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ArK1 •aid Mortgagon, fo~ eF+~mufv~s ~nd tt~~ir Min. I~qd rsp~~antalivti. ~uct~~wn and ~uiqru, h~r~by joinNy ~rd ~ev~r~lly ca~v~t?t rrid pr~e i
ro~nd with 1he wi~ MORTGAGEE, its sutc~uw~ ~nd ~uiyns: i
1. To pay ~~I ~nd ~inpvl~r tM principal u+d infe~tst and th~ wrious and sundry ~um~ of ma»y p~y~bl~ by virfw of uid p~omissory noa, ~nd N+v ~
mortyp~, ~~ch ~nd ~wry, promprly an tM dayt r~~p~rctiwly tM ~am~ s~wr~lly Mcorrwi dw. ~
2. To p~y ~11 ~nd ~inqul~r tM t~xts, aikssmer~». I~vits. liab~liti~s, oblpatiom ~nd ~cvmb~~nas of ~vtry natw~ ard kind now on wid d~crib~d
prop~r?Y, or th~~ Mr~~ft~r may b~ impoNd, suff~red. P~ac~d. I~vi~d. w ~wa~~d +i»rwn. n thu he~Mfar may 6~ IwNd w au~s~d upon ~hls Mo?t~ ~
p~, w ths ind~btrdrNU Hcurrd M~rby, ~ach and ~vary, wMn d~s and pay~ble. ~ctwdinp a law, b~fon they Mcam d~linqwnt, M+d b~f~w~ any le?Nr~~ i
~nache~ a~ny p~nalry i~ incurred; AND INSOFAR AS ANY TMEREOF IS OF RECORO TME SAME SMAII 6E PROMFTIY SAi15FIEU ANO DISCNARGED OF
RECORD AND THE ORIGINAL OFPICIAI DUCUMENT (SUCH AS. FOR INSTANCf, THE TAX RECEli7 OR THE SATISfACT10N PAPER OFPICfAIIY ENDORSEO i
OR CERTIFIED) SHALL bE PLALED IN THE HANDS OF SAID MORTGAGEE W~THIN TEN DAYS NEXT AFTER PAYMENT, ~nd i~ 1M ~wnt thal ~ny thN~of b nW ,
i
piid. ~at~~fi~d ~od d;sch~rg~d sa:d MORTGAGEE m~y at ~ny tim~ pay tFu rams a sny part NKrwf witF~out w~ivinp o~ ~ff~cfin~ ~~y option. IiM. equiry a `
ripht und~r or by virtue of this mortgeqe and the f~ll amovnt of e~ch and wery ~uch p~ym+nt shall b~ immtdiat~ly dw rr+d pay~bfr ~nd th~ll b~~r NnMrpt
~rom the d~te tfiawf until p~id at nt~ of dyht po? ts~tvm p~r •nnum +nd toqether with futh int~n~t ~hall be s~cur~d by tM lien of morqfap~. ~
S. To plw r+d oantM+uouWy kNp on Ha bultdinps r~ow or Mr~aft~r ~itwt~ on ~aid lar?d «+d on .11 pulpnnnt ~nd pwyo~lfy cov~r~d bY ~~~P ~
ap~; wHh dl pnmlvnr Mwrwn paid in ivll, fin ~»w~ in tM vw+l a~ar+rl~rd palicy iwm, tn a ium approv~d by tM MORTGAGEE. ~nd wlnd~rosn. ~
kMwana I~ tM wwl atsnd~rd policy form. In ~ wm ~pp?owd by tM MORiGAGfE. k+ such comPK?Y a comWniM ~a f1~ AiWtTGAGEE nwlr }
dir~eq snd ~11 fln snd wi~dstwm inu,ranp polkl~s a? ~ny of wid buildinpt, ~ny Int~rht tMr~ln or p~rt tMrwf. In tM apprp~t~ ~wn ~for~id w
in vcc+M tMnof. sh~ll tont~fa tM usu~l st~ndard mort9aqw d~uw ot such oM»r c1auM w tl?~ Mortpp~~ may r~quin, m~kMp eh~ Iw~ urd~r wid polM ;
clw, tath ind' wwy. WY~bb to ~ald MORTGAGEE a Ih int~rest nwy appNr. N+d ~ach ~nd ~wry such p~lky sMll b~ promptly au.yrnd ~nd d~liv~r~d /o ~
.~+y Mld by ~eW MORTGwGEf a funMr acvrity ro ~aid mor~qaq~ d~bt, ~nd, rwt I~w thrn hn (10) d+ys In ~dwnc~ af t1w ~xpira~ion of Mch polky, ro da
(fwr to wid NtORTGAGEE • ren~wa{ tlx~~of, foy~tMr wlth • nc~ipt fa tM pnn+ium of wch r~w~l; and tMr~ ~MII b~ no fir~ a windstorm k+aw~ _
p~~o~! oa ~rry~ of ail'd 6uitdinpt. ~ny Inter~st tMr~in w p~rt th~nof, unlH~ In tM form ~nd with th~ los~ pay~blt a ~taesaid; ~nd in tM ~wnt ar+y sum
of mor»y b~canN pay~bl~ ue~r wth polky w polici~t safd lWORTGAGEE shall haw tM option to r~iv~ and ~pply tM ~arrN an account of tM indsbro~ -
n~w wcvnd h~r~by or ro p~rmit s~id MORTC'aAi'sORS to rx~ivi •nd uN N a•ny p~rt therrof for o+h+rr p~rposes, wirhout thar~by w~ivir+p w impair~
Inp ~e~y puity, Ibn or riqht und~r w by virtw of thi~ mortyay~l and in tlw ~ve~t s~id MORTGAGORS ~hall fw any rsawn fa0 ro k..p tM Hid prNnis.s so a
tnwr~d, w f•il ro d.nvw promptly ~ny of Nid policl~s of tnaw~na to ~~id MORTGAGEE, or fail promptly t0 p~y fully any pr~mium tMhfw a M~ny ~ ~
~u
rnp~ct f~il b pKfwm, d'ach+ry~, ~x~cuN, ~ffM, co~+PNn, comply rvlth and ~bid~ by thi~ cow~~nt, w ~ny part he~eof, s~id MORTGAGEE m~y pl~u and ,
p~y for ~uch Mwruwau w~ny parf thtnof without w+ivinq o~ ~ff~ctinq any aption, li~n, puity, or riflht under a by virtw of rhis Mortqaq~, u+d th~ .
fvll artwvr~t of Nch ~nd ~wry wth p~Ym~nt ~hall b~ imm~diat~ly dv~ and p+yabl~ ~nd ~hall be~r intart~t from tM dat~ tlurwf until paid n tM nt~ of
nln~ p~r tentum pN ~nnum a~d top~tMr with suth intsreat ihall b~ Ncund by tF» li~n of tht~ mwty+q~• ~ s?:
4. To p~rmlt, aommlt w sufhr no wnN. Mnp~i~mK+r or dater'wr~tion of uid prop~rty or ~nr p~rt tMrwf. ~
5. To pay dl snd ~Wiqula tM costs, ch~rpu +nd ~xp~ns~s, includinp ~ r~~sonabl~ ~ttorney'a f~ ond w~n of ~b~hatts of titl~, inturr~d or p~td at i ~iM='_
~ny tim~ by tatd MORTGAGEE, b~c~us~ or in tM ~wnt of tFs~ f~ilw~ on Nx wn of rh~ aid MORTGAGOR ro duly, promptly and fully pe?4a~n, diacMrp*
~x~cut~. ~fi~ct, compi~tt, comply with ~~d abida by e+ch ~nd tv~ry th~ stipvlationt. ~qrNm~n», conditio~s. and mwnsnts of uid promfssory not~ ~nd thu :
mortpp~ ~ny or ~itMr. ~nd s.~d cosn, cMrpr~ and expena~~, Nch ~nd ~wry, thall be immadiat~ly du~ and pay~blr, wMther o? not tMr~ M notic~ d? 3, ;
mond, ~tt~mpt to coll~ct w auit plndirg; ~nd tfi~ fvlt ~mount of Nch and w~ry tuch p~yment shall be~r interest f~om th~ d~t~ tMreof until p~id ~t the ~ -
r~h of nine per centum pet ~nnvm; snd a11 taid costs, charps~ and expemet incvrnd or p~id, toy~ther with ~uch intrrKT, ~half b~ sKUr~d by ih~ li~n of thb
mort~pp~, '
b. YTwt tn tM ov~nf of ~~y bm~ct+ of thit Mortq~qe cr drfault on th~ paR of th~ MQ~RTGAGOR, e? (b) in tM ev~nt any of ~aid wms o~ morMy '
F~~in r~fKr~d to b+ no~ pranptly and fully paid within thirty (30) days MRt ift~f 1FN ~~RN MVN~IIy bK0~71~ dW ~nd payibl~, withouf d~m~nd w notit+, _
o? fn ti?~ ewnt ~ach ~nd ~v~?y tM tripvlafions, praam~nta, cor+ditions ~nd coven+nri of said promissory note ~nd th~~ mortqap~ u+y cx eitMr ~n na a =
~uly, ptomptlY ~nd fvlly perfwm~d, d'uthar~ed, executed, aff~ctad, tomplat~d, complied with ~nd sbided by, tMn in ~itMr or any wch want tM s~id ~ _
Orepih tum eM111FOrN~ M Nid prOmiswry not~ tikn rem~inin~ unp~id, with intsnat acvued. ~nd all money~ ~ecUr~d har~by. ~MIi b~eorM dw ~nd p~~r
~bl~ fortAwitfi, or tMnafta~, ~t tM option' of ~aid MORTGAGEE, ~ fully and compl~t~ly u ii •II of th~ said t~ms of ma~+~y wrr~ atiqlnally ~tlpulstrd
tq b~ p~id on ~e~th diy. ~ylhinp tn said promissory rwt~ w ln this Matysy~ to ths contnry rwtwitlnts~diny; and thrrwpon a tMr~ahK at th~ optio~ ot
t10
t~id MORTGAGEE,-withouf »otia w d~mand, wit ~t law or in rquity, th~r~fw~ a tFwnsfter bpvn, may ba pro~etw~d u if ~II monsr s~tund hrr~by
Md marw~d prior to i» inseitution.
7. 71»t in ihe wer+t that ~t th~ bpinniny of ot st any tlm~ pendiny anr wit upon this Mortyps, w to fatcloa~ M, ar to teform it, w ta tnfac~ -
p~ym~nt of ~~y d~ims h~reund~r, uid MORTGAGfE sh~ll spply to tha Court havinp jurisdiction th~rwf for the appo~ntmee~t af • R~ceivN, tuch Court slull
forthwith ~ppoirtr • rot~ivw of said mortq~q~d propsrty alt and sin~ular, intiudinq all end sir~gul~r tM income, profits, iuws snd rav~nwe from wMtwK =
wurce d~riwd, ~ath and ~vary of which, it btirq ~xpraisly ur+d~rstood, is hertby mortq~qtd as if spscificslly t~t forth ~nd d~stribtd in th~ printinp ~nd _
hab~ndum cbusa Mr~of, ~nd such Rsc~ivsr shal! Iwiw ~Il ths brwd and effirctive f~nctions ~nd pow~n i~ anywis~ ~rntrvst~d by • CovA fu • R~ctivN, rnd
wch rppointment fMll b~ made by such Court ao ~n admittsd equity •nd a rrrtt~r of ~bsolute riqM to said MORTGAGEE, ~nd withouf r~fKtnts fo tM ~
ad~quacy a l~adeqwcy of rh~a valw of tM property mortpaQ~d or to the whr~recy or insolvency of said MORTGAGOR a th~ d~fsnd~nts, ~r+d th~t tuch ~
nnts, profhs, incoms, ia~ snd nvenuss shal! b~ +pplied by such Raceiva ~tcadinp to the lien w wuisy of said MOR7GAGEE and tM pr~cties of wtl~ _
Courf. ~
8. To duly, promptly ~nd fvlly perform, diuharpe, execvt~, effett, complete, comply with ~nd abide by each •nd ~v~ry tM ~tipulatlona, pr»m~nto, -
conditioro ~nd wvwanb in ~tid promiuory not~ snd tha mortQ~g~ ~et forth. .
9. 'Phat In 1M ~verrt 1M ownenhip of the mortpip~r+d pr~mams, a any p~?t thenof, becams~ v~sTtd in a p~non othsr than tfi~ MOR'tGAGOR, ~F+s ~
N10RTGAGEE, Hf waeuon +nd assiyns, m~y, without notice to the MORTGAOR, dNl with svch iutcestw w~vccesaw in int~rs~t wtth nf~rerx~ to tha ~ -
matyaq~ and tM d~bt Mr~by =acursd in the sarrw mannsr a with Mortqpw witi~ow in •ny way vltiatinq a~d~uharyirq tM Moe~tqayoh' ~ It~bility h+rp t `
u~der w uport tlw d~bt h~r~by ~scured. No cale of th~ premi~ her~by moAqyed ~nd no forbearance on the p~rt o1 tM MORTGAGfE dr its wco~swrs ~
w a~iy~ ar+d no ez»nsion of tM tim~ fw the p~yment af th~ debt hereby secured yiwn by tho MORTGAGEE or it~ tuccesson or a~i~4u, sh±l! opast~
lo nb«e, disd+uq~. modify cMng~ w ~ff~cr iM o~inal li~bility of the MORTGAGOR fwnin, ~ithtr in whol~ or In part.
10. It b ~fkall n~d that time b of ths euerxe af this tontr~ct ind that no waiv~r of any obligst~on h~r~tvnder Qr ~of tM obtiq~tioif sr '
~ Y +9 'i
p~r~d Fwr~by ~hall st any tirte~ tMrtaha b~ held to b~ a w~iv~~ of th~ torrtu herwf cx o~ the inatrument ~ecured h~rby.
i
11, In ~ddition fo the foreqoiny monthly p~ymenta of princ pat a„d Interest reqvired by the promiswry note secured heriby, mwtqpttr o0wna~b
~nd aqrNS to p~y to mortyap~e with each monthly paymsnt an additional wm estim~ted by mortgcgea to be equsl to 1/12 of th~ ~npwl cwt of the follow-
. ~ ~
A--AII rs~l proprrty t~xas litvied a asiesssd aysinst the •bow described vaal atate. , ~
6--Prtmiums on fir~ and wi~idito~m iniurenu ~s he ein rtquired to be carried on tha improvements situete on tM above dtst?ibed pt~iNt• ,
C-F~r~miums on wth mortype ywr~nty ir~wr~nu mortppee shall from Hme to time deem fit to urry ae tlx ban: Mevred Mrsby: '
AAaAg~pN sh, from tim~ to time notify mortqa9cr in writinp of tFw amount due snd pay~blo h~reunder and ivcl~.ium shall thtrWpon b~ dus and
paY~b{~ on tM dur datr af s1a next monthlY paYmsnt ~nd ~sch tuccessive month then+~ffer until mwtq~y~e shall nofif+r~w of • ciranp~ In wch
~rno~nt. S~ch ~vms shaii b~ ~ppii~d by mortqaqet tow~rd tM payrr»nf qf r~al prop~rty taxH, insur~nce prami~m~. ~~d mortyap? 9~uanty lnwr~np
emlwru. '
IN WITNESS WflEREOf, said MORTGAGOR has~ s~}~h~g¢..~Qc~,~+1~th~ d+Y +•~d Ye firsf ~foresaid.
~nd d~l ihs pr~wnc~ ~ ~ ~ ~ G G E ~
iN~ ~QOt~ ~ .n ,
0
c '~'~`Z`~ '
'65 SEP Z 4 P~; ~ ; ~ q - - ~..n
< ,
~ STATE OP F'iORIDA , . ,
R~G~E? PUlEH~,S, CT~RK ,
courtt~t~~~ St_ Lucie _ ~ST. LU
.i~ +~1i~vn.tW +p~++ha "'d ~
~ r's wlft, to rrK wsll krwwn ~nd krwwn to mt ro b~ i
~i Iqdivie~y~b.~~i~r tn u~d who ~x~cut~d tF~ forpoirq Inmwr~nto ~nd ~ctcnowl~dp~d l~fon me th+t tMy ~~~wt~d tM wrn~ fw tM pxposN
' Fr cea D Wo ~er~ ~
1h.aw;'.xp..~.d. Ma ..~a
' ~ Frank J. _~[outers _ v~«, . ..~.r.~..~ v+~•» ;
ro a~d b~fa~ nw tMt ~M execut~d ssid irutrum~nt frNFy a~d volur}
uc«n ~natlon b~ +fp~ }~IEtn^~tp~r~t~ ~~d ~part frwn Mr said husb~nd, ~ck++orvledp~d ;
,~Jf~''~dd;~irt~b~R inyc. eimpulstan, cautnint. ~p~~ ~on, Of fON of w#rorn Mr w1d husb~nd. ~c
! , . • •WfM~3•1n~t. h~ad ~nd offki~l ~al thh ~ ~•rl- - day of . A. D. 19~.:L ~
. ~ - _
~
Notsry Pubik fe a+d Sv~ts of f{wid~ ~t lar~
~ Mr Cr~nb~bn ~
I Retum To: ~Z ~'~~e ~
= n ~.t~~- C3 ~~.:t. a :s
~ ~itis~n• hd~ral Sarinys i loan AtsodNion . ~eOiLr/ r~r ; !~i ~tli~,~1 I~JCe) ~
r ~
~ B.,~K / ~~U~Y ~c r n s_~_~ ~A,_3~~~
af 3t. lveis Cow+h r~ e~ ~ a• -~y ~
Ft. Pi~rce, Flwids