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3. T~ pl~a «~d ca?~Mwowh? ?«p a~ N» buiwi~ra eow a M~.hK ~iwa» ow ~aid ~«~d «~d on ~N eauip~n~ «~d wnon+~h cow~~d br N~M ~wap~
.p~ ,~riM dl pnw,;~,u Hwr.on p.id in ivN. fw ~bawana in M~. wwl .und..d Polit7l lot~, in • w~ ~pp~owd b~r ~h. MORrGJ?GEE. .~+d w~nd~w~n?
M~w~wa in ~ u~u~i aandaA pol~cy fo?w~ M• twn ~pp~o~ by ~M MORTGAGE6 ~ wcA oomp~ny w campana~ N N~ MORiGA3EE n~ar
dM~c+t ~nd MI M~nd wind~an~ imw«~o~ poiki~ ow aw ~f Mid lvikl+~. ~ny 4u~.«t dw.Nn « p~.t NM.~o1. in ~ pp~p~a we. .h.~wfd a
~n M~wol. ~MII cont.tn Mw ww1 a«?dMd war+ag~ eiw~ a wd~ aM. etww a Nr Mat~ n+.r r.qv~r~. ~M~Y th~ ~as w~d~e sa~d poN~
cws. Nd~ Mid wKY. WY~bt~ b wid MORTGIiA3fE p i!t inNnM ~+qr ~PM~n. and Nth and ~vay wch po~kp ~hall b~ pror?p~hl ~u•WNd and d~liv~ed b
any MW bp wid MORTGAGEE a turN~ ~ecwihr a sald ~nortpp~ d~W. Md eot Ma MM+ Nn 1101 d~y~ In ~dv«+u ol ~M ~xpir~~ioo ol ~ach Policrr. w dr
IivM w said MORTGIIGEE ~ nnewN tMnof, wp~~Mr wiM ~~+aipt fa MM p~miu~ of wd~ i~w~lj a+d ~i+~ sMll b~ ~o fin a.wi~+d~tam imw~
placld On Mw 01 Nid buik~opf. aMr intt~Mt tMnin Or pMf 1Mn01. ~N?1las in NN 10nw M~d wilh tIN bst p~Y~bl! q afa~s~idi Md in tIN ~vMl whr swe
o{ n~w~r b~conws p~y~bb u~dM u~ policll or polici~a Hid MORTGAGEE ahall Mw tM option ro nceiw aod apply ~M s~ oo ~aoum ot tM ind~b~~
nya sKw~d 1~~ pr 1p p~nwG uMi MORT~3AGORS b rlo~iw ~nd YN N p anp par~ tM~wf lo~ otM~ purposM, wilhoul tAa~eb/ waivi~g p unp~ir• ;
~+0 «+Y ~h?. li~n ar ~iglu ve~ ar by virtw of this mwt~ap~j ~nd in ~M ~vMt qid MORTGAGORS shatl for a+y reason tail 1o k~ep tM said p.~mises w ±
k~whd. or tall b d~livu Pra*W~ll +^Y of uid politi~s of imww+o~ w s~id MORTGAGEE. « f.a ao~~iY ro P+y t~ur .~y a.n+wm tl+K~fw a in a~~
r~~ef fail b pK~aeR daehu9t. ~:~evt~. ~NM. ea^mpl~h, aomplY v~itA and ~Wd~ by Mis oow~ant. w~ny pa.t Iw~~oi. said MORTGAGEE ~nay piae~ and
P+Y (or ~uch trow~ a~ny paA tMnoi witho~t vwhrinp or ~if~ctMq ~np oW1on~ ~i~n~ MvMI?. w?iph~ u~dK w by virtw of this Mort9ap~. and tM
fu11 ~nww~1 01 ~ad~ ~rd ewrr wcA paym~t shall b~ inrnedi~bl~l dw and pyaW~ ~r?d shall b~a~ intK~st hom tM d~N therwf ~?ntil paid ~t th~ ~aN ol
nin~ pK pntum pM ~ a~nd to~ether with such inter~st shall b~ a~cw~d by tM tiNn of Mis mon~ap~.
To p~nntt, oo~e~n,it w wif~r ~o wast~. kepawment w detKiwat:on of safd propKty or any part tM?sof.
S. To p~y all a~d ~inpular tM cosa, elwp~~ wwl ~xp~nws~. indufii~q a nasooable atrorney's fN and aoits of ~bsN+cn of titte, inc~~~ed w paid at
any tim~ by ~id MORTGIIGEE, bicws~ a in 11+~ ~v~ni of tM failuro on the p~t of th~ said IYIORTGAGOR 1o dulr. promp~ly and fvliy pe.form, d~xM.~ ~
exscvtq ~fhct, complet~, canply wah and ab~de by e~ch and ~very rhe stipulafioea, prsements, ca+ditio~a ~nd covenanb of said promiuory not~ and ~hu
^wrqap~ anY w aeher. and s+id cwh. char~es ~nd ~xp~s, each ~nd ~w?y. sMll b~ ierwnediately d~e ~nd payable; whether w not ther~ b~ noeice da
q+
mu~d, a»empt to coll~ct or wi~ p~nd~nQ: ~d tM full anaunt of e~cb and rvery wch payme~t. sA+tl b~w inte?est from Ih~ ilaN thereof un~il p~id the y
rate of nln~ per centym par Mawm; ~nd al{ said oost~„ clwpes and exp~r?s~s incutnd or p+id. fopNhit with avch in~er~st, sMll b~ secu.ed by the lieo oi tha
matp+p~. - ~
6. Vhat tn tM avem of any brsxh of this Mort9+p~ or dafwlt o~ tlr p~rt of tM AhORTGAGOR, a(b) ie tM event ~ny of sa~d sv~ns of money -
herein nie~nd to b~ ~01 promptly ~nd fully paid within thirty (30) days next ~fter th~ same wvera4y become dve se~d p~yabk. withou~ d~maod or notia. .
w(c~ in th~ ~veM aacfi and ~very th~ stipulations ag?e~ts. corditans and cown~nn of said {xomissory not~ ar+d th~i morty~e ~ny w either an iwt i
~~y, ~Ny ~{~{h p~{prn~d, discMe~ed, ~a~cuNd, ~ffecNd, comp{~t~d, canpli~d wuh and ~bided by. tF+M in atMr w sny such went tM said ap~
y.e~t~ sum mentioned ie said promiaswy ~?oro then rem+ini+g w~aid, with intKtst acuved, .and all mo~eys secwad hercby. shall beeomt dw and pay-
able fwthwith, Of tllffNftN, ~t tM optioe~ of said N10RTGAGEE, as fvlly and completely ai it ~11 of ~he said wms of mor?ey wen orpin~lly sNputated
to be psid on wth day, anything in sa~d promisswy rwte a in this Mwt9aQ~ ro tht tontr~ry notwithst~~diny: a~ thereupon w the~eafter al the option of
said MORTGAGEE, without ~otice or dem~nd,- wit at law or in puity, therefon w thateaf~e~ bepun, may be p~osecuted ai if all moneys s~cwed hereby
had matyred ptqr to in iiutit~tion.
7, ?hat in the event that at the begiM?:~g of or ~t ~ny tune peedinp sny wit ~pa+ this Mortgage, or ro faeclose it, a to rofwm it, a to enfo~o~
payment of a~y clauns he.eunder, wid MORTGAGEE shall apply to th~ Court havi~+p jwisd~dion thereof fw tFK appo~mment of a Receiver, such Court shail .
Fwthwith ~ppanl a receivcr of said mwty~ged property al~ and sinpvl~r, i~clud~ng all and sirgulu the incwn~. pro(ita, iuues and nvanuss f~om wMt~ver
sou.c~ derived. each ~nd evcry of whKh, it bei~p sxpressly w~dera~ood, is F+ereby mortgaged u if apecifically se~ fw~h ~nd dewibed in tM prsn~inp and
habendum davses hereof~ a11d fiKh RKl1vN shall h~ve all the b?oad and effective func~ans and powen in snywiis entrusted by a CouM to a Rcceivar. and
such appointmcnt shall be made by uxh Court u an admitted eqoity ~~d ~ matter of absolute right to said MORTGAGEE, u~d withoul refcrence to th~ '
adeq~racy a inadequacy of the wlue of ~he p.operty mwtpsqed o~ to the soNe~cy or inwlve~cy ot said MORTGAGOR a the defe~dants, and that such
rents, profin, income, iuues and rsvenues shaN b~ appli~d by wch Receivet ~ccordinp to tM lien a pvity of said MORTCsAGEF and the practiu of such
Coutt.
8. To d~ly. p~ompUy and fully perform, dixF~ary~. e~c~cuh. efi~ct, carpkte. complY with and abide by each ~nd every the stipulations, ~yreemanri,
corn~tiaa and cover~ana ~n said promis~wy note snd this mortysp~ set iwth.
9. ?hat in the evant the ow~srship of the mortgaped premises, a ~ny pirt thercof. becanes vested in a penon othe? than the MORTGAGOR, tl+t
MORTGAGEE, ia succeuon u+d suiyns, m+y, without ~wtice to the MORTGAOR, de+l with such wccessor a sucseasor in interest with reference to this
mo.t9~e and the debt. hereby secured in the sunt mannar as with Mo?t~+yw w~thoW an any way vitiating~ a dixha~g~ng the Moityagors' li~biliry her~-
under or upon the deb~ haeby sea?rrd. No ssle of the premises i~ereby nartqap~d aod no fwbears~ce on 1he pan of the MORTGAGEE .or its waesson
w auig~ a~d ra eztens~on of the time fw the payment of the debt hereby secwed yiven by ~he MORTGAGEf w its wcceuas w suigm, shall opeiat~
to rdease, distharye. modify ch+ngs w affect the aiyinal lisbility of the MORTGAGOR herei~?, eitik~ in whole w in part.
10. It is specifically agreed that time is of tM es:sncs of this ca?tr~ct ~nd th~t no waiver of any obligatare hereunder a of tM obllpatan ir
cured hareby shall at ~ny time the~eaher be held to be a waiver of the terma hercof a of the instrumeM setured herby.
11. In add~Gon ro N~e forego'ng mo~+thl~T paymenb of princ'pal a~d inte~at reqvired by the p?omissory nore secured hereby. mortgsgor covensnts
and agrees to pay to mortgagee with each monthly paymer?t an addirio~sl sum estimated by mortgsgee ro be equal ro 1/12 of the annual cost of the follow-
ing: ~
A-Aq real prope~ty taxes kvied o~ assesud aysir~st the above described real est~te.
B-Premiums on fire and windstorm inswsnoe as herein requ~red to be carried o~ the improvements siluata on the sbove described ptemises.
C-Premiums on sud? moit9age gwranty inswann as mo?gsyce shaq from time to time deern fit w urry on the loan secured F?ereby.
Matgagee shail irom time to time notify mo~tga9or in writinp of th~ amount due and p~ysble hereunder ar+d such sum shall thereupon be due ~nd
payable on the duc date of the next monthly payment and eath successivs month there+fter until mortgagee thall ~otify mortgago~ of a chsnge in such
I~~ amounf. Such wms shall be applied by mort9a9ee foward the p~yment of rea) property 1axq. i~wra~ce prem:wns, and mwtyage gua~anfy insurance
i P«~• . .
; IN WITNESS WHEREOF, the ssid MORTGAGOR Ma he?w~fo tet his Mnd and sea~ the day and yeat i'ust aforesaid.
i ' ned. Stalad d delivered in fAe pretenoe oh ~ ~
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~ SiATE OF F10RIDA
COUNTY Of ~ • WCIB ~ .
~ ~f~ ~„~,~,iiy Willias H. Dusell .,,d
~ $~Iir1QY M. ~sell • his wife. to me wtll krawn and known b m~ to b~
fhe indiridwb described ie~ ~nd who u~acul~d tM forspoirp instrwner~t. ~nd atknow b~fon m~ that they t:tcuted th~ same for tM purpw~s
.~..s..d. .,~a sbi~y M. a,sQi1 ~ ~
w;re Willia?~ H. DuaQll " . ,~...r..~d ~.a ,
examiMeion by mt taken separase ~nd ap~.t from her s~id Iwtbard, adcnowl~dp~d b and b~fon ee~ that sh~ ~xsevt~d said insrruma~t fr~ely ~nd volw~
?a.ily and w~~Aout u+y compulsion, cautraint, appr~'~'°"~ or hw of or fran Iw s~id iwsb~nd.
¥ .WITNESS my lwod aed off'Kial s~al diis ~~it4~~D etJ {l ~lit A. 0. 19 7O
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~ Return To: . J
Fin+ F.d..d s.vn,~. a loan A..«~,~~«? ~f` Ndi1y ?~ic. State v4,R~ d~
'TO Al . 4 AM 9: 3 0 rn
Oi Fon P;erce. ~ ~ E~~~ [
Fort Pie.ca, florid~ ~C~J' F~M/ c,~y ~~r:` :
•~~~~..a~f~~ J'
r ~?:~ER ?OITRAS '
CL~RK CIRCUIT COURT ' ~ ' ~
This Instrument P~epared 8y J. D. ChastaiA ~ -.J~ .
Fir:t Federal Savings 3 loan Association o;_~ ~
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of Fort Pierce~ Rlo=ida = ~
; ~~~t~-: =
~ ~ tf 1r '
Checked By • ~ ;
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