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J. Te pl~c~ and contin~ously \Mp on ~!K bu~!dn~p~ now a M~NIiN w~wN on ~aid tand ~ed o~ •It eq~~p,~,~ a.d pwson~?1~ cc+~~d by thi~ mo~?~
p~. w~fA ~N prtm.vm~ fhe~~on pad ~n lull, fu~ in~w~nce ~n Nw wu~! .t•~d po~K~ IpT, in • fum ~ywo.ed b~ ~M N10Ril"iACiEE. ?~•d w~~dtlam
~~ww~nc+ in ~M wu~l ~u~rd po~ay la.v~ fn • wm e~ov~d b~ ~M MORIGIIGEE. la wch company a comi~n:e~ ai ~M MORIGAGfE nyy
d~ncp ~nd all (i.~ ~nd w.ex~ta~ mw~~nc~ po1K»s on sny o~ ~~d awW~~p~ ~n~ i,u~.~:t tl»r~~n or p~~~ ~~ereo~, in ~M +py~<9•t~ ~wn ~Iwew~d a
~n ~sc~ ~M.~ol. ~MII can+•in ~1» ~wa1 s~a~x!«d ma~9pN c~wN a~vch al+« cl~v~ ~i tM Ma~q~y~s may reyu,.~. m~?~nq ~M ~o~~ w.da a•+d po1i~
c~s. each and ~very. parab4 a wid MORiGAGEE as ~n ~n~~.e~~ ~y app~a~. ~nd ~aci~ and ~vay such po;Ky ~h~ll b~ prpnptl~ ~u 9,~ed a~+d de~~v~.~d ~o
a~y h~W b~ ea+d A10RIGAGEE as lunh~r secw~ty ~o N~d mo.tpay~ d~b~, ~nt1, no~ I~s~ ~han ~e~ U01 day~ in adw~xc ol tM •apa~~:on of oach po1Ky. ~o dr
IivK ro u~d MORIGAGE~ • re~ewal the~w(. Iaq~~hN wi~l~ ~ rec~ipt fa rl~e prNmum ol sutA ~enewal; and ~he~• s1ui1 M~w I,r• o~ wu.J~~o~m in?urrnc~
plat~d on ~ny of ~aid buildinps, ~ny i~~tar~~t tl+aew+ w p~rt the~~ol. unl~~s fn tM 1am a?~d w~~h ~M lo» pay~bl~ at afaes~Kl: aod in tF.~ ev~n1 ~ey swn
of mon~y bc~cum~s pay~bl~ ~nda such policy a po1KNS t~i.f 1NORiGAGEE ~MII Mw ~M op~w~ ~o .ece~ve •~x! apply ~M sa~,N o~ accoun~ of ~M i.,d~b~ed~
Mf~ afCWld IytN1y p b~Ti1 f~id MORTGAGORS t0 fKtiW ~fK~ YN Il p Ony pul 111tiEp~ 1b Othe? ~.urF~OSrt. ~v~ttr~~f f1~ ~•a qI w.7rv~ ~j a;~ ~~>~~u~- -
~np an~ pv~hr, G~n a.ghi vndei o~ by virlw ot this mortpyej a~d 'w? ~FN ~vero ~a;d MORTGAGORS sAall tw any rea?on tail to keep ~M sa~d p..m~se. .o
inwred. p fa{I b delive~ promptly any Of said ~+olK~ea ol inwranc~ b s~id MDRIGAGEE. a lail promptly 10 {>ay futly any pien~~um thcrela a in ~nY
reaptct fail /o ptr(wm, d~xhar~. fkKUfl, •(f~ct, compleN, comply w;ih u~d ~bid~ by fl+is core~+an1, a~~y pa~~ herwf, sa~d MORiGAGEE m~y pl~c~
paY fa auch Inau~a~c~ a~ny part ~haeo( w~da~1 w~Ivinp a ~ff~ctinp anY op~ron, l~n. pu~ry. or ?qh~ uoder a by virtw ol ?his Mo.~yay~, ~nd ~hs
lull amoun~ of eacA ~nd ~vtry wcA paym~+~ shall b~ iarnsdi.rely dw and p~y~bk ~~d sM~l ~ea. in~eres~ from rh~ dar~ ~F?e.eoE uroil pwid ai ~h. rs~s o1
n,n~ p~r centum pN snn~m and toQether with suth iMe~e~l shall b~ secured by tt» li~n of th~s matpspe.
1. To pKmi?. commit a suf(er ~o wa~te. impairmeet a dHeraration of safd prope~ty w~ny parl thereof.
S. To pay all and sinpula th~ costs, cAsr9es ~nd •xpenks, includirq • ~easonable ~ttaney i fee ~nd coats oI abshacrs of title. ~ncu.red o~ paid a~
~oy tim~ by ~a~d MORTGAGfE, bec~~u a in the eveot of fM iailure on tik p~rt of tht taid MORiGAGOR to duly, promptly and ivlty perlam, d~uhary~.
execute, ~Ifect, tomplN~, comply w,~h ~nd ~b:ds by ~xh and every the itip~lat~ons, a~~eemeny, conditions, and rnvenanrs o~ ss~d promiaso~y note and this
maegape any w~itF~. and ia;d costs, charqes •nd expenks. each ~nd ~very. shdl b~ immedutely due end payabfe; whe~he. w not there be ~once ds
mend, attempe fo co!!ec! p wif Fwd~rg: ~ tl~ fvtl artwunt of each and wery such paymeM shall bea• intereat from ~he data fhereof v~til p~id at Ihe
rare o~ nine per ce~tum pe~ arn~um; and all said costs, charyes and expr~ses incwred a paid, toge~hcr weh such inieres~, shall b~ secured by the I~en of thi~
mortpa~.
6. Ti+at in tke even? of uiy brexh of thi~ JNortype w defavlt on the psrt o( the MORiGAGOR, or (b) in the eveM any ot said iums of money
he~ein reFe~red to bs not prompNy ~nd fully paid within Ih~rty (90) days neat ~her tt~e same vevcrally becwne due and payabls. wi~hout demand or no~ice.
er in ihe evem exh and ~w?y ~h~ stipulations, agreemeNS, conditions and corenanh o1 sa~d promiswry no~e and th~s mo~rp~ye sny a either ar¢' not
iuly, promptly and futly perfamsd. d+scAaryed, executed. ~ffect~d. completed. compl~ed w~th ~nd ab~ded by, the~ in e~~her or any such eve~t the ia~d ag
fl~~M svm m~Mqned in ssid promissory npte then ranaini~g unpaid, with interest acuued, and alI moneys secured hertby, shall becwne due and pay-
able torthwith, a ehereaftc~, at the opteo~ of ssid MORTGAGEE, u~ully ~rd completely as il all of ihe sa~d sums oi mo~ey wcre orginally stiputaled
ro be Wid on such day, anythir+p in sa;d prom~uory nole or in this lNortyaye to the contrary notwiths~anding; and ~hereupon a thereaftN a~ ~ha opi~on of
sa~d MORTGAGEE, without no~ice w demand, sui~ at taw a in equity, thcre/ae w the~eatter beqvn, may be proxcWed as ii ~11 nwneys secured hereby
r+ad matured prror to ~b irnt~tutwn.
7. iMt in ~M eveN tM~ ~t the begin?~;np of w at sny time pendiny ~ny wit upon thi~ Nbrtgage, or to ~weclose it, w to reform it, or to enforcY .
Fsyment ot any claims hereuode•, said MpRTGAGEE sMtt appfy ro the Court 6aving jurisdiction rhereof (or rAe appointment of a Receircr, such Court sha1)
forrhwith appwnt a?eceiver oF said mortyaged property all ~nd sinpular, includ~ng a~l and s~ngular tha income, profds, issues and revenuzs irom whatever
sou~ce dr?ived. exh and every of which, it beirg expre»ly undastood, is hereby moregsged as if spec~fKally set fwth and desuibed in the gra~tir~g and
habendvn clauses hereof, and such Receivd sMll hav~ all tFie broad and effec~ire funct~oni and powers in snywise entrvstcd by a Cour~ to a Receiver, and
i~ch appoi~tme~~ shall be made by such Cowt as an admitted equity and a r.»tter of absolute righf to said MORTGAGEE, and wi~hout reierence ~o the
adequuy a inadequacy of tF~e valw oi the property mwtpigsd or to the wivency w~nsolvency of ssid MORTGAGOR a ~he detendanrs, and rhaf such i
rrms, profin, income, iu~es snd revenues sMll be ~pl~sd by such Receiver ~ccord~ng to the lien or equity ot said MORiGAGEE a:id the practice o( such ~
CcuA. • -
8. To dufy, promptly and fuily perform, ~sc}~arge, execute, effQq, cemplete. comply with ~nd abide by cach and every the stipuia?ions, agreements, ~
conditions and covenants in said promissory note a~d this mutgage set fath.
V. That in fhe event the owrxvship of the mo?tgayed premises. w any pnt thereof, becomes vestsd in a ptrson other than fhe MORTGAGOR, the
N10RTGAGEE, its successors and assi9ns. may. wi~hout rw~;ce to the MORTG/10R, deal with such svccessa or successor ;n ;nterest w~th reterence ro this
ma tgagr and the debt hereby secur~ in the iame manMr ~s w:th Mortgagor without in eny way viliafing q d~xharging the Mortgagori' liability here-
unde~ o~ upon the debt hcreby srcured_ No sale of fhe prem~ses hereby pw~tgaged and ne ferbeara~ce o~ the part of the.MORTGAGEE o~ its successors
or assgns a~d no extens~on of the time for the payment of the debt hereby secured given by tha MORTGAGEf o? its avcceuors a assigns, siuil operate
ro re~ease, d~xMrge, mod~fy change a affect the original Ii~oiGty of the MORTGAGOR herein, eitlxr in whok w in part. ~
10. It is spec~ficaUy ag.eed that. time is of the esxnce of this contract and that no waiver of any obligat~on hereunder w of the obligation sr
cured hereby shatl at any rime thercafter be hetd to be a w~irer of the terms hereof a of the insrrwnent secured herby.
11. In add;tio~ to the forego:og monthty pa~-ments of princ'pa! and inteaest required by tl?~ promiswry no!e sewred hereby, mortgagor. covenams
and agrees ro pay to mortgagee with each mo~thly payment a~ addirionai sum esti-nated by mortgagee to be equal to 1;'12 ai the annual cost of the iolbv~r-
ing: .
A-Alt real property taxes kvied or assessed againsf the above desc~ibtd rcaf estate.
B-Prem.~ums oa fire and windstorm inswar.ce as he:ein requ~ted ro be carried on t4we improvema,~ts citwte on the above dexribed premises.
C-P:emiums on such mongage guaranty ir.surar.ce aa mortgagee sha11 from time to time deem fit to carry on the ban secured hereby_
Mwtgagee shail from time to tirrk notif~r_mongagor Gn writiog of the amount due aod payable hercuoder and such sum shall thereupon be due and
cayaWe o~ the due date of the next monfhly payment and each auccessive month thereafter ur.tit mortgagee shall notify mortgagor of a change in wch
a^:ount $uch sums s6a:I ~ aaplied by mwtgagee toward the paymenf of real property taxes, insunrxe prem;ums, a~id mortgage guanoty insuronce
p~tmiums. , ~ ~ ~
N WITNFSS J1+HEREOf, the said MORTGAGOR has hereunto set his hand and seal the day and year first ~foresaid.
' ned, Sealed and livered in tfie p~esente of:
FItEO ANO RECOROE ~~..~Q`' ~
ST. lUClE COUMTY FL~ •
• ' ROCEA PO{TRAS • ,q
CIERK CIRCUtT COU~T ~n
_ RECORD VERIFIEO
•0
STATE Of FlOR10A ~ ~ I 1 I lO ~ ~ ~
courvTr pF ~ An~~ '
Russall M Lacroia l~ri~ ~2
befors me personally sppearcd • a~
Delia M~ 1,8 _rA~ ~ _ his wife, to me well known snd known to me to b~
rhe ind;vidwb described ~ and who e:ecuted the fore9oirg instrument, and acknowledped before me that they executed the sims for the p~rposes
r'+ercin expressed. Md the sa" _
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w.f~ ar ~.~d R M ~rl:~.~-.,~,: s`.nd ~,ti
e,~aeriwcaYan by me taken se 1~f' Pn
parate and apsn from her said husbu~d, xkno,wledped b•nd befwe n» that she sxaplta~ 1~ ~(d rplut~.
~arily ind w~thout a~y compuaion, constraint, ~ppreheni(~ or f~u of or from he~ s+id fn,sband. ~f.;.f'"t ' ,
WITNESS my h~nd and official seal thi+ d1 ~ 811UE11~ ~
Z~_ day oi ~ Y~;;19 r a. ~
. . ' ~
~
• . Notary Public in ~nd fj~
My Commission ~itpirel~7'~~:~~_ ' '=IC'
Retum Ta - • t, , `
fir~t Fede~al Sarings 3 Loa~ Astociarion »0~~~'~'r
Of Fort P,crce. , ~ ~ ~n
fwt P~erce. Flo~:da ~M~w_~r~~a G+Wti G.
9-~~' y/
This Instrument Prepared By J. D. Chastain ~
First Federal Savings b Loa~ Association
of Fart Pierce ~ Florida
Chscked By~ ~
00~189 ~124? .
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