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3. To pi..:. .nd C">f\linUOlJlly ke.p on lhe buildlng. now or her..ft....a1tvel. on laid lend .,... on .U aq<;lpmenl and .,.._11y (O'.ered by riIb ~
og., with .11 p<emium. t"'erltO<'l pold In full, fl,. Insurence !n lho vw.t .,.ndord polley fonft, In . aum 'pp'O'oH by tho fo\ORTGJo,GEE, and wlndetorm
In",rone. In lhe ulu.1 ...ndard policy form, In . .um aW'OYed by lho MORTGAGEE, In such comp~ny ?r compenNa .. tho MOflTGAGEf ....y
dirKI; ond .11 fire .nd winc1a'orm lneurene. polkllt on any of ..Id boJiidi"lil, any Interltl tt.et.ln \)l port theraof, In tho ~'og'" Wr.l .fotlMld ot
In .xc... .heroof, ",.11 con..in .he vau.1 ".ndard rnortg~ cI..... c.t .uch 01.... clou.. .. lho Mortgog.. ~y 'lqu!ro, ...."1nO tho Iou ~ laid pol~
ciea, lOch and ...,,,y, payebla to uid MOIlTGAGEE II itl Inlerotl m.v apPHl, and lOch and .very .ud1 pollcv ah.l! be proMpllV o..~ ond dellve,ed 10
any hald t-y Itid MORTGAGEE ea h:rlh.r .ocurity 10 Itld ..-1gog. d.bl, .nd, nol leu ,hen Ion (10) cUY' in a~..,.nce of lho cxplrellon of ..,h polley, 10 <I.-
li..,er to nid MORTGAGEE I r,newal ''''ereof, :'>gether with 0 r~:pl tot lhe pr.mlum of such renew. II end thoro aha" be no fl,. or wlr>clolonn lnavronce
placid on .nv of uld bvil.::li"9" any InlOro.' lheroin or port lheroof, unl... In lhe form and wllh lhe 10.. payabl. ea ofor."ldl .nd In lho ."..,t .ny .vm
of monty becom.. poyobla vnd.r .ueh policy or policl.a ..lei MORTGAGEE ahall ho.... 1M opllon 10 rK.lve ond opply ,''''' ".no on ocCO<Jnl of the Indebled-
nen .Ieured hereby or 10 permit uid MORTGAGOR~ 10 recolv. ond UM II or ony port I~r...f for o'he, pur~.., wilhoul lher.by wol..,ing C'f' ifnpalr'
in~ .ny equiry. li.n or rig"" under or by virlU, of t...i. morlgog.; and In t'M ,..,.nl uid MOllTGAGOP3 .....11 fa .ny ,uton foil 10 kHP lhe ..kI pr.ml..a )()
in.uro-d, or hil 10 d.li..,er promplly .ny of ..id policl.a of In.urone. 10 uid MORTGAGEE, or foil promptly 10 poy fully .ny 1'romlum lherefor Of In ony
".peet fail to perform, ditchorg.. '''KU'', .IIKI, comrl.,., comply with ond .blde by ,''',' coven.n', ~ o"y part heroof, ,akl MORTGAGEE -y place ond
~ay fot .uch b.u"n"" ot ony par' ,h.reof withouI wol..,i"') 0.' offoctit>g .ny optiOf1, li.n, .qvity, or rl<Jh' under or by ..,lrI.... of Ihi. Mortgog.. .nd lho
full omounl of .ach and .v.ry .uch pa.,.....nl .....,1 t-e Imrn.d;..t~ly due ond payabl. ond .hlll 1>." Inler..t from lhe dol. lhereof IInlll paid .t lhe rol. of
n,n. per Cln'um per annum an<! 'ogether ....ith .vch Intere.t .h,1I I>. ..cured by lhe lI.n of Ihla mortv'iI'"
... To parmi', commll or .uff.r no weal.. implirmenl or delerlo...11on Of. uk! pr~rty or .ny part lheroof,
5. To PlY .11 .nd lir19ular t~e costs, charg.. .00 ..per,N', induding I r..JOn.bl. aMotneyl1 1M and ~,. of .batrKtt of thl., Incurred or ~kf II
eny time by ..id MORTGAGEE. bec.u.. or in Ih. ...,.n' of t.... hiluro on Ih. port of ,he uld MORTGAGOIl 10 duly, promplly .nd fully perform, diKhorg..
execule, Iff.ct, compl..., comply w,th .nd obid. by .."h end ....ry lhe atlpulalion" og,..",.nl'. condltlo-.., .nd cove".n" of uid promluory no.. ond ,"'1.
mo<tg'ge .ny or .i.her. ond uid co.tt, chlrg.a and e"p.n.... ..ch .nd overy. .hall be Immedillely due .nd pay obi.; whelher or not 'Mre be notk. d.
mend, a""mp' '0 collect or auit pendi"9; .nd the full orne.....' of 'Kh .nd rv.ry auch plymenl .hell beor in'...., from !he date lherwof until palel ., the
r... of ninl per <tnlum per .nnum; and all ..id cO'tt' cherg.. ond .xpen... Incurred or poid. 'og,'her wi,h tuck In'"rotl, &h.oll be MCurtd by lhe lien of Ihis
mortgage.
6, Th., (.) :n ;"'e ...,en' of Iny bruch of thia Morlgog. or default O(l the port of Ih. MORTGAGOR. or (h) In the .....nl O/1y of uld auIM of mo....y
h.rein reflrrld 10 b. no' promp,ly and fully paid within 'hirty' (30) d.Y' n.xt after lhe um. .e..,.roJly become due ond poyabl., wllhou' d.man::! or no'ic.,
or (c) in .he e..,enl lIeh and ev.ry ''''e "Ipulltion., agree....n.., co,>dillon. ond co..,.n.n.. of ..id promluory no" ond thi, mortgog. any or .lther ere not
july, premp.ly .nd fully performed. d,,,,,,.,ged. ."I<u.ed. .ft.ctH, complOled, complied wi,h .nd .bided ~Y. lhen In .1In.. or any .veh .ven. ,he ukl og-
greg13te- sum mentione-d in laid promissory note tnen f!'maining unp.id, with intereu accrued, end .11 money. J.e<ur.o hereby, stull become due and paY'"
.bie fOrlhwith, or Ihereofter, .t the option of .oid MORTGAGEE, .. fully and compl.toly ea If al! of Ih. uid .um, of mon.y Wf'r. orl<Jin.lly IIlpulOlo-d
'0 be <""d on .uch de,., .nyt"'iny in to'd prominory nole or In Ihis MorlgO.9' 10 .he contriry notwith.t.nding,; ond Ihereupon or lherufter 0' ,h. option of
..id NORTG,"-GEE, """hout no"c. or dImond, ."it 01 l.w or In eqully. thi"'fore or ,hereafter beyun, m.y be prosecu'ed .. If .11 mon.y. .Kuted hereby
h~d mah.'red J:'rIU( to its in~titution.
7. Th3! ;0 the ('vLnt tnat at the beginnIng of or at any time pendir-g any IV;! upon this Mortgage, or 10 fore<:lole it, or to reform it, or to enforce
~1Jyment of any cl.lim, hereurder, uid MORTGAGEE .h.1I .pply '0 Ih. Court ho',ing iuri.diClion thereof for the .ppoin.m.nt of 0 Recliver, .uch Courl ,h.1I
fo~1hv..;,h appoint d reccive-r of S.lid mortgAged property all lInd ,lngullr. including all and Sif"9u1ar the income, profits. inues and revenue' from whatever
s'-....ur(C d._'r''lil'J, {dCn ~"1d every of which, it being expressly vnd.r,tood, is ~ereby mortgaged PI if specifically let forth end described in the granting and
~lr.('nc1urn cldv~cs he>n.:o', llrld such Receiver shall ha....e all the broad and effective functions and powers in anywise entrusted by . Court to lJ Re<eiver, and
5'-ch Llrr>oin1P:'~'nt ,hall be made by such Court as ~n admitted equity and a matter of absolute right to laid N.ORTGAGEE, and without reference to t~
"rll,.'<1l:ac f 0" in..Jdcqudc; of the 'I"lu2' of the propert.,. mortgaged Of to the lolvency or insol....ency of ulid MORTGAGOR o~ the defendanfl. and that luch
,...or!!" pfoLt~, ir.come, issues and- revenues sha!1 be applied by luch Receiver according to the lien or equity of laid MORTGAGEE and the practice of such
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8. To duly, promr"y ond fully perform, dilCh"g., e"ecu'.. effeel, compl.'e, comply wll'" ond abide by e.ch .nd Ivery lhe .tipuIOfion., .greernenll,
Co~dlfluns clnd CQIII.:nanh in said promissory note and this mortg.ge let forth.
9, Thil' in ,h~ event the owne"hip of Ih. mortg.gld pr."'i...., or .ny por' th..eof, Mcome. ..,..,.d I... 0 penon olher th.n th. MORTGAGOR, the
^~,')RTG/o\GlE. ifS 5L-c(('ssor5 lnd C!53igns. nlay, without notice to the MORTGAOR, deal wi,h such successor or successor in interest with reference to thil
ITW.'CJdgC and the debl h<::'reb'( secured in the lame marmer al with Mortgagor without In .nl;' way vitiating Of' discharging the Mortgagor.' liability here-
urU\.."f Gf Ut,c:rl 'h~ debt t-wreb,. se-c:;fc,d, No sale- of the premi,.. hereby rr.ortglged end no forbearance on the part of the MORTGAGEE or itl successors
c~ dS':.'9n~ ~nd no I..x:rcns:on of ,he time for the payment of the d~bt hereby secured given by the MORTGAGEE or its tuCCellora or anigos, ,hall oper.t.
10 relea,e, d,,,harge, mod,fy chonge or offeet the ':lrigin.1 li.bllity of the MORTGAGOR herein, eilher in whol. or in p.rl.
10. It is specdically agreed that time is of the e,s.enc. of this (c..ntract .nd that no waiver of any obligation hereunder or of the obligation Ie--
cured hereby shall at any time trercafter be nelcf'to be a w<!iver of the term I hereof or of the instrument secured herby.
H V.IfNf"" '!;HU,EOF, the ,a,d !t,OR~GAGOR h., hereunlo III h.. hend .nd ..01 t"'e dey Ind year fi,,' oforeuid.
S'gned, Se.led ond deli..,ered ,n the pre.ence of,
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(Seel)
(Se.I)
STATE OF flORIDA
} 55.
RaYNOnd WilliaM Selph
Marilyn D. Selph
_ hi. wife, 10 me w.1I known ond known 10 me '0 b.
before m. thaI 'hey ."ecuted th. um. for t.... purpowl
COUNTY OF ____
Saint Lucie
ond
Before me per>onally .pPI.red
the i~,dlllidua!. described :1' and Nho e)f.e<uted the
foregoing In"rumonl. end ocknowleds;ed
Marilyn D. Selph
Ra~ond William Selph
Iner{';n expressed.
And Ih. to;d
upon . sepwr.te and p!'.'t'.t.
.... Iha. .he eXKuted .aid ins'tum.nt freely ond ..,olu,,"
-Nife of t"~ said _______
...m,nolion b'f m. taken .ep...te ond ep.r' fro'" ....r toid hu,bond, .ckno......ledg.d to and h.for.
tartly and Witt-Out any ':OrT1f:'.J\sion. constraint, apprehension, 0' fe!r of or from ~Ier laid hUlband.
31st
A,O,19~
WITNESS my hond ond offici.1 ..al .hi.
d.y of
Return To:
Firs' Federol So..,ing. a. loon
Of Fort Pierce,
Fort Pierce. Flor.da
Auociltion
Notiry Pub/;(. Sutt 01 FIoOdA .t Uf91
My Commission Expires Jan. 24. 19~
k.~ I, ~." fra &. c........ c...
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