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To plxt snd contirwo~sly kt~p on tM M+ildirgs ~ow ar hKtaftM sitwh on uid 4nd and on ali equipr»snt ~nd p~nonally covKed by this nwrt~
~p~ wit~ all pemiums therwn p~id in fvll, fir~ insur~nt~ in th~ usual sunda~d policy fwm, In • sum approved by ths MORTGAGEE, ~nd winditam
iniu~ance i~ ~M „swl aandard polky fam, in • wm ~pprov~d by tM MORTGAGEE, h wch company o? companies ~s tM MORTGAGfE may
dinctt ud aU fire and windsraim ;nwruKS policiss a+ any of said build~np~„ ~ny +nMrpt IMr~in w p~rt therecf, In tM sy~~epat~ wm aiu~id or
in ~xcas thenof, shali con~~in ths ~wal stsndud mong+~e cisuse a such od+N claw~ as tM Mort~a9ee may ~equw~. mak:np th~ loss u~de? said poli~
ci~s, each and ~very. paYabb ro said MORTGAGEE a iK i~t~rnt may appsar, and ~ach and ~very avtA polky shall b~ prompNy au:~~ed ~nd delivered to i
~ny held by s+id MORTGAGEE as fur~her sen,riry ro~id mor~ps~ debL ~nd, not ku tM~? ten (10) days in advance of tM ~-piratio~ of each policy, to d~
live~ to said MORTGAGEE a r~newsl ~I+t«ot, top~thK Mith a raceipt for ths pr~mium of ivch renew~y and then shall b~ no fire or windstam Insurant~
ptaced oo any of s+id buildinys, ~ny interest N+erein or paN therwf, u~leu In tM torm u~d with tM loss p~yabt~ as afwefaWs and in th~ ewnt ~ny twn
of mon~y becomes payable uod~~ suck policy o~ policws said 1NORTGAGEE shall haw ~!w optan to receive snd ~pply the same on account of the ind~btsd~
neu secu?ed haeby ot b permit said MORTG/lGORS fo tKaw and tqe it p any pat tAereof for orher purposea, wilhout shxeb/ waivin9 p impair-
inp any pu~ty, lien w ri~h1 ~nde~ or by vutw of this mwt~ayet and i~ tlw event said MORTGAGORS shall fa a~y ~eaton fail to keep tiie aaid premaes sp
inwred, p fdl ro d~livtY promptly ae~y of said polities of G~sw~~a ro said MORTCaAGEE, w fail p?ompNy ro pay fulty aoy pranivm fherefor p in any
~esped fatl b perforrq, d:xMr~ exccvte, ~fhct, compkt~, comply with ~nd abide by this covenant, or any paH hereof, said AR~RTGAGEE ma
Y P~aos ~nd
pay fw iuch tnwrae~ or a~y put thcreof without waNinp or ~ffecti~p any option, U~n, equ~ty, or riyht unde? w by virn~ of this Nbn~a~e, ~e~d tM
fvll amo~nt of sacA ~d ~very such payme~t shall bt imrnsd'ur~ly dw and psyabla tnd shall bear interest from ths date theroof until p~id at the wh of
nins per centum per aniwm and togeiher with wcl~ inierest sMll bs secvred by tM lien of th+s mortqage.
1. To ptrmit, oommit or wfier no wuN, k~kmer?t or deterioration of ssid prope~fy a ~ny psrt thereof.
S. To psy all and sinpulsr tM costs, cMryes and sxpenses, kicludinp s reasw?sbb ittomey's fee ~nd cosR of abatrrcts of title, incv~red w paid a?
any time by said 1NORTGAGEE, bscav~e a tn the event of tM fa;l~rs on the p~rt of ths aaid MORTGAGOR to dvly, prompdy and fvlly parform, diich~ryR _
exetut~, ~ffect, complat~. oomply with and ab+de by eath and every tha stipulations, agreements, tonditions, a~d covenants of said promiasory note ~nd this
mortgape any or eitF~er. ~nd saw! cosls, ch+rpes and expenses, esch and every, shall be tmmediatety due and p~yable: whc~?Kr w not thers bs notice da
mand, attempt to colkct or suit pendinyj a~d th~ full amount of each ara! every such payment sMll bear intmest fran ~he dats thereof until p~id at ihe
rate of nine per tcntum pe? am~um; and ~U ssid costs, cMrges and expanse~ inc~rrcd a paid, together with suth ioferest, shat! be secured by ths li~+t of tha
ma-tp~,
6. Th~f (i) in the ~vent of a~y brsach of this Mwtyaqe w defsult on the pan of the MORTGAGOR, cr (b) in 1he event ~ny of said swra of monsy
herein refetred to be oot promptly and fully paid withi~ thirty (30) days next afte~ the same uve~alty becort~e due and payable, without demand o~ notite,
or In the esrent each and every the stipvlatioea. agreemenu, cond;tioa~ss and covsnann of a+d pran'~ssory note and th~s mortgage any or eitha ue nd
ivly, prompNy and fully performed, d;xharged, execvtad, effected, tompleted, complied with and ~bided by, then in either o~,any s~ch evom the ~id a~
gregaro wm mentio~ed in said promissory rtote t[xn remsi~ug unpaid. with i~terest ecaued, and all rtqneys secu~ed hereby. sh~U becwns dw u~d pay-
able forthwith, or thereafter, at the option of said MORTGAGEE, u fi?Ily and completely u if ~II of the said sums of money were wigir~slly stipulated
to be paid on such day, anythinp in said promissory note or in this Mortgaye to the contrary notwi?hstanding; and therevpon w the~eatfer at the op/ion of
said MORTGAGfE, without nWite a? demand, wit at !aw a in eqviry, therefwe or thereafta begun, may be prosecuted u if all ma~eys secured hateby
had matured priw to in irotitutan.
7. That in the event that at the beginning of or at any tune pendi~?g ~ny wit upon thia Nlwtgage, o~ to foreclose it, or ro reform it, a to enfora~
payment of any claims he~eunder, said MpR1GAGEf shall apply to the Cwrt having jwissiiaion thereol for the appointmem of ~ Receiver. s~rch Caxt shat~
foathwith sppoiM a rcteiver of said mortgaged property all snd sinpular, includ~ng all and singular the incoms, profits, awes and revenues from whate~er
source derived, each and every of which, it beiny expreuty uoders~ood, ia hereby rtwrtgayed at if speNficalty set fwth ant! dewibed in the yaantinp and
habendum cla~ses hereof. and such Receivsr shall have sll the broad and effective functans and powers in anywisa entrusted by a Cou?t to a Receive~, and
such sppoinfinent shall be made by such Cowt as sn admitted equity ~nd a matter of absotute right to said MpRTGAGEE, snd without ref~rer~ce ro the
adeq~acy or inadeqvacy of the value of the property mortgaged er to !he solmncy or ;nsolvency of said N1pRTGAGOR or the defendann, and that tuch
rents, profin. incwnq iu~es ar~d revenues shall bs applied by such Receiver accordiny to tl?~ lien or oquity of uid MORTGAGEE ard ~he practice of such
Cou~t. .
8. To dulY. F~o^+P~~Y and f~?t~1r Perfo+m, disclwrge, execute, effect, tempkte, comply with ar~d sbide by eacM ~nd every the stipulatian~„ agreemsny,
conditarq and covenants in said promissory oote and this mortgsge set forth.
9. TMt in the event the ownenhip of the mort9a~ed prem+ses, or any part thereof, becpnes vested 1n a petw~ othe? thu~ the MORTGAGOR, t1r
MORTGAGEE, ia wcceuas and auigns, rrwy, w;~hout ~otice fo the hWRTGAOR, deal with such successor p suctessor ;n interest wifh refcrence to tAis
mortgage and the deb~ hercby secured in the same manner as with Mwtgagor without in sny way vitiating or dischsrging the Mortgagora' liability herr
under or upon the debt h%reby secured. No ssle of the premius hereby matgayed and no fwbearance on the part of tF+e AAORTGAGEE or its successas
or auigm and no exrens;on of the tinK iw the p~ymem of the debt hereby ~ecured given by the MORTGAGEf or it: succeuon or au9ns, shsll operat~
to relaase, tiixharge. modify cherge w sffect the wiginai Gsu~liq of the AkARTGAGaR herein, either in whola a in put.
10. It is spec~fically agreed that time is of the essence of this contract and that oo waiver of any obligeYan herevnder er of tM obliyatan sa-
cvred hereby shett at any rime thereafter be held to be a waive. of the terms hereof w af the instrument secured he~by,
1). !n addiria~ to tha fo~ego:ng monthlY payments of pri:~c'paf and interest requircd by the promissory no~e secvred hereby, mortgsgor cpvs~ants
and agrees to pay to mortgagee with each monthly payrr~mt an add;tional sum estimated by mortgagee to be equal W 1/12 of the annual cost of the fol{ow-
ing:
A-All real p:operty taxas kvied ot assessed against ihe above described re~! estate. •
B-Premivms on=fire and windstorm irtsurance as FKrein requ~red to be carried. an 1Fx improv~menfs situate on the above ~svibed premises.
C-Premiums on such-mortgage guararqy inwrance as mo?tgagee shatl from time to t~me deem fit to carry on the loan secured hereby. ;
Mortgagee shatl from time to time notify mortgagor in writing of the amount due and payabie hereundcr~ and suth wm shaU thereupon be dve end j
payable on tF+e due date of the next monthty paymenl e~.d each s~ccessive month thereaher until mortgagee sha11 notify mortgagor of • change in wch ~
amou~t. Such sums shall be applied by mortgsgee twrard the payment of rcal property ta:es, insurance prem:ums, and mortgape guaranty inwrance
premiurltt.
IN WITNESS WHEREOF, tF?e said MOQTGAGOR h~s hereunto set his hand snd seal the day aod year f'ust afaesaid.
Signed, Seakd snd defivaed in the p~ese~a of:
~ ~
~It___ ~0
~
TE OF FLORIDA ~ _
ST„ LrJCIB ~
cour~n oF '
Befwe ms penonally ipp~arad - - B rl Ki=O~ ~
Atldley Kat@e his wifc, to me well i~nown ~nd krw~~vn to me to b~ ~
the indiv'~dwb described in and who ~xecuted tMe forayoirg instruneent, and adcnowkdged b~Fore me tha~ they exea?ted the sa~rK for th~ pvrpose~ . ~
r~~M ,0.„d r~ ~;a Audrey Kazee ,
Sarl J Kazee ~ ~
wifs of the pid • ~i~::•
uyoii t and=pt~ua
exs.~ninatan by me taken separate and ~part from her said husband, ackrbwledged to and befwe mt that sFie execvted sai~.
taril and without ~`,M1.~ .
r any compulsion, comtrsint, apprehero~on,~o~ feu of or from her said Iwsband, , v
Q,~ •
WITNESS my hsnd and afficial seat fhK ~ day of October ~r p~ 9
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• Na~ry Publk fn a~d for t~.~l~~~f ~foridj at
~M ' ion exPires: . ,j ~ ~ I
Retum Ta • ' A.~a~{~~ ' 1i ~
ff.sr feds..~ savir~p, ~ toan As~ociation FILEO ~`~IJ ~~~~4 -
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or F~., r;~.~=. ST. LUC I E~~
~ P~.~. F~~. n~!~oR~ `j~r~~~4~:::F:_: .
~ 184243 .
'69 OC1 13 PM 3.23
This Instr~ment Prepared By John W. Collins
First Federol Savings b Loan Association
• of Fort Pierce ~ Flosida _ rpr;E? ~~Oi7R S
~,Q CLERK CIRCUIT COURT;
Chedced By 7~ .
80~C PACE~~~
C~ ~ ~ ~ ;
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