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3. To plao~ and ca+timiou~ly ke~p on tM bultdinps now a Mr~+ftN afwb a+ stid Iu+d snd on all eq~ipm~nf ud pNlonally covtr~d by this nar1~- ;
~q~, with all pr~m;vms thereoa pa7d in full, f1n iniuru+c~ in tM vswl uaodard poticy fwm, in a sum ~pprovad by tM MORTGAGEE, and windstorm t
inswance i~ tM uiwl ~und~~d policy iam, (n • ium ~pprov~d by tM MOaTGAGEE. in wch companY c+ comP+ni~s ss tM MORTGAGEE m+y
dirMt +~d ~II lir~ u+d w'uKhwrm i~wa+a polkia on u~y of uid buiWuip~„ any inta~st tMrein a put thereoF, tn tM a~yre9~t~ wm ~fa~wid w
In ucc~u tMnof, sMl! contsa~ tM uiwl st~ndud mor~y+~e clavs~ a wch otFwr daus~ as th~ Mwty+p~e m+y ~eq~ir~. makinp tM loss u~ s+id po1F
cies. tach and ~wry. WYabk 1o s~id MORTGAGEE as its iNae~t m~y appsa~. aod tach and ~wry such policy sh~ll b~ promptly ~sa:y~xd ~nd delivered to
any MW by said MORiGAG~E as tunhK s~cu~ity to saW nar~ya~ debt. +od, no~ ks~ th+n ten p0) days in adva?~ce of the txpir~tion of each policy, to d~ ;
IivN ro aid MORTGAGEE s renewsl thenof, toptthu with a roceipt for tM pr~miwn of avch ~H+ewalj ar+d tMr~ sh+ll be ra fire w windstorm Inwraec~
pl~cyd on ~ny oi said b~ildinps, any intKest tMr~in or parl thaeof, unltss in 1M form ~nd with tM bss payabk as afo~ei+idt ~~1 ~~~^t ~ny wen
RqMy ~n~s p~rabk ~~+d~ wch polky or polici~a aid MORTGAGEE shall Mw th~ cptan to r~ceive u~d spply ths s+rra on +uow+t of tfit ind~bt~
n~ss secy~ed henby w to pamit s~id MORTG/1GORS ro r~ceiw ~nd uss it a a~y part thereof !or othcr purposes, without the~eb~ waivin9 w impai~-
inp ~nY pvity. IiM ot righl ~nde~ w by virtw of tl+is mort9syt: and in rh. •va+f u~d MORTGAGORS •hsll tor •ny reason fail ro keep ~M uid pr.mises w
ir?su~ed, a fail W d~live~ promptly any of s+id pol'~ties of iruvrante to s+id MORTGAGEE, w fsil p?ompNy to pay fully any premi~m ther~for w in ~ny
respecl fail b pafam, diad~ar~e, execute. ~ffM. complets. comply with a~d abid~ by this oo~snant. a~ny part lw~wf, ssid MORTGAt'sEE m+y pt~p ~nd
paY fa wch Law+r~ or any Wn thtreof without waivinp w~ffMinp uiy option, I'~en. eqv~ty, or rght unda or by vi?tw of this Mwtpape, and tM
full amount of sach and wKy wch paymN?t aMll b~ immsdiately dw and p~y~bl~ u+d thall beu {nterest from ths dau ~hereof until paid at tM ra» o{
~ine per centvm pN anrwm snd together with such interest shall be sacured by ths lie~ of tha malyap~.
4. To pKmit, oommit or wffw ew wa~te. Mnpaumeni or dNerioration of s~id prope~ty o? +nY put tl+ereof.
S. To pay ~II and sirgula? tM costs, char~s a~d ~xW^ses, ind~d"g + reasonaEk attwn~y's ie~ ~nd oosts of sbstrsces of titt~, tncvr?ed a paid at
sny time by said MORTGAGEE, b~cause or in tM event of tM failws ve the psrt of tM iaid MORTGAGOR to d~ty, prompdy snd fully pafonn, dixhuy~,
execute, ~if~ct, complet~, comply with u+d +bida by e+ch and svery ths stip~rl~t~o~s, apreemenn, conditions, and cover~nq of said promiswry not~ and tha
mortyape any or e~th~?, a~d iaid cosn„ chupes and exp~n~es, esch aed ~very, sh+11 be immediately dve and payable: whether or not thae be notic~ d~
mand, ~rtempt to collect or wit p~nd~ng; and th~ full arrwvm of each and wery such payment shall bea. intere~~ fran ~he date thereof until paid ~f tM
rate of nine per centum per a~uwm; ud all said costs, th~r9es and e,epenses incvrred w paid. top~ther with such inte~esf, shall b~ satuted by th~ lien of tlw
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b. That (a) i~ the evcM of any bro~ch of this Mortgspe or defaull on the part of the MORTGAGOR, w(b) in the eveM any of said wms of mone~
herein referred to be not promptly and futy paid within th;rty C30) days nexf afta ~he same aevaralfy become due and payabk. witFwirt dsmand a no~ic~.
or in the even~ each s~d every ~he stipubtiorn agreemsna, conditio.u and coven+nts of sa~d promissory note ~nd +h~s matpa~e any a sither ar~ nol
iuly. prompNy and fvtly perfo.med, d~schar~ed, executed. effacted, completed, compl~ed with and abided by. then in e~ther w ~ny such ~vent tM said ag
greg+fe wm menYaned in s+id promissory nofe fhen remaining ~~paid, with interest atuued. and all moneys setured hereby. thal! betane dw and paY
abk fathwith, a thereaher, at tFw optwn of said MORTGAGEE, u fvlly snd compkuly ~s if sll of the said sums of nwney were or~q~nally stipu{ated
to be pa~d on such day. anythiny in said p?aniuory note w i~ this Mortps9e to the contrary notwithsanding; and thereupon or thereafier st tM option of
said MORTGAGEE, without notice a demand, wit at law w in equiry, tMereFore or thereafter begun, may be prosecuted u if all nwneys secvred haeby
twd m~fured prior to its inititution.
7. That in the we~t that at the begirminp of or at any time pendi~+g u~y wit upon rhis Mortgase, or to forecbse h, or to roform it, o~ to enfora~
payment of artyr claims hereunde?, said MORTGAGEE sMll apply to the ~ourt Mv;rg ju~~sd~nioo thereof for ths ~ppo~ntmen~ of a Recciver, wch Court sMtl
(wthwith sppoiM s receiver of said mort~~ged property all and singuiu, includ~np alI snd singular the income, profits, iswes and revenves irom wF~stever
so~rce derived, each snd every of which, it beinp ~xpreuly unders~ood, is hereby mortgaged at if spaifiully set f«th and dewibed in the 9ranYu+p and
habendum cl~us~s hereof, and such Rcceiver d+a~l tave all the bro+d and eifective functaru and powe+s in anywise entrusted by a Covn to a Reoeiver. and
such +ppointrteent shall be made by wch Court u an admitted eqvity and ~ m~tter of absolute riyht ro s~id MORTGAGEE, and w9thout reference to th~
adequacy w insdequscy of the wlw of the prope?ty mort9s9ed w to th~ wlvancy a insolventy-o( said MORTGAGOR q the def~ndann. ~nd that sucfi
renn, profia. income, iuues and revenues shalt be spplied by axh Receive~ accwdinp to the lien ~ puiry of said MORiGAGEE and tFee practiu of such
CouA. - ,
& To duy. promptly and fully perform, d'nch~~, exccut~. eHect, arnplete, tomplY with snd sbide by exh snd ewry ths stipulatior~s, ~preenNnts.
conditions and covenants in said promissory ~ote and this mortysge ut fwth.
9. That in the event the ownership of tl~e monQayed premisea, w any part thereof, becomes veated in a persoa othe? than tM MORTGAGOR, th~ '
MORTGAGEE, its successors ~nd sssigns, msy, without notite to the MORTGAOR, deal with such suaessw or suttessor in interest with mferente to this
morty~ye and the debt hereby secvred in the same msnner as with Mortgagor without in any way vitiatirg w dixha~ging the Mortgagora' liability her?
under w upon the dsGt hereby sea?red. No ssle of the p~emises I.ereby mortysged and no fwbearance on the pan of the MORTGAGEE a its suaeuors
or sasgns and no extens;on of the time for the payment of the debt hereby secured yiven by the MORTGAGEf w ib succ~ssors or ~ssipm, sl~sll operata
ro rckase, dischuge, modify chsrge a ~ffect the uiyinal li~b~l~ty of the MORTGAGOR hereu4 either in whole w in put.
10. It is sp~dFically agreed that time is of ths essence of this contract and that no wsiver of any obligatan he?eunder or of ths oblipation se-
cured hereby s!»II at any lime thereafte~ be held to bs a waiver of the terms hereof or of the instrument secured herby.
11. In add~tion to the fwego:ng monthly paymenb of princ'pal and interest requ'ued by the promissory note ~ecvred hereby, mortgagor cov~nants
and sgrees to pay to mortg~gee with each monthly payment ~n addi~iona! sum estimated by mortgagee to be equal to 1/12 of the annysl tost of the follow-
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A-All real~property taxes kvied or sssessed agaimt the above c~~su~'bed real estate. - ~
B-Premiums on fire and windsto~m iruurarxe as herein requMed ro be urr'~ed on the improreme~ts sitwro on the above desa~ed p?emaes.
C-Prerr~iums on wch mort9sge guaranty iruurance as mortg~gee shsll from time to time deem fit to carty on tAe {oan setured hereby.
~ Nlortgagee shall from time to time ratity mwtgagor in writing of the amount due and payabk he~evnder and such wm shall thereupon be du~ and
payabk on the due date of the ru~et monthly payment and each successive month thereafter ~ntil mortgagee shall notify mwtgagor of s cha~ge in wd~
~ amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insunnce prem:ums, and mortgage gvsranly inswu+ce
j premiums. -
{ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day r fint oresa"
gr+ed, s ~ a d r~d ~n th~ of: FILEO AND REEORDED~
~ ST. LUCIE COUNTY. Fl . ' ~
s ~~r~ V_;<1F~E'.~ ~
- ' 184461 ~ !
STATE Of FLORIDA ~ ~ ! ~ O ~ ~ ~ • ~ ~
Counmr oF ST • WCIE ~G~~ ' ' -
u C~tF"afid I FK?• 3[usd .~,a
e~fo.e ~ a.w~ r '~'e`~
e • Y his wire, ro me we~~ knovv~, .nd knovw+ ro m. ro b.
the individvals described in and who executed tha foreyoin~ instrumeot, and acknowledpad Mforo me that ttiey eaewted ths wme for ths pwpaes
~~e,~~ Q,~,e~d. ,?~,d t~. ,,;d Nettie F. Hurd
W~ie ~ tr» ~~a ' Garland P. Hurd .,K,,,,» p;,~,,,~
exsminaYan by me tsken separate and span from he~ saW hvsbs~d, adcnowleJped to and bsfon rn~ tiut ahs exeaeted said imtrumem freely and volun~
eariiy and without arey compulsion, aorutr+int, pprehauan,.~ feu of or from her wid Fwsba~+d. ~ '
OCtObSl'
WRNESS my hand ~nd offitiel stal this ~ day of A. 0. 19~_
~ .
No1sry P ~c in ~nd for t ata~ of Floride ~t Larp~
, Mr " ion ~,~p;re,: !~-6, ~97/
Return Ta • ~ ~ ~
Fnt Federsl Savinps 3 los~ As~ociation e r• ~iry PIl~[. 6~n
Of Fort- P~erte. ~ _ ~ ~ ' ~ ~OQIBtSSlOB ~ •
FQrt Pierce. Fbrida :
;`\l.' ~'..'fr~~ ~dh~~tA!l~~it~~M
, i~
~ ~ = C: • :
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This Instrument Prepared By Jo~ Cp~l~.ns~ _
First Federal Snvings b loan AssotiaYwn ~ ~ ~ ~ ~ _ :
~ ~of Fort Pierce~ R1oZida ~
~~•i. ~ : i :'~l -
,.,p ~`'`~A ~T'a(~.
Checked Byrr.,J~ --~r.}~;~~;`•~ .
aaoK18~ ~~1558
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