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To place and continuously ?eep on thc bui'dingi now or herrafter •~t~afe on sad ~and and on ~~I cq~~pment snd penana~~y covered by th~ti mp
sge, w~th ~11 prem~ums ~he~ca~ pad ~n fu:t, fnc insurance ~n ~he uswi stand~~d policy form, i~ • w:n approvtd by ~he A10R:vAGEE, and w~~dsto
~n~ur~nce in ~he u?.+at sra~dard po~~cy fam, in a sum approved by ~he MORTW?GEE, in such company or co~npan~es ss the MORTGAGEE m ;
d~~a:~; ~nd ~II fire and w~nds~orm insurance po~~ues on sny of a~~d buiid~nyi, ~ny intere~f there~n or pan ehe~eof, in the agg~egs~e sum aio.eia~d
in excess ~hereef, s~ali con~ain ~he usual s~anda~d mo:~gaflee ciause w such othe+ clause +s the Ma~psgee may reqwre, m~king rhe iou unda sa~d po ~
oes, each and every, pa~ab!e ~o sud MORTvAGEE as its ~mrrest may ~ppear, and each and eve~y tucA po~~cy shatl be promp~ly ass g~td and de:~~ered ~ ~
eny held by u~d MORTGAGEE as funhe~ sacurity to uid mor~yage debt, and, not Ieu than ten 110) days in advance of the expiranon of each poi~cy, ~o d.
I,ver to ~aid MORTGAGEE • renewal thereof, togNher with • ~cce~pt for the premium of su:h renearal; and ~here st~aU be no f.re or w~~~dito+m inaura~c
plxed on +ny of ~a~d bu~ld~ngs, any interest there~n a pa~r thercof, un"ess ~n ~he iorm ~.d ~!h ~F+e ~os~ pavable aa a4o:esa~d; ar~d the even~ any w~
of iner~ey becornes payable under such policy o+ po~~ues w~d MORTGAGEf shall have the opt~on ro .ccei.c end apply tne san,e on accou~~ oi the indabted
neas secu.ed hereby w to perm~t sa~d MORTGAGORS to receive and uu it a any par~ thercot 1or omrr pur~~esrs. ~+~•~~~~~-~t eh_•+,;,: wz~v~ y o~ ~~~~,-k.~~
ing any equity, lien or nght ~nckr or by virt~e of thia mo:!page; and in t}x event u~d MORTGAGORS shell fw any reason fail to keep the aaid prtmisrs so
~nsured, o~ fail to drlive~ p~ompily anY of sad pol~ciea ot insura~te to u~d MORiGAGEE, or iai! promptly to pay f~;ly any pre~n~~m therefw or in anY
reapetl fail fo pe~form, d~scha~ge, execute, etfect, comp~eTe, tomply wi~h and sb~de by this cove~am, or •ny part luz~eof, said MC'RIJMGEE may pisce a~x!
pay ip such inauronce or ~ny part thereof withou~ waiving cv affectin9 any option, lien, cqu~~y, or ngh~ undn or by vutuc of ~his Mortgage. •nd fhe
i~il •movnt of exh and every s~ch paymero sha? be immed~ately due and payable snd shall bs~r iroerest from ~he dete thercwf until pa~d at thc rate oi
~~.,e per ceroum per snnuT and to~etner rvith such imerest sha~i be srcu~ed by the Geo of this mortpege.
4. To permit, commit a iuf(cr no waste, impairrtxnt or deterioration of said property w any pan thereof.
5. To psy all and singular the costs, charges and expenses, inclvdmg a rcasonable attor~ey's fee and costs of abstracts of titte, incurr~d or paid a~
any time by said MORTGAG:E, ~xcause or in the event of the fa!lure on the part of the seid MORTGpGOR to duly, pranptly and 4ul~y perform, d~uhnrge
execute, effect, complete, comply wrth and ab.de by each and every the atipu~a~~ons, agreements, cond'uwns, snd covenann o~ sa~d prom~ssory note a~d th~s '
mortgage any o~ enher, and u~d cos*s, thargd and e:penses, each and every, sMll be immrdiatefy due and payab~e; whether w not tAere be not~ce dr
r.~and, attempt to callect or suit perxl~ng; and the ful! arnou~t of each snd every such payment shall bcar interes~ from the date thereol ~ntil pa~d at the
-.~re o~ n~;K per crntum per annum; anC alt said cos+s. cnarges and ex~enses incurred w pald, togethe~ w~th tuch intercst, ?hall be secured by ihe I~en of this
mortpagl.
6. That (a) in 1he event of any brcach of this Nortgage or default on fhe part o~ thc MORiGAGOR, w ib) in the event sny of sa;d suma of money
herein referrcd to be not promprly and fully pa~d wiih~n ih~.ty (30) days next a4ter fhe sa~ne severa,:y become due and payab'e, w~thout demand a notice,
or (c) in the event each and every tix s!iputations, agreements, eond~r~ons a~d covenann of sa~d promissory note and th~s mo~tgege a~y w ei~her sre oo~
~~ly, promptiy and fully perfo~med, d~uharged, execured, eftected, compkted, canp~~ed w~th and sb~dcd Sy, the~ e~ e~ther or any such event the sa.d ag
~~egate sum ment~onet~ in sa~d prOmissory note then ~emairnng unpaid, with interest acci:+ed, and a~t mo~eys setured heteby, sha11 bttome ~ue and pay-
c~:e forthw~th, or thereafter, at the opr~o~ of taid MORTGAGEE, as f~lly and comp:etel as ii all of the said s~ma oi money we~e o~y~nally st~pu;ated
to be pa~d on such day, anything in sa.d prem~asory ~otc or in this Mortgage to the conr~y notw~thstand~ng; and thereupon o? thereafier at the optio~ of
sa.d MUKTI~Ati[~, wiinout ~Ot~ce or ciemarxi, wi1 at iaw or in eq~~iy, ihr:ei~,rc w ti~~eaft'rr L::yun, r:y ~ prast:ut:d as if a!! ^:a:te;a s°:vre~! !v`•eby
r,;d maturtd pnor fo ds institvt~on.
7. That in the event that st the beginn~ng of o? et any time pcnd~ng any su~t upon this Mongsge, or 1o ioreclose it, d to reform it, or to enforce
;~ayment of any cla~ms hereunaer, said MORTGAGEE :hall apply ro the Cou~t having t~r~sd:ction thereof for she appo~ntmem of e iteceiver, such Court shail
rc~•rhwith sppo~m a receiver oi sa~d mortgaged property ali and singular, includ:ng ail and s~ngviar the income, profiu, iuues and reven~ea from whatever
s~urce derived. each and every of wh~ch, n beiny express[y undentood, ~s hereby mortgaged as if spec~~~cally set forth and described :n the gronimg a~d
h~:~endum clauses hereof, a~d such Receiver shall have ati the broad and effea~ve funcs.ons and powcrs in anyw~se entruste~ by a Court to a Receiver, and
s,ch appointment shal~ be made by s~ch Court as an admirted equity and a~*~atter of abso+ure right to said MORTGAGEE, and without reference to the
rdequacy w inadequacy of the vslue of the property mwtgaged or to the so~vency or ~nso~ve~cy oi said MORTGAGOR or the defendants, and that such
~_~,n. profin, inco~ne, issues a~+d revenues shal{ be appi~ed Dy such Recewer accord~ng to the iien or eq~ity of said MORivAGEE and thr practice of such
Cour1.
8. To duty, promptfy and iui~y pertorm, d~scnarge, exccuu, effect, compiefe, tampiy w~th arxi ab~de by each a+~d svery tht stiN;;iatG.,:.s, dyrEG-2fi25.
:~~ditions and covenanta m sa~d promissory note and th~s morfgage set forth.
9. That in the event the ovvnerihip of the mortgaged prem~ses, or any part tnereo4, becomes vested i~ s person other than the MORiGACaOR, the
h'~RTGAGEE, its wccesson s~d ass~gns, may, wi~hout not~ce to rhe MORTGA08, deal with such wccessw a successor in interest with reference to this ~
~ o•~gage and the deb~ hereby secured in the same manner as w~th 1Aor~gagor without in any way vit~atirg a d~XhdrgirK~ the Mortgagors' liabiliry herr
~,-.der p upon the debt hereby secu~ed. No saie o( the prem~ses hereby mortgaged a~d no forbearance on the part of the MORTGAGEE or its suttessors .
o- ass~gns and no exte~sion ot the t~me for the psyment of the debt hereby secured given by the MORSGAGEE or its successors w au~gns, ahall operate
~o re~ease, d:scharge, modlfy change or affect the orig~nal GabJ~ty of the M.ORTGAGOR Fxrein, either in whok or in part.
10. It is spec+fically agreed that t~me is o~ tht essence of this contract and thst na waiver of any obligatio~ hereurrder or of the obligation sr
n~red hereby shali at any time tnerrafier be heid to be a wawer of the terms heraof or of ti~e instrument aecured herby.
11. In aod,ro~ ta +F~e forege ng month'y payments of princ pai and inrerest requ~red by the prom ssory no!e secured hereby, mo~tgagor covenants
^ agrees to pay to mo-tgagee v~.th each mon~h~y pay~~iem an add~:~onai sum es!:ma~ed hy mortgagee to be equai to 1; 12 of the annua! cost oi the foiiow-
s
€ A-All reat property taxrs levie~ or asstssed agai•~st thc above desri.4,ed rral estate.
B-P!@tl:~:lRiS on fire and windsto:m ~nsurance as here~n requ;red to be carried on the imrroveme~ts s~fuate on the above desc~ibed premises.
C-Prem~ums o~ s~ch mortg3ge guaranty ir.svtance as mo•~gagee shall from s rrie to time deem fit to carry on the loan secured he~eby. ~
S lhortgagee shal! from time to time nocify mortyagor ~n wnting of the amoo~t du> and payable hereunder snd such sum shal! ihereupon be due and
~ :~,able on tI1C CIJE oate of the ~ext month:y payment and each iuccess~ve mo~th thereafter uMil mortgagee shall noKfy mortgagor of a change in such
~-,o:,nr. $uch sums sha11 tx aapi~ed by mor~gagee toward tne payment of ~eai procerty taxes, insurance prem.ums, and mortgage guaranty insurance
; ; ~emiums.
~ IN WITNESS +A'HEREOf, the sa:d MORTGAGOP. has hereunto xt his hand and seai the day and ydar first afweuid. ~
~ i •
~ ~Siyned. Sealed and ivssed in the p+ese~ce of: . /
~ • ~ _ ? ~ ~-cY an
~ Arlan Vickers~
- ~ ~ ~i~
~ " ~ (Sesh
_ I.inda 2~1cLain Vickers cs~•n
4
S;ATE Of FIORIDA t
~ ~~UNTY Of ~~h , ~
~ ~
Before me perso~ally sppeared Ra~ Arlan Viekers and
~
~ ~~8 HC~~II Viekers his wiie, to me well known and known to me to be
~ t~r ind~viduals dexribed in and who executed the foregang instrument, and acknow{ ed before me that they e:ec~sed the same fw. the purposes
k~ I.inda HcI.ain~ickers
~ therein exp~essed. And tfie said
~;fe of the said ~8y Ar18n QiC~TB upon a separate and priwte
~ examinat~on by me taken separate and apart from her said husband, ~cknowledged to and before me that she executed said instrument freely and volun-
~ ~ar~ly and w~~hovt sny com~ulswn, cons~.aint, apprehension, or fear of or from her said husband.
Janu
= WITNE55 my hand and offiual seal this day of a~ A. D. 19~
_ - ~ ~
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- ofnry Pubtic in snd fw the State of Fbrida at Larye
My Comm~saion expires:
Return To:
z First Federsl Savings b loan Associat~on NOTA/1 wkk,
MY COMMISSIpN EX RES ApR ~1
- Of Fort P,erce 24 ~
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' Fort P~erce. Fionda T11~~ •R ~i~t~c j
. Fi~EC n~~ ~~c~~:of0 " ~:.~~;~~`:J~, t
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ST. IUGi[ GOUMTY FLA. ~ .
: RG~Er faiSRqS ~
This Instrument Prepared By d. D. Ch88fi.8~~ IERR :.~ti COURT~
QR' r v ~~~...~~L. j
First Federal Savings 8 Loan Assaciation " ; ~ ' ~ ~ :
of Fort Pierce~ FZOTida ~ ig ~ lk ~ ~12 ~ ' . 't
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.3 Checked By~- 1~~~.7i~~9 ~ ' •~'`~,~'~'`r ;
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