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3. To ~ end CIDM--'Y .. 011 !he buIlcIfleI _ 01 ....... .... 011 MIll ...... end 011 .11 equlpmeIlt end ~Iy ~ by tt.b m<<1e-
.... wlth .11 ~ thereon palellft full. .... ~ 1ft !he uauaI ....... poIlcy ..... 1ft . ,,"" aptIIOWCI by !he ~TGAGU. end wlndalOftll
lftaur_ 1ft !he ~ .tandard policy ..... 1ft " _ ...,..,... ...,.... MOaTGAGH. Ift.MdI COMj)IftY . ~ .. .... ~TGAGU oMy
....., end ell fIftt .rod willdatonft lftaur_ poIldea 011 ..., .. ..w ","Idi"... ..., ........ ....Ift . pert thereof. 1ft .... egg,.te """ .forMlId ·
1ft ._ thereof. thall __1.1ft .... uaueI atendard -..... ~ . NCh odw ~ .. the MortlaagM ....y ,.quite. MMing .... loaa under ..Id poll-
dn. uch end ...-y. pay.bIe to wid ~TGAGU .. Ita ........ WW'I .,.,..,. end MCh end ...-y lI!Kh policy ....11 be promptly ...igned end deli_ed 10
."., ...... by ..lei ~TGAGEE .. further _Ity to ..... ....... ",-.end. not ... ...... .... (10) ..,. 1ft edva~ of !he ...plr.tlon of .ach policy. 10 e1a-
n- to wid MOIlTGAGEE a _I tNreof. ....... wlth . r-"Pt for !he pnomIuIft of MdI _I, end ...... ....11 be - flra · wlnch-.n I_.~
pa.c.d 011 II'IY of ..lei bvI..... II'IY .....,... .... . part tNreof. .... In !he forM end wfth .... i.- payebla .. ......Id, end 1ft .... .vent .ny IV'"
of -V becoo.- payable under auch policy or JK'lldaI ..Id MOITGAOft ....11 ...... 1he option to recelw end apply .... -- 01\ _I of .... Indebt....
_ _ed w.by . to 1*",1t Mid ~TGAGOIlS 10 ~ end ... It...-y part I........ for ....., purpoMI. wlthow1 ther.by w.lving · impair.
Ing any eqully. hen . ,Ight undar . by WtuII of 1hia --...' end In the awnt ..Id ~TGAGOIlS ....n for .ny raa_, f.1I 10 ....p 1he Mid praml_ 10
iNuted. . f,i1 to dellvat promptly IN'"!' of ..Id poIldH of lftaur_ .. Mid ~GAGEE. . fall promptly tcS pay "'11y eny pramiurn lhe,.for · 1ft eny
raapect f.1I ~ parlorwI. cIIectwve. execute. eH.ct. ~. CIOfIIIIIv wllh end .bIcIe by thIa cov-enent. . any pert ....eof. ..Id ~TG"'GEE may ~ end
pay foe auch ......._ . any pert thereof w1t'-'t weMng . .ffecfiiIe wry option. I..... equity. or ,1gh1 under . by ..Irtue of this Mortgage. .nd lhe
"'II -' of MCh end ...-y auch payment thall be ~ due ..... payable end ....11 bear Ift....., f,om .... d.te lhereof unlil paid .t t'" ,ate of
nine pet c...."'" pet """"" end 1OgI1her wlth auch ........t ahall be .--.d by .... IIaft of 1hia ~.
.. To petI'ftI1. ---" . ;,ufhr _ w..... J....,.."*" . datwlontlan of uld property . wry part 1henof.
50 To pay .n ..... IIngvl" .... coah, cNrvaa end .xpaNM. InducIIng . ..-onaWa .ttomrt. f.. and ClOI'- of abal1'ec1I of 1ft1.. Incvrred · paid .1
II'IY """ by Mid MOITGAGEE. ___ or In .... __ of It. ,..Ivte Oft .... pert of 1M ..Id MOIlTGAGOI to c1v1y. promp1ly and fvlly perform. diachatge.
..acvte. eH.ct. ~ ~ wi1h and abide by MCh end -V .... 111pu1a1loM. ~h, ~itloN" end ~" of ..lei promlllOlY nota end thll
~ any or "tW. end ..lei COlts, cNrvaa end .aparwet. MCh end -V. ....11 be immediately due end payabla, wMther or not th<<a be notice ·
INIId. ...... 10 collacl or 1\111 pandlng, end 1M fvIl _I of MCh end -V wch paymen1 ....11 bw, .......1 from the clate thereof unlll paid .1 the
r.le of nine pet cenl"'" per """"'" and .11 Mid COI'-. dwget end ......-. lftc\ltNd or peId. 10pther wi1h auch 1ft_I. ahall be _ad by the n.n of thlI
~.
6. That (.) In !he ....-1 of any brHch of tt.b Mor1gage or deI",1t on .... part of .... MORTGAGOR. or (b) In the event .ny of Mid """. of money
hareln ,.f...red to be not promptly end fvlly paid withlft lhi,ty (30) dayI ".&1 .ttw .... _ _elly ~ due and payable. wlt'-'t demand or nolice.
or (c) 1ft the event .ach .nd every.the .11pv1.lloN" 1lI'""*'ts, condIt'- .nd ~'- of Mid promillOlY not. .nd thie mortgage any or .Ither ... not
jvly. promplly and MIy perfonnecl. diacharged. execv1ed. ~ completad. compiled with end abided ..,. then 1ft either or .ny .uch "'..... lhe Mid IV'
greg.te aum ....nlioMd In ..id promlaaory nota then ......inlng vnpalel. witt. Im,,"t ecc,wd. end .n money. llCUl'ed ....eby. ....n ~ dve .nd pay-
able f~hwith. or t......ft.... .t the option of Mid MQIlTGAGEE. .. Ivlly end completaIy .. If .n of lhe IIId ........ of moMy _" originally Itlpvlaled
to be p.id on weh cky. anything in Mid ptomlMoty note or In tt.b Mortgage to I'" contr.ry notwlthslanding, .nd lhereupon 01 t.......ft... .t lhe opllon of
lIid MORTGAGEE. wilhoul nolice or .....nd. .vit .t 1_ or In equity. tIter.fore or ther.aft... begun. may be prOleCvled II if .n money. .acu,ed hereby
had ""'lured prior 10 ill IMtilUtion.
14 PACE242
7. That In lhe evenl 1"'1 al lhe beginning of or .1 .ny Ii.... pancllng .ny .vit upon Ihi. Mortgage. or to for.cION, II. or to ,eform il. 0' to enforce
pay~1 of .ny c1.im. he,.......>>,. Mid MORTGAGEE .hall .pply 10 the Court h.vlng juri.diction lhe,eof for .... .ppoinlmenl of · Receive,. .uch Cou,1 .han
forlhwilh .ppoinl . receiv., of ..id morlgaged property .n .nd .Inglll.... iftcluding .11 .n.! .ingul.. In. Income. profil', illu., .nd revenue. frem whalev.,
lOU,ce derived. eech and eve,y of which. il being upre..ly vndarlloocl. II hereby mortgaged II If .pecific.lly III forth and de.cribed in the g.anling .nd
...bendum cl.u.... he,.of. and .uch Receive, ....n "'ve all lhe br.-d .nd effeclive fvnclioo>l .nd POW'" In .nywi.. .ntru.led by · Coo,,1 10 a Receive'. .nd
.uch appoint",.nl .h.1I be made by IUCh Court II an edmilfed equity .nd . """.. of .bIolv" ,ight to Mid MORTGAGEE. .nd withoul reference 10 the
.dequacy or inadequacy of Ih. v.lue of lhe property mortgaged or 10 !1M aoweney or inlOl...ney of ..Id MORTGAGOR or the defendanl.. .nd th.1 .uch
r",". profil', Income. i...... .net rev....... ....11 be applied by .uch ._1..., according to the n.n or eqvity of Hid MORTGAGEE .nd lhe pr.dic. of .uch
Covet.
6. To duly. promptly .nd fully perform. dlscherge. ...ecvt.. .ffed. ~.I', comply with .nd .bide by each .nd '''''Y the .Iipvl.lions. ag,..rnen'-.
condilion. and covenenl. in .aid promi.aory not. .nd thil mortgage set forth.
9. T"'I in Ihe evenl lhe _..hip of the mortgaged prami_. or .ny part I....eof. becon- ....Ied in a peraon olhe, t"'n the MORTGAGOR. the
MORTGAGH. ill .ucu.sor. .nd ...iglll. may. wilhout nolic. to the MORTGAOR. deal wilh .uch .UCClllOl . ,uCC"'1OI In inl.,e.t wilh refe,ence 10 Ihie
mortgage and the debl her.by lKu,ed in lhe ..".. ""'''''', II wllh Mortgagor wilh6vt In any way ..i1I.ling or diKharVing lhe MortglgOrl' li.bility he,..
....del or upon lhe debt hereby lKu,ed. No..1e of lhe pr....i... here" mortgaged .nd no fofbHranc. on the part of lhe MORTGAGEE or ill IUCce..on
~ a..igM .nd no ulen.ion of I'" tima for the paymenl of I'" ct.bl her.by MCII,ed glvtn by the MORTGAGEE or It. IUCCIIIOII' or ...ign.. .h.n oper'la
to ...._. diK"'rge. modify change or .Hect the original n.billty of the MORTGAGOR .....Ift" ......, 1ft whole or In part.
10. It i. apeciflcally agreed t"'l lime Is of lhe euen;:e of ftIl1 contract .nd thet - w.i..... of any obligation haravnder << of lhe obIlg.lion ...
cvntd he,eby ....11 .1 eny lime I......ft.. be held"to be . w.iver of 1M 1_ ....eof or of the inltrumenl MCIIred he,by.
1!;=-~~:;Z=:'M_"~~~~'M_IN~~~~
;,,~- J -2 I. <;;1'0~ J
(Se.I)
(Se.1)
(Sell)
(Se.1)
STATE OF flORIDA
Saint Lucie
COUNTY OF
l ~-
Befor. me .,....-.11y .ppaared Edwin Binney Stead and
Helen M Stead hIa wife. 10 me _1I1uoown andluoown to me to be
the IncIivlcIvah dnaibad In end who .xewMd 1M foregolng ...."""*". end ~Iadged ~ me that they ...acutad .... ..",. for .... pvrpoMI
tW.en....-. Md the .ald Helen M Stead
""'" of .... ..Id ~win Binney 5l;ead -- upon · Mplrale and prlvale
e.._ination by me I"" aeparate end apart frooo\ .... IIId hvaba~ ackncrw4.dpd to and before me that aha .xecuNd Mid ....truonent f,..ly end volv,..
I"ily ..... without ...., compvbion. ~alnt. ~ ... of . from~ huIbend.
WIT~ ~.~ end official _, tt-It /4- clay of "O'~, . .... O. 19~
.",.\\.. ........:::,// ~-- & -~P..(!?--
.... ..~~ G.l1r.-. /". NoteIy Public In .....-for the ..... of florida at Urge
:':"'l'..'<- ..........~.( My CantlNaIlon eJlPlrIta. .. .....'... ~.., ,.f ~. .....I~ d 1..1lg8
:0" ...... .. ~ Toe - IIOUIY r".loIt, ,,'.' .' ..
, tjf",.{~1It Jlvi9!'. .... ~ My (C)IIlIIlission ;:: . .;. ~ I:~;;, 4. H61
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