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To pl~a M+d aontiw~wudr k~? on ~M bvild~ ~aw a h~naftK M~„ab on s~d tand ~nd on tU ~qui~? and pMwiwib aw~«! bt? thi~ ~at~
with ~M MNnon p~k! in ~vU. fie~ iiw+r~nc~ ~n 1M vswl p+idard Poticy fwe1. in • sww +pprov~d bY 11N MOR~GAGEE. ~rd Mrindttonw
inwnno. w t~ s~~ndae~d polity fwa~. i~ ..we +vaowd b~? th. 1NOrtTCiACEE, w+ wd~ rarpany or ~omp+ni~ « N+. MwtGNGE! n~.r '
dinctj ~nd ~II fin wd wind~wnw Yaw~na Pdici~s m•ay of wid bi+~ldr~p~, ahr inN~at ~Mrsie or part dssnof, in tl+~ qarap~N wn~ ~1or~s+id or ~
in ~ Nnno% ~11 ooena3n ~ uswl u«~dwd enorroa~ .9a~ or wd~ othw dw~ a tM Mapape~ m+]r ~qu~, ~M ba urdK ~aid polti I
ccs~. ~ and w~Y. WYaW~ a wid MORTGAGEE a in in~snst e+~y app~v. and ~acA ~nd ~ve.ry wd~ polic~r aAal1 bt praepth? as~d and d~liwnai ~o ;
any Mid b~l ~d MORiGAGEE a turtMr a~cv~hr to said morg+p~ d~bb and~ no1 ip~ MWn Nn (101 d~ys in ~dvana of tl+t ~xpiratia+ of aach VdicY. b dr :
liwr b~ MORTGI?GEE ~~wa1 ehenof. lopetha wirl~ a na~pt fw Nr pnmiws of wcl~ r~wal: ~nd d~n ~M11 b~ ew firs a winrbwrm iiaura~u ~
plaad an ~n~r of said butldrq~, ~n~? intu~st tMr~in a pKt tM.wf. wdas In the !onn ~+d wi~h N» loss p~rabM a~ afons~idj and in th~ ~v~nt ~ny wiu
of nq~»y b~oonws p~yabb wda wdi poNty a~ politia wid JNORTGAGEE sMN h~v~ th~ option w nuiw and ~pp~iy IM s~ on ~caount d/M ind~Wed~
n~st s~ctiird hM~by w b pwmit ssid MORTGAGORS !o npiw ~nd uN h o~ aMI pirt Nisr~of fw o1hs~ purpos~s. witha¢ the~eb~ waivinp a in+p~iro
~+^Y ~b• li~n or ~IM unda or by virtu~ vf dss niortyap~t ~nd in IM ~wn1 aid MORTGAGORS sMll fa ~I ~+aon fail b k~~p tlr wid pnmis~s w
iruwd. a fail b deliwr panp~h? +np of s~W polic~s of i~nur+na a~d MORTG~IGEE, os fail pr~hr w p~r fuU1? +i+Y P~«^~ tha~Ea a h a~y
rNp~ct f~il b pKfatnl, disd~. unaut~. ~if~d. aomPlNS. comPl~? wi11? ~nd abid~ b1r d~is aovw~aru, or +n1? W~1 said MORTGAGEE ~y pl~oe +nd
P+r fa wd~ tnw~~ a~yr p+rt Nwnof-without w~ivinp a aff~dinp !nY aMptloa li~n, puitlf• or ~ipht w~d~r or by virtw d this Mw~9+~ and t!w
fult anwuiN of Nd~ a~d ~wry s~Kl? Wp+n~N ~MII b~ ~~1shr du~ and piyabl~ and thill Ow intKW ftom th~ daN tMr~of untq p~id ~t fM raN d
nirN pM OMIw111 pM a1rN/11~ NM~ 10~ltMr wiM l11th M?tNMt ~il) bf NcVfM~ by f1M 1~11 of M1it nl0ttpiQ~.
4. TO qf11111~ OOIIM111 Of NIf}N Iq MNlh. ~Qiv111Mt Of f~t~Nl0faf1011 Of i4d PfO~IN1y Of M~r pifl 1~Nf~Of• _
S._ TO Piy ~1 Mld i~11~11~Y t~N OOt1~. C~1i!'ON i~lf~ t%pMqtl. i11C1YdinQ i fNfOAi~ ~tkKf1ly~f fN NM~ GOttf OF ib{ffiCb Of fi1~ NQNIld W~iid ~M
~ny tinrb~? said MORTCaAGEE. b~taus~ w h th~ ~»nl d ths f~ilvn on th~ prt of the ~id MORTGAGOR to du~Y. P~W~Y ~uY Pw~«^~
exscuM. ~ffacf. aompl~f~. c+anV~Y wi~h and ~id~ b~r ~sch and rnry tht stipulatiw~, a~n~meros. conditioro. and oown~nts of said promissory noh and this
ma~4+D~ a~ry a~iM~r. and wid aosb. cMrqs ~nd sxpua~ti wch and w+ry. slwU b~ imrwdi+tdy due ~ed p~yabl~s ~wh~tha a rat tMn b~ notio~ dr
m+nd, u~t w odlM or wrH p~nps arid th~ f~ll anwueN of eacA aid wery wch p+ym~M J»II besr intuest fran th~ d~b IMrtof wNil p+id N th~
r:~e of nin~ p~t antwn p~r +nw~ns ~nd ~U said co~ta. ch~r~e+ +nd exp~ras inaxnd or piid, topNhK with wd~ im~na6 shaU b~ s~a+nd b~? tM Iwn of Mi~
U
~?b~ } _
b. Th~f W in 1M ~wM of aey btwch oi this Martyep~ 9~ default on th~ pvt of tht MORTGAGOR. or (W h t!w w~nt Mn/ of ~id svnq of ~y 4
h~r~tn nhrrd 1o b~ not pranptly and fvlly pud within tlwry (30) d~ys next afta tM s~+e severally becorn~ dw ~nd payable. w?thout d~m+nd a notia. ~
or h tM ~wot ~ach ~nd w~y t!r aipulaHoro. +~~e~na, conditian ~nd cown~ns of ss~d promissory na~ and tlws morpap~ +nY w Nrha ~n na ~
iuly, prwnpdr and fvlly pKio~n~d, dhc)w~ed, ~x~cvad. ~fiect~d. oompleted. eomP~ied with snd ~bided by. tl~ In ~itha a~n~r wd~ werM tM wd +p~ 1
prpah wm m~ntiawt! in said protniawry iqh tlxn rem~i^irg wii»id. witK inNrest ~cuued. and ~II morwys s~nrnd_ l~u~bY. s1~11 bseant dw and p~p ~
~bl~ fortlrwNl~ o~ th~rwftw. at the option of ~id MORTGAGEE, as tully and complNely as if ~II o( ths s~id suaa of moMy w~n orpin+lly stipulaad
ro b~ psd on wch d~y. ~ h said promiswry nw~ a h rhis AAw~y+y~ ro ~h~ aonnary eawi~Mtu~di~ +nd thK~upon « Mer~aB~r at tM oWion of
•~id MWITCsAGEE. without notio~ a d~ene~d auit at law or h pvity, tl~enfon or tMrsaher bgun, auy b~ pros~art~d as lf dl ~noe~ts s~aKd !»nb1? -
had m.nx.a prio. w a. inaitwiw~. .
7. ThN tn tM ~v«?t ~t ~t tlM b~imin~ of a st sny tim~ pe~+dr~p sny wit ~pa+ tha Morty+y~, o~ w ~w~c1oN A, w to nform M. w to ~nforc~
P+Yrrwnt of ~n~? ~airm Iwraw~da, s~id MORTGAGfE Jull apply a tht Caxt IMVieg jwisdietion therwf fa tl~ appoinbMnt of ~ Rsnivs~, wth Court th~ll
forthwith ~ppoieN ~ neeivM of sai~ ewrf~ped ProP~etY +11 u~! singulM. indudug ~tl ~nd sinyulu tM inco~n~ profiq. bs~q snd nwrwes lran wh~twM
•ourc~ d~riwd, e~cA a~d ~wry of wh~ch. it beL+p eupressly wders~ood, is Fwreby mortgaged a if ~pecifiully set forth ~+d tl~w~d in tl+i pr~nwq ur!
hab~ndwn clau~ Mnof. ~nd wd~ Reoeiv+~ shaN haw a11 the broad and effectiw functi«n and povre~s in ~nywiw ~mrust~d b~? ~ Court p ~ R~aiv~r, and
.uch appolM~nt ahall b~ m+de•by wch Caxt +s an admitted equify +nd a matter of absdute rgh~ fo sa~d MORTGAGEE. and witlwvl rsfsne~o~ a th~
adpwc~r a kwd~qu~ey of th~ wlw of th~ propaty mort9+~ed w to the sohrencY w insolvency of s~id MORTGAGOR or tM d~fMdantt. ~nd th~t wch
rents, prOfllr. inoorM. Ru~s and rwawa sh~Y b~ sppied bp wcb Receiver aoootdrg b th~ lien or ~quiry of s~id MORTGAGEE ~nd tM practio~ of wcA
Covrt.
8. To du~Y. P~PNY ~~Y P~~m• ~~?y~. execvte, effact, oomplete aomplY with and ~bid~ by ~ach ~nd ~wrY th~ stipulaYwnf. +yn~nwnM, ~
~tiora ad aownants in stid pramissary note and this mortyape se~ forth. ' _
9. ilrt tn th~ w~rM the orrnenhip of tM mortgaped premises. or ariy pxt tFoereof, bemrnes vestad in s p~rto~ oth~r th~n the MORTGAGOR. tF~
MORTGAGEE, ih woaswn and suipra, m~y, withou~ eotice w the INORTGAOR, deal with s~xh woc~ssor or w+cassor in iMUest with r~fenna ro this
mortQap~ and tM debl i~enby sacw~d in the sa~m m~mer as with Mortgspa without in any way vitiatinp or ~sd~eryi~g tlw Mort~apws' Wbility her~
under w upon tM d~bt her~by setured. No sale of tM prcm:ses hcreby maty+ged end no forbwana on the put of tM MORTGAGEE w ib svoce~sors
w auipns snd no ~xtension of th~ time for the p~ymait of the debt hereby sccwed yiven bp the MORTGAGEE or its wooessws a assip~s„ shall op~rat~
to rel~asy dadurp~, modifp tiw~p~ or aifect the aiginal lisbility of the 1MORTGAGOR hereiq, either in whole.w in p~rt. _
1Q h b ap~cifiully preed that time is of the es~enee of this cootact and N~st no waiver of a+y obligation h~nunder or of ths obtlp+tion ~s- }
cvr~d ~y ahall at aery tim~ tMrafi~r b~ held b be a waivar of th~ tums h~eof a oi the imtrurnsnt seaw~d Mrby. E
11. In addition fa ths forego3ng monthh WYmer?ts of princ"pal and in~erest roquired by the promiswry note secured hereby, mo?tpsgor oovsnants
and ayrsq b pay to morlpapae with e~ch ma+thtp psYment an sdo~~an~l su~n esr~ma~ed by nw.~9ayee ~o be eqwl a t/12 of rhs a~m,+l coa of N~. fdlow-
iny: . . .
A-Al) nal prop~rty taxes levied or assessed apair~st the ~bove descr~bed real esqte.
B-Pruniw~m on fire and windstam insunr+oe as herein requ~red to be curied on the~improvements snu~te on the above desa~ed premiks. ;
C-Pr~luens on wch morty+~ pwranty inwwnce_as mortgage~ shsll from t~me ro time deem fit to carry on th~ loan secwed hereby. ~
'r Mo~rt9~Qs~ slull fran time to time notiiy mortga~or in writing of the arnount due and payabk herewider and suth sum shall thereupon b~ dut uid
payabk on th~ due date of the next monthly payment ar~d each successive month thereahe~ until mortgsge~ shall notify mwtgagw of • dwrgt iA s~
amount. Sud~ swRs sh~ll b~ ~pplied by mat~sgee wwud the p~yrnent of real property t~~ces, inwru~ce prem:ums, and mortps~e ywruup inwr+no~
~ Premium~.
' IN Mid MoaTCJ?coR has= hereunro aef his hand «d se~l tf~. d+y and re+r finr ,to..s.id. ,
in th~ pre~ano~ of: ~
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STATE OF FWRIOA . ~ - ~ (
St. Lucie ~ " t
courvnr oF
~„~y Tt+~rrv H. Al hri ttnn .nd
Ro se IYI. Albri tton hi. vii,re, to me r„e~~ known .na wwwn w me w b.
the ind~vidwfs d~sa~d h and who sx~whd tlw iwsyoiig irutrumwM, ind aciuawkdp~d before nw that tlMy ~x~amd the s~nr for th~ purpaas
s,~«:„ ~ ,f,..,~a Roae K. Albritton
w~fe of th~ ~id Jerry N. Albritton • ,~a P.~„a
examinatan by mer takeo s~parat~ and ~pxt hom her said aduwwbdyed b and beforo me th~t ahs e~cecvld said irotttwnent frsely and volun~
tarily ~rd witlaul anp aomp~bio~• aor~shaint. +PPrehsroion.ho~~~of w from har s~id husband. i
WITNESS my hand and official swl a~ ~ d,,, ~ Deaemt?ar c. 19 66 ~
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' _ , Notsry P~bP.c in ~nd fot th~ Stste of Fbrid~ ~t larps
~ . . Mf? Co~anission ~pir~
Return Ta NOttry PuW'i[. SbtE ~I f~olidi s! la~qe 1
Fim Fd~?d Swirgt l~ lo~n As~od+fion
P~- FILED ANO RECORDED ~uyr C~mw~ss~oa Expra No.. 3. 1969
~ r~n P~., r~?~d+ ST. LUCIE COUNTY. FI.A~ ~..a.e ~r F:. a c....w c..
RECOR~ VERISEO . -
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'66 DEC 27 AN 10 ~ Z~ - - : a a ~ '
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C~,EpK CIRCWT COURt ; ~ ;
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0 R ~6~ PACE ~~6 - j ~3 -
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