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3. To plx~ and continvo~sly ke~p on tl+~ buildi~ ~ww a 1+~rsahK Ntwt~ on iaid la~?d and on ~II equipmtet snd pKSOn+lly mvered by this mwt~ ~
~g~. with dl premi~ms Ihereon pa~d i~ full, fir~ intur~nct in tht usu~l stsndard policy tor~n, in a ~urn +pprowd by the MORTGAGEE, snd windstwm
Insvr~nct in ths uswl ~t~rtdard policy form, in ~ swn ~pprovtd by tAe MORTGAGEE, in such company w companies as tM MORTGAGEE may
dirsttt ~nd all fire ~~d wirKhrorm insuranc~ poiicies o~ ~~y of taid buildinys, sny intis:r~t tFwrein o? part thereof, in IM sy~~ep~te wm a(ortsaid w
In ~xcess thereof, shall contain tM uswl standud mortga~ clsus~ or iuch o~ha clavss ~s tM Matp+~e~ m+y ?equ~~t. m+kinp tM b~i under said pol}
cies, each a~d every. paYable ro uid MORTGAGEE as its interest may ~ppea?. u+d each and ~very ivch Pulicy thall bs pramptly su:yned and delivered to
~ny held by wid MORTGAGEE u fu~ther ~ecuriry to said mortpa~e debt, snd, not I~ss tMn tcn (103 days in advancs of 1F+t expir~tion of e~ch policy, to dr
liver to said MORTGAGEE a renewal the~wf, tope~ha with a receipt fw the premium of s~ch rer?ewsl; a~d there shsll be no fire or winditwm inwranc~
plattd on ~ny of said b~ildings, any intaeat there+~ or part thereof, unleu in tM form s~d with tM loss payable ss afwessid; and in tF» event a~y wm :
of ma~sy becomes payable under such poliq a policies said MORiGAGEE shall Mve the op~~on ro reteive and apply the s~me on sccount o( the indebted- j
neu iKUrtd hereby Or ro permit said MORTGAGORS ro rcteivs and ~s! it Or any part thereof fa other purposes, wilhout tha~eb/ waiving o~ impair- ~
iny u~y equity, lie~ or rghl w~de~ or by vihw of this morty~ges snd in t}N went said MORTGAGORS shall fw any reason (ai) ro keep the ~+~d prem'~ses so ~
ins~red. a fail to deliver pcomptly any of wid polities of insw~nce to said MORTGAGFE. w fail promptly to pay iutly any premium therefw w in anY
respect fail to pafwm, dischu9e, execute, effed, complets, comply wi?h and ~bide by tl~is covenant, or ~ny pa?t hcreof, said MORTGAGEE may pl~ce and
paY fa :uch inw~ancf or +ny pan thsreof without wsivinp or ~ffsctinp ~ny option, lien, equity, a right unde. or by vinw of this Mat9aq~. ~nd the
full amou~t of each and every such payment shall be immediatety dw srid pay~ble and slwll bear inte~est from ths date thereof until paid a1 tM r~t~ ot
nine per centum per annum and together with s~ch interest shall be secured by tM lien of tnis mortpaye.
1. To p~rmit, commit or wffsr no wasts, impa'ument or deterioration of said property or a~y put tl~ereof.
5. To pay all and slrgulu ti+e cosn, charges snd e:per+sss, includirg + reasonable s»orney i fee snd costs of abstracts of title, incuned or p+~d at
any tims by wid MORTGAGEE, because or in 1F~e evant of the failurs on the part of the s.:' MORTGAGOR to duly, promptly ~nd fulty perform, dischsryyR
execute, effacl, complete, comply with and ab~de by each and ev~ry the stipvl~~ions, sgreemenn, condit~ons, snd covenants of said promiuwy note ~nd this
;nortgage any or either, and u~d costs, char~es a~d e:penses, each and every. shall be immediately dw and payable: whether w not there be notice d~
mand, ~nempt to collett w wit pend~ng; and the fvll anwunt of eac?~ and eve?y s~?th payrt?eM shall bea. interest ftom tM date thereof until paid ~t the
ra~e of ni~e pe~ centum per an~~um; and all said cosn, charges snd expenses incv~red or paid, together w~th such interest, shall bs secured by the lien of this
mortyay~• :
b. That (a) in the event of any breach of this Mortgage w defaull on the ps~t of the MORTGAGOR, or (b) in the avent any of sa~d sums of monsy
herein referred ro be rat promptly and fully paid within thirty (30) days ~ext after the same severally betome d~e and payable, without demar+d or notite,
or (c) in the event each and every the stipulations, ~greements, conditions and covcn+nts of ssld promissory note a~d th~s mort~sye any w eit}+er ~re no1
iu~y, promptly aod fully performed, dixF»rged, executed, effected, completed, compl+ed with and abided by, then in e~ther or any such tvent tM aid aQ~
gregate wm mentioned in said promiasory note then remaining unpaid, with interest acuued, and a1t moneys srtured hereby, sh~ll becwne due ~nd pay~
able fwthwith, w thereafte~, at tl+e option of said MORTGAGEE, ~s fully ard completely as i! sil of the said s~ms uf money were wgin~lly stipvlated
to be paid on such day, anything in said p~omiuory note or in this Mortyage to the contrary notwilhstsnding; and thereupo~ w thereafter at the option of
said MORTGAGfE, without ootice oi demand, suit at law or in equity, therefore or thereaitH begun, may be prosecuted es if all moneys secured hereby
had mat~red pnor fo its instituteon.
7. That in the event Ihst at tl?e beginning of or st any time pending sny suit upon this Mortgage, ot to fwetlose it, o? to reform it, or to enfwo~
payment of any claims hcreunder, said MORTGAGEE shall apply to tlx Court having jurisdiction thereof fw the appointment of a Receiver, such Court sMll
Forthwith sppoint a receiver of said mortgaged prope?ty all ~nd singulsr, includ~ng all and singular the income, p~ofits, issues and revenues irom whatever ti
wurce derived, each a~d every of which, it beinp expreuly understood, is hereby mortgaged as if specifically set fwth and destribed in the pranting and
habendum ctauses hereof, and s~ch Receivea shall FNVe ~II the broad and cffective funchons and powcri in anywise enlrvsted by a Court to ~ Receiver, and
~uch appoi~tment shall be made by wch Court as sn admitted eqvity and a matte~ of absoiute r~ght to said MORTGAGEE, and wi~hout refereoce ro the
adeqvacy w insdequacy of tlx value of the property mwtgaged or to the sotventy.or•L~w~vency oi said MORTGAGOQ w the deFendants, and that such
rents, profih, intune, iu~es and revenues shsll be applied by s~tlt Reteivar atcording to the lien w equity of said MORiGAGEE and the practite of such
CouA.
8. To dvly, promptty snd fully perform, diuharge, execute, effect, complete, ca^~ly with ~nd ab+de kly~{a~d every the stipulations, sgreements,
co~ditions ana covenants in sa~d promiuory note and this mortgsge ut forth.
9. That in the eveM the ownership of the mortgaged premises, or any part tF~ereof, hecomea vested in a person oM~er than the MORTGAGOR, ihs
MORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal with such succesaor or successor in interest with reference to this
mortgage and the debt hereby secured in the ssme manner ~s with 14brtgagor without in any way vi?~ating a d~xha~ging the Mwtgagori liability hera
~nder a upon thc debt t?ereby secured. No sale of the premixs 1?ercby mortgaged snd no forbearance on 1he part of the MORTGAGEE or ib sutcessors
or auigns and no extension of the time for the payrnent of the debt hereby secvred given by the MORTGAGEf or its successors or auigrn, shall oper~te
to release, diuharge, modify change w affect the wiginal liabil~ty of ~he MORTGAGOR herein, either in whok o? in part.
10. It is spedfically agreed that time is of the esxnce of this contrsct snd that no wsiver of any obGgation hercunder or of the obligatan ~e-
cured hereby sFiall at any time thereafter be held to be a waiver of the terms heraof w of the instrument secu?ed herby. f
In add~tion to the forego:n9 monthly payments of prin~ pal and interest required by the p~om~ssory note secured hereb , s
and agrees to pay ee with each monthly payment an add~~ionsl sum est~mated by mortgagee to be equal to annual cost of the follow-
ing:
A=AII real property taxes levied o~ assessed agai~st ew..d cribed re .
I B-Premiums on fire and windstorm iosurance as hertin ? carri vements situate on the above dexribed prtmises. '
' C-Prem~ums on such mortgage goaranty i as mortgagee shall from t~me to time deem fit to e loan secured hereby. ~
~ Mortgsgee shall from time notify mortgagor in writing of the amount due and payable hereunder and svch wm s u be due ~nd ~
~ payable on ti?e due da e next month!y payment and each successive month thereafter until mortgagce shall notify mortgagw of a c h
; amount. Su s shall be appiied by mortgagee toward the payment of real property taxes, insura~ce prem:ums, and mortgage guaranty insurance ~.i
~ r •
~ IN WITNESS WHEREOF, the wid MORTGAGOR has hereunto set his hand and seai the day year f' st s(wesaid.
E
~ s~„~a, s~ai~a a~,d d~sY~.~a rr,~ a~~~ or: F1LE0 AND RECORDED
ST. LUCIE COUNTY. F ,q
~ F E ~~n9~j~F '
5 ~ N n 4
~ Sea~
~ ~69 ~ura 2~ ~ ~ ~ ~
~ STATE OF FLORIDA ~ , _
Lucie ~
~ counm oF St. ~ .
~ Befwe me penonally sppesred H ~l R~; ~ Z• and
N~ilie L• Bi his wife, to me well known and known to me to b~
~ the individwls described in ~nd who execwed the for instrunant, ~nd scknowledped before me tlwt they executed the wme fw the purposes '
N~~1 i~~ L. Blankasbaktr ;
rheroin expressed. And the sai ~,,.1. i
~ wife of ths said H..y.` R• Bl b~kot ~ S!• f upon a separate u~d pr'nat~
examinaiwn by me taken separate and apart f~om her said Fwsbend, ~dcrwwledged lo and before me that ~he executed s~id instrumeM treely and volurr
~ rarily and w~thovt any compuision, cautraint, apprehens~, w fear of or from her ssid husbsnd.
' WITNESS m hsnd snd official seal thi. y da of A. D. 19_~
y sL r
~
r. . Notsry Pubt' n and or the St te of florida at luQ~
" My Comm" ion expires: J 7/
~ Return Ta
Fint federsl Savings 3 loan Association ~:-~ttt:iiFttt_, N~{~ S~~,i p~ ~ it ~
Of Fort Pierce. •~.:~~~1:"-'~ ~tll{SSI011 C•w•••" ~y. 6 yll '
~ . 1iAr M~A4
~ , Fort Pierce, f lorida = V v.•• - • e~~ ~ i tas~t ~
~
~ . y ~
~ " ~ ; : ~ _ • AND RECORDE~~ F
~ .
~ri
~ This Instrument Prepared BY 't~ O`~~ ~ d _ T~~~~CIE COUNTF ~p~'
~ First Federal Savings b Loan Association ~";~C~ . S p~.~pZ7 VE~ti•
of Fort Pierce • O.' l~
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~ ~ ~ - ~ - 4'~
~ Checked By rti~t~Ard.K+ ~o~t , . ~ ~69 ' 6 ~ ,O •
~ S~1I~~~ A16f vi'~ ~ ~ ITRHS
800K~ ~V A4CE~~ ~ CLERK CIRCUIT COUR'f~ /qQ~
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