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3. To plac~ and conrinuously keep on the bu~!d~.,fli now w hcrealta? ~efoate on seid la~d and on ~11 equ7pmcnt ~nd psrfonally covered by Ihi~ mwtp~
p~, with •11 prtmwms the~eon pa~d in full, I~re inivr~nce in ~hs usual ~ts~~dsrd poYcy form, in a•um approved by the MOR:GAGEE, and wind~tam
inwrance in the u~wl ~tandard pol~cy torm, in s ~um appro~ed by ~hs MORTGAGff, in wch company or compan~es ~s th~ MORiGAGEE m~y
d'aectj and alt fir~ and w~nJuorm insu~~nce polK~sf on u~y o( s~~d bu~ld~~ps, any ints~ssl therein o~ puf thereof, in th~ apq~syat~ sum ~fo~eaid w
in ~~cces~ ~Mreo(, shall cont~in tM u~wl s~a~l.?rd mor~gapae claus~ w such o~he+ c~evss as ~M Mo~ipeyee may req~~r~, m~?inp tM tou unda sa~d poli- ,
c~sf, each u~d eve.y, payable ~o s~id MORTGAGEE as ~h lnteres~ may appea+, ~nd cach and every such poiicy ~h~tl be pramptly •u yned ~nd ds~:ve~cd to .
u~y held by said MORiGAGEE as 1u~~her :ccu~~ry io sa~J n:or~gags deb~. and. ~ot le~s than ~en (101 dayf in sdvanc~ ot the expir~~io~ oi each policy, Io dr
liv~r to uid MORTGAGEE ~ renewal ~hereof, ro~e~her wifh a rece:pt fo~ the ~aemum ot such ~cnewal; snd there fMll b~ no i~~s or w~~xl~to~m intur~nc~ ~
pl~c~d on ~ny of tud build~ngs. ~ny imcrest ~here~n o~ par~ thereof, untess in the form and w~ih tM lo~~ pay~ble ai ~(w~s~id; ~nd in ~Ik evenl any tum
o~ ~~y becomet payable v~de~ s~,ch policy w polK:es said MORTGAGEE ihall Mw ~h~ opnon ro receive and spply 1he ume on account of the iixlebted~
Mff 3KV~ltI M~@by or lo permit fa~d MORiGAGOR$ to receive artd uf~ it or •ny parl thereol lor o~n~•r pwroses, withou! tha~eo~ waivi~~g o~ nnpai~-
iry any equ~ty, Gen o~ r~gh~ under w by virt„e of ~h~s morlflaye: and in ~he evem fr,d MORTGAGORS sAsll fa any re~wn fatl to keep the said premisei so
insvred, pr fsil to de~iver prwnptly any of said policies of ~nsu~ance to sa~d MORiGAGEE, or ia~l promptly ro pay fully iny pre~ni~m therefw w ih any
respect fail b per(orm, d~schcrge, eaecute, etlect, complete, compty with e~d ~bids by this tovenant, p any pa~t hereof, s+~d MORTGAGEE may piac~ and
paY fa fuch inswance w any put thereof wnhout w~iving a afledinp any option. lien, eqviry. or ngM undm a by virtw of thi~ N?ortgaqe. and tht
full amovnt ot each and er•ery such paymenf ahatl be immcdiately d„e and payable and shsll bear inrerest from the date ~hereof umil paid ~t the rate ol
n~ne pc~ ten~um pe~ ann~m a~ to~etht~ vrith futh inte«at shal~ be secured by the I~en o1 thif mortgage. •
1. To permit, tommit or suffer no waste, impa~rment o~ dcterioration of said prope~ty w any parl thereoi.
S. To psy atl and sinyuiar the costs, cha.ges and expenus, includ~ng a reaao~able at~wney't fee and cosb of abftrads oi tille, incurred or p~id at
eny time by aa~d MORiGAG;E, because a in the event of rhe failure on the part of ~he said MORiGAC~pR to dvly, promptty and fully pQr}wm, d~xMrg~.
e,ecute, eifect, comptefe, comply w,th and ab:de by each and every the stipulat~o~~, agreemenrs, cond~tioni, and cove~ants of sa~d p~om~ssory note and th~~
mortgsye any o? e~fher, and sa~d tosts, charges snd eapenses, each and every, shell be immed~ately dve and payable; whNhcr or not there be notice d~
mand, attempf to coltect a suit pend~ng; snd rhe full amovn~ of each end e~cry such paymenf ~hall beu ;nrerest from ~I~e dare thercof umil paid al the
rare o( nme per cenrum per anoum; an~+ all said cosrs, charges and expenses incvrred w paid, together w~th such intere~t, ihall b~ setured by the lien oi thia
mort9age.
6. That {s) in ths evenf of ~ny breach of Ihis Mortgage w defaull on the part of the MORTGAGOR, w(b) in the event any of ss~d sums of mo~ey
herein ?eferred to be ~ot prompriy and fully paid wiih~n ~h~.ty t30} days nexf afeer ~he ssme severauy bccome due and pay~ble, without demand w notice,
or (c) in the evcnt each and every iFK suputat~ons, agreemeMS, co.~d~t~ons and coveaants of sa d promiswry note and th:f mortyage aoy or eitl~er are no1
~uly, promptly anc! fully performed, d~uhar8rd, e~ecutrd. elFeceed. cornp:r~rd, cwnp±:ed w+rh ar+d a~~drd Sy, then in e'sther or any wch event th~ aa+d a9-
g~egate sum ~nem;oned in sa~d prom~ssory ncre then rema~r.ing unpaid, wi~h interrv accrued, and aU moneys secured herrby, shafl become dve and pay-
ebte forrhw~lh, o. ~hereairer, at the opt~on of sa~d MORTGAGfE, as fu7ly and comptetety aa if atl oF +he sa~d sums of money were or~g~nalty ir~pubred
to be pa~d on ~uch day, anyt~ing in sa.d pro~n~ssory note or in this AM1ortgage to the conerary notvvithstand~ng; and there~pon a thereaitm at the op~~or. of
said MOQTGAGEE, w~thout ~ot~:e o? demarxl, su~t at law or in equ~ty, the.eFore w fhereaitrr beg~n, rnay be proaecutcd as if all moneyt secu~ad hereby
had matured pr~o~ to ~~s institutwn.
Tha~ in the event rhat at ~he beginning of w at any ~ime pend~ng any suit upon ~his Moregage, w to foreclose it, or to re(wm it, or to enfo•ce
payment of sny cfaims hereunder, sa~d /dORTGAGEE shall app•.y to th~ ~o~r~ havmg ~unnd.ct:on ther~o! ior the appointment of a Receiver, soch Court shall
iorthwith sppo:m a r~cei,.er of said mortgaged property al~ and sing~;a~, i~ctvd n9 ait and s~ngu~ar fhe income, pro(as,- iss~es and revenues from whetever
wurce derived, each eRd evcry of wh:ch, ~t bcmg express~y undentood, is hereoy mortgaged as ~f specd~calfy xt fath and deuribed in the yra~tioq and
habendum clauses hereof, and such Qece~ver sfiatt have ail the b.oad and effEK+:+e f~nct.a:s e~d por.ers in anyw~se entrusted by a Cou~t to ~ Receiver, •nd
s~ch appointme~~t shal! be made by such Co~rt as an ad~nitted equey and a matre~ of absoture r!ght to said MORTGAGEE, •nd wiiFwut ro/erente to the
edequaty or inadtq~acy o1 the velve of fhe prope~ty martgaged or to the io.vrccy or ~nsciventy oi said MORiGAGOR p the de(end~nts, and that suth
rems, prof,ts, in~ome, iasues arxl rc~enves ahaii be appiied by such Rece~ver. accorci,~=g to ~he Len or equ~ty oi said MORTGAGEE ~nd the practice of such
Court.
8. To d~!y, prompt!~ and (u!+y perform, d~s;t:arge, e<ec~~e, eiject, comp!ete, com~iy w~th and abide by each and every the stipuiations, agretments,
cond~f~ons a~d cevenanrs m amd promisso{y nose and rh:a mcrtgage se~ forth.
I 9. That in fhe evc~t the ownersh~p oI the a.ortgaged prem,ses, or any part thereof, becomes vested ~n a person other than the MORTGAGQR, the
1.'.ORTGAGEE, ~rs successois and ds~~gns, may, wl~hout ~ot~ce :o fhe .V.pRiGtiOR, deat w~~h svch successor or successor io inrere:t w~th relerence to thn
n•o•~gage a~d t1,~ d_bt he.ety secured in !6e aame ma~~n~r as w~th Mortgagor w~tho~t in eny way vihating o~ d~xh~iging the N{ongagora' lisbility here-
under or upon the debt herat~y sec~.red No sa'e of the p.en:n^s hareb~ rne•~gaged ar.d no forbeara~ce on the peit o1 ~he I110RTGAGEE or itt sutcesaon
or ass~gns and no exre~+s~on ot the t~me for the payment of ~~e d~b: hrroby seeured given by the MORiGAGEE or its successws or ass gns, sFall operat~
ro reiease, dacharge, mod~(y change or affect the o~+~.nel I~eu i:r~ of ~he MORfGAGOR I:ere~n, ertner in whole o? in pan.
10. !t is spec.ftca!!y ag.red that ~fine is of the e:ser.ce of rh~s comract and ihat no waiver of any obrgat~o~ hereunder or of the obligst'an se-
cured hereby shai~ et any time ~ncrraher be he;d to be a v.a~ye~ of the terms hereof a o1 the instrumem secured herby. ~
11 In add ~,-o . •o ~he fore;: ~:g monrh~y .^.arn._n•s ~f ~~c . a.
j~• and in~.~.est req~~red b~ tht prom sscry ~ore secu~ed hereb~, mortgagor ~ovenants
a~.d ag.ees to per to r crry,~;ee n~ t~ ra-n ; ~.;rh { •t„~ „n a~i: .una~ s,~~n . er~~ mortyigee to Er eq~a' to i, !2 of tie an:,~al cost of the fol:o,n-
~n~:
A--A'~ ~ca{ Frope:~y r3.es ~ev~_•: or au_~s<._•:i a~_,~s! t~: at3ve desc~;~cd re.t esta~e.
8 Fr_~.. -•s on f.re acd r.:~:d=r., .ni~_.,~ ~e as i~c•re:n r,q•,,.rcd to cr carr«d cn !F:e , r.r•cve~:e~ts s~t~ate on the above desv~bcd prnmiaes.
C-Pre~,..~r.s o~e c,;ch ~r.;;:+~;;-v gva•ar,!y in5:r.. as r.~c.~+.~.~:•~.• ShJ.i fr
_ • N o•^ r ~:e ro r.- • deem fit so carry u,. the toan secwed i,ereby.
Mo:rgag•~r s~,'~ f•_.~n r: •,h !o r~.-r nnr,t, ;..c•t•~.,ger ,n ~.r ..n~ of the a--~a~•~r d,~e and R~Yabie here~ndar and such so~n sha;l thereupon be due and
;..+yab(e o~ •h~• :i.n_ d:~~ ui sh~z r.r.r .,..cTh.y ;t e•.d eac~+ s•.cces<.~.e ^ c~:rh ri.erPafr~r ur fi~ mortgagee shalt nol:fy rnor!gagor cf a thange in svch
n~•:ovnt. Such s~~r.s st y:: ~>e ac~~ :,-d :,y mo+ega j.•~ tor.a•d the F:e jmen• of re;~ ;;roF:erty ta¦es, ins~.a.ue prern,u~r:s, a~d mortgage guarar.ly insurance
prem~ums.
Y/{T~VESS :'.H~R:OF, rhe yeid t~OR vAG~;~ has here~nto set h;s her.d and seai rne day ar,d ~ ar fi t a~oresaid.
Si~nec~ Sea~ed ar.d dyliver ~t ' ~e~'bf:
' ~ f~~fc .~s: ~f~:a~o~o ~
i Mf i CSS ST_ L'JClC C:l~1M~Y ft~~ ' t~, `>•,3-~-~ _ (Sesq
~ F.G~:': %~~'?~S fi.:~@3 .ri_i::~@T'
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(Seal)
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~ _ ~il-~F t_.~-__ a' CL~RR ('.'.F;UL U _y ~ ,i i.CL /-~i _ 1~ < - (Seal
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` ST~3E OF~Q~I~ :~er.t:tc~:~ ~ ss~~ g 56 7
~ ~OU'vTY OF ~'~r'1~ _ ~ Sa~~ / 16
j Befwe me penonrti~ appeared J`_i::e.i v. '_llia o r• _
' ' and
f I`.~nS@r----- h~s wife, to me well known and known to me to be
~ ihe ind~vid~ats desc.;bed ;n a~d who execu!ed the }Oregoiny ~nst.umem, end acknowledged before me that the~ execured the same for the purposes
T~
rnerein expressed. And the ~aid___________________. ~A .~.'-27.^-,@T'
I fi~fe of the sald --------`T`-'"'''~°_ C•__l:ir.ser--y _ _ xparate •nd priv~te
( e.am~nat[on by me ta:en yepa~ate ar,d apa:t ~ro=T~ her sa~d hustand, ecknowiedged to and before :ne that she execuSSd- ~i~.instrv~ent freeiy and volurr
~ ~en;y and w~thout any CCmpu~s~Gr., co•~:tramt, apprehens o or fear of or 4ronT her sai usband. ~
- / Q n ~ ` ~ ,-i -7L,
WITt:ESS my hand and e4frc~a1 sea~ th~s _ _ day o C` rn A. D. 19
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! Notary Public in and ~o~ j~t Sf~j X?$~.Yl.~s
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GZ7C•• ' "
' Retv~n To:
First Federal $av~ngf 6 Loan Associat.on Oi' :~@Z2~UCiC~ ~~~-~aj'~e
' Qf Forr P . , ,:Si CO::.'~' ~ y{•
:,=sion e~+~~`e;
cort D~.,rce. f;or~da ~ ~
- ' . . il ~ . ! t}' iv'.~..~~_~~
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~,y.... :d~ ~?i-:
k This Instrument Prepared By JG::2'i iti .!;o i:;;; ~ D
= First Federal Savings 8~ toan Association • ~
~
! of Fort Pierce ~ n ~:~i
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Checked BY - S~i,A~~ e2~