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To plaa ~nd contin~ou~ly kNp o~ ttw bvildinps ~w~w a M?eaf»r 4twt~ on ~aid I~nd and on ~II puipn~~~ u~d pasona;ly wvered by this mat¢
•q~,, with d~ pr~miwnt ~h~r~on paid in full. f'u~ i~uuranu in th~ viwl usndard polity form, in ~~wn ~ppro~~d by th~ MORTGAGEE, and winditwm
k?wru~e {n tM ~suel ua~dud policy fam, in • wm ~p{xowd Dy ~ht Mvi~ivrivi€. :~t~ tanpanY a comp+nie~ a 1M MORTGAGEE ~++y
d~nctr ~nd dl fir~ and wind~lon+n inw~a~ poiiu~s on +ny of said bvild+~. ~ny inta~st tMr~in or pait thcreat, in tM ~ppreya~s wm afa~W w
M uccess tMrwf, ahall cont~in ~M usval sta~dard rnonpapu clwse o. such aha claus~ as tM Maqa~e~ maY nVi+~n. ma?inp tht los~ undN uid polb
c~f, ~ath and ~wry. parabl~ a uid MORTvAGEE ~s iM in~enu msy ~ppe+~. and acl+ ~nd ~w?Y ~ucn Policy shall b~ p~omptl~ u~:yned and d~livtrad to
•nr h.ld by s.~d MOaiGAGEE .s fw~hn ~ecwihr ~o s~~d ~+wr~pa~. d.bL ~~d. not I~ss th~n t~n l10) days t~ advanc~ oi tM expk~fion of ~ach policy. ro dr
iiwr to aid MORTGAGEE a ren~wal lhuaof, topstM? witb s receipt for tM prMnivM of wch renewalj ar+d ~her~ shal~ be no fir~ a winds~orm insvrsr~
pl~ad an ~ny of Wid b~rildinps, ~ny intK~st tMr~ie a put tM~eof. u~l~ss in ~M (orm and wHh tl+~ loss paYabl~ as ~fa~sa~dj ~nd in th~ ~wm any sum
of nai»y becamt paY+We v~br wch Pclicy a policws s+id MORTGAGEE ~hal) haw tM ops:w? ~o receive ai+d ~pPty ths sam~ on ~ccount of fiw Gxl~bted~
nns wcwed h~nby or ~o permn ssd MORTGAGORS a rec~tv~ and ~,s~ N w~ny p~rt tlwrwf tw oth~v pwpeses, w~~hout thxeb/ waiyi:~ u unpai~-
inq sny puity. lien w riqM vnd~r a by virtue of this mo*tgsg~l and in tM ~wnt taid MORTGAGORS sha11 (p any reason fail lo ketp tlw uid premises so
ir?wr~d, a f~ll b d~liw~ pramptly any of said policies of insurance to aid MORiG/1GEE, a fail prompNy to pay fully ~ny p~emium therefor a In any
~~~p~ef fail b pM~wrn, d'nch+rye. ~x~cut~. ~f(ett. compkte. comph with ~nd abidt by tlrs cownanl. o? ~+y part herwt, iaid MORiGAGEE may plac~ ~nd
paY {p such leawu+o~ a any Wrt tFwwf wi~fa~~ waivinQ or ~tf~ctinp anY option, li~n, equity, or ~~yht u~der w by virtw of this Maty+y~. N+d tM
full amowu of tKh a+d ~wry we1~ MYma?1 sMll b~ immad'eaMly dw and pay~bl~ snd shall bear interss~ iram tM dats thereof untN paid ~1 th~ ~ah ol
nirn pK untum pa anrwm and topethet wi~h wch iatsrest shali be secured by tM li~n of this mort9apa.
a. To pamit. commit a wff~r ~o wa~te. imp~'ume~t w de~erioratan of uid prope~ty a+ny put the~eof. ~
5. To pay all aod sG+9vlar tl+s cosb, dwr~ts ~+d ~xpenu~, inclvd'+nq • h+sonabk anorn~y i fes and costs of ~bsrracts of 1iHe, incurrad or paid at
•ny tMn~ by s~id MORTGAGEE, because a in th~ ~vM1 of ~M failwe on U~e p+?t oi the said MORiGAGOR to duty, prompt{y ~nd fully perform, dixM~qe.
execvt~, eN~et, oompk~e, compty wuh and ab:de by ~ach ~nd every the stipulata.+s, agreements, cond~tiau, ~nd cove~ann of said promissory note and thu
mwtQap~ any or either. a~d sa~d cwn. charpe~ ~++d expenses, each and evay, ahatl be immedi~tely due and payable: whefher a not there b~ norice da
msnd, ~ftempt fo colt~ct w wit pen~iny; aid th~ fulf aerwunt oi each and ivery wch payn+Mt shall bea. interesl frpn tM d+te thereof until p~id af IM
rate of ewk ps~ pntym per aruwm; and sll ~aid costt, chargta and expenses inc~+nsd or paid. togalher w~th ~vch i~t~~est, shall bt setured by the lien of tha
~
Q. That (a) ln tM want ot u~y brexh of this Mortgs~ a defeult on the pa.t of the MORTGAGOR, w(b) in the evant any of ~aid sums of mon~y
herein refe.red to be no~ promp~ly s~ Fully paid wi~hin ~h~rty (30f days ~+ea~ afto. the asme severalty become dve and payable. withou+ dem+nd o~ notke.
or (c) i~ tlK ~vent *ad? u+d eve~y the stipulatip+s, agresments, conditions a.~d co~rao+nn ot sa~d ~xomiuory oote and ~h:s mwt9a~e ~ny or ~itMr u~ nol
iuly. proR.ptiy and fully perfamed. d~schar9ed. ~xetuted, ~ftscted, compSsted, compt~ad wi~h end ab~ded by, then i~ e~ti~er w u+y ~vch awnt 1M aid ap~
prey~tt wm m~ntionad in s~id promiuory note then .em+ining unpa~d, with interesl accrued. and aIl moneys seturcd he.eby, sMll bctoe~ dw end pay-
•bk fa~hwith, a thereahe~, ~t thr opr~o~? of uid MORiGAGEE, ~s fully and comple~ely as it all of the said surns o( money were oriy~nally stipul~ted
~a be pa~d on s~ch day. anything m sa~d promissory note ot in tha Mortga~e to tM coNrary no~wiihs~ar?ding; and thr~eupon a thc~eafter at the op~ion of
said MORTGAGEE, without ootice or demand, suit at !aw or in equity, therefwe a thereafter begun, may be p~osecuted u if all mawys secursd hereby
had matw~d prwr to its uutitutan.
7. That in the rvent that ~t the beg7ani~g of w ~t any tim~ pe~d7ng any su~t upon ~his Mw~gage, o• ro foreclose H, or to ~efam it, w to enforw
paym~nt of ~ny claims Ae.eunder, s+id MORTGAGEE ahail ~pply to ths Co~rt h+virg iur+uliction thereof iw the eppointment of ~ Receive~, such Cour1 sMll
Fortl~wifh sppoint s receiver of said mortgayed property all u~d singvlar, includmg all and singulsr N~e inmme, prof~n, issuts ~~d ~evcnues from what~ver
sourp derived, each and every of which, it beinp expressly understood, is hereby morrgaged as if ~prci{icaliy ut fath ~nd dexribed in ths grant6g and
habend~Hn clauses F+Heof, and wch Rcceiver shali have all the broad and e(fecrive fv~cnons +nd powers in anyw~se entrusted by ~ Court to a RKlIVN. end
•uch appointment shall be made by such Cowt as an admitted equity and a mattcr of absolute right to sa~d MORTG~?GEE. ~nd without roference to tM
edeqvscy w in+dequscy of the wlue oi the property mortga~ed or to the sowency or iroolvency of s~id MORTGAGOR or the defendants, and that such
renrs, profin, income, issues and revenues shait be appi~ed by such Receive. xcord~ng w the lie~? w equity of sa~d MORTGAGEE and the practice oi such
Cotirt. -
8. To duly, promptly and tvlly perform, dnchar~, execute, ef(ect, compkte, compty with and sbidr by cach ~nd every the stip~latior?s agreements,
condi•ions arx! covenann ln sa~d promissory note and thia mortgage set fwth.
9. That in the event the owncrship of the mortgayed prem~ses, or any psrt thereof, becomet vested in a penon ofher tha~ the MORTGAGOit, th~
MORTGAGEE, ita sutteuus and augru, may, without ra±ice to the MORTGAOR, deal with such succeuor w s~tcessor in interest with reEerence to tha
mwtp~ ~nd the debt hereby secured in the same muxxr as with lYb+tgagw without in any way vitiating or disthargirg the Mottyagcxs' liability hert~
under p upon the debt hereby secu~cd. No sale Of the Fremises Aereby mor~gaged end oo fwbsuance on the pa~ of the MORTGAGEE w it~ suttessors
o• au~gro snd ra ex~ension of the teme fd the paymeM of the deb~ hereby secwed y~ven by the MORTGAGEE or iri svccessors or auigns, sh~ll operaN
~o reltase, dixh+rye, madify chang~ a affett the oriyin+l liab;l~ry of the MORiGAGOR here+n, tithsr in whole or in put.
10. It is spec+ficatly sgreed that tirt?e is of the essence of this co~tr~ct ~nd that oo waive~ of any obligatron hereunder or of tht obliyation sa
cured hersby slwll at aoy time there~fter be held to be a avairer of the terms hereof or of tlk instrumeM secwed herby.
11. In add:r:a~ to ths faego:ng montNY paYmenfs o( princ'pal and imerctt reqvired by the prom~ssory ?wce secured hereby, rtwrtgagor covenanri
a~d agrees to pay to mort~agee with each monthly psymer.t en add~rional sum est~mated by mortgagee to be equal to 1 j 12 of the annual cost of tlx follow-
'^9= _ . .
A-A11 re+~ p?ope?ty t~xa kvied w sssessec~ .against Ihe above described resl estate.
B-Premiums on fire and windstorm insurance as herein req~~red ~o be ca.ri~d on the improver~~b situate on the sbove described premius.
C-Premiums on wch mortgage guarsnty inw~~nu as morig~gee sAal) {rom time to time deern ~t to csrry on the ban sccvred hereby.
t lNortyagee shall from time !o time not~fy mortgagor in writing of the amou~t due and payabte hercundrr and such sum ahall thereupon be due ~nd
i Fayable on the due dste of the next n+onthly paymen? and each successive month ttierea(ter urtil mortyagee shall notify mortga9w of a ths+iye in wch
~ amou~t. Such sums shall be applied by mortgagee foward the paymeM of rea! property ta~aes, inswance prem:urns, and rtartyaye yuaranfy irourance
E prcmiums. -
IN WITNE55 WHEREOf. the said MORTGAGOR has hereunto set his hsnd and seal the day ~nd yea? fint • ~said.
Siyned, sated ~nd det• ed v+ t1~t presence of: lEQ AtlD RECp~Q~~
LUCIE COUNTY FtL n ~
~ . ROCER iO1Tl1~= ~
~ CLERK CtRCU1T 1
- 11ECORO rEalf~EO ~"n
` M~ 5 11 ~s rM'11 . ~ ~p
STATE OF FIORIDA ~ ukig ~ ~v~~~ ~
SS.
COUNTY Of •
e~f«~ m~ pe~«~s11y ap~
ared H. T. SAyd~s ,nd
G• Ca• ~i~l~! ~ his wiic, to me well krwwn snd known to me b b~
the indvidwb descr~ed io and who ~ecuted the twq~any instrument, and +tkcwwiedped b~foro m~ th~t they eaecuted rhe ssnw for tM pvrposea
r1+e~ein ~~cpres~ed. Md the aai~ G. G. SifydtZ
~ w~(s of t!w taid H. 'r• SAYd@Z , ~pon • sep~rat~ and priv~t~
e:sm'uuGoe~ by me ts4en separate and spa~t from he~ said husba~d, scknowkdped b and befwt me that she executad said irotrvment (r~sly and ralun-
~ r~r~ly and withart ar~y compulsion, corutraint, ap~ahe?uion, feu of a from her said husbsnd.
~ WITNESS my ha~d a~d official seal tl+ia- day of ~ A D. 19?.~_
~
~ . uy Public in ~nd fw the State of fbrida .t l~rpe
~ My Commissio~ ~npirss:
Return To: ' • ~,..~?~ttMtt~~,~~~,y ~TAIlY P{13LICi STATE OF fLOR10A AT IA~E
First Fede~al Sav 6 loan Associat:un ;~5J1 ,
1, COMMtS: l'~N EXPIRES SEPT. 2~. 1~
Of forf P~erca ' ~ ~ ~ ~ ~i t
z ~ i011~ iNYll fi~ OI~M9p1
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Fort Pietce, Florida ~ • •
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~ This Instrument Pre red B Jot1~1 W• , y''% ~
Pa Y r 4~• ; :_l..~#;;
First Federat Savings b loan Association . •
~ • af Fort Pierc~ Rlolida ='~''.;~r/Z, . ~ . . '
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