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3. To p!ace a•~d cont~nuo~s!y keep on ~he b.,~ d~~.9s ncx or he~eafier ~~r~are on ~a~d ~snd and on a!I eq ~~p~~ent and pe~sona!ly covr~ed by ~h~s mo.
a~e, w:~h all prem;,,ms the~eon pa d m 1~'1, f,.e ir5~!an:e .n me ~s.,a~ uand~~d po;.cy form, in a s~m a~p~o~ed br the MJR~~:.G'_E, ar~.d ~~^dsto
,nsurante in tha usual sTandard po, cy form, in s aum appro;ed by the MORTGAGEE, in such to~~pany or co~nYan.ea af the '.102TGAGEE m
d.rect; and all iire aad w:ndstoim insu~a~ca po:~c:es on any of si~d bu~~d:ngs, any interoe~ ~herz~n or pa~~ thereof, in the ag9~egate ~v~n atcresa;d
in e:cess thereof, thall :ontain fhe uwal sra~da+d mo~rgagee c,ause or s~ch o+fie~ d~~se u the Mongagee may rzq~•re, making me ,ess ~ndrr aa,d po ~
:,es, each and evc~y. pa~ab'e to sa~d MORiGAGEE as ~ts ~nterest r^ay spprar, e~d each and every svch po~~cy aha:t be p*orr.priy ass g~~rd ar.d de•~.r~rd
any held by sa~d MORivAGEE u f~rfher •ewr~ty to sa~d n:o:rga~e dedt, and, not ~ess than ten 1~01 days ~n ao.a~ce of ihe e¦p~~a~~on ai ea:h Nol~cp. ~o d.
~ ~er to sa~d MORiGAGEE a reneeai thereof, ~ugeTher ~with a rece~pt ior the prem~ur~ oi such renewa`; a~~d ~here shali be no f~re o~ .r:~~dsto~~~ inw~anc
p~aced on any of sa:d bviid~ngs, any i~terest ihere:n or pan thereof, un~eu ~n ihe form a~~d »rth the +osa payatle as afcie~a~d; and ~he ever.t a~y sun
oF money becomes pa~ab!e ~nder s~ch po;:cy w poLcies sa~d h~ORTGA~EE stial! have ~he ep1,on to recei.e and ap~'y tne sa~r.e on ac:o~m of the inuec~.d
ness sewred hereby or fo permi~ sa d MORTGAGORS to rec~~~e and use it a any pnn u,~reo! lor cr•„•r ?ur; csrs. .v.~r,;,.t ih ~3 p_••
~ng any equ~ty, fen o~ ~~ght unde~ or b~ virwe of this mo*~gage; and in the event sa:d MJRTGAGORS shafi !o. any reaaon fa~i fo kecp ~he sa~d prem~srs so
nwrzd. or fa~i to de;~ver promp:ly any of smd poi.c~es cf ms~ran~e ro sa:d MORTGAvfE. or fa~~ p:ompfly to pay fu.~y any p~e ~~w•n tnere!o~ or ~n a~y
respect laii to pe~form, dncha~ge, exec~re, effec~, complete, comp~y wi+h and ab~de 6y ~h~s covena~:t, or any part hareof, sa~d MGwi~i+GEE ~nay p.ace a a
Fa~ tw such insurance or any part ~he~eof w~Thout waiving or affecting any op~~on, IEen, equ•+y, o~ n~ht ~nde~ or by v:rtue of th~: hlo~tg,~ge, ar.d thc
!„iI a~noum of each and e.ery s~ch paymem shali be ~mmed~afNy due and payable and sha.l bear intzresi from the date thereof w~nl pwd at the rate ot
^~.e PC~ C@~1T:lT per ann~m and ~o3ether ~nr.h such intecesT sha~~ be srwred by the Len of M~a mortqage.
4. To permit, comm~t or su`.fer no waste, impaircunt or detenoration of sa~d property or any par~ thereof.
5. To pay atl and s~nguts~ the costs, charges ard expenses, ~ndvd~~g a reasonable at+orney's fee and costs of abst.acts of t~t'a, incuned or pa~d at
tine by smd MORTGAG'_E, because o~ in ~he event of the (a:lure on the part of the said MORTGAGGR to duly, pro~-~pNy a~d fv•~Y F~'rform, d~schjrge
e¦ec~te, e'fen, co~nplete, comply w~th and ab.de by each and e~ery rhe supular.ons, agreemeots, cond~t~ona, and covenants of sa~d pro:n~ssory note a~d rf„~
, origage any or e~~her, a~~d sa.d cosTS, charges and eapenses, each and every, sha~l be immed~ately due and payab!e; vrhether or not ther~ be noT~ce d~
^:a~d, anempt to co.;ect or suit pend.ng; and the f~1: amount oi each and every sv:h parmem shall bear mTeres~ from ~he date thereof umii pa~d at ~~~e
•c o+ n~ne per crn;,,m Ner an~,;,~+,; and aii sa~d ccsrs, cna.ges a~d c:Nr~~ses ~ncurred w pa~d, ~ogether .v~th such Inrerest, shall be seccred by the iren of th~s
mortgagl.
6. That (a) in the event of any b~each
of this Mo.tgage or defau~t on tht part o4 the MORTG4GOR, or ~b) in ttie event any of sa:d sums of money
f,,rein referred to be r.o! promprEy and fu:lr pa~d v~~:F~n th rry ,30; days nex+ a~rer the same se+era':y become due and payab~e, whho.;f demand o~ nence,
:r ;ci in thr event each and eve~y ~he ui~ula~+ons, agreements, cond~sw~s and covenan;s o! sa.d p:omiswry ~ote and th;s mortgage any w e~ther are nol
i~~:r. prompt~y and iuiiy ~erformed, d.scharged, eaec~ted, effccted. comp;eted, com~i~ed wnfi ar.d a6~ded Sy, then in e~ther o~ any such eve~t ~he sa~d ag
~•cgate s~m memroned in sa,d prom~ssory nore tnrn rema~ning ~npaid, w~th inrErest acuued, and a:t moneys secured hereby, sha:1 become due and pay
eo e forthw~fh, or rhereafee~, at the opf~on of so~d A10RTGAGEf, as f~:ly and comp!eteiy as ii a!I of ~he sa~d wms a~ money were or~g~ns:ly sr~pu:ated
ic br pa.d on svch d~y, anyfh~ng in sa d pro^.:~s:ory note or in th~s Mortgage to ~he conTrary notwitF.standing; and there~pon or the:eafrer a+ the op~~o~ o(
ss d MORTGAGEE, w~fl~out noT.ce o. demand, s~~t at law or m equay, !he~efore or thereaiter be~un, may be prosec~ied as if all moneys setured hereby
r.:d matured pr~or to ~ts ~nstitut~on.
7. That in the event that at the beginn~ng of or at any time pend~ng any su t upon rhis Mo*tgage, or Jo fpreclcse it, or ~o ~eform it, or to en(osce
~ s>ment of any cia~ms he~evnde~, said MORTGI+G~E sha~i appiy to the Cou~t har~ng ~urnd.c~.on thereot fo~ the appo~ntment of a Rece~ver, wch Court shal(
ro~rhwith appomt a rece~ve~ of sa~d mort9aged prpp2rty all and s~~guiar, indud ~g a~i and s~~~gu•ar me income, p~o+~ts, issues and revenurs from whatever
s;.,•ce derived, each ar.d every of whch, rt oemg express'y undersfood, ~s F.ereby me.~~agad as ~f spec~i~ca~ly set fwth and descr~lxd m the g:an~~ng and
+~`endum ciavses hereof, and wch Rece~.er sha~~ have atl the br~ad and effecTwe fu~cs.or.s a~d powen in anyw~se emwsred by a Ce~.t to a Receiver, and
:_:h appoinrmen+ ahal; be rnade by such Court as an ad~+it~ed equ~ty and a r:atter of absd:..•te r~ght to sa~d MORTGAGEE, and w~~hout reference ro the
L~?~JCCY o+ inadeouacy of the va~ue of rhe property mwtgaged or to the so.vrncy or ,nso:~ency o1 sa~d MORiGAGOR or the defr•idants, and ihat such i
;••s. ~.rofits, inco,ne, issues ond rever.ues shail ~e appi~ed 6y such Recz:ver accord~ng to rhe lien w equity o} sa~d MORSGAGEE and the pracnce of wch
:.OJft. "
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8. To duly, prampr:y and fu(!y per{orm, discharge, execute, effect, complete, comply wlth and abide by each and every the stipularions, agreemenfs, y
_o~~cinions and cove~ann sa~d prom~ssory note and th;s mortgaqe set fo~th. ~
9_ That in the event tne ownershlp of ~he rcortgaged prem~ses, or any part thereof, becom.s vested in a person other than the MORTGAGOR. the
~RTGAGfE, its s~ccesson ar:d ass~gns, may, wi~hou~ noT:ce to ihe MORTGAOR, deal wrth wch successor o~ successor in ~nferest with reference to th~s
o~+gage and rhe debt herecy sew~ed in the same manr.er as wrth h1o~~gagor wirhout in any way vit:ating or d~scha~g~ng the /dcrtgagori liabiiity her~ '
.-.der or ~pon the debt hereby secured. No sate of the Frem~ses hereby mo~tgaged ar.d no forbearance on the pan of rhe IhORiGAGEE or its successon ~
' o- a:s~gns and ~o earens~on of ;he t,me 4or the paymenf of ~he deb~ he.eby secu:ed g~.•en by the N40RTGAGEE or its s~ccesso~s or ass:gns, a~:alf operate
io re~ease, d:scharge, mod±fy change or affect the o~igma! liao::,ry of the MORTGAGOR here~n, either in whole or in parL
10. It is speuf~cali~ agreed rhar t~me ia of the easer.ce of fh~s comracr and that no waiver of any ob~igat~on he~eunder or of the obti~ation se- t
~ c~red hereby s1~a:~ ar any time rnercaiter be heid to be a wa~rer ef fhe term.s hereof o~ of the ins~rument secvred herby_ {
11. In add r:oz :o the fc~e9c ::a r»Onth~y paYm>nts of p-~~c pa: and ]n+e~zsr requ~red by the prom sscry nore secu.ed her_6y, mortga~or covenants
~
~ ~ d agrees to pay to mo•tyagee ~n,rh each mcnrh y Fa~•.:ent ar add •wr~al sum est ~ ared b~ murtqagee to t~e equal to 1. 12 oE the enn~al cost of the foliow- -
y.
E A-Ail real property taxrs lev~ed or as:essed ag3~•}st the above desr~bed r_•a~ esraTe.
s
~ 6-Fre.. ;v ns on f~ra and v.~^ds+o•m ~nsu~arce as here~n requ:red to be carriFd c~ tnz ir,; ravemeats s:t~ate o~ the above d:sv~bed p~emises.
; C-Pre:^~ums o? suth ~r~r~g;ge guaranty ir.s~rance aa mo•tgagee sha~l frc•c f ine to time deem fit to carry on the ban secured hereby.
s Mo.tgagee sti~ ~!*cm +~T.e to t~--,e no*~fy mc.rg~ger in rrrit~ny of the o^ o,.~~t d,,e and payable hereunder and such s~-*: shall tF.E*zupon be d~e and
$ .,abfe on the d~e dare of ~he n~.t mo~th.~ pa~ment and e~ch svccessire ~:o^th thereaft~r ~~.til mortgagee shal! not:fy mortgagor of a change in such
~ = i~:~nt. Such sums sFa:i be app'~ed by mortgag~_e roward she payment of rea! proFerty taxes, insu~ance p~em.ums, a,id mortgage gvaranty insurante
~e~r.iums.
a
IN WITNESS Y:H~C£OF, the safd MORTGAGOR has hereunto set his hand and seal the day and year first af~resaid.
~ Sig~ed, Sealed a 'vtred in the presence of: - .
~ ~~l/~ _(Seaq
~ f _ Willidm F. E261'1 {s~ai)
~ 1 _ ~ -2~~~ {$eat)
~ udy I Eze 11 ~~s~~
S?rTE OF FLORIDA ~
'~r~._. C."'.UNTY OF $L. l.ilCle ~ ~
~ Before me personally appeared Wl l l ldi~l F. EZ611 end
~ Judy I. Eze 11 his wif~, to me well known and known to me to be
?r,e ind~vidua!s destribed in and who executed the foregoing inslrumero, and atknowledged before me that they eaetuted the aarh~ fot ttie purposes
~ Jud I. Ezell ~ '
~ cherci~ expressed. And the said y ~
.r ' ~ ~
~:je of the w~d N'11113D1 F. E2C11 ' ~ponq s~ps.ate ~r~'private
e,am naron by me taicen separate and apart from he~ said husband, acknowledged to and before me that she eaecuted s~:d instrumehl.freely s.~d volun-
raniy and wnhos;t any compulsion, constraint, apprehens.on, or fear of w from her said husband. '
' IB~Il_ _ da or Februar ' 0. D: 1972 '
a WITNESS my hand and official seal this_ y ~
' . . ~ , ~
i
ti - 1
=ri Notary PubGc in and for t}fe. afe bf Fbrids.~t,-L~t~t.
My Commission eapires: . ' - ' : ~ .
Retum 70:
r;~ first Federal Savings 3 loan Astociat.on ~~~w~~~~
Of Fo~T P.r•ce y E ~~'~'~'1
T+s~~rpa
Fort V~erce. Hcr~da "
NOTARY PUBLIC, STATE ot FLORIOA at IARGE
MY COLIIMISSION EXPIRES SEPT. 25, 1975
- Bonded By American Banken Insunnce ~:o.
-°a This Instrument Prepared By John W. Collins fILEO ANO RfCOROlO
; First Federal Savings 8 loan Association ET. LUCIE COdMT1 flA.
_ of Fort Pierce~ Flor ida AOCER POITRAS ;
CLERK C?3CU1T COUIIT
~r RECOED YF~'IFIED~~~~
~ Checked ey . _
FEe 11 i0 3~ AM 'T t ?
aaac~~ ~sE2~
~ 2'~~14~