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9. To plec~ •nd continvoualy keep on rhe buildings ~ww o~ h~raa(ia ~i~wt~ on s~~d land end an sll equi~menf tnt! penonally covered by fhis mortg-
+g~, with al! prem;um~ thercon pa~d in full, lire infurant~ i~ the usud ~tandard poiiq fam, in a wm •Npro~ed by Il~e MOR+~AGEf, and windtitorm
~nw~anc~ in ths usual sianda~d pol~cy iwm, in a sum approved by the NIORiGAGEE, in wch canpany o~ canpan~es as the MCRTGAGEE may
dincl; ~nd all (ire and winds~orm iosv~~nce poticies orr ~ny of ~s:d b~ild~n~~, •ny inlerast ~here~n or part thrreol, in the apy~rg~r~ s~m alwes~id w
In ~xcea thereo}, ~haU ca+~ain ~he usud s~a~~dard malgs~r~ ci~use a ruch o~l~er clauie ei the Mo+tgagee may requ~ra, maku~ ths loss under sa~d poiN
c~es, each and every, payab~• ~o sa~d A~ORTGAGEE a~ ~IS int~re~t may ~ppeu, •rxi exh and every such pot~cy sha!! be prompNy ass gna~i a~.d del~vered ~o
any held by si~d MORiGAGEE +s lurther security to said nwrtyaye debt, and, no~ lesi ~Mn ten (101 day~ in advance ol the e~ph~Gon ol each poGcy, lo de- `
tiver to iaid MORiGAGEE s re~uwal thereo(, toqethK wi?h a receipl lor Ihe p~emivm ol such re~rwal; and Ihere ~ha(1 be no f~re or windslonn insur~nce t
p~~ced on any ol i~id b~ildugs. eny interetf therein or {urt lhereof, unless in tF~l~ lorm a~ui w~ih Ihe los~ payablt ss aforesaid; and in the eveM any sum
of money becumei payable under such policy or poNcis~ said MORiGAGEE ~hsll haw ~hr opt~on ro recc~ve end apply the seme on accoun~ ot the i~xleb~ed-
ness ~KU/td hNOby 01 i0 plrmil ~sid MORTGAG~RS to receive ~nd u1~ iT p•ny pary th~:eoF for Q;n• r{,v~NVfrS. ~v~thv~t th o~ ~v~ir~n~ or ~mp~ir-
+np ~ny ~quity, lien or ~~pht under or by v~~lue of this mo:tpage; and in thQ event sa~d MORIGAGORS shall Fw any reason tail to ketp the sa~d prernitcs so
in~ured, p isi) fo dclive~ prump~ly ~ny of said policies o! i~surante to sa~d MORTGAGEE, or faJ promptly to pay fu(ly any pre~nw~n thcn~for o~ in an~
rsipett (~il tp pe~twm, dis<harye, executa, elfect, complele, tanply with ~nd ab~dr by th~s cove~am, or sny p~r~ hrrcoi, se~d MORIGAGEE n~ay place snd
pay for such inauraoc~ w~ny part the~eof wiehout waivin9 w aiiectinp aoy option, lien, equ~ty, or r~ghi under w by rnlue ol thi~ Mo~igage, ~nd the
full amwM o( each and ~.~ry ~uch peymem shall be ~mmcd~~teiy due and p~yabfe and fhd~~ ~`df inrera~st i,an the d~te thenwl un~il po~d a~ the ro~e o1
~unt per centum per annum and togr~htr with suth interest shal{ lx xw~ed by Ihs Gcn of th~s mortgsge. ~
1. To p~rmit, commit w sutfe~ no wa~~e, impairment a dete~io~etion of sa~d property w a~y pa~t thrreof.
5. To pay all ~nd sinqul~r the costs, charges and expenses, induding a reasonabte atiwney i fee and cests of abitraas oi tAte, incurred or paid at
any time by sa~d MORTGAGEE, becavse w in the eve~t o( ths (~Jure on the parr of ?Ae sa~e! MORIGAGOR ~o d~iy, p~a,~Ntly snd futly p~rform, d~uharge.
e.ecute, elfec~, compte~~, comply w~th and ab.de by each aod every the sd~,la~wns, agrcemems, co~d,+,o~s, •nd covena~~ts oi se~d pran~ssory note a~~d ~hfi
mo~tgaqe any or e1~h~v, and sa~d costf, charges and eape~ses, each and evary, shalt be im~nrdiatrty dae and psyab:r; wherher w not rhrre be no~.ce dr
mand, anen,pt ro collect w suit pe~~d~ng; and the full amouM of each and eve.v svch ~~ymem shall bear ine,:res~ from ~he dare rhereo4 umil psid at the
~~te of nirx~ per ccnrum ~xr en~,u~n; a~x! ell said costs, chargea arxi ex~nses incurred w pa~d, toyn~her w~th wch inlerrtt, ~hall be secured by the Gen of Ih:s
mortpa9e.
6. That (a) in the eve~r of any biexh o! this Mor?gag~ or defaulr or~ tha part of tho MORTGnGOR, w;b) in the event any o( sa;d sums of mo~ey
herein reterred ta be not p~omplly an(I lully paid wi~h~n thuty (30) days neat atter the s.:nx se.ere:ty become due and pa~aWe, withou! demand w notice,
o? (c) in the evcM rach end every the sliputahons, agreements, cood~t~w+s and covenanrs of sa.d p,om~sw~y nae and ~h.s nw~tgage any o~ elthe~ aro not
~uly, promptly and i~tiy perfor~„~-d, d•uMrged, e~etuted, elfected, comp~eted, tanpi~ed w~~h and ab~ded 5y. ~hen in e:ther or any such eveM the sa~d ag
g~eya~t sum mere~oned ~n smd prom~sswy note Ihen remaining unpa~d, with imrrest acuued, a~xf aa1 owneys secured Ixreby, shall become due and pay~
eble•fo~thwilh, o~ rhrreaf~c., a~ the option of sa~d MORTGAGEE, as fuily and compfe~ely as ii a~l ol ~hr sa~d wmi of nwncy wcre or~ginatty snpuiated
ro be pa~d on such day, any~A~ng in sa:d p~omiaswy note w in this Mortgage to the con~ra~y notw~~hnra~~d~~x3; und th~reuF~on or ttwreaf~r~ ~t th~ opnon of
sa:d MORTGAGEE, wltheut no~~ce or ~¢mand, suit at law or in equity, thereFo~e w tl~ereaite? begvn, may be prosecutrd as if alt moneys secwed hereby
had matured pr~o~ to ~ts insnt~hon. ~
7. Thst in the even~ thet at the brginn~ng of pr ~t any Iime pendi~g any su~t upon ~his Mortgage, w to foreclose it, of to refam it, o? ro enforce
patimen~ oF eny Na~ms hc~eunde?, said MORiGAGEE sAatl apply to thr Cou.r hanng ~urisd~cnon rF,ereof fw the appomtment of a Rece~ver, euch Cour~ sha~l
fo:fhwith appomt a receiver of sa~d mo~tgaged prooerty a~l and singular, includ,n~ a~l a~~d s~nyu~ar th~ incon,t, pro6ts, iswes and reve~ues fran whatever
s: u•ce derived. each •nd every of ~Yh~ch, it be~~p expressly undersrood, is hereby mong.u~..~d as if speufica(fy sN lwth and deuribed in the granting and
hebendum dauses hrreof, and such Rece~ver shall Mve all the proad and ef(ece:vr lu~u:ons and powers i~ anyw~se emrusted by a Cour~ to a Recriver, and
s.,ch appoinrment shait be made by wch i,ourt as an admined equity and a matter of absoluie r~gAt to said MORiGAGEE, and without re(erente to Ihe
edrquacy w inadeq~acy of ihe vetve oi the property mortg~g~ ar ro the so~vrncy or ~nro:venty ol sa+d MORiGAGOR p the defendami, and ihat such '
ren~s, prolits, inco<ne, issues and revenues shall be applied by s~ch Receive~ ac~ord~ng to tM lien or equity o( said MORiGAGEE and the practice of s~ch i
Court.
8. To du:y, prompt!y and ful~y perfwm, discharge, execute, effect, corrplete, con,yty w~th and ab7de by each artd every the stiputations, agreements, ~
conditions and covensnts ~n sa~d promissory note and ~hi~ mortgage set fp1h.
9 Thal in the event the ownership of the mo~tgagcd premises, or any part thereof, Eecomes veat~ in a pery~n other than the MORTGAGOR, il+s
MORTGAGEE, its wccessors and assig~s, may, w;~hout rwt;ce to the A10RTGApR, deal w~th such successa a successw in interest with reference ro th~s
n•ortgage snd the debt he.~by secu.ed ir, the same manner as with Aiort~agor witheur in a~y way vit;ati~g or d~schargtng the Mortgagors' tiability herr
under or upw~ th~ debt he~rby sec~r~. No sale of the pr~mises hereby mortgaged and no for~arance on the par~ of the /dOR1GAGEE or its svcceasora
or ass~gns and no extens:on of rhe rime ior the paymrnf of the debt hercby secured g;ven by the MORiGAGEE or ip successws w au:gres, iS:all operate
to retease, d~xharge, mod~fy ~ha~ge or affect 1he orig+nal liab:7~ty of tht MORTGAGOR herein, either in whole or in pa~t.
10. It is spec~fically agrecd thaf ~ime is of the eaunce of this tontract and that no waiver of any ob~igat~on her~nder or of the obligation se-
cured txreby shali at any time th~reatter be ?teld to be a warver of the terms hercof o? oF the inslrument setwed herby.
I1. In add.r.c.a ro rne forego'ng ntonthly payments of p~.~c pal and interest requ~red by the prom ssery no!e sewred hereby, mortgagor eovenants
and agrees to pay ro mo•tgagee w~th each moroh!y payr.,ent an add~cional sum est•mared by martgagee to be equal to 1' 12 of the an~~al cost of the fo~low-
~n~:
A-AII .tal properey taxes tev~ed or assesseci agaG~st r?u_~ above described « al estate. k
B-F~,~~~: „~s on f~re and wir.dsrorm insvran~e as here~n +equ:red to be ca.ried on the ~mrroveme~ts sitvate on the above descrl~ ~
C-Pre~^+~:T~s o~ s~ch mortc~age guaranty ir.s~rar,ce as mo•tgagee shall from t me to t~me deem fit to cnrry on the loan sec~ }ie[~~:. ~
Mortgagee sha ; f~em time to t~me not~Iy mo.tgagor ~n writ~ng of the amou~t due and payable hereundrr and such sum ~~atr,lh q•b~~d4dar~d
carab?e on rhr c~~e da+e of rhe ne;t month'y payment and each success~ve manth thereaft:r ur,til mprtgagee shall notify mo~1g ~b;~h
~~~~rnt. Suth s~:ns shs : be apE::ied by mortgagee toward the payment of real proptrty taaes, insurance {xem~ums, aex! .~y~y
o•emiumi_ -
!N WITNf~S t.'HZREOf. rhe sa~d Ak~RTGAGOR has Fxreunto set his hand and ~eaf the and ear fir . '.r~~ ~ ~ i
' S~ ned, Sea1 a~d ;iv in the presence of: FILEO AND RECORDED jj((; ~
. sr. iucrE cou~tr Fc~. B7; .
RO~E~ POITRAS ~
CLERK C~~CUIT OURT J~ ~ . ~;q
_ L ~~G, ~ t; RECORD YERIFlED $T - , ~ n
MaY ! 1 2 05 e~'I l 8~~~ P~~ ~.n
.
2~J939'7
STATE OF FIORIDA COUNTY OF ST. 1UCIE
I HEREBY CERTIFY, That on this ,~~i day of_____ , A.D. 19~, '
before me personaily appeared JOSeph PIBO~pi and BlailChe Peoni _
respectively ~ President and _ ~ Secretary , of
Z'~eriytreather Investaient Comtiamr~ Inc a_____,_ _ j~pr~___ _ Corporation, ro me
~
k^o ~vn to be the persons described in and who executed the foregoing instrument, and severally acknowledged the exe-
c.;••~n thereof to be their free act and deed as such officers for the uses and pursoses therein ment;oned; and that they
a';"ixed thereto the officia! seal of said corporatio~q,,,~,,the said instrument is the act and deed of said corporation. ~
~'?fTNESS my hand and official seal at Fort Pierter-,,~ -
_ said county and state.
l~is insLriment prepared by John- ji? .Cp~a~ ~
First Fedsral Savings and Loan /[s~aciti"~aon ~-':-----,~`d~-~ ~-(,~2~^• -
of Fort li,eree, Flor3da = ' . s -e~+~'~?,~:-' ~otery Publ~c, ~n ~e~ ~~c~~
~;,F-•~'•, ~i ~.~My Commissio ~~~ON EXWRES SEPT. Z3, 1~'73
~~'.j~ - :J ~ . ~O~ nwI Fr w. o~r~o~ :
. r,: ~
~y
Checked By L~~__ - .
. dooK 192 1607
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