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J. To pt~c~ ~nd continuov?ly kNp on tM bvildinp~ now or h~r~~ftM utv~N on ~a~d land N+d on ~II puipnwM ~nd p~nonatty cov~r~d by ~lys mat~
p~, wi~h ~U ptemivm~ 1Mrwn p~id in (utl, fin ~ntur~nc~ in 1he uwal st~nd~rd policy fwm. in • svm ~pprov~d by IM 1NORTGAGEE. and wind~~w~ i
kaw~na in ~M usual ~andad pol~cy torm, in a~um ~pproved by tM MORTGAGEE. in ~uch oomp~ny w wrnpw?i~a a tM MORTGAGfE ~r ;
d'u~cq N?d •11 (ir~ ~nd w~rorm iniwanu polic~.s on ~oy of said buiid~nps, anr tMereu tl?NNn w put Iherwf, in ti+~ app.epa~ wn? afo~aaid a ~
1~ ucpa fMrwf. ahaq cont~in tM ~wal ~tandard marpa~ c1auH w ~~ch aiwr c1auN a Nw Ma~pap~a m~y rpuin, ~kM+p d» Iwa un~ said pol~
cl~s. ~ach ~nd tvKY. Wr~b~~ ro••id MORiGAGEE a~ in intNeit m~Y ~pp~u. and ach ~nd e~rary s~xh policy ~Ivi! b~ p.anprlp a~.aMd ~nd d~livK~d ~o ~
any Mld by s~id MORTGAGEE a~ fur~h~r ~~cwity ~o uid mwt~spa d~W. ~nd. nW I~w ~Mn Nn (IW d~ys in adv~nu o) ~l+t ~xpir~~an o! ~ Po~K1l. b dr ~ i
liwr to wid MORTGIIGEE a renawal th~reof, topetMt with ~ r~c~:p~ for tM pr~mium of wch rtnew~l~ ar+d ~Mr~ ahall b~ no i'r~ a windstam leawanc~ ~ ~ ~
placed an ~ny of uid buildirg~. any inter~st ttwr~in a pa~t th~rwf, unka tn th~ fum ~nd wit6 tM toa~ paY+bb a ~fonsaWr u~d ln tM ~v~M any swo 1
of mon.y bacor?,.a payaW. u~+dw ~uch policy w pol~c:t~ uid MORiGAGEE ~lull haw ~M optton to receiv~ ~nd ~pply tM san+~ on ~ccount of ~M G+d~b~d~
n~s~ s~cur~d lwsby a b p~rmlt said MORTGAGORS ~o reaiw and w~ il w a~y parl tMrwi fa other purpos~a, wirhout thKeb/ wai•i,~q w r+~p+in -
Inp any puity, li~n or ripht under w by vUtus of ~hls mortyap~: and i~ tM ~v~n~ uid N1pRTGAGORS shall (or any reason f~il 1o kKp tM aid pr~miaa w-
inwred, a tall ro dtliver promptty ~ny oi said pof~ci~s of inwr~ to ~aid MORTGAGEE, w tail prompHy to pay fvlly ~ny pr~mwm tlaniw w In any
rosp~tt f~il to parfo~m, diuM~y~, execuq. ~H~ct, complet~, comply with and ~bid~ by Ihis cov~~anl, o~ ae+y part herwf, ~aid MORTGAGEE ~nay pl~a ~nd
psY fa wch inswae~ a ~ny part tFwreof without w~ivinp or aifectinp s~ryr option, lien. puity, or riqh~ und~r a by vlrtw of thls Matp~p~. and th~ j
full arno~m of ~ach a~d ~~~ry ~uch p~yment shdl b~ imm~diably dw and p~yabl~ •nd sh+11 b.a~ G+tar.it lrom tM daa tF?~r.oi unttl paid N tM ~~t~. ol
~in~ pK centvm pN ~nnum a~d toq~thei wl+h iuch i~~aes~ ahall be sec~red by ti» li~n ot thU rrwrfpap~. ~
1. To p~rmH, canmH w wf(K ~o wut~, lmpairm~m a detsrioratan of i~id p~OpNfy W My pi~1 tMf~Of.
S. lo pay ~11 and unpul~r the cwts, chuyes ~nd ~xp~mea, includinp a reawnabb sttorn~y i fe~ and cwts of ~bstracfs of titlt. M+cwred o~ p~ld at ~
any time by said MORTGAGfE, bca~se a in the went of tM iailw~ on tM ps?1 0( th~ sald tAORTGAGOR w duly, ao~?~y and tv11y pKfonn, d~hu~
execute, effsN. complkq. comply whh and ~b~de by ~ach arw! evary the ~tipuf~~iau. .gn.mena, condiriona, snd oov.na~n oi said promiswry not~ ~nd thia
mortyap~ eey or either. a~+d ~aid coan, charpes and ~xp~nse~, each and ~wry. shall b~ imn+~di~tdy dw and payabl~J wMthtr o~ not tMr~ b~ e+otiu dr
mand, sfMmpl fo tolkct a suit p~nd~n~: and tl~e full ~t of sach ~nd sve?y such payment ~hall b~u interest fran tM dat~ tlwwf wnil p~id at th~ ~
rate ol ni~t per esntum per arnium; ~nd ~II iaid cosn. charyes ~nd ~xpH+s~~ incwr~d or paid, topether w~th such intsr~at, ~lwll b~ waered by tM li~n of this
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6. Tl+at in tha wMt af ~ey breach of ~his 1Nortya~p~ w d~favlt on th~ pah o( tM JIAORT6AGpR, or (b) in th~ ~vent any of ~aid wms oi mon~y
herein r•fe.r.d ro!» nw p.ompry and futly paid wtthin ~hirty (~p) d~y~ next after the iame .e~e~+uy ~«wne dw .~d P+y.bw. withoW d~m~nd p notit~.
o~ (~J En the ewm each u~d ~vmy tM itipvt~riorn, ~pr~em~nt~. conditions and covena~t~ of ~~~d promi~wrr not~ and th~s matpap~ a~y a~ithN an nw
ivly. pranptly and fully pe~formed. d~xharyed. ~xecvted, ~ffsct~d, compt~r~d. comploed wi~h and abided ~iy, thp? in ~i~h~r or any wch ~wM tl» s~id ~
qrey~M wm mentioned In ssid promiuay rat~ then remaininp unpaid. wilh inser~st ~caued, u~d all moneys s~tursd M~tby. sh~ll beoo~n~ dW and pay-
•ble futhwith, w tMrsafte?, ~t tM op+~on of ~aid MORTGAGEE, ~s (vlly and canp~stely •s H~II o( tha iaid wms of ewe~y wtre otipi~ally stipulated
ro bs pa;d on such day. a~ythinp in sa~d prom~uory note or in this Mor~yage to the con~rary notwi~Mtandinp: ~nd tF~~upo~ w thsr~ah~r a~ th~ op~an of '
said MORTGAGEE, without notic~ or damand. tuit ~t law a i~ puity, thersfw~ w tMrealter byun, may be proNtvfld p if a!1 naMys Ncw~d hKeby t
I~ad matured pnor to its institution. ~
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7. That in th~ event ~ha~ at ?he beginn~ng of or st any t~me panding ~ny suit upw~ ~his Monpaq~, a to for~cloa~ M, w to refom+ H, u to ~nfwa ~
paYment of any cla~ms he~e~nder, s~~d MORtGl~GEE shall apply to the Court F~avi~g jurisdKtion thereo( ior tM appointmMt of ~ R~pivp, wch Cax1 ahall .
fortl?with s ~nt • receirer of wid mwt ed rt ~II and s' uler, includ~ all and s~ ular tM income, ofita, issue~ and rw~nws from wfiat~wr ~
PDo 9+9 P~~ Y ~^9 P~ t
souru dNived, each ~nd every of which, it beinp txpreuly undentood, is hereby rtartgsged as if ~pec~fically sst forth ~nd d~wib~d in tiw qr~ntinp ~nd
habsndum clauses hereof, and such Receivc? shalt haie ol! tF~e boad s~?d ~ffective f~ncnona and powers in anywist entrust~d by • Cou~t fo ~ R~ceivsr, and ~
such sppoie:tment ihall be mad~ by such Cour1 as an admitted eqvity and a matter oi absolute rpht to said MORTGAGEE, and wiihout nfa~nct to fh~
edeq~acy a inadeqvacy of the valw of the p~operty mwt9a9~d a to the sohraxy or insolve~cy oi uid MORTGAGOR or tM d~fenda~q. ~r+d that such
rents, profiri, incorne, iuves and revenu~t sha!I b~ applitd by suth Reteiver accwdinp to tM lien w equity of said MORTGAGEE ~nd tlk pradic~ of such
CouA.
8. To d~Iy, promptly ~red fully prtwm, disch~rqe, execvte, effect, oomple+e, comply with ~nd ~bid~ by ach a+d ~very tM atipulatiora, pr~b,
conditaro ~nd mvenanri in u~d promissory not~ and th~s mortyage iet for?h.
9. That in the event the ownership of the mortpa~ed premius, w any part ihercof, becomet veit~d 1n a p~non otFw fh~n fhe MORTGAGOR, fM
MORTGAGEE, in suctessa~ and ~ssi~ns, may, without nolice to the MORTGAOR, deal with such sutcessor O~ sutcdsw in inlerqt with rtfer~nce to this
mort~sge and the debt hereby secur~d in the ume m~nner as with Mortg~yw without in ~ny way viti~tinp p disti»rpirg th~ Mortyapws' liability INr~-
unde~ a vpon the debt hcr~by securcd. No wle of ~M premiis~ he~eby mwtyayed and no fabNr~nc~ on th~ pHt of tM MORTGAGEE or iri waessws
w suigns snd rw e:~ension oi the time fw the payment of the debt hcreby secured yiren by tl» MORTGAGEE or ib t~atsson p suipm, shdl op~rat~
to rNeae, dischar~, modify tha~ge o~ af(ad the wipinal li~b~lity of tM MORTGAGOR h~?~n+, ~itt?K in wholt w M par~ '
)0. It is specifically agreed that time is of ths essenct of this coMr~ct and that no w~'wer of anr oblip~tion hutunda or of th~ oblipt?ion N-
ciired Mr~by fhall at my time thereafter be held to be a waive~ of ths tsrrru hereof or of the irotrumem sec~red harby. ~
11. tn add;tia~ to the (orego:ng monthly payme~ts of princ'psl and M~ercst ~cqui.ed by the promissory no~e secured hereby, .morfy~or townanri
, nr.d agrees to p~y to morrysgee wi~h ~ach monthly paymeM ar+ add~eional sum essirtiated by mwtgsgee fo be ~qual to 1 j 12 of th~ annwl coat of th~ foltow-. ~
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A-All real property taxes levied or asussed against the above described real estata
i B-Prem~ums on fire and windstorm insura~ce as herein requ'aed fo be csrried on the improvements situate on fhe ~bove dewibed premiies.
~ C-Premiums on such mortgage guaranry insurar.ce as tr+ortg~gee shall from 1~me to time deem fit to prry oo the loan ~ecvred h~rreby.
~ Matgayee shaN from fime to time notify mwtg~gor in writ~ny of the amount due snd payeble I+ereund~r ard ~uch wm sh+ll ther~upon b~ due ~nd
p~ysble on the due date of the neat month?y payment and esch succetsivt month thereafter umil mwtqagee shall ~otify mortqapw of a thanp~ in such ~
{ amo~nt. Such sums shall be applied by mo?tgagee toward the payment of resl property taxes, ir+wrance prem:vrra, and mo?t9ay~ pwr~nfy inwranc~ ~
~ premiums.
~ ~N WITNE55 WHFREOF, the sa~d N10RTGAGOR has hereunto ~t his hand and ~eal the day and y~ar f' afwesaid. i
i Sipt~ad, Std~d and dtliwred in fM presence of: - ~
~ _ ~ i .l °i : r : :%J±~i~£ i'°- n
S'~ G, ut ~11 T~y ~i j!l
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~ STATE OF fIORIDA ~ QS ~ ~t~ ~~45~1
~ cour,Tr oF St . Luci e
~ 6er„~ a,. qr.a„uy .ppea..d Leo C. We aver ,,,d
M i 1 dr ed L. We ave r hi, w;f., ta m. w.n k,+ow„ ,nd krawn fo b,
~ rhe individw(s dewibed in aex! who ~~cecuted t!N fu~!g instrumsnt, and acknowledped befor~ rtw that they ~x~cuted the s+m~ for iFK purposss
~ therein txpres~ed. Md th~ tsid Mildre(1 L. Weaver
fe o{ ~h. Leo C. We aver „Por, ...pa..t~ .nd prhr.a
' exemination by me taken separ~te and apart from her uid husb~nd, aduwwledged to and befat me thaf aM ~xacvt~d s~id Gnhwn~e+t fi»Ip ~nd-votwr
~erily and withovt ~ny compulsion, tonstiaint, apprehans~ o ftsr of or irom Mr uid husband.
~ WITNESS my h~nd and offiuel ~eal thi d~y of Ma A. D. 19 76
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~ , No?ary Publ in Md fw tM Sat~ of Fbrid~ ~t lsrp~
~ My Cort~miuion ~xpires:
~ Retum Ta ~
~ Fint Federal Savings a Loan Aswciation ~ ,l,~ r~ ;;a I'
a Of Fort Rerte. :i; ~h~'V 1'!" ' r ~ . ~ . : ~ '
Y fort Pierce, florida MY CC~~~'~~'- ~:',~:s ~i~a~iicx~`~o. ~
, M.~.c;.a;. wa~ .~i:St:~~
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~ This Instrument Prepared By RiChard K. Kayes ~:'..'t~~_ -V~:, a;
First Federol Savings ~ loan Association ~ : , r ~ : ~ ~ ;
of Fort Pierce - = ~ ° • ; '
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Q~ ~ o~.;_~. :a . •v
~ Checked 8y ~IY f'. ~1 A,~ s~~~ ~ ~ ~ 1
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