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J. To pian a~d ca+tirwoualy kkp on tM buildinps now or Mreafta~ ~irwt~ on said land and on a!I cquiprrwnt and p~nonally covK~d by this map~
ap~, with ~11 pttmivnA thtreoo p~id in full, iir~ insuranc~ ie? the ususi sundard policy form, ~n a surn ~pp?ov~d by tM MORTGAGEE, and wiedttorn~
h~w~nc~ In tM uwal ~tanda.d pol~cy form, in a sum spproved by ~M MORiGAGEE; in s~ch comp~ny a compani~s as th~ MORTGAGEE n+ay
d++ctt and •II fin a~d w~ewbtorm insvranp policias on any of iaid build~ny~, ~~y i~t~r~st tl+Hein w pan thereof, in tM a~yr~pae~ wen afw~~aid a
In ucau tha~ol, th~tl conuin fM w~al ~t~~d mortyaye+ clause a such othN clwu ~s tM Mwtq~gN may rpu'ua. makieq the bu ~nda aid poti.
cia. tach and ~wry. parabi~ to said MORTGAGEE u in intere:t may +Pp~ar. arid each u+d every i~ch policy ihall 1» pranp~ty ~u:~n~d u+d delivK~d b
~ny held by said MORiGAGEE ~s furthN seturity fo iaid mor~9aye debt, ~nd, not less tM~ tee~ (10) days tn ~dv~~ of tM ezpiratip? of e~ch polity, to d?
livw ro s+id MORTGAGEE • r~w~l therwf, ~op~~hN with a ~ece~pt fa the premium of wch renew~l; and ths~ shall b~ no f'u~ ar windstam )nwrinp
plac~d on u?y of iaid b~ildinps. any Intt?~st 1Mr~in or part therwf, unleu in tM ionn'and with ths toss pay~ble as ~fa~:~Wr u+d in tFw ~v~nf ~ny sum
of morKy becoma payabl~ wKM~ uxh policy a potici~s said MORTGAGEE ~hall Mw ~h~ option ro receiw u+d apply ths sun~ on ~ccow+t o1 tM ind~btad-
nas Ncw~d Mn6y or ro p.rmi~ said MORTGAGORS ro receiv. and uk it a any psrt the+eof for other purposet, witMut ~hxebr waiviny Or unpair-
inp anY pvity, 1'~n ar riqht und~~ or by virtw of this mortyape: and in 1M ~venf s~id MORTGAGORS shall for ~ny reason fail ro keep tM said premise~ io {
M+iwed, w f~il W d~liver promptly uiy of s~id policies of insunnce to said MWRTGAGEE, or tail prompNy to pay fully an~r prsmivm therefp p in ~ny
rppsct fall to p~rforrh, d'ach~rgt exasuts, ~ffecl, complets, comply with and abid~ by this cove~ant, a u?y put hereof, said MORTGAGEE may pl~ce snd
WY ~ sud~ 1rowu~t~ or +ey put tMreof withovt walvinp a~ffsctirg anY optiorl, (i~n, puity. p ripht w+der w by virtw of thii INortpspt. an~ tM
full amo~nl of ~ad~ ~rd ~very suth payme++t shall b~ 'unmediately dw and pyabl~ ~nd shall bear intaesl from tM dat~ thaeof ~ntil paid a1 th~ rat~ ot
nie?~ pN tentvm pN ann~m and to9ether with suth ioterest t1w11 be secured by tFN lien of thES mort9pt,
1. To pKmif, oommit a wff~r ~o wut~, imairn~cnt or deteriwation of said property w ~ny put t}~sreof.
S. To pay all ~d ak~p~lar th~ ~a~ ch~~pes and expenses, inctudirg • reason~ble attorney ~ fe~ snd cwn of aMtncts of tiNe, tncvrr~d ar paid at
~ryr time by said MpRTGAGEE. becauN a in the ~ven! of tM failuro on 1he p~rt of tM said MORTGAGOR ro duty, p~ompNy ~~d fvlly perform, dwcMr9R
•xec~t~, ~ffact. oompkt~. tompt~r with and abide by each ~nd every the ~tipulat~ons, sgreements, conditio~s, ~nd cown~nb oi said promissory ~wt~ u+d thu
matpap~ amr w ~itFwr. and sa~d costs, ciwrges a~?J ~xpentes. each ud every, shall b~ immediately dw and psyaW~: whetMr w not ther~ be notici d~
mand, ammpt w colkct or wit pend~rg; snd th~ full amount of each and every wch paymem shall bear interest f~om the dat~ thereof ~ntil paid at the ~
rste of nie4 per ceotum per ~nnum; ~nd ~II said ccsn, charges ~nd expenses incurrr! or paid, topetha w~tA such iota~st, shsll be s~cvred by th~ litn of tFw ~
matp+p~.
0. Th~t in the evsnt of any beach of this Mortpage w def~vh on the part of the MORTGAGOR, a(b) in the ~vent ~ny of s~id sums of mon~y )
hsnin nfpred to bs not promptly and fully paid within thirty I30) dayi e~e:t after the same severally betome due ~nd p~yabt~, witlw~rl dema~+d w notice. l
or in rh~ ewnt eac~ and ~wry the itipvlafip», ag?eements, conditions and covenants of s+~d promissory oote ae+d this matp~e any a eith~r ar~ nq ~
~uly, prompNy u~d fully psrfwmed, d~scMrped, execvted, effec~ed, completed, compl~ed with end ~b'~ded by, then in either w any such ~vent tM ~sid aQ~
prey~t~ wm msntiw?ed in s~id prom~uory ~o~e then ?emainirg unpaid, with interest accrued, and a1! moneys secured hereby, shall becnme dw a~d pay~
abl~ fwthwith, w thereaher, at tM opt'wn of said MORTGAGEE, u fvlly and completely as if all of the said wms of mon~y were wipinally ttipulated
to be pa~d on such day, any~hirg in sa~d prom;ssory ~ote or in this Mortgsge ro tM contruy notwithstsnd~ng; and there~pon or thereafter ~t tM option of
said MORTCAGEE. without aotic~ or dsmand, w'rl at Iawr a in puiy, thercfore a fhereafter begun, may be pros~cuted +s if all naneys s~cv~~d hereby
had matVred prpr to its inttitution. .
•
7. Th~t in ihs ~ve~t that at the beginning of p at any time pending sqy suit upon this Matgage, o~ to foreclos~ if, or fo reform if, or fo en(oro~
p~yment oF ~ny daims hereunder. ~sid MpRTGAGEE sball ipply to the Court haviry jurisdiaion thereof fw the appo~ntmant of • Receiva, svch Couft shill
forttiwith sppoint a receiver of said mprtg~ged property all and singul~r, includ~ng all and si~gular the income, profits, issues and revenues from wh~tever
wuru derived, exh and every of whkh, it bein~ expreasly w+dersrood, ;s hereby mutgaged as if spec~fically tet fo~th and dracribed b~ the pr~nt'ug and
h+b~ndum clauses hereof, aod such Receiver shall have alt the Moad and effective furxnons and powers in anywise eMrusted by a Court to a Receiver, snd
tuch appoiotment shall be made by such Cour1 as sn admitted equiry snd a matter of absolute right ro ssid MORTGAGEE, ~nd withouf refe~ence to tha
~dsqvacy o? kudequacy of ths wlue of the property mortpaqed w to the wwency or i~solvency of said MORTGAGOR q the defendanb. and that such
renrs, profits, income, ~ssues and revenues sMll bs applied by such Receiver accwdiny to the Iien w equity of s~id MORTGAGEE and 1Fii '~rRofia~ oE such ~
CouA. .
& To dvly. Promptly and fvly perform. d'+scharge, execute, eff~d, comptete, comply with snd sbide by e+ch and ev~ry ~tM stipulatio~s, ~greements,
conditions and covenants in said promissory note ~nd this mortysge ut forth, y _ .
9. Th~t in tF~e event the ovvnership of the mortga9ed promites. or any p~rt tF+ereof, becomes vested in a perwa other thao the N10R1GAGOR, tl+~
MORTGAGEE, hs wcussors and ~uiyns, may, without notice to the MpRTGAOR, deal w;th such wcceuor or successor ;n . imerest with referee~ce to thia
mortyage and the debt hercby secured in the ssme manner as with Mwtg~gor without in ~ny way vitiatirg or d~stMrgin~ the MorlQ~gori liability here.
unckr a vpon the debt hcreby secured. No sale of the p?emises hcreby mwt9aged and no forbe+nnce on- the pan of the MORTGAGEE w. its successors ~
a assigns u+d ra extension of the time for the payment of fFro aebt hercby sec~red qiven by tht MORTGAGEE or ifs succesaors w asii9~u, ~hall operaq
ro rdeas~, dischsrqe, modify chany~ or affect the wiginal liability of the MORTGAGOR hereiry either in whole a in psrt. ~
10. It is specificslly agreed thst time is of the eucnce of this contract ~nd tMt no waiver of ~ny oblig~tion hereunder p o{ tM oblip~tion s~-
axed he~sby sMlt af any time rlrcreafter be hetd to be ~ wairer of ths terms hereof or of the instrument secured herby,
11. In sdd~twn to the fwego:ng mo~thly payments of prin~ pDl and interest required by the promissory nore secured hereby, mortgagor covenants
+nd agrees to pay to mortgsgee with each momhly payment an ~dd~riw~al sum estimated by mwtyagee to be equal to 1/12 of the annual cost of the follow-
A-All reil property bxes kvied or assessed against the above described resl estate_ ?
b-Premiwos on (ire and windstorm insvrance as t?erein req~;red to be car~ied o~ the improveme~ts sitwte on tfie above desvibed premisey.
C-Premivms on such mwtgsge gwnnty iruurance as mongsgee sl?~II from Yme to time deam fit to carry on tF~e loan sec~red hereby.
IlAortgsgee shali irom time ro time nority mortgagor in rvT;ting of the amovnt due and psyabk he+evnder and such wm shall fhereupw~ be due ~nd
payable on the due date of the ne:t monthly payme~t and exh succe~sive momh thereafter until mortgagee shall natify mortgagw of a change in such
xna~nf. Such sums shall be applied by mortgsgee toward the payment of resl property taxes. insurance prem:ums, and mwt9age 9uaranty inwrance
P~emivms.
IN WITNESS WHEREOf, the s+id MORi6AGOR has hereunto set his hand and seal the day ~nd fint aformaid.
Sipn~d, S~d and ivaed tla pr~s of:
~ - 0
•n
~ n
STATE OF FLORIDA ~
courrtr oF S t L.uc i e ~
i
8tfore rn~ panon~llr appeared - L;B Al'+gA 1) P r i n r~ !
MArY_~nn Prjee his wxe, to me we~~ known ,~d known w me w bs
~ ?he ind'n+dwb desvibed ln ~nd .who ~xecuted the foregoing instrument, ~nd ~cknowledged beforo me that they exewted the wme for the pwpw~s
; ?r»..u, .xw:,,.a. n.~a Mary Ann P ri c e
~ ~r. ~r ..;a _ Ge orRe D P ric e ~ ~ ~~~1e ~
~ examin~tion by rrw taken wp+rate and ~part from her iaid huiband, acknowl~dqed to and befwe ms that aF~e executed said iratrumeat freety and volvo-
?~ily aN! withaA ar~y compulsion, constnint, spprclKrui~ feu. of w from hsr s~id 1wsb~nd.
, WITNESS my hand and official se+l thii ~ y day of A. D. 19~
{
~
i Notsry Pv in ~nd for the State of Florida at Lup~
M xpires;
` Retwn Ta, p y C io~ e
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j u of ~ pp.~ v;~.«. . ~ ~ 0 0 K r'rot+ry PueNc. ld1~ ot llorRl~ ~t ;
MY Commiuion Expfns Aus 6, 196 ~
~ ` ':~Y~,tr.e~'e.s~.~ Fro.~a, 6wIK~i.~i01.1L~
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~ ~ ROG~ti f~ i;:"~ f:::S. CLERK _ ~ c~~"' - , ~ ~
~ ST. LUCfE COUhTY, _ _ .
' FLORiDA - . • . ~ ~ - -
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