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3. To piKe and conll_'y .... Oft ~ bu!1dlnga MoW Of herMftw altuete Oft wid land Md on .11 equlfll'lW"t .nd pv_lIy COYeted by thl. mortg-
eg.. with .11 p'....Ivm. th.,eon peld i" full, fire Insut._ '" the _I .._t,.,d pellcy form. 1ft I ."'" 'P1~oved by the M<~TGAGEE, .nd ....indolonn
"*,,fftCIf 1ft the _I .tenderd policy form, 1ft . ....... I'fIPt'OWd by the MOllTGAGEE. 1ft wch COMpeny tH compt."\lft .. the MOllTGAGEf ....y
dlrectl .nd .11 fir. .nd winda~ lneurenc. pol'"odet on .ny of Mid bulldiftg.. eny "'I....t ....nln tH pert l'hereof, ... ~ ~'eg'l. .""" .fot...id M
In .xc... .......,f, ....11 Nfl"I" tNr _I uanderd ~ cI_ tH such othw cI_ .. the Mortgfi)H may requite, rrAUng the !ou und4tt ..id poll-
dea, uch .nd .very. pey.b~ 10 ..,d MORTGAGU .. I.. ifttetnt ....y tppNI, end HCh end aY<<y wch policy ....11 be promptly ...igned and daliv.,ed to
.ny ~ by wid MOlITGAGEf .. fu,ther MCUflty to> a;:1<t ~.ge debt, .nd, not I... ...... taft (10) da)'1 In .ctv.r>e:e of ~ uQlr'lion of MCh policy. to 0.-
IIwt 10 lAid MORTGAGEE. _,.,.1 thereof, together wl1h . r.c>>Ipt fot the pt-""" of auch ,~.Il and the,. ....11 be no fire tH wlndotorm ;",,,,,.nc.
placM on eny of wid building., '''Y .".....t ther.ln tH pelt ther-t, \01'1'- I" the fonn end with the Ion pey.bl. II .f~...ldl .nd In the .....nt eny .u",
of ~ *- peyable under wch policy tH policlel ..Id MORTGAGEE ....11 he.... !he option 10 ,ecelv. and .pply the ...... on KCOUflt of the Indebled-
nata MCutad her.by 01 to permit ..Id MOllTGAGOIS 10 receive .nd \1M It 01 .ny pVf the,eof for ~her purpoMS, withoul I...,.by w.iving 0' impei"
Ing ...y equity, Ii.,. 01 rlghl under tH by virtue of Ihb ~l and In the .vent wid MORTGAGORS .h.1I fGf .ny ,.._~ f.n to keep the ..Id pt.mi..1 ao
In lUted, 01 f.iI to deli.., ptOtnplly .ny of ..id polid.. of In_.nee to ..Id MORTGAGEE, 0' f.iI ptomplly to pey fully .ny pt....lvm Iher.fOl or In .ny
r..pect f.i' to petforrn. d'lICh.rge. necute, .ffKt, comp"'t., ~Iy with .nd .bide by thi. co"....nt, 01 .ny pert hereof, ..id MORTGAGi:E may pl.ce .nd
pey for .uch ~ance 01 eny pert thereof wl~ wllvlng 01 .Hedlng .ny oplion, lI.n, equilv. f>f ,Ighl under 01 by virtue of Ihl. Moo-1glll~, .nd lhe
full .mount of MCh and -.y wch peyment ....11 be lmmed'-I.1y due .nd peyable and .hell be... Int.,... from the d.t. lherlOt- unlil peld .t the "I' of
nine per c...lurn ~r .nnum .nd t0ge!her with IUCh Int....t ....11 be wcvnd by the lien of thlI mortvlll"
~ To permit, conwNt 01 luff... no weal., Impairment Of' deterlcw.tlon of wid ptoper1y 01 .ny part thereof.
S. To pey .11 and .lngubr lhe coo... c"-rget and UpenMl, inc!udlng . rHIOfIIbI. .ttorney'. feo .nd coat. of .btl,1Ct1 of litl., Incul1'ed 01 paid el
.ny Ii.... by Itid MORTGAGEE, bee.v.. 01 In the went of .... f.ilur. on t'" pelt of the ..icl MORiGAGOI to duly, promp'ly .nd f",lty perform, dlach"g..
uecute, .ffed, comp~te, CCNTIply wilh .nd .bide by .ech .nd Clvery the .tipulflionl, eg~h, condilioN. .nd co_nh of Hid ptomiuory not. .nd Ihil
mortgage .ny 01 .il...., .nd Hid ~I.. cherg" .nd UpenMt, ..ch .nd _ry, alwll be Immedi.tely due .nd ~y.bl'l WMI"'r or not I"'r. b" nolle. d.
,"and, ."....pt to collect 01 auit ~ingl and 1M fvll amounl of nch .nd ".,.", wch pey....nt ,hell bur Int.....I from the dal. -thereof unlil peid fl I'"
fll. of nina pet centurn pe' .nn......; .nd ell uid COl!a, chtrllft .nd upen... Incurred 01 peid, togelher with wch In.....t, thall be MCUred by the lien of Ihie
~. '
6. ThaI (.) In the _I of .ny bruch of lhit Mortgage 01 default on ~ pan of the MORTGAGOR, Of' (b) in tM .v.." .ny of ..id lurnl of money
....r.in r.f.rred to be no! promptly .nd fu~ly peid wllhin Ihirty' (30) days nalllt eft..- the ...... Mv.rally boccme due .nd pey.ble, ,.,ilhovl d.m.nd 0' nolic.,
or (e) in lhe .....nl .ach end .v.ry the IIipullliona, agree"""", condilionl .nd (OYen.nls of ..id ptomiuory nol. .nd .thil mortglll' .ny or .itIMr .re not
1uly, ptemplly .nd fully performed. disc""9ed, uecvled. .Hected, compleled, complied wilh .nd .bided "y, then in .ither or .ny .uch .v.nl the ..id 89-
g'egll. .um menlioned In lIid promissory nol. then r.....;nlng unpeid. with Inl....1 eccrued, .nd all moneYI MCU.ed .....by. Ih.1I become due .nd p.y-
.bl. forlhwilh, ~ lhe,..fter. *1 Ih. Oplion of ..id MORTGAGEE, It fully .nd completely It if .11 of lhe ..id .vml of money w.r. originally .tipul'led
to be pA:d on luch dlY. .nylhing in said p"omissory nol. 01 In thil Mortgag. 10 the conlrary notwillul.nding; .nd lhereupon 01 lhereefler .1 the Oplion of
laid MOIlTGAGEE. wilhoul nolice or d~m.nd. suil .t I.w or in equity, the,ef0t9 01 Iht-reafter begun. m.y be proaeCVled IS if .11 money. secured hereby
had ma'ure-d prior to it. in,'iturion.
7. ThaI in Ihe ev~nl Ihat &I I~,e beginning of or al any lime pending .ny .uil upon Ihis Morlg.g~, or 10 foreclose iI, or to reform II. or to enforce
r.ym~nl of .ny clai",s he'~vnde'. laid MORTGAG~E sh.1I .pply 10 Ihe Ceourl h.ving ju,isdiClion lhe'~of fo, l!le appointm~nl of . Il~ceiver. luch Court Ih.1I
forlhwilh appoinl . rec~iver of uid morlgtg~ p'operty .11 .nd .ingula" Including all .nd lingul" lhe income, profilS, illues .nd 'even\les f,om ",halev.,
IOu'C~ deroved. eoch .nd every 01 which. il being ~xpress!y underllood. I. h~reby morlgaged II if specifi<flly .~I forth and desuibed in lhe g<ln'ing ."'_.
habendum clauses h~reof. and such Ileceiv., shall have .1I lhe brotd .nd .ffecliv. functions .nd powe.. in .nywise ~nlrus'~d by a Courl 10 a Ileceiver. Ind
.uch .ppein'menl s!laU be made by such Cou,I It .n .dmilled ~uily and a "","., of abaolUI. ,ighl 10 laid MORTGAGEE, .nd wilhoul ,eferenee 10 lhe
.dequ6C, or inadequacf of Ihe value of Ihe p'operty mO,lgaged or 10 Ih. 101v.ncy 0' ,n$Olveney of uid MORTGAGOIl or Ihe defendan!.. .nd lhal luch
'en's, profill. ineome. ilSu"s .net re..nvel .hlll be .pplied by such Receiver according 10 ,he li.n 01 equity of ..id MORTGAGEE .nd lhe pteclice of .uch
Courl,
8. To dul." ptomplly .nd fully perfOlm, disch"ge, execul~. effect. COrrlplel', comply wllh .nd abide by each and "....ry the .lipulllionl, 'g'Hmen!l.
condil;"ns and coverwnll in said promissory nol. end Ihil mortgage leI f~lh,
9. Th.I in lhe e...~nl Ih. owftflrahip of the mortg.ged pt.mi.... or .ny pert lhereof, becomel Vetled in . peraon olher than I'" MOP.TGAGOIl, Ih.
.....ORTGACEE. ill succeuo" .,.d IIligns, m.y, wilhovl nolice 101M MOIlTGAOR. deal wilh .veh 'VCC~Slor or .ucc~ssor in inleresl wilh ref~rence 10 Ihil
mo'lg'g~ .nd the d~bl h.,~by ae:u,ed in ,he """ m.n"", II wilh Mortgagor wilhoul in .ny w,y vililling or disch"ging lhe Mo,lgago,,' li.bilil., her..
u~ 0' lIpon Ih~ debl h~'~by SflCured, No 141. of Ih. pr~milfll """eby mortgtgltd .nd no forbear.nce on I'" plrt of lhe MORTGAGEE or ill .ucceuora
01 ,";gns .nd no ~xle,.sion of Ihe lime for lhe pey"",nl of Ihe d.bl h.,.by .ecured given by the MORTGAGEE or il. .uccessor. or ...igns. ....11 op"rare
10 r.leue. discharge, modilychlnge or affecl lhe o,igi"'; li.bility of the MOIlTGAGOR he,,,in, eil"'r in who~ or In pert,
10, " il 'p"cificall., agrHd Ihal lim. i. of lhe essen<. of Ihl. contract .nd Ih.1 no wliver of .ny oblig.tion hereunder or of !he obligllion 'f!-
cured hereby shail II .ny lime th~r~.ft"r be held'lo be a w.iv~r of ,''' I.r"" hereof or of lhe in"rum~nl aecu,ed herby,
Ii~ WITNESS WHEREOF. lhe said MOIlTGAGOR hll he'~unlo ... hi. ...nd .nd seal
ned Se.1 deliv.red in I~ pt.lflnee of:
.". do, ~,.. 1;". "7~<>-2.--~
v/vt~~
(Se.l)
(Se.l)
(Se.l)
(Se.l)
STATE OF FLORIDA
Saint Lucie
f~
COUNTY Of
8flfor. .... p"raonelly .ppeared
Joseph Peoni
Blanche Peoni
.nd
hi. wife, Ie> m. ",.11 known .nd known 10 me to be
lhe individ",11 described in .nd who uecuted the fOlegoing lnatrument, and acIusowl~ed before me th.. th.y uecuted the wme for the PU'poIeI
ther.in Illpt.ued. And ~ ..Id Blanche Peon!
..iI. of the uid Joseph Peon! upon . ..par. I. and P,.v.t.
Ill.minllion by me tHen Mpertt. .nd .pert frort her ..Id husband, adtnov.iedged 10 and bef0t9 me t"'t .he .XKufed ..Id lnalrument fr..ly .nd volu....
I.,i/-f and withoul .ny compvl.ion, constralnl, .pprehension, 01 f.... of 01 from her ..Id husbtnd.
14th d1tyof Octob . A, 0, 1961
WITNESS my ...nd .nd oHlci.1 ...1 tt...
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Notlry Public In and 'for the Stet. of florid. It Large
My ConvnIaalon .xplAe.
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Notary PUb:it:, State of Por.-ia ilt l ~'r'e
My Comr.l.ssc, CX;;ires Apni ~~. 1 ...,.:,:>
BOnded by Am.~r.':J.' Sur~t:; Co. 01 1'0, y,
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