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T~ p~.a «+d caui~wowiy RMp on Nr bviWin~ ~ww a MrMha M~ on wid 1~1 ~nd on ~u w~+~w~wa «+d v+~sa~ik btr ~M ~~P
pw wilb dl p~niwM tMrwn pWd in fu11, th Maw~na in d» vwN aw+dwd potiqr ~en~, N~ w~+ ~pprowd dp ~M MORTGAGE4 ~nd wind~la~
dfr~cb ~nd aN fin ac~d wMd~a«haur~np~ poYc~s~on ~ o~f wii brudM~. ~n'll ~~P~ Nw~~iM+a N» ASARTGAGEE w~
+oWp+M w~ da~W a
in ~oi. ~INN oom~in ~M usu+l u~nd~rd Morqa~ Naw~ a wd~ aMr dauM M ~M MaqpN m+Y ~~qvir~. ~wkinY th? los~ wd~ ~aid potb
dM. NCh and wKy. WYaW~ q Nid IMC~RTGAGfE M ih WNMf e~y NIp~K. M~d NCA. and tvNy Wd~ Policy ~MII b~ W~P~~Y +~s~9^~d ~nd i~WN~d 1~D
1NW b~? sNd MORTGI?GEE s~ f~wthM wcwity b~Nd map+p~ d~bL and, eol 1ps Nre? Nn 110) da» tn advana o1 M+~ ~apiwtion M Nch Pak1l. b dr
Iiwr to ~d MORTf3I1R;EE •~~wal tMr~of. ~op~d+M with s naipt lar ~M pnn~iun~ of wd~ nnewdi ~nd rh~n ~hal! b~ no fin a wird~ro.~e Mwwaac~
pl~ad an rep oi wW build'rp~. ~np in»r~q tMnin or pMt tl+~.~oi. ~+n{~a in tIM foen+ M+d wi~A tlN loa p~yaW~ a~ ~fw~idj and in 1M ~wn1 ~r w~a
of n~a~? b~oonws p~YaW~ un~ w~fi polkr a poiieia wid MORTGAGEE ~ArU Frw tly op~ion w natw ~nd ~pply th~ wn~ on ~ooowN d tM in~Mbe~
ma wewd hM~b~? ot w p~it uid INORTGAGORS b naiw ~nd w~ H a any parl tMrwf fa ot}~ pwpos~s. wi+hovt thxeb~ waivi.q p impak-
~+~f~ ~h. ~i~n or ~ipAt wdw or b~l virtw d tNs morto+p~t +nd in tM ~wn1 ~id IYWRTG/?GORS ~MII fa aay ?~awn fafl w kMp ~M ~+id pr«nis~s w
Maw~d. a f~il ~o ddiwr P~~Wh ~Y of aW policia d t~unno~ b aid MORTG~?Gf~ or f+il P~~Wh~ a wr ivtly any P..TwM N~a.fa a N a~r
nsp.a f.il a p..iorn~, di~cFwp~, .x.ana ~ff.c~. con~let•. oomplY wid+ and ~bid~ by Ma~ aov.nant. a ~ny pa~t 1w.of. a~d MORTGAGEE m.y pt.o. and
WY fot wch imur~ or arW P~r1 11~of withoW w~lvinp or ~HKfi~ a~Y aWia1. ~Nq, ~qritl?, or tipht w~dN w by vinw of fhN Maf~+p~, ind tht
full .nwwa of ~aaA ~nd ~v+ry wch p,ym.nt sM!! b. ~nrn.dl.nly dw and prabN .rd sh.11 b... in~..~s~ from M. d~a ~Mnof untii paid r rh~ ~•a of
nirw p~? qntuen pM M+rwm and topethM with such h1N~at shall be Ntvred by 1M N~n of tNs nwrlpp~.
~
I. To p~rmit. co~nnit a wffa no waa», impaim~nt a~sN?ior~tion d ~aid pro~oKty w ~ny pwt tMnof. ~
S. To pay all ~nd ~inpvl~r ttie oost~„ clwrpn and ~xpww~„ inclvdin~ • nasoewbM anomeyy h. and a~n of ab~aac» of ii~N, incwred se paid ~t
M+y tims by said MWtTGAGEE. b~cww a in th~ w~nt of tM f~ilun on th~ pan of th~ said MORTGAGOR b duly. PromPtly snd fu11Y P~rfon++. d~schu~
•x~cvt~. ~if~d. compkr., oomply wi~h .nd ab;d. by .ad~ .nd •wry ~M stywlotia+s. +p~ea+~^~s. con~Gtiaa, .nd oov.nann oi sa~d pranisso~y eor. .nd rhts
mortp+p~ +nY w~i~he~. and said eoa~s. d~u~s +~d ~cpseaas, i+d~ +nd ~ve~Y. sF~al) b~ inn~diaMl~r du. and p~yabkt wMtM~ o? no1 iMr~ b~ eorin dr
mand, attempt ro oolled a wit pw~npj and'fh~ full amowN of eKh Md evwy wd~ p~yrt»nt sh~ll b~a? intsrat fran tl» dat~ tiwroof until pa~d at tfr
.ata of nitu per qntum par snwen; and ~II s~id oost~, chu~as and expawes intwrd or paid, top~thrt with wcli irua~st, shall be ~ecund bp tM li«+ of tha
morlpa~: . -
6~ Th~t h the ~venl of aeryl bnsch of thb 11Aortpapt or d~fault on the part of th~ MORTGAGOR. or tb) in th~ ~wnt arry of s+id sunn of n~o~?ey
henin refernd ro bs not prompt~y aed fufy p~id within thirty (3W days next sfter the sarn~ sevaally becane due snd payaWe. wltAoW d~mand oi ~otk~
or W in tM evw+t eech and ~wry tM stipvlatlo~s, sprsern~nts„ tonditior?s ~nd coveeMn» of said p?omissory note snd th~s mortyape any a atM? an ~wl
~+N. P~~+M~Y ~nd fulh Performed, d'wcFwr9cd, exewted, ~ffec~ad eanPkad, con~lwd with aed. ~bided by. tMn io ei~her a~ny ~uch w~.?f th~ aaid a~
preyaro swn menti«~ed in ssid promissory no» then nmaininp vnpaid wFth inta~st smved, ~e?d all ma~eys sacurad herebY. shall beaoene dw and psy.
s6b fonhwitF~, o~ thereafta, at the option of asid MORTCsAGEE, a fuly ~nd oomplNSly +s if all of the said wm~ of ewnsy were oripinally stipulated
to 6e p+id on wd~ daY. ~nythinp in said promissory ~oh p•in thh Morfypt fo the cootrary nohwitlaqndinp; and ths~evpon a thereafta ~t th~
option of
s~id MORTGAGEE, wirla~t notice w d~mand, wit at law or in puib. tln+tfon a tl~e~fter bep~n; m~y be prosecuted ss if ~II moneys secwd her~by
F?ad matuted prior fo ib imtit~tion. •
7. Th~t in tM wa~T tMt ~t the beyinniap of ar d any t«n~ pend'inp ~ny wit upon NJs Morfy~, w to forecbs~ h, or to rofor+n N, a to ~nfo~p
payment of ~ny d~&ro hereunde~, aaW MORTGAGEE slwll ~pply to tha Coun Mviig jurisdittion thereof for the ~ppoinhnent of ~ Receivar, s~ch_ Co~r~f shall
forthwith ~ppoin! a f!tlirt? pf Mid TOft~i~ld p~OQlAy iIl ~Ild i1~Vlif. MKludenp all and sinpular tF~ L?coms. profits, issu~s and rtwnues fram what~ver
sowoe der'rved, e~ch ~nd every of which, it beinp ~xpresslrr w~dsnrood, is hereby mor?gsgel! ~s if ~pscifically set forth u~d de~uibed in ths ~a~t' ar?d
Mbendum dwses hereof. ~+~d wth Reoeiwr sh~ll h+we all ths broad snd sNettiw fw+aio~s and ~
such appoimment shsll be en~de svch Gowt ~s an ~dnUtted PO1"'~ ~^y`""u ~"tnntcd by s Cov.t to a Receiver. ~nd
by equity and ~ m~t»? of ~tuotut~ r~pM w sad ~OaTGAGEE, ad witla~f rcfere~cs ro tl»
adeqvacy or inidequacy of fhs wlue of the propertr nwrtp~ed w to th~ sonrsncy w insolvsr~cy of siid MORTGAGOR w the defendants, and that such
rems. profits. irkome, iswes aod ~ev~nws siWll b~ applied by wch ReceivN aooordina:io th~ iia~ or puity of•said MORTGAGEE and the practic~ of wch
CouA.
8. To duly, promptly ad fvly. ps~form, d'ncMrya, execute, effec?, comPkts, complY with ~nd abide by each a~d way tM stipulatio~n„ ~groanems. .
cor~tans ard caveninh in sad promisswy ~ote and this mortgag~ set ~forth.
9. Th~t in tl+e event the ownsrship of the nwrt9+yed Premises. w s~ part ti~sof. becomes vest~d in • parson otMr fh~n 1he MORTGAGOR, tM
MORTGAGEE, its wccessors and assiQr~s, may, withovt no~ice to th~ MORIGAOIZ deal wt(h sud~ waessor or wccessor in interest with reference to this
mwty+ge and the debt hereby secwed in tfie same marr~a as with Mwtgsgw without in'~ny w~y vitiat~rg a dixhargirg ths Mortgagors' liubility Ikre-
under or vpon the debt hereby secured No sak of the premnes he~eby mort9a9ed and no fwbsarance on 1ht part of 1ia MORTGAGEE or its svaessors
w assigns ar~d no extension of the tirtie fw the payment of ths debt hereby secured 9iven by the MORTGAGEf w ib successors or astipro, shall op~rat~ -
ro rekasa, discharye. mo~ify dwnge or affeet th~ original lia6ility of tM MORTGAGOR i+erem, either in wFale or iq part.
~ 10. It Is specifically -agreed that Y~me is of th~ esse~ce of tha oont~act and tiW1 no wsiver o~ any oblig~tion hereunder or of the oblipation se-
cvnd hsreby shalt at trty time thereafier be held lo be ~ waiver of the tem+s l~ereof a of tM imtrume~t secured herby.
i
I1. In adtlitian b the foiegoin9 ~iiorlthly psyments of princ'pal snd interest requ'aed by tt?e promisso~y note secured hereby, mortgagor tovena~ts
and agrees to pay to mongagee with each monthly payment an additansl swn estimated by mortyaspe to be equsl to i/12 of the annuaf cost of the fdFow-
~Mj,
A-AN ieal prope?ty taxes kwied w assesied ayainst the ~bove deuribed •rea) estale, ' ~
_ B--Premiums on fire and windstorm inswance as here;n requ:red to be curied on the improvements irtwte on the sbove desaibed premi:es.
C-Premiums ori sirch ~mort9sge 9wrar~ty' inswana ss mortgx~ee shall froa+ time :1o tirtie d~n fit w carry on the ban aecured hereby.
Mwtgagee sf+a11 from time to time notify moctgagor in wriring of the amount.due aod payable hereunder and such wm shall thereupon be due and
payabk on the due date of the next monthly payment snd each suaessive monih thereafter until mortg~gee shatl ootify mortgagor of a chanye in wuti
amount. Such sums shall be epplied by mo~tpagee towud the payment of real property taxes, inswsnce prem+ums, and morfyage Quaranty irow~nce
P?em!Wns• -
IN WITNESS VYHEREOF, the s~id MORTGAGOR Fw hereunto s~t his hand sod sesl the day and yEu first ~fwesaid.
Sealad and li ed in th~ pre~ence of: ~ ~ Q /P -
- ~
/ l~/~' ~.'~J IS.r4
K--n
K--n
STATE OF FlORIDA . ~
COUNiY OF ST • uICIB ~ '
e.f,~ ~.~,iiy ,~.,,~a - ~ Lillian Oiwans, a sia~l~ adalt ~
- ~ w me we1~ k~ow~ .nd knawn w me ~o b.
tM in~vidw~ d~stribsd 7n ~nd who ~xacuted the for~yoirg Lwrvn»rtt, and adu~owledy~d btfore ini ~i~t ~y exacvled the sam~ fot th~ purpwes
?F~ertin tapras~d. ~t
WITMESS my Med ar+d offid~l staWr - e ' A. D. 19 70
!'~l. ~~Q
S'~. LUC(E COUNT'r; FI.A: '
" . RECORD VERIFIED Ha ~c. ~„~„d sa, *t~. s~,r. o~ ~~d..r t.?~.
Retum Ta ~a75~V~ ~,,wM~1
first Federal Ssvinps ~ t,oan Y i'u t~ ~ , ; ,Z . ' ZTAT~ ~
Of Fort Pierce. ~ ~VR" ~O RI'1 ' ~O ~ 24 :-:z~~,.•~~....~~~~~' ~x~R,~ ~ w~
Fort Pierce. Fb?ida ~
:
~ ~ -~L , ' ~ ~jBJ~ 1~
. r'_~~' `
ti? G~ ~Is-'
. ~ ~ ; ~ '
ROGER POITRA : ; t ~
~ CLERK CiRCUIT COURTJ~ ; 1.;4~~-~- ~
- r •'.,Or -
This Instrument Prepared By Joh~i W. OolliDS J. -
First Federal Savings d~ loan Association ~'y~ '~~Q~
of Fort Pierce ~ Rlosida '~y 7~'':.••••• ,
. J: ,•~t~~'~
~ ' • ` ' ~ ' .f''~~~''~:nu~~~~"
fhedced By -
~ ~ aooK185 PacE15~4 -
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