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To p1ac~ a~d ca+~Ywroualy ksp o~ tM t,uildie~ now a hKMfN~ Wwu on ~aW i~nd ~nd on ~It ~quipnwu ~nd pNanatly eow+~d bp Mh
p~, nrilh sQ pnesiwna tMno~ pa~d in fvll, fJn Inswa+t~ in Mr v~wl u~ridwd potiN fwm. M a~wn ~ppowd bil IM MORtGAGfE. ~nd w~tp~ 1
in~w~na in ~M wuN ~~Md~ed pol~ la~. in • w~ +pprowd bp Nr MORTGAGEE. {n wch canp~nY w ca~npaniN a M10RtGAt3EE nNy
dincq ~nd aU /in ~nd wind?~aw~ i~awa~ot~ P~ ~ M+Y of wid bufld~p, ~riy MK.n~ tlwr~in a par~ th~.~ol, in Nw ~yprp~h ww~ ~forNaW o?
M~soea IMnol. sMll contaie tlu wwl aMd~rd ~arp+pN c1wN a~ such alw dww M tlr Ma1p+pN nwY rMv~n. ~~irq tM Ias undN ~ad pol~
ei~s. ~+d~ sed-wwy. Wrabi. w a.id MORTGAtiEE a i1~ ir?qrt~t nw~ ~PV~a~. ~nd Neh ~r+d wMy.weA PWiev ~h~ll b~ p?omptty au~Qn~d and dNivNtd ro
~^Y hNd b~? usd MOtiGAGEE w fw~ha iecu.Irp ro wid m«~p.~ d.W. a~d no1 le~f ih~n t~n (10) d~rs {n advanc~ of ~M ~+~p'w~tion ol Nch polity. ro de
I~w~r p w;d MpRiGAGEE a rarwal rM.~of, ape~lwr wifh ~ naipl ta Mr pr~miww of wch r~w•Ij ~nd ~I,K~ aMll b~ ~o Pu~ w w~~ar~ in~w~nc~
p~~ad a? ~ny of wid butW'ag~, any intensl dwnie~ or pa~~ tMnoi. unl~sr M th~ (wn? ~nd with IF» losf, payabf~ as ~fons~idt ~nd fn IM ~wm a+y awn
of mw»y b~cpna p~yaW~ vndM s~ paky a pol~ wd MORTGJIGEE ~hall h~w ~h~ oprson a nceiw and ~ppty. ~ha wn~ on ~uoun~ oi tM Md~btsd~
Mts s~cwed MrMy w a p~tmit said MpRTGAGORS 1o r~aiw N+d w~ N a~ny part tl?treof iw onc~~ purpas~c, wi~Fw~f tha.eo~ waivi:~ w unpair-
t~w ~eY pv1W. 1tt~ a ripM +M+da or bp virtw of tha mortyp~s ~nd in tM ~wen a~d MORTGAGORS shall (a any ~~awn fail b k~ep tlr ~aid pr~mis~s so
ina~r~d. a f~il b d~llwr prprnptlr ~ny of uW polici~s oF insurN+o~ W said .MORTGAGEE, w(~il promptly b pay fvlly any prtmium tMr~to~ a in any
r~spK1 t~il w pNfwm. dischary~, ~x~cut~, ~ff~ct, tcmpl~M, comply wt~h ~nd ~bid~ by Mis cov~nu+1, a ~ny put Mrw~, s~~d MORTGAGEE m~r pl~p ~nd
P+y tor wd~ irowanc~ a any part thKwf withoW wahrtny tx ~ff~dirp ~ny option, li~n, puity, a~pht unda o~ by virtu~ of this Mat~p~, and tM
iutl amouat of ~ath and ~wry wth paymMt sMll b~ imm~di~t~ly dw ~nd py~bl~ ~nd shaH btsr int~rest irom tM du~ M~er~of untit p~id e~ tM ~~a ol
n;ns pN t~ntum p~r anrwm and to~elher witl? s~Kh inte~e~t tMli b~ tecursd by th~ li~n of thb mortqpe.
1. To p~rmiL con+mit or wffe. no wast~~ I171pi1frtll1l? M dNN~01d1011 O{ NW p/O~Nfiy p M~t Piti 1IMt~Of. '
5. To pay all aRd siegulu tM ewri. el~as ~d exp~ns~~, includinp a rHSOn~bl~ ~ttorn~y's fN and tosts of ~bstracts of ti~le. incurr~d w p~id at
a~y tlnw bp saW MORTGI1GfE, b~cavw or in tF~ ~wnt ot tM failw~ on tlk pa.t of t1» said AWkTGAGOR to duty, promp~ly ~nd fully perfwm, ~ixh~~y~
execut~. ~t(tct. tomplat~. comply with a~d ~b':de by each and wery tM stipulatior», apree~?snts, condilan~, ~nd covtnant~ of said {xomiuwy nole and 1F?ii
mortpap~ uiy or ather. and sa~d costs, cMrpes ~nd ~xpMSa. each snd eva+y, thsll 1» immediately dw and payabte: whether or not there b~ norice dr i
mand, arrsmpr ro colkcf a wif per+d;np~ and rM full anwunr of each ~?d ~ve.y svch paymen~ shall bs~. in~eres~ from Ihe dat~ th~reof umil p.id tM
.ate of nins per osntum pe~ ~rnwm; and all said sosts, cMr~s and exp~ns~~ it?aur~d or paid, ~opether with suth in~ertst, shall bt Ncur~d by the lia+ of thiu
n'°Ap+p~• ,
6. TMt (s) in tM ~wet of My br~ach of thu Mwtyap~ or d~fauU on t1r pa~t of the NIORTGAGOR, w(b) in tM eve~+t any of s+id sums of mon~y
herein rsfer~ed to k» not pramptly and fvl{y paid withGn th;rty (3~ day~ nex~ ~fie? the same ssva~tty become dve ~nd payabb. vrithout demand w notip.
o. (c~ in the ewnt each ~nd ~va~y the stipulatiaa, ~gr~em~nls, cw~diria+s and covenants of sa~d promiuo.y oote and th;s mo+tpaps any a aithe~ ~re no1
iuly, promptly and tully pKformed, dischiryed, ~xecvt~d, effacted, tompl~tad, complied with and abided by, tF~tn in either a sny such evsnt IM ~aid ag
grepaq wm rn~ntiorled in s+id prom;sswy note then remainin~ uopaid, with int~r~st acuuad. and all moneys secured F~eby, sMN becoene dw ~nd pay~
sble forthwith, or thereaher, at tF~ option of said MORTGAGEE, aa fully and. compktely ~s i( ~II of ~I?e said wms of money wer~ wqinally stipvleted
to be paid on such dsY, anyth~ng in said promwaory not~ a In lhis Monya~e to the contr~ry ~otwithst~nding; and thereupon a thereafta at tM optwn of ~
seld MpRTGAGEE, withwt ootice w dana~d; svit ~t law or in pvity, the~efwe ot thereafter beyvn, miy be prosecvtsd as if ~ll rnaays s~pn~d heraby
had tnuu~ed ptar to iri irotitutio~?.
7. Thst in tM went th~t a~ the begin~ing of or at ~ny time pe~ding u~y wit upon ~his Mortg~ge, or to foreclose h, w to rsfwm it, w to enfwp
payment of ~ny claims hMeu~de~, s~id MORTGAGEE shafl ~pply to tMe Court h8virg jurad'ation thereof for tM ~ppo~mment of ~ Receiver, svch Covrt shall
f~orthwith appoim a receiver of said mortpayed praperty a11 and tiny~la?, {ncl~d,np all and sing~lar ths income, proiits, issuei ~nd revenuea from wMtevet ~
wurce derived. each ~nd every of wh~ch, it beinp expressly underitood. is hereby mongaged u if specificalty sel fw~h ~nd dewibed i~ tM ~rantiog and
habeodum clauset hereof, u~d wcii Receirer slwll h~ve all the broad ~nd effective iunchons ar+d powers in snywise emru~ted by a Court to a Receivar, and
such appotntment thall be made by. wch Court at an ~dmined equity and ~ matter of absolute right to said N10RTGAGEE, and without referenca to /M
adeq~acy o~ in~deqwty of ~he vatue of ths property morty~yed er fo the sotve~cy or inwlvency of asid MORIGAGOR p the~ defendanrs, and fhat sucb
reros, profits, incwne, issues and revenves shall bs ~pplied by such Receiver accordinp to ths lien or puity of said MORTGAGEE ~nd the psctice of svch
Court.
8. To dvly, pro~mptly a~d fully periwm, discF~ary~, execute, effed, complete, compty with and ~bid~ by euh and wery tM itipv~atiuu, agreements,
conditans u~d covenann in sad yxomissory note and this mwtgsge set iorth.
9. That in the evem tM ownenhi of the mort ?
P 9+9~ P~~~~. a any part thereof, betomes vested in a penon othea 1h~n the MORTGAGOR, tM
MORTGAGEE, iti iuccesso~s and aui9~ns, may, without notice to ths NIORTGAOR, d~~l wi~h such successw w successor in interest with reference fo fha
monQa~ ind the debt. hereby setureti in the ~une manner a~ w~th Mortgagor without in ~ny way vitiatir?p or d~scM~gi~ the Nbrtqapors' Iiability here-
• or
under w vpon the debt hereby secured. No sale of the premises hereby mortyayed ~nd no forbearance on the part of the MORiGAGEE a its succeuws
or ~uig~s and no extension of the time fw ~he payment of the debt hereby secvied Qimn by the MORTGAGEf or iti s~ccesson a auipns, ?hall opaat~ .
to rekase, discMrye, modify change or aftect tlie oripinal liability of the MORT(3AGOR herein, eithe? in whole w in p~rt.
10. It is ~pecifically sgreed tFut time is of the essence of tfiis contr~ci and that ra waiver of any obligatio~ hereund~r a of the oblipatio~ te~ ~
cured hertby a,tia{I at any time thereatter bs held lo be a waiver of the terms hereof or of the inatrumem secured herby. 1
11. tn add~tion to fhe forego:ng mo~thly paymenh of pi~nc'pa! snd interest required by the promis:ory note secured hereby, matgagor covenants
and agrees to pay to mortgsgee with exh monthlY paYmem an addi~iond svm estimaled by mwtgsgee to he equal to i f 12 of the annusl tost of the follow-
.
A-A(1 rEal property tsxes kvied o~ assessed-aga;nst the above desc.ibed resl estate. ' ~
B-Premiums on (ire and windstorm insv~a~ce as herei~ requ~red to be carried o~ the improvemerti sitvate on the above desuibed premises.
C-Premiums on suth mortgage gwrsnry inswance ss mortyagee shall from time to time deem fit to urry on Ihe loan setured hereby.
Morlgagee shall fiom time to time notify mortgagor in writir~ of the art+d~M due and paysbk hereunder snd such wm shatl thereupoo be d~e ~rd
payable on the due date of the ne:t monthly payment and exh wccessive month tF+ereaiter ur.til mortgagee shall not;fy mortgagor of a chanpe in s~ch
amount. Such sums sF.all be spplied by mortpagee toward the psyment of real property taxes, iroursrxe p?em:uma, and mwtga~e q~s?anty inwrsnce 1 (
premivms. ~
IN Wl1NESS WHEREOf, ~F~e ssid MORTGAGOR has hereuqt t a h~nd and seal 1Fx da yesr first aforesaid, i `
s~a ,n1d del' in ~ P?es«+c~ of: . ~'t~E~ AND RECORDE~~
" 5T. LUC~E COU~JTY, FLA. ~~~lh,t.,a,j ~
- ~~CORD VERIFIED` x~ Nol•Y•is k
- 1J V `301G ~4
~--n
. ~'IO JUl 2 7 PN 2: 3 . n
- - ~ STATE OF ileRiall /W.w . ~ _ ~ ~
~ ~ ~C/ s
courmr oF ~ RO ~E R r^ R:.S
e~fon r?w ~»nooa~~y apPeared Jutl~it C3T~ll1~-~l~11'~ 7~i.31[
. ~ to en~ well known ~nd krawn to ma to b~ :
the Individw~ describ~d in u~d who eaecuted tl» fwpoirg instrurtiant, and adcnow{edped (~fort me that thy exetuttd the urri~ for fM pwposes
therein ~z{xes~ed. ~edr~a/dr i
7~!lOi~O~ j
WIiNE55 my h+nd and official teal tiu 4 ~y o{ J
A D. 19._L,~±
, ~ •
Notary Public r~nd tw the Sute of Lup~
_ My Commission txpirts: ~t~ i
Return Ta. '
firsf faderal Savinys 3 toan Aswciation J• SR~Nr ~!~-+~~k~.~ ~
Of Forr P~erce. ~Mb of New Ve?k. M~nr'M GW1tr ='h,~,,r C~~ {Y . ~
~"i"!.
Fort Pierca Flwida CommIMiW1 EXDkM YM'~1 °1~ yi.
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3--30-~~ ~ ~C~~
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This Instrument Prepared BY J. D. Ch8st8in
First Federal Savings b loan Association
, of Fort P+erce ~ glorid8 ~ . ~-:,~!~''~y~;«'~~
Checked By ~ :•~~~`S"'.~'k~r~4~
~ ~.~~..ri
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