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To plan u~d conriiwo~,sy ke~p on tfu buildinps ~ow or Mreafi~r ~tw» on said land ar+d on all eqwpm~nt and pe?wn~ly tov~r~d by th{s mort~
a~, with ~II premiums theraa? paid in fvll, fir~ insuruic~ in th~ ususl su~+dard policy form, in a svm +pprowd by tM MORiGAGEE. and windstorm
insix+~c+ in 1Fa uswl itsndud pol~cy fam, in • wm ~pprovd by ~M MORTGJ?GEE, in s~ch company or comaa~+a a the MORTGAGEE e+ay
dinctt and ~!1 fue u~d windsrorm inuxana polici~s on any of aid build~+~ps, any int~.~st tF~uein w part tF~eof, M ~ht aQprc~a~~ svm ~fa~said w
in ucctss th~nof, sMll contai~ 1M uswi ttanda~d mwt9a~e~ claus~ p such o~l~ <lavs~ as 1M Mwtgape~ may ~equu~, m~kinp Ih~ bss undK a~id pdi~
ci~s, tach and evKy. pYabts ta said MORTGAGEE as ib ints~eat may appea~. ~nd eacl? snd ~very such poliq sh~ll b~ prompty ass.~rwd ~nd d~live~ed to ~
+ny Mld by ~aid MORTGAGEE u funher secvrity fo said matpaQe debt, and, no~ kss thai+ ren (10) days in adva~?ce of th~ ~xpiration ol each policy, ro dr ~
Uwr 1o s+id MORIGAGEE a renewal ther~of. topetMr with a reteipt for fAe p?emivm of such renewa~; and Ihar~ ahall be rq fi~s p windstam inwranc~
p1~qd on iny of said buildings, any interest therein o~ parl the~cof, vnless in tM fwm and with tM loss payabl~ u aforeuidj anA io tM ~wM ~Mr awe
of moMy berornes payabl~ v~dc? such policy or policies said MORTGAGEE shall havs ~M optron to receive arr_~ appty tns s~ on accoum o( the tnd~bted
neu aetw~d haeby or b permit said MpltTGAGORS to receiv~ and ua~ )t o? any put ~hereof fa o~her purposes. wi~iwut thrreo/ waivi~~g or impai~-
inp any puiry, lieo or rtght under a by virtw of this mortqaye; and i~ tM svenl iaid MqRTGAGORS iF?aU fa any reawn fail to keep the aaid pr~mises ip
i~sured, p f~il io deliver promplly ~ny of said poticies of i~sursncs fo said MORTGAGEE, ot fail prompdy to pay tv!!y any prem;um t}~erefa or in ~ny
rs~p~ct fail b ps~fwny discharge, execute, •ffect, canplete. comply with ~nd abide by thw covenant, w ~ny pan herwf, ssid MORTGA~iEE may plac~ ~nd
pay fa wch insuranc~ or ~ny pan thercof without w+ivinp or afisctinp any oprroo, Itee. puity. or r~ght under a by vinw of tbis Mw~ga~e. ~nd t!w
futl amowrt of each u+d ewry such payment sMl1 be immediately dw snd p~y~ble ~nd ahall bear interesf iran tM dah thereof umil paid ~1 the ~at~ ol
nine per centum pa~ annum and together with wch i~tmest shall be secured by tM lien of this mortgage.
To pamit, commit or wffa no wute, &np~irment a deterior~tio~ of said propcrty or any part thercwf.
5. To pay ~II and sinputar the cosri, char~ses and expense~, includinp a ~eason~ble ~ttomey's fee and costt of abstracts of tit~e, incuned or paid at
any time by said MORTGAGfE, because a In the ewnt of the failure on the pah of the ssid MORTGAGOR to duty, p~omptly ~nd fully perfonn, distlwy~,
execvt~. ~ifect, compkte, oomply w~th and ab~de by each and every the atipulat~ons, ag~eements, conclitiau, and corenaMS of said promissory oote and thu
mortgapa aMr w either, and wid coan, charges ~nd expenses, each and avery, shall be immediately dve and payable/ whaher w not ther~ b~ notios d~ `
mand, attempt to tolkct w suit pend~nq; snd the f~ll ~mount of e~ch and every such payment ~hall bear interest f~om the dat~ thaeof until paid a1 the ~
~ate of nirk p~r centum p~ a~num; and all said oosts, tharges snd expensea i~curred o? paid, logetieer w~th svch iMerett, slwli be secured by tlv tiet~ of ihit I
6. Th~t (a) in the event of any breach of fhis Mortyayc or default on the part of ths MpRTGAGOR, or (b) in she event any of said tums of momy
herein referred ro be not prompHy and fully paid within thirty (30) days ~ext after the same severally becpme cue and payable, wilhout demand o? notice,
or in the evenf each and every ihe stipvlarions agaeements, cond;tions and covenanri of sa~d promiuory ~ote and ~h~s mo+tgage any or either are nol
iuty, promptly a~d fully performed, d~xharged, execvted, effected, completed, complied with and abided tiy, then in either or sny wch ewnt t!r s~id ap~
Qregat~ wm mentioned in said p~omissory note then remaining unpaid, with interest sccrued, and a11 mo~eyt secwed hc~eby, sha11 becwns dw ~r~d pay.
able forthwith, w thereafter, st fhe option of said MORTGAGEE, as f~lly srd completely as if all of the satd wms of money wera originally stipul~ted
to be paid on such day, anythir?g i~ sa~d prom~ssory note or in this Mortyage to Ihe contrary notwithstanding; and thereupon p thereaitet at 1M op~ion of
said MORiG/IGFE, wirhout norice a tkmand, wit af Isw w In puiy, therefore p thareafte~ begun, may be prosecuted as if all mooeys sacured hereby
had mitwed prwr to its institution.
7. That in the event that at the begi~ning of or at any time pe~ding any suit upon this N6wtgspe, w to faeclos~ it, a to refwm i1, or to enfaae
PaymMt Of ~ny ctaims hereunder, said MpR~GAGEE shall apply to ttx Carn having jurisdiction thereof fw the ~ppo;ntmeM of a Receiver, such Co~rt sFull
Forthwith sppoint s receiver of said mortgaged prpperty all a:id singula?, includ~ng atl and singular the income, profits, iswes a~d rever+ues from wMt~ver
wurce detived, cach a~d every of which, it being expteasly unders?ood, ia hereby morlgaged as if specifiulty set forth a~d dewibed in the grantinQ and
habendum clavses hereof, and such Receiver shall h~ve all the broad and effecfive functio~~ and powps in anywise entrusted by a Court to a Receiver, and
auch appointment shall be made by such Covrt at an admitted equity and a matter of absolute riqht to said MORTGAGEE, snd witFaut referente to ths
adequacy w insdeqvacy of the vatue of rhe property mo~tgsged er to the wwency w~nsolrency of said MORiGAGOR a the dcfe~dants, and thal avch
renn, profits, incane, issues and revenues shsU be applied by such Receiver according to the 1'~en or equiry of said MORTGAGEE and the pr~ctice of such
Court.
8. To duly, promptty and futly perform, diuharge, execute, effect, complete, cnmply with and abide by each and evcry the stipulation~, ~greemenq,
conditions and covensnrs in sa~d promissory note and this mortga9e set fath.
9. that in the event thc ownership of the mortgaged premises, w any part thereof, becpmes vested in a person other than fhe MORTGAGOR, the
, MORTGAGEE, iK wccessors a~d assigns, msy, wi~hout notice fo the N~ORTGAOR, deat with such successor a successor in interest with referanca to 1Feis
mortgage ind the debt hereby secured in the same manner as with Mortgagor without in any way vitiating p diuhargirg the Mortyagora' li~bility hera
under or upon the debt hereby secured. No ssle of the p?emises hereby mortgaged and ~o fwbearance on the part ot the MORTGAGEE a its successors
or auigns and no earension of the time for the payment of the debt hereby secured given by the MORTGAGEf w its s~ccesaors w assigns, shs11 oparats
ro release, discharge, modify change or effett the orgioa) liability of the MORiGAGOR hertin, either in wlwk or in part.
10. It is spec~fically agreed that time is of the essence of this contrad and that na waive? of any obligat~on he~eunder w of ths obliyation se-
cured hereby sMfl at aoy timt tFxveaftd be held to ba a w~iver of fhe terms hereof a of the 'aaTrurnont seevred haby. ~
1L M add~leon to the foreqo:ng monthly paym-nts of princ~pal and interest required by the promissory rate secvred hereby, mortgagor ~pve~?anfi
ar,d agrees to pay to mo:tgagee w;th each monthty payrnent an addirional sum esr~ma~ed by mortgagee to be equal to 1/12 of the annual cost of the follow-
ing:
A-A!I real property taxes kr'ed w assessed against the above desaibed real estate.
B-Premiums on fire and windstorm ensu~ance as herein req~;red to be carried on the improveme~ts sitvate on the sbove desaibed p~eniises.
C-Premiums on such mortgagr guaranty insurance as rtwrtgagee shall frcm t~me to time deem fit to carry on the ban secured hereby. t
Mwtgagee shal? from time to time notify mortgagor in writing of the amount due and payable Ixreunder and suth sum shalt thereupon be due and i
Fayable on the due date of the next month!y paymem and each successive month thereafter until moNgsgee shall ratify mort9agor of a change in wd~ ~
amount. $uch sums shall b~ a~plied by mortgagee toward the payment of real property taxes, insurance prem:ums, and morigage guannty i~swance
premiumi. -
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!N WITNE55 WHEREOF. the said MpRTGAGOR has hereunto set his hand and seal the day a ear first for id. ~
Signed, Seakd and delivered i the presence of: ~
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•n
~ ' cseaq
~ -A
STA1E OF ~jt ~ ~
cour~tir oF t'~r+aQ ~orq~s .
defo~e me perwnslty appearcd a~
Cynthia A. Stickell his wife, ro ~,,,~i i~,,,, r, b. ;
rhe ~ndndwls described in ~nd who ~xecuted the forego;n~ instr~ment, and acknowkdged before me thet ~hey exearted tt~ ~~i~ . fos }h~ purposes i
thereire e~ested. /lnd the aai~_ - ~.'Y=lt~a a • $ t~CjC@IZ { ~
wife of tIN ssid Edward H• S~CjC@ZZ "r ~,ptiv~t!
t~on a fepisi!!._
examinatan by me takee+ separote and apsrt from her said husbarxl, ~ckrq,wledged to and before rr~ that she exearted~~_ qt tY y~¢.~y{~.
rarily and without ~ny compuban, constraint, appreMnsioo, ot f~ar of p from het said I~nd. :,`'~~f g=v
WITNESS my h~nd and offic~al seat thi: ~.Z /l.Ct _~y of M - a= -
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' Noary PuWic fa t a
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Retum Ta F~~„~0 ~Dv`l~ A. SrJS~, ~`~~.1
First Fderal Savir?gs 3 loan Itssociation ~'~s~ Y~ ' 1'~ '
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Of Fort P~erce. V~R~~!F
Fnn Pierce. Florida s~?~i[l~'~
,~9 Z Q p~ ~ ! :
This Instrument Prepared By John W. Collfus
Fint Federat Savings b loan Association :i3~ ;.~t~SM~
- of Fori Pierce~ Rlollda
~~~RK ~'RCU}~ COJRf
~OOK ~ ~ O -iM~E
~ ~ ~ F cf
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