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3. To ptac~ and conGr.uousty kc~p on •FN bui!dirpi now w hereafrN sitwt~ on ia~d lu+d and on all cquipmem a~wl pasor+~tly ca~eced by th~s ma~~
rg~, w~rh al) pr~miumf thereon pa~d ~n iuil, f~n in~u~ar.c~ ~n tM us~al sranda~d potKy form, in ~ s~m app~o~ed b~ rh~ MORiGAGEE, +ny winds~am
~n•uranc~ in ~he us~~l s~a~ida.d pot~cy tam, i:, a su~r? apyroved by ~M MORiGAf.EE, in su:h compa~y w canpames ai ~M A~O~tTGAGEE may
d~.ec~; ~nd all fir~ and w~nds:ann iniurance polK~et on any of sa~d build~nps, a~y intc•ast the~e:~ or par~ thrrecf, in ti~e agg~rgs+e fum a'uesa~d or
in ~xcess thereof, shal) ;om+in ~he usual s!andard nwrcga9ee clauss or sucA o~l~ c~+~so as tM Ma~9a7ee may requ.rs, ma?.n9 the ~ois unde~ sa~d poli-
ues, each and e+ery, payab~e ro said +~~JRiGAGEE as ~~s inicrrst maY +ppear. ~nc'. each and every such po~~cy +twll be promp~~y ass y~ed and deGvr~ed to
sny held by si~d MORIGAG~E as further stcuri~y ~o said mo~~page deW, and, nol less tha~ trn (101 d.+ys adva~xe ol ~hr eap~ral~on of each pol~ty, ro de-
I;ver to s.+~d MORTGAGEE a rcnewat thertaf, to9e~har with a receipr tor the premium of such rene.ral; and the~e shall be no f.re or w~~xlsw~m iowunc• 'i
plsced or+ eny of sa~d bu~!d~ngs, any imeresr there~n or put thcreof, unless ir. ~he form ar~d w~~h the loss payable as aforeuid; and in the evenl any sum
of maney become~ payable undrr such poiicy p poLc~as uid MORTGAGEE shall have ~he opt~oe+ to ~ec.iYe and appty tha sx~~e on accounl ol tF+e indabted
ness secuted hertby M ro pe~m~t w~d MORiGAGJRS ~o re:cive and us~ it p any pa~t ti~r~er.f for om~~r H~r~oar:, ..nno~~ ~h_+.or ~g ~~~~va~^
;ng a~y eqv~ty, I~en or r~ght under w by virtw of ~h:s mo:t9~ye; and in the evrnt sa~d MO~iTGAGGRS ahafl fw any reason iail to krep ~he sa~d p~em:srs so
fnsured, w fail to det~ver promptly ~nY of s.~id polK7es of insurance to ia~ MURTGAGEE, or fad pron,ptly ro pay futty any pre~~~~~m therefor a in a~y
resPea fa:~ ro Per~«~.~, d~xhuqe, e:ecute, e1feU, tomplete, tanp~y wi~h ~nd ab~d~ by th~s toven,?nt, w any part hrrcwt, said MORTGAGEE may p~+te =^O
pay fw such insuranc~ or any part th~.rof without w~ivirg a•ffeceing an'v oPt~w+. ~~en, equ~ty, or r~gh~ undr o~ b~ v~r~~e ol ~his Mat9age, ar,d the
full amoum of each and e.e~y such payment shall be im~nedutely due and ~ dyable and shall brar inte~est irom tha dat~ the~eof u~1il pa~d at the rat~ ol
nuu per centum aer annum and togetF.er with such interes~ ahaii be srcured Ly the lien of this mor~gagr.
1. To pamit, commit w svifa no waste, ir~pairment w deteiaraeion of ~a~d property w any part +hercof.
5. To pay aIl and singular ~F+e costa, cM~ges and expenses, ir+cluding a reasonable atewney's fee ar.d costs of abs~•acn of t~tle, incurred w paid at
any ti~r.e by said MORTGAGfE, bttause ot in the event of the '.a~lure on the part of the aaid MORiGAGOR fo duly, promptly and futly perform, d~uhsrg~
e,er.ure, efied, ca++pie~~, comply w~th aod ab.de by each ~nd every ~he u~pu~e+~ons, agreee.enrs, cond~nons, a:d covenan?s oi sa~d pran~ssory nore and ~h~s
mwtgage a~y w eitAe~, and sa:d costs, cAa~ges and eapenses, euh arxl eYr~y, ahall be immed~atety due and payabfe; wherher w not thrre be ~o~~ce da
mand, atre.npt ro collett a suit pe~xl.~+g; ar+d the (ull amouM of cach and eve+y such paymem shall bea. inferest f•om ~he date thereof u~:~~ pa~d st the
rare o~ n~nt per :enrum per annurn; arK: aU said cos~s, chargts and e~;~nxs incurred w paid, tog~~hn w~th such interest, shall be secured by tf.e iien of thq
mwtgaga.
6. That in the event of any breach o~ this JNortgage o? defaule on the pa~t of the MORiGAGOR, o: (b) in the evcnt any of sa:d sums of money
herein refe~red to be not pranptly and fui~y p+~d w~+h~n thuty (30) days ne:t aTter ~he aame severa'ly become due and payable, wifhout dert+end w noticr,
or ~c) ~n the eve~t rach and every ~he sr~pularions, agrermenrs, cond~eio~s and covenanes of sa d pran~ssory nore a~xf th.s mortgage any w either are na
i~:y, prompNy and ~~Ily ~famed, dscharged, eaecuted, effectrd, completed, compLeo w~~h end ab:ded Sy. ~hen in e~~her o~ any such e~ent ~h~ sa~d ag-
~regate sum menf~oned in aa~d promisswy nore ihen renainirg unpa~d, with intcrrst accr~d, and all ~nooe~s secured hercby, sha~i becwr.e due and pay-
eb e fwthwrrh, a rhereatte., at thr op:~on of se~d MORiGAGEE, aa futly and comp:e~cly as il a~l of ~F,e sa~d svms oi money were ag~natly s~~p~~aud
so be pa:d on suc~ day, anything in sa.d prom.ssory note or io this Mw.tgage to the co~~~ary notwithsta-~duig; and thereupon or thereaf~er at the opt.a~ of
sa,d MORTGAGEE, w~thout nonce or demand, suit at !aw a in equ~ty, tFK~eFwe a therraher begun, may be prosec~~ed as if all moneyi secured hereby .
nad maWred p+~w to ~ts inst~tut~on. _
7_ Thaf in the e~ent rhar at the beginn~ng o( d at any time pending any su~t upor. 2h~s Mortgage, w to fareciox it, or to reform i~, o? to enforce
payment 01 any d3~ms he•e~nd~r, said Ma~RTGAGfE shall apply to Me Co~•t havmg ~ur~sd,ct:on thei~ut for thc appu.ntment of a RKrnet, suth Covrt shail
Fcrthwith sppo~nt a rece~ver of said mwtgagrd prooerry all and singular, inc~vd:~g ~:i a~~d s~~~g~~ar the ir.cen,e, p+ohrs, issues and rovenves lrom w?.at~~er
se~rce derired, each and every of wh~ch, 1~ being exp~efsly u~de~seood, is hereoy mongaged as ~f apec•f~caity xt fo+th and described ir. the graro:~u~ and
hjbendum clwses hPreof, and s~ch Rcceivrr shall have all the b~oad and effacr~ve funr o~n and po.~ers in anyw~se e~!r~itcd by a Covt to a Recaiver, and
s..ch appointmcnt ahali N- made by such ~ovrt as an x;rn~ttrd sqvity and a r.=a~ter of absoi~~e right to said MORiGAGEE, and v~~t4~~~ reierence to the
edrqvacy w inadrq~acy o( the wlue of the property mortgaged or to the so.ve~cy o~ msO~veMy of sa~d MORiGAGOR a the drfendants, and rhat such
r~~~n, prof;ts. incane, ~swes and revenues shall 6e appLed by svch Rec~~ver accord.ng to the I~en or eqwty of sa~d MOATGAGEE and the p~actice o( such
CourL
8. To dvfy, promptly and fu11y p~rform, d~scharge, eaen~te, cffect, compiete, compty w~rh and •bide by each and every Ihe stipulatiens, agreements,
condit~ons and covrnanrs ~n sa~d pra~n~ssory note and th~s r.wrtgage srt forrh_
9_ That in the eve~~ shc owner:h]p of the mortgaged premdses, a any part tnereof, bccornss vested in a person other than the MORTGAGOR, the
~lQRTGAGEE, its succesaon a~d ssa~gns, may, wirhout ~or~ce to the t,IIORTGApR, deat wuh such suctcssa or s~ccessw ]n ~~terest wifh reference to this
~ro~Tgage and ~he dcb~ hereby SKUftd in the same manner as w~ih Ntortgagor w~*hout in any way vitiating a d~xha+g~rg the Marsgagori liabil~ty herr
drr or upon the deD~ hereby sec~red. No sa:e of the Frem~ses hereby mortgaged and no ~e:beara.+ce on the part of rhe IAOCTGAGEE a its s~ccessors
or ass~gns and no earens+on of :he r~me for ~he payment of the debr hetcby secwed given by the K.ORTGAGE~ or ~ts successors w au~gns, s+tial! operate
ro rNease, d~schargr, ~r.o~~'y cha~:ge or affect t1u ofg,nal liao:i+ry of the MQRiGAGOR here~n, either in whole or in par.
10. It is spec.f~cal'ry agr~+ that t~me is of the essence of ti,~s contraci and ~Aat no waiver of any ob!~gat~on herr~~der or of the obligation se-
cv~ed FKrsby shalo at any time thrreafrer be he!d to be a wai•er of rhe rerms hereof or of ~he instrument secwed I.e~by.
11. in jaa!:_~i +o tne !oreg~ ~~~~enth'y payments of pnnc ~al and ~nteres! requ~red by the pra-+~-ss:.ry .+c~r s..u*rd hereby, mOrtgayor cevenants
aad agr~s to pay to mo-tg~gee ,~~th each ror.rhly pa~nem an add,rionai svm es'~~•:ared by morrgagee to tx equai to 1 12 oi t:~e annuai cost of the fo~low-
~ iy:
A-All reai properry t3aes ~ev~z~ o* assessed aga~~st the above desvi+xd ~_at esiere.
B- Fr;~ ;,.-.s on f;re and w;~:ds~o-~•~ msur~r~e as here~n req,:red to tx ca•r~e-d c~ The :r^; rov>me~ts s:tvare cn thc above d:sc.~bed premises.
C-Pre~r.~~e~s o~ w:h murt~;ge g~aranty icsura~ ce as mo~t~~gee shail fro•c t~.e to t++~e derrn (it to carry on the ioan secwed hereby.
'i
f Morfga~ee Sh3'! ~•c+n r~~,~e ro r~-,e no~+fy mortgago* ~n wr~t~ng of tne a-ro.,~t d.;e and pa;able he~eundrr an3 s:,ch su~~ sha!I thcr~uoon be due and
~ j>.;bie on t!n r~e da~e oi ~ha ne.r month:y payment and each success~ve Tor+h the:eah~r ic!~i mortgagee sfia!! not:fy mort~agw of a change m auch
- u•,.n.. Such w~ns s!.e= be a~;;.'~ed by mwrgagee ra~vard fhe payment of reei prepe~?y taxes, ~nsura~ce prem.u:ns, a.,d mortgage guaramy mwrance
; ~-e~n+ums.
~ IN YIIT~JES~ YrHEREOs me sa~d MORTGAGOR hss hereu~to set his har,d and seal ~he day and ar f~rst alwesald.
Signed, Sea:ed a~d ~+e?ive.ed ~n the prese~e of: ~ !
~ al)
~ ~ ~ . ' @ O!I Y
lSe~O
cs~.n
- -L - `t (se,~)
~ STA?E Of FLORlDA ~
St. Lucie u-
~~uvrY oF _
Befae me personally sppeared _~bron Griffin, a single aC~Lilt
~`iX, to me weil known snd known fo me to bs
rh> individw~ described in and wfw e:etured ~he foregoiny instrument, and acknowiedged before rt+e that~fl~y executed the same for tht purposes
~?K«~~ .xP.~Kd- he
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VHITNESS my hand aeid offie~al xsl this_ ~ 1 t _ day of__ Jul , ~ D: 19~
~ _ , . .
~ ~ ` t ~i _ V . _ .
Notary Aub::c in and fw St 4 : fb ap Lsrpr
~ My Comm~sfion ea~ires: Q G ~ _
Return To: ~ ; •
~ F;rst Fede~sl Sa.~ngs ~ lo~an~s
,tat,or+ NOTARY PUBUC STATE QF FIQRIDA A~L~
KY COl.~l.!{SStON EXPIR. a!/!sR. 2, 197~ .
O~ Fort P rcr
t~ItER/+l INSU:tAtJCE U~ ~RwR~r~RS. ~c. cr~~_ ~
~ fort P~e~cr. Ft~.,da ~ ~ ~ " -7s ~ ,
~ ~ ~9'~`S ' ~
~ fIlEO A!1D RECORp E •
This Instrument Prepared By RiCh~?Zd K. KayeS st• ~~CIE COUNTY fl~:
~ First Federal Savin s 8 toan Associatior. ~OCER ~pITRA~
9 CIERK C1RC~IT C011AT
of Fort Pierce~ F1o7cida RECORD V~RtFIEO~~
~h~k~ By J~ 18 12 i2 PM't1
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~ ddOK ~2 4
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