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3. To plaa and con~i~uoualy ke~p on tM buildinps now w hereaitN uwal~ on said fand ~nd on att equip~nent and perwnally covcred by thif mo~ty~ 1
~ge, with all premiuma Ihereon paid in fvll, fi?e intur~rtc~ in IFN u~uat ~t~ndard pot~cy fwm, in • sum approvad by ei?e MORlGAGFE, ant! wind~tam ;
~n~w~e~c~ Ir~ th~ uswl sunda.d pol;cy tam. in a wm ~pprov~d by tM MORTGAGEE, in wch company w compan~es as ~h~ MORiGAGEE may +
direc~r ~nd ~tl fu~ ~r,d w~r+dstorm ir?suranc~ polrc~s on ~ny of wid buiid~nyf. any inrer~s~ ~Mrein or pu~ ~hercof. in tt?~ agyrsy~tt tum ~fwstaid o~ `
tn exuss ther~of, ihatl con~ain the uswl stendud mor~qaya+ clwk a such ot!?er clav~ as tM Ma~yayee may rcqu~r~, makinp th~ loi~ under sa~d poli~ f
c~es. each ~nd ~very, paYable ro sa~d MORTGAGEE as in inte~es~ m~y ~pptar. and tath arxi eve~y stxh ~ali.ry iha{I be prort!ptly ess g++ed a~+d de~~~aed ~o ~
any held by s~id MORiGAGEE ~s fur~hsr sec~rity to said mw~9~q~ dabt, and, oot tess rMn ten (10) dsys in advance ol the eapi.ario+? of each pofKy, to d~- '
Irvi? to said MORiGAGEE ~ renewal thereof, ~ope~h~r with a ~ete+pt for the prtmium of ~vch renewat; and ~here ihall ba no f~re a windti~orm insurance ~
plac~d on any of said buildinys, any intereit thcnin or parl thereot, unless in tM form and with ~h~ lou p~yable as aforesaid; ~nd in tt+~ evenr any ium ~
of ma»y beco~+e~ p~yabt~ und~r such policy or policie~ said MORIGAGEE ahall haw ~he opt~on to receive and apply the aame on accovnt of ~M ir+debted-
ruu setur~ FKr~by or p permit said MQRTGAGORS lo rKeiv~ artd ui~ il Or any pa~l Ihereof ior othcr pu~posrs. w~thoul ~h_rip~ waivi~~•~ o~ m~pair-
inp any pv~ty, lier~ p righl w~de~ o~ by virtw of this mo::yaye; and in tl?e event sa~d MORTGAGORS thaU iw any reason (ait to keep Ihe said prem~ses so
insured, Or fail b delivM ptprnplly a~y of said policies of infursrK~ t0 s~~d MORTGAGEE, o? fail promptly to pay luily a~y premium therelo~ w i~ ~ny ~
re•Pecr f.il ro p«tam, dxh.rge, axecuta, eftect, complete, comply with ~~d ab~da by this covenant, w any pa~~ hereof, ~aid MORTGAGEE may piace a~d
paY fa svch insu~uxe p a~y part thereol withou~ w~ivinp a ~ff~ciiny any option, lien, equ~ry. w rigM unda w by virtw of thi~ Mwtga9e. and ~Fx
lull amo~M of ~ach u+d ~vKy ~uch psymeM shall be imrnediately dw ~nd psyable and shalt bear interest irom Ihs date thereof u~til paid at the rate of
n~ne per centum pK ~nnum a~d toge~her with such interest shali be secured by the lian of th~~ mort9age.
To pHmit, commit w suffer no waste, impaiament or deterioratio~ of said property or sny part thereof.
5. To pay at! Md tinQutar 1hs costs, charpas +nd eapense~, ir+clvdinq a reasonable anwney's fee and cosp of abs?racts of ti~le, incurred or psid a~
eny time by said MORTGAGfE, because w in ?Fw event of the (aiiure o~ the pa?t oi ~h~ taid MORTGAGOR to duly, promp~ly and fvlly perfam, d~xharge.
cxecute, ~f(ect, compiet~, comply with a~d ~b;dt by tach and svery fhe sl7pulatwn~, sg~eemenl3, condi~iona, and covenants of said promissory note a~d th~i
mot~gaps any o~ either, and sa~d cos«, charyes sr+d expcnses, exh ~nd every, sMll be immed~ately due and payable; whether o~ not ~here be no+ice do-
mand,~atlempt ro collect pr suil pending= and tM (ull amounf of each snd every s~ch Faymem shalt bear interesl from the dare thereof vntil paid at the
.ate o; ~ins per cer~rum per smwm; and all said costs, chargea ~nd expenus incwred w paid, togetFur w~th such interesl, ihall be ucured by ehe lien of ~hii
mort~~. . ~
6. ?l+at in tt`e eve~t of ~ny breach of this Mortgage w default on the part of the MORTGAGOR, w(b) in rhe event s~y of satd :~ms of Rwney =
herdn teFerlld 1o be not promptly and fvlly paid wilhin Ihuty {3p) days next afte~ the same severa!!y become dve and payable, wishout demand o? notitt, !
or in iM ~vMN eac~ and every ~hs stipvlations, agreements, cond~tions and cove~anrs of sa.d p~omisswy note and th~s mortgage any or ~ither ~re not
iuly, promptt~r and fu y perfo.med, d~xharged, execured, effected, compkred, compl;ed w~rh end ab.ded Sy, fhen in e~~her w any such event the sa~d ag
yreyat~ wrn menta~d in said promiuwy r?ote then ~ema~~i~y unpaid, with inte~est aarued, and atl moneys utured hereby, shall become due and pay-
able fwthwith, ~t~the~eaiter, at the option of sa+d MORTGAGEE, aa fvlly and camplerely as ii ali of the sa~d sums of money were wglnatly iGpulaeed
ra be p~id on ~uch day, anything in sa:d promisswy note o~ in this Mortgage to the con~rary notwithstanding; and fhereupon w thereafte~ a1 the op~ion of
sald ~MIORTGNGEE, without no~ke w demand, suit at Iaw or in ~quity, thcrefwe a thereaf~er begun, ~nay be prosec~ted as if all moneys secu~ed hereby
had-maWred prqr to ~ts ins~tution.
~ 7. That in th~ event that at ~he beginn;ng of w it sny time pending any suit upon th~s Mo.tgage, w to laeclose it, w to reform it, or to enfwce
pa~ment o! any tlaims hereu~der, said MORTGAGEE aMll apply to the Cou?~ havieg ~ur~sd~aion thereol fer the appointment Of • Receive~, such ~our1 shall
Eorthwith sppoint a~eceiver of said mwtgaged prootrty alt and singolar, inct~d~nq a31 bnd ~inqular the income, prolas, iuues and revenues irom whatever ,
:ource darived, each ~nd every of which, it beinp exprculy understpod, is hereby mortgaged as if spec~iicalty se1 fath and deuribed in the granting and
habendum clsuses hereof, and such Receiver shall Mve sll the broad and effective funct.o~s and powers in anyw~se cntrusted by a Cour1 to s Receiver, and
iuch appointrr.enr shall be made by wch Cour~ as sre admitted equity and a rnatter of absol~te righ~ to sa~d MORTGAGEE, and wiihout reference to the
edequicy w inadequacy of the value oi the property mprtgaged or to the soivency or insolvency of said MORTGAGpR w the defe~dants, and that s~ch
renrs, profin, income, iuues and revenup shall be applied by such Receiver acco~d~»g ~o the l:rn a equiry of said MORTGAGEE and the practice of such
Court.
8_ to duly, prwnptly snd fully perform, d7xharge, execute, effect, complete, comPly w~th ~nd ab~de by each and every ths ttipulations„ agreements,
cond~tions and cove~wms ~n said promissory note and ~h~s mortgage set iwrA. '
9. That in the event the ownership of the mortgaged premiscs, or any part the~eof, becomes vesf in s person pfher f}~a~ tFj~ M(`RlGAGOR, the
MORTGAGEE, its successors and su~gns, may, without notice to the 11RORTGAOR, dcal with such succes~ or succeasw in interest with reference to this
mort9age snd the deb~ hereby secured in the same manner as with Mortgagpr w~thout in enY way vjtating o~ d~xharging the N{ortgsgors' liability Fee~a
~nder w upon ~he debt hereby secu~ed. No sale of the Fremises Mreby mortgaged and no farbearsnce on the part of the MORiGAGEE a its successon
or auigni ar.d no eatenston of the time fa the payment of the debt hereby secured g~ve~ by Ihe MORTGAGE' or its successws or assigra, shall operate
to rdrase, d~scharge. mod+fy chsnge or affect the orig~nal liability of ~he MORTGAGOR hereln, either in whole w in p~.f.
)0_ If is speclfically agreed thet time is of ihe eaxnce of thi= co~tra~t and that no waiver of any obl~gat~o~ herevrtckr or of the obliyatan se-
cvrrd hereby sMll at any time ~hereafte~ be held to be • waiver of the terms htreof w of tl?e instrument secured herby.
I 1. In add:i;o:+ to the fprego'nt~ monrhty paym-nfs of prirtc pal and interest required by the prprts~ssory no!e secured hereby, mortgagor covenants
and agrees to pay ro mo~tgagee with each momhly payment an add~r;ona! sum estm,ared by mortgagee to be equai to 1;' 12 of the annual cost o( the foliow-
ing:
A-All real properfy taxrs kvied or assessed against the above destri?,~ed real estate.
8-Pren:~u~ns on fire and windstorm insurar.ce as herein requ:red to be carried on the ir,proveme~ts situate on the ebove described premises.
C-Arem~ums on such mortgage qwianty iruwar.ce as mortgngee shaft from t;me to time deem fit to carry on the loan secured hereby.
Mortgagee shall (rom ume to time notify mertgaqor in vvriting of the amount d~e and payabte hereunder and such sum shail there~pon be due and
cnyable on the due date of the next monthly paymen! and each successive month thereafter ur.til mortgagee sha(( notify mortgagor of a thange in s~?ch
a^~ount. Such sums shal! be applied by matgagee toward the paymem of real property taxes, insurance prem:vms, aeid mwtgage guara~ty insurarue
~remiums.
IN WITNESS WHEREOF, the said MpR AGpR has hereunto stt his hand ~nd seal the day a ytar (irsf storesaid_
ated . det~Ye. ,n rhe esence of: FfLEa ANQ RFCORDE~
ST. LUCIE COUNTY FLA. ~n
ROCER POtTAAS aae er e
- CLERK CIRCUIT COUR ~ a4
RECORO VERtF1E0 ~
o s e
~ 2+I I S? PM'71 "'n
57ATf OF FLORlDA l ~~~/VVV~ I
St. Lucie ( u-
courvnr of
~f«e ,,,Q ~r,a„~~Y ,~a~~ Jases Kerslske
Vietoria Kerslake hu w;fe, to me weq known snd known to me to b~
rhe individwls described in and who eaecuted the fwegoinp instrumentt~
Ct0 ~edyed before me that tMy executed fhe same the pwposes
rherein ~npressed. And the sa' ~~ezsZske ~~a
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w,r~ ~ r~,. „~d Jases Kezslslce ; -~'t"'"''~-
e¦amFnat~or? by me taken sepante and apart from her said husband, aclcnowledged tv ared before me that she executed asid ~
~ar~ly and w;thout any compulsia+, constraint, apprehcn~1sion~~r fea~ oi w 4rom her said husband. .
WITNESS my h~nd and official scel thiz d~y of ~ ~~~•,d 7'
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Nota Public i~ u+d i tF?e at~ ~ i'
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Rerurn To: MY C m~ssion e~p~rea: ~
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;~ft e
First Fedeal Savirgs a loan Asiociation ~ a.'•......~•'•
Oi Fort P!erce. NOTARY PUBUC ST.'~TE OF FLOPI~~ ~ ~4 `
M1' COMMISS~QN EXP{RE$ !b}p~ Z ~ ,~~r`~ "
Fwt P;e~ce. Flo.;da GENERAL INSU.';/1NCE UNDFRWRlTF(~ ! lN11~N
3 'y~
This Instrumertt Prepared By RiCl3ard K. Ks~yes
First Federal Savings b loan Association
of Fort Pierce~ RlOride
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~h~~ By ~ 192 i9~~2
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