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To plac~ and oo~uinuoush? Iu+P on ~M buildinps now a Mrsafw utush on uid I~nd s~~d o~ ~II puipr~? ~d p~non+~hr aownd b1? ~s narq~
with all pnmiwn~ ~hu~on pud in fvil, fin i~suranc~ ~n ~M uswl uudard pW~cy forrti in ~ iwn approwd by tht MORiGAGEE. and wi++dsarn~ ~
tncw+na M th~ uswl ~~~la~d pol~cy farn. N• sum apprwcd by iM MaitiGl?GEE. in wch caopany w wmp+n7es a th~ MORTGAGEE w~ar
d~rsd: N+d all fir~ ~nd windtwrn? i~?swar+o~ po~~ues on u+y of w~d bu~idwq~, ~+y inNnst tlw~tin a put tt~~of. in d?~ ~gy.pa+t ~wn ~fort~id or f
in ~xass tM~wf. ~MII con~~n ~M uwal st~+dxd mwtgapr~ claus~ o~ suth othK dws~ ~s tM Ma~~a~N m+Y rWuK~. m~?iny dK toss w+dN sad po1F ;
uea. eacb and ~wry. WYabl~ w s~id MORTGAGEE as ib interat moy apptar. snd each and tve~r ~uci~ polity aMll L~ promptlq ass-p~sd and dslivt~ed to ~
•ny Mld by s~id MORTGAGEE ~s fwthw sstwiry ro said mort~sg~ deW. and. nW kss 1Me qn l~0) days in xlva~ct of th~ erp"uation of tach oclicy. to d~ ~
i;ver to said MORTGAGEE a nnew~l thKwf, topaMr wi~h a rece;p~ fa ~h~ par.wm of uezh renc,nal; and ~Mn sMll be no fu~ a winds~o~m inswanc~
placcd on ~ny of s~id buildinps. ~ny inte?~sl ther~~n a pa~t thereeF, vnku in ~hs fo~m and wi~h t!~ lou payabl~ as ~fa~wid: and 'u+ the ~vsnt sny wen ~
of Rwnyr beconNS p+rable w+d~r wch policy or pol~c;es said MORTGAGEE ahall Mw tM op~~on w rcce~w u,d ~pply rh~ sarn~ on aaoum d tM ind~bred- i
r+ess stcu~~d !wlby a 1o permit s~id M(3RTGAGORS 10 ~etciw and us~ it a any part tAereof Iw other purpos~s. witheut the~eb~ waivi~~g w impair-
t~9 a++y p~itY. ~isn a riyht w~da u by virnu of this mrxtqpe: ar:d in tht ~ve~?t a~d NIORTGAGORS shall (a any ?eason fail 1o keep the aid premists so
~~sured. or fail b d~livar promptlp any of sa:d policies of inswance w sa~d MORiGAGEE, or f~il promptly to pay fully any p.emiwn ~M~reia w io any :
, espect Eafl w puiwn4 dixhsry~. ~ncuf~. ~ffM. sompkte. canplY with and ab~d~ by Nds covenant, a ~ny put hereof, said MORTGAGEE may plau ~
psy for wcfi inwranc~ w any p~rt thsrtof wiihovl wahrirg w ~Hectinp ~ny option, lien, p~ihr. o? ripht ue+d~r or by virtw of this MortQa9e, and tl~t
tuu smowu of ~ach ~nd way such psym~nr shall b. ~mmed~uay dw aod p~yaW~ ~nd sAall bear inreres~ fran 11+~ dat~ the~eo( until pa~d a~ th~ raa ot
n~ne pe~ ca?tum pu arrwm and topaFwK-wi~h s~ch interest ~hSll be secv~ed by ths Ifan of this mory~.
1. To permit, coemrt a wff~r no wastt imps'ument or deteraration of ~aid property w any put thersof.
5. To pay ~II and sinp~lar ths coah, cFwpes u~d expensss, inclvdinp ~ reasonable attwney i fes snd oosts af abstracts of titk. iecv.r4d o~ paid at
eny ti-s,~ by said IYIORTGAGEE, becsuss or in tAe ~veaf of the failvre on th~ part of ~Fk said AIORTGAGOR fo duly, p?anptly +nd fuily perionn, discha~
e:aut~, effect, oompt~t~ compy with and ~b:d~ by oxh and every the stipulations, aprcements, cond+'tion~, u~d cove++ann ot u~d prom7ssory no~~ +nd ~Iw
mortypf ae~ Or tither, u~d ~aid oos~s. ch+rpes and expensas. each ~+d eva~y, ahatl be imn+ed~ately due ~nd payabla: wl+sther a not tlm~ b~ r.otin dr
mand, snNnpt fo oollact a wit p~~din~ ~nd tM full amount of each and evay auch p+yment shall L+ear intenst from th~ date thereof until p~id at tM
rere of niew pt~ qntum per wwm; and atl sa:d costs, chuyes aid e:penses irKwr~d or paid, toyether with such inter~st, sMll b~ secwad by tM Iwn of thp
rnartpap~. t
6. ~t in tM ~wnt of ~rry b.each of this Mortyape or defwlt on tlu psr! of ths MORTGAGOR, or (b) in tht evem ~ny of s~~d a~xns of mon~y ~
her~in nhrted ro bs not promp~ly and Fuly paid within th~rty (30) days neat afier the same seve.ally beco.ne due uxl payable, wi~hou~ demand w notice.
or (d In tM weet esch and ewry th~ sNp~rlatiom, agreements, c«ditans ard covenanb oi ssid praniuory note and th~s mo~ip~pe any w ather an no1 }
iuly, promptly and fully pHformed. d~scF~arged, execu~ed, effected, completed, compf~ed wirh ~nd ~bided by. thtn in either a ~ny such went tl~ said ap~ F
greyate sum awntionsd in s~id promistwy no~~ then rema~ning unpa~d. with intNeft KUUld, ind all moneys secured. heroby. ~II becwne dw +nd palr ~
abi• forthwith, or tFwsaftN, ~t the optian oi said 1NORTGAGEE, ~s fully and comple~ely as if ~II of the said swns of moe~ey vvNe orgin~ly st~pulated
ro be pa7d on wch daY. ~nytlM~g in sa;d prom7uory raro w tn ~his Mwtyape to the conrrary nowr~rhsand~ny: and fhereupon o. the.eafter at rM op~~on of
e~:d INORTGAGEE, withoul nWio~ w demand, wit at law a in equity, thersFors or ~hereaiter be9w~, msy b~ protecvted ~s if dl nwnert s~wnd I+ueby
hed matund p~ior b ib imtitvtion. '
7. Thd in fM ~vent that at tM begia?i~g of or ~t ~ny tims pendirg any wit ~pon this Matgsge, ar to forsclos~ it, o~ fo roform if, a to enforp :
paymcnt of any dain+s Mrwnder. said MORTGAGEE sh+ll apply to the Court h~viog jurisd~ttion therwf for the appoit?tmenl of a Reteiver. wch Court shsll ?
forrhwhh ~ppoint s nceiver of s+~ mortpayed propKty all and sing~lar. includ,ng all and singulu the incom~. profit:, iswes uid rev~nucs f~om whatev~r ;
~ource d~rived, exh and ~wry o wh~ch, it beirg expressly understood, is hereby matgaged as if ipec~fically ~et forth and desuibed in thi qr~ntuq and
habendum ctaoses heraof, and wch ReceivK shall luve ~U the broid and effecrive funcna~s arK! powe?s in anyw~se entrusted by a Couh tp a Receiva. and
~~ch appointment ~hsll bt made by wch taxt u sn adn+itted equity snd a matte~ of absolute rigM t~? said MORTGAGEE, and without nferenc~ ro tM
adcquacy or ie?~dequxy of ths v+lw of the properry mwtgsged or to the savency a:nso~~er+cy of ss~d MORiGAGaR or the defeodants, and that such
renn, profits, income, asues and rwenues sMtl be applied by such Receiver accordiny to th~ tien or eqviry of said MORTGAGEE and the practia of such
CouA. -
8. To d~ily, prornptly ud futly perform, d'acharge, execute, effect. compkte, complY with ud abide by each and every tM stipulation~„ aprsanents,
conditans and ooveoana in said promissory oote and this mortgage set fath. ' ~
9. ih~f in fl+s evsnt the owne+ship of the mortgsyed premises, w u~y part thereof, becanes vested in a person other thsn tM MORTGAGOR, ths
MORTGAGEE, its successors ~nd auiyrn, may, witlw~t ra~ice to the MORTGAOR, ded with sucF~ successor w~ucc~saor in interest with rtfer~nce ro this
mortgaQe and the debt hereby secured in the same ma~v~er a~ with Mo~tgagw w~thovt in ae~y way vitiating a dischuping the Nbrtyagors' liability hert
under or upon the debt hereby secured. No sak of the Fvemises hereby mortgaged and no forbearanca on the part oi the /NORTGAGEE w iri suctessors
or atsigm and no extension of the ~iiae for the paymem of the debf hereby secured ~iven by Ihe MORTGAGEE or irs sucussors w auigns, sh~ll operate
ro rele~se, disdwp~, nad'ifp cMnge w affect the wig~nal lisb~liry of the MORTGAGOR herein, either in whole or in parl.
10. It b specufically agreed that tune a of the euence of tha contr~ct ud ?hat no w~iver of any obl:gatan here~nder o~ of the oblip~tion se-
cvred he~eby ~hatl ~t any fime thereafier be held to be a waiver of the tem~s hereof a of the instrwnent secured herby.
11. (n add~tion to the forego:ng rtwnthly paymmts of princ:pal and interest required by the promissory note secured hereby, morfgsgor tov~~snb
and agrees to p+y to mortgagee with each monthly payme~t an addirio~al sum es~7mated by mortgsgee to be eqwl to 1/12 of fhe annwl cost of the follow-
ing: -
A-All resl property taxes kvied or assessed agai~st the above desvi4xd real es~ate.
B-Premiums on fire snd windstwm iruwance as hcre~n requ:red to be urried on the improveme~ts sitwte on the ~bove dexribed prerri~ses.
C-Premi:u»s on such mortgage gwrartty insurartce as mortgagee shalt from time to time deem fit to carry on the ban secvred hereby.
i,Aorty:gce shall from time ro time noGfy mortgagor ~n writiry of the amoum due and pay~We hereu~xle~ and such wm shall thereupon be due and
Fayable on the dve date of the ne:t monthly payment and each successive month thereafter ur.iil mortgagee :hatl notify mortgagor of a charge in such
amount. Such sums shall ~ie applied by morrgagee towud the payment of ieal property taxes, inwrance prom:ums, and mortgage 9uaranty insurance
~ p~emiums.
IN WRNESS WHEREOF, the said MJRTGAGOR has here~nto set his hand and seal the day and irst aforesaid
~ Sipnad ~5~ led u~d de ed ' tM presence of: ~
/ w ~n
~ ~
n.,ry
STATE OF FLORIDA ~
~ couNn oF St. Lucie
Befwe me penon~lly appeared Harry 0. Horne ,,,,d
Bonnie L. Horne ~,~,;r~, to me well kea4m .~a ~ m~ m b.
the individwb de~oribed in ~nd who execvted the fore9oirg instrw~ent, and stlcnowkdged before me that they execvted the same for tl+e p~rposes
therein e~[p?~sfed. Md fhs sa~d Bonnie L Horne
wife ef the seid _ A8T'I`V AOI'Tl@ trpa~ s sepsrafe and privsM
exam~nation by me taken sepsrate and apart from her said hvsband, acknowledged to and befora me that she executed said iintrument freely and volvo-
~ rar~ly arid withovt sny cc~+pubion, constraint, apprel+eruan, or feu of w from her ~aid husband.
WITNESS my hand and officisl sesl thi• ~ 71~" day of ecember A 0. 19 66
- Notuy Public in , for the State of Fforida at Lupe E
My Comniuan e:pires:
Retwn Ta. Z - = ~ . y~~,
Fint Fldenl Sivinps 6 Lo~~ AssocisYwn •y~~ . ..~~1 P~IC. SUt! Of F~Ofldi il VfQe
= • s~W
Of Fwt P~erce. _ ~ : ~ ~A01YISf10~ ~ 23. 196Y _
Fo.t Pierce. Flwids _ J 4` c~ • w.~.s M~+~ r.. a c.+.aUr ce.
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~ FtLEO ANO R~CORD~~`- : r _
~ ST. LUCIE ~VER~EDU~ . ,
aECORD
~ 1 t. ,
50958
'66 OEC 19 PM tZ : 51
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~LERK CIRCUIT COURt EOOX~6~ pp~ 5~ ~
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