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3. To place .nd c('ntinuou.ly k.."p cn Ihe buiidi"{j' now 0' he,..fte, .ilu.l. on ..id I.nd .nd on .11 equipm.nt .nd ~rlOn.lly <o,.r.d by 11,1. mortg'
.ge, with .11 premiuml ther~on p.id in full. fir. intvr.oce in the ulu.l If.ind..rd policy form, In . lum 'pplo...ed bY' Ihe MORTGAGEE. u-:d windSl:>lln
imuronce in II,. UlUO' .I.ndo,d policy IOfm, in . .um .pp,oved by II,. MORTGAGEE, In ,ueh eomp.ny 0' (ompani.. .. lhe MORTGAGEE m.y
d"t:<t; and .11 fir. Ind windstorm inluranco policies on ony of ,.id l:xJildingl, any :n'.r." therein or p.rt thetwf, In the Ig9:e-Olte lum ~foreuicl or
ill ex..:eu the-teof, Ihall contain the ulval ,tlndard mortgage. c1IUI. or svch oth.r c1aule al the A'Oftgegee may requir.. making the Ivu under I",d poli-
cie.. eoch .nd "ery. payabl. 10 toid MORTGAGEE .. il. inler..1 moy .p~", and e.ch .nd .,ery ",ch policy ,1,.11 be p,omplly ... 1I".d .nd deli,ered 10
any held by "id MORTGAGEE II lurthe, .eeurity tn Slid mO'lg.g. d.bl, .nd, not Ie.. Ihan I.n (\0) day. in ."....nc. 01 Ih. ..pilltiOll 01 each pol,cy. to d~
li..er to laid A\OR:TGAGEE . renewal thereof, together with. receipt ior the premium of luch renewal; .nd there Ihall be no fire or windlto. m inlurln<.e
placed on any of laid buildingl. Iny interelt therein or plrt there-of, unlen in the form and with the 1"11 pay.ble .1 afor."id; and in the e'w'ent .ny Ium
of money become. payoble und., .uch policy 0' polic:.. .did MORTGAGEE .hall h.v. Ita option 10 ,ecei,e and .pply II,. 10m. on occount 01 II,. indebted.
,.en lecuted herebY' or to permit laid MORTGAGORS to receive .nd uae It o!' any p"HI theleot tor ofh~r purposel, '^ ;thvut Ihert'o, w-il\lif'g or Ilnp3:r-
ing ony equity, li.n or 'ighl unde, 0' by virlue 01 Ihi. m...'lgog.; .nd in Ih. .,.nl ..id MORTGAGORS .hall IN .ny ,..."n !ail to ke.p Ih. ..id p,.mi.e. .0
insured, or hil to deli'w'er promptly any of laid policiel of inlur.nce to said MORTGAGEE. or hil promptly to pay fully anY' prer.,ium thtrefor or in any
r..p.ct !ail 10 perfo,m. dilCharg.. execute. .IIecI, COmpl'I.. comply will, and .bide by 11", co,.nonl, N .ny po" hereof. ..,d MORTGAG[~ m.y plote a"d
p"y for such insutance or any part ther~of without wlIiylng or .ffecting any option, lien, equity. or right under or by virtue of I:,il Mortgage, and the
lull amount 01 each and e",y ,ucll paymenl 11,.11 be imm.dial.ly due .nd payabl. .nd .1,.11 bear inl.'e" from the d.t. the,.ol until p"d at Ihe ,01. of
ntOle pt:!t centum per annum and togethcr wi1h luch inlerest ,hall be secured by the lien of tNI mortgage.
.c, To permit, commit Of luffer no waste, Imp.irm~nt or deterioration of laid propelty Of .ny part there-of.
5. To pay .11 and singular the COils, char~es and expensel, including. re.lon!ible ,"orney'l fee and cous of abstr.cts of title, Incurre-d or paid at
ony time by .o,ci MORTGAGEE. Mcou.e 0' in tho .venl of tho failu,e on the part 01 II,. soid MORTGAGOR 10 duly, promptly .nd lully p.rfo,m, dilCh.,g.,
e)(('cute, effect, complete, comply With and abid& by elllch and e'w'ery the stipulations, agreements. conditionl. and covenantl of uid promiuory note and thi,
mortgage any or eilher, and said COUI, charges oJnd expenaes, l'ach and e...ery. ,t'\lll be imrr.ediately due and payable; whtth.r or not there be notice de-
mond. a!lempt 10 collecl 0' .uil p.nding; and Ih. full .mount 01 .ach .nd .".'y ,uch p.~menl .hall bear inl.r." "om II,. dile lhereof until p.id II the
r.Jfl' of nine per Centum pet annut":"l; and all said COSIS, charges and expons.e. incurred Of !llid, together wllh lu<.h intetHt, Ihall be se<uled by tho lien of thil
mortg.g..
6. That (a) in II,. evenl 01 <IOY b'..ch of thil MOrlgag. 0' delaull on 1M parI 01 II,. MORTGAGOR, 0' (b) in Ih. ."nl sny 01 ..id 10"'" 01 money
he,ein ,elerred to b. not p'omplly and lully poid within Ihirty (30) d.y. nul aIle' II,. ..m. ."erally Mcom. do. .nd payable. wilhout demand 0' nOlice,
or (r) in the event each and e'tlery the stipulationl, ogr..emenll, conditions and covenlntl of said ptomiuory note and th;I mertgage any or either are not
~uly, p'omplly .nd lully pe,lormed. d,lCharged. ,,,,<cule:!. eflecled. compleled, com,lied will, and .bided '>Y. then in .ilta, 0' .ny .uch e'ent Ihe ..,d .g.
gregate sum mentioned in s.id promiuory nole then rem.ining unpaid, with interell accrued, and .11 moneyl lecured hereby, ,hall ooome due and PlY-
oble '''Ihwilh. 0' Ih.r.afte,. II Ihe oplion 01 ..id MORTGAGEE. II lully .nd compt.t.ly .. if .11 01 'he ..id aum. of money we'. o,iginally "ipullled
to be ,.,.,d on .uch day. anylhing in soid p,omi..o,y not. 0' in thi, Mo'tglg. 10 tho conlro,y notwilh'l.nding; .nd Ih.,.upon or !hereafter al II,. option 01
,aid MORTGAGEE, withoul notice 0' demand. .uit .1 law Of in .quity, th.r.lo,. 0' Ihereofte, begon. may be p,o"culed II if all money. I.cu,od hereby
had m~tured prior to itl institution.
7. Thol in II,. ",en I thet .1 th. beginning of or at any tim.. p.nding any .uil upon Ihi. Mortgage. Of to fo,eelo.e it. 0' to ,elorm it, 0' to enlorc.
payment of any cloim. hereunder. I.id MORTGAGEE .h.1I apply 10 Ihe Cou,l h"ing IU,i.diction Ihareof 10' th. .ppoinlment of . Recei'e', .uch Court .1,011
forthwith appoint a recei'tler of laid mortgaged property all and singul.r, includ,ng all and singular the income. profitt, illuel and levtnuel from whatever
.ou'ce deri"d. each and every 01 which, il being exp,e..ly underllood. i. hereby mo'tgaged .. il I~cilically leI forth .nd d..crib..d in the grantl!lg .nd
hob..ndum clau.e. hereol, and .uch Rec.i,e, .hall h.ve III Ih. broad and ellecliv. funcI,c.n. .nd powe'. in .nywile enlru.I.d by a Co.,,1 10 . Reeei,er, .nd
.uch appointm.nl ,hall be made by luch Court.. an .dmill.d equily and a mall.' 01 .b.olule 'ight 10 ..id MORTGAGEE, .nd withoul ,elerence 10 Ih.
.dequocy or inadequacy 01 the v.lue 01 the prop"'ly mO'lgaged or 10 Ihe .ol,.ncy 0' imol'ency 01 ..id MORTGAGOR or Ihe defendonn. and Ihat ,uch
,.nn. profin, incom.. i..u.. and 'e,enue. ,holl be .pplied by luch i:ec.i,e, acco,d,ng 10 th. lien 0' equily 01 ..id MORTGAGEE .nd Ihe p,.ctice 01 auch
Cou,t,
8. To duly. p'omplly and fully perform. dioch.'g.. .x.cu'.. .ffect, complele, comply with and .bid. by each Ind .ve'y the "iputoliom, 'gr""menn.
conditions and covenants in laid promil$ory note and this mortgage Ittt forth.
9. Th.1 in Ihe event the ownership 01 Ihe mortga~ed premi..I. 0' any par' thereol, becom.. v.lled in . perlOn olhe, ,h.n the MORTGAGOR. the
MORTGAGEE, ift .ucce..or. and ani9n" may. wilhoul nOlice to Ihe MORTGA(..R. deal will, .uch IUcce..or Of aucceno' in ;nlere.I will, ,.fe,ence 10 Ihi.
mo'tgoge and the deb! he,eby .ecured in Ih" ..me manne' .. will, 1.'.orl9agor without in .ny w.y vilialing 0' diocharging II,. Morlgagors' liobility here-
under 0' upon the debl hereby .ecored. No ..Ie 01 Ih. premi... he,.by morlgoged .nd no lo,be.,once on tho parI of Ih. MORTGAGEE or ill ,uccenor.
0' a..ign. and no ex'~n.ion 01 .he lime for II,. paymenl 01 II,. debl hereby .ecored gi,.n by Ihe MORTGAGEE 0' ill 'ucc...o'" 0' a..ign.. .h.1I operate
10 '.1..... d"charge. modily change 0' affect tho original liability 01 the MOR'GAGOR herein, eilhe, in whol. 0' in parI.
10. It i. ,pecilically ag,eed thaI time i, 01 Ih. e....nce 01 thi, contr.CI and thaI no waiver 01 .ny obligation h..eunde, 0' 01 Ih. obligotion ae-
cu,ed he'eby .1,011 al any lime thereafte, be held 10 be a w.i,e, 01 II,. term, he,eol 0' 01 II,. imtrumer" .~cured he,by.
11 III cH:kJ,tion to the foregOing monthly payments of prine pal and inkres1 requited by the prom;uory note secured hereby. mortgagor covenants
and ag~e('s. '0 pay to mortgagee wilh each nlomhly payment ~n addilional lum eltima'ed by mortg<5gt:e to be equal to 1/12 of tn\! ar1nual cost of the fo!low.
109;
A- All real ~roperty taxes levied or a!S~sscd ago!'illlt the above describ-cd teal elf,,'e.
B Pr,,"lllurns on fire and wind.torm inlurance a, herein required to be carried on the improvement I situate on the aoo'v.e described premises,
(_ Pre,11ivll1S on such mortgage guaranty insurance as mortgo!igee shall from time to 'ime deem fit to carryon the lo~n secured hereby.
MOrfgagt:e sh.)!l from time to time nOlify mortgagor in writing of the amount due end payabl~ hereunder and luch sum shall thereupcn be due and
paYdb~c on the due date of the next monthly payment and each succeui'w'e month ther~after until mortgagee ,hall no!ify mortgagor of a ch~nge in such
~n,C'unL Such SlJlTI!o sh.:tll be applied by mortgagee toward the payment of real properly taxes, inlur.nce premiuml, and mortgage gUcHanty inlurance
.nd .eal the d.y and year fi"t alore..id.
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STATE OF flORIDA
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hla wile, 10 m. well k~~'~_'~'&."
m. that Ih.y exl!CUI~" :.a..a~~9fjJ$:tf'!!~
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Illl/:1 I.:; I. '. ".,.'."
COUNTY OF
St ,
Lucie
55.
Belo,e m. pe..onally
app..,ed
1>1 R r t h R S c h A f fer
.nd who .xeculed Ih. lo'agoing
EdHl1rd
Schaffer
iOlI,um.nl. .nd acknowl.dged befo,.
Martha Schaffer
Edward Schaffer
examin.:.lion by m. token up..al. and ,p~'! f,om her ..id h.'l,blnd, .cknowledged 10 .nd belo,. m.
to,ily and withoul .n'( compul.ion. cOOlt,.,nl. .pp,etan"on;-I6' fea, of or f,om h.r ..Id hUlbend.
WITNESS my h.nd .nd ollici.1 I.al thi._ ~vI ~ day of, _ MAY' cg .
'~_/-J cP, ~_L-C-
NOlary Public in
My Comminlon
the Indi...idual. de.cribed in
therein expreued.
And tho said
wile of Ih. soid
Re:vrn To:
Fi,'t Fede,.i Savinga & loan Ano,iolion
Of fo,t Pierce.
Fort Pierc.. Flo,id.
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.nd for tM St.t. of florid. ., le'g.
.xpj'.....otary pub.lie State of Flor:da at U';;.c
f'l 'E' 'r.", 3 l'JG:..
My commiss'on ~p,r,'s I,v " ,
Bonded by knlellCan ~uret)' 1...0. ell N, Y.
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fil rr ~lt'!O REL i\\l ILl)
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