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To plac~ and continuously kNp on tM buildinpi now or hen~ftN situaM on ak! Isnd ~nd on all equiprtNnt and p~rwnally cov~r~d by this mat¢ ~
with sll pr~miwns tMreon paid in fv14 fK~ uuuru+c~ in the uiwl standard policy form. In • sum approv~d by th~ AA~RTGAGEE, snd w~~tc~m ,
tniwanc~ in tM uswl standud policy fwen, in • sum ~pprov~d by tM MORTGACsEE, i~ wch company o~ comPu?i~s a th~ MORTGAGEE .n~y
dinctt and all tir~ and winibtorm i~surana POIICNI on ~ny of aid build~nps, ~ny iroeryt IF?Kein o? part tMrtof, in 1M a~q?pat~ sum afonsaid or
In ucau thsrwf. thall cont~in tM uwal su~dud mortyspk claus~ a such other ctavss a~ tM Nlwtp~sN may rpvin. makir+p th~ lou unds~ said po14
cia. ~ach uid ~very. p+Yabl~ to ~sid MORIGAGEE a iri iM~rat may spp~ar. and each and ~wry iuch policy shal) b~ promptly ass:gned and d~livered ~o
an~r heW by said MORTGAGEE st fur~her sscurity to said morty~ye debt, +nd, not kss than ten (10) days in +dvu+ce of the tapir~tio~ of each policy, to d?
IivK to ~aid lNORTGAGEE s ~~newal tMr~of, fopether with • rec~ipt fw tM p~emium o1 s~th renewalj u~d ~he~~ st+all be no f~rs or winds~am inaw~nc~
pl+ad on ~ny oi said buildings, ~ny intaest thHan a pa.t thKeof. unless In the fa~n snd with tM lou pay~ble ~s ~taeiaidt +~d ~ tM ~~vot ~~y tu~n
of monsy bacanes p+yabt~ w+der wd~ polky a pofid~s wd MORTGAGFE ihall Mw ~h~ optian to rsc~ive and ~pply tM s~rt+e on account of tM ind~bted~
nsis s~cu~~d I~eby w a permit said MORTGAGORS ro reaiw ~nd us~ it a ae~y part the~wf fa oihei purposei, wiihour ~hmEb~ waiving o. impai.-
inp ~ny puiry, li~e~ ot riyht under or by virtw of this mortyapej and in th~ ivent ~aid MORTGAGORS shall fa aey reata~ f~i) to keep the said pr~maes w
insurod, or fail to delive~ prompNy My of ~aid policies of intwant~ to ssid MORTGAGEQ or fsil promptly to pay fully ~ny premium therofw w in u?y
nip~et fail ro pK(wm, d'achuye, executs. e~fM. complN~, comply with ~nd abids by this coven+nt, or ~ny pa~t hereoi, said MORTGAGEE m+y ~lac~ ~nd
psy fa such inw~anc~ or ~ny psn t1+Keof without w~ivinp or aff~dinp any option, lien, equity, w right undar ar by virtw of thii Mortg~~, and tM
full amovet of each and wKy such p+Ym~nt shall be immediat~ly dw s~+d payabb u~d shall beu i~te~at from th~ dat~ thereof w+til paid at th~ rat~ ol
nir?e per centum per anrwm and tope~her with wch interest :hs0 be secured by th~ lie~ of thls matQa~~.
4. To psrmit, commit o? suifer no wute, imp~irm~nt w deterioration of said p~operty or ~ny put thereof.
S. To p+r all and sina~lar ths cosb, dwyes +nd expMaes. includinp a reason~bb attor~ey i fee and oosb of ~bitrscri ot titk, incurred o? p~M ~t
any tuns by s~id MORTGIIGEE, becavse o~ in the event of th~ failu~e on tl+~ pan of th~ said MORTGAGOR 1o duly, promptly ~nd fully perfain, d~~
e~eecvtt, sff~d, comptets, comply with and +bid~ by esch snd e~ery the itepulations, ~greeme.~», condiiiau, ~nd oownann of said promissory note and this
mortya~e any or eitha, and said costs, clwpss snd eapenses, esch and every, sh~ll be immediately due and payable: whether or not ther~ bs ~otiu d~
ma~d, attempt ro colkct or suit peadings and tl+~ fvll amouM of each and wery wch payment shall bear inreres~ from th~ date tfiereoF unril paW the
rate of ~ins per untum per annum; and all said tosts, chuges snd expenses incwred a p+id, topether with wch interest. sMll b~ secured b~r tF~s tien of thit
mortysye• ' .
6. That (s) in the event of any ixesch of this Mort~ape or defa~lt on tM part of the MORTGAGOR, w(b) in tM event sny of said sums of mo~ey ~
hercin referred to be not promptly and fvlly p+id withirt thirty (30) days next after Ihe same severally bECOme dve and p+yabk. witho~l d~m~nd a notiee.
w(rJ in the evem each and every the stipvlations, sgree~», conditions snd sowrwnb of aid promiuwy rwt~ and this mwtpape ~ny w ei~her ~re nol
~uly, promptly and fully perfwmed. discAarged, exstvted effMed. compkhd, coroplied with and ~bided by, then in either a any :uch ev~nt th~ said
p•epat~ wm meManed in uid promisaory rate then ~emsininp ~npaid, w:th interest accrued, and all maroys setured hereby, shall becane dw snd pay~
able fathwith, a thereafte~, ~t the optioe: of wid MORTGAGEE, as futly ~nd complNely as it all of the said wms of money were wiyin+lly stipulated
ro be paid on s~ch day, anything in said promissory note w Fn this Nlatpaye to the connary ~otwithstsndirg; and thereupon or thereaher ~t ths option of
iaid MORTGAGEE, without notice w demsnd, wit st law or in equity, therefwe or thereafier begu~, rtwy be prosecuted as if ~tl naneys s~cured hereby
had marured prior to 1a irurirution.
7. That i~ the event that at tha beginning of o? st any time pending sny wit ~pon thw Mortysge, or to facslose it, or to roform it, w to eefora
psyment of any claims hereur~de~, ~id MORTGAGEE sh~N spply to the Coun h~virg jur~sdiction thereof ior the sppointment of ~~ieceiver, such Cain sh+ll
Fwthwith sppaM a receiver of said mwtgaged pro¢erty all and sirgutu. ir+clud~ng ail and iugvlu the income, profin, issues and rwenues from whaf~wr
w~nce derived, each and every of which, it bcinp expreuly ur?derstood, a hercby mwtgaged u if spec~4iutly set forth and dewil+ed in tM ~r~~tirg +nd
habe~xlwn cla~ses I+ereof. and such Receiva sMll have dl tf~e brwd and tfiectiw fwxtans and powers in shywise eatnnted by ~ Coun to a R~eiwr. u~d
•uch appoiroment sFwll be made by such Court u sn ~dmitted equity and a maner of absolute r'pht fo said MORiGAGEE, ~nd without referenc~ fo th~
adequacy or •in~dequacy of the value of the property mortyaged w to the ~tvency or insdrency of said MORTGAGOR a the defendants, and tMt such
rents, profin. ~ncome, iuues and relre~ues sMll bs applied by wsh Receiver accordinp to tl+~ lien or equiry of s~id MORTGAGEE and the pradict of such
Court. -
8. To duly. prompty and fully perform, d'~scharge. e~cewte, effect, oon~lete, oomply with a~d abide by eade ~nd ewry tM stipulatiaa„ preernenb,
conditions and covenaors in said pramissory note and this mortgage set fwth. •
4. That in the avent the ownenhip of the mo?tgayed premises, w any psrt thereof, beoomes vested in ~ person other tha~ the NIORTGAGOR, th~
MORTGA6EE, its sucteuors snd asaigns, msy, withoul notite to the MORTGAOR, de+~ with tuth sutcessor or sutcessor in imtrest with refereote to this
mortg~e. ~nd the debt hereby secured in the same tn~nner as with Mortgagw withwt in sny way vitist~ng o? discha~ging ths MortQ~gots' liabiliry hert
under or vpon the debt hereby secured. No sale of the ~emises hereby rtwrtgaged and ~o fwbesrance on the part of the MORTGAGEE w i» svaessors
w auigra and no exrensan oi ths time for ths paymN+t of the debt hereby secwed given by the MORTGAGEE or its successon a assiQr~s, sMll op~r~»
ro release, d~schargc, modify change or ~ffect the wiyinal IiabiGty of tF?e MORTGA60R herein, either in whols o? in put.
10. It is speciiically agreed that tim~ is of ths essence of tha contract and that r+o wirver of enY obligsYan herax~der w of the oblip~tioe se-
cured M?eby shsll at any time thereafter be held to be a waiver of the terms hereof oe of the uistrument secured herby. .
11. In a3ditia~ to the forego:ng monlhfy psymenri of princ:pal and interest required by the ptomiswry note secured hereby, morfgayor covenants
and agrees to pay ro mo:tgagee with esch montFdy p~yment an sddTio~al sum estim~ted by mortgagee to be eqwl w 1/12 of the annual cost of the fdlow-
i~:
A-All real property tsxd kvied-or assessed aga'~nst the above described ~eal estate. •
~ B-Premiums o~ fire and wir+dstorm insunnce u herein requ~red fo be urried on 1he improvements situate on the sbove descritxd premises.
C-Premiums on such mortgage guaranty insu~ance as mortgsgee sh~ll from t~me ro time dcem fit to carry o~ the ban secured hereby.
' Mortgagee shall from time to time notify mwtgagw in writing of the arrrount due and paysble hcreunder snd such wm shall thereupon be due ~nd
~ payable on-the due date of the next monthly payment and each successive month thereafter ur,til mor+gsgee shall notify mortgsgw of a chsnge in wch
amount. Such s~ms shall be applied by mortyagee toward the payme~t of real property taxes, insurance prem:ums, and mortga~e puar~nfy irourante
premivms. ' '
` IN WITNE55 REOF, the id MORT AGOR has hereunto xt his hand and sesl the day and year fint aforesaid. -
f Signed, Sea nd of: . •
~ - n
.
' " ~
-T--r ' I cs°~°
~ c~..n
STATE OF FIORIDA ~
St. Lucie ~
eoe~rm oF
-~fae 111e ~,,,,,~iy JerQai.ah Reddiek, also kaowa as Jezeaia?b R~ddicks and Jak~e €
Reddick aad Dsis - B. Reddick w, ,~;f~. „~e r„~u ,,,d k„o~,,, ro w b. ~f
the individwts descri in ~nd who exacutd th~ for~yoirg instnwnsnt, and acknowledyed before me that tFiey ~x~cuted the same for ths purposes t
rlx.esn exp..ssed. Md ths Ds3s B.RQddiCk
,,,,;fQ ~ Jetesiab RQddiCk, ~?lso kaown as J~zeaish R~dd Cks Jake ~ ~ ~~e ~
examinaYron by me tsken sepante and apart from her saW Mnband, scknowledyed to and b~fw~ m~ that she exearted ~id instrumem he~fy and wlw~-
rarily snd witho~t ar?y oomp~lsiory coostraint, appreh~mion~or fear of or from her said husband.
WITNE55 my hand aod official sesl thK •?A~ dsy of A. D. 19 69
_.3 -
, Notary PuW u+d for the st~ of F{orida d luy~
Mr c°"u" '~"'s: L, / 9 7/
Return Ta '
Fint Fedaa) Savinys a loan As~ociation i~~it,~tia~i~~~~t - ~itY ~ d
Of Fort Pierce. ~`l ~ . ~yp0 EX~~ •
y~;• ` .`Z h ~ Sasi[
, forr Pie.ce. F~o.ids ' v . •••...~,,~~v~J,y " ~{ta~~~a ~
~ ' ~~s-~.~:J '
- ~ ~ ~ f. ~ ~4/ ' . : ~
%
; ; ~ ~ FtLEO AND RECORDEO
~_f.~ ~ ;~u°_S'~.IUClE COURTF EOL~ '
This Instrument Pre red B J. D. Chs?s :~2 . R=_COFI'
First Federal Savings d~ Lo~an Asso iation f ~
_ . ~ ~ s: ~ : .Lg3g9`7 ,
~Q; :
' of Fort Pierce~ Flo~cida •
o~;~v ' s'~~ti -~~'69 OCT 6~I I I: I I
ch~ed sr . ~
_ , b,.
C
~ ;{p~,~R ?017R~
~r ~ Q~ ~ERK CIRCUIT COURT~ cf
t71.<<i R
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