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To plaa and continuousFy ke~p an th~ bvitd~npi raw or MrHhtr ~itwq on aid lud ~nd on all p~ipneM and pato~+lly covN~d by this mat~
a~, with all prtmwms thKeon paid in full, f'u~ insuranc~ in ti» ~swt s~andard policy form, in • w~n ~pp~owd b~r 1M MORTW~GEE. and windstam F
i~+swanc~ in tM uaw! ~ta~dard pol~cy torm. in a sum approwd by rl» MORTGAGEE, in wch comp~nY a comW~ u tM MORTGAGEE n?ay
dlnctt +nd all fkt uwl windiam? irawaoa policws on +ny of ~id b~ild~np~„ ~ny inNr~~t ti+K~in or pan tM.wi. in tM pyreyaq wm afor~s~id o~
In ~saas tha~of, sMll oontain tM uswl itandud mort9aptr~ ciwt~ w such otha dauw ~s tM Matpa~ m+y rpu'u~, m~~inp tM bu uncJa sa~d pdb
ti~s, tath and tvtry, p~YaW~ b s~id MORTGAGEE q its interqt m~y •~ppeat. and each and ~vtry tuth policy ~hall b~ pramptly su:yned u+d d~livered to
a~y h~ld by said MORTGAGEE u i~rthK security to ~aid mor~ys~ debt, aod, nw I~s~ ~han tM (10) days to +dr+nc~ of ~M ~xp'u+tan of each policy, to d~-
liwr w aid MORTGAGEE • ~enewal tha~of, top~thN with a r~c~ipt for tM pnmium of wch nnewalt and th~r~ ah+ll b~ ~o fir~ or windstam insuranc~
plaad on any of s+id buildinps. any inta~at tM~~ w p~n thawi, ~nltss ie th~ form and with tIN loas payable ~s afor~s~id: ~nd in tM ev~n1 any sum ~
of mon~y becorn~s payabl~ un~ s~ch polky a polici~s wid MORTGACaEE shall Mve tM option ro receive and ~pply tM s+me on +ccow?t of 1M indebted-
ness s~cwed hsreby w q permit said MORTGAGORS to rectiw and us~ N a any pat thereof for orher purposes. without thrreb~ waiving w unpair-
irg ~nY puity. li~n or ripht w~der or by virtw of this mortpa~r u~d In tM evant uid MORTGAGORS shall fw any nason fail ~o ke~p ths t+id pr~mise~ w ,
iraured, or f~i) b deliva pomptty ~ny of said policies of inswanu w said MORTGAGEE, or fail promplly fo pay fvlly ~ny premium therefa or in any ;
rssp~cr hil b pKform, diach~ryt, ~xscvte, ~ffsct, oompl~te, comply with and ~bid~ by thU oove~aM, o~ any psrt ha~wf, s~id MORTGAGEE may place and
p~Y fw wch iiawanoe or any put the?eof without w~ivinp or affMinp ~ny oplion, li~n, pvity. w right ~rwler w by vi.tw of this Mort~sqe. and tM
tull amo~nt of each and ~rery wch payment sh~ll be immedi~qly dw and p~y~bb a~d shall beu int~rest t~om tM dat~ fhcreof ~ntil p~id ~t ths rau oi
niM pe~ ca?tum pe~ an~wm and togNher with wch interest shsli be securcd by th~ li~n of this maly+ye.
1. To psrmit, oanwnit or wffer no wast~, knpa'vment a dsteriaatio~ of said property a any pirt thereof. .
5. To pay all ~+d slnp~l~r ths cosa, chupea and expsnses, includirg a re~ionabls sttwney's fee snd costs of ~bstracts of titls, incu~red or paid +t
any tune by said MORTGAGEE, because w in the ~vent of ths fail~~e on tF~e p+M of ~M :sid MORTGAGOR to duy. Promptly and fully perfwm, d~xhsrga
sxecut~, eifecf, compka, comply with and abtd. by ~ach and w.ry +I+s stipulatio.n, sgreemems, ca+dU~o~s, and aovenann of s.id promiuory ~+ore and ~h~i
mwtpape ~ny o? ~ithK. ~nd said oosts, char~s snd expenses, esch ~nd ~very. sh+ll t» immediatsly dw and p~yable: whether a not ~there be norice ds
mand, attempt ro cdkct or wit pe~i7rg; rnd tM f~ll sna~nt of each ~~d avxy wd+ paYment sh+ll bear interest from tM datt tMreof until paid ~t th~
rate of nine per centum per annum; and all said costs, cFi~?pes and expensea incwred a paid, topetha~ w~th such interest, shall be secured by the lien of tha
mwtpa~. -
6. That (a) in the ere~r of any b.each of tha Mwtg~pe w defavl~ on the part of the MORT6AGOR, or (b) in ths event ~ny ot said swns of money
~e~+ ..tened ~o b. „w p.o~~y ,~,d toiy ~~a within thirty Cd0) days next sher the same seve~ally become dw ~nd payabk, without demand w notice,
er (c~ In the event each ud every ths stiputatio~n„ sgreernents, cond~tions and coven~nb of sa~d promiuory note snd this mortyaye ~ny a eith~r are not 1
iuly, prompHy u+d futy performad, d~scharged, ezecuted, effected, compkted, compl~ed with and ~bided by. N~en in either w ~ny svch avent tM said ag
gregate wm mentioned in said promissory nots then remaining unpaid, with inlerest acuued, and all moneys setured F~eby. sh+ll betome dw and p+y~ `
ab~e forthwith, or thereafter, at the option of said MORTGAGEE, u futly and completely u if all of the ssid wms of mor~ey were aigin~lly stiputated ~
to be pa~d on such day, anythirg in sa+d p~om~uory note or in this Mortgage ro the contr~ry notwithstsndinp; snd thereupon or thereafier at the opt~on of
said MORTGAGEE, without notice o~ demsnd, wit at law w in equity, tFKrefwe or thereafter begun~, may be ptosecuted a~ if ~fl nw~xys sacured herebY
had rrWtwed prior to in instituriw~.
7. That in the event that st the beginniog of a at any tima pending sny wit vpon this Mortgsge, ~ to foreclose iT, or to ~efam it, or to enfwce
payment of any daims hereunder, said MORTGAGEE shall apply to the Gour1 having juriadiction thereof fw tl+e appointment of a Receiver, such Go~rt shall
forthwith sppoinl a reoeiver of seid mortgsged ptoperty all and singular, includu+g all and sinyular ~hq, jncome, p?ofits, iiMies and revenues from whatever
sovroe derived, exh and every of wli~ch, it being expreuly u.~derstood, a hercby mortgaged as if speuficatly xt fwth ~nd dewibed i~ the yr~n~ing and
habend~Hn dauses hereof, and sud+ Receiver shall hsve all the b~oad ~nd eHective fun~Upns; and powen in anywise eMrusted by a Co~rt to a lteceiver, and
such ~ppointment ihsll be made by such Court as +n admitted eq~ity and a matte~ of ~bwfufe' rigM to said MORTGAGEE, and without reference to tha ~
adeq~aty a in~dequacy of the wlue of the property, mortg+9ed or to the wlvency w insolvency of said 1NORiGAGOR a the defendann, and that such i
rems, profia, incans, issues and revenves shsll be applied by such Receiver according to the Iien w equity of ssid MORiGAGEE and the practice of such ~
Carrt.
8. To duly, promptly ~rd fuliy perform, discharge, execute, effect, oa++plete, comply with ~nd ab~de by each and every the stipulations, agreert~ents,
cond'eions and coven+nts in said promissory note and ~this mortgage set fath.
9. That in the event the ownership of the ~mortgaped premises, « any part thereof, becomes vested in a perwn other tha~ the MORTGAGOR, tfis
MORTGAGEE, iri succeuors and asaigns, may, without notice to the JNORTGAOR, deal with such successor w successor in interest with reference to this
mortgage and ths deW hereby secured in tF~e ssme manner as with Mortgsga w~thout in any way vitiatin9 ot d~sthargi~g the Mortgsgors' (iability hcrr j
under w upon the debt hereby secvred. No sale of the prem~ses hereby mortgsged and no forbearance on the psrt of ths MORTGAGEE a its suoceuws
or auigro and ra extension of the time for the payment.of the debt hereby secured qiven by ths MORTGAGEE or in successors or assigns, shall operate ~
to rekase, d~xharye, modify change w affect the aiginal liability of the MORTCaAGOR herein, either in whob w in pa?t. - ~
10_ It is specifically agreed that time is of the essence of this contract and that no w~iver of ~ny obligat~on hereunder or of the obligation sr
cured hereby shall at any time thereaher be held to be a waiver of the terms hereof a of tF~e irntrument secured herby. .
11. In add~tan to the f«ego:ng madhly psymenls of princ:pal and interest reqvired by ihe" promissory note setured hereby, mortgagor cove~ants
and agrecs to pay to mortgsgee with each monthly psyment an addirional sum estimated by mottgsgee to be equal to 1/12 of the annual tost of the follow-
ing:
A-All real property taxes levied w assessed agai~st the above described real estate.
B-Premiums nn fire and windstorm inswante as Ixrein requ~red to be carried on the improvemenri situste on the +bove'desvibed premises.
C-Premiums on such mortgsge gwranty insurance as mortgagee shall from time to time deem fit to csrry on the bsn secvred hereby.
Mortgagee shall from time to time notify mortgagor in writing of the amount due and payabk Fmreunder and such wm shall there~pon be due and
f payabk on the due date of 1he rrext monthty payment and each suctessive moMh thereafter urtit morfgagee shall notify mortgsgor of a thange i~ wth
~ amount. Such wms shall be applied by mortgagee toward the paymem of real property taxes, inwrance prem:ums, and mwtgage guaranty insurance ~
premiums.
IN WITNE55 WHEREOF, tF?e said MORTGAGOR hss hereunto set his hand and seal the day and yesr irst afor id.
Signed. Se~kd snd delivered in the presence of: ~ i~/~""v
~n ~
f
, n ~
B~nict o i
~
STATE 01~ N~ Ork ~ 4
~L~P?.,~l~J ~
counmr oF
and !
Befwe me persa~ally sppeared ~~k D~a~O
B!l~~.C6 ~~O - his wife, to me well krawn and known to me to be }
the individwls described in and w!w executed the foreyoirg instrwnent, and acknowledged before me that they execvted the same for the p~rposes j
~he.~m exp~euea. n~a *he u~d B~rniee DiM:io ~
wife of the said Rranlc D~M~~A upa~ s separate snd privah ~
examimtion by me taken separate and apan from her ssid husband, adcrwwledged to and before me that she executed said instrument freely and volw~-
rarily ~nd witha?t any compulian, comtraint, spprehensio~, or fesr of ot from her said husbsnd. j
t
WITNESS my h+nd snd offic;al seal this y~ day of A. D. 19~,~.. 's
- ~ Not ry ublic in ~nd for the State of~fi~sii~.~tlat~~ t
' My asan e:p~res: ~o I97y jl~i
aen,m To: . . . ~ . i e,
~ fint Feder~l Sarings d. loan Associatan ::i.: ~•~~f ,'.N
Of fort Pierce. i f~~l °I;LUC- ` : . ~f hrw ~i;~ -L ~ . i
• ~ ~ , 1 .
Fort Pierce. Flaida ''':4i: - : ~ `J ;
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~ F~~lo aK;, RECO~oEp v '
First Federal Sav ngst b lo~an Asso iation N• Rbb~rts ~ JZ• St. ~UCIE L~ll'NTY FLA. -~G'~, ~S ~
ROCEi+ F4+ii~Ag ~
. of Fort Pierce s FloYidB CLEP.X Ct,:,;Ust COI1R
R~C!1~'~ YE°~~I~D
~h~~ By .9S- . Mar 3 i 9 zs AFi '
s~K 214 P~ 2~.69 73
, 2 ;5594 ~
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