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3. To p~ece and co~+~~~~c~s~~ keep on ~hc L~~ o:n9s r.c,. or he~rahcr s~rua~e on sa•d ~and and o~ all rq~~p:+~ent a~~d perso~za!~y cove~ed by th:~ mo~ig-
ege, wi?h all premwms thcreon ~.o J~n t~'~. f.re ~:~su:a~:e n vr us..a~ s~ar~~rd po':c/ iwm, in a su~n'aHproved by ths MVR~v%.GEE, a~~J w~~dsw~m
~nsuranta in the wval sTanda~d po: cy ~w~n. a s~m apF~o•ed by rhr MORTGAGEE, suc6 compa~y o~ wmp~n.es as fhe A10RiGAGEE may
duect; and alt fire and w~nds~orm im~rance Go ~~izs on any of so~d bu..d•Ags, any intereet thertin o? pa~t thereof, in the aggrega!e sum afo~es~~d or
+n aaceu ~hereo(, stwl! ccnfa~n the usus~ sta^.J~~d :no: tgagae c~3~x o~ su:h o~he~ Na~se a~ ~M Mo~rgagee may req~~re, mak~~g tnr ieia u~~der ea~d po~'r
ues, each and every, pa;ab:e to aa~d ~~JRIGAGEE as .rs ~nfe.ru may +ppes~. +~d cach and e~ery s.xh po:k~ shait br pron:pt:y assg~~rd a~'d~t~~+~r~•d ~o
any held by ssid MORIGAGEE a~ fvnhrr sec~r~~r ~o se~d ~^o~rga~e d~ot, a~+d, nat iess ~han ten (SO) da~s in ad+a~ue ol thr e~p~~a~~on of each cy, to da
Gve~ 1o said MORTGAGEE s re~x«a1 tF+creof, to~~her w~Th a rece.pt for the prrmwrn oi such renerval; and ~here ahaU Ge ~o i~re o~ w[nds+o~~n ~~wronce
piaced on any o1 said build~~+gs, any in+e~cst there~n or part tlx~eof, vn:e~s in ihe iorm and w~+h the ioss payable as afo.eaaid; a~~d in the event any sum
of money becanes pa~abie unck~ s~ch ~w7~q a po!:c~es u~d YOR2GAGEE ahail have ~hr opt,on to ~ece~ve a~~d apply thr aame on acco~~~t o( the ind_bteJ-
ness uc~~ed he~eby a ro pam~t s.i~d /AORiGAGJRS ~o ~ecr>.r and vse if or an~ ~.t ehe:eot tor o;r~.,r 4w~.~s~s, -..~ho,.t ~hr.u/ .~.-:.::J ~~r
ing aoy equ~ty, lien a r~gh~ uMfrr or by v~nue o; ~ha mc-rgage; +~~d ~n ~he eve^r sa d MO~TGaGC~RS s~3'~ Fo~ any reaaon fai! to keep ~he sa;d p~em~ses so
inw~rd, or fail to deliver promptlY anY ef sa'd Pe~e'e~ e~ ~rtwrance to sa.d MORTGAGEE, or fJ~: prOrt:ptly fo pay fu!:y any prc~~ei~m ~hrrefor or a~~y
respect fail ro pe~form, dncharge, earc~re, e~frc~. con+p:ere. ca~r+piy w~+h and ~b~de by rh~a coYe~ant. w anY part htitof, sa~d MuRTGAGEE m~y place a~:d
pay iw sucA in~urance w ~ny pa« ~~.~~eo~ W~~~+t wa~v~ng w affeUing any op~.oo. ~ien. equ~~Y• or nght under or b~ v~rtue of tt~is Mor~gage, and thc
tu1{ amount o1 each and every such payment st+alt be ~T~med~afely d,,e ar,d payaEle aryd sheil bea~ inecrest from ~he date thereof unnl p.,~d a~ ~he rou o1
~~ne per centum per ann~m snd ro3riher r~rh wch ~nte'eSt s?+n~~ br src~rrd by the Gen of th~s morrgagr.
4. To permit, commit or suffer no waste, u*:F+~rmrm or de~r.~oraT:on of u~d p*ope~ty w any pa~t thereof.
5. To pay al! and singular the cos~:, charges and c~epe~srs. ~nc~ud~ng a reasonab!e attur+~y's fee and costs oi abstrous o( t~tfe, incurred or paid at
e~y time by sa~d MORTGAG'_E, because u in ~he e~ent of rhr fa.lure on ~ne ~an of iAe sa~d MOBTGAGOR to duty, pro~~ptly and fu:ly pertorm, d~scharge.
~,~cute, effed, complete, coa+ply wah ar.d •bdr by each and e.ery ihe stiF.,iaro.~s, agree~~rnts, cond~~~ons, and covenanrs of sa~d p:o:r~~;sory note a~.d ih~s
n,ortgage any or e:fhe~, and sa d costs, charges a~+d espenses, each and every, sM~1 be im.ned~atrty due and payab;e; whefher w not there ~Z not~ce da
mand, attempt to co!ted w suit ~,eod~~g; and the fuil amou~t of exh aod e~ery such paymem shall bear infrrest !rom ~he da~e thereof vn~il pa~d at the
re o~ .u~ per cen~~m p.:r ann~.n; and au sa~d ccsts, cr.er~rs and i1~2G121 ~rtwred ev pa~d, ~og~ti~er wah such interest, shall be secured by the iirn of th~s
mortgage.
6. That (s) in the eveM of a~y brrath of rh~s Mo~sgage of default on tFr part of ~he MORIGAGOR, or ;b) in the eve~t any of sa:d sums of money
he~ein referred to be not promptiy and fu'.ty pa~d ..~rn~? tn.rty 13~i dals nexr a'rer ~he sa+r.e sr+era.:y become due and payable, wi~hout demand o~ nouce,
or (cj in thr event exh and every ~i,e st~pu•at~w~s, agreements, co~.d:nons and coYenanrs of sa d p~cm~swry no!e ar.d th~s mortgage any or e~rher are not
iuly, promptly and f~t+y ~rformrd, d u~arg~d, eaecuted, eff~ted. complesed. compi~ed wnh and aC~ded 5y, then ~n e~ther w any such eve~~1 ~he sa~d ag
3re~ate sum mentloned in sa~d p~w•*~~ssory nL!2 thr~ re~r•a~n;ng unpa~d, w~~h ~nserezt accrvcd, and a.f monrys securrd hereby, shall become d~e and pa/-
ae e forthwrth, w thereafte~, at the ope:on oi sa.d A10.2TGAG~E, as fu~~y and comp:esely as if a~i of the saed s~ms oi money were ong~na.ly anpu:ated
ro be pa~d on such dsy. anyih~ng m sj.d p:o:~~.ssory nore or Sn tn~s htwtgaa~ to ~he conuary nofw,rhstand~~~g; and thrre~po~ or thereafte~ a~ the opf~on of
s~,d MORTGAGEE, w~TFa~f nor.ce or demar.d, s~~r at ?aw w in equ.ry, tne~efore w thereafter beyun, may be prosecured as if al: moneys secured hereby
nnd marured pi:ot to ds institvt~on.
7. lhat in the event that at the br9inn~ng ef or at any t~ru pend~+g any w~t upcn rhis lAo-tgaga o~ to foreclose it, or to reform it, or to enforce
payment ef any daims he+eund_s, sa~d IAORTGAG£"[ sha:: app'•y to the Co~rt hav~ng ~u.~sd~ct~on thereof for tF+e appo~ntment of a Rece~+er, s~ch Covrt shaii
Forthwith appo~nt a rece~ver of sa~d rr:ortgaged property a~i and singv~ar, indvd:^g a~~ and s~ngu~ar the ~r.co.~:e, profin, issues and revenues from whatever
sovrce de:ived, each and every of vrh:ch, ~t be~ng ewpress~y undz~a~ood. is Pereby ma.tg~ed as if spec[fKally set forth and drscr~bed in the yrant~ng and
hab•_~ndum tlauxs hereof, ar.d s~r_h Rece+ver sha++ have a~! ti~e br;,ad and efiect,re funct ons and powers in anyw~s~ entrusted by a Court to a Recniver, a~~d
s_ch appointmero shau be made by wch Ceurt as an ad^~:r,rd equ~ty and a r-atrer of a5so:u~e nght to sa~d MORiGAGEE, and v`~+hout reference to the
adequacy o~ ~nadequtty of the vatue of fhe pro~~ry mongaged or to ~~.e so vency or ~nso:vency of sa~d MO£iGAGOR or the defendants, a~d ~hat such
~e^.~s, proEits, incwne, issues and revcr.~.es shai! be app..ed oy s~ch Rece~ver xcwd~:~g to the ~ien or eq~~t~ of said MORTGAGEE aed the praU~ce of=uch
Co~rt.
8_ To duty, prompt'y ar+d fu11y pe•form, d;scha+ge, exec~+e, eifect, co~+p:c`r, c~-~p!~ w~~h and abide by each and every the stipufati~ns, agreements,
:o :ditions and covenann ~n sa:d promisio: y r.e:e 'o.nd th"s rr•or,ga ja set fo~:h.
9. That in the event the owr.ersh;p of the rw.tgzoed pre~,~ses. or any ,art ii~ereof, becomes vested in a person othe~ than the MORiGAGOR, the
.t~RTGAGEE, in su;ceuars and ass~gns, may, w:tho~~ r.cr:ce to 1he :•ORiG~OR. dea: vv~:h s~ch successa w successor in ;nterest wEth retrrence to this
n c-fgage and the debt hereby se:ured ~n fhe Sd.T.2 r.~a^ner as v~.:sh :.~rrgogo+ w;thavt in any way v~t.at~ng o? d~xharg~ng the Nlorfgagori liabitity here- ,
~~drr w upw~ tl'+e debt he~eoy sec~red. No s~ e of fhe F-e-::~ses F.ereay ~*wrtgagcd ar.d no fo~beara~ce on the par~ of the MORTGAGEE or its svccessors
c• ass~g~s and no extens:oo of fhe t~+~e fu :he payme~t of r*.e debr he•e~Y sxvred g~ven by the NtORTGAGEE or us succesaws or assg~s, ~~~atl oprrate
ro re~ease, d+scharge, modify char.ge w afiect the ong:nat I~a~ :.ty of the N'ORiGAGOR he+e+n, eitFxr in whole or in part.
10. It is speGf~cafiy agreed that nme is of ~he esse^ce of ffi~s co~tracr and that no wa~ver of any obligat~on hereunder a of the ob'igation se-
cu~ed he:eby shah at any t~me Therea{ter be be:d to be a wa~.rr of the terms hereuf or oE :he insrrument secured herby.
1l. In add.t=o~ to the forego ng mcnt^'y cayrr_n`s of ;,•i-c r•~~ ar~d «zreres• requ~:ed by the prem sscry no'e s_.ured herebl, mortga~or covenants
e• d agrees to ,~ay to m.o~tgagte v~~'h each ron•h y Na,• e:t ar. a~:i -:or.a: sv~n es• ^ared by mo-tgaget to be eGuai to 1 i2 of the arnual cest of the foliow-
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; A-Alt rEa~ property taxzs ~en~ c~ assess~: ag>:-:t the aco+e deu•~~=d rea~ estate.
`s B-Prem:a•ns on ~~rf• and w~~ds•o.,^ ~nsv~arce as ~e:e n rrq,.•ed to be ca• .~d c^ th° ~T.,^.fGV°TQ.lT3 s;tuzre on ih~ abo~e d_scr~bed prem~aes.
t C-Pre:nw:~s o~ such m,^.*rysge guaranry :csura~.ce '-:~•r~ayee s=:a.; irc^: :~-•e ro t,rre d;em fit to carry on the toan sec~red hereby.
i Mortgagee s~a;! frc-r. ~~^ie tc ~:^%e ~•c'•ji rncrtyag~y ~n ~r.•i'.rr~ ef the a-oc~` a~e and payable hereundrr ard wch suo~ sha;' ihereupon be due and
i ;_yable on the d~e date o* ~f.=_ rext n~o~tn.~ pa~~+~:-r aed e_c~: success~ve To~'n !nereafT_r vr.ri: mcrtaagee sha!t not.fy n~ortgagor of a change in such
~ ouM. S~cfi scros s!a i be a~p.~ed by mc•*g=gee tona'd tr,e pa~:r.ent ef :e3: p~eperty Saxes inwra:xe pre~*`,ums, a•?d mortgage guarenty insurence
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` -~-emiums-
r IN YJITNE55 :':MEQ~.7f, rne sa~d N,ORTGS;,~~2 has he:ev~fo se: F+s hnr.d a~d seal rhe day and year f~rst afwesaid.
s
~ $igned, Sealed a:.d detiver¢d in the presence of: •
, ~'z"" _'tl~t'+~ L~d ISeal)
~ ~ : ( ~ ~ ~lt- ' ~ ~ ~ ~l~_ W~21 iav Ke s (Seaq
~ , ~ (Sea~)
~ ~ QO=1S Ker~es (Seap
~ .
~ S~ aIE OF FLORIDA t
SL . LuC le ~
~ C~ UNTY OF ~
~ Williaa Keriaes - ~ a~d
Befwe me personaliY appeared
~ _ ~OZ15 ~Z~S his wlfe, to me wetl known and k~o~~n to me to be
~ ~he individusb desuib?d in and who exec~ted ihe forego~ng instrument, and aztcnow4edged before me that they executed the same for the purposes
~
~ sherein exp~essed. And tFr_ sa~d ~=15 ~Z~ 5
+~!fe of the said - w1111aII ~2ZQeS upon a sepa~ate and private
~ ~.aminat~on by me taken separate and ipart irc.m h_w said husband, ac4rwwiedged to and before me that she executed said instrument freely and voiu~-
' r=•~,y and wrthout any compvlsion, canstrair.t, appre~ on or fear of w frxn Fxr said F~usband_ i ~4
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t~ APr i 1 . i
- WITNESS my hand and offic~al seal this dsy _
_ - ~ ~ ;!C . , :t
f~p ~c ,~E~~tD ~ Notary Pub'~c in and for the te of Flo a at Large ;
' ~ ~(~~N ~LA. ~ My Comm~ss~on expiresc , ;
Return To: ~C~'f (R ~Q1TR~S ~ , ~ i~t~~ ~
`3 first Federal Savings 3 loan Asux+a':on a~E~K c+~~uis Co~T ~ -
vc+~;:ico~.~--- 1 f
of rc~t P .-ce IIECORO '
~ Fa., F~~.~~. F ~ d3 ~ 3,i~ i M ~ ` . ~ . ~ ,
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This Instrument Prepared By Robeit A. Svrishez, Jt. r-::r
First Federal Sav+ngs 8~ loan Association ~ :
of Fort Pierce ~ Flolida ' ~ 1 ~j : - -
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Checked 8y ' i~, : ~ , _ .
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° R 226 Pn~E1571 'S
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