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3. To plate and continuously :,eep on tha buil;lin{~s now nr he~eafter situata on said land a~d on all ~uspmen~ and penonally wvPrcti by this mor~q•
age, wi~h all premiums :hereon paid in f~~li, iire insurance in the usu~l standai~ polity form, in a sum approved by tha MORTGAGEE, and windstorrn
- tnsvrance in Ihe ~sual etandard pot:cy fo~m, In a svm anproved by the h50RTGAGfE; in sUCh company ir compar.iee as tha MORTGAGEE ~~ay
direc, and all itro ar.d wi~dstorm insvrance ~poliues on any of said kwild~ngs, any in!eresl tFerein or part thcreof, in 1he aggregata sum aforesaid or ~;~.,F
in excess ~hereaf, shall contai~ the usval standard mortc~agee clause or such ethet cla~se ai Ihe hlorlgagee may rcqv~ro, mei~ing the loss under said pofi- '
de~, tach and every, payabta to said h\ORIGAGEE as its inte~est m~y eppear, and cach and every such Fwlicy sha'I be promptly ass gned and delivered to
any held by said h1QRTGAGEE as (ur?her seturity fo said mori~age debt, and, not iess Ihan fen (10) days in adva~xe of the expiralion ot each p~licy, 1o de- .
liver fo said A10RTGAGEE a rertewal the?eof, toc~ethe~ with a re!eipt Io~ the promi~m ot such renewal; and Ihere shall be no firo or windstorm 1~1v~ante
pleced on any of tnid.b~ildings, any interest therein or pa~t tfiercof, unless in the torm and with tha loss payable as a(oresaid; and in Ihe ev_nt anY sum
of money becomes payabte ~~nder euch poliq or policies said h10RTGAGEE shall have fhe option to ~ecaivr and appty the same o~ atcaunl qf Ihe indebfrd-
ness ~ecuted he~eby or !o permit said MORTGAGdRS to receive and use it or ~ny part thertof for othc~ pvrposes, wltho~: Ih:reb~ tiwi•+~ng or impair-
ing any equity, lien or righl vnder or by virtue ot thts mortgage; and in the event said h50RTGAGORS shatl fo? any reasc+n fail to keep tFe said premisrs so
tnwred, or faii to drlivcr rom tl an of sa+d 1,ies oi ineur5r.ce 1o said h10RTGAGEE iail rom U to a full an temi«m therefur or in an • '
F P Y Y P~ . P P Y P Y Y Y F ti i~,;~,
re~ped fail to pertorm, d~s:harge, exocute, ef(ec~. car.~.~tete, comply ~,rith and abide by th~s tovenant, or any p~r~ hereef, said MORiGAGEE may piace and
pay ior such tns~rance o: ~ny part tfiereot without v,aiving or afiecting any option, lirn, equ~ty, ar right ~nder or by vi:tue oi this IAortgagr, and Iht
full amount of each and evary soch p3ymcnt shall '~e imm~;ate!y d~~ and payaEle a~d shall bear interedt from Iha date +hereeF ~rtil paid at the ~ata of ~
nine p^r centum per annum and to~ether ~vith such interesr shali be secured by Ihe lien uf this mortga~e. '
io permit, to~rs~it or suffer ro waste, impairment or deteriora?ion of eaid oreperty or any part thereof. ~
_ 5. To pay all a~d singul~r the costs, charges and expensas, including a reaso~able attorney's fee and cost} of abstracls of title, inturred or paid at
any time by said MORTGAGEE, because or in thr event oi ths failu~a on thr part of ~he said h50RTGAGOR to dvly, prot,ptly and fu~ly pertorm, d~scharge,
rxe<uto, ef(ec~, complete, compty Hr;th and ab;de by each and tlvery !he e;;pulaiia~s, agreernents, conditions, and ,ovenants of said promisso~y note and this
mortgage any or either, and aa~d cnts, chary;.s and expenses, each and every, shail br imrr,~~tely due and payable; wfiether or not thera ba r+~tice d~
ma~d, attempt to collec! or suit pend~ng; and tf~e fvil anwunt of ezch and every such payme shall b?ar interest irom the dete thtreof until paid at Iht ~
rate of ni~e per centur.~ per annum: and ali said ccsts, <harges a:id expenses incvrred or paid, together with such interest, shall be setured hy the lien of thit
moHgaga. - - .
6. Tha1 (a) in the event of any brcach of this hlortgage or defru;l on tha part of the h10RTGAGOR, cr (bl in tha event any of said wms of money
he~eln referred to be not promptly an~ fully paid v~ithin th~rty {3p) days nexi rster the same severally 6ecome due and payable, Withovt damand or notite, ~
or (c) in tbr event each and aJery thF stipu',aticns, ayreements,-condiria:~s and covenants of iaid promissory note and this mortgage bny w either are not '
july, p-omptly and (utly performec~, d~scharged, execu:ed, effected, cornpleted, co~npi~ed with and abided 5y, thzn in either or any svch avent the said ag-
gr~ate sum m~ntioned in snid promissory note the~ remaining unpaid, ~vith interest accrued, and atl moneys secured hereby, shali becor,~e due and Fay-
able forthwith, or thereafrer, et the option of f~id A10RTGAG[E, as ful;y arw! com~lte?ely as ii a!1 of the aaid sums of money were ori9inaliy s1~p~~lated
fo be pa'd on such day, anything in said prom~ssory note or in this 1'.1e~tgage to th: contrary notwithstanding; anrJ thereupon or thereafte~ at the option oi
seid h10ftTGAGEf., witF.out not~ce or demand, su~t at law or in equity, thert(ore er thereaiter bcyun, may be prosecuted as if a~l moneys secvred hereby
i~ad ma!ured prior to ~is ins!itut:on. . ` _
ihat in 1he ever.t that at the beginnir.g of or at rny time pending a~y suit ~pon this 14tortgage, or to foredose N, ot to relorm it, or to enfotte
Faymenl of any daims hereunder; said A10RTGN.G~E sha41 apply to the Cuurt having jurisd:ction thereo} tor tht appointment of e Receiver, such Covrt shail
io:lh.vilh appo=nt a recei•rer o( said n~c:tgaged pron=rty al{ and s~ng~~ar, indud n~ a~f and sing~lar the ir,come, profits, iisues ard revenues from whatever .
' saurce drrived, each a,xi every of v,fikh, it be~ng express'y ande:stood, is hereby mortgaged as if specific~lly srt forth and describPd In the granting and
habendum ~lauses F.ereof, and wch Recei,+e: shali have att the bread and effective fun:t:ons and pewers in aeyw+se eMrusted by a Cou~! lo a Receiver, and
such appointment sh~11 be made by such Court as art admi~trd equity and a matter of abscli~te cight to sa7d MORTGAGEE, and withcut ~eference to the
adeyu~cy ar inadeq~acy oi the vafue of the property mortgaged or to th~ solvency or insotvency of said lAORTGAGOR or the defendants, and thjt suth _
. rents, profits, income, issues ant reven~es sn~fl be applied by wch Receiver atca~d~n~ to the iien or equity of said A'10RiGAGEE and tF.e prattice of such
Court. - -
8. To.duty, p-omptiy end f~;ly perform, d~stharge, execute, efEect, complete, comply with and abide by each and every the slipulations, agreements,
_ conditions and covenanrs in sai~ premissory noTC attd Ihs mcrtgage set forlh. _ _ -
9. Thct in the event the armersh~p oi the mortgaged premises, or any pa~t thcreof, becemes vested in a person ~ther than the MORTGACrflR, the
h50RTGAGEE, its successors and assigns, may, ~vitF.out r.otice 1o the .`.10RTGAOR, deal ~yi~h such succei.or or successor in interest with refererKe to this
mar~yage ard the d~h~ hereby secured in the same manner as vr~ih ;:.o~tqagor v+~thovt in any way vifiating or d~schargiru~ the Mortgago~s' liability herr
under or uroo Ihe
dcbt here~y secured. ~ta sa:~ of !t~e prem~ses hareby mortgaged and no forbearance on thP pari of the /,50RiGAGEE or its suc<~ssors
or assigns ar.d n~ extena+on oi !he rima ior rhe y;ay~rer! of the debt hereby sea:red given by Ihe MORTGAGEE or its tuccesaws or assinns, shall opente
to retaasa, d~scharge, mc.di(y chan~e or a(6ect ihe oriy:nal liez~tity of the hSQRiGAGOR herein, either in whole or iw part. ~
' 10. !t is spec~ficzlly agreed :hat time is of the esse~ ce of this contract and that no waiver of any obfigatia~ htreunder or of fhes nbligat:on u-
ctired h~reby shaft at any time tne~saffer ee he:d to be a waiver of the terms hereof or oi the ir.strument setu~ed herby. '
11, fn add~to~ to the forege'z~~ rr.cn:h!y p~yments of p:enc-pal and inse:est requ~:ed by the prom'ssory note secured hereby, mnrtgeg.r tovenanTs
and~agrees to pay to n:ortgag_e v~+?h e;cn month!y-pavr.:Ent an add~rional svm est~mated 'oy morlgayez ta be equal to 1~12 oF the an~ual cost of the follow-
; _ 'n9: _ ' _ _
~ A-All reat property taxes lev6ed o~ 355°SSC:3 agsi~~st tF.c ab~ve described real astate. - •
8-Premlums o~ fne a~d w~ndstorm ins~~ance as nerein reqv~r~d to be carri>cl e+i the improveme~ts sitt;sla :,n ihe ebove described premises.
~ ~ C-Premit;r. - o~ s~ch mortg3ge guarant~r inwracce as mortgagee shall from t~me to time deem fit to carry on she loan secured hereby.
_ tAertgagee s~~a!: .'rem r~~r.e to tirr,e no!:iy mcrtgagor rn v.r;ttng of the amount due and payab~e hecevnder and svch sum sh~~l1 therevpon be due and
' payable on fhe Jue date ei tFe ncxt mo~thly payment and cach svccessive month thereafler ~til mortgagee shz~l notify mortgagor of a change in such
amount. Such zvms shail be app~ied by mortgagee to~irard the payment of real property tazes, insurance p~em;ums, and morigaga guaranty insurance ~
, Premiums. - , .
; IN V~RNESS :'~HEREOF, the said /~IORTGkGOR has heraunto set his hand and seal the day 'and -vear iirst aforasaid. '
i ~ S~gned, Sea!ed aptf delivered.ir. the presence of: ~ • f ~nn
, . , ~ ~ x w
~~--c ~f`~ - • c5~aq
- c~ _ _
' _ (Seat)
~ ' ~ t-~:~•~'~ ~ • v c`_`tZCI (Seaq
Zdz1 ~713Ei1~'~ ~T~1
lSeal)
STAiE OF?~G L _
, SS-
; ~ COUNTY OF ~~l~~v~ ^~rZ~~-~C/ ~ -
: • ~ - '
- , Before me personatiy appeared Na[~lil i•torar - and
_ - _ La litaben N• •.'•tOI3 Y h~s wife, ta me well known and krwwn to me to be -
' the individuals descriEad "sn end w ~
~ ho executed the ieregoing instrunent, and ack~ov:!edged before me that thty executed the same for if.a purposes
there+n expressed. A~d th~ :3~d ~ _ La~i.taben AIs i~~Oldr ~ _ ~
~ wife of the said Nay~irr Marar ~ - upo~ a sepa~ate ard privsts
- exe.,:~~~ot~on ~y .~,e ~a.e~i s~parate and apari from her s~id husband, acknowledged to and before me that sh. erxused said instrument freety and volun-
~ lariiy and :rv:thout any comp~fsior., constra9nt, apprehens:on, o~ feat of or from F.er sa:d husbnnd. .
~ V~ITNESS my hand and officiat seal this--~~~" day of ~ A, p. iq 7S
~
~ _ Nolary Public in and for the State of ~vw~-at Large
~ - ~ _ ' - My Commission exNires: ' ~+rt~i{
Retum fo: -
~ first federal Savi~gs 6 Loan A;sxiafion "
~ , Of Fort F:erce_ . _ - ' ~~1~~~~~if~i~~~~{~~, '
, o ~ O~FFCt1~ lEApI.~- ~ - -
" fort Pierce. Florida - - ~ a~~.w. t`'1lK~N ~
~ • , = NOTARY PL'BI.IC - CAl1FOMlM ~ _
k~ " ~ CWR3Y OF SAM IMTEQ ~ -
~ ' 1?.~ C,aR~n~°ara+ ~kss Oee- t2. I9ii ~
~ This Instrument Prepared By J. H. ~oberts, Jr. ~~~~~~~~~~~ii~t~u~~m~~iu~w~suif~~~r
First Federa) S~vings 8~ ioan Association _
of F~rt Pierce ~ j~o2'ida , - ~
_ Checked fy ~ . -