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And ~e~d Mortgsgon, for themselws and their heir~, leyal reprrsent~livC1, iucua~ort ~nd eiiiqns, hereby joimly •nd Nvsr~lly toven~nt •nd ~qrie
to ~nd wirh the sa;d MORTGAGEE, iis wccessors •nd assigns:
1. To pay sil and singular thc principal end interest and tira veriout and s~mdry wms ol mon~y pey~bl• by virtw of wid promi~wry not~, and thi~
mort9sge, esch snd every, prompfly on the dayf respectively 1M same sewrally becom~ due.
2. 7o pay all s~d aingular the t~xes, asie~smenta, levies, Iiabilitie~, obligation~ and •ncumbrsnte~ of every natur• and kind now on said d~ttrib~d
property, or th~t hereafter may be impoted, ~uffered, plsted, tevied, er •uessed tharwn, a tkat hensft~r m~y b~ lavied a~~~~~sad upon thif MortQ-
~~a, o~ the indrbtedneis ?ec~rcd hereby, •ach and every, when dve ~nd pay~b!e, accordin9 to law, befor~ they becom~ delinqutnt, and b~fort •ny {nt~r~~t
ettaches or any penafty in,urred; AND INSOFAR AS ANY THERE~f IS OF RECORD TME SAME SHAiI 8E PROMPiIY SATISPIFp AND DISCHARGED OF
RECORD AND THE ORtGI~iAI OFFICIA~ p(UCUNIENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OfFICIAIIY ENDORSEO
OR CERT1fiED) SHALL BE PIACED IN iNE HAtv05 OF SAID MORTGAGEE 1h'ITHIN TEN DAYS NEXT AFTER PAYMEfVT, ~nd in ~he evenr that eny thrreof i~ noe
pa~d, sat:sfied and discherged sa.d MORTGAGEE may ar any t~me pey the ~ame or •ny part therwf rvithout weiviny or •Efsctinq any opfion, lien, aq~ity or
.iqHt under or by virt~e oF th~f mortgege and the full amount of eath and eve~y fuch p~ym~nt ~h~ll be immediately due ~nd pay~bl~ and sh~ll baar int~re~t
Frbm the date Ihereof until pald a~ rate of ~ighf per centum per onnum •nd toyeth~r wlth wch interest shell be iecvred by fhe lien of th:~ mOrfltiy~.
To plao~ ~nd ca+Nnuously kkp on tM buiidiny~ now or h~r~~ft~r ~itUit~ O/1 N~ I~r1d a~ on al! puipm~nt ~nd p~non~lly cownd by tht~ mortq~
p~, with ~A f+?a++lums thrrwn p~id in fuli, fir~ insuranc~ in th~ u~wi tundard policy 1wm, in • ium ~pproved by 1M MORTGAGEE, ~nd wlnd~torm
Iraur~ in tM usual srand~rd po~~cy form, in ~~um ~pproved by tF+e MORTGAGEE, i~ ~uch company or comp~niw as tM h50RTGAGEE may
d(rM; ~nd +R firt ~nd wiru~ttorm inauranta policias on any of uid bui~dinqa, •ny Int~r~st thtrs~n or part thsreof, in tlw ~yyreq~h wm ~fonsaid or
in ~~ccaw thsrwf, ahall contain th~ u~ual ~t~nderd mwtp~flN c~suta or such other cl~~s~ ~s rha Mortq~y~~ m~y r~qvir~, maMinq tha lou undsr ~~id pol~
tla, ~~th and' evtry, paysbla to Hid MORTGRGEE at its inl~r+ett m~y ~pp~~r, ~nd aich and ~very ~uch policy shall ba promptly •ts.fln~d ~nd daliv~red to
~ny luld by aid MORTGAGEE a~ funhar sec~rity to ~aid mor+9ape debt, ~nd, not I+u than trn (10) d~ys ln advence of th~ sxpiratior+ ot ath pofity, to d~-
livp to said MORTGAGEE • renewal thereof, toqether with a reteipt for the pramium of tuch rsn~w~l; ~nd th~re •hall !a~ no f;r~ or winditorm in~uranc~
plec~d on any of ~?aid buildinQs, ~ny intereft thareln or part Thereof, unless in th~ form and with the lo~s payable as aforeuid; and in tM •r~nt •ny ~um
of mo~ey brcomef p~yebls under such policy or pol~cie~ said MORTGAGEE ~hsll have the option to receive and apply tha sema o~ eccount pf the indebted
~u Ncured hsrsby or to parmit tsid MORivAGORS to receivs +nd u~s it ar any parf the~eof io~ other purpoies, w~thout thereby waiving or impeir
Iry +ny puity, li~n or ri9ht under or by virtua of thi• mortysQe; ~nd in the •vem ~a~d MORTGAGOR$ ihel! for any reawn fail to ke~ep th~ s+id pnmisat to
insured, w f~il to d~liver promptiy •ny of ss~d poticies ot In~unnc~ to teid MORiGAGEE, oi fail prornptly to pay fuliy •ny p~emium therefar or ln ~ny
r~spett fail to parform, ditcharye, execute, effQCt, compiete, comply with snd abide by th~~ covenant, or any part hereof, said MORTGAGEE may place and
p~y for ~uch Inaura~ca or any part thereof without waiving or effecting any option, Iien, equ~ty, ar r~Qh~t under n~ by virlu• of this Mort9epe, snd th~
fvll amount of eech and evr~y such payment shall be immedietely due and pay~bl• •nd shall beer intcrest from the date theraof umil paid at tha r~t~ ot
nine per cantum per annum and together with such interest shsll be sec~red by tha li~n of ihif mortq~ye.
1. io permit, commi~ or •uffer no weste, Impairment or dateriorstion of taid property or ~ny p~rt thereof.
S. To pay all and ~in9ulsr the costi, cherges and expen~es, includiny a r~~aon+bl~ ettorney'~ fse snd costy of abttrocts of titls, incurr~d or paid ~t
~ny tim~ by ~aid MORTGAGEE, betause or in the event of the failure on th~ F~rt of th~ ~~id MORTGAGOR to duly, promptly snd fully psrform, diuharqR
•x~cuta, effect, cort+ple*~, comply with end •bide by eath snd every the ~tipulations, agnements, conditiont, and coven~n•~ of ~aid proml~sory note •nd thi~
morryaQa •ny or eirher, end sa;d cosra, tharges and ezpense~, eech and every, ah~~f be immedistely d~e and payeble; whether or not tfi~re b~ notic~ d~
mand, attempt to tollect or suit pending; and the full amount of eath and e~ery ~uch peyment •hnll bear in~ereet from th~ dete thereof until paid •t the
r~te of nine per centum per ennum; and all said cosrs, charQei and expenses inturred w~sid, together with ~vch inter~~t, thal~ ba tecursd 6y th~ lien of thii
rtwrtp~q~.
b. That (a) in tfie event of eny b~each of thiti Mortgage o; default on the pert of tha MORTGAGOR, o+ (b) in the event •ny of ~~id tum• of money
her4in rsfsrred to be noi promptty and fulty pe~d w~thin th~rty (30) deye nexf afrer the i+me ieverally become due and paysble, without demsnd or not~c~,
or (t) ln 1M ev~nt each and every the stipulations, sgresments, condirions and covenanq of s~~d promiswry note and th~s rtwrtype •ny or •itl+~r •ro not
~u!y, ~omptly md fuily performed, d~uharged, executed, effecfed, wmp!ated, complied wirh and ebided by, then in e;the! or any wch •vent tM s~id aq~
preyaf~ sum menfioned in ~aid promisiory note then remaining unpaid, with interesl ~ccrued, and ell moneys tecured hereby, sh~ll becom~ du~ and pay-
~bI• fortfiwith, or theraafter, et the option of sa;d MORTGAGEE, as fully and completely si if ail of rhe said sums of money ware or'rQinally ifipu~ated
to bs peid on such day, anythiny in ~aid promi~sory note of in thiy Mortpege to the contraly nor~ith~tsnding; ane~ theraupon or theresft~r st ths aption of
eaid MORTGAGEE, without notice or demand, ~uit at law or in equity, the~efare or thereafter be~un, may be prosecuted as if all money~ aecursd hsr~by
h~d matured pr;or to its imtEtution.
7. Thst in the event rhet er the be$innirg of or at sny time pending eny suit upon this Mo~tgage, or to fr•scloss it, or to refo~m it, or to enforc~
p~ym~nt o4 any claima here~nder, said MORTGAGEE ahe11 apply to the Co~~rt h~vinq ;urisdiction thereof for the appointment of a Receiver, i~ch Court •hall
fonhwith appoint a receiver of said mo~tgaged property ali and singuter, irtclud~n~ •I! and iin9ular tfie income, profit~, isa~ef •nd rsvenu~• from whstQV~r
~ourte derived, esch end every of which, it beinQ expreisly understood, ia hereby rr+ortq~ged es if spec~ficaliy set forth •nd deacribed in tFw qr~ntinfl •nd
habendum clausea hareof, srd such Receiver shall heve all rhe broed and effecrlv~ funcnonr a~d powera in enyw~se entrusted by • taurt to e Reteiver, and
wch ~ppoi~finent ihe!! be made by suth Court e~ en sdmittcd eqvity and a matt~r of absolute riyht to teid MpRTGAGEE, and without r~ferenq to ihe
~dequacy or inadequacy of ehe value of the property mortgaged or to the ~olv~ncy or insolvency of said MQRiGACaOR or the defendanh, ~nd that ~uch
renta, profits, income, iuurs and revenuaa •hell be applied by ~uch Receir~r accordenfl to tht lien or eavity of s~id MORTGAGEE and tM practiq of svth
Covrt.
8. To duly, promptly and fully perform, discharqe, execute, effect, comp!ete, comply with snd abide by each and ev~ry fhe atiput~tion~, pratmenis,
tonditiane ~nd co~enants in taid promissory note and rhit mortqa9~ tet fo~th.
9. That in ths event the ownersh~p of the mortpeQed premises, or eny part thereof, becomes vested in e person other than the MORTGAGOR, tM
MORtGAGEE, tt~ ~ucceuor~ and eseigns, may, withovt notica to the MORTGAOR, deal with auch iutceuor or ~uccessor in intere~t with referencr to this
mottqsQ~ •nd the deb~ hereby sec~red in tlia ssme manner ss with Mortgaqor without in sr.y wey vit~atiny or~d~scharfliny fhe Morty~ori' li~bility hert
under or upon the d~bt hereby secured. No sale of the premises hereby mon9aged •nd no forbearance on the p~rt of the MORTGAGEE or iri luccesaen
p~ ~uifln~ and no ~xtens~on of the time fa the payment of the debt hereby securcd yiven by !ha MORTGAGEE or it~ siccssu+n ot +uipns, shall op~r~t~
lo rsl~~st, d'racharQs, modify chanfle or affecr t1:a oriflinal li~biliy of tha MORTGAGOR herein, •irher in whole or In put.
10. It is ~pecificatly sgrecd that time i~ of tho essencs of this contrect ~nd that no ~vaiver of eny obl~gatio~ herevnder or of tfia obliflation rr•
cured her~by ~hall ~t •ny time tfieroefter be held to be e waiver of tha tarms hereof a of fhe inarrument secured herby.
11. In addition to the fortgoing monthly peymer.ts of pri~t pai end intero:t requ~red ay tFe erom;story note secured Frerr6y, mvrtgtgor Coyenent~
~nd sQre*s to pay to mortpagee with each monthly payment an ~ddition~l •um e~timated by mort~,:gee ro be equal to 1~12 of the annwl cost af th~ f6tjow-
i~:
A-All real property taaeti lavied or essessed again~t tfie abova described rea~ esteta
B-Fremiumi o~ firo end windstorm in~urante ss herein regu~red to be carried on the improvementt ~it~ate on the abov~e~detuiFxd pr~miset. -
C-Prom,iums o~ wch mortflage guaranty inaurance as mortflaqee shall from time to time deem fit to carry on th~'4oen-fil~~red h~reby.
Mortflagee ihall from t~me to time notify mortga9or in writing of tha amount d~e and peyable hereunder end weh ~um"i~fetJ, thsreupon bm dW +?ntf
p~y~ble An the due dafe of the next monthly payment and each tuccetfive manTh thereaher until mortgagee shall natify morig+~goFqf a chanpa in sut?t
smo~nt. Such ~uma she!I be epptied by mnrtqegee tow~rd the payment of reel property taxef, Inwrante premivms, snd martpp~ yJer~nfjr, , msu~mte
p:emiumi. • •
IN WiTNE55 WHEREOf, tFu ~aid MORIG.AGOR has hereunto se! hi+ hand and seel the day and year fin9 aforesaid. ~ F
s~ s..i.a a~,a as p~e..~,u of: FlLEp AND RECORD~p
'N--~. 9OOK ~
aD
~~r~r_..~.C,~ •-(~«,~0
_ ^ '65 rvU~! ! 0 PM ~ : 1
STATE ~F FLORIDA ~ ~ l ' ' •
~ sti. r~u~ie _ ~~lG~R f'~ITRAS, c~LERK
i~f'4n.ewe puraprkny. ~ppe~red S . and
. v hi~ w1f~, to rr+~ w~ll known and icrawn to nw ta b~
!?~j .iridi~idwls d~scrib~A. W.w~d wfro •~ex~ted tt» fospairq iruhvm~nt, ~nd atknowledpud b~fore me fh~t tMy •x~c~ted tM um~ for tfi~ p~rpoves
rX»r.~n .xpres.«i. and r1~r o+ $t%S.1 a~~u re~~ n~ -
;Yifi of +h. ..fd - - t~~na7 d ~S"eh rmann , upon ...p...t• .nd p~tva»
sic~m;nation by rrH tak~n e~arit~ •nd apen from M~ said husband, ~cknowl~dped to and befors me tfiat tha •xesu?ed uid inatrum~~t frN1y ~nd volur}
tatily vad withovt •~y comptii~ion, tonstreint, app~ehan~ion, or fe~r of oi frpm Mr uid huiband.
VYlTAIESS my hsnd arid`'af~kfsl s~el tht¦ Z~th d~y ~r A. D. 19~..
~ y,
~ Nw~ry Public En and for the • of Ftorids ~t larq~
~ My Commistion ~xpire~ /
Refvrn To: `
Cifis~fls Psd~r+! Sarings i Lo~n Associ~t;on E;otary Pub~lC, State of Flori~a at Larg~
of 5?. I.ucie Counry My Com~;ssiort Ez~ires March 1, 19~7
r; c; r{'~ e- ~ z~. f n.:...~
Ft. Pierce, Florida ~11 ~y-J~~ -
~~vU .JLLJ