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And ~eid Mor~gagor~, for themsclvet anj 1hei~ heirs, legal representativef, succefiora an~ aisigns, hereby io:ntly end teverally tovenanl end sflr~e ~
to and with the ieid ~ti10RTGAGEE, it~ succetsort ar.d a~tiignt: ~
1. To a ell and ~in ular Ihe rinci al end interest e~d tho var3out and ~undr sum~ of mane
P Y 9 P P ~ y pey~bie by virtue of ~aid promi~sory note, and ihit ~
mortqage, eech and evary, promptly on the days respettively the iame tevaraliy become dua. ~
2. To psy all end ~~ngular 1he taxe~, as~esimenrs, levie~, liabiliiies, ablig~tions end encumbrencei of every n~ture and kind now on ssid de~cribed #
properly, or that hereafter may be impoted, ~u(fertd, placed, levie~, or ~~seisr.! the~eon, or that herea(ter may be levied or ~~se?~ed ~pon th(t Morifl• 5
age, or the (ndabtedness srcured hereby, oach and every, when due and psyabla, atto~dinp to Isw, bstore they become delinquent, and before •ny int~nst t
attaches or any penalty is inc~rred; AND INSOFAR AS ANY TNEREOF IS OF RECORO THE SAME SHAII BE PROMPTIY SATISf1E0 AND DISCHARGEO OF
RECORU AVD iHE ORIGINAI OFfICIAI DOCUI.IENT (SUCN A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISf~4CTtOfV PAPER OFfltlAllY fIvDORSEb
~R CERTIFIfO? SHAlL 8E PIACED IN TH: HANDS OF SAID MORTGAGEE \YITNIN TEN DAYS NEXT AfTER PAYMENT, and in the evenl Ihat any thereof i~ no~
paid, sat~s(ied and discharged sa'd hAORTGAGEE may a? any time p~y the sartu or any part Ihereo( withouf waiving or aifrcting any ~ption, lien, equity or
.iQht under or by v~rtue of this mor~gage and thr full amount et each and every such peymenf thaN be immedia~ely due and payeble and fhefl be~r interrtt '
from ~he dntr thereof until peld at rate of etflhl pe~ centum per enn~m and together with tuch interest ahall be setu~ed by Ihe lien of th:t morglage.
3. To pl~c~ •nd conNnuou~ly ke~p on the bullding~ naw or her~~fter ~it~~ls on ~~td I~nd snd on ~II •quipment ~r,d peno~~lly cov~red by 1h1~ mo?IQ-
ap~, with all pr~mfurtu th~reon paid in full, lire in~ura~ct in tha utuel standard poticy form, In • ~um •pproved by the MORTGAGEE, and windslarm
tni~renc~ In the vsuel ttendard policy form, In a ~um app~oved by th• MORT~AGEE, In tuch comp~ny or compani~t th~ AIORTGAGEE m~y
dir~dj ~nd afl fir~ and winditorm inturance pollciet on any of ~aid build~ng~, any Interost theroln or part Ihereof, (n ths ~ygreflete wm aforaatd or
In •xc~u thereof, ~h~ll conteln the uwal tt~ndsrd mortpepe• cleuse or •uch o~her cliut~ u Ihe Morte~yes mey reqvirs, m~k)ny ~hs !o?s under ~sid poll~
cla~, tech mcf ~v~ry, payable to iaid MORTGAGEE as it~ intere~t mey appeer, and •eth ~nd every iuch policy fhall be prompily aft.yned end delivered to
any held by ~sld MORTGAGEE a• furihet tecurity to ~aid mor~gsge debt, and, not la?a than t~n (101 d+ys In advance of Ihe exp(relion of each policy, to da
ilve? to ~eid MORTGAGEE a renewal thtreof, together with a receipt tor the premi~m of fuch renewsl1 end ~here ~hell be no Fire or windstorm inivrance
plsteci on any of ufd buildlnys, any intere~l therein or part thareof, v~le~s In the form and with the loss payeb~e a~ efo:eiaid; and in fhe event any ium
o( money bacemef p~y~ble under euch pollcy or policie~ :eid MORTGAGEE thall have ths option to recelvs and apply the teme on account pf tha indebted-
nss~ srcured hs~aby or to parmit taid MORTGAGORS to receive and uie ft or any part thereof for other purposes, without thereby waiving or impair•
Infl ~ny equity, Iitn or riyht under or by virtue of thl• morrgaga; and in the event i~id MORTGAGORS shell fot any reaion fell to keep the ~eid premi~e~ so
(n~ured, or 1et1 to deltver promptty any of said politie~ of lniuranta to taid MORTGAGEE, o~ fail p~omplly to pay fully eny premium Iherefor ot in any
reipect f~il to perform, discharye, execute, effect, complete, comply with and abide by thii covenent, or any pnrt hcreof, •aid MORTGAGEE m~y place end
pay (or ~uch Insurancs ot any part thareof without waiving or affecting any option, lien, equity, ot ~igh1 under or by virtue of this Mortgage, snd the -
fvll •mounl of each end every •vth payment ~hall be immediately due and payable and shall baar (nterest from the date thereof umi~ p~id et Ihe rete ot ~
nine par centum per annum end together with such intcrest ihall be setured by the lien of thil mortyefle. ~
4. To permit, commif or suffer no waste, Impairment or deterioratton of isid property or any part thereof. ~
3. To p~y al! and ~Inyul~r the coitt, cherge~ and exFanses, includinp s reaionable •ttomey'~ fee and cost~ of abilract~ o# fitle, incurred or paid at ?
iny time by said MORTGAGEE, betawa o? in the event of )he feilure on the part of the faid MORTGAGOR to duly, promplly and f~lly perform, diicharys,
~7iKVt~, effed, complets, tomply with end abide by eath and every the stipulation~, ayreementt, conditiont, and covenentt of ~aid promttsory note and thi~
mortyapa any or either, and iaid co~ta, cherges and ezp~n~et, each and every, sheN immediately due and payable; whefher or no1 there be notice dr
mand, attemqt m collect or ~uit p~ndinq; and the full amount of each end every wch paymant •hall bear intero~~ from Ihe date thereof until p~id at tht 4
rote of nine per centum per annum; and all ~eid cofts, tnarQes and expensei incvrred or paiS, C'vyc~~~~~ ::~~5 ,;,.c - ~
mo~tpay~. • - - -
8. That (a) tn the event of eny breach of thi~ Mortgege or default on fhe paA of the MORTGAGOR, or (b) in the event sny of teid •um~ of money '
hertln referred to ba not promptly end fully paid within thirty (30) days next after the same ~everelly become due and payable, without demand or notice,
or (c) (n ths ewnt each end avery the ~tiputetians, agreements, conditions and covenant~ of ~a~d promiiiory note and th~s mortgege any or either are not
iuly, promptly ~nd fully performed, d~~charyed, eztcu~ed, effected, completed, complied with and abidcd by, than in either or any ~uch evant the taid ay-
preyet• tum mantioned In taid promi~iory note then ramaining unpeid, with interest ~ccrved, end •tl money ~ecured hereby, •hall become due and payr
a41e forthwith, or ihe~eafter, at tha oplion of iaid MORTGAGEE, a~ fully an~ completaly as if all of the said sums of money were otipinslly ttipulatcd
to ba paid on such day, anythiny in taid promiisory no9e or i~ thii Mortyage to iFe contrary notwithttending; and theraupan or tharaaftor Ei tFt@ CP11~:1 4f
~atd MORTGAGEE, without notice or demand, tuit at tew or in equity, therefore or theraaFtar beyvn, may be prosecuTeo e~ if all moneya secured hereby !
had matured prior to ih lnttitution. ~
7. Thet in the event thal et the beginni~g of or et any time pending any wit ~pan thfs Mortg~ge, or to foreclose tt, or to reform lt, or to enforc~ ~
payment of any claim~ hereunder, •aid MORTGAGEE •hsll apply to the Court havinq (~r6sdiction thereof for the eppo~ntmenr of a Receiver, such tourt shit! ~
fwthwlth •ppoint s receiver oi iaid mortgsged property all and ~ing~lar, tnclud~ng ~II and sinyulsr the lncome, profiti, i~sue~ end revtnue• from what~ver `
wurce derived, each and every of ~vhich, i~ bsinfl expres~ly ~nderstood, is hereby mortyeged at iF ~peufically •et forth and described In th~ yronting and
hsbendum ctauses hereaf, and tuth Receiver ~hall heve all the broad end tffettive functions and powari in anywise ent~usted by a Court to a Reteiv~r, and ~
tuth appointmenl thall be made by svch Court as en admitted equity and a matter of absolute riyht to t~id MORTGAGEE, end without reference to th• ~
sdequacy or Inadrq~acy of tFe valve of the property morigaged or to the sotvency or insolvency of said MORTGAGOR w the defendants, and thet iuch '
ranU, profitt, Intome, t~svet and revenue~ shaf) ba epplied by ~uch Receiver accordiny to tho lien or aquity of t~id MORTGAGEE and the practice of •uch 3
Court. -
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8. To duly, promptly and fully perform, discharge, execute, effen, complete, tomply with and ablde by each and ~very the •t~~Fdtial~;'aQreement~, ;
condittont end coven~ntt in seid promissory note and thi~ mortgage te~ forth. , t ~ ' j
~.1
9. Th~t In the event the ownerthip of the mortgafled prer~tiie~, or any part fhettwf, brtomes ve~ted in • ptrton other,~~i~ t1}ti•MCSRiOArOR, the ~
MORTGAGEE, Iti ~vcceisori and assigns, mey, without notice to the MORTGAOR, deal wilh such succei~or or tuccessor in ~rait,V4~th"~rfbTence'to thit
mortpaQ~ and the debt hereby secured in the •ama manner as with Mortyayor wittnvt fn any way vitiatiny o~ ~discheryiny A1~1g~ot~' . ltabllity fietr :
under a upon 1he debt hereby tecurod. No ~ale of the premiie• hereby mo~fgeged and no forbeerance on the put oF the~RIOAG E or itt svcuqor~. =
w stit9ni end no extension of ths time for the peyment of the debt. heraby ~ecured yiven by th~ MORTGAGEE or it~ svcus rs. 07 •iJlyru, tha(I opstat~-
w nk~sl, d'acMr~~, modiEy chinye or affact tha originat Uebility af tha MORTGAC~JR harein, eithe~ in whols or !n part.: . ~
~ . . • ' R
t0. It ii specificelly sgreed shat ttme it of ths ettence of ihis contrect end tbst no waiver of any obligation herit4ndgr•dt ~of Jhs o61Fy~tiwl ts•; ~
tured heroby shall •t ~ny tims thereafter be held to be s wafver of th? t+rm• hereof or of the instrumenl :ecurrd herby. i: .
11, In eddition to tha foregoing monthly peyments of princ pal and interest required 'oy the promissory note tecured .Keref~~,. mOrty~go~' :cpvenRritt
•nd +flre~t to pay to mortpsg~~ with each monthly payment an addirion~l sum eitimeted by mortgcgee to be equa! ro 1/12 of the a~lr~wl;~cD~t bf 't}is;fqllaw-
;
. :t~`
A-All re~l property taxe~ levied or aueased again~t tfia above described real e~tate. - ~
B-Premiumi pn fire and windslorm insurance es herein required to be carried on the improvements •ituete on the abova dsscribed premftet.
C-Premivms on such mortyage guaranty insursnce mortgayea ~hail from time to time deem fit to carry on the toen crcvred haraby. ~
Mortflngee ~hall From tima to time notify mortyaQo~ In writing of ths amount due •nd payable hereunder and wch ~um shalt thera~pon ~e~ due and ~
payebls on the dus dete of the next monthly paymant snd each ~ucceisive month thereafter until mortgagee shall not~fy mortgagor of a chanye In tuch f
~ emounl. S~ch tums shall be applied by mortqagee towsrd the p~yment of real property taxes, lnsurante premiums, and mortgsge gu~renty insurante
pramtuMS.
IM WITNE55 WHEREOi, ths said MORTGAGOR ~ to i• and and se~! the day and a '~t efore~aid.
SIfl S~~led ~nd II e tn the pre~aics o}t ~~0 R D E D
!(V B 0 0 K ~ . G~~~~~
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STATE OF FLQRIDA ~ ~ ~ ~ ;
tnurmr ~~`';`•~,~`~'``'L(jCIE RO PCI ~ R:=::,. CLERK ~
e~i~.,'~'o~.'p:~:~+~y T. I C 0 U h' T Y,
= ~ ~ J~ -,4tata ~ ~A~l len
hfi wif~, to me w~l1 known ~~d knawn to ma to ba
~ ~e ~+dIYid~++~'~~scr',b~d_ n_irid~ vst?o ~xecvta! tM foreQot In~trum~nt, ~nd ~sk~owledqad beforo me thet th~y •x~c~ted the s~rt?~ for t!» pvrpoe~~ ~
~ ~~?~,s~~.a ~ ti;a; ~ J~ Ann A~ ~ en
~
' ~r. o+ ~ .a~d . ~,a~~?~ en
~ , upon a up~~at~ and pr'rv~t~
•x~mt~atiori~.bjr qrij~ seja~al~vnd ~part from her i~ld huib~nd, acknowlsdyed to ~nd befora m• thet ~he exec~ted ~~Id In~trument frtely and volurr '
tarlly atid,~v,it6ovt any cofipu~ttor; constraint, •ppnhen~ion, or fear of cx from h~r sald hutbu~d. '
W(7~1ESS-tny ~ia~?d ~nd _off(clel see! thl~ ~ rd =
~ - dsy of A. D. i9~ ;
; • <
, Not~ry Publtc In ~nd for t ~t of fb? a~t l~rp~ ~
Return To: - My Commitsion expira~ s
~bte Public S!ate af Flv~~!z ::t !
. ~Y . ~
i
Cifi:~~s Fadar+l S~ving~ i lo~n Assoc~:fion -
0 R F~~~ ~tiy tom:~is:i~~ tx~:~;~s ~
of s~. co~~~y AQOK 6:r.d:_ Er ~r_<ca. _
Ft. Pierce, Florida - - :