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~ To plac• and continuou~ly keep oe ~h~ build~ngs now a her+~ftK uw~N o~ s~~d land and on all equipmenf and p~rwnslly covaed by ~his monQ-
p~, with ~1) premiumt therew~ p~~d m full, fin insurs~x~ io t/~ utwl t~~ndud pobty fwm, in • fum ~ppro~~d by ~ht MOR~GAGEE. •nd wmdstwm
iniwa~+t~ in IM u~ual aandard po~~ey lam, in • sum ~pprovtd by eM MOR~GAGEE, i~ tueh eomp~ny or ea~+pan~~~ ~s iM MOkIGAGEE may
d;r~etl ~nd ~11 1G~ ~nd w~nd~~orm inw~~nu policie~ on ~ny of tsid build~nqf. any Ini~resl tMrein w parf ~he~co{, in IM ~9y~eQate ~um ~fueaid a
In ~xttss thereof, shall conl~in ~M vsual ~tandard mw ~ya9e~ clauN a ~uch aM. c~aus~ tM Mo+ty~9N may r~q~,r~. m~?irp the io~ti ~ncJa •+~d pol3-
ciN, ~xh ~nd evNy, payabl~ ~o iaid MORTGAGEE ~s ~t~ interesl may appw, •nd ~ach ~nd ~vtry svch policy shall bt p~omptiy yntd uxl de~ivtred ~o •
+ny MW by t~~d AM1ORIGAGEE fu.ihe? securiry to s~Id ma~ya~ .kbl, and, not Na thae ~~n (10) d~y~ in sdv~nce ol ~M •xpir~~~oo of each poi~cy, to d~-
liv~~ to seid MORTGAGEE • rtnewal tMreof, loptlher with • r~c~~pt ta tht pr~mivm of ~vth r~asw~~; and ~hen ?hatl bt no f~re or w~~d~ro~m inturaot~ •
PIK~ Ofl My of ~sid buildi~~~, iny int~rqt Ihert~n w pa~~ tMr~of, ~nlti~ in ~Fw form and with 1M loa~ pay~bl~ as afores~id; ~nd i~ ~he event any tum
of mon~y beco~r,es payabl~ ~~der ~uch policy a policiei uid MORTGAGEE shall Mw ~i~ option ~o receive and appty ~M unN on accou=~r of ihe irKleb~ed
~eu s~tur~d hKtby w ro p~rmit said MORTGAGORS Io receive and ut~ il ot any parl ~hereoi Iw othcr purposes. .v~ino~r ~h~.. ur wai., c~ ~•,~pau-
~~+g a~+y equiy, tien w righl uncie~ p by virtw of thif mortqa9e; and in IM ~v~n~ w~d MORTGAGORS shall tw ~ny reawn f~il to keep rhe ~a~d premcus w
insured, or fall ro deliver promplly ~~y of taid polKies of i~wranCS lo ~aid MORTGAGEE, or (ail p~omptly to pay tuily any prrm:um Iherefa a in a~y
rsipect fai) b p~rfam, dixharge, executs, ~1(ec1, complat~, comply wilh ~nd ~bid~ by thi~ coven~nt, a My parl hereo(, said MORTGAGEE may plsce a~~d
paY fw wch irouranc~ a ~ny ps?t thereof without w~iviry p~(factinp any opt~on, li~ey pu~ty. a riy~t unde~ a by vu~ue of this Mor~yags. and thc
full amou~t o} each and every s~ch paymsnt thall b~ iiruncdi~tely dw ~nd p~yabk and ~MII bear interes~ from the date thereo( until paid at the rate of -
nins per c~ntum pe~ an~um and tog~ther with such intereft s~all bs iecured by th~ li~n o/ this mony~.
1. To permit, cwnrrut w iuff~r no wast~, impai~ment a de~erioration of said propNty o~ ~ny put thcr~of.
S. To pay ~II ~~d dnyvl~r tlk costs, chug~s ~~d expenses, including • reason~ble ~t~a~ey'~ fes ~nd co~tt o( abst~acts of t~fte, incur.ed w paid at
any time by said MORiGAGEE, becws~ a fn ths evenl of the f~ilur~ on the par~ of tM taid MORTGAGOR to duly, promptly and fu~ly prfo~m, d~xhugs.
execut~, effecf, complete, comply wi~h and ab~de by each and every the ~tipvlations, agreements, conditio~s, and oowns~ts of said prom~sso~y note ar+d thii
mortgaye any a either, and sa;d costs, cMrpes ~nd expenus, exh snd evc~y, sMll b~ immcdi+rely dw +nd payabla; whe~her a not ~here be no+~ce de~
mand, attempt ro co11M or iuit pe~d~n9; ~~d tM full amount of each ~nd wary such payment ihall be~~ intere~~ from ihe da~e rhercof until p~id +t the
rare of nine pe~ centum per an~~um; and all said cos~s, charyes and exp~nses incvrred or paid, topether w~fh such interest, ~hall be secured by ihs lien of thls
mortpsp~.
6, llwt (a) in tha event of any bre+ch of this Mortgayt w default on tM part of the N10RTGAGOR, or (b) in tM event sny of ss~d sums of money
he.ein rsferred to b~ not promprly and fully paid wi~hin Ih~rty (30) dsy~ nex~ atter the same xveratly become due and payeble, without demand a notice.
or (c) In the event rach and every the stipulations, sgreemen~s, co~d~tions and covenane~ oi sa~d promissory note a~d th~s mortgage any or e~ther are not
iuly, prompNy and fvlly per(wmed, d~scharged, executed, ~ffMed, compteted, compl~ed with and abided ~iy, then in ei~her w any aucl? ev~nt the sa~d sg
gregste wm menrioned in said promissory note then ~emaining unpaid. witl+ inte~~st acvued. ~nd all moMYS secured hereby, shall becorne due and pay-
eble fwthwi~h, a ~heresfter, at the option of said NtORTGAGEE, as fully ard completely as if all of the said sums of money were w~ginally ~ripulated
to be paid on such day, anything in sa.d promisswy note d in this Mortgage to the contrary notwithstandiny; and thereupon or thereafter at tF+~ op~~on of
sa~d MORTGAGEE, withoul notice w demand, suit at law w in equity, tlxre(we p Iherea(ter begun, may be prosecuted as if all moneys ~ecured hereby
had matured pt~o~ /o ~ts instituhon.
7. That in the event that at the beginnirg of w at any time pe~d7ng ~ny wit upon thi~ Mortgsge, w to foreclose it, w to refwm it, or to enfo~c~
payment of any claims he~eu~drr, said MORTGAGEE ahafl apply to the Court having ~urisd~ction thereof iw the appointment of a Receiver, such Cou?t shall
Forrhwith appoinf a recc~ve~ of said mo~tga9ed property all ~nd singular, includ~ng al! and singu~ar ths income, prof~fs, issues and reven~es irom whatever
•ource derired, each and every of wh;ch, it '~e~np eapressly understood, is hereby mwtgaged as if spec;fic+lly set iwth and dexr~bed in the granrin9 and
habendum dauses hereof, ~nd such Receive~ ahal! Mve ~11 tlr broad and ef(ective funct~ons and powcrs in anywise emrusted by s Courf to a Recaive~, and
s~..ch appointment shall be made by such Court as an admitted equity aod a rn~lter of absolute tight fo said MORTGAGEE, u~d without ~eference to 1hs
adeauscy p in~dequacy ol the wl~re of the property mwtgaged a ro the sotvency or insolvency of said MORiGAGOR a the defendann, and thef s~,ch
renn, profits, income, issuet and revcnws shall b~ applied by such Receiver according to 1M {ien or puity of wid MORTGAGEE and ihe practKe of tuch
Court.
8. To dvly, promptly and fully perform, discharge, execufe, efiect, complete, comply wi~h •nd abide by each and evcry the stipulation~, sgreements,
conditions and covenanta ~n ~~d promissay note and th~s mwtgsge set fwth.
9. That in the eveM tM ownership of the mortgsged prcmises, o? ~ny part th~reof, bccomes vested in • perwn other thsn thc MORTGAGOR, the
~!ORTGAGEE, its succeuors and aui9ns, may, wi~hou~ no~ice to the MpRTGAOR, deal with such wcceasa a~uccessor in inte~est wi~h retere~+ce to this
morrgsge and the debt hereby secured in fhe same manne~ as with Mortgagor withoul in any way vitiatirg or dixharging the Mortgagors' liabitity herr
under a upon tl~e deb~ he+eby secwed. No sale of the premise~ hereby mortga9ed and no fwbearsnoe on tM part o1 the /AORiGAGEE a its successon
or aasig~q ared no eate~sion of the time fw the payment of the debt hereby secwed ~iven by IF?e MORTGAGEE w its wccessors w ass~g~s, sMll operate
ro release, diuharge, mod~fy ch~nge o~ affect tFx orig~nal I~ab~l~ty of the AM1ORTGAGOR herein, either in whok or in part.
10. It ia speufital(y agreed that time is of the essence of this cont~ap ar+d tF~at ~o waive~ of ~ny obtigarion hereunder w of the obligetior? sr
cured hereby shall st any time thereafter be held to be a waiver of the terms hereof or of the instrumeM tecured herby.
11. In add~tio.~ to the Io~ego:ng monrhly psymtnts of princ"pst aod interest requ~red by t!x promiuory note secured hereby, mortgagor covenanta
3~d agrees to pay to mo~tgagee with each monthly paymem sn sdd~tional sum esnmsted by mortyapee lo be eqval to 1 j 12 of the annual cost of the follow-
in~:
A-All real property taxrs le.ied w auessed agai~st the above descri5ed resl estate.
B-Premiums on fire and windstorm insurance as herein rrqu;red to be wrried on the improve~nents siwate on the above descr.bed premiaes.
C-Premiums on such morfgage gua~anty insurance as mortgagee shall from t;me to time deem fit to carry on the loan secured hereby.
Matgagee shall from time to time notify morlgagor in wrifing of ihe amount due and payabk hereunder and such surn shall rhe~evpon be due and
;_~yabk on the due date of the next rrwnthiy payment and each successive monlh thereaher ur.tit inortga9ee shall not~fy mortgagor of a cF~ange in such
' a•rovm. Such sums sFail be appfied by mwtgagee toward the payment of reat property taxes, insurance p~em:ums, a~~d mortgage guarant insurance
' p~emiumf_
~i IN WITNESS WHER~Of, the said MORTGAGOR has hercunto set his hsnd and seal the day a ar first afo:esaic~ '
~ Siyned, aled and delivered in the preserxe of: ~ `~/~~'A •
j V[i~/J
a
T^~ S M s Klein also Wn as Hor~~ C.
: ~ ~e ~a~
c J~ r Nt
~SS G.:-_? f` s~ ?/ti -
- - !SeaO
Mildred Klein
SiATE OF FLORIDA 1
j ~ SS.
COIitJTY OF i
Befwe me persorwlty appeared MOI'I'~8 ~@~Il 81S0 ISAOMITI as Norris Ci. TQ6~Y1
H~dl~d ~@~Il his wife, to me wetl kr{oMin~ ~*~yr~ to me to be
the individvals dewibed in ar+d who executed the foreyany instrurn~nt, ~nd ~cknowledped befwe me that they e:ecufed .~Ij~ s~n~"~or ~purposes
rherein expessed. And ihe sa~d ~ZdI'efl ~@~II ~ 3 ~b'
Norris 81ein also Imoiru as Morris C. Klein -2 s•
~,~fe of the said _ ~ tirrDnj~ stp~r~te d~d~pJ
~vatt
e> am~natio~ by me taken separ~te ~nd apa~t from her seSd husband, acknowtedyed to and befwe me tMt the executed iaid iAstrur~terA fl~ily aAd' vo{un-
~a~~iy and withovt sny compulsion, constrain?. ~pprehension, w fear of or from het said husband. r:i+O, ~n -
WITNESS my 1»nd and offici~l sesl thi• d~y of
~.~P4 .
. _
~
Notary Public in end (or the Sta1s of~iFAs~d~` ' G
My Commiuioa •xpires: if • tJ y••••H C•~,
Return 10: : -
x first federal Ssvirgs 3 loan Associaf~on ~~Y A+~c, SM1~ d F1orlde e1 Lot~ .
~ Of Fort P:erce. 1Ar Ceewi~tM F.~irrM hb. S~ 1l1~
~ • fwt Pierce. Florida So~ded by Americao Fih i Casudtr Co.
~ ~'~2309
~ -
This Instrument Prepared By RiChBTd K. KByes
First Federal Savings 8~ loan Association =~~~~~E C R~_CQAQ
of Fort Pierce AOCER PpjTR4S 14
Fort pierce, Florida 33450 tr ~~f frR ~~RCUIT COUAT ~
~ ?r vr:.:FiEO~
~ ~h~~k~ By Juz I .
BORK 271 PacE 39 8 3 3$ PM »
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