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To plac~ and cantinvo~sy ke~p on th~ buildlnps now a h~rNhw ~itvaN on s~W land and on ~11 puipm~nt ~nd pKSan~ll~r covN~d b~r thi~ na?q~ .
p~, with all pnmivms 11+Keon p~td in tul1, (ire Im~nnc~ in ~h~ ~~wl ~tardud policy fa~l, in •~wn appov~d b~l fh~ MORTGAGEE. ~d wie~dt~ain
kaww~a in rh~ wwl panda+d po1~q fany in ~ sun+ sppro~~d by ?1+~ MORTGAGEE. in wch ccmpanY w ca^P+^bs +s the MORTGAf3EE ~y
dirMi ~nd all fin ~nd wind?~wm inwrsnn polkiea on ~ny ol NW EuiWinOf~ ~ny MIHq1 thNfM Of pMt flN~~p~, in tlw app~paN sv+~ aiaaald a
M~xc~a IMnof, ahall contain tM vsual it~ndad matpa~a dwN a tuch o~h~. ciws~ a tM Nb?„~;pN msY ?puin, m+kinp tM lou u~ sud pdF ~
cla, ~ach u~d ~wry. p~Yab1~ w u~d MORTGAGEE n iri Interes~ nay app~a~. u~d Nch Md w~.y such policy ahall b~ panp~ly as:y~ed and d~liwr~d a ~
M+y MM by ~aid MORTGI?GEE ~s iwth~? ~ecwity to saW matqap~ dabt. aod, not I~ss th+n t~n (10l d~ys in ~dv+nc~ of th~ ~xpk~tlon ot ~ad~ policy. ro dr 4
tiwr b ~aid MORTGAGEE a r~wal Menof. top~~ha with ~ rac~Ipt for tM prNnivm of wch raeKwalj and tl+K~ shall b~ no f'v~ w winibta~n ieww+nu '
plaad on ~n~r of ~id bulldinps, ury Mtnesi ther~in or p~n thKwf, uobas ie the form and wi~h th~ lou pay~bb as aFa~sald~ ~nd 1n 1M ~wn1 ~I awn !
of mw~y betorews payabb undN wch policy a policNS aid MORTGI?GEE ~!?all Mw ~M optan a ncriw ~nd ~pply th~ s+m~ on ~coovm of ~h~ ind.bt~d
n~q saw~d Mnby w b pe~mM u{d MORTGAGORS lo rsc~iw and us~ it a any part thereof for othe? purposes, without ~hercb~ waivinp or unp~ir• ;
inp ao~ puify, li~n a riQht undN a by virtu~ of Mb mort9ap~s wd in IM ~wnt uid AAORTGAGORS shall tw a~y r~awn ~ail W k~ep tM a~ld p~~n?isN a ~
k+wrd, or f~il b deliwr P~~P~~N ~~11 of said policia ol Inswaou lo ~aid AAORTGAGEE, w fai! Wa^M~Y b P~Y fully ~ny premiwn tMr~fw w in anr f
r~ap~cf f~il b p~r~onn, dischu~e. execvt~. ~ff~cf, compht~, comp~Y wl~h a++d ~bid~ by this aownan~, or ~ny pan herwf. ~aid MORTGAGEE m~y p4oe u~d
paY for wch i~awano~ w~ny put t1,Kwf without wahr~np a~ff~ainp any optan, IMn, puity, a ripht. und~r a by virtw ot thia lNortpap~, a~d tM
fvll ~nw~aN ot ~ach and wKy such payment sMll~e imenedi~tely dw u+d pyabh ~nd ~Mall b~ar hta„t fra-~ ~h~ da1~ tAerwf w?~il p~id at tM ~aq ol !
nirN pw anhxn pM amwa ard ~opether with tuch i~taa~ ~Mli b~ Hcur~d by tM lien oi this morppa. ,
1. To pKmlt oomnQt a wff~r no wast~. 4opakment a d~taiaatan of sald propKty w any parf ther~of. ~
S, To pay ~II a~d sinpulu tM oa», cM?p~s u+d ~apaw~, includirg • r~aion~ble ~n«n~y'~ iN +nd aats ot ~bstrac» ot titM. MKwnd w pald ~t
any tMm bp safd 1NO~TG1IGEE. bwus~ a tn tM ~vent of Il~s failuro on tM put oF tM s~id MORTGAQOR to rluly. p.o~~b .~d fv~N v.rf«~n. d~.c~+«~.,
•:~ceM, ~ff~cr. OOf11PItN. COrt1P~Y W11I~ i?Id ~bkJf by fKA i1~ OVlry fFN ~t{pUl~tiOflf. ~flM/0~1ft. OOf1fJltlOflf. Nld tOWfN1f1~ Of {~id Pf0~11itfOfY IfOf~ M1d tI1~
^~+D~ +~M? or ~itlw~, snd s~id cwts. ci~ryh and ~xpens~s, e~ch and •wry, sh~ll M inre~adia~~ly dw ~nd payabl~r wMrh~r w not rh~r~ b~ notic~ d?
m~nd, atex~l to ooll~ct a wit pend~nyi and tM f~11 ~moum of each and awrY ~ WY~f sh~ll M~? h~e.a~ fran ~M d~r~ tMr~of ~,ntil paid at th~
rate of nirK pK centum pe~ uwwm; and all said cost~, charqes and eapenses incwred w paid. top~ther with ~uch Mt~rest. thall b~ acur~d dy tM li~n of t!w
nwrtDap~, • - .
b. ihH (a) in tht ewM of any breach of this Mwtya~ w d~fwlt on t!» part of the HA~RTGAGOR. or (b) in tM tvw+t u~y of s~id ~wns of nae~
heretn nfand a b~ not promp~ty and fu~ty pa~d witliin tt~i?ty (3pl days nsxt aftcr the same Nve~ally becom~ dw a~d payabb„ without d~m~~d a nWia.
or (c) tn tM went ~ach ~nd avery ~he stipulations, sgreements, cond~tions +nd coven~nb of ssid promissory eot~ ~nd th+s morqp~ ~ny w~ithq ~n no1
iuh. promptl~r snd fvlly p~rforrr~d, d~xhar~ed, execut~d, effected. complsted. canplled with ~~d ~bided ~iy. tM~ in eithtr w~oy such ~vem tM wid ap~
gr~at~ ~wn mt~taned in Nid promissory nota fhen remsininp unpaid. with interest acvued, end all ma~eys setwea! ha~by. ~hall bscnew dw u~d p~y~
abl~ forthwitly a thereaftar, at tM option of s~id MORTGACsEE. as fully ud compl~teiy ~s N ~tl of the said wm~ of money.vwn aipin~lly stiput~ted :
to b~ pud on wd~ daY, anylM~y In ~sid p?omiswry nofe w in fhis Mortyage to tM contrary notwiths~u~d"ug: and thereupon a thereafhr at tht option of ;
+aid MORTt3AGEE, wirhout noric~ a demand, suit at taw or io equiry. tI1Q~lfOn p fF~QfNhN beyon, may b~ prwecut~d u if a!I moeeps s~cw~d hersby
had m~tw~d prior to iri Gqtitution. •
7. Th~t in th~ ~wnl tMf at tF~e Mgi~a+in9 of or at anr tims pendinp any wit upon this Mwf~sge, p fO fOf~C~ON If~ OI 10 fffOftll If. OI f0 M~Ofq
p+yme~t oF a~y dsims haeunder, said MORtGAGEE shall ~pply to tM Court Mviny jurisdrcrion therwf for th~ ~ppo~nhnMM of ~ R~csiva. wch CaM sh~ll ~
Fwthwith ~ppoint a rocsiw? of said mwtpayed property ~11 ~nd s+npvlar, Includu+g ~It and ~ioyvlar tbs incorn~, p~ofits, i~ws and rwenws fran whatw~ _
towe~ daiwd. each ~nd every of whKh, it beirq ~xpressly vnderstood. a hercby mor~9aged as if specitiully set fonh snd d~wib~d ln th~ ~?~ntinp and ~
habendum cbva~s hxeof, uid s~ch Recsh~er shall have all ~he boad ~nd effective fvnct~ons and powen in a~ryrwis~ emrusted by ~ Gou.t to ~ Recslwr. u~d
•ucl? appointnwot shall be msde by svch Co~xt ~s ae admined equiry and a m+tter of absolute ri~ht w said MOATGAGEE, ~nd withovt nf~rsoc~ w tM
~dequ~cy or in~dequacy o~ tM wlus of the property mortg~yed w to the sonrency or ~nwlvency of sa~d MORiGAGOR or the defendants, and tMf wch
renn, profits, income, isiues and revenws ~11 be appl~ed by such Receive~ accwdu~y to tM lien o? puiry of said /NORTGAGEE and 1he pr~diu of wd~
Court. _
8. To d~ly, promptty and fully paforfi, d~scharge, execute, effect, oompkte, comply with and ~bids by each ~od w~ry the atipulatam, ayreem~nq,
conditioru and covena~q in sa~d p?omissory note u+d tha mortgsge set fofth.
9. Thst in tM evero tM ownenhip ot the ~nortyped prem~ses, or sr?y psn ll~rreof, bccanes vrsted io a p~rwn other than th~ N10RTGAGOR, th~
MORTGAGEE, in succeswrs and assipns, rn~y, withow notice to the AhORTGAOft, dsal with ~uch sytuuar • a wccesso~ in interest with referenos b this
mo.tpay~ and the deM hercby setwed in the same marnxr as wi~h Mongapo~ without 1n any wsr vit~uinp,- pr disch+rpinp Nr Mwt9apw~' liabilitp he«
und~? a upon tM debt hh~by secwed. No sak of ~ premhes hereby mo~t~aped «+A no forbeir~nu on" Ih~ puf d th~ AAORTGAGEE a ib succ~s~o.s
w~ssig~ and no exrension o~ tM time fQr ,the-parment of the deb~ heroby secwed qiven hy tM MORTGAGEE or ita sucuuors a assiyro, ,haU opu~q •
ro rokaae, d~scFwrpe, modiiy cMnge or affect the agioal Iiabil~ty of the MORTGAGOR haein, either i~ whole a ln part. ~
10. It is specifically a~roed that .time is, of the essence of this conaact +~+d th~t oo .w~iwr of any pblig~Yan . hKeu~cler w of th~ oblipation ~r ~
cured Mreby i1+af1 at ~rry time thcveaft~r 6e filld to be ~ waiver of the terms~he~eoi oi of the instrirment tetured herby. , !
11. In edditton to the torego:ng monthly psyments of princ'paf and interest required by tlk promissory ~ote secursd hereby, mortpsgw town~nh
and ~grees ro pay to mwtgage~ with esch momhlY paYment an addieional wm ssrimated by rsottti~gee fo be eqwl to 1/12 of Ihe annual cost of the fdlow-
u~g' . - .
A-All real properey taxes kvied w asxssed aflainst the above desc?ibe~ re~l estste.
B-Premiums on fire and windstorm inwrance es hereio requ;red to be urried o~. the imp~ovemenfs tituate on the ~bove dest?ibed p~emises.
C-Premiums on such mortgage gwranty insur~rrce as rt?wrgsgee shal~ irom t~me to time d~em fit to urry on tM ban secured here6y.
Mwtgage~ shall fiom time to time notify ~wtgaga in vbritinp of• ths smour+t due and psyabte henw~der snd such wm ihall tFroreupo~ be dve and
psyable on the due date af the next montMy paymem.and esch svccessive rt+onth.thercsf~u until mo.t~e~ II notity ~norryagor oi a cMnpe in wd+
amou~t. Such sums shall be applied by mwtgaqee toward the payment of rea) property taxes, ins~rance :ums, snd mortgaye ~uaranty inwrar~
.
III p?emivms.
~ N WITNESS WHE Of, the said 14lORTGAGOR ha: hereunto xt his hand ~nd sesl the day nd y int afor ~
I
Sea Iiver in tFK p?esence of: .
oaas . r aes - ~
~ ~
a e.. r ses ~
n
STATE OF FLORIDA ~ +
St . Luc ie
courmr oF
6efae me personally app~ared Thomas P. Grines _.~:+:,N~•„•,..,,~ ~ .
Raylane C. Gr~~6s his wiie, w~~u ~~,~p.
th~ i~dividwb d~scribed in w~d who execut~d the faeQoinp irutrument, and acknowledped before ms tMt they ~cecutd~ " '~:ji~.pur{~~of~ ~
r~..~, .~.~s..d. a,a ~r+. Fg Yl ene C . Gr ise s ' • ~ .a.~'•. :
K~ ,a
w~re of rh. ,.d Thdaa s P. Gr i ne ~ :
exuninaYan by me taken sep~nte snd apart from her said husband, ~cknoMrledped a befwe rn~ that she execvted si ~
_ " • ~ _
rsrily u+d withovt ~ny compulian, constraint, apprehen g~?~ fe~r of or from ssid' sband. =
. • t. ~
. `r,
WITNESS my hsnd ~nd official seal thi e e l t ' K ~
: . -
.
. ~i ~t~ ~ 4 : ~ r
, tsry Pu i fw $tat~ of F1ofSN~~/`f~~ ~
My iuion e~xp~res: ,s~: ~
Retwn Tw - M1Qih?.Y P!
rJ"~~-SrRT~E Ur +iuRl1~~ (
'••f,j~,,S::;•": `:r':".iS •fitNf~lBfR I~ 1 ~
Fnt Fedcral Savirgs 3 Loan Association :~.'::'E3 ifJ'~16iJ~tEA~L' iit:.iiR.ltiCE iiMCER1fA11Ea?
Of Forf P~erce.
fort Pierce, Flwida
f~LtO ANO REOOROE~ , ~
~ i .IUCiE ~4UMTY F
~ • CI~flK CiRCUIt
COURL
This Instrument Prepared By John W. Collins RECORO YERiFfEO..~~-~
First Federol Savings b loan Association
of Fort Piercey Rlorida pV
117
Checked By ~
3444`Z9 '
. ~
~ sh
. . ~ Boo~~S~ P~~E 311 . ~ .
_ ~ ~ _
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