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To plac~ and tonlinuoutly ke~p on the bui~dinps now or haNh~r Ntwt~ on ~1d I~nd snd on dt pv~nt u+d pa~oewlly wvN~d by tAl~ mon~ ~
p~, witA all pr~mium~ tMrwn p~~d in tull, fIn in~w~r?c~ in tiw uswl sundud polky fwm, ie a sum ~pprowd by tlw MORTGAGEE, a~+d wi~tam ~
inwrw~p in tM utwl ~~•ndard poticy fpm. in ~ ~um approv~d by tM MORTGAGEE. i~ wch comp~ny a con~pani~a w Mw MORTGAGEE may
d'w~ctt and ~II fk~ and wi~tb~o~m {~?sur~nq policiN on ~ny of iaid~ build~nps, any.inta~sl thK~in w part tMr~of, in th~ a~p~p~~~ wm afo~naid a
In ~xuss therwf, ihall coroain ~I» uwal s~andud mo~rtpapN ciaus~ or such aMr tiauw as tM AAortpapN m~y nquir~, ~Minp Ih~ tou undK ~aid po1F 1
ci~s, each and ~~wy. paYabl~ ro~aW MORTGAGEE aa ~ts int~rett ma~ ~pp~ar, aid ~ach and ~wry auch poiky ~hall b~ promptly aa~p~d ~nd dNivK~d to ~
~ny h~ld by wid MORTGAGEE as furthsr securiry ro said morty~ d~bt, and, oW I~a thae ~~n (10) dap in ~dv~na of tFr ~apir~tion of ~ach policj?, ro d~ ~
liw~ fo saW MORTGAGEE a renewal ~M~~of, rope~F~ wi~A ~ r~cNp1 fa th~ prsmlwn oi wch re~uwdj u~d tlkr~ sMll b~ ~o fu~ a winds~wm inwra+a
plaad a? ~ny of uid buitdinp~, ~ny inunst tMn7n or p~n thKwf, w?I~u In tlr iwm aod with th~ loa p+y~ble u afaNaidt N+d G+ th~ ~wnt aMr swn i
of mon.y becoma p.yabl. w~d.r wch Policy o~ polka~ uid MORtGAGEE sha11 Mw ~M optan ro r.cetw ~nd ~pply tM sanw a+ ~owum of tM inda0t~4
neu secu~~d hn~by a a p~rmit said MORTGAGORS 1o nuiw ~nd us~ it a~ny put tM+wf fot orher p~?rpot~s, withoul tMnb~ waivinp a anpaiN
hq ~y pvity, lie.~ w riph~ u~da a by vinw of this mortya~e; Md in tM ~wnt said MORTGAGORS ~MII fw any r~asa? f~il to ke~p tM aid pnmis~s w
imvr~d, a t~tl b d~livK pramptly a~y of s~M politih of intwanc~ fo said MORTGA(iEE. a f~il p~omptly to pay fully ~r?y pr~miwn th~rtfw ot in ~ny
~yp~et f~il b pKiwm, discha.g~, ~xecute, ~ff~, compht~, cort~ply wi~h ~nd ~btd~ by this cov~nant, a ~Mr pan Mrwf, s~id MORTGAGEE ~nay pfaa ~nd 't
paY fa sucA Mu~nu~o~ or any p~rt tM~eof without waivinp or aH~ctinp +~y option, IMn, equity, u ripA1 vr~ a by vinw of thti Mortp~Qe. and tM `
t„n a~+~o~,m ot ..ch .~,d w..y wch p.yme~t sh.u ~~m~,edNt.y dw ~nd pyabb u+d sMll b~ar Interast from th~ dat~ tMreof uetil paid n tM wt~ of ~
n~ne pN c~mum pK annum ~nd together with wch interesr iMll bs secund by th~ IiM o} this mort9ap~.
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1. To p~m+it, eommit a wffw no waste. Impalrme~t a de?erion~an of s~id propary or any pu1 tMrwf. j
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S. To pay ~il and anpular 1M tosts, chupea and ~xp~r?seti ir~cl~?dinp a rNSOn~bl~ ~ttwn~y's fN and cosh of abstracts of titt~. incw~~d a p+id }
~ny tims by said MORTGAGEE, becaus~ w in tM ~w~f of tM tailvn o~ tM pa.t of tM said MORTGAGOR ro duly. promptly aad fuqy pKform, discM.~,, t
•x~cws, sff~ct, complet~, canply with ~~d ~b~de by e.ch and evary rhe s~~.~~au. .preemenn, coedhioro„ .nd oovenann of said prom~swry noa snd ~hi•
^any+o~ a~ryr or ei~lw~. uid said cosn, charpes snd ~xp~nses, e~ch ~nd ~vwy. a1w11 b~ hrwmdiatsly dw and pay~bl~s wheth~r a ~ot tMr~ b~ notic~ d~ i
m~nd, ~nempt to collect w wit px~dirgj ~nd th~ fufl amo~nt of ~sch and ewry wch paym~nt shall bear int~rat fran the dats thereof until paid ~t th~
~ate of nine pe~ centum per uu~um; and all siid cosn, charpe~ ~nd expeoi~s incwrd w paid, lopetlx~ with such int~r~st, sMll b~ s~wted by tht lie~ of thi~
morrDapw
6. TMt in tM ~vent.of any breach of this 1Nortysp~ or defwlt on th~ part of th~ MORTGAGOR, or ~=b) in tM ~wnt any of uid wm~ of mon~y
her~in r~fen~d ro b~ not promptly and fully paid withln thirfy (30) days next af~er th~ s~ tevewily bacwn~ dw ~nd pay~bl~. wtlhout d~rt~and a notio~.
or W in tht tvent each and ~very ths i?ip~fationt, spr~ements, conditioru and cow~+nn of sald promissory not~ and thi~ mapap~ ~ny a eithar ~r~ nol
ivh. promptly and fully ps~forrrNd, dischar~ed. Rx~cut~d. sifscted, comp{eted, compl;~d with ~nd ~bided by, tMn in ~ither o~ ~ny tuch ewm ths Hid ap~
' yre~~t~ wm mentaned in a~id promissory note then remaininp unpaid. with inte~~st acuued, and all moneys a~cwed Mrtby. sh~ll beconK dw ~nd p~y~
abl~ fwthwith, p thereahe~, ths optio~ of ssid MORTGAGEE, as f~lly ~nd comple~ely as if ~II of tt» uid sums of money vwr~ aipinally stipul~ted
to be paid on wch day, anything in sa~d promissory note w in this 1Nortya~e to tM contrary notwi~hstandinqj and thereupon or there~fiM at th~ option of
~aid MORTGAGEE, witla~rt notice w dem~nd. wit at law w in puity, therefor~ or tlxre~ft~~ bepwy may b~ prosecufed p if ~11 montys ~ecur~d h~ttby
had matured pnw to in inttitvtion. ~
7. Tlwt a~ th~ evant tMt ~f the beginning of a at ~ny tims pend'inp a~y suit upon this Mortp~pe, w to forectos~ H. or lo reforen N, a ro anfwo~
payment of any d+ims here~v+der, s~id JMORiGAGEE shsll appty ro tl+e Covr1 havinp jurisdictan tMreof iw tM appoiotrnem of ~ R~ceiver, such Court shall
fwthwith ~ppoint a receiver of seid mortgsyed property all a?d sinyular, Includmg all and singular the incom~, prolits, bwea a~d tw~nues fram what~ver
source derived, exh and every of which, it beirp expressly understood, is hereby mor~gaged u if specifically pt forth and dewibed in th~ pr~ntinp a+id
habendum dauses hereof, snd such Receiver sha11 Mve •II the broad snd effective funn~ons ar?d powe~s In anywise enlrusted by a Co~rt to • R~uiva, and
wch appointmeM shall be made by such Court at an admitted eqv+ty ind a rt»tter of absolute rigM to ssid MORTGACaEE. Md withoW .reference to tlr +
edequscy or inadequacy of the valve of the property mongsysd w to the tolvency w inwlvency of said MORTGAGOR or tht dafendanq, and ~hat suth
rems, profin, lncemq iuues •nd nvenues shail be apptied by s~ch Receiver accordin~ to the lien or eqvity of said MORTGAGEE and tFK practice of wch
CouA.
8. To duly, promptfy end ~u~ly p~rfwm, discharge, execute, effecl, compkte, canply with snd abid~ by sach and wtry fM stipulationa spreemenfs,
conditions ud covenams in ssid promissory rwte and this mortyags set fwth.
9. That i~ the event the owne~ship of the mortgaged premises, a sny pan thereof, becomes vested in a perwn other tMn the MORTGAGOR, th~
MORTGAGEE, its succeuws and nsigns, may, withovt ratice fo the MORTGAOR, deal witfi such succeswr or ~uccessor in intereat with roterence to this
mortg~e and the deb~ hereby secwed in the same manner ~s with Nbrty~por withouf in ~nr way vitiatinp or dischargirg tlw Mo~tp~pon' liability her~
under or upon the debt hereby secv~ed. No sale of the pemises he~eby mortpa9ed and ~o forbearanu on tht part of the N10RiGAGEE or iri wcceuors
or assigro and no extcmion of the rime fw the payment of the debt hereby secv~ed ~iven by th~ MORTGAGEE w its succeuors a usipru, ahall op~rat~
io rekase, d~scharye, modify chang~ or affect the wiginat Uab~lity of the MORiGAGOR harei~, ei1Mr in whob a ln put.
10. It is speafically agrsed ~hat time is of tM eucnce of tba coror~d snd that ao waiver of any obtipatan hs?eunder a of tM oblip~tion sr
cured hereby slull at ~ny time thereahei be held to be s waiver of the terms heroof or of the irutrurnent secured hetby.
11. In sdd~tio.~ to the forogo:ng monthiy payments of princ'pal and interest required by the promissory nore secured hereby, morfy~gor epven~Ms
and agreea to pay ro mortgagee with each momhly payrnent an add~rional sum est~mated by mortgsgee to be eqwl to 1/12 of the annwl cost of the follow-
ing:
A-All rcal property tazes levied or auessed against the above described real estate. ;
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B-Premiums on fire and windstorm iraura+xe as herein requ:red to be carried on the imprevemeab sitvate on the above destribed prerti~ses.
C-Premiums on suth mortgage gvusnty insurar~ce as mwtgagee shall from time to time deem fit to urry on the ban secured he~eby.
Mertg+gee shall from time to time notify mwtgagw in writing of the artwuM due and pay~ble hereunder.~nd suth wm shall thereupon be due u~d
~ayabls on the due date of the next monthly payment and exh successive mw+th thereafter until mortgagee shall notify mortgapa of a thargs in wch
amouat. Such sums sF.all be applied by mortgagee toward the payment of real property tazes, insurance prem~wns, and mortg~ge gwranfy inwrance
premiums.
IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand snd seal the day ~nd year first afwesaid.
i Sip snd deli in~he pres of: fIlEO ~1tD ''ECUROED w~ f ~
ST• LUCI~ COUMTY FLA. d~.,q,~ C,~.(/otl~c~e,,, ~N~
` ~ ROC= s r:,?TRAS C Wa d
, CLERX C+?C'~i i COURT q
~ p~rR~~; v~=~~~E[~ n
~ ' ~ Mar . Walden ,n !
STATE OF FtORID OC~ ~1~3~c i
j cour~Y oF St. Lucie V ~
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~ Bef„e ,,,e ps„a„Uy ,ppe„ed Thoa4as C. Walden ~
~ Mary1~ Walden his wife, ro me well known ud known to me to b~ ~
~ the ind'nidwta described in end who executed the fwepoing instrument, r~d ~ckrqwlcdped before mt tMt they ~xecuted tM urew for tM purposes
~ rherein expressed. Md rne Mary L Walden
E w~fe of the s~id _ Thc~~ac G Wa d n vpon ~ upaw» ~nd pHv~y~ ,
~ exami~atan by me taken sepante and spaA from her said F~usband, adcnow{edped to and before rn~ that she exeMed said i~str~ment fr4ely ~nd volw~- °
tarily and witho~rt any compulsion, constraint, ~pprehension, os, fear of w from her said husb~nd, i
~ ~ WRNESS my hsnd and official seel 1hK ~Q ~y of October ~ p. 19 75
3 • ~ ~
; Notsry Public i ihe Stat~ of Florida at lar~
„ Retum Ta My Commiuion xpirs:
~ fin! Federal Ssv;r~g~ 6 loan Auociation Notzry Pu~:i'c, ei,-,te cf Flor;-;
` Of Fori Pierte. ~!y~ C~r. -:':~.o~~ fr n r.~ (o.~~
~ BG:.3_ ~ i, • f I~ i"' ~ 2?, 7»~
Fort Pierce. Florida / %~~,c:~:~n 3 `
3 . ::,..;Y Co.
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~ This Instrument Prepared ByRobeYt y. S~visher Jr . - . ' ~ ~ ' .
~ Fi~st Federal Savings d~ loan Association
of Fort Pierce , Flor ida 33450 `~i?`~~t%
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€ Chedced By ~ ~ - '
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~ ~ s'~~/l~~ • •••1tM~.\ 1:~.
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