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To ptac~ ~nd contMwwusly te~p on t!r bu~!dw+p~ now or !wN(rp ~~twt~ on ~~id la~d ~nd an ait eq~~pn+~m ~nd p~.~on~~~y cov~•ed by Mis maq~
p~, wieA NI pMuumt ~haeon p~~d ,n lull~ li~~ inw.~~.a w~ i!v wwl ~?and.rd po~Ky form, i~ • wm ~pwov.d b~ ~he MORt~aGEE. •=~d w~.+dsfwn.
«aw~nc~ i++ ~M usw) ~~w~dad pobcy lorm, in • wm ~ovd by ~M MOItiCJ1GEE, in such tompany a tompan,~s ss el,e Mp~IGAGEE mar
d~ncrj ~rd dl fin ~rd wi~da+oan i.uw~ polici~s on ~ny ol N,d bwld~npa, ~ny int~~~~~ ~hae~n a p~n the~wi, in IM pp~c9+~e ~um ~1o.~s~d a
M~~tceu 11.N~of. aMll con~~in ~M uawl ~?~ndud monqpN clauq or wcA aMr daus~ u tM l1Awt9a9e~ may ~eqv,r~. m~?~~~p ~h~ Io~~ u~xl~. sud po1i~ t
cis~, tacA ~nd ~vNy. paYaW~ b w~d MqRiGAGEf ~s iH inrNtst maY ~pp~ar. ud rach and evay ~vcb +aoricy ~hall b~ pomptly ~i~ qned ~~.d d~i~vKed ~o
~Ay Mld by w~d 1NORIGAGEf ~s turthN ~ecv~ity to s~id matpp~ deb~, and, ~w1 I~u 1h~n ~rn (101 day~ i~ 1d~~iK• o( ~F,~ fxN~rali011 O~ Mth pO1K~, to dr
I~vM ro ~aid MORIGAGEE a n.+ew~! ~Mrwf, top~~Mr wi?h a r~ce~pt iw th~ p~~enium of ivch .er~cwa~; a~xl ~here thal~ be no l~re o~ w~,Kls~o„~ insv,ancs
p~K~ei on a+~y of Nid bviklinps. a??y interest therein or put tha~of, unl~s~ in ~M fwm ~rb w~~h tM toas payabb a~ •fw~sa~d: ~nd in ths ev~ht ~ny tun+
of mpwy becpnq payable u~dK wd~ policy a polKi~s ssid MORTGAGEE ?hall haw tIb pptiOn t0 ~KC~vr and apply tM same on ~aoun~ of ~f+~ ~~~cleb~ed
~tu wcw~d iw~eby w b pKmi1 s~id MORTGAGORS ro Kteiw snd we it or ~ny part the~eol Iw o~~K•r pur~,osca. .•~,~h~ut ih c: r wa~., ~~.~~wn-
irg any p~~ly, litn or ri9ht vnd~r a bp virtw o1 Ihis mottya~~: ~nd in tM ~vem s~~d MORTGAGORS shall (or any rQaaon iail to krep ~he s~~d premiu~ so
inwred, p tail b d~livN promptly ~ny ol said policies ol insur~nc~ to sa;d MOR~GAGEE, w lait promprly to pay fu~ty any p.e~n~um ~herzla a~n a~y
roipetf (ai) b pNfpin, diuharps, ~xeturs, effecl, complNe, comply wilh and abids by this cownaN, w•ny parl harwt, sa~d AM"~RiGAGEE m~y pi~ce a~~d
paY (a i~,ch inw~anc~ a~ny put 1lweof witAout wsivirq or aff~cti~y ~ny option. IiN+. pu~ty, a righ~ u~der w by vi~~w of ~his Mat9aqa. and +he
fuft anwvnt of cach ~ad eVfry fuch p~yment s1u11 bt im»cdeat~ly dw ~nd pyabls ~nd shall bear internt from IM dN~ Ihereol uotil pa~d at tM r~1~ ol
n~ne per tentum pM annum ~~+d toycther wi+h ~uch inreres~ shall bs secured by tM lise~ of tl+~i mwtya~e.
To pKmit, comnut or wffK no wast~, imp~irment a deteriwation o( said prope~ty w~ny part tlxreof. "
S. To al! snd la? th~ costs, cM u+d ex sea, i~cludi S
WY sb+p~ ?ges pert np a tea~onable attaney's fee and co~ts of sbstracts of title, incurred w pa~d at
any tim~ by said 1NORIGAGEE, btca~ns or in tht even~ of th~ falwe on the part of ~M isid MORTGAGOR to duty, promptly and (ully pe~iorm, d~scharqe.
execuro. effed, compk~t. tomply w~th ~nd eb;de by ~ath a~d every fhe ~tipubtrons, s~reen,enq. co~ditions. and tove~ants of sa~d prom~~so?y note ar,d thh
ma~~ape ~nY o~ e~~her. and ~a~d costs, tMr~ and expe~?ses, exA snd every, slwtl b~ immedi~tely dve and payable: whe~her w not thcre be no~~ce da
mand, ~ttempt ta rniiect or wit pending: ~nd the full a++a~rM of each ~~d wr.y such paymeM shall bear interesl Irom 1hs date th~reol until paid a1 the
ra~e of ntne pe~ centum ~~nnum; and dl aaid costs, cMryes and expeascs incurred o~ paid, ~ogether w~th auch intereit, shsll be setured by tAe I~e~ of thu
'^a~p+y~•
6. Tha1 tn the event of ~ny breath of lhis Mortya~e or defatrll on ~he part of the MORTGaGOR, o~ (b) i~ the event a~y o( sa;d svms of mone~
hcre+n r~fe~red ro be not promptiy ~nd tvlly paid w;~hin thirty (?0) days nex~ ~fter the same ss~r. a11y bccome due and payabte, witlwut demend or ootKe.
o~ (cj in ths ever?t tacA ~nd every th~ :t;pularions, agreemenrs, cwwliriau a~d covenaMS of sa:d p~omiuory note and 1h~s rnortQa9e any o~ either ere no1
~vly, prompHy snd fully perfwmed, d~scl?ir~cd, executed, effected, completed, conipfed with and abided by, then in eithcr or any such event tho said aQ
gregat~ wT mentid~sd in said promissory note then remaininp vnpa~d, with interesl xcrued. and all moneya secured hcreby. thall become due and pay-
able fwthw~th, a TIlltNffN, at tM option oi said MORTGAGEE, tully and completely as il all of the said sums of mon•y were or~g~naily st~pu:ated
to be pa~d o~ such day, a~ything in said prom~uwy note or in this Mort9aQe ro the contrary notwithuanding; and thereupon w fhereafte~ at the optio~ ot
seid MORTGAGEf, wirhovt notice a demand, suif at taw a in eqviry, thereiwe a thereaftcr begun, may be ptosetuted aa ii ill moneys secured hereby
nad matured pna to ~b irutitution.
7. That i~ the eve~t that at the begiming of or at ~ny time pendi~g any suit upon this Mwtgage, d to fo~edou it, or to refotm it, or to enforp
p~syment ol ~ny ctaims herevnder. ssid INOR~GAGEE sM!! apply to /F~e Court having jurisd~ttio~ fhereol for the appoinlment af a Receiver, s~ch Court shafl
Forthwith appoint a receive~ of ssid maty~ged p~oQerty all and singular, ir?clud~ng all and si~gul~r the inconx, prol.ts, issues and revenves irom whatever
source derived, each and every of which, it hein0 ~xpreuly undeestood, is hereby mo.tgaged as iF speu~icaity xt /orth and dcu~ibed in the qran?ing a~d
habendum clauses hereof, ~r~d such Receiver shati Mve all tM bro~d and eifeu~ve f~nct~ons and powers in anywiu erorusted by a Cou~t to a Recriver, and
such +ppoinrmero shalt be made by wch Cowt ai an admitted eqvity snd a rryt~er of absolut~ right to said MORTGAGEE, and without reference to tAe
edequacy or i~adeqvacy of th~ value of the p+ope?fy mortpigrd or to the sotventy or insotvency of said MORTGAGOR or the defe.+da~ts, and that ~uch
rems, profiri, intort~e, iuues snd rtvenu~s shall b~ applied by such Receiver accord~ng to the lien a equity of said MGRiGAGEE and tht practice oi such
Court.
8. To duly, promptly.and fvlly ptrform, dischary~, exetute, effect, compkte, comply with ~nd abide by each and.every the.stipulations, agreements,
conditans a~d covenants in sa,d promissory rwte and this mortgage set fwlh. .
9. That in the event the ownenhip of the mortgsyed premises, a any peH tFKreof, becomes vested in • person other than the MORTGAGOR, the
MORTGAGEE, its successors and auigns, may, witlwut norice to tht MORiGAOR, dea! with svch tucceud u successo? in inferest with reference to thi~
R:or~gage and the debt hereby secwed in the same manner ~s wi~h Morigsga w~tiwut in any way vitiatirg a d~xharging the Mo+~gagors' liabil~ty herr '
~nde? w upon the debt hereby secured. No sale of ~he premises hereby mwtgaged and oo forbearance on fhe part o( the h{ORTGAGEE a its successors
~ or assigns and no exrension of fhe time for_ the paymem of the debt hereby secured give~ by the MORTGAGE° or its successon or au~gns, shall operate
to retease, dixharge, rnodify chi~ge or affM the ori9inal liab~l~ty of the MORTGAGOR herein, ei~har in whok w in part.
10. !t is specifKally agreed that time is oi the easencr of this co~tr~ct and tMt no waiver of any obliqae~on hereunder or of the obfigation se-
cvred hereby shal! af anjr lima thqsaher be Aeld fo be a wsiJer of the terms ~eraot p of the inttruinent aetured herby.
i 1. In addeio~ to the fwego:ng monthly paymeMS of princ'pal and interest required by t!x promissa~y nore sewred hereby, mortgagor tovenants
and agrees to pay to mortyagee with eath monthly payrnMt aq add;~ional sym est~mared 6y mortgagee :o be equal to 1,~ 12 of the annual cost of the foilow-
f~g: _ ,
A-AI! rea! property taxes levied or assessed ~gainst the sbore desvi~ real estate.
B-Prem~ums on fi?e and windstwm insurance as herein requ;red lo bt carried on the improveme~ri s~tuate on the above dascribed premises.
C-Premiums on such mwtgage gua~anty insur~nce as mortgagee shall from t;me to rime deem fit to tarry on the ioan secured hereby.
Mwtgsget shail from timp to time notify mortgagor in writing of the amount due and payable fxreunder and such sum shaii thereupo~ be due a.-~d
Fayable on the due date of the next monthty payment and each successive month tFKreafter ur,til mortgagee shall notify mortgagw of a change in such
amounG Such sums sF.atl be appleed by mortgagee toward the payment of real p~operty taxes, insurante prem:ums, and mortgage gwranty inwrance
p~emiums. . .
IN WITI~tESS WHEREOf, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid.
Sgned, led and livered i~ the peseerce of: fILE~ Ak
sL ~UCIE COUMTY FLEA, a~
' ROCEa ~piTqAS . ~s~an
CLERK ClRCUl7 COuRT ~,q
RECORD VERIFIED
~ Seaq
TATE OF FLORIDA ~ ~ jO ~'T
sr. wcie ~ ~ ~ ~ ,~,i ~
couNtY oF ~
e~ra~ ~ p...~n,, ~~,.~a L~wi: R. ~a~y .~d
R==11Cls C. ~li~gy his wi{e, to rrce well known and known to me to 6e
fha ~ndw~dwts described in ~nd who e:ecuted the fweyoinp ;nstrum~nr, and acJcnon,kdyed befwe ms that they executed rhe same !a the pwposes
rhtrein t~essed. And ths sa' ~ i~1C! s C? ~~i9~Y
,~•;fe of ti~ s~;d uwls R• Hil~1ljl -
upon + fepar~te ar+d pinat~
e~amination by me t~ken sep~rate and apart from he~ sa;d husband, Kicnowled~ed to ~{o,e me that ihe exec~ted said i~erume~t fr~e(y ~nd volu~r
:arily ~nd w~thout a~y compvtsion, tonatraim, ~pprehens~ , or fea~ of or from her aaid husband.
WITNESS my hand and otficial seal thil day of `j~ y A. D. 19 71
- No?~ry Publit in and fw ths Statt of florida at Lar~e
Return To: ,,,~M~~N~fM~~~~~ ~ Comm~sswn lxpirts:
i;rst faderd Savinys a Loan Aasociat;on ~~~a ~i ~~i sTA?E OF FIORIDA ~~(~F
` (Z~•.. ~ ~IY COMMISSION EXPIRES SEPT.
Of Fwt P:erce. . • • • RF
~ti. , V6, ; ~OED tHRU FR~D w, ~ES1EtHOttS1
fon Pierce, Fio~ida . ~ ~ ~ ~ ~ =
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: `r ; E'"-St.7- ;,~'.~.t ~ ,
This Instrument Prepared By J06~1 Nls % y :~fiy~~ti ~
First federal Savings b loan Associetion , s~ f~~;~`.~
' of Fort Pierce ~ Flosida , ` `
~1/ ~_:~S -
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0,0 nt~NN~Nr- '
Checked By Ul.. _ ° ~ . .
' `-j: . .
ao~i89 ~1245
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