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To plaa uw! continuo~?sh? kNP on tM buildi~ now ar ha~afhr ~ih?~b o~ ~aid land ~nd on ~11 eqvlpnKet ~d p~nonally cover~d by tht~ nwrq~
~ wirh ~11 premlvi+u the~wn pa~d ~n fvll, fin Inw.u~ in ~I» ~nwl uaodad policy fwen, in • sum ~pprowd by tM MORiGAGEE. ~ad wir~~orm
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uaurano~ M ~M wwl u~nda.d pol~cy faa~. in ~ w~? +Pprowd bY tlw MORTGAGEE. M wch comp+i+y w con?pu+~*s a th~ MORiW?tiEE may
dincti «+d all tir~ and wind~arm ieaw+nn pdicia on any ol s~id buiWie~„ ~ny I~tsr~st tFwrein w p~?t the~wf, in ~M ayprs9a~~ wm ~faaaid o~ ;
in uctMS tMreof. ~hall conuin 1M uswl ata+d+rd mwtp+pN tlauk w suth WhM cla~s~ q tM Matyape~ may rpuwv. m+kinp tM {ou ve~d~ fad {fo14
ciN. tacA ~d ~+nry. WYablt a iaid MORTGAGEE a in. inttre~t may ~pp~ar. w~d ~ach and ~ve?Y such Pclicy sMll b~ promP~ly ~ss:~ned and d~liwr~d ro i
~ny Mld by wid MORTGAGEE u funF~ security ro s~id matyp~ deW. and. ~of I~ss tMn te~ l10) days In advanu of ~hs expiration oi ~och policy. ro dr .
tivK to said MORTGAGEE • nnewal tM~~of, topt~Mr with a nt~ipt for tM praniun+ of wth ra?ewal; and Iher~ shall bt no fir~ w windstam inWrana
plao~d on Niy of iaid buildinps. ~ny interNl thereie ot put tht«of, unl~ss in th~ 1wm ~nd with tM loss p+yabl~ u ~fwtwidj ~nd in t!» went aoy wni
of nwney becom~i p~yabM w~d~r wd? policy o? poliws s+id MORiGAGEE shall Mw t!w optan ro raceiv~ u+d apply the san+~ on acco~nt of tM indabted~
ness s~cw~d he~~by a a p~.mit said MORTGAGORS to neeiw and uw it w any put thereof fo~ o~he~ pu~poses. wi~hout tha~eb~ wai~i~~g a~mpair•
ing aoy e~~ry, lian or ri~ht under or br virtw of this mottpap~s ~nd G? th~ ~w^t ~aid MORTGAGORS ahall fot any reason fail to keep the sud pnmises w ~
inivnd, w f~il 1o thlivtr promplly ~ny of said polities of insw~nt~ ro said MORTGAGEE, ot fail promp~ly to p~y fu~ly any premivm tM~aia or in ~ny
respM f~il b pKfwin, dixhu~. ~aecvt~, ~ffect, compkte, cornply with ~nd abid~ by tha cownant, a any part h~reof, said MORTGAGEE may pl~oe +nd
full famo~nt of esch and ev~ry wch paYment
ih+~b~ ~'~~+edi+tdYidue snd paY+bb and ih~ll u~beunteresh~ from ths dat~vtheraoffu~til pa'~,a
M ~~~tol
nine pa ca+tum pa ~nrwm and together with wch intereit sMll be sacured by ths lien of this mort9+pe. ~
4. To p~rmit, canmit w wffer no waM. knpa'umcM a dtterioration of s~id propecty a any p+rt thereof.
5. To pay all and dnyular the cwts. ch~rpes u~d ~xP~+ses. includ'ug a ~easaubk attwney's fee snd costs of abstracts ot title. incvned w paid ~t
any tirta by said MORTGAGEE, because ot in the ~wr?t of 1h~ f~ilwe on the part of tM ssid MORTGAGOR to"duty, promptly and fully perfotm, d~xha~~,
execute, effect, complN~, cwnply with ar~d ~bide by each a~?d every the stipvl~tio~a, ~preements, c+onditioru, and co-munn of said p?omissory ~ote and tF+i~
mwtgape sny o? either. uid said costs. charges +nd ~xpanses, each and every, sMll be in+mediately due u?d payable: whether w rat there be notice de~
msnd, ~ttempt ro colkct w wit pendtnp: and ths futl u~a~nt of esch a~d a~y such payment sFwll bes. interest fran tl+e date th~reof u~til p~id ~t the ~
ra~e of ~ine pe~,cent~n per annum; and all said coses, chupes and expenses incwred or p+id. toyether with such interest, shall ba secured by tl+~ lian of this
^wrt~+y~•
6. That (a) in the evei+l of any breach of this Mortg~yt ot d~fault on the part of the MORTGAGOR, w(b) in the event ~ny oi- satd sums of ma~e~
herein referred-to be not promptly and fully paid within thirry (30) days next after the san'~e severa~~Y beconx due and payable, witho~t dertwnd w notice.
or (c) in fhe event each and every the stip~lai~ons, sgreements, oondifions and coven+nn of ss~d promiuay note snd th~s mortpsye a~y w eithe~ are no1
iuiy, promPtly and fulty perfwmed, discF?arged, execvted. effMed. canpkted. canplied with and abided by, then in sither w ~ny svch ewM ths said aQ~
gregste sum mentiqxd 1~ qid promissory oote then rcm+ininp unpaid, with interesl accrued, and all moneyi secured hereby, sMll becwne due and pay~ f
able fwthwith, or thereaher, ~t the option oi said MORTGAGEE, u fully a~d tanpktely as if atl of the said wms of money were wipin~lly stip~lated ~
ro be paid on such day,•anythirg in said promissory note w in tha Mortgage to the cantra.ry notwithstanding; and thereupon w thereafter ~t the option of
said MORTGAGEE, w~thout nwice w demend, suit at law or in equity, thersfore ot thereafter begun, may be prosecuted u if all moneys setwed hereby
had m~tured prior to its instiwtion. ~
7. TINt in tta event thst at tl?e bsginning of or at any time pending any wit upon this Mortgage, or to fweclose it, w to roform it, or to enforo~
payment of sny tlaims AE?evnder, said MORTGAGEE shslt spply to the Co~rt Mving jurisdrction thereof for the appointment of a Receiver, wch Court shall `
fwthwith sppoiM a receive? of said mortgagrl prope?ty all snd sirgvlar, includmg all and si~gular the income, profits, iuues and revenues from whatever
source darived. each and every of which, it beinp expreuly understood, is hr?eby mwtgaged +s if speciiically set fa~h snd described in the gra~tirsg aod
habendum dauses hgreof, and such Receiver shall h~ve all ths brwd and eNective fuadions and powe~s in anywise e~+trusted by a Coun to a Receive~, antl
such appoimment shalt be made by svch Court as an admitted eqvity snd a matte? of absdute r+ght to said MORTGAGEE, and without refcrence to ths
adequacy w inadequscy of the vatue of the properry mwlg~ged or fo the soNency or insolvency of said MORTGAGOR d the defenda~ts, and that wch
renn, profin, income, awes +nd revenues sl++11 be applied by wd~ Receiver according to the lien o? equly of sa~d MORTGAGEE and the practice of such
Court. .
8. Ta duly, promptly and fully parform, d~scMr~e, execute, cffect, compkte, oomply with a~d abide by each and every the stipulations, ~greemenri,
conditio~s and coven+ms in asid promasory oote and this mortgage set fonh. ,
9. Thai in the event the dwnership of the mortga~ed premises, or am? part thereof, becanes vested in a penon other than the MORTGAGOR, tl+~
MORTGAGEE, its succeuas and sugns, may, without notice to the MORTGAOR, deal with such successor ot successor in iMerest with refere~ce to this
mortga9e and the debt hereby secured in the same manner +s with Mortgagw without In any way vitiating or dixharging the Mortgago~s' liabiliry here-
under or upon the debt hereby secured. No ssle of the premises hereby mwtgsged and no fwbearance on the p~rt of the MORTGAGEE w its successors
w augiu snd no extension of the time fw the psyment of the debt hereby secured given by the NIORTGAGEf or in s~coessors w assigra, shall opente
ro release, dischs~ge, modify charge w affcd the orig'xwl liabiliry of the lNORTGAGOR herein, eithe~ in whole or in part.
10. It is spedf'~cally. agreed thst time is of the essence of this contract and that no waiver of any ob!'~gat~on hereundGr or of the obliyaYan se-
cured hereby shall at any time thereafter be held ro be a waivcr of the terms hereof or of the instrument secu~ed herby. ~
11. In addition to t~e foregoing rnonthly payments of princ:pal and interest required by the pramiuory ~ote secured hereby, mortgagor tovensnts
and agrees tb pay to mortgagee with each monthly paymeM an add~tional sum estimated by mortgagee to be eqval to 1/12 of the anoual cost of the follow-
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A-AO real property taxes levied w auessed against the above described real estate. ~ ' ~
B-Premiums on fire and windstorm iruurance as herein requ'aed to be carried on the improvements situate on the above desuibed premises. ~
C-Premiums on wch mortgage guaranty iowrance as mortgagee shall from Y~me to time deem fit to cany on -the ban secured hereby. ~
1Nortgagee shall from time to time notify matgagor in writing of the amount due aed payable Ixreu~drr and suth sum shall thereupon be due and 'y
! payable on the due date of the next monthly payment snd each successive month thereafter urtil mortgagee shall notify mortgagor ot a change in wch i
~ amouM. Such wms shall be applied by mortgsgee toward the payment of real property taxes, inwrance prem:wns, and mortgage guaranty inwnnce
~ premivrta. - • • :
IN WITNESS WHEREOf, the said NIORTGAGOR F~as hereunto set his hand sod xal the day and year first afw id ~
~ Sig Sealed and delivered in t esence of: _ ~
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STATE OF FLORIDA ~
ST. WCIB - _
courm oF
Befwe me personally appeared OiCa! BZl~qtl@ DQAli ~nd
BQStriz Copperi DQnis h;, w;r~, ,o me ,,,,~n k,aw~, ,na wwwn to me w be
the ind;vidvab described in and who executed the fore~oirg iratrument, and adcnowledged before me that they execwed the s~rt~l.-for,~Nw purposes
rherein eapressed. Ard the said ~atl~2 ~pQZi D@A~S : : : . -
Oscar Br~rique Denis , ,
wife of the said 1~~~~:~~~~~~ ~ TM
examinaYan by~me taken sepante and apart ftom her said husband, ~cknowiedged to ~nd beforo me tF~at sbe execute~~fj~int3(,eeJ~(~s~+d_vdurr
tariE and withovt a com Ision, tantraint, a eF~ernion, q fear of or from her said husband. '
Y ~Y P~? ~ ~Z ~ y~••• : '.j'f:.O (
WITNESS my hand ard official sesl this - day of `.1~.,, ~
~ • . ~ ' ~.,.~;-:~s< t
~ . Notsry Publit in and fw th~ .~f~lot~ ~C~, ~,~y-, - 4
My Comrnission expires: J ~ ~ ;.?~v, ~ ;
a~,~,.~ ta ' ~ILED~AND'~E y $a_':` :
fint Fedenl Sav s b Loan AstotiaYwn .~r- '
3~~~..'~
K~~
of ~ Pierce. S 1. LU~.'IE COUN- ~"~~•.t%;. £
RECORO VERIF~ ~:S'~~!-, ,s;~;
, Fort Pierce, flwida ~V ~V~O : ~ ~ ~ • : .
ijA;'
'ZD JUN I 5 AM 10 : I 6 3-'t
This Instrument Prepared By John W. COlli~is ~ ~
First Federal Savings E~ Loan Association ~''~'1G Q~~~~
• of Fort Pierce~ Flozida • R0~ ~ R 17RKS
~ CLERK CIR UfT COURT~
Checked By -
80~ 185 P~~ 537 _ . t ~
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