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3, To pl.ce end contlnvov.ly k..p O<'l the bulldinge now or Mreeft., .Itu.lt.l on a.ld lend end on all eqvlpm.nt and penonally cov.r&<! by Ihi. morlg'
age. ",ilh ell premlvm. Ihere'>O paid in fvll. fire Inavranc. h Iha u.vel at.prd polky form, In a avm approved by I~ MORTGAGEE, .nd wind.torm
lnourenea In the ulvel Ilenderd policy form. In a Ivrn apprOved by ,heo,\oIlTGAGEE. In .uch comp.ny or compenla. II Ihe MORTGAGEE mey
direct, and all fire and wind.torm Inlvr'n<. pollclea on any of uld aulldinga. any Int.r..1 lhereh or p.,t thereol, In lhe eggreg.le Ivm eloreuid or
in axcen thereof, ...." cont.ln It. ",u.1 ".nderd mo<tg'9'. cl.u.. or luch other e1eu.. .. th. Morlgeg.e mey require, meking Ihe Ion under a>,d pol'.
cie., .ach .nd "very, pey.bl. 10 a.1d MORTGAGEE.. ila Inler..1 m.y .ppeer, and eech eoO every .uch policy .h.1I be promptly ....gned and d.li,....d 10
.ny held by uld MORTGAGEE .. Ivrther .ecurity 10 .ald mo<lgage debl, and, nol la.. Ihan Ian (101 daY' In advance of lhe expiralion of each policy. 10 d&-
livel 10 uld MORTGAGEE a renewal Ihareof. logather with a recaipl fa! tha pramivm cf avch ranawal; and Ihera Ihall be nO lira or wi,ld.torm inluronc.
placed on any of uid building., an)' Int.....1 Iherain or pert Ihereof. vnla.. 1<1 lhe fonn and wilh Iha Ion payable II aloreuid; and in Iha evenl any .um
of money becoma. payabla vnder .ud> policY or policla. uld MORT(:60EE Ihall have Ihe oplion 10 rKeive .nd apply Ih. ume Qn accovnt 01 the indebled,
neu .ecur&<! her.by or 10 permil uld MORTGAGORS 10 recalv. and uN 'I or any parI Ih.reol lor olh.r pvrpo.... wilhoul th ,,,.by walYi,.g Of I."p';,'
ing .ny equity. lien or righl und.r or by virtue of thl. mortgage; and In Ih. evenl wid MORTGAGORS .hel! for .ny reurn feil 10 kup Ihe .aid premi.e. .0
in.ur..d. or fail '0 deliver promplly any 01 uid policl.. of i;lIurence 10 uld MORTGAGEE. or hil promptly 10 pay blly any pr.."ium th.refor or in tny
ra'pe<:1 fail 10 perform. discharga, aXKvla. elfecl. complele, comply wilh and eOIde by thIe c;oyenanl, or .ny part h.reol. .aid MORIGAGEE may place aod
pay lor auch In",rance or any perl theraof wilhovl waiving or alfecling any option, I~. eqvity, or righl vnder or by virlue of Ihi. MOrlgage, and Ih,
fvil amounl of .ach and every such paymanl shail be immediately dva and poyable and ....11 *' InIH"1 from Ih. date Ihereol vnlil pa,d al ,he rale 01
nine per unlvr<l per annvm an~ togelher with .vch intere'l .h.1I b. .ecvred by the 1iM! of tJ>ia cnortg."
.c, To permit, commit .x .uff.. no w..ta. Impairmenl or deterioralion of Mid property or a.'y pen IMreof,
5, To pay all and lingvlar lhe CO.I.. chargea .,nd expense" 1"e1vdlng e renonable e"orney', f.. end co." of ab.lract. of lille. Incvrred 0' p.id al
any time by uid MORTGAGEE, beeaule or In Ihe event of the failvre on Iha parI of Ih. uid MOIHGAGOR 10 duly. promplly and lully perform, d,scharge.
axecute. ellecl. complele. comply wilh end abide by each and every Ihe slipvlalions. agreemen". conditions. and covenant. 01 said promissory nole and Ih,s
morlg.ge any or eilher, and uid co.". chuge. end upen.... each and every. ,hall be immedialely due and payable; whether or not Ihere be noLce de
mond, allempl 10 collect or avil pending; and Ihe full amounl of each and IVlry ,uch paymenl .hall bear Inter..1 from th~ date Ihereol vnlil pa,d at I'"
'ale 01 nine par cenlvm per .nnvm; end all uld co.I.. ch.;ge. and expen.e. Incurr&<! or peid. log"her wilh .vch inter.'I. .hall be .ecured by the I,en 01 Ihi.
mortgage,
6, That (al in the evenl 01 .ny l>ruch ~f Ihi. Morlgag. or delavll <>n the parI 01 Ih. MORTGAGOR. or (bl in the uvenl any of ..,d sums 01 money
her..in rolerr&<! 10 be nol promplly and fvlly paid wil:,in Ihirly (301 day) hexl alter Ih. ..me .everally become due and payable. wilhou' demand or n"'ice,
or (e) in the event each .nd ev.ry the Itipvlationl. agrHmenrs. conditions and covenanh of said promiuory not. and ,hi, mortgage i'ny or either are not
july, promplly and fvlly perform&<!, discharged, execvI&<!. effected. complelad, complied with and abided 'oy. 'then in eilh.r or any SL.ch evenl the .lid eg.
gregale .vm ",.nllonecl In uid proml..ory nOrl Ihen remaining unpaid. wilh intere.1 accrved. and ell mof'ey. ncured her.by. .hall become due and p.y'
able lorlhwilh, or lherealter, al Ihe oplion 01 uid MORTGAGEE, AI fvlly .nd complelely AI if all of Ihe .aid .vm. 01 money were o"ginally "'pulared
to be peid on such day, anylhing in uid promiuory nole or in Ihi. Morlgage to Ihe contrary notwlth'landing; and Ihereupon or Iherealter al the or' ,on 01
,aid MORTGAGEE. wilhovl nolice or demand, .uil al law or in eqvity, Iherefore or therealrer begvn. may be prosecvled .. il all money. .ecured hereby
had matured poor to it. institution.
7. ThaI in the event that at the beginning of or at any time pending any Ivil upon this Mortgage, or to foreclose it, or to reform it. or to enforce
paymenl of any claim. h.revnder. uid MORTGAGEE .hall apply 10 Ihe Covrl having jvri.diction Ihereof for tfft- appoinlrnent 01 a Receiyer, .uch Courl .hail
fotthwith appoint a receiver of laid mOrlgeged property .11 and lingular, inclucLng all and singular the incom~ profits. issues ~nd revenues from whdtever
IOvrce derived, each and every 01 which. il being exprp-"ly vnderslood, il hereby mOrlgaged .1 if .pec;lically .el 10rlh and de.cribed in Ihe gran.ing and
habendum clause, hereof, and such Receiver shall hav., all the broad Ind effective function, and power. in anywise entrusled by ~ Court to a Recei,'er. "n(~
.uch appoinlmen! .hall be made by .vch Courl u an admilf&<! eqvily and a "",lIer of ab.olvle righl 10 .aid MORTGAGEE, and without relerence 10 Ihe
adequacy or Inadequacy of Ihe valve 01 the properly mortgag.d or 10 Ihe .olvency or in.ol~ency 01 .aid MOR IGAGOR or Ihe defend an", "nd Ih.t .uch
rents. prollt.. income. inve. and revenve. shail be applied by .vch Receiver according 10 the lien or equiry of ..id MORTGAGEE and the pr.ctice 01 luch
Court ,
,
8. To dvly, promplly and Ivlly perlorm, dileh.rge, execute, ..lIecl. compl.te, cc.mply wilh and eb;d~ by each and every Ih.. "ipvla'ion., agreement.,
conditions and covenants in laid promissory note and this mortgage set forth.
9, ThaI in Ihe evenl Ihe ownership 01 Ihe morlgalled premi.... or any part lhereof. ~comel ve.led in a person olher Ihan Ihe MORTGAGOR, the
MCR:Y0AGEE, ill luccessor, end anigns. may. without notice to the MOR:TGAOR, deal with such Ivcceuor or Successor in interelt with reference to th:s
mortgage and the debt hereby lecured in the same manner as with Mortgagor withoul in any way vitiating or disch~rging the "'\orI93gorl' liability here.
vnder or vpon the debt hereby .ecvred. No .ale 01 Ihe pr.mi.e. hereby morlgaged and no lorbearance on Ihe pa.1 01 the MORTGAGEE or i" .uccessors
or ."ign. and no exlenlion 01 Ihe lime lor the paymenl 01 Ihe debt hereby ,ecvr.d given by Ih. MORTGAGEE or il. .uccessors or anign., .hall operate
10 releu., ditcharge. modify ch61lge or .lIecl Ih. original liability 01 Ihe MORTGAGOR herein, either in whole r)( in parI.
10, It i. .pecifically agreed Ihal lime I, of Ihe enence of Ihi. contracl and lhal "0 waiver of any obligation hereunder or 01 the oblig'lion Ie-
cured hereby .hall al any lime thereafter ~ held 10 be . waiver 01 the lerms h.reol or of the inllrumenl .ecvred herby,
11. In add:tic!1 to the foregoing monthly payments of prine.pal and interest required by the prom:nory note SCCl.ired h~,(:by. rnortg3gor co",'enants
and agrees to pa.,. to Mortgagee with each monthly payment an additional lum estimated h( mortgagee to be equal to 12 of the ar\'iuJI CO!l1 of the- toilo..,-
ing:
A--AII real property taxes levied or alsened against Ihe above described real estafe.
B-Prcmiums on fjre and windsto!'m insuran.ce as herein required to be carried on the improvements lituate on the abo'we described premises,
C-Pre.lliulT'Il on such mortgage guaranty insurance el mortgagee sh511 from time to time deem fit to c:.rry on 1he to.!r1 secured hereby_
Mortgagee shall from time to time ,lotify mortgagor in writing of the amount due and p3yable hereunder and 5l.ich sum sha:l thereupon be ril..!(, and
payable on the due d.3te of ihe next monthl.,. payment and each S'Jcceuive rr.onth there.Jftcr untit mortgagee shall notify mortgagor of d change in such
dlT;ount. Svch sums sha:1 be applie-d by mortgagee toward the payment of reai propert, taxes, insurance premiums, and mc..rtgdYt2' guaranty insurance
p:-e'niums,
IN WITNESS WHEREOF, Ihe .aid MORTGAGOR ha. herevnlo .el hi. hand and .eal Ih.
/ Signed, Sealed and deliver&<! in lhe pre.ence of:
lH1'..~tlr~S-~~~~~ \Y~~\lt\. \
~tb;.~ c-C. I{ to<. V -
w tne
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day llnd year first aforesl!lid.
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(1~(Seal)
(Seal)
(Seal)
(Seal)
Before m..
and
STATE OF JPUGml. ~\.\.A.'~
COUNTY OF L
SS,
Simpson
Arthur
Ann Simpson
hil wife, 10 me well kno.....n ar.d known to me to ~
Ih. individuals described in and who ..",vI&<! the foregoing inttrvment. end .,kno.....ledged belor. me th.t they ex.cuted Ihe .arne lor the p'-'rpo.e.
Ih.reln expressed. And Ih. uir! Ann SiJl'lPAnn
....Ho of lhe utd Arthur Simpson . upon a .eparate a.,d private
enminallon by me laken ..peral. and apert Irom her uid hvsband. acknowl&<!god to .nd Mlore me Ih.t .he ex,cvled u;d in.trumenl fr...ly Ir,d volun.
larily and wilhoul any compul.ion. cOnstrainl, appr"helsi</n. or fur of or from her lAid hu.band, ,'" ' . ';'1 -6
WITNESS my hand and official ..al Ihl' L _. \D day of March_______ r7~' iA:"D' "'~" 3
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114326 ~ N::':y ~vblic in .nd 1<:lO~a'1\.,c~t t.r04 . ", '
~ . My CornmiuiC~~-w(~ l'UBLlC. S'aie:01i~~~ York..I,
No. ~2,800Ye~ > .' , ,
,-<Jabbed in S,ltt~r.;'~t~, f, "
T."o E)(puell M.~-,ul:r }~. 1 ''"'''- 'J ". ,
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Fint Fedora I
Return To:
Savings -!. loan Anodation
Of Fort Pjerc~.
flU]) bNO ~ECOROED
1l.1"g[~i~t H~ltL 'lOOK
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ForI Pierce, Florida
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ROGER POITRAS. CLERK ~1
ST. lUCIE COUNTY, flORIOA &)i)
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