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J. To place and cont~nuously kcep on ~he bu~'J:~~ys ~1ow or hrrea`rer ?h~ete c~ s.+~d ~snd and on ail eq~ip~nent and penonal~y covered by ~his maty-
a3r, wi~h all pran~~ums ~hrr.on pa~d ~n futt, f~re insur~nco ~n the us~ai s•a~~darJ ~,oScy form, in s sum ayp~o~ed by the MOR~GAGfE, e~d windsrorm
~nsurance i~ the usual s~andard Fot,cy form, in e aum approved by the MOR1GAGfE, in iuch company o~ comp~niet as tha MORiGAGEE may
d~reu; and all li~• a~td w~n~~torm mswar.~e poGucs w+ any o( s~~d ba~;d.~.gs, +ny int~vre~ ~herein or pa.t ehereol, in the a99re9are sum afaesaid or
~n eace?t Ihereof, shall :onra~n the usv~~ st.+.~da~d moreg,gee clause or such o~1~e~ c~e~~e as the Mortgayee may requ~r~, m~?iny the ~oas unJe~ sud poli-
c~es. each and rvery, pa~ab'e to sa~d AIJRTGAGEE as ~ts iroerast may appear, a~~d ead~ end e~ery tuch po!:cy sl~all be p~omptly ais gned and del~ve~ed to
e-,~ hetd hy seid 7.10RfGAGfE as turiher srcu~iry ro se~d rr.or~gaye ~cb~, ~~:d, no~ less ti~an ien (10) days in adrance ol the expi~at~on ol each pol~cy, to de-
,~~er to ~aid MORTGAGEE a ranav.ai ~hereol, toyether w~th a rece:p~ ior tha cr~-,i~m of such re~~ewal; and thrre shall be ~o i~ro o~ windstorm inw~ante
p~eced on sny of ~eid buiidmgs, any in~erest ihere~n a par~ ehereof, unlCS~ ~n ii~e fo~n~ a~~d wf~h ~he tosa ;,a~able as aforesafd; and ~n the event any wm
ci money becomtf poy~ble ~nder such poli~y or pol,cies eaid MOR7GAGEE shail havr ~he ophon Io ~ecr~ve and app!y ihe unk on sccount o1 the indebted
ncss secured herzby or ~o per,n~t sa:J ('dORTGAGORS to recr~ve ar,d use it or eny pa~r ~h•rr~~oi lor o:h••r pu.~ .ses, vn~ho~t th4r~u~ Y,a~v. ~r ~n,~alr-
any equ~ty, I;en ur ~~ghr unde~ w by virtue of this morrgage; and in thc event ia'd A10RTGAGORS shall fa any reason fail to keep the seid p~emisr~ so
~~.s:,red, o~ fai~ t~ dri~ver pra~;~Ntly any of sa~d pol~c~es c) ~~wranca ~o se;d ~dOR~GAGLE, o~ fa~t p:cmp~ly to pay fully ~ny premium thrre!or a in a~y
-~s, _ct fai~ to pe~fv+~n, d~scharge, raec~te, eiicc~, canpdrre, con,ply wiiA end ab~de by ~h~s coven.~nt, o~ any p.~it htreof, sald MOR7GAGEE may place a~~d , ~
rai for s~th inwrente or any parl thrrcof vv~t?~o~~l waivinq or affeUirtg any opt~on, uen, eyu~ty, or r~yhl unde~ p by virtue oF this Mo~tgage, ant~ Iht
! anwum of each and e~ery suc~ F•ay~nenf ah.~U t~e ~•*~~+rd~ately Jve end p,tyab?e end 1ha11 baar iNerest irom the date thereof u~~~~l pa~d at the rate ol
~ pir teatum }.et ~ii~„~~n a•,d +o~~_~i._r ..~~h s::h ~n'~•r~-+f sh.,i: !n. srwr°d by thc i;en ol Ih~a rtwrtgeye.
.t. To peimrt, comn~~t c,r suf!er no wastr, impair~n:•nt or de~c~~arat~on of s~id proNerty w any part thereof.
5. To pay aIl and s+ng.~tar the cos~s, thart~es and exp~nsrs, ~nciuo~ng a reasoneb!e at~o+ney's fee and <ests of abstratts of title, inWrred or paid at
, ab~;a by s~id h!O£:GAC•'_E, because or in the event oi th~ fa.t~re on the part of iha said h1URiGAGOR ro duly, pranptty and fv11y yrr(orm, d~acha~ge.
.;,;te, etied, ce:ns,Irte, co.~ply wnh a~~d at,de hy each and cvery the sup„iat~uns, agre~~mCnts, conJd~ons, and covenants of sa~d promiswry note end this
:~r~~ge any or e~ihe~, and sa d ccats, <har~es o~~J rxpenses, each and every, shd!1 Le im~ned:ately d~e and payab:e; whrther or not there be notite dr
at~empt to cofrct or avi~ pend:~.g; and the i~lt amo~nt o4 each ~nd r~a~y w~h paymrm shall bear imerest from the date thereof unril paid at Ihe
` n~ne uer c..,v~,n, ~.r; an.,;:.: , ac~c sa~d wars, ci~a:grs ~nJ ~.e,.•r.ses ~:xwred or pa;d, tc~~ther w~th such interest, ihall be secured by the lien of Iha ~
_•ryage.
6. That (a) in the evrn~ of any br.-~a:h c( th~s Alorrgaga or defa~'r on tFr~ p~~~ of ~he ~lORiGAGOR, or (b) in the event any of said aums of mooey ~
'-•~r'n referred to bc not -o•n ; ar.d ~~~I ~eid w~ri,in rh~rt ;3Ji da s next a~t~_. ~i~e sen~e severail become due and a able, wifhout demsnd w notice, ~
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in thr event each and ever~r ihe s~inu'aticns, aglcemenrs, ce~d~t~o+~s a~d cocenanrs of sa.d pro~nisaury nwe a~~d th~s mortgage any or eithe~ are nol
! ~ i,rompNy and 1~iiy prrformeJ, ds:ha~y:~d, e~ecu+c-J, effacted. co~np:ie!ed, co•~:~.i,ed v.~th arid ab~drd hy, then in e~ther w any such eveM the sa~d ag
~a'r sum rr.ennoned ~n sj~t~ ~7~G~nnSJry r.p!2 then re~~~a~n;ng u~;pa~d, w~rh ~rr,e.r;t a;u„ed, and a~l moneys secured hereby, shall become due and pay- f
~ fonnwith, or fhereaft~~, at tne op•~on oi sa~d MORIGAGEE, as fuity a~vJ canp,e!r!y os if all of tl~e said sums of money were orlg~nally st~pulated ~
~ pa•d on svch d:.y, anyf~~ng in s~.d pro•r.~s:ory note cr in t~.is hSonyage ro thi_ [u~~!rdiy nntwithstar.di~~g; and ~he~avpon or thereafter at the opt~on oi
.-!!1lORiGAGEE, wi!ho~t notice o• Com]nO, S~~f et law or in eq~ny, thereiore or thetralter i>cgun, may be prosetuted as ii aU moneys setu~ed hereby j
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matutCd pn0~ t0 It3 izslitt~t~on.
7. Tha: in ~he event rhar at ~n~ Lc•g:nn ng nf or af any r.me pend~,;g anr su~t ~p~n th~s Mo+tgage, or to foreclose it, o~ to reform it, or to enfo?te i
~•,t of an c`r~~ns hcr ~,nci..r, se~J ~J- R t I a { to the Ce•..t h.-v,:.g ;•~sci c:;ore tiiereol for the appo~nirrKnt of a Receiver, su[h Court shall t
y e U TGi.v__ s~at F p y
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~.~irh appoint a r.;ei.er o! s.,.d ^o•r~a~,d ,~ro; .,riy aif ano s::~J:riar, ir~c:ud r.:~ s:u~,+ar the irtcome, p~ofds, issues and revenvll frOm whatever j
, d~-r~,ed. esth a•,d e.c-~y ot v.'~ ~h. ~r ;k•~~_g r.;.rrss:•~ unde.srona is t.ereb~ ^:r~sgrd as if spec~hcally set forth and deuribed in the 9rsnting and 2
r~dum c'avses her:os, a~•d wch Recr~~cr st~~i; hc•.c a't tn^ brood u~d Gt:E{' .'C i;;r ~,~s a~rd pov.e+s in anyw~se emrwted by a Cou~t to a Receiver, and :
~'~,poin!ment shat: :.~e R.ade by su:n Co~ r; as an aa ~utt~d eqv~ty ~nd a r~ on~~ ~4 ,;t,sotc,r~ r~gM to sa~d MORTGAGEE, and without reierence to Ihe ;
~ ~.y o~ +nadeq.,ac~ o`. tna ~s:ue oi tbe properry enu:t~.,ycd or t~ ri;~ so.~•_ c/ c. ^•.o~.ency oi sa=d MOR(GAGOR p the defendants, and that sueh
~ ; proi~», inton~e, ~ssu_s a~:d re~er;~ei :h~:~ he ~p~l~ed by"such kec_~~+cr :,..vr~:i~g eo tne Len or equity oi said MORTGAGEE and the practice of suth
___rt.
3. Tc dv'v, F=c~rp~;r ~~:d F;;;ty ~'Clf.f'n, (i•SCFtd~y2. Ct<CUt?. Effn~;, ~prp~.fte•, w:th and abide by each and every the stipulations, agreements,
.~..:r.s and c:.:ena~i!s s.:! c,-ao^usso~y ..~'c ~::d tr.s r;,:rryi3e s~-1 iortn. .
9. ;~,at in ~he evc~t sh~ c.:~-r~«~~. cf tn: n,ort~ag:-d prrm;ses, or an~ parr ti•c.~of. Eecomes vested in a persort other than the MORTGAGOR, Ihe
._~~TG:GEc ~}s svcccssurs acci ~s; ~na;, .,~..,c~,t no}:ce 'e ~!:e !:.;iRiG~OR. ~~•;ai r.~tM .vch successw w svccessor in interest with reference to this
~.3r a.d thr d._tf I:~reby s..c:,;.,d i~: the sz~.e n~;~,r;er a; :.~~h 'l:~~r.~aypr w;th.-ut ~n any way vit~ating or d~scharying the Mortgagors' Iiability hert
r or u~~on th~ d.b! h~-rc;., scc•.-,,; ~~o s~.e oi ti.e ir?~• s~s h•_rcby ~nortgaycd ar,d nc fortearence on the parl of the )110RIGAGEE w its sutcessws
~s, ~=.s and no ex•e~s~on of rne n.r:e io- rh,~ ~ry;~ e•a o~ r~~e d~ 6~ h_•.eE~~ secvred gl~en by the MORTGAGEE or ns successors or ass:gns, ~~~all operate
~•c3se, d~sctia~ge, mud~fi :~ange or affecr t'~e c•!g~ro1 i~.~;t~ of :ne Il.ORTGAG~R I~ere~n, eitner in whole or in part.
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10. It is spec;.'rcally :.g•~-ed rha~ n~~,e ;e cf tl~e rsse:~ce of th;s contrar. and fhat no waiver of any obl~gat~on hereunder ot of the obtigat"an sr ~
~ d hareby sha:t at en~ ti.~:e tn~~eafter be he~d to b~• a v,.,~.er ef the terms k?rBOI or of the instrument secured herby. {
1 i. !n ~,~d s~;-: rr, r!,_ i::•e ;o r ,r~:', ~.a, ,nrs o` p~r~c : a? and ~nre~csi req; ~+ed by ~he prom~ssory no~e sew.ed hercby, mortgagor eovenants
:~ees te ;:ay •o ,.~•r,a,,~.;e r,~~h r~cF,:, ..,~t er ~cici.•+u-,a: s~~m _!•.d b: .nortgagee to be eyual to l; 12 of die annual cost of the follow-
q~-P.t{ .._al proY.,.t~ ~~...5 -~e.._.. o• :a.s•_,__ •.~i~ s' ~t~-. nF.~-._ :i~•s....,~~d ._~t ~s'~:tr-
5- Fr:•: on ~~,d r:;~dsrc•~~: ce 3s e:r: r: q~:red :o b~ ca~.~•.d o~ the imp:ovements s~tuate on the above described premises.
C P s ~ :r+~. e gue-+ ~cc•r.~.~~ ~ s.a:~ fr c ro e deem fit to tany on the loan sewred hereby. }
~'.'.o c e•• s_ j•c r, :.r ~ t,e • f t, r. ,v~;e:r cf o..~t ci..:• and ps abte herevndar and such sum shafl thereu ~
1~ 9=' ~ pon be due and ~
on +h~_ a_ c< c _~r e:~.~ ••r a:~3 e,c~ s;~c~~s~~~e rc~,~h ~~.~-Falcar uctii mortgagee shal! norify mortgagor of a change in wch
S.rc~: s~•r.s s.~.,_ _,.cd i! ~T ;.-y,,:~ :c::.±•d •~,e payn;?nf of re~: r~ccert~ raaes, insurance prem:ums, and mortgage guaranty insurance
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L•J .';IT'iE~S 't~N_REOF, r~e 53.d ~:,~iRi~:AGJk has n•.rev^ro se! h;z h;r.ci a~td s~•ai the day and year f" st aforesaid.
' 'Signed. Sea!rd and d~~i-er_=d in the cresente of:
I ~Seal)
` ~ _ _
(Seaq
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- s - - (5eaq
~ - - (Seaq
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: = fF fLORIDA ~
9
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; :~:TY oF _ St . Lucie______ _ i
= Frederick S. Bussard
~ Before me perionaily aP. e~red aod
Yvonne Bussard
~ his wife, to me wefl known and known to me to be
~ ~d~v~dua~s descr~~~-d in and Nho exec;,~ed the fQregoing instrurner.t, and acknow~edged before me that they executed the same for the purposes
3 ~_•~~n expreased. Md the said_. -__-~VOIItle _Bussard
~ of rhe sa;d FrederlC~C S. Bus sard , upon a separate aod privats
_ - - ~
~ -~ar:on by me ~eken s~parate and aoart frcm her sa~d husband, atknatiiedged to n~d beiore me that she executed said instrument freely and voluo-
~ , a~.d w~!hout any cornpu`.tion, cor,straint, appreher.s~on, or fear of or from her said husband.
; `:lfitv~55 my hand a~~d offic•al seal th:s --21St---------- day os------November A_ D. 19 75 {
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F _ -:%_~.Il___ .
_ S ~ C+1 ~ ; Y ~ L 4. Notary P~ lic m and for Sta~ of Florida at large
~ • • ~ ~ My Comm~ssion oxpire .
Retwn To- ' ' J '
J
1 ' . . . _ . ~.~.~.t'
~ ~st Federa. Sa:ir.gs 6 loan Assooaton I , - , ~ - ~ .
(~f ~c~rt P 'O_ ~ ~ ~ . ' ~ a .
Fort Pierce. F:~ ;cte NiJY I~ SC I J ~ ~ ~ ~ ~ . . . • . ~ .
,•iltt •I~SIt~~~y:.
~ 321839
~ This Instrument Prepared B~ichald K. Kayes ` _ ~
F:rst Federal Savings 8 Loan Association r-± ~ ~ ~
~ of Fort Pierce, Florida _ f~ ~ • - ;
~ r ~ Q
~ Checked By~ su PK~ ic~ F1GE 705 =~,s: _
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~ _ ~ ^ ~ ~ . . . '
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~~~'~u.e<~:-.'~3~-~ ~ ~ '+~i 1a3~ ~ ~ _ .