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To plac~ and continuoualy keep on the bui!d~ngs now or hereafte~ ?~tuste on said Isnd and on aIl equ~p~nent and perso~slty cove~ed by thi~ mwtg•
~gs. with al~ p~emiums thercon pa~d in full, f~re insur+nce ~n tho usuat standa~d po~ity (orm, in a sum appro~ed by ihe MORiGAGEE, and w~ndstorm
in~u~ancs i~ t~e uiual standard pol:cy fam, in s sum app~oved by ~he MORTGAGEE, in tuch company or canpa~~es as +?+s MORTGAGEE may
di~ect; and a11 fire and w;~dstorm insurante policie~ or~ any of iaid buiid~npi, any interest thercln or part thereof, in the agyreyatc wm ~laeaaid or
ln excei~ the~eof, ihalt cor~iain ihe usual standard malgagte clause w such o~hs~ claus~ ai the Mortyagee may requus, makin9 the loss unde~ sa~d po1F
cies, e~th ~nd every, payable ~o said h10RTGAGEE a~ its interas~ may ~ppear, and each and every such policy shall be promptly au.g~ed and dalivered ~o
any held 6y said MORTGAGEE es further secvrity to said mw~gage debt, ~nd, not leu ~han ~en (10) dayi in adva~te of ihe expirat~on of each policy, to da
tivar to said MORTGAGEE a renewal thereoi, ~oge~her wi~h ~~eceipt fa ~he premivm of such rcnewaf; and there shall be no f~re or windsto~m insurance ~
plu~d on ~ny of sa~d buildings, ~ny interest thercin w part thereof, unless in the form and with the~loss payab~e ai afaesaid; and in the avent any sum ~
of monsy besomes peyable undcr s~,ch policy or policies taid MORTGAGEE ahall haw the opt~on ~o receive and apply the same on accovnt ot the indebted~ i
ness secured hereby w Io permit saed MORTGAGORS to reteive aod usa it w any part thereof fo~ otner purposrs, r.itho~t ~h~~~b~ waivi~i3 or unpah-
inq any equ~fy, lien u right under a by vi~tue of this mo:tgsge;•snd in ~he event said MORTGAGORS shall for any reason fail to keep ihe said premise~ w
insured, or fail to delive~ promptly ~ny of aaid policies of insura~te fo sa~d MORTGAGEE, w fail promptly to pay fully any premium theretw a in any
respect fail to pcYiorm, discharge, execute, el(ed, complets, camply wirh and abide by thit covenan?, a sny part hereof, sa~d MORTGAGEE may plsce and
pay iw such insurancs or any part +hereof without waiving w affedin~ any optio~, lie~, equiy; or rigAf under or by virtue of this Nbrtgaga, a~d the
lull amoum of each aad every such paymem shall be immcdiataly due and payabk ~nd ihall bear interest from the date thereoi un?il pa;d at tt~e rate ol i
nlne pet centum per annum and to~e~her wifh such interest shall be secured by the lien of this malgage. ~
1. To permit, commit or avffer no waste, impairment w deterioration of said property w any parl thcreof.
5. To pay ali a~d si ular the costs, char es and expenus, includi ~
ng g ng a reasonable attwney's fee and costs of abstracts of title, incuned or paid at F
any time 6y uid MORiGAGEE, betauu ot in the event of the failute on tF?e par~ of the said MORTGAGOR !o duly, promptly and fully perfwm, d~~charge.
executs, e(fett, complere, comply w~th and ab:de by each and every the stipulaf~ons, sgreements, conditions, and cove~ants oi said prom~ssory note and this
mortgage any w either, and sa~d cous, charges and expenses, each and every, shall be immediately dve and payable; whe?her w ~ot ~he~e be ratice do-
mand, attempt ro coltecf or suit pend~ng; and the !ut! amount of exh and every such payment ihall be~r interes~ from the date thereof umil p~id at the
rare of nine per cenrvm per an~iurn; and a~l said costs, charges a~id expenses incurred o~ paid, togtther w~th such interest, shall be setured by the fie~ of th~s
mortgaye.
6. TFst (a) in the event of any breach of tfiis Morrgage u detsult on the pert of ~hc MORiGAGOR, w(b) ~n the event any of sa:d sums of money
hrrein referred to be ~ot promptly and fully paid within thirty (30) days ~ext aEter the same severatty Ixtome due and payable, withovt dema~d or notice,
or (c) io the event each and every thr sGputations, agreements, condiiions and covenants of sa:d p.omissory nore and fb~a mortgaye any or either are ewl
iuly, promptly and fully perfwmed, d~scharged, cxecuted, ~(fected, completed, compGed with and abided 5y, then in either w any such evem the sa~d ag
gregate sum mentioned in said promiuory note then remaining unpaid, with inte~est accrued, and alt moneys sec~red hereby, shatl become due and pay-
able torthwith, or theeeafrer, ar the option of said MORIGAGEE, aa fully ard comple~ely as ii al) of ihe said sums of money were wig~nafly st~pufated
to be paid o~. such day, anything in sa:d prom~ssory note or in this Mortgage fo Ihe tontrary notwithstanding; and thereupon or thereaftK at the opt~on of
aa~d MORTGAGEE, w~thout norice or demand, suit at law o? in equity, theretore w thereafre~ begun, may be prosecv~ed as if all moneys secured hereby
hsd matured pr~ot to its institution.
7. That in tht event that at the beginn~ng of o? at any time pending any suit upon this Mortgage, or to fweclose it, o? to refwm it, or fo enforce
payment of any claims hereunder, said MORTGAGEE shall apply to the Cou~f having jurisd~cuon thereof for tht appo~ntment of a Receive?, such tou~t shall
Forthwith appoint a receiver of said mortgaged p~operty alI and sirgufar, inctud,ng all and singu~ar the incomE, prof~ta, iuues and revenues from whatever
s~urce de~ived, each a~d every of which, it being expressly understood, is hereby mortgaged as if spec~fically set forth and dewibed in the granting and
habendum ctauses hereof, and such Receiver shall have a!1 the brosd snd effecrive funn~ons and powers in anywise erorusted by a Court to a Receiver, and
r~ch appoi~tment shall be made by such Cowt as an sdmitted eqoity and a maner of absolute right to said MORTGAGEE, and w~thout ?eference to ihe
edequacy w inadequacy of the value of the property mortgaged or to the so;vency or insotveocy of said MORTGAGOR or the defendants, and +hat such
~enrs, profits, income, issues and revenues shatl be applied by such Receiver accord~ng to tFr1 lien or equity of uid MORTGAGEE and the praUice of s~ch
Court.
8. To duly, promptly and fully perform, discharge, execute, effect, comptete, compty w~th and abide by each and every the stipulations, agreements,
mnditioro and covenanrs in sa~d promissory note and this mortgage set forlh.
9. That in the event the ownership of the mo~tgaged p~cmixs, or a~y part thereof, I~ecomes vested in a person other than the MURTGAGOR, th~ ,
MORTGAGEE, its successors and assigns, may, wirhovt noTice to the MORTGAOR, deal witF~ such successw or successa in interesf with reference to thia ;
mortgage and the debt hereby secured in the same mannes as with Mortgagor without in any way vit~ating q d~scharg~ng the IJbrtgagora' liability herr
under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbeara~te o~ the part of the ?1VORTGAGEE or its successors
cr assigns and no eatension of the time fw the payment o( tt~e debt hereby secured given by the MORTGAGEE or ils successors or auigna, afwll operate
to release, d:scharge, modify change or affect the original liab~l~ty ot the MORTGAGOR herein, eithe~ in whole w in part.
10. It is specifically agreed that tirne is of t1~e essence of this contract and that no waive~ of any obtigation hereunder or of the obligaYqn se-
cured hereby shall ar any time thereafter be held to be a waiver of the lerms Aereof or of the instrument secured herby.
11. In add~fia~ to the forego:ng monthiy pa~m=nK of princ pal and interest requ~red by the prom;ssory rrore secured hereb~, mort3agor covenants
and ag~ees to pay to mo:tgagee with each monthly paymem an add~~ional sum estimated by mortgagee to be equal to 1; 12 of fhe annual cost of the foilow-
Ing:
A-All real property taxes levied or assessed agai~st the above described real estate.
B-Premiums on fire and windstorm ;nsurar.ce as bere~n regu:red to be carried on the improvemeMS s+tuate on the above dascribed premises.
C-Premiuros on such mortgage guaranty ir.surante as mortgagee shail f:om time to t:me deem fit to carry on the loan secured hereby.
Mwtgagee shail from time to time notify mortgagor in writ~ng of the amo~~t due and payable hereunde? and such sum shail thereupon be d~e and
;:syable on the due date of the ne~t monrh;y payment and each successive monfh theieafter ur.ti{ mwtgagee shall notify mortgagor of a change in such
a^,o~~t. Such sums shail be applied by mortgag.~e roward the payment of rea! prcperty taxes, insurance prem:ums, and mortgage guarenty insurance
p~emiums. .
fN WI7NESS WHER~OF, the said MORIGAGOR has hereunto set his hand and seal the day and year first aforesaid. ~
Sgned, Sealed and detivered in the presence of: ~ %
_ '~'/`r ~ a4
`d ~ ~an
i V
- - ~ ~.'»'t-i`'v`-(Sea4
L,~, T~, " ~ S A @ 11 e . a Diq ri r5eal~
i
~ STATE Of I11 ino i s ~
! couNTr oF _ C'' ~ e~t ss.
r
Before me personally appeared a~
Isabelle v. C apman his wife, to me well known and known to me to be t
~ the individuafs described in and who executed the fo?egang instrument, artd ackrwwledged befwe me tFwt they executed the same fw the purpous
~ therein expressed. And rhe said Isabelle V. Chapman
' enr 'D Chapman
~r~fe of the said y • upon s sepuate a~d private
examinstion by me taicen separate and apart from her said husband, acknowledged to and before me that she execvted wid instrument freely and volun-
tar,ly and without any compulsion, cons~reint, apprehension, or fear of or from her said husband.
'q~ ~ ~7
WITNE55 my ha~d and official seal this dsy of q. D. ]9_~__L3
_ Notary P~{b 'c in and tor the te f aT Lsrge ;
Return To: MY Comm ion expires: I 1 ino i s ;
,
First Federal Savings b toan Associat~on NOTARY PU[3LC STATE Of IL1.IN~~S
Ot Fort ?~erce. ~ COMMISSIOiV EJ~~-'i:2~S !'.i:!. 19, 19'14
lI~ED TIl3U tsRti.i..':I td~T.::.f i
~~LtB t~Wi
~ Fort P~er~e, Fbrida
! ...n.~n..q~::.ti.~
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~ rZS`#IQ~B • '1,~i P ~ ~ ~1
-
This Instrument Prepared By J. H. Roberts, JI'.
_ First Federal Savings & Loan Association :
of Fort Pierce Florid8 ' ~Q r
' FtLEO~~'+- '~~~'~Y FLA. = L~.! (1 [ j ' ~ :
s $1.1U~: ~y ~ ~ .
: Checked By ~ +1'~'. ~.~-~~~iRT ~_.l % " Q ~~J
; ~ c~cE.. . _ ~ : -.'y''•• •..~C, .
; ~ Q f!r^i t ' .-i`. i •~~~~N'~~
5 . Ea~~ 215 `~~t 1~85 ' ~ , ~-t~~
JUN 1~ ~l 21 ~ ~ ..,:t~.~,
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