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To pl~c~ tod cwvinuou~ly keep a~ 1M builJ~ny~ now o+ M~~d1~r uw~t~ oo ~~~d land and a+ ~It ~qui~.+~n~ u~d p~~w~+ally cowr~d by ~ht~ mor~ ~
p~, wilA ~II p~~miwn~ 1Fwtw~ p+~d in lull, fir~ insuiant~ in ~h~ v~v~l ~t~nd~rd policy tam, in • 1um approv~d by tIN MORIGAGEE. ~nd wi~tpm
in~ur~~ct In ~M uival ~und~rd pol~cy fa~n, i~ • su~n approv~d by the MORiGAGEE. in ~uch com{»~y or compu?ia N tM MORTGAGEE m~y
du~cl~ ~+~d ~11 (u• and w~nds~orm I~~ur~au policiaa on ~ny o( ~~id build~np~, ~ny inl~r~~l IM~~i~ a~11 IIN/WI, In IM ~pyr~pa~~ ?wn ~fa~s~fd a..
In ~at~t~ Iher~of, tMll contain ~i+~ usu+l ~twsdud matga9~~ claus~ o~ tuch o1Mr cl~uN a 1M Ma1p~qN m~y rpu~r~. mdirp 1M low v~ a~d po~F
ci~f. each ~nd ~vay. p~Yabl~ to ~aid MORIGAGEE ila in~era?~ m~y ~pp~~~, ~r+d ~at`~ and ~w~y tuch policy ~hall b~ p~omplly ~q.pn~d ~nd d~liwr~d lo .
~oy h~ld by iud MORIGAGEE ~s iur~Mr ~ocu~iiy to s~id rnw~Qay~ d~bt, ~nd. no? I~a 1Mn t~n q01 d~ys In ~dwnc~ ol ~M s~p~~~~~a? 01 ~+ch poGcy, lo d~
IirM fo a~id MORiGAGEE a ren~wd thereof, tope~Mr with • rxeipl fa tM pr~mium of tuch r~n~w~ls •nd Ih~r~ ~It b~ ra 1~r~ a wind~lwm Ie~w~RC~
pl~c~d on ~ny of s~id bvildinqs. ~ny inleresf th~r~in or p+rl 11~~rwi, unl~u in tM for~n ~nd wi~h ~M Iw~ p~y+bl~ ~Ia~uld~ ~nd M IM ~wM ~~y swn ,
of money becom~s pay+We urxbt such policy a polKi~~ aid MORIGAGEf ~h~ll Mw ~M oplion ~o r~tuiw snd spply 1M Mn+~ on ~cco~nl of tM ind~bl~d '
neu ~ecu~ed M~eby a ~o permit taid lV1URiGAGORS to rectiv~ ~nd uN il p any parl the~eof lor o~lwr yurpwr~, wllhout th?~eb~ w~ivi~~q u nnp~ir•
inp ~ny aqvity, lien a riqh~ under a by virtw of Ihis nwrly~Qei ~nd i~ ~M evs~~ s~id MORiGAGORS sMll (a ~ny r~~wn (~il lo kNp 1!N ~~W p~miN~ w.~•,~
kuvred, q(~il ro deliver p~omptly any of ~iid policies of ins~ranc~ ro ~~~d MQRTGAGEE, w lail promp~~Y ~o Wy lully a~r pre~n~um ~M~+fa a tn M~~ '
r~~pact (ail ro pa~wm, dischuge, eaetute, d(ect, complets, comp~y wi~h and ~Wd~ by thi~ wvonant, p~ny p~rt hww1, uId MORTGAGEE rn~y p~ap ~n0 ~ ~
paY (w ~uth IniurMCS a~ny part th~~eof wi~hoW wafvi~ ot ~f(ecfiop u+p option. INn, pvity. a riphl ~odN a by virtw ol thi~ Matap~. ~nd IM ~
full amount of each ~nd ~wry such p~yment ~1+aii b~ immedi~roly dw :~.d µsysu+s s: :;'.:r'! 4+~+~~ iotera~t }~om IM d~h ~hereof vnti) paid N tM r~h o1 .
nin~ pN ctntum pa ~nn~m encl togetMr wi~h such inlorast ihall Ga sacured by IM tiM of 1F?if mwtyps.
1. To pamit, commi? w wftK no wa~e~, impairnxnt a d~terior~tan of said p~o~ty a~oy parl 1l+~r~of.
S. To pay dl ~~d uryulr ~M costti cMrqes u+d ~xpen~es, +ncludi.q • r~~w~?~bh ~nwn~y'~ f~s u+d cosb ot ~b~tr~cu of UH~. fncurnd w pald H ~
~oy tfm~ by ~+id MORIGAGfE, bet~us~ a~n tM ~v~~1 of th~ failure on th~ parl of ~M ~aW MORiGAGOR to duly, promptly ~nd fvlly p~rlotn~, d~~charq~, .
•xecute. ~Iteu, comple~~. canply wnh ~nd ~b;d~ by ~~ch ~nd avery the ~tip~l~t~on~, agre~menn, co~di~ions. ~nd cownant~ ol Nid aomisso~Y noN ~nd thw
mortyp~ ~ny a e~ther. and a~d costs, chary„ and ~xpe~e~. ~ach ~nd ~wry, ~MII b~ knmedi~tely due ~~d p~y~bN: wMtMr w no~ th~r~ b~ no~iu d?
msnd. ~ttempt to co!lecl w suit p~nding; ~nd ~he full emovnl of esch ~nd tve~y tuch paym~nl shall Lear Infar~sl (ran Iht d~t~ th~rwf untll p~k! H tM
rate ol ~i~e per cen~~m µer «~~wur, ~nd all ~~id cosq. ch~rgn a~d eapens~f i~ewr~d a paid. 1op~IMr w~tA ~uch inlt:~N, ~lull b~ wcu~~d by th~ IiM ol thq
mor~pay~.
6. That (a) in the ~wm oi ~ny Me~ch of )his Mo.ipsy~ w defaul~ on th~ part ot ~M MORTGAGOR, a(b) in tM ~wM ~ny o~ u~d ~um~ of mon~y
herein r~fH~~d ~o b~ not p~omptly ~nd fully paid within thirty (30) days n~xt a1~e? 1M a~+s s~w~~lly bscom~ dw ~nd p~y~bb. wilhovt d~rn~nd a eotK~. ;
or (t) in ~M ~wro exh ~nd ~~ary the st~pulai~ons, ayreern~n~i. cond~~~ons and coven~~n of ~a~d promiswry noN ~nd ~h~~ matpp~ an~ a eNher ~n no1 i
luly. promplly fully psrfwmvd. d~ul~ar~ed. txecuud, dfxtsd. compl~ted, complNd wiih ~nd ~b~ded ~y. IMn in ~ithM or ~~y ~uth ~wnt tl» N~d ~ ~
yreq~t~ sum mentaned in t~id promis?wy note then remsininy unpaid, with inter~~l ~tcrued. ~nd •11 moneys sKUr~d Fkr~by. ~MII bKOn?~ dw ~~+d p~y~ i
~bl~ forthwith, or there~iter, th~ ophon of ~aid MORiGAGEE, fully ~nd complNely ~i i1 •II of ~l» w~d sums ot ma+~y vwr~ apin~lly siipul~ted
fo bs pe~d on such dey, a~ythinp in sa~d prom~~awy noro w in Ihis Mortgpe to IiN contra?y notwithst~ndinp; •nd the~wpon o~ thet~altsr at tM option o~
~aid MORTt3AGEE, w~+1au~ noric~ o. denNnd. ~u~t d I•w a In aqui~y, ~herda. or thereatr~. b.flun, m~y bs' prw~cvted u if ~1) mon~y~ Ntw~d hN~by
had malurad pr~or to ~ts inslitutan.
7. lA~t io the evc~t tha~ at the beginnirg of or at •ny time pcndiny any suit upon this Mortflag~, or ro~OfKION H, or to r~form N, o~ fo ~nfaq
payment ol ~ny claima hereunder, said MORTGAGEE sMll apply to the Cout1 havinp ju~isd~ttion ~hereol (ot Ihe ~ppointm~~t of • R~caiver, such Co~?t siull
Forthwith ~ppoint s ~eceirer o~ aaid morlg~Qed property al) ~nd sinyu~~~, i~clud~np sll •nd sire~u~ar the incoms, p~ol~tf, IssvN ~nd r~ve~v~a iran what~vp
sou~ce derived. eath and every oi which, i1 beinp expreuly unders~ood. it he~eby morlgagtd as if apac~iiully wl (a16 ~nd d~tuibrd In tM yr~nlinp ~nd
habendum clauses hereof, and such Rtceiv~r shall Mv~ ell Ih~ txwd and ~ff~ttiv~ funct+oni ~~d powen in ~nrw~s~ ~nlrut~ed by 1 COV~f t0 ~ RK~ivH, ~nd
~uch appointment shafl be msde by such Court ei en admit~ed equity ~nd s nwner o} ~bsolute riyhl to t~id MORTGAGEE, ~~d withoul ~~Itrtnc~ fo fM
adeq~acy a insdeqwcy of ~he v~tue ol tM propeity mwtyag~d or lo tfie solvency w msolvency of ~~id MORTGAGOR a tlw deftndants, ~nd ~hat tuch
ron~s, prolitf, incane. ~siues and revenues sMll bt ~ppl~ed by such Recerve~ ~ccorJmy to th~ liao w puity o( said MORTGAGEE ~od IM prKtit~ o} ~uch
Court.
8. To duly, promptly and fv1ly perform, dixharge, execute, efiect, complete, comply with ~nd ab~d~ by e~ch ~nd w~ry ti» s~ipu~~~ions, pr~w~ri,
conditani and coveoanb in sa~d pranissory not~ and Ihit mortgsg~ sof fa~h.
9. That in the event the ownership ot the morlgayed premises, a~ny put thcreo(, become~ vetted in • ptrton otha than t!k MORTGAGOR, th~
MORiGAGEE, i~s wccess«s and asi~yns, may, w~~hout notics to ~M MORiGAOR. deal wi~h ~vch succ~swr w suues+w i~+ intere~t witt~ r~te~N?c~ b 1hb
mwtysge and the debt hereby secured in the same rnanner ea with Mortgeyo~ w~Ihov1 in ~oy way viliHinq or dixMrpinp tF» MOrtywor~' li~bility h~rr
under a upon the debt Aereby secured. No ssle o/ Ihe premiscs hercby mortgsged ~~d no forbe~r~nu on IM put ol 1M N1pRiGAGEE w its iutu~son
or assigns and no exre~s7on oi ~he timC (a ?he peynxn~ of ~he deb~ he~eby accured yive~ by ~M N?ORiGAGEE or ib ~ucc~ssas a~~sipns. ~lull ope~~~~
to releasa, d~xherge, modify cher.ge w affect the originel liabibty of ehe MORTGAGOR hsre~n, eitMr ln whole w in Wrt. '
10. h is spec:iically agreed ~ha~ ~ims ii of the euence of thi~ confrac~ ~nd th~~ no w~ivK oi ~ny oblp~tion Mrew~der or of IM obltpN{on sr
cwed her~by shdl •t •ny time therea(1er be held to be s waivr~ of !he tecmf hcreot w of tM in~trumenl secured herby.
I1. In adJ~~ion to the fwego:~x~ montMy peymenrs ot princ'pal end inre.est ~equ~red by the prom,ssory nots ucur~ hereby, mortpayor tov~nanh
end a9roe~ to pay to mortgagee w~th each rtwnlhly µty~nent sn add~~ionsl svm est~m~~ed by mo~~yp~e to be equal l0 1/12 0( tM ~nnv~l cwt of ~M iol{ow-
ing:
A-A~I real propcrty laxes lev~ed or asseased agai•~st tht above dexri!~cd real estate.
B-Premiums on fire and windsto.m insurar.ce as hcre~n requ~rod to k» urricd on 1he improvement~ situate on tFw ~bove desv~bed P..m~s.s.
C-Premiu~ns on such mu~tgage guarenty insurar~ce as mortgagee sh~ll from t~me ro Iime deem lit to ur?y on tM ba~ ~ecu~ed her~by.
Mwtgsgee shall from tJrne to tfine notify mo~lgagor in writing o( the amo~~t due snd psy~ble hettunder ~nd tuth s~m sh~ll t1?ertupon b~ dw ~nd
i pay~ble on 1F~e due daee of the next monlh:y payment and eath succe»irs mo~~h therc~iler ur.til mOrfgp~e shall nolify morlyayp ol • thanp~ in iuth
i amount. Such sums aFall be apptied by mortgayee towa~d tFx payment of red proper~y t~:es, insursnce p~em.um~, ~nd mort~ay~ ywr~nty iiuvr~nt~
~ premivms. ~
E IN WITNESS WHEREOF, the said /+M1ORTGAGOSt hss hertunto set his hend ~nd seal tM day • e~r afa~' . ~
t Sipned, aled ed in the presence of: -
f ~ ~ FilE4 t.~., r:iG~~
.q
~ _ , , ' ~ r ~ bt ~ k~~ ;E ~'..Ht~~ n
~ _ ~.;-~~?^co~wT cs..n
,
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y~ STATE OF FLORIDA ~ T Z
~ ~ ~ ~18~_9~
CUUNiY OF --__ct. L.LCie _
Before me personally appesred ~O~i1'~' F. $Qi ~iRt'
~~~_C• ~itgt hi~ wife, to m~ wdl known ~nd known to m~ to b~
fhe individwts described in ~nd who eaecutcd the ioregoinp j~i
slrurr» t, ~od ~tckrwtwltdped btfor~ rn~ 1hd tMy ~xecutsd tFN ~om~ fw tM p~rrpoNs
therein upaeased. And ths seid-._--- -
~;~re of ..~d _ Robert F. Boitet . ..P.?.r..~d
e.am~natwn by me tske~ ~epsrs~~ and api~t (rom ho~ said hutband, uknovJ~ed to and b~(or~ m~ tMt ~M ~xacuted uid imtrum~nt (rNly u+d volwr
rar~ly and w~thovt any tompulsion, constromt, apprehens~on, or ~ear of w from her add hu~band.
WITNE55 my hand ~nd offici~l seal th~s______~ _ day of~_ ~t'O~r A. D, 1q 75
. . . . . ~K~'>~C.C~t/
J STAT E~-'~ F LG
F? 1 CG ~ ~'~Ot~ry blic in ~nd (w tM Sut~ of Fluld~ ~t Lup~ -
~ ~ • My mis~io~ ~xpires: ~ li ~ 97~
UOCUMEtJTARY--~'~--°• SihMf' Tt~r ~ ~
~ ,.,,:u~i:: ; 3 : : C; fL7: ~ Li~'.-
J ( ~
oy r~ ;1EPS fif
REYEhU~ c;~'~`~~'~ ~ •~~'i?",•
~ z,. _ _ ~F •-,!A C'~''i•~~:.:K~J~J~11iESh~JG.6 1979
~ dGT -?'7St. ~ls+ t 1
•ic~ P~. l_,~r~ ` ~:J. ~ O ~ ~ r~ `t v~~•~F~{U I~i::i~ C~'~fL~.t INS. l3NCJERWR~ f~S
~ ~ Q :IIQ?` _ ~ ~ ~ . 1,~ ~ . .
~ • ~
4 •
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This Instrument Prepared By ~n'm. E. Braun =1'-,' ~
~ First Federal Savin s b loan Association ='~Y., r `
~ of Fo
t Pierce , Florida ':;+h~
~ „1j5;?i,.~~' ~ d001c PACE 1
~ °R244 1 40
p Checked By ,Q~ - -
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