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3. To place a~d conNnvous:y krep on the bu~ d~ngs nov~ o~ hereafter ~~t„au on se~d tand and on a~: c~q.,~p~~ent a~d Ne~sonaliy ce~er~d by ~h~• mor
ege, w~tA all p~em~„ms fhereon pa d~n 1~li, t~re ~~swence ;n ~he ~s~ai s~a~aa~d No ,c,r fo~m, ~n a s.:rt, aHprc.ed b~ thr MOR•vAvFi, a~ d~n~ ~ds~o
~~svrante in the usual s+andard pol.ty fo~m, in ~ Sum appro.ed Ly the MORTG~.GEE, in s~~h company o? co:npan.es as tht !.ti021vaGEE m
d,rect; and ~II fire and w~nds~orm msurance po,~cles on any o( sa:d bu~:dmgs, any inrr~rs~ rherem o~ pa~t thereo+, in the aggregaTe s~~~ a+oresaid
eacess thcreof, ihall :o~tain rhe us~al srandard mo~~gager ciause or such o~1ur c!ause as the Mo~igagee may reqv•re, maM~ng the ~ess u~~der sa.d po
c;es, each a:~d every, paya5~e to sa~d MORTGAGEE as ~ts in+erest may ap~ea~, and cach ar,d every such po .cy fha~l be prOn'•}~liy ets g~td u~~d de•~.rrrd
any hetd by sa~d MORiGAGfE s: funher securiry to sa~d rt,or~gage debt, and. not !ess than ten ~10; d.~~i m ad~ance of ihe e:p~ret~on oi each po:~cy, to d.
t,~er ro sa~d MORTGAGiE • ronewal thereof, ~ogNher nrth a rece~pt for the pre-r,wm oi such re~e+vai; and ~here sha~i be no fue or ,ti.nds~o•m ics~ranc
p~eced on a~y of sa~d build~ngs, any in~errst there~n or pa+t therro4, ~n;rss ~n ihe fcrm and w~!h the loss paya~Ie as aio~esa~d; and in rhe e:ent any s~n
of money betomes payable under such poticy a po6cies sa:d MORTGAGFE shail have ~he opt~on to ~ece~.e snd appiy the same on ar;ourn of the ~~~deb!rd
nru sew.ed he~eby or ~o permrt aa~d MORTGAGORS to rece~ve and use it or any ca:r fh~~-ea~ i;,r c:^• r~ur; ~ses. ~:.rn,,;t th ••,p.::
~~g any equ~ty, I:en a r~ht undrr or by v~:tue of this mo:tgage; and in ~he evenr sa.d MO~TGAGORS sha'I :or any reason fai~ ro krep the aa~d p~e~~~sas so
~nsured, or fail fo dei~~er prompily any of sa~d poi~c~ei of insurance to se~d MORiGAC,EE, or 1a~i pron:ptiy to pay ~u:ty any p~e~n~„m fhere~or w in a~y
~espect fa~i to perform, d~scharge, eaecute, effect, compe~e. comply with and a5~de by th,s cove~aot, w any part hereof, sa~d MGRi;,:.GEf n,ay F•:ace a o
pay for auch insurance or any part thereof w~~hou~ waiving or affeaing any opf~on, Gen, equny, or nyhl unde~ o+ b~ v~rtue of rhis A1c~t~age. and fhE
f~il amo~N oF tach and every such payment shatl be immed~ateMy d~e and payable and shall bear interrst from the dat~ thereof ~mll p.,~d at the rate ot
~~,ne per cenrum per ar.nu~n and to3ethcr a.nh such interesr sh3~~ be srcu•ed by the Gen of th~s mortgage.
To permit, commit or suffer no waste, impairrtxnt a detenoratio~ of sa~d property or any part thereof.
S. io pay all snd singutsr the costs, chargef and ezpenses, ~ncf~ding a reasonable atrorney's fce and costs of abttracts o( tit'e, incurr~d or pa~d at
tim:e by sa~d MORiGAG`.E, btcause or in the event of the fa:tu~e on the par~ of the aaid MORTGAGOR to duly, promptly and fu:iy perfo~m, d~sch~~ge
;.:wte, effett, comptete, co~nply w~rh and ab:de by each a~d every the stip~~at~ons, agreements, cond~t~ons, and covenanrs of sa~d prom~;sory nore and ~h.s
^o•~gage any or enher, and sa~d cosrs, charges and expenses, each and every, sha~~ be immed~atety due and payab:e; whether or not there be nor~ce da
~:a~~d, attempt 1o collect or su~t pend~ng; a~d the full a.moum of each and every svch paYmem shalt bea. intErest from the date thereo4 untfl pa~d at tht
~..rc o~ n~ne per ~enrurn per ameum; and aii sa~d cos~s, charges and cx;~nses ~ncwred ar paid, together tivnh such in!erest, shall be secured by the I~en of fh~i
-nortgaga.
That (a) in the event of any b~each of th~s Mo~tgage or dcfauit on the part of the MORTGAGOR, or ;b) in the event any of sa:d sums of money
here~n referred to be not promprty and fuily pa~d w~ihm th~rty 130J da~s ne,.t arrer the sa~,e :e.e.a'!y become due and payab!e, w~~hout demand or ncf~ce,
~cl in the evem each and every the stiputafions, agreements, cond~r~ons and covenanrs of sa.d prom~ssory nufe and ~h.s mortgage any or eirher are ~o~
i.~',y, promprly and f~lly pe~formed, d.achar9ed, txecuted, effected. tompleted, compi~ed w~ih and ab~ded Sy, then in e.ther w any wch event the sa~d ag
;•egate sum menKoned in said promissory note then remain~ng unpaid, with interest accwed, and ali moneys secured hereby, shail become due and pay-
no.e for~hwith, or thereafrer, et ihe opnon of sa~d M02TGAGEE, as fw~y and comp:etely a: ii all of the so+d sums of money were or~9~na~Iy sr,pu;afed
~c- be pa.d on such day, anything in sa.d p~om~ssory nate w in this ti'.ortqa9e to the conrrary ~or,v~Thsta^d~~~g; and thereupon or theree+ter af the opT~on of
s- ~ MORTGAGEE, wrthout nonce o. demand, suit at law w in equ~ty, the~efore or thereaiTer begun, may be ~rosecuted as if all moneys secured hereby
c_d matured pnor to As ~nitAUt~on.
7. That in tne event that at the beginn~ng of a at any t~me pend~nq any su~t upon this Mo•tgage, or ta forxlose it, w to refwm it, or to enforce
;,:ment oi any cia~ms hercunder, sa~d MORIGAGEE shail apply to fhe Co~n ha~~ng iu•~sd c~.on the~eot tor the appo~ntmem of a Receiver, such Ccu.t shail
_-~hw;rh appoint a rece~~e. of sa~d mortgaged property a~I and singular, inc:~d ~g a~t a::d iv~aurer rh.e income, prolrts, iasues and revenves from whate+er
>_•ce de•~ved. each and every of wh:ch, ~t be~ng expressly unders!ood. ~s hereby mo~rgag:-d as if spec~f~cal:y set forth and described in the gran~ing a~d
oendum ~~avses hereof, and such Recei„er sha~i have ali the br~ad and effec!:ve fu~cr cns and powe~s ~n anyw~se emr~sted by a tou~t to a Receiver, and
s:h jPpp~~tment sha~~ be made by such Court as an admitted equit~ and a rr.atter af abso~~te r.gn~ to sa~d hl02TGAGEE, and v~~rho~t refe.rnce to rhe
~_:,a,,acy w inadeqvacy of tne value of the propeity mortgaged or to the so~vency or msc :enc~~ of sa.d MOR~GAtiOR or the deierdants, a~d th;t such
..rs, p:ofns, incane, issues and revcnues sha~l be app~~ed by such Rece~ver accord.ng ro fhe iien or equ~ty o1 sa~d h10RTGAGEE and the praU~ce of svch
~~..~J:t. •
8. To du!y, promptly and fut~y perform, d~scha~ge, execute, effect, compiete, compiy N~~th and abide by each and every the stipu;ations, agreements,
;,r,d:t~ons and covenanrs m sa~d promissory noTe and th~s mortgage set forth.
9. That in the event the ownersh~p of the mqrtgaged pr~m~ses, or any part tnereof, becomes vested in a person other than the MORTGAGOR, the
:'^~TC,AGEE, irs successors and ass~gns, may, wi~hou~ nor~ce to the A1pRTGAOR, deai wdh svch svccessor w svccessor ~n inrerest w:+h ~eference to !h~s
=•!yage and ih•~ drbt he~eby secured in the sdme manner as w~th Mort~agor without in any way vit;ating or d~schary~ng the Nlcrtgagora' liao~iity here-
..~~der w upon the debt hrreby sec~red. No sa!e of ihe Fre~r:ises hcreby nwrtgaged ard no forbearance on the part of the IdORTGAGEE or its successors
ass~?ns and no exrens~on of tne t~me fo- the payme~t of the debt he~eby secu.ed g~ven by the MORTGAGEE or its successors or ass~gns, a~~at! operate
o re~ease, d:scharge, modify ~hange or affect the orig~na! liao:;.ty of the MORiGAGOR here:n, either in whole or in part.
10. It is spec~f~cal~y agreed ~F~at time is of the essence of th~: contract and that no waiver of any obl~gat~on hereunder w of the eb.igation se-
~rd hereby shal~ at any time merea!rer be he:d ro be a wai:er of the terms hereof w of the instrument sewred herby.
j 11 In ;dd.±~u~ ro the iorege ng monrh'{ paym~nts o! p~~-c pa: ar.d ~nrers+ requr.ed by the prom sscry no~e secured hereb~, mortga~or covenants
~ agr=es ~o aay ro ma-tga~ee v~rth each .ro~th y pa,~ en~ ar add ~~cnal sum esr ~ a+ed by mortgagee to be eq~a~ to 1: i2 of ihe an:,ual cosr of the fotlow-
i ,
f A-All real properry taxas ievi~d or assess_d aga~•-~st the above desr~bed rral es!ate.
f 6-Prrrr:u^+s on f~re and w~r.dsto•~n ;nwra~ce as here~n req~;red +o be ca~.ied un the improvements s'v~ate on the above d=scnbed premises.
I C-Pre~nw:~s o~ SJCI~ mortgj~e g~arar.ty ;r.sura~.ce as Inortgagee sha:l frc~r t rne to t;me deem /it to ca+ry on the toan secured hereby.
~ Mort a ee sna~l frcm time ro ti~*x notif ~ mort a cr in wr~h . of the a.-ov~! d~e and
i 9 9 ~ y g ~g payable hereunde~ and svch su~n shali thereupon be due and
' .ab:e on the d~e dare of the n~~r month'.y paymenr and eoch s~ccessive monrh thereafter ur.tii mortgagee sha!t not~fy morigagor of a change in svch
~ - ount. S~cn sums s~ a.i be ap~~:~ed 'oy mortga9>e to+~a~d the parme~t of rea! property taxes, ins~rance p~em ums, and mortgage guaranty insurance
E •~miums.
i
r IN V~tTNE55 YJHER~Csf, tne sa~d MpRTGAGOR has htreu~to set his har.d and seal the day and y ~rst wesaid.
~ _~i~ Sgned~~ealed an deliYered in the presence of: L (~a'
; l~1 5 ~ ~
~ t r . 812 _ ~ ~
_ /,'.7" _ Seal
''u : ^ . ~ ~ ~ (Seal)
' 1 t165S ~ t Z)/!'1 • B 2fl (Seaq
~
~ ~-a7E OF~c WISOO:~SIN
~ ss.
~ =~'.i~JTY OF ~LltcC~clID1Q (
` Chester W. Bland
~ Before me personatly appeared a~
3 Kathzyn P• Bland his wife, to me well known and known to me to be
~
~ ~ne ind~v~d~ats desc.ibed in and who executed the fwegang instrument, and acknow~edged befwe me that they executed the sar.~e fw the purposes
_ ~;,a
e~n exp~esxd. Md tix said ~ttlZyil P• Bl:-.Tld
~ r::fe of the ~a~a _ Chester {A. Bland , ~pon a separate aod private
- e.ammaf~on by me taken xpa~ate and apart from her sa~d husband, acknowlydged to and before me that she executed sa~d inatr~ment freely ar.d votuo-
~ ra~~~y and w~thout any compuls~on, cons!raiM, apprehens:a~, or fear of w from her uid h~sband.
~ WITNESS my hand and offic~et seal this_ ~ ~ 1~ ~ay of Janu r A. D. 19 72
/
a ~
Nofary Pub!ic i~ a d for the State of f{Qids st larye~~
My Comm~ssion expires: V1115COtt S 3J1
- Return to: fItE014M? RECOROEO
_ Firsf federal Savings 3 loan /4ssouat~o~ =T.~tJC1E C~UMT~ F~A. e~ ~
- Of Fort vE~ce. aOCfR ~01TtlAS ~ ~
CLERK C~aCWT COURT
_ Fon P:e~ce. F!c~~da RECOAD vER~F~EO~.~~
= f~ 11 10 3~ AH'Tt ~
~ W1a. B. Braun
This Instrument Prepared By .
a First Federal Sav~ngs 8 Loan Association •
: of Fort Pierce , F1oI'ida x~1~ "
:
Checked By ~ ' ' '
500K 1~ ~if l~~~~ . .
~
- - .
_ : ~ _ _ .