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To plac~ and oontirwously ke~p on tFr buildinps ~o~w a here~h~r sitwb on uid tand u+d on all puipn~ot ~nd pKwnally townd by 1hN nwrp~
~p~, whh ~II punlunA tlwr~ paid in futl, fin inwrarw~ in tFv ~sual uudud policy form, ~n • swn approv~d b~r tM MORTGAGEE, a+~d windatwm
Niau~na In tlr vsua) ~tand~rd polk~? fam. in ~ sum ~pprov~d bY rhe MORTGAGEE. in wch comW^Y « ro^~p+^~K a tM MORTGAGfE ~nay
~WW~ u~d all fin a~d wie~tam inwrN+o~ pdici~s on aoy of said buitd~,•~ny iet~s~ tM.~in or pa.t tlkrwf, in tl» +yprsyah wm ~fatsaid w
In ~xpw ~Mnof. ~MII contain tlw wval stu+dard maty+~ clavs~ o~ sv~i~ otM? cl~uN ~s tM MortpaqM m~Y nqvw~. n+akinp tM bss u~?da s~id potF
dM„ wch ~nd ~wry. P+Yabl~ b~aid MORTGAGEE ~s ~ts ieterest may appw. u+d ~ach and ew~y ivch policy ~hall k» pr«nptly ~u:9ned u+d d~tivered w
~ny h~ld by uid MORiGJ?GEE as furthN Narrity to iak! morty+~ debt. ~nd, no1 hss than ten (10) d~ya ln ~dvurc~ of ~M txpir~tia+ of ~sch pol'~cy. ro d~
Ilwr ~o wid MORiGJ1GEE • n~wd tMrwf, Iope~h~r witl? a nc~ipt fw tM pnmivm ot wch reeewat; u~d tMn dwll b~ no fu~ w windsram irow~nn
p1~pd on aMr of ~W bvtldinp~, any inta~s~ tMnin w pwt tMhoi, unless te tM form'and with ~h~ loss pay~We u afa~said: a~+d in tM ~wnl any wm
of moMy beewnN payabh w~d~r wd~ poticy a polici~s said MORTGI?GEE sl+all h~w tM option ro r~osiw and ~pply tl+~ ~ on uoow+~ 01 tM tnd~bted~
aas s~cw~d Mnby dr b p~imit uid MOgTGAGORS ro.eaiw u~d ua it a~ny pu~ thereof fw orhe. pwposea, w~~hov~ thc~eb~ wa~~in~ w~mpain
inp ~nY puity. li~n w riphl u~ w bp virtw of this mortpap~t +nd in tM ~vee~t sud MORTGAGORS shall fa sny nawn fail to ke~p the said prsmius so
irowed a f~tl to d~liw~ p~amptly any of said polici~s of inwnrw ro s~id MORTGAGEE, or i~il promptly to p~r fulty ~ny pnmium tl?Kefw w h any
n~p~c1 f~il b pMfarn4 dischar~t. ex~cut~, ~ffM. compl~te. compll? with ~nd ~bid~ by tF?is cov~nant, a any part herwf. ~aid MORTGAGEE may plan •nd
p~Y for wch tiqwano~ or any part tl~sof wiMo~t w~lvinp or aff~cti~p any optW~, Il~n, p~?ity. or ripht und~r a by virtw of this Mwt~ap~. and tM
full amount of saeh ~nd ewry wd~ paymMt shall b~ ime~di~tdy dw aad p~y~bb ~rd sMll be~r intK~st f~om th~ d~t~ thK~of until p~id N tM rat~ ol
nirr p~r pntven pK anewNn u+d topttha witA sutA interest shall b~ ftcured by tM li~n of this mo~ttp~pe.
To pKmiq aomn3t w wff~r no wa», MnWirment ar detKior~tan of ~aid propKtp or any put tAerwf.
S. To p~y ~II ~rd slnpvlar th~.ooat~ chu~s ~nd ~xp~rw~, indvdinp ~ reawn~bb anorn~y's fe~ snd costs of sbstracts of titl~, incvrred w paid at
•ny tim~ br taid 1NORTGA6EE, b~uus~ or in th~ ~wnt of th~ failw~ on th~ put of tM uid MORTGAGOR w duly, Pro~ty .nd h,~y ~».to.m, d~ad,a.y.;
~xavr~. ~ff~a, ooenpltt~ tompM with and abids by ~xh and every the stipul~tiona, ~yreemeets, conditioro, arwJ ooven~n:s of wid pomi:sory nott and thit
mo?q+p~ +nY a ~itFw+. ~nd Nid cost~„ chuq~s ~nd expemes, esch and ~wry, sh~ll b~ i~rrn~di~tely dw u+d psyabl~: whether or not rher~ be norice dr
m~nd, ~tt~mpt to aolbct a wit p~n~egr snd tM h~ll xeourN of ~acl? u~d evNy wch parm~nt sh+tl b~a. irttenst from tM Mt~ th~reof until p~id ~t the
rate of nin~ p~? centum pu amwm: ~nd all said obsn, charpes and expen~es inn+rred w p~id, toyetlwr with wch intuu~, shall b~ s~cwed by tM Iwn of tF?a
^arlp~p~. .
0. 1'1wt in the wa+t of any brsad~ of th4 Mortyay~ w dafwlt on tlr p+rt of th~ MORTGAGOR, w(b) in th. ewnt any oi said swns of n~on~y
Mnln nf~r~~d to b~ nw prompt~y snd fuly paid within thirty (30) days neat ~fta~ tM sarn~ severally become dw ~nd p~yablt. without d~m~nd or notice,
or (t~ M tM twrlt tach and ~very tl+e stipulatio~a„ aprean~nts, conditions and Qown~nn of sa~d pan'~story note and tFrs morfpap~ any a ~ithu are ew1
~+h. a~M ~ f~~N ~.t«*~+.d. d~n+.y~d. ~xecuted, ~ffected. compl~ted, oomplied with u~d abided by. then in eith~r or any such ewnf tM said p~
Dr~yN sum m~ntiorMd tn said promuwry noro then ran~i^irg vnP+id. with inte~est ~arucd, and all monsys secv~ed hereby. sFull becom~ dw and WY-
~ forthwith, w tlwrt~ft~. at tht option of said MORTGAGEE, as fidy a„d co~kteN ~s if ~II of 1he said sums of morNy were aginally stipufated
to b~ paid on such day. +^Ythirg in said pran~ssory roM or in ~his Mo.rgap. ro rM conr~•ry naw~~M~u~d~ny; ~nd ~herwpon w ther~after at tM optan of
~aid 1NORTCaNGEE, without notia w d~mand, wit at lawr or in puity, therefon or thersa(~er be9vn, m~y be prosscvted ~s if ~II ~nontys s~curd lkreby
Md nNlund priCR ro its instilvtion. ~ ,
ih~t in th~ ~wnt that ~t the begieming of or at any time pendieg aoy wit upon this Morty~ge, w to foreclou N, or to ?efwm H, p 10 Mfqp
payment of any daim~ haa+nder. saj~d MORTGAGEE sh+l1 ~pply ro tFK Coutt havi~g jurisd~ctan ~heraof fo? the sppantment of a Receiver. such Couit shsll
forNiwitl~ sppoint a~eoetw~ of ~aid mort~yed property ~II uw! siegulat. facludmg all and si~gular the incomt p.ofits, bwes and rtwrwes from whateve~
sourot dsriv~d, ead~ ~nd svery of whrch, N beirg expressly underitood, is hereby ma~gaged ss if spec~fic+fly ~et fwth and described in the yrantinp snd
1?~bN~dym d+vsu h~reof. ~nd such Reaiver ihall have ~II tM bro~d ~nd effectire furxt~ons and powers in snywise entrwted by ~ Cqrrt to a Reuiver. ~nd
such ~ppointm~nt ~II be msde by wch Court ss an sdmitted equity and s m~tter of sbsolwe right ro said MORTGAGEE, ud withovt referance to tl+e
adeq~~cy a in~daq~~cy of tl+s v~l~re of the prbperry mo?tgsyed or to ti+e sonrcncy w insolvency of said MORTGAGOR or fhe defenda~n, and that ~uch
rents, p?ofits, incom~, iswes and rwenues sMll b~ applied by such Receiver accordiny to the lien or equity oF said MORTGAGEE and tM practice of such
Gowt.
a. To duy. Pro~ry a~d fi,~y pe.to~, d'~scharps, ~execute, effect, oorrpkte, comply with ~nd abide by each ud every the stipulatio~n„ ~prcemenn,
ca~dtioro and oove~ts in s~id promiawry note and tFw mwt~~pe set fath.
9. Th~t In th~ event the owne~ship of ths mortgsped premaes, w aMr pah thereof, becomes vested in a perwn other th~n the MORTGAGOR, th~
MORTGAGEE, Hs s~xcesfo~s ~nd assip% m~y, withov~ notice to the MORTGAOR, deal with such wccessor or waessor in imerrat with refererKe to thia
mo.ty~ and the deb~ hereby secur~d in the sam~ manner as with Mortyago. w~thout in any way vitlatinp or d~schargi~g ths NSort~agors' li~bility Mrr
undet or upon tM dsbt her~by secvred. No ssle of the premises hereby mortyaQed and no fabear~~ce on th~ part of tM 11I10RTGAGEE w its successors
w auigm and no exteeuan of the Y~me fw the paYmem of the debt hereby secured 9~ven by th~ NIORTGAGEE w its wcusiors or assipro, sMll operats
~o nl~aw, d'adurp~, modify ch~nge a affect the aig~nal liability of tl+e /NORTGAGOR l+erein, ~ithar in whole or in put.
10. It is spedficsl{y sgreed that time is of the ea~ence of this contract ~nd thst no waiw~ of any oblig~tan hereunde? a of tl+~ . oblip~tion ~r
cu?ed Mreby shall st sny time thereafia be held to be a waiver of the terms hereof a of tfie irntrument seaxed hsrby.
I1. In addition to the fpego:ng monthly paYments of princ:p~l and interest required by the promia~wy npte setured hereby, mortgagw tovenanfs
end ayre~s to~pay to mortys~s~ with esch monthly p~yment ~n addirional sum est~mated by mortgayee to b~ eqwl to 1/12 of the annua~ cost of the follow-
ing:
A-All real property ta:es kvied or assesxd ayainst the above described resl estate.
6-P~emiums on fire and windstorm inwrance as herein req~'aed to be prried on the improvemenb sifvafe on the abwe dewibed prcm~ses.
C-Premi~xrK on s4th matgage ywranty insursnce as mortgagce sha0 from im~e to time deem fit to prry on the loan secured hereby.
' Mwtgsgte shsl~ fran tim2 ro time nwify mortgagor in writing of the srnarM due snd pay+bk hereunder and such wm shall ti+ereupon be dve and
j payabl~ on th~ due dste of the ne:t monthly payment and each successive month theresfter urtil mortgagee shall ratify mortgagw of s change in such
` amount. Such sums shall be ~pplicd by matgsyee toward the payment of re~l property t~xes, i~wrance prem:wns, and rtwrtgage guaranty insurance
~ premiums.
~ IN WITNE55 YYHEREOF, the s+id MORtGAGOR Ms hereunlp set Ids hand and sesl the day ~nd yex fint afaasaid.
Sipm~ Ssd and wred in t• res~nc~ of:
~ ~ n
r ou . ac . ~
a g a ~
~ rc..q
r~G'w.~rl •
STATE OF ~9R1~?
~/l N /Y ~ ~ SS' . .
CouMY OF 1
e.r~.. P,,,a,.n,, Qordon R. Black ,~d
Patriaia E. Blaak ` L ~ =
rhe ir~vidwls d~wibd in and who ex~cuted the for instrumem. ~nd adcnaw ~~""fe, to en~ well.Jtne~?'yi.Jutq~vn p me to b~
eyoi^D ledped before me that they ~x~ld ~ sam~ for~.t~k P~P~
B18C~C ` ~1
the,e„ .~p..,..d, ,1nd H,...~ Patriaig E. x,'`~: v-! ~"S~~ ,
w;r. ~r ,h. ..~a aordon R Bl ak ~ ' ' ~,~„tr~,,sa-~;b,.~
ex~Yan by ms taken sep~r~t~ and apart from her said huiba~d, stknowledg~d ro and befa~ m~ that shs exeatd ~i ir~t~msr?f'freelY ~_lr~wr
t~rily and witbout ~epr canpulsion, constraint, apprehernion, a it~ of w from t~er s~id husbind. - ~ f~, ~ .
WITNESS my Mnd and offkial seal this Z~ 7~ d~y of u /1~.0.; f92b~
•',r• _ .ti-
~
~ Notsry PuWic in ~nd for the Ststt % i~tp!
Return Toc AI1Y Commissiw~ expires: 2 f
~s+ ~sd«a~ sw~s ~ tw~ ws~ocNrw~ FIL~b A~70 RECORDED ' ~
°f f°" P'°`u. 5T. LUCIE COUNTY. FLA.
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_ P'°?~°, F~°"~' FECOFG ~!rR1FIE0
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CLEFZK RCUIT COURT R 90~
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