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J. ~o pl~c~ ~ru~ co~~~nvoufiy ?eep on rh~ bu~!d.~~pf now a heroalrer ?~?u~~~ on s~~d I~nd ~nd on all eq~~p~r.enl and p~/fon~lly tO~er~d by ~his md~Q~
ays. wilh ~11 W~m~un,~ the~eon pa,d ~n full, I~rc in~„renc• ~n ihe ufu~l titsi:dsrd po!~cy lam, in ? wm •~.p~u+.d b,r ~he MORTGAGEE, •nd wmJ~~wm
~nwr~nc~ in tM utiwl t~a~xto~d pot.cy lo~~n, in • wm app~o.cd by the MORTGAGEf. i~ tuch compan~ or comp~n~~~ as ~M MORiGAGEE M~y
d~rec~j ~~+d ~!1 !i~• ~nd w.n~rorm 3n~u+ance pol,c.es on ~ny oi s~~d Du~id~~+pa. ~ny in?~res~ the~ein or p~rl ihcreol, f~ ~M ~yyreq~~~ wm ~fp~Nid a .
In •acss~ thereof. ~hall cone•,n U~ ~suai ~t~~~Jard mu~+y.syN clau~~ a wch oiM. c+avs~ tM Mo~~p~9se m~y req~..~. m.k~rp ~h~ ~o~~ u~d~r •~~d polf
ua~, e~th ~nd ~v~ry, p~yab~~ ~o ~~~d MORIGAGEE at ~i~ inre~e~t m~y ~ppea, ~r~d tach and ev~~y sucA puucY th~ll 1» prompNy •~s yoed ~~d dstivaed ~o •
sny hsW 4y u+ct A~tORSvAGfE a~ tunhsr srcv.~ry ~o a.:J .+~n,~9e9~ debt ~nd. oo~ leu ~lun ~en (101 ds~s in adr~nte o1 th~ ~apir~t;on os a~ch poticy, /o d~- ?
liv~r 10 Nid MOR1GaGEE a rc~ewal thereof, ~o9Hhet with ~ rec~ipt for the premwm o! ~uch ren~w~~; •nd th~r• ~hell t~ ra hre o~ w~~d~~o~m insur~nt~
plst~d on ~ny o) faid kwild~~s. •ny intrrnt Iherern a parl tMreol, untess in tht lorm ~rvd with 1~ toq payabl~ ~f •1a~faid: ~nd in ~ht went any fum
of mo.Ny beco,n~~ pay.bte u++de. such pnticy a pol~ci~~ a~d MORiGAGEE ~he11 hwa ~F+~ opnon ~o ~ece~we •nd •ppty rhe same on accoum ol tAe indeo~ed- •
nest seturid ANaby or w permit u~d MORiGAGORS ~o rett.w ~nd us~ it a•n~ par~ tl~ereol fa. osher pu~yutrt, w~~~~o~t ihz~~ u~ wa~.~ ~3 0~ unpoa•
~r+7 ~ny aqu~ty, GM a r:flht under w by vinw of ihn mortflayr, ~nd in ~M evenf a~~d MORTGAGORS ehstl (a ur? r~awn fail to teep the ~a~d p~emi~e~ to •
intiu~ed. a f~it ro detiv~r prompely ~ny of a~id pol~ciei of insuranc~ ro said MORIGAGEE. w fal promptly to p~y lu~ly •ny pren,wm the.~fw w in ~ny '
retpetl 1si1 M p~r(orm, dhcl+uge, eaccu~~, etfea, comp!eta compty wi~h and abid~ by th~f tovanaM, p~ any pa~1 I+awi, f~~d MORTGAGEE m~y pIK~ •nd "
pay iw such in~u~a~ts o~ ~ny parl ~htreol w~thwit w~ivinQ a aF(ectinp any op~~or?. Iien, eqvity. a?:yht under a b~ v;rtw of ~hif Matpiye, and tAt vv
fuu amovot o( ~~ch and eve.y svch paymem sh•11 bs ~mmcd~•rely due ~nd payabl~ ~nd ~hasl be~~ in~eres~ from th~ d~t• thereol un~il psid at ~lu ~a~ ol
mn~ p~r uotum per a~num and toqether with a~ch inte~cae sha~d tx secured by 1M lien ol this mwtppe. ~
-i
To ps~mit, cpnmir w sviler ~o wa~~e, impairment or de?e.~or~~ion o( ?~~d property w~ny pan thereof.
S. To pay ~II ~od ~ir~gula tM costs, cMr9es and eapen~es, ~~clud~np a reawnabte sttwney i fee a~d cos?s o1 sbsuedf of title, incurred w paid at
eny rime by u~d MORIGAGfE, bec~us~ or in the •vent oi the ta:lu~e on ~hs p~rt o( th~ seid JNORTGAGOR to duly, promptly and fu~ty perfam, d~uMrg~_
erecute, ~Ffecf, comptete. comp~y w~~h e!x! ~b;Js by each and ev~ry the sl~pubt~ona, aqreements, cond~nons!+nd coven~nts ot t~~d promiswry note and th~~
mwt9qf ~ny o? eilhe~. a~d ia~d costs. cha~9ef and e~Exnse~. e~ch ~nd svery, tMH b~ immed~ately dw •nd payable: whethcr a nol tl+rr• be notite d~
mand, anempt ro coJkct p suit peod~ng; and tfie luti amou~t of e~ch aod every S~ch pa~menl shall bea~ ime.~s~ lrom ~he date thereof untit p~id at tM
..+te of nine per centum per ~nnum; s~x! afl s~Id cous. chsrges and erpemas ~oturred p paid, toyeJher wJh such iatersst, ~Aa11 be iecured by ~1» ~~en of ~h~~
mOr IQ1Qt.
6. TMt (a) in tM ~ven~ of ~~y brcach of ~his Mwtgag~ w defaul~ on iM ps~t o( the MORTGAGOR, a~) in the sve~t ~ny of ia~d tums of monsy
herein nferred to bs eol prompily ~nd fully pa~d wi~hin ~h~.ty (3pl clays ne¦~ affer ~he same sere~a7ly betom~ due and pay~ble, withoul dem~nd or nohcs,
or (c) in ths evant eich and every ~he a~ipvia~~ons, a9reement~. cond~rions and covenants of s~ d p~om~~sory nota u~d ~h~~ mortpa9e any w ei~her •re nW
~uly. promptly and fuliy p~rformed. d,uhar9ed. exccu~ed. e1lecfed. compt~~ed. compl~ed w~rh ~nd aio~deu ~y, ths~ ~n e~ther o~ ~ny such ev~n1 th~ ia~d ag
gregat~ wm menrioned in ta~d prom~sswy noro ehe~ r._ma~ning ~npaid, wi~h imerci~ accrued, and a~t moneys ucured hereby, sMll become due ~nd pay-
sb:e fwthw~th, a thereaf~er, at the opKon of ~ad b10RIGAGEE, a~ fully ard comple~ely as il a~l o( ~he aa~d s~ms of mooey wera w~q~natly s~~put~ted
ro be pa~d on such day, anything in sa.d pro~ntsswy note or in th~s 1Kortgage to the conerary nofwi~hs?and~ng; and therevpon a thereafte~ ~t the opTwn of
s.+;d MORiGAGEF, without no+~ce w demand, suit a1 ~aw w in eq~~ty, ther~(we or therealte~ bcg~n, may Ge proucuted as if ~tl mwroys secured hereby
r=d r~aturcd preor to >>a in~ti+lnon. •
7. Th~t in Ihe event ~hat ~t the beginn:ng of or at any time pend~~+g any su~t upon this Mortyige, or ~o faeclose it, w to reiwm it, or lo enfwct
paymenf o/ any deima he~evnder, s~id JAORTGAGEE sha,l apply to ~he Court h~vi~g ~ur~tdlcnon tAe~eof (or the appointment of • Reteiver, such ~ourt shall
ior~hwirh sppo~e~ a rece~ver ol ss~d mortp~ged p~pp~rty sli ~nd ~irgul~r, includ•ng aN and s~ngulu fhe incoms, pro(m, iswes ~nd rwenues from whatevsr
wurce derived, each and evcry ol whKA, ir beirp expres~ty unde+stood, ia hefeby mor~gaged at ~1 speu~ically se~ faih and dewib~d in tl+e 9~anting •nd
habendum ~lauuf hereoi, and such Rcceiver thall hava a11 the bro~d •nd efi~cr~ve lu~ct,ons and powers in anyw~se~entrusted by a Court ta • Receive~, and
s~ch ~ppointment sha0 be mede by svch Court aa an ~d~nitrrd equ~ty and a ma~te~ of a6soi~ro riyhf to uid MORTGAGEE, and wi~hout reference to the
edeqvacy p inadcquacy ot ~he vaiue of the propeny mortpsged or to ~he w,vency or ,nsoi+cncy ol said MORiGAGOR br the delendanfs, and ~hat iuch
ren~s, profits, income, issues ~nd revenve~ shall be appl~ed by suth Receive~ accord,~g fo the fien u~quit~ of sa~d MORiGAGfE and the pracrice of such
Court.
8. To duly, p?omptly and /vlly perlorm, d~xharga, execufe, ef(ect, cor~ptete, cor~~ply w~th and ab~de by each •nd every the stipula~io~s, agreement~,
cond~tans a+~d covensnrs ~n aa~d promis:wy nore and th~s mor?gaqe sN fo.th.
9. That in the event the ownership of the mortgaged prtm~se~, or any part Ihereof, betcmes vested in • person other than the MORTGAGOR, th!
~.~,2T~AGfE, iti soccesso.s and ass~gns, may, wifhout no~~ce ro rhe MORTGFOR, dea! w~~h such successw w successo. io iaterest with rele~e~ce Io th~~
mo~tgage and the deb~ hereby secured in the same manner as w~th Mortgaga w~~hout in any way vitia~ing w d.uharg~ng the Mortg~gors' Iiab~Gty herr
~nder a upon th~ debt hereby sccured. No sa:e of the ~rem~ses hereby mortgaged ~rd no forbes~ance on !h~ pan of ~he MORTGAGEE or its svccesswf
o. a:s~gns and no earens~o~ of ~he ~~me iw ~he psymcm a4 ~he de6+ he.e6y uwred g~ve~ by the NIORiGAGEf o? ~ts svccetaora or ~u~gns, shall operote
ro reiease, duhar~, modify change or aflecr ~he orig~~a! lieb~;rty of the MORiGAGOR Fure~n, either in whole w in psrt.
10. It is specifiully ag.eed ~hat time is o( the esuace of thGS conlrad and. that no waivtr oF ~ny ob=igar:on horevnder a of tht ob!'~~tion se- ?
c~red hereby sAafl ~t ~~y time tbercafte~ be held to be s wa~ver of the terms he~eo( w ef the inatrumeM setur~d hcrby.
11. In add~tio~ to the Fo.ego ~g mon:h!~r payments of pnnc paI and inrerest reqvired by fF~e prom ssory noee secured hereb~, mortga~or covenaMs
a~d agrees to pay to mo»gaqee w:th each mon~F~;y pay.nent an add~r~onat sum esf+Tated b/ mortgagee to Ae equal to i~ i2 of the annual tosf of the iollow-
~ng.
A-All real prope+ty taxes lev~ed or assessrd d9•71•1S1 the sbove desvibed real esratm
6-Prerrm~~ms on Lre and wir.de~orm ~nw~arce as here~o req~:red to be ca•ried on the ~mprovemt~ts s~tuate on the ebove desvibed premises.
C-prem~~ms on such mortg~ge gus~anty ir.surar.ce as mortgagK sha~l from t;me ro t~me deem fit to ca+ry pn the ban secwed hcreby.
Mortgagee sfisii f~cm t~me to t~me noriF~ mo•rgagor m,vrit~ng of fhe amount due and pay~ble hereunder and tuch sum shall thereupon be due and
~ayabte o~ the d~c date of the ne¦e month~ ~ paymam and ea~h wccessive mo.,th thereafter ur.til mwtgagee shail no~;fy mortgapp of • change in svsh
a~--o~m_ Such aums sha~l be appii~d by mw~gag~e toward the Nayment of real property ta,ces, i~surance prem:vmt, snd mortgage guaranty insurance
p~emiuma. ~
IN WIiNESS WHEREOf, the said MORTGAGOR has hereunto set his F?and and seal the day and ye~r first aforeseid_
Si9ned. Se~led ~nd delivered in the p?escnte of: -
- \ ~ ; f~~EO xh.~ PfcoR~e .n
_ ST. IUCiE C~UNTY fl • ,
ROo~~ P?ITRAS J ~'n
- CtEi+t~ CI`'GU;T L• - Se•q
_ 1,~-~ REC~~O ~ERtf1ED ~ a4
SiATE OF fLORIDA ~r t2 14 M~~6 '
COUNTY OF t L ~'U :lA _ # ~ YfW a _ • -
Befwe me ptrsonalty appeared i~ • Z fi W S i{ 1 ~ - ~nd
:~t;,I7t61£a •e7 • F~_t=}'L9W3itl ' r ' - .
his wife, fo me wetl krio~IGe ~nd know~ t~e~e ~p be
the individwls described in ~nd wFw x f t QQ~Q~~-(~~ serpu and ecknowledged before me th~t they u~N1~d the ssms for th~s`~~,t~oles
~~~~~~i ~~4V~~J l - - •J
rherein expreised. And the ss;d . '
. ~r• ,w . , . ~
w~fe of the said ' =;~up~~ a sepaplt;~n~:priv~t~
e+am~natwn by me t~ken separate and apart irom her sa~d h~sbar+d, acknowted~ed to •nd b~fora m~ tF~at she exacvted ~u1~t~~MlltO'~y.`~vQlwr
aer,ty snd w~thovt ~ny compu;:ion, cons~rai~?, tpp~ehens a fesr o! a from her said sband. V J`~.~
WITNESS niy hand and o1fK;s1 seal this_ ~`3~ d~y oi C~~ ~ h'~1i•~i~"~~ D. 19~
~ ~
Notary Pub ~ in snd r the State of fbrida ~t lar9~
My Comm~u'an ez
Return io:
Fint F~d.~,i s.~;~. a~o.~, n:,«~.+;o~, Notary Pu6&, State ot Rorids +t lss9~
°f f°'+ °;er~°. My Commi:ian E~pera A~4• 3Q, i980
Fo:f Pierce. Flwid~ ~r A,N,as+ I¦• 3 Cs..~s Losw•r
This Instrument Prepared By Jonel.: i:ti ;iie~ ~
First Federal Savings b Laan Association ~
of Fort Pierce s ori : s,
Checked 8Y B~ j~~~, P~ ~
, ~ • ~ ~ ~