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To pl~n ~nd ca+~Gwwusly kNp on ?M buildirys rw~w a ha~aftK ~itwt~ on Nid lar~d ~nd on dl eqvipn+~m ~nd pNSOnally cova~d blr tl+t~ map~
a~, with ~11 pr«nium~ tMreon p~~d in (~II~ iin i~~w~nc~ in ~M uwal ~~~ndard policy foren, in • wrn ~pprowd by tlw MORiW?GEE, ~nd wind~tan~ '
iryw~nn in tl» vswt s~snda~d pol~cy fan~, in a wm app+or~d by ~M MOltiGllGEE. M wch compaey a canp~nta a ~M NWRTGAGEE nwy
dlnc4 ~nd ad 1in aid wind~~am kyurana pdiciH o~ any ol s~id bulidie~p~, MY M+tn~~~ thK~in w put t1w~o1, in /M apprpat~ swn ~for~Nid or
In ~caas IhN~of. thall conuin th~ v~wl s~andad matpapN dws~ or wch otMr claus~ a tM AAortyp~ m+y ~puu~. ~kinp ti» Ias urnla sad po~F ;
ci~ir ~acA ~nd wKy. wY+~ w~id MORTGAGEE a in iM~.a1 may app~a.. ~ed ~ac# and ~wry ~vcA po~kY ~hail b~ p.anptry~ ~u;9rnd ~+d d~ltv~r~d a :
~ny MW by wW MORiGAGEE ~s ~vr?Mr s~writy ro s~ld morpp~ d~W. ~nd. nw Itia ~hsn t~n (10) d~ys tn ~dvanc~ of ~M ~~pir~~ion oi e~ch poiicy. to dr r
IM? b NW MORT(;l?(iEE • rNNwal tMrwi. ap~~hN with a r~pip~ for NN pr~niun~ ol wch .~rw+l~ and ~Iw~ shall b~ ro f'u~ a wiodstam M+~w~ec~ 3~
pl~ad a+ ~n~r of aW b~rikxnpw a~y i~+taat ~hM~n a puf tM~wl. uelsu in tM lonn ~nd wHh th~ tou pay~bl~ a~(onssid~ a~d in th~ ~w~r ~n~? sww
of n~on~y b~can~s p.y.b1. w~dw wd+ potky a policws wid MORTGAGEE ~hall haw dw opran ro r~teiw ~nd apply ~Fw sarnt on acca+m d tM b+debted~
n~ss ucw~d I+K~by a a p~.mit ~aid MORTGAGORS a ~eceiw and ~w it a any pa~~ ther~of fo. od+m purpwa, wlda~t thaeb~ waiviny a unpai.- ~
bg amr puity. IiM a riyht wdtr w br vGh» of th4 mort~~~ ~nd in tM tvent sa~d MOltTG/1GOR5 ~h+ll fa any nason fail b kNp tFy wid pr+mias w
M.w.d. w f.~~ a d.i:w. a?«+wth +~w of aid policas of irow~nc~ fo said MORTGAGEE. a i~il pomptly 1o WY ~~~Y •Rr a«~+~wr+ rne.•t« w u?y E.
n~p~cf fail b pafo?n~, diuMrp~. ~a~cvt~. ~(t.N, ccmPbn. compiY wi?h and aWd~ by Mb cown+m, a ~ny pah hawf, sdd MORTGAGEE m~y p1~u ~nd ~
pqr fa. sud~ bawanc~ a anY part therwf wiN~out w~hrinp a aff~ctinp any opta~. IfM, p~iry. a.iph~ undK a by vlnw of tAi~ Mwtaap~. and tM
fv11 arno~n? of ~ach and ~v.ry wch p.yn+ee~ sM11 b. i~nedwaly dw •nd py.b1. •nd sA+~l b.ar int.?.s~ i.om ~h. d.n ~hereot un~il paid ~t th~ raN ol ~
Nr~ pa centw++ pM ~mwm ~nd tope~her with wc1~ intt~es~ ihalf b~ tecund by tM lien of this nwnyap~.
4. To pKmi?. Qoenrnh w tvffa r?o wa~t~. imp~Nment a d~teria~t~oo o( said prop~rty w u~y part ther~of. '
.
S. To pay ~II ~nd w~pul~r tM coatti charp~s ud ~xpa.?sei, includinp s n~son~ble attwn~y's f~e u~d wib of aMtracts of tiN~. incvr.ad w paid at ;
~ny t4m by ~aid NWRTGAGEE, b~ca~se d in rh. •v.~~ of ~M iailur. on ~M pur d rM uid MORTGAGOR a duly, promp~ly ~nd futly pKtam, d~schup~,
~:scua, ~ff~d, compkt~, comply with and ~b~d~ by. ~ach ~nd every tM uipul~t~a+s, apnamenn. oawlitions and cove~ants of s~id promissory not~ ~nd thq
mwepape ~ny or atha. and sa7d cosb.'"char~s s~+d ~aperaet, each ~nd ~wry, sh~11 bs irnm~diately dw u~d payabNr whethtr a not tMr~ b~ notic~ ds
nwnd, ~tttmpt to colkd or wit p~l:rg; ~rd tM tutl aenovnt of each and wery such p~ymsnt shall b~ar i„tNpt irom ths d~t~ tMreof v~Nl pafd +t the
nN of nine per cerNum pt~ ~~uwm; and ail said twts, chuyta ~nd expenses intwred q paid, lopethet with wch iN~retf, ~hall bt secvred by tM lien of thu
narqs~;' ,
- 6. Thal (a) i~ ths w«a of aey bresch of this Mony~p~ a def~ult on tFr part of tM M,ORTGAGOR, a(b) in th~ w~nt any of ~sid wms of mor»y
her~in r~ferr~d w b~ no1 p~omptly ~nd f~ly p~id_wirhin th~.ty (30) days next aher the sam~ uverally beco~++~ dw and payabb, without d~m~nd or r+otiu,
w(~ in the ewnt each and avuy tFa itipu4t~o.u, ayre~m~nt~. conditions and coven+~ts of sa~d pranissay note end tlas mor~ppe aoy a either u~ no1
~uly. promp~tr and fuuy pe.formed, d~scha~9ed. execu~ed. ~ttecred, compi~red. compGed w~~h and au~ded Sy, the+~ tn ~i~her a any svch swnt ~he said ag
pra~~t~ wm me~?tioned in said promiasory note then rema~ninp unpaid. with iroerest acuued. and aU mooeyi secwed I+ereby. shall b+comt dw and pay-
abl~ forfhwith, a thertafte~, at ihe option o( taid MORTGAGEE, as futly a~d complerety ai il +II of tl,e said sums of mo~y wer~ o.~g~n~~y srcpuls~ed •
lo be p~id on wth day. anythirg in sa:d p~omissory note or in this Mwtga9e fo the conn~ry notwi~haundiny; and thereupon w thereafte? ~t the op~ion of
aid MORTGAGEE, wi~houl no~Ke a demand, wit ~t I~w or in eqv~ty, therefw~ w thereairer be9un, may be prosecwed u if ~tl moneys iecured hereby
+Nd flMhlrli~ pfMf to iri N13titutiOR ~
7. Thaf in the event that ~t the beginning of w ~t any time pending any w~t upon this Matgage, or ro faeclos~ it, w to ~efwm A, or to enforp
p~yment of sny diwns hsreunder, ~aid NIORTGAGEE shall ipply ro the Covrt Mviry jurisdrction thcreof fw ~he appo~~tme~t of ~ Receivcr, such Co~rt shsll
fwihwirh appoi~t a restiwr of said mafyaged p+operty all and sirguU~, includ~ny all and sinyulsr the income, prof~~s, iuves and revenuia from whatever
~owu derived. each ~nd every of which, it beinp expressly understood. is Ae~eby matgaged a~ it speu(icdly iet forth and de~cribed in the p~~~tinp and
~ 1?sbantlum daus~s hereoF, ar?d wch Receiver sh~ll h~~e sll the broad a~d effective funce,oro end powers i~ anywise envusted by • Cou.t to a Receiver, and
such ~ppoiotment shall be ma~e by sucA Court as a~ edmi~red eQu~~y ar+d a~n+~ter oi abwlute ?igh~ to Hid N10RTGAGEE, ~nd w3+hout re(cre+xe ro ths
~d~qu~cy a in~d~qvacy of the vatue oi the property mor~y~yed o~ to the so:vency or ~~solvenc~ of said MpRTGAGOR w the defendants, and rhat such
rent~, profits, krcome, iswes and nvenues shall be applied by such Receive~ ~ctordi~~ to tht lien or eqvity of said MORTGAGEE and the practice of such
I~ Court. ~
8. To duly, promptly and fvlly perfam,.disch~.ge, exccute, effect, complete, comply with and abide by each and every the stipulations, agrcement~,
cond'naro snd covcnanb in said promissory note and thw mort9age set iwrh.
9. That In the event the ownenhip of the mwtgaged premises, a any part tFxreof, becomes vested in a person other thsn the MORTGAGOR, the
MORTGAGEE, in succeuws and assigns, may, witho~t norice to the MORTGAOR, deal with suth avtceuw o~ wtcessor in inrerest with reference to this
morty~ge and the debt hr~eby secured in the same manner as with 1Nortgagor withouf in any way vitiatinp p d~sthargny th~ Mwtga~o~s' liability here-
under or upa+ the debt hereby secu~ed. No sala of the premise~ hereby mwtgaged ar.d no fabearance on tt?e pa~t of the. MORTGAGEE w its succeuors
p auigns ~nd no extension o~ the time fo? the payment of the debt hereby xcured yiven by Ihe MORTGAGEE or it: successors a ~u~gns, .hall operat~
fo release, d~schaeq~, modify chsnye oI affect ths o~ig'~nat liab~lity of ~he MORiGAGOR herein, ~itFxr in wFwl~ or in part.
10. It h spec:ficatly agreed that Yvne is of the esxnce of. this contract and tMt no walver erf ~ny obt~gation M~~undr a of Ihs obligation so-
ou~ed hereby shali e~ any time thercafter be heSd ro be a waiver of ~he ~ermi hereof or of the insu~meM secvred herby.
I1. In add~tioa to the forego:ng moah!y paymenis of pr~nc pal and intcrese reqvired by the prom~uory ~ote secured hereby, mortgagor covensnts
and a9rees to pay to mortgagee w~th each monthly paymen~ an add~+~onal sum es~~mared by mwtgagee to be equal to 1/12 of the annual cost of thc follow-
ing:
A-All real property tsxes Itvied w assessed agai~st the aEove describcd real esta?e.
B-Preiniuma on firo and windstorm inswar,~e as he~ein requ~red to be carried on the improvements s+tuate on the above described premises.
C Premiums on such mortgage guaranty inw~ance as mo~tgagee sF»II from lim~ to time deem fit to carry on the ban sewred hereby.
Mortg~gee shall from time to time not~fy matgagor m writ~ng of ~he arr,ou~t due and payabk hereunder and such wm shall thereupon be due snd
payabk on tt~e due oate of rhe next monthly payment and each successive month thereafter ur,til mortgagee shatl notify mortgagor of a change in such
amount. $uch sums shail be applied by mortgagce toward the payment of real property taxes, insurarxe prem:ums, and matgage g~aranty insurance
prlrniumt.
IN WITNE55 WHEREOF, the ssid MORTGAGOR has hereunto set h~s hand and seat the day and sr first afaesaid. ~
Sipned, Sealed and delivered in tht presence of: `
~
~q
~adult (Seaq
~ ~Sesl)
STATE Of FLORIDA ~~,~;,;i~~~+~~~~~J%t~~ ~
~ St . Lucie ~ ss' :,-,1 : J•', -
. • . j
counm oF =
~ J /
I Before rn~ penonatly appeared Savannah McCartv. a sinale adult i'1~ ":T ~
to ~e well ~~~-~i ita_ to be
fhs indiridwls desvibed in and who executed the foregoing instrument, and stknowledged befwe ms thittFMri t~eat~~~aine: ~~fa pi?rposes
fherein expressed. ~ ~ ',~;l~-~--T ~T----
i ~
. •
WITNESS my hsnd ~nd official seal thi - day of A ry' d+~~~'•~`~~~~ a o. i9 7 7
. Q ~
Notary Public in and for Statt of Fbrida at lsrpe
~ My Commiuion exp '
Rewrn To:
Fint Federal Savingf 6 loan Association ~f~ ~C. S~IQ O~ F{p?1~i ~f (JI~
Of Fo.t P:eTce. ~ (pm~eps~ f~~a .
fwt Pierce, Florida ro~
•ore.r b M~.K.. fw a c,w1,, Ca~w~V
This Instrument P~epared By ~ZOl B. Buzt~s J~ s ~j 2~ ~M ~~7
First Federal Savings b Loan Association
, ~ of Fort Pierce , Rlorida , R /N~0 A~10 RECON~~~
d~(~ ~az g~ =T.lUt1E t9l7H*T, F LA. ~
Checked ey ~ ~ ~ . CLERKGC RCUIi~iGU1tT ~
REC~RO v~q~FtEO ~
~~v-~V VV .
~