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To plap and con~inuovsly ksep on tA~ buiid~npt now or hereaftK ~ltu~t~ on sa~d land and on all puipmeM and paso~aily covNed by tFds morp~ ~
p~, witl~ dl premiwns thereoe? paid in fulb lin inswante in ~he usv~i tundard policy fan?, in • wm approved by tM 1NORTGAGEE. ~nd w~ndstam
insuranq in tM uswl ~tar~dard pol~ty fwm, i~ a sum ~pproved by tM INORTGAGEE. io such tompa~y or canp+nia as tM MORTGACsEE may ~
direcy ~nd alf !in u+d winds~am insuranc~ potici~s on •ny of wid bvitd~n~s, any iA1Nf~1 IIINQNI 01 ~ft tlfff~Of, In tFa aflqrepat~ wm afo~~said w
i~ ~~c~ss theroof, ~?ul{ contai~ tM ~swl s~a~dud m«tga9~e dwsa w sucF? o~he~ claus~ as. t1+~ Matga~N m+y reqv~n. n?+?iny ~tw bcs u^~i~r sad pol1~
ciq, each aod wery, paY~bw b said MORTGAGEE ~s its inlereal may ippes~, a~d each and trery ~vch policy thall be p~omptly ~~s.g+~ed u+d d~tivHad to
any Mld by ia~d MORTGAGEE a~ fwthsr sec~~it~r ro said m«tyaye debt, and, not les~ rhen ren t:0) dsya ir? +dvs~su o( th~ expir~tion of euh policy, to dr '
I~ver to said MORTGAGfE a ~enewal tFareof, topetha wi~h a raceipt tw 1Fx pra~+~um o4 s~ch re~ewal~ and ~her~ shall b~ no fue w windstam inwranc~
plspd on aey of s+id buildirgs, sny inierpt t4wrr~ or pHt the.eof, unleu in the form snd wi~h ~he loss p+yabt~ as ~for~s+id; and in tM went iny swn f
oi erwn~y baca~+es paYable under wch po~ky a po~icies said MORTGAt'scE ~hall haw the oplion to rec~iw end ~pplr Nr s~me on +ccoun~ of the l~debtad~ i
neu aet~red ht~sby w ~o pamit said MORTGAGORS ~o receiv~ and us~ il or ~ny part thereot for otncr purposes, ~Y~thout fh:reb~ waivi~~g w anpa~r- + ~
ing any pu~ty, IiM w right w~der a~y virtw ol this mo:tya~e; u+d in the wcn~ u;d MORTGAGORS ~hsll for arryr reason fail to ke~p the s+id premues w • p
ir,iured, or fail w d~l~ver promp~ly u+y of s~id polKies of insurance ~o ia~d MORTGAGEE, or fa+{ promptly Io paY fu~~Y a~y Pfe~^ium therefw a in anY .
respact fail to paform, d~xha~ge, executs, ~ff~ct, complete, complY wieh a:~d ab~de by this covena~~, w any part he~eof, said MORTGAGEE may pi~oe a~+d ~ }
pay for s~tk inswanc~ ot any part thereof withwrl waivitiy or sffectiny a~y optan, Iien, eqvity, w r~ght ur+der w by virtw of thit Mat~a~s, u~d tfie i
fu1! amouM oi tach ad ev~~y wch payment sF+all be immediately dw and psyable snd shall bear intere~t from the datt thc?aof v~til paid st ths wt~ ol ~
n~ne per centum p~r annum and togNher with such +n:erest shaii ix x~cured by the lien of th~~ mort~age. ~ i
4. To permit, ca~mmit a wffa no waste, impairme~t o? detenoration of ia~d property w any part theroof. ;
S. To pey stl ~nd szngulM tik cwh. tha?ges +~d expenses, including a ~easonsbta anorne~s fee and costs of ~bstr~cts of_ titl~. incwred-or pa~d ~t
any time by saw~ MORTGAGEE, Ixcause or i~ Ihe even~ of ~he failure a+ the par~ of the said MORTGAGOR ro duly, p~omp~ly and fu~ly psrform, dixha~ge. ~
P,cecute, effcct, canpktt, comply with and ab:de by each and every the st~pulas~ons, ayreements, condi~ions, and covcnann of said prom~+swY r+ote +nd ~his :
rnwtgape ~ny or either, ar~d sid cosb, eMr9st +nd expenses, each a~d every, shall be immediately due ~nd payable•' whether o~ not there be no~ict da
mand, atrcmpE ~o colkct w wit p~nd~ng: and the full amovnt of each and eve.y s~ch paymso~ shall bea~ interN~ from the d+te theraof vMil p~id at the
rate o! nine per centum per an~wm; arxl all sai~i costs, chargey and expenses intu~red w paid, toyettur w:th auch inltrest, ~f?~II bt setured by tM lise of thq
mortgs~.
8. That (s) in the eve~t of any breach oi thii Mwtgage w default on rhe part of the MORTGAGOR, w(b) in the svent ar+y of aaid swns of nae~r .
herein rtfeired to be not prrxnptly and fvlly paid within thirty (30) days next at:er ohe same severalty betome due u~d pay~bl~. w:tlwut dem~e~d or notics,
or (c) in the event each and every the sfipulatiuu. +greeme~tt. cand~rans and covenants of sa~d promissory note and th~s rtw~tpaye any or either, ~n nol
iuly, promptly and fully pertwmed, dtscharged, executed, eifecred, completed, compl~ed wirh and abided Sy, the~ in either w any svch evtM tM iaid s¢
gregat~ wm mentioned i~ said promissory note then remaining u~paid with imeresr accrued, and all moneYS setured hereby. shdl becon+e dw and pay-
an'e fo.thwith, Ot tF~RYNftN, at ehe optiw~ of aaid MORiGAGEE, as fvl,y and compie~e~y as if all of the wid sums oF inaky were ori~7n+lly a~ipul~ted
to be pa~d an svch day, anything in sa:d promiuory note w in this Mwtgage to the conrra.y notwithstsnding; and thereupon w thereafter at tht option of
s~id MORIGAGEE, witiwut notice o? demand, suit at law w in equity, therefore or thereafter begun, may ba prosecufed as if all moneys ~ecured hKeby
had maWred pnw fo its inslitution.
7, Thet in ths event that at the beginn~ng of or a1 any time pe+~diny any suil upon this Mortga~e. oi to fwetlose h, or fo refwm It. w to Mfute
payment of sny ciaims he~eu~r, said MORTGFiGEf shail apply to ihe Cwrt ha.•ir,g jur~sd~ction thereof for thQ tippoi~tment of • Recefver. svth Ca?H slwll
f,;~fhwith appo~nt a receiver of said mortgayzd prcperty alI a:id iingu:a~, indud.rvg afl and s~nyular ~he income, profita, issves and revenues from wFutever
sc~rce derived, each and every oi wh:ch, it be+ng express~y und_rs:ood, is he+eby mortgaged as if specifically set fwth and described in the yr~nting ~nd
i~abendum clauses herzof, and such'Receiver shall have all ~he broad and eftective fu~ct~ons and powers in anyvrise entrusted by s Covrt to a Reteiver, and
~~ch appointmem shal! be made br such Cowt aa an admitted equity end a matrer ot absdure rght ro said MORTGAGEE, and wiihout re(erence ro~he
edeqwty a insdsqvacy of the ralve of tne praperty mwtpaged or to the savenclr or ~nsoivency of said MOftiGACsOR w the defa~dsnts, ~nd ~hat s~ch
re~rs, profin, income, issues and revenues shatl be apatied by such Steceiver accord„~g ~o the tien w equiry of said MORTGA6EE aad tF1e practice of suth
Court.
S. To duly, Promptty and fully perform, dixharge, execute, effect, wmpiete, comply with and abide by each snd every the stiputata~s, sgreements, '
cor,ditiau snd mve~s~ts in ss~d promasory note and rhis mortgag@ sst fath. ~
9. That in the event the ownership of the mortgaged premises; or eny part thereof, becomes wsted in a person othet th~n ths MORTGAGOR, tM
h'!~RTGAGEE, irs wccessors and sssigns, may, wilhout nor;ce eo ehe M.ORTGAOR, dea~ with svch successor or sucussor in interesf with rcferMte !o this
.,.o•tgsge arx7 the debl hereby secured in the same manner as with 1:1or1gagor withovt In any way vitiating a dischsrging the Mo~tyagors' lisbility here~
under or upon the debt hereby secured. No sak of the prem~ses hereby mwtgaged and no forbear~nce on ths part of ~hs MORTGAGEE or its sutcesson
er assigns and ra extension of the +ime for the payment of the debt hereny secured given by the MOR7GAGEE oc iri successors w assipns, sh~ll operaN
tc release, d:scha~ge, modify thange or aifect the original liab~iity of- t~e MARTGAGOR herein, either in whote w in pa~f. -
10. It is specifically agreed that time ii of the esscnce of this contrad anci ~hat no waiver of any obligatan here~nder w of tha obligation fe-
cvred htsreby shall at any time thereaft~ be hetd to be a wai~er of the terms haeoi s~ of Ihe Ir.slrurtKM setuted he~by.
11. In add;tio~ to the ~orego:ng monthty paymmts of prin,'pal and interest ~equired by ihe pranissory note secwed hereby, rtartgsgor tover?~nts
and agrees to pay to ~+w~tgagee weth each mont~iy payrnene an add~rional sum e:~in,ated by mortgagce to be equal to 1/12 of the a~nual cost of the folbw-
frtg: - -
A-AU real property taxes levied or assessed agai~st thc abave described real estate.
B-Premiums on firn and windstorm inwrarce as herein reqa~red to be tarried on the improvements situate on !he above destribed premises. x
C-=Premiums on such mwtgage guaranty ir.surance as mortgagte shall from i~me to time deem fit to ta?ry on the loan secured hereby.
Nbrtgagee shaii from time to time notify mortgegor in writing of the amou~t due a~d payable he~eunder and such wm shall thereupon be due and ~
j :-~yable oa the d~e daie of the rtect monthty paymen! ancl eac6 successive month thereafter urtil mortgagee shall notify mortgagw of a change in wch
` a~~ovnt. Such sums sFat! he appfied by mortgagee toward ihe payment of real property tazes, ina~rante prem.ums, and mottgage guarsnty inwrance ~
!
~ ;~~emiums. j
tN WITNE55 V'1HEREOF, the ss~d MORTGl.GOR has hereunto set his hand a~d seal the day ~d- ~
S' ned, Sealed and delivered in tlx esence of: r _ t
G-c.~ - = ~ n i
~ ence Dr ovitch n-
~ - " ~ d o
oan Dra o tch k
STATE OF FLORIDA ~
St. L.ucie ~ u- ~
ccuNnr of -
Befote me personally appeared ~WZenee Drayovitch ,od
Joan DYayovitch ~ w;fe, to me well known snd known to me to bs ~
rhe individuals described in and who executed the fweyoing instrument, and acknowledged befare me ihat they executed the same for the purposes
rhere=n expressed. And tht said `10a11 ~Ys'~yOV1tC~'1 _
,,;fe of ,he „d Lavirzence Drayoviteh vPon , sep,~ste ,nd priv,1~ ~
ex~m~nation by me taken separate and apart from her~ssid huaband, acknowkdged to and befae me that she executed s~id instrument freely and vdwr
+3r~iy artd withoui any compulsion, constraint, app ehension, w fesr of or 4rom her said husba~d.
WITNESS my hsnd and official seal thi day of OCLObe a p. 19 74
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~ Notary Publ'~c in ~nd for the State of Wa at
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My Commiuia? sxpirs~: ~ ~ .
Return Tm . J
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First Federal Savings b Loan Association ~~~Htll!l~;~'Fr~~-`' ~
FoA Pierce, Flor'da f lE0 ANO NECO~~~ ..~`~~~~~;~,~+.f`~$rJ'~' ~;ri~
~ ~11C1E COUN?~f s , • ~~4 ,i-
= R P01tM - - ~ v; - %r
- - - c~Ea~ ~~cd~~-~ou - - - ; ~ :
:#t p ~'n ~ r ` - ;
P Y CORO V£R1f1E0 ~ . .<< F
This Instrument Pre ared B John W. Collin~ =b'i T~'"oa:~t•~~- t=~=~
- First Federal Savings b Loan Association M 3 j]~ ~ P~' " .
~ t~ Y.- ~ L~ G.~ i„' .
d~ i
of Fort Pierce ~ F lor ida W~ ~O y ~
=t ~
~~~i.~~~.~~'.+t~{`~
Checked By ~ ~~~~~5 ~~~~~dr~, ~,-R~DK
^'~NNIi iN1~1~
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