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3. To pllC' ond continu"".ly keop on lhe building' . 'lOW 01 her.oft., ollue,. on uld I.nd Ind on .11 .qulpm.nt .nd p.arlOn.lly cove,ed by Ihi. "'Oltg.
.g.. with III premiums Ihereon plid In fvll. fi,o Intu,anc. in Ih. ",vII ,IIOOI,d poliCJ f<>rm. In I ,um .ppro\'e:l by Ihe MOP.IGAGEE, Ind wH,d.torm
in.ur.nee In Ihe V.UI' II.ndord policy iarm, In . ,vm .pproved by lhe MOIlTG."GEE, I,. .lKh company 01 companio. II Ih. MORTGAGEE moy
direcl; .nd .11 fl,o .nd wind.lorm lnauro,..co polici.. on .ny of uid building., .ny Int".II lhe,oin or parI Ih.ro-oi. in I". .ggreglt. .um .for...ld or
In ucell Ihereol, .hlll conllln Ih. ull,.1 .llndl,d m.:H'lg.g.. c1IU",OI avch Olhe, c1IV.. II Ih. Mottglge. mlY ,.qvi,., m.klng Ihe lOll und., lI,d poli'
cie" each Ind evuy, paYlbl. 10 uid MOIlTG/,GEE a. i.. Inl.r.II mlY appaa" Ind .Ich .nd .v.,y aveh pol,cy .h.1I b. promptly '..,gned Ind d~livered to
.ny Leld by Itid MORTGAGEE a. fvrlher .ecu,ily 10 uld morlglge d.bl, and, nol I... Ihln len (10) dlY' in .dvlnc. of Ih. upl,"tion of elch policy, 10 d..
liver 10 Itid MORTGAGEE I ,enewII Ihe,~f, tog'lher with I ,ocoipl fo, tlte premlvm of .veh ,0newII; .nd Ih... aholl be no fi,. or wind"orm in,urence
ploced on .ny of uid bvikting., eny inltre.t thorein 01 p.rl thereof, unle.. In lhe form or,d with Ihl Iou plYlble a. .fOf..aid; .nd In the oven' Iny .um
of money becc.."e. plYlble un:!er .uch policy or polrcle, lIid MORTGAGEE .hall hive lhe oplion 10 '~eivo and Ipply Ihe limp on oCCOunt of Ihe indebled,
nen ,ecured hereby ~ 10 permil .aid MORTGAGORS 10 rec.i.... .nd uae It or ,"y pari Ihereof for oth.er purposet. withoul thO::h.b; wai..i:lg 0r 1I"p.~."
Ing any equity, lien 0' ,ighl vnde, 0' by vlrlue of Ihl. mo'lg~.1 ond In lhe .venl u;d MORTGAGORS .h.11 fOf Iny 'o"..n fell 10 keep ,h. lIid p,emi.e. '0
in.ured, Of hil 10 d.lrve, p,omPlly Iny of uld polici.. of In.vroncc to uid MORTGAGEE, or f.il promplly 10 p>y fully .ny prem,um therelor or in any
re'pe-cl fail 10 p.rlOlm, dilChlrgl. ...cvt.. offect, complele, comply with Ind Ibid. by Ihi. covonlnl. Of .ny porI hereol, uid MORIGAGEE moy piace a, d
poy fOf .uch in.u,ance 0' Iny pI,1 Ihoreof withoul wI:ving or Iffectlr.~ any oplion, lien, eqvity, 01 ,ig~,~ v"der 01 by virluo of this MOltgag., .nd Ih,
lull amounl of each Ind o".ry ..,ch paymenl .hlll be immodilloly due .nd pty.blo and .holl beer Inleresl from the dlle Ihereol unlil pa,d at Ih. rale 01
n,ne per centum per Innum Ind togelher with luch inlere" .holl be ucured by Iho lien of Ih10 mOflgagl,
~, To parmll, commil Of ,uffer no wI,lo, Impal,menl 01' deleriorotlo... of uid p,operty or Iny port Ihe,eof,
5, To PlY all Ind .inguler Ihe co.h, chl'g", Ind .xp.r'.... Inclvding a ,...onabl. IlIorn.y', fe. and co... of .b.lracl. of litle, inwered or paid al
any lime by Itid MORTGAGEE. becouII or In Ih. .v.nl of Ihl failu,o on lhe plrt of Ih. lIid MORTGAGOR 10 duly, p,omplly .nd 'ul'y perform, d'lChorge,
e.ecote. effecl, complel.. comply w,th Ind .bide by nch Ind .very the IlipulOlion., agr..m.nl.. condilion" Ind COv.nor," of lIid prominory nel. and th"
mortglga .ny 0' .ither, Ind uid CO".. chargel Ind expen..., eoch Ind .v.,y, .hlll be Im"'odi'I.ly due ond p.yabl.; w"ether or not Ihere be nOlice de-
mand. altompl 10 coll.ct or .uil f>>ndi"9; Ind Ihe full .movnl of .Ich Ind o"ery ,,,,h payment .hlll bee' interesl from tho date I~;ereol un~i1 po,d at the
rdfe 01 ni~e per cenlum per .nnum; Ind .11 uid to.la, chlrgo' and upen... incurred 0< paid, togelher wilh .lKh' inlO'III, Ihlll he lecured by the li.n of Ihi.
morlg.g..
6. ThaI (a) in the evenl of .ny bruch of Ihll Mo,lg.g. 0' dol.ult on ihe part of Ih. MORTGAGOR, or (b) In Iho event Iny of uid lum. :>f money
herein ..ferred 10 be nol promptly and fully plid within Ihi,ly (30) dlY' next liter Ihe 11m. uverllly become due and payabl., withouldemand or' nOlice,
or (c) Ir, Ihe evenl each Ind .very Ihe ,'ipvlationl, ag,eem.nll, condition. Ind covonln.. 01 ,"'id p,omillo,y nol. .nd Ihi. mortgage Iny or either are nol
~vly. promptly and ful!y parlor mod, d'lChorgod, oxecvled. effecled. completed. ,,?mplied wilt. end .bid.d 'oy, lhen In eilher 0' Iny .uch evenl Ihe ..,d ag'
gregate .um mentioned in uid promillo,y nol. Ihen remlining unpaid, wl!h Into,"1 ,c(rued, Ind III moneya .ecvred he,.by, .hlll become due .nd pat.
Ible fOrt~,with. 0' Ihorealte" at Iho option of lIid MORTGAGEE, .. tvlly .nd compleloly n II III of Ihe ..id ,urn, of money were or'g,n.lly Uipuloled
10 be paid on .uch diY, any'hi"g In ,aid p,cmillOfY nol. 0' In Ihi. MOflg.g. 10 Ih. (onl,ery nOlwith'l.nding; and Iher.upon 0' Iherealter at the oplion 01
.aid MORTGAGEE. wi!hovl notico or demlnd, ,viI II Ilw 0' il} .quily, Ih.,.Ior. Of Ih<re.lte, l>egvn, may be pro.ecul.d II il ell money. ..cured hereby
had mature-d pflOl 10 ill institution.
7, ThaI i" Ihe e"enl Ihal II Ihe beginning of cor ., .ny time pending ony .vil upon Ihl. Mortgege, or 10 foreclo.e II, or 10 ,clorm il. 0' 10 enloree
paymenl 01 any claim. hereunder, Itid MORTGAGEE .hall .pply 10 Ihe Courl having jvri.d;C1ion lhereol for lh. .ppeintmenl of e Receiver, .uch Courl .hall
lorthwith appoir,' I rec.iver 01 Itid morlgaged prope,ly all and .Ingvlar, Includ'ng III and .ingular Ihl income. prolit.. '"ue. end revenue. Irom wh"ever
'Ol'ree derived. each and '!Very 01 which, il being expre..ly undo"tood. ia hereby morlglged II if .pc;!icolly .et lorlh and de.cribed in the granting and
habendum c1av.e. hereol, end .uch Receiver Ihall hIve .11 Ih. broad Ind effecliv. fvnclion. .nd pow.r. in .nywill enlrvlled by e Court 10 . Receiver, and
.uch appoinlmenl ,hall be mado by 'uch Covrl a. In .dmllled eqvity .nd I mailer of Iblolule ,ighl 10 lIid MORTGAGEE, Ind withoul relerence 10 Ihe
adequacy or ;'1adequacy of th. value 01 the p,oparly morlg.ged 0' to the IOlvency or insolvency of lIid MORIGAGOR or Ihe defendanll, and that .uch
renl.. prolih, income, illuel .nd ,evenve. ,hall be applied by .vch Re:elver Iccording 10 Ih. Ii.n 01 eqvily of uid MORTGAGEE a'ld the practice of .uch
Court.
8. To dvly, promplly .nd fully pe,Io,m. diachltge. execute, .ff~t, complale. comply wilh Ind .bide by o.ch Ind eve,y Ih. .tipulalion" .lI,eement.,
condition, and tovenanl. in .aid promillory not. and Ihi, mo"Il"llo '01 fOllh.
9. ThaI in Ih. evenl Ihe owne"hip of Ih. morlgaged p'..mi..., 01 any pa,t lhereof, become. velted in 0 pe"on other Ihan the MORTGAGOR, the
MORTGAGEE, il. 'ueceIlO" Ind IlIigns, mey, withoul nOlice 10 Ih. MORTGAOR. deol with .uch 'vccellor or 'uccello, in interesl with relerence to .hi.
mOrlg.go and the debt hereby .ecured in Ih. ..m. mlnn., .. with Morlgagor wilhoul in .ny wlY vitiating Of d'lCharging Ihe "".ortgago,,' liability here-
under or vpon Ihe debt hereby 'ecured, No 1110 of Ihe premi... hereby morlg.ged Ind no forbe.,.nce on Iho parI 01 Ihe MORTGAGEE or il. .ucce"or.
or '"ign. and no ex ten. ion of Ihe lime for the plymenl 01 Ih. d.bl hereby ..cured given by lhe MORTGAGEE or its 'vecello" or all:gn., .h.1I operate
to rele.... di.<harge. modify change or .lIeel rhe oriilin.1 liability or Ih. MORTGAGOR herein, ollr.r in whol. 0' In plrl.
10, It i. 'pecilically agreed Ihal lime i. of Ihe enence of Ihi. conlrocl a~d Iha: no w.lver of Iny oblig.lion herevnder or of Ihe obllgalion .e-
cured hereby ,hall at any lime therealler be held to be . wliver of Ih. lo,m. hereof or ,,: Ihe inal,vm.nl .ecvred hHby.
11. In addlt:on 10 the foregoj,lg monthly payment, of prine-pal and interet' required by the promissory note secured hereby, mortgagor covenants
and agree. to pay to mvrlliag.. with each monrhly paymenl an add,tional Ivm ellimared by morlg_lilee 10 be equal 10 1/12 01 the annuol coli 01 Ihe 10110'''..-
ing:
k., Ail real properly IlXe. I..vied or ."...ed againll Ihe .bov. de.cribed ,eal e.t"e,
B Prenliurns on fire and winds'orm inluran,e .1 herein required 10 be carried on Ihe improvements situate on the above described premise).
C--Prerniums on such morlgage gUAranty insurance as morlg!gee ,h. II from lime to lime deem fil 10 carryon the loan .ecured hereby.
M:>rtg.goe .hall Irom lime 10 lime noilly morls; .gor in writi"ij of In.. .mounl due and payable hereunder and ,uch ,um .h.1I Ihereupon be due and
payable on rho due d,'e 01 Ihe n... monlhly peymenl .nd each ,ucc.llivo m.>nth ther~.lter until morlgagee .hall notify mortgagor 01 a change in .uch
amount. Such .urn. .hall be applied by rr.orlgagee loward Ihe paymenl of ,eal properly loxe.. insurance premium.. and mOrlgage guaranly in.urance
hereunto III hi, hand and ...1 rhe doy .nd year firsl .foreltid,
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STATE OF flORIDA
COUNTY OF
St
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LlIc:Je
B~Jor. mo personally .ppalted
Idella Baker Forbes, formAPly TdAlla
Iho Individu.l. deac,ibeO In Ind who .xeculed lhe foregoing inotrvmant,
~'!~fw""m' o-u'1 Y>! 1f~ RlitlA r; de 118.
wife 0 Ih~.aidP Jll~~YJ8Fge~
e..min.t:on by me laken ..pa..11 Ind .p.rt f,om her .lld hv,band. .cknowledged 10 and before
'arily Ind wilhoul .ny co:,'pul.lon. con,lrllnl, .pp,ehemlon. Of f.., of or from h~, ...id h<nblnd.
6th
surv V nil S20use 0 AvmOtil !.."I'! e r,
R 8 k A P , h. wtf'e, 10 m. wiWknown I kPlciwn 0 "'0 0 ~
and Kknowledgltd befOlo m. Ihlt thet execuled the aam. fo, Ih. p>lrpo.e.
Baker Forbes, ro~mArly IdAlla RAker,
upon I '"p"rol. and p,ivlte
me tnol ,he execuled ..ld Inll,umenl freely .nd volu:\-
A, D. 19-6+-
wrrtfrAA';..y. hind and ollici.1 ...1 Ihi-
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: ,,,tt ~ Sav;~. a.:- lo.n Anodlfion
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d.y of
S'"te of florid. II large
NOllry Public In Ind fo,
/ My Commllllon "xpi,...
J1381~Notary PubliC, State, of Florida at ltlr~e '.',
My CommiSSion Exptres April 24, 1965 ; "'.:,
Bonded by Amencan Surely Co ot to( '( '.."'.
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1%3 MAR -7 PH 3: 54
ROGER POITRAS. CLERK --(/
ST. LUCIE CO.UNIY. flat~
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