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To placs ~+~d coni~Y kNP a^ tM buildinp~ now a I+er~afta sitv+t~ on s~id I~nd N+d on ~11 p~ipnwM aed pusonally c~~d by tAi~ ma1p~
p~ with all prMniw~ ther~ p~id in full, fu~ irouru~c~ in tF~ ~wal sundwd policy fpm, ~n • wm +pprowd bY tM MORiW?GfE. ~nd w«~~a+~
Insw~rwt in t!r vsw) sundud po~KY tam, in • swm ~PP+ov~d bY tM MORTGAGEE, in wch comp~nY w tanP~nip ~s 1M 1NORTGJIGEE n+~y
dbMj ~nd ~11 ik~ ~nd wi~torm inwrana pdiciei on any of aid build~nps, ~ny inte~y~ ti+K~M? a p~t therwf, in IM ~•pate twn ~fora+id w
b~cau tM*~ef, ~hall oonain dw wwl standard rno.roapN clavs~ a ~uch ot1+K d+~ a tM Mor~pp~ may ~pv~n, m+tinp tl» bss vnda said po14
ciN. ~acA wd ~wry. WYabl~ a safd MORTGAGEE +s i» inte~esl rewy s{~pM~. ud ~ad~ and ~wry such policY ~h~il b~ promPNy ~ss:prwd a+d dtliver~d ro
~nr Mld by wid JNORTGAGEE u iwthu Nturity to said matpap~ dtW. and. not las tFwn Nn (1~ d~p tn ~dvant~ of tl+~ ~xpir~tion of Nth policy. ~o d~
liwr ~o Nid MORTGAGEE •~en~w+l thKwf, rop~~ha with ~ ncHpt for tM pnmiwn oi s~ch reewwalj a~d ~Mn ahall b~ no fw~ a windstam in~w~nc~
plaad on a~y of uid buildN+p~„ My 1ntKest tMr~in w p+rt tiwnof, vnless ie th~ iom+' and with tM bu pay~bl~ u ~fwesaid~ uid in tM ~vent ~m avm
o} ,~,~„~y p~ya~a wxle~ K,d, pdky w potici~s said MORiGl1GEE sh+ll Mw tM opt~on a r~uiw and apply ~h~ s~ on ~ccow+~ d tM ir~debted
~w~d F~~py a, a p.r,,,;~ sad MpRTGAGORS ro rec.iv ane! us~ i~ or any part thereof fw other purposes, wi~hout thereb~ waivi~g w unpsi~-
~g ~nY p~;ty. li~n a~;p~?t ~r a by virtu~ of tha n+ortpap~: aed in tM ~wnt wid MORTGAGORS ~MII for ~ny r~aion fail b ke~p tl» s~id p~emixt w
)e?~wed, w f~fl b d~liva praoptly ~ny of uid pol'~cies of i~au~+c~ t~ a+id MORTGAGEE, or f~il pranptly fo pay fulN a+~y pre~lum thenfor a fn any
r•,p.a f•ii a pafocni, dixM.p.. ~:acvt~. ~ff~ct. oomPl~t~. complY witi~ ~r?d abid~ b~r this oown~nt, or any put hKwf, s+id MORTGAGEE may plan +nd
P+Y fa wch Mrwano~ or any put t1+Kwf witlaut walvinp or ~ff~ctinp +^Y oP~ia1. IiM,. ~4u~tY. w ripht u~ a by virtw of this MortqaQ~. and tl+e
full an+oue~ of ~ad+ •nd .wrr wd+ wrm.n~ sh+11 b. im~n.d'wt.y dw and p.ybi. and shall b.a. i~».r.u fran ~h. daa ~ha.of w?tU p~id a1 ~M wt~ oi
n;r~ p~r cN?twn pu an:w~n u+d to~ether wi~h wd~ inte.est ihsll be sicw~d b~r tM li~n of this tnor?~aqs.
To pamit, a0mrsft w wff~t no waftA ~rt?eM p dataiowtan of said ptopKty w any p~t 1Mreof.
S. To pay ~II and dnpvlar th~.coat~, charpa +ed ~:PN++a+. includirg • rNSOn~bl~ sttomey's fe~ u+d cosb of absn~cts of titt~. incurr~d o~ p+id at
•ny tFme by s+id MORTGAGEE, b~cws~ a in tM ~vMt of the failun on tM part ~ tM aid MORTGAGOR to dvly, pranpty snd fully pKtonn, d~sch+r~
•xscvt~. ~fhet. oomPlst~. aomplY with and ~bidt by Nch ~nd every th~ stipul~tio~u, ap~nb. condUioas. and aoverwnn of said promiswry noh «d th4
mon~ +nY a Ntl~. ~nd sa~d coit~. chu~s and ~ap~es, e~ch and ew~y. sha~~ b~ tnr~+ed~ar.y dw snd pay~bt~: wl+erhsr a not thK~ be eorioi d~
m~r~d„ ~tt~npf p eo11Kt p wit pen~egt and 1M (vl) arno~nt of sach and ~wry wch p+ym~nt ~l+sll bea~ interal fran th~ dats the~~of w?til p~id +t IM
rate of nim pa c~ntwn pu anwxnt +nd +11 wid absn, ch~ryes ~nd ezpe~s~s inaxred ar paid. ropetlwr with wd~ htsrpt, stwll b~ s~twed by th~ IiM of this
~b~
0. iMt W ln tF~ w~nt of a?y bread~ of this Mwt9+p~ w default oa tlr put of tM MORTGAGOR, a(b) in tM ~vent any of s~id wms of mon~y
Mnin nf~n~d to b~ not pranpt~Y ~nd fulty paid within thirty (30) d~ys n~x~ aha the same severaly becan~ dw ~nd p~y+blt. without d~m~nd or notiu.
or in tM wKp ~sch and ~wry tM stipul~Nora. pr~arMnts, conditio~s M+d oov~+~+nts of sa~d promaswy not~ and tlws mortp~p~ any w eith~r an nol
iuh. prompNy and fully pNfwmed, d~schuped. ~x~cut~d, eff~aed, compl~ted, complied wirh ud ~bided by, then in either or u~y ~ud+ ~wm tM s+w! ag
Q~qab sum mentia»d in s~id promissorY nW~ thsn rem~ininp ~npaid. with ie?ter~st acuued, and all ma~eys sstur~d Irr~by. ahdl b~c~ane dw a~d P+Y'
abk forthwid~, or tMrwfar. at ths option of said MORTGAGEE, as fvlly and canpletely ss if all of ~he ssid wms of mon~y vr~n or'p'u~ally stip~lated
~o b~ paid on such daY. «~Y~hinp in s~id p.aniuory eoa or in this Matyaye ro the conasry +~otw~~hs~uwlinp: snd the~arpon or thereafia a~ tM op~ion of
•aid MORTGAGEE, withov~ ooticY o? d~mand. wif d 1„v a in eqoity, tha~fon or thereafter begun, m~y be prosecuted u if dl rnoneys s~cw~d I+er~by
nad mawr.d pa. ro ~n ~+srm,~a~. ~
7. ih~f in tl+~ ewnf that ~t tM beyinniny of x af any tirn~ qndinp aoy wit vpon tF~a Mort9ag~. o? fo fweclae if. w fo rofonn it, a fo ~nfo~a
payment of any c1~;ms hereund~r. taid MORTGAGEE shall spply to the Court having jurisdktion thereof (a the +ppomtment of a Receiver, such Caxt shall
futFiwith ~point ~ reuive~ of wid mort~~yed property all and airgvlar, i~clud~nq al~ and Hngular fh~ inconw. pro(ib. iuues and reveows fran wMt~wr
souro~ duivad, esch and every of wFiKh, it beirg ~xpressly w~derstood, a hereby mwtgaged as if spec~fiutly set iath ~nd described in th~ yrantinp and
h~bNwJwn clau~es h~rwf, u+d such Reosiwr sMll h~ve all tM broad ~nd effective f~nct~ons snd powen in ~nywise entrwted by a Court ro• Receivu, ard
such ~ppointm~nt shall be m~de by such Caxt u ~n ~dmitted equity ~nd a mana of absolute rigM w s~id MORTGAGEE, snd without refere~ce to tF~e
adequ+cy w in+dsqwcy of ths wlw of the property morty+ped or ro the wnnncp a insolveecy of said MORiGAGOR w the defendan», and that such
renn. profita, income, isw-s and rtwnws ~h+11 b~ applied by wd? Raceiver saordinp to the 1'~en « equity of said MORTGAGfE and ths practiu of wch
Courf.
8. To duly, p.o~~y .~d f~iy Pe.?o.m. ~SCha?ye• ex~cute, effect, complete, complY with ~nd abid~ by ead~ and ev+ry the stipulation~„ ~pr~en+snfs,
condtans and covernnrs in s~id praniuwy ~ote and tha mwtysge ~et fath.
9. ihat in th~ event th~ ownership of the mortgsped premises. or any p~rt thereof, becomes ves?ed in • penon other than th~ MORTGAGOR, th~
MORTGAGEE, its succeswn +nd auipro, rn+y, without notiu to the MORTGAOR, deal wi~h such wccessor or successor in inte*est with referei+ce ro tha
mortpap~ ~nd tht dcbt hereby secvred in tM sam~ manner u with Moitysgor without in ~ny wsy vitiatinp a dischargirg the Mortysyors' li~bility htr~
unde? or ~rpon tly debt hereby secwed. No s+b of ~he prem~ses he.eby mortya~ed u+d no forbearance on tM put of the MORTGAGEE or its waessws
or ~uigm and oo exte~ion oi tl+~ time fw th~ p~yment of the deW hereby sen+red 9iven by the MORTGAGEE or ib s~a~uoa or assgns. ~1?+11 opuat~
ro releas~, d~schar~e niodify ch++g~ or affM the orgin~l liability of the MORTGAGOR here'~n, ~ither in wholt w 1n p~rt.
10. It h specificaly agned that twn~ is o~ the ~sence of this comwcl and tMt no waiva of uiy obli9ation hae~nder o? of tl» oblipatan s?
n:red Mtsby shall ~t ~ny time thereaher be hefd to be a waiver of the termt hereof w oi tM instrument secvred herby.
I1. In add~tan w the faego:ng monthly psyments of princ'pel and inre.es~ requ'ued by the p~om~uory nore secured hereby, morty~gw coven~nts
and aprees to p+y 1o mort~agee with each monthly paymcnt an addi+ional svm est~mated by mortgagee to be eqwl to 1/12 of the annwl cost of the follow-
ing:
A-All real property taxes kvied w usessed against the above dexribed real estate.
b-Premiums on fire and windstwm inswance as herein requ~red to be o~ried o~ the improveme.~ts tituate on the above desaibed premises.
i G-Premiums on s4ch mor~gsye gwrsnty inwrar~ce as mortgsgee shaU from t~me to time deem fit to urry on the loa~ secured hereby.
k Mor~yage~ shall from time to t7me notiiy mo.tgagor ~n writ~ng of the smount dve u~d pay+bk he?eunder and wch wm shsll thereupon b~ due and
~ payablt on the due date of the neat monthly payment and each s~ccessiw mo~th there+fter until mortqayee s}?sll notify mortgagw of a chanpe In s~xh
! amount. Such swns sh+ll be applied by mwt9ayee toward the p~yment of real property taxK, inwrance prem:wns, and mort9sye 9wr~nty i~ur~nce
k prtmi~Mm.
IN YVfiNESS WHEREOF, tM s~id MORTGAGOR has hereunto set ha I+~nd and se~l ths d~y snd yesr fint aforasaid.
~ ' r~d, b u~d de wr~ in th~ pr~aenc~ of:
n
~ ~
. K--n
~ TATE OF fLORIDA
~~~,,TM ~ S t_ Luc i e
P,,,,,,,i~Y John L. Le e shock .~a
Pauline Leeshock ~a, r,,;r~, ro r,,.n ,~,a k„~, w,~,. +o b.
the indvidwb dacr~ed in and w!w ~xecvted the foreqoirg irotrunwnL a~d ~dcnowledped befon me tlwt t!»y ~xea.ted tl+e same for tlw purposes
,h. ,,;d P aul ine Le e sho ck
,,,,,f. ~ J~hn L. Lee sh~ek , ~on , ..p,..f. «+d pn.a
examinafion by nr tak~n separat~ and aput from her said hu:band, adu~owkdp~d to u+d befor~ m~ that she e:etut~d said iiatrument huiy ~nd volw~
tarily and without uiy compulsio~, constraint, spprsher~sion, w ~ar of or from he~ wid Fwibaod.
WITNESS my hard and official ~sal t' day of A. 0. 19~
y N~N1t4tN~~~`:
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sry Pvblk in and for tM Su» ~I~~M~N~~y~~,~~i t
Mr coim~is:ia, .xpi...:c~/=3~ v.~.,~~_ ~ .
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first F~~d S~v&gs i Lwn Association E~.i RO~'p 1~ 0+ '£~.,C~ J< t`
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of ~ r~~.~.. FIL ~N 800~ c~ MIr C.w.asio~ Espia Se~. ~3'" s. a'_~ o,,: ~
Fort Pierce. Fbrida O M.M~ h~ Rw l. Sa~l~e_S . ~
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