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To pl~c~ and continuouily kep o~ ~M buifdmps IWw p IM~NNN NfY~N Of1 NW IN1d 1~ 011 ~I) fqYlpnMflt Mld PN~~IIy OOYN~ ~ 1I1{{ 11WIl~ ;
~p~, with ~II pnmivms tM~wn paid in full, fir~ insuru?c.~ in ~M uwal itand~rd polky form, in ~ wm spprowd by ~M MORTGAGEE, and wind~tonn ~
i~uuranc~ in tM uw~l ~a~dard pol~cy form, in a wm ~pprov~d by tM MORTG/1GEE, in wch canpany a oomp+nia a t1~ MORTGAGEE a+ar
d'u~ct~ and ~11 fir~ u+d windaarm tevurw+u poficiy on ai+y of NW bviW~~+p~. ~ny in~~rat ~MrN~ oi put thKwi, M tM apprp~r~ swn ~fa~~aW a
in ~acNS ~her~of. sMil con~~in ~M wwl sandard morr9ap» clauw a svd~ o11wr clauw a tM Mor~oapN maY ~ P~F
cia, each aed ~vNy. wr~bi. w•aid MORTG/WEE a its intNMr nwy app~a. ~nd tach and ~wry ~uch polky ~1+a11 b~ P~ompth~ aaqMd and d~livK~d w
~~y Mld by ~aW MORTG/1GEE p furthtr Nevrity 10 ~aid mwt~p~ debf, and, no~ I~a tFNn ~~n (10) d~ys ie~ ~dvux~ of tM ~api~ation of ~ach policy. w d~
liw? b~eid MORTGAGEE a nn~wal tt~wf, top~tMr with a nnipl fw tM pnmiwn oi such r~w~ij and IFwr~ ~hall b~ no f'u~ a windalorm Mnwu+a !
pl~ced on any of ~aid buildtnps. ~ny tntenst tMr~in w p~rt thKwf, unl~ss 1n tM form ~nd with th~ las payabl~ u~fons~idt and M tM ~wM aey sws
oi mon~y beeane~ payabl~ w?dM sud+ polky a polici~s ~aid MORTGAGEE shail haw tM option to neeiv~ ~nd apply th~ wrn~ on aao~mt of tM ind~besd~
rnss s~wred Mr~by w b psrmit ~aid MORTGAGORS to r~ctiv~ and us~ it w~ny part tlwrwf fw o~he. pu~pos~a, wi~hout th~.eb~ waivinp a u++p~ir• j,
1nq any p~ity, IiM a riph~ ~nder or by vi~tw of thb mortpp~i ~+d in ~i» ~wnf Nid MORTGAGORS ihsll fa'~ny fN10f1 f~) 10 ItNP tEN HW pfMliiM q
ie?wrad, a f~ii to d~livN promptlY ury of taid polieies of imw~nq to sa+d MORTGAGEE, or i~il promptlr ro pay fu11Y ~ny p?Nniwn tMrda or ~ u?y
rMpeet fall b pKiam, diuM~pe. uc~wb. ~ff~ct. compbt~, oomply with u~d ~bids by this oovaeant, a~ey put l+Kwf. ~aid MORTGAGEE en~y plsc~ ~nd
p~Y for such Mwr~r?c~ w u?y part 1Fwroof without wshi~g a affeclinp sMr optioq, litn, puity. a rphl ~nder a by virtw of this Mwlqap~. and the
f~ll amovnt of ~ach and ~wry such paym~nf sh~ll b~ immsdl~tely dw ~nd p~yabb and ah+ll b~a~ tetp~st from tlw dat~ thsnof until psid at tM r~t~ of
~irr pM c~ntum pN snewm ae~d togethe~ with wch inte~ost shali b~ secvred by fM li~n of this morfpap~. .
4. To pKmh, oonunit or s~ffer no wNte, Mnpakment o~ deterar~tion of said popNty o~ u~y paA t}~~of. ~
5. To pay all ~nd sirgulu the costs, cFwp~s ~nd exp~nse~ includirg • rNwn~bt~ ananey'~ fN and oosn of abstwtn of title, incw~ed w paid ~t S
any time by Hid MORTGAGEE. Mwus. o. in ~M .wn~ of H» ialiw. on tM put of ~h. saW MORTGAGOR a duy. p~omptly ~nd fvlly pNform, d~schu~ ;
sxecvt~. effed. compkte, comply w~~h and ~btd~ by ~ach and every th~ stipulararo. pr~emen». cwiditioes and aown~nb of sald promiswry rab ae~d Ihu ~
mortp~pe or eltlw~. ~nd s~id cosN. chu9es ~nd ~ap~+a~s, ~ach ~nd w~ry. sh~tl bs M~vr+~diat~ly dw and p~y~bl~i wMtFwr a rat tMr~ b~ notiu d? ;
mand. attempt ro cotlect a wit ~»ixlirg~ and tM fuli amount of each ~nd rrery wd+ p~ym~nr shail bw inter~st fran tM dab N~rwf vntil paW ~t ti~e i
rate ot nine per centum per amwm; and all taid costs, charpes and exptnses inwrr~d p p~id, toy~lMt with wch iniwat, ~Fwll b~ s~wrod by tM ti~n o~ thi~ !
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6. Th~t (a) in the ewo~ of ~ny breach of this Matp~ or defwU on t1r pa.t oE tF?~ MORTGAGOR, p(b) in tM ww+t any of wid awns of moewy ?
herein refened to b~ no1 promptlp and fvlly paid within thirty (30) dayi ntxl sfte~ the sarn~ wv~r~itp bxane dw ~nd p~y~W~, withoW d~m+ad a notio~, '
or W in tM ~vMt each and every ths atipubtior?~ ~pr~emw,». conditiau a++d cov~n+nts of u~d pomiuwy not~ ~nd th~s enortpp~ ~ny a~i~Mr ut na
iuly. prompNy u+d fully pafwmed, d~sclwrped. eYecutsd, ~ff~cted, completed, complied with and abid~d 5~y, tMn in eitMr a ~oy wd~ w~m th~ s~id ~
prey~t~ sum mentioned i~ said promiuory nots tMn r~mainlnp unpaid, wirh inNrest stvved, u~d all moneys sctur~ her~by. sMl! b~conw dw ~nd pay~ '
able futhwith, o~ thereafta, at tM option of said MORTGAGEE, ~s fully ~nd completely ~s ii all of the s~id wms of morny wtn wipinNly stipulated ~
to b~ p~id on ~uch day. anythinp in said prom~s~ory ooM or in this 1Kortyaye to ~M conrrary notwithst~dinp: ~nd tlw~~upoo a th~r~ah~ at tM option of
seid MORTGAGEE, without notice or d~mand, wit at law w in pvity, ther~for~ o~ thereafta bepvey may b~ prosewted a~ if all
had rt?~tw~d pno~ fo i» iiutitutioo. ~4 ~nd hutby ;
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7. Th~t in th~ ~vMt thif ~t t11R blginning Of p it afly fi~1N pNf~inp a~y a~it upon this Mortpp~, or b for~doN It, a b rtfonn h, a fo ~nforo~
payment of any daims hNevnder. said AhORTGAGEE ~MII apply to ths Cou~1 havinp jurisdiction thereoi fw the ~ppointrnMt of ~ Rat~ivp. wd~ Caxt ~MU ~
fortAwith appoint a receiver of said mortgaged propcrty all and sirp~lu, includ~ng all ~nd sinyutu tM inc»~n~, profits, isw~s ~nd nwnws from wMtw~r
sowc~ derived, eath ~nd every of which, it beirg eaptessly ~ndcrstood, is hertby mortgaged as if specifitally set fotth +nd d~suib~d in the pru?tinp and ;
hab~ndwn dsuset hereof, a~d such Receiver shall Mva all 1hs boad ~~+d efFective funct~w~s u~d powe?s in ~~ywise entrusted by a Cowt to a Reteivtr, and ~
such appointmeM shall be made by s~ch Court as an admined equity and a m+tter of absolute riyht to said MOR7GAGEE, and wifhow nferenc~ to tl»
adequscy w insdeqvacy of the wlve of the propcrty mortps9ed or to the wtvency w insolvency o( said MORTGAGOR a the d~fe~dants, and that such i
rems, profits, income, iu~es and re,reaues shall be appli~d by i~ch Receiver ~ccordin~ w tM lien or puity of said MORTGAGEE and the ~
Court. Prauic~ of such ~
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8. To duly, promptly and fvlly perio~m, dncharge, executq effect, compkte, comply with ~nd ~bide by each and we~y tF~ sGpulatioos, prasm~nts, `
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conditioas and covenami ~n sa~d promiswry note and this mwtyag~ se1 forth.
9. Th~t in tF~e event the ownership of the mortg~ged premaes, o~ eny psR thereof, becomp vssted in a pason otMr tlwn th~ MORTGAGOR, t!y ?
MORTGAGEE, its svccessors snd su~yns, may, witMout notice to the MORTG~WR, deal with such svccesw~ p woctssor in intnest with refaence to tha
mortgage and the deb~ F?e~eby secwed i~ the same manner u with Mwtgagor without in any way vitiatin~ a distl~rpGg the Morty~yws' li~bilify h~h=
under or upon the debt hereby sen,red. No ssle of the premifes hereby mo~tya9ed and no fwt~arance on th~ part oi th~ MORiGAGEE w hs suouswn
w auigos and no extension of the time io? the paymeM of the debt hereby secwed piven by ths MORTGAGEf or its succtuors or assipns, ihall op~ral~
to release, dixMrge, modify cfiange w affect the original (iabJity of ~he MORTGAGOR herein, tither in whole w in psrt. _
IQ. It Is specifically agrccd thst time is of the essence of this contract ~nd that no waiw~ of any obliyafio~ hereunder p pf th~ oblip~tion sr i
cured htreby shall at any time thereafter be held to be ~ waiver of tM ferma hereoi or of the instrumeM secured herb~e. :
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11. In additio~ to the forego:.+g mo.~thly payments of prin~ pal a~d interest •eqvired by the p?omissory ~?ote secured hereby, mort~a9or coy~n~nq '
and rees to to irrort ee with each monthl ment a~ addirion~l sum estimated b mort to be E
a9 WY 9s9 Y WY y gapee equal to 1/12 of the annwl twt of the fdlow-
ing: '
A-All reai p?opery ts:es levird w assessed against the above described real estate.
i B-P~emiums on fi?e and windstorm insurante as herei~ requ~red to be carried on the imptovemenb situate on the ~bove desvibed premises,
C-Premiums on suth mongage guaranty insurence as morlgsgee shatl from time to time deem fit to carry on the (w~ sec~red hereby.
Mortgsgee shall irom time to time notify mutgagor i~ writiog of the amount dve and p~y~ble hereur~der ard such sum shall thereupon be due u~d
; payable on the due date of the next monthty payment and eacb successive month theresfier until mortgayee shsll ~otify mort9~w of a charge in such
amount. Such sums shall be ~pplied by mortgagee towsrd the payment of real property faxes, int~rsnce prem;wns, and motfgsge ywranry insutante
I premiums. _
IN WITNESS WHEREOF, the said MORTGAGOR hss herevnto tet his Fund and xsl the day u+d year fint ~iwpaid.
~ Sip^ed. Sealed and delirr~red in tht presence of: ~ ~pE • ~
pRk!t N, Q
, - tlS+~ ~4uM~Y iLA, - ~'l~ n
i ~ ~~3E " : R~S aa iams, r . -
~ ; ~:EPr CGJ~t . ~
PFP,;r;; v ~~sD (5.a~
, u onne i ams
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O~i ~I IZ 2 rM'75 ~
~ STATE OF fLORI A • $S, 31~395 ~
~ couNn oF St . L uc ie }
~ y a~~~~ $alt Will iams. ~
~ Befae m~ rwnall JI.
~ Yvonne W1111~3 his wife, ro me well known and kiwwn to m~ fo b~ ~
the indi,ridwls described in and who executed the for tnstrurnent, rd adcnaw
~ epany tedped before me that tMy ~xscutad ti» same for ttw pwpos~s
< <~.e;~ .,~p,~,~. ,4i~ ,,,a Yvonne Willians
~ wife of ths said S01~ Willians. .Ir. upon a sep~r~t~ ~nd privaN ~
~ examination by me taken ~eparate and ~part from he? seid husband, adcnowledged to end befon me fh~t she ucec~ted s~id irotrument fresly and voluer ~
rarily and without any compulsan, cautraint, apprehmsion, q feu of w from her said husk~nd.
~ WITNE55 my hsnd and offici~l seal thi~ daY ~ A. D. 19 75
~ ~
z - , Notary P~blic in tM Stat~ of Florid~ N lupt
y Return To: My ~~^miuion xpira:
~ fint Feddel Savinpf 3 Loan Aasotiatio~ - . 1jplary f1:~lic. St~l~ ~f Florida of Lora~
~ Of Forf P~erce. ' /Ay Coenmi;sioa Ex~irx lu:y 22, 1977
~ Fort pierce, Florida dp~d by M~erican Fi~s 6 Cosvoitp G.
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~ This Instrument Prepnred By Gary F. Bllwood . - ~~"i~,~-F.'•-: ~
~ First Federal Savings 8 loan Association •:;,~„.~;,;L,.
~ of Fort Pierce, Rlorida `s I r- -
~ Checked By ~ ~ ~ :.-~a . - . ~
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~ ~ ~ ~ : ~~;ty
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~ 80QK , ~t • • ~ Y;:= " h
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