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To plao~ ~nd contMwovsly ks~p on tM buildinys now w M~~afta sitwt~ on ~aid bnd s~d on all equ{pm~M a~+d perwnally covK~d by thi~ mwq~
~y~, virith ~U ptNniunp thN~on p~id in full, fir~ insuranct in tht ~tu~l standard polity iorm. in a swn ~pprowd by tM MORiGAGEE, and w'u~tam
tnsuranp in th~ uswl su~dud policy fan4 tn a wm +pp.owd by ~M MORiGAGEE. In svch co~?p+nY w oomP+ni~ +s r1w MORiGAGEE n++y
dir~j ~nd ~tl fir~ and wkwbtorm imw~nu policies on ~~y of said bvild~nps, any tnt~.e~t tF?Hein a part tl?Keof, i~ rM +~yre~at~ w~n afaqiid o~
In ~xce~s ti~~of, sM11 contain th~ vswl itandsrd matyage~ clause or sucF~ o~hK clws~ as rM Maty~gee may rpuin. maYinp tM toa undN a~d pd4
ci~s. ~+ch uid ~wry. p+r+bl~ b s~id MORTGAGEE +s its interet~ may ~ppear, snd each and every tvch policy ~hsll b~ p~omptly ~u:pned ~nd d~livaed ro ?
.ny hNd by wtd MIORTGAGEE as funh.~ s.cwity ro s+id monpa~. debt. and, not 1~ ~Mn ta~ (10) d+YS 1e advanc~ of tM ~xpir~tion of each policy, ro dr
11ve? ro wid MORTGAGEE • r~w~l th~rwf. top~d+K with a rate~pl fw tM prtmiwn oi wch reMwalJ and tF~~ ~11 b~ no f~r~ a windito~m insw~nce
pl~ad on ~ey of taid buildirg:, sny intereit tMr~in o. p~rt thereof, unleu in tFw lorm and with the loss payable u sfor~said: and in ~he ev~nt ~^Y sum
af n,oMy b~can~a p~yabM v~d~r such policy a polKies s+~d MORTGAGEE shall haw ~M option to ~eceive and ~pply tM i+me on accow~t of tM ir~bted
n.u s.cw.d M..bp w a p~rmir said MORTGI?GORS ro reteive ~nd us~ it w ~ny pa?1 1lxreof fw othcr purpo:es, without Ihr~eb/ waiving a ~mpair-
irp ~ny puitr, IiM w ripht ued~? w by virtw of this mwtyaps; and in tM ~vant s~id MORTGAGORS shaU to~ ~ny reaaon fsil ro keep the said pr~mises so
insured, a bil b delivN promptly ~ny of said poticies o) insunnc~ ro s~id MORTGAGEE, w fail p+omptly to p~y fully ~ny pnmium therefp a fn +ny
nsp~tf f~ll b pNform, disch+rp~. ~x~a+t~. ~ff~ct. compl~te. comply wirh u~d ~bids by this cov~nant, o~ sny pa.t Mreof, isid MORTGAGEE m+y place +nd
paY fw wd~ Mrwar~u or any put tMreof without w~ivinp a affsainp u?y opYwn, Ii~n. ~qu~ry. or rqht u~der a by virtw of this Mort~ap~. +nd the
fu11 ~mwint of ~ach ~nd w~ry wch p~ym~nt s!?all b~ imnediately dw and payabl~ and sMll beu interesl fran tM d~t~ thcreof until paid at th~ rat~ ol
~~r» p~r qntum pM ~ewwm ~nd topether with ~uch interest shall be socvrcd by the lien of this mwtpape.
1. To p~rmit, aornmit or wffer no wut~, imp~irment or detaior~tion of said ptop~rfy or any p~rf thereof.
S. To pay all u~d sirgutar th~ cosb, ch~~t ud expenses, includinp a reasonabl~ attwney's fee and oosts of abstracri of title, h+curred a p~id at
ud
sny ~ims by s~id MORTGAGEE. becsuse w in the event of the fsiluro on the pa~t of ~M said MORTGAGOR w duty, p?omptly +nd fvllY Pe~fa^4 d~scha'9R
axecu». tffed. oompl~te, comply w~th and ab~de by ssch and every tF» stipularions, aQreemxnts, conditions, ~nd oov~nsnts oi ~aid promissory eote ~~d ~hii
nxxt9aQ~ any o~ ~itM?. and s+id oosts. dNr~ ~nd e:penses, e~ch and ~very. sh~ll b~ imrned'utely dve and paY~bl~: whe~FK~ o~ not tAere be r,otice dr
mand, ~tt~mpt to colkct or wN pendirg; and tM f~ll amouM of each a~d ewry wch p~yment shall bear intsresf from tM date tF+ereof until paid ~t the
rare of nine per centum per ~nnum; ~nd all said cmn, charges snd expe~ses incv~red or paid, togethK with such intenst, sh+ll be s~cvred by tM Ikn of thit
6. 1}Mt in ths awnt of a~y breach of this Mortysp~ or defaulr on tl,s pan of the MORTGAGOR, a(b) i~ th~ ~va?t any of ~a~d swna of mon~y
Mr~in r~f~rt~d to be not promptly and fuly paid wi~hin thirty (30) days nex~ aftcv the same seve.aily become due +nd payable. without demand a notic~.
or (c) In tM ~wm each and every the itipulations, ag~eements. conditia+s snd cove~+nts of sa~d promissory r?ote and th~s mortpsye any a eithe? are no1
iufy, promptly ~nd fully perfamad. d~scharged, executed, effected. compkted, complrcd with ~nd abided by, tben in either w any such went th~ s+id +g
areqate wn? mMYwned In ssid promissory note then remaining unpaid. with interest xuued. ~od atl mo~eys setured. hereby. sMll becoms dw and p+y~
abl• forthwitl~, or thereafter, at the optan of said MORTGAGEE, as ivlly and completely a~ if •II of ~he said svnr of money were aginally itiput+ted
to bs paid on wch day, anythinp in ss7d promissory note or in this Mortyage to the conrr~ry notwithsrsndinp; •nd there~pon w thereafter ~t the option of
s~id MORTGAGEE, without notice or dem~od, suit d law w i~ equity~ 1AlIQfO~Q Of fF1tfNI1H begun, may be prosecuted as if all morays sawr~d hareby
naa rrwtund prta to ia irotirutia+.
7. Th~t in tM ~vent tMt ~t tM beginning of or st any time pendiny any suit upon this Mortgs~e, w to forectose it, w to refam it, a to enforc~
payment o~ ~ny daims hae~nd~r, said MORTGAGEE shall apply to tht Covrt having jurisd~ction thereof fw ths ~ppointment of a Receiver, such Court ~aU
forthwith sppoint a r~ceiver of sa~ mortpaged ptoperty sll and singulu, irxlud~n9 all and singular the incom~, profits, iuues ~~d revMUes from whataver
wuic~ daiwd, t+ch ~nd ev~ry o which, it beinp ~xpreuly ~nderttood, is hercby mortgs9ed as if apec~fically set fwth and dewibed ln the yrsntin~ ~nd
habendum dx~s hereof, ~nd :uth Rec~iwr shall have all the broad and effective funct~ons aod powers in anywise entrusted by a Cou~t tp a Receivsr, and
~uch appointrtKnt shall b~ made by wch Covn ~s sn ~dmitted equity and a matter of ~bsolute right fo said MORTGAGEE, snd without rsfera+ce to tM
adequacp a kwd~q~acy of the v~lw of the property matgaged or to the wNency or i~wlvency of_ s+id MORTGAGOR a the defendants, uid that such
renn, profi», krcome, iswes ~nd revenues sMll be applied by such Receiver accordi~g to the li~n or equity of s+id AAORTGAGEE and the practiu of such
Court.
8. To duly, promptly and fully perform, diuharg~, e:ecvts, effect, cwrplete, comply with and ~bide by esch ~nd svsry tM stipulatio~s, agr~em~r?n,
conditiar and coveewnb in s~id promiasory note and t!?a mwtgsge set fwth. . .
9. That M ti~ went the ownenhtp of the mortg+yed premises, or any part thereof, becomes vested in s penon other than tl+e MORTGAGOR, th~
MORTGAGEE, its successors ~nd auig~, may, witho~t notice to the MORTGAOR, deat with such tucussor w tutus~o? in iMereN with refa~nce to this
mwt9aye u~d the debl hereby secured in the same manner as with Mortgagw without in any w~y vitiatir?p w discha~ying the Morfy~gors' liability hen-
under a upon fhe debt hereby setured. No sale of the premises hereby mortgaged ~nd no fwbearante on the pan of the MORTGAGEE w its suttesson
or aasiyea ud no extension of the time fw the paymem of the debt hereby secured yiven by the MORTGAGEE a its successon or assigns, sh+ll operat~
ro releaf~, ditdwry~, modiiy ch~n~e or affect the originat liability of the MORTGAGOR haein, either in whole w in put.
10. It is specificafly agreed tMt time is of the euenc~ af this contract u+d that no waive? of u+y obl'~yatan hereunder or of tM oblipation se-
cured hq~by ~hsll at ~ny time thc~eaher be held to be a waiver of the termt F~ereof w of the instrument secursd htrby.
11. In add~tion to the fo~ego:ng monthly paymems of princ'pal snd interest required by the prom~ssory note secured hereby, mortgsgo? townants
and agrees to pay to mortgsgee with each monthly payment an addi~ionsl sum es~~mated by mwtgag~~ to b~ eq~al to 1/12 of the annu~l tost of the fdlow-
ing:
A-All rsal property tsxes kvied a auessed against the above described real estate.
B-Premiums on fire and wi~stotm imurante as herein requ~red to be urried on the improvements situate on the ebove dewibed premises. ,
C-Premivms on suth mortgage gwranty insurance as mwtgagee shall from rime to time deem fif to csrry on the loan setured hereby.
~ Mwtysgee shall from time to time notify mortgsgor in writing of the amount due and payable hereunder and such wm :hall thereupon be due and ~
y pa•~able on the dve date of the next monthly payment and each suttessive momh thereafter ~ntil mwtgagee shall notify mortgagw of a changt in suth :
k amount, Suct? wms shall be appl:ed by mortgagee toward thc paya+ent of rsal prop~rty taxes, insurance prem.ums, and morfgage guaranfy insurance
4
' premiumi.
IT1 W1tN~5S 1fVHEREOF, flx sa~d N{ORTGAGOR hss hereu~to ut his hand and seal the day and year first afaesaid.
- .delivered ' tM esenc~ of: ±
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57ATE OF fIORIDA )
couritsr ~ St . - Lucie f ~
eefa. p,,,a„ur ,vp.,.~d Jame ~ H W a lke r .~,a
~VBl~vn ~ialker his wife, to me well known and known to me to bs
the irKlivldwtt desorib~d in and wfio executed the fore9oi instrwnem. ~nd acknowledged beforo me that they executed the aame fw the purposes
.~..Qa. ,~,a ..~a Eve lyn ~ e lke r
wife of.tbit ssid - .18I1'189 H Walker , vpon s sepant~ and privat~
examination by me tsken separate ~nd apart from her said husband, sdcrawledged to end befwe me that she e:ecvted said instrument freely ~nd volun-
tarity and wNt~o~N My canpvbion, constraint, apprcF~ensi , or feu of or from he~ said Iwsband. ;
wnN~ss ~,r w~a..~a .Nr a.,, ~ Au t ~ o. ~v 66 ;
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~ " - Not~ Public in ~nd for the State of florida at Larpe
~ . My C~anrnission ~xpins:
_ a~n?.~ Ta FILEO AND RECORDED ~ ~ ~
F~~.r ~.d~.i s~~~~s a~, w~«Nt~ ST. LUCIE COUNTY F~q, 23,196l- €
Of Fort P~erce. RE OP.D V~ ~ h' "~*M n" ~ t~ e~„ ~
~-P~~, F~~a -RIFIED
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