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3. To plac~ and continuousty keep on Ihe L~~,dir~gs now w F.ereai~e~ •iruarn on sa~d land and on all equipn,em and pe~s~ally covued by thif mortg- !
sge, with all premlvms Ihrreon pa~d in iutl, fire ias~~en.e ~n tha wwl s~ar~dsrJ Foticy iorm, in • sum approvnd by ~he MORiGAGEE, •~d winds~orm
insur~nc~ i~ IM usual ~~andard pol.cy form, in a:um approvrd by the MORiGAGEE, in iuch compa~y or tompanies as th~ MORTGAGEE may
d~ract; and all lirs and w~ndswrm inwrance pot~urs on any ol sa~d D„~td~ngs, any intereat therein o~ p~~l thereof, in the aggre9~te ivm sfwesaid or
in exce~s Ihrreof, ~hall conrain tt~e usual standard mo~~gagee clauu or such aher c~suse as th~ Matgayae may requ~r~, makirg Ihs Io~~ under sa~d poth
c~es, each pnd every, payab!e fo said MORIGAGEE as ~ts ~nt~rasl may appcar, and each and every w<h po!icy sha11 br promp~Iy ass.gned and de~ivered ro
any held by sa~d 1~10R?GAGEE as furiher sewrity ~o said mcugaye debt, and, not less than ten (!U) da~s in aJva~xe of ~he expirat~on of each pol;cy, to de- '
I~YZr ro seid MORTGAG~E e renewal thereof, to~eih~r wieh a rece~pt fw the pramium of iuch renewal; aad there shalt be no fire or winds~onn insurance
p!~ced on ~ny of said b~~ld~n9s, any interes~ there~n w part ~her~ot, ~nirss in thc tor:n +~nd with the loss payeble as atu.esaid; and in the event any aum
or rnoney bccome~ payabk v~de+ wch poliq w poGcias ia~d MORTGAGEE ihall have ~ha opt~on ~o receive arxl ap~,ly the same on accoum ol the iadebted-
n~-ss secured heieby or ro pe~mi~ sa~d MORTGAGORS to recrive a~~d ute i1 0~ any pan thereol lor o:n~•r purF~cses, wnho~t th~.~br w~iving ~x ~mpair-
ing any eqv~ty, lien or righl unde~ a by vire~e of th;s mor'~aga; and in the event se~d MORTGAGORS shall fu any rtason fail fo keep the said premises so ~
~r~surcd, or fail to de~~ver p~a»p~ly any of said polfcies of insurance to said MORIGAGEE, or fa:l promptty !o pay fuity any premium the~efor ot in a~y ~ I
rrspect fael to pe~fwm, d~scharge, executa, effeu, canp:etr. co:nply with and abiJe by th~s covenant, a any pa~~ hrreo(, said MORTGAGEE may pfate and: }
pny fw such insu~a~ce or any parl thercoi wifhoul waiving or a((etling any option, Iien, equ~ty, or right u~der w by virtue of this Ma~gage, and ths . ~
!~:1 amount of each and evtry such pay~naM shalt be immediately due and pa~able and shall baar ir.terest irom the date thereof until paid at the ~ate of
~~r crntum pe~ annum a•~d toqrtl~rr N~!h a~ch in~.~res~ shal~ b> S.`~ured by the Sien of !h~i mOtigage.
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1. To permit, commit or sulier no wastc, impa~rmrnt d deser~cretion of said prcperty or sny part thereof, f
S. To p~y a~l and singuls. itee co~ts, cha~ges and e~penses, inuud~ng a reasonabSa atrorney's fre and costs of abstreds of tille, incu?red w paid at
.n, ~i~:e by s3~d A1JRIGAG:E, because w in the evenf of fhe ia,twe on the part of the said MORTGAGOR to duty, pra»ptly and fully pe~(wm, d~scharqe,
~..•cuu, effru, cemp:efe, compfy w~eh and ab:de by ea:fi and eve.y the sripulaf~oRS, agreer~~ents, cond;r~ons, and cove~ants uf said promissory nots and this
,;;rigage any or e~±her, and sa:d cosrs. cha~ges and ezpertses, each and every, shaii be immrd~ateiy due and payable; whether or ~ot there be notice de~
~,~end, arte!npt to caietl or svit pe~.d~ng; and ~he full a+nounl of each and every svch paymen~ ahall bea• imeresl from the datQ thereof uMil paid at the ~
~ o` nine per ce+:t~m ~er a~~~~u-n; onC au said costs, cha:~es a•~d Eaue~~ses ~:xurr~d or pa~d, toge~her wrth such ieterest, shall be secured by tF~e lien of this
morfgage.
6. That (a) in the event of any breacfi of this Mortg~qe or deFaut~ oo tM part of the MORTGAGOR, ar (b) io 1he event any of said surt+s of money
here~n rcferrtd to be not proroptly ami fuily paid w~~hrn th,rty (301 days next a+tcr ~he same severa:ly become due and payable, without demand or notice,
;c) in the event each and evrry tne stipv:a~ions, agreements, tonditio~~s and covenams of sa~d promissory note and th~s mortgage any o~ either are nW
a~:y, p•ompNy and fuliy perfonr.ed, d s:harg•:d, e~ec~~~d, effec!rd, to~~pieted, tonipi~~d v.nh and ac~ded Sy, then in eiiher o~ any svch e+ent ~he said ag
3ate svm mentioned in sa~d p:em~su•ry nctr thrn rema~nmg unpa~d, w~th intere;t accr~ed, end att ~noneys secured Fr_?eby, shall become due and pay-
e:: e forlhwirh, or thereetter, at tne cp~:oo ol seid AtQRTGAGiE, as fu:l~ ana compietely as i( al! o! fhe said sums of money wcre w~ginaily sliputated
~ h•: p~:d on such d:.~, anyth;ng in sa d pro:Trsswy note or i~ this Murtgag~ ro tha cor.r-ary ~o~w~thstand~ng; and there~{wn or thereafter a1 the option of
s~ MORTGAGE[, v.~r~~ur r~ot:ce or dema~d, suit at iaw w in equ~ty, +leerelu~r or then:afier Ir:gvn, may be prosec~ted as if all moneys seeured hereby
r•d mjtured pror ro ns i~stitut~on.
7. That in the ever:t rhat at the beg~nn~ng of or at any tlme prnd;ng any su~t upon this Mortgage, w to foreclose it, or to reform it, or fo enfo?te
;,:^ient of any rain:s hereunder, s.~~d fLtORTGr+GEE shati :,pply to th~ C~uri haY~. g,u.~sd•cron ehcreot ior the appoiniment of a Receiver, such Court shall ~
•r.~ith appo~nt a recei~er o! Sa d rt•xrgagcd pr~,.~rr~ all a~d s~^•gutar, i~c:~d.ng and v:~guVr the ~^come, p+ofit3, issuls end revenutS frOm whateve?
rcr dtriv~d, eacn ecd every oi wii~;h, i~ be~ng e~~~ress!y understwd, is tereuy mcar,_~,,grd as if spetifically set forth and desuibed in the granting and
i ai~endum cEavses hereo`, and such Receiver shai! have all the b~oad and ef4ecr,,,~~ iurcr.~~^s and powers in anywise emrusted by a Cou~t to ~ Receiver, snd ' 4
s. _h apFointment shatt'be made by such Co~:t as an admittea eq~ity and a n~tter of a~sc~utr right to said MORTGAGEE, a~d withouf referente to the
- t~~.~uicy or inadeq~acy of the va;ue of the ~.ropzrty mortyaged or to ~he sa.~e~xy or ;~~sr:vencl of sa~d MORTGAGOR a the defendartts, and that such
~ +s. profits, income, iss~es and reien~es sha11 be app~~ed by such Rece:.er ac:o~J+,~g ~o the Iien w equity of said MORTGAGEE and the practice of such
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To d~ly, p-om.ptly and (~lty Ferform, di>cha.ge, execute, effect, co~npiete, ccm, with and abide by eath and every the atipulations, agreements, ;
c~nd~tioru and covenants ~n s~id promiswry note and this n~ortgag> s^_? fo~:h.
9. TF.at in the event the ownenniF of th.- mortgeged prer:,~ses, or a:i~ part tr~ereof, becomes vested in a person other fhan the MORTGAGOR, ihe ~
."R+GAGfE, its su:ceucrs snd ass~~r.s, may, w~:hout n~iice ?o t~:r A50RIv.•JR, d23: y~tFi such successor a wccessor in interest wi~h reference to this
t~age a~•d the deot h~n_by secured ir, the s~n:e rnanne~ as ~a•+!h !."~rtc;ogor :~nhnut in any way vitiating or d~Xharging the Mortgagors' liabi!ity here- ~
or vpo~ ~i~~ dct,+ nereb~ sc,.«~ - r.e s~ e ci ~I,e r~t~~:~ses h•,r~~b; ~~o~tgayed a~,d no fortearance on ~he part of the /dOR1GAGEE w it~ suecessora
a~s 9ns and no exrers on e' th._• r,~~.~ f~r ~~,e cay~~.;•nr vi fne ~cb~ h~,c!:~ secured g~ven by the f~tORTGAGEE or ifs successws or au~gn~, ahatl operate j
~ re case, d,scha:ge, n:od:iy ~harge ar aiiect ~he urlg;~~ai I;ab:~~ty of ti~e N.CkIGAGOR i~ere~n, eithe~ in whole or in part ~
10. It is spec:fr_a:~y a3n•cd rhar t~:ne is of !i~.e esser.ce uf th;s co~uract and that no waive~ of any obl~gat~on hereunder w of fhe obligation so- ~
_,.~ed h.~reay sha!t at any lime thereai?er be hc':d lo bc a wa~ier o! the !erms her~of or of the ir,strumeM secured hetby. ~
11 (n 1ci;1 r{o r•e ic:~.•ae r.',o-.''.'t :;:r_ ,<s o' v~.:,c p~: .snd i•aerrs~ r~~,::ed b•/ the p~om:ssory no!e secured F~ereby. mortgagor tovenants j
_grees }o pay r~,; r.c~*g ~o.,e x•~h eaci, ;,,~L'; ..,"r zr, ~,~.i.. o.,e. s~n, ~sr.~.,•~d ~y rt:ortgagee to be equal to 1,' 12 of the annual tost of the follow-
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A--AII real ~~ope•ry taxes rv~e~ or assess,:i aq~iost !hc above dnsc~i~.-d real cstate_
6--Pr<:~: o:~ i r a~i1 vn;:dstorm ~rs~;.::: es i er- {n r~y_:.r~~d ro i,~~ c.,•~.• :1 v~ f~e lmprcveme~ts s~tuate on the above described premises.
C-Pre~n~v~ns o:. --~~-h `r.~r!gine g~a~ant~ sur..:e as mo~tgayre shaR frcm r6n:e to t~me deem f~t to carry on the loan secured hereby.
:,orr~agec s~s!i nme ~c r~^~e ~:,c:r;,,g:,. m writ~r..g of r~e a~:.ovnt Jue and payable hereund~r a.^d such sum shall thereupon be due and
un Ih•; d.:e datP ef e~ext n;o pi•,n:,:••~t nnd e_ch sutc^ssive mo~~Th tnereaher unt'rl morigagee shall r.otify mortgagor of a change in such
,;~v. Such wms s~3:1 vn app;ied cy ~T,ortg.~g~~ te:.a:3 tRe payment of reai property taaes, insurancs p~em:ums, and mortyage guaranty insurance
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i IN Y11i~JESS '.:NcRFOF, sa~d NJ+~iG:.GOR nas nere~~to set nis hand and sca! the day and year first afwesaid. ~
I Signed, Sealed and defive~ed in tF.e PIEKEMC of: '
FILf~ ~ML~ aEC~~D~V~'~ - ,
- :T.liiCt' L'00MTtf F -
~~,;~R ~~~T~U?S Laura Mae J eau /a sin 1 ~¢ult
^ ` ~ :'~,GJIj C4tltlT ~ 1
s~cF~
k - - PFCO~:g yra~Fl~O (sesq
j _ '~~`d f-~'- - ~ - - - - - ~ ~ Seaq
' ' ~ ~~1 4 0~ P!1 ?5
~ OF fLORIDA 3~~~
' ;';TY OF $t._ Lucie
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Before me per:onaiiy appeared _I'dUla ~e Jandreau, a s ingle ad111 t
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- 6is.wi4~to me well known and known to me to be
~nJivid~a! descnbed in ar.d v.ho exec~ted the forvgoing instrument, and acknowtcdged beiore me that g~ee executed the same fw the purposes 3
e;n expressed_ Ar~d?i+es~~
«~i.~~i~he~ewi ~w~~~paat~~~ivs1~• ~
~~~~c?a~~ ~a~~~ ~~~IDm~c~m~~,-~?mm~a~~~Q ~~smo ~m~~s ~a~~sa~m~m~c~~vsss~s-:
~r,« y. ~wdwwti~«~ ~ny~wpvb~«w «nMwit~. ~;.pwci~ewa~ow ~er~ee? eFer~+ow+~itei-eeii fiu~bsnt~
~ :vlTt~fSS my hand and offic~a{ :ea! th~s ___~3__~._ day of July y q, p. ~q 75 ~~y+
~ ~ ~
~ Notary Pubirc in and for the 5 of Fbrida at lsrpe
' My Commission expirea: '
i Retvr;i To: ? • • ~ ~ ' 7 (i
s ::rst Federal Sa+ings 6 Loan Associ~tlon -
4 Of :ort P c:cr. ,
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~ . Fort Pierce. F:c•idj ``^.:i'`; ~ `7,~,`,I''*
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~ This Instrumeni Prepared By ~ Robert A. SwisheY Jr.
~ First Federal Savings & loan Association _ ,.~~;;:~'~3 "
~ of Fort Pierce, Rlorida 33450 , - ' ' ~ ~ ; s
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~ Cnecked BY - gQ~K : _ ,
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