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To p~xa a~d conrinuousir ke~p on ~h~ bu1!d~~s rrow o~ M.eanN ai~wt~ on aid I~nd and on ~11 b~t ~ IG G E and wa~ ai
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p~. with a!1 wem~ums ~:.1.wn Fa~d M 1u~1, fue N:+u~~~+c~ m:M v~wt ~~Mdard po:~qr wm. in • sum ~
inswanc~ in rM uwal sr.r~dard pol~ctr ~am, ~n ~ sw~ ~pp~oY~d by ~M MORT(,AGEE, in w:i? canpan~ a comp+n~~s ~s ~M :AORT(sAGEE nuY
dinui ~nd all 1'a~ ~nd w~ndstum inw«nn PaK~es oe ~ny oi s~~d bvilduy~, ~ny ~nN.~a~ tM~~in or put tlx~~of, in ~M pp~ep~~~ swe ~fa~id a ~
In uctis ~Mreof. shail con~ain tM uswl s~~~xlud ma~gsgN cl~vs~ a wch oilw. c:ws~ ~s tM Mor~paqe~ inay ~~q~?o~. en~linp ~h~ loss wwla i+'d Doli'
ciN. each uN! wery. Wrabl~ w sa~d AWRTGAGEE it~ intetssr maY WDe~?. ~nd ~~cA and ~wry ~uch pwitY ~ha~l M W~~Wb aas,9ned w~d d~Iiwred W
~ny hald by uid A10RiGAGEE as fu~~he~ s~tur~ry lo u:d ~+or~9+9~ deb~, -nd, nW ~ea ~h~n ~~n (101 d+ys in advanc~ of ~M ~:pi.atan of ~aci+ pol~cy. fo dr
IivN to u~d MOR~GAGEE a r~newal therwf, ~ope~i~a w~ih a r~cs~p~ fw ~he p.«n:wn oi such .~wdj and U+H~ ~Full b~ ~o fir~ a wind~~am in~w+~c~ ,
pland on any of s~~d buifd~n9~. ~ny inee.~s~ ~Mre~n or p+rt thereo/, vn!~ss in sh~ (o~m ~.~d with 1i+~ bss p+yabl~ at ~fa~s~id: snd M tlw ~wnl ~ny wm
of ma»y bec«ny pay~bis w.ds~ such pol~cy w po~Ki~s s~id MORiGl~GEE shap Mre ~ht oprwn ro rece~w and +pply ~M s+r~ on ~c.cowu o1 tM ind~b~~d-
ntts secwetl i~tby w 1o permit sa;d MORfGAGORS ta rcceiw ~nd uss i1 or •ny pa~ ihereof la onc~r pur~wses. wi~houl tl?aeb~ waivi~q a~mpaN-
inp u,Y p~;ry, Gen w~~h~ uodar a by virtw ol ~h:~ mo::9eyt: ud i~ ~M went u~d MORTGAGORS ihall (a +ny .~+son (~il ro ke~p the said pr~enlses w-•«
inwred. a fait ro del~wr promptly any o! said polK.rs o( ~nswMx~ ~o seid MORTGAGEE. a fa~l pranptly 1o par luily ~ny prem;wn ~har~for w in any
r~sprc~ lail ro pMform, d~xharge. •aecu~~. efie:~, complere. cornplY wi~h ~nd ab~d~ by this coven+nt, a~ny p+rt hareof, s+id MJRiGAGEE m~y pl~u ~nd •
p~Y ta such insurence w ~ny pa.t thereot w~~hout w~cvi,.p w•ffectiny any option, ti~n, equ~ry, w ~~yh~ undN or by vi~tw of thii Mat9a~t. ~nd ~M
futl amovnt of euh snd svay such paymem shall be ~mmediNrly dve end My~bl~ and sM11 bear inte~esl Erom th~ d~t~ tficr~o( u~til paid at ~M raq ot
nin~ p~r c~ntum pe~ annum u+d toge~her wirh such interes~ :hatl be aecured by ~he l;sn o~ this mwtpaye.
To psrmit, ca.unit or suffer ~o wa~re. imp~~rment or dn+rr~oratwn of saril aope.ty a any put thareof:
S. To pay :11 and sirgula r!r cos», chupes and sxpa~ses, includiry s ceasonabls ~na~eY's fe~ and ccsts of ~bsn~cta of t~tla incvn~d a paid
eny time by said MORTGAGfE, btcauae w in H» ~vent of the fa~lure on the pirt oi tM said MORiGAGOR b duly, promptty +nd fvlly pe~fwm, d~Kharg~t
eaecute. eifect, compk:~. comply w~~h and ab:de by ~ach ~nd avery eF+e ~~~pvla~wns. agreemen+a, tonditiau, u+d ooYSnann ot said promi»ory not~ u~d ~Fw
mwtya~ a~y or eithr. ~nd srd costs. chuges and expenses. eacA and ~ve~y. sh~il be imcnediately dv~ and payable: whe~her a not ~}+~r• b~ norit~ d~
mand, ~tttmpt fa toilect p~vit pendinp: and rha tul! amount of each ~nd eve~y wch paYme^t af?+II bear in~er~st frpn tht dat~ thtreof until p~id ~f the
.a~e of nins psr ca~tum p~v ~nnum; and au said cosn, chugcs and ex~ses incwred w paid, tog~ther wah sucA i~terest, ~hdl b~ ~cured by tM lien of this
mo~fpa~. • 9
6. That {s) io tFrc w~n? of any biexh ot this Mortgsg~ a def+~lt on ~M part of ths MORTGAGOR, or (b~ in tM ~veM ~ny o~ sa~d wm~ of maKy
hcrein refened ~a be ~wt prompely arx! fulFy paid wi+hin tlurty t30) days nexf af~e~ the ssmt severalfy become due .~d P+yw., withouf demar+d a no~it~.
or (d in tM eveN tach and eva~y ehe atiput~tions, agresmena, cond~twns and coren~n~s of sa:d promisaory noro uid th~s maty~pt any a~ithet ar~ nol
~uly. promPHr snd fulty perlo~med. d~xhar9ed, e:ecu~ed, eifected, complered. canpl~ed with and ab~ded hy, thsn in ~ilher w any tuch ~nt th~ ~aid ~
yregate tum mentaned in ssid p?omiaswy note then rema~ning unpa~d. w~th inreref~ xuued. and atl rmneys secu~ed Mr~by. sMll becom~ dut a„d ar
•bt~ (or~hwith, Of tF~lfNffK, a~ the op+~on o~ sa~d MORTGAGEE, ~s fully ~nd completely as if al~ of the said sums of mon~y we~~ oriyinally sGpul~ted
ro be p+~d on such day. anything ~n aa:d prar~ssuy note a in thii hllortyage ~o ~he co~~rary notwiths4nd~~+g: and thaeupw~ or thersaftd a1 tM optipn of
said MORTGAGEE, wirhout not~ce w demand suit a1 taw oi i~ eQu~ty, tFKrefwe a thereaflet beyvn, may be p~osecuted as if all mOneys secured hertby
had matured pnor to ~~s i~si~tuuon. _
7, That ~n ~he e~enr ~ha~ at ??+s trj~nn~ng or at s~y rime pendirg sny su~t vpon this Mortgape. « ro fw.clos~ it, or to reform tt, a to eofo~a
payment of any cla~ms herevndrr, a~d A10R~GAGt. ahsq apply to the Court M~ing ~ur~sd~a+o~ :he~eof fo~ ~he ~ppoietmenl of ~ Receive~, such Cwr1 fh~Il
fwthwifh sppoiM a~ece~ver of s+id morta~gtd property sll and singular, inctud~ng all and singul~r the iMaAe. p~ofiri, issust and ~eventtes from whateve~
source daived. each •nd every of wh;ch, ~t bc~ng eapressly unders~ood. ~s hereby rt=at9aged ss tf spec;fica3ly se~ fath snd dewib~d T.n the 9r~ntinp and
habe~+m dw~es hareof, and such Recener aha~! have all ~he b.oad and eFfec~~~e furxi~ons and powers in +nywise entrwted by • Cw•1 to a Recera, and
wch aFpointment shall be made by such Cou~t as an admitted equity and a matte~ of abwtute right ro said MORTGAGEE, ~nd without reftrente 1o tM
•dequscy w inadeqvacy of the valve of the p~opecty mo.tgaged w to the so:vency or ~nso~Yency o( sa:d AAORiGAGOR w tM defe~+d~nts, and that such
rents, prolin, incane, issues and revenues shall be appiied by s~ch Receive~ accwdu~g ~o the Ifen or equity o( said MORTGAGEE and the pr~ttice of suth
~'owf.
8. To dufy, promptly and fully pafwm, d~scharge, execvte, effect, compkte, comp~y wlth and ~bide by tath and every the stipulations, apreements,
conditiorn and tovcna~u m sa~d ~xomissory note and th;s mortgage set (orth_
9. That in ~h~ e~re~t the ownenhip of the mor~gaged prem~s.s, a any part the.cof, becomes vested in a ps.son other lhan the MORTGAGOR, the
MORTGAGEE, its succeuws and ass~g~s, may, w~~hout norice to the AhORTGAOR, dc~~ wi+h s~,ch wcceuor a successor in interest with reFerence to this.
mor?gage and ttm deb~ he.eby secured in the same manne~ as with Mortgagw without in any w~y vit~ating a d~sch~rging Ihe Mwtqagon' liability hNr
under or upcn the debt hereby secured. No sate of the Fremises Mreby mortgaged ~od np fo.bearance on the pan of tF~ MORiGAGEE w its wttessort
w~ssgns and no e:te~.a+on of tF+e time ior the payment of the debt hereby securcd gi:_n by ~he MORTGAGEE w in wccessws or ass~yns, shall operat~
ro rekase, d.uhuge, mwJify change or aficct the wiy~nal liab~l~ty of the MG'R(GAGOR he~ein, e~ther in whole w in put-
10. It is ~~rKauy ag.eed ~tu~ time is oi the euenca of this contrsct ~nd that no waiver of a~y ~obligatan hereunder ot of tM oblfyation se-
cured here~y sl~+1~ a~ ~ny time thereef~er be imid ro be ~ w~iver nf tt~e terms he~euf a of the inss+wnent tecured t?erby.
11. In sdd~~~on to the iwcgo:ng rnonthly payments oi print'pal and int«esr reqv'ued by tfie promisspry note' secured l~ereby, rnortyagor covtnants
' and agrecs to ~ay to mo~tgagee v.~th each month;y pay~^e~t an add~~ional sum est~mated by mor?g~gee to be equal to 1/12 of the ~nnual cost of the }dlow-
ing. .
A-Afl real property taxes 3ev~cd w assessed agairist the abqve dexsibed real esqtQ.
~ B-Prem~ums on fife and wir~dsto-m ~nsurance as he~e~n requ.red to be carr~rd on ~he imprOVeme:~tf •+1Wte On tht sbove described premises.
~ C-Prcmiums on such mortgage g~aranty ir.wrar.ce as mortgagee shall from. t:me to t:me deem fiT to tarry on the loan setured hereby.
I
Mwtgagee shail from +~me to t~me r+or~fy mo+:&+9cr in wriYv+g of the amuint d~e ane! pay~bk hereunder and such sum sh~U there~pot~ be due snd
Fayable en the due date of ~he ~exr month!y payme~t and ea-h successive mo~th thereafter ur.tit mortgagee shatl ~otify mortgago~ of a charge in suth
anwunt. Such sums shati be app!ied by mwt~ayea towa:d the payment of reai prcperty tazes, insuranc~ prem:ums, and mottgaye yuaranty inswance
premitMns. -
~ IN Y~ITNESS J~NfREOF. the said MORTGAGOR has hereunto xf his hand and seal the daY snd Yea~ first ~foresaid.
s~.xd, s~+kd .~d d~s„~.~d ~ rn~ a:x~ or: f~~~ ~ i~`4 ~;~wr fE~ ,
~ • l-e/ S U
` _ : . : .1A ~ 8m 6 Ol`I19
t ~ c , . ; c~ .n
_ iLT ? t' ..r`-+ ; ~ ~ ~ .
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~j 1U o5 A~ ~ .
STATE OF FLORIDA g
St. LuCie ~~rj~r~
couNtY OF ~ • '
e~fa~ ~ pe~sw~ally ~ppeared ~iillia~ I,ee - Osbornp .~d
K• ~a~@ ~bO~g Fiis wife, to me well known and known to me to 6~
thc indir~dwis desuibed in and who executed the fare~oiny instru~ t, and IedQed before me that they exacuted the s+me iw ths purposa
therein expressed. And the is~d M• lS18~fl@ 1J9U0271A
wii~ of th~ ,~~a _ Willism Lee ~b02"Y19 ~pon s sepuats a~d pr'nah
v.amination by me tsken ieparare and apart irom her said husband, acknowiedged ro ~nd befae me that she executed said inst~umenf freely and volurt
~arily r.~d w~th~ut any compuls:on, cor.~traint, apprehension, or tear of or from.her said Fwsband.
WITNESS my hand and offiuai seal th~s ~ 3 day of April A, p, ~q 76
7~ . ~-Q.~
- No:ary PubIK in ~nd fw the of Fbrid~ ~t LHp~
~ My Comm:uion expires: / O ~ D. /
Return To: , d
First federal Savin~s 3 loan Associat~
Oi Forf P erce.
forl Die•ce. Florida ~ ' .~e~~
'~"r
- n t, `
This Instrument Prepared Sy J. H• RobAt`t8 h'. -
First Federal Savings b loan Association : • :
o# Fort Pierce~ Florida 33450 ~
. Checked By ~ . ~ ~ - ~ _
f,',~ ~ - .
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