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3. To pl~c~ and contin~o~?sly kNp on tF?~ bvildinp~ now or MreaftK Wtwt~ on said land ~nd on ~II equipme~t and pKSOnally tov~r~d by this matp~
p~, with ail pr~miurr4 therwn paid in full. firo in~urance in ths uswl ua~,dud policy form, ~n a sum +pprowd by IM MORiGAGEE, u?d windstwm ,
tniwu~n in tM uswl u~~dard poi~cy fam, in a sum approv~d by tM MORTGAGEE; in such comp~ny w ca+~p+~1M as tM MORTGAGfE may i
dir~ctp ~nd all fU~ ~nd wi~dslo~m inwr~nca policie~ on any of iaid buildirqs, ~ny inter~st th~r~in w pan the~eof, in tM s~prepar~ wm afwaaid w
In uccea therwf, sh~ll contain tM uwal sundard ma~pa~ claus~ a such otM. cisu~ u tM Mwtp~ may rpv'u~. m~kinq ~M loss undM a+id poli~
cMS, ~+ch and every, payabl~ w~aid MORTGAGEE u its interest may appaar, and e+ch and ~wry svch policy ~I+~II b~ promptly au:9ned u+d delivertd W
~ny Mtd by ~id MORTGAGEE ~s fur?ht~ secvrity to said mortpag~ deb~, and, not leu /Mn ten (10) days in sdvance of tFw ~ap'uNion of ~ach policy. ro d?
liwt to s~id MORTGAGEE a ~e~wal tMreof, tog~tMr with ~ nt~ipt iw the prsmiwn of such ~tntwal; ~nd ~ha~ shall b~ no fw~ w winds~am Intw~nt~
plaud on ~ny of said buildinps, ~ny interest ther~~~ or pa?t therwf, unku in ~!K form'~nd wi+h ~M lou payabl~ ss •fw~said; u+d in the ~v~m +~y sum
of nwn~y beca++a payable v~de~ such policy or policies iaid MORTGAGEE sMll Mw ~M oprion ro receive and +pply tM sareK a+ accow?t o~ tF» 4+debted~
Mp fKyr~ FN~tby W 1o permif uid MORTGAGORS to reteiw ~nd us~ Ft p ~ny part thereof for othc~ purposes, without th:reb/ waivi~~ a~mpair•
irq any puity. lien p riyht unds~ a by virtw of thls mort9sge; and in the ~vent said MORTGAGORS ~hall fa ~ny re+son fail ro keep tM said pr~mis~s so
insured, w fail b d~liver promptly ~ny of said policies of insunnca to s+id MORTGAGEE, w fail promptly to pay fully any premium thsrefw a in anr
rap~d fail b pKfoan, duh~rye, executs, ~Ifect, tamplete, comply with ~nd abid~ by this covenant, a any paN F+Heof, uid MORTGAGEE may plac~ +nd
paY ia such &avranc~ a~ny psrt thereof without wahinp a ~ff~ctii+p any oprion, liee. puity. w ri~h~ under a by virtw of this Mortg~pe. and tM
full amount of ~acl~ and ~w.y wch paymem ah+ll b~ immed~~ely dw •nd payabl~ and sha11 ~r int~reit from ~h~ daa thereof unril paid M~M ?a~~ ol
nirN pN centvm per ~mwm and together with sucA i~terest sh~ll be secured by tM lie~ of this mort9ap~.
I. To pKmit, oomnut or suffe~ no wasq, impa'ument w detaior~tion of said property a ~ny put the?wf.
5. To pay all ~nd sinpular tFa.cwts, charya and expenses, includinp s n~so~able atto~ney's fee snd cosri of abst~scts of title, incun~d w p+id st j
eny time by s+.~d MORTGAGFE, becsuse w ia the event of the iailu~e on th~ pan of th~ said MORiGAGOR to duly, promptly and f~lly pe~form, d~scFw~gR
e,cecute. ~ffsc~. canpkt~. comply w:th and ab~de by each and every the itipulafions, apreements, canditiaw, ~nd oovenann of said promiuory na~ and thii
mort9ap~ arryr a ei~her, and said costs, charpes and experres, each ~nd every, ihall be immed~ately dw and payablr, whether a not tiw~ b~ notice da
m~nd, ane~ to collect or s~it pending; snd rhe fvll amount of each ~nd evay wch p+ymcro shall brar intcres~ from the dat~ thereof ~ntil p~id at tM
rate of rtine pe: centum per ~nnun+; and all said cc~ts, cFurges and expenses iocvrret! or paid, topether with Wch i~taeit, sMll b~ attwed by the lian of thil j
matpap~. :
6. TMt (a) in the event of any breach oi this Mortyspe w defwtt on th~ part of the MORTGAGOR, w(b) in the event a~y of said swns of mo~y i
herein referr~d M be not p~omptly and fully paid wi~hin th~rty (30) days next afte~ the same sever~lly become due ~nd payable, without dcmand or notice, i
or (cj in th~ event each and tvery the stipulations, agreements, conditans and toven+nts of ~a~d promissory note ~~d this mwtyape ~ny a ei~Mr u~ nol ~
~uly, prompNy and fully performed, discharged, exetuted, effected, tompleted, complied with and abided ~iy, thsn in either a any ~uch ew~t tM said ap~
yregst~ sum mentaoad in said pranissory note then remaininp unpaid, with infcresf acuved. +nd al~ moneys sscured hereby, shall becom~ dw and p~y~
abte forthwith, 0/ II1QfNEtN. at fhe option o( said MORTGAGEE, u fully ~nd comple~ety as if all of the said sums of ma~ey we~e orgin~lly atipulatcd
to be paid on such dsy, anythirg in ss~d prom~ssory note w in fhis Matgage to the cont.~ry notwithstsnding; a~d th~reupon w thereafte~ ~t the option of ;
:aid MORTGAGEE, without notic~ or demsnd, svii at lew w in puity, therefore or there+fter be9un, may be prosecuted as if all rtaneys secured hertby
had rt+uured ptwr to ib imtitution.
7. TMt in th~ even: thst at the beg~nning of or ~1 ~ny time pending ~oy w~t upon this Mwtgsge, w to fweclose it, w ro refwm it, or ro enfora
payment of any daims hereunder, said MORTGAGEE shall ~pply to the Court I+avirg jurisdiction thereof ior the appantment of ~ Receiver, such Court shsll
Fwtliwith ~ppoint ~ recciver of ssid mor~gaged property all and s~ngular, includ~ng all and s~nguta~ the i~come, profits, iuues and revenues fran whabver
wurte derivtd, each and evtry of wh~ch, it beinp expresaly understood, is hereby mortgaged ss if speciiicalty xt forth ~nd desuibed in the yr~ntu~p and
habendum clauses he?eof, and such Receiver ahall have ~II the broad and effective fvncnons and powcrs in snywise entrusted by ~ Courf to a Receiver, and
•~ch sppointment shall be made by wch Court as an admitted equiry ~nd a mattcr of absolute rgM to said MORTGAGEE. and without referenct b the
sdeq~~cy a insdequacy of the wlw of the prbperty mort9+ged o~ to the sotvency o~ inwlvency of iaid MORTGAGOR w the defe.~dann, and that such
rems, profib, income, ~~es aod revemres shall be applied by such Receiver xcwd~np to ~he I~en or equity of sa;d MORTGAGEE and the pracria of wch
Court. ~ {
8. To duly, pranptly ~nd fiilly perfam, d'ischarge, execute, effect, complete, comply with ~nd ~bide by esch and every the stipulalans, ~yreemenb, f
conditaro and cove~+nn in said promissory ~ote a~d this mwt9sge ut fwth.
9. iMt in the event ths ownership of the mortgaged premises, a any psrt thereof, becomes vested in • penon otMer than the MORtGAGOR, th~
MORTGAGEE, Hs wcceuws snd auigns,_ rrWy, withow .ratice to the MORTGAOR, deal with such wcteuor w wccessor in interest with reference ro tha i
mor~gsye and the deb~ he.cby ~ecured in the same manner as with Mortgagw without in ~ny way vi~~a~irg w d~xharging the Mwtyagws' Wbiliry h~ra
unde~ o? upon the debt hereby secured. No sale of the premises hereby mwtgaged ~nd no fo?bearance on ~he put o( the MORTGAGEE w its successon
a+uigns and no exrension of the tirrK fw the payment of the dcbt hereby ucured ~ive~ by ~he MORTGAGEE or its sucusson or assiyns, shall operate
ro rekase, dixhary~, modify change or ~ffect the wiginal liab~l~ty of the MORTGAGOR herein, sither in whde o~ in p~rt.
10. It is spec~fically agreed tMt time is of the esxnce of ~his contract and that no w~iver of s~y obliyatan herevnder a of ths obligatia? se-
a,red hereby sMll at any tima the~eaher be 1?eld to be s waiver of the terms hereof o~ of the instrwnent secured herby.
11. In addition to the forego:ng monthly payments of princ'pDl and imerest requ~red by the promiuory note secured hereby, mortgsgor tovenants
and agrees to pay to mortgagee with each monthly psymeM an addir'wnal sum es~~mated by mortyagee to be eqwl b 1/12 of tha annwl cost of the follow-
i ng:
' A-All real property tsxa levied or assessed against the above dexribed re~l estate.
B-Premiums on fire and windstorm inwrance as hcrein req~~red to be ca.ried on t!?e improvements sitwte on the above described premises.
C-Premiums on suth mortgage gwnny inwrance as mo~tgagee shall from time to time deem fit to csrry on the (osn secured hereby.
Mortgsgee shall from tirrK to time notify mortgagor In writing of the amount due snd payable hcreunder and s~ch wm shall therevpon be dve ~nd
! payabk on the due dare of the next monthly payment and each successrve montF? thereafter until mwtgsgee shall notify mortqagor of a change in wch
; amount. Such sums shall be applied by mwtgagee toward the psymem of real property taxes, inwr~nce prem:ums, and mortgage gwranty inwrance
! premivmf.
~ IN WITNESS WHEREOF, tF?e said MORTGAGOR has herevnto set his hand and seal the day year fint afwesaid.
~ S~aled and delivered ' pr of: ~
~ v ~
, ? Q
~ n..n
~ i ;
( TATE OF FLORIDA ~
SS. ~
St. Lucie ,
eer«.,,,,p.,,,~,u ,~.,,~a Ar1iQs D. F.theridee
Mar_y Etherid~e his wife, ~o ~~u ~ ~ a~':
aec
rhe ind'~vkluab dewibed in and .who executed the fu instrurt~t, snd adcrwwl k~r ' •
egoirg edped before me that they execvLed thi ssrt~s for t~»~u~p~e~=_
t,,~,~n, ~xa~a, a~a rr~ Me rv E . Ethe ri d~e : ~ . • ; ; ;
~ W;fe w;~ Arlj ss D. Etherid _e ' ~
~ exsmination by me tsk_n separate and apan from her iaid husband, ~ckiwwledged b and befwe me th~t she executed sa' _~I~Oq~aSf~iil~j~an¢'~~ ,
~ rarily and withovt aqy compulsion, coratraint. ~ppreheraion, or feu of or irom her said husb~nd. `''.•~,.f...
~ WITNESS my h+nd snd offici~l seal this ~,4Z~~ d~y of Ma rch /ti .D 19
66
~ i
6 L~f+ ~.--n~=
i
~ Nots Public in snd fw tMe Sute of Florida at L~r~e
Retvm To: My Commission acpir~ ~ 0~ AM1~
~ Fu., ~a...i s.~s a~~ n~,«~ar~«, RFC ROED Mp C~siM E~pia 3~t. 23,1969
~
~ of F«+ P~~.«. ~ 1l. ~ C~N a p p K ti n~. a a..~. c~
~ , ~ _
~ _ f8n Pierct. Florids ~ ? ~
~ '~i.
~ . 2 ; 51
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~ : _ ~ i43~JJ K
~ . ' _ r::~ : ~~YR
~ - - . " ~ R~G~E~~ ~C~tE C0U S .
~ . ST. FL~RID~
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t ~ l' BOOK 139 397 ~ ~ ~'~J '
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