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3. To placa and contlnuously ktep on II,. bulldinga now Ot her"..ft.r .Itualo on uld land and on all equlpm""t and pa;.onllly cover.d by I!,i. mor:g.
'>ge, wilh all prem;uns Ih.r. ()/\ p.id in full, fire I",uran,o In lhe ulual ola",itrd p.~Ii(t form. In a ....m approved Oby 'he "'~OR rr.A':;EE. .nd wi.,d.lorm
In.utinee Ir. ihe u.ual Ilandard poli<y fOtm, In a lum a~roved by Ih. MORTGAGEE. ,In IIKh company or companies u In. MORTGAGEE may
dirK!; and all fir. and windslorm I",uranea policl.. on cny of laid bulldinQI. any Inler..' !herdn or ~rl Ih.reol, In In. aggreglle .vm alor.uid or
In exce.. Ihereof, .hlll co"'aln the u.ual ..andard morlgagee tlau,. Of .udl ol~,)r c1IU'O u the MorlAagoo may r.:jelra. makil'Q lho Ion und.r u,d polio
cie.. each an.;:! ever;' poyabl.. 10 .aid MORTGAGEE a. ita In'or..' may op~er, and "a,:~ and av.ry .ueh policy .hall ~ promplly I..g~d a"d deliv.r.d 10
any h.ld by ..id MORTGAGEE Sf fv,th.r HCUdly to wid morlg09. dabl, and, not I... Ihan ten (10) da). In advan.:. 01 Ihe axpiralion 01 ueh policy, 10 d.,
liv.r 10 uid MORTGAGEE a rc".w.1 In.reof, loo.,hltc wilh . recelpl fO{ In. pramium of .IKh ren.w.l; .nd lhe,. .h.'1 ~ no lir. or wiod"orm in.vrance
pl.c.d on any of .aid bulldil'Q" anv Inloro.' lheroin 0< ~rt Ihcraol, uni... In the form and with tho Iou p.yable u .tor.uid; Ind in Ih. av.nl any ."m
of n.on.y be<;om.. payabl. under aveh policy 0< polie,.. uld A'.ORTGAGEE '~III ....'1. the option 10 receive Ind Ipply !h. um. on accovnl 01 Ihe indebled.
nen .ecur.d her.by or 10 permit laid MORTGAGORS to r.celvo and u.. II or any pa" Ihereof lor o,har pvrpo.... wilhout Ih.'eb, w,i,i"J 0' "",..,,-,
In9 Iny equily, lian or righl und.r or by virtu. of thil motlgogel and in Ih. ev.nt leid MOIlTGAGORS .h.1I for any r...on hil 10 ke.p Ih. .aid "".mi,e. .0
I",ur.d, or hll 10 dolivor promp;ly lny 01 uid polieie. 01 In.uronco 10 laid MblHGAGEE, or hil promplly 10 pay fully In( premium therefor or in ,"y
ro,pe.:! lail 10 !>"rform, di.chargo, execule, effocl, com pl. I., comply wilh and abide by this cov.nant, or any porI hor.ol, .a,d MORTGAG~E may p!ace a-d
pay lor .uch ir..ur.nee or any parI Iheraof without w.,...ing or effecrlrlQ eny oplion, lion, .quay. or righl under or by virlJO of li,l. Morlgag., end th.
f..II amounl of ..ch end avery .uch paim.nl .hall ~ immedial.ly duo end ~y.bl. .nd .~,a:i b..1I inl.r.." from I'" d.,. Iher..ol vntil paid .1 Iho rat. of
nino per c.ntum per annum and 1"9.th..r wilh .uch inlere.1 .".11 0.. ..cured by Ihe lien 01 Ihi. mOflglg~.
4. To permit. commit 0( .uffer no Wille, im~irmenl 0( d..t.rioration of laid pro~rty ~ .ny pert Ihoreof.
~. To p.y all and .Ingular I'" cOlts, cherg.. and .xpen.e., including a r...onlbh anorn.y'. feo and co." of .b.lr.::" 01 tit!e, incurod or paid 01
any lime by ui" MORTGAGEE. be<;e".. or In Ih. "vent of the failura on Ih. plrl of...lh. .aid MOIHGAGOR to duly, promplly and fully perlorm, di"h"ge.
.xecul... ..ffecl, cempleto. comply wilh and abido by each and overy the '1Ipulation.. "gr.omen:., condilion.. and cov..nan" 01 uid p'OO11i"ory nol. and Ih,.
mOrlgeoo any or "ilh.r. and lIid Co.lI, .hllgo. and ax~n..., oach and every. .hail be imm.dialely duo and payable; wh"lh.r or not Ihere b. no.ice de.
mand, allempt 10 collecl or auil pending; .nd the f,,1I amounl of .Ieh and .very .uch payment .hall bo.r int.r..t from tha date the eot until I'ald .1 Ihe
rMe of nine per centum per .nnum; and all said COllI. charges and '!xpenJ.e1 incu".d Of paid, togolh.r with such interest. ihall be secured by the lien of tnis
mortg.ge.
6. Th.t (a) in th. evonl of a.,y b;uch of Ihi. Morlgoge or deh...1r on the parI of Ihe MORiGAGOR. or (b) in Ih. ovenl any 01 uid .um. of mon.y
h.rein r.f.rred 10 bo nol promptly and ful!y paid \Hilhin Ihirlt 13Cr) day. nul .ftor tho umo ..vor.lly b..com. duo and p.y.blo, withcoul d.mand or nerice,
or (c) in the e....cnt each and every the stipulation., agreement., conditionl and covenaota of la:d promiuory note and thil mortgage any or either af'! not
~uly, promptly and fully performed. di"hllged. oxeculed. eff.ct.d, complo,.d, compli..d with .nd abided '>y, Ih..n in .i,h..r or any \Uch ev.nl Ih. ..,d ag.
gregat.. .um m.nlioned in laid prominory nolo Iho., r~mlinlng unpaid, wilh int.ra,' accrv..d, and ell mon..y. ..cuctd h.reby. .hail become duo anj pay.
.bl~ lorlh",i,h. or theroalt..r. al tho oplion 01 uid MORTGAGEE, .. lully .nd compl.I.ly II if all 01 Ihe uid .um. of monoy were or,gi"ally "ipulated
10 b.. poid on .uch day, anylhing in uid promi..::>ry nol. or In Ihi. Mortg.ge to Ih. eontr.ry nOlwith.llnding; and Ihereupon or Ihe,.aft.r 01 Ihe op.ion 01
.aid MORTGAGEE. withoul notice or demand, ."iI al low or in equilY. Ih..refor. or Ih..rClller b..gun. may b.. pro.ecul.d- a. if III money. .ecured hereby
had matured prior to it. Institution.
7. Th,1 in Iho evenl Ih.1 01 Iho beginning 01 ::>r al any lim. pending any !uil upon Ihi. Morlgag., or 10 foreclo.. it, or to relorm iI, or to enforce
paymenl 01 .ny claim. h..reund.,. u,d MORTGAGEE .hall .pply 10 Ihe Court h~ving ju i.diClOon Ihereof for Iho .ppoinlm.nt of a Receiver, .uch Court .hall
forthwith l'ppoint . receiver of srid mortgaged property all ,nd .ingullr, includlny .11 and 'ingular the income, profit., issue. and revenues from whatever
.ourc.. derived. each and every of which, il beio~ expre..1y und.r"ood, i. hor..by mortgaged .. if ,pecifically .et 10rlh and described in Ihe granling .nd
h~bendum claulcs hereof, and such Rec~jver ,hall h....e .11 the broad and eff<<tive functions and powetl in anywise entrusted by a Court to ,! Receiver. and
.uch a;>poinlm.n' .h.1I b.. m.d" by .uch Courl .. an admi"e" .quity ar,d a molt.r 01 ab.olut. righl 10 .eid MORTGAGEE, end without reference 10 the
adequacy or inadequacy 01 th. value of Ih~ properly mortg.ged or to Ihe .olvenC'( or insolven~y 01 uid ...'ORIGAGOR or Ih. d~fend.n", and .hat .uch
r.nl., profit., income. inuo. end rev.nue. .h.1I be applied by .ueh R.ceiver accordinQ to Ih. lien or equily 01 ..id .....ORTGAGEE and Ihe praclice of .uch
Court.
8. To duly, promplly and fully p..rlcorm. discharg.., .xocule, offecl. Compl.I., comply with and abide by ead', and ev..ry tho .tipulation., agr.emenl..
conditions and covenant. in laid promissory note and this mortgage let forth.
9. T;101 in the even I the owne"hip of Iho morlgaged pre mi.... or any parI I~reol, o..come. ve.ted in a p."on olh..r than Ih.. MORTGAGOR, the
MORTGAGEE, its ,vc{cnor, end .nign... may, withovt notice 10 the MORTGAOR, deal With such ,vccenor or ,\,;cceuor in interest with rcference to this
r.lortg05ge and the deb, hereby Ie-cured in the lame manner ., with Mortgagor without in any way viti.ting or discharging the Mortgagors' liability here-
under or upon Ihe debl hereby .ecured. No ..Ie of the pr.mi.e. h.reb,. mortgaged .nd no forbe.rance on Ihe part of the MORTGAGEE or il. .ueceno"
or .ssign. and no .xlension 01 Ih. time for I~ paymenl 01 Ihe d.bl h.r..by ..cured giv.n by th. MORTGAGEE or it. .vcc...or. or ...iglll, .hall oper.'e
10 r.iea.e, discharg.., modily chango or allecl Iho origin.1 liabilily 01 Iho MORTGAGOR h.r.in. either in whole or in parI.
10. II i. .p.cifically agreed Ihal Iim. i. of the enenco of thi. contr.CI .m; lhat no w.iv., of any obligation h.reunder or 01 Ihe obligation .e.
cured hereby .ha!1 a' any lim. Iherealter be h.ld 10 bo a w.iver 01 tha "Hm. h.reol or 01 tho in'lrum.nl .ecur.d h..by.
11. In addItion to the forego:ng monthly p.ymerots of prine.pal and interest reqtlired by the prom:nory flore secured hcrebp'. mortgagor covenants.
and agrecs to PdY to mortgagee with each monthly payment an !Iddlfional IUr.'l estimated b, morlg~gee to be equal 10 1 i 12 of the an~\Ual (Ou of the follo....-
Ing:
A-All real properly lu.. levied or a..ened .\lalnll Ihe .bovo d.scribed real e,t.I..
B-Prcmiums on fire and windstorm insur.nce as herein required to be carried on Ihe improverr.enls situate on th~ 05bove described premises.
C -Pref'l)iurns on such mortgage guaranty insurance II mort~1gee shall from time to time deem fit to carryon the loan lecured hercb"f.
Mortgagee sn:)11 from time tu t:m~ notify mortgagor in writin9 of the amount due and pay.ble hereunder and ~uch sum sha:1 thereupon be due and
paY.Jb!e on the due date of the next monthly payment and each ,utceuive month the.eafte-r until mor1g~gee shall not;fy mortgag0r of a chaoge in such
dr110unt. Such sums shdll ~ applied by mortgagee toward the payment of real property taxes, insurance premiums. and mortgdge guaranty insurance
prerlliums.
her.unlo .el hi. h.nd and .cal Ihe d.y .nd year
~
~~
Seal)
~(Seal\
(Seal)
(Seal)
STATE OF flORIDA
COUNTY OF _
St.e Lucie
ss.
Koeberl
Ferdinand
Koeberl
Bolor" m., penon.lly appear..d
Marie
his wife, to me well known llnd known to me to be
b..lorc me Ihal Ihey exec...ted :he ..m., for Ih.. purpose.
Ih. individ~.I. described in and who
"t,ae\);;!ed
Koeberl
"pon I 'eparate and privat.
said instrument freely and volun--
exo~....t.d the foregoing i!'Jlrum'lnl,
Marl.e
Ferdinand
rh.rein expr.....d. And Ih.. uid
wite 01 Ih.. uiei
examination by me take" .eparale .nd a,lOrt from h.r aoid hu.band, acknowledg.d
,,,i1y and wilhovl any compul.ion, co",lrlinl. apprehen~'Y')( fur of or from
WITNE~S my hand and official .011 Ihi~d - d.y of
It large
A.D.19~
Ro,';rn. To:
Fir.: F&<Uu,1 ~vl"9' a. loan A"oci.fion
01 ForI Pi.rc...
,\t.t.'6rl lp'i~}c"';' i,lorida
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.1134
Notlry Public. St?:e of Flor:da at Larp,e
M'J CO:1'lrl',~S'on rY~j;re5 t.,piil 2.1. 1 q:::,~
Bont1~.d b J' :\:)~.: ~ .: .I~l /". ur.:--!y (:0 Jf
fiLED N'lO RECORDEO
!t' OffidaJ,-Rmrd-- 8GOK
1963 FEa 22 PH 2: 12
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