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To pl~c~ ar?d saminuouily kep on ~h~ bui!d~rq~ now w MreaftN si~wte oo sud I~nd ~nd on ~il equipmsn~ a+d p~rwnally cowr~d by thi~ mor~~.
p~, wi~h all pr~miums thereon pa~d in full, i~re insu~a~ca in tM uswl uandad po~Ky fwm, in _a ~um approv~d by tM MORIGAtiEE, and wird~torm
i~w~aoc~ in ~M vwal ~undard pol~cy (wm, in a sum approwd by rM N?ORTGAGEE. in s~ch compa~y a compan~a N tM MORTGAGEE ~+ay ,
dHK1~ and ~It fi~~ ~nd w~ndsro~m inswanc~ POIiCi~~ on +ny of HiII HHiidin~l, ~f1y {MH~~t ~AH~if1 W p~11 IM/lOf, in tM ~yyrpa~~ swn ~ta~~aid a •
In ~xaas ~hKwf. shail cont~in the ususl i~andud ma~q+~ cl~~s~ u wch o1hK tl~vf~ at tl+~ Mat9a~ m~y rpwr~. m~?inp IM ba undK ~a~d poli~ „
ciq, ~ach ~nd ~very. paYabl~ a said JNORiGAGEE a~b imsre~~ may app~a~. a+d ~ach and ~wry tvch po~icy ~MII b~ promptly au:pn~d u~d d~GvHed to ~
+ny FwW by said MORIGAGEE as (ur~her security ~o said mw~pap~ dcbt, aod, no~ kss than ~M UO) days in ~dwnc~ of tM ~~cpi~ation of ~~ch policy, ro dr
liw~ ro aid MORiGAGEE a renewal thereof, IopttMr with • rec~iFt for tM pnmiwn of s~ch ren~wd; ~++d thtn ahal! b~ no fi~~ w wi~~dsram ieuw+nc~
pl~ctd on ~ny of said b~ildinps. ~ny interest tMr~in ot part the~eof, unleu in th~ form ~nd with IM los~ p+yabl~ +s afu~aidj and In th~ ~vtM ~ny sun+
of mon~y becorn~s payabl~ undN ~uch policy o~ policies said MORiGAGEE ~hall Mv~ tM option to ~~ceiv~ and +pply tM tam~ on +cww?1 of tht k~d~bted
r?su Ncured I~eby w to permit s~id MORTGAGORS Io retave snd u~ N w any parf tMreof iw otl~er purposes, without thereb/ waivinp a unpei~• +
inp any equity, IiK? w riyhl under or by virtue ot this mortypc; u+d in tM ~wn1 ~aid MORTGAGORS sMll (w any r~ason i~il to kkp 1M ~aid ptmis~s w .
insured, or /ait to deliva p~omptly a~y of taid polici~f o( inswa~t~ to s~id MORTGAGEE, w fai) promptly ro pay fully ~ny premium thertfor a in any
rospect fall to pa(wm, discha~ge, executs, effsct, compkts, comply with ~nd aWd~ by this covenanl, a any part herwf, said MORiGAGEE may pl+c~ +~+d '
p~y fa tuch Insvrancs or any paN thereof without walvinp w df~cttnp ~ny optioo, IiN+, equity, w ri9ht unde~ w by vlrtw of tl~ii Mortyap~, snd tM
full ~mouM of exh u~d ~wry :uch payme~t shall be immediately dw and p~y~bk ~nd shall bea? tntereu irom tM dat~ thereof uetil paid at tM rat~ of
nin~ per tentum per annum and ta~Nhcr with suth i~tarest ahall bs secured by tM lie~ of this mat9ay~.
1. To pt~mil, commit w iuffa no waste, impairment a deteriora~an of said prope~ty o~ u~y pa?t thereof.
S. To pay ~11 and sinpular th~ cosn, cMryes and axpenses, includ"uq a reawn+bl~ attwney i(N s~+d cosri of abstr~ds of title, incwred w p+id at
sny ~ime by ~aid MORIGAGEE, bsuvu a in tM wem of the fa~lure on ths p+rt o/ tM said MORiGAGOR a duly, pron+ptly ~nd fully pNform, d~scharo~
eaecute, effttl, compkts, comply with and abid~ by eech and every the irip~datans, a9reements, co~ditiaa, snd oovenanh of uid promiuory not~ and thu
matyap~ any or either. and sacd cos». charsei and exp~nies. e~ch and every. sMll bs immed'utely due snd payable: whe~F+tr p not tMr~ b~ notic~ da
mand, ~nempl ro collect w:uit pending; and the futl amoi?nt of esch srd every such paymem shall be+r inter~s~ from the d~te thsrwf ur?til p~ld ~1 th~
rate of nine per centum par arw~um; and all said costs, charpes a~d expens~s incwred or pa~d, top~~her with such interat, ahall b~ ~scur~d by tM li~e? of thif
mort~s~.
6. ih~t I~ ths nreM of sny brexh of this Mortyay~ w deiault on tM part of ths MORTGAGOR, w(b) in 1M ~vent ~oy of ~aid sweu of money ~
he~ein nferc~d to bs not p?omp~ty and fufly paid within thi,ty l30) days nex~ after the sam~ severally becane due ae~d p~yabb. without d~m+nd w notic~, ~
or (c~ ie ths tvent each and every tM stipulations, sgreements, conditiw~s ~nd cown~nb of sa:d promiuory rat~ end thii morlpay~ any or ~itMr ~rt nal ~
iuly, prompHy and fully pert«mad, d~acharped, execv~ed, effeded, completsd. complied with and sEided ~iy. 1hM in ~~tMr or any s~d+ ~wnf tM s~id p~ ~
gregate wm menYaned in said promissory note then ranaininy vnpaid, with i~urest acuued. and a11 moneys secured hereby. sMll b~tan~ dw ~nd p~y- ~
able forthwith, a thereaRer, at the opt~on of said MORTGAGEE, as fully and completely as if all of the said swns of mon~y wen aginally ttipulated P
to be paid on such dsy, anything in sa;d prom~ssory note or in this Mwtyage to. ths contrary notwi~hstsndiny; +nd thereupon or thsreafiK al tht optwn of
said MORTGAGEE, without no~Ke w demand, suit at law or in equity, 11x~efore or thereafter beg~n, may bs prosec~f~d u if all ea~ys s~cund hsteby
had mawred pnor to ~n institurion.
7. That in the event ~haf at rhe beginr+ing of or sf any time pend~rg any w~t upen this Mor~gage, or fo foreclos~ N, or to mform H, w fo anforc~
paymtnt of any claims liercunder, ssid MORTGAGEE shall apply to the Court having jvrisd~ction therco} fw the +ppointment of ~ Rectiver, such Caxf sMll •
iorthwith.appoint a receiver of saW mortgaged property all u~d sinpubr, intlud.ng all end tingutu the intome, profits, iuws and rwenues irom whstaver '
wurce derived, each ~nd every of wh~ch, it beinp expressly unders~ood, is hereby mortqaged as if apeciiiully set fath ~nd described in the 9ra~tirg and ~
habendum clavses hereof, and suth Receiver shall have all the broad snd effMive fvnct~o~s and powers i~ anywise entrutted by ~ Court to a Receiver, and
such appointment thall be made by such Court as an admitted eq~ity and a matter oi absotuts right to s~id MORTGAGEE, u~d without referenct to tM ~
adequacy o~ i~adequacy o( the valw oi the property mortyaged or to the solvency or insolvency ot s~id MORTGAGOR a the defe~danb, and that such ~
renrs, profits, income, issues snd reve~ues shall bs spplied by such Rettiver accordiny to ths litn or equiry of ~sid MORTGAGEE and the prattite of such ~
CouA. - .
8. To duly, promptly and fully perform, discharge, execute, effect, complete, comp~y with and abide by each and every tFr sfipulatio~, agreements, t
condiians and co~enams ~n u~d promiuory note and ~h~s mongage set for~h. - ;
9. That in the event the ownership of the mortgaged premises, w any part thereof, becornes vested in • person other thsn the MORTGAGOR, tFw
MORTGAGEE, its succeuo.s and assigns, may, without notice to the MORTGAOR, deal with such successor a auccessw in interest with refererxe to tha
morlgape and ths debt hereby seaired in the same manner as with Mortgagw witho~l in sny w~y viti~tirg a d~sthar~iny the Mwtyagort' IiaEility hen- (
under a upon the debr hereby secured. No sale of the Fremises hercby m«t9spcd and no fwbeeranoe on the pah of tF+~ MORTGAGEE ot it~ tu~tesson
or augru ~nd no extension of tfie time fo~ the paymem of the debt hereby secured given by the MORTGAGEE or iri succeuon w auipnt, sh~ll operat~ ~
ro rel~ase, d~scharge, modify change a affect the original liab~l~ty of the M4RiGAGOR herein, eithar in whole of in part.
10. It is speciiically agreed tF~at time is of the cssence of this caur+d and that no w~iver of any obligation herevnder o? of tht obliyation aa
cured herebr sh~ll at any time thereaher bs held to be • waiver of the tem+s hereof w of the instrvmer~t secured herby.
11. In add~tion to the fae9o:ng mw~thly payments of pri~c"pal and interest requered by the p~om~ssory note secvred hereby, mortgsgor cov~nts j
and agrees to pay to mortgagee with each monthty payment a~ add~rional sum estimated by mortgagee to be equal to 1/12 of the annual tost of the folbw- ;
t
~ng:
A-All real prope?ty taxes levied or assessed against the above described real estate.
B-Premiums on fire and wi~dstorm insurante as herein requ~red to be carried on the improvemeats situate on the above destribed premises.
, C-Prcmiums on such mortgage guaranty i~surarKe as mortgagee sfiall from timF to time deem fit fo p~ry on the Ioan secured hertby.
Mortgsgee shail from time to time notify ma~gagor in writing of the amount due and payable haeunder and such wm shall thereupon be due ~nd
payable on the due date of the ~ext momhly payment and each successive month thereafter ur.til mortgsgee shall notify mortgago? of s charp~ in such
amount. Such sums sF.a:l be applied by mortgagee toward 1FK psyment of real property taxes, insur~nce p~emiums, and mortgaye gw~anty insuranct
premiums.
IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto ut his hand and seal day yd~ar f'ust aforesaid.
Signed. Seakd and delivered in the presente of: ~ " ~t-~
~ .
~ fsLE{~ a••~~ . ~~~.-r~f.~
~ ,cLt.-, ~ ~ _ ~~C_y~ ;T.L~+%' - :U.tiiYf1A
~t~~,~. -.Rr.s ~ J' B. D' o d .4
i ~Lr;,:. ~ ~ it? ~
E ~ ~~r''f° Doroth Diatnond ~ :
3
~ STATE OP FIORIDA f 5 3 2~ 1 I f~ f~
couNrr oF St . I.ucie 319t~6 ~
~ _ t
before me petsonally ~ppcared Jia B. Diaaond
DeYeth;(_j... Dlasond his wife, to me well known ~nd known to me to bs
ihe ir?dividwls deuribed io and who exec~ted the fuegoinp instrument, and acknowledged before me thst they ~xetuted the ssme fw tM pwposes
~ therein expressed. And tlx ssid DOYOtZIV Diamond
~ ~vire of rr~. ssid Jin B. Diamond ,,rpo~, ,,ep..,r• .nd p.iv.+s
~ exami~ation by me taken separate and apsrt from fu~ s+id husband, atkrwwledped to and before me that she exetvted s~id instrumeM freely ~nd volurr
~ rnrily u~d without any compulsion, constraim, apprehension, or fear of w from her said husband.
~ WITNESS my Mnd snd offic~al seal this ~s~~ day of October q. p, ~q 7S
f ~GL~,I~ii,l~Cn G<'l.
~ Notsry Public ie and f Sute of Florida at lupe '
~ My Commission expir . ~
~ Return Ta • i
~ Fint federal Savings d~ los~ Associat~on
~ Of For1 P,erce. p~O~' ~~k. Stoh ef ~ri~ a ~~J~~l/jj
x fort Pierce. Fbrida ~Y C~~~OA ~0, 1!r
f v'~ S'~;~j~'
~ so~,d.d br R,. a ca,~, 4;•~ _-~~~'••.'~~i~• ;
,UC~~• ~ i
iX' 1 . r.~ ~
~ This Instrument Prepared By RobeYt A. SwisheY , Jr . ~ t-'. ~ -
First Federal Savings d~ loan Association , ~
: 1 ~ '
~ of Fort Pierce , Rlor ida 33450 ' < ~ "
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