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~ 3. To placa and c~ntinuously keep on tha buiid~ngs now or Fereafter sil~ate on said Iand and •~n all cquipmeM and persunally covered by this mortg• ~
epe, with all p:rmiwns Ihereon pa~d in (ull, fira in~uran~e i~ Iha uaual staiwiorJ poti~y Form, in a sum approved by Ihe MORiGAGEE, and windstotm ~
inturonce in tho usua~ s~~nda~d pol~cy (~rm, in a:um appruved Ly tho AtORiGAGfE, in such con+pany or compenies as the MORTGAGEE may
di~tct; and all (ire anJ wln:lstann insurance poticies on any af s+id build:ngs, any Inte~e~i therein or ~:.r1 Iherrof; in Ihe aggregata wm aforesaid or ~
in excass tha~eof, shall contain the ~!sua~ e~~ndard mur~~~9ee clause cr such other tlause as Ihe Alortgagee may ~eq~ire, rnaking Ihe loss under sa~d poli• ~
Cie~, each and every, paya~tr 1o sa1J h1pRTGAGEE a~ ili in~erest may appear, and each anJ every eud~ po!icy shaU hQ prompHy asz 9~~ed ard delivered ro ,
eny held by saiJ ~1pkTiaAGrE as iuriher fet~rity to Said moit~3ga debt, a~d, not tes~ than tcn (1~) iay~ i~~ adaanca of the expirat~on of each policy, to de• ~
liver to said ti10RiGAGfE a rec,:wal thnreof, toye~hzr ~vith a receipt for the premium oi svch eenexal; a~d ihcro shall ba no ilro or winde~orm insurance
placed on any of sa'd buildi~~9s, any interes~ ti~cre~n er part Ih=reof, unless in ~he {orm ar,d wi:h the toss payable as aforesaid; and in 1he event any sum ~
of money becomes payable undrr su.h policy or p~l~ties s~id MORIGAGcE shall hava tha opGon to receive and apply tha samo on acc~unt of th~ Indebted•
ness setured hcreby or to pennit ss~d MORiGAGORS tu retaive and usa it or any ~~arl ~i~ercof for osi,~r (.urF~o3i•S, vr:iho~t Ih-rrcu; waivi~~3 or hnpai~-
ing any eq~ity, lien or ~ight under or by virtuo of this m~:!gac~e; and in Ihe event sa~d MORTGAGC~RS shali (or any reason fail to ketp ihe said premises so _ ~
inwred, or Fail to delive~ promplly any of saiJ policics ~f insura~~ca lo sa;d MORiGAGEE, or fail promptly to pay (ully any `remiu~n theretor or in any ~
reepect faii to perform, d~schar9e, execute, et(ett, complelr, comply with and abida by th~s covenant, o~ any F~rt hareof, said MORTGAGEE may placA a~d i'~:•. ~
pay for such Inzurance or any part Ihereof without waiv~ng or affecting an~ opt7on, lien, equiry, ur rigM under or by virtue of Ihis hlortgage, and the - ~
full amovnt of each and every such pay~iicnl nh~ll 6e immediately due and payah!e an:t shall bear intercst irom the date thereof un~ii paid at the rata ol
~tii~e per centum per annurn and to~ether v,i!h xuch i~ita~vst ~hal{ 6e sacured hy Ihe lien o( t}~is rnortg3ge. ~
p p:opcrty or any part thcreof.
d. To pennit, cammit or su((er nu waste, im a~rment o? deteriorai~on oi said ~ '
5. To pay all and singutu the costs, charges and expenses, induding a reasonable attomev"s fee and costs o( ab3tracts of title, incurred or paid at _ ~
any tin:~ by sa~d h'.ORiGAG,f, 6ecause or in ~he eveni ot thn failure on the part of Ihe sa~d MORTGAGOR to duty, prompNy and fulty perform, discharge, ;
execute, effec~, comptete, co.»pty with and ab:dc by eath and avery thc stipu!ations, agrec+nent:, conditions, and covenants of said pro:nissory n.'e and thit ~
mortgage any or eithcr, and sa:d tosts, ~harges A~d expenses, each and every, ahall 6e immediately duc and payeble; whethe? or nol there be notice d~ t
mand, attempt to co~lect o~ svit pending; and the full amouM of each and e+ary such payment shall bea~ iMe~es1 from the date lhereof unlil paid at Ihe i
_ ~a1e o( nina per crnturn Fcv an~;u:n; and ali said costs, cF:arges and cx,~ens_s ~rcurrcd or p~~J, logethur ~v~~h such intereat, shatl be setur~d by the lien of thit y
mortgage. #
6. That (a) in the event of any breach of lhis Alo:fgage or dafault on IiN part of the 610RTGAGOR, or (b) in the evenl any ot said sums of money ;
herein referred to be no~ promptty and tuEly paid v~~~hin ~h:rty i30) days r.ex~ afier the same selera!Iy become ~_~e end payable, without demand or notice, ~ r
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or (c) in the event each and every the s~ipulatiens, agreements, cord~ticx~s and covenents of sa;ci promissory ?ote and this mortgage any or eithsr are nol s
~uly, promptly and fully per(c:med, d scha~ged, eaec~ted, affeUed, co~np:eted, coa~p!:ed v:~th and ab~ded tiy, then in e~ther or any such event Ihe said ag• ~
grega!e sum mzntioned in sa~d prom~ssory net~ th~n ra=nai~ing unpa~d, with interest accrued, end all moneys setwed hereby, shall become due and pay
ab!e for~hwith, or the~eafter, at ~he op:~cn o( sa;d /.10^nTGI.GEE, as fuliy arcl comp!etely as if all of t!ie said sums of mo~ey were originally stiputated
to be pa~d o~~ suth dsy,_anylhing i~i sa.d prom~ssery note or in this Mortgagc to 1he conirrry notrJithstonding; and thereup~n or lhereaffer al the oplion of
said ~.tOR7GAGEE, w~!hovt noricc or deuiEnd, suit a1 la•;1 or in equ~ty, thcrefer~ or fhereaher Uegun, may be prosecWed as if all moneys secured hereby ~
had matured prin: t~ As insti!ution.
_ 7. T6at in the evenl that at th~ beginning of or at any time pe~~ding any su;t uron this Morlgzge, or to foredcse it, or to refarm it, or to enforte ~
. payment o( any c~aims he~eundef, sa~d 1~10RTCsAG~~ sha!I apply to the Cour~ havirg jurisditlion fhereoi {or the. aeaointinent of a Receiver, suth Court shall
fo~th~~ith zppoinf a r~~cei~:er oF saicl rratga3ed pfo~,erty al! and sing~~~ar, i~utud,ny alf anc+ singvlar the ircome, pro}its, issues ar.d.revenues from wfiatever #
source derF.ed, e~:h and every of v.fi:ch, it bzing express?y unders:ao~, is F.ereby ~T:o:tga9ed as if spec~ficafly set (orth and described in the granting and
habendum c+auses h~rcof, and such Rt<ei+•er shall h~ve all the broad and eifeai~e furu:r.ns anJ powe~s in anyw~sc entcusted by a Court to a Receiver, and ~
s~th appoinfinent snali bc mace by such Ccurt a~ an admitted equ~ty and a n:atter oi eb:a,~te right to sa~d t.10RTGAGEE, and withoul refererte to the
. adequ~cy or ~nadequacy of the vaiue of the Froperty mortgaq~d or to tF~e so:~•enc~ o~ ~r.soivency of said hlORTGAGOR or 1hz defendants, and that such ;
runts, profits, incen,e, usues a+~d revenues shall be apolizd by such Recei•rer 3CLJf(j~. g to the Gen or equity of said 410RTGAGEE ar.d the praUice of such - i
_ . Ceurt. _ - ~
. . 8. To duly, prcm~:~:y and fully perform, d7sch~rge, exacute, e(fect, com.plcte, .ompl~ ~vith and a'a3de by each and evary the slip~tations, agreemenfs, ~
tonditiens ar.d tovenan~s in sa~d promissory ~iote a~d Ih's mortyage srt (or~h. _
9. That in the rvsn~ ihe av~nersh:n of t}:e n~~rtgaged prem:ses. er a~i~ parl thcreof, becomes vested in a person other than the MOR7GAGOR, the -
~ h',CRTGAGE:, i!s su;c~ssers and assl~~s: may, wirho~~ nor;te ~o ~t~~ :',O~TG=OR, deai v.ith svch succesYOr or successor in interes~ wilh referente to this
- mo-~qage ar.d she d^ot herrby secvred ~n the san+.e r.~~nr.~~ as ~sith 1.4origagor witt,out in any ~vey vitiating or discharging the Mcrtgagori IiabiliSy here-
under or upon the dcbt he;eLy secvred. No s~'r ci t~~e pre~~.~se> t,ereby mortyaged ard no forbearance on the part of IM ldORTGkt'iEE or its successors
or ass~g^s and no e,.rens~o,~ ~i the ~:cr~e fc. th~ pryn:cnl of the d:!,t he{et:y s,cuced g~ven hy the MORTGAGEE or its successors or essigns, ahall operate
1o re!ease, d.scharge, mod;.'y ,:F::.~ig•_ ar affect the o:~g~nai liauifty of t1i= .'.':~RTGr±GOR herei~, either in ~vhole or in part. .
10. !i is spec~fical~~ aoteed +hat ti:ne is oi ~he :sse»:e of th~s co~tract and that no waiver of any obligation hereunder cr of the obligation se-
eured hereby sha'1 at any Iin:e tnerzafter b~ he!d te bc a waiver of the terms hereof or of the instrument secured herby. ~
11, tn au:l:t~o ~!u the l~r~gc~n~ r.en~h'. i F:ayments o( princ'pa! and intzrest requ~red by the prom:ssory note secured hereby, mortgagar eovenants
and agrees to ~.,ay eo rr.o:tga~ee ~tii:h rach mcn~hiy ~;a;:r~ent an add:rional sv:n ess~n~ated 'oy mortgagee to be eqval•to 1 f 12 of the annual cosf of the follow- ~
ing: -
A-All real p:rop~rty t~r~s ;eviev or assess~•d ay~i-~st th_ aFove d=scrihcd real estate. ~
S-P:e~r,+uRU e~ fiTe and tivindstcrm 7nsurarc> as here~n requ~.ed to t~ carr]ed cn the ~mpr~veme~ts situate on th~ above dascribed premises.
C-Prcmi:~m5 0•~ wch -~:ortnege guaranr~ icsvr>r,ce as fra:tgagee shall #ro:n t;me to time deem fit to carry on the loan secured hereby. _
Rto:tgagec sha l fro:r. tin:~ ?o t+n,^ notify mert3a9sr in v.riting of :he a:no_nt due and payable heraunder and such sum shall thereupon be dve and
payab!e on the due dat•_ af !he re~t n:ootn:y payment a~~d eac~~ succ<ssi~e mo~th th<reafter ur.til martgagee shall notify mortgagor of a chan3e in such
amount. Sv~i: sums stia:l L•~ app?ied by n:ortgaoee to:~a:d the ~aymenl of reat property taxes, insurance p!er.ti;ums, and mortgage g~aranty insurance -
pren:i~ms. • _ , ~
_ IN 1'l17P~ES5 ~lHERc~F, tne 53:d !lORiG;:GOR feas ne.eunto sz! his h.~nd and seal the day and year fir afocesaid. ~
' n .d d~!iver 'n th rese~ce 6f:
t
- riQ~NM~T ~LAi. ~~~~~:4~ J~~~, tSeaQ i
- i% ft0i'rEi T•~11'~t,~j `~t2~~.. EC~rJdrd ROUSE' - {Seal)
' % , ` c~s~ r~a~~,r c~v+rt
~ ~ _ _'¢~'~'6r~ Rf~:~ft0 ~?£RtF~~.~.....~,,. - Ki.rsten E. Fiouse~ his cvife ~5eaq ~
STA ET OF FLORIDA ~ + ¦ S ~l ~'S ~ , - - ~
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~o~vTY or - ~ 30~~'~ -
" 8efore me pers~na!;y appezre~ _ ~?OhC'Zti Ede~~ard t?OL1SQ and ~
k 1T S t E'T1 F• E?OU 5 E' ' his wife, to me +vell knov~n and kr.own io me to be .
the individuals dezcr;6ed in anJ ~vho eicecuted th= foregoing instrument, and acknox•ledged before me that th~~ executed tne same foI the purposes
t,
Ihesein expressed. And th~ s3;d P1I5tPSL E• S~»Se _ ' `
t:::
" wife of the s~;d Robert Edv~ard !~Ol1S@ `~p`d'n~~ ~t'~r~p!wpd private
exam:nat;on by me taKen s~pa~ate ar.d apart from her sa~d husoand, ackno•xled9:d to and before me that she executed '~nsl~ik'tigni, free~~~ `~~~volun-
tariiy and w~fhout any compv!sion, constraint, apprehensto~+,o~ fear oE or from her ~d hvsband. - ,~~~t~ • ~ _
``fi ± ~
YJIT\ESS my hand ard offic~at seal ihis_-szf~~ _ day of `A: ~7 4~ ~ LL
_ - _ *t,~ ; . _ - - !O, ~ ^
- r ub ic in ar.d for the ~:'F~` ~ a at i3r'•,ge,
y Commission expires: ' - ~ ~ ~ _
P.e:om To: . - . : ' _ ~,%.~C d~° :
~
Firtt federal Sa+in~s d. Los~ Assxiat:on Ll~~;••.,.•.•'~~-
`y t .
- V= icrt P,Erc~.. ~ ~ - . . > ,'~r.. .v'=i • l~'t\ ~ .
- ' '~t. ~ ~~i~t•t~\1
_ Fcrt Pie~ce, F:er~la - ~ rlosa . y~•-~~~`:L,
- ~Y P~tF~. s~,,- or FI6.~Ya et Lar
~
_ ~ Mr Comm%f: on fr.~~tcs ~an. 37, 1l7~
~endrd bv e~ ~ r.:. -
. b Casvoltr ~
This Instrument~Ptepared Bv J• 4'• ~oberts~ Jr. _ _ ,
First Federal Savings 8~ =oan Association
of F.~rt Pierce F/~-da. i
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Checked By ~ a(10K~~0 P~~ 1
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~ k- . ~.c~b
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