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To pt~w u~d oont{ewo~sly kNp on tin butld'wqs now a hertaR~r ~ih,at~ on iaid I~nd ~nd o~ alt puipm~m ~nd pMSOnally cowr~d by this narp~
a~, whh ~il pr~mi~~ tl»~~an paid in fui6 tk~ i~swanc~ ~n ~!v viwl u~ndard policy form. • swn ~pprowd b~r tlw M4RiGAGEE. ~nd wieKbto~m
unw«+a in rh. wu,l u.nd..d policy f«en. M• sum ~pprowd by tM /MWTGAGEE. le wcl+ canp~nY w cornpao~u as th. AWRTG~tGEE m+r
dincy and ~U fin and w'Mdsarm i~aurana polici~ an any of aid buildinp~, any Mt~ns~ Mrnin w p+rt tMnoi. in tM pp~ep+r~ wm ~fo~~aid a
k+ ~xaa ~l~awi, ih~ll oonuin tlw uswl ~andard mortyapN d+v~ a~ wch o~M~ dwH as tM Nlortp~pe~ nwY nvuu~. makl~q tM bu v~ said po14
ct... ~.d~ w~d w.n?. v+rabl. a a~id MORTGAGEE a ia intar~st ~y app~sr. .~d each .~d ~r+.y suc~ Poitcy .hal~ b. pomprty as:yn.d a~d d.uw~.d ro
~ny MW by saW MORiG/IGFE p fwthN Mw~ify M f~id mortpsp~ d~bt. and no1 I~ss th~n t~n 1109 days In ~elvann of th~ ~~cpkNion of s~eh Vo~ieY. to d~
liwr a uid MORTG/?GEE a r~wal tlw~of. 1ope~F~u with • hc.ip~ fw tM p~ivm oi wcA reeawdt and rhen ~hatl M no tih w wtr~to.m in~w~a
p1~0~ 011 M1r Of Nld bY11d'M~pt. qly GIfHMt tMf~ill Ot pi~f fANlOI. w~lea Ie tM !«n~'~+d wi~h ~M bu p~y+bb as afonuidr +nd ~n ~M •wn~ aey wn+
of mon~y b~ooR.a p+pabb w+dM wc!? polity a policta wid MARTGI?GEE sf»tl h~v~ tM op~ion b no~iw and ~ppy tM wn~ on acaount o1 th~ ind~btd~
ness acw~d Mr~by a q pern+it s+W MORiGAGORS ro nc~iw and wt h or ~oy pa+t th~nof fw othe~ pwposes. w;~hout tAereb~ waiving or impa'a-
~~~S? puib. JiN? or ~ipht unda w by v41w of this mortpap~i and in tM tvMt wid MORTCsAGORS shall for ~ny rNSOn fail to keep tl» ~aid pr~mise~ so
inwnd a fstl to deliwr P~~Wb ~^Y d said polides of tawrw?o~ ro s~id MORTGAGEE. ot iail P~~P~N ro WY h?«ll +~Y Praniwn thtrtfo~ or In anr
r~sp~ct f~il b pw(an~ disdwr~. ~s~cvre. ~fhct. eompl~tp oomply with u+d ibid~ by this aovenaot, or any p~rt h~wf, said 1NORIGAGEE may plx~ ~~d j
P+r fa wd~ M~uw~a a any p~r~ tMnof without wNvM~p w~H~finY +ehr' aWion. (i~n. Wvib. o~ ripht ucdN a by virtw of fhis Mort9ap~. and th~ i
fuU anw~M of e.ch and .v.ry wch p.ynwm sh.ll b. inr++.d~ar.y dw «d p~rsbN «d •I+a+l b.ar innr.u from rh. d.~ ihsnof uotit paW M tiw rat~ ot ,
nin~ per dnhxn p~? arwwm and topetMr wiM wcA intKMt shall be secw~d by th~ li~n of this t~wrt~ap~.
1. To p~rmty oo~nnit a wffM no w~stR. fa~P+irmenf a tMtttioation d said propKty a anp p~A tMrwf.
S. To piy ~II ~nd skipular tlr•ooat~, eh~rpp ~nd exp~r?w~ includinp ~ nasonabl~ ~trae~y's fe~ ~od aosri of ~btNact~ of tit(~. Incwr~d or paid ~t
•ny tin~ by wid MORTGAGEE, b~cw~ o~ in th~ ~wnt oi tM faitun on th~ put ~ the aaid MORTGAGOR to duy, prompty ~nd fvly pKionn, d~xhKg~,,
sxicuf~. ~fhd, canp4t*, oomply with and ab~d~ b~r ~ad~ aod w~ry tM stipulai~om, ~p~eM+ents, ow~ditio~s ud eoweanK of s~M promissay not~ and this
^,wtq+p~ +ny oe eitMr. .~d ..d cosn. d~ aoa .:~us, .,d+ .~d .~.y. .~+.o b. u~dNMN dw .oa P+r+w.: w~»r~+e. o. ~+a be notit~ d~
mand, atNmpt b eolMct w tui~ p~+~ys ar+d ti» ivll ~n+ount of Mch ~nd wNy wd? paymn+t sMll b~a~ imerest f~an tFr daN tlrrwf uetil p~id ~I the
rote of ~ pu pntwn pu ~rrwm; a?d ~p ~aid tbtts, d~u~ts a~d expenws incwrd or paid, WpNMr with wth intsrpt. ~Mlt M a~cwed by th~ li~n of tha
malp~pw
6~ Thit W in th~ w~M of any brtach ot thi~ JNorlpap~ or d~fwN on t!r put o~ ths MORTGAGOR. or (b) in th~ ~wnt ~MI ~ w~d wna of n+u'nh? L
F+aNn nhn~d to b~ not ~omptly and fully p~id within thirty (30) days ~ext after the sam~ s~ver~lly becom~ dut ~ed payabl~, without dKn~~+cf a notip.
or {v M th~ wMt ~ad~ M+d ~wry the stiput~tioia. s~r~menn. caditions Md cov~nts of sa;d pomwory note and this' mor~p+pe any or ~ithu an no1
iulY. pronptlp ~nd fully pKforrnad, d~sch~rped, exta?t~d. ~fficud. compl~t~d, cornplwd with ~nd ~biJed by, th~n in ~itF~ or u~y aoch ~wnt tM said p~
prq~N sum a»MiaNd in ~id pramisx+ry not~ then r~nsini^p u~+Wid, with u?tersst aeuwd. ~+d ~II montyi s~tv~td ha~by. aha!! btaom~ ~ and WY~
abt~ forthwifA, or Nwr~aha, at tM option of ~sid MORTGAGEE, a fvlly ~nd comp{~~ely +s N all of tM ~aid wms of ma~ey wsn oripioally atiputated
to E~ paid oe wd~ d+Y. +nYthinp in s+id p?omiuwy ~wt~ a tn this Maty~ to tM oontr~ry notwithstandinp; a~+d therwpon or thereah~r at tM option of
~id MORTCaAGEE, witho~A notiu w d~mand, wit d lawr w in puity, therefore a the~eaf~~r bpun, m~y be p~oucvted a ff all m~x~eya wcurd hereby
had m~~und priw to its institution.
7. ihn in th~ went tMt tl tM be9innie~ of or at ~ny time pend'~ny aoy wit upon tha Mo.tqape, w to forecbse N, w to rofonn it, a to enfo.p
paymMt of any dai~m Mr~w~der, aid MORTGAGEf sRa11 appty ro ihe Goun haviny jw~sdKeion rhe~eof fa ~M appannnenr of a R«eive., wch Court shsll
fwtiiwifli ippoint ~ rooeiwr of aaid mwtys~ed properry ~II and iugvlar. todudmp all and sinqular th~ incom~, profits, issuss and ~evanues from wMtever
soura d~riwd ~ad? snd ~vay of wF~ich, it beinp expreuy unde~stood. is hereby mortga9ed as if apecifiuily set forth snd dewibed in the yaanti and
hab~ndwe dwset Iwwf, and wch RsuFver shaU !Ww aIl tl» bro~d and effective fvnd~ons and powers in snywise entrusted by a Covrt to a Receiv~r, and
wch ~ppotn~meM sMll be m+d~ by wch Cowt a an +dmined equity and a m~ner of ~bsdute ripht ro aid MORiGAGEE. ~nd without refercr~ce to tM
adequacy a inad~qu~cy of th~ v~lv~ ot the prbpKty mwt~ap~d or ro the wlvency or insolrency oi said NWRTGAGOR a the defendanq, and tMt such
rena„ profit~, incaes, issves uid nrMUa shall be appli~d by such Raceiver acco.dinp to tl?~ lien w equity of wid MORTGAGEE and the practice of svch
CouA.
s. To dvly. pranptly and fvlly pwfonn, d'ach~~q~, exscute. eH~ct. eomplet~, aowr~ply with and abld~ by std~ and ~wry tlw stipsrlatioea, ayr~?n,
cond'nloer ant! covenants in iaid p~omiswry not~ and this matype set forth.
~ 9. ?hat in th~ went ths ownership oi th~ mor~9+~~d Premises. w uq? pa~t tl~eof, betanes vestad in • penon o~her thsn the MORTGAGOR. t!»
MORTGAGEE, Hs s~ccessors and ~ui9ns, m~y. wifFww nofiu to the MORTGAOR, dsal with such waessor or wcceuo. in Fnteresf wi~h ~eference to this ~
~a.~yape and rlx deb~ Irrebr ,ecwed r, r1,e w„e ,,,,~,er as w~~h Ma~9ayo. without in ~ny w~y viti~tinp a d~xMrpinp tM Mortyagors' Itability Fwa
under or ~ipon the debt hereby secvred. No uk of the prem~ses hereby mortpaped ~nd ao fwbearance on the pah of tFa AhORTGAGEE w its successon }
w usi~ro and no extensioe~ ot tke time for the psym~nt of the d~W hsreby ~ecvred piven b~r th~ lNORTGAGEE a its svcuuors w assi9es, shall operat~ ~
ro nleak. ~sd~uy~, modify ch+rg~ or affect tM wiginal li~bil~ry of tM MORTGAGOR herein, tithq in whda or in put. i
10. h is tpecifically s~reed that time is of tM esse~ce of this comract ~nd tMt no waivsr of any oblipation hereurdK or of tlv oblg~tion st ~
a,red hu~by ~hall at u~y time ther~aher bt h~ld to bs ~ w~iver of the terms hereof a of th~ Instnxnent s~cwed herby.
11. In add~ran ro rhe fwego:~y mon:hfy p.y,nen~• of ixinc-p~1 and interat required by the promis~ory note secured hereby, mortgsgw covenanta
and pnes to pay to mortgagae with e~ch momhly payment ~n ~dd~rional swn eitimsted by mort9ayee to be eqwl to 1/12 of the annual cost of the follow- ~
ing: '
A-All reat property taxes kvied or ~ssessed against tFrc above desaebed reil est~te.
6-P?emivms on fire and windstorm inswa~ce as herein requ~red to be urried on the improvemer+ts sitvate on the ~bove desaibed premises.
C-Premivms on skch morty~ge ~wwrsnry inswance as mortgspe~ shall from twne fo time ekeeri fit ro urry on the lom ucured hereby. s
Mortyages shsll from time to t~me hotity mortgagw i~ writing of the amount due ~nd payabte he~evnder ~nd svch svm shall therevport be dve snd
paY~bk on rhs due date of the next monthlY payment and exh svccessive month thereaRer ~~til mwtgsyee ~hsll not~fy mwtgagor of a change in wch
amount. Sud~ wms si+dl be spplied by mortysyse towsrd the payment of real property t~xes, inwrance prem:ums, snd mort
9~ 9wranfy inwqnce
prcm'nrmt.
IN WITNESS WHEREOF, the s~id N10RTGAGOR hss hereumo set his h~nd and sed the day ~nd u afw . ~
' n~d. , ~led and d~ ~d ~ the prasence ofs ~
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i
ATE Of FLORIDA ~ ~ ~
~ St. Lucie
lefo,, n,, p~r,p„n,,,pp.,ned Robert E. Woods. e single sdult ~
ths irw6vldwN dacribad in and who ~necwed tf» for instrument and adcnow to me well known and krawn to me to M _
eyoiny iedped beforo ms that tMy exea»ed tl?e sarrw for th~ p~rposes
tFIN~k~ ~%~fMNd.~rs~.~a~`~~rss
~~~1~ ?~tiG7t.~ ~s.~~w~sMw~a~
WITNf55 mY ha~d and oN+c:af wal ' d+Y A. D. 19 vv
Not ry Pvblic in ~nd or th~ Sute of Fbrida at lar~
My Comnitsion ~xpires:
Retwn Ta. `
c~s+ r~.a..,~ s,r~. a to,~ FILEB ANO REG~RPfiP NN+rI? t~Y'ic. Swe al Haidi at l~r~e
o~ f«t P:n«. ST. LUCIE COUNTY. RIA. Mf? ~~E~ ~23,G
69
Fort Pierce, Fb.~aa RECORD VEItIFIED
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CLERK ClRCU1T COURT • ' ~ ~
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