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To pt~a M+d contMwousty ke~ an,th~ bvifdinp~ ~ww or hK~afNe sttwN on s~id land ~r+d on dl ~quipmeM ~d penon~W oova~d by Mi~ nwr1~
with ~II pr~mtu~m ~h~x~ar~ pa~d io fvfl, iin fmwanc~ in tM wwl i~o~+dad poiky Mnn. In a wm approNd btl tiw MORTGAGEE. aed wk~d~wra~
inwann in th~ ~swl ~bt~d+~d politr fam, M a wen ~pprowd bp tlw MORTGAGEE. IR N;th oomp~ny o~ QompMtiM M t1» MORiGAGfE
ro ldi~. Put Ne~not. In dM pprsy~b iwa afqrasW Ot
dincts anA sN (ki and windsrom+ itnw~ttn polici~s , o+~ •~+y of s~id bui ar~ inatsu th~nln or
~casa tMrwi, ~h~ll coMdn tM vswl t~N~drd ma~papN ct+uM a wd~ alw clws~ a ~h~ Mort~pw ~r ~pvirw w~+kinp IM las v~xir ~aid po1E `
•nd hwy. WYabM ~o kid AAORTGAGEE W iu intKest nWy app~a. snu t~cl~ and way. auch poiicy sht?l M promptlr N~:~n~d ai+d sbiivrnd M .
~n by ss~ MORiG~1GEE ss FwtMr s~s~,riqr ro said matpap~ d~bt. u+d. rat 1qs ~han t~n (i~ days in advu~a of tM ~xpk~tion of Nch poticy. w d?•
IIvM aW MORTGAGEE • rN+ew~l tFNrwf. ropttha witA ~ r~i ior IM
i~d Qn a?y of s~i4 bu{ ~ P~~um oi uxh r~.~wali a~d ~h.~n si~sU b~ no fih a winduorm l~w+nu ~
P~ MinDs. ~np tntaest ~~in or put tlN.eof, unbu tn tM fwm and with tM loa payaWr a ~fansddt and in Ny~ ~wM se~ a~
of morwy b~comN pay+~W~ u~ wch policy a policia s+id AAORttiAGEE ~hall Mw N+~ optioe to r~oeiw r+d appty tM +a~ oe ~coounf of Nw G+d~br~
t~? s~cw~d i~lby or ro permit ~aW 1MOE~iGA~iORS ?o ~~a.iw ~nd uw H w+~Y P+~1 tha~of for otMr pwpa~s, withoW rinnby waiviop ar imp~k• `
~g +~Y «W~~Y. INn a riy~Fu ueKia a by virtw of N~a rnortpaq~r ~nd M tM ~w~u aid N10RTGAC~ftS sMll fa any r~a~a+ f~t! to kMp tlw s~id pKmNa a'k
k~cv.~d, a~ fatl b deliw~ O~a^~P~~Y +nY of saW potkt~s of i~aw+na fo`~aid MOR1al1GfE, or f~it P+a^W~Y m WY fi+NY ~RI? P~~ium tMnfa a ha~ ~
~p~et fatl w pNMrm, disclwp~. ~x~cvt~. ~fiM. com~l.t~. eomPh w8~ ~nd abid~ by H~ oov~nt, a any par~ Iwwf. ~ald ~MORTGA4EE m~r pt~a and '.r
p~y (or wd~ Imixanos o~ ~nr psrt tFw~of withart w~ivinp or affsctinp ~nY oWioe. ~I~n, squi~Y. w~ipM undN a by virtw oi thb Mortpiq~ aed th~ ~'!5ri~ ~
full «naa?t of ssch ~nd awry such paym~m sMN be ~~t~ly dw s~+d pyabb aad lhsl) beH Mte~t from th~ d+h thtr~of untU p~id ~f 1h~ nM o~
,Din~ pM pntwn p~ anrwm and tc~othsr wiih suth IM~rasf shall wand by tM IiN~ of Mis matyipt. . ~
To pKmit, eam~it a suffiu no wat~. knp~i~m~M or dtterantian d s~id prop~rt~ ot w~r p~rt thereof. ~ • t
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S. To pay ~11 and sirg~rl~t tM eo~», eha;~~ and ~xp«n~s. M~eludinp + nason~bl~ attweNy's fw and mus of ~barads of Htl~, Mzwr~d a paid a~
+eY tims by wid 1YLQRTGAGEE, Mcwt~ tY in tiw twnt of tM faibx~ oe tM pan o~ tM sai~ NWRTGAGOR ta duly. wa*atM «~d fvur v«~•~+. ~v~
•xecvt~. ~ffact, oon?~,iet~. comph .aoh and aade lhr e~ch and w~ry ~Ir atiput~tara. ~pr~enKOh„ conditioiu. ~nd eownann of ~aid po~ni~wry noq na! d+p
+nor~pap~ anp or ~hM~, and aid eos~s. clwy~s and uperoes. ~ach ud w~ry. shatl b~ ke~atelp dw ~nd WY+bNt wi~tha w ew~ thK~ b~ rwttc~ dr
maod att~mpt b eo~ket a kh p~ndi~ ~+1d tM fvtl aneovet o1 ~aek and ew?y. wcl+ p~ymM+t ~lull bM? int~nsl han M~t dat~ tt~~d wMq paFJ 1M
r~t~ of n?nt P~r !centyn+,PN +n~wenl and d! uid oosts. c?+~rp~t.and sap~ns~ kpwr~d or paid, topNhe? wi~h wcA interpt, ~tNf) b~ ~aind b'f? the !i~n of tiw
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6. ?hat (n t1~:~E sf ary bnach of tF~ IMa~t~ape a d~fwit on tlr pa?t o! tM MORTGAG~R, or (b) in tM event'~ny of s+W wnr of mo~er
F~nin ~~far.d w bs not prorap~y u~d fully p~id wirhin tihi»y t30) day~ nex~ aHer ~t+. wn. ..w..~y t~.co~+» dw .nd wr.bM. wt~ow dam.nd o. nato.. -
a(d in Nw fwet wch ~+d ~wry tFo~ a~pul+t~«+e. +9+.Kra~t+~, eo~~~w~a and eow~wnn oi sa~d pa?,~sw.y na~ anr! Mw morpap~ ~r o. +itM? an na
~Y. Wa~P~~Y Md ~H/ P~a~~. ~xKUl~. ~~Ct~. OOQ1Q{tNd. COTP~i~ with Md ihldld ~ 4y, f~Wl b fi1~Mf Ot 1ny. NK~1 ~r~f1t f1N Nid ~ x
preQat~ wm m~ntiw.ad Fn said promiuory rtot~ thsn r~mainiig unp~id, with int~mt ear~, and al! montys facw~d hu~by. ~hall b~torzN dw and pap
abb forthwith, a.thcrwftar, a~ tM option of said N1pi2TGAGEE. ~s folly ~nd complttely M a11 of the ~aid wm~ of
ro b~ p+id a? wct~ day, anythirg in uid pramissxy ~ote a in thb ro the tontr ~n a'0~1~ stipvlated
aid NWttTGAGEE,•witlw~rt notK~ or dwnsnd, wit at I~w u in ~ ~ nO1i"'i~hstandi~pt ~nd tFwrwpon or Msteafta~ a~ tM optioo of
~quity. thereton « thaaaha be~wa may be prwiwtd as ff all momys wcurod h~nbr
h~d matw~d priot ro in i~stitution.
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7. That ie tM evaot tMt at rF~e beginnin~ s i or at ~ny tGn~ p~ndinp any svH upqe thk Mortpspe, a to iprec~eN if, 6r fs ~rtfomn H, aa fo ~nforc~
WY++~t of arry? dalms hersur~de~. ~ak! MORTGA(,~f sh~fl spply ro tht Cou~t I+~vinp jwisdiction t~~of fcr 11r ~ppointnNnt of ~ R~oNvN, wth Cowt th~ll
futhw;th appoint ~ recaiwr of utd mon~a9ed prop~rty all ~nd sinpulu. inc!udug al~ and tli~yula'r tke inoonr; prof+ts, qsu~s ~nd nwnws frpn wfiabwr
sovrc~ daiwd, ach aod evay of which, H beinp ~xpre~sly w~d~rstood, is I+Keby mo~lp~yed~+~ ~ ~p~cil'~Ih. N~ fo?th ~nd ~pibsd i~ tlr 9wntinp ~i~d
hsb~ndwn da~rsn hMwf. ~nd wch Rsuivs. shall haw ~U the txod and effectiw functiam sod pow~a in aprwis~ »d byj ~~Covit to a R~uiwr. ~nd
•uch spFo~?rme~~ •hau be ~+ude br wch tow~ as an «l~,uned aqwy .~,d .~ne~ of absol~re ~ipht to''s+~ld MORT u
wt Lr~M3EE. -an~ wldwul nf~.snc~ to ths
ad~qu~ep w inaJeQwcy of ths v~lu~ of tl+~ P~~b ^~9+0*d a to the wNeecy or insolve~x~r ol, saNi MOltT~'s/?GOR or tht d~f~endanq. ~e?d that wd+
rents, profin, income, iisues and revenuss ahslt b~ applied by wch Reoeiv~r ecaordinp to tl» lien o? puity of uM MORTGAGEF and th~ prsctio~ of wth
CouR.
S. To duly, promptFy a~d fvlly perfam, discharoe, ex~cuts, effect, oompkte, complY wi?h and abid~ b~r sach ~nd wrry tM stipvlations, pr~nwnq.
corK!'a'aro ~nd covenanta in aid promhsory naa and tfus mortps~ set forth. . .
9. That in ths ~vant tha owt~nhip- of tht mor~q~p=d pt~rpqea~, of a~y: ~prf ther~efr b~ye+nls vpt~d tn • penon otlwr thsn tM MORTGAGOR, ths
MORTGAGEE, in wccesson ~nd aui~m,, may. witlw~rt not~oe tQ t!» ,/y~ORTG~?OR. ds~l w~fh iuc6 ~ucc~s~or q~ suu~isp. in intaost with r~fe~~ W thi~
mortysy~ and tF~ debt Mreby sswr~d ia1M sam~ inanrier'is vlrith'AKort9+9w~wit~out in'+nY way bifiat~+p or~ dntFwpinp th~ Mortyaqo~a' tiabdlity Irrr ~
unde~ or upon the dcbf hereby s~.vred ~No Wte of ~h~y,prenlhes he+~bY ~port~p~d and.no•fortiexanc~ on'tl~dpaet bl ~h~ N10RTGAGEE~a fts a~oassors
or auigns and ra exten:ion of,the _time .tw th¢pa y~i+Rnt of t1y ds~t i+ereby.-s~cuted,9ivar by th~ AI{pRTGJ?GEE ~o? ifs woo~swrs or ~ssipm, ah~ll opa~» •
~RR
ro ~ekass, d~sd~ye, rt+cdiW' dur~ w~~ffect lhs bri~lnal lia6iliiy of the~ INORTGAGOR- ha~in: iFtMt in w1wl~ or M' put. ' ~ ~
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10. N is specifically egielKf thil time is O~ tt+~'ess~nte oi Ifib' conrraq in~! tlist no'walva~oi iny~obttpitiai~Mr~unda a of th~ oblip~tion ~e- `
cvnd Mr~by shall at u?y tim~ theaafiv. ba AtIJ t~ b~ :a vr~ivar .d tM tNiro h~r~of _ or of~ths- tnst~nei~F-secYrid IierSY: ~
11. tn add~tioa ~o the faego':ng monthFy psyments ~t princ"pal u~d ioterest requirsd by the promissory note secured herebY. morlqayor aowrynq ~
arw! prees to pay to mwtyagee with euh_ma+thlY paYmeM an addirional.s~s+ estimated by mwtyagee ro be aqwl to 1/12 of the amu~l oost of tM fdlow- ~
;ng: t
A-All real prooerty ts~Ces kvied a-asse~sed aqainst. the :bove described real e~tate. , . . . ~ -
' d~-Premiwns ai fir~ and wintls*Otm irnurance k 1~sretn roqvKed'tb 6e cai.ied a+ rhd improwmenti i~ivate on th~ a~bove dexr~ed premi~a.
C-Prert~iums on such mort9age 9wranty inswance u mortgsgee shsll from time to :ime deem fit to urry on tFa loan sewred her~by.
Mo~y+~qt +h~~ from f'v~e to tfa+ei notiiY ~morip+Dql ; in vvidiop, bt.11w ~triouAt di~ snd. payable~ hereurwlN andc wd~ w~s ihaff Mwr~~i~ion b~ i!w and
paYable on the due date of iM ne:t monthlY paYmem snd exh s~ccessiw month thereafte~ until mo~tp~ae ~MU ~otify mo~t9apw af ~ chanp~ in wcb
a+no~nt. Sucfi sums shall be .pp{ied by mo~tpayee towsrd the paYment of real property t~xes, insur~nce prpni~m~, ~nd meHpay~ QwrarMy irawa~q
p.~miums. _ ' - -
IN WITNESS VYHEREOF. !he tsid MORTGAGOR h+s hereuMO.a~t hi~ hand aod sea! th~ d~y f'
Sipmd, t5eal~d and dsliver~d in tM pre~w ofs ~ ~ _
~
' ~~fl.'~~~r~F.~. - ry
~ . tklt~'.f~ ~Al~l11~Yf~[jM. ~ R~.. .
. {RO~i6A-?OttflM6S
{ - ._Ck'ERK_C1R4uf~XZQWtf
RfCOti~-vEatFt~p Hvel Medv, .e
~ STA oF ~~o~ ~ ~fM i1?k ~ a~ . . , . _ , _ .
~ ~ #
counmr oF st. uicie ~e'~`,Z"7~3~3 ~ .
e.to.e me pea«~.uy ,pp.,roa Louis R. N6dvQdef~ ~
ard
tHe individusb dsscribed in and w executad tFis forpoinp ioshwn~nt, and ackrw«ledped b~fa~rs n»wth+t ro+n~ vwll known and known b n» w b~
th~x~in expes~d. And tM said Btte1VII Z MQdV~@~~ ~~xaart~d tM ~ame for th~ pwpaN
wii~ of ch. ssid jrpy i s R_ lriedved~ ~ , won ~ ~ep~r+q and phr~t~
ex~minafion by ms taksn sepsrat~ and ~part from Mr said husbard, adcnowl~dped to ~nd befa~ m~ fhat sht ~ewted s~id instrtHnsnf frs~ly ~nd volwf
tarily a~d w~thour ~ny cor;pul~ion, c«urr~int, ~ppraban~on., ,oLr f~-ar of w from fx~ wid iwsbar~d. .
WITNE55 my hand snd official ted t~:.- ,I d~y of R F@bt{ldZy . A. D. 19_7~
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$ . . Flotary Vvbtk in and ( St~l~ of Florid~ at LWp~
p . ~ ~ ~N?r Comn+7ssian •xpir , / D ~ d • 7 ~ ~
~ Retvm ta. ' . i
f~t F~deral Sacinps 3 Lo~n /4wciation s
~ Of fort Pierte. . ~
~ fwt_ Pierte. Florida ' . - • ' . ~
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~ LY' fT
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This Instrument Prepared By J, Nal Etobezts JX. e••~':
First Fede~a) Savings d~ loan Association J~i~'; 4~~ ~
• ot, fort Pierce~ Rlorids 33450 . . : •4 , . ~
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C~ ~~7 ~C~ . Vi) - , ~.l : ° ;
Checkec3 By : . ~ . . . . . - ~ _ . . ~ : , . ?
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