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3. To place a~d confinuouily kcep on ths buildin9s now w hereafter situate on ss~d iand and on all equipment ~nd pe~wnally covaed by thit mor1~-
ege, w~~h all premiums thercoo pa~d m full, Gre insurance in ~h~ usual standard po:~cy iorm, in •:um ap{xoved by Ihe MORfGAGEE, and windstam
insu.anc~ in the uswl iqndard ppGCy fpm, in ~ sum app~ov~d by the MURTGAGEE, in svch company or con~pa~iet as the MORiGAGEE may
d~recr, a~+d all firs and w~ndsrorm insvronce po:k~e• oo any of iaid build~nqs, any intereet ~herein w parl tiiereof, in Ihs ~pyrepat~ ium afassaid o~ . i
in excesa Ihareof, ihall :ontain thq usual srandard mwtgage~ clause a such other clause at tM Matgages may req~y~, makin9 IM ioss undav u~d pot4
c~es, each and eve~y, payab!e to said MORiGAGtE as its inrerrst may appeer, and each and every such po!icy shall bE Fromptly ass.g~ed and delivered to ~
any hrld by ssid h10RTGAGEf as funhe~ ~ecv+ity ro said mor~gage debt, and, not teu than ten (10) dayt in advance of the expiratio~ of each policy, to de- `
f~er ro taid MORTGAGEE a renewal thereof, t ~
oge~her wi~h a rece~pt for 1M prarnium of such renewal; and ~hrre shall be no f~re or windi~o.m inw~ante
placed on ~ny of said buildings, any inlerest the~ein or part thr.eoF, unless in i1u form and with the lou payable as a~oresaid; and in the event any sum
of money becomes payabls undrr such polity a po!~cirs said MORTGAGEE ~hal) hav~ Ihe option to receive and apply ths same on accounl ot the indebted~ ~
nrss secured he~eby o~ ro permit aaid MORTGAGORS lo ~eteiva and use it or any part the:eof fo~ oshcr pur~-oses, w~tho~t ~harcb~ waivi~+g o~ ~mpair• )
!ng any equiry, tien a right under a by v~tue of thi~ moc!gaga; and i~ the event utd MORTGAGORS ahali for any rsafon fail to keep the sa~d prem~ses so ;
~rsured, or fail to deliver p~ompdy any ol said poGues of insurance to said MoRTGAGEE, a fail prompNy to pay fully any prem~um iherefw or in any ;
respact iail to per(am, d~scharge, execute, e(fe:t, con+ptete, comply witA and 3bide by th~s covensnt, w any part he~eof, said MORTGAGEE may place and i
~ay (o~ suth insurante ar any pa.t thereot w~thout waivinfl w affecting any option, tien, equity, or right under w by virt~e oi th~s Matgage, ar+d tFx ~
f~tl amount oi each and svery such payment shalt be immcdiately due and payaUle and shall bear interesl from tho date thereof until paid at the rate ol
~.;::e pet centum per annum a:id together with wc?~ inte~est shali be secured by Ihe iien oi this morfgage. t
1. To permit, commit or suffer no waste, impairment w detertoro~~an of said property or ~~y part thercwf. ~
5. To pay all and singular ths cdiil, charges and expensas, inciuding a reasonable anwney's fee and costs of abstracts of titls, incvrred w paid at t
,ny timc by safd MORTGAGiE, because o~ ~n rhe event of the fa~lure on ~ne pan of the saed MORTGAGOR to duly, p~ompNy and fuily perlwm, d~xharge.
e.ec~fe, effect, comptete, comply wrth and ab:sk 6y eacfi and every the st~~x,lat~ons, agreementa, cood~t~ons, aod covenants of said promissory note and th~s
n orrgage any or either, and sa:d costs. charges and expenses, each and ~very, ehail be immed~ately dve and payabfe; whether or ~ot there be notite de
mand,-atte,r+~to cotktt or suit pend~ng; and tF~e futl amounl of each and e~ery such paymem slwll bea. interast from the date thereof until paid ~1 d~e
. u` n~ne per crntum p.:~ an~w:n; and au sa~d tosss, chargrs and cxper.ses ~ncurred w pa~d, togelF~er with suth interes~, sF?all be secured by the lien of this :
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m~rtgage.
6. That (a) in the even+ of any breach of this Mortgage or defaul! on the part oi the MORTGAGOR, or (b) in the event any of said sums of money `
herein referred to be not pror:ptly and fu~~y pa~cl wit`~in Ihuty (30) days next a}ter ihe same severaily become d~re and payable, without tlemand o? notite, - !
or (c) in thz event each and every the stipu~ations, agreements, cand[tions and coveoaots of sa:d promiswry note and thia mwtgage ~ny or either are nol
i~'y, pranptly and f~liy perfonned, d sct~arged, eaecuted, e(fected, compieted, canp~:ed w~+h and aF,~ded Sy, theo in e~ther or any such eveM the said sg i
~r•_gate sum mentioned in aa~d prom~ssory note then rema~ning unpaid, with intere~t aar~ed, and all moneys secured ixreby, shall become due and Fay- ~
eb e forthwith, or thereafier, at thc opr~on cf sa:d MORTGAGEE, as tully and cornp:eteiy as ii all ~f the sa~d wms oi money were originally ttipulsted
ro be pa~d on such day, anything in sa.d pro:n:ssory note or in this h.or~gage !o the cororary notwi~hs~an~f~ng; and thereupon or thereafter at the option of
s~.:! MORTGAGEE, w~thoW no~~ce or dema~~d,'sud at Iaw or in eqwty, the~efore or Ihereaiter begun, may be prosecuted as if all mwieys secured hereby
~.•d rnatured pn0! to rti inslitulion. . 1
7. That in the event that at the beginning o( or at any ti~ne p¢nding arty suit upon th;s Mottgage, w to iwecSose it, w to ~efam it, or to en(orce
,:ment of any cfaims heceunder, seid M02TGAvLE shall apply t~ the Coun having ,unsd:ction thzreof for the appointmem of ~ Receiver, wch Court shaU
~~~;rh appoint a rece~ver of said mortgaged propery ai{ and singu{ar, inc~ud~ng alt a~~d singuiar ~h~ income, profits, issues and revenues from whatever
derrved, each and every of wh[ch, it be~r.g express!y untle~s+ood, is hereby mortgaged as ef speNiically tet fwth snd described in the yranting and
,~;:andum c~auses hereof, arsd such Receiver si~ait hzve ali the bread and edfect~ve fvr~ct ons and powera in anyw3se eMrusted by a Court to a Receiver, and
s_;h a~poin~ment shall be made by wch Court as an ad~nittrd equity ar~d a maner ai aGsolvte right to said MORTGAGEE, and without referente to the
:^~,Ucy w inadrQuacy o~ the value of ehe property mor~gaged or te the so:venq or ,n;olveacy of sa~d MORTGAGOR p the defendants, and that such
•s. profits, income, issues and reven~es snall be applied by such Receiver accord~.ig to the lien w equity of said MOATGAGEE and the practice of wcb
. ,J V!}.
A. Ta dvty, pramytly and fully perlorm, discharge, execute, eHect, compiete, comply w;th and abide by each arxl every tlx stipufations, agreemeMt,
~di!+ens and Fovenams ~n sa~d promissary note and this mortgaye srt forth.
9. 7hat irt the event the ov.r.e~sh: of the r~rt ed ren:ises, or an art ti+creof, 6ecomes vesfed in a
F 9~4 P y p person other than the MORTGAGOR, the
: ~~tvAGEE, in successors ard au~?ns; may, w1:ha.T no~,ce to rhe A10RiGAOR, dea~ w~~h such successw or successw in interest with refereoce to this
~:~tyage n~~d L~2 cfei~t he~•.by ae:vred in tFe 53At@ mar:r.er as w;th h't~rtgayo. w~tho~t en any way vitialing or d~uharging the .Vbrtgagort' liabiliTy ~re
,°;i_: pr upon th~ debt hereb~ s.a~~~d. C;o s~~e oi thP ~,~e~r,+ses herEby ~r~ortgaged and no forbearunet on the part of ti~e /AORTGAGEE or its suceessws
r ess~gns and no ea!ensron oF she ~in:e Evr the pay~~ent ot the debt hereE:y secured g:ven hy the PdURTGAGEE or its successws w auigos, stiall operate -
r~ re'case, d:xharge, mcdify change or afiect the ur~glr.a4 liab~~~ty of tfi~ N.Q2iGAGOR herein, either in whole w in parf. y
10. It is spec~ficaNy agreed ~hat time is ef the esser.ee of th~s controct and that no waiver of any obt~gation hereunder ot of the obligation st
c~~ed hareby shalf at any tin:e ~hcreafter be hcfd to be a waiver of the !erms hereuf or of the instrument secured 'nerby.
1!. In adduc~ ro th_ lorege'n~ ~no^sh'v pa;rn~nts of p:~~cpat and in+eresr ~equ~red by the p~om;ssory no~e secured hereb~, mortgagw eovenants
r ci agrees to pay !o mortg.g~e v~;:h each m~n~h y Ya;•-.ent an add:r=onal s~m ezn •.a!~d b~ n:oitgagee fo be egual to 1 j 12 oI the annual cost of the foflow-
A-Ali rea! property Saxes +avicd ~r assrszcd ag3i•~:t ±hc ahove desc.ibed rral es!ate. ~
e--Fr~,,::~:ns on f~re an3 vrir.a~ttO:n: in;~sa~tB ~s i~en_in r.•qu~red to be ca•ried c~: the ~mproveme:tts situate on the above described premises. S
C-Pt~.niums on such mortg~ge guaranty ir.surar.ce as morryagee sha~i frocc t me to sime deem fit to carry on the loan secured hereby_ ~
hlortgaoee sh,:~ irom t~me tc *~me ncr~i~ r.:ortgagar ;r. wnt~ng of ihe a^.o~~t d:~a and payable hereundrr and sath sum shall thereupon be due and {
,.~h~e on the d~e ca~e oi ihe next ma~~~`y parmem ar.d e~ch success~ve n,onfh thereafter untii mortgagee siiatl notify mortgagor of a change in such :
;.~nr. Such sums shaii i~e•applied by merrgag•-e tov.a-d tha pay:ntnt of real property taxrs, insurante prem;ums, a~~d mortgage guaranty insurance j
. ~~:r•i~ms.
~~N Y~ITNESS :VY.ER~Cf, The za~ MORTGAGGR has here~nto set his hand and seal the day and year first afwesaid. ~
9i9ned. !ed d iiv n tht presence ofc ~ ' ~
~t// ~.l~L~ (~~e.an i
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~ Anna Mae Beas tse.q `
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- (Seaq
'i - - - tSea~
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I ~ = OF fLORIDA ~
~ ` '~'.TY Of St. Lucie__ _ ~ ~ _
I Before me personaliy appeared 1~l'fna MaP a sinale adult ~ ~~j
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f - _ I~is~wiierto me well known and known to me to be '
; inJrvi~ua~ described in and who exewted the foregoing inslrument, and acknowiedged before me 1hatShe executed the sanx for fhe purpoaes i
` r.,=,.e:n e:pressed. Ond16e..sii~_ i
~ ..~e-ef~l~e+s~id - ~sw~~~raA~~rni~riwM ~
~ r.r'a•oaiian~by~rre.rtikYGanpitallars~.a~~tl~oo.F~i~~iJ~W1~ar1~,~~~1~~r~~~f~M~1~ll~ii~laeMd9~Isai~i~MW~MLfs~lly~iMLYPIuF~ ~
v w~c ~wd..~r+i~~u? awy~r~pui~i~ry ~rww i~tr ~p~preLe~siw~~i~ ~f. K.F~o+w~wwii Jws~swdr
i Y~ITNE~S my hand and official seal thls__ ~~~i~ day of J ly( , A. D. 19~~2 ~
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jtlC E COUkTY FLA.-_
j{0(~iEh PO+TQ~g Notary Public in and for the $tat f fb?ide ~t Larye
^ CLERK EiRCUiT COURT My Comm~siwn eapires:
Returi ro: REC^F~ yec+f~Ep~..~~ _ •
~;rst Federol Savings 3 loan Assx~at.on ~
of Fo<< P E,~o. J~u.13 1 29 PM'T5 ~v ;
Fort P~e,ce. Flcrida ````,`~~t~j~~~ ~iJi~~~~`
~ V.i..`~ ' . - ..~1 . ~
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~ This Instrument Prepared By Robert A. Swisher Jr . 1 d.~'=~ ~
~ F~rst Federal Savings 8~ loan Association
of Fort Pierce~ Flozida 33450 _
Checked By t ~ ~j ~ C _ ~
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O Q ~ ~ ~ - . : . : :
BOUK ~
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