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To plaa ~nd conti~wwwh? tu~P o~ th~ buildinp~ now a IwrNNK ~itu~f~ on said land and on all puip~n«+f ~nd pasonaly cownd by N+b n~ap~
p~. with ~II p~~miwrA tl+Kwn p~~d in full. tin i~?su.u+c~ in tiv vwal sundud poticy fonn, ~n + ium +pprowd bY Me NIORTGAGEE, and wi~torm
Maww~a in th~ utwl s~and+.d policy fonn. in ~ sum ~pprowd bY th~ MORIGJIGEE. M svch con+P+^Y a ca~P+ei~s a tM MORTGA(3EE may
findj ~nd ~il fin w?d wind~wrm ieawa+a polici~s on any ot uid buildcnp~„ any ioh.h~ ~M.~in a pah tM.~of. M tM apqrpat~ ~wn afot~Nid or
N~xas~ tMrwf, ~MU oon~ain tM wwt iund~rd mort~pM cl+w~ a such otlw~ clavw ~s tM Morty+pe~ n+~Y rMu'w~. ~kM~p tM loss w+dK uid pol}
dw ~ad~ ~nd ~vary. wraW. a wk! MORTW?(3EE in lm.rar m.r app~ar. and ~acA ae~d ~wry wd~ policy shatl b~ p~omPtly ~u:9n~d and d~liva~d ro
~ny MW by wid MORTG/?GFE a funhN wcv.iry to s+W mwpa~ d~bt. ~nd. ew Iq~ tha? teo (10) days in ~dvann of tM ~xpir~tion of eacb policy. ro dr
liw~ to s~id MORTGAGEE • nnew~l tMrwf. topNMr witl~ a~ecNpt for tM pnmium of wch r~xwali u~d then ~h+ll b~ no fin o~ winds~am iruw~nn
plaad on ~ny of wid buildinps. +eY int~r~st tMnin a p~rt tl+Kwf, ~ntas in rh~ fo.m'and wi~A tM lou payabl~ ~s afonsaidj and in rM ~Y~nt ~ny sum
~ TpNy ~np p~ysW~ wd~ wch polky o~ pol;ws said MORTGAGEE sMll haw th~ optian to noeiw snd ~pply th~ s+m~ on +coow+t o1 tM i~d~bqd
n.a pcw.d h.nby ar ~o p~imi~ ud MORTGAGORS ro nniv and ~n. H w.ny put thereof ior othc~ purposes, without thereb~ waivi~y a impair
~q +~Y ~4~?ity, lia~ or ripht w~de~ a!:y virtw of thia n+ortyaptt +~+d In tM ~wnt uid MORTGAGORS ~MII iw any ~~awn fail ro keep tM said p~anisa w
h~wnd, w f~il b ddiwr pramptly any of said polici~s of iewnno~ ro aid MORTGAGEE. w f~il p.omptly ro pay fully ~n~ pranium thKefor a t~ any
n~p~ct f~il to paform. discMr9t. ~x~cut~ ~ff~ct, compl~t~, oomply with ~+d abid~ by tha covsnsnt, w ~ny part I+Nwf, s+id MORTGAGEE may pl~ce ~nd
WY fa wd~ kawa~w~ w any put tMreof without w~hrinp or aff~ctinp +nY oPtion. lN~. ~Wity. a~ipht wda or by vi~tw of this Matp+pe. ~nd tM
full anwuM of eaeh and rwry wd~ MYn~+t d++ll b~ ieew~d~+1~lY dw ad P'y+bh and sh~ll bsar int~r.q from tM dan rMtwf wuil paid N th~ r~q oi
nin~ pK osnwm pK ~erwn++ u~d top~tha with s~xh k?terut tMll b~ t~cund by tM Iia~ of this tnort~p~.
To p~rmil. oonrnit or wffK oo wut~. MnWirm~nt a d~tKioratan of said propaty w~ny p~rt thsrwf.
5, To pay ~11 snd sinpular tM.coa». cha~~s ~nd ~xpaosa. includ'inp ~ r~+son+ble anorn~y's h~ ~nd oosb of ~bfMKts Of fit10. incwred w paid at
any tLn~ by wW IIIWRiGAGEE, b~ues! or in tM *wet of tM t~ilw~ on tM p~n of th~ said NIOitTGAGOR w duh?. prompthr and fully p~?form, diuMrgR
sx~cvt~. ~ffsd. aotnPN«. ~+PM ~th and ~bid~ by ~ath ~nd way tM Nipulations, ~yreanents. conditia~, and oov~r~snts of s~id paTiswry nw~ u~d tFw
maty+p~ +M a~itha. ~rd s~id oos~s. dwpes and ~xp~~res, t+ch and ~y, sh~ll be irrWnediat~ly dw and p+yable: whetMr a not tMn be notia da
m~e~d, att~mpt ta, eoll~q o~ qiif p~nd;npj ~nd th~ firll anaunt of esch and wery wch paym~nt aMll b~a. interat fran tM dat~ th~reof uotil piid at th~
r~te of nine per ceetwn per ~+m: +nd +11 said cLsn, chupes and e:p~nses inaxrad a paid. to~thK with wch in~K~st. tFWll bs s~cw~d by tM lien of tha
~q~
6~ YMt W in tM ~wnt d any brs+ch of thh Mortyay~ o? d~favlt on th~ part of tM MORTGAGOR, w(b) in tl+~ weet sny of uid wrm of mon~y
hen(n nhn~d te b~ not prompty uid fully paid within thirty (30) days nex~ afte~ tM same severally becorn~ dw a~d p~yabb. withovt demand w ~otioe,
w(rJ in tM ~wq~ ~ath and ~wry th~ stip~laYwm. s~een~^M, conditio~a w~d coveewnb of s~7d pran'nsory note ud th~s mal9ap~ +nY w tifher a~~ no1
~+H. P~P~b aed fulh P~rform~d. d~scAuped, exacuted, ~ffected. comPl~ted, tanP~i~d with ~nd abidsd by. tMn in eithK w any tucA ~wnt th~ ~aid ap~
On~f~ swn tmntiooed in s+id promis~ory nott tMa ran~ininp unpaid, with inttr~st ~ccrued, and all ma~eys a~curtd Mr~br. a!»II b~aom~ dw aed p~y~
•bl~ forthwirh, w there~fta, at th~ op~ion o! ssid MORTGAGEE. ~s f~lly ~nd compl~tely ~s if all of tM said wms of nar~y wer~ oripin~tly sripulated
ro be p~;d on wch d~y. snythinp in sa;d prom7ssory ~wt~ or tn thb Mo~ys~ ro th~ contary notwitMt~ndinp: and thereupon a ther~ahe. at tM option of
uid MORTGAGEE. witM~t notic~ or dem+nd, wit +t la~v or in puity. ther~fore a tFweaher begw~, m+Y be prosecuted a if dl ma+~r secvrd hsr~by
had matur~d prior to its i+utitution.
7. That in tM went tMt at the b~yinninp of w~t u?y tim~ pendi~+p wY wit upon this Mortgap~. a to foreclos~ it, w fo niorm if, or b~nfwa
p~ym~M of a~y daims herNx~d~?, s+id MORTGACsEE shsll spply ro the CwA havirg j~rrisdiction thereof fw ths ~ppomtment of ~ Recava. wch Coui1 iMll
fortliwith ~ppoint a nceivN of ~aid mortpag~d property all and ~irg~?lar, includ~np ~U ~nd sirg~lu tF~ incorrK. profits, Issuei and nvenves from whatevar
~ow~ d~r;v~d. ~ach u~d ~very of whKh, it beinp expressty und~nrood. is hcreby mortyaged as if spetifiully ~et fwth ~nd desvibed in the pwntirp ~nd
Mb~ndiwn c4vses Mreof, and wch Reo~ivN shall h~ve all the broad and effectiw ivnctans u~d powen in anywis~ entrusted by a Court to • Recsivsr, and
•uch ~ppoietm~nt sh~ll be m~ by wch Cowt u~n admined equity and a m+tter of absolute ri9ht ro sa~d MORTGAGEE, and without reference ro th~
.d.qv.cy o. in.d.q~,.cy of ~he wlw of rM prope.ty monp~ed or ro rh. wiwncy w insolvee~cy of s+id MORiGAGOR or the defar~dann, and thst such
r~nrs, profia, kKw~r, issv~s ~nd nwnues sh~ll be ~pplied by wch Receive~ aaordirg to tFw lien or equity of said MORTGAGEE u?d the practiu of such
C.ourt.
S. To duly, promptly ~nd fv11y perform. d'ixh+ry~. execvte, effect, compkte, oomply with ~nd ~bid~ by exA and wery tM stipulatio~a„ preert~ents,
cond'nioos snd oovenants in aaid promissory nota and tl?is matysge set forth.
9. Th~t in tM wem the ownership of the mortyap~d prcmaes, or sny p~rt therwf, becanes vested in • penon other th~n the Al10RTGAGOR, the
MORTGAGEE, its succe~wrs and au;prn, may, wi~hout notice to the MORTGAOR, dcal with such wcceswr o~ wccess« in interest with reference to this ,
mwtp~pe u~d tM debt herebp secwed in tht sarn~ manner as with Mwtpapw witFaW in any way vitiatinp a dischs~pirg the Mortyayws' li~bility here-
under w upa~ the debt hereby secured. No sak of tM premises Ixreby mort~syed u+d no fwbeuante on tM p+rt of tM NIORTGAGEE w i» succcsson
a assi9~u snd no extension of the time for the p~yment of tM aebt hsreby secured 9ivee~ by the AIIORTGAGEE a in sua~ssors or assiy~s, fhall oper~q
ro r~1~w, d'qch~rpe, rnod'ifp ch~npa a affect ttw oriyin+l lisbility of the MORTGIIGOR h~re'uy eithsr in whole or in put•
10. It B sp~cifically ayreed that tim~ is of ths cssence of this co~tract snd th~t no w~iver of any obl'g~tion here~nder w of the oblgation sa-
a:red hareby ah+ll ~t any tim~ tFiucahar b~ hdd to be a w~iver of the temis hereof a of ths ir?stnnnent sacwed herby.
11. In ~dd;tan to the fwegoa+g monthly payme~n of princ:p'1 and interest raquired by the promisw~y oote secwed hereby, rtwrtgagor cov~nants
s~ ayrees to piy to mort9aget with each monthlY p~Yment an add~ianal wm estimat~d by mort~agee to be eqval to 1/12 of the annwl cost of the folbw-
ir?g:
A-All re~l property tsxes kvied w sssesud against the above dti:saibed real estste.
B-Premiwro on fin snd windsrorm insvrs~+ce as he?ei~ requ'ued to be urried on the in?provNnents ~itwte on the ~bove daaibed premise~.
C-Premivms on s4th mort9aye gwr~nty insuranu u mortg+gee shall from time to time deem fit to c~rry on the ban secured FKreby
~ Mortgapee shall from time to time notify mortgayor in writing of the srraunt due snd payabk hereunder and s~ch svm shall thereupon be dve snd
~ ablt on the d~e date of the nezt monthl mcnt and each s~ccessive month there~fter until shall noti mort or of a chs m wch
j pay Y WY ^~9~9~ fY 9s9 ~
~ amount. SucF~ svms shall be apptied by mwtgsyee toward the p+yment of real property ta:es, iowrance prem.ums, and mortgsge guaranty ioswance
pren+iwm.
IN WRNE55 WHEREOF, the said 1NORTGAGOR hss here~rnto set his Itind md sesl the day snd ye+~ fint ~foresaid.
S mt1, ~3d an d~liwre m th esance of: '
~
n
. K--n
STATE OF FLORIOA ~
St. Lucie
courmr oF
a~,,,,,ih ~T _ Brant ley S chira rd
• L. i n d 9 S ~h i re r d his w~fe, to ms well known snd known to me to b~
the individwb describ~d in and who execvted tM forepanp instrumeM, and acknowledped before me that they eaecuted the ssme fw tl» pwposes
,~,e~ ~x~ef~, ,~,d ~ ,,;d Linda Schirard _ _
w~{~ M~ J. Brsntley Schirerd „p,,, ~~rate and private
ex~min~tan by m~ qken tepsraq ~nd apart from her said Iwsb~nd, ~du~owl~dged to and befon rn~ th~t she executed said instrvment freely and volvir
tarily and witho~t aiqr compulsion, cantraint, apprehension, pr feu of or from her taid husband. LL
WITNESS m~? hand snd offkial seal t1+K /-c'~G day of A. D. 19__5~5~
Notary Public in ~nd for the S te~of Fbrida at Lup~
My Commasion ~xpires: /~~/~9
tt~rw~ ta Notary ?u'~iic, Sta:e a1 Florid~ at larg~
FM f.der•) Savin~s a loao A.s«iaran ~Ay Commission
~ F~ P~~~. Expires Nor. 3, 1969
FIIED AND RECOROED ~„~,d F;,~ a c~.~ u.
Fort Pierte, Flwids '
ST. LUCIE C~F~~~~ED ' ~
\ . ,`:i,3:::F::lJt,,
Ci ~ ~ ~~7rZ~^^~~~ - ~ ~71'" .
_ ,rs„r.if\ ~1~ •~.Y'~i ' .
~ ~ 3 . 3 4 .J.E~ ~,3 n•
r;,U 1 P~~ 1,, „
i465~ -=,r. ~'f•~~.rs. -
~ :-..i) i; ru~ ` COURT - : ~.t -
CI.ERK CI~CU17 f ~ -
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e~~ 149 358 - ~
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