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~ To place anJ conti~~~o~siy keep on ?ha bu~:cl~rgs r,;.w ur I;crcafrcr siw~te on sa~d IanJ and on aN cquipment and pErsonally coverrd by thit mortg•
ege, wilh all premiums Ihereon pa~d in full, hre insuran;o in the wu~l s~aiufard ~.o!fcy form, in a wm approred by thr MGR~GAGEE, and windste~m
inturence in iho usval slandard p4Lcy lorm, in a s~m approva~ hy :he A10RiG.AGkE, in such tom~pany or to~~pan~es as the MORTGAGEE may ~
direct; and all tira and w~n.istonn insurance poficics on any of sa~d buitd,ngs, any intcrasl thcrein or pan Ihereof, in the aggregate wm aloresaid ot r• •
In excess thereoi, shall con~ain ~Ma usuai standard morrc~~gee clause or such mhar deute as tha Alortgagea may roqu~re, ma~i~~g Ihe loss ~ndar sa~d poli•
cies, each end eve:y, payab!r to said A10RiGAGEE as ~~s ~ntrrest rn~y apprar, anJ each •~rd every such poilcy ahall be promy,~ly ass g~,ed a~~d delivered to
eny held 6y sa~d A10RTGAGEE as (urihrr security tu s~iJ mortgage debt, ond, not !ess than ten (10) days in tdvance ot Ihe expiralion of each pollcy, to de• ~
liver to said MORTGAG`E a rene~v.~l thcreof, logether v~i~h a rece+pt (or the premium oi such rcnewal; and there shafl bc no Grct or windstorm insurante
placed on any of sa:d build~n~s, any interest Iherc~n or part tnereof, un?ess in Ihe for~n a~tid ~vi~h ttie Icss payab'e as aforesaid; and in Ihe event any w~n
of money b~tomes payable drr such policy or poGcies s~id 1,10RiGAGEE shall have ~he opt~on fo ~eceive and app:y the sa~~e on acteunl o! ~he inda6ted-
ness secured heroby or to permit sa;d 1.'IORTGAGORS ro receive a•,d use it or ar~y par~ iha:e~( for oiher E:u~j~~sas, r.i~h~~t ih_r.i~~ .vaiv~:~~ cr ~mpair•
ing any equity, lien or ri~h1 und~r or by virt~e of this mo:!ga9e; and in _th> event sa~d MORTGAGORS shatl (or any reason fail to k~ep tha said premisos so
insured, or fail to deliwr promplly any of saici ~x•I~c~es of ineu~anco to said A50R1GAGCC, or fail promptly to pay fully any premi~m thcrefor or in ~ny t'
• respect iai~ to perform, d~scha:ye, execute, e(fect, comple~a, co:nptv wnh and abide by ~ti;s covenanf, or any parl hareof, s.~id MORTGAGEE may place and
Fvy for wth insura~ca or any part thereof v~~Ithout wai~+in~ ar aftetting any option, licn, equ~ty, or right under or by ~irtue of this Alortgage, and Iht ~
(u~l amounl oi each and e.ery svch paymem shall bc immtdiately due a:iJ ~yab!r a%~d shall bcar intcrest from th~ Jato thercof u~i~il pa~d at d~a rate oi
~iir.e per centum per annu:~o and to~ether ~~;ith such i~verest shalf be s;c~reo by Iha I:en of Ihfs mortgage. o
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4.'To permi~, comrnit ar suffer no waste, imyairment or detarioratian o{ sa~d property or any pait theraof. _
5. To pay all and singular the costs, r.harges and expenses, including a reasonable anerney's fee and custs of abstracls of title, incurred or paid rt
any time by said h10RTGAGfE, because or in the event of th: failu~c on tn~ p,•r; of the said h10RTGAGOR to duty, pro.»~tly and fully pertorm, discharge.
execute, elfetl, compl_tc, canply with and ab;da by eath and cvery th~ ~tipulat~ons, agrecn:ents, conditions, and covenants oS said promiuory nore and this {
mprtgage any or ei!ner, and sa:d costs, charges and exp~nses, each and every, shall Ge i~nrc~~i3lBiy dua and payab!e; whether or not thr:e be ~o+~ce de ~
mand, ofternpf to collett or suit penJ:ng; ar.d tha full amo~nt of each and every wch payrnent shall bear intrres~ fran ~he oate Ihereof unti! paid at the
' rate of nir.e uer centum Fcr ~rn~v:~ , a~id all saici cos~a, cnrrges an:! c7IJtrt5C5 tlKl'tfGf~ Of E]e!d, ~ogelher •.v~lh such interest, shnll be secured by tha lien'of Ihis ~
morlgage.
~ 6. Thnt (a) in tha eveM of.any breath of tnis hlo:tc~aga or defaul~ on tF~ p~rt of the S~ORiGAGOR, or (b) in the cvenl any of saTd sums of m~nev
herein ~et.:tred to bc not promptly and fully paid ~vi~hin th:rty (30) days next a1lcr t},e same sevcra'ly bctome due and payable, withoul demand or notite, i
or (c) in Iha event each rnd every the stipulations, agreemr.nts,_cor.d~tiens and covenaMS of sa'.d prom'ssory note and th~s mortgage any o~ e~ther are nol j
~uly, promplly and fully perfor~ned, d s:harged, execurad, ef(ected, comp!Eted, ccmE~4ed ~v~sh and abideJ hy, then in either or any such eveM the said ag-
gregate sum mentioned in said prom~ssory note then remaining w~paid; with interest aurued, and all monays secured hereby, shall brcome due and Fay ' ~
able forthwith, or therea:ter, at ~he op!ion of said h10RTGAGEE, as f~lly ancl comp~ete~y as if all of tL•e said sumz of money were originally stipulated ~
~ to be pa:d or. ~~ch day, anything,i~i sa:d promiszory nete or in thi; Alertgagc.tc iiie co-~trary notv~ithstardiny; and thercupon or 1F~ereaher at the optlon of
said MORTGAGEE, w~~l~out no~~ce or demanJ, suit at lav.~ or in equity, therefore o: thercaher btg~n, may 6e prosecuted as if all moneys sewred hereby
had marured pner to its institvtion. . -
7. That in the event •hat at the 6eginn;ng of or at arty time pending any su'rt i~pon this M~rtgzge, or to foretlose it, or to reform it, or fo enforte i
payment of any clsims hereur.der, said lt;ORTGi+GiE sFal! appiy to thc Cou:t l:av~ng ~urisdictiori therEOf for the appointment of a Receiver, such Court thall
forlh~~irh appeint a receiver ef ea;d moitc~aged prc~:e:ly ail and sin3u!ar, incfud.n~ ~:I and singutar the income, profits, iss~es and ~evenues from whatever j
saurce derived, each and every of wh[cfi, it be~ng e~press~y undersrcecl, is F2tL'~y mongaged as if spetilicaNy set forth and destribed in Ihe granting and j
habendum c?auses azreof, anc~ svch P.eceiver sha~! hav: a~l the brcad and eEfective fvr.ctions ~nd powers in anywise enttusted by a Court to a Raceiver, aod ~
tuch appoin~mr+v shsSi be made by svch Court as an adnutted equ~!y and a~:alter ef a5soture r~ght to said A10RTGAiEE, and without reference to the ~
_ adeqvscy or inadeqvacy of the va'.ue uf th> property ~nort~aged or ~o tne s~:ven., or ~nsok~encj ot said MORIGAGOR or Ihe -delendants, and that such t
rems, profits, income, issues and reveni,es shall bz applied 6y such Receiver according ~e thz lien or eqt~ity of said /.'10RTGAGEE and the practice of such ' ;
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- 8. To dufy, prompfiy and iuity perforrn, d~sch3rge, exec~re, effect, coTplefe, comply with and abtde by each and evety the stiputations, agreemenls,
conditiens and cover.anrs in said promissory note and this mcrtgay~ sc-1 forth. ' _ t
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9. Thss in tn~ c~~e^t the o~..nersh~p of the moilgaged pren:iszs, er any part th~reot, Eecames vested in a pers~n other than the 1~10RTGAGOR, the ~
- NORTG'~GE£, i~s succ~;scis and as<_i~ns, m.ay, ,vithoJt ~:ofice ta the ,Y~ORTGFOR, dvai wun such sutcessor or svccessor in interest with reference to this ~
mo::gage a~d_:hc d_bt hcraby s~=~wed in the samc manr~r as wSth l.tortgagor v.~thout in any way vitiating or dischar~ing the Mortqagors' liabitity here- j
under or up~n fh~ deb~ h~reby secur~d. \o s~ia of fhe Frerri~szs hereby n-wrtyaged and no forbearance on the par~ of the /JIORTGAGEE or its successars. - E
or ass~ r.s and nu extens~on of the ~~ma for ih~ m.~ni oi tF,e deb~ her~.b sec~red rve~ h the /rORiGAGfE or its successors or as:i ns, ahail o erate f
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to reiease, d~scharge, medify char,ge or affect the originai !iabEilty oi the 1'.'.ORIGAGOR l~e:ein, either in whole or in part.
10. It is spec+fic;~•.ly agreed thar t1~n~ is o( the essence uf this contrau and that no waiver of any ~bltgatit,n hereunder or of the obligation s>- !
cvred hareby shal! at any tin~e the~eafter b: hE•~C~ 1J be a waiver of the tzrms hcreof or of tne i~strument secured herby. _ . ~ ~
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' 11. in aJJ:ti~.~ tu tha iorego::?g montti•.p payr,ients uf p;inc'pal and interest requi:ed by tfie prom;sscry no!e secured hereby, morigagor'tovenants 1
and agrees to pay to n:ertgag•~e ~.v+th eacF. .r:~ntr'y , a;~:;e~,t an add~r~enat svni est~n~ated by rno:tgagee to be equal to 1 j'12 of the annual cost of the follow- ~
i~g. _ >
' A-Ail real pro~:crfy taxes It•~ied or assessed agai~~s! 1ne acave descr~bed real esfate. - ~
6-P~em'v;nro~ f~re and wir.dsronn irsvrarce as nerei~i re7u:red !o be carried en 1Fe :mprovaments s~tuate on tha abovc ~estribed premises. ~ _
G-Prem;ums on such mort~age guaranty ~n5Uf3f:~!+ as mo•tgagea shaf! from t:mc to t7me deem fit !o carry on !he loan secvred hereby.
Alorfgagee sha:i from ti•r.e to vime r.of~iy r,.ortgaocr in .vrit~ng of :he 5rro~nl du~ and payabl? hereunder and such sum shall tiiereupon be due and ~
payable on the due da!e oi ~he ~~ext n:cn~h~y paym,:n! and ~~ch sutcessive Tonth thereafter urti! mortgagee shall notify mortgager of a change in suth -
' amount. Such svms sha:l he app~ied by martgayee tov:a:d 1he payment of real proFerty faxes, insurance prem:vms, and mortgage gvaranty insurance -
p:emiurns. . -
IN \'IIT~~E~S ~:HERtOf, tF.~ sa~d 1!•ORTGAGO~ has hereunto set his hand a,~d scal the day and year f' afores
Signed, Sealed ar.d delivered in the r:eserce of: . ~ ` g
~ - • FILED AN^ RECOROED ~ ~ f , j
- ~ ST. IUCtE COUNTY FLA. ~ G~aR
ROGER POITRAS . ~~aq j
CIERX Ci~CUIt COURT ~ • t5eaq
~ / ~ REG~~RD YEt~~~~E~ e S. Hebb ;
` (Sea1)
I~ STATE GF FLORIDA 3 ~O SZ - ~
f COUNTY OF _ St . LU C 1@ . - '
Before me personall~ appeared __JO~lll W~lt_er Fiebb, SY. _ end i
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_ _ Ciell@ S. Hebb ht: viife, to me well known ard knov.n to me to be f
- the ir,dividvals described in and •h•ho exetuted the forego:ng inslrument, and acknow:edge~ before me that th:y executed fhe same for the purposes
lherein expressed. And the sa~d Gene S. Hebb
wife of tha said John wdlt'E~ Hebb ~$I . ' upon a separate and private - '
exam~natian by me taken s~parate and aparl trom her said husband, acknovrledged to ar,d befo:e me Ihat sha executed said instrument fteely and vofun- z
tari(y and vi~thovs any compulsion, tonstraint, aFprehens;on, or fear o~ or from her said husband. ' - j
- SYITNE55 my hand and official seal this___~~ day of ~a,ep, ~q_7S ~ ~
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- • - Notary Fublic. in for the ate of F' rida at Large 1
My Comm~ssion expirer.
Ret~rn To: _ t_
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First ~ederat Savin s 8, Loa~ Associat;on - - {
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os ~art P:~«~. - - i
_ iarf Pierce. Fleri3a _ - , i'~~ r f _ s
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- - ~ =-;~j~d~fif~~ ~ _
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- This Instrument Prepared By John W. Collins ~ r`' _ r
O.O e'Z~' : ~ (
First Federal Savings E~ Loan ~+ssociation • • ~ , t•. , . _
of Fort Pierce~ Florida ~ _ ~~f'~ ~
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Cnecked 6yu~ - 600K~~~ PAGE ''~p?~t~~ :
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