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To plan ~nd cau4wavsy lu~p on th~ bulldinp~ oow a I~~aftK ~itwN on ~a7d Iwd snd on ~11 ~V+~ipnwe~ +nd vaio~alb oo~+r~d bp ~hi~ narto. t
p~, wtth al) prt~iuna thw~on pa~d ~n fu16 lin inwruK~ in ~I?~ uwal s~~rd po!icy fwn?, In ~~wn approv~d by tM JNOkiGAGEE. u~d wind~roru~
u
Laur+ntt In th~ u~wl aa~dud potic~r fam, in • win approwd by tM MORiW?GEE, in wd? oon~nY a oa~p~ni~ a tM MO~liGAGE! +n~~ ~
dincy ~nd ~0 ik~ Md wind~aan imw~np Potic~ on ~eyr ol sai~l b~Winp~, My? M~re~«t ~Mnln a pWt IMrwf. M ~h~ apq.p~N wm ~fo~aaW a
M ixc~a tMr~of. ~1+~11 tonldn t1+~ wwl ~tand~d mortp~ tl~w~ or wcb otia~ tl~w~ N tM MatOapM may ~pVin,, rt~kino fM loW w~tiK a~id poib ~•4 s
dp. Nt1~ ~nd wwy. WY+bI~ 1o s~W MORiGAGEE N ib int~t~tt nwy ~pp~M. Mrd Nth ~nd ~wry such po1+cY ahdl b~ p/anpNy pa~p~wd M~d ddiw~N! W ~ z !
~ny h.ld by uW MORTGAGEE as fvnh~r s.cwiry ro s.W mo.~pap. d~b~. u~d, nw Nw tA~n hn l10) d+y~ In adv+na of tM ~xptwtbn of rach Po1kY. to dr ~
Nwr b~aid MORTGAGEE ~?~Mwal tl~o% rop~~lw whA ~ rKeip~ fw H» pnmh~ of ad~ ~~newal~ and tMn ahail b~ eo fu~ w wfnd~toren 1euw~np
pt+ad on ~ny oi wId bvild&g~, aey htNat 1Mr~in a put tAawi, unl*w in tiN tam u~d wi~h tM Iwt WYabl~ a ~}anaid~ ~ed in tM ~wM ~np su~ ~
~~Y b~eomN psyabl~ vrd~~ wd~ polky oe polieia ~aW MORiG/1GEE shall iww th~ option to naiw ~nd ~pply 1M sam~ on ~eooum ot N?~ frwAbt~d
nMS wcuhd iwr~0y a b pumif ~aW M~ORTGAGORS a naiw ~nd uw it a~ny prrt tMrwf ia othn pwpaN„ witho,A tha~by waivinp o~ impi;v- r
~+~+Y ~4~++tY. IiN1 Or ~ipM 11~? Ot by 11irtVf Of 1IIiN ~t~~t M~ MI fM ~~Nf11 M~ MORTGAGORS ~MMII fOf My INi011 ~~l{ b I~Mp tI1~ HW PfN111/M W ~`.w
imw~d or f~il b d~livw PranMh? M+1? of sdd polkNs of hawaeo~ b uid MORTGJIGEf. « r.ii aw+~a+h wr w~h •~r w•~ ~~».•rw o. in arhr - -
n~p~d f~1! b pwtann, dbcMrp~, ~x~cvfe~ ~H~tt, compbt~. oomPb with and ~bMl~ by tl+i~ aovaMM, a~ny put hK~d. ~aid AAC)RTGAGEE pl+a and
WY fa wd~ inswane~ a~r pan tMrwf wtMovt w~lvinp w~ffatkq +nf? aWion. U~n. putnr, or ?ipM w+dM w by vl.tu~ o( th4 Mat9ap~. ~c~d tM -
fvll wna,nt of ~ad? ~nd wery wd~ p~ymeM shati b~ inrncdtsqly dw and payabN and ~h~il bsu i~at from the d~t~ tMnof untU pafd ~t tM ~~a of
niM pa wntwn pK ~nwm wid top,etMr with weh Inr~reat tMN b~ Neund by tM li~n of tAb mal~apw
1. To pKmh. oorm~i~ a wff~r ro w~st~, impaKment a d~taio~ation of s~id propNty a~ny part tMrwf.
S. To phr ~Ii ~nd sW~pvlar th~ cou~, ci~qa and ~xp~, inciwf~p a~~nwn~y's f~. .nd oosn of .bu~racn d titl., inax?.d o. ps~d ir
~ .ny Hms by ~aid MORTC?AGEE. b~cwa a in rh~ .wot of ih. fa~lw~ on t!» P++~ d said MORTC/?GOR a duy. V?omWM +nd hdh? w~a~n. dNC1w.q~?
execv». ~ff~a. aomPl~r~. oon+P~y w~rh and ~b;d~ by ~.ch +nd wKy ~M stipul~tiaa„ p~s~wnn. condi~iom, and aownann of wid P?wnisson? ~01~ and thi~
+~rY or ~itM~. u?d ~ad cosn. clwpes ~nd ~xparaes. ~ch and ~vKy. sMti bs immdia»f~r dw and p+Y+blet wMt1~ a not tMn b~ notia dr
+n~rw~, atqmpt ro colbct a wit p~+xl~ and tM fuil amount of ~ad~ and wNy wch psymenl ah~l1 b~+? intKqt frpn tM dN~ tlwrwf wnp p~id d fh~
r~e~ of nim per antum p~r amum; and all ~aid awe~, chupra and sxpMS~a inewr~d w paW. topNt~ with weh inyKat. shaii b~ ~ewad bp t!w li~n of thi~
nw?~O~pw
6. That (a) lw th~ ~wM of ~ny br~seh of this Mortyay~ or defwl~ on tlr pa.t of tM AhORTGAGOR, a(b) In tM w~n1 any oI wid wmt o~F nweNY
hent~ nf~.nd a b~ na pramp?ly and fvly paid wi~hin thiny t~0) dsys rnxt ~fre. ~h~ sarn~ ~wr~tly bcan~ dw ~nd p~y~bl~. withovl d~mand a naia,
a(tl in th~ ~v~nt sxh aad wuy ths uipulariora~, +pr~r?tnts. oondi~lan and cove~»nh of sa~d p~omiuo~y nw~ and Hws morqap~ any a sithK ~n no1
ivy, promptly ~nd fu1tY pu(orm~d, d"ach~rped ~x~cuad, eff~cted, oompl~qd. compli~d with ~nd abid~d by. th~n in ~itl~ w any such rwm tM wid a~
qrp~N wm n?Mtioned in said praniswey not~ ~hsr? r~maininp unpaid. with int~rat ~cuued, and a!1 ena~ey~ a~cw~d hN~bp. slyp beeant dw a+d p~p
•bb fwthv?~tl+, a tMr~aher. ~t tM option of said MORTGAGEE, n fvlly and compl~t~ly as if all of th~ sald wem of enon~ wsr~ apinally stipulated
ro b~ paid on weh day, anythiny in saxl prom~sswy no~~ or in this Morpaqt to tM eont?ary notwithsqndinpt ud tlw~upon w tlw~ah~t N th~
~aid MOitiGIIGEE, wirhout ~~u o. derrond, wit at !aw a in ~quiry, tMrefon or tMr~afre. bpun. m~y b~ prowcw~d a ff all ~an of
hid n1a/Vrld pfiOf to iM kqtifutiOlf. ~ ~t~
7. Tl»t In rl+. wa+t that ar M. bpir~a~q of or a any time p«d'u~p ~ny w~t upon this Morrgap.. or to (onclo~ N, w to nfot~n N. a w enfo.a
P+Y~ of any d~kns ha~unJer, sstd MORTfsAGEE sha!! apply to the Cov?1 havinp jwisd~ctan therwf fa tM ~ppoinMmnf of ~ Rw1ru, wd~ Cowt sMll
fwthwiM appoiM a ~~oeiw~ of said matqaped prop~?ty all ~rd sinp~lu. teKlud,np ~tl and sirgvlar ~M inoon~. pro(in„ issu~s and nv~nwa froi?~ wl~at~vu
souru daiwd. Nch and wery of whic~. N b~inp ~xpreafy undarstood, is har~by mo.rpaged a if specifiully kt forth ~r+d dNVjb~d In rhe prant a~d
InQ a
habend~?n? daus~s hereof. and such ReaivK shall lyw dl ths broad ~nd effactiw functans and powen in anywiw ~nlrwt~d by ~ Cou~t to a R~afvv, and
•uch sppointment sh~l1 b~ msd~ by wd~ towt q a~ admitted equity and ~.~e~ana of ~bsolut~ right ro safd NWRTC~AGEE, and wkAout nfersnw a th~
adpv+cp a inadeq~acy of t!?~ vslw of ths property mw~Qaped a fo the sohrency or insowency of s+id MORTGAGOR or tM ~ltfMdants, and ~hat wd~
renn, profi», i~cans. iswes and r~ven~es sMll b~ applied by wch Reaiwr ~ccordinp ro tM lien or ~quity of aid MORTGAGEE ~nd th~ practia of wch
Co~A. -
8. To duy. P~~P~hl and fvth Perform. dischar~. sxscvt~ eHsct, comple~e, tor++P~Y w1~1~ and abid~ by ~sd~ aod ~
c«xlitio+?a u?d coverwnn ~n said promasory not~ and this m«fpaye ser forth. w~~Y tM stipulstiora„ +Drs~nls.
9. That i~ tM avent tl+e ownershtp of the morty~ed premises. or ~ny part thereof, bscoe~»s v~shd in • pason otlwr tMn tM MORTGAGOR. th~
MORTGAGEE, Ns svcussas and auigns, m~y, wi~Aan ~?otice to the MORTGAOit, de~l wirh such waeua a svaessor in ~ter~at wirh nfer~ to thi~
mo.~Qs~e snd ~he deb~ hKeby sewred ie? tM same en~nne. as w~th Mortyagw wi~hout in any way vitiatiep a dixlwyi~p the Mortfl+pors~ IiabiGty Iwr
under a ~pa~ the debt Aer~by secured~ No sale of ths premises hereby morty~yed and no fabeua~oe on th~ put oi tM MORTGAGEf or ib woassor~
w~uiyns and no exrMSion of the t;me fa ihe payment of tha deb~ i?ereby secured 9iwn by tM MORTGAGEE or ib succ~ssors a assipm„ ahal) opwab
to rdease, disd~arye, mod~fy change a affsct tlw wipinal liabil~ty of tFK MORTGAGOR I+~rein, ~itFw~ in wlwl~ or 1n pwt.
10. It is specifically a~reed that time b of the essence of this contract and th~t no waiva of ~ny ob(ip~tion hKwnder or of tM oWipatioe N-
cw~d hsrebr sh~l! ~t snr twne thereaiter b~ Aekl to be + wa'wsr of ths terms Mrwf a of the instrunrnt sewred harby.
? t. In add~tion ro the faego:rg monthlY payments of princ:pal u+d interett requ'ued by the promisawy nols setvrod herebY, mortp~gor cowMnts
and qre~s to pay ~o mortgapee with each momhiY paYmsnt an addi~ional wm estimated by Qnorty~pe~ to bs pwl to 1%l~ of the ~rnu~l cost of tM fo(bw-
in9:
A-AN real property ta~ces levied or a~sessed against the above described resl estate.
B-Pr~miums o~ iKe and windetorm inswance u~ein requ~red to b~ urried on tl~e improvamenls sifwte oa tfis'~bOvs described pnmis~s.
C-Premiums on such mon9sge gw?snty inswance as mortgagee sh~ll irom time to tune deem fit ro wry on ths loan secured hereby.
Mortg+gee shau fr«n ~~me to rim~ norify morWs9c+ ~n writirg of rM amount dw and payabte harew~dx and. wdt wm ahaY Mereupon b~ dw and
paYable on the due dete of the neut monthlY paYment and each suocessiw montl~ tl~~after uroil mat9~e ~hsll notify mortsayor of ~ charg~ in wch
amount. Such wms shsll b~ ~pplied by mortgaqae toward the p+ymenf of real properry qxes, inswsnoe prem;ums, and mortya~e 9uaranry intws~p
Pr~mi~xM. .
IN W)TNESS WHEREOF, the said MORTGAGOR has hereunto sef his hand and sesl th~ dsy and yeu first ~foresaid. ~J
Siprnd, S~aled and deliwred in the pr~ of: ~ Y
FtL~,~ s~~ =t•.~;OEO /~r:.
! ST. LU',:t` ' :sN; ~ FUl Q
~t~~: =,"'a~s ~ Iarence 5. Elli n Sr . ~
' t' c"- ~Ju~t a /a C. S Ellin t n
~cr , . - . _t.
STATEOFFLORIDA N ~ 11 20 ~~~j Paxolee.P..fiiling. pn
St . Luc ie ~ u~~~ ' •
courmr oF ~
8efore me penon~lly app~and Clarenee S. Ellington, Sr . a/k/a C. S. ElZington ~
; Parolee P. Ellinqton M,;f~, ~o, ~„en k~o~, u,d k~ ro w b.
' rM individwb describsd in .nd who executed the fwepoirg ins+ru~+~t, rd adcnowtedped Mfor~ me tlut tlity euew~ed tM as~ fa th~ pwpos~s
~n.,Q~, .xP,e„~a, ~~,d th, Parolee P. Ellington
~ w;~.,f Clarence S. Ellinc~ton, Sr. a/k/a C. 5. Ellington
'i exam~natiw~ Ify 1IIR ~ikM sepsrate and • from her said hu~b~nd. ~PO^ a s~prab and priv~M
Wr1 adu~owbdg~d b and befw~ nK that sl» ~xea?t~d s~id i~stn+meM fnely ~nd voluo-
r~rily uid withovt any compvlsion, cwutr~int, apprel?egs'~ or f~u of a from Mr ~aW Mreb~nd.
WiTNESS my Mnd ud ofkci~l sed th~ ~7
d~f' ~ A. D. 19~~
. , .
No4+ry Publk in ~nd fw t St~b brida ~t Ls?p~
' My Corrvnaiioe expires:
Retwn To: . ~
fint F~dsral Savirgs 6 Loan Association .
Oi Fwt P~erce. , ~ ~
~ /If~ / f
Fwt Pierce. Flwida
~1 ~ I r y~ ~
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r: . ~ ~10 7ti f: ~ = ~
! This Instrument Prepared By John W. Collins r" ~ ;R
~ First Federal Savings d~ loan Association t c.- ,
; ~ ot Fort Pierce , F lor i da 0 ~ A L t ~ ~ -
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^ ~ , . ~ • ~ t~ ~ ~ .
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Chetked By ~ii~ 60i}K~~~ f~6f ~~i~+~ ;:~;,;.•;,~~?~~,f~='i ~ • _ . .
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