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3. To p=su •nd cont]nuously keep on ths b~iid~ngs ~ow a here+f~er •~rwt~ on sald ~s~u! and on alt equipment and pe~~o~~ally cove~ed by lhis mort~- ~
ag~, wilh ~11 premivmi ~h~reon pa~d in fult, fire insurance m the usual stendard po!~cy form, in a sum a~pru~rd by ~ha I~tOR~GAGEE, a~d wind~tam
in~w~nc~ in the usval ~ta~xlard pot~cy fam, in a su~~ app~oved by +he MORTGAGEE, in wch co~~pany or canpa~~~es as ~he A~ORiGAGEE may
dir~ct; u+d all iire :nd windstorm inwrance poiit~rs on a~y of said bu~ld:n~f, any inee~es~ therein u~ pa~~ thnrrot, in the aggr,.-gate sum afor~said w
in ~acess the~eof, ~hall contain ~he uaual s~ar.dard mo~~gagea ciaus~ a such o~her clause as the Nb+t9agee may requ:~e, nukir~q tf:e ioss undr~ sa~d po~~
cies, each and eve+y, payab~a ~o sa~d S10RTGAGEE as ~ts inrerest may appear, and rach and eve.y e~rch po:icy shsll be prompNY ass gned and de~ivered ?o
•ny held by iaid MORTGAGEE at fu~~her sewrity to sa~d n:ortga9a dab~, and, not !eu ~han ~en (1Ql ds~s in ad.ance ol ~ha e¦p~~ahon ot each poGcy, ro dr
Gver ~o said /NORTGAGEE a renewal thereof, ~oqe~her wi+A a rece~pt fw the p~emwm oi such re~ewal; and there sha~~ be ~w f~re o~ v.indStorm insu~ance
pl~ced o~ any of taid buildi~gs. any inte~est the~e~n or pa~1 thrreoi, unlcas in the for~n and wiih ~he ~oss payable as alo~etaid; and in the event +ny sv~?
of mon~y becon+es payab~e undrr such policy or polx~es sa~d MORTGAGEE shsll have the oNf~on to ~eca~ve anJ apNly ~he sa„~e on accou~~~ ol the indebted-
neu secu.ed he~eby o/ fo pe~mif sa~d MORTGAGORS /o rKe~vs and use i1 p any pa~l the:~r~f Icu oti~er purE'ascs, tiv~thout Ih.rau~ ~v~w~~~ ot ue~pair-
in~ any eqv~y, lie~ or right undrr w by virtue of this mo-'gage; and ~n the evem w~d M0~IGAGORS shalt fa any reata+ fail to keep ~he sa~d p~a+uses so
insured, w fail lo drliver promptly any o( said policies of insura+~ce 1o said N10RiGAGEE, or fai! pro~nptiy fo pay f~tly any pre+mvm therefw w in a~y
reipect fail b pN(am, d~stha~ge, exccute, efiect, con~plett, comply with snd ab~de by th~s cove..ant, or any pa~t hcreof, aaid MORTGAGEE may plxe and
psY fw such insurance w a~y F+r1 tAereo( without waiv]ng or aftec?~ng any optlon. lien, cquity. or ngM unde. a by vir~ue of ~his Mwtgage. and the
tull amount of eacA and eve~y such paymaro shall be ~mmediately due and payable sr~d iha11 bear ~ntrrrs~ irom ~he date ther~wt vniil pa~d a~ tFw rate ol
nine pe~ cenwm per annum and rogrfher w~~h such inre:zKr shali :~e s~~~ed by the lien of this mortga~e.
4. To permit, cammit or suf(er no wasle, impairment or detrr~orat~on of sa~d property ot •ny parl thereof.
S. To pay all and sirgulx Ihe co~b, cMrges aod expenses, in:ivd+ng a reasonable at~w~ey's (ee and costs of absrracu of tide, incurred or paid at
any time by said MORIGAG'.E, Decause w in 1he evcnt of thr fa~lure on ~1~ par~ ol ~he sa~d MORTGAGOR to du1y, pra~,p~ly and futly ~rlorm, d~uharge,
eaetute, effec~. canplete, cornply wnh and ab.de by each and e~~ery ~he snpua!~o~s, agrer,~~ants, co:ul~uons. and covenanrs of sa~d prom~ssory note and this
mwrga9e any o~ either, and se:d costa, chargea a~~d expenses, esch and every, sha~l be immed~atety dve and paya~!r; wh_•iher or not tF~ere be nohce de i
mand, attempl to collect or suit pe~xl~ng; and the fufl ainount of each and ere+r wch pa.n:enr shalf oea* ~nt~resl i~Ont the date the~eo~ until pa~d at the
rate of nirw per centum Ek~ an~w~n: anc: a11 said cosrs, charges anci ex;;e.:sea incurred w pa~d, toy~~i~rr w~th such inte~est, i1~a~1 b~ secured by the I~en of Ihu
mwtpape.
0. Thst (a) in the eveM of any breach oi Ihis Mongaga or defeuh on tt+e pa.t o( ~}~e h10R1GAGOR, or ;ti in the cvent aoy oF sa:d sums of money
herein ~eferred to be not prornpriy and fuliy paid within th,rty i30) d.~,s ~~e.r a=r•~r the s.,~ne srvera',y i>ecu~ne d~e and payebte, w~ihout demand o? notke.
or ie the even~ each and every the s~ipu!a~~ons, agreementf, tc~:d+s~o~~s and covenants of sa d Franissory no~e a~~d th,s mortgage any w e~ther are nol
~uty, promptly and i~lty per(onned, d scha~grd executcd, elteued, canpteted, comp:~cd w~fh and ab~ded 5y. ~hen in e~ther or any auch event the sa~d a~
grcgate sum menboned in sa+d prorn~sso~y r.~re thrn remaening vnpa~d, w~th intrres~ accurd, and e,~ moneys sec~red hereby, shali becvme due and pay-
ab.e iwthwith, w therea:ter, at ?he opr~on of s~+d MORiGAGEE, as 4~;iy und comp:ere~y es ii a~l of ~he satd svms of mo~~ey we:e ongmally at[pula~ed
to be paid on such dty, any~~~rtg in sa.d p~o~nosory note w in this 6lwtgage ~o the conira~y ~ot+~~ihsrand.::g; anci thcreu~wn or ~herealter a1 the ophon of
sa:d MORTGAGEE, w~thout noucr or damand, s~it at law or in equ~ty, ~he~~fo~e o~ 1F.errahe~ begun, n~ay be prosecuted as if atl moneyf secured heroby
had maturcd pr~or to +ts ~~st~tut~on:
7. That in the e~ent that at the beginn~ng of or sl any t~me pending any su~t upen th;s Mo~rgage. or to foreNose"tf, of~~efprm it, or fo enfat~
payment of sny dai~ns hereundrr, said MORTGAGEE sha:I apply to tlx ~o~rt havi~:9 ~vwsd~cf~or*'?he?eof fo~'TFie`apw~nt,nent o~ a Receivei, wch Court fha~l
fo~thwifh appoint a rece~~er of said morrgaged prooerry aii and a~~y~ler, i~u.vcf ng u!1 a~~d s~ngu~ar ~he ~RCOme, pr~f:ts, issues ar.d ?esert~es fran whntever
wurce de~ived. each and every of wh~ch, it beu~g exp~essly ~nde~stood, h Ie~rb~ mo:+g~ged a~rf~sp,4yt~~~;~~,} farh ~nd desaibed in the yranting u+d
habendum clauses he:~f, a~d wch Recriver shall have ell ihr b~oad and ef'ecnve fYj{csbn~feA~powavs'f teyvTse emrusteci by a Cour1 to a Receiver, and
s~ct~ appointment shall bc mede by such Gourt as an adm~rtrd equ~ty and a ma~rer o~~iui~~:g~,~rs~/d~~~e artd wuh~:uf reference to ths
adeq~acy or inadequacy of the ralve oi ~he property moriyaged or to ~Fx sa~e~cy 6`~ie y ~~bid `M 2~R w the detendants, and thal such
rents, profits, incurne, ~swes and revenues shall be appGed by such Recr~ve~ a;cor~u~ta f~, d~pr ~y~t~~f~c~,~1~tTGAGEE and ~he pradice of such
Court. ~ '
f~y V.~:f M4:T C?
8_ To du!y, promptiy and fully perform, discharge, execute, effect, co~+ptete, c~~~s
~~r~i~~.~.JN~ ~?~~~1 ~~stiP~tions, agreements,
caidi•ions and cove~anb ~n aa~d prom;ssay note and th:s n:ortg~~e srt forih. y~~~~ (]l ~-~J ~r •
9. That in the e~ent the ownersh~p of the mo~tgaged prem~ses. or any part thereof, 6xomes vested in a person other than the MORTGAGOR, the
h'ORTGAGEE, its auccessors ar.d ass:gns. may, wi~hvu~ no~~ce to the MORi%ApR, deal w~th svch s~ccessor or s~ccessw ~n imerest with reference lo this
mongage and the debt ~ereGy secured in the same manner as with .'ortgagor w~thout in any way vit.ating or d~scharging the Mortgagors' Iiability 1Kre-
~nder or upon the drbt herrb~ srwred. No safe of ~he F~rm~ses herebr moslgaged ard no fc~bea•ance on t4~e part of the ?J10RiGAGEE or its successar~
or ass~g~s and no eatens:u~ of the =~me for ~he pay~ent of the deb+ hc.eby sec~red g~ven by ~he MORIGAGEE~or its successors or au~gns, shall operote
to retease, d~acharge, mod~fy chan9e o~ afiect the o~eg~nal liau:i~ty of the AtiORiGAC,OR here~n, either in who#e w in part_
10. It is speuf~caity rgreed thet time is of the esser.ce of th~s C6ntraCl and that no wa~ver of any obl~gat~on he~eunder w of the obligation se-
cured hNeby sha„ ai ar.y t~me t~reafter be heid ro be s rye~ver of ~he terms herec,i a oi the instr~ment srcured hc~by.
I1. In add t o~ ro the iaegd~~q monthly paymems of pri~c pat a~d inr~-res~ reqv~red by the prom'sicry no'e se::;+zd he:ebt, mortgagor eovenants
a.:d agrees to ~wy to n,oreyagee v~uh each mcmh!y pay::,ent an add,nona! su~n ~~s~ ~ a~ed by morryagee to be eqvai ro 1; 12 of the a~»>ual cost of the follow-
ng . .
A-A!i rea! prope~ty ta:es lev~r~ or assessed 3g3~ :st thr above descr~~.d rtal estate.
B--Pz~~~~~ v~•~s on fire and w~wdstorm inswance as Fx~e~n requ.red to be can~ed on the ~marovemeats s:tuate on the above d:sc.ibed premises.
C-Pre+niu~r~s en suth m.ortg~ge guaranty ms~~rarce as mo~tgagee :hail f:o~* tme to iime drem fit to carry on the loan secured hereby_
Mwtgayee s~+~'~ trcm hme to ts:~e no:~fy me.tyjgor ~n wrin~:g of the dTUU'1} d~~ ar~d payable hereundrr arx! such sum sh~!1 the~eupon be due and
;arable on the d~e tiate of ihz i*ext month:y payment and eacn suueas~ve mo~th tnereafter or.ti~ mortgagee shall not~fy mortgaga. of a change in such
, e-•o~nf. Such wms nF ~:i ix app:~ed by mcrtgag!e toward 4~e payment of real property ta~es, insurance p+em:ums, and mo~tgage guaranfy insurarxe
~ eremium3. '
~ iN WITDJfSS YIHEREOF tne sa~d MORTGAGGR has hereunro set his har.d and seal the day and yea fi~st iwesaid. F
Seaied .d de~ivered in the prese~+ce of: ~ ~ j
FILEO ANC REC R
~ ~ 1 F~~ ~ t
. iT.IUCI~ COUN T . vey ~
~ • ROGER POITdA3 . ~"n ~
~ CIERK C1R~U1T COiI ~ ~n '
" 1 nQ . e-~ RECORO vERiFiEO ro Qn c ns
STATE OF flOitlDA M' 1~
~ ~ ~I~r 1 11 ~ ~ 208~922
~ _
Before +ne perwnally appeared - _ Cs• HitYQ~l .1~I1~Ai _
Dosotby l.• Jenkins _ h~: w~(e, to me well known and known to me to b~
the individwts described in and who extcuted the fwego~ng inssrume~t, and acknowtedged befort me that they executed the same fp tM putposa~
norotny L. .IQRIC1AS .=n.:
therein expressed. And the said - - ~
G, Hssv~y JQnkiAS
f.~fe of the said - - vf~'N ~ ~ ~
e.am~nat>on by me taken se~-.arate and apa.t f:om her said hwba~d, ack~owiedged to and beforc me that she executed sa;t~•M~r . ~ a~•vOiw~-
ranty and w~thovt any cornp~~s~on, constroint, appr a:on, or fear of w irom her sa~d h:.sband. ~ yN~
- t • L
WITNESS my hand and cffiual ual this_ -.~Z'~ day of_ - _ ~
•
1fi [tvS~--.~ 1_L7<L-`^` ~ 1~:'a~•:;..,~~,~ ~ ~ ~ .
~ _ Notary P~blic in a~d f Ihe SIr~~ ~~,1 w
' My Cemm~ss~on expires: Y ~
~ ~3 ~
~ Reu~m To: - • ~ ~
first Fedewl Savings 3 loan Asw:~at,on ~L ~ ;
Of ~ort V .:ce ~ ~ !
~ r. S7A/F ol FlC?R".1~,~
~ NRT~"X~/~ ~ ~ r ~ t • . ~i~ S
Fort P+e~ce FIur~J+ - ~ ~ , ~
~ MY t. • . , _ .
~ dpryptip TMRUUuM fRLG w• ~~t~T~
~ l1- ~Y
~ This Instrument Prepared 8y JOhA W. CO11~A!
~ First Federal Savings b loan Association
~ of Fort Pierce ~ RlOZida
~ Checked BY •
R
~~ig2 95i
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