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3. To plx~ ~nd canti,~uou~y ke~p on ti» b~iidiegs now a ht~~~ftK Htw1~ on s~id tand and on all equipm~~t ~nd person~lly covrred by tAis matg-
p~. witA +II pr~mivm~ the~wn p~~d in full. (ir~ {~uurant~ in tM usual iundud polKy fwm, in a~um spproved by the MORrGAGEE, ind wind~twm
inw~unc~ M tM v~wl standard pol~ty farm, i~ • sum ~pproved by 1M MORiG11GEE, in tvch company w companiet ai the MORiGAGEE may !
dh~d; ~nd all f'u~ ~~d w;nd~torm i~w~~nu polisi~~ on ~ny of s~id buitd~np~, ~1oy in~~.~~t ther~in o~ part therwf, in tFk a~g.eyaie sum afa~aid w
In ~xc~ss d~wf, ahall ca+?ain tM uswl i~andwd mortp~ claus~ a ~uch o~her davs~ tM Mor~~pe~ m~y rpuwn. mekenp rhs lou unJer ss~d polF
~~y~ ~~~~Y• WY+bh ~o iud MORTGAGEE ~s it~ in~~rast may ~pp~ar, and e~ch a~d ~vay tvch po~ity ~hall b~ promptly asi 9ned a~~d del~vered ~o
+ny Mld by s~id MORTGAGEE as funh.r ucv~iry ro ia~d mwryay. dcW, ~nd, no~ I~u tMn ten (10) days in advnce oi ths ~xpira~~o.+ oi e•ch po~;cy, to ds-
i~~.. ro•.d MOrtTGAGEE ~ rtn~wal the~wf, toQethM wi~h a r~ip~ for the prNniwn of tuch rancwal; and ~here iFwll be no Gre o? w~nd»o~m inw~ance
pl~t~d on ~ny of f~id btiildirgs, any ielaal thcr~in w put tha~oi, unlau te ~M form ~nd wi~h the loss payabt~ as a(wes+id: ~nd i~ th~ ew~t •ny sum
of nwMy be~om~~ p~y~bl~ w~ds~ wth pp~ky p pplKies wK{ p~pRTG/1GEf sha11 h~vf tM optan ro recaive snd apply ~M samr on ~ccoum oi ths indeb~ed- i
neu s~cwed hK~py p b ptrmit uid MORTGAGORS ro r~ceiw a~d u~ N or ~ny part ~hereof lo. osM:~ purEwses, w~ihoue ~h:«4r wa~~i,g o~ ~:~,pa~r- (
in~ any pu~ty, li~n or ~iyh~ ~ndN w br virtw of thb mo:ryiy~j ~nd In tM ~vent ~a~d MORiGAGO~TS sMll (w any raawn fai~ to keep rAe said premisr~ so
insu~ed, or (aI) b dtlivt~ prorropflY ~r?y of ~id pOlitles of insurant~ b Nid N10RTGAGEE. a(ail promp~ly lo pay ivlly ~ny pre~mum Iherefw a in any
respect fail b pKiorm, diicAupe, +xecute, ~ffec4 canpl~~~, comply w~~h ~nd ~bid~ by this cova~an~, a sny pa~~ Mer~o(, sud MORiGAGEE may place ~~.d
P+Y fa such tnsvru+c~ w any put thH~of witAou~ w~i,rinp a•ffectirg Mr option, ti~e, eqv+ty. or r:ghr under a by virtw of ~his Nb.tpaQe, and ~he
full amount of tacA and ~wry wch paym~nf tF~all b~ imrnedid~ly dw a~+d p~yaW~ and ihall bear intereu i~om tM dat~ thereol until pa~d a~ the rat~ ol
~~~ne pe. c~nrum per anrwm ~nd to~ether with suth intersft thall b~ secured by IM lien of this morty~ge.
l. To permif, conwnit a wifcr no waa. 4npaKment a d~teria~tion oi uid p.ops.ty or any pan t?~ereof.
S. To p~y att ~nd sinpular tl~ cottt, tharq~s and ~:pe~~ef, i~cludirg a r~aao~able anosney i fee and co?ts e( sbstracti of title, incurred w pa~d at
any time by said NtORTGAGEE, b~twa~ w in t!y ~wn~ of tM 41IYff 011 the part of tM said MOATGAGOR w dufy, promptly and futly perFwm, d~scherge,
e:ecut~. ~ff~ct. compler~. comply wi~h and ~bid~ by ~ach ~nd eve+y the i~~pufat~o~u, agreements. cond~~io.+a, ar+d coven.r,n o( s~id promissory naee ar+d ~h~~
+»ortgapa any q ~i1he?. and said coab„ tMr~s ~nd ~apen~es, each and ~very. aiull be immediately dw and payeblr, whether a not there be noe~ce dc
mand, attsmp~ to colled p~ suit psnd~rg; uid tM fult art~ouot of Nch and evay ivch paymen~ shall bea. interri~ from the data thereoi uniil paid a1 ~f~e
rate ol nirK per ccntum per sn~wcn; and all ssid cost~, charpea ard expenses incurr~d w paid, topsthe: weh such ~nterei?. ~hall be sccured by ~he lien of Ihw
mor~y+~• i
6. T!?~t t~) in the ~wn1 of ~ny b~e~ch ot this Matya~ w def~vl~ o~ the part o( the MORTGAGOR, o~ (b) in the event any of u:d sw++s of money
hercin ~eferred ro bs not promptty ar+d 1'utty paid within th~rty (30) days ne~ct afrer the tame seve~ally becoms due and p~yaDls, without d~mand o~ r+otlce,
or l~ in the ev~nt each u~d ~veryr 1he stiputaticns, ayneme~», conditions and cova~a~fs of sa,d promisso~y note and th~s mort9a9e eny or ei~her are not
ivly, promprly a~d fully perform~d, d~uhu9ed. execu~~d. ~ifeded. compl~red, complied wilh and abided Sy. the~ in ei~he+ o~ ~ny such awr+r ehe sa~d ap
g~egaN swn menran~d in t~id promisfory nete then remaininp unpaid, wirh inrerest accrucd, ~nd a11 r.wneys secu.ed hereby. shall become dve ~nd pry-
able fathwifh, w thereafter, at th~ option of said 1NORTGAGEE, ~s fully a~d completely as if •II of ~he sa~d wms o( mo~ey wc~e w+gi~e~ly si~puta~ed
to bs pa~d o~ such d~y. a~ythin~ in sud promissory noee or in thFs JNortytys to the contrary norw;tha?and:ng: and ~hereupon or thereaher a~ tht opt~on of
said MORiGAGEE, wirhout notice w demsncl, wir at law o~ in puity, the+~fw~ a thetea(ter begun, may be prosecuted ~s if sll moneys secured hereby
had mawred preor to ~n institutipi.
7• Th~t in tM eve~r that at tM beginnirg of or ~t any time pending any w~t upon ehis Mortgage, a?o ~aecloss it, or to refwm it, or to enforce
payment of ~ny claims herevnde~, said MORTGAGEE sMll apply to the Cov„ having ~urisd+ctian thereof ~w the appo~ntment of a Receiver, fuch Court shall
Forthwith apFwint s rec~iwsr of said mortyay~d property a11 and sinpubr, inclvd~np aU and s~ngular ~he income, proin~, ias.roa and reven~es trom where~e.
wwre de?ived, exh ~nd evcry of which, it beinp ~xpreuly unders~ood, is hereby rtwrtgayed as ii spac~f'rcally set fath snd described in the granting a~d
habandum cl~usp Iweof, s~d such ReteivK shell Mve all tMe bro~d and effetrive fvnct~ons and powen in anywiie entruared by a Court ro~ Recei.er, and
s~ch appointment shall be mad~ by tuth Co~rf u~n admitted equity and a mattsr of absolute rigM to s~id A1QRiGAGEE, and without re(erence to the
adeQuacy or inadequacy ot the wtue of the property mortgaged w ~o ~he sotvtn~y a;nw~vency of sa~d MORTGAGOR a ~he defendann, and that such
ren+s, profits, income, issves and revenues ihall be apptied by such Receiver accord~ng to fhe {ien w puity of said MORiGAGEE a~d the pracr;ce o( sucA
Covrf,
8. To duly, promptly and fully perform, dixh~r~, execute, effect, comptete, comply with and abid~ by each and every the stipulationa, agreemems,
conditiona sno cove~ants in sa~d promissory note ared th~a mortgage set fa~h.
9. That in rM event the owne,sh+p of the mongayed prerr,;ses, u, any pxt thercof. becomes vated in • pe?w~ orher rhen the MORTGAGOR, e1+~
MIORTGAGEE, its successors and ~ui9ns, msy, without notice to fhe MORTGAOR, dtal with such succeaxx or succesaor in imerest with re(c~ence lo this
mortgage and Ihe debt hereby secur«! in th! same mamet ss with Mo~tgaga without in any way vitlatiog d d~schargioy the Mongagori liability Ftire- ~
under or upon rhe debt hereby secured. No sale oi the premises hcreby matgaged.and no fwbesra~ce on the pnrt of the MORiGAGEE or in successws r
or +ss~g~s and no eat~nsion of the time fu fhe payment of the debt he.eoy tecured yiven by the MORTGAGEf or its ¦uccessors ot us~gna, shall operar~
to release, d~scharpe, modify.chan9e or aifect the original liabiliry of 1he MORTGAGOR herein, ~ither in whoie a i~ put.
10. Ir is spec~iicslty agrecd th~t time is of rhe eue~ca of this contrx~ and that no wiiver ol ~ny obl;gat;on hneunder w of the oblipation sr ~
cured hereby shall at any time thtreafter be held to be ~ waiv~? of the terms hereof w of the instrum~nt se:u~ed herby.
11. In acidstion to the forego:ng monrhly paymer.fs of princ"pal and interest requhed by thr prom~asory no!e srcured he~eb/, moctgagor covenams
and ~grees ro pay ro mortgagee M;ith esth momhly payment ~n addireonal sum estimated by mortgagee to be equal to 1,' 12 of thr annva! cost of ihe follow-
ing:
A-A~1 resl property taxes levied w sssessed against the ~bore dexribed resl aute.
B-Premi~ms on fire and windslwm ~nsurance as herein requ~red ro be urried on the improveme~ts situate on Ihe above dewibed premises.
C-Premiums on suth mwtgage guaranty inwrance as mortgsgee s1ia11 from rime !o time deem fit fo carry pn the ban secvr~ herebY-
Martgagee shall from time to teme notify mortgsspr in writing of the ~mouM due and payable herevnder and such sum shall thereup~~ be due and
~ayable on tFK due da~e of the neat monthly payrr~nt a~d each successive month thereafter ur.til mwtgagee shall notify rrwrtgagor ef a change in such
ame~~t. Such sums shali be applied by mortgagee toward fhe payment of real psoperty raxes, insurance prem;ums, and mongsge guaranty insurance
p~emivms•
IN WIiNESS WHEREOf, the said 1NpRTGAGOR has hereunto set his hand and sea~ the day and yeu fi~st ~f
Seakd and detivered in the presence ot: (~r~DR~~D
~~~:.(.l~ ~Yl. ~/L.~D~,~ F1LED 11KD ~
- ST. LOLIE COitNir ~n
` . i1CCEF. P01TRA5
~~ERK Ct~~~~t ~OURT ~ .
RECORD VE+:tf ?ED ~ n
FE Ip II ~H'11
7ATf OF flORIDA
couNrY of ~ . LUCIB ~ u- ~iC ~45`3 ~
eefwe rrw p~son~lly app~and FZaI1C0 Ro9o1 ino ~
.~118~1i:a ROCOli7~ hi~ wife, to me we1~ known and krawn to me ta bs
the ~nd~r~dwis describ~d in ~nd who ~xecuted the forspoirg instrv~nent, and adcrwwled~ed be{or~ me that tFKy executed the same for tF+e p~rpoaes
rherein expressed. Md the ~a~d J~l rfita RACS~l~~
+~~fe of the s~id FZ7ll1C0 Roaolino upon s sepa?~te ~nd p~iv~t~
exam~nat~on by me taken sepu~h and apart from h~r tsid hvsb~nd, aduwwled~ed 1o snd beiw~ me that she e,cecuted said ir~strument treely and votwr
~s~~ly and w~~hout ~ny compu{tioe, cwurrai~t, appreMnsion, or fes? of w from her said husband.
WITNESS my h~nd a~d officid seal th+. g,~~ ~y ~ R U A. D. 19_~
yt ary PuWic in ux! for the Stat~ of F{orida at l~rye
W H 1 t f~ L U~~ V~ My ~uiw~ expires:
t~ ~ DOCUMENTA~'='~STAMP TAX ~~;,,..,i,;; t'. ~MY M1atlr, n~~
~ ~;~o~•~ 3 7., .~IYfY CQ1AM~~,..,~N OF F1.ORIDYI AT ~'E
~ = FEB10'11 ° 0..+~~„ "~`..n • .~:.Jc9 EXPIRES SEPT.
° = 6 9 4 5_ ~~'•••'~~+'~1;,~:~':-~~. r.~~ t~o rk, o~~.~rcup~ 1~
fA V COMPTpOIIEF , _ , ~ -
P6. ~°o13s --t` ~ . . . '
' Q t, i?. ;.ti"r,~{YEO ~ C _ iN PA"NfM OF TJ1xF=
A? ~ w? ~ ~ ~ ? . `;~~.:t. d,'H C~C' It~1A;iG1DLE F'ERSCNiI P;iOPERTY,
• "~;,A+:T i0 Cf'..~.PT=R 2C7:' .:~:S OF 1341.
This fnstrument Prepared 8y John W. ~p
First Federal Savings ~ Loan Association '-~f-' ;.~'~.4~r ~G~R PCI~f;.~.S, C4e~(~ Circud Cuu~t ,
• of Fort Pierce , Rloricis ~~.•4~ ~ent foi CAI;IEL N. KNOWLES, 1R
~/?,:nN~•`~~~, ' St l.ucie Counry Tax Collector
Checked
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DfPUTY CIFRIc
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