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To pt+cy ~nd continuously kNp on th~ buildinps now w Mr~+ha ~ihr~t~ on said laed ~nd on ~II pvipment u~d pNSOnally cova~d by this mat~
p~, with ~11 premiwnt tF»r~on paid in iu~4 fu~ k~s~nnu in tM ~nwl su~dud policy foren, in a svm app?ov~d by tM MORTGAGEE, and wi~btorm (
iraurwx* in tM ~nwl nu~d+~d poGcy fa~+b in a swn ~pprwed by ~M MORTGAGEE, in wch companY or comP+^ies a th~ MORTGAGEE n»y i
dinctt ~nd all tin and w'~twm ieuwana po~ic~ a~ ~ny Of Nb ~1?~bM1Q~+ MY ~flkfql iFNf~{I1 Of ~?f fIMt~Of, in tM +~yre9aq wm aforesaid or
in ~xcas th~reof, ah~ll coe?taL~ tM uswl standard mortq+~ clauw a wch otha claw~ as tM Mor~y~ maY nqvin. m+kinp IM loss undN uid poi4
ciy, tath ~i?d ~very. paYabl~ b s~id MORTGAGEE as iri iotKeit may appM~. and tach u~d ewry tuth policy sh~ll b~ promptly ~u:9ned ~nd d~livKed to
~ny Mld by s+id MORTGAGEE ~s funh.r secwiM ro s.id mortp+p• d.b~, and, no1 ku 1h~n ten (10) d~ys in advu?u ot tM ~zpir~tan oi e~ch policy. to da
livK ro s+id MORTGAGEE • nnswal tMnof, ~op~~Fw? wi~h • reuipt fw tM prati?iwn of wch renew~lj snd ~hen ~hsll be ra fir~ or windsto?m iniw~nc~
plapd on ~ny of ~aid buildinps, ~ny inter~st tMr~ie w put tMroof. unless io tM iorm ~+d with tM loss payabM ~s sfwesaWj and in tM ~wM u~y swn
of mo~y becwnes p~yabl~ w,dK wc1, po11~y a policl~s said MORTGAGEE shall Mw ~M op~an to reoeive and apply the s+m~ on accouro of tM ind~btad~ ~
nts~ sscw~d Mteby ot ro pKmit ~aid MORTGAGORS ro ttoeiw and u~ h or +ny pa~t thereof fo. otF?er pu~poses, wilhout thereb~ waivinp o~ impair-
iny ~ny p~ity, lia~ or r'pht unds~ or by vGtw of thi~ mortp+~; and in tM ~wnt said 1NORTGAGORS shall fw any reason fail to keep the said pr~mite~ so !
tnswed, a faU b dsliva promptly ~ny of s~W policies of insur~i?ot w aid MORTGACaEE, w isil promptly ro p~y futly ~ny p~emium therefor o? in any =
roipact fail ~o pMfw~n, discMrys. ~:ecvq. ~ff~ct. compk», complY with a~d abid~ by this cov+nu+t, w ~ny put l~eof, said MORTGAGEE may pl+a ud
paY fa such irawux~ o~ any put tMreof withow w~ivirp a ~ff~ctiny u~y option, 11~n, equity, w right unda w by virtu~ of this Mort~sp~. and the i
full ~mo~nt of Nch and ~vKy u?d~ paym~nt shall M immed'utsly dw s~d WyabM and shatl bear interest from tM date the~eof until p~id a1 tM rat~ oi
nin~ pet antum pu anrwm and togetF~er with such intaest sMll b~ secvted by the li~n of this mat~~s.
4. To p~rmit, oorn~dt or wffa no wast~, impairm~nt or det~rioratan of said propKty or +ny p+rt thereof.
S. To p~y ~11 uid sinpvlu tM oosb, ch~~a ~nd ~xpKUes, inclvdiny • reasonabl~ +trorotlr's fe~ snd oosn of sbstracn of title, innm~d a p~id ~t
any tims by said MORTGAGEE, batavse w in th~ ~w~t of ths failuro on tl~e p+?1 of 1M said MORTGAGOR 1o duly, ptomptly and fully p~rform, disth+rp~
execvt~. ~ffeq. eomplet~. comply with and abide by esch and every tM stiputaiwns, apreemeMS, conditiora a~d oovenants of said promiuwy note and thw
mat~y~ a~y w a~har, u+d ~aid cosn. chuWs ~od ~xpaws, each and ~very. shall be immcdiately dw and payablr, whether or i?ot tha~ bs noriu da
msnd, attempt to colkct or wit pend7npt aod tM full amount of ~ach and way wch p~yment shall bsar interest from tia dat~ tMreof until paki at tl?~
rate of nine per eentum pa annum; and all said eotts„ chuy~s and expenses incwred a paid, lopelhe~ with such intaest, st?+II b~ setured by tM li~n of this
6. Th~t in the ~vsnt of any bresch o~ this Mortyay~ o? daf~ult on the pa.t of tM MORTGAGOR, or (b) in the ~vent ~ny of ss~d wms of mon~y
her~in rofar~d to be not promptly and fully p~id within thirty (30) da~rs next ~fter the same severatly become due and payabb, withovt dem~nd a notia,
or In tl+e event each and ewry Ihe stipvlatiom, ag~~amnts, caKl7tions and coveni~ts of sa+d promiuuy note and th~s morpape any or either an no1
iuly, promptlp and f~IIY performed, d'acMr~ed, execvted, ~ffected, completed, complied with and abided by. tMn in either w ~ny such ~vent t!N Nid +p~
pregat~ wm mentwned in said promissory note then remainin~ unpaid. with interest ~cuu~d, and all moneys secured hsrebr. .h.u bec«n. dw .~+d ar
abls forthwith, a thereaher. st th~ option of said MORiGAGEE, u fully ~nd completely as if ~II of thc satd sums of maay were wipinalty qipulated
to be paid on :uch day, anythinp in said promissory note or in ~1?is Malp+ge to ths contrary notwithstandi~g; and Iherevpoo or themaha a1 tM optio~ of
said MORTGAGEE, without notics w dem~nd, wit at law or ln p~rity, iF1ltlFOlf Ot tIllfNNH ~V~y may be prosecuted u if all moneys ~cu~d Mreby
had matwed {xior to ib institution.
7. TFat in th~ eve~t th~t at th~ begimi~g of or ~t sny tim~ ps~ng any wit upon this Mwtgsge, or ro faeclose N, or to reform h, o? to ~nfwoe
payment of ~ny clsims he?eunder, s+id MORTGAGEE sh~ll apply ta the Ca?h haviny jurisdrction thereof for tl+e appointrnent of a Rsceive~, wch Court shall
Forthwith appoint • receive~ of said mortpaQed properfy all aod sirgular, incl~rd~ng all ~~d singvlsr the income, pro(its, iuues and revenues frpn whateve~
wurce derived. each ~nd every of whith, it beinp ~xptessly understood. is hercby mortgaged as if spetititalty set forth ~nd dewibed in the 9rantinp ~nd
habendwn dsuses hereof, snd such Receiver shall h~ve +II the brwd aod eHective f~nct~ons and powars in ~nywise entrusted by a Court to a Reteiver, ~nd
such sppointment shall be made by wch Court as an admine~f equiry and a m+ttcr of absolute right w ssid MORTGAGEE, and without roference to tl+~
adequscy w in~dequacy of the wlue of the propery matg+9ed or to the awvency or insolvency of said MORTGAGOR or the defendants, and ~Mt such
renrs, profits, income, issues and revawes shall be ~pplied by ~ud? Reteiver sccordinp to tha lien or eqvity of aid MORTCaAGEE and the practice of wch
Court.
8. To dvly, pranptly u+d fvlly perform, discharg~, exeeute, effect, complete, comply with aod abide by each and every the stipulations, a9reart~enri,
conditara and oovenants in said promissory note u?d this mortgage set fwth.
9. That in the event the ownership of ths rriortg+yed pranises, or any patt thereof, becomes vested in a perton oiher thsn ths MORTGAGOR, tl+~
MORTGAGEE, its successors +nd au~gns, re+Y, wi~ha» no~ice to the MORTGAOR, deal with such svccessor w wccessor in interest with reference ro thia
mortg~ge uid the debt hertby secured in tM same manne~ as with Ntortgagw witFaut in ~ny way vitiatirg a distMrg~r+g the Mwtysgors' liability hera
under a upon the debt hereby secured. No sale of the {xemises hereby mortgaged and no forbearanoe oe~ tM part of the MORTGAGEE w its svocesson
or auigm and no e:tens7on of the time fw the payment of the debt hereby secured piven by the AhORTGAGEf or its successors w+ssiy% ah+ll opa~t~
~o rekas~, d~sd~arpe, modify chsnge a affect ths aiginal liability of the MORTGAGOR herein, either in wFak o~ in part.
10. It is spec~fically agreed that time is of the essence of this mntrad sod that no wsivar of any obl'gation hereunder or of tM oblipation sa
cvred hereby sh~ll ~t any time thereafier be hald to be a waiver of the terms hcreof or of Na initrueneet secured herby.
"t~on to ths fwego:ng moethly paymems of princ:pal and interest requ~red by the promissory r.ote secured hereby, mort
and agrees to pay to mo monthly payme~t sn sddirional sum estimated by mortgagee to be eq~al to 1 1 a cost af the follow-
'^g: -x
A-All real property taxes kvied w sssessed against the above descn e.
B-Premiums on fire and wintlstorm inwrante as Fxrein r ' urried on the impro 't~~ate
on thc above desvibed premises.
C-Premiums on such mwtgnge gwran as mwtgagee sha~~ from time to time deem fit to carry o~S`t n secured hereby.
Mwtgagee shall from tim notify mortgsgw in writing of the amount due and paysble hereunder and suth wm s a n be dve aod ~
payabk on the due t e ne:t monthly psyment and each svccessive month thereafter until mwtgsgee shall notify mortgsgw of a c a '~,ch
amount. ums shall be applied by mortgagee tow~rd the payment of real property taxes, inwrance prem:ums, and mortgsye gwranty inwrance ~
E ms. ' t
i IN WITNESS WHEREOF, the ssid MORTGAGOR Ms hereunto set his hand and seal the day r firsf afor {
~ Sig Seakd a deP presence of: ~
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STATE OF FLORIDA ~
SS.
couNn oF St. Lucie ,
e.f«. ~...o~iW .~.,..d HamPton Faulconer '
Anna R. Faulconer ~p w~{~. ~~„e We~~ knowr, ,nd known to n,w to 6~
tta Individwb described ln and wla sx~cuted ti» for~poirg Fruutrwn~nt, and adcnowtedped befor~ me that tFay execvted the same for tl+~ purposas
r~ey, ~~,,;d Anna R. Faulconer
W~r. ,f Haapton Faulconer upon . ,.p.ar. «,d P.w.n -
exaniuution by me taken separate and ~paA from ha ssid bwband, ~cknowl~dped to and befon me ihat sh~ execvt~d said imtrument fredy and volun-
tarily and withouf ~r?y tomp~bioe~, wmtraiM, appreFwrrio~, gr fear of w from ~ s~id Iwsband.
WRNESS my land ~nd official ~ul d+:s y= d.y of March p- ~q 69
~ w /1/~~(Li ~,~r,~ "
~ FILED ANO RECORDEu'. P„~K .,,d fo, s~,~. of:lF~oc~a: ~~::w:
UCIE GOUNTY. FLd. M„ ca,rr~w.;~n .~cpi~a: ~ ~ ~ ~
r
~ R~twn Ta ST. ~'1RT' `/c:.F~4F1ED " a~..-~-!7/C ~ t? ' _ #
Fint F.d..,~ s.~~ s~, ~.«~.t~, r i ~IOiA~r fl~LfR =TATE 9k
or F~ vK.«. MY cawruss~or~ ~~a~s ~ ~ ~i = ~ _
~ ~ P;~u. F~.~. 1'75s . E.EO ..~oY.~~ ~ ; -
~ '69 t~R I ~ PN 12 . 3 ~ ~ ~ - r ~ ~ _ .
~ / . . ~
Y~ . ~
This Instrument Prepared By -'Ov~ ~ ~ OITRA~ ~
~ First Federal Sevings d~ loan Ass~C'~s~ C~RCU17 COURT
~ of Fort Pierce
~
Checked By J. Coll in~ _ . ~
- ~ ~ ~ ~
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, 3~~ ~ . °'~:;r
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