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3. To placa ~nd cOnti~~Jui~~ kerp on ~he bui!d~~~~t novi on c~res{ler ~i:uata on s~~d land and on all cquipmenl and persenaily ccvercd by this moft9' ~
age, w~th all pre~~~i~:n3 ihereon ~~~J in fu:i, i~r-: insurar~te in ihr usv~l s~arde~d ~~a~~cy (o~m, in a;um aFp~oved by lhe htORIG~(:[f, and windsto•m
. inturontc tn tha ~sv~l s~andud poG~y fam, in a sum approvrd by ti:a 1.1uRTCsi~GEt, i~l ivch comF~ny or co~~pan~es as tha AtOR1GAGfE may ~
d~tect; and all fire +s:r-! d~•or:n inw~a~~;e poUcic~e on cny of s+~d bvitdmys, eny Int~rust iFerein or Far1 ~ha~eof, i•i Ihe ayfl~egare su~n asorefaid ot 2
in exce~s lhereot, shQll con~ain thc uswf a~a~:dard mortgage~ claina o~ s~+ch other clause at the ti'.crtgageu inay roqu~~u, maAir3 Il~e los~ ~nder saiti polr
cies, each and :vary, payab'e ta said h!vK:G1GEE as ~ts i.~!ercii rony apprar; and eath and cvcry .••ch Fw:icy shaU te prnmptly aisgnrd ai~d dtGv.red to - ;
any held by sa~d A10RTGAGEE as (urth~r sca~rity to sa~cl mo~t~aga debt, and, ~~01 Its~ than ten (SO} Jays in adv~nto of the ei`~~d1iGn ot each poi~c/, ~o ae• = '
livcr ta said h10RTGAGEE a renevfal ihcrcof, iogcrhar ~vi~h a re<eipt [or tha premium ot wch ren~xal; and the;e shall ba no f~re ~vindeWrm inwiance , ~
placed o~ any oi said buildings, sny interet~ there~n or part thsn~of, ~nless in ~he SOf/T1 and with Ihe lass paya6fe as a(o~esaid; and in the evenl any tum {
~ o( money L•ecomes payable u~idrr s~ch po!icy or po!~cics s~id MORTGAGEE shall have the option to re<ei.•o md epplp the sjme on accovnl o( !h: Indebted• ~
nets setured hereby or to perm~t sa~d MOR(GAGOR-r, to rctrivr ard use it or any parl therrof ior olher purp~ose;, w~iho~t ~I>>r-of ~ti.:i•.i~~g c~ im{air-
ing a~y equ~ty, lien or r~yht undrr or Ly virsuc of this mo:tg~gc; and in ~he evenl sa~d A10RTGAGORS shail for any reaxon fai! to keap ihe ia~d premiset so • ~
insured, or fail 1o de~iver ~romplly any of ta~d pol~cies o( insurance fo 3aid i.SpRTGAGEE, or i~it ~romptly to pay (ully 3ny ~remivm Iherafer or in any
rr.specP iail to perform, dlstharge, execvte. e(fec1, cornptetc~ co:nply wiih rnd ab~de b~ this tovenaM, o~ any p~~l hrteoi, Said MORiGAGEE may F'ace ar.d i
• wi..
pay foi s~~th insuran.v c~r any pait thc~cof vvitheut wa~ving or affecting any oplinn, lien, equ~ty, or r~ghi vnJer or by virtue of thi~ hlatgagt, and tht ~
full amount of cach and evc=y such paqin~~ro shail be irnmcdiarely due and ~eyab'e and s!~3f1 ha3r i~112fN3) (rom the dat~ thcreof unti~ paid et the rate ol
nine fer ccntu+n par 0i:nu:n a~ed to;~rin_~ ~..•~th :uch intereer eh.itl bP SECUf~:I by ~hr I~en of Ihls mortgagc. ~ r
. 4. To pcrmi?, commil er s~tfer no ~vaste, tmpainnent or deterioretio~ of se~d uro~:crty ot any part thrreof. t
4
5. To pny ali and sing~lar the tosts, tharget and exper~ses, in:luding a rras~nab",e attorney's fee and cosls oi abs~ratts of title, intvrred or paid at ' ~ ;
a~y time by aa~d A10R(GAGfE, betause or in ~ne event of t~: iaiiure on Ihc pa~t of Ihe sa:d MORTGAGUR lo duly, promptly and fully p~rform, disrharge, •
~ exetuto, efictt, comFletr, :amply wilh a~d a~'d~ by e.sch and ev~ry the s~ipulatrons, agreer~ients, conditions, and tavenaMS oi said ~romissory noto and thil
mortgage ory or ~:ither, ard sa:d casts, ci~arges and exptnses, each and every, shal{ be immeJitilely dt~e and pbyable; whether or n~f there be notecd da
mand, attcrnpt to <oltecl or suit pend~ng; ar.d the full amounl of e~ch and e'+~ry svth paymem sha~i bea~ intarest ire+:~ "tha date thereof unt~l paid at the
rate oi u~nc per c:atum por d~l'~U:n; and al; said r~sts, chvgza a::d rxpcnsrs incurred or paicl, togzlher ~wth tuth intereit, shall be secured by the lion oi 1hi~ _
. mortgage. t
, i. That (a) in the evenf of any breach ef ihis Alartgaqe ot deiault on ~he part of the,MORTGAGOR, or (b) in the event any of sa~d sums of money ~
' hereiit roferr~d to b~ nol promptl~ end ~u:ly paid withi~i th:rty i30) days neac afrcr fne same s~verr!ly betome due and payable, wilhoul demand Or notite. '
or (c) in ihr evznt each and every the s~ipviatians, rgreements, cond~tions and cavanan+~ of sa:d prar;ssory note and Ih~s mortgage any or either are nol i
~uty, pro~npNy and iulty performeJ, d s;harged, execureJ, efleaed, con,pteteJ, ce;,~pGed ~~fiih and at:~ded `,y, then in e~ther or any su:h evero th~ said ag
c~regate sum men~icied in sa~d prom~ssory nc•te then remainin~ un}aid, .vith interest accr~e~, and atl mo~eys secured heraby, shall become dve and pay- ~
ab!c iorthwith, or therealc~r,-at the cp~~o~ of s~iJ A;QRiGAGEE, as fuily and compietely as i{ all of ~Me said s~ms of monal were o~~g~nal~y at~pulated
to be p•rd on such d~~y, anything in s~.d pro•~~~ssory note er in t'~is 1: orrga~r tu tht contrary not.vithstanding; and thereupon or therzaft~r at the option of
said MORTGAGEE, •.ti~tho~t no~~ce or demand, si~il at lae~ er in equiry, therefore or thrYeaiter begvn, may be prosec~ted as if all mca=ya sec~red hereby
hzd matured pnar 1o its instrtutian.
7. That in ~he even! thal at the beg;nn~ng of cr at any time pend~r.g any sv'1 upon th~s Mertgage, or to foreclose it, ur to refarm it, or to enForce
paymeN of any cl~ims hereund~r, s~;d ".1~iRTGAGi: sha:~ apply :o thr Covr~ haying jur~sd:ttion lhereai for the appointment of a Reteiver, such Coun shsll
ferrh~viin appoint a rete;ver of aaid mc~:tn>ged pro;:•_rty afl and singular, ir.c'.~J:ny ait ar,d s:ngular the income, pro(fts, ISSUES and revenves irom v~hataver
sou~ce deriied, each and every oi r,irch, ~t ir:~r.g e~.pressi, unde~stur<f, ~s hrr_-uy ~n:.~~~a~.d as ef-sFec~Gtal~y set forth and des.rEtr;d in tha granting and ~
h3bendum clavses hereof, and such Receive: shall have a'.: the b~ead and _effed;ve (vd~ o~s arJ poHe~s in anyvrise entrusted by a Court to a Receiver, and
~ such aPpci~tment st,311 be n~~de by s~ch Court as an ad.~:itted equ~ry and a~ra~te: cf `ebso~ute right to said MORTGAGEE, and withoul refere~ce ro the .
adequa;y"er inadequacy of IFe v~!oe of itie prcperty rr~ortgay~d or to the s~•.•enc) or :r.:olvenc~ o( said f.AORiGAGOR or tha defendaros, and that suth , t
renu, prof~!s, income, ~swas and revences shail ne a~pG~d by such Reccive~ auord~ng to the lien or equitr ot uid MORTGAGEE and the ptactice of svch ~
Covrt. . ~ '
~ 8. To du!y, pre~-ptty and futly pertorm, diech_rge, execute, edeect, c~~.plete, co~n~ly v:ith ar.d a~ide by each and every tha stipvlalior.s; agret•ments; ~
candit~or,s arid co•renan~s in said promissory no!e _and sh;s mor~gage set ferlh. _ ~
~i. Thar 7n ;F,e ec~.^.t the ownership of the mortgaged pre~,ses, or any part ~hcreof, 6e.omes vested in a person other than thz :VIORTGAGOR, the
YORTG~GFt, its scccessars ar.d assigns, ~:~ay, wlthout noti~e to the :;ORTGAOR, deat •.:i~h such successor or svcceuor in. interes: v~iih reference to this j
mo:tgage a~:d ~h•+ d.bt h~reh~ se<vred irt the same mar:ner as v:ith l.lo~tgagcr .vi:hout in sny •,vay viliating or discharging the hlartqagors' liability here- ~
under or upon +n_ d_bt h_ret~~+ s_t~rcd. t~lu sa•^ 01 tF:e F+efn;ses hrreby mc+rtg3ged and no (orbearance on the part ol the I,~ORTGAGEE or its s~ccessors ~
_ or ass~g*~s and r~o e:a=~~r:s~o~ of tt:e tim~. for the pay~rent oi the debt" hereby securnd given 6y the h50RfGR~GEE or its svctesso~s ot assig~s, ahall operote . +
lo relezse, d sctiarg~, mcdify :har.ge or aF;ect th? crin:n: i liab;lity oi thz 11,ORTGAGOk herein, eitheF in who?e or in part. - ~
i0. It is spec~fica[ly e~reed tFiat time' is of t}:e essence of t}~h con~::.ct and tha! no woiver of any o~ligation he~eunder or of the obligatior, se- {
tured hareby shail at ar.y tim~ thereaEte~ be he!d t~ be a waiver of the !erms herFof or of the instrumenl secured herby. ' i
11. M ad:t:t:o~ ?o i't,e foreger.~ n~e~,tn:•~ ,»~r.,~nts ~,f ~.ri::t'pjt and inte:ett requ~red b~ tl~e prom;ssory notc secu-ed hereby, mortgagor tovenants
and ag:~es to pay to r:iorta~~~_e v.~th e~~~. :r'..^.fh!y ;~3;r: e;~t :.n ~dd:~icnai s~m _s;~.r.a!ed b~ mor~gagze to be equal to 1~ 12 oi the annual cost of the follow-
ing: _ - _ - - .
A-A;I reai propcrly taxas !evied ot assess•_d aya~:ut tne a6o~~e cesc.~~ed real es~at•_. " • _
- 6-Prcmiurns on fire and wu~dsrcrm :nsvrarc.• as iiere~~ r~qu:red"to ir car++ed on the ~mproveme:~ts situnte on the ahove dascribed premises. .
C--Pre~e,~v~~ s on s~ch ~~~or~~;ge guar~~:~ :r.sc~~~ cc os ~~c•tg~gee shali ~roe~ t n~c to.tim~ deem fit to tarry on ihe ioan secured hereby.
_ :.tang~gee sho'i 'rc~s rl~r.e to t~n,e ~+c~:' ~err~;a~cr ;n_~.riteng o£ tHz-~*r.o;ntT dr ar:d payab~e huevnd4r and svch sv:r. shail ihcreupon be due and -
payable on 1he ;.~ve oa:e oi ~h° n^aI .nOn13n,~ ; rir.~entyanc~ each suco.ssive rronth thereaft~r ur,til rncrtgagee shall notify mortgagor of a change in wcfi
amount. Such sums sha~l ye ap~~;ied 'oy r::or:g~g^~ !u:•.a•d the payment uf re~l orepert~r taxes, insurance prern;~ms, a~td mortgage g~aranty insvrance
~ _ _ - p:em:ums. ; . - "
R tY N~SS V:HERtOf, ~'.e said . RT AGOR hea h_reu :TO se: h~s hard and seaf the day_and- ear first aforesaid. - y
Si ed, ~:a!ed ar.d de e~eJ ' e resence of: - f
. - . EidE~ ~Rf: ~~~:~3''•4Ea t
- - ST.t'vC.~ ~7~~~Y. FU- l ~ , ~1 (Sea{j '
~ - ~Zl nu';%'• ~'S ? 4 - e (Seai) _ ;
~ - _ ~ _ ~L-F~. _.,.~~r caua h _ , ~ • -
- ~crn~f' - c-t-- (Seal) ;
- f f--- , . . . (Seaq E
" STATE OF FLORI - N~1Y ~ ~ ` • - ,
_ ~ SS. . - ~
~o~~s~
COUtJTY OF _ _ i ~
~ • GUS X~ !!~T ~Of@I1S y and '
Before r-e persona.ly aF~ezr2d ~ .
_ }ie1Qn Har*.ofelis h~s vrife, to me wetl known and kno~vn to me fo be i
fhe individua:s d~sc~ibed in tnd who ezecuted the foregoir,g instrument, and acknovriedged before me Shat ihey executed ihe same fot the purposes `
Ih~rein expsessFd. And the s~id _ ~lelell N2irtOf@~.1S -
wife of the said G11S ~C. f{c'~iYtOfQI1S opon b sepatate end private ~
exam~natian by me taRcn separate and apart from her said husband, ack~owledged to end before me that she executet! said_ instrumer.t freely and vol~n~
Iarily and wtthovl any co:n~uision, constraint, apprehens~on, or Fear ot or irom he aid bus d. ~ ^
Y~ITf~:ESS my hend and oftic~al seal tk~s - day of ' - A_ D. 19
~ _ - _ ~ ~ .
~ - ir'otary Pubtit n
• - • My Comm~ss~on Pxpires:
Retu~n Tn: "
' FR:~. T.. CI7.EK -
_ ' Fint Fec'eral Savinys R loan Asso:iation - ~~~Z~, PUt~;,G 5t: tc :~t `:ew Yark
Of fort P:e:c•~. - . ~ic•. ti'-5;+~?~i}fl
- Fcrf P:e~ce, Flo+:d~ - _ Qaa~ified ie~ ~~~:~eas Cotmty'
. - Cert. f~ed ~~itn S?~Ieen~ Co. Rtgr. _
Tenn Exp;res- :~larch 30, • 14.~-~:=• -
_ - . ~ ' ~':~-.'~l~~f 'r
. . ~ ' J •~~•~LSi~~~*'I. I .
- This Instrument Prepare~ 8y J. Ha7. Robertsi Jr. . ; •:~ti ;
First Fe~eral S:+vings & toan Associafion . - ~ ' . ~ ~
- of Fort Pierce ~ ,rl.orida 33450 . , : ~ ,-r`~ • - ~
' r ' ' i
U R ~ - ~S ; ; ~ - F
Checked.By ~ • SOQX~.~L~~7 3'l~C~ . ; ,,d: r : -
- ~~y
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- . . - - - . ~ - =i v~'~'~
j~is~i+`'~~• ` i
. _ . - . - ,r'~~~ ~ r i~ t
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