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To plaa ~nd oo~tinuowb k~P on t1» buildMq~ now o? Mn~iNr ~Nw» on s+W bnd ~nd on ~11 pu1p~N ~nd pasawlh~ covrnd b~r Nrs n~ap~ '
p~ with aU p~lwn~ tlw~on Wid M ~v16 fit~ inwnnq M tM u~u~l ~d~rd Pdk11 for~, M ~ tun~ ~pprov~d b~? th~ MORtGAt3EE. ~nd wind~tonn `
irowana M 1h~ u~wl uwd~rd polic~I k~ In • sun~ ~PPrw~d b1? tM JNORTGAtiEE. N ~uch ~r a oon~pMlM M th~ MORTGAGEE n+~Y
dlncb and ~II Hn and windao.n~ tnwr~na P~~ ~+~1? of uW butld'wq~. ~nY Inf~ tlwNn a p~f thK~of. In ~M ~N sww ~faN+W a
In ~xc~a tM~~. ~MII oontNn tM wwl aandard n~o.pq» cl.u» a wch aMr clww N ~M Maq+~ a~y? nqvM~? ~+kMY N» ba w~dK ~+~d potF
dM. ucA awi .vwy. v~rab~M a wld 1NORt0AGEE « ta M?ar.at ~r ~pp~M. and wch .nd ww1? svd~ polihr ~MII b. p.anWhr ~d .nd d~Uwnd a
~ny htW b~r s~W MORTQJIGEE ~a fwt1+M NaKiIY to s~d maq+p~ d~b~. a~d, eot 1~ th~n t~n (1W !lay~ In advana of 1h~ ~cpk~tion of Nd? Po1k11. 1o d? ~
qvN to wid MOkTtiAGEE ~ nn~w~l tM~~of, top~thN witl~ a nc~ipl fa tM p~«nWn+ of wch nn~w~4 ~nd ~Mn ~11 b~ eo fin a wind~rorm Mawanc~
pl.ad on anq of wtd butld~+p~, ~ny tn~.a ~I~.tn a pwt N?K.of. w?1~ In tM torm and wNh th~ loa p+Y~bl~ a ~faa~id~ a+d N N» ~wM ~~r ~wn
of moMr b~con+a psr~bN w~d~? wd~ potic~r o? polkiN wW MORTGAGEE d~+ll Mw tM oWion 1o nalw ~nd ~pply tM ~wn~ on ~aoowu d th~ M~d~We~1~
~ss s~cw~d Mr~by a a pKmit ~aid MORiGJ1GORS to nalw M+d uw h a~ny part tM.wf to. aFw~ pwposa. wtrhow thK~by waivin~ a impata
~^0 +~+Y ~~b. li~n a riaht vedM a b~? vt~hr~ of thb nio~tp+pq and in tl» wMt wW AIIORTGAGORS ~Iwll fw w~y tw~on f~il fo kNp tM uid pr~nhes ~o
u?•w.d, a f.~i a a.iw.. ao~rti «~y o~ ..w ~~.s ot ~w.«+c. a..~a ~tc~c~~, a. ta~i w~M wr ~h ~r w«~ ri+...t« a w~ .~r
n~pect btl b p~rforn4 dixhu~. ~x~wt~ ~ff~cr. comPl~t~. aomplY with aid aWd~ by thts eov~n~nt. a~n~? pKt Mr~of, s~fd MORiGAGEE nwy pl~ and
P+Y for wd~ Maur~ a anp prl tMnof witlaut waivMq a afheti^? ~ oPtio~, ti~e4 puitl?. or rlpAt w~ a by vktw of thh Map+y~, w+d ~hs
fvll amount of ~ad~ ~nd ~wry wth p~yin~nt sMlt b~ inr+NdbNtr dw ~nd p~yabl~ u+d ~11 b~ MaK~st from tM d~t~ thawf unrU p~id .t tlw r•N a
nir» pN uetwn pK ~nrwm ~nd wpNMt with wth ii+tae~t sMll M wcwed by tM li~n of thi~ morp+pw
I. To pwn+it. ooew+~N a wffa no w~t~. YnP+Mnwet or dNKioation of s~W peop~rtp a an~? pr1 Ih~nof.
S. To p~y ail ~rd ~Inpvtu tM cab. cArW~ +^d ~xA~n~, indudMY a~soMbb +1ton~r's fM and aosM al ~bqr~ of tNl~, MiaKnd a p~ld ~t
.ey tM+. by s.id MORT(3l?GEE. ~.caw. or M rh. w.nt of Nw failun an rFr P+A of ~M s~id MORTGAGOR a dul~r. P~ro~hl +^d ~~h? P~?~~ d~+ro4
. ~xlCVN~ ~ffM. OOn~pifN. OOmp~r with M1~ ~bi~ dy Nth Mld ~Wfr 1~N {1ip11~ti01f~r ~f~MM11M~ OOf1~Ifb~K, N1d Opv/11~11M Of Nk~ pfO~1lsWly nON MM~ thb
~IWI~~~ Mlr Of th~M1. MM~ Mid COitt~. ChMQM ~f1d ~7tpNMMr NC~1 Mld ~Wfy~ i~N~~ ~ 1elYMdl~Nly d1N M1d ~~l 1M~Nt~Mf OI 1101 f~IM~ ~ IIWIp ~
IINf~, ifq!lq~f 10 OO~1K1 Cf W~f q~1g) iM~ f~M t{I~~ M1101M1? Of NC~1 NI~ ~'VMy MK~1 {f1r111~1M ~1M~ ~Mi~ blhffil Ef0111 1~M ~i1~ 1~I~f~ {KN~) p~b N 1~N
~aro of nin~ pK a~hrm pK aewwa+~ ~nd all ~aid eost~,. diu9a ~nd ~xp«ws inax~~d a p~id. topNhK wilh wd~ Mht~N. ~MII b~ Mt~~d by tM li~n of thN
morfp~. ~
' b. ThN W iw t!w ~wn of anr b.«ch of 11~ Map+p~ w d~iwh on tlr prf of fh~ MORTGAGOR. a~,) M tM ~vwN any of aid ~wns of nwn~r
1»r~in nf~n~d b b~ not pranptl~? ~nd fully patd within th&qr p0) d~ps nacf ~fiM tht san~ s~wnlly b~ooin~ d+~ and Wr+bM. wNlwiA dMn~nd a notio~.
~ or W In tM wMt fach ~nd ~w~y fh~ stiqrl~tions. pnem~nb. oondflioro ind oovNwM~ of Mid praniuory noq Mid tM nwrf~p~ ~ny w~i11Nr ~n nol
iu1Y. P~P~M and fi?Ilr pafa~md, d'acM.~d, ~x~an~d, ~ff~ct~d. ccmpwad. ca~ti~d with ~nd aWd~d ~r. M~n N~hlw~ a~ny wcA ~wnt tM ~aid ~g
~ pn~~» sum m~ntiard in uW p~anis+ory rwt~ tMn rwe+M~G+p w~paW, with int~at aarwd, and all mo~?s Ncvnd ha~by. slrll O~oo~n~ dw ~nd p~p '
•bb fathwith. w rh~naf~a, ~t th~ option of said MOR7GJ?GE6 p fully +nd aompNab a N a11 d tM wid w~n of moe»r w~n «ipin~ly aip~'.ated
w be paid oo wd~ dqr. +nythi^0 in said p.anbsory na~ a in this Mwqap~ w tM contnry nwwithq~ndinp~ and tMnupon a Nwwfw ~t tM option of
said MORTCsAGfE. without nWia w d~mwd~ wit at I~w or M puity. tlw~fon ar tMtwfN? b~p~M1, m~ b~ p~oMCVNd as If all mon~ps Ncw~d Mr~by
Md matund pnor w in Naitv~ion.
7. Th~t in th~ wu?t tMt at tM bpir+inp of or ~t +np ttin~ P~^~?^D +~+1? wif Wo^ 1~ Mor~Yp~. ar b foneloM M. a b erfam h. w to ~nfaa
WY~^t of ~enr da6m Iw~u~?d~r. s~W MORiGACsEE sh~U ~ppty fo tM Cowt h+vNp N+rhdiaioe tlw~rwf for tM appoinawwM of a R~aivK. wd~ Cowt s1u11
fortMrith ~ppotnt ~ naM? of s~id mortp+~d prop~tty all aod s6gvl+r. Mrcivd~q ~Q ~nd skipvlar th~ Moom~ IKOfiMM~ Mtw~ ~nd nwewa iroen wMtwt?
fourn d~riwd, wd~ and wwy of whkh it ba^a ~xPnulY wda~~ood. i~ Mnby mo~tpap~d N N ~p~cifiutlp Nt falh and davibd M tlr ~.antinp and
lybw+dw+~ ciws~s Fwwf, ~nd such Reaiver sM11 h~w •11 th~ b?o+d wid •ff~aiw funaion~ ~nd pow~~ In anywiw ~mnKtiid by a Cawt a. R~aiwr. ~nd
wch appotntmsnt sh~ll b~ made by wch Court aa an ~dmitNd pui~y ~nd ~ nwtN~ of absoluM ripM b s~id MORTG~?GEE. and withoul nhr~ w tlw
~ ~dequ~cp a in~d~qwcy of tM valw of tM propvty morqap~d a 1o tM wMnclr a inwlwney d said. MORTGAGOR w tM d~f~nd~ner„ and th~t wch
ro~~s. Profiq, inoon~, iauN and nwwa ~tl b~ sppll~d by wd~ R~aiwr aooord~g to fh~ It~n ar puNy of ~aid MORTGAG~ and th~ pr~cria of wch
Couet.
8. To du114 P~W~Y ~~~h? P~~. ~x~a+M. ~fhet. ao~npbhi, eon~pir wi~h and. aWd~ b~? MeA ~nd ~wer th~ ~tipubtion~ ~~n~nts.
oonditioro and oowr~was in s+id pamhso~r no~e ~nd tWa mo~p~ wt forth. •
9. 1lwt in tM wMM Ih~ ownership d tM. morlp~d P~. a+np Pat M~wf, b~oana vrat~d M• p~non o~hn th~n th~ MORTGAf'~OR th~
~ AbORTGAGEE. ifs waatan and ~aipns. m+Ir. witlwul ootio~ to th~ N10RTGAOR, d~al with wd~ woa~w? a w~ooa~w In ht~nst with nf~r~na ro tN~ ~
nartp~ and tM d~W I~~by s~cw~d in tM san» m~rwr a~ with Ma~p~por witlw~rl in anr w+tl ~~+Y p~+!~9~ ~~~9+~~' bability h~n-
under or upon th~ d~M liueby s~nx~d. No sale of ti+~ pninisa ha~r nwApaped and~ no forbwana on th~ part of th~ MdtTGI?GEE or fis wcoa~«s
' or assipea and no exqmia+ of tM tirn~ fa the p~ynnm of tM d~bt Mnby ~sa+nd piwn M? th~ MORTGAGEE or ib weoason a as~ip~r„ sh~il opu~t~ ~
to rslwe, disclwp~, modill? ~harg~ w~ff~ct th~ aipin~i li~biliry oE tM MORTCsAGOR hrreN~ ~iM~? N whob at h p~rt.
10. It b ~P~cific~lb pn~d th~t thr is of ti» ~ of thi~ oaMr~cf ~nd tlWt no walwi of any obNp~tion F~~wwlK o? of th~ ablipatbn sr
cur~d hsr~by afi~ll a1 any tinw thenafqr b~ held to bs a waiw of th~ t~nns Iwrwf or of the k~qrwmM wcw~d lwrbp.
11. In ~dditioe w tht forpoirg monthlf? WY~n ~ P~~+W~ ~nd iM~nst nqu~~d by tfi~ pramissorr eot~ a~cur~d Mr~by. wwrl~+yo? oov+n+ms '
u~d aprses w p~y to mortya~ with sach monthlY WY^n~^t ~n additional wn+ ~stinyNd by mwtpapN to b~ pwl a 1/iZ of th~ arwul aost of ths folbw-
. , , . . _ .
A-All ~~al pop~rty fucas Iwied or assess~d ~yafmt th~ abow daaribd rwl ~st~w.
b-Praniunu on fin and windstwm insw~na n haein.nqv~nd b M car?i~d on th~ improwin~M~ s11wN an th~ abov~ d„uib~d pr~niws.
, ~-PrNni~wns on wch ^+wtp+4~ pu+?~nt~r k~wrana as morpsp» ~tl from tin+~ to tinN ~!e«s flt b c~? on tAe toan wcw~d Mnby.
Mortyayee shsil fran tim~ to tLn~ notify mortpapor in writirg of th~ snatint dw ud paysb4 IwraMd~r ~nd svch sww sh+U IlNnupoa b~ dw and
papabl~ on th~ dw d+a of ths n~at mo~NNY WY~^t and weh woaaiw month tlwn~ha vntil ~norqpN sMll notif~r nwrtppa of a efMeg~ in wd~
amount. Such wms sh~ll b~ ~ppli~d by mortys~ toward tM p+~msnt of nal propaty tws. YwM~na P~~~. +~+d ~}D+~ ~+^h I~aur~nos
P~~
IN WITNf55 WHEREOf. Ih~ wid MORTCaAGOR hn Mrwnb wf his h~nd and Mal fh~ d~y and aforMald.
Si ~ bd ~nd d iw M t ro o!~
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, _ ~ry
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STATE OF FLORIDA 1 , .
~~y ~ 3aint Luaie i , ~ ' ~
e.r«. ~«w,,.ty, .~«.d John Rautz ~,,,_s~ • . ~ . . •
~ ~
Pearl L_ KaL~t ~ Ns wit~, to ~n. w.q wwwn «~d bwwn w m. a b.
- th~ L~d'widwb davib~d In and who uaarad t!r ionpoGg tnst~wnKM~, and adu~o~wbd~d bdora ar thM tlr~? ~x~d tM w~r for t!r purpw~s
,~„d ~ - • Pearl L_ Kaut~~
wtt. of ~h. s.id ~ ~7~hn KaLt2. ~r. upon ~..pra» .nd wiv+~.
tx~mieation b~r nr t+k~n a~para» and ap~rt fran 1~ wid Iwa¢Md, ~c,knowbdpad b and b~fon a» that ~M ~x~aibd satd insnwn~nt indy ~nd volwr
tuily and wrthoul ~nY canpubiw4 OwrhaM+t~ ~PProhanion, Je~~fw Oi oI i/pn hN Mid
, WRNESS,wry !wd ~nd ofiici~l ~wl thk •~C ' day of ~ A. 0. 196~
Y
~ . . ~ ?ubRc in ~nd for th. ~ of fiaw. n larp. .
~O"~0^ ~"~lfbta.y PubNC. State o! Florida at Large
~ TO' Mr Commiss~on Expires Nov: 3. 1965
Hrst /~d ~iwMqs i Lo~n AMOd+rion I~[~ ' . 8ond~d ~r American S~ G. Co. oi N. Y
Of fat Pi~ra. ~~~GrJ i~. .
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• ~ "':O•- ROGER POITRAS. CIERK :
' - st. LUCiE COUNir, f~oRi ~
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