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3. To pl~n •nd comi~vous~y ksep on +M bui~dinps now w her~altN i~twt~.on sa~d Iand ~nd on aI1 equip~n~~t and pe~w+uitY tavtr+d by thit rtwr!¢ i
with ~11 premiums therton prd ~n fu11, }~re in~urance 7n ?M ~wa~ •~a~,d•.d poiKy form, in ~ ium ~pixov~d by tM MOR(GAGEE, ~nd wind~torm ~
in~w~nce in 1he uswl s~andard po~~cy 1w~n, in a ium wp~o.ed by tM N10RTGAGEE, in ~uch company or canpeniet as tM MORTGAGEE may ,
directf and all lirs and wEnd~~orm insv~ance pulic~et on any ol ~a~d build~nyt, ~ny im~.~N the+ein w put tMrrol, in ~he +ypreya~t wm afor~said o~ j
in ~xeeu fhereof, sMll contain ~he uswt •ra~~dud mortgaye~ daus~ w such o~he~ da~~~ as tM Maipa9se m~y requ~r~, maAir~p tM to~f under s~~d pol~ {
cies, e~ch ~nd ~very, payab~e to said N10RTGAGEE as its inte~aft may appear, and each •nd tve~y tvch po~icy ?hall b~ pranptty ~ss 9~~cd a~d deliv~red ~o i
~ny held by said MORTGAGEE ss turehe~ secu+i~y vo ~a~d mortpay~a deb~. and, not teu tMn 1Jn (101 daya in adva~xe of tM txpi,a~~w? of each pulity, to d~ 1
~iw~ 1o Mid MORTGAGEE a re~xK•~I 11urwf, to~e~hs~ witA a rKe~N1 fa Ihe p.emium of tuch ~enewsl; and 1her~ ~F,~11 bs no f~re o. wind~~or~n ins~ranc~ ~
p~aced on ~ny of s~~d build~ngs, a~y intereu thert+n w p~r1 1he~eof, untess in the form aRd with ~M loss payable as ata~ald; ~nd in tM •vent a~y tum ~
oi mon~y becp»~i payabl~ u~d~r tiuch policy o~ polic~es said MORiGAGEE ~hsll have ~he opnon to receive a~id apply M~ same on accovnt o( tM Inchb~ed- ~
neu secur~d herepy or to permil ~a~d MORTGAGORS lo rettiw ~nd uH it p any par~ thereo( for othc~ p~rF~cscs, ~v~~Fw~:t th_r~o~ waivi.ey~ a~ unpae~-
i~q any oqu~ry, lien or riflht und~v or by v,rtve of ihis mar!paye; ~nd i~ the •vem se+d MORTGAGORS ihall to~ any reason (ail to keep fhe said pr~mius w
insured. pr (ail q tk~ive~ prpnptly any of said policief of iniurance fo sa~d MORiGAGEE, w t~~l pron~ptly to pay lully any pro~niurn there+ot w in any t
reapect fail b pKform, d~xnar9e, execute, efiect, complere. canply with artd ab~de by fhia covenan~, w•ny par~ hereof, said MQRTGAGEE may pl~ce and
paY fa such i~swanct or ar+y put thereof w~thout waivinp a aff~ctinp any opt~on, lie~. equity, or ?iyh~ undea a by virtue of ~his Mortpa9~. and Ihe
tu11 amou~t ot sacA and ~v~ry such paymem shall bs immed~~~ety dw and pay~bfe and ~hall be~. interest fran tM dat~ thereo( until paid af tM ~~t~ of
n~nt pea ce~tum pe~ arsnum and to~ether wi~h suc~ intcresr ahali be secured by tM Ilen o! tAta mar9~ge.
To permit, commit a wifer no waate, impairmeM or deterioration o} ~aid property or ~~y prrt thereoi.
5. To pay ~II ~~d s~~+yutar the coats, charges and expensea, includ~ng a reasaiable ~»wn~y i fee a~xl costs o~ abstracts of title, incu~red w paid ~t
an~ r~me by sa~d N?ORTGAG:E, beceuse o. in ~he event of ~he fa~lure or~ ~he part of ~he said MORIGAGOR ro duty, pra.+pily ~nd futly psrform, d~uh+rpe.
rxeruts, effect, ccmplete, canpty w~~h and ab:de by eech and every ~he st~puiai~ons, agree~~ents, mnd~uau, er+d cove~a~~ts ot sa+d prom~ssory note and thu ~
mwt9aye any w e~~he~, end sa,d cosri, chsrges and expensea, cach and rvery, shail be immcd~~tety due and paya6lr; whether a not the~e be nohce dt
mer+d, ettemp~ to cotlect or suit pend~ng; a+xl the fv!! amoun! of cacl~ and every su<h paymem shall bea. interos~ trom the date thereof until paid al the
rate of n~~ per ca~t~en ~wr dlblUll; d!14 a~l sa~d costa, charges a~xi c~.prns~s incu~red or pa~d, tWe~her w~th s~th ~nte~rit, ahall be setured by th~ lito of this
mort~ye.
6, iMt in tAe event oF any bre.xh of thi~ Matgsge or defau+t on fhe pa~t of the MORTGAGOR, a(b? in 1he evenl •ny ot saia tums of moeey
herein refHred to be ~ot p•on,ptty and f~lty paid v.~~hin th:~ty ~30) days ne,~t a!~er ~he san.~ severally brco~ne due and payable, wiitwul dema~+d w r?otice.
o~ ic) in Ihe event eacA and every ~he st~pu~ahons, sgreeme~us, cond~r~ons a~d coven~nrs oF sa•d pro~»~ssoey no~e and f?us mortQaQe any~a e~ther ~re no1
i~fy, promptly and fulty perlormed, d scha.grd. eaecuted, elfect~d. <ompieted, tompi~ed wNh and abeded 4y, then in enher w any wch eveM tFk s~ad aQ
g~egatt wm menriw,ed in sa~d p~om~ssary~ note then rema~n~ng ~:f~~d~d, wnh inie~rs~ acuued, and au rtwneys secured hereby, shati becume due ~nd p~y-
ebie (cxtl~wdh, w theresfrer, at ehe oprion of sa:d MORiGAGEE, as tu:1y and completety as il aH of fhe s~~d sums cf monry wrre angin~lly sGpul~ted
to be pa~d on svch day, a~ything in sa d pro:r.~ssory note w in this Mxtgage to the cavrary notw~~hsta~~d~~g; and thereupon o~ therealter a~ tM opt~on of
sa~d MORTGAGEE, withe~t no~~ce or demand, wit at iaw a. in equ~ry, the~efore or thereafrer bcgun, may be proucuted ~s if a11 mor~eys secured hereby
nad marur~ed pr~or to rts ~n:t~tur~an.
7. That in 1M event th~t at the bcginREng o! or at eny ~ime pend~ng any su~t ~pon th~s Mortgage, a to fo~eclose it, or fo refwm it, or to enforc~
p~yrnem of any cla~ms he~eunder, said MORIGAGEE shalt app!y to the Co~n havmg ~unsd:ct:pn rher~rof fo~ the appo~ntmeN oi a Receiva, such Coun shall
fo~thwirh appo~nt a receiver of sa~d martgaged prooe~ty all and sing„ia., int;ud.rtct ai! a~d s~ngu~a: t~:e income, proGts, issves snd revenues from whatever
so~*ce dev~ved. each and evey of vvfi.ch, it beiny exFxeasiy unders!ood, ~s h.ereby morrgagcd ss if speaficatly sel (orth and drscribed in the pra~tinq'and
habendum dausrs her~f, and such Rece+.e+ shell have all the b.oad and ef4ec};ve funcr ons and powers in anyw~se entrusted by a Cour~ ~o a Receiver, snd
s~ch sppo~nrment shalt be made by svch Court as an ad ~;tted equi~y a~d a metter of abso'~ute r~ght to said MORTGAGEE, ~nd withoul referente ro tM
edeq~xy w inaAeqvacy o~ the vaiue of the pro~vty mo~tga9ed or to ehe so.vrncy or ~r.solvancy o( said MORiGAGOR p the delendanis, and thel such
renrs, proHn, inconx, ~uves and re~er.~es sMi1 be app4led by svch Rece~ve. ar.ord~~~g to rhe lie~ or equity of sa~d MORTGAGEE and the practice ot ~uch
Covrt,
8. To d~ty, prempt;y and f~?ly Ferfam, d:scharge, exec~tr, effect, comp!ete. compty wifh and abid~ by euh and erery the stipulatio~s, agreements,
conditions and tovenants m sa~a promasery note end this r+satgage srt iwih. , i
9. That in the evem ~he owne•shEp ot Ihe mortgaged prem~ses, or any part thcreof, becomea v~eated in • pe~soo other than the MORTCsHGOR, ths ~
A!ORTGAGEE, its s~ccesso+s snd ass~gr.s, may, witFw~t ~ol~ce to me 1M1ORTGAOR, deal w~th suc6 successor or succeaspr in interest „vith reference to this
~^o~sgye and rhe deu~ he.eby sec~red in ibe samr manner as w~th A1or;~ego. wiehoul i~ any way vit:sting or d~ai[h~g~ng the Mortgagors' liability her~-
ur.der w ~pp; tl~e debt he•eut sewred. No sate oi ~he prem:ses hereby rw~~gaged •nd no iorbea~ance on Ihe par~ oi the !~{ORTGAGEE w itf successors
o~ auigns and no eaTens:on of ihe f~me iw ~he payneent of rhe deb? he.cby sccu~ed give~ by the MpQ!{',AGEf or iti successws w auipns, shall op~rat~
ro rc~ease, d~uharye, mod~fy c'+snge w affcct the orig~nal liau.t~ty of ~he AtORTGAGOR hcrein, edher ia whole w in p~~l-
10. 1t ia spec f~cal:y agreed that timr is ot the essence of th;s contract and that no waiver of any obt+gat~on herevnde~ a of the obligaYae sa
c~red hereby ahat~ at any t~me thereasfer be held ro be a waiver of the terms hereof w o! the insaurr~rnt secured Fu~by.
1 i. ~n add r:~-, ro rne fwego'~g monrh~y payment~ ot pr~nc pa! and :nfe~cs` rrqu~red by the prom;ssc~y no'e sccur~d hereby, mortgagw tovenanta
a~•d ag.ees to pa~ rc v-orrgager w~th each ~nontfi;y ~y~,xm an add~nonal sum est~:aated by mortgagee to be equai to 1; 12 of the anoual cost of the follpyv-
;n~:
A-Ai! rcn~ re rt faxrs fewe~ e- ass=ss_d agai•ist thc above describcd r,a1 esraM. ' ~
r Pe Y
8-Cran. ~s o~ f;~e ano w~ndsto-m ~nsurar.ce as herr~n requ~red to be ca~r~ed on the ~mcrovements srtuate on the above described p~emises. _
C-Pre^.:v~~s o~ such ~rorfy~qe yua•anty irwra:;ce as mo•rgagee s!~ael fro~c t n:e ro time deem fit to tarry on the ioan secured Fx~eby. ~
Mo~sgagee s~e ` f-em t~ ne ro r~~^e ~.c-~~f~ rricrtyago~ wre+,ng of the ar, o:,~s dur and payable he~eunc~r and svch su:n shall thereupon be due ~nd
~ayabte on the ~ue 03tC of the ne+r ^~o:rh.~ pay~:em and e~ch wccessive mor~h thR:eafeer ur.~i1 mortgagee shall not:fy mortgagw of a change in s~rch
a^,ount. Such s~~rs st=_ ! 5e apF..ed oy •no~rgagee ~oward the payment of real pruperty taxes, insu~a~ce prem.ums, and mortgage gua?aoty iowqnce
e•~rniurt~f.
IN ~'v 7N S; :YNFRi^v~ ~ne sn~ ORTGAGCR has hereunto ut his 6ard ar,d ual tfie~day a s{oresaid
a!ed d ~ ~n e pf:
-7 ~
Wi e , ..J. FILEO ~?M? RECORDEO ~ ~j/•~
~ - ame J. ~.n
sr. ~uc~F couwjr Fu?. ~
ROGEp POtTRAS
Witness 3~'.r W• C~E C? ED COURT udre . Docos ~
RE COR~
57aTE OF /~7CX I112 01S i3
~ouNTtr oF ~ o o ~
eefae me pe~w~a~1y appea.ed _ J8It1B5 J. IIOCOS ~
Asdrey D• ~'JCOS his wifs, to me well known and known to me tp b~
rhe ind~v~dwts descr~bed in and wFw earcv~rd fhe faegoiny instrument, and acte~o~n,leJped befwe me that they executed 1he iame iw t~ purpose~
?rK.~;~ ~,~.~,Ka. a,a .s,d Audre~r D. Docos
.N~~e a! the sa~d _ J~3 J. ]~pCOS
+,pw? • ~p~ia~.,~' r~'p~irs~.
e~am~nar~o~ by mc u3cen aepa•re~ and apa.t from he. ia;d h~sba~d. ~cknowledged to and before me that she execured said inatrwn~~J~~fY and vplun.
rar~ly and w:thp~R ~rgr con~pu;sion, cor.straint, ap~ a,on .w fear of w frxn hei said husband. ±yr~,- _
YY111tE3~.tq~!,I~a~ Ied officiaf sesl thfs-- 1'll ~
.r. _ d~y ol~- ' lf
-.rS~~ ~ i-~^ ~ ~s'~, ~
_ IJotaiy Public en ~nd foi tt~..~ nois
• ~
r~?'.~(,~~ ~~w:•~-r.. My Comm~ssioo e~cpires: OC .:e
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F` f~r ~LL~n Associ~t~on - : ~ .
p•;`_ f~G3~ k:,E ' ' 1 ~7~ ~ - .
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This ~~t+?}tiNrhent Prepared By Wnl. E. Braun ,~•`S R~
First Federol Savings ~ loan Association -:a
t~.~~`' '
of Fort Pierce ~ F1o1"f da ~ -".b, ~ ~ '
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Checked By~_~ _ ,
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