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3. To p~ace and conrinuously keep on the bu~'d~:~9s ~ow or he~r~ftrr ~~wate on sa~d tand artd on ail eq~~p~Tent and personal{y covered bY ~h~s ma ~
ege, w~ih all premi~mi ~hereon pa.d ~n f~ll, f~rc i:,surar.ce ihe ~s.,a1 sTanda~d po.~cy form, in a svm appro.ed by the MOR~"vAvEE, a~:d w~ndsto
~r.sura~te in the usual standard pot:cy 1o~m, in a wm appro~e<1 by ~he h~ORTGAGEE, in iuth company ar co~npames as the h10R1GAGEE m ~
d~rect; and all fire a~d w~ndsrorm insurance po!ic~es on any of sa~d buiid:ngs, any interest therein or part tharaof, in the aggregarr wm aforesaid ~
in excess thereof, s~all contain the usval srandard m~rrgagee c:ause cr such othe~ dause as the Mortgagre may reqwr~, making thr ~oss undrr sa~d po
ues, eath and evety, payab!e t0 said h10RTGAGEf as its inn~rest n~ay appear, and each and every svch pol:cy shail be ptomptly ass gnad a~~d de~ivered i
any held by sa~d MORfGAGEE as further security to said if:ortg3~e debt. and, not less than ten (10) d~~s in advance of the expirat~on of each po!~cy, ~a d.
l~ver to said MORTGAGEE a re~+ewa1 thereof, tog~~hrr wiih a rece~pt for the premium of such renewa~; and there shali be no fue o~ wu~dsronn ir.suranc
placed on any of sa~d build~ngs, any interes~ the•e.n or part fhe~co4, u^'ess in ~he foim and wnh ~he loss payable as a(oresaid; and in the e~e~~t any sun
of money becomes payable under such poli~y or {wLcies sa:d •'J!aRiG4vEE sfi~N hj.e ~he opt~on to ~~o_~ve and app~y ~.:a same on account o) the indrb~ed
ness secu~ed here0y w to permit au~d MORTGAGOR$ to rece~ve and use it or 3ny pa:t th_~:eof fo~ o:ner 4ur;•es~~s, v.:~no.:t th or ~,~~.~.,3 ;;r ~~~~P~~~
~ng any eqvAy, lien a ~ight uncle~ o~ by virtue of this mor:gagc; and ~n the eveM sa d MORTGAGORS shall fo. eny reason fait to Keep ~ne said premises so ~
~nsu~ed, o~ fail to deGver pranptly any of sa~d pol~c~es of inavra~~cz to s.+d MORTGAGEE, or faif p:omptly to pay f~~ly any p:e•~~iu~n tne~rfor or in any
respect fail to perform, d~scha~ge, eaecute, effect, comp~etr, co-~pty ,,~ifh and ab~de by th~s cove~an~. or any part hereoF, sa~d MORTG:.GEE may p~ace a•d
pay fOr such insurence Or any part thereof w~thout waiving or afFe.ting any opt~w~, ~ien, rquAy, or r~ght ~nder o~ b~ v~rtue oF lhis ,ti!ortgagr. dnd 1hE ?
!uil a~no~nt of each and every wch payment shall be im~ntd~ately due a~~d pa~ab'e and shafl bear ir.terest frem the datr thcreof u~vii pa~d at the rate oi i
i
~~~:e per ientum per annum and tu~ethzr ~nith s~ch inter~s! shai~ oe scwr_~d by the Lt~ of th~s rtwrtgage•
To permit, commit w suffer no waste, impai~mrnt or detcr~oral~o~ of said property w any part thereof.
5. To pay all and s~n9ular the costs, charges and expenses. in;~udng a reasonable atrorneY's fee and costs of abstracts of title, i~curr~l or paid at
e-,y time by sa~d MORTGAG:c, because or in the event of fhe fa~lure on ~he par~ of ~he sald h\ORTGAGOR to duty, pro-pt~y and fu~fy pe~fwm, d~schargr
~¦ecute, effect, canp~ete, comply w~th and ab.de by each and every ~he st~p~ia~:ons, agreem~ntS, cond~nons. and co~ena~~ts o~ sa~d p~o~~~isso~y note a.-~d ~hls
•.orfgage any w euher, and aa:d costs, charges and expe~ses, each and evrry, shall be immed~ate'y due and payabie; wherher a not fhere be no~~ce d>
~~and, attempt ro co:Iect or suit pend:ng; and the full anrount of each and ever,r wch paymem s!,all bear imeres~ from ihe date thrreof unti! Fa~d a~ the
oi n~ne Fser crntum per an~~u~~; and al~ aaid cosfs. cnar~es a:1d ~~.c:r~,ses ~ncvrred or pa~d, together w~th such inte+es~, ahall be secured by the l~en of th~s
mort9age.
6. That (a) in the event of any breach of this ~1Aortgage or ~+efau:t o~ the part of the MORiG:.G~R, or ;b) in the event any of sa:d sumi of money
herein referrcd to be not promytly and fuily pa~d w~+h~n tn~~ry ~33; deis neal a+r.•r the sa~»e se.era?!y Ceca*~e due and payable, wifhour demand or notice,
_ r~c) in the evero each artd every the sr~pu'ations, agcaements, cord~r~ons and covenants of sa•d pro.z:issory note and th:s mortgage any u ei~her a.e nof
~~!y, promptly a~d f~lly performed, d.scharged, executed, effected, compieted, cornpiled wirh and a6•ded ~~y, then in erther w sny such e~ent 1he sa~d ag~
?~egate sum menraned in said promiuory ncrr thzn re~nain~ng ~nYa,J, "~:th inrerru acuued, and atl moneys secured hereby, ~halt beco+ne due and pay
ae e fo~thwith, w thereaher, at the op!~on oi sa~d MOBTGAGEE, af fw~y end compleTe:y ~as if all of thr sa~d s~ms of money were or~g~na~ly st~pu~ated
1^ '~e pa;d on such day, anythmg in sa d pro~n;ssory note or in this !dongage to the contrary no~,+v~Thsra~,d~ng; and there~pon or thr~rafter a~ ~he opnon of
s, d MORTGAGEE, wrthout nonce o~ demand, su~t at law or ~n equay, tFu_•.elore o+ thereal~er beg~n, may be prosecuted aa if all moneys secured hereby
r,:~ matured pr~w to ~ts inst~t~t~on.
7. That in the event ~hat at rhr beg~nn;~~g of w at any nme pend~ng any su~t u,^on th~s Mo-rgage, w to foreclose it, or to reiorm i?, or to enforce
ca.ment oi any C~31R1S hrreunder, sa;d h10RTGAG'.f sha~: ac~~y to thr Co.,rt ha+:~~g ~unsd,c~:on therro4 for the appo~ntmem of a Rece~.er, svch Court shail
; rhw+th appa~nf a receiver of said mortgaged pro{urty aIl and s~n~u.ar, ;rc;uJ ng a;1 and s~~~gu~er !he income, plohts, issues and revenuea !ro+n whate~er
: orce der~ved, each and every oi wh,ch, n be~ng express'y ur.~+e,s~c..i +a re:cor ~no~r~aged as ~4 spec~r~caily xt foreh and descr~bed in 1hC granhiy and
r joendum cla~ses hereof, artd such Retei+~er sha:f have al! the b~.:ad a~.d ei~ecr~va funu•ons e~d powers in anyw~se entrusted by a Court to a Recriver, and
s~:h appeintment shall be made by such Co~r! as an ad ~~tr~ eG.:~ty a~•d y n a~rer ef avsot~re r:ght to sa~d A1pRTGAGEE, a~d w~rhout relerencr to the
..:eyuacy or inadeq~aty of ihe value of the prope~ty mo•t9aqetl or to tne so ~ency ot ~nso~.ency of said MORiGAGOR Or ihe defendants, and Ihat suth
,r~,~s, profits, incane, iswes and revenues :ha~l be app~~ed cy wcn Recr:~rr ac.ord~~:g to the iien or equ~ty of said MORiGAGEE and the pract~ce of such
Court.
' 8. To d~'y, prempi:y and iui!y perfosm, d~scha~ge, execvc, e~~cU, co r,plrte. compiy wdth and abide by each and every the st~putations, agreements, .
c~nditions and covenanrs ~n sa~d prom~ssory no!e a~~d th:s R:,,rr~3ge s,~r ~o.tn
9. That in the event the ownership of the mor?gaged prer.~~ses or a-~~ part thereof, 6ecomes vested in a pe~son other than the MORTGAGOR, the
:•^RTGAGEE, ifs svccesso.s and assgns, may, wr.how nor,ce to t~.~ ,\t.J~'G~~R, deai w~th such successor or succeswr in ~nterest w~rh reference to ~h~s
i o•~gage and the d_ot hereby sccured in rhe same n,anr.er as v.~+h ;torr~,qo~ vs:~hout ~n a~y way vit;atin~ or d+scharging the tdortgagora" Oab~tity herr
~ ~ der or upon the debt hereuy sec~red. No sa~e of the F~e•~~ses h~reb; •no•lgaged aTd no fo.beara~ce on the part o1 the MORTGAGEE or itf s~ccesso~s ~
ass~gns and no exrers~on of ~he t~:,;e fo~ the payTe~» 04 me d~bf h-•et•~ iec~•ed g~ven by the MORTGAGEE o~ iu wccesso~s or ass~gns, a~~all operate
i o fe~ease, d•scha:ge, mod~fy cha~ge cr affecr the o~~g,nal i~~c.::t~ o+ rhe MORiGAC,OR h~rem, either in whole or in part. ~
' 10. It is spec~ficaliy ag•ezd that t~n~e ~s of th~e esse^ce ei ti„s co~nract and that ~o waiver of any o6t~gahon hereunder or of the abligatbn sr ~
~ c. •ed hereby shaii a~ ani t~me ihrreaiier be he:d to be a wd~:e* o; ~he eerrr.s ~ereuf w of the mstrumem sec~red herby_ ~
I l. In a~d T'.o~ eo ehe forege ~~g ~ronr~:°y ;:~,-~,;~~s o• ;r~ c r>. ar.d v ~eq~~~rd oy the prom s;cry nce x.ured herrby, rncrtg~y~r covenants
~ d ag~ces !o ~ay ro n~crt~3gee ~n~fh ea:~ c~~+h y Y3,• e~t d., a~:: a:•a! s~ n~-s~ ~ ared br mo:t~~g2e to be equa~ to 1. 12 of r~e an:wal cosr cf the foltow- 3
s ~
t
~ A-~!i rea~ prope-r~ ra¦=s Ee~:~_~ o~ ass<=ssc;i oy;r s~ +~~c al,~:e desc• ~ d r;al es~ate. ~
6 Fr ~r. - s o~ f re ard ,r~nd5to~•~: ini~,~a~ ce as ner•~.~ .cd b.. c_ ,~i c•, tnr :m~rovemeits s ruate on the abeve descnbed prem~sea.
' C-Pre~^~ur~s p~ such mortgage gue~anty ~rsura~ ce as mo•rg~~ee ahi i f~;;^• e ~~r to ti•~e deem f~t to carry on the loan secured hrreby.
z Mo~!g~qee s^,' tc _ nc^.f: :nc~iy~9,~ ~r. tir:r,n~ o~ !he a~••o_^~ d.:r and payable he~eunorr and s~ch s.:•.: sha:i th~:eupon be duc e~d
.~L~~r on mr ei.,e aa~e ci ~r,e ~err n:~nth ~ pa~~••en~ a~~d r.~ch s.::cess..e -~~•.'i~ tt:r:ee+t:r urNi mc~tgagee shal; not.fy r*~rtgagor of a chan~a in w:h
' ~~m Slich s..:ns e~ + i oe a,:F~ ,ed ty mortgagee rc.~a•d ~F.e pa,n:e~~t of rra~ prope•ty taars, ~nwran.ce p+rT.ums, and mc~tgage guaranty insuronce
i
e . e-*~wms.
? IN Y~ITNESS 'hHfR~Of, the sa~d MORTGAGOR has hereu-vo set h~s h~~•d a~d seai 'he day and year first aforesaid. ~
t " _
~ Signed, Seated and defivered the prex e of:
"a - ' . . ($zA~)
' 6. G. Ha an ts~si)
- - ~~Y)t.t. (Seal}
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t - Naoai Hay,an ~s~.p <
i; - - - ~
~ 5'=+?E Of FLORIDA ~ ~
;Y ~ ~
` St . L.ucie ~
~~,U'JiY OF - I
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~ Befwe me pe~sona~ly appearcd -~i ~l~n.-. and i
~ Naoni Ha aan ~
_Y-----------. - his wile, to me weN known and keQw~ f~p~ 10 ~ i
= th,a indivrdw(f descr,bed in •~d who exec~led the foregoing inslr„ment, snd ackr.ow:tdged be;we m! that thCy eaetuted the fan~}~ ,~'pt1~O!
'r'F . ' :
~ Naovi Ha an
~he•ein eapresfcd. And thr taid _ - - -
- - . , t
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~ r.:fe of the s~~d - - -E~-G= ~y~n _ - u a vYy"
r.am~nat:on by me taarn sepa~ate and erert f:om her sa~d h~sE~•:d ack~;,..:rdged ~o and kx{o+e me tMt she exet~ted said ~ruttJ~~pR'fr~eik J~{'f?~f-
' !er~ly and w~thovt any corti;,ws~on, cor.stra:r,t, •pprrhens.op~or tra~ cf ur f•'m ht~ sa~d h~sband. ~ ~.~i ~
} n~ N v bez `f • Cl1-
WI~NESS my hand a~d off~c~a! seal th~s 1 " _ _ _ dny ct _ _ (~c
, p ' ~ •
- _ n s~. o~.~
Nora P~b%ic ~n and fw the tat~ oF F i~ !t ~
~
My Comm~ssion eapirN: • ~ ,
- rn~ a, s;
Rerurn To: ?~~E~ ~.Mi~ k STn1 E L•
First Fede~+l Sa.ings d ioan Aswc+afon st-~~i~t ~VV~t~ f~ ry~~~~«•'••~'
oT c P t~~ R O: E R PJ~TRAf 4 "
~ F~„ c.z..« F_, c~far cr~tcuir eeuRt ~
RECORD YERtFtEO
-~i ~lev 12 f2 i~ ~I •li
This !nstr~ment Prepared By John W. COllltls
- First Fe~eral Sav~ngs & loan Ass~ciation
of Fort Pierce ~ F lOZ i da ~9~~6
= Checked BY i~'----
~~Rx ~.47 ~~E 99?
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