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S. To pi~u and contim+ousN kNp on tM buildlnps ~ov~a MnahN ~ifwb on ~aid land and on a!1 puipm~M ~nd pKSa+ally covK~d by 1N~ ~w!¢ i
q~, wi~h ~11 pnmlumt tl+~~wn p~id in fut1, fin iiuvr~nu in th~ vw+l st+ndud policy form. in ~?um approv~d by tM N10RTGAGEE, and wind~torm ;
tnawu~a in tM usu+l uandud policy forni. in ~ swn ~PProwd by ~M MORTGAGEE. in wch ~omP+^Y ~~Wnia a th~ MORTGA(iEE may
dtr~di ~nd all fk~ snd windstonn daw+na Po1KN+ a^ ~^y O~ M~ ~ildinp~ My Intl~Ht iFM~~in W pitt iFNt~Of, in tM ~pprepa» wm ~fora~W w
te ucaa tMr~of, sh+ll contafn tM wwl standxd mort9+~ clws~ a~uch wha claw~ ~s th~ Mortp~ maY nq~'a~. m+?inp tl» lou vndN s+id pdE
c~.s. Nd+ and .v..y. wr•bl. a wW MORIGAGEE as in intwest may .pp.ar. a~+d each and ~wry wch policy •hail b. pranp~ty ass:~n.d and dttiv.nd ro
~ny h~ld by s~id MORTGAGEE ~s funFw~ a~curiry to said moh~s~ dsbt, ~nd. not I~u tFw+ ~~n l10) days in adv~na of th~ ~xpi~aYwn of ~acl+ polky. to da ~
tiv~? ro aid MORTGAGEE ~ r~w~l th~nof, wpNI+K with a nceipt fa tM pnmtum ot wch ren~walj and tMn ~il b~ no fa~ w win~to.m k?w?w+u
pl~ad on ~ny of ssid bviWinps, ~ny intK~t tMr~in or p+rt tF~wf, vnku Io th~ foan and with tM bss payabM u~forHaidt and in th~ ~v~nt +nY wm
of nan~y b~aa+ws p+y+bb wd+ Po1kY a Pa'~'~s w'd MORTGAGEE shall haw tM optan to recsiw and ~pply tM sam~ o~ accau+t of tM Ind~bt~ }
ness s~wr~d h~r~by a b pKmit said MORTGAGORS w naiw and us~ it or ~ny part therwf for other purposes, wi~hout iF?ereby waivinp a in?p+ir-
irg +nY ~4uih. li~n w ripht ~ or by vhtw of this mortp+p~s ~d it~ tht ~wnt wid JMORTGAGORS shall fa a~y rtason fail to keep ths wid prM+It~a w
ir~sur~d, a fall fo d~liw~ promptly ~ny of said policies of insuru~p ro said MORTGAGEE, a fail prompHy to p+y fullp ~ny premium tl+K~for w in any
r~sp~ct fall b p~rform, d'achar~t. ~x~wt~ eff~ct, comPl~t~• canPly wirh and abids by this cownant, or aey p~h lwrwf, asid MORTGAGEE rn~y pl~a ~nd
WY fa wch Mww~ or ~ny put tMrwf witho~t w~ivinp or ~ff~cti.ip any opGon. ~Nn, pu~t11. or righ~ v.~der a by virtw of this Mortya~. ~+d tM ~
full amovnt of ~ad~ ~nd ~wry wch p~yment sh+ll b~ imm~di~by dw ~nd payabl~ and shall beu interest hom th~ dab thsrwf until p~id at tM r~t~ of
nin~ pu antvm pw anrwen +nd top~tM~ w8h such intere~t si+all b~ a~cvred by tM lia~ of this mort~ape.
4. To p~rmit. oo~+wnit ar suff~r no wast~. MIIPi1fIM11t Of df1KlOf~tlOf1 Of Nifl PfO~tly Of N1y ~1N1 1INflOf.
S. To p+y all and sinpula~ ths costs, ch~r~s and ~xP«+s~~, includug a n+so^+bh ~~wney's fe~ and oosts of ~bstracts of titl~. kKwr~d o~ p~id ~t
any tim~ by said MORTCsAGEE, b~cavs~ a h tM ~v+m of tM f~iiun on the pa?t of tM said MORTGAGOR w duly, promptly snd fuly p~rfor~n, discM~
:xecut~, ~ff~ct, compbt~. aomp~Y with ~nd ~bid~ by ~ach +nd ~vsry the stipul~trons, ayrs~menn, ca+ditioro, and oovenants of said promiswry ~oh and this
morty+p~ +nY o~ ~ithK. and s+id costs. chupes ard eap~nsa. e~ch ~nd every, aMll b~ immediatsly dut ~nd pay~blet whetFwr a not tMr~ b~ ewtia d?
m~od, ~tt~mpt ro oo1Md or wN pandinp; snd tM full ~nount of esch and wery s~?ch p+yrnsnt sh+tl b~~. intere~t f~om tM dat~ tMnof wntll p~id at tM
rate of nirw pe~ untum pa annum; and all said cosq. d++rpp and expenses intwrd or psid, ~opethK v?+th wth intu~st. ~hall b~ utw~d by Nr li~n of thia
b. t7wt (a) i~ tM ~wnt of any breach of thb Mortyap~ w default on tFr part of ths MORTGAGOR, or (b) in tM ~wnt any of a~id ium~ of moe~y
her~in nfKr~d ro b~ not promptly and fully paid within thirty (30) days next after tM iame s~ver~lly becorn~ du~ ~nd p+y~bt~, withouf d~m~nd w notit~.
or tn th~ event ead~ ud w~ry tM stipulations, ~gnsmann. conditions ~nd cown~nn of s+id promissory not~ and tFws mortpay~ any w~itha an rw1
ivly, proenptly uid fully pKfwmed, disch~ryed, ex~curod, ~ffected, canpl~ted, complied with u+d abided by, then b~i~Mr a any such want tM s+id p~
prey~t~ wm mentionad in said promiswry note then remaininp unpaid, with intetest atuved, ~nd all mon~ys sec~x~d Mteby. sh~ll b~oo~M dw and piY
abl~ iwthwitl~, a thereaha, st 1M option of said MORTGAGEE, ss fully ud compbtely as ii all of the s~id sums of money we~~ orpin~lty ~tipul~Md
to b~ p+id on wch d+Y. +^Yt~^D ~~'d P~Of^'uO~Y ^Ot° °r i^ thFs Maroay° to tM contrary notwithst~ndinp; and therwpon or lhereahK at th~ option of
uid MORTGAGEE, without notice or demand, wit at law or in puity, tha+~fon or thsra+her be~~n. m+y b~ Prosecuted as if ~II montys ~cvnd Iw~by
F?ad eytottd priOr ro iri iMtifWion.
7. ihat in ths want that at tl+e beyinninp of or ~t any tim~ perd'inp any wit upon ~his Mwtyay~. w to faectow h. a to rofom~ N. or to ~nfaa r
paymt~t uf any da;ms hereunder, sad 1NORTGAGEE shatl ~pply to the Cowt Mvirg jurisd~c+an thereof for ths appointment of ~ Receiw?, wch Cowt shafl ~
ForthwNh ~ppoint a receiver of said morfyayed prqxrty all ~r?d sinpul~r, indud~ng ~II ~nd singul~r tM income. profib, iuues u+d nwnwt fran wMt~wr `
w~ru duived, each and every ~of whrch, it bein9 exprealy w~ders~ood, ia hereby mort9aped as if spec~fically aet fwth and d~saibed in tM p~antinp ~nd `
habendwn dauses hereof. and such Receiver shal~ Mw atl tM boad and effactive f~nct~or~ and powen ii+ anywise entnat~d by ~ Court ro a R~c~iva. and
such ~ppointment shall be made by wch Cowt ss an sdmined eqvity and a rrana of absolute r'~ght ro said MORTGAGEE, u~d witho~t r~fNMq ro th~
adequxy or in~dequscy of the vslue of the p~operty mwt~a9ed or to the sohency or insolvcncy of said IYIORTGAGOR a tM defendann, u+d th~t wch
rents, profits, i~come, issues ~nd revenues ~hall b~ ~pp~iad by such Receiver ~ccwdiny to tAt lien or pviry of said MORTGAGEE and the pwctia of such
Courf.
a. To duly, pranptly ~nd fully p~rform, d~schar~. ~xecute, effect. compkt~, oomply with aod abide by ssch and ~vKy tlr stipubtian, pnaenN+ts,
conditiom and toven~ati in ssid ptomissory eot~ and this mwtya~ set forth.
9. That in the eveM th~ ownenhip of tM rtw~tysQed premisa, a~ny put thereof, beooreMS wsted in • pason otMr th~+ tM MORTGAGOR, tM
MORTG/1GEE. Hs succeswrs and assipns, m~y, without notiu to tM MORTGAOR, de+l with such woteatw w successw in inttrest with rtft~enc~ ro tha
,ne,~pap~ u~d the debt hereby aecu.ed ;n tM sarr~ m~mer as with Nbrtpapa wirho~r in any way vAiarirg w dixha.yirg tM Mwtyapors' (i~bility h~.~
und~r a upa+ the debt hereby secured. No s+b of th~ premises hereby mort9+~ed u~d eo fabaar~nce on the p+rt o( ths MORTGAGEE w its wcaswn
or assipiu s~+d no e:iension of tl+e time fw ttw payment of tM debt hereby secwed yiven by tM MORTGAGEf w ib sucuswn or ~ugm, shall opu~»
to r~M+~s~, d~xhar~. nadify ch~rg~ or affect the original li~bility of tM N10RTGAGOR Ix~~L~, tithN in whol~ or in part.
10. It is specifiully apreed that time is of tM ess~nc~ of thia consract ~nd th~t no waiv~a of any obfip~tion htreunder or of tt» obliy~tion s?
cv..d h..sby sl+.li a~ .ny Nm~ thaesh.r b~ Mld ro be ~ wawN oT ?hi wf?~ lii~f ~iF af'tM imtrwnent s.a,red herby.
11. In addiYan to tfie fwego:ng monthly paYme~ts of prioc:pal and interest required by the promiswry nore secured herebY, n+ortyayo? townar?ts
and a~raes to pay a mortgayee with each momhly payment sn add~tiooal sum estima~ed by morty~ee to be eqwl to 1/12 of the ~nnwl cost of tM fol{ow-
ing:
A-All re~l property taxd kvied w assessed against the above describcd real estate.
B-Premiums on fire and windstwm inswance as herein requ~red to be urried on tlx improvemerri sitwte on the +bove dewib~d ptunis~s.
C-Premiums on wch mortg+ge gw~snty insurance u mortgspee shall from t~me to time deem fit to urry on the Iwn secured Mreby.
Mottpagte shslt from fime to time notify matga9or in writing of tht srraunt dve and paysble he~eunder a~d suth wm shsll theraepon b~ dw snd ,
paysbl~ on the due date of the next monthly payment and each succeuiw month thereaher until mwtqsyee shsll ~?otify mortgapor of • ch+rg~ in wd+ '
amount. Such wmi shall be spplied by mortyspee tow~rd the payment of real property taxes, iravrantt prem:wns. ~nd morty~gt ywranty itavrar~
i Premiums.
i IN W NE55 WHEREOF, ths said RTGAGOR has herw~ro iet his hand and se~~ the day year first afwesa' .
~ SNI~d and I' in pr r~..~' ~
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~ ilZR~~1.~ Cs..4
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~ STATE oF?Bp00~ NEW JERSEY ~
OCean '
~ courm of
~{a~ ~ p~~~~y ~pp~~~ T imOt h v W i 11 i*~ c and
Sarah Lee t;Tilliams h;, w;f~, ro me w.ll known snd known w en. a b~
M+~ individwb d~wibd in ar?d who ex~wt~d tM for~poinp instrumant. ~nd atkrwwledp~d btfon m~ Ih~t th~y ~x~cutd tFw iatrn fa th~ pwpos~t
' NNrOi~l lx~Mfld. Ard tlff fbJ Sarah Lee ~•:illiams
~ wif• ~ ~ ~,b Timothy W illiams _ . ,.p.,~. ,.,d p~„~
~ •xwniewtion by rew bken wparste ~nd aput from her s~id h~sb~nd. acknowl~dped to ~e~d befa~ m~ that sh~ ~x~cvt~d s~id irotrum~nt h~ety a~d vOlYr~
~a.iy and witFa~t aiy compvlsion. c«+straint, ~~h~roio~, or ha of or from hu said h~aband.
# wRNESS my h.ed .ea offki.~ tha~ d,y of J e o. 19 69
~ FILED AND R -
e~ ST. LUCIE COUNTY. F`+•r K~ s+.M '~t~ .78RSEY `
~ RECC~RD VERIFIEQ r c«~~ - : .
RNwn Ta EW . E SE71 • n ~
~ ~ F.d...~ s ~ ~.t~, jgO144 r~o~n~Y ~uB . . . ,
~ Of Forf Piertt. ~ ~ My Gortunission ExAires Jan. LQ~1~•.?'
~ ~ P».«. F~.~. '69 JUL 2 ~M 10 • ~ - ~ ~ ~ ~
. 0~, P tTRAS
~ This Instrument Prepared By Richa~~~K T COURT;
~ Fint Fsderal Savings b loan Association .
of Fort Pierce, Florida
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~ Checked By
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~ ~ ~ ~78 ~i~0
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