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3. To Flace and continuoutly kecp on ~he bu~l~~n9s now w hsreafrer ~ituate on said land and on ail eGvipmeni end pe~sonaliy covered by thit morl¢
ege, with ali pre~~~iurns ~he~eon pa~d in iull, firo inaurance in the uwel atanda~d pa'~q form, in a sum approved by the MORiGAGEE, and wincl~tam
~r,iuru?u in the vtual ~tandard pol~ty form, in • sum approved by ~he MORTGAGEE, in ~~cA tompany o~ tanpanies as th~ MQ~ZTGAGEE may
direct; and all iire and wlndsrorm insurance poGcies on any of seid bu~+~l.nss, any ~nterrsl therein or part theraof, in tht agyreqat~ wm ~iotesaid o~
ln exte~s Ihzreof, shall co~tain the usuaf seandard mortgagee dause a such o~her ciiuse as Ih~ Maty~gee may requu~, makinp the loss undtr sa~d polr ~ '
c~es, each and every, pay~blr ro said A10RIGAGEE as ~ts irtereft may appear, a~d each and evary i~ch policy ihall be promptiy aas.gned a~~d de~ivered to ~
eny held by u~d MORTGAGCE af ~v~ihe~ secur7ry to wid matgaye deb~, and, not leu than len (10) days in advancs of the expiration of each policy, to da $
I~1er to uid MORTGAGEE a renewa~ thereof, together with a receipt to~ the promium of such renewal; and Iher• ihall be oo fue o~ windsw~m insurancs - ~
plated oe? any oi sa~d buildings, any intere~t the~e~~ or part 1he~eof, unlcu in the tonn and with ~he toss payable as a~orts+id; and in the event sny sum
of money becomes payable unde~ iuch policy a polKies w~d MORTGAGEE ?hall have ~he opt~on lo receive and ~pply the iame on account of Ihe indebted-
nrss sc:ured hereby or to permit said MORTGAG025 to recei.e and use it or any pa~t therrof iw oth~~ purposes, w:thout thrrtur waiv~~y or unpair• ;
ing any equ~ty, lien or ~iyht under or by viriue o1 !hla mo::gage; and in the event sa~d MORiGAGORS shall fw any reason (ail to keep the sa~d pre+nise~ so
~nwred, q fail to deliver prompliy any of aaid po?;c~r~ of inswance to said MORTGAGEE, w fail promplly ?o pay fully any preniium therefor or in a~y
respect fail to pe~fum, dischmge, execute, effecl, comp:ete, cor.,ply wiih and ab~ds by th~s covenant, a a~y pert htreof, ssid MORTGAGEE may p~ace a~d
pay fa tuth insurance w any part therrof withovt weiving w affecling any op~~on, lien, equ~ty, o~ right under o+ by virtue of this Morl9age, and the i'
~u!I amovnt of each snd every such payment shalt be immcdiately d~e and payabte and shall besr interest from the dste lhereot ~ntil paid at the rat~ ol ~ `
n~ e per cer.t~m per annum ~nd to7~•tk.~r w~th svth inte+rs~ sh~li be secured by tf?e 1~M of this mortgage. ~ (
1. To permit, commit w suf(er no wa~~e, impairment w deterioration oi ~aid property w any psrt thereof, ~ ;
5. To pey all and singular the coals, chargei and expenses, including a rcasonable at~wney i fet and costs of abstrocts of title, incurred w paid ~t ~
any tim.e by sa~d 6~ORIGAG~E, because w in the event of iiw (a!lure on the part of ~he said MORTGAGOR to duly, promptly and fuliy psrFam, d~xherge,
~x_•cute, effea, wmplrte, co~nply w~fh and ab:de by en;h and every the stipu!at~ona, agree~~znn, cond~tions, and covenants of sa~d promisaory oote and thi~
~,~rrgege any w eithcr, and sa:d toats. charc:t; eaFenses, each and aveiy, xha11 be immediately due and payabk; whNher o~ not ther~ be notice da i
mand, attempt to collect or suit pending; and the ful! amcunt of each and cvery such paymenl shall bea~ interest from Ihe d~te thereof uMil paid ~t the
r~~ of n~ne per cem~oi per an~~u~r, and ait w~d cosrs, cha•ges and czNe~ses ~ncurreaf or paid, toge~her vvdh suth iMerest, shall be iecured by the lien of this l
mortgage.
6. That (s) in tha event of any bresch of rh~s Mortgage or defautt on the part of the MORTGAGOR, or Cb) in the evenf any oi said sums of mo~ey
herein referred to be nof prompdy and tully pa~d v:~~hin thu~y ~3~) days r~x~ af~er ~he same seve?aEly becomt due snd payable, wi~hout demand w notite,
or ic? in the evem each and evrry ~he st~p~:a~ions, agreemeros, condition~ and coverwnta of sa~d promissory note and th~s mwt9age ~oy w ei~her an nol
jv:y, promptly and ful:y perfonned, d.sc~~arged. ex,:u~ed, ef(ected, canplrted, compi,~ w~~h and nbided by, then i~ either a any such eveM Ihe aaid ag
3-egate sum mentioned in said prom~sswy ncte then rema~ning unpa~d, with intErest accrued, aod all moneys secured hereby, ~hal1 betome due and p~y-
ab.e fortnwirh, or thereafter, at ~he o~tion of sa~d MORiGAGEE, as fully and comp:etely as if a~l of d.e wid wms of money were ongin~:ly stipulated
fo be pa:d an wch day, any~hing in sa.d p~orn:ssory nora or in thia Matgag~ to the con~rary notwithstanding; and lhereupon w thereafler at the option of
sa:d RI;ORTGAGEE, wohout noi~ce or de:ua~:d, suit at ~aw or in equity, the~etore w ri~ereattrr beyun, may be p~osecuted as if all moneys setured he~eby
r„d matured pnor to Us instifufion. _
7. That in the evem ~hat ar the br3;onmg oi or at any time pendi~g any •ult upon this Mortgage, w to forxlose it, o? to refwm it, w ro enforce
F ~yment of any ciaims hereunder, soid hl~RTt3Avt: s~a:1 aHply so the Co~rt harir.g ~u~~sd~uion thereo( iw Ihe appointmeM of a ReceiJe~, tuch Coun shall
r-rhwith eppoint a rece~vzr of seid mc:tg~3~ F*~P''=Y ali and s~nyu~ar, ir.dud:ng a.+ and s~nyuiar the uuort~e, ptofits, iasues and revenues f~om whatever
s ~~ce derived, each an~l tvery of w!~~c1~, i+ Leing .i,xessly understc,ed, +n ~ereby mert~aged ai if speyfiwlly set fqth and destribed in the g~anting and
~•~!.endum ciauses hercof, and such Recs~ver sh~(i h~ye ail ~he brcad acd effec~ive f~nct.ons and power: in anywise entrusted by a Court to a Receiver, and
i__h appoinfinent shall bc made by such Court as an ed:netted equity and a matter o4 ~bsolute right to sa~d MORiGAGEE. and without re~erenCe fo tr+e
~c1.~quacy w inadeqvacy of tt~e value oi the property mo~tgagrd or to Ihe :o:vency w~nsotvency o( said MORiGAGOR p the defandanes, and that such
: ~~~fs. protns, mcome, issues and reve~ues alwtl be app~~ed by wch Rece~rer acioru.~ig to Ihe iien or equity oi said MORTGAGEE and the practice of such
Cc ~rt. .
8. To du:y, premptly and fully puform, dhcharye, execute, effect, co~r~plete, comply with and abide by each and every the stipulations, agrecmeros, `
~-direons ar.d covrnants ~n sa~d promisswy ncte a~~d this mcrtgage set to~th.
9. ;hat in the e.enr she ownership of the morrgaged prem~ses, w a~iy part therecf, becomes vested in a•perfon olher than the MORTGAGOR, the
:"?TGAGEF, frs successcrs and assi jrts, r~ay, withcur ~once to rhe A10RiGAOR, deal w,ih such successrr w sotcessor in interest with referertce to this
~.~•tgage and thc de~r Rereby setured in the sarne mannrr as with hlortyagor w~thoul in any way vitieting w d~scharg;~g tF?e Mortgagors' fiability FKrr
,~,der or u4~on the d•_i~f F:e~e:~ scc,:ed. !~o sate of the FreTisea hereby mortgaged and no iorbearance on the part of the MORTGAGEE or iis sutcesso~s
ass~gns a~~d ~o ex'e~s~o? of the f~:ne }~r the payment of the debt hereby ietured given by the MORTGAGEE or its wccessws w auigns, shall operafe
o r•lease, d.schargr, moci~fy change a aftect the origmal Iiab~Gty of t?~e N~ORiGAGOR herein, either in whok w in part.
10. It fs spcK~(~:a1iy agreed tha~ t~me ~s of the essence of th;s co~rran and that no waiver of a~y obligation hereunder or of the obligaYan sa-
._.-Fd heieby shati at any tin:e thereafser be h¢!d to b~ s waiver of the •erms he:eof or of the instrumeM secured herby.
T 1. In a:1d r:o~ ro the torG9e r.~ ~nGnth~y ~dympnf5 of pri::c pal and im~rest reyuired by the prom~ssory no~e secured hereby, mortgagor eovenaNs
d agrees to pay to mo:tqag~e wi~h each mo~r.h'y pa~•:.enr an ao~'.~~onal sum es~~^ afed b~ mortgagee to be equai ro l~ 12 of the annwl cost oi the follow-
. ;
A-All rea! property taxes tei~ed o+ assess~•d agai~ist the above described real es•ate. ~ !
8-F~~-r:~u~:n on :~re aed wi~dste+rt~ insu:ar.ce as he:e~n req~~red to be tarrtFd o~~ the improveme~ts situate on the above described premisea. r
C-Pre:r.~ums on wch mort~age guararty icsurar,ce as mo-tgagee sha14 ~rorn t me to time deem fit to carry on the tosn secu~ed hereby. ~
' b!ortgagee s6a'! jrGT ti~r.r to r;me noi~fy mortgagor in wr;ring oi ihe a.^ount due ana payable hereunder and such sum shafl thereupon be due and '
~ .~.:>:e on the dve cate cf the next :no~tniy , ayme~t and each s~cc~~ssive morth ehereafter ur.til mwtgagee shal) ootify mortgagor of a change in such
i ",m. Such sums sha~t•be app!ied by mertgayee +r~a.d the paym.en! of reai properry taxes, insurancr prem:ums, and mortgage guaranty insurance
f :•~ms.
E ~N Y1ITNESS '14HER_OF, the sa~d h.ORTGC~GCR has hereunfo set his hand and seal the day and year fint a(oresaid.
~ Signed, Sea~ed and delivered in the presence of: ; ~ •
s _ L~p ~ :{~:~,~~a c~o-y~ dc-
~ - f~ ~st;~lli'l fU. •4
~~r,_ . i.i.'ilA~ ElvOri E ' eY k a4
~ - ~t=fc~ •~,:lT COURT ~a~
p~~~~~ ~rE- " Ora M. Libers
~ _ - - (Seaq
:'A7: OF FIORIDA 5 9 3? ~N'~~
st. ~~~e ~ ~ 30'7324
~ ~~!~~TY Of _
~ Befwe ~ne personaliy appeared _ g~.VOfl B~ Libersky ,,,d
~ _ Org M• Libersky his wiie, to me well known and known to me to be
~~.e i:dividuals described in and who executed tF~e foregoing instr~ment, and acknow{edged befwe me fhaf they executed the same fw the pvrposd
rF=•ein expressed. Md the said_ Ora ~4• Libersky
~ r: {c of the said B~.VOII E. Libersky _ , upon a sep~rale snd priv~te
-..,~:;nat~on by me taicen separate artd apart from her said husband, acknowledged to and befwe me that she executed said instrumeM freely end volun-
_:i and w~thout any compu~sion, const~aint, apprehens~on, or fesr of or from her said husband.
'l11TNE55 my hand and off:cial sea! this_ Sth day of ~S/ A. D. 19~
y ' ~
~ Motary Public en a the State of Fbrida at large
~ ' My Commission ex . ' 10~30.76
- Return To:
R
~ i;rst Federal Savings 3 Loan Assac;ation
OF Fort P erce.
~ Fdrt Pierce. FlorEda • ' ' '''~t:~~ •
~ . ~ ' ~ '
~ . .~i,:~~~.~~~~~~~ `C F~.~/~~
~ ~ ~ • ~ :
: ,rt
~ -'1 :•^,~Cii, : V` ~ t
This Instrument Prepared By William J. Forbes
~ Firsi Federal 5avings & Loan Association • : , G~ ~ = '
~ of Fort Pierce
f F~or ida 33450 ~ ~ ; ~ 1 , ~
_
~ 8~239 ~ - .
~ Checked By P~6f , - • •
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