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3. To plat~ an~ tontinuo~sly kNp oo tM bui!die+ps now o? htr~aitK Wtv~N on said land and on all pvipment ~nd psrsonally covend by Ihis mat¢
a9~, witb ~ll premiwns ~hereon paid i~ full, fi~~ k?wr~nt! in IM uswl standard policy fotm, in a wm approred by tht MORTGAGEE, and wir+dstorm
iruu~anc~ in tM usu+l standa.d policy fwm, tn ~ sum ~pprowd by tM MORTGAGEE, in wch comp+ny o+ c«npu?ies +s ~M MORTGAGEE n+ay '
diroctt ~r?d sll fir~ arwl windstorm i~wanp polic~es oe +~+y of uid bulld~nps, any intK~st therein w p+rt thtr~of, in Ihe apyrey~te wm afor~said or ~
in excess thereof, sMll co~t~in ths uswl uandud mor~~a9e~ clausa w such otMr clavse sa tM Mortgayee +++ay req~~«. maMirg tM bs~ ~~de~ ~a~d po1F ~
cies. esch and every. paYabl~ to ~aid MORiGAGEE as iq intKat m~y ~pp~ar. ~nd each and ~vKy such policy ~lwll be promptly ~u y~ed and d~livKed to :
~ny Mld by iaid MORTGAGEE ~s i~nhe~ security ro s+id ma~psye dsbt, ~nd, not I~s~ thu? ta? (10) d~ys In advancs of ~M eapir~tion ot each policy, ro d~
liver to said MORTGAGEE ~ renewal thereof, tope~F?K with a receipt fa tM premivm of iuch ~enewal~ snd ~he.~ shaU be ~+o f'ue o. windi~am inivru~c~
pl~ced on any of said buildinps. ~ny intareat thsr~in ot p+rt the?eof. unleu In tM form ud wiih tM loss payabl~ as afo~eiaidr ~~d in 1he ~vtnt a~y w~n
of money becanes p+YaWe under such polky or polici~s s+id MORTGAGEE shall Mvs ~M optio~ ro receive and apply the same on sccounl of tM i~dtbted- :
neas aecured FwreEy w w permit said MORTGAGORS ro noeiw snd us~ it a s~y part thereof fw other pu~poses. wi~hout thrreb~ wai~ing or impair- ;
i~p ~ny equiry, lien or rigM unde~ or by virtw of this matpay~; and i~ th~ wtnt ta~d MORTGAGORS shall for a~y reason fail to keep the uid premiies so [
insured, or fatl to d~liva prompdy ~ny of said policies of irawant~ ro s+id MORTGAGEE, w fail promptly to pay fully u?y premium therefw w in ~ny {
resped foil fo pufonn, d~schuge. execut~. efi~cl: compkte, complY with and +bid~ by *hii mverwnt, a ~ny part he~eof. uid MORTGAGEE ~m+y pl~os and t{{
PaY (w such ir?wrancs w u+y part th~.eof witho~l w~iving or af(ectlrp +~Y oP~ia?. (w^, equ~b. a righl vnder w by vinw of ~his Mortga~. ~nd tM t
full arno~nt o( each ux! every such paym~nt shall be immsdiataly dw and p~ysbl~ u+d thall be~r inte~e~t from tM d~q thersaf v~til paid ~t tht rat~ ot ~
nine per centum per annum and to~etF+er with such interesf sh+ll be secured by tM lien o~ this mortpage.
1. To permit, commit or suffa no wuts, impairment a deteriaatan of said properry a~oy p+h tMreof. ~
S. To pay all s~d siegular ths costt, ch+rpes ~+d expenses, indudiey a roasonable attorney i fe~ and costs of abstrscts of title, incurred or p~id +t
any time by wid MORTGAGEE, because or in th~ event of the failwa on ~M part of the said MORTGAGOIt to duly. prompllY ~nd fvllY pe~iwm, d~xhup~,
execute, effect, camplete, comply with and ab~de by tach ~nd every the stip~latiau, ~yreemenn, conditia+s, ~nd mvenants of said promiswry note aiu! tha
mat~ape any or either, and sa~d cosb. chupes and expenses. e+ch +r+d every, shsll b~ immediately due artd payable: whethe~ w rat there be norioe da
msnd, attempt ro colktt w wit paxli~ and the full aRauM of tach and ew~y sxh psymeM ~t+all bear interesl from fM dats thereof until paid al the
rate of nine per centum per annum; and all said costs. chu~ts a~d expenses incurred or p~id, togtther with wch intereat, shal! be sewred by /M lieo oi tha
maty~~. ~
6. That (s) in the event o? a~y br~ach of this Mortya~e o? defwlt on the part of the MORTGAGOR, w(b) 7n ~he event sny of aid sums of ma~y
herein referred to be not promptly and fully. paid witfiin thirty (30) days next aftea the same severally become due and payable. witlw~M. demand a notit~,
or ~c) in tM eve~~i rach and every the stipul~tiwu, ~grNmenn, cond~tions ~nd coven+nts ol sa~d promiuory note snd th~s mortpaye any w ather are no1
iuly, promptly snd fully pe.formed. dtxharged, execvted. ~ffected. oompkted. compl~ed with and abided by. tha~ in either w any iuch ~vMt tM s+id ag
gregate wm meotaned in said promisaory note thM remaininp uopaid, with interest accrued, and all moneys setured hereby. shall become dw and p~y-
able fwthwith, a thereafter, at the option of said MORTGAGEE, u fvlty and comple~ely ~a i( all of the wid wms of money were originally stipulated
to be pa~d o~ such day, anything io said promissory note w in tF?is Nbrtyage ro the contrary ratwithstanding; and thereupon w thereafter a~ tM option of
said N10RTGAGEE, witFwut s+otice or demand, wit at law or in eq~ity, therefor~ w thereafler begw+, may be proxcuted u if atl nwneys sacured Ix~reby
had matured prwt to ib instilWiun.
7. TAat in the event that at the be9inning of or st ~ny time pe~ng sny wit upon thia Mortgsge, or to faeclos~ it, a fo refwm it, or to enford
paYment of any claims he.eunde~. said MORTGAGEF ehall spply to the Gou~t having jvrisdittan thereof for the appoi~tmant of ~ Rettive~. wch Court shal{
forthwith appoint a fKllvN Of taid iflOfisi9ld PfOpfffy aI) alld 31f1gYlal, irKlud~ng all and iin9v~u th~ iryGans, proiin, iu~rea and rovenues from whatsv~?
wurce de~ived, each and every of which, it bein~ expressly understood, a hereby rt+atgaged as if specifically sct fw~h and described in the yrsntiry and
habendum davses hereof, and svch Receiver shall have all the broad snd effective funct~au arwa powers in a~ywise entr~sted ~y a Cou~t fo a Recci~er, and
s.,ch appointment shail be mads by wch Cou+t u sn ~dmitted cquity and a m+tta oi absolute right to wid MORiGAGEE, and wi~hout reference to the ~
adequscy or inadeqwcy of ths value of the propery mort9aged or ro the whrency o~ inso~vency of ssid 1NORTGAGOR or the defendants, a+d that such
ienrs, profin, income, issues and revenues shall be applied by such Receiver sccord~ny to the lien w equiry of said NIORTGAGEE snd the practice of such ~
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8. To duFy, promptly and fvlly perform, dhch~r9e, sxetute, effect, cor+ip~ete, comply with ~nd abide by each and evety the sfipulatans, agreemenb, ~
conditions arxl corenants in said promiuwy note ard this mortgsge set fwth. ~
9. That in the event the ownenhip of the rtwrfg+9ed premises, or any part the?eof, becomes vested in • person othet. th~n ths MORTGAGOR, th~
MORTCsAGEE, its successors and assigm, may, withoul notice fo the MORTGAOR, deal with such ~wccessor or succeuw in intetest with refaence to tF?is
mortgage and the debt hereby secured in the same maru+er as with Mwtgagw without in any way vifiatirg or discharging the Mortyaqws' li~bility herr
under or upon the debt hereby secured. Nq sale of the premises hereby mortgaged ~nd no fabearance on the p~rt of the MORTGAGEE w in svccessors
or auigns and no extension of the time for the paymeM of the debt hereby setured given by the MORTGAGEf w in aucteuors or auigns, sfiall operate
ro rekase, dixharge, modify chsnge a affect the original liability of the MORTGAGOR herein, either in whole or ln part.
10. It is spedficatly agreed that time is of the essence of this contract and tha~ no waiver of ~ny obl~gat~on hereu~der or of tM obliyation as-
cured hereby shsll at any timc thereefter be held to be a waiver of the terms hereof w of the instrwrxnt secured herby. ~
I1. In add~tion to the fwego:ng monthly parmenb of princ:pal ard interest required by the promissory note secwsd hereby, mortgagor tovensnts
and agrees to pay to mortgsgce with each'monthly payment an additio~sl sum estimated by mortgagee to be eqwi to 1/12 of the annual cost of the follow-
in9:
A-All real property fsxes kvied d assessed against the above described revl esate.
B-Premivms on fire a~d windstorm insurance as herein requ~red fo be tarried on the improve+nents s+tuate o~ the above described premises. i
C-Premiums on s~ch mortgege gw?anty imirrance as mo?tgagee shall from tGme to time desm fit to carry on the ban secured hereby. f
Mortgagee shall from time to time notify mortgagor in writing of the amount due and payabk hereurder snd suth sum shall therevpon be due and
payabk on the due date of tF~e next monthly payment and exh successive month thereafter w,til mortgsgee sfiall notify mortgagor of a d?ange in such.
! amount_ Such sums shall be applied by mortgagee toward the psyme~t of real property ta:es, inwrarxe prem~ums, and mortgags guarar?Sy iruu~ance
i premivms.
IN WITNE55 WHEREOF, the~said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid.
~ led a deli in the prcsenoe ofi l" ~ •
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STATE Of FLORIDA 1
$T. L.[ICIB } SS.
couNn oF ~ ~ .
eefore me personally appeared wi 11 ie Coll ins ~
Pauline Collins h;, W;f~, to ,t,e w~~~ know~, a,d k„ov~a, fo fo b.
the individwls described in and who executed the fore~oiny in~tru~ry, and ~ckQo~v[edged befwt me thst they executed the ssme for tl+e purposa~
therein expressed. Md the sa~d Pauline CAlllIl~
wife of the ssed Wi11~6 Collins upon a ieparats ~nd privat~
examinatan by ms taker~ sepsrate and spart from her s~id Mabsnd, ackrwwledged to and befon me that she executed said instrumeot, fretly aed voluo-
rarily and without u~y compulaion, constrsint, apprchension, w fear of w from her ssid husband.
WITNE55 my !»nd and offitial aea) tlin day of ~Ct~= A. D. 19 69
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~ • _ Noary P~+Wic io ~nd for the Ststt of Horida ~t lar~
Rerum ta • • ~ ts~~::ut~rri~~ = ` ~fT~"N~R.°lfNl~`Of FtORIWI AT tARCE ;
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fint Fedsral Savinps 6 Loan Association ~ ~~~r~~ C~~
~T SE~S~ 1~3 {
Of Fort Pierce. . ,i'';~ RECOFt0E0' ~ ~
Fort P~etce, Flor~da : ` ; • ~ FIIEQ AND
' = ; 4: ~ - ST. WCtE COUNTY. FLA. .
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This Insirument Prepared By John W.: Cp~Iini.,
~ , : . ~ • J~`" V
First Federal Savings b loan Association ; ` • ~ Z~ ~ , ~ • 5
, '~9 OCT
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of Fan Pierce ~ Flosidu ~ ` r~'•'~••"'~
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Checked BY • F-. t: N~•04T R hS
_ CLERK. CIRCUIT COURT -
, b00K ~~O PACf IGO~
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