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3. To plac~ and conti~uou:ly keep on ~he bui:d~~~gs now w he~ea(ta ~itua+~ a~~ said t~nd and on all equiprnenl ~nd ptrsonally tov~red by ~hi~ mwt¢
p~, with dl pr~mivms the~eon pa~d in full, lire insurs~xe ~n the uiuat sta~derd policy form, in a tivm ap~xoved by tM MORTGAGEE, and win~t~wm
insuranc~ 1n ths uiwl s~anda~d poiKy iam, in a s~m spprov~d by iha MORTGAGEE, ~n such compa~y o~ companiK as the MORTGAGEE may
d'ued; aod all (ire snd w~nd~~orm ~nwr~nce po1K~e~ on any of :aid b~~ld~np~, aoy iroe~est ~F+erein or part therwf, ie tM ~yyrp~t~ ium alwaiaid o~
tn ~xcets ~hereoi, slwtl cw+tain Ihe usual ~t~ndard mortyege~ clwie or such o~her ctauss a Ihi Mwtyag~ may rpui~~, makiny tM foss ~r~ sud pol~
cies, esch and eve~y, payabl~ to said MORiGAGEE as its intrrest may ippear, and each and ev~ry s~ch pot~cy ~hall bt promptly ~ss.flned ~nd deliversd ~o
•ny held by sa~d MORIGAGEE a~ fu~the~ securit~ to said morlyay~ deb4 and, no~ leu ~han ten (10) days in advanc~ of tM ~xpiration of each policy, to dr
liwr fo uid MORiGAGEE • renewal therr>f, to~e~her w~th ~ recctpt fo~ the premium oi such renewal; and thera shall b~ eq fir~ w windsto~m in~u~u+t~
plac~d on any of said buildinys, any intere~l tFwre~n or part Ihereof, vnles~ in the form and with tM los~ payable as efwesaidj ~nd in the event any sum
of mon~y becomes payabl~ under wch policy a policie~ said MORTGAGEE ~halt have tM optwn lo receive ~nd apply tM swne on account o( ~h~ Gxiebted~
nei~ securQd hareby or to permit said MORTGAGORS ro receive and uss it or •ny part thejeof la o~ner pwposes, wirho~t tharrb~ wa+vi~x~ w~mpair
Inp any equiry, lie~ w righf under w by virtve of this mo:!g~9e; and in 1he evem ia~d MORTGAGORS shall for ~ny r~ason (ait to keep the said prernites so
insured, or fsil ?o dtliver pranptly sny of said pol~ci~s oi in~ur~nc~ lo said MORTGAGEE, w fail promptly to pay fvlly any premivm 11?erefw q i~ any
re~pect fail ~o per(am, d~scha.ge, execute, ettect, complete, comply wiih and ab~de by this cove~an~, or sny parf hereof, uid MORTGAGEE may place ~nd
paY fw suth insurance o~ ~ny part thereof without wafving or a((adir?g any oprion, lien, equ~ry, or righf under w by vi~tus of ~his Mwtyag~. ~nd the
fult amoun~ of eath ar.d every iuch paymrm shall be ~mmedia~ely due bnd payabfe and shall besr iMerest irom ~he da~~ the.eof ~ntil pald the r~q ol
ni~e per centum per annu~n a~d to~ether with such i~~terest sha~l be secured by the I;en o( th~i mortpage.
I. To Fermit, commif or suf(er no we~te, impairment w doter~oration of said properry o~ sny parl theroof.
5. 1o pay all s~d singula~ rhe costs, cMrges and expenses, ~nciudir~ a reaso~able attaney's fee and costs of abstr~cts of title, ir+curred p paid at
any time by said MORTGAGEE, because w in the even~ of t1~e (ail~re w~ the part of the said MORTGAGOR to duly, promptly and fully perform, diuhargt.
e:ecu~e, ei(ect, comple~e, canply with and ab:de by ea<h and every rhe stipufe~~ons, agreements, conditions, and wvenanrs o( said promisso~y note ar+d ~his
mwtgage any or either, a~d said costs, ch~:gs~ -and eapense~, each and av~ry, shalf ba immedialely due and pay~ble; whether or not thers bs notice da
mand, allempl to coJlect o~ suit pendmg; and the full amouM of each a~xl every such paymrnt shall bea~ interest from ths date Ihereol until psid at 1he
ro:e oj n]ne per ccntum per annum; and alI sa~d costs, charges ant! expenses incurred or poid, together w~th suth in~erest, tF?~II b~ secured by ths Iim? of thi!
mp?1ga92.
0. That (a) in the event of any brcach of this Ma»gage or delault on tM part ol the IY~ORTGAGOR, or (b) in the eve~t any of satd sumt of monsy
herein ~eferred to be not promptly and fulty paid wi~h~n th~rty (30) days next a~eer rhe same sever~tly become due and payable, without demand or notice,
or (c) in the event each and every the stipviations, egreemenh, conditiona artd covenants of sa:d promissory note a~d th:s mortyage any w eitlxr are ~ol '
iuty, prompdy and fuiiy performed, d~scharged, exe:uted, effectrd, completed, co~,pi;ed v.~th and a6~ded 5y, then in either o~ any such eveM the said ag
gregate sum mentwned in seid promissory rwte theo remaining unpa~d, w~th inrerest acuued, ~nd all moneys secured hereby, sMl1 betome due and pay~
able for~hwith, or thereafrer, a1 ~he opnon o~ sa+d AtORTGAGEE, as fully aex! complcrety as if ail 01 thc said sums oF monsy were orig'sn~lly ~tipulated
to be pa~d o~ such da~, anyth~ng ~n sa:d p~om~ssory rwee or in th~s fAo:tyage ro rhe comrary no~withstarKling; and ~hereupon a thereaher a~ the option of
said MORTCaAGEE, wirhout notice or demand, sun at low or in equity, the~efo~e o~ thereaiter begun, may be prostcuted ~s if all money iecured hertby
had matvred pnor to ns i:~stitu:~on.
7_ That in the event that at the be9~nn:r.g of or a? any t„ne pendir.y any iu~t ~pon this Mortgage, w to foreclose it, w fo refwm if, w to enfo~ce
payment of a~y ciaims hereunder, so~d !d'JRTGAG:! shall eNp!y to the Cour~ hav~,,g ~ur~•.d~ction thereof tor Ihe appointment of a Reteivet, such Court shall
for!hwith ap~:m a rece~ver oS sa~d mmtg.~g~~d proP.~,fy a!! a~d ~;r~u!er, i~~cl~d:ng a~l and singu:ar the income, profits, iuues u+d revenues from whatever
source derived, ca:h a~d every of wfi:ch, it be~ng express~y unders~oud, ii hrreby rt.c~tgaged as if speufically set fwth and deWibed in the yraroiog and
habe,.tlum clauses hereof, and such Receive~ shall haye ail the broad end effect~ve fvncs:ons a~d powers in anywise eMrusted by a Court 1o a Reteiver, ~nd
wch appoimment shall be made by such Court as en ad,nitted equity a~d a.-wttcr oi absc".ute r~ght to sa~d MORTGAGEE, ar?d without ret~rence to the
edequscy or inadrquacy of the value of tF~r property m.orrgaged or to ~he ao.vency c. r.soivertcy of said MORiGAGCR p the defendants, and that such ~
renn, profits, income, issves and reven~es shap be app~~ed by such Rece~ver accord:~~g to the Gen or eq~ity of said MORiGAGEE end th~ praclite of such ;
Court. ,
8. To duly, prompt:y and futly ~..crform, d~scharge, exec~te, efiect, compiete, ccmply w~th and abide by each and every the stipulatioru, ~graements, ;
conditions and co~enants in sa~d promissory nore ar.d ~h~i mortgaye set (orth. ~
9_ That in the event the ownership of the mortgaged prensises, o~ any part thereof, becomes vested in s person other thao the MORTGAGOR, the
N.ORTGAGEE, its success~rs and au~gns, may, w~:hou~ r.o~.ce to the ,Y.ORiGAOR, dea! w~th such successw a successor in interest with referente to this
mo~~gage and the d~bi nereby sec~red in the same rnartner as ,a~th Mortyago+ w+thout in any way vifiating o~ d~uharging the Nlwt9agori liabi~ify hert -
under or upon the dabt hrreby sec~~ed. t~o SJfP of t?~e Frrmises h.•reby mort3aged ar.d no Forbearante on tfx part ol the J110RiGAGEE o? its succesaors
or assigns and na extens~on of :he ti~r.e for thr paymtn+ of the debf her~by secured given by the MORTGAGEE or itf fvaeuors or auig~, shall operate
ro release, ducharge, modily chan9e o• a!fect tF.e or~g,nal liaoii~ty o1 ~i~e MORTGAGOR herein, either jn whoft or in pa~t.
10. It is spec;ficalty agreed that time is of the e:sence of this contrad and that no waiws nf any obGgation hcreunder a of the obligation se-
cured hereby shali at any time thereafter be he:d to be a waiver of the ferms hereol w of the instrumeM secured herby.
11. In ad:l.~ioa to tfie fo:ego:ng nonth'y p~y:nents of p~~nc'pal end inrerest required by th~ promissory note secvred hereby, mortgagor covenaats
and ag~ees to ~ay to murtgagee with ebch monahty paynzero an sdd~r~onal sum es'~:r.ated by mortgagee to be equal to 1~12 of tFx annua) tost of the follow-
ing: ~ . . . . . . - ' : i
i
A-A!1 real property taxes ievied or assess~-d eyei•~st thc abave described real esTate. ~
i
B--Pren:t~:ns on fire and w~ndsi~rm insu:ance as herei~ .eq~.red to be carr~ed on tbe improvemeats situate on the above described premises. ~
C-Premiums on such mortg~ge guaranty insurar~ce as mertgagee shall !rom time to time deem fii fo carry on the {oaq sec~red hereby. ~
! Mo.tgagee sha:l frcm time to time not~fy mony-agor in writ~ng of the a~•oum dve and payable hereunder and such sum shall thereupon be due and y
~ ~ayabfe on the doe date of the next mo~rh!y payment and each successive mo~th !~ereaiter ur.til mortgsgee shall notify mortgagor of a chanye in such
amounL Such sums sh~:l t3e applicd by mortgagec toAard the payment of rer! prope•ty taxes, insurance prem~ums, and morigage guaranty insurance
p: emivms. '
IN WIT~iESS VrHEREOf, ihe said MORTGAGOR has hereunto set his hand and seal the day and year iirst atwesaid_
igned, Sealed and delivered-jn tk~e p~esence of: 'lr ~J
FtLED t.~:: %,~CQRt7ED ~ ~ ~'~~G~riy~-
$T.IUC:f. i.+lL"1TY FU• ~ (SeaO
- RGG= = F )?TRAS
_ - ~ CiE'r,K i. -:CJIi CQURT ~i~ ~
~ ~tECQa~ `:F~ :c~E~ Sea~
- (Se~l~ ~
SiATf OF FLORlDA ~ O~~ 10 ~ 24 P~'~~ .
COUNiY OF St- ~ucie ~ 3~,~`
QJ - ~
Before me pe.sonaity appeared _ C~18rIQ!'i G. Goldbaeh ;
j.01~~s6 GOZC~~Cjl his wife, ro me well known ar~ k.H,t...~ 1.s '
the individuais described in and who executed the fortgang instrument, and acknowSedged before me that they exetuted the same for the purposes j
therein expressed. And the aaid_ T.AI~lQ A. ~Id~3ClI
W~fe oF ~;a Charles G. Cbldbaah
upon a separate snd pr'nat~ ~
e~amination by me taken separate and apart (rom F~er said husband, acknowledged to and before rtx that she exetuted said instrumenf freely and volun-
rarily and withwit any compulsion, constraint, apprehens~on, or fear of w from her said husband.
{
V~ITNESS my hand and offiua! seal th~s_ _.~t~l_~_~ day of A D. 19~ ~
. ~
` N ry Public in and fw the State of Florida et l~rpe ~
My Commi~sion expires: ' ;
Retum To: No~ - (
First Federal Savings 3 loan Associat:on G Sfa1e of F1er;dQ o~ ~
Of fort P erce. ~Y CO"0m'u~°n ExP'..s Ilar;l 15, 197i
Fori Pierce. Florida &,rd`u by Art~.'ricon F~r~ a, C~~Ity [p,
.
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This Instrument Prepared By J. Hal RobeZts~ Jr.
First Federal Savings 8 loan Association ;=nj•;
•'~,t Bn'•
~Y~~+ :
- of Fort Pierce~ F1oZida 33450 ` ~
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Checked BY 0 R ~ . ' • ~ v • ~ =
80+~K PAGf 0 :1 p; l4~ ; :
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