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To plaa and continuou~ly kNp o~ fM buildi~?ps now a M.~afta ulwq on said I~nd and oe~ ~II puiprnnt ~nd p~nonally covaed by tNs mon~
p~, wi~h ~II pr~miums ~h~reon p+~d in fuli, fir~ Guur~nc~ in ~h~ usval sfardard po!ky fwm, i~+ a wm approv~d by th~ MORiGAGEE. and wi,+dt~wm
iruwanc~ in tM wwl ~r~e,dud pol~cY ta~+, tn • sum ~pprowd by tM MOR~W?GEE, 1n wch comp~nY w comW^iy q ~M 1YW~TGAGEE i+~+Y
dintlt ~nd ~11 iir~ ~nd wi~dsrorm i~ur~e~p policies on u+y of ~aid bul~d~nps. u+y te~f~r~~t thH~in a pan therwf. in IFw apqreyaN wm ~fw~uid ot
In ~xo~ss ther~of. sh+ll con~~ln ~he uwal sur+dxd matys~N clws~ a such ahw cl~uw ~s tM Ma~pa~ n?ay rpuir~. makinp tM Iws ~ndN N~d Pol}
ci~s. ~ath and ~wry. P+Yabi~ ~o said MORTGAGEE ia iot~rest may ~pp~a?. a~d eatl~ u+d ~ray suth policy ~MII b~ p~«nPNy ~ss:yned and dtiivtred to
any h~id by aid MORiGAGEE as fwtha s~curity to s~id mortp~p~. debt, a~+d. no1 Itu than t~n (10) d~ri ~~dv~nce of 1M ~xpiralioa of ~ach po~tctl. to dk
flwr ro said MORTGAGEE • ~~wal tMrwf. ap~thu w&h ~ r~n+pt fw tM pr~miwn of such r~eew~l~ and ~hK~ ~MII b~ no f~r~ a winditam inwru+c~ ~
pl~pd on any of said buiWinps, aoy inta„1 thw~io w part tF~wi. vnl~ss in tM fwm and with tM loss paY+bte ~for~s+id~ u~d in tFN ev~nt ~ny sum ;
of nwn.y becom.a p.ya61• u~d~r wd~ policy or po~aies uid MORTGAGEE ~I+all Mw iM op~1a+ ro?Kfiv~ ~lld +pply t1+~ sam~ on +cca+nt ol tM indebred ~
rws acund h~reby ot 1o'p~?mit uid MORTGAGORS to rettive and u~ tf p~ny pert tFxreol fw other purposes, withwt there6~ waivi~cq or ~mpair- :
inp any puiry. li~n a ripht ue~r w by vktw of tF?is mortpap~t and in tM ~w~t s~id MORTGAGORS ~h+ll fw ~ny ~eawn fail to keep tM s~id pr~mises w,. ~
inwr~d, or faU to d~iiva promptly a~y of saW polities of inwrana to s~W MORTGAGEE, o/ fail pranptly to pay fulfy u~y premium thsrofo~ a in any F
~ap~c1 fai) b pM(orm, discMr~, ~xecuN. ~ff~et. compbte. comply wi~h and abid~ by thb eow~ant, w any p+rt lwrwf. said MORTGAGEE may pl~ce ~nd • ;
p+Y fa wd~ imwanc~ w a~y part tMrwf without waivtnp o~ ~ffectinp any oplion, (ien, ~quity. a ripht ue~der a by vutw of thi~ Mortpap~. +nd tht y ~
full amovm of ~ach a+d ewry such p+rment ~h+ll b~ inrnediatsly dw ~~+d payabb and shatl b~u i~+ter~st from th~ da~~ ~h~rsof until paid ~t ~he rat~ of
nin~ p~r cw?twn vM ~nrwm sod toQc~her with wch interes~ sh+ll b~ ~ecw~d by ~M IiM of this n+ortpapa .
1. To ptrmit, oon+inh or wffa no wu». imp~'ument or d~taioration of said prop~rty a ~ny pan tMrwf. ~
S. To pay al! ud sinpul~? 1M coab, cA~rpes a~+d e:pe.~se~, inciudirq a ~easonabl~ ~norney's fes u~d costs of ~batracts of tift~. incuned w p+id ~t .
any time by ~aid MORTGAGEE. bcsuie or in the tvMt of tM failwe a+ tF~ p~~t of ~M said MORTGAGOR w duly. promptly ~nd fvlly p~rtoren, d~xha.yR .
execut~, ~HacL oomplets. comply with uid sbid~ by each and wery the stip~lations, aproements, ca~ditiau, ~nd aovtnaMS of sald promissory noN u~d ~hit
monqap~ ary a~ithw. ~od said cwn. cMr9es a~d eaperws, each and ~very. tMll bt imm~di~tely dw ~nd payabl~t whe?F~ a o01 the?e b~ notice de
m~nd, Ntaopt to oolkct w wit p~nd~np~ a+~d tM f~ll ~rtwwd of each u+d wery wch p~yma+t ah~ll bw inten~t from 1M d~t~ tF»reof uMil paid ~1 ths
rate of nuw p~? c~ntum per ~m.um; and aU said oosts. chuy~t and expeos~i intwred or paid. lopether with suth intK~st, ahall b~ s~cured by the li~n of thia ~
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b. Th+t W in tM w~nt of ~ny breach of fhis Mwtp~ or defiult on tFr pa~t of ths MORTGAGOR, or (b) in th~ went any of s~td sums of moo*Y
herein refcrr~d 1o b~ not promptly ~nd fully paid within th'nty (90) daYi next after tM sam~ seve~alty becan~ dw and pay~Ste. witho~t d~mand o? notice,
or (rJ in /hs eveM each u+d wery the itipvlatian, agraeme~ts, conditaro and covenanb of said promiuory note and th~s mortpaye any or either ar~ no1
~rly. promplly snd fully pKformad, discharped. ezecuted, effMed, compkted. cweplied with and ~bided ~r, tMn in eitF~et or any such wtM tM sa~d a¢
pre9at~ sum ~nentionad ln said promissory ~ot~ then remainirg unpaid, with interest acuued. ~nd all moneyt secvred Mreby. shel) becom~ dw and paY-
able forthwith, w tfiereaher, at the option of said MORTGAGEE: u fully ud completely as if of the iaid wms of money wer~ aginally atipuiated
to be p~id oe.sucA daY. anythinp in said p~omiaswy note or in thb Mat~ayc to ihe contr~ry notwithstandinp~ ard therevpon w ther~afh? at tM option of ~
said MORTGAGEE, witlw~t noteu w demand, wit at I~w w in equity, therelore or thereafter bcyvn, may be ptosetWed u if all moneys setwad haeby
had m~twed ptiw to ib ir?stitution. ~ ~
7. That in the event that at tM beginning of or ~t `ny time pending any suit ~pon this Matgage, or to fw~close it, or to roform i~, a to enfores
payment of ~r~y claims herevnde~, uid MORTGAGEE shall apply to tha Coun havirg jwisdKtwn thereof fw ~he appointment of • RKNVlf• wch Cowt shsll
forthwith appoint a receivsr of said mwtg~yed propsrty afl and sing~lar, intlvdu+g all snd sing~lu 1he income, profits, issues and revenves from whatsve~
source derived. each u+d every of wh;ch, it bei~p expreasly underitood. is hercby mortgaged u if spatifiully wt tath and described in the y~~nting and
habend~m d~uses hereof, and such Receiver sl?~II Mve ~II the broad a~d cffective fwxt~ons and powsn in anywise entrwted bp a Court to s Receiver, and
iuch appointmcnt shall be mad~ by wch Court u an admitted eq~ity and ~ m+ttp of absolute r'ght ro w~d MORiGAGEE, and without referente to the
edequxy o~ in~dequacy of the wlue of the property mort9ayed or to the so~vency w inwlvency of said MORTGAGOR or the d~fer,dann, and that such i
renrs,. profin, incans, iuues ~r.d revenws shsll be applied by such Receiver accwd'u?y to the lien or epuiry of said MOR1GAGfE and the pndice of wcb
CouA. . . _
8. To dufy, promptly and fully paform, dnchar~e, execute, effect, oomplete, comply with sod ~bids by eath snd evNy the stipvlations, agreemenb,
conditiora and covensnb in said promissory oota and this mwt9~ge wt fath.
9. That in the evem the ownership of the mortgsped premises, or any put thereof, becanes wsted io • penon othei th~n the MORTGAGOR, tM
MORTGAGEE, its successo~s and suipns, may, whhout notice to the MORIGAOR. dea~ with wch suctesto~ w wcceuw in intereit with reference to this
morty~ge ~nd the debt hereby setured in the sama manner u with Al~wtgagw without in any way vilialinp w dixhuying fhe Mottysgors' li~bility hera
under or ~pon the debt F~ereby secvred. No wk of the premiaes. hereby mortq+~ed +nd no iwbearance on the put of the AAORTGAGEE or ib succ~swn
or auigru a~+d no extension of the time fw the payment of the debt hereby secured yiven by fhe NIORTGAGEE w its succeuors a assigro, sh~ll operate
to rakas~, discharye, modify char~e a affed ths wigina! tiability of the MURTGAGOR herein, either in whole o? in put.
10. It is specifically agreed that time is of the euence of this contretl and tF»t no w~iva? of ~ny obligstwn hare~~der or of the obl'gation se-
cured F~ereby sh~ll at any time tlxreafter be held to be a waiver of the terms hereof or of the instrurt+ent sewred he+by.
11. In add;t'wn to the forego:ng monthly payments of princ:pal and interest required by tF~e promiuory note secured F~ereby, matgagor covenants
and agrees to pay to mortgagee with each monthly payment an•add~~ional sum est~mated by mongagee to be eqwl to 1/12 of the annual cost of the follow-
in9o '
A-All real properry taxes kvicd a assessed agai~s~ the above desvibed real estate. -
B-Premiums on fire and windstorm insurante as hereen requ~red to be carried on the improvements s~tuate On the sbove desuibed prcmises.
' C-Premivms on wch mortgage guaranty insurar~ce as mortgpgee.shall from tune ro time deem fit to prry on the loso sec~red hereby.
Mort9agee shall from time to time rai;fy mortgagor in writing of ths amount d~e arn! p~yable herevnder ~nd such sum sfiall thereupon be due ard
FaYable on the due date of the next monthly payme~t and each successive month thereaNer until mwtg~gee shall notify mortgagor of a chinQe in such
amounf. Such wms sha11 be applied by morigagee loward the payme++t of real property fazes, insurance p~em:ums, and mortgsge guatanty inwrance
j premiums.
~ IN WITNESS WHEREOF, the said MORTGAGOR hss leereunto set his Iwnd snd seal the day and y fint ~faesaid.
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.~qned. Sealed ,nd ed in the prasw+ce of:
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STATE OF fLORiDA ~ ' ?
~ St . Luci e ~
courmr oF
eefore me personally ~ppea~ed L~?wrence ~ RurnS a~a
Ca ro 1 R_ gu rn c his wife, to me well kvawn ~nd known to ms to bs
~he individusb described in and who executed the foreyoirg instrument, and acknowlsd9ed befw~ rt?~ th+t t1~ey exacvted tF+e same for the purposes
the~ein expressed. And the said Carol gllr?IS -
W;fe ,f ,h, „id Lawrence ~ Surns _ _ ~pon . upa..ro .~a P.~y.t•
examiasYwn by me taken scparate and apart from her said husband, aduwwledged to and befort m~ that sM executed said imtrument fretly uK! vol~ir
rarily and withovt u~y compu{sion, constraint, ~pprehension, o? fear of w from twr said husband. . -
WIiNE55 my hsnd a~d officisl ~i rt,~- 6th d,Y ,f . - November ~s. ~9~4.
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~ i1LE0 Ah0 ~°~~~~E~ ~ ,~•'~,'L~~ G1L•' ~ .
s~~ ST. WGIC COUN Y L• t~otsry Pubtic in .nd for tFro
aiE ~.plbi'~ +rC
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RC3CK ?~3'sIRAs My eommasae .npireu ~ ~ ~ .
Retu.n Ta C~~R~( ~,;t2~~1T CdURT NOTARY PUBLIC~~~
o}~o?~~{'~~ +
Fint Fedewl Savings b loan Association P.EC6R0 YE`~'fl D~'~ IrlyComrr~issioq qt gs _ ~~'r-
Of fort Pierce. Bood~d bX ~UTO ~~IS~ N=
Fort Pierce, flwida IZ 0z PM'~~ ~:~1Q~;
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1~r9~#967 ='y ~-~:».Mr' ,r~ ~
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- ~ dll~{ttltitt~?M~_ _
This Instrument Prepared By Ric':ard K. Kayes _ .
First Federal Savings ~ Loan Association , ~ ~ ~ . •
of Fort Pie~ce, Florida ~ -
Checked By ~ ~
~0~2~~ ~1553
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