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3. To pieca and conrmuout~y kcep on ~he tu~:d~r~gs no v o~ I.wre`•ter e:r,,,~s on sr.d ~~~~d dnd o~ aii equipment and personslly cove~ed by this mo~Ig•
e~~, with all p~em~uns thr~eon pa;d :n full, f~ra ~ns..rance m me ~s.3~ sra~u~~~J pc:~cy form, ~n a s~m ap~xovrd b~ the 1kGft~vAt'aEE, and windslo~nl ~
~nwrance tha usua) ~tandard poi:cY fo:m, ~n a sum ap;•:u.ed by ~he AAi)k~GAGfc, ~n cuch company or co~r~~an~es ~s ~fe~ a~e sum
aioE
said or
d.rect; a~ul alt lire and w~nostorm inwronce po~.cir~ on any of srd b~~:d, •ys, any ~nrereit tF.ere~~ w par~ thareof, in the ayg g
in eica~s ther:.oi, ~hjll cootain tne uwal ~~enJnrd mo~~g~g~e ~~~+us~ Q~ :~ch o~her c'~use as the Mo~tgagee mey reqwrs, mal.~n9 the :oss ~nde~ sa~d po~i~ •
Crs, each and ~ve~y, p+~~u~e to aaid .`~vk1GAGEE as ~r• ~~»~+est ~na/ apNre'• a:~d each .:~~d evcrv s~ch ponc~ sl~oll be promptty ass9~ed a~~d del~+cred to
c~y heid by sa~d MOATGAGEE as fw~her secui~ty ro aa~d n.u:tgoge d~5+. arJ, ~wf ieu ~~wn ?en (10) da~s in adva:~ce of ihe axN~jation of each Fof~cV. to de
L~rr to sa~d MORTGAGEf a te~iewal thcrcaf, ~oge~her ~v~~h a rete•p~ !w ~he pr~•.nwm of wch renewa , and ~here shall be no f~~e or windsw~m insuranc~
e
plnced on a~v o} sa:d build~~gs, any imerest thcre~n or pa+~ thrrrof, un;~ss ~n on~ fonn ~•:d wiih the tu:s pay~ble as a(cresaid; and in ~ e e:rnt any ~um '
of n:oney becon+es pa~abie under such poi~cy or pol~c~es said MORiGAGEE shall ha.a ~hn opt~on to rec•:ive and appty the sa~ne on eccoum of the indab~c~d
ness secut~d hereby Gr t0 permil Said tAORTGAGOR$ lo fcCeiva dr.d ~S! il w a~.y ~:..rt tn•~:coi for c:nrr pur~ osrs. vr:tnout th.~~ii:: ~n•.+r.• ~7 ~'"W'r•
any eq~~ty. tien or r;ght u~zdcr or by virtue of ~h~s ma'gagc; and in the eveof sa:d M021GAGORS shall'fo;~any~re+u'on i~a~l to/en~Pm Mcre~For or~in a~y
~nur~d. Ot lail ~o dr;iver pro~nptly ~ny of sa~d poi.ues ot ~nsur,~„ce ro sa~d ir,vK~v%~:.•~C, or :a;: f' Y Y Y P
~~~epcct iail to prrform, J~scharge, execute. nf~ect, ca~~p.~te, con.p~y v.~~h and a:~:.ie by il~•s coven~nt, o~ any p.+rt hrreo}, sa~d MORTGAGEE may p~ace a~~d
p,,~ (w wch insu~ance or any part thereof w~thout waiv~ng or affcrting any oFt:~n. ~~e~, eq~~~y, or ngh~ under or by vhtue of thii h~ortgage, and thc
i_ t a•noun~ of each and e~e~y wch pa~ment shalt be imn~ed~ate!y ooe ond paya~.le a~~~d shali ~ear ~nturc~~ irom tha date thereof until paid at the rate o1
_:{:e~ .rnwm per an:,::~~ end to3rn ~•i .rith su:h ~nt,rr~sr si~.,i, i.r scc~r•.d k~y tne !ien of this mprtgage.
4. To pe~mir, to~Tmit or sufier ro waste, ~n•pairmcn! or dr!o~:ordi~un c~ ao~d N•cperry or any pa~t thereof.
5. To pay all end si+~gula~ the cos», charges a~~d eY~~e:u_s, ~nci~d.ng a~raso~~able attomey's fee an.~ costs of abstracts of-atte, incurred or paid al
•~r ~~~r r by aa~d h~OSt1GAG`.E, because or ~n the evc~~~ of ~tK ta '.:rc on tre p~ri u~ ~he sdid MORTG~GOR ~o duly, prompdy and FuUy pertorm, d~scharge.
__rute, el~rct, canp:ate, tomply w~th and eb.dr Uy ea_h and evrry the si~p~.'ai•ens, agrc•eneents, cond+t~ons, a~d covenanrs oi sa~d prom~ssory note and this
;•~gagc any w r~ther, a::d sad costs, cha~ges ac~d exFenses, eech and every, shaVl be ~rr,~„•rd~dlEl~l dur and payab!e; whether q ~ot there be no~~ce de
~+.~~d, attempT lo cotlect or suit pe~nl~n9; and tF~e f~il a~r.ount of each and e~'ery svcn payment ahalt beo~ inte~esr from Ihe date thereof uNil paid a1 the
,~~.u~r }.er cc~:tum F 2r tn~w•~~: ~~~u ~~t sa~d ~os.s. ;na ~rs a id ~a~.~nses +rxunrd o~ paid, toyelher ~v+th svch inte~est, shall be aecured by the lien oi thi~ i
~ tgage. •
b. That (o? in the evenl of any 6rrach oI this Mo~~gage or def~ult on f~re p':t of the MORTGAGOR, or ;b) in 1Fe event sny of sa:d sums of mor~ey ,
h~~e~n refened to be no~ p~omptty a~d fuHy pa~d w~~i:in ~h~rty (30) days nex+ a~t•~• ~t:e s~~»e severetly become due and payable, without demand w notice, ~
c: in ~hz event each and every ~he stipu!a~~ons, ag~eemeMS. cer.~J~'~o~~s anJ cu.•enanrs o! sa.d p~omissory note and th~s mortgage any or ei~her are rw1 ?
t., pro:nptly and fuliy perlwmed, ds:~~:~~g•=d. ~~etuted, etfected, co~.~p;etcd, cor~':ed r~~th and ab+drd Sy, ihen in e~ther w any such eveN the said a9- `s
,~a•a sum menr~o~.ed in sa~d pron~:ssor~• ncta thtn ~c•nd:ni~'(} unpa'd. .r,•h v,itrr c:te.•~-d. o~:d a:; mBr.eJa secvred hercby. fhall beewne d~e snd pay-
•'erthwith, or ~hcreattc~, at The ept~o~~ 01 s,~d ::JR7'~AGEE, as f~:+y and =o~r~p:a'~'~1 as if aN of the said wms of mooey wero or~ginally snpulated
~.a..t ~n such d::~. ar.~,lh~nq ~n sa.d pro:n;ssory note or in ~hi: t.:oreqa~: ~o i~~e tw'~'ary r.e'withst3nd~~~g; and thtreupon or the~cafter a1 the op~ion o{
s., ~LORTGAGtf, w;ti.c,~t nohce or tir~r:a~'d. suil at ,a•e cr i~ cqu~t~, rh..reto:° u' ii.~r.:,i~r~ 'r,eyu~~. Li~J~ i;c H:csc.uted ~5 if 3!! :r.C^~ys s!~tu!ed herEby
~ . ,~atu~ad p•~or fo m ~~vrtut:on. _
7. That in ihr P~enr tf~at s~ ~he be9~^n'nti •:E or at any T.n-e ~.enci~ra e~r sc t u~>cn !his Mortgaga, or to foreciost it, or to reform it, or fo enfotte
..~r...nt o} any c:~~~s he~e~nc+=r. sn~d OkTGi.G. : sta :~c•,-~; f~ 1~~=~ ~o..-r f:.~:~, g;:, >:i.<+:on ~he~eot for the appo~ntment of a Recerver. such Court shail
~ d s~ ~~~+ar si:e ~ncor.ie, rof~ts, issues ar.d revenues fro•n whatever
~ ..I~h i, c,nt a ~•.:_~.e' ct s..~v •"~-t~~j ~ vi..,...r aI: ~ id ,-~~~:a•. ~o .y P
~ denved. c:~!: and ••+e.y ot .+i, ch. ~f ~ ~~.;•.cys y o s:.,o;i. :s r~r e., ,_~r.;,~rd as i4 speuhca:fy set fwth and dettrbed in the 9ranfing and
_~dum c~auses hereoi, and auch Rrc~~y~; ss,,;; ti',,f•' .i.~ ~'~'d ~°''i~{• °1 `-''-~~s ;nd powers in anyw~se eMrusted by a Cou~~ to a kece+ver, and
ai~pointmea+ shail be made oy svcti Court as a•. ad •,~tsed cq'-'~:y ~"u ~•re"~' oi a:"-~'~te right to said MORTGAGEE, and witheu~ referente to the
..~cy or inadequacy af tfir va ve of ehe c~eur+ty rra:tg~yed oi tr.e s~n~_~c, c' •~+'•'~ency ot said ~l~ORtGAGOR a the defe+xlants, and that suth
~ •s prot~ts, in:ome, ~swes and revenues shail Le ap~.;~ed by wch Rec•_~ver d~CJ:t~'~J TG ~~1@ lirn or eq~ity of u~d MORIGAGEE d~ ~he pradite o1 such
. _ ~•t. :
B. To d~:r, prompt:y and fui!y ner'o~m, d+scharge, exew!e, e4tc.r. coT~~e~r, c:.~:•;:`~ w~~i, and ab:de by each and every the stip~lations, agreements,.
:.r:~ns ar.d eovr~a~ets ~n sa~d promisso•~ note a;~d th s n,~rrgayF se~ fo~th. ~
9. it:at i~ tke e~c^t the ownersh:p of th~ rnc~tgaged pre ::~ses, o: a~.t ~3•t therrof, Eecomes ~ested in a pe~son other than the MORTGAGOR, the ?
P~GAGfE, ~}e sucttsscrs a::d ass~~r.s. ~n.~y, •.ci:~out ror.ce ?c rr,e 'l,JYi:;:~:):~, c~ed'. =~1~h wcctssor or successor in ~Nerest with referent° to this ~
- ~:~:ge a d tF.e d-'c~ i~ereny secured in the sa*r.r ~*~a:*~rr as w~~h L'.ort,~agor xith:ut ~r, a•,y way vihating or d~xharging the l.longagors' liability hero- ;
~ or u~o~ ~he deLt nr~eny stw:;-d. No sa:~ c4 tr:_ F~a~~~.s~•s h~reDy .n..rt,cged ar'd na fo:bearance on the pa~t of the tAORtGAGEE or its successors
~~u and ~ o enee^s.o~ uf ihe ::r,e fo• t1~e pzy+r,~•~~t ~,f t~,e d.,'o• he••-; : sec~~°-c1 g:~en by !he tiM1ORTGAGEE or As su;cessors or ass:gns, ahall operate
~'rase. d.schar4e. m~d;fy c~a~:ge e• ,affea tne cr,~~~:al I;;,i: , ry oi v,e N;~:FTGAGJR i~err~n, eithrr in whole a in parl.
1^. 1~ ~s s~•_-r(~caliy 3g•Ned_ tF~at t. n~ is o` tn~ esse:::~ of t~ :s connac! ~+~d that r.o waiver of any obtlgat~on hereunder or of tne o5i~gaiwn sr
~~•rd hareby sha[: at any ti:-,c tt~_rez.`rer be he.d To be a rwai.e~ cf t~:~ :erc:s ~~ereoi or of tFe ir.strument setured herby.
1{. In acid ~,.r,~ •.^.,^c ~•;,'i i~. s e,+ - i:~ s r.,.,_ .cd by ~i~e prcn,'ssery r~ae s_curod Fr:reb'Y, mortgagor covenanis
~ .,.1•^E! fJ ray t0 ^.6•'•, _•,e ~..:h £a=^J . ~r " s~•~, -s bl me:vgagee ro be egual to l.- 12 oi the annual cost of the follow-
A-Ail reaF propony tai.as •<•v~-:i o~ ass s.:i ag., ~a* ~h~ ~ro.e d_sr~~ d~ca! ~;•.,rc
i ;,,z •o i.~. r~ ci : th.~ :m~roveme.its s~tvate on the above dsscribed premises.
6 Fr,.. •s o~ . a ,3 ,r.: .y, . . .
I r_p~~T-,,,,,,,~ ,vch mc g oc g...rr ry irs~ e~ ce as ma +y°e sha~' °rov~ r ne ro r me dtem iit to tarry on the ~oan secured hereby_
?t,~rtg.~gee s^.. j•= r~~~ fo e-~ c t,,+~~~• r...t~~~~ cf the a. o.;~t and payab~e hereundzr and su_h svm sfiall thereupon be due and
~ o~ th~ du~- cn+~ of i'~e ~i.cr ,:cr...~ ,,s;.,,,.•t a•~u e;ch s.cc•s~s..• :a~an ti.::.~ett_r uc!~! mortgagee shall no'ify mortgagor of a chaoge in sveh
; Such s..ms s a.: E:e d~~•':ed ty mo~ty~_ to:.ard tt~e ra~~nent of re=~ pro. •_•ty taxes, inwrance prem.ums, a~~d mwtgage guaranty insurartce
vrn5- .
Ih tiYIiP~E55 LYHERCGF, t~.c sa~~ A'~::RTvr.:,~;e~ has t~ere~ ro set n~s h~rd and sea! the day and year (ir afotesaid.
i
' ned !ed and ver m the presenc~ oi: ~~~~j~ ~ [
' ~ 7~VW'^~i fSean
S honas W. Casus _
se,q
~ . ~:.G•:~4E0\ (SeaO
~ ; - fllf . •wAill FL1~• ~
~ N~sS L ST.~.uC<~-~~.~;;;~~s ~ r R Cazuso s~,q
t ~ ~f~ _ - t~. F.0'~"
/L~~~l.. ~ CLE'K._-_" ~~"~'i COI.~
.r. - Y7 '
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~_~:TY o~ ~ u. 7 ~ 49 aH 'QQQ _
Beir,re me persor,all~ appeared _-ThOO~$ W. C~O ~7~vO and
~dYy R. CaZ1150 his w7fe, to me well known and kreown to me to be
~•;nd~vidua'.s descret;ed in and who exec~ted the foregoing instrument, and acknovitedged beFore me that they executed the same for the pu?poses S
~ •;•e;n expressed. And the sa~d_- ~zy R. ~d=u50
~ of tne sald ?bOmaS W. _~l11S0_ upon s sepuats and private ~
~at.o~ by me taRen separate and apert from her sa~d husband, acknowledged to and before me that she executed said instrument freely and vo~un- ~
~ • y and w;tnout any cornpulsion, censtrair,t, a, prehens,on, r(ear of or from her said hus nd. ~
~ Jul . ,~it,.~~.~ .4
'NI1P.cSS my hand a~d offidal sea! th~s_ - day of--- ~
~ ~ .11? ~
' otary P~blic i~ and for tate of,~lorid~ a~rs4 J S
My Commusion e~cpires: ~ = v . ~r7 E .
a~i Retvrn io: ~ J ~ f •
~ ' ` t-- ; r ~a' ~ _
:st fede+al 53++(~3S S Loan Asscuat:on SP~~-~-rA ~l ; •
of ;o~f P f ~ERTRAN~ - ' ' ~
f rE~v-~~~sE~'=. ,(Q;~ :
Forr P~...ce, Fio•;da rjOTARY PUBLIC 0 ` ib-!,S`'••.,• _
M C~mission ExP~r~ Junc I; r,~`•~~ ~••L "
~ Y \4.1 , . .
~ This Instrument Prepared By. John W. Collins ~
~ .
~ i-irst Federal Savings & Loan Association
~ of Fort Pierce • R1o=ida
Checked ey~-- BOOX~rJo PAGE~~
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