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~ J. T~ pi,ue and continuouily kaep en ~he baild~n~; ncw or harratter ~~fwt~ en <.s~d lancl and on all e~uip,nent and persona~~y covered by thiti mo?Ig•
s3o, w:th all pro;nw:ns ~hereon naid in lull, (~re i~~~~r3.tic~ ~n ina uswl s~e.d~+d F•;'~ey fe~~a, in a wm ~ppioved b~• tha h10k1G/1GE[, end w+ndstorm
insuronta in ~ha vsual sta:~c'ard ~~I~e~ (orm, in a surn approved by i~a h50RTG~\GEf, in suth tompany or eompan~es a~ tha h'.O~ii,AGEf may
direcl; and ail fi•a a~:d .v~r.cltitorm insurance poi~c~eti on a~~y oi seid b.;~'r.~ngs, a~~~• i~iterci~ therain or part lhereof, in the aggregate sum afcresaid ~r
ln extass thereo(,-sF~~ll contai~. iha usu~l standa~J mort9~gea claute cr such o~her c~ausa as Ihe hle~lgAyt~ may roqu~re, making the 'osa u~~drr s+~d poU• ;
ties, tach an:l cviry, pap•ib'e to said AlOR1Gf.GEE u~~s in!~reit moy apprar, and each and evety such.polit~ siiall 1>e (+rompriy assgn:d ond de~iveted t0 3
eny held by said AlG2i(;AGEE a~ further se,urity to eaicl n:ortg~~e deLt, ~r.d, ~of !ess tF.an fon (fJ) days i:~ adrance of the explretion ol eech poHcy, fo d. 'w ~
. liver to taid AIURiGAGEE a ret~e.val ihereo(, tog~~hrr ~vith a retelpt for tlae pre:n~v:n oi such ~enewal; end ~I~rre shall bo no fire or ~vi~~ds!am insvrance j~~ ~
plact~ on any of sa~d txitJ~nys, any intercit there~~ or p+~rt thereof, unk•ss in th~ {orn~ and with the Iass payable ei aforesaid; and in Ihe event any sum ~
of mo~ey becon:es payable ~nder w-h policy or pot~cies saiJ h10RiGAGEf shnli have ~hr option to reca~ve a~.d apply tha iame oo account oi thu indebted- ,
r.es, secured herrby or to perm~t +aiJ 1dURTCA~OSS to recri~e and use it or ar:y ~r.rt thrrcoi for oti~~~r ~ w{:oses, v.~ihout th.er~l,j v:aivi~i~ ~r vnpair• • ~
. (ng any eq~~?y, lien or riyht vndar o~ by virt~~e a( th~s m~:tga~r; and in tne evrnt sa~d h1~r2TGAGORS sh~ll for any raason fa+l to kecp 1he said prc:mise, so ?
insvred, 'vr fail 1, d:live~ proropt(y try Of said po'~t~es oS insurance to saiu MORIGAGEE, er lail prompfly t~ pay full~ any pre~»iu,n thc~efor or in a~y c,t^ t
- ~espect iail to perforn, d~scharge, exetute, elfec~, comp!ete, comply with and abide by th~s :ovena~t, w any ~jrt h:rEOf, said MORTGAGEE may place and ~ i
pay (o~ suth insuran;e ot any pa~t thereaf ~vi~l:out waivicig or aiiccting any oplfPn, 7ien, equity, or ~ight unde~ or by virtue cf Ihis lvlorlgage, and the '
fu!I amounl of rach and eve~y scth paymenl sha;l L~ imn.eo~atnlp due and ~a;ab!e and shall bea: iniere~t (ron~ tha aata theieof untit paid at the tate of ~
• nir.e per centum ccr annuin and ta~rth~~~ ~~i!h svch inter~s~ shi~l L•e sac~~re:i by ttia lien oi lhis :nortgage. ' . ` ~
-0. To permit, comcnit or suffer no waste, in:pa:rment ot deterioratio~ of sa:d prope:ty or.any parl Ihereof. '
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5. To pay all and singular the costs, chargos and exprnses, includ~ng a ressonable atrorney's fee end cost~ of abstrads of ~itte, incurred or paid a1 ~
any iin:e by sa~d 1,10RiG,aGEE, becavse or in the event of the la:ture on the p::t ef ~he said ~iQRiGAGOR to duly, promp~ly anc! fully poriu~m, d~scharge.
exc:ute, effect, cemp!ete, co:nply wnh ar.d ab'de hy each and every the st~?u!a~~o~tis, agreements, cor.ditions, and covenanla of said promissory ~ote and thii
mortgage ary or eieher, ar,d sa;d cos~;, chargrs aid expenses; each and overy, sF~all ba ;~;mediately due and payaole; whether or not there be not+ce dc-
~ mand, attempt to coll~ct or svit pe~~dfny; and thz full amornt of each and every such paya:eM shatl bea~ inrerest t~om Ihe date ther~of until paid at the ~
~ ratr of n~~e per c.m~m per annu~~; a~d aii s~~cJ C451j, Cf3!gcs and ~xpensas iruurreJ or paici, togeiher ~v~th w~h imerrst, shail bo secured by the lien of this ~
- morlaage. _ - ~ - ' ' ' - {
6. That in iha event of any breatii of th~f ldorr~ago or defauh on th> part o; Ihc- h10RTGAGOR, or (b) in 1he event any o! Said sumi of mcney
~ herein referred ~o be n~t promp•ty and fully pai~i w~ihin thury ~3~? days next afier the same severalfy be:ome due and payable, withou~ demand or notice,_ S
or (c) in tha ~rero each aM1d every the S1iPU~d11D~iS, ayreemznts, conditio=~: and tovena~ts of s~:d promissory note and th~s nwrlgage any or either are not
~uly, promptly rnd i~t:y per?crmeJ, d:s~!-~arr~ed, exe;ut,:d, etfrc~cd, ~anpleted, <omp~ic~! •.~ith and ab~de~ Sy, lhen in either or any such eveM Ihe said ~g-
- gregate sum mentioned.in s3id promissory notc then remair,ing unpaid, w~th intaresl aa~ued, and a~i meneys setured hereby, shall betoma due and pay
~ ab!e forth~virh, or thereaher, at the c~tion oi sa:d l,!ORTGAGEE, as iulty ar.d comptatcly as if ail of ~i~< said sums of money were or:ginally stipulated
to be pa:d on such d~y, anything In sa:d p:o~nlswry not~ or in this l.'-rrrtgagc to the <onirary notwithstanding; and there~pon or the;eatter at ~he apt~on of
said h10RTGAGEE, ~v~r}:o~t nei~cr or dt~ua:id, s~it at ;aw• or in equity, ~herefure o: thtreafter beyun, may be prosecuted as if all moneys secured hereby
had matvred pnuf tu its institufion. - _
7. That in the even? that at t~r beginning of ot at any ~ime pending any :v:t vpon fh;s Mortgage, or'to i.weclase it, or to refo~rrl it, or to enforca
payment of a~y cia~ms }~erevnder, said 1,`,ORiG..v:E sna~l aE.ply to Ihe Cuurt havi~~g ~ur.sd:u~on thereof for the appointmentof a ReceiJer, S~ch Court shall
Fo~thwith appoiM a rec?iver of sai~! merlg.;~ed prcrerty al~ and singvlar, inctud:r,g r.~~ a~~d sing~lar the intome, profiti, iswes and rever.ues from whatever
~ ~o~rce cferivrd, each ar,d every ~of wn:th, it being e~F~ress~y ur,de~srcecl, is t~.ereby merlgaged af if zpetilically ~et forth and deseribed in she granring and
h~bendum clauses hereof, and such Receiver shall n:ve ail the brcad ard efiet+ive fu~ut~ons and powers in anywise entt~sted by a Court fo a Receiver, ano
such appoin!ment shall bc rr.ade by such Court as af~ cd:~:itted equity and a mafter oi absolute tigh? to said MORiGAGEE, and cvithout reference to tfie
adequ~cy or inadequacy cf the ~•aive oi the property n~ostc~agrd or to tl~;,• soivency or u15GIYf71CY of sa~d MORTGAGOR or the de}endants, and that such t
, rents, protits, income, ds:u~s and r~venues shati be ap;~iied by s~ch Rec•=iver a:corcl~„g to the lien or equity of said MURTGAGEE a~d the pracrite of suth . j
~ Coun. _ . - - -
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8. To duiy, prcmplly ard (ui~y perforn~, d;e:huye, execute, ~ifed, complete: compfy v~;ith and abide 6y each and every ~he stipulations, agreemeMS, ~
' condit;ons ar,d COVC^3~123 ~n sa;d pro:,usso~y ~ote a::d th~s mcrtga3r set forth. ' . - -
- 9. ih_3t in the eve~et the otvnersh~p ef tFa mertgaoed prem~ses, or any part chereof, becomes vesled in a•person other than the MORTGAGOR, the ;
MORTGAGE~, irs successors anJ ass~~ns, may, r:ltho~t not~ce to ?he J'.10RiGAOR, deal 4:~th wch wccessor or successor in interest with referente to this
, , mo~~gage arc! thc drut h•.:eby setvrcd in the samr mannar as with ASvrtyagor v~ithout in ar.y.way vitieting or discharging t6e /Aortgagors' liabiliry here- i
F ~~rider or uron the debt i:c•reb/ zccured. t~o sute of Itie pre:nises hara•by mortgaged ar.d no forbearan~e on the part of the /lORTGAGEE or i1s sutce~~ars
_ ar ass~g~s a»d no exrensFo~ of the r~tna fo: the ~aymem of the debr hereby sewred g~~en by ~he h10RiGAGEE or its svccessocd or assigns, ~hal1 operbta - 1
' tu re?ease. d:scherc~r, rnecf~f~ Ce:~ngC or affect the or~giz~al.liao~t;ty of ihe ll.ORiGAGOR herein, either in whole or in put. ~ ~
° 10. It is s~er.f;cally agreed thar time ~s of ihe esser.r_e of this contract and, that no waiver of any obligatinn hereunder ar of the ebligation se- t
cured h~re6y shaL' a~~ tin:e Ih~reaite: L~ held b bc a waiver o4 th~ !erms hereof or ot !he inslrumenl secured herby. :
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11. (n U?f:a r~reqcrg mo ~~i~?y {~ay~rent; of F,:i::c pal and +:ueres~ reyuired by the promissory r.ole secured hereby, mortg3gar eove:ianfs
a~d agrees to pay :o mnrt~aa•:e .vith each`~~c~~:h'~ p3~r::ent an adc::r~ona! w~n _ss~~,ared by mortgagee to be equal to 1~'12 of the an~v~f cost af !he follov~=
in3: . . - - - - ' ~ ~ s
A-All reaf propcrty taxes lev:ed cr assesz^d against lhc.aoove described real ei~ate. ~ ~
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B-Pr_:nSu:~:s on : re aed vfindster:n insurar.ce as herein req~~red to be carrtc-d o~~ the +mproveme~ts situate on the above d~fcribed premis=s.
' C-Prerr.iun-.s o~ svch mort~age gusra::ry i: svrrr.ce z~ mcrtc~agee shall fro~n ~~me :o ti~ne deem fit to carry on fhe loan secured f~ereby. ~
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I,!ortgagee iha'i {ro:n 1i:re to t~:r.e r.ot~{~~ ~ertgagor in writing oi :he amo~nt doe and payablz herzundar and svch sum shall thereupcn be due and i
Fayab!e or, tha d:;e cat ~ of tre n~xt moatniy p~yment and each svucssive mor.th thereafter ur.tit mortgagee shall ~otify mortgagor of a change in such '
~ ameunt. Such svms sF:a~i•ce epp5ed by mertgagc~e to:.a.d tl:e payment of cea! preperty tax2s, insvrance prern:ums, and mortgage guaranty insurnnce
p~e:nEums. ' . . -
~ IN YJITNESS VrNERiOF, fhe sa;d lY.ORTGi~G~.R has he:eunto set his h3r.d and seal the day .and year iirsf aforesai~. .
~ _ Signed, Seafed ard delivered in the pres~nce of: i ~~i AC 1~ ' ~...,n(/(`1' -,~~.(1/~
~ ~j,- iL~~ j~h~ :Lrr~JRYLV ~+~LJ ! V'~- ~ ~Sf.'a~~ .
_ ~f.l~ii°~ irit,~Vi~ fLA. Elvan E 'bex k -
_ F~~ ~ - ~ •1; : r~Aa ~(Sea!) . -
~t _~t: ~ `-.YVIT COURT 1 - (Sea4 :
~~c~, ~!~rt-~ ~ { Ora M. Libers ~
- - - - - - - (5ebq _ • t
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. STATE OF FLORIDA - _ ~a~ ~ i! 3T !~ry - ~
~t ~ Lucie ~ ~iJ f -
cour~zv oF ~ - _ ~
$eferc me Fersona;:y ap, ~2~za Elvon E~_Llb@LrSiCY end -
s
~Ya ~'1• Libersky t,~: v~ife, to me ~vetf known and knovvn to me to be -
the "ind;viduais described in and v~Fo executed the foregoing instrument, snd ackr,owi~iged before me that they execu{ed the same for the p~rposes ~
Iherein expressed. Ard the said `QYa r1~ Libersky ~ - _
wi(e of the said ' 81VOI1 E. L~bc~sky _ , opon a separate and priea!a -
examination by me taken separate and apart irom her said husbar,d, ackr.owledged !o and before me that she execvted said instrument freely and voluo-
tar~ly and without any ccmpu'sion, constraint, apprehension, or fear of or from her said husbartd. , .
•t11TNESS my hand and offic~al szal this- ~th _ day of ~ ~Y , A. D. 19
7S
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~ . - Notary Pub1Ec in an the State of Florida at Large ~
- ' My Commission ex ' sc ' 10•30.76
Retum To• . ' - ~ _
firsf Federol Savir.3s S toan Ass~r~atior~ , ~
- df Fort P:e•ce. - _ ` ' -
_ iort Fietfe, f~or:d.) - - ,.~;;;~!i?ti!;t;~i ! .
- ~~`l,~ 3,~1 1 I/~ ~
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_ _ ~ ~ , ~V ~ 1 ~ -
_ . ' ~ - ' . • ~ - I ~ ~ ~ i ' ~t ~ `~J ' -
This Instrument Pre ared 8 W' - 1J~~•~ ~ ~ ~ ~ 'f _
p Y illiam J. Forbes ~ - ~ ~ ~ . ' t`
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First Federal ~Savings 8~ Loan Association . , ~ . , } ~ - -
1
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_ of Forr Pierce~ F~~r ida 33450 - _ ~ - ~ ' ` , ~ a ` ~
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t - ' - ~UUfI ~ilij ~ ~ ` '*a ~ ~ • ~ •t ~ ` , .
Checked By ' ~ ' ' ` ~ .
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