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To pl~c~ Md coeuiiwousy t~e~p on ~M bui!dinps ~aw a Iw~aiN~ wtw1~ on a~d (~nd ~rd on all puipnyM ~nd p~.~onatly cowr~d btr ~1w~ nar
p~, with ali pr~miw~a tM~eon pa~d in iv11, lir~ inwr~~ce in ~M uswl su~dNd poliq form, in • wn~ ppowd by tM MWt~GAGEE, a+d wirKb~o
in~wu~n in tlw uiw) aNndud pol~cy lam, In • iwn approv~d by ~M MORTWIGEE, h~ wcl~ comp~ny a companws a iM MORTGAGEE ~n
da~ctt ~nd ~it fk~ and w~twm inwrarw~ pol;cws on any ot Hid OY1WinpS, Mly inN~~11 IAM~in W pNt fF~tr~p1, M tM apprs9aM swe ~Ia~W
In 1kCf{{ IF1ff~Of, {IyII confain ~fr uawl s~a+dard morry+p~ clavs~ or such otlw~ clws~ a th~ Ma~pp~e may nqv~n. n»~ie~p tM Iw~ undK u~d po
c~s. ~acb and .v«y. p+yabl. a aid MORTGAGEE a~~s M~aes~ ~+.ar +i+v~+~. •nd :ach .~d •vay such Poucy •MU b. P.o~+~~~y u.9~.d u+d d.uva.d ~ ?
any MW by s~id MORTGAGEE as twtMr ~ecu~iry to ~aid mortQap~ d~b~, and. no1 Nu thM qn (10) d~ys in ~draaf oi ths e:piratia? of t~ch policy, ~o d~
liva ro said Mi~RTGAGfE • r~wal tMrwf. ~ope~l~ witA a ~euip~ fw tlw pr«nium of wch rsn~wals ~n~d ~As1~ ~hall b~ no fu~ w w+nds~am inwranc
plaqd on ~ny of s+id bvi{d'e+ps, u~y inta~st tMrein or put th~nof, ~nl~ss in tM form and with tM loss payabl~ as ~for~s~id: and in f!» iwef any wn }
of mwwy becenas payabl~ unda wch polky or pol;c;p sa;d MORT(',AGEE ahall Mw th~ oRtan to receiw w.d apply the sarn~ on xcow+l of tM ind~bted
nsss s~cured F~eby a w p~.mif ~id MORTGAGORS ro reuiw u+d w~ it a~~y part thereof fa other pwFwses. w~~hou~ thr.eb~ waivi~~ a unpair
inp ~ny ~~ty, IiM or rpht wKier w by virtw oi this mort9ap~j and in th~ ~wnt s~id MQRTGI~GORS sMll Ia any reason i~il to ke~p tM ~aid pr~mises w
inswed, ar fall w delive~ prcwnptN any of said policies of inswana ro said MORTGAGEE. w fail promptly b pay fu11y ~ny premi~m theretor w ie any
respaci iait M pMto~n~, distharqe. oxeture. ~HM. compkte. oompFy with ~nd abid~ bp this cownant. a a~y paA henoi, taid MORTGAGfE may place and
pay fw such tmurar~ a sny put tMreof witl~out waivkg a ~ffeNenp ~nY optiw~, li~n, ~q~ity, or ?ipht axrcie~ or by virtw of tMs Matpap~, u?d ~he
full aenov~?~ of each and ~wry such paymen~ sh~Il be imm~diaroly dw snd payabl~ ~nd sMll Aea~ in~er~st from th~ date thereof un~il paid N tf+~ rat~ ot
n~r~ pe~ centum pa annum and togefher with such interest sMll be secured py tM lirn of fhp mat~aQe.
I. to pam+t, aonrnit or wffar ra wasN. Impairment or deterar~t;on of s~k! property or sny put thereof.
5. ~o psy aU and sirpular rhe cosb, charpss u~d expense~, fnctudiny ~ reaso~abl~ ~ttorneys fee snd aosn of abstracts of title, incurred or pad ~t
any ~ime by said /NpRTGAGEE. because or in the svent of the failuro on the pan of th~ said MORTGAGOR w duly, prompNy and f~Ity parfwm, d~schargR
execvte, effed, complete, comply with a~d ab~de by each and every ths ~tip~lations, agraementt„ conditiwu, and eovenann of said promissory eale and this
mongape any or ei~her. and said costs char~es and eapenies, csch and every. sMll b~ immedi~tely due and payable: whether or nol there bs notite de~
msnd, attempt to collett pr svit pe~d~ngs and the fup arraunt of each and wsry svch p+ymeM sl~all bear inrarest from 1he dat~ thereof un1i1 piid ~1 the
~are of nine pe~ centum pei an~~m; and ~II said cosri,,charges and expenses intvrred or paid. togelhtr with taxh interost, shall be secured by the lien of tha
mortpa~.
6. That in the ~vem of any breach of this Mortgsge or default on ths paN of tFe MORTGAGOR, or (b) in tke event ~ny of sa+d wms of nadey
herein referred to bs not promptly and fully paid wilhin thirty (30) days next after the same xverally become due and payable, without demand w notice,
or (c) in ths event each and every the stipvlations, ag?eements, conditior+s and covensnn of sa~d promissory n~te and this mortgspe any or ei~her are nw
iuly, promptty and futly performed, discharged, exacuted, effected, completed, compl~ed with and abided `~y, then in either w s~y svch avent 1M said ap~
gregata wm mentaned in said promissory note then remaining unpaid, with intcresl ~cuued, 'u+d all moneys secured hereby, shall become dw and par
able fwthwith, Of 1F~tfNFtN, at the option of said 11M1ORTGAGEE, ss fvly and compk~ely as if aIl of ~he said suna of money were aiginally st~pvLtcd
ro be pa+d on wch day, a,~y~h;ng in sa;d p.om~ssory note or in this Nlortg~ge to the contrary notwithstand~ng; and tFw+vpon or thereafter at the option of
said MORTGAGEE, wilFavt notice w demaod, suit af ~aw a in equity, thereforc w tF~eafter begun, ma~ be prosecuted u if ~II rnw~eys setured hereby
had matured prqr to its instifution.
7. That in ths evenf that al the beginn;ng of or sf any time pentling sny suif upon this Mortgage, or to foreclose it, or to mform it, w to enfwos
paymeM of any claims herevnder, said MORTGAGEE shall apply to the Cou~t having jurisdictio~ therr~l fa the sppointment of a Receiver, such Co~rt shall
Forthwith appoinf s receiver of said m«tgaged propeny ali and sing~lar, ioclud~ng a~f and singular the inmme, profits, issues snd revenuea from whatever .
source derived, each and every of which, it being expressly understood, is hereby mertgaged u if speulically set fath and dewibed in the ~wntiny and
habendum clauses hNeof, u+d such Receiver ahafl have all the broad and effective fvnctions and powen in aMrwise entrusted by ~ Covrt fo a Receiver, and
:vch appoFntment shaU be mada by wth Court as sn admitted equity and a matter of absolute right to s+id MORTGAGEE, aod without refereoce fo the
adequacy w inadequacy of the val~re of the property mortgayed or tp the solve~cy a inidvericy of s+id MORi(3AGOR or the defendants, and that such
rems, profin, income, issues and reve~ues shati be applied by such Receiver accord~ ro the lien w puity d ~aid MpRTGAGEf and the p?actice of :uch
Court.
6: To d~ly, promptly and fully perform, discharge, execute, effect, complete, oomply with and abidt by each every tiw stipylations, sgrcemenq,
conditions and coven~nts in sa~d promissory note and ~his mortgage set forth. '
9. ?hst in the event the ownenhip of the mwtgaged premise~, or any part thereof, becomes vested i~ a person othei tMn the MORTGAGOR, the
MORTGAGEE, iri successon snd auig~s, may, withovt ra~ice to the MORTGAOR, deal with such succasor or successw in intercst with refcrer?ce to this
mortgage and the debt hereby secured in the same mamer as with Nbrtgagor without in any way vitiating or discharging the Mortgagpn' Iisbility he?r
unde~ or upon !he debt F~ereby secvred. No sste of the premises hereby mortgaged ~nd no fwbearance on the pan of the MORTGAGEE w in suttessors
or assigns and no extension of the time for the paymeM of the debt hereby secured given by the MORTGAGEE or iti successo~s or assigns, shall operare
ro release, discharge, modify clunge or affect the aiginal Gab;lity of the MORTGAGOR herein, either in whde or in pa.t.
10. It ia specifically agreed thst time is of the euence of this contrsct and that no waiver of any obtigation here~nder w of tM obliyation se- ~
cured heteby sh~ll at any tirrK tl?zreafter be held to be a waiver of the terms hereof ot of the irotrurneM secured herby.
i 1. In add~tion to the f«ego:ng monthly payments of prjnc'pal and intereyt rcqu~red by the promassory ~ote secured hereby, mortgagor covenaots
and agrees to pay to mortgagee with each monlhly payment an addirionai wm estimaled by mortgagee to be equal to 1/12 of tlx annual tost of the fdlow-
ing:
A-All real property taxts levied or assessed agai~st the above destribed real es~ate:
B-Premiums on fire and windstorm imurance as herein requ~red to be carned on rne improvemer~n aiwie a~. i7.o a:,:,.~ :~;c::,,~..' -
Y:
C-Premiums on, such mortgage guaranty insurar,ce as mortgagee shall from )ime to time deem fit to earry on the loan secured hereby.
Mortgagee shall from time ro time ratify mortgagor in writing of the amoynt due and payable Fxreunder and such sum shall therevpon be due and
payable on the due date of the next monthly payment and each successive momh thereafter urtil mortgagee shalt ~otify mortgagor o{ a chang~ ie such
amount_ Such sums sha!! be applied by mo?tgagee toward the paymem of real property taxes, i~nwance prem:ums, and mortgage g~wranty inwrance
~remiums. .
IN WITNESS WHEREOF, the ssid MORTGAGOR has hereunto ut his hand and seat the day and year fint sforesaid,
Sealed, and deliver i t presence of:
r0 • 1ff n
~ , a~
, ~ ~s~,n
_ aas~ M.' O~as
SiATE OF FIORlDA ~ .
courm oF st. Ltaei• i~' _
Before me person~tly appeared Jsrold R. O~sas ~
~od ~
~~II~! M• ~s ha wife, fo me well known and known to me to bs ;
the indrvidvsls described in and who executed tl~e foreyoiny instrument, and ackrwwledged before me th~t they executed the same for the ~urposes !
rherein expresaed. And the sa:d D~iba! M• 0~lAS =
wife of the said -~lZOZl1 Q• ~s upp~ • sep~rate and pr"n~fe ,
examination by me taken separate and aparf from her said husb~nd, adu~owledged to and before me d~s1 she execvted ssid instrument freely and volu~r
rarily and withovt sny compubion, constroiM. sppre jqn~or fear of ot from het said husband.
WITNESS my hand and official seal thi day o{ f1 A. D. 19 72
.
, Notary Public in and for t St~t .af Fbri~ -~~,F Y
Iy~y Commis~ion e:pires; f;~i.`.
Retvm To: ' c~~
.•...~~y~ "~~i,.,
Fint Fe~deral Savings 3 loan Association • ~/r ~ w
~ ...i?<:%
Of Fort P~erce. j~~~ T r
Fort Pieice."Florida ; ~ .
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R£tORplifRlflE~ `~•-.'O ~ ~ _
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This Instrument Prepared 8y QiCl~asd 1C. [sylf ~ 3~~~~ ~T , Oe
First Federal Savings b Loan Association S~ ~~~STA~~.
of Fort Pierce ~ FloZida , ~-'K~3~,~ .
Checked By, ~ r____~~
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tQOK ~ P~ ~ll•?
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