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3. To p':ica ~~~d contin~oui~y keep on the bui:dir.3i now o~ heresfter a~tuate on sa~d land and on a:~ equ~p~nent and personally covered by this mor
e~e. w•!th a!1 pr~n,~u:ns rh~~reon p~ d,n lull, t~rr ins~ro~~cc m the usi,al s!~r.d~rd po;~ty lorm. in a s~,n J` VfOVCd b/ tha MUR~G:.GEE. aud windato
ns~rancr rha ~s~ai :ra•,d.,rd po:.cy forn;, in a sum app~ovcd by ~he MORTGAG~E, in such company or compan~es as the MORIGAGEE ~n
~i.~ect; and ali f~rc a~.d w~nds!orm ~nsu+ance po:~c~es on any oi sa~d buiid~ngs, any interes~ thcre~n or part th~reof, in ihe a99r, ga~e su~n atoresa~d
~n excrss ih~•~cof, sh3li :onr;in ~he usual itondard mo~tg~gee uause or such mher clause as the Mortgagee may rrqu.re, making ~he wss undrr sa~d po
: es, each and e~ery, pa~;.b'r to sa~d ~ti1pRTGAGEE as ~~s inter~~st may appear, a~~d each and every :~ch po:~cy sha:l be promptly assg~~cd and de:~YCrrd ~
any hrid by sa~d A'.ORIGAGcE as lu~~har security ~o sa~d n:ortg3ge debt. and, not less Ihan ten (10) days in adva~ue of the eaplrat~on of each polcy, ro d~
..le~ ro s~~d kIORfG~~G:E o renev:a~ thereof, togeiha~ with a rece~pt for the prenuum of such renewa!; and ihere slw~l be ~w f~re or windsro~m insuranc
~ced on a~y of sa~d 'ou~'d~~~9:, any interest thcre~n w parf thereof, un:rss in the form and with the Icss gaysbte as afcresaid; and ~n il~e eveM a~y w~
~r n,oney brcanes pa~ab~e vnder wch policy or poGcies said MORTGAGEE sholl have the opt;on ~o rece~ve and apN:y tha same on accoum o1 the indabtcd
e,~ss sec.,r«J hcr~•iiy or to petm~t s3~cr MORTGAGORS to teeeive drd uSB if Ot dny p~~~t th-~:cof tcr e:^~~r ~:vr..~~srs, ~~..+nGut th u: ~v..~v~ ~•~~p~~r
:n~ ~ny equ~ty, I~en or rlght ~nder or by virtue of this mor'gage; and in the event sa~d MORTGAGOR$ sha!1 for any ~~ason (ai! to krep the sa~dpremisas so
r surcd, or fail to d_iiver pro~nFit(y any of said poiieies o4 ~nsurante to sa~d MORiGAGEE, or fa~t p:omptly to (~ay fui~y any prr~~~~.~:n theritot or in a~y
re;u~~ct fa~I ro perform, d~;ch~rge, exrcute, effect, canpk~e, co:nply with and a:,ide by th~s covenar~t, or any p.3r~ hareoi, sa~d IAGRiGAGEE may p~ace a o
for s~ch insur•,nce or any part therzof without waiving or affecling any oplioo, lien, equ~ty, or right u~d_~ or by virtue of this hlo~tgage, and thc
a~;~ovnt of each and e.ery such pay~nrm shall bc ~~~;mediately due and payable and shall bear interest from tha data thereof until paid at the ~ate ol
.e p~~r c•_n!u~n per annu:n and r~~,tt~:r v.i!h such inte:est shai~ be secure~ by the lien of this mortgage.
Q. To permit, commit or suffer no waste, impa~rr.ient or detrrioration of sa~d property or any part thereof.
5. To pay all and singutar the costs, charges and expenses, in;tuding a reasQnable attorney's fee and cosrs of absnacts of Iitle, incurred or paid at
t~~•~e by s~~d h1URIGAG:E, because or in the event of the fa~iure on ~he part of the said MORTGAGOR to duiy, p~umptly and fulfy pe~form, d~sthargr.
.-cufe, effeu, cen.plrre, comply wah and ab.de by ea.h and every the stip~lai~ons, agreements, conditions, and covenants oi sa~d prom~ssory note and ihis
orrgag~ any or e~ther, a::d s~.d costs, charges and eapenses, each and every, shall be immedialely due and payab;e; whe~her or not rhare be notice d~
a-,d, att~.~,pt to co,l~-~ct or suit pend~ng; and ~he full amount of each and every Svch paymenl shall bear interest 1rom the date thereot ~ntil paid at the
n.ne uer ~~~Il1UR1 p~~r enn~:~~; a:~c'. ali sa~d costs, charges ar~d exaenses ~ncurred or paid, logelhar w~th such interest, shall be sxured by the lien of th~s
~ errgage.
6. That (a) in the event of any breach of this Mortgage o? default on the part of the A10RTGAGOR, or (b) in the eve~l any of sa~d sums of money
!•~~ein referred to be not pru~~~p~:y and lu;ly paid ~vi+nm th~rty (30) days nex~ a'~er the same setie~a'ly beco~ne due and payaUle, without demand a notice,
; r,c; in thr event each and eve~y ~he stipufat~ons, agreements, cond~s~ons and covenants of sa.d promiswry note and th~s mortgage any or eithe~ are no1
;~.y, pra.~p~~r and lulty performed, d,scharged, ezecutzd, effeded, complered, compl~ed with and ab~ded Sy, then in enhe~ or any wch event Ihe sa~d ag
•_3a!e sum ~nent;~n_d ~n said pro:nissory note then remaining ~npaid, with interest accrued, ard a+i monrys setwed hereby, shall become d~e and pay
fo~th.vith, or ihereatTer, at the opr;on of sa~d MORTGAGEE, as fully aixl comp;ete~y as if a~l of the said swns oi money were cnginaNy st~putated
h•~ pa d un such al:y, anyfhing in sa.d p~om~ssory note or in this Mortgage to the conrrary not:,~;rhsrand~ng; and thcreupon or thereafte~ at the opnon of
, i MaRTGAGEE, wnhou~ nonce o~ demand, su~t at law or in eq~~ty, the~efore or thereairer begun, may be prosecu~ed as if all moneys secured hereby
a matured pr,or to ,fs institution.
7. That in the event tnat at the beginn;ng of w at any ti~ne pending any suit upo~ this Mo~t~age, or to foreclose it, or to reform it, or to enforce
;,;•.:enr of any c!;,vns he~eunder, sa]d MORTGAGEE snal! apply to the Co~n having ~urisd~ct~on thercof for ihe appo~ntmem of a Receiver, such Covrt shai!
,r1,:.~:h apFC~nt a rrceiver of said mortgaged prope~*y aIl and singular, includ~ng all and singuiar thr ircome, profds, issues and rever.ves irom whatever
-cr der~.ed. eecn ar.c! every of wh;ch, it being expressly undersroed, is hereby morrgaged as ~f speof,cat'ry set forth and described i~ the g~anting and
end„m ra.~ses hrr:rof, a~d such Receiver shaU have ail the broad and effecr~ve fvnct.ons and po.ve~s in any.v~se ent~vsted 'oy a Cou~t to a Receiver, and
3f;p ~~~n~:, enr sn~u be mrde by such Ccurt as an ad nitred equity and a matter of absoiute rght to sa~d MORTGAGEE, and without re(erence to the
.~_~,cy or ~~.ad~~quacy of tha va~ue of the properry morfgaged or to rhe so.vency or ~nsoivency of saEd lJtORiGAGOR or thr defendents, and that such
~ •s F~o`:ts, ~nco.ne, ~ssuas and revenues shalt be applied by such Receiver aciord.ng to the ~ien or equity of said MORTGAGEE and the practice of such
_~Uf~. '
6. To du'y, p~OmFt!y and ful!y perform, discharge, execute, effect, complete, comp{y with and abide by each and every the stipulations, agreements,
:f:~~ons and covena:vs m said pro:nissory note and th~s mcrtgagr set 4orth. ~
9 Th;t m fhe eve•~t the ownership of the mortgaged premises, or any part the~eof, 6ecomes vested in a pe~son other than the MORTGAGOR, the "
:'QT~,AG~E. ~*s s~ccesso~s and ass~gns, may, w~thout nonce to rhe ~\50RiGAOR, deal w~~h such successor or svccesso~ in inte~est with reference to this
~~gayc a-~ti vnc d_uf nereby sewred in the same manner as with Mo~tgagor withoui in any way vit~ating or d~scharg~ng the ~lortgagors' liability here-
._r or u~on rfie de:,f hereoy sec~red. No sa:e of the Fre:nises hereby mortgaged and no iorbearance on the part oi the /AORTGAGEE or its successws
.,ss;g~~s a~d ^o exre~~s~oo ot rhe :~me for the payment of the debt hereby sec~.ed given by the 1dORTGAGEE or its successo~s or ass~gns, ahall operate
~~e~evs^, d.scha~ge, mod~fy change or atfect the orig~nal liau~ldy of the NORiGAGOR herein, either in whole or in pa~t.
10. It is spec~f~caii~ ;areed tfiat time is of the essence of thes cororact artd that no waiver of any ob~igatlon hereunder or of the obligation se-
~~_d hereby sna:~ at any tin:e thereafter be held to be a warver of the terms hereof w of the instrument secwed herby.
1!. i~: ..•;_i ,~o the fcreqc ~7 ~nonth!y paymcnrs of p~inc pal and inrerest requlr~d by the prom sscry no~r sccuied hcreb~, mortyagar covenants
•..,~-_~s p.,~ to ~~:c-ty jgee r.ah eacfi ~vonrh!y pa~~ .ent an add:rionat sum ~~ss!:-,ared by mortgjgee to be equai to 1 12 of tttie annual cost of the follow-
A-.4'.; r. a: prop~:r!y ta..~s le;~_d or assrss_d agai•~st th_ above d~svibed real estate.
6 Fr ^s o~ fire and w~~~ds~or~n ~r.s~rarca as he~ein requ~red to be carried on the [m~:roveme~ts s:tuate on the above descr~bed premises.
C Prc •-u~~ s o•~ s.,cn rncrtg ge gvaranty ir.surauce as mo'tgagee sha~i fre~r t me to time d~em fit to carry on the loan secured hereby.
,:.or•_~;_~.•e s':." ' c~-, r~ te !~~~-.e no'~fy mortgagor i~ writing of the an,ou~t du~ and payabte hereundrr and s~cii s~rn shall Ihereupon be due and
~ oo r~., c;• c.•- et rhe ne,.t n:oMh:r payrnent and each successive -ronth thereaft~r uctii mcrtqagee sha!I not:fy mortgagor of a chan~e in such
,~v. Sucf, su:~ s<< i;_• ar~ ica by mortgag~:e fo~~ard the paymem of rea! property taaes, inwrente prem:ums, and mo~tgage guacanty insurance
~ . •~.w~r,s.
Iti :JITNE~S l.NcR~Of, the sa~d MORTGAGOR has hereunto set his hard and seal the day and xear f~rst aforesa~d_
~ $fgned, Sealed aad de!ive~ed in the presence of: v
~G/1L' . `G'L (Sealy
~ ~ mma Lee Miller ~~aq
~ ~ _ ~ - _ ._i - (Seal)
{$esl)
~ C -
=,?E OF fLORID.A
~ SS.
~•lrr oF St . L~c ie ~
Be.'~re me personalfy appeared _ Fmma I np Miller ~ a sinol ddtllt 3~
~ ~c~'~to m~ well known and known to me to be
ind•.~dua: desu~c,d in and who executed the foregoi~g i~strument, and acknowfedged before me that~he executed the same fw the purposes
g ~ _•~in expressed. ~d7~a%d
~ SYft4~=~~~OS~ _ - - -331pqO~dCi10m~E'~~~B~C
: am mat~ ~mc ee cea s~~ asc mid~Pat~fae aid~so~msd~~e~a~d~Lg~a aod~taa~ sts sa~e~~et antmment #r~~ne~
= a~ ~ ~~t ~ at~ ~aycmmptidsma ap~mmer~ or_5s~ ~ ac~cs~ ~m~~ V'G ~ L -
~ ~"~IT?~E55 my ha~d and offic;al seat this_ ~O day of /~U USL ' ~~A. 0=19~?-
~ tary Public in and for tFw State ri arge .
~ y Comm~ssion expires: HOL~^" "~p. ±~.«RGE
:
Retv.n To: ~!Y i ~ _ ,?75
3 ~ I~:.s: : ~ t ~ rs.
~ i[rst Federal Sa~in,s 3 loan Assoeiation ,~3520~re - r • •
P
~ ~ - , - . ~ -!.1 JS:
F, F. 3
~ FI~EO ~yo Recotio¢o . ~
~ ST. WCI: COJMTY ~LA.
~ ROCE:~ POtTRAS
~ CIEAK G: :CUI* COUIIT
Th;; Ins!rument Prepared By Richard K, Kayes qE~~R? v_•~~F~E7.....~~~
~ F~rst Federal Sav~ngs 8 ioan Association ~
~ /oj Fort Pierce ~ Florida ~i) ~ 2 ~6 PM ~~Z ~
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Check~d BY ~
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~ BOOK~OV PAGE 3~`!
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