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Te pl~ ar~d qaAi~uousl~r kdp on t!~ buildtnp~ now w h~eaf+K qtv~h on ~aie N~d ~nd ow all ~quipnwu ~nd p~rsandly eovv~d by thi~ nwr~p
wa wM~ aN rw,~w,n ~.e~ p.~ ~~4 f~. ~,w.~. ~ r?~. uswl aandard PNicY iww~„ in a aw~ waw+d br Martrr~wr~~. .~+d r+~~+a.~o.~
M~w~ In tA~ wwl aw~dred p~oaiep fwee. in • sum a~ppro++rel by tM iMqRTG~AGEE, in wd aa~any w oompMin a~ 1M MORTGA4iEE nwy
' dMrcb wd aM flr~ ind wMaborM iiww~no~ ~oiici~s on ~ny af aid eutldiwp~ ~+M M~N+wt ~Mreln ar pat Ma~of. in 1M pqrp~t~ wn~ ~lar~wid er
le aAC~ Mreraf. ~11 caNMn tA~ ~ru~l q~ndard mortyaqN claus~ w wd~ aAM dwN M tl» Mon~~qw m~y rpuire. nakl^Y th~ 1as wwlK wid ~o1F
dN. McA M~d ~v~ry. WYabw te aid MORTCsAGEE a its intNrst may ~pp~M, ~nd Nch and Mv~ry wth poiity ~MII b~ prvrnpfh/ ap~qr~ed ~r~d d~llwr~d b
.~nY h~ld dr M1d AW~TGJ~GEE ~ iurllw a~eurNy to tiW mortpaq~ debt. +nd. n~ Ipa H+an hn (10) days i~ ~dv~nt~ of tM expkatfon of Nch polity. to dr
~ uvrr ~o i~ii MORTiiI1~EE » rwrwal M+rrrof. topetFw with a~ac~ipt for Nw; pr~miwe of wch t~walj aod thrn shall b~ no fi?~ or winditwm Inwranu
P~+~ ~~+1? oE ~Md bui~dinp~, any i~tN+~t M~r~in a pa.t thereof, unl~sa in tMw fwm and with tM Iws payaW~ a afawaidj and M tFw ~w~t any wm
03 mena'p 4~cana p~ya61~ u~dn wch petiep a~ polict~s ~+id MORTGAGEE shall Mv~ th~ option ro+yoeiw uid ~ply th~ wm~ on ~ccourtt of th~ ir~debted~
` n+r Newsd Irr~by ar b p~dt qid NYORTGAGORS to ree~iw and ~w h w ee?y part tMreof fo? other purpoNS, w;thout tl?Neby waivir+q w~mp+h• .
~ M~p ~ny putt~r. tt~n a ripAt u~d~r or by virtw af Mis morty~spel ~nd in tM ~wnt ~id M~nRTGAGOitS sMii fa any nason faU to kNp th~ s+id pr~mtNS w
~ kw+nd, a~~i) to deliwr p?on~ptly ~ny of said politi~a of irtaurants ro~id MOqTGI~GEE. w i+il pvomptiy k? pay fulty any pnmiurn th~r~tw er i~ u~y
~ ~ r«p~d f~l1 b p~ria~ ~hwq~. u~w~, aft~ct. con~Pbt~. ca+:~ly with ~nd ~bi~M by thi~ cownr~t, or anY P+rt Mrwf. ~aid MORTGAGEE may pl~p ~~+d ' .
' ~ p~y fo. wd~ irw~anoe or ~ p~rt tlw~of wieFwut vwArinq w ~fkct6g +^Y eVtion, ~ia?. +q~hY, or ?ipht und~r w by virtw of Mis Mortqp~, ar+d tM
~ tult amo~mt of wth and wwy wcA pryrrMnr aF?~11 b~ irn~n~diaaly dw w+!c! pyabl~ +nd ~hr11 bwr iht~rrat from eM d~h tM~eof vntil paid N tM ran ot
r nirn PK antum pK aerwm ~nd toq~fher with su~h inte~Nt ahall pe sacurcd by tM li~n of thi~ rtwrtqsp~. •
4. Te pKmk, aonrrdt cr wff~r no w~tl~, ynpairm~nt or deterioration of said propary a~ny part tMrwf.
F ? S. To psy ali ~nd tk~lw 1M oosfa, cMrpe~ ~nd expuuet, inc{udirq a raasnnabls a;tornry'r fe~ and tos» of ~b~thuri of Ntl~. i~cumid ar paM ~t
~ ` a~y tlnw Sy Mid MORTGJ1GfE, b~ew~ or tn rF+. wa+e of rl,s fa~lu~• on rhe p.n of ~M •e~d MORTGAGOFt ro ek,ly, promptly a+d fvlly p~rform, di~elurp~,
; ~x~cvt~: ~fi~M, oomple», comply with and ~bide by ~sch ~nd every tFw itiputafio~a, +yreements, conditions. ~nd oownan» of s~id prornissory not~ and ~hii
' ~wrlq~lp! M?Y or ~iMM. ~nd s~id aoats„ c1w?pq a~d eapenaes, ~~ch and every, shall b~ immediet~iy due ~rid payabbj wMtMr or not tMre b~ rtotic~ ds
~ F inand. atf~mpt Ta co11Kt or wh p~rdinyJ and tM full amount of eed~ and every such payrrKnt aMll bear inhnst from tM dats therwf until pald ~t NM
r~tt of nim p~r pntvm pN ~nnum; ~nd sll ~id twtt, tharges and expensea incurred w paid, royather with wth Int~n~t, ~ftall b~ utur~d by th~ IiM of thit
t ; ~q~
b. TMt In th~ event of any brs~ch of this N4ortgaye or defsull on tF+e part of rhe MORTGAGOR, or (b) In tM ewnt any of Mid ~wru of mnn~y
~w
ha++in ?+f~rnd to b~ raf promptly end fuily paid withir, thirty (30) dayx nexi after the same severally b~ewnt dw ~nd pay~bl~, witAout dren~nd ar notiq,
~ or (C) In M~ wrnT weh and ewry tho stip~latioe~s. greemenb, conditions and covenants of N~d promiswry not~ a?d iF~i~ morfqp~ a~y q~NM? •r~ not
*+~Y. P~+pt~Y ~ fi+I~Y P~rform~d, diacMrqed, executed, effected, rompleted, complied with and +bided by, tMn i+? eith~r or any ~tith ~wM th» s~id p~
; pr~t~ wm mtntiornd in uid prom;uory note then romaining unpa~d, with inrerest accrued, and a11 moaeys aetur~d. F~~by, shall trtom~ dw ~nd pay~
~bl~ iorthwith, w fFNroait~r, ~t 1M option of seid MORTGAGEE, aa fully and completely a~ i1 all of fhe said ~unr of enpney vwr~ drpinally stipul~tld
Fo br p~'d on s~df day, snyfhin~ in said promiuory note or in this Morlgage To the contrary notwithstandirp; ~nd fF~wpo~ w 1fiK~~ftN a4 fM option Of
~ taid MORTGAGEE, witFwut notiq or demand, iuit at law a~ in equity, therefore or there~hsr beyun, may b~ ptp~cut~d a If all moneys t~wnd h~nby
h~d rtNtvr~d prior to it~ Imfitvtion.
` 7. T~t I~ tM ~v~t tfiat ~t the inni of or st an time
j be9 n~g y pending any wit upon thi~ Morlpaq~, w tO fOrrcloN it, or f4 rrform if, Or to Mfarp
G paymNtt of ~ny daims h~rwnder, said MORTGAGEE shsll apply to the Court having jurisd~ction theraof fw tM ~ppointm~nt of • R~ceiwr, wch Coun sMll
ForthwHh ~ppOiM ~?eteiw? of sa~ mortya9ed property al) and singuler, includmg all and singular ih~ incorM, pto}iq, fssuea ~nd r~wnua from what~v~r
so~?q daiwd. ~~eh ~nd ~wry whith, it beiny expressly understood, is hereby mortgaged a~ if specifically sN forth and daWib~d In the pr~ntinq and
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Mb~r~dum atavs~ herwf, ~nd wch Ret~iv~r eh~ll have all tiie broad and effective functions aRd powar~ in anywis~t ~ntrutttd by a Co~rt ty • Rrseiv~r. ind
tuch ~ppolntm~nt ihall b~ madM by such Court a: ~n edmitted equity and a matter of sbsolute .ron~ to s~id MORTGAGEE, and withovt rtfmnu fo the
+d~quaey a lnadpuacy of tht wlw of the property mortgaged or to the solvency or insolvoncy of said MORTGAGOR a tM d~f~ndants, ~nd tMt ~vch
rtnit, profiis, intomt, iuua ~nd t~venws thell be applied by such Receiver atcordiny to the li~n or aquity of s~id MORTGAGEE and th~ practic.~ of ~uch
Court.
~ 8. To d~ly, promptly and fvlty perform, discharge, execute, effect, complete, comply with and •bide by sach and ~v~ry tFe~ stipulstioru, aqn~m~nri,
` tonditions and covenan» in said promiuwy nots snd thia mortqage sct forth. '
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E ~ 9. Thaf in ths swM the ownenhip of the mongaged premises, or any part thereof, become~ ve~t~d in ~ perqn athsr N»n the MORTGAGOR, th~
~ MORTGAGEE, It! sutte~sort ~nd auiqns, may, without norice to the MORfGApR, deal with ~uch sutcNwr p~~pr in imere~t with r~f~rMC~ to fhf~
~ mortq~ and th~ d~b1 hsraby ~scur~d in ihe same manner as with Mortgagor without in sny way vltiatiny q disth~rginp tFN Morfqs~ors' liability h~tr
~ under w upon th~ debt hertby setured. No sale of the premises hareby mortgaged and no forb~aranw on iM pan of tF» MORTGAGEE or itt wa~uon
u? assiqnt and no ~xtension of the tlme for ?he payment of the deb~ hereby secured g~ven by tF~e MORTGAGEE or its wcceunn or ~atiqr?s, ~hall op~r,~t~
ro nlfars, discl?r~qe, modify cF~rrqf or affett the ori9inal liability of the MORiGAGOR her~i~, ~ither in whol~ w M psrf.
10. It b sp~cifkatly ~yread that time b of the easence of this tonir~ct and that no wafwr nf ~ny obliy~tion Mt~und~r er of th~ obll~~tlon M-
a+nd Fk?eby at»II ~t ~ny tiem th~reafter be held to be a weiver ef the terms hvraof or of iha instrument Ncur~d FMrby.
11. In addition to the fa~going momhly paymsnts af princ"pal an~i interest required by the p~omiupry npte secur~c! hereby, rtartq~got eovtnanls
and ~grett to p~y to mortpagee with esch monthly paymenf an add~tionai sum eetimated by m~rtyayee to 6~ ~qu~l td 1/lY of the a~nwl twt of the fol~ow-
in9:
A-AU real prop~rty taxes lev~ed or asussed against thc above described real estate.
6-Premiums o~ firt ~nd windstorm insurance as herein requ~red to be carr:ed on the improv~ment~ sitv~t~ on the •bov~ d~~cribtd premitas,
C-Premiums on such mortpag~ quarsniy insurance as mortgagee shall from t~me to time deem fit to u?ry on ttNi b~n ~etur~d h~raby.
MoHq~qe~ ~hal! from time to time notify mortgagor in writing of the amount due and payable hereunder ~nd iuch ~um shall th~r~~pon ha du~ and
payabl~ on the due c~ate of the next monthly payment a-d each successive month thereafter unril mortgagte shall notify mortgag of ~ chsnq~ in wch
smo~nt. Such sums shal! be +pplied by mortgegee toward tne payment of reai property taxes, inwrance prem;umi, and mott pe sr~nty Ins~nnc~
p?amiums. ~
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IN WITNESS ERfO~, tha s~id MORTGAGOR has hereunto set his hand and sea) the d~y snd ar fint aforessl~:' /
~0~. JM snd presenca of:
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STATE OF FLC?RIOA ~
couNrr oF _ 3t _ Lue ie
. Before ma personally sppfarod - TAt! 1r ~I[B~! nAn s~l and `
Rsl MAnflnngl~ his wife, to me well known and k~own ta me to b~
the indrvidwls desvibed in snd wF+o exec~ted the foragoin9 instrument, and ecknuw~edged before me thet they executed the iame for the purpose:
thare~n rxpre+sed. And tM sa~d- Sg> > v I~iCDOn 7 d
wife of th~ ~aid Joe ~ MA r! Y1~*~ ~ ~ ri • uprm a aeper~ts ar~d priv~t~
exsmination by me t~ke~ wparst~ end epart from her said husband, scknowledged to and before me that she executed uid instrumant freely and volun-
tarily ~nd without any compvlsion, tonatraint, appte io , or r of cr from her said husband.
WITNESS my hand and official seal thit day of A. D. 19~_
t -
~ ~/tar - - - - .
Notary Public in and 4or 1M- of Fldfidi N~4rq~
My Commissiwi ~xpires: /1 -
Retvrn To: ly~~,
PiRt Feders) Ssvingt i Lobn As~ociafion . {
Of Fort Pierce. - ~ pN R~L+~~~ED
Fort Pierca, Flwida ,1,~„', gOOK
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; ~ - .f:. ~ c~.' ROG'~ER i'OlT~;aS, CLERK ~
- , • ~ _ ST. LUCIE COUNTY.
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~ FLORfDA . i
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