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To piac~ ~~d conttnuously kNp on th~ buildir~s now a ha~afta situ~h oe~ said land and on all eqvipm~et u~d pKSOOaIiy covend by thi~ ~norq~
+ps, with all premi~ms lhsreo~ p~Id tn fvll, f'ue insurana in tl?~ uiwl srandard policy form. in • wm approved by ~Fa MORTGAGEE. ~nd wi~tam
inuxanc~ in tM vswl stand~rd policy fam, ie • wm ~pprov~d by tM MORTGAGEE, in wcl~ company w companip as ~M MORTGAGEE may
dind~ snd a!! iks u?d w'a~dswrn~ insu~a~a policia on sny of said build~np~ any iot~r~st therein w put thsrwf. in tM sp9.e~~q swn afw~said a
In ~xnss thercof, shall cont~in tM uswl uandud mortya~ clava or ~uch otiw daw~ as tM Mortya~ m~y roqvir~, makinp tM loss vod~? aid poli~
ci~s, each ~nd evay. pavabh a a3d NW!lTGAGFE a;q int~rest rn~y app~a~. ~nd exh and ~very svch policy ~hatl bs promptly ass:qned and d~liv~~td ro
any h~ld by said MORTGAGEE ss fwther sec~rity to s~id mortya~ d~W, ~r.d, not Itss th~n te~ p0) d~ys in advanc~ of tM expiratwn of eath policy, to d~.
IivK ro said MORTGAGEE • ~enewal therwf, topNMr witA a receipt for tM pnmivm of svch ?enewsls a,+d ~Aen shall be no fu~ w wir+di~am inawu+c~ i
pl~d on My of said buildngs, ~ny inter~at th~nin or pa~t th; .-wf, unku in th~ form and with ti~ losa piy~bl~ as afaes+ldj ~nd in the eve~t a~y ~wn
of naeNy becan~a payaWe w+de~ such poliey a polici~s s~id MWtTGAGEE sha(1 Mw th~ option ta receive and ~pptr tM wm~ on aceount ot th~ ir~bt~d-
n~ss :ecvr~d Mrtby or ~o perm~t said MORiGAGORS ro noeiw ~nd ut~ it ar ~ny part tAereof fo~ othe~ pu.poses, wi~hout thaeb~ waivinp or ~mpair-
~g +nr eQv~ry. lien or riyhl under w by virtw of this mort~ayes and in tFN ~vent s~id MORTGAGpRS thall fa any r~awn f~il to keep the said pramise~ so
lrourad, a i~U to dNiver promptly ~ny of said policks of insu~anc~ to said AIORiGAGFE, a fai) p?omptly ro pay fully sny premivm therefor or in any
r~spec~ fail ro pwfo.en, dischuge, ~xecv% ~ffect, complett, comply with t~d abid~ by this oownant, o~ ~ny pa.t hereof, said MpRTGAGEE nwy pl~p ~r,d
paY for such i~ur~anu o~ any parl thtnof witho~rt waivinp or ~ff~ctinp ury optwn, lien. pvity, w right unde~ or by virtw of this Mwt9ap~, and tM
fvlt amovnt of each and er~ry suth paymenl shal) b~ immedi~tely dw ~nd pyabls a+d sh~tl bea~ Mterest hom th~ dat~ thcreof un~il p~id ~t :M ~ah ol
nine pa cenf~m pu ~nnum and to9ethet with ~uch interest ~i»II be setuted by th~ li~n of thh motty~y~. t
1. To permit, commit a wffa ra wute, impaim+ent or detxioratan of iaid property or any put theraof. ~
S. To pay all and sirgular tlw cwts, dar9ts and expNne~, iexl~dinp a ~ea~on~ble attwney's fae u+d oosts of abstracrs of titls, incvned o? pajd ~t '
any time by said MpRLGAGEE, bscwse w in the ewnt of tM failwe on tF?~ pa?t of the said MORTGAGOR to duly, prompNy snd fu11y perform, d~xhup~
ezecute. sif~d, oomplet~, oomply with and abid~ bp ~ad~ a~d ~very ti~e stipulations, aqreemeny, cpnditions, and torenanb of said promissory not~ and tAi~
morsyye any w eiti~, and sa~d costs, chuqes and ~xp~ues, each and every, shall b~ immediately dua and payable: whether o~ not ther~ b~ notict dr
mand. ~nemp~ to tolkct or tuit per+d~ng; snd tM fvli artavnt of eath u~d every wch psyment sAa11 b~w in~erest frwn tM date thereof until p~id 11K
rate of nine per oenwm pe~ ~+~wm; and all said costs, sharpes Md expenses incvrrad or paid, to~ther with wch i~taesf, shaU b~ aetwed by th~ iien of thif
6. That (a) in the ~vent of any breach of this Mortya~ w defautt on the psrt of the MORTGAGOR, or (b) in the event any of sa~d wmt of mw~ey
haein refened to be not promptly and fully paid wi~hin thirty (30) days next after the iar~e severslty become due ~r~d p~yabk. without dsen~nd p ewtice.
or (d 1n ihe event each and every the sti~wlatioru, agneinents, conditions snd coven~nls of u~d promiswry note u~d this mortpaye any a either not
iuly, promptly and fully perfo~msd. disch+r9ed. ~xecuted, ~ffected. conp{eted, compl~ad with and ab~ded by, then in ather or ~~y such ~wnt ~hs ssid p.
gregsh wm mentaned in said promiuory ~ote nc~n remaining unpaid, with ir?te~sst scu~ed, and all moneys secured hereby, shall becwne dw and pay~
able forthwith, Of tF1efNNN. st 1M option of said MORTGAGEE, ~s fvty and compktely ~a if all of the wid s~ms of money weie aipinally at~pul~ted
to be paid on such day, anything in ssid promiuory nofe o~ (n this AAatyage fo the contrary nofwithsta~+ding; and fhereupon p thereaher at th~ option of
said MORTGAGEE, witFwut notice w demand, wit at law or in pvity. therefws w thcreafter begun, m~y be prosecvted as if sl! na~eys secvred hsreby
~~d rrhrivl «~p to its institution.
1 C 6 t'9 d the event ~hat at tl+e beginnirg of or at any Yune pee~ding aoy wit upon this Mo.fg~pe. or to fereclose it, or ta nform it, or ro enforp
paloiyp~ q ~Y de'ms hereunder• said MORTGAGEE sMll apply ro the Court l+avirg jurisdiction thereof fw the ~ppointment of ~ Receiver, wcl+ Coun sh~11
_ ~j ~ im s receiver of s~id mortgaged preperty all and sug~rla?, includ~:ig all and singulu ths i~come, proi~ts, issves and reve~ues from wMtever
~ = O , each ~nd every of whkFi, it bei~y txpressty v+~de~rs~ood, is he?eby mortgaged u if spscifically s~t fath ~nd described in the yranrirg ~nd
' 71. 2 C .ses hereof, u~d such Recriver shall have ~II the brwd and effective functions and powcrs ii~ ~nywise entrusted by • Courf ro ~ Receive~. ~nd
~~i ent ~hall be m~de by wch Court es an ~dmitted equity and ~ ma~tcr o( absolute rght ro siid MORTGAGEE, and without refera~r~ce to th~
r n wd,-qvacy oi the vslue of the property mort9~ged or to the wtvency a insolv~ncy of said MpRTGAGQR . or rhe defenda~n, and that such
m income, iuues and revenues shall be applied by such Receiver accordx~y to tM lien or puity of sa~d MpRiGAG~E and the practic~ of such
-.~ly. P~omPtly ~nd fulh~ Pe?form, diuharge, execvte, effect, cw^Pl~te, canply with.l/ld.±bi~ bY sach an~ ewry ths st~pulatioru, a~nemeny,
conditwrq•and covenants ~n sa~d promissary note and this mortyag~ sat fwth.
9. That in the event the ownenhip ef tbe mortgayed premises, or a~ryr part thereof, becomes vested in • penon othe~ tha~ the MORTGAGOR, th~
MORTGAGEE, in successors ar~d sssigro, msy, wi~hout notits to the MORTGAOR, deal with such successor or successor in interest with reference lo this
mo.i9+ge and ~he deb~ he?eby secwed in the same manner p with Mortgagw without in a~y way viriati.g or discharging the Mort9a9ws' liab;l'ny Mr?
urxfct or upo~ the debt hereby secvred. No sale of ti,e premises hereby rnartysged ~nd no forbearsnce on the part of the MORiGAGEE or its ~ucceuon
or sssigns and no extension of the time iw the payment of the debt hereby secured given by ti+e NIORTGAGEf or its successoa p assiprq, ppuaq
Io rekas~, dlxhuye, modify change or affect the original liability of tha MORTGAGOR herein, either in whole or in paA.
10. It is specifically agreed thst time a of the es~ence of this ~ contrsct and that no waiver of any obligst~on herevnder or of the obliyation s~-
cvred hereby sFull ~t any tvn~ therea:ter be held to be a waiver of the terms hereof or of the instrument secured F~erby.
11. In add~tion to the fwego:ng monthlY p~Ymenq of pRnc:pa) and intetest requucd by the promissory nole secwed hereby, mortgagor cpvenany
and agrees to pay to mongagee with esch monthly payment an additional sum estimated by mortQagee to be eq~at fo 1/12 of the annual cost of the fdlow-
ing:
A-All real propery taae! kvied or assessed against the above described re~l ests~a ~
B-Premiums on fire and windstorm inwrance as herein requ~red to be urried on tF?e improvemerth situate on the abore desuilxd pre+n7ses,
C-Premiums a~ such mortgage gvara~ty iruurance as mortgagee sha11 from time to time deem fit to t+rry on tf~e toan setuted hereby,
Mwtgagre shall from time to time notify mwtgagor in writing of the amount due and payable he~eunder snd sucF~ sum shall thereupon be due and
paysbk on the due date of the next monthly paymeM and each wttessive mo~tb thereafter until rtwrtgagee sha11 notify mortgagor of a chaege in such
arnount. Such sums shall be applied by mortgsgee toward the p~ymenf of reat p?ope~ty t~xes, insuraote prem;vms, and mortgage 9us~an}y ~~x~~~
premiums. .
IN WITNE55 WHEREOF, the aa' MORTGAGOR has herwnto s~t his hand ani! seal the day snd yea first aforesaid. • ~
Sig aled id ~v in th~ presence of: . .
~11.E'0 ANO RE60RDED - . , ~
TY. FLA. . .
ST, ~UCIE COUN ~ ;
~~c ~nRE!~46~ .
n i
ig 9 ~ ~
51ATE OF FLORIOA ~69 OC~. 20 ~ ~ •
courmr oF ST. LL~IS ~ • • .
e.f«e e» person~uy ,ppea..d
COS~ L• Ba~l@ B~IW ! Z V I~swile, to me well known a~d known to me w b~
the tnd+vidwb dewibad In and who e:ecufed ths fo? , and ackrwwleti~ed boforo ms that thsy ~xetuted the same fw th~ prrpo~as
rnK~, ,,;d Rrances C. I?! sik, wite ot the sa,id Stephen A. Misik,_.,~;_,-~.
~+Fr~~ CeZOlYII A. BailevL wite of the s id t As; ~ e ~
e~amirution by me tske~ se X !±A~' ~,N~?N~' ird
perate snd ap~n hom her s~id Ixnb~nd, adu~oMrledged w and befon +n~ tMt ahe exewted said. ~p(~..;
rsaily and witbovt +rY comP+ilsion, constraint, ~AW~h~ns~a4 fear of or from har said Misband. v~~~~ '
. ~ a~~.~
WRNESS my h~nd ~nd official seal ~y ~ OCtOb@I
~ //~J,., 'V:• i. . _1 .f:
~/J • ~ ' i_.f.3'•y..
- r~ ~~~~~]~-'1• r[;1 .
. ' Nobry Pvblic in ~nd for tM Stat~ pf~~orid{ at latp~~'R=
Retvrn To: • , MY Comm'rasion expires: ~~-~:'iii/ .:~~f?;
R?st federal f :
J •:C: -
savi~ps a losn /wocistia, ~ - -'`'f
Of Fort P~erte. • ~
Fqt Pierce. Fbrida - . , .
• 1 .
This Instrument Prepared By Thoa~?s A. DrisCO21
First Federol Savings b loan Association
' of Fort Pierce , FloYida .
Checked By n R
800K ~80 ~~5~
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