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3. To p:x~ ~ad ca+s.r,~w.,+hr ~wP on sM bw~..y~ ~w~w a iwHiNr Wwb ow ?~~d 1w~d Md on ~N equip'.w~at ~n0 p«w~+N1~ cownd btr Mb ~wert~
Mw rv~N~ dl p.M*+w~a rhe~wn ~rd w~ I.rl1, 1~ M»wwn~ .n NM vw.i ~«~s.+d ~o+K~ 1a~ M~ •?ww ~o.ed by ~M MW~(,wGfE. ~~.d wMdNw+s
+~wawcM in N~e vw+l ~~~nd..A po~t~ ian~, rn ~ w+~ ~Pwor+A b~ Na A110R1GI?GIE. in wch conw+~r a~o^+W~?~N a MORiGA6EE ww~
A++c4 r+~ ~11 t«~ ~.~d vr~daw.w. ~naw~nd vo~.cw~ on- ~n~ ol ~ bw~ any ln~W tA«w~ a p~ ~I+~.wl, ~n dw aq~..paa sww •1«~wid a
M~aaws N~e.~ol. aMil con~an ~M ww1 sN..d«d e~aqa~ c1.u~e a wd~ alw s~ww N N~ MaropN n+.~y ~pv+~. ^+~?rn0 ~M ws~ w~da a.~ poli~
cwa. .ach .nd •w.r. Wr~D~ w wd ~NORIGAGEE ~h Ma..N ~.r .p~.+r. «d .sch .od •w+r .~c1~ ~a,c~ .~+.t~ e. P.v~Wir p+~ed .~d d.uw..d a
.n~ h.~d br a~6 MOR~G~GtE ~i (wehM ~~nn~tq to w~d map~ deW. ~nd. ~W hw tMn Nn l~0) d~~n in ad~~~+ca ol ~M •.px~~pn ol u~c1~ po1K~. M dr- i
I~vM ~e w,d MpRTW?GEt • r~new~1 ~ha~ol. rop~~hM with a nc~ipt fa ~M pr~n+~ww o1 wch ra~sw~l; M.d ~F~e ~MG b~ oo f~ a w~.~dua~w Fnawar~c~ !
p~~ad on a+~r o1 wd b~,~,layc. any inta~~u Nre~n a parl tM.wl, vnl~ in tl~ Iwm ~nd witA th~ lou p~yaWe ~fo.~u~d: ~nd in Nr ~v~.H My ~w~+ ~
o~ waMy b~c~om~~ wrab~ w+da wch pol~cy a polRi~s wd N10RiGAGEf ~lull Mw th~ ap~an a~~cs~w ~nd •pply ~M wnw on ~ccoun~ o~ ~M ind~b~.d~
~a Ncw~d M~tbp a b permit N~d NWRiGA('~ORS 1o rK~iw ~nd ~rN it or s~~ paf tl~erso) fo~ ahr~ +,u~+;osrs. w~+lwtir ~h-.. u~ wa~~~ o~ ~mpau-
inQ ~nY ~Wnb, ii~n a~ght w~da « b~r vi.tw of ~ha ~eQ+~: and in tlw ~wM u~d MOR~W?GORS shaii fa ~ny reason (~i) ro ke~p ~M s~~d p.~mises w
iniwad, w lail b deliva pomplly My ol ~ad polKi~s O) iMwMt~ b s~id MORIGAGEE, w f~il promplly to {a+y (ully ~~y pre~n~v~++ ther~to~ p in ~ny ~
r~~p~ct f~il q pMfwen, dnehuye. ~a~cut~. efl~ct, compl~t~. cpr~ply wiM and abid~ by fhts cow~aM. w~n~ pu1 hKwf, ia~d N?ORTGAGEE m~y plap and ~
par ~a wd~ irnw.nc~ w any pan th~.wf w~~hou~ w~ivi~q w~ff~ctinp My OPtKfk. (Iff~, fQYMy, w ~cyM undN a by victw o4 eh~s Ma~9+p~, ~~d IM
full ~mo~n1 oi tecA and trtiry wch p~ymMt shall b~ imnwdiat~ty dw ard p~yabN a~d ~Aall b~ar intaesl from tl+~ daq Ihereof umil pad ~1 tM ~~N ol
n~M pK c~newn pw ~nnum ~nd ~ope~hcr wi+A wch in~~r~s~ ~MN 6a eecu~ed by thi IiM of fhis mwr9p~. .
To pKmit, comnit or wifM ~o was~~. impa'rmen~ a d~teriwation of s~id propKh p~ny put thereof.
5. To p+y all uid iinpvlar ?h~ costs, clwrpes a~d ~xp~ns~a, ~ncludirq a~eason~ble attorn~y i iM and coits of abs~r~cti of titt~, incwred a p~id ~r
~~Y b11 ~+~d MORIGAGEE, bec+us~ w in tM ~wnt of rM failur~ on rh~ put oi tM said MORTGAGOR w duly, promptly ~nd futly pe~fam, d~xMrp~,
axecub. ef(et1. compls~~. comply w~th and ~b;de by ~acA a~xl every tM ilipula?wna, p~e~rt~enri. condi~ioro, ~nd cov~nann o1 sa~d promiiwry no~~ u,~1 ~hn
mwpp~ any or ei~her. ~nd sad cos~s. cM.9es and expemes, e~ch and ~ve~y. shall b~ 'anmed~a~ety due ~nd payablr, whe~Mi o? ra~ ~hae b~ nor~u dr s
man~ +tte.++p~ to colkd a w;t pa~d~nps +nd ~M full anwunl of each end every wch payrrKet sMll bea~ i~teres~ from fh~ da1~ thereo) un~it paid ~t ~he
rat~
oq~ pe~ centum pr~ amwm; and e11 said costs, ciwyt~ ~nd expenset incwr~d a paid, 1op~ther w~th s~ch int~reit, sMli be wu~ed by the li~n of thif i
6. That (a) in the went of any brexh oi tbis Mortgap~ w defa~l~ on ~he part of the MORIGAGOR, a{b) in tM ave.~t ~ny ol sa~d swns of mo+ry ~
hcrein c~ferred lo be no~ p~oR:ptly ~nd fully paid wi~hin thirty (30) days ne,n afte? the same sewr~tly become due +nd payabk. wi~hout d~mand a no~ice. ~
e? W in the ewn~ each ~nd eve~y ~he stipulations, ~greem~nts, cond~rions a~d cownaati of sa;d promissory note and th;s matpape ae~y w e~ther a~e nw
iuly, p.ompHy and fully p~.fwm~d, d~uMr~ed, eaecut~d, f~fK1ld, compteted, compl~d with and ab~ded Sy, ~F~ in e~~her a ~ny such ~v~nt tM a~id a¢
gregate wm mentioned in said promiaso~y npte then remai~inp unpe~d. with iMen~t atuwd. ~nd aU moneys setvred herebY. ~hall betortN dw ~nd pay~ i
abfe fwthwirb, w thersalte~, af the option of ssid MORTGAGEE, a~ fulty ~nd comple~ely ~t ii all of the said wms of money were wi9inslly st~pul~ted
~o be p++d on such day. anythinp un sa~d promissory note w in ~his lYlort9a9e ro tM contrary notwi~hiqnding: snd ~hcreupon or thereafter at fM oplion of j
ssid MORiGAGEE, w~thow notice a dem~ncl, wit at law or i~ eqv;ty, the~~(a~ a thereafrer beyun„ may be prosecwed u if all maKys sawrd ha~eby ~
had matvred pn« 1o its insdtvtion.
7. Thsf i~ the event thaf at the begin~inp of or at any fims pending se~y wit upoe~ ~his MortgaQe, or to foreclos~ it, w to refwm it, a w enfo.p
payment of any Naims here~nde~,.s~id IY{pRTGAGEE shsif apply ro the Covrr havinp jenisd;ctio~ ~heieof (o~ Ihe eppamment of ~ Receive~, such to~rt sl?~II
Fwthwith ~ppo~nl a receiver of said mwtyayed p?o~ty all and sirqvlu, includm9 all and singvlu tM income, p~ofits, is~ues and revenws from whatev~r
source derived. e~ch ~nd every of which, it beinp expressty unde.stood, is hereby margaged as it apecificaNy set fwrh ~~d dtwibed in the ~~anting and
habsrd~~n clivses heieof. and such Receiver shall Mve all the bosd and effective fvrx~wm and powers in anywise e~trusted by ~ Court to a Receiver, and
wch sppointment shaU be made by wch Cowt ~s u~ ~dmitted cauity and a m+tter of absoluie ri~ht to said MORTGAGEE, and witiwut refcrence to fhs
adequacy w inadequacy of she value of the property mwr~yed or to the so?ve~cy or i~solvency of said MORTGAGpR w the defendants, and tMt such
re+,rs, profits, incwne, iss~xs and reve~ues ihall be applied by s~ch Receive~ sccordinp to the lien or ~qvity of s~id MORTGAGEE and the prattiu of s~ch
CouA.
8. To duly. pomptly and fvlh perto?m, dixltitr9s, ezecute. effect, cor~plete, cnmplY with arw! abide by tach u~d e,rsry the sti~vlations, ag.eemeets,
conditwm and coveoants :n sa~d promissory not~ and this mortpsgt set fwth.
9. That in tiie event the ownenh~p of the aw?tgaged prem;ses, w any p~rt tt~eof, betom~a vested in a penon other than the MORTGAGOR, tM
MORTGAGEE, in succcssors ~nd aui9ns, m~y, wirhout ratice ro the MORil',/IOR, deat with such wccessor or suuesw~ in irtterpt wirh refe,ence to this
mortQaye ~nd the debt hereby secured in the s~me manner u wi~h Nbrtgagw withow in any war vitiatiny a discharyirg the Mwt4a9on' liabiliy herr
under or upon the debt hereby secured. No sale ctf the prrmiaes hercby mortgaged and no fwbcarance o~ the pan oi the 1NWBTGAGEE or ih successon
or ~ug~a and no e,ctens:on of the time fw the paymenf of the deb! hertby secured piven by the MORTGAGE'_ or its succeuori or au;9ns, ,1y11 operat~
ro rekase. d~utw~9e, modify change o~ sffect the original liability of the MORiGAGOR herein, either in whole w in put,
10_ It is spec~fically agreed that time is of the euence of this contract and th~t ro waiver of any obl~gatan he~evnder w of the oblip~tion se-
cvred hereby sMll +t any timr thereafter be hetd w be ~ wafver of the terrr~ Ae~eol a of the instrumen~ secured herby.
11. t~ add~rion ro the faega:ny monfhlY paymrnts of princ'pal and interest required by the promiuory ~ore secured herebY. mortgagor cavenants
and agrees to pay to mo:tqagee with tach monthly payment an add~tion~l sum estimated by mortgagee to be equal to 1/ 12 of the annual cost of the follow-
ing:
A-A1t real property taxes kvied or assessed against the abov+e desaibed real estate.
B-Prem~u~ns on t~re and windstwm inwrance as herein requ~red to be urried on the improvemenri sitvate on Ihe above desaibcd premiaes.
C-Prem~ums on such mortgage gwranty ins~rar~ce as mortgagee shal{ from Y~me to time dcem fit 1o carry on Ihe loan secured he~eby.
Mortgagee shal! from time to time notify mo.tgagor in writing of the amount due a~d payabk he~eunder and such sum shall therevpon be d~s and
payable on the due dare of tbe next monthly payment and each successive month thereafter u~til mortgagee shall not;fy mwtgagor of a change in such
amount. $uch sums sF.all tx applied by mortgagee toward the psyment c+f real property tazes, inwrante prem:ums, a~id mortgsge gwranfy iruurance
p~emiums. .
IN WI ESS WHE OF, it~e id GAG~ F~x~ ~~~~d se~~ ihe day and year fint aforesaid.
~ a~llClE COUNTY. FLA. ~
uF_r0~?b VERIFIEO ~ ' tg1.! K..q
' 1~SZ.)0 • ~
. i
'Tn SEP ! 0 AM I!: 4 I ' ~~'n
STATE Of RORIDA ~~C ~
courmr oF ~ L~~ E~n ~E ~r OITRAS
e.f«~ ~„~,a~.~n ,~..ea ~ER~~bTs~AURT~ ~
~~@ i'• C~~ ' his wife, to me well known and know~ to me to b~ [
rhe individwb described in and who executed tM forepoiny instr ~cknowledped b~fon me thit thsy execvted the ~xr~e !~o? ~ purposes #
therein exp.essed. Md /t~he- w' T,011~89 T.. - ' ~ _ :
wif! Of NN W id y~u~ ~ • ~ ~ • - ~~j . ~ ' . • ~ - - q. .MIl~ pfir~b i
examinst~on by me qken xparate and +part hom her a~id t~usband,_~t}raW{ecl~ed to ~rd befwe m~ fhst she sx : '
r~and voiur?~ i
rarily and w~tho~t ~ny compulsion, constraint, appre wn, w fea of or from l+sr ssid husband.
WtTNE55 my hand and ofiici~t s~sl th~ day of `~~~1~T • ~•~.Q~`19 70
~ • ~ n : cf~ ;
3,.~
t~ ~.d
t, = ~ : } -
Nofary Vublic in ~nd p ~ ^ -
F
My ~qhT1fS10I1 l~fsf{. i ~ i •
RlfVt11 TO: - ~ = ~ • ~i.~
First Fed~ral Sav&gs i Los~ /4iociation • •
Of Fwt P~erca ~ ~ _ ~ •
~2e.'r
Fort Pierce, Florida ' , ii~ :
y~9 t~ l ;
~-,S~y/1f1/H~{H~~~~,, ' S~ {
y
This Instrument Prepared By R1Chard 1~~ l~gy~eg .
First Fede~al Savings d~ loan Association
of Fort Pierc~ ~p~d,g
Check ~ R ps PAGE~~~ ~
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