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To pl+a ~nd contirwously k~ap on tM buildinps naw a Mnafta ~itwa on ~id land and on ~I! putpen~nt ~nd pwso~?aliy covN~d b~l thU matp~ ~
p~, with ~11 pr~mium~ tMrwa paid in f~q, f~n iruur~nu in tM +»wl sundud polky fam. N~ • swn spprowd by tM NWRTGAGEE, ~?id wind~Wrm '
insw~na in th~ v~wl uandard policl? fonn. in • wm approwd by rl+~ MORTG/V"sEE. in wch comp+nY a comP+nies ~s tM MORTGAGEE ~n+Y i
dinctt ~nd all fin and windstorm 4uwaaa polici~s on any of said buildire~q„ any in?~st thKein w paM ther~of, in tM apq.e~~t~ wm ~fons+W ar
in ezuss ~Mnof, ah+ll cont~in tM usu~l sandud mort9apN clavs~ w wch othK ctavs~ +s th~ Mortyaqt~ may rpu~n, m+kinp tM loaf undN uid po1F ~
ciy, each and ewry. WYabls ro~aid MORTGAGEE as its intw~tt m~y app~+r. and .~ch and ~v..Y sud+ Paicy sMlt M pr«^Wly ss•.9nad ~+d d•liv.nd ro
any heid by s+id MORTCsAGEE +s furthsr ~ecvr~hr ro s~id mw~qsp~ debL +~d. rw? ba tMn teo (10) days in adv~nu of ~h~ expir~Yion of exh policy. ro d~- ~
IivN to wid MORTGAGEE • ~enew~l thsrwf, topsthar with a ~ecsipt fa tlr pr~mium of wch renewalj and there shstl b~ no f'u~ w wi~~wm irowa~+c~ ~
plspd on any of wid Suildinys, ~ny lotKett tMt~in or pu1 tMreof, unless in tM form and with th~ bss piyable as ~for~saidt W? th~ avaN any wm
of mor~~y becoerws p~y+b1~ ~nd~ sud~ Po1kY a Polic~s s+~d ~ORTGAGEE wtiall Mw ths option ro receive and apply tM s+rn~ on acca+m of tht indebted~
~ess yecw~d F~xeby p to pKmil said MORTGAGORS ro rsceiw and uk it or any pa?t thenof fo~ othe~ pu~poses, without thereb/ waivi~~ or imp+in
inp any pviry, (ieo or rght u~de~ ot by virfue of this mort~+p~J ~nd tM ~w~t taid lNORTGAGORS shall fp ~MI ~sason fsil to ketp IM said pnmises so
insu?~d, ot f~il b delive~ promptly any of said policks of irawana to said MORTG/IGEE, w fail p?ompt~y to p~y fully any premium thcrefw w in any
reipect fail ro pKfwm, discharpe, ex~cut~, ~ffecL compl~t~, comply with ~nd +bid~ by this covenant. a+~Y W?t hereof, i+id MORTGAGEE m~y pl~u +nd
pay fw such insuranu or any put tlweuf withow waivinp or aff~ctinp aryl opYan, Ik~, equity, or r',yht vnder or by vl+tw of this Matpap~, and tM
full arnouat of sach u+d ~wry wd+ paYmN+~ sb+~~ M~~.dwt.b dw +~,d wr+b~. +~,d •~++u b~+~ ~~terest from 1M dab thereof un~il pald ~t tM rat~ ot
nine per pnt~m p~r annum and toyether with tuch interest shsll be securad by fl+~ I'an of tha mort~age. ~
1. To p~rmit, oonvnit ar svff~r no w+ite, Imp+im~ent w deteriwatan of said propKty a any W?~ tl+~reoi.
S. To pay dl ~nd sinpular the cosb, clarq~s and ~xpMSea, i~dvdiny a reasonabk ananey's fee and cosb of ab~hsc+s of titls. incuned w paid ~t
any time by said MORTGAGEE. becavss or in the event of th~ failwe on the put of th~ uid MORTGAGOR to du~y, promPtly ud fully perform, discha~~
execut~. ~ffect, complet~, oomply with and abide by tsd+ and every the stipulalions, a9reements, mnditioru, +nd core~+^n of said promissory note and th4
mort~~ any w atlx~. and said coats, chsr9es and ~xPensss, ~sch and every, sh+ll bs imnedi~tely dw and paysble: whether w not ther* be notic~ dr ~
mand, attempt ro colkct or suit pendinps sod tM fvll anwvnt of each and aw~y suth psymeot sF+~ll btar i~terest fran Ihe daN the+eof until p~W at the {
rate of nirk pe? ccntum per amwm: end all s+id costs, charpes ~nd expenses in~w~nd w p+id. together with such i~taest, sh~ll be secv~ed by tl+~ li~n of thy
mw~D+p~•
6, llwt in tM wenf of sny brtsch of this Mort~aye or default on the part of the hlORTGAGOR, w(b) in the went any of sa~d sums of mon~y
herein refared to be not prompHy and fully p~id withi~ thirty (30) days next aftet 1M same sev~ally become due and paysbk. without dem+nd or notice.
or in the evem exh and every tM stiputatio~s, sgreements, conditions and coven~~ts of sa~d prom~stiwy note and tFus mortpape ~ny w ather ~rs nol
iuly, promptly snd fully perfwm~d, d~scha~~ed. execvted. ~ffected, completed, compl~ad with and abided by, then in eifhar or sny such ~wnf tFN a~id ap~
gregate wm mcMioned i~ said promiucry oote th~n remaininp uapaid, with interest acuued, and aN moneys setured hereby, shall becane dw ~~d pay-
able fwthwitly or thereaftet, ~t tAa option of ssid MORTGAGEE, u fully +nd canpletelY +s if all of the said wms of mo~ey were aqin~lly stipulated
to be paid on such day. anythirg i~ said p~omiuory noro or in this MoNgspe ro the contr~ry ~otwithstandinp; and thereupon w thereafter at the option of
•aid MORTGAGEE, witho~t aotits or demand, svit at law or in equity, ther~fon a thereafter bey~n, may be prosec~ted +s if ma~eYs sacur~d MrebY
had tnat~red priw to its instit~tion. -
7. TMt in the event that at the beginnirg of or ~i a~y time pe~diny any wit vpon tha Mortgape, or to foreclose it, w to roform it, or to enfora
payment of any claims herev~der, ssid MORTGAGEE shall apply to the Ca?rt Mving jurisd~nan thereof for the +ppointment of a Receiver, such Cowt iMll
Forthwith appoiM a receiva of said mortpsyed prope?tY a~l and sirgvlu, i~clvd~ng sll and singular the irxome, profits, issws and rove~ues from whaterer
wurce daived, each and every of which, it beinp expreuly undersrood, is hereby morrgaged a: if specifically iet fath and described i~ the ~?antinp and
habendum clauses !+e?eof, and iuch Receiver shall Mve all the broad ~~d effective funct~ons and powe+s In anywise entrwted by~a Court to a Receiver, and
such appointrr.ent shatl be made by svch Gowt u an admitted eq~ity and a matter oi absolute ~ight to said JNORTGAGEE, ~nd without reference to tFw
adequacy or i~adequacy of the value of the property matg+yed or to the sonrcncy or insolvency of ssid MORTGAGOR w the defendams, and that such
renrs, profin, incane, iuues and revenues sMll be applied by wch Receiver sccwd~ng to the lien or puity of saGd MORTGAGEE and the practiu of sucfi
Gourt.
8. To d~rly, promptly and fully p~rfam, dischsr~e, execute, effect. tompkte, comply with and abide by exh and ~very ihe stip~btio~s, ayreements,
condit'ara and covenants in said promissory note and tha mortgag~ set forth.
9. That in the event the ownership of the mwtg~ped premises. a sny psn thereof, becomea vested ie s perwn other thae the MORTGAGOR, the
MORTGACaEE, its wcceuo?s ~nd sssiyns, m+y, ~ithout notice to the MORTGAOR, deal with such wtcessor a wttessor in i~terttt with referente fo ihia
mortyage ~nd the debt hereby setured in the sams manna? ~f with Mwtgsgor withouf in any way vifiatiny or d~scF+~rging the Mortysgws' li~bility hera j
under w ~pon the debt hereby secured. No a!e of the premises hereby mortgaged ~nd ra forbearance on tM pan of the MORTGACaEE or its svaessoa
or auigro and no extension of the time for the paymem of the dcbt hereby secured given by tht MORTGAGEf or itt t~ccessors or usi9rn, shall op~rat~
ro rdease, dixharge, modify change w affect the orginal liability of the MORTGAGOR herein, either in whole w in p+rt.
10. It a spec~fically agreed that time is of the esscnce of this contract snd that no w~iver of any obli9atan hereunder a of the oblipation sa
cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. !
11, In add~tiw? to the forego:ng monthly p~yments of princ"pal and inte?est required by the promisso?y note secured he~eby, mortgsgor covensnb
and ag~ees to pay to mortgsgee with each monthly payment an addirionsl sum estimated by rtwrtgagee fo be equal to 1/12 oT the annwl coat of the follow-
ing:
A-All real property ta:es kvied or assessed against the above described real estate.
B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvemcnts situate on the above desaibed premises.
C-Premiums on wch mwtgage gwnnry insura~ce u mortgsgee shsll lrom t~me to time deem fit fo t+rry on the ban secured heroby.
IE Mwtgagee shall from time to time notify mortgagor in writing of the amount due and payaWe hereuntkr and suth wm shall thereupon be due and
payaWe on the due date of the next monthly payment aod each svccessive month theresfter ur.til mortgagee shall notify mortgsgor of a chsngs in such ~
M amount. Such sums shall be applied by mortgsgee towa~d the payment of real property t~aes, insurance prem:ums, ~nd mortgaye guaranty inwrance ~
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~ pre iwnt. - '
! IN WITNE55 WHER~ ~F, the said MORTGAGOR Ms hereunto set his iwnd ~nd seal the day and year fint aforesaid.
~ Si~ Seakd ~nd li in th~ presMCe of: . 1ji/y -~j
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k `
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~ STATE OF FLORIDA
ST. LIJCIB ~ ss.
courm oF
6ef«• me pe~sona~~ .ppeared George Washington ,,,d
t~oeva Linder Washington w~{e, t, ~„e 111fe~~ k,~,~ ,nd know„ to nne „ b.
the Individvab desuibed in u+d who ~sewted tM for~oirg instrwnent, and acknowledp~d bsfon me that th~y executed the same for tFw pwposes
r~~~ M~, Roeva Linder Washin4ton
wife of th~ Nid George Washington i,po„ .,e~,.r. ,nd p.hr,r.
~ examinaYan by me taken separste and aput from her said husbsnd, ack++owledyed )o and befw~ m~ that she exscuted said imtrumeM freely ~nd volur~
rarily and withaA ~ny compulsion, constraint. ~ppreFKnsion, f~ar of w from her said husb~nd.
~ WITNESS my lwnd ~nd officid se~l t' day of `~une A. D. 19 69
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£ Noury Pvblic in ~nd for Stat~ of Fbrida at Lup~
~ My Commasion s:pinas
~ Return To: ~
•~~•~..::~~~y ~ S~! Of F{Of1di i1 ~
~ Fint fsderal Ssvwgs i loan Aswciatan 7 . t~~~ c`~~~ ~p
~ Of Fort P~erce. • ^~i:, ~ ~f10~ ~+Wa~ +ry.. 23. ,7~
~ ~ v;~«. Fb.~, ` .
~ ~ ANO RECOR~D ~
~ ~ " c: f ILED COUN7 FIA.
~ _ = - S7.lUCIE Y.
~ : ~ . = _ ; _ ~'R FICR
i- , J ~ ~ f;~~r1 V~ ~
This Instrument Prepared By John W. Co31~ni~: J' . ~y~~,rX~A
~ First Federal Savings d~ loan Association ~ Q - . . - - i / ~ ~ rw"~t
of Fort Piercq, Flozida '69 23 ~ 10 ~ 33
~ r , / ~ ~~f~
1`~T ~ " ' ~l'~'S(/w-
Chedced By ,~-piTP.aS
'.0":.:.
~ CLERK CtRCU!? COURT
~ ~sooKs?'8 ~A~E1019 : . .
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