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9. io piace ~nd com~nuouaty 4ecp on the b~~'.i~ngs ncw or her,:efrrr s~~uate on sa~d Iand and on aL' rqu~r~neN and pe~sona!ly coYered by Ihis mortg•
ege, w~th all prem~~n~s thareon Ha.d ~n tu!I, t~re inswonce ~n ~he ue~al s~andard po:~ty form, in a sum approwed by ~ha h1VR+GAGEE, and w~~sds~o~m
~nwrance in Ihe vsuol ua,idard po:.cy Icrm, in a sum apE»o+~ad by ~he MORTGAGEE, in such compa~y or compames as ~he h102TGAGEE may
duecr, and aii ii~e and w;ndsronn insuranca pot~ors ai any oi sa~d ~,~Id~ngs, any interast therem or pan tho~eof, in the agg~~ga~e wm aforesa~d or
in eacess the~eof, shall conrain ihe uwal s1a~~dard n}orf~agee cl;use or such o~iur ctause as rhe Mortgjgep may ~eGu.re, mo?ing ~he ioss unJe~ sa.d poli-
c~as, each ond every, pa;~~!e to sa~d AIJRiGAGEE as rta ~ntzr.•st may ap~ar, and each and every s~ch po:~cy sha~l be promptly assg~~ed a~~d de~i~a~~d ~o
eny held by sa~d h1pRiGAGEE as fwrher s_curiry to sa:d matgage debt, and, not less then ten (10) days in ad+an:e oi the expirat~on of each pol~cy, ta dr
l~ver to said A10RiGA(',EE a rznee,,al thereof, togrther wrth a rece~pt for the prr~»~um oi such ~enewai; and ~h~re at,ail be no fue or w~~~dsto~m ins~rance
placed on any of said b~~td~ngs, any int~res~ there~n or par~ thNreof, un!eia in the fo~m and with ~he ioss payable as aioresald; and ~n the event any sum
of money becanes payabte under s~ch palicy w poGues s.+~d MORTGAGEE sh,;ll have ~he oNt:on ?o ~etrtve ~nd ap~~y the sarne on accoun~ of ~he i~~dr~~~d-
neu sewred hereby cv to permn sa~d MORTGAGORS to recaive and use il w any part ~he:eof ior o,n<~r .,,,rr~s~•s, .:Inr:..! th:~.,,r w:~.~~;, or ~~„puv-
~~g any equ~ty, lien or r~gM under o~ by vhtue of this m~crgage: and in the evrnt sa.d MORTGAGORS shall for any ~eason fai! to keep the said prem;sas so
,nsvred, or fai! to dr!~ve~ prompdy any of sald poi;eies of insurancr to sa;d MORiGAGEE, o~ fa~! pro~~ptiy to pay t~l~y any pr~mi~m therefar or m any
reipac~ (ail ro pe~form, d~s.harge, execvtz, eflect, ca,~ple!r, co.^.,ply wi~h and abide by this covr~ant, o~ any par~ hareo{, sa~d MGRTGAGEE may piao~ a~.d
pay fw such insurance or any part thereof w~rhout a•aiving or a(fectinq any opGon, lien, equ~ty, or r~~ht under or by virt~e of this Mortgage, and the
f~ll arnouro of each and rvery wch paymem shall br immediately due and payable and shall bear iroe~esl frpm the date thereof un~i1 po~d at the rate ol
n~ne per tentum pe~ annu:n and toge:th.•r v~~th such intcrest shafi be secured by the lien oi thi~ mortgage. .
4. To permit, cOmmit o? suffer ro waste, impairment w deterioration of said properfy or any parf thereof.
5. To pay aR and singutar the cosls, charges and axpenses, fncluding a reasanable anomey's fee and costs of abstracts ot title, inwrred or paid at
~ny time ty sa~d MORIGAG'.E, because or in the evem of ~he fa~Iv~e ori the part of the said MORTGAGOR ?o du~y, pranp+fy and fuily perform, d~scharge.
~.ecute, effeu, con,p:ete, canpty wrth and ab:de by ea:h and every the supulat~ons, agreerne~ts, cond~t~ons, and cove~~anrs oi sa;d pro:nissory note and th~s
rortgage any or e~ther, and sa:d cos~s, chmges and expenses, each and every, sha11 be immed~ately due and payab!e; whe~her or not thrre be noTice da
mand, atte~npt ~o co~Iect or wit penci.ng; and thr tult amount of each and every wch paymenl 3ha11 bear interes~ from the date thereot untii paid at the
<< o~ ~zine per c~r,:~-t, per an~~,.:~~; ar~c dt~ sa'~d costs, cha~grs e»d ex;:.~nses ~ncurred or paid, t.~gathar w~th such interest, sholl be sewred by the iien of th~s
morigage.
6. That (a) in the eveN of any brrach of this Morrgage or default on tF~ part of the ,Y.ORTGAGOR, or (b) in 1he eve~t any of sa:d sums of money
herein referred to be ~~or prornpt7y and tully paid wifh~n thuty !30) days next aiter the same severa:~y become due and payable, withovt demand or norice,
or ~c) in the event each and eve~y the st~pu,arons, agreements, condinons and covenants of sa.d promissory notr and th:s mortgage any w either are not
i~ly, prompdy and fvtly perfonned, d scharyad, e~ecvt~d, effeued, compteted, compl~ed v.drh and ab~ded `ay, then in e.ther a any s:,ch evem Ihe sa~d ag
g~egate sum mentioned in sa~d pron,~ssory ncre ~hen remaining unpa~d, with interest accr~ed, and all moneys secured hereby, shal! become due and pay- ~
a~:e farthwirh, or ~herraffer, at the opr~cn of sald AtORiGAGEE, as fully a~d compterely as if all of tha said wms of money vvere or,ginatly supu.ated ~
r.~ 5e Fa~d on such d~y, anyth~ng in sa d pro::~;sswy nore or in this Morrgaye to th~ conirary notw~ihstand~:.g; and the~e~pon or thereafte~ at the opt~on of
s~ d MORTGAGEE, without nor~~e os demand, suit at iaw or in equify, thereiore or thereafter beg~n, may be prosecuted as if all moneys secured hereby
?-d maNred pnor to ~ti fnstitution.
7. Thar ~n the event rhat at rhe bey~nn;ng of or at any rirne pend+.~g any su;f upon rhis Mortgage, or to ioreclose ii, or to re(orm if, o~ to enforce
Faymenr of any c!aims hereunder, said MORT~,AG~E sha!I epNty to the Co~~~ having ~unid.ctlon thereof for the appouit~r:em of a Receiver, such Court shall
iorthw~th appo~nt a ~eceive~ of s~id mcrtgagrd property aI! and singular, inciucl:ng a;f a~d s,:.g~lar rl:e income, prof~ts, issves ard reven~es from whatever
se~.cr derived each and every of wh~ch, ;t be,ng expressiy ;,ndrrsiood, is hereby mortgaged as if spec~ficaiiy set Sorih and descnbed in the granrir,g and
F•~bendum c;auses her~of, and wch Rece~ve~ shail have all the br~ad and effecnve fu~ct.ons and powe~s in anyw~se e~trusted by a Cour1 to a Recaiver, and ;
s_ch appoiniment sheti be made by svch Court as an ad+~~i~?ed eqvity and a maffer of absolute r~ght to said MORiGAGEE, and without reference to the
e~lequacy w inadzqua~y of the va;ue ef ~ha prope~ty mortgaged or lo the so:vency or ~nsoivency oF sa;d M.ORTGAGOR or the defendants, and ihat such
~rs, proiits, income, issues and revenues shaH be apptied by such Receiver accord+ng to the lien w eq~ity ef sa~d MORTGAGfE and fhe pract;ce of such
Court.
8. To du~y, promptly and ful!y perform, d~sch~rge, execu!~, effec~, comptete, comp;y w~th and abide by each and every the stipuiations, agrecments,
;e^diticns and covenants in sa~d promissory note and th~s mortgage set forth.
9. That in the event the ownecsh~p of ~he mortgaged premises, a any part thereof, becomes vested in a person other than the MrJRTGAGpR, the
ORTGAGEE. Ns successors and ass~gns, may, w~~hout no!rce to fhe .lUORTGAOR, deai w~th such successor or successo~ in interest wi~h reference to this
~~~~~gage and the debf hereby sewred in the same manner as w~th N,oregagor w;thout in any way vitlating or d:uha~g~ng the Mortgagors' lia6i6ty here-
de~ or upon the debr hereby secu-ed. No sa'e oi ~he prem~ses h~reby mongaged and no forbearante on the part of the ~110RiGAGEE or its successws
er as:igns and no ex!ens~on of fhe ti;ne ior thr payment of the debi hereby secwed 9~ven by the MORTGAGEE or its successors or ass~gns, a~iall operate
~o release, d~scflarqe, mod~fy change or atfect the or~g~nal fiao:i;ty of the MCRTGAGOR here;rt, eithe~ in whole o? in pa~~.
10. h is spec~f;ca~~y agreed that ri~ne is of ehe essence oi this conf~act and that no waiver of any ob~igarion hereunder or of the obligation se-
:ured hereby snal~ at any ti~,e tnerrafter be hefd to be a wa~ver of ~he terms hereoi w of the instrument sewred he~by.
11. In add r!~n ra the fwego n9 ,r.c:ntr'.y Nay•n~nts of princ pal and in.rrest requ~red by the prom'sscry no~e se.ured hereb~, mo:tga~~r covenants
+ d agrees fo pay to mortgagee weth each monthiy pa~~,~ent ar. add~rional sum esn:nated by mortgagee to be equaf to 1 ly of the annua) rost oi the follow-
A-AR r~al propert~ tax~s lev~:d or ass•_sced agai~~s• the a:,~ove desai~cd real estate.
B-Fr~miums or, f~rz ar.d w~r.dstour, !ni~ra~,~e as nerem req~~red to be ca:~ied on the :mproveme~ts s~tuate on thc above described premises.
C-Pre~n;ums on such mortg:,ge guar,nty icsura~.ce as mo-tgagee s~a~f fro•n r me ro time deem fit to carry on the loan sec~red hereby.
/dortgagee s~+a?I from r~me to t~,ne norify mcrtgagcr ~n writ~ng of the amount due and payable hereundrr and such su~n shail tnereupon be due and
.~:able on the doe dare of the ~~ext n:o:,rh:y payment and each s~ccessive month thereafter uc~il mcrtgagee sha!1 notify rrwngagor of a change in such
~unt. Such su:ns sF.a~i be aNF:iied by mertgag:e ~ov:a-d the pa~ment ef real property taxes, +nsurance prem.ums, and mortgage gua~anty insurartce
c~~•e~niums.
IN YJITPJESS Y.HERzOf, the sald h10RTGAGOR has hereun!o set h~s hand and seal the day and year first aforesaid.
Signed, $ealed and defivered in the presence of: ~ ~
~ + ' Benja n F. Rose ~~a~~
w. nes s , ~ t5ea4
(Seal)
? v'' ~ Rut h W. Ro5e (seaq
5 ~ iE OF ~t120 ~
~JU:VTY OF Ci'JTC-C•~r~(,+y 55'
1
Before me persona{iy appeared Beniamin F. Rose and
RLLh lV RO his wife, to me welt known and known !o me to be
~ individ~als describ~d in and who executed the foregoing instrument, and acknow(edged before me that they executed the same for the purposes
rherein exp~essed. And the said ~~~h W~(~gSe
r.~~e of the sai~) ~Q{1~aIIt3R F~ (~tICO upo~ a sepsrete and private
e.a~ninat;~y~ri_n14 !~icen seParate and apart from Fer said husband, acic~owiedged to and before me that she executed said instrument freely and volum
~ af .w~~hout ar~y compulsion, canstraint, apprehens,on, or fear of or from her said husband.
;YJliNESS /rSi~{tand and o(f~cial sea{ this__ ~5 ~h day of r1 vember A. D. 19
~ . ~ ~2
. - - - - ~
~ Notary Public in and for,the State of ~_1Qt large
My Comm~ssion expires:
Re~urn-To: MARIE l. ROTE3T, P:~ta.y Pub~?C
f'us! f~deial S~t+ngs 3 Loan Aswciat.on '
. In eng Ior ~•.~:g:•:cr~ is co::r;~ies ~nio
~ - Of Fo•t P e:t~. ~ ,
~ Fott ~+~rce. F~cr~d3 h~y ~omcn ss;on upires Uct 26. 1975
242954
FuEO •Ke ~ ~c~aoEo
This Instrument Prepared By Richard K. Kayes ST.IUC?_ '.,)L'11T11 f~A.
First Federal Savings 8 loan Association ROG= -="TRA$ ~ L"
of Fort Pierce Florida CLE~.K ~,~,Gt;,~ COURT;,~LI''
~ P.F!'Q~.~ :'F~"f r[}~~
Checked By ~ ( p 17 ~M ~7~
~7
~~'t*~~VU aAI~E~~~
~ ~ _ . _
~ Y : "y 4
~ '~1 _ " 3 =4,a~ .
~~cBL„3txx~~.~~~~ ~s~~*~ ~'ur.~~~
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