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3. To place end tontinuousty keep on the bui'.d~ngt now a hereafte~ ~ituata on said land and on a~l eqv~pm~m snd pe~sonally covered by this mwtg-
sgs, w~th all prem~ums Ihereon pa~d in full, fire insursnce ~n the usuat eraixlard policy lam, in a s~m epproved by 1he MORtG:.GEE, and wind~torm
~nsu?i~ce in ~he usual ~randa~d pol;cy form, in a sum approved by the MORTGAGEE, in such tomp~ny or tanpanies as the MORiGAGEE may
d~rect; and all liro and winduo~m i~wrance poliues on any oi faid bui~d~ngs, a~y inleresl therein or parf thereo(, i~ rl~s agqregate sum afwesaid or
in ~xtsss fhe~eof, shaN coMain the usual stsndard mortgagee clause w such othe? claufe ~s tM Mortpagae may requ~re, making the loss under ~a~d poti~
i~e~, each and every, payable to sa~d A1pRiGAGEE as ~11 interefl may ippcar, and each a~d every such policy ahsll be p~omptly asa gned e~d de~ive~ed ~o
my hetd by seid MORTGAGEE as ~urther security to uid morrgay~ debt, and, not leu ~hsn fen (10? day~ in advance ot ~he a,epira~~on ol each policy, to da
Gver ro said MORiGAGEE a ~enewei ther~ol, toge~her with a receipt fW 1he premium of suth re~~ewal; and thae shall be no fire or windstorm iniurance
placed o~ any of sa~d build~nc~s, any in?crest Ihere~n w pa~l ~hereof, unte~s i~ the form and with ~he lost peyab~e as alo~e~eid; and in the event any sum ~
e~ r?wney becomes payable under such polity or pol~cies sa~d MURiGAGEE ~hall have tha option to receivo and apply the same on accounl of the indebted-
ness tecur~d herpby w?o permit said MORiGAGORS to reteive and uie H p any pa~l IhereoF for otncr pwF~cira. v.~ehout ~h~r,b~ w~~vi~+g or ~mpair ~
\ ing any equity, lirn or right unde~ w by virtus of tf~is mar!gage; artd in 1hr evenl said MORTGAGORS shall fa any reason fail to keep ~he said premises ao g
insured, p~ fail to deliver promptly any of said policies ot insurance Io said MORTGAGEE, w fail promptly to pay lully any pre~n~u~n ~here~or w in any
respect fail to pMfwm, d~uha~ge, execute, effecl, complete, comply wi~h and abida by this covenant, o~ any part htreaf, said MC~R?GAG:E may place and
pay fo~ auch in~wancs or any part the.eof without weiving w atfec~inp a~y option, lien, equ~ty, or nght ur.der a by virtue of th~s Mor~gape, •nd the
f~l! a~nount of e~ch ~nd every such payment shall be immeo~ately due and pay~ble and fhall bear interrst (rom 1he date thereo( untii paid at the rate of
n~re per cenrum pm annum m~d rogether with such inure~t iAatl !x secured by the lie~ o( thi~ mwtgsge.
4. To permit, commFt a suffar no waste, impairment a detariwetion oi said property or any p~rt thercwf.
5. To pay all snd singular the costf, cFe~rges and expenses, includinq a reasonable attaney'~ fee and costs of abstreas of title, incurred or paid at
a~y time by said MORTGAG;E, because a i~ the eve~t of the iailure on the part of ~he aaid MORiGAG02 to duty, promptty and f~ily perform, d~scha~qe.
e.ec~te, etfrt, canpfete, comply w~rh a.+d ab:de by each and every tne at~pulst~ons, sgreements, cond~tions, and covenams of said prom~ssory note and ihi~
mwigage any o~ e~~her, and s~~d costs, charges and expenses, each and every, shall be immediatety due and payable; whether w not shere be notlcr de
mand, aftempt to cotlect w suit pend~ng; and the full amouN of each and every such paymcrtt shatl bear interes~ 1rom ihe dare thereof until paid al ~he
r.,~e o~ nine per camum per a~~nu:n; arw aU said coa~s, charyes and expenses inturred w paid, iogether wnh such interesl, ~hall be securcd by the lien of th~s
mo+tysge. -
6. That (a) in /he event of any breach of this Mortgaga or defautt on the part o( the MORTGAGOR, or (b} en the evenf any of sa:d ~~m~ of money _
herein relcrred t0 '~e not promplly artd fully p~id wilhin thuty (3p) days next atter 1he same severa!ly become dve and payable, without dcmand Or notite,
or (c) in tl+e even~ each and every the stipvlations, sgreemsms, conditions snd covenants o( sa~d promiswry note and th~s mor~gage any or tither ~re not
I..__'J
~u~r. F~+~:~:Fiiy ~~~s ~u::i r=::~::::~~. u: j_~. ~a~_.•ed. es~Y!r! cM+._+~•*.~, comulied with and abided bv, then in e~ther o~ any such event the sa~d ag
gregate aum ment~o~eed in said promissory note then'remaininp unpa~d, with interest sccrued, and atl moneyi secured hereby, shatl become due and pay-
able for~hwith, or ~hereaftcr, at the opr;on of sa~d MORTGAGEf, as f~Ity and complerely a~ iF a!1 of ihe said sums of mon~y were orginslly s~~pulated
to be pa:d on such dcy, any:hing in sa:d prom~ssay ~ote w in this Matgage to the cont~ary notwithstanding; and thereupon or thereafler at the option of
said MORTGAGEE, w~fhout nor~ce or demand, suit at law or in equity, the~efwe or therea(~er begun, may be Fxosecutcd as if •It moneys secured he~eby
x
had maturtd p~~Or 7o ds institet~on.
7. That in the event that at the beginning of or st any time pe~ding any iuit upan ~his Mo~tgage, or to /o~eclose it, or to reform i1, or to enfort~
paymenl oi any claims he~eunder, sa~d MORTGAGEE shal~ apply to the Covrt having junsdic~ion thereof for ~he appo~ntmeM of a Receiver, such Cwrrt shail
fO~thWlfll i(lP01nt d f~t~YG! O% 3e14 7tiV~lyayCV ~XVVCii~ ~.-w -:.-y'v. ~."...'~.:::y :•^^y_1_• •1.~ m„ ~rnf~ta iac.~~a anll • _ I.i.... w{.~~.y.•
so~rce derived, each and every of M,hich, ~t be~n9 expressly understood,,is hereby mortgaged as if speoi~calty ut forth and described in t!k groroing a~d
habendum clau3ea hereof, and svch Qeceiver shall have sfl ~he b~oad and e(fecrive funu~o~s and powe~s i~ anyw'ne emrus~ed by ~ Co~.f to a Receiver, and
s. ch appointme~~t shall be made by such Covrt as an admitt~d eqvity and a matte~ of abaolute right to said MORTGAGEE, snd withoul referencs to 1he
adequacy or inadeq~acy of the val~~ of fhe property mor~gsged or to the sotvency or ~niolvency of sa~d MORlGAGpR w the defendants, and that such F
re~+s, prol~rs, ;nccme, ;ssues and revcnues sball be applied by such Receiver eccwdmg to the lien a squity of said MORTGAGEE and the practice of such
Court.
8. to duly, promprty and fully pe~fwm, dixMrg~, execute, eifect, oomplete, comply with and ~bide by each •nd every the stiputations, agrc~ements,
condrtions a~d co~enanrs ~n sa~d promiuory nore a+~d ih+a mwtyage set fwth.
9. Tl~at in fhe even~ the ownership of the mortgaged premises, a any part thcreof, becomes vested i~ a pe~son other than the MORTGAGOR, the
MORtGAGEE, its successurs and asaigns, may, wi~hou~ nor~ce to the MORTGAOR, deal wiih such successa o~ successw in ~rteres? wi~h refe.ence to this
mo~tgage and the debt hereby aecured in the ;ame mame~ az with Morrgagor without in any way vit;:tinQ p dixharging the Mortgapors' Iiability here-
under w upon the debt hereby secured. IJ5'iile ol ~he premiKS hereby mortgaged ~nd no fwbearsnce on the part of the MORiGAGEE or it~ successon
o~ ess~g~s snd no ea?ension of the time fw the payment of the debt hereby secured given by /he MORTGAGE' or its fuctessws w suigns, shal) operate
to release, d~scharge, mod~ly change w aff~d the original liab~t~ty of the MORTGAGOR herein, either in whole or in part.
10. It is spec~ficatly agreed ~hat time i~ of the esxnce of this co~tract and tMt no waiver of any obtigat~on herevrx~er w of the obli~atio~ sr
cured hereby shali at any time thereatter be held to be a waive~ of the terms hereof w o~ fF?e instrumem se:ur~ herby.
11. In add.tio~ to the fwego'ng monthly payments of princ'pal and interest requirsd by the promfssary no!E sccored Fiereby, mwtgagor covenaro~ j
s~d agrees to pay to mortgegee w,ith each mon~hly payroent an add~~ional s~m est~mated by mortgagee to be equa! to 1; 12 ai ~fie annual cost of the foHow-
~~g: ~
A-All real property taxes kv,ed a asussec; agai~:t the above d~xribed real estate. ~
8-Prem~ums on fke and windzrorm insurance az herein requ~red to be carried on the imp~ovemerns s;tva~e on the above descr~bed premises.
C-Premi~ms on svch mortgage g~aranty ir.sura.te as mortgagee shall from t~me to time deem (it to carry on the lojn secured hereDy.
Mortgagee sfia?S from r~me to t~me norify mortgagor ~o v,~r~tirg of the amount d~e and payable Fxreundrr and s~ch sum shall thereupon be due and
Ferable on the d~e date of the nest monthty payment and each successivt month thereafrer urtii mwtgaqee iha!! nofify mo~tgagw of a change in wch
a~-:ovnt. Such wms sFa!i ~ applied by mortgagee toward the paymtnt of real property taxes, insurance prem:ums, e~id mortgage guaranty insurance
p~em.~ums. _
iN WITNfSS WHERcOf, rhe sa~d MORTGAGOR hss hereuntp~f ha('~ yeu first aforesaid. ~
Signed, Sesled ar.d dclivered in t escr?ce of: ' r t~~ ""~~F~~ ~
„r' ~~/c` _ S7. ~UCtE COUNTY. ~~L~a.~' Q• ~,.~,s~~
xiLness r°~'u RECORO VERIF~EU ~ n cx•n
1~g ~02 ;
~~nesa ~ -'z'- ' •n ~
~ _ ` ' '?0 SEP I6 PM IZ : ' ~n ~
SiATE Of p~AwA~ ~ ~
~ u- C
couHTr oF ~ ~ i~ f20GER POITRQS~
aera~ a.~«,.uy .~.,?~e ~rRKS~RCI~IT GOURT~
.~a
~82'~ E. ~nn ~ his wiie, to me well known and 4nown to me to be
the ~ndw~dwls describrd in and who executed the fwe9ang instrum~rtt, and adenpwledped before me that they executed the ume (or the purpose~
rhe+ei~ e~pressed. And the said K82'V F.. ~AIj
~~fe of the sa~d - ~~.Zf8~ A• ~.!!21 ~pon ~ sep~.ate ~nd priv~t~
e.am;nat:on by me taken separate and apart from her said husband, ~ckraw{eclyed to and before me that she eaecuted said instrumsM frp{y ~nd volurr
rar,Iy and Mr;thout any cpmpulsion, comtrainf, spprchension, or fear of a from her seid h~sb~~d.
....::~::~;ft~j : , .
WITNESS my i+and and offiuel seal this dsy oi :.~Q.~Dl~Y4.-.~-
,~~~K': I.RSl.i.t CG••{/i ? S iflF i f Df~-A..~a~F /Y y~ ~ ~r` -
' Gll-~ /N~ • C."s"'~~':;.j ,,M'!. .
G
"r t~~~~%G Ai c~u E Notsry Pub(ic in •nd for tly` t -"~{Qaw~.c
My Comm~ ion ~x ires: ,~~f`> ' . .
Return To: ~ r / ~ G f ~L~ L` =
First f.der~l Seving~ a loan Aswc7at~o~ ~~y ; ~ ::',V V?~ a W" _
Of Fort V;erce. ""1~ ~ ~ ~ ; G .?k 'N~ } j
" • (7 p~ ; .1.
Fon ~~erca Flerida . .
v y•~b5 .
RECf(VEU d~ • a' ~ " l
IN Pyi~~~il,~.'~vt..
DUESUAtiT Tp ~'C IMTANCfBtE PE~CI~'~•~.~Ij jj~,'~~`.~~'~• ~
HAPTER ?0724, ACfS pf 1a.1. '
This Instrument Prepared By Richard K. Kay~eB RQGFR POI1RAS, Clerk Grcuit COU~t ~
First Federal Savings ~ Loan Association es Agezt iot DANIfI N. KNOWLE
of Fort Pierce , Plorida ~~e ~nty T~ ~'I~ ~ pa
Checked Sy ~ Q
onx187 ~44~ ~ a~+c
. ,
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