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3. To place and ContinvouS~y kcep on the bui!dings now or herca(tcr e~tuate cn sa~a ia~,~i and rn a!I equipmert and personally covered by this mortg• ~
age, ~vith al) premi~ms lhereo~ pa~tl in (uil, (ir~ inw~tr~cr in thc vswt itandard ~:o~ity (orm, in a s~m aF~~ruved by ihc h10R1G.1GEE, anJ windsto~m
tnsvrance in the usu~l sia:~dard Fo!:cy forrn, in a aum ~+~~p~o:ed by :ho h10R1GACfE, ~n such cvmpany or ic+mpanies as the MORTf,AGEE may
direct; and •all fire and windsto~m insur~nco potic~es on any of s~~d b~iid~ngs, e~iy interest Iherein ar pa~t thereof, i~i ~he a99~•9a?e sun~ aforesaid o?
in excess thercof, sha1) conroin the uswl standcrJ mo~ig~~9ee dause or such oiher clause as the Alorlga,~ee may requ~re. malin9 Ihe loss unier sa~d poli-
eies, oach and every, payab:e to said AtORiGAGEE as its intcrest may appaar, and each and eve~y such po:icy shall be p~ompUy ass 9~ed and de~ivered to
any he1J by said 1tlOitIGAGEE as turthcr security to sa~d mortyago dabt, and, not tes~ than ten (10) dnys in adaance of Ihe rxpiraYon o( ~ach poUcy, to da•
(iver to said h~ORiGAGEE a rencv:al ~IiClG6I, to9elh~r with a receipl f~r tha premiwn o( such renevral; and Ihere ehall b,~ a~, lire or w+-~dstorm insurante
plated on any of sald bvifd~nys, any intcrest thcrc~n or parl ihercol, un!ess in ~hr form and w•i~h the lois payable as afc-€said; and in the e~~nt any sum
of mo~ey becomes payab~e under scch policy or pol~cies said 1.10RiGAGFE sha11 have the op?ion to recaive and apply thr s~me on accovnl oi ~he indeUted~
neSS secured h~reby Ot to permit said MORIGAGORS to receivc and ~sa it o~ eny part 111~'rCJ~ It~r otnrr pur}os_s, v:ithout th~riu~ waiv~~i9 c~ ~~np~in i
ing any equity, lien cr r~gf:1 ~nder or by viriuc of ?his mo:tgagc; and in the evenl sa:d h10RiGl,GORS shatl for any teaton fail to keep thE said premisrs io ~
insured, ot fail to delivcr promptly any of said ;wl~cir: c( insurance to sa;d MORiGAGEE, er (~if ptomptly to pay (uUy any premi~m 1he:efur or in any ,
respect fail ~o per(orm, dhcharge, execute, affect, comptete, con:pl~ ~ii~h and abide by thia covenaeU, or any pa~l iwreof, 53id Mt7RTGr\GEE roay pla:t and
pay (o: svch inwrance or any part Ihereof wi~hout ~vaiving or aftet!ir.g ~ny option, lien, equ~~y, or. right under or by virtue oi this Mertc~age, and the
full amouro of cach and e~ery su~h paym~nt shall be immediatc~y duc and ~yab!c a~id shall 6zar in~erest from the date thcrcof vnlil pa~d at the rate oi . `
ninC per ccntum per ann~~n and to~etL~•r ~vith such ~~»,~«sr shau sec~~ed b,~ ~he I~M ~i~ ~is mortgage. ~
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4. To permit, commit or suf(er no ~vasla, in~pairmant o: dett~io:ation of said property or any part thereoi. j
5. To pny atl and singular the tosls, charges and expenses, in.luding a reasonaLto attorney's fee and costs of absfratts of title, incurred ot paid at ~
any time by said AtOR1GAGEE, betavse or in rhe evenl of th± faiture on tnz part of the said t.10RTGA.GOR to dul~, pra.:~ptly and iully perfonn, d~sch~rge. ~
exetute, effccl, comp`.:te, comply with and abide by ea:h and evrry the ~tipulations, agreemeMS, con~~tions, and to~enants of said promissory ~~ote and th;s
mortgage any or either, and sa:d cosu, char~us and expenses, each and vvery, s;~a~l be immediately d~e and payab!e; whethe~ ar r.ot there br notice d~
. mand, altempt }o cotleti or suit pend~ng; and the full a~nount of each and every z~ch payn:eM shall brar interesl from the date Ihereef uNil paid al Ihe
rat_ of nine yer centvm p~r annu:n; a,~~ all said costs, charges and excenzes i~xurred or paid, ta~ether w~th such interest, shall be setured by the lien of this
mortgage. ~ •
6. Thal (a) in thr e~•ent of ony breach of this Mortgage or defauli on Itr= part of th~ M05TGAGOR, er (b) in Iha event any of said sums of money
- herein referrad tc be not promptly and 1ulF/ paid ~vithin ~h~rty i30? day: next ait~r tf~e same sevEra'ly berome due and ~wyable, wiihout demand or notice,
or {c) in thr. event each ard every the silpulafions; agreements. cand~tions and mven3nts of said promissory nole and this mortgage any o~ either are not
i iuly, pro~uptly a~id (ulty prrfonned. d s~harged, «ecuted, eifeued. ce ~pieted, ~ompfied v~~~h and abided tiy, then in either or any such event the said ag-
j gre4ate sum mentioned in said p:onissory nete then ren~aining unpaid, with iroerest accrued, !nd ali moncys secured hereby, shall betome due and pay
able forthwi~h, or thereafter, a~ the optlcn of sa~d ~,10RTGAGEE, as fuliy _arxl compiefely as i( all c+f the said sums of money we~e origir~ally st~pu~ated
lo be paid on su<h dcy, any~hing in s~ c: pro:n~s3o~y note er in this 7'.lottgag~ to lhc contrary nOtwiihstanding; and thereupon or thereatier al the oplion of '
~ said MORiGAGEE, withovt na~rce ar demand, suit at law or in equity, theretore or therraher begun, may be orosecuted as if all moneys secured hereby
had maNred prror to its institution. -
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7. That in 1he event that at the beginning of or at any ti~-te pend~r.g any su~t upon this Mo~l,c,age, or te foreclose it, or to re(orm it, or to enforce
payment of any ciaims he:eur:der, said tAORTGAGEE. sh~lf apply to the Ceurt ha•~ir.g jur~sd:ct:on Ihereo! for the appointment of a Reteiver, such Co~~rt shail
fwthwith apooiM a r~ceiver of said ~norlgagecl pro(:=rty a(I ano sin~ular, indi~d:ng ail ~nd suiyula[ ~he ircome, prof~ts, issues and revenues irom whateYer
saurce derived, each rnd every o{ .vh:ch, it heing e~pressfy unders+cod, is he:coy n,crtgaged as if specifically set forth and described in the graroing and
habendum da~ses Itercoi, and such Receiver sha~l have ail the broad and efica'rve fur.ct.ens and pov~e~s in anywise eMrusted by a Courl to a Receiver, and
t such appcinsment shall he made by such Court as an ad~nitted equity and a ma~Eer of absolute right to said MORTGAGEE, an3 with~ut rzference to the
adequacy or inadequaty of•the va!ue ef tfie property`morrgaged or to the so!vent.y er :nso!vtncy of said MORiGALOR or ihe defer~dants, and that auch
rents, profits; inco:nz, issues a:r~ revenues shall be appt~ed 6y such Rece~ver accurci:i,g ~o the (ien or equity of said MORTGAGEE and the practice of ~JCh
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i 8. To du'y, arempt;y and (vlly perlorm, d~scha~ge, execu~e, effect, complete, ccmpty ~vith and ab~de by each and every the stiputations, agreemeMS,
- tonditieni and ca~vennnts ~n said ptomissoty note a.id this mortgage snt iorth.
9. That in tha ev^nt ~h~ ownership of the morl9aged prcmises, er any part ther~oF, 6etomes ve;ted in a person other than fhe MORTGAGOR, fhe
h10RTGAGEE, i!s successo~s and assi3ns, may, ~v~~hwi ~o~ice to ~he ~11C~iGAOC, draf w~~h such successor or successor in interest ~virh reference to this
i mortgage anJ the deL•t hereby se.ure~ in th= same r.iannet as with tdortgagor wiTtout in any ~vay vitiating or discharging the ~.lcrtgagors' liability here-
! und_r or upon the debt iiereby sec~~_d. (~o s31~ o( the Frem~ses herchy mortgaged ar.d no ferbearance on the part of the /dORiGAGEE or its suttessors
{ or assigns ard no exrersioa of fhe iin:~- fo~ ~he payrr.ent of th~ debt h~re6y secured g~ven by the 1~10RTGAGEE or i~s wcsessors or ass:gnt, ahall operaie _
~ ro re~ease, d~scharge, mod~fy chanqe or sfi~ct the origina~ liabiirty of the A:ORTGAGOR here~n, either in who!e or in part. ,
# 10. It is spec:iiczl~y agreed that ~i~nr is oi" th~ essence oi thSs contraci and that no waiver of any oblEgatlor. hereunder or_of the obligation se-_ ~
cured hcreby shai! at a~y time the:aaf:er be he'.d to b= a ~iaiver oF th~ ?emis hereof or of the instrumeM secured herby. .
i~ il. !n aud:t:o~ to rh: fcrzgo~n~ monih'~ paym~ntz of p::nc'paf ,nd inte~:st .equ~red by the prom:sscry note secured hereby, mxtgagor covenanis
and agrees to uay Io r.:ortga5•_e •hith each r:~o~~~h?y ~a;: ;er.t an ac;:l;r:onai sum ez*~:~ a'ed b~ mo:tgagee to be equsl l0 1/12 0l the annual cost of the follow-
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~ A-AU rea! propcrty t_x~s lev:e<: or asse~sed auai•:st !he aEare d=_•scribed real es~ate. • _
c~ _ E-Pterr,iu~::s cr fire and vrir.dstorm ~r.su~acce as herc~n r~qu~red to be cerri•_d on tFe improvame~~s ~ituale on tht abov~ described ptAmises.
~ t-Prer.~iums on :vch m~rtge,qe guarar.ty ~r.wrar:ce as mort9a~ee shatl frcm Ume ~o time deem fit to earry on the loa~~ secured here5/.
rdo~tgagee sha~i Ero;;; ti:~:e !o f~n~e nctify mert~agcr in •rrrit~ng of the a~~oun* d~e a^d p~yable hereunder and such su:n shall thereupen be due and
Y O3I~FJ~E on ,r~~ d~~ d~te oi !ne rext manth.'y payment and e:ch suctessive mo.^.th tn=reafter vnti) motigagea shall notify mo:tgago~ of-a thange in suth .
~ a~*:ount. Svch sums s~a!1 Le ap~~lied 'oy mcr*gag~~ to.vard the payment of reai p:oper;y taxes, insura~ce prem:ums, and mortgage gua•aniy inwrance
~ ~ premiums.. ' - -
~ I~: -Y:ITi1E55 I+NER%Or, the said MO*.7GAGCR has herc~nte set his hzrd a~d seal the day and year first aforesaid.
~ - Signed, Seated and de~ive~ed in the presencc of_ ~ ' _ _
~ - FILEO AMD R£C4R~ED .
' .•cr-~ ST. LUCIE COU!1TY Fl.A. ~
~ ~a~
. i 7`_ - ROCea PO{1RAS - -
~ f CLERK CinCUIT COURT ~a~~
_ _ RECORD VER~fIEO ~~ai~
~ e
~ . STAT£ OF f10RiDA y~ 3 ID 7Z 349440 ~
} St . LUC1G' ~ Sy -
COU.JTY OF _ _ -
' Before rt:e persc~ra'(y ~~r~_~ed _ _,Edward E. DeA t Iey _
and
Ettiel ri. DeAtleY _ t,;s ~vbfe, to me well known and know~ to ma to be
the individ~afs drscribed in ar.d ~vho executed th~ far~ oin ~~strumg nt, and acknox:edged before me that they executed tF.e s3rne for tha p~rposes
therein expressed. Md the said_ Eth~l ~e~tley ~
' v~ife of the said Edcvarci E. DeAtley ~PO~ a separate and private
4 exam~nati:.n by me Taken separate and apart from her said husband, acknowledged to and before me ihal she executed said instrument freely and volvn-
tarify anc! w~tnout any compulsi~rt, constraint, appreh~ 'o fear of or from her said husband, ~
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~'1lTtic5S my nand a~:d offic;b! sea! this-- C----- day ~r_ r~aY~__ A. D. 19_?S
t~ttic-~ _
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t . ' - No1ary Pub!ic io nd for th~ State of Florida at Large
= My Commission! expires: f .
~ - Retum To: -
First Fe~'~ral Sav+ngs 8 loan ~Assuciation ~ t`~_~~,~RY r~,~;~,. ¢TpTF ef FLOR~DAat IAR~f - _
r Of 'sort P;erce. J:`: ifiES 1%+~~. 7. I:17
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For! Pie~ce, Flcrida t7~~~ ~ ~
~ - E~u~od.~1+; n!~«ti~on uarkcis Insu
_ ~ ~
~ - . - ;~,t:t" ~ , ; f • - :
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~ This Instrumpnt Prepared 6y Richard K. Kayes ,~`~.~v ; z-.~-, s
~ - First Federal Savings & L~an Association - ~ ' . ` ~ 3
~ of Fort Pierce , F~orida _ ' : • ~.:U'•:v _ }
- ~_2 K : ~
~ Checked By ~ BOOK~~O PAGE J~iJ = : ; ' _ ~1 ~ ; }
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