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To ptaa a~d comLwowly kNp a? tM buildiegs now or Mr~+hK ~ituaN on said land u~d on NI equipme~t and pKwnally caw~d by thh nwrq~
p~, w1tA dl pnmiue~ tMna? p~id in fu14 f~ inswana in tFy ~w+l ttaedard policy fon++, ~n a swn appowd by tM MORiv/?GEE, and wind~~a~n
im~wana in th~ vswl srandard poGcy fain, in • sum approwd by ~M MORTQAGEE; in wch canp~nr a comp+nia u t!» MORTGAGEE may
di.~a~ and all fin u+d w~nd?w.m in~wano~ polic»s on ~ny of s~id buiid~eps. a~l? inhns~ rM.~in a pwt U~wl, in tlw pyrpat~ wn? +fa~sak} a
in acaa ~Mnof, sAall conah ~M vwal i~andad mor~yapM clauu a aud? otlw~ dws~ a tM Mort9+pN m+Y rWu'v~. e^+kinp ~M loss ~ndK said po14 ,
ci~s, ~+d~ and ~wry, p~Y+~ b s+W MORTGAGEE ~s in iotKest may ~ppNr. ~nd ~scA and ~wry such polic~r aMll b~ prompriy us.yn+d ~+d d~livend w i
•ny MW by s~id MORiGAGEE a fwthK sawity to said morwsq~ d~bt. and ~al bst than hn (1p~ dayi ln ~dv+na of fM ~xplr~tion of ~acA policy. 1o dr
IivN 1o qid AAORTGAGEE a ~~w~l tMrwf. IopNFwr with a ne~ipt fw tM ~x~mfum of axl? ~~e?ewali and th~n sh+ll b~ no fut w wlndatam inwru~u
plaad on ~ny of s~id buildieps. aey iatK~sl tMr~in a p~rt thK~of, unkss io th~ fum'~nd wi~h tM bss pay+bh ~s afwesaid; and in the ~r~nt any iun~
of nwn~y b~ew?~ pay~bl~ wdu weh pdiey or poliein said AWRTGAGEE ~hall haw ?M op~ion w r~w and applr tM ae?w a? ~eeoun~ 01 tM ind~btad~ ,
n.ss wcw.d h.nby a a pan?~~ ~ad MORiW1GOR5 ro r.uiv and us. i? or •ny pa~t th~reof tor o~her purposes, wi~hout thaeb~ waiving a~mpair. i
irq ~nr p~ity, liw~ w riph~ wKla or by v4tw of ~his morspap~j ~nd in tlw ~wnt w+d MORTGJ?GORS sh~q fa any r~asa? fall to ks~p tM s+id pnmiie~ w ti
inaur~d, or (ai! !o doliwr promptly any of said polici~s of inswa+n ro s+id MORTGAGEE, a iail promptly to p~y fully any p~~mium tha~ior w in any
nspM fafl ~o pNfoteq, distMr~, ~:~out~, ~ff~cL complsq. comply with and ~bide by this tova+ant, w ~ny part hkwf, said ARORTGAGEE may plxe ~nd
PaY ~ wd~ irowana~ or «ry p+~f Nweof withow walvinp or ~ffMi^0 +^Y oPtion. lia~. pu~h. a ripht urdK or by vinw of this Mo.~9~pe, ~nd tAe
fuU Nnoum of tach and wary wth payrnNN ~I»II be immdi~t~ly dw a~d piy+bb and sMll bsu M?tst~~t from tM dat~ ti?t~wf until paid a~ tln ut~ of
niM PN CMfWq PM ~fMWT ifKl tOgNhlf witll WC~1 ~nfNOft fIMH Df fltYff<I by fllf IiN1 Of Nli! PIOflQi~.
1. To Pwmi~. camntf a wff~ no wasra ta+paumM~ a d~hriantan of sstd propKty a~ny p~H therwf. ~
S. To pay all ud seepula? tl~.~ost~„ ch~rpa and ~spM+ses, includinp a naionabl~ a»orn~y's f~e and coits of ~bstwcts of titl~, incwred w paid st
~ny tien~ by wid MWtTGAGEE. b~uu~ a in th~ ~wn1 of tM i~itvn on th~ part of th~ s~id MORTGAGOR w duly, prompty ~,d fulty p~.fonn, d~:ef~uq~
sxecvt~, ~ffacf, compkt~ oomply with ud ~bid~ bp ~ach and ~vsry th~ ~tipulatiau„ prsansnts, conditiau, and cowr?~nts of uid promiuwy not~ and thu
^+~9+~ ~Y or ~irl~. and ~a;d aosn. cMrq~s and ~xp~r~es, ~acl+ and ~very. sh~ll be M~rnedi~tely dw u+d piy~We: wMthe~ a eot tMn b~ eo~ici d?
mu~d, atNmp~ to oollect or wit pend'ugs +nd Nn fv~l anwunt of ~ach and wery wch paymN+t ~ll bea. intere~t iran tM d~t~ tMnof unril paid th~
rate of nine p~r tentwn per aro~wn,~ and all s~id ob~ts, ch~yq and ~xpxts~s intwrtd w paid, top~tMr with wch intenst, sh+ll b~ secured by tM IiM of thi~
mortp+D~. i
A. iYwt W in th~ ~wnt of ~r bnach of thi~ Mwtyap~ or d~fauh on t!r put of th~ MORiGAGOR, or (b) in rh~ ~vent say of s~~d w~rn of mon~y !
herein nfend ro D~ not pranp~iy and fully paid wi~hin thirtp (~p) days nex~ ~fra ~he same sevarally b~cpr~ dw +r?d payabl~. wi~Aout demand or notice. ~
w(~ in tl+~ ~wM sad+ and w~y tM stipv4tions ~e~n~e?n, oondirions ~nd coven~+n of N~d promisso~y eate and ~Iws mat~ My a N~INf are no1 ,
iulY, promptly ~nd f~lly p~rFornwd, d~schsrped. ~xecv~sd -~ffected campl~ted, complisd with and ~bided by, then In eitMr w ~ny such.ewM tM said ap~
praaat~ wm mNNiotnd in pid promit~ory not~ then rem~ininp ue?p~id, with interest ~cuwd, ud all mw~eyt setwed hereby. sMll b~c~orn~ dw ~t~d pap ~
.bl• fwthwith, w tMr~aha, at tM oprion of sa;d MORTGAGEE, u f~lly uid compte~ely as if all 01 rhe ssid swns of ma,ey wers oripin~Ny ~tipulated ~
to b~ p~id on wd~ daY. anythinp in said promiuwy ~ote or in this Mwt~age ro tM contrary notwithstu~dinp; and rher~~pon or the?~~fta ~t tM op~ion of ~
said MC)RTG/?GEE, without nwic~ w d~m~nd, wir at law o~ in squity, tl~efore or tl~eafter begun, m~y be prosecuted a if ~II ationeys s~cvrd Mrtby ~
had m~hxed prior to ib imtitution.
7. That in th~ ~vsnt tAat at the beplnniny of or at any time pend'Ng aoy wit upon this Mort~y~, a to forecbss It, o? to ~efo~m It, w to enfwa
payment of u+y daims herevnder. ~aid MORTGAGEE shsll apply ro the Couh haviny ju.~sdic~an thereof fa tF?e appantmer?t of a Receive~. such Cwn shaU
fortFiwith appoi~t a?eceiwr of aid mutyped property al) and sinyulu, includ~r,g all and sirgul~r tht iruomt, profin, iiiues and revenues from what~ver .
souru d~rived, exh and every of which it btinp expressly u~derstood, is hercby mortgaged at if spetificslly ~et fwth ~nd de~c~ibed in t!k ~rantirg and `
hab~e?dwn da~us hereof, u~d s~ch Receiver sh~ll h~ve ~II th~ bosd and effedive funct~om ~nd powers in anywist enlrusted by a Cou?t ro ~ Receiver, a~d '
such appointment sha11 ba rn~d~ by wch Court as s~ admitted equity and a rniner of absolute right w s+id MORTGAGEE, and without nferenu ro th~ f
sdeqvscy w M»deqwcy of rl,~ v~lw of the prbpe~ty mongayed w to ~he sonrency w~nsolvency of said MpRtGAGOR or tl+~ defendann. and that svch
re~n, profi», incan~, isi~es and rw~nws shatl be appli~d by such Receiva sccordinp to th~ tian or eq~ity of aid MORTGAGEE u~d the practiu of wch ~
Court. .
e. To duly. pranptly ud fuly perform, dachary~, execute, effect, compkte. oomply with ~nd abide by eacl~ ~nd ewry th~ stipulations, ag~eements, 3
conditiom ~nd coven+nts ~n said promissory note and this mortyage set forth. ~
9. TMt in th~ event tAe ownsrship of the mo~tgaped pemises, or ~ny pan thereof, becanes vested in a penon otha t!»n the MORTGAGOR, th~ -
MORTGAGEE. hs s~xceswn ~nd augns, msy, witl~ow not;ce to the NWRTGAOR, dcal with such suttessw w wcceua in iMerest with reference ro this
mor~9ape and the debt F~eby sacwed in the isrne m~nner as with Mwtgsgor wirhout in any way vitiathg a~7scFyiping the Mortqsgors' li~biliry hert
undn a upon the debt hereby secvred. No s~Ie of ths ~xemises hereby mor~yaped ~nd no fabearance on ~M p~h of tM MORTGAGEE a iq svaesson .
o? aaigns and no txtsnsion of the time for the p~yment of the debt hereby secu.ed yiven by ths MORTGAGEE w its wc~ssors or assyns„ fhall ope~at~
ro ~alew, d'odeary~, modify chanp~ or affed tl~ oripinal Iiab~Gty of ~he MORTGAGOR herein, tither in whob w in put. ~
10 It b specific~lly aQread that t~me is of the euence of this contract and th~t no waiver of any obl'~tion hereunder or of tF» obliy~Yan ~e- ~
a.red Mr~by ~MII ~t a+y time thersahu be held to b~ a waiver of the terms I~eof or of th~ &istruenent sec~rd herby. ~
11. In sddition ro the faego:ng monthly piYments of princ:p~l ~ed inte~e~f requircd by'the promissory note tecured hereby, mwtgsgor covensnts
and aprees to pay ro mortqsQee wifh e~ch monthty paymer?t an addi~ional sum est~maled by mortgagee to be eqval to 1/12 of the annual cost of the follow-
~ng: ~
A-All resl property taxes kv;ed or assessed against the above dew~bed resl estate.
d-Premivms on fire and win~tpm u~wrance ss herein requ~red to be uaried on the improvemenri s;twte on tF+e above desc.ibed pra.n'~ses. •
C-PremFwns on skd~ mort9~ye guusnry ins~xsnce as mort ~
gsgee ~sll from time to time deem fit to carry on the losn secured he?eby. ,
Mw?gagee shall from Yune to time notify mo.tgagor ;n writirg of the amount due and paysble hcreunder and such sum shall thrrevpon be due and
payable on the d~e date of the next monthly paymeM and exh sutcessive month thereafrer ur,til morfQaqea ahall notify mwtgagw .of • change in such
amow~t. S~xl~ swns shall be spplied by mortpa9ee toward the p~yment of resl property tsxes, insvwnce prem:ums. ~nd mort9a~e 9wranty inwrance
premivmt. t
IN WRNESS•WHEREOf. H+e ~id MORTGAGOR has he?eunto set his hand and seal the day and yeu ~nt aforesaid. `
~
Siprwd, Swled ard dellwred jn peseno~ of: ~
r l ~ d~~~ ~
Witness C. C. T llman . ;
„ u- C 1 V~~`v~i..~~~~'M! t5..q 3
Witnesa Anriie C. T~~_•~irip~••••
. .e _ R~q
~ '
SiA1E OF FLORIWI ' " -
counm oF St. Lucie ~ u' . , ~ - f . _
e.ra. P..,«~.uy .~.~.a ~ . ~ . T 1 l lman _ , , _ ' - , _ _
` ~ . , ~ . ~ .,~,d
Annig C' • i1~18T1 his wife, to me welt. kro~rn, snd kiwwp fo b b~ ,
ths ind'nidwb de~cribed ie~ and who ~xecuted the foreyoinp irutrume% and acknawledped before me tMt they ~xearfed ~!`s' ~arnq fav=tbt~ purposss
rherein ~cpras~d. Ib+d th~ si A11ri1e C. T 111ma21
w~r. ~ ,n...ia - . C. Tillman 1•. ~
. ~+~+.-~~t'rd n~tv++* ~
exsminition by me taka+ sep~r~» and ~ps~t from Mr uid FwsMr?d, and befo.e me that s!» e~cewted wid W~tririp~ fteely and volun-
farily aod without uqr compuliion, comtr~ . , a f ar of or f id - a
WITNESS my h+nd and official kal thi - > 7''~ day of - ,
19._s"
~
t
Notsry Publ' ~nd for fl+e Stats Norida at Larqe !
Retwn Ta AND REGOR~EO My - ~,~a; ;
~.a F.a~?~~ s.ri~. ~~w~, au«~~~
LUC1~ G~
E~RIFtEO A s~cruir-~ueitc. sr~rE pr ~t~61R/; if IARGE '
Of fort P;erce. ~~(;OP•~ I~ EXPIRES MAR. 3L 196! ,
-~~~~CrLA~. 'T7 ~oNDEY rti~eu au?fnnwo ~otia~Mp 4r.iwer
Fort Pierce. Flaida 1~~(~ .
• P~ ~ • 3C~
5 •
~,;~3 . .
. ,~.4~; F.~.~ ~ '
`i{1-'? Ct3lT COURT
• CLERi~. CIR
gooK 149 415
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