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3. To ptac~ and continuousfy keep on the bui;dings now o~ hereafter s;1u~!~ on sa~d land ~nd on all equipment ~nd personally tovered by this ma1¢
ege, with all premiums thereon pa~d in full, f~re ~nwr~nce ~n the usu~l s~ende~d po~~cy fwm, in • sum appr~oi ~d~Pa^
~N?~RfG~G M~R~GAGEE ~may
~nsur~nc~ ie tM uswl s~anda~d pol:cy fam, in a sum approved by ~he MORTGAGEf, in such company
direth •nd all lir~ and w~ndawrm insurance poliues on +ny of siid bui,d~ngs. any interast ~herein w p+rt therto(, in the aggrcgste wm ~forstaid ot
in excess ~hereof, shall cor+tain the usual s~andard mor~gagce claux or such o~he~ dauia u tM Mw~g+gas m+Y reqw~~, malir~g the lou unde~ sa~d polf
ck~, e~ch ~nd every, psyab!e to said h\ORTGAGEE as ~~s in~erast may appear, a:id r~ch ar,d every such po!:cy shall be prompYy ~ssg~~ed a~d delwered to
any held by said MORiGAGEE aa iur~her secu~~~y ~o ssid mo~tgage debf, and, not :ess Ihan ten (10) deys in ad+a~~ce of tha eapi~+~~on of e~ch po~~cy, to d~-
i~ver to said MORTGAGEE a ~enewal thereof, together with a+eteipt (or ihr premium ot such renewal; and ~bere shall be no f~re or windsror~n insu~ance
pla:ed o~ ~~y o( said b~ildinqs, eny interest the~ein u parl thereof, unlris in ~he fo~m and wiih ~he icss payable as aEoresaid; and in tl+e eve~t any sum
of money becomes psyab~e under such polity o+ po~+ues said MORTGAGEE shaN Mve ~he op~~on to reteive and apply 1he same on accounl ol fhe indebted~
ness arc~red hereby or ro pe~mit said MORTGAGORS to receive and use it'or any part fikreoi ior omer purc,oses, v~~~hout thr•.o~ w.:~r„~3 0~ ~~~~P~~~-
~ng any equ~ty, I~en a right unde~ o~ by virtue of th~s mo:tgage; a~d ~n the evem ia~d MORTGAGORS sAal1 for any reason fail to keep the sa~d prem~srs so
~nsvred, or fail to del~ver promptly ony of sa~d polKies o( insurance to sa~d MOkTGAGEE, w fail promptly to pay fulty sny pre~niu~n therefor w in a~y
rr+pect fni3 to perFwm, dis~ha~ge, execute, eftecf, complere, co:nply wifh and ab~de by tF.~s cove~an~, a any par~ hereot, sa~d MORTGAGEE may p~ace and
pay (or suth insurance or any patt thereof wilhout waiving ot affei!ing any option, lien, equ~ty, o~ right undN w b~ virluO ot thii Mortgage, and tht
iv'I amoum o( each and evary s~ch paymrnt shail 6e immediately d~e and payable and shalt brar interest from the date thereol until paid at the rale ol
e per centum per ann~m e-~d !o~•~ther wi'h wch ~~it ~~cst shat{ t,e s..~cured by the I~en of this mortgage. ~
1. To permit, commit suFfer no waste, ~rnpairmer~t w deterio~aticn of said property w any part thereof. t:, :
5_ To pay all and singular tl~e cosrs, charges arxi expensrs, including a reasonable atta~ey's fee and costs of abstractt oi title, incurred or paid at
: r.y rrr.e by sa~d MORTGAGEE, because or in the evenf o( the {aiture o~ the pare of fhe said MORTGAGOR to duty, prompUy and (ully pertorm, d~scha~qe.
e,ecuTe, efiect, twnp~ete, ca~ply w~1h and ab,de 6y each and every the stipulae~ons, ngrrenxn~s, cenditions, and covenants of uid promissory note and ~his
,:origage any or eirher, and sa:d costs, chargeo and expenses, each and eve*y, shall br immed~ately due and peyable; whether a not there be notice d~
ma~d, a~ternpt to collect w wit pend~ng: and the full a+iwunt oF each and every sucn paymrm shall bear interest (rom Ihe date thereol until paid ~t 1ht
r.•~. n~ne per centuni ya* annu.n; a:~d a~~ sa~d ccvs, chargea ar:d e.epenses ~ncurred or pa~d, together w~th s~ch interrst, shall be secured by Ihe lien of 1hEs
mor tgage•
6. That (a) in the event of any b~each of this Mortg39e or default on th, part of the A10RTGAGOR, or ;b) in 1he event •ny of w:d sums of money
here~n referrrd to be no1 pranpt~Y and fu!iy paid w~~hin th~rty (3.~) ddys nent a~ter fhe sa~~e arver~!Iy become due and payabte, wittwut demand or notice.
cr (c) in the event each and eve~y the stipuwtio~s, agreements, conditions and tovenanrs of sa,d promissory note a~ th~s ma~g+ge any or e~ther are nol
promplly and lutty perfor~ned, d~sc~carged, zzecuted, effeded, canp!eted. tomp~~~e~ w~th and ateded 'sy. ~hen ~n eithe~ or any such event thO sa~d ag
g-_^,at~ sum mem~oned in sa~d oran,issary nete thrn rema~ning unpaid, with intr~e,t acrued, and a:l moneys setured hereby, fhall become due and pay
e, e forthwith, or rhereblter, at the op~~o:~ of sa~d MORTGAGEE, as fulsy a~d con,u~rf~ly as i{ all of ti~e sa~d sums cf money were onginally snpulated
i~e pa:d o~ such day, anyt~iin~ ~n sa.d prom~ssery note or in this IAor~gage to fhe conTrary nu~vv~thstand~~~g; and thcveupon or lhereatter at the opUon o(
s~:~ 'dORTvAGEE, v~~*hout nunce or demand, su~t at faw or in equ~ty, tnerelore or thereaiter begun, may be prose.uted as if all rr~oneys secured hereby
r,,;~ -~~atured pnor 10 ~ts inat~:unon.
7. ihat in tFx event that at rh? brginn;ng of or at any time pend~ng any su:t upon this Mortga9e, w to foreclose it, or to reform it, or to enforte
r:. ~,ent of any c'e~~r.s hereunder, sa;d .'~:ORTGi-.GcE sha`I apply to thc Court he~:;~g ~w~aion thercof fer ~he appo~ntmen! of a Rete~3er, such Cou~t shall
r,.-~i v.frh apF~o~n~ a r~~:z~+er of s~~d n~o•tga3_d proF~. rty a!I and s~nqular, incluu.ng a.~ ~~d s~nqu~et the irtcome, prolits, issoes artd revenuei f~om whatever ;
s. ce derivrd, each an~! every of ~rl~•ch. ~t be~ng rxF::ess`.y unde~stuod, is he-.•~y mur~g~gt~ as if speuficalty xt forth and deut~bed in the g~aming and !
!:scendum clauses hereof, and wch Receiver ahaH hare aH the broad a:~d e~fec':'+e f~^ct.ons and powers iq anywise entrysted by a 1~pu~l~to a Receiver, and T
s_ch appointment shal! be made by svch Court as an ed~•~irted equrty and a maner o: absol~te rgh~ to said MORTGAGEE, and withou/ reference to the
ru:quacy o~ ~nadeq~acy of the value of the p+operty mort9aged or ta tke so:~rncy ~nso:vency of sa~d l~IIORiGAGOR a the defendants, and ~hat such
,~•s, profits, income, isa~es arxl re~enues shall be appiied by such Rec~~~ve~ accord.r,y ro the tien or equity ot said MORTGAGEE and the practice of such
Court. _
8_ To du'y, p:anPtly and futly per'.orm, dischargc, execute, eifect, co~nQlete, cerr.ply wi~h and ab~de by each and every the stipulations, agreements,
ro::ditiens and tovenants m sa~d promissory note and thif r.~crty~ge set fo~th.
9. 7hat in the event the ownenhip of tFe mo•tgaged prem~ses, or anv part thertof, Necomes vested in a person other than the MOP.TGAGOR, the
RTGAGEE, its wccrsscrs and assigns, may, w~:hout notice to the I:~ORTGAOR, de.+~ v:~th such wtceasq w successor in interest with reference to thia
:•gage and the d_ut hereby ~ecured in the scme manner as w~th l~or.~egor w~the~t in any way vit+ating or d~scharging 1Fee Mortgagors' liabllity F?ertr
, cicr or uE~n th. d~_bt he~eu~ scuzred. No sa:e of the pcer.,:ses hareb; mertgaged and no fo:bearance on the part of the /dORiGAGEE or its sutcessws
. ~~ss~gns and no exte~s:on of the t~me fe~ the ~:ry~rent of the deb! hrr•;by secured g~ven 6y the RM1ORTGAGEE or its successws or au~gns, ahall operate
o*e~ease, d:scharge, modify char.ge or a4iect the o•i9~n~! liau:i~ry of rhe 1.SORTGAGOR }ure~n, either in whole or in part.
10. It is sp~c~ficaliy agreed that tune is oi the essence of tl,~s co~~tract ani! that no waiver of any obligat~on hereueder w of the obligation x- :
_..~ed hcreby sha!t at any ti~ne thereafter be he!d to be a waiver ef the terms _hereof o~ of the instrumeM secured herby. ~
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11. in ~od t[o : to ti••_ forc3c ai'h:v ~.ay~r:•~ts of F•.-~~ c pa~ and ~-~te.esr reyur,ed by the prom~ssery note secu~ed hereb~, mortgagor tovenants ~
~;rees to pey to mortg3gee w~th each me~•!h~y pay~nent an add~~ional wm ~sr~~,~r~d b~ mortgagee to be equal to 1;'12 of the annuaf cost of the follow- a
q-q!E r~al ~xofs.~~ry tar.s lewed w assess•~d ayai 3st th~ abore des%~~bed reai estate_
g-Gr.•~,:.ur=s c~ fi:~ ar~d ~-:-.dsr~•~.~ ~n:,,r;,,,ce~ as her_~~r. r~:qlred to b~• ca~~«d e~; tha ;mprovements situate on the above described premises.
C-P:^•niu^ s o~ s~ch n~~:?g ~3C :3Jd'3"~1J irsu-a~ ce as rnorsgag~e s~~a~l fr~ ^ t me to t~me deem fit to carry on the loan secured hereby. ;
r,lo~tga~ee s~.~:~ ~~%R: r~~n~> ro r~:-:e ~x1 ~T:orr_.agor ~n ,vlt~ng o~ the a,.ou~t d.,e and payable hcreundrr and svch su:n shall thereupon be due and =
~ _~n the due a~*~ of rhe r.e•.t ~:.o~f6:r ;:ay~~~•~et and e~c`: success~ve Tonrh ~hereafrer uarii mortgagee shatl notify mor~gager of a ehange in sueh
~ -,;,r. Such sums sl:a;i Le appi~~~<i by mor'gs3~~e toj.ard the pa~ment of re.~~ prcrerry ta:es, insvrance prem:ums, a~xl mortgage guaraMy insurance
~ ~ ,~;s.
~ IN \'.'ITPtESS YINEREOF, the sa;d V,ORSGAGOR has nere~~ta set his h~r.d ar.d seai the day and year fint afwesaid.
$;gned, Seated a^d de•.ivered in the presence o~:
~ 1s Res ooper, s ~~~ult
(5ea~
(Sea4
;'-•TE OF FLORIDA !
St. Lucie ~
,'dTY OF - ~
Before me perwnall/ appeared r10Zr15 Jaaes Cooper, single adult ~sn~'~
-__~___--~-----------------------------~~-------~"~Ti}~~rti~! to me well krwwn and known to me to be
~~•u individual desaihed in and who executed +he fwegoing instrument, and acknmrvledged before me thal he executed the same for the purposes
c •ein expressed. Arrd-ti~aeid_-- ~ ~ ~ ~ - ~ ~ -
~r..F~oLw~wid-~___ ~~s-sepe~ pi~v~f~
~ a.~~i:.at~eri b~ m~ ukc+o .copa~at~ ~wd-.~pa~f-fw+rrber ~aid-Iw»bend-a~kneo?ledgetttv ~entt'beiwb'MtFrhdt ~Itl~7[Et01~l3~ Tnstnm~ent't and ~0101~
.-,:,'v ~r.~ W M+ee1-arr+r c9mp~?s;on, -cen.~ei.,r, ~pprehensiar ,r or fear ~t on c~mr-h!r sa ll! TQsE~n~ ~ 74
~ Y/ITNE55 my hand and offic:a! seal this. day o4_ `~une A D. 19
~ ~ . -7~4
/
!ui
Notary Public in and he State of florids at lar~e
~ My Commission expires: / O - 'j ? ' 7 ~ .
Return To:
~ ',:u~~,,~~~.; r..
~irst Feoeral Savings 3 Loan kuociaton ~ r
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~ Of fu,t P:e: ce. G . < • • - \ ,
~ Fort Pierce. ilcriJa fll.~~C~E+(:01~~~~~~ ~ . Y~ t
it- ~o~E~ F~'T
C~ ~t ~ ~ . `J ! ~ ~.r v; - :
~ ~~EP~ ~~~G~?~ ~ , . _ : ~~3~., 4
This Instrument Prepared By W~?. J. RorbeB ttEr~P.P''~' E ~ • ~
Q9 a•` . i,~. f•=. J~. ~
First Federaf Savings & Loan Associatjon ~N~(~ g
of Fort Pierce s F1oT1da Y
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~ ~~i 'l+~'Ir~•~ •.)*t."~~?,~~, ~
ti/,l_ ~~~t~lJf:11lL~~~\ ,
- Checked BY ~Q A ~~S , • . .
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~ BooK 228 pacE ~322 ,
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