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To pl+w u?d contiiwwusly ke~p on tM buitdinps now ot h~r~ahN aitvat~ on saW land ar+d on dl puipm~el ud p~rwnaily covKed by this morp.
ap~, witA all ~:r~miwm thereon pa~d in full, fi~~ tnsu~~nc~ in ~h~ ~nwl ~undsrd policy form, in ~ tvm approv~d by tM MORTGAGEE, ~nd wi~htorm
t~qwaoq In tM usual ~tu~dard policy form, in a wm ~pprowd by ~he N~ORTGAGEE, in s~ch campany or companNs a th~ MORTGAGEE m+y
dinctt +nd dl firs u?d wi~ds~o~m insurana polkis~ on ~ny of Nid bUiWi~f~ My T~Ih~Nf tMffill O~ pi~i ~MfMf. in ~M pyre~a~~ wm ~fore~ad or
In ~xoas tMhof, ~hall contain tM uwal standard matyap~ cl~uss w such WF~ clws~ ~t IM Matyps~ may rpuir~. maktnp tM ioss und~~ said poli~
c~s. ~ad~ ~nd ~ve~y. psY+bl~ q s~id MpRTGAGEE af itt ints~est may ~pp~a~. and acb and ~very such poliq shsll bt promptly us:9n~d usd dtlivKed to
~ny MW by ~aid MORiGAGEE ~s fvnhK secvriry ~o ssid mor~ya~~ debt, and, nw leu th~n ten (10) days te~ advance of the ~xpiratwn of ~ach policy, to d~.
liva to uid MORTGAGEE • renewal thereof, toyetF?K with a raceipt for tM prtmivm oi wch renewal; and the~s sMl! b~ oo #Ne a windi~am insw~nct
pt~o~d on any of said bulldin~s, any interest thereio or part tMroof, unleu in ths form and with tM bss payabl~ as ~fweisidi ~nd Io tM ~wnt aey w+n
of moMy becan~s piyable w~d~r wd+ policy or policies s~id MORTGAGEE shall Mw ~he optan to receive and ~pply ~he ~ame on acca,M of tlw indebted~
esss ~cvnd hsreby a ro pKmi~ said IIAORTGAGORS ro receiv~ and vk it a any pa~t thereof fw oiher purposes, wilhout thr~eb/ waiving o~ impair-
irg any puiy, li~n or right unde~ or by virtue of this morspsy~; snd in 1M ~vcn1 said MORTGAGORS shall for any reawn fail to keep ths ~id pnmiics so
inu?red, or f~il b d~liver pronK?tly sny of said polictes of imwar?c~ to said AAORTGAGEE, or fail promprty ro pay fully ~oy p~emivm thaefor w In any '
rapttt fall q pe~fan~, dixharye ~xecute. effect, camplete. comply with and abid~ by th7s covenant, a any psrt hereof, said MORTGAGfE rMy pl~u ~nd
P+Y fa sud~ Inswana or +ny put thereof without waivirp or sffecfinp anY opYron, Ikn, eq~ity, a i~ght under o~ by virtw of this Mortyap~, u~d tM
fvll amount of each and ~wry wch payme~t shal! b~ immed'eately dve snd piysbk and shall bear Interest from the date 1F?ereof wuil paid at th~ ~aN of
nir~ pe? centum per arwwm and topetl+er with such intaest shall be secu~ed by the lien of thls mo~tgsge.
4. To p~rmit. tommit or wffa no waite, impairrtw~t a deterion~an of said property or any paA theraof.
S. To p~y ~II ud sinpu~ar tM coib, charges snd expenses, includinp a re~sonabls attorney's fee u+d costs of abstracts of titls, irKVned or paid at
any time by s~id MORTGAGEf, bscavs~ w in the ~vent of rhe ;s;lvre on the pan of ~h~ iaid MORTGAGOR to duly, prompNy and fully perform, disch+ry~
•xec~t~, ~ffstt. oompkte, comply with and ~b:de by each a~d every tM stipula~~ons, agreemeroa, cond~~ioos, ~nd coven~nn of said promiswry oo~• u+d thu
mortQap~ ~ny o~ ei~her. and aid costs, chuges ~od expenses, each a.+d every. shall be immediately dve and payable: whether a not thsre M not~ce de~
mend, mernpt to colkct or wit pending; and the full amovnt of exh and every wch payment ahall bear iroerest f~am the daM thcreof ~ntil p~id at tht
rate of ni~ per certtum per ~nnvm; and all said costs, charges a~d expe~sea incurred or paid, together with suth interest, sMll b~ securot! bp th~ lien of this
6. 71wt in the eveM of any breach of this Mongage or default on the psrt of the AtORTGIbGOR, or (b) io the evept ~~y of sa~d sums of money
hereu+ roferred ro bs no~ promptly snd fuUy Rad within thirty (30) days next after the same severally betome due a~d payabie, wUhout dema~+d or notioe.
w(c~ in the event each ~nd svery the stipulatio~u, agreemsnb. conditions a~d covenants of sa~d promiuory note and this mprtqa~e any or athN sn nW
~vly. promptly and fvlly performed, d7uharged. execvted. effected. completed, compl~ed with and abided by, then in either br any tvch ~vent the said ap-
pregaM wm mentaned i~ ssid promisswy ~oro then remsining unpaid. witA interest xuued. and atl moneys secured hereby, shal) becom? dw and pay~
abls forthwitly w theresha, ~t the option of said MORTGAGEE, as fully and completely u if all of the said wms' of money wero wiyinally ~tipulated
ro be paid on wch day, any~hinq in said promiuwy note w i~ tha Matgage to the conuary notwirhstanding; snd tb~rcvpon w thHCSiter at tM option of
•aid MORTGAGEE, withovt natice or demarxl. wit at law or in equity, therefwe w thereafter begun, may be p.oseil~ted as if all mp~ey~ sawred he~eby
had metund prar to in instiwtioe, r
7. Th~f in the event thst at the beginning of or ~t any time pendi~g any wit upon this Allortgag~, a to•f.xec}qs~~~ ~~,ar.~o refwm it, o~ to anforp
psyment of any daims hereunde?. said MORTGAGEE shall apply to ti+e Cwn hsving jurisd;cfion thereof fci tHet appoir~trti~7~t of s~ Receive?, svch Court shall
forthwith sppaM s reoeiver of said mort9aged property all and singular, includ~ng all and s~nqu]ar the ir+come, profiri, issues and~revern,es from what~ve?
source derived. each and every of which, it being expressly ur?derstood, is herrby mor~gaged as it spec~fically ~et fwth and dewibed in tbe granterp and
habendwn dawes I+ereof. ~nd such Receiver shall have atl the broad and effective funct~ons and powers i~ a~ywise entrusted by a Court to a R~ceive~, and
•uch ~ppointment shal~ be made by wch Court as an admitted eqvity and a matter of absotute right to said MORTGAGEE, s~d without reference to the
adequsty d insdequaty of the wlve of the propery mortgaged o~ fo tF~e wlvency or insolvency of said MORTGAGOQ or the defendanri, aod that such
rents, profits, incwne, issues aRd revenues shall be applied by such Receiver accwding to ths lie-n or equity of said MOkTGAGEE and the praclite of wch
Wtitt.
8. To duly, prompty and futly perform, discharge, execute, effect, mmpkte, comply with a~d abide by eac}~ and erery ths stip~btions, agr~ts,
conditiom and covenaros ~n said promissory ~ote and this mortgage set fwth.
9. ?hat in the event the ownenhip of the mortgaged premises, or any part thereof, becomes vested in a penon othe? tMn the MORTGAGOR, tFw
MORTGAGEE, its succeuon and auigns, may, witho~t notice fo the MORTGAOR, deal with such s~ccessor or wccessor in interest with referer~ce to this
morlgsQe u~d the debt t?ereby secwed in the sarne manoer as with Mortgagw without in a~y way vitiatiny or dixharging the Matgagors' li~bilily hera
unde? w upoa the drbt hereby secured. No sale of the premius hereby mortgaged and no torbearanoe on tht part of the MORTGAGEE or its successon
or assigro and r?q extepsion of the time for ti~e paymen! of the debf hereby secured given by Ihe /NORiGAGE~ or iri wccessws or auigru, shal) operats
ro release, discharQe, modify ch~nge q affect the .orginal IiabiGty of the N10RTGAGOR herein, ather in whole or in part.
10. It is speciPically agreed that time a of the essence of this contract and that no waiver of any obligation herevnder or of the oblgatan se-
cvred hareby sMll at any time thereafter be held ro be a waiver of the terms hereof or of the instrumenf secured herby.
In addition to the fwego:ng monthly paymenfs of princ pal and imerest required 6y tht promiuory note secured hereby, mort covenants f
and agrees o ee with each monthly payment an addi~ional sum estimated by mortgagee to be equal to 1/12 a cost af the follow-
ing:
A-AO reat property taxes kvied or azsessed against t a
B-P?emiums on fire and windstwm insurance as herein o carried on vemenK situate on the above desuibed premises,
C-Premiums on svch martgage guaran Ke as mortgagee shalt from t~me to time deem fit n the Ioan secured hereby.
Nlorigagee shall from ti ~me notify mwtgagor in writi~g of the amouM due a~d payabk hereunder snd wc s ther
balL eupon be due and
payabk on the due the next monthly pa~meM and each successire month thereafter u~til mortgagee shall notify r~wrfgagor p-}" aZfrap in wch
amouM. shall be applied by mwtgagee toward the payment of real property taxes, insurante prem:wns, and mortga9e guaranty i~uur
P~ '
!N WITNESS WHEREOi, the said ~GAGOR has hereunto set his hand and seal the day and year fint afuessid.
5~9ne , led an del' ed F presenoe of: (1 ~ •
K
FtLEO AND RECOROED Y~Q~~ G~~ c~+~
ST, LUCIE COUt3TY. F~?s-
RF.CO?:~ VEZ1Ft~0 rt.q
1'748r?'2 ~-n
STATE OF FLORIDA ~
couNnr oF st. Lucie '~g E$ 18 ~ I I: 56 ~
Befon rm per:on~lly appearcd Royston S. ~darren a~
Aiarion Warren ~ TRAS his wife, to me well known and known to me to b~
tha individwb described ;n ~nd who executed the for~qirLp~(tr~f~((~ befwe me that tixy executed the same for ths pur~wses
~,e.~~n e~.~d. n„a ~ htarion {r)ari~~i
w~te of th. said Rovston 8. Warren ~
examination by me taken sepante a~d apart from her ssid husband, adu~owledged to and befwe me that she exccvted ssid instrw~~t lr~ty, and vol~rn-
tarily and without any opmpu{sion, conitraint, appreironsion, pr feu of or fran her said husband.
WITNESS my hand ~nd official seal this ~ 7~-~y day of February 41t~A. ~ 69
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• Notary Public in and for f11M :SfaJ1~.Qj , t~
My Commission expires: - . : I
Retum Ta 7K p f 1
First Fsderal Ssvings i twn Astociatan ~ ` Q~ : C= ;
~u~AYr P68UQ :TATE Oi fLORIOA AT 4 ` : ' -
Of Fort Pierce. MY COMMISSION EXPIR~S p[{. 3. 19T~!i:~., ' v,•' G`
fort PiHCe. Florida ~a+oto ~HROUOe ~REO w. DIESTtLNOA,h Q '
=~:'c " .G i
7:.3 f. . ~
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This Instrument Prepared By
First Federal Savings d~ Loan Association
of Fort Pierce
Chedced By -T. Chastai ~
f
aooK 175 ~~F2484
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