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To pl~a ~nd continuowlp k«p on tM b~?ild~ now a MrsshK ~itu~t~ oe s~W tand and on ~II equiprn~et and PKao~lb cov~r+d b1? MM nartP
p~, with ~li pn+niunA tFxnon paid in iv16 f'u~ iniw~?c~ in ths uwal sandud policy io~m, ~n a swn approwd by tlw MORTGIIGEE. ~nd wkwl~~onn
ieyw~na tn tM uwa) u~.d polity (or~, in a aum approwd by tM MORTGAGEE. in areh oomp~ny a oaepu?ia a th~ MORtGJ?GEE ~y
dindt and aQ fin a?d wind~wrn+ inswaea policia on any of aid butld~np~, sny iMH~s~ Ma~in a put tlk.wi, M tM ~pprpat~ swn ~faNatd a
N ucass N~aNf. ~hall cont~in tM wual ~tandad mortyapN dws~ or such otl~ clavw a tM Mo~tp~p~e m+r hquin, m+kMp t!» lost w~dN ~+id po1E
ciM, Nch Md ~tNry. WYab1! 10 aid MORTGAGEE q i» int~nst ma1? MPM~, aed fach and tv~ry wcA polky shdl b~ ppnpty Ms:9hd ~+d d~livK~d b
any Mld bp uW MORTWIGEE a funha s~cwity ro wid morp+p. d~bt. +nd. nof less tMn Nn (10I day~ tn adv+na ot tl+~ ~xpiwrion of ~ad~ Po1kY. b da
tiwr b Nid MORiGAGEE ~ r~wal thNeoi. wpalw~ witA a nalpt for tM pnmiwe of such ~~wsli and thu~ sh~ll b~ no tin w windstam iraw+na ;
p1+ad on ~ny of aid buildinp~, ~ny intK~q tl~eie a put tMnof, th~ form'~nd with th~ loss p~yabN a aions+idr +r+d in tM ~wnt aMr wm ~
of mon~y b~coma payaW~ u~JN wch policy a policta s~id MORTGI?GEE shall haw tM optbn b nce7w Md ipply tl» s~ on acoo~nt o~ tM ind~bt~d~ ~
n~a wc~r~d h~r~y a to pKmit ~aid MORTGAGORS 1o naiw and us~ it a a~y put NKreof ia ofher purposes. wi~hou~ tbe~eb~ waivin9 or impa'w-
~11~ i~1y p11dY~ ~IMI OP f~1t {NIi~i1 Of ~ VifhN Of f~llf ~IIORt~~l Yld ~fl 1M ~W1N Nld ~QT~ri~RS fAil~ ~Of M1y fNlW~ fU) b kMP f~1f MM~ A?fR1iiM i0
inswrd or fdl a d~Uw. Pra?~Wb ~nY of said polKks of :nsunna a w~d MOrtTGnGEE. a t~~1 pranWh w p+y fidN +M? Pr~iwn tMnfor w tn ~
e+sp~et fNl b pafon+~ ~cl~upe. ex~cw~, ~ff~et. canpl~t~ complY with «+d abid~ by thi~ cov~n~nt, a u~y pa~~ M.wf, s~id MORTGAGEE m~y pt~a ~nd '
WY for w~d~ fewirane~ a ~nY pw1 Nwr~of withovt waWi~g or affKtin~ +nY oP?ion. ~kn. p~rih, a+iph~ wda w by vk?w d this Mortp~p~. and tM ~
fuN a~nowM d~ad~ and w~ry wch payn+KM shall b~ inumdi~Nly du~ ~nd py~bl~ ~nd ahall M+r inhreat hom th~ d~N tlw~of until paid N th~ raN ol
Nn~ pK antum pK ~erwm and top~the~ with wd~ interat shall M ssc~x~d by th~ li~n ot this inal~ppe, f
TO ~tEl, tQRl~ff1! Of 1VHM f?O W~ff~, imp~t a d~tataetio~n d said prop~rtp w arty paA tAenof. ~
S. To pay aG and dnputr tM ~oosts. ch~s aod ~xp«w~, tnctud;np a nawnabl~ ~ttornrys f.. snd cosn of abanads of ml.. incurnd w p~id st {
~r by s.d MOR1W?GEE, e.uus~ or h th..wm of rM failur~ on ~h. p.n of rM s.id MORiGAGOR a duN. P~omptly and fulb w~a~. duclw~ t
~:~cvt~ ~ffact. oomPl~a. aomply with and ~bid~ b~r ~sch and wery tM stipul~tions, p~emt„ oonditior~, and oow~wnts o~ i+td paniswry nob and thi~
niorpap~ ~np or ~i~h~.. and said eost~, chu~~t and ~xperws. each and wary, sMll M~~tely dw ~nd payaW~s wh~tMr a no1 tlNn 6~ eaici d~
m~nd, atNmpt b aollstt or wit pMdir~pr and tht fuil ama~ of t~cfi and wKy wch payewM sMll bea~ inter~st fran tM d~t~ thKeaf unNl paid ~t the
rah of nint per pnh~n p~r arrwm~ and all aaid o3sts, chuy~s and ex~s inwrred o? p~id, topetMt with wd~ i~?~uaf. shall b~ a~wr~d by tlw li~ of tha
~p~• ' j
a th.~ w a, +h. .wm ~ .m, o~ a d.rwh pur ~t MoRrc~?coR, o. ro~ +h. .m, ~ ..~a ot ~ ~
Mr~in rthrnd to ~ nw promptly snd fully paid within thirty t30) d~p atxt afier the same sevsr~lly betane dw a~d WY+bI~. without dpn~nd o? nolic~
or (d in tM w~e~t ~ad~ ~nd we~y tha stipvtationt. +9KMments. conditions a~d ooven~nn of sa~d p~omiasory rwr. and tM morp~ aey a ~+ttw ue no1
~uiy. promptly and iulb P~rfornwd. disclwrpad. ~xscvtd. ~ff~ued, comPl~ad. complid with and abided by, thsn 8n ~itF~ a any wd~ ~wnt th~ iaid ap~
p?g~M awn maMia»d in said promiiswy noM then nmai'3np uoWid„ with interat atuwd, and all montys s~turad hetrbY. aFNll btcon» dw ~nd Wri
s~ iwthwitly a thKwha. ~t th~ oprion of said MOR:GAGEE, as fully ~nd oomplNely u if ~II of the said swns of nwn~ vr~n oi ! sY
fo b~ paid on wd~ day. +~Y?twg in said promissay rwfe a in thia Ma1gaQ~ to th~ connary na.withstand' Y q~^+ h? ~P~+~
wid MORTGAGEE, witho~t notiot o~ d~rt~d. wit at la~r or in ~"d tt'~'~"P°^ a ther~aha at th~ option of
Md miwrad prar w in i~witvtan. sqvity, tFwefon w tl+ereaha ba9v~, m~y b~ prosacuted ss if +11 mo~ya s~cw~d I+Keby
7. Th~t in fh~ ev~nt tMt ~t tM begtnninp of or at any timt penelinp aay wit upon this Mony~ w fo foredos~ h, or W mform H, or to ~n{orp =
payn~nt of sny dwns herwnd~r. s+id MORTGAGEE shall spply ro the Court h~vi~g jwisdittion tl+ereof io? the appointrnMt of ~ Reteive~. wch Covrt shall
+PP~~ s noeiwr of ~+id mwtpayed property a~t and su+putu. includmy all snd singuta~ tM inmm~. proFits. iu~es and rswnua I~pn what~wr
sourcv d~rivsd, ~ad~ +nd ~very of whrcl~, it beinp ~xpreuy undera~ood. is h~reby mortga~d as if ~fically ~et fwth N+d d~ta~ed in dr pra~?tag and
hab~ndum d+u~s he?eof, and wch Reeeive~ ~hall h~ve dl tM brod and ~ffactive functian and powers in ~nywise eMrustrd by ~ Cowt to a RscNva, and
wch sppoinhMnr zhaH be maJe by wch Court as an a~r?itted eqv;ty and a m~»er of absolute ri~ht w said MORTGAGEE, ad without nferena~ b th~
~scy w iwd~quacp of th~ vslw of tM prbps~ry nwrt9s~ed or to the sohency or insohrency bf wid MORTGAGOR or the defend~nts, and that wch
r~nn. profita, issurs and ~wenws sMll b~ appli~d by wd~ Reeeiver accwdinp to th~ Gen or sqviry of said 1YIORTW1GEf and !he pndia oi such
Coutt.
8. To dulp, promptly ad fvlh P~form. d~h+?ye• ~xecute, effect. oomPl~te, oo~nply witl? snd +bids ~ch and
tan~itiom and ooven~+n in siid promisswy note and this mort9~ set forth. ~ ~Y tM stipvlation~„ apnem~nb.
9. That tn tM went the ownarship of tM mortpsped premises, or u~y p~rt timreoG b~aornp wstad ln a pMSOn otba than the MORT6JK'aOR, tlr
MORTGAGEE, in succsssors sa! assip~u, m~y, withow notice to tht MORTGAOR, deal with such axcestior a wotessor i~ interett with ~efer~na ro this !
mort9ap~ ~nd tM debl h~reby secwed in th~ same m~mar p with Mwtysgor witho~t in ~~y wiy vifiatin~ or disch~? tIN
under a upon tM debt hereby ~ecur~d. No ssle of fl+e pramises hereby rra.tgaped and oo fabaranoe o~ th~ q~ ~W+9~+s' tJabiliry hen-
or asi~a and no ~xtauion of the time fw ~he payn~enf of ~he deb~ hercby secwed given by ~he MORTGAGEE ~in f,svmessonTo
AGEE a ifa wocessas
sssiprr. ah~ll op~r~t~
w ni~as~. ~ry~, modi(y ch+np~ a aN~ct tM uipirwl tiab~l~~y of the MORTGAGOR hsreiq, tither in wlal~ a b parf.
i0. It is specif+cally apread thaf Ywn~ b of the es~encs of tFus co~tract and th~t no w~ive? of uryr obligatio~ I~eunde~.er pf 1~IM,pp1(pMion p.
ound h~nby thaU N aeryr tirrK thereah~r b~ htld to be a waiver of the tsrms heraof or of the irw~ue~ee~t saaxad herby. ' '
11. In addltion ro the fwe9o:ng moothly p~ymer,ts of p?inc:p~l snd interest r uired ' ~ff~-`~~'.
° M bY P~an'~swry rate secw~d,i~ie~. mdA~oi:~o~+ b
+nd +9.e.s ro wr ro~*y.~e~ w~rh each ~r~tr wr~+ +dd~r+oM~ aw,+ ~s~~.~.~rd by mo.rg,e.e ~o be ~,.i ro i/lg~qe~~"^~at ~os~ ofJl~ie ~#~llww
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A-AN real property taxes leried a assessed against the above desaibed real es~ate. ' ^ 4.: ; z "
d-Premiurro on fire u~d wind~torm irruranoe is hercin requued to be urried on tM im~rovemenn sitwte ea` ths atA~ ~eswiC~d pi~i~, t
C-?rarwwro on sie~ch matgsye yuarMry insurance as mortgapee shsU from time to time de~m fit to wrr~r on fl+i.loin' e~' hsreyy,: '
Mat9s~e~ shsll f~om tiL~e to tun~ notify mwtgayor in vwiting of the smouM dve aed payabk hereueder aAd sud~ 1 L~balj/ '~`a ~
pay~bl~ on the d~e date of the next monthly payment and ~sch succasiva manth theresfte? vntil mwtgspee s1utl noti ~ ~ i
amovnr. Such suns ihall be applied by matQapee toward the payment of real property tsxa, insu?ance prem:ums, snd~ro t1f.~ ~ie in wd~
pnmhima. '~P,~~. ~tn1y iruwanoe
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IN WITNESS YVHEREOf, the said MORTGAGOR Fw l+ereuMO set his hand ard seal the day snd year fint ~f asaid. -
r~ m an,d~ livrr~d pr of~
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~ STATE OF I~i.ORIDA ' CO1J1V'!Y OF SAINT LUCIE
I HFR~BY CFRT'IFY. Tf~nt on tl~t. ~1•,~ uf MQ° A. D. t9
~b
b,ju,,~ ,rw pwsa,ai[y opp,a„od KQ11~ u811 ~
~ nesp~livt~j Plr+Nidont_ ~Ti~
oE
; Kell~ Construct~ on Cor~r~ny T?lori d~
a '
r bwarn to bs tlis pwswu d~ib«I f~e and rulw executad flre f~e~9 and ieva~aAy ac~now(Ji~~t/a• ~'~'e. .
~ : ~ . ~
~ cntton tl~aoj to b. e/wir Jree act and deed o, sach of
f
toer. `or tl~e n.e, and purpo,e. ehenetn ntentteq,~ .
~ t e " ~ }o'~ ,
~ ~f
~ ~ ~ ~ ~+P~. and tbe said irutrurnent b the od mid dNd tl~ : add c~poro~loQ : : =
~ W1TN~S iap har~ mtc~ ofHaEiel ae+ol a! Faf P~aw ~~~y ~~ab.~:,- ~1 Q i3` a- r
_ ~ c~i~~~~~i ~ ~ :
FILED AND RECOROEO Nota~r PabJic,
in and (or Stat~ and Ce~a~j? `
' $T. LUCiE CQUNTY. FLA. ~ My Convnt~.ton `
~ RECORD VERIFIEO PuEi'u, State ,1 ryorid, at tarqe
l..~..,.~no..~..~«~.., . 1K~ Canmission Expres Nor. 3. 1969
1 _ ~
~ '66 MIIY 2 3 PM ~+ded !r A~;u~ Iin 6 C~My1' Cw
_ ~ i4553'7' i
ak/~ ROGCR ~'OITRAS Le ibili~~ bt wrftin~. tTP oi
: CIERK CIRCUIT COURT ~
or printin~ nasatisi+?ato='7 in
t6is doeu~at_ for sicroifluins
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