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~3. To place and conunuously keep on tix b~i.d~ngs now o~ hereafrer s~tuate on se~d land and on sli cq~~p+nenl a~d peraonally covr~ed by this mong~
e~s, w~th all premiums tiereon pa:d m ful1, fue ins~ronce ~r the .,wal st~n;i~rJ ~w;~cy form, in a s~m approwed by ~ha MOR~G:~GEE, and w+ndstorm
m~uroo<e in ths vsual s~arxlud pol•cy for~n, in a sum app~oved by ~he Mi7RiGAGEE, in sucA tompaoy or co:npaniet as the h10RiGAGEE may
d~~ec~; and a0 (ire at~d w~ndswim insuronce poiic~es on iny of sa~d buitd~.+gs, any inrerest th.;rein o~ parl tF;rreoS, in tha ayg~ogs~e wm sfo~easid a
in excess thrreof, shall co~tein the vw~l s:andard morigague cisuse o~. such orF~tr t~ause N tM bb~ly~gee msy requ~r~, maliny Iha ~oas under aa~d polN
urs, each end nvery, pay~b~e to sa~d A\ORTGAGfE ea ~IS i~~~c~.s~ may apprar, and coch and every wch po:~cy ehall be prornptly ass g~:rJ and drt~vered ~o
eny held by u~d A10RfGAGEE as fwther sccur:ty w said mortgege de~t, and, ~o~ tess ~han ~en (10) days i~ adrance ol the ea~~iration of each policy, ro da
t;~er ~o taid MORIGAGEE a renewol the~~of, togethe~ with a rete~pl for ~he premium oi such renewa~; and ~hrre shalt be no f'ee or windstonn insuronce
p;aced on any of sa~d buildings, a~y ~nterest thzrein w pa~? thereof, un'~ as i~ ih- form a7~d w~th t1u loss payable at alo~ese~d; and in the event any sum ~
of money kxcar.es paya5le under s~ch potiq or Fol~ciee sa~d 1AORiGAGEE shall have ~he op~~on ~o rcceive and apply tM same on accw,nl of ~he irxlabted~
ness secu~ed he~eby a ro per~iit aaid MORfGAGORS ro receive and use it or cny p.:rt rnr:~~of for oti~rr ~:u•; oscs, 1v~~hout ~h.r~ b; ,-:3~ving cr ~mpa~r- '
~ng a~y equ;ty, lien w right under or by virwe of this m.o:'gage; and in ~he evrn~ sa~d MORIGAGORS shatl fw any reason iail ro krep ~he sa~d prern:sef so
~nsu~ed, or fail to del.ver pranp~ly any of aa~d pol~cics of in~urance to said N.ORTGAGEE, or 1ai! piomptly to pay fu~ly any premiu~n therelo~ w in ~nY
~rspect (ail ro periorm, d~icharge, executc. eflec~, con,p;e~r, comply wirh and ao~do by ~h~s cove~ant, w any p.irt hrreof, said MORTGAGEE ~nay place a~d
for s~th iniur.~nce o~ any part thereof wrthuul waiv:ng or affetting any opnon, Gen, equ~ty, or rigM under or by virtue of 2his Mortgage, and tht
f„~I amount o( ea:h and eve~y wch paiment sho11 be ir-,rned~areiy due and payaCte and sh~ll bear inreresl from the date thcrcof u~ti! pa~d at the rate o~
~.e per cerstum per anrwn: o~id tog:•U;~r ~.,~~h such inrar~•~r shaii tw secu~ad 6y the I~aa of this mwtgage.
d. To ptrmif, tommit or suf(er no was~e, inzpairment or dctenoration of said ~ro~rty or aoy part thereof.
5. To pay all and singulsr the coats, charge~ and e~pe+zses, inciuding a reasonable alto~ney's Fee and costs of abatracts of title, iocu~red or paid at
t~me by sa~d htOR!GAGfE, kxcause or i~ ihe event of th~ fa~wre o,~ the part of ~he sa~d MORTGA(',pR lo d~iy, prompNy and futly pe~twm, d~scharge.
._cure, eEfett, canplete, comply wrth and ab.Je by ea:h and rvr~y the stipula~~ons, agree~nents, conditio~s, and covenants of said promissory note a+~d this
mo•tyege any or e~~her, and SJ:~ costs, chargcs and e¦penses, each and eve:y, shall :k im.mrdiatcly due and payable; whether or not there be notice do-
rnand, attempl to coltect w suit pend~ny; and the fuil e~noum of each and every such pay~nen~ s!wII bear interrst from the date thereof until pa~d af the
ni~ie per cen:~m ~er om~u.~,: ~~~c au s~~d c,~sn, :na:~~s a•~d cxpens~s :nc~rred or F~~d, together w~th such mterest, shalt be secured by the Gen of thii
n,orrgage.
b. That (a) in the event o4 any breach of this Atortgage or defa~lt on ~he parl c( the MORTGAGOR, or (b) in Ihe eveM any of sa;d svms of money
h.~re~n referrrd to be not p~ornptty ar,d luuy pa~d r::th~n thnty (30) days ~e,~r a~re+ ihe same srve~a:ly become due and payable, without demand or notice.
ar ~.c) in the event each ar•.d rvery ~he st~~v:a:lona, agrrements, co~d~t~ons and covenenn of sa.d promitsory note and th~s mortgage any or tithe? are nol
i:':, promprly and luily performed, d s:.+~arg~.d. e~ecuted. effected, co~nplE»d, CG~:f'.:fC~ w~th and ah~ded 5y, then in either or any such eveM the sa~d ag-
y-~:3a'e wm menrioz,ed in said pro+msio:y na~e tnen r<maining unpa~d, w~tn interr;t acu~rd, and atl moneys securtd hereby, shall become due and pay-
+c, forthwirh, or thereafter, at ~he opr~en sa~d td0~2iGAGEE, as fu~i•~ and com.N:ere!y as if a~l of tt,r sald suma of money were orginatly st~p~:ated
be pa:d on s~cfi d..~, a~yih~ng in sa d p~e n:sso~y note vr in ~his !.~ocryage to the :onrrary notw~fhstanding; a~d thereuport w Ihe~eaNer at the opsion of
,Y,ORiGAGEE, w~fi,out nJnce or er~na: ef, s,;+t at tav: cr in eauny, iherefore o~ thereat~er begun, may be prosewted as if all moneys secured hereby
~:d mat~red pnOr to as institutiun. ,
7. That in the eve~it th~t at rhe begin~;•iy of or at any tune t~~~~d~~~9 any su~t upon this Mortgage, w to forecbse if, or to reform i?, or to enforce
..~~rnt of any c~a~ms 1.rreunder, s~~d htGkTv~G__ s:~a'. aFp:y eo tne Covrt ho,~:~~ ~~-~.cf:c~:o.~ thereo( for tha apromtment of a Rece~ver, such Couit shafl
~.~~th ap~;a~r.t a rec~~ver of s~~d c.xtg.+~ed pro,.~~ty a;~ and s+ngo:ar, ir.c[vci ~•y a.~ :,~~d s;n~~iar Ihe ir.come, profNS, isaves and revenues from whatever
derived, ezch and every of ~ni~:.!~, rt t;•_~r.g ecpress.y undr~a:ocd, +s F.e~rby m;:rgaged as if speufically set fo~th and dexribed in the g~anting and
du~r c?auses hereuf, and wch Recerrer shaU heve a!I the troad and efteU,ve fucr..ens a~id powers in anywise entrusted by a Court to a Receiver, artd
;:t a;:panfinent sh~il oG made by wch Cc~rt as an admr.md equ~ty and a~ra~!rr of rbsoiure right to said MORiGAGEE, and without reterence ta the
: t.;~cy ar inadeq~ncy of the va~ve of ti,e prop~:rty mo•fgeged or ~o t~:e s~.v,~~c; c. :~~>o;vency o( said MORTGAt'sOR or the defendants, and that such
~s profns, inco+r.e, iss~es a~d reven~es sha:l be ap;~c~ed by such Receiver accorc~•~g w the iien or equity of said MORTGAGEE and the practice of such
_:;urt
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t8. To d~:y, prc~--pt:y and ivUy perform. d~scne:ge, eaecute, effe:t, comp;rte, ccmpty w~th ar.d a~+de by each and every the stipulations, agreements,
i•(ns and covenanrs .n s,;:d promisso•y r~o~e a:rd th~s m~rtgage stt forth.
T:.at ~n the e~c~t rhe orfr.e•sh~n oi rFe ~no•ry~ged pre,~~nes, o. any part the.~of, 6ecomes vested in a person other than the MORTGAGOR, the
.~?GIG:c, i~s ;vccz:se.•s a~:i ass;~r,s, ~~ay, •.:~'hc•_• ~c+c> !o u~e .10RTG:•OR, d.:a! ;i:th wch successor or svccessor in interest with refe~ence to this
"~~y~ and ~hr ~_ut h~reby se:v+ed m tie s-r, e n.,r; t•; as L\'~:F! I.~,q'f jai30f 'N:In:•ut in any way vihating or d~schargi~g the ~Aprtgagors' liability her~
r ort~cc.n rhe d~•bf he~eo~ sec~~:~:! sa'e c~ •!~N cr~~~~~~sAs h:reby rr~vrtga3ed tnd no forbea.ance on the part of the /AORiGAGEE or ita successors
.~:~;~~vand ~w ~x•c~s:o~~ cf rh~~ r:.•~~ fu- ~he c.a~n ,~,t c•f r~~e debr r.~~eE,Y secvred g~ven by rne /dORTGAGEE or its successors or assigns, stiall operate
_ _~dse,td.nci^orge, r.~oC~t~ char.ge r. a'tect ihe c•~}.~•,! iiau.t ~y of ~he I.'.CRiGAGOR iurein, either in whole or in part.
10. 3• :s scec~F~ca~~y agreed ~F.ar ;:•ne ~s of the esse~ce ef ti ~s coraract and thar no waiver of any obtsgat~on hereunder or of the obligation sr
c,-ed he:ebt shai: at anf ti~:e ~h~•rea::e: oe hzld w b•~ a v.o~.er ef itti~ •err,:s hereoi or of the i~~strvmeM secured herby.
~~<<~~'~~~~ t~~-g~ ~~7 i~~~~ s o~ E.~::c pa! and te <st ~equ.:ed by the p~omissory no!e secured he~eb~, mortgagor eovenants
_:•;rces to~a3y to ~"~.•_:~aee v.~•h ;:a;i: i•h ,,n „dd. ;onai su~. •,a[_d b/ morty~gee to be equal fo I,112 of the annual cost of the (ollow-
t
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A-A!I rc~l propert~ ea._s'r:~e:: or d31@aS^Ci _;~li'~S! thc aiovF drv~S.,d reat estate.
6- Pr~~: ~--s or, f:r•- ee-± v.:n:isr„ .:.s,,~a~ ce a> h;- -.n ~r~q,; r•~d to ~e ca~~~ed cr rne ~r+~roveme~ts s~tuate on the above desuibed prem;ses.
C-Prerr..~~r.s o~ ~~ch rro:t~-r;r ava'o+:ty ~r.s~•~~:ce as mc•!~,3y~? shail t~rr nme to time deem fit to catry on the (oan setured hereby.
%.lortgageetshe f~:.~i r:°t- to r--_ ~-r.e;fr rr~,;ty;3,,r ~r wr~ting o! the e~::o;~t d~~ ar,d payable hereundrr a~d such sum shall thereupon be due and
e on eh~ d~e dew ot t~.~ r:._xr ::,-~h , p;,~ •.enr e~~d e- :h s•r,cess~ve ~.o• thereatr~r ~r.til mort a ee sha!! r.ohf rrwrt a or of a eha
'i 9 9 Y 9 9 ~9e in such
~•.:nr. S~xr sums ~^a.! i;e 3pn!ieo by m~rga~-r, ro.:a:d ;i~e payment of reai prcperty taxes, insurance prem-~ms, and matgage guaranty insurance
. . ;c:o,s. . ~
! 1N ~11T^:c55 :;NEREOF, tr~e ea~d M~v:~G:-Gvic has hereunto set h~s h3nd and seai +he day and year first aforesaid.
~ • ed, Sealed el~ red Fn the prese of: ~ r
j - - - ~ ` (Seal)
; _tness: M llie A. ~ ormer_~lie
k _ _ _
~ / ~ .r i ~ T • ~ ~ 1 ~i~~
; - i
~ . w/ ness_ - ~ - -r : Lero . Rhodes ~s~,q
~ :':.TE OF fIORIDA ~
~ SS.
~ St. Lucie
~•1rY OF - ~
~ Before me personaily appeared ~YOy RhOd@5 a~
~ tiillll@ A. Rhodes~formerly Mllll@ A. Miller his wife, to me well known and known to me to be
~ _~-.:;:viduals descr,6~d in and who exec~ted the forego~ng insvument, and acknowtedged before me that they execwed the same for the purposes
g eapressed. And ,r,e :a;a__-. Millie A. Rhodes, formerly Millie A. Miiler
~ ~ of ~h~ :d~d _ Leroy E._ Rhodes
upon a separate and private
~ •-~it~on by me taken separate and apart frem her sa~d husoand, acknowtedged ta and before me fhat she execuled said instrument freely and volun•
; ; and w~'hovt any comau!s~on, ca~s'ra:nt, anpreher.s.on, or fear of or from her said husband.
a WITi+ESS my hand and oifiual seal th~s _~~.'J~1 _ day of .IatlllaY A. D. 19~~
~ 1 ,
~ Notary PubGc in and for the S t of Fbr' a at large
My Commission expires: ~
Return io: ~gr
± ~.rst Federa! Sav~ngs d. loan Assoc~at;~n
~ O` Fc•!f ? •:Ce. . .
=i Fo.r P~. ~ce. F~o~~d~ 33450 ; : ,
~ f~o nKO mECO~E~ ,
, ~
~ :T.LUCIE COUMTY flA. ti i- ~ l:~ -
~ ROC£A o0t?RAS k, ,
~ CLERI~ CI~ClfIT COURT ~ , ,,,.~+r:•
~ This Instrument Prepared By John W. rol lins ~ECORO YERIFIEO~ ~ ~ ~'j j~ "
' First Federal Savin s$ Loan Association ~ r~
~ ti ~
~ of Fort Pierce~ Fl~r ida 33450 ,{~w Z~ 3=3 PM ~ : r . c- ~
~ ~ . . , ` ~ t'
; Checked By = ^ - -
:A 34~201 - -
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~ 0 R ~~'t`~~'
~5 2fi -,~,~,<<„~.
~ BOOK PACE ~ ' - ~ '
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