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O. R.
BOOK
8
1~3
3, To plKI and conrinuCIUIly k~~ (WI .... b..lild'..-.ga rw:1W ", ...,..."., tl1ue.. 0f'I Mid J.M tftd on .11 ...~ end ...,.....aIy ~ .., ... ~
agl, with ,II pr....,1uma I....reon ~id In full, fI,.. .....,,_ lI'I the ,*,.1 Iltlofldet-d potlty fo."" In II ..... .,...owd by the ItlOIfGAGH. and .11' a'I'''''
Inav'at\U In Ih. ...wI .I~'d po!icy for.... In . ...... eppt-.d by .... MOCfQAGtf, In -.rlI COfftP4II'y 0' corrtpMbe . "- MOfITCMOa mey
dI,ecf, and all r.... and ""indolo,,,, 1Nu,.nm poIkIn on tfty of IltId bulld'ngt, arty In....... ....In Of ~lt tMrtot, !r. tIr. ........... _ ~ or
In UCftI Ih.reof, wll con..i" lhe usual IIand.,d ~ u- Of MKh ott.er ~ .. t!\e Mcw1e~ INY ~.. mMAne .. !eM ~ ..., po>>-
c;., ..ch and .......v, ~y&ble 10 Mid MORTGAGEE .. Ita In......t ,.,.., ~, eM -" and .-y .uck polky .....,1 be prItlftptfy MiIgfted and ~ to
.ny hel~ by .,Id MORTGAGEE .1 further MCUtIty to Nki 1'Il<<t9ag.e cIeOt, ...., not ... tNft "'" (ltI) daya In adv._ of thtl uplretiGft cri eadI polley, to ..
Ii...., to uid MOR1GACEE . ,~.I thereof. f09a'lww wi'" . rec.1pt for !tw prenU\I!ft oof _h ~.II and tt..r. wll b no fire Of .......__ ~
pl.ud on .ny of ..Id bullding'l. .ny Inl...... !het.1n 01 pMt ....reof, 1.""- In .... fonn and whh the IoN ~yable .. II~ Inli In .... ....... MY "'"'
of money bKomeI ~y&bla under .vch policy 01 poIk1n Mid MOITGAGl! th.1l he.... .... Option to receI.... and apply .... _ on accounl of .... Indebted-
.,.U '4KU'~ heroby ..., 10 p.tmil laid MORTGAGORS to !Kelvl and UN h oX .ny ~rt theteof for ot"" pu~, without thareby ......lvlng 01 ~
Ing any equity, llen 01' rlghl l1NIer 01 by 'Virtue of Ihlt mOItgage/ and In 1M ......,t Mid MOltTGAGOItS ahall for lilY _ felt fa ~ the Mid pretn'- 10
Inlured, 01' f.il 10 dell..... prOMptly .ny Clf ..Id policlat of Inturance to .ald MORTGAGEE, 01' fall promplly to ~y fully .ny ptelftlum lher.fot 01 In Ifty
r.l~ hil 10 periOl'm. d:!Chatgl, IXltCule, Iffecl. complete. comply with and abide br ttw. _I, 01' any ~rt Iwweof. Mid MOtITGAGfE may ~ and
~y fOl' luch Insu,a..c. 01 any prt th.reof without wllvlng 01' .ffect"", en)' option, 11an, equity, 01 right utldet << by virtue of IhIt Mort9age, and the
full .mount of .ach .nd .....ry wch paymlnl lhell be Immedl.I.ly ctu. ~nd ~yabl. end wll ~ Inl.,... f,om .... dah thereof until !)lid .. .... ,ata of
nine ~ cantum pa' ."""m .nd tog~the, wilh ouch intO":..1 wll be le'Cuted by .... II4tn of "'Ie Ift-~.
4. To ~mll. ccnvnll 01 .uff., no w..I., 1m~1r.r.ent 01 dat...iot~tIon 01 MId JlNPaI'Y << .ny part thereof.
5. To ~... .11 and Ilngul., .... coell. cha,V" .nd upe-. Including I _~ .~. f.. .... ClCH" of .br.radt 01 tltl., Incurred 01 ~Id .1
.ny lima by .,Id M0Il1:;,'\0EE, bee.".. Of In .... .......1 of lhe fallu,. on th. pwt 01 lhe .,lcl MOIlTGAGOR to "!y, ptOC'!lIptty and MIy perform. ~
uKvt.. .Hect, complete, comply .....ith .nd .blde by .ach and ~ .... lIlput.tlona, ~, cond/tionl, and CO."...1"" of Mid promlNOty not.. and thlt
mortgage .ny 01 .i!he,. .nd .,id COlli. cha'gl. .'>d IxpenMI, .ach and ~, w I be irNMdlelltty d\HI end payable: whtothat << not In.... be notQ .
m&nd, .ttempl 10 collect or .uit p..>ding; and the full amounl of .ach and trIfKY . Ah payment WII bear W-. from ... d* ~ until peld .. ....
,.Ia of nine pi' conIum per annum; .nd all .Iid colli. char~. .nd uplNlft Incur,ed Of p.Id, together with eudllMarett, ahMl be -.d by the lien of "'II
mottg~.
6, ThaI (ol 10'1 ,he IV<'nl of .ny brHch of I";. Mortgeg. ~ default on .... ~rt of lhe MORTGAGOR, O!' (b) In .... went lIlY of .-1eI "'"" of mcmay
h.,.ln r.f.,red to ba no: promptly .nd fvlly paid wlthh thirty (3Ol d.YI nut .ftel' .... ..",. _.lIy becotna au. and paY'~' without dernand 0' 1WItlce,
Of (cl In the ........1 each and every lhe Ilipul.tlor... eg_IfI", condItlont and COYeNn" of Mlcl promlllOty nol. end Ihi. ~.~ My Qf either ,.. not
~uly, pron.plly .nd fvlly parfOl'med. diKh.orged. uecvted, .ffected, ~platec:l. compiled wi'" .nd ,bided ~y, then In .lther 01 'ny wch awnl thfo Mid ~
gregofa .vm m.ntion~ In lIid p,omiuory nole then '.....inl"" un~id, wllh Inl_I .ccrued, and .11 moneY' MCU,ed hereby, .hall become ctu. .nd pa.,.
.ble fOflhwith, 01' Ihereoft~" 01 Ihe option of said MORTGAGEE. .. fully .nd compl.t.ly .. if .11 of the lAid 'umt of money w.r. originally Ilipvlated
10 be pAid on luch dol', .nylhing in laid promiuory not. 01' In thil Mortgag. 10 the cont..ry notwlth.I.ndlng; .nd IhMlUpOft 01 lher..fter a' lhe op9lon of
I.id MORTGAGEE. withovt notic. or demond. luit .t I...... Of In equity, ther.fore 01 lhate.ft.r begun.. may ba prOMCVlad... If .11 moneY' MCV,ed hat.by
k~d matured prior to its institution.
], Th.I in Ihe evenl th~t ot Ihe beginning of or &1 any lime pending any Ivi! upon Ihil Mongeg., or to foreelo.. It, 01 10 r.fOtt/\ il. or to ....force
p.ym<:nl of any cI.ims h&reunde', .aid MORTGAGEE Ih&1I .pply 10 the Covrt having juri.diction lhereof for lhe .ppoin!m.nl of a Rocei...er. luch Court shall
forthwith appoint & receiv~' of I.id mortg.g~d pr~rty oil .nd .ingul.r. including .11 and lingulo, the incom.. profits, ill.... .nd r.....nues from whalavat
,ourc~ deri~ed. ~.ch and every of which, il being exptellly undetttood, II h.reby mo,tgaged II If lpecifiCllly .e! forth and dewibe-d In the granllng .nd
habendum cI.use. h~'eof, end .uch Receive, shell hov9 oil lhe broad otV! .ffeeli.... functionl .nd powl" In onywlo. .n!,,,rted by . Covrt 10 . Ree.I......, anci
such appoinlm~nt .h.1I be mode b'f .uch Court a. en adm;!l~ equily .nd . rn;;!l.r of .blolul. righl to uid MORTGAGEE, .nd withoul ..f.r.ncl .., ....
.dequ.cy or in.cequocy of the ....Iue 01 the property morlg.g~ 0' to the IOI...ency or in.ol....ncy of I.I:! MORTGAGOR 01' the def.nd.ntl, .nd th.t lveh
r~nlS, prolilS. income. i..ue. .nd- revenuel .hall be oppli.d by luch Reeel...., according to lhe Ii.n 01 equity of laid MORTGAGEE .nd lhe prectice of wch
Court.
8, To dvly, promptly and lully perform. dilcharg.. .xecvt., effKl. 'complet9, comply wllh ....<1 .blde by uch and ~ lhe IIipul.li<>nI. agrMmlnlt,
conditions .nd coven.nlS in lIid promiuory note .rw:t Ihis mor!g.ge &el forth.
9, Thol in Ihe ev...n' the ownetthip 01 Ih. mortg.g:>d pr.mis.., Of .ny ~rt thereof. becomfl ...elled in . pe....,n othe, IIlan lhe MORTGAGOR, lhe
MORTGAGEE, it. lucceuor, and euig..... moy, wilhout notice 10 Ih. MOllTGAOR. d"1 with ouch luccellOf or lucceUor in in'.rell wilh r.fer.nce 10 Ihil
mortg.g. and the deb, her.:'y secured in th~ lam. monner II with Mortg.gor .....ilMut In any w,y vili.ting or diocharging Ih. Mo,Igagon' Iiebility he,..
under 0' upon th. deb' hereby .ecure-<!. No IIle of Ihe pr.mile. he,eby mortgaged .nd no forbaerlne. on lhe part of Ih. MORTGAGEE or II. .ucclUOra
0' .uigns .nd no extension of Ih~ lim~ for Ihe pay,nent of Ih. debl her. by &ecvred given by Ih. MORTGAGEE or iI, auCCftIOl'I' 01 .nig"'. .hall oper.l.
to rel~..e, diochltge. modify ch.nge or effect Ihe original li.bility of lhe MORTGAGOR hMein, .ither In whol. 01' In part,
10, II il .pecilic.lly .greed t....t lime i. 01 Ihe ...ence of Ihil conl..Cf .nd lhal .? w.I...... of .ny obligotion ....r.under 01 of lhe oblig.lion ~
cur~d hereby sh.1I .1 .ny time the,eafter be ileld'to be . w.iv.r of Ih. I.r"" hMeof 01' of the IlIItrvmar.! IeCVred h",by.
.nd 1..1 lhe dlY .nd y.... fittl .for.llid.
IN WITNESS WHEREOF, 'he s.id MORTGAGOR "os hereunto .., hi. h.nd
Signed, oled.nd d..li....red I he pre.enc. of:
-~
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.-R~%V~~IO
-rfZt; ~'llV; '11/ -r
I . ('t./ I. . J ,vi (Se.0
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(Se.O
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STATE OF flORIDA l
St. Lucie r ss.., ~'; 'iii',:'
COUNTY OF ../.';::'.;........~:')-.I "';,
Baf",e me peroonally .ppeored Roland H. Vaillant ':'....;;':..... ..~..~:
Ri ta M. V A illant hi. .....if.. to m. w.:: k";;""'" ;~~me i, '&e....
tll. individu.l. de.cribed In and who exeeuled the foregoing in.lrumanl, and acknowledged bafOl. ...... Ihal they exlCl.~ ~ ~ t~ ':'" .
ther.in .xpt"ued. "d lhe &Ii..! Rt ta M. Vaillant:...:. ~ <.t $;'.;. v-;";':" i '
.. .'.. t'nn' " .
....ife of Ih. uid Rol and H. Vaillant;. ~~#~, ..~.I'wt_.p#ryt,~,:.<,
eumin.tion by me I.~en up&r.le &nd apa~ I,V<". "er lIid hu~.nd. .cknowledged 10 .nd b.lf".. ,M....I Ih. .X4Kuted..1d m..~.,.!~.~ .J9,~,o.,.:':'
t.rily .nd without .ny compul.io'1. co".Irain!. IPp..h.nlion~ I.., of 01' f,Oft', he' ..I~ husb&nd. ";:" {) ""1\' ,.':> ,; : '
j.3 - dayof ~.L/ y ~./~ .:~~'i:.::;..~.~;~19~.:...
Notary Public In and .for the State of FlGrlda .1 Larva
My Cotnl!tIMIOn .xalrtl,
"')U,"Y PiAkk Sl~':' of A,tirlJ it Urve
My CoIr..'TiiSJion Exi):ru Noy. 4. 1961
Joe4od 17 "-- In , '--Y c..
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WITNESS my h.nd Ind oHici.1 ...1 thi-
Relu,n To:
Firal Feder.1 Savingl & loan
Of Fo,t Pierce,
fort Pierc.. Florid~
Aucelation
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