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To p~aci and conhnvo~siy kcep on the Lui J(n~s now u~ ~~eresf~er fitva~e o~ sad land snd on sU eq~i~.~• rn~ and ~rson~lly co+ered by Ihi~ mort¢
~y~, with all prem~umt tM:reon pa~J in iu~~, fire insvrence ~n ~he ~s~al s~end~rd po6cy lo~m, in • sum app~o+nd by the MUR?GAGEE, end w~~rxli~am
Intuanu in 1M utwl •~anda~d po~~cy fo~m, i~ a sum •pp~o.ed by ~he MORTGAG:E, in ~uch canpany or compan~~i es ~M MORiGAGEE m~y
direc~t and ~11 iirt ar+d w~nds~orm in~ursnce pol~cie+ o++ any ~f ia~d bui~d~nyi. any in~e~aa ihere~n or part thr~eof, in tM agyrey~t~ wm sta~~aid or .
In ucea thereo(, ~hall co~~ain tfie vsual sta~:dard mw~g.+gee clau~e or wch othar Elauss a ~M Mo~~yag~e may requ~r~, m~Air~y the lo» undt~ f~~d poli~
cief, each ~nd wary, payabla to s~~d A10RtGAGEE ai i~~ in~rrrs~ ~nsy appea~, ~nd each aud •ve.y auch poi]cy ~hall be promp~ty tss y~ed ~nd d~liv~red ro
~y heW by seid MOR~GAGEE ss further securi?y to said mortyage debt, and, nol lesi Ihsn ~en (10) dsy• in advance ol thQ e¦piranon o1 e~ch policy, to dr '
liwr f0 Nid MORTGAGEE'a rtnawal ~hereol, tope~M~ wuh ? rece~pl iu tM prem~wn of tuch reria~val; and the~s ~MII be no fhs or w+nda~o~m in~ur~nct
pl~t~d on ~ny of ssid buiidingf, ~ny intarr~l thera~n or p~rt thereoi, unte~s m tM form s~~d wi~h tM lo~s payable ~s •foresaid; ~nd in tht •vtnt any wm
of mon~y becomes payable under such paticy or poGciei iaid MORTGAGEE ~hall have rtw opnon w rece~ve end app[y the s~me on accoum ot th~ indRbted~ -
neu s~cu.ed hsreby or to permit seid MORiGAGORS b ~rteiva •nd u~e if p any pa~t the~wl Ic~ otiicr purf~ars, w.th~i th_rcuj weivinp o~ unpair•
inp +ny eqvify, Gen o~ r7yM unde~ o+ by virrue ot this mo:!g~ge; snd in the ~vero s~~d MJRTGAGORS shall for any ~eason (ail to keep tM iaid pr~mi~e~ w""~
inauted, o~ fait fo delive~ pra~nptly any of ~aid potK~es Of insuranca to ts;d MORTGAGEE, or fail piamptly to pay (ully any pre~~~~um theratw w in ~~y ,=a
•~spM fail ro pN!am, d~scharqs, erecuts, e~lect, complete, comply wuh and ab+ds by this covanan~, a•ny.p~rf hireof, sa~d MURTGAGEE may pl~ce a~+d
pay fa iuch imurence or •ny part ~h~reof wahout w~iviny or etfeuing any op~~on, li~n, equ~~y, or r~gh~ ur.der w by vu~w oF ~his Mor~yafl~, ~nd ~M
1u11 amo~ol of tach and evr•y ~uch paymeM sh~~l be immeciiatafy ~ue a~d pay~ble snd shall bear interost fro~~ ths date thereof until paid ~1 tM r~te ol
n~oe per cenwm per annom and to~Cthe. w1~h s~ch +me~rsi shal! t,e s.rc~red by the i~en oi this morty~ge.
To permit, commit o~ su(fer no was~e, impairment ot deter~oration o( said property w•ny psrt thereof. ~
S. To pay sll •nd sinqvlar ihe costs, charges snd expensrs, ~nclud~ng a resso~able at~orney'f fre and co~ti of sbirrac~s ef t~tle, incurred or peid at
any time by seid MORTGAGEE, because w i~ the rvent of the failers on ~he par~ of tltie aaid :A^.1RTGAGOR to duly, promptly and fully perlwm, d~stMrge, 4
•xecute, effcd, tompleta, comply w~th snd ab:de ~y each and every the stipuls~~o~s, agreeme~t~, ccnd~i~ens, and covenants o~ said promisw~y nots and thq
mwtQape any cr eitAer, and said co~ts, charges and eapenses, each and every, shall bs immed~ately d=x and payable; whethar or not there be ~oti« ds
mand, atlempt ro collett or auit p~nd~nfl; and tha tulf amount of tath and every suth paymen~ shatl txa~ interest from ~he dsls thercof until paid ~I th~
rate o~ nine per crnt~,m ~-r; e~uw:n; and all seid costs, cnaryes and exfx.nses irxuned or paid, ~oge~he~ w~th s~ch iroerest, shall be secured by tha lien of thi~
mortpap~. .
6. Tl+~t.Ia) in the fVMf of any b~each of this AAwtgags or de(auit on dee part ot the MORTGAGOR, o~ ;b) in the eveM eny of uid tums of monsy
hcrein r~ferred to be not prompNY and fvlly paid within ~h~rty (30) days ~exf after ~he same severaUy becor•,e due end payable, wi~hou~ demsnd w notice,
w(~ en the event esch ~nd every the slipuiations, agreements, conoihons and covenante o! sa.d promiswry note and thls mortpa~e any a eithe~ sre not
~uly, prompdy and tully pe~formed, d~schargrd, executed, e(feited, co~npleted, compf~rd w~fh and ab~ded Sy, then in either p any such eveM tM taid ~
ytegate sum mentqned in said promissory note then remaining unpaid, with inie~ei? BCCtVE~, dnd all moneyt setured hereby, ~hall betome dW and pay-
able fo~~hw~th, a thereafte~, at the opt~on of said AtORTGAGEE, as 1u1fy arx! compleiely as i1 a!I of the sa~d sums of money were aiflinally at~puiated
to be pnid on such day, aoythmg in sald pranissay note or ~r, this Mortgage to the tootrary notw~~hstan~ing; and thereupa~ or thercafter al the opt~on of
said MORTGAGEE, without norice or dems~d, wit a! law w in equity, therefwe w Ihereafter begun, may be pmsecvtad is~ if •II money~ sacured t~ereby
had ms~ured pr~or to ~ts i~stitu~ion.
7. That in the event that at the brginni~g of ar at any t~~ra pe~d~ng s~y av~t upon this Mortflage, or to faecloiq~it or to refwm• N, o? to enfo?t~
paymeM of ~ny claims Ix.eunder, xid MORTGAGEE shall appty to the Coun having jur~sdic~ion thercof for the appo~n'tmeh~ of e Recsive~, svch Coun shall
forlhwi~h appoint a receiver of said mortgaged property ail and s~ngular, i~xlud~ng alt and sing~rlar the ir.~an:e, proi~b, i~waa a~d~Ywenuea frpn whatever
~ource drrived, each arxl evcry oI wh;ch, it be~~,g expressly unden~ood, ~s her~by mor~gaged as if spec~ticaity set for~h and deicribed in 1he yrarvEng ar.d
habendum cl~utes hereof, and such Receiver shall have ali the broad and efFecrivr f~ncr.ons and po,n-cra in anyw~ae e~trus!ed by • Cou.t fo a RKiivll, end
such appeintment shall be made by such Court as an edrnitted equity and a mene~ of abso~ure right to said' MUR7GAGEE, a~d withovt reference to the
+deqv:.cy w insdcquxr oi tne vaioe of tFie p~operty mortgaged or to the ~o:vency or mso~venty of sa~d MORiGAGOR w the defends~ts, snd that avch
renrs, profits, intome, issues a~d reva~ues shall be appiied by -such Receiver accord~ng to the I~en or aquity oi said MORTGAGEE and the practice of suth 3
Court. t
8. To duty, prompfty and fulfy perfam, dtscharge, exec~te, eifect, complere, comply wilh and abide by each and every the stipulations, agreements, '
conditions and cove~snes ~n se~d promissory ~wte and thh mor~gage set forth. ;
9. That io the event the ownership of the mortgaged prem;ses, or any part th~reof, becomes vestcd in a person othe? fhan the MORTGAGOR, 1h~
MORTGAGEE, its tuccessors and ass~yns, may, without ~wtice to ~he N,ORTGAOR, deat wifh s~ch successor or sutcessor in interrs~ with ?eferente to this
mort9age and the debt hercby secured in the same manr.e? as with Morrgagor w~thout in any way vitiatu?g or discMrg~ng the Mortg~gors• li~bility herr
unde~ or upon the debt hereby socu~ed. No sale of the Fremise} hereby mo.~gaged and no forbearance on the pan of the MORiGAGEE or it~ successors
w essigm and no exten:ion of ~he time fo! the payment cf the debt hereby :etwed given by the A4~RTGAGEE or iri tuccessas or assigns, ahall oparete
to rNease, d:schar9e, mod~fy charge or affect the org~nal liab~~~ty of iHe MORiGAGOR herein, e~ther in whok or in put:
10. N is speuFicelly ag~eed that time is of the essence of this conrract and tha~ no waiver of eny obtiyatton hn~under or of the oWg~tion se-
tured hereby shall at any time thereafter be hcld fo be s waiver of the terms hereof w of the instrument secured herby.
11. In add:rion to the iorego ng momhly paym~nts oi princ pal ar~ inrerest requ~red by the promissory note sec~red hereby, mortgsgor cwenants :
and agrees to pay ro rtso:tgagee w~th each morobly pay~:,ent an addirionai sum esnn.ated by mortgagee to kx equal to 1,!12 oi the annua! cost of the foliow- ~
ing: - ~
A-A!1 real property taxrs levird or assessed aga~nst thc above descr~~d real estate. j
8-Pruniums on fire and windstwm insursnce as here~n req~;red to be carried on the improvements situafe on the above descri~ed premises. +
C-P~emiums on such mwtgage gua~anty inwronce as mortgagee shall frcm tEme :o time deem fit to carry on ehe ban se4ured hereby. ~
Mortgagx shall from time to time norify monyagor in writing of the amount d~e and payable hereunder snd such sum shail thereupon be due snd #
payable on the due date of the next nwnthty payment aod each succes~ive month thrreahcr u~fil mortgagee shall not;fy mortgagor oi a change in such :
amouN. Such avms s3:ali be epplied by mortgagee toward the payment of real property tazes, insursrxe p?em:ums, and mortgage guaraniy irtiurance ~
premiun:s.
'i IN WITNESS WHEREOF, the said MORTGAGOR has hcreunto set his ha~~d and sea! the day~ year fint aforesaid. (
~ Signal, Sealed and deiivered i~ the pr sence of: i
~ f~~ t~: ef6t.'•D~~ '
j a fLl~~t :C:iNITYfI~. ' " sea4
~ t;-;~~s Ra ond K. Fole ~~n
Ci£RK C.,:.L1{!t C+~I:RT ~,~,u ~n
i ar~~a^ ytF3fi_J~~• pnne K. Foley '
~ (Sea4
STATE OF FIORIDA ~ ,O ~{Z !~,'~Y
counm oF st . Lucie ~ 33Q492
8efwe me penonally appearcd Raymon . K. OZ@~/ ~ ~
Anne K. Foley ~ ;
hii wite, to me well known and known to me to bs ,
the individwls described in and wfio executed the foregoinp instrument, and ecknowledged before me thet they exetuted the same fw the pwposes ~
~ therein expressed. A~d rr~ said Anne K. Foley
wife of the said y y ~
R a mond K. r' O 1 E upon a separete snd pfivat~ ~
examinatio.~ by me taRen separate and apart from her said hustand, ~tknowledged to and before me that she exetuted said inst?umeM freely and volvr?~
tarily snd withou! any compulsion, conatraint, apprehension, or fear of w trom her said husband.
WITNESS my hand and official seaf thia 19th ' day of March q, D. 19 76 ~
~ - ~ t''~ S
NoTary Pubtic ~n nd the S~ate of Fbrid~ ~f larpe
~ T _ TATE FLORfDA.' My Cornm~ssion xpires: ~
DOCUMENTARY STAMP TAy: ~ µo~,y rvbfie, E~wh oi FIo?cda e~ l~?~ s
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°c-' ° DEPT. Oi R£YENUE r` •~1: ~ ~ ~yyi~ E~p~ts July !2. /!77 ~
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~ This Instrument Prepared By ~onald E. Hughes ' Yt
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First Federa) Savings b loan A~lorlda ` s
of Fort Pierce ~ : •:~t . ' ~ €
~ Checked By ~ f , c j
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