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S. To plac~ u~d contimw~nly ke~p on ~!v b~iidinps now w Mr~aftK uwa1~ on ~aid I~nd ~nd on ~II puipm~et ~nd pKSan+IFy oovK~d by tht~ enwtp~ ~
p~, with ~tt pa+niwna tA~reon p~id in F~il, tir~ iruvranc~ Fn 1M uswl st~r~dud policy tam, b a wn+ approwd by tM N10RiGAGEE. ~nd windttwm
tnsv~~np M th~ uswl ~randard pol/cy form, in • wm ~pprov~d by tM MORTWIGEE, in wch comp~nr a compa~iM as the M(MTG/IGEE m~y
d~r~dj a~d ~II tin and wind~wrm ir~surai+u policies on u?y of uid buildi~gt, any inh~at thertin a put tMreof, !n th~ ~repau wm ata~said o~
In ~:tys IMr~of, sAal) cont~in tF?~ utua) stu~dard matya~e~ ciws~ a svch other daus~ +i tM Mwtqpes may rp~a~. emkinp IM loss u~de+ sa~d pd}
c~a. ~+d~ ~nd ~wry. paY+bl~ w said MORTGAGEE u in If11NM1 fllay ~~la/. and Nch ~nd ~very s~ch poticy ihstl b~ prompriy ais'yned ~nd dsllwred ro
~~y MW by Nid INpRTGAGEE u funhtr wcu~ity to ~aid monQsp~ d~bt, ~nd, nw les~ ~Me tM (10) days ia .~vanu of tM eap'a~tion of each policy, to d?
I~v~? ro ~.id MORTGA~EE ~ nnewal tMrwf, wp~ti+K wi~h • nu~pt for th~ pr~mium of wch ~~xw~~s ~ ~Mr~ sMll b~ no fu~ w wind~~am inaw~nc~
pl~ced on s~r of ~aid buiWin~, any ioterest tMr~io or part thereof, u~~eu ie tM fwr~+ ~nd with tl+e loss payabb aa •fw~said: and ie tM ~v~nt any wm '
of moe+~y acon~q p~y~b1~ w,d~ u,ch poiiey a poticies said MORTGAGEE ~hall haw ~h~ op~ion to receivs a~d ~pply tM sam~ on accounf of th~ ind~b~ad~
neu wcvr~d hK~by-or b p~rmi~ said MORTGAGORS ro?eceive and us~ H a~ny part thereof fw o~her pu.poses, wirhout rhe.eb~ waivh,g o. unpai.-
in9 ~nY p~ity. li~n a rIQh1 ve~dM a by virtv~ of tha mortpape; w+d in 1M ~veM,s~id 1MORiGAGORS sl+~ll fa u~y reaaon f~il to keep the said pnmiies w !
iru~red. or fail !o deliwr pranpHY s~ry of said policia~ of inwranu to said MORtG11GEE, o~ fail promptly to pay fully any premium therefo~ a In any
resp~ct f~il b pafare~, dischu~e. ~xscvt~, ~fffet. eomptfro. aomply wirh and abidi•br this oownant, or ar?y pat Mrwf, s~id MORTGAGEE m+y pl~c~ and '
i
p~r fa wd+ 1n~w~+~a or ~ny pw thKwf wi~hou~ waivinp or aff~ctirg ~ny optan, li~n, equity, or riyh~ und~? a by virtw of tN~ Mort9~. and the ,
full ~mwrp of ~ad~ ~nd lWfy WtJ1 ~liyltll111 fF1iI) ~ II~Y1NdN10Iy d1N ~fld piyiWf Nld ~IfiN ~N ~t1fKNt FfOfll ~M ~}I thereof until pa~d a~ tiw raq ol ;
n~ne pe. aotum pa .nnwn and ~o~rhsr wi~h wc6 interesr ahall be securcd by rM IiM of this mapa~e. ,
4. To p~nnit, aoau~dt or wffa no watte, tmp~ums~N w deteriw~tan of said prop~rtr a any put thereof,
5. To p~y all ~nd sh+p~~w tM tosb, ch~rp~s and expenses. includinp ~ ~~aswubl~ ~ttorney's fee and cosn of ~bstracts of title, lncurced w paid ~t •
any time by s~id MpRTGAGfE. bsavss a in the ~vent of tha failu~e on the p+N of th~ uid MORTGAGOR to dvly, promptly and fvlly perform, d~scha~,
e~ecuts, ~ffect, car~pbt~ eompty with and abide by sach ~nd every the ttipulations, ~preements, conditions, and oown+nts of said promiuory note and thii
mort9ps N~y pt ~ithM, and s~id eosq„ cMrges and eapsnses. esch +nd ~very, shall be in+~+adistely due ~nd payabl~t whe~her a not than b~ r~otip d~
msnd. attempt fo colktf or ~vit perw)irgt and tM full amount of a+tA ind every wth payment shall bear intet~st f~om the d~ts thereof until paid af 1M
rare of nln~ per ce~iwn p~y ~nn~m; and +II said costs, charges ~nd expenses ina?rred or p~id, together with s~ch (Mer~st, shill b~ secured by tF» IiM of tha
rnortyap~. .
6. TMt (a) tn th~ eveat of sny breach of this Mortyap~ w default on ths p~rt of ths MORTGAGOR, or (b) in tM ~venf aoy of atd svms of moMq
heroin ~~f~?tsd to be not promptly ~nd fully paid within thirty (30) days nexl afte? the same uverally betome dw and pay~bk, withoul dtmand o~ notit~,
or (c) ln tM ~va?t e~ch and every ~M stipulations ~groementi, condihons snd coven~nta of ~eid promiuory note and this matype any a sither ar~ ~wl
iuly, pro~,ry .~d foiy P..?o.,,,sd, d~uMrped, executed, efiected, compl~ted, complied wifh and abided by. tMn te ~itMr a sny such ewnt tM said a~ .
pre9ate wm m~ntiomd in said promissory nofe then remainirg unpaid, with iroeresf acuued. ar?d atl moneys sacured.l~ereby. sMd betome dw ~nd pay~
able fwthwiNy or ~here~fter, ~t rhe optian of u±d MORTGAGEE, u fully and tompktely ss if all of the sald sunr of money were aipir?~Ily stipul~ted
to be paid on wch daY. saythinp in sa~d promissory note or in this 1Nortgsge to ths contrary notwithst~ndinp; and therwpon w thereafia a~ tM opYron of
~sid MORTGAGEE, without noric~ or demand, svit at I~w a in equity, thereForo or thtreafter be9un, may b~ prosscut~d ~s if all ma~eys s~cured Mr~by
i,ed matund prior to its iratitution.
7. TMt in th~ event that ~t the bsginnug of a at sny time pend;rp ~ny w~t upon this Mortya9e, w to fwsclose it, w ro roform It, ur to enforq
payment of ~ny d~ims Mere~ndsr, ~aid IMpRTGAGEE ~hall apply to the Gourt having jurisdiction lherwf fw ths ~ppointmeot of a Reteive~, wd~ Co~n sFull
forthwith appoinf a?eoeiVa of sa~ mortyaged property all and sing~lar, includ~r.g alt and singular the incoms, profiti, issues ~nd rewnues from whatavN
wurce derived, each and wery o wh~th, it beinq txpreuly untkrstood, is F+ereby mortgagcd ~s if spec~t~cally set fwth and dquibed in tlk yraroinp ~nd
habend~xn ctaeqes hereof, and wch Receiv~r shaN have all fhe brosd and effMive funcnons and powen i~ ~nywisa ent~vsted by a Court t9 a Receiwr. and
~uch appointm~n! shall be mad~ by wth Cou?t as an ~dmitted equity and a rrwtte~ of absolute right to s~id NIORTGA('iEE. and without refertnce to tM
edequacy a irwdpuacy of the vatue of the property mon9aged or to the wtvency w insotvency of said MORTGAGOR d the defendants, and that svth
renrs, profin, income iuues and revenues shall be ~ppl;ed by such Receiva accwdiny to ths ('~en or puity of s~id MORTGAGEE u~d the practics of such
Court.
8. To duly. promptly snd fully pt?form, discharye, execute, effect, complete. canplY with ~nd sbide by each uid every the stipvlations, agresmenq.
condltions and corenants ;n said prom~sswy rqts and this mutyage set fonh. ' ~
9. ihat in t1~ weM the ownership of the mong+ped premises, or any p~rt tircreof, becoma vKt~d in • penon oth~r Ma~ th~ MORTGAGOR, ths 1
MORTGAGEE, hs successon and aasigns, may, without nou~e, to the MORTGAOR, deal with such sirccasor a suaessor in interqt with r~fer~nce ro this
monQay~ ar~d th~ debt i~ereby secured in the sams msnner n with Mortgsgor withovt in ~ny way vitiatinp or disthar9irg the Mort~~s• li~bility her~-
under or upon the debt hereby secvred. No ~sls of ~hs prem~ses hereby mongsged snd no fwb~arano~ o~? tM pah of th~ MORTGAGEE w in sva~sson
w ass~qra ~nd no exte+,sion of the time for ~he p~yment of the debt hereby sac~red yiwn by the AAORIGAGEf w its s~castors a suigns, rhsll opuat~
ro releau, d'ud~ar9e, modify cAar,pe or affect the wiglnal IiabJity of the MORTGAGOR her~in, tithcr in whole o~ in part.
10. It h specifiully agreed that Yune is of tM esxnce of this contract ~nd tMt no w~iver of any obiigatio~ herwndet w of flw oblipation tr
cured htreby shall at any time thereafter be held to be a waiver of tF~e terms Mrwi or o} the instrurtient ~ecured htrby.
11. In addition ro the forego:ng monthlY paYments of princ:pal and interest .eqv~~ed by the prom;sory note secured hereby, mert9agor cownants
and •grees to pay to mongs9ee with each monthly payment an sdd~rional ium estimated by mwtg~gee to eqwl to 1/12 of the ann~al cost of the follow-
ina:
A-All real property taxes kvied a assessed against tF~e above desuibed real es~atr.
B-Premiwna on fi~e and windstorm insursncf as herein requ~red to be car~ied on the improvcmenri situste oe the ~bovs desuibed premises.
C-Premiums on such mwtgage guaranty insurance as mor~gsgee ahall from t~me to time deem fit to csery on the {oa~ sectired hcreby.
Morfyspee shall from time to time notify mortgagor in writing of the amount due and psy~bk hereunder and such wm shall thereupoo be due and
payabte on the due dare of the next mo~thly payment and each successive month tFiereafter ur.til mortgagee shall notify mortgsgw of • change in such
amount, Such sums thall be ~pptied by mortgsgee toward the payment of resl property taxes, insurance prcm:ums, and mortgaye yuaranty inwrance •
premiumt. .
IN WITNESS WliEREOF, tlro sa~d MORTGAGpR hss hereunto set his hand and seal the day and year fi~~t afaeseid.
Sipn~d, S~aled u~d del'rvered in tht presence of:
. dG.~ _ ~n
cs..n
~n
.
_
„ ATE OF RORIDA ~
couNn oF St. Lucie
Befor~ tm penonally appsared V e rne A. Ewe rs ~
Eather L. ~IBT'8 his wiie, to me well krawn and known w me to M
rhe individwls described tn and who executed the forepoiny instrument, and ~clcnowledped before me tMt they executed the same for tF~e purposes
fh«~~~ .xa.,,.d. ~a Ee the r L. EW era
wife of tM wid Verne A. ~''ii82'8 upon ~~ep~rate sod privat~ ~
exam~n~t+w~ by me taken separate ~nd apart from her wid husbsnd, atkr?owledged to and before me that she executed said instrument freely and volu~rr ~
re.~ly and witF~o~A ury compultion, cons?raint, apprehens;un or f sr of or from f~er said husband. }
WITNESS my f?~nd and official seal thi day of AU U8t q, D. 19 66
Notsry Public in and for the State of Flwida at L+r~e (
• . •.s.;e<<et~~~~ My C.ornniasion ~xpira:
Return Ta. . -
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f~~. uJ t _f J
Flf!} Fldffi~ .SiVlff~f a ~Oif1 AtfOCIa~~Ofl ~ ~1 ~p{~ i~ Y~ ~ ~ .
Of fwt Pierce. : ~
; ' : - ' - C~wissie~ EyKa Sept, 23 i969
~ PK~ce.~~~ AND RECOROED ~'<L : c~ M~~ ~r ~r~w fw ~ G~+~Yr Coi
~ Q t ~ G~
ST.RECOftO VERtFIEOLa~ = 4- ~ . -
* - ~ ; /ti'
14'7450 os . . .
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5 P?~ 3 ~ ~ - .
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o ~ = ~ ;
-~„n ~ BoaK 152 1 133
CLERK CIRCUIT COUR7 0 R
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