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57 f^GE 487
3. To plec. .nd conlinuou,ly "...p on ,h. buildir'Il' now Of her.lf'.' ,itu.'. on uld Ilnd .nd on all .quipn'l'nl and pe,'onllly covor~d by Ihi, morta'
Ig., with .11 premium, Ih.reon plid in full, fir. Inll,rlne. in ,he u,u.1 ,und.,d policy form, in a ''1m 'f';>rov~d by Ihe MORIGAGEE, end w",d,'ur"
i",uranc. In ,h. u,ual ".nderd policy form, In a sum ,pprovod by ,h. MCRTGAGEE, In ,uch complny or compan;.. a' ,ho MORlGAGEE nlJ'(
dir.-cl; .nd .11 fir. and wind"orm I",uranc. policlOl on any of uid buildings, any Intaro,' thereon or perl Ihereof, in Ih. oggreg.:e 'u'" aforeo,d or
in exce" Ihereof, Ihall conllin Ih. ulual ltandord rnotlgl9ee clluu or ,\ith Olhor c1lu~. II ,ha Morlgogeo m.y require, mlld,'\! ,he Iou under ,",d >,o'i.
ci.., each and overy, payabla 10 uid MORTGAGEE II il. In'ero.' may Ippelr: Ind each and every lVeh polICY ,hili be !)rom;>lIy au gned and d.:iyer.,J 10
any held by uid MORTGAGEE II furth.r ,ecurily 10 ulcl mortgage deb', .nd. nol 1..l'lhan I.n (10) day' in ad.anc. of Ih. axpiralion o! each polle;, to J~.
li"'er to I~id MORTGAGEE. renew.1 th4reof, together with II receipt for th. pr.,niurn ~Iu(h reno'v.l; and there .h.ll be no fir. or winu,'oTfll ill'urQnu~
placed on .ny cf 'Aid buitdi"91, any inhul'l' th.rein or p.r' thereoJ, vnle" in the form and wilh the Iou ply!ble II aforcl::id; an~ in Ihe event allf IUIIl
of money become, payable undN IUC'> policy 01 policie, la,d MORTGAGEE ,hall have I he... <,plion 10 receive and apply ,he "Ille on decounl of ,he ir.d"!,!<-.;
nen "euled hereb)' O( to permit said MORTGAGORS 10 receive and u'e it Of' Iny pM' thereof for other purp0!.cI, ......lIhov' Ih:!t LI' ~",-!l.l,l J ...}~ I,',., ,II'
i"g any ~quily, lien or right under or by virtue ot Ihil m~rlgage; and in ,ha event n'd MORTGAGORS ,h.1I for on-I lea.on fail 10 keep ,he ,.;d pem;'d '0
insure-d. or fail to deli....er promptly any 0: .aid policies of insurance to Il!I:d ,y.OR:TGAG[E, or fail promctly to pJY fully any r-rt'lIliurn therefor or in ,-~r.,
relpect hil to perfOlm. dilt;.harge, t-xMvte. effect. complete.. compl) with And abde by th;s covenant, Oi !"!ll ~..'.. hereof, ,~i(~ ,.\ORIGAGlE IllJ)' p1dC" ,I'll
p~y fOf luch insurance or any part thereof without waiving Of' .ffecting any option, tien, equity, or light under or by' virtue of .his ~.orlg"ge, ~nd Ihl
full amount of each and f:ve~y luch pJyment .hall be immediately due end payable and .hall bear intC"rest from the d....te th~rcof until p~ld at the f.Jle 01
nine ~r cen'urn per annul' and together with .\.;ch in!ere.t shall be lecure-d by the lien of thi~ mortgage_ .
.c. To permit, commit or tuffer no waite, impairmer.t or delerioution of I.id prop@(ty or any part ~here-ot.
5. To pay.!! and lingular the COlts, charge, a.od eXpenlOl, including e reasonabl3' atlorney'l fee and (o\rs of abstr"cll of tirlfJ'. incurred or r~id a1
.ny limo by laid MOIHGAGEE. because or In Ih~ evenl of Ih. failure on Ihe par' <JIlr..the ,a;d MORlGAGOR 10 du!y. promptly and full; perlor"" J,,,hJr<J~
e.ecule, effect, complete, comply w:th and ahide by each and every the Itipulations, agreemen'I, conditions, and covcnanU of Ia.id ~)Jo~ninori 1\0h: dr\d tll.S
;nortg.ge any or either, and ,aid COltl. charges and expenle'S, ~."h and elvery, Ihall ~ immediately due and payable; wh;:-thcr or not th~~e be notice d,'
mand, aaempt to collect (\r luit pending; and the full amount of each and every luch p.3yrnenl ,hall bear interest from the date thereat uolil ptud at the
I,)f~ o~ nine per centum per annum; and all .aid CaUl, chugel and expenses in..:urred or paid, to-gether With lu<.h interest. Ihall be lecured by the l~efl of thl'
mortgage.
o. Th.I (a) in Ihe evenl of .ny breach of Ihil Mortgage or default on lhe pOll of th" MORTGAGOR, or (b) in Ihe event any of ,",d ,urn, of mone~
her~in referred to be nol promptly and fully paid ~within thirty (JO) day, next after the-..c.ame Ip....erally become due and paYdl.Jle. wllhoul Jt.'lTldnd 01 llot,Ce,
or (c) in the event each and ever", the stipulations, agreementl, conditiol'l' end covenant\. of '.!lId promissory nole ana th.s mortgdgi.:' alll or either -'rc no1
:luly, promp'ly and fully performed, d,lCharged, execuled, ~ffec'ed, completed, complied wi,h and ab,d.,d '>y, ,hen in eIther or an, 'uch eyenl Ihe ,",d oOJ
grC'<)atc lum menlioned in laid promiuory note then remaining unpaid, with inlerest accrued, and all moneyl lecured hereby, shJH bCCOfl1e due and I-'d,
able fort~with, or thereafter, ~t t~e o~tj,-,n of .'aid MORIGA<?fE, .al fully a.nd completel.z:....."I if l'lll of lh~. said ,unl"$ of money wc::re origindlly tt'tJ'),Jh:d
to be p~ld on luch day, anything In sa:d promissory note or 10 thll ',^orrgage to the cont(ary nctwithUl!tndtng; and thereupon or th\.."re.Jticr at th,-, Ot,f,un of
said MORTGAGlE, without notice or demand. suit .t law or in equity. therefore or thert"Jfter b-egun.. may be prosec.u'ed tIS if all Jn0n\.."," s'!:c'.Jred h..'rd.J1
had matured prior to its institution. .......
7. That in the tvent that at the beginning of or at any time pending any luit upon Ihit 1w'orlgage-. or 10 foreclose it, or '0 reform ii, <;r to enforce
payment of ani ddions hereunder, laid MORTGAGEE shall apply to the Courl having jurlsd'Cflon Ih',:rt:cf for Ihe appoIntment of d ReC'.I'.......:r. ,uch (vurl sh.J:1
forthwith appoint a receiver of laid mortgaged property all and lingular, includ:ng all and singvl.Jf 'he incornt..'. prohts. iHVPS ,)lld 'cvelIU\.'S f,o~n wh.dc'.(...r
lource derived. each and every of which, it being expreuly underSlood, il ticrcby mortgaged Itl if svecdltally St:' t:>rth dlld dt.'scribed ill the gr.Jllllny ..F!d
habendum clauses hcreof, and svch Receiver shall have all the broad and effc<:tive fUllCl:ons and po.......ers in any~.se l.'ntru!.tcu by " Covrt to 11 Rt.c..i'l'ef, d: d
svch appointment Ihdll be made by such Court as an edmitted equity l!lnd a mailer of ~b!olute rIght to sdid MO~TGAGf.E, and wllt.':...>ut rdt.:('_I'c~ to the
adequacy or in..ldcqudcy of th~ -...alue of the property mortgo.'lged or '0 the so!vency or insolvency of sdld lr",QRIGAGOR or the dt.'ft.'I.(Ll'lIS, ,lfd rh 1t Sv(h
rents. profits. income, inue, and revenues Ihall be applied by Ivch Receiver accord''lg to the lien or equity 01 '!lId MORTGAGEE i.llU th._. prdCI!CC of such
Court.
8. To duly, promptly and fully perform, discharge, CJfie"cute. effect, complete, com~)ll with and abide by e,]ch and ever, the !.fipU\dtions. 3JH..erncnts.
condi:ionl and covenants In sdid promiuory no!e and this mortgage set fOrlh.
9. Th.!!1 in the event the ownership of the mortg.!!ged prefTlites, or any part th~reof, bcco:n!:'s vcs'cd in a per50n otner Ihdn ~he M::JRTGAGOR. the
MORTGAGEE, its suCCeUOrs and anigns, may, without notice to the MORTGAOP.. deCoI With ,ucl'1 succeno~ or S'JCCt~uor in Inh:r,-'~1 ""lth rt:ft.'fl~Il(C to th.s
"lorlgage and the debt hereby secured in the lame manner as with Mortgagor y.,jthout in any WdY vit'dting or d.schdrgi'""1g !be f.'\c.rlg"gC.fs' IIJbtlltt h,_.ft....
undt:r or upon the debt hereby secured, No sale of the premises h~reby morlgaged ~nd no forbeMc)l1CC on the pdrt of the '....0RH.~;"Gll or d~ SuCC.'~"..~L\rs
or ll:,sign5 and nO extension of the time for the F-'''YMen' of the debt hereby secured gl....en b,. the MORTGJ\G~ [ or 111 SuCCCHors 0r dSSgllS. lh.Ji[ Ot)t.~~..J~c
to reledse. disc'luge, modjfy change or affec' ,he ori~inal liabilIty of the N~ORIGAGOR hereIn, tither in w~lo:e or in parI.
10. It is specifically agreed !hat time il of the euence of this contract c!nd thai no .....'aiver of any ob!igdtLon h~reundcr or of the ou!ig,!,tion se-
cured hereby shall at any time thereafter be held to be a wuiver of the terms hereof or of the inllru.'lIenl ,ecurt::d herby.
11. In <~dd,Ii0n 10 th~ foregoing monthly payme-nls of p~inc pal and j'lkft:st fl'4u~lt.:d Ly the prO,Tl,\',(H, nok !i' cured h'~'r~.l)i. l1Oo'I)"J'/ CO'w'''rl11lt)
dnd agrees to pay to mortgageE with e(lch monthly popncnt dn additional surn ,-stl;':dfcU kJ,. ftlort'Jdljl'L. to Lt., ,-"qUell tv t 12 uf thl.' .Jll:1Ud: ((;)1 e,1 111,_' foi'ON-
Ing:
A. All real property taxes IC'ii;:<d or asseued against 'he above describ(..d real esfate.
a P~t.':niu:Ps on fire c1nd windslo~m insurance as herein reqUIred to be carried Oil the im;Ho....c::.Tlenls ~ v<)Te on th~ ':'OO\Il' d.-set,\'" d prp;l'.!i('\.
c- Prcmiul1's on such mortgage gUMdnly insurance liS I1loli9a~ee Iha:i irern "me 10 lalle d<:em TIT iv C':"~l 0'1 th;:o 10,111 se(ljf,'d ht..r,~hl_
Mo~tg.)g('e shall from Lmc 10 time no'if.,.. mortg.lgor in wrIting of the d'l-:OU'lt dv": ano ptJr'rll;'e h'.:'rl'un,kr and ,:/(h su-n ~t',I;i ',"_'(u.'p()n h,.:- due a:"!
p.,)'",b'c on the duc drtT~ of the nf'.d monthly payment and e<3ch successive month 1hcre.3f!cr vIIT.! fllortg<lgce ~h 11[ flul,f., rl1or!g.JT:..r of ., d- .I'<J<: in su:.t\
<:,'~'ourll, Such sums shall be atJp:icd by mortgagee toward the payment of real protyerly ''')tes, insura!1c,~ prcm,u'T\S, dnd l1.urtsP.J'.... g\'.Jr.w:, IllSIJrJIl':..:
pr("l\;urns_
hereunto set hit hand and sCdl the dJY and yc.Jr first afo(es3id/.....
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__~_____" __._,_~ '-___ (Seal)
(Seal)
STATE OF flORIDA
~
-.l.uc.ie._- I
55.
COUNTY OF
Sq;pt
Before me ;>ersonally o"peared
EJ..r..a~ (rO '.) rJ Y P_~_fL.Hi..d.Qli__ l'nd
htl ~ite. 10 me well known and kno....n to me t" be
lhe foregoing inslrument, and acknowledged before me thaI Ifll>.,xueculed ,he ..me for Ihe FurFo'e,
;;!'-'e
Ihe individual'; delCribed in and who execuled
rherein .xpreued. Il:l(c): Ifll< K'"
NiK)bJ( \I;~ Kill ~___ ---, ~b.r 1- ~?e :'\,.?lI:~-A"~
~ J('JtrJl:t'1l.'K~;4*<<,>>~K~ <<,st FJ1(rxj(~~'X<<il( 1\.~i)4ry;lx~l\IJ9VbI:JWrtd': ~ )(r)(j)t>)(f~'-: IU:Ol~ )N[ )[}(4""tAd-:lJl~ )bJ(rKrw~ :O([){~),AXa: oXlDi.n'
~~t~~ 1."X ~'X~'lI:'~~,:~~~,or;>t<90fr;tMI: m:W'Jt"QIlQtI)\i. (, ')
WITNESS my hand and oHiciol seal this ;.L.. ~ ,- d.y of l.'p nr',aJ. !'~'.A/; 19=__
Nolary Pubk in an ,he State of Flor;d. at (~e
My Commiuion expires:
Reluril 10:
Firl' Fecer,1 S!Vingl & toan Auo<iation
Of Fort Pierce,
Fort Pi~(ce, Florida
Rola'Y Pubk S11!r of rb;J. ,,'
My Commiss!)o E(rrrc\ .l.'p(~ ~.'l
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