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3, To plK. at\.:t contlnuoualy klMp 0.'\ lhe bulldingl rtOW 01 Mlnf1... al~I. on laid land .nd on .11 .qu:pment and peraonally c""e'ed by Ihi. mOf't\,/,
~, with .Ii pt.mluml lhe<aon paid In full. fire lnavrance In the Vlv.1 Iltndard polley fOlm, In . Ivm .pptoved by lhe .....OIlT ':;AGcE, .nd wind.torm
"'.",once In the Vlv.1 It.ndard polley lot"" In . .vm .pp'ovad by lhe MOllTGAGEE, Ir. .""h company or componi.. u I~,' .....OIlTGAGEE ,.,..ay
direct; end .11 fl,. .nd windal<<", I...vrance policle. on Iny of uld bulldl""", .ny Inl..e" Ih.r.i" or p.rt ther.of, in lhe Iggroglte .vm aforeuid or
In .xc... the<..:)f, lhell cont.ln the ulU.1 II.nd.reI m<><tg'9" c1.u.. 01 lveh 01"'" clIV.. .1 Ih. Mortg.g.o m.y ,eqvire, ",.Idng the 10.. vnder uod po Ii.
c.... IIch .nd e".,." pay.ble 10 uid MORTGAGEE .1 Ih I"'er..t may .ppe.r, .nd ea.:h .nd e".,., Ivch policy Ihlli ~ ptomplly ...;gned .nd d.li"..ed 10
eny held by uld MORTGAGEE .1 fvrlher I<<urlty to ..Icl rnortgage debl, .nd, not Ie.. then len (10) d'YI In .d"ance of th. exp.rl-ion of uch policy, to d..
li....' to ..Id MORTGAGEE e r_w.1 thereof, l~t"'" with. recelpl for the pt.."lum of Ivch renew.t; .nd l!'l.r. ,h.11 be no he or wind.,orm Inlvrlnee
plocad on .ny of ..Id building I, a"y Int.r", thenln 01 part ''''''eof, unle," In the form .nd with lhe lOll p.y.!>!e .. .forould; .nd '" lhe .".n: .ny Ie,m
of money become. pay.bl. und., luch polley Ot polie;'1 ..id MOIlTGAGEE ahall he"e lhe option 10 roc.I". .nd .pply the um. on .ceovnl of Ihe indebted.
"... Ie<utad hereby 01 10 ~rmil ,.id MORTGAGORS to ,eutl". .nd u.. It 01 Iny p.rt Ihe'oof for other purpo"." wilhovl Iher.by wloving or impai..
Ing "''1' equity, I~ Ot right und4tr 01 !:>y "Irtue of Ihll mortgag.; and In 1M e".nl u'd MOIlTGAGOIlS Ih.1I fOf' .ny ro..on fail 10 keep Ihe uid p,e;"i,e. ..,
lnoured. 01 fall 10 d.l....... ptomptly any of .ald polidee of INurence 10 "id MOIlTGAGH, or foil promplly to p.y fvlly .ny premium Iherofor or in .ny
'.Ipact foil 10 perform, diKha'ge, uecvte, .ffed, complele. comply with and abide by thil eo"e...nt, Ot .ny part h..eof, uid MOIlTGAGH may pl.c. .nd
pa" fOt lveh In~v'ence 0' any, part the,eof without 'N.I"ing Ot .Hecting eny oplion, lien, equity, or righl vnd.. 0' Ly virlu. of Ihi. MOIlgag., .nd Ihe
"'" amount of Heh .nd e\IIfY .uch p.yment Ihell bIo lmmedi,'ely due .nd pay.ble .nJ Ih.1I beor Int.rolt from Ih. d.,. t\,areof vnlil plid at lhe ral. 01
nine pet cenlum 1'.' .nnum .nd '09Ither with luch int.'"1 .hall b. lecu,ed by the li.n of t"il mortg.ge.
4. To pennh, commit 01 luff... no wal"" impairment 01 deterlorallon of ..Id property 01 .ny part t!>.,eof,
5. To pay .11 .nd ling vi... lhe Cotl.. char,," and .x~nMI, including a reasonable .HOlM''''1 fee and COil' of ab.trocn of lill., incurred or paid al
.ny lime by ..id MORTGAGEE, beeav.. Ol In lhe e"enl of the hllu'e on the part of ,Ihe cald MOIlTGAGOR 10 duly, ptomplly .nd fully perform, dileharge,
execut., .ffect, CX>mf'lel., comply whh .nd abide by ..ch and every the Ilipul.tionl, agrHmenll. condilion., .nd co"an,nl. of ..id promi..ory nol. Ind Ihi.
~gage any 01 ellhe<. and Hid COlli, 'ct.erg.1 and exp&nMI, eKh .nd _ry, .hall be immedi.,aly due .n<! pay.blel whelhe, Ot nol lhera be nolica d.
m.nd, artempt 10 collect or wh pendlngl and the full amount of e~h .nd Wiry lveh paymel'! .hell b.a, inlarlll from lhe d.,. lheroof until paid ., Ih.
role of nine ~, conlvm per annvm; and .11 uid ce,", (ha'gll .nd ex~nlel Incvrred or paid, I"",.Ihe, with .urn In'.r..', .h.1I be IICvr.d by Ih. ii.n of Ihi.
~,
6. thaI (.) In Ih. .....nt of .ny brelch of thll Mortgage or def.ult on the part of Ih. MOIlTG,\GOI\, or (b) in Ihe .".nl .ny of uid lum. of m,oney
her.ln r.fotrad 10 be nol p,omptly cnd fully paid wilhin Ihirty' (30) d'YI Mxl .ft.r lhe ume ..".roily become d"" .nd Plyabl.. wilhol'l demand or notice,
or (c) In the e"ent .ac" .nd ~"e,., lhe Ilipulalions, ag,.emenh, co"dillonl .nd cove')"nls of ..id p.-omiuo,., nole .nd Ihil morlg'i/e ony or eilher ore nol
:fuly, ptomplly .nd "'11y ~rformed, discherged, executed, .H.cted, compl.tad, ~omplied wilh .nd .bided "y, then In .ilh#r or .ny .uch evenl Ih. uid ag-
gr~"e svrn menlioned in uid promi..ory nol. then r.malnlng 'Jnpaid, wilh inl.re,' .cerved, .nd all money I secvred hereby, .hall become due and p.y-
abla forthwilh. Ol IM,reaftet, II Ih. option of aaid MORTGAGEE, II fvlly and comi'lel.ly II if .11 of Ihe uid .um. of money were or'ginally stipvloled
10 be plid on .vch d.y. .nything in uid promiuo,., nol. or in thil Mortg.g.. 10 Ih. conlr..y nOlwithslandi/19: and Ihereupon ;:;; Ihereofter at the oplion of
uid MORTGAGEE, withovl nOlice or demand, .uil al I.w or In equily, ther.fore or Ihere.lter begun, may be pr(',.ecuted .. if all money. .e'.ured hereby
h.d matvred prio, 10 ilS Imtilulion,
7, ThaI in. lhe e"ent Ihat al Ihe beginning of or al .ny lime pending any .uil vpon Ihi. Morlgage, or to foreclo.e it, or 10 reform it, or 10 enforce
paymenl of any claim. hereunder, laid MORTGAGEE Ihell apply 10 the Courl having ivri.d;ction Ihe,:of for the appoinlmenl of a Receiver, luch Cou'l ,hall
fcrihwith appoint a re-.:eiver of s"id mortgaged property all end singular. including .11 and lingular the income, profits, issues and revenlies from whd!ever
lovrce deri.ed, eoeh .nd .ve,., of wh'ch. i: being expr~..ly underltood. i, hereby rr,.,rtgaged .1 if lpecifically .el lorth and de.eribed in the granting ...,d
habendum clauses nereof, and I'-'cn Receiver shall have ell the broad Jnd .ffective functions and powerl in anywise entrusted by a Court to a Receiver, and
luch appolnlm.nt Ih.1I be made by svch Courl II an .drnill.d .qvily ,nd a """.r 01 ablok!e r:ghl 10 ,aid MORTGAGEE. and without referenc~ 10 the
adequacy or in.dequacy of the valve of Ih. property morlgaged or 10 Ih. lohi.ncy or in,olvency of uid MOIlTGAGOR 01 Ihe delend3"", and Ihal svch
r.nll, profill, incom., illu.. ana- rev.nv.. Ihall be appli.d by Ivch R."i".r .ccord'ng 10 Ih. iien or equilY 01 uid MORTGAGEE and Ihe practice 01 .vch
Court,
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8, To duly, promplly .nd fully perform, dilcharg.. eXICvl., effect, compl.te, comply with .nd .bld. by ueh and .v.ry Ih. S1ipvlaliono, .greement.,
condilions and co".nanl1 in uid promi"o,., nol. .nd Ihil morlgag" let forlh.
9, Th., in Ih. event Ihe ownenhip of Ih. mortgaged pr.mi~I, or any parI Ihereof, ~come. "e,'ed in a pera<>n olher Ihan Ihe MORTGAGOIl, Ihe
MOIlTGAGEE, it, .vccenon .nd a..ig"', may, wilhout nolic. 10 Ihe MORTGAOR, dul with 'vch luceenor or lucce"or in IntereS! "ith reference 10 Ihi.
morlgag. .nd the debt hereby I",ured in Ihe ume m.nne' IS wilh Morlgagor withouI in .ny way' "itiali/19 or dilCh..ging the Morlgogo'" liabili,... here-
coder or upvn Ihe debl hereby lecvred, No I. Ie of lhe pr.mis., hereby mortg.g.d and no forbearance on Ihe parI of lhe MORTGAGEE or ill 'uccenors
or .uignl and no exlension of Ih. lime for lhe payment of Ihe d.bt her.by aecured giv.n by Ihe MOIlTGAGEE or ill .vceenon or a..ig"', ,hall operate
10 relus., dllcharge, modify chang. or .ffect lhe original liability of t'" MORTGAGOR her.in, .ilher in whol. or in part,
10, It i. lpeciflcally agreed Ihal lim. II of I:,e enanc. of thil con"act .nd ,h., no wai".r of any obligalion her.'Jnder or of lhe obliguion ...
cu,ed M,'eby Ihall .1 .ny time lhereafter be helel'Io be . ""ive, of th. terml hereof or of Ihe inllrvmenl lecured he.by,
IN WITNESS WHEREOF, 11,0 .did MORTGAGOIl hll h.reunto ,el hi. hend and lul Ihe day and~Y.~er fir~"Iaforeuid' ~_
Sig~, S...led .nd deli".red iVhe :>r~.enc. of: ~
A.~' /fir ~;~L
(Seal)
(Seal)
(Se.I)
(Se.l)
STATE OF FLORIDA
SRint
Lucie
}~
Ar~e11
COUNTY OF
lee, a s1n~le A~ult
........-w',.
Before me penoneily appnrecl
~ 10 m. well known .nd known '" me 10 be
II>. Indi"idu.te deauibec! In .nd who executad 1M foragolng lnotrum.nt, end .cknowledged b.for. me Ih.ts:r;- execulad the ..m. for Ih. purpoae,
Ihe,..ln expreul(.l. ,.... 11_ _I .
yyU... _i It.. ....;4 t'l,.~ . II" at, IlllItI ,n Ih
1.1'lil.narIR 11" ~. h\UR ",Int. ..... .fI'" If." ~I' ..i" k~,"uul aane hllj'" t. an~ k.dafa It1a that .~ llUIl:Jtllll ..ill IMtr ff1IFlt fr..I, .".. .1 oq
''''*: ...It ittJ~lli an, ,aMil' l."R. luutrai"t, ."rakeflli..., ~~ fl. .f ., fralfl h.I Iii" ~ I.~ .~. .
/1" ~ day of A~ f'..Y' ~"-j..
WITNESS my hand end oHil;i.1 ...1 thl.
A, 0, 19 (~ /
RItvm To,
Flnt Fedet.1 Savin9. &. loan
Of Fort Pi...l;I.
Fort Pierce, Florida
Aal<<iation
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y-;)/((/
Notlry Public In .nd 'fOt the St.te of Florid. ., Lorge
My Commiuion upirllNotary Publit. SL 'e of r:~;:~] at tarve
My (omn:i~:ici1 h~:rf' i~')':, 4, 116\
Io.~ Il A.....lUA fll. &. '-a......; Co.
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939--i2
FILED AND RECORDED..-----
IN~~Of~
1961 APR I 0 p~ 3: 02
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Sf. LUCIE COUNTY. flO~lll/J
8~39l2
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