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To pl~a ~nd eoerir~wusy kerp on ~ bui!dinps noMr or he«aft~r ~twa on s~id land snd on „!1 ~.7uipny~u and p~r~?~ly cevw~d by this mw~. E
vri~fi aN prMniwes t1wNn pa+d in tui1. tln i~wanc~ ~ ths vwal uand+rd Po~KY hrn~, in a sun~ approrrd 4y ~ MORiGI?GEE. snd wind~to~w
fniwarw~ in th~ uwa) st~nd~rd poliqr forny fn ~ w~n approvad by ti+~ AAORTGIIGEE. in wd~ oon~pany or ooiapaei~t » 1kt MORTfsJ1~C'sEE a?~
i?actt and a!) fin and wN~dsarm insw~ne~ policies on ~ny of said bui~ding; w?y h~~t ~Mrein a psn thereof. M d~ pp.p+» sww dor~d a ~
i~ ~xass dwwf. sANI aonpin tM wwl itandad mw~+SN dauss or such al+~r Gl~ri~ q IM MOt1~~N 1MY t~4W~. AN1ti~ IM IOtf W1fIM MifJ p01~
ei~, Nch ~nd w.ry. wr~bl~ a s.id M~IItTGAGEE a in F~ee.eu ~nay y~psar. «x! assA and +vary s:x~ Dol~h? sMU b~ pro.Npty as:~?ed ~nd dNiwrw a
vryr MW bp t~id MWtTGAGEE ~ fwtMr ucw~ty ro iaid mort~a9~ deW. and. ea ku Myn ta~ (10~ days in adva.x~ of tM tapk~tion of ~ad~ policy. ts dr
IA.x b ~aid MORiGAGEE • n.rwal tM~wf. IoyNMr wi~h a ~ae~~pt f,ar t!k pn.ni~m ot ec~ rsnevira!: ar~d ehe.~ ~h+p b~ no firi o? w'undi~onw iequrant~
d+ad on inf? of said buildu~~ ~r ;n~u~st tl~~;n or pu~ tMnoE. uw:ku i~+ dn ton~ ard w~th 1M bss pay~ as ~fa~s~edj and in ti~ n~erM any swn
of aq~r: b~aoenss payable ~rd~r wch pol'+cy or pol:ci~s aid MORTGAGEE ahall ha~~ ~ opt~on ro rec~iv~ ~nd apph U~e sanw on ~c.rowN of Mw iodibtd~
nea acw~d Mrtbr a q p~rndt aaid MORTGJIGORI b neeiw and us~ h a+ey pan th~reai fo. other pwposet, without th~.eb~ waivi~g or unpain
Mp an~r pwry. li~n or ri~ht undu ot by v4t,~ of tAis more~ye: and ;n dw ~veM said MORTGAGORS st~ll for ~ny r~a~on faN ro ke~p tM aid pr+miws w
~ru~~d a fail a dNivw Rc~WN +++Y of ~id polrcies oi inw.+~w ro said A~IORTGAGEE. or ta~~ w«~~M ~o wr w~h +~r w«++~w~+ d,.r•fw « in any
rey+~et fap w p~.fom~ d'isd~:~y~ ~x~cve~, ~ffect. eomPl~t~. canply wi~h +rd ab~d~ by this oovenant, a+nY P+~t hs+wf. s~id MORTGAGEE may plaa and
WY fa wch Muw«~o~ w~n~ part tlra~oF without ~vivinp a ~ffectinp anY uk~io~. ~7en. puib, or r~pM ~x~du or by virtw of this Mar~ap~. ~nd tlis
te+M 'r~oue~t of wcA and wa?y xKh piynw++t slwQ b~ immedi~tely dw ~nd paYabl~ a-~d s~il bear inMrest from th~ d~h th~r~of unt11 paid at th~ ~an ot
eRrw Pa ta~tum pw M~rNw+n aed toyethtr with svth interest sh~ll be secwed by the lisn o( this tnott~a~.
4. To pKmib oomndl ar wHu np w~sM. EmpairmeM or dcmioration of said property w any put thereof.
S. To pay ~II and sinpv4x the cnsy, clNrps~ and expenses, includirp a rarsonsbls ~reomey's te~ snd easb of ~bstracts of tid~, ie~cw.sd w paid at
anp tLn~ by said Iy1pRTGACaEE, bacws~ or in tM ~venf of the fsilwe cn ~hs p~t of th~ said MORTGAGQR a dutY, po+npty and fvtty pNfonn, disd~aeq~
sx~tw~, ~ff~c1. comP{~t~. ~omply with snd ~de by ~sch and every the stipulations. agreemsnts. ca+ditio~s„ and aown~na o( said proeeiuwr not~ and tAts
'^~C~ ~Y a~itM~. and s~id oosrs. ch+roa +~d e:Per~+e~. e+ch and ~very, shall b~ immedlatey dw and p~yabie: whe~hN a ~ot rMr~ b~ naic~ dr
Rww~, ~»~mW w odl~ct a sWt pu~d'mg: snd th~ futl ~mow~t of each and ew.y wch paymem si?all baar intKbt fran tlw dat~ tMreaf w~til
rah of nen~ pK :entwn e f paid at tM
p+~ uuwn~; a+~d all said cosn, chuges u~d expe~ses iexwred a paid, tvgetl+er with :uch intt~at. ~f?al! b~ Ncur~d lyr tl» li~n of tiw
'norl~g~,
4. 1h~t (~J in tM went of any bread~ of this Mortgag~ cr defavlr on th~ part of tM MORTGAGOR, or (b) in th~ ww~t any of said aKns of nwnty
I+~rNn nf~n~d ro b~ ~a promprly and fully a+id within Uurty (30) days oext •fre. the same severatty b~cnm~ dw aed WY+bty withovt dan+~d o~ noriq,
or (~1 in th~ ~rent s+cl: and ~very ths slipulaYwra. +9rcar~e~?s, condcitons and coveninn of asid promiuory oota sed thif mwpap~ ~ny or ~ither an nol
~uh. pron~ptly and fulty p~rfwrnad, d~sclwryed. executed, effectrd. completed. canpl~ed w~tA and abided by. th~n in tither w any such went th~ aid +p~
~~p+b swn m~ntia~l in said pr~ani;sory note then mmainirg unpsid. with !1ltNlil KUYl~I N1d all montys weur~d. !x~~by. .h.u b.oom. d~,. a~d ar
~bw fo~rtMvitl~, o? tMr~ahp, ~t the option of s+;d MORTGAGEE, ss fuly and comple~cly u if aq of ~he said sunn of mo.ky w~n wg:nally stlpulattd
ro b~ paid on wd? day. +eYfhLip 1n said promissory note or in ihis Mortgage to rhe conaary nonvirlutx~w~~ u.d th~r~upon a theraitN af th~ oprion of
•aid MORTGAGEE, without notice or d~mand, wit ~t I+w or in equity, therdoro w tMreafte~ be~vn, ma~ b~ p~e~sat~d q if sll ~na~tys fKVr~d I+u~by
Pud nwtw~d priot lo ib irotFtution.
7. ?Mt in th~ ~vem th~t at tM begimirg of or at ~ny time F+er~np ~ny wit upon this N~ort9ayf, or W loredoa k, or lo rffo~n+ H, a to u~forp
WY~t of any daims Mteunder. ~id MpRTCaN6EE sAalf ~pply ro the Gou.~ having jwisdicYwn thereof fw tM ~ppointr.~ent of ~ ReseivK. wch Cowt sMll
fathwith appWnt r receivN of sai~ mort9ayed property all u~d singula?, includ~ng all and singula~ the incorn~. profit~, ksws ~nd ~tv~nues fran wh~twK
soura d~riwd ~atA and ewry o# whicl; it beirg exp?essly widrrstood. a hereby mortgaged u if spaifically set f«th snd dewib~d h thi ~~ntinp and
hsb~ndum dawes henof, ~nd wch Receiv~r shall h~ve s11 ~he brwd and effeaive funct~wu end powen In anywis~ entrwt~d by ~ Co~?t tp a Reosha. and
~PPd~t~nt sh+t~ b~ m+de by wch tourt as an admit~ed equ;ty and ~ marre~ of absolore ~igAr ro aid AIORTGAGEE, and without nfera,c~ ro tl»
~~q~~c1l ot in~d~qu~cy of th~ wlw of 1he properq mortgaged ur to the sotvcn~y or ;r?solvency of s~id MORTGAC~OR p tM defendann, and thst wch
re^M. Prof~n. Incane, iuws ~nd rwenucs ~hall be applied by such Rec~iver accordin9 to ths tien a eqvity of_ s~id MORiGAGEE and ths practic~ of wch
Courl. t
8. To duly, promptly ~t~d fully perform, dfschary~. exeoute, effect, cwnplete. tompl~! wilh ~nd abid~ by sad~ ~nd ewry. tl» sY~pulaf'ans, aprsartwnt~„
c,o~d'itiont arw! ooven~eb in s~id prankswy note and this mortgage xt forlh. - - _
9. Th~t Ln tM weM the ovn+ership of the mortga9ed premises. or any put thercof, bccornes v~aTd ih a panw~ other tiNn the MORTCsAGOtL th~
MORTG/?GEE. M+ wcoeuas +nd +ss,9ns. ~nsr wi~hout notice ro the MORTGAOR, deal with such sucuswr p~~;~ ;ntersat wi~h nf~r~oe ~o thq
^art~pe ~nd t!~ d~W herebY secured in the sx~a msmer as with Mwtgagor witlw~t in a~y way vitiaYrg a dscha~yirg ih~ Mort~apon' li~bility Iw~-
undar or upon tht debt hereby aecvred. No sale of tFa preinises he~cby mortgaged snd no /wb~uanc~ o~ th~ pn of tM MORTGAGEE w in woceuon ~
or +atgro and no extension of the time fw the payenem of the debt hereby secwed given by. the MORTGAGEE or irs succeuoa or auigny shaU opaat~ ~
ro nleu~, dixhuye, ewd'fy chaege pr affect tF~e original tiabiiity of the JWORTGAGOR herein, either :n wlwle or in part, t
10. It is spetifically agroed fhet tune it of the essence of this conrract a~d th~t no waiver of any oblipation Mreunde~ or pf !h~ pblipation k.
cw~d htr~by sl+atl at any twne thaeaher b~ hdd to be a wairer of the tcrms hereof or ot the inatrument secur~d herby. ' ~
11. In add~Yan to ~he fwego:ng monthlY psYments of princ:pal arxl inrerest required by the pomissory nore secvred herebY, mort~agor oowMnq ;
snd aQrees fo pay to mortyayee vvith cach monthty paymcnt an addrtional sum eu~mated by mortqagee to bs eqval Ao 1~!2 of ihe annwl cost of the fdlow-
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A-All real props~ty taxes (evied or assessed agai~st the above dcsc.~bed real estate.
d-Premiums on fir~ and windstorm insursnae as here7n reyu;red to be curied on the impe~ovemeeb situste on tht abov~ descrilxd pr~en(a~s,
C-Prcmiums on svch mortgsge ~var~nry insurarcce as mor:~agee shal~ from Gme to time dearr+ fit to carry on the bar+ secvred hereby.
Morty+gee shall from time ro time norify mo.fgagor ~n wr~r7ng of the amount due and payable hereunde? and svch sum shall thereupon b~ dw ~nd
P+Y+~ ~~e due d~te of the ne:t mo~thly payment and each succeuive moofh thereafter ur.til mort9sgee sha~~ not~fY mort9~9a of a chsng~ in wch
anww~t. Strch sums shafi b~ ~pplied by mott~gaq¢e ton,ard the psymeet oi real p~operty t~xes, inswarxe prem:ur.u, ~nd mortpaps pvaranty insuwnce t
Prert'.ium~. .
~N WITNESS WHEREOF, tM said MORTGAGOR ha: hereunto set h~s Fwnd and xal the day and year P~rs~ aforesaid, i
_ ' S ~I~~/X of: (
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' STATF OF FlORIDA ~
couwnr of St. Lucie
eefors me ps.sons~h spp.ued _ George B Walterq
' A 71 ~ a r n ~lia l t~ t+9 hp wife m me well known and knaw~ to me to b~
ths ind'~vidwb desor~ed in and who s~c«uted tM foreyang instrument, and acicrawkdged beforo me that rl~r execvted the sarne for ths purpwes
~xa~+~a- a~a ,;a- A l i e~e Wa~ rs
~r. ~ ti+...~ Qeorge B. Walter - e,.p..,,e .~a ~.a
exanin~t~on by me taken sepsrate and apart from her said husband, adu~owledged to and betore me that she exccvted said kistrvmer?t,f~eely u~d rolwr
tuily and without a^Y comPutsion, constraint. ~p~xehension, or ~ar of w from her said husbsnd.
.w
MIITNESS my h~nd and offitial sal this c~v°~` day of A. D. 19_.52~
d`
. Notary Public in and fa the State of Fbrida ~t lupe ~
Retwo Ta . ~I1Y Cortwnission ~xpires;
~a Fedusl Sa~s ~ toan As.oc»ra.~ ~~f? Pul~lic, State af Florida at largP
Of fort Pierte. ~ ~Ofll~'dSSlO~ ~
pr, 3~I~69
Fort Pierce. Florida ~ Mwd i> ~,t.};~~~jtJ. .i -
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RECOP.fl VERIFtE~ , ~ n
150233 ~ _ _
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kOGE~ .-Ot7R:.3 ~ •
CLERK CIRCUI OURT
800K ~ ~cy PACE 54Q
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