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3. To plao~ aed oaaLwo~slY kMP on H» buildir~ ~ww a M~r«!w?.~ih~ a+ wM1 bnd ~nd on dl .qutpnwm ond pKwi+alh cov~nd b1? ~M ~a~P
p,, wbA ~N 11~~on P~id !n i~11, fin Ga~r~na in Hr u~wl ~f~d Poliq? fa~. M~ wm pp~owd b1l tM MORTGAGEE, ~nd wied~~onN
MMwM~a M 1~ W+ndwd polity tonR N• wa~ ~PProv~d b~ 1M MORTGAGEE. b MKh ~1I a oon~pw~iN N Nn MORiGAGEE w~
dM~eO Md aN N?~ ~ winduonw GwK«+a poliefN m s~1? ef s+lr b~+ldir~Yb M1? Ml~t M~nin.or p~et ~Mrrof. in tlN +pp?p~N swn ~fo~~d a
In Nw~of. ~hdl oontNn thi 6iw1 aana«d ~+orqay~ cwuN a wd~ wMr dwM a ~M Mo.q+qM m~1? «V~+w~. ~+?in0 tM Ias wida N~d oolh
ciM. .~cA .nd w.ry. arabl. a sMd MORTW?C~EE a ia Mua.q nwy Mp..?. and ..d~ .nd way wch paicY shall .b~ w~~r uw^~ «x! d.Uwnd a
~n~r IMld b~l Ntd MORiGACiEE as funlwr aai.UY a uid ewrqp~ d~lM. ~nd eof ba N~~n Nn (10) daq in ~dvMa o! th~ ~,~pM~tion d e~ch Po1k11. b d~
NvK 1e uid MORTG/1GEE s nn~wN tMr~of. ~oostMr with ~ nalpt for M~ pniNua~ of wth ntwwa4 and ~het~ ~h+ll b~ no fin a windatwm Maw~na
plaad on ~r of uld butfdta~„ ~n1? inferMt 11»nin a p+n tM~.of. ue+lw in ~M faia «+d whh tt~ laa p~y~bN a afa~aaid~ and tn ~M ~wiw an~r win .
of ~np»y b~oome~ phraOM w~da wdi po1k1? a Pdicia wid MORT<3AG6E ~AaN haw ~M op~ion ~o nalw a~d pply th~ sarne a? ~aawu d th~ ind~W~
e~s ~seu.rd hK~b~r a b pwmM Nid MORtGAGORS w natw and u~ H a aM? P+~ ~pf ta ahe~ pwpo~ea w~~hou~ ~hNeb~ waivinp or imp~i.-
inp an~? pvwb. Il~n a ripM w~d~r a b~? vfctw of •tl~i{ nartyap~r ~nd h~~v~nt wid IMOitTGAGORS siwll fa any hasan fail 1o kMp th~ wId pr«niNS w
i~aw~d. or f~t) b d~livM Pr«~Mh? _+~W of said polielss of ieww~na to s+id 1NQRTCiAGEE. « t.ti v~~*wb +o wr fi+~b +~Y P«mium thK~fw a b arhr
nap~tt f~i1 b pMforn~, di~tlwrp~, ~~ucvt~ ~ff~d.'~a^Pl~t~ aomplY with ~nd abid~ by Mit oown+nl, or wiy P+h ha~of. ~aid INORTGA(3EE nwy plaot ~nd
Wr for wd~ iiwK~na a ~np parl tiwrwF withoul wr~ivinp or ~fhcNnp ~n1? aWion. IMn, ~quib. or tipM w+da w by virtw of this Mort9qe. ~nd tht
fuQ ~rnowM of ~ath and ~wry wd~ psym~M ~11 b~ ieurwdiatdp dw and psyabl~ and sh+ll bw intK~st froen tM daN tMrwf w?til paid ~t tM ~aN ol
nfne p~t antwn pM anwn? ~nd lopstiw~ with wch int~r~st sMll bt secw~d by IM li~n oi thi~ mo~tps~t. ~
To p~rmk, aoimik ar wffa no wast~. imp+kmem a d~hriaation of said propKfy w~r prt th~nof. -
5. To pryr ~11 ~nd sinpulx th~ ootls. chrq~s ~nd ~xP~n»~. includinp a~bM +»arKY's fN snd oosts of abihacts of Htl~. incwred w p+W at
any ti~n~ by ~aid MORiCsAGEE. b~cww a in ~he ewnt oi the tailun on th~ pwt d tM ~sid MOItTGAGOR a duly. Prompty aed fvly p~rfwm. dwch+~9~
axecute. ~tf~d. oomPMn. ~Pb with and abid~ bp ~+ch a+d swry th~ stipulafiorq, spreeMenp. aonditian. and cownants oi s+id promis+ory not~ ud thb
motty~p~ ~nY a ~i~Mr. aod aad costs. cMrpN and ~xpN+se~, ~ad+ and ewry. shall M 6~rrwdia~~y dw ~nd payabte: wherher a ~at Mer~ be notic~ dr {
mand, stta+npt to ootl~ct o~ wit p~ndin~ and th~ full ~no~K+t of Mth an~ ev~ry wd~ p~Yme~t sh~ll be~? interest from th~ dat~ tht~~of vntil paM at ~he
rate of nirn pe~ aMum pu amwn; and all sr~id aosta, chupes and ~xp~r?ws inaxnd a p+id. topetl+K with such Interesl, sh~ll bs s~w~~d by tM li~n of tha
maq~. .
b. 1Mt (sJ in the wem of any br~ach of this Mort9p~ o~ d~fwlt on Nr pa.t of tM MORTGAGOR, or Ib) in tM ~vent ~ny of s~d wms of mon~y
he~esn ..fe...d ~o b. ~a ~w+~r~r .r,d tuiy Pa~d w~~n~~ ~h~rty t:~) days n.x~ •he. ~M sam. s.~atty bscorr~e due and p~yaW., withow d~mand w notic~,
w W in tt~ ~wnt eacA and ~very the stipubtions, aprsan~nM, caditia?s and cown+nn of wtd promiesory rofe a+~d th~s mortqape any or either an no1
iuN. P~^P~M ~d fvlly pKtorm~d, disch~road. ~x~u+Nd. ~ffed~d, con'~Pkrod, comP~ied with snd sbided by.•N~+ in ei~her a aoy such went ti+~ said a~
preyab wm m~ntiaisd in said promiuwy note tha? remaininp vnWfd, with i~ter~st acuwd. ~nd a!1 naneys setured heraby. shall beron+e dw and psy-
able fa~hwith. « thertafte~. at tM option of said MORTGAGfE. a fvlly and comph~eh a H sll of ths said wms of mo~+~y we:e or~g~n+tly stipobted
to b~ paid on svth dsy. anythirg in said promissory rw~e a in this Mortyage ro tM oontrary notwithsrandin~: and ths~eupa+ or thereaha af the option of
ssid MORTGAGEE, without ~otia or ~~snd. wit d law or in squity, tMrsfon w the?esfie~ bsyun, m~y be prosacuted a if all mon~ys sacvr~d Mr~by
had nwrtrred prior to in i+nNtution. .
7. ilwt in tM event th~t at the beyinnirg of ar ~t a~ryr time p~dl^p +nY suil upa~ this Mony+~e• w to foreclose it, or to roform it, a,to enfora
p~ynront of a~y daims huevode~ s+ld MORTGAGEE sh~l~ aNply to tl+e Coun havinp lurisdidion shereoi for ths sPpointmewt_ of ~ Receiver. auch Caxt sF~sll
f«thwith appp&~t ~ roceiwr of said mortyayed proparty all and sag~lu, includ~~g all and singuls~ tM inoona. profin, issves and rwenues fran whatever
souru dsriwd, ssd~ and svery of which, b beirg expreulY w~derstood, is hereby matgaged as if spacifically s~t (orth and t~puibed h}he ~~anfirp and
habardwn clauMS Fweof, ud wcb Receiver shall haw ~II tM broad and effectiw funct~oro and powers in aoywis~ ~1yw~tid~by ~ Court to a Reoeivar. and
such appoFntment shall be m~ds by wch Court ~s ~n ~dmined eqviry and a mattar of ibsolute r'ght to said MORT~3AGEE, a~d without refera~ce to the
adequacy w in~dequsty of the v~lw of the property morqsped or to th~ wlve~cY o~ imdvee~cY of s+id MORtGAGOR or the defendann, and that wd+
rents, profits, incorne, issues and reveows slWll b~ applied by wd~ Reoeiver sccordinp w-lh~ lian or aquiry of s~id NIORTGAGEE and the p~actice of such
CovA.
a. To duly, w«nptH +ed fu1H wrf«m. ~xecvt~. ~ffect, oo~wkre, oomplY with u?d ~b1d~ by tach and ~wry ths stipul~tions„ apreemeota,
condirions and caveMnn ~n s+id promissory nore ard this mort9ay~ wt forth.
9. Thst ie the evem tht ownKShip of tM mort9+pad Pranises, a amr pan thereof, becomss wsted in ~ penon other than the MORTGAGOR, th~
MORTGAGEE, ih wcoesson and assipns, may, vr~thout notics to ihe JY?ORIGAOR, dsal with such i~ooessor or. waesaor in interest with referenoe !o this :
mort9ays and the debt haeby ~atw~d in the samt m~nner ~s with Mortgs~w withoul in ~eiy wsy vitiNinp or di~tFurginp the Mort9sgors' Ii~bility htn- i
under or ~rpo~? ths debt he.eby sea,red. No sale of ths premises hcreby mwtgayed and ~o fo.beswnce on-~iie p+~t of ths NIORTGAGEE w in aucoessas
or assipro and ra extension of tl+e time fw tM payment of the debt hereby secvred yiven by the MORTY"aAGEf or it~ suusasors or assigns, sh~ll op~raq _
to releaw, disd~+ry~ eafiify d?~npe a affect th~ oriyinal li~bility of the NYORTGAGOR herein, eith~r in wlwi~ or in put.
10. h b ~pecifiuly ~groed N~at tim~ is of the esse~cr of this oontrac4 u~d th~t no wsiver of s~ obl'~gation hereunekr or of the obliystion se-
cvrad hK~b~r s1?+11 at any timr thereaft~r be heM to be ~ waiver of the temu hereof a of ths instrwnent secvred herby.
11. In add~tion to the fore~o:n9 monthly'psymenb of princ:pal and interest ~eqvued by the promiuory note secured hereby, mortgsgor covenanb~
and apraei to p_: ~o mortpsgee with each monthly payment an addi~ional svm estimated by mongsgee ro be eqwl to 1/12 af the annual cost of tM foliow-
ing: - .
A-All ty ts:es kvied w assessed a9ainst the.above described real estate. .
d-Premiu ~ve snd wie~dstorm irawuKe ss herea~ reqvueA io !fe cWried on t6e Lnprovert~ents sitvate on the above dewibed premises.
~ C-Premi~x+~s on wch mort9aye gv+rsnty inswance as mortgsgce sha0 from time ro time deem fit to carry on the loan secured hereby. ~
Mortyspe~ shitl from time ro time notify mort9agor in writirg of the arnount dVS ~d paYablr Mrewkle? and such wm shall thereupon be due and
payabl~ an ths due date of the next monthlY psyment and each waessive monM thercsfter until mortgayee shall notify mwigagw of a charge in such
arrwuM. Suth svms shall 6e applied by mat~sgee toward the payment of real properry t~xes, i~uunnce prem:ums, snd mort9sge 9uaranty inswance
' Prer^iuee~. ~ ~ ~
~ - IN ITNESS WHEREOF, fhe s+id RTGAGOR has hae~nto sef his hsnd and xal the day and yssr f" aforesai~
~ ~ i oFII,ED AND RECORt?EB~
I ST. LUCIE COUNtY. Fi.A: ~ q
F ~~:CO~tD Vt ~IFtFD ~ ~
~ . 1958~0 ~..n
~ JUl 13 AM 9: 4 t ~ ~
¢ STATE OF fLORIDA ~ - ~ f
. ~
COUNTY OF G -
.li i i,r~
Stfof! e1M pMLOfliUy tpplsred Nld
~Ilf VVIf!• ~O TQ 1Nl~~ ~[f10Wf1 afN~ ~[f10W11 10 f110 ~O ~
the individwb dewtbed in ~nd who ~xacutd ths fonpoirp instrarwnt, ard admowkdyed befon me tMt N~ey execvted the same fw the purpos~s
~n~.~ .~..~a. Ma rh. - Bunic~ dobbs
wife af Nw s+id Bd1~~A CObb! ,~rpon ~ tep~rate u~d priv~t~ !
examinstion by me taken sepirste snd apsrt from her s+W 1w~b+nd. +du~oMrledyed to and b~fon rrw that ahe executed ssid '~g~t wluo-
arily and without any compubwn, oo~ntraint, ~ppreM 'on, fear of or fian !wr ~atd Fwsband. ~~'~'t' ~
^j~ t
VYITNESS my h~nd ar~d official swl th~ / O r -day of ~
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, Nofsry Publit in ard for the Staq •
RNwn Ta . . . My Corm~~s~'°n ~xpu ~Z ~ ~ve~ : ~
Ftrst Fed~nl Ssvkgs i loan Aswcistion • / 7/ ~ v` ~ v.'
;!~'0 Y~'3:~s~~ ~ G:.~
Of Fort Pierce. . t ~i ~ ,Qi` ; • ~
Fwt Pieae, fbrida -Y Q~1~'
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This Instrument Prepared By Richard K. Ksyts
First Federol Savings ~ Loan Asaociation
• of Fort Piarae, Rlosida •
Chedced BY -
dO~I PAC£x~~e7{
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