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To plaa ~nd conUnuoushl ~P on ~h~ buildinps now a M+NftM ~i1wM oe~ said (and ~nd on dl puiprtwnl u?d ptrion~lly oove~ed by ihis nw~1Q' ~
~ with ~11 pnmlwns therwn p+~d li? ful4 fin intw~nc~ in tM ~swl U+ndard polity to?m, in • swn ~pprowd by tM MORiG~GE
OR ~~irE ~Y
inswana in tM uswl ~tand~~d policy fain, M a swn spp~owd by th~ MORTGJIGEE, in wch comp+nY w oomp+nies
dlnctt ~nd ~II firt ad windstorm inwwna polkisa on aoy of Qid b1111di1pt` MY Gltffql IFN~fG1 Of PN1 1FNtlOI, in tM apyrey~t~ we+ ~forsssid or
In ucaa 1Mrwf, tMll cont~ln tM uswl uandud morty+pM claus~ w such otha daus~ a 1M Mat~apN m~y ~pvin, m+kirq tM loas ~ndM said pdF
cia. ~ad? and wKy. paYabl~ M~+id MORTGAGEE as in inttnst may ~pp~ar. ~od Nch and ~very s~?d~ Po~icy sMll b~ promptly ~u:9n~d and dslivaed lo
iny MW by aid 1NORTGAGEE a fwther sewrity to said monp+p~ dtb4 and. nW bs~ th~n ten (10) days In ~dv~nu of tM txpir~tion of ~aci~ politY, ro dM
IivN w s~id MORTGAGEE ~ rernwal th~rwf, topstl+N with • roceipt fa tM p+em~wn of axh renewalJ and tMr~ sF+all bs oo fer~ w windst«m ir?w~~nu
p~~ad cn ~ny pf sak! b~ildinps, any interett thKein or p+?t tMraof, unless lo tht iorm ~nd with tl+~ bss payabl~ ~s ~fwesaidt +~d ~ tM ~wnt anr ~wn
~~qn~y ~mq paYabl~ ~n~ such polky o~ pclicies~ ~aid MORTGAGEE ih+ll haw tM option ro racetw snd apply the sun~ on accovnt of th~ ind~bted
n~ss stcw~d hK~by a a permit s~id MORTGAGORS ro receiw and us~ N ar any pu1 thereof fw othe~ pwposes, without thereb/ waivi~~ o~ impsir-
inp ~nY puiry. lien w right uncler or by virtus of this mortpapet u+d 1n tM ~vent s~id AAORTGAGORS shall fw u?y nawn fail to ke~p the aid pr~miset w
insw~d, w fall b d~liw~ praoptly any of s+id pol~cies of iruu~anc~ to s+id MORTGAGEE, a f~il promptly fo p+y fully sny pr~mi~m the.efor or in any
nsp~ct f~tl w pNfam, d'eschuy~. ~x~cut~. ~ffM. complefe, comply with u+d ~bid~ by this covenant, a ~~y p+~t Mteof, wid MORTGAGEE may pl~oe ~nd
WY fa such Irowu~p or u+y put tMnof without w~ivi~+p a affectinp ~nY cP~ion. ~Nn. eCuity, or right w+dar a by vktw of this Matpaps. and tM
full unouot of ach ~nd ~wry wch payrtw~t sh+tl M imrnediately dw u~d p+yabb and shall besr interest from tM da» thereof until paid ~t t!w raro ~f
nirk pu antum pK amum and topather with such inte.est shall be s«ured by tM I'Nn of tha mwt~aye.
4. To pKmlt, oomndt o~ wffa ~+o wsite, impa'vment or dete:araran of aid prop~rty a any part t1~e.~of.
S. To pay all ~nd sh~pular tFw cos», cIM?~s~ ~d expenses, includirg + rs+sonsble strorney's fe~ snd cosn of abstracn of title. irKUrrad o~ paid at
any tLr» by said MORTGAGfE, beca~rae a in N+s ~wM of the faitwe on the p+rt of 1hs said AAORTGAGOR to duly. promPtly and fvlly perform, d'~scharge~
execvt~, ~ff~c1, complet~, comply with and abid~ by ~ach and every the itipulations, ~yreemenri, condirions, •nd covenann of said prom~uory oot~ and ~hN
+~Y or eitM+. u~d said costs. cMr9es and expenses. each and every, sh~ll be immedi~tely due and payables whether o? not ther~ b~ notice da
mand, ~ttempt to oollecl or wif pendirg~ and tM f~ll arraunt of tach and we~Y wd~ PaYment sh+ll bsu interest fran the dat~ thKeof until p~id at the
rate of n'~ne pe~ c~++tum per anwm; a~d +11 iaid costs, char9es uu! eapensea incwnd or Mid. tope~har w~th wch interest, ~hall b~ secv~ed by tM li~n of thi~
~p+~ r
6, llwt W ie the ~wM of ~ny breach of this Mortgaye w defwU on the part of the MORTGAGOR, or (b) in the avcnt any of s~id wms of mon~y
l+erein r~fen~d ro b~ not promptly and f~lly p+id within th~rty (30) days oext afta tl+~ same severally becara due snd pay+bl~. withovt d~mand w notiu,
or in ths ewnt each u+d every the stipulations, agr~em~nts, condiYans and coven+nb of ssid pramiuwy note and th~s mortpa~e anY or eitl+e? an o01
iuly, promptty and fully p~rformed, discharyed, executed, effected, compkted, canplied with and abided by, then ather or any wch svent tM s+id
yre9st~ wm meota~ed in said promasory note then remainirg unpaid, with interest acuued. and ~II ma+eys secured 1~ereb~. ~II beconw dw ~nd paY
sble forthwith, w thereafter, at the option of ssid MORTGAGEE, ss fvlly and canpktely ss if all of the wid wrt?s of money were ori~in~lly st3putated
to be p~id on wch day. anythirg in said promissory note or in tha Mort9sge to ths contrary notwithstandir?g: and thereupoo or thereafte~ ~t the option of
ssid MORTGAGEE, without notit~ or tkmat+d, wit at law or i~ puity, therefwe w there~fter begun, maY be proxtuted as ii sll ma~eys s~tvrd hsreby
had rt?~twed priw ro its imfitvtioe.
7. That in the evee+t tbat d th~ beyinninp of or at u+y tim~ pendinp ~ny wit upon this Matgsg~, w to foreclot~ it, or to refornn It, w to enfora
paymem of aey claims hereunder. said MORTGAGEE shall spply ro the Coun hsviny jwisd~di«+ thereof fw the sppantment of • Receivar, s~ch Cou~t sh+ll
forthwith ~ppoint a receiver of said morfpaged p~opeAlr all snd siny~lar, includmg all and si~gulsr the income. p~ofits, iuws and r~veouts froin whateve~
souru derived, ead+ and every of which, it beirg expressly ~ndersiood, is hereby mwtgaged as if spec~f~cally xt fw~h a~d described in the pr~ntirg and
habentlwn davses hereof, and s~ch Rec~iver shall 1?~ve a0 ~he broad and effective f~nct~ons and powe?s in ~nywise entrvattd by s Cou~t to s Receiver, ~nd
wch appointment shall be made by such Covrt as ~n adcnined equity and s m+1ta of absolute right to said MORTGAGEE, and withoul referenc~ ro tF~
sdequxy w Inadeqwcy of the wlue of the properry mwt9aged w to the sonrency w insotvency of said MORTGAGOR a the defendants, and that svth
renrs, profits, irxrorne, isiues and revenu~s shsll be applied by such Receiva accwding to the lien or pviry of said MORTGAGEE and the practic~ of such
Court.
8. To duy, promptly snd fully perform, discharge, execute, effecl, complete, con+ply with and abide by sach a~+d every tM stipulations ~greemcnts,
cwulitions and coven~nts in s~id promissory note and this morigage set fath.
9. That in the event the ownenhip of the mortgsQed premises, or any part thereof, becomes vested io s penon otMr than the MORiGAGOR, tht
MORTGAGEE, its wctesson ar~d auigns, rn~y, without nofice to the MORTGAOR, deal with such successw o~ wcteuw in interest with reference ro this
mat~~e and the debt hereby secvred in the same manner as with Mwtgagw without in ~~y way vitiatu+p or dischuging tl+s Mwtyagors' liabiliry Fwre-
under or upon the debt hareby secured_ No ssle of the prem~ses hereby mortgaged ~nd no fwbeara~nce on tht pan of the MORTGAGEE or in suaessas ~
or auig~u ~nd no eatens~on of ~he time for the payrnent of the debt hereby secwed yiven by tM MORTGAGEf a its aucussws or assipns, sh+ll opsr+t~
ro rekase, disch+rye, modify charge w affect the original liability of the MORTGAGOR htrein, eitiier in whoie or in part.
10. It is specificslly agreed that time is of the essence of this contrxt and that no waiver of any obligetion here~nder or of tM obli~+tion se-
cured her~by ihalf at any time thercafter be held to be a w+iver of the terms he~eof or of the instrunxnt secured herby.
11. In add~tia~ to the fwego:ng mo~~thty p~ymentt ol Qrinc'pal and interest required by the prom~ssory note secured hereby, mortgagw covenanri
and agrees to p~.to mortgagee with each monthly payment an additionsl sum estimated by mortgagee to be equal to 1~12 of the annual cwt of the folbw-
ing:
A-All real property taxss kvied w assessed agai~at the above described resl esute. ~
8-Premiums on fire and windstotm imurartce ss ixrein requ~red to be urried on the improvements situate on the above dexribed premises.
C-Premiums ea wch mo?tgage gu+?~~ty insurance as mo?tgagee shall fran time to tim~ deem fit to cany on the foan srcvred hereby.
~ Mortgagee shall from time to timt notify mortgagcy in writ~ng of the amount due snd payable he?eunde~ ar+d suth wm shall tF~ereupon be due snd
payabls on the dve date of the r+ext monthly paymem and esch successive month thereafter ur.til mwtgagee shat! notify mortgagw of a charga in such
1 arr.ount. Such swns shali be spplied by mortgagee toward the payment of roal property taxes, insurance prem:~ms, and mwtgape gwranfy inwrance
{ premiums. •
i IN WITNE55 WHERfOF, the said MORTGAGOR Ms hereunto set his hand snd xal the day and ye+r fint aforesaid.
~ ~ Sgn S I~d and li in the presence of: ~
~ ~ - (Se+~
~ n
~ n ;
cc..n ~
STATE OF FLORIDA ~
• U~ ~ ~
COUNTY Of
~ ~~~iY Nelson B. Rolle .,,d
Bsi~f Ma! RO11Y Ns wift, ro mt well krawo and known to en~ to b~
rhe lndividwb dascrib~d in and vrho ~x~cwed tM fw~yoiny instr~nt, and adcnowl~d~ed beforo me that tF~ ~xecuted ttw sam~ fa th~ p~rpos~s
~ ~ ~~i, Bssit Ma~ Roll~
~ w~ N~lson B. Roll~ ,.p,. P.~,
. de .nd
~ examiMtion bp nr tak~n wpuate and ~p+rt from ha~ said M,sb~nd. ~dcnowledped to ar+d b~fon m~ tMt sh~ t~c~a?t~d said irotrumtnt .fre~ly M+d wF+n-
rariiy and w~thov~ a~y canpulsioe, constrainr, ~pp~eF»na~n, r f~ar ot a from 1~ ~aid hwbar~d.
wITNESS ~n,? b.~a .na orfici,~ s.d thi d.y of ly c. 1v 69
.
~ NWary Pvb~ic in and fo~ tM Sut~ of fbrida ~t tu~
~ . My Cowroission ~xpires:
RNwn 7a :•,~~is"•,,, ~1~. ~ib! 0~ f~Ofidi ~
~ Fua F.d..~l s.rirg. a to.~ A..ocN~~a, ~ . - ~if? Ce~Misjio~ Etpir~s SeN. 23. 1969
~
~ Of Fwt P~erce. \ , ~+~I ~r ~ fi~ ~ Caw~r C~, `
~ fwt Piara. Fbrida • ~ ' -
~ _ _ ; ST ~-~p ~NA R RD
: ~tl~e~E ~et,~~ ~D t
~ This Instrument Prepared 6y John W. Ce~f.iAS•. f'.~~r^"~' V~?~tFY~ ~A`
~ First Fedenl Savinys b loan Association ~ U ~
~ of fo~t Pierce ~ Rlorida r,.... ~s9 ~
~ ~ ~ a~~~~~
~ ened~ed By ~5~ • ~ ~
~ ~c4`'E? ru~~Rqg ~
0 R 1!O ~1 - CLERK CtRCUit CQWi~
- ~'i d00X PACE ~ n
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