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3. To plaa and ca?tirwously kaep on tM buildirpa now or hereahu siw+e~ on said tand and a+ all equipmen~ and persawlly cora~d bY ~hi~ ma~~
ag~, with ali pemiweN thsreon pa~d 1n f~l1, iir~ inswanct tFx wual standa~d po1~tY fe~r~. in a swin approwd by ~iu MORiGAGEE. ~nd windttam
insura~a in tM uswl irandud pol~ctr iorn4 ~ ~~+DP~a~ by TM klOttTGAGEE. . in wd~ canW^Y a~a^W^i~s a el+~ MORIGAGEE rn~Y
d~rat~ ax! ali tin ~nd w~?orn? i+?~w~ncs poi:ues on ~~y of sa~d bwld.nps. anY w~h+~sf tMr~:n w put thKwf, in tM pq~pa~~ awn aia~id w ~
in exc~ Ihereof, ihsli cont~in tFw uw+t standard mat9s~e daus~ a such otha d+us~ p tM Mwro+B~ r^+y rpvo~. ma~inp tM bu u~+der sa~d poli~ ,'.1
cies, each and every, payabte to said MORTGACsEE as ~n interesl may spp~x. +~d rlch +nd ~va~y ~~M' p°~~~1' s~~ ~ PfO^'Prh us.gned and dtlivered ~o
any !?eW by isid MORTGAGFE a fwt~ sewrity ro said mortyaye dnbt, and. not I~ss ~i+~ ten (10) d~YS in sdvance of ~he ~apirat~a+ o~ eaci~ policy, to d~- '
t~ve~ lo ~id MORTGAGEE a renewal thertof, tostther with ~.au~ for IF?e pr«+w~+n of [~+cb ~eMwal: a"d ti+ei~ shsA be ^o fke w windstam inswai+c~
plscsd on any of s~id buildin~~, soy intasst d~e~n or par~ the~eoi, un?ess in iM iam a~d witl~ ~h~ toss paYabk ai aloresacd: and 1n the ~~ent any wm
of mw~ty becomes paYab~e unde~ wch policY e? PelK~es sa~d ARORTGAGff shaU haw ~ aWwn 10 ~sce:w a~d ~pph tM same on acoou~~ ot the indabted~ a.~ ,
neu setursd M~eby a ro pe~rt:if s+id MORiGAGOftS ro reteiv0 ud ~ H or a~y pa~t the:eoi lor other purposes. withour thrreb/ waivi~ig or ~mprir ~
ing sny eq~~ty, li~n o~ ri~ht ue+der a by v~rtw of this mat~aye; and in ?M evenf sa~d MORTGAGORS sMll fa any ~eason fail w keep the said premises so .
insured. or f~il w d~liver pranptly any of s~id polaciss of i~uuranc~ ro ssid JNOR?GAGEE, a fail pronK?tly to pay fu11y sny premium tAerefo? or k? ~ny
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resPxt f~ii w pe~TOrm, d~xiw~ge. ~xecufe. effect. compiefa. c~.p1y w~~ ar+d a~de bY this trnsnsnl, or aey p+?t lw~ol, sa;d MORTGAGEE may pixa and , ;
pay fa wch irouranc~ a sny part thereoi wnhout w+iving or affecting ~ny optio~, lien, eqwty, a rqhf unde~ a by virtw of tF+is Mw~9ap~. +r+d the i
tutl uaount of each and every such paye+e++t shall be imrt~edist~ly due and p~yaNe ar.d shaH bear in?e~est from ~M da~~ thercof w?tit paid at ths ra» o)
~,ne per ce~ruen pe~ annum and ~a,~efher wirh suci, inte~est shatl be securrd by the Iien of this mortya9e•
1. To permit, commit w suffat na xas:r, fmpairr.wt ot deterie?~.~wn of sa:d orope~tr o? +~1? V+N the~eof. E
S. To pay all and sin~ular the costs, chuyes ~nd e:penses.. inclvd~ig a reasonabN attornetrs fet a~d cosb of eb~t~scta of titb. incwred or paid
any time by ssid MORTGAG:E, becawe or in the event of the failwe on the psrt of ~M said MOR~GAGOR io duly, pomptly and fullY pe~lo~m. d~sch+ryR
execure. effect. oomplete. comply vrith and ab:de by each and every fhe stipvl~t.ons. apreuner?ts, cond~tiwa, and oovenan+s of s~id promissory note u+d this
mo~rgaya aoy a either, and sa~d cosn. clurges and expenses, each and we.y, shall 6e immedutely due ud paYabb: wF?ether a ~ot there kx notice ds
martd. a~re~np~ w colkc~ o? wit peid~ng: and tM full amoun~ oF each and e~cry wch psymenl shaq bsa~ intersst fran 11~ d~t~ thsraof vntif paid at tM
.are of ~irx per centum Fu sn~w:++; and al: sa~d costs, charges ar+d expenses incurrtd or pai~, togNhet wdh suth intetest, siWll be setured by the lisn of this
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6. Tl+a~ (a) in the event of airy breach of this Matgage w defwlt on the part of t+ee MORTGAGOR. w tb) in the event ~ny of ssid wms of nwnsr ~
herein r~ferr~d ~O be not promprly and fuUy paid within Ih+~ty (36) d+YS nex~ a`•ror ~he sa'*~e se`nra:ly become due snd paYable, v~rilhout dwMnd a notice,
or (r) in ths event esch and every the stipulatior+s, agreemcnn. conditions and covenants of sa:d aomiuory note u+d th~s ma.tp+9e +ny or either ar~ ~ol
i~ty, prompily and fufly perfo~med, d;scharged, executed,, eifected, co~npleted, co~+p:~ed wi~h and ab+ded 4y, then in e~ther a aay such event tla said s¢
gregate wm mcroioned in said promissaty rwte then remainirq .unpaid, with intereai accrued, ar+d ail moneys secured hereby, shall becon+t due ~nd p~Y
eb!e fwthwith, a thereafter, a~ tFa opt~on oi sald MORTGAGEE, u fuiiy ard compsetrly as if a~i of tF+e sa~d wms of money we+a w:g~nsltY st~pulatrd
ro be pa:d on such day, anythiny in u:d prom:sswy note w in this Morigage ~o the co.~rrary norwithsqnd~cg: and t{+ersupon or the~eahe~ at tM op~~an of
s.~~d MORTGAGEE, without noe~ce w derrand. su+t ar iaw or in equity, tfierefore o~ ~hereafrer begun, n+ay be prosecuted u if all moneys sewred hereby
nad matured p~~or to ifs institution. ~
7: That in ~he evenf ~hat at ~1~e begin~ ng of or at :ny f~me pend~ng anY s:,~t u,on +h~s 11M1wtgage, a ro faeclw~ it, or to nfwm it, w ro enforoe ~
payment of any daims hrreunder, said rIWRTGAGEE shatl aPplY to the Cou.~ havir.g tur~sdca~o.~ ~hereof lor the appoin~n+e~t of + Receiver, such Cwrt shsll }
f~r,hwi~h appoint a.eceivrr o4 said mortgagcd progerty aIi and singuiar, inclJd•ng a:i a~d s~:~yular t1+e income, profits, asu~ and reve~ues from whatsver
s~v~ce derived, euh and eve?y o1 wh~ct~, it ~eing expressly understcud, is ~:e~eoy mortgaged u if spet~f'~caily set (wth ard de~eribed in tla ~a^~inp and
t:abendum dause: he+eoF, and suth Rete~ver .hall have aN the o~oad a++d Effea~+e funct~ons dnd pOwH~ IM ~11yW~S! M1fVtftd by ~ Court fo a Reoeiver, and
s~ch appointmem ahall be made by wch Cowt as an admitted equity a~d a ma~te? of s5so7ute r:ghf to ssid AhORTGAGEE, snd withoul refer~nce tu the
adequacy or inadequacy of the value of the property mor~gayed br to the so:rency o~ msalveruy oi saed MOttGAGOR or .the delendann, and that such
«~~s, profi», income, issves and revenves shati be appl~ed by wch Rece+vcr accord.ng io the lien a eqvity of aaid MORTGAGEE and the practke of such
Court. '
8. To duly, promptiy and fully perfwm, dixharc~e, execute, effed, crxnplete, comply witE~ ~rx! abide by ~sct+ and we*Y !he stip~tations, sgreema~?ri,
cenditans and covenants in sa~d prwniaw*y note uul this ma~gage set fwth.
9. That in the evrnt the ownenhip of !he mortgaged prem~scs, ar.arty pa~t tiKreof, Eecomes vesled in • person otfip ths~ The MORTGAGOR. 1M
~:.~RTGAGEE, its successors and aufgns, may, w~t6out not:ce to rhe 1MORTGAOR deal w~th such successor or wccessw ~n interesl with reference to this
.ro.i9age and the debt hereby secu~ed in ehe same ma~ner as w;th Abrtgagm w~tFavt in any way vit~atirg or dixha~girg the Matgagori (iability here- (
unde: or upon the debt hereby set~red. No sale of the prem.ists hereby mw?gaged +++d no forbeua~te on the p+rt oF the MORTGAGEE o? ib sutcesson F
~r assi9ro and no cxtension of the timc far the payment of the debr hereby secured given by 1he 1NORiGAGEE or iq wttessws o: assigns, ah+~~ oper~le ~
io retease, d:xharge, mod~fy changr w affect the or~ginai tiab:i~ry oi rhe MORTGAGOR herar4 eithe? in wlwk w in parL ~
10. It q spec:fKally agreed that t~me is of the esu*xe of th~s contract and *hat no waiver o1 any ob:~gatqn hereunder w of ths obiigation ae-
cured hareby sha!! at any time thereafter be held to be a waiver of the terms heaeof or of the ir~strument secured herby.
11. In add.tio~ to the fwego:ng morthl~ paymenls of priM pal ~nd inrerest required by the promiuory rtote securad hereby, mortgagor tove~anh
a~d agrees to pay to mortgagee w~th each momhly payment an add+r~ons! wm est~mafed by mortyagee to be equal a 1 j 12 oi the annual cost of the follow-
in7:
y A-Ap rcal pro~ny taYes tef~_d or assessed ag3:~st th: aboye dex~~oed real estate.
6-P~emiwm o~ lire snd windstorm insu.dr.ce as he~ein ~equ~red to be carried on the imtxovemenls s~twte o~ tt~e a5ove desrn~bed Pra^ises.
C-Premiums o~ suth mortg~ge gua~anty ir.wrsnce as mo~tgagee shail frarr r ne to time deem fi1 to carry o~ the loan secured hereby.
k Nbrtgagee stiail from s~rne to time netify mortgagor in w*iting of the arr~unt due and payable hereunder and such wm shall thereu and
c. ~yab!e on the due tia?e of tF~e rxxt month:y payment and each successrve month thereafter -until mutgagee sha~~ no~ifp Fwr19a9a `
~ e-,ovnt. Such s~ms shail tx aPpiied 6y mcrtgagee w«ud the payi*+ent of rea{ p.o~xrty taaes. inswsixe p~eM:wr~s. ind mo~t9a~~
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IN WITNE55 ~HHER~OF, the sa~d IiRORiGAGOR has here~r,to set F~s hand and seai !he dar snd ye+r fust sfaesaid,t?~~~`a_ : ` i
~ r " -
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Signed. Seakd and deSiverr! in the presence of: 4• ~ +
/ ~ , / ,~i . ;
~,L. Rober t B. Ma r .
yritness• ~ ~ "
~ t..• ~
;.4. ~
, • _~rt . n - ~
wi tness • ' Y-. . ~
' O
5?AiE OF FtORiDA • ~~Mly :TAtE~~~'~~
, ~ h~/fliit~~H1 -
~~U`~TY OF ( .
Befwe me personalfy appeared RObe]Ct B. Maynard, a single adult
_ ~is~wif~ to me weN krawn and known to i~e to bs
+^e individwt dexribed in ar~d who executed the foregoing instrumem, and aclcnowiedc,~ed beforc me that he executed the same for th~ pvrpotes
tn~~ein expressed. AweY/hs
e~ser s~ sep.+b"+ai ~ir+w
,.;fe of the wid i
c~.,.rwn.tio. ~ai~a~?...p+t~al~aob +w~ Sra~ .6r~a+d busb~d. ~a.aod J~fer• w sFrs.~ a~sa+sed s~id.iDW WaFO;.~fii~Y s9d~.~lY~
~ fty~ wA! ~rAi+osl~ sn~ tsnpd.sion~ eowakw~ ~ aprsri~ew~ww..o~ is~t~f~ ir~w Jw iaid.l~wba~d~. i
WITNE55 my hand and officlal seal this day of p• ~9 74 ~
~ ~ •
~ Notary Pubtic in snd (or the State of Florids at LarQs ~
- My Canrtouion e~cpira: '
Return To: .
Firat federal Savi s 3 loan Assxiat;on ~~A~' '~~`~r f~`-~~~DA 4T tA~GE
"9 LIYCOblMt~SfCN EXPtitfS NOV. 1~, ifl5
Of Fort P~erce. ~~Nfri1 ^Et~Ea/It t,yiiJ?~WtE t3NDFR~YRttERS
iwf Pierce, Florida
FIlEO /~MD RECUROED ~
ST. ~t~GtE COUMYY F~A. '
This tnstrument Prepared By J. H. Roberts Jr. ROC~~ POiTa~S ~
CtERK C:RCUtT i
First Federal Savings b Loan Association RECORO VERIF~ED {
of Fort Pierce ~ Flor ide? 33450 ~
t~ 1l 9 0~ AM'7~1
Checked By ~
BOOK ~4 ~ac~ z~ ~96174
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