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J. To pl~cy and co~~~nuous~y ke~p on th~ bui'd~n~s now a here~tesr ~~~u.+te on ss~d Irncl +~d on ~~i cqu~p~.:en~ ~nd ~xnona~lY tovt~ed by thi~ mor~Q-
p~. with d) prtm~umt thrreon pa~d io (ull, f~re inw~~~~ce ~n ~he ueuat ua~~~ard pu •:y form. in • w~n a;.p~o+ed b~ ~M N.ORiGAGEE. ~nd w~nds~orm
iniwanC~ in ~?:3 uswt itandsrd pot:q fum. in a sw~, approvrd bY ~hr A1vR:G~GfE. in s•..ch cwnpeoy o~ canpa~ies tM AtORIGAGEE rnay
dirtet; ~nd all fire and v.ioclsro~m in~wa~u potiurs a~ •ny ot s~~d t~,~~d,~gs. any ~n~ero~e ~1k~e~n or parl thervuF, in tt~s apgrega~~ sum ~feaesaid or
in ~xttss Ihereof. sM:l c~t~in ~he ~s:,al s~a~xlerJ mw~gagee c:avse or i.,:1~ ~tti~~ c!~~se as the Mcwtya~re ~nay ~eqv=re. ma?~~q tt.o Ims urxie~ ta~d po1F
ciM, !Kh we~y. peYabte f0 sa~d MOkiGAGfE as ~IS ir..ertft may eppear, a~xl rach a~x1 every suth W+~cy sF~~~~ be ptomptfy a~a y~~rd +nd dei~verrd ~o
.o~ Mld by s.~d MOatGaGfE iwrhrr sr:u~ity ~o sad ~~~ongaye drb~. a~+d, noi :css rlan ~.•~i t10? d~ys in edYanct o: Ih~ e~pn~no~ of eath pollcy, to dr
liva~ to s~id MORfCiAGfE a rc~xwal Urorrof, ~o~e~ha with a recn~pt for thr p~e~*~.um o! such rr~~rHa!; and ~he~e :twU be no Lro o~ w+~~dti~orm in~ur~nce
~_~p~K~d on ~ny ol said buitd:ngs, any ~nte~cst there~n or part ~hr~ool, unl~ss ~n ~F.c fo~~n and ,w~~h ~he toss payoble as a(orea.+id; and in tM ere:?t ~ny swn
'of mw~ey becomes pay~tde wxie~ such poGq w po~~c~rf se:d h'.ORIGAGEE ~h~u ho.e ~hr opr•on to reco~vr and app~y the sa~~x on accou~v of the indrbted~
neu secu.ed haebr o~ to ptrmit said MORTGAGORS lo rrcrwe a~~d ute it p eny p,'t ~h.,.•oi I.x o:~~~ r~.wf of!•S. •.JIW.%1 t!~:~~ o~ W11Vb1~ „r r~spou:
irq ~ny pu~ty, lien w~~ght utxlr? w by vi~lve o1 thif nw:'~.+ge: •nd ~n thr ev~~~t sa.d AIJKIG~GORS sha~l !w any rrason fail ~o krep ~he sa~d p~er?usas so
ioawel, Ot fail 10 d!liver p~ompdy aoy of said polK+es ol insurante 1o sa:d A10RTGAGlE, a(a~t ~r.ar,otty to pay tulty any pre~nwm thcrvto~ d in a~y
respett fai) b pNlorm, d~ufi~.ye, executa, eHect, comp~etr, cw~~µ~y w~th a,~d ab~de by th~s co+u•~ane, or sny p~r~ I+e~eoi, s~~d MGRiGAGEE may plac~ u~d
paY fp suth insuruK~ or any part ther~of wdAoul waiving a•ffe:ti~~g any ophun. lie~. cqu.~y, o~ r~ght undr a A/ virt~e of ~h:s Matgape. and tht
full ~rt~ount of sach ~nd e.ay such pa~mero sMll br ~mmcd~uelY dve and par~~le aud s~el! txar ~r+~crrsr tr«n the d~~e ~he~eof umif paid a~ ~M ut~ o!
mne p~t cantum pea enoum ~rxi to~r~hrr with soch intar~st iFwi~ bc s ti~r~d by ~he ~~en of th.s mwlgage.
1, To permit, tommit or suifa no waste, impairment o~ detrrior~tiai oi sa~d prcprrty or any part thrreol•
S. To Fvy all and singular the costs, cMrges and expa~ses, ~ncivdu.g a ~~aaonabee a~tomry's ier ~»d cuals of abstracts of tit!e, incurr~ q paid at
sny time by sa~d MORiGAG:E, becd~u a in the event ot ~he fa~lure oe ~ix part of fhr sa~d MU~iGAGOR to duty. pro~~ptiy and ful~y pa.wfo~m, d~uha+g~.
execvt~. ~Ifec/, ta*+ptet~. canply w~th a~~d ab.de by eaci~ arxi ere•y ~he styw'.~• oni. ag~ ti:•~~~nts. cond~na~s. and cove~wnn of sa~d p~an~swry note a~.d ~h~s
:nortgpt u:y or eiiAe~. aod ss:d :~•ses, cMrges artd eapcnus. each and rv~ry, aha~f tx ~m:n.•d~efi'IY ds,e and payablr: whrrhe~ a oot ~hrre b~ nor~ce d~
msnd, attempt to colleU Or s~it pa~d~ng; a~~ Ihe (ull a.rwunt ol eKh and every wcfi pe,rnrnt shaii Lra~ inrerril frOm the dale lhereof ttntil paid N Ihe
rate o~ nine per centum pr. annu:.r, a.x: ali se~d costs, charges a~Ki «,ti•r.ses mcwreJ w p.,~d, toyr~l~er w~~h such a~terest, shall te secwcd by tfie I~en oi th,s
mortpaye. ~
6. T?w1 (i) in th.: event of aoy brexh of this 1Nortgage or defaui~ on tt» p~.t of ~h. St0^n7G~GOR, o~ ;b) in the evem any o( sa~d sums of mooey
herein iefared to be not pranptly and lully pr~i wnhin th.r~y ;30; d.~rs .,c.+ a•t..r ~}~e se~r~e sc~e~a::~ beco:,.e dye and payebfe. witho.rt danand a natice.
or (t) in the event ee.h ~nd every the st~puFa~~ons, agreemenn, ce~,d~t~o~~s anJ coveria+sn o! ~r.d ~,r~~~,~sso~y noie and ih,s rtwuaac~e ~~y or el~her a.e ~
~uly, prpry~Nr and fvlly ~+r.fer~ne~, d:s:~+a:ge~. e+e:u~ed, eiiecred, c«*+p.eted, com~:•.ed w~th and ~b~d..-d 5y, ~hen ~n esther or any s~ch event the •a~d ~g
gregat~ sum mentioned in ss~d p~om~ssory nete ~hr~ ~e~*~a~ning unpmd. w:rn acc:..~d. orxi ae: ~noners securcd hereby, ttwll becon~e d~e aod pay
eble fwthwuh, or rAereafrc?, a~ ~he oprion of sa~d MORTGAGEE. as fu:ty a~~ co.+~p:r~c:y as ~f ail oi the ss:d a~~ns o~ mooey wcre wg~nally ~upu:ated
to be pa~d on sucF+ day, anyth~ng En sa:d prom;aswy r+ote o~ m th~s Mort~a~r to ~kr cav~a~y nw+..}hs~a+,d,ny; and ~herev~wn a ihereafte~ a~ ths opt.on o1
ss~d MORTGAGEE, w~~hout aoKCe or demand, suit at I+w or in equ~ty, tnereFore o. thcrcaffer tx~~n, auY be prosec~ted as if all moneys secured Ae~eby
had matwed p~ar to ai ~nstnutan.
7. That in ~he event tha~ a~. jb! beqinning of or ~t eny r~„~e pend~~~g a~y w:t u`;~ +h;s Mortgage, a to faec!ose it, o~ to reiam it, o~ ro e~force
paymenf of any da~ms haeur.d~, laid Y.QRTGAGEE sl~aii ~pp~v ro ~hc Co.,n 1+~~~:•g ;~~•+e~•c:•u~+ ~t~~•~~~o! for ~he apvo~nrmenr of • Rece~ver, such Gourt shatl
fo.thwitA appo:nt ~~ecelve~ of sa'.d rtw~tgiged prooerty a~i and s~ngv!a., i:k~vcd r.g a~•d s~~yu~a+ tr.e incon+e, prof.rs. ~asves and rerenues from whatever
aource derived. each a.~d every of wh,ch, ~f 6e~~g express~y ~nde~s~ve:f. is ~e~ci,y n.vr+9,9:-d as ~f spec.f~ca„y ~et fo~Th and descr~brd in the granri.g and
habendum clauses hereof, ~nd sutA Reteiver sha~! have all Ihe b~:~.td and rttxt:~'r +u ~s end fio.vrrs :n anyw~u emrusted by a Co~rt to • RFtriver, and '
s~ch appantment shalt he made by such Court as an ad:niu~d ca~~ryr e~x! a:ra!ter e+ a!:s~.,te r.yM ~o sa~d Ak7RiGAGlE, and V.~rlwut reference ro the
edequatr o~ inadequacy of the value oi !he pLQprrry ..w,!gaged or ~o ri,e SJ•L'Y~SCY or ,~.:ncy of sa~d MORIGAGOR w the dr~endants, ar:d rhat such
rents„pI0(~13.~~~cwne. ~ssue~ u+d revcr.ws shaE~ be appl~ed by such Rec~~.rr o::or.i~r.~ ro the :~co or rqu~ty of said MORiGAGfE and the ~IAUK! O~ suth
Court, -
' 8. To dufy. prompjFy•and futi9•fe~l~rm±t~jsc6arge. exetutr, eftcc~, comp;rre. co~~~f:t.• w~th and ab;de by each and evcry the stiputations. ag?eements. .
conditions an~covenanti ~n satd Qromis~p'~nore a'~d th~s mo~rg,r~e sr~ iw~n.
9_ 7haf in ~he event ~he owne+shfp of the mortgaged premues, o~ eny FarT tncrcol. L•eco•nea vested in e person ather than the MORTGAGOR, tl+e
MORTGdGEE, iti successors and aas~gns, may, wifhoue nonce ro ~ne AtORiGHOR dra' ,n,~h such successo~ w s.,ccessor ]n interrst wi~h refere~+ce to thi~ -
mo.ry~ ant~ the dc:.~ herely secu.ed ~n rhe same ms.:ner as w~th lturr3.,ge. w.:nout in any way vit.ating a d scharg:ng the Mortgagors' lis~t,ty hertr
~nder or upon the dr~t hereby sec~~ed. No sale o( the ~re~,ises hrrrb~ ~~.o~tgag~d `e: d r.o +o-lxarance on the par~ of the IAORiGAvEE o~ its successws
ar ass~9ns and no ea~e~s~on oi rhe t:me fw the payrtxn: 04 ~he debT her~6y src.;~eJ q~.en by the MORiGAG.E or its svccessors w asa;gns, shatl opeut~
fo reteax. d~xharye, moddy change or aifect tlx w:g~nal l,ou.;.ry oi the MCRi;~AG~7R here~n. eithe~ in whole ot in pa~t. '
10. It is speuf;tal~y agreed that time is of the esunce of th~s ~onvacr and that r•o waiver of any ob~~gat~on hereunder a of the obliyation sr
c;,red hereby shaf~ at any time ?hrreafter be held lo be a wa~vtr of tF.e lerms hcreof a oi iht irntrumeM aecwed herby.
11. In add +:o~ to +he iorego ng moothty paymrnis of p5r.c pet and ;meres: :eqwrzd by rt~e pro~+.ssery nore securrd her~br, mortgagor covenants
and agr~s to ~av to m.a-tgagee v~::h eacfi monTh!y payr.,ent an add.•~onal wm . s~ ~ areri b~ •r.o-ry.~ee to be equaf to 1 12 of thr ann~al co~t oF the foltow-
,
A-Ali rea+ p~o~rty ta~rs lev~e~ o* assessed ag.+~~~sr th•_ abo.•r desc~='.^.,d -=at rs•a•e
B-Pf@T•J':~S on f,re a.+d ~:nds+o•m fnw~ac~e as here.~i roq,,.rr~ +o be ce•r:• d c~- t~e :-;;~ov?n:e~ts s:tvare on the ebove dzscr~bed premises.
C-Premiums o~ such mort~.ge g~arenty ~esw.a=ce rs me•~~ag~-e sha;l c.,>.~ •.me ?o t.m~~ dee~- fi: to carry on the loan sec~:ed hereby.
' Moetgagee sh, !'r~m timr to t,me not~fy mong~go• ~n wnt:.,g of ~he o~ ~t d..~ and payable Fxre~ndrr and wch suT aha{I thrre~pon be due and
i ~a~abfe on the due oate of the ~ext :-:o~~h:r pa•iTenr and e~h wcc•~~s~ve ~re-,!h ~~~reafr_r ~r.t~t mo~tgagee shall not;fy mortgagor of a change in s~ch
f a~nount. Such sums s~a i be app:~ed by mor~gaqee ioward the peyment of rent ~rcpees~ Yaxea m:urance p~em..~ms, a~~d mortgage guaranty insur~nce
~ P,~m~~m,. . _ ~ .
It~1 WITNESS WHEREO~ rhe sa~d MORTGAGOR has herevnto xt h~s ha~d and seal the da ar f~rs~ af+r
! Ssg:xd, Seated and det~vered in the p~exnce of: fIlEO ~NO itEC~R0~0 Y~( J
! ST lUC1E ~OUN Y FL1~ (t•a~
~ R06Ea PO~TRAS . oo ver on .~~n
- CIERR CRifiEO COU~.~-~ ~o~..vs-1~•.- ~5e.~
aEC0a0 vE ~~ve-
r~"~~
. ~a,j ~ ~k,~~
STATE OF FIORIDA ~~O I'" O~
~ 211536
-
6efore me pcrsw~+ity appeared ~~id O. Woolverten _ .~d
CiZ01 Cs• WOOlV @lt0l1 _ his wNe, to me well known ~nd known fo me b be
rhe individwts dexr~bed in and who uecu~ed ~he foregoing instrument, _and ackr.ow:edoed be(ore me that they executed the ssme fw the purpoxs
~xa~d. ,v,d ~F,. ~;a Carol G. Woolverton
+~~~e of the sa~d DI3Vid Woolvarton ~ separate ~nd p'nat~
examiaat:on by me taken sewrate and soert from hcr sa~d husband, acknowiedged ro rr+d be~we me that she executed said instrumem Geel~ and volun~
tuJy and w~thout aoy compulsan, consuaint, apprehens fear of or from her aa~d husband.
~p~
WITNE55 my hand and offiua! seal thi~ /1 _ day cf A. D. 19 71
• ~ No~s-y PLbIK in a.~d for ~he S~ate of Florid~ at ~e
My Comm.ssion expires:
Re~urn To: WT~r ~O~u0. f1ATE OF t~olllGA AT W~
Finr fs~eral Savinga a loan Assouar,o., AAY COMNIISSION EXPtRES rJCT 2, 1971
- Of For! P.r:ce ~VNpiQ I11i4.YW/ ER<O 111. o~ESiti:rpRSt
~
Fwt Rierct. Flor~da Q #'J~I~,Ji` .
4, `.~"""='°!~.'p'
pS~;' •rs, ,
This Instrument Prepared By R iChard K. Kayie s ~ : ` ~ ~ - ' ~
First Federal Savings 3 loan Association ~ 7-
- 1, i' ~
of Fort Pierce~ Florida _ ~ ~ : _
` =
~,p . s':` _ . -
Checked By F~------ U R •~••,,,~,,~•y``r~~
a~ 193 1740 . . ~ ,
- ~f