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9. To plact and corHinuo~siy kcep on the bu~!d~ng~ now or hrreafier ?~luete on said land and on alI eq.:~j,:,~em a~~d perio~.ally cavr~ed by this mortg-
ege, w~th ali ~rmdumf ~hercon ped in iull, fi~e i~~suroncr ~n ~he ~sua! sta~idard yo'~cy fu~m, in a wm ay.yiu~„J by ~he A1uk~G:~GEt, end winditor~n i
~n~urance in ~he usual s~e~,da.d pot,cy fam, in a~um approvcd b~ the MQRIGAGEE, in sud~ canpany o: com, an:ei a~ ~he h:ORiGAGEE may
di~ecl; •nd all (ire a~id w~~d~iorm ~nwra~~te pol~cirs on m~y of soid kwild~ngs, any inlrras~ :hr~ein or parl thc~eo(, in rt~e ayg~ryore ium aforefaid or ;
in excets Ihc~eof, shafl conta~n the usva! ~ia~~JarJ n,wtyagee c~ause w tiuch o~her dause as the h1o~~y~yce mey req~.ro, ~»aA~ng tha +oss ~Mlor sr~d polr '
cles, tuh snd every, payable to sa~d I11uRIGAGEE as ds mterest niay a~ear, snd each a:~d every ti~ch p~~~cy sh,~ll be pro~nNtly au g~~rd and deGverrd ~o ~
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any held by sa~d ~10R?GAGEE ai (~~Iher srturity to 7eid mo~tg.;ye debt, and, not les3 ~hen t~~n ~101 deys u+ ~dvance ol Ihe expuo~~on o1 c~ch pOliCy, f0 da
Lver t0 3aid MORIGAGEE e ~e~~cwal Ihe~eaF, togethfr whh a~cce~pt for the p~em~um Of suth ~e~~i~ha,; a~~d there ~h~ll Le ~:o I~rc w v~inda~ono insvronte
p~ated on any ol sa~d bvi!d~ngs, sny intcresf therem o~ pa~l therca(, un!ru in the fonn anci w~~h tFe loss psy.,b!e as afo.esai~; and in Hm evcnl any sum
of mo~ey become~ payablr under i~ch policy or poficios sa~d MORTG.~GEE sh.,ll I~eve ~he o~,t.o~ to rec•_~ve .,nd ap~,!y tl~r sa~~:c on accuu:,~ ol the ~~~debfed~
nesl ~KU~ed hl~Oby Cx t0 permit Sa:d ~dORTGAvOR$ to rcGrive snd uS! il W any uart tlo~•: •r~~f io~ o:~~~ ~ ~,ur~ „s~ s. ...~1„~ :t th :r cr.p~er-
ing any equ~ty, IiQ~ or right under a by v~rtue of this morr~rye; a~~d in ~he eve~t ia,d M~~iIGAGORS sha!1 for any ~eason (all to kcep ~he sa~J p~emis~•t so
~nsu~ed, ot iail to detiver pr~npfly any of said poLues of inswa~~ce to se:d h~ORiGAGEE, or f.,~; p:on~p~iy N ~~ay i~i.y any i.:c~~~,.:m thcreiur or in any
rrspect fail ~o per(am, dncha~9e, e~ewre, e(fec~, complete, compty ~vi~h a~~d abide by ~h~s covcna,,t, or a~tiy p.+r~ hveoF, s•~~d A1l~R1GAG[t may piace s~~tl
p.+y foi such insu~ance n~ ~ny p~r1 ~hereof wuhout ~vaiving or af(ecti~x~ any op!~on, lien, equ~~y, or nght u~,de~ o~ by v~r~ue of ~hES Alortyage. •~d the
full amounl ol each and e~ery such paymenl shall kx ~mmed~a~ely due and peya6~e and sh,~ll b~~ar mtcr,s~ I~c;rn Iho date ~hcrcoi untif p~~d a~ thr rate or
~~~ne {ier ce~~um per a~num a~sd tu~rth~~~ .arth wth inta~re~t sha{i ~uc~ srw~ed by 1he Gen ol fh~s mortg,~ye.
TO permit, tommi! O~ ~u}1e~ no w.~ste, impai~n~nt or detc~iora4on of said property or any parf tl~~•rrof,
S. To psy all and singufar the costs, chargcs ~nd expenses. ~~:lud~ng e reasonable aito~.,ry's fer ;~~J ccsh of obstr,cts of t~+~e. incurred or pa~d e~
nny time by aaid MORiGAG:E, btcause or in ~Fu evenf of the fa~i~rc uo ~ix part of lhe said MOkTGAGt?R to dufy, p~o nNt:y end lu:ly prifprm, d~sciiarge.
e+~ecute, effect, canplere, cornply w,rh and ab.de by each and every ~he st:p~iar.ons, ay~r~~~~;~~~ts. co+~Jniana, and <o~e:,a>>ts o~ s,,~d ~:~~nu;serr nofz and ~h~~ r
.,,or+gage any or e~the~, and sa.d costs, cha~yes and expe~~ses, each enJ evrry, ahail br in,~•~.d,,,tety d~e and ~.ay„l::c; v.h~rher or not thrre be not~re da ~
~nand, attempt to coUect or a~it pend~nq; and tht (utl amount of each and t~ery svch µaynt.•nt sha;i bea~ L,r•,rei: irom f6e d~te ~hercof uotii pa~d at tht ~
~.ve of nine per Crni.,~n j+~•r a~~nc.n; ane' rll saiJ costs, charges a:~J ~a,,c~:srs incuned or p~~d. ~oy~•tLrr w.tF~ such ~~~te+rst, stwll be seccred by 1Fe i~cn o) th~~
mo~tgayt.
6. That (a) i~ ~he event of any b~ea:h o~ thia Ma:rgage or dc(avtt cn tt,~ pa.r oi tf~_• ~titURiGAGUR, cr ;L: ;n ehe ev~>~t any of s~'d s~ms of money
herein f!~@!rp(~ 10 bC n01 (•~pm~~t~y dn(~ fUlly pd~t~ witfiul Ihi~ly ~3J7 c~.ay1 ~~rxf d•:- r ~Ei~ S,~~ne S~~.Ma':Y ~~rCJ•!~r d.e J+1(~ {)a~eV~P. w~11tJ~~ dCmd:K~ O~ ~1JttGC,
er (c) in tht event each and every the shpu ar~oos, agrermrnls, co•id;~~cn~ and covenanh of sa d i~ro n~ss.,ry nutr ~nJ fh:s n~urtgaye any or erther are nol
~uty, promptly and fulty prrfo-med, d.schargrd, executrd, effected, to~np,et.>d, co~nN;~ed ~ti~th and at-•u d 5y, thrn ~n ~:ihcr or any such evem the ia.d ag '
~'c(]dfe SUm R1@niWf1@(~ ~R Said promisscxy nete InOil rQR}d~~'.u~a u»a3~:~, Wdh intrrr,t JCi~.~c(~, ene~ mpi:~~yS ScWfet~ he!Ci'~y, S~~di~ ~a:CU~s~~ (~uC and pay-
nb~e forthwith, a th~rea?!r~, a+ the op+~un of sa:d h10~2TGAGEE, aa 4uiiy and comp!~ce~y as ~f ait af !h~• s~ d a_,:na et muney were or,g~naily st~putated
to !x pa~d on s~~ch d~y, ar.~th;ru~ in s.~d pro,,,:sev~y ~ote or thls tilorrgage to ~hr co•~r~ary ~or.,nhs~.~•.~:..~y, ,:,d ih~r~•„pen or tt.e~eefir~ a~ the op~~on af
s~~d MORTGAGEE, w~thoui no~:ce or demand, su~t at law cr in eq~~ty. thrrefore or thcrinfirr begon, n•ay be prese:u~~d as if ait rnoneys secured hrreby
n~d maWrrd pr~or eo ds ~nsh~v~,un.
7. That ~n the erent +t,+! a+ the brglnn;ng o( or at any t~me pe~ding any su[t upcn ~his Mo~t~age, o~ ro torectose it, or to re{orm it, or to enforce
~-a~menl of any clai~ns he~ea~:ci.r, sa,d b10RTGAGEE shelt app~y to the Cour~ havi~eg ~i~nsd,ct:un iL. ~eot f~- ihe ar roi:itn,ent of a Re~e~rer, s~ch Court :hail
fc~rhwith appoint a receiY~r oi sa~J mortgaqcd proarty aL' ar:d ~~~T(~U~dI~ indu~ing a~~ a~,d s~oy...~r ~~,r rua~:e, ~,~.;i~ts, n_ucs. and rever~es from whatever
aevrce der~ved. each end eve~y o( whch, n tx~ng eaprissly unde~uood, ~s herrby n.o~ty,~g~d as rf sNec E~ce.:y s.~t fo.rfi e~~d descr~~a in +he gran!~~eg a~d
h36endvm clavses hereef, and s~ch Receive. shels have a!1 the br;,ad a~td effec+;ve (~r~t.o-:s onv pov.ers m any,~:~se rntr;,u~d by a Cor.t to a Recrwer, and
s, ch appointment sha{I be ma~e by s~ch tourt as an ad~n~tt~~d ry~~ty and ~~natter of abio;ure r~gh~ to sa~d MORiGAGFE, and w~;ho~? referencr to the
ed•-qu~cy or inadrqurcy o~ the va~ue o~ the property mo~~gayed or to thr so~vrncy er ~nsc;,,~~ncy of sa~d MOR~GAGOR er ~he de~e•,dams, a~~d that s~ch
•r•,+s, prof~rs, incu•ne, iss~es and re.~en,,es ahai7 be app„ed by such Rece~we~ accord~ng ~o the :ien or equ~ty of sa~d M02TGAGEE and the p~acnce of such
Court.
8. To d~ly, cromFt:y a~d fully per+o,-m, discharge, execvte. ef!ect, complete, cors,ply w~eh arx! abide by each and every the st~puiations, agreements,
cond~tions and coverann ~n aa~d prom~ss~ry note and rh;s ~r:ortgaya se-t forth.
9. 7har in the e1•ent ~he ownersh:, o! the morr3~ged ~:re~naes, or any part thereof, ~«omes vested i~ a person o~her than the M~RTGAGOR, the
A'~RTGAGEE. its S~CCCS50!S and ass~gns, may, w~~hout nohce to the t.t~RTGf~OR, deal ~xnh wch svtcrssor w s:x:esao~ ~n ;nterest with refrrence to this
c ertgage and rhe ~_ut he~~by secured in the same manner as v~rth ;,t;rtgago~ w~+ho~t in anr ~rrsy vir.atir,g o~ ~~scha~g~~:g rhe /dortgago.s' liabddy here-
:•r~der p ~pon the d~•bt he,eby sc•.vred. No sale of the ~:rFm;s~s h,reb~ •~:o~ryagrd ard no fe•baa~e~~ce en tt,e part ot the IhORI'vAGEE or i!s successors
o. ass~gns and r.o e~~e~ ~ cn of thc t~mc fw the payment of rhe debt 1~e•c by se;ured givcn bv the '.SORTGHGE~ or ~ts wcceisors cr ais:gns, sf~ap operote
rc re'rcase, d~fcharqe, mod;Fy ~han~e or atfect tbe o+~gmal liao I:~y of she M.QRIGAGOR here~n, e~ther in whoie or in part.
10. It 1s spec f::a!iy agrred that t~me ~s oi the essence of rh;s conTracr a~~d rha~ no waiver of any ob; g~t~o~ hereunder or uf the obligation sr
cu~ed Fsere6y sha~i at eny time theiealter ba ~e!d to be a waiver of the terms hereof w o1 the instrument sewred herby.
II. I'1 ,i0~''J:l ro the fo-e;; n~ m.onth'v F:ay:~~~nfs of p•~~c pal and ~~r~~,isr reo~.~~d b•y the pro•r.-sscry „c•~• s.cv~r~ h_reb;. mo*rgagor covenants ,
+~~d agrees tu aa~ !o n>aryagee ».rh each mo~th:y Hay~.~ent an add:•~u~~al svm est ~ ateil b; n1pr;~~g~z to be equa4 to 1, 12 of tl~e ann~al cost of the fofiow- t
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A--Aii •eat ~roperty ta.~s 'ev~ed or asses:xd age~•,sf tF.•~ air~~e desalhed r_aI es~ate.
8 F:~~•~ ,,•ns on f:~e ar,ri w cds+o~r„ ~r,sur~cce as herc:n requ r~d to bc ca~n~ d c•~ eh~ ;.rov>-rte:~ts s:t~ate on th~ abave d_sr.,bed premises.
t-P~em,ums ~n s•_ch ~,o•~_ .ge gua:anty irsura•,ce as mo•+gagee sha~f !.o~r ~:ne ro t:~nr dre~~ fit to ca•ry on the toar. secwrd hereby.
Mw!gagee s^~ r r, re t.o:e ne!~f~ mcnyagcr ,n ari~;ng of the a~- o_~T d~c and peyable hereundar a~.d such su~~ sh.;:i there~pon be due and
3~able on rhe d,;e ;iat•~ ut ih~ ne,t n~on~h:; pay n~nt and e~ch s~ccess~~e ~r.onth t~t•raft,r u~.r,; mcngagee sha!t nct:fy m,c•t_iaqor ai a cha~ge i~ such
_-,unt. $uch s~~r.s st.= i;r a:.p.ied by mortgay._~e to,vard the {:ayment of reai p.operty ta¦es, inwranca pre:~~.~:ns, a:~d mortgaye guaranty insurartce
.~•emi~ms.
~N YlIT~~E~~ `.VH~R~~.~ t-~e said MORTGAGOR has he~eunto set his hard and scal the day and year f~rst aforesa .
S~ne ,,Sealed ar.d ~e!~. .ed in the presence or: ~~~ED AND REGOROEO "
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- ST.LUGIE COUNIY flA. CG~ ~~a~~
_ ROCEA POtTRAS c.
CLERK C~RCUIT COUAT
C` -~--t~'~~
- RECORD YERIFIED~....~ i ~c•t'= ~l+.~. : , c (Seaq
' (Se~Q
S7aTE OF fIORIDA 5 3~ PM ~
St. Lucie ~
~ouNtY OF _ I q
Befwe me perso~a!Iy aP~a.ea _ Philip_Pearl O~ V~ V a~
Blanehe/pearl _ h~s wife, ta me well known a~,d known to me to be
tnr individvai~ des:riSed in and who xlcuted the foregoi instrument, and acicnow:edged before me that they axec~ted the S~m! for the p~rposes
rherain ex{xessed. And the sa;d-- --Bl$ACtl@ eS2'1 -
+v~~e of tne sa~d - ~ ~1fI~ Pearl upan a separate and privat~
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e.am~nat~or. by me takrn separate and apart from he~ sa~d husband, acknonledged to a.+d befo+e me that she ecrcused sa~d instrvment free~y a~zd voluo-
rar~iy and w~tho~t any co-npu;s+on, corstra~nt, apprrhens:o~,r w fear of or from her said husband.
WITNE55 my hand and offiaal xal th~s_-- tit 'l day of _"_~ri~_ A. D. 19 7~
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Notary Publ~c in and for the State of ftorida at lufle
• My Comm.ssion e~pires:
Re~um To: • ~~~~~N~t~rr.
First federal Savings d loan Assot~at:on _y, ~~TA~FtY'PUBLIC. E
Pf Qf ~~.~3
f P,,~° ~•.•••:•~:`~i.~'. BONDFD iHRU fR~D rl1 DIESJElHOASE
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Fo•t P:rte F:.,nda ~'d Cv , ~
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- ~ % ~'Yy~r~'~ t~ ~ Q ~
This Instrument Prepared By Joh~ ~O f~ ~~c. :
First Federal Savings ~ Loa~ Association
of Fort Pierce ~ F].OT'L(~8 rr!)~ ~~,'."~~~c~~;:' `
'`',},o: '
Checked By
so~~9l 1264 l~s
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