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3. Te p1~p ~nd c~Mwou~ly kNP a+ ~h! bu+b"+Y~ ^ow « Mr«fN~ ~ih+aN on ~Md bnd M+d on a1t aqu~pm~ ~d pK~~r cowhd bq N~M ~at~
p~ w11A ~p pr~iunN N~wn~ptid in f~U. fin insvr~na i~ ~M wwl qaid~rd po1kY Iw~1, In • sww pprov~d b~l ~M NWRIGAGEE. Md wind~wrm
Mwr«+a M~M u~wl uw~rd polity ~an~ M• twe ~PProwd bll ~ MORTGA<iE4 in w?.i oompany o~ eanp~+i~s a tM MORTGA<iE! w~
dr~crt ~nd. ~M Hr~ ~nd wind~~on~ MMw~na po~iciN on ~nr oi wid buadin~. ~n11 IraK~u tMrNn or pa~t tM~wl. In ~ pq.p+?~ wT afa~wW a
N~caM Ilw~wf. ~11 boMaN tA~ u~wl uand~?d ~a?t9qM daw~ a wd~ Wh~r clavM M tl» Maqp~+ inaY nW~t. ~i~p tM bas w~ N~d polF
dN. ~aeh ~nd wMri WYabls ~q wW lMORTtiAGEE a iM YNMNt nwy appM~. M+d MtA ~nd ~y wd~ policl? ~ a P~~^P~N +s~~p^~ ~e+d dNivMSd to
anp MW by wW MORTGAtiEE a fwthK s~cwlh? ?a s+~d maq+pt debt. aed. ~ Mw tMn Nn l~0) d~ys b advw+a af ~M ~,cpaation ot ~ad~ PolicY. to d?
tiver b s~W MORiGAGE~ ~ r~wal ttwrwl. to~tlw~ w1tA ~ haip~ fa th~ pniniwe of aid+ ~«~vr~It a+d tMn shatl b~ oo iin a wind~ro.m Mywaec~
plaad on am? ol taW buildinp~. +~Y inttrqt 1l~~in w p~t tMr~of. unl~ M th~ farn ~nd witl~ ~M laq WyabN as ~faKaid~ ~nd in N+~ ~wnt ~ny w~
d~npwy b~aon~ p+yabN u~~ wch policY a policia sald MORTt3AGEE sh+ll Irw Nr qNton ~o hoeiw and rpply tlw wn~ on accoum d tM ind~bad~
npt ucw~d hN~by a b pK~nG srid MORTGIIGORS 1o hpiw ~nd uN H or ~M? P~?t tMrwf for othcr purposes. wiihou~ thrnb/ waivi~~p a~mpair-
~q +~1~ ~b. li~n a?ipht wid~? a by virtw of ~ha matpap~J ~nd in tM ~wnt Nid MORTCaA~GORS sh+ll iw u~r r~awn f~il ro Iu~D tM ~aid prNnls~s w
in~w.el, a fdl a delh~w P~~h? +~+Y of s~W polities ot iniw~nn b Nld MORTGAGEE. w fail P~~^P~M ~ WY fully any p~.mi~,m ~h.r.fw w in any
r.,p.u fail a qrform, ~i~CMry~. ~x.am. •ff.c~, can~pl~% aa^P~Y wi~h .nd ~bid~ by N+i~ oov.~an~, or a+y p+~t h...of, sad MORTGAGEE m~y p1ac. .~d
wr for wd~ anw.no. w ~rq? pwt Nwnof witho~A waivinp or ~ff~ctinp airyl eMion. IM~, ~quitlr. a riplu v~de~ or by virtw oF this Mo.t9a~. and tM
full amount of s+d~ and evKy wd+ paym~ ~MII b~ i~mwtNat~hr dw snd p~sW~ and du11 b~a intKest f~an th~ dat~ tl~awF ~~U paid •t rM ra1~ ol
~wr p~r pntwn pa Mrwm and topHher with wd~ intK~st sMll b~ ~ecund by th~ lisn of this nwrtppa
4. To p~rmit. aon~n,it ar wffK no w~st~ M*P+irn~et a d~terio?~rioo of said popKty w any pirt tM.~of.
S. T~ p~y atl ~nd sinpular tM ooats. c1wpN +nd ~xWr?ws. indudinp a r~ason~bh ~tw~n~y's fN snd oosts of ~bstrsds of titl~. incw.~d w p+k! ~t
:r~; t&ns by wid MORiGAGEE, b~uu~ or 1n tl~ ~wnt of tM failw~ on tt~ p+A of tir ~aW N10RTGAGOR b duy. promptly ~nd fully pe?form, d~schar~
uc~nrN. ~ff~d. oompl~tt. canP~p with aed ~bid~ by ead~ aod ~wry tM stipul+tio~w +p~^fs. conditiaa. and ooven~nb of said promissory ~wt~ ud thi~
may~:.;,: Qr eithe+: and ssid cos~s. d+wqa ~nd ~xpN+~e~, sach and wary. sh~ll b~ immdiately dw u~d gsyabie: whetFw or na tMre b~ notiu ds
m~nd, atttmpt ro aolbtt or wN pendinpt +nd 1~+~ f~+ll aenow~t of ~aeh and waY ~ WY~^~ sh+ll b~ar intarest from ths dat~ thenof until p~id N tM
rste of nin~ per oentum pu an~rrtu +ad all said aosta. chu~et +nd ~xW^ses ina~nd or P~id. topstlwr with s~xh intaat. shall b~ secured by th~ li~n of thd
mo~rt~•
6. iMf (a) in the ~wnt ot any ixeach of N+b Mor~~sp~ a d+fwlt on tM part oi tM MORTGAGOR, or (b) i~ th~ want aey of s+id s~ms of moaty
herein r~hned 1o be n~ promptly and fuiiy paid within thirty (30) days n~xt aher.th~ same sevwally bscome due and p+yabte, withou~ dernand o~ notioe.
w(~J in the eve~N each ~r?d ~very tl+e aHpuktioos. +9reemx?ta. oond'itions a+d ooverw++n of ss~d promi~so~y note ~nd tl~s m«W+~s +nY or eirhe? m nol
~uly, Pranpry a„d f~y Pe.fo.~+.d. d'achar~d. ~xecuted. ~ffectad, comPl~ted, comP~i~d with and ~bided dy. tl~ in ~ithe~ or u?y sucFi ewM tiK s~id a~
Oray~b wm mc~ntb+~ed in said promisiory noro tM~? rem~inin9 w+P+id, with inter~st acuwd. and all moneys secv~ad hareby. shsll becom~ dw ad paY~
•ble forthwith, a therafter, d th~ oprion of said 1MORTGAGEE, a fvliy ~~d compl~tely ~s if all of ti~e ~id wm~ of mawy wcre oripin~lly stipulated ~
f~ be psid an wth day, snylhiny in said promistory note or in this Mapa9e to th~ contrary notwithstandiop; and thereupon ar thcreahar at tM optioa of i
s+id MORTGAGEE. withoul notice or demaod. wii .1 law a in puity, therdore a Nienafter ba9un, mar be Prosec~ted ss if ~II aaneys s~w~sd hereby
h+d mafured prio? to in institution. •
7. ihat in the evenf thst ~t the 6eginnirg of or at u~y time ps~d'i.ng any wit vpoe~ fhis Mwtg+g~, a to fwectose it, or ro roform it, a ro enfwa~
payment of any dsims hereunder. s+id N10RTGAGEE sMll apply to th~ Caxt haviny jwisdiction thereof tor ths sppantme.~t of ~ Receiver. such Cowt sh~0
forthwith appoint s rcuiver of ssid matgsged prope?ty all u~d sirtgvlar, includmp all snd sinpvlar ths income. profiti, issues u~d revenues from whattver
saua ckrived. each ~nd every of which, it beinp expreuly understood. is I+ereby mortgaged ss if :peGfically set forth and descr~bed in the pr~ntu+p a~d
1?~bend~m clavs~s hereof, u~d wih Receiver sFyll haw ~II the broad and effectiw ivnctions snd powers in anywise e~tnnted by ~ Court to ~ Rscoivs~. and
such ~ppointment ~atl be maJe by such Cowt u sn admitted equity snd a m~ttar of abiolute right w said MORTGAGEE. and witFaut re~erence fo tl+s
adequacy or in~daqwq of the value of the propaty mortp~ged « to tM soNency or insdveecY oi said NWRTGAGOR o~ the defend~nts, and that such
renn, profin, income, iswes and reven~es sMli b~ spplied by wch Reoeiver accordinp w ths Ibn or eqvity of said MORTGAGEE and the practiu of such
CouR. .
8, To duty, promptly snd fully perform, d'ad~arye, execute. ~ffect, compkte. aomplY with ~nd sbid~ by o+d~ and wery ths stipulatioes, apree~nents.
ow~ditions and ooven~n» in said promissory note and this mortysp~ set forth.
9. itwt in the event the awnenhip of the mortp+ped pren+'aes, w any P~rt therwf, beoanes vested in a perwn other tMn the MORTCaAGOR, tM
MORTGAGEE, iti succeswn snd aui9ro, m~y, withovt ~+otios to the MORTGAOR, desl with such waessor w wccesso? in interest with refcra~ce to this
morty~ge and the debf hereby secured in th~ same man~er as with Mwtgsgo~ witlaut in a?y way vitiatirg or disclyrqiny the Mort~agors' liability hera
under or upon the debt hereby secured. No sste of the premises hereby mortg+ped +nd no fwlxar~nce on the pan of tha MORTGAGEE w its successon ~
p ~ssigns and no extmiwn of the t~me fw the paymenl of the debt Ixreby secured piven by the MORTGAGEf w ia wccesson or ~stg% sh~ll op~rat~ !
w rakase, dixFwrye, modify charge o~ affect the wipinal li~bility of tM MORTGAGOR here'~n, eit~ier in whole a in psrt. :
1
10. It is specifiully agreed - tf~at time is of the essence -of this contract and th~t no w~iver of any oblig~Y~on hereunder or of ths obligation se- f
ared hereby ihall ~t ~ny time there~ftar be held to be a wsiver of the terms hereof a of the irutriiment secured herby.
~ 11. In add~tron to the forego:ng nwnthly paymenri of princ:pal and interest reqvired by the pcomiuory note setured hereby, mortgsgor coven+~b
i and a~e~s to piy to enoct9agee with each moathtY paYment an additional sum esG~nated by mortgsgee to be equsl to 1/12 of the annwl cost of the follow-
in9: _ •
' A-All real property taxes kvied o? assessed ayainst the above described real estate.
! B-Premiums on fire snd windstorm inwrsnce as herein reqv"aed to be prried o~ the improvements iituate on the above desorib~d premises.
C-Premiums on such mortgage gwrsnty ioswance ai mortgsgee ihsll from time to time deem fit to u~y on the ban secured F+~reby-
F ` Mo?tgagee shall kom time to tim~ notify mwtgagor In writing of the ~rnount due and psy~ble_ hereunder srd such wm shaU thereupon be dve and ~
~ payabb on the due date of the next mor?thly p~,rment and each successive month theresfter unti! mortg~gee shall ratify mwtgagw of a charge i~ wch
artaunt. Such s~ms shall be ~pplied by mortg+gee toward the p~yment of real properry taxes, insuwnce premi~ms, and morf9aye g:?aranty inw~~nce
premiums. • -
IN WItNE55 WHEREOF, the said MORTGAGOR h~s hereunto ~Q~~~ fint foresaid.
Sgnad, se~led ,nd de~ivered in tt~e pr~ssnc+ of= S?'. LUCIE COUNTY. FIrA. `
. coPt~ v~Rt~~~o n
195203 ~ ~
'TO J{~~' 24 PM !2:
t
STATE Of FlOR10A
St. L.ucie ~ r'~~F? f•OfTR :S
courm oF H~}~ ~t~ ~ I~~i~lTa~'r 0 U RT .,,d
defwe ms perso~llY +ppea~ed ' ;
Alba i.. Aquiaz w,„~ ,,,,~n known .~a kew~, to me so b. ~
rhe individwb dewjbed in md who exewted the for.~ hstr~mwnt. and ~du~owled~ed before m~ thst they execvted the ssna fw rhe purposes !
.,~~a. A„d ,r» wiba L. A iar '
wife of th~ s+id HiCtO! R• ~ a1' - vpon • separ~te and privst~
exsmination bp me taken sepsr~te and ~part from her s~id Mnb~nd, aduwwldped to ~~d befor~ rne that she exearted said instrument ,freely and vol~o-
tarily and without u?r oompulsion, cautraint, appreheraion, w fear of or from ha s~W husband.
WITNESS my iwnd and official seal th:~ ~~,n .4 _ yy ~ A D. 19~_
~ (.~,a 1-~
. - ~ Notary PuWic in uid for tM Stat~ of F{orida at Lup~
- - , My ~`~TATE Of fiQRIQA AT tA~liE
Fitst Fedewl Savinps 6 loan Aswtiation • ..r~` ~~~~.r. ~ C~MMI.S^••ION EXPIRES SEPT. 23~ 1~.3
G~,~ ~Oil~ iiW RD OIEiTTEil10li~
Of Forf Pierce. ~ ~`r,.
Fort Pierce, florids ~ CC ; ~ C~ : :
~ i : _
. ~ 'L?: - _r1
_ . _ :
' -
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This Instrument Prepared By Jo~ui W. +`~#u, ~t~~%' ~
:~t.• ~
Fint Federal Savings d~ Loan ~?ssociation - ~ -~,r-,s . "
Rlorid~?
• of Fort Pieroe, ~ = =;5
~ ~t~`~ ~ t: e~r~1~~~~~`
Chedced By . . . .
' b00K~~ PA6f ~Li~
~ - . . - ~l , ~ ~K
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