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To pl~n ar+d a~+l~l~ M~ ~ th~ build~ngs naw or hereaftw sirwre on utd I~nd ye~d a+ alf p~ipn~M ~nd ~ton+~tfy cov~~d bY lhis mwt~
~1 ~~y~My r~/~ ~ N F.'!, fira insuronce in the usuai tta~dard policy tam, M+ • wm app~owd by th~ MORTGAGEE. ~r?d wNkMwrm
~~p wu~1 Mwr form, in s sum approv~d by tt~a MORTGAGEE. Ih a+ch tompi~Y er aompa~+Ma a th~ N?ORT611GfE nwy .
~y~13 ~nd ait fN~ ~11~ wM~N1 insvrince poliue~ on ~ny of said bulidfnps, ~ny intsr~st tMr~ie o~ part th~?sof, in th~ ~Dqr~Wb w^' a4oraa+W a
In s~s ~of, ~i~N MrN~ fA~ eswl st~ndard mwtgagee clsvse or suei+ othar divss ~s tM Mo?1q+p+r~ maY r~qvinr. n+~kinp fM lost ue+d~r twid polF
dq, weh a+d ~vp~ /~M~ t~, ~Nd MORTGAGEE as i~s inrerest may ~ppaa~, snd Nch and ~vKy tuch poiity aMli bs pranpHy au~Qned ~nd ddiwnd ro
, any hdd by pi~ ~ a~ 1v?ther seturity to ~aid morrgaye debt, and, na ~as~ lhan t~n (10) days in advantt of th~ •xpi~~Hon of Nch policry, to dr
~i~i~rr b pld • pN~w~l thrnof, tay~etMr wi~h e roceipt for the premium ot such r~newal; and thsre shall b~ r+o fir~ or wind~torm („svnr?t~
plK~d p~ Mn ~IrM~b~, ~nr inter~st lM~sin or part thareof, unleu in tM form ~nd with rM lou payabl* a aforesaid~ a~d i~ ti?~ ~v~n! ~~y wm
pf nqrwy wch poUcy a policies said MORTGAGEE ihall Mw tM opNon to ncviw ~nd apply !M um~ on +cca+nt of ifi~ lnd~bt~ed
~1 nw sKw~ ~r a? N~w~nit said MORTGAGORS to reteive and usa it or any part thereof fu othe~ pwposes, wilhout there6y w~lvi~y o~ impah-
i~p ~ery ~ w uewltr or by virtw of this marr9ape; and in ths ~~ent said MOitTGAGORS shall for ~ny reason fatl to kMp tha s~id pr~mises w
Iryur~rd, p#~ ~~p~omptly ar+y of f~1tl ~fOliiid3 oi inturant~ io seid MORTGAGEE, a fail promptly 1o pay fully any pr~mium th~r~for a in ~ny
" ewp~t~ 111N ~11~M~, discharpt, ~acut~, ~ffect, compltte, compty with a~ abide by thi~ tov~n+nt, or ~ny part Mnof, Nid MORTGAGEE may plic~ and
y i~? ~tIM1~j~w or ~ny p~rf th~reef without waivinq or ~ffectlnp any optron, lirn, squity. a riqht ue~dK w by viNw of thi~ Matya~. ~nd tAe
tr~ .y, ~1~ ~nd ~wry suth ~.ymant shall 6a immedi~tely dv~ and payabl~ ~nd ~hail bear inter~st frwn the d~t~ tMreof until paid at tM rat~ ot
~R?~NMw~ ~~nnum ~nd ttsqether w•ith ~uth iroeresr sball be secured by tha li~n of thy matqp~•
+L H~1~IIt, aommlt or tuffK no wute, impairment or deterioration of t~id property w uny part therwf.
i~. te ~r all ~nd slnpul~r the cosn, charg~~ and expenses, includinq s reasonable ~ttorney's fs~ and toari of abshacts of titl~, incurted o~ paid at
~I IMM by s~td N10RTGAGEE, b~cwuse or in tha event of the failurs on the psrt of ~hs said MORTGAGOR ro du~y, promptly and fully pKfotm, di~cha~.
~1(f~ct, tnmplN~, tumply with and abide by ~ach snd every the stipvlations, +greements, tonditiorn, ~nd covananh of aid promi~iory not~ ~nd thi~
mwlQp~ ~ny w ~ithN, ~nd a~id cosn, charps~ and expenses, each a~d every, thall b~ immediataly due and pay~blt; wMiMr w not tMn b~ notic~ dr
msnd, arnmpt fo coll~tt or suit p~r~ding; and tM fu11 amovnt of each and averY such payment ihatl bear intsrest trom tM dat~ tMreof ~ntil p~id ~t tM
rate ot nirw per centum per annum; •nd all said cocts, charges ~nd exprn~es inturred a paid, togather with tuch Int~rnt, sh~ll b~ s~.wnd by thr 1i~n of thu
^wt?~~W
6. That (a) in the w~nt of any breach of thia hlortgage or default on the parf of the MARTGAGOR, or (b) in tM ~wnt ~ny of uid wm~ of mon~y
hartn rehrr~d to bs not promptly and fully paid within th~riy (30) days nex~ afrer the same :everolly becom~ d~t +nsJ psY+ble, without d~m~nd or notic~, ,
oe (cj In tM ew~t t~ch ~nd ewry the stipulations, agreement~, candition~ and covenems of aa~d promisso~y note u+t! thi~ mort~~ any or e1tMr ~rt nol •
luly, promptly ~nd fully performed, diuhs~ged, executed, effected, completed, complied with and abided by, tMn in ~itl?K o? ~ny rueh ew~t tM uid p~
prpah sum rt»ntion~d in uid promissory nota then remaining unpaid, with interest a<crued, and all moneya s~cund. Mr~by, iMl! b~corM dw ~nd p~y~
~bl~ fot~hwith, or tMr~aft~r, at the option oi said MORTGAGEE, as fully and completely ai if aH of the said sunr of mon~y w~n oripit+~lly stipul~t~d
to br paid On ~vch day, ar+ythlnq ih said qromissery note or in thia Mortgage to the co~trary notwithatandinq; and tMr~upon o? thtt~~ff~r ~t fM option of
wid MORTGAGEE, without notic~ or damand, tvit et law or :n equity, therefore or thareaft~tr beqvn, may M ptwrCUt~d q if all morwtyf iKUr~d Mrtby
i~ad matursd prior fo it~ lrtstitution.
That Jn tM ~vent thet ~t the beginning of or at any time pending any suit upon thi~ Mott~ay~, w to fohtlow tt, or to r~form tt, or fo tnforp
p1y~w~nt of eny tl~im~ Mr~vnder, said MORTGAGEE shall apply to tfie Court having jurisd~ctio~ therrof for t!» ~ppointm~r+t of • R~ceiwr, tuch Court th~ll
iarNMailh ~ppoint e receiver of sai~! mortg~ged property all and s~nguler, includ~ng all end singul~r th~ iercom~, profits, luw~ ~nd r~wnwt from vahat~v~r
~web deriwd, ~ach ~nd ewry o# whith, it be+ng expressly undcrstood, is hereoy mortgeged af if tpecifitefly iet forth ~nd dsstrib~d !n thi Qnntinq ind
I~rtNndum clawes herwf, ~nd such Receivtr shall have all the broad and effecrive funct~ons and powert in anywis~ ~ntrwted by ~ Courl fq a Receiwr, and
~u~lf appointmtnt ~hall br mad~ by such Court ss an admitted equity and a matter of absolute right to said MORTGAGEE, ~nd withouf r~ffrsrK~ to tM
~qv~cy w ir.adequacy af the vali,t of the property martgaged or to the soivency or insolvency of said MORTGAGdR a th~ defendants, and th~t ~uth
rents, profits, income, iuus~ and revsnues ~hall be applied by such Receiver accordiny to ihe lien Or equity o+F said MORTGAGEF and Th~ practiu of such
COVrt.
8. To duly, promptly and fully perform, discharge, ezecute, effect, tomptete, comply with and abirJe by ath ~nd ev~ry tM stipvlstion~, ~yrkm~nt~,
conditioru and covenaats in wid promissorp note and this mortgage set forth. '
9. Thi! in th~ evenf the owne*ehip of the mortgaped premise,, or any part therrof, becomef vettsd in a penon otMr thsn the MORTGAGOR, tM
MORTGAGEE, iri successon and atsiyns, may, without notice to the MORTGAOR, dea! with such succestot or wesMSO~ in intere~t with r~fer~nca to tfitt
mortqaye and the debt hereby aecured in the same manner as with Mortgagor without in eny way vitiatinq or diuh~ryiny~ tha Mortysgon' (tability h~r~-
under or upon !he debt hereby secured. No tale of the premises hereby mortg~ged end no fotbearsnu on the part o~ th~ MORTGAGEE or lts sutteuon
or aui9nt and no extension of the time for the payment af the deb~ hereby secured yiven by the MORTGAGEE or its •uccessw~ or auiqnf, chail operet~
~o rale~se, discharpe, modify chenge or affect the original liability of the MORTGAGOR herein, either in whole or In part.
10. lt is tpecifitally agreed that time is of the essence of this contract and that no wsiver of •ny obliyation her~under or of fh~ oblipati4n sr
cured Mnby shafl at any time thereafter be he~d to be a waiver of the term: hereof or of the instrument secur~d htrby.
11. In addition to the forego:ng monthly payments of prir.c'pa! and ~~terest requ~red by the promissory note secured hereby, mortqsgor tov~nantt
and agrees to pay to martqagee wi!fi each monthly payrnent an addi~ional sum est~rr~ated by mortgagee to be equal to 1~12 of the ~nnuat tosf of tha follow-
irtg:
A-All real property tsxes levied or assessed ayainst the ahove deacribed renl estate.
B-Premiums on fire ertd windstorm insurance as herein requ~red to be carried on tha improvemant~ situat~ on th~ sbova detcribed pnmit~t.
C--Premiumt on suth mortgage guaranty insurar.ce as mcrtgagee shaN from t~me to time de~m fit to urry An the loan tecur~d heroby,
Mortgagee ehail from time to timn notify mortgagcr ~n wriring of the amount due and payabfe hereundet ~nd suth sum shatl thereupon be dus and
payabte on the due date of the next monrhly payment and each suc<essive month thereafter until mortgagee shall notify mortgagor of • chang• in •uth
amo~nt. 5uch •ums sha!I be ~pp~ied by mortgagee toward ihe payment of real oroperty taxes, ins~rance prem:umt, snd mo?tqape puaranty insvrsncs
premiums.
IN W17NESS WHEREqF, the seid MORTGAGOR has hereunto set his hand and seal the day an~ar firit ~fores~id.
' ned, aled and deliver in th presence of: ~ ~
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al)
" (Seaq
STATE OF PLORI~A .
x5.
couNri oF SAint Luci i
Betore mo penonally sppaared ~ PYIj.~.j.p F• W818~1 and
Julia . W81$~l _ his wife, to me wetl known and known to me ta b~
the individwls deiuibed in snd whu executed the foregoing instcument, and acknow!ed~e~d before me that they executed the same for the p~rpwts
rherein ~xpre~sed. And tt~e sa~~ Juli~ As ~N6,18~1
wife of ti~e seid ~~:~~1? F. wa~.8h ~ upon a seperata snd privsts
examinetion by me taken separate and apart from her said husban acknowledged to end before me that ihe execuTed said i~strument free~y and volum
tarily and without •ny compulsion, constraint, apprehens~on, or e cf or from her uid usband ~
WITNE55 my hsncf and official seat this- " day of A. D. 19~
~ Natar Public in a~d for tM State of florida at Lar ~
• Y fl~
' ,~i~~~tlti;~~~ ; , My Comm~ssion ~xpire~,~~ary PubliC, 5tate Ot Fiorida at Lar^~
Rervm T« G tJy Comm:ss~on Expires i~ov. 3, 1J~~
fint Feder~! Savinya t,~iti V~s?iow•.,.+' Bonded by American Surety Co. or
Of Fort P~eTCerJ'; 4~•• G iJ c .
Fort Pierce, FfOrida r" ' '
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n ~ ~~r '~i.~~, ~ CLERK ' t'~~
$OOK~ ~V ( ~ COUNTY,
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