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3. To place and con:inuously keep on ~ha b~i'J~ngs now or hereafter situate on s.,~d land ar,d on aU eq~ip:nent and personally covered by Ihif ma?g~
nge, with all prcmium~ thereon pa;d in 1u11, f~re i~t3ufdnCO the ~aua! s~a~xlarJ ~wt~cy (q(m, in a r_•~n app~oved by the MORiGAGLE, s~d w~ndstwm
;nsura~ce in Ihe uwal uatidurd pol;cy fonn, in a aum approved by ~he MORTGAGEE, in such company o~ cornpan,es as Ihe MORiGAGEE msy
d~rect; and all (irs and wmdstorm insucan~e pol~c~cs on any of s~~d b~itd.ny=, any iNerest therei~ ur pa~t the~eol, in the a99regate sum afwesaid w
in eaccss ~hrreof, shall co~t~in ~he usu~l af„~~.la+d +norsg+gee c~a~se or such oiher c~ause as Ihe Ma~gayee may reqwro, meking the loss under sa~d poli- ~
c~es, each and every, payab!e to said MORiGAGEf a~ ~ts in~ar~s1 n,ay appear, a~d eau~ and eve~y auch p.'~c/ stw~l tx promptly ass gned a~d dr~ivered ~o
any held by se+d MORTGAGEE as further secvrity to said n~ortgage debt, a~:d, nof le~s than ten (10) days in advanct of the exp+~at~o~ of each policy, ?O da
I~ver to said A10RiGAGEE a renewal thereof, togeihe~ wifh a rece~pt tor the pre~~~i~m of such renev`ai; and ~Fsere shatl be no i~re or windeto~m insurance
pfaced on any oi sa~d b~i~dings, any interest thr~ein w part thereof, unless ~he ionn znd w~th the loss paYabie as aloresaid; and in the event any ium
of money becomes payable unde? such policy or pol:cies said MORiGAGEE shell h~ve ~he opt~on to receive and app~y the ume on accounl oi the indrbted~
ness aecured l~ereby or to perm~t aa~d MORTGAGORS ~o receive and use it o~ a:~y th•::~~of fer o:~:•~r p~r, osr:, v.~~nout th~~~u; we~•:~•~3 ~~~~Py~~-
~ny any equity, tic~ w right u~der or by virlue of this mo:'gage; and in the event sa~d MORIGAGORS shall Ew any teason iail to keep the sa~d p~emit~s so
~ns~red, o+ fail to deiivcr pranptly any of said po~~u~~s o( inaurance to said h1QRTGAGEE, oa lail promptly to ~;ay fu~ly any pre~+uum thcrefw o~ in any
respect fail ro perForm, d~scherge, ezecute, efieu, co:np~etr, co:nply with and ab~de by th:s covenant, or any part hrreo(, said MGRTGAGEE may p~ace and
pa; (or such insurance or any part thcrcof w~~hout waiving or affedi~~g any opl~cui, lien, equ:~y, or right undet p by vi~tue of this Mortgage, and the
f~:'~ amount o( each and every such Fayment shol! be ~n::~:rd~ate~y due and payabte and shall bcar interest irorn th6 date thereof until pa~d at the rate o~
~ e pcr cenwm pet anr~um anJ tc.~~th.o~ .v~~h w.f~ ~•~;rrc~ir shaii Lz• s~w+~'d Uy t}x: t:en o~ th~~ mortgage. i
d. To permit, tommit ot suffer no wnslc, impairaient or delrr~orat~on oi saiJ p:cpr~ty w any part theieof. ;
5. To pay all and singu~ar the costs, charges and expe~~ses, ;ndud~ng a reasonaole attomey's fee and costs of abstracts of titte, incurred or pa~d at
,•,y iime by sa~d MORIGAGEE, because or :n ~he event of the fa:lure on ihe pert of ~he said MORiGAGOR to duly, prompNy and fu~ly perform, d~scharge.
c~te, effect, cemplete, comply wnh arx! ab:de by ea.h and e~ery the s~ipu!atwns, agree~~~ents, cond~t~ons, and covenants of said pro,n~swry note and this
x~gage any o~ e~ther, and sa d costs, chaiges a~~d expenses, each and every, shell Se ur.med~atrty due and payab•.e; whether w no1 there 6e not~te dr
n•,;~•~, attempt to co~tect o~ suit pend~~g; and the i~l; amount oi each and e~e~y such paymem shail bear interes~ from 1he date thereof u~til paid at the
c~ nlze per crn;um Hr~ ~n~r,: n; and ~~i sa~d ws:s. c1.a-gea a~~d tXF:CCSCS ~MU~fCd or pa~d, together w~th such inrerest, ~hall be securee! by the lien of this
mxtgagC.
6. That (a) in the event of any breach of this Vlortgage or default on ~tr_ part ot the MORTGAGOR, or ;b) in the e~eM any of sa~d sums of mor+ey
herein refened to be no~ promptly and fufly paid v:~~hm th,rty (3Ji days next atter fhe same severa:ty become d:ie and payabie, withoW demand or no~ice,
ci 'c) in tha event each and evPry the St~PU~d~iOnS, 3]f>2mCntS, t0~~(Jit~o:~s and coverents of sa.d pro~nissory note and tA~s mortgage any o~ either are nol
1,;:~, +xumptly and iutly pe~(o~med, c:s:~a•y~_d, ex::~t~~d, nftectrd, to~rN:eted, c~nY;.ed v~oh and a1~~Jed by, then ~n either or any suth evero the aa~d ag
_••,~ata sum mentiotie[l in sald prom:ssory note ti~~n rema~n~ng ~npaid, w~th interest acc:~ed, and atl moneys secured hereby, shall become d~e and pay-
fortnw~th, or thereairer, at fhe op~:oo uf a~:d MORiGAG~E, as fu~iy and .-om~,le~~~y as ii a~l of thz s3id surns oi money were a~ginally stip~lated
h~• pa:d on svch cit/, a~yihing ~n s3 :i prc~r.~ssory nor~ or ~n this Murtyayr to the cont~ary nohvithsronding; and thereupon or thereaher at the option o1
s c+ 110RTGAGEf. w~shout nor~ce er deinand, su+t at taw or in eq~aY. ~hrrefu~e or the~ratter be~un, ~r.ay be prosecuted as if all moneys secured hereby
~ mat.;red pnor fo ~ts inil~t~UOn.
7. Thar in the e~=N ~har at rhe ucginnl ng ~~f or at any t~~~e pend~~~g any su~r uj:on this 6lortga~e, or to fweclose it, or so reform it, or to enforce
,e:,~ of any c.,~n,s F~:revndBf, Sd1C~ MJR~VMVC~ sha~I appty tu the Court ha.~~ g;c•:sJsi;on thereof (or the appoi~tmeat of a Receiver, wch Court shall
~ •~..ith a~po~r~t a r~•c?,:er cf 53~C~ :'1 )llyu~eci ~.:c; ~~tY ali an3 s!r.guiar, incud n3 a:i ar~~! s~ :yu~ar tha ircome, profits, issues and reve~ue~_lrom whatever
~;+.e:tvco, e~ch and e:ery ol .ti't~.~h. r b_•~::g N.~.:~s~:*-a»-~cs:i:_~ }~,..;,r ~'~t••~~.~~~'d as ~i
s~_eufically set iorth and dezcribed in the granting and
r,~ ~~~dum ~:auses h~::~of, a~~d xuth Recet.e: =}~a~i h.,ve al: the broad a:;d effecnre furc! ons ~nd powe~s in anyw~se en rus a Court ,
s_~: appc~ntmeat shali be rt:ade by wch Co~rt as an aJ~nirtr~ eq~~:y and a r*:a!ier et atncluta ~igl~t ?o •said-MORTGAGEE, a~d without reierence to the
~•~cy or inadeqvacy of t~e va~ue of the proprrty mortpaged or tc tF~r so+ency or :nsu:~ency oi aaio h10R3GAGGR o~ the defendants, and that such
• profits, income, issues and rever.~es sh~ii be ap~~~ed c,y sucfi Rec~•iver a~eor~,,,_y ~o the Gen or equ+ty of said h10RTGAGEE and the pradice of such
~ t.
8. io ~U~J, prCmc.l;y end f~~iy ~:er`orm, d~scharge, execu~e, eifE:t, co~rpiete, c~n•,c;'r wlth and ebide by each and every the stipulations, agreements.
,...=~ns an;f eovonan!s ~n sa:.i nro~i~ssor/ eote a;:d th:s ~I:Dti.~3Jd s•.t ~o~tli
9. That in the evev th> ~wne~sfiE; ef tF.a nwrty^aged premisez. ot any pa.t :hercof, becomes vested.in a person other than the MORTGAGOR, the
.'R'~_:.GEE, i!s wcc~ss~n 3^CI 35'r1n5. •:`dy. w::hout r.of~ce :o ~he Y.UK~~,WOk, [IEdI r.~:h such successo~ w successor in inieres~ wi~h reference to this
_~3a~e and ti:e dcut F.e~ehy sccured m the same mor,~er as w~th L1~~tgagor v.~thout ;n an~ way vitiating or discharging the Mortgagori liabiiity herr
d•_r or u, on ~he d.:bf '~erauy sew*~d. No sa:e of ihe ~<<•~c~sPS hrr~•by ~~~ortgagrd a~~d no forbearanee on ~he part of the /110RTGAGEE w its successors
_ os~~gns and r.o e,crenz~on ot rhe s;+•,~ fo- ike ;.ay~r.em cf tf:e dcbt he•_~k.; secuted g~Ven by the MORTGAGEE or i~s successws w au~9ns, ahall operate
re~~ase, d~scharge, modfy cF:enge or aired the orig~nai iiai:~Gty of ~ne !1•ORiGAGOR lie'ein, either in whole w i~ par1.
10. ~t is soeGf~:aliy aa~ecd ti~at fime it of the esser.ce of this contract and that no wa~ver of any obligatlon hereunder or ef the obligatqn se-
~,r_d hereby shat~ at any time therea`ter be ne:d to be a waiver af the !erms hercoi or of the ir~sir~ment secured he~by.
11. In ad:l t~on so Eor~~~o nn ontn~~ Hay~::nis oi pr[ac'pai and iroeresf requi:ed by the promissory nae secured hereb~, mortgagor eovenants
• i a3rees to ~ay to ~:~o~ty3gae v.~~h eac~, ::,::n~h y pay~ ~ent ar. aJd.~~onai surn ._sc~~•~a'eci by mo+tgagee to be equal to i/ 12 of the an~ual tost of the follOw-
A-A~! real ~:roperty !axes 'ene~ or a>ses°.•:d ag,i• st tno abo~e desc~~bcd r~aLes~at•_.
B-Pr~n:~•.~:~~s on fire and :i:r,d>ix~r~ ~ns-'•,'ce as F~ere~n reGu:red to be carr~hd e~i ti~e [r^provsme~tt situate on thn above described premises.
C-prami~:>•s on s~ch morTg3ge ~uar~nty ~cSU~3!ce as rno-taagee sha~i fro~ tme to t~me deem fit to carry on the loan secured hereby. .
l,•,ort~ag~e s~:~ ! lrcm t~^~e ro t~:-~e ~:o~ v~~,og~r w+~t;ng of the ~~:•o: ~•t dua and payable hereunde~ arx! such su:n shail the~eupon be due and
~ .:b'e on ~nc doe ca~c± oi th_ nex~ ~•'c-t~ ~ F;:;y^~~•nt ar.d eac4 su:c^szwe ^,o-~'h r'r.ereaf~er ~ntil mortgagee shatt notify mortgagor of a change in such
f ,r,t. Such s~ms s~:aii be ap~ l~ed t,y mor~gag•., to:.ard t~:e payment of rea! property taxes, insurance prem:ums, and mo~tgage guaranty insurance
Et ~ .~ms.
I RJ \':ITPIE55 VrNER~Of, the sa~d :'•ORTGi+GOR has F.erev~»o ser his ha~:d and seat *.he day and year~iint aforesaid. ~ ;
i Signed. Sea~ed and d ered in the preience of: l/~1 pC~~< r~an j
G G ~
~
~ ~t~ Ho l l i s W. Vo se , Jr . ~~,i~
~ ` ~ ~ r~~
` - - - Monica Vose ~~,i)
"-.~TE F FLORIDA ~
% St. Lucie u~
.;tiTY Of ~
~ Hollis W. Vose, Jr. -
Before me pe~sonatiy aprez~ed ~
Monica VOS@ _ his wife, ro me well known and known to me 1o be !
e~nd~vidua:'s descr~crd in and who executed the foregoing instrument, and acknowtedgcd before me that they executed the same for the purposes
Monica Vose
. _r-:;n expressed. And the said
~ of the said __HO111S W._V056~. _ ~pon a separate and private
..~.:,at~on by me taF.en separate and aoart fra~ her said husband, acMnow{edged to and before me that sbe ezecuted said instrument freely a~ voluo-
~ end w;thout any compuls~o~, constrai~t, app~ s-:o~r~- or fear of or from her said husband. .
Y11TNE55 my hand ar.d offic~a! seai ~hks. day M! A. D. 19 74
~ " ~ ~ ~ _E~ ~ " ,
~ ~ Notary Pubtic in and `tor the ate of F ida at Larpe
,ris
~ My Commission expires: - ~
~ Return To: _ ~~:~~~nh
r:rst FEderal Savin~s b loan Auociatio~ ~H1t((:1.• +
~ "~l~j, ; ~ ~s
Of Fo:t r^ ere~. '.t t ~ ~Y .
~-s Fort Pi2rce, ilcrld~ ' EO K~ RC`iQ~DEA ~'~''i"••r
~ T
IUC~~~ COUNtY f L ~ _ ='J ~r.~~,
S R. POt ~ A~S _ ' _
~~~ER ~CUS'T COURT r; : , t = ,
}
~ .~Ef~ ctE' = " = .
~ Th~s Instrument Prepared ByJohn W. Collins RFCO~~ ' : =i ; - t~ . ' ' .
a ~ ~ i ~ ~ 1
First Federal Savings & Lcan Association a 916 p~~1~ J,~, ~W., c~~,~::;'~ i
. of Fort Pierce? Flo=ida ~
; ~ 4~ 0.~` ~•~.....Y' : .
~ I~~~~IW~ ~ ~ ~ ~ ~ ~
Checked BY 4 .
• ~Ili't t~T .
P•'.~ ~~~r.0 PACE ~ j s
Y~ .
; A - - - - ,
f~~ ~ n~ f~,~~
.~°-~k~~,~-.~,';:, s
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