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3. To {.!xa and ca~t~~~uo~sly :eep un !hr b~+ •.i~•:~s now or hr~eel~ar ~,~.,etn o~ sa~d land e~d un ~l: ~ ~.,~y~~ent acd pe~fon~lly to~ered by thii matq-
~ge, with all a~t~uium~ thvr.on p~•d in (v;~, f~~c :nf~~ance in The uwel st+nderd ~w~~cy torm, in s i~m d~.yrovrd by ti~e MORiGAGEE. a~~d wirxlflorm
~~surance in th~ uswl usndard po~•cy furm, in a w~n ap~~u.ed by ~h~ MORTGAGEE, i~ •uch compu~y or co~~pan~es af iha MO~TGAGEE may
d'uect; ?nd •11 (i~a and w~nJs~orm ~nw~e~ce pol~ues on •ny of ie~d bu~~d~n9~, •ny inlerafl thae~n or part the~eof, in ~he apqreye~e wm dw~s~id w
in ~acets thereof, sFwll contain ehe ~sual sta+:dard ~no~t~~gea dause or auch o~her ci~use as the Mortflage~ m~y requ~r~, makinq tix ios~ under fa~d po~F
;ie~, each and eve~y. payab~e ~o said :V!OR?GAi;:E a~ ~n ~mer,ef iney appesr, snd eath end eve~y wch policy ~hall be promp~ly •ts 9ned •nd delivered lo ?
sny hald by said MORTGAGEE a~ fu~~her aewrity to seid rnortge3e dtbt. •ud, no? less ~h~n fen (10) d~yf in scl.ance oi the expuation o1 eath poticy, to de- .
IivH 1o iaid MORiGAGEE a irnewal ~ix~eot. toge~Mr wi~h • rece~pt far the pr~mi~m of such rene+~al; o.~d there shafl be no fi~e or wind~to~m ins~~anc~
pl~ted on any of ss~d build+ngs, any intere~t thcre~n or part the~eof, unless m tbe form and w~th ~he loss paYahle as efw~saed; snd in tAe event any fum ~
af monsy becomes payebie ~nd~r such poGcy or poLe~as seid MOR~GAGFE s~.~11 haae ~ha oyaon w recr~vr .,nJ app!y the sartx on +ccount of tM indebted-
ness secured hrr~by w ro pemut aa~d MCRTGAGORS lo reccive a~~d we it w an~ pa~t ~he~rol to. o;i~•:r ~.ur~~csrs, .v~,hc~e ~ha•~oi .vo~.l.~~ or ~n:pair-
i y any equ~ty, I~en w right undar w by virtua of ~his mo~tyage; a~d in thr avero aa:d MORTGAGORS ~hall fw ~ny resto~ fail fo keep the s~id premisr~ so
~nwred, o? f~il Io deliver p~~rnptly any of sa~d pol~cies of ~nsurance to aa:d MORIGAGEE, or fail pro:,:~~ly fo pay tully any premi~m the~tfor or in any -
ro~pect feil 1o pe~furm, dnch~~ge, execvte, effecl, canpleta, comply wiih and abide by thit ,ove.+ant, w any part hereof, sald MGRTGAGEE may piace a~d : ~
pey fw such insurance or any part ~hereof waha~t wafv~nq w afie:tiog any opnon, lien, rqu~ty, or ~~gh~ ~~der or by v'u~~» of ~his Mor~ya9e. +nd the ~
t~ll smo~nl ol each and er~ry t~ch payn;ent shsil be ~mmtd~a!eiy du~ and F+ayable and shaH ba~~ inrereit from tha dste IhereoF until paid ~t th~ rat~ ot
n~ne per centum par annum and to~~~hr~ ~vdh w~h inte~cst siu~i t~e s~u:ed by the ~ien o( thi~ matgage. ~
1. To Fermit, comrnit or suffer no waite, impe~~men1 or det~rioration of sa~d property or eny part thereof.
5. To pay all and sinyu!ar the costs, charges and ex~.enses, incl~ding a reesonab~e attorney's fee and cos~s of abs~racts of title, incurred or paid et
any time by said MORTG.AGfE, because or in the e•~ent of ~F~e fa~!vre on the part of the said MORTGAGOR to dufy, pron,ptly. and (u~~y p~rfam, d~ulurqe.
a.ecute, effed, ca~p;ete, comply w~th ar*d ab.de by eacfi and rve~y the stipulat~ons, eg~eementl, conditions, and covenents of said p+om~tso+y note and thi•
mwtyage •ny or e~~her, and ?a~d coata, chsrges and expenses, eacA and every, shall be im~nediateiy due end payabte; whether or no1 there be notice ds
mand, .attempl to co~~rct or suit pend~ng; and the full ai»ount of each and e~ery avch paymeN shell Grar interest from the date thereof until paid a/ tM
~.,~e o~ ~~ne µer c~nt~n, Fer on„~.n; enc~ a„ aai~S cus~s, CltOfgYf a:~rl cxpe~~sea ~nc~rred w paid, together wuh wch interes4 shall be secure~ by the lien of thi~
mortgage.
6. Thst (a) in the rvent of any b.each of this Morfgage or de(ault on the parl of the MORTG 1GOR, or (b} in the event any of said sumt of nwney
here~n reEmied to be not promptly and lully aa~d wirhin tn~r.y ,30) days next ai~cr ~he sa~ne severa~ty becon:e due and pe~abl~, withovt demand or notits,
or (c) in the event each and every the stipulat~ons, agreemenff, con:i~:~or.s and coaenents of sa.d pro~:~~ssory note and +h~s mortga9e any or either are no!
iuly, pranpNy and fuUy perfwmed, d,scharged. exec~ted, e{~ected, ca~n~;leted, compl~ed w;fh and ab~ded 5y, then ~n e~~he~ or ~ny :uch awnt Ihe s~id sg
gregata sum menfioned in saW promissory note then ~e~c~a~ning.uripdid, with interost acuueJ. and afl mor.eys secured hereby, shall become due arxl pay-
able fonhwith, or thereaf~er, at the opt~on of sa~d MORIGAiiEE, ts fuiiy and compietely as if a~t oi fhe said sums o( mooey were orgi~~~ly s~~pulated
ro be pald on such day, anything 1n sa;d promissory notecor in th~s Mwtgage to the ca~trary not.v~~hstandu~g; and thereupon or therea(ter ~t the option of
sa~a MORTGAGEE, w~thout not~~o or demand, suit at Iaw a in equ~ty, ~herefore or therre{ter begun, may be prosetutad at if dl nw~neys setur~d hereby
nad matured pr~or to ~ts msta~nron. ~
7. That in ~he event fhat a~ ti+e beginning of or at any t~me pending any svit upon th73 Mo+tgage, or to foreclose if, or to roform it, w fo enforte
payment oF ~oy cl~i~:~s hereunder, said h1pRTGAGfE ahall app~y ro the Cou~~ havirg ~ur~s•~.u:o~ thereof (w the ~ppointment of • ReceivN, su~h Court shsll
fathwith appoint a receiver of said mortgag~ property ail and a~nyu:ar, incl:,~,ng aii and a~~•guler t6e income, proids, isaues and revenues from whatever
source derived, each er,d every oi wh.ch, it be~ng expressiy undn~stcod, is ~crrb~ .norig~ged as if spec~f~ca;ly set forth and dtstribd in tM yranting aod
habe~dum dauses he~eof, and such Rece~ver shatl have ait ~he br~ad and efircnve fur.u,o,~s er•.d powers m anyw~se emrusted by a Courl to ~ Reteiver, and
i~ch appointment shaU br made by ~uch Co~rt as an ad~n~tted equ~ty end a-mat!er of absoivre r,gnt to sait! MORTGAGEE, and without referente to ths
edequacy or inadeqvecy of Rhe value of the proper~/ mortpaged er to the so~ven~y or mw:~e~c~ o( seid MORIGAGOR or the defendanta, and that sueh
~e~n, profits, income, issves ar.d ~ever.ues shalt be app~ied by wch keceiver accordmg to the iien or equity of said MORTGAGEE and the practice of such
Court. ~
8. To duly, pzomprly and Futly perform, diac}~arge, eaeco!e, effect, complete, co+ep~: w~fh and abidr by eacfi,and every the stipuia~ions, agreements,
condit~ons ar.d covenapts m sa~d prom~ssory rwie a~~d th~s murrgage set fofth.
9. Tha~ m the evant the owneoshi~ of the mortgaged pre~n:ses, or any parl tiiereof, 6eco+nes YES~Cd in a person othe: tfian the MORTGAGOR, the .
MORTGAGEE, its s~ccessws and eisigns, may, •.v~thout notice to rne ~dORTGAOR, deal wAh su:h auccessw or successor in interest with reference to this
:~.ortgage and ihe dett hereby secured in ~he Sdrn! mannw as with ~.lortgagw without in any way vitiatiny w dixharging Ihe Martgagori liability he~a
vnder w upon the deot herebr secun•d !~o sair of the F~ea.•s~t ncrrby mo~tgaged a+~d no forLearance on the par~ 01 ~he MORTGAGEE w its s~ctessws
or ass~gns and no er~ens~o~ of rhe r~me ior ~he payrnent ot the deGt hereLy secured given by the htORTGAGEE er its wccessors w au~gns, shall ope~ab
to reiease, dncherge, mocJ~ly change or atiecr the o:~g:nal ila~~l~ry of tne h10RiGAGOR herein, either in whoie o~ in part.
10. It is spec~FtL3~Iy agreed ~hat tinee is of the esserce of this cor,tract and that no waiver of any ob~~gat~on hereunder or of tha obligation se-
, wred hereby sha}~ a~ an~ time thereahrr be hrid ro be a wa~ver of fhe te:ms.he:eof o~ of [he instrument secwed herby.
11. In add no~ to the far-rgo :1g month'y payments o` ;.rinc pa! artd int~resr requ~red by the prom;ssory nore sewred hereby, mortgagor eovenants
' ~~-d agreef to pay to mo~tgnyee wah each mcn!h:y ~;ay:~ er! an adJ r~onal sum es+:r.ated by +nortgagee to be eq~a~ to 1,~12 of the a~nual cost of the follow-
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~ A-All reai proper.y taxes iened or assessc~: ag3~~~si ~nc eoove desaibed rea! euate.
~ B- Prsmiums on flre ard wi~~dstorm ~n3urarce as F.ere~n r~u:red to be wrried on the ~mproveme~ts s~tuate on ihe above described premises.
j C-Pre:niurns on ~uch mortgage guaranty mwrance as mortga~ee shali fron t nee to time deem fit to tarry on,the loan secured hereby. ~
f ldortgagee sha?I from r~~ne }o t~n.e ncr~fy rno:tgagor •n w~ihng of the a.rwu~t due ar.d payabfe hereunder and such sum shall thereupon be due and
~ ~.ayab!e on the dua date of tke nexr month:y payn,e~,r a•~d each svccessEve :*onfn rhereart~r u~,ril mortgagee shall notify mortgagor of a change in such .
a•:o~nt. Such su^s sF.a11 be apF. ~ed by mo.tgeyer to.va:d u,e Narmrnt of raal pror?rty !aaes, insurar.ce prem:ums, and mortgage g~aranty insuranee
~ .;~'emiums.
IN YlITNE55 W.HER~OF, the sa~d h1GRTGA:+02 has hereurno set his har,d and scal rhe day and ear fi~t afo~esaid.
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~ Signed, $ealed and de'ivered in tht presence ef: _ ~~fe
- ~ _ FIIE^v~ ~ G~JMT'! f~1~. !~/C ~ _
~ - - - S1.W~~- ~,~;~.~?5 ~ W on J. ker / .
, ~ f.;;c ~ " ~ -y;T ~ov~t is~.n
g ~.l "j w ~i~ ; ~~c :K Ct • Seaq
_ ~ -1 F~'=~ ' ~ rothy alker (s~~l)
STATE OF ftORIDA A~ ~ t~ 43 ~
~CUN~Y OF _ $t. I.UCl@------- ~ Ss. ~l~`#v:7~1 .
Before me personail~ appeared W1150C1 Walker
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Doroth~_P. Walker _ h;: wife, to me well known and known to me to be
k the individuals dexribed in end who eaecuted the forego+ng instrument, and acknowledged before rtse that they ezecuted the same ior the purposes
~ Doroth P. Walker _ "
rherein expressed. And the sa;d_-___--- _ y
Wilson J Walker
i N~fr of the sa~~ % upon s sepNSte and privat~
i exam~nation by mr tai.en separate and apart irom her said hvsband, ac~cnowledged to and before me tnat she executed said instrumem freely and voluo-
ta*~ly and w+thout any comr>uis~o~, constraint, apprehens;on, w fear of or from her sa~d h~sbar.d.
y WITNESS my h~nd 2nd offida! scai this_ day or--_-- ~`1a y A. D. 19 . 76
~ , ~ ~ i ~L~~~.C-l t_~t- ( . ~ ' ~ f-'(~
lt _ . ~~1~
~ ary Pubf~c in and fw the State of fj rid~ at ys
~ N(y Ccmm~ssioo expirea: ~ ~ i"
Rerurn to: ~
; , ~j /`/~1
First federol Savmgi 3 toan Asscc,a~:on
~ . i- ,
~ Of Fo~t P:rce ~ ' " ,
~ Fort F~ercP, ft:~r~~a ~ ~ . ~ _
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~ ~~;OYtiRY~ •
This Instrument Prepared By Robert A, Slaisher~ Ji. ~ ~?~+o ~ • : ~
~ First Federal Savings & loan Association . : r;,~ ~=r, : ~ • ; ;
" ~ 0 t. C
r of Fort Pierce, F lori da % ri ' p ~
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~ Checked BY -------z-;{ ~'ACf ~ ~•,~~i~' f-L4~~'r~.
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