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To plaa and contlnuou~ly k~ap on th~ buildinps now w Mr~~ftN ~itu~t~ on said I~nd ~nd oe ~II putpm~nl and penon~liy covK~d by thi~ mort~
with ~II pnmium~ therwe? paid in full, fin inwranc~ in th~ uswl srudard policy fom~, h• ium ~pprowd by tM MORTGAGEE. +nd wirdsto~m
inswana in the ~swl ua+d~rd poiky form, in a wn? approwd by tlw 1NORIGAGEE, in svch comp~ny w companiq ~s tFw MORTGAGeE m~y
dinctj ~nd all fir~ ~nd windsarm inwru~p policiea on any of said build~nps, ~ny int~n~t ther~in o~ par? 1Mrwf. in tM apyrepau wJh ~fa~aid w
in ~cpp thenol, slyll contain tM uswl st~ndard mortpspa clau~ a such othp da~?s~ ss tM AAa~y~pe~ msy requir~. makirp tM tost v~de~ said poil~
cin. each ar~d ~vwy. pavable w said AAORTGAGEE af ib Gne~esl may app~ar, and tach and ~w~y such potiq thall b~ promptly asi:yned and d~livK~d to
any Mld by s~id MORTGAGEE ~s funFwr sscwity to ~id mo?tpap~ dabt, snd, not less than ten (10) days in ~dvanc~ pf th~ ~xpu~tion of each policy, to dr
liwr to said MpRTGAGEE + ra~ewal tM~eof, top~riw with a rocsipt for the p~emivm of wch renew~l; and fh~r~ shall b~ no fu~ w winditam inw~anc~
pl~cad on ~ny of said buildinps. sny intenst tMreio or pa?t tM.~of, unlass in tlN fo~m ~nd wi~h tF~ loss pay~bl~ as afueiaidj ~nd in tM ~v~n1 any sum
of mon~y becomq payabl~ urwJK such polky a polici~s s~id MORTGAGEE shail have tiw option ro ~eoeive and apply tM sarn~ on accovnt of tM indsbtsd~
+~eu ascvred hNeby w~o pe+mit aaid AA~RTWIGORS to ncaiw ~nd w~ N or ~oy pa~t thereof fw othcr purposes. wi~hout thareb/ waivi~~ or impair-
i'g +nY ~~t1?. li~n or right w~d~r or by virtw of this mortpa~t ~nd in tM ~vent said MORTGAGOQS shali (or ~ny r~aion fsil M keep th~ s~:d premises w
inwred, o~ fatl to dtliver promptty any of s~td polities of inturanc~ fo said MORTGAGEE, u fail prompNy fo pay fully ~~y ptemium therefor p in any
rsipect fail b pMfonn, diachuy~, ~xscvts, ~ffecL compkte, camply wirh ~nd abid~ by this cove~ant, or ~ny pan hersof, ssid MpRTGAGEE mav ..~ao~ ~~d,
pay fw such Gauranc~ ot ~ny part thersof without waivag or ~ff~trp ~~y option, fkn, puiry, or ri9ht vnde~ w by virtut of tht~ Mo~t~a~, and tM
tull amovnl of each and ewry s~ch p~yrnent sha~~ b~ imm~diately due arul paysble ~?d shall bea~ interest ftom ths dat~ thereof ~ntil paid at tM rate o1
nine per tentwn psr ~nnum and topether with svth iNaest ihall be sacured by tFw li~n of ihis mortp~ge. ;
To p~rmit, commit p wffN no wssfe, knpiirment or deterior~tan of said property or ~ny parl theraof, i
5. To pry ~II and sinpular tha tosts, ch:rp~s arK! ~xpenws, inctuding s rsasonabte atto.ney's fes and cosq of abstrscn of Htls, incwred or pald at
sny fims by sak! MORTGAGEE, Mcavs~ w in the twnt of th~ fsilwe oo the p~h of ihe said 1NORTGAGOR to du~y, prompNy and f~Ily pKtwm, d~xhug~,
exec~t~. ~ffect, compl~te. oomply with ~nd abida by each •nd every d+e s~ip~rlarans, sy~eemenrs, cond~~io~s and coven~nn of said promiswry no» a~,d rha
matpap~ any or dtlrK. a~d said costs~ charqes and txpenses, eac}i ind every, shall be immediately due and p~yable: whetF?er or not ther~ b~ notice da
reund, attempt to collect a wi~ pe~dirg; and f1k full srno~nt of aach and eve.y such payment ~hall bear interest f~om the date tF?~reof uetil paid at the 1
rate of nins per cer+tum per uuwm; ~nd all said costs, tMrpes and expMSes inarred or paid, togefhet w+th iuch intarest, shall be s~tu?ed by the lien of thw f
"'ort~•
6. That in the ewnt of any breach of this 1NortQaQe a dafau4 on tM pan of the MORTGAGOR, or (b) in tl~e event ~ny of satd tvms of mon~y i
h~vein r~fe~red to ba not promptly aod fvlly paid wirhin thirty (30) days next after the same seve?alty become due ~r+d peyable, withovt demand or notits.
w W tn t1w aven~ ead~ and ~rery the stipvlations, agnem~nts, we+ditior+s and cov~n~nn of said promissory note and th~s mortpsye any or either ~r~ not
iuly, promptly and fully perfwrt?ed, discharyed. execvted, ~ffect~d, complet~d, complied with and abided by, then in either a s~y auch ~wnt tt+~ sa;d a~
gregsh sum mentaned ta said promissory rate then remaininp v++paid. with inrorest xuued, snd all moneyi secured hereby, shall betomt dus and p~y~
abk forthwitl~, w there~fta, at tM option of said MORTGAGEE, ~s fvlly ard canpletely u if all of the iaid sLms o4 money vircro aiginally atipulated
tu be paid on such day, anything in said promiuory eote or in this N1wt~aye to the contruy notwithsts~ding; and therevpon or thereafter at ~he opt;on of
said MORTGAGEE, without norice o? dcrosnd, wit ~t I~w or in puity. tFllflfOtQ p thdfNft!? begun, may be prosecuted ~s ;f ~II ea~eys secvred her~by
had matured piw ro iri institution. -
7. TA~f in tF» ~vent tMt ~t the beginnirg of or at ~ny tima pendirg sny wit upon this Mortg~ge, or to forecloae it, a to roform it or to enfwp ~
PaY+~~ ~+~y ctaims he?eunder, said MORTGAGEE sMll apply to the Court having jurisd~nan thereo4 fw the appointmem of ~ Receiver, such Cowt sMll ~
Forthwith ~ppoint a rcceiver of said mort9aged property all a~d sinqular, includ~ng all and singul~r the income, profits, iswes and revenues from whst~ver
souroe daived, ead+ and wery of which, it beinp expressly undentood, is hereby morrgaged as ;f specifically set forth and desciibsd in the 9~s~tinp snd
habe+~dum ctauses hereof, snd such Receiver shall Mve all the broad and effective fund~ons and powcn in anywiu entrusted by a Co~rt ro s Receiver, and
such appointment sha11 be made by wch Court as an ~dmi»ed eq~;ry ~nd a matte? of absoluro right to iaid MORTGAGEE, a~d without refere~ce to the
sdequscy p Fnadequacy of the w1w of the prpperry mwtya9ed or to the tolvency w i~solvency oi said MORTGAGOR w the defendants, and that s~ch
eents, profin, inc«ne, isiues and revenues sMll be applied by s~ch Receiver accordiny to the lien or equity of said MORTGAGEE and the prxt~a of such
Courf.
8. To dvly, promptly and fvlly p~rform, discharpe, execute, ~Hect, oomplete, comply with and sbide by each and every tF~ atipulatioos, ayreemen»,
co+~ditiwn and covenants in isid promissory note a+d this mortgsga set forth.
9. That io the event the ownenhip of the mortgaped premises. a any paA thereof. becanes vested in ~ penon other than the MORTGAGOit, ths
MOitTGAGEE, ib successors and euiyns, may, withovf notice to the MORTGAOR, dea! wi~h such successw or succeuor in iMer~yt with refcrence ro tfiis
mwt9aye and the deb~ heraby secured in the same m~nner as with Mwtgagor withovt in any way vitiating w dixhargirg the AAwtyspws' liabiliry here-
u»der or ~pon the debt heteby secwed. No sale of the premius hereby mortgsged and no iwbeawnce on ths part of the AM1ORTGAGEf or iri succe:son
w usigns snd no extension of the t~me for the p~yment of the debt hereby secured yiven by ~he MORTGAGEf or ib succassws a assipns, sh~tl op~rat~ j
to rel~ase, dischsrpe, modify th~nq~ or affect the aiginal liabiliry of the 11AORTGAGOR herein, either in wholc w in psrt. +
10. It is specifiulty agreed that time ip of tM essenc~ of this contrsct and tMt no waiva of any obligstion hsreunder or of ths ob~ig~tion w, r
cured hxeby sMll at any time thereaher be held to be • wairer of the terms 1?ereof or of the instrument secured herby.
. In addition to the forego:~g rrwnthly paymtnts of princ'pal and intercst required by tht promiuory note setured hereby, mprtya
~or
ow naAfs ,
and agrees ro mortgagee with each monthlY paYment an addirionsl sum estimated by mortyagee to be equal to 1/12 of th w~f the follow- 4
irg:
A-A!1 rea! property tsxes kvied a a ' t the sbove described r .
B-Premiums on fire aod windstwm insurance as her ' 'ed on the improvements situate on the above destribed premises.
C-Premiums on such mortgage g~ars ance +s mortgagee sh~ll from time to 't to prry on the (oan secured hercby,
Mo?tgagee shall from ti me notify mo?tgagor in writing of the amount due and payabk hereunder an su on y~ ~ a~
paysble on the due t e next monthly psyment and each successive month thereafter u~til mortqagee shall notify mortgagw of a chan ' s~ch
amo~n ums shall be applied by mortgagee toward the payment of real property taxes, inwrance prem:ums, and mortgaye gwranty insura
wms.
1
f
IN WI7NESS YVHEREOF, the said MORTGAGOR has here~iir~~ FAM~~~(~(~y ~ y~~r fint aforesaid.
~~~d. Seil d and d li ea ~ P.~ of: ST. IUCIE COUNTY. FIA.
RE:COR~ VERIFIED e~ ~ n
i'?~l64:~
~9 JU~~ ~ 9 f 11 3 O r~.n
STATE OF FLORIDA S/~'~" ,
courm oF St. Lucie ~'R01~ FOITRAS
l CUI OUR ~
eef«e m. P..~on.uy,pps~rcd Bobbie LeE ~~31n~ T C T,
and
Shirlev Fave Horner his wiie, to me well known snd known to me to b~
rM individwb dewibed in and wFw e:scvtad tM iorpoirg iostrwnant. ~nd acknowkdyed before me rMt they executed the wme for the P~+?Poses
rhe.ein .,cp..ssd. And tl,...;a Shirley Faye Horrrer
w,f• o~ t~?. W;~ Bobbie Lee Horner ~o~, ..~,.,te .~,d
exsminaYwn by me taken sep~nte and apsrt from her sa;d F.vaband, adcnowledged b and before m~ th~t she execvted said instrument f~eely arid vol~n-
rarily and withovt aMr cpnpu(sion, constraint, apprehens~o~Lyr har of or from her qid husb~nd.
WITNESS my h+nd ~nd official seal thi: day of A. D. 19~i~
~
W ..C`,~, i L~1~ 1~~ F r L U K 1 U~ r~r,n ic in and fw th~ Stat~ of Fbrida at larq~
c~ ~ DOCUMENTAp ~ S'idMP 'fA:t Mr ~u~ G~ i~~~
a = Jittfi9'69 `~,~~.AT~` ~ ,`~~:~ts:}i;;j:~r~r•.t~t'K, Stak 01 florid~ at La~9~
~ ; _ ,,s
~ I 7 2 5 ~ ~qt; t~,;,~ ~ ~w. 6, i~n
V~ cr~~PTao1.lER . 3~ ~~M~~~„~ac..rrrta? ,
P.~.140136 _ . ,
' L7 :j~'.r-
~ _'~l ~
This Instrument P~epared By J. C. Chastain _ . 0~~..
First Federal Savi~gs b loan Assotiation ~ •O.s _ ;
of Fort Pierce , lrlozida • 'f #
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g~~~ P#GE VW
. ( ~ + i + a ~ . . ~
j~!~ f C f
a . ~ s _ _ ~ _ ~ ~
_ _ .