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To pbci and contiriuously kNp on th~ bu~ldi~ps now a Mr~aitK uf~a~~ on s~id land and on ~il puiprtwnt ~nd p~nonally cov~?~d by IhN narq~ .
p~, wilh ~1) prsmiums tFwrwn paid ie? fuU. (i?t in~ur~nct in IM uswl stae+dard policy fo~m, In a swn appiov~d by 11» N~ORIGAGEE. and wi~toren r
insur~ncr in tM vswf ttandud policy (orm, le ~ w~n apprwed by ti» MORTG/1GEE, In wd+ company w companiq p tM MORiGAGEE may '
d~~K~r +~d ~11 fu~ and w~nibtorm inwr~nu poticies on ~oy of ~aid buitd:nps, any int~nu th~reM a put thsr~ol, in tM ~yy~ey~~ ~wn afw~said a -
In ~xust therwf, ~MII contain tF» vswl s~and~rd matp~qe~ clsw~ w s~ch orlw~ davN p tM Mo.paQN maY ~~qei'u~, n~akinp Ih~ loa u~de~ ~aid po1F
c~a. ~ach +nd wery. paY~bl~ ro said MORiGAGEi ~s ~ts inle~e~t may appa~r, ~od each and ~vay ~uch poticy ~halt b~ prompdy ass.9nad and deliv~red ~o
~ny Mld by aid MORTGAGEE as fwthar secvrity to s~id matp~e debt, and, not !~u ~hae an p0? days L+ ~dwna ol th~ ~xpir~tion of ~acA policy, to dr
liv~r to Nid MpQIGAGEE a rtnewal ~?~awf, ,top~~h~r with • r~ceipt for 1hs pranium of tuch ~~watj a~d thc~~ tMll b~ oo fin or windttorm inswux~
plac~d on a+y o{ s~id b~{Idinp~, any i~t~rest ther~i~ o~ p~~~ thereof, vnless in ~he fam and w~~h tM bu pay~bl~ +s ~(wesaidr +~+d M~ tFK ~vMl any twn ~
of mon~y betarM~ p~yabte v~der ~uch policy o~ policiea said AAORTGAGEE thall Mro ~M option ro r~cstw u~d spply tM swn~ on ~ccou~~ of UN ind~bted~ • .
ness Ncur~d ht~~by or b permil iaid MORiGAGORS to reteiv~ and u~s N a any put thereof tw other purposts. w~lhout thereb~ wsiving or ~mpai?• .
ing any pu~ry, lien or ripAt under a by virtus of this morsy~j snd in tM ~vent w~d MORTGAGORS shaq fa s~y r~ason (ail ro keep tM said pnmiaes w
i~sured. q fai! b delivsr promptly ~ny o( s+id pol~tiea of intwant~ 1o sa+d MORTGAGEE, w(sil prompdy 1o pay fully ~ny premium tM~~fa p in any
re.pea fail to pKfon+L diuhs~gl. ~:ecut~. ~ffect, comple~~, canply with u~d ab~d~ by thi~ cover+snt. or ~ny parl hereoi. said MORiGAGEE m~y plac~ ~nd
pey fw ~ucA ;nwrenct a a~y p~rt thsreoF wirhout waivinp or affecrinp any opt;on, lNn, squ~ry. w rgM urxler or by virtw of thit Mortyaps, and tM
tull a~~ounl of each and ~wry tuch payment ihall b~ immediately dw a~d payabt~ ~nd shall beu iRteretl from tM dat~ Ihtteof u~1i1 p~id ~t IF~e rat~ ol
~~ne pc+ centvm per annum and togellur wilh such inie~e?t shali t,e sec~.ed by the lien of this matys~~,
1. To pKmit, commil or suf(er ~o wut~, impairment p deteriwation of said properry p~oy part ther~of.
S. ?o pay ~N a~d sinyular ths cosb, char~e~ and expense~. includinp s reasonabl~ ~ttwney's fe~ and wsts of ~bitract~ of tHl~, i~cwred a paid at
ar,y time by ssid ly1pRTGAGEE, bacause w in the event of ~he failu~e on Ihe p~n of ~M seid MORIGAGOR ro dvly, prompNy and fully pstlprm, diKMt91,
zxecvte. effep. compkte. comply w~th and ~bide by each •nd every the s~iputst~ons, agrtame~es. conditiom, and covenanrs ot sa;d pomisywy nota +~d ~hi~
morrgage any or ei~hcr, and w~d costs, cMrges and expenses. each and every, shall be immediately dw u~d p~yabks whe~hsr a not there ix notite dc
mand, attempt to colkct or wit pend~rq; and the fvll amov~t of each and wery s~ch paymem sMtl bea. interesf irom tke dats the~eof ~nril p~id at fht
rarr of nine per ceMUm Wer ar~num; and al! uid coats, ch~rg~ a:~d expenses inc~rred a pa+d, 1opelher with tuth iMtrKt, ahall b~ sacured by 1M lien of thi~
mortgasp,
6. Th~1 (a) in the event of any beesch of tha Nortgaga w defavlt on ths part of the MORTGAGOR, or (b) in the evenf sny of said svmt of money
herein rofetred ro be not promptly a~d Fully psid wifhin thi,ty l30) d.ys nexl afrer the same severatly betoma due ~~d payaWe. wilhovt dernand p notite.
or !c) in the event esch and every the itiputations, ag?semenn. cond~tions a~d cavenanrs of sa~d promiuory ~ote ~nd th~s mwt9ape aoy p dther art nol
iu!y, prompNy and fully perfwmed, d~xharged, eaecuted, eifMed, compteted, comptied witi+ and ab+ded yy, then in eitl~e~ w~ny such tvent tM said ag
g:egate sum mentioned in said promissory note tixn remaining w+paid. with iMerest accrved, and all moneyt setured hereby, sFwtl betort~e dus ~nd p~y-
ab!e fwthwith, w there~her, at the opt~on of aald MORTGAGEE, as fulty ard comptetely as if all of 1he said sums of mon~y wer~ ori~in~tly st~pubted
ro be pa~d on svch day, a~ything in sa:d prom~ssory note or in this N4ortgsge to the contrary ~otwiihata~ding; and therwpoe~ w thereahar at tM opt;on of
sa~d MORTGAGEE, without notice or demand, wit at law w in equity, therefwe or Ifiere~(ter begun, may be prwecuted as if all rrqntys tecured he~eby
had maturef~ {NWf t0 iri institution. ~
7. ihat in the evenl that at the beginning of o~ at any t;me pend;ng any su;t upon tF,is AAo?tgage, or to foretlos~ it, a to refwm it, or ro enfwa
payment of any tlaims hereunder, said /y1pRTGAGEE shati apply ro the Covr1 havir,g jur~sd~ction thcreof fw the appointment of a Receive~, avch Court shall
fc~thwith sppoiM a receiver of said mo~tgaged proptrfy ati and sin9ufa, inctud~ng alt and singu?at the irttome, profitt, isfvei ~rfd reysreyea lrpn wli~tever
seurce derived, eath and evcvy of which, it being gxpreuly un~icrstood, ia hereby mwrgaged p if spetificatly aet forlh snd destribed in fhs yr~ntinp and
habendum clauses hereof, and such Receiver shatt have a~l the proad and effect~ve funcnons and powen in anywia~ entrwts~ by ~ Caxf to ~ Rsteiver, ~nd
s: ch eppointment shal! bt made by wch Court ss an sd,n;rted equity ind a maner of absolute right to taid MORTGAGEE, and without ~reference to ths
adequacy or inad+equacy of the valw of the property mortgaged w ro ~F~e toivency a insolvency of i~id MORTGAGOR o~ the defMdanb, and that such
re~~s. profita. income, issues end revcnues ahatl be ~pplied by such Receivcr a:cordu,g ro eAe lim or eqviry of aaid NWRTGAGFE and ~he praaice of svcl~
COUrt.
8_ To duly, prempt;y and fully perform, discharge, execute, ef[ect, complete, comply with ~nd abide by esth and every the stipulations, apreemeori,
conditiona and covenants in sa~d prar,issory note and ~h~s mwtqage ut torth.
9. That i~ the event the ownership of the mortgaged prcmises, a~ any part rFxreof, becomp yeated in a per~ other fhsn the NWRTGAGOR, the
h~.OR:GAGfE, in succe:sors and suigns, may, w~~haut no~ice to the MORTGAOR, deal with s~ch successa w svccessor in intersst wi~h reterence to this
r.~o; Tgage and the de hereby sccured in th! same manrter u with Mongagor without in any way viti~tiog ot dixha~ging ihs IKonyagpn' lisbility hert
,nde. or upon the r he~eb,r secu~ed. No sald of ~he Frem;ses hereby m«tgaged and no forbearance on tM part of the MORiGAGEE w its successon
or assfgns and no rcmion of the timr fw fhe payment of thc drbf Mrehy :ecured given by tM IL1pRTGAGfE w Gt~ successors or assigns, sha11 opetate
!o re!ease, d~x pe, modi(y cl~ange d affect the original t;abif~ty of the MQRIGAGOR 1~ei~in, eithu in whole a in put..
10. !t is speci/ically agreed tha~ tirne a of the essencr of th;s contract and thal no w~iver of aoy obligsew~ he~wnder a of tha oblipation se-
c~~red hereby shall at any time thereafter be held to be s wairet of tlx terms hereof w of tFk inttrument sec~red herby.
i 1_ In add~t;on to the fwego'ng mon?hly payments of pn:u"pal and interest reqe,;red by the promissory no?e secured hereby, mortgagor cpvenants
~•-•d agrees to pay to mortgagee with each monrhty p~y~,tent an add~roona! svm essr.-nated by rnwtgagee to be eqval to 1/12 of the annual cost pf the follow-
"'3
A-AII real prpperty taxes levied or assrssed agai•~st the aEove described reat es~ate.
B-Premivms on (ire and windstorm insurar.ce as herein requ~red fo be carried o•~ the improvemeats sitvate on the sbove described premises.
C-Premiums on such martgagp gumanty in.surar.ce as m~rtgagee sha11 Irom teme to time deem fit !o carry on the bsn seturtd I~ereby.
Nbrtgagee shall from t~me to time notify mortgagor in writing of the amoum due and peyabk herewder and suth sum shslt thereupon be d~e and
.;veble on the due date of the next moNh:y paymenf aod each wccessive month theresfter ur,til mortgagee shall ootify mortgagor of a thange in such
a~ ovnt. $uch sums shatl be apptied by mo~tgagee toward the payment of rea) pronesfy taxes, inwrarxe p~em:ums, and mortgagQ 9uaranty insurante
c: en;~ums.
IN WITNE55 WHER~OF, the sa~d MORiGAGOR has hereunto set his hand and seal the day and yesr ~rst ~foresaid.
Signed. Seated and detivered in the presence of:
f1Lf u at _ f,rC~~+4E0 l • n
ST. CJC;= ~~UI~TY flA. ` /I' ~itf'~tJ~[x•c,l~.~r-4• ~J.~
R%:,_~~ ~r,i~~~s r~(Se~O
E':ti . .,'3~T COURT .
~ e f~!`: y F. - y~~`~
IL.
Si;,TE OF FtORID/1 Z9 n~'~"
~o~r~r? oF st. Lucie ~ 32Q'734
Before me personally sppeared ~1~ Caviness ~.~Y
Patricia B aviness bis wife, to me we!! known and known to me to bs
:he ~ndiv~dvsti described in and w h o e x e c u t e d t h e f
a e g o
i n y i n s t r u m e n t, a n d a c
k r w M r l e d g e d b e fore rne t h a t t h
ey execut e d t h e same ior t h e purposes
the•ein expressed. And tke said- Patrieia B. Caviness
: r~ of ~;d Wi I l i am J. Cavines s Jr . ~,,~„te .~a ~.~,.f.
c• a.m'nation by me taken separale and apart from her said husband, adcnowledged to snd before me that ~he exetuted said imtrumem fteely ~nd volur?
a:iy and wifhovt any comp~lsion, constraint, a~t~enswn. or fesr of or from he~jsaid hus nd.
VlITNESS my hand and official xal this da of_ '"OVem~@r A D. 1975
Y
Nobry Public in ~nd f Stat of Florida at larpe
Return To: MY ~m~ssiw? expir
F:rst Federal Saving~ ~ loan Associat~on tfOTARY PUBIlC. STATE Of f10R10~11 rt !/IRCE
Of Fort P~erce. MT COIAWISSION DIPIRES IAN. 7~ 197~
fort Pierce. Flxida ~Q~ ~ ~~f ~
. . . .
" . ~ . . .
` 1
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This instrument Prepared By RiCha?rd K. Katyes , ' ~
First Federal Savings & Loan Association p p ~
of Fort Pierce , Florida BOOK245 P~CE~O~ - _
>
Checked By ~ ~ : ` : ~ '
~ , . .~i
= `
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, a~ y~,~, ~ r~(' 1.
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~L'.~'~' ~a` ~ ' ~ ` -=~s .__~:_r~. ~~.a~-. . -._-r..m,,.~.a.~. _
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