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3, To plac. and conllnuoualy It.-p on the b.JlldiflQa rtrtW Of Mr..ft., ,Itv~'. on ..k! land and 0' all equlpmenl and pe..ona!ly covered by Ini, 1110rlg'
ege, with .11 p'.mlums thereon ~id in lull, fir. Inaur.ne. In lhe u,ual a'andoord policy 101m, In a .um approved b)' the MORIGAGlE, and w,nd.,,,,,,,
IMurane. In lhe u,ual "andard policy 101M, In . lum .pploved by lhe ~jHG;!((;H. In luch co.Tlpany or com~":.1 II Ihe MORTGAGEE ""i
direCl; .nd .11 Ilro and wincklo<m Intvr.nco pollelea on .ny 01 ,aid ~ulldinga. .ny Inlore.1 therein or ~rt Ih.r.ol, In Ih. augregal. .urn alor.",u or
In .xc... Ih.teol, Ih.1' conI. In lhe "'0.1 a,.ndald mOllg~. clau" Of loch olher ciao" II Ih. MOllg...gee may requira, ma~ing Ih. 10.. under ",d ~o:i,
elel, ..ch and .V.1Y, ~)'abl. to uk! MORTGAGEE II ile Int.r.I' mey .ppe.r, .nd eac," and every lOch policy Ihall be promplly a.. gned.nd dei"orou to
any h.ld by ..id "'ORTGAr,EE II lurlher Mcvri'y 10 ..k! mOllg~. c!ebl, and, nQl I... lhen I.n (10) daya in advanee pI the expira1ion of e.ch pol",., 10 d<,
liver 10 lalel MORTGAGEE a renewal thereof, tog.I""r wilh . receipl lor Ihe premium .nl luch r.newal; .nd Ih.re Ihall be no for. or '..."nd'lo'l11 in.ulO"'"
placed on .,'y 01 laid buildinga, .ny Inler,"1 lher.in Of pall Ih~reol, unle.. in lho lorm and "ilh lhe Ion payable.. afore..id; and i" the .,.'enl an,. ,u'n
"I money bo<omea payabla ur.rle' luch pol~cy :no po!ic,,. a.i:! :\',ORTOACEE sh.1I have Ihe optic" to receive and apply Ihe ..me on ac(ounl of Ih, inud,,,,,l
nen lecured her.by or 10 pern.it $lid MORTGAGORS to receiv. .nd 0.. it or any ~art ther~of for other pvrpo't.'I. without th~rl.!.J( w~loi.IJ (,.r 'I"p.llr-
Ing any equity, lien Of righl under cor by ..lrllHl 01 Ihi, m<>,lgage; Ind In the Ivent Ilid MORTGAGORS Iholl 101 eny re..on lail to ~eep Ihe ..id prem;,,.. '0
insured, 0< faU to deliver promptly .ny of ..id policiel 01 insuranee 10 ..id MORTGAGEE, 01 fail promplly 10 pa', fully any prem,um Iherdor or in '''1
respect lail to petlOfrn, dilcharg., execo'e, ellect, complere, comply with Ind Ibid. b;o thil co"enanl, or any part hereof. sa,d MORTGAGEE m.y pi.(o -"0
'pay lor luch I",ulance Of any ~r' thereol wilhoul waiving Of alfe<ling Iny option. li.n, equity, or right under C' by virtue of ,hi, Mortgage. and th(
lull amount 01 each and Ivery luch ~yment Ihall be immedialely due and pay.ble and Ihall bur inlerell Irom the clal. Ihereof unlil p.,d al Ine r4te o!
nine per cenlum pel .nnum and logelher with sud, inlerell Ihsl' be Ie.:ured by the lien 01 Ihil mortgage,
.c. To permil, commit Of lulfer no we"e, Impairment Of deleriolation 01 ..id properly or any part thereof.
S, To pay II! and lingul.r the COlli, chargel and expenles, including a r~"o('llble 1110rney'l le~ and colli of ab,l"ch of lille. incurred or p.,d .t
any lim. by laid MORTGAGEE, bllO\;le Of In lhe .vent 01 lhe failure on Ihe part of Ihe ..id MORTGAGOR Ie July, promptly .nd ful'y perform, d,l(horge
execute, effe<t, complete, comply with and abid. by ."ch and every the Itipulations, fgreemenll. conditions, and coven~r\1I of laid promi\Sor:; nolc ~nd .Lls
mortglg3 .ny or either, Ind ...id cotla, cMfge. end expentel. each end every, ,hall be immediat.,ly du~ and payable; 'Whether or not there be no'ic~ d,,'
mand, allempt 10 collect or luit pending; and ,he lull a",ounl 01 ..ch and every luch payment Ihall belr intere'l from the date Ihereof until p..d al ,h.
rate .:)f nine per centum per annum; and .11 laid COUI, charges and ~xpcnsel incurred Or paid, together With luc.h interelt, ,h. It be secured by the !iCll of th"
mortglge.
6, Tha' (a) in the tv.nt ...1 any breech 01 Ihll Motrge-;je or clefault on Ibe part 01 the MORTGAGOR, or (b) in Ihe evenl any of I.id lums of money
ht'ein referred 10 be not promplly Ind lully paid williin Ihirly (30) daYI nex~ alter the ..me severally become due .Ind payable, wilhoJI demand or not,C",
or (c) in the event each .nd every the Itipulation" agreement.. conditions and covenants of sa,d promiuory note and th.," mortgage any or either are n01
;h'iy, promplly and fully petformed, d,acharged, executed, effected. compleled, complied wilh and abidod '>y, lhen in e,lher or an, 'u(1i evenl Ihe ,.,d -g
gregate sum mentione-d in said promiuOfY n,:)te then remainin-g v!,paid, with interest accrued, and all m0netl lecured hert.by, Ihail ~come due and P")"-
able 10rlhwith, or ,herealter, at lhe oplion 01 ..id MORTGAGH,- as lully Ind complelel)' II if all of ,he sa,d ,u",. of money were o"g,nally "'I'ulat<'u
to be paid on such day, anything in laid promis,wy note or in this Mortgage to the cont"ry notwithstanding; and thereupon or thcft,,'dfter at the op'lor~ uf
I.id MORTGAGEE, wilhoul notice or demand. loil al lew or in equily, Iherefore or Iherealter begun, may be pro,eculcd .. il .11 rnoneil secured ne'cu,
had matuicd prior to its inltitution. .
7. Ttut in the event that at the ~inning of 0" .t any time pending any luit upon thi, Mortgage, or to foreclou~ it, \Jr to reform it, or to. enforce
payment of any cI!im~ hereunder, .aid MORTGAGEE Ih.1I apply to the COJrt having jVfisdlClion Ihefcol for the appolnlment of a Rcc,-,i'lu, such Courl shJ:l
forthwith appoint a receiver of .aid mortQ.ged property all and lingular, ine:1ud.ng all and lingular the income, proh,,_ invcs and revenues fro.n Whdh~vlr
lource derived, each and e'liery of which, it btoing expressly underslood. it hert-by mortgaged "I if ':'Jeciljcal!y set for1h and described in the granling and
habendum dau,es hereof, and ,uch Receiver lhall have ail the broad and effecti....e ft..nellonS and powers in anywl1ie entrulled by a CourT to a Receiver. ,1',u
lu(h appoinlmenl .hall be made b,. luch Courl as an admitted equily and a matter...., ablOlute righl 10 ..id MORTGAGEE. and withoul reference to tLe
adequocy or inadequacy of Ihe value 01 Ihe properly morlgaged or to Ihe lo;vency or in,olvency 01 Hid MORIGAGOR or Ihe defe..u..,... and Ih,,1 ,u(h
renlS, profitl. income, inues and revehuel Ihall be applied by luch Receiver according to the lien or equity of said MORTGAGEE and the practice of suc.h
Court,
8, To duly, promptly end lully perform, di.charge, execule, elfecl, r,omplele, co",,,ly with end abide b'{ ecch and every Ihe IIipulalion" agreemenl.,
conditions and covenants in laid promillory note and this motlgage let forth"
9, Tt.at in Ihe even' Ihe owne..hip 01 Ihe mortgaged premilel, 01 any p.rl Ihereol, becomes ve'led in a per,on olher Ihan lhe MORTGAGOR. Ice
MORTGAGEE. its lucceUon and assign!, may, withoul nOlice to the MORTGAOR. deal wilh such lucceuor or lu:Ce\Sor in in1ert'st With refl.'rence to thIS
mortgage and the debt hereby lecured in thl" lame manner '1 with Mortgagor withou: in any way vitia~ing or dlschargi.,g the McdgdgOrs' liab!lty ....cre"
undt:"r or upon Ihe d~bt he'eby Ie<U,ed. No ..le of the premises hereby mortgaged and no forbearance on the part of the MORTGAG[E or 1ft lucceBors
Or auignl and nQ e:Jllen,ion of the time for the payment:)f the debt hereby secured given by tne MORTGAGEE or Its SlJcc:euors or aU1g;11. sholll operate
to release. dileharve, modify change or allecl the o,;ginal liabil,ly of Ihe MORTGAGOR herein, e'lcer in whole or in parI.
10" It ;s speCifically bgreed' that time is of the essence of this conHocl and that no wai...er of any oLligatlcn hereunder or of the obligation SC"
cured hereby Ihall at Iny time the:eafter be held to be . wai....er of the terms hereof or of the iralrvmenl lecured herby.
11_ In "ddition to Ihe foregOing monthly pa(menll of prine.pal and intercsl reqUIred by Ihe ~rortl'U(,..'(t n01c s~'curerl hcrcl,;. rnor!g~~Jor coven,ln'!
and agrt"cs to pay to mortgagee with each monthly payrnen' "n additional sum es'irnah",d by morlgagee 10 l,~ equal 10 1 12 ot tht.' '-'Jl::u.,l CO\1 of I hI..' follOl<-
lng'
A~-A:I real properly taxes levied or anessed agc!inSl the abo...e dcscribrd real eS'''e_
8- Pf~rJljuml on fire and windsrorm insurance as herein requ.rtd to be carri~d on Ihe impto....ern~n1s "IUd1~ on th.... dbovc d,_'~(fih<:,d prcm:scs.
C --Premiums on such morlgage guaranly insurance If mortgagee shall ffOrTl time to time deern fll '0 carryon the ~Odf' ,,.cured hNCb{"
Morlgagee shall from lime to time notify mortgagor in writing of the amou..' diJe and p.!Iyable hern;nuN ..1nd such sv.n ~k'l:l !hur'upon be due a:id
raY..'lb~e all the due date of the ne:l{t monthly p-,ymenl II!nd ei!Ch luccessive month thNealh:r until mortgdY(,c slHlI not.fy rnortY.l'jor of 3 chJngc in ~uch
lJn~ount. Such sums ,hall be app:ied by mortgagee toward the p.yment of rea! prop~rly teU.t'I, insurance prc;n:ufl1s, "nd rnorf'jJ}'-' gUMdflt, insurJI\Cc
hereunto let his hand and seal Ihe
da,. a~;;:=ad~
(Seal)
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MAJ"i
COUNTY OF
St,
T.ll~iA
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A A hst..e.in, A sing) e 9 dll J t """~~ry::-' XdlI
...Jo:h1!:X...xdt 10 me well ~nown~<).c."\'lQW~.,..m" ~ ~
ine individva!J desuibed In end who UlKoted lhe Io<egoing instrumenl, and ad<,nowledg.d belore me Ih<t $1<< execuled ,~<;:~':md 1M In. pll,po,,~r,
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WITNESS my hand and official lei I IhiL---~--' day of, , Md, ~. '~':"'..,A, D, ~~~.~
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t t ~,'7:1 () NolalY Public in an~ lor t~ Sta'e of F:c.id~, 6J. larQlI", .
-. My Cvmmllll0n e~lfes:
Clary Public, State or r' "
flLEO AHO RECGRdO. EO V J~~~~n~;1~1~':'C~~'.~es "j~~;:l ;1,1 i,%~&
\~~ __OHitiaLR~co.r :',001\ vurcty Lo. 01 iL y~
ISo) ~mR -5 pf\ 3: 03
ROGER PO\1\\t\~:: GL?J\ J? iJ
81. lUC![ CUOHn. rlU,' ~
Befote me personally appeared
Fir.t foxleral
Return To'
Sning. & lo~n
Of ForI P;e'ce,
Association
Fort Pierce, Florida
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