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3. To plac~ •nd conrinuously kcep w+ the bui!dings now or herl~ItN filuat! On faid ta~d and on a!l equipmero and perwnally covarrJ by this ma~¢
s9s, with all premiums ~hereon paid in tull, (ire insurance +n 1he usual i?andard policy form, in • tium •pp~oved by Ihe MORfGAGEE, and w+ndstorm
in~wa~c~ in 1M usual ~~andard pol~ty Tam, in a zum ~pproved by tM MORTGAGEE, in sucA tompany o~ compsnies as 1M MORTGAGEE may
dirattj and all fir~ sr+d winJsrorm insuranca polic;et on a~y of tsid build~nys, any inttres~ ?hsrein or pa?t ~hereof, in tM apg~tq~~e sum aiorctaid a
in ~acess thereof, shal) contain ths ~iual standard mo~~qage~ claus~ a such o~ner claui~ as tls~ Mo.ty~qe~ may requ~r~, ma?inp N~e loss under s~~d poli~
ciss, each and evt.y. payable to said A10RiGAGEE as ih interest may ~ppaar, and e+ch and eve.y ivch po~~cy shall be promp~ly ass g~ed and delivcred ~o
~ny hetd by seid MORTGAGEE ~s fur~he~ seturity to isid matgsq~ dcb?. ~nd, eat !eu lhan ten (10) days in sdvance of ~he txpir~tian of each pol~cy, to d~-
liw~ to said MORTGAGEE a rsnewai thaeof, royei!»r with a reta~p~ !w tM premium of ~uch re~ewai; and ~here shall bf no fue w w~nds~o~~~ inw~+nc~
pl~ced on ~ny of uid buildingi, any interest there~n a pa+~ thereof, u~ieit i~ th~ form end with tl+~ loss payab~e ~s stwesaid; and in ~he even~ +ny •um
of enoney becomes payabte undt+ such policy a policies said MORTGAGEE ?heH hsve tlN option eo receive and apply the same a? accou~~ of the indebted-
nes~ secwed haeby a ro permit said MORTGAGORS ro rcceive and use it a any part thereof ior ome~ pur~:oses. .~~+ho~t ~h_~.br wai~~ng o~ ~~~pdir-
iny any equity, lie~ o~ right under or by vi~tw of this ~nors9age; ~~d io tM ~vcnt uid MORTGAGORS sha~i iw any reason fai) to ksrp the said praTiari so
insured, w fail fo deliver promprly a~y of sa+d policies of insv~ante to sa~d MORTGAGEE, ot fail promptly to pay fully any pre~nium therelw d in a~y
respect fsil to perfam, d~scharge, execute, effect, complete, comply wieh ~nd ~bide by Ih~s cove~+ant, a a~y part hereof, ssid MORTGAGEE may place a~~d
pay fo~ ~~ch inaurance w any part Iherewf without waivinp w iffecti~g any option, litrt, equ;ty, o~ right under w by virtue o( this Mwtga~e, and the
tuU amovnt of esch and every such paymenl ihall be ~mmediately dus and payable u+d sha~l bea~ interest frwn ~he date the~eof u~~il paid at the ra~e ol
nine per centum po~ annum and ~ogethe~ wi~h such inferesi sha11 be securcd by 1F» lien of thi~ mwtyage.
To permit, commit or suffer no wa~te, impairmrnt or detc~ioration oi said property or any psrt thereof.
5. To pay all aod sinyular the costs, charges and expenses, inctuding a reasanabls attwney's fee and costs of abitracts of title, incurrod or pa~d s~ '
any time by said MORTGAGEE, because or in Ihe event ol ~he failure on the part of tAe said MORTGAGOR to duly, promptly ~nd fully perfo~m, discharge.
execute, effect, complete, comply w~th and ab:de by each and e~ery the stipula~~ona, agreemenrs, cond~rio~s, and covenanrs of said prom~sswy note and ~hcs
martgage arty or eirher, and uid costs, charges and expenses, each and every, ihail be immediately due and payabte; whether w r?ot tMe+e be no+~ce d~ '
i
mand, attempt to colktt a iuit pending; and the full amouM of eath ~nd every such payment sMll bear i~tereat from fhe date thereof until paid at the
rate of nine per centum per ann~m; and all said tosts, charget and expenses incurred or paid, together wdh such interest, shall be setured by Ihe lien o1 thi~
morf9age.
6. Thst (a) in the avent of any breach of thi~ Mwsgaye or default on the part of the MORTGAGOR, w(b) in the evenl ~ny of ssPd wms of money
here+n referred to be not promptty and fuliy paid wi~hin th~rfy (30? days next after the seme seve~atly become due ~nd payable, withovt demand a ~otite,
or {c) in the event eath and every the stipulations, agreements, conditions and covenants of sa:d prom7uory note and th~s mwtyage any w ei~her ere not
iuly, promptty a~d fully performed, d~scharged, executed, effected, compteted, comptied with and ab~ded by, then in e+rher w any svch ev~ent the said ag
gre9ate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and a!1 moneys secured he~eby, ihall become dus and pay-
able forthwith, w thereaf~er,.at the option of said MORTGAGEE, as fully and comple~ely a~ if all of fhe said sums of money were wiginalty stipulated
to be paid on such day, anything in sa~d prpmi:sory note or in this Mortgage to the contrary notwiihstanding; and thereupon w thereafte~ ai 1he opt~on of
sa~d MORTGAGEE, without not~ce or demand, suit at Iaw or in equity, therefore or ~FKreafte~ beyvn, may be prosecuted as if ell moneys secured Mereby
had matvred pnor to its institution.
7. That i.i the event that ot the beginning of w at any fime pendirg any su;t upon this Mortgage, w to foretlose it, or to reform it, or to enforce
paymt~t of any claims hereunder, said MORTGAGEE shall apply to the Ceur~ havi~g jurisd~ction thereof fw the appointmenl of • Receiver, such Court shalt
Forthwith appoint a receive~ of said mortgaged property all and singutar, includ~ng ati and si~gu~ar the inmme, profits, issues and revenues from whatever
so~rce der~ved, each and every of wh;ch, it being expressly understood, is hereby moregaged as if specitically xt fwth and desuibed in the yranting and
habendum clauses hereof, and such Receiver shall have all the broad and efiective funct~ons and powers in a~yw+se er+trvited by a Court fo a Receivcr, end
c~~ch appointment shall be made by such Court as an adm]tted equity and a maner of absotute r7gM to said MORTGAGEE, and wi~hovt refererue fo the
adequaty or inadequacy of the vatue of the property mortgaged or to the so~~ency or insolvency of said MORiGAGOR or the de(endants, and that such
renTS, profin, income, issues and reve~ues shalt be appl~ed by such Rcceiver accwd~ng to the lie~ or eguity of wid MORIGAGEE aod the practice of such
Courf.
8. To duly, promptly and fvlly perform, d~scharge, execute, effea, mmplete, comply wilh a~d abide by each and every the stipulations, agrecments,
cenditions and covenants in said promissory note and this mortgage ut forth.
9. That in the event the owrtersh~p of the mortgaged premises, or any part thereof, becomes vest~d +n a person other tfian the MORTGAGOR, the
MORTGAGFE, itt suctessws and assigns, msy, without notice to the MORiGAOR, deal with such suctessor a successor in interest with reference to this
mortgage and the debt hereby secured '+n the ume manner as with Mortgagor without in any way vi~iating w discha~ging the Mortgagors' liability herr
under or ~pon fhe debt hereby secur~l. No sale of ths F~emises hereby mortgaged and no forbearance on tFx pan of the MORTGAGEE or its successors
or assigns and no extension of the time fw the paymeni of the debt hereby sccured given by the MORTGAGEE or its s~ccessors or auigns, shall operate
to release, d~scharge, rtaJify thange w affect the original liabiiity of the AM1ORTGAGOR herein, either in whole or in pait.
10_ N is specifical(y agreed that time is of the esxnce of this contract and fhaf no waiver of any obl7gat~on hereunder or of the obligatan sr
currd hereby sMlf at any time ?hereaffer be held to be a waiver of the terms hereof or of the instrumen~ secured herby.
11. In add~tion to the forego:ng monthly payments of princ pal and interest requ~red by the promissory ~o!e secured hereby, morlgagor tove~ants
and ag~ees to pay to mortgagee v~ith each month:y payrnent an add~~'anal sum est~mated by mortgagee to be equal to l~'12 of the ennual cost oF the follaw-
fng:
A-All real property taxes levied w asseucd agai+~st thc above dexribed real estate. ~
B-Prem~u~ns on fire and windsto:m insurance as here~n requ~red to be carried on the improveme~ts situate on tFe above destribed premises.
C-Premiums o~ such mortgage guaranty insurance as mortgagee shail fro~n t;me to lime deam fit to tarry on the ban secured hereby_
Mortgagee shall from time to fime notffy mortgagor in wr~t~ng of the amount due and payaWe hereunda~ and such sum shall thereupon be due and
cayable on the d~e date of the next monthly payment and each successive month thereafter ur.til mortgagee shall notify mortgagw of a ciwnge in sucR
a~iounf. 5uch sums sF.ail be app(ied by morrgagee toward the payment of real property taxes, insurance prem;ums, and mortgage guaranty insu~ance
p~emivms- j /
IN YlITNESS Y~HfRiOF, the said MORTGAGOR has hereunto set his hand and seal the day and r f' afore d. /
5' , Sea{ed and delive~ed in the presence ofc ~
s ` /rj an
J
, . . ~ ~ SeaQ :
~tt1 ~Seaq ~
~ Erma~N~Carter ~s~an
~
I SjATE OF FLORIDA ~ .
' St. Lucie u-
i couNn oF
~
! Ed~rard E. Carter
Before me personaliy appeared •-•~r'' ~ and
' EZma N. '
E ~drte! his wife, to me well~ ~ `at~ ~knosvn to me to be
; ~he individvals described in ~nd who executed tfie for oi instrumem, and acknowledged before me that they exetu~jhq;~nP tdr, tIN purposes
F Erna N. Car~e~ , .
; therein expressed. Ar.d the sai
i .,ife of the said ~dward E. CdZtEZ ?~1 I ' 8 isp~rale ~snd privsts
=xamination by me taken separate and apart from her said husband, scRnowledged to and before me that she e7cetY~1 +~ry~rw~n!~}FN]y:and volun-
~ rarily and without sny computsion, co~straint, apprehensi fear of w from he~ said husband. " S~ ~ 1J ~:1
~ WITNESS my F?and and official ual thi~~ day of `Tu~ ~ '+'/1~ D. 19 73
~ ` • - ~ ~ ~p _
J ~ -+~s
`
Notary Public in and for tltR s ~ a} ~arye
' My Commission expites: ~ v~ s,~•`
Return To: '~Nllnt~
i . , --s
~ Fint Federal Savi~gs 3 loan Association
~ Of fort P~erce.
Fo~t Pierce, florida ~i~p7pRV pU6LIC, STAtE d fL~R~~A ae uRrf
i
~;Y ~p~t~,i1SStUN E7~PIRES SEPT. 25, ~915
~ Ban6e+i Blf l~ner~car? Ban~css Insurance ~%o-
fIIED Afig P.E;,CRAFp ~v~~s
i This Instrument Pre ared B . st ~UCIE ~
s p y John W. Collins F" R,tS
First Federa! Savings & Loan Association q: C1Cef~~~•E'~U~, COJRT
f . of Fort Pierce~ Florida ~FJ '`FS=J...`~ ~
r Checked By ~ J~(, 30 a7 27 p~ ~1 /n6t'
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