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J. To place ar,d cont~nuo~s,y keep on the 6.~~'Ji~:9s now or hr~eofter s~fua~e on s~~d land and on al; ey~~p~r,~nt ar.d peraona:ly ca.er~d by thla mor~u•
age, wi!h dli premiums theraon pa.d i~ii, t:r-r ins.::a.~.e m ih~ vs~at s~snd.ard Nc•:,ty (orm, in a wm d{.provrd by fhe hl::'R+u:+GEf, and winds~O~m
~nsurance in the ~sval srandard po:.cy }orm, in a sum a;.~.ro.ed b~+ fhe A10kTGAGfE, in wch co~npany or co•npan~rs as the A1CRiGAGFE m.?v
diteth ant~ dtl {ire and wmdsrorm inSU!anc@ poi~urs on Bny of ya~d buitd.nys, any interast therein or parf t~e~eof, in Ihe agg~egate fum dforesa~d or
in eacess thereof, shafl cont,~;n 1he us~al standa~d morty~gea d.~:~se cr such o~F~er clause ae ~he btortyagee may requ.r~, meAing ~nr ~oss unJar sa~d poii-
c~r~, each and every, paya~:e to sa~d \~JRTGAGEE as na ~mr~cst may appear, and each and eve~y such po!~cy sh~+l be pro~npfty asa 9nrd o~~d dei~vcr~d To
eny held by said MORiGAGEE as fur~hr~ secur~ty to sald mo:tgsge debt, and, not ~ess ~han ~en (t0) days in ad~an~e ol thr e~pue~~on of each poLCy, to de-
I+ver to s~id MORIGAGEE a~enewal the~eof, toge~her w~th a rece~pt for Ihe pra~n~um of such renew~~; and ihere ~h~ll be no f;re o~ w~~~dsro~m 1nw~ance
pfaced on any of said bui~dings, aoy interesl therein or part therecf, unlees in ehe form and with the Ioss payaule as aforesaid; and irt the event any sum
of money becomes payab~e ~nder such poticy ar poGcies sa;e1 A~ORIGAGEE ehsil have ~he opt:on to rece~ve and apNiy the same on account o( the inJ~•otcd-
ness aewred her~by er to perm~~ si:d IAORiGAGORS ro receive and vse it or any ;;ar~ rh~~:eof ior c:r~~~r p„i;,;srs. c.~~hv_t 'h,•.~i ..c~.~ c~
~ng eny equ~ty, Gen o~ ~~9ht und?r or by virtue of th~s morga9z, and in the evem sa d AtORTGAGORS sha!! for any reason fai! to kcep ~he sa~d premis_~0 so
~nswed, or !ai! to de'iver pr~mptly any of sa~d poLc~es of insurance lo sa d hiORiGAGfE, or iai; prcmptly to pay fu'~ly any pre ,,:n theretor or ~n any
respect fail to perfo~m, dr,chdrge, execu~r, eflect, ca~~plere, con~ply wiih and ab~de by th~s covenan~, or any p.~n hr~eof, sa~d MuktGAGEE may piac•~ a•o
pay tor such insurance ar any pa~r rherzof wnhour wa;v;ng a atfecring any ppnon, lien, equay, or ngM under or b~ w.tue o~ th~s hlortgaye, and thc
f~11 amo~nt of each and e.ery s~ch payment shatl be ur.med~at¢ly d~e and payable end shall bear i~tertyt fro~n ~ho date ~hrreof uiuil pa~d at the rare ot
n;ne per centum pe~ arnum and ro3ath~r vc~~h such intrr~it shaii :x ~,•c~red by the Len of ih~s mo~tgage. '
1. To petmit, comm~t w suffer no woste, impa~rmrnt or deter~orat~on of aa~d prnperty or any part thereof.
5. To pay all and s~ngular the coste, cha~ges and expenses, ~ndudi~u~ a reasonable anorney's fee and costs o4 abstracts ol tit!e, incvrred or pa]d a~
any time by sa~d A10QTGAG:E, because er in the event oi the fa~lure on ~he part of the said MORTGAGOR fo duty, pron~pfty and (v~fy parform, d~scharge
execu~e, effect, canplete, canply w~th and ab;de by each and every the st~pulai~ons, ayreenoems, cond;t~ons, and covenents of sa~d promisso~y note and this
~:orrgage any or e~~her, and sa d coirs, charges and expenses, each and every, shail be immediately due and payabte; whefher w not the~e be nor~ce dP
r,~and, attempt ro colied or suit pend~ng; and the full amQUnt of each and every wch paymeni shaU bear i~teresr /rom ehe date thcreof unlil paid at the
~ate ~i nine per ccnr~~n p~~r an~:~r.; v»d ai~ said costs, ci~a~ges anJ ~aponses incvrred or pa~d, toytthar w~th such ~nterest, ahall be secured by the lien of th~s
mortgage.
6. The1 (a) in the event oi any breach of this Mortgage or default on tt» part of the MORTGAG.7R, or {b) in the event any oF sa:d sum.s of money
here~n referred to be not promprly and fu~~Y Da~d wi~hin thuty ~3~) dnys nex~ ai~e~ the sa~ne severa~ly betome due and payab!e, without demand or nct~ce,
or ;c) in the event each ar.d every the stipu~at~ons, agreemen!s, cor.d~~+ons and covenann of sa d promissory note and th~s mortgage any or either are not
~uly, prompily and (ully perforn,ed, d.scnarged, eaecuted, eifected, canp~etrd, comptded with and ab+ded 5y, then in e:ther or any such event the sa~d ag•
qregate sum menr;oned in said promtsso~y note then rema~ning unpaid, with infere~i accr~ed, and atl moneys sewred hereby, shall betome due and pay
ab e torthwith, or tnereafter, at trte cpr;onti f sa+d A1021GAGEE, as ful~y and compietely as if alt of thr sa;d sums oF money were ong~na;ly st,pu:atcd
ro be pa;d on such day, anyth;n~ in sa:d p~o-n,ssory note or in this hlorfgage to the conrrary notwithstanduzg; and thereupon or therealter a~ the opf,on of
s~.d MORTGAGEE, without netice or demar.d, svit at ~aw or in eq~~ty, therefo~e or thereaftrr beg~n, may be prosecvted as if all moneys satureo hereby -
n,d matured pnor to .ts ~nsutut~o~.
7. That in the evenf that at the beyinnfng of or at any Y,me pend~ng any w~t upon this Mo~tgagr, or to fweclose i1, or to reform it, or to enfcrte
payment of any da~ms hereunder, :aid VORTGAGEE shait apply to the Court having ~unsd:ct~on fhe~eo' for the appo;ntmem oi a Re~e.ver, such Co~rt sF~aff
fc:rhwith appoint a rece~ver oF said morigaged property afi and singuiar, in~tud•ng aii and singuda~ ti,e income, prof.ts, issues and revenues from whate~er
scurce deri,red, each and every of wh:ch, it i~e~ng exp,rss!y unders+ood. ~s hereby nwrtgaged as if spec~fically set forth and described in ~he grant~ng and
h~bend~m dauses hereof, ar.d such Recei~er sha~; have at! tne broad and efiec!:ae f~nct,ons and powers in anywise entrusted by a Covrt to a Recr~ve~, and
s_ch appoin!menr shatl be made by such Co~•t as an ad.;itfrJ equity a:~d a matter of absolute right to said MORTGAGEE, and with~ut reference to the
adeq.,acy or inadequaty of the va!ue of the prope:ty mortgaged or to the so:vency or inso~vency o( said MORTGAGOR Or the def~ndants, and that ivch
renrs, profits, income, iswes and revenues shail be appi~ed by such Receiver ac.ord~ng ro the ~~en o~ equ;ty of sa;d MORTGAGEE and ~he practice of such
Court.
8. To d~!y, prompt'.y and ful!y perform, discharge, execu?~, effect, complete, wmply with and abide by each and eve~y the stipulations, agreemeMS.
conditions and cavenants ~n sa~d promissory npte and this mortgage set forth.
9_ That in the event the owr.ership of the mortgaged prem~s<_s, or d:1y' pLfT fhercof, becomes vested in a person othsr fhan the MORTGAGOR, the
:`,JRiGAGEE, its successors and assigns, may, wiihout no~rce to ihe YORTGtiOR. deat w~th svch successor or sucr.esso~ in ~nterest wirh reference to th~s
mo•~gage and the deo~ hereby sec~red in the same manner as wiih lho.~g~go~ w~~hout in any way vit:ating w dacharging the l.tortgagors' liabiiity he~r
e;r,der or upon the debYhe~eby sewred. f~to sate of the F~em~ses hereby mortgaged ar.d no forbearante on the part of ~ha IAORTGAGEE or its successors
or assigns and no ex~ens~on of the teme for the payment of the deb~ hereby secured g~ven by the MORTGAGEE or its wccessors or au~gns, s{,all operate
ro re!ease, d~scharge, mod~fy change or aflect the o~iglnal liab~f~ty of rhe h10R1GAGOR he~e~n, ei~her in whole or in part.
10_ tt is speufically agreed rhat ?ime is o? the essence of th7s contract and that no wai~er of any obl~gaiion hereunder or of the obligation se-
cured herehy sha11 at any iime thereafter be he!d ro be a waiver of the terms hereof w of the instr~mem secwed herby_
~ 11. In add t:on to tne foreae ng m,cnth:y paym^nts of prir.c pa! and i~,terest requ~red by rhe prom ssory no!e secured hereby, mortgagor covenants
a•~d agrees to pay to mo~tyagee .+~th rach mOn'hIy p.~~r•enr an edd~:~oRa~ svm ~•s-~„arcd 67 murtg3gee to be eguai to 1,- 12 of the ~nnua! cost of the folio~+r-
'
A-All real propeny taxei !ev~ed or assesseci agri•~st thc anove desc~~'scd r_-aI estate.
B--Pr~rc~u•:,s on i[re and v.+ndsre•~n insur3rce as i~ere~n r~qu;red to be carri~•d on the :mproveme~*s s~tuate o~ the above descr76ed premises.
C-Prc~ow~~ s on su;h r-~ort_;ge gu~~ant f ir.surar.ce as mo*rgay^ee shail fra^~ r me to t;me drem fit to carry on the loan secured hereby.
A1o~!gogee sha;l .'rom ti:ne to time nor~f f mcrtyego~ In wri~:ng of ~he a~~.o~nt d~e and payable hereunda+ and such su~~ sha!! therevpon be due a~d
i ;.,.a6le on thc due o~+~ oF tne n;:~r month'y pcymCnt and each success~ve ~conth !hereafter ucrit mertgagee sF~all notEfy mortgagor of a change in wch
a•:ount. Such wms s~a'i Ue epn'~rd by mortgag:e rorard :re pa~meni o4 real proFer:y taxes, inwrance prem.ums, and mortgage g~aranty insurance
{ p•emiums.
~ 1~: Y~ITPJESS :'IHEREOf, rhe sa~d MORTG4GOR has hereunto set h~> hor,d and seaS the day and year fint aforesa~d.
f ~Signed, S9aIe~
d de~ed in the presence of: ~ ~ ~ e
i - ~ ~
~.~laiLj.u~ C`ll~ (Sealj
~ " ~ '
~ - ~ - (Seal)
~ - (Seal)
~ (Seal)
~ STA7E Of iLORIDA '
~ COUNTY OF St . Luc_ie ;
~ Beforo me personally appeared Rnb~'i t I-. Bel l o and
F ~r ~e~`a f~el lU his wife, to me wetl known and known to me to be
z the indiv~d~als described in and who exec ted th~ foregQ i~g, strument, and acknowledc,ed before me that the executed the same ior the ur ses
~IlC~C'lc3 ;SC'i~U y P Po
t rh~rein expressed. And the sa~d___
r:+.'e of the eaid _ +ZOb~-'I't j.. Rellu
~ - - upon a separate and private
e*aminatlon by me taken separate and apart from her safd h~sband, acknow(edged ~o ~.d before rtse that she execured said instrumeN freely and vol~o-
` r3riCy and w~thoW any compu,sion, cons~raint, apprehens:on, or fear of or from her seid husband. ~
WITNESS m hand and ~ffic;ai seal this_
: Y I~?th _ day of._ ~~-tO~C'I {l. D. i9?3
L~ 1 +iiS'•ill:lll•
- - t~..-C~ .o..:~: i-
Norari Public in and i the Std4e oP ioh~ia al.l~cy}~~',j~'~'•~
Retum To- My Comm~ssion expir s: ~ ' . >
~ 7'"~7 - w .
- First Federal Savings b Loan Associat!on A
Of ~ UrT P e. re•~. y ~
- C -
; Forr R.~.ce. F;~••:da f:C.°~~.; at lA~, u
E . F- ,~~e I91L.~a,-~ ~ ~ ,
• ~..:t< ri:r.ttr~s Insurana ~ : ,v
; This insfrument Prepared ByF2ichard K. K~yes ~i~~,~, a£~~~a
- F+rst Federa) Savings 8 laan Association
Florida S~.LU:t~ ~~~M7r ~i#. ~
; of Fort Pierce ~ :;.;;;.;~,S ~
= CiERR :i'~T COUiiT
Checked By~.- pc"~.,•, . '`-0-"'~"""~
o R Oc~ [5 3 s~ PM'?3
~ 220 Pa~E 662
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