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3. To plu~ e~ eontinuousiy keep o~ ins bu~iui~yi ~bw ~ s~r:z~ist s~Tvsts or s::d Esrxi s::3 ~s r.i ry:e;:.~tr-~t ~e:~! ~.=~'r-'~~~•r :a~er¢d !l:is m~r!3-
~g~, w:~A •II p~em~umf thar~a+ pa~d in full, I~~e insur~nc~ in IM usva~ ~t~rdud polity (orm, in a ~um •pp~oved by ~he MOR~CaAGEE, and w~ncleto~m
fnsur~ne~ in tM uswl seandard po~~ey fam, in a wm ~pp~ov~d by tM MORTGAGEE, in sueh eompa~y or ~Mn~n~Of af ~M MOkIGAGEE rniy
dir~ct; and all fir~ ~nd w~nd~to~m insuranct pol~ci~~ on a~y of 1~~d buikluqf, any iN~r~ii Ihe~ein or pa~t thrreol. in th~ apgrcysre ~urn afwt~~id a
in ~xtta thereol, ?hali contain tl» usual standa~d ma~ppN cl~uf~ w tuth o~1w~ cl~uN at 1M Ma~9a9e~ m~y req~~r~, m~?inp ~he 1oi~ unde~ sa~d polf
de~, sach aod evtrY. payabi• ~o aid MORTGAGEE as ih ioterest may ~ppNr. ~nd ~ath and way ~uch po~~cy shall be promp~~y ais.yncd and de~~vered to
any htld by said htORTGAGEE as iwthsr ~ecurity lo u~d mat9ay~ d~bt, ~nd, nW I~ss ~han t~n (10) dsyf in advanc~ of ~M •apirat~w? ol exh pol~cy, to d~-
Iwer to Nid MORTGAGEE a ff~MW~~ 1~1f/QOI, topetF~ with • ~ectipt (a tM p~~mium oI ~uth rs~cwel; and ther• ~hall t» no f~re or wi~xi~io~~n insu~ante
pl~c~d on any of s~~d bu~ldings, any i~terest ther~~n a parl ~herwi, unleu in tM form and wi~h tM loss payable ~t alwesa~d; and i~ ~ht e~ent any tum
01 mon~y becomes p~Y+bte unde~ ~uch policy a policits s~id MORTGAGEE shsll Mw ~M option to receive and apyly the sarne on acco~nt o( the inde~red•
r»si wcwed he«by w ~o pamit sa~d MORTGAGORS to receive u+d us~ h o~ any part fhereof for oiher purpcsrs, v.~~?w~~ ~h-•• or w~~~~.,7 cr ~~r•pa~r-
in9 any p~ity, lien a r~ph~ unde~ a by virtw of this maty~pr. ~nd in ~M ~wnt said MORTGAGORS sAall fa ~ny ~e~son iail to ke~p ~he sa~d p~em~~ss so
insured, p f~il b deGvM pranpNy ~ny of aaid po~ieias of inw~anc~ !o sa~d MORiGAGEf, w fail promp~iy ro pay fu+iy any pre~nlum d~rro}or o~ +n •nr .
respect f~it to pe~fwm, d~achsrge, exetuts, elfett, complet~, comply with ~nd abid~ by Ihis tovenant, a+ny pa~~ hareol, sa,d MGRiGAGEE may piace and
pey fa tuch inivrancs w any part fhaeof withour w~ivinp w s1leteFnp ~ny option, lien, equ~ty, a riphl unde~ w by virtue of ~hcs Mw~gags. and the
f;,ll amou~~ of exh and ev~ry tuch paymee~t shall b~ i~runedi~t~ly dw ~~d pay+bk and thall be+r inM~est from the date thereof un~il poid a~ ~he ra~s ol
n~ne pe~ ten?um pe? annum and togNhcr with suth inte~est shall be tecured by th~ 1'Kn of this mwtpa9a.
1. To p~rmit, commit w wtfK ~o wast~. 4np~irment or detKio+~tioe~ oi taid prope~ty p a~y part thereof.
S. To pay all and sinyulu the costs, cMrges ~~+d e:pN+ses, indud~ng ~ re+son~ble ntorney i fee and cos~s of abstractt of title, incurred w paid at
eny iune by w~d MORTGAGfE, becaus~ or in tM •ven! of tM failu~~ on tM p+rt of ~M uid MORTGAGOR to du~y, p~ompNY ~~d fu~ly perlorm, d~xharge.
e.ecuts. effed, comptete, comply wilh and ~b:d~ by ~ach and every the stipulafions, +yreemenn, tonditwn~, and covenanls of seid praniaaory note and ~h~s
.,;orrgaye any w ei~Fx~, and u~d costs. charges and e:pense~. each ~nd wery, ahaU immedutely due and paya5le: whether or no? therc be no~+ce da
m.and, anempt to collect or tuit pendin9; and tFx fvll amouM of e+ch and we?y svch p~yment ~hall bear interest f~om ~M tlale lhereof until paid a1 ~he
r~re oi n~ne per crmum pet ~nnum; and all said costs, cha~9es and eaptoks ~ncurred or paid, together w~th such in~erest, sMll be securod by the Gen of this
mortg~~.
6. That (s) in the svent of any breach o( this Mortpap~ a default on th~ part of 1he MORTGAGOR, or Cb) in tM event any oi ss?d iums of money
herein re(erred to be not promptly +~d fvlly paid wi~hin ~h~~~y (30) day~ nex~ af~er Ihe same uverally become dve and payable, viritiwut demand or notice,
or (c) in ths event each and every tha stipvas:ans, sgreamar.sc, cand•.siora and ca•.rQ~snts ol ss~d promissory note snd th:s mortgage any w eitAer are na
iuly, promptty ~nd fvlly perfumcd, discharged, executed, ~ifected, compitt~d, complied with ~nd abided by, then in e~ther w ~ny such wem the se~d ag-
gregate wm mentioned in iaid promiswry note then rem~ining unp~id, witA inlKesl ~ccrued. ~nd all money~ fecured Mreby. ?hs~l b~come dw and pay-
ao'e forthwi~h, a thereateer, at the opf~a+ of said MORiG!!GEE, at fully and completely ai ii +11 oi the sa~o sums of money were w~gin~lly tt~pu:ated
to ta Fa:d on sucfi day, a~yth~~g in sa~d p.omissory note or in this Mwtpa~e ~o the contrary notw~fhsund~ng; and tbereupon or thereafte~ ai the op~~on of
s~:d MORTGAGEE, w~thout nor~ce w demand, suit at law a i~ equity, therefore a there~iter begun, may be p~osecuted ss if all moneys tecured he~eby
h~d maWred pnw to its institutwn.
7. TMt in the event thst at the beginning of or at ~ny fime pending any auif upo~ this Mortgage, or to fwlelose if, w lo reform it, o? to enforce
paymcnt oi any claims he~eunder, uid MORTGAGEE sMll apply to the Court hsving juriad~ction thereof for the appo+ntment pf s Receiver, wch Cour1 shall
furrhwith appoim a rece~~er of u~d v:atgayed prope?ty all ~nd firy~lar, includ~ng all and singu~ar the income, proilts, is~uai and reve~ues from whatever
sc~rce derived, each and every of whKh, it beinp expressly unde~~tood, is hereby mor~gaged as if tpec~fically,set fa~k and deacribed in the g~~~ring and
habendum clavses hereof, and s~th Receiver ahall have +II the broid and effeaive funawns and power~ in anyw~se'e~t?ui/ed by a~C6urt to s Receiver, and
s: ;h appointment shall be made by such Court as an admitted equity and a matte~ of ebsolu~e r~ght ro said MORTGAGEE, a~+d wit}auf relerence to the
adeq~acy w inadequacy of the value of the properry mwtga9ed w to Ihe sotvency w insolvency of said MORiGAGOR or the deh.mdams, and that such
r~•,~s, proi~ts, income, is~ues and rerenues shall be applied by such Receiver accord~ng ~o the iien w equity of sa~d MORTGAGEE and fhe practice of such
Court.
8. To dv~y, promptty a.+d fully perform, discharge, erecute, effect, mmp~ete, comply with and ab'~de by each and every the st~pulatioris, agreements,
cor.ditions and covenants m u~d p?omisso+y note and this mortgage set forth_
9. That in tbe event the owne~ship o1 the mortgaqed premises, w any part thereof, becomes vested in a penon other than the MORTGAGOR, 1he
h•~RTGAGEE, its successo.: and sssigns, may, without no?ice to the MORTGAOR, deal with such successor w succesw. in interesl with re(erence to this
mo•~gage and the debt hercby secured in the same manner as with Morl9agw without in eny way vitiating w d~uha~gi.ig the Mwtflagori Iiability herr
under w upon the debr hereb/ setwed. No sale of the premises hereby mortyaped and no fwbearante on lhe part of the /AORTGAGEE p its sutceswrs
cr ass~gns and no extenrion of the t;me for the payment of the debt hereby secured piven by the MURTGAGEE or its svctessws w ass~gns, shall ope~ate
ro re~ease, d~scharge, modily change a affec~ the ory~nal lisb;f~ty of the MORTGAGOR herein, either in whole a in psr~.
10. It is spec~(~cally agreed that time is of the essence of ~his contrad and fh+f no waiver ot a~y ob~gst~on hereunder w of the obligstion sr
c~red hereby shall at any time thereafter b~ held to b~ a w~iver of th! terma l~ereof or of tht instrument secured herby.
11. In add,~~o~ eo the (oregobg monthly ~paymen~s of prir~ pal and interest ~equ~red by the p?omissory rare secured hereb f, morlga~or covenants
a^d agrees to pay eo mortgagee with each monrhly paymeM tn adduional sum estirrtated by mortgagee to be equal to 1,'12 of the annuai ces~ of tfie follow-
~ng:
A-All real property ta~es levied or assessed aqai~st the above described real estate.
B-Prem.~ums on f~fe and windstorm insurarce as herein req~~red to be carried on the imp~ovements situate on the above descr~bed p~emises.
~-Pre: :i;;:r.s a-. svch iT.A'!y^3~C y^Jaranty i:surecce as mortgsgee shall from t~me to time deem fit to carry on the loan secured hereby.
I Mwtgagee shail fiom time fo ~ime notify mortgagos in writing of the amou~rt due and pay+bte he~eunder and suth sum shall thereupon be due and
~ ~3yab~e oo the due date of the next month!y paymenl a~d each successivq month there~fter urtil mortgagee shall notify mortgagor of a change in such
ount. Such sums sF.all be applied by mwtgagee towud tFie pa/ment of real property taxes, iosu~ance prem,~ms; and mwtgage guaranty insurance
; •emium3.
~ IN WITNfSS V~FiEREOF, the s~id MORTGAGOR has hereumo s~t his I~a~d snd seal tfie day and year first afo?esaid.
~ Signe~l, Seale d ivered in the resence of: ~ /
, ,L ,ry
4 - - ZO ~ e (Sea4
. - - ti"'~'''`~' ~ tseaq
-b"I~ • •
:tit ~it-t!~_e lTfl ~ ~ ' / z ~SeaQ -
S~~TE OF NFU.' y~p K ~
S5.
COUNTY OF HaNR e+E
j 1.~~~w11
oeiwe~rt~l,pf~~w~N1~: wf+f~es~e~i ~ S~a a°- - s.^.3
Glnrii H~ H{1~11-------- his wife, to me well known and kna+vn to me to be
the indivldsials dewibed iff~ ~+d who exetuted the fweyoirg iiutrvmtnt, and stknowledped befwe me that they executed the same ior the purposes
.x~s~b~t
r~?na ~!k ;~d.;.• ~3lozia H. Hm1~e11
r.~fe of,1M sai~'' ~1=OZd .j. ~tl~. ~pon + sepa~ete s~d privat~
e=am~naY bken sep~Dtt"7Od apart from her ~id husband, adcmw{edped ro and befort mt tMt she exr_uted taid instrument freely and vo~urt-
ra~~~y ~d "wit. _any eoMp I~dpp constr~inl, app~ehension, or feu of or from he~ wid husband.
VYIT^i~{~SS. my han~{-~~'
.~~itisl seal ~h,: r 3 day of ~~l / A. D. 19_~
g~. t , ~ . - ~
, L,
1 - _ Nobry Publit in snd r the Sta/t~e oQf Fbrida st larye
s~, • . My Commistion ~xpires: ~/3G/ i y`.`.
~ Return To: D. KFl~ES
~ first Fedeal Savi~gs 3 loa~ Assxiation . : . . . . _ . 1^:~• V~(~
Of Fcrt P~erce.
. . . -
~ fort Pierce, Florida . , p 3
a7V~~~ i,~.:::,c.~...,..... i ~i.,r.:i .;:3. 19.70 =
This Instrument Prepared By RObett J. BvaDS~ JY. ' ~~p wQ ~E~pRDEO
First Federal Savings 8 Loan Association ~UCi! COIt TT flA.
oF Fort Pierce 06ER POITRA
Fort Pierce, Florida 33450 ^t f RK Cti+.CU1T U
YEFIFIF.Q
~•,n.ked By ~b{ O ~ ~n ~Y~i ~ ` ~O 1 ~1 x
1
BGGt~ ~il~ rACr 5~5 sh
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