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3, To pllc. Ind continuously ke.p on Ih. bul!Jingl r>ow Ot he,..ft., litvll. on uid Ilnd .nd on .11 .qu'~nl Ind 0" ..onally cov.red by this n\Ort9'
.v.. wilh III pr..miuml l~er.On pa,d I~ full, fir. Insura"c. i" lhe ulu.1 Illndard policy form, ,,, . Ivrn IpprO".J by In" MORTGAGEE, Ind windslOf'"
'",,,rance In Ih. "'"II "andard policy fOtm. In . lum Ipp,oved by the MORTGAGEE, in "",;' :"""Plnt 0' com~ni.1 II Ihe MORTG.a.GEE moy
dire<t; .nd .11 fire ,,;nd winditGrrr insur.nce polictel on any of .Iid Ouildlngt. .ny in'er~H ther.in 01 p.rt thereof, in the Iggre-g.te sum .f()(e,.id or
In uce.. Ihereof, Ihl1J contain Ih.. usuII ""nda,d mor'gaq.. cllule or .ucl, oth., cl.u.. .. Ih. Morlgag.. may ,oquira. making lhe Iou unde, uid poli-
cie., e"h and e,ery, poyable 10 ..,d MORTGAGEE a. il. inl.,." may I~I', Ind elch In~ .,ary IUC" pohcy .hall b<o promplly a..,gned and del:ve'~ '0
In,;, held by uid MORTGAGlE .. I",tner .ecuri'y 10 ..id morlglge debl, Ind, nol I... Ihln Ion (10) days in advI;",e of lhe ""piral;on 01 "ach policy, 10 el....
liver 10 ..id MORTGAGEE a renewal 'herffOl, loge,;'., wi'h a re<;eip' for lh. premium 01 .uch r.newal; and Ihere .hall be no I"e or wind"orm insurance
plac..d on any of said bvildings. .ny interet' therein Of part thereot, unlcu in the form end w;;h ~he Iou ply.ble J;I ,for.said; end ir\ the e..ent a?\f' Ivrn
01 money becom.es peyable und<lr .vch policy or po,ic;e. uid MORTGAGEE ."ell hive lhe oplion 10 ,eCt,i.. end apply lhe .ame on ICCOunl 01 Ihe'lndabted-
nen lecured h~re'by Of' '0 ~rmi' I.ltd MORTGAGORS '0 re-ceive ."d u.. ;, 01 any plrt thert"Of for other purpotes. wi'ho'..J' thereby w"l\"ing or Impair.
lng Iny equily, lien or righl under or Ly virl"" of Ih's mor'g.g.; Ind in Ihe e,en' .aid MORTGAGORS Ih,lI for any reason fail to keep ,he lIid premil" 10
In.ured, 0)( fail II,) d.livet promp'ly any of uid policie. 01 i".urane. 10 ..id MORTGAGEE, or 1.i1 prorr.plly 10 pay lull'( any p,emium Iherefor or in any
re.~ la;; 10 perform, discharge, e"ecule, eflect, complele, comply .....ilh and abide by thi. coven.nl, or any parI hereol, ..id MORTGAGEE may pi.ce Ind
pay Tvr I~ch insurance or .ny part there-of withovt wai"ing Of C1ffe",jng any option, lien. equity, or right under or by virtue of this Mortg3ge. snd the
full Imoun' of each and !'!WHY .vch pa,menl Ihall be immedi.lely due and p.oYlble and .hall bear inler..' from lhe dal. therl!Of unlil ~id al Ihe rar. of
nine per canlum per annum and togelh.r with luch inlere.1 .hall be ..c",ad by the li.n of thi. morliJ4ge,
4. To permit, commll or luff.r no w"'., Im~lrMenl or c,,'erloflllon ", ..id property or any port lhereof.
5, To pay all .nd lingular 'he co. II, chorg.. and .xpen..., Incl"dlng I re..onabl. allorney'. fee and co.l. of Ibstracts of Ii lie, Incurred or ~aid al
any lime by u;d MORTGAGEE, becau.e 0( in Ih. evenl of Ihe ililure on lhe par' 01 Ihe ..io MORTGAGOR 10 duly, promplly and lully ~rform, dischlrge,
execule, effecl, comple.., comply with and Ibide by .ech Ind every I". "'ipulllion., egr.emenlt, condilionl, and covenanll of ..id p,omiuory nol. end Ihi.
mooglse Iny Of .i'her, and ..id cc..., chargel Ind e"pen..., .acn und .ve,)', Inall be imm..dillely due Ind p.oYlble; whelher or nol lhe,. be nork. d... -
",and, al"mpl Ie collect or .uil pending; end lhe lull .mounl of eoch end ~"'.' :'"<h plymenl .hell b.oar inlere.1 Irom ,he dole 'hereof un'il p.oid al Ihe
,.te "I nine per cenlum per annum; .nd all uid co. I.. charge. and e.pen... inc<rrred 0( p.oid, together wi,n .uch inlere.I, .hall be lecured by 'he lien of lhil
morlgage,
6, Thl! (a) in Ihe evenl 01 .ny bre~ch 01 this Morl;jage or dellull on lhe parI 01 Ihe MORTGAGOR, 0: (b) In lhe ..yen: .ny 01 laid .uml of "",,'e'(
h..reln referred 10 be nol promplly and lully paid wilhin Ihi,l.,: (30) d'YI next aller lhe ume lev..r.lly bl!C(\(Tl" due and pay.ble, .....ilhoul d..mand 0' notice,
Of (e) in the even' each and ~v~ry the stipulations, agreement.. conditiO'" and covenant, of laid promiuory nO'e and thi.. '1"l(utgage any Of either .(0 no.
:fl.1y, i>fOmplly .nd fully performed, d,scharged, ""Kul~, efleered, compleled, compli.d wi,h and .bided 'oy, then in ..ithe, or .ny .vch e,e'" lhe u;d ag-~
gre-gst~ lum mentioneo in ,sid promiuory nore then remaining unpAid. with interest ~ccrued, .nd .11 mone.,.. lecured hereby, shaH bxomo due and p~-,.~ ---
.ble forthwilh, or In.,realler. a' th.. option of u,c' MORTGAGEE, .. fully .nd completelf IS il all 01 Ihe uid suml 01 money wNe or;':)'n.lly "ipulated
to be p.ll:d on luch d<:.'1, ..,nything in sc!I:d ...,rominory note or in 1~.is Mortgage- to th~ contrary notwi,hst~ndjng; and :hereupon or thereafter at tn., option of
laid AJlORTGAGEE, without notice or demand, suit at law or in e-quity. 'herefore Of 'hereafter begun. m!y be prOSE-cured as if all moneys s.xured hereby
had matured prior to its in$ti!ution.
7. Tha' in ~he event tho-t at the b!'ginning of or ,at any time pending Ztny svit upon this Mortgage. or to for('c:ose i'. or to reform it, or to enforce
payment 01 .ny cI,;ml he,eunder, la,d MORTGAGEE shall apply to Ihe Courl h.vi"g iuri,diction !hereof for ,he appointme'" of a Receiver, luch Cerurl .h.1I
forthwith dppoinr (t recei....er of SJid mortg.ige-d property ~II and sangular, including all and singular the income, pfcflli. issues And ,'€'venve-s from whdtever
source dcri....cd. each 3nd every of which, it being e:ll:preuly understood. is ....l'reby mortgaged d\ if specifically set forth and dCHribed in the granting and
habendum cldu~e5 ~er('of, and such R,_'ceive-r shall ha....e all the brOdd and effe<ti....e functions and powers in anywis.e entrusted by a Court to a Recei....er, and
S\..:cn appoinlm('nt shali be made b', such Court as an admitr~d ~qlJity and. matter of absolute right to said MORTGAGEE, ~nd without reference to th~
adeq!,;~cl O~ :nadcquocy of the va!v-e' of the J]roperry mO"g~ged or to the lo~ve"cy or inso!vency of said MOPTGAGOR or 'he def€,ndanU/ and 11l1lt Ivch
re,"", profits, income, issue. Md- revenue. .h.1I be .pplied by .ueh Receiver accord,ng '0 the Ii.." or equilY 01 "id MORTGAGEE .nd Ihe praerice of lueh
Court.
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8, To duly, pro--np!!y and full'{ per/orm, d,scharge, execute, ellect, complele, comply wilh and abide by each a"d every lne "Iipulalion., .gr....menh,
conditions end covenanls i~ sa;d prom!uory note and this. mortgage set forth.
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9, ThaI in ,he evenl Ihe ownership of lhe m"rlg.ged premisel, or any p'" thereol, beco...es ve"ed in a pe'"on Q1h~r' t""n Ihll- MORTGAGOR, ,~
^,~,ORTGAGEE. its succc-!.so~s ~r""\d assIgns, may, y.;ithout notice to the MORTGAOR:. de~1 v..ith such Successor or succeuor..i_n- jrner~,t .,...;th'(efl'!'cnce to this
mortgage and the debt hereby sC'(ur('d in the same manner ~s with Mortgagor without in any way vitiating or dischllr~9 th~ r..~::>rJ~gori" iia.bility here-
under 0' upon ,he debt he,,,S f .ecu'cd, No ..Ie 01 Ihe p,em,... hereb'{ mortgaged .nd no forbearance on Ihe p." ot Ihe MORTGAGEE or ill Iv<ce"ora
or a..igOl and no e<l~n';on 01 ,h.. time for Ih~ paymenl of Ihe debl hereby I..cvred given by I.... MORTGAGEE 0' ill'S\)c;ce,I""& 0.. ,...igns, ',"all oper.te
10 reiea.e, d;"harge, modily chenge or .lIee' 'he original li.bilily 01 lhe MORTGAGOR herein, eilher in whole or in p,,,~, '.' _',
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10, It i. .pec,flC.lly .greed tha' t,me i. of In" e..ence 01 'h,. contr.c! and Ihat no waiver 01 any obligal,O{l' n.,r.\Jndl!r 0' of..'!ee- C!!>Iig.llon .e-
cured hereby .h.1I .t any I'me thereafter be held'lo be a waiver 01 Ihe lerms "~reof or of lhe in.lrumenl .tcu,ed herby: '. . . _ . "
hereunfo leI hil hand and ....1 Ihe day and y...r firs' aloresaid.' . ',-' , "
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51' A TE OF R...ORIDA COl.JNTY OF 5AI!\.'T LUCIE
I HEREBY CERTIFY, That.;:~~i~:.-~~~~~:~ day vI _ ~('(
hefore me per~onally appeared I . and "" ,
respf'clil'ely __ President and Secretary
'~ P" t1 '<'~'14Pl"S ()~ 7..,. ,no""en.. TT'~ Florl.<1p..
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.___, A, D. 19 61.
"1'~ r M. .:r-l---~
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corporation, to me
~,wwn io he the pcrsoru dPIJcrihed in and who executed the foregoing in.dnunent. and sel'crolly acknowledged the exe-
cution thereof to he thetr free act and deed as such officers for the W~ and purposes therein menti4JMCl; ~J thlU"they
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affixed thereto the official seal of said corporation. and the said lrulrumenl is the act and d~ Qf.~aid 'CO;.panQioR.
". .. .. .
\VITNESS my hand and official seal at Fort Pierce IJaid county ~':,t~.l
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. oa.w. JAcuoa-.IIu.1 ..1711
n4239
an' for Slale and County JoMia~'
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xplrelJ; ,j:J.3!'f I . ,:., ~. " '. .'''" 'r' "
M'f C",~'i~.~;;"_' ,:.', :;, ,~. 1961
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IN~Z~~~!
1961 I1PR 18 PH 3: 05
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