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58 fAil 526
3. To pl.c. .nd contlnvov./y k..p on tl>e 1xII1d!"ll' n?W 0# ..s1M!.lr U/J[;. ~lJIljj Il,..jf;Yqn .11 equlp".nt .nd p....:n.lly coy.red by Ihio "'orlg'
oga. with .11 ptemlum. thereon paid in full. fl.. In.u..nc. in tn. \I.u.1 'Irllnd..d polOey, fo_. In . .um .pptoy.d by rho MOlllGAGH, .nd wind,'orm
In,u..ne. In tl>e u.u.1 .,.rdard policy fO(l". In . .um .pprov.d by tl>e MOIlTGAGEE, In .uch company 0' compani.. a. ,h. MORtGAGEE m.y
direcl; and all fira .nd wind,'orm INu..nea polkla. on 'ny of ..Id 1xII1di"ll" .ny Intara.. th.r.ln O' pa,t Ih.reof, In II>e .ggr..g". .vm .fo,...id 0'
In uc... Ih.reof, .....11 cont.ln the v.u.1 .t...derd mo<t~eg.. clau.. 01' .veh othe, clau.. .. tl>e Morlg.ge. may r.quir.. m.ldrg lhe Ion undor ..,d poli.
ti.., OIch .nd .v.ry, pay.bl. to uld MORtGAGEE a. I'. Inl.r..1 mIlY .ppe.'. .nd ..ch .nd .v.ry .IKh policy .10.11 be promplly ...,gn.d .nd d.liy.red to
.ny held by ..Id MCRTGAGEE .. fu.,h.r aecurlty 10 ..Id morlgag. debl, .nd, no' la.. 'n.n '.n (101 d.y. In .dv.nu of the expi..tion of ..ch pol;cy, '0 d~.
livor '0 .aid MORTGAGEE . r.new'al 'l>ereof. tog.'h.r with. ,ec.lpt for ,h. premium of .uch ren.w.l; .nd Ih.re .10.11 be no fir. '" wincillo,m in'v..nce
pl.ud or .n)' of ..Id b...lld'ing., .ny Inlere.t tl>er.in 01 pe.t th.reof, vnle.. In tl>e form .nd wi,h 'h. lOll pay.ble .. .fol.uid; .nd In tha evenl .ny .um
of monet be:omel p.y.ble under "'th policy Of poli<le. ..id MORTG".GEE &h.1I n.v. II>e op'ion to recelv. .nd .pply 'he ..me on .ceounl of ,he indebted.
oe.. .eevr.d hereby 01 10 permit ..id MORTGAGORS to r_",.ly. .nd u.. It ot Iny pa,t '"ereof fo. otner pvrpo.... withouI Iher,.o( wa,~i"g or ""p",.
I"\J .ny equily, li.n Ot ,i~hl undar or by virtu. 01 Ihl. mor'~.>l'; .nd In tn. .v.nl ..id MORTGAGOllS .10.11 for .n\' re.1On f.1I to keel' the .aid premi.e. .0
i".ured, or fail to de live. prompll)' .n)' of ..Id poli<le. of lnaur.ne. to ..Id MOIlTGAGEE, Of fail rromptly '0 pay lully .ny premium lI.erefor or in any
r.'~c' f.Wlo perfOfm. di.ch.rll., UKut., effe<'. comp!1t!e, COfi'lply with .nd .bid. by Ihil cov.n.nl, or any pa,' hel&of, ..id MORTGAGEE may place a"d
p.y for .IKh in.ur.nn or .ny part tl>er.of wi,houl w.IVI"ll or .ffecting .ny oplion. li.n, equi'y, or ri~hl und.r Of by virlv. of ,hi, Mor'g'lla, .nd Ih.
full .mounl of .ach .nd .very .veh peymanl .shall be imm.dl.'el)' due .nd pey.ble .nd .hell be.r Inter.,' from the d.te ,hereof until paid If Iha r.te of
nino ~r centum 1'.' .~num .nd 'og~lhar with .veh b'.r..' .h.1I be .<<vred by the Ii.n of thi. m<'lftg.~a.
4. To pe,mil. commit or .uffel no w."e, Impelrment Of de'erior.'ion of ..Id p,ope,ty 01 .ny perl 'hereof.
S. To p.y .11 aoJ .Ingul., Ih. COlli. che,g.. .nd .xpen.... lnebc!i"ll . r...on.ble ."orney'. fee .nd co." of .b.tr.ch of till., Incurred or paid at
.ny lime by ..id MOIlTGAGH. bec.u.e or In tl>e ov.nl of 'h. failur. on lhe parI 01 Ih. uid MORTGAGOR '0 duly, promp,ly .nd fully ".rlorm, dilch"ge
"KV'.. effK!, complel', comply w.,h .nd .bide by ..ch .nd .very tl>e .tlpul.'ion., .grum.n", condition., .nd covan.nll of ..id promillory note and thi,
mOflg.~a .ny or either. .nd ..id co. II, chug.. .nd .xpen..., e.ch .nd .very, .h.1I b<o immedi.'ely dua .nd Ply.ble; wh.'l>er or nor ,here be nolice de-
mind, ~Ilempt '0 collect 01 .uil p.ndi"\J1 .nd tl>e full .moun' of ..ch .nd ..-.ry .ucl\ p.yment .h.1I be.r intere.t from ,h. d.le lhereof unlil p.id at the
rale of ni"a per ce"tum pc~ ....num; .nd .11 ...id COli'. ch.rga. .nd .xp.n... Incurr.d 01 p.ld, tog'lher wi,h .uch int.r..', .h.1I be IKured b)' Ihe lian of ,hi,
mot'g.".,
6. Th.t (.) in Ih. .v.nt 01 .ny br..ch of Ihl. Mottgoga 01 d.f.ult on the parl of tl>e MORTGAGOR. or (b) in In. .venl .ny of &aid .vm. of money
her.ln referred 10 be nol promptly .nd fully p.id wilhin thi.,y (30) d.y. nexl .fter ,he ume leycr.lly become dve .nd pay.ble, without dem.nd or notice,
or (C) In ,he evan' e.ch .nd ever)' Ih. .tipul.'ionl, egrHmer,il, condilion. .nd cov.n.nll of ..id promi..ory not. .nd ,hil mor'llage any or .ither .re not
~uly, ptomp'ly .nd fully perfotmed. d'.ch..~.d, execvted, effected, compleled, complied wilh .nd .bided "'1', then in .ilher or .ny .uch event 110. ..,d ag'
greg.te .um m.nlioned In ..id promi..OIy nol. 'l>en r."",ini"ll unpaid. wi,h In,.,..1 .ccrued. .nd .11 moneYI ncured her.by, .10011 become dv. .nd pay.
.bl. forlhwith. or ,l>er..fter. .t Ih. oplion of ..id MORTGAGEE, .. fully .nd complelely .. if .11 01 ,he ..id .urn. of money were ori~inally IIipulated
to be p.'lid on .uch d.)', enythi"ll in ..id ptoml..ory no,. or In thi. Mof1g.ge '0 ,h. contr.ry nOlwith.l.ndi"lll .nd Ih.reupon or there.fter ., Ihe option of
..Id MORTGAGEE, withoul no'ic. or dem.nd. .ult .1 I.w 01 in equily. IMrefo,. Ot th.ra.fter bogun, may be pro.ecu'ed .. il .11 money. ..tured hereby
had r.,.'ured proor to ill Inllitv'ion.
7. Th.' in Ihe event th.t .1 'ha beglnnio.g of 01 ., any tlm. pe,.,.;iY,/ .ny '\1.11 upon 'hi. Morlg.ge, or to foreclol. It. Ot 10 reform i', or '0 enforce
p.yment of en)' claiml hereundar, "id MORTGAGEE 110.11 .p;:!y t~ -'!p Covr' n.vi"ll lvrl.clic'ion thareol for lhe .ppoin'ment of . Receiyer, .ueh Courl .hall
forlhwith,ppoin' . receiv.r of ..id mO"J.ged p,operly .11 .nd .1"\Jvl.., 1r.;lud,"ll ell .nd .ingul.r lhe income, profill, i..ue. .nd revenve. from whatever
.ourca derived, each .nd .vary of which, it bein~ .xpreuly unde"lood, i. I>e,eby mor,g.ged .. If .pecifieolly .e' fOrlh .nd de.cribed in Ihe gllnling end
habendum cI.u.e. hereof. .nd .uch Il.~eiyer .h.1I n.va .11 ,he bro.d .nd .ffKtiv. function. .nd pow." In .nywi.e enlrulled by . Covrl 10 . Receiver, and
.uch .ppointmenl .hall be m.de b)' .uch Court.. .n .dmilled .qui'y .nd . malt., of .;'.olu'e 'igh' to ..id MORTGAGEE, .nd without reference 10 Iha
.dequac)' or inadeqvac)' of ,loa valua of ,he property morlg.g.d or to ,he .olveney or insolvency of uid MORTGAGOR or 'he defend.nts, .nd that .vch
rent., profi'., income, IlIu.. ..ld revanue. .h.!1 be .pplied by .uch Rec.lver ,ccOldi"ll to II>e lien 01 equity of ..id MORTGAGEE and Ihe prac'ic. of .v<h
Courl.
II. To duly. p,omp,ly and fully perform. diach.rg., eXKu'e, .ff.ct, compl.t.. comply wi,h .nd ebld. by ..eh .nd every the I'ipulation.. .greement.,
condition. and COyenanl. in ..id prominory no'. .nd Ihi. mor'g.ge .et for,h, '
9. That in Ihe evenl Ihe ownenhip 01 tha mortg.ged pr.mi..., or .ny p.rt tl>ereof, become. veiled In . perlOn o,l>.r th.n 'he MOIlTGA00R, ,h.
MORTGAGEE, III 'uCCe..".. .nd .nign., may, withoul no'ice 10 Ih. MORTGAOIl, de.1 wilh .uch .veteUor 01 .uceeuor in inlere.1 wilh reference 10 this
mortgage .nd the debl her.by .ecured In 'h. ....'. m.nner .. wilh Mortg.gor without in .ny w.y vlti.ti"\J or d,l(harlll"ll the Morlllagon' liabili'y here-
under or upon ,he dab' h.r.!>)' IKured, No ..Ia of tl>e.pt.mi.a. n.r.by mortgage<! .nd no forbu..n<:e on the per. of Ihe MORTGAGEE or ill .uceenon
or ...ign. .nd no exten.lon 01 the 'ime for the p.Y/'Mnt of Ihe d.b, hereby .ecUled glv.n by lhe MORTGAGEE or it. luceeuo.. or ...ignl. .hall operate
10 r.I..... diJch.rg.. modily cn.nge or .ffKt Ihe orlgin.1 lI.bility of I~.. MORTGAG:>R I>e,.in. .Itl>e, in whol. or In part.
10. " I. lpeciflc.lly agrHd the, time I. of the ....ne. 01 thl. cenlr.d .nd th., no w.lv.. of .ny obligolion h.reunde, or 01 ,I>e obliga'ion .e-
cvred h.reb)' Ihall ., .ny time Iher.."., be l>eld 10 b. . w.iver of the t.rma l>ereof or of tl>e Inllrumen' IetU,ed herby.
11, In odd;li"n '0 'he foregoi"ll monthly paym.nt. of princ:p.1 .nd in'er...t reqvired by ,h. prominory note .ecured hereby, mOttgagor coyenonl.
and .gree. 10 pay '0 mor'g.g... with each monthly p.ymant an addition.1 .um elli:n.ted b)' mottg.gae to be equal '0 1/12 of ,he annval co.t of Ihe follow,
ing:
A-All real properl)' tue. levied 01 .....11'd .g.in.t tl>e aboye d.actibed ...1 eat.'e.
B-Premium. on fire and wind.torm in.ur.nce .. ~..reln required '0 be carried on the improvementl .itua'o on ,he .bove described pre mi. e.,
C-Premium, on luch mortgage gu.r.nly In'L"!~Me .. mortg.gee Ih.1I t'om 'im. to 'ime deem Ii, '0 carryon 'ha lo.n .eevred hereby.
Morlgagee .hall from time '0 time notify mor,iogor in writi"ll of the .mount due .nd poy.bla horev"der and .uch .um .h.11 'hereupon be dve and
p.yable on ,he due d.le of the ...ex: mon'hly paym.,,' .nd each .ucceuiv. month Ihereafter unlil morlgagee .hall nO'ify mortg.gor of a ch.nge in .uch
amovnt. Such .urr.1 .h.ll be applied by morlg.gee low.rd ,I>e p.ymen' of raal prope"ty tbUl, lnourance premium., and mor'lI.ge g')alln')' in.vrance
premiums.
hereunto .a: hil h.nd ond .eol
IN
STATE OF FlOIlIDA
~
St. Lucie
Paul H. Tausch
Franoe 8 W. Tau8ch hll wif.. to m. well known .nd known to me 10 be
,he Indiyidu.l. d..crlbeQ In .nd who executed the fOttgol"ll lnolrum.nl. and .cknowledg.d before me thaI tl>ey utcUI.d the ume for II>e purpo.e.
Franoes W. Tausoh
Paul H. Tausch upon a lep.r.la .nd ptivat.
...min.tion by me tek.n ..par. Ie end .p..t from he, ..id hv.bend, .cknowledg.d 'e. .nd befOt. me that Ih. ueculed ..Id Inllrumen! IrHly .nd volvo-
I..ily .nd wilhout .ny compul.lon. con.'r.lnt. .pp,.hent~ fear of ot fron; he, ..Id hu.bend,
WITNESS my n.nd .nd offici. I ...1 this "~ day of
COUNTY OF
Before ~ p"tloMlly eppeered
Ihereln exp'eued.
wife of the ..id
And lhe ..Id...
Raturn 19'
Firat Fotd.r.1 S.ving. .. lOlln AuotI.liO!'\
Of Fort Pi.rce.
ForI Pierc., FIOIId.
Not6:y POOIi<. State Gf r-Jorida al ~rqt
1.43884r (ommil~ion Expire} Mm~ 10,. 1965
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