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3. To placa and ca+~inuously kccp on ~he bui!dings no+v u hereafeer iitua~s on sa~d I~nd and on all equip~nen~ and pasa+ally cove~ed by this mort~-
age, wi~h ~II premivms thereon pa~d in f~ll, fire insu~a~xe ~n the ~~ual itandard pcl~cy form, in a sum approved by 1he MOR~GAGEE, and wind~tam ,
~ni~ra~c~ in ~M uawl ~t~ndard po1~cY 1am, i~ a surn app~oved by tM MORiGAGEE, in ~uch tompa~y w comP+n~es +s 1M MORTGAGEE inay
dlrat; and all fire and windirorm insurance policies on any of sa+.! bu~ld~~+gs. any inre~s+t therei~ or part therwf, in the egyre9ate wm a~aesaid or
in excess thereof, itwll comain the vsua~ s~andard mwlgagee clause a auch o~he~ clause +s IM Mat9~ge~ may requ~r~, maki~q ~hs.lou vndrr sa~d poli~
c~es, esth and every, payabee ~o said MORTGAGEE as ~~s iroe~rat may appear, a~tid rach and every such poiicy shall be p~ompHY +sa gned and det~vered to
any held by said MORiGAGEE si further security to said matga~e debt, and, not less than te~ p0) days io advance of Ihe expiration of eath polity. to tir
I,ver to aaid MORTGAGEE a renewai ~heraof, toge~he~ with a rece~pt iw the p:emwm o1 such renewal; and ~he~e shall be ~+o fire o~ wi~~dswrm insuranc~
p!aced on any oi sa~d build~ngs. sny iNerest therein w part the~eof, un'rss in ihe form and wi~h the loss paYable as afo~esa~d; ~nd in the event any tum
of money betanes payabfe ~nder such polity o~ pol~ties said MORTGAGEE shall have the option to receiva and apply tM sam~ on ~ttount o( ths indebted- _
neas secured hereby or ~o perm~t said MORTGAGORS to recrive and use it w any uart ma~eof tc. o~r~cr purF~oses, .ri~ho~t th~~rui wai~~~tig or ~u~pa~~- i j•
~ng any equ~ty, lien w rig~i unde? w by virtue of th~s mo~'ga9e; and the event sa:d M~RTGAGORS shatl for any ~eason fsil to keep the sa~d p~an~sei so ,
~niured, or fai) to delivcr prompNy any of said po~~cirs of insurance to sa~d MORTGAvEE, or fail promptly to pay fully any pre~n~~m thcrefor o~ in a~y
respect fail ro perfwm, d~scharye, execute, efiect, canp:e~e, compiy wnh and ~b~ck by Ihis tovenaot, u any pail heroof, sa~d MORiGAGEE may piace and
pay iw such insurance or any part thereof w~fhou~ waiving or affeaing any opt:on, iien, equny, or ngM under a by virtue of ~his Mw~gage, and tht
i~lt arnaunt of each and every such payment sh~ll be immediatt~y due ar.d payab'e ar,d sha11 bear ~n~eres~ from the date thereof until pa~d at the rate o1
n~r~e per crnn~m per annum a~~d to~ethr.r w~th euci~ intr~es~ shali be s_c~red by the ~'.E~ of ~his mottgage.
To permit, commit w suffer no waste. impairment or deteriorat~o~ 01 sa~d proprrty or any parl thereof.
S. To psy atl and singul~r the casts, charges and expensea, intlud~ng a reaso~~abEe artwney's fee and costs of abstrst~s of title, incurred w pa~d at
anv time by said MORiGAG.E, because o? in the event oi tiK fa~fure on tne prrf of the said MORiGAGOR to duty, pranpNy and fully per(orm, d~scharge.
axecute, eftect, comp~ete, comply w~th and ab;de by eacfi and every thr st~pulaT~ons, agree~nents, conditions, and covenan~s oi said p~omissory note and this
,,ortgage any or e~~her, and sa~d costs, charges and e~penses, each and every, sha~l k~e immed~ately due and payable; whether w not there be no~~ce do-
n:and, at~empf to tollect or suit pend~ng; and the full amount oi each and evcry sucl~ pavment shall bear interest from the date lhereof untit paid at the
- o{ nine per crntum par anuu:n: ood a~: sa~d c~s~s, cha~gos a~o ~a;,enses ~rcu red or Fa~d, together w~lh such interest, shall be secured by the lieo of thi~
mo~tgage. _
6. Thaf (a) in the eveM ot any breach of th~s Mortgage or defa~lt o~ tl~e part ci the A10~TGAGOR, or !b) in the evtnf any oi said sums of mooey
herein referred ~o be not promptly and iully ?aid w~thin thirty (3~) days next a4te. the same serera'.ty becume due and payable, without demand or notice,
cr (Q in the event each and every the stipulations, agreements, cendll:ons a:id covenants ~f sa:d p~omissory ~ote and th~s mortgage aoy w either are no1
i~:y, prwnp!ly and ful!y ~r(ormed, dscharg~d, execv~ed, effe:ted, co+-p;eted, co:~,pt~cd titi~th a~~e abeued ~y, then i~ e~thcy o~ any such evenl Iiw sa~d ag~
••~yate svm meMioned in said promissory nete then re;~~~~~~L~y w~~~a:d, ~.~th :nt,:r~` accr;,ed, and a~l moneYS secured hereby, ~hall become due and pay-
ao r forthwith, or thereaftcr, at the opt;on of sa~d MQRTGAGEE, as tu~~y aru! comp etc~y as ii a~l of ~he said sums of money were dginally stipulated
!o he pa~d on such d~y, anyth+ng in sa•d pro:n'ssory note or in this Martge~e to the cor ~rary notwirhstanding: and ~hereupon w thereafter at the option of
s+;d M110RTGAGEf, without no~~ce or demard, su~t at la~n• or i~ equity. *he:•_fo~r or the:caiter bey~n, may be prosecWed as if all moneys secured hereby
o.:d maTured p~~o~ to its instit~~ion.
7. That in the event that at the bey~nn:ng of or at any t~~ne p~~~zd~ng any su~t urcr th:s Mortgage, or to foreclose it, or to reform it, or to enfo~te
; ayment of any daims hereunder, sa~u ~dORTGAvcc sh~N ,,ppiy ra ti:~ Cou:~ I~av~: g;~ ~s•i~ct~on thereof for the eppo~ntment of a Receiver, such Court shall
r_ r:.,virh appo:nt a re:eirer of sa:d rc:o:tgaged p~cp~•ty ai' a~d si~:3~~!~r, i: cwci.ng ,c! ~~•c+ s~..~uiar ihe income, proF~ts, issues and reve~ves trom whatever
s•~-ce derived, each and every vf wh„ti, it be~~,g ~.press'y v~~ders~ooo. :s <<~:n~ mcr!ga3ed as ~f specificaily set forth and deuribed in the granting and ~
i_,': end;xn tlauses hereof, and such Receive: aha!i h.;.e alf the broaJ and ei?~~c::~r func~.c•u and powe~s in anywise entrus~ed by a Cou~t to a Receiver, and ~
s ch appointment shall be made by such Coun as an adnu:ted rqv~ty and a ~•a~ter ef a::sc~ute r~ght to said MORTGAGEE, snd witheul reference to the i
_..:_.~.;acy or ~nadequac~ oi the vaiue of the preperry mo.tg.,ged o~ to rrte S'_i•1t•~l['/ cr ~nsc,~ency of said MORiGAGOR a the defendams, and that such
+s. profits, income, issues and reve~ues snali be app~ied by such Grcr~ver sc.o~d.,~g to the lien or equity of wid MORTGAGEE and the pradite of such
~vJf}.
8. To tI~'y, prompt:y and fu:ly perform, discharg~, e:etute, eiieci, Con:Nf~ir, iC+~.S}.~ f w:th :.nd aLide by ea~h artd evtsy tht stipulations, agreemeNS>
~a -.dr.;ons and covenants m s~~d promisswy no!e and tYvs mort9aye se~ fwth.
9. That in ihe event the ownersh~p of the mo~tgaged ~:remises. ur ar.y part tnereof, Eecomes vested in a person other than the MORTGAGOR, the
:':R'C•a~lE. its succ_ssc~s and dSS~y^~15, moy, v:i:nout noi:c~ to ene P:.G~c~G~,O~, deai v:ItF~ such successw o~ successw in i~terest w~th refereoce to this
~'t_,egE a~'~d the d~ b1 hereby secured ~n tFe sa:n? sranr.~~r as w~th N.~r~~ego~ w:thout in a~y way vitidting ot diXharging the Mortgagors' liability here-
_,r w u:~n the d~bt hereb~ sacured. tie so:z of ti~e p:e•z~•s•~s h~re~~ •:~o•tgaged and no forbtaranee on the part o( the MORTGAGEE or its sutcessots
cssigns and no exfension of the tir.;~ for th= payment of ti,e dr~T n•~~~•o~ s~~wred g~ven by the MORiGAGEE or its successors w auigns, siwtl operate
, re r_se, d:scharye, m.od~fy change or atfect the er~g~no; liz~,tny of II.iiRiGAGOR here~n, either in whole or in part.
10_ It is speuficalty agrred that t~me rs of tiie esse^cr of th~s cuntrau and that no waiver of any obGgation hereunde? or of the obligatan st
c: red hereby sha!~ at any tin:e there~tter be ne;d to be a wa:.er of mr '~rn~s heceof or of the ir,strumenl secured herby.
ll. In aci;i.~~:.~ to the forAgo.,~ •-.orti;'~ ::a,nr.nts of },ri::paS ~nd ~••rrr;,t ~equ::_•d by the prom~ssory nore sewred hereb~/, mortgagor tovenants
ag•ces ro pay to r,crtgar,.~E ,tii!h each montn'y payrr.ent an ~cd~:~o~rt su~~i °<_f T a'ed by mortgagee to be equaf to 1 j 12 oi the annual cost of the follow-
A-A~I reaf prop~•ty tax.s irne:: or assesscci agai•~s' thc abo.e d^_scr~5ed reat estote.
~ B- Fr.n;•u~rs an ine ard .v~ncisrurm ~r:surancr as hc•~_~n r~~~:red to b•- carr~cd or, the ~mproveme~ts situate on the above described premises.
C-Pre~riun s on s~~ch m.o:tga^ye g~+ra~~ty irwrar~te a5 o•tga9~~e .F+,~; f;c~- !~rre to time deem fit to tarry on the loan seeured hereby.
l'Aortgagee s~a:~ f•c:n ri~na to e+~c+~f; n:or~g~g~r m ~:~it~ng of ~he o:;-~r d~~~ and payable hereundrr and such surn shall thereupon be due and
;~,'e on the ti.;e da?e of ~ke IlC1[t ~~ay~:~c~u and e:.ch successire To•:+~ tncreaf~_r ur.til mor~gagee shall notify morigagor of a ehange in wth
~ ~~r.t. Such sums sF.a:7 5e applicd F,y morfgaycc for.ard !ne nayment of ~eal p.cpe~ry taxes, insurante p~em:ums, aixl mortgage guara insurante
"UTS.
~ IN \VITVESS LtiHERiOr, rne seid fd'JRTG~+GuR has hereu-~to set his hand and seai the ay and year first aforewi
Signed, Seated and defivered in the presence of~
al)
. - er s, r. n
~ L ~-t , ~..~L'~ - (~aq
- ~ an ce o er s ~a~
l
~
~ c OF FIORIDA ~ !
S5.
~ .~ur~rY oF _ St . Lucie_ _ ~
Before me penona'.iy appeared .Ia}/ Harold fl~ObeZtS ~,1Z . a~
Janice P. Foberts his wife, to me well known and known to me to be
individua:s described in and who executed the iorego~ng ins~rument, aod acknowledged before me that they executed the same fw ihe purposes
~~~_-<_in ezpressed. Md tfie said taniee P R'Ob@ZtS
{e of thr said _1av
.HaZO~.t~ Roberts, .1Z. - upon s scparate and private ~
..,m~~ation by me taken separate and apart from her said husband, atk.wwledged to and before me that she exetuted said instrumeM freely and volvo-
,:,y ard w~thout any compulsion, constraint, apprehens~on, or fear of or from F?er uid husband.
'NIThiE55 my hartd and offiual seal this_ day of Ma A D. 19 74
. •
~
No~ary Public in snd for the State Florida a rye
My Commission expires:
Return To: a ~~~f
~irst Federal Savings S loan Association ~K~04~'~ q~~:
Of fort ?~_,.ce. • .
e~ ~i.
Fort Pi?rce, Fforida . ,
i ~EO ?ND REC R ,
f~. `UCIE COU~~~ ~.1 j
ROCER POITN • . .
4lERK CIP,CUIt COU1~Y - - -
This Instrument Prepared By ~ • E• Braun R~CORD VER~~tEO~"~~ ;i : ~ `'C ~ ~ • ~ .t-
First Federal Savin s 8~ loan Association ~7.1 : : - '
of Fort Pierce , ~lorida ~ 3 10 '1~1 ~ {9 o ~ ~
; si;`.~:,:.,~-
~hecked By ~ ~ts~ 2V'~ C, • • i . e;~ ~
,,,~~~~lu,l ~n„~ N~`'' .
BOUK~r~ PACE ~ehJ e
• - - • - _ C cW
> . ~ .
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