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To pl~c~ ~r+d conlinvouNy ka~p on ihe bu~!d~ng~ now w her~sfep s~+u•t~ o.~ sa~d Iand ~nd on aU equ~pm~et ~nd pHwn~tfy cov~+~d by tht~ ma~¢
r~-. w~!h a!f ;.••TE~~-~ .w«.«. i., l..n, 1:.. :..a...~~ :n ~M wu~1 a~.~dard poiicv fwm, in • wm •PVrcv.d by tM MORtGAGEE. ~nd w~ndtlam
insur~na in ~M usual ~~andard pol~cy fw~n, in • ~um approved b~ ~he MORTGAGEE, in sucA company o~ canpa~~e~ a tM Mt~K~~sAVeb ~y
d~nttt u~d all (G~ ~nd windtito~m i~iu+ance pol~ci~s on ~ny oi sa~d build~nq~. ~f1~1 If11HOf1 ~hereu? or parl Ihqr~oi. in IM ayq~sy~le ~uT ~la~said o~
In ~att~t thereof, ~MII co'~~in ~h~ usval •tands~d maegaye~ dsus~ a~uch o~he~ cl~w~ ~s IM Mor'p~yN m+y req~~r~, m~~inp tM b~f undM sa~d polF
ar, ~nd each ~nd evcr svch ~~c h
ua. ~ach ~od w~ry. paYebl~ eo ~~id MORTGAGEE ~ts inte~es~ mav +pPQ Y Po Y• all b~ p~omptly ~a p~d ~nd d~livt«d ~o
•~y MW by uid MORIGAGEE fv~~h~~ ~ecwity 1o faid mw~gay~ deb~, a~d, not leu ~Fwn tte (10l d~p in adwnce of Ihe ~apiration o! t~ch pol~ty, 1o d~
I~v~r ~o t~id MORiGAGfE • rer+ew~l ~hereof, ~ope~her w~eh • roce~Nt for ihr prqn+um ol tvch rsnewal; +nd ~he~e shaN b~ no hro o~ wind~~o~m i~wr~nc~
pl~c~d on ~nr o1 ~aid bu+ld~~y+. +~y imere~t 1lKie~n a par~ rharcof, u~less ~he (orm •nd w~~h ~h~ 10» p~yabl~ u sio~~?~~d; ~nd in ~M •v~nt +ny wm
o~ narNy becorn~s payabte u~le. ?~ch policv o~ poGc~es sa~d A10RTGAGFE ~hell h~ve ihs op?~on ~o ~ece~ve and ~pp~y the sam~ on •ccount o1 the ind~btsd~ C°
ne» ~ecw~d h~r~by o? ~o permit said MORTGAGORS ~o recriva and ute it or any part d~e~eo1 ior o~h.v pur;•os~~a. v.dho.it th-•. o~ wdivi~~.~ or unpak-
~ny any pvity, lien or ~iqh~ ue~de~ a by vir~w oi thi~ mor!Qsys: ~nd ~n tM ~venl ~a~d MORTGAGORS thall for ~ny ~eaaon f~il to ke~p ~h~ said p~tmiaq W
inwred, w fail ro dei~~.r promptly ~ny of sald poLues o1 inaura~cs fo ~a~d MORiGAGEE, or fa~1 prompely to pay fully ~ny p.e~n~um ~herofa w in a~y
~•.o.a 1ai1 w otrFpm, d~schu9e, fXKNtf. alfec~, can~ie~e, compl~ w~~h and ab~d0 Dy t~u~ COYQndfll, a•ny p~~r hareo(, ~aid nnGRTGAGEE may p~•c• +~+d ~
pay (w ~uch inw~anc~ or ~ny part eht~eof w~~hou1 waiving or •ffedin9 •ny opnon. lien, equ~ry, or r~gh~ unwr w ur •~~iw ~--~y~y" ar.3 !ht ~
full ~mount of each and OYtry iuch pa~~nem ihall be immcd~ately du~ and payable ~nd shall bea~ inferest (rom th~ date lhereo( vntil pud ~1 tM rat~ ol '
r~na pK centum p~t snnum s~d tc~gether with i~th ~ntrrest shaL be sec~red by ~M 6en of th~i mortpaye.
~T ~I~ M~.'~ij.w ~j r~..
1. ~O N. CpMlut p 1vi1M n0 w~~~~. i~~ nuw..: ..I w:v:.Ji:::'v:. v~ a:.:,a. _ t{~wr~.n{ .
5. To p~y atl a~?d sinq~lu ~h~ cos~~, cMrqa ar+d eapenses, ~nctud~ng a reasooabte ~ttaney i tee and to~ts of abstractf of til1~, incurred w paid a~
sny tim~ by said MORfGAGfE, because d in Ihe evenl oi ehe (s~lura on ~he oart of IM said MORIGAGOR to duty, promptly ~nd futly psrfwm, d~xharq~.
execure. elfect. compkq. comply w~~h ~nd ab.de by exh ~nd every the st~puls~~ons. agreemenn, cond~t~ais. and oown~nn of u~d pomiiwry ~ote ~nd thi~ .
mortgape ~ny a e~ther, snd s~~d tosts, cMryes and exprnses, cach and every, sh~tl b~ immed~strly due and psyabl•, whether o~ not the~e b~ eotics ds
m~nd, attempl to tol{Kt or suil perul~ng; •nd the 1u11 emount of tach and eve?y suth paymeM •hall bear ~MCr~st from the d~te thereof uotil p~id at 1M
~.~te ot nine per cen~um Ne~ sm~uT; end all ~id cusn, charges and expenses ~ncurred w paid, togetl~et w~th such interes4 ~hall ba tecured by 1M lien o1 thif
mort9~pt.
6. iha~ (a) in the evenf of ~ny brexh ot ~his M~xtgap~ a defau~t on tM pa?t of the MQ~TGAGOR, w(b) in ~he eve~t ~ny of is~d wm~ of mon~y
heretn ~eferred to be not pro.sptty a.xi futly pa,d w~rA~~ ~huty t30? days ncxt afrer The same seVe.a:~y beca»e due snd p~yable, wit?rou~ dem~nd or notice. `
or (c) in t1+a event each and every the st~pu'aho~s, agreements. cond~tior.= end corenants o} sa d prom~sso~y no~e a~d th:s mor?9sga any w either ae nd
iuly, procnptly and (~~Fy performed, d.xMrged, executed, effectcd, cwnpleted, compGed wnh snd ab~ded 5y, th~e in either w any ~uch eveM the sud aQ
gregat~ sum mentaned in said promissay note then re~na~ning unpaid, with interos~ accrued, snd all money secwed hersby, sha~l betome dw and pay~
eb:e fwthwith, o~ thereaf~cr, at the opnon of seid MORiGAGEE, ~s futly and comFle~ely as i1 all o~ the seid wms of money were or~ginally st~pulated
to be p~~d on such dav, inY~h~nq in sa.d pror+s,ssory note w in th~s Morrgage to ~~e con+.ary notw~thstand~ng; and ~he~eupon or ~hereef~er a~ tM optwn of
se~d MORTGAGEE, w~thout nm~ce or drmar.d, su~t at law or in eqcS!y. therefwe w thereahe~ bcgue, mny be prosecuted u if •11 moneys iacurad hereby
hcd malured prwr lo ~ts ins~it~t~on. ~
7. That in the evcnt th~t at the beginn~rv~ o( a at any t~me pending any suit upon this Mortgsge, a fo iaetlofe it, or to ~eform it, or fo en(wp
paymem of any ciaims hereunder, said ldORIGAGtE shail app~y to tFx Goun hav~~eg ~ur~td:cnon therrol fw the appom~mem of a Receiver, such Court shall
fonhwith appoint a recei~er of so~d mwtgagevi property ait end singu[sr, includ.ng ati a•~d singv~ar the income, prol~~s, issues and rerenues (rom whatever
w.,:ce-de?ived, each jnd every of wh~ch, it tx~r.g e~.press:y unders~uod, is Rereby mor~gaged as if spec:ficalty sN fw~h and deuribed in the yranting and
habendum d~vxs hereo(, and s„ch ReceiYe~ shais hav~• a!1 the braad and eHect:~•e funct.ons and paxen in anywlse eMrusted by a Court to a Reteiver, ~nd ~
s~ch appo~ntment ihill be m.ade ty st,ch Cov~t as an adm~n~d equey and a matre~ o( abso:ute nght fo sa~d MORiGAGEE, ~~d wi~hout rcference to the ~
edequacy or inadcq~ac~ ot ' r va.~e of the prope~ty mor~gaged o~ to thr so:vency oi mioive~cy ol said MORTGAGOR w the defendants, and ?hat such i
~e~ss, profits, income, iss ~ revenues sha? be appGed by such Rece~ve~ accordu~g to thr fen or equity of taid MORTGAGEE and the practite of such -
Coort.
8. To duiy, prpnpr y pnd fully p~rform, discharye, e:ecute, effect, complere, campty wifh and abide by eath ~nd every the ftipuiafiona, agreern~nts,
condltions and covenann ~n sa~d promisswy ~ote and th~t mor~gege set iqrth.
9. Tha~ in the event the owr+ersh~p of the mo~tgaycd premises, a any part thereof, becomes vested in • perso~ other thsn the MORTGAGOR, tM
M.ORTGAGEE, its succeswrs and auigns, :nay, wiitwut no~~ce to thr MORiGaOR, deet with such sutcessa? or successo? in interdt wifh refereoce to thi~ ~
. ~.•^y~y~ 3-~y~ .Ir ti~,G?~Y ~1.. a_.... m.~nn~r aa witl~ Mnitni~nr withouf in anv wdY VitiatNlO Of dift~f0~114 ~~N /~Of1W00(~ ~1~bilitV ~1tIO~ ~
~nder a upon the debt hereby secured. No sale o( the prem~sea hereby mortgaged erd no forbearance on the part of the MORTGAGEE w i:s suctesson ~
or assignf and no extension of the ti:ne tw !he payment of the debt he~eby sec~rrd given by the MORTGAGEE or its suctessors or ~ssigns, shal rat ?
ro rdease, d.scMrge, mod~fy charge or alfect the orig,nal tlwu,t~?y of the htORTGAGOR herefn, e~tner in whd.e w in part. ' #
10. It is specificaoSy agreed that time ia of fhe essence of this cont~act and that no waiver of any obt~gat~on here~nder or of the obtiystion se- 3
c~rrd hereby shal~ at ~ny time thcredter be held to be • wa~rer of ~he ferms hereof a ol the insrrument secu~ed herby. - ~
11. In add~~~on to the fwego'ng momhiy peym-nrt o1 piu~c'paf and inreres~ requved by ~he ptom:ssery note secured hcreby, mor~gagor covenants
j~d agrees to pay to mortgeget vv~~h each month:y pa~nunt an edd~nonal su:n est,rt:ated by mo~tgsgee to be equst to 1;- 12 of the annual cost of the follow- 7
inr;. '
A-Ali reai propgrfy tax.s kv~ed or assesud agai•~st thc a6ave describcd real estate. ~
8-Prem~um: on tire and wir.dsrc+m insurance as herein requ~red to be carried oo- the tmprovements sitvate on fhe above desc.~txd premises. ~
C-Premivrna on such ma~tgage guaranty insure~ ce as mortgagre sha:l from time to time deem fit to tarry on the loan secured hereby.
Mlortgagec sha:~ !rom nme to fime no!~fy mortgagor ~n writing of the amount due and piyabfe hercund¢r ~nd such surn shall t:xreupon ix due and ~
cayable on the dve dafe of ihe neat month:y payrne~st and each successive month thertafr.r urtil mortgayee shall not~ty mortgagor of a change in such :
a-.o~nt. Such sums aha!! be applied by mortgagec towa~d ~he payme~t of reaf property taxes, insurance prem;ums, •nd mortyage gu~ranty insur~nce
<rem~ums. ~ ~
If~ Y,f1iNES5 :IHEREOf, the sa:d MORTGAGOR has hereunto set his hand and seal the day and year st ~otesa
ned, Seded and d ered in the preserxe of: _
~ ~ ~Kp HECOROEO ~
i F IlEO Glen Ca nte r
Sj,LUC1E COUN~Y F~~- (Sean
i _ _ l _ " ROGEa POITIIAS - -
~ . %.-~Z ~ ,~1- : : ± ~ ri r CLERIC C~~CUIT COURT
RECORO Yf_P~f'~~' orma J. n
- - - ~N i
~ / , f
~ ~ ~ 1 y n I~`,
! S'ATE Of FIORIDA ~ ~,.Q , ~ " 1'Z 1.~:....~. .
~ St . Luc ie ~ ' ~
j ccu:~nr oF - ~ ~ • ' n ~r
~ Befwe me perwnally appeared Glen Carpenter 3~04~~ '
f Norma J. Carpenter his wife, ro ~„R~
i~~,.~a ~+or:Q~a~w b. -
! the individva~s desuibed in snd who executed the foregoiny i~strument, ~nd acknowSedged before me that they eiswtetl tttd•~rn~ EOF~'pur~Otes
` NO~, J Ca
• rpenter - - . O:~' - -
' Glen Car nter ' -
~„r~ or rr~ ~~a - - .Pa ~±••..+rw~+e>>~d'a~~~~~.
e•amiMtiW1 by me taken separate and apan from her seid husband, acknowkdged to and befwe me that she e:ecuted sa~d instr~+iEAtffiety ~nd volurr
~ fanly and w~thout ~ny compulsion, constraint, eporehens_on,,w fear of o~ from her id husband. ' ' ~ r~
~ WITNESS my harxi and oific~al seai this_ _ day of ~ ~ A. D. 19 ~ ~
' `
~ ~ 1 ~ i ~ ic- ~ ~'C - ii %!/`i7
e Norary Pubtk in a~d for the S~ate of florid~ at larye -
; My Comm~ssion ~xpira: _
2 Re+urn To: ~t~ry P~K, Sut! O~ V~ _
~ F~,p F!ck•+~! S.v~n.rs A~ la.n Aawceation y C4,~~ssio~+ ERpres D«. ~3. _
? - - M ~,j Fs~ a C..++r ~NM ~
~ k~~ ~.w~c« i
; Fort P~erce, flor~da
~ :
T1'tL.E GORP~RA~~N *
g ABSTRACT Sc
This Instrument Prepared By R. E. Poindexter pF F"LOR~~~
~ First Federal Savings & Loan Association gT. 0• B~X 3O9a
~ of Fort Pierce~ Florida 24'S 5• Z~J~ ~pRIDA
~ ppA? PIERG
s Checked ey ~
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; . _ E t~ 265 ~ ~9 _ . .
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