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~ 3. To piac~ and COftiMUWfIy I[fQP Ofl iF1f bllliding~ now a hereefeN s{~wt~ on sa7d land and on ~ll equiprneM aad p+~sa~~Y oo~w~d by ~~S "'°~R'
ag~. with all premiums theroon p~~d i~ full, lire ini~r~nca us ~he uaual sra~dud policy fam; in ~ sw~ ~Vpowd bY tl+t MORiGAGfE. +~d w+ndtlonw
~nsuranc~ in ths uswl s~~nda.d pol~q tw~:a i~ a sum ipprovsd by the MORTGAGEE. in svci? comP+ny w oornpan~es +s Nr M~RiGAGEE e~?
d~rec~s a~+d aU fir~ snd windatorm insurancs poliue~ on any of ~aid buiW~~t, inyi MINM) iFWt~ Ot pi~i f~1Ctt'O~. jn ~M p~~9+N w~w ~t°'es°'d w
+n exce3s ~Mroof, shall comsi~ th~ usual ~tsndard mw+9aye~ daua w such o~hsr daus~ u tM Mat9ag~t in+Y ~equ~. s"d P°~' •
cies, ~ach ~nd evtry, paYab;~ to i+~d N1+~RTGAGEE ae ~IS interest may appoa~. a:~d each and every such po1~c1~ shall bc promp~hr ~as-s^ed +nd delive~ed W ~
eny Mld by satd MQRfGAGEE ~s furthtr seturity to ~aid nwrtpaye drbt. ~nd not !~u ~han ~e~ l10) dafrs in adv~nc~ of thR ~spu~tbn aF sach po~~cY. ~o d~-
I;ver to ~aid MOStTGAGEE a ~enawal thereof, ioge~her with a ~ece~pl for "tM pr~mium of such re~ewal; ~nd ~her~ shall bt no fea o~ winds~e~m insuant~
plxsd on ~Mr of said buiidinps, ~ny interoit Iharrfn w pu~ tnereof. unleu in ehe form ~nd with Ihe ~ou p+yablt as ato~ss~id~ +r+d 1hs t+eM e^1~
of monty becoma~ p+Yabtt unde~ wch poiicy o~ policia~s said MORiGAGEE thail have ~he opuon a~aceiv~ aed +pplY th~ s+~e a^ +c~+^~ °f
ness secured he~eby w 1o permit said MORTGAGORS ~o retsive and usa i1 w anY pa~~ thereof ia other pvrposq, w~thoul thNEO,r wa:~i~+g o~ +i+p+K- 2~
~ng any equ~ty, lia? w ri~ht under w by virtur of this mwtyaye; snd ?n the ~ven1 ss;d MORiGAGORS shall for any reason Isi) w keeP P~~ ~ ,
~nivred, or fai) to deliver pranptly any of iaid~ policie~ of +nwrar+ca to said MORTGAGEE, or fail promptly to pr fultr amr W~um N~~fa o' i^ ~"ry
respect fail ro perlwm, diuharge, exccuts, eftecL compteTa, canpty w~ih u~d ab~de by this covenant. « anY P+n hs~eof• s+'d 1MURTGAGEE ~y pl+ce r.+d ~
pay (a such tnsurance o~ sny part fh~reof without waivinp or affariny a~y opt~on, tien. equ:ty. ot ?~qht vr+de. or by virtue of tf+es AAw~s~. +~d ths
f~l! amount of each and every such payment shell bs invnediately dve ~~d payab!e and shsll baar interest irom tF~ date d~e~eof until pard af tl+~ ra» d
~.ine par centum pet anrum and to~e~her with wch intereat shali br srcured oy 1fia ~:en ot tAts mwtg+9s-
1. To permit. oomml or suffer no Mtasle, fmpa'umem or deterio?at~on of uid prope+ry or a~y p+rt ~he~w~•
5. To pay all and sinQulu ?he cosfs, charqes u~d eYpenus. i~dvding a reswnabie attw~eY i fee y+d aosb of sbsn+hs oi tlTb. incurr~d or p~:d N .
eny time by uid MORIGAG~E, because w in the event of :he faiture on the Fart of the sa~d MORTGAGOR to duh, Promp~h +*~d fulfy ~iwen, d~scl+argR t
executt, effect, compkte, comply with and ab~de by eacfi ar~d every ~he stipu~anons, agrecmenn, caditions, and cove~a~K of said pro~iuorr :wte and tltis
,,ortgafle at~y or either. and said co:ts. cha~ges and expenses. each and every. shall be immedia~ely dut and payable: whether or nW tAere be nwice ds ;
mand, at~empt !o coltecl or su:t pend~ng; and ths ful) a~nount of eacA and every such paymem sMli bea~ interest l~om 11r d+M tl+ereof untii P~id tM y
~~~c of nine pcr cantum per a~inum: and a~! uid costs. cha~ges and cx~nses incurrr.i a Naid, toyether with wth in~erest, shaU bs s~cur~d by the lis~ d this
morrgag@. . ~
6. Tha1 (a) in the event of eny b~each of thit Mortgage w defa~lt or+'thr pert of the ARORTGAGOR, or (b) in the eveM ~^p ot »'d swns of °"°^ey ;
ierein refened to be nol promptly snd fu11y paid v~ithin thnty (30f days next afi.v the tame severally bstome dw and pay+bl~. witi~oul de~+~nd or ewt~ce.
er (c) in the event each and every ~he itiputations. ag~ermentt. con~~tions end cwer+ants o1 w;d p~omisswy nwQ and Nds n'w1~+ye ar~ a eAhet an no~
iuly, prompNy and fully performed, dscharged, eaecv~ed, effzcted, carpleted, com.pi:ed wah and a6~d 5y, ~hen in e~ther or uryr wch evant the sa~d
g-._yate sum mentioned in said promiss~ry note then rarainir:g unpaid, with imerest acuu~d, and ail moneys secvred hereby. shall beewnt du~ and ps~ .
ab.e forthwilh, or rhereafter, at the optia+ of said MORiGAGEE, as f~tly arcl comp:e:ely as i1 all of the sa~~ wms oF mw+er wt+t wqin~lty uipulated
ro be paid on such day, anything in sa:d p~an~saory note or +n this Mortgage ~a the conorary notwithstandinQ: a++d thereepa~ o?.thereaha a1 N~s op~+oe of
sr.;d !AORiGAGEE, wi!hout notrce os demand, svit at law or ~n equ~ty, thcrefo.e or ehcreairer begun, may be prosecutsd as if all monefls seared herabl/
n~d matured prror to its institWion.
7. That in the evenf t:~at at th? beginning ~f or at any time peoding any w~t vpon th~s Mortgsge: or to forettos~ it. or fo ~'sfaa+ ib a to M~w'a
,::,yment ot sny daims nereun3er, said MORTGAG:c ahaH apply to the Co~::~ hj~h,3 ~ur,~du~lo.~ ~hereof for the appoauw~e~t of ~ Receiver, wcl~ Co~t s1~i1
~~~h.vith appoint a receiver of said mo:tga~ed property aP and singuia?, incE.~d•r.g a:1 and s;nqu+ar the income, prof~~s, isa~+~s and ~evuw+es f?om whateve~-
,~..•ce derived, each and every oi wh~ch, ~t be~rg rxp+essEy vr~der:+ood, is hxreby mer~yaged as +f specifiuU~r set fpth end descrbed in the 9*aro'vg aed
r: ~~er:dum dauses hereof, and such Receiver shati ha+~ alt she b~oad and ei~xnYe FUnGt.Dni and powers in anyw~se ent*us~ed bY a Cowt b a Reoe~"a• a~d
s, ch appointmeM ~hall be made by such Cou~t as an adm;tted eqv~ty and a matter of a~so~ute rigAt fo said MORTGAGEE, x+d ~ri1lael ~efetrnot 10 1he
ac+..:.q;,~acy or i~adequaty ot the value of the prope~ty mongaged w to the so:venq or :nsoivency o( said NIORTGAfaOR a the defe++dants. and th~f sucf~
.•~~s, proiits, encome, issues and reven:res shal{ be appl~rd by sucn Receiver ac:ord~~.g w the lien w equ+ty of said MORTGAGEE a~ the pradite of seKh
Cour4. -
B. To du1y, prompt;y and fvlly pe~form, fiiseharge, execuse, efiect, complate, compfy w~+h ar?d a6;de by each and averr the stipulations. ap?ea+w~s,.
::•adrtions and covenams in u~d promisswy note and tn~s mortgagz set fort(n.
9. That in tfie event the ownxrsfi~p of the mortgaged premises, w any ptrt timreof, cecomes s-esled in s petso~ other tfian the MORTGAGOR, N+!
::`RTGAGEE, its svccessors and assigns, may, withwt notice so the MORiGAOR, deal w.~h s~ch successor w wcceisor in interest witi~ refereote b this
.~~gage ard the debt hereby setured in rhe aame manner as w~th Mbrrgagor witFw~vt in a~y way viUating p d~schargiog the Mortgago+s' li~bi{i1Y i~e~r
~ u=r or upon tFro dzbt hereby szcured. Tio :a`e of the Frem~sea hcreby mortgage~ and no fwbearance on the part of ~he MORiGAGEE p its suocessors
c~ ass~gns and no exte~s~on of the ~ime for ~he payment of the debt hereby srcured given by the~MORTGAGEE or its wccessors w assym. shsD operab ;
~ re ease, d~scharge, rr.ocllfy change or affest the crig~nal (iab~i;ty of rhe MARIGAGl7R herein, either in whob a in pa?t-
10. it is spec~fica~ly rgreed that time is of the Pssence of this cor:ttacf and that no watver of sny obl'gation here~w~der or o# the oWig~tion ss- (
c;red h.:reby shall at a~y time thereatter be held to ~e a wai:er of the terms I~ereof or oi the instrument sewred herby. f
11. I~ addn~o~ to the forego:~~9 rnonth!y p~iments of prir,: pa' ard imeress requ;:ed by the promissory note secured hereb~. inortgagot eovenanb t
,-d agrees ro aay ro mo:tg~gee with each mon,hiy payrner.t an add:donai s_m es:in,ated 'oy mortgagee to be equa! to 1 j 12 of tfie an~wal cost of tfie folbw-
A-Att real property taxas levied or assessed agai•,st the above desc*~ocd reai estate.
B-Prrmiu;m on fire and winduorm :nsurar.c¢ as he~ein req~:red to be carried on the irr~rovemeits situate oo the above dew~ed premise~
C-Premi~ms on such mo+tgage guarenty ir.wrar<e as mortgtgee shail ~rom r;me to time deem fA to carty on tt~e ban setured hueby.
Mortga~ee ShaSl from time to time notify mo•tgagor ~r writing oi tkm amount due and payabk hetevnde~ and wcfi svm shal! tfierevpon be due ard
-v.ab~e on the due date oi the next month!y paymEnt arK! each succezsive montfi thereaiter ur.tit mortgagee shall notify rtwrtgx~w of s cfwge in wd~
~ ,•.ovnt. SucR sums sha:? be.appt+ed by mortgagee sotia:d ~he paymeni o~'resl pro~~taxes, irntxance p~em:wres, and mortg~ge guaranlr in~xu~oe
j . E.;:iums.
~ IN iNE55 WHEREQf, the seid ORTGAGOR hereunTO set his hand and seal the day and first aforesaid. -
~ Si Sealed an d re ~ he presen .
~ - - - Ci17~~ , C~tllt
• ROCE~ `OITMi ~ ~ ' ~
~ ' ' ~ CLERK C:'~LW= QaUaT _ ~
~ ac~nea v:P': :ED O~ LY Q ~ ~s..4
~ ' 3~6 ~N ~~1~ Wilson Callaway, her husband
~"~TE QF FLORIDA ~ ~7 ~p~C~
St . Lucie 1G~7~JS
. ~U~J'fY OP ' .
eefwe me personaliy appeared ~gnes L. Ca l laway, a u~a rried adt~lt ~
t0 QQ well known and krwwn b ene b be
,-e individual~ dewibed in and who execWed the foregoing instrument, and ackrawledged before me that ~ aceouled the saene io? tht purpo~es
rh?rein lXp1lSSef~. }11R~'}~1CSB1t~- ~ . ~
"'.•7Y~E Of t~ S~~ ~ _ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~~~1~ f
~a~,+rrotiar bT me ta~en-separete and~aparTfrt~t+f'tier ~aCd'hl,i~SbeR~ 3dCRbwl~tjedfa ~~d6eTore me ti»1'siwre~ewte~sa7diisaumersfeleFrsil~ofwr :
w ~:/-and Mri~lw~?t-aAp ~~,Ir.ow.-censtia;r~,"'sPPrefiensia*; vr iesr-of ~e- frarrher safdiiosbs~~d - - ~
=-~c-~:`:?-=; ~
WITNESS my hand and off~c~al scal this 25th day of October r.ii ~"~i'~- ~
:'~'"'lY _ j ~
~ _ ' ' `~r
No1ary Publit in and iw the St ^
~ SiATEOFFIORIDA My tommittion_expires: ~~j
j0 - 3c '7~ ~ . " =
St Lucie -
couNn oF ~ ~Qi`.i`,~
Before me personally appesred ?J1150I1 Callawa he~r husband r''~ '
r~ -•y:. t, arw! acknow ed before~ F~ r. { =
tne individwl desaibed in and who exetuted tM~ ~ ~S -l.~
'*..!'t~~~111171:111e~~ ' .e- .._~Ii'. i' -r.
rhereio ez essed. 7R1ikf~C . . .
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~}~g~I~(7~C~]pr1C71~1~f9Q)P]Wt~ ;
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WfTNESS my iand and offici~l M.i rht October 30 0..19 7'4
:his instrument preparecl by. i~z~'!~''.° F~j,~od ~ ~
. '
F i rst Federal Savings an~ `LtSoe~tp(j~ ~ ~K ,,,d t« ,he s~, of t..~.
~ ssociation of Fort Pierqg ~ - • Mr ~ •,w;~~
,w0:.~:~"~'~~ ~
:r'- . ~y
, Retum Ta. ` ^.~y~'~;. O R ~ ~a ~ ~ ! ~
,x Fint Fe~eral Savinps 3 loan Association .~!r• ~~Ci.Zf t , py~~
Of Fort P:erce. . ~~//Iti~~." r ~ BQ~KF~ ~hVL _
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