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J. To pl~ct ~nd coni~nuously keep on thr bu~:d~rgi now w he:eafter u~uate on said land and W1 ~~I lQJI~H~1tf1I a,~V ~~fO~11IIy COYtI~V by ~~1/ T011lr
afl~, with all premivmi thercon pa:d ~n full, fue inwrance in the ~~swf standard poiity iwm, ie+ ~ ium a~Exo.cd by ~he MOR~GAGEE, and w~~+ds~am
insurance in ths ~swl srsnda~d pol~cy fwm, in a s~m approved by the lNORiGAGEE, i~ iuch company w compa~~ei as ~he MORIGAGEE m~y
direch ~nd all fir~ and w~ndstorm in:urance poiiues on any of ~a~d bu~Id~nys, any inter~~t ~tkrein or part thereof, in tf» aggreqa~e s~m •fores.~d or
in excesa ~he.eof, shall contain ~he wual standard matgsgee dause o~ such o~he~ clause ~s ~M Mw~yagee may requ~rs, ma?~rg ~M to~s unde+ ?e.d potf
cie~, each and every, payable to said MORTGAGEE as ~t~ imerest may appear, and each and we~y such poiocy sMtl be promptly ass 9ned •~d de~~Ye~ed ~o
any held by said MORiGAGEE as further security to sa~d mortgage debt, and, not less tMn ~en (10) days in ad~a~cr of the expirat~on of each pol:cy, ~o dr
liver to said MORTGAGFE a renewal thereof, together with a rece~pt for the premium of such ~enewal; and there shall be ra f~re or winda~o~~n i~sursnce
placed on any of said buildings, any interest therein or part thereof, unless in the fam and wifh the lou payab!r as aforeuid; and in ehe evcnt any sum
of monsy becomes peyabte undrr s~,ch policy w pol~c+es w~d MORfGAGEE shall havs the opt~w? to receive and apply the same on accovnt oi ~Ae indebfed
neu secu~ed hereby w ro permit seid MORTGAGORS to receive and us~ it w any pa~~ ~hereof fa o:ner purp~ses, w~tnout ~h~r~o~ wa,.,~:.3 c~ ~~~:pa~r-
iny any equity, I~en or right under or by virtve of Ihis mo:tg~ge; and in Iha eveot ia~d MORTGAGORS shall fo? any reason fai) to keep the said prem~s=s so
7n~u?~d, or iai! to deliver promptly any of wid policies of insurante to sa~d MORTGAGfE, or fail promFtly to pay fu~ly any pre~mum ~hcrefw w in any
re~pect iaii to periam, d~it~i.+y~, ~,~,.-.,,ia, a::b:i, cw::r:ctc, c~.-~ j==•h ~^d a~~ tiy rovenant_ or anv oa~~ htreot, u~d MGRt(',AGEE may p:ace a•.d
pay fw suth insurante or sny part the~cof w~thout waiving o~ alfectinp a~y optlon, lien, equity, o~ righ~ under w by virfue ol th~s Mcvtgage, and ~he
full amount of cach and every such paymeM shall bo imrnedia~ely due and payable and shall brar intere:t lrom the date tF+creof unti( pa~d at the ~aee ot
n+ne per tentum per annum and to~elher with such interest sha(i be srcured by the lien of thls mottgage.
To permit, commit or sutfer no wasre, impai~ment a deterioratio~ of said proprrty or any part the~eof.
S. To pay atl end singular the costs, charges snd expenscs, including a reasonable attwney's fee and cos~s oi abstrads of tiT'.e, ir+curred o~ pa~d a~
a~y time by sa~d MORTGAGfE, because a in rFM event of ihe fa~lure on ~FK part of the said MORTGAGOR to d,ly, prompily a~ed fuily periwm, d~xharge.
execute, ef(ect, complete, comply w~lh and ab;de by each and every ehe stipular,ona, agreenxnrs, conditions, and covenann oi sa~d promiswry note and th~~
mwtgsge any or e~~her, and sa:d costs, charges and expense~, each and every, shatl be immediatcty due and payab:e; whe~h~r w not fhe~e be not:ce dr
mand, attempt to coltect a suit pend]ng; and t(x full amount of each and every such payment shall bea• in~erest f~om the darr thereot unril pa~d at ~he
rare of n+oe pe~ centum pet annu:n; and all said toats, cha~ges and expenses incurred a paid, logether w~~h such interest, shall be sec~red by the I~eo of tha
mwtgage.
6. That {s) in the event of a~y breach ot this lNortgage w default on the parf o! the htORTGAGOR, or (b) in the event any of sa:d sums of money
herein referred ro !m .~ur yrumpfty aad f~!!~ ;,aS~ ::~i!h~n th,rty ~34! day~ ne¦t after fhe same severetly become d•.x and payable, wirhou~ demaed or notice.
or (c) in the event each and every the stiputations, agrcements, tonditions and corenants of sa:d promisswy note and th~s martgage any pr enhcr are noi
~oly, promptly and fully performed, d~scharged, execured, effected, compieted, compJled w:~h and ~b~de~ by, then in e:tF.er or any such evem the sa~d ag
gregate sum meMioned in said Fromissory note th!n rema;ningi unpaid. with intere:~ acuued, arid ail moneys xtvred Ae~eby, sha11 become due and pa~/-
abte fort~with, a thereafter, at the opt~on of said MORTGAGEE, as fuliy and compieteiy as if a~i o~ riK sa~d s~ms af rr.or.ty v~ere or,grnr~!y se.~,:a~td
to be naid on svth day, anyrhirr~ in sa:d promissory note or in this Mortgage 1o the contra~y nof,Nirhstand~ng; an.9 thereupon or thereafter a~ the opnon of
said MORiGAGEE, wi~hout not~ce or demand, suit at la~v or in equity, thereiore or thereafter begun, may be prosecuted as if aq moneys secured hereby
had mawred p~~or to its institution.
7. ihar in the event that at the beginning of or st any fimr pe~ding sny suit upon fhis Mo~tgage, a to faedox it, or to refwm it, or fo enforce
payment of any cla;ms hereunder, said MORTGAGEE shali apply to the Court having ry~~sd~Uion thereof for the appo~ntment of a Receiver, such Co~.t sha~l
Forthwith appoint s r~eiv~r of said mortgaged property all and singular, includ,r+g al! and singular ~he income, proids; issues ar.d re~znves lrom v~h~ie.er
scurce derived, each arx~ every of wh~ch, ~t being expressty understood, is i+ereby mortgaged as if spec,ficaity set forth and deu~~brd in the g~anT;n3 a~d
habendum dauses hcreof, and such Receiver sha11 have afl the broad and effect~ve funct,o~s and powers in anywise enrrusred by a Cc~-t to a Recri.er, a• d
s~ch appointmenr shall be made by s~ch Courf as an admitted eq~ity and a ma~ter of absot~te right ro said MORTGAGEE, and wi:F.out refere~~ce ro~t,z
adequacy or inadequacy of ~he value of the property mo~tgaged o? to the so~vency or insotvency of said MORiGAGOR or the de+anden~s, a~tl rher s„ch
ren~s, profits, income, issues and revenues shaii be apptied by such Receiver accoad:ng to the lien w equity of u~d M10RTGAGEE and tt~e pracnce of s~ch
Cour1.
8. To duty, promptty and fully perfwm, d~:~harge, ezecut~, effect, compiete, comply wi~h and abide by each and every the st~pu;at~ons, og~ee~::e~ts,
conditions and covenants in sa~d promissory note and th~s mortgage set fwrh.
9. That in tAe eveM the ownership of th. mo~tgaqed premises, a any part thereaf, becomes vested in a per~n other than t?~e MORTG4GpR, the
h10RTGAGEE, its succeuors and auigns, may, wi~hout nor~ce to the MORTGaOR, deaf with such successa ar wccessw in mterest w~!h refrrer,ce ta ih~s
mo:tgage and the debt hereby secur~d in the same manner as with htortgagar w~tlwut in any way virating or d~scha~ginq the /Aorrgrgo~s' iiab~i~ty he•e-
u~~ue~ .,t,o:. ;;,a dc-bs `:c:c:y !do •_•E ~o~ 6~,.hy ..,~.~oaoed and no forbearance on the part of the )AORTGAGEE or its successon
or assigns and no extension of the time ior the payment ~o~ the debt hereby sec~red given by the MORiGAGEE or its successxs o: au.gr.s, at.au o;.erste
to release, d~xharge, modify change w affect the orig~nal liab;t~ty of the MORIGAGOR here±n, eithe? in whole a in part.
10. !t is speceiecally ag~eed that lime i~ of the essence cf this contract a~d that no waiver oi any obl~gation hereunder w of the obligat~on sr
cvred hereby shsll at any time thereafter be heid to be a waiver of the terms hereot or of the instrument srcured he~by.
11, In add~tio~ to the faego ng monthty payments of prinCpal and inte~est required by the prom;ssery nc!e secured h~reb~, mortgagor covenar.ts
and agrees to pay to mortgagee w~rh each monfhiy pay..~eM an add~~~onal sum est~n:a+ed by mortgagee to be eqval to i; 12 of the amual cost of the fofiow-
ino:
A-AU real property ta~ces Ievied or a:sessed agai~st the above described real estate.
B-Prerr.~ums on f~re and windsto~m ~nwrar.ce as here~n r~qv:red to 6e ca~r~ed on the ;mprovemeats s:ruate on rhe above d~su~bed prem~ses.
C-Prem~ums on svch mortgage guaranty insura.:ce as mor:gagee shall frar. t:me to time deem fit to carry on the loan secured hereby.
Idortgagee shall fram Nme to t~n:e notify mortga3or m writ]ng of the arnou~t d•re aod paya5te he~eundrr and such s~~ shail thrreupon be due and
F,syable on the due date of the next monih:y payment and each su:cessive mo~th tnereaft~r ur.til mcrtgagee shatl noi;fy martgagor of a change in wch
a~*:ount_ Suth sums SHai1 be applied by mortgagee toward the payment o~ real property taxes, insurante prem;vms, a~~d mortgage guarenty insurance
p~emiums.
IN WITNESS WHERc the said MORTGAGOR has Fereunto set his hand and seai tiu day and year first aforesaid. _
ig ~ 5 t~d ' e~d i the p e nce of:
~ t5ea0
,
~ ~ ~ %!L~ (Ses4
{SeaQ
4'it sS Joa R. ROffe ~~aq
~ S7ATE OP FLORIDA ~
St . Luc ie u-
~~urvrY oF
Before me penonalfy appeared Robert A Roffe a~
j - ,JQall F. Rof fe his wi{e, to me well known and known to me to be
tn> ind;viduals described in and who executed the foregoing instrumem, and adcrqwletiged before me that they executed the same for the purposes
~ rh>rein expressed. And the said_ JOa17 F. Reffe '
~ ++ife or t~ ~~a Robert A. Roffe
i , vpon a separate and pr'rv~te
exam~nation by me taken separate and apart from her sa+d husband, acknowledged to and before me that she e:ecuted said instrumeM freely and vo3urt-
ranlr and without any compulsion, constraint, sppre ~r fear of or from FKr said hu~band.
WITNESS my hand and official seal this__ ~L~ ~o{ Dece~ber l~,~Jf ~ F
,ttitt 1t'
, ti ,~)p,~~;.
J%~ G ~ .
~ Notary Pubtic in and for the State o( F'qri~ •tpe .
My Commbs;on expires: ~
Return To: ~+4'~H 7/9 7 I r~@~ rl ti p' ?
First Fede~al $avings E loan Associat~on =`z : Q ? Y ~ _
OF Fort P:erce. .+~c'~' f'!'. . S~'rt` ,yjt~;~iF ~ r : ~
~ Fort Pierce, iloridj NY f~~'. . f., : r.~ ~
F. „ ~ '~~~~s ~J^ ` C~
~u t~ ~ . ~ . ,1~, ~ ':~V r~
j. ~ .!~..~.~A`.
ST~CT ~ .~'a
This Instrument Pre ared B GaYy F. EllwOd~'i~~~~~
~ ~ ~~~~+`~'~~~~~1
P Y ~OC~fi ~OiTRAS ~
First Federal Savings & Loan Association CLER~ ~}t~~WT t0Y1tT 1 ~ 1
of Fort Pierce ~ Flotida P.~COAt? VfF~~'IfD
` Checked By ~ ~l ~1 QO ~ ~~J
i
2~os34
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