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J. To p~ace aod tontinuouaty Acep on ~1.r bu.d~~~s „ow o~ hareaf~er s~lvate on ss~d land and oo ali equipaneM and pe~fonally covered by ~his mat~
ege, wi~h ~11 prrmi~ms the~eon pa~d in fvll, fire ~ot~rancc :o the uival uo~*ds+d Fr,.cy form, in a wm appro+ed by the MOR~GAGEf, aad w~+ais~o~m 1
ns~r~nc~ in the us.,al standa.d poLty lam, in a~um app:orrd bY the MORIGAGEE. ~n ~ucA company w c~+pan~ts at tht MORiGAGEE m~y .
d~rrcr and sU t'u~ and w:ndsrorm inwranca po;iur~ on any of •a~d tn+~:d~nys. any intr~ast the~ein w p+r~ ehcreof, in ~he +yy~e9~~e sw~ alorsiaid w .
in eacess thr~eol, shall co~~ain ~he ~sual uandaid ma~~a~K ctaus~ a suth o~har cievss as th~ Alwtgages m~y ~eqv:r~. ma?iny tM :ws under sa~d po~F
c~rs, each and rve~y. payeb~e to sd~d Sl~RivAGEE as ~t~ inrr!_st n~aY ~ppea~. e,xi each end e.e~Y wch po!~cy ~MU Ix ~omp~ty asspncd and deine~ed to r
en~ held by se~d MORIGAGfE as f~r~her src~nry ~o sud mat~,9e debt, ar+d, not less thao ren U01 da/s i~~ ad+ance of ~he exp~~atwn of sach po~~cy, to d~-
I,.rr ro said MORTGA~EE a ~cnewal ther.wf, toge~hsr with a rece;p~ fw the P~~~~~;~n, of s:,ch re,x«al; and ~F.ere ~~II be no fire w windiro~~n inwanc~
p!~ced on +ny of s~~d buitd~~ge. any inreiest the~e~o w pa!~ ~hrrrof, unlass ~n ~he tcr~n s•xl with ~he loas paYeble as aforesaid; a~d in th~ event any sum
of money becomef payable vndr such ~+o1ir, o~ poi~cKS ss~J MORTGAGEE ahall ha~e ~ho oNnon ~o recrive and apy~y the s+t~e o~ +«a+^~ of ~he ~"d@bted' _
nrss srt~~cd htreby Or to pt~m~t sa~d M~.IRTGAGORS to rac.'ivr and use it p d»Y I'~'? ~f*-:ra~ ~0. otncr ~ury osrs, r..~ho~t thN.o~ 1Vd~~~'~3 .N unp~u'
~n~ any ~qu~ry, lien or rigM under or by vir?ue of rh:a mo:'gaga; and :n 1he evcm aa:d iltOSiGAGORS shaH tor ..•~y rcason (ail to keep the sa~d p~em~srs so
~~~w.~•d, o? fail ro de~iv,:~ prump~tv +nY oi s~~d po1•ties of ~nw~ance ~o s~~d lAQRTGALEE, or ioil promptiy lo ..ay f~lly any p.e~~uvm ~he~rfw w~~ +~Y
~~~~F ru (a~l ro perform, d~scharge, earcute, eftcct, ca~~p:e~e, co:t.p~y w~~h a~x! ab~de by fi~~s covena~4 a any pa~~ 1+a~eof, said MG+2TGAGEE may p~ace a~d
p,~ (o~ :uth insurance w any parl ~hereof w~thout waiv~:~g w affecting any opt,un, ~ion, equay, ot righ~ under w by virtue of this Ma~gage. and tht ~
amovnt oi each and e.e~y suth payment shal! ix ~~r»r~.:d;~erty J.~e aRd pef.:L'r and ahel! bear interesl (rom the date tiic:cot untit pa~d at the rale o1
: prr trnn.m per annv~n anJ to3atr,_•r v.~th s~c~~ ~~•:e':st ~h~~. L•N s~ ccr~~d by tite ..en oi th:i mpttg+ge.
J. To pe~mif, comnur w wtter no wasre, impe;rment w dctcrioret~.;:~ of aoid pwpr+ty p any part the~eof.
5_ io pay and singutsr the ccats, charges a~•d cxpe~sas, ~nclud~~+g a rcasonable a~~orneY's fee and wsK of abs~r~tts ot tiNe, irtcwred w pa~d at
.~,y ei~r.r Ly +~:d MORfGAGEE, bec~use or in the tcent of ~he fa ~ure ai tir per~ oi ihe said MOP.iGaGOR to dv1y, promptly s~d fu~iy per(orm, d~scnarge.
_.ec~te, eliK~, cpnp:c!a. :ompty w~?h and abde by eacfi and r.e~y ~hr :f~~x,'anona. aqrre~,~en~s, conditiau. and covenaros of sa~d pranEssory note a~~d ~his
~;•rgage any o~ ei~hrr. and sa:d ces!s, th+rges .,nd cxprnses. cxh and every. ahdd be i~:mcdiate~y due and paYcb!e: whether a not the~e be notice dr
~,n;], atte:npl to to+~et1 w suit pend.ng; aod the full amovnt of each a~u1 every sv.h ;~.~~mem sha11 txa~ .merest hom ~he date ~hereot umil pa~d at Ihe
.~~~~::e per crnr~m ~r arn.,n.; a+~d ~u aa:o ccs!s. cne 3es a•,d cx;.c~~s.s ~:~cu-red or pa~d. t~rthr* ~r.th such interest, shall be sec~red by she lier? of this
~,:urigaya.
b_ Thaf (a) i~ thr evrnt of eny Lreach of this Mo:!gagt ar deFau'~ u~~ ~he s,:•t ef t!ie M0~2TGaGOR, or (b) in IF+e eve~t iny of sa;d sums of money
!.,.•.~n referrrd to be oaf pranptiy and tuily µa~d r:~ri,~e ~h~+ly (?"vi d~~s ~ea! a rer ~t.e ss:ne se+eratfy becon.e due and paYable. wifhout demand o~ notice,
in the event each and every ~he s~~pu;ao~u, a~reements, ccw'd~2+o~~s a~zd cove~onn o~ sa.d prom:sso+y oote and tFws mw~gage any Or e~the~ are no1 ~
r r~o:~~priy and r.,ity Nc•(o:med. d icharg-d. e.e:~t_d cite,fed. co~•.;.:_•r~•d. co,~} .,ed w:~h and ab~JrJ 5y. ~hen i~ e;t}xr w any such evem the said ag
: sum mrnt~oned in si~d promiasor~• rwte tl~¢,i re~:~a~~~:~x~ Vi1'f+3:~, W~1~1 ~:~t~r~,! ~cc~~rd, and a~l m;,neVS setured hereby, shaU become due snd pay- 3
~iur~hw~th, or thereaficr, at :hr op+~on uf s~~d M021vAGEE, as fv•~y o•d rwnp~r~el~ as il ali of tt.r said sums of money were w~g~~ally shpulated
oa:d a~ such ec/. :,nyth~r•q in Sd.(I FfG'~`~SS:~Y netr or ~n th~s t.tortgag~ eo t~^ cOntrary r.c++aiths~and~:~g: arxl t!?erevpo~ or theresfter at the op~~on of
•:.ORiGAiiEE, w~~f.~~t nor~cr o• cie:~:~r,d, s~~~ ai lativ or ~n eqwt~. +he~.~~u.r or u.e~o.,i~rr oe~un, may be proxcufed as if all moneys secured h~teby
. •!13tuf2f~ FN~LV t0 ~tS inSt~t;,t~p~l.
7. ?h~r in rhe event rhar ar rhr !~~gin~:~~:q ::j o~ ~t any ti~n•~ :.~~:d~ g a~y so t ur~n th~s No+rgage. w to forec{ose it, a to refwm if, or ro enforce
_~:t of a~~v s tere~~~d~r, ss~d ~:UR~G:.~..= ,•,a:~ ..,pt~ re r..•r C•_~~t ~~~.,,:d ;.+r.,d ~non lhercof fr. the appantment of ~ Receive~. sxh Cour~ shalt
..~en a,:pc.:;t a r_ct~:.e• cf s_,d ~..mty~3-_~i ;rc: av a~d s:+ ~u'~r. ,:,_,..d:•:~ ,:•,d the income. pro}~ts. iss~et and revenues f:wn wharever
„I s:,::• ,s i.:,i•r ~•c=rueyrd as i( spet~{~cally sN io~th and dexribed in Ihe g~anting s.+d '
_ dr.rvrd. c..+~ eier~ ;.1 ~~t:t~. i~•~: ~ ~ • -
..,-:;,m c'a:,s~~s k-:no~. and s:.:h R.cr~.~•r eh..ic~~h:.: a;: rn~ b+..s.~ d criec• vc f~r;!.o•~s -..d powen in anYw~se entrusted by a Cu:rt to a Receiver, and
:ppJer~:mfn~ ~h.::: :r.aife b! s.,ch C.,.,•• as a~: .,.i~•~~rr~~s :<y,;~~t~ d:~a ~:•.s!•_~ ol a~sotute rigAt to sa~d MORiGAGEE, and wuhcvt ~eference to the
,_cy or ~nadrquac~ ~f th~ vawe of t~~r ,.~cce~t~ ~~.~-`3agcd c: tc ~•.r~ s~•~~- yo u* ;~.,:•~~er~c~ 01 sa~d MOR(GAGOR or the defendams, ond that such
-•s. pruf~is, income, ~ssurs a,~o tevr~:vei sh,•.i oe ap;,s,,:~ i,y wch R~ c• ..~r ..c_u:::.~ g!o the I~en or eeiui?Y o} :aid MORTGAGEE and t::e p~actice of suth
' 9. ia d~`y, prc:rpr'y and 1u~'y Fer:or..i, d:sche•~e, execute, effect, c:>r~~ '<re, c,.:~:E,:~ with and ab+de by each and ev~ry the stipuiations, agrcements,
cns ar.d c~+cnant~ ~n sa~d prorr.isso:y r.or« ,,::d sn:s ~n:~ty~~e scr io::4~ ~
• 9 That in fhe eve~t t~~e cwnrnhip of ~F.a ~-.c+ig.:ged pre,~:ses. or r~rt ~:kr:: F, 6ccomes vested in a person other than the MORTGAGOR, the
:AGEE, i+s svcca>sors o~:d ass~y~~:, may. ..~:~}=~1 n~r.cc to s>•,: :'.~:..7~•=J~. d;a: •.~:h such successa w successor in ~nterest w~iF, reference to this
+3 ~ge and thc ;i_ot hrreby s~:vred i~ the sa~ne me~~r:c• as anh :.1~~'~.._l.`• +~•~'~~vt ~n a~V ~Yay vihaGng or d~xharging the MOrtgagor3' liability herr
- o~ upor. rh~ d~•ht he~eby sec~~rrd. No sa:e of t~ r Fre„-.:,es h~rcb; ~::tgega•d a::d ~~o ~orbearance oo the pari of the NIORTGAGEE w its successon
- ^~s and Ro exte~~s~on of :ho n~~e Eo~ ih~ paYme^~ of the ueb~ 'r.~•~_; ; s_~~+ec g~:rn hy the IAORTGAGEE or its wccessors or ass~9ns, a.tiall operate
~se, d.schuge, m~ci:f~ che~:~e o~ affed ~he o~~:~.na~ liau:::t~ ot 11 _:f.iGAGJ~2 I~erem, eitber in who~e or ~n part.
10. h is spcc:'~~.~t:y ~g~eed +}:a+ s~n,e ~s of th~ essence of f~~!s co 'rac' anc! that no waiver o( any oo;igation hereunder w of the obligatiw~ x- ~
_~d hareby s^a:: ai rny t:-:e ~:~•_rea'aer :.e he~d t~ L•• a.:~i.~•r cf ti.•± .r-^+s ra~r::f or of the instrviaent secured herby. ~
F
11 in a:i 1 t.~.., •o ty;_.~~ ..,y.•i-~ ~ i.i,. ..•s F.~i-.c .•,~.d ~.~..•r. y• n:e~., r.0 Ly the p~om.sscry nore Sctured hcreb{, morigagor COVenantt
,~cs ro p~y .•,~-,J,,-..:~ rt~ e:~.: •...,j~ .3•..d fl~ mor~yjgee to be equal to 1, 14 of the ar.n~at cost of tbe fotlow-
A-Ail r.~ai f.ro~e-:/ taxes .ti:,r. or .:is'_'`_:i dy;,~st the aco.r d_scr=._d r•:a: c.:ate. .
~ S Fr: r.~ > ca , a~~ : s~":.~ c_~ _ e:n r.G ,..d r~ 6e ca she ~~r;.rcveme~ts s'avate o~ tha above descr.bed premises.
C -P:e . ;v;, s c;. °.v<n ~ ..r'~ ~~c ^y..~•.+. .i rz.•a( " .zs . ~,~.~r:..~ s',a.t . ~ : :,~e •o ~~•ac cleem fit to earry on tt~e ~oan ucured fiere5y_
o~tgage~ s~~.:'~ !•cm r~. .r to t;-~ r.c•~f, r*en- agcr m^vir:e.ng cF :r,e ~ o. •~t d~= ar.d payable hereunde+ and sLCh su~n shatl thareupon l+e due and
f e, h_~ c,:r 4.,•.~ o: ~f .0 1 1;~:~.,• arc s:;cris~,e c::;~ r;- ~i:.•r vr~:~ mar!g3gee shalt not:fy mortgagur of a:tiange in svch
SccF• s:,°:s s`•, • i e a . ~•a 14:•~ i~,•rF~•• of re ' preper+;' taxes. ~~swance p~em.ums, a~~d matgagr guaraniy insurance
, . rF~~..~ .;y ~ y.., _ .
' ..`s'
11`~ LVlT":ESS '::H=_f%~OF, . sm r.'.ORTG.=+GOii has hare.,~~to ;er hts h~~ d and s_•s! the day aqQ year first a /
$e d d 'iver i~ ~eaence of:
\ . ~
- , i Sesn
f d L. watts k,q
_ ~ ~
a
- - a r icia Watts
'-'.;E OF FLORIDA ~
+ i
.•;rr oF -------~.t`_41i~'1~--- - ~
Befo~e me persona~ty appeared __--`~OSe ~I WattS _ snd ~
Patricia L• Wdit8 his w~fe, to me wcll known and known to me to be ?
• ;::;l,•r~dva~s drsaw=d ~n and who execoted th~ iwego~ng inst~ument, and acknow:edged befwe me that they executed the same for the purposes ~
Patri~ia L. ~latts `
~ n ~,cprrssed. And the said__----- - -
. ~ of the suid _ -----~0~1•~ W8tt8 upon s sep~rste and privsts ~
~aKon by me r3Ren separate a^d r.pa:t fro-n her sa:d hvsband, acknowiedged ~o end beFo~e me tFat she executed said instr~ment fretly and volurr
; ar,d w tho~t a~y co^~pv~sion, co~ s:rrir:t, ar.prenens:on, r fear of or fr~rr. her said husbartd.
F.ITti~55 my fiand ~rd oiS~c~a! seaS th;s. day ef----_- j~ V- A. D. 19~4.-
~ - • I~'~
Notary Public in and fw tf~e St of fbrids st Large i
My Comm~ssion exp'uer. ~ S~ j~~''`
P.et~r~ io:
=:st Federal Sar+n~s b loan ASSOU3l:O'~
Qi flJr1 [':C'.`. f ~
F'Of1 ~I~ffv~ f'.•.~~=un O
f/~E8 a~' " )il~1 i:DE - , ~ ~
St.~ -A.tS~~ ~ . ,
This Instrument Pre ared B C~f~r' ~,JA` 7 ?
P YJ. H. Roberts Jr. QF^f....~~_° ~
F~rst Federal Savings 8~ Loan Association i~ p7 p~~~,t ~
of Fort Pierce, Rlorida r~ y . _
Checked By - - ~
28'714~ ~
s~ox 2~ PAGE~445 ~ ~
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