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3. To plac~ and contiouou~ly kNp on th~ buiidinp~ oow or Mr~afiK situat~ on saW tand ~od on all eq~lpm~nt a~d p~rw~wlly covK~d by thts mor~
p~, with atl pnmiums ther~on paid in fu11, fk~ i~su~anc~ in the wwl standi.d policy forn~ in a ~um ~pprowd by tFr MORiGAGEE. ~nd wincl~to~m
~iaw~na In tM v~wl ~undard poliry torm. in ~ wm ~pprowd by th~ MORTGAGEE, in wcl+ tompanY or oompaoi~s as tl?~ MpRTGAGEE mar
db~ct~ and ~II fir~ a~d wi~bwrm imuw~ policNS on ~ny of said buiid~ ~ny inr~.~st rher~In or pan the.~oi~ in tFw aQyre~~~ awo aiaeald or
!n ~xnas t!»r~of, ~hall confab tM uswl standud matqa~ dau~ w wd+ otha daus~ at Hw Matyape~ maY ~puin, makinp t1+~ bu w+dN said poii~
ci~s. ~ch ~nd ewry. p+Yabl~ to »id MORTGAGEE as in inta~st maY ~pp~ar. and sach arwl ~vKy such poficy shatl b~ promptly ~ss:yn~d and deliwr~d to
any Mld by saPd MORTG/IGEE as fv~thtr ~earrity to said matyap~ debt u~d, oot I~s than ten (10) days in ~dvano~ of tM ~xpir~tion of e~ch polky. a dr
livK ro aaW MORTGAGEE • rK+ewal tMrwf, tc~thq with a receipt for tM premiwn oi wch rer~walJ and tFwr~ sMll b~ no fir~ w wind~torm ie?wwna
plaad an ~ny of wid buildirgs. sny intersat thewin a put tharwf, unlau ie th~ form and witA tM los~ payabl~ as afo+taaidt and in fh~ ~wn~ any awn
of mon~y becon~s payabl~ w+de~ s~ch polky or policsss said 1NORTGAGEE shall hiw tM option to r~oeiw and ~pply th~ s~++e on accovnf of 1M ind~bted~
n~u ka?ncl hx~by w b pKmN said MpRTGAG01t5 ro rtoeiw and us~ i1 w any put th~reof for other purpozes, wi~hovt t!?t~eb/ waivi~~y w irtyfair-
inp any eq~ity, li~n or ri~ht undtr or by virtw of tha mal~spej ar~d in tiN ~vent said MpRTGAGORS ihall fw ~ny reason f~H to keep th~ uid pnmise~ sp
i~ur~d, o? fait b ddivs~ promptly u?y of said polities of i~svru~ to ssid MpRTGAGEE, or fail promptty to pay fully ~ny premium tMrefo~ o? i~ any
respect b11 b pNfonn, discharys, execute. ~ff~ct, compk% comply wir~ snd abtd~ by fNs covenant. or any pa?t l~~of, said MORTG/aGEE may pl~ce ~nd
paY fa such Irawar?o~ or aoY p~rt tMreof withovt waivinp or affactkp ~nY optipy li~n, aqu;ty. or ~i~ht ue~dN o? by virtw of this Mat~p~. ~nd th~
full Mnouet of tad~ ~nd ~very wch payrMnt sMll be irrrnediately due uid pay~bl~ ~nd th+ll beu u+rerest f~wn rhs dan rAcrwf ~n~il paid ~t r1w rah of
nine per cMtum pK aonum and toyethe~ with such int~rest shall be secvred by tM 1'wo of tfiis mat9ap~.
To pamit, oonwnit or suffsr no wsit~ impairm~nt w detKioratan of ssid propKly w any put therwf.
S. To pay all and sirputu tF+e ms». clw?yes and expen:es, indudinp ~ resson~bl~ ano.ney'~ fes and ooits of sbthac~s of titl~, incvrced w paW ~f
a~Y b1? s+id MORTGAGEE, Mcavss or i+? th~ event of the f~ilun an the p~~t of tM asid MORTGAGOR to duty, promptfy and ivNy perform, discha~
execute, sffeq, complet~, comp)y with u~d ab;ds by each ~r+d every the stipulations, agreeme~ts, cond;iions, ~nd coverWnq of s~id promiuory ~wte ~nd ~hi~
mort4~pe ~ny ot eithsr. and said tosy, tMrpes ~nd expenses, each and every, sMll be immediately dw a~d paysble: whether or ~ot ther~ be ~otice d~
msnd, ~ttempt fo ooll~cf ot wit pendinq= and tM full art~o~nf of each and swry svch payrtKnt shaq beu iMerstt from ti» daM tl~eof until p~id N tht
rate of nin~ per cent~m psr annum; and all said cosls thuges and expenses inaNred or p~id, together with such intsrett, sh~ll b~ sacured by th~ 1'an of ihif
morlpapw
6. ih~t in the ~wnt of any breach of this Mortysg~ w defwlt on tM part of the MORTGAGOR, o~ (b) en the event ~ny of said sw~s of montr
heroFn r~fe~rad to ba nof ptomptly and fully paid within thirtY (30) days next afte? ~he sa,,,~ sevaraliy becwne dw and paYaW~, wi~hou~ dsmae~d p~ no~ice.
or in the event each and ~very ths slipulatian, agreemenb. condiians and coven+nb of said promissory ~ote ~nd th~s m~xt~ay~ any or sither an nol
ivly, promptty and fulty performed. d~scMrged. exscuted, elfected, completed, complied with u+d ~b+ded by, tMn in e~ther or aoy such ~veM tM ~aid ap~
yrrgst~ wm mentaoed in said promiuay nots the~ remaininy unpaid. with interast acuued, and all moneys secv~ed hereb~. shall betpn~ dw and pay~
able twthwith, or thereafter, at the option of uid MORTGAGEE, as fvlly ar+d compJetely a~ if all of the said sums of mw~ey were or~pinatly st~pulated
to be paid on such dsy. a~ythinq in aa~d promissory rwte a in this Mort9aye to tM contrary notwithsunding; and thereupon or the~eaher at ths option of
said MORIGAGEE, witho~?t notice or demand, wit it law or in equity~ 1F1tflfOfO Of 1F1liNNH begun, may be prosecvted ~s if ali mo~eyt secured hereby
had mah?red prio~ to iq irotirirtion.
7. That in the eve+~t that ~t the begieniny of or at ~ny time pending ~ny wit upon this Mortgagt, or to fweclose N, or to reform N, or to enfwa
payment of any daims here~nder, s~id MORTGAGEE shall apply to the Coun having jurisdiction thcreof for the sppantment of ~ Receive~, auch Court shsll
fwrhwith appoint a receiver of iaid mwtyayed prope~ty a!) snd sinpulsr, irxtudug •II and iinqulu the income, pro(~ts, issuea snd r~venws from whatever
source derived, eacF? and every of which, it beinp expressly undersfood. a haeby mastgaged as if specifically set forth and dacribed in ths ~~antinp and
habendum clavsea hereof. and wd~ Receiver shalf haw sfl the bro~d and eHective funct~«u and powers in anyN,ise enpusted by a Court to a Receiv~r, and
:uch ~ppointment shall be made by svch Court a an admitted equ~ty ar+d a matte~ of absolute ripht ro said MpRTGAGEE, ~nd without reference ro tFN
adequ~cy a in~deqwcy of ths vslus of the property mortgaged or to the swrency or ~nwlvcncy of said MORTGAGOR or the defendann, and that such
rents, profits, income, asves ar+d reve~ues sl~p be applied by wd~ Receive? accordinp to ths lien or puity of s~id MORTGAGEE aw! the practiu of wch
C:ovrt.
8. To d~ly, promptly and fully perform. d;sct?ary~e, execute, effect, eompkte, oomply with and sbide by sach and every the stipulatio~s, a9reemeny.
conditions ~nd covenanq ;n said pran;ssory note and this mortyage set farh.
9. ihat in the eveM the ownenhip of tM mong~ged prcm;ses, or any part tF+ereof, becomes y~sted ,in a paaon othsr th~n th~ MORTra/1GOR, th~
MORTGAGEE, in wccesson and assi9ro, m~y, w;tlw~t ner;ce to the NIQRTGAOR, deal with such suc~eswr w s~itcesyq io ;nterest wirh reie.ence ro thia
mort9aye snd the debt hereby secured i~ tht same manner ~s with JYtortyagor witlwut in a~y way vitiatirg or diuF»rQiny tha Mort~syws' liabiiity hen.
under w upon the debt hereby secured. No sale of the premisea F?ereby mwtyaped and no forbearance on the part oi tMe MORTGAGEE w ih successon
c. auigns and no exrension ot the time fw the payment of the debt hereby secured pivM by tf+e MORTGAGEf or its succ~syoa or usyns, shary op~r~t~
ro relsase, discharye, modify ch~rgs or affect tM original liability of the MORTGAGOR herein, eithe~ in wlals or in put.
10. It b spec;fically agreed that time is of the eucnce of this contr~d and that no wsiver of any obligatae~ hereunder or of th~ obliyation te~
cvred hareby shall at ~ny time thereafter be held to be a waiver of the terms hereof or of the ir?strwnem secured herby.
11. In add~tion to the fwego:~g monthly payments of princ:pal and interest req~~red by the promiuory note secured hereby, mortpsgor covenants
and ag~ees to pay ~o mortgagee wifh each monthly payrnent an add;~ional sum estimated by mortgagee to be equsl to 1/12 of the annual cost of the folbw-
ing:
A-Alt real property taxes kv~ed w assessed ag~inst the above descrit~ed real estate. -
B-Premiums on fire sisd windstorm inswance as herein requ~red to be carried on the improvements situare on the abovt desaibed premisea,
C-Premiums on such mwtgage ~wranty inswance ss mortgspee shall from time to time deem fit to c+rry oe~ the loan secured hereby,
Nlwtgagee shatl from time fo time notify mortgagor in wr;ting of the amount due and payabk lKre~nder and such wm shatt thereupon be due and
Fayable on the due date of the next monthly payment and each successive mo~th theresfter u~til mo~tgagea shatl notify mortgsgw of a change in such
amovnt. Such sums shall be applied by mortgagee toward the payment of real property ta:es, inwrance prem:wns, and mart9~e 9wranty inwr~~
pre+nivms.
IN WITNESS WHEREOF, the s~id MORTGAGOR has hereunto set his hand and seaf the day year fint ~ asid.
Sipn~ Se~ted and d lirere in the p?eienc~ of:
~ ~ ~
1 D
~
STATE OF fLORIDA ~
courrrr of St. Lucie '
6~f«~ me p~raoM(Iy ~pp~and - .TOZIA L• '1liornbur~h
B~tty 1liornburyh w~f~, ro ,~,~u k„o,~„~ ,~,d ~ow,? m ,o b.
rhe individwts desaib~d in .nd who ~x«uted th~, forpoirp instrw~wm, ~nd acknowladped biefon me tl?at tf+q ~~ucu~ed tFK sarrw~ fo. the purpos~a
.~w•s••d. ~?~+d a+. ..~a B~ttv 2hornbuzah
wii~ of th~ wid J0~1fl L. '1'~fOtilb ~tr~ a M~~TM
r:~mtnation by m~ taE~n separ~t~ Md sp~rt ttom Mr said hvsband. ~dcnowi~d~~d b+nd b~fore mt Mut ah~ execvtad said ir~trvmenf 6~+lr ad volwr
ta~ilr and without a^f~ comPu~sion, tonstraint, +PDr~hMa;on. ot fear of w from Mr wid lwsb~~d.
WITNESS my hand and official seal thii / ~ ,~i day e( A. D. 19~~
' Mot+ry PyWk u+ ~nd fw t!r 51ate of Florida ~t l~rQ~
R~Nrrn Toc `~~t?utc~~?q~j, . ~1/ C~ss'an ~upire~s
firtt Fad~rsl Savirg~ ? loan , ' ~ -
.r~~ ~iry S~ ~ AOfI~ ~ ~N'~
, AtsOCiNtiOn r ,
r .
a F«. PK.n. ; W Co~w's~ f~i~s S~pl. 23. 1969
fo.t Pie.u, fbrid. 4~'- ~~M b ~rdw Fw a Cw..r~ e~ s
= ~ e~ _ - FILEO ANO RECOROEO
' • - 's E- ~ ~ ST. LUCtE COllNTY. FLA.
: f ; , - • ' f,-~~R^_• VEiiIF~ED
~ _J..,
This tnsirument Prepared By .Tohn W. .Q~Il~p~ Q., , 18~
_ _ ' : ~
First Fed~ral Ssvings b losn Association ~
' of Fort Pierce ~ Rlor ida t~'`; ~09 ~U~ ~ ~ ~ ~ S 7
Chedced By L~
•:0~;;~? %Oj~tP~S
CIERK C~RCUIt COURT
~ ao~ 1?8 ~ti: 2120
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