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3, To plec. end cont~ly U. on the bulldlnea nclW Of herMtter ~ on' U!d kind MIl on all .. ~ b. It ~ ~ ~ by .. ~
~. with .11 pt..,.l_ 1'--' ~Id In "'II. fiT. It__ .... the ~I ttanlHtd policy ...... In . ....";'\ ~ by the MOtTGAGU, ... ~tonIl
Inlvttnce In the """I lI.ndatd polley form,. 1ft ') t\HII apptOY.d by the MOIllGAGU. In MJdl ~ Of ~ . n.. MOITGACU n...,
dlr-.:t; .nd all fire and wlftdlfOlm I.-,.~ polk_ QI\ MY M Mid bullcfinea, eny lfI1wHt '......n Of pitt ~, In the e;'lJ'.... __ ....UI Of
_In ..c... ,"'r..,f, shall cont.;,., the uawl .tend..... mortgegM clMlM Of luch othet ~ .. the Mottvee- ~ ....,1'.. IftMJne 1M "- ~ ..... poll-
ci.., I.ch and every, p.aYlbl. 10 &lid MOllTGAGU .. ita "'-t IMY eppMt. and HCh ...d ....,'/ oudI polky INII be ptOII'PtIy -IlfMd end den....d to
.ny ~Id by IIId ,'>\ORfGAGEE .. fvrther oeoxlty 10 Mid rnortvagI cMbt, end, nor !eM than "'" (10) deyaln adY..- of the ..pOi'atlon of MCh 1lO1icy. to ~
liver to IIId MOilTGAGH . ..MWII t......of, togetlw with. r.celpt for the ~ of ouch ..-eII end .... ....11 be no fIN " wlnciItonn 1nI4.Ir..-
pi ICed on Iny of &lid bvlldingl, .ny Inler,.t ther.in or pe" tn...of, un'- In the form end with the loa ptyllble .. .foreN"" and In n.. event eny """
of money b<<om.. p.y.bl. under luch polley Of policlel Mid MOtlTGAGU ahtlt he... the optton to ,1OtlYe end eppIy the _ Oft l<<OJi\t of the Indebr.6-
...... .ocvrld hereby 04' 10 pe'mll 1.ld MORTGAGOR! 10 r-'w end u. It Of IIty ~ ther~f for ~ putpOI.. without thereby W'Nl"lJ Of ~".
Ing Iny equity, I;.n or right uncIer Of by virw. of Ih~ mortg.1 .nd In "" .vent Ileld MORTGAGQltS INH fOl ",y ,..son f,lI to keep the Mid ptelna- 10
.nlvred, Of foil 10 deliver ptomptly Iny of Mid polk*, of Inlvttnce to Mid MORTGAGEE, 01 fall protI\ptly k. pay fvlly eny pteln!um t.....fOl Of In .ny
rllpect foil 10 ~form. dlocherg., lXeculI, .Hect, compte,., COfI'\ply w~ .nd eblde by thlt COYeMnt, or eny pe" .....eof. aeId MOllTGAGf! l"I\Iy p1_ rtd
pay f.,.. .uch Inour.nc. Of ,ny part tlw..,f wilhout waiving Of aHt<tlng a"y option. I~r., eqvlty, Of right vndet 04' by virtue of thll M~tg<t, end the
fvll .moun' of IKh and .wry weh peyment INII be invNdla'.1y due end peyable and ....11 bea, Intwttt froon tM ...te thereof until pa:d at the rofe of
nine per Clntum per annum .nd toget"'r wilh weh 1n1_1 shall be aecvred by the n., .f tnl8 ~ . " . '..,' .
4. To permit. commit q, wH.. .... ,,,,..te. IMpelnMnt ~ cf.arerlontlon of Mid P'Ot*1Y ~ any1*' ....... '
!/. To pay ail .nd alngvlar t'" cosh, ~rget and UpenN" Inch.dl"lJ . ~. al'tOf'My'l f.. WId _ ef .~ ef tlfle. Innn1M 01 peld ..
any lime by uld MORTGAGEE. beeau.. ~ In the ....nt of ,he failure on the part of the Mid MOlTGAGOt ;0 lkIly, promptly and fully perfonn, dhcN'V'
all~vl.. aff~t. ~plilte. _ply with and abide by MCh and awry the tt1p'JI.,...... ...."*"". condItloM. et'ld ~ ef Mid promlMOry wte tl":t thlt
mortgag. eny Of ..1...... .nd laid cOt II, ctarget and IXpenoel. uch .nd Q~, thell be Imtnedlately M .nd pey,blel ~ ., IIOt theN be ROtb ..
mind, attlmpl 10 collec1 or Ivit pendi"", and the full .,nount of .Kh and ......., tueft payment- aNll bear w.r.t from the .,. ~ ul1tlt peId It tile
rate of nine per cantvm per annvm; and III Mid COI", cher~ .nd ..pen... incvrred Of paid, f09Ither with aud! Intwat. INII be MC1Jnd by the ..... of thIa
RWlOgl'lle. . ,
6, Thll (a) Ir. lhe Ivent of Iny bruen of thll Mortvage ~r default 01\ the pelf of the MOrtTG.6,I"'.oR, Of (b) In t~ -' any of wid a.:.....' of InOnrI
h.reln referred 10 be nol ptomptly and "'lIy paid within thirty (30) daY' nut aft.. the ._ llverafly b.tcome due ...d payabl., without demand Of l'lOtIc..
or (c) in lhe eYenl eoch Ind .very lhe 'Iipvratlom. agr._". condltlom and _IMn" of Mid prom'-ry note end thI. lNlttgIIge any 0# .~ - -
iuly, p,omplly Ir>d fully performed, d'OCMrgld. euevlecl. .fft<ted, completed, complied with .NS Mided "v. INn In ell"" M .ny wch lIVen> the Mid to'
9'egate 'u'" menli:>ned in uid p,om,uory note Ihln r.",aining unpaid. with Int.,.., accrUfll. and .n moneya MC\Ired ....eby. thall b.come due .nd pey"
eble forthwi'h, or I~rel,t.... at the oplion of uid MORTGAGEE, II fvlly ,nd compt.,.1y a. If ,II of lhe ..Id tvm. of money _.. originally "iputated
to be p.,d on luch day, Inylhing in laid p,omillory note Of In Ihi. Mortgage to the contrlry notwllhltandi"lJl .nd thereupon Of ther...tt.. .t the Option of
said MORTGAGEE, wi.houl no.ice or demond, IUit II IIW or in eqvity, lherefore or lher...fter begvn. may be prosecuted a. If all "'''''-'-;;i ;;;v....; ;..reoy I
had mah...'fed prior to its institution.
], Tho! in the ~...enl 11'101 at Ih~ b~ginning of or al any lime pending any IUit upon thil Mortgage. Of' to fOfeclow It, Of' to "form it, or to .nfor..
p'ym~nl of .ny ciaiml hereunder, laid MORTGAGEE Ihall apply 10 Ihe Covrt having jvriodiClion lhe,,,,f for Iha Ippoinlment of . RKeiv.., luch Court .hell
forlhwith appoint a rec~iver 01 laid mortgag~d properly all and lingular. including all and .ingul.. th. Incoml. profi'", Inue. and r~venuel from whaleve,
.ource de,ivod, ~och and every 01 wh'ch, il being expr~lIly underllood, il hereby morlgl'lled 01 if lpe.:;fically ...t forth end d.ocrlbed In lhe gronting Ind
h,bendum c1au'~. h~reof, and .vch R~,,:iv~r Ihall hove all Ihe broed ar>d effective "'nCliont end powe.. In anywill ~ntrutled b~ a Court '0 a Receiver, a..cl
luch appoinl"'~nt Ihall be made by Iwch Court alan admitted equity and a ma".. of ablolute rig'" 10 said MORTGAGEE, and wilhout ..ference to the
ad~quacy or inadequacy of Ihe valu~ 01 the properly mort>:'ged or to Ihl lOivency or insolvency of &lid MORTGAGOR or the def.ndan", and Ihet .I>dt
'~n'", prnf,", incom~, illuel Ind- revenuel 11'1111 be applied by luch Receiver acco,ding 10 t'" lI.n or eqvity of Mid MORTG,""GEl: and the prt<tlce of ouch
Court,
8, To duly, promptly and fully perform. dilCharge, eXKute, elfect. ~I.fe, comply with .nd abide by each and every the ct;pul.tiont. ag'Hmen!J.
condition, and covenantl in laid promiuory note and thjs mcrtg&ge tot forth.
9, Tho! in Ihe evenl Ihe ownership of Ihe morlglged p,omilel. or eny port thereof. bec_ vested In a peroo" ot...., thin tho MORTGAGOR, the
MORTGAGEE, i" luccelloro Ind a..;gn., may, wilhoul no' ice to the MORTGAQR, deal with .uch lucceuor or tvcceuor In inle''!lt wilh reference to thll
mortgage a"d Ihe debl her~oy lecured in Ihe ume ma"ntr II wilh Mortg'90r without in any wlY vitiating or diocharging !~. ~~~I' liability .......
under or "ron the deb! hereby lecured, No ..Ie 01 Ihe premile. hereby mongaged Ind no forbeeronce on th. part of lhe ~t~f'or I~ IVCC'UOtl
or allignl "nd nO ex!~",ion of the tine lor Ihe paymenl 01 Ihe debl h"reby MC\1,ed given by tho MORTGAGEE or I" ~"or .-ftlll'nt','W)o1I op<<ate
!O rele..e, j,,,harge, modify chlnge or affeCl the o,ig;nal liability of the MORrGAGOR herein. ..,..... In whole or In pert:? ,:;:..'~ \.. () : , .... ::. .....
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10, " i. Ipecifically eg,eed Ih.1 lime i. 01 ,Ioe euence of thll contract and t....1 no wllver of ."y obligation ~r fill of "'" ob~~.~
cured hereby Ihall 01 any time ,he,e.fter be held' to be a wliver of the terms hareof or of lhe Inllru""..,t Il<Ur herby, ~ ~ "': ~., If} ..: 'I> " i ;:; ~
-::). .... C) ",r~. =
i:~ ,,,ITN[SS '....~[REOF, Ihe ,,:d MORTGAGOR hU her~vnto leI hil hand .nd leal the daj'..!,nd"'y! fir af~,,".ld. -::; .' ~ 0:' .' "Air'i :; ::
&;2'g"ed, Sealed a~d livered in Ihe prelence of: 1', ".Ll:! ON~'t'RU " n " .... ,:
":, II -- . . ....
. . /'i f.....I by .... '. '-
--- ;Jv 7-
ST ATE OF fl..ORIDA
COUNlY OF SAINT LUCIE
/,3~
A. D. 19i1
I HEREBY CERTIFY. ThaI on ~hu
7Al1~ Uql1
-lay of
Ul
ssaiJ&)ljC
Plorida
heforl' me personally appe~
'("'~c"'\6.1Y. ___ Pruiden' ~
;.. <> 11 ': ~"'n:'" ~ 1"'~1(' +: ~ 0n (;0"'1'.'1 q..,y
. of
corpora.fion. '0 me
.0
known 10 he Ihs peNOru dflaibed in and who execu.ed the foregoing 'ru'l'UlMfll. and ,evft'GU, ac1cnowl.dged .he ex.-
. .
culion thereof /0 be lheir fTH ael c.nd ked CUI .uch ofJlcen for the we, and PWt>OH' Ih~refn IIWfttlOn~J;-..~~. ~}hey
affixed Ihereio the oJl1cfa1 .eal of laid corporation, and the .ald lrulmmenl U .he ac' and d..J..,oi' ,~. ~~
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ty 0.'14, ,tate. _ '.,. : ~:
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\VITNESS my hancl and off/cf4 I .ear at Fori Pierce
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for oncl C~'41ar1:.~.JI-:.~'~:; I
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940-l'il
FII.ED AND RECORDED
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1961 ~PR 13 PH 3: 39
~JGZ,~ POIT,IA'" rI[':I1(
ST.lUCIE COUNTY. nORIJ'~
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