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3. To pl~c~ and continuously k~ep on the buildings now w hereaftK utwts on ~aid I~nd ~nd o~ ~II equipment and p~raonally cov~red by Ihi~ morl¢ . ~
p~, wilh dl prtmiums fhareon pa~d i~ full, lire insu~ance in ~ht usual sundard polKy fwm, i~ a•um ~pproved by tM MORiGAGEE, ind wi~dstorm
i~iwanc~ in th~ uiwl ~tu~dard pol~cy tam. in a sum ~pprov~d by ~he MORTGAGEE, in ~uch compu?y or canQ~ole~ is tM MORiGAGEE may
dinctt ~nd ~II lir~ and w~nds~orm inturanc~ polic~es on ~~y of iaW b~rlld~nps, any Int~rsst ~haein o~ part therwf, in th~ ~~g.eya~e wm ~faeaaid a
In ~xcas ~he~eof. shall contain ~M u~v~l it~ndad mor~9a~es c1auH a svch o~her clww ~s tM Ma~y~ga~ may rpu~n. en~?inp tFa loss under ~+~d po~F ~
ciN, ~ach ~nd eve~y, p+yabl~ to iaid MORTGAGEE +s its intere~~ may ~ppear, ~nd euh a~d eve~tr such policy fhall b~ pranptly ~as.9n~d and d~livered to
~ny MW by said MORiGAGEE ~s fur~ha sec~~ity w s~id matp+g~ d~bt, snd, not I~sf tha~ tsn (10) days in advanc~ 01 tM ~xpiration of e~ch policy. 1o dr
I~~e~ ro iaid MORTGAGEE s r~.~ewal thereof, to~etfur with a receipt fo~ tM premium of tuch renewal; and ~here shall be ra fire a wind»am insu~~nc~
placed on a~y of said bvildinps, any lntereit tl+~rein ot part thereof, unleu in tl+~ to~m and with tM bss payabl~ afaesaid; ~nd in th~ ~vent ~ny sum
of mon~y becema payable such policy a polKas wid MORiGAGEE s1~a11 haw tFw option ~o receive and ~pply tM same on accovnt oi th~ ind~bted~
net~ Ntwed hereby p W permil said MORTGAGOiES to ~eceiw and ui~ it or any pa.t thereol for othc. purpose~, witho~l th:reb~ waiYing o~ ~mpair-
inp any puity, lian a rghl w+de? a by virtw of this mortyape; •nd in ~FN .ven~ s+~d MORTGAGORS sh+11 fw .ny ~.ason i•11 ro keep rh. sad pnrn~us +o
inwr~d, o~ fail to det::~• ^•omwly ~ny of said policiea of inswsnc~ to a~d MORTGAGEE, or fail prompNy to pay fuily any premium therefor a in any
respece fail b psrfwm, diuMrge, execu~s, ~ffact, complete, comply wirh u~d abid~ by this covenant, or a~y part hereof, iaid MORTGAGEE m+y place and i
paY iw such inwraeKe or a~y parl tFxroof without waivinp w a(fetti~g My Op1i011, INit, eq~~ty, w ~ipM under w by virrw of this Mortqspa. and tM
full an~nt of each and ev~ry such paymenl iha11 bs imrnediately du~ and payable a~d ahall bear i~tereit from ths tlata thereo( until paid +t tM rab ol
nine per ce~t~m pK annum and ~ogether with svch interest shal( be secu~ed by tFw lien o~ this mwlpage-
1. To pKmit, c«nmit w suf(a no wa~ts, impairment « detaria~tion of ~aid property or any part thereof.
t
5. To p+y ~II and.singul~? tFie cost~. charges snd expenie~, incl~dinp a reasonabk attwney's (ee and costs of ~bstr~cn oi tit4, incur~ed a paid at
any time by w~d MORTGAGfE, becavse a i~ the tvent of tM failure on Ihe p+rt of the s~id MORTGAGOR to duly, promptiy u~d fully perfam, d~xharge,
execvt~, effect, compkte, axnply with and ~b:d~ by ~ach and ersry tht stipul~tions, s9reements, conditions, ~nd tovenants of said pranissory not~ a~d this
matyape any o~ eithe~, and sa~d costs, cMry~s end ezpcnus, each +~d every, shafl b~ Immediately dus and payable; wlx~her w rwt ther~ be notice dtr
mand, +tt~mpt ~o colkct or wit peod~np: and tM full ~movn~ of each and every wch payment shall bea. in~erest irom tM date thereof u~til psid at the
ratc of nine per centum per annum; and all said costs, charges and expenses incurrad or paid, together w~th svch iMerest, shall b~ secwed by tM lien of thw
morf~ap~-
6. Th~t in the ~vent of any bresch of this Mortgsge w dehult on tM part of the MORTGAGOR, w(b) in tM event any of sa~d sums of mon~y
herein refe~red to be not promptly and fully p~id wifhin Ihirty (30) dayt next afte? the same severally betanQ due and payabte, withovt dem~nd or notice,
or in the ewnt each and every ~M stip~rlatiom, sgreeme~ts, cond~rions snd coven~nts of ia~d promiuwy nots and th~s matgaye +ny or either .are not
iuly, pomptly and (ully pe?fwmed, disch~?ged, e~cecuted, eifected. complrted, complied with and abided Sy, then in eithei w s~y such evtnt fhe said
g~egate wm mentioned in said promissory note ihe~ remaininp unpaid. with interest scuued. and all moneys wcured hereby. sh+Il becom~ dw and p~y-
able fathwith, or thereafte~, at the option of uid MORTGAGEE, as (~Ily a~d complefely as if aU of the sa~d sums of money were aiyirully ttipu{stetl
ro be paid on svch day, any~hing in sa:d promissory note or in this Mwtgage to the contrary rto?w~thstanding; and thereupon a thereafter at the opt~on oj
said MORTGAGEE, without notice w demand, suit at t~w o? in equity, thsrelae or tFK~eafter lxyun, may be (xosecuted ai if all moneys satur~d hereby
had matured pnw fo ib irotifu~ion.
7. That in the event rhat at the beginniog of o~ ~t any tima pendi~g sny suit upon this Mwtgage, a ro fpecbs~ h, w to refwm it, or to enfores
payment of any claims hereunder, said N~ORTGAGEE'shalt apply to the Court having jurisd~ciion thereoi fw the appointment of ~ Receiver, such Ca+rt shall
fathwith ~ppoint • receiver oi uid mwtyaged property all and :ingular, includ~~+y all and singular the income. profits, issues u~d reven~es irom whatever
wurc~ derived, ead+ ~nd every of whKh, it be~rg expressly understood, u t+ereby morrgagea as if specifiully set fath ard dascribed M the yrantinp and
habendum cleuses hereof, ~nd svth Receiver sl~all have all the broad and e(fectire func:~ons and powen in anywise emrusted by a CouH fo ~ Reteiver, •nd
•uch appoinlment shall be made by such Court as ~n admi~ted equity and ~ mane? of absolute ~ight to said MORTGAGEE, ~nd wi~hout reference to the
adequxy a inadequacy oi rhs value of the p~operty mo.t9a9ed or to ~he soivency or inso~vency of said MORTGAGOR a the defendsnn, and that such
rents, profits, incwne, iasues and revenues s~all be app{ied by s~ch Receiver according to the lien or equity of said MORTGAGEE and the practice of such
Court.
6. 1o duly, promptly and fully pertwm, discharge, execute, effect, complete, comply wi~h and abide by ~xh and every the stipulations, agreert~ents,
conditio~s and covenants in .said promissory note and this mortgage set fath. ' `
9. That in the event tM ownenhip of the mortgaged premises, or ~ny p~?t thereof, becomcs wited in a penon other tha~ the /NOR?GAGOR, tha
MORTGAGEE, its tuccessors ~nd auiqns, may, without notice to the MORTGAOR, deal witi? auch successp w successor in interest with re(crence to this
mor~gaye +nd ~he oeu: F~ereby iecwed in the same msru+er a: with Mortgago~ without in any wsy viti~~inp a d~scF»ry~ng fhe Mon,~agas' liab~tiry hera-
under o~ upon tl~e debt hereby iecured. No sale of the p.emises hereby mortgaged and ~o iorbearsnce on the psrt of tM MORTGAGEE w its tuccessws
or essgn~ and no exteruia~ of tlx time for ~ha psyment of the drbr hereby secured given by ths MORTGAGEE o~ iri wccessor• or auig~s, sMll operet~
to release, d~acharpe, modify cMnge a affect the orginal liabil~ty of the AhOkTGAGOR herein, either in whole w in put.
10. h is specificatly agreed that tm~e is of the esunce of this contract and that no waiver of sny obligaYwn Fxreunder or of the oblipation ~e-
cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrumeM secured herby.
~ 1. In add~teon to the fwego:ng monthly payments of princ'pal and interost reqvired by tFx promissory nole secured hereby, mortgsgor covenanis
and agrees to pay to mortgagee with cach monthly payrnent an add~riaul sum estimated by mwtgagee to be equal to 1 j' 12 of the annual cost of the follow-
ing:
A-AU real property taxes lev~ed w aiseased against tfie above described real estate.
B-Premiums on fire and windstorm insura~te as here~n requ~~ed fo be carried on 1he improvements sit~ate on the above drwibed premises.
C-Premivms on such mortgage guaranty imursr,ce as mortgagee ahall from time to time deem iit to carry on the toan secured hereby.
Mwtg+gee shall irom time to time norify mortgagor in writ~ng of the amount due and payable hereunder and such sum shall thereupon be due and
payabk on the due date of the next monthly payment and each successive month thercaher ur~it mortgagee shall notify mo:tgagor of s change in such
j amount. Such sums shail be applied by mortgagee toward the paymem of real property taaes, insurance prem:ums, and mortgage gwranty inwrance
premiums.
~ IN WITNESS WMEREOF, the ia~d MORTGAGOR hss hereunto xt his F?and and seal the day and ye first a~oresaid.
E Sigoed. Sealed and delivered in the presence of: ~ ~
E • ~
c.a.o
~ Thoma s A '~li 1 ken n
~ ~ 1~ ~ q
I~ar o i E Wilkenin ,n
~
SiATE Of FIORIDA t
courm oF St. Lucie '
sefae me a,s,n,,y„pp.a~ed Thomas A. Wilk~r_ing
1~`,Ar jeri~ F, '~T 1 kPnin~ h;, ,,,,;te, ro me We~~ k~o~,.~d k~oWn ~o me to b.
rhe ind7riduals desuibed in and who e:ecvted the fwe9oiny instrvm~nt, ~nd acknowted9ed befon ms thst they executed tFa wms ior the purpaes
therein .~,.~ssed. ~u~d ri+e s.~ M~r ic~r~ r,,, '.•1i7 kF+,ning
wife of th~ taid Z'~10Ir189 A. Wi 1 kening , upon a sep~.ate ied privat~
examinatan by me taken sepante and apart from he~ said husband, acknowledged to a~d befor~ me that she executed said irotrument freely a~d volun~
rarily u+d withovt si+y compulsion, corntnint, apprehension, ot fear of a from her wid husband.
WITNESS my F?~nd snd official uel this ~a~' dsy of Ivovember ~ p 19 ?b
y Notery Pubiit in nd the State of F{orids at l~rp~
5 MY ~Of^~^'uiO^ ~ aNotcr~r Publk, Stoh of Fkrldo al ta..~
Retum Ta
F A1r Gocr,m:ssioei Ezpires lvlp 42, 1977
~ fint f~dcnl Savings a loan AssociaYron
Of Fo~t P~erce. EoaicJ by Amsricen fir~ 6 Caivotq Ca~
Fort Pierce, florida ~ JOU^~ #
~ 1~1
.
.
f . i
This Instrument Prepared By Rober't J. Ev9Tls ~ JY'. ' ~
Fint Federal o v~gi P ~~en F53oTf d8 / ~EO ANO RECOROEO ;~"K:~'~••y;~°~'~'?~:
~ " J~Q'- ~Z
~ ~ s~. wc ic couKTr F~~. _ ~ . ;
< a . ;t. ~ :
Checked B ~ _ ROGE~ POttRAS : : -7 ; : 4,;~„`~~ : .
y - --K CiRCUI? COUR ~l.~~y~/l.. ~ . ;
BfCORD Vfft~F1E4~ ~ J . = O ~ _
: ~%Z~~v ~d;':~~
G. ~ ` .`:.Q .
II~ Il '?6 :-;..:..s.
~ . " ~ ~ rr/ , l~w' .
fi; . . . 1 \ ~~r r.
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, e~ ~ ~tj rt~~ti ~ i~~P `
6C±~r~o f'A(:E J~~