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Te pl~ ~nA cauin~o~nl~ ~«p on Ih~ b~ildNp~ now a Iw~afa. ww~a ow s.+d Iw+d a~d on dt pu~pnM~ Md q.wn~~ty cev~.~d by N~is e+o+~
+~t. w~~h ~11 p~q H~«~on a~d fn 1~, fw irawenc~ in eM uwa! u«+dwd po~.cy Iwm, In ~ wn? aypov~d by ~M MORtGAC,fE. ~nd ww+d~rorm
troww~n 1n Hw wwl W~nd~.d FW~r 1a~ M~ we? ~pp.owd br ~M MC~RTW?GEE. in wch comp~nr a compM~e? a ~M MORtGw(lEE wwy
diney ~ni ali. ftn M+d ~r+wba.~ i~wuana P~~ ~ M1? of ~ buiW~, sny 1nN.~s~ rM.Nn a~ pwr ~he.wf, in t1» pp?spn~ ~wn ~fa~w+d w
In tM.~ol. ~MII caa~in tM wwl ~Nnd~•d q+~ clwM o~ wch ph~r cl~ w tM Ma~ppN m~y .pwn. ~tinq ~M ba vr~ ~a~d po1F
c~.~. ~ad~ aad .w.~r. P~r+W~ a aid MOR1Gl?GEE N
i~a 1dl..sa nwr wV~N. ~nd RacA «wi ~v~.Y wch Po~~l b~ w~M~r •~s q~vd w~d cM+iw+.d ro
anp h~W br a.~d MORrG~GEE a(wrh.. acwih ro ~.ld ~nayip~ d~W. ~wl, no~ INS M~n nn (1~ d~ys in ~dv~ o/ Ny ~rpM~tiw~ oi ~acl~ poticy. ~o dr
Ihht b Nid MORTGIIGEE a~Nww~l tMrwf. topHhN witA • r~cNpl 1w ~M prw+wws ol wd+ r~wa~t ~nd ~1w~ sha11 b~ no f~r~ a winduwm huwu~a
pl~ad on ~r of ad bv~ld~~pa, anp Mh~~u tiw~w+ a pan M~.wf. w+ws• tn Nw iorn~ and w~~A N~. b.s p.~aW... •tw•u~ .nd tn ~i+. .wn~ aoy ~wn t
o{ mo.wy b~conw~ ar~bN undM wd~ polkl? w pol+ciN wfd MORTGI?G#E sMll Mw tl» aption q reaiw and appiy ~M san» on .ccow+~ of tM ind~b~ed~
n~ss New~d ha~by a b pKmit wid MORTGI?GORS w npiw w+d us~ q a~ny pMt thtrM/ fd Othe1 pV~{~osel, wilhout tAa~eb/ w~~vi~i~ o~ enp+i~-
~q +~Y q~~h. li~n or rqhl w~ a by vklw oi tAi~ inortpp~t ~nd b tM ~vant uid MOitTGAGORS shall (w ~ny fNi011 ~~i) 10 ItNp tM Nid ptlTifM q
~~sund. or (~11 b d~livN proenptly ~ny o1 wid polieiN ol iraw~na b Nid MORi(31?GEE. or f•~i ao~y,~iy a Par fuur .~,y a.~r~w~ tFK~etw a in a~y
resp~ct f~il b pK~ani, d~xhary~. ~x~cu1~, ~fhtt. complN~. oompty wi~k ~nd abid~ by Mws corr+unt, a~ny part Mrwf, said MpRTGAGEE maY ptaoe ~nd
p~y fw weh Mru~ane~ o~ a~y part thKwf ~,,,;thovl walvinp o~ ~ff~inp ~ option, IiM„ puity, w riph~ u~d~r or by virtw of ehis Matyaq~, and ~M
tvll amow+t of ~ad~ ~nd ev~ry wd~ paynwnt shdl b~ w~wmdi~hly dw ~nd p~yabl~ and ~MII bta in~erqt irpn tM daq th~reof ~ntil p~~d ~t the ra» of
ni~s pK eyntum pM aewwm and top~thtr wIM ~uth Intsr~t tMli b~ s~euhd by 1M liu~ of this mwtpap~.
a. To prnd~, oornndt or wHK no watN. M~p+kmMt a det~riaaion of ~aid prop~.ty a any part th~.eof.
S. To pay ~it ~nd siiq~l~? th~ coa», ch~rpN ~nd ~xp~ns~s, includinp a rNaon~bb ~ttonKy'~ fK ~nd cosq oi abatraas of t~~l~, incurred o. p+id ~t
en~ tirr,~ by wtd MORTGAGEE, b~cavs~ a in ~h~ wa?t of tM f~~lun on ~f+~ pan of iM ~aid MOttTGAGOR w duty. prompry ~nd fu~~y per~am, d~xharyR
axecut~. ~lfsd. tomplet~, tornplY wirh and ~bid~ by exh and ~wry tM ~tipul~tioes, ayresments, conditio~u ~nd cownanb oi said promissory no~~ and thu
matq+~ +nY o~ titha. ard said cos~s. charq~s ud espM~f„ each ~nd ~wry, aMtl be immedia~ely dw and p~y~b4: wixther a na ~Mr~ be notice da
m~nd, ~tt~enp~ to colbef w wif pNVdirg; and rht fvl) anouat of +xh and rrsry wch paymeM shall bea? in?s~es~ fro.n ~M dd~ th~reof ua~il paid ~1 th~
.aee of nine p~~ c~+twn pK amwmj and all ~aid cost~ chw~a ~nd ~x~ses ioaur~d or pa;d, top~tFwr w~th wch imer~~~, shall b~ sec~red by the tin? of tha
mortpp~.
6. TMt in tM ~wM of a~y lx~ach o( this Matyp~ or defa~lt on tM part of tM MORiGAGpR, a(b) tn tl?* ~vent ~nr of a~d ~ums of eiwMy
hsr~in ~•f..red ro be no~ p.anprly .~,d f~l1y paid wi~hin thirry (30) d~ys nex~ ~fter tM sMV» aewr~lly becom~ due ~nd psyabN, wi~hout demand a no~Ke.
o~ (c~ {n tM ewnt e+ch and ~wry th~ ~tipuiatioia, a~r~enwnts, cond~tans and cowna~b of sa;d promissory note and th.s mortQape any a eirhe~ ar~ nw
ivty. promptly and Iu11Y pKfwm~d, d~sd+arpad. ~xkvt~d, effecl~d, compl~t~d, complied wite? ~nd aDided Sy, tMn in ei~her b sny ~~ch ~w~t ~M uid a¢
g?e~ab wen m~ntionad in said promiaay not~ then rsmaini^p unp~~d. with intereat ~caued. ~nd all mo~eys secured htreby. iF~all becwne dw and WY-
abl~ forthwith, Of fI~lfNftN. at th~ option of said MOItTGAGfE, se fvlly ard completely u ii ~II of the said wms of mw~ey wcr~ aginally sNp~{ated
ro b~ p~id on such day. anyfhinp in said promluo.y nob or in rhis Morpa9e to tM contrary notwi~hs~uxfi~y; and the.evpon or ~heresfra at rl,~ option of
said MORTGAGEE. without ~otic~ w d~mand, s~;t ~t law w in pviry. tMr~fon or thereafier beyun, m~y bs prosecuted ai if a!! naneya'secu?ed hereby
had matwed p?ar ro i» imfi~v~~on.
7. Tha1 in tM evMt ~hat ~t tM bs~inn;np of ot ~t ~ny tim~ p~eding ~ny wit upon this Mortg~g~. or ro foreclos~ it. a fo roform H, w to enforu
paym~+?t of any cl~ims lweunde?. s~id MpRTGAGEE shal~ apply to tF+e Covrt havi~?y jwiadictiw~ thereoi fw fM aRpantment of ~ Receiver. svch Cowt s!~!!
fwthwith appcriM a neceivN of said morlpaQed property all ~nd ain~?la, incl~d~~ all and aing~la~ tlK iexom~. p?ofits, issues ~nd revenues f~om what~ver
source deriwd. each ~nd ~very oi which, it b~inp ~xpres~ly unde?~tood. is Aer~by mortgaged u i1 spetificalty set forth ated desuibed in the ~rantiny u+d
f,abe++dwn d~usq hereof. and such Rsceiver sh~lt hrw ~11 t~s brwd and effectiw tunuwna and powcn in ~nywise eretrvsted by a Cwrt to a Rcceivcr, arsd
such sppointment sh+ll be mad~ by such Cowt u sn ~dminsd epuity and s emtter of absolute rigM to said MORTGAGEE. u~d without reference to Ihs
edequacy w in~dequacy ot fhs wlu~ of tM p~op~rty mwt~~peJ or to ti?~ wlvency a i~wfvency o! s.~d ~ewtrcae~oa or the defendan», a++d that sucA
rertrs, protEn, income, iawes and revenws shall b~ appl;ed by wcfi Receive~ ~ccord~np to ~M li~? or puity o( sa~d MQRTGAGEE and the pr~ct;ce of such
CouA.
8. To duly. promptty and fully pKiorm, diaci?~~, ex~cute. ~Hect, complete, oomply with and abidr by each and every tlw stipul~tiom, ~greements,
conditions and cove~ant~ in sa,d p?omissory not~ and this mortgap~ se~ fath.
9. Th~t in the event tM ownership of tlu mot~ya9ed p~ema~s. a any part fhereof, becd?~es w:ted in a person otF?e~ than the MORT.GAGpR, the
MORTGAGEE, ib wccessors ~nd usiQns, may, without ~rw~ice to the MORTGAQR, deal witF? svch wccessa or successa in inte?est with refer~nce to this
mort9ape and the deb~ he~eby secwed ir~ iht samt mann~? as wifh Mwtpaga without in any way vitia/ing p d~scharging the Mortgagon' lisbiliry hertr -
under w vpon the debt hereby secu~ed. No s~le of tM prcmises hereby mwt~ayed and oo forbearance on tM part of ~he MORTGAGfE u ib successon
a auigna and no exrens~on of the time fa the p~ynxnt of fhe debt hereby secured q~ven by the MORTGAGE' o? its ~uccessors a su;Qns, shaU ope?at~
ro release, discharpe modify ~han9e w~ffect tM wiyina! liab~lity of ~he MpRiGAGOR hereln, either in whole w in put. :
10. It is apecifically ~greed that time is of tM essence of this co~tract a~d that no waiver of any obligaYOn herev~der or of the oblipation se-
cured hereby shall at any time thereafter be held to be a vvairer of the termt hereof a of fhe instrument setured herby.
11. 1~ add~rion fo rhe forego:ng monthiy psyments oi princ`p~l arrd inte~esr required by the prom~sso.y nore secured he?eby, monSagw covenanri
a+~d agrees to pay ~o mortgagee w;th esch mo~thly paymeet ~n ~dd;rion~l sum estimated by mort9agee ro be equai w 1 f 12 oi the annual coat of the follow-
ing:
A-All rea) ~operty taaas levied w assessed against the sbove describcd resl Estaro_
B-Premiums on fi~e and winds~wm insw~nce aa i~ncin reqv:red to be carricd on the improvements sitwte on the above desaibed premises.
C-Premiums on such mwtgage gwr~nty inswance +s mor~ga~w shall lrom time ro t~me deem fit to u?ry o~ the ban secured hereby.
Nlwtgagee shall from time ro time notify mortg~gor ;n writing of the amount due and pay~bk hereunder and such ;um shall thrreupon be due •nd }
pay~bk on the due date of the neat monthty payme~t ~r~d each s~ccessive month theaeafier ~ntil mortgagee siiall notify mortgagor of a change in wch
amouot. Such wms shail be applied by mortya9ee toward the paymeM of real property taxes, insurance prem:ums, and mort9a~e 9uaranty ir~wranc~ i
P~emiwns• -
IN WtTNE55 ERi he id M(TR GAGOR ha~ hc?sunto se! his hsnd and xal the day u?d year first ~foresaid. ~
Si oed, S~al and eli~ th ~ tnae o~ ~~arit.+~
Y! v~~ K--~
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..~~H/r~~ ' ~`r
STATE OF FLORIDA '`~~S.:y~~;~~i;r,
%
CQUNIY Of Str• L11C~e ~ ``.~l~'°~~`~w:~r
~Ct182'tl '~101083 BO~ `=n s!'`~~' ~ . =
defore me psrsonaflp ~ppeand • . . ~
S~!@ TI7/ TA12~.8@ BO}l~ his wife, to me wd! . k ~M~d f weR t~`~t .
the individwb desuib~d in ~nd who ~xecut~d tM fa~yoirg i~utr~xnent, and ~ckrwwl~dpsd b~fore rr~ tMt tMy ~xroute'.~ 't+7l~ f~ ~
?herein ~xpressed. Md tM • ~ 4 r
wife Of HM Nid ~C218l~ ~10'~88 BO - ~ _ ! :
u~wi~?,~NP~t~ aefd=~rivaf~
ex~ma~tion by nw t~ken ~tpar~t~ a~d ~part 4rorn her s~id t?wb+~d. +duwwl~dp~d b and b~fon m~ that sh~ execut*d aaid irotntiwi~R fCwN~ ~+nd vW++n- t
iarily ared without ~.~y con~lsion, cautraint. +ppre~`~°'~ o1^*ar of a frwn he~ s~id Iwsband, ~
WITNESS my hand ind offieial sNl et~ d7 ~r ~ JAI2 A. D. 14~ ~
G , i
t
Noa.y P in ~nd or tl~e Srat~ of fb.id~ ~t la~pe i
/ ~ My Commiuioo ~xpir~s:
Rnurn ia. /
f'ust f~d Savirgt i lwn Aswciation
Of Fort P~erce. AQTILAY P1iyUC, =TATE Of RGA:ii.1 AT W~E
Fort P~erc.. Florids h7Y COMi;•1itiS1U~l E?(PiRES ~IOV. Z9~ 1!!2
~ONDED i?~RQtl~iM rwEp ~If, ntewTELNQR~.
. 203~3.~, ;
This Instrument Pre red B J. F~~fO AMp q `
Pa y D. Chastain =T• IuC~E ~ ECO 0
First Federsl Savinfls b Loan~ ~ation ROCER r y~~~-
of Fort Pierce, FlO~dB - R E OLRD y C~RC U f t ~ p y~T
ERIFIEO-
Chedced By •
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