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To plaa u~d contin~ousFy ke~p on ~h~ b~ildh+ps now a Mr~aftN sf~u~q on said I~nd ~nd on ~11 pvipnNnt ~nd pKSOn~ily towr~d by fhi~ ewrtp~ ;
pw with dl pr~mium~ ~Iwrwn paid in f~ll, fir~ in~w~nu ln tM uwal i~~nd~rd policy tprm, in ~ wm ~pprowd by th~ MORiGAGFE. ~nd wind~tan~ !
4aw~ M? ~h~ uswl uandud poi~cy fan4 fn ~ wm apprw~d by tM MORTGAGEE. in wch tomp~ny or oompw~i~s p ti» MORTGAGfE nwy :
dM~ct~ ~nd ~U tln ~r?d wintka.m «uw~no~ policiM on ~ny of Nid build~nqt„ ~ny Muer„~ ~twNn or put tMrwf, In tM pWt~h ~wn ~for~atd or .
In ~xc~ 1l~wf, ~1+~I1 conuin tFw uwal aandwd monppN clww o~ such alwr clw~ ~ tlw Matpp~ m+Y nquin, nuklnp th~ lost urwlK Nid poiF ~
ci~+. ~ach Md w~ry. wr+bt~ a satd MORTGAGEE ~s in iM~rtN may ~pp~+?. ~nd ~aci? and ~wry wd~ poKcy ~h~li b~ panpUy ws:~nd ~nd d~uvK~d ~o ~
~nr Mld by said MORTGAGEE as twtMr Ncwity to uid mor~pay~ debt. and, eW I~s~ than tM (1~ d~y~ In advar~a o1 th~ ~xpk~tion oi ~acl? potky. ro d? k
Ilwr b wid MORTGAGEE a ~en~wd thw~of, top~thw with • naipt fa ~M pnmiwn of wci~ r~e?ew~l~ ~nd thK~ sh~ll b~ no fin w wind~tam inwranc~ i
ptaad on ~ny of s~k! buildinps. snt? teraNt tM.~in ar put tMnof, vnass ~n rh. to.~. .nd wi~h ~M ~oa• P,yabi. a.to.•sad, «~d ~n d+. .v.M .Mr w~n
of nweNy beeore~s p~yabN u~ weh poliey p policip Mid MORTGAGEE shall Mw ~M op~~on ro naiw ~nd applr tM anN on aeoow+~ o( tM Md~D~ed
~s atw~d I~~by w b permlt aid MORTGAGORS W naeiw and v~ It a any pu~ tMrwf fw othe~ pwpos~s, withoul thK~b~ w~ivinp a Mnpair. ~
inp ~ny p~ify, li~n w rght undN w by vtrtw of tha nartyp~1 ~nd in tIN ~Vlflf Nid MORTGAGORS ~INII M/ aflY fNtOfl fill 10 I[N~f 1M NW ~M?IMi f0 .
i~aw~d, ot fafl b d~liwr pomptM u~y of uW polieies oi iinw~nu b wid MORTGAGEE, or fail promp~y ~o par fuly any pnmiuen ~h.r.fa a M any i
r~ap~et fail b pKforen, dischw~. ~:~cvte. ~ff~d. eompl~h. eamPh wi~h u~d ~Wd~ by tAb cown+M. w.ny pan 1,«.of, s~id MORTGAGEE m+y plaa and ?
p+r fa sueh tnw..no. a soy p+rt tMreof wi~hou~ walviep w aff~ctlrp +01? oM~on. U~n. pulty. a ripht undM a by vlrtw of this Matyap~. and tM - ~ 1
full ~moiret of each and evay wch paym~m ~hall b~ um~wdiauly dw and p~yaW~ aod sMll E~a~ u,r.r.s~ f•om ih. dah ~herwf urou paW N rM ..a of _
nln~ pN umvm pM ~rnwm and roye~he~ with wch intae+t shall be sec~r~d by tM IiM of thi~ mortyp~. ' ~
1. To p~rnU, camdt or wff~r no wast~, imp~Lmsnt w d~taior~tan of ~aM propNtY a any puf ther~of. ,
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S. To pay all ~nd ~i~gular the cosh, ch~rp~s ~nd ~x~y includinp • r~awr?~bb ~ttwn~y's f.. s~+d aosn of abanans of ~i~l.. Mxun~d o~ p+id N
any time by sa~d MOIETGAGEE, b~cavs~ a ie th~ w~nt of ~M failw~ on ~Fr part of tM s+id MORTGAGOR to duly. pr«npty +nd fully pufwen, dixlury~
~xecvr~, ~ffea, compk~~, compy w~th and abid~ by ~ach and wery tM it~pulat~an aqre~men». conditia?s, and cowoaon of wid prom;swry eor~ aed tlw ~
^+at9+p~ anY or ~i~Mr, and said eoab. ehu~s aed ~apNa~~. ~aeh and ~wry, s!»II b~ imre~dia~y dw ud pay~s wMtha a not tMn M notiu d~ F
mand, attempt to oolNct o? wit p~ndiny: and tM fvll ~rnounl of ~ach ~nd w~ry wch p~ym~n~ ~MII bea interest from tM dab tMtiof vntil pstd ~t the ~
rate of nine per centum per uwwm; ~nd all said costs, thu~ts uw! ~xptns~s irKwnd or paid, tope~F~ with wth Intwpt, sh~li b~ secw~d by tl» IiM~ of this
.
6: TMt (al in ~he ewnt of ~ny breach of this Matqap~ or d~tault on th~ p~A of tM NIORTGAGOR, or (b) in tM ~wnt ury of ~+id wms of nar~y i
he..tn r•te.?.d ro b~ na P.a.~?y snd fvly pstd within th'vty (30) d~ya n~xt ~fte+ tM sam~ sev~r~ly b~can~ dw u~d p~yabb. wNhovt dan~nd a notic~.
or in tM ~vent exh and w~ry th~ itiput~tion~„ ~ynements, condi~iont and cowMOts of sud praniuwy not~ ~nd this matpp~ arhr a eithu ~n no1
iuly. promprly and fully pKfwm~d, d+scharped, eaecuted, ~ifeded, ca.npl~td, compli~d witF~ and abided ~iy. tMn h ~itMr or any wch ~wM t!r s~id
prepate sum mentioned In said promissory noro then rsmaininp vnpaid, wiM Inte~~st ~cuwd, u+d all moMys a~cwsd h~r~by. sM~l bsoan~ dw a+d piy~
~bl~ forthwith, a there+fter, al th~ option of faid MORTGAGEE. u/~Ily and compl~tely as il ~II of the said wrm of narny wert apin~lly s~ipvl~qd
ro b~ paid on s~ch daY. ~oyfhLg M+ sa+d prombsory noq a in tha Mortyay~ to tM conrrary notwithsrandinp: and th~raipon a ther~~hK ~t tM optiQn of
ss~d MORtGAGEE, without notia~ or d~ma~d, wit at bw a in puity~ 1IIHlfW! Of tFltlNltN begun, msy be proMCUt~d p if dl mon~y~ s~wnd h~r~by
had ma?wed p.a. ro~n institurion.
7. Tha~ in tM event tMt at tM beyinninq of o~ at amr tim~ pendinq sny wit ~pon this Monpage, or ro faroclo~ h, a to nfonn h, or b~nfae~
payment of any daima he~eu++der, said MORTGAGEE shall apply to th~ Co~r~ Mvinp jvrisd~dion thereof iw 1hs appoimrt~nt of ~ R~aivK, tuch Cou~t sh~l)
forthwith ~ppoint a reoeiva of ~aid mortpsQed property all ~nd wpvlu, intludmp all and sinput~r tM incoww. profits, issws ~nd rw~ra hpn wfiat~w? .
wwcs derived, each ~nd ~very of wh~ch it b~inq ~xpresaly w~d~rawod, is hpeby matp~ed as if sp~cifically s~t ionh and d~wib~d In th~ p~ntirq u+d
habendum davses hereof, and wch R~ceiver shall Mw all IM boad and effectiw funcrions and po~rers in ~nywis~ ~nNU~Nd by a Cowt ro a R~oeivp. ~nd
such appointmenf shall be mad~ by suth Cowt as an idmitted ~q~ity ~ed a matter of absolute ri~ht ro s~id MORTGA6EE, and witlqut rtfKa~ot q the
adequacy or in~dequacy of the wlu~ of tfie qope~ry mort~s~~d or ro ~M sonr~ncy w insolvency of said MORTGACaOR a tM drfe~daeta, and that such
rents, profits, incane, iuues u.d revenues sh+ll be appiied by such Receirer acwrd~np to ths lien ot ~quiry of said MORTG/1GEE and tM p+ctia of wch
Cowt. [
8. To duly. P~P~~Y ~nd fufh P~rfonw, discharps, execuM. affec?. eo^+Pkte, con+P~Y with ~nd abids by tach u~d ~wry ti» stipulatioeb„ ~rNm~nb. [
conditioru ~nd wverw?~s in s~id promiszory not~ and tha mo.tyspe tet forth. ~
9. 7hat ie tM went ths ownenhip of the morty+ped prunises, or any part thsreof, becomes vat~d in ~ p~non otMr lhan tl+t MORTGAGOR, th~
MORTGAGfE, Its wcceuas and usg~u, msy, without notice to the MORTGAOR, deal with such wcceuo+ a wuessa in intK~sl with nfer~p to this
mort~~ and the debt hereby secured in th~ same rn~rrkv as ~vith Mortpayor without In a~y w+y vitiat&+p a discMrpinp th~ Matyapors' lisbility Irrr
ur~r.w upa~ the debl htr~by secured. No sals of the premises hereby mortyap~d ~nd no fwb~ar~noe on th~ part of tlk MORTGAGEE ar iri waessors ~
or assigrn and no e:~ensan of rhe time for the piyment of 1he debt hereby secured piven by the MpRTGAGEE or its succes~on or aaiQns, ~MII opad~
ro nkase. discFyrye, modify clwrge a affect ti~s wipinal (isbility of tFk MORTGAGOR I~ein, titlw Fn whols or In p~rt.
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10. It h specifically agreed th~t tim~ is'of the essence of this contr~ct snd th~t no waiwr of any oblig~tion Mreunder p of th~ obllpation sr l
cw~d Mreby shall ~t any time thaeahar b~ Aeld to be a waiver of the terms hereof or of th~ imtrumem sew~ed Mrby. E
11. In addrtio.~ to the faego:ng monthly payments of princ"pal and i~terest requued by the promiswry note aecured hereby, mortgagor oownanb
and aprees to pay to mortyagee with each monthly paymem an additanal sum estimated by mortyeye~ to b~ eqwl fo 1/12 of the umwl cost of the fdbw-
in9: ' '
A-All real properry taxes kv~ed w aue~sed ayainst tIx above described real est~te.
B-Premiums on (ire and windstorm insurance as here~n requ~red ro be urried on the ~improvemenb sitwte on iM abov~ describ~d premkes.
C-Premiums on sud~ mort~age guaranty irnurance u mortgsyee sMsll from tim~ ro t'rne de~m fit to cury on ths losn aecurad hereby.
Mortgagae shsN from ~ime to t~me no~ify mortgagor in writirg of ~he amount due ~nd p~yabk herwnder and wch wm shsll therevpon b~ due ~nd
, payable on ths dve date of the next monthly payment and each successive month tF+ereafter until matyagee sMll notify morty~yor of a ch~ny~ in wd~
amavM. Such sums shall be spplied by mortgagee ~owa~d the payment of real property taxes, ir~sur~rxe premiwns, ~nd mort~ap~ 9uawnry inwr~nce
prcmiums. ,
IN WITNESS WHEREOF, the said MORTGAGOR hss hereunto set his hand ~ al the day yeu fint afaet~id. ~
I Sipr~ed. Sealed and deliwred in the pres~nce of: fIlEO AN~ ~•i.v~sZD~
~ ST.IUC;L ~~OUh1Y FLA.
~ ~ ti1~S q
~ 'r ~ ~ - - ~ ' Vincent G. Daniels. a sinQlee,ardult
~ ~e~ C:E'~ • ::st, ~".i~
I • , vFf:n? ~ - .:C~
n"4 F
~C1 3a IO 16 AK' 7~
STATE OF fLORIDA . ~ 3r'~+~~
~ St. Lucie
courm oF
~s„~,,,~ ~„«„~~y,~a~ Vincent G. Daniels, a single adult
.rid
-hi+rMife, to me welf known and known to me to b~
th~ individw! described in and who executed the fore9oiny insttument, and acknowle~ed beEoro rtw tMt !a~ ~xewted the same fw th~ pt+rpos~s
therein txpressed. NR~d ~!Il~~ ~
w1frOF~l~i'Aid ~n ~ wrwMr w~d ~r(v~b
ex~www~i~n~bq~we~t~lw~ ~sN~sni ~pw.fraw~wrs~ir ~aw~
~~~tr w~~w +n~ ~tlwf~ ~M e~ew~M ~w6 iMlwnwewt~irwl~ ~~n? ~
ra.ilp ~wd.tiwtk~u? ~r~~p~riir+~ ~wiMwi~t~. ~pp~el~~io~~w1~. ~f. ~r~fw~ ~~ii bu~wwd.
WITNESS my h+nd and off'~cial seal day of OCtObel' , A. D. 19~~ ~
:
~ Notary Publit in ~nd for t!w t~ of Fbrida ~t tary~
~ My Comrnission ~xpires: /e . 0. ' / ;
R~tu~n Ta r (
3 Fint federal Sarirgf 6 Loan Association ` F
,r:~ , }
~ Of Fort P~erce. , ' +
~
~ fort Pierce, florida _ . d ` ~ y ~~~~i~
t~
•~y.
~ , , - . ` '
This Instrument Pre red B Z~, _
pa y John W. Col l in s
First Federal Savings b Loan Association ' ~
of Fo~t Pierce, Rlorida 33450 ~1-3'~
€ _ 4 I •••'a
C~IeC~CCC~ B~`+~~" ''•'t? ~
~ . _ '1., _ , . • ~~`p
'~;~~:j..l:!.
~ So~ 24~ ~ 894 ~ .
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