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3. To plsce and continuovsly k~ep on tM bulidinpf now w Mr~af~K utu~i~ on said land ~nd on ~II equipment ~nd personaliy cov~r~d by thi~ mat~ ~
p~, with ~II premiums therew~ p~~d in full, fi~e insuranc~ i~ ~F+~ uiwl ~u~dard policy fam, in a ivm approved by tM MORTGAGEE, and winihtwm
insura.+c~ in tM viwl s~andard policy (am, in ~ wm ~pprov~d by tM MORTGAGEE, in such company or companiss as tM MORTGAGEE may
dinctj and all fin ~nd windtrorm iniwanc~ polici~i on any o/ ssid bui?dinp~, ~ny ie~Nroa~ ~hsrein or pa~t thereof. in tM ~pyreyah s~m ~for~s+id w
!n rasrss !l:s:eof, a~rs!! cMte~+ the vs~
a! s!~±dard claua~ or ~uch otlw clauu as th~ Mortgaaes may r~quu~. makinQ IM loss urdN ~aid po~F _
cies, each and every, payabl~ to said MORTGAGEE ~s its intaest may ~pp~ar. and each and e~ery such policy shall b~ ~omptly ~ss:9~ed and d~~ivered to
any Mld by aid N10RTGAGEE a further tecurity ro ssid mwtya9~ debt, u+d, not Itu th~e Ien (10) dsys i~ advsncs of ths eapjrat~on o1 e~ch policy, 1o d~-
liw? to iaid MORiGAGEE a r~newal ~M~wf, top~th« with a r~ceipt iw tl+e premium of uxh ~enewalj and ~hs~e ihatl be no f~re o~ windstam inwranc~
pl~ced on s~+y of s~id buildir~s. ~e?y intar~tt tMr~in o~ part thereof, vnteu in ~he form and wi~h tiK lou payabl~ as afaesaid; u+d ln tl+e avent eny ~um
of n~y becanes payabl~ v~ds~ such policy w policiss sald MORTGAGEE sAall Mw tM option to ?ccrive snd spply the same on +ccovm of tM i~deb~ed
neu tec~red hereby o~ to pe~mit said MORTGAGORS fo repiw and us~ it ot ~ny part Ihereof fw othcr pwposes, wi~hout thrreb/ waivi~~g or ~mpair•
Inp a+y puity, lien or riyht ~ndK w by virtw of thi~ mortpap~t +~d in tM tvenl said MORTGAGURS shaU for u?y reason fail to keep the said premiss~ so
iniured, o~ fail b dtliver promptly any of ssid polities of inswance to u+d MORTGAGEE, w fail promptly to pay fulty any premivm thereior a in sny
rt~pect fait to pafwm, dischupe, execufs, effect, compkte, comply with ~~d ~bids by this covenant, a sny part hereof, isid MORTGAGEE may pl~cs and
paY fw wch irowae~c~ w any part the•wf without w~ivinp or aff~ctiny any optiay lien, aquity, a righf under w by vi.tw of thlt Mortga~, s~d th~
full amouM oi each and ~v~ry ~uch p~ym~nt shall b~ immsdiately dw u+d payabl~ and ihall bear interest from ths date thereof until paid ~t th~ rat~ ol
nine per cmrum per annum and together with iuch inte?est sha~l be secured by ths lien of tAis mortpage.
4. To permit, oommit a iuff~r no w~st~, impairment a detaioration of uid property w u~y part the~eof. .
5. To pay ~II ~nd sirgulu tl+e costs, charpes ~nd expa?set, intluding s reasonsbk attwney's fee ar~ co~~s of ~bstracts of tiNe, incurred w paid ~t
s~y time by said MORTGAGEE, b~cause w in tAe ~vtnt of ths failw~ ae the p+rt of IM said MORTGAGOR ro duly, promptly and fully pe~fwm, discharga,
ex«uts, effect, compkt~, comply with and abtde by ~ach and every the ~tipvlst~orss, ayreements, condirions, and covenanrs o( taid promiuory not~ and thu
mwtyays +ny w e~ther. ~nd said cosq, ch+rg~a and ~xpensos, each and every, shatl b~ imrned'utely due and payable: whether a not ther~ be ewtice de
mand, attemp~ ro colkct w wit pandir?pt ~nd tM full smount of e~ch and every wch p~yment ~halt bea interes~ from the date fhereof vntil p~id at tl+e
rate of nine per ccntum per annum; a~d all said costs, cMrges ~nd ezpenses inwn~d p paid, toyether with such interest, sh+ll b~ setured by the lisn of tha
mort~aye.
6. Th~t (a) in the eveM of any breach of this Mortgs~ or default on the psrt of the MORTGAGOR, w(b) in the event anr of said sums of money
herein rofe~red 1o be no1 prompHy and fully paid within thirty (30) days nexf after the same severatly become due snd payabk, without demand a notic~,
w(~ in the event each and rvery the stipulations, sgrsen?enri, conditio~u snd covens~ts of ia~d promisso~y note and this mortpa~e ~~y o? eithtr are rw1
~uly, prompHy and tully perfamed, discharged. executed. ~ffected. compteted, complied wifh and abided Sy, then in eithe* ot any :uch ~wM tlw s+id ag
p~egate sum mentaned in said promiuory note then remaining unpaid, with interest acuued, ux! all moneys secured hereby, sMll become dw ~nd p~y~
able forthwith, w thereafta, at tl+~ option of said A10RTGAGEE, as fully snd completely as if ~II of the wid sums of money were aigirully atipvlated
ro be pa~d on such day, anythirg in said p?omiuory note w in this Mwt~~ge to the contrary notwithstanding; u+d thereupon or therea(ta al tM option of
uid MORT6AGEE, without notice w demand, wit at law w i~ puity, thcreforo w thereahe+ begun, may be psosecvted u if ~II moneys secured har~by
had malured ptior to its institution.
7. That in the event that st the beginnir+g of or st ~ny tim~ pending sny wit upon this N4o?tgage, or ro fweclos~ h, or to refwm it, w to anfores
parment of any claims hereunder, said MORTGAGEE sMlt apply to the Court Mvinp jurisdrctio~ thereof fw the appointment of a Reteive?, suth CaM ah~ll
fwthwith appoiM a receive~ of said mortgaged properfy all ud s'ugulu, ir~clud~ny all and singular ths irxona, pro(its, issves end rovenues from what~ver
soures derived, each and every of which, it bein~ expressty underslood, is htreby mortgsged as if tpec~tically set fo~th a~d dewibed in the yr~~tinp and
habendum clauses hereof, and iuch Receiver shalt haw sll the broad and effecrive funct~o~s a~d powen in e~yw~se em~usted by a Coun to a Receiver. a~d
svch a~intmen: shall be made by such Court as an admitted equity ans! s w.~tter of absolute reght to said N10RTGAGEE, and without refersnce to tF~e
sdequaty w inadeqvacy of the wlue of the proptrty rnwtpyed w to ti+e solvency or ~asolverxy of said MORTGAGOR p the defendants, ~nd that such
renrs, p?ofits, income, issues snd revenues shall be applied by s~rch Reoeiver sccordirg ro the lien w equity of said MORTGACaEE snd the practice of wch
Cour1.
8. To d~rly. p?omptty and fully perform, d'acharge. execute, effect. conqkte, comply with snd abide by. each and every the stip~btions, ~greements,
conditions ~nd covenants in said promissory nots and this mortgsge set forth.
9. That in ths event the ownenhip of the mortgsped premisea. w any part thereof, becomes vested in a penon other thsn the MORTGAGOR, th~
MORTGAGEE, iri succeuws and usigns, may, without notice to the lMORTGAOR, deal with such succeuor or tuccessor in int~rest with reference to fhis
mortgsg~ and the debt hereby secu~ed in th~ sune manner as wi~h Mwty~gor w~thow in ~ny way vitiatirg or dixhsryiny the Mwtyagon' lfabitity here-
u~der w upon ~he debt hereby secwed. No s~le of the premises hereby mwtgaged and no forbearance on the part oi the MORiGAGEE a in s~ccesson
p assgm and no extension of the time fw ths p~yment of fhe debt hereby secured given by Ihe MORTCsAGEf or itt successw~ or assipro, stwll operate
!p re!eale, d}scha?ge, rnocl+fy c1+ar~ge or efft~ct the origena! lialxility of the MORTGAGOR herein, eF*FMt i~ wlwl~ w M part.
10. It is specifically ag~eed that time is of the euenc~ of this canracr and thst no w+iver of any obligsta~ hereunder a of th~ oblip~tion se-
cwed hertby sMll et any time thereafter be held ro be a waiv~r of the terms hereof w oi the instrument secured herby. '
I1. In addition to the forego:ng rnonthly psyments of print:pal and interest requered by the prom:uory r?ote secwed hertby, mortgsgcs? tovenants }
and agrees to pay to mortgagee with each monthly payment an addirional ium estimaied by mortgagee to be eq~al to 1/12 of the annval cost of the follow-
ing:
, A-All real property taxes kvied or assessed against the above described real esuta '
' B-Premiums on fire and windstam inwrance as here~n requ~red ro be carried on the imp?ovements aitwte o~ the ~bove dexribed premise~.
~ ~.-~re~n~~~t~3 wl Svfn ~wwiyeyn yus:u.~iji i~u~i:i:~i2 i9 riwriyoyEd Siwii iiin~~ iniw iv i~rno uovi. iii iv io~:j aa~ ii~2 ive.-~ mviti i.c:2v~. ~ -
Mortgagee shail from time to time notify mortgagor irt writing of the amount due and paysble hereunder and such wm shall thereupon be due snd
' payable on the due date of the »ext monthly paymeM and exh succeuive month thereafter ur,til morfgagee shall notify mortgagw of a ch~nge in such
amount. SucF~ sums shall be applied by mortgagee tow~rd the paynxnt of real property tsxes, insurance prem:ums, and mortgsge guaranfy insurance
F p?emiums.
IN WITNE55 WHE F, the sa" RTGAGOR hss hereunto set his hand and seal the day and r f'asf aesa .
' ned. Sealed de' tM qf:
' n
~
~ Q4. ~1~~~~~ ~ .
~ •~3 .'ti~y i~.,
~~~i~ .
STATE OF FLORIDA ti i'~C` ` 3R- ~ ~ Ji ~
COUNTY OF S t. LUC 1~ ~ ~ f.'~'Lr f ~y'~~~~~
Before me personally appesred :.va~:•~`~;~,ce
tl~ldred S_ Rohm ha wife, ro me well ' _ui~.joc~i~
the individwb described in ~nd who ~xecuted the fora9anp instrumerH, and adcnowfed~ed before me that tF~sy execut~~ . ~,~11r~s
Mildred B. Rohm , J~~~ : t
<k ; .
rherein sxp.essed. a~d rhe sa~a , =
•,.~•~v;• <
.lOtlll IZObQxt RO}lID r y ,
wife of the said ~ ~ aN
. . ~110'~'~
examiaation by me tsken ~eparate and spart from her ssid husba adcrwwlsdged to and before me that shs exewted ssid instnuiwhf; vot~n-
tsrilr ~nd withow any comp~rlsion, constraint, eppre ion or from her said Fwsband. ~
I
WITNESS my hsnd and official seal tl~ia ~ day March D. 19 7O '
i
• Not ublic in end for the Stat~ of Fbrida at larp~
M,, c«~~.~ 1 A 9-'f i
aeru.n To: • -
First fsderal Savinys 3 loan Association
Of Fort P~erce. ~YP~~3ti~ SiA7E OF FLO~lDIi AT. LARiE
Fwt P~erce, Florida = MY. COMMISS I NQ~V ~9' 187Z s
• ~ ~ONOEO ~IIROi~~~~~f~ }
ST. LUCIE COUNTY~~.
RECORC VERIFIED
This Instrument Prepared By James D. chastain 19156$
First Federal Savings 8 Loan Association ~lo V js 30 ~ e: Z O
' of Fort Pierce r FloYida ~w;~ 7
c
Checked By b R ~t~ e~t~ ROG~ ,POITRAS
d00K~VtJ PAC~(~~~7 CLERK CIRCUIT CO,UR?~;
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