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1o place ?nd continvous~y keep on the bu~'d~ngs now or he~eafrer ~rtuate on sa~d !and and on alt eq~~p~nent a~d penonally cc.errd b~ ih;s mo~
ag~, w~~h •II prem~~mi ~hercon pad in fuil, firo in~~rance ~n ~he ~fua~ siandord po' c~ fo~m, in a s~m aHprcved by ihr MUR~~%~:iEE, e:~d h~•~:is+o
inwrance in the ~sual f~andard po:•q lorm, in a sum ap~rovrd by ehe MORTGAGEE, in such car~pa~y or cornp-an.es es ~he rd02I~;:.~EE m
d~rech and al1 lire and w~ndaro.m insurance pol~c;es on a~y of •a~d bu~ d,nys, any interes~ therein or part the.eof, in the a99regaTe s~rt~ at.:resa~d ~
in excess the~eo(, th~ll contain the usual etanda~d mortgagee ciause o~ such o~he~ c~auae as the Mortyagae may ~equ~re, ma\ing ~hr ~ose undrr s~,J po
c~es, each and eve~y, payab~e to sa~d MORTGAGEE as ~ts in~eres~ may appear, a~d each ar.d every tuch po:~cy shall be prompt~y au g~~cd a~~d dr.~.~rrd
eny held by se~d MORIGAGfE as furthe? sec~~ity ~o said mongage drDt, and, no1 iess t!~an ten (!O) days in ad.ance of tl,e eapuat~on oP each po:,cr, to d.
l~ver ro said MORTGAGEE a renewal thereof, togerhrr with a rece~pt for the prem~um of such renewa~; and ~here st,all be ~w f.re o~ w•~~asrc~:n r::uronc
pleced on any of sa~d b~i!dings. any intere~t therom w pait thereoF, un!ess ~n ~he form a+~d wnh ~he to:s pa~abie as afo~esa~d; and the e-ent any sun
of money becomes payable undrr such po!ity or pol~cies said MORiGAGEE s1.a11 haue the op~•on to rece~ve and app:y the sa:ne on acco~ni of ~he lndec~~•d
ness aec~red hereby a to permit sa~d MORTGAGORS to rece+ve and use +t o~ any pr.r~ ~h•:reof ~o~ o~h•~ p~r,_~srs w.rho;t rh~•.•=: •+-••~'3 ~^'p~~"
ing any equ~ty, fe~ w right under or by virtue of Ihis mo:rgage; and in ~he evene sa.d MORiGAGORS sha!I Eor any re~son iail to krep ~he sa~d prrm~s~a so
~n~v~zd, o~ fail to de~~ver p~anptly any of aaid poLcies of insu~ance ~o sa;d MOR7GAGEE, or fa~l p:on,pity ro pay fu~ly any pre~~~•..m th~rator o. ~n a~y
+espect iail lo ptrform, d~scha~ge, execute, effe!t, comp~ett, cocnply wirh and ab~de by th~s ccvtnant, or any par~ hrreof, sa~d MtiRT;,AGEE may p,ace a~a
pay for such inaurance or any part thz~eof w~thout w~iving w affecting any opnon, iien, equ~ty, or ~~ght under or by v~rtue of th~s tilorrgage. and ~hc
f„Il amoum of each and every such payment shal~ be immediarely d~e and payable and sha~l brar interest from the date thereof un~~l p.,~d at the rafe ot
n~ne per centum per annum and to~ether w~fh such interesf shan be srcvred by the lien of th~~ mortgage.
1. To permit, commit ot suffer no waste, impairrt~ent ot deter~orat~on o( said property or any part thereof.
5. To pay all and s~ngula~ the costs, charges and expe~~aes, in,luding a reasonabie atto.ney's fee and custs of abstracts oi tiNe, incw~ed or aaid at
jny time by said MORTGAG'E, because or in ~he e~eni of the fa~lure on the pan of the said MORTGAGOR to duly, prompsly and f~tly pe~form, d~scna.ge
e,cewte, eifect, complete, compty w~th and ab.de by each and every the sr~p~Iar,ons, aqree+nems, cond~uo~s, and covenanrs of sa+d pro~~;issory note ard th~s
r:orrgage any or e~ther, and sa:d coaes, charges and expenses, each and every, shail be immrd~etely due and payab:e; whr~her or not ~here be not~ce dr
c,and, attempt to collecr or suit pend~ng; and the full a~noum of each and every such oayment shall bea. interes? from the dare thereot vnril pa~d at ri•,e
r.,re of n~ne per cenr~m per annu:n; and all said costs, charges and eaaenses ~ncurred w pa~d, together wnh such imerest, shall be secured by the Gen oi thu
mOt~9M)R.
6. That (a) in the event of any b~each of this Mortgage or default on the part of the MORTGAGOR, or ;b) in the event any of aa:d ~ums of money
herein ~efened to be not prompt{y and fully pa)d with~n thuty (30) days next atter ihe san.e severa:ty ~eco~~e due and payabte, w~~hov~ demand or no~~ce.
cr (c) in the event each and every the atipuiat~ons, agreements, condrt;ons and covenants of sa.d prom~ssory note and th~s mortgage any or a~he~ a~e not
ivly, promptly and f~!ly perfwmed, d scharged, e~ecuted, effetted, compltted, compl~ed w7;h and ab~ded 9y, then in e~thar or any such event the sa~d ag-
3~egate aum mentioned in sa~d prom~sswy note then remaming unpa~d, weh intere;t aarued, and a~i money~ secured he:eby, shall become due and pa,r-
ao e fo~thwith, or thereaifer, ai the opr~on of said h10RTGAGEE, as ful~y and complete~y as ~f all of ~he :a~d s~ms of money were o~~gmatly s+~pu:afed
te be pa~d on such day, anyfhing in :a.d prom~ssory note or in this Mor~gage to the com.ary notrv~thsia~~d~ng; a~d ~here~pon or thereafter at the op~~on of
s~.d h10RTGAGEE, without nonce or demand, su~t at iaw or in equ~ty, therefo~e or therrafier begu~, may be prosec~tcd as if all moneys sec~red hereby
r.,d matwed pr~or to ~ts insntunon. .
7. ihat in the event that.at the beginntng of or at any time pendi„~ any suit upon thfs Mortgage, or to fo~eclose it, or to reform it, or to enforce
paymenf of any claims hereunde?, said MORTGAGEE shall app~y to the Covrt having iur~sd.c~~on thereof for the appo~ntment of a Rece~~e~, su:h Covrt sha~l
F~~rhwith appoiM a rece~ver of aaid mortgaged property ali and singutar, inc:vd ng aIi a~d sing~iar the ir.come, prof~rs, ~swes ar.d reven~es !rom whare+er
source derived, each and every of wh:ch, it being expressly unders~ood, is hereby moregagrd as ~f spec:f~ca~ty set forth and descr~brd :n ~he g~anTing and
h,~bend~m clauses hereof, artd s~ch Recerver shali have all the broad ar.d effecnve f~nct,ons and po.,~en ~n anyw~se erorusted by a Cou~t to a Recr~ver, and
s_ch appointment sha? be made by such Court as an adm~tted equ~ty and a matrer of abso:ute r:gM ro sa~d MORTGAGEE, a~d w~nc~ut reference ro the
adequacy or inadequacy of the val~e of the property mortgaged or to rhe so,vency or ~nzo~vency o1 sa:d 1NORiGAGOR a the defendan~s, and that wch
re~~rs, profits, income, issues and revenues shall be appi~ed by such Receiver accord~ng ~o the tien or equiry o1 sa~d MORTGAGEE and the pract.ce of wch
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Court. -
8. To duty, promptly a~ fully p~rfofm, d~scharge, execute, effect, compfere, comply with and abide by each ~nd every the st~pu?ations, agreements,
conditions and tovenaros in sa~d promissory note and th(s roortgage set forth. -
9. That in the event the ownership of the mortgaged prem~ses, a any part thereof, becomes vestid in a psrwn Other 1Fun the MORTGAGOR, the
ti'.ORTGAGEE, its successon and ass~gns, may, w~~hout norice to the MORTGAOR, dea~ w~fh wch successa or successor i~ iNerest with reference to th~s
n argage and ~he deb~ hereby secured in the same manner as w~~h Morrgago. wt~Fwu~ in a~y way vir:a~ing or d~scha~ging the±/dortgsgwi liabii~ry here-
~.,~der or upon the debt hereby secured. No sate of the prem~ses hcreby mortgaged ard no forbearance on the par~ of the MORTGAGEE w iit wccessors
or assigns and no eare~s~on of the time for the payment of the debt hereby sec~red g~ven by the N10RTGAGEE or its successors or su~ycn, ~~~all operate.
ro re~eaae, d~scharge, modify change or affect the origmal Gab~:ny of the M.ORTGAGOR hereln, either in whote or in part.
10. It is speufically agreed that time is of the essertce of this contract and ~hat no waiver of any ob:;gat~on hereunder a of the obligation sr
cvred hereby shali at ary tinx thereafter be hetd to be a waiver of the terms hereof or of the instr~ment sec~red herby.
I l. In add.uo~ to the iorego ng month!y payments of princ pal and ~nte~est requ~red by the prom sscry no'e secwed he~aby. mortga~ot covenan!s
d agr~s to pay ro ~~o:tgagee wrth each menfh'y pay~.~ero an add~~~onal sum es~ n.ared by morrgagee to be eq~a! to 1, 12 of rAe annua; cost of the foiiow-
A-All real property taxes lev~rd or as:essed agai•~st thc above descr~bcd real estare.
I~ B-Przm~ums on fire and w~ndstonn insuracce as here~n req~~red to be carr;ed en the :mproveme~ts it~ate on the above described premises.
C-Premwms o~ such mortgage guaranty ir.wrar.ce as mo~rg,~gee sha~l from r me fo t~~ne deem f~t to carry on ~he :oan secured hereby.
Mortgagee sha:! frem t~me to !er^e no!i4ti• mer!ya~or in wris;ng ef eh^ a~c:o_^.t d_c a^d p>_yab[. h•reunde~ and svch s~~T sha!~ thz.e~~F~n be dve and
;.~~abte on the due date of the next month:y payment and each :~ccessive mo~th ri,ereafrer ~cN~ mertgagee sha~l not;fy mortgagw of a change in such
! ~~~ount. Such sums sFa!1 be app~ied by mortgagee toward the payment of real preperty taaes, insurance prem.ums, and mortgagr guaranty msurance
,~•e~niums.
g IN WITNESS Y~HEREOF, the yaid MORTGAGOR has hereunro set his hand and seat the day and year firat afpresaid
g ~ gned, Seated and d livere(~ i the p?es nce of: `
$ '
~ ~ ' \ ~ Q , . ~ _____~!~C~l- ~ (Sesq
~ (Seal)
~ - - ~,u a-t~ 4iLY~~- (Seaq
~
~ Iiarianne POtter ~s~a~)
~ S~ATE OF FIORIDA
~ ~ -
~ :.OUNTY OF St. Ll1C2E' 1
~ Befo~e me penonally sppearcd I~'~ ~Ot't'E''r and
~ 1•iarianne Pot~er
his wife, to me well known and known ro me to be
~ rhe ind;v;duals described in and who executed the fwego~ng instrument, and acknowtedged before me that they executed the same fot the pur,~oses
~ rherein eapresxd. And the said_ j;"riarnn 7ni.ai ^
~Ife of the sa~d ~'a-Y ?~J~+E:r upon a separate ar?d privste
x~ e.aminat~on by me taken separate and apart from her said husband, xknowledged to and beforc me that she executed sa~d inau~ment frcely and volun-
rar~ly and without any compulsion, constraint, apprehens~or~ w fesr of or from her said husband.
j
~ 1
ti WITNESS my hand and officia! ual this- ~ C day of ~a'1'~»~~ A. D. 19 ?f
~I i l `~~,i~ ~ C~ ~,1' .
Notary Publ~c in and (or the State of Florida ~t larqe
;y .
My Comm~ssion expires: V~' \ - i
Return To: ; ~ r0 ~ ' ~ ; ~ C ~ ~
e.;~ Fint Federal Savings a Loan Associat~on 2;z30 1 5 .
Of Fort P.r.ce ~ i~ ~
fort Pierce, Fforida ~ ~
Fi~fo,~~~ ~tc~~oEO .
- ST.LUCs_ .•~}UxTti FIA. ~ _ .
1~OGi - : : ?P.~S ~ -
CIEHx c . ~U~ ~ GvURT
- This Instrument Prepared By i;. :~,n~ J~ . Rf~~~ ' f`-~
First Federal Savings b loan Association + 2~ ~u Z ~j/~
_ of Fort Pierce ~ :~icl'~ ~ z ~ ~ r1 ~
Checked By _ ~
x.;
= ~ooK 199 ~~E .774
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