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~ 3. To plece enJ con~inuously Merp on Ihn l~ui'd~ngs no~v o~ !:erraite~ >;tuate en s~~d lancl and an al~ e.~v~pment and prrsonally covered by th~s mortg-
ege, ~~iih all prcmiwns Ihercon pa:d ~n fu~~, f~~e ~nsvra~.e in ~!~e ~sual et~r.cie~u ~,ci;t/ form, in a wrn ~F.;.ia:aJ by Ihr ly'UR~u:~G;f, anJ w~r,~islorm
insvrance in thv us~,al aiand~rd po!.cy fotm, in a su~t~ ap~voced by ihe M7kIGA~EE, in such con~p~ny or co~r.~~an~es as the At02iGAGEE may
_ dirtct; and alt 1'ue a~~J w~n~t~torin - im~~sance polic~•: an any of ta~d twilcl~n9s, any interes~ thcre;n ax F~ar1 th~_truf, in Ihe aggrega~e sum aforesaid ot
in extzis thareof, s1:a11 ;a~tain thc uswl 3tdr.d~rd moifyagac claus~ or su:h othe~ t~~~se es tl:e Atort9a7ec ~nay requ~re, malin9 II~C lots unJ.r sa~J poli• '
ves, eaCh and every, payab!c to sa~d AtJkiG~GFE as its int~r~u n~ay apprar, ond each ard cvcry,~~ch po':<~ eha~l be pion,~,dy aisgneJ and d_l~vered to -
any held by •efd 1~!ORIGAGFE as iurther seturity ~o s+id ~norigage alab~, a~,J, not lrs. than ten (10) dais in ad.,i~~ce of ihr ex~ ir~efo.~ each pollcy, to de• ~
liver to said A10R(GAGEE a rene~:•el thereof, toge~h:r wirh ~ r~ce~pt (or tha pr~iniun: of wch rene.•:al; and ~hcre atia~l ~e no Gre or ~vindssorm i~surance t
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: placed on any of saiJ b~ild~nys, any inlerest there~n or parr ther~•of, un!~:i ~n ih: tc~m and w~il: the to~: payabte as .~~oresaid; end ;n the ev~nt any sum ~
of monay betomes pjyab!e under such policy or pol~cies ia~d ~~tC~RTGAGEE shal) have ihe opLon to tec.i~~o and apply the ~ame o~ acco•,.nt o( the indebted~ i
ness seccred hcreby or to p~rrn~t sa~d /AURTGAGOP.S to rece7ve a~~d we it or an ~l,errof {o, o;i,rr #
Y t' purEoi~~s. ~y;lh~~u1 111:rri» .~:~~:i.i~ Cr ~~i~pa~:•~'.f
• ing any equ~ty, I;cn pr ri~ht und:r or by vi!I~e oi Ihis mc:t~age; r~d in Ih~~ even~ sa'd MORIGAGORS sha!I for a~y reason fail to keep th~ sa~d premises so + ~
(nsvred, or leil to del~ver prompl~y any of seid polic~es ut inwr.ance to sald ~ti~C)RTGAGEf, or fai! ~,romplly to psy (ully any pre•ni~:n there(or or in any ~
refpacl feil to perfor~n, discharge, execute, eI(rU, comp!etr, ;arply with and ahide b~ this covena:it, or any pa~t h~raof, said MGRTGAGEE may plate a~~d
pa~~iot such insur.~nte or any part thereoF ~vitho~t waiving or affecling any opt:on, lien, equ~ty, or ri~l,t ur.dtr or by virlue of tf~is /.lortg,~gr, and the ;
(ull arr.ount of each and ~ve~y si~ch paymeN sh_~II 6e immeJiateiy dus ard ~ya~ie anct ~hat}-berr intereil irom tha date thtreof vntil po:d at Ihe rate o~ ~
nine per tenlum per annu:r~ and to~~~her .tiih wc4~ ~~it-~~i•st sh.~li be sec~red by It~e I:en of th~s ntortgagC, '
4. To permi~, tom-n~t or ~u(fer no wa~tc, impairmcnt o: deleriorat~on o( said pr~};crty or any part Ihercuf. -
5. To pay all ~nd s~ngut~r the costs, chnrges anJ expenses, indud~ng a rrasonab!e aitamey's fee and costs of absrraNs of title, j~curred r+ paid at
any ~~mc by said AtOF1C~G~E, because or in Ihe event of th: (s~lu~c on Ihe part of ihe said At7RiGAGOR to du~y, promptly and (~lly p~rfonr+, d~scharge,
execute, eifet~, complele, comply w,lh and ab:Je by e~ch an~ every ~he stipulatio~s, ayrec~~~ents, condi~ions, and covenanls oi taid pro:nissory rote and thii ~ ~
mortgage any or either, and ea:d cos~t, cFarge~ and expenies, each and every, shef; be immediate;y due and p~ysble; whethet ot nol there be notice d~ ~
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mand, atte~npt to co!!ed or suit ~end~ng; anJ the fu~! amount of each and eti•ery st~ch payment shall bear int~rest (rom Ihe date thereof _until paid at ihe ~
~a1e o! nirr per tentua, ~,~r ar.nu:n; a~~c! aIl said cos~s, cha~gei and ezpenses ~ncurred c•r paid, together ~v~th s~ch interesl, sl~all be securcd by the lien of thi~ -
' morfgx~e.
6. Thal (a) in tha event of ;ny breach of ~h~s Mcr~gage or deFault on the part of thr A10RTGAGOR, or ~b) in the zvenl any of sa'd sums of money - '
herein re(errecl to t~ not pro~nplly and fully paid v~l~hin Ihirty (30) days nex~ at~er 1he s.+me arvera:ly brcome due and payabfe, without demand or noticr,
or {c) in tha even! each and ev,:ry the stipu'atians, agreemenls, co~ditio,is and covrnan~s of sa,d promissory note and th~s morlgage any or either are not
' ~uly, prornptly and f~11y p~rlo:~ncd, d scha:g_~d, exe:urad, eifec!ed, ca~r,p!eted, co:nf,l~ed v;;~h ar,d a6~~i~d 5y, then in e:ther or any such evt ~ the sa~d ag-
greg>_te sum memioned in s~id pro:nissory ~iote then rema:ning unpa~d, with irrtere;t a.cri,cc3,-and ail ~noneys src~red hereby, shall betome due and pay-
ab!c fa~th,vith, or thereaftcr, at the opnc~ of sn~d MORTGAGEE, as fu1ly ar.d co~npSe!ely as if atl of the s~id sums oi money wcre or~ginally st~pulated .
' to b~ pa:d on s~ch day, anythir.3 in s~:d pro•n~ssory notn or in th~s 1'.lurty~a~~ to ~he co~~trar~ notwi~hstar.ding; a~•d ~hereupon or therealter a~ Ihe option of
said l.'~ORTG~IGEE, v;ithout nor,c~ or de~r.ar.c'., suil at 1j1~ e.r in eZvit~, th«eFore or ther~ahc•r begvn, may be prosewted as if ail moneys secured hereby
had matur~.! pnor to ~~s i~stirution. _ _
~ 7. That in tha evenl tha~ at the t,egir•n'~~g oI _er at any t;me pending a~~y su~t upon ~his le~ortgage, or to forectose if, or to reform i!, or to enforce ~
. pa~ment of any ciaims hr•cuncl~=r, s+:d ~',i~R1G~:G=F sha:! a}~p:y to the Court ha~:r:g jur~sd cti~n ~h~•rro! lor the appo+ntmeM of a Receivcr, such Court sha11
Fo;thwith appoin~ a rece~ver of s_~d ~no:t~ag;d prerr.~y a:! a:~d singuiar, ir,~tuday a~l a~.d s~~~yutar :i~e in:ume, proli~s; iesves ar,d revcnucs from whatever
sourca c:erive(~. E'cLf~ and e,c-rY ef ~tii;lch, ~r b•~icg e~presely vrders~eed, is hereuf ~r.i,rtgayed as if specifical:y set fort{i and described in the granting antJ ~
habendum clavses hc~eot, znd svch Recrire: shail I~a.c a'I Ih~ i,road ar,d eiiec+:vE fu~ct c:~s and pov:~rs in ar.y~~vfse emrusted 6y a Court to a Receiver, and ;
such appcintmenl sh3!{ he mede by i~ch Co~:~ as a~i a4miflcd equ~ty and a n.3tler o~ absol~t~ r~yht tu said N~ORTGAGEE, dnd w•iti~oul refr.rzn;,e fo fhe ?
adeqv;cy er inadeqwty ot t~a vaivr of the prop~rty mortgaged or to ~he so:~ency or ;r,soloer.c}• of sa"rd 1,10RiGAGOR or the defendants, rnd th3t such 3
ren~s. profits, inconao, isaucs and revtr,urs shafi h: appiied by such Rec~i:er auord~~ig to the lieu or_equity oT said P.10RTGAGEE and the pract~ce of wth '
Coutt_ . _
8. To du'y, pren;pt:~ and (utly perform, d:sch~rya, execute, e~rec!, comp'.ete, c~r.~pi~ v::th and abide by each and eve:y the stipuiations,_agreP.nents,
condrtions and ccvenanti ~n <_3;c} oromisso: ~ nole ar.d m;s mortgage set forth.
9. TF.st in the event thc Gvrr,crsfiip o( the mortgaqnd nre:n:ses, o~ anv p3rt tnereo~, Eecorr.es ~•este~ in a perion othe: than th~ MORTGAGOR, the
MORTC.:Gi:. ~ts svccessers and asslgt~s, may, v,;ihe.;t r~o~i:e to fhu ;;,p2?G;.OR. dc;! ;v;~h s~ch w~cessor or svccessor in interest w~th ~eference to th~s
n:ortgage ard the ~ett Fere:~y tecured in rhe same mar.ncr as w~th tAortgygor •rnrheut :n any wa~ ~itiating ot dischargin9 the Moitgagors' liabitity here-
undrr or vpo~~ th~ dabt hcreb~ sec:~red. No sa:a of :l:~ ~~t•r,is^s h.reL~ rno~tgdgzd ar.d no (or6eara~ce on ~he pa~t oE the MORTGAvEE or its successors
or ass>rn:s a~,d ne extension of the f;rn•~ tcr t~~~ pryn,_nt cf th•_ clebi her.,by set~ted given by the N,ORTGAGEE er its successors or aisig~s, .SaG operate
fo re~ease, d:scharge, mod:fy th3t;g_ or af!ect ttie orig:nal fiau:i~ty oi il~e tdORiGAGOk herein, eitFer in whole or in part.
_ 10. ?t ;s spec;t~:a!~y ~greed tl~ar t;me is ot tl,~ essence of th:; cor:sraa arz~ ~har ~:o waiver o( any obl;gat~on hereunder or of ihe obligation se- ~
e~red h~reb/ sha'i at any timP th~rejfter b~ hetd fo be a v.aiver of th~ !erms hereof or of Ihe instrume~t secured herby. . - ;
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, 11. In r.dcl ~:c~ r~ th~ ioreno'r.n rronfh:~ n~~ ne-~rs of print,~al and i~~te•cst requ~~cd by the prom'sscry nctc secured he:eby. morfgagar eovenants ~
and aarces to pa~ to ~~G~1C~;~ee v.~~h c~.cn ~::r.*t,'y rn add:•;cna; s~.~-~ esi~:~:•aicd bf mortgagee to be ey:;al to 1 f 12 of the annuaf ccst of the #o41ow- 1
ing: . . ~
_ A-Ail real prcrpcit~ tax~s ~~vied or assezs-,d ag~i•,st the ah~ve destn6cd rsal e:tatz. • • i
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& P:•~:c'u:ns en fir,~ ana ~vindstcrm ~esv•a~ ce as i~e-e~n r~ ~u~red to be ca~r~cd c~~ !h~ improv~me~ts stuate on fhe above d,s.ribed ~rem~ses. ~i
- G-Premiu:rs on such ~ncrt~- ' - {
~~ge gua.anty ~r.5urarce a; mer;gagee stiaJ f:om t:~:e to t~me deem fit to c~:ry on the loan sewred hereby. ~
t:,crtgsgee s!~~i~ .'~om r,~~.,r s~ t~r-,e ~:c~~ly rrert~~gor in v:r;t~ng of th~ a.: o::nt dur and payable hereunder and svch sum sfiaR thercupon be duc and ~
~:ayab!e on tha dve dj+~ o: tn_ ~.eet :::~~rh!~. paym.e~u and each sv.ccuive :r•o::th tfiercaff~r uiviliticrtgagee shall no!~fy mortoagor of a change in ;uch ~
amount_ $uch s~~n:s s!~a~t b~ ap~:lied by mcr+ga,~ee to;.ard tf~e paymenr ~f reat FroFerry ?axes, inswante pre~r;ums, a:sd mortgage guaranty insurance ~
p+cmiums. . _
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_ Itr'- \'/IiNESS ::NEReOF, th~ s3id MORTGAvOF, nas herr_~~~~o set his har.d and c~al the djy ar,d year firsf afotesa~d. ~
:gned, Seal.^d ar,d deiivered in th.a presence oi: ~h,~ - ~kp~
- Q/~C.C.~ - ~~i:ii~ . . ~ (Seap
Sh3r W'" el~.s a sinqle ~lt
- - sc.E~K ~,;.;i Go~ST ~
- - p F r r.'r, f Y ~ : F i ~;a-~-~r - _ {Seal)
. f1~! 4. fe0 f~~' cSea!)
, S7ATE OF FLORIDA - ' . .
COU!~TY OF $t • d..L1C1@ ; S5. I ~V~
Shirle W. Wells a sin le adult -
B^fore me ,r,ersona;ly ~,.pao:ed --------y 9 - 'bRd
- - - !r.'~ ~tN~! to me we!1 krawn and known ro me to be
fhe ir3ev;dua' descr<<~_d in and v:ho executcd th•. {o;egoing instrument, a~d ackno.viedged before me 1hatS~le executeJ 1he sam= for tne purposes_
Iherein er.pressad. <+nd•yiK,i~i~~ -
.~:f ~~ti~s. w iJ ~
- x
~ -
, ~i;?~iO~~`i~ ~++~'~F+?~+sww! .?t~ircywr}+rr • I~~~P~~te~~~w~Ne
1~ "G! s~+~f~f+e~+r~~ !t3'~e ~rtd'~ 3t ~
~A~~S ~h ?FR~'7CRQtE~d~3i'J1f1SriV!h!t}t afSR9ClJ?~~'
, +l~ily.~r3...N,~.~y..p..c~r„is;.ns~tww!~i"w:~~epp+~e.+re?~w,~fee+tfer- t~
~t~e s~Mfiesb~fsd
~
Y/ITNf55 my hand ar.d offic~al seai-t}~is_ day of_ _ ~1ZlV A. D. 19_~ ~
. - a
Notary Pub!ic ;n and (or the te of florida at Large
' _ ' _ " h1y Commission expires: '
iteturn Ta: - -
' First Fedetal $avirtgs 8 Loa~i Assot=ation _ _ _
Of Fart P:.~rce-
' ~ f.~:t Pierce. Flo*ida ~IOl~tlh/ P~~t. jIM/ Of ~{f.Y~a A1 la~~ ~
- _ Mr Canmission f=pint Oc1. 30, 197b ~
_ - {~nd~d by /lmerkan Pu~ l Caivoltr Ca. - t ~
. . . . . . _ . ~::It~~~"
This Instrument Prepared By - Robert A. Swisher Jr. - ;j'r, f J~ `''1,,~
- First Federal Savings & Loan Association ~ ~ ~ ,
_ of Fort Pierce ~ ~loY 3~45U - - . ~ i ~ • ~ ` ^ . ! _
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Checked 6y`~";~~_ " ~ ~ . = r : -
- - '
• ' ~ : ~
- t 0' A~ ~~tJe`,f - ~ ' - . ,
, 600K PAGf ~ - . ~ L 71~ • r~ . ~
~+tJ`# ~ : ti. ~ ~
~
- . ~ - ~~~':~`-1~
- } ' " : ~
- - ~ '/~s t~~e -
i it-_- fIZ_'~`r''_:.' ~
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