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Te plsce end continuov~iy ~cep on +he b~..i~ngs nuw~ o~ hrreatter ?~tueta on aa~d ~~nJ a~! on ali equip~nenl and personally tovered 6y 1hi~ mW1¢
p~, with al) prr~~iv~nt th~ieon d+n ful~, fue insuu*~ce ~n ~Ae u~wl s~enderd po!~cy form, in ~ sum •p~xuved by the MOR(GAGEE, •nd windslorm
lnswsot• in tM uswl s~enderd po:~cy lorm, ~n s sum app~oved by ~he MORTGAGEE, in fuch company or compan~a ~s tF+~ MORTGAGEE may
direclj •nd ell fira and w~nduorm ~nsuronce poi~urs oo any of se~d bu~ld~nys, ~ny imereu ~here~n or part tMr~of, in tM agyre.~at~ wm afo~~taid or
In excesf thereo(, ~h.+ll con~a~n ~he usual aN~:Jard mortqagae ciause o~ ~uch o~he~ claufe ~s Ihe Mwty~ge~ may reqw~~, m~?inp Ihe ba u~ds~ sa~d po1F _
cJes, each ~nd eve~y, pay.+L'e to s~~d h10RiGAGEE a~ ~?s ~n~crest rnay appe~r, u.d each ~nd •very •~ch poocy fhall be promp~ly •~a.9ned •nd d~~~vasd to
any held by se~d MOR?GAGfE as t~rihcr srcwi~y to ss~d n:orrgaya drot, •nd, no~ less ihan ten (10) dsya in ad+ance of tM eapiration o1 e~ch polity, fo d~-
liver fo sa+d h10RTGAGEE a'rer.ev.al thereof, ~oyeiher w~th e~ece~pl for the prom~vm of suth ~enewe~; and the~• •hall b~ no Ik~ or wind~twm insurane~
, plsced on aoy o1 sa~d b~iid,~~gs, any inlcresi tnerem or per~ ~nereo~, ~nirss ~n roe im~~~ ano wun ii.e was psyeu~r u•iw~a~u; ~~w iu ii~ ¦.c~.i .v.:.
of mon~y brcanes paysbie unJer such poLcy w pol.c~e~ said MORiGAGEE shall have ihe oyf:on ro rrce+ve end apply ~he same on accouM o! the indebted~
neu secured hrreby o+ io Drrmit sa~d MORTGAGORS !o rtce~ve and use il a sny part ~t~rreof for otner p~rposet, w~~hout ths•eb~ wa:w~~g or ~mpair-
in9 ~ny equ~ty, Gen or r~ght ~nder or by ~irwe o! ~h~s mo:tyage; snd in the event ?e~d MORTGAGORS shall ior any reation fail lo keep th~ said premisd so
insu~ed, or feil ro de~~ver pro~nptly any of ~aid polrcirs of insurante to sa+d MORTGAGEE, or Fait promptly to pay fu~ly any premi~m Ihc~e!or a in a~y
respect feit to perform, d~s<harye, eYecure, eHect, co~nylrtr, comply with and ab~de by ihis covenaN, or •ny part hercoF, ~a~d MORIGAGEE may pl~ce and
pay fw such insurence br any pa.t thereol wi~hout wa+ving or af(ecting any oNtion, ~ien, equ~ty, or right under a by virtw oF this Mut9aye, ~nd the
full amoun~ of ee:l~ and e.ary wch pay~r:ant shall be ~mmrd~ately d~e and payable •nd ahall Aear interesl fran ths date thereo} volil paid st tM tat~ 01
nine per.temu~~ pe~ a~~n~m and !o~rth:_r w~~h s~ti~ inteic-st snali be secv~ed by the lien of thif mortgage.
1. To parmit, commit w suffer no waste, impainnent w detrriorat~on of said prcyerty or any part the~eof.
5. To p~y all and singuiar ~he costs, charges and expenaes, inc:ud~ng a.easonsble ananry i fee and cos~s of ~b~trsctf of title, incurred or paid ~t
any time by sa~d MORiv:,~:E, brcause o~ in rhe er•ent of tF.e 1a~lure on the pari of ~hs said MORTGAGOR ro duly, promptly and fully p~~form, d~xharqq
e~ecute, e(fec~, comple~e, .o~~pty w~fh a~~d ab.de hy eech end every ehe s~~pu~a~~rns, agreements, corxl~tions, and tovenents oi said promiswry nots and ~hi~
mortgsge any or e~~her, and sa:d cwts, charges and eYpense:, each end every, shatl be immed~ately due snd payable; whethe? pr net ther• be notice dt
mand, attempt to co:iec~ or svit pend~ng; and thr full amount of each and e~e~v such paymem shall bear inierest from tM dala thereof until paid at Ihe
rate o~ n~ne per crr.w~:~ Hrr onuvn; anc aii saiJ cwts, charge~ snd e.'.er:se: incurred w pa~d, logelher wuh such interest, sMll be secured by tM IiM of tha
mort9age. , ~
6. That (a? in the event of any 6reach o( th~i Mortyage or defaul~ on the part oi the b~.ORTGAGOR, or (b) in tM event ~ny oi ssid sum~ of mon~y
herein rcferred ~o be noi pron,ptly ar,d Iv~ly pa+d v:nh~n ~h~rty 't30J da~s next aft•_r the sanie severa?ly become due and payabla, without demand or notite,
or (u in the even~ each and every ~he stlpu:at~ons, agreements, cond~rions and coven~ots of sa•d promissorY note and tb~s mortpape ~ny p tither sre r?o1 1
~uly, p~omptly end fuliy p~rfonnad, d~acharged, executed, ef(ected, compieted, campUed w~~h and ab~ded 5y. ~hen in eitFxr w any s~?ch weM ~M sa~d a¢
gregate aum menhoaed in sa~d ~,romissory note then remaining u~~pa.d, with intrrr>t aur~ed, and ail moneys slCUred hereby, ihAl~ beCOtM duO ar~ p~y-
eble fo:thwith, or thereafter, at the op!:on of sa~d h~ORTGAGEE, as ful!y and complete!y as iF ali of the sa~d wms o( money wert originally itipul~ted
to be pa~d o~ such uc~, an~tl.~ng ~n za o pr:,:n,sscry ~cte or in th~s blwigagr to the conlrary notw~thstand~ng; ant) ihereupqf Or 1hltNfter at tht option of
sa:d MORTGAGEE, w~+hout no+~cr or de~~~and, su~t at law or in equ~ty, rherrfwe or thereaher begun, may bt prosecuted as if ~II moneys secur~d Mrtby
r.sd mat~rtd pnor ro ns ~nat~tut~on.
7. That in the event ~har at the beyinnfng of or at any t~me ptnding any suit upon th~s Mortgaga, w ro foreclose it, or to ?eform it, w 1o enfwu
payrrKm of any da~ms herrv~xler, said :dURiGAG~E st;a;I ,pply fo sh~ Co~n ha:~ng ~unsd.ct:on thereof for the ~ppo~ntmeM of a Receive~, fuch Co~rt shall
furthwith appo.nt a rrtri.er ot ssid mc~fgeg d prop~rty eli and s~ry~iar, i~Uad~ng all a~d amg~ier the inCOrne, proLts, iasues ~nd revenues 1rOm whel~ver
se~rce denved, each e. d every of wh.ch, i~ k~~••.c~ rxpressty unders~ucd. ~a her.by morigag~d as ~i speuficelly ut fwth ~nd deseribed in the 9rantin9 u+d
haber.dum ctauaes hereot, and wch Receiver sFwli have all the br~ad a•~d effective fvncr,c~s and powert in anyw~se enlrusted by • Co~rt to a Receiver, and
s::ch appainrmerf sh~;: bc made by svch Co~re u~n ad nrtred eqv~~y and a matter of abs~iute right ro said MORTGAGEE, and without referenee to the
adequaq a inadeqvacy of ~he va!ue of tNe prope:~y mengaged or to the sc,vrncy or ~mo~vency o( fai~! MORTGAGOR p the defendants, and tha~ such
rems, prot~ts, income, ~ssves and reven~,es ahatl be appl~ed by such Receiver accord<<~g to the iien or equity of wid MORTGAGEE and the ptattice of suth
CouA.
8. To d,,'~. pra-~Fr!y ar.d I,,;~y perf~~~~~, d~s,~~aeyr, c.~-.~~r, ttit~;. ~~~~~,:ct~, wu~y,~~ w~tL a~Kl ai,iJt Ly e.~i~ e~w n.rry ii~ s~i~i~tiwb, ~y~ec+nenis,
conditio~a a~d covenams ~n said pro•rnisOry nete and th~s mcrtgage ser forth. ~
9. That in tAe e~ent the ownersnip oi the mo~tgaged prrmfses, or a~y parf thereof, Eecomes vested in ~ perWn othet fhan the MORTGAGOR, the
M,ORTGAGEE, irs w.cESSO~s and ass~qn:, may, wi;ho~t not~ce to ihe :!Oki~AOR. deai w~~h such succcssa or successw in interest wifh reference fo this
mo~tgage and rhe d~bi hcreb~ secured in rhe same rnanne~ as w:rh Mo•tgago~ w~rhout in a~y way vit~ating a d~xharging the Mwtqsgors' li~bility hera
~nder or upon the drbt h~•~au~ sew+ed. No sa:e of the EremisPS hereb~ m.ortgaged ar.d r.o fo*bee~ance on IF+e part oF the MORTGAGEE a iri svccessora
a»~y~.~ e~~.; _ ~i~r pa{me~t of the debr h~reby secured g+vrn by the MORTGAGEE o: its wccessws or aui~ns, siull operat~
ro reiease, d~scharge, n::.J~fy cher.ye or afiecr the or~g~nai I~ab.t~ty oE rhe N.ORTGAGOR here~n, either in whole or in part.
10. It is spedfi:aiiy agreed ~ha~ t~~ne is of the ea:er.ce af th~s com.act and that no waiver of any obliga~ioa hereunder or of th~ obliy~tion ar
cured heteby ihali at any time thcrraf~er be held fo oe a wai.rer of the terms h~reo! p of the instrument setured herby.
11. In a;id tion +o tti.~ icregc nq ~r.~nTh!y paym~nts of pri-.c pa! and int~resf requireC by the prom'sswy no~e secured hereb/, mortgagor tovenants
and agrees to per so ~no•tyagee v..'h ea:,h mon!hy payr,tnt art add~~ior.al sum est~mated by mortgagee to be equal ro 1%12 of the annual cost of fhe follow-
,ng:
A-A? real property ta,.rs e:~c:: o. aiv~ssrd aye~•-~sf th~ aF:ove descr~bed reat es'a!e.
B-Grerr.~~n,s on f.•c and w.s~cis~o•m insur~cce as here~n rcqv.~c~ to be carned or. ~he ~mproveme~ts s:tuate on the above descrilxd premises.
C-Pre~n~un s on ;~.,ch rco-r~age gvaransy ~r.w~ar.ce as mctgagee shall from t:me to time deem f~t to urry on the 4oan secured hereby.
' Mo.tgdgee sn,.: 'ro•n n~~,~ ro •~e nc,~'; mcrty~gcr m hru.ng ot the arr,ou~t due and payabte hereunder and •uch surn shali thereupon be due and
~ ~ iyeble o~ the due da+e oF ~he mo~sh: ~•ent a~~d e~.h success~ve month thereafrer ur.ril mat s ee sha11 noti mort or of a cha
y fev g g f}r gag nge in such
a-,ount. Svch surns s~.•.~ t,e e~,f. ,ed by morsyayee ro+.ard ti,e {:ermenf of real prcpe~ty taaes, insurante prem,ums, a~x) mortgage gua~anty imurance
crem~ums.
` IN ~'lITNESS 'hHERtOF, thP sa~d I'dOkTGAGOR has hereunto set his har.d and scal ti~e day and~year firtt aforesa+d.
{ Signed, Sealed and de!ivered in the presente of: ~'1 ~
~p - - - - ~n
S - - -5-~-~~~ - r tse+o
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f A
~
` SiA E OF EL(~RIDA ~
i St. Lucie •
! ~OUNTY Of
R Darry Michael Dickey
# Befwe me perw~aliy appeared
' to me well known ~nd i~own to rew fo bs
~ rhe i~~vi~ual ~escrit~ed in and who executed the foregoing imtr~ment, and acknowledfled befwe nqf that ~e ~xecuted ihe wme fw tM pwposes
' rhere~n expressed. ~41~i~YXXXXXXXXXXX30CXXXXXXX}OIXXXXXXX7IXXXXXXXXX7IXXXXXXXXXX?OCXX70CXXXXX
:
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V upon a separa • s rrvs
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~ ~l~C?~i X}~Cr1GtKaXKa~l~Xa~fi~GK~?,~26~~6~~~~~6?~i~ -
~ ~i~~~~
= WITNESS my hand and off]c:al seal this____._ day or_ Septem er ~ p- 19 76
:r
_ .t~Stit~
Notary Public in snd i the Sut of Florida ~t larp~
My Comm~ssio~ expires:
~ Return io: ; ~*'.*E o( FlORiDA at LARGE
Fint Federal Sevings 3 toan Assoc~at:or. ' ~~Y ~ - ~ • ' '
of «<< P ' . _ . < i ~ ;aES JAN. 1, 1911
i =:iti:~,Si bY n;,.ci..o~~ 1+d:~E(S ~ ~
Fart Pltrri~. F~c~~da
~
't ' ~ ,
9 T. . v.4~~~:'sl
- 34f 3~75 ~.y
~ This Instrurnent Prepared By Gary F. El lwood ~•.e V! ~
~ First Federal Savings & Loan Association FIL£D ANp itfCORDED - ~ ~
~ of Fort Pierce , Florida $T. LUCIE C4JNTY flA. : ~ ` . ~
~ ~c7GER P~It~~S ~ ~
~ C~ERI( C~~'~U1T COURT j. ~ ~ -
s Checked By - REr,eR4vEP?~tEO `~;J~> ~ ~
< ~ ~ , - • :;'~.y''; ~ ;
= 6caK 258 PAGE 266 SEP 29 12 4s PM ~6 - :