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3. To ~ eNJ COftli-'v k.. CIf'l the bulldlngJ I"OW 01 herNftw aItuate CIf'l ..Id land and 011 &11 -.ulptMnt and penonally .-.ct by lhi. ~
~.. wITh all pt....lunt. ther.- p.1lid It. t..lI. fl.- "*"_ In the UQUAI atMda,d po11cy form. In a ,utI\ ApptovN by t'" MORTGAGEE, and winchlo<m
~_ 1ft the -' IIenderd policy flIIm. In a _ approved by the MOllTGAGff. In _h company Of companift .. the MOltTGAGrE may
directl and all fire and ...lndatonn ......,_ poIlcift CIf'l lIft'I of..1d bo,lld;ng.. any Inter..t t.....ln or part thereof, In the aggregata aum aforauid 0<
In ..u" thereof, thall COII".1n the _I ~~ mortllagaa tlMlM or audt Oft.ar tl_ .. the Mortga~ ....y requl,e, making the Jo.r undaf laid poll-
dM, a.ch and ....,.,. fMyabl. 10 wid MORTGAGEE a. ilt In....t ....,. appear, and HCh and ....,., .uch policy ....11 be promptly auOVnad and deliva,ad 10
any held by Mid ~TGAGlE .. further M<urlty 10 Mid ~ debt. and, not ... theft teft (10) deY' ill advance of the ..pllalion of Nch policy, to de-
l..... 10 Mid I>\OIlTGAGfE . ,_...al thereof, toga" with . r-'Pf for tha ptemlunl of auch ,_all and ...... ....11 be no fire or ",lnd"orm i...urance
p1KC'd CIf'l arty of ..Id building&. any In'-..' ......In or part thereof. un... In the form and with !he Iou payable as aforesaldl and In the event any aum
of mcnay bacon_ peyabla utIdar .uch policy or poIlcift ..Id MOITGAGU ...." "'ft the option to receive and apply the ...... on account of the Indebled-
neu M<u,.d ....eby or 10 permit ..Id MOtlTGAooa~ 10 _Iva .nd UM It or any part thereof fo< other purpoM', without I.....by waiving or impai,-
ing any \lquity, lien 0< righl under 0< by virtue of thit mort~1 and In t'he .van: wkl MORTGAGORS ....11 for any r..ton tail to keep t'" laid pt.mlse. ao
ImUfad, or fAil 10 del..... promptly any of Mid policl.. of IIlIuunce 10 .aid MORTGAGEE, or fall promplly to fMY fully any ptemium thatalo< 0< in any
r..pact fall 10 ~ d1tcha'll., "KUta, .Hact, "'"'P~ta, ~Iy ...IIh and abide by thi. covanant. or any pa!' ....eof. ..Id MORTGAGEE may place and
pay fo< .uch Insu,ance or any pert thereof wit~t waiving or aHactlng any option, lien, equity. or light u. or by virtue of till. Mortpaga, and lhe
full amount of Hd\ and .-..ry tudI payment ....11 be 1.~1a"1y due and payable aM ,hall baM Inll"..t f,om t'" de.. thereof until paIcl at ,''' ra.. of
nine pat canhHft I*' a""UIft and togathe, ...Im auch Inl.,..t ,hall be M<utad by t'" lien of thlt motf9aga,
20 PAGE410
4. To permit, commit or auH., no ...eat.. \mpelnnant or daterlor.tion of Mid property or any part that.of,
S. To pey all and Ilngular the COltl, charg.. and upenwt, including a ,..aonable attorney'. f.. and co.It of abatractl of tltI., Incvrrad or paid al
any tima by ..Id MORTGAGEE, beeau.. '" In the .vant of lhe faU.". on t'" part of t'" .ald MORTGAGOR to duly, ptomptly .nd fully parform, dlsd>arg..
uecuta, .Hact, comp..... comply with and abide by .ach and .very the .tipulationa, ag,.......,... conditlonl. .nd cownanh of .aid promluory nota and thil
~Igaga any or allher, and &lid coats. cha,ges and UpanMI, .ach .nd ....,y, ....11 be immedi.t.ly due and peyablal w""~, ". not -n.... be notic. de-
mand. attempt to collect 01' lUit pendingl and t'" full _I of each .nd every .uch payment ....11 baar Inter..t from .... det. tlwreof unlil paid at the
r.ta 01 nine pM c.nlum pel' annum; and all Mid COlta, cherg.. and axpanMll Incurred or paid. together with auch Int....t, ....11 be _ad by the lien of t!lil
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6, That (a) In the avant c.f any br.ach of thlt M<.wtgag. or def.ult on the part of the MOtTGAGOR, or (b) In t'" awnt .ny -of a.id 'uml of money
heraln ,.fetrad to be not promptly end fully peld within thirty. (30) deya nellt after the ..me ..v.rally beeOtM due and payabl., without d.mand or notic..
or Ic) in the .VI"t .ach and .very the ,'iputationa, agr.-tl, COIld/tion. .nd covenanlt of .aid ptomluory not. .nd thla mortgage any or eithe, ara not
~uly. promptly and fully parformed. discharg.d, .xacvtad, .Hactad. comp"tad, complied with find abided ,,"y, then In .ltM or .ny .uch .vent the ..Id ~
g'egat. sum ......rioned in ..id ptomiuory not. t..... r.....lnlng unpaid, with Int.r...t accrued. and all moneya aecvred her.by, ,hall becOtM due .nd pa.,..
abl. forthwilh, or the,eafte" al ihe oplion of .aid MORTGAGEE. .. fully end compI.taly .1 if all of the ..Id .ums of -v _a or~inally atipulated
to he pAid on ,uch day, anylhing in uid proml..ory not. or In thl. Mortgag. to t'" conlra'f notwilhltanding; .nd lher....pon or lhe,nft., ., the option of
.aid MORTGAGEE, wilhoul nolice 0' demand, luit at law or In equity, therefor. or ther.aft... begun, may be proaecuted al If .11 r.lOnIYI .ecu,ed ""reby
had matu,ed prior 10 ita Inllilulion,
7. lhal in ,'''' evenl Ihat al the beginning of or at any ti",- panding any luil upon Ihil Mortgag., or 1<> '",eclose it, or to relorm il. 0' to enforca
paymenl 01 any c1aiml ""'eunder, &aid MORTGAGEE Ihall apply 10 tn. Courl having lurildiclion '''''reof for ,"" appointmenl of a Receiver, luch Court Ihall
lorlhwilh appoinl a receiver of &aId mo<lgaged properly all and .ingul." including all and .ingul., the income, profi", inuea and revenuel Irom whalever
lO<.'ree de,ived, each and every of which. il being ellP,.nly und.rstood. il hereby morlgagad II If ,pacifically lit forlh and delcribed in lhe granling an.1
habendum c1aus'l hCleof, and such Rece;ver lhall have all lhe broad and effective functionl and powers in anywile enlrull..d by a Cou" to a Receiver, and
luch appoinlmenl ,h.1I be ",ad. by luch Cou,' II an admllted equily and a malt., of absolute right to uid MORTGAGEE, and wilhout relerence 10 Ih.
adequacy or inadequacy of Ihe value of Ihe prope/ty mo,tgag..d or to the lolvency or in'.olve....-y of uid MORTGAGOR or lhe delendanll, and Ih., ,uch
renlS, profill, i'>COtnI, illuel. and- rev"n"'l Ihall be applied by .uch Receiv.r according to the lien or equity of Ulid MORTGAGEE and lhe practice of luch
Courl,
8, To duly, promplly and fully perform, dilcharge, execula, .Hact, ~I.te, comply w:th and abide by .ach and every the .tipulationl, .greementl.
cond'lionl and covenanlS in Ulid promilsory nOle and Ihil mortgaga tet forth.
9, ThaI in the event lhe ownership of the mortgaged pr"ml..., ~ anv part thereof, becomes veiled in a person Ol""r than t'" MORTGAGOR, lhe
MORTGAGEE. iI, .uccellors and a..ignl, mav, wilhoul notice to lhe MORTGAOR, deal wilh luch luccenor 0< luccellor in in!erell wilh reference 10 thi.
morlgage and lhe debl "erebv ,.cu...d in ,'''' lame manner al wilh Mortg'!lor wilh.:!ut In any way vi'i,'ing or dilcharging the Morlgagor,' li.bilily her..
under or upon the debl n.,'eb\' Ie<ured, No ule of the premilll hereby mortgaged and no forbearance on ,'''' ~rt 01 Ih. MORTGAGEE or ill l"ccellO"
0< a..ignl and no exlenlion of the lime for the payment of the deb! he,.by aecured giv.n by "he MORTGAGEI' or itl lu<c.no',' or IIlignl, ,hall operate
10 releale, dilcharge, mc1i1y chang. or affect the original liability of the MORTGAGOR her.in. eithe, in whol. or In part,
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10, It is lpecifically agreed Ihat lime il of the el..nce of thil contr.ct .nd that no wlllvllt of any oblig.'ion heraunder or of the obligatioft se-
cured ""r"by ....11 .t any tlma t......II., be hel4'1o be . wai."., of the tarma hereof ~ of the Instrument M<ured lterbV.
II" WITNE~ WHEREOF. lhe la;d MORTGAGOR has ""reunlo ... hil hand and ...1
ned, Saalad and deliv. in .... pr of.
t'" dey and v-- first afor..aid,
,~~lZ;~:::
(Seal)
-!Seal)
STATE OF FLORIDA
I ~
COUNTY OF
Saint Lucie
Befor. me pttaonally appeared Ro land H . Va illant ar.d
Ri ta M. VRillant hil wile. to m. w.1I known and known to me to be
the individual. delClibed in and who axacutad the foragoing Inl"-'. end acknowladgad before ma that lhey axacutad t'" Mme for the purposes
ther.in axpreuad. And the uld .Bita M. Vaillant
""ila of the laid Roland H. V A illant upon a ..pa..te and prlval.
.uminalipnby me t.k.., ..para.. and apart frOl"l her ..id hvsband, acknowledged 10 .nd befor. .... that .... axacutad Hid inslrumant freely and volu","
tarily and' ...,thovt any compullion, const,aint, appr.hanaiol\.. or Jear of or from her wid huaband,
WITNESS my hand and offici.1 ...1 thl. I ,if ~ deV of_~~er A..JL ' :::}. J~ ~/~.)c~ 61
9914!J~ary~ In ~4-;"'~~l.Latve. "~~~.
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Fadat.1 $w;ng. .. loan
ot Fort Pierc.,
fort Pierce. Florida
Aaaodetion
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