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To plx~ ~nd co~tinuou~ly kNp on tM buildinps r?ow o~ MrNhK utu+q o~ said land and on a!I equipment and p~r~o+ully cov~red by this mort~
ap~, with ~II prkniums tMrw~? pa7d in full, fi~t insur~~c~ in tF+~ uswl tu~+d~rd poiity fwm, i~ a tum ~p~ova+! by th~ MORTGAGEE. ~nd windttum
irKw~ncs t~ t!w vswl ~eanda~d pol~cy fam, Ie a sum ~pprov~d Sy ~h~ MORTGAGEE, in such compa~y o~ compa~ies as tM MORiGAGEE may
dinc~j and al) tke s~d winJsrorm ins~ranca policies on ~ny of s~id build~npa, ~ny i~Nr~sl tMroin w part tMreoi, in tF~ a~y~ep~r~ sum a(or~said a
In ~xc~tf tfxiwf. shall conlain tM ~~ual st~ndard matqayN claua a such orhN clavs~ ~i th~ Monyape~ may r~qu~r~, ma?in~ ~hs bu under se,d poli~
ci~s, e~ch and ~very. p~yab~ ro s~id ARORTGAGEE as ~IS interett maY ~pp~u. and each u+d ~very such policy ~hall b~ promptly au 9~+ed and d~livs~rd ~o
~ny Mld by said MORiCsAGEE as furthK ~ec~rity to said matpayri d~bt, and, nW I~u ~han t~o (101 days in adv~nct of ~hr e~cpiratioo ol axh pat:cy, io dr-
IivN to iaid MORIGAGEE ~ rMewal lhtrwf, toQ~tMr with a rat~ript fot fhe pnmium oi such re~twal; ~nd lhert sl+~ll be no f~rs w wir~ds~orm ietvruK~
pl+o~d on any of said buildinps. aoy in[~~~at theni~ o~ part thereof, vnku io tM form and with ti+~ loss paya4w as siors:aid= and in tM ~vent any ~wn
of mon~y becomes p~yabt~ undM wch pulicy o~ polici~s said MORiGAGEF ~Aall haw ih~ op~;on to ~eceire +nd apply ~M sanx on acco.~m of tM indeb~ed
Mfs ~etur~d IN«by o~ 1o permit said MORTGAGORS t0 rKeiw and ~se it a any parc thereol fw o~i~cr pu~posei. wtthou~ ~hsrcb~ wai~i~x~ w~mpa~n
iap anY pviry, lien w~iqh~ v~de~ w by virtw of ~his mortpa9~j a~d i~ tM ~ve+N w~d MORTG/1GpRS shall for any reawn /ail ro kesp the ia~d p~emises so
)nwred. q/sll b deliwr prornpNy ~ny of said polities of i~~uranu fo said MORTGAGEE, or fail promptly fo pay fully ~ny premivm thsrafor p in any
r~aptct fail b pafwrn, diuAarp~, ~xatut~, rff~cl. complet~. tomply with a~d ~bid~ by this cove~anl, a ~~y part herwi, said MORTSiAGEE may plat~ u+d
P+y fa wch ~nsurano~ or ~ny put tMrwf witl~out wahrinp p~ffectinp any option, lia?, pv;ty, or rght « by viNw of tl+~s Mort9ap~, ~nd the
full amount of ~acA ~nd ~wry wch paym~nt sMll b~ wnrn~diately dw and pyable a~nd sMll bear interes~ from tM dati the~wf until p~id a~ tha rah ol
nin~ pN cN+tvm pK ~nnum and to~ethar with ~vch inlerest shail be secured by tM lien of this mo~ty~ye.
1. To permit, commit or wi(er ~o wa~te, icnpairment w dete~iwatan of uid properry a any put thereoi.
3. To p~y ~11 ~nd sirgul~? the co~t~, chupea a~d ~xp~nse~, includirg • re~sonable attorn~y i fee and wsts of abttracfs of titl~, irKUrred or p~id a~
any tim~ by said MORiGAGEE, because q i~ the w~M of the failw~ on th~ p~H of tAe s~id MORiGAGOR to dv?y, promptly and fuliy pKfor~, d~tc!~~+!
~xecut~. ~ft~ct. complet~. comply with u+d ~blde by each ~~nd every the sriputar~wu, a9reemenrs, condif3au. and covenants of said prom;ssory note and ~hq
mort~ap~ ~ny w~i~he?. and said costs, tMr~ees and ~xpens~s, each ~nd ~very, shall b~ immediately due ~nd payable: wixther w ~o~ there be notiu de
mand, attempt ro colkct a tuit psnd~rg; and tF» full amo~?nl of each and evay such paymeM shall bea. interes? (rom the dar~ ~hereof u~N1 paid at rhs
rate o~ nine per centum per annum; and ~II aid coats, tMry~s snd eapenses inturr~d w paid, togelhe~ w~th such iNereN, thall b~ satured by ths lian of thit
~+~orp+pw
6. Thst i~ the evenf of ~ny brexh of tAa Mort~a~ w defsuh on ~he part oi tha MORTGAGOR, or (b) tn the ewnt ~ny of satd sums ot money
Mrtin ref~rred to be rsof promprty and fvlly paid within thirty (30) days next sfter the same seve~ally beca~ne due ~nd payabfe, wifhout demand w notice,
a id in tM evem cach a~+d every the stipul~tions, agr~em~nn, conditions and covanams of sa.d promissory note and th~s mwtya9e any p ei~her a~e nof
~uly. prornptly ar~d f~lly performad. diacMryed, execvtad, etiected. completed. compf~ed wirh ~nd ab~ded by, then ir~ eitf?e~ a a~y svcb ~ven~ Ihe sud ~
pre9at~ sum memioned i~ said promiuwy rqte tlxo ~emai~inp ~npaid. with imerest accrued. and all moneys secured hereby, shall becw~y dw and p~p '
aD1e tathwi~h, w fI~l~Nf1N, a~ tM oprion of sa~d MORiGAGEE, as fvlly ~nd compleiely as if all of the sa+d s~ms of money were org;r?~Ity s~~putaud
to be paid on such day. anythinq In ssid prom~uory nofs or ln thia Mortyage ro the contrary notwifhstanding; and fhNeupon or thereafter'at ~M option of
ssid MORTGAGEE, withoot notKe w demsncl, tuit at law or in ~quity, tl+ere(ore or thcreaher beyun, may be prosecuted aa if all mor?eys sstvrad hereby
had matwed prwr fo in institvtion.
7. That in tM event thae at the beginninQ oi a at any time pending sny wit vpoe~ ~his Mor~gage, or to fweclos~ it, w to reform i~, a to enfwc~
payme~t of any claims hereundcr, ssid MORTGAGEE sMll apply to the Cou?t hsvinQ jurisdrcuon thereof fw ~he sppantmeni of • Receiver, such Cou~t sMll
fathwith ~ppoiM a?eceiver of said mortgayed property afl and sinpvls?, includmg ail and sinyular tM incoms, piol~ts, iuu+~ and revenves ira» whatsyer
wurte darived. eath and erery of whrch, ~t beinp eap?essly vnderstood, is hereby mortgaged as if ipeutisally set fath and deuribed in the 9ran~iny and
Mbe~dum clauses hereof, and such Receiver shal{ h~ve ~II the broad ~nd effecti~e (unct~ons and powen insa~ywise emrusted by a Court to a Receiver. and
such appointment shi!! be msdt by wch Court as ~n admined equity snd ~ m~ner of absolute right to said NWRTGAGEE, and without relere~ce to ths
sdequxy a i~adequacy of the wlw of the properry mo~ty~qed w to the solvency or insoivency ot said MpRiGAGOR w ~he dcfendants, u+d t6a~ s:.:'x
renn, profi», income, is~ves and revenuss thall be applied by such Receiver ~ccwd~ng to the lien or ~qvity oY wid htORiGAGEE and the prad;ce of such
Court. .
8. To duly. promptly and fu11y pa~fwm, dixharge, execute. effect, mmpkte. comply wi~h and abide by e~ch and every the atipulatio~s, agreeme~ts,
conditio~q and covenants ~n sa~d promissory ~ots snd this mortpege set fa~h.
9. That in the event the ownership of the mwtgaged premises, w any parf thereof, beoanes ve~fed in a penon other than the MORTGAGOR, ths
MQRTGAGEE, iri wccessors and sssi9ns, may, w;thovt ~ofice to the MpRTGAOR, deal with such succeuw or Wcceasor in interest with reference to this
mort9sge snd the debl hereby securcd in the same maoner as with Nlwtgagp without in any way vitiating w dixharging fhe Mwtgsgorf' liabiliry herr ~
unde+ a upon the debt hereby sec~?ed. No a~le of the premises he~mortgaged and no fo.bearance on the part of thq MOR7GAGEE a iti iuccesson
or augro ~~d rw extension of the time foc ~he paymem of the debt k by sccured given by the MORTGAGE' or its wccesson or assigna, shall ope~ate
to relesse, d~xl»rQe, rteod~fy change w~ffect fhe original liabil~ry of the 1NORiGAGpR he~ein, either in whole a in part.
f0. It N apec~fk~lly aq.eed tAa~ time is of the cuencs of this contrx~ and that no waiver o( any obl~gal~o~ hereuoder or of the obligation ss-
cured hereby ahap at any time thereafter be held to be • waiver of the terms hereof w of the instrument secured herby.
11. 1~ add'Aio~ to the forego:ng monthly payrnents of princ'pa1 and interest required 6y tFx promissory note secured hereby, mortgagor covenanti
snd s9rees to pay to mo:?gagee M;ith esch monrhly payrnent ~n add;riona! sum estimated by mo~tgaqee to be equai b 1/12 of fhe annual cost of the follow-
'ny:
A-All real p~operty ta:es kvied a assesud against the above described real estate_
B-P~emivms or+ fire and windstorm insurance as herein requ:red to be carried on the improvements situate on the sbove desvibed prcmises,
C-Premiums on such morfgage guaranry irtswance as mortgayee shalf fiom tlme fo time deem fit ro tarry on the loan secured hereby.
Mortgagee shall from time to time notify mwtgagor in writing of the amount due and payable he?eunder and suth sum shall tfiereupon be due and
payable an the due date of Ihe next monthly payment and exh xuccessive month shereafter ur.til mortgagee shall notify mortgagor of a change in such
amounf. Such sums sF.ail be applied by morigagee loward the payment of real property taxes, insurance prem:ums, and mortgaye guaranty inwr~nce
premiums.
I ITNESS WHEREOf, the said MORTGAGpR has hereunto set his Iwnd and ual the day and year first aforesaid.
Seakd and defiver the presence of: ~
~~11.,c,~,~..~.t.1~° 2? ~s,.~
?ICEO AND RECORpt0 ~e~th 0 B ho , n
~ aT. tUC~E COUNTY FL
Witne IlOCER FO~TRAS ~ ~ • q
CIEAK CtRCUIT C011 dl~ed _B. Bie Op
RECORD YER~F~EO
STAiE O C P@YIIl ZPBtl~B
. f~ J~ 1 2 oc PM •t i x~oss~
eer«. ~ P...a»n,, .~..Qa Rennet~h 0. Hiahop .~a
~1dI~8d B. $~ahOp hi~ wife, to m~ well known n,d knawn to me to bs
ti+e md~vKJu~b desa~bed in and who ~aeu,ted the for wutrumtnt, and acknow{ed9ed before me tMt they eaecuted the s+me fa the purposes
?r~.e~ ~,~.~a. a,a tti, ~ldred H. Hisbo ,Y;. ,
wils of :tie ~~d Ee~l~eth 0. B38ho - _ ..,.:Y , -
ex~minst~on b me taken x `
Y psrate and apsrt from her said husband. ~dcrawledped ta and b~fors m~ tMt ahs execvted ~n ~I
i~_~~. -
tarily and w~thou~ any compu{sion, constraint, apprehe~nsrion.~or f of or f id husband. ~
WITNESS my hand ~nd official seal thi~ ~~~~.~..`~,~Iy of JLlIIB ? ~ • • • • ' •
~.~•'~q:,~.--
. . o -
_
Noury Public in a fpr~~ ~
My Commiuion ~xpir~ ~ Q ~ • ~r • ;
Retum To: s 1:
fuq Fedn~l Savirgs 3 loan Aayociation ~~~~y~~.' Q.`a .4
Of Fort P;crce. DANIEL ~l~~~~~~~~~.• 7_
~ ~ ~ .
Fwt Pie~ce, flo~ida Notiry PYblit. Middletowll ~ir~,~ ~tC~~ ~~,,~?~~y '
Mr Coa?miuion E~pires AprY 2Y,"rl~1'~~t~
y- 2!- 7~'
This Inst~ument Prepared By j~, E. Bre?un
First Federal Savings b Loan Association
of Fort Pierce ~ glorida
Cf~ecked By ~ ~
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