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3. To pl_,. .od ,onlin'.o..o.ly keep 00 the building. now Of here.f?fi ..~\...,. on laid IAI'd 8nd on III equ\pmel\t oncl pc_lIy -.d tr,' ~.~
.g., wilh III pr.."ivm. Ih.roon pold In lvII, fir. lnovr.~ In the _J.t IlondMd policy form, In I IUftI approwd by the MOaTGAGU, .Mi w....lOrm
In.u,.ne. In the Vlv.1 Il.nd"d policy form, In I .vm Ipproved by the ~TOAGU, in ruch <<lmpIny M ~n," II the MOltlOAGU .....y
di,ecl; .nd .11 fl.. .nd wind.lorm lna.:r.nco polkle. on .IIY of lAid bulldinge, .J'lY 1n1""11 therelJ'I Of pwt "'-'eof, In me ~reg.Ie "'"' ltor.alcl CW
In u,~" Ih.reof, .holl conl.in lhe v'UlI IIand.rd mor"oJlgjN d.uae 0: .~'Ch 01:- d..... II the MortlllgjN may .-quI,., making the Iou ,..f'Ider uld poll-
ci.., .."h .nd .v.,y. poy.b:. I' ~~Id MORTGAGEE .. Itw In'.r,,' _y .pj)Ht, and Mdt end .....y .uch polk,. .....11 t.. Pf'OI'\Plly ualgn<<f end OeIi........ 10
.r,V held ,"y uld MORTGAGEE .. fu"her M<Vrlty to lAid mortiOO'. cS.bI, .nd, not .... thIJ'I ,.... (10) d.ya In octvlnce of tho, utllrllion of MCh pulky, 10 de-
"..,~, 10 "Id MORTGAGH . r_w.1 lher..,;. '''90lher wit;' I rec"pl for the pr,f1\h_ of wch r__ll; and I~. .hell be no fI,. 0( wlndtt<<m if'Iwr~
pl.c~d on .ny of uid bvildi"",., any Inl<<.., ......in -ex port I...,..,f, vnle.. In .... form ....! with the Iou p41y.blo I. ,sonlAld; ....d In the .vwnt Iny aum
of m<,n.y be<omea ply.bl. under .uch po:ic)< or J'Olicl.. uicl MOR(GAGEE .hell hevo the option 10 re<:.iv. .nd ..pply t'" ...... on account of ,''' Indebled-
ne.. .e<u..d h.reby or 10 pe,mil uid MORTGAGVRS 10 IIC"V' .nd Vtl II Ot .ny ~rt thereof for Glher purpowI, wilhovt Ilwroby ....Ivlng or Impair-
i"ll ony .quily, lion 0' righl under or by vlrlvl of Ihl., mor;g~; and In the .v.nt uid MORTGAGORS .hell for any ....on fill to kHp ,''' lAid preml_ 10
In.ured, '" foil to deli.er promplly Iny of uld poloc... of In.urene. 10 uio MOllTGAGEf. or foil prompl!y to poy fvlly I,'y pr.."lum ''''r.fOt Ot in .ny
r..~ct hil 10 perform, diachorge. uec..!o. I Hecl, romp I.!., comply with .nd .bide by Ihi. cov....nt, or .ny port Iwreof, ..Id MORTGAGEE rooay !'!~ Ind
p.y lor .uch In.uranc. or any parI th.,eof wlthovl wllvlng 01 eHectlng .ny option, I:.n, equily, or , ig 1-. I under 01 by virtue ..f Ihl. ,,\ortg~, Ind 1M
full .mounl of ooch .nd overy .vch poymenl 0....11 be im",.dl.t.ly due .nd poy.bl. and (,hell ~r In'er,,' from ,''' d.l. tl-MIOf unlil p.1d ot ,''' ..Ie of
nino pe, cenlum pe' .nnum .nd logether with .uch Inler.., .h.1I De .ecvred by ,''' I~ of thl. ~.
4. To permll, <ommll or .ull... no w"", Impairment or deterlorltlon of uld property 01 Iny P<<t theteof.
S. To p,y oil .nd .ingui" I'" coat., ch.ro.. .nd IX.,..,..., Inclvdlng . rlllOnlble .IIOINY'. i.. Ind C?tw of .bolrlCtl of tltl., Incurred Of' ~ If
.ny timo by uid MORTGAGEE, bee.u.e or In ,''' .v.nl ;"f .... follvr. on t'" port of .... uld MORTGAGOR 10 dtJly, promptly and fully perform, ditch.,,,",
..ocule, ~ffeCl. complelo, comply w,th .nd .b,de by eoch .nd IVery t'" .t1pullllon., egr.......,tw, condilione, .nd CoYlnlntw of uld prornlllOry not. end Ihla
morl9'g~ eny nr eith.r. .nd uid coar.. charg.. .nd .xpen.... ...ch .nd every, .hell be Invnedi.,.ly due Ind poy.ble; w...,..... or not tlwrl be notk. d.
mind, IItempt 10 collect or .uil pending: .nd ,''' full .mounl of a$Ch .nd _ry luch poymenl .hell be.r in,....., from the eMI. thereof un'lI paid II lhe
'.'e of nin~ ~r anlum P'" ""num; Ind III Ulet CO.,.. ctwrg.. .nd upen... Incwred or pold, '''911'''r wilh ,uch Inler..t, wll be MC..ored by ,''' lien of "'II
mortgage.
6. Thll (I) in the evenl of .ny breach of Ihi. MO<I,,~e o.r deflull on II>. port of Ih. MORTGAGOR, or (b) in Ih. .vwnl Iny cf lAid wme of mcney
he"in refrrred to be nol p,omplly Ind fully p.id wilhin Ihi,ty (3V) cU)'I next .If... the ume ..verally become due .nd poy.bl., wlt~oO<Jl de",.nd or nolle...
or (c) in th~ ~venl eoch Ind evtry Ih~ aripul'lion., ag...menl., condition. .nd COVInantw of uld proml.aory note .nd Ihi. mortgage ony Of .11"'r If. not
july. p,omplly Ind ful;v ~rformed, d;"hl'ged. exo<:uled, ~"ected, compl.ted, cOMplied wilh .nd .bicMd 'ty, lhen In either Ot Iny wch .v.nt the uid ~
gregate .um ",en"oned in .Iid promi..ory nol. then ..ml.nl"ll unp.ld, wilh Int.,,,, lC<rued, .nd .11 mo".y. .ecu,ed hereby, .h.1I ~ome due .nd P'y"
able forrhwilh, 0' tr.(~.lttr, al the option of ..,d MORTGAGEE. .. fully .ne! complotely .. If .11 of the ultl ,'jm. of money Wire o<igln.lly Ilipulllod
10 be r'"d on .uch doy, .nylhong in ,aid p'omiuo,y note or In Ihi> Morlg.g. 10 lhe conlra,y notwithsrlndi"ll; .nd the'~pon or lhe,eafter ., I'" oplion of
",id "',CRTGAGEE, "",hOI'1 nc',ce or demand, .uil at Ilw or In equity, Iheref",,, 0< Ihe'ellt~r begun, mlY be pros~cul.d II if .11 money. ...ured her~by
had mafL.rcd rflOr to its institution.
7. Hut in 1he (,vent fhat lit the beginning of or ~t any time pending any luit upon this Mortgage, or to fore-clos,e it, or to reform ii, or to enforce
p.lym('nt of any claims ~':-reunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof for the appointment of . R:e-ceiver, .ueh Court sh.1I
furthwi!h ~ppoinf " r(":e.,,'er of s,)id mo'tgaged property all and singu'u, Including ell and singular the income, profitt, iuues and revenues from wtutever
s,,-'u'ce d.:rlvCJ. l.1Ch _lnd (:\I(:(i of which, it being ~xp(enly understood, js hereby mortgage':i II if specifically set forth ~nd described in the granting Ind
I-uhcndvrn Ct,:hl\f'S her,-'o', and such !=\...'ceiV'er !lhall have all the bro,ad and effKtive functionl and powers in anywile entrusted by a Court to . Receiver, .NI
s,'l..h dppoinll':en' shdll be made by su(h Court iU an admiHed equity and a matter of absolute right to said MORTGAGEE, and without rt'ference '0 the
adt.'l"l:.Jc-,c.,' C'~ In.Jd('qu~("', of the "a~ue of the p:-opert}' mortgaged or to the lolvency' or in~olvency of laid MORTGAGOR: or the defendanu, .nd thlt such
(,'n',. prof,,,, income, Issue. .ne!- 'c.~nu~' .hlll ~ Ipplied by .uch Receiver .cco,ding to Ine lien or equily of uid MORT:3AGEE end Ihe p,""i" of .uch
Court.
B. 10 dul{, promr1ly .nd fully p~rfc ", di.chlrge, execute. effecl, compl~'e. comply with .nd .bide by eacn .nd ev~,y lhe ,'ilOulltion., Igreementa,
conclit:ons .U10 covc:ncnu in SJid promissory note and this mortgage let forth.
9. Th.1! in Ihe evenl the ownership of Ihe mo'tglg~d premi.... .,r Iny perl Ihe'eof. ~com~. v~'led in . peraon othe, than the MOHGAGOR, the
MORTGAG[f. if~ succ('sso:" and assigns, may, without notice to the MORTGAOR, deal with such luccellor or lucces.or in interest with reference to thil
mo~tlJdge dr'd !ne debt hereby Ie-cured in the same manner as with Mortgagor without in .ny way viti.ting or djl~h.r"ing the Mortgaoorl' liability here-
undt:'r or upon the debt ht.~eb..,.. secur{'d. No sale of the premises hereby mortgaged 4nd no forbearance on the part of the MOR:TGAG~E or its successor,
0' ""gn, and no e.len"on of the time for In~ paym~nt of Ihe debt ner~by IIcu,ed given by the MORTGAGEE 0' Ita .ucceuor. or ...ign., .hlll op",.'e
10 ,~Ie..., d"charge, mod,fy (hinge 0' effecl Ine original lilbility of Ihl MORTGAGOR herein, eilher in whole or In p.rl.
10. It is spccifir.,Jlly agreed that time is of the enence of .hil contract and that no 'haiver of any obliglticn hereunder Of of th4t obligation lit-
cv,ed hereb, .".11 It any t,me tne'eafter be helcf'io be I weive' of th~ I~'m. h~reof or of Ihe In"rum~nl .ecu,~d nerby.
U \'.ITr;rss \'.HfREOF, the ,,:d MORTGAGOR ho> nereunto ..t hi. nand .nd .ul In~ dlY and yur firal afor~uid.
S:gned. 5<:aled and deji....cred in the prese:1ce of:
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d.JJ. ~. ~~ (Se.I)
I:'jt~ .?1fd-ddM_<"""
1./ (
(Se.l)
(Se.I)
STATE OF FlORIDA
C,'''~nt-. r']('~~e
} ~,
COUNTY OF
~ n ~q~~nx .nd
Befere me personllly Ippeared :ftl-t'lO knAltR 5~
1,1J7I?tt~e "~"'~~o": llLuZet;te 1 d X hi. wife, to mo weil known .nd kf'Own 10 me 10 be
th~ individual. d~""b~d in .nd who executed Ih~ for~golng inll,um.nl, end ICknowled9~ before m. th.t B.'!'BO"e'}ot'ffu~u~for the pu,po....
And tn~ laid TU7Ptt:1.. ~'(Ar1n"x.LlI7.At:tA .Maddox
Ihe,ein exprpSled, ll. 'J r,' R ('l rl (),.
........ife of the said ______
e..m'n."on by m~ laken sop""le Ina ,p"" frOM her ..id hu.blnd, Icknowledg~d 10 Ind before
rarify dnd wlth..>ut any compulJion, constraint, t1pprehenJi~ or fe.r of or from her Ilid hUlbdnd.
WITNE~ my hind Ind ollicill .~.I !hi. / ~ d.y cf
upon. .eparlte and Pflvlt.
me th., .... lX~uted uid Instrument f,..ly ,nd volun-
0,19 &1
Return To;
Firat F~de,.1 S.ving. & lo.n
Of to" Pierce.
Fort Pierce, Florida
My Commiuion
Auoci.fion
Not.ry Pubioc, Stiff of RoM. It Ur9f
My Commillion Exp;,~ J&n, 24. 1964
1oect..1 I, ......nc.ft fw. , u~~ c.,
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