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3. To piace and continuouily keep on the bu;'dings new or firrriher shvate on sa~d ~and and on a!1 equipment and personally cover~ by this mo~ ~
e9e, with 811 p~@miums thtrean pa.d in (ull, fire 'er.s~iante m~ne us~sl uendj,d po!~cy form, in a sum aFproved by the MvRiGAGEE, and w~ndsto
~nsvrance in the uwal s~andard poLcy form, in a s~m approvad by the MORSGAGEE, in such company or companie~ as ~he 1.SORTGAGEE m
d~rech and aU (ire and winditorm ins~+ante pol~ues on any of sa~d bvi'd~ngs, any intereit the~e7n ~r par? ~hereol, in Ihe aggregaie tum afo~esa~d
in eacess tl~rcof, shall ca+tain the usual sta~~dard mwrgagae c:a~ie or such o~her cla~se as ehe Mongagee may reyu~re, mak~~g ~he ~oas uader se~d po t
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ues, eac and eve*y, payab~e ro said MORTGAGEE as ~i~ imrrr~t may appear, end each and every such poi~cy shatl ba prompuy ass gned and de:~varrd ~
any held by said MOR(GAGEE as fwtha~ setu~ity ro sa;d mo~~gage d~•bt, and, not less than ten (10) days in advance oi the eap~rat~on ol e~ch ~ot~cy, to d~
~~~e~ t0 Said MORIGAGEE a renewal thereof, loge~ber with a rete~pt for the prem~um o( sut6 renewal; and there shall ba no fire o~ windsto~~n insurarx
plated w+ any of said build~ngs, any imerest there~n or parr thereaf, un'ess ~n rhe form arfd wrth ~he loss payable as afwesaid; and in the e~eM any sun
of money b~comes payab~e vnde~ such policy a poGcias said MORiGAGEE ahalt have rF~ op~~on ro reca~ve and apNly the wTne on accavn~ of the indeb~rd
~ess secured hereby o~ fo Rermit aaid MORTGAGOR$ to receive and use it or any part th?;eof for Oti~:•r pu~}~oaes, v.~~ho~t th~..oi Lvai„c.~~ or nr+p~er
~nq any equ~ty, lien w.~ghi undri w by v'urue of th~s morrgage; a~d i~ ehe event sa.d htOR1GAGORS shall to+ any reason iail to krep ~he se~d prem~ses so
msured, o~ fail to deliver prornpUy any of said poLc~es ot insurance to sa~d MORTGAGEE, or fa~! promprly fo pay ivlly any p:em..,m therefor w in anY
~espect fai~ to pcrform, d~scharge, execure, efiec~, tomplerr, co:nply wirh artd ab~de by fhis corena~:t, or any parf hereof, sa~d MGRiGAGEE may place a^tl
pay fp such insu~ance or any part thereof w~thout waiving o~ affeU~ng any optlon, {ien, cqu~ty, or right under w by virtue of this Mo~tga9e, and the
+ull amouM of each and evrry such paymem shalt be ~mmed~arely du~ and pa~able and shall bear interest irom the date ther~oF umi7 pa~d at the aate o!
n~ne per tenr~m per annwn and to~ethrr v.~th such inte~cat shah be sec~red by the lien of th~s mortgage.
1. To permit, commit or suffer no waste, impairment or deter:oration of said property or any part thereof.
5. To pay all and singular the costs, charges a~d cxpenses, includm~ a reasonabte anorney's fes and costs of abttracts of title, i~cvrred or paid at
eny time by sa~d MORTGAG:E, because or in the eveM of the fa:lure on ~he part of ~he sa~d MORTGAGOR ro du~y, prompNy and fully perform, d:acharge.
e~rcute, eflett, tanplete, comply wuh and a6.de by eath and every ~he st;F~~at~o~s, agreements, condit~ons, artd covenants of said pran~swry note and ~his
T•orrgage any o? e~ther, and sa:d costs, charges and expenses, each anc~ ~very, shail be immediaiely due and payable; whether w not the.e bt noT~ce dr
mand, attempt to to~lect or suir pend~~g; and the ful: arnounf of e3ch an~+ e~~rry such payment ihall 6ea. interes~ from the date thereaf umil peid at the
~_re o~ nine per centum prr annun; and all said costs, cnarges a~~d ~x~rr.s~s ~ncu~red or pa~d, toyether w~th such ~nterest, shall be secured by the I~en of th~i
morlp~ge.
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6. That (a) in the evem ot any breach of this AAo~tqaye or default on the part of the MOATGAGOR, or ;b) in the event any oF sa;d sums of money
herein referred to be no~ prwnptly and fiully paid w~th~n th,rty j3J) days next a~ter ~he sa~»e aeve~a'ty beco~ie due and payabte, wiThcut demand or nofice,
~r in the event each and every the st:pu~a~~o~s, agreemems. co«d~no~~s and covenanfs of sa d prornissory note and th,s mo~tgage any o~ e~~her are no!
iu;y, promprly snd fully ~rformed, d.scharged, e~ecuted, elfecred, canpleted. compi~ed wifh and ab~ded by, then in rther or any such evem ~he ss~d sg
3regate sum memioned in said promissory note then ~emaming unFa~d, wirh infere,t accrued, end a~l moneys secured hereby, shal( become due and pay~
ec e iorthwith, or thereafte!, at the apr~on o? sa~d MGRIGAGFE, as tutiy a+xf comp;ete:y as ii all of the sa~d wms o4 mpney were or~ginaUy shpula~ed
~u be pa:d on such day, anythiny in sa d prom~ssory nou or in th~s Vtortgayr ro the conrrary nc~w•;rhstand~ng; and thereupon or thereafter a~ the opi~on of
s+ d MORTGAGEE, vvithout not~ce or demand, swt a~ law or in equ~ty, thrrefore or sl:ereatrer begun, may be prosecuted as if a!! moneya secvred he~eby
^.,d matured pnor to ~ts inst~tuhon.
7. That in the event that at the beyinn~ng of or at any t~me pend~ng any su+t upon th:s Mortpaye, o~ to (orec;ose it, or to re~o~m it, or to en(orce
,ayment of any c!aims hereundrr, sa~d MORT~i.\G"cE shaii appiy to tne Couri nev~ag ~~:~sd.tt,on sher~;,,' te. :~x apYOm!ment ef a Qr_e:,rer, 3vcA Ccwrt shai!
+;;,ihN,irb appo~nt a r~eive+ of said morfgag proper~y all and a~ng~:ar, inctud ng a:l and vngu~ar the inwme, profrts, issues and re.enues from v„hat¢ver
s: urce drrived, each and every of wfi ch, h pe~ny eap~ess'y unde: sro..-tif ~s he~~by mongaged as ~4 speuf~cai~y ut forrh and deur~brd in the granhng and
f~oendum c~a~ses he~eof, and wch Rece~~er shasi have ail the b•:.od a~:a effec~~vc furcr c~ns and po.,ers in anyw~se emrusted by a Court to a Recrivu, and
s_ch appointment shall be made by such ~e:,rt as an ad~nrtrrd eGv:tr ar,d a ~nafter oi a~so,ure r~gM ro sa:d MORSGAGEE, and without reference to the
e,iequacy a inadequacy e( the value of the property mottgegrd or to ~ne so.~rncy or ,nso:~enc~ of sa~d MORiGAGOR o~ the detr~~donrs, and rhat such
~_~~+s, protits, inco.ne, issues and rever.ues shaH ~ app+~ed oy such Recr~~er accorci;~~g to the Gen or equ~ty of sa~d MORiGAGEE and ihe praciice of s~ch
Court.
8. To duty, promptly and f~tly pc•fo~~.+, d~s:harge, exec~te, ei'cit cornplete, mrnply w~fh and ab~de by each snd every the sripulations, agreements,
,ond~tions arxl covenann ~n sa~d promisso.y nore and ~h;s m~rtg~ge srr fo.rh.
9. That in the evenf the ow~ership of the mortgaged pre:-~;ses. or any part tnereof, becomes vest~ in a person other lhan Ihe MORTGAGOR, the
:'~RiGAGEE, ib successws a~d au~gns, may, w~~ho~t no~~ce t~~ rh~ •1~.JR'~apR, deat w~fh svch successw w successor in ~nterest with refere~ce to th~s
^ o ~gage and the debt hereby secur~d in the same ma~ner as v~~*n t1~r!33qJr w:rhouf ;n any way v;t;ating p d~scha~ging the l:~.irtgaguis' tiab~i~~y here-
:,~-der or uFwn the debt hereby s:-cured. No sa:e of the F~e~r,~ses ti•_~eb; •„o~rgayed and ~o forbearance on the ;.a~! ~s 4!~?oirnr.cc :;s successors
c~ ass~gns and no exte~s~on of the t,me for tFu pa~ment of N~e de~f h•.eby sec..red g~ven by the MORTGAvEE ar irs successws or ass:gns, s:~aN operate
fo rei¢ase, d~scharge, mod~fy ch_•±ge or a4fett tne ong~nal Lau.lny ot the M.QRTGAGpR herrin, e+ther in whole o~ in part.
10. It is spec~f;cally agreed thaf t~me is of :he esser.~e of ~F,~S ~o~~tracf and that no waiver of any ob!~ganon hereunder p~ of Ihe obligatan se-
:ured hereby shalt a? any time thereafter be heid to be a wa~ver of the terms hereof w of the Instrumem secu~ed herby.
f
il. In aod t:c~ !o the io~ego ng ~.u~th'y Fav~~_~n!s ei p,.: ~nd ~•~.s~ req~ :rd by the pro.r sscry nc'e s~c,.red herrby: mortyjqpr ~orenanty
+ d agrees ro pa~ to morrgagee ~n~rh each mer.~h y~..~r: e`r an ;c~: :~ai a.:n, rs• ~ ered bi ~,orrg3gee to tx equai to l, 12 of the annua~ c~st of the foltow-
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A-All ~eal propeny ta,es ~ev~ed o• d55?SS_O ag~; ~s~ t~~ at~~,e desc^~cd r,al es?ate
B- Fr.m~u~ns on }:re ar:d w,ndsrc:m ~ns::r~rce es nerc:~i ~~q, r_•d ro 'tk ca-~..-d c~ thr .n,rrovemc~ts s;tLate on the abovc dsscribed prem~ses.
C-Precr•~ums cn wch mort~3oe 9~a-a~ry ~rsura~:ce as mo~t~ayre sh,~Il ':c•~ t~ne ro t!•-~e deem fit to casry on the loan sec~red hereby.
Morryagee sha i~rom n.~:~ ro ~,:•~e nc~,i; mc:t,ego~ .n w-:r~• g cf rhe a•, c„•,~ d~e aed payabfe hereu~c~ar and such s.,rr sh~fl the~eu~o~ be due end
:+,abte on ihe due oa~e of ;he nexr ~,:untn ~~a~•,..,,t a•~d e.;ch s.ccess~:e ~o~'h r~,~r~•at~er u-.h mertga~ee sha!i ~or.fy mu:r~,aqar of a change in suth
o~nt. $~cA sv:rs 3~'3 ~ br ar~::,e;i by nwrt~jQ.,e ~awa•d thr ~:a.n,e~t et real prc~;e~ry taaes, ~nsura.~te prem.ums, a~~d r..:,.-;y:.ya 3„a:a;,iy ,,,;e:hc
~ ~ 'eTiums.
IN W}iNESS :VH£REOF. t~e sa~d MORTGAGCR has here~:~to set h~s hard and s~~a1 the day ind year firsf aloresaid.
~ Signed, SepJed an def' ered in the p~exnce of: y ~
? ~~J"[/~~/~, ~~Jp ~(D
~ ~-~`Y- ~ ~Jl~/VJ~A y /~'l ~Sla~~
~ ~ t ` t Robert Prosis~ Sr.
_ (Se.t)
, - ~ • ~ ~ ~~d i __tSeal)
4a r~ R uttt L. PzoSI s~ (5ea1)
S~ATE OF FLORIDA ~
~.:UfJTY Of Marathon
- - ~
Be~ae me personalty eppea•ed ,~Qt~'r PZ0415C. 5!.
' ~ u t h L._ PZO S 1 S i: his w~fe, to me well krwwn and known tc+ me to M
rhe fnd~v~duals desa~bzd in and vvho execu:ed the fore9oing instrument, and ac4now{cdged before rrk that they e~ecutcd the same for the purpous
~herein e:pressed. And the sa~d_`____,.___ `::ut~_~_`ProSlSt;
fe of ~h~ ~a~d ~?ObtT t~ PL03 ~ S~ , S t, ~ , u~ a sepa.~te and privu~
e.emmsr~on by me ta?ert tepa,are and apart from her sa:d husband, ac4now:cdged to and befwe me that she executed seid i~tr.,ment free'ry and vaun-
~a~~ty and w:tho~t ~ny cpmpu:s~on, constraint, •pprahMS.on, Dr fea. of or }ro.n her sa;d husband.
WITNESS my hand and off~~ie! uel th~s Lf _ day ef__.___~ V::mLc;r A. D. 1971 .
. ~
- C T--~
Notary Pub~ic ' a~+d fo~ the SNte ot Flw~d~ at lirq~
Rewm To~ My Comm,s: exp;ies:
Firs? Federal Savings 3 toan Ass«~at:on PJj11C„ ST,ATT r'o,~! r•vE
YT COM'~{t$SION I974
Ot ~o+r V . •ce BO~iCc , ~ ' '_it. 8.
~ L.L..:LiY...r'J'~
Fort P~ercr. Ficr.de • _
F11E0 AMO f1EC~r R~E~ ; . .
it.lUCiE COUMT~ U• ~ ~
ROCER PO?TRA' ~ , • ~ r
This Instrumen! Prepared By , K C?aCU1? C81~ ~'uyl lY p0
:'ict~arc. K. ~~yER'i{EO..~+'~ : ~ ~ G '
First Federal Savin s 8 loan Association
of Fort Pierce , Flo: id~ t = :7~~v'l ~
Mlor Z3 12 ka fM Z ~ ;`y ~ ~ ' .
Checked By ~ _ - ' - ~ ~1 .
s °C;: d.. ,G;~
W ,
t
„ ~ ° ~~~t1~0 ~fi
603M f~1°,r • "
U ~ ~ V ~ . 1 r 1~.41 2~ ~ ~ . f -
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~~~~~I/VV ~~r. :.A1 . •
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