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3. To pfaca and coNinuOvsly I~cep on tfie buildi~igs nuw or h~rcaf~er fit~:~te on Sdicl 13n(~ JnC~ Or1 ali c•quipment and personally covered by th~s mertg-
ege. with all premiumi Ih~reon E~i~d ui (ull, iira insvr.inc~: in ~ha us~+l siard.~r:l polity Fot~n. in a sum a}:Nrurcd by Iha MORtG~G[E. and ~vindstoim
insuranca in ~hc uwal s~and~rd pol.cy iorm, ~n a;um approved by 1hz h10kTGF.Gt£, in such comp~ny or tompanies as ~ha k1LR1GAGCE may
direct; and a~l fire anj wir,datorm insurintu policics on a~~y of said buitd~ngs, any in~arcit 1{ierein Jr part Ihercoi, in Ihe aggrega~e w~n elorciaid or
in excess Ihereof, sF:a11 contain tt.a us~al sta~~.dard monyoge~ clause ar such ot1~e~ cai,s~ ae tha A1uri~agee may reywre, mal.ing ~he ioas vnder se~u {w~i-
cies, each and every, payab'c to Said h1~,~R1GAl;EE as ~n inter:si ~nay ,jppear, and ea:h and eve~q wch ~;a:c~ s~~ali t:e promptly ~ssg~+<d a~~d detrvcred ~o
eny held Ly sa:d RIORfGAC,EE as (urih.r s~cu~~ty ~o said morl~age d•:b~, a~~d, ~iot le» lhan teii (IUi da~s in ad~.;nce of the rxpiration o( each pol~cy, ip dt-
liver to sa;J AtC~RiGAGEE a re+iewat thcreof, logether w~th a receipt for ihe premi~m of svch rener:al; and Ihar~ shall be no G~e or .tiinduo•m insurance ,
platrd on any of said bvitd~ngs, any interes~ Ihere~n or pari ~h_r.of, unless in th; torn~ ~.~i1 xith the luss ~ayob!e as afcresaid; and in the c+•e~~~ any sum
of money become: payab~e undrr such policq o~ polic~es s.+~d t,1iU21GAGtE shall hove tl~~ opt~on to ~ec~ive ~nd appty tha sa~ne on account o4 Ihe indabted-
nCSS se,ureJ hc~eby c~ ro perm~t ~a~i) I/ARTC'.AGORS to rceeiv~ ar.d ute i! or ~~~~r p. r~ ~hc:r~oi ior o;nrr F~u~c•usrs, ~•.~~hout th: o; .vai.~,i~ er ~•npe:ir•
ing any equ~ty, Gen or r~ght u~dzr or by vir~~e of this mo:tgagc; and in the eveM sa[J hlUk1GAGORS sha!I tor any ~cason fail to kcep ihe saiJ premius so !
Insured, or fail to delhc~ pro+nF,tly ar,y oi said pol:cies oF inwrance to sa~d 1110R1GAGEE, or (ail promptly to pay tu~ly any premium therefor or in any ,
respect fail t~ perform, dis:i»r~e, executa. ef(ett, con~p'eta, co;nply •lvith and ahide by th~s covenant, or any p:ut h~•eof, said rriORTGAGEE may place and
p~y for wch insur.~nc~ or any parl thereuf wi~houl waiving or at(e:!ing any optiun, fien, equ~ty, or right under o~ b~ vi~tue of Ihis Atortgage, end tht y
futl amOwi~ of e~<n ~nd e~ery svch ~:aymant iha!I be i~nmadi~ieiy duc ;ncl p~~ah!r: and shall ht.t inl~resl trom 1F~e d~te fhcreo} vntil paid at the ra~e o~ • .4. ~
nine pe! tenfu•n Fer annum and ~cqeth:ri •.~ith su:l. ;~~!cr, st shaii !>e s•~:uted by the li.~n of thiS mCrtc~agp. f
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4. To F~er~rif, commit or suf(er r.o ~vasle, in,}:aim~ent ur deteriorat;on of said ~~roE,crty or any par~ thereuf.
5. To pay all and singvlu the tosts, charges and exF:enses, includ~ng a reatonahle attomey's fee and costs o( abstratts of ti11e, int~rred or ~aid at
any Nn:e by ~~~d AIORIGAG~E, becausc or in ihc eti•en: oF th~ to:iur~ on ii~~• par~ of ~he s;,:d A50R1GAGOR to duly, prompNy and (ully perform, d~scharqe,
exetvt~, effec~, ccmplrt~, co nply w~th and al~:J: by each and evety rhe stipu!ations, agre~ments, conditions, and covenae~ts of said p:omissory ~otz and this
mortgage any or e~thcr, and sa d cests, chan~es ard expenscs, eoch and evcry, xhaH 6a in~mediately due and payab!e; whether w not there be notice d~
mand, atte+not to co•~rU or suit pend+ny; and d~~ iull amounl of each anc! every svch p~ymeM shall bear irttres~ irom the dato.thereof ~ntil paid at Ihe ;
rate o% r.ir.e per ctntu~n H~•r a~~nv:n; ~~x: ait s~~ti tosis, chargrs and e~;~~•ns,~s irc~rrrd or paid, ~ogtthir w~th sud~ interesl, shall bz setur?d by ~he lien of th~s
mortgage.
. 6. Th31 (a) in th~ evcrt of ai;y brea,h of this ~~o~t~age or def~u;r on tt,~ part of ft~c• A!oeTGnGOR, or (b) in the eveM any of sa:d svmt of maney
hercin referred to ba not pron~ptly ar.d tuthr pa[d .v~ih~n th~rty (30) d~yi ne~t atter ~he same seve~a:rj become Jue and payable, without demand or notice, _
or (c) in ~ha e+ent each anJ evc ry thc st~F~ulaNons. r.yree~nents cor•.d~tio:~s ar.d co+enanrs of sa!d pro~nissory note and ~h~s martgage any or either are ~oi
- ~uly. F:ro~~y:rh; a~z:! fu!:y i::~rtern:._d. ds:'~3:~ed. ~•tccUtrd, ~ffeued. co~:~~'errd, ce:~~::`~ed ~ti~~h and ah~ded tiy, then in e;ther or any such evenl Ihe said ag-
grega+.~ sum n:ent~oned in Saicl f:rcmissc~y no~e tl+en ren~a~niny ~~:pa~ci, v~~th interest aarurd, and ali mone~s secured herety, s}~all become due and pay
ab:e (orth~v~th, or thereafter, a~ Ihe o,~r'on pt s~;a ,~t02IGAGEE, as fulh; and co~npie~ciy as if a~l of t!~~ sa+d sums oi mo~ey were or~ginal;y stipulated
to be pa'd on such d.:y, ar.ythin;~ in s..~f }:ro:r,~ssnry note o; in ~h~a t:,o~tgaa ~~o thc co•~vary ~iot:+ithsrard~n~; and Ihereupon or theeeafter at the option of
said RlORTGAGEE, r:i;faut notcv o• de:~:a:i,1, s~it at Ia•.v or in equity, therefore <~r ih=rcafler hegun, may be prosecuted as if al) maneys secured fiereby
had n,arurcd p~~rr io ns inst~rur;on. _ - .
7. Tl~iY i~~ tha evertl th~~ at ~hr b~_g;nn.~~a uf or at any ti~n.~ pendin~ any su:t u~r.~ t{~is 1Aortgrge, or to foredose it, or to rcform it, or to enforce
p~yrnent of any cl.:~:+s ~e~•~und~r, s~~d t.:JR1G:aG:._ s'~a~i :~4,ply ro tl:~ Ceur~ having jw~>u':ction Iheriof {or She appei~tment of a Receivcr, such Court shall
Forth~.;th a~.~~c•;nt ; r.:e~•:r~ ef s~:.! r.:or!c;au.d uro~~~_rty ~11 a~~d si~~~u'ar, indud;nq a:l and sinyu~a• the incon•q pro}its, isSues and revenues }rom whatevet
s.~rce d~rl,z~ct, e.~ci; and •r:ery :,f v:+.i:~h, a~ ;..~i:.g .~x;:ress'•; ur.derst~cU. is F.e~ely m~~rt~ag_•d as il spccifically set farth and described in the granting' and
haber.dum c~~vses f;cr-_r', and ~_c}i R~ct~ve: sh~~! F:~•.e ail ti~~- brcad~a:~d etfettive func!~::ns •~nd powers in anyw~se entrusied by a Ceur~ to a Reteiver, and j
sech arpeinnne~~t sh~~l i~~ rr:aue by avch C~~~r; as a~~ .,~l~,~~tt_•d .•yv:;y ar.d a n:attcr o5 a!:soi~te r.yh± to said h10RTGAGEE, and withcW referenca to the ~
adeqv~cy er ~nad~~q_~~cy cf tl:a vaiu~ o{ ih~, ;x;;c,•,rry i::o~!gaged or to +f,~- so.v_r~cr or ~r:SO~vency o( said 1JlOR1GAGOR or the detendants, and that such ~
reros, proiiTS, inco~ne, iss~_s and rr-~e~n~es sha:l ue apf:i~ed such Recciver ~aorci„~g to rhe Gen or equity ot said MORTGAGEE and the pradite of such '
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8. io du'~, pro~~,:~:. a~~d fu!!y perfertn, d1;ch~.,:e, execure, e(i.-cr, com.~~tetr, cor::Yi~ •xith anJ ab~de by each and every the stipuiations, agreemeNs, '
condilior,s and tov~nants ~n s~:c }~rom:ssor~ =~ote ~r.d fi,'s n:orty~~e sct fottn - .
4. That in the c.e~t th•; o:~ners~~~E: of ti.e sr.o:~^yaged prc-n~ses, o: any•part th.~rect, CcCOmE3 vested in a-person o~her than thc MORTGAGOR, the
ti'GRTG=+GEE, i~s su:cessors ~~:d ass:giu, r.:ay~, .vi~hout nohce .u ~I~e AtOR7G~~Q?, deal Y~ia1~ sucfi successo! or successor in interest with reference to thid ~
' mortgagc a~~J ~h: d_•o~ here:,~ s.•cvr,:d in th~, i~me r.~.;~:nar as ~v~fh :.1or~g~~o• ~v:thcu~ 1n any •;iay vitiating or d~scharging the Me~tgagori liability h~re-
onder or u~n thc d•rb1 hereby seaved. rJo sj;e of tl.e Fre~;ises hereo/ mortgcc3fc7 ar:d ~o forbearance on the part of the 1.10RTGAGEE orits successors -
- or ass~grs an~1 r.o e,e:ens;o:~ of the ret~:~> lor the payn:~nt ot the d-ebt I~~•rebr securec! gi:rn by thr MORTGAGEE or its successors or ass~gns, a~~all operate
to reiease, d~scharge, n~od~fy ;hange or etfect !!;e c~ig.r.ai liab:;~t~ oi the 1:^RTGAGOR i,erein, either in ~ti~hoie or in part.
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10. If is soeufka~Iy .~yrced tnat l~me ;s ef th~. ess•_r.ce of fh~s co~u~d atld that ~a waive~ of any obligat~on hereunder or of Ihe ob!igation sr :
cured here6y shaE~ at any tim.~ thereafter be held to b~~ a weivrr of the !erms hereof cr of the inst;vment secured herby. _
~ 11. In s•i:l :~c-~ ?o ~'r:e Po~ega rtGr'I~.`y ua;n~: n;s of ;rn c',.,,1 and ir.~cr- s+ ~ryu~rcd 'oy the promisscry no!e secured hereby, mortg3g~r covenaNS . '
: ancl agr~rs to j:ay to n~orr,>>~=e h,~cr: r, y p.~;~. er.r ed::r;ot~a; sun, es+~•~:a!~~d b~ mortg~gee !o be e,uai to 1: 12 of thL annual cost of the fol;ow- ~
ing: -
A--A?i real ~'.rOPerty 13x~S ievir:: n~ >>s.:~scci ag.~;:~sr !ne ai~ove descr~';ed r*_m3f es~.rte. s
E-F-~r;w~-~s c:~ f~re anJ ti•:~rcistorrr. 'snsurar:e c•s iie~e~n f~CU:F~d to be ca:riz-d en ~fie imYrpv2mC:115 sitvate on tha above d^scriLed premises. {
C-Pr~n,;;;,. S=:i ~;,~th n:~~+a,g~ guar.;~tp Er.surar~ce as ~:o-t_~a,ee shaEf frcm t;~ne to tin:e deem iit to carry on the loan st•tured hereby. . ;
%:,o:tgagae s~~~[i f~c~n ti•:~ )o ;.~~.r r,o:ifr ~:art-_;aqe. ~n wrlt;n~ of ti;~ a:roc•if do_- ar.d payable h>reund~r and such su:n shatl therevpon 6e d~e and ~
Fayab`r o~ th~ dve c>_t> oi th~ r~_ at ::~a:th' payn._::t and e3ch succzssive n:onth ihercaft~r urti! mcrtgagee sha'f n~t;fy morlgagor a change in Suth 5
amo~mt_ S~.~c!: su:ru sl,a:l L•e ae{~`-_d t,y n;~_r?ga-•~c tc;;a•d ts,e pa}'+*meM of re?i pret-z~ty taxes, irsurance prem:ums, and mortgage guaranty insurar.ce ~
prc•n~i:~ms. - i
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tN ~:ITP.ESS ::N=2EC~, ~~e sa;d ?4'.CRTG~vOR hns, h~reua2o ser i~is har.d and sest the day and year first aforesaid. `
_ ne ! aro e`~~e ,d ir, the pres~nce of: - ; . . i
flLE:; : _ :.c•y:'F.:~`~9 (Seal)
;Si.iU~::~^,:,~j'~it'~~'~ld• .
~ ' itF;l,: (Sea1)
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~ ~~5~~ >'!~'7L ~.~-eZ.(~ ~ f L f ~ . - _ ~ ~n ~l~ .1 ($eal) ~
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= e.i Ll(~ ( t~ ~ , . ~ lSeal)
I SiATE'OF FLORIDA ~ y+f ~J ~
i St I.uci.e rr~~ s~ ~ ~
COU'JTY OF 1 -
t .
Befose me nersona!:y app~~~ed l'~~-lfreci Chatic~ny~a S111CJZP 8C3U~t and
___,1~_~ Qri~. __~lliott a sinnle ac~ulfi ~ ;
- ~ -3 his ctrlfe' R1"mc ~ell known anc: knarin to me to be - i
the ;nc;:~•~dva'.s u-_sc~::;cd in a~d v.~o cxec~~~ed iha feregoing ins?rum=nt, ard ackr.o.vtedged before me that they executed the same for the p~rposes
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there:n expressed. .1.~3. iha a~i~l---- ' . % r -
~iEe.s~£ihQSV3- - - ~•:,.:c~~ . - :`'s
erara:-w~tiow ~+rea~:e+rr_as~fe~m~ ~~~~,"P. .:dstd~fl+Ibf! 3
~b~r e1-~a't fie~t ~fier-s~id t+est~rs~ ~e'Rwo.~}edged ~i-a+:d befare me ~ttret-shE e,eeeflred nrM~rn~ ~~T ~
artid
t~(tl'!. ar~d ~•ri~.~wi i-~ ~w~u~'wa~. co~s+r«~+r.e~~p. 'sc~+s~~werer£~vr i~ctT her zafd~h~eAt~" - _ `r . ~ -,:~r ` ~
LYITNE55 my hand and o`f:c~a!'seai th~s____Q~1~___ d~y of_ . A. D; ~19~~ i
3 • ~ . ~
. . _ t• - -'i _ -
- . lotary ublic in and for the Stat~ of~f_ 'aa larga`~ ' ~
' .1y Commission expires: ° : i, ' _ ~
Rztur:i Toc - _ _ _ iY -i r~. ; -
" ~ali
first Federal ~aYings & Lo3n Assot~3t~on - ~'•1 0',(4.,
- ~f iort 1'~e'C°. - ~ ~ _ - • _ t~sfsa,~::.~ ~ .
- _ ~Cf a - ~
~ Fosr P~>_:c.,. Fi;:-;d3 Notay Pu6nt.-Sloto oE fior:do ct 3 t;:- .
~ - Mr Gmn+fsskn E:~ra ian. 27, 1979 ..:;,:~ta` -
- ior+ded by Americen Fir: 8 Caav~:ly G~
- This Instrument Prepared By J. {tal Roberts~ Jr .
~ First Federal Savings R Loan Association - ~ ~
- of Fort Pierce ~ ~ ~9 ~J~Gf
= aoos - ~
Checked By - ~ ~
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_ ~3 • . . r ~
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