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S. To plap snd oontkwovsly ke~p oe tM build;nps ~w~w a M?~~ftN utu~t~ oa s~id land a+d on ali puipm~M Md pawnally aovK~d by N~is nartp~
p~, with ~11 pnmiuny thK~on p~id in fui6 fin iniw~nc~ in ~M uswt su~da.d poiicy forrty In • sven ~pp~owd by tl» MORTGAGEE. ~nd win~torm
insw~nu in th~ uswl tr~nda.d pol;cy fam, in • aum ~pprov~d by tM MORTGAGEE, in wch con+panr w aompani» a tFr N10RTG11GEE m+~y
diredJ and ~11 fir~ and wiewltlonn i~aw~na polKa~ on ~ny of said buiidinps, ~ny intKat tl?er~in o? pan tMr~of, in tM +pp~par~ swn afa~s+id a
1n ~xctiq tMreof, ~hall contaln th~ usval stand~?d mort~spN cl~vs~ p such othK dauw a th~ Mwt9apt~ n?~y rpu'u~. m~kinp tM Iwt wd~r said polE
ciss, tach ~nd ~v~y. paY~bl~ p w{d MORTGAGEE a its i~tereil may ~ppsar. ~nd ~sch ~nd ~wry iuch po~icy shall b~ prompt~y ass:qn~d and dNivKd b
•ny Mld by Nid µpRTG/IGEE q Turthu stcuriry to said mortyaQ~ tkbt, and, na lesi ~twn ten p0) days in advann of tM ~xpiwtion of ~ach policy. b dr
I~v~r to aid MOR?GAGEE • r~nrw~l tMrwf, ro~~F~u with • receipt fw the premium of wch renew~lJ and tMr~ sha~l b~ eo fin a wiod~torm inswanc~
pl+c~d on ~ny of s~id buildi~p~, ~ny iot~r~st tMr~io w psN the?aof, unteu in the fam and with t!u loss pay~bb ~s ~for~widr ~+~d in tbt ~wnt iny win
of mon~y b~opmn pay~pl~ w~d~ wd~ paky p pdK;y ~;d MpRTGAGEE shali h~w ~hs optan ~o reuiw and ~pply th~ ~ on accow+t of tM ind~bted~
ne» s~cw~d I~~by o~ ~o pKmit s~id MORTGAGORS ro ~~iw and v~ H w any put tAereof Iw othe? pwposet, without Ihereb~ w~ivinp a imp+ie~
infl anY p~;ty. IiM w ripht w by virtw of this mprtyapet and Fn the evtM said MORTGAGORS shall for ~ny teason fail to ke~p the ~aid pr~mises ~o
insured, or fal) b deliwr promptly any of uid policKS of inswenc~ ro said MpRTGAGEE, a f~il promptty to p~y fully any pr~mium thenfa a in any
r~spett fdl b p~tforn~, ditcharp~. ~c~cvt~, ~ffect. compl~t~. comply wirh a~d abid~ by this oownant. a~ny part Asaeof, uid MORTGAGEE m~y pl~os and
P+r fw wch irawanc~ a anr p~rt therwf witho~t w~ivinp w affectinp +^Y oP~an. ~i~n. ~q~~b. a ripht v~d~r or by virtw of this Mwt~aq~. and the
full amovM of ~ach aod ~v~ry wch parr~t sMll b~ im~nediately~dw ~nd p~yabls ud sMll b~u inter~st fran th~ dat~ thsroof ~ntil paid ~f tM wb ot
nin. pk t~nh,m p~r uvwm and toyatl~rr with wch k+rara~ ~hsll be sr~vrcd by tM I;N? of this morty~.
I. To pamit, ownmH w wff~r no wute knp+Irm~nt a dcteriowtion of wid prope?ry or ~ny paN tM?wf.
S. To pay all snd unpular th~ costs, durpn ~nd exp~mes, intludinp • reason~bls ~nomey's fee si+d cwn of abstr~cta of titb, intun~d or p~id at
+ny t~me by s~ld MORTGAGEE, b~tauk or in th~ ~wnt of ths failurs on tht pa~t of ~M said MORTGAGOR a dury, pro.~ty Md fvlly pKforrn, dFulw~
~7[KYtt~ ~lfset. oompl~t~ tomply wirh and abid~ by Nch and every tM sTipulat~w?s„ ag~eemenn, cooditiom, ~od ooweann of ~aid praniswry oob ~nd thb
mwiy~f ~nr w eiiiNe. «w iiiu wi:i. ::.::yv' C~~.=..~G:. 4A.11 1.. ieu~diataly due a~ DiV~O: Whft~lf Of 1101 1~1fff b! ROtib
mand, attempt to coll~et ar wN p~nJinpr and tM (ult anaunt of each and wery such paymem siwll bsar Infe~sf from tM da1~ thereof u~til p~id ~t 1M
rare of r?tr~ per eentum per ~nn~m; ~~?d ~U wid oan. char~es u~d expenses incw~~d or paid. topethe~ with wch intK~at, shall b~ s~ar~d by tM lien of thi~ ~
+^wtpp~, •
6. Th~t M Nr w~M of ~ny br~ach of tlw Mortysps w defavtt on the part of ths AIFOATGAGOR, a(b) tn tM ~ven! ~ny of said wna of nan~y
her~ln r~hn~d ro b~ not promptly and fuly p~id within tFurty (30) days next ~f~er the sur+e ieve?ally b~can~ due and p~yabk, withow d~m~nd w notic~.
or (c) In ~~v~n~ ~ad~ snd r,ay tlx sripvtsfions. ag~eemenra, condi~ans aod coven~nn of s+~d proni~ssory not~ u~d this mapap~ ~ny a NMwr ~r~ no1
ivly, prompHy and fulh p~,fwm~d, d;scha~yed, execu~ed, effected, compieted, compiied with ~nd ab'~ded by. th~n ~ titMr a any auch wsnt tM ssid aQ
preyu~ sum mantip»d in said promissary ~qte then remsininp unpaid. with inreres~ scuued. +ed all ma~eys s~cw~d_ herrby. ~II b~corrN dw a~d paY
~b1• forthwitl~, or tMr~att~r, at th~ opran oi said MORTGAGfE. as fvlly ~nd compleeely u if al! of the said swas of monsy wen wgsna~y st~puut~d
to b~ pacd on wd~ day. anytAtnp in sa;d pra,n;uory not~ a in this Mwtgage to the contrary notwithiqndinpj ~nd th~r~upon or tlKnahK ~t tM option of =
said MORTWIC,EE, witlwut notip a demand. suit ~t law a in pvity. tFl!!lf0~! O~ flNfNfTN be9w4 ~++y b~ pra~ecvt~d as ff all montys t~wr~d A~rtby
had matursd p?Ior to ifi Imtitutiaf.
7. Th~f h tM ~wnf th~t af the b~pir?nirg of o~ ~t any tims pending ~ey suit ~pon this Mafy~, w to for~clok it. or to nform tt, or to anforp
P+Yment of ~ny d~inr her~untler. ~aid /y1pRTGqGEE sMll ~pply to the Coun having jwKdktion therwf iw tM appoi~tmN?t of • Receiwr, wch Caxt ~all
iorthwhh appoint ~ nceiv~r oi sai~ mwtpaped propaty all ~nd singular, includmg all and iingulu tM incwn~, protits, bs~es ind nwnves frwn wMt~v~? f
wurc~ d~iwd. ~ach and ~vKy o# whKh, it beinp ~xpreasty unders~ood, is hereby mo.fgaged as if apec~fiully s~t fonh ~od desc.ib~d in thi prantinp and
hab~^dwn d+uHS h~nof, ~+d wd~ Recsiver shall A~ve slt the bo~d and effective fvect~ons and pow~rs io anywi~a ent~usted by ~ Co~~f tp ~ Reaiwr, ~nd
wch appoi~tm~nt ahall b~ madt by such Court p an adm~tted eQuity aod a matter of absolute ri9ht ro s+id MORTGAGEE, and without nfer~np tp tM
adequacy w in~d~quacy of tM vslw of the p?operry mortqsged or to the soNency or insolverKy of uid MORiGAGOR a tM deferulan», and rh~t svch
renr~, profits, krcane, iuues u~d ~wenues sl~s~~ bs ~pp~;ed by auch Receive. accord~np to ~M lien w puity of Mid AhORiGAGEE and tM practia of wch
Court.
8. To d~ly, promptFy u~d fully p~rform, d'ad~srye, execute, effect, complete, oomply with ~nd abide by each ~nd ~wry th~ stiputatio~a, ~pr~nU,
conditiorn and covenanb in said promFasory note and thu mortyapa aet fwth. '
9. Tl~t In 1M ~wM the ovvnersF~ip of the ^art9~0~ P~M+ises, or any psrt thereof. becomes wst~d fn a p~non other th~ th~ MORTGAGOR. tl~
MpRTGACaEE, ha wcc~sion ~nd suipry, may, wi~hout no~Ka to rhe MORTGAOR, desl with such svcussor or ~swr ;n intere~t with nf~r~nt~ to thb ~
mortfls9~ ~nd tIN debt hartby sKUted 1n the tirM marv~er as with Mo+tgagor withovt in any wsy vitiatinp a duharpirg tl+~ Mortpapon' liability trr~-
under or upon th~ debt h~reby seu,red. No tale of the premises hereby morrgaged and oo fwbeawna oe~ the put of rh~ MORTGAGEE w in s~cceuon ~
or assigrq and no ~xtension of tFK time f« the payment of ~he debt hereby secured given by the MORTGAGEE w in woassors or usigns, ~hal) op~rat~
ro nleu~, discMrpe, modify charg~ or ~ffect the wiginal I'~sbitiry of the MORTGAGOR herein, either in whole or M put.
10. It b spec;fiully ~qreed that time is of tM essence of thia contrsct and that no w~ive~ of any oblipatan her~u~der p of tlw oblip~tion t~-
cured he?~by ~hall at ~ny Yrne th~reafttr b~ held to be a waiver of the terms hereof a of the inst~rnem sccvr~d Mrby.
11. In add'+Ywn to the forego:ng monthly paymmts of princ'pal snd interest required by rhe promissory rqte aecured hereby, motyysgo? cov~nany
and agrees fo p~y to mortysgee with e~ch monthly paymcnt an ~dd~tional sum estimated by mortgagee fo be eqwl to 1~i2 of ths ann~a) tost of tM fdlow-
ing:
A-All rtal p?operty taxes kvied or auessed againat the above described resl estate_ ~
8-Premiurtq on fire u+d windstorm inswance as here7n requ:red to be urried on the improvemenri sitvate on ths abovs dewibed premises. ~
C-Premitrms on sucl~ mort9ag~ ywranty inswsnce as mortgagee sha0 from t~me to time deem fit to urry p? the bsn secured hereby.
Mortpapae shall from time to time notify mortgagor ;n wr;t~ng of the amount due and payable hereunder and such ~um sMll thereupon b~ dw and
payabte on the due dste of th~ next monthly payment and exh successive month thereatter vr.til mortgagee aha11 notify morfgago? of • chsnp~ in sucF?
emount. Sucl? swns shall be applied by mortyagee tprvard the paymcnt of real property taxes, insvrance premivms, ~nd mprtyape ywranty inwranct
premiums. ~
N WITNESS WHEREOF, tM said MORiGAGOR has hereunto set h& Asnd and sea! the day and r f' t ~foresaid.
Su ~nd ~d i tM preseoce of: .
°'"`.Q n
n
n
K..(~
STATE OF FLORIDA ~
cournr of - St_ Luci e
6esa..,n. per~o~~N,a,.,.ed Ronald Cole
.nd
' R u th . pl e his wife, to me well known and krawn to na to b~
tna indnidwb dewibed in and who executed tM fua9oinp instrumeot, and acknowledged before rn~ tMt thsy executed ths sam~ for tFie purposes
therein expre~ted. /1nd th~ wt~ R»th Ci07 e
•i
wife of th~ pid - ROn87 pl e - - , upon • separats and privat~ ~
exam~naYan by m~ take~+ sepa?ah and sp~rt from her s~id Iwsband, ~dcrwwledged ro and befws me thst she executed said irutr~ment freely and vo~un-
rar~ly sr+d without ~^Y oomp~bia+, co~str~int, appreh/r~s~wypr fear of w from he? ssid husband. ;
WITNESS my iwnd and offitial seal ri~ ~~'t.~~~ da ~ tember LL '
y /1. D. 19_SLS~ ;
Natsry in uKf iw fhe State of Fbrida ~f iuye ~
. My an ~xpir~s:
Retum Ta . _
First f~derd ~ t,o~n /lrsociation
Notary PubMc, ?taN of !'1orid~ ~t
-.~'`'pA~`sP r Il., RAy commtcsi~n E~pirli~'[i,~. 5~;.
~~~~o ~ND RECORDED
~,6~~~ ~r,~~ ' 9c+nded By Am~ribh SuFely Co. q~N. Y.
: ~ ~r' S'f, I~UCtE COUNTY, F
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