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To pl~a and conHnuously kNp on tM buildi~g~ now a Mr~aftN ~itwh on saW land ~nd on ~It pu3prewet and p~+9on+lly oovK~d b1? 1~ ~V~
p~, with ~q pr«nw~m tMrea? pa~d in f~ll. M teuwu~u in th~ usua) surdard policy form, in • wm ~pprowd by tM MORiGAGEE. and wi~dttonn
insw~ b th~ usw) s~anda.d pol~cy form, in a tiwn ~PProv~d by rM MORTGAGEE. in svch cnmP+^Y a co^~p+^its ~ N~t MORTGAGEE n~+y
dinctt and NI fir~ and wiewl~twe~ M?wrana policia on ~ny of said buiWteq~„ ~ny i~utrvat tFnrein a pa.t tM.wf, 1~ d~ apprpat~ wrn ~faNaW a
in ~xaa Mtrwf. sh~ll cont~in th~ uswl aw?dard mortpapN clavs~ w sucF~ ahK claw~ a tM Mortp+~~ may nqu+n~. makkp tM bss w+da Nid poli~
ci~a. ~ad~ ~nd ~vKri WY+bI~ w iaid MORTGAGEE ss i1a iet~resf mar app~ar. arrl wch ~nd ~vay s~ch poucY sh+ll b~ promptty ass:pn~d aed d~livered ro
+nv hsld b1r ~aW MORTGAGEE as fvrther secvrity to s+id mor~ysy~ dsbt. u~d. not I~ss d?ie ten (10) d~ys in edva~+n of tl+~ ~xpiration of ~acl~ PolicY. fo d?
liwr b ~aid MORTGAGEE • rer?ew~l iMrwf. toptthu with a receipt fw tM premium of suth ~en~w~lp ad ther~ aMll b~ no fin ot windstwm Insuru~t~
plapd p~ any of s~id b~ildinps, any intaes~ thaein w put tharwf, uniess in ths fwm ad wi~h tM losf payabl~ ~s aforei+id~ and in tht ewM any sun~
of mo~y bec,om~s p~YaW~ wwbr wch policy or policl~s ~aid MORTGAGEE shall Mw th~ option ro raceiw and ~pply tM wn~ on auovnt of tM ind~bted~
ness stcw~d ha~by a a pe~mit said MORTGAGORS w roaiw ~nd ~ne it a sny pa.t thereoi lor othe~ purposet, without thareb~ waivi~q a imp+ir•
inp anY p~ity. l;an or riyht undsr or by virtvs of this monp+p~: K+d in t}N ~vem said AAORTGAGORS sl++ll fa ~ny nawn fail to ke~p tM s~id pranisa so
inwr~d, or faq b d~live~ pramptly anr of s~id policies of i~swsnc~ ro said MORTGAGEE, o? fail promptly to p~y fully any prsmiwn the~~fa a in ~ny
r~sp~et fail ~o pKfam, dixhuye. execvfe. ~ff~N. complNe. comply with and abids by thq oov~un~, a any part h~r~of, ssM MORiGAGEE m~y plao~ and
WY fw avch inaxanct w u?y part thereof without waFvinp or ~ffw.kg ++~Y aPtion. ~i~n. e9vity, w right uedK w by virfu~ of this Nb.t~ap~. and tM
full amaMl of tath and tv~ry uKh payme~t shail be imnediafely dw sod psyable and shall beu infe~est from t1N date thereof un~il paW ~t tM rat~ ol
n;ne pa w?tum per ~nnum and topether with such intc~est sh~li b~ secvred by th~ tis~ of this matpa~e. •
4. To parmit, canmit w wffK no wut~, imp~i~mero w dete?iwation of said prop~rry o~ ~~y p~?1 thereof.
S. To p~y ~II u~d sinpul~r tiN cwts, charyes a~d ~apenses, includinp • reaso~abb attorn~y's fee and coab of ab~hacts of title. incwred w p+id at
~ny tieew by s+id N10RiGAGEE. b~cavse or in ihe twnt of the fsilure on ths psrt of ~he s~id MORTGAGOR ro duty, promptly snd fully perforn~, d~sc!»r~
~xecut~, ~ffep. compkt~. comph with and ab~da by each and every the stipulatwns. +~reement~, ca~ditions, and cownants of said promissory nW~ and tAp
mortpap~ any or either. and said eosts, chupes and expaiues. each ~nd every. shsll b~ inunediately dus a~d p~yabk: whethe~ ar not thet~ M notiu dr
mand, attert~t to eolkct a suit p~ndinp; ~~d tM full snwvM of each and ~!erY svch payment sh~ll bea. inte~est fran the daM th~rsof until p~id ~1 the
rate of nine p~r centum per annum; and all said oosK, thuyes a~d expenses Mt~rrad w p+id, topether with such inter~st. shatl be setwed bp tl+~ liwn of tha
~q~
b. TIMt (a) in the event of any breach of this Mwtysge or de(ault on tM part of the MORTGAGQR, w(b) in tM event arryr of s~id wm~ of nw+~ty
herein r~fa~ed to be not prompfly and fully paid within ~h~.ry (30) day: nex~ sfre. ~he same sere.auy become dw and payable. wi~how dsm~nd or eotke,
or (cj tn tM e~em each ~nd every tM stipvlatioro, sg~eements, conditions and coven+nn oi said promiswry note and th~s morlp~ ar?y a ather ~n nol
iuly, promptly and fully performed, d~scMrged. ~xecuted. ~ffected. oompleted, complied with and sbided by, then i~ eithsr or u~y s~ch ew++t ti~ said ~
gregat~ wen mentaned in said promiuoty note then remainirg unpaid_ with inserest atuued, and all moneys setvred hetebY. sh+ll betwet dw a~d p~y~
able fwthwith„ a theresftcr, at the optwn ot said MORTGAGEE. ~s f~lly ~nd completsly u if all of tfie ssid wms of mo~ey were «ginally stipul~~ed
~o be p~;d on svch day, any~h~~,g in sa7d p?om~uory oore a i~ this Mortyage to tl+e contrary no~wi~hsisnd~ng: and thereupot? p thereaher a1 ths opYan of
said MORTGAGEE, withoul ~+otice or demaod, wit at law o~ in equity, therefwe w thereafur begw+, may be prosccuted as if all moneys s~cu~ed MrebY
had enawred pria to in ir?sritution.
7. TMt in tl» event that st ths beginning of or at ~ny time neodiog sny wit upon this Mortgage, w ro foreclose it, a to reform it, a to tnfora
paymenf of a~y claims hereunder, said MORTGAGEE shall spply to the Court havi~g jurisdiction lhereof ~or the appointmeM of ~ Qeceiver. wd~ Court sMll
fwthwith sppam a receive~ of ssid mortg+9ed property all and sirg~lar, includ~ng all and iinyulx the income, profiu, issues and revenues trom whabv~?
sovrp de?ived, eath and every of which, it btirg expreuly ~nderstood, is hereby mortgaged u if specific~Ily set fwtfi snd dexribed in ihs yrantinp and
habendum clsuses hereof, and such Receiver shall have all the broad and effective f~ncnons a~d powers in aoywise enuuited by a Cou?f to ~ Receiv~r, ~nd
wch appointment shalt be made by such Coun as an admined equity a~nd a rr~tter of absolute r'qht to said MORTGAGEE, snd wifhout rsferente ro tM
adequxy w inadequacy of ths wlus of the property mortgaged w to the sotvency w inwlve~cy of said MORTGAGOR or the de(enda~ts, and that s~xh
rents, profits, income, iuues ~nd revenues ihall be applied by such Receive? ~ccordinp to the lien o~ equiry ~f said MORTGAGEE ar~d the practice of such
Court.
6. To duly, p?omptly and fully perform, d~scharge, execute, effect, compkte, tomply wi~h and abide by each uK! every the stipulations, sg~sements,
, condiYans and covenants in said p?omiuory note and this mortgage set fwth.
9. That in the event tha ownersh~p of the mortgaged premises, or ~ny put tF+ereof, becomes vested In a person other than the MORTCsAGOR, th~
MORTGAGEE, its successas and assigni, may, withovt notice ro the MORTGAOR, deal with such succeuw w successw L? interesl with refennte ro rhis
mwtg~ge and the debt hereby secured in the sun~ rrWnner u with Mortgagw without in any way vitiatir?9 a dischsrging the Mwty~gws' li~bility htrt
under or upon the debt hereby secured. No wte of the premixs hereby mortgaged and oo forbea~ance on the part of ths MORTGAGEE w its successws
or assgns and ra extensar? of the time fw the payment of the debt hereby secured given by the MORTGAGE' or its wcuuors w sssigns, sh+ll oparat~
to rekase, dixharpe, modify change a afiect the originsl liability of the MORTGAGOR herein, either in whok or in part.
10. It is tpet~fically agreed that time is of the cucnce of this tontratt and that no waiver of sny obligation here~nder or of th~ obliyation se-
cured hasby sh~ll at aoy time thereaher ba held to be a waiver of the tarms hereof w of the instrument secured herby.
11. In add+tion to the fo?ego:ng monthly payments of print:pal and interest required by the promissory note setured hereby, mortgagor coven~nh
and agrees to pay to mortgagee with each monthly payment an additional sum estimsted by mortgsgee to be eqval to 1 f 12 oi the annual cost of the follow-
A-All real propert~e taxes levied or assessed agai~st the above dexribed real estate.
B-Premiums o~ iire anc windstorm inswance as herein reqvired to be tarried on the improvements situite on the above desaibed p?emise3.
C-Premiums on svch mortgage gua?anty insurance as mortgsgee shall from time to time deem fit to carry on the loan setured hereby.
j Mortgagee shail from time ro time notify mor~gagw i~ writing of the amount due and paysble hereunder and such wm sFwll therevpon be d~e and
payable on the due date of the next monthty payment and each succeuive month thereaher ur.til mortgagee shall notify mortgagor of a cMnge in wch
; amo~M. Such sums sF~all be appfied by mwtgagee toward tFx payment of real property taxes, insurance prem:ums, and mortgage gwranty inwr~nce
I premiurns.
i IN WITNESS WHEREOF, the said MORTGAGOR has hereunto tet his hand and seal the day and year fint sforos+id.
~ Sgn d, S~sled and eliv in the presence of:
( ~~I~i ~ ~Nn
. • n
n
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STATE OF FLORIDA ~
ST. UJCIB u- '
couNTr oF
~f~ ~~~~~y ~ Le~ris J. Clements
f~elen A. ~
Cle~ents ~w w~te, rc me weu known .na k?wv~n, w R,. ro b.
the i~dividwb dewib~d in and who exacuted ths for trwnenL e~n before me that they executed the sartN for the pwpos~s
rF+erein e~cpresscd. Md th~ said ~~~en N.~~~
w~r. oi rt» aid Lewis J. C1e~Qnts _ P,~,,,.
ex+minatia~ by me taken separate ~nd apart from her said husband, acknowl~eclged to +nd before me that she executed said instwrt~ent h~slp and volw?-
tarily and w~thovt any compulsion, constraint, apqehensan~, feu of or from her said husband. j
WITNESS my hand a~d official seal th~: ~~.Z.h d~y ~y Ii. D. 19 69 t
ary Public fn and fw th~ State d Florida at larpe
- My Commissan ~:Qiress
Rewrn Ta , ,``~~N ri` .
~Ktirtli . ~
~ Firq Fd~ral Sa i lo~n Aswci+tioe t ' '1 ~ ~ ~ ~ ~
~t PilfCl. ~ . ~ii
or ~ ~..~w a. a c..+r c.. +
Fo.t via.oe. F~o.id. ~ ~
= ~
' ~ ~ = fIl.EO ANO RECOK F~
- . ~ : 3T. lUC1E COUN'rf.
- `J RF.CORO VERIFIEO
This tnstrument Prepared By ~
~ ~ ~ ; ~ ~ Q
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: r7r~~~~
First Federal Savings b loan Association ; ~ w
of Fon Pierce . ' q ~ I' ~ ' Y
John W. Collins
ehecked By
ROGER P4i ag
C~ERK CIRCUIT COURt':
~ Cl ~o~~'~ a~r~~~
_ ~ _ ~ ~..~-ti: