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3. io p:a;e and c~.~r::,~nusiy 1.eap on tr~c b~i!~' n~s no~:+ w Ftre;rt:r s~ruota cn s: d~~nd an.3 a~l ~q~~p~nrnt ~nd par:ona~l~ :o.rr~d uy 1h~t mar~g-
w;ti~ all prem~,,.n~ Mxr~on p,.~ ,n (utl, i;~e ~ns~~::ue .n ~he us•lat sfa~:.~.ard pot~cy fo•m. m a s~~T dpp~~vdd bY ti:e A1J~2tC,AvEE. r~d w~:+ds~am
;nfvran;t in Ih~ ~s~al irar+d~rd pa:.cy to~rt~, in a sw* ay,:ov~d by the MORTWIGt~. in Ruch cu:~,p~ny or com~~:es at tlK Mokr~aGEE ~hay
d~recr; and aN fire ind w.n~sto~m irs~•ancs ppl:c~es on any of said bu~id~n9~, any inte~est therrin ~ part tl.ereof. i~ rhs agyre~a~a s.,m afae;aiJ u
txceu the:eoi, ih.tl conf~;n ~h~ usv.~ ~ta~ ~ard mortgaya+ c:a~se a such e:her c~a~se is ~l~e Mortg~gre m~y rcqu.r~, ma?~n~ ~hs tais unJrr ~a~d poti-
:~cs, aa:h ar~d ~Yer~, payab~~ to sa~d A\JR7GAvEE ~s .rs ~~rr~ast m,~y appe~r, a:t~ each ar.d every i~cA p~~:cy s'~a11 b= pr~nptiy assg~rd a~~d ce:~.er.•d ro
•:,y he~d b~ ~a~d MARi3AGEE as fwihe? secv:~ty ~o sa~d moregs~e debt. ar.d, no~ lau ~Fwr, ren (10) ds~i in ad.arsce o1 tf+e esp~ranan of e:ch r~ul~ty. ~o dr
~~w~ ~o s.+~d tAORTGAGEE a+enewal tiwr.af, toge~htr w~~h a rece~p~ fa tM pr~m~urn ot svcA re~raal: and tr.are shall be rto f:re or w;nds~crm ;ni„rance
p~xed on any oi said b~ild~n~~, •ny intr:tu thu~~o or par~ thetacF, ~nlass in ~he torm uxl v~:•h tM :oss payab~e as aforeta~d; snd :n tM t.ent +n~ s~m
of oWn~y ~ecarrks payabie ~ndt? s~~h po:rcy or pol~uas ss:d A10RiGAGEE ~had '~3ve tAa opt~oe ta rece~+e artd apply ~he ss~ne on accoun~ o! rnQ i~~cleuted-
ness sec~red hsreby w ro perm:r u~d nAORTGaGORS ro rece~ve ~rd u~e is a•ry prr~ ~he:ra~ 1or o:nrr N~r~,~ses, v,:~i~o,:t ih;~eo: .va..~ ~3 c~ pe~r-
~n9 any eq~r.y, i~e~ a r:ght ~nck~ or by ~ir~o~ of th~i ma::qage; ~nd i~ ~F.a eve.v w d MORTGAGORS shal; tw any reaion fail to kerp ~he siJ prem~tas io
~niur~d, a fa~l to del;ver promptly any of saEd pol~ctr~ of insurance to s~ d M:OkTGAGff, o~ fa~i promp~l~ to pay f~~ly any prrr~»~m ~nerefa or in any
resFecf fail ro perform, diuAcrpe, etecure, e~f~tt, camptere, co+n.~lyr wi:h and ab~de by ~h+s covenant, or any par~ hercoi, sa~d MURiGAG_E may p~ace a~.d
pay for ?uch irtw~snce w any pa~~ tne~eoi w:sheu~ warvin~ o: afFe~~ing an~ ose~on. li~n. equ~~y, o~ righ~ unde~ ar by virtve oi ~h~s htorrgaye. and ehe
fuit amovnt of esch ~ad e~erY svch paymane shsil be immttfi~ttly d~0 ar~ ~ayaol~ :nd s!+a!1 bcar inte:. . hom ths dats tt~creai uniil pa~d at ~he ~a~e ot
+~~nt per cen~wn pe~ ann~m apd to~tthcr wifh such inrr:est sha~~ be src~red by the 6e~ of th~f mortgaye.
.1. To perrnt~, ;omm;t w sutfer no v.~ste, i.~r:pa'umem a drter,ora~Son of sa[d ~~optry ~ ~ny put thereof.
5. To pay ati ~od i;ngufar the costs, chargcs and cxpenies, ~oclud~np s reasonsble •norney i fce ~nd coats of absrracts of r~t!e, incurred o. pe~d af
e~; time by said MQRTGAG:E, because w in the evero of the fa~lwa w+ ~he pa~t of Me said MCA'GAGOQ to dvly, ?romptly and Eu~~y perfO~m, d~sthsrge.
a~rcwe. effea, canplere, co.rnply w~th and ab:de by eac?~ and every the st~puiat~o~s, sgrcemenb, cond~tions, and covenanrs of ia~d p+om~s,ory nore and ~I.~i
a,o~rgsge ~ny or e~rhe~, and u~d cosn, charyes and sapenses, tach and e~e+y, ~ha11 b~ 1mmed,asely due and p~yabte; whe:her a not r~ere be nonce da
mand aoempt to coflM or ivit pend~ng; snd the ful) artaunt of each and rvery such payment shatt bea. interest from ~he d~~e 1ACreot uneil p~~d af the
~~ie of nu.a per cancv~n pe? an~iu::~; and all sa~d cosri, chargcs and ex~rnses fncurred or pa~d, ~oge+her w~rh such interesr, sna!! be iecu~ed by ~he lien of ihu
^'°itys9e-
b. That (a? in the e~rnf of any lxeacfi of th~s Mwtq~ye or defaulr on ~I,~ part of ~he MORiGAGOR, w(b) in 1he eve~t •ny of ss+d sv~+ns of money
nerc~n referred to be no~ promp:ly and fully pa~d within thuty ~30) days ~at afre? sne same severapy bcccme due ar.d pa~ebte, witRovt demsnd a noGCe.
or (c) in the evero each a~rd every the st;pulaf~on~, agreeme,ts, condaions an~ coYrnsnts of sa d prom~ssory note snd ~h~s mortgage any er z:~her are no1
'-~!Y. (u~p~~Y +~d (v11y perfprmed, d.xharged. executed, effected, comp:eted, complied w~~h and ab~ded :Y. e:tAer w any such event the sa,d ag
~•egate sum menr'aned in taid promiss~~ note then renainin~ c;~s~tid, wi:h intere:t xtrvrd, and ap moneys setwed he~eby, shall betome due and pay-
abie fo~~hw~th, or there+fter, at the opr;on of aa~d MORTGAGEE, as fui~y and comple~ely as if all of the said sums of money we~e w~g~netly st~pu':a~ed
~o be patd on svch day, anyth~ng in sa:d prom~ssory note or in thn Margage ~o ~ne conrra~y twlwiths~ar.ding; and rAereupon or thereafte~ at the opt,on of
sa~d MORTGAGf:, w;tfiout no~~ce o~ demand, su~t at lavv or in equity, therefore a thereaf~er begun, may be proucuted as if all moneys iecurcd hereby
~,d matured pt~or to ~ts instit~tioa s
7. ihat in the event that st the beyinn~ng oF or st ~ny time pend~ng any su~t upon this Nbrtgaqe, o~ to fo~ecl~se iL w to refwm it, or ro enforce
F~yment af any t~a+.ns he~eunder, uid MORTGAGfE shalt apply to tFx Cou~t having jwisd~ctio~ thereof fM the +pw~ntment of a Receiver, such Coun shall
ic:rh~i~h appoiot s rece~ver of said mortgaged pioperty ail and si:yular, inctud~ng a~l and s~ngu~a. the ~ncome, prof~te, iss~es and revenues from wh:.tever
scorce deri~cd, each and every ot ~hKh, it be~rq expressty undersrood, is Aereby rtw.rgagrd a~ if spcc~l;~al:y ut fo~th and described in fhe gr~ro;nq a~d
nabendv.n dause~ F+ereof, and such Rcceiver shaU ha.• alf the brosd and eifecrive funcf~ons and powers in anyw~se entrosud by ~ Cou~t to a Recri~er, ar,d
s_ch appo~ntmem shall be made by such Court as sn sdmitted equiry and ~ matter of absot~te right fo said AtiORiGAGEE, and wuhout reference to ehe
.+.feqvacy a insdequacy of the r~lue of the property mor~gsged or to the sa~ve:.cy er ~n:o~~ency oi sa~d F~R::~iGAGOR or fhe defendams, a~d that such
:,•~ts, pr~fits, income, iuues and revenue~ sMU spplied by such Receivcr accord~ng to the lien or ~q~;ty of sa~d A10R.iGAGEE and the practice of such
CouA.
8. To duly, promptly and fully perform, c++scha,ge, execute, effect, comple+e, comply w+th and abide by each and every the stipu~ations, agre~ nents,
-~,,d~~~ons aod covenanes ~n sa~d prom~ssory rate and ~h~s mwtgage azt forth.
9. That in the event the ovvnership of the mortgaged prem~scs. or sny part the~eof, becomcs vested in a person othe• than the MORiGAGOR, the
:'ORiGAGff. its successon and ass~gm, msy, wirhovt na+ice !o vhe ttiORIGAOR, desl w,th such successw w successw in interes~ wrth re4erence to th~s
:r o•fgage and ehe deb~ h=reby secured in ~he same manne. as with t.lortgsyar w~t! out :n any way vrt~a~ing or d~uharg~ng the Mong:gori Gsb~i~ty herr
~.,,der or upon the debt hcveby secureA. No ssSe oi t6e prem~ses hereby mortgaged and no iorbeara~ce o~ the parr oF the MORiGAGEE or :rs successon
or ass~g~s +nd io exte~s~on of the t~me fw the payrr.ent of ti.e debt hereDy scc~red given by the M.ORTGAGff er ~ts s~ccessw• or ass~gns, slialt operate
ro release, d~scharge, r.wd~fy ~hange w affect the o~igmal Iiab~Gty af the A~.ORiGAGpR F.e~ein, either in whole or in part. a
10. It is speclficatly agreed ehat fimr ~s of :he esser.ce of fh~s conrraa and that no waiver of ~ny obL'gano~ hereunder w of tha ob:igarron sr
c:,red hereby shal: af any time tnrreafter be heEd to be a waiver oF the tenr.s c~revf w oi the init~umo•~: securtd hetby_
11. In add.t:o~ to the fcregc ng mon~h!y paymems of prin~ pa{ and in+rres! requ~re.'. Dy ~he p~wnssuy •,ate secured hereb~, mcrtga~~r covenanrs
a-:d jgr~s to pay to mortg>gee w~!h each mor.~h'y ;,ayr,ent an add•+:onai sum esrs-*,ared by mortgagee to be eq~ai to 1; t2 of ti~ ann:~al cost of ~he fotiow-
.~g:
A-Ai{ •eai Froperty ta:es le.~ec' o.• asse~sed ags~~st tiu~ above desv~5ed reat estate.
S-Prr~r=ums or, fire and windsro~m ~.~suracce as nere~n ~eq~:~ed to be ca+ried on the :-~provemr.nts s~' ate on tF.2 above desct;bed p~emrs.s.
C-Prem~~ms on su:h mongage guaranty ;nsora~ce as mortgager aha11 f~c~r. t me to s;me deem fit to ca:ry on the loan secu~ed he~ebt.
M~rgagee shaH (rom tfine to :~~re ~cf~fy morryagor m wri::ng of the a~e~~r d~e and p~yabfe hereundr~ and such s~rn shatl ~here~~n be due a~d
:~,aG~e on ti.z d~e oare ot the next mo~th:~ payment ar.d each success~vr rromh fherealter ur.f;; rr.ortgagee sFall r.ot~fy mo•sge3or of a cnanae in svch
uvr:. Such i,,ms sFa:i ±x app:~ed 'ay mortgagee towa•d rne paymen; of reai prope.ty !aaes, inru.ancr prem:ums, a,~d mortgage guaranty ins~rance.
. e.nfvm.s.
It~ lirliNE$S ~."~-IEREOF, the sa~d A10RiGAGOR has Rcre~~to s't his har.d a~d zeal the day and yea! fi~st afwesa~d.
S~gned, Sealed and dctic~red in fhe. presence Qfc `
i ~ _ + ~ l ' 1
! ~ r ~-~(S-!~' x L~ .Z. / ~ ~I 't
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1 /Seal)
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~ --~-~-~J-~.i ~ l l ~ Ro rt~y rrl IJ I~j e~Le"lT3GIA ~ -(Seal)
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~ ~ . (Sea13
edwig , , Alexander
5':,TE OF FLORIDA ~
St . Luc ie ~
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Befwe me perso~ally appeered B@i[1drC~ R, Alexander
_ 3~~
_ ~{QC~11tIcJ l.. Alexander his w~fe, to me well knovr~ and k~own to me to be
1!:e ~•:d~vid~sis dew~bed in and who executed the fwegoirtg in~trumtnt, and acknowSrdged bafore me that they exewsed the sar.ie tw t?~e au~;+ose~
' r~.e•ein eapressed. And the sa~d Hedwiq L.. Alexander
.-~~A of ~tx said Bernard L. Alexande r ~po~,« se~~a~ a~d P,~~,~e
, e. 3T ~atiori by me taken separate and apart from Iser sa~d i.vtband, atknowlejgtd fo and before me that she executed said In}t ~uM~
f.'fFleJy %and volvn-
a•~ii a~d w:rhout •ny compu~san, constra+nt, a.:~+_F,en~~~~or fesr of or from ner ssid busbsrsd. • • .
W1IldESS my hand snd offic;al seal th~s i'-' - day of ~ F@bLLtaZ}r -'i •a~ -~-0 -~~73
_ ~ '1 1 t i"~'i.,~- - 1 ~ ' ~ J
Ndtary Dub!~c ir. and fbr the SU .o( f ids"at i7rye,' '
MY Commission e:pires: , 1~~.~,ti~~ Q• f~~'`~, 1
Return To: ~ ~ 7 t
/ V
First Federal Savings 6 Loan Assodat:on . 24~ ~ T~` r -
l7f F6rT P_•rc?. f't`C ~4~j Rb41 -.~~~,,'„S'I1t~ ~
Fo.~ P~>r:~. FSOfi~d it LU~?E r;OU~rr Fu. -
RG~;; ';iTA,~s
CLERK ; :-C~;T COUNT
RECG~ii r: :t;
This Instrument PreNared 8y Ga=;~ Eilwcod Ffa I~ 3'~2 PM ~~3
F~rst ~ecieral Savi~gs 8 Loan Asseciation ~
of Fort Fierce ~ Florida L~ j.lz~
Checked By ~
~a(~~ ~'Nrx
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