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To pl~c~ ~od cont~ououily k~~p on tM bu~,dinps now a ha~~ttN u~we~ on ~~td I~nd ~nd on ~11 pu~pm~e~ ~nd pawnally covN~d by th~~ ma~¢
ap~. with ~11 pr~miwm tMrwn p~~d in full. fir~ insur~nc~ in ~M utwl ~~andud poliq fam. in ~ wm ~~ov~d by 1M MORTGAGEE. ~nd wi~tan~
inwr~e~c~ in tM viwl n~nd~rd pot~cy fam. tn ~ wm ~pprov~d by rl» MORT~3AGEE. M wch canp~ny or comp~~ih N tM MORiGAGEE nay ~
dinui and dl fir~ ~od w~nd~arm In~ue~ne~ polki~~ on ~ny of NW EVIW~f10~, My if1f~/Nt II1N1111 0/ pNt ~MI~O~, M IM pqrpat~ wm ~fot~s~id w
In ~xcsa IM~w}. ~MII cona;n fM wual sandud mar9apN clwN a~~ch ahK clwN ~s tlr~ MaropN m~y rpuin, makfnp fM los~ w+dK a~d po~F _
cIN. ~ach ux! ~w~y. p~Y~b1~ a s+id MORTGAGEE as iu int~rat may ~pp~ar. and Nch ~nd ~v.ry wch poucr ~hall b. pranWly .s~:pn.d .~d d~livHed a.. .
any MW by wid l~AORTGAGEE ~s furN?K s~cvrity lo Nid mortpap~ d~b~, u~d, not I~a ~Fwn tM (101 days u+ advux~ of tM ~apk~tbn ot ~~ch poltcy, to dr
(IvN M saW MORTG/?GEE ~ r~w~l tMrwi. top~d+K wl~h ~ ra~ip~ fa tAe pr~miwn o( wc6 r~new~li ~nd fl~e ahall b~ eo ('u~ w wlod~~am Mwr~nc~ ~
pland on ~~y ol uld bu{Idir?qs. N+y Im~r~al tn.r~in a put thK~of, unl~u la th~ lam ~ad with ~M lou p~y~bt~ a a(w~s+Id~ N+d M tM ~wM ~ny wn~
of mpney b~corms p~y~bb w+dK wd~ polity a policY~f Nid MORTGAGEE thall !?~w IM opfio~ to nuiv~ ~nd ~pply tM ~ on ~ccoun~ of IM ir~b~ed~ .,;a
mu wtvrd Fw~~by a w p~rmil s~id MORTGAGORS ~o ~~aiw u~d us~ h a sny parf ~h~r~of fa oti,e~ pu~posN, wi~hout thNeb~ waivinp a unpak• N
tnp ~nY pu~ty. IiM w tiphl w~d~~ or bp vlrtw of Ihis mo+tp~pr, and in 1M ~wn1 s~id MORTpAGORS ~MII fa ~ny ~~ason iail to kNp tM said W~mItN ~o
kiwnd, or fall b d~livK promptly ~ny of saW polieF~s of Ieuv~MC~ ro acd MORTaAOEE, w(dl promptly to pay fully ~ny pranivm th~nfa w Itise~
niprcl fail w pata~n, di~chu~e. ~:~tuq. •ff~ct, compf~t~. oomply with a~d abld~ by Mi~ oownanl, Of My~ ~rt I1f~lO~, s+id MORTGACsEE May plsp ~r+d
paY fw sueh le~wra+e~ a a+y pan th~rwf withou~ w~Ivinp or ~f(Mtnp any optio~, II~n. ~qviry, or ripht ur~ a by vktw of thls Matpay~. ~~d fM
full ~rna~nt of ~ach ~rd ~wry wch payment shall b~ imm~di~t~ly dw ~nd payabl~ and ~l+atl b~u inter~s~ trom tM d~t~ ~Mrw( voHl p~fd ~t tM ra~~ of
~iew pK antum p~? ~rxwm a~d ~oyetM~ with suth Mtere~t sh~ll b~ s~cv~sd by tM lia~ o( this mortppt.
1. To pumit, comnit or su(tN no wast~. Impairment w d~feria~tion o( said propKty w any put tM?wf.
S. To p~y dl ~nd sinpvla~ tM costti ch~rp~s ~nd ~xp~nNti iecludinp • r~asonabh ~ttornhr'• f.. .nd w~n of aMn~cn af Ntl~, M~cvn~d o~ pafd ~t
~ny time by uW N?ORTGIIGEE. b~caua~ a in th~ ~wnt of IM (ailw~ oo th~ psrt of th~ uid MORT(3AGOR w duly. wa,?P~N «d f~Uy P.rio.r~. d~.ch..q.~
~x~cu1~. effect. oompl~b. oomplY w~th ~s+d ab~d~ by ~ach and ~wry th~ s~ipulations. pre«+»nn, condittaw and oow.unn oi uid p.omi~wry rwt~ a+d ~hH ;
mwtpap~ u~r or ~itlwr. and uid cos», cMry~s ~nd ~xperu~~,•~ach ~nd ~wry, sMll b~ ime»diately dw Md payabl~j wM~Mr a not thK~ b~ earip d~ •
msnd, att~mpl ro coll~cl a wit p~ndinp; ~nd tFw ivll amount oi each and ew.y ~„ch p~~men~ ~hall b~u int~n~t fran ~M daN tlwnof ~nt{I p~W ~t the '
rete of nin~ pN ce~tum psr uinv.m; ~nd ~11 said coits, charp~a a~+d ~xpensN i~cwr~d w p+id, top~tMr with wch inqrpt. ~Mtl b~ Nn+r~d by the IiM of thN
^nortpap~• ~ -
b. ihaf In th~ swnt of any b~~~ch of ti~i~ Matysp~ w d~favlt on t!r pa~t o1 th~ MORTGAGOR, or (b) i~ tM ~wr+~ a~ of ~atd ~wra oi ma~y
Mr~in nf~rr~d w b~ no1 promptly- ~nd fully paW within thirty (3p) d~ys neat ~ftN tM ~~me ssvKalfy baan~ dw a+d payablt. wllhout d~mand a ~otic~.
a(d b*M .wer ~ach and .very ~M uipular~ora, ap...m.nrs, w~d~~ans and cov~n.nn of. a.~d promtuay na~ Rr+d fhis mortp~W aM a~i~ha a~ nol
~u1y, promptlp ~nd iully pNfwm~d. discharp~d, ~xecut~d. ~ffeded. compl~ted. complied wi~h ~nd ~bid~d dy. tMn in ~flhM w~~y wch ~wM 1FN s~id p~
prpaq swn m~nYanad in uid promissory ewtt then r~mainirp ~np~id, with iMa~sl ~ctrued. and all mqt~y~ s~t~r~d Mnby. sh~ll b~tan~ dw s~d p~y-
abl~ forthwith, a ~MrNfter, at th~ option of s~id MORTGAGEE, as fvlly a~d comple~~ly ~i If ~II of ~M uid wms of moMy wsr~ apinally atipul~t~d
~o be paid on a~?ch day, anythinp in s~id promisswy not~ w in thi~ Matpa~e to tM com~~~y norwi~httu+di~pj and ~hKwpon w t1+~r~ahN ~t Ma op~ion of
•aid MORTGAGEE, w~thout notic~ a d~mand, wit ~t law w ln puity. tMr~ta~ or the.~after bpun, may b~ prw~c~t~d u if all moeNy~ Nevnd hKSby
Ad m~tvnd pr~w to in Irulitution.
7. TMt in N» event thst ~t tM b~yinninp of or at aey tim~ p~~dir.p ~ny s~it~upoei thl~ AAonpp~, or fo for~eloN M, a ro nfo?m It, w to ~nfora
rvym~nt of ~ny ct~ims he~e~nd~r, Mtd MORTGAGEE ~hdl ~ppy to tM Cowt haviep jw~sd~ttlon ~Mrwf (or 1M ~ppoiatm~nl of a R~qIvN, wch Gourt ~hall
fatowhh ~ppotnt a ne~ivN of uid mort9p~d prop~rtY ~11 ~nd sirqut~r, inelvd+r~ s~ aod ~Inpular th~ inennN, profiq. hwN ~nd rtwew~s from what~vN
sovrn d~rived. ~~nd ~very of wh~ch, i~ b~inp ~xprsstly ur?d~rs~ood, is hereby ena~p+ped q i} ~p~citically a~t fath and dauib~d in tlw p~+ntinp ~nd
Mbendum cbwn her~of, ~nd such Rsceiver stiall Mw ~II ~M broad and QHKfiv~ fw~cewns N1d pOWff~ M MyWiN MNVl1fd ~ a COW~ t0 ~ RKOIWf, ~nd
~uch ~ppointm~nt sl?all be mad~ by such Cowt es ~n admi~tcd eq~ity and ~ m~tt~r of ~b~olut~ ripM ro said MORTGAGEE, ~nd without nfennc~ -to 1M
~dpuacy or inadpu~cy o~ tM wlw of th~ property mortyap~d or to tlx wlvency w insolve~cy oi said MORTGAGOR a th~ defendann, u+d ?hat such
ren», profiM, lncome, hsws and r~wnw~ ~+11 b~ ~ppli~d by ~uch R~ceiver ~ccordinp to tM li~n or eqvity of said MORTGAGEE and tM pactict of wch
Cawt. -
8. To duly, promptly and fully p~riwm, diuhary~, ~xecute, effed, compltte, tomply wilh ~nd abid~ by ~ach ~nd ~wry tM sfipulations, ~pr~nb,
conditiora•+nd covenann in said promiuory not~ and ~his mortyay~ set fwth.
9. That in tM ~vent tM own~rship of tM no.~yped pr~mi~. w~ny psrt thaeoi, becomn ve~t~d M s pawn otka th~n th~ MORTGAGOR, th~
AIIORTGAGEE, iN iuccessws ~nd auiyns, may, wi+ho~t naic~ to tAe MORTGAOR, ded with svch svccNwr p successor i~ G+t~r~st with. ref~r~nce Io Ihi~
mortpps a~d tM deCt Mreby s~nx~d in tM sarr» marr~er ai with Matyaya withovt in ~ny w~y vi~iatHq a di~tM~pinp tM Morty+pon' Ilability trr?
und~r or vpon th~ debt hereby secwed. No ial~ of th~ p~~mises hereby mort9~ped and no iwb~~r~nq oq th~ part ol th~ N10RTGAGEE a It~ waeswn
p~ssigra and no ~xteniwn of the tfine fw tM paymeM of IM debt her~by s~cured 9iv~n by tM MORTGAGEE or iri a~cc~~wn a auipn~, ahafl opa~t~
ro re1NS~, dsch~rp~. modify chanp~ p~fi~ th~ orpind li~bil~y of the N10RTGAGOR !»r~in, ~ith~r i~ whol~ a tn p~rt.
10. It is specificslty agr~ed th~t tim~ is o/ tM essence of 1hi~ contract ~nd that no w~iwr of any obliy~tion haw~der w of th~ oblip~tion ~
cwed l~eby sMtl ~t any tim~ thereaftq b~ held to M• waiv~r of tl» ~erms hereof a oi rM (mtrvm~m wcw~d herby.
I1. In sdd~sion ro rh. forpo:rg monfhly p~ymenti of princ:pd ~nd inrereit required by the promiuory not~ secursd Mreby, mortyapor cown~nts
and agreo~ to psy to tnortyag~e with e~th monthly payment an addi~~onal cum estimsted by mortyayN to b~ ~qwl to 1 j12 of tM annw{ cw~ ot 1hs folbw-
in~:
A-All real p?operfy t~xts levied or assessed ayaln~t th~ abov~ described re~l efut~.
B-Premiums on (ire and windttorm i~»u~ante as here~n requ~red to be urried on the improvement~ tituat~ o~ tM abOVe d~fuib~d pr~mi~N.
C-Premiums on svch rt+orf~ay~ yuaranty insur~nce as ma~yape~ ~hall from time to tim~ d~een fit to urry on th~ ban secwed h~reby.
Mortqagee ahall from time to tim~ notify mortgayor in writ~np of tM smount due and payabl~ herwnd~r ~nd such wm tMll thereupon M dw and
pay~bls on tM due date of ~h~ next monthly payma+t and each successiw month thereifte~ unril mortppe~ shall nofify mort~apw of a ch~np~ fo wth
'I ~mount. Such sums shall be ~pplied by mortya9e~ toward th~ payment of r~al propeAy ta~c~s, intuante prsm~ums. ~nd morfy~p~ pwranty imur~nc~
prfmiwnt. •
IN WITN , the RTGAGOR ha hereunto Nt his h~~d and ~e~l tF+~ day snd y~ar flnt waald.
~ d~ti ~d 1 ~ ' -
faE~ syt^ ?:_cu~aEO .p
SY ~uC~ ~ ..•»xTr FIA. ~
- ao:~ ~ : ~-Ras .n
CIERl~ t• COURT ,1
~frf„[. Yi ~ r ~ a2'O • 917g0
re..q
STATE Of FIORIDA OCj 9 3 Za PN'~`~ ~SO (~N.l
~~My ~ St. Lucie ~
d.f,,. m. p~,we,Uy.p~,.,,.d ~ William P. ManROld
~ ~ A Y' O 1 R. M a n g ol d his wife, ro rr~ vwll known ~nd known ro m~ to M
tM individwl~ de~crib~d tn and who ~x~cuted tta fwpanp irutrwrwnt, and acknowleda~d b~for~ m~ that tMy ~z~evtd the sarrr fa tM pwpw~~
.xa....d. a~d ~n. s~id C8I'OZ R. Mangold ~
;~if~ of tM wid ;7i 11 i 9m P~ MAng~ld , vpon ~ Npv~t~ and p~h~h
~x~muut~on by me taktn wpant~ ~nri ap~rt from her said husb~e+d. acluwwl~dp~d to ~nd Mfor~ m~ tl»t sM ~z~eut~d said tmrrum~nt fnely ~nd volv~+-
!arily and w~thout ~ny compulsion, c«atra~nt, ~ppreMnsion, or f~u of p from hK ~sid husb~nd. .~C
WITNESS my M++d ~nd oificid s~al Ihi: ~ th d~y of E' A. D. 19~L
N ry Publk in and fw tM SItl~ of florid~ ~t L~rp~
M Comtnia(on ~xpit~u
Retum To: itsJrY I'u~fie, SfvM of FTprido a1 (er~
Fint Feder~l Savinpt 6 loa~ A~sotiation C:r.,-,~:.:ior. Expires A,~ri) 1S, 197a
Of Fuf P~eKe. Gc nd.'d !,y ~~~..~_r::a;~ F~rs S Catuolty Co
Fo?t Pierce, Flaida
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This Instrument Prepared By J. N. Roherts ~ Jr. ' J i`'j~~;~ "
First Federal Savings b loan A:sociation
- of-Fort Pierce~ ~lorida 33450~ R = - ~'0~`-, _ ~
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6ooK~44 ~~~F1~60 ~~l~b J "j
Checked By I
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