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io pl«• •nd co~t~nuov~ly l~~p on ffw (wrd~~q~ no« a Mr•~h~~ ~+~wN on ~,~d ~~nd ~Rd on a~l eqv~p~.rm ~.+d pawn~lly <orK~d b~ eh~f nwr
p~. w~fA ~fl p~m~wn~ ~hrreon ya.d ~o !u!!, }~r~ ~o~„~~~u~ .n rr.~ u~•,a~ ~u~dvd yw~Kr lam. ie • ~vm •~.~rowd b~ ~M MOR~G~?GEf. ~r~d w~nd~~o
~nw~MC~ in ~M u~wl ?+~nda~d pol:cy lam, in a w,n •~~o..d bY ~M N10RTGAGEE. in ~ucA co.rVu+y w to~.~p~mN N~M MORIGAGEE w~
dK~aJ ~nd ~II fu~ ~.+d w.ncha.m ~~w~~~+c~ priK»~ on ~ny ol fad b~~rd~~q~, .nr in?~~~~~ ~he.e,n a pu~ ~M~wl, in ~I» pprep~~~ w~n •fa~N~d
in uc~s~ thrreol. ~MU con~sm iM uwal au„d,?~J mor~~~~ c~,~s~ a s~,ch o~hH d•~?~ ~M Ma~Q~ye~ m~y requ.r~. nw\n+p Hv ro» u~d~. a.~d po
tief. ~ath and ~v~ry. paYabte ro ~~~d 1Nt7RTvAGEE a its ~r.~cres~ may ~ar, ~~.d exh a~~d tvery sych po',cy fhatl b~ p~ompuy ~tt y~ed ar+d dei~vcied 3
sny M'd by t~~d MQRlGAGEE ~f ~v,~he. ~~cv,~~~ ~o ~~~d ~,~a~p•p~ dro~. •nd. no~ I~s~ ~han ~en ~t01 days in ~d.u~c~ ot ely ~~puNao ol each potKy. to d '
IivN Ip ~ad MORIGAGEE • ~~n~w~l Iherwf. ~o~d~ w~th • ~eta~p/ la ~M prNn~wn ol sv~A renew~al; ~Mr• fhall ~ np I.r• or w~~~d~~am iosur~nt
pl~c~d on any oi w~d bu~Id,nq~. ~ny ~~ser~it ~i~e.a~~ a pa.t rAe.eof. vnksi ~n eh~ lorm ~~,d w,rh ii+e ~os~ par~ble as ~fw~fa~d; and i~ the w~~~ aoy fuR
01 enway beco~nes payab~• u~+da. s~ch po~Ky a pol,c~e~ ia~d MORTGaGfE s~aN Mw H.t op~~on ~o •KC~ve e~~d appty ~ha sar,w en ac;e„m ol ~M i~xleb~rd
n~a iecw~d h~repy p b pltmit sa~d lNOitTGAGORS w ~cce~ve and us~ it p•ny par~ ~f,rrcol tor o:n~~ ~.V~~ OfCf, 1Y~~F~O~i~ eh,•. o~ wa~„ u~ ~•+~p.:~~
ir~q any ~q~,;~y, l~en a righ~ u~dcr or by vi,~w of ~hii mo~~yago: x+d i~? tM ~ven~ u d MORTCs.1GORS sl+all fa any reason fail ro kerp ~h! laitl pr~mitM f0
:nau~ed, or !ail w d~liva pranp~ly any of sa~d polK~es ol ~nsu~anca to sa~d N?ORTGAGEE. w f~~l promptly ro pay lutty an~ prem~~m therafq a ie any
~espec~ (ait b pNfo?ny d~uM.ge, ~aecuts. effect. cornpteet. canply w~+h +nd ab~da by tlua covenan~, a any per~ h~rreol, sad MORIGAGEE may pl~ce a~d
paY (a such inswanc~ a any parf ~Mreof w~~hou1 waivin,~ w alfec~inp any op~we~, I~en. pu~ty. n+ r.qhr unde. a by vie~w of ~h;s !Ao~~gaye. and the
4u11 amoun~ of each u+d ev~~y such paymeM shall b~ immed~a~cly dv~ and paYab?e and sh+ll bear i~re~es~ from ~M dar~ ~hc~eof unril paid at th~ ra~~ ol
n;ne pa cenrun+ per annum and to~e~her w~rh such inrc+es~ sMt~ be secured by tM Iwn of ~h~s mort~qe.
1. To pamit, commit w avffer no waafe. impairment w detcno~atan oi sa~d prope~ry a any part Ihereof.
5. To pay all and sinpula? the costa, cMroas and e~penaes, in:l~ding a rcasonabk atrorney i fee and cos!s of abstracn of title, incvrred w pa~d a~
any ~ime by sa~d MORTGAG:E, becauae a in ehe ~ve~?t of the fa~fure on ~he part o( rlw sa+d MORTGAGOR ro duty, p~omp?ly and f~lty perlorrt~, dixharq~.
execute, effM, complcM, comply w~~h and ab:de by sach and every the sr~p~latwns, agrecm~nn, cond,t~o~s and covenann ot sa~d prom;ssory note and ~his
mort9age any w e;tAer. and sa~d cos+s, chuges and eapcnses, each and eve.y. sMll be immed~ateJy due and payabte: whe~hcr w nof rhere be ~otice d~
mand, atrempt to colkc~ a wit pend,ry: a~d tAe full anwu~t of exh and every svcA paymem sf~all bear ineeres~ from ~he dale thereot until paid a? ~he
rate o~ nine per crntum sxv ann~..~n; trw a~1 yaid costa, charg~y a:~d ea;x~lus incwred ot paicl, togeti?e+ w~~h such inttrest, shall bs secured by the lie~ of thi~
mort9ag~.
6. Thaf (a) in the evene of any brcach of thia Matqage w dafauh on the part oi the MORTGAGOR, o~ (bT in the event any of ss:d sums of money
he?ein ~eferred to be no1 prompNy and fv11y paid wiihin ~h+rty l30) days next attr? the same uvera~ly become dve and payable. without demand a no~ice.
or (v in the evenl each and every ~he stipu:atwns, agrecments, cond~t~a+s and covenann of sa:d prom+sswy ~ote and 7h;s mdtgage any a eitAe~ are not
~uly, promptiy u~d (utly perfwmed, d.xhar9rd, executed, effected. compteted. compl~ed w~~h and ab~ded 5y. thm in e~ther or any ivch eveM Ihe said ~g
gregate wm mentaned in said promissory ~ore thc~? remaining unpa~d. w~th ~~teres~ accrued, and a11 moneys secured hereby. shall becn.oe due and pay,
able forthwith, or there~aftcr, at the opr'an of sa;d MORiGAGEE, u ivUy and comple~e~y as if all oi ~he said sums of money were wiginally st~pulatcd
to be pa:d on such day. any~lung in sa:d prom;ssory r.ete qr in th~s 1Nargage ro ~he conuary notw~ihseanding; and therevpon p thereafta al the op~ion of "
said MORTGAGEE. withouf not~ce p demand. suit at taw or i~ equiry. fAKlfO~! d thlfNfiN begun, may be prosecufed a if al! moneys secv~ed hereby
had matwed pr~q ro ib imtitution.
7. That i~ the event thaf at the beginnirg of w ~t any t~me pendi„g any w~t upon th]s Mortgage, p t0 fOtKIOi! it, a ro reform it, or to enlwce
payment of any cla~ms Aereunder, aa;d MORfGAGEE sha~l appty to tAe Court having jur~sd.crion the~eof tor ~he appantmenl of a Receiver, sucA Court shall
Forthwith ~ppoint a receiver of said mo~tgaged proptrty ai: z.~i :~vlu, includ~ng aiI and s~~gular tFK income, proiin, iuues and revenves from whatever
s.~urce derived, each a~d every of wh~ch, it be~ny eapressly u~derstood, is hereby mwtgaged as if spec;ficalfy set fonh and destribed in the granting and
habendwn dauses hereof, and such Recei,rcv shatl have atl ihe broad and effective funcr.o~.s and po..ers in a~yvr~se entr~sted by ~~ourt to a Receiver, end
s,>ch appointmc~d sha11 be made by such Cour~ is an ad:nitted eq~ity and a matter of absoture rigM ta sa".: MpRiGAGEE, ~nd withaut reference to the
adeqvaqr or inadeqvacy of the wlue of tIx properiy mwtgaged oc to the so~vency w i~solvency of sa+d MORiGAGOR or the defendants, and ~hat such
renn, protits, encaM, ~asues ~nd revenves sha11 be appi~ed br such Recea~e~ accord:,,g ~o Me lien o~ eq~ity of said MORiGAGEE and ~he practice of such
Coun.
8. To duly, promptty and fulty perfwm, dulwrge, e:ecute, effect, comptcte, comply w~rh and abide by each and every the stipulations, agreemenq,
conditioro and cove~snn ir+ sa~d promiuory note and ~h:s rtw~ngagt s¢t fatR
9. That i~ the eveM the ownrnh~p of the mongaged prem;ses, or a~y part thereof, becomes vestcd in a pcnon other fhan the MORTGAGOR, the
MORTGAGEE, in successora and augns, may, w~~ha,t ra:ice to the MORTGAOR, deal w~th such succeuoe w successw in interes~ with reference to this
ma~gage and the debf Aereby secu~ed in the same manne~ u with Morsgagw withouf in any way vit~ating w d~schargirg fhe Mortgagors liability hera
under w upon the debt hereby secured. I~to ule of the Fremi~ herrby me.tgaged artd ra iwbearance on the pan of the MORTGAGEE or its succeuws
w au~9~ and no extensan of the t~me for rhe payrne~t of the debe he.eby aecured q~ven by the N1pRTGAGEE or ;ts successars or ass~g% shall operate
to rNease. d~scharge. nwdify tharge w affect tF+e wig~nal liab,l~ry of the MORiGAGOR herein, either ie~ whok or in p~rt.
10. It is speNficatly agreed that time is of the essence of th7s contract ~nd that no waiver of any obl~gat~on hereunder w of the obligation se-
n:rcd hereby shatl at any time thereafter be t~etd tq be ~ wa~ve? of the tevms Acreof or of the insnument secured he?by.
11. In add:tio~ ro rhe forego r,g rrw~thRy paymenrs of p,ir~c pa! ar~d ;nrerest required by tF~e Prom~ssory no!e secured hereby, mortgagor covenanh
and agrees to pay to mongagee ~w~th each n.oo+h~y pay~.,ent an addaional svm est,mared by mortgagre to be equal to 1;' 12 of the annual cost of the follow-
ing:
A-All real prope?ty ta:rs lev~e3 w asseszc3 aga~•ut the above dezcr+bed real ~tate.
8-P~amc;rms on f;rc and windsrarm ~ns:xar.ce as here~n rrqu:red to be carried on the im~rOVemelts s~t~ate on the above described premises.
C-Premiurt:s on such mort~age guaranty ir.surar.ce as mortgagee sha;t 4rom t me to time, deem fit to carty on th~ ban secured hereby.
Matgagee sha!1 from time ro t~me nof~fy mor~gagor m w~it;ng of the amou~t due and payable hereu~dr~ and such su:n shall thereupon be due and
Fayable on M~e clve cate of tht next ~rh:y payme~t and e~cA svccessir•e momh thercafter ur.til mortgagee s?w11 nolify mortgagor of a change in such
anouro. $uch sums shail be applied by mwtgagre toward the payment of real property taxes, iosurance prem:ums, and mwtgage guaranty insurante
premiumt_
IN WlTMESS IYHFREOF, the sa: MORiGAGOR has hereunto xt his ha~d and seai the day a~d y~st) fint aforesaid,.~
Signed. Seakd and ivered the preser+ce of: ~ r ~J '
l'Se+~
B tty Cl rkson, a single ,~,p
, , adult ( Formerly Betty ~an
Nfelu so ) ~+n
STATE OF FIORIDA ~
St, Lucie
couNn oF
~Fo,~,,ie~„o,,,~iy,~,~ _Betty Clarkson, a sinale ac?ult (Formerly Betty Dtelus0)
-~a? wifs, ro me wel) known _ and ]i~io~vR to ~N to ~l!
the indiv7dwl dex~~bed in and who eaecuted the foregoan9 instrwnent, and ackr?ewledged befon me that She eaecuted the's~iri~ for the purpo~es
~herein e:prcsxd. Ept[tb~ ~ _ •
~.il~ oi ~ aaid_ ir~ai . ; ~ t! ~isdrpirM~
ta+~o~ination b~r. oae lak~eo,s~auta ao~apart frma. eec aa~rihwb+od~ ~w ~.~befo.a-+w?r1.+~ a1K-ex.cw.d-s~i ~nN~w~ •~r
~+~d.~kw~
1~1t~1Y_aDd ~rilh0u~aoY. cACWuls~oo.-~~c+int.~PP~ +~-fear.4f ~fso~Aer-said~+n~l ' - ~ . •
W11NE55 my har~d snd ofPrcwl seal thi~ day of A ril :D,-1'~?
Nota Public irr and fo? a?e of F~oild+ at larQ~
My Comn?issioe~ ~xpires:
Re~rwn To;
fint federal Savin9s i loan Ilssociat:o~ 1(TTrt . .
ot Fort v.ercr. Mv ; ~ ki C~skti~
Fw1 Vi~rce. Ho+ida Vr!'Z..L i~...:v+..: _ {7 - ;
~Y"'
F1~EQ ~?ND aECOROEO
This InstrumeM Prepared By Richa rd K. Kayes s` `~~E ~pt{NtY F~A. ~
First Federal Savings b loan Association aoGE~ P4i~R~S
of Fort Pierce ~ Florida CtEAK~p`;~
EO COU~t
p~ClRO v . .
Checked By - 2,is PN'~Z
~1
pR ~i~~7 ,
600K ~ P~~iS
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