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3, To plec-. end ~1nuowIy It-. on the bul~ _ << ....". Iltuete on ..... lend fIftd Ofl ~equlpIMnt JY' ~ -.d by lNa --..
~. with .U pr.mlvmt thereon peld '" full. flre 1nIuf_ '" the UIYeI atMdetd poIJcy forM. In I _ .....-d by .... MOlTGAGH. ..... wllodetoml
~- In the _I .t.....d policy ~ .... . "'"' ~ by tho MOITGAOEI. In III. ........, << ......._ .. the MOITOAGII MIy
ditKtI end .11 flu> end ....lnchtonn "*"'_ poIldo1t _ ..,., ef ..Id ~."., ...,... t_tIII << pitt "..-I. In the """", _ eforweld <<
In .._ thereof. "'-n contein the _I atlftdMd "*'11.... ~ << auch __ .... .. .... Mottpegee ~ ....,IN\ ..... the ... under aNd pc&
dea, .ech end ~Y. ~y.bl. to ..Id MOtTGAGU .. hi InIwwt mey ~, end Mch ... -V auch policy .n.u ... ~ ....... Iftd ~ to
eny held by Mid MORTGAGlE .. fvrfn.r Malrlty to wid -.... debt. end. not .... then ... (10) deyw In ""'- 01 the ...etIon of HCh policy. ~ ..
liver to Mid MOITGAGlE .. r_.1 ~, together with I rwelpt for ,he ~ of Ndl r~1 end ..... ..... be .. flre << _lu.tot.II ~
pieced on eny of Mid bylldlnq.. ....y ",*", therein << pert thereof. ""'- In the foml end wlth .... 10M peylble It .~ fIftd 1ft the .-.. 1ft., _
tlf ...."..y *- pey.bIt under audI policy or poIidfl Mid MOITGAGH ....11 ....,. the Option to ~ ... epply the ...... on _t of the Ind.btecf.
ne.. .ecvred hereby or to permIt .,1eI MOlTGAGORS 10 r-m .net lMI 11 or ",y pIff thereof for other purpcIIft. wlthovt thereby w.lving 01 impe....
Ing ..,., equity. lien or r-ight under or by virtue of thIe ~ .... In the event ..itt MO....GAGOIS """ for My _ f.1I to kMp the Mid ~ 50
"'-ed. or f.1I to deIlwt pronlptly .ny of MIeI poI;det of Ineur_ 10 aNd MOIlTOAGt"I. or r.1I Jl"'>ft'Iptly 10 pey fully ..,., prlrftlvtrt therefor or In lIlY
reapect f,1I to perforftI. dlKherV-. execut.. lfiect. complete. comply with end IbIde by thIe _I. or lIlY pert .....eof. Mid MOITGAGEE INY place end
p'y for .ud\ tnaur_ or My part thereof wl1hout w.Mng or .HKtIftg My option. lien. equity. 01 right under or by virtue of thIe Mortveee. Md the
fvll 'I1\OUI\t of MCh end ...-.ry auch pe}'lM'tl """ be ~ due end peyeble Md thell be..., Inter'" from the dete !hereof vntII peJcI It the rale of
nine PI" CON1tvm pel """,It, .nd togfllher with audI Inter..t aNlI be IICUNd by the n.... of thIe ~
4. To pennIt. commit or avffer no --.. 1mpIl"-t or .........., of MId prop<<ty << My pert thereof,
.5.. To pey .n eM,'lngubr the coeh. chergee .net ellpllWll, ~ , _hie .......y. f.. end _ of .tletrecta of tItIe..lncvrred or pelel ..
eny time by ..Id MOITGAGU. bee",.. 0' In the '""' of the f.lIure on the pert of the Mid MOITOAGOI to duly. promptly end fully perform. ~
uecut.. .fiect. --...,.. comply with end .bide by MCh end .,.., the et\pulftlons, eer-t.. conditIoN. .... _nil of Mid proml.-y note Md ...
m<<tgage ...y or either. .nd uld COlli, cNrgM and .&penMI. .ech end -V. ;.hell be Immedletely due end pey~ whether or root t1Q. be notice de-
mend. ....mpt to collect or wit pend!"lll end the MI amount of each and fNWy audI peyment thell be... /"....t fNnt the dele thereof until peJcI .. the
rele of nine PI" c...tum PI" ennum; &net ell ..id co.... charge. end IXpenMt tncurred or peld, tcgether with audllntereet, aNU be -.d by the Ilen of thIe
mortgage,
6. Thet (.) In the .......1 of .ny breech of thlt Mot1oege O! defevlt on the pert of the MORTGAGOR. or (b) In the """" eny of Mid ~ of money
......In referred to be root promptly end fully peId wlthln thlrty (30) NY' "Ixt .fter the __ _.11y ~ due and pey.Im, without demend or riotk>>,
or Ie) In ,he event IICh .nd every the .tlpvlltlonl" .. """'"'. candil'- end -" of MId promIaeofy note end thIe ~ege My 01 eft'- .,. nat
wly. promptly end fully performed. diachetged. lXecuted. effected. completed. complied with end abided '-Y. theft In eIt..... 0# eny ao.;ch -' the Mid &9-
greget. .um menlioned in uld promiuory not. t..... r.....iltlng vnpeld. with Int_t ecuued. end .11 moneya MCUred hereby. thell "- due .nd plY'
.ble forth.....ilh. or IMreefter. .t ,he option of uld MORTGAGEE, n (,,11y .nd complelely .. If .n of the Mid ",.ne of money _e OIiglnelly .tipullled
10 be p"id Oft .uch dey. ."ylhing in Mid promiaaory note or '" thlt Mortgl9l to ,... contr<<y notwl'hstend:ng, .nd ~evpon 0# !her..fter It tt.e option of
aeld MORTGAGEE. withoul nolie. or dem.nd. .uit .t I.w or In equity. therefore or t.......ft" begun. ....l' be prOMCulld .. If .11 ..-..ys aec:ured hereby
hed m.'urK! prior to ita in.titvlion.
7. The, in ,he event that .t lhe beginning of or .t eny ti"", P'tndlng .ny .uit upon thit Mongoge, or 10 foreclose it. or to reform It. Of to ...forQ
paymenl of .ny c1eim. hereunder, aeid MORTGAGEE .hell 'Wly to the Court h.ving jurl.diaion 'hereof for the .ppointmenl of . Receiver. wch Court Ih.1I
forthwilh appoinl . receiver of .aid morlgaged property .11 .nd .ing'JI~r. Including .11 .nd lingular the Income, profil', iu.... .nd r.v.nue. frOlf. whet.ver
.ouree derived, each .nd every of which. it being exprenly vndrtratood. I. her.by morlgaged II if .pecific.lly ..t forth .nd detcribed in the grenting .nd
habendum c1aule. hereol, .nd .uch Receiver .hall hev. ell lhe br~d and effective function. ..~ powe" In enywi.. enlrvated by . Court to . Receiver, .nd
.ueh appointment .hall be made by .uch Courl II .n edmilled equily .nd . meller of .baGI"'. righl 10 Mid MORTGAGEE. .nd wilhoul reference to the
edequ.cy or inadequecy of Ihe velue of Ih. propelly morlg.ged or to lhe aolvency or Insolvency of Mid MORTGAGOR or the defend,n... .nd that .uch
ren", prof ill, income. i"ue. .nd- reven"". .h.n be .pplied l:y .~h Receiver according 10 the lien 01 equity of Mid MORTGAGEE .nd the praaio:e of .uch
Court.
8. To duly. promplly .nd fully perform, discherge, execut.. .ff.a. complete. comply with .nd .bIde by .Kh .nd every the atlpulllions. egrHmenh,
condition. and coveNn" in ..id promi.sory nole end this mortgage "'t forth,
9. That In tM evenl lhe ownenhip of the mortgaged pr.ml.... 01 any ~rt 'hereof. become. Vleted '" . peraon otMr th.n tNt MORTGAGQI, ,he
MORTGAGEE. it. .uccenon .nd .nign.. mey. wlt'-'t nolie. to the MORTGAOR, de.1 wilh .uch .ucceuor or .uccenor In int.....t with reference 10 thl.
lTIOIlgage .nd the deb I heleby secured in the aeme m.nner .. with MortgagOf' without In .ny wey vitilling OX diKherging the Mongegon' liebility Mr.
under or upon the debt hereby secured, No ...1. of the pt.mi... ......by mortgaged .nd no forbe.rence on the pert of the MORTGAGEE or it. wccenon
or auign. .nd no exten.ion of 1M lime for ltw. p"yment of lhe d.bl hereby aecured given by the MORTGAGH or it. WCCftlOtl. or ....ig.... wll operate
to rele..., discherg.. modify ch.nge 0>' .ffect ,he origi",1 liebility of lhe MORTGAGOR her. in. .ithe, in who&. or In pert.
10, It i. .peeifie.lly egreK! th.t time is of the e.sence of Ihl. contrect .nd thet no w.lver of .ny obligation .....-*r or of the oblig.lion ..
cured hereby Ih.1I at .ny time therufter b:, helO'to be . w.iver of the t_ hereof or of the lnelrumenl aecvred .....by,
IN WITNESS WHEREOf, the aeid MORTGAGOR hIS hereunto ..t hi. hend .nd ...1 lhe d"'~ end. t .for....1d. ~
'Signed, Sa.led .nd ivered in the pt._ of: ./ ~
"",c. / -"".....1)
, oy} ClJ.IV' ... b ~. -{~ o...\A../ (Se.1)
(5ee;)
(Seel)
STATE Of flORIDA
}
ss.
COUNTY OF St. Luc i e
"-f II ~ George E. Bass
... Ole "'!.peraor.. y .ppeer
Nan c y [. as. his wlf., 10 me w.n known ...a known to me to be
the Indivldv.l. deKtibed '" .nd who .xecuted the foregoing inltnnMnt, ... KknowIedged before me thet they eucvted the _ for the p<KpoMI
therein expt."ed. And the Mill Mane y L. Ba I S
INife of the ..id George E. Bal. , upon . aepe:.t. and prw.te
ex.miNlion by me t...... "plret. .nd .pert froM ..... Mid hvtb.nd, ~ to end before me thet "" execut4ld Mid inltr""*lf tr..ly.,M voI~
tarlly .nd witheM .ny compul.lon. cOllltr.lnt. epprehenslon~~ f.... of 01 (Tom ..... Mid hutbMd. . _ ~ ~ ~~~;', ~ J ../., "
WITNESS my hand and offici.I...1 thI. /1 ~ cIey of Oc)!~~ ,A~-,.;;;'~-,A.'~~:~~,~l
~ ~.for~-;~ ",~'.
My COmmIMIOn upIreaa . :: i. --- ~: _
~ ~ ~....lm.......s 0" .: :
Not.., Nlat. Stitt ~~ no ~ .,~ ~ _:.
My Commission Expiret:::.:.J~t:.~..: ,,~,/- '
IMOt4hMMNfiIt' ~.L'J - ,.....,.,
~. .. t ", .
4 i: 111I"U!t I ,'Ilil'. '.\\
end
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IleturnTo.
Feder.1 Sevingl .. LoIn '-<<.!ation
Of Fort Pi.rce,
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99196
FILED ANO RECOROED
nit: . , Reed
IN -y'luCla . __BOOK
1961 OCT 17 PH 2: 56
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