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S. To plao~ ~nd comin+:ousiY kecp on ~tc lw~!dinps now on c~rea(N+ f~fv~t~ ~~Y' fora~+. u~ ~
wm +PPro~id, brdtM MqR GA EE• a~ tw nds~a .
~q~. wi~h aN prtm~ums ~haeon pe.d :n futl, fue ~ntwuue ~n ~N ..tiuat s~uedsrd ~~~y ~y1pRIGAGEE i»ay ~
;nswsnu ie tM usval u~ndard nut.cy ia~n, in a swn"~pF~cvad by the AM~RiGAGEE. w+ ~ CO/1P~^y «th~reo~~M a r~~~ ~wn afor~si~d ~
d~rec~j t~d all (G~ u~d w~d:ro~m inwra+r.~ po'.K~~s as a~y of sa~d b.~~.d.~+y~, ~ny ~n~a~u tl~crein w pu1 99 ~9 ~
in eac~u therMf. sha~l cw~bin M~ uwal s~a.+Jard morrg.qet .~ws~ w such o~Fxv dr:as af eM Mwty+yN ~+Y «V~~n• maki..p IM iott u~dt~ sad po1F
c~es, e~ch and e~ery, p+rrb'e ro ~a+d MJRiGAG~~ aa :rs in~e~:st msY ~ppea~, a:wi a+c?~ rnd every s~ch po~~cy si~ail w prurt+Pi~Y ~s~9"~d +"d ~~'vared to
•ny held b~r s~id M.ORiGAGtE as lurihsr secwity ~o said mat9atic drt,r, ..td. not :eu Mu? ~en (10) days in advanc~ o( tM expira~~on of akh po!~q, ro d+~
I~ver ro said MORTGAGEE a raxv.al the~eof, ~og_~her w~~h a rae~p~ (w ~la p~rm:um of s.~cl+ re.xwal: and eheb'f u~~a «Q~di~'~ ~
~~sevent1~( wm
plsced on ~ny ol sud bvild~nya, any ioterpt Il+e~ein or p~r~ ther:of, unieu in thc fo~m a~xl wiih the bss pay y ~
of nwr?~Y becomes paY~We under wch po~ic~ w po~iuas saiJ MOR1W?GEE iha{f have tM optwn Io ~ace+w and spply tM samt o~ accoun~ of the indebted~ `
ness srtured he~eby w to permil aa~d MORTGAGORS io retaive and os~ it o~ awy part ~Aerct~f for oth.~ p~~poses. w~~hout ~h:.~br ws~r:~v~ a~mpain :
in~ any epu+ty. lien or ryht unde~ or by vuwe of +hia mo:'yage: +nd in the avem sa~d MORTGAtiOo~ sF++!1 (o~ any ~eason fail lo kcep t!x w~d premisas ao ,
inaured, ot fsil to deliva~ promptly any of aaid po~~ties of i~sura~+ce to sa~d JNORiGAG~E, ot fail {uomptly to pay fvlly any pre.n.vm ther~iw ot in a:+y i
~espect fait ro pKforn., d~uha~ge, eaecu:r, elfect, cample~e, compiy wi~h and atide by ~h~s covenant, a any parr herwf, said MORTGAGEE may place ++~d . ~
pay (w such insurante or any part thereof witfiout w~ivinp ot aifetlinp any option. I~en, ~tquity, cr righi unde~ w by virtue of this Matysgs. ~nd Iht
fu1~ amoum of each and cvery wch paymem shal! be im~ncdiatety d.re and payabte and shall bear in~eres~ from ~he o+te the~cof until p+id at the rate of
mr.e per cemum per diVlunl AIt(I to~r!t~rr v~ith such ~otr:rs~ sFwi~ br secwed by iF» Gen of lhis morlgaga. ~
To permil, tommit or iuffer no waste, impa~rnxnt w dererio~a+io~ oi said proper~y w~ny parl thereof.
S. To pay all and singular the~costs, c.tiarges and eaps~ses, ~ndud~rg a~easonable atto~neyi fea and costs o( ~bslracts of title, i~cwred w P+~d s~
eny tirr.e by sa~d N~ORivAGfF, bccavse or in ~hc event of the {a~lure on ihe p+rt of ~he sa:d MORTGAGOR M dulY. pra++Pt~Y a~d fully pe.Form, d~uha~g~
r:ecute, e'Fect, cwnplete, :ompty w>>h and ab:de by euh and evey ~l+e stipuiat~ons, agree~ncnts, tpxlit~oe~S, and tovenanls o{ said pon+iuay note and this
morTgage any or ci~hcv, and sa~d costs, charges a~d expenses, cach and evny. she~l be im~ned~stety due and payabfe; wfiether w not there be notite d~
ma+rd, attempt w coL'ect o~ wit pen.i~r+g; and rhe full ~mo~~t of each and eYerY svch payment shall bea. interes~ irom ths~ date thereof until p~id at 1F+~
-.~rr o( n~ne per.censum ~r dn~we~; a~w a~l said coats, char~ea and eapenses ircwrrd or patd, ~ogether w~th such intercat, shal. b~ sec~red by the lie~ of th;~
mo~tgsge.
b. That (a) in the eveM of sny breach oF tfus Mortgage w deia~it on tFe part of rhe MOP.TGAGOR, a(b) in the evcM any of sa~d svms of rt+w±ey
he•e~n refcrred +o be not prm~ptly and futly paid within thirty ~30) days ncxe aiter ~he same serera!ty betome due and Qaysble, witlwwt dema~d w notice,
=r ic) in the eve~t each snd evcry t},e st:pulations, agreemcnts. caxi:eio~s and covena~ts o! sa<d prom~uory ~o~s and th~s ma~yag* any w either are no1
iu:y, p~a~:pNy and futly per(ormed, d s:ha~ged. earcufcd. cffetttd, ca~ple?ed. ~otnpa~ed w~ih and ab~ded hy, then Pn e~Iher or any such eveet the ta~d ag
e~ate sum :nent~oned i:~ said pro~rssery no'e then ~e+nai~ing unpaid, wi~h imerest accrued. and atl rnoneys set~red htreby. shall become dve and paY
eb'r forthwith, w thereafter, at ~he ops~on of se:d 1dQRTGAGEE, aa f~Uy and comp:eie~y a; ~f afl ef the ~~d wms of money wera cu~gin+lly snpulated
fo be pa:d on such day, anyth:ng in ~a a prom~ssory note w in ~his Matgage to the contrary no~wirhstand'+ng; and tF~erevWOe or lhereafta at the option of
s~~d MORTGAGEE, w~~heut norKe o. demand, suit at Iaw or in equny, fherefwe or lhereaf:er begun, may be p~oxcuted ss if ~II rtaneys secured hereby
c;d rtWruted p+~0f to Js institutwn.
7, ihat in the event that a~ ~~e t~eyinn~,~g w af any fime pendi~g any su~t upon this Mortgsge, o~ to for~rclox it, or to ~eform it, w to enfwcs
~:~yment o! any c~aims he~eur.drr, sald htiORTGAG`_c shall apply to the Couri ha+ing ~ur~sd:aion thereof tw the appantment of • Receiver, svch Court shall
f;:•*ti:vith appu~nt a rece~rer of sa~d r.:xtgaged prepC~~y atl and s~r.gu:ar, ir.c~ud.ng a:1 an~ a~:~g~lar tGa incom.;, prolAS, issues and ~evenues from whatevtr
s: ~rcr d.:ri.ed, e.:ch ar.d every ot wh'ch, ~f ~~ng expressly unders~ood, ~s ?:e.eby mo~tgiged ai if specilecalty set forth ~rwf desc.ibed in the ~rsming and
hebend~m c:auses Fw~eof, and svch Rrce~v~. shall hava at1 ihe b~oad and etf¢cr:'ve fur.t:ons i~u! powcrs in anyw~s~ eatrust_d by a Covrt to a Receive~, ond
s. -h apFoinfinent shall be mrde by such Cou~t as an admitted equ7~y and a mafter of abw~ute right lo said MORTGAGEE, snd withovt ?eterence to the
adeq~acy a madeauacy of the vatve oi the proprrry ma~gaged or to the so.ver+c~ or inso:vency ol Yaid MORTGAGOR a the defendants, and that such
r•~~,rs, ~uofits, income, issues snd rcvanves shati be appi~ed by such Receiver accord+ng to the lien or equiry of said MORTGAGEE snd the p~+ctice of such
Covrt. ~ , •
8. To dutY, prompNy and ~ully perio.m. d~scharge. execure, effcct, corrpiet~, cWnp1Y vriM w?d abid~ by e~dl~snd~ewry ths stipulations, sgreements,
:ondiriero and co~enants ~n u~d psomisse~y rwte and ~h:s morrgage see forth_ c; • • • . • •
9_ That in rTv event the owncrship of the mortgaged prtmists, Ct a~y part thereof, becomes vested in • pe~sw+ other than the MORTGAGOR, the
j'.:~RiGAGfE, its fuccessws and ass~9~s, may, withovt notice to the :\tORTGAOR, deat w~th such succeuw a successa in i~teresl with reference to this
r.,e~tgage and the debt hereby setured in the samt nwnner as w~~h f.torsgago• w~tF+out in any way vitiating or distharging Ihe Mortgsgors' liability 4~ere-
_.nder or upon the d.-bt hereby aecvred. No sa'e of tix {:re~r:~ses hrreby mortgaged ar.d na forbearaxe on the part of the MORIGAGEE a ih successon
or assigns and no extens~on of the sime iM rhe payme~~ of ~he deb• hr~eb;r secvred g~ven by ti~e N~ORiG~+GEf or iri succeuws or assigns, shall operate
ro rdtase, d.scharge, rtodify change o~ affect th, orig:rwt i~au~iay of tne MORiGAGOR hc?ein, either in wFwle or in pa~t.
10. It is speu`~catiy agreed that rtme ~s of the esse~ce of th~s cor~t:act -nd ~hat no waiver of any eb~gauoo hereurxkr or of the obligation sr
cvred hareby shali at any ti~x therea'trr be hc!d to be a wairer ci the terms hweof or of tfi~ instrument secured herby.
I1. :n 3ri~ t.o~ •o the iorego :~g monrhEy paym~nts of pri~c',~ai ar.d ~•i~erest req~ired by ihe prom~ssory no!e se:vred hereby, morTgagor cove~anh
~~d agrees to pay to rr.ongtgte v~ith etc~ mo=vh!y pay.-Pnt an aod,nonal wm ese:~-ated by mortgag~e 'o be eq~al to 1% 12 oi the a~nual cost of the follow-
~••3.
A-Ail rea~ prope.ty taxas :ev~ed or assessed aga:•~st ~h~ above dru~~.~.ed real esrate.
8-Pren:~~:-~s on f~re and wi~d:torm ~ns~+ar:e az he*rin requ~red to be carr+ed c~ the ~mprov_wrKafs s~tuate on the above desuibed premises.
G-Premi.ms o~ svch ~:ort~>ye gva+s.^•!y ~rw•a~ te as T.o'tgagee snaii frerr. hv:e to fime deem fit t0 Cdtry On the loan secVred hereby.
I,~ortgagcr sha;! !rom ti~:e to ~~r.u no~i(y mor.geGOr ?n writ:ng of the a~-:oL~t due and paysbte hereundrr and sxh svm shall thereupon be d~e and
~f ~.ab:e on th<: :•~e dare of t!-~e ne,ct mo~+h~y pay~re•v and each success~ve rno~eh thrreafter ur.til matgagee sF~311 natify mortgagor o4 a change in uxh
,;--ount. Such s~ms s?~a~l i~e appii2d by m~tgagse taAa-d tne paymens of real property taaes, insurance p~em:wns, and morlgaga guar~nty insurance
u-e'~1iWTK_
IN WlTA:E55 ~~HERcUF, the sa:d MORTGkGOR has hereu~lo set h+s hand and seai the day and year fir t ~foresaid.
Signed, Sealed and delivered in the p?esence of. ~ J
- p `'v • sn
- C W. Mitchell
- fd~ - c~'..~5~_- ~
• ~YY~~ cS-,~
, . ~ ~ Verlean I?titchell ~,q
5lATE OF iLORIDA v (
St . Luc ie ~
c~~ur~nr oF _ _ ~
Before me penonrUy appeared Clvde W~ Mitchell ~nd
Verlean Mitchell h~: wife, to me well krawn and known to me to be
rhe ind~v~duais descr~6ed in and whe executed the fwegang instrununL and acknowledged before me thst they exer~ted the sanie fw the purposes
rher.;n expressed. And t'.~e sa~d Verlean rlitchell ;
~:~`e of the wid Cl~ e W Mitehelt _ ~PO„ s scpa.ate and pi~v~to
e¦am:natw~ by me ta+cen separate and apan from her said F~~sband, acknowlydged to and be:ore me tlwt she exetuted said instrument free!y and volvn-
+a~~ly and w~thout any ca~noufsion, conssraint, apprehens~on, or fea. of w fram her said hvsbs~d.
.1 Z~~(~ At1aLSL A. D. 19~4
WITPiESS my F.a~•d and offic;af seal this_ day of
~---C_ -
N~~ary Public in ara~ ~or t te of Flaida at Grge , v a' •~6
My Commissiw~ expiras: (
Retv+n To:
First Federal Savirw~s d. lo3n Associat;on
Of Fort P.erce. El~t
~M C~M~~ ' ~ l ~
Fort P:erce. F!o~:da yT w~[R P~1?11A8 :'~-lf~..••.
~E~ C1~C1111 COIMt ~j~ : ':tj~~.~~~.s - -
: ~p :
pECQPD YEa ~f:ED • _ ~18 n d~.: ~ ~ .
~J -
This Instrument Prepared By .I. H Robe~ts s~
. _ ,
First Federal Savings b toan Association , ~C? , ' ~ O s .
of Fort Pierce, FloZida ~ j':' .,••%J.~ `.t:~_
24 4: . . _ t, =
S
Checked By 2`~~~ ~ ,;~'r
~e~u~u?~w~s~~;~.:_;,_ ~ -
ooK 231 P~~ 77
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