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To pfxe and continuo.,siy kcep on the bu~!dmgs now o~ herraiter ~~~uate o~ sa~d land and un a~7 ~q.,~~ne~~ and perlor~a:~y CCr2«d ~V th~f m0~~9-
aqe. w~lh all p~emiv~n! Ihtreon ya~d in ivU. fire mSur~nCe ~n Ihe ususl sw~~:fe~d po'~cy IOtrn, in a s..~~~ eHN+~vcd b~ Ilro h1UR~v,>vfE. a+.d a~r~ditorm
msvrance in ~he vs~al i~a~x?srd poLcy fam, in • wm approvrd by ~hr MORTGAGEE, m such cump.~ny o~ co•~~pan•es as ~?~e t..OR1GAGEE may
d~~ec~; a~d all lite and w~ndsto~m inswance po~icies on any of so~d b~~~d.ngs, any i~terrat the~r~~~ o~ ~arl th~~trol, in the oygrrga~r w~•~ afuresa~d a
in eacess tMereo/, aAatl co~~ain ?he ~wal srand.+rd ~nor~yagat dause a such oihe+ d~use aa ~he Mo~tyayre ~~ay req~.re. mel~ng ehe io~s unJrr ~~~d poli-
oe+, each aod everY. parab~~ to sa~d h1JRTGAGEE as ~ts ~~':tcr.•st may appear, a~d each and eve.y ~~~ch ~.n~:cy shafl Ix pro~nyi:y aas y•.<d a~ d d~'~+rrcd ~o
eny held by sa~d NOR(GAGEE as (u:ther srcwity ro se~d o~aiy.+9e dab~, a~~d, not less H~a~ ~en t10) d~ys in od.~~xt o1 ~hr e.~~~ra~~o~ of each yo'~cy, to dr-
Lver ~o sa~d A10RiGAGEE a re~e~•al thereof, toge~her wi~h a rece~pt (w the ~rrmwm o) such rene+vo!; a~~d ~hrrt ahail Lr ~~o i~~e w.+~~~•~s~o~~n ~~surar.cc
pl,sced on ~ny o} sa~d b~itd~~~gs, any intcrest thc~e~n w part thritof, un!css :n ~he form and w~!h ~1~e ~oss payable aforeso~J; and ~n the r~rnt a~y s~+m
oi money be:a*+es payable undrr such potSCy a po~:c;es ss~d MORiGAGEE shall have ~hr o~~t~un ~o rrce~cr .~~~d apN!y d.e so~~~e on ec.o~:~~ o~ .*u :~~J.rbf~d-
ness sec~red hereby o~ ro perm~t aa~d MORTGAGORS ~o recrive and uu it or eny p.,~t th~•:.~f wr •~~..r ~.u~: .:s~•s. :..r~,,.:: th .•.~p.-~•-
iny any equ~ty, lieo or ~ight under w by vn~ve ol this moctgege; a~d in ~he evrni sa•d MCRIGAGORS sh.~tl !or any rcason fril to 1..~ep the aa~d p~emiirf w
~nsv~~d, a fail to deliver prompdy any ol sald po~:c:cs of ~nsu~aoce ~o sa~d MOR(GAGtE, o. f~d promptly ~o ~•~y ful'y any p~r~~~:~•~> >~~r,.•for w~n +=+r
resprct lait to pe~(o~m, dncharga eaecv?e. elfec~. comp~rtr, comply wi~h and ab~de by rh~s covcnant, a a,~y p..~t hcreof, s~~d MGRi;,:.GtE n+ey p:ace a•~o
pey fw s~th insurance or any pa.t thereof wuhout waivii~g w affecting any op~~on. lien. equ~~y, ~(,•~~f~r ur;dr~ w b~ w~tue of th;s Ma~yege, a~d the
f~~ll a~nount o! each and every such paymam shaQ be ~m~ned~ately due and payable and sha;f txa~ lnrrr~-s? 1rom ~ha dete thcr~~uf v~~T~~ p..~d at the ra~e ot
n~~~e per cen~um per annu~n a~d tu~rUkr w~rh such ~nrc~cs~ sha~~ :.r s.ti..~ed by the I~en of th~a mo~tgagr.
1. To permit, cana~it p aviler no waste, impa~rmenl or dctt~~oratiai uf sa~d aroperty or any parf ~hareol.
S. To pay aIl and s~~+g~lsr the msts, charges and ea~x~~srs, ~ndud~ng a reasoneble attwnry's (re and costs of abstracts of ~~ita ~ncwred or pa~d a~
~ny t~TC by u~d M~RiGAG:E, because d in the evero of ~hr fa,lure on ~he Var~ of ~he sa~d MORiLAGOR ~o d~:~, pro:e~Htiy rr~d f.,~!y ~:r~fo.~n, d+s<harge
,.e<ute, rffeu, canplete, compty w~th and ab:de by each a~~d e~ery the Stipuldhona, agrea~~~c•nts, tOneGs~o,~s, and cove~~a~:rs oi i.~~d H~o•~:..w~y no~e a~~d i1.a
~:or~gage any or eAhe~. and sa:d tosts, th~~ges a~+d tapenses, each and every, shali kx im~r~~l~atcty dve and payet,:r; w?~~7~•c~ w ~o~ •h~•re Lr nonce d-~
nwnd, at~emFt t0 coilrct w fuit pe~~d~ng; and Ihe full arnoun~ ot each and e~rry svch pa~mrnt sh~ll l:ra~ m~rrei~ fro.n ihe J~~e thcrrol unnl pa~d at ~i,e
.~.r o~ n~ne pe~ cenWm F.er an~~.::n; end all seid tosts, Chd~9@S di~d aa~.:~~scs itKU~rrd ot paid, toy~•tikr ~+~dh sucl~ u~tcro~t, itw~. be s~`Cured by Ihe nto oi th~!
mortgage.
6. That (a) in the event of any breach of this Nb+tgage or defaul~ on tM p~~t of the 110RiG~~Gv^R, or ,b) in ~he event any of sa d s~•ns of mone~
t~crei~ referred to be ~ot prcvnprly md t~fly paKf w~~hin th~.ty ~30; days ncat a'ter the sa~ne se.~cra'iy bcio~ne d::e and NsyaWe. w::Vw,~t dernand o~ ne~~tc.
:*,c) in thr evero rech and every the stipv:anons, agreem~~us. cond~na,s and covena~ns of sa d F•ro~.~~ss~~ ~ noea a~~d fl~.s mor tg~yr any w e~~he~ a~e not
i.,'y, pro-~pUy and f~Ily perfw~r.ed, d.uharged, e~ecuted, effected, canplered. canpl,eJ w~rh and aL~d•~d Sy, ~hen ~n ~•+her w a+~~ su:h event the sa~d ag
•~~~ate sum rnentw~•ed in sa~d pro~n~sswy ~ore thrn re~~~a~n1:,g unpa~d, w~th in:r~r.t ac.~~ed, and a.l mo~~.rs s.c~rrC hcreti, sF~ail bccome d~e and pa~•
_ forthwith, w thereafirr, at the opnan of sa:d M02TGAGEE, as fu:ly a,d cuma:etaly as if a'~ o( tl~r s.+~d sums of mo,~ry v.e~e o..g~+~a.ty sr,pv.ated
,r be pa.d on s~ch day, anyth~ng ~n sa.d prom~sswy ~ote or ~n th~s Mortg,ya ~o the co~~~rary not.~~thstand• rg. ai`d dk~c.,F:on o+ f}nrr~~re~ a~ rhe ovt~on ef
s~ d MORTGAGEE, wnhaut nor,ce w demand, su~t at law or in eq~dy, there~ore or ther_afrer bey~~~, may tx proarcuted as ~f a:l moneys se~ured hereby
n_d matured pnw to ~ts ~nstd~hon.
7. That in the evrnt that at the bcginn:ng of or at any time pend~~g any su~~ upon ih~s Mo+rgage. w to fo~eclcsAi~.or W-~e~orm i?, o~ to enforce
~~a~ment of any c~mms hereunder, said MORTGAGfE ahait apply ta ~he Cow~ ha~~ng ;yMSd.a.on :bu~ot. fot.lha,tW:o~n~~~ient pf a Reteivcr, such Cowt sha:l
ic:rh.vith appo~nt a~ece~1er of sa~d mortgagrd proorrty all arsd sinyviar, inc~vcl ~.g o~~ a3~d su:g~~ar rt~e income, p~ofas, iss~es ard ~r,re~~.,es ~Iro~n wh.:teve?
s: _•ce der~ved, exh and every of wfi :h, ~t be~:~g express~y undero~ood. ~s ?er~uy mortgagrd as ~t s~r~•{~cat:y :et fo~th and d~-scnL.d in fhe grar~~~n~ a~ d
~.~:endum ciavses hrreof, and such Rece~~~v sha11 have all the b~oad ar.d effK+~Yr fu:~ct.O~~s aod powers in.attyw~s0 q~»~ustrd by a Cu~.t to a Recr~ver, a• d
s:1, 3ppointmen! shau be made by s~ch Co~rt as an ad~•+if~rd eqv~ry and a matte~ of absot~:~ ~~ghf to sa~d MORTGAGEE, and ,n~~~~c~t ~c~ere^cr to rne
i.i.•q~ecy or ir,adrq~acy of the vai~e Of Ihe property mortgagtd or to the so.ency .~r mso:venc~ o{ i~~d MOR1Y'aAOOlt o~'f~ie d~fr••d~•:rs, ar:d th;,t such
•~~~•s, p+oi~ts, incane, issues and reven~es shalt 6e app+.~d by such Recr~.er accord.~,g to the lien w equ~ty of sa:d MORTGAGEE ar.d ihe prau,ce o( s~ch
CourL ~ ~ ~
8. To dvly, prompt!y and (ully p~rfo~m, d~scharqe, eacc~te, effecf, co•np:cre. co+npt~ w~th and abide by eac6 and every ~he-stipu:ar:ons, agreemems,
cor.dAiOns and covrnanrs ~n sa~d promissory note and th;s mortgige s~•r fwfh. ' ~
9. Ihat in the e~em the ownersh~p of the mo•tgaged premises. o. a~y part inereef, becomrs vested in a pe~wn orher Ihan the M~RTC,AGOR, the
ti1~RiGAGEE. ~+s successws and asa~gns, may, w~~hou~ no~~ce :o ~he MORiGApR, deai w~th wc~ svccessor o~ s::uraso. ~n ini~rrst w~~h refr~ence ~o th~s
o•+gage and ti+e o_ut hereby secured in the same ma~r.rr aa vs+th Ll~rr~agor w~thout in any ~vay vit.ating or d sit~a~g~~r.~ the l,tcrty,gors' i~at,~::ty herr
,ier or upon the debt h~reby secured. No sa:e of the F.e~n~ses h~-~eby mcrtgaqrd ar•d no f0'JPOrdn~f e~ the part o+ }F~r ~:IO~iGHGEE or ~ts successorf
o: ass:gns and ro e~tens~on ol the hme for the payrr.em oi the drbt hercby src~red g~ven by the .•~JR?GAvE_ o* ds succeasora or au gns, a~+all operate
to re~ease, d,scharge, mod~fy cAange o~ affect the ong~nal tiau:.~~y of rhe N.ORTvAGOR here~n, e~ther in v~hote o. in part.
10. It n spec~f~cally agreed that t~-ne is of the esse~ce of th~s co•uract and that no waiver o( any ob`,gar~on hereunder or o! the obtgation sr
c~~ed hereby shaL at any fime thrreafter bz he:d 1o be a warver of the terms hereof o~ of the ir,str~rnent secu~rd herby.
I 1 ~n ~u3 no : to ~he fwec~ .-.o^•sh`v Faym_MS of p:,:,: , ri and inreresr requ~red by the prom sscrr +.o'e s_ c~~rd h~r~•6i. ~:err~3~~r co:enants i
i
~ i a~rces te pa~ t~ ••,o-tga~>e ~r.~tb each r.~~»~h y pa;~.~ent an ad:i,r:onal sum ~~s•• ~ eird t~r ~~:org~gee to i~e e.;ao~ ro i i2 0` r:.e .ua~ c:.sr of the fo~~ow- ;
' A-,>^ r~at Yropcrty ta¦_s !e:~e~ o+ ass•-ss_d ag~i~ur ih•_ acave desu~~-d r,al es+a'e.
B Pr; ^,::s o~ i~re and .e:ndstc-~=+ ~nsvra :e as nerc~n rcq~.red to be ca~~~• ~ l%~1 ~'Zl' ~•;:ro~rc•ne~ts s t~~ate on th~ abo+e d sc ::~_d pram[ses.
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t P~, • s cn su:h mortg ;ge gud~anTy ~nsu~a~ ce as mo•:y~gee shalf frc~^ 1~^F 'o s~•~e dre:^~ fit to ca.ry on the ;can secu:.~d i:~ rco~.
A1c+!gagee s^_,'• `ro~n t~ ne to t:-.,e nc•,f, me•ry~gor :n wr~r.ng of !hr e•~o~~r d. c an~ ~:3yable here~ndrr a~•d s::ch w~~ si,, i ~t~~~r~~upen be due and
I ~.a5~e on !he d,~c es•e of ~he r.e.t :.:onth.~ psy•nent and e~ch w_cess~.e o~:~h ri,e:eaRzr ~r r~' mcrtg~gee sha.^, not.fy •nort~J-yJ! of a cisan~e ~n sv:h
j :~~nr. S~,ch su:na s ~ i;e a~ lyd b mort e~e fov~a~d the a~ment of re:;i ro e~~ taxes, msvra ue re~~.ums, a~d mort^e e arant ~nsvrance
• r[' v 9~3'. F~ P F i C y 9 9~ Y
~ . r~-~eums.
I IN \YITPJE~~ 7.McR~Of rne sa~d h10RTGAGOR has here~~to set h~s h~rd and sr~l she day and year 4i t aferesaid. 4
! S,~~gnGe,~. Sea~ed a de~~vered ' presence of: ~]IH~i.~ i~G`~~~
~ l.:- s~ ~!i/4' .dw - - ~ ` ~+i)
g _ ---t - -!Sral)
_ -
(Seal)
:~E OF FIORIDA ~
ST _Lt1C I E
~ ~:.~~.rr oF _ 1
Brfue me peno~alty apYeered RObelt D. _AIbT1ttOI1 _ and
!
Shi=ley B• Albritton _ h~: w:fe, to me well known a^~ kno+vn To me to be
~ •!a ind;vidva!s desueFxd in and who executed the fwega~ng enstr~ment, and acknow:edged beiore me th3t rhey e~ewfed ti,e s~r*~e fw the yvrposes {
Shirle B. ~lbritton
~ ,~e•ein eapressrd. A~d-the sald----~ - - -
Robe r t D. A lbz i t t on a se aro~e r~d nYare
•c of the sa~d _ ~ P P
~ c•~m:na!:on by mt ta4en sepa•a~e ard aprrt irom her sa:d husband acknowicdged to and before me that s~e caec~trd sa.d ~~s'~..•~:ent tree~y a~'~d vowo-
•-,~y and +V.thout any compv's~on, co~srra:nt, appreh~rns~qr~y~o+ fea~ of or from her sa~d h~sbar.d.
Y ~ Au ust
~YITNESS my hand and offiual ual ths - day of___ A. D. 1971
~ -;~~~/:a°.°~a`--~ - -
~ Notar~ Pubt~~ ;n a~d for the tate of Ficr~~,///ida at inye ~
gy ~ • .
~ ^ - ~~y ~omT~sl+On l~~~rM: /y?,'~~ +
~ Rttu'f1 TO' ~1 ~ ~ S!
~ F~rst Federal Sev~ngs 3 loan Assac~at.on ~n/~/7/ , }
~ v .f1LE0 ~Nt IIECQR0E0 ~ ' - ~ ;
~ '
~ Fo.+ P.=..~_. F~,-~ SL lUC?E CaUMTY FLA. _ i
~ ROGf~. ~~,S~AS
~ CLER~ C~~t~UsT COURT
~ RECORt1 Y£=~FIEO.~..~-
~ This Instr~rr~ent Prepared By,7ohn 4?'. Collins C @~
~ First Federat Savings E. loan Association ~'U ~ 2~ i"~~'
~ of Fort Pierce lo~ i da
~ Checked By -
~
~ G 'tn ~
gil~
~ U,e /9f'C a2~'".3/ ~
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