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To pl~u and contiewously ke~p on tM bui:di~gs oow a Mre~FtN utv~N or s~id land and or+ ali cquipnem and pe~wn~lly cov~red by this nw?tg '
+g~, with ~II prsmiums tAereon pa~d in fuli, f'ut insw~~c~ tF~s wwl ~~and~rd policy form, in a sum app~oved br MORTGAGiE, and wi~torm
insw~np in th~ uwal uandard pol.cy fpm, ii a sum a~roved by IM k?ORTGAGEE, in fuch tanpa~y or compsn~es as the MORiGAGEE may
d~nct: ~nd NI iir~ u+d w~ndsarin ieaw+nc~ po~kiea on +r+y of s~N! build~nps. ~ny lntere~t therein or part ~~~~1. in th~ aggreya~a svm aforesaid a -
1n tapat 1lwwf. sMll cantain tM viwl itandud mortyay~~ tlavsa w such olher tlws~ tM Malgagaa msy requ~r~, ms?inp IFa losf und~+ sa~d poli-
cies, sad~ ~nd twry. WY+bM to s+id 1NORTGAGEE as iq i~tere~~ may app~u, ~nd cach and every s~ch pollcy thall be prompily ass.Q~ed and delive~ed to
•ny h~ld by s~:d MORTGAGEE ~s ~wtl~ s~cvri~y to faid mwtssy~ debt, snd. nW I~u tMn len l10) days i~ advance of the eapir~tion ot e+ch poliq, to dr
live~ fo s~id MORiGAGEE a ra++ewal Matof. top~rMt with •~eceipl tor tM premivm of t~th renewal; and ~here shall be no iire w windstorm insvr~nc~
placed on «ryr of said bvild~nQi, u?y inta~st the*tin or part tF?trwf, unleu in tM fum and wi~h tht fou payable at efwesaid: and in the wsnl any u~m
of nwew~y betom~s payaW~ w+der wth policy w po~~ci~s s+id 1~IORTGAGEE shall haw the option ~o rccaive and apply Ihe seme on accouM o( the indeb~ed~ Ir,
ness s~tyr~d lynby p q pNenit said MORTGAGORS fo rettive and uie if oI any part thereof for o:ner purposes, v~~hout th.~eu~ waiv~:~3 cr unpair•
ir+g anr eqvitr. lien or ~iph~ undM or by virtw of thii mort~aQus ar+d in tF~t ~vent ~s~d MORTGAGORS shall for sny resson fa~l to kaep tM said premises so ;
iruu.ed, or f~il lo deliva panptly any of said polities of inwrance to ~sid AWRiGAGEE, cv faiF p~omprly to pay futly say pre~nic,m theretw w in any
raspect faA w p~rfo.rn, d~scharqe, ~:ecute, ~ffect, con+plete, comply wiih ~d _abids by thw cove~anr, a any parr hareof, ia+d MORTGAGEE ~~ay place and .
paY fw wd~ irouranc~ o~ +ny pxt th~reof wi~hout waivinp or ~ifxtirq any option, li~n. equity, w riyht u~de~ w by virtw of ~hii Mortgags. and thc
f~ll neawM of each and wsry such paynvm sAaU be im++eediately due and payable u~d thall bear imeresl from ths date thereof uroil paid tl th~ rat~ ot ',1 ~
n~ne pK op?wen pu a~rwim and together with wd+ inrerest shall be secured by tM li~n of thit mortya9e.
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4. To p~rmit. oow~nit n wfiw no waste. imW'wma+t o~ ckteriwation of said property or ~ny pa~t the~eof. .
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S. To pay ~II and sirgular Mr cott~„ clwroes and expenses, indudinp a reasooable +ttorney's fee and cosfs of abstracls of title, incuned or paid a~
a~y tims by said 1NORTGAGfE, Gecause or in tht eveen of the failur~ on the part of ~he said MORTGAGOR to duly, promptly and fu11y perform, d~uMrg~, . '
ezecuta` eff~cl. oo~nplet~, oomplp with a~d ~b:d~ by each ~nd every tAe stipulatio~s, agrKmentt, conditiont. ~nd covenanri oi ~.~id promissory rate and thw ~
mwt9a~e ae~y p eiehd. u+d sa~d casta, dwrpas and eapertsas, e~ch and every, ihall be immediately due and payabte; whether or no1 there be notice d~ ~
r.+and, a»empl to cdkct a wit peodiny; and tM full snw~nt of each and ~very such payr~nt shall bea~ interest from the date tlxreof until paid e1 the ~
rare of nine per ceetum pe~ arwwm; and aU aaid oosts, cha.9es and expenses incurred w paid, togNher w~th such intereit, shall bs secured by the lien oi thif
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^",ort9~- '
b, T}W (a) in 1!r eve+N of any brtad~ of Hws Matga~tt o~ d~fwl? on tM part of the MORTGAGOR, w(b) in the eve~t any of s+id sumi of monsy {
hcrein nfe~red ro be nof prompNx, and fulFy paid within Ihuty (30) days next aiter the same uvcrally become due and payable, without demand or notite,
or in the evei» cach ud every the stiputations, ~greemenn, condifioru and covenants ot sa:d promiswry note and th~s mortga9e any or either are not
iulY, prpnpty and fuily perfwmed, d+xhar9ed, executed, ~ffected. compkted, compl~ed w~th and ab~ded Sy, then in eifher a a.~+y svch event ths said eg.
gregate ~ws meatiarod in taid pronwssory note then remai~+iny unp~id. with irocreat acuued. and at1 monsys xcured hereby, shall become due a~d pay-
ebie forthwid~, p thereafte~, at tFK op~io~ of sa;d MORTGAGEE, u fully and completely as il aIl oi the sa~d sums of money were or~ginatly st~pulatcd
te be pa~d on wch day, snyti+i+~y in saw! p~an:sswy note a in this Mor~gage ro the contrary notwi~hstanding; and ~hereupw~ or thereahrr at the ootion of ~
sa~d MORTGAGEF, w~thout oor~ce a demand, wit at law a in equity, therefore w thercaite~ begun, may be prosecuted as if all moneys sea:red hrreby ~
nad manx+ed prar a,n i+nrin.rion.
7. That in the event that at the beginning of or at any time pe~ding any su~t opon this Mortgage, or to foreclose it, a to refam it, w to enforce
payment oF any daims l+c+eunder, said MORTGAGEE ahslt apply to the Court having jur~sd'Ktan ~hereof ior the appointmem of s Receiver, such Cwh snaG
Ferthwith sppoiot a rcu~ver of said mortgx~ed poperty all and singula~, includ~ng all and s~ngular fhe income, ~.+rofEts, =ssues and reven~s from wFatever
source derived, tad~ snd evtry of whitl~, it bei.~q tup?essty u~derstood, is hereby mortgaged as if specifically set fonh and destribed in the yranting and
Fubendum cisuses hereof, and such Receiver shall have all the broad and eff~ctive furtd~p~s and powers in anyw~se entrusted by a Covrt to a Receiver, and
s~ch appointmd?t shall be n~de by such Cowt as an +dmitted equity and a matter of absolute right to said MORiGAGEE, and without reference to the
edeq~aqr p in~dearacy of the wlue of tAe prope~ty mwtgsged w to the so+vency or inwlvency of said MORiGAGOR w the deiendants, and that such
renrs, profits, intome, issues snd revenues sha11 be applied by such Retaiver according to the licn or equity of said MORTGAGEE and the practice of such ;
Court. ~
8. To dvly, pampdy u+d fufly perform, discha.ge, execute, effect, complete, comply with and abide by each snd every tlx stipulations, agreements,
cond;raro rd wven+na ~n sad pwmasory note and tlus morfgage set forth.
9. That in the rvent tF+e owmership of the mortgsged premisd, o? any parr thereof, brcomes vested in a perwn other tfun the MORTGAGOR, the
MORTGAGEE, its wccesson and assigns, may, wirhout notice to the MORTGAOR, deal with such succeua or successor in interest with reference to this
mongage and the debl hereby secwed in the same manner as with Mortgagor withovt in any way vitiatinp or dsscharging the Matgagors' liability hera -
under or trpa~ tht debt I+ereby secwed. No sak of the Fremises hereby mortgaged a~d no fwbearsMe o~ the part of the MORTGAGfE or its sutcessors
or ass'gns and no extens~w~ of the time (a the payment of the debt hereby secured g+ven by the MORiGA~•fE or itf successors w au~gns, stiall operate
to release, dscha.ye, mod:fy cfian9e or affect the wiginal liabil~ty of ~hs Ah~RTGAGOR herein, eithcr in wFwk or in part.
10. h& specuficslly agreed rhat Yvn~ is of the esscnce of th~s contraa and that ~o ws~ve~ of any obligation hereunder or of the obfigation se- '
cured hereb~/ sh~p at any time Mrcreifter be held to be s waiver of the terms hcreof w of the i~atrvment secured herbp. k
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i 1. 1~ addtion to 1he forego:ng month?y psyments of princ:pal and interest required by the prom7ssory no!e securPd '~reby. mortgagor covenants
a.~d agrees w pay to mo:tgagee with each monrFdy payr~:ent an ad~~i'anal sum est:mated by mortgagee to be cqual ro 1/ 12 oi the ann.iel cost oi the follow-
inp:
A-All real property taxes levea! w asses:ed agai~st Ihe above described reat estate. _
g-P~emiwns on fire and windstorm insurar.ce as iKrein requ:red ib be carried on the improwements situate on the above dascriNrd prert:ises. ;
C-Premiiwns on wch mwtgsge guaranry insurar~ce ss mortgsget shal~ from t;me to time deem fit to carry on the loan secured hereby. - ~
~ 1Nottg~ee shai! Srom time to t~ne r+otify mortgagor in writirg of the amount due and pay~bk hereunder and such sum shsll the+eupon be uue and
~ ,yayabk,oo the due date of the rwct mmthly payment and exh succtssive month rhereafter ur,til mortgagee shali norify mortgagor of a change such
~ ~T.ou~t. Sucfi sums sha:l be apptied by mortgagee towxd the payment of real property taxes, insursrxe prem:ums, aex! r~rwsgage guaranty insurance
i premivrrq. , ~
~ IN W1iNfS5 WHfREOf, the sa~d MORTGAGOR has hereunto ut his hand and seal the day and ar first afur id.
~ and ' ed in the presence of:
~ ~p p a~
~ iT.LU~CI~E~~NTYRfL . • a~ ~
~ ROCER POITRAS - ~ _ •+;1, ~
f CLERR CIRCUIT CO - a4
rrr~.~ yrotF'IED - .
: _~.-~]~`;,~ya4
~ ~..-,.~s; ~ , .
SEP 19 4 n9 P~71 , -
STATE OF fLAR1bA M • { • • t ~
= ~
couNn oF St. Iucie ~ ss' :~s '-,,,.r' ~.~s~. o- ;
i ' : '
Rt~tLn7d L._ ~~ckg t
oefore +ne personallr +PP~+~~ ~
Yr . J - end
L~n~ ~ICTCB his wife, to rtie~welr~jcrwwr`qnd iuw~w~r?.I~o me to bs ~
rhe ind'ividwb described snd w!w ~xecuted foregoing mstrum~nt, srd scknowledged before me that they exewtM ~Tie iatrtl~~or the~p.rrposes
Ti~IldB ~CICS ~ ~ ~
rherein exp?essed. Md the ss' ` 's
,,~,~fe of the asid • 3 vpon a Kparata +nd private ~
exam~nst~on by me taken se{~arate snd apart from her aaid husband, edcnowledged to and before me that ~he executed said instrument freely er~d VOIyM
ra.~ty and w~thout sny compub"an, oonstrau+t, or feu of or from her said husband.
w1TNESS m~r fw~d snd offiwl seal dsy of S tember A. D. 147?
~ a t ~
~ ary I' in snd for the State of . brida at Lsr~e j
My Comm~ssion expires: '
Re~wn Ta
~ Firft FEdlfs~ $avirgf d~ LOart 11ssOCiation ~ ~ ~ ~ ~ ~
Of Fort Purce. ~
fwt Pierte. Florida ~ ~f~ ~
~ IwM~ h /N~+~ fw ~ G~.ir
This Instrument Prepared By F. ElltaoOd
F~rst Federal Savings b Loan Associat~on ~
of Fort Pierce
Fort Pierce, Florida 33450
Cn~cked By ~ ~~2 f5 ~
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