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To plaa an~ ca+~kw~o~sly kwp on :h~ bvitdi~ now or hKafte~ ~Nvn~ on faid i~nd ~nd o~ all oq~~pnwnt ~nd pMSwwlly o~wr~d bY ~is na~~
p~. wNh ~Q prHniwm t:x~~on p++d in EuN. fite insw~na in ~M vwa) sra~+dard polky fam. (n a w,~n ~pprowd by d» MORTG/WEE. and w~odtto?e~
ina+rtma In rl» ~sw) qanda.Q poli~r torm, in ~?um app~o`~d by tht Ak71tTGAGfE. M? wch can~anr a oa~~Mt a tla MORiGAt3E6 ~~11
dinsls and ~U 11tr ~+d wind~rorm irpw~nat po~ic~ on rny of ~aid bviid'a~s. ~ny inbr^at tMnin w pwt ~Mr~. in tiw pp~~st~ sum skrss+id a
b ucoat d+~raoi. sl~lt conain thi vwal ata+d+rd ~+or~ga~ cin~w a sucA otMr clauw a.tM Maq+pM m+Y nqvin„ ~YY~ Hr lasa uedw uid poW
cfK. a+d~ and wery. WY~bI~ tv ~a~d MOtI'W?GfE a ifs inN~a~ may ~ppwr. uid c+ch Md ~vtry wd~ po~ky ~hall ~ promptl~l ass~d and d~liwnd te ~
anr MW by wId ARORiGAGfE a fv.tMr wa+rity to ~airl m~t~+y~ d~bt. and, nW bu than ~~n l~~ d~yt in advuks of th~ i~k~tion of ~ policy. b ds
(iwr M• sti~ MORTGJ?GEE a rene•eral ~iwf, topaMr with a ~sce~pt la t1w p~~~ium of such r~n~wa4 ~nd th~n ~ail bt ro fu~ or wl~~am Nawwat
pliad on any of s+W buildinqs. a~y int~r~st th~r~in a pai+ ~M~wf, v~l~is i~ tk1 fonn ud with tM Iws paY~bM u~forwid~ and in tM ~wM any twn .
oi ~y b~ooee?~s pay~bM veKlM weh pdiey w polieiw ~aid MORiGAGEF shall haw tia option ro neeiw and ppiy 1M s~nw an aeoow~l of th~ ir~bt~
nq~ Ncw~d hK~by o? a pr.ewt s+id MORT~I?GQRS ~o nuSv~ aed~ h a~ny pK? tMrwf fo. oH+u pwpaN, without thereb~ waivinp u~ N~p~iN
Mg +nr pv3tY. li~n or ~ipiu ww~r ot by v4tw of ~hiq mort9~~tt ~nd in tM ~v~e?t ~aid MORTW?GORS sMll for any ~~sson f~il b k~ep tM wW primi~ w
M~w~d, ar t*i) b dsliva P~a^W!Y +^Y of said policics of i~wranct to s~id MORTGAGEE. « r~i ~~ir a ar ~N +~r v~«~a~ rt+e~•fa « in sny ~
nip~p f~il b pafonn, d;schupu, sx~w1~, effact. complete, comply wuh ~d ab~ds by th~s cov~~w?f, or any p~rt hu~of. s+W AaORTGJ?GEE ma~ pi~a and ~
WY fa wch imwaoc~ or any pat tMraof wi~hovt w~lvi~p w~ffectin~l +eW oP?~on. ~i~n, puM1?, or riy'ht wxJi+ a by vt-fw of this Morfpspe, and th~
full e~+owu of a+ci+ ard swry svch paymem ~hap be imn~diately dw eod qyaW~ ~nd s~+all b~ar tn~sat from th~ dat~ ~M~wf cw~Hl p~id ~t tM ra~s d~.i'~
nin~ PK a++hrm pu ~nnwr and to~thK wi:h wch ina.os~ ~lulf be aecured bY tM ti~n ~f thts mat~+p~.
1. To p~:mFt. aoenrnit a suf'f~ no waf~, impalrment or detKiaation of uid prop~rry or any part fMrsof. • , ~
~ 5. To pay ali and shgvlar th~ co~b, clwpes ~nd ex~enK~, &~cludiRQ s reasonabl~ anornty'~ h~ Md oosfs of ~6abee*s of Ntl~. Mcw+~d o~ paW st
env tkns by ~td MuRTG/1GEE, ~vcav~ or in tl+e went d tla failws on tM pu~ of tM sak! MORTGAGOR w dvh?. {xompdy and t~tl~? pKfc+rm, d'aclwr~
ixacvt~. efhc~, compl~t~. oramply with and eb+d~ by each ~od ~very tM stipvlatioes yceerneet~. ta~ditioati ~nd ooweants of uW p~onJuay nW~ and thit
s aMi w~i~F~. a~d said cosq, chu~s and uipent~s, ~ach ~nd rrx~r. tFwll be Lnm~diat~hi dw ~nd pprabier wMrl+a rr rat dwr~ b+ notioa d?
~athmpt b oollttt ot wit p~nd~~nyi +~d tM fuil ~moant af aath ~nd twry such payenent sMll b~ar ~t~st fran th~ d+N thuaof wNil p~id at tbt
~~h~ oi nin~ ptr ur?twn Per ~rwmt and ap s~id cwn, ci~arpp ~ewJ exp~nses 4~cwnd a p+id. 1op~thK with sutb wntrat, ihall b ~oax~d by tM Nw~, of thi~
T~+~~
6. TlMt W in the mhrit of ~rty bre~ch of thh Mortyag~ ~x d~fauit oo tlr psA d ths AAORTGAGOR, a(b) in 1M ewnf any of ~id arns of moray -
I+sreh~ r.i«r.d ro b. oa ~xo~ry .nd fuiy ~d w~t~~ ~~~~y r~o) d.ys neal ~ttet iM famt NvN~fty bKOrM dW ~nd piY~W~. withovt dMMfnd Or tqfio~.
o~ (v (n tht ~wM ~ach ud evsty iF+~ s?ipulatipu, pr~ros. conditioro ~~d cov+enanh d said pranittory r.ot~ ~nd this dwiPpp~ any o~ tithK ate nol
~Y. p~~P~Y ~nd fullr performd. d~sd~ar~od, ~z~cuted, affecred. canpb~ed, complied with ~nd ab~d by. t!»n M_~ir1~ o~ ~ny wd+ ~w+N !M uid ao-
prpaN swn mee~tiawd in said promissay nore thsn remain:np unpakl, with intertsi ~aru~d, ar~d all maNy~ wp:rod hu~bY. slwl) b~cwnR dw and p~y~
~bt~ fwthwi~h, w ~her~ahar, at thi optloey of said MORTGAGEE, ~a fvly and eompl~tey as it ~11 •of *M said swm of nwewy w~?~ a~pinaly st~puwud .
w M paid oe wcA day. anythiny tn seid promissory note w in tiNt Mo.tyays ro ths conrruy notwitMtN+dinpt ~++d tl~awpon ar Nwnaft~r at tM optan of
uid ~MORTGAGEE, without noiic~ or demand, wit ~t law a in sqvity. ths~s~on or there~f~er beywy nuy b~ p.os~wt~d as H a!1 mwM~n arwnd Iwsby
had mifured prWf to iq imtitutan.
7. `Tlwt in ths wcnt that at rhe beginninp of or a1 any tinn~ p~nding any w~t upon f{,is Mwt~spe, or to forscloie h, p w nform h, br to Mfora
P+Y~?t of ~ny daims ho.eu~d~?. a~id MORTCaAGEE sfiall apply~ b tfn Covn havinp jurt~d'icti~A t1?~reof fw tM sppoinu+r~nt of ~ R~c~iv~, wch Cov».sMp
fathwith ~ppoint a reuivt? of ~aid, mwt9syed Pro~tY ~11 and ~'u+~uNt. includmg: ~N +md, sinp~la_r tM. _~can~, Pr9M~ ~s +i+d rwarwes fran whatnrK
~owc~ daived. each and ~very oF whKh, it beiny expreuly vnder~tood, is heieby nwrtyaged,is,if specifiulty aet forlh ~d d~wibd M th~ qr~ntinp and
hab~xn davses Mraof, ~+d wd~:Receive+ ~hall 1uw ap ~M broad ~nd effectir~ fvnc+ions and pv~rs i~? inywis~'~n4iust~d bp • Co~~1 to a R~teiw?, and
svch sppoinnna+t shalt be macie. by wch Gowt ss; ar~ .~dmitted p~ity and a raatzu oi ~bsoluh ripM ro s~id N~OR~GAaEE, and without nf~?u~n a Mr
~wquacy a in~deqvacy of tM va3ve oi the property mort9s~ed or to the solwncr w in:olvency of sa~d :MORTGAGOR a the deftndann. ~nd thN wch
rents. prefin, incane, iswes ~nd rwsz~ws sMll bi.apptied by sveh Rec~iva? scLad'in~ 4o tM Uan or ~quhy of i~id"MORTGAGEE ~rd tM pnctlet of wd~
Court. . . . _ . . . _ i ~ . .
8. To duty, promptly and fully p~riwm, discha~ge. execute. effect, complete. oomplY with ~nd abkit by wch and r~ry th~ stipu4tiorr„ pre~,
corKlitioro and cove~anri in s~id promissory nota ~d this matpaq~ ~e/ icvth.
9. That in th~ we~t the ownerahip of ths rtar*qsped pre.nise;, w sm~ put tMrwf, beownes visted in a pKton otMr ~tMn !he NWNTGACtOR, th~
MORTGAGEE. ils wcoesso.s and assq~s: may.' wifhobt no~rce ~a tf+. ~110RtG1101G' deil wtdi "wch suae~sor w waes~a in ~te~at wirh rsf~rMai b t6h
monyapt and tl~a c+ebt he+eby secwed in th~ s+me ma~ ss with Mwiyspa v~rithout in any way vitia~in~j a~piop tl» Mort~apors' liabilitr h~rr
uoder w.upon the debt hersby securcd. No sala of the.Frem~scs he~eby rooriyaped u~d no forb~ar~nce e~ th~ part_of tt~ MOitTGAGEE w.its watssas
w aesiym and no eaten:ion of the time for tfie paymem of ths deM hereby secwed yive~ by the MORTGAGEE or its ~~wfi a astign~, ih~N op~r~b
~o reteas~~dischuye, modifY cha~gt or affect.t:x.aigin~l ~isbiliry;oi t1+e MORTGAGOR hereh4 stltw in wliol~ or M put. ~ .
~ 10. It ts ~eif~cally. aQ~eed rhat t~me ts o~ N+s ess~e~c~ of this eontraa and tiwt.no wsivEr of aAy ebt'qatiort:hawe~et~ or of ths obiip~tion ~
cwed hK~by shatl ~t any tant there~ft~r be heW to be a waiver of tke terms hcrwf a of 1M itnirumeM Mcund hi~by. . .
11. In addition to the- fwego:ng monthlY paYments ef p~inc:psl arxl: in~erast req~'uad by tF~ promisfoty not~ aecw~d trreby, mortqa~or opvrnsnts
and agre~s to p~Y to mwtgsgce with each rrmontMY paYrrient ae~ add~r"an~l sum estimated by mwtyayes to'b~ equ~l b 1/12 of the a~nwl cott of th~ foUow-
iiq: - _ . - : •
A--AII rsal properly taxas Ir~isd cr +sles~ed agai~ tlx ~boy~ dewibed rcsl ls/afe: - . ' .
I B-Pree~iums a~ f~ne.and wL-edstwro i~nwarw~ a i+Kein ~equied to ba carried on the anprove~ts sifu~t~ on th~ ak~w~ dncril~ed panises~
i C-Premi~mes on wch:rr.o.t9aga 9ur.anty iruvnnce es morygaye~e ahsli _from timt. W time_deem fit 1q c~rry'on thR loan secwed hsreby. ~
' Mortpapee sh~ll from time-fo time notify mor}gayor in writing of tM amourst dur at~d paysbk haeund~r aod_s4ch autn shall fF~areupon b~ dut and .
raYabM oq'the due date of the ~.ext monthlY paymern and each ivccessive month theresfter ui~til matyspe~ shafl nofify mortyayor of a clwnpe in wd~
amaw~t. Such wms shall be applied by mortya~ee toward the payment~of ~eal propsrty taxsa, &nwance psem:ums, and mo~ap~ ywrarNy i~rwano~
prerniurns. . . ~ ' .
IN WIiNESS WHEREOF, .the utd MORTCaNGOR hss hereumo sct ha hand and seal the d~y fiatt afaeta . '
~ Siposd, Seded and deliverad in the pr ~nee of~
F _ iM . ~ ~
i~ ~ ~ ~
~ ~ OCfR T
~CtERK CsR~ll~ a , ~
PECORn YE~IFIE~
STATE OF FLQatIDA • ~ ~ q~ ~ ~l~t ~ -
~ ir i~~
courmr oF St . Luc ie _
e.to+a ma pe.son+~~y ,ppt.red Ja~es D. IveY a~?~S~~- .nd
Ga?le S. Ivev w~~, ~o W.~i k„a,~, ~o w~.
rM ind',vidwls d~suibed in and wfio ~xea,ted tM forepoirg &~strum~nt, and ackrwwled~ad befort me that ttwy ~x~pAad. fh~ wn~ for th~ qnpos~~
th.r~in .xpreued. Ars„ ,t,. ,,;a Gale S. Ivev -
wife of th~ s~id Jaaes D. Iv@y .
examination by me tskan nie and a n from her ~aid !wsband, a~~~
MW W ~ck+wwledged fo and befa~ m~ tiwt sM execvt~d s~id tnstewntnt lTe~ly ~nd voluir
arily uid w~Fwiit arqr computsion, oonstraim, eppreken~~on, or ex of o~ fraw 1~ said Mnband.
WITNESS :ny hano a~ officisi seal ihis ~D~• day o{ Rebr p. 19 7fl
. - -
~ . Not~ry for the Sta» of Florida tl L~rq~
~ ~TATE oF FLrG~RIDA 1 _r___ :
-a- i
DOCUMENTQRY~:
;~~~TAMP TA~ ~"~1'~tibft~, s+o?e os eb.rda ee ta.~ :
" 1~ Co~missFo~-~xp':ra f~S
dEPT. OF REYE!1jJf s~' ~ c Y~. 1977
= P.~ = iEd 247i j . ~ ' ~ ~ O ~ ~ I1~r:ricaa /4u 6 Coswfy
`It102 , ; `~I .l.K 1 ~
~ - - ~~~a-r^~~~r:~i
' :t~t;
This Instrument P~epared By ~ry R. Sllwood .`~k~~~~.~ .
. f.~,c.; '
First Federal Savings loan Association - : ~ e . .
- of Fort Pi~rce, Flozida ~c~
• .x~ -
~`.~1.T~ " 4^ ~ ; - .
Checked BY ~ . : ' :
~•t~,`'L`:
~ e'~R ~ ~~1~ ~ . .'y> ~ f ' :
~ t, j~ ~
~ ~ ~
- ~ f . . V ~ ! '~~jiii111tiilt~~•~..
~ ' ~h
~ _ . . _ - - - -
fi ~u`~S'~" £.:"-.^A _ ~l' M12
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