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3. To plaa and contln~ously ke~p on tM buildinps now a Mr~+h~r attuats oe saW land ~~+d on ~II p~,ipma+t and parson~lly cov~r~d by this ~na~¢
p~, with all pr~enivms tF~eon p~~d in fvll, fin insu~u+o~ in tM usual iNndard policy fam. in •:um apRrowd bY th~ MORTGAGEE. ~nd wi+Kbtarm
in~w~nc~ in ths vtwl stu+dard poIKY fo?m. fn • sum approwd b1? the MORiGAGEE. in such tompa~Y ot aomP+~s ~t th~ -lMORTGA(iEE m~y
dinttt snd ~II fU~ and windsa~n imwana~ poiici~s on ~ny of ~+id b~ildiny~. ~ny inMnst the«in w paA thartof, in Nw pprp+~~ wn? afae~aid w
In ~xuss therwf, ~h+ll contak~ tM usual s~~ndard ma~~apN d+us~ a ivch otha cfaw~ ~s tM MatpapM m+Y roqu'ua R?+kinp th~ loss undN uid po1E
cia. ~sch and ~very, paYsbb ro said MORTGAGEE a its intKest rn~y app~ar. ~nd eac1+ and ~wry a+d~ Policy ~Fuif b~ pranptly ass:yrnd and delivered ro
~nr held by said MORTGAGEE u fwthtt seturii~ to asid mortqay~ dtbt. +nd. eat Ns+ than rsn p0) days ie .dv+nu of tM ~xp~~ation of ~ach policy. to da
liva to ~aid MORTGAGEE a nn~w~l tl~~of, top~thu wifh a nuipt fw tM premiwn df s~ch ~K?ewal; u+d then ahatl b~ ~o f'u~ a winditorm inw~u~c~
pl~ad on ~e?y of ssid buiWiigs, ~ny interat tMr~ie a put tM?eof, w+t~as in tl» form and with 1M loss pay~bl~ a ~fweiaMt +~d ti+e ewM ~ny wn~
of naney becan~s paY~bie und~r wch po1kY a.-~olici~s ~aid MORTGAGEE sh~ll h~w ths opt~on to rooeive and apply ths sams on account of the ind~bted~
nea sscur~d hereby a w permit s~id MORTGAGORS ro naeiw u~d ua it w~ny Part thereof iw other purposts, withovt thaeb~ waivi~~ w impair-
inp ~nY puiry, I'hn or ri~ht w+der or by virtw of ihis mortpa~t ~nd in tM ~wnt s+id /KORTGAGORS sAsll fw any ~tawe fail to ke~p th~ uid prtmiies so
insured, or fall b delivu promptly any of said policl~s of inswu+o~ 1o sa+d MORTG/1GEE, « fa~i Pro~~h a P+r f~+iy any pr~mium therefor or in anr
rnp~c? fail b pe~fam. dischupe. ucecut~. d'~ct. eomph?~. oomplY with and abid~ by this coveo+nt, a any put haeof. ssid IMORTGAGEE m~y plaa and
paY for wch inwranc~ or any pKt th~rwf withoW w~hinp or ~ff~ctinp ~ny optiay lien, squity. or ipht und~r o+ by vlrtw of this Mat~ape. ~nd tM
fult amouot of ~ad~ and ~wry wch p~ym~nt sh~ll b~ immediatdy dw aod payabN and shall beu intHest from th~ da» thereof ~til paW ~t th~ ~ar~ ol
nin~ psr ca+tvm pa anrK?m and topethe~ with wcA intaest sh~tl be secured by th~ lia~ of this mort~~yt-
I. To permit, oanmit ar wffer eo wuf~. knpalrment a dete?iw~tion of said propt~ty or uW part thawf.
S. To pay all ~nd sinpular th~ cosri, cMrp~a aed ixPN+s~+. i^dudirg a?e+sonabl~ ~tt°r^ey's fe~ snd costs of abshacts of title. ie~ain~d o~ pud +t
s~y t~me by aaid MORTGAGEE, becavse or in the svent nf the failwe on tM part of tM s+id MORTGAGOR w duly. pranptly ~~d fully parforen, dixh~ryR
execwe, ~ffect. compkt~, comply with and ab'~ by sad+ +nd every tl~e stipulations, ~greaments. ea+ditio+u. and coven+MS of said promissory note and this
mortyape ~ny or either. and said cosn. chupes and expeiaes, each uwi way, shall b~ immediatety dw ~nd p~yablr, wF?e~her or rwt the.e be notio~ dr
mand, anempt to oolkct or suit pendi~p: and M» fui~ anww~t of ~acA and wery s~ch psymeM shall bea? interest hom the date t~eof ~n+dl p~id ~t the
rate of niM pe~ ca+tvm per aiuwm; and all said oosts, chuyes ~nd exp~ews ina+rred or p~id, to~ether with wch interest, sl+all b~ s~cured by Ih~ lien of tha
mortp~.
6. Tfwt (a) in the ~wnt oi any breach of this Nlortyap~ w dafavlt on the part of ths MORTGAGOR, w(b) in the event any of s+~d sums of mon~y
herein nferr*d to be ~ot p~omptly and fully psid wit4M thirty (30) days next sfler th~ same sevaatly becoms due ~nd payable, withovl demu+d a notiu.
or (c) in tM event each +nd every tM stipulaticns, ~greeme~ts, conditions and coven~nts of said promiuory note ~nd th~s maty~e ~ny w tithsr an o01
iuly, promptly snd iully performed. discF~sr~ed, exccv~ed, ~ffected. oompwted, comptied with and abided by, tMn in atlwr or ~~y wch ~v~nt th~ said ap~
greg~M wm mentioned in s~id promisswy note t:r_~ r~iniry unp~id, with inte?est acuued, and all moneys seev~ed hereby, shall bacome dw and p+y~
abk forthwith, or thereafter. at th~ option of said MORTW?GEE, as fully ard compl~tely as if all of tl+e said wms of rrwney wem orginally stiput~ted
to be psid on wch daY, anythiny in ss~d p~anissory not~ or in this Mortpa9e to tM contrary notwithstandinp: and thereupon o? thereaha at tM option of
said MORTGAGEE, without notice a demand, s~ at law u in equity, tlw~fon or thereafter beg~n, maY be prosccvtad +3 if sll maays s~cured hereby
had matwed priw to its irqtitution.
7. TMt in tl+e event that at tM begiru+inp of or af any tim~ padirg sny wit upoe this Morty+ga, or to foreclos~ it, or to refam it, w to «?facr
paymer?t of ~ny cls'uns herwnder. s+id MORTGAGEE shsll apply ro the Cour1 hsving jurisdictan thereof for the +ppointment of ~ Receiver. wch CouN shall
fwthwith sppoint s rcceiver of wid mwt~aped pr~perty all and sugvlu, includ~ng all and singvlar the incarK, profits, iuuei and revenves from whatever
source derived, each and every of wFi~ch, it be.~.,~ e:pressly ve~derstood, is hercby mo?tyaged as if specifically aet forth ~nd describad In the 9~antirg aod
hsbendwn clauses heroof, snd svch Reoeiver shall lave all the bro+d and eifectiv~ functian and pawers in anywise entrusted by a Coun to a Receiver. ~nd
such appointment shall be rtude by wch Caxt as ~n ~dmitted equity aod a m+tter of sbsolute right to said MORTGAGEE, ud without reference io t1+s
adequscy or inadeqwcy of the wlue of the property mort9~ped or to the sohrency . o~' 'insolvency of s~id MORiGAGOR w the defendann, and that svch
renn, proiin, income, issues and revenues shall b~ applied by such Receiver accwdinp to ths lien w equity of said MORTGAGEE and the practict of :uch
CouA. _
8. To duly. promptly and fully perfwm, d'~xMrye, execute, effect, compkte, comply with u~d eaide dy~,W+d every the stipulatwrn„ apresrt~enb,
c~tior?s and coven+nts in said promissory note and thia mort~sge set fath. ~
9. Thaf in the event the ownenhip of tF~s mwtyased premises, or ~ny paA thereof, heopmes vlsted in s penon otl?e? th~n the MORTGAGOR, tM ;
MORTGAGEE, in succeuors +nd ass~gns, m+y, without notice to the MORTGAOR, deat with such s~cceuor a succes~ in intereit with ~efc?ence to this
matgage and the debt hereby sec~red in the same m~nner as with Mortgagor without in sny way vitiatirg w dixhargirg the Mertyagors' li~bility hera
unde~ or upon the debt Fxreby sea?red. No tale of the premixs hercby mortyaged and no fwbeannoe on-the pa?t of the MORTGAGEE or in waesson
or sugns and no exrension of tFK time fw the payment of the debt hereby secured yiven by the MORTGAGEf or iri sucussors w assiyns, shall oper~t~
to rtl~ase. dixlwrye, rnodify thange ot ~ffect the originsl liability of the MORTGAGOR Mrein, either in whole a in psrt.
10. It is spedfically ag~eed thst time is of the ess~nce of this co~?tract and that no w~iver of any oblgation hereunder or of tM obli~ation se-
cured hereby shall at any time theresfier be held to be ~ waiver of the terms hereof or of tlx instr~ment secured herby.
In addition to the forego:ng monthly payments of p~inc'pal and imerest required by t!x p~om~uory note secured hereb
and agrees to pay ee with each monthty payment an add~tionsl sum estimated by mortgagee to be equal to annual cost of ihe fdlow-
ing:
A-All real property taxes kvied o? assessed against ilxd r • , f
B-Premiums on fire and windstorm insurante as herein r urr' vements situale on the above described premises.
C-Premiums on such mwtgage gua?anty ' as mortgagee eha~l from time to time deem fit to ban secvred hereby. :
~ Mortgsgee shall from t~me nolify mortgagor in writing of tfie amou~t due and p~yabfe hereundar and such wm s u be dire ~nd
~ payable on the due d next monthly payment and each successive month there+fier until mortgsgee shsll notify mortgagor of a 'a.~Ch i
j amouot, ahall be applied by mortgagee toward the paymcnt of real property taxes, insurance prem:ums, and mortgage guannfy insurance
E •
E IN WITNESS WHEREOF, the said MORTGAGOR has FKreunto set his hand and sesl ihe day yesr f' t aforessid. ~
~ Sipned, Sealed and delivered in ths presenee of: ~
~ - ~
F ~ ~
~ ' r_L.q `
~
s
~ STATE OF FLORIDA , , i
St. Lucie ~
~ courmr oF
~ s.f«. m. ~.«~+uy .~.a.~d Hu9h R. Blankanbak~r, Sr. . .~d
~ Nellie L. Bli=1jC@TIbB~CfY ~ w;fe, to me well known and krawn to me to b~
the individwb dewibsd in and who execwed the faeyw~ instrumentj and acknowledpad beforo m~ that tFiey execu?ed the ums for t!» p~rrposes
~ rhe?ein exp?essed. And the si N~lllt L Biallk~Dbak~~C
~ wife of tM s~id H~b R• ~ t ~pon ~ s~p~tat~ and priv~t~
exsminstan by me taken sepante snd sp~n from her said Mnband, ~dcrwwl~dged to ~nd beforo m~ that sM exeaited said irotrument fr~tly and voluo-
~ rerily a~d withovt am compulsia+, cautraint, apprelier~s" or fear of or from her s~id husband.
^ WRNESS my Mnd and offici~l sesl this d~y of A. D. 19~4..
k?
. Norary Publ' n and w tl» St t~ of Fbrida at lu~ 1
~ , IY?Y Comm~ an •~cpires: . ~ - / f 7/ ~
~ Retum Ta . ; 't -
Flar Federa~ s~virqs a toan wuociation ~..••~~is~:~t~'r'~ Notary Pnbic. SLie of f{o~id~ ~t l~rp~
~ Of Fort P~erce. •.i.~1~~r"-~t+t• ~ (qy1~6S10A~~ 6 ~
~ , Po~t Pierce, Florida :~V`~.••~~••••, . W~~Cd~~~at~lle~ir
~ ,
~ ' :t:- o RECOaoEo
~
~ This Instrument Prepared By - p ~*~t'~ d - = - ' ~ F1 `VC
E ~pUN?YK~~•
~ First Federal Savings b loan Associstion ~l~z Q`~...,`:~=`- $~.P.FC~A V R1~.~0 ~
~ ' of Fort Pierce ' ~ % O ' - .~c ` 1?'~'~
~ • • ~!1 ~^•,~~~~~~~~~~;f .
?0 C rj ~ O
_ Checked By ~~hsrd tc ~~,ws ' ~ ~ ~Q
• ~ ~Yl:'~ii~11` n'~ `6 ~
~ ~ i E~v VV S
Y
~ ~OOII~~~ F1~ n`eG4R~Q{TR~S ~
~ ~ ' C1RCU11 COURt' ~Q-
~ fl~
, _ ~LERK ~
~ ~ ~ ; _ - -
_,.,..a L. , ~ r.~~=