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9. To plac~ and ca?tinuov~lY kMp on tM bvildinps now a hen+fi~r dtwt~ on sald I~nd and on all equipmeot ~nd p~rw~aily cowr~d by this mort~
ap~, with all premivms ~her~on pa~d in fvll, fin i~uvr~nce in tM vsw! suodard policy fo~rt?. in a sum appowd by the MORTGAGEE, and w~ndsro~m
k?s~wanc~ in th~ uswi sunMrd polky form, in • wm approvtd by IM MORTGAGFE, in such company or comp+nies +s tM MORTGAGEE may
dinctt ~nd eli firs snd w&~d;torm inwranot polkies on any of s+id buiW~~+ps, ~~y Inta~sl tl+K~fn a put tMreof, in tM sp~reyst~ tum ~for~taid w
In ~xuss Ihawf, sh~tl con~ain tM uswl standud morty~ daus~ w wch otMr ciaus~ as tM Matya~ may ~puw~. maker+p tM Iw~ wxla uid po14
cia, ~ach and ~vKy, payabl~ b s~id MORTGAGEE a its inter~st may ~pp~+r, a+d each ~nd ~vsry tuch po~icy ~hall b~ promptly asi9ned +nd d~liv~red to
•ny Mld by said JNORTGACsEE ~s furthe~ secvrity to aid mwtyaQ~ d~bt. u+d, not kss th~n t~n (10) day~ in advance of the ~xpirat~on of ~~ch policy. ro d~- ~
liw? to s+id MORTGAGEE • re++ewal th~rwf, to~tMr with a rocsipt fo? tM pnmium of wch ~~newalj and thsn ihall b~ no fire or windtlam ir~wr~nc~ i
platsd on any of said b~ildinps. ~ny interat thNSin a pan thtreof, unku in tM form a~d with the bss p+yabl~ u ~fwesaid: and in tM evtnt a~y wm
d nwney becar„~i p~yable wd? polky a~.olici~s said MORTGAGEE shall Mw ~M op~io~ ro receiw and apply the sune on accovnt ot 1M indebtcd~ ~
n.si s~cw.d iw,eby or w perm;~ said MORTGAGOrtS ro nuiw snd vss it w+oy pat thereof for orher pu~posei, w~~hout ihareb~ wai~i~~g a~mpair-
Inp anY puity, li~n or right under or by vktw of this mortpap~f +nd i~+ tM ~wr+t uid 1NORTGAGORS sh+il fa any reaso~ fail to keap the said pr~mises so ~
Mswed, or (ail q delivar promptiy ~ny of said polici~s of inswu~c~ ro said MORTGAGEE, or fail promptly ro p~y fully any premium therefw a in sny
nsp~cf f~i! b pNform, dischuyt, execut~, effecl, tompltt~, compfy with arod abid~ by this oovenan?, w ~ny parl Aeteof, said MORTGACaEE msy pl~q ~nd
p~Y fa wd~ inwranc~ w any put t1+Keof without w~lvirg or aff~ctinp a~ry? optan, li~n. pui1Y. o~ right ~nder a by vi.tw of thts Matp~pe, u+d tht
full amount of aach and every such payma+t ~h+ll be iirwned'e~t~ly dw ~r+d payabl~ ~nd shall bear intxest from tM dab thereof until paid at tht rab ol
nine penceot~m pa annum and together with iuch i~terest thall be secured by tM lien of tha mort~sye.
- 4. To p~rmit, commit or iuffa~ no wuu, impairmant or dettrioration of said properry or eey part thereof. -
5. To p~y sll ~nd singvlar ths coab, cMrqes ~nd ezpM+~es. incl~+dirg a n+nonable ~norney's fe~ and oos~: ot abstracts of title. i~curred er p~id ~I
w?y tbne by said MORTGAGEE, b~caine or in tM event of ths i~ilwe on the psn of the said MORTGAGOR ro duly, promptly and fully pe~form, d'achsryR
tx~cut~. effect. complet~, comply with ud ab~de by e+d~ +nd ~veeY the stipulat~w~s. ~greements, conditiom, and coven+nn of ss~d promissory not~ and th4
mortQage u+y or either, a~d said cos», chu9es and expenses, each ~nd ~very, shall F» immediatety due and paysbte; whether or not ther~ be motice da
aw~d, ~ttempt to col~ec~ or wiY pend~npj and th~ full anwu~t of ~ach and avery wch payme~t ~tl bear interest from tAe dat~ thereof w?til p~id at fM
n1e of nine per centum pa Wuwrn; and all said costs, cha~ts ~nd expenset i~cwr~d a paid, together with wch interesb sh~ll be secured by tM lit~ of tlw _
n~t4+p~.
6. Tlwt (a) in the evem of any lxeach of this Mwtqspe or default o~ the part of the MORTGAGOR, or (b) in tM event ~ny of s~id wms of nanry
heroin refcrred to be not prompNy and fully p~id within tl?~ry (30) days next afte~ the same sevmalty become due +nd payab~e. withart demand o? ootice,
w(v in the ewnt each uid every the stipulations, +greeme~?ts, conditions and cwenrnb of said promiuory nots and th~s mor~psge any a eithet are nol
~uly, prompNy u+d futly performed, discMrged, executsd. ~ffeded, compkted. compli~d with ~nd abided by. ~hen in eiti+er w~ny iuch ~vem tM said ag r
preyate wm menrioned in said promiawry rate then romainirg unpaid, with inte?est ~ccrued, and all moneys secured Mreby. shall becom* dut ad p~y-
abk fortl+with, O? tI!lfNNN• a1 the option of taid MORTGAGEE. ~s fvlly and compktsly u if ~II of the said swns of mor?ey were wipinally st~pulsted
ro be pa~d on such day, anything in said promissory note a in thia Nlwtpa~e ro the cona~ry notw~thsanding; and thereupon or the~eafta a~ the optiw~ of
said NIORTGAGEE. without notice or dem+nd, wit at law w in ~q~itp, the~efore w theresfter beyww, may be prosacuted as if all naneys secured hereby
had mitwed prior to ih ins~itution.
7. Thst in the event thst at the begin+irg of or ~t any time pen~+g ~ny wit vpon this Mortg~ge, w to fweclos~ h, or to reform h, w to ~nfo?a
payment of sny daims hereu~dr?, said AiORTGAGEE shall apply to the Cowt hsvinq jwisdiction thereof for tht appointment of • Receiva, such Cowt thall
fwthwith ~ppoint a receiver of wid mortgsgeJ property a!I and singular, includu+y all and singular the income, pro(~n, iuues and revenues from wMt~ve?
~axce derived, each and every of which, it beinp uepressly understood, is hereby mortgaged as if speclficalty set fwth snd dewibed in th~ yranr~np snd
hsbend~Hn clavses hereof, ~nd wch Receiwr sh+ll hava sll the boed and effettive funct~ons and powers in anyvrise entruated by a CovH ro a Reoeiva, ~rxJ
wch ~ppointment shall be msde by wch Cowt ~s an admitted eq~ity and a m~tter of absolvte ri9ht ro sald MORTGAGEE, and without reference to ths :
~dequ~cy w in~dequscy of the val~e of the property mort9aqed or to the soNency or inwlvency of said MORiGAGOR w the defendants, and that svch ~
rents, profib. income, iss~es snd revenues shall be applied by wd~ Receiver +aordi~y to the tien or equity of said MORT6AGEE and the pradiu of such
Caut.
8. To duly, promptly and fully perform„ d'isch~ry~, exewte, effect, oompiete, cornply with and abide by each and every the stipulatio~s„ apreements,
co~itaro and covensnts in said promissory no» and th~a mortgag~ at fwtA.
4. Th~t in the event the ownenhip o# the mortga~ed ptemises, or eny p+rt ti~a+eof, becoeros vested 'm a person other than the MORTGAGOR, the
A1lORTGAGEE, its wccessors and ~ssi9ru, msy, wifhout notics to the AhORTGAOR, deal with such successor a successor in interest with reference te this
mwtyspe and the deb~ hereby secured in th~ ssrt~ manner ~s wi~h Mortgagw without in a~y way vitiat&~g or dixharging the Mwtgspon' liability hero-
under w upon the debt he.eby secured. No s~k of the premises hereby mortyaged u+d no forbearance on Yn~ put of ths MORTGAGEE w its waesson
or anigro snd no extensan of the time for the piyment of the debt he?eby secwed girven by the MORTGAGEf or iri successaa o? assi9os, shall operat~
1o rekase, dixhsrge, modify change w affect the wiginal liability of the MORiGAGOR herein, either in whole or in put.
10. It ia speciP~cally agreed that time a of the easence of this contwct and that no w~iver of sny obligatan hereunder or of tln obliyation se-
cwed hereby shati at any tur~e thereafter be held to be a waiver of the tNna hereof w of the instrument secured herby.
11. In addition ro tFK forego:ng ma~thly paymenis of princ'psl anc! interest required by the prom~ssory note secured hereby, mortgagw covenants
' snd agrees to pay to morsgagce with each mon~hly payment an addirional sum estimated by mo?tysgee to be eqval to 1/12 of the annual cost of the follow-
i^9e
A-AU rcal ryroperty taxes kv~ed or assessed agairut the above described real estate.
B-Premiums on fire and windstorm inwrx+oe as herein requ~red to be carried a+ the improvemenh i~tuate cn the above desvibed prcmises.
C-Premiums on such mortgage guannty i~nuraoce as mortgagee shslt from t~me to time deem fit to carry o~ the ban secwed hereby. :
Nbrtgsgee shall from time to time ratify mortgagor in writing of the artwunt dve snd pay~ble hereunder and such wm shall thereupon be due and }
payable on the due date of the ~ext monthly payment and exh successive month thereafter until mortgagee shatl notify mwtgago~ of a change in wch `
arno~nt. Such wms shalt be applied by mortgagee toward the psyment of roal property taxes, insurance prcm:umt, snd mortgage guara~ry insur~nce '
premi~nrn. wp
~ IN WITNESS WMEREOF, the said MORTGAGOR has hercuntoy~ IyE~Ye~Q~q~s Y+~ Y~a first af esa' . :
Seskd and Grered in the presence of: FILtu , f LA• ~
ST'~V
O~P VERIFIEO n
194152 ~ - `
I ~ , ~ ~ r~,. ~ _ rc~.q }
~ t
~10 ,~~N 4 ~
STATE OF FLORIDA
courm oF St. Iucie ~OG~U RQS :
Esr~eth S~d~fe C1RCU1 CDURT ~
ser«~ ~ p.n«~.uy .~~d ;
~'8T1C@8 I. s~J~lOl18 his wife; to rr~e well known and koown to me to ba €
the individwb described in u~d who execvted the fore~oirg iratruawnt, and adu~owledged before me that they executed the sama for the PwPoses T
rne.~, .~~a. a,d r~ .~~a Frsaces I. 3l~ana
wife of the ssid 8enneth Si~ons upon a separ~t~ ~nd privat~
exunin~ta~ by me taken ~eparate and apart frorte her s~id Iwsband, ~du~owkdged to ar~d befon me that ihe e:ecvted s~id irotrument freely and volw~-
tarily and witFaut arqr compultion, tonstraint, ~pprehension, ~ feu of w from her s~id
WITNESS my hsnd and official seal thK day of A D. 19~Q
~
. - Not ry Public in ~~d for the Sute of Fbrid~ at larpe f
` ' . ~ My Commiasion expira:
Retum Ta • ~~~~~ii~stl~tps,~., -
¦OTARf PUBLIC„ S'TATE OF
Fusr Peder.l savinys a loan nssod,rwn :''~',L~,......; _ YY C~MMISSION DCPIRES
S~EPT~ 123,~7li
Of foA Pierce. . ~ • ~ ~ue~~ Yf N
~ i . ~ ~ : •~~+sY fQ~ N~ YI~~
Fott .Pierce, florida - - j ~
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~ ~ ~ ~ ^ ~~^4" ~ 1 ~
~ , ~iy 4' ~
This Instrument Rrepared By J0~ ~ii ~ '•~Q ~i~= .t :
, . i
First Federal Savings 8 loan Association. %'S! ~ = ~
, ~
of Fon Pierce ~ Flo~'ida j,`_:~" c~ .
.
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Checked By _ • ~ , pg i
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: 8~~8~ ~288~ ,
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