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To pla~ and conti~uously keep on the buildinps now or Mreafter ~itwt~ on iaid land and on all equipment ~~d pasonally covKed by tAis mwtp~ i
ap~. with ~II premiums lherson p~id in full, fire insuranc~ in the ~:ual standard policy form, in • sum approved by the MORTGAGEE. and wintlstorm
Guwanc~ In tM ~swl ~undard polrcy fart4 i~ ~ w+n ~PProved by tM MORTGAGEE, io wch comp~ny or comp+n7es ss 1M MORTGAGEE m~y
dinctj u~d all fin end wi~dsronn insurae~ce policies a+ any of said build~nps. any inte~est Iharein w part tl+creof, i~ IM a99~e9at~ ~um aforesaid a
M~xces~ theroof, shall c«+t~io the vswl standard mor~gaga~ cl~uss or svch other claus~ u 1he Matyagee may rcqui~~. makinp tha lou unda said polb
ci~s, each ~nd ~very, payable ro s+id MORTGAGEE ~s ib interest maY +ppear. and each and ~very iuch policy shall b~ promptly ~ss.yned u+o de~ivKad to
~ny heW by said MORTCsACsEE as furthet security to s~id mortgage debt, and, i+ot Ieu than ten (10) days in advance of the expiration of each polity, ro d~-
liw~ ro s~id MORiGAGEE • renewal thereof, topstMr with a receipt fw the premium of wch ronewat; and there shall be no fire or wir.~::torm insu~+nc~
pl~pd on ~y of said buildirgs, ~~y iMerest .therei~ or part thereof, unleu in the form and wi~h ~he loss payabk as sfuesaidj u+d in 1M ewnt any wen
pf nwney pecpnes p+YaW~ unda such policy w polKiss s~id MORTGAGEE shaN have the opt~on to receive and appty ~he ssme on accoun: of the indebled- `
nys secu~~d i~ereby p b permit ssid MORTGAGORS lo ~eteive snd use it a any part ~hereof fa othcr purposes, w~~ho.,~ ~hsreo~ wai~i~~g o~ ~mpair• ~
Inp any pvity, litn w right vndet or by virtve of this mortg+9e: +nd th~ ever+t ss~d MORTGAGORS shall for any roason f~il to keep the iaid premises so ~
irnvred, or fail fo deliva promptly any of said policies of insurance ro wid MORTGAGEE, or fail promptly to pay f~lly any premium theralar o~ in any ~
r~spect fail 1o pu~wn4 dixharge, e:etute, effecl, complele, compty with and abide by this covenan~, w ~ny pa~t hereof, ssid MORTGAGEE may place and
u~ ~
p~Y fa such inswano~ w~ny part thereof w~thout w~iving or +ftectinp any opt~a~, lien, equ~y, a rigM unda or by virtw of this Mort9a~e, u~d the ,
full amount of tach u+d ~vKy such payment shall be imrrKdiately dve and payable and shall bear intere~t from the date thereof until paid ~t ths ~at~ ol E
ni~e per untum p~r anrwm ~nd to,~ethe~ with such interest shail be secured by the 1'~en of this mort9age. ~
1. To pKmit, canmit or suffer no waste, imp~irment w deterioration of said property a~ny put thereof• (
S. To pay ~II and ~irgular the costs, chsrges and expenses, including a rcasonable anwney's fee and costs of abstracts of tiNs, inrurred o? paid at ~
any tims by said MORTGAGEE, bacavse or in the sve~t of the fsilure on the pa?t oF Ihe said MORTGAGOR to duly, promptly ~nd fully perform, dixhargR ~
~aecvt~, effsd, oomp~et~, compty with and ab:de by each and every the stipulat~ons, sgreements, conditions, sr?d. covec~ants of said promisswy note and this
mort9ape ~+?y w eithe?. and said costs charges and e:penxs. each and evcry, shatl be immediately due and paysble: whether w not there be notice dr
mand, attempf to collecT u suit pending; and the fvll amo~M of each and e~ry s~ch paymeM sha~l bcar interest trom Ihe date thereof ~Mil p~id ~t the
nte of nioe pcr ce~tum per annum; and all said msts, chargcs a~d expenses incurred a paid, togelher with :uch inferest, shall be sacured by the iien of tha
ma?q+~•
6, ih~t (a) in the event of any b.each of this Mortgage w defautt on the part oi the MORTGAGOR, or (b) in the event ~ny of aaid sums of money
herein referred to be s~ot promptly and fvlly paid within thirty i30) days next after the same sevcrally become due and payable, without demand o~ notice,
or in tFa event each uK! every the stipulations, agteements, conditions and covenants of sa:d promissory note and th~s mortgage any o+ either are ~o!
~uly, promptly and f~lly periormed, diut~arged, executed, effected, completed, complied wiih and abided Sy, then in sither or any such evsnt 1F?~ ssid ag
preyate sum memioned in said p?omissory note then remaining unpaid. with inrerest atuued, and,all moneys setured hereby. shall bwome due and psy~
abte fwthwith, w thereafte~, at t!?e option of said MORTGAGEE, as fully ard completety as if all of the said suma of money we~e o~gin~lly stipulated
to bs paid on wch day, anything in saSd promiuory note w in this Mwtgage to the contrsry notwithstanding; and thereupon or ihereafter at the option of
faid MORTGAGEE, withouf notice o~ demand, wit at law or in :qvity, tFxrefwe or thetta(ter begun, may be prosecuttd as if all mw~eys setured heteby
had matured pnor ro in institution.
7. That in tbe event that at the beginning of w at any time pending any suil upon this Nbrtgage, or to foreclose it, or to refo?m it. w to enfwp
payment of any claims herevnder, said MORTGAGEE shall apply to the Court having jurisdic~ion thereof fo~ the appointment of ~ Receiver, such Cw?rt shall
forthwith ~ppoint a rcteiver of said mortgaged property all and singular, includmg all and singular the income, profits, iuues snd revenves from whatever
source derived, each and evcry of which, it being express~y understood, is hereby mwtgaged as if spec~ficaNy xt fwth a~+d destribed in the yrantinp a~d
habendum clauses hereof, and such Receiver shall have all the lxoad and effective funct~ons and powc~s in anywise entrusted by a Cou?t to a Receiver, and
wch appoi~tment shall be made by such Court as an admittcd equity and a matter of absolute right to said MORiGAGEE, snd without reference to ths
~deqvacy w insdequacy of the valve of the property mortgaged w to tl?e iolvency or insolvency of said MORTGAGOR d the defendann, and that such
rents, profits, income, iuues and revenues shall be applied by such Receive~ according to the lien w equity of said MORTGAGEE and the practite of ivch
COwi. +
8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipu~ations, agreemenb,
conditaro and covenants in said promissory oote and this mortgage set fo~~h_
9. That in the event tF~e ownenhip of the mortgaged premises, w any part thereof, becomes vested in a person other thsn tF~e MORTGAGOR, the
MORTGAGEE, ib succeuors and assigns, may, without notice to the MORTGAOR, deal with such successa or wccessor in interest with reference to this
mortya~e and the debt hereby setured in the same manner as with Nbrtgagw without in any way vitiating or disctwrging the Mortgagors' liability hera
under or upon the debl hereby secured. No sale of tFK premixs hereby mwtgaged and rw forbearance on the part of ~he MORTGAGEE w its succeswn
o~ auig~s and no extension of tF?e time for the paymeM of ~he debt hereby secured given by tMe MORTGAGEf w its succeuon or suigns, shall operate
to mkase, di}charge, modify change or affect the orginal liability of the MORTGAGOR here~n, either iri whole w in part.
10. It a specifically agreed thal time is of the esurxe of this contract and that no waiver of any obligation hereunder or of the obligation se-
tured hereby shall at aoy time thereafta be held ro ix a waiver of the terms hereof or of the instrume~t secured herby.
ddition to the forego:ng mw~thly payments of princ'pal and interest requ~red by tFie prom~uory note secured hereby, mortgagor mvenants
' ~nd ag~ees to pay with each monthly payment an add~rional sum estimated by mortgagee to be equal to 1/12 of the o low-
in9:
. A-A!1 reaI property taxes levied or assessed agai~st ibed r . ;
B-Premiums o~ fire and windstorm iruv?ance as herein r o ca~ri on veme:+ts sitvate o~ the above desvibed premises. '
C-Premiums on such mwtgage guarant ' ~ce as mortgagee shall from time to time deem fit to the (oan securct! F~ereby. i
F er E
JNortgagee shail from ti ~me notify mortgagor in writing of the amount due and payable F~ereunder and such su. reupon be due and ~
~ payable on the du o the next month:y payment and each successive montb thereafter ur.til mortgagee shall notify mortga9w of a in wch ~
f artaunf. sums sF.ail be applied by mwtgagee toward the payment of real property taxes, insurance prem.ums, ae~d mortgage g~aranty inwra~ce i
pr ms.
iN WITNESS WHEREOF, the said 1NORTGAGOR has hereunto set his hand and seal the day and year first afwesaid.
Signed, Sealed and dtlivered in the presence of:
n
' .n
• ~ ,sy ,tilrwmv~c-- i~~ cs~n
~--n
STATE OF FLORIDA ,
St. Lucie ~ ~
courm oF
e.fore m. Ps.swu~~y sppe+~ed aIDe s L Robe r t s} T r aad
~iary Yvonrie Roberts his wife, to me well known and known b me to b~
the individwb described in and who exec~ted the foregoirg instrumem, and acknowkdged before me that they executed the same fa tMe purposes j
~e~ ~ f~ ~ biary Yvonne Roberts
James L. Roberts, Jr. , ~~e,nd ,,,,t~
wif~ of tM ~aid °P°^ ~
exsm?nsYaR by me taken separaee and apsrt from her said husband, sdcrawledged eo and befwe me that she executed s~id instrumsnt h~slr ~nd volun-
tuily ud without any compulsion, constr~int, app.ehms~on, oLtear of or from her iaid husbsnd.
WITNESS my Mnd and offitial seal this 2 ~ ~ day of Febr X ~ I?. D. t9 69
FtLED AND RECORDED ~ -
,
- ':7. LUCIE C~UNTY. FL-A.
_ , • ~ . r , ~ - Notsry PuW ic in ~nd fw tM St~tt Of f~Wid~ at ~.sr~ , : -
1 I V V I - My Comm~uion ~xpins: /.2 . • ~ `'~f"/ - - ~ _
Retum Ta ' • ' ~ -
fint fsderal Savings i Loan Associatan ~0T~i1 lud~?C. tTA~c OF fL0YlY1~[ LA+~~f::)
Oi Fwt P~e~ce. f^ n { ' • 1~ MY CO/AMISSIOk FXPiR=S D~G 3. 1971~. . .
Fo~t Pierce. Florida ~9 F~~ Z( Q~~ 1 I• ~1 ~oeo ~Neouw~ IRED w. o~fJiT~li~ow~r
L~i~~? A ~ . -
1~i~ ~ / ~ , ~
7_ ~ ~T?~..5 S
This Instrument Prepared B~iL=~~' U~T COURT
First Federal Savings b. loan Association
of Fort Pierce
Checked By J. Chastain '
eo~K 175 ~ 2676 ~
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