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3. To p~ace ar~d conrinuoualy keep on ?he bui:dmgs now or hereahei ~~tuate on sa~d land a~d on al1 eq~~p~~~em and personatly co~ered :~y ~H~• mor~g•
ege, with all p~emiu~~u ~hereon pa~d m lull, fire insurance ~n Ihe uwa! sTO~,d~rd pot~cy form, in a~um aNp~u+ed t~v th~ MVR~:,•~~CitE, a~.d w~ndito+~n
~ns~rance in the uwsl s~an~a~d poLCy iorm, in a wm •ppro.ed by rhe MURiGAGEE, in such comy~any or con,p~m~s as ~hr A5JRI~~AGEE may
d~reU; ~nd all fir~ and windsto~m insurance polities on eny of sa~d bu~~d~ngs, any in?e~ea~ the~cin or ~~art thr~ro~, in the ~gg~~~y,~e sv~~~ atoresa~d o~
in extess Iher~of, ~hall contain Ihe usual itanda~d mortge9a~ tlause w auch olhe~ t~ausa as the Mortyayee may reyu:re, me?ing the icae ~ndrr s.~~J poli-
c~~s, ea<h and every, payab~e ro smd MuAiGAGEE as ~ts in~rrr~~ mey appea~, and each and every such ~~o~,cy shell br pron,NUy ass y~~eJ d ir.~.rr.•d ~o
~ny held by aa~d MORIGAGEE as (w~her secur~ty to ssid mortga~e dabt, a~~d. nol Iess than ien (i01 d.+ys in ad.ance of ~he e¦~~uanon of each f,~!«r, ~a dr-
Lvar to sa~d MORtGAGEE a renewal ~hereof, logether with a rece~pt fw the premium of s~ch renewa ; end thero shail Lr ~~o f•re u• .v! ~•.is~~ ~:,s~~ance
placed on any of said build~~~ge, any interest Iherein or psrl fhereof, ~nlrss in the form and with the lo» payable as afcresa~d; and ~n the c.rnl ery~ s~rn
of money beconxa payable under such polity u pol~cies faid MORfGAGEE sheil have rha opt~on ro retr~.e ~nd ap~~!y !he iame on acco~~~t o1 thr u~J~•btrJ
ness secured hareby W ta permit aaid MORTGAGORS to rKetve and us! it Or any parl therrol to• ot~:. r F:w, "t~•s. v..~~,:.t th a~
~^4 a^Y ~Vu~ty, iien w right unde~ or by virtue of this mo:tgage; and in Ihe event ta.d MORTGAGORS shafi fo~ any re.~so~ (.+il to kren ~h~ sa~cl p.c~n:s~~s so
~~~su.ed, or fai{ ~o deliver pranptty any of ssid pol~eiet oi inw~ance ~o aa~d MORTGAGEE, or fa~! pro~„ptly to ~~ey fu.~y enr ~ur,~~~_~:n th.•retor or ~n e~~y
re~FCCt Iai! to perfwm, d~scha~qe, ezecute, effeU, coo~p~ate. comply wiih and ab~de by tl:~s covenenl, o~ a~~y pa~~ hereof, s-.~d h1~~R~GtiGtt ~~~ati p,aca a•~o
pay fo~ auth insurance or any part Ihareof w~~hou~ waiving w afiecting any opnon, lien, equ+ty, oi n~ht vndrr o~ b,r v~~!~e o1 ~h~i A\a+y~~r. and the
f~.~l a~nouM 01 eatA ar+d every such payment shall be im~nedmtely doe and payable and shall b~a~ ~n~ar.at fron, thJ date th.r~ot ~~~nl F:~~d at ~hc ~o~e o1
~e per cenr~m ~r ann~m and togr~her with s~ch inter~s~ shail tx secwed by the ~~en of th~s moctgagc.
1. To permit, commit or suffer no waste, impairment or deteriorat;on ol said property w any part the~eof.
5. To pay afl and singular the co~ts, cM~qes and expenses, includ~ng a reasenab!e al~omey's (:~a .~~,d ccs~s of eb~rr.u~s of irr. i~,c~,nrd o~ i~.~~J
.,~y f6,•e by sa~d MORTGAG:E, beca~se or Ihe evem ot the f,~llure a the par~ of ~he sa~d h\pRiGAGOR ro d~~y, p~o,~~,~ly and f.,:~~ E~~~lor~n, J~schergr
_.ecute, e~fed, canplete, comply w~th and eb.de by each and evu+y the anpv~e~~ony agra•e;nents, cond~nons, and to~e:~~~~>s of s.,:d ~:~o ~.~,~o,y n:nN e• d~i ~
:rrgage any or arher, and sa:d cost~, chaigts and expensea, each and every, sha!1 kx immcd~.,~rly due and wh.~ih~•. or n~~ ;h~•~e be ~~~~!•cr d••
;,,,•~d, attempt to co11Kt or s~it pe~d~ng; and the full amount oF each end e~ery suth pay~irnl S~~JI~ tj@D~ mrrres: f~am ~he derr thcrrol unh~ He~J at tr~e
, r: nu~e p,~r c~ rum pe~ an~~~:n; and elt se~d costs, chargrs and ea;.rnszs ~ncw~ed or paid, ~sx~etl~ar "„th w~h u~te:~st, stuA t,e s~•cw~J by the ~~.•n of ~h.i
r.o~ tg ege.
6. 1ha~ (a) in ~he evenf of ~ny breach of Mis Mo~tgage or defa~lr on ~he part o+ ~he ,ti10RTG ~GOP.. o~ ,b) ;n ~ha evr„t any of d s~ms o( mo~~y
Fcr~•~n retr~rrd to be not promplly a~d futly paisl within fh~rly 1301 days neat arrcr the ea+~~e screra:ly Gr.v~~e due and payaL!r, w~ti~•,~i dr•na~~d o~ net~tr.
or ic) in tAe e.en~ each and every the stipu:af~ons, agreemen~s, co~~d~s~or.s and covenarta of sad p~o~~~~ss.,:y r.o~~~ a~~~f ih.s murrg;ge a~~y or e~~~~er are no~
~.~'v. pro~»ptly and tu1,y perfo~med, dscharged, rxecuted, elfKted, comple~ed, co~np:~ed w~~h and ai;~dcd Sy, then r,rhzr o~ a~~y slch even+ ~i:e se:d ag
~~ryat¢ sum me~.r,anec! fn sa~d promiiio~Y note then re~na~ning unpa~d, with ia~trrest acuued, ar~d .i.: nx>r.~•,s seCUred hr~eby, S1~a~l t~.cu~r,a d..e a~~d pa~
eo.e to~tAwith, or therej!ter, at ~he opnan of sa~d MflRTGAGEE, as l~ily and complr~rly as if a~f o! s.,:d su~ns of m~nry w~•~e c~~g:~~a'.y sf E,~.ercd
~o be pa•d on s~ch day. anyth~;~g in sa.d pre:mssory ~ote or i~ this Mor~gage to tha con+rary not~n~thstand ng; ;in3 ~he.r.~~:o~~ or ti:,;«a!~or a~ ~he o~~~.on uf
s~d AIORTGAGEE, v~.~ho~t nohce or demand, suit a! law or in eqv~ly, iherefore or ?herrafter beyun, :nay be prosecuted as ~t a!1 m;;neys secwed hereby
~,:d meturzd p~~Or ro ns insnt~ron.
7. That in the event ~har at the beginnirtg of or at any time pend~ng any su~t upon eh;s Morrgaye, or to forectuse it, or to refwm ir, or to eniwce
;v.~~ent of any cl,~~ms hereunder, said AlORTGAGEE shal~ appty to the Coun ha~~~g ~vr~~d:ct,o~, th~i~ot for th~ apyo~nt+mnr ol a Recr~.e~, s~:h Co~n shw~~
rhv.~rh appo~nt a rece~~er of sa~d mortgaged prooerty elt and sing~tar, inclvd ng a~I a~~d s~~~yular iF,e ir,ccn,e, p~ofds, ~ss.;es a~~d rr.rer~u,•s tro:~, wh.~rr.er
s:-. -ce denved. each and every of wh~ch, ~t be~ng ta~pressly unders~ood, ~s he~eby morfgaged as ~f ~p~,}~~aity set for~h and descnb~rd +n ~he g~ane.ng a~~d
h,t,e~xl~m ~'a~s~s ~rreof, and s~ch Rett~~er ~hafl have a11 the br~ad arxl effect,ve fonct,ans and powers ~n an~w~sc emrusfed tv r Co~~t to a Rec~~ver, a:d
s~•:h appoinrme~~t sfiail be made by such Court as an ad:nitted eq~~ty a~d a matter of abso:ufa nghi ~o s~~d htORiGAGiE, a~,d v.~:h~ut rrter.~~~cr ~o ~~~e
+,.-':~qvacy o~ inadeqvacy of the value of the praperry morrgaged or ta ~he so!vrncy or ~nso~.ency of sa~d MORiGAGOR o~ N~e ~+~tr.~d~+~t5, ar.d ~h~: s~ch
~~a. pro4~n, inconze, ~ssues a~d revenues shall be appi~ed by such Receive~ accord+ng to the fien or rqu~•y of sa:d RtOR7GAGEE and ahe pr3U,te of s.ch
~ou:t.
B. To d~ly, prompt;y and fully pe~fo~m, d~scharge, cxccute, effect, compfete, compl~ w~th and abide by each and every the st~~u:ations, agr¢~n,rnts,
_:::d~rans and covenanrs ~n sa~d pra~n~ssory note and tb~s mcrtgaye set fwth.
9. That in the evem thc owne~sh:p of the morrgaged prem~ses, a any part thereof, 6ecomes vested in a person o+her than th. MOR1GAGpR, the
:':'CTvAGEE. i+s successo,s rnd ass~gns, may, w~thout nonce to the MORTGAOR, deal wnh such s~ccessor w s~tcessw in imerest w~th reterenr_e to th,s
_ tg~9e a~•d ~he d~ b~ ~ereby secured in the same mar,~er as w~~h Mortgagw wrtho~t in any way vit:a+ing or d~scha~q~~g fhe Mortgsgo~s" tiab~lity herr
..e: or upcn thc dcbt F.~~;e~y securpd. No sa!e of the ~•e~ncses hc~eb~ mo.tgaged ar:d no 4crbea~an~e on ~he part o~ the /AORiGAGEE w its successo~s
asvgns and no e>ters~o:i ot rhe +~me for the payment of the deb~ h-.cby secured given by the MORTGAGEE or :ts successors or ass~gns, a~~a!1 operate
~o re~ea:e, d~scharge, mod~fy charge or affect the ong~nal Gao sny of the MORiGAGOR herem, erther ;n a,hole o+ in part.
10. Ir is sperf~ca;iy aorred tha~ time is of the rsse~~ce of rh~s conrrac! and that ~o wa;ver ot any ob~ gat~on hereunder or of the ob•.igat;on se-
c:,red hereby sha'.: at any time ~hereafie: be held to be a wa~ver of ~he te:ms hereof or of the insrr.,ment secured herby.
I1. In acid +ne for~~e ~~g ~•omh'r payments of µ inc pai and imc.est reaw~rd by ihe pro~r sscry nc'~• sec.•rd hr~_b:. ~ner~ya3o• covenarns
a_rees ~o ,ay ~o ^.c ~3aqee v~~`h each monih"y pay~•ent an add>~onat sum es~ ~~.a~ed br mo~rysyee to be ey.,a~ to ! 12 0! ti~e ~m ,ai cosT ot the iaiox-
J v
A-A'i .ea! Hropcrti taxas fer~ed or asseszed ag~~~st the above descn'c,sd-rea~ esrare.
B F•,^ ~••s on !~•e and windstorm insu~arce as nerein r~~.red to be carnod on the ~ceproveme~ts s:t~ate on th~• above d_scr;t;~d pre~n~ses.
C-Pre•:..~=-s u~ s~ch mortg;ge gua+anty ~r.wra~.ce as mo~tgagee sha~l froT tme to r~~n~ drem fit ro carry on !he ioan secured hereb~.
ilo+tga~ee s^~ ~`•em t~•ne to t,mt no}~fy mo-tgagor wr{t~ng of the a~--ou~t due and pay~ble he>eundrr and such s~~. sh.i!f thr~eu~un dve and ;
.ab!r o~ the d~e eate of the neat mo^th:y payment and eath suctessivt month tFerealter ur.ti mcrtgagee shall not,{y mo~ty,3or ot a t~~an3e in wch
~~nT. $uch swrs 5~3.! be app:~ed by mortgagee toward the payment of rea+ property taxes, insu~a:ue prem.u:ns, a~d n:o.tga9e g..aror.ty insurance
-niums.
~N ~'.iitiE~S `:.HE+2EOF the sald MOR?GA(',QR has hereuroo set h~s hand and seai ~he day and year fin~ aforesa~d. .
Signed. Sea'ed and delivered ~n the p~esence of: _ ~
_ f tlCO A'~'~ REGOR FIA. ~ '~~(~E~+t-
. uc~c. cou~+~Y
Sj"L ~ ?~iTRAS _(Seeq
~ ti~cwt cova -
CIEF VEF,f1E0 lsea!)
~lECO~~ ' * i5eaq
j. S'=,TE OF FiOR10A ~~8 1' I~,~ 2~~L~JU?
ST . UJC 1 E ss '
:.~u'~TY OF I
ser«~ ~ a.s«,~,~,, appeared _ ~~le A. Parkez . a widow ` ~
- ~o me N•eR known and known to me to be
e~r.d~ridvals destr~bed in and who exec~ted ttw fwegoiny instrurrkM, and acknowSadged betwe me that they executed the same for the purposes
~~.e.rln expressed. ~~e~helr~a~f~ -
WITNESS my Mnd •nd ofiicial seal this day or__~___ Febzuarv _ A. D. 19
~ T
_~1~s~~i- -~.U~ _ ~~.(-~-2Y~~ - - - - -
Notary Pub4c in end fo• the S~are of Fior;da at large
My Comm~ss~on exp"~res:
Reru~n To: : • ' . , ~
F~rst Feder~~ Sawin4s a loan Associat~on NOTARf Pt1BUC, STATE Of ftpg~p~ AT URCt
• Y~, . MY C^!4F±IS~:`)N EXPlRES SEp7. 1q73
O~ Gcrr P rc! ~ .
BO~IDfD IHRU FRE~ W oi~sr~
Fctt F:~r:e. Fir~r,di _ . _
This Instrument Prepared By John W.~~~',rO2litts '
First Federal Savings d. toan Association '
of Fort P~erce, F lor ida rf
„~~?,~.ti;,.~,
; Checked BY
~ 3o~~19U 40?
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