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To plan ~nd conti~wovaty kNp on tM bu~:d~np~ now a M~~~flp utvd~ oe~ ~1d I~nd ~nd on ~II pvipm~nl ~nd p~r~oe?~Ily cova~d by U+ts morp~
p~, wjrh dl {x~miumi ~Aerwn pa~d in fult, fire in~vi~ncs in iM u~wt s+andard poticy fam. in •~um ~pproDed by tM MOR~GAGEE, ~~d wind~tam
inwranc~ in tM wwl t+~ndud pol+cy fam, in a wm approv~d by ~M MORTGAGEE, i~ wch tompany a comp~nih a tM MORTGAGEE may
d'v~ct~ M+d Nl i'u~ ~nd w~nds~am insur~nc~ policies on ~ny of s~W build~np~. ~ny int~n~~ thue~n u pa~t tM~wf, in. ~M pp~eq~~~ ~wn ~tor~W a
~ln ~att~ ~I~erwt, ~hall con~aie ~M u~w~ ~Nndad mor~yapN cl~we a tuch o~M~ ct~us~ 1h~ Matp~QN may rpuu~, m~?inp ~h~ Iw~ vndN ~+~d po~F
c~s. ~ach a+d wMy. paraW~ ro uid MORTGAGEE ~rs inrer~st may app~ar. ~nd ~uh u+d ~vNy ~vch po~icy ~aU b. p~omp~~y a~s yned a+d M~iv~r~d M
~ny heW by s~~d MORtGAGEE as tv.~M~ secw+ty ~o Nid ma~pa9~ d~b~, and, oo~ bu tMn ~ee !10) d+y~ in ~dvanc~ o~ ~h~ eapi.a~~on o~ ~ach policy, ~o da
livM q said MOR(GAGEE • r~wa1 tht~wf, tope?ha witA • rec~~p~ fa ths premiwn of wd~ ffnfw~lj and ~he~~ sMll b~ no fu~ or winds~a~n in~u~anc~
plac~d on any oi s~id b~ildinp~, ~oy Inte~eN thatin o~ par~ ~h~reol, unku in tM /wm ~nd w~~h ~M bu pay~bN as •(w~s.idj ~nd in ~IK ~vM~ ~ny awn
oi ma+~y beco~ par~bt~ u~dK sucA polity o~ polKaa Nid MORTGAGfE shal! Mw tFw opl~on lo nceiv~ ~nd ~pply rM sar.w on ~ccqun~ o( ~hs ir?d~bted~ i
nsu s~ew~rd Fnraby a ro psrm~t sa~d MORiGAGQRS to rsrai~a and uss it or any part thsrawf for o:her Fur~:vies, v:tfho~t tfi:~ebt wsi+re•+g c+ r*npaf•-
inp ~Ay equ~ty, fi~n or ~qh~ w~der o. by vorw of ~his mo:rpaQ~J ~nd in tM ~v~nt t~~d N10RTGAGORS ihall fo~ ~~y ?~awn fail to keep tM ~ald pr~~Ha w
insured, a f~il M d~tiver promptty ~ny o( ~id pol~cies of inwr~nt~ ro N~d MORfGAGEE, w f~il prompNy ro pay fully ~ny prem+um ~h~r~fp w in ~ny i
~~ipM bil b p~rfwm, d'ncMry~, s:ecur~. ~}f~ct, compl~t~. comply wi~h ~nd ~bid~ by Mus cove~an~. a~ny pu~ Mr~of, ~id MORTGAGEE ~y plau and =
p~Y for such inswanc~ a a.~r parl th~reof wi~hout waivi.q or •ffectinp ~M op~ion, liee, pvi~p, w ripht unde~ a by virtw of ~hi~ Mortqpe. w~d tM t
. fun amov~~ of ~acA ~nd ~v~ry svch payment shatl be ~mm~dNuly dw and p+y~bN ~nd aM11 be~. inftr~st irom IiN dah thtreof ~nrii pi~d riN rah oi ~
nirw pN cMrum pa anrwe+ ~nd eoqe~he~ with ~uch intero~~ sMtl b~ secwed by tM li~n of 1hi~ morpap~•
~ 1. ?o pNmit, eommlt p suff~r ew wait~, tmpairment a df~Kio.atio~ of ud p.oP.~~y «.nr pan +M.wt.
S, To p~y ~II ~nd dnputp th~ cwts, char~s and expN+s~~, includinp • r~asonabl~ anpe+ey's iN ~nd cwts of ~batraets oi titl~. fncwr~d w p~~d a1
any tims by said MORTGAGEf, bcauN p in Ih~ ~vtnl 01 tM t~ilur~ on tM part of tM uid MORTGAGOR to duly, promptly ~nd fully pptonn, d~sthar~.
~xecut~, etfect, comple~~, comply wnh and ab;ds by each ~nd every th~ itiput~~~w?i, ayreNnsnn, cond~t~au, +nd cownants of uid promissory rat~ and thu
mwtp~gs any w ~i~ha. and u:d cosn. cMrp~s ~nd ~xpenses. each and wery, sh~ll b~ immadutey dw •nd payabt~: whethe. w not rher~ b~ ewric~ dr
m~nd, anempt ro coll~ct a~vi~ p~nd~rqt u~d tM futl ~mounl o! each and rvcry tvch p~yment alwll bN. inrerest f~an the dat~ tM~eof umil p~id at ~tr
.a~e of nir~ pe~ ce++tum per ~nnum; ~nd ~11 said costs, cMr~e~ ~~~d exptnses i~curr~d o~ paid. 1op~thtr w~th ~utl+ inttr~it, sMll b~ s~cv~ed by tM Iwn oi thu
mortyap~. s
b. TMt (i) i~ the we~t of ~ny be~ch ot this Morty+p~ w d~F~ul~ on tM pa~t of tM MORTGAGOR, w tb) i~ the ~vent ~mr of wid swns of morwy ;
her~in ~~(errad b b~ not promp~ly and fufly p~id within thsrtr (70) daY~ ~at ~iter Ihe sun~ sever~tly petar» dw ~+~d pay~bt~, withoW d~m~od w notiu.
or W in ~h~ ewm each and ~wrr ~M st~pul~tions, agr~emen~~. cond~tans and cov~nsnts of a~~d p.omiuay not~ and ~lus matpay~ anr a ~~tMr are no1
iuly, promptly and fully ptrfamed, d~sclwped. ~aecur~d. tifeaed. compt~tad, compl~ed with ~nd ab~ded by, then in either or any such ewnt tM ~a~d ap~
p~ayaM wm mtnrioned in said promissory note then nm~inin~ unpaid. with interesr acc.ued. and ali monevi secured her~by. ~hall b~tom~ dw ~nd p~y~
~ble fa~hwith, w thereafier, at fhe opt~on of sa~d MORTGAGEE, as lully and compl~~e~y ~s if ~11 of ehe said sums ot mcr»y we~e a~pinat~y ~tipvt~~ed
ro be pa~d oe svcA day, anythi~p io s~•d prom~uo.y nott w in ~h7s 1No.tyay~ to the conn~ry norwirhst~ndinp; ~.~d thereupon w fhere~ftar ~i ~Iw oprwn of
•sid MORTGAGEE. w~thow notK~ a demu,d. wit at law or in equity, therefw~ or thertaftcr be~un, may be pra~cut~d a if ~{I ~noe~ys s~cur~d her~by
had matwed pra~ ~o ~n institutwn_
7. That in t!» wMt ~ha~ ~t the beqir?n~ng of a any ~im~ p~ndin9 any wit upon th;~ MortQap~, or ro fa~clos~ h, or w nfam b, w to ~nfwp
paymtnr of any claims he~sunde~, sud MORTGAGEE sha11 apply to rhe Cou.~ ha~~r~q jw~sdK~~oo thereof fw tM ~ppo~ntm~nt of a R~csiver, such Cw~rt shall .
Fwthwith appoinl e receiver o/ said mwtpayed p~operty all and sin9ular, includ,nq •11 and ~ingular sl+~ incoen~. polits, issws ~nd rev~~ws frWn wh~tw~r
wurc~ de+:v~d. tach and ~very of wh~ch, it be:np expressly und~n~ood. is hereby moripsged a if tpec,tkally ~et fath ~~d tlqcr~d M 1he q~anr'wq and
habendu~n clavses hereof, snd such Receiver ~hall have all IM boad and effective func+wns a~d powers in anywiie entrwred by • Cou?t to • Recaiver, ~nd
~uch ~ppoinrrnsnt shalt be made by such Court ao admitted equity and a matter of •bsolute rgh~ to sa~d MORTGAGEE. ~nd w~~hout rete~e~ce ro tM
edeq~scy or inadeqvacy o1 the v+lue ol the p.opa.ty mw~ga9ed or to rhe w:vency w~nwlvency of ~aid MORIGAGOR or tM defe.~dants, and ~Mr such
ro~ts, profits, income, iuuef and revenws ihal! be applced by wch Receive~ accwd~ny ~o the Gen a equity of s~id MORTGAGEE and ~he pr~ctiu o( such
Court.
8. To duly, prarr~ptly ind (ully pwio~m, discM?gs, execute, et(ect, complete, compiy wi~h and ~bid~ by each and every tM stipulatiw+f, ay~eements,
condit~ons ~nd covenann i~ sa~d promuswY note and th~s monysp~ k~ fwth. ~
9. That in tM event the own~nhip of the mwfgaped prem~ks, w an~ pan fhereof, becomes vested in a person othtr tMn the MORTGAGOR, t!» ~
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MORiGAvEE, its successon ~nd assiyns, may, wifhout nor~ce to the MORTG~?OR. deat w~th ~uch successor a successor in intarest wi~h refer~nce to ti?is
mon9a~e ~rw! tM deW Mreby s~tur~d in the same m~nner a~ wi~h Nbrtgayw witF+out in anr way vitiaYag or d~stharyinp fhe Mut9~yws' iiability htrt `
under a upo~ Me deW hereby sea,red. No ~at~ oi tht prcmiles hereby morty~yed ~nd no iorbe~r~nc~ on t}v pan oi fM MORTGAGEE a its wcu~son _
or aasigns •nd no extensioe~ of tl» time fa ~he payment ot the d~b~ her~by secwed qiven by tM MORTGAGEE a in succ~ssors w augra, shall operatt
~o reteas~, d.scharq~. modify chinq~ a affect tM o+pinal liabit~ry o~ the MORTGAGOR lw~ein, ~i~hsr in whol~ or in put- -
10. It is spec~ik~tly aqreed that t~~ne is of tAe essa+cs of ~h~s cont.~d ~nd that no waive. 01 ~ny obliyat~on hereueder w of tM oblip~tion sr
cured hasby ahall s~ aey time ~herc~fte~ be held to be • w~~ver o/ the termt herw/ a oi ths insnvment ~scwed herby.
11. In add~rio~ to the /wego:ng month~Y paYmenis O~ p:int'pal ~nd intereat rcqv~red by the prom~ssory nore sccured hereby, mort9a9w wvenants
end aprees to pay ro mortgsgee v~eh e~th monlhfy payrncnt an add~~ion~l sun+ est~m~ted by mortysge~ to be eqwl to 1,•'"12 of the an~wl cost of ths folbw-
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~ A-All real property t~aes lev:ed a assessed eya~~s! tfie ~bovs desc?ibed real esute. ~
f 6-Prem~ums on fi~e and windstorm inw~a~t~ as hsrein ~equ~red to be u~ried cn the imp~ov~menri sitwfe on the above desvibed pr~mises. S
C-Premlums on such ma?gge gw.snty iowra.,ce as mortgagee s4u11 from t•me to time deem fit ro urry on ~he ban secured htreby. F
Nbngagee sh~ll from r~me to t~me no~ify mwtgsgor tn w.inng o( tht amovnt due and paysbk hereunde~ and such wm shall therevpon bt due and'
~ , able on the due dare of ~he nexr monrhl
p v y p+yn+ent ~nd each successive mw~th thercafter ur.til matpa~e~ shall r+otiFy mort9apor of s chanpe in tuch
amount. Such aums shail be applied by matgsgee toward the payment oi real pioperty ta:es, insurante prem.ums, ~nd tyape 9wranty inwr~nce
premiwns.
IN WITNE55 YIHEREOf, the said MORTGAGOR hai hereunto ser his Mnd and iesl tM day and y ' t
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Sprwd. Sed~d and delivered in th~ pr~nce of:
~ - H g ~
_ • •n
` n
"_1~] r L _ ",c~%~-~? ~ arl s 3 r n
STATE OF FLORIOA , ' A~
COUNTY Of St ~.11G19 ~ ~ -i~~ - .
~T• }:~118T' r,
6.r«e m. p...«uuy .ppse.ad ' .
- Mnrlys .e sr - ' - .
his wNe, ro n+~ w.~~ knoivn ~Ra tn+ovrn +o w~.`+o b:: =
?M individwts destrib~d in and who ~xecuted tM fw~yoinq inst?uen~nt, and ~cknowledyed befa~ me that they executed ~tY~ ~.fqr th~ pur~os~f' _
?~?~~,.xa.,.~. ,~,d th..,~a ~~arl~s ~ieller . ~ • ~ ~
«He of tM s+id J • H e 11 T' ~ ' ' ' ' ~
exsm~nation by me tali~n ~e rat~ ~nd • rt from her wid husband, atknowi r~~h^~~~~ ~
p+ ps sdpetl ro~nd befwt m~ tF~at shs execut~d s~id Frotr"veMi~ ;hNly ~ viroWer
~ rer~ly ~nd w~thovt any compul:'an, cau~ra~nt, ~pprehe~ ~on, w feu of a from her said husband.
WIiNESS my h~nd ~nd officid stal thit day of ~e c e mbe r ~ w~D. ~ 19
~-~~e-t~ L~nc~~
Notuy Publit in ~nd (or tM St • of Fbrid~ N l~p~
My Gonwnission ~apir~s:
ltehrrn Ta ~ .,Z. - ry ~
~
Fint F~d Savinas 8 loan Associ+r~on
Of Fo.t P~erce. ~j L~D 4N~
fort Pierca Flwids SI. ~VQ~ C ROES ~
~ AOC~~Iq pQ;~l~lj
L~'
~r Q~ ~RR r ~ ~LO
• ~""~+'iC
~ This Instrument Prepared By Wm. 3raun ~ 1 .
First Federal Savings d~ loan As~pciatipr~ ~Q y~ ~ ~ ~
of Fort Pierce ~ 'lOT'1 Q r`
;
Checked By $~q- ' ~
352~4,~ _
~ . ~ae~~~. ?~..598