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To p'aca u~d conr{rwoufly kNp on ti+~ buitd~np~ now a 1?KeafiN ~tv~N on iaid land u~d on ~II puipnKnt ~nd pasa?aliy covK~d by Ihis ma?¢
ap~, with ~II p.aniums ~hK~w? p~~d in ful4 tin G+iu~~nu in tM uswl sundwd po~icy fam. 4+ • wn+ ~pprowd by th~ MORTGAGEE, and w?nds~am
tmwanc~ in tM uwal s~u~dard pot~cy twen. In • awn ~pprov~d br 1M MORTGAGEE, M+ wch company a companiN u th~ MORTGAGEE nwy
du~ctj ~nd ~II fin and wi~rorm ieswaac~ policin on uny of ~aid buildinp~, ~y ina.ht tM«tn or p~.t th~noi, {n Ih~ pprp~l~ wm atotKaid ot
M~xc~a ~hsrwi, ~hall conuin tM vwat stM+dad ma~y+yM tlw~ o~ :uch otlwr tlavs~ aa tM. Ma~paQN mar rpu'v~. m~kM?p tM Iws w+dK s+d pol4.
c1M, ~ach u~d ~vNy. payabl• ro a.id MORTGAGEE as iq fotKe~t may app~a~. ud ~ach and ~vay ~~ch policy ~hall be promptly ~as:pn~! and delive~ed ~o
any h~Id py s~id MpRTGAGEE fwtha aecwity to wid mwtaaq~ d~b~. ~nd, ow bss tFwn qn (101 days ie+ advura o/ tM ~xpirafion of eacF? policy, ro dt
livw ro wid MORTG/IGEE a rseKw~l thenof, lop~~lNr wlth ~ nuipt for tM pr~miwn ol wch ~~wa1J ~,d tMn sFwll b~ no iW~ a wind~~am inwranu
plapd on ~ny of ,.a a,?a~~, a?y imK~q ~Mr~in or part tF~wf. unt~ss in th~ form s~d with tM lost p+yabl~ at sfor~saidt u+d in tM ~wn~ ~ny wn+
of mw»y b~conNS p~yabie ~ndK such poiicy or polici~s uid MORiGAGEE aFWIl.hav~ th~ option ~o r~ceiw snJ ~pply tM sam~ on accow+t of ~M iodebred~
n~a s~cv~ed Ix~~by w w permit said MORTGAGORS io naiw u+d us~ ':t or any pa~t the?eo} for other purpos~s, wi~hout thereb~ wai~ing O~ ~mpair-
inp any pu'~ty, li~n w rghl w~d~r ar by vlrtv~ of this mort9pej ~nd in ths ~vice~f Ntd MORTGAGORS shal! fw any re~ason fai! to keep ths s+id prtmises w
Irttur~d, o~ f~ll b d~livp pomplly ~ny of s~id polici~t o1 ie~wr~nt~ to s~id MORTGAGEE, or f~il promptly to p~y fully any p~emiwn the~efot w in ~ny
r~ip~c~ fail to pafwen~ diuhary~. ~xecut~, eff~ct, complet~, comply with and abid~ by this cowoant, a ~ny paN f?K~of. s~id MORTGAGfE m~y plaoe and
WY fa ~uch G+w?+nc~ o~ +ny parl tM.aof wirhout walvirg or aff~ctlrp anr oplfon, li~, p~ity. w riphl under w by virtw of ~his Mortppe. ~~d the
full amount of ~ath and twry such payment shall be irtimediat~ly dw ~nd p~yabl~ and ahall bear int~r~at from tM dat~ t~wf vntil paid ~t tM n~~ ol
nine ps~ cenwm pN annum ~hd toge~her with such inrerest tha11 b~ secured by tM (i~n of thts matqpe. •
1. To pe?mit, cw~vnit or wffa no w+~t~, impairment or dete~ior~tion of uid propary w~ny part tMreof.
5. To p~y alt and sLpvi~r tM costs, cAupe~ ar~d expsnis~„ includinp • reasonable ~ttorney's fee u~d cosri of •bsnacts of titl~, iecuned or paid ~t
sny Yime by said MORTGAGEE, because or in the tvent of th~ failvn on ths part of th~ said MORTGAGOR ro duty, prompHy ~nd fully perfwen, d~scharg~
execute, effect, compleq, comply with and abide by e~cl? and every the stipula~ions, aQreemenb„ cor~d'uioru, and coven~nn o1 said promissory note snd tha
mortpay~ aMr or eithe~, and sa;d cosy, chuges ~nd expames, e~ch u~d ~very, sMll b~ iawnediat~ly dut snd payabkj wFxtMr a not there b~ not~ce ds
marKl, anempt to collect or suit pendingj and tM fvll anounl of Hc.h and evary s~ch p~yment sl»II bea~ interes~ from ~hs dats thsreof vnril pakl ~t tM
rare of ~ine pe~ cenrum per an~wrn; and all said costs chargas and expenses irKVrred or p~id, topether with s~ch interest, sh~ll be secured by the lien of tha
6. Th~t (a) in th~ evant of eny breach of this Mortgayf w default o~ tM parl of the MORTGAGOR, or (b) tn th~ tvenl any of faid sums of ma~ey
sy
herein refen~d to be ~rar promptfy ~nd f~l1y psid wirhin thi~ry (3p) d+ys nex~ ~fter the same avc~ally becoma due ~nd pay~bl~, without demand or notice,
u? in the event each +nd ~very the stipufatiaa agreementa, conditions and coveMnri of sa~d promissory note and th~s m~tpa~a My a a~her are nW ~
iuly. prompNy and fully pe.formed, d~schar~ed. executec~ eflectcd, comptered, complied with and abided by.. then in either a ~ny such ev«~t t1~ aid ~g {
gregat~ sum mentioned i~ said ptomissory note then remaininp unpaid. with imerest ataued. and all moneys secured hersby, shall become dw and pay- ~
abte fwthwith or tF~eafter, at the option of said MORTGAGEE, ss fvlly and compktely ~s if atl of the said wms o~ monsy were wipinaNy N+puli~ed
to be paid on svch day, anythirp in sa;d promiuory nots or in this Matgaye to tFr contrsry notwithst~ndinp: and thereupon or thereaher ~t the opfion of
•aid MORTGAGEE, without notice or demand, wit at law or in pvity, therefor~ a thereafier bsgun, may be prosecuted u if dl moneys iecurad l+ereby
Aad matured prar fo ib instit~tion.
7. That in ths event tha~ at the beginni~g of or at any time pend;rg any su~t vpon this Mwtgsye, or w fo~eclose N, w to refonn it, w to enfora
paymanl 04 ~ny cla'urn haeu~der, aid 1MORTGAGEE shall spply to the Court Mving j~risdiction thereof fo? the sppointment of a Receiver, such Court ihall
(o~thwith appoint a receiva of taid mortgsged property all and sinpubr, includmg all and si.gular the intome prolits, issues and revenues from whatave~
source derived, exh and every of whKh, it beinp expressly undentood, is hereby mortgsged as if spec~f;cally set forth ~nd described in the yrsntinq ~nd
hebendwn cbvses hereof, and such Receiver shall have all the broad and effedive funct:ons and powers i~ anywise entrutted by • Court to ~ Receiver, and
such eppointment shal! be made by wch Court u an sdmitted equ;ty and a matter of absolute right to said MORTGAGEE, ~nd witF~oW reference to the
adeqvacy w irudequacy of the wlue of tl+e property mortgsQed or to the tolvency w;nwlvency oi said MORTGAGOR w the defendann, snd that s~ch
r~~~ profits, incane, iss~es ~nd revenues shall b~ applied by svch Receiver xcwdirg to the lie~ or eq~ity of said MORTGAGEE and the practiu of such
8. To duly, prompHy ~nd futly pKform, tGschar9e, execute, effecf, complete, comply with s~d abide by each and' every the stipulstiais, agreements.
conditions u~d cove~+ros in said promissory ~ote and this mortg~ge xt fath.
9. That in the event the owncnhip of tl+e mortgaged premises. or any part thereof, becwnes vested In a penon o~her tFw~ the MORTGAGOR, ths
MORTGAGEE, its :ucceuors ~nd sssigns, msy, w;thout notice to the~MORTGAOR, deal with s~ch wcteuor w sutctssor in inte~pt with reference to thia
mortgsge and the debt Ixreby secured in the same manner as with Mortgago? without in any way vitiafieg w discharying the Mortgagws' liability here-
under w opon the debt heraby secu~ed, No sale of the pr~mises, her~by mortgsged e„d no forbearance on the part of the MORTGAGEE or its succcssors
or suigea ~nd no exteosion of the time fo?. the paymeM of the debt hereby secvre~ given by the MORTGAGEE or in svocesson or ~uigm, .hall operate
ro release, dixharge, modify chsnge or afiect the wiginal liability of the MORTCsAGOR he~ein, either in wAole w in put.
~
10. t~ is specificsltr agreed tMt lime is of the euencs of this contract and thaf no waiver of any oblgat7on hereunder w of the oblipation se- 4
cured hereby sha11 at any time thereaher be held to be s waiver of the terms hereof w of the instrumenl secured herby. 3
11. In addition to the fwego:ng monthly paymeMS of princ:pal and interest required by the promissory nofe secured Fereby, mortgsgor covensnts
and agrees to pay to mortgagee with each mo~thly payment an add~tiona! s~m est~mated by matgegee to be equal to 1/12 of the annual cost of the follow- '
ing:
A-All real property taxes kvied or suessed against the above described real estate.
B-Premiums on=fire ar~d wie~dstorm i~surance as herein requued to be urried o~ the improvements sit~ate o~ the above desaibed premi~es,
C-Premivms on such mortgage gwranty insurar~ce as mortgagee shaA f~om rime to time deem fit to wrry a? the loan secured hereby,
Mwtgagee shall from time to time notify mo?tgagor in writing of the amount due and payabk hereunder and such wm shap thereupon be due and
payable or~ the due date of the nezt monthly payment and each successive month thereafter until mortgsgee shall notify mortgagor of a tha~e in wch
amouM. $uch sums shall be apptied by morfgagee toward the payment of real property faxes, inwrante prem:ums, and mortgsge g~annty inwrance
premiums.
IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day ar first aforesaid.
~ Siyned. Seated and delivere , in the presenos of: ~
O o
, ac n
M ~
, / ~ ~
i Shi n
i . -
I STATE Of FLORtDA ~
I ~
i couNtv oF St . Wcie
~ Befwe ms personslly appeared -_~IIjd1l2ft A_ Ai~ ll~d a~
f ShizZev Ann OLllard h~, w;tr, to me weU knovrn and known to me to be
~ rhe individvals described in snd who exewted the forepoinp instrument, and ackrwwled9ed before me tMt thsy exewted the same fa ths p~poses
€ rherein ex~.~d. n~a r~ Shirlev Ann Millard
€ wife of the .~~d _ eenjaa~in A. M~ilArd upon ~.~eparate~w+d pFwat~
w+
examinatwn by me ta4en separafe and apart from her said husband, ackrwwledged to end befps me thaf sia executed said irptrumeqt fr~y,ir~ itdufr
! rar~ly snd without any compulsan, constraiot. ~ppreFroraion, fear of or from her seid husband. ~ J• -
i WITNESS my hand and official seal thi d~y A 1' 11 . s~ ~/(,'.D: .191~
. ~
ary PuWic in ~nd f ite ~ idi~ W:~;_
' My Cortwnasiort e 0: t,
~ Retum Ta. • • r ` a~
j ~ ;
' fint Federal Savings 3 loso Association C'~.•' -
Of Fort Pierce. ''~i .~a ~
fo~t Pierce, florida ~ ' t
; rr:7:.~ ~ ..1'~ -
` ~ /1Lt6 Alt~ RECOROEO ~.~N~Mt7~'
j - fT. aOCE
Pa1~TRAS 1~. . . . , .
~ CLEAK CtKCUIT COURT "t
{ This Instrument Prepared By Jo6t~ W. COlli~~,r~i y~a~~lEO
; First Federal Savings b Loan Association ~R ~ 0~ ~u
s of Fort Pierce ~ Flosida iu1
E Checked By
~ 2szs~s
;
# ~aox ~3 PaCE1.~?~~G
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