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B' II ed .TliUQ~91J.F\1tledg. ,~ · ". '.."';;0:....,
e.ore ~::.~:n.~l~tla~dge hi. wlf.. 16 me will k 0Glrii~""\e--'~..
the Individu.l. d.wibed In .nd who lXeculed 1M fOo'l)Qol"ll Ir..lrurnent, and .cknow1ed9ed before me lhel It..y "'K~ _ . me ~ ~,~~ ;.;k
And ..- 'If Vera Rutleage : :; ."1 :C;'),~;,
th~frelnf.:.~reuledd. I... II' James W, Rutledil:8 ~'CI"'~" '. ,..it! u.....rt~/".;,.!ff'.
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examin.tion by m. liken ..".ral' .nd .part from Mr ..Id husband,. ICknowled9ed 10 end !>tfOt. me th.t 'M U$CVted,' .".Iy .~. "s:
ttrily .nd without eny compvl.ion, con'llIlnt. .ppt~lW' fur of or from ~ ,.Id hvabend. . .' ~~ .~:~...~.t;
WITNESS my h.nd .;w offki.1 ..el thl. -- - d.y of~::2b ~r~ ~ ,~/(I,tf,&, <G.G,
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j 13481' Not.ry Pu~l~ In .nd f()( the SI.t. of florid. .i lArge
My Comm,ulOn explr",
. Notary Publle, State ~f Florida at Largl
M comml$~ion Expires N\)v. 3, 1965
Bo~ed by American Surety CO. of N, 'f"
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57 I~b[ 538
3. To pl.ce .nd continvOVlly ....p on the bul1d1ngi now '01 herHtter "!Yal. on ukl ~ eod on .ii eq...lpment and pencoelly covo<ed '.IV Ihl. mortg-
'g'. .....ith .11 pr.mlufl\! thereon paid In full. fire lnavrence In to. uw.l .tlt1d.rd policy for"" In . tum apptom Iw the MOllTGAGfE, .nd wind.IOIm
in.u,.nc. In the v.u.1 t1.nderd policy form. In . wm epprow<t by It.. MORTGAGEE. In I'xh comp.ny' or ~.. II 1M MOR1GACfE m.~
di'ectl .rd .11 Ura .nd windstorm IruVl~ poIlclea on .ny of Mid building.. any In*!'.! .....In or part lhereof, In 1"- IlKJregelll wm .fo.....1d or
In excen tMroof, 'NII coni. In lhe u.u.1 "endMd rnor1fIeM cI...... Of -" other tiN" II ..... ~ rNY ....,1... rN"lng lhe iON un<hr ..id poll-
cI.., .1<1, end .v.ry, pay.bl. to Mid MORTGAGEE II Ita Inter"l rMY 1fltlMI, end .~h end 0Yerf wch pollc}' .....11 lHo promplly ...;gned .nd dellv.red 10
.ny held by ..Id MOl:tTGAGEf .. furlher M<vtlty 10 ..Id mottvaee d.bt. end, not ... the" *' (10) de,.. '" Idv_o of ..... .llpl,.11on of Hch policy. 10 de.
liver to IIId MORTGAGEE. r.....w.1 thereof. Iog.ther with . ,~pt for .M pteml<lm of wdI (_ai, end the,. ahllll be 1"0 fire or wlnd.IOIm Inwranu
"laced on ant of .cld building., .ny Int""1 th.t.1n or part lheteof, VII_ In It.. form .nd Nllh the 10M pay.ble .. .IOtfllldl and in the event .ny .um
of mon.y baco"".. pty.bl. under .vch policy 01 poIidet wid MORtGAGEE ahall he... 1M option to ,ec.lv. .nd .pply lhe _ on accovnl of 1M Ind.bled-
ileU .ecured Mraby or to ~,mil uld MORTGAGOR~ 10 recolv. .nd v.. It WI' .ny pari lhoreof fo< olher purpoaea. withoul Ihereby w.i.ir,g or Impair.
Ing .ny eqvity, lien or righl un<!e, or by vlrtw of Ihl. mortg~, .nd In the .wnl Hid MOItTGN"..0a5 .hell lot .ny ,Hton f.i1 to keep lhe ..Id pr'Mi... .e
inll"ed. Of fail to dellv.. promptly .ny of ..Id polklfl of Inw:MCe 10 ..Id MORTGAGfE. or.!a11 protnf'tly to pay fully 'ft) premium lherefor Of In .n~
""p.<I fail 10 ~. form, di.cherg., uecu", .ffect, complel.. comply with .nd .bide by thi. covenant, or .ny part hereof, IIId MORTGAGEE m.y pl.ce .nd
p.y f", .veh Inlvr.nu 0< .ny pert IMr...,f wlrhout w.lvlftG ot .ffectlng eny opllon. lien, eq'blfy. or rlghl. UncMr ot by virtue of Ihl. Mor'9~e, ar>d lhe
full .movnt of ..ch .nd .v.ry .vet. paymetll ",.11 be il'1'lt'l\eCil...ly due .nd plIy.bl. .nd _h.1I baa, Inl.....t from lhe d.l. lhateof vnlil p.id II 1M rll. of
nine per cenlum per annum .nd I~ether wllh .uch Int""1 .h.1I be .ecum by 1M lien of 11\1. ~., ,
.c. To permit, commit or .uffar no w..l.. Impal,rner.: or dete,lot.tlon of Mid ptO~ or any part thereof.
5. To pay .11 .nd .Ingvlar 1M coat., cha'9" and ..:p.n.... Including. 'Naonabl. IltQtMy'. f.. .nd co... of abllTKle of Iltl., In(urred or paid .1
.ny time by .aid MORmAGEE, bec.u.. or In 1M ....."t 0; 1M f.llur. on lhe part of lhe ..Id MORTGAGOR 10 duly. promplly .nd fully perform. dioch.,g.,
e.ecule, ..ft~.I, complet., comply w,Ih .nd .bide by '1(." .nd awry the .t1pY1etlont. ag,..."."... condlllonl, .nd covenent. of ..Id promluory nol. and Ihis
morlg.g.. .ny or .Ul\er. .nd ..id co.", cher~.. .nd .llplIOMt, NCh .nd every, ahllll be InIItledMtefy cWo .....1 pay.blel WMthe, or nol there be notiu dl>-
m.nd, .llempt 10 coll<<t or .ult pendingl .nd lhe fvll amount of eech .nd ~ wch payment ~II beer Inl....1 from I~ d41t. tMroof vnlU I>>id II Ihe
rJI~ of nine per c~nlum pit annum; .nd all ..id co.,., cNIgft cnclupenMI Incur,ed 01 paid. together wilh .uch Int.....I. ahllll be MCured by tM lien of Ihi.
motlg.g..
6. That (.) In lhe .....nl 01 .ny breach of Ih:. Mortg~. ot dahlJlt on'tt. part of lhe MORTGAG-:>It or (b) In the .vent .ny of ..Id wm. 01 money
herein raf.".d 10 be nor promplly and fvlly p.1d within thirly (30) d.ys nul .ft., Ih. lime ..".,.lIy becoma due .nd p.y.bl., w;;houl dem.nd or nOlico,
or (c) In ,h. .v.nt' each .nd .ve,y the .t1pul'lion.. ~r..ment., condillon. and co_nil of ..id promluory Mf. .nd thi. rnot1gl9' .ny or .'ther ar. nol
1uly, prom!>tly .nd fully perlocmed, d,.charg.d, t'llecvled. .ffected. compleled. compiled with .nd .blded 'lIy. IMn In .11t.., 01 .ny. .vel> .venl 'M Hid .'it
g'~g.to .um menlioned In lIid prominorv MI. Ih... remaining unpaid, ",ilh Inl.....1 accrued. .nd .11 money. .vred hereby, ahllll become due .nd pay-
.ble forthwilh, or there.h... .1 Ihe option of ..Id MORrGAGEE, .. fully .nd complet.ly .. " .11 of the aaid sums of IftOMY w.r. origin.lly .lipulll~d
10 be paid on .veh day, .nylhing in lIid proml..ory /\(It. orin thl. Mortgl9' 10 the ~Itlry notwlthll.ndingl ,nd lherevpon or lhereaft.. .1 lhe opliO<l of
uid MORTGAGEE. wlthoul notice or dem.nd, wit .1 I.w or In equity, lherefore ot lfiet..h.. begun. m.y be prOMCvted II If .11 money. .ecvred hereby
had m.:ured prior to ill lnalilvlion.
7. Th.t in Ihe .venl that .1 Ihe beginning of ot .1 .ny lime pandlng .ny .ult upon Ihl. I,\orlg~, or to for.c1011 It. or 10 reform It, or 10 .nforce
payment of any claim. heraunder, said MORTGAGEE .h.1I .pply 101M Court Mvlng 1I,,,I.diclion IMreof for 1M .ppoinlmenl of . Rec.lver, .uch ("ourt .h.1I
fO'lhwith eppoint . receiv.. of lIid morlg.ged property .11 .nd .Ingullt. Indud,ng .11 .nd .lng...11t lhe Income, profi", 1"'Jet .nd r.v.nu.. from wh'I.vor
lOurce derived, ~ach and .very of which, it being expr...ly und."rood. II heraby rtIOt1g~ed .. If .pecific.lly ..t forlh .nd d41.cribed In lhe granting .nd
h.bendum clau... hereof, .nd .uch Receivar .h.1I NV' .:1 the broed .nd .ffmi.... function. .nd powotr. In -nywi.. enlrutled by . Courl 10 . Reeelv.... .nd
.uch .ppolnlmenl .hall be made by .uch Courl II .n admllled equiry .nd . mall... of .b.olul. ,Ight to ..Id MORTGAGEE. .nd without raf...nce. to Ih.
.dequacy or In.dequacy of ,he v.lue of Ih. property mortg.ged or 101M to:....ncy ot in.olveney of .eld MORTGAGOR or lhe d.f.nd.nll, .nd Ih.I .uch
r~nll, profin, Income, iUl'e. .nd r"vanu.. .hall be .pplied by .vch Recelv.r ICcording to the lI.n or equity of ..id MORTGAGEE .nd tM pr.ctlct of .uch
Court.
8. To duly, promptly .nd fully perform, dllChltge, uecut.. .ffect. ~Ie", comply wilh .nd al>lde by .Kh .nd every tM .t1pul.t1oru. agr..menll.
condition. .nd coven.nlt in said promissOfY not. .nd thi. motlgege ..I forth,
9. Th.1 in the evenl Ih. o....n....hlp of lhe mortgaged premi..., or .ny part lhoreof, bocot".. YOIIed In . petlOn olhe, Ih.n the MORTGAGOR, Ih.
MORTGAGEE. It. .ucceuo.. a!ld assign.. m.y, without notlc. :0 I'" MORTGAOIt deal with .veh .vec.nor 01 .vec...or In Int""I wilh ,.far.nc. 10 Ihi.
rnorlgage .nd Ihe d~b, hereby ...cured In the urn. m.nn., .: wilh Morlg.gor without In .ny w.y vlli.t1ng or dilCNrglng Ih. Mortg.go..' lI.bility here-
und~, or <lOon the d~bl hereby .ecur~d. No III. of the pr.ml... he..by mortgaged .nd no forbe.rance on 1M pari of lhe MORTGAGEE or It. .veceno..
or ...ign. and no exten.ion of Ih. lim. for lhe p.yment of ,h. d.bl heraby .ecured given by 1M MORTGAGEf or il. .lKanor. or .nignt. .hall oper.te
to rel~u~. discharge, modify ch.nge or .ffoct the origin.! Ii.blliry of 1M MORTGAGOR h...ln. .lther In whol. or In p.rl.
10. II i. .pecific.lly .g,eed ,h.I time I. of the ....ne. of ,hi. cont'eef .nd Ih.I no w.l....r of .ny obUg.lion her.VncMr or of lhe obllg'lion II-
cured herebt .1,.11 II any time lhereaft.. be h.ld 10 be . w.lver of the term. hereof or of IlK lnalrvment IKvred herby.
11. In ,dd,tion to Ih. forago;ng monthly payments of p,inc'p.1 .nd Inler." raqulrcd by lhe .promi.so'y nole lACurcd Mroby, mortgagor coven.nt.
end ag,ee. 10 pay to mortg.ge. with each monlhly paymanl .n addition.1 .um ettim.led by mortgagee 10 be equ.1 10 1/12 of the .nnu.1 C01t of the follow-
ing:
A-.AII reJI properly lue. levied 0< anened .g.ln" lhe ebo...e described ...t ..1'1..
8 - Premium. on fire .nd windlto<m'in.uranc, II herein required to be cerrle<l on Iho impro....menl. .ilull. on Ih. .bov. deocribed pl'emi.c..
C-Pr~lIlium. on .uch morl>/.ge gu.ranty inavrance .. mortgag.. .haIl from lime 10 time deem fit 10 carry on lhe lo.n ~ured hereby.
MortgJgc~ .h.1I from time to lime notify mortg.gor in wriling of the .movnl dv. .nd pay.ble herevnd..r .nd .uch .um .h.1I Iher..uP":" be due .nd
poyab!e on Ih~ du~ dale of Ihe ne~1 monthly payment .nd .ach .ucc...iv. monlh Ihernfter until mortgagee .h.1I nOlify rr.orlg.gor of . ch.nge in .uth
amount. Such .um. 'hail be .pplied by morlg.gee loward lhe p.ymant of rut property lue., lnauranc. pr.mium., .nd morlg.ge gUlranly In.uranclI
.....
premiums.
hereunto .el hi. he nd .nd ...1 1M day .nd year fin, .fc:retlld.
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~:::I'd .
STATE OF flORIDA
SAint Lucie
ss.
COUNTY OF
Relurn T<lII
Fint Federal ~Vi;:~ ,:.:;t:tr~ffn EO AND RECORDED
Fori Pi.erce;.,{I~lll~":r/r."" "'.. flL " , ,: _
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':::; / (,,/~~,~,:~,:. .... ;.,~. 1963 FEB 25 PH 4: 06 -
~:~"1.~ ~;.i'~'J/;~?1 ~ .. ~':':"'OGER POITR'AS CLERK
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I'" i_ ~ ..,'.."'~ r ---;a..i ; ....... }. :ST LUCIE COUNTY. FlO RID A
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