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Te pl~ce ~nd ca~ti~waiNy ?Np on th~ bui!~ frOW Or I~MN}tM MAHN 011 NW (M1d W1 ~It puipmMr ~nd patona~ty covK~d by Mb nart~ ~
vriN~ di ps.neuny rM~~on p~~d ~n full, fir~ inw.~nu ~w ~M ~wal ~t~ndard poi~ty fam, b~~wn ppowd by ~h~ MORtOAGEE. ~nd wu~d~tarn
ywrM.c~ 1n Nr uwsl ~r~~d~.d po~•<y lan` M+ ~~wn ~ppowd by tM JNORTGAGEE. M wch comp~ey o~ ca+?p+e~ a th~ Nt(~tTW1(ffE ~r
dh+eq ~nd all iih ~nd winiM~am in~wanp paiuN on a~y ol ~.id puiW~npt, anr h~~ro.~s~ ~1w.~ln w pa~ thtrwl, in ~M ypre~N swn ~faNald a
1n ~tsM Nwrwf. ~Iwll cont~in th~ ww0 N«~dard ~na~9~~ elwt~ or wth o1hN dww a IM Matpp~~ mar rp~u~, ~kinp IM 1~ ue~d~ sWd po14
c:~s. ~acA «~d e+n.r. wr•b~. ~o s.~d MORiGAGEE a~n +n~.s~ ~n.r ~FP~+~. and .xh .nd .w.y wcA PaKr s~?.u t,: ~o~,~~y •u 9~wd .•+d d.ow..d w
eny MW oy s~id MORIGAGEE ss fwMar ~tcwity to said mortpap~ d~bt. u+d, no1 Nu ~l~ae? Nn (101 days in adv~nc~ of iM •ap'a~tqn of Ncl~ poliey. lo dr t
liwr b s~id MORTGIIGEE a r~new~l ~h~rpf. 1op~~F~ witA • rsc~ipl for tIK pr~miwn oi wch r~xwal; ~nd ~F~t sMll b~ no (a~ a v.indstam insuru~c~ `
plaad on wryr of sud b„ild~nqs, ~~y intei~st 1htr~~n or pWt th~nof, ~nku In tl» ior.n a~d with ~h~ bss pay~bh ai afw~~aidt and in ~M ~wM ~ny sww :
o! e~y becon~et p+r~ ~n+d~r wd+ policy a polici~s said MORTGAGEE sMll haw tM optan w ~eceiw ~nd ~pply tM s+rr~ on ~ccarm of tM ind~b~ed~ ~
n~s wcwsd lw~bp a a perm~t ~aid MqRTGAGORS ro r~ceiw u~d ua h a~y pa~t ~herirof la otixr purposes. w~ihoue ihr.EO~ wa~~~~.Q a~mpair• ;
inp ~ny pwty. li~e~ w rcpht uv+dN or by v'arw of this mortppe: M+d in tM ~vM~ a~~d MORTGI?GORS shall fw any rtaw~ fail ro kNp ~M said prKnisn w
insw~d, o~ 1~i1 b deliver prw~lly srryl 01 ~aid polities o! inswance to Mid MORiGAGEE, w fail promptN lo paY fully any premium Ihe~~}p or in ~n~
?~sp~ct f~il b pwforn~, d~uh~.qe, fXKYf~, ~tf~cl, compte~~. comply wiM and abid~ by tlds cwe~ant, w~ny put hN~of, ~aid IMURiGAGEE may plac~ and
paY fa wd~ insurai~ct w ~ny part tMr~of without w~iviap a~ftMi~p aey op~ion, li~n, equHy. a ri~h~ vnde~ w by virtw of this Mor~9ap~. Md tM
full a~nwint of ~acA arid ev~y such paymsn~ ~hal) b~ im~ned'ut~y dw aed p~yabN and sAaN be~r iaterest from t!w da?e thawf ~??rll piid ~t th~ at~ ol
n~nt pt~ aw+t~m per ~nwm ~nd topelher with such interest sM1I be secvred by th~ G~n of this mat9apt. ~
f. To pamit, ao~nrnit or suifK ~o waste, impairmcnt w detKiw~tion of sa;d propKty w any p~rt thHeef.
S. To pay all and sinpulM tl» cous, ch~rpes ~+d ~xpaa~~, inci~rdirg a reawnabls attorney's (ee and cou~ of ~bstracts of t~tl~. inc~rred o~ paid at
any tim~ by said MORiGAGEE, Mca~+se or i~? tM ~vent of tM (ailum on tM pa~t of tM said MORiGAGOR ro duly, prompHy and fuly pKform, d~scharq~ ?
execut~ ~ffsa, compl~r~ comply w;th and ab:de by each ~nd eve~y rhe s~i~wlatbnt, a9~eements, tonditions, ~nd cov~nanb of s~id promisaory not~ and thu
+naqap~ any or N~her. ~~d sa~d costs, char~a and ~xpeiws. each ~nd every. sMll b~ immadiatsly due and p~yable: whethe~ or rwt the.~ bt nwice d~
ma~d, ~nempt ro<ollacr or wit p~nd~np; and t!r /ull ~mo~r?t of each ~nd every such paymeen sMll bea~ interest frpn tM day thereof umil paid N tht
rato of nine per tMtum per s~uwm; ~~d all said costs, cMrQes a~d expenses incvrnd w paid, fopethsr w~th such intereit, shall b~ sacured by tiw lien of fhif
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b. That (a) ie~ tM ~vent of_~ny brsach of this Morrgay~ or defavtt on th~ paA of ths MORTGAGOR, or (b) in the evenl any of u~d swns of mon~y ~
herein referred to be ~wt promp~'y ~nd (ully p~id within Ihirty (30) days neat after the same severally becarns due snd payable. withoW demand o~ tatics,
or in the event each and evNy the stipulatioe~s, agreeen~nts, conditions ai+d covan~nn oF sa~d promiuo.y .nofe and th;a mortQape any w either ~n nol
iuly, promptly u+d fuliy pe~fonr~td, d~xMrpeil. ~~ecuted, ~ffeded, complet~d, car~?lied with and •abided by. thM in eith~r w any iuch ~vtnt tFK s~id ag
g.egat~ wm menrio~ed in said promissory note ther? rema~ning unpaid, wit6 inte~~s~ acuued, and all moneys secvred hereby. shstl become dw and pay-
able fwrAwi~h, w rhereahe~, ,r rM oprion of sa+'d MORIGAGEE, u fully ~nd comple~ey as if ~II of ~he said wms of money were wiginally sNpul~ted ~
to be pa:d on such day, anything in sa~d promiuory note or in this Matpaye to the contrary notwiths~andinp: snd thereupon a thereafter ~t tFw op~ion of ~
u~d MORTGAC~EE, wnhout noYKe w dem~nd, wit at law or in eq~ity, ihereFors or fhereafta beflun, may be proeecuted u if all mo~eys aacw~d hereby ~
had mafured prwr to iK irqlitulion. -
7. Tha~ ~n the event that at the beginn;n~ of or ~t any t~ms pandinp any.wit upon this Mwtgage, o? to foreclose it, w to refwm it, a ro enfo?p"
payment of a~y claims hcreunder, s~id MORTCaAGEE aMU appiy to the CauA h~v'ag jurisdiction thereo} for the appoinrment of a Receiver, such Court s1?~Il
FatAwitb appoiM a receive~ of said mwtg~qed pro~rty all snd sugvla?, intlvd~og all and iing~lu ths irxome, proFits, iuues and r~venues irom whatever
sovrce detived, eath ~nd ev~ry of whith, it being ~xprcssly underslood. is Mteby mortg+ged as if spetifitalfy se1 (pth ~nd dewibed in the yranti~g snd
habendum cfavses hereof, and suth Receever sha!! Mve aG 1he bosd ~nd effective f~nctions and powers in anywiu entruared by a Court to a Receiver, and ;
wch appointmeM shall be made by wch Covrt u sn admitted eqvity snd a m~tte~ of abdoluts riyht to said MORTGAGEE, and witlaut reference to fhe ~
adeqvacy w inadequacy of the v~lue of the property mwt9aged or to tl+~ wtverxy w inwlvency of uid MORiGAGOR or tF+e tkfendants, and that such
renn, profin, income, iuues and revenues shall b~ applied by such Receiver accwdinq to tf~e lien w equiry of uid MOQTGAGEE and the pradice of such . ~
Court.
8. To duFy, prompNy and fufly perform, dixharge, exscute, effect, compkte, comply with ~nd abid~ by each ar~d every ths stipulatioru, syreemer~fs, :
cw~d;t7oro and covenanrs in sa~d promiuory oote and tlus mwtgage set fortb. ' - ~
9. That in tl~e event the ownenhip of tF~e mortgaqed premises, a~ny part thereof, becornes vested in a peno~ othe~ than the MORTGAGOR, the :
MORTGAGEE, its succeuors and assigns, rr?~y, without notice to the MORTGAOR, deal with such uxceuoi a iucceuw in interest with reEerenca to this (
mortyaye and rhe debt FKreby sccured in the ssme manner as with Mortgago~ without in ~ny way vitiating ot diuMrying the Mwtp~gors' liability herr
under a upon ehe debt hereby secured. No sate of the premises hereby mortgaged and oo fwbearence on the part of the MORTGAGEE or in wccesson ~
o. asaiges and no exeension oi the time fw rhe payment of the debr F+ereby secwed yiven by Ihe NIORTGAGE' w its successon o` assigm, sh~ll operaq
to rek+se. disch~rge, modify cMnpe or affect tF?e oripie~l liability of the N10RTGAGOR hcrem, eithe? in whole or in p~rt.
10. It is specifically ag~eed th~t time is of the essence of thn contract and th+t no waiver of s~r oblig~t~on hereunder o? of the oblipat'an ~e-
cvred heeeby sM11 at any tnne therea,f~er be hetd ro be a wa+ver of the temu hereof or of the inttrwnent secv.ed haby.
tt_ In add~tion to the forego:og manthly paymenh of princ~pal and interes~ requ~red by tfis pram~ssory rate secured hereby, mortgagor covsnar~ts
and agrees to pay to mortgager with each monthly payment ao add~~ional sum estimated by mwtgsgee to be equal to 1/12 of the annual cost of the folbw=
ing:
A-A!I real property taxes tevied or assessed against the above desc~ibed rea! estata.
8-Premiums on fire and windstwm insurar.ce as herein reqv~red to be carried on th~ improveme.~ts situate on the above desuibed premises.
C-Premiums on wth mort~age gwranty Fnsuranoe ss mortgagee shat! from time ro time deem fit to cstry o~ the bat? secured hereby,
Mwtgac~ee shali from time to time notify mortgagor i~ writing of the amount due and payibte herevndcr ~nd such ium shsll the.eupw~ be due and
payabk on the due dase of the next monthly payment and eac?? successive moMh thereafter ur.til mortgagee sh~ll notify morfgagor of • change in uxh
amount. Such sums shai! be appiied by mortgagee toward the payment of real property ta:es, imura prem:ums, and mortgage gvaranfy insurance
p~erni~irns.
IN WITNESS RfOf t sa;d MORTGAGOR has hereunto s~t his hand and se~) the day u~f' st ~foress' ~
i- ~ s~ ~i: F11.~D AND'~RECORE~0~1 - ~ .
ST. LUCIE COUNTY, FLA." ' ~ ~ `
R~COR(3 V~RIFIED ~ #
' , - 19lS~
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STATE OF FtORIDA '~0 SEP I W'1 IO ~ `
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couNnr oF =--~L~.-~~?s~e ~0 TR- 5 c - c•• ' s' ~
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sefwe me persw?slly appeared ~,A
i ;sJ,_''~ ~
1 ~ his wife, to me well knovah ~;1~40~~,~ ' b~1 ~
rhe indvidwb ~escribed in and who executed the forepoirg inatnwoent, and ~du~owtedyed before me thet tMy execurad tEy~Qin~;~'~?~
J : ; ~
r?k.ain .xp.eued. Md rt,. u~d Pa t t i e J. Kan e
w~r. ot +h. ~~d blichae~ B. Kane " ~ ~ ~ ~`~ars E
~`~+tin~~m~~
e~amination by me take~ separate and apart from her said husband, scknow#ed~ed to and be4we m~ thaf she exccuted ssid irqaun~F._ Mtd volun.
rarily and w~thout uiy compu{sion, constraint, ~pprehension, or fear of or from f~er s~id iwsband. k~ ;
WIINESS my hand ~~d officisl seal th:a ~/'r~ day oi ~ u5 A. O. 19~Q
i _
Notsry Pvt" in ~?b fa th~ Stat~ of florida ~t larp~
My Comm~ssiot+ t~pires:
Rcturn Ta ;7 r;;_:;::. $T; ic Gr fl.ulii3A AT tAYCE
Firu Faderal Savings 6 loan Astociet~on ~.~Y C:u:~;iril~5lGN EXPIRE.S NOV. 29~ 1971
Of Fwt P~¢rC!- ~ONDEO INROUtiM ~RQO YI~~ nIFltTLIMOR~•
Fort Pierce. Flwida / / r ~ ~ ~ ~
This lnstrument Prepared By James D. Chastain
First Federal Savi~gs E~ loan Association
• of Fart Pierc~ Florida
Checked By
guo~ ~ou PaCE2152
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