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J. !o p'a:e ar•~ .c-r:. oaus!~ kec;. o~ !'~e b:• •1~~~~ ++~w ti.~e•h~. ~~+u•q on ~~~d t~nd and on ~tl ~qwpmeM ~nd person~lly co.~r~d by thi? ~+a~¢
p~, wi~h •II p~tau~mf Ihe~eo~? pad ~n luJl, h~e ini~rancv m fhe ~~ust ~tsidard po~~cy form, in • tium ?pp.oved by ~hs MORtGAGEE. •~d w~ndtto~m
inswanc• in th~ uw~l ~~~nclad pot.cy fornt in a au.~i spµroveJ Cy ~M MORTG/1GEE. in ~uch con+p~ny or compan~es ~M MO~iGAGfE ~+ay
diretl; ~nd all fir~ •nd w;nd~rorm inwr~nte po:~c,e~ on •Ry ot u~d bu~ld.npt. ~ny intero~l ~here~n or pu~ thereol, in tM ap9reqa}e w~++ dor~s~~d w
lo ucesf ~he+eof, ~hall contain th~ uiwl ~~a~.dard ~cu~~gag~~ da~te w~uch oth~r t4vfs ~s th~ MatQage~ m~y ~equ:r~. ma?~np the loti~ under s~~d poli~ r
ciei, each ~nd avt~y, payabt~ ro s~~d htpRlGAGtE as ~a ~n~a~es~ ~nay appeu, ~nd e~c~ •nd •very wch po`uy sF~~ll bt p~omp~~Y 9^t~ •^d delivercd to
~ny hetd by wfd MORIGAGEE a~ (u~ihe~ aecur~~y ~o setd ~~o~tyage dcb~. and, no~ leu tMn ~~n (101 d~ys i~ ad+anc• 01 ~M •~p~~~hon o~ euh poGcy, to da
liv~r to s~id MORTGAGEE a re~ewal. thc~eof, to~e~her w~th • rece~pl fa tha pr~m~um oi ~uch re„ewaf; end ~hei• •hatl be no I.r• or w;+ul~~o•~n in~uraoce . .
placed on ~ny o( t~id build~nyi, any fnterest th~r~:~ w par~ tt~ereol, untrss in ~M form and w~th ~M lo~s payable ~s •Iorts+id; ~nd i~ tM •v~n1 •ny sun+
o) mon~y become~ payable v~~de~ wch policy w pol~ucs se~d MORTGAGEE iti,ll Mve ~h~ optwn w rece~re •~~d spply ~M ~+me on accoum oi tM indebted~
M~~ ~KUtltl Mr6Dy a ro permit faid MORTGAGORS to recrive ancl we it a eny part ?he~r~~ !_r ^•^..r :.v;.:s_.s. ~.v.~ho~~ ~A-e.or we~~in~ or unp~q- -
inp any equ~ty, tien w nghl under a by virtw of thi~ mo~tygr, ~nd in the evrm u d MORiGAGORS ~hall (a ~ny ~e+son (~il to keep ~he sa~d pr~m~tiN W
in~wed, or fail fo dsliv~r promptly any o1 faid pol~c~es ol infur~nte 1o sa~d NlORTGAGEE. w fs~1 promptly ro pay fuHy •ny Vrcm~um Ihe~a}a o~ a~Y
raipect lail to p~r(oem, d~schuge, e;ecute, etlect, compleia, co~:ply w~rh ~nd ab~d~ by th~s covenan~, w any perf harwt. s~~d MGRiGAGEE may p~+ce a~~o
paY fa such Insuranc~ or ~ny part the~eof wiihout waivirg w a(t«tirq any ophon. li~n. equily, o~ r:qM unde~ w by vntw ol th~s Matqa9~. and tht '
full amou~~ of eech end e.•~ry auch paymem sMll be ~mmedi~tety dve •nd payab?e ~nd sha~l bea~ imerei~ from tM dat~ thereol unul pa~d ~t ihe ra~~ ol ~ I
nir» per cenfum per snnvm end to~r~Arr w~th such interest fhati be securod by tM I~en of this mongsge. `~i
1. To permi~, comm~t a suffer no wa~te, impairment w dercriora~~on ol said pro{xrty p~ny psrf ~hereof. s'
•
S. io pay dl aod ~inpulu ~F+e cos~~. cM?fle~ ~nd expenses, ~nciuding a re~~onablo attor~ey's (se and costs of •bsr~sct~ o( titia, incu?red w p+~d ~t
any ti~ne by sa~d MOR1GAGfE, becawe w in the eve~~t oi the la:lure on ~F.e pa~1 of /M said MORTGAGOR lo duly, promptly ~nd fu~ly psrlam, d~xha~y~.
e:ecute, effect, complete, comply w~~h and ~b;ds by each and avery ~he stip~la~wn~, ag~cements, cond~t~ons. •nd cov~nanrs of s~~d promi~wry note a~d ~hi~
matyaya any w e~~h~v. •nd w~d coses. ch~r9es •nd expenuf. e~ch snd every. sha11 be immediarely dw a~+d p~y~~te: whcther or not ehere be~nor~ce dc
mand. allempt to tollect w suit pend~ng; ar~d Iha full amovnt of ~~ch and every suth psymeM sh~il bea. inrere~t from the d~te tMreol until p~iA N tM
rate oF nine per cent~m pr~ a~nwrn; ar~d a~t uid costi, c~agea snd expensrs ~ncurred a pa~d, togetner w~in such ~niltHt, sMtl ta s:c:::..~. :.`x E:~•• o! =
mw~9pe.
6. Ths~ (s) in the event of any b?exh of thi~ Mor~gage or de{autt on ttn part o( ~he MORTGAGUR. or (b) in the evenl any o( sa~d sums ol moe?~y
herein ro(erred ~o be no1 promptiy and 1u1iy paid w~~hin th..ty (3J) dayt r+ext after the san,~ severo~ly betome dve ~nd payabte, without d~m~nd o~ oo~~ts,
or (c} in the event each and every the stipul~t:o~~, egreernents, cond~t~ons and covenant~ of ~a:d prom+swry note er.d th:s mortya9e e~y w e~~her are no1
~vIY. promptly and fully perfamed. d,schar9ed. executed, a}tecred, completed, compl;ed w~th and ~b~ded 5y. ~F+en in e~~her a any such tvem tM ~a+d a¢
9regate wm mentioned in said promisso~y note then remaining unpaid, with interest acu~c~, and all moneys xcured hereby, ahsll l,~come dw ~nd pay-
sble forthw~th, or thereafre~, at the opt~on of se~d A10RTGAGEE, a~ fully and compterely as if afl of the sa~d s~m~ ol money we~e agin~~ly s~~pula~ed
to be pa~d on such day, a~y+hing in sa.d prom~sswy note or in this Mo.tgage to the co~rrary not,erithuand~ng; and thereupon a therealte~ tM op?wn of
sa~d MORiGAGEE, w~~hout not~ce or demand, au~t at I~w a in pudy, the~efwe o~ therea(ter uegun, may be prose<uted ~s ~f •II moneys secured hereby
had matured pnor ~o ~ts ins~ituno~.
7. That in Ihc event that at the beginning of o~ ~t any time pending any suit upon fhi~ Mortg~ge, o~ to (dKlos~ it, w to relpm it, or lo enfwq
payment of any claims F+e•cunde., said MORtGAGEE shall appty ~o the Coun hsv~ng ~u~~ad:cnon fhereo( fo~ 1he appo~ntment of • Recewe~, such Courf shall
forthwith appoint s receiver of ia~d mwtgaged properfy al~ ~nd singut~r, includ.ng ail a~d s~~gular ~he income, p~of~ts, issues ~nd reve~ues Irom whateve~
•ource derived. each ?nd every ot wh~ch, it be~r+g expressty undera~ood, ~s heroby mo:rgaged as ii spec~f~caltv ut fwth ~nd deuribcd in the 9~a~~~~+g +~d
habendvm dauset hereol, and wch Recriver shalt have all the brwd ~nd effeo~ve funct.ons and powers in anyw~se entrusted by a Court to a Recaiva, and
s~ch sppointment shall be made by svch Co~rt si en ad~nitred eRuity a~d a matter o~ absolute righl to sa~d MORiGAGEE, ~nd without re(erence Io Ihs
adequscy w inadequacy of the vatve oi the property mor~gaged o? to the so:vency or ~nso~vency of said MORiGAGOR a tM defe~da~ts, and ~hst such
ren+a, profits, i~come, issurs and revenues shslt ba app~ied br tuch Rece~ve~ ac:ord~~g to the 3~en w equity of sa~d MORIGAGEE and the prauKe of ~uch
Court. .
8. To duly, promptly snd I~lly perfam, d~scherge, e~ecure, efiect, cw+~ple+e, compty w~~h ~nd ab~de by each and every ~he stiputatans, agreement~,
condit'ans and covenants in sa~d promisso+y note and th~s mongage set forth.
9. That in fhe evem the ownersh~p o~ thr mortgagcd prcm~ses. w any part ~hereof, becomes ve~ted in a pe~wn o?her tMn the MORTGAGOR, tl+~
MORTGAGEE. its successws and ass~gns, may, w~!ho~t nor:ce to the M.ORTGApR, dea! w~~h svch successor w successw in interest with reterence to this
mor~gage a~d rF,~ debt hereby sec~r~d in tht aame manner ~s with Mbrtgagw withoul in ar.y way vitiatinq w d~xharging Ihe Mwtgagon' liab:~ity hera
under or upon the debt hereby s~cured. No sale of the prem~ses hereby mo~tgaqed ar.d no fwbearance on the pan of the MORiGAGEE w its successors
Qr assigns and no eater.s~on of the eime for the paymem of the debr hereby secured given by the MORTGAGEE w its succeisws or aa~~gnf, sh~lt operats
ro rNease, d~scharge, mod~fy change o~ •ffecr the orig~nal hab~t~ty of ~he AM1ORiGAGOR herein, either in whole or in put.
10. It is speuf~csfiy ag.eed ~hat time is oi the esunce of +h~s contract and that no waiver of any oblig~tan hereunder a of tM obligatbn st
cvred haeby ahall at any time thereaftN be he:d to be a waiver of the tcrmt he~eoi p of the instrumen~ aecured herby.
11. In aJd~f~o~ ro~he faego n~ rreonth!y paymems of p~ir.c pat srsd in+erest requ~red by tFK prom~ssory no!e secv.ed hereby, mwtgagor covenanb
and ag~ees to pay to mo•tgagec ~w~rn each mon+hly pa~~:.ent an add.nonal su-n esra~~ttd by mottgagte fo lie eq~a~ to 1,~12 of tFx annual cost of the follow-
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A-All real p!operry eaxrs lev~ed o. assesud agai~sr ~hc above descnbed real euare.
8-Premrums on fire end wir.dsro*m insurar;e as nercin requ.rtd to be ca.rie~d on the ~mprovemtMS s~ruate on the above dtscribed premises.
C-Premiums o~ such mortgage gvaranry insuro<<ce as mortgagee shall froT t me ~o time deem fit ro carry on the b~n setvred hereby.
Mortgagce sha91 !.om hme to t;me ncr~~y mortyage~ ~n writ:ng of the ar.,o~nt due a~d payabte hereundrr and s~ch s~m shall thereupon be due •nd
~I payab!e o~ tF+e due dare of rhe ne¦t month;y payme~t and exh soccessive mo~~h ~hereaher vreit mo?tgagee sha8 not~fy monqagor o1 s change in such
emo~nt. Such sums sha;I cc appt~ed by mortgdgee toward +he payment of rea~ property faRes, in:~rance prem.ums, and mortgage guaranty ins~nnce
premiums.
IN WITNESS Y.'HEREOf, the sa~d MORTGAGOR has here~nto u! his hand and seal the day a y~ firtt afor~id. ~
Siyned. Sealed and detivercd in the presence oi: ktG ~pE~
f~~iuCi[ vfl~~r f~~• ~era ~ i: 3e •4
~ a~ 5 • RO~E? ~3:1AAS •q
~~UIT CCUat `
~ ~ . ~n~ -e r , ~..n ~
~~JQn~..~~ ~ ~.I~--+~ L REC`RO YEi~tf1E0~~~" ~
~ - ,16
STATE OF FLORIDA ~p " ~r ~ -'r
J • -1C 1 ~ _ ~ s~~' '.~::~2~33
couNrr oF - : q,: ? •
;
~ _n„1 1 :;nv l~_r '
. Befwe me perfonally appeared i 4~.~yi., , '
E
~Et L! =-:1~!~er his wife. ro me well knowu b eK to~i1L~ :
the individwls descr~bed in •nd who executed the foreflarq, i~tr~~ and .~I~ed befwe me that they executed Ihe' .~o~, th~ puf,pp~~,y _
-3e v • ;~Il e ' -
therein expressed. Ard the said- '~"'r' =
w;r~ af *h. sa~d Je 3 ~ny~~8 r v;w~ '~z k«?a p.;,?.a~ :
ez~m~nat~or? by me tawen separate and apa.t f~om her sa~d huibar+d, ~cknowtedged to and befwe rr» that she eaecuted said in~uQf~t hwfy ~t! va~nr :
rariiy and w~thout any comp~lsion, constra~nt, epprehe~s~on, or fear of or from her said hv?band. ~yy~~
WITNESS my Fund and official seal this_. ~~~J day of -~eCf'=
``~''er ~''~r._- A,`D. 19~
- .
/ ~ ~ .
~ ~~'`7L ~-4.CL~~
, Noti'ry Pub?~c in u+d for the~Sute of Fbrid~ ~t L~rye
- My Comm~ssion eap~res:
Retwn To:
~ First ftden) Ssvings R Loan Associat.on _ j~ r'r . 1 . F c' J-•` r T ~ R;'_
4f Fort P,e•ce. t : ' 1't/7
S Fort Pierce. FlWida 6~,'..~~:. Ir~n'v~,... ..,.h~~nt -~+UGK.tirt:t~Y, i::~.
~
This Instrument Prepared By Jonbl~ ~iu:;7es
First Federal Savings b loan Association
of Fort Pierces i o r:. ~il •
Checked By IL- ~ ~
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