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To plac~ ar+d continuov~ly k~ep on tM buildi~p~ now a M?e~ft~~ utwt~ on ~~~d land and on all equ~p~nem and personally covasd by thi~ mort~ ;
y~, with all premivmf the~eon pa~d i~ full, lirs int~r~nc~ in ths usual sundard po~icy fo~m, in ~ sum ap~xoved by the MORivAGEE, and windtto~m ~
inswanc~ in tM vsw! ~1~ndard pol~cy (am, in a wm ~pproved by tht MORTGAGEE, i~ svth company w cohipani~s ~s tM MORTGAGEE may
dinty and •II (ir~ ~nd wi~fam insur~nc~ policiss on sny Of f~id build,npa, any interesl therein o~ parf Ihereof, in the apqrepate wm alwetaid or
tn' ~xtws the~wf; ah~ll conuin ~M vswl stand~rd nwrtqa9e~ clauss a such oth~r cfaus~ ~t IM Ma~9~9ee may ~equ~r~. mskinp the lou unde? saKi po1E
c~, sach ~nd every. pa~abl~ a iaid MORTGAGEE ~s in in~rre~t may appe~?, ~nd each ~nd ~ve.y tuch po1Ky shall b~ promp~ty ais 9~~ed ~Rd delivcred ~o
•ny Mld by s~id MORTGAG£E ~t (urthsr sccurity to aid mor~pa~ d~bl, and, not Icu fM~ ten (10) daYS in adva~xs o( the •xpiration of e~ch policy, fo dr
fivN to Nid MpRTGAGEE a n++ewal tM~~of, top~tM? wiM • reteipl fa tM prNn+um oi suth r~newal; and ther~ shall be no I~r~ o~ wi~~dsto~~n insuranc~
plKyd on ~ny of said buildinps. aey inte~e~1 thtreie or part 11+~rwf. unless in IM form and with IM lou payablt as atoresaid: aod in IF+e ~wnt any tum
of RweNy b~comes payabl~ ~nde~ such policy a polKies ~aid MORTGAGEE ~hall haw ~M op~wn to receive a~d ~pply ihe ~an» on xcov~~ oi the indeb~ed~
~e+: :ec~•e~ !!~reay er M p!r,•,E, sa~t! !li4TGAGQRS to rec}ive ard :~se i•. e! a.^.Y Ra•r ~c• ~3 << .
~ry My eq~r~~y, lieo a ri9ht ur+de~ a by virrw o( this mo:t9a~r, ~nd i~ tM ~vent u~d MORTGAGORS shall for any reaso~ fail to krep ~he sa~d p.emise~~so
insured, oI f~il b delivN promptly a~y o1 said polities ol iniur~++ta to s~id MORTGAGEE, w fail promptly to pay fu~ty any premwm thcrefor a in any
~ r~~p~ct f~;l ~o pe~fwm, diuMr9e, ~xecvte, ~ffett, tampkte, comply with ~nJ ~bid~ by thi~ tover+ant, p~~y parl hrreof, said MORiGAGEE may pl~ce af+d
P+Y ~ s~ or ~ny P+rt theroof withart w~ivirq p•ff~ctinp ~ny op~ion, lien, aqu~ty. w r~pM undee a by virrw ol lhis Ma~qpe. ~nd tM
1~i1 amou~t o1 s+ch ae~d ewry such paymenf sMll be immediat~ly dw and p~yable ~nd shall bear imeres~ fiom ~hs dats ~hereol un~il pa~d at the rat~ ol
n~ne pK cMtum p~r annum and together with wch inte~est sMtl be secured by ths li~n of this monyagr.
1. To pamit, cw~xnit a iuffar no wa~te, impairme~t w dete~aration of said p~ope+ty a. ~ny part thrreof.
S. To pay all ~nd tinpul~r th~ cwts, cAup~s a~d ~xpen~e~ intludiny ~~easonabl~ utorney's (e~ and cosh of absvacts o( ~itte, incurred w paid
a~y time by sa~d MORiGAGfE, bet+uu a in the e~rent ot ths failure on the part oi tAe said MORTGAGpR to dvly, prompNy and fu~ty pe~lam, d~uMrg~,
execute, ef(ect, complN~, comply w~fh and ab:de by each and every 11+e stipula~~ons, agreemenb, cond~t~on~, ~od covenanes oi sa~d pa~iswry note •nd thi~
moit~ag~ ~ny or ei~F~. ~nd aa~d cosn, charyes and expen~es, each and every, shall be immediately due and payable: whe~her a not ~hert be nonce d~
mand, sttempf ro collect or wit pt~d~nq; ~nd +he f~ll ~rt+ovnt of each arx! every such paynxnt shatl bea~ in~eros~ from the dat~ Ihcreof uroil paid al tht
•rre of e;ne per ce~wm ~Y aMlU:ll~ ~nd ell ia~d coaa, cMrpea and eapeous ~r+cw~ed o~ paid, topeiher weh such imcrest, iha~l b~ tecured by tM lien of 1hu
mwtpay~.
6. That (a) in the event of uiy breach of tl~is Morty~ys w defauit on ~M pa?t of the MORiGACOR, w(b) in the event •ny of satd ~u~ns of ma~ey
h~rcin referrtd fo bs not prompt!y and fulFy paid within thnty (~0) days next afecr the same severa!ly become due and payable, w~ihout dema~d o? notice, ~
a
or (c) in tAt ew~t each and evcry the stipvlat~ons, ayreements,,cpr~tions and cdvyNn~ of sa.d prom~uo~y no:e and th~s mortps~e any w either ~re nol
iuly, promptly and fully pe~tamed. d.uharped, eKecutld, effe~l~d.'oompleted. ccxnpl~ed wi~h and ab~ded 9y, ~hen in e~tFxr a any wch ~veM tM ta~d ap-
gregat~ wm menrioned in said p+omissory note 1Me~ remaininp u~pa~d, with interost~amued, and ai1 moneys securtd heteby_ fhall becpr~e dw ~nd pay- ~
sb~e fwthwith, d thereafte~, at the option of said MORTGAGEE, as (vlly and complete~y as if all of ~he sa~d s~ms of money wcre w~g~nally s~ipuiated t
to be paid on svch day, anything in sa:d promisso?y ~ote or in this Mortgage to Ihe contrary notwi~hsta~d~~g; a:x! thereupon w therealte~ at the opGon of ~
sa~d MORTGAGEE, vrithout notice o~ ckmand, suit at law or.in eqvity, tMerefore or theresitcr begun, may be prosecuted as if all montys secured hereby
nad marured prar ~o +n ~:~stitutwn. ~
T.'7h~t in ~he event that at the begin~in9 of or ~t ~ny tim~ pending ~ny wit upon this Matgage, or to f«eclose it, or ro reform it, o~ to enforc~
Cayment of any daims hcriunder, said MORiGAGEE shall apply to the Cou~t Mving ~uriad:ction thereof 1p the appo~ntme~t of • Receivm, tuch Court shail ;
Fe~rhwith appo~nt ~ rece~ver of uid mor~gaged property all ~nd sirgular, includ~ng alt and s~~.gu~ar ~he ~r.con~e, prof~ts, i»~,es snd revenues from whatever 1
sou~ce ckrived. each and evcry of wh~ch, it beinp expressly ut~dentood, is hertby mongaged es if spec~l~caL'y set fwth and dea~ibed i~ the yro~tin9 and
haEendum cl~uses l+ereof, and such Recei~er shall have all the broad and efiective lunc~~ons and powers in anyw~se e~~rusred by a Gou.t to + Receiver, and
t~ch appoinsrnenf shall ~ mede by such Court u an admitted equity and • rr+~tter o1 absolute r~gfit ro sa~d MURTGAGEE, snd witFwut reierente to t~
edequicy o~ inadcqwcy of the vatve of the prope~ty mortg~yed w to tix soirency or inwi~ency of sa~d MORiGAGOR o~ the defend+nta, and thet such
~r^+s. profi?s, irxome, is:ves and revenuei shall be applied by such Receiva accord~~ to the lien or eq~ity of sa~d MORTGAGEE and the practice o( such
Coun.
8. To duly, promptly and fully pe~(orm, d~sch~r9t, execut~, effect, complete, comply with ~nd abide by each and every the stipviations, agreements,
cond~t~ons and cove~ants ~n sa~d prom~uo~y ~o~e and this mortgage set lwth.
• 9. That in the cvent the owncrsh~p of the mortgaged premisd, a any part tF+ereof, becornes vested in a person other thsn the MORTGAGOR, 1M
M.ORTGAGfE, its succeswrs ~nd asugns, may, without notice to the MORTGAOR, dcal wi~h such successo. a successor in inte~es~ with reference to this
n~o~Tgye and the deb~ he+eby secured in the tame manr+er ~s with Mwtgsgw without in any way vit:ati~g or d~uhargirg the Mortyagon' liability here-
vr.dtr pr upon the dcbt hereby secured. No sale of the prem~ses hereby mwtgaged a~d ro forbearsnce on the par~ of the MORiGAGEE w ib succeasws
or ass~gns snd no eatens~on of the t~me fw the payment of the dcb~ hereby secured g~ven by tFx MORTGAGEf or its successws a au~gns, shall operat~
ro release, d+xharge, nadify change p affect the orig;nal liebit~ty of the MORTGAGOR here:n, eithe~ in whole w iA part.
10. It is spec~fically sgreed that time is oi the essence oi this contraa and fhal no waiver of any obtigat;on he?eunder or oi the oblipation sa- 3
cvred her~by sMli at any time there~iter be held to Fx a wairer of t!x te~ms hereof p of the instrumem sccured he~by. ~
11. In aod t~o~ to the faego:ng monthly psymants of princ'pal and interest required by the prom~sscry nore secured hereby, mortgsga~ covenants
~^d agrees to pay ta mo-~gagee w~th eath mo~thly payr.~ent sn add~rional sum esnmared by mortgsgee to be equal to 1. 12 of the annual cost of the folbw-
:,o:
A-Ai! real property tsxrs kv~ed or assessed agai~s! the abeve descri?~ed res! estate.
B-Prerr.~u~m on fire and windstorm insurance as herein requ;red to be carried on the im,~oveme~ts s~tvate on the sbove describ2d premises.
C-Premi~ms on such mortgage guararsty ensurar,ce_ as mortgagee shatt from t'me to time deem fit to carry on the ban secured hereby.
Mortgagee shall f.om ~imc to time notify mortgagor in writ~ng of the amoum due and payabk hercundr~ and such sum shall thereupo~ be due •rd
f . r.abSe on the due oate of the next month:y payment and each svccessive month thereafter ur,fi! mortgagee shalt notify mortgagw of a change in such ~
_-:ount. $ucA sums shali be applied by mortga9ee toward the payment of real property taxes, insurarxe prem.~ms, a~xl mwtgage guaranty insurance 3
i a'eT7iVR1f. .
~ IN WITNESS wHfREOF. the sa~d MORTGAGOR has hereunto set F?is hand and seal tlx day and yea fir ~foresa' . e ~
Si~ned, Sealed and deli ' th~ preunce of: ,t1 f
E ? 1 s
~ _ Stanle ein ~ ~
~ v anW. en t~
5 i A7E OF ~oRraoc !~ex York ~
y.
Cvu!lTY Of ~~~AG ~
betors ene penon~llr appeued Stafl~y D. 1QBlri a~ ~
Susan k~. ffiein his wife, to me well kr?own snd known ro me to bt
rhe irdividuab desaibed in and who executed the for~;~ instrwrKnt, ~nd ~cknowledped befwe me that they executed the same fw tF?s purposd
the~ein ezp?eised_ Md the sa~d sl1S~I1 1h. ~6~I1
,+1e ~ Stanley D.Rlein
e:ami~atan b me taken rate and a rt from her said husband, ~c ~Po^ ~ KW~~f~ and priv~N
Y +~W Pa knowkd~ed to •nd b~fon or tbN sbe ~~cecuted said instrumeM freely and votur~
•a~~~y and witlw~t any compulsion, corutraint, apprehens+Qn, or fear of w from her s~id Fwsb~pds ,
WITNE55 my hand ~nd official seal this ' 3~~ day of F .
~ . c ~'-E}~'+i.5 ~ A. D. 19
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~ r Npta~ S1~ft ~f.f~M1~~1.~if~ r
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Retwn Ta - . .v . _
~ First F~der~l Savinps L loan As~otiatAn SENN~RO ~A~Q~1~14:.~
' Of For~ P,ercc , ~ ~a~?~9 ~d COUllf~ylpr #t ~aw
~ , - Sw~i. ~t MsMr'YwY"
Fo., v;««. F~a,a. ~ ~ r~. ~Mba~Ca . ~
~ •~~a M?~,.~. ~ c~~,,,, 3 0
_~il~l~IF±soo, ~ir~f?~b 30, f972 ~
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This Instrument Prepared By 'a'm. E. Brauzl . '
First Fecie~al Savings b toan Association
~ of Fort Pierce~ FlOrida '
Checked By
~ • ruW r,. ~ - - f
. .
~ . . ~.F _ ' . . • _ . ~Y-..
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