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3. To p~xe and cw+tinuaaly kcep on the bui'd~~gs now or haroaher s~tuate on sa~d ~a~+d and on all eq~iNmenl and persona~ly ca'vered by thi~ matp-
age, with all premiu~ns thereo~ pa~d m f~l1, fire ~nsurance in ~he ~i~ai •ta~uie~d po'~cy lur~n, in a s~m aEpro.rd bY ~I~e MU+t~~AVEE, a~~d w~~+dslam
~nsurance in Ihe ~wal iundard pot,cy (wm, in a wm approved by ~he MORTGAGEE, in •uch canpanY or compan,es as the MORIGAGEE may
direth and atl fi~e and w~nclsrorm insuronce poGues on any of sa~d b.~iid,~+y~, any i~~era~t the~ein or pa~t Ihrreof, in the aggrega~e wm afo~efaid w
In exceu therrof, shall ca+rein ~he uaual s~a~~da~d matgagee c~ause w auch o~her cls~se as the Mo~tyagce may reqv~rs, ma?~~~ 1ha Ioss undn sr~d poli-
cies, each snd eve~y, payab!e ~o sa~d MORTGAGEE as ~ts interrs~ may appear, and each ac~d evrry au:h ~.~cy shall 1x p~ompt~Y ass g~~ad and delivered ~o
any heM by u~d ~~40RTGAGEE as fu+~he~ security ro se~d n,wtgege debi, a~~d. not lesf ihan tan (101 days i~i ad.a~+ce o1 the eip~~at~on ol eech pol~cy, ~o da
livs~ to said A10RiGAGEE a re~owal Ihe~co(, to9ethe~ wi~h a rece~pl fw thr p~rnuum of such tenewa~; and ~hrre sha~1 br no f~re o~ .v;nds~o~m insura.-ce
plac~d on a~y of seid bui!d~ngs, any interest ihere~n w parl thereof, unless in ~he form and wi~h the loss payau!e as afo~es6id; aod-in the eveN any sum
of money becomef payable under such poticy or po~rcias said MORTGAGEE shall have thr op'~o~ to rece~vc o~~d app~y tl~e sar~e on account ol the i~xlrbted- t
ness secured heroby or to pe~mil safd MURTGAGORS ~o rcceive a~d ute it a any F~.~~r thr:~wf ior o:~~:•r ~.ur~:st•s v..~ho.~ ih~~~ur w.:~•~`) a~ ~~~~p~~r- ;
ing any equ~ty, lien w r~ght u~drr or by virtue of this mo:!yege; snd in Ihe event smd MORTt;sAGORS thatt for any ~cason (ail lo krcp ~he sa~d ptem~srs s0
insured, o? fail fo de~iver promptly sny o1 said pol~ties ol insurance to sa~d MORiGAGEE, or fail prorr~ptly lo pay tully any prem~wn thcrclw or i~ a~~y
rospect fail to perfwm, discharge, exccuee, e(}ec1, complete, comply wiih and ab~de by rh~a covenanr, o~ sny perr h,reof, anld MuRTGAGEt may p~~ce a~.d
pay (p tuch insurant~ or any part Ihereof w:thout waiving or afiecting any opt~on, lien, equ~ty, w r~gM under or by virtur of ~his Ma~gage, and tht
tull amouM o( each end e~ery such payment shall be immcdiately due and payab~e and s~~el{ bra~ ~nterest trom the date thereof um~I pa~d at the rat~ oi
nme per ceMum per ann~m dil(I 10~~llld~ w~th fuch mter~sf shaii tx secured by the t~en of th~s mo~egage.
1. To permit, tommit u suffer ~o was~e, impairment or detrrlota!iai of aa~d pro~rty w any perl tF+ereof.
5. To pay all snd singulsr the costs, charges and e:penses, mcluduy a?easonable attomry's fee and cests of aban, cts o( I~~le, incurred or paid at
eny ~ime by sa~d MORTGAGEE, becnu:e o~ ~n the event of ~he Ia,iure on the part of ~he sa+d MO~~GaGOR a duty, pro~~+µf1y end ~u~~y p~:iorm: d~uharge
excc~tQ, effKt, compkte, comply wnh and au:de by each and every the s~ipu~at,ons, egrcrmen~a, conduio~~a, and co+enants o~ sa~d pronu;sory nore and this
nortgage any or enher, and sa~d cosrs, charges and expenses, each and erery, shall be immed~at~Iy due and pay~6:r; v.hr~lur or not ihe~e be nonce da
mand, attempt lo collect ot suit pend~~g; and the ~ull ameunt of each and e~e+y such paymenl ahafi vra~ i~~TCreat from 1he da~e therrof unti! pe~d at Ilx
..~+e o~ n+~~ per centum p~~r amiu:n; anc o~l sa~d costs, charges and rz~xnses incurr~d or pa~d, loyrlher ~~th such ~nt~+est, sh.+ll be secwed by 1he i~en o1 th~~
mor~gage.
6. That (a) in the event ot any breach of lhia Mortgage o~ defa..~(t on the pa~t ot the l~10~7G~1GOR, or ~b) in the event any of sa'd sums of money
herei~ referrrd to be not pro~„prly and fuity paid ~~~rhin th:rty (30; days nc.+ a`Rr thc s:,~»e se.cro'ty beco~-,e due and payable, w~Nwut demand w nohce,
er (c) in the e~em each snd every ~he stipu,at,ons, agreements. cond~~~ons and co~enanrs of sac! pro~~~~ssa~y nose an~! th,s mar~gage any or e~~he~ +rc not
~u;y, promptly and f~lly perfo~med, d~scharg~d, executcd, elfectcd, canpleted, compl~ed vr~~h and ai~d<~d Sy, iFxn ~n eaher w any such event the sa,d ag
gregate sum mentbned in sa~d promissory note thrn re~na~n~ng unpa~d, with intr~e,t acuurd, and r~i ~nor.rys setured he~eby, s1~,?~1 5ecome d~e and pay-
ab!e forthwith, or thereafrer, at the op~~on of sa~d MORTGAGEE,_as fu~ty aixl co~nptere~y as il all uf ~he sa~d sums of r.wney wcre ong+na~ly sr~pu;ated
ro be pa~d on such d~y, anything in sa.d pro:n~ssovy eate w in this Mwtgage to thr contrary not,~~tF.st~nd::~9; a:~d thrre~pon or ~h.:reahe~ at the op~~on of
sa:d MORTGAGEE, vvithout not~ce or demand, su~t st law w in eq~~ty, thereiore or thereaieer begun, may be prosecu!ed •as if a!I mo~ey~ secured hereby
nad matured pnw to rts insutution.
7. Thaf in the evenf that at the beginn~ng oi or at any time pending any suit ~pon th;a Mertgage, or to fo~ectose it, or to refam it, or to enforce
payment of any claims hereunder, said MORTGAGEE shait appfy to the Co~n hawng ~~.~sd.ct~o~ the~eof ior the appo~ntn,ent of a Rece~ver, s~ch Ca~rt shall
ferthwith appoSnt e receiver o( said mortgaged proptrty all and sing~lar, inctud~ng all and s~~~y~~ar the income. prof~!s, issues and revenvea from whatever
seurce denved, each and every of wh~ch, it be~ng expressly ~nde~s~ood, n hereby mertgaged as if spec~f,caily set fwth and desuibrd in the graroing a~d
habendum dauses hereof, and such Recener shall have alI the broad and e+fecnve funcT.ons and powers in a~yw~se emr~sted by a Cou~t to a Receiver, and
s~ch appointme~v shall be made by such Court as an admitted equity and a ma~te~ of absol~te r~ght to wid MORIGAGEE, and w~thcut reierence ~o the
ad~quaty p inadequacy oi the value of the property mortgaged or to the so~vency o~ ~nsoiarncy of said MORTGRGOR w the defendants, and that svch
r, ~rs, prof~n, ~ncome, isaues and revenues shafl be app~ied by such Rece~ver accord~ny to fhe ~een w equity ot said MORiGAGEE and thr prau~ce of such
Court.
B. To du!y, promptly and f~lly pNform, distharge, execute, effett, complete, comply with and abide by each and every the stipu;ations, agreements,
cond~tbns and covenams ~n sa~d promissw.y note a~x! ~h~s mortgage srt fwth.
9. ?hat in the event the ownersh~p of the mortgaged premises, or any part thereof, becomea vested in a person other ths~ the MORTGAGOR, the
ti1~RTGAGEE, its S~Uc510fS and assig~s, may, w+thout ncT~ce to the A10RiGAOR, deal w~th svch successor a successw in interest w~th refe~ence to this
mo•tgage and the debt hrreby secured in the same mannet as wnh Mortgagor witF~,:ut in any way vitiating O? discharging the Mortgagori liabiiity herr
~~der or uFwn ~he debt Firrebv sec~red. No sale of ~he premises hc~eby mor*gaged and no forbearance on the pan of the ~J10R*.GAGEE w its wtcessors
or ass+gns and no extens:on of the tinx for the payment of the debt her~by secu.ed given by the MORTGAGE; o~ its successnrs or au:gns, shall: operate
to re~ease, d.xharge, mod~fy change w affect the orig~~al iiab.;,ty of ~he MORTGAGOR here~n, either in whole or in part.
10. lt is speuf~catly agreed that time is of the essen~e of this cont~act and tha? no waive~ of any ob~~9arion hereunder w of the obtigation sr
cured hereby shafi at any time thereafier be held to be a waiver o! the terms hereof or of the instrument secured herby.
11. In add r.~~ to tne forego ng month!y paymems o! p::nc pal and interest required by the prom~sscry no!e sccured hereb~, mortgagor cover.ants
acd agrees +o pay ~o mongagee v~~rh each monrhly pay~nem an add~r~onal wm est:n•ated bf mo~tgagee to be equa~ to l. 12 ef t6e annual ccst of the follow-
A-:aft r~a! properr~ ta,ces ~evied or assessrd aga~~sr ihc above descri5ed reat estate.
B-Pr; T.~u- x on f:re and .v~ndstonn insuracce as nere~n .equ.red to be carried on the :~:+proveme~ts s[tuate on the above d~scr~bed premises.
C-P.e~~~or~s on such mo-tgage gua~anty ir.sUra..ce as mo~tgagee shall fror*m t.me to r~me deem fit to carry o~ the toan secure~ hereby.
Mortga~ee s~:. ~`•o-n nmc to time no+;1y mortyagor irt wnnng of the am.ou~t dve and payable hereundrr and such s~~~ shail thrreupon be due and
;a~able o~ t%~e cive oa~e of the next month:y payment and each successive mo^Th ~hereafter u~:til mertgagee shal! notify mortgagor of a cha~ge in such
~-ount. $uch s~~-~s s~a:~ be aop:~ed by mo~tgagee toward t'~e payment of rea: prope~ty taxes, insurance prem:ums, and mortgage guaranty insurance
c•emiums.
~ IN WITNESS '.~HfREOF, rhe said MORTGAGOR has hereumo ut h~s hand and seal :he day and year first aforesa+d.
!
~ ~ S~yned, Seated a~d de!ivered in the esence of:
's (Sea~
F
E V ~.~lah
~ I • I
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a (Se~q
B "
~ ~;ATE OF FIORIDA
~ St . I,ucie ~ u'
~ =ouNn oF
~ Befwe me perwnally ap~ •ared Joseph 8tiigene Parrish s~
~ JOdT1fl@ ~1~8I1 Parrish his wift, to me well known and known to me to be
~ rhe individua:s described in ar ~ who exec~ted the foregoing instr neM, and ecknowtedged before me that they executed the same for the purposes
~herein e:pressed. And the said_ JO~T~1@ ~11i8I! ~SY?~$h
~ +~~{e of the .a~a Joseph Eugene Parrish uQo~+ e sePa~ate and pr~~~~t
~ e¦amfnet~an by me taken sepa~atr and apart from her sa~d husband, acknowledged to and befwe me that she executed said i~strument treeiy u~d volur?-
~ rardy and w~~hout any comp~ision, constroint, apprehens~on, or fear of or from her sai husb d.
7~
~ WITNESS my hand and offiual seal this__- ~~~~l~ _ day of A. D. 19
Notary Fublic in snd for tFx Sts~t of F{orida at Lar9e
` ' ~t~lttt My Commission e:pirts:
~ Retum To: , • • ~~N ~ NM?~4~-,i'=~ ~A~ ~ ~ ~ Q
? First Federal Savings i loan Aasotiat~on ~~~F~,~~~~?i~ IWY C~MMISSlON EXPIRES SEPT. 19».
((i v i~ ~ t~~ F~ r.
~ Of iorf P.erce. ~ ~ `i~
~ fort P~erce. Hr~ri(1e :~~Q,.~(~ t~ S
~ : Q:~ p . ~ f1~E0 Ay0 RECORQEO
,,r : ~ .
~ . ~ ~.•~h = ST. WCIE COUN1~ FIA.
~p :K.;; C ~ ROCER POItttAS
:~M s!= i~ J.~ = f CLERK CIRCUIT COUII
~ Th~s Instrument Prepared By J~ D~- ' ~v, aECOaG YEa~FiEo
~ First Federal Savings b loan Association t., •
~ of Fort Pierce ~ F10T1d8 ~J'~~;*~:
~ : ~ io 2z aM ~t~
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~ Checked _ • , : 20`.i~~~r
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