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To pl~n u+d oontMwo~sy kNp on th~ buildinps now or h~reaft~r ~ituaN on s+id land u~d on atl puipm~nt ~nd p~na+ally covK~d by this n+orp~ , t
~p~, with ~11 p~rt~iwdt tiwnon p~id in fvll, fin iniur~na ie~ th~ vswl sunda.d policy iorm. ~n ~ swin aPWo~nd by th~ M4RTGAGEE. ~~+d wi~to~m
inwr~na M ~M wwl ~und+.d poGcy fam. in • wm approwd by ~h~ MORTW?GEE. In wch companY o? canpa~iN a tM MORTGAGEE may
dindt and all iin ~nd wind~arm inwrana Policas on ~ny of s~id build~nps. +nY int~ns~ ~~in or pat thK~of. in 1M apqrp~q ~wn ~fae~aid or
In ~xo~t~ elrnof, th+ll contain t1» wual :uedud moNp+pN daus~ w ~ucfi ah.r dwN as tl» Matpa~ may ~pvin. m~kinp tM Iws w+dN ~aid po1i~
ci~s, tsch ~nd ~w+y. WY+~ a~ M~TGAGEE a in inlassl m~y ~pp~sr. and ~ach and ~wrY ~uch Poliq ~MII promptly ui:~r.td and d~livNed to
any MW by s~id MORTGAGEE u f~rtMr ~KUrity fo s~id matp+~e debt. ~nd. not bss tMn ten (1~ d~ys in +dv~nc~ of th~ ~xpir~tion of ~+d~ policy, ro dr
livM ~o s~id MORiGAGEE ~~~wal tMrwf, wpethK wiih a reuipt fa th~ p~m~vm of wch r~newalj u?d tMn sh+ll b~ no fin a windsta~n inwr~e?c~
plaad on ~ny of u;d pvildi,q~„ aey hte~at. tMnin a part ti?K~of, uni~ss in t7ie form' ~nd with th~ bu p~y~bi~ as afwssaidt and in tM ~ven~ any wn+
oi nwMy becaews paY+bl~ w+da wch policy or policiss afd MORTGAGEE shall Mw th~ option to nuiw ard apply tM s~ on accowH o1 tM ind~bred~
rwu ~~cynd hK~py w a pirmit said MORTWIGORS to nniw and ua~ H a~ny part tMrwf fa oihe~ purposes, wi~hout ~ha~eb~ w~i~i~y a unpair-
irq ~ny p~iry, li~n o? ~iph~ w+d~~ w by vittu~ of this nartp~~ ted in tM ~va~t taid MORTGAGORS sl++11 fw u~y rtason fail M katp tM s~id p?tmises so
k+sw~d, a f~il w deliver promptN ~eqr o1 ~aid polici~s of insw~nu w s~id MORTGAGEE. or fail promptly w p+y fu11Y ~y pr~miwn ther~fw a in any
r~~p~d f~il w pNfocen, dlulw~e, ~x~cut~ ~ff~ct, compl~t~, oomply with and abid~ by this cown+nt, a any put h~reof, s~id MORTGAGEE m+y p~ac~ +~+d
p~Y {~r ~h i~w~nq o~ ~ny put thenof witFwut w~lvinp a aff~ctinp ~ny opt3on. ~i~n. puity. w riphl ~ndN o~ by virtw of thi~ Mat~p~. ~nd tM
i~u anwwu of e.ch «+d .w~r a+d+ wr~«a sM1l b. ~n.dw~.1y dw and P.ya. and sMn b.ar ~nres~ f.an ~M dat• ~Mrwf w+~~i paid ae ~M ~a» ol
nin~ pK aMwn pK uxwm uid togetlw~ with sucA intK~st sh~ll be s~cuhd by tM li~n of this ~?aty+pe.
a. To p~rmN. aommit or wffa no wsst~, tmp~irmeot or detaioration of s~id propKtp a any p+rt therwf.
S. To p+y all ~nd siegular tl+~ ~coan. ehup~s ~nd ~xp~nses. inclvdinp s nasa++ble ~ttwn+y's fs~ and costs of ~bsn~cts of titl~, incurrd a p+id at
~ny tim~ by aid MORTGAGEE, b~cavu or h the ewnt of the failvn on th~ p+rt of the uk! MORTGAGOR ro duh?. pron+P~ly and fu11Y pKfwm, dixhsry~,
•xecuta ~ff~a. oon?Pkt~. oomplY wi~h and ~b~de by ~ad+ u+d wery tl+~ i~ipular'~aw +~reeenenn. conditions. and oownants of sad promiu«y oa~ ~nd ~his
mwtp~ ~nr o? eitha. and said cosn„ dw~es and ~xp~es. ~ad~ ~nd ew~y. sMll b~ irnm~diaqly dw ~nd p~yabk: v?}KtMr a ~ot tMn be no~ioe dr
,,,.r,d, ~tt~mpt ~o coll~ct a wit pa+dirgj +nd tM full ~nowit of sach ~nd w~ry wch payn+enr sMll bea. intr.~st fran tM dat~ tMreof until paid ~t tl+e
rate of rwrw per cw+twe per anwm; +nd ~11 s+id cbsn. cMr9e+ +nd expe~ses incwred a p~id, wpNFwr with iuch k~tKat. sMll b~ s~cwed by th~ IiN? of this
~q~
d, flwt W in ths ewM of ~ny bsach of thb Nbrtp+p~ w d~favN on tl+~ pa~t of th~ MORTGAGOR, o? (b) in ~M ~vent ~rryr of u~d swm of naney
hs?~tn nhn~d ro b~ not prompuy aod fuly paid wi~hin thirty C,iO) days next aha th~ ~ne s~ver~ltr become due ~ad parabb. wi~laut dem+nd or notice.
w(rJ in tM rwn~ ~ad~ u+d wKy tM sNp~rlatioes, ~yrNmenu, oonditions and coven~nn of sa~d proinis~ory n~ and tiw matp+~e +^Y a ~itha ar~ ewl
i~h. ~ry ,~,d fi,iy ~o~m.d, d;,d,..~d, ~xecuted, ~ffected, completed, complied with and sbided by. tlwe in either or any such ~wnt tM wid ~
prq~t~ swn m~ntarrd in said promitsory not~ tlw~ rem~inMp ~mW~d. with intersst ~ccrued. u+d sll moneys s~cvred F?er~by. shdl beean~ dw and P+Y-
abl~ forthwithr or tMre~fter, af tl+~ option of said MORTGAGEE, ~s fvlly snd compl~tety u if all of tF+e ssid wms of mon~y vwr~ wginally sNpvlated
ro b~ p~id on wch dsY. anyfhug s+id promissory ~wh or ie this Mortpa9e to 1M tontr~ry notwitMtaodiny: and therwpon or thereafta at th~ op~~oe~ of
uid MORTGAGEE, without ratiu w dam~nd. wil ~t la~v a in puity, therefore or tt+ers~her bayw~, m~Y be prosacuted as if sll marys s~cvnd hereby
hsd tnnund prior to ib institWion.
7. llwl tn th~ ~wnt that ~t tM bs9iru~inp of or at ~n~ tien~ pendnp ~oy wit upon this Morty+ge, or ro foreclose N. or fo reform it, a to enforc~ ~
payenent of ay? dsims he?e~ndK. ~aid MORTGAGEE sh+ll apply w the Covn Mvinp jvrisd~ction ~hereof iw the ~ppo~mment of a Recaver. svch Court sl++ll ~
fortliwhh appoint s receiw? of asid mort9~ped property all ud sinp~lu, ie~clud~rq all and singul~r the incom~, p?ofits, iswes ~nd revenues from wh~tever ~
wwa duiwd. ~ad~ +nd ~wrY of whicM, it b~irg ~xp?essly undas~ood. is hereby e?ortg+yed +s if spec~fiully set fonh and dacribed in the ~ranruy and
habandum clauses lwwf. and :vch Reoeiva ~hsll have ~II tM bro~d +nd ~ffective funct~ora and povrcn in ~~ryrwise entrust~d by ~ Coun ro a Receiva, and
such ~ppointmtnt shall be m~ by wch Cowt ss u~ admitted eqviy ~nd s mane~ of ~bsolute rqht w s~id MORTGAGEE, and without referenc~ ro tM `
adequaey w irwd~qvacy of the wlu~ of th~ prbperty mortyaped w to the solvency or ir?so~ve~cY ef s+~d N?ORTGAGOR w~ha defendann, ~nd tMt such
rents, profits, inoorn~, iuues and r~v~nw~ sh+ll be ~pplied by such Reuiva xcordinp ro the lien or puiry of said MORTGAGEE and the practiu of such
Caxt.
d. To duly. P?ompry a+d futly perfwm, disch~?pe, execvte. effect, mmplete. comp~Y with and •bids by esd~ and every ths stipulario~+~„ apreemenn, i
cond'nio~s xd awanw?n in ~sid promissory not~ and this mortysg~ set torth.
9. ilut the ~vent the owrrorship of tM mortysyed pre~nises. a arsy psrt thereof, becana vestad In a ptnoo othe? th~n the MORTGAGOR, tM
MORTGAGEE, its wcceuors ~nd assip~s, m+Y. without no~ice to the MORTGAOR, deal with svch wccessor or wa.esso? in interest with refnence ro this
mortQap~ ~nd tt» debt he~eby satvred in tM sams marr+er ~s with Mwtp~gw witha?t L+ a~y wsy viti~tirg or disch+rpinp the Morty~ors' li+bility hen-
undcr or upon th~ debt hersby secvred. No sak of th~ premisea hereby mortya~ed and eo fwbear~nce on tM pan of the MORTGAGEE a in suocssson
or +ssiyns and ra eare~sion of the t~me fw the payment of the debt hsreby sccured piven by Ihe 1NORTGAGEE w in s~co~sson or ~ssipra, ah+ll op~raN
ro rsl~aw, disclWrye, modify chuge or affect tht oriyinal liability of the MORTGAGOR I+Kein, either a~ whol~ a in part.
10. It is speciP~cally ~gned tMt time is of tM euence of this contract ~nd that ra w~iwr of any obli~afion herwnder w of tM obliyaYan se-
cund h~reby shall at any time there~fier b~ held to be ~ w~iver of the terms hereof or of the iratrwnent sscwed herby.
11. In addition to the forego:ng monthly paymenri of princ:p~l ~nd interest required by the prom~sswy ~o~e set~red hereby, mortpsgor covenanri
and ~gre~s to pay ro mortgages with each m«+thly payment an add~~ion~l wm estimated by mortyapee ro be eqwl to 1/12 of the annwl cost of the folbw-
ing: ' `
A-All real property t~xes kvied w assessed agaiast tl+e above described real esNte. i
d-Aremiums on fire snd w'u~dstorm iniurance as herein requwred ro be ca~ried on the improvemeMS sitwte on the ~bove described premises.
, C-Premiums on skch mort9+9~ 9~+^tY insw~r~ce as rnwtga9ee shall ~rom time te Yune deem fit to urry on the losn secured ixreby.
Mortyagee shsll from time to time notify mortg~gor in writing of the smount due snd p~yable hereunder and such wm shall thereupon be due ~nd
' payabl~. on tM due date of the next monthly payment and t~ch succesirve month there~iter until mortgsyee sh~ll not~fy mwtysgw of • change in such
I amount. Such sums shall be spplied by mortya~ee toward the p+yment_of real property taxes, irourance prem:ums, snd mort~ape guaranty insurance
premiums.
f IN WITNESS REOF, the s~id MO TGAGOR has here~?mo set his hand u~d seal the day ~nd year first ~forasaid.
-1 rM~n~e .
f ~ Sip~Nd, Sta in of: . .
n
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~ n
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srnTe oF aortiow ~
St. Lucie
courtnr oF
~ ~ ~~~y,~,~ Calvin L. Broxning
C a ro 1 Mt . Brownin6 , hi, w~~~, to ,ne we~~ kno~,n .,+d k~wn to me „ b.
rhe ird'ividwb described in and who ~:scvted the foreyoirg instrument, and ackrawkd9ed before me that tF~ey executed the sam~ for the purposes
~~,ey~ ~,p,~, ,,,,d,,,..,;a Carol W. BroWninQ
wife ot th~ wid C a lvin L. BIAOi~D~DiC upon ~ aep~rats aod privat~ (
ezsmin~tan by m~ taken ~eparst~ and apsn from her said husbarid. ~dcnowlsd~ed ro~nd before me th~t she executed said irotrument freely and volw~- j
rarily and witF?out uqr conpulsion, constraint, apprehensio , or fear of or from her s+id husbsnd. ~
WITNE55 my h+nd and official seal thi day A. D. 19.3L~? i
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` Notsry P~blic in Md for the St of Fbrida ~t larpe {
~ My Commission enpires: ~ ~j//~ {
Rehxn Ta. ~ d7 t
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Rrst F~d~~l Ssv~ i loan Astoc~at~on NOTARYPI;E'_t~. r7'Tr ~r F,~~;~A a~ LARGB ?
~ Of Fort Pierce. MY CG:':.il:~.;;:i ;i~~'r. ~9. 1968 '
~ FOfT P1lft!• FIW~a ~OND[O TMROUGM FRZD W. DIZ~TELMOR~'T {
FILEO AND RECORDED ~
ST. LUCIE COUNTY. FLA. ~
RECORO VERIFIEO ~ • • .
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- 'n6 JLL I PM 3 : 34 : _ . ~ ~ - = .
146568 . ; . - ~
R4vE~i~ i'OtTP.t,S ~ ' . ` ' ' -
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CLERK CIRCUIT COURT 800K~~~~;,,~ '~••4~
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