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J. To plau •nd continuously kcep on tM bui'd~nys now w FNr~~it~r ?itwt~ pn said I~nd and on ~U ~y~~a.~.~r •~d P...a,•u~ co~..d by ~~a• mor~~.
q~, with ~II p~smiuma thr~eo~ pa~d m(u~t, fire iniw~nc~ in ~M u~wl st~nd~rd policy fwm, in • tum ~pp~ov~d by tM MORTGAGEE, ~nd wind~tam ;
inw~~+x~ in tM viwt ~undard pol~cy fwm. in • fum approv~d by ~h~ MOR1~sAGEE, in ~uch compa+~y w twopu+i~s u ~i» IrWRiiiiwvi~ may ~
dind; and all 1ir~ •nd w+ndswrm iniwance policies on ~ny o( s~id buildinyt, any inltqsl IhNtin w p~rl tMr~of, in tM ~py~sp+~~ wm afor~said a =
in ucea theraoi, aMll conraui ~h~ uwd ~tand~~d mortgayN daus~ or iuch other tl~~w a IM MortpapN m~y rp~~r~. makinp th~ lou und~r ~+1d po1F ~
c~+~, ~ach and irHy, pa~atti ro iaid titJRiGAGfE as in ir.screst mey appear, and esch and every ~uch policy ~hell be prompHr ~a9Md u~d d~livn~d ~o ~
~ny held by said MORIGAGEE a~ (ur~her ~e<~rity to said mwtQsfl~ dtbt, and, not lef~ tMn t~n (10) da~s in adv~nc~ ol ths ~xpi~~tion of ~~th policy, lO d?
liw~ /o taid MORTGAGEE a~~new~l It~creof, to9e~M~ wi+h • rec~ipt fw the p~smium o) ~uth r~r»wal; and tht~• ahall b~ no fir~ a windalorm inWr~nt~
plaad on ~ny of s~id build~ngs. ~ny in~ereit IMrein a pa~t thereoi, unless in ~M (orm a+d with 1M loss pay~bl~ as ~for~said~ u~d in tM ~v~nt ~ny w+n . ~
of mon~y becomes payable u~der wch policy a polKrot uid MORTGAGEE ~hall Mw th~ opt~on to ~aceive end apply tM sam~ on atcount of th~ lr~bted~ •
ntfs setured he~aby o~ to pe~mit uid MORTGAGORS to reuiv~ and use it or any parl lhereof fw other pu~poaes, wi~hout thrreb/ waivinp o~ ~mp+ir• ~
iny any puity, lien o~ ~ight under w by virtw of ~his mortpa9e; and i~ 1M evenl u~d MORTGAGORS shal) for any r~aton (ail to ks~p tht s~id pr~mites so
insurad, w fai) ro dtlivK promptly ~ny ol ssid poliue+ of insurance to said MORTGAGEE, w faii promptly to pay (~lly any prsmium ther~for or in ~ny
rsspact f~il b per(orm, d~scharge, execute, elfect, complets, complY wi?h ~ru! ~bide by thi~ covenant, w any part lurwf, said MORTGAGEE may pIK~ •nd
pay fw such imurante o~ +ny part the~eof wrthout waivin~ a affectin~ ~~y option, lien, puity, w ripM trnde~ w by virtw o( thh Mortp+p~, ~nd tM
full ~mounr of each ~nd eve~y sucA payment shall be inunedi~tety dw and payabls and ~MII beu inter~st from ths dd~ thereof until paid at tM rat~ ol
nin~ p~r tenlum pe? annum and togathe~ with fvch inte~es~ shall be secured by the Ii~n of tbn mort9apt.
1. To permil, tomrnit o~ suffe? no waete, impairment a deterioration of said prope~ty or any part tMreof.
S. To p~y all end tinyv~u ~he cwtt, charges ~nd expenxs, includinp s rea~on~bl~ ananey i fsa a~ tosts of ~bth~cts of fitl~, inc~rr~d or paid al
eny time by ta~d MORTGAGEE, becau~s w in the ere~t of ~he fs:Iu~s on tM part of th~ said MORTGAGOR to duly, promptlr and fully p~rfwm, diichar~
execute, effect, comple~e, comply w~th and ab:de by each and every fhe iripul~~iona, agreemenrs, conditans, +nd cownaMS of said promitwry note and thi~
mort9age any o~~ither, •nd said costs, cMrges ~nd sxpenus, exh and every, sMll be immed~atefy dw and payable; whetMr w not tMr~ b~ notic~ d~
~ mand, •ttempt ro collect or suit pend~ngt +nd the full ~mount oi esch and erery such payment sMli b~~~ in~erest fran tAt dat~ thtreof ur?NI paid at tM
ra~e of n;ne pe~ crn~um per a~nu:n; and alI said cosei, chargcs and expenses incurred a paid, together w~th such interp~, ahall b~ s~wred by th~ liw~ of this
mortpa9a
• 6. Thst in the event of eny b~each of th7~ Mortpa9e or defaul~ on ths part of ~he MORTGAGOR, a(b) in tM evenf ~nr of ~aid sum~ of mon~y
herein rsfe~red lo bs not promptly and iully paid within thirfy (90) d~ys ~ex1 afrer the tame sererally become due ~nd peyable, withoV/ d~mand Or Rotice.
o? (c) in th~ event ~ach and every ~he stipuiar~au. agreements, cond~tions ana covenants o1 sa~d promiuory ra~• and ttas mortppe u?y or ~ither ~re ~wi
iuiy, prOmptiy anti iuiiy petiwmeo, uaCnargeo. eaecu~ea, eiiecieo, compieteo, cvmpiiea wiin a~w ~uweu ~y. iiwn N. e~iiwi i~ iny s~in i~ini iiw sGiu' y~
grec~ate sum mentioned in said p~omissory note thert remaining unpaid, w~th inte~est ~ccr~cd, and a1l moneys tecured hereby, sh~ll become dw and pay-
eble (orthwith, or tFureafter, at the option of sa~d MORTGAGEE, as ~ully and completety a~ i( afl o( 1Fx wid sums of mon~y w~r~ a~irNlly tlipulated
to be pwid on such day, aaything i~ sa+d prom~asory note or in this Mwtgage to tM tontrary notwithttandinp; and the~eupo~ p thereafler ~1 tM option of
seld MORTGAGEE, w~~hout not~ce w demand, suit at I~w w in equ~ty, ~i?erefore w thereaher begun, m~y be prosec~ted as if all ma~ey~ sacur~d h~reby
had matured pnw ro ns institution.
7. That in the event that ~t the beginning of a~t a~y t~me pending any suit upon th~s Mortgsge, o~ to foreclost it, w fo ~efwm it, q to tnfo~q
payment of any claims he~eunder, said MORTGAGEE shep apply to the Court heving juntd~dion thereof for the appo~ntment of ~ Rete~ver, wch Cow1 aMll
Futhwi~h appoint a rcceiver of :aid mortgaged property all and sinyular, includ~ng all ~nd tinyulu tM income, profits, issu~s and rev~nues from wha~~v~r
source derived, each ar+d evcry of wh;ch, it De~ng expreasly undcrs~ood, is hereby mortgaged as if sper}ically set fa~h snd destribed in tM Q~antinp u+d
habend~m clausef hereof, snd such Receiver shall Mve all the boad and ef(ective funUans a+~d powe~t in ~nywist entrustrd by a Cwrt to a Receiver, ~nd ~
tvch appointment shall be made by such Cowt as sn admitted equ~ty and s matter of absolute riyhi to iaid MORIGAGEE, u~d without rtfererK~ Io th~
adcquacy a inadeqvecy of the vatue of ~he prope~~y mor~g~ged or to the satvency or insolve~cy of iaid MORTGAGOR ot the defen~ants, and that suzh
re~rs, p~ofits, incane, issues a~d revenues shall be applied by such Rece~ver KCOfdI(1~ 10 tI1! IIM Of equ~ty of said MORTGAGEE and the pratliu o( such
COUA.
8. To dvly, promptly and f~:!y perform, discharge, exccute, effect, mmple~e, comply with and abide by esch and every 1M stipulations, ~greemenri,
cond~tans and covenents m u+d prcmissory note and this mortgage sN forih.
~ 9. That in the event ~he ownerahip of the mortgaged premius, or any pan thereof, becomes vested in a pe?son other than the MORTGAGOR, fh~
h10RTGAGEE, its s~cceuors and asai9ns, may, wi~hovt notice to ~he MGRTGAOR, de~l with such successor or succesaa in inlerest with referente to this
mo~~gage and the dcb~ he~eby secu.ed iA th~ sam~ manner as w~~h Mortgagw w~thout in any way vit~atiny a d~xharQing tM Mor~gsgon' liability hert
u~dcr a upon ~he deb~ he~eby setured. No ssle of tM pre-n+~s hereby mor~gaped erul ~o forbeararKS on tha puf of th~ MORiGAGEE a its successors
or assigns and no extension of the time fw the payment of fh! debt hereby setured qiven by the MORTGAGEE or its sutusson or auiyns, shall operaf~
~o re!ease, d~scharfle, rt+odify cha+~ge o? affect the orginal liability Of tM 1NORTGAGOR hereia, titF?er ief whob ot In put.
10. It is spec~fically agresd that ame i~ oi ths essenfe oF this contrad and tMt no waivK of any oblig~tion herew~der w of tM oblipafion sr
cvred hereby ahal! at any tim~ thoreafter•be hetd to be a waiver of the tums hereof q of the inNrumeru aKUred herby.
11. In edd~rio~ to Ihe iwego:ng monrh!y paymeny of princ paf and interest requued by tha prom~ssory note secured hereby, mortgagor ewenants
and agrees to pay ro mongagee wnl~ each monthly payme~t an add~rional sum est~mated by mortgsyee to be eqwl to 1 j 12 of the annud cost of the folbw-
' .
' A-All real property taxes le•.ied or aaseued aga~•.st the above desaibed real estate_
i B-Premums on fire and w~ndsfam insvrance as here~n requ.red to be carried on the ~mproveme~ts situate oo the above desuibed premises.
~ C-Prem~umi on wch mortgag• g~araney insuro.:ce as mo«g~gee shaN frvm ume ro time deem fit to carty on da ban securcd her~by.
~ Mortgagea shail from rime ro time od~fy mortgagor ~n writinp of the ar.:ount due and paya6k hereundar ~nd such wm sha11 thereupon be dw ~nd
~ Fayabte on ~ne d~e dare of the ne,t monrh:y payment and each successive mo~th thereafter ur.til mortgagee shall notify mwtgsga of a chanpe in such
amw,nt. Such s~ms sF.a!I be applied by mortgagee ~ov~ard the payment of real property taxes, insurance p~em:ums, and morfg~ye usranty inwr~nce
premiums.
I IN YIITNESS 11/FIEREOf, the sa~d MORTGAGOR has hereunto set his hand and sPal the day and year 'rsT ~foresaid.
E Siyned. Sealed and delivered in the presence of:
~ ah
. O
y
~ - - -t n
~ _ _ Pat zic a a r e Ro ~
~
~ STATE Of FLORIOA
~ courm oF ~ St. Lucie ~
~ Before me penonalty appeared Ji~sv A. ~Y ~
~ Patrieia Marie ROy his w;fe, to me well krawn ~nd known fo ms to b~
rhe individuals dew~bed in and who e:ecuted rhe foreganp instrument, and acknowledped befwe me 1Mt they e~cecuted the sam~ fw th~ purpw~s
~ rherein expressed. And the said Patrieia Marie Roy
- w~(e of tM sa~d Jia¦y A. ROY ~ ~ w~
, ~ P~
ezam~natio~ by me take~ scparate and apart from i~er said husband, ~tkravrledqed to and b~fwe mt that she exetuted s~id i~atrument freely u~d volu~
tar~ly and without any computsion, corstraint, appseFunspion, o~ fear of or from her ssid Fwsband.
t WITNESS my hand and official seat thia_ ~ day of A. D. 19~~.
SF
3
~ Not~ry Publ+c i~ w tht Sut~ of F{orida ~t larp~
My Comm~ssion acpir~s:
Return To: Sta1~ Of.~~ ~ ~O~
~ First Federal Savings b Loan Aasociation ~~io~ EnpT~s J~lp 7l, TlTI
E Of Fo~t P:e~ce. ~~d ~~n~rieon Fir* d C,wuo~ty Co.
Fwt Pierce, Florida
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` This Instrument Prepared By J. Hal Robezts~ Jz. :~•s"' ~
g First Federal Savings b Loan Association ti'~:~ ~'a`~ ".t'~
; of Fort Pierce ~ F1oTida ~t,t y ~~i~~~R~Q. _ ~ ' ~a - .
.
~ Y~~F ~Ul1 _ ~ " ~ ~
Checked B - ~Q a ~O~T ; ~ U t"'
~ Y ~~A~ ~~-:CUtt p0U14 • U _ ~ j~r~
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i Pf.PC ~ Y(R:?~~p ~ Q e,.•
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A OCT " ~
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