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J. To p~ace and cont~nuously keep on fhe bv~'d~~~gs ~row o~ he~rair2r s~t~~ate on sa~d Iand and an all ec~ui~xnenl +~d peno.uliy covered by this ma ~
sge, w~th all preml~ms thereon pa~d in full, fire insurance m~he usual s`e~~ue•J ~:v ~v~:~. in ~ sum approved by the MUR~GAGEE, snd w~~~dt~o .
insurance in the us~al uanda~d po~.cy lo~m, in a sum aF4~ro~ed by ~he A10RTGAGEE, in svch company o~ co~+nan~es ss the MORIGAGEE ~
d~rect; •nd ali (ire a~~d v.~~d~~orm insuranct poi~c~es on any o( sa~d buiid.~+gs, any iroe~es~ ~he~ein or parf lhereol. in the sgg~egate w~~ alor~said
in eacess thercof, shall con~ain the w~al ~ta~~Ja~d morrgag~e c~awe or wch o~hc~ clause as ~he Mongayee may ~equ~rs, maAi~g the foss under sa~d po
c~es, each and every, pa~ab!e to said MOR1GAGfE as its ~me~est ~~~aY tpE~e~~. a~xf each and every svch po!~cy thall be prompNy assqneJ and dr~ivered ~
eny held by sa~d MORIGAGEE as (ur~her sacu~~ty to said ~~:o~tgaye debt, a~eJ, no~ ~es~ than ten ~tOf days in advance of Ihe eapi~aNo~ ol each polity, to d.
I~ver to said MORTGAGEE a renev~a! the~eol, toye~lur wlth a rece~pt fo. thr pre~mum of such renewal; and the~• sha~~ be ~o fire or winds~o~m mwr~nc
placed on any of said b~itd~~g~, any interei~ theie~n w pa~~ the~eol, un!ess in the form and w~th ~he Ioss payable as aloresaid; and in the event any s~~
of money beca~xs payabte onder wch policy w pol~cies sa~d V10R1GnGEE ah~ll have ~he op~~on ~o receive and app!y Me same on account ol tl~e indabted
nrss secured hereby w ro perm~t said MORTGAGORS la rece~ve a~~d vae it w any pa~t thereol ~nr othr~ pur;.ases, v~~~i~o~rt ~h~.~ u~ ,va~~~ ~3 c. ~+t~pa~r
,~g any eqv~~y. I~en a ~~ght ~nder or by virtw of this morcgage; a~~d in the evcnt ta~d MORTGAGORS shaq fw any reason lail to keep the sa~d premisef so
~nw~ed, o~ fail lo dzhver pranplly any of sald poi~ties ot insura~xe to sa~d MORTGAGEE, w tail promptly lo pay fu~ly any pre~~~wm therelq w in a~y
respect iail Io pe~Fwm, ducharge, eaecute, effec~, complete, co•np~y with and ab~de by this cove~ant, or any parf hrreoi, said MORT; AGEE may place a~~d
pay fo~ such insurance or any pa~t the~eol w~thout waivi,y or affec~ing any opnai, lien, equ~ty, w ngM unJe~ o~ by virtue of ihis Mo.tgage, and the -
l~,II amount of each a~d e~ery wch paymem shall be ~~nmed~atzly d~e and payable a~xl shall bea~ interesl from Ihe date ehereo( until pard a~ the rate ol
~~~~e pe~ centu~n per annu;n and to3rthrr ~Ah wth uiterest shau tW sewred by Ihe iien o( this mqtgage.
I. io pe~mit, commit or sufler r.o waste, impairmenl w deterioration ol :a~d property o~ ~~y part Ihereof.
S. To pay all a~d •i.~gular the coa~s, chargea and tapenses. ~ncl~cli+~g a reasonable attorney's (ee and cosfs of abstrecls of ~;tle, incurred o~ pa~d at
a~y ti~ne by sa~d A10RtGAGfE, becawe a in ~he event of th. fa~~vre on the part of ~he sa~d MORiGAGOR ro duly, prompNy a~~d iully perfam, d:scharge
>.ecute, effecl, complete, co~nply w~th a~d ab.dr by each and eve~y t1~e s~~pv~aT~ons, agree~nents, conJit~ons. and cavenants o) said p~omissory nole and tF~s
mor~gage any or e~~he+, and sa d costs, charges a~~d expenses, each and e~ery, shall be immediately due and payab:e; whether w ne? the.e be no~~ce da
n~and. attempt tp tolletl o~ suit pend~ng; and ~he i~il a~~w~n~ of each a~•d e:erl suth paymenl fhali bea~ ~~~eres~ ~+om th! da~! thereof vo~ii p+~d st th!
o~ n~ne per ce~~tu~n Fei ann~ •r a~~d a~~ sa~d tosts. crta~yes a•~J u:•a~ s~ s~~xu~red or pa~d, ~oyr~he+ w~th ~uch inrerest, sAall be secured by Ihe lien ol th~i
mor~yaga_
6. That (a) in the event of any L•reach o( this Mortgage or defav~t on ~fr_ parl of the MORTGAGOR, a(b) in the eveM ~oy of sa,d sums of money
he~ein rofened ro be not prc,~nptly and fu11y pa~d w~fh~n th~+ty ~3J~ da~s ne•i a~~e~ ~he sa~.~e seve.a'ly bec~ne due and payabte, wiihout demand o~ notice.
tc) i~ tAe event each and eve~y ~he sripu~ai~ons, agreeme~rs, co~~d~~~e~~s a~d covenanrs of sa,d promissory nole and th~s mor~gsqe any o~ eithe+ are nol
i~ty, prompHy and t~tly per}ormed, d:s:harg•.d, e~ec~ted, eifected. cwnpleted, conipi~ed w~~h and a~~~ded Sy, then in either w any such event 1he sa,d sg
a•eqate fum me~t~oned in sa~d pro~+~ssory nc~e then re~~a+~~~~~g vnpa~d, wuh i~~tere,~ acc~urd, and all moneys secured hereDy, a1~aN become due a~d pay-
ao e(orthwith, o. :hereafter, a~ the opnon o} sa~d MORTGAGEE. as !~~~~v a~~d complete~y as il all of thc said s~ms of mone~ we~e w~~~naily st~pu:ated
~o be ~:d on s~ch dzy, anything in sa d pro~*,~saory notf or i.+ ~h.s Mortgaqe to the co~~t~a~y ~o~n~~hstand~~~g; and the~eupon w thereafter at the op~~on of
sa d MORTGAGEE, w~tho~t nonce o~ demai:d. s~~t at ~aw o~ in eav~ty, therelore w thereafrer t~eg~n, may be proaec~ted as if all mo~eys iecured hareby `
~•d matu~ed pr~w to ,ts insirtvT~on. ~
7. ihar in the evero ~hat a~ +he beg~nn.ng oi or af any tune pendi~~g any su~t upon th~s Mo~tgage. or to fwedose i1, or to refo.m it, or fo e~force 1
e~:mem of any ci~~ns he•eunder. sa~d MORT~,AGEE sha'1 aF•piv ~o the Ccurt having ~vr;sd~c~:o~ the~eof for the appo~nrnx~t o( a Rece~.•er, such Co~rt shail ~
rhw~ri~ appe~nt a receiver o~ sa~d ~•~o~eyayed prope~ty all and siny,~:a~, incl~d ~~g ai+ and s~~~gv~ar the incon+e, p~ol~ts. nsues a~d reve~~ues from whate+er
s.•ce drr~~ed. each ar.d e~ery e( wh.ch, ~t he~•~g eaprc~ss'y unde~s~ood. n her~-br mo~~gaged as ~f speuhcally set fo~th and descr~bed '+n the graro~ng and ~
~~!~endum cra~~ses hereol, and such Rece~.er sha~i ha~r aii tne br~:ad a~ d eflec~~~e Iv~,ct c•~s a~~d ~+owe~s m anyw~:e en~r~sted by a Ceu.l ro a Rete~ver, a~•d
s.:h appomrmenr ahatl be n:ade bt such Cc_~~ as an ad~•+~~~rd cq~'~r~ and a•++a~~e. o~ abso~~~e .~gM to sa~d MORTGAGEE, and w~nc~~l reierence to the t
•~±eqvaty or inadequacy o1 !ke va~~e of +he properry mo.tgayed or ro tt~e sc.ency or ~n=~,.v~~r.c~ ol sa~d MORfGAGOR a the dete.,da~~ts, and thal svch
r:,~~~s, profias, incwne, iswes and re~erues shai~ t,e app~~cd ty wch Recr~rer accord~ng to the lien or eq~~ty ol sa+d MORiGAGEE and the piactite of suth
Court.
S. To d~!v, promF~t'y and fu[~y pe~Eorm, d~scharqe, execute, eS~ect, complete, comply w~th snd abide by each and eve~y the stipuiations, agreemeMS, .
::,nd6!:.^.:.1 3:.:3 Co.cr~dnta m se~d promiSiv'y nOtt ant~ th~,s rt•.~rtg.i j2 Sre forth j
9. That in the event ~he owne.sh~p uf tt~•~ mortgage(~ ~+fC~"~SP1. O~ a~~~ pa~t tncreol, becomes vesfed in a pe~son othe~ than 1he MORTGAGOR. the
:",'RTGAGEE, irs suttesson a«d ass~3ns, may, w~+hout r~o~~ce ro~~~e :Y.~~RSGaOY, deaf w~t?, such wccessor p auccessw in inrerest w~~h ~eference ~o thif
^,~-tgage and the d~b~ hereby secured in the same ~a~~~e+ as w~'h td;;•ry~go~ v~~tho~t in any way vit~atinq o~ d~xi+arg~ng 1he Martgage~t' lisbdity herr
der or upo.+ tho deb~ he~ebr sew~ed No sa'! ol the F~e~~ ~s~s h<reh~• m~~~tgaged aRd no 1o~bearance on the ~ert of the MORTGAGEE w irs successws
~ ess~g~s and ~o e~teni~on of rhe t~~„e fe• rhe pay~~:e~~r o; ~~~e dob• h~.~n~ sec~~ed g~~en by ihe MOR~GAGEE o~ ib fuccessws w ass;gnf, s~~all operats
~o reiease, d.scha:ye, mod~fy cha~~ga or affec~ the o~,g,na~ ~~al~ ,~y o+ ihe A'.ORi;,AGOR he+ein, e~ther in whole or in part.
~ 10. It i: scea~~ca~iy ag.eed tha+ t~••.a ~s of ~he esse~~ce of ~h~s co•~nac~ and thst ~o wai~er of any ob~~gatiw+ hereunder w o1 the ob~igation sr
~ c~~ ed hereby sha:l at an~ hnee therraher be h~~d to be a v~a~~er of ~he terrr•s her¢of or o1 the mst~~ment :ew~ed h~~by.
i
I1. In a~idt,c~~ ~o the fp~eqi..•~7 ,•~unrh•~ ~~.~~•.,.,,,fs o4 ~~.~:~~c ~~a~ rn~J ~•~i.~.•cy• ~e•~~•r~d by rl~e prom3sory no'e secwed hereb/, mortya~pr tovenanti
~ ~ cf ag~ces fo pe~ ~o •~.o ~gnyee v.~rh ea;h ~~:~nrF, y;..~~, e~,+ ar, a•i ; u.,~~ s..~„ . s• ~.+~cd by mo:tya~ee ro be equaf to 1 12 of the an~.val cast of the foi~ow-
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; A--AII ~eal ~•.ron^rr•,• ~a.as ic:,-:! o. dSSSSted aya~~'.ST er... a~.~.,o ~{,.S-„~:.r~ ,.,r~ pS•arn
z B i~:~ ^s on 1~•c a~,;1 w..,cfs~:~:~~ ~~svra, ce as c~.,.~•~d +o bN ca~~...d c., +F~.. r.ove~nent~ s;tvate on the abov~ desa~bed premises.
~ C-P.er'n~u~~n on Suc~+ ~^o~}~ ~~e gvara~'y ~r:su~a~ ce as •r~c•tya~re sha;l ~~u~r ~ me 'o ~:••ie deem f~t to carry o~ the (oan set~red hereby.
~ Mo~~ga~ee a~a~ ~,o~.. +~•,:e to •:.•,e ~,r;•,1~ ..,~..~.y~~;. ,n n•.r,,q o} r~,.. .~,o;~~t d_e a„d pa~ab!e hereundar a~.d wch sun shaif thereu~on be due and
...+l~!e on the ~t.~e ciare c:f rh= ..f .,~.o~'~,~ ps~.. .•t a•~d e.c'. s..,c~.~ss~oe •••o.:~h the•-rah_•. ur-.hi mortgagoe sha!I not:ly mo~t?aqor oI a changt in s~ch
. ~~nt S~ch su~ns s~~+.l !,e a;~i ~cJ i~r mc~'yay~re }oha•d fhe ~,e~«.e~,; ot ~e.~i p~vpeny ta~es, ~naurance p~em.vms, a~~d mwtyage guaranty ~nsurance
~ ~~nlums-
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~ IN 1'lITNESS Y.'HERiOF, the sa~d MORiGAG!?R hrs hereu ~+o sN his h~~ d and s~•af the day and year firsf aforesaid.
~ S~ , Seued and d Sjve~ ~n the p esence of: _D~~~ o ~
r/ t~ ~l.t.aL/~ t~ 2 ' .~L- `-~~---~5l~'/
~ wi ness ' l tazo ld P. t• f agyarc?
~ 1~..~ I.CLI~~It - " ' • ~ Se~l)
r ~ - - - ~ ~ ~~.~_--~I)
~ ~vitness Catherine E. t~(agcZar~A~/
~ - - - - - ' I
~ ~
~ S~ATE OF ilAA1W1 ti6V% York ~
~ :.:~UNTY Of .7c1 1'~'e~f"~'~"'- ~
~ - - -
^ Narald P. 1?ta<, c ard
Be}we me perwnally a~Feared - - and
'~99~rd
~ ~'-~t}tE't1R~'-E, his wiie, to r.x well known a~d known to me ro be
3;i ~~,e ind%vidwls described in and who execured the fwcgo~ng ins~rument, and ecknow~edged befwe me th~t they e+ecuted ihe same for Ihe purFwses
eha.~in expressed. And the faid_ - Cs~~tl~'
Z : Rt; E . ~Uq~3 Z (3
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5 h!fe of the sald }{ar01C~ P. ~~dC~."~I(j upon • up~~afe Wivat~
c.am:nar;on by me raken sepa~ate and apart fro~+ her sa~d huaband. acknowledged ro a~+d before me that she executed sa~d insfr~menf }reeiy Md volvrt~
i ra~~ly u~d w~~hovt a~y comp~~s~on, conn~raint, apprehens~ ~njor fe of or f.om her uid husband. . '
WITNE55 my hand and offic~al seal this_ day of___ ~OVL(tlf~er______ ,iA~.,~'
5 _ L!_~ _
:ji p
/ ' ~ G/- ^ ~ ~J~ JF ,
C~ ~
^ j No ry Public ~ and for the Sute of: , r?t, t„~ . .
My Comm~ss~on •ap~res: = ~ ,1~~~ - . . • .
Rerum To: ~ ~
~ : J.: ; :
v F'u:t Federal Sa~~ngs 3 loan Aasoc~at,on RICHARD T. NEIL t r~
O! Fo~t P.•ce NOtdry Pu:; ~c. St.~to p' NHYV ~dIR ~~b? ;'t
= fo.t P~rr~e. f! _ :.dj P10 3~~ L ~ ?'370. ~ 4
- Quailfied in N~,ss~u Gouniy .
_ ~r••
~ ~ommis on Expires Merch 30, 1~7,~ 0 7/ V 4~e ,
o RccoR 3• 3d- 7 3
This Instrument Prepared By R ichatd K. q?~~ ~D~NTY _
= First Federal Savings & loan Association :T.~v~.
IIOGEa P01T~~s C
_ of Fort Pierce~ Florida ~~E~K ~~RCU~T dQ~T .
= RECORfl `1~RI/IE0
Checked By - - ~y 23 IZ y~ ~ BOOK ~e7~ PAGE ~~t
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229~ ~
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