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~ 1e p~~ a~d conuewo.~sl~ leep on ~F» bv~ d.,y~ ~ww a Mr~~hN ?~~wN o~ ~~~d ~~d Md ow eq~.~n~ vd q.W~~1iy to+-t+ed by M+i~ w~a
q~. w.M aU pem.urnt the~eon ~.d .n futl, I~re Mwr~nct ~he vs~al a~nda~d poi~t~ lwn~, in • avm ~p~or~ b~ Mt N10R~GJ?G[E. ~~d w~nd~w
«uw~ in ~M vawl ~+~nd~~d po:~c~ io.n~, in •?wn ~o.ed b~ H+s M10t1GAGEE, ;n wcA _ co~+~pa~r a coTpa~ri a~h~ MOttGAGfE w~
dw~c~; ~nd NI fa~ a~d w~ar~n wwvw potK.as on an~ o/ ~++d bu~sd,~ w+~ ~nNessr ~Iw.s~n w pan rhe~wl, in ~he pp~ep~h wT ~fa~ud
in ~ace+~ Me.soi, sMl1 con~a~n ~wai s~~~+d~d ma+qpee c~a.n~ a fuc~ oriw c+ww N ~1?~ Marop~e ~nay rpv.n. ~n+?inq th? aa v~de~ ~~.d po
c~a. ~acA ~nd P+rab~a a sud MtMiGAGEE ~s ~n ~n~aes~ mar ~PV~N. ~nd eacA ~r+d eve.y sucA po~~cr •Ml: !k wo~^P»r p.+ed a+d d~~~~rred ~
.nr Ae1d b~ s.~d MOQtGnGEE N IYftlfOf 1lCV~Ifr ~o s~d n,or~9aQe deW. ~.al, no~ {ny ~I,~n ~en ~I01 da~s ~n ad~~~a~ oi ~h~ ~ap~r~ran ol each po1Ky. to d. ~
~~w. a•.~d MOR1GwGEE +?s+Kw~l tlK,~of. rope~Fyr w~th • rec~.p~ fo~ tAe pr~nuwe ol sucl~ rMew~i; and ~he« sMti bt ~,o hrt w w~ndsram insuranc
pl~ced on ~ny of w~d buitd.~+Qc, sn~ in~o.ep the~~~n a pa» ~}weof, unl:u in ~M fam ~nd w~th ~h~ toss pay~bl~ u aiorsuid; ind i~ the ~.en1 a~y ~un
°f ^?on~Y becanes p+r~b~e undM sucl? policy w po~Kas sa~d MORTGAGEE ~ha11 haw ~M op~~on ~o rece~ve ard ~ppty tM ~an~ on ~ccount ol the incl~bted
r+ess secured haeby ~pr b per-oit said MpRiGAGOR3 10 ~ece~ve a~d usa it p~ny pa.t ehcreof ta or~x•~ p.,~~ases. w.~ho.,t ih~..o~ wa~~~,~ o. ,~,~p,,u
'~p MY ~q+~~tY. I~+~+ a ryht w+de~ a by vir~ue of this mo-rqpe: ~nd in th~ evem ~a~d MORiGAGpRS shatl fw a~y ~e,son i•il a kcep ~he ~~~d pe*nises so
~niwcd. a fail b dNive~ p~ompth ~ny of said polKies of insur~nce b s~~d h10RTGAGEf. w fa~l promplly /o pay fulty any prem~um rherofw a in an~
?espM /~il ro pe~lwen, druha?ge, execu~e, efiec?, compltts, comply with and ~bide by ~his covenam, a My parl he~wf, sawd MpRTGAGEE may p~~ce •~b
paY fw such irqurance a;.~y part thereof w~ihou~ waivinq a~ffecti~q any opt~w?, lisn. eq~~ty, o~ ~iyht unda w by virtut of dus Mw~9a~e, ~nd the
fuil amount oi each and evtry such payment shaq be im~nedi~tely dut aod payable and sM!! beu inte?est from tM dat~ thereo( until pa~d at tFw ~at~ ol
n~ne pe~ cenwm pe~ annum and to~rther w~fA tuch imeies~ shau be secured by tM lien of this mort9aye.
t. To pHmit, oomm;t or wffer no waste, impa'ament or deteraraian of w~d p.operty w~ny put the?eof.
5. To pay aIl ard suq~lu ths coats, char~es ~nd espenses, induding ~ reasonaWe attwney i fee ~nd wst~ of abstr~cts of title, ir?curred p paid a~
any time by said MORiGAGfE, bec+use w in the event o( the-fa~+ure on the pa» of the said MORTGAGpR t, duly, promptly and fu11y perform, d~xharge,
execute, effect; complete, comply w~th and ab:de by each and every the stipulatrons, agreements, conditions, and covenann of said prom~ssory note and ehis
mortgaye any w ei~he~. and ia~d cosq, charges and expenses. esch and every. ~F+all be immediarety dve end payable; whethe? a not there be notice dc
mand atfemp~ ro colka a wit pend~ng: and ~he tull amouM of each snd every wch paymee~t shall bea. i~teres~ f~om ihe date lhereof vatil paid at the ~
ra~e of nirte per centum pe~ annuT; anc! ail said costs, charges and ea~enses incvrred or paid, together w~th such interest, shall b~ tecured by the lien o~ tha
mortyaye.
b. T1+st (a) in the event of any brexh of this Mwtgage or defaul~ qn the paA of the 1NORTGAGOR, w(b) in the event any of ss:d sums of nane~
herein refe?red ro be not promptly.snd fully paid within th;rty (30) days next after the same severatly become due and payable, without dcmand w notice,
or (c) in tf~e evcnt each and every the stiputations, sgreemenrs, conditio~s and covenanrs o! sa:d promissory note and th~s rt+atpage any p either are not
iuly, promptly ~~d fuUy perfwmed, d~scharged, executed, effected, completed, compl~ed wi~h and abided Sy, then in either or any s~ch eveM the said ag
gregste wm mentionecl in said promiuory note tF~m remaining v~paid, with inte~e:t acuued, and a11 moneys secured hereby, shall betwne dw s~d pay-
ab~e fathwid~, w thcreaffer, at tFK option o1 said MORTGAGEE, as fvlly and completely as if all of th~ said :ums of money were wiginally ttipulatcd
to be pai~! pn suth day, anything in sa:d promisswy note or in this Mortgage to the contrary notwithstanding; and thereupon w thereafter ~1 the option of
said AAORiGAGEE, w~thout notice or demand, svit at law a in equity, tikrefae or thereafrer begun, may be ptoxcuted as if all ~wneys setured hereby
nad mawred p.wr ro in irntirution. ~
7. That in the event that at the beginning of or at any time pending sny suit upon thia lNortgage, o~ to fweclose it, or to reform it, w to enfo?te
paymcnt of any ctaims hcreunde~, said N10RTGAGEE shalt apply to the Covrt having jurisdict;on thereot fw fhe appointment of a Receiver, wch Court shaH
forthwith appoint a receiver of said mortgaged prppcrty all and singular, irxlud~ng all and singula~ the incorne, profits, iswes and revenues f~om whatever
source der;ved, each and every of whKh, it being expressly ur?ders~oad, i9 hcreby mortgaged as 7f spec~ficalty set forth and described in the granting and
habe~dum da~ses hcreof, and such Receiver shall have all the b~oad and effect;ve funa~ons and powe~s in aoywiie e~trusted by ~ Court to a Receiver, and
s~ch appointment shalt be made by such Court as an admitted equlty a~! a matte~ of absolute right to said MORTGAGEE, u~d withouf reference to the
adequacy or inadequacy oi the wlue oF the p~operty mortgaged p to the soivency p ensolve~cy of said MORiGAGOR p the defendants, and that such
~er,ts, profits, income, iuues and revenues shall be applied by such Receiver according fo the lie~ or equity of said MORTGAGEE and the pradice of such
Co~rt.
8. To duty, prompfly and fully pe~iwm, dixharge, execute, effect, cemplete, comply with and abide by each and every the stipulations, agreements,
conditiom and covenants in sa~d promissory note and this mortgage set fath_
9. That in the event the ownersh~p of the mortgaged premises, or any part the~eof, becdmes vested in a person other than the MORTGAGUR, the
MORTGAGEE, its successors and auigns, may, witFwut notice to the MORTGAOR, deat with such suc<essor or successor in intere~t with ~e}e?eoce to thia
mortgago and the debt hereby setured in the same manner as with Mortgagw without in any way vitiating or discharging the INortgsgors' liability F~err
under a upo~ the debt hereby secured_ No sale of the prem~ses hereby mo.tgaged and no forbearancc on the part of the MORTGAGEE w its successon
or augra and no extension of the time for rhe payment of the debt F~e,eby setured given by the MORTGAGEE or its successors or auigns, ahall operate
to release, discharge, rtwdify change w affect the wig;nal Iiab+lity of the MORTGAGOR herein, either in whole or in part.
10. It is spedfica~ly agreed that time is of the essence of this contract and that no waiver of any obf~gatw~ hereunder w of the obligatan se-
cured txreby shatl at any time thereafter be hetd ta be a waiver of the terms hereoi or of the instrumem secured herby.
11_ In add~tio~ to the fo?ego"~g monthly payments of pi;nc'pal and interest required by the promissory no!e secured he~eby, mortgagw covenants
and agrees to pay to mo:tgagee with each monthly payr.~ent an add~~ional sum est~mated by mortgagee to be equal to 1 j12 of the annual cost of the follow-
~ng:
A-AU real property taxes levied w assessed agai~st thc above descri?~ed rea! estafe.
B-Prem~ums on fire arxl windstwm insurar,ce as herein requ~red to be carried o~ the improveme~ta situate on the above described prem'~ses_
C-Premiums on such mortgage guaranty insurar,ce as mortgagee shail from time to time deem ~it to tarry on the loan secured hereby_
Mwtgagce shail from time to tirrk notefy mortgagor in writir~g of the amount due and payable hereundrr and such sum shall the?eupon be d~e and
Fayabk on the due date of the next month!y payment and each successive month thereafter ur.tit mortgagee shall notify mortgagw of a change in such
amount. Such sums shall be appiied by mortgagee toward the payment of reai property taxes, insurance prem:ums, and mottgage guaranfy insurance
p~emiurtu.
WlTNESS WHEREOF, the said MORTGAGOR has hereunto set his hand a~d seal the day and year first afwewid.
; Seakd and de 'vtred in the presente of:
- ~of cs~.n
Lee Anderson sn
,
~ a..e. ~ e~2B~--~c~0
Bobbie Lee Anderson ,~n
STATE OF FLORIDA ~
St. Ll1C1C
~OUNTY OF
Before me pcrsonally appeared I.e@ AII(j@lSOA
Bobbxe LQ@ Ari~ZSOII h;s w~fe, to me well k~own and known to me to be
rhe individwls described in and who e:ecuted tt~e forego;ng instrument, and atRiwM,tedged before me ~hat they executed rb~ for ths pwposes
therein ~~.~,~d. a~,a et~ 8obbie Lee Anderson ~ •.•.x~i:~ .
w~r~ of rhe ~;d Lee Anderson t~
~i~~e and priwte
e,cami~atan by me taken separate aod apsrt from her said husband, stlcnowledged to and befwe me that she execv ' ~q~y~} ~nd velon.
tarily and without ~ny computsion, constraint, spprehension. or feu of w from her said husbsnd. '~)r~,.~'~,~c'~.: f•.~ =
WITNESS mr hand and officiaf seal th:s ~o ~ f dsy of r 11 f
, 19 72
• . . .
; z,
' Notary Public in and fw tbi~~ " "~~~p
.
My Commiuion expires; i-`•; ''t ~ ~r .
y
Return To: n«r d'AARIDAatIAiME
F i
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a l S a r i n g s 3 t o
a n /
l s s o cia t~on N1! ~ ES SEPT. 25. 1975
Of Fort P~erce. gp~~ ~ ~
Fwt Pierce, Florida ~ ~
t1~E~ ~N~ aECpRpEo
This Instrument Prepared By John k*. Collins iT•IUCIE COUNTY f1A.
ROGER POITRAS
First Federal Savings 3 Loan Association CtERK CIitCUIT COWIT ~
of fort Pierce ~ Florida 11ECOR0 YERIFIEO
Checked By At~ t6 12 wy PM
aoo~ 201 ~2119 2~os8
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