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i To pl~c~ ~nd cauinuousM ke~p on tiw b~ild'wq~ now a ha~ah~r wtuaa or wd land u+d on ~11 equlpnia~ ar+d p~ran+~ly cownd bY thi~ narq-
pa wilh ~11 p~ tlia~on p~~d in fu11, fK~ iiuwanu in tM ~swl s~u~dwd policy lam. in • wm ~pprowd bY ~M MOR~GAGEE. ~nd wi~~ain :
h+sw~na M th~ wwl uandud pol~cy fa~n. In ~ sum approwd by ~M MORTGAGEE. {n wch companY a comp~niK M tM MORTGAGEE nwy ~
ditM~ M+d all fN~ and wL~wtm inwr+e~p policin on ~nY of aid bviW~np~, anr hMrq~ thaein or put 1l+awf, In tlw apprp~q win ~faewid o~ . i
In ~oMa N~~of, ~Mtl oonatn th~ vswl a~w+dxd mortp+pN ctsua~ a such wM~ davs~ a~ tM MorWp» n++Y rpu~n. m+?i^o ~M loa w?dM u~d po1F :
c~. .+ch .nd .v«~?. WY+bM ~o wW MORTGAGEf a. ~n ~~.s~ May +vww. •~d ad~ and .wn? wch poiicy sha11 b. p.omvay .a*:pned .nd dN~v.r.d ro
~ny h~W by wtd MORTGAGEE a ivNlw Na+ri~y ro s+id morp+p~ d~bt. ~ed. not ta~ thu? t~ (10) days in ~dvanu of ~h~ ~xpkNion of ycA PolicY, w da }
livN to uW MORTGAGEE ~ r«wwal tMrwf. topttha with • r~uipt fw tht pr~mium oi wch nnewal; and th~~~ sh+ll b~ no iin a wtndstam Mwranu f
pt~ad on anp o1 wW buildinpa. ~eryr IMK~st tM~~in a put 1FNrwf. unt~a in ~M (w~n ~nd wi~h ~h~ Iws pavabl~•a ata~s~id~ a+d M tM ~w~t ~ny w~n ~
of mawy b~caMa payabM wwlN wch RwIkY or Polici~s said MORiGAGEE a1W11 Mw ~M op~~on to rec~iw arid apply tM swn~ on +aount of tM 4~d~bt~ ~
iwu s~cw~d Iw~by a a p~nit said MORTGAGORS a nuiw and us~ M On any part lhereof iar othcr purposes. wi~hout thatb/ waiving w i~+pai~- .
tnp +nY puiyr, li~n a~ipht wd~ or by virw~ of Mk nwrtp+p~t ~nd in dw ~vM~ said MORTGJIGORS shaU ta ~ery nawn faN ro kMp tM ~aid pr~mi~ so
tn~und,_p id) b ddlva pranptly ~+y of t~id policits of irqw~nc~ ro aid MORTGAGEE, w fail promptly to p+y futly a~y ptmiwn th~nfw or in any z
rap~ct 1at1 w p~r(orn~, d'achwp~. ~x~cv» tffM. compl~t~. comply wttA and ~bid~ by ~his cownent, q~ ~ny pa~ ha.wi, said MORTGAGEE may pl~u ~-d
WY fw iwch M~wano~ w any parl tMraot withoW walvirg a aff~ctL+p ~ny option, li~n, eq~ity. or r~ph1 v~a a by vi~tw o/ ~his Mo?ty+q~. and tM ~
fvll ~ovn~ of ~sd~ and ~wry wch paym~nt ~hatt b~ imrn~diat~~Y dw snd pyabl~ snd shall b~u interett from tM d~t~ that~of uo~il paW d tM rat~ ot
, nin~ pN anMn p~? amwe aw! topttMr with s~xh intNeu shall bt s+cured by tM lien of this monp~p~. . . :
I. To p~rmh. co~wdt or wff~r ra waa. MeP+i~mMt a d.r.rior•ria~ of s~id proparyr a any P+N iM.wf. ~
S. To pay ~11 a+d ~ar th~ eat~, clwp~a ~nd ~xp~„ incivd'mp a nawn~bh +t~wney's fe~ and cosq of ~bsnacts of titt~. inwned w pa~d ,
~ny 1Mn~ bY a~id MORTCsAGEE. wt~us~ ot in fM w~M of the failun on tlr D~rt of tM s~id MORTGAGOR to duly. W«^PNY +~d fully pufot~A, d~w9~. j
exccvt~ ~ff~ct. eompl~», oanPh with a+d abide by ~xh ~nd way tM ~tipul+tana. +Weement~. co~+d'ition~„ u~d cowoanM of w~d p~ani~w~1? nw~ u+d tha j
^~~9+N ~Y a~ithM. a~+d w&! coats. d~u~et and ~xpuNSb ~ach ~nd wery. sMll b~ imrnEdiately dw and pay~bN~ wM~her a nw thert b~ eoNO~ dr ~
mar+d, athmp~ to oo11M or wi1. p~ndinpt +nd tM fi+ll aRwwN of esch snd every such p+Yms^~ sMll be~r inferes+ frwn tfia dat~ th~~eof w~til p+id ~t the ~
rate of nim pK tenWm pst ~rriwnj ~nd dl s+~d eosls. th~?9es ~nd eYP~^ses i^cwr~d a paid, ~ope~Mr w~th wch iot~.~st. ~MII b~ s~a+nd by tM IiM of tha ~
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6. 11wt in tM w~rN of ~ny brwch of Mis Morq+p~ w d~favlt on fM p~rt of tM MORTGAGOR, o~ (b) in tM w~nt ~ny of wid wms of naMr t
herein nf~rr~d ro b~ e+ot~ promptlp ~nd futty paid within thirty (30) days r?ex1 aftet tM sane seve~ally becoms due aod payable, without d«+~and a notice.
or (~J b tM twM ~ad~ and w~ry th~ stipulatior+t. +C~~nN?b. w~diYans and cov~nann oi a~d p?omiuwy iwt~ ~nd th». maty+C~ +nY a eithK ~r~ ~01 ~
iuly. prwnprly and fv11y p~.forrmd, d'nch+rpsd. ~s~a+~~d. ~fhctd. canplet~l, complied with ~+d abided ~+y, ti~ in ~ithu or uiy wch w~nt tFw aid p~ t
prp~» swn n»ntior»d tn uid promk~ory not~ then rsm+inkg unP+id witA infer~st accrusd, ad all ma~eys s~cvnd F~~bY. shall beoonw dw and p~y~ ~
•bla foHhwith~ or thu~ah~r. ~t th~ option of uid MORTGAGEE. as fvly and con+pl~~ehr a if all of ~he s+id swns of makr w~~ aq~natty a~ip~lated ~
ro b~ paid on wch day. arMhinp in sa~d P~omissory ~oro or In thls Mortgay~ to th~ com~ary norwirhs~a+dinq: and ~herwpoe w thenahM at ~M op~~on of `
s.~d NiBRiGAGfE. wittwut nwK+ w dr.+~?sisd, wit at !aw or tn ~quity, th.ssa#crs or therea}tn begvn, may be p~osecwed as if all mo~ey~ s~w~sd hereby
had m~twad pior a in irqfihrria~. ~ ~ ;
7, ~M1 in th~ ~wnt that at the b~inniny of or ~t wyr tirrw paed'e+g u+y suit vpon this Mwtgage, a ro foraclos~ tr, or to nfomi h, w ro anfaos
payment of sny dainq haevnder. ~aid MORTGAGEE shall ~pply ro th~ Court hsving jvrisdKtio~ thereof fw the ~ppantment of ~ Reuiwr, wch Cowt sMll ;
fwthwith sppoinl ~ noefwr of s+id mortp+~d proPsAY all ad sinpvla?, includ~rq all snd sin~ulu ~Fw income, profiri. issuts and rewnues from wMt~vi?
tou.u elpivad. ~ach ~nd ~wry of which, N b~inp acpressly v~dsrstood, is hereby mortgayed ss if ipecifiully set forth u+d dewibed in the y.anYw~p and
haber~dum daus~s Iwnaf. ~rd wd+ Rcaiver ~MII haw all tM brwd ~nd eHed;ve fvnn~ons and powers in anyw~u ent~uued by a Cowt to a Rsuivsr, and =
wch appointma+t shall be made by wth Gaxt as an adrn~tted eq~+ity and s rn~tte~ of ~bsotute ~ght to ssid N10RTGAGEE. ~nd withow roferenoe w t1w :
adequ~cy or h~d~q~acy oi the wlu~ of tht property mort9+ped w to the sohency or ~nsolvency of said MORTGAGOR a tM defendants, and th~t such }
renrs, profits, incan~, isws aw! nvN+u~s slwll be appli~d by such Receiver auord~np to ~M lien «~quity of said MORTGAGEE u~d the pactia of such
Court.
a. To duly. pranptly and fulh? parform. dach+~y~• ex~cute, effecf. compkte, comply with and abide by ach and ~wry tM stipulatio~a„ a~nts,
conditions Md oovsrw?n in said promissory rwt~ ~nd this matyage set fwtA. ~
9. ?hat in th~ went the ownenlwp of tha mwtyaped premises. a any p~rt thereoi, becomes vested in a person other thsn the MORTGAGOR, tl+~
MORTGAGEE, Hs wcotstors ux! ~ssipns, may. wlthout ~+otiu to the N10RTGAOR. dsal with wch successw w successor in interst with nferenu to thu ,
mwt9p~ and tM debt he?eb~I setund in tht ssim m+ma+ ~s with M~prtyaga without i~ a~y way vitiatinp o~ discharyirg tht 1Nort9sgors' liability htn- {
un~r or upon ths deM he~eby seow~d. No sale of th~ pranis~s her~by mort~~y~d wx! no forbe+rsnce on ths pen of the MORiGAGEE w its succetson ~
w au'gnt s~+d no exta~sion of fhe time for the payment of the d~M hereby secured 9iven by the MORTGAGEE a its s~co~ssors or assipns, shall operat~
~o releas~, dad~upe, n?odity clw~p~ or affect th~ aipin~l liability of the MORTGAGOR heran, either in whole or in p~rt.
10. h k~pacifksdy apn+d th~t time is of the es~enc~ of this coM~ac1 and that no wsiwr of any obtigaYan h~rsw~der or of the oblipation ~e- - -
cured Iwsbp ~MII at any tLn~ theresftM bs I+eW to 6i ~ waiv~r of tht tirms Frreof er of the ientrwneM aewnd berby. ~
11. In ~tion fo tht forepoing mortthly psyrt~er~ts ot princ:p~l urd iMerest required by tht pra~'ussory noto secwed hereby, mortysyor ooven+nts ~
and agrees to pay to mort~sgee with each monthly psymen~ an addirionsl sum estimated by mortgagee to be equ~l b 1/12 of t!+e anrwal cost of the follow-
mg. ~
A-Al) real property taxes kvied w auessed agaimt the above described real estatc. ~
B-Premivrta on fire snd wir~dsto?m inwrsnte as hertin requ:red to be carried on the improveme~ts situ~te on the sbove dexr~et~t~MMMM~~y' ~
C-pran;wm en wcA mortyspe ~wranty irouranu as morty~gee shall from time to t'ane deem fit to cury on the loan secvrqd 1ror~.~Q -
. Mi-
, Morl9apae sh~ll from time to tirnt notify mortgagor ir? bvrit~np of the amount due snd paysbk F~ereunder and such wm sh~A
payabl~ on t~ dw dste of the nexf monthlY paYment and eacfi wccessive lnonth thereafier ur.til mort9s~ee shall ootify mort~~ -.j
~ amount. Such sums sh+ll ba ~pplied by mortgapee toward the p+yment of real property hxes, inwra~ce prem:umt, srd nwely~~~ 4~~~ Q
~ premium~. ~ V: O ~ Q a s~ s
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~ IN WITNE55 WHEREOF, tfie s~id MORTGAGOR h+s hereunto set Ids hsnd and seal the day year fint afaesaid ~~.{y,~ ~ ~
~ ~ fT.1~0~! 001111T1? ?lQ. S LIIQI G ,~l~b'T N
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IIOOEI! r0iTR1: ,
' - CI~Rr C:ACUIT COUIIT ,Q ~
u e ~ser, e ~
- ~ • ctFlE~~w~~.~L.q
• rs..n
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STATE OF FLORIDA 3~6 `~s COUNTY OF ST. LUCfE _
I HEREBY CERTIFY, That on this -~~day of Au~tst , A. D. 19~-,
before me pecsonally appeareci ~ike Fi€i~b~ ~
respectively President " _ , of s
i
Tt1('TS [3ENl3RAL CQNSTRiiC:TinN [:ORP a gj,(~$Ti~A Corporation, to me ~
known to be the persons described in and who executed the foregoing instrument and severally acknowledged the exe- ~
t
cution thereof to be their free act and deed as such officers for the uses and purposes therein mentioned; and that they ~
~ affixed thereto the official seal of said corporation, and the said instrument is the aet and deed of said corporation. s
WITNE55 my hand and official seal at Fort Pieroe ~t - T•"~'i e, Fla. , said county a state.
First Federal Savings & Loan
Association of Fort Pierce ~~y,p;,~;~;;Re or tate and County aforesaid.
Thi a instrument prepared by S ~~_~~~~,~~res: p,~, St:~c oi ~or"~ds ~t i~~ \
J. Hal Roberta, Jr. ~ ' ~ ~ • 72,'~~~
, ~ _ ~ ~~4' CORSIiLS:F3A EX~:PeS Kit +'lJ ~
. . . _ _ - . - ..1:~.: ••(~L~ , t . . _ W~dd l1~'Gc'. f~ t caa~aar C~.,y:h .
^ , ~ ~ 'ry~ ` .
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Checked By ~4' _ ~ . j, ~ ~j~ ,c- ~
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• V.•• ~ \1 ~.3~~-~;j. _ ~ •
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