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3. To plan and contimio~ily knp on tM buildinp~ now a h~r~ahe~ ~itu~q on said I~~d ~nd on all pvipm:n~ ~nd p~nonally cov~rtd by thi~ mat~
+p~, with ~il pneniwn~ tF?H~a+ paid in (ull, ('u~ iaswu+c~ in th~ ~iwl sandard policy form, in a sum approvtd by tM MORTGAGEE. and windstwm
Guwann in tM viwl ~~~nda.d pol~cy (a~n, tn ~ wm approv~d by tM MORTGAGEE. In ~uch tompany w compani~s sf ~M MORTGAGEE m~y
dintlf ~nd all fin ~nd wi~torm fn~wanp polici~s on ~ny of 1~1d blllWi110S. My G11~(HI fI1NtI11 01 Pi/i iFlfflOf, I~I fhf ~jr~y~t~ yym ~ip~Mid M .
M~xau th~no/, sMll conHin tM uswl st~ndud mortp~pN cl~u~ w tuch o~1+N clau~ u tM MatpapN may reqv~~~. makinp th~ lou vnda sa~d po1F
ciN, ~sch ~ed ~vay. payabk b aid MORTGAGEE .s in in~.r••~ may app.ar,.•nd .ach aod ~very ~~ch policy shdl b~ p.omptly ~u:y++~d u+d d~livered ~o
~ny Mld by s~id MORTGAGEE a fwthN secu.ity to said mortpay~ debt. and, not It~s tMn t~n l10) days in advanc~ 01 th~ ~xpiration of eath polity, to dr
11vea ro uid MORTGAC~EE ~ ren~w~l tMrwf, ~op~tiw~ with a rec~tp? fa tM pr~miwn of svch re~walj and tF».~ shall M no f~~~ o. wind~twm inwranc~
pbad on ~n? of sakl build~ys. ~ny ieta~st tlw~~in or p+?t tlwr~ot, uokss in th~ fwm ~e+d wi~h th~ los~ pay~bb as ~fw~safd~ and in th~ ~wnt any swn
of ma»y becoen~s payabl~ ~rr~ wch poliey a policiss said MORTGAGEE ~hall Mw tM option to r~ceive u+d ~ppty 1M sarn~ on accounl of tM i~bted~
nKS wcvr~d Mr~by o~ b permit ~aid MORTGAGORS to nuiw ~nd us~ tt a any put thereof for other pu~poses, wi~hovt thereb~ wai~i~~g Or unpiir-
i^C +^Y ~~h?. ~iee w ripht w~dK or by vWw of this morty+p~t and in tM ~wnt aid MORTWIGORS shall fw ~ny r~ason i kNp th~ ~aW pn+nise~ w
inwrad, w fdl b ddiv~. pomptly u~y of uid polities of insw~nt~ w said MORTGAGEE, o~ fail promptly to pay full emium therefa w in ~ny
r~ap~tt fail b pNfwm, disthNy~, ~xatvts, ~fi~ct, complet~, comply with a~d abidr by this cownant, w~y put htr~o~t NtORTGAGEE m~y plat~ +nd •
paY (w such inw~anc~ w~ny put tM.wf without waivinp ot ~H~ttinp a~y opfion, li~n, p~ity. or ri~ht undt~ w of. this Mortp~, a~d 1!N
fvll amount ot ~acA and ~wry svd+ p~ym~nt shall b~ inwnedi~taly dw +nd p~yabl~ and sFull beu intere~t ham t~ eof u~~il paid at tM rate ol
nine ps~ ctntum pN annum and topether with wch Interest sh~ll bs sec~rd by th~ li~n of this mortp+pe. Q~ ~ti
4. To pKmlt, eomedt or wifK no wast~, LI?piifrtllnf W dflHlOf~flOf1 Of NIfI pfOpQfty Of M1y ~1if1 ~ g
5. To pay all and akpular th~ coats, cMr~~s u~d expN?~e~. inctudin~ • re~sw~+ble ~ttan~y'~ f ~_~1r G r' id at
any tirrn by said MORTGAGEE, b~caust a in tl+~ ~v~nt of the failw~ on tM p+rt of ~M taid MORT fiT'
f7tKYf~~ ~ff~ct, compl~t~, comply w~th ~nd ~bide by ~+ch a~d every tM iti~wl~tion~, ayre~rnents, ~nd thii
mu~yap~ ~ny o~ ~ithe~. ~nd sa~d costa, ch~ryes ~nd ~xpsnses, each and evecy, ihall b~ iminediat he b ~otiu ds
m~nd, attempt to colkcl w wit pa~d~np; x?d tM full amo~nt of ~ach ~nd wery svch psym~nt s unHl paid at th~
rate of nine per ccntum per a~wwm; and all said awts, chupes and eapenus irianred w p~id, ~ h ~r by th~ lien of thu
mort9ap~• 'tO `t1.
6. TA~t in the ewnf of any Me~ch of this Mortys~e w def~ult on Nr p+n of ~~~~~~(W~ t of •it~d wms of rtwe~ey
hertin refe?red ro be not promptly ~nd fully paid wifhin Ihirry (30) days nsxt afte. tM a6~M~out demand or norice,
or ie the event each ard ewry IM ttipulatiau, agrMments, conditions and cov~n+nn o fa~ r te tqape ~ny w eitMr are nol
ivty, p?omptty ~nd fulty pKiwmed, discM~ged, execvted, ~ffected, compkted, compli~d with dl+er sny iuch ewnt tM uid ag
pre9sM wm mentioned- in said promis~ory rate tAen r~maininp onpiid, with lnterest accrued, ed hereby. sh~ll beeorM dw ~nd pip
abk forthwith, a thtreafta. ~t tFw optan of said MORTGAGEE, as fully and completely as if wms of moMy were orpin~lly tGpulated
to be pald on such dsy, snythfnp in sa~d pranisswy not~ or in thh Mort~sye to ths cont.ary notw~ qndi and there~mon a thereafta ~t th~ opt~on of
said MORTGAGEE, witho~t notia a dem~n~ wit at I~w or in p~rity, ther~Fon a thereafm bsg~~, b~ pro~ec~ted u if all moneys acured hereby
had m~fvred p?wt to ift iMtitutiOn. , . . ,
7. Tlwt in tM event that ~t th~ beyinninp of or at a~y t~me peodirg any wit upon this N~ort~ape, or ro faaclw. it, or to retam it, or to enfwa
paymer?t of ~ny claims hereuoder. ~id MORTGAGEE shsl~ apply ro th~ Court haviny jurisdictio~ thereoi fw the ~ppointm~++t of a Receiver, such Caxt shall
fathwith appoint a nteivK of said mat~d properry all and iugular. indud~ng all ~nd sinpul~r tFw income, profib, issws and ~~venues irom what~ve?
sovrce derived. exh and every of whKh, it beinp ~xpreuly understood. is hereby mortgaged as if spec~fiully set fwth and 1lewibed in tha 9~~ntinp and
habendum cla~aes hereof, u~d wch Receiver ahall haw ~U tF?e boad and effective funct~or?s and powers in ~nywise enuvsted by ~ Covrt to a Receiver, and
such appointment sha11 be made by wch Court u an admitted equitp and a mittar of absolute r~ht to said MORTGAGEE, u~d without roference ro the
adeq~racy w• insdeqvacy of the wlw of the property mortyaped or to the }olvency a insolvency of said MORTGAGOR a the defendants, and ~hat wch
renn, protits, income, iss~?es and revenues ~+sll be ~pplied by such Receiver accordirg to th~ lien w eqvity of said JIAORTGAGEE ~nd the practice of such
Cax~ •
S. To duy; promptly ~nd fuly puform, discharye, exea,tt, effect, oo.rpkte, comply with ar~d ab~ds b~r eacfi ~nd ~wry tlw stipubtions, agreemann,
conditions and cov~nts in said pwmiuory note and tha mort~sge set forth.
9. That in the event the ownenhip of the mwt9a~ed premises. or any part thereof, becornes wsted in • person otMr than the 1NORTGAGOR, tl» .
ARORTGAGEE, iq wccesson ~nd auigns, may, witFavt norice 1o the MORTGAOR, deal with such wccessw a waessor in iMerest with rcierence to this
mwtyaye and tl+~ debt herebp secwed in ths san» marr~er as with Abrtyagw without in sny way vitiatirg or dischar~iny the Mortgayas' Ilability hera-
under or upon the debl hereby secured. No s~le of 1hs premixs hereby mortgagad and no fo?be+rsnoe on th! part of ths MORTGAGEE w its s~a~sson
w assgns ..nd. no eatensan of the time for the payment of ths debt he?eby secwed qiven by the 1NORTGAGEf o~ its ~uccessors or assiyns, shall opaat~
ro rel~ase, dacMrpe, ~nodifp chang~ or affect tM original Gability of the MiORiGAGOR hereu+, eNhsr in whde o~ in put.
10. It is ~pedfically ag~sed tMt time is of tM esknce of tha contract uid thst ~w w~iver of any oblipation hereunde? or of tl+~ obliy~tion sa-
cwed htreby ahall at any time thereahar be held to be a waiver of the te~ms hereof a of the instrumem secured herby.
1 l. In add~tion to tht forego:ng monthly payments of p?int ps! and interest required by the ptomissory nore secured hereby, mortgagor covenants
and agrees ro pay to mortgagee with each monthly payment ~n sddi~ionsl sum estimated by mortgagee to be equal to 1/12 of the annual cost of the fdlow-
ing:
~ A-All real property taxd~ kvied w assessed against the above deuribed resl estate. ' '
B-Premiums on fire and windstwm inswanoe as hNein requaed to be urried on the improvements situate on fhe above described premises.
C=Premiums on wch mortgage gwranty inswsnce as. mortgayee shall f~am time to time deem fH to ca?ry m the loan secured hereby.
Mwtgagee shall from time to time notify mortgagor in writirg of the amount due ~nd p~yable hereunder and such wm shall thereupon be due and
~ payable on 1he dve date of the ne:t monthly payment and exh succeuive month thercafier until mortgagee shall notify mwtgagor of a change in such
amount. Such wms shall be applied by mortgagee toward the psyment of real propesty taxes, insvrance prem:ums, a~d mortgaye gwranty inturanoe
I P~em~ums- .
~ IN WITNESS WHEREOF, the Ya' JNORTGAGOR hss herevnto set his hand and seal the day and y ' t aforesaid. '
i • seakd th~ esence of: f~0 AMO RE
{ - - ~ i~. RO4ER~11 0
~ CI~ERt CIRC111~~ ~ q
~EC~o vEa~FiEO _ ~ n
,
! nTe oF Fwaiow ~ ~Z ~IT ~.~•''~;~s, 3%''-,'{.
~y , s.-
couNnr oF st . Lucie ~ ss' 2Q V I a~ - - ~t ~ ; .
defon me perso~tly appesred y U~ j= ~
~a4narie~Q~ ha wife, to me well Ib~iMf" `
thc individwb described in and who e:ecuted the fwepoirg Gutrument, and adcrawkdged befwe me that t ' :
hey ~xecuted'
~I . J `
f~!!fli0 lllPftftld. /~fld f~1t fi ~`1- i
wife of ths wid JOSef WOehl
exsminstion by me tsken separate and apart from her said husband, adcnowledped to and before me that she exacuted said ' ,~fiOhxt
rarily and withovt u~y compulsion, constraint, apprehension, o~r of or from her said Iwtbsnd. '>i`' r~'• -
WITNE55 my h+nd and official teal thit day of A. p. i9- 7~ -
M .
~ ~
~ - No1~ry P K in ~nd fw the Stste of Fbrida ~t lup~
~ My Cortunissan expirea:
Return Ta
fint Pederal Savings 3 loan Associatan s:!~7ARY PU~LIC, aT~~ OF RORIDA IfTw ~
Of Fort P~erce. ~.•Y COMMI~SION EXPlt2ES NUY. 29~ 1fTj,
FW! Pit~CC. Florida •~•~~tD I~~ROUGM FRED N~. D~EST[LMOJti•
~
This Instrument Prepared By James D. Chastain -
First Federal Savings b Loan Association w ~~p?1~ ~°F
• of Fort Pierce ~ Flo=ida DOCUMENTA°" STAMP T-A .
s~ 0 R ~ _ Morirro ,
~h~~ BY 188 PAGE 4.~~ _ ~ ~ s~~o o~
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