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S. To plaa ~nd contlnuoutly kNp on tM buildinps ~ww a M+~afiK sitvaN oo wid land snd on all ~quiyre~e~t ~nd pa~onally oowr~d by tNs mortP
with a!I pNniwm thNwn p~id in f~14 fU~ irnwu?c~ i~ ~M uswl i~andard policy form. in a~wn ~pprowd by tM MORTGAGEE. a~d wind~tor~n
iniurw~a in th~ ~nwl aqnd~rd pol~cy fwm, h a wm ~pprov~d by tM MORTGJ?GEE, in wch company or camp~?ip a th~ JMORtGA~iEE n?~y
dt•Ktt and ill fin utid wirwkrorm irawanc~ polkiss on s~y of ~aid build~npt„ any tnterat tlrnin o~ put tMr~of, In th~ +q~rpa~~ w~ aforaNd a
in ~xpp fMr~of. ~MII oontain tM usual stu+dud mortps~c~ clavN or wch aha clavN +s tM Matp~ m~Y nquin; m~kiig rh~ Iw~ wder uid poli~
cia. t~ch and •wry. ar~b1~ a t~id MORTGwGEE a in inreresl e+ay appeu, ud tach and tvery wch policy sha11 b~ pomprly uf:pned u~d delivK~d ~o
~ny I~Id by ~aid MORtGAGEE u funha s~curity to said mortpaq~ debt. and, no~ I~u ~han ten (10I d~ys in advanc~ of tM ~zpiwtion of ~ad~ policy. to d~.
liwr to s~3d MpRTGAGEE • nMw~l tMrwf, wp~thw with a rsttipt iw tM prtmitxn of such r~eKw~IJ u~d tlw~ atwll b~ no P~n or windstwm Insw~nca
pl~ad on any of uid buFld'a~p~, any iMaat ti~?~in a put fh~reof, unku in tl?~ fwm ~nd with tM Ioss pay~bl~ as ~fonsaidj and In tt~ ~wn1 ~~y wm
of naewY b~cana p~yabl~ undK wch polky a polici~s said MORTGAGEE shall haw tIN option ro reaiw and ~pply tM s+m~ on accow+l of Nw indrbted~
n.u s.cund Mr.by a a p.rn?N wid MORTCsAGORS ro rocei~a and us. fe or any ps.r ~Ae.eof fa othe~ pu~pwer„ wi~hout ths.eb~r waivinp a unp~ir
~^p +nr puib, li~n or ripht w~dei w by virtus of this mortp+p~t and in tM ~vent uid MORIGAGORS ~!?~II fa any nasa+ f~il to keep tFa s~id pr~mises w ~
I~sund, or fall to d~liva prwnptly any of s~ld policiq of inswanc~ ro said MORTGAGEE, a fail promptly to paY fulty any pr~mium ther~for a In any
r~ap~q fail b paforx~, d;uiwp~. ~x~urr~ ~ff~ct, compl~te, comply with w+d ~bid~ by tha oov~nint, w ~ny parr Mrwi, s~id AhOR1GAGEE may pl~a ~nd
p+Y fw wd~ In~wano~ a any p~rt Nwrwf without waivinp or ~ff~ctkp ~ny opNui. ~iN+. Mv~b. or r'ph~ ~~r:dK a by vl?tw of this Matqap~, s~?d the
full anwwn of ~sd~ and ~wry wch paynwor ~1w11 b~ Hnrnediattly dw and pyabN u+d shsll b~sr inlerql from tIN dat~ thueof uo81 paid ~t tM ra» ol
~+:M Pa antwn p~r aniwm +nd topethsr with wch i~te~est shall be secvred by tM li~n of thia mortq~p~.
1. To pwmit, oommM or wff~r no wsst~, ima'umsnt or der~rioratioe of said properry or ~ny put therwf.
S. To p~y ~II and sinput~r tM costs, charpes ~nd expe~se~, i~cludirg a reason~bl~ attorney's fN ~ed oosri of ~tr~tts of titt~. incurc~d a paid ~r
~~y Itm~ by Nid N10RTGAGEE, b~uus~ w in th~ ~wnt of ths failwe on tl+s paA of th~ said MORTGAGOR to duly. promptly and fu11y pKfornn, discl~+ry~;
~xecvt~, ~ff~ct, compl~t~, eomply with ~nd abide by ~sch and every the stipulatiw?~, ~yreemeNS, condi~iwa, uid eowe?~n» of qid promiiswy not~ N+d thi~
^+~OW~ ~~1? or ~i~hK. and ~aid cosb. dwp~s ~nd ~xpenus, eacl+ ~~d tvery, ahall b~ irtwnediarsly dve aed payabl~r whe~Mr a na fMre b~ notia dr
~~P~ a wN p~nd7npr +nd th~ full amovnt of each and wsry wch psymeM thall b~ar int~nat han tM dab tM?eof uns3! piid ~t ths
rst~ of nieN p~s etntum pe~ an~wms ae~d ~II said cosn, cMry~s ~nd exp~nses inaund or p~id, toaetMr with wc~ tntw~at, sh~ll b~ t~au~d by tM li~n of thb
mor~pap~.
b. Thrt in tM ~wnt of any bnach of this Mortysp~ or d~favlt on t!r p~n of tl» MORTGAGOR, w(b) in tM ~va~t ~ny of s~id wms of nwrwy
?wntn nftn«! to M not prompty and fully p~id within ~h~.ty (30) days nsxt after the iame sevaally bscar» du~ and p~yabb. witlaut d~m~nd a aotiu,
o~ (d (n flw ~wnr ~.ch ud ~wry rh~ sNpulariora, agreemenn, <ondi~ions and cowi»nrs of sa~d pro.n'~s~ory n~t~ ~nd th~s morpap~ ~ny or Nth~? ~n nol
iu1y. prompHy ~nd fvly pKform~d, disdyr~ad, execvted. ~ffeded. compkted, compl~ed with and ~bided by. tMn in ~itlwr a u~y such ~wm tM s~id ~
prpat~ wen nNt~tiaNt! In aaid p~omi~sory nor~ N~en remaininp unpaid. with interesr acvcxd, and aN moneyf s~tw~d. haeby. shall b~c~an~ dw and A+Y'
•bb forthwitl4 or tMrwh~r, ~t fM option of said MORTGAGEE, as fully and completely ss if all of the said sunn of mon~y w~r~ apin~lly ~tipulat~d
to b~ paid on wch d~y. anytF~lnp in sa;d aomwyay note or in this Mongaye to fhe conuary ootwi~hstandinp; ~nd tFwrwpon or tlnr~~fta tM pption of
aid lWORTGAt3E~ withovt notio~ a den~nd, wit at law a In eq~ity, ther*fwe o~ tFwsahar be~un, n?~r b~ prowwt~d ~s lf aU moMya s~cw~d h~nby
Mi! nwtw~d prlor to iri Gatitution.
7. TMt tn tM wMt tMt n th~ b~yineiny of or at any time pendin~ any wif upon this Mort9aye, or to fpneloa H, w tp nfo?m k, o? fo eefwu
P+Y~++set of ~ny d~trm h~nv~+der, said MORTWIGEE shalt apply to the Covrt l+~ving µaisd;c~ion thereof fw tM ~ppointment of ~ Rsceiva. wd~ Co~rt sMll
forfhwhA ~ppoint ~ nceivM of ss~ rrq~ipa~ed propar~y all ~nd tinp~lu, includu+g ail ~nd sing~lar tM incan~. profits. iuwt ~nd rewnwa from wfiat~v~r
wura d~riwd, tach ~nd ~wry of whitFy it beinp ~xpressly understood, is hereby mortgsged u if spcci(ic~lty s~t fwth artd dewibd In !hi prantinQ ~nd
h+bwknn tl+usn h~?wf, ~nd wd+ Rec~ivN shall Mve ~II the bro+d and effccrive funa~o~s and powen in anywae entnnted by ~ Couh p ~ Rscaiv~r. and ,
such appotntm~~t ahall b~ male by wtA Co~nt p an admined equity snd a m~tter of absolute rigAt ro taid MORTGAGEE, and witho~f refenno~ 1o th~ %
~d~4~+~Y a~qv+cy of tht valw oi th~ property mo~tgaged a to the wlvency or ;nsolvency of t,~id MORTGAGOR or th~ defae~d~n», and that such ~
renq, profits. kiooer~, iwws and nvenws sMll b~ applied by such Receiver sccadinp to tM lien or puity of s~id MORTGAGEE ~nd the pr~ctia of such
Coart.
8. To duly. pwnptly snd fuHy perform, d'acharys, exccute, effstt, tomplete, complY w;fh and ab+d~ by ~+ch and every tM stipulatant„ ayrs~nNn»,
coe+d'ttbns ~nd tovenann in s~id promissory ~ots and tha mortyage sef forth. '
9. Th~t in th~ event the ownKShip of tha mort9+4~ P~~ses. a ariy pa.t thereof, becanes ves»d in a p~rwn oth~? th~n th~ MORTGA~'sOR. th~
MORTGIIGEE, Hs sucaKas ~nd asipr~s, m~y, wi~Iaut no~icQ to the MORTGAOR, deal wirh such way~or a~s~or in ;nter~st wifh rd~r~no~ to thb
nwrtpap~ and th~ dcbt htreby secwld in tM sams manner u with Mortgsgor without in ~~y way vitiatinp or dixharyir?p the Mort~~pors' li~bility h~t~
~^der a? uPon tM d~bt herebY sec~red. No ule of the premixs hereby mortgaged end no fabearanc* on th~ pan of tM MORTGAGfE or its svonsson
o~ +ss+pns and no extens7on of the tlme fw the p~ymem of fhe deb~ hereby secu~cd given by tl+e MORiGAGEE w its succeison or qs;gnt, ahall op~rat~
ro rNeate. diadwrye, modify chanp~ or affect tl~e wiginsl liability of the MORiGAGOR herein, either in whole or in put.
10. It is specifiully aprs~d that time is of the essence of this contract and tMt no waiw? of ~ny obl'~ation herw~der or of tM oblipation s~-
ar~d Fwr~by sh~ll at ~ny time thereahe~ be held to be a waivn of the terms herwf or of the instrument secwed Mrby,
11. ln addirion to the fwego:ng monthF• paYments of princ'pal and inte~est requucd by the prom9s~wy note srcured hereby, mortyagor covenaey
and ~ynes to pay to mortgayee with each mor.•~?ly payment an additional sum estimated by mortgagee to be equsl to 1~12 of ths annwl tost of the follow-
~^9~
A-All rta! property taxes kvird a assessed agairut the above described real estate.
6-Ar~miums on fin and windstorm insursnce as herein requ~red to be carried on tF~e imp~ovements sitwts oe the ~bove described pr~enues.
~-Premiums on wd+ mwtgay~ gwranty insursnce as mortgsgee shall from t~me to time deem fit to urry on ths toan sewrsd hereby,
1No?tyaps~ sFNQ from time to time notify mutgagor in writing of the amount dve and payable herrur+der and tvch aum shs!! therevpon b~ dw and
payable on the dve date of the next ma+thly payrt~~nt and each successive month the?eafter ~roil mortgagee sMll notify mwtgagor of a dunp~ i~ such j
•mount. $uch sums ahall be ~pplied by mwtgagee taward the payment of real property tazes, iruur~nca prem:vms. . snd ma~rty~pe pwr~nfy insuranq
premlums.
, IN WITNESS WHEREOF, tFM ~aid MpRTGAGOR has hereumo set his hand and seal the day and ye~r fiint afwesaid.
S~a and d~li+ru in preseno~ of: ~
n
~ `
I ~n .
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TATE OF FLORIDA ~
courrnr oF S t. Luc i e
~ eetor. nM penon~lly ~pp.ared Ld W m T A~ d Pm An ~
- t~r~ h~[ Laudeman his wHe. to ms wen knonn, ana trwvin, w rns so b. .
the indivtdwk described in ard who txecuted ths foreyoirg instru~n~nt and ackrww~d~a befort me tMt tF~ey execufed the same for tM pwposes ~
+~+e.~ln .xp..,.ed. Ana M,. ,.sa Dorothy Laudeman
wife of tM ssid _ W T~Tm ~~demen ~ . upon ~ sep~rate u~d priv~t~ i
exami~aYan by me tsken separ~t~ and ~part from her said husbsnd, sdcnowledged to and befora me that she exearted said irot?ument freely ~nd volwr
tarily and witho~rt arry compubio~, cwphsinf, apprehens,rio~n~,
or fear of or from Fier said Mnb+nd.
WITNESS my hand and offtcia! sea! tlu, ~K.L~_ day of
/1. 0. 19_~..
~ Notsry Public in ~nd fo~ the Sut~ of Horida at larp~ ~
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. ~ R~tum Ta - ~ati:c~~~oiirniaion ~xpires:
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First F~da~l Sivinp~ i lo~n As:ociation ~ J?~
y ~Otary ~Wb~lt. Stah o1 F~oridi it Latge ~
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