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To p~ace and continuously keep on the bui.dmgs now w hc~eaiter ~;tuate on said ~and and u+ •11 eq:,i~nenf and person~tty covc~cd by th.s mong
•y~, wi~h atl prem~umt therco~ pa~d in tull, f7re in~urancc in ~he usual st~ndard potity iorm, in • sum appro.ed by ~he MOR~G:.GEE, a:~d w~~dato~m
insurant~ in Ihs usual standard pol~cy fonn, in s sum approved by ~he MORTGAGEE, in ~uch company or compan~es ~a the M02TGAGEE ~+ay
d~recl; and •II fire and wlnds~orm insurance polic;es on ~ny o( said buitd~nps, any ioterost theiein o~ pa~t ~hereo~, in the ayg~eya~e s~rn afaesa~d w
in ~xcets ~hcreof, shall contain the usual s~anderd morigagaa dause a sucl~ o~hsr d~u~ at the Mo.~gagee may ~cqu.r~, m.ak~nq ~he +o~~ ur~der sj.d poli-
des, each and every, payabts to said MORIGAGEE +s ~ts iroe~ett may ~ppea~, and each and ev~vy tuci+ poncy sMtl be promptty ass y*sed ar:d dei:Yered +o
any hetd by ssid MORTGAGEF as furthe~ ~ecu~ity to said inottgage deb1, and, not teu ~han ten (101 days in adys~ue oi ~he e¦piration oi exh po1Ky, to dr
I~va~ to uid MORTGAGEE a r~newal thercof, ~ogeiher with a raceipt fw the premium o1 tuch renewal; and ~hare shall ba no i~re o~ «~~ds~c.m ir.it/rdnC!
placed on any of iaid buildirx~s, any imere~t thaein o~ part the~eof, unless in the fo~m and w~th ~he loss payable ai ~+cresaid; ar+d in ~he e+ent any swn
of mpney becpnes payable unde~ such policy a poGcias said MORTGAGEE shall have the optwn to receive and apply tIx sa~ne on accou~u o! Me indrbtec~
nesa secured hereby or ro permit uid MORTGAGORS Io receive and use it a any pa~l the:ao~ for oiner pu~~.cses, ~•.~~hc~t rh_•~o~ :f;..~ ~3 0+ ~~•~p+~••
inq any eqv'rty, lie~ w ~iqh! unde~ or by vinus of ~hii mo:`gage; end in the eve~t ta~d MORTGAGORS shafl ior any reason fait to keep ~he sa~d p~emisrs so
inaured, w fail to deliver promptly any of said policiea ol insurance to se~d MORTGAGEE, a fail prompfly to pay fu:ly any prernwm thcre/o~ p in any
respect fail to perfwm, discha~ge, eYecuta, effed. comptete, comply with ar+d abide by th7s covenan?, a a~y part hrreof, sa~d MORTGAGEE may puce a~o
pay (or suth i~surance or any part thereof without waiving w affecting any option, lien, equity, o~ right unde~ w by v~rtue of this Mafgage, ~~d the
full smount of each and every such paymem shall be 7mmed"utely due a~d payable and shait bear interest f~om the date rhrreoi un~11 pa~d af fhe ra~e o~
~~~e pe~ centum per annum and to~ether with s~ch interest shaU be secured by the leen oi thi~ rtwngage.
Io permit, [ommit o? ~~tfer no waste, impairmem a deteriorat~on of sald property or any part thereof.
S. T6 psy att and singutsr the cost~, cha~g~y a~d expe~sea, inctudirg a~~aso~ub:o atioroey i fee, and cost~ :of ab}tracts_ oi t~tle, incurred w pa~d ~t '
any time by uid MORiGAGEE, becauu a in the eveM of the fsilure on tIu pan of 1he said MORTGAGOR to duly, p~o..,pt.y and f~:ly pe~form, d~scharge
exetute, effect, complete, tomply w~th and ab;de by each snd every tF+e stipulet~ons, agreements, tonditions, and covenants of sa~d prom~ssory note s~+d th~s
mwtgage any or either, and said costs, charges and expenses, each and every, sMll be immediately dve and payabte; wheiher w not ~here be na+~ce da
mand, attempt to colletf ot suit pending; and the (u!1 amount of tach and every suth paymeM sha11 bea? interes~ irom tke date li.e~rof ~rsti! pac~ af the'
~afe of nine per centum per annum; and all said costs, charges and expenses inturred or paid, together w~th s~ch inte~est, shaii be secu~ed by the I~en of thd
morlga~p, ~
6. That~(a) in the event of any breach of this Hlortgage oa default on the part of the MORTGAGQR, w(b) in ~he event ~ny of sa d sums of mo~ey
herrin ~eferred to be not promptly and fulty paid wi~hin th~rty (30) days next after the same severa!ly ~come d~e and payable, wi~hout demand or not~,
or (c) in the event eath and every the s~ipulations, agreement:, conditions and covenants of sa:d promiuory rtote a+od rh.s mwt9age any a eithtr are nW
~.~'•y, ~.vempt!y snrl fully pe~formed. d~scharaed. executed, effected, compteted, compi~ed with and ab~ded Sy, then in e~fher a any such event tfie sa~d ag
gregate wm mennoned in said promissory oote then rema~ning unoaid, with :nterest atcrued, and au moneys secureo nerei.y, aiw~~ i,eto.r.o .~.,,a s.-. ;~,ay
abie forthwith, or thereafter, at ihe opt~on of said MORiGAGEE, as fully and comple~ely as if a?I ot rF.e said wms of money wcre o~girusly st+pc„ated
to be pa~d on such day, anything in said prom~ssory oote or in thia Mwtgage to the conrrary notwirhsrand~ng; and thereupon or thereaftn st tfie opt~on of
sa~d MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereat~c-~ begun, may be proari~tad u:f ai! rr.rr~ps sr.~ted !xeby
ned maWred pr~or fo its institution.
. at m 1 evenf t a a beginm it.-oc-l~_seipta~_iL ot .f r
payment of any claims hereunder, u~d MORTGAGEE shal! apply lo the Court having jurisd.ction rhereoE fw the appo~ntment of a Rece:rer, suth Covn shall
fortbwirh appoint a receiver of said mortgaged property all ar.d singutar, ;nclud~ng a;l and singulsr the ir.come, prof~ts, issues and revenues from rrhatever
source derived, eath ant! every of which, it being expressly understOOd, is F~ereby mortgaged as if spetiiKally set fOrtA snd desCribed in the g~anting and
habendum clauses hereof, and such Receiver shall have all the b~oad and effecr;ve funct,ons and powers in anyw~se er+trusted by a Court to ~ Receiver, and
s_ch appointment shall be made by such Court as an admitted equity and a~ratter of abso~ute right to sa~d A10RTGAGEf, ~nd withovt re(erence to the
adequaty w inadequacy o( the value of the property mwtgaged w lo the soivency or insotvency of said MORJGAGOR a the defendanrs, and that such
re~rs, profin, income, issues and reve~ues shall be app:~ed by iuch Receivcr atcord~ng to the lien or equity af said MORTGAGEE and the practice of such
CouA.
8. To duly, promptly and fully perform, discharge, execute, effect, comptete, comp(y wiTh and abide by each and every the st~puiatrons, ag.ermc+~ts, -
conditans and covensnts ~n sa~d promissory note and this mwtgage set fwth_
9_ That in the event the ownership of the mortgaged premises, w any par~ tnereof, becomes veyted in a person ot}m than t1•e MORTGAGOR, the
M1'•ORTGAGEE, its successors and assigns, may, withan notice to the MORTGAOR, deal with such succeasor a s„ccesser in iMerest v.~+h reterence to tho
R~c~rgage and the deb~ hereby secwed en the same manner aa with N~ortgagor w~thout in any way vihating o? d~xharging the Moragagors' tiabil;ry herr
L~nder w upon the debt hereby secured. No sale of the premises hrreby mortgaged and no forbeara~ce on the part oi the lhORiGAGEE or its successors
or assigns and no extension of the time fo. the payment of the debr hereby secured given by ttx MORTGAGEE as its svtcessors w ass;g% s;-.all op~rate
~o re~ease, d~xharge, modify charge w affe~ct the orig~nal Gab~hty of fhe MORiGAGOR he.e]n, either in whole or in part.
10. It is spet~fically agreed that time is of the essence of this cont~act and that no waiver of any ob~~gat~pn hereunder p of the ob!gation sr
cured hereby shall at any time thereafter be heid to be a waiver of ~he !erms hereof w of the instrument secured herby.
I1. (n add~tio~ to the_iorego_ng monthly payments of princ'pal and interesi requ~ed by the prom;ssery no!e sec~r~ hereb~, mortga~r covenants
and agr~es to pay to mortgagee with each momhly pay~nent an add~rionbl sum est~n:ared by inortgagee to be equa~ to t,-93 ai the em+ce! cosrof fi~e fo::owr-
„g:
A-All real property taxes levied or asaes:nd agai•ist the above descriyed real estate.
8-Prem~ums on fire and wendstorm insvrar.ce as herein requ~red to be carried en the Emprovements situate on tha abave described premises_
C-Premiums oA such mortg;ge guaranty insurar~ce as mortgagee shall from time to time deem fi~ to cu~y on the loan secured herehy.
Mortgagee shail from time to time norify mortgago~ in writ~ng of the amo~nt due and payable hereundzr an~ such su~n sha:f thereupon be d~e and
c~rable on the due date of the next month;y payment and each sectessive month theres4ter ur.til mortgagee sha!1 nat;fy mortgagor of a~hange in such
~-ount. Such sums sha~l be appiied by mortgagee toward the payment of real properiy taxes, i~surance prem:ums, and mwtgage g.,aranty insurartce
o~emiums.
IN WITNESS WHEREOF, the said MORIGAGOR has hereunto seT his hand and seal the day and ear fir t afpesaid.
Signed, Sealed and delivered ' the piesence of: /
s~
_ - Fr J. otino J. ~
' ene Votiino n
5?ATE OF FLOR~DA ~ • •
St. i.ucie
COUNTY OF
Before me personally appeared Fred J~ VOtfIlO .jlr~
~'Z~I1e VOt~1'10 his wifq to me well known and knov~m fo me to be
rhe individuals described in and who executed the fwegoing insfrument, ~cl~cnowCedge3~efiie'me ~tfi3t fhe~T"exe`~uf~f"t?~'
rherein expressed_ And the said ~1~le VOt~!!O
N~fe of the ~~d ~ F=~d J. Yotino .IY • upon e separare and priwt~
examinatio~ by ;qya~b{I~~.~Nte an~ apart {rom her said husba~d, atknowledged to and before me that she ezecuted said irotrument jreely and votuo-
rar~ly and w~tho a. putsion, constraint, appreh nsion, w fesr of w from her said husban
. ~ ~
WliT1E5S'rO+~'~I~'and official-seal this ~ day of a a. ~~3
_ -J: 4-~,~ . ' C
. ~ ~ , rJ
v :J~ ~ , . . otary Public in and for the ate of Florida at larye
- ~ ~ , _ My Commission exp:rea:
t' ~ Retum joL~+ - . ,
First FedH~l ,Ssrin~`,.i~lf~n Association
Af For! P~'rce, MM~ry 11~M~. SNAe ~f lleeide ai tw~ i
Fort eiFe, ~FJw~da Mr Co~rsrw Exrrw Oa- 70, 1!!1
hn4ed br ~:~con Fn 6 toswNy G.
This I~strument Prepared By J• H. Roberts, JY • ~ • ~ LED AMC aECLR~EO
~~.IUCIC ~OUMTY FLA.
First Federa(' Savings & Loan Association RuLE~ ?'~~+sBAS
. of Fort Pierce P'Iorida CIERt C: +tJ~T CO~RT
! ~Ff;BftC' Vr: t~cry
Checked By`~- I,6 ~u j
c r~
BO~K~18 PACE~~g~
2s32.'79
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