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To plau ~nd conti~w+a~sly ks~p on ~h~ bui•dugs ~ow w h~~+fip wtuaN or said i~nd ~nd on e~l cquipment snd pe~sonally covKed by ~his mortp~ ;
p~. wuh ~11 pnm~ums ti~er~on p+~d in fuU. fin irowu~u ~n tM ~suat sundud pol~cy fwm, in a ~um approv~d by the MOR(GAGEE, snd winditam i
insw~na b ~M wwl i~+nd+rd pol~rl? lwm. in • wm +PP?ov~d b1l tlK MORTGAGEE, i~ wch canpany or comp+ni~~ q ~M MORTGAGEE may ;
d~rectj and dl fw and wird~wnw incwa~w PdiciN m~nY .ol s~id buiW~nys. ~^y Ioqr~~t tMrein or part thereof, in 1M a~~e9aq wm ~fa~uid o~ ~
In acpp 1Mreof, shall oontain tM ~swl s~~nd~rd maqapM daus~ a wch othN c1+w~ as tM Matpege~ may requu~. en~kinp tM loa undN sa~d po1i~ ~
ciM. ~ach and way. p+rabb a sa~d MORTGAGfE a its inN«st m~y appw. and ~acl+ and ~vay s~ch policy shall b~ promptly iif.~nlfl NKJ t~~11vHld ro i•
a~y hdd bp s~id MORTGAGfE a trnMr sscw~tp *o s~id narq+p+ d~bt. +e~d, not Nu tMn »n l10) d+ys M+dvance oi ths ~xpir~tion of fKI~ POIiCy, to de- - 1
IivM b said MORTGAGfE •~Mewal therwf. wpsih~r with ~ ~ste+pt 10~ tM premium of such renewa?; and ther~ shall b~ no fu~ w windirorm insu~anc~
plac~d an any of sad bvitdirg~„ ~np inN~~et Mwun or pwt th~no~, unku in ~F~ form ard wi!h tM tos~ payable ai atoreuid; ~nd in tFk event any ~wn ~
of rnw»y becan~s paYaW~ w+dr wcfi pdicy or pdki~s s+id ~MORiGl1GEE shall iww ~M option to ~eceive snd ~pply the same a+ +ccouro of fh~ indebted~ ~
ness s~cw~d her~Oy a~ a p~+en sad MORTGAGORS w rsa+w and w~ it p any pa~l the.eof for otnrt purpwea, v~ithout th:rcb~ waiving or ~mpair- ~
irg anr puity, li~n a~ipAt unJ~r or bp vinw d tM niort~py ad in tM ~wr+1 wid MQRTGAGORS shall (or ~ny reason iail to keep the said pr~miies w ~
insur~d, p faU b dtliw~ poe~My M~y of said polities of insura~+tf sa'~d MORTGAGEE, o~ fail promplly fo pay Iully ~ny premium Iherefp~ p in a~y 4
~~spatt fail b pKfw~, dixiw9e, eascut~ ~ff~ct tanplN~ oorriply with ~ed +b+d~ by this covenaM, a any par~ hareoi, u~d MORTGAGEE m~y place and
pay fa wd? L+su~xw a~ny p+rt thereof w~~hout waivinp o~ ~tf~ctinp any opt~on, li~n, equfry, w riyht under a by vbtw of ~his Mw~paQ~, and ~he • !
fufl wno~nt o( eacb and wKy such paymeM ~11 b~ w~rnedi+lely dw ~nd pyable u~d tl+~Il be~r intete~t from tM dats the~eo( until paid at the rat~ ol :
R~ne p~r antum p~r ~nrwm and togethes with wd+ in~e.~st sh~tl b~ secured by tM litn of this mort9a~e. ~ j
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4. To pumiy aonrni~ w wftM no wut~ i~np~irnwnt a dNeriwation of said prop~rty w a~r p+~t therwf. . ~
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S. 1o par ~11 and ~gula? tM cop~. chr~s and e:puus~, inckrfivg s nasonabl~ +ttorney's iee and coits of ~bstracts of title, tncvrred w paid at ;
~ny time by wid MORTGAGEE. b~t~ust or in d+~ ~vaM of tM i~ilun on ~M p~?t of th~ tsid MORTGAGOR to d~ly, p~ompNy and fully pxfam, d~scharge, • !
execuh, ~fhu. oompkq~ eomply wi~h and ~b~d~ b9l ~fi and ereey tM stipulation~ +~eements, conditioru. ~nd mwnants oi sa7d promiuory rwte and ~hw
mwt9ape any a ~ithn. and sa+d oosh. clwryes s~d eap~nses. ~ach and ~w?y, shall b~ immediatety due snd payable: whether a ~ot the« be notice de~
mand, atqn~p to eolkp a wit p~ndin9; and tM fv1l arnoura of ssch and every wch p+Ymem sF~all bear i~te~es~ }rom ths date thereof umil paid at the
rate of n:ne per unhrm pu urwm; ard ap said aous, dwyes and expenses incwred or paid, together w~th tuch intcrest, shall b~ setured by ths lien of thif
^ar~9+p~.
b, ih~t (a) in th~ ewM of aMr bnach d Mit Morqaye w d~f~ult on Hr part of the MORTGAGOR, or (b) in tM event any of sa~d wms of rtaney `
herein nf~?red ro bt no1 pranptlr and ivlly paid within tlwty t30) d+ri next ~fter ~he same severally become due and payaWe, without demand w notice, j
o~ (c) in the aw~ro sach snd e~rery tM stipulation~ agre~r?n. conditions and covenann of sa:d promiswry note and th~s morte+9e any a eitlxr e.e not
iuly, prompily ~nd fullp pwfa~wd, d"odur9ed txewted, effeued canpkud, complied with and abided ~iy. tM~+ ie~ either w a~y such ~wnt tiw f+id aQ
pra9at~ wiw ayntionad in said pronw~ory ewt~ tMn ~ininp w~p~id, with imae~t acvued. and all moneys ucured Mreby. s!»II become dw ~nd pay-
able forthwith, or tF~aha, at tht option of said 1NORTGAGEE, as fully and compktely ~s ii all of fhe isid sums of mooey were oripinally st~pulated
to be pa~d on wch daY, anytlwg ie sa;d pom~ssory rw~e or in this Morep~ge to ~he contrsry notwi~hstanding: and thereupon or thereafttr at the option of
seid MpRTGAGEE, wirho~rt no~~oe a den~and, wit at law or in pu~ty, therelwe w therealter begun, may be proaecuted as if aN moneys secv~ed hereby
had matw~d pr~ot M iri institution.
7. 11wt in the ewo~ th~t at fh~ beyinnieg of or +f any tim~ peode.g a~y wit upon ~his Mortgage, o~ to iweclos~ N, a 1o reform it, or to enforce
payment of ary da:ns he~ewwie~, ssid MORTWIGEE sMtl appty ro tl~e Court Mving jurisd~ction thereof fw the ~ppo~otmem of a Receiver, wch Court shall
fwrhwith ~ppoiM ~ nteire~ of s~id morl~syed p~op~rty all and sinpvla~, indud~ng all and sirgu~ar the intome, profit~, iuuts and revcnu6s from whatever
sovroe derived, each'a~d ~very of wh~ch, ~ be~np ~apressly undersfood, is hereby ma~9agcd as if specificalty sct fath a~d deacribed in th~ p.u?ting and
habendwn davses hereof, and wd~ Reoeive~ shilt !ww a!1 the broad and effective functwns and powcrs i~ anyw~se entruaied by a Cou~t to a Receirer, end
wch appointmeM ~1 be eud~ by wd~ Courr p an ~dnwtted equity and a minet of absotute ri9h1 to ssid MORiGACsEE, and witF~ovt re(erence to ths
adequxy a inrd~quacy of th~ v~lut of the pwperty morty~ed a to the ~olve~cy a inwlvency ol wid MORiGAGOR w the delendann, ~nd that such
renn, profits, inoorne, axxs and revenws sl»II bt apploed bp wch Receiver xcordir~g to the lien w equiry of said N10RTGAGEE and the prectice of wch
CovA.
S. To duly. promptly and iulh prlwmi, dochsrge, e:eoute. effect. oa~?tete, comply with ~od sbide by cach and every tM stipulations, agreeme~ts. .
cond'aioro and oove~wns in sad proarasory naM and ehis ~worg~ys set fath.
9. Tliat in th~ ereM rhe ownarship af the ~aorgap~d prernisea, or aay part thereof, becar~ vested in a penon other than ths MORTGAGOR, the
MORTG/1GEE, ib wooaafon and assiprs, ~ witMw~ norio~ b the MORTG/tOR, deal with such wccessor or successor in interest with refererKe to this
mortgap~ and tl+e deb~ he~eby aea~r~d in d~t sawK marr+e~ as with AAwtya~w without in any wsy vitiatirq a d~uharging the Mwt9sgort' liabitity hera
ur+dcr or upon the debt hereby secured No wk of the ~emises hereby mortgaged and no forbearance on the part of the MORTGAGEE a iri succeuors ~
or assgrn and no exte+nio~ of fhe tane for the payment of the debr Aereby secured y7ven by fhe MORTGAGEE or ifs s~ccessws or assiyns, shall oparab
to releas~, d'ad~ar~e, nadifr ch~rqe or affect the wiginal liab~l~ty of 1he MORTGA(30R hsrein, either in whok or in put.
10. It h specifically agreed that time is of the euenoe of this coMrxt ~nd that no waiv~r of any obtigsYroe hareunder w of the oblipatan se-
cvred Iwnbp shaN ~t a~ryr time thcrwfbr 6~ M~d w be a waiver of tl+e tK.ry hereoi or of the instrvment secwed herby.
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11. In sdditan b the for~qo:ng nar?thly paymeeMS of princ'pd and lnteres~ required by the paomissory ~+ote secured herebY, mortgagw covenants
and agrees to p~y ro mortQ~gee wi:h exh monthly pay~nent ~n add~~ionsl sum estimated by mortgagee to be equal to 1% 12 of the annual cost of the follow- -
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A-Afl resl prope.ty ta~ces kvied or assessed ayai~at the above described real esrara ~
B-Premiwm o~ fwe snd wirdstorrt~ inswuKe as herein requ:red b be carried on the ;mprovemerns sitvate on the above descr~bed premises. !
~ C-premiums on wd~ mortgage guaran~r inawu~oe u mortgag~e shsN from t~me +o time deem fit to carry on tl~e ban secured hereby.
Mortyagae skNll fran time to time nosiiy mwtyagor in writing of the arnount due and payable hereunder and such wm shall thereupon be due and
payabk on th~ dut d+te of the ne:t w~onthly parmeM and sach suoussive ~wnth thereaftw urtil mortgage~ shall notify mwtgagor of a cha~ge in wch
{ aTOUnt. Such wms shall be appiied by matga~ee towsrd the payment of real property taxes, inwrance prem:ums, and mortgage gvaranty, insurance
premi~rns.
IN YVITNESS YYFtEREOf, the s~id MORTGAGOR h+s here~nw set his hand and seal tbe day and ar first at esa
Siyned, Sesled aod deliv~er~d in H~e pre~anoe a~F: ( ~ - ;
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~ 8Z • ~ -
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Ro8estl~.e B. DirCk3 wan
STATE OF FLORIDA ' ~ ..:,..a."'._
St. Iucie ~ ~ . .
courrtY oF -
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e~ra.. v~..«+.ur ,~..~a Mi il
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s~ J. Aircka - _
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8~oae~arie B. , - - ' :
his wife, to me well krw~n'~' krq~n .te o?~ to E
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rhe ind'~vidu+ls desvibed in and who e~cacvted the fore~oinp hstrun~e~t. ~nd atluwwledged before me tF?at they execut~d ll+q,sa/ne: fof t1M ptnibtM-`. s
. . _ ;
,~,a _ Roseaarie B. Dircks .J.
wife of tht wid . ~ 7{~ J•~TC~ u'po~a ~partl~ y~¢ p?~?/~i'-= t
examinatw~ by me taken separ~ie and ap~rt fwm her said iwaband. ~duwwladged to ~nd befa~ mt that she executed s+id u~tye~riily N~d :
tarily M1d wit~101A Mly QOrf~pulfi00, OOflfNailN, appfl~llfqi0e4, Of t'Nf Of Of fl001 ~1K Mid ~Wfbifid. ~~t=::~~+~.1•-L.L1;'~f~~~•~. i
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WffNE55 my Iwd and offiaal ~sd a,~ ~ 4=Il. ~ a# L~at ~p~
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QrQ~x.UG
~ Nots uWic in and for t Sute of Florida at Larys ;
~ My Commission ~:piret
Rewm Ta
F.dN.~ s+r~. a to~ ws~«~+~a~ ~pTAqY PUSLIC. S7ATE OF fLORIDA A7 LARGE
~ ~ F~" PK'u- MY COMIr11SSiGN EXP~RES AUG. 12.1981
~ fort Pierce, flwida 8pN0ED 71iRW(i~ YURO~1-A~MTOW ~ ,
~
r~~o ~c~tEC~~E~
i. LUCIE C M lA.
This Instrument Prepnred By RiChtPd 1C. $~s,,y~e3 RQCER POITRAS -
First Federal Savings b Loan AssociaYwn _ CIERK Ci~iCUIT COURi
of fort Pierce ~ ~ ~E~1FIE~~.~
Fort Pieroe, Florida 33450
5~ Ocr 3 IQ ~9 AN'17
Checked BY a~~~ ~
- . ? . , , . 38~435
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