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3. To p'ace and cont~nuousiy keep on the Lu~'.~~ngs nc.,rv w hc~~•.~'ter altu.+te on e.; d'and and on al; cq~ipnient aed personilly co+n~ed bY ~his mo~
ege. w~th afl pre~niu:ns tl~e~eun pa.d ~n fu'~I, f~re ~r.s.,;e-.cc ~n tir; :,s_:.~' sr„_i.~~~f ~.~o,Cy tOrm, in a S~"~~ aHpro~ed by Ihe MUR~v~vtE. a~,d rr~:~Jsto
~nsurance in the usua) s~anda~d po! cy fo~+n, in a wm a;:p~o.rJ t.y ~1~a AIJRTGAGEE, in such co~~~pany or co~npan:es as the ASOitiGAvEE m
d~rect; and all tire a~,d w~nds~orm ~~lf.~!dl:~2 ~:o:~c~es on ;~iy ol s.+~d bv~'d•~iys, any inte~air tha~ein or part thrreol, in the ac~g:eya~e s~m aie~esa~d
in extesa thereof, s1~all :on~ain the usw! sta~•:d~~d ~no~rg ~gre c.ause or s.r_h other c:ausr as the Mortgayee may requ~+e, maMing :he ~oss undar se~d po
c~rs, each and every, pav~5?e ~o sa~d ~\1JRTliAI:EE as ~ts ~nt~~r;st may app~~ar, and each and every suth po ~cy sha~l be promp~ty ass g~~r~! a~~d da~~..r~cd :
eny held by sa~d MORTGAGEE as furthar src~nty to sa~d n•urtya3e d_i,~, a~:d, not !rss ~h,:n ten ~103 da~s in advar.ce o4 tFa exp~r,t~on or e~ch porCy, ~o d.
I,ve~ to sa~d h10RiGAGEE a renewal ih~~,:of, toge~hrr wi~h a r~~c,:~~t tor fhc pr~~ni~m of wch renr+yal; and ~hero shal~ br no f~re o~ ~.~~:ss~o~~n i~~wrenc
pteced on any of sa:d t~~'J~~~ys, any interest ther~:n or F:ai~ th~•r,.-of, ~,'~ss ~n the fonn and w~~h the ~oss payot;le as afcresa~d; and ir. t:ie ~ye~U any sun
of money becomes payabte vnde~ wch policy w pol~ucs s~~d A10kTG.~vEE ih.~U have ihe opr~on to recr~ve and app y die sa~ne on acco~:~~ of the ind~otcd
ness srwreo hereny or ~o perrn~t a.~~d MORTGAGORS io ret~-~~e a~,d ~se it or a~f r,.;•t ~h.,:~~uf for o:n. r u~r; ~sas. .•,;~i:;~t in....,. „r ~~~:,,..~r
[n~ any equ~ty, I~cn or riyht ~nder or by vutue Of this mcrcy3y~; a:~d ~n the evrnt sa d MOB7GAGORS shall for any reason (ail to k~~-rp the sa~d prem~s~a so
nwied, o~ fail To de~~ve~ p~ornptly any of said poi:eies of ~,sura~~ce to s+ d 1.10RTGAGtE, or f~~: pron~ptly to pay fu!:y any prr:~~~.+~n tncr~tor or in a:~y
respect lait to perform, d:sch;rge, ea~~cute, effe:t, con~p!rta, co~:F:iy N~th and a~~de hy th.s cuve~»:~t. or any part ha~eol, sa:d MGRTvAGEE ~nay p~ace a•d
F:ar for such insu~ance or any part thereof w,thout w~aiv~ng or ait~u~~~g any o;,+~on, lien, equ.ty, or r~~hi ~nder or hy virfue of th~s hlortyage, and thc
f~,!1 a~no~nt of each and e.ery such paymem snail 6~ ~m:ncd~atrly d,,e a„d pa,ab.e a:~d shatl bear interest from ~ha date thereof uniii p,.~d at the ra~e oi
~~~~.e prr cenwm per annu:n and to~rth,•r a~!h sucli ~ntr:•_sr sha~~ s~c~r. J L} the lier, 01 this mortgagc.
d. To pennit, commif or suifer no waite, impairment or Jrtrr~o~at~on of sa~d prope~ty or any part thereof.
5. To pay all and singular the costs, charges ard e.F:en:rs, ~nclud~ng a rrasonabte anorney's fee and cests of absnacts of t~tle, inwrrzd or paid at
,~y ti,r.e by sa~d MORiGAGEE, beca~se or ~he evem of tl~e fa :u~e on ~hr part ot the said MORiGAGOR to duly, p~o:npNy and fu~ly parfor~n, d~scnarge
-.ewte, effect, comptere, comply wah and ab.Je oy each a~:d rve.y ~i~e sf~F~~at,ons, agr.r.a~nenta, conJ~~~o,~s, and covena~vs of Sa~d pio+nisa0/y note ar.d ih~s
~~o+~gage any or enher, and sa.d cosrs, cnarges a~~d expenses, each ~nd r~er~, shail be im~:ird~arety due and payab.e; whether or not fhare br nu~~ce dP ;
-~.,~d, attrmpt to co~leU or suit pend~ng; and the fu1! amovnt of each a~.d e~~rr•; svch pay~,ent ahall bear inr~res~ ircm the date thereof unril pa~d a~ the t
. o~ nute per crnt,:m F:~r annu~~; ~nd aii ssid costs, ci,a:ges ar.d i. ~ens_s ~ncurred or pa~d, toyether ~vdh such interest, sha:l be Setuied by Ihe 6en of This
~nortgage.
6. That (a) in the event of any breach of th~s M1Aortgage cr derouit on fhe part of the MORTGAGOR, or ;b) in the eve~t any of sa:d sums of money 4
i~~~rein ~eferrcd to bc not prornpt(y and fully paid ~n~rn~n th.rty i3u` da~s nert a't•_r the sa•~~e se.era'iy beco~ne due and payable, without demer,d or nohce. ~
~r ~cl in the evem eac4~ and every the stipvlat~ons, agreemeMS, cend~:~o•~s and covenanis of sa.d p~omissory note and th~s mortgage any or either are no1 #
i.,':y, prompHy and f~Iiy pe~forrned, d.scharged, rxecvted, efte:~ed, compReted, compiied wnh and ab~ded 5y, then in e,ther o~ any wch event tne sa~d ag~
~-_.ate sum ment~oned in sa~d rom~ssor note then rema~nm ~n,a~d, w~rr, ~nrrrrst accrued, and a:I monz s secured hereb sha~l lxcome d~e and a ~
3 P Y 9 t 1 Y. P Y-
e~ e forfhw~th, or therea(fer, at the opnen ot sa~d h10RTGAvEE, as fu~ty enci comp!e+ety as ~f aIl of fhe sa~d sums of money were ong~na~ly st:p~tated
to be pa.d on such d~y, anyth~n9 in sa d p~e~n,SSwy note or in this l.lorr3aaa to the contrary not,+vithstand.ng: and thereupon or thrreafter at the op'.on of
s~ y MORTvAGEE, v.•~thout not~ce or den,and, s~it at la~v or in equ~ty, Tn~reiore or thereafter begun, may be prosetuted as if all moneys securcd hereby
r._d matured pr~or to ns inst~tution.
7. That in the event that at the bey~nn:~.g of or at any t~me pend~~~g any su~t upon this N.ortqage, or to forectose it, oi fo reform it, o~ to enforce ~
;~:me~t of any daims he~e~nder, sa~d ~~?ORTGAGEE sha!! apply to fhc Co;,rt haw~~g iurnd.cf.on the~eof 'o~ the appcmtment of a Reteiver, svch Court shail
r;,~rhwirh appolnt a receiver of sa~d mortgeg~~d prope.ty aIl and s~~~g~:ar, ~nc:~d ng a;; a~~d S:ng~iar the income, profrts, issues ano rever.urs ~~w~~ w~~~~e.t~
sr~•~e derived. each a~d every of v~h:ch, h be~ng rxpress:~• ur~d•_:siccd. ~s he._e~? n,errg:~~•d as spec:fical:y set forth and descnbed in the g~ann~~g and ~
::-~~nd~m dauses hereof, and wch Receiver shaii h~ve ai~ ihe b~oad a~~ci rirec+~re fu^cr ons a~,d pov:ers in anyw~se entrusted by a Cou~t to a Recei~er, a:~d
s. _h appointment shaH be made by such Co;,+t as an ad ~~ittrd rqu~t~ a~~d a.- atter of absoi„te r~gM to said MORTGAGEE, and wi~hcut refcrente to Ihe
,:cquocy or inadequaty of the vatue ot rhe properry mongageti or to th_• so.ver.cy or ~~,;o:rency ol sa~d h10RiGAGOR or the defendants, anJ th~t such
•-~s, profits, incane, issues and revenues shau be app~~ed by such Rec,~~er accord~i:g to the l~en or eq~ity of said MORTGAGEE ard the practrce of such
Court.
8. To duty, prompt:y and fully ce~form, dlscha~ge, execure, efle:t, comp?ere, compty with and abide by each and every the stipuiatior.s, agreements, j
:~cditions and covenann m sa~d promissory ncse and th s m.;rtga~e s_~t forth. ~
9. That in the event the owrterSFiip of the mortgaged pre~~:+szs, or a~~y part thc~eof, b<comes vested in a person other than the I'dORTGAGOR, the ~
:"?RTGAGEE, ifs s:,ccessors ar,d ass~g~s, may, v.~rhour nor;;e ro ~he .'.ORiv~OR, deal ~v~ih wch svccessor or successor ~n ~nreresf w~th ~efErence to th~s
~•~gage a~d the deb~ hereby secured en the same manner as with !.t;;~rgegoi w~thout in any way vit:ating or dacharging the Rlertg;gori liabiiity her~
de~ cr upon the debt hereby sewred. No sa e cf the F~en•:ses 1~;reb~ n~o~tgaged a~:d no forbearance on ~he part oi fhe f:O~:G'.vEE or its successors
er ass~gns and no extension of the tin,e fo+ the paymem c4 the debr f,~reby secwed given by the 1J10RTGAGEE or its successors or ass:gns, ahall operate
!o release, dscharge, mod~fy char.ge or a(feU the or,~,nol I~~~:!:ry of the ~:•CRTGAGOR herein, either in whole or in part.
10. It is spec:ffcaliy ag.eed that t~me is of the esse~~ce of th~s contract and that no waiver of any obllg;non hereunder or of the obligation se-
c::red hereby sha{i at any time ~hereaf~er be he;d to be a wa~~er of the terms hereof or of the instrument secwed herby.
r ~
11. ~n add.t;o:~ ro ihe forego ng montii'y pay~, ~nrs ot p: ~:x paf and inrerest req~~red by the prom ssory no~e sec~red hereb~, morr~agor covenants
,:i ag.~es to ~ay ro n•,xtgagee v~~~h each n,onrh!y F,ay;..e:~t an a:id.~~o~~al sum esc~n.aced by ~nortgagee to be equai ro 1, 12 of th~ annual cost of the foliow-
i 3.
~ A-All real property taxas le•~~_~ or assesc_;i sg,~ st eF~c ah~:e d_sc~;~~_d r_a1 es'afe. ~
? B--Prcr.,~ums on f~re and w~ndsr~-~n ~nsv~a~ ce as i~e~~~n r.~G~ red tc• ca•r~• d cr~ the lm;;rovemen+s s~tuate on the above d^svibed premises.
s ~
C-Prem~~:ns on such mortg,ge guar3:ety ~nw~a~ ;e as mo-r.3agee si,a !'rc n t rne to t~me derm fit to earry vn the ~oan seiured hereby.
i
j Mortgagee sha l frcm r,~ne to t~:re nof~f; mcrtyagc- ;n ti~:s:r.g ef the a~: o.;~t d~-~ and pa~able hereundrr and such S:Jfli sha!I thereupon be due and
.~,ab!e on tha d~e dare of ihe next n,o.,th.; pay:*-:e:~r a~:d r.:ch s.:;c_ss~~e o•~.~h rhereafs~r ~::ri: mertgagee sha!I not~fy moryagor of a change in such
~unt. Such sums sFa.i be app';ed by mortgagee ~owa~d the pa,~r:e~~t of r_~.3i property raxes, insura~ice p!em;ums, a~~d mortgage guaranty ~nwrance
.~•e~nium5.
IN Y~IiNESS ::NERiOF, the said NIORTGAGCR has he~eunto set his hard and scal rhe day and year first aforesaid.
Signed, Seaied and delive~ed in he presence of: ,
2 (Seal)
_ _ L1oAe1 Jo2U1 {Seal)
~ T (Seal)
° \ - - - @ .~OZII'18
~ (Seal)
} ~ -
::`y S i F+TE F FLORIDA
w ~
St . Iucie
~ ~OU Of 1
'i: Befwe me personally zP~a~ea _ Lionel Johnson a~
- I~ary Lee Johnson his wife, to me well known ~nd krawn to. rtb to b~
~
_ !he ind~viduals described in and who executed :he forego~ng instrument, and acknow~edged before me that they exetuted th~ s~,r~~ ~}y .~ptea ~
- rherein expressed. And the said _ ~e lohnson ~'~r~; ~v ~s +l•, ~
Lionel Johnson = ~ ~ ' ~ _
- r
r::fe of the sa~d - ~,s~ s ~irar~=- ,
c.am~nat~on by me taken separete and apart from her sa~d husband, acknowledged to and before me that she eaecuted sa~! i fr~lY ~~MC s
~ ra•~Iy and without any compufsion, constraint, apprehens;on, of~fear of or from her said husband. ~ ~ ~ f~ '
t
WITNESS my hand and offiual seal this_ _ day of_ NOOe • 0 A. I~l~~. ;
. ~ ' a
- - - ~ J~:'~~ ; r ~
Not ry Publit in and for he State ~~~~d' TA~e~o'~ \ ;
W1y Commission expires: ~ ~j j ~~c~• ;
Retum To: Q"~`~/ ~~k~~ ~ J ' ;
F? FirsT Fede~af Savings 3 Loan Associatlon aECOaoE~ + ~ ~ ~
ot :o.~ P~~~_• FILEO AhC` • • ys ~
St. WCIE COUNTf FL • r ~ ~
_ Fo~+ P~e~ce, Ficr~d3 ROGEa P~?1RA5
CIERR C1kC Rt ,1/S~- ~
`jj RECaRD YEFctf1~0 ~ c ,
`u t
+ ' t ~
This Instrument Prepared By J. D. ChaSL8it1 N0Y ~s 1~ 3d pn
;,~2 First Federal Savings 8 Loan Association
_ of Fort Pierce ~ Florida 219495
- Chzcked BY
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