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To plac~ and contt~xwusly kwp on tM bulldffl0f IIOW Of M~NNK ~I1W1~ OI1 NI~I 1~11iI MNI Of1 iII !qtliprtNllt M1d afiOrl~Ily OOVHld by thl~ llWft¢
ap~. with ~11 premiwrr tMrwn p~td in fvll, fih iruu~~na in th~ uswt ~undard polky fam. in a sum ~pprovsd by tht MORTG~GE~R
W?GE~t~Y
trawMa h tM usw) ~anda.d poliey fam, in • swa approwd by tM MORTGAGEE. M+ wch canP+^Y a aPiTP+^~
dind~ ~nd ~II fin and wtnd~am lmwu~a policiN on any Of NW b11Udi~Q~r N1y If1fMh1 1FN~fi11 O? pi?1 N~ltM~, ie tM ap~re~~~~ swn ~fa~~+td a
In ~xna tl+~nof, aMlt oontdn tM wwl itandard mo~t9s~ dauw a tuch othK clau~ a tM MortyapN may ~pvin. m+kG+p tM loss unde~ ~aid Pol}
cies, txh aid ~very. p~Ya~ m~~ ~RTCsAGEE as ib inhrqf m~y ~ppN?. u~d Nth and ~vny t~ch policy ahall b~ pranptly ut:yrnd and d~liwt~d to
~ny h~ld by u1d MORTGAGEE a funikr ~eturity to s~id mo?ty+p~ d~bt, and, not bs~ th~n tM 1101 days in adv+nc~ of ~h~ ixpiration of e~ch policy. ro dr
IivN ro ~afd MORTGAGEE • ren~w~l therwf. topHhK with a naipt fw tM pnmi~m oi wch r~newalj and tha~ sMll b~ no fK~ w winditorm inwwna
plapd an My of said bvildinps, ~riy ietKat tMnin o~ put tMrwf, w~l~ss in tM iotm and with 1M loss p~y~bi~ a~faes~ldt aod ln tM eveM any wm
oi moMy becane~ p+y+bb un~~ wd~ policy or po~ici~s ~+id MORTGAGEE shall Mw tM opYan to ~eceiw and ~pply tM ~ on +cca+nt of ~M ind~btd'
rnss sKyrid 7x«by or to pKmlt wid MORTG/1GOR5 ro nt+~iw and us~ It or ~ny p~rt thtteof fw othcr purpos~s, without therob~ waivi~q a imp+lti
irq anr puity. IiM a ripht ~ndK ot by virtw of this mottpspet Md in tM ~vtnt wid AI10RT('sNGORS sMll fa any naw~ f~il to k~ap tM said pr~enises so
inwr~d a fatl to ds1lvK panptly ~ny of saW polides of inswana to ssid MORTGAGEE, or fail promptly to paY fvlly ~ny pranium ther~fw a in ~ny
r•ip~tt fail ro paforin, disch+r~. •xKUfR. .ffKt, oompl•t•. oomply wirh and abid~ by tNa tov~n+nt. a any p~rt Mnof. s~id MORTGAGEE m+y plao~ snd
p~y fw sud~ Inswar~ ot ~ny part tMnof withow w~ivinp w~ff~ctlnp ~ny option, li~n, puity, w ripht under a by virtw of this Morfpape, and tM
full amwet of ~ath and wery wch WYmMt slwll b~ imrt~di~tdy dw +nd py~bl~ and sh~ll bear inttrest from ths dat~ tMrwf until p~id ~t tl+~ wt~ ol
nins per antum pK ~nnum and topNl~ with such intaest ~II b~ secured by tFw lIN+ of this mort~spe.
I. To p~nnit, oommH ar wffa no wa», knpaimknt o~ d~tKioration of saW prop~~ty or +ntr p+H tMreof.
S. To pay all and sLqutar th~ eosts, ch~p~t ~nd ~xp~nse~. includinp • na~a+abb attomey'~ fe~ ~nd aosts of ~bstracts of titl~, incuned a p+id at
sny time bp s+id MORTGAGEE, b~caua~ ar in ths ewnt of th~ failun on tM p~rt of tM s~ld MORTGAGOR ~o duly, promptlY ~nd fvlly perfonn, d~sdwroa
execvt~. ~ffM. aompltq, comP~Y with and ~~de bp ~~ch and ~wry th~ stipulations, ~p~e+mems. conditiom. and cownaob of said promissory not~ and this
mortp+pe +~Y o? ~itha, and said costs. d~arya and ~xp~ns~s, sach and ~vay, sh+tl b~ imnediately dw and payaWs: whefher a not ther~ b~ eatiu d?
nund, att~mpt ro coll~ct or wn p~nd'mpt s~+d tM full anwuet of suh ~nd we?y svch WYment ~I»II bear intareit fran tF~e dat~ therwf vntil p~id ~t tl+~
rate of nin~ pe~ centum per annum; ~nd all said oosts, thu~s and expMSes inn+rnd or paid, topether with wch interest, sh+ll b~ secutsd by tM lia? of th4
^artp+~.
6, TMt ln th~ wMt of ~ny b?~ad~ of thb lNortqa~ or defwlt on tFr put of ths ~NORTGAGOR, a(b) in tM ~vent any of fatd wem of money
he?ein nfar~d to b. ~o~ ~o.~ny s~d ~,iy P.~d withln thirry (30) days oext afier the same seve*ally becoms dw ~nd payabl~. withovt dem~nd a noPw~.
w(~ in tl+e event each ud every th~ sHpulatio~a, ayrNn?snn, conditions and cownann of ~aid prom'~aory nots and this morf~e ~ny w sitiwr u~ ~wl
iuly, promptly a~d fully perform~d, d~sch~rged, exewted, effscted, compl~t~d, complied with ~nd sbided by, tlwn in ~itM? w any wch ~wM tM aid ap~
yregat~ wm mentaned in s~id p?omiuay ~ot~ then ram~ininp unpaid, with intaest ituued, and all makys set~red hereby. shall betam dw and pay-
able fwthwith, Of tI1KNftN, at tFM option of ssid MORTGAGEE, u fully snd comptetely u if all of the said wms of nwney were oripin~lly stiputated
to be p~id on svch daY. anythirg in said promissory rwle or in this Mort~ape to the contrary notwithstsndinp; and thereupon w there~her ~t tM option of
said MORTGAGEE, witFaw notioe w damand, auit ~t law or in squity, thersfwe ar tFweafte~ begun, m+Y be pros~cvtad u if all mo~eys s~cwd hertby
had mihxed prio. ro in insr~tutan. '
7. That in th~ event that at the beginnirg of or ~t any tirtK pend'w+y sey wit upon thist Mortg~ge, or to foncloae h, or to mform it. or to ~nfora
paym~nt of ~ny da'xns hereunde?, s~id MORT,~-aAGEE shall apply ro the CouN hsving jwisd~cian thereof ta the appointment of a Receiver. wch Court ~SII
fathwith appoint a recciva of said mwty~ad properhr ~II ~nd sirgular, indud~ny atl and sinpular tM income, profib. issues and revenues from what~wr
sourn derived. exh and every of which, it being ~xpreuly understood. is hereby mwtgaped u if specifically set fwth and dewibed in the pranYug and
habendum dawes hereof, snd such Reoeiver shall h~ve ~II tM brwd and effectiw funct~aa and powen in anywise e+?trusted by ~ Cou~t to a Receiver, and
auch sppointment sh~l1 be mad~ by such Court u an admitted equity aod a m~na of absolute rght to said MORTGAGEE, and without referer?ce to tM
adeq~~cy or insdeqwq of the wlua of the properry mortg+~ed or to the sohre++cy or insolvency of s~id MORTGAGOR or the dcfendants, ~nd th~t s~ch
ren+s, profin, income, issuss and mvenues sh~ll b~ spplied by such Receiver ~ccordiny to tF~e lien or puity of said 1NORTGAGEE and the practice of such
Cou~t. ~
8. To d~ly. promptly snd fully perform, d~scharge, execute, effect, complete, oomplY with and ~bide by each +nd ewry tM stipubYans, ~greemenb.
condiYam uKi covenaots in said promistory nots and this mortyag~ set forth.
9. That in the event the ownenhip of the mortgayed premaes. or sny part thercof, becomes vested in a person other th~n the MORTGAGOR, th~
MORTGAGEE, its successors snd usigns, maY. without notice to tl+e AhORTGAOR, desl with such successor a wccessw in imeresl with refinence ro this
mortgape and the debt hereby secvred in the same manner as with Alb.tgsgw without in any way vitiatug a disthar~inp tM Mortyegors' Il~bility Mra
under w upon the debt hereby secured. No ssls of the premises hcreby mortgsped ~nd eo fwbearence on Ihe paA ot the MORTGAGEE or its suaessors
or sugra and no extension of the time ~a the paymem of the debt hereby secured yiven by the MORTGAGEE or in s~cceuws w assiyns, shall opaat~
ro release, dixMrye, modify cha~pe a ~ffact 1M wig'uul 1'~ability of the N10RTGAGOR hereio, ~ithe~ in whole w in psrt.
. • 10. It b spccifically agraed that time is of the eaerxe of this contnct and that no waiver of any ob4+gaYan hernrnder or of the oblipatioo ss-
cured Mr~by aMll at ~ny tkne thereaher be held to be i wsiver of the terms hereof or of the instr~ment secured herby.
~tion to the faego:ng monthly payments of prirx:pal aod inte?est required by the prom'issory nole secured lxreby, mortgsgor
and agrees to pay ro ' h e+ch monthly payment an additional sum estimared by mwtgsgee ro be equal ro 1/12 of t fo~low-
ing:
A-All real property tsxes kvied a assessed against t ibed r . - _
B-Premiums on fire and windstorm inwrsnoe as herein r tsrn imp?ovemen» situate on the above deuribed premises.
C-Premiums on wch mort9sge 9uuanty i as mortgsgee shall irom time to time deem on the ban secvred hereby.
! Mort9agee shall from time notiiy mwfgagor in writ~rg of the amount due and payable here~nder a~d hall thereupon be due ~nd
~ payabk on the due da next monthly payment and each successive month thereaher unril mortgsgee shall notify mortg change in wch
E amoum. II be spplied by mortgagee towsrd the p~yment of real property taxes, insurance pr :wm, a mortg guarao ance
pr . '
IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and fint ~fw id ~
Sipned„ Seslbd ~nd delivered in th~ presence of:
~ e g . s ong n
~ _ _ .D
i n
- s..~
.
STATE OF FWAiBA/V~W YI~ ~
~6eTr-~~~ ~ ~
courm oF -
eet«e n,. P.rwnauy +ppe.red Georae P. Armstrona ,na
Mav R. Armstron9 his w~i~, to me we~~ krwwn and krwwn ro me to b.
the individwb ds:uibsd in and who e:ecuted ths fwepoinp iratrument, and aclu+owledyed before rn~ that they executed the same for tFw pwposes
the,ey, .,~p,K,.d, A„d H,. ,,;d 1?iav R. ArmStrOriQ
w~re of ~ti. ..~a Geor9e P. Armstron9 ~...p...~..~d ~.a
exsmin~Yan by me taken sep~rate ~nd apsA from her seid husband, aduawledped to +nd befors me thst shs exeated s~id irotrument fre~ly a~d volw~-
rarily and without ar?y campulsion, oonstraint. ~pprel~e+nio~, a fear of or from her s~td Iwsband. ~
WITNE55 my M~d ~nd official ~eal thi• day of A ril A. 0. 19 69
~
~ ~
F~~Ed H~l~ RECORGED
~ ' c; L~~ C 1 E i, {J U~=T Notsry Public in ~nd ior the St~t~ of NSW YO RK
v ~ • ` ! I ' M ! ^ _ MY COIMMilIOfl l7lplflfi ~ ~ 3e ~ _'~!A O ^ ~
RltNffl TO: : t~<1 iA~ `_t - ,l'.'r,'-
Firs? f~ril $avirgf i losn AtiOCiat'wn ( 1~*~~ ;~.~;r' xr
Of Fort Pierte. 1• ~f~ M.~A~~~t y~ :
FO~t PierCe. Florids s i T`•~ 2 y ~ ~ i~ ' ~lObrll Prblk'~ 11O~Of Ypl~ _
• ~ i= Ouoafied M Co~ CO~ ~O.' 17 ~ C
My caa~tui~n 6cpR~s~~ • C• ;
i~i.J . n . . :,.~c
This Instrument Prepared By L~R•:'C ~C~31T COURT ;.r--- '
First Federal Savings d~ Loan Association~ = K 4~ ~
~ of Fort Pierce >::'-%=:r~
_ .
Chedced By J. Chastain . .
.
~ eooK P~c~29~$ -
~ ~ - - - r~
t4~.e - . _ _
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