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3. To pl.". .nd contl"'i_ly kMj) 1)1'\ 1"-, bullc!l.~ rtt1/1f or !w,nft,! 111W~ C'n aald I."" and 011 ' , eq'Jlpm.ni .I'l<l pe<aonally cov.red by Ihll mo,lg-
aga, wilh .Ii premiuml 11>.'e<>n p41:d In full, Ilt~ ll\wr.n<<,1 'M u_1 t1lncNrd ClQlicy fomt, In a lum ~om b)' II>. MO~TGA('EE, .nQ windllorm
Inluronca In I~' :.I\uol ,t.nd.,.! policy fOfm. In I '01'" aPt>fOm by .... MOITG.*.GU, In ""It ton'pIll)' 01 companl.. M lhe MOllTGAGH m.y
di,~c!; .nd .'1 flra .nd wir,C:slorm In'Ullnc-t polkle4 ('n any of "Id bu!leIint", any Int~..1 I~r.ln Of Pf'rl I.....eof, In ,tt. ag~reg.l. lum .Iore..id or
i., ax,et. 11>0<<'01, Ilwl! <<>nlal" tl>. u.u.1 .tandard I'I\O<~ c1'UM or l"ch othet dtuee eo 1M MO<I\Il!9" may r~ul'e. m.klng II>. Ion und., ..,d poli.
ci~l. each end .v.ry, p.y.b'~ 10 &aId M(lRiGAGEf II Ita interesl I'MY ap!'.u, It'd Nch .nd ..vert .ud! p.,!lcy .MII D. promplly .u,gMd InJ d.liv~r~d 10
Iny Mid by uid MOIHGAGi'E .1 fu,IhoH lIC'.!r1ly 10 ulel mortgage debl, and, nol Iou INn Ifl\ (101 eMV' In ..cfv.nc:e of II>. ~xplr.1ion of ..ch poll,y. I" d..
liv~, 10 uid MORTGAGEE.. r.....w.1 Ihareof, toget"', with a ,ecelpl for the pr-omlvm of .,,,h r~w.11 ,r.d Il>.ro .h.1I be no fira C'~ 'Ni.,d'lorm inlura"c.
placed on .ny of uid buildingl, .ny Intara.I, IMraln or part thereof, un.... In lhe ~orrn .nd ..lth the lOll p"y.bic a. .for.ntdl 'M 'n lhe av.nl Iny lum
.,1 monay become. payabl. und., .~<h policy 01 polie~1 lalel MORTG.4.GEE ,h.1I !\.tve 11\6 option to 'K~lvc .nd '1"P1y the I~me on accovnl of II><- ineobted,
n... .e<u'ed I>.;~by or 10 ~'mll .ald MORTGAGORS to t.celve .old UN It Of any part ther.of for olh..; purpose., wilhou: th.r~bl ......i,i"9 or ""1-'""
Ing .ny equity, li.n or rlghl under 0( by "Irlu. of Ihlt mGrlgagc; aN:f In the .v.nt said MORTGAGORS .h.1I for any r"..on loll 10 hep Ihe lIid premi,., 10
'nlur~d, or foil 10 deli'..r pr.:>mplly any ",I ..id poli~le. of !n.u,."", 10 uid MORTGAG~E, Ot f.1I promplly 10 p.', fully .ny !"emiurn Ih.r~lor or in .ny
'~.~cl fail 10 p-'rfOlm, dlscharg., .x<<ule, .lfed, eompl.hr, comply wll!', and .b!d. by Ihi. coven.nl, or any ...'1 ....er.of...id .....ORTGAGEE m.y pi.ce .',cl
pey lor luch In..."anca 0' any port Ih".of wilhout w....lng Of .ffKllng any option, lien, eqully, or rlghl under Of by ...I,I~ of Ihl, MOll gaga. and Ih,
full amounl of "".'" 'I'd every Il'eh p.)'m.nt .h.1I be immedial.ly due .nd pey.bla .nd Ih.h bear In:e"'I from the d.l. lhe,eol unlil paid ., Iha r.", 01
roina per cenh.:m pe' annum and logalher wilh luch inl....1 ah.1I ba ..euled by I.... lien of Ihia mo.lg.ge.
.c. To ~'mil, commll or a'JHer "0 w..t., Imp~I'menl Of d.lerioration of ..Id properly or .ny pcn I~'aof.
5. To pay .11 .nd lingul.r tho <?Ots, ch"g.. .r.<l .xpcnae., Including , r..!~bl. .ttorney'. fee end co." 01 .b.lract. of t1lle. Incu"..d or I'.id al
eny lime by I.id MORTGAGEE, t..cau.. 0( In II>. ev.nl of the I.ilure on Ih. p41,1 01 I~ ..Id MORTGAGOR 10 duly, p,omplly an,i fu!ly ~rform. dilcharge,
~x"'ul~, ef!ecI, complele, ,omply wi'h .nd abid. by .Ieh and every II>. lIlpuI'lion., ag,ee"",n", condition, .nd eo".n.n" of lIid promiuo'y nole and Ihil
morlg'ge .ny or ~ilh~r, and ..id cot", ,harllel .nd expcnte., .uh .nd .ve,y, Ih.1I be immedl.,.ly due .nd p.yeble; w"~,her or nol Ihere be notic. d~
m.nd. all~mi" 10 coll<<1 or luil ~nding; and Ihe fuli amounl of auh .nd cv~ry aveh payment .h~1I belr Inle'8I1 from Ih. dll~ Iher~ol unlil paid al Ih~
rdle of nine ~r cenlum p~' .nnum; Ind .11 uid COilS, chl'ge. and ex~m.. Incvrred or ~id, tog"llt..r wilh I",h lnler..I, .hall be .ecu"d by Ihe lie., o! Ih,1
mortgage. .
6. T!>.I (.) in Ihe event 01 eny breach 01 Ihi. Morlgog, "r delault on lhe part of Ihe r..ORTGAGOR, or (h) In Ih.. evenl eny 01 ..id lum. 01 mon.y
I,er~in ,~krred 10 be nol p'omplly and fully paid wilhin Ihi'Iy (30) dlY' neol altor Ihe ume ..verally become dua and payable, wllhoul demand 0' r,olic.,
or (c) in Ihe ~v.nl ~ach Ind e',erv 1M .Iip"ta'ion., Iilreemenla, co",eiilionl .nd eo...ananl. 01 ..id promiuolY nole end Ihil mo'lgag~ Iny 0' ..ilher are nol
:luly. prompliy and lully perforn'.ed, d,a.c"arged. ...~ultd, .ffee,,,d, compl'Ied, <<>nll'lied wilh 'M "bld~d '>y, IMn In ~ilher Of any lur.h ev.nl Ihe I.id '",
greg.l~ .um menlioned i;'l uid promiuory noli It,en r.maining unpaid, wilh Inlltr.'I tcClued, .nd all mon~. ""u,o><! hereby, .hlll become due and pay.
able fOrlhwilh. or Ih~r~ahe'. .1 Ihe oplion 01 ..id MOIlTGAGfE, .1 lully .,lCJ complelely 6l If .il of Ihe ..id .uml 01 mon..y were originllly lIipulaled
10 be p.id on luch day. anylhing In ..id promiuory note or In thil Morlgage 10 the conl'.ry nOlwllhlland'h9; and Ihereupon or Ih~reeft~, al Ih.. oplion 01
laid MORTGAGEE, wilhoul nolic.. 0' de",and, auil al law or in equily, Ihe,.lore or Ih"".h.r begun, may be prol6cul~d al If .11 money' .e'tured hereby
had matured prier to ita inl.itvtion.
], Thol in Ih~ ~venl Ihol al Ihe begin;'ling of or .1 any lime ~nd,.-.g Iny luit upor. thil Mo'tgage. & 10 foreclo.~ ii, 0' 10 relo,m iI, or 10 ~nlorce
po","'~nl 01 any <I.iml hereunde" ..id MORTGAGEE Iholl apply 10 Ihe COurl having iuri.diclion lhereof fo, Ihe appoinlmenl 01 a R~ceive'. luch Courl .h.11
~.:.. :hwith '!:PPOi,it " re<eiver of laid mortgaged property all and lingular. lncloo.ng all end li..gu!ar the income, profitt, jnve, a ld. re....~nuel fro~ wh3te....er
Icurce deriv~d, coch and ev~ry nl which. il being exprellly und",,'')()d. il M,eby morlgaged .. il 'p~ciliCllly leI lorlh end delcribed in Iho gr.nting .nd
habendum c1'U'~1 ""'eol. .nd Il'ch R~ceiv~, Ih.1I h.ve .11 Ih~ b,oad Ind affeclive lunclion. and pow~ra in Iny",il~ ~r,I'ull..d by a Courl 10 a Receiver. a',d
such 'ppoin:m.nl Ih.11 be ,,' :rle by luch Cour' .. an .dmill~d equil, .nd . mailer 01 ablolule righl 10 ..id MOllTGAGEE, and withoul r~ler~nce lo ,h.
adeq'Jd<Y or in.d.quacy of Ihe v.lue 0; Ih~ pr~rty morl,,,ogeei 0' I., the lolvency ,>r in.olve/li:Y of aald MORTGAGOR or Ihe defendanll, .nd ,h.1 luch
renll. profil'. income. inuea and r~ven';~1 she'l be appli~d by .uch R..:elver according 10 Ihe Ii~n or ~,.uily oi I.id MORTGAGEE and Ih~ p'.c:ic~ 01 lur.h
Courl,
8, To d~ly. promplly and full)' perform. c1ilcharg.. ~xecul.., effect, ,0mpl.I.. comply wilh .nd abide by ~ech and every lhe Ilipul"ions, agreements.
condittonl land cO'w'en!tnU in said promissory note ~nd this mortptlge ,.. forth.
9, ThaI In lho evenl Ih~ ownership of Ihe mortgag~d p'E'milel, or .ny parI Ihe-eol. be:omel v",t~d in a p~raon olher Ih.n the MORTGAGOR, Ihe
MORTGAGEE. ;a luccessor' ~nd auigns, mtty, without notice 10 1h~ N,QR:TGAOR:, deal with such tuC(ellor or luCCeUor in interest witr. rafe-rence to this
rrort9~ge and fhe deb I hereby lecur1;td in the la"1e mannpr al with N.?rtgagor wi1~ut in sny way ",itiating cr dilcha.ging th~ Mortgagors' liability her~
under or upon Ihe de!;1 hereby lecured. No s.le 01 the p'~mil.a h~,~by morlg'\jed .nd no "'rbelrln,~ on Ih. pa" of Ihe MORTG,A,GEE or il. .uce."Orl
or anigns and no extension of the time for the payment of the rlabt hereby lecured given b)' !h., MOR:TGAG~E or its 'v(ceuon or ~u:~ns, sh"lI operate
10 rel~al'. d"charg~, modily ch.ng~ 0' alfecl the origin.1 liabilily of Ihe MORTGAGOR h~rein, oilhe, in whole 0' in pI/I.
10, It i, spec,fically "9r~ed Ihal lime II of the e..ence of It '. ,0nl,acl and Inll no waive' of an'l obligalion her~uncl~, or 01 ~he obligalion le-
cured h.reb, Ih.1I .1 .r.y lim~ Ih~reafrer b. held to be ~ waive, of Ihe t..,m. he,eol lY. 01 Ih~ in.I,umenl lee'Jf.d h~rby,
11. In Jddltion to the foreg'Jing monthly pay-menn u~ prin('plll and interest lequired by ~~.e promis.;ory no'o secured hereby, mortg~gor co....en~"ts
and ~grec\ to t)ay to mortgagee with each mon1hly payment an add:tionel sum eSfimated ;'y mortgagee to be equal to 1/12 of the anr~ual cost of the folic 'J_
mg;
A All r('~,l property t.-xes levied or ,assessed against tne above described re.1 esUte.
8 PrL':n;'1~ns 0:1 fire clnd windstorm insurance as herein required to be carried en the :mproveme-n" s;'!...oate on the above describc-d J.:.remise\.
C Prt!l1l1un\s on ~uch mortgage guaranty inlurance al mortgagee .hall frem time to time df'em fit t") carryon the loan seCl.:red hereby.
,af',or!gug..:-e s~Hl1 from time to time notify mortgagor in writing of t~ amount due and pt'yable hereunder and fuch sum ihall thereupon b.~ due and
!-'.ll<lb1c Gn the due dJte of the ne;,:t :-t1on!hly payment and each succeuive month thereafter until mortgage'! :.h...1I notify :nortbagor of a change j"j s'Jch
a:nount. Such surns sha!1 be applied by mortg!gee toward the payment of real property taxel, insurance premiums, and mortgage guaranty insur~nce
prerl'lurns
IN WITNESS WHEREOF, Ihe Slid MORTGAG(;;! h,. h~r~unlo ..t hil hand and le.1 !he
, . Signe~s.:.I.~d a~:d ,de,livered in Ihe P'9tenca ",I:
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_uLL~~~_.J--4~t':~, U1 ~ \ -
d'~'1;27:0~~Jie
(5eal)
(5eal)
(5-0 a I)
_(Seai)
STATE OF flORIDA
/'
COUNTY OF ~I/, ,{-,,-<..~L.
~ 55.
I
Earl L. Stokes
S.t Q.k~s
and
Belore me p..:aonally ap~ered
-1:liLmie Joyce hil wil~. 10 m.. w~1I known and known 10 m~ 10 be
the indi~idua'l d~scribcd In .nd who exe<uled Ih. foregoing ir.s"umenl, ond .ck/li:wledged Ixfore m. Ihal Ihey .xeculed Iha ..me ior Ihe purposes
Ih.rein up....ed, And Ihe I.id__~ie J oyce Stoltes
Eftrl L. S to ke S upon a '~per.le .nd p,ivate
exam:n.lion by me t.k~n lep.r.l~ and aperl I,om her ..id hu.bond. .ekno.....l~dg.d 10 and before me Ihll Ihe .x~cured I.io;l inalrum~nl Ire~ly and volun-
tarily ~nd without any ccmp-..rlsicn, constraint, apprehenlion, ~r fe!r of or from her laid
WiTNESS my ~and Ind olficial 1..1 Ihil....---L'"2 ~ el.y of
wife 01 Ihe s.id
A.D.19~
'L--'(. )
Flor1d. .1. L"II<
expire.:
R~lurn To,
Fi,,' F~de(ll Sa~ing. & Lo.n
O~ Cort Pierce.
F.::.rt Piere,:, F!orida
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AS\l.Xi ~tion
1132~~ Notary Pt:~: c, ~',~'(' of F'orua :If Li'r~C
.<" ~ My Commsson Exo:res r-,Iych II. 1966
Bon:Jed by I>mer,c.1f1, SU,~c,t~, ,Co. of N. Y.
f!~[O .^NO HECOROEC ".
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