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To pl~n ~~d coneinuov~ly 1Mp on ri» Eu~ldinp~ now a Ivr~ahK M~wN on ~~~d I~nd ~rw! on ~1~ eq~l~un~m and p~rw~~tly co~~red by ~hi~ rea~
p~. with dl pem~~nM ~herwn p~~d ~n full, fu~ i~wr~nc~ M~M uwal Na~tiud po'KY form. ~i~ • sum ~NWoYsd b~ tM MOR~IiAGEf. a~,d windst«~n
i~swanc~ in ~M utwl ua~da.d polKy fwm,, in ~ wm •ppro.ed b~ ~M MORiGAGEE, in wch company or ca+~p~~uti as ~M lNORTGAGEE n.~y
ditKlj ~~e1~ ~U tir~ ~nd w:ndi+wm in~wana policw~:•o~ any o( a1d buiW.np~, ~ny l~lfftyl II1l/fM 01 ~II iF1frQOI, in Iht p9~rp~t~ ~~m ~to~s~;d o~
In ~at~s~ tM.wf. aMll comain ~h~ owal panda~d ~+wnp.?p~e clavk a~vch aM~ c4us~ u flw MatypN may .eq~~r~. md~np ~M ~o» u~ fa~d po14
cin, e+d~ u~d ~vNY. paYabl~ b~id MORTGAGEE as its iroer~sl may app~ar. ~nd each eod ew.y ~uch poGCy shall be promp~ty a~s y~Kd ~nd dNiwred ~o
•ny MId by sa~d ~NORtGAGEE a ~u~~M. ~ecu.~~r ~o sa~d nwrtQa~ debt, u+d, eot INS ~Mn ~~n (IOi d•ys in ad~a~x~ of ~he ~apir~tpn o1 e~ch po~~cy, ro dr
~~wr to aid MORTGAGfE a rawwal tMr~of, Iopetiwr with a rete'rpt fot tM p~mivrn oi such ~enswal; and lher• shall br no Yre er wu~d~~orm ;n~u~~nc~
pl~ad on My of sa~d buildieqs. ~np inte~~~~ thK~in a part tF,~rwf. u~ks~ i~ tM form ~nd wi~h iM lou pay~ble +s a~weu~d: ~nd in ~1» a~~nt ~ny sum •
of mor,~y beco~n~s pay~pl~ vnda wd, policy or pe1K;~s uid MOR~GAGEE ~Mil h~w rhs apr:on ro recei~e ard appt~ ~he same on ,ccoum of ~h~ i~~dab~ad~
a
r»u wcwtd ha~by p w pKmit said MQRTGAGORS ro reteiv~ u~d u1~ it a~ny par~ thercof fo~ otlxr purposrs, .•..~ho~e ~hr~. u,r wa~~~ o. ~n,pa,r-
ir+p a~y equity, li~n or ri9ht undK p by vtrtu~ of this mo: tqpr. ~nd in tM ~vero ~a~d MORiGAGORS ihalt fa ~ny reason fail to keep the s~id premius so t
iniured, or fail to detiva pomp~ly i11y Of Nid PO~iCiN of inswanc~ b said MORTGAGEE, a~ (a~l promptly to pay lu~ly +ny p~e~n~um ~herefa a in any ~
re~petl fail b peripeq, diichug~, e~KWs, effM, complete, comply with ~nd ab~ by this tovenanl, p any parl Fwreof, ~~d MpRiGAGEE may pface and
paY for suth insu~ant~ w any part IF?Keof without waiviny w affxtinp a~y option, litn, eqvity. or righ~ unde~ a by rir~w of this Mortgaps, ~nd the
fuil arnou~t of eatb ind ev~.y tuth p~ym~nt shall b~ imrnsdiately dw and payable ~nd ~hall bes~ intrre~t from the dste tAereof ~ntil paid at tha rae~ oi t
n~ne pa cemvm pe~ annum snd toge~her with such inte~ast shall be tecured by tF» lien of this mwt9~ge.
io p~tmit, commit a wifN no ws~b. impai~meM w deterioration of said properry or any part tl~ereof.
5. To pay all ~nd sirq~rlx ths coats, cha?~es and txpenses, inc~udirg a reasonabk ano~ney i tee and cosn oI absrracrt o1 title, inc~rred or paid a~
sny time by ~aid MORiGAGfE, because or in tM ~vtn? of ths ~ailure o~ ths parl of 1M said MORTGAGOR to duty, promptly and fu:ly perform, ducha~9e,
execute, tff~cl, compkt~, comply w~th and ~b:de by exh ~nd every the .stipvt~tans, agreemenh, cw+ditions, u+d mvrnants of seid promisso~y note and fhi~
mwtyayt any o~ either. ant! w~d costs, cF?arg~s and eapenses, each and every. sMll be immediately due and paysbte: whe~her a not there be no+~ce dc
mand, att~mpt to collett p suit pertd~ng; and tM ftrll a~nount of eath and every suth paymeM sAstl bea. in+eres~ trom the date rhereof umil p~id sl tFK
rate ort nine per centum per amwm; and all said tosts, tharyes and expenus irnwred or paid, togtther w~th suth intereat, shall pe secured by the lien of tl~i~
mort9ay~. '
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6. Th~f in the evenl of any breach of ihis 1Mortgag~ or defauN on 1he psrt of the MORTGAGOR, w(b) in the event any of sa:d suma of morsey ~
herein referred to be ~01 {xomptly and fully paid within thirty (30) days next after the sa~ne seveiafly become due and payable, without demand w notice,
w{~ in the eveN eacK and every 1he stipulatans, ~greements, conditions and covenants oi sa~d promiuory note and th~~ rhortpaye any or either are not
jufy, promptly and fully pe~formed, d;scharged, aascuted, effected, completed, complied wifh and ab~ded by, then in eifher or any such event the said aQ~
gregaM sum menYaned in said p~omiuory note then rtmai~ing unpaid, with interes~ accrued, and all maneys secured hereby, shatl become due and pay-
able twthwith, or thereafter, ~t the oprion of said MORTGAGEE, as fulty and complerety es ii all of ~he wid sums of money were a~ginatly :t~pulated ~
to be paid o~ svch day, anything in ss~d promiuory nate or in this JNortgage to the conrrary ratwithstanding; and thereupon or thereafter at the opt~on of
said MORTGAGEE, without notice o~ demand, iuit at Iaw or in puity, there(ore a thereafter begun, may be prosecuted as if all rtw~eys secured hereby
had matured prqr to its institution.
7. That in ths event tMt at tF?e beginning of or at any time pendirg any suit e?pon this Mortgsge, a to fweclose it, a to reform it, or to enforce
payment of any claims hereunder, said MORTGl1GEE shall apply to the Courf having jurisd~ction thereof iw the appantment of a Receiver, iuch Coun shall
Forthwith appoint a rcceiver of said mortgaged p?operty all snd s~ngular, inclvd~ng all and singutar the inconro, p~ofits, issues ar,d revenuss f~oen whatever
wurce dxived. each and every of wh;ch, it beinp e~epressly understood, is hereby mw~gaged as if specifi~ally set forth and dewibed in the granting and ~
hebendum clauxa hereof, and such Receiver shsll have all the broad ar~d effective funct~ons a~d powers in anywist entrusted by a Coun to a Receiver, and +
such appointmem shatl be made by s~ch Court st an admirted equity and a matter af absolu?e rigb~ to sa;d JNORTGAGEE, and w~thout reference to the
adequacy or in~dequacy of the value oi the property mwiyaged or to the wtvency or insolver?cy of uid MORTGAGOR or the defendants, and that auch
renn, profits, income, issues :nd revenues shsll be applied by such Receiver accord~ng to the tien a equiry of said MORTGAGEE and the practice of tuch E
Cou~t. ~
8. To duly. p~omptly and fully pe~fwm, dxFwys, execute, effect, complete, complY wi?h ~nd abFde by eash and evtry the stipulations, agreements, ?
conditans anc! covenan~s ~n wid promissory ~?ote end this mortgage ut fwth. ~
9. That in rhe evem ~he ownersh+p of the mortga~ed premises, or any parr tl,ereof, becar,ses vested in a pe.son oeher than rhe MORiGAGOR. the ~
MORiGAGEE, its succeswrs and auigns, msy, wirhou~ ~otica to the MORTGAOR, dea! with such successa w svecessor i~ interest with reference to this f
morr9~e and the debl hereby secured in the same marv~ is with Mortgagor without i~ a~y way vitiating w discFurging tF~e Nbrtgagon' liability here- ~
under or upon the detrt hereb~ secu.ed. No sale of the premixs hereby mortgaged and ~o torbearance on the part of the MORTGAGEE or its s~ccesson
or assgra and no ext~nsion ot the time fa the payment of the debt hereby sKUr~d given by the MORTGAGf~ or its succeasors w assigns, slwl{ operafe
to release, distha~ge, modify change w affecf the wginal liabiiity of the NtORTGAGOR herein, either irt whole w in part.
10. It is specitically agreed thst time is of the esunte of this corthact and thal no waiver of any obligatiw~ hereunder a of the oblgstion se-
cured I+ereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrumem secured herby-
11. In add~tio~ to the forego:ng monthly payments of prin~ pal and interest required by the promissory nore secured hereby, mortga~or cavenants `
and agrees to pay to mortgagee with each monrh~y payment an add~rional sum estimated by mortgagee to be equal to 1 j 12 of the annual cost of 1F~e follow- '
iny:
A-All real properfy taxes kvied a assessed a9aiost the above dexribed real estate. ;
B-Premiu~ns on fire and windstorm insu~ance as herein requ:red to be carried on the improvemeits situate on the above descri~ed premises. ~
C-Premiums on such mortgage guaranty i~surance as rtartgagee shaN from Gme ~o time deem fet fo carry on fhe loan secured he~eby. i
Morfgagce sha31 from time fo time notify mortgagor in writirg of the amount due and payable hereundrr and such s~m sha{I thereupon be due and
Fayable on the due date of the rtezt monthly payment and each successive month thereafter u~tit mwtgagee shall not;fy mortgagor oE a change in such
amount_ $uch sums shatl be apptied by mortgagee toward the payment of real propeny taxes, insurante prem:ums, and mortgage guaranry insuraoce
p*emiums. ~ ~
IN WITNE55 WHEREOF, tF~e sa"d MORTGAGOR as hereunto xt his hand and seal the day and ye~ first afwesaid_
'~bned. ealed aod a n p?esence
~x E ? ~
- o . r
(Sra~
3tttl8• • l~lffi ~+n
. ~ ,~--n
S7ATf Of FLORIDA ~ ~
COUNTY Q~
~Kt~ ~ ~
Before me penoe~ally appeared HaYOld F. grawn {
~*~a C. Brown ~
_ his wife, ta me wcll known and known. ms to be
!he individwli dew~bed in and who executed the fwegoinp instruma~it, ~nd acknowledged before me that tlxy executed the same for' {~,~-pwposes , i
rherein expressed. And the said - T?B8A3]8 C. BYO~/fi ~
~ ~~N~. ~ .
w.r~ or ,h. ,,;a Harold F. Brown • . ' .
~:~,'j~?r~?
examinaYwn by me Iaken separ~te and apart from her taid husbsnd, sdu~owledged M and before ms that she executed said nst ~~rQ? • ~
~arily and w~thovt any comp~risan, conshainl, apprebension, or feu of w from her s~id husband. ~.•p
WITNESS my h~nd and official seal thi¦ 7 day of 8AU3~Z j=~~
~ . ~ t,. _
0323~~ - - ; : ~ :
W • • m
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FIl~AMO RECOtiDED Not Publ'K in and fa ~he Stat f ~
ST. Lt~C1E COUNTY flA. y s~ }~c tr"~~ '
Ret~m To: ROCER POITiIAs M i... ~ P~L;G,P$T~:'_ ^f f~'~:'0! .~i.€,~is~~Q~~••:,';' i
First Federal Savings 3 two Aasoc;at+on CIERK CiiiCU1T COURY MY CO?rS5AIS3tQN CXP1R£S G~T. '~3,
BONDEp THQU fQED w. ~ ~r .~°=Zk.~-~;,-..
Of Fo~t P~erce. RECORD YERIFIEO~...~..~~ BOND p(ESTELN~,
Fort Pierce. Ftor7da ~ ~ ~ ~ O / ~ ~ ~ ~ _ 'd ~ ~ ~ Y~ • . . - - .
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)S
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This Instrument Prepared By Wi~. B. Hra ~
First Federal Savings E~ Loan Association
~ of Fort Pierce, Rlorida
Checked By 1~- ,
, aoou ~'r" ~~e~
~ . ~
S O
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