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3. 10 plec. .nd cOOlinueu,'y ke.p on the bvll<"l'fii now 01 hernft... ~tvalt on uld land .nd 00 all tq'JI~nt and penonally COYe<td by thl. ~
aga. wilh .11 pr.mlum. .h.re~ paid In full. fl,.. In.unIX. In the u.ual "arJ-rd p.>licy fom\, In a .um at>Pr~ by the MOllTGA~f. .nd windot()(m
insurenc. in the ".u.1 .rondord policy tum. in a .um .P?'QVed by the M0RTGAGEE. In ..x:h cOtnp<lny ()( coc"panl.. .. lhe MORTG" '3EE 1T..y
dir.cl; .nd .Ii fir. .nd ...indstor", INur.nc. polkt.. on .ny of ..id bvildir>g.. .ny Inter..t the-.ln or pert therltOf. I... the -Wrag.t. .um .f()(.ltid or
In exce.. ther.of. th.1I cOOloin Ih. v.u.1 .t.ndltd mo<1gag.. eI.",.. or .uch ot..... crru.. .. the Mort"aga. 1Nl, raqvlr.. ..,...Ing the loa. vnder uk! poll-
eI... .ech .nd .v.ry. pay.bl. to uid MOllTGAGEE .. ilt int.r.st may .WHr. ,nd ..c. -i1d ItVMy such polley .hell be promptly ."IJn.od .nJ d.liv.red to
.ny h.ld by otid MORTGAGEE .. furlher ..curltv te uid motl~tg. debt. .nd. "'" I... then ten (10) d.)s In tct".nce of the explr.lioo of tlch policy. to o.
liv.r to ..id MORTGAGEE . rene....' th.reoi. together wllh . r.<tlpt for tM pr.mlum of .uch r_",ei; end t..... ..,.11 be no fi.. or whd.lorm INur.nc.
pl.c.d 00 '''y of Itid building.. eny inter"l ther.in or part IhertoOf. unl... In the form end wl:h the I.,., pay.bl. .. .for...Id; end In t;.. .venl .ny .um
of rT1<.)f\'y be<:vn.. pey.bl. under .u<:., policy or poliei.. .akl MORTGAGEE th.1I heV( the opllon to re;:el". .nd opplr :h.t lime on &<covnl of lhe Indebled-
ne.. secvr.d her.by 0< 10 permit Itid MOIlTGAGORS to reuiv. end ..... i' 0< ery part ther..,f for olher purp<lM". withoul' lher.by w.lving or imp.ir.
i"9 .ny equOly. li.n or righl vnotr 0< by "irtue of Ihis mort"ag.; .nd In lhe .".nl did MORTGAG<.;RS ..,.11 for .ny reuon foil to ..~ lhe Itld pr.mi.... 10
i,,"ured. or Itil '" deli".r promptly .ny of lIid poliei.. of in.vr.ne. 10 uid ~IHGAGH. or foil promplly I" pay fully .ny pr.."iu,.., lherdo< or In .ny
reopect f.il to perform. dlsch.,,,.. .u<ut.. .ffect. comp!.'.. comply wllh .nd ebide by Ihi. (Ov.n.,,'. or any part hereof. ..id MORTGAGEE may piece .nd
pal for .vch ,.,sur.ne. Of .ny port lhereof ....Ithou! ~;.I"Ir>g 0< .ffectl"9 .ny opllon. !ien. .qvily. or rl~hl unc... ~ by virtue of thi. Morfgege. .nd the
full amounl of t -., and .va'y .uch payment .h.1I be Immediat.ly due .nd pay.bl, .nd sholl betr Int.r"' from the d.,. t.....ecf vnlll paid " lhe rtl. of
nine ~r cantum ~ . .nnvn. .nd logather wllh .vch inla'a.1 .l,ell be Itcured by the I;"" of Ihit ~.
4. To pr.mil. C)m".II or s"Her no ""..t.. Impa'"""", or det.rlot.tlon of uld property or .ny part theraof.
5. To p6y .11 .nd .Ingul.r the coal.. eNr,," and upenaes. lneluding . rNaon-oble .Ilorney's f.. .nd costs of .betred.. of iiI I.. Incu'red or paid 01
eny lima by Itid MOIlTGAGEE. bectvU Of In the nan' of the f.i1",. on Ihe pa~ of the uk! MORTGAGQll 10 duly. prompliy .nd fvlly perform. diKher"e,
oxecv",. effact. cO<1'pl.,'a. comply w'Ih .nd .bide by .ach .nd av.ry the .Iipul.tions. agreement., conditione. .nd covan.nll of Itid Ofomillory nol. and Ihi.
mortg~a any or aither. .nd Itid COIto. charg.. and .xpon.... nch .I'd .very. .hell bo Immedietely due .nd Plyabl.; whelher or nol lher. be nollc. de-
mend. .tlempl 10 collect or wit pending; and ti'>e full amovnt of etch and wtfy weh payment .hell betr in'",,,' from the de,. thertoOf unlil paid el lhe
r.le of nine ~r c.nlum per ennum; ond .11 Itid COO", chorg.. end .xpe..... incurred or paid. together will, .uc-" Inl......t. .11.11 be IeCUred by the lien of Ihi.
mo<1g ag..
6. Thol (e) In Ih. tv."l of any br.ech of Ih:. Morl".". or defavlt on .... part of lhe MORTGAGOIl. or (b) In the event ony of ..Id avm& of """""
h.r.in r.farrad 10 be nol p:ompliy 'M fully "aid ....ilhin Ihirty' (30) de.". ne>;' aft... the aen.. ...v.r.lI~ become due and pa)'.bl., wlthoul c.m.nd or nolic..
Of (c) in Ih. av.nl each end .very the &.IipvlAtiOl11. .gr.....,,""". condilion. and covenanlt of lOid promillOry not. end Ihi. mortg."a .ny or .i!h~r .r. not
;uly. promptly and fully perform~. d;lCh.rg~. executed. .ffected, completed. compli~ with .nd .blded 'oY. lhen In .ilM< or eny .vch .v.nl lhe Itid .go
gregtt. .um mention~ In ..id promi..ory not. lhen rflnaining ,'np.ld. wilh Inl.'." .ccrued. .nd ell moneY' ItCUr.d he,.by. .h.1I become due and pay-
oble forlhwith. or lhere.fte'. .1 Ihe option of Itid MORTGAGH. .. fully and complet.ly a. if .11 of the ..icl tuml of money wert origin.lly .,ipul.,ed
to be p.,d on .uch d.y. .nylhing in ..id promi..ory nole or in Ihla Mortg.ge to Ih. contr.ry nolwilhU.nding; end ther.vpon 0< rh.ruft.r ct Ihe oplion of
..id MORTGAGEE, without no.ic. or dem.nd. auil .t I.w or in eqvlty. lheratore or lhere.fter begun. me'( be p'O..cul~ e. if .11 moneys ..cured hereby
h~d matured prior to its institution.
7. Th.t in the evenl Ihol ., Ihe ~;nni"9 of or .1 .ny lim. p.ndlng .ny ovil vpon Ihi. Mortg.".. or 10 foreclose it. or 10 reform il. or 10 enforce
paym....' of anv c:aims hereunder. .aid MORTGAGEE .hall .pply to Ih. Court h.ving juri.diction thereof for th. .ppointmenl C'f . ~~ceiver. .uch Courl .h.1I
fcrthwiTh appoint a receiver of .aid mortgaged prope-rty all and aingvl.r, i"eluding ail and .jngulu the income, profif5. iuue. .nd revenue. from wh~t"ver
source deriv..d. each ond every of w"';ch., il bei"" ~xpr.uly unde..tood. II h..reby mortgaged II if .pecifically .e' forlh and d~lCribed in It.a granling .nd
habN"IcJvm clau!.e'l hereof. and IUCr. R~eiver 'h.B have all the brold and .fftctive functions ..nd power. in anywise entrusted by . Court to II Re<eiver. and
Juch appo:ntmen: shedl bt In6de by Ivch Court II an .omitfed equity .nd . r'r\l'ttf'r t)f ~b!('II-'~~ ~;;~! !~ :..::d ,~.O~HGl'.G~~, .;~ -.;.;~~.~v~ ;ufij~."':o to the
adequacy or inadeql'acy of the volue of Ihe properly morlg.!J~ or 10 Ihe .olve",y or insol'".ney of lOid MORTGAGOR or Ih. delene'an". .nd th.1 .uch
,..nls. prof.,.. incom.. iuue. ana revenue. .hall be .pplied by .vd! IlKelv.r eccNding 10 the Ii.n Of aqvily of )aid MORTGAGEE snd Ihe practic. of .vch
Cov,l.
B. To duly, promptly .nd fu!ly perform. di.ch.rge. execlile, .ffect. ~mplet.. comply wi!h and .bide by each and .very the a"pul."ons. .g,eem.nll.
conditions and covenants in ,aid promiuory not. .nd thil mortg~. Nt forth.
9. T...., in Ihe event the ownellhip of the mortg.g~ pr.ml.e.. or Iny part thereof. become. vested i.. . per.:>n olher Ih.n lhe MORTGAGOR, lhe
MORTGAGEE. ill 'li(CenOIl and ."'gn.. moy. withovI "olice 10 the MORTGAOR. rlul with .vch suc<.e..or or suceen'" in interesl wilh ref.r.nce 10 thi.
mortgage and the debt hereby ..cured in th. lime monner a. wilh Morlg.gor withoul in .ny wey vili.'ing or d'lChe'ging I.... Morlgagoll' li.bilily her..
und..r or upon t"'e debl hereby ...cvre<!. No .ole of Ih. pemi... hereby mort!;aged and no forbe.rance on Ih. part of th. MORTGAGEE or it. 'vccelSo"
or anign. .nd no ..xten.i~n of .he time for the pay"",nl of Ihe debl her.b'i' .ecvred given by Ihe MORTGAGEE or il. .vce...o.. or ...ig..... .hall operal.
to rele..... d,seherge. modify change or .ffect Ihe original liebility of the MORTGAGOIl her.in. either in whol. or I.. part.
10. II i. specilically ogreed ,h., time i. of Ihe ....nc. of Ihl. contrect .nd Ihel no w.iver of eny oblig.tion ""r.under or of lhe obligation ....
cur~ hereby .hall .1 any lime lherufter be helcl'Io be . weiver of Ih. lerrT\f hereof or of the iNlrum...r .ecured he';'y.
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,.;d MORTGAGOR h.. hereunlo .al hi.' h.nd .nd sui lhe day
in Ihe pres.nee of:
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STATE Of FlOIlIDA }
S~int Lucie M.
COUNTY OF
Bflor II ed Horatio Grisb},J W Brantley,! D McGr11't,Gazzie Saith,
Nathan:re.l1)i..ras~ a~Wste8S ot Mount Olive Baptist Church
lhe Individuel. dnaibed In .nd who uecvted the fo<agoing Ins"u'T\etIt. end ad<nowledged before
the'ein axpr.ssed.
.nd
~ to me w.1I known end known 10 me 10 be
MIl tMI they uecvt.d the ttme for the purposes
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WITNESS my hend and offbel ...1 thi-
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Ileturn TOI
Fi...., Federal So"""" .. Lo.n
Of forI Pierce.
fort Pier".. FIotIdt
Auoci.tion
Notary Puhl'c. Stilt!! of flo1-1a !It l/\tv.!
My Comrn:ss'''n U ,,;[(;; r OJ. 12, 1 ':\63
Bonded by AmoJnCdIl :;ur~t~ Co. Cl !'l. Y.
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