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To pl~ Md con~im?o~nhr AMp on tFa buitd~nps now a hNNItN w1wN on ~aid =~nd ~nd on ~11 cquip.+em ~nd p~r~w,~tly cover~d by ~hi~ mpp~ ~
q~. witA ~II pM~wna Uwwn p~~d irs full, lu~ in~w~~c~ K tlw uwal ua~da~d policy lam, in • wm ~pwoved by ~h~ MOR~GAGEE. ~nd winds~am
Muw~ i~ fM wual ~und+rd pol~cy lan4 in ~ wm W1KOwd by tM MOR1(3AGfE. In wcA comp~ny w tompamet .~f tM MORiGAGEE ina~
dw~t ~nd dl Ik~ ~nd w~ntb~am in~w+~a PaK~ o^ ~^y ~ild~~~, ilfy 1Rt~~~ft IF1N11~1 Of p~rt :herwl, in ~M pqrep~~~ wm ~Ia~saW o~
in ~acMf Nw~wl. sMll conuin tl» uwal ~~~ndKd mor~~pN ciws~ a wch alw~ dauN ~s ~M Mor~ppe~ may ~~q~K~. m~\;op ~M Io~~ vnd~. ?.~d po1F i
ci~s. Nch ~ed wKy. p+wb1~ a a~d MORtGAGEE a~~s in~ere~t ~y ~pp~a. uid ~+sA ~nd ~v~y ~uch poi~cy ~MII b~ p~omptly ~~s qned a~d d~tiv~red ~o ~
~ny h~ld by s~id MORTGAGEE ~s 1w~M~ fecwit~r ~o s~id ~na~p+y~ d~b~, ~nd. ~W I~u tM~ ~~n (101 days In ~drenc~ oi the ~~pir~~ion ol e~ch policy. ~o dr
livK lo ~aid MOR~GAGEE • rNrwd thKtd. IopNha with • reteipl fp the pr~mium o1 svth r~naw~l; ~nd ~her• ~hall be no f~~s or wir~di~a~n in~ur~nc~
plaad on ~ryr of Nid bV1ldi~~, NIY ~YIINMI NMf~i11 O~ p+~t tl~~ol, w+l~a in d+~ fwm and with tM lo~+ p~y~ble a~ •lor~wid; ~nd i~ ti,~ •v~nt a~~ swn
of mon.r b.conw~ parabl. wwia wch policlr w po~KU+ wid MORiGAGEE ~MII Mw ~M optwn to recaivo •nd +pply tM same on ~ccoun~ ol th~ indeb~ed~
n~~~ ~ecw~d Mt~ w b pKmit ~aid INORTGAGORS lo ~KNw snd uN il p~rty parl Ihe~aof la otiKr pu~{>usrt. wi~ho~t th~r~u~ wawr~g o~ ~mpan-
h,y .nr .~,~ry, li~n or rqhl w~ or by virtw of thls rnorspa~; ~nd in tM ~vM~ N~d MORiGAGORS fA+ll ta ~~y r~awn fail ro Aeep ~M s~id p.emi~es'w
In~w~d. w(~il b d~livK p~ar~{?tly w?y of Nid POIKiN Of iniwanc~ ro t~~d MORTGAGEE. a fail promplly to pay fully •ny premwm. Iherefo~ w i~ ~n1r
r~spea f~il b p~.f«~n, ~xMry~, ~:etut~, ~ff~ct, tompl~N, comply wi~h ~nd ~bid~ by this cownant, a any part lwrwt, sa~d MORiGAGfE m~y p1~ +~+d
paY fpr s,xh inw~M+c~ p any put tM~eof without waivi~p a~f(ecfHq u+y oplio~. lin?. pvity. w~iph~ vndK or by virtw ol ~his Mor~yaq~, ~nd ~ht
full amowN of Nth ~nd w~ty wcA P+Yme~?t ahall b~ imn~diately dw and payabl~ ~nd sMll bieu inte~es~ from ~M d~t~ ~he~eo( ~ntil pa~d N ~M r~q ol
n~n~ p~r c~ntvm p~r arwwm a~d toqetha with ~uth i~Mr~s~ ~hatl be iecured by tM lis~ of th~s mort9aye.
4. To pKmit, carwr~lt a wfi~r oo wa~N. M++p~irment w deterior~tio~ of uid propNtp w~ny pu~ th~reoi.
S. To pay all ~nd sk+p~lar tM cwH. ch+rpN and ~aP~^uti i~cludinp a reasonabl~ alto?ney's fes and costs ol ~batrsctt o1 tiHe. incurred a paid al
•ny tim~ b~r said MORTGAGfE. b~cws~ or i~ tM ~vent oi tM f~ilwe on ~h~ p+r~ o( ~M said MORTGAGOR ~o duly. promp~ly ~nd fully pe~fam, d~xMrq~,
cxecw~, ~ffact, eompbt~, comply w~th and ~bld~ bp ~ach ~nd ~veryr t!?e st~pul~~~ons, preements, cond~tiau. ~~+d cov~nanrs ot taid promissory note snd thi~
mortya~ ~ny p~ither. and iaid coits, cMr9es and ~:p~r?set. each ~nd ~very. iMll b~ immediately dve ~nd payable: whether w nof ~here be norKe ds
r,und. ane~npt to colMct a wH p~~d~npt +nd tM full anaw~t of each ~nd everY such paymen~ sMll bea. i~~ere~~ fran IM daN thereof u.~?il p~id N tM
ra~r of nine p~r cNUUm per ~n~wm; u+d s~~d tos~s. ti?upes +nd exExnses incwr~d a~ paid, ~ope~hee w~th such in~er~st, shall b~ secur~d by ~hs litn o1 thq
^~wt9ape•
b. TtNt (a) In tM ~w++~ of My breach of this Mor~9a~ w detaut~ a? ths part o( the MORTGAGOR, a(b) in the event any of said swns of money
heroi~ nferr~d to b~ not promptly ard fully paid within Ihirty (30) days ~ext •(ter the same sever~lly become due ~nd p~yabb. withoul demsnd M notice.
o. (cj i~ tM eva~t er.ch and tvery the stipulations apr~nts, cond~tions a~d cov~~anq of ~a~d promiswry no~e snd ~h~s mo~tyafle ~ny w s:ther aro~nd
iuly. promptly u+d fully pNfo~m~d. d~scMr~ed. ~x~cutd, ~ffectcd. completad, compl~ed wi~h ~ad ~b~ded by. tMn in e~the? or ~oy such ~v~m tF» s+~d ag
pregaN wm m~ntiaMd in .Nid pom~swry not~ tMn r~mai~i~y u~p~id. with i~terost atcruad. and atl mor~eyi setured hercby. thall becwne due ~r+d pay-
able fwtAwith, a thet~afh~, ~t th~ opt~on of s~id MORTGAGEE, at fully and compl~telY +s i1 all of ~he said sums ot money were o~~yinall~ st~pvi~ted
ro be paid on svch day. anythinp i~? sa~d promiuwy not~ w in thia Mwtyaye to the conu~ry no~wi~hs~sndiny: and ~herevpon a theredte~ ~t tl~s opriw? of
seid MORTGAGEE, without notic~ w dert~and, wit at 1aw a in pvity, there(ore or lhcreafter begun, may be p?osecuted as if ~II rtaneys secured her~by
had marwed p~wr lo its institution. • ~
7, 1Mt in the avent tM! N tM beginninp of a at ~ny tim~ per+ding ~ny su~t upo~ this Mo.tpage, o. ro forectos. i~, a ro reto.m it, a to en(oru ~
payment of sny d~ims herevnde?. s~id MORTGAGEE sMll apply to the Cou?1 h+vir?9 jurisd~ction thereof fw ~he appo~ntrtKnt of a Receiver. such Court shall
FwtAwith appoint a roctiver of said mottpaged proQerfy ~II ~nd sinpul+r, includ~np all and singuJu tM irxome, p~olits, iasuei and revenues (rom whatever :
sourn derived. each and ~very of whith. ir beinp ~~epressly undersrood. is hereby mortgaged at if spec~fically iet forth and described in ~he yram~ng and i
habend~Mn d~uses hereol, ud such Receivt~ shall Mve all tM brwd a~d ef(Ktive funcnons and powers in anywix entrusted by a Covrt to • Receiva, ~nd ' ;
s~ch appointr~nt shall be ma~e by suth Cowt es a~ admitted equity and ~ ma~rer of absolure rpM ~o sa7d MORTGAGEE, ~nd wi~hou~ rete.e.~ce ro ~Ae ~
adequacy w in~dequacy of tM wkr~ of il+e properly mafya9ed w ro ~he sotver+cY a~niolvency of said MORTGAGOR « the defendanu, and tha~ such ~
rents, profits, income, issues aad revenus~ ihall be applied by such Receive~ Kcording to ~he lien or equity o( said N10RTGAGEE and the practiu of sucM
Courf.
8. To duly, p?omptly and fully pNfwm, d~xharqe, execute, effect, complete, comply w~eh ~nd abid~ by each and every the stipulations, agreements,
condirior+s and coven+nn u+ sud ptomiuory nots and ~h;s mortyag~ set fatF~.
9. That in the event tM ownership of the mortyped p~emis~s, or any part thereof, becomes vested in • p~rwe? otF~e+ fhan the MORTGAGOR, ths
MORTGAGEE, ib succeuws u~d ~ssipns, may, wi~ha~ ~otice to the MORTGAOR, deal with svch succrssor or ivccessor in interesf with reference to this !
mortgpe and the debt hereby secwed in the sama ma+ner as with Nbrtgsgor withovt in any way vitisting o? dixharging the Mortyagors' li~bility herr ~
under or ~pon the debt hereby secured. No ssle of ~he premises hereby mwtgaged and ra forbesrance on the part of ~he MORTGAGEE or its successo~s
or suigni and no exee~san of the timt for the p+yment of the debt here6y secured 9iven~ by the MORTGAGE' or its successors w ass~gns, shall opaate ,
to release, d~schary~, mod~fy ch+npe or ~ffect the oriy~nal liab~l~ty of ~he N10RTGAGOR herein, either in whole a in part.
10. M is speuPKatty agreed that time is of the euence of this contrad and thal no waiver of any obii9at~on hereunder w of the oblig+tion sr
cured hereby shall at soy time thereafter be held to be ~ waivd of the terms hereof w of the instrument secured herby.
11. in add~tia~ to the fwego:ng monthty payments of princ pal and imerest required by the prom~ssory ~o!e sec~red hereby, mwtgago~ covenaMs
and agrees to pay to mortyagee with each monthly paymem an add~~ional sum estimated by mortgagee ro be equal to 1/ 12 of the annual cost of the folbw-
ing:
A-All real property taxes kvied w assessed agai~st fhe above drwibed real estata ~
B-Prrm~ums on fire and windstorm iruurance as herein requ~red to be carried on the improvemerus sltuate on the above described premises.
C-Premiums on such mortgage gua:anfy insursnce as mo+tgsgee shall from time to time derm fit to carry on the loa~ secured hereby.
Nlortg~gee shall from time to time notify mo.tgago~ in writing of the am«,m due and payable hereunder and such sum shall thereupon be due and
~ayaWe on the due date of the neat monthly payment and exh successive monfh thereaftcv untit mongsgee shall notify mortgagor of a change in wch
amount. Such wms sha11 be applied by mortgagee toward the payment of real property taxes, insura prem:ums, and mortgage puar~nry inwnnce
prelr.iumS.
f IN WITNESS W REOF, the id lNORTGAGOR hss hereunto set his hand ~nd seal the u+d first . 4
~ ; sg,~a, s.. ~y, ~f: ~NC a~c y y '
~ . f lE0 fE~~A. _ q ~
; i{,~NC~E CO T Jo J. ordon
ROCEa PD~~s c
CoRO
vEp~F~EO ~ n `
% REC era Gordon ,5.,~ `
STATE OF FLORIDA 1 V
couNrr oF Lt;.c i e ~
2t~2319
~~e ~ ~~~~Y John J. ~ordon
V~I'a M. Gordon h~ w~r~, to me well krawn andiknown to me to bs
rhe ir~ridwb described in and wFa executed ttie fore9oinp i~utrumem, ~nd acknowiedped before me that they e:ecvtq~};~_sei~i;jor the pwposes
rhereie ~upressed Md tM said vE'Z'fl ri. Gordon =`=::j'--~~'~r•'1i
w,r~~ ~ ~~a John .J ~or n . _ ' .~a a~~,u
exam~natan by me taken sepu~te a~d apart from her uid husband, ~tkiwv+ledped ro and before m~ that sF~e ex ~~r~~~~i~j~~ ?~~,.~nd volur~
~ tarily and without any compvlsion, tonstraint, ~ppre or feu of w from sband. j:~!~~+^'~'~+i,•y fy' r,.
.
t- ~ .il~/~ ~:!f~';:
~ w~rH~ss ~.~a .~a ~~,i ~..i ~ a,y of ~ c embe ~ • + .~~g~
~ ki ~ • : x~~.~d~, ;
~ • -
~ Noury Public in u+d fq ~ id~ ~ '
~ My Commissiw~ ~xpirp"s, ~ .
~ Retum Ta
`~n
~ Fwa F.de..~ s.viny. a~o«~ A..«;~tion Mfl , ~ c..
01 Fort P;erce.
fwt Pieiu. Florida ~~~~;~?1~~~~r+•`'
~ - ~ 4 - a~'- 7i
This Instrument Prepared By J. L. Vh9 ~ t~ in ~
First Federo! Savings b loan Association
of Fort Pierae lori de
~'i
~ Checked By ~ , •
~
~
~ ~ ~ ' ' 1 ,
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