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3. To plac~ and contirwou~ly kHp on tM buitdirgs now a Mreafta sit~ate on sa~d lud and on all eqvipmsnt ~e~d p~nonaily cov~nd by tfii~ mort~
y~, w~th ~II premiumt ~hsreon p~~d ie lull, fire insuranc~ i~ tht u~ual sandud polccy form, ~n • sw++ ~pprowd by ~M MORTGAGEE. and windpam
~naw~nn in ~M uiwl iundard pol~cy tam, Ia a sum ~pproved by th~ MORTGIIGEE; in wch company w compan~es a tM MORTGAGEE ~nay
du~ttt u?d dl. fir~ ~nd wind~tam insu~a~ policiei or? any o( isid buitdin9~, ~~y interesr therein w parf tF~e.aof, i~ tM aQyrepa~~ wm ~tprt~aid a
in ~:cea ther~of. ~lull contain ~M uswl uanda~d mor~ps~es claus~ u such o~her claus~ as ~M Mo~ty+9es may ~pu'a~. makinp ~h~ lou undN a~d ~ali~
ciy, ~~cl~ and evKy, psyabb ro ~sid MORTGAGEE ~s its interest may app~u, a~d each ~nd every i~ch policy sh~ll b~ promptly ~st:yned snd delivKed ~o
any h~ld ~y aid MORiGAGEE u turthe~ tecurity to said morfpap~ dtb?, and, not leu tMn 1en (10) :Vys in advanc~ of t!?~ ~xpir~tiw~ of each pol~cy, to da
~iwr to aid MORTGAGEE • ~tnew~l therwf, to9etMr with a receipt ior the premium of svch ~enew~l= ~nd then shall b.r no fir~ w winditam inturant~
pl~ad on ~ny of s+id buildi~. sny interat Nxrrin w pa~~ tM?eol, uniess in th~ form'~nd with tFw lou payable » afa~s+id: and in tM ~v~n~ aey sw++
ot mon~y becom~s pay~61~ u~der wch policy or potKi~s said MORTGAGEE sMll h~ve ~M optan to receiw and ~pply th~ s~ms on ~ccoun~ 01 tM ind~bted-
e~u secv~~d Fwr~by a ro permi~ said MORTGAGORS ro receive ~nd use it or any psrt ~hereof fw o~he. purposes. wirhout ~he.ebr wa~vi~y o~ ~mpair-
inp any puiry, litn or ~iyht unds~ or by virtw of this morsps~~j u~d in 1M event Nid MpRTGAGORS shall (or any r~sson fail 1o keep th~ sa~d p«misa io
insursd, w fall b deliver prompNy ~ny of said policies of insunrw to said MORTGAGEE, a fsil promptly to pay fully ~ny p?emium therefw o~ ie~ any
r~spatt fail to pKfotn~, dischugt, execute, ~if~ct, compkt~, compty wirh and abi~M by this covena~t, p any put herrof, ssid MORTGAGEE may pl~c~ and
pa~~ fa iuch inawanc~ or ~ny part !hareof wi~hout w+lvinp o~ aftecti~+p any optan, lieo, pu~ty. a riph~ unde. a by vinw of ~hi~ Mortyap~. ~ed tM
full ~mo~at of e+ch and tvKy ~uch p+ymer?t sh~ll M im~oediatdy dw and pay~We ~nd sMll bear intkest from tM dat~ fhKtOf until paid af tM rat~ oi
nirN ptr tentum pp aruwm and togethe~ with s~?tA interest sMll bs secvred by the lien of this mort~ap~.
1. To pKmit, oommit w suffK no wast~, imp~i~meM w deterioration of uid property o~ ~ny put thereof.
5. To pay ~II and si~+pula the •costs, cF?upes and expense~, i~ck?dinp s reasonsbk attomey i fe~ and coits of ~bstracts of tiNs, incurred w paid
any Y~me by said AIIORTGAGEE, Mcsuss w in the event of the fa~lure on ths p+„ of th~ s~id MORTGAGOR ro duly, prompNy and fully perform, d~xharg~
e~ecut~ ~ff~et, compkts tomply with and ab~de by each u+d every the strpulatiora, preements, cond~tions, and covenann oi said prom~uory ~ote and thia
matyp~ ~ny p eithe~. and ~a~d cos», chupes snd eapernes. ~sch and ~very, sh~ll be immedi~tely due ~nd payable: wherher or nm ther~ b~ nor'ce da
mu~d, attempt to cotltct or svit pendirg; and the full srrwunt of eath and wery wch p~yment sMll bea. interes~ from the date thereof ~ntil paid at the
rate of nine pe~ centum per ~nnum; u:d all said c8sts. cM~yei and expeniei incwred or paid, topether with tuch inttresl, shsll b~ setuted by tM lien of thit
mwty~•
A TMf in the e~ront of any b~each of thq Mwtyape or defwlt on the psrt of the JMORiGAGOR, q(b) in th~ eveot ~ny of ~a~d sums of mon~y
I,erein r~fe~r~d to b~ not prompty ~nd fully paid within thirty (3p) days nex~ after ~he same tever~tly becane d~?e and payable. without demand a notice.
or (c) in th~ ~veqt esch ae?d every the itipulations, agreemenri, condt~ions and coven~nn of u:d p.omiswry nore and th~s mortpaye any p e~~he? ue no1
ivly. pompHY and fully perform~ d~xh~rped, executed. ~ffected. compkted, complied with and abided Sy, then in eithe~ w~ny such event tM s+id aQ
yregah wm mee?~ia+ed in said promiuay not~ then remaininp ~npa;d. wlth interest ~cuued. and all moneys secvred txreby. sMll bccwne dw and pay~
abl~ (wthwirh, or thereafrer, at tl~t option of said MORTGAGEE, u fuly and completely ~i i~ of ?he said w~ of mw~ey were ai~inally ttipul~ted
to b~ p+id or~ wch day. ~nythinp in said promiuory note or in this Mo.t9~ge to fha co~~rary eotwi~hstandi~g; end thereupon w thereafte~ a~ the op~an of
as~d MORTGAGEE, without ~?otice or demand, suit st law o? in equity, therefwe o? thereafter begvn, may be prosecured u if all moneys secured hereby
had marored prw~ to ib irntiWtion.
7. That in tl+e event that ~t the beginning of or ~t s~y t~me pend;ng ~oy wit ~po~ ~his Mwtgage, w ro faeclose it, a ro reform it, w to enfo?n
payment of ~ey claims haeu~der. said MpRTGAGEE sl»II apply to the Cou?t 1»ving jur~sd~c~:c+n thereof iw the ~ppo~ntment of a Receirer. svch Ca~t shall
forfFiw;1F~ appoint s retcivN of uid mortgaged poperty all and iu+gvlu, includ~ng all and sinqviar Ifie income, profiri, issues and revenves from whatevtr
wurce dKived. e~ch ~nd every of whKh, it bei~p sxprculy undcrstood, is hercby ma~gaged u if apecifically set fath and dewibed in the qranting and
hab~ndum cl~vses hereof, and :ucA Receiver shall Mre a11 the b?oad and e;fectiw fvncnons and powen in ~nywise enirus~ed by a Court to a Receiver, snd
such appointment ihall be made by such Court ~s en ~dmitted eqvity and a matte~ of absolute right to s~id MORiGAGEE, and withovt ~eference ro the
adeq~+cY w kudequ~cy of ths value of the propcrty mor~gaged w to the sotvency w insolrency of ~aid 1NORTGAGOR o~ rhe defendants, and thaf such
rer,n, profin, income, iuues snd revenues sh~ll be ~ppt;ad by tYCII RKOivN KCOf{~i~ t0 tll0 IIM Of equity of said MORTGAGEE snd tAe practice of wcA
:.ouA, -
8. To dvy. prompfly and ivll~ perform. dixMrg~. execute, e~fect, complete, comply with ~nd abide by escl~ and every the stipulariaa, agreemeots, ;
conditiorq and coven~nn ~n sa~d prorti~uory note and tha mwtyage set fath.
9. ?hat in the :vent the ownership of the mortgsyed prem;ses, a a~y p~rt thereof, becomes vcsted in a person other tFun the MORTGAGOR, 1M
MORIGAGEE, iti succeuws ~nd augns, may, wirtwut norice to the MORTGAOR, deal with such ~vccessor or tutteuw in interest with reference to this
mo.eQaps u~d the debt hereby secured in the sams n,anner as w~rh Mort9agor w~thout in aey way vit~atinp a d~scharging the Mwt9agors' li~bil~ty here-
under or upon the debt hereby secured. No sala of ~l~e premises hereby mortgaged and no forbearance o~ the part oi the MpRTGAGEE or h~ aucccsson
or ~uig~u ar~d no ex~ension oi the time for the p~yment of the debt Aereby secwed Qiven by the MORTGAGEE p its ~ucce:sors a au;gm, slwll operate
ro rekas~, d~scM~, modify clwnge or affect th~ wiyinal li~io7lity of fhe MORiGAGOR herein, eitF~e? in whole~oi in •yirt,
10. It h specifically ~greed thi! time h of the cssence of fhis confrsc~ and thaf ew waiver of any ob1'parion hereu~der a of the obligstion se-
CLfld iflfll'!y ilN~l at afly tY1~! fANNf~K If! Ikld /O (1! ~ w~IVN O~ 1M terms hereof a of the instr~nent secured he.by.
t 1. In addirion ro the forego:ng monthlY paYments of prin~ p~l ~nd inteiest ?equ~red by the promissory note secured hereby, mortgagor covenants
and +grees to pay ro mor~gagee with each momhly paymem ar, add,rional sum estim~ted by mwtgagee to be eqwl to 1/12 ot the annual tost of the follow-
'ng:
A-All reat property aaes kvied w aasessed against the above dest~ibed reat estare. ~
8-Pramiums on fire and windstorm inswance as herein requ:red to be urried on the improvemenri sitwte on the sbove destribed premises.
C-Pr~miums on such mwtg~ge gwrsnty insurance as mortgagee shall from time to time deem fit to urry on the Ipsn secured l+ereby.
JNortysgee sh~ll from time to t~me notify mongsgor in writiny of the amount due and pay+bk herevoder and such wm shal( tFxreupon be d~e and
payable on fi~e due date of rhe next monthlY P+Y~nr +nd eacl++ success~w month rhercafM~ ur.tif mo.tgayee shall notify mortgsgor of a charx~e in wcl~
amount. Such sums shall be applied by mwtyagee toward the payment oi reai property ta:ea, inwr~nce prem:wni. and mort9a9e 9wrsnry inwrance
pr~miums.
IN WRNESS WHEREOF, the said MpRTGAGOR Mi herevnro aet his hanJ ~nd ieal the day ~nd year fi a asa;d, ~
iwred i~ the presenoe of:
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STATE OF FLORIDA ~
cour,nr oF S t. Luc i e
eera.. me P...«~sny ~,ppe~Ka i a i s ~
J~rrs.nti e L ThomQSOn and Juanita Thom son. :
P his w~r~, to m. we~~ known .~d krww~, ~o me ro b. ;
fhe individwts described in and who execv~ed the fore9oinp instrument, and acicnoMrtedged beforc me ihat they exea,ted Nx sam~ tor the pwpwes
rn~?e~, .:a~d. a,a rh. „~~alerie V Harri A~ wiPe of th sai d Fr nkl i n e? H rZ~i g}_gnd
~fa ~at-A~a~d
upoe • sepa.~t~ and privat~ ~
exsmaution by me aken sepsrate and apart fr id husb~nd, acknoMrlecipe~ to ~nd befor~ m~ that h~executed s~id 'uqtrument freety and vo1w~.
rarily u~d witho~t any computsio~, const~aim. appre ~ or fw of w from~Fe$ltid Fwnbu?dB ~
WITNESS mr h~nd uid official tea! thi~~ ~ ~y ~ A. D. 19~.~252
Notsry P in and for thg, Stay of brida at lar9e
, • ~ . . MY ion ~~es:'&//i?/~i ~ ~
•t
~ FfLED AND RECORDED
of Fo:r•~~.. . ~~'.--~j~_ B00K Notary ~ub~c, ne~. w Aorw. at tar~e
' ~ Ffor'td5~ ~ ~ My Commission Expins A a. 6, 1967
' Bond~d B
y Am~rican Surt
1
y Co. ot N. Y.
a,.~°Q -'66 APR 22 -~i'M 3: 36
: r,.i~ ;
~
~ ° : ~ 1446?62
: :
L R~GER P01 i RdS. CLERK
J' c~', ~~'o ST. LUCiE COWNTY.
~ FLORIDA
L.
~l,~i~ ~
j' 8041(~~•,~ Lil~,
~ r, f ~ ' s
;'r"''~• ~ ~ ~ y , _ _
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