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s. To plao~ and ca+tYw~o~aly 4Np on tM buiid'uips now a M+~+ftM ~ituaN a+ said land and on all M~IpmM~ ~nd PKwndM cowt~d bl? tNs n~or~P
p~, with dl pr~miwrA thK~on paid in full, fin iiuwann in th~ wwl surd~.d policy fpn~, ~n • wm ~pprowd by th~ MORTGAGEE, ~nd wiad~tonn
~mw+no~. tn tM uiwl stand+.d pol~cy for~n. in • swn ~pprov~d by ~M MORTGI?GEF. in wch cowipaiy a aon+pai?i~s a tht MORTGAGEt n+ay
dir~ttt and aN fin a?d windttonn M+tw~na policia on ~ny of Nid b~itdinp~. «+y ie~Nns~ thKNn w part tlw~oi, in th~ apOrpaf~ swn ~faaaW a
i~ txaa tMr»f, shatl :ant~ln tl» uswl uanda?d mo~rro+~t dwst a wth otMr cl~v» ~s tM Ma~9+~ ~++Y ?~4~~. m+~Y tM loss wdN ~aid pol4
cia. wch w~d w~.y. WYaW~ w uW MORTWIGEE a in in~erest may appqr, sr?d ~acA and ~very s~rch policy ~fwll b~ P~+Pth as:9n~d and ddivN~d ro
~ny lwld by ~aid MORiGAGEE a fur~Mr acurity ro said morfQape dtW, and ~W 4sf tFwn t~n (10) days in advaea of tM ~xpkation of ~ach policy. ro d?
liwr to uid MORTGAGEE • ne~wal tMr~of, to~e~h~. with a nceipt fw tM pnmiwn of wch ~~exwslj and tMn sA~tl b~ no fu~ w wind~tam irawanu
pl~d on ~ of wid bvildinpa, any intKat tM~~N+ a put tMnof, unku in tM Mnn'snd wirh ~M !ws payabl~ afon~aid~ and tn th~ ~wn~ any wm
ot mo~y b~ca~ pyaW~ wcA policy a polki~ ~id MORTGAGEE aMll h~w tM option ~o r~ceiw sod ~pply tM sam~ on acoowH o1 tM ind~bt~
nas pcw~d Mnby or b pKmtt s~i3 MORTGAGORS to rec~iw ~nd w~ h w~oy part thcreof (or other purposes. w;~hout thxeb~ w~ivinp or impair-
~^0 +~Y ~b. ~ a~~t x~ ~u+~ ~~++'~?t~pet ~nd M~ d» ~wnt wid MORTGAGORS aMll fa u~y nssoo fail ro ke~p tM wid pr~misss w
imw~d. a f~il w detiwr promptly ~ny of s~id polici~s of inw~nw to said MORtGAGEE. a hil promptly to p~y fvlfy a,~y premium tMr~fa or I~ a~pr
rap~ct tai) b pKfocn~, disd~uye. ~xecw~. ~tf~ct. canpl~n. compy w7th ~nd ab;d~ by this oov~na~t, a any part I+awf, said MORTGAGEE m~y pl~ ~nd
p+Y fa wd~ M~wano~ w ~ny put tlw~eof w~thout w~lvinp a ~fhctinq anll oM~on. Ii~. puity. o~ ripb~ wxbr or by virtw of this Mortpap~. and tM
~,u +nrowu of .+ch «d .wry wch pay~?~ sh.u b. unm.d~~r.y dw «+d P.yaa. a~xf shau be~. r~r.~esr eom ~M d.a t~e.wf w~ru Pasd a~ rh. rat~ of
ni~ pN cw~nrm p~r an.~wn and to~g~~her with uKA lnter~st ahaU k» secured py tM li~n of thia mort~.
I. to pamit, aw~xnit w wffa no wat~. imp~imwet a d~arioration of said p~opKty a sny paM therwf.
S. To pay ~11 a~d sin~,4r th~.oah, chargss ~rd exp~rues. 'aKlud'?np • reaaan~bl~ attorn~s fee ud aosts of ~bstr~ets of titt~, incwr~d w patd ~t
•ny tin?. by a~d MpRTGAGEE, b~caus~ o. M+ tM .v.nr of ~M f~ihm on ~h. p.n of tM aaid MORtGA~t w dufy, prompriy ~nd fvliy p~r?o.r,ti, ~;sc~r~
.xa~cvt~ ~fhd, aompk», canph witA and ~bid~ by tach and ~very th~ stip~rl~tiona, ~pre~msn?+. ca+ditiwn. ~nd coweants of s~id pranissory not~ and tha
"rortQ+p~ +nY a ~itl~r. and said costs. chuya sr+d ~xperres, each and every, shall b~ irtinediately dw ~nd payaWr, wMthe~ o? not tMr~ b~ norici dr
m~nd, ~thmpt to ooUect or wit ~ed'inpj ~rd Mt ful) amount of ~ach and ewny wd~ p~ym~nt th~ll be~. intertst irom tM dat~ tMr~of untll p~id ~t the
rate of nin~ per c~ntwn p~r aorwm; ~nd all wid cbsn, d~uyet u~d ezp~n+es incwnd o? paid, topNMr with s~ch intenN, shall bt s~wr~d by th~ lien of t1w
~q~
0. 11+~t (a~ in the wer?t of a~r brsach of this Monqay~ or d~favlt an Mr pirt of th~ MpRTGAGOR, a(b) ;n tM wsnt ~ny of s~id wn+s of ewe~y
hsr.tn .•h.r.d a be nw p.anpry snd fuly Paid w~rh~n ~h~.~y (30) d+ys naxt sfter 1M sun~ seve~~lly becom~ du~ ~ew! payabl~, without dNnand a notio~,
a(d in tM rwn~ ~sch and ~wry th~ stipulatiaq. ~9ne~++b, oa+ditian +nd aovenanb of said prom~uwy rat~ ~d tha morqay~ any a titl~er ue nol
~+h~. a~N •r+d f~~h a~~~d, ducharQed, .:.c~r.d. •sfan~d, ca~.m1, co~i~sd wi?h +nd abiJed by, then in eitl~ or any such w~et IM a~id
prq~h wm n~aui«~ad ie~ s+id promisw~y note fhen remainirg unpald. witl~ interest ~ccrwd. a+d all mons~rs s~cured Mr~by. sMll b~can~ dw H+d P+Y-
abb fwthwith, « tlwr~aftM. ~t th~ oprion of said AAORTGIIGEE, u fully ud complel~ly u if ~11 of ths ~aid sums of ma»y wert or;g;n~lly qipvlatsd
ro b~ psid on wd+ day, anyrhiny in sa;d pran~uory ooM o. in ~his Mwrosye ro ~h. contruy no~wi~Mraodi~g: and ~hereupon a Uienafier a> >M op~an of
uid MORTGAGEE. withoul notic~ a dem~nd. wit at la~r or in sq~rity, therafore or thersafier bsyw~. m~y be prosecvted ~s ff all maays Ncwad Mreby
had rna~wed priw ro~» i~rin,ran.
7. TMt in tl+~ ~vent that at the beginninp of or ~t any tNr~e pending ~qy wit upon this Matgs~~, or to fweclos~ H, or to rofwm it, or to snforc~
p+ymeM of anr dirns haeunds~. s~id N10RTGAGEE shsll spply w the Covn I+~vinp iwisd~crion thereof fw the sppammem of a Recaivw, such Cowt shaU
fortMwith appoirtt a receiw~ of said mwty+yed ProW?tY all and siigvlar, indud~rg all ~nd sing~la? the inc~ne. Profits, issws ~nd reveni+es from wh~tever
~ource duived, each ~nd ~very of which, it be~np txpressly u~derstood. is herebp mortyaged as if tpecificatly ~et fath and dssuibed in tM pr~nY and
hab~+~lwn da~nss hsreof, e~d such Rcaivar shaH have all the Ixoad and elfec.ive funct~or~s aeid powers in anywris~ ~nlrvsted by ~ CouH fo a Rcceiva, ~nd
wch appointm~nt shall be mad~ by such Caxt as an sdmined equity ~nd a maner of ~bsolut~ riQht to wid MpRTGAGEE, and withow refKence ~o tl+s
adequ~cp or ie~dequacy of th~ valw of the prop~.t~r mort9~ed w to ~he son,e,Ky w ir,wlver,~y of s~td lMORTGAGOR or th~ def~ndants, and that wch
renq. profit~. inc~a~w is~~rs and rw~nws shsll b~ ~pplied by ~ud~ Receiver accordinp to ths lien a equity of said MORTGAGEE and tM pnctia of such
Court.
a. to duy, pranptly and fulhr P~?(orm. fisch+?~e, e:ecute, effect. complete, comply with and abids ead? and
bY werY tM afiPvlatia~, ~yraan~nb,
cond'd'ant and covenanfs in said promiuay not~ arx! this monpspe se~ fw~h.
9 Thit b th~ w~nt th~ oweenlrp of the mort9a~d Wen+ises, w sMr put tt~eof. becana wstd in • penon other th~n th~ N10RTGAGOR, th~
MORTGAGEE, i1t wcc~ssors and ~ss;~na, m~y~ withow notice to tl+s MORTGAOR, deal with such waessor p wo~essor in ime~af with refer~nce to this
mort~ ud tfw deb~ Aer~by ~ecwed in tM wne +narr+sr as wi~h Marpa~o. wirhout ln any way vifiatinp or dixFw~irg the Mortyspon' liability hen.
u~der a upon tM debt hereby seaxed. No sal~ of th~ prem~ses hercbY mo~t9+y~d and no fabw~na on ~he put oi tM MORTGAGEE w in tucceuors
w+uipm ud no extension of ehe time for the p~ynKnt of HK debt hsr~by ss~yred ~;v~en by tM MORTG/IGEF or its ruco~s~on a aaipns, shall op~rat~
to rdtaN, fiiadNry~, mod;fy chanp~ a ~ffect th~ origin~l li~bility of tIN MORTGAGOR Mrein. ~itlwr in whole o~ in put.
1Q h is specifically spreid Nut tirn~ h of the euenc~ of tha cauract a~d tMt ra w~iwr of u~r oblipation I~pe~nder or o{ th~ obliIIation se-
a:nd har~by shall at amr t6n~ thereah~r be held to t~ a waiver of tfw terms herwf or of the irotrumem secwed Iw?by.
t 1. In add~tion, to the forpotng monthh~ WY~a of princ'p?t and inrerest required by the promiswry nore secured f,arsby, mafgsQor covensna
and s~rs~s ro p~y to mortgsgee with e~ch momhlY paYment ~n sdditional sum eu~mated by monpa~e~ to be eqwl to 1/12 oi the annual cost of the fotlow-
inga
A-All roal properry tsxes levied w suessed ag~inst ~he above described real estafa
3-Prcmiunu on fire and windarorm irowanca u herein reqv:red b be curied an tht improvements sitwt~ on tMe above described premises,
C-Praniwra on xr.ch matg~ge guaranry ienur~noe u mortgapee ihall fran Y~me to time deem fit to cury on t!K ban secwed I+Heby.
Mat9agee shall from time to t7me no~ify mwtgsQor writirg of the amount due ~nd payable hereunda~ and such wm shall therevpon be dve ~nd
pay~bb oe~ the due date of the next morrthlY paYment and exh wasssiw month the.eafter until mortgspee sh~ll notify mortg~gor of ~ change in w~h
arnount. Such wms ahsll be applied by mortgagee toward ths payment of real properfy t~xes, insvra~ce pr~miwns, and mort9~pe 9wrsety inwrance
premiuna. -
IN WITNESS WHEREOF. the s~id MORTCaAGOR Fw l~erevnto set ha hsnd and seal tFw day and fint ~foresi
~ S~ d an deliwr~in th pr~we of:
? ~ ~
Robart R Philli a ~
neas Heze D. Philli s n ~
, STATE OF ew Yor `
/i[ ~
COUNiY OF
e,~. p.~,«~.iy,~.,~~ Robert R. Phillipa ~
; 8e z e 1 D Phi 11 iv a w;f~, ro~,,,,~n ~
rM infividwb d~sv~v
b~d in a~d vrho ucecut.d th~ fo.epoi~g iiatrw~wN, and ad~nowledped b~fon en~ that th~y u~arted th~ ssm~ tor the pwpo~es {
.~.«..a. H,a Hazel D. Phillips
' ,~r. ~r n~...a Robert R. Phillipa
examin.tion w~ • sep~..t. .nd priva
E br m~ ak~n aepsrst~ ~nd ap~n f~an her said Misb+nd. ~dcnowladyed b ~nd bcfore m~ thd ~he ucscut~d ssid irntrwr~nt fruly and volv~r
~uiy and wnhaA ~rqr comPubia+, caatraint, +pprei~s~on, fw of or fran fie~ ' usb+nd. ~
W(TNESS ~r hand and odficial wal ' day of A. D. 19~..L2~ ~
Notary Avblk In ~nd for the of
Re~wn Ta N1Y Canmisiion ~xpiret: 3~0
fint F~dsrt) Sivir+ps ~ toan Association / ' ` ~V #
Of Fort Pieree. - .
Fort Pierce. Flwida
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Fll~ ~~ED ~ i~
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1-~ J -ti e 'j~ `t
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Vf~~.~ R :~r. .t
yS5 ~1~Y 6 PM 3 • _ . : -
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~1 ROG"cR ?-vi-: r;:t C! ERK.
ST. LUCIt GOUNTY;
. FLORfDA
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