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3. To pl~u and coniiewouily kNp on tM buitdinps ~ww a Iwr~aftK utu~q on uid land ~nd on all puipm~nt Md p~nondly covK~d by thia ~ap~
p~, with NI ptmiums theteon paid in tull, fut inturu~t~ in tM usu+l uaixJard policy f~n1, in a ~um ~pprov~d by 1M MORTGAGEE. N+d wir~datorm
iruw~nc~ i~ th~ wwl atandard poliry fprt~, in ~ wm approv~d by tM 1NORTGAGEE, M Wch company w tompaniq k tl+~ MORTGAGEE may
dinc~j ~nd ~11 fin and w~wrm insur~na polkin on ~ny of NW t1NIIdilfOt. N1~/ IlftNql fMffjfl OI IMf~OI, in t!N pp.epu~ ~wn afo«saW a
N ucc~u ~h~.pt, al+all coN~M rh~ uswl a~.ndard ma~QapM clwN a tuch alwr clau~ u tM Ma~pa~ n+~Y .pv'u~. mak~np tM loa ~nd~. uid polE
ci~s. ~+ch a~d ~very. paY+bl~ W i~id MORTGAGEE a iH 1111NNt 1My ~p~iMt, uid wch ~nd twry tvch policy ~hall b~ prompllr ut:pn«! and d~livK~d ro
•ny Mld by w~d MORtGAGEE ~s fw~her s~cv~iry to s+id mwtyap~ d~b~, aod, not I~ss th~n ten (10) d~p in ~dva~ of th~ ~xpl.~~ion of ~ach policy, ro dr
liw~ to ~id MORTGAGEE • ren~w~l tMr~of, top~thK witA ~ receipt fa th~ pranium o( such r~walj ~nd ~h~n ~MII b~ no fk~ w wlndstam kyw~nu
plaad an u?y of said buildinps. ~ny tnt~nst tF~~in or put tfi~roof, unl~sf i~ the fwm a~+d w~~ti io:s P.y.b~. as aro..a~d, .~d +n ri+. .wm .~r aw~
of mon~y bscome~ payabk ur~r such polity o? polxiM s~id MORiGAGEE sfiall haw tM optan to receiv~ and •pP1y tM ~w on •ooow?~ oi ~M tnd.bred
rKSS wcwed hK~by w b p~~mif said MORTGAGORS ro ropiw and use it a~ny part thtrtof fa other pu?pose~, without Iha~b/ waivinp .or imp+i~•
tnp any eqviry, li~n a riqht under or by virtw o} this mo:tpa~J ~nd ln th~ ~vent s+id MORiGAGpRS ~hall ta iny nawn faU to ksep tht ~aid pnmis~s w
Iniw~d, or fatl 1o d~tive~ pranptly ~~y of NIfI POIKIlf of insurarw ro said MORTGAGEE, a f~il promptly to par fvlly ~ny pr~mium tMnfor w in uqr
nap~ct fNl ro pNiwrn, discha~qe, exec~t~. ~ff~cL compl~t~. camply with and abid~ by thit cov~nant, p any p~h Mrwf, wfd MORTGAGEE m+y plau ~nd
paY for :vch lesuranc~ or ~oy put tMreof withwit watvinp o~ ~ff~di++p any op~ioo, IiM. puiry, or ~i~ht vndN a by vktw of thls Matpap~. and the
full amovnt of each and wer~r wch paymem sh+ll b~ irronediately dw u+d p~yable snd sMll bea Mterest fran tl+~ dat~ thsr~of ~ntlt paid ~t tM raq ol
ni~w p~r centum p~r ennum snd togahcr with avch ir.taest shs11 bs s~cvred by tM li~n of this mort~a~e.
To p~tmlt, conwnit o? suffer ~o wast~, lmpa'ument « deteriora~an af uid prop~rty o~ ~ny p~A th~nof.
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S. To p~y ~tl ~od skpvlu th~ cosn, cMr9es aed expNws, iacludinp a r~awn~bl~ ~nornty's f» and aosq of abatwcts oi titl~, incvrnd a paid at
~ny time by ~id MORTGAGEE. because a in tM waM of tM f~ilun on Hw paA of tM asid MORTGAGOR 1o duly. promptly and f~lly p~riw~, discM~y~
execvt~, ~f(ec~: oomptet~, comply w~th ~nd ab~d~ by ~ach ~nd ~very tha itipubtions. apre.menn, cw~diriom, •nd cown.nn of s.ki promiuory na• and ~hb
mortpap~ any or atha. and ta~d costa, charges and ~xpNaes, ~ach ~nd ewry, shall be irew~wdiat~ly dw and paysWr, wMth~r a not tl~~ b~ nw~ce da
mu~d. ~ttempt to col{ect or wit p~ndiny~ and tM full amount of tad~ a~+d every s~rch paym~nt shall be~r intere~l from 1M dat~ tMnof ~nNl paid ~t tM
~ate of nint per centum per uwium; and atl iaid costs, chupes and eapenses ieiwrr~d a paid, topether with tuc,h iM~rat, aMll b~ s~wred by 1M li~n of fha
mort~. -
6. That ln th~ ewn~ of any breach of this 1Nortyp~ a~de(ault on tFr p~rt of the AItORTGAGOR, or (b) in tM ~wnt ~e?y of aid wms of moe~ey
he~ein r~fN?ed ro!» not promptly and fvlly paid wi~hin thirty (30) days next afte~ ~he sarrw kver~tly becane dw ~nd payabts. without d~ma~d or notic~.
w W in tM weet each and wKy fM stipula~~oru„ apr~amenn, w~dirions ~nd cown~nts of sa~d p.wniiw~y not~ and this mortp~pe am a~i~l~ an no1
iuly, promptly and fully p~rfwm~d, d~sch~rQed, sxecutsd. ~ff~cted, complet~d, complied with and ~bided by, tAM i~l fifMf Ot ~r1y fYth fvNlf tFM Mitl i~
preQat~ wm mentioned in said promisswy note then remai~inp uopaid. with interest acuu~d, and all moneya ascur~d h~r~by. shall b~oon'N dw ~nd pay-
abl~ forthwith, or tAereefte~, ~t tF» option of iaid NIORTGAGEE, u fvlly and compbtety ~s If •II of -tM said wms of aaney wer~ oripinally stipul~ted
to be p~id o~ iuch day, anythin~ in said promissory noro or in thb Mortpa~ to tM contrsry non~ri+hsqndinpj and there~pon p thsr~aft« at tM op~ion of
~sid MORTGAGEE. without notin p dunand, suit at law a in ~quity, tlyrdon or th~nafre? beyan, may b~ proseartad q if ~II montya warnd hu~by
had m~tured prwr to ib irutitution.
7. That in tl» aven~ that at tha begi~ning of a ~t iny tims pendir~p sny wit upoe? this Mortgpe, a to fw~clo~ h, or fo roform N, a to ~nfuo~
payment of ~ny daims Acreunder, sa:d N10RTGAGEE sFwll apply to the Court hsvirg jwisdKtion thereof for tM appointment of a R~oeiver, wch Co~rrt sh~ll
forthwith appoint i fKtivN of said morl9aged prope~ty all and sinpvlar, includ~ng ~II ~nd sinyular tha incom~, profib, iuws and ~evmws from whN~w?
wurce derived, each and every of whKh, ir beinp expressiy unders~ood, a hereby mwtyeged as if specifiully set forth ~nd dKUibed in ths qrsntinp ~ed
haMndum clauses Aereof, arw! such Receiver sha11 have •11 the brosd ~~d effective funct~ons and powcra in anywise entrust~d by a Coun ro a Receiwr, and
such appointmen~ shall be made by wch Court as an admitted equity ~nd a matte~ of absolute right to said MORiGAGEE, aed without r~ferentt to tM
adequacy a i~adequacy of the wlw of the prope~~y mortg~yed or to the sonrency w insolvency of s~id /NORTGAGOR or the defendants, ~nd that such
renrs, profib, incane, issues and r~venues shall be applied by sucF? Rsceiver ~ccordiny to the tier~ w puiry of said MORTGAGEE and tF» pwctice of s~ch
CouR.
8. To duty, promptly and iully perfwm, dixharge, execvte, effect, complete, comply with ~nd abide by each and w~ty fh~ stipulatiau„ preaments
conditaro aod covenants in u~d promissory .wte and this mwtgage iet forth_
9. Thst in the erent the ownenhip of the mortgaged premises, o? any part thereof, becomes vested in a penon othe~ than th~ MORTGAGOR, th~
MORTGAGEE, its svcuuors and auiym, rt+sy, without norice to the MORTGAOR, deal with such wccessw or succeuor in interest with reference fo tha
mor~9age ~nd the debt herebr secvred in the sams manner as with Mortgagw withoui in any way vitiatinp a disch~r~k+g th~ Mortpapors' li~bility Irrr
ursder or upon ths debt hsreby secured. No sak of th~ Fremctts hereby nwrtyap~d and no fwbeuanoe on tht pan o( tM. MORTGAGEE ot ib suatuors
w.~uig~n ar~d na extension of the time for the paymem of the ~ebt hereby.secured iven by the MORTGAGEE or its s~cc~t~on or auipra, aF~ll operat~
ro release, dixharpe, modify ch~nge w`affect the wiginal Ilsbility of the MORTGA~ h~rein, ~itl+er in Whok w in psrt.
10. It h spetiP~csNy agreed that time i~ o~ the es~ence Of • this conbact and that ao waiwr of any oblig~Ywn herew~der ot of 1M obliyation ie-
cured hereby ah~0 at any time lhereafter be held to be e waiver of the terms hereof or of the instrwoeM secured herby. '
11. In additio.~ ro the forego:ng monthly paymants of princ:pal snd interes~ required by the promiuory note tec~red Irreby, mortpagor tovenanq
and agrees to pay to mwtgagee with each monthty payment an additionsl sum estimsted by mortyayee fo be equal to 1/12 of the snnwl tost of the follow-
ing:
A-All real property ta:es levied or assessed againsf the above described real estate.
' B-P~em'wms on fire a~d wir~twm inuxanoe as here7n req~~rcd to be carried on the improven?enb situate on the sbow desaibod premaes.
' C-Premiums on such mortgage guaranty insurar~ce ss mortgsgee ~hall from time to time deem fit to urry on the loan setured hereby.
Mortgagee shall from time to time notify morty~yor i~ wrifinp of tht amourd due and pay~blc he~eunder ~nd such sum sh~ll therevpon be due and
; Fayable on the duE date of the next monthly payment and each fuccessive month thereafter ur.til mortgsgse shall riotify mortgayor of a chanp~ in wch
amount. Such sums shall be applied by mortgagee toward the peyrrKnt of real property taxes, insurante prem:ums, and mortgape guaranfy iroutance
premiums.
~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand snd seal the day and yeu fint ~fores+id.
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E Sipnsd, Seakd and delivaed in tF~s.p.asence of: fILfD ~t+~• kEC:;RDEO ~
; ~ ST.LUC+_ COL'HTY FLA.
i , ~ - RO:,_r :p:7RAS h
~~ERlc :i.ulT COURT ~
~ RF^~~~: 'fE~ n
4
~ ^ Qci ~i 12 i2 Pli'~5
~ STATE OF FIORIDA
couNTMO~ St, t.ucie 3194~1B1a~~~Do2~ores$B g81a~ hia wife~ and
~ Before me personally ~ppeared Mlilliaa F. Johnson and Henrietta Johnson, his wife and Glen/~
~ Mildred Gongaware, a single adult ~ ~ ~i~ ~ ~ ~ ~ ~ ~
~ ths Individwls dewibed in u~d who executed the fae~oinp ir?itryment, and ~ckrwwledyed befon m~ that they execvted th4 s~rn~ iw th~ purposa
,~xc,w, e,~„~a- a~a tt,,,~~ Henrietta Johnson wife of the said Willian F. Johnson and
e _polores Black a/k/a ~olores E. Black wife of the said Glen J. Black
, irpon . s~par.r. and privat~
Txaminstion by m.e taken sepsnte snd apsn from ~~aid husband~ atkrwwledged to and before m~ th~t ~ecuted s~id irqtniment fraaly and volun~
~ rarily and withovt •ny compulsion, constraint, apprelxnsior,_ or feu of o~ fromjA~said husb~ndS,
WITNESS my hand and official seal th~• day of ~t~ Z A. D. 19 75
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ff Notary PuWic in ~nd t!M t~ of F ~f L~r~
~ My Commission ~xpires:
Return Ta ~ O
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Fint Federal Savings a Loa~ /4uociatio~
; Of Fort Pfuce. " ~ "
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Fort Pierce, Florida ~ j
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# This Instrument Prepared By John W. Col lins - ~ ~ ~ . ~ . }
~ First Federal Savings 3 Loan Association i. . ; ~
~ of Fort Pierce, Florida = =
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4 Checked By~- ~ o: ~,`';t~~ >..r
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~ ~ ~ t ~~'`~yit~~r?~+.~,'~.,;,; .
800K
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