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To plaot and continuo~~ly teep on ~M build~nps now a Mr~ait~r ~Itwt~ on a1d I~nd and on ~11 sqvipm~nt ~nd p~rson~lly wwr~d by this nwrq~ i
p~. wfth ~11 pnmtvm~ ~hN~on pa~d in full. fir~ huvranc~ tn tiw u~wl n~od~rd policy (am, in •~wn Wprowd b1l tM MORiGAGEE. u+d wied~torm ~
In~wano~ In th~ utwl uu?da.d pot~ey farey M•~um ~pprov~d by ~M MORTf3AGEE, in wch companY a compani~s tM MORTCsA~3EE m+y {
~fKii ind ~1) ~ M1d wif~iWm InNN~M~ pO~itih Wf ~ny O~ Mid bVildinp{, Mfy ie11NM1 iMlfN1 0~ pN1 tM/~01. M tM pp~paq ~wn ~fauNd a i
h~~ tlwr~ol, ~Fwil coi~(.In dw uwal ~t.ndad mw~yapM daw~ w wch aM. c1a~s~ a N» AAapap~+ may tp~ir~. ma?inp tM Iws u~~ u~d polE E_
cip. ~ad~ ~nd ~v~ry. MY+b~e fo aid INORTGAGEE ~f th intt~s~t may ~ppN?. ud e~ch and ~wry ~ird~ polky ~hall M pranM~Y +up'?~d and d~liwr~d to ~
~nr MW by uid NWRTGAGEE a~ fw~M~ ~ecvri~y ro s.~d nar~9•y. d.W. and nw Itis tl»o ~~n 1101 daYt in ~dvaon oi th.~ ~xpi~atia+ of ~ach policy. 1o dr ~
livw q aid MORTGAGEE a r~wN tMreof. top~~ha wkh • r~p1 for th~ pr~raiwo oi wcA ~~wdi ~nd tM~~ ~haU"H~ no t'as or windi~am i~?sw~nc~ t
pl~ad m~r of ~id buildtnpa ary Mtaa~ dw~Hn w Wrt tMr~of. w+l~u in ih~ fam ~nd wi~h tM loss pay~bb a afw~a~ +nd in th~ ~v~l a~r swe
of mw~y b~coma p~yabb w+d~. wd~ poliey a polK~s s+id MORTGAGEE ~haU Mw ~M op~ion ro naiw u+d apply tl» wn~ on ~aa+e~ of tM ind~bt~
e~s ~ew~d I~~by a to pe~eni~ s+id MORTGAGORS ~o reeeiw ~nd ~ it o~ ~ny pert thereof ia o~i+e~ purpos~s, wi~ho~1 ~haeb~ waivinp a M+p+i.-
inp anr pu~ty. q~n a riyhl w~da a by vi~tw oi tAb mwtpa~j ~nd in tM ~we~ ~aW 1NORTQAGORS sh+N fa ae~r rM~oii fail ro kNp tl» ~aid pen~hM ~o ~
O+wnd. w t.~~ ro d.uw. a«~+wb «w o~ sa~d pol~ci~s of inwr.na ro ~aid MORiGAGEE. ot fail Mo++~P~~Y a P+Y~~~Y MY W~^+ium ther~for w h ~nY
n~ f~p b p~.fam, dischar~e. ~xecvt~, ~ffM. c«nPNt~, comPly wNh a+d abid~ by this aownant. or ~ny part Iwnof, s+id MORTGAGEE n+ay pl~ce and
WY ta auch b~wr~ a~ny put thtrwf withou~ w~ivMp. w ~ff~ctinp ~nY eWia4 ~Nn. ~q~vi*Y. a~pht unde~ ot by vt~tw of thb Maroap~. ~nd th~
fvll amo~m oi ~acA u+d twry wch p~ynw~w ~h.il b~ tnwnedia»ly dw ead pY+~ +~d ~+II bw infup~ from tf» dat~ tlwnol until paid at tM raa ol
nin~ pM c+ntvm pK anrwm and topNhe. wirb such iM~rat shali b~ ~ecw~d by tM li~n of this awrepp~.
i'
To pami~. aomndl or tvHa no wat~. impaitm~nl or det~?ior~tion of said propK~y a sny p~t therwf.
S. To p~y dl ~nd strqular th~ cosh, cha?p~s u~d e~cpa+sN„ inclvdinp • r~aaonabb anorn~y's fa~ ud cosh of aMn+cM of titt~, kKwnd w paid d
~ny tims by said NIORTGAGEE. b~cws~ w in th~ ~v~t of tM failw~ on the pan of tM said MORTGAGOR w duy. pranPtly and fvilY pNionn, di~cha~yR
~xecuh. effea. ooenpla~. oomplr w~eh and .btd. by each and svery rh. •tipulatans. +pr..menn. c~~ia+a. .nd oowoann of satd panis•o.y noh and ~
mwq+p~ ~nY or ~itMr. and ~+id coa~. chu~s ~nd ~~cpenka, each ~~+J ~wry, sh+ll b~ imen~diately dw and payabltt wh~tF»r a na tMr~ b~ notic~ d~
mand, an~rnpl b co11M or wif p~ndi~g: and tM full amooot of exh ~nd ew~y wch parm~n~ ~lwll Mar intKeit from tM dah tfweof ueNi p~id N tM
rate of nine p~r centum per aruwm; ~nd ~II said cwls. chup~s and expenNS incurnd o? paid, lopethK with s~Kh ie1~t, ahall bt wcw~d br th~ lia~ of thi~
'^ap+p~• -
6. Thst W in th~ ~wnt of any br~ach of this Mortya~ w defwl~ on th~ pan ot the MORTGAGOR, a(b) in tM rwM ~e~y of said wna of mon~y
h~nin nfar~d ro b~ na pranprty and fvly paid wi~hin ~Fwrty (30) days n~xe af~er tFw s~me seva~ly become dw ~nd p~yaW~, without d~m+ed a notic~.
w W In tM ew~t each ~nd wery IM itipvlstions, ~gr~emsnri, condirions and covenants ot s~~d promiuo~y note snd th~a morlp+y~ air/ or ~ithar m nol
ivly, prompNy and futly pe~twmed. d~schar9ed, execut~d, ~ffected, compkred, complisd with and abided 'iy. th~n in ~itha w aey such ~wnt tM s~id ag
prpaN wm m~ntion~d in aid promissory rate thM romaininp unpaid, wilh int~rest acuued, and atl montys setwed hereby. sh~ll b~oon+e dw and p~y~
~ble fwthwith, p fhNNNN, ~1 the option of said MORTGAGEE, u(ully and compl~~ety ~s if all ot the said wms of maNr wen aqiMlly {fip~litld
w b~ paid ae uxh d~y. ~aythinp in s++d prom~ssory note w in this Mwtpaye to th~ contr~ry notwithsundirgj u+d th~reupon or t}+~r~aher a1 tMr op~ion af
_ wid MORTGIIGEE, without notic~ w dam~nd, suit at I~w a in puity. tANl~O~f Of tlltfNltN begvn, m~y 6~ prosecuted a if dl mw?tys s~cur~d Fw~by
h+d matvred prwr fo ib irutitWion.
7. That in tl+~ ~vero tl+at at tF~ b~gu+ninp of ot ~t ~ny tinw pK~eg ae~y wit ~pon this Mo~t~ay~, .or to faeclo~ M, w 1o r~fwm (f, a to eniwa~ ,
paym~nt of aiyr daims hereundar, iaid MORTGAGEE sMll apply to the Coun havi~p ~ur~uGa~on ~hereol ia tM ~ppo~mment of a R~iwr, wd~ Caxt shal~
fortlwvitl~ sppoint • receivtr of uid mortp~pad propeny all a~d sirg~lu, includ~rg all and sinpulu tha incarw, p~of~ts, :asues and rwenues fran wh~ttv~r
sawa d~riv~d. ~ach +nd ~very of whlct+, N bei~ ~xpresNy unda~rood. b he.eby matyaged +s if ~p~cifiutly sN forth and desuibad in tlr pr~ntinp and
habendum clavs~s he?wf, and suth RapivK shall Mve all tbe boad and effattire funct~wu uKl powers in aoyvvitt eetrwted by a Covrt ro ~ Receiwr. ~nd
wd+ ~ppointment sMll be m~de by wch Cowt a~n ~dmitted epvity and a maner' of absdute rqht to said MORTGAGEE. and withou~ nfe.~u a N»
+~V~?KY p~+~4~+~Y of ths value of ~he PrePa~tr ^+o?~O+~ed or M the sonrsncy or i~aolvenq? of said MORTGAGOR or tM defendantl~ w+d that wch
r~nts, profin, intans, istues s~d f~VMYff sh~ll be ~pplied by such Rsceiva accord~np to the lien or pvity of aid MORTGAGEE and th~ practict d wth
Cowt.
S. To duly. promptty and fvlly perform, d',sch~.ye, execute. ~ffect, compkte, canplY wi~h and ~bids by ~ and ewry the stipolstarn„ pr~»,
cond'niom and ooven~ms in+wid promasory eate and this mortysge se1 forth_
9. Th~t M~ th~ wern ~ ownenhip of N+e mo?t9+~ed P?emi~es, or anp paM thenof, bec~oexs vMd in s pNwn wMr thae the MORTGAGOR. th~
MORTGAGEE, i1s ~,ccessas and aspns, may, witlw~rf notice to th~ MORiGAOR, dsal with such wccsa~w or succsssor i~ inta~at with nf~renc~ to thls
mat~sp~ and the debt hereby secured in ihe same marx~a as with Mortgaga without in My war ritiatvg w dixhar~inp Nw Mwt~~pors' Uabilitp iN~
unde~ or upon the debt her~by secvrad No ssle of the premises hereby mo.tya9ed and no forbeusnce on th~ part of ~hs MORTGAGEE Or tn waesqrs
w~stipnt and no ~at~nsion of ~he rims fa tFro payment of the debt hersby secured ~iven by rhe MORTGAGEE w its suco~s~ws or astipns, ahall opud~
to n~ea~, d'acharp~, modify chu+ye or sffen tFN wiginal Iiab~Gry of ~h~ MORTGAGOR h~rein,_ather in wlal~ w h put.
10. It is spedfkally ap.eed rha+ t~me a of the essence of this conrrx+ ~r+d rhat no w~iver of ~ny obl'p•tion hereunder or of tM obliyatio~ sr
curad Mnby sFull at aoy tirtw therciftK b~ heW b be • waiver of the tsrms hereof a of tAe i~utrurnent ~ecured hKby.
I1. In additron to tM faego:ng monthtp psymeMS of princ'pa1 ~nd imerest required by tfie p~omissory rrote secvred hereby, mortyapot mv~nanls
snd s~ees ro pay ro mort~~yee wirh eacb rr+onthfY paYment ~n ~dd~rional wm est~ma~ed by mortyspa~ to be eqwl to 1/12 of tFw amual cost of tlw fdlaw-
ing:
A-All real property tsxet kvied w assessed ayainat the above dtwibed real estate.
6-Premivms on fire and windsrorm insvrar.ce as herein requ~red to be prried on the improvemenb sitvafe on ths above desaibed premisss,
C-Praniums on such mort9age 9wnrrty inw.ance ~s mongagea shat) from t~me ro time deern fN to nrry on the !wn ~ecured hereby.
Mort9~gee thslt from time to time notify mortgagor in writin~ of ths amount due and payabb henw~der and wd? wm shall tF~eupon be due ud •
payabls on the due date of ~he next monthly payment and exh successive rtwnth theresfte~ until mortysyee sh~ll notify mortya~or of a clwnpt in wd~
amount. Such aums shafl be ~pplied by mortgagee toward the p~yment of real prop~~ty ta:es, iru~rance p~em:ums, snd morfpapt yuaranty inwru~tt
wemiums.
IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand ~nd seal the day ~+d yeu flnf
Sipned, S~al~d and deliwred in the presance of: Q •
.~uc,.P
; Ste en R. McCsin~ a sinqle~adult
rs..q
re..n
I
STATE OF FLORIDA
~~~t~ai~qN~' ,
f ? l
COUMY OF St . Luc ie t~.~`~.,~: 1!t i~"~
~
J~ .
t: • ~ ;.V~
~
~efore m~ perwn~lly a~ared S!@van R~ Irir(_~ in g =~,r:'~''~~"-
~~r~c to m~ vwll ' ~ •
rM k~d'ividwb d~scrib~ai in and who ueecuted ths fae9oirg irotrvm~nt, and ~cknowted~d b~foro m~ tlwt ~ ` .
theroin ~xpresf~d. ' ~ t~ sF~'~
+~O~~HI~C • c
, y 3
WITNE55 my M~d and official seal thi ~y @S~
p~lt~e~nber ;~i',, ..OJ'.~'~
i~~. `
~ `JlkLil~J_~ , '~~.',~.t::i:^~-~.. ~
' Nota Public in Md fa h~ Slab of Nwida at Lay~
My .xa.a: p-~~-~~
Reruro to:
first faderal Savings 3 loan Aswciat;on
Of Fo?t Pierce.
~ F~., P;~.«. Florida 344810
~~~UCiCC~NTI? fL~,
, ROCE~ ?O~TRAS
This Instrurrtent Prepared By John W. Collins pfCOR~YER FiEQ~ ~
First Federal Savings ~ loan Association
of Fort Pierce, Rlorida 8 iZ
Checked By 4 ~ -
~ ° ~ 257 P~~ 8~
600K
. ` lh
_ - -