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to plac~ u~d conrinuously kNp on tl+~ buildinp~ 11pW p F~ffHf~~f 4fWt~ 011 S~id I~Ifd Of1 ~II p111piMf11 Nld ~N?tqeNllY COWf~ by fA1f Ilq~t~
p~, wi~h ~11 p~~micnR t~ureon p~id in ful1, (ue insuranc~ in ~ht usual ~und~rd poficy fam, ~in ~ ~un~ approwd by Mr MORTGAGFF. ~nd windafwm
ir?~w~nq in tM uaw! uanda.d pol',cy fam, In • aum ~pprov~d by tM lMORTG/1GEE; in such canpany or canp~nia u tM MORTGAGEE may
dind~ and all ik~ and windstwm i~wano~ policiea a? any of s~id build~nps„ ~ny Mttns~ 11+er~in or p~n thtrwf, in thR spprepa~ aw~ ~tor~aid or
to ucpa tMr~of. ~hall contain tM wwt uandud mwrpp~e claua or uxh o~h~. clau~ as tM Mortpape~ may rpv'u~, n?~kMg ~M bu undK said poll.
cia, ach and ~w?y. WY~t,t~ to said MORTGAGEE as ib iroKCSt may appN?. ~nd each and ~wry i,ich poiicy ~MII b~ p~omptly ~ss:pned u~d del;ve+~d b
~ny h~W by ~aid MORTG/?GEE u fu?tiwr tewrity to said matpap~ debt, ~nd not t•ss th~n ~~n (i0) d~ys 1n advs~+ce of ~M ~upG~r;on oi ~ach pol~cy, ro d?
livw b wid MORTGACsEE ~ r~wal tFKr~of, wp~~hN with • receipt fw the phmiwn oi wcA r~wali and tMn ~MII b~ no f'u~ w wind~tam tn~wanp
F1sad on sesp of ssM build'+nQ;, ~ny int~rqf tMr~in a p~rl thawf, vnku in th~ form'and with th~ loss p~yabb ~i ~fw~aidt and in tiw ~vent any wm
of moMy becp,»s paysbh under wch poHcy a policies ~aid MORIGJ?GEE shall haw tA~ option ~o rsaiw ~eid ~ppiy tA~ swn~ on acooue?i o~ tks i+~lsbrad-
n.~ i.cw.d Iw..by or ro p.im~~ ad MORTGAGORS ro rea~v and us~ i~ w any part thereoi fw ahcr purpose~, wl~houl thereb~ waivi~~ w imp+ir-
irq any puity, lien or ripht v~de. or by vtrfw of H,is mortpaysj and in tM ~vem sud MORTGAGORS :hal! fa ~ny reaion fail to k~ep th~ said paniae~ ~o
iruvnd a fafl M+d~livn pomptlY a~y of said poticiss of inswsnu to said MpRTGAGEE, a fsil pr~mpNy to pay fulfy ~~y pr~.ri~m thetefor a in u?y
n~p~ct f~ll b pe?iorn~, discharye. ex~cvl~. ~ff~ct. comPltt~. comPb with and ~bid~ by this covseunt, a~~y put Mrwf, said MORTGAGEE may plac~ and
WY ~ wch Irawanc~ a any part tM~eof w;tAovt w~lvinp or ~ff~ctfnp +^1r cp~fon. ~~n. Mu~b, a riyht w?d~~ or by virtw of this Mat~a~e, ~nd ths
fv11 xnount of Nch and rw.y such paym~m ~hall b~ in~n~d'ualy dw ~nd p~y~bb aod ~hall bear in~~st from ~h~ d~t~ ths?wf v~til p~id at th~ wt~ 01
n~n~ pN ce~twe pa amwm and to9ethn with sucA intaat ~halt be secwad by ths ti~n o~ this mwtpap~. f
1. to pKmi1, aonrnit or wffa no wut~ impawment or dete.iwat;on of said propaty or sny p~rt thenof.
S. To pa~r ~!1 ud slnpvlar th~ twty clwpra ~nd txpensti,, indvdirg a reasonabl~ s»wn~y
i fe~ snd oos~s of aMtracts of titl~, fncu~.ed o~ p~;d at
~ny time by said 11IIORiGAGEE, b~caus~ o~ in th~ event of the f~ilwe on tM p+n of tM ~aid MORTGAGOR to duly, promptly ~nd fu11y p~.(wm, d~uharg~
~x~cvt~. eff~cf. compl~t~, oomplr witA and ab~de by ~ach ~nd tvery ths stipulation~, ap~tern~nt~„ canditia+~„ snd oownanb of s~id p~omiiwry oot~ and tlu~
^a~?9W~ +~Y a ~i~ha, u~d sad cosh. chuq~s ~nd ~xperws, each and ~wry. shall be immediaroly dw ~nd pay~bt.j whe~Mr a not rMr~ b~ norici d~
n++ed. ~nempt w oolNet or svit p~~np: ~r,d tM full amovnt of ~sch ~nd we.y wch p~ymee?t sh~ll bear intereit from the d~N thereof uretil p~id af the ~
rate of nir~ pq unnim per i~; and ~II iaid c6us, chary~s and exp~nies incwred w psid. topttFwt with auch int~r~st, ahall b~ a~cw~d by th~ li~n of tlw
^'orpp~, _
0. 1Mt js) in tM ~vent of ~ny breach oi this 1No~tpsp~ or defauh on Nr put of the MORTGAGOR, or (b) io th~ ~vent any oi said swes of moewy
henin r~hined to bt nw p~w~pt~y end futly p~id within tbiry (30) days nex~ afte? the same severally become due uid payabt~, witho~t d~nur+d a nwic~,
or (d in tM went sach snd ~very th~ stipulations, s9r~eme~ts. condiYa~u and coven~na of s~~d promissory not~ u+d ~h~s mort~ap~ ~eiy a ~i~ha u~ no1
iuly, promptly and fu1N p~rform~d, d~sclarped, eYtcu~ad. sfficred, aompfered, complied with and ab~ded ~iy, ~h~n t~ eifl~er a ~ny svcl~ w~nt tM uid ag
Dre~t~ wm m«+tar~d in said promissory ~ot~ the~ remiininp unpaid, with ime.est ~cuued, and all moneys secvred hersby. sh~ll bacnm~ dw and paY~
abl~ lorthwiNw, w thKwher, at th~ option o( said MOR)GAGEE. as f~Ily .~,d canple~et~ as if atl of the said wms of nqn~y w~n ori~inally at~pvlited
ro be paid on wch daY, a~yt}?;np in said prw~i,uery nete or in this Matyaye to the contrary noewithst~ndinp; and therwpon o~ thersaha at tFK option of
ssid MORTGAGEE, wirhout norice or demsnd, wh at Ia~v or in puity, rharefore or ~hereaft~r be9un, may be prosecuted as if all morwya s~cvr~d hK~by "
had m~t~nd prat to ita instirutan.
7. iMt in the went that at the beginnirg of or st sny tima pendinp aoy wit upon this Matgage, a to fweclas~ it, or to reform it, or to enfwp
payment of amr dsims hereunder, vid MORTGAGEE sh~Il ~pply to the Car„ Mving juriadKtion thereof fw the ~ppo~ntment of a Receiver, such Covrt shall
Fatliwith appoint • raceiwr of s~id mwt9aged ptopery alt and sinp~iu, indud~rg a!1 and si~gular the incom~, profifs. issws and ~evemros from wbatw~r
sowu derived. each and every of which, if beinp expreuly unde~stood. w hereby mwryaged u if ~pecifically set forth and dewibed in the prantiop u+d
Mbendwn dauses hereof. ~r?d such Receiver ah~ll Mve all the b~wd snd effettive fw~ct~on~ and powen in anywise entrvsfed by a Court to • Recaive~. and
wch ippointmenf ahal! be made by wch Cour~ as admitted equity and a malrcr of absolute ~ight to s~id MORTGAGEE, and without roferenc~ to ths
adequscy or h+deqwcy of tM wlw of the p?bperty mort9s~ed a to the wnrency w ie~solvency oi seid MORTGAGOR w the defendann. ~nd that such
ren~~, profits, income, asun ~nd rrv~nws shall b~ applied by svch Qeoeiv~e? accord'up to the li~n a eqvity of said MpRTGAGFE ar~d tl~s practice of wcA ~
CouA.
8. To duly. promptly snd fully pMfwm, diuFwge, execute, effeN. complete. eomply with and abide by each and every tl~e stipubt~oro, syroements,
c~tiona and covenaMS in said promissory note and this mortysg~ set torth.
9. That in th~ went rl.e ownership of the mon4aped premises a any psrt thereof, becanes vested in a person other than the MORTGAGpR, tM
MORTGAGEE, its succeao~s and auigns, may, wifhovt notice to th~ MpRTGAOR, deal witb such successor or successor i~ imerest with reference to this
mor~~aye ~nd the debl hereby secured in tFK same marw~e~ as with Mw~gsyor wifhoul in a~r way vitiatinp or dischar~inp the Ntortp~Qon' liabiliry hera
under w upor? the debt hereby securcd. No sale of tFie premises hcreby murtgs~ed and no forptuante on tM pan of tIK MORTGAGEE or i» wcuuon
or assigns and no exteniron of ~he rime fa rhe payment of the clebt hereby secured yiven by 11,~ MpRTGAGEE o. it~ sucuuws a assiy~s, ,hall opeut~
ro rel~ase, diuharp~ modify chanQe a affect ths aiyinal )iab7lity of tAe N1pRTGAGOR Mrsin, either in whole w in put.
10. It b spec~fic~lly agreed that time h of the euence of this contract aed that ~o waiwr oi ~ny obliyation here~nder or of th~ oblipation se-
a.red Iwr~by shall st ~ny time thereafter be hdd ro be ~ waiver of the terms hereof a of the instrvment secured haby,
I1. In add~t'an ro the fwego:ng monthlY p~yments of princ:p~l and interest requNed by the promissory nore secu~ed hereby. rtwrtgsgor covenanls
and ag~eei to psy to mortgagee w;th ei~h mon?h1Y psYmenl in add;rional sum estimated by mortg~gee to be eqwl b 1/12 of the annual cost of the follow-
'ng:
A-All real p?operty taxes kvied a ~ssessed aga+~st the above desuibed resl esta~e.
6-Premiums on fire and windstwm irovrance as herein requ~red to be urried on the improvemenfs :ihiate on the above described premitat,
C-P~emevms on wci~ mortg~gs gwrinty insurar~ce ss mortgagee thall from time to time deem fit to carry o~ the Ioan secured hereby.
Mortg+gee shall from time to Y~me notify mortgagt?r ;n writing of the arr~ount due sr+d pay+ble he~eunder snd such wm sAal~ thereupon be due and
nayahle on the due date of the next monthlv wvment and each successiw montF thereafter untit mortgs9te tMalt notify mortg~gor of a chanpe in such
amounf. Such wms sl+sll be applied by mortyagee toward the p~yment of rasl prop~rty taaes, inwrance prem:wnt, and mort9age 9uaraMy insurance
premiwm.
IN WITNESS MMEREOf, the seid 1NORT~IGOR h~s hereunfo set his hand ~nd ~eal the dey r fint aforesaid.
,~ii~ ~abd u~d~eli,rued ~~r45enc~ of: ~ G'
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STATE OF FLORIDA ~
covn?rr oF S t; . T.> > ~ i P
eefo.. P..wn.oy .pp.,n~a T'~~'T n~' . r oa r e .~a
F'sthAr T~ ~~an~ J ha wife, to ms well known ~od known ro me ro b~
. tha irdnidwb d~srn'bed in +ind who exenrted ti?e toreyoinp instr~t, and ~clenowled9ed before me that tMy saacuted the sams fo~ the pvrros~s
thlteill lXprlfNd. M1J ths Nid T+'.~`t'F1P2+ L~ (~~gpp `
wife o1 ?M ~aid <<7~T1 ~ r0&Tt6 vpon a sep~rats ~nd privsh 1
examination by rr~ qk~n separd~ ~nd ~pan from her aid adcnorvledyed b and befwe rn~ th~t sM exetuted said irntr~msnt fr~tly and volun-
rarily and vv;tho~rt arpr compulsion, constraint, sppreheniion, h~u'of w from her wid husbsnd.
WITNESS my h~nd ~nd official seal this MEL ~ ~
~ ~ ~ a ~q 66 ~
~ _ j
Notary Public in and for tM Sute of Fbrida ~t L~rp~
Retwn `fa MY Cort~n7ssion eupi?es:
First f~ra) Savinps a lo~n Assotiation • ~lOt2c~t ~j~. St~tC Jf f~plj~ ~ }
or F«~ r;~.~. FILED ANDJRECOROEO ~{y 3~~
w.~ PK.~, F~w~d, ST. LUCIE COUNTY. ~LA. u.a.a f,,,:~
R CO D VERtFIEO - -
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n0 ;ER i'OITRAS :s; ' ~ ~ ~ ~ ~ ~ ~ + =
CLERK ClRCUIT COURT . ~
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