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to a+c~ •~d co~r~rwo~,s~~ t..~, on ~ b„~;d.~ ~w.r «~NNf~M MttI~N OA N+~ ~1~ ati ow ~i+ e~.,:~.w~~ .+d pe~.w~+.r.~ co~e•~ br ..w~.~ `
w~tA ~11 ptw~,um~ ther~on pawd .n lull, i~r~ ~nw.~~.ce ~n r14 u~u~1 a•~~d.~d yoK~ lo.~w, m• wT K.;xc.sd o~ t?.c A~;;,~•:,at;fC. • d w:dua.n ~
~vw~ in fM uwal ~i~nda.d pot:cY farR. a+ a wm ~pprw~d bY th~ MORTGAGEE. a+ wcA compa~~ a. ca.,~n.~t a rAe JNO~ICt~1Gff
dir~c~t ~nd a!) tk~ ~+~d w.ndsann inswsnn PaK»a on ~ny d~a+d bw+d.~a, ~rryr ~nk.e?~ Hwe.n a pa~t M~reo~. a~ eM py~ep~~e ~~wea~d w
1~ ~aoNS Me.w4. a~yU tomNn eht ~wal u~ndrd nar~gaps~ clwN w wd~ aM. clws~ u ~M Matpape~ ma~ .p„a~. ~l.np ~M .oas ~.~da+ s~d poa?
c~es. tath and we~y. Wyab1~ ro sad M~?Q~GAGff a~h au~rest nvy appw. and ~xh ~ we~~ sucA yo~~cy a?~a~~ oe pra~+prty ~u 9~ed ~d de.~.red w
snr htld by s~~d MpRiGAGEE as furtM? saw~ty to s+id mor~pp~ debt. and, ~W ku rlwn ~en l10) days 'v+ ad.~nce of d.~ eapa~~t.on o~ ~x1~ pa.cy. w dr
GvM b ad MORTGAGEE • renew~l ~Mnof, wqetM~ wi~h a r~fpt for the pr~ww of wcA .«,ew~:; ~nd rl,ere sMa be ro i.,e o? ...:,asru•w .r+w.~nce
plaad on ~ny o! ~id build:nps. ~ny in~aat N~~ w pWt tlweof, unfess in tM fonn and wah t?~ bu p+~abk aa afo.es+d «+d ~n Me e•~awe r.y w~w
of ~y beco~n.a par~Eie veda sucA policir a pol~n u~d MOR~GAGEE ~MII Mw ~he ope.on w rece~ve +~d a~E~ ri~e sanr on ~cco.M~ ot th~ a+debted
~N~ tlCWt{~ hNlby w a pK~nit s~id JNORTGAGORS to rs~coiw irK~ VN it p~ !»y part ihereof IN Ottnr yv~~~o~rs. :..tn;,,;t ~hr•cu; aa~.~+~ ~.•+y~.~r- 4
'~p +er pu~ty. ~iM a rghl wider or by vutw of this mor:yap~: ~ in th~ ~ve~t sa~d 1NORTGAGQRS sMfl for any ~eayon f~:) to keep ~he s~~d premiaes fo t
insured. o~ fail b delive~ prpepfly ~ny of said policiet of inswano~ b a~d NWRTGAGff. or foei prompr+y ro wr ~~,+r ~nr p•em,ww ~i+e~efa a~r? any
rsspecf (ai! fo pNfweq, dnchu~, e:ecute, eft~d. cwnpkt~. comply wi~A wd abde pY H+s cevenan~. o~ ~ny pa,~ F.aeof. sa~d Nk~RiGAGfE mar pwce a+o
WY fw tud+ Imwant! w~ny part 1M~eof witMut w~tvinp w~ff~etieg ~nY pA~ipR (iM. p~~ey, or r:ght ~eede~ a by wrhrt of rh:s Abrtspe. ar+d the
fufi an?oun~ of e~ch W+d ev+~y such paym~nt il~el! bs i~rKdi~nly dw ind p~yaW~ ~nd sha11 bes. inte.es~ from Hw das ~1,~,eoi unt,l pad ~t M~ ~ak o1
nine per centvm pa ~nnurrt and ~o9Nhea with tuch imcresf shstt b~ secwed by 1M lia~ oi th:s mort~e. .
To p~tmit, comn?it o~ wffK ~o wut~. impawm~nt a deterioratan of uid prope~ty or any put tl~eof.
S. To p~y ~tl and sirqulM ths cotts, chupes Md taperws, includinp a r~asnn~We atforney i fse and co~n of absr.xn ot titte, incw.ed o. pa:d a~
eny tima by aaid MpRiGAGEE, b~caus~ or in thc ~wnt of ~!w /a~ture on the pan of th~ said MORTGAGOit w duly, p.ompdy and fusly pe.fo.m, d~xM.ge
execute. etlect. complett, comply w~th and ab:de by each ~nd every the stipula~~ona, ayrea+?~ents, cond~tbns, and covenanrs of sa.d p.om~ssory nWe a~+d +h~s
matgaye any w e~t1w. and sa~d cosN. c1+a~ges and ~xpansas, each ~nd every. shalt bt intmed~akdy dve and payaWe: whe~he~ w na :he+e be nonce dt
msnd, snempt to colkct a svN pend~ng: ~nd the futl arno~et oE each and eMS+y wch paymen~ shatl bea. inrcres~ f~om ~he date tFK.eof un~il paid rhe
.ate of nioe pe~ centum per a~w~um; and all said cwts, chu~es and ex~xnses i~cwred or paid, togetAer w~th wch inte+est, ihaU be tecurcd by the 1.en of tha
~?,~?ro•w-
6. That (a) in the evei+t of ~ny breach of this JNortgspe a defauh on the p~rf of the MORTGAGOR, or (b) i~ the event ~ny of sa:d sums of mw~ey
herei~ refmred to be not promptly and fully paid within th~rty (30) days neat after the same se~eralfy become due u+d payabte, wiihout demand a eqr,~e,
or (c) in the eve~t each and rwry tFK stip~lations, agreemenrs, cond~~ions and covawnts of sa.d promiuory note and th~a mort~age any o~ e~~hcr are na
~uly. p?omptly ~nd Iu11y pe~formed, d;sch~rged. eaecuted, eifected, compktcd. cort~l~ed with and ~b~ded `ay. then in e~thav w any such evem the sa~d ag
gregate wm menYaned in said promisw~y note then remainin~ u~pad. wirh inte~est acuued and all rnoneys secwed heaebY, shall becort~e dve and pay-
abte forthwith, o~ thtreafter, at the option of aaid MOftTGAGEE, u fully and canpk~e~y as it a~l o~ the sa~d wms of mo~ey were o~g~nally s~.~,;a~cd
ro be pa~d on sucA day, anything in sa~d promissory note or in this Mafyage to the contruy no:wifhstand:ng: and ~hereupon w r~herSafre. ar rhe opewn of
sa+d MORTGAGFF, withovt notKe w dem~nd, wit ~f law or in eq~ity, 1F1!!lFOf! Of tANNItN begun, may be prosecuted as ~f all moneys secwed hereby
nad matvred pnor to ~ts instiWtio~
7. That in the event that at tix beginning of a at any time pending ~ny wit upon this Mwtgage, or to fweciose it, or to refwm it, p f0 MIWC!
peyme~t of any t~a~ms herevrKler, saiti 1MORTGAGEE shall apply ro tlro Covrt having jwnd~ctia~ thereoF for the appo.~!ment pf a R«e~ver, iuch Court shall
Forthwith appoi~t a receive? of said morfgaged property all ~nd singular, intlud~ng all and aingvlu ~he inconu, prof~n, iuues and rewenues from whatever
sou.ce derived, each and every of whKh, i~ bei~y expresaty understood, is hereby morrgaged as i{ apK;ficaNy set fath and descs;bed in the Q.aming and
hnbendum ciavses Ac~eof. and such Receive? shall have ~11 the bro~d ud. effeaivs funce.«u a~d powen in anyw~se entrusted by a Cou.t to a Recei~rer, ar~d
s~ch ~ppointment shali be made bY suth Court ~s an adm;tted equity and a mattd of a~so{ute right to s~id MORTGAGEE, and w;rhout reierence 1o t1+e
ndequacy or inxkquaty of the ralw of fhe propery mortp~ed o~ to the sohrency a~nsolvency of sa~d MpRTGAGpR or the detendanrs, and ~hat such
rents, profin, income, iasves and revenues thal! be appGed by such Receiver accadu~g ~o the lien or equ;ty of said MORTGAGEE and lI1C pfKtiCt Of 3UCA
Court.
8. To dufy. promptly and fully perfwm, d'~schargc, execute, effecl, compkte, comply w~th ~nd a~ide by each :nd every the stip~~ata% sgreements.
cond~fwna and covenants in u,d promissory note and this mortgage set fath.
9. That in the event the ownenhip of the mortga9ed prem;ses, d any psrt thereof, becornes vested in a person othe? than the NIORTGAGpR, the
MORTGAGEE, its successws and auigns, may, wirhout rwtice to the JVIORTGAOR, deal w;tb such s:rccesso~ p successor in ;nteres~ w+th reference lo thia
mo~t9~e and the debt he.eby secu~ed in the sune manrKr ~s with Mo~tgagor w~ilwiit in any way vi~~arin9 a dixharg~ng rhe Nbrtgagwi lia~il~ty herr
ur.der p upon the debt hereby secured. Ne sate of 1tK premises hereby mortgsged and no forixa~ance on the pan of the INQRTGAGEE or its wccessws
or assegna and no exte~sion of tho time (d the paymcnt of flx debt hereby secwed given by Ihc MpRTGAGE£ or ih succeasors or assigru, shall operate
ro release, d~xharge, modify change a affect the orig~nal liab:f~ty of the AIIORTGAGOR herein, either in whole or in part.
10. It is spec~iicatly agreed that time is oi the essence of this contract and tMt no waiver of any obtigation here~nder or of the obtigation se
cured he~eby slutl at any time th~reafter be !teld to be a waiver of the terms hereof or of the irutrument secured herby-
I1. In add~t;o~ to the foreyo:ng monthly paYments of princ'pal and imerest requ~red by the prpm:uory npte sccured hereb~, mortgagor covenanK
and sgrees to pay to mortgagee witi~ ~ach monMly payrnent ar~ add~r"ansl w~n est~m~ted by nwetgagee to be equai to 1; 12 of the ann„al cost of the follow-
ing:
A-,All real pioperty tanes Iev;ed or assessed agaL~st the above descr;bed real estate.
B-Premiums on fire and windstorm insurarce as herein requ~red to be carried on the ;m~ove~ne~ts s+tuate on the above described premises.
C-Premiums on such mortgage gvaranty insuror.ce as mortgs9ee shs11 from t;me to time deem fit to carry on the bao secvred hereby,
Nlo.tgagee shati from tir~ to time notify rtwrtqagor in writing of N+e anwunr due and paysbk herew~der aod sutl~ wm shaH thettupon be due snd
F ayable on the due date of the next r.wnthly paymeM and each successive month thereafter uctil mortgagee sha1~ ra~;(y rtq~t9aga 6f a change in such t
a^~ouM. $uch sums sF.ait be app:ied by mortgagee toward the payment of real prpp~rty taxes, i~surante prem:ums, a~d mwtgage guaranry inwrante
premiwns.
IN WiTNESS WHEREOf, the sa~d lNORTGAGOR has hereunta set his hand and seal the day aod year fint afot J
Sig . Se~led and de~ivered in Me p?esence of:
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' SSA1E OF FLORIDA
COUNTY OF S~.. I,11C~A ~ i
Roae Silveraan a aingle adult '
defwe me persor?illy appeared f ~
rhe individw described in and who executed the fo? to me well known and k.awn ro me to be
y eyanQ instrurnent, and ackrawledyed befare me that ~~y e:ecuted the same for the pwposes f
fhCreeR lXp1lSil~. ~
•
WIiNE55 ir~y hared snd offie'ed ssal ~
A. D. 19~_
L<.7in ~ (J[ /l.[
Nobry Pubtic in ~nd fo~ the State of F{oricla ~t lar9e
MY Comrr?~ss~on expra:
Return Ta. .»N•u+1r.
. ,''~~i~ ' aP NOfaR/ tt18LiCr ST~IiE Ci F1.OR10~ AT IAiKE
Firsi iederil Savinys 3 loan Assot+afion 1 ~i~ MY C~MMiS~ION ~1~; ~ 1~3
Of Fart P:erca v•'•' • ~ t~ f~
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Fort Pierce, florids ~ r:•- ~s'~'. J ~
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? Q:~C; G~, . ~r~ f+LEO ~MO RECOR ~
~ ~ ~a.~.t t ~ - ST CUCI s
t' i~' ~ ~m a' RGGEACjp~jMT1? O'
• ' ~V ' CIERlI C1RCWT ~
This Instrument Prepared By dOhp W. (~q ' j.!~' v~ RECOqO 1IERtF~ ~
first Federal Savings b loan Association EO
of Fort Pierce ~1o1'ida . ,~r~ , ~
~ ' z'~ ~~~s••~ ,~r ~j 2 ~
~~~''~"""n~~,~ i
Checked By • , ~!~?~LtLI
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~189 ~1346
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