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i To ptace and cad'e~uously keep on fFx bu~'du~gs now or he~eafrer situate on sa:d Iend and on al; equiwnenl and personally corered by this ma?¢ ~
ege, wiih all premi~ms thzreon pa.d ~n tull, fire ~r.s~ra:ue i~ ~ha ~suai srandarJ pol~cy form, in • sum appro~ed by the MOR(GAGEE, and w~ndstorm ~
~ns~rance i~ Ihe usval s~.tndard pol,ty fam, in a su~n approvrd by the MORIGAGEE, in such canpa~y o~ compa~ies as the MORTGAGEE m~y
` o~reu; and all (irs snd windstorm insurance policies on any ot said build~ngs, any interesl Ihcrein or parl Ihtreof, in IM agyregate sum aforesaid or
F in eatess lhereo(, ~hall cunta~n the uwal ata~xlard mortgegea ciauss a suth o~her cl~use as ~he Mortgagte may requ+rs, ma?iry) Ihe ws~ under ~a~d po1F
~ ues, eath and evrry, payob!e to sa~d MORTGAGEE as ~is i;~crest may appear, and each .,nd every avch por.cy shall be prompuy assgnrd and dal~ve~rd ~o
eny held by said MOkfGAGEE es lurth~r se«~.:~r ~o s~~d mortgage drbr, and, not I~ss than fen (10) dr~s in adva,ue of the expiration of each poGty, to da
+,.er to ssid MORTGAGtE a renewal ~hereot, toge~hrr with a rece~pt fo. Ihe prem~um oi such renrwal; and Ihero shall tae no fire or windstorm insurance
~~eced on any of sa~d E~~~d~~~s, any intorest lhrreio or pa~t ~hrrrof, uniess i~ the lcrm a~:d w~fh the toss payable as afwesaid; snd in the event art~. tum
o. n,oney becomes payeEte under ~uch policy « pol:ues w=d MORfGAGEE shall Mva ~he oprwn to recaivo and apply tM same on ac:ount ot ilie indebted-
nrss sec~r~ 1K~eby or ~o p~rmit sa~d MJRIGAGORS ~o receivr an~! use it or any u.•~~ ~he:coi fo~ oth~r pwE~oses, w~thouf ~h_•.uf w.:~~~•~~ or ~mp.;i~-
~ng any ~yuity, lien o~ right under a by virtue of this mo•'g~ge; and in ~he event sa:d h10RTGAGORS shall fw ar,y reawn fail to keep the taid premiici so
insurec~, or (ail ro deliver p~anplly any of said polic~es ol insurance to sa[d MORTGAGEE, w fa~l promptly to pay fully'sny p~emium Ihereia u in s~y
respect faii lo pe~(orm, d scha~ge, execute, eifect, canple~r, corrply wirh a~~d abide by ~hts cavenant, p eny part hereof, said MGRTvAGEE may place and
pa~ fot suth int~rance or any part thereof wnhou~ waiving or affett;ng any optiun, lirn, equ:ty, o~ ?igM ~nde~ w by virlue of this Marfgage, and the
ivtl amount of eech and erery such paym.m sbatl be immed~etely due and payal;le and shall bear interrst irom the date thereof v~til paid a? the rale o!
pc~ Cc~!~m per annw.~ and to~etl:e~ w~th such ~ntarev shai~ t,e secured L-y tM :~en of tFus mortgage. . j
1, io permit, cornmit or suffer no waste, ~n~pe:rmc'n' or deteriorat~on of said p~c~erty w any part the~eof.
5. To pay atl a~Ki :;:.y..i,:: :5:~ charges and expensrs, including a reasonable attorney's fee and costs of abstrscts of tiNe, in~urred pr paid at
+~y tin:e by sa~d h!ORTGAG:E, brcause or m thc evant of rh~ fa!iure on the part af ~he sald MORiGAGOR to duly, p~anptly and futly perfo~m, d~schargs,
e,ccufe, effect, comNtete, canply w~th and ab:de by each and eYe~y rhe stipuianons, ag~eements, condihons, and covenaros of said promissory nate and th~s
o~~gage any w e~~her, a~~d sa~d cosrs, charges ond exp.~nses, each aiul eve~y, shall be imm.:d~atety due and payab:e; whether p not there be notice do- •
,~3nd, attrm t to collect o+ s~~~ nd.n and the tul! amouut of each a~d e~er such
p pe y: ~ payment shall bear interest irom the date thereof until ~d at ~he !
. o+ nene per c..nt~m Err nn„u:n; ane; all aa+d cosrs, cnar3rs ar:d ~x~xr.scs ~rcwred or pdid, toyrther w~th wch inte~est, shall b~ sttured by ihe lien of this
^~crtgage. e
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b. That (a) in !he evenl of any b~each oi lhis Mortgage w defau't on thr pa~t of the MORTGAGOR, or (b) in tF+e event ~ny of said sums of money ~
hcrein refrrred to be not pranprly and fully pa;d within ~h~rty (3~) days ne,t ait•:r r.~e same sa.•eratty become due and payabte, without demand o? notice, ~
_ r ic) in the event each and every the stipu~aGo~s, a3~eements, cond~t~ons and cuvenants ot sa.d promisaary rwte and th~s mwtgage any pr e~ther a~e not
:_:y. p~anptty and iu~!y perfonned, d.s~ha~~>d, esrcuted, effetted, comp;eted, co,np:~ed v:.~h and ab~ded yy, then in ather w a~y such event the sa~d a¢
~-esare s~m ment~or~ed in said prom~ssory rwre ihen ierna~n~ng ~npa:d, w~~h inrerest acuued, and ai1 rrwneys secu~ed hereby, shsU become d~e and pay-
r.o.a fo~thw~th, or tFiereaftcr, at the opt~on of sy~d AtORSGAGEE. as iu~~y ar.d tOmpieti~y as i1 alI of the said svms of mooey were ortg~nally ttipu~a+ed
•o be pa~d o~~ such d:.y, anything in sa.d prom~ssory note or in th~s Mo:tgagr ro the co~~i~ary nos,n~thstanding; and there~pon w ehereaher at the opGon of
sa.; h10RTGAGEE, w~nc~ur ne~;ce or demar.d, suit at !aw or in equ;ry, ~here`:.re w thrrraiter begun, may be proucuted as if ali moneys secured hereby
n:,d malored pnpr to ~ts inaritu~~on.
7. That in the event tl,at ar the beginn:~x~ of or a~ any time pee~d~~~g a~y s~~it upon shis Mwtgage, p ta fwetlose it, w to re(o~m i1, o? fo enforte
.Ten~ oi any c~a~~r,s rereunder, said r~OR1GAG:c sha;l apply ro me Coun h~•,~:~g ~u:~sd.c~ion the~eof tor the appointmem of s Rece~ve~, such Court shail
~:~•'•.v~rh appoint a rece.ver of sa:d mortqayed pru; _-ty a~7 aad s~~.~ufar, inc'___:,y ,.,,u singular the income, pro(its, issues and reveoue~ from whjtever
s ~-._<< drrivtd, each ar.d every of w~::ch, ~t bcing e.p;essly ~nde~stood, is Y.c~e!;~ n~e;tgaged as if ~pec~fieatly Sef fwlh and deKribed in the gra~tiog and
h,'~ end~m c~auses harcof, and such Receiv:r.sfi.,li have a11 the br~aa a~~d eifec~ ve Ft~;~.ons and pov~ers in anywise e~truated by a Court to a Receiver, and
s__h appoinrmeot shali be made by wch Covr~ as an ad~nitted eQu~ty a~~d a n•attr~ cf absotute r~gAt to said N.OR)GAGEE, and without ?eference to the
-'~~-a~~~~Y o? ~nedeq~ac~ of tt:e value of the properry rr,errgeged or ro rhe senc~,cy o~ ~~:c,:vency of said MORTGAGOR o+ the deFer.dants, and that such
••~s, prof:ts, incoma, issues a~d revenue~ shal~ be ap~lied by wch Re:.r+ver auora,ag io the lien or equity of said MORTGAGfE and the practice of such
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8. To du!~, prcr.±pt:y aod f~i!y perfo•-r., discharge, eKecu?e, effect, tor.~,p;rte, co^~F,iy w~~h and abide by each and eve?y the stipulatiors, agrcements,
;,d ~:ons and cover.anrs ~n se.d ,L'70~111SSO~y note ar:d t~:s m.rt3age set torth.
~ 9. TF:at ir. the eve:~+ ene ov:n~rshlp of tFe n;cr?~aged pre.n~se~, or any p:rt th~~ecf, hecom.s vested in a perspn other than the M08TGAGOR, the
.:Ri:~AGEE, :+s s~<cessws ~nd ass~~ns. n,ay, v.:+hour r,ct:ce !o t're .Y.ORTG~~OR, dcat wnh such suaessw w successw in interest with reterence to this W
g=ge ar~ tiie debt he'eoy secv:ed in ri:e same m3f~~:~•! a5 ~~.~th t.~.orrg,gor w~th~u~ in any way vif:ating p? d~schergirg the Mortgagori liebilify hert 1(~
or upon tbe de6! he:rn~ secur :d ~b sa!•~ of th~ Frtr r.~ses h~reby rncrtgagrd and r.o fCrbearance on the part of Ihe MORiGf~GEE w its futtessws n~
:-s~~ns ar.d ro extzns~on of the !:n e f,^,r the ~.aymcnt of the debr h~•~eby secuird given by the 1~40RTGAGEE Or ib SuccessOn Or assigns, ahall Operale V
r~ re~ease, d~scF.alge, mudlfy change or afiect ehe orlg~n~l La~!:.ty of the N~iRfGAGOR herain, either in whole or in part. ~
10. It is spec:ficaliy agreed that time n of tne essence of ri:cs co~::racr and that no waiver o( any obligst~on hereunder w of the obligation st '
~ cv•ed hereby shat~ at any ti~e thereaf:er be heid ro be a wm~er of the terrr,s hereof or of the i~srru~nent secured Feerby. ~1
~ I1. In aod:t~o~ t~ r~e ~o.e;o':~ ,.:ons~'~ pay:~,•nrs of p•~^c:,ai and ~~:~ares! .egu„rd by the prom~swry no!e secur~ hereby. mortgagor eovenants ~
d ao~ees lo nay to mort~ag=e wirh each mon}h:y payr :em bn add ~7ona1 svrn •_shrnated by mortgagee ro be equal to 1, 12 of the annua) cost oF the follow-
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' A-A~t reai property ta,crs tev~ed o: assesscd ega~•,st fh~ above desni~ed re,l estau. ~
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~ B--Prc:c.u•r.s on fne and v:ir.dstorm ~nsurar.ce as i~ere~r, reqo:red to be tarricJ cn :lae improvements situate on the above described premius.
C-Pre:-~~~«~s en ~uch mo~r;;ge gua~a*ny icswa•.ce as ~no•tgag~e sF.,;1 trc~c r rne ro rime deem fit to carry on the loan secured hereby. ~
' %ro~t3agee sh;~. ?;om v6~e ro r~:.;e no;:{y mertya~or ~n f.r~r;ng of the a^ ou~t du~ and payable hereunder and s~ch surn shall thereupon be due and ~
' on ~h~ dor cia~e of r'r,~ ne.r mcnth;~ payment ar.d e~ch s~ccess~ve ~r.o~:th thereaiter ur.til mcrtgagee shall notify mortgagw of a change in suth ~
,.;nr. Svcfi sv~ns s*a:~ be apptied by mcrtgag^e to:.a•d the paymen: of reaf property ta:es, insurante prem:ums, and mortgage guaranty insurance
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IN L'11T?:ESS WHERcOF, t~:e sa~d irivR:vr,i,OR has hereu~to set his har.d ar.d s~al the day and year first afqesaid.
' igned, Sealed and de!ive.ed in the presence of: r~~~j~~8 ~ ~ ~
- falEO 1E ~.OU1~Y fl.w- _1 l ~~iZCY ~an
- 5T.1.UC
. _ rlE ` .:U}1~ CGURi ~Sea4 ~
~~L!~Q.L~~_ L~/ F-~n~F~. -~ED! cses~) ~
~ ~ ~'"1 _ (Seal)
':.TE OF fLORIDA ~ 21i ~
' ! u. 31'~''?'29
i ,,..-Y oF ---~t~ Lucie--- - ~
~ Before me personaiiy appcared Cat01 CaYZ~ a single 3d121ti
' - ~hirwife-to rt+e well known and known fo me to be
~ ~,~d~.id~a1 descri6ed '+n and who exec~~ed the foregoing instrumt~t, end acknowIedged before me thatShe executed the same for the purposes
e:n expressed. drxi.aha.s~i1--.~~~__ _ _
..~~of tb~~a+d ~:~____..~~_~~~_~_~~..~~~-..ti..~~~~~~~~~~~..~~~~~~~~~~..~~~~~..~ Pp? ~W
~ o ~t rN~ ~
, .:•.:s~~cat~~by.w~r++ww~~sr«r«~~srt-f~o,+rl+er-seld~ifoaf,er+d-atk+iv,wledged-ts'nd-fxfere~we-~iu?~1»<wewleJ.s«ii~MrrrwM?foecip-swd~wMnr-
1~yI~Y~W~iFwW~rYt~OA1'U~NOr?,~[MUt~ais*~?nP~L'~~ r~r~ a~o~er~frvarfier`aaid~asband~
iY11CiE5S my hand ard offiual seal th~s ~iT
~ie~~tl.L _ day of. ~ teII~Cr A. D. 19 75
No Public in and for p State of Ffwida at large ~
My Commission expires: ~~f,y~j ~.S ~ ~f/ j
Rerurn To: ~ Q
F;rst Federa~ Savi~~s a Loan Associat:on
::le:t:.
Of Fort Perc~. t '~1;. -
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Fo~t Pierce. Ficida
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This Instrument Prepared By J. Hal ROberts~ Jr. ' df11,'~
First Federal Savin~s & Loan Association -f y~'
of Fort Pierce~ ~ozida 33450 b~.-~ ~ y c'-
Vl~ i~ ~ ~ .
.,,p ~'~~i ~~~r~.~••~~ .
Checked By -c~7 • '.'1 .
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~ 60~~244 ~ 456
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