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3. To piat~ and con~inuoutily kt~p on the bui!d~ng~ now w Mroafter siluate on ~aid land and on all equip~nent a~d {xrsonally covered by lhis mat¢
ag~, with ~~1 premiums thrreoo pa~d in full, fire insur+nce in ~he usual ~tanda~d po!ky form, in a sum approved 6y the A10R~GAGEE. •~~d w~nditorm
~nwra+c~ in ~he usuat s~endard pol~cy lam, in + sum ~ppTO.ed by ihe MORiGAGEE, in wch canpa~y o~ canpame~ as ~he MORTGAGEE ~~y
diret?; and •II iirs and winJstorm in~uranta potic~e• on any o) ta~d build~ryt, any interest therein or part Iherro(, in Ihe aygre9at~ sum afat~aid w
in ~at~u lhereof, sMlt contain Ihe usvel ata~~dard matga9ee claute a such other tlause as the M~xt9agre may requir~, ma?inq ths lo;s unde~ ~a~d po~i~
cies, eath ~nd eve~y, payable to ss~d MORTGAGEE ~s its ~nter~~t may appear, and eac~ a1~d every svch pot~cy shafl tx prompNy au gned a~~d detivered 10
any MW by said MORTGAGEE as turthar sccurity to teid mortyaga de6t, ard, not leu than ten (10) days in advance of the axpirahon ot each pol+cy, to d~-
livsr to said MORiGAGEE a renewal thertof, topethe~ with a recc~p~ fa Ihe p~emivm of suth renewal; and there ~hall be no f~re or windstorm insuranc~
p!aced on any of tiaid bui!d~~~g~, sny in~erei~ tho.eln ex pa~t ~hereof, unlesa in ~he form and wi~A the loss payabte as aforcu~d; and in tM eveot ~ny sum
of mon~y becomes p+yabte unde? such policy o~ policies sa~d MORTGAGEE shall hav~ ~ha opt~on a ~ece~YC and apply the same or~ account o1 the ind~bted-
nos~ sec~r~d htreby a ro pcrmit said MORTGAGORS to reteivs and u~s it ot any pait ~herrof ivr otnrr purF~osrs, vi~thout Ih~~~u~ wawr~3 0~ uoWk-
in9 any equ~ty, IiM w right unde~ or by virtve oi ~his mo:'yage; and i~ Ihe event sa~d MORTGAGORS ahall for any rcason fail to 4eep ~he ~a~d premises io
;nsu~ed, o~ (~i) 1o delive~ pranp~~Y +^Y oi s~id PulKies o( iniurance to said AM1ORTGAGEE, or fa~t p+omptly to pay fully any p~e~~~~u~n nc~refw p in any
respM fail to perfwm, discharge, e~ecute, eflect, complete. canply w;~h ~nd abide by Ih1~ cove~anl, or a~y part he~eoi, said MORiGAGEE may p~ace and
pey (w tuth insur~nc~ ot any parl the~eof w~thout wsivinp or alfrctinp a~y optio~, lien, equ~ty, or righ~ under w by virtw of th~s M«~ga9e, ~nd ~he
fvl) amou~t of eath a+?d ev~ry fuch payment sha~l be immediately dua and payable and ~ha~l brar interasl from the date thueof un~il paid at the rate o)
n~~e pa tentum pe~ annum and to~eihrr with fuch interest ahall be srcured by the lien of lhis mptgage.
To permit, tommit or sufter no waste, impairment w deter~o~ation of said prope~ty w any pa~t thereof.
5. To pay sll ~nd tinyulp the <osts, charyes ~nd expaises, including a ressonable attanry's (ee aRd costs of abstracts of title, incurred or paid at
any t~me by said MORiGAGEE, Oecause w in the event of 1he iadu~e on ~he pa~~ oi the said AI~ORTGACaOR Io duly, pranptly and 1u~ly perform, d~xhar9s.
execute, elfect, complet~, canply w~th and ab:de by each and avery ~he stipulauons, agreemems, condi~~ons, and covenan~s o1 sa~d pran;sswy nole and ~his
mortgaQe any w e~~her, and sa~d costs, cbarges snd eapenxs, each and eve~y, shall br immed~etely due and payabie; v.he~her or not the~e be no~~ce d~
mand, atlempt to cotlect or suit pend~~y; ~xl ~hu tvll amouM ol each aod every such paymem shatl brar interest from the date thereof umi? paid ~t tne #
~ate o~ nine ~r canrum ~r amwrn; arw a!1 said coats, chargca end eYpe~~ses incurred or paid, ~ogeilxr w~~h such inte~est, ~h.+ll be aecured by the lien Of thi~ ~
moryape.
6, That (a) in the event o~ ~ny breach of th~s Mo+tgage or defaul~ on ~he pa?t of the MORTGaGOR, «{b) ~n the evcot any of sa;d sums o1 money ~
herei~ reFerred tu be rot pro~nptly and fully paid w+~hin th~~ty t30) dari neat af~er rf'e sa~ne se+erally bec3rne dve anJ payaWe, wi~hout demand a notice,
ar (c) in Ihe evcnt each a~d ave~y the ~tipu:at~ons, agreemems, cond~t~p,s a~d covanants of sa.d pra,~i~suiy ~ete ar.d th.s mw~9sge ony or eithe~ are ool
~uly, promptly snd fully pe~formed, dixMrgrd. executed, effected, comple~ed, compGed w~eh a~d ab~ded Sy, then in e.ther w any such event Ihe ss~d aQ
greg~h wm mentw~ied in sa~d promiasory note thrn rtnwining unpa~d, with iMeres? scauasd, er.d a~l montys sec~red hereby, sha~l becwr~e dve and pay- ;
ab~r faihw~tt~, w ~hr+rafter, a: the optica of sa;d MORTGAG:E, as 4ulty a:x! co+nptetely as if all of ~he sa~d sum~ of .noney were orgin~lly ttipulated 3
!o be pa~d on such day, anything in sa:d prom~ssory note or in thh Matgage to the co~vra~y not.v~~hsw~xf~ng, and ~hereuFwn w thereafte~ at the opuon o(
sa~d MORTGAGEE, w~thout no~~ce or demand, su~t at law w in eqwty, therefwe ~ Ihereafter begun, may be p+osecuted as if all money~ secured hereby
nad matured pnor te ~ta ~~stitut~on.
7. TM~ in the ~vent ehat at the kxgin~+ng of or at sny t~me pend~~g any su~t upon rhis Mo~tgage, a to ioreclose it, or lo reform if, w to enfwc~
payment ot any c~aims he.evnder, aaid MORTGAGEE shat! apply ru 1fie Court havu.g ~urnd.ction thereot for Ihe appo~ntment of ~ Receiver, such Cour1 shall
Forrhwith appo~N a rece:ver ol u~d mortgaged prooerty alt and singula~, includ.n9 ail and singutar ~he ircome, pro(ds, iswes and rcvenues bom whstever
source de?ived, each and every of which, it be~ng express~y understood, ia hereby nwr~gaged as :f spcc~licatly ut iorth and destribed in the granting and
habcndum ds~ses hereof, and such Receiver shafl have all ~he broad and effec~ive ~~~xnom and poweis in a~yw~se emrusted by a Co~~1 to a Receiver, and
a.ch appointment ahall be made by svch Covrt ss an admined equity and a rnane~ of absol~te r~gM ro said MORTGAGEE, and witbout te(erence to the
acfeq~xy or insdrq~acy ol the val~e of ~he property mw~9aged or to ehe so:vency or ~neoi,rency of said MORiGAGOR p Ihe delendents, and that such
z<~n~s, profits, income, issues and rereoues shall be applied by such Rar~ver accord~~ig to the Iien o~ equiry of wid MORiGAGEE and the p~actice o( such
CouA.
H. To du!y, prompity and l~lly perform, d~scharge, exccute, elfe:t, compl¢fe. comply w~th and eb;de by each and eve~y the stipulations, agreemMfs,
tondi~ions and covrnants m se~d p~omissory note ar.d ~h~s mortgage aet 1wth.
9. lhat in the event the ownersh~p of ?he mortqaged premises. w any part thereof, 6ecomes vested in a person other than ihe MORiGACaOR, the
MORTGAGEE, its successors snd assigns, may, withovt notice to the MORTGAOR, deal with wch suc<essw or wccessor in interest with retere~ce to this
mor~gage and the d:rut hereby secured m the aame manner as with Mort~agor without in a~y way vA~ating or d~xha~ging the Nbrtga~rs" liability hera-
under w upon the drb+ hereby setw_~d No sale o( the cremises hereby mo~tgaged and no forbea•a~ue on the par~ o( ~he IdORTGAGEE ot its successors
o• assigns and no e¦Tens~on of the time 1or the paymem o! the deb~ hereby sec~red given by the MORTGAGEf or ~ts successws w auigns, sh+ll operaN
to rNeue, d,scharge, mudify change or affect the oreg~nal iiab~l~ty of ihe M.ORYGAGOR herein, e~ther in whole or in part.
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10. It is spec~ficully ag~eed thet time is of the esunce of ~his contrec? snd ~hat no waivtr of any obt~ga~~on htreunder or of ihe oblgat~on sr
cvred htreby shatl at ~ny time thereatter be held to be a wa~ver of the terms hereof or of the instrument secured herby.
I l. In add ~;o~ !o ~ne fatego ng monthty }:aymenb of prenc psl and inrerest ~equ~red by the prom•ssory no~e scc~red hereby, mortgagor covena~h
jnd agrres to pay to m~o:tgagee v.~th each monthiy pay+.~ent an add~rional sum est~mated by mortyagee ro(x equai to 1,' 12 of t:x~ annua~ tost of the iollow-
~~:y:
A-A!f rral property taxes lev~_d or assess~~d agai•sst th~ aLwve desc*ibcd rral estate.
B--P~pT.';JTS on f~re and ~~•~r,d~torm +rtwraccr as herc:n r~~~rrd to kK tarri•_-d cn ihe ~rnproveme~ts sA~ate on the abovc descrtbed premises. !
C-Pre~rwn~s o~ such mort5:qe q;wranry ~rsurar:ce as mortgagee shati from t me to t~me deem fit ~o cany on the ban sec~re~ hereby. ;
Mor!gagee sha:l '.rcm nme; ta t~me noh(y mor~gager ~n ~uritmg of the a~:~ou~t due and payable hereund?r and such su:n shall thareupon be due sixl
i ; a,abk on the d~~e ciate of rhe ~x.t month:y payment and eath swcessive month thereafter ~r.til mwtgagee shall nolffy mo:tgagor of a charge in such
~ a-~ount. Such sums sFa.i t,e app~~ed by mortgag~e toward the paymem of ~eal prope~ry taxes, insura~ce {xem:ums, and mortgage g~aranty insurance
~ ~,remiums_ .
( IN WITNESS WN:RFOF ine said MORTGAGOR has he~e~nto sN his hand anci seal ~he day a~d y r first a(aesaid. •
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~ g~ed aled and delive~ed in the preserxe of: ) n
~ / (i~~%G~.l/~ ~ Nan
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f~ ST E OF FIORIDA ' ~
couNn oF ST. LUCIB j
defore me personally appea~ed ~~1Qi Hines and
~l10=QS K• Hi=1Qi his wile, to me wdl known and known to me to be
~ thr individwii deuribed in end wFw •xecu~ed the foregoiny i~strument, and acknawiedged before me that they executed the same fw the purposes
Iherein lXPflLfCd. f~1! ~aid-~___-__-_._- ~~~r~s K. Hines
.~~te oi the u~d ~1aZl~s }{~t1@s - - °p°^ • seP+r~te ~nd pr'n~t~
e.emination by .++e taken separate and apart irom her said husband, +cknowlcdged to and be'o~e me that she exec~ted sa~d instrument (reely and voluo-
tar+ly and w~tFw~t •ny compu:sion, constraint, apprehe~s,on, w fear of or irom her said husband.
WITNE55 my hand snd offiual seel this_ day o~-_-_ A il A. 0. 19 71
~ - 44` ~ -~-1 /l. .
~ No ary Rublic in and iot the Stafe of fbrida tl lar0e
~e My Comm:ssion sxpiref:
~ RNum To: . ~~.•~~~»I~1~~,, .
~ Fint Federd Saviry~s 8 loan Assoc~at;or, ~~77.,•,, sTATE Of F10R~~ AT ~ ~
~ MY C~MMIS~~~N EXPIRES SEPT. 23. 19T3
~ Of icr~ V crce. =
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Fort V~rr:e. Florida ~ ~
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~,.tT~ ~ 2~ssos
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~ . 3' I LEO AN'J RECOROEO
~ ~4t~%- 'r~~}J. " : `I f~.LI/C1E ~011MTY flA.
~ 7his Instrument Pre pared B y Jo2u? a , 1lOCER POITRAS
~ First Federal Sav+ngs b loan Association k:'•,~ CLERII CIRCUIT COYRt
~ of Fort Pierce F loz ida ~L' - ' R E C O R O V E R I F t E O
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~ Checked By - ~R 30 ~ 42 PM ~7 ~
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