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S. To Fl~a ~nd oontiewoush kseP on ths bui:dinp• now or hNeafrw w~wt~ on:a~d I~nd u~d ow ~II puipn»d an,~ paaons~ly corN~d b11 ~~'q~
y~. with ~N pn~nivms ~Mreon pud in full, i'a~ inw.anc~ 'a~ ~M uswl ssandaro pd~cy fwm, ~n s iwn ~qxowd b1? th~ MORi~GE~RiGAGEE m+y
~nsLr~ in tlw uswi Hand~ad po~~c~r fan~, in • w~n ~pp~ov~d by tM MORTGAGEE, in wcl+ ca*~W^y w ca^P~+
d~rrct; and aN ~in and w'u+dsw~n irqurano~ pdk~es on any of sad bu;~d.nps, ~+W iroerai ~herein w part tAe~eol. in the +4~~9+~t sw~ ~fwes~~d w
~n ~acra tFw~~oi. sMll contain H» uswl ttandard mwtgs9e~ ctws~ a such aha clavs~ ~s tM Mwe9+9ee ~y ~eqva~. nw?inp ~M bu w~~ s+~d Pou'
c;es. ~ach und evay. P+Yabl~ ~a ~id A~ORTGAGEE af ia inrcrrs~ may appca?. and each and ~ve.y such po~~a shall be proinW~y as.pncd and det:vNed w
~ny htld by said MORTCsAGEE as fw~Aa ucurit~r ro sai~ mor~g+~e debt. a^d co1 I~u than ttn (1C) da~rs in +dva~c~ of tM eapvation of ~ach poi~cy. co dr ~
I~rer b aw! MORTGI~GEE ~ rNrw~l ~hereQf. w9sd+er wi~h a rcce~pt for the prem+wn of svch r~?ews1; a~d ~her~ shall bt no f~~~ a windsarm intura.xe f
pt.ced on ~ny of cai~! bui~dwg~. .ny ime.a~ rher•~n o. put therwf. uakss :n ~he fam ~nd wi+h ~M loss payabl~ u ~tor~said: and in tM went a~y swn j
of mon~/ b~comrt payaWe wwl~~ wd+ po~icy o~ oolKies s+id MORTGAGEE ihall h~ve ~he oplan w roceive and apply th~ sanM a+ +ccovM ot tM ind~b~ed- (
nesi s~cwed M~My o? a permi~ s~id IYIORTGAGORS 1o retave ~nd uae it a anv part thera,•OE fw other pwpcses, w:~Faut ~he~eo~ waivu~ a~~+p+i~- ;
~ng ~nY ~ty. li~r. ot ~ipht wwla or by v~r~w of tlwi mortp+9ei +nd in ~h~ woM said MORTGAGORS i.1aU Eor any reawn fail lo kcsp tM sa~d premises so 1
~nsv.ed, w bp M ddiva~ promptly ~ny of said poticies of insuruxe ro said MORTCsF.GEE. or fail prempUy 1o paY fuUy any premium therefor or in ~ny j
respect bil b pe~form, discl~u~, sxecut~, ~ffed, canptste, comply w~th and ab~de by this cuve~ar?t, w ~ny put hrroof, said MORTGAGEE may p~+c~ +nd '
pay for such &nwae~c~ w ~+iy part tFweof wi~hovt waivinp or atf~ctinp any opuor. I~ee. equ~ty. or r~yht undK a by virtw o( this Mort9ap~. and tM :
!u11 anww?t of ~ad~ u+d wrsry wch paymN+t sMlt b~ ~mroedialety dw snd pyable uxJ shali b~a~ interest from ~M d~t~ thercoi until peid a1 tin ~at~ 01 ;
n;ne per osntwn pN a~rwm and togethe~ with such inie~at shalt be sacured bY the lie~ o( tlus ~no~t~apt. - ~
1. To p~rmit, oom~dt or w~i~ ~o wute. impairm~nt w detaiora:ion of ssid property or any part thereof. -
5. To pay +II ~nd sirgv!~r th~ cwts, cA+n9es +^d ~xP~^x~, "'d'd'^i ~ reasooable a»wneY i fee snd costs of ~bstr~cts of tiNs, irKwred or paid +t
any timt by said MORTGAGEE, betwse or in the ~vent of the failure on ~he paN of the s:id MORTGAGQR w d~ly, pranptlY and fu~h Ps~fa^^~ d'scha'4~t ,
~xecut~. ~ffec~. canplote, compty with u~d ~bide by txh and every the stip~~latans. +greemeres, cond~t~oro, a~d cownants of said promissory ~ote and :hit ~
morrqa~ ~ny or ~ithe~. utd said uxts. chuges ~nd eapen~es. each and every. ~hail be irrurrodiatefy due and Wrible: whetl+e~ a not ther~ be ~.orice d~ ;
mand, ~n~enpt to coll~ct or wit p~ndl.g; snd tM full ~naunt of exk and e+e.y s„ch p~ymem sF,~~t bru inreres~ frpn Uw date thereof until paid at the 't
ra;a of nin~ per esntum per +~wwm; snd all s~id eosts, chargss and ex~sensrs ir~u~ed a paid, togetFx,v w~th wch inter~st, sMli bb ~ecwed bY ~M tie~ of this
mo?t9+p~.
6. TMt in the event of ar~y bresch oi this Mortgag~ or default on the part of the MORTGAGOR, or (b) in rh~ ~vent sny of aa~d wn+s of moewy
hereir. rof~n~d te be not prflmpty ~nd fuly paid w~th~n ~hirty (30) d.ys nex~ afee~ the sama severalty bes~ due u+d P+Yable. without damand a notic~.
or tn ~~r~.r ~ach ~nd every ahe stip~lations, sgrrements, condaia+s sr~d covensnts of sa:d p~omiuory note ~nd th~s mortqap~ ~ny a either ue no1
iu~y, pranpNy aod f~lly performed~, discF+uged, e:ecutcd. effected. canpteted, complKd wnh a•~d abided by. 1hM i11 litMlf Of am fYCA ~vMt tIM Mifl OQ~
preyate wm mentioead in ss~d p*om~ssory no~e then ~emainirg unpaid, with interest acuued, u+d all mooeys secu~ed hereby, sh~ll becwnt dw and p+y~
ebl• fwthwith, p tINtNNH, at tM option of said MORTGAGE', as fully ard completel/ as :f all of ~he sald sunr of moeey were or~pin+~~11
to b~ paid a+ tuch daY. anythinp in sstd prom7uory note or in this Mortgage ro the contrary notw~llutsndinp, ai+d Il+ae~ipa~ or tl~eaftdr at the option O~
~a~d MORTGAGEE, withovt notic~ or dem+nd, wit at law w i~ equity, tFkrefwe w ihereafeer begvn, cnaY b~ prwe~cut~d +s if a~~ ma?tYs ~en+r~d I+ss~by
haal naturcd pHOt to iri irqtitvtion.
7. Th~? in t!» event tnat at the beginninp of or ~t any t~me pend~ng any wit upor+ ?l,;s 11Ae.tgage, w to foreclos~ it, or ro refam it, or ro enforae
cayment of ~ny daims hasunder. ~id MORTGAGEE shafl apply to the Ca~rt having jurisdKi~on :i+ereof ia tM ~ppantment of a Raceiver, wch Court shdl
rnrthwith ~ppoiM a r~oeivN of s~~ matpsged property all and singular, includ~rg all and sirg~lar the incom~, profits, iuws a~+d rewoves irom whatwK
source deriwd, saeh ~nd ~very wh;ch, it be~ expressly unders~ood, a her~by mortgaged as ~f spec~iicalty set fath ~nd dewibed in the 9r~ntinp and
habcndvm dsuses Mrwf, ~nd wch RecavK ?hall have all thr broad and effective furxs.ons and powe~s i~ anyw~sa entrvsted by ~ Cou~t tp a Recet~~+, and
such appoiniment shall bt irude by wch Cou?t u an edr++itted equiry and a ma~ter of absotute ~~ght ro said MORTGAGfE, and without reference ro tlw
edequxy or iMd~quacy of tM vslw of the properry mo~tp~ged or to the sotvency or :nsolvency of s~id MORTGACaOR a the deferwlants, and that such y
renf~, profib, i~xwns, issues and r~venues shall Ee applied by such Receiva xcordw?g to tne lien or equity of said N10RTL'sAGEE and the practice of wch ,
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8. To duly, pnomptly and fully p~rFonn, dixharge, execute, effect, comFlete, comply wifh snd sbide by each and every the stipuiaYans ~yresrt~enq,
conditaro and toveMnts in said promisw~y note ard this mortgage sct forth.
9. That in th~ event the ownenhip of tM mortgsged p~em~sss, w any part thereof, becc~res vest~d in s person other tFwn the .AAORTGAGOR, tM
MORTGACaEE, its svoceawn ~nd assiQns, maY. without r.otice to the MORTGAOR, deal wilh :vch succ~ssor or wxcessor 'u. interesl nrith nference to tha
morrgage and tM deb~ hereby seax~d in the same marv+e+ u w~~h Mortgago~ wi~hout in any way vit~atinp w discMr9~ng the Mortya9on' li~bitity hert
under or upoe th~ debt hereby secured_ No sale of the premtses IKreby mafgaged and no iabcarance on the p+rt of the MORTGAGEE w its wccesson
or e:s~g~u and ro e:tension of the time for the payment of the debf hereby securrd g~ven by the MORiGAGEE o. its s~coessors or ~uiyrss, shall op~raq
ro relesse, discFur~e, modif~r change or affett tF~s orginal liability of the MORTGAvOA herein, eit~er in whole or in part.
10. It b spec7fiully ay~eed that time is of tF~e essence of this contract and that :.o w+iver of sr.y ublgation herew~der or of tht oblipation sa
cvred Mreby shdl ~t ~ny tirrM therc~her be held b be s waiver of the te:ms hereof w ot the ins~rwneat secured herbY•
11. In add"+Ywn to the fwego:ng monthty paymenh of princ'pai and interest requirr3 by the prom~ssory no?e secwed hereby, mo~tgagor oov~nant~
and agr~es to pay b moHg~gee +rith each monthly paymcnt an addirior.al sum estimated by mortgagee to be eGual b 1;'1? of ths annuat cost of the folbw-
ing: .
A-All real propersy taxes kv~ed a assessed against fhc above described real esrare_
B-Premiums on fire ~nd windstorm iruurance as herein requ~red to be ca~ried on the improvemc~ss sitwte on the above dexribed prem'aas.
C-Premiums on suth mortgage gwnnq inswance as mortgsgee shsll fro~r. t~mc to time deem fit to carry on tlx loan secured hertby.
nrr, -
Nbrtgages shail from time to time ~otify mortgagor in writing of the amount due and payaWe hereunder and sucfi wm shiU~thar~upbp.pe dw and
I czyab!e on fhe due dafe of the r~xt mw~thly psyment and each iuccessive monfh thereafter ur.til mortgagee shatl notify mer4qa~ x~snSR in such
arncunt. Such sumt shall be +pp~~ed by mor?gs9ee toward the payment of real property taxes. insurance prern.ums, an~' mdf~+(~ BOe?aAfy' inwr~ncs
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` !N WIiNE55 WMEREOF, t id MORT AGOR has hereumo_set his hand and seal the day ~ yesr fint af G~'- I_ _
` ar?d td ifl 1 9f: _ ~ ' _ ;
~ ~ _ ,-a---_~,..~ - _ rs `
R ,~.:.~15.a4
- • = ' ts..n
,T~.~:~ ~r.- ,s..
STATE OF FLORIDA ~ - -
Lucie
!:OUNTY OF St • -
9efore me penonalty sppeued Donald E. Rau3erson .~a
Brenda J• Raulerson ha wife, to me well known ~:~d known to me to b~ -
rhe indiridwb desuibed in and who executed the fareyoing instrument, and sckrwwkdged before me that they execwed tFz wme for the purposes
,,,e•e;n e,cp.e~se~J. An~ ,he Brenda J Rsulerson - _
Donald E. Raulerson . ,~,.st~ .~,a „~.n ;
w~fe of ths aid
examinaYwn by me qken sepuafe snd_apart from !xr said husband, atknowledged to and befor me that she exetvted said instrumcnt freefy snd volws-
~arily and withovt ~ny compulsion, cantraint, appr
~ipn, or feu of or from her
r` .,~J~~`> a. ~9 bb
" WITNESS my hsnd and officia! seal th~s ~ day of
~ ` < + _
~ tary P lic in a~d fw ti~e bta.e - lups
. . - F' My ian expires: O
Resum To: nui.+Rr P~o SfA1c flpF~p.~ ~t I:+RGE
~ Fint Fader~l Savings 3 loen As:ociatan R MY COt~I.~' IISSIQN ~(PIRES k!4. 20. 1970
Of Fort Pierce. ~V ~OM1fp 7MRQ~?r~ w~~ ~
~ Fo~t Pietts, florids ` ~fTCS.,w!s?
, ptiD SY.
~ ~~uC~E C VER~F~E~
SZ• CORQ ~ ~
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RK ~~RCV,~ , ~ '
~ "i ' 21 G`~ 600K~5~ PACE ~O ~
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