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3. To pi~c~ and continuouily ke~R on ehe bu~',.i~~~~ now o~ ha~af~~~ ~:twh oo ~a~d land and or •1! equipmenr ~nd p~t~on~lly tov~r~d bY thL nw~tp~
p~, with el) pemium~ thereon p~~d in fvtl, fire ir.sur~~:c? in tM uw~l •tandud polity form, in • Wm •pprov~d by tM MORTGAGEE, ?nd wind~t~m
Inwr~nc~ M th~ uiwl ~es„dard pot:cy (am, In s ivm •ppror~d by ~M MORTGAGEf, ~n ~uch company o~ comp~n~~a a~M MORTGAGEE m+y
dir~ctj ~r,d all fir~ ~nd w~nduorm in~u~anc~ poi~cie~ o++ ~ny o} ~aid buildinpf. ~ny int~r~sl Ihet~in Or p~tl ih~rw(. in IM ~9qre9~q ~um ~tu~aid o?
In ~xt~u Ihcrfol, ~hal) contain th~ usva! :tand~~d mor~gs9N deus~ cr tuth oth~r tlaus~ +t th~ Ab~1p~9N may rpuir~, m~kinp th~ IoN ~~id polb
cih, ~~ch ~nd •v~.y, p~y~bi• ~o uid MORTGAGEE ~u imere~t m~y app~a., ~nd each snd wary wch policy ~h~ll b~ prompely u~.pnrd ~nd dcllwr~d to
~ny F»Id by tsid MOR1GAGfE furthsr sr.urity to ~~7d mortflay~ deb~. •nd, not l~ts than t~n ~10) day~ In ~dv~nc~ of tM ~xpirNion o} ~~ch poHty, to dN
l~v~a ~o ~~id MORiGAGEf • r~newal ~h~rwf, to~~~h~r w~~h • rec~~pt fw fM pr~mium of iuch r~n~wal; •nd ther~ ~h~ll k» no fin a wind~~o~m In~ur~nc~
plac~d on ~ny of Nid buildinp~. ~ny in~ersaf ~Mrein u pa~t ther~of, unl~u in ~i,~ (orm u~d wi~h ~h~ lou pay~bl~ at •fw~uidt ~r+d 1n tM ~wnt ~ny wn~
of mon~y yecom~s payabte und~~ ~ucfi poticy or pol;ci~~ said MORTGAGEE ihall hav~ rh~ op~+on to rx~ivo ~nd ipply eha um~ on auounl oi fM Ind~bt~d-
n~~s secu~~d hereby or 1o pkmit ~aid AAl?RTGAGORS to recaiv• ~nd uN it w•oy p~rt the~eof ior omc~r
ur
~~o~se~s w~thput fh-~CDI wairi~ti a_~yyu
7.g-~ny-pvA~r,-~i~n orriqhr ; n mlK~-iveni`ia~d-AC~SRT~iJJ(~'SR~~u11 for ~ny r•awn fafl to ke~p rlu uid prN++l~ta w
in~ured, w fall lo dQliv~r promplly sny o( said pol~ci~~ of inturas+t~ to s~id MaRTGAGfE, w f~il promptiy to p~y fully any pr~mium th~nfw W in ~ny
r~~p~tt (~il to p~rlwm, d~schary~. •x~cur~. ~ff~c1, compl~r~, comply wi~h ~nd ~b~ by thi~ cov~nant, a any p~rt h~r~of, s~~d MORiGAGEE mar plac~ and
p~y tw such iruuronc~ or any part tMnof without w~ivinp a•lfQUinq •ny optqn, li~n, pu~ly, or ri9ht unda or by virew of th{s Matp~q~. ~nd tFN
full amovn~ of tach and ~v~ry avch payn»nt sha:l be immsdiatoly dw and p+y~bl~ and ~hall bear int~r~it from th~ dN• tMrwi until paid tl tM raN o1
n~n~ p~r c~ntum per annum and tops~ber w~~h ~uch ir.faest shall be ~ecured by tl~s U~o q~ 1hw mortp~p~.
1. To p~rmlf, tommit w suffer no waste, impairmrnt ar dettrioration of uid prop~Ay or ~mr part t}rreof,
S. To pay •II •nd sinyutu tM costs, charp~s •nd •xpsnus, includiny a rQ~son~bl~ ~~orn~y's f~~ and coit~ of ~bsuacn of ~itl~, inc~rr~d w patd ~t ~
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sny tim~ by ~~id MORTGAGfE, beau~e w In tha ~v~nt of the fsilurs on th~ part of ~M ~aid MORTGAGOR to duly, promptly ~nd fully p~rfam, diuMrp~
•:ecur~, etf~, compt~r~, compFy w~th snd ab:d~ by ~~ch and wery tM ~tipvl~t~orss, preemen», cond~eiom, ~nd cov~nann of ~ald promiuwy eot~ and ~hii
morty~pe any or ~ith~r, ~nd u~d cosn, chup~~ and eap~nia, ekl+ and ev~ry, shal! b~ imm~di~t~ly dw ~~d payabl~; whetMr a not thar~ b~ notic~ dr
mand, •tt~mpt to collM w~uit p~ndinp; ~n6 tM full smounl of ~ach •nd ev~ry tuch paym~nt ~h~li b~~r int~r~~t from tM dat~ ~M~wf ~ntit paid ~1 tM
raie of n;ne per cantum per ~nnu:n; and aIl ,~id corts, charfle~ •nd ~np~n~e~ ~ncurred a paid, topeth~r wnh ~uch int~r~~t, ihall 6~ ~ecur~d by ~h~ Ii~n of ti~4
mOtlQaQf.
6. Th~t in tM ~v~nt of any b~~+ch o/ thi~ Moity~ye or def~ult en the patt of ths MORTGAGOR, w(b) in th~ ~v~nt •ny d s~~d t~~n+s of money ;
herein r~fened Io b~ no~ prompdy •nd /ully paid wiihin thhty (~0) d~ys nexf •fter th~ sar.~~ a•vrauy becom• dw •nd psyabi~, wit?qut dtm~nd or notict.
or (c) in tha ~v~nt each and every th~ sfipulstions, ay~rNm~nt~. condi!ion~ and cov~nants af sa;d p~omitsory not~ ~nd th~~ mwtp~9~ ~ny w~ithN ar~ ool
iuly, promprly and fuily p~rform~d, d:uharqed. executed, •ffecte~, complet~d, <ompl~~d with and ~bided by, tMn in •itM~ or any ~uch ~wnt 1M uid +p~
grepat~ sum mentioned in said promissory nore then remaininq unp~id, with inlerest ~ccrued. and alt monfys secur~d Mr~by. ~hall b~com~ dw ar+d p~y-
abte fathwith, or th~reafter, st the option of s~~d MOa1GAGEE, •s 1ully and completely as if •fl of th~ wid s~rm of mon~y wer~ ori9iMlty ttipul~ttd
to be pa~d on such day, anyihinp ?n sa:d prom~s~ory note or in th+s Mortyafle to th~ controry no+withsqndir~; •nd th~r~upon or tMreaftx at t~~ option of
se~d MOkTGAGEE, without notic~ or demand, •uit ~t faw or in ~quity, therefore w thereafter bepun, may b~ prosecuted ~s if all mon~y~ Ntur~d hN~by
hed matured pr~ot lo ~ts in~titution. '
7. ~fwt ir. th~ svent th~t at the bsginninp of or ~t +~y tirrK pendinp sny su~t ~po~ this MoI{fl~g~, a ro fa~tios~ it, or 1o r~form N, w fo ~nfaq
paymenf of any claims h~reunder, a~id MORTGAGEE •hall apply to tF.e Caurt havinq ju.isd~ction ther~of fw 1he sppoinimM?f of ~ RK~tvv, tuth Court ~h~ll
torrhwirh appoim a receivr. et :a3r! r^ortpayrd Fropertq e!! and u~u!er, irx!:~d:ag ell ertd si~qu~er the incomt, ~rotitf, iafws ~rsd twsn;r~t'frderl'wba~»r
seurc~ der:ved, each snd ev~ry o# wh~ch, it beiry expressly u~deratood, is F+~reby rtio~~ysfled as i! ~p~cifit~:ly at/ faYh and d~crib~d ia tM qr"snrinp ~nd
habendurn ci,~uses hereo}, •nd auch Rec~iver shall hava ~~1 the b~wd and effeaive funct~on~ •nd powe~t in •nywit~ ~ntru~t~d by a Cou~t to a Rateiver, ~nd
s~ch ~ppointment shall bs made by such Court ai ~n admitted cquity and a matter of absotu?e rl9h~ ro~id MORTGAGEE, and without nfererx~ tO tM
edequ~cy w inadequacy of the vatue ol the properry morty~yed or ta the iorvency or ~nio!vency of said MORTGAGOR a the def~nd~ntt, and tMl iuch
rems, profics, incane, is~ust'+nd revsnuei shall b~ eppiisd by tuch Rscaive~ accordin9 to tht li~n w puity ot uid MORiGAGEE ~nd tM pr~ctic~ of such
CouR.
B. To du!y, promptly snd iully perform, discharge, execure, etfen, complete, co~~+p!y with and ablde by tach ~~d ~vsry tM st;puiation~, ~ynem~nts,
:onditions and covenants in ta+d p~omitsay note and thes mortQags te~ fonh.
, 9. That in the evant the ownersh~p of the mcrtgaged premises, or any parf thereaf, become~ wsted in • p~rwn other than the MORTGAGOR, t!u
A•ORTGAGEE, ifs successors •nd ass:y~a, may, w:fhou~ notice to ~he MORTGAOR, deal with such succeuor p successw in intereft with refert~a to thi~
n~ ..rgage and tha debt Mreby secv~:d in Ihe same manner as w+th ldortpapor without in any way vitiatiny or d~uh~r9iny tM Mat~wt' liibility hsrt
under or uFon tfie deb~ hereby securQd. No ~al• o} ths prcm~ses lserebr mort4ap~d ~nd no forbe~r~ru~ on th~ paM of the MORTGAGEE w it~ tutce~son
or atsiflos and no ext~nsion of the time for the payrtuM of the deb~ her~by tecured plven by ttw MORTGAGEf or ih sucuuon o~ auiq~u, ~hall op~r~t~ ;
to releas~, disch~r~e, modify cfianga a sHecr ih~ or~y;nal ~i~b:f~ty of the MORTGAGOR Mrein, eith~r in whole w in part. ~
10. N i: ~pec~fically egreed ~hat tims i~ of tha easence of rhi~ conuact and fhat no waiver o~ ~ny oblip~tion ?weunder a of tM obliptlion sr ;
c~red her~by shatl at any time there~fter be held to be a wsiver of th~ terme hereof oi of the in~trum~nt Ncurtd h~rby. ;
11. In edd~t~on to the 4orego'ng monthty payments of pri~c paf snd inrrrest requirrd by the prom:cwry no~~ wcured h~reby, matpsgor tovtn~nts ~
~ a~d agrces to pay to mortg~gee Y:ith each rr.on!h:y pay.neM an +dd~<<onal sum e?umared by mortyapee to be eG~al to 1/12 of the annwl cwt of the follow-
~ng:
i A-All real prop2rty ta:as levied or assessed a9a~r,st rhe aEove dascribEd resl estste.
B-Premivms on f;re and wir.dsto+m insura^ce as here~n requ:~ed to be carr:ed on the improvements si:uste on the above descsibed premisef,
C-Prem~ums on such mo:tgege guaran!y insura~~ce as mortgagee shalt fro~r. ttri~e ro time deem fit to urry on the losn secured hereby. •
k AAortgag~e shs!I from rime to t~me ~or;fy mortyagor in writing of the amoun~ due and payabt~ herc~~de~ ~nd such sum fhatl therevpon be d~?e ~nd
i cayable on tht due dase ef the next mon!h!y payment and eatn s~ccessive monih thereafter ur.~il mortqaqse thall notify mortpagor of a charpe in such
a~ount. Si~cfi suma sFail tx app.~ed ty morrgagee ro.vard t~e payment of real property t~xes, insurance prem,umt, and mottQay~ pueranty intunntt
~ premiuma.
E IN WlTNfSS WN:REOF, the said MORTGAGOR has herev^to set his fiar.d and sea! the day and year f' af esaid. .
~ Siyned, Seated and delivyed in th~ presence of: '
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~ ~ " ' i ~ Leslie B. Ga 'dos ~p
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~ _ !.'t.t:• ~ :.-1 G : ~ (S~aq
` ~ Violet Ga~dos
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SiATE Of fIORIDA ~
~ COUNTY OF St . Luc ie
~ Befw~ me personally appeared ~ S i le B. Ga j dos
~nd
~ V 1 Ole t Gd j d05 hif wift, to m~ well known and known ro rn~ to b~
~ rhs individuals dssuibed En ~nd who ~xccuted tM foreyoinp instrumeni, and ~cicnow:edyed b~fore rrN that th~y •x~cutsd th~ ~arnt (or tt+~ p~tpoNs
= ther~;n ~xpr~ised. And tF~e t~id VlO1Q~ ~'ia]d05
" L.e s 1 ie B. Ga dos , .~.~.t• ~
~ Ni(e of th~ taid J ~
~ ex~mination by me t~ken sepuate and spert from her said hu~band, acknowledged to snd before rr~e fhat iF?~ exetuted said in~trvm~M fr~tly and volun- ~ i
~ rarily •nd witho~f •ny compulsion,- corstrsint, apprehens:on, or fear of or from her ta~d husbsnJ.
>R WITNE55 my hand and oificial seal this -'~~r~ day of A ~.i1 ~ p. 19 -76 ~
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; / ~ , Noury Public in and (w tlfi Sute Florid~ larp~
~ Retum To: ~ My Commiition expirq: ~ XG ~
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Firtt Ftdera! Ssvinp~ 3 loan Associat;on j- y ' r~
Q Of Fo~t P erce. ~ , _
' For~ P:erca florida ~ • • `,~T 1r'~ . ~ r
~ ' + i: ~ v " V ~
~ IMar , G ~ 32 ~ ~ h~ ~ . : - ^ -
~ This Instrument Prepared By John W. ~ollins ' ~ : ' ' ~
~ First Federal Savings b loan Association ~ ~ ~ ~
F of Fort Pierce ~ F lor i da - ;
:Y . l. .
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x CheC{ced By ~ • • ~
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' 25? e,~~ 473 ~