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3. To pl.c. .nd conttn..ou.ly kwp on I~ bul\dlnfoa /lO'Ot ()( "ft..her ~,.,... on ta:d Iet;d ..ld on all ~vlpm.ni .,-.1 VOf"",.lIy covlI.d by .hll morlg'
aga, v:i"!1 all pr.ml.......~ i.....eon fMlc:I in 'ull, fI.e 1nIUc~ In ;~ ve'-* .I.....d pol\q fofff., In a ,urn app<o~.u by IIw MOllTGAGEE, .n,l wi,uhl""n
ina",.oc. In 1M ".v.1 ,Iandt,d policy f()(m, In a W"I ~aptOvH t:~, 1M MOI1GAGU, In .vdI ~p.ny Of compaOlllt as 11>1 MORTGAGEE rr>'y
dittcl; ,rei ,11 ftr. tnci wi"d.tort/! Inlura~ polk'... 0..'1 .r.y of Mid bulldingl, any ImereaS lhe<.in or pi" I~reo/, In the ~rcg'l. Ivm .Iore..ld or
In uc..a l"'r..,I, ....11 c",,'aln I~ "IvaI 'Ia~d ~ cl_ or wo;h 01'- cl_ .. ..... Moflgf'iIM ""'1' requira, m.lLIng lhe 1<.'11 und.r ..,d ""II-
.1.., .t<h a.><I .very, ply.hl. 10 Mid MORTG....GU at '" In,<<.., IN)' appMI, and Mel. ., j .velY .vch f'Olicy ahell be promplly .u,g".d .nd d.livered 10
Iny held hy ..Id M<'RTGAGEE " further ,""rity to Mid mot~ d6~I, end. nel '- thaft Ian (10) '"Yt in ..tv.ne. of 1M upllllion of I.ch policy, 10 d.-
liver 10 ..Id MORTGAGEE. Ilnewll lhareof, lo;tgel"'" with a recalf>> fOl the ~ of auch r.new.l; and IMr. ahtll be no IiI. 01 windll""" !nlvr.nce
pl.ced on an, of ..Id bulldinga, 101' lnl.ra,' the,.ln ()( part Ih.reof, unleu in I~ form .nd with lhe 10.. ply.bl. .. .fo:tHIc:I; .nd In Ih. .v.nl .ny lvm
of money hlcomc. ".)'.bl. under .och policy or polic," Hid MORTGAGEE ,"'il hl.ve the option 10 rKeiv. and .pp!y 1M ...". on t;:co:Jnl 01 Ihe ind.bi.d.
neu lKurtld hal.by or 10 permit Hid MOIlTGAGOI!$ to ,.~elv. .nd UN It ()( .ny pari ther.ol lor other purpolPl, withol" Ih.r.bl wd"i",:j '" ''''PO''-
Ing .nf ~u"y, lI.n Of rlghl u:-oJ<o., or by vlrlut c.f Ihl. mortg~.; and In 1M .v.n: .ald MORTGAGQIlS all." for any r.uon f.1I 10 k..p Ih.. ..id premi..s .0
Inlur~, Of !.1I 10 deliver premplly .fly of ..id polk~ 01 In.",,.;,c. 10 ..id MORTGAGEE, or fill promplly 10 p.y fully .nf pllmivm Iher.lor or in any
ICSpecl fIiI 10 perform, ui!lella,,,., u<<ula, .H.d, compl.I., comply with Ind .bide by Ihi. cov.n.nl, or .ny perl her.;>I, uid MORTGAGEE may placo .,11
p.)' lor luch IntuI.nc. Of .ny plrl lhe<eof wilholll w.lvlng or tfhctl"ll any optlon, IHen, e.::juil)', or rlphl Und., or by virlv. 01 Ihil Morlgag., ."d Ihe
full .movnl of tlch .n.:! .wry ''JCh pay~n' .h.lI hi immediately dve and ~\,.bl. .nd aMiI bell 11,I.r..' ftom 1M dale IMllol un Iii p.id II Ihe rol. ot
nino ~, ;:enlum plr .nnum Ind logethll wilh Iu.:h Inte!~" ah.iI be ae<:ured by'''' lI.n of thIs mortg~..
of. To ptrl.,it, U>mmll 01 .uff., no Will., Impllrmenl 01 delwiorwllon,of wid prope.ty Of any plrI therlOl.
5. T:> pay .11 .nd .Ingulll 1M COSII, ch.,,,.. .nd aXpln",: Including. r.a.enabl. ,"ornty'a fee and co.l. 01 .bllllCll of lille, InCl.rred or p.id II
.ny lime by ..Id MORTGAGEE, bee.ull Of In Ih. avanl of 1M f..lur. on lhe pilI of the ..Id MORTGAGOR I" duly, promptly .nd Ivlly perform, dilch.rge,
uKule, .ffed, compltla, comply wilh and .bide by nch .00 .very lha llIpul.llonl, egr.ltITlenl., condillonl, .nd cov.n.nll 01 uid promiuolY ""Ie .nd Ihi,
morI9.g. any or eltMr, .nd ..id COlli, c"'rg.1 .nd .XperIMl, .tch and ev.ry, .hall be Immedl.tely due and payabl.; WMlher 01 nol Ih.r. be notice de-
m.oo, .ltempl 10 COIlKI Of" .uil pending; .nd Ihto Nil amovnl of ..ch and wv.ry .och pc~nl ....11 beal inlerell from Ihe date thereof unlil paid a' the
ral. of nine per cenlum per ann-...m; .nd .11 ..id colla, chllg.. .nd e"pln... incurred Of ~id, log.lhet wilh auch inler.sl, .h.1i hi ..cvred by Ihe li.n 01 Ihil
mortgag.,
6, Th.1 (I) In Ih. .venl of eny bruch of Ihl. Mortgl'jj. or dol.ull on the pall of 1M MOIlTGAGOIl, Of (h) in Ihc .venl .ny 01 II id I"ml c-f IT'Oney
herein r.lerr~ 10 be nol promplly .nd fvlly p.id within Ihilly (30) u.ya nexl .her Ihe 14m. .avertlly be<om~ due .nd pavable, wilhovl demand or nOlice,
0' (c) In Ih. .venl elCh .nd evary 1M .Iipvl.lionl, Igt..menll, condilior,. end cov.n.nt. 01 uid promiuory nole end Ihi. mo,lilall' .ny or eilhel 10. not
~uly, prom;>lly .nd fully pe,form~, d'lChllll.d, ex~-Vled, .Hected, compl.led, c?mplied wilh .,>d, ebided ~y, lhen in either 0' eny luch evenl the u,d .g.
ilreg"e lurn menlloned in ..id promiuo,y nol. Ihen ram.ln1ng unplid, wi,h inl.r.ll acclu~, .nd .11 moneJ'l 'Kvred hereby, lh.1I become due and p.y.
.ble 10'lhwith, or there.frer, II IM,oplion 01 uid MORTGAGEE, e. fully and cempI3!.:y .. II .11 of 1M ..id Iv"" 01 money were originelly llipvl.ted
10 be paid on luch d.y, .nylhing In u,d promiuO!)' not. or In Ihl. Morlg.g. 101M c""lftry nOlwithlltr.ding; end Ihe'~upon or Iherealter II Ihe oplio" .:>1
..id MORTGAGEE, wilhoul no";:e or dem.nd, .uil ., I.w or In equity, IMr.fore Of ther..frll begvn, m.y be ploleculed u il .11 moneyl lecur~ hereby
had mllvn.-d prlOf' 10 ill in.tilvtion,
7, TIt.1 in Ihe evenl Ihel .1 Ihe beginning 01 or .1 .ny lim. pending .ny .ull upon Ihi. MOIlgIge, or 10 fOleclo.. II, or 10 refolm iI, or 10 enforce
p.ymenl 01 .ny c1alml h...under, ..id MORTGAGEE sh.1I .pply 10 Ihe Ccurl h.vi...g jUI;ldic:ion Ihereol f"r Ihe Ippoinlm.nl 01 . Receivel, lvch Court 11>.11
lorlhwilh eppc;nt a re:eiver 01 uld morlg'lled prOplrly all and lingul." IncludIng .11 .nd .ingvlar Ihe incom., jJrolltl, in".. .nd revenve' Irom wh.t.,er
lource deri'.ed, each .nd every 01 .....hich, it being expreuly unclenlood, is hereby mortgaged II il lpecilicelly lei 10rlh .nd delCribed in Ihe grlnling .nt:
h.be"dum c1au... hereol, 6nd luch Receive' lh.1I h.ve .11 Ihe broad and ellective funclionl .nd powe" In .nywi:e entfl,ued by e Covrl '0 e Recei'er, .nd
l"ch eppoinlment lh.1I be made by luch Covll u en edmill~ equily .nd . mlII.r c.f IblOlule righl 10 ..id MORTGAGEE, .nd wilhovl r.lelence to Ihe
adeq".cy or in.dequacy 01 Ih. v.!ve of Ihe pro;>er!)' morlg.g,d 01 101M lolv.ncy or insolvency 01 u:d MORTGAGOR 01 Ihe d.fend.nll, .nd Ihal luch
renl., p:olin, income, iltu~a ."d revenU'l ah.1I be .pplied by luch Ilecelver ICcolding 10 Ill. lien or equity "f u;d MORTGAGEE end Ih. pr.ctice 01 svch
COl.rl.
8, To dvly, plomplly .nd lully perform, dilcholge, .nevl., ellw, compl.,e, comply with end .bid. b)' each .nd every Ihe llipulotions, egreemenll,
condilionl end coven.ntl in ..id promiuory nole .nd Ih;s morlg.g. leI forlh.
9. Th.1 In Ihe evenl Ihe own.rship cf Ihe morlgcged premilel, or .ny p'" th.reof. becomel v..I~ In . penon othel Ih.n Ih. MORTGAGOR, th.
MORTGAGEE, in lvecellcrl end .uign., m.y, withoul nOli" 10 Ihe MOiHGAOR, d..1 with lvch .vec'lOol or .uecenor in Inlelell wilh refere~ce to Ihil
morlgogo .nd Ihe debt hereby secur~ in Ihe ..me m.nner u wilh Morlglgor withoul in er,y w.y vilioling or dilcherging Ihe Morlgagorl' li.bility here--
under or upon Ih. d.bl hereby ..cured. No lale 01 Ih. premiles hereby mo<lg.ged end no lorbe.llnce on Ihe porI of Ih. MORTGAGEE or ils 'uCC'''Oll
or euigns and nO exren.ion 01 Ihe lime lor 1M p.ymenl 01 Ihe debl h.r.by l.rvred \liven by Ihe MORTGAGEE or ill lucceuorl 01 elO'llnl, lh.1I oper.te
10 r.le..., d'lche:ge, moclily change or .lIecl II.. origin.1 li.bilily of Ih" MORTGAGOR hol.in, .iIMI in whol. or In part,
10, It il Ipecifically agre~ the I lime II 01 Ihe ellence of Ih;I conll.cl .nd Ih.1 no woivel of eny obligation h"evnde, or 01 Ih~ oblig.tion se--
cured hereby In.li .1 .n)' lime :herult.r be held 10 hi e waiver 01 Ih. Itrml h..eol 01 01 1M inllrumenl lecvred h.rby,
11. In c;:dd~tion 10 the forego:ng rT10nthly p.ymenh of princ:p,,1 and interest required by the promissory nele s~cvred her~b~', mortgagor co....en"nts
ard a~rce' to pay to mvrtgagee with each monthly payment an .djit.on4l1 turn estimated by mortgagee to be equd to '/12 of tha annual cost of the folio.......-
iog:
A-All rul property '..es le,ied or .ueued .geinll Ihe .hove degdbed rOIl .Uale,
B~Pr~m;ums 0.1 fire and windstorm inlurance al herein re-quired to be ca,ried on th~ improvements .;tu~te on the ab-ov& described premises.
C-Premic'ml on luch mortg'ge guarenty inlvrtl'lc, U merlgagee .h.1I from lime 10 lime deem fil 10 carryon Ihe I".n locvred hereby.
Morlg.g.e lh.11 Irom lime 10 lime nOlily morlg~oor in wriling of 1M emovnl dve .nd p.y.ble her.undel .nd luch Ivm .hali .herevpon b. dve .nd
p..;able on the due d.te of Ihe nUl monlhly p.ymenl end e.ch .ucce..ive monlh 1M lea Iter vnlil rr.orlg.gee shall notily morlg.gor of . chMge in .uch
c!1I10unt. Su-:h sums ahall be .ppli-~ by mortgagee toward the payment of real pro~ny taxes, insurance premiums. and mortgage gU3ranty insvrance
premiums.
IN \'IITNE55 WHEREOf, Ih. uid MORTGAGOR hu
mYkd~;:_~ .f
hereunto ..I h;l h.nd .nd lOll Ihe d.y an<! )'ear lirll .foretoid.
~~~~~~i~ (5e.I)
.L.-P (V.;'.<:'-41... N. VRir~1,.J_-&l~_(Seel)
(Seel)
(.>.el)
5TATE OF flORIDA
COUNTY OF
St. Lucie
SS-
Belor.. me ~fl"n.ily .ppalr.d Lut.hAT'
FT'An~A~ 0, PAt.AY'~nn
the individ'Jlll delCllbed in .nd who .XKuled lhe fooegolng inllrumenl,
Y:,
and
PAtAY':;l(nn
end
hil wil., 10 me well known .nd known to me 10 be
ecknowledged blfor. me ,h., lhey Gxeculed Ihe ..me lor Ihe pvrpo.el
FY'RnCA8~ PAtAr~nn
Ih.rein ."preued. And 1M "It!
wife of lhe ..id I.Ut.hAT'?of PAtAT'SOn
ex.",in.tion by me I. ken ",plr.le .nd .perl from her uid hUlb."d, ecknowl~ged :0 .rod ~I,,'e me
lori!y .nd wilhou: .ny compvllion. contll.lnl, epPI~'8nlion, or fur of or ftOln her ..id hUlb.nd.
WITNESS my h.nd end offici.1 ...1 Ihi- .... th d.y of
------I upon a .apar.te and private
Ih.1 lhe executed uid inllrvm.nt Ire~ly .nd voluo-
A. D. 19--6.3-
~~RT'7;n ~~
I Nc"'ry Public In end for Ii.. 5ute of Florid. .1 Luge
My Ccmmiuicn 6xpirel:
kelurn To:
Savlngl ~ Lo.n
vi Fort ;'ierce.
Fori Pierce, ~Iorid.
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Finl F.:Jerol
AslOCiation
Notary Public, State 01 Fior:l1a 11'\ L!l:p,e
My Commiss:on Exp,res r.1drCh J J, 19.1i6
Bonrlert bv Amer ,:an Sure:,. =v .: L Y.
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113273
fiLED AND RECORDED
INomdd~_300K
. 1963 FEB 18 PH 4: 14
ROGER POITRAS, CLERK
81. LUCIE COUNTY, t..ORIOA
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