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1. To pl+ot and oaniw+a+s~Y ke~P m th~ buiidinps ncw or I+a~~ftu s~tva:~ on u~d land sod on ~II atwipnwnl ~rd pKSa»1hr cownd b1l '
+fl~. witA all pr~micr~ns tM«on p~id in ful~ tin Nauranc~ in 1ht vwal s~4dad pdicy torm. in a sww approv~d bY tM 111iORIGAGEE. M+d wi~!dstaw+
in~wM+a N tM vswl pandard pol~cy fam, in ~ iwn app~wed by ~Ae MORiGI~GEE. tn svcl~ co~+P~+Y a~^P+^~ ~s the MO~tTGI?GEE ~n+l?
di?~ct: ~nd ~p fin and windawne ira~~na policas on ~ny o; s+id bu~td~npt. ~ny Mhrr~sl ther~in or part tiK~~ol, in t!w ay~e9at~ swn ~fores+id or
In ~xass ther~eof, slwl! oontain tM wwl sandxd mor~pa9es clause o. such aha ciaus~ u ~M Ma~yags~ n:+y r~qu~n. m+?~^p ti+~ bas und+r u~d po1F
cies. tach ~nd ~v~r. P+Y+bN M s~id MORTGAvEE u its interest may appew. and sacA and ~very such Policy sh+ll b~ pranptly as:~ned u~d delivK~d w
~ny F.a1d by s~id MORTGAGEE q furtMr ~tcvrity M said moc~ap~ debt. u~d. ra~ kss than tM (~0) days in advanu of the ~ap~ra~ion of sach policy. to d~-
I~v~~ ro a•d MORTGwGEE • r~wal ~hawf. fo~etFwr wiiA a recapt iw the pnmium of svch renewatj and tF~u~ sh+ll b~ ra f'u~ a wind~tam inHp~nu
pi~ced on uw oi said buildi~ps, u~y inte~at tMrs+e~ w p+~t tM.eof. un!eu in tl+e form and wi~h ths lass payabl~ as +(or~sa~d: ~nd i~+ ~Fw ~vN?t +^y su'^
of mon~y beoo~ paYaW~ w+dK wch polky or policias s+id M~RTGAGEE sMll Mw d+~ oprion ro rec:iw and spply tM s+rn~ on ~coow?t of th~ ind~bted-
ness Nswed hK~by w b permit aaid NWQTGAGOltS to receiw artd us~ N w any psrt thereof tw othc~ puryoses. wi~kwt ~hKeb~ waivi~9 a~np+k-
+~Y ~b. ~i~n a riy.ht w~du « by virtw o/ this monyape: and in the event w~d MORTGAGORS sh+U Iw ~ny reason f~il to keep ~he sa~d prKnises so
insured, p f~il b dtlive~ prornptl~? M~y of taid politi~s of i~csuranu to said MORTGAGEE. w fiil promptly to pay fully anr prem;wn therefo~ ot iet any
respea f~il b p~rforeq, disch+ry~. ex~a?t~, ~ffad. comptet~. comply wi~h and abid~ by this oove~unt. w sny put hKeof. aid MORTGAvEE msy pl~ct ~nd
P+r foi wd~ 6aura~ a ~nr Wn the~eof withoW w~ivirg a~ffectinp anl? ePt7on. ~iee. Wu~h. a r~ph~ under w by virtw of this Morroape. and the
full w~owN of each and ~wry wd? paymeet sMll b~ knrnediately du~ uid pay~bb ud sh+ll b~a~ G+terest fran t1+~ dat~ tMreof wuil paid at tM raN of
n~ne par antum pw wwrm and roga~Mr with wcA in+aest ihaN be secured by th~ li~n of this mort9a~ee. i
To p~tmit, aoawoit or wff~r no wssN. impsirmenl ot deterio-ation of wid prope~ty ot +~y P+r1 thrreof. ~
5. To p+y ~II and ~iepular tht cwts, charpea and sxpenses, ioch+diny a?e+son+ble atraney i fe~ and costs of abstracts of titl~. 4+cw•~d or p+id ~
sn•~ ~irn~ by uid :NORTGAGEE, because a in tl+~ ~vent oi the fa~lure on th~ pu~ of the said MORTGAGOR a dvly. promPty and f~lly pafwm, dischu~ !
~XKUtP~ ~ffeq. oomp~an. oomply with and ab~de by e~ch u~d every the s~ipulauons, agreeinent~„ conditions, snd cownants oi said p?omissory no» u~d thw ;
morr4+f~. +n~? or atha. ~nd s+;d coats. cMrpss ~nd eapeosea, each and ewry. ~II b~ immediatety due uid p+yable: whetMr or not ther~ b~ ~.oriu dr i
mand, attempt lo tolktt ot wit pe+dingt and the full s~~wunt of each and eva~y wch psYmc^t shall bear interett from the d~te thereof until paid al the
rare of nin~ pa? centvm per rwwm; u~d all aaid oosn, cha~~s and expenses innxred or paid, rogether w~th such inter~at, sh+ll be s~cwed bY th~ Iw~ of thn t
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TO~roi~. ~
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6, ih~t (s~ in tht twi?t of ~ny brsxh of this AAortgape or default on tA~ put of the MORTGAGOR, or (b) in th~ event u~y oi s~td wms of mary
hersin nf~rred ro M ~W p~ompt~y +~d fvlly paid within thirty (3(?) d~ys next afta ~he same severally becorn~ d~x and p+ysWe. wi~hou~ dsmand or no~it~.
or (c) In th~ ~wnt ~ad~ ~nd every the stipulatio~, agreamenn, condifio~s s~d mven~nri o( sa~d promiuwy note and th:s mortg~Qe ~ny w atl+er ue n01
iuly, pcomptly and futly pariormed. d~xMrged. executed, eifected, comp~~ted, canplied with and ~bided by, tMn in ~isha a any svch ~wnt th~ s+id ~
prs~at~ wm mentionad in s~id promisso~ry note then rem~~nin~ unpaid, with imerest acuued, and at1 mw~ey+i eec~red hereby. shall becane dw and p+Y
abl~ twthwitl~, or th~rsaker, ~t the optan of said AIIOfETGAGEE, u f~lly and canpletely as ii att-of ~he said iumt of ma~ey wer~ aipio~~h s+~pula~ed
to be paid on wch daY. mythiig in sa~d pra~i~uwy nole or in th~s Moripape to the ca+rrary no~wirhsund;rg: and therwpon a thereaher ~t the op~an of
s~id MORTGAGEE, without notice a de~n+nd, wit a~ law w in equiy, the~efae ar ihereaf~er begue, may b~ prosecuhd af ii sll ma+eys secvrad her~bY
h~il rtwhxrd piot lo iq institution. _
71at ln th~ svent that at :he beginr?ing of w at sny tim~ pending any wit upon this Matg~pe, o? to forecbse it, or to mfam it, w ro enforp
payment pf any daa~q here~nde?, ssid MORTGAGEE shall spply to the Cant having ju~nd~ion thereof fa the appo~ntment of a Receiver. wd~ Court sMII
forfhwith appoint a?ac~ive~ of sa' mat~sgcd property alI and sirgular, includ~ng all and sinqvl~r the income. p~ofi~s, iswes and revenues i~om wiwtever
wuru deriwd, tath and ewry o~wh;ch, it beinp expreufy understood, is hereby morfgaged ss if specifically xt fwth and described in the prantirg and
habendum claus~s herwf. and such Receiwr sh+ll have all ~he broad and effective funct~ons a~d powers in anywise entrusted by a Cou~t t~ a Receiwr. and
•uch appointment shall b~ made by wd~ Co~n ~s an ~dm;tted eqvity and s matta of absolu~e ~ight ro said MORTGAGEE, u~d w~~hout reference to th~
adpuacy or inad~qwcy oi ths wlue of the properry mwtgaged or to the sotvency or insolvency oF said MORTGAGOR w the defendants, and that such
renrs, profin, inoome, awes and reverwes sh~ll b~ applied by wch Receiver ~ccwd~ng ~o the tien or eqvity of s+id MORTGAGEE and the practic~ of such ;
Court. "
& To duly. pranptly s~+d fully pe~form, d'~scMrge, ex~cute, effect, eomplctq complY witA and abid~ by exh and w~y ths stipulatioes, agreemenn, i
conditiOns snd toven~nn in said promitsory note ard this mottgaye set forth. ' r
9. ?hat M th~ event th~ owoership of the mortgsged premises, a any put thereof, bec«nes vssted ie a paaon other th~n the 1NORTGAGOR, tl+~ '
MORTGAGEE, Hs wccesson and aui~ns, m~y, without notice to the N10RTGAOR, dcal with such urccessor w iucces~w in interest with refer~nce to this ?
mo~tgs,~e and the debt hereby secwed in fhe same manner u with Mwtgago~ without in any v.ay vitiatirg a diuhary'~ng the Mortyayws' liability he~t
under or ~pon the debt hereby secu~ed. No ssle of the premises Mereby mortgaged and no fubeuance on the p~A of 1he 1NORTGAGEE w its suctessws
or a~syro ard no exrensan ot the ~ime i~r the psymen~ of ~he debt hereby secured 9iven by the MORiGAGEE or in successors or assiyns, sh+~~ oper+~~
ro release, dxMr~, modify c~rge or effect the wiginal liability of the MORTGAGOR t?ere~n, eitl+er in whole w in part.
10. It is s~xc~P~cally agreed that Nme is of the eueiue of this contr~ct and that no wirver of any obl7gat~on hereunder a of ths obligation se-
cured hereby sh+ll st a~y tune thereafier be held to be a waiver oF the terms hereof or of the ~nstr~ment secu~ed herby.
11. In add~tion ro the forego:ng monthlY paYments of prirK pal and interest ~equ~red by tl+e prom~sswy note secured hereby, mortgsgw covenann
and agrees to pay to mortgsgee with euh mon~hly payrnrnt an add~~anal sum esttmaeed by mwtgsgee to be eqwl W 1/12 of ~he annual cost of the folbw-
ing:
A-AU real property taxes kvied or assessed against the above desc.ibed real esrate.
B-Premiums on fire a~d windstorm inwrance as F+erein requ:red to be carried o~ the improveme:+ta s~twte on the above described premises. 3
C-Premivms on wch mwtgage gwranty inwrar,ce as mortgagee shall from t~me ro ti.ne deern fit to carry o~ the ban secured hereby.
Mortyagee shatl from time ro time notify mortgagor in writing of the amount d~e and paysbk hereunder and such wm shall therevpon be due and
Fayable on the due date of the next mo~thly payment and exh successive month thereafter urtil mutgsgee shatl rarify mortgagw of a chsnge in wch
emount. Sucl~ sums sh~ll be ~pplied by mort9sgce toward the payment of real property taaes, inswance prcm:wns, and mortgsge guaranty inwr~nce
premivms.
IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hsnd and seal the day snd year fint afoiesaid.
Sigrnd, ed and ' ered in the preaence of:
~ ~C ~s..n
~
- ~--n
~n
~ ~
STATE OF FIORIDA ~
SS.
couNn oF St . 7•ucie
sef„e ~„e ~„ny ,~„~d Henr~ ~ L.etirrenee .~+d
BA t t~ J_ LaW2'@21@ B his wife, ro me well known and known to me to bs
rhe individwb desvibed in ~nd who exewted the foregoinp instrumant, and adcnowfedged befae me thst they executed the same for the purposes
therein ~xpr~ed. Arwl ths s~id RA t~~ f. T AvT'An CA
wife of ths s~id upon s sepsrate and privats
examination by me tsken separate and epatt from her ssid usband, adcrawledged to ~nd befwe me that she executed said iintrument freely and volun-
rar~ly uid viritlw~t any oanpulsion, ooosaaint, appreFronsion~fear of a from her said husband.
WITNESS my lund u~d official tesl this day of _ nBCAmhar A D. 19.~_
~ Notary P in snd fw the St~te of florida ~t lupe t
~ My ,uan e~es: s
Retwn Ta ~
~ Firsr F.da..1 Savirgs 3 toan wssociar+on IYOtery Publ~c. ?tata of Roride at L.arg~
Of Fort P7erce. • • ~,7~ 1Ay Corr+m~seion Expir~s Aug. 6, 1967 ;
• Forr P~eroe. Flo.~da Bonded 9Y Amar~can Suroty Co. of N. Y. ~
FILED AND RfiCORO~D ^;;J`: v`: ;
f,'
S
T. L
UCIE COUNTY. FLA,: TM
RE RO VERIF~.D - ` ` ~ - -
d~-~-~ r ~ ~ ~ ~ _ = ~
+ ~2 • S I~ ~ ~ E<'~ = ~
~ 66 OEC 19 PN ~.J,;;;~r'
1~~~~ ~ ' i
RaG~.
CLERK CIRCUIT COURT ,
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- goox 161 PACE 55~ ~ '
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