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To plaa ~nd ooeuYMw~w1Y k~P on th~ bWldlnp~ now a lwMfN? N~uaN on wid land ~nd on ~11 pulp~nMM ~rd pKSOe?~Ily oovK~d by thb nwrq~ k:,
~p~„ wiM dl p~miunN tMnon paid h tvll, ftn M~wana ie tM wwl sandard Polit~? k~~ M• wn~ +pprowd bp tlw MORiGA~3EE. and wlnd~tonw ~
insw+nw M t h~ wwl atand~rd p d k
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t? N» MiORTGAGEE~ M wd~ aoMpanY p oa~p~ia a ~h. MORTGAGEE n+ay
dlr~ctj ~nd ~II fin M+d wind~torn~ Y+wr~?a policlM on ~n~? of aNd buildinpy any hN~Mt tM~~in a psrf tl~wf. in th~ ~pprpaN ~wn ~ta~wid a
In ~xuu tMnof, ~1w11 coM~in tM wwl qM+dard moApapN dwN w such alw daw~ as th~ Maq+pN ~Y ~k~, nwkir~ tir loa w+da said potF ~
ciN. sach ~d wKy. WY•bN a aid MOR?GI?GEE a in innn~l may app.a~ and e.d~ .nd svM? wdi Polic~? ahall b. pranp~ty ~u:qn~d .nd dtlivend a i.
a+y Mld by s+id NIORTGAGEE a fuhtwr secwity 1o s+id narpp~ d~W. ~eot la~ th~n an (1~ d~y~ h~dvana of ~M ~xpir~tion of ~acA P~K1?. to dr
liwr to Nid MORTGAGEE • nn~wd tMnof. top~th~t with ~ r~nipt fa Nw pnmiws of wch r~wdj M+d ths« ~
M t l b~ no fin w w i n d
stam inw.u~a ~ •
pbad on aey of atd buildinpa, any im~rNt tMnin a p~rt tFwrwf, unbas in tM Mnn ~nd with IM Iw~ pay~bl~ a~forsiaidt ~nd M th~ ~vMt ~ey swn i
of n+o~y Mcan~a payabl~ urdM wch po1M? a polici„ aid MORTCsAC.EE slwll Mw tM option to r~niw ~nd apply th~ ~ oo acoou~l of ~M tndebrsd-
n.~s s~cw.d h.nby a a pamir said MORTGAGORS ro no~iw a+d uw N w•~y p+rt ri~soi fo~ orlar purposes, without ~h~reb~ waivirg a~mpaw-
Mq any puity, IiM o~ riqht ur~ otby virtw of thi~ maq+p~t M+d in t1» ~wnl s~id MORiCsAGORS th+U (w ~ny rtata~n t~il to kNp tM saW pemi~ w :
insured. a f~Il a dellw~ promptt~r ~ny of said policiea of Gaurana to uW MORTGAGEE, a i~it promptly b p~Y fully ~ny pr~eniwn tMr~for a in My y``
nsp.cr f•11 a p..fonn, d~scMr~.. ~xavt~. ~ffttt, wmplNt, camply with uid abid~ by thit aovtMnt, a u~y pa~t hK~of, aid MORTGAGEE may pbce snd :
paY fw wch Miwrana w~ny put tMrwf wi~how waivinp a~ff~ctinp any option. IfM, pui~y. a rlpM w~de~ a by vi~tw of this Ntortpa~e. +nd tM
full seno~nt o~ Nd+ and ewry such p~ym~nt sh+ll b~ Gm~ediattly dw u~d prysbl~ and shall btu tnhrt~t fran the d~t~ ~her~of u~ntil paid at tl» ~an of
nte» per cMwm pK annum and topether with wch Interes~ ~MII be secv~ed by tM liu~ of this mo~tpap~.
To p~rmit, commit ar wff~r oo wat~, Mnpakma+t w d~tKiowtion of said propKty o? any p+rt thenof.
S. To pay all ~nd ~iigulw tM costs, cMrp~s ud ~xp«+w~, indudk+0 a reasa?+bb anorney'~ fN and cosn of absnacts of titl~, Mcwrod a p~W a
~ny fh» by wid MORIGAGEE, bscaus~ a h tM ~vM1 of tM (~ilun a? the put oF th~ s+id MORTG/1GOR to duly. P.o~~y «+d ~+ib ~«to.m. d~+ro~.
~xecvt~, ~HM. oompk+~, complY with u~d ~b'~ by ead~ u+d ewry th~ stipulsYans, ~pr~ments, condirions, ~nd aow~wnn of said praniuory rwt~ and tha
mortp+p~ +nY o~ e~ther. ~nd said coa~s. chup~a aod ~xpsnws, eid~ and ~vKy. sh+l1 M irnmsdiately dw and pay~blst wh~tFw a eot tF~e b~ notin dr
ma~d, ~»empt ro colkct w wit pendnp: and th~ fvll ~nount of ~~ch ~+d ewry wd? paymeot ah+ll bw intenat han tM d+» tMrwf until paid at Me
rat~ of nins per centum pa +nrwm: ~nd all s+id owts, chup~s and expMies incwnd a paid, top~~her with wd~ In~ut, ~11 b~ Ntur~d by th~ li~n of tha
:
6. 11Nt W In tM wN?t of any breach of this Mwqap~ a d~fwh on th~ put of Nw MORTGAGOR, a(b) ln tM ~wnt any of s+id wms of morny s~
I+K~tn nfar~d to b~ not promptly and fully paid within thirty (30) d+ys n~x~ aftK th~ s+m~ s~va~ly b~ca~~ dw and p+yabb. without dem+nd or notiu,
o. (d tn rM •wn~ .ach and w.ry Nw a~p„1•r~aw +~.«~.~n. cond~taos •nd oown.nn of uid p~omissory not~ uid this morty~pe ~ny w ei~M? u~ na I.: ;
iub. P?omPtlp aed fu11y p~rformed. d;sdwrqad. ~x~cvted. ~ff~cnd, con~pleted. ~omplied with and abided ?y. N~n In ~itMr w any auch ewnt tM s~id a~ : r:.
prt9+M wm msruiorNd in said promiuory noN tMn nmaini^0 unWid. with intereit ~tcn+ed. and ~II momys secwed her~by. sh+ll baaor~ dw u+d p~y- `
abls fotthwitf~, w ther~a8a, at tM optan of wid MORTGAGEE, u fvlty ~nd canpbt~ly u ti all of tFn wid sums o! naney wrre wipinally stiputated
ro b~ paid on wch daY. +eYthinp in ~+id promissory rwte or in this Mor~pap~ to tM contwry notwitMUnd'wp: ~nd thawpon w tMreaher ~t tlN option of
~aid MORiGAGEE. withow naic~ a damaod, wh at I~w w in puiry, thK~fon a th~r~after b~pw~, rrwy be prwecvted as if all maKya s~cw~d Iw~eby
Md 11Ntutld priOr t0 ib irotifuti011. '
7. Th~t ln th~ ~wnt that at th~ bs9ia?inp of or ~t any tim~ pendinp aMr wit upa~ this Mort9+~, w w fw~cloa k, w to nform N, or to a~fora~
p.ym.M of any ds&m he.wndsr. s.d MORTGAGEE sh.ll appy ro N~e Ca~r Mvinp iurisdkrio~ rhereof fa rh. appoimm~m of • Receiver, wch Cour~ shall ~
forthwith appoint ~ r~ceiwr of wid matpaysd prop~rty all wd urg~lar. kidudug all and sinpulsr tM k~oome. profitt, bsws and nvenws fran whsttwr
wwa duiv~d, sad~ and wery of which, it b~inp ~xprea+ly undsrstood, i~ hsreby mon9ap~d a if sp~c~fkally s~t fotth ~nd tMwibed in th~ ~r~ntinp and
Mbe~Nn dwsa Iwwf, and such Reuiver ahall Mw dl tFr broad and ~ffecttw f~nctans ~nd porvKS h~nywis~ entn»~~d by a Court to a Rec~i.w. u~d
~ WCF1 a~01ntrt1llft iIMI1 ~f mi~ by iVCI1 COYft N M~1t11tttd tqYify ~1~ a II~i1tM of ~bsolut~ riyM a wid MORTGAGEE, ~nd witl+ovt ref~raw w tM
adeq~racy « tn.d.quacy of ~M vafue of ~ p.ope.ry mo~pap.d a~ ro rh. wh?e~cy o? insdvency of ~aid MORTGAGOR or th~ d~fendann, uid tMt wch
renn, profits, inoon», bwes and rwenues sMll b~ ~pplisd by wd~ R~aiva aooordinp to tM li~n o~ puity of s~id MORTG/1GEE and th~ pradia of sud+ ~
Cowt.
TO d111y. P~~~PNY ~ f11~~Y PK~at~l~ ~C~1i~Q~• fX~Q11~. ~fflCf. COTP~f~~. OOfO~y WIt~1 Mld abll~f ~ Nth MId fWfY 1~M ~TiPtl~i~~Of1~r i~fNllIM1~. a•
,
aond'itiom and cov.nu?n in said promisso.y not• and Hw maryp. w~ farh. ~
9. Tha~ M Ni~ w.m fh. own.nhip of Nn nwrt~+pW Pnm~s• a any p~t fh.reof. b.oa+ws wst.d in • penon ah.r ~h.n th. MORTGAGOR. t1w
MORTGAGEE. Ns wocesson u~d +aipns, may, withovt ratia a th~ MORIG/WR, dwl wtth wd~ woas~or or s~xceuor tn iraerat with rtferenu to thi~ 3~.
mwt~~ ad tlw deb~ her~by s~cwed in the sarn~ mar~ y with Mortpapw without in airy? w~y vltiwtirp a di~chuyinp Mw Matp+pw+~ liability Iwrt ~:s
under a upa~ tM debt hereby aecund. No sal~ of the premias hsreb~r mwtyayad and no tab~ana on th~ part of th~ MORTGAGEE or in suaes~on
or usigns uid no ~xte~an of th~ tims fw ifw payment of tM debt ha~by ucw~d piwo by th~ MORTGAGEE or its svoces~on a assipro. sh+ll opaab
b r~aM. ~ifchupe, nwdify tharg~ or ~HK1 th~ oriyinal Ikbility of tlr IWORiGAGOR INt~ir4 NtFMr in who1~ or h put. 'w
10. It b sp~cifically ~pn~d that tim~ is of ths eueno~ of this aontract and thrt no waiwr of ~n~r obliqation her~wwJK o? of th~ obliy~tion sr
cured Mr~by ~hall at any tim~ Mereaftar b~ held to b~ a waivu of th~ n~ma Mr~of a of th~ M~strwmm s~wnd F~by.
- 11. In addition to th~ fwpoirg monthly paymenn of princ:psl and interest required by tM promiswry ew~e seoured Mreby, marty~ oov~n+nri
u~d ~prees to pay to monysyse with ~ad~ ma+thh paYrnaM an addition~l swn estimated by mortyapM to eqwl to 1/12 of the airw++l cost of th~ fdbw-
A-All real prop~rty t~xes kvied a assassed agaimt tlw ~bov~ desvibed real tst~te. .
6-Premiums on fir~ ~nd wirdstorm imursno~ ~s hsrein reqvired to b~ carried on tM improwewnb sitwts on tht ~bov~ desuibed pranhp.
C-Pruniwm oe sudi morty~ps pwranry inwrance as mortg~ye~ sh~ll from time to Yrm de«n fit ro wry on th~ loan wcw~d I~~by. . -
~ Morty+ye~ sh+ll from time to time notify matpayw in writinp of th~ amown dw and payabb h~rwndw and wch sum sh~ll thenupon bt dw and iri
payabb on the dw dat~ of the next monthly payme~t u~d each waes~iw month tMreafier until rnortyape~ il~all not~fy mortyapw of a clwg~ in wd~
. ~w~oirnt. Such wma shall be applisd by mortys~ee taward ths p~yrrKnt of r~sl property tau~s. iraurana p~rnNwes. and morf~ap~ ~aranty irowana
P~~- F
IN WITNESS WHEREOF, the said MORTGAGOR h~s herauMO s~t hia hand ~nd wd tM day and fLst afw~id. ~iT
Sipnad, and deliwred tM prae~a of:
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STATE OF FLORIDA ~ -
S Lucie } ' ~
couHrr oF
~ ~~,,,,,h ,~,d John S. Rell ' . = = , ,~,a ,
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Pat ty C. Kell ws w~t., a n~. w~el~ known N+d ~f ) ~~r.q. ba '
tM Ind'ividwb dau~d M and who ~x~cut~d tlr forpoir~p i~M, and ~duio~wl«l~~d b~fan n~ thal th~y ~u~ait~d NM',p~;{~~r•1~. pJr~°!NI'•:, ~'f.
-a .r J J• .
Patty C Kel~
elwrdn ~xpnwd. Md ti» •dd ~ : '`•'%6'L"'"~ ; N
wii~ of th~ w1A JQtl71 S 1{@ZZ '~P~'~ P~~M
e:a~ni~ytion by m~ sa4M a~pu~ ~nd apirt fran hw wid 1wsb+rd. Kknowbdpd b and bdon nM thN sh~ ~x~ahd sai~inttCra~eu:~rit11l~
wi~ ~nd without ~nY con~bfoq. aonstwiM, ap~io~or f~ar of or iraen Mr ~aW Iwwbr~d. o'i-~ - c-~.:t ua ' i'
wITnESS my h«d .nd offtd.l wal ~hk d.y of J~~ L8i^R ~ ' ~;s
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~ NObfy PYb11C MI M1~ fOt t~M Sbt~ ~~Of~~~~~~. -
11~Cr~~~i`-~~~`~' Mr commi..~on .~p~~ • r,~ _
R.~xn Ta Notary Pubtlc, Stat~ot~FlbNda at Large
~ ~ ~ C~ `n ~ ~e (+rnn r~ My Comm~ss~on Expires iJOV. 3, 1965
t~__i. n:.il IiLLL.~~Gr v Bpnded by American Surety Co. of N. Y.
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f o~,~ =ot ROGER POITR~S. CL~RK °
! ~'b-~%`n ~ ST. IUCIE COUNT~. FCOftIDA ' F
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