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Te pbq and oow~~wly k«p oe ~M bu~WM~ now a hwwtN~ ~ on NId 4nd n+d on all ~qufpn~r ~nd pMSa~1y aoNnd~ NJ~ ~a~ ~
~ wMA W Ir+mwny ~Mr~aw p~id In frll. tih fewnna in th~ u~ual tardnd polltp krnti b• wn~ approv~d bf? tiM MOR GAGEE. windMo?~ r
Mwwa~a M1 11~ wWl s~~d policy 1orq, b• ww ~PP~~ ~M MORTGAGEE. M wcA con~nr a oan~p~ni~a M ~M MORTG/WE! w~ '
dk~pt ~nd aN flr~ ind wind~wn~ iiwrana polkiM on ~I ~ MI/ buiid'r~t„ ~r ~/~1 dwcln ot p~rt ~Mrwi. !n tlN ppr+oaq w~ ~faM~1d a ~
b~tO~M N1Nr0I. fMN OO~~tMA NN u~W) ~iandMd al0tfppN t1MIN O/ WCA ON1M dNIN M NN MOfIPapM ~~YM~. I~I~Y Ih~ ION W1dM ~e+d ~ #
dN. NcA Md wNy. WYeW~ to ~sW NIOR?t3A0EE M ib MMa~Nt ~Y ~PPM?. ind NtA and wNy wch po~ky sl+atl b~ promptly ~s:On~d ~nd d~ilwnd N i
~epr i»Id by s~id NWRtC3AGEE a funl~ wewity a wid n+orasp~ d~bb and~ no1 Iw lh~n trn p0~ da» M+ advana of N» txpk•tion e1 NeA poHey. a dt i
Uw? !o s~id MORTGI1tiEE a r~wal MNnof. ~tlwe wiM ~ t~aipt io~ NM p+rniu~ et weh r~ntw~ii ~r~d IMn shall b~ no fin w wind~lam Inwr~tK~
plapd on ~ny of iaid buildi~q~. +rw M+ta«1 N~~in a p~rt Nw?wi. unMw te N» fonn and with N» fas p„rabb w dawdd,r and In t1y ~w~M ~ny a~
of n~onhr b~c+onwt pnrabb wwNr w~d~ poUer a P~ielM safd MORil3AQEE shall h~w d» option so eraiw ~nd ~pplp tM wm on aeoounl oi tIM M~d~bt~d~
nw wax~d hK~ a a p~nnlr sNd MORTG~AG04S w naiw ~+d uw N a.ny pn~ eM.eof fo. Wi~ pwpose~, withoul /lureb~ wiivi.p a anpait-
~4~+fi?. N~n a ripiM u~dK a bp virlw of thi~ nart~a~t ~nd in t!w ~wnt aid MOItTGl1GORS sh~l1 fa ~I nawo taU b kwp th~ wid phmhN a
Imw+d, a fNl oo deNwr w~hr +~n? 01 aad policia of inw~a~o. a ufd MORTGI?GEE. a f.~1 w~~b b wr wur «ar a~~ H,.~.fa a in an~r
n~pw faq b p~tfai0. diadw~pt. ~x~cvt~. ~thct. oanpl~t~. oomPh? wi~F? ~nd ~bidt by Mk aovwian~. or an~ iwt Mrwf, s~W AA4RTGAGEE m~y pbp ~d
MY for wd~ t~~a a~n1? P~t Mwr~of wi~hout wa1vM+~ a~ff~CtMY an~r oWion, ~Mn. ~quiA?. a ripht w+dM a by vktw of ~Ms Mat{~sq~, ~nd tM
fvfl ~mown of wch ~nd w~Y wch p~rnwN siwll b~ iMnwdiddy dw Mid p~Y~bM arw! sl»II bw~ u?hnst from tM d~N tMrsof w~tN paid N 1M r~N d
nin~ p~r antwn pM anrwm ~nd to~pellwr with wth intsrpt ~MII b~ s~cvnd by th~ IiM? of tl~ii nwrt~pw
4. To p~tadi, aom~at at wff~r ra wa~h` ImP+knwm a d~t~rioration of ~aid propwhr or MY P+~
S. To pay ap and slnpula th~ catt. clwr~ and •:p~, inskid~M~p ~ n~wn~bb ~ttwMy'a f~e aml aosn of absNacri o~ Ntb, kKw.~d w p+fd ~ j
a?y tinw by saW MORTGJIGEE. b~ca~ a in tM w~m d tin f~ilun on ~h~ p+h of tM s~id MORTGAGOR w duh?. V~a^+P~~Y +~d fvllY PNfo+n~, d'qcha?pq ;
~x~at~. ~ff~d. oomP~M. ~^Ph~ with and ~bid~ bp ~ad+ and wery th~ stipul~tioru, apre~nts, oooditions, uid wwn+nts of said pom~swry noh and thi~ i
a~ry a~i~l~a, and ~aid oost~, dwy~s ~nd ~:p~, sad~ and wKy. ~F~ail b~ Mnmad'whly du~ and payaW~t wM~Mr a na rM.• b~ notia cl~
~ttsmp~ fo ooil.d or wis P~ndagt +nd tM fvtl amowd of ~.ck ~nd way wcfi pay.naa ,hall bw h~ar.s~ from d~. dah rMreof umil p.id a Nn
rate of nirN pa pntvm p~r ~ruxwnj ~nd ~II s~id aosn. dwp~s and sxpNaas ie~owr~d a p~id, wp~tMr with wch ints+al, sMll bt axwed by th~ Iwn d thk
rtio~tp~pw ~ . :
' 6, lMt in t!~ wa~t of bnach of this Mor~pap~ a d~fwit on th~ par~ of ths MORTGAGOR. a(b) ln tM werM ~ny of said wms of nwn~y
Mnln i.f..rd ro bs na promptly ,nd fuly p~id wi~hln ~~irty (30) d+ys n.x~ afrer ~M sam~ wvaalfy b~cans dw ~nd p~y~bit. without d~a~+nd a notia.
or in the went ead? ~nd ~very th~ sti~wbtio~a„ a~n~n~nq, oondiYa~n and cown~nn of said promissory oote snd tha mwtpapt any a athN an no1
i~h. P?a~PMY ~~h P~a~d dKdw~ed. ~x~cut~d, efticad. canpb»d, com~lid wi~h and abidad by, tMn in ~ither a~ny svch ~wnt th~ said aQ
gngab swe ma~tiomd in aid prankswy not~ thM nmaininp w+paid. with interat accrweb ~nd ail ma+~ys saeured F~u~by. sh~ll beoon+e dw ~ne! P~y~
abl~ fonhwNly or the?afta. ~t the oprion of said N10RTGIlGEE. ~s fvlly ~~d oanplet~ly as if al) of the ~ak! swns of vaeNr wer~ wipin~lly stipulated d
to be paid on wcb d+y, anythiny in saN! proninsory eah ot 6~ thts Morlya~ to tM contruy notwitlqtadinpt and tF~wpoo or thereaRer at tM optioe of
ssid MORTGAGEE, without ~otioe w dem~od, suit at law or in puity. tMr~fon or tMre~fta "bayun, m~r be prasecutad as if alt mo~tys s~cw~d lwreby
had matund pior to ib imtitutian. •
7. That in tF~ evant that at fhr bep&wiey of or ~t ~ny tim~ p~i~g a~y wit ~poa tl~is Mwtp~s, a fo for~slos~ it, or to nform h. or to enforo~
payn~em of ary daims herw+?dK. wid MORTGAGEE shall ~ppty ro the Caxt havin~ jurisdiction thereo.' iw fhe appointment of • Receiver, wch Covrt shaN
forthwith ~ppoinf a noeiw~ of ssid m«tQa~d propay aU and sFnpvlar. inctud~np all ~nd un~ul~r tM income, profin, issws and reve~xies from wlut~ver
wwo~ d~rivrd. ead+.~nd evay of wh~ch. H b~inp ~xpressly unders~~od, is I+Keby mortysped a if apac~fically set fonh and desaibed h tl» yrentinp and
Mb~nd~Mn ctaua~s heraof, ~nd svch Receiw~ shsl{ h~w ~q tM broad and ~Nective (tmct~ons and powen in anywise entrvated bp a Cou~t to•a Retaiver. and
•uch appokument shatl bs mad~ by wch Cowt ~s an admitted equity ~nd a m~tter of abwlute ?igM to s~id MORTGAGEQ and without nfer~nce a th~
adequacy ar inadeqwcy of tM wh,e of th: p~operry mortpspsd or to rh~ ~owency or insotvency of w+d M4RiGAGOR a rke defs~dants, and that such
rents, profip, incomt, issws utd t~venues ~hsl1 bt applied by' sutl~ Receiwr attotdin~ to th~ lien ot squity of sait! MORTGAGEE and tFr pactiu of suth
CaKt. ~
9. To duh, aa?,~~h +~d fi,iy Pe.fo.m. ~cha.~e, execut~, eHect, comPkte. comptY with and ~bid~ by each u+d ~wry tl~ stipvtatior?s, aprean~ts, ~
ca~tiona and ca?an~nn in aaid promiss«y notf and ~ho mortyap~ s.t fo.tk
9. Th~t in th~ eveM rhs ow^enhFP d tl~ rrw~lyaped P?~mis~, a? ar?Y P+rt tM.eof, bnoorms v~st~d U+ • pKSOn othsr thsn th~ MOkTGAGOR. th~
MORiGAGEE, Ns uKCesson snd assipns, m~y. wi~how norioe to ~he MOR?GAOR, deal with svch wccessor a suaessw in lnterpt wit6 refera.we to tFw
mo.tgape and the debt hereby satured in tlr sam~ msmsr ~s with Mwtyapor withovt !n avep way vitiatinp or distharging the Mortyagors' Ilability herr
under or upon the deb~ hereby secwed No sal~ of ths premises herebY ma~9+~d- ~nd ~o forMa.~nce on the part of ths MORTGAGEE w in successon
or auig~a and no ea?cmion of the time fw the parma+~t of the debt hercby seewed piveo by tM MORTGAGEE or ifs wcuaw~s or as~ip% shal! op~rau
to releas~, disdury~ +nod'!y chtrps a affect tl~ or~Qinal liabiliry of th~ MURiGAGOR h~rein, eitha in whole w fn p~rt. .
10 If b specii7cally s~reed t1~at t6ne is of the euence of thls contrad a~d that no waiver of a~ryr ob1'~yation haew~der or of th~ oblipation ~e-
cwad Mreby shall at any tirns the?eafiar be heW to be a waiwr of the temu hereof or of the irot~umeM secwed herby.
11. In addifan fo the foreyd~g ~rqnthly psymanb of princ:pal uk! interest requued by the promissory rqte setu?ed herrby. mortgsgor covenanri
ai+d agrces ro pay ro monysgee witb exh monthly psymem an addiriwul sum est~mated by mortgayee to be equsl to 1/12 of the a~wl cost of ths fdlow-
ing:
A-All real prope?ty tsxes levied or atiessed ~g~ir~sf ~he above dexr~bed real est~te. • .
B-Premiums on fire aod windsform insurance ~s herein rcqv:rcd ro be cenied on the improvemenri situate on the above described preen'aes.
G-Premiums on wdi mortpnpe pvuanty inwrsnoe as mwtg~ge~ shall from time fo tirt~e desm fit fo uny on the losn secured hereby.
Mortgsgee shall from time to time notify mwtgspor i~ writu~g of the amount due and payabk herevndcr s~d uxh wm shall there~rpon be dve ~nd
paysbk oo tF~e d~e date of the next monthly payment and sach w«euive month thercsher until moriyaQce sl~rll rwt;fy mortga9w of s charge in such
amovnt. Such swns shall bs ~pplied by mortgagee toward the psyment of real property tattes, insurante prem:ums, and mortgige quaranty inwnnce .
Premiurtq- .
IN WITNE55 WHEREOF. the ~'d MORTGAGOR has herwnto set his hand end seal the day and yen ~nt ~forpaid.
S' d S~ald n i ~ in th~ pre~enct of: ' ~ J ~ i
/.1.P.ur.,wu ~R~-cd ~~eri~4?~?~t/ ~u4
~-on
K..n
rs..n
STATE OF FlORIDA ~
$tr• ~3JB - SS'
COUMY Of
` e.fw~ m~ p~.wnalty ~pp.uad C~AQ6V8 t181~$ '~10ffi88~,g~~lA ~7{ ~
j ~ w m~ well knawn and krawn to rn~ to b~
ths individwl~ desvibed in and who ~xecuted tM fors9oirg iratruma~t, ard acknowledyed btfort m~ that ~ exewted th~ same fot ths pwpaas
tMrein exprased. ~ ,
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WITNE55 my Iwnd a~d offidal Mal of ~ J~ ~
a d c~r . • D. 19~Q %
. . _•i~•-'` ~ . i
FILEQ AND RECORD~p ~ ~ur ~~tc~ r~ «,a fa ~ ~ ~ ~
comm~ssan . ,!~d~r'4~ lYp"
Return Ta. . $T..LUCIE COUNTY. FI.A.~ '~"~s~~ ~~1`~,~' `'~~;~=r
~Ka F.a...~ sa~. a t~ ~..oG+~~ RECORD VERlFIED ~
Of fort Pier j ~
195361
Fort Vierce, florids _ ~
• ~ . .r~;-~_.
. . '70 JU!~ 29 AM I I ' ~ .
~:~.-,:a • •,.-,ii' "•l!.;• " .
' ~ .y ~.r ~ O~•"f, w
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~ . J;•; a '.,~?,s'
This lnstrument Prepared By ~h~~~A~ ag ~ _ s
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First Federal Savings ~ loan Association CL~RK C1RCUtT COURT: ~~''~•~~'~t~~~ ' ~
. . of Fort Pierae ~ Floi'i~d8 '?+~iue:+~,"`
Checked By ~ ~ ,
_ ~80K1~5 PAt~1~~ . p= -
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