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3. To plece and continuous~y keep on ~he bv~idings now er hereefter situatc said land and on ait equipment and peroonally covered by this morrg•
e~e, ~ii1h all premiumf ~hereon paid in futl, lire insuranca ~n tha usuat a~andard policy form, In a sv~~~ approved by ihe MORfGAGEE, and windstorm ~
insurance-in the usuat slandard pnlicy form, i~ a wm approved by Iha A10RTGAGEE, in such company or COm~jfli@E as tho A10RTGAGEE may ~
dirK~1 and all fire and windstorm insvrance not~cies on any of seid bulld~ngs, any interQit ihe:ain or part lhereoF, t~ 1he aggregare wm aloresaid or - t
in bxcess ihereof, shall toniai~ t`~e uwa? standard mortgagee clause or such o~her d~use as the Alorlgage~ may requira, rraking the lois under said peli• - 1
t~es, each and every, psyabtc to said h10RTGAG~E as its intc~rsl may appear, and each and every su:h policy shatt be promptly ass~gned ar.d delivered Ia :
any held by said MORTGAGEE as furthe: secvri"ry ta ee+d mortc~age dtbt, and, not lass ihan !en (10) daye in advance oi ths ezpir.~tior~ af ea:h policy, to dr
ti~er to ~aid hlORTGAGEE a re~ewal tnereof, togr~he~ with a receipt for Iha prernium ot such renewal; and there ehalf be no fire or windtlorm insuronce i
pl;?ted on any of said bvitdings, eny int:rest therain or par? there~F, untess in tht torm and with Ihe loss payable as atoresaid; ard Ihe event a~y sum i
ot mo~iny beconxs payablt under such policy or po~icies said A10RTf~AGEE shall have the optio~ to recaive and apply the sama on accounl o( Ihe l~debted- t
~ess se:wcd hareby o~ fo ptrmil seid h10RTGAGORS to receiva ar.d vte it er any pael thereof for othcr pur~.oses, w~~hout ~h>rcu~ ~vei~ing ~r ~n~pair ~
tng any equity, lien of right undzr or by virtue of this ma:!gac~e; and in tha e.rm sa'd htORTGAGC~RS shall fo~ any rcason fail lo keep ~he said prrmiees so -
inw~2d, or (ail to deliver promptly any of said po~icies of in~ura~xe te sa~d hlORIGAGEE, or iail promplly to pay fu~ty any p~emium th~refor or in any
re~pect fail to perform, discharge, execute, o([ecr, con,plete, comply wi~h and abido hy this covenani, or any part hareof, said MORT3nGEE may place and . I
pay for such insurance or eny part thareof without waiv;ng ur aifecting any opNon, lien, equity, or riyfit under o: by virtue of th~s A~artgage, and •he $
tull amount oi each and overy such paym_nt shatl be immediately dve and payal;le and shatl b>_ar in!atesl from tho date Ihereof until pais at the rate of
nine pat centum per annum -jnd !o~ethcr with such interest sFaii ba sewrrd by Ihe Iien of th~3 IRJftC~d(Jc'. •
4. To permif, cemmit or su(fer no waste, impairmcnr or detericretion oi ~eid property or any part theteof. • ~
i. To pay all and aingular the costs, charges a~d expen:es, includ:ny a reaso:~able attorney'a fee and coe~i of abstracts of title, incurred or paid at
eny lime by seid MORTGAGCE, bacause er in Ihe eveht of th~ fa;lurr on the pari of ~F~ said MORTGAGOR lo duly, promFtly anJ fully perform, discharge,
executa, effect, comple~e, comply witL and ab:de by each anei tvery Ih~ stipvlations, a9reements, candition~, and covenanls oi eaid promiuory note and this
mortgage any or ei~her, and sa:d costs, charge~ ar,d exoenses, each and every, shall be immed%ately due and payable; whelher or not thero be notice d~
mand, attempt to colleu or s~it pe~d~rg; and the f~~ll amovnt of each and evrry s~ch paymem shn': 6aar interest from Iht date thereof until paid at the
- rate of nine pe~ centurtz per an~eum; and all said costs, c:w:ges and r.xpenses inturr~d or paid, togeth;r ~v~th such~ in~eresl, shaU be secured by tt~e lidn of thi~
morigage. - ~
j. 6. Thal (a1 in 1he rveN of any breach of th~s Mortgage or dafaul!_or tt+e aart of the MORTGAGOR, or (b) in Ihe event any of sa:d sums of money _
hetein referrad to be r.ol prornplly and fu11y pa~d ~vithin thirty (30) days next aftcr •!.e sama severally hetome due and payable, wilhoW demind o~ notitc,
- . or in the event each and every tht st+pulations, agreements, cond'+tions and covert3nts et sa:d promissory note ar~d ::~~s mortgage any or e~thcr are no1
july, prorr~pNy and futly performed, d~scharged, executed, effected. crmpteted, complled v~ith and abided by, then in eii}ier or any such evenl Ihe said ag•
9regat2 sum mentioned in said promissory note fhen temaining ur.paid, with intertst accrued, and atl m~neys setured here5y, shall betome d~e and pay
ab!e forthvrith, or thereaRe+, at tha, oprien oi said h1~RTGAGF.E, as f~11y and compfetety ~s if all of tne said wn~s of money were originelly stipulaied
~ to be paid o~ sach c~ay, anylh~ng~ir~ sa;d pcomissory nate or in this lNertgag~ to the cont•ary ~~clviithstanding; and thereupon or thereafler al the optiw~ of
said MORTfiAGfE, w~thaut no~ice or dernand, svir at law or in equity, there(ore or thereaiter bcgun, may be prose:uted as if all moneys secured hereby
had maw?ed P~~or to its inst~tution. - •
i 7. That in fhe avent that at the beginn[ng of or at any ;ime penciiny ai~~ iuit up:,r~ this A'artga}€, ar t3 fore.tose it, or to reform i!, or io e~forca
paymenl of any claims hcreunder, said :t1UP.TGAGE~ shall apply to the Cnurt haying jurfsdlction thereot for the appointment of a Receiver, such Ceurt shall
E fo+thirith appoinl a receiver of sa~d mort~a~ed prepe:ty all and singclar, includ•ng ~!f and sing~lar the incame, aro(its, issveS and revenve3 fra-n w6atever
k sou~c~: deriv~d, each and every of xluch, fi being express:y undentuoj, is hereby mo~tga9ed as if specificalty set forth and described in Ihe granl;ng aad _
i_ F:'~endum c~auses he~eof, a.~d sv<h Recei.er shall hava all ~he ~road and rf(ecrive fu~~u.ons and powe~s in anywi;e entrusted by a Courl to a Receiver, an~+ -
? such appointment shrU be made by svch Courl as an admitted equ;ty a~~d a mafter oi absolwe right to said h1GRTGAGEE, and wilhout referetice to thr.
i bdequacy or in~dea~ecy af the va!ue of t}~: p.operty mortgaged or to :he so~ve~u.y or ~r~selvency of said MOR(GAGOR or the defendaros, and that such
rents, profits, income; issues and revenues shail be nppi~ed by such Recerver ac.ozding to the t~en or equity of said MORTGAGEE and the practice of such
Courf.
~ 8. To duly, prompt~y. and (u11y petlotm; d:scharge, eYecusP, s(fecl, comptete, comply with and a6ide by each and every the stip~lations, agreements, •
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condi!ions and co~eoant<_ in said pram:ssory r.o+e and this mortgjge set forlh. _ _ _
9_ ihaf :n the evant the ownership of the mortoaged premisrs, or any pirt ihcreo(, Eeromei vestcd in a p~rso.^. other than the AriORTciAGbR. the
~ MURTGAGEE, its wccesi~rs tnd ass;giu, may, w~thou! notice to the A10RTGACR, deat wilh such waessot or suctessor in interest with reference to ths
~ mortgage and the debt htrehy sec4ied in the sam< manner as ~+~th ASortgagor withcut in any way vi?iating or d+scharging the /dortgagors'. liability here-
~ undrr or opor. the ~laM hereby secured. h'o sa!a o( Ihr premis=s he~eby mortgaged ar.d no forbearence on the pzrt of the /.SORTGAGEE o; its svctessors
~ ar assigns m~d no extens~on of ihe timc {uc the payment of Ihe deb~ he.eby secured g~ven by the 1dORTGAGEE er its successors or assigns, atiall operate
to re~ease, d~scharge, rt:odify thange ar aEfect tha origin~l liao:lit~ of ~he A10RTGAGOR herein, eiti~er in whole or in parL • '
1Q. It is so~uf~cally agreed thar ti:»e is of the essence ofi th~s contract and that no waivar of any obliga~ion heraunder_ or o4 the obligation sr-
tured h.reby sFall at any time thereaf~er be Ae:d to be a waiver of the ferms hrreof or of 1Frs instrucrent secured h2rby:
'1 I1. In ad:l:~+c~ to th~ icrego'ng monthly paym^n:s of prin~'pat and in:eresl rzquired by the promissoty note secured hereby, mortgago~ covenants
~ and agrees to pay to morig>g~e wi~h eac7: m~mfu; payrnenl an add~~:onai sum es~:mated by mortgngee to be egual to 1~12 of the a~nuai cost of the foilow- .
~
~ A-All real property taxas ':evied or assesseo agairist the a~a+e describ=d r~al estate.
~ 6-Prem;ums o~ i~re and wir.osto~m ~ns~~:ar.ce as hcrein reqv:red to be ca,ried oo tFe imp~ov_ments sitvale on the above described premises.
~ C-Prerr,iums on s~ch mor~gage guaranty irsvrar,ce as ~~alaagte sh~ll from time to timc deem fit to carry ori the loan sec~red hereby.
l:.ortgagee sha~l from tin:e to Gme no`ify mortga~or in •r,riGng of the ar.:ount doe and payablP hereunder and svch su:n shali thereupon 6e due and '
~ payable on the due da!e of tfie r.e,ct mcnth'y ~paym~nt ard each successive mcni:~ thereaher ur.tit r,iortgagze shall netify mortgagor oi a change in such -
~ amount. Such sums sha;l be appiied by mcrtgagee toward th~ payme~t oi reai preperty _ taxes, insucance prem;ums, and mortgage ~uaranty insvrance -
# p:emi;.ims. _ . . _ _ , ~
~ W~'~ITMESS YlHER'cOf, th~ said tdURiGAGOR has hereunto set his hand and seal the day and year,first afores~id_
~
# - Sig Sealed arr3 de'' ered ' iha presence of: ~ - • ? :
~ - - s ie . omas ts~aq
~ - - - (Seaq
~ ~ - Witnesses - ~ ~~ap
' ~ / ~ Dorotiij~E. Thomas _
~ - - - (Seal)
~ _ = S7ATE OF fLORIDA l _ _
r -
COIiNTY Of _~~~_-Lld~.l~ t
Le
' Leslie J. -
Before me personally appezred T~101113,S r~d i
_ . Dorothy E. T}lOIi1dS his wife, to me wel) known and knowr_ to me to be
th: individuals described in and v,rho executed the fo:egaing instrument, and acknovitedged before me that theye executed' the same for the purposes .
~ therein expressed. And the sa~d - DO r0 t}ly E. Thomas - _
wife of the said Le S 11 ~ J. T~'lOIilr~ S ` ` ~Fon a separate and private '
~ examination by me trkea separate and apart frcm her said husband, a~knowiedged to and before me ti~i she ezetuted seid inslrument freety and volun-
terily and w+thovt any ce~r.putsion, constreen?, appreh-nsi n fear of w from her said hvsband.
~ WITNESS my hand and offic~al aeal th~s _ day of_ Mc3`y ~ A. D. 19 75 -
~ _ - , - . -
' ~ - . Not3ry ~btic in and : the te of Florida a! Large
~ P.eturn To: . F~~,~Q AC V J~N1Y F~(,~' My Commissio.~ ezp' esc _
LUCi.. ~ " ~
. firat Federal S3vings b toan Asso~ialion ST- R~~;~rr~^l~itR~?$
: ~Jf Fori Pierce. r~C .;.!•:~u~i C~VR ts^Tt.3Y PL1O!'C.STP,TE ef fIOR~DA at LARGE
~ Po:t Pierce. Fler;da - RE~n~ ^ 1~"`';E~ C=~. :.V f?:Pii:ES JA~L 7. 1917 .
~ _ _ i1 ~q~ c~o~u~~i liJ n4ic(i~c? u.,+„us ~nsurante C~ _
~ - - ~Y 30 9 3~. ~n ~ ~ -
; ~ - - ~ ~ ~
~ This instrument Prepared ByRich~rd Et . Kaye s • ~ ~ ~.~;,•.~'~'r,-,
v
i - First Federa! Savings & Loan A~qciatior~ - +~n ~ ~r-:~~,.~
ll~~ 15 • ~b
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of Fort Pierce ~ ~ : , •.'*~,r ~ :
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