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To plac~ ~nd contin~ou~ly kNp on tM build~npt ~ow p M~~ahN ~ffu~N on ~~id I~nd ~nd cn ~11 pulpm~~t ~nd pKwn~lly cov~r~d by Ihis ma1~
p~, with all pr~miw~a thaeon p~~d in iv~1, hn le~w~~ce ~n tM viwl ~t~ndud policY (orm, in ~ ~um ~pprowd by tM MORTGAGEE. and wind~iam
leawanc~ ln tM wwl ~~andard pol~cy f«n~, M~ wn? ~pprov~d by ~M JMORt(i1?GEE, in wcl~ winp~ny p cornpam a tM MORTGIIGEE nuy
dinctt and ali /M~ ~nd winibwn+~ imw~nq polici~~ on any of Nid bulld~eqs, ~e?y MNr~f1 tl~tin w pu1 IMr~of, In~ app~paq ~wn ~fa~wid w"
In tMrwf, sMll ca~taln rl» uswl aanda.d +na~ypN clwN a~uch ahw clauw ~a tIN MortpapN nwv rpu;r~. makinp th~ bw urKbr ~a~d po1F
ciN. ad~ ~d wMy. WYabl~ b~~id MORTGAGEE ~s it~ intKNt nwy ~ppea~. M+d ~acb ~nd wNy wch pol~cy ~hall b~ WanP~~Y a~.qn~d ~nd dtl'nM~d b~~r
aqr Mld by said MORiGAGEE ~s (vnAs. s~curity ~o said mortpps d~b~, and. no+ Ieia dw~ nn 1101 d~y~ tn ~dvanu of th~ ~xp4~tion of ~ach policy. to dr
liwr to sald 1NORTGAGEE • rtn~wd th~r~of, lop~~l~ with • r~c~ipt (oi th~ pr~miwn of wch r~wal~ ~d 1Mn ahall b~ ~0 (w~ w wir+ds~am inwranp
p~+c~d vn any of wid buildirqs, ~ny inrsr~W tMreie a par~ tMr~oi, unl~u tn ~M iam and wi~b ~M loss pay~bt~ ~s ~ta~uld~ ~nd G+ ~M ~vMt a+p win
o~ ~y oacomM PaYabl~ und~ wth polky w politiN said MORTGAGEE ~MII haw ~M option ro nc~iw w+d ~pply ~M w~ on «wwu of tlr Ind~bt~d -
rwu s~cw~d M~~by a b pe~mit s~id MORTGAGORS ro r~oeiw and vs~ N w any put tl?trtol fo~ other purpot~a, wirhout thaeb~ w~iri~p or rnp~k- ~
i~q anY ~q~?~h. IiM p rpht un(!e? p br virtw of thi~ mwspp~r ~nd in ~M ~wnt w~d MORTGAGORS ~hall ia aey r~awn f~il ro kMp ~M ~aid pr«niws w
4aur~d, o~ fdl b d~live~ prompHy ~ny of said polici~s of irowanu to s~id MORTGAGEE, w f~il pompUy 1o pay fv11Y a~y pr~miwn thN~fw a fn ~ny
r~sp~ct f~fl a pNfam, d~xhu9e. ~xecut~. ~fftc~, compl~i~. comply wi~h and ~bid~ by this covenant, w any put I,~~o}. uid MORTGAGEE m~y plaa ~nd
WY fa wch Irawanc~ a ar~y put thereof without waiv'ug or ~f(~ctinp ~ny optiw~, It~n, pvity. a ripht ~ndK w by virtu~ of tF~i~ JNortysp~, ~nd tht
fvll anwun~ ol each ~ed swry s~,cA paymMt ~hatl b~ imrt~td;~~ety dw a~d p~yabt~ ~~d ahall b~ar tnt~rsst irom t!w dNt ti~~o( vntil p~id N tM r~N o1
M~ pa aynwm pM ~nrwm and topsths~ wi~h such inttresl sMll be seturad by tM li~n of Ihis mort~p~. •
~ 1. ?o pKmi1, oonv~ut or su(ler no wut~, fmp~Gmenl w d~feriw~tion of ~eid propKfr pr ~ny put thN~of.
S. To pay all and siigula. th~ coui. ch~~pes u~d ~xpK?ses, includhq a naawubl~ ~ttorr~s fN and oost~ of ~baaacts of titl~. MKwr~d a pafd N
~ny fime by said INpRiW1(;EE, baau~ w in rh. ~wro of du iulwe on ~h~ pan of ~M aid MORTGAGOR ro duly. promptly Md fvlly p~rfwm, dncharq~,
~xecvt~. ~tf~a. comPleq. cwu~Ply w~rh and ~b:d~ by ~ach ~nd wery the ~tip~l~~iau. +9.eem~ms. oa~ditions. ~nd aowna~b o( ~aid promiuay r+ot~ ~nd thw
mortyp~ any a ei~hN. ~nd sa~d cosn, chuyes and ~xpMS~s, e~ch a~d ~wry. sMll b~ irnmediat~ly dw and payabl~t wMtlNr p not tlw~~ b~ ~wric~ d~
in~nd, attemp~ to cdkct or wit p~ndinp~ ~nd the full ~mo~nt of each and ~+rary such p~ymenf ~11 bsu 1ntK~~~ }ran tM daq tM~eof w~til pfid at Ihe
ra?t ot ~ p~r cN?twe per ~mwm; a~d all said cosM, sl+arpes and eap~oses intur~~d or paid, top~tha with ~uth intaqt, ah~l) b~ Ntw~d by tM li~n of tFw
rnortp~0~. ~
6. Thal (a) in th~ ~w~N of ~ny brtach of thii Matyap~ a defa~lt on t!r pan of th~ MpRTGAGOR, a(b) (n thi event any of Nid swm of mon~r
Aeretn nia.red to bs na prompdy ~nd fu1Fy paid wi~Fu~ Muty (30) days nex~ ~her ~hs sarrw seve~~lly becorn~ dw ~nd payabl~, wlthow d~m~nd a eotin. #
or W in th~ ~wm ~ach ard ~wry tM stipvlatio~s ~gnorrKnes, conditans and cownann of sa+d promisw~y ~wt~ u~d th~s mortpap~ ~ or ~itlwr ~n no1
, iuly. pomptly and fully p~rfam~d, d~xhar9ed. ~:ecv~sd, ~ffected, compkt~d, compli~d with ~nd ~bided by, t!»n in Ntl~ or u~y wch ~wm th~ ~a;d ap. ~
p?eyaN wm mentiw~ed in faid p~omisswy note IF~en r~main:ny unpsid, with inteaest ~cuued. ~nd all moneys wcured Mr~bY. ah~l) b~oan~ dw ar+d p~y- ~
f •ble twthwitl~, w therestter, at IM oprion of i~id MORTGAGEE, as tutly and completely at i( all oi the said ~wrq of morwy wert apinallp stipulated
to be paid on wch day, anythinp in sa~d p.omissory note w in this Mwtype ro the con?rary nonnirhst~ndinp: ud ~h~.evpon or thereahN t1+~ op~im of
~ u~d MWtTGAGEE, withovt nofKe a denwnd, wit at law a i~ pui~y, tI1Qf1FWt 01 IF~MNftN bepun, may b~ prowcuted ~ if ~II ~narys ~cvr~d hareby #
i had matwed prqr ro if1 ir?sritu/ion.
7. TMt in th~ ~vent lhat at th~ beginning of or at a~y time pending any w;f upon this Mat~~g~, w fo fweclou It, p to refo?m H, a fo N?fo~q
P+Y~~ of anp tbims herwnder. said MORTGAGEE sh~ll appl~ t'o Ihe Court Mvir~ jv~isdrction ~hereof iw tM appointmenl of ~ Recsiver. wth Court shall
F«thwith appoint • recsiver of said mort~~yed popertY ~11 and ii~gul~r, inclvdu+g all and singvtu ~he income. pof~n, Isw~f ~nd r~ve+~ws from wMt~vsr
wwo~ d~rived, each ~nd every of which, it beinq expressly urd~ntood, is hereby morrg~ged ss if apec~fically tN fath ~nd d~Krib~d in th~ pr~ntinp and ~
habendum davsts h~yeof, ~nd tuch Receiver shall have all the broad and tifecrive fvnnrons a~d pawen in s~yw~u eetrwttd by ~ Co~rr1 to • Receiwr, ~nd
~~ch appointment shall be made by uxh Court ~s an admitted tqviy ~nd a maner oi ~bsolut~ ~ipht to said MORTGAGEE, and witlwut r~fe~ent~ to tM i
~dequ+cp w in+dequacy of N~e valw of tF~ property mo.tyaged or to the wwe.~cy w 3nsolvency of s~id MpRTGAGOR or tl+~ def~ndsnts, and tha~ sucl~ €
' rems, p~ofits, incane, iu~ei ~nd revenwt ahall be ~ppl~ed by such Receiva accwdi~p lo tM lia? a puiry of saW MQRTGAGEE a~d tht p~~ctic~ of such x
Caxt.
i ~
~ 8. To dufY. promptlY end tully periorm, diuharge, execute. effect, complere, comply with and abid~ by each ~nd ~wry th~ stipulations, ~p~e~nn,
caditaeq and covena~n ~n sa~d promissory note ~nd this morfgage se1 fw~h. ~
~ 9. Tha~ in ~he went the ownersAlp of the morlga9ed premises. a any p.rt rhereof, becwne~ wsted in • perwn olhe~ th~n the MORTGAGOR, flr
~ MORTGAGEE. ht wccsswn srd aay~rb„ may, without norice a tl+e MORi~A~pR, d~~l wi~b ~udi uioce~sor a wporssor in ~nterpt with refer~ce ro thq }
mw~9a~e and the deb+ hercby secured in th~ sarns_manner as with Mor~ga9or without in any way vitiatin~ or d~schuyinp fh~ Mortpagon• liability IKr? ~
under a upo~ tM deb~ 1a.~by sewr~d. No wk ot the p.em~s~s Mrehy aw.lp~ped ~ wo io.bearaea on tl» p~rt of tM MORTGAGE[ oi~N wccesson
w auig~a and no e:iension of ~he time for tFr payment of tM dtbt he.~by s«ured ~lwn by ths MORiGAGfE or its wcc~asori or as~iana, rhall op~taq
ro rekas~. d~uharps. modify chanpe a affect ths orginal Ii~b~Gty of ~he MORTGAGOit h~.~in, ~itFiu in whole w in pan.
10. It b specific~lly agre~d d+~t time is of ehe essence of thia ca~tr+ct and~ th~/ no wshre~ of anY d>Ity+tion haeuoder o~ of th~ oblip~tion sr
cvred hvtby shatl at ~ny tima th~reaher be held to be a waiver of the terms hereof a of the initrumeM secured herby.
11. In add;ria~ to the fo.e~o:ng monrhlY p~vmems of prin~ pal ~nd interpr rpuired by ~hs p?om;sswy rwrs secured herebY. mortysgor covNUnh
a~d sgrets to pay :o mortgsgee wiih each monthly paymcnt an additional sum estimated by mortgsgee to be eqoat.to 1/12 of the annwl cost of th~ fol{ow-
in9:
A-All ~~al property ux~s Itvied or ~ssessed agaim~ tFK abpve dewibed real euals.
B-Premiums on fire snd windstwm insvrance as here~n ~equ~red to be carried on the improvemeits sitvate on ths above despibed premises. s
C-Premiums on such mortgage guaranty insurar,ce at mortgagee sFwtl from time to time deem fit.to carry on the ban secured hereby, ;
Mortgspee thatl trom tFme to time notify mortQagor in writing of ths anwunt dw u+d p~ysbk Mreund~r and such jum shall lherhipon be due and
Fay~bla on the due dare oF the ne,ct monthty payment and each successive month there~fter ur.til mwtga9ee shall notify mortgapor of a chanpe in wch
amounr_ Such swns shaU be applied by morfgaflee ~oward the payment of real property ta:es, iruurance prem:urty, and mort9sy~ yu~r~nty iMUr~ncs ~
p+emiwrM. . - .
IN WITNESS WHEREOF, the said MORTGAGOR has hereunro s~t his Mnd and seal the d~y N+d year finf afwpaid. }
SiOr~d. Seaisd and detivKed in the ptsence of: t
t
' - ~ , i1LEU RNO ~EGOS~EC ~ a
. _ _ - =T.lUC1E COUNTY FIA. M~ll~i~ HiZ rQ ~
itOCER POIYR~S ~ ~
. CIEItK CIRCUIT COURT 4 F
~ ItECORO YERIilEO ~ ~
STATE OF fLORIDA ~ ~ : ~ • - • ~
st. Lnd ~ ~ s~ 6 ~~.~j PN'1~ ~ = ~ • ! 18n~ ~ w ~
courm oF : '
. y }
s~fwe ms ~n«~~uy ~~ea~ed Yilliaa H. BazbaZt = ~ - . : H =
c--f-,rl «,a
lhrv 8. 8arbaro r,;s M,N.. 3p ';r„~A'~fo~A ~d~l,,,rv~
to A. ro b.
rhe ind,vidwb descr~d in ~nd who eaecuted ths fore~o~n~ Mst~umw? and ackrawledaed Mfwe me Nwt '~~t~`tKi {ahie f~ tly purposa
rherein e~ressed. Md th~ sa' ~I~ a• Bir~Z@ ~
Y \
w~~. ~ tlilliaa H. Barbare . , .~a
exam~n~tlon by me t~ken ssparste and ap+rt from he~ said h~nband, ~dcnowledped ro~~d b~fon m~ th~t sM exewted trument fr~ely and vol~n- ~
rarily and withovt ~ny compulsio~, constraint, appreF~ens~on, w f~ar of or from htr ~aid Fwsband,
WITNESS my hand ~nd official seat this lit d~y o{ A Iil A, p. 19'? ~
r ~
` t
Pu in tnd for Ihe ~at~ of ibrida at l~rp~ ~
Retum Ta MY ~~pirK'
e
F'ust fsdersl Savinp~ a loan Aasotiet~on
O( fort P~erce. ~j.~, p~ a0~1~ i1 ~w
Fwt Pierce, Fbrid~ ~~s~ E~f 3Q, ~
~,.,kw a. •....t~~ ~.e 4 Cw~r G"~Mr ~
2
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This Instrument Prepared By GiZy R. 8111?OOd
First Federat Savings b Loan Association
• ~ of Fort Pierce , Florida
Checked By l• (1, _ ~ ~ ~s
i ~:i)V PACE O~ ~
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' :;ft ti~,' ~
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