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To ~lan u~d contin~ovily kKp on th~ buildinq~ now w htrwhar ~iw~t~ on said land and on +11 puiprrwet ur! psnor?ally covend by this nwrt~
p~, w;th ~Ii prem;vms thereon p~id in fv14 fin iniwanu u+ tM uwal sardud policy fo~m, in a sum approved by tM MORTGAGEE. ~nd winditorm
inwr~nc~ in tM uswl ~u~da~d policy iarm, io • w~n ~ppro~r~d by tM MORTGAGEE, ii+ wch canpsny w comp~~ies ~s tl+~ MORTGAGEE may
dinctt ~d ~It fir~ ~nd wi~dtwrm iosuru~a policiea oe +ny of s+id bvildinp~, a+y ir?t~nst thereio w p~rt thsrwf, in tM +~preyatt tum ~for~said a
in ~cnf tAenof, th+ll ca+t~in tM uswl atandud marty+~e clau~ o? wch othe~ clause as tM Mortp~pe~ may rput?+, m+kinp the loss vndN sa~d po1F ,
ci~s, tach ~nd ~very, paYabi~ fo said MORTGAGEE ~s in int~ns~ may app~u. and tach and ~vay such policy tMll b~ promptly au:pned ~nd dtlivKed to
~ny heW by said MORTGAGEE ~t further s~cwity to s~id mon9+y~ d~bt, and, ~+ot Ru th~n ten q0) daYS in +dvana of tha expiration of each pol'~cy, to da
liwr ro said MORTGAGEE ~ rK?ewa) tF~wf, tsw~hu with a rece+pt 4w the pemivm of wch renawalj and_~her~ shall be no fin or winds~o~m inwranc~
pl~pd on any of said lwildinp~, any interat 1Mnio aa p~n t1+Keof, unlau In th~ fo~m ~nd with ths lou paysble u aforesatd; and in tM ~wnt any wm.
of money becanes p~yable wd~ wd~ pdkY ot Polici~s s~d MORTGAGEE slwll Mv~ th~ option to recsiw and ~pply the sam~ on accouo~ of th~ ind~bted~
neu sotur~d hKeby a to pKmit s~W MORTG/1GOR5 to no~iw and us~ it or any part thereof fw other purposes, wi~hout 1hMeb~ waiving or impair-
inp any puity, li~n or ri9ht unde~ ar by vLtw of this mortp+y~: N+d in tM ~vem ~aid MORTGAGORS ihall for ar.y ttawn f~il to keep the aiti premises so
insured, o? fail b deliw~ promptly any of wld policies ai insvr~nu to s~id W10RTCsAGEE, w fail prompNy ro pay f~lly any prxnium therefor p in sny
respecf (ail ro pKfw.r4 dischar~, tx~eut~ ~ffecf, eomplet~, oomply with ~nd ebid~ by this eovse?snt, or ~ny paN Mraof, said MORTGAGEE m+y plap and
pay for such imwance or +~y put t!?Keof without wsfirinp ot ~ffectinp u~y optan, li~n, equity, w right unde~ a by virtw of thi~ Monp~~, u?d tM
full amouot of each and every wd~ payment sh~ll be imened'ut~ly dw +~+d p~yabl~ ~nd ~hall beu inte.est from ~h~ dat~ thenof ~mil psid at th~ raa ot
nine per ce~wm per ~~+rwim and to~esh~r with wch in~aesr shall bs secv~ed by th~ li~n of this mort9age.
4. To ~rmit, oommit or wffs~ no watte, impairmsnt or deterar~tion of said pwperty or any paA the~sof.
S. To pay sll ud si~Qvlar HN costs, tharges ~nd ~aPaaeM i~+dudi^p ~ reason~b!e ~ttwrwy's fee x~d oosb of abstncts of titls, ieKUned w p~id ~t
sny tims by said MORTGAGEE, because w in the ~wnt of th~ failure on tM put of tM wid MORTGAGOR to d~ly. promptly and fvlly patorm, discha?~,
ezecute, effecl. complats. comply with and abid~ by ~ach ~nd svery tM itipulat~o~?s, a9reements, conditions, and cov~c?ant: of said promiuwy not~ and thn
mortyap~ any a either. and said cosn, chu~s and expe~s~s, each and every. shdl t~ immed~~taly due +nd payable: whether w net the+e be notioe ds
msnd, attempt to collect w wit pendinpr +nd ths full amount of each ~nd every wch payrne~t shall bear interes~ from the date lhereof until paid at the
rate of nira pe~ centum per annum; and alt said oosts, thirpes ar~d expenses incwt~d a paid, together with auth irowest, fhall b~ sscured by tM lien of lhif
morlp~-
6. Tf~t (a) in the event of ~ny b?each of tha Mortpap~ a defa~le or~ ths pan of the MORTGAGOR, w(h) in the event any of s+id svms of moeyy
herein referred to bs not promptly and fully paid within thirry (30) days next ~fte~ the sam~ severaliy become due and payabk, without dem+~d w notice.
or (c} in the event each and evsry the stipulations, ag?eemeMS. oondifions and coven~ots of said pramissay note ~nd th~s mwtpape any or eilher u~ not
iuly, Pro~~y ~+d f~iy ~.formed, d~scha.~ed, executed, ~ffected, canpkted, complied with ~nd abided by, tha~ H? either or any iuch eveM tM said s~
greg~te wm mentioned in s~id promiuwy rate the~ ~emaininp ur?paid, rvith intsresf acuued; and all ma~eys secured hereby, sh~ll becort~t dw and p+y~
able fathwith, a thHeafter, at the option oi said MORTGAGEE, as fvlly and completely as if ~II of the wid wms of money were aiyinslly st~putated
to be peid on sud+ day. ~nything in aa'id promissay note w in this Mort9age to ~he con~rary nonnithstandi~g: and thereupon a thereafta at ths option of ~1
sa~d MORTGAGEE, wtthout notice or demand, wit at Iaw or in eqviry, Merefwe w tFw:rafter beyvn, m~y be prosecvted as if all rno~~eys s~wred haeby'
had mawred w~or to in instiwtion.
7. That in the event that at the begiMing of o~ ~t u~y tims pe~np sny wit upon tha Mo?tgege, or ro faeclose N, or to reform if, w to enfwa~
payment of any claims here~nde~, said MORTGAGEE shall ~pply to the ~oun havirg jurndiction thereof fw the appo~ntment of s Receiver, such Courf sMll
fwthwith sppoint s reteiver of taid mortgaged ptoperty all aed singular, includ~ng atl and singula tM income, profits, issues and revenues from wh~tavK
source derived, each and a~very of which, it beirg expreuly vnderstood, is hereby mortgsged ss if spec~iicalty set fwth snd described in the Qrantug aed ~
habendum clauses hereof, ar+d such Receiver shall hive all the broad and effective fu~ctions and powen in anywiu entrusted by a Co~rt to ~ Receive~, ~nd i
such sppointme~t shall be a?ade by s~rch Court u sn admi»ed equity and a mitter of sbsolute right to ~sid MORiGAGEE, u~d without referente fo the
adeqvacy or insdeqvacy of the vslve of the property mort~afled u to the solve~cy or insolvency of said N10RTGAGOR a the defendanri, snd tFut such
rents, profin, income, iuves aod revenues shall be applisd by such Receiver sacordinp to the lien a equity of said MORTGAGEE and the practice of such
Cour1. .
8. To duly, promptly sr+d fuily perform, dixharye, execute, effect, complete, comply with ~nd ~bide by each end every t!a stipulations a9reeme~ri,
cw~ditioro and coven~nts io said promiuory note aod this m«tyspe set forth.
9. That in tl~e event the owncrship of ths mort9syed premises. w any part thereof, becomes vested in a persw~ othar th~n the MORTGAGOR, tl+~
MORTGAGEE, irs successors +nd auigru, may, withow noY~ce to the ~ MORTGAOR, deal wiM such waessw a svccessor in . ii+terest with reference to this
mwtgaga snd the debt hereby secured in ths ssm~ m+nn~r u with N1o±tgagor withovt a~y way vitiaNrg or dischargi~g ths Mortyagws' li~bility l~er?
under w ~pon the debt hereby secured. No s~le of the premises hereby mortyapad and no forbearance on the p+rt of the MQRTGAGEE a in waesson
or augns a~+d no extension ot the time fw tFie payment of the debt haeby secvred ~~ven by the MO4TGAGEE a ih sucasson w assip% sMll oper~t~
ro rekase, d~scFwrge, modify thange a affed tla uig'~nal liabilify of the IWORTGAGOR herein, ~ithsr in wF?ole or in put.
10. It is spccificslly agreed thst time is of ths es~ena of fhis oo~traef and that no wsiver of aer ob1i9~Yan he?eundsr w of ths oblipation se-
cured hercby shall at any time thereafter b~ Ixld to be a waiver of.the terms hereof w of the instrwncnl secvred herby. -
11. In addlYwn to the faego:ng monthly payments of princ:pal and imeresr required by the p?omissory note secured hereby, matgagw covenanri
and ag~ees to pay to mo~tgagee with each monthly payment an sddi+ional swn estimated by mwtgages to be eqval to 1/12 of the anmTal cost of the follow-
~~g; ' ,
A-All real property taxa kvied w assessed aoainst the above described real estate.
B-Premiums on fire and windstorm infurance u he~ein requ:red to be carried on the improvements situate o~ the sbove d~scribed premises.
C-Premiums on such mortgaga. guaranty insurance ss mortgagee shall from time to time deem fN to cury on the loan secured hereby.
' Mortgagee shail from time to time ratify mwtgsgor in writing of the arraunt due and payabk hereu~der and suth wm shall thereupon be due and
~ payabk on the due date of tlu next monthly payment and exh svaeuive month thereafter until mortgagee shall notify mortgagor of a ch~rge in wch
amount. S~cl~ wms si~all be applied by matgagee toward the payment of real property taxes, insura em:vms, mortgsge gwra~fy i~w~nce
premiurtts.
j IN WITNESS WHERfOF, the said MORTGAGOR Fws hereunfo set his hand a~d seal the day pt f' id. ^
Siyned, Sesled and delivered in the pres~nce of: ~C./'~'!
~ w ~
~
~ , n
-
STATE OF FLORIDA ~
ST . LUC IE ' -
courm oF
~f«e ~~~~iy ~Q~ ~ J. J. Gaut ier
Cd~z ie Gaut ier hi, wii~, w,,,e ,,,,en krww„ ,~a known „ m, ,o b.
the lndividvals desaibed in a~d wFa executed ths fweyoiop instnxnen~, and ackrawkdped befwe me thst they ~xecvted tt+e sam~ for the purpw~s
r~~~ e%~~. ~ ~ ~;d Carrie Gautier _ ~
w~re of ths ssd J, ,J. Gaut ier ~pa, a,,.q,,,, n,d p~iv,M
exanim~tion by me uken sepuate snd ap+rt from her sakl husbsnd, ~duwwied~ed b and befo~~ m~ that sFa executed asid irqtr~r~if~~ ~nd volun~
tarily and without any compulsion, constraint, appre~ a fear of or from her said lwsband.
~ d. of October ~."~'~`69
WITNESS my h~nd snd official wal tl~~i~ Y f~E~~.s=-.~
Y ~ _ . . - ' ~ -'~x ~
j ~
~ Nw,.y Pub~ic in «+d to.:ft»~Surg.~ .lt+~! 'i .
~ ~ ;.1' My Conwnission ncpiress :,O ' J '~'~c= _
.
Retum Ta. • • I ~ ..i Q d:/ t_ .~;~'ra• : r: - -
Rnt Federal Ssvings b Loan Association FILEO AND RECORDEO1~ . ,F
Of Fort Pierce. ~ ~ 'y ~ •
ST. LUCIE COUNTY. FLA ~ , ~ ,
Fwt P~e?ce. Fb~cda f~~_CORf? .~cRIF~ED t,: r' K!~~;.
. . • ~~r,~~~. ~~<<
;:_y..,_
1V~iVJV ; ~a' a
This Instrument Prepared 8y Richazd K. Kayea'69 ~CT ~ s ~ ~
First Federal Savings b loan Association
~ ~ of Fo~t Pierce , Rlorida
!Z~v~''. f ~~TR S
~ Checked By i9~ CLERK CIt~CU1T COURT'
OR
BOOKIS~ PAGE S~ ~
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Ns.
ce r ~,~-~~+R ~L'f~
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