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To plap u~d conrinuoualy ke~p on th~ buitdinps now w Iwrf~h~r ~itwt~ on ~aid lu~d u,d p~ all ~quipmeN ind personaly covK~d by thh e~or1~
•p~, witli ~II premiurns thereo~ p~id in full, fin insurana in th~ wwl tta~d policy form. in a wen ~pp~owd by tM MORTGAGEE. ~nd windstam
imw~nc~ in 11+~ uswl sund~rd policy fwm. in • wm ~pprowd by th~ MORTGAGEE. in wd? comp~ny w compania as th~ 11RORTGA<3EE may
dtnctt snd ~11 fk~ and wir~htorm ieawu+o~ pol;ci~s on ~ny of s+id build'u~, ~ny in~~st tiwrein w part tM~wi. in tht +q~re~sr~ wm ~for~said w
in ~xaa tMreof, sl?sll cont~~ tM vswl u~nd~d mort~ape~ clws~ or such ahu da~a~ a tM Mor?~a~e~ m~y rpuin. makinp ti» bas undp uid potF
ci~s. ~ach snd ~vKy. paYabk ro aid MORTGAGEE as iq int~rest rn~y spp~ar. a~d each and ~wry wd+ policy ihall be promptly ass:yn~d and d~livKed ~o
~ny Mld by s~id N10RTGAGEE u fwther secv~ity to s~id mortyay~ dsbt, u~d, no~ 1~ 1hH+ ten (10) day~ in +dv~nu of tM expir~tion of ~ach policy, to d~.
IivK ro ~aid MORTGAGEE • ~snewal therwf. topNhK with a roc~ipt for tM pnmiuen of such rMewalt u?d ~Mn ~hail b~ no f'ue w windstorm inwraoc~
plao~l on any of said bvildi„p~. any in~eresi tMrein or part tMrwf, unl~ss in th~ form ~od with tM loa p~y~blt as afor~said; u~d ~ tM ~wnt any swn
of morwy becprKa payabl~ und~r wd~ polky w polici~s wid µpRTGAGEE shall h~w th~ option ro repiw snd appty tM s~me on sccount of tM ind~btad~ ~
n~ss secur~d Iw~by w w parmit said MORTCAGORS to ~+eeoaiw ud uN it or any pa+t thereof fo~ ahe~ pwposes, wHFwut the.eb~ waivi~~ or impair•
iny any puity, lie~ w right w+da or by virtw of this mortqs~s ~nd in tM ~wnt wid MORTGAGORS shafl ta ~ny naso~ fail to keep ths said premises so
inwred. a fail to d~Iiver promptly aoy of said polities of inw~+np to said MpRTGAGEE, a fail promptly to p~y fulfy any premivm therefor or in any
reap~ct fail b paforny dixharye, +xecuta` ~ffect, camplete~ comply with and ~bid~ by this oo~ro+?ant. u u?y put hereof, ssid MORTGAGEE ma
y pl+c~ and
pay fa wd? Inwranc~ o~ sny p~rt tF~~of witho~t w~ivinp or aff~ctinp any option, lien. pu;ty, or right undar w by virtw of this Mort~, and ~M
futl unoont of ~ach and tvny such paymN+t ihatl be imm.dl•roty dw and payable and sAsU bear Inr.r.sr f?om ~h• dar. ther~of vntil paid a~ tM rab ol
nir» pK pnrum pet annum and to~~her with wch interest ~hall bs secwe~ by th~ lien of this mott~ape.
4. To pamit, oonvrdt w wffK no wute, knp~irment w deterioration of wid property o~ any p~rt therwf.
5. To pay all and dnpul~r the cwts, charpes ~nd ~xpenyn, includinp a r~ason~ble anwney's fN and oosb of abshxts of titlt, tnt~n~d o? paid ~t
any time by said NIORTGAGEE, becwse w in the ~ve~r of tM failun on ths put of tM said MORTGAGOR ~o duly. ~uo~.p~iy ,~d f~,ur pe.fa„~,, dwd++roR
execvt~, ~fhc1, compl~te, aomply with and abide by eath ~rid avery the sY~pulations ~greemer~n, eonditions, a~d covenanb of said promissory nets and thit
mort~apt aoy w eitl?N. and said costs, chary~s and expentes, each and every. sh~lt b~ immediatety dw and payabl~: whethe~ a not the.e be notice da
mand, attempt to colkq er wit paxlinyj snd tM f~ll amount of each snd every wch payment shall bea? intercst from the date thereof ~ntil paid ~t the
rate of ni~s pt? centvm par a~uiwn; and all ~aid cosK, char9p ~hd e:pensea i~cvrred p paid. together wuF~ such i~?t~rsst. shalt M~ s~cvratt by the iiM of tha
~9~
Q ilwt (a) in the ewnt of any b?ead~ of tbls Mortyap~ w defauU on the part of the MORTGAGpR, or (b) in th~ ~vent any of s~id swea of n?onty
herein roferred to be not promptly and fully paid within thirly (30) days ~ext after the same sevtrally betome dw ae~d piYable, rvithout deen~nd a fatKS,
or in the event eath ~nd every the stiputatio~s, a9reemenb, conditions and covaur+n of said p~omissay nois ~nd th;s morlpage any o~ either ~n not
~uly, prompty and fully performed. d~scharped, executad, effectsd, compieted, compli~d with and abided by, then in ather or a~y s~ch ~w~t ttk said ag
greyah wm mentioned in said promissory not~ then remaining vnpaid. with infc.est acuued, and all ma~eys secvred hertby. shall bcnome dw and pay-
abk fpthwirh, a thersafter, st tl+~ oprion of said AWRTGAGEE, u fvlly and completely u if all of the ssid wms of money were ergin~lly stipulated
to be paid on such day, aaything in said pomissory oote w in thia Matyage to the contrary ~otwithstandinp; and thereupon q thereafter ~t th~ option of
ssid MORTGAGEE, without notice or demand, svit at law or in pvity, therdwe.w tberwfta beQuni, may be ixosecuted as if all mor~eys tecvred hereby
had m~twed p.a. ro in i~stitoNo~.
7. That in tF~e event thst st ths beginninq of or ~t ~ny tima pendi~g any wit upon this -Mortgage. a to fweclose H, o? to refam tt, or to enforq
payme~t of any ctaims herevode?, s~id ly{pRTGAGfE sh~U appty to the Covn kaving jvrisdict+on thereof for the appointment of + Reteiver, svch Court sh~ll
forthwith ~ppoint a receiver of said morlyaged property all and sirg~lar, includug ilt snd singular the income, profits, iuues and revenues from whateve~
sovrc~ ds~ived, each and every of which, it !~~np expreuly ur?deratood, is hereby mo~tgaged as if spec~ficalty set fath and dewibed in the yrantirq and
habandvm davses hereof, and surh Receiver si•sp have ~II the broad and effective funtt~ons ~nd powcrs i~ ~nywiss entrusted by ~ Gou~t ro a Reccivsr, arxl #
suth sppointment shall be msde by such Court as ~n admitted eqvity and a rnitter of absolute righ~ to said MpRTGAGEE, and without roference ro tM ~
adequacy w inadequacy of the wlue of the property mortgaged or to the wnrency or insolvency of sa;d MORTGAGOR a tl+e defendants„ and that sucF~ ~
renn, profin, income, issues snd reven~es shall be applied by such Receiver ~ccordinq to the 1'~en or equiry of said N10RTGAGEE ~nd the practict of such
CouA.
8. To duly, promptly and fully pe?form, discF~arge, execute, effect. eomplete, comply with ~nd ~bide by each and every the stipvlatans. ag+eerneet~,
conditiom and covenaros in said promissory ~ote ~rnd fhis mortgsge set forth.
9. That in the event the ownership of the mortgayed premiscs, w any part thereof, beoomes vested in a persoe~ other th~n the MORTGAGOR, th~
MORTGAGEE, in wccesso.s and ~uigro, may, w;thout netice to the MORTGAOR, deal wi~h such successw or successor in i~rerest wirh refe.ence ro this
mo~t9aye and 1he debt hereby secured in 1M same msnoer u with /Nortgago? without in aoy way vitistirg p disch~rgin9 the Mwtgsgors' liability Ikra
under or upon the debt hereby secvred. No aale of the premises hereby mo.tgsged sr+d no forbearance on the paA of the MORTGAGEE or ib successors ~
or assgns and no exrension of the time for the payment of tha debt hereby secv~ed givee by the MORTGAGE~ or its wccessors or sss;gny, ,ha~~ opwat~ ;
to releue, dischar~e, modify change w affect the oripinal liability of the MORTGAGOR herein. ~ither in whole a In pa~t. ~
10. It is spedfically agreed th~t time u of the ease~ce of this contrad ~nd that oo w~iver of any obligstwn hereurKkr a of ths oblipatan ~e-
cvred haeby sMft at any time thereafter be held fo be a w~iver of the terms hereof w of the irnfrvment secured herby,
11. In add~tion to the fwego:ng monthlY paYmertts of princ pal and ime~est required by the prom;ssory nole secured hereby, mortgsgor cpvena~ts
and agrees to pay ro mortgagee with each monthly payment an add~rional sum estimated by mortgagee to be eq~al ro 1/12 of the annual cost of the folbw-
irg:
A-All real property taxes kvied w assessed against the above desvibed reat estate.
B-Prem.ums on fi~e and wi~xfstorm insurance as herein requ~red to be carried on tF?e improvem~nts situate on the above descri6ed premises.
C-Premiums or~ such mortgage gwranty insurance as mortgagee shall f~om t~me to time deem fit to urry on the loan secured hereby.
Mortgagee shall from time fo time notify mo?tgsgor in writing of the amouM dve and pay~ble FiereurKler and such wm shall thereupoe~ be due and
payaWe on the due date of the next monthly payment and each successive month thereafter until mortgsgee shall notify mortgagor of s chanye in such
amount. Such sums shatl be applied by mortgagee toward the payment of real property taxes, inwrance prem;wns, and mortgaye yuaranty ~nsw~nce
premiums.
IN WITNE55 WHEREOF, the said MORTGAGOR hss hereunto set his hand and teal the day and year ~fp itl, ~
Siyned, Sealed and delivered in th~ presenoe of: ~
r ~
~
/ Q i
M_~~
STATE OF fIORIDA ~
~ St . L uc ie ~
E~tore ms pen,~nally ippeand Josonh Sm~ tr a~ s
Nc~rt na S i th his wife, to me well knowo snd known to me to be ~
ths uidrvdwls described in and who ~xacutsd the fore~oirg instrwnent, and ~cknowledped before m~ that they exccwed the sam~ iw the purposes '
the?ein expresaed. ~,a ,n. ,,;a Hortense Smith
wifs ~ rF,. „~a _ Joseph S~aith ~ . ~.a
exur?in~tioe~ by me »ken separat~ snd apsh from her tak! husb~nd. ~duwwledped ro a~+d before reK that sM executad isid ,&ytnNit~at ~ Co1.~n.
tarily and w~thovt any compulsion, oonstrainf, appreh~+u~' a f~u of w from Mr said hvsband. ~.~~,I:;,
WITNESS my Fwnd snd oHicial s~al d~y o{ Ci' A. G., I4.. y~.
• ~ C,v .k z~
frLED ANp RE -~.ry w~wK ra s,.,.:~ f~;a. l
sT. LU C I E C OUNTY, FLA. MY ~«TMn~~+ j i
,
Return Ta. R
F C O R D V R I F I E ~
Ftrst F.dewl Savinps a to+n Aswciarion N~NyI~ • - - ~ ~ Q
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Of F wt P~
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P~.~. F~.~. '69 JUN I 8 AM • 5 ~ , - - ~ : . .
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This Instrument Prepared By RiChar~~~~t~;AS
First Federal Savings 3 loan Associatior~LERK CIRCUIT COURT~
~ of Fort Pierae~ ttlolida ~ .
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