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To plaa ud oo.?HM,o~nhr kNp on th~ buildlnp~ now a MhaftM ~itw» on uW t~ and oe ait puk+~f Pw~h~ ~ bY ~"~~'P
p~, witb ~II pnn?iw~ tMnon paid in WN. ftn Mawu~ot In tM wwl sundard PoIkY kn~, in a swn approwd bp tM MORTGAGEE. ~+d wineb~onn
trawanc. In th. u~wl •tandud poliey fam. in . wm •pp.owd br dw MORT~GJ?GEE. tn wch wn+~.r_.• a comp.nia a M. MORTW?Gft e+ay
dincri and ~II fin ~?d windswm? i~awana pol~ on ~nr o( uid buiWt~, anY inanst rh~rNn o~ pat tMrwf. !n tM pprep~H wm ~foraaW a
b ~xaa ~he~of, sMil cont~in tM uw+l st~nd+rd nartp+CN clauw w wcb,~olis~ dws~ ~ ~M Matp+pN rt?+Y nq~in, m~kkg tM los: wd~r ~aid polG
da. Neh ~d wKy. WY+bI~ fo s~ld MOR?GAGEE a ia intaaf nwy appw, ~nd Neh and ~wry wd~ poiiev aMil b~ pranpNy .ss:ynrd u+d d~liwr~d to
~n~r Mkl by aid N10RTGAGEf ~s fwtha s~ewlry to u1d nanpap~ d~bt. ~nd, not I~ss th~ qn ~10) days In advsna ot th~ ~xptntion of Neh poliey. to eM.
liv~? to ~aid MORTGAGEE a r~w~l tMnof, top~thK with • naipt fa tM phmium of wch r~w~11 aed th~n ah~ll b~ oo fin a wi~datam i~aw+na
pl+ad on any of uW butid'ups, u~y interat thsnin o~ put thKwf, unl~ss in th~ Mrm and with tM !oa p+yabb a~ afa~s+id~ ~nd in tl» ~wM any wm
of ~Y b~corr~ p+Y+bb w~d~r wd+ polky a polieNs ~aW MORTGAGEE aMll Mw th~ optio~ 1o nwiw and ~pply th~ swe?~ oo Koount of th~ ind~btd~
Mn Mcw~d hu~by a a pwmH ~id MOR?CAGORS to npiw ~nd uN N a any pa.t N~tnof fw otf+a~ purposes, wi~hoW ~heret~ waiving or impair-
inp +iW puib. Ii~n a ~ipht w~d~? or bp virtw of thi~ mortp~~ and in tl~ ~wnt Wid MORTGIIGORS sha!! En. ~ny nawn fail to kNp tM uid pnmbh w.
MNw~d. 0r fail b dtliw~ P~~~~1? ~~1? of s+id policia of irawa+?a ro atd MORTGJ?GEE. o. i~u a«~~h, w ~»y wiy ~ny ptsmium thtr~fw or in ~ny
~p~ei fail b P~?torm. dhdw~. ~x~a+b, ~fhct. oomPbt~. aomplY wtli~ a~d sbidt by N~b eovrna~t, a ~ny pu~ Mrwf, s+id MORTGAGEE ~y pl~p ~nd
Wr for wd~ irovrano~ or a~r part tM~wf wi~hout w~ivinp a aff~ct4W «hl option. ~Mr+. puity. w ripht ~ o~ by vinw of tN~ and the
fua xnowq of Mch and wKy wd~ paym~nt aMlt b~ ia~d'uMly dw aod pysbl~ ~od shall beu hNrest from th~ d~N tlweof untif pa~id
~ wt~ d
~ pK antvm pu amvm aod topethK with iuch Int~nat shall b~ s~cw~d by fh~ IiM of this mat~p~.
I. to p~tmi~ canmit or wff~r no wut~r, imWkmtnt a drt~riowtiom of wid propKry or ~ny p~rt tlwraof.
S. To p~r ~II and sinpula th~ eo~ts, eMrpN ~nd ~xp~as, G~dudMg • na~on~bb attore~y'~ fN and oos~s of sbstr~ets of Ktl~, i~ewr~d w p~id N
aoy tin~ by said MORTGAGEE, b~eaus~ or tn th~ ~v~nt of th~ f~ilw~ on tM p~et of th~ ~aW AAORTGAGOR w duty. P~P~~Y and ~vlh o~.fwen, d~seh+rpR
tn~a??~. ~ff~cf. aompl~tp awnplY with and ~bid~ by ~ad~ and ~wry tM stipul+Ywm. +pnemenq. coalitiom. u~d oown~nb of s~id promissory noh and ~hit
map+p~ +nY a~iti~. and s+d cosb. dwp~s +nd ~xp~nw~, ~ach +ed ~vNY, sMll b~ in~d'ately du~ and pay~bl~j wMther a not rMr~ b~ notta dr
ew~d. att~t to oolt~d w wH ~!'inpj ud tM fulf ~mow~t of ~ad~ a~d evNr wch p~yma~t sh~Q bsar inte?~st frorn th~ d~a thsreof uMi1 p~W d tM
nte oi nin~ pK centvm ps~ annumj and ali ssid oos1+, ch~~+ +nd ~xp~nses 4+ournd o~ p~id. ~op~thK with wch inter~st. ahdl b~ s~cw~d by th~ li~n of thi~
narlp~pw
6. ?}wt. tn tM wNM of a~ry b~+ach of thb Mort~+p~ w d~fautt on tM put of th~ AAORTGAG01~'u (b) in the wa+t any of s+id wmt of enon~y
h.r.in nf~.d ~o bs na p~anp~h .nd fi,1y pa~d within rh~.~y Cd0) d.ys nex~ ~he. ~M sam. ww.ai~y bacan. du. and par.W.. wi~hout d~n~nd w notia.
o~ (d h tM ewnt sach and ~wry tM stipu~ations. ~9~NmNas. oonditaro aad cov~nts of aad promiaory not~ aod th~s matpp~ uryr or ~itFwr an nW
~Y• P?a^PMY and fii1N p~rfa?+rwd. d;schup~d, ~xecv»d. ~ff~cted comPkted, canpli~d with w?d ~bided d1?, thM in eithK a any wd~ ewM th~ aaid a~
pnyste wm mentia~ad in s+id promisso~y non then nm~ininp unpaid. with inte?at accnrod, and ail moa~ys s~cured Mr~bY. ~11 beoonr dw aed M1?~
abl~ for?hwith. u NN*e+fter. ~t th~ option of said MORTGAGfE, as fully and complttsly a S ap of i6. :ak1 wms of maKy vwr~ wipirnllr stipulated
ro bs paid on s~ch d~y, anpthiap in said promasory noM or in tNs Mortpspe to the contrary iw~withstu+dinpj ~nd ther~upon a N~ere~h~ at tM option of
wid MORTGAGEE, without notin or demand, wit at law or ln puity, tMr~fon a ther~a8er t~un, m~y be prosetuted u if ~II moneys s~wr~d Mrtby
h+d rnawred prio. ro its lro~it„Non.
7. Th~t in tM went rh.t •t rM beyiminq of « at s~ryr tien~ pw~dinp sny wit upo~ this Mo.tyape. « w for~clw~ it, or to ntonn H, or to ~niwa
paymsnt of a~+y daims Mrwnder, s~id MORTGAGEE shrll ~pply to the Covn Mviny jwisdictan thereof fw th~ appointmMt of a R~ceive~. wd~ Cowt shaU
to~rthwltM ~ppoint a roceiver of said mwtyaQ~d property ap and sinpvlar, indudug all aed sinyula~ tFN incane. profits, isswt ~nd rew~wes hom whahvK
~owa dKived, each a~d every of wh'ich, it beinp ~xpressly ~nderatood, is Mreby morty~ged a if sp~cificaly set forrh and davibed in tlN ~?aet s~+d
h+bendum dauses Mreof. and suc~ Rewiwr sh~Il Iww ~II the broad and effectiw (vnctiom and powe~s in anywise ent~vusd ~
by a Court to • R~uiva, and
wd+ +pPotntment shsll be m+d~ by wch Cowt as an admined equity and a m~ner of ~bwlwe right ro aid MORTGAGEE. ~nd witlww ~~ference w th~
adequacy a M?~deqwcy of tM valw of ths propKry mort~aped or ro the son,ency or ;nsolvency of said N~ORTGAGOR or the defend.~n, ~nd tlut such
~t. profits. iutra and roYenws sh~p be appli~d by wd~ R~oeiver ~ocordin~ to tM lieo or ~qviry of s~id MORTGAGEE ~rd th~ practic~ of such
s. To d„ty. ~?o~rN «,a ~,~b w.~o~?~. a~~+ro.. .x«w., e~e~r, ow~~e+e, eo~pN w~th and sb~de by each and ~wry th~ stipuiatto~a, ayra~ments.
cond'niom «d oovenann in said promiko~ry nor~ aai rha mwt~ap. see fonh.
9 7hat in tlie eve++t the ownrrship of tM mort~+Qed Premis~s. w u~y pwt tl~eof, becanes vested lo a pason othsr th~n tM MORTGAGOR, tM
MORTGAGEE, ita waessors and auig% m~Y. w;thow not;ce to tM MORTGAOR, deal with such waestor w successw in intuest with r~ieranoe b this
matyqe and tFa debt her~by secured 'a~ tM s~ms mamer ~s vvith Mortyagw without in ~ny way visiatiny a dischsrpinp ths Mortga~ors• li~bilily I~en-
: under or upon tM debt hereby secured. No ak of the premises hereby mort~ap~d and no fwbearanoe on tM pah of th~ MORiGAGEE or its wcassws
w~asigro sr~d no extension of the time for th~ paym~nt of th~ deM he.eby :ecwed piven by the M4RTGAGEf or in wcoessors or ass;pns, ahaU op~rat~
~ ro releast d'iidwrye, moeliiy chanp~ a~ffect the wiyinal liability of the MORTGAGOR herein, ~~tha ~ whole or tn put.
10. It b specificslly agned that time h of ths essence of this cont~~ct ~nd that no w~iw~ of any obliyation herew~der or ort fhs oblip~fion M-
ewed Mr~by shall at a~y time thereafls~ be held ro bs ~ waiver of the terma hereof or of the imtnxnent ~ec~red herby.
; In addition to the fwego'ng monthly paymenq of princ:pal and interest required by the promissory note secured herebY, rnort~ +
~ and agrces to p ee with each ma?thlY payment ~n iddttionsl sum est~mated by mortyayee to be eqval to 1 1
t ~4 . ' • •
a es ' • :
~ A-All real property taxes levied or assessed ags~ destri ate. s •
~ B-Premiums on fire snd windstqm inwnnoe as herein he improvsmenb situats on the abov~'~
,deser~ibeJ~pein~s. :
C-Premiwr?s on wd~ mort9age 9wran ~s mortg~gs~ shall from tune ro time on tfia lo~i~ .~ty~da~ lweby;
Mwtgsgee shsll from ti ~?1 noliiy mwtgs9or in writing of the amount due ~~d p~y~bk here~nder and s • t~, • be dw ~id
payabb oe~ the du the next monthty payment and ~ach wooessive mw~th Nxre~her until
amount. s~wns shall be applied by mwtyapee towud the ^1Of?p+~e~ shall notif~c of •
p~yment of rea) property taxes, insursnce premi~xns, a~d ~prty~ps ~uaranfy ~
~wro' _ „ _
IN WITNESS VYHEREOF, the said 1{60RTGA ~e~Q l~is ~+nd and sea) fhe day ard f aforesai~ : r'=-..~n.
sip.»d sNka ,r~d a~I;,rerea in ~r» pa~o~~~i ~CO~(BED ~ K NSTR • .~i~T(~Y :
E COUNT Y. F L d: B y ~
RE"C~RO VERIFtED - 21y a21, •r~~t r'::
1
~?'~~'~li~'`7 ~
' (~l~R 27 PM !2 : 48 ~
~ ~~.p~ _
C` ~tOvER. ~ t ' , LUCIE
; STATE OF FLORIDA ERK~I~~~~J~i
j _ .
i HEREBY CERTIFY, That on this ~G ~ day of i~'Iarch A.D. 19 69
before me personally appeared Kelly Hall ~ ' ,
~t President ~c ~
, of
_ Keil~Con_ctr~ct?on Co~n,~nV , a Florida
Corporation, to me
; known to be the person~ described in and who executed the foregoing instrument, and aa~wa}iy acknowledged the exe-
# cution thereof to be il~ free ad and deed as such officer~ for the uses and pursoses therein mentioned; and that ~fhe~
affixed thereto the official seal of said oorporation, and tl~e~ sii~ in~ttrument is the ad and deed ot said wrporation.
~ Z ca.:.r'.
WITNESS m hand and official seal at Fort Pie~ce ~
Y ' • ` said oc~~^+;~ sfate.
.~r
~
:.t. r .
'~•~~•i ~ti
,-'v . . -
: ot ,Ijc; in d for State and County aforesaid.
= This lnst?ument Prepared By '~`i ; Y~a~~ion;Facpires: ,e~e~ L, /f
First Federal Savings d~ loan Association ; ,~',p ~ ~ ,
' of Fort Pierae : y : ~ J 4 - ..o1.:Y :,.~.c~ o~ ~N = . . : ;4
;,r L;.~ 4..: t~4~ t~n~ssion E~;,a A~a. 6, ~9n
` ' ~.~w~~.1..~.ar.s~pctr
` G1eClced By Johi2 W. Cnllins '~~~VQQ•.Sst.S,~
j -
i
~ R . .ry i . .
= ; ~ BOOK ~ ~ P~CE~~ ~ ~p
f : . ~
$ et'~',~~~~~.~ -
s ' c . ' '
~ ~t'~`--fi+„'-`,+aC.c~` r^ _ `s" { ~~-ri.
+~a n T ,t
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