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3. To place and conlinuov.ly keep on ,h. bvild;n.J'1 ~now '" herufter ,"val. on "id land and 0.' all eq~ipm"nl OI,d perlonall'l co...ered h'l ,hi, 1I1011g'
age, with all premiull1' Ihereon paid in fvll, fi,a Inlunn<e in 1M vlull lIand.,d pettcy.jOfm. in I .vm Ippro...ed by Ihe MOR fGAGlE, ."J """,h,c>""
imurance in Ih" u,u.1 ..a'l(urd policy lo,m. In s .urn app,ovttd by Ihe IN:>RTGAGH. In .vch ("mplny 0' companle. a. Ihe MORTGAGH n",
dlft"I; and all fire .nd wiochto:m in"..,.nce polki.. on any of '11d buUdi~'f any interes' therein or pari thereof, in Ih, aggreg"'e turn .afOrcHid (ir
in excess Ihcr~of. .hall conhln the Vlvat ,tln<brd mottglg.. c1auM Of luch u.he, dll.ius. .. tl-:e MotlUlgee m..v r.4uir.. mak.lng the Iou UIl..J""l IJ,d PO'I-
cies. eoch Ind e'tlory, paytbte to ,.id MOP.:TGAGfE .u it. :",terelt nlAY 'pp4l'lr, and e-acn end 0""''1 luth pollc)' shall be promptly au grlcd ..,Ild ~cjl..du_i ~o
any held by uid MORTGAGEE a. fvrthe, lacv,ily '" ~Iid morlgage debl, and, nol I." Ihln len (10) doy. in advance of the upiratoOol 01 Nch pO:'C'l, '0 c1e.
liver to .oid MORTGAGt:.E . r.newal there<>f, together with. receipt for the premium of such renewal; l'ld thero d-.h&II"bc no fire or .....,'indUOflll il'\Ut~lIl(':
pl4C~rl on any of ,lid buildings. any interest therein Of '):>aft th&reof, udeu In the form Intl with tt-.o Ion payablE ., ilforeuid; 4nd in Ibt.. e"~1\1 alll' IU;ll
of mont, becorn~t payable under such policy or policie, .lid MORTGAGEE shall hl~e th~ option 10 receive C)rld appl( the S4rllt.' on dCCOllrlt of Ihf! indd I:.d
nt.'n se-cured hereby or to permit laid MORTGAGORS to recoivo and ule it Of any pari ,hl'reof to~ o1h':..', f,url....n,..". ......:lkJl r t~I' I,.' ..~,Il.l , .... r , i "
in(J aoly equ,ly, lien or righl vnder Of by virlue of Ihll mOlI9ag~; and in Ihe ~venl ..'d MORTGAGORS ,hall lor an'l re~'on fail to keep the ,.ld J"C""" L'
1I1SUrt.J, Or fail to deliver promptly any of laid pollCiel of insurance to laid MOR:TGAG~E, or fail promptly fo pay fully llny "rt.ll'I'Jrn 1h~'t:fLt ()r ill ,'\",
rt'~pt.'c' fail '0 perform.. discharge, execute.. effed. complete. comply with and .bide by Ihi, co.....eIHn'. or dllY IUlt hereof, s,l,d M~..1R rGAG: [ r,'.j; .',I( - d' ,1
r"y for luch insurl,u)(e or 41ni' part thereof without WAiving c,r .ifecting .ny option. Iten, e'luity, or ru)"! under or U, "irtue of thi, ,...'ortSpg...... .~ll,d tt.(
hill amount of each and every \uch paymtnt ,h411 b. immediatt.ly due Ind pay.ble In.:! ,hallDcar infercU frclI' the d:ste Ihe-;eol until p,lId "'t Ih~ r..)ft..' 0'
nme p~r Centum per annum and logether wilh such inlerelt .hall be lecured by the lien of Ih"i. mOrlgage.
4, To permil, commil or .uff~, no Wille, Impai:men' or delerioration of uid propf!rly 0' ~ny p.rl lhereof.
5. To pay all end lingular the COI", charges and expenlCl, including a realoobbl" a!lorney', fee and (01.1S of abstrilCls of tille. incurrcq or P,ll(J .1!
any lime' by .old MORIGAGH, becau.e or in lhe event 01 ,he failur~ on the parI 01 the .aid MORTGAGOR 10 duly, pro"'f"'y a"d lu,lf pOllOI';'. d"cI'Jr'J"
e.ll.t.'lutc, cffect. complete, comply WIth and Ib:de by each and every the stipulations, agreements. condilions. dnd covell".III of SduJ ~:!O:nIH()r,' null: dlHJ tl,,~
mOrlgdge any or either. and s.)ln COStl. ch,uges and expenses. each Ind every, ,hall he immedialely due and r,aYdb!e; whelher or pv! rhelt..' ~)L' "otIC'- d..
man::!, attempt to collect or ,uil p~l1din91 and the full amount o.f each Ind every luch payment shall be.!!r interelt from 'he d,'ft.' then'ot ullltl p,~ld 031 li,t"
r"ft of IllllC per (cnlvln pC'r annum; and all ,aid COIU, chargel and expe-ns~s incurr.!d or paid, loge-'her With such interest, shJ:1 be s,..:curt.'d by the lien of Ih:,
mortgage.
6, ThaI (a) in the evenl 01 eny breach nf thl. Mortgage or delau:t on the parI of Il,e MORTGAGOR. or (b) ;n the eve'" an'l 01 ..d .,,"', 01 mv"C'V
herein referred to be not promptly 4nd fully paid wirhin thIrty (3Q) day' next aller the same severally become ch..e and p~)"dGll'. Without d'_'lJ1anu or nc,ttC'_'.
or (t) in the e....enl e.Jc.h dfld every Ihe stipulalionl, agreemenl., condilions and covenants of ~a;d promiuory noh~ and Ih,s flHJfI<j<iV..... ,HlY or cllhcr dre nol
~uly. promplly' and fully periormed. d,scharged, executed. effecled, completed. complied with and Dbiut:d '?Y. ,hen in cllhe.r or .lll( ~1...I(h ('....cnt !he SJ.d dJ
grt..'gale lurn mcnttoned in Slid promissory nole then remaining unpa.id, with interest accrued. an..j all moooJis St.'curl'U hereby, sh..u b:":-(vllll' dut!' dlHJ pJ~'
ab:e 10rlhwith. or Iher~alte'. al Ihe option 01 .aid MORTGAGEE, II fully and completefy),. il all of .he .a,d .um. 01 n",,,e'l ...".re 0"9,,,.11'1 "'1''' ..kef
to be" p"iu on such dd'i, anylhing in said promiuory no'. or in this ,"'orlgage to IhO! contrary notwithstanding; iH'i(J ,hereuJ..lon or ,fl\,:rL',dtcr "'I Iht! Op!IOII (,I
sdid N.ORTGAGEE. without nOlice or demand, suit at law or in equity.. therefore or thcrcbfter begvn, may b",. J.)(osl.'cuI~d al If all II\VIIC(i sc<.vrcd h..:rd.Jf
ncJd matured pflor to its inslilulion. - .....
7. That in the e.....ent Ih,]t al Ihe beginning of or at any time ~ndirg a(\~ ,uit upon Ihis Mortgdge. 0" to fort..close ii, or 10 rt.,forl}) it or to C'lfurce
paymC'nt of dOY claims hereurltlcr. said MORTGAG~E ,hall apply to Ihe Court having iu!i1.diclion Ih~rL.'of for Ih.~ dPI")dllmClll of '" R\..CL'I'/Cf. such Cuurf 5hd:!
fodhwith a~r'oil1t d rC"ccivt:r of said morrgagt..d properly all and singular, includIng all and lingular the income. p,oflts. issut..'" and rL'\I('rll...'l'~ frorn ....h,..de"d
sourCl' derivt'd. cdch and every of which. it being exprcnly understood. is hereby mortgaged 01 if spcClficJlly' set forth and de!ICfIL.:d in the yr.Hlllll':j dl,J
h",bellduln cl(\use$ hereof. al.d such Receiver shall have all the broad and cffecrive f,'nCLons and powers in "nywIS(' t,..ntrustcd b( co CVUlt to oJ R.....c._.I\(Cr. .J<1d
I',.ch dppointnlt:'llf shdll be m.jd~ by such Courl as an admilt('d equity and a mailer of absolule righl to said MORTGAGEE, and WlIh'}Uf r..:f......rt.:IlCL.' Iu Iht..'
adt.'qu.Jcy or in..Jucqv.lcy of the value of ,he properly mortgaged or to the lolvency or insolvency of laid /'t'ORfGAGOR or Ihe dd'_"r,d,t.)ts, {t"d rhtJt 5U(!l
(("\IS, profit!., income. issut.'s and revenues shdll be applied by such Recejv'~r accordIng to the lien or equity of sdld MORTGAGt E. l'Il\J lht.' pr,H_II(~ of su.:h
Court.
8. To duly, promplly and fully perform, di\Charge. execute, effect, ,~mprete, comply with and abide by each Clnd everl ,he stip\.d<\fions, agrcc-:llf..'nls.
conditions and c.OVendllh 10 s~ld prQmiuory note c!nd this rn..)rtgage set forth.
9. That I the ('''''('~'ll Ihe ownership of the morlgaged premises. or any part thereof. become, vested in a pf:rson othN than IhE' MORTGAGOR, 1he
MORTGAGU:. its SUcc("S\ors and assigns. may, wilhout notice 10 'he ^'\ORTGAO~. dcal WIth !luch succcUor or SucceHor in lofea-!>t wllh rt..ft,..rl:'!\ZL' t:1 II.."
ltlortgJge and rhe dl..'L1 he-cuy secured in Ihe lame manner al with Mortgagor w;thoul in any way vitialing or d,~chdrging the Morfg.H_I'.JrS' ll.,jlJI;.lf h....,.......
lllldl'r or upon the d!.'bl hcreb"( 5ecurcd_ No lale of the premises })creby mortgaged and no forbedfdl\CC 0;) 1he ,,"'drt of the 1.II,ORT(,AG:..t or It!! St..!C("')!l'_,r\
01 aHlgnl and no exte-nsion of 'he lime for Ihe payment 01 the debt hereby secured given L,. the MO~TG^GE E ')r ih sucu'uors or C)B,~IlS, shJ;J 01'l.'rd!e
to r~lease. d,scharge, modify chang'! or affecl Ihe original li,~bihty of the MORlGAGOR herein. either in whole or in parI.
10_ It i~ spec,ficdlly agreed that time is of the euence 'Of this contracl and thai no .....ai,.er of dny obllgatron h:.reunder O~ of ,he oLlig.llion se.
cured hereby thl!lll dt dliY lime Ihcr~afler be held to be a W.l'Vt;f of the term, hert:of or of the 1I111rlimen' st.cvred heru"(.
J 1 I.~ ,;--1d,IH;:. to th(' foregoing monthly payrnrnls of princ'pel and intdcll required Ly the prom'u(,ry nott S"CUIL-I! tkft.iJ/'. Ill.jrt l'I')l.lr (l)',.t:r. .Ill<)
"I~U cJ'j,L'l.:S t:..> ~},Jr Iv 11''Jrl;jJ:gt.'t.' with cach 1ll;,H1!h,.,.. pll)':nc"I t.ln adultional surn t.'STllll,j"(,d b,. ITlOrl'],l'J{.'e to lL' t.'qLnlj :0 1,12 of the ,!J"".JI, ((;~, Ul Ilw to::o....-
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t... ,\;i rt.<ll proper't t4'-'('I le"ied or due-Sleu <lg.1iost the abo'"e dcscribul re,.,! es13te.
B f'r.:r,"~II\1. on fire dod Y..lndltorlTl insurance al hercin required 10 be carried on Ih..... Imrrovernenh ":'U.lt._. c'n It", "hQ.l.' dl'':.(;:~Jl'd iir"I1\I~'_'S
C P'l."TlIU liS on 'Suc..h mortgdge gu.!raflty in~ura;)cc iil morlgagee shall from 'irT,e to lin'L' d..~ern lit to CJUt on the lvJ'l !l,'ct.,;ft,d ~H.rd,(
Mo~t'J j~J'.'(" !>r._'l;; 'rum tiT,c to tiq~e nO'lfy rnortgJgor if) writing of the <1""'Ov~lI d'Jt.' ..,n.j p'~'iab:(' 1,'~'r,-'u'H{.'r dlld !.I~(h !.'~"ll ~h ,~l If, 'ICU; 0" b.. due n'~d
;' t','c b:e 0:) lh~ Jut.' (Ltre of 'he n._'d fllO;llhlY pdymcnt d:'cJ c<1(h succ~uivc noonih rheredf:';or UloId lllort-.J','UCI' 5h,!1 !ll,):.f',' t11{.Hf~J-l._;.Jr of ,1 (fldt~Jl..' i,l s'.)'" fl
.\':lOUIlt. SVdl S:.JI1tS shJI! be dfi;.,l:ed by mO~IY('(Jt.:e towdrd the pd)'mcnt of real property 1,;U,CI, insur,;,f1l~ Ffl::JI,U:l\!l, c!nu Ill:.>~IY'YL' VUdr,lllly' 11'!.,'_rdnC.....
prC'II:Ii...!!n!l.
hereunto set hil h",J t!nd ,e,ll the (hy
'M flrs1 i'lfor._.!>,,,;d.
J;?1?':kLlL.~~/??C,k; ~eal)
_._ _ ~~___(Soal)
_ (5..1)
_(Seal)
STATE OF flORIDA
St. Lucie
COUNTY Of ._____________
55,
Jr e,
single
Halker,
Before me pe..onally eppear~d
J a.'11e s
K.
adult
a
~
_.~ ~, to me well known ~nd k.no",n to me 10 be
the individu,is delcribed in and who executed the foregoing inltr\.ment, and acknowledged before me thi'll""""" e.xecured the !,lIT;e \fOfI ,he fJ;.:rpO~"""I
he .~,-;~.L',,-~'.,~___ __
_________ .~.'~ "'lI~&r .""'~. p..iv....
__}tl"l"....u..tn. b, ne te-t.en "pu~l. ,J ~t-'v,1 f.6.. 10.<.. .~id trvtb..6.lI, J(L....oul~.:.d '6 &+ll'!I b...f.,. I"t'lll that .t>:el J~t(vl.....J .._;~ '~I!~...(t t ~.I, _J-'- '..tn"I"
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Notary Public in and 10' ,he Slate 01 fllxida al large-'
My Commiuion exp~'f .' t. . . :. . .
?!'/ Public, Sfate of F!dr,-j.J1t ~ J' :'.'
J"Y Lomnl'SS on E~p rl'! .'I::;., .3 1 ,.,"
onded by Arn~rrcan SJrcI: ' 0, ~: :..":~
'herein expreued, ..A,.rd III~ .S1d
..-M tof II.. .o!ftl _ ____.__
/ --'-4;
WIH~E55 my hand and official .eal l}'iL-L-._~_ day of
Return To:
First Federal Sa.....ing. & Loan
Q! Fort P'efu'!'.
Fort Pierce, r=!oridd
Auo.:ialion
112631
FILEO Mm RECOP,OEO . '--
IrtOfficW- Record - ~OnK
1903 MAR -I PH 4: 03
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ROGEr. POITRAS. CL:;.,K "'-
S1. LUCIE COUHTY. Il.OHIOA
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