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3. To plac~ and conti~uous~y kteF on ?he bu~:d~ngs now w herca(ter ~1~uate on ~a~d ~and and on all equip~nenf ~nd perso~ally covered by ~his mor~g-
s~~, with •II prem~uma thereon pa:d in full, lire insurance in the uwal ifandard poi~ty Iorm, in a sum approred by Ihe MOR+GAGEE, a~~d w~ndsto~m
insurance in tM vswl s~anda~d pol~cy ~orm, in a wm app~oved by the MORTGAGEE, in such compa~y or canpanies as ~he MORTGAGEE may
direct; ~nd all (ir~ and wiodarorm insurar+ce poGUes on any of sa~d buiid~nfls, any interes~ there~n o~ part ~hereof, in the aggr~gate sum alwesaid w
in t:cei~ ~heroof, ihall contain ~he usual sta~xlard matgayee ciause or such otixr clause as the Matgagee may reyu~re, mskir+y the loss undrr sa~d poli-
ctes, each and eve~y, payab!a ?o said MORTGAGEE as ~~s in~erest may ~ppear, and each and every such pol~cy shall be promp~ly ass.g~ad and drGvered ~o
•ny held by s~~d MORiGAGEE as iurthe~ setu~itY fo ssid ma~tgage drbt, and, not less ~han ten (10) days in adYance af ~he expirat~on of each poi~cy, to de-
Gver to wid MORTGAGEE a re~+cwal thereof, toge~her with a rece+pt fa the prem~um of such ~CneWra~; and ehere shail be ra f~re or winda~ofm insur~nce
pl~ced on ~ny of s~~d build~ngs, any interest the~e+n w part thereof, untes~ in ihe form and with ?he loss payable as ato~esaid; and in the eYenl any sum
of money becomei payable under such policy a policies ~aid MORTGAGEE ~hall have ~he opr~on ro rece~ve a~xl apply the same o~ aaount of 1he indebted-
neu secured Aereby w ro permit ia~d MORTGAGORS to reteive and use i? w any part ~he~~f io~ ori~cr purF•;,ars, v.~~ho~t ~fi_n u~ wo+~: or in,~u-
iny any equ~ty, lien a right under or by virtue of this mo:!yage; and in the evcnt sa~d A10RTGAGORS shall ta any reason tail to keep the sa~d premisrs so
inaurcd, o? fsil to dei~ver promptly any of sa~d pol,cies of insura~+te !o sa~d 1i10RTGAGEE, or foil promptly to pay fully a~y pre~»~~~n the~rfor or in a~y
respect iail to perform, d~scharge, e:ecute, effect, cat~plete, comply with snd abide by this covena,if, w aoy parf hareof, said MORTGAGEE may pi~ce and
pay fw such insuranc~ or ~ny part thereof without waiving a ~ffectiny any oFt~on, lien, equ~ty, o~ righf under a by virtue of +his Mortgage, •nd Ihe
full amoum ol tach and e~ery such paymem shall be fmmcd~a~ely due and payable and sha~l brar tntcresi irum the date the~eof u~~~il pa~d s~ the rate ot
mne per cenWm per annum and to~ether Nith such interest shaii be secwed b~ the litn of th~a mo~t9age.
1. To permit, commit or suffer no wa~te, impairment or deterioratio~ of said property w any part thereof.
S. To pay a~l and singufsr the costs, charges and expenses, including a rcasonab!e attwney's fee and cos~s of absrracts of Ntte, incurred or pa~d et
any time by sa~d MORTGAG.E, because o~ in the evem of the fm~ure on Ihe part of the said A10RiGAGOF to dvly, pranptiy and fu~ly pzrtorm, d~tcharge,
exrcute, etfect, canplete, c~mply w~~h ar+d ab:de by each and every the st~pvlat~or~s, agriYments, co~d~hons, and covenanes o~ aa:d pran~ssory nete and th1~
mw~9aye any w e~~her, and sa~d costs, charges and eapensrs, each and every, sha~l be immediate~y due and paysb'e; whr~her or not thrre be nonce da
mand, atte,npt to co+lect or suit pendi~g; and the (ull amouM of each a~d e~ery such payn,em shali bea~ interes~ lrom the date the~eof ~ntil paid al tht
.afe o~ n~ne per crntum per amium; and all sa~d costs, charges and r¦F,e~urs incurred w paid, ~oyether w,~h such ~n~eres~, shatl ba secured by ~Fx i~en of thif
mort9aye.
6. That (a) in thr event of any brexh oi this :No+tgage or defautt on the part of the MORTG~IGQR, or ;b) in the event •ny ol sa;d sums of money
herein referred to be not prurnp~ly and fu:ly peid within thury t30) days Rex~ a`te~ the aame severa!fy beco~ne due and payab!e, witho~t demsnd or notice.
or (t) in the event esch and every the stipu~atwres, sgreements, cond~f~o~~s and covenanra o! sa.d p~~~:.~~ssory note and th,s moi~gage any a e~ther are not
~uty, pror+eptly and f~lly perfarmed, d,scharged, eaecuted, elfected, comp~eted, compGed w~ih and ab:d~•d `~y, ~hen in e~the~ or any such evem the sa~d ag
3regate sum mentior.ed in said promissory no?e then remai~ing unpa~d, with interest accr~rd, ar.d a~l moneys secured hereby, shall brcome due and pay~
ab:e }orthwith, w thereafter, at the option oi said MORTGAGEE, as fully anci compiete~y aa if ali of ~hr sa~d wms of money were or~ginatly stipv:ated
tc be pa.d on socl+ day, a~ything in sa:d prom~sso~y nete or in this hlo~tgage ta the controry no~w;thstand~ng; and thereupon o~ thcrcalter at th~ opnon of
se;d MORTGAGEE, wnho~t ret,ce or de~nand, suit at law or i~ equ~ty, thcrefore or thereatter begun, may be p~osecuted as if atl moneys secured hereby
n~d mat~red pnor t0 ~13 ir.st~tut~on_ _
7. ihar in the eve~t that at the beginning of or at any time pendi~g any suit upon this Morrgage, w to faeclose it, or to reform if, or to enforce
paymrnt of any cia~ms hr•eunder, said /AORTGAGEE shail apply to the tourt having ju~isd:c~~on ihereol for the appomtmem of a Receiver, such Court sball
lorthwith ap~+nt e rece~~er of sa~d mortgaged prooerty aU and sing~lar, includ ng atl and a:ng~iar ti~e inco~ix, prof~~s, issues and reve:+ues Irom wfiatever
so~rce deri~ed, each and every of wh~ch, ~t ~e~ng express+y unden~ood, i~ hereby mortqaged as ~f spec~f~cally set iorth and dexr~bed in the granting a~d
habendum c~auses lxreof, a~d s~ch Receiver ahall have ail ~he broad and eifective iunct;o~~s and pov`ers in anyw~se emrusted by a Cour~ to a Receiver, and
s:;ch appoin!men~ shali be made by such Couri as an adm~ned eq~ity and a mattrr oi absoi~te r~gh~ to said MORTGAGEE, and w~~hout rete:rnce to the
adequacy w inadravacy of the value of the property mortgaged or to 1he so:vency or insol.ency of said MORiGAGOR p the defendants, and thal s~th
re~n, profrts, inco~ne, issues and revenues shall be applied by such Receiver accord~ng to ~he Gen w eq~ity of said MURiGAGEE end the praUice oF such
Court.
6. io duly, prompNy and fully perio~m, d+scharge, exec~te, effrct, complete, comp~y w~th and abide by each and every the stiputations, agreements,
condif:ons and covenanra m sa~d promisswy note and th[s mortgage set fwth_
9. That in the event the ownersnip of the mortgaged premises, or any part thereof, becomes vest~ in • person other than the MORTG.IGOR, the
MORiGAGfE, its successors and assigns, may, w~thou~ nonce to the A10RTGAOR, deal with such soccessw a wccessw in interest wiih reference to this
mortgage and tF~r debt herrby secured in the same man~er as with Mortgagor w~thout in any way vitialing o~ dacharging the Mor~gaguri liabibty herr
un~er or upon the debt he:eby s~~cu~ed. No salr of the Fremises he~eby mortgaged and no fortxarante on the part of the MORiGAGEE or its suctessas
or ass~g~s and no eate~s~on of ~he t~me for the payment of ~he debt hereby secured given by the MORTGAGEf oi its svccessws or assigns, stiall operate
io ro~ease, d~scharge, mod+fy change or aftect the or~gmal I~ab:i~ty of the MORTGAGOR here~n, either in whole or io part.
10. It is speuf~caHy agreed that time is of the easrnce of th~s contract and that na wai+er oi any ob~~ganon hereunder or of the obligaYan se-
c~red hereby shaU at any time thereafier be held to be a wawer of the terms hereof or of the instrument secwed herby.
11. In aod f:~-+ !o ~he forego'ng month~y payments of princ pal and in+erest required by the prom~ssory no!e secured hereb~, mortgagor covenants
nnd agrees to F~ay ro mo-fgagee v~dh each munthiy payr.ient an add~~~o~al sum esr~~~~ared by murtgagee to be eqvai to 1 12 of the annual cost of the follow-
n5:
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i A-Alt r~al property tatirs levied or assessed agai•,st thc above desaibed rea) estate.
j B-F~,^-.::~s on f~re and w~ndstorm ~nsurance as her~~n reqv:red to be carr~ed en the ~mprovemeits situate on ihe above d_scribed prem~ses.
~ C-Vrz~n:,,:r•s o~ s~ch mo-tg~ge guaranty insurar.ce as mo.tga~ee sha~l fro+r + me to t~me deem fit to carry on the loan securrd hereby.
i ARortgagee s~a~~ '+cm ~tme to r~me not~(y morrgager ~n wr~nr.g of the anrou~t d:,e an~ payable hereundrr and svch sum shall thereupon be due and
; ~ayable on the due aare of ttie rtext month!y payment and each successive :*on!h ~hereaft~r ur,t~l mo~tgagee shall nohFy mortgago~ of a change in such
a•-ount. Such sums sHa,t be apc~ied by mortgagee toward the payment of real preperty ta,~es, insura~ce prem.ums, a~~d mortgage guaranty insurance
:~•emiums.
~ W\YITNESS HFREOF. t sa~d MJRTGAGOR has hercuntc set h~s hand and sraf ?he day and ear first aiwesaid. ~
~ _ S~gned. Sea e" i in t ce of: LJ~ n
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STATE OF FLORIDA 1 _ ' w 1 O"+`~ _
~~uNTr oF St. Iucie ` ss. , .~eJ
befae me personal!J~ aP~ ared ROb@I'ti B• BLl '~4 •'c~~j,
~ ~Xl@ L8A BL1IY@~ , , r~ 1
~ _ his wi(e, to me well kr~i_.-' ~i~Nqy~~f. ~•to`be t
!hr individwts desvibed in and who executed the fore9o~ng instrument, and acknow:edged before me that they exec~ted ~he sael~e fOr~t~! purpoaes
~ ~herei~ exp~cssed. And the uid _ M~e ~@6 ~111'1i@~ t
~ Robert B Bun~ell
+v~~e of the said - • - upon a sep~ra?e and p~iwt~
~ e:aminat~on by me taken xparate and apart from her se~d husband, ackrwwledged to and be~o~e me that she execwed said ins+rument freety and volurr
~ ra~,~y and w~thout any compulswn, canstraint, apprehens,o~ or fear of o? from her ssid husbsnd. 71
T/[
- WITNESS my harul and offic~al ual this_.~___ da~ of ' A. D. 19
_ ~
4-' Nots ubS~c in and for the State of fbrida d l~rpe
~ / My ommasion expires:
Return To: ~
" First Fcderal Savings 3 Loan Assotiat~on
~ f Lt1Ruf
Of Fort P e-ce " - '
. . iJ~ t
~ Fwt P~erca Flor~da ~
~ 20 ~40
~
~ II~fO ANO RECORQ~O
This Instrument Prepared By J. D. Chast8iT1 sT.lUC1E COUMT~ t~"'
~3 First Federal Savings b Loan Association R~E~ ~~T~A:
~ of Fort Pierce~ Flotida CIERK ~~~~u~t ~W~T -
IIECORO YEp~FlEO.~•---
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~ Checked By ~ g 10 2T ~H'T l :
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3:~- aoac~~ 2~.5 ' i~s
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