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And iaid Morty~yory. for rhemse~v~s ~nd Ih~ir h~i~~. tp~t np.~qm~tivq, tuttfuant ~nd rtliqM. h~nby jolntly ~nd ~v~r~liy tovenaM ~ne~ p~M
to and wi~h th~ f~id MORTGAGEE, iti :vcce~~a.s and aui9ns: •
t. To pay •11 ~nd •i~yul~r th~ pr~ncip~l •~d iro~re~t and th~ wrious ~nd ~undry wm~ of mor»y p~y~bl~ by virtw of ~aed promiawry noh. ~nd thi?
mortyefl~, tech and ev~ry, promptly on tM dayf refpectively tM ~am~ Nwrally b~tpn~ dw. •
2. To pey •11 and tinyulor tha t~xes, ~sstum~nts, f~viss, liabilitirs, obl+q~tiwq and entumbrantq of ~wry rwtvr! ~nsl kir?d now on s~id d~scrib~d ;
prop~rty, pr that htrtaftr+ may b~ ~mpoatd, ~uffered, pl~ced, I~vied, or asKS~ed tMr~on, p ihat A~ruftb may b~ I~vi~d or qswqd upon thls Morfp~ ~
rp~, or tM ind~btedneis tecured Mnby, ~ach ~nd w~ry, wMn dw ~nd payabl~, .ccad~rq ro t•w, b~fw~ th~y b~com~ d~Nrqwht, ~nd b~fw~ ~ny MtNpe
•ttachss or any penalty i~ incurred; ANp lNSOFAR AS ANY THEREOF 15 Of RKORD THE 5AME SF1All bE PROMPTIY SATISFIED AND DISCNARGED Of
RECORD AN4 TWE ORIGINAL OFFICIAI DOCUMENT (SUCM AS, FOR INSTANtE. THE TAX RECEIPT OR THE SATISFACTION PAPER OffIC1AlLY EN60RSE0
OR CERTIFIED) SHAIL BE PLACED IN THE HANDS OF SAID MORIGAGEE WITHIN TEN DAY$ NEXT AFTER PAYMENt, ~nd in IM •wnt th~t ~~y tFu~r~of i~ not
paid, ~eKsfied •nd d~scharged sa:d MORIGAGEE may at a~y time p~y the s~me or any p~rt th~rwf witha,t waivirq or aff~Nirq ~ny oplion, li~n, puity w
ripht under or by virtue of this mort9~ge •nd rhe full ~moun~ of e~ch and rv~ry such payment •hill bie immedi~t~ly du~ ~nd payabl~ ~nd thill bear intar~sr
f~om the dats thereof vnr;t p~~d at ~ete of ~;pht per tenrvm p~r ?nnum •nd toyethar with ~~ch i~ttrest ~hall be ~ecu?ed by tM li~n of th:t morptay~.
To plrcr w~d com(nuou~ly kNp an tM bulldinys now a Mrpftw sllvat~ on s~id I~no ~nd a? dl ~qvipm~nt ~nd p~r~on~lly covN~d by M?i~ morty-
pr, wMh dl pt~miwru tMrr~on pa7d in full, fin fnsur~nc~ in tM usu~l au++d~rd policy form, In •~um ~pprowd by th~ MORiGAGEE, and wl~+dstorm
f~wr~np in th~ wwl sundard poiity fwm, In a tum approv~d by tM MORTGAGEE, in ruch compsny w ~aimp~~i„ a tM A\ORTGAGEE m~y
dlr~ctt ~nd d~ fln ~nd wir~torm insur~nq policiH on ~ny of s~id butld~nq~. ~ny lnts~~st Mw~dn w p~rt tM+wf, tn rh~ pgrp~h wm afwnaid a
N~xau thtrwf, ~MII cont~in tlw usuat ~t~ndud mortyspN ctaua~ or such o~lwr cl~ust ~s t!» MorrqapN may r~qvFr~. makinp rlw losa und~r s~id po14
c?Mr, ~+ch ~~vrry, p~ybl~ ro s.1d MORTGAGEE in If11NH1 m~y ~pp~ar, ~nd Nch ~nd ~wry such policy sMll b~ promptly ra.pn~d +nd d~liv~r~d to
a~y Mld by aid MORTGAGEE a~ furth~r ~acurity to t~id mw+qp~ d~bt, ~nd, npt l+qt th~ tien (1Q) dsys let ~dwnt~ of tFn ~xpintion af Nch poiicy, fo dr
tiwr ro wid MORTGACrEf a r~n~wa! tF~er~of, toptth~r wi?h ~ r~c~ipt for th~ premium of ~uch ren~w~~; snd tMn aMll b~ rq fir~ or wir~d~torm inwr~nc~
plae~d on rny of uid b~ildtnq~. •ny interest ther~in a pan th~rwf, ~nl~t~ in tfr fwm end with tM los~ pay~bl~ •ior~~~id; ~r+d in tM ~vent any sum '
of monty b~tom~t pay~bl~ ~nder such polity or pol;ci~~ eaid MORTGAGEf sh~ll Iwv~ tFK op?lor~ !o receFv~ and ~pply th~ sam~ on ~ccount af tM indrbte~
rou secur~ed Mnby or to parrnit u~id MORTGAGORS to rsc~iv~ u+d uf~ tt ot ~ny p~rt thrreof for ather purposei, without thereby waivin9 or ~mpair
{nq any ~quity, ti~n w?iqh~ und~r or by virtw of th;~ mwt9apr, ~rtd in tM ~vent s~id MOftTGAGORS ~hatl for •ny r~~wn fdl to ke~p tM uid pr~mi~e~ w
imur~d, or faf! ro deliver promptly ~ny of said polici~s of Iruura~u to s~id MORTGAGEE, w fail promptly to pay fully •ny premium tMr~for ot in any
r~sp~ct f~il 1p p~rform, disth~rpe, execute, •ff~ct, twnpleta, tomply with •nd ~bitl~ by thi• tor~nant, w~ny pert heteof, ~aid MORTGAGEE m~y place end
p~y for ~uch insur~nc~ or rny p~rt thareaf w;thout waivinq or alfactiny any o,ptloa, lisn, eqvify, or riphf und~r a by virtu~ of thi~ Mortq~q~, snd the
full ~enovnt of tach and ~wry ~uch paymsnt ihall be immedi~tsly dv~ and p+ya~l~ ~nd ~h~ll b~ar int~r~st from tM d~t~ th~rwf until psid ~t th~ rst~ qf
nin~ ptr es~tum per annum end together with •uch interest shall be securtd by tht iisn of thi~ mort9ps.
l. To p~rmit, commit a ~uffer no waste, impairmem or deterior~tion of ~~id props?ty or ~ny pa?t tMrwf.
S. To p~y ~N ~nd s~nQul~r tM cwh, th~rpe~ end ~xprn~es, ;ncludinp ~ r~~~onable ~nomey'~ f~ ~nd cmb of •bttncb of titl~, inc~rrfd ar p~id ~1
•ny tim~ by Nid MORTGAGEE, bttause w in tM event of th~ feilur~ o~ tM ~rt of th~ s~id MORTGAGOk ro dviy, promptly and f~lly perform, diuh~r9~,
~a~tutt, effect, complet~, comply with and ~bide by ~ach ~nd every the ~tiput~tion~, ~yrterrr~nh, tonditiom, ~nd rnv~n~nt~ of aaid promJssory nots ~nd thii
mwtpspe ~ny or •ither, snd u~d costa, charyes •~d exp~naes, e~ch ~nd ev~ry, ~h~ll br immedist~ly du~ ~nd piyabl~; whetlur w not tMr~ b~ notic~ d~
m~nd, attempt lo collect or sui~ pendiny; ~nd the full •mount of each •nd ewery such poyment ~h~11 b~ar intere~t from fh~ dat~ thercof until paid ~t th~
r~~e of ~ine per certtum per annum; and a!! said costa, chsrqes snd expeme~ inturted or paid, toytther with tuch tntsnst, thall b~ stc~red by th~ lien of thi~
+rwn'OW~• .
6. That in iM event of nny bresth of thii Mortyape w def~ull on the p~rt of ti~~ MORTGAGOR, w(b) in the ~v~nt any of ~eid t~m~ of money
hK~in r~fKnd to b~ not promptly arrd fu!!y ps;d within thirty (30) days nexi afi~r thr ssm~ sever~lly b~coms dve snd p~yable, without dem~nd or notitt,
or in 1M ~v~nt eath and av~ry the nipuletio~s, ~yreemant~, conditiom ~nd cov~runh ot a~id promissory nots snd th~• rnortpsy~ any a ~ither are no1
~uly, promptly snd fully p~rfwmed, d~scharyed, exetuied, affected, compteted, compt~ed wirh •nd •b7ded by, then in eithsr w•ny ~uch ~v~nt th~ said
prep~t~ wm mentioned In uid promiuory note then remaining unpaid, with int~rtit ~cc~wd, and •II moneyi sec~rsd hereby, ~h~li b~tom~ dw and pay-
~hl~ forthwith, a tMra~her, ~t tha option of taid MORTGAGEE, ia fvlly ~nd compl~t~ly ii if •II of the Meid sumf of muney w~r~ oriqin~lty ~tipuleMd
ro bs pa+d on such day, ~nythinp in ssid promisyory note or in rhi~ Mwtpage to th~ contr~ry natwithtt~ndirtg; and therwpon w there~h~r ~t tfis nptio~ of
wid MORTGAGEE, without notice or demand, tuit at law or in equity, therafors or tMre~h~r bpun, msy be pro~ecuted st if all money~ atcur~d h~r~by
h~d rn~tu!~d prior ta its tnitiluliOn.
7. Th~t In 1he event that at ths beginning af or at any tima pending iny suit upon thl~ Morty~ge, or to foreclose it, or to reform it, or to enforts
paymtnt of ~~y cl~imi hereunde~, taid MORTGAGEE shall apply to the Courl having juri~diction thereot for th~ sppointment af • Reteiver, su~h Coutt •hNl
- forthwith •ppoinf • receiver of uid mortyayed property ail •nd ~ingvlor, includiny •il snd tinflui~r th~ income, profit~, Et~va an~ ~tvsnues f~om whatever
~ourcs darived, euh •nd every of whith, it bainq expreuly understood, i~ hsreby mortqaped ss if vp~c~ficslly ~et forth •nd dt~cribed in t1k prantinp ~nd
Fu~b~ndum clavus hereof, snd :uch Recaiver thall hava •II the broad end effaAiva fvnttiont •nd powtra in enywiea ~ntrust~rd by • Govrt to a Raceiv~r, •nd
wth ~ppointmsnt ~ha!! be mide by such Court as sn idmitted equily snd s matt~r of •bso~ute ripht to uid MORTGAGEE, and withwt r~f~rena to th~
~dequacy w Inadequacy of the v~lue of the property mortga9ad or to the aotventy or in:olvsncy of taid MORTGAGOR a the d~fsndantf, and th~t suth
nnts, profih, inwrrw, iuuss and revenuef •hati be apptied by ~uch Receiv~r accordinp to t1+~ lien u equity of s~id MOR7GAGEE ~nd th~ prsctiu nf sur.h
Gourt.
8. To duly, promptly ~nd fully perform, discherye, execute, effect, complete, comply wit'~ •nd sbide by each •nd ev~ry t~ ttipvlstiont, a9reemsnts,
ea~ditions and coven~nt~ in uid promissory nots ~nd this rteoApays iel fwth.
9. Th~t i~ th~ event ths ownership of the mortpeyed premiset, or any part thererrf, betome~ vasf~d in a person other th~n iM MORTGAGOR, tM
~ MORTGAGEE, it~ tucteuon and es~igni, may, without notic~ to the MORTGAOR, dsal with ~uch ~uccesso~ or succe~ior in intere~t with reftre~te to thit
mortyp~ and ths debt hsreby fec~red in t1~e eame manner a~ with Mortfl~por witiqut in any w~y vitiatiny or ~dischuginy the Mortq~qor~' lisbility her~.
~ undtr a upon ths debf her*by secured. No ?ale of th~ pr~mi~es hereby monqsyed and no forbeorance on the part of th~ MORTGAGEE or iti wcce~w~s
or rulyns ~nd no ~xt~nsfon of thm time for the payment of th~ debt nereby secur~d given by tha MORTGAGEE o~ it~ ~ucceswn ot auiyni, ~hall operat~
b nhrw, d»cl+~~, modify ch~ny~ or •ffect tM oriflirta! li~bility of the MORTGAGOR hersin, *ith~r in whofe or In part.
10. It h ~pecifically aQresd that time ii of the eusnts of thia tontratt •nd th~t no waiv~r of •ny obliyation Mrevnder a of tM obliyation t~•
tur~d fiw~by ~hall ~t ~ny tim~ thereafter ba held to ba • waiver of th~ t~rms heraot or of the instrument secured hsrby.
11. In addition to tha foregoinq monthly payments of print pal snd interes! required 'oy the promiswry note secured hersby, mortgagor cpvsn~nh
snd ~qren to p~y to mortgegsa with aach mon~hly payment ~n addit;on~l sum est;mated by mortgcgee to be eq~af to 1/12 of the annual ewt of the fotiow-
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A-All r~al property hxe~ levied or essessed ageinst the ~bove dex~ibed reel e~tate.
B-Premiums on fire end windstorm insurante ~s herein rcquired to be carried on the improvements tituate on the ~bove drscribed pr~mise~.
C-Premiuma on such morty~age yvaranry insuranca es mortpe~N ih~ll from fime to time deem fit to carry on the Ivan seturod hereby.
Mortp~qee sh~fl from time to time notify mortge9or in writinq of th~ •mount due and psyabte hereunder •nd •~ch sum shall there~pan be du~ end
p~y~ble on the dw date of the ncxt monthly peyment ~nd each suuesiivs month thsreafter unti( mortq~gse shall notify mortysgw of • chsnqa in tuch
~mourtL Such wm~ ehell be applisd by mortpage~ toward tM payment of n~l prap~tty tez~s, IMUr+nc~ premiums, and rrtortfl• e flu~r~nty iniurance
pr~mfums.
IN WITNE55 WHEREOf, tFw iaid MOR.TGAGOR ha~ 1~ and and t~~l Mx dsy ~rtd ye int aforesa' .
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STATE OF FlL)RlDA ~ • . , .
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MM ~1~~1dMdK~ i~d who ~xawt~d tM fOnqoirlp trnnvm~nt, ~nd acknowl«ly.d b~for~ rr» thatxrhq ~x~cut~d tMw arr» fa tFk purpw~s
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Citiz~ns hd~r~l S~vinys i loan Associ~Mioe ~ , •
of St. luci~ Countr . . .
3 Ft. Pierce, Flaide ~ l.r~ . ~ . , . . ~
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