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3. To p1ac~ ~nd coroinuously kNp on tM buildinps rww or h~reaftK wtu~a on said land aod on all puipmeot and pM~on~lly covNed by this n+at~
p~, with all ptmiw~q tF:vr~on p~~d in iuli, i'u~ insuranc~ in the uawl stu+dard policy form, ~n a iwn approwd by tM MORTGAGEE, and wind~rorm
'=.~;:rs:.:~ 6i tt~e ers;aa! tsarKla~d ga!~?y - irr~, tw ~ sum approvad by iFr MORTG/1GEE. i~ such company w comp+n:a a th~ MORTGAGEE may
dinc~t u~d all f'u~ ~nd windsrorm iasuraeu poliues on anY of said b,ildinps. any {nh.es~ tl+KSin a put ri?erwf, in ~i~ pqrepa?~ sum ai«e~s;~ x
In ~xas~ ~Mr~of, ahall cont~~n tM wwl sandud mor~ya~ clauie a such o~Aa clau~ a tM Morty~a m~y rpu'v~. n»kinp tM bss u~ s+~d polb
cip, ~ach ~nd ~w.ry, p~yabl~ to said MORTGAGEE +s itt i~tereit may ~pp~a?. +nd e+ch ~nd ~wry ~~ch po~iq ~F+~II b~ pranptH ~si~9^ed a'd d~~"'Ked
~ny held by said MpRiGAGEE as furtha ~ecu~ity ro uid matp~Qe debt, and. oW less lhan t~n ll~ d~ys in ~dvance of tM expir~tio~ of tach policy. ro dr
liw~ to ~aid MORTGAGEE ~ nn~wai th~~wf, toqetha wi~h • receipt fa the prNniwn of wch renewalj u+d tMr~ ihsll b~ no fin a wii?ditonn Mswu~a
plapd an any oi s~W bvildirgs, ae~y inter~st N+w~u+ a p+rt ths.eof, unku in the fomi and with tM bss p+Yabk +s ~faaaidj u+d in tM ev~nt ~ny wm
~f ,na,~y becom.s P,yab1. „~xle. u,ch po~ky or polKies s.id MoRTGwGEE sha11 Mw ~M opr~on ro?eceiw and sppy tM ~ on +ccouM o1 tM ir~bt~
Mss s~cured h~r~by a b pamit ssid MORTGAGORS ro teceive and us~ H w any pa?t thereo( for othe? purposes. without thereb~ waivi~~y or unpaia
irg any ~quify, 1'»n or rpht und~r or by virtw of fhis mortppe; and in tM ~v~nt u~d MORTGAGORS sh~ll fa s~+y rsawn f~i) ro ke~p th~ said pnmiiet w
intured, or f~il b dtliver promptly any of ~id policies of iniunnu ro s~id JMORTGAGEE, or fail prompHy to pay fully ~nY premium tMrefor o~ in any
?e~p~ct (ail to p~rform, dixMrge. ~cecut~. ~ffect. complet~. comply with ~nd abid~ by this covenant, w ~ny part hKeof, said MORTGAGEE m~y pl~ and ,
p~Y fw t,xh tewru~u w sny p~rt th~reof witAa~rt w~Ninp or ~ffsctinp any option, lia+. ~q~ity. a ripht wklN w by vihue of thit Mor~qape. ~nd tM ;
u
ivll xnow+t of ~ach and wKY wch Wym~nt sh+tl b~ immed~~t~ly dw +nd p~yabb and ahsll bear intK~st from tM dab thcnof umil paid M N» wt~ ol
nin~ per centum pa~ ~nrwm and togethe~ with urcA intaeit shslt be s~cwe.~ by tM 1'~ of tha mort9ap~.
1. To pKmit. aomn+it or suffa no wat~. imp~ument or deteiar~tion of aid prop~rty or a~+y psA tMnof.
S. To pay all a~d sk~pul~? ths .costs, ch+~es ~~d ~:Penses. includinp s reasa+abk atta.ney's fe~ s~+d ao~ts of ~bs„~cts of title, incv~red w paid ~t ~
~ny time by wid MORTGAGEE, b~caus! w in the ev~nt of tM failure on tM p+h of tM s+id IMORTGAGOR to duN. P~a^+Ptly and fully pKform, dschuge,
•xecuts. ~ffsa, oomptete. oomplY with and abid~ b~r each ~~d every the ttipulatioru, ayreemenn, conditiaa, a~d coven+nn of s~id pranizwry no1~ a+d t1w
mortpape ~ny a~i~her. ~nd sa~d cosb. durges and experne~, sach' ~nd ~vcry. shall be irtimediately due a~d pay~blr, wheth~r or not tlw~~ be notici d~
mand, ~nempt to colkct or wit pendirg; ~nd th~ f~ll amount of ~ach u+d every uich paYmer?t ~h+tl bea. interesl fran ~hs daq tMreof until paid ~t ~he
r~~e of nins per centum pe~ annwn: and all said cdsts, chuges ~nd expe~ses incw~ad a p+id. topethet with wd~ intupt. ~MII b~ s~cw~d by tM IiM of thi~
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e. Thst (aI in the event of any bre+ch of tha Mor?yys o? dafwlt on tlr p+N of the MORTGAGOR, o~ (b) i~ tM ~vent ~ny of said svms of ma+sy
Mroin r~f~rr~d t+ b~ ~at pranpny and f~lly p~id wi~hin th'aty (30) days nex~ after tM same severatly bacome dw ~nd paysble. witho~t d~rMnd w notice, :
or W in tM ~wr1t each and every the stipulations, ~greemsnn. cond~tions and cove~+nn of sacd promiuwr note a~?d th~s matpapt aeiy a ~ithe~ an nol ;
~+N. P~a^P~h fully psrformed, d~scMrged, execvted. effened. completcd, compUed wlth and ab~ded by. then in eitAer or any such w~nt tM said ~g 1
pra~tb wm meotionsd in said promiuwy note then ranainiry unp~id, with intarest sttrued, and all ma~eys stcvred hereby. sh+ll becom~ dw and p+y~ +
abl~ forthwitl~, a thereaher, ~t the option of said MORTGAGEE, as fully snd canpletely u if all of the ~aid sums of money wen oripinally at~pul~ted
ro be pa;d on wch dsy, anythieq in sa~d promissory ~+ote a in this Matgage to the contrary i+otwithstu,ding: ~rx! thereupon w thereahe~ ~t tht optan of
s~id MORTGAGEE, without ~otke or demand, wit st t~a or in equity. 1FINlFWR Of ~F1!?Nf~N beyvn, m+y be prosecvted as if all moneys s~cur~d Mrsby
IWd man,red pnor ro in ins~irutioe. ~
7, ?h~t in tt+~ avee~t tMt at the beginning of or st any time pending aoy wit upon this Mwtgaye, w to fwecloa N, a to mfwm it, or to a+fwoe ;
psyme~t of a~y dartns hereunder, said MORTGAGEE sh~ll ~pply to the Coun having jwisdKtion ~hereof fw the ~~O~f11rt~lf11 Of a RKlIVN, such Court sh+il ~
fonliwith ~ppoint • roosiver of taid mwtg+g~d prope+ty aU ~nd singular, includ~ny all and singul~? the income, profin, issues and revenves from wh~twer
w~rce derived, e+ch ~~d ~very ef which, it beirg expreuly ~nders~ood. is hereby mwtgaged u if specifically set fath and dewibed in tl+~ yrantirg and
Mb~r~xn cl~uses hcreof, ~nd such Receiver shall have ~II the bro~d and effective functwns and powers in ~nyw~se entrustcd by a Caxt to a Rsceivsr, and
such ~ppointment sMll be made by wch Cowl u ~n admitted equity and a maner of absolute right to said MORTGAGEE, and without referenc~ ro th~
adeqvacy a in~dequscy of the value of the prbperry mwtyaged or to the w~vc~cy or insolvency of s~id MORTGAGOR a the defendants, aod that such
renn, prafits, income, iu~-s and revcnues sh~ll be spplied by such Receive~ sccord~+g ~o ~he lier? o? equity of said MORTGAGEE ~nd the practice of such
Covtt. ~
8. To duly, prwnptly snd fuly perform, d'ncharge, execute, effect, complete, comply with •rwl abide by esch and every the stipubtions, sgreements,
cor?d'A'aro and covena~ts in iaid promissa?y rate ~nd this monyage set fwth.
9. TMt in the event the oMrtrorship of the mwtgaged premises. or any part thereof, becomes vested in s person otl~ tMn the MORTGAGOR, th~
MORTGAGEE, i» wccetsors snd suigro, may, without notice fo the MORTGAOR, deal wi?h such successw w successo~ in interest with reference ro this
mw~yaye and the debt hereby secured in the same ma~ner u w~th M{ortgaga without in any way vitiatirg o~ d~schuqinp the 1Nortyagors' li+bility herr
c~•4t F~sr.~y ~.,red. No fal¢ of ~he eremises hereby mo.taaoed ~nd no fabear•r~ce on rhe wn ot the MORTGAGEE d ib waessors
a augns +nd no extension of the time fo~ the psyment of the debt hereby secured given by the MORTGAGEE a its succeuors or auiyns, shall opaats
p releas~, dischar~e, modif~r change a affect tMe aiginal Ii~b~Gty of the MORTGAGOR hs~cin, eitF~er in whole or i~ put.
10. It is spedfically ~greed that f~me i~ of the euence of this contract and that ~o waiver of aMr obligstron hereunder or of ths obly~tion se-
pind her~by ~hall at any time the?eafter be held to be a waiver of the terms hcreof a of the instroment aecured herby.
11. In addition to the forego:ng monthly psyments of prin~ pDl and i~terest required by the promissory nore secured hereby, mortgagor torenants
and prees to pay to mortg~gee with e~ch momblY paYment an ~ddieion~l sum est~mated by mott9~gee ro be eq~al to 1~12 of the anrwal tost of the fdlow-
~^9~
A-All real o~operty taxes kvied o? auessed agai~st tlx above described real est~ta ;
8-Premivms on firo and windstorm inswance as here7n requ~red to be carried on the improvements situate o~ the sbove desvibed premises. '
f
C-Premiums on such mwtgsge gwranty insurar,ce as mortgagee shall from time to time deem fit to carry o~ the bsn setured hereby.
Mwtg~gee shall from time to time notify mortgagor in writing of the smount due snd payable hereurder u~d suth sum shall thereuFwr? be dve and ;
pay+bls on the dve date of the next monthly psyment and esch svccasive month thereafter until matgsgee shal) notify rnortgago? of a charge in such
a~nount. Such sums shall be ~pplied by mortgsyce toward the payment of real property ta~ces, insurance p~em:ums, and rt~wt9age 9uaranty insurance =
premiums. j
IN WITNESS WHEREOF, the said MORTGAGOR Ms hereunto set his hand and se~l the esr fi id. '
i
Sipmd, kd a elivaad in the presence of:
?
n
r ~ n
~
' s~+n
~
STATE OF FLORIDA ~ ;
St. Lucie ~
courm oF
sefon m~ p~roonally apptared .Tohn D_ Brnwning a~ ~j
Vi r,$i ni g Br~Wil~g h;s w;ie, to me well known and known to me to M i
t!w ind'nidwb described in and who executed the fwe9oirg instrument, and +cknowled~ed before me that they exewted the ssme for the purposea i
rhe,ein e~cp,e„ed, ,~,nd H,. ,,:d V i r$~ n i a Rrnl~rnin~
o} ~~d ~Tol'Ln n_ Browning upon • sep~rats and privat~
~xaminaY~on by rn~ ta!cen sepuate ~nd apaA from her uid husbs~d, acknowledped w and before m~ that sFw exewted ~id irotnrment trs~ly and voM?r?
tuily snd without arqr compubion, cor?itra~nt, appreheroan,~p? fear of ar from her said husband LL
WITNESS my lurd and official sssl this~"'~ day of A. D. 195L5L_.
Notsry lic in Md fw ths State of Fbrida at Lar~
My ' ion ~xpires:
Retwn Ta.
Flnr Feder.l :~v,y~s a l.oan llswciat~w, Notary Publlc. ltele of llorMe st Ca~e
, ~ OF1Fa~4n.ce. My Commission Expires Aug. 6, 1967
'~'.;~«+•n~~~~ FILED AN~ RE ~Y~~LA.. By Amencan Surety Co. of N. Y.
- • ~ fl T . ri gT.RE DE ~OUN • - `
0 : ~ VERIFIEO
• t, • _ .
o.~
-~u a!.~~ ~ ~ uN Z pN 3: I 1
_ 66 J S2
~ : - 145'~
HOGER AOITRAS =
CLERK CIRCUIY COUR7 - `
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~~t ~
, gooK14? 138 ~.4 ~ - ~ ;
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