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To plan ~~d con~irwou~ty kNp on ~he bu~:dinys now a he~ea(ta ~~rwt~ on ~a~d iand ~nd on ail equipment u+d pt?wnally cov~red by thi~ matp~ Y. ~
ap~, wi~h ail prsmiums ~he~eon p+~d in fu14 fire insurance in ~h~ usual itand~rd policy fo~m, in •~um app~ov~d by tM MORTGAGEE. a~d w~nds+um ~
lnswann in ~iN ww1 s~u~da.d pot~cy fam. d+ ~ sum ~pproved by tM MORTGAGEE. In wch companY w ca^Wnies u th~ MORTGAGEE e+aY
dintt~ and all (i~~ and w~nd~twm insurae~d politie~ on any of aid bvildinqs, ~ny lnl~re.t tha~in w part tMreof, in Ih~ apy~ey~~~ ~~m ~fa~said ot ~
In ~xass Ihereof, sMtl confain fM vwal ~t~r+dard rtwr~ya~ clavs~ a such o~Mr cl~we u tM Matpa~K ^++~11 b~"••om+k ~+u ined and delrva ed ro ,
ciN, tach u~d evsry. p+Yabl~ ro seid MORTGAGEE at its in~crest maY ~ppta~, u~d e~ch +Rd wery ~uch po ~cY P~ P Y 9 ~
any M!d by s~id MGIRTGAGEE a~ iuriher ~~curity to said mort~a9~ d~bt, and, not bss than ~ee (~O~.d~ri b? +dvanc~ of tM •xp~r~tioo ot e+ch policy, to dr
liwr ro iaid MORTGAGEE • ~~new+l thersof. top~~F?a with a ~ecapt fw the p~mium of wch r~~rw~lj and tMr~ ihall b~ no fire a winds~am inw~anc~ t
plaud on ~ny of said buildir?ps. ~ny intereat the~ti~ or part thereof. ~~leu in ~M fam and with tM loss paYabl~ as ~(atiaids and in 1M ~v~~t any sun+
of money becpnes paYable unde~ wch policY « Polici~s uid 1NORTtaAGEE ahalf haw +}w op~ia+ to rsceive and appty ths s+rt+e o~ +sca+nt of ths indebted~
Mst iecu~~d hereby q b permit said MQRTGAGORS to ~eteivt and us~ it w any pa?f thereol fa o~ner purposei, w~~hout thereb~ wai~~~g a anPdir• .
Inp anY equity, li~n w righl vnde~ or by vi~tw of Ihif moztpag~: and in tF+~ even~ s+id MORTGAGORS ~hall fa sny ~eawn f~il to kesp the s+id Prert?i+rs w
tnwred, or fail b d~liver prompNy ~ny of said policies ot i~sur~r~ to a~d MORTGAGEE, w fail promptly to pay futly any premium the~efw aKe and
rNpect fail to p~rfo~m, diuMrge, tzetute, tffecl, comptero, con~~y w~~h a+~d ab~ds bY tFus tort^a^t, w ~^y p+~~ ~+~d ~RTGAGEE m+y p
paY fo~ auch iruuranc~ or u,y part tMreof without waivinq or aff~ctinp ~nY op~ion. Wii
~~ir:. f.ome tlw d~i~ trhsraoffunYJ pa'+dt a
M ~~etot ;
hrll amouM oi exn and ewry suci+ peymen~ ,iw~: iw :.ir:w...a:~+y u'~s ~:=s,.4.. d.. - -
ron~ per centum pa annum and together with such interest shall be secu~ed by 11+~ li~n of thit mwty+9e.
To permif, oommit a suffa~ no wa~t~. impairment or deter'a?ation of iaid prope~tlr or s~y P~1 the*eof.
S. To pay all snd sinpulu the coits, cha?ye~ u+d exp~nses, incl~cling a ressorubl~ ~ttwney's fee and cosls of abst~xts of titt~, i~curred o~ paid at
awy ~in+e by said MORTGAGEE, b~cavse or in ths event of ti+s failwe oe+ tF?~ part of the said MORTGAGOR M d~+ly. promp~ly and fully perfwm, dischargs,
•xecute. eftect, complete, comply with and ab:de by each and every the sti~wist~or?s.. sgreemenh, cv~il~riau, srK! cavansn:s of seid p~o~+~ssory ~ote and thu
mortgage ~ny w eitha. and fa~d eosts, clurpe~ and expenses. each a~d every, sh~ll b~ tmmediately dua ~nd payabN: whether or not tF?e.e be notice de
mMd, anempl ro collecl w wit p~ndiny; ~nd th~ fvlt amount of sach and every such PaYment shall b~a? im~reat from ths dste tM~eof u~til p~id at th~
rate of nine psr centum per aru~um; and all ~aid coats, charyes ~nd exper+us i~cwred ot paid, toge~her with wch inleresl, shell b~ secured by tht lien of tha
maW+~s.
6. That i+) ~n the ew~?t of any breach of tl?is Mortgsge or default on the p+rt of the MORTGAGOR, a(b) i~ ~M eveM +^Y of sa~d iums of mw~ey
hs?ei~ refared to bs nw prompthr and fully p~id wi~hin th~~ty (30) days next afte~ ~l+e sams aevaalty bec«n~ dus ~nd p~yabt~. wi~hout dem+nd w nofice.
of (d in the evero each and every the itipulatto.u, a9reements. cond~t~a+s snd coven~~ts ot sa;d promiuory note and ~h~s mutys~e any w either sro no~
~uty, promPtly snd fully perfwmed, d:xharged, execu~ed. ~ffected, completed. canplied with and abided by, then in ei~her-or ~ny such ~veM the said ag
yregat~ sum mentioned ie taid pron+issory note then remaini~g unpaid, with intere,s~ acuued. and all moneys secured hereby. sMll become due and p~y-
~blt forthwith, a thereaite?, at 1he option of said MORTGAGEE, as fvlly and completely as if ~II of ~Fx said wms of monsy wen w~ginally ~tipulated `
ro be p1~~d on such day, anything in iaid promiuory note or i~ this Mortyage ro Ihe contrsry notwithstandi~p; and tixroupon a thereafter N the op~ion of • i
ssid MORTGAGEE, without ~otice w demsnd, suit at law or in ~qvity, therefwe or thereafte~ begun, m~y be (xosecu~ed as if a(1 moneys secu~ed hHeby ~
had matuted prwr to its institutiw~. ~
7. That in the event tnaf ine inn~~ vi u. •i e.: :::r.a s~t! :'r^^ !w^'t~,~nw, « to fwecloss it, or to refpm it, w to e~force ~
a.9 ~9 s 'r•:.....y i
paymenf of any daims he~eunde?, uid MORTGAGEE shall apply to tlx Court having lurisd~ctiw+ thereof iw ihe appantment of ~ Reteiver, wch Covrt sha~l
fwthwi~h sppoiM a receiver of said rtwrtgaged property all and sirgular, inctud+ng atl ar~d aingvlar the ii?come, p+ofits. issues ++~d revenues from whatever 1
wures derived, each and every of which, it beinp eapressly understood, is 1+creby mortga9ed u if specifiully sN forth snd desuibed in the yrsnting and i
hsbendum clavses he~eof, snd such Receiver slwll F+ave all the kxoad and effective functwns and powers in anywise entrusted by a Cou?t to a Receiver, snd
wch appointment shall be made by such Court u ~n sdmitted equity and a matter of absolute rght ro aid MORTGAGEE, and without relerence to the
"sdequacy or inadequap of the value of the property mortgayed or ro the so?ve~cy w insu~ve^cY ef said MORTGAGOR w the defendann, and that such
r~e_n•n-~, profits, income, issves and revenues stutl be applied bY such Receiver attwdin9 fo the liee~ w equity of said NIORTGAGEE ux! the p~actice of such ;
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8. To du}y, promPtly snd futly perform, d'ixharye. execute, effect, complete. comply wilh ~nd abide by each and every the stipulatiau, ag~eenxnts.
conditions and covenants in uid prom~ssory note and this mortgage set fwth. ~
9. Thst in the event the ownership of 1he mortga~ed prem~ses, or any parl thereof, betomes vssted in a person other than the N10R7GAGOR, the ~
MORTGAGfE, its succeuws and auigns, may, without no~ice to the MORTGAOR, de+l with such svcceua or uxcessor in iMerest with refercnce to this
mortgage and the debt hereby secured in the ssme manner is with Mortgagw without in any way vitiating or d~schargir?g the Mortflagors' (iability here-
under ot upon the deb? hereby secured• No ssle of ths premixs hereby' mortgaged +nd ~o-to+b~arance on the par~ of the MORTGAGEE w its svtcessws
w auig~n and no exrens~on of the time iw the payment of the debt hereby secured given by the N10RTGAGEE o. its succesaon or ass~9~s, sha~l operate
- c_~.:c... .,s 4nYTRAGAQ F~erein. eithar in whole or in put.
to niease. tiucnarye, nw~iiiy u~+..ye u~ o~~.:.. ...c ..::-yu:.:. .
10. It is specifically agreed th+t time a of the essence of thia contract and thal no wsiver of ~ny obliysfion hereu~der a of fhe obligation ~e-
cvred hereby shal{ a~ sny time thereafta be held to be a w~iver of the te~ms hereol o? of the imtrumeM iecured.herby.
11. In add~tion to the forego:ng ma+thly payments of princ'pal snd interest required by the promisw?Y ~o~e sec~~ed he~eby, mortgagor cqvenants
and sqrees to pay to mcrtgagee with each morohly yrne dd~rional sum esGmated by mortgagee to be equal to 1/12 of the anoual cost oi Ihe follow-
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A-All rcal property taxes levied or assessed against the above described real estate. • ~
B-Prem;ums on fire and windstorm iruurance as herei~ requ~red to be carried on the improvemenri siwate on the above described premises.
C-Premiums on wch rtwrtgage gwranty i~w?ance as mortgagee sha0 6om time ro time deem fit to carry a+ the losn secured hereby. s
Mortgagee shail from t~me to tirrK naify mortgagor in writing of the s~ouM due and payabb hereunder and s~ch sum shall thereupon be dve and e
psyable on the due datc of ~he nexr monthly payment and each succeuive month thereafter until mortg+gee shal) notify mwtgagor of s change i~ such ~
amovM. Such sums shall be applied by mortgsgee toward the payment of real property faxes, inwrance prem.ums, snd mor ge guazanty insurance ~
premiums.
IN WITNESS WHEREOf, the said MORTGAGOR has herev~to set his Fwnd and seal the day a ar firsf sfor ~ ~
Si~ned, $ealed and delivered in the presente of:
I
•n ~
. s~.~
~a~
STA E Of FLORIDA ~
St. Lucie
courm oF
Befwe ms persooslly ~ppeared ThOmas D. Green~ray, Jr. .~a ~
Sheila D. GreenNay his wife, to me well known and known ro me ro be i
the individusts described in snd who executed -the foregoing instr and acknowledged befwe me tt~at they executed the sams for ths purposes ~
ex~,~,~a. a,a She~~la D. Greenway
vr~ie of tM w~d Tho~as D. Greenway. .~1. _ upon • sepa.ate aod privat~
exam~nation by me taken seParate and apart from her said Fwsband, atkrwwledged to and be(ore m~ tiwt she executed sa~d instrumeM freeiy and volvn~
ta~ily and withoui any compulsion, constraint, apprehenyi0yk qr-lfeu of w from her sa'~d
~ r " 4
WITNESS my h.arid and official seal this ~~1 `l~• dsy of D. 1~
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Not ublit in and for Sl~t '
~EQ ?h ~ f~E4~R~~D ~ _ ~ { ,
My Commission expir - ~ ~ ~ (
Rerwn To: WCIf COUM Y A• 4 ' ~
fcU~En ~O~iitRS s~~
• ~ '~-;yt;~c~ .
First Federal Savingi b loan Auoc~atron CiERK CI :vUiT COU~1T ~~-rov r~•~,rr_.,~j~lj~6~F~K~ I~~' 2:~;, ~
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Of Fort Pierce. Rf!;ORn YgIt1) ~E~~--- .u:J -~R~'i IA . '
Fwt Pierce, florida ~ n:iizt ~f '~y "
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This Instrument Prepared By RiChard K. Kayes S~ ~~'`~i,,~~s S'~~~~~".•~~ ^
First Federal Savings 8 Loan Association ~`r~'~~~ ~1 1
fort Pierce , Flotid~? - 1 ~
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