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3. To piate and conlinuous'y keep rn tha bui!dings nov~ or hereafler ~ituato on said land and c•n all eq~lp+nenl and pe?so~aliyi covered by this mot:g• !
age, with al! premi~ms thereon pa~d in f~ll, f~ro insurancz in the usual standard pulicy Fo~m, in a-wm approved by tho MOR~GAGEE, a~d wi~~dstor~n i
inswa~te in the usval ilandard po~icy (orm, ir, a tum approved by the MORTG.~GFe, in such tomp~ny or tompanies ss ihe h50RTGAGEE mey
directr and all tire and windstorm Insurence poGCies on a~y of s~~d buiid~ngs, any intereel thcretn or parl thereof, in ~he agg~;g~~e wm a(oresaid o~
In excess Ihrreof, shal~ coNain the usval standard morlgag:e clause or such othar uausa as 1`:e hlortgagee may reqviro, making ~he los~ wrler aa~d poli- ~
ties, each and ~very, payable lo said h10k?GAUEE as its imerest may appaar, and each a~d e:~ery s~~ch polic~ sha;l br promptly ass yned and daiivercd to ~
sn~ held by se~~ '~`ORIG"GEE ai (vrlher sec~rity to said mortgage deb~, and, no1 less than len (10) days in odvanca o( the e~epiration of eath pc~lity, to dr '
liver tu ~aid kORTGAGEE a rsr.e~val 1he?eoi, together with a receipt {or the pre:r,~um of such renewal; and Iha~e shall be ne tire or _winds~orm insurante ~
plated an any ~f said Gui!d~r.~s, eny interest thervin or parl tharcof, un!eu ~n ~he form and with 1he loss payabte as aloresaid; and in the event any sum ~
of mo~ey beco`:~es Fayable ~nuer such polir.y or policies s~iJ MORTGAGEE •hall have ~ha option 1o receive and apply !he sama on account of ~he irtdrbted• ,
- ness secueed he~eby or to pe~diit aaid h10RTGAGORS to recriv~~ and ~se it nr any part Ih~reuF io~ o~her p~rposes, ~v~thoul tharr6{ ~vaivi~~9 or impair• _ ~
ing ~ny equi?y, lizn or ri9h1 vnder ar by v'rtva oi ttiis mo:tgage; and t~ tha event said hIpRTGAGORS sha11 for any reanon fai) to keep the sai~ ~ramises so . ~
inwred, or (aii lo delivcr promptly any oF ~~;d pol~cies of insurance lo said h10RfGAGEE, w fail proinp!ly to pay tully a~iy prem~um therr~or o~ In a~y 3~~~ ~ ~
ro~pett tail to perEorm, d~achar3e,.execute, eiFect, complele, coenpfy w.ith and abide by thi~ covena~v, or any part hareaf, said h10RiGAGEE may place a~~d ~
a ftr suth Insur,~nce or an art thereof wi~hout waivin or af(ectin an ~ ~ion, lien, e vit or ri !i1 vnder or by virtue of this Mort a e, and the ~ ~
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full amount of cac.l and e~•ery svth p3ymeM snatl be immediately due znd payab!~ and shatl baar inlcresi irom the dale I~iereo( w~1i1 paid at the rata ot ~ ~
nine per centum per an~:~m and !o~e:her .~•i~h svch int~reet shal~ be secured hy tho Uen of tF.is mortgagr.
4. To permit, commit or suffer no wastr, impair:n-nt or ~eteriaration of saiJ property or any part tha~eof. ~
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5. To pay all and singular the costs, charc~ea and expenses, inclvding a reasonab!e atlorney's fee and cost~ o( ahstracts of tii}e. incurred or paid at j
. any limc by said MORTGAGEE, betause or in the event of the failure on thn part of the said h10RiGAGOR fo duly, prompliy ancl fully pc~fqrm, discharge.
execute, etfect, complete, cemply with a~d ab:de by each and every ~he st~pular,ons, agreements, condltions, and cov;oants o( said promissory nete and ~hii
mortgage any or either, and said cosu, charges ar.d expenses, eath anc: every, sha?I be tmmediaiely d~e and Fayable; whether or not shere be no~ice de
mand, attempi ~o collect or sult pending; and tne tull arr-.ovni of each and every svch payment sha!I 6ea• inrer-sf :rom ~he date thereof tmtil paid at the
rate oi nir.e pe~ c~ntum per a~~nu:n; und all saEd costs, charc~es and exp.:nses ~ix~rred ar p~id, togcth.r_ viith svch interest, sha11 be secured by 1he fim o! this
:nortgnge. . ~ ~ .
6. Thai (a? in the evero o( any breach of ?h~s A1crlgaye or defa~ll on fFw: part ef the MORTGAGGR, or (b) in the event a~y of said sums of mOney
hprein rgferrad to ba not pron,ptly an:i lully ~aid within Ihirty (30) days next aitr: fhe same severafly become due and payable, without demend or nolice,
or {c) in thr event each a~d every the st~pulations, agreeme~~ts, cond~tions and covenants of sa:d prom;ssory note and this mortgage sny or_eithe~ are no: _
-.~ty, prornptly and fully p,rformed; d~scharged, ezecutad, effected, tomp!eterl, complied with an~l ab~Jed ~iy, then in either or any such eveN the said eg- •
gregate svm menrioned in said promissory note then rema~ni~g unpaid, with interest accrued, and afl moneys sec~red heteby, shall become d~e and pay-
able forthHith, or lhere~iter, at th< optiun of sa~d MORTGAGEE, as tully and comp!et~:y as if a11 oi the s~id sums of money were originaU~r st~pvlatc~
to be paid on such d~y, anything in sa"d pro:n~sso~y note cr in this 1.lortgaga to Ihe cont:ary nohvithstanding; and thereupon or thrreafter al 1he optio~ of
stid PAORYGAGEE, withovt not~ce or demand, su~t at taw or in equity, :he~efure o~ thereafter begun, may be prosewted as jf all ~noneya seeurr! hereby `
- had maturc.! nrior to ds inatitution. ~ _ . -
7. Tha~ in ths cvent Ihat at thc beginn~ng of or at any time pen~ling any suit upon t{~is Mertgage, or tc foretlosa If, or Fo refo~m if, or to en(orte
paymenl of a~y claims her~under, said 1.iORTGAGE`. shatl apply te Ihe Court having ~ur~sd;ctiun thereof for the appointment of a Receive~, such CoUrf shall
(orln.v:th appoint a receiver of said mo~tgaged propcrty a?t and sir.gvlar, inc~vd:ng aii and singu!ar t?a income, profi(s, issces and'revenuea {rOm whatever -
eaurce. derived, each and ev~ry of whtch, i! Geing e+cpress!y understced, is hereoy mortgaged at if spec~fically set lorth and desuibed in the graMing and
habend;~m ciauses Fereof, aad such Receive: shali have a11 the broad and eifecr.va func~~ons and po~vers in anywise entr~sted by a Court to a Receiver, and
such appoinlmenl shall be made by sech Cou~t as an adm;~ted equity and a rratter of absotute r~ght to said h10kTGAGEE, an~ ~vithoct re(erente to the
edequaty or inddeqvaty of ihc value of the properiy mo:tgage~ or to the soiventy or imoiventy of said /dORiGAGOR or 1he deFendants, and that svth
rents, profits, 9nco:ne, issues and revenues snall be applied by such Receiver ac:ord;ng to the lien o: equity of said MORiGAGEE and the practice of such .
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6. To duly, promptly and ful~y pertorm, discharge, execut~, effect: corr.plete, comply ~vith and abide by each and every t~.e stipulafions, agreements, .
condlfiens and cova~aros m said promiu~ry rote af~d _this rnerlgage set forth. - !
9. That in thc event shc o~unerahip of the rm~rtgaged F~emises, or any part ~hcreo(, betomes vested in a person other than the MORTG~4GOR, 1he
MORTGAGEE, iu wccessors and ass~gns, may, withau~ no~ice to the t.tORTGAOR, deal v~ith such successor or successor in interest with reterence to this ~
_ mo+tgzge aed the deo~ hereby s_cu~ed in tne same ma~tner as .vi:h htortgagor w~thout in a~y v+ay vitiating crdischtrging the l.torigar~rs' liability here- -
undci or upon the d~bt heretiy secured. No sate of tn? F•remi:es h~:e~l• mortgeged ar.d n.~ (o~bearance on ihe part o( tne 1AORTGAGEE or its suctessots ~
or assigns and ro exte~sion of the time fo• the paymer,r of the Jebf heret!y ser.ned givcr 6y the M02TGAGEE or ~ts wcces,ors or ass~gns, sfiall operate , ' ~
to retease, disc:iarge, mediSy change cr affect th: crig~nal lirb~lity of the Y,p~iGAGOR herein, either in whole or 1n p~rf. • _
• 10. is spec~fiwliy agreed that time is of the essence of fhis contrau and that r.a waiver of any ebligation hereunder ~r of the obligation se-
curad hareby shail at any time thereaher bs held te be a waiver of tFit terms fiereof or of She instrumenl secured herby.
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17. In a3d<Nc~ to the forey-o:ng mon~h;y p;aym~nls of Qri:~c~pal and interest required by the prom~s'sory no!e secured hereby, mo:tgagor covenants
j and agreez to pay ro mortgagae wi~h eacn monthiy p3venent sn_add~rionat sum ettimated by morig5gee to be eq~al so i/12 of the annual cost o( the folt~w- €
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~ A-All real properiy tax.s :eviad or ossess_d a3ni~:st the above desuib~d real es+~te. : . !
D-Premivm~ on f~re and wir.dsro+m insurar.ce -as heretn requ;red to be ca~rled en the imcrcvements situate on th: above described premises. - ~
C--Prerniums o~ such n~ortgage guaranty ir.surar~te as i»o:t~agee shalt from t:me to time deem iit to carry on tfie loan secured hereby.
l.lortgaoea s?^a:l Ercm ±i,ne te t~me s~a.;iy r.:ca!y>3cr :n writ:r.g of the arr.ount due and payable hcrevndrr nrx! such su~n fhall tnerevpon be due and
payab!e on thc Jue aatt~ of Iha next moMh'.y paym_ns and eacti svccessive monfh thereafter urail mortgagae sfiall notify murlgago: of a change in sucF
amount. Such wms sh3;1 be applied by'rnor:yaaee roviard the paym:nt of reat property tazes, insurar.te prem~ums, and morlgagz guaranty inwrance
premiums. . ~
IN 1:'ITNESS `l.'HERcOF, ti;e sa~d KORTGAGOR has hereunto set his hand and seal the day and •~ear [irst aforesai -
-Sig..~-',.,-~':~ : a:d detivered in the presence oi: - ~
~ - (~~3a ~.f v: s:Jt~ .
- ~ - - - ~~i;t: :it~3t
i i' ~i#- - - Seatj - j
~ _ ~~Y:-:; :4,:~rnS ~ Pe ~gn E. Orndorf. cs~aq ~
~1£~c, :<~is;,MiRT -~V
- - ~rr. Eva J Orndorf is wi @ - (Seai) - i
` . . --(Seaq
57ATF OF FLORIDA ~ l1i ~Y 32 ~11 ~ • J ~ + . ' ~
~ 55• - -
COUNTY OF l1C1Q 1 - - - Liil•_~~~/ .
, Befcre me per_onatly appaered _ ~Q1x~c1ln].Ta F~nY11C~Q~" _ and
~ Eva Qrndoxf n~: wife, to me weli known and kno~:m t~ rrze to bt
- the individvals destrib`d in and who executci! th•~ foregoing instrurnent, anc; acknow~edged before me that they exetuted the same for the putposes .
; the~ein expressed. And the ~;~d_ - _ Eva ,J• arndorf - -
_ wife of the said RQ71~1*.l1tl E. OrridOrf vpon a separate and'pe~vate
exa:n~nation by me eaken separafe and apart from he: sa;d husbend, ac'xnowle~fged to and before me that. she executed said infttrument freely aet~ vblun-
tarity and witfiovt any mmputsion, constraint, apprehens~on, or fear of or from her said; usband. ~ f' t:~,~~t~.ui,rj;~~~~
:YITNESS my hand ar.d aftiual seal this_ ~8~h _ day of t Sd t f8a _ -
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; . • N ry Pu~lic in and for the 51a~e' Fbri aT Lar '
~ ~ My Comm~ssion expires: ' . = ~ ; ~ _ ~ ~ ~ -
= Return To= ' - : ' ~ t ~ ~
~ Eirst Federal Savings b~ Loan Associat;on ~~19~1 EX~1fK : 4`
_ Of Fort P;erce~ _ - - ~~-J : `-s ~ r ~
~ ~ Fort Pierce. Fbrida - ' - ' ~~/.y~~ ` ~
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II= _ _ - ~~~~tJltt:}~a.t~i~y . .
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= This _I_nstru~nent Prepared 6~. 1;. !~oberts~ Jr. _ _ ~ - .
f First Federa) Savings & Loan Association - - -
4 - of Fort Pierce} ~orida ~ dp0~ ~ ,~O ~ '
t Checked By ' _ . ~ '
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