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S. To plx~ ~nd continuo~sly kNp on tM buildinp~ now or hK~+fiN wh++t~ on s~~d I+r+d and on all puipenent u+d p~non~lly covK~d by thii mat¢ j
ap~. with ail pr~miwm thenon p+id in ful4 fi?~ ins~~+nu 4'? tM ~wal ~undsrd policy torm, in a swn app~ov~d by tM MORTGAGEE, and windstorm ~
insurana in tl?~ uswl ~tandan! policy fam, in • wm app~ov~d b1? tF» MORTGAGEE, in wch compiny w canp~ni~s +s tM MORTGAGEE n+ay
dincti a+d all fin and wiabtum i~wrana polici~s ao say of SOId ~WM10l~ M1y i~lMfpt iFN~til1 Ot pi?~ fIN~~Of, in tM ~~eyat~ sum ~for~s~id a
in ~xc~ss tM~wf, sMll contsin 1M wwl stsndard mat~a~~ dau~ a wd~ otMr tlavs~ a tM JlAort~~ may roquk~. nwkinp tFr loss undN said po~}
ciss. ~ach u~d wery, p+Yabl~ a said A10RTGAGEE u its iotKest m~y spp~ar. ~nd e+ch +nd ~vNY s~A Policy ahall b~ promptly us:9n~d and delivered to
any Mld by afd MORiGAGEE as fw~Mr security ro;+id mwtyay~ debt. +nd. oW ~tss ~han t~n (10) daYs in advae~ of ti+~ expir+tion of tsch polity, to da
I~vN to said MORTGAGEE ~ renewal tl~~of. topNMr with • rece+pt fw the pr~mium of s~ch renawal~ and ~he~~ sh+N b~ no fire a windstam inwr~nc~
pl~qd on any of t~id buildirgs, ~ny l~taest tMr~i~ a put tF+Keof, unless i~ 1M form a~d with tM bss p~y~blt as afwes~idt +~+d ~ tM ~wM any wm
ot moeKy becorn~s paysWo ur~ wch policY a Po~ici~s ufd MORTGAGEE shall Mw tM option to nceiw +nd ~pply the s+me oo +cca?m of ths indebted~
ness s~cvr~d her~by o~ 1o pKmit aid MORTGAGORS to nctiw and u~ N or any part thereof fa othe~ purposes, wi~hout thereb~ waivi~y w imp~ir-
iny any puity, li~n or ripht undsr or by virtw of this mortpap~~ ~nd in tM ~wat said MORTGAGORS shall fw ~+y reason fail ro ke~p the wid pr~mises w
insund, w f~fl b d~liver promptly any of said polici~s of ieiswanca to s+id MORTGAGEE. or fail promptly to paY fvlly any premium therefor a in ~ny
rosp~tt fail b pKfwrn, dixh+tyt, ~xecvt~. ~ffect, tompltt~, comply with ~nd abide by this oovenant, o. u~y p+n A.reof, aid MORTGAGEE m+y pl~ +nd `
P+Y for wch &iwranct or ~ny p+?t thtreof wi~ho~t~ ~~~i »Iffdw~and pay+bl~ u~d sha~viry~. orte~es~ from tM date trthereoffuntil pid~~9t~tM ?at~tol ~
full amaxN of ~ach and ewry such paymen Y
nine p~r c~eitwn per ~twwm ~nd to9etha with such interett thall be secured by 1M liae of tha mortp+pe. ~
4. To permit, aanmit or wff~r no wash. knP+kmx?t or dherior~tan of s~id property or ~nY Pu1 thereof. j
S. To p~ all u~d sG+pvlsr the cosn, clwr~es +nd ~xpa+sea, includWg + n+sa+sbl~ atton+~y's fee a+~d oosn of sbstracts of title. incurred or patd ~t
i.,y tin,s by aaid MORTGAGEQ bscause or ln th~ ~wnt of the f~ilure on the pah of tl+s aid MORTGAGOR w duly, promPHy and fully psrform, d~scMry~.
ex~cvte. ~ffsct. aompkt~, comply with and ab~de by tach ~nd ~very the itipulations. aqreernents, conditionf„ ~nd oovenants of ssid promiuwy iwte u+d tha
mort~e any w ~itMr, and ~sid costs, dur~es snd expMaes, tach a~d ~very, sh~ll b~ imnediately dw and psyabk: whetl?er ar not there F» notiu ds
ma~d,, attempt to oolkct or wA pK?dinpj snd tFw full amount of esch and every such p~YmeM shsll bea. interest from tM dat~ tM~eof until p~id st th~
r~te of nins pe? cenhrm per ~nwm: and sN said cosn, char~ees +nd exPa+ses incwr~d o? Wid, togethx w~th such i~terest, shall bs s~wred by tM liee of tlw
6. That (s) in t!w ewnt of w?y bre~ch of this Monya~ w default on th~ part of the MORTGAGOR, w(b) in the ~vent any of s~id sums of mon~y
herain referred ro bs not promptly e~d fully paid within thirty (30) days next after the same wverally become due and payabte. withoul dem+nd or notice.
w(d in the event esch ~+d every the stipulatioes, sgr~emenn, condiYans and cover :nts of sa~d pran'~swry nota ud th~s mortpsy~ any a eithe~ an no1
iuly, prompNy and tully perform~d, d'exhsrged. executed. ~ifected, compkted, compl~ed with a~d abided by. tFwn in either w any such ~va+t tM said ag
gregst~ wm ma+tior~cr! i~ said promisswy note then tem+ininp uopaid, with interest acuued, and all rtwneys secured hereby. sFWI! batomt dw and p+y~
able forthwith, Of fI1!lNNN~ ~t the option of said MORTGAGEE, as i~lly and completely u if sll of the wid wms of ma~ey were orpinallr stipufated
ro be paid on s~ch day, anythiny in said prom~ssorY noh a i~ this Mwt9s~e to tFa contrary notwithstanding; snd thercwpa+ o~ thereafta st tM option of
said MORTGAGEE, without oo~ice w demand, wit at law o? in ~quity, there#ore u* the.eafrer begun, maY be prosecu~ed a~ if ~II ma~eys s~arod hereby
had mawrcd prior ro in tos~inrtion. ' !
7. That in th~ event that at the begimfng of w ~t +nY time pe~ng ai+y suit upon this Mortysge, w to foreclote N, w to roform it, or to enfora
payment of any daims here~nder, said MORTGAGEE sMlt apply to the Covrt Mving jur~sdiction thereof fw the appointment of a Receiver, such Gw?rt shall
fwthwiM ~ppaM a reoeiver of said mortya9ed proper~Y all +nd sirg~l+r, includ~ng all arxl ainyular the intoms, profits, iuues and revenues from wMtever
so~rce derived. each and every of which. it beinp expressly understood, is hereby mo?tgaged ss if tpecifiulty set fwth snd described in the ~rantirg and
habendum clauses hereof, and wch Receiver shall F~ave all the brosd and effective functioru snd powers in anywiu entrusted by a Court to a Reuiver, end
such appointment shall be msde by such Court as an admitted equity and s rn~lte~ of absolute ti~ht to said 1NORTGAGEE, a~d without ~eference to th~
adequacy or inadeqwcy of the wlue of the property rrwrtgayed o? to the wlvency or insoMency of said MORTGAGOR or the defaxlann, and that such
renu, profin, income, iss~es Md revenues shall be applied by such Receive~ accordi~ to tF~e lien w equity of said MORTGAGEE u~d the practice of such
Court. ~
B. To duly, promptly and f~lly perfwm, discharye, exeate, effect, complete, comply with. and abide by each snd every th~ stipulatioos, apreertienb,
conditam and covsn~na in said promissory note and this mortgsge set fa~h.
9. That in the evem the ow~ership of the mortg+yed pre*oises, or sr?y psrt thereof, becomes vested in a person othe? thsn the MORTGAGOR, th~
MORTGAGEE, its successors ~nd auiyns, maY. withw+t notice to the MORTGAOR, deal with such svccessor or uxcessor in inter~st with referente to this
mortQaye and the deW hereby sewred in the sams marr~er as with Mortgagw without in ~ny way vitiatug or diuharging the Mortyagors' lisbility herr ~
under or upon the debf hereby secured. No sale of the premixs Acreby mortgaged and no fabearonce on the pan of the MORTGAGEE w iri suaesson ,
or auigm and Ro extension of the time fw ths p~yment of the debt hereby secured given by ths MORiGAGEf or in wccesson or auigra, shall operaq j
to rekase, dischu~e, modify change w affect the wigirwl liability of the MORTGAGOR herein, either in wFak or in part. ~
10. It is specifically sgreed tMt time is of tl?e essence of this contrad and that no w~iver of any obligatioe~ hereunder or of ths obtipstion se- (
cured he?eby sh~ll at any time tlroreafter be heW to bs s waiver of the terms hereof or of the instr~ment searred herby.
11. In addition to the fwego:ng monthly payments of prirK psl and interest required by the promissory note secvred hereby, mortgagor covenants
and sgrees to pay to mongsgee with each monthly payment an add~~ional sum estimated by mwtgagee to be equal to 1/12 of the annual caat of the follow-
i~g:
A-AU reai property ta:es kvied w auessed agairut the above described real estate.
B-Premiums on fire and windstam insurante u herein requ~red to be tarried on the improvements sitvate o~ the above destribed prcmises.
C-Premiums on such mortgage gwranty insurance ss mwt9sgee shsll from time to time deem fit to carry on the loan secu~ed hereby.
Mortgagee shall from time to time notify mortgagor in writing of the amouM due and pay~ble hereunder and suth tum shall thereupon be due and
payable on the due date of the next monthly payment and exh successive month theresfter until mortgagee shall notify mortgagw of s change in suth
' amount. Such svms shall be applied by morsgagee toward the payment of reat property taxes, insurance p?em:ums, and mortgsye guaranty inwr~nce
~ pr miums.
IN WITNESS WHEREOF, the said MORTGAGOR hss hereunto set his hand and seal the day s~d ye~r f'ust aforesaid.
~ Si d, Sesled and deli r in the presente of:
~ n
~ .n
~n
;
;
;
STATE OF FLORIDA ~
sT, wciE ~
~ courm oF
6~fwe me perwnslly appe+red Robezt O. Webber ~„d
~ FIaIIC@ S L. Webbez his wife, to me well known and krawn ro me to b~ ~
~ rhe ind;vidwb described in and who ~xscuted ths for instrurtant, and ~du~owledped befwe me that they executed the wme fw tFr rpoies ~
~rances L, Webber
~ rherein ~xpressed. Md tFw uid
Robert O. Webber . .re „d ,~,t•
wife of the ssid ~P°^ s~PW P~
~ examinatioe by me taken separaro and ap+rt from her said husband, ~dcrawkdged to and befwe me that ahs exetuted ssid irotrument freely ~nd voluo-
ta.ily and withovt any compubion, co~strsi~t, apprq or feu of w from her said husband.
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WITNESS my hand and official seal thi~ 1 th ~ dey of J e A D. 19 69
5 ~
Notsry Public in and for the Sut~ of Florid~ ~t lup~
~ ' My Commission e~ires:
Rewrn Ta. ,`~~~~~utut~r~....
~ Pirst f~den) S+virgs 3 loan Aswci~tior+ ~.'P` zL : 1`'~. ~3 I~M~ s~ at W9~
~ Of Fo?t P~erce. ~ ~ ~9
~ fort Pierce. Fbrida S. ~.L V~ . ~ M~Mr b~ i C~n G•
. ~ ti fIlEO AND RECOR~ED
~ : ~ : - ~ - - ~puN7Y. FlA•
~ . -,_j ~ _ ST'~LV~CR~ v~RtF1E0 ;
r; cy Q : , i :
~ This Instrument Prepared By . C~~~ -a ~
S
Fi~st Federal Savings b loan Association .;'S'' - ~
~ l0' S~ ,
~ of Fort Pierce ' , ' 6 ~ ~
~ John W. Collins ~R ~ ~69
~ Chedced By ~
~ 800K~~ ~ {~~v=R ?OITRAS
~ CLERK CIRCU~T COUR7'
~ r ' ~ I~
~ ~ i
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