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To plaa and oontiiwo~sly kep on tM buildinps ~w~w ar hK~aftK utvab on said I~+d s~+d on ~II eqvipmeM aid pKSOn~~hr cow~~d bY ~^~~P
aq~. with dl p«niwns tMnon paid in fuq, ftn insur~nu in tM vswl st~ndard policy fan~ in a awn +pprowd by tM MORTW?GEE. ~nd wind~tor~
h?w~ M th~ wwl usndud pol~cy fan~, in • wen +pproved by the MORTGAGEE, in wch oon+p+nY' a+ ComP+^i~ +s IM ~MORTCrA~iEE mar
dinct~ ard all iin ~nd win~btom+ iraw~nu po~icie~ o~ +n1? of said build~npa, any inM?yt thersin w pat 1M~eof, i~ tM aypn9+~~ wi^ ~fonsak) a ,
tn ~xua t1+Kwf, ~Fwll cont~in th~ uswl u~ndard mortqa~ cla~ a such otFwr clwa a_ th~ Mon~aqN may rpuir~. ~n+kinp ~h~ bas uedM a~id Pdl'
d~s. ~ach ~nd ~wry. p+r•b1. a sad MWtTGl1GEE as in tnte~a~ e?ay •ppear. snd exh ad ~very such policy ahall be p~amptir as:9ned and deliwnd w
•ny hdd by s+id MORTGAGEE u fwrhK sawity ro wid mort9ay~ d~bt. a~d, oot le~ th~ ten l10) daya in advana of th~ eapk+Yan of ~sd+ policy. ro dr
liva to ~id MORTGAGEE a nnrw~l tMnof, topaMr wirh a ~~uipt for tM pnmiutn oi svch nnew~lj and tMn ~h+ll b~ no fin o. windstam i~awaoa
pl~ud on ~n~r of wW butMlrgs. ~ny inta~q tMnin o. put th~raof. unku io tht form and with ~M loss p~y~bl~ u ~fon~sk4 u~d in tM ~vtet ~+y swn ;
of monty b~co~s payabl~ w~ wch policy a polici~s s~id NIOkTGAGEE shall haw ~M option ro nc~iw and ~pply tM sa~n~ on ~aovm of tM tnd~bt~d~ j
neu s~ew~d Mr~by o? b pamit said MORTGAGORS ro naiw aod us~ it p any put thereof fw otF+a~ purposes, without tha~eb~ waivinp o? impair- ~
Iry any puiry. li~n a ripht w+dN w by virtw of this n+ortpap~s +nd u+ tl» ~vent uid MORTGAGORS sh~tl fa se?y nasoo fail a k~ep tM s+id pnmaes io ~
insurad, o. r.n a d.aw? ao~y .~+y o~ s+fd Pol~ies of insura~c~ ro said MORTGAGEE, or f~il promptly ~o pay fuly ~ny prNnivn+ tM~~fo~ a in ~n~
r~~peet f~i) b p~r(or~, d'aeh+rp~. ~x~eut~. ~ff~et. eaenpl~b. tomP~Y with ~nd abid~ by tl~is aov~n+nt, or +e~y pa~t hKwf. said MORTGAGEE may pl+u aed ,
P+Y for sud~ inNxa~u a u?y p~rl tMrwf without w~ivinp ar ~ffMinp ~^Y cWioe. ~Nn, pvitY, or ripht w+d~r or by virtc~•~of M4s A1at9a~, and tM i
full amount of t+ch ~nd wery wch p+yn~t thall M im~di~tely dw and py~bb and ah+ll bear ie»reat from tly dat~ Mer~of until paid ~t th~ r~N ot i
nir» pK o~ntum pu ~rw~wn ad topether wit!? wch hterest shall be secvred by Nw lia~ oi this mortp+p~.
1. To p~rmh. oonwnN or wffu ao w~sb. GnP+i.ment or deterar+ran of said properry or any part tl?ereof.
S. To p+y all ~d sieg~lar tM oosh. ch+rpa ~nd expenss~, includirg s reasaubl~ attwney's fet and cosn of ~bttncts of titl~, i~cvrc~d or paW a~
•ny Yun~ by wid MORTGAGEE, b~uus~ or in th~ ~wnt of tM failvre on d+~ part of tl+~ said MORTGACsOR to duly, prompty ~nd fully p~.form, disch+~
~xecut~, tff~q. oompl~tt. oomply with and ~bidt by ~+ch and ewry the stipvlationi, apreements, conditiau, and cown+nn of said promissory oot~ +nd thu
+^~9+W +~Y o? e1tMr, and s~id aost~„ cMrpes and ~xpero~s, exh snd evary. shall be ima+edia~sly due and pay~blr, wheth~r or nW there b~ notio~ d?
mand, athnipl ro cdbtt a wi1 pM~di~ +nd tM full amwnt of sach and evMr wch p+Ym~nt shatl bea? inhnat fran tM dab Nkrwf wuil p~id ~t th~
rata of nin~ p~r centum p~r anw~; and all s~id cwn, ch+rpes and exp~nses inaured w paid, topether with svch iMaesb ~h+ll b~ s~tund by th~ li~n of thif
rnor~p+Y~.
6. Ttwt in tM ~v~nt of any bnsch of tNs Mortgay~ w dehult on the part of the MORTGAGOR. a(b) in tM ~wnt any of s~id awns of ewmy
he.e~n ..hrr.d ro b. nw prompry .nd h+lly pad wirhin ~h~.ry (30) d+ys next sfter the same avers!:~r bacom~ dw and payaW~, without d~m+nd a notia.
or W In th~ w~nt ~ach and ~wry tM ~Npul+tio~a„ ~yr~sments, conditioos and coven~nb of satd promiuory ~ots and tha mort~aq~ any w NtMr an eo1
iuly, promptly and fuly p~rfornwd, dwcharped, exewted, ~ffected. compl~ted, complied with and ~bided by, then in ~itl»~ or sny s~ch ~wnt tM s+id ap~
_ prp~N wm ma?tion~d In Nid promissory not~ then r~ini V~ii~ witl~ I~ItNf3f KUUld, it~ all maieys a~nxed. Mreby. shdl baaon» dw and p~y-
ab{~ fonhwitly or tMrwfta, ~t tM option of ~aid MORTGA~EE, as fully ~nd completely as il ~II of the said swns of nwoey vwn o.'p'urlly stip~bud
to b~ paid on wch day. anythlnp ln said pron+issory eote or in this Mort~~ge ro tM conuary nawi~hsfu+dinpj snd tlwn~rpon o? ther~aha N tM option of
~~id MORTGAGEE, without notia w demu+d, wN ~t I~w w in equity tIllftlOf! Of ~INfNftH beyun, ~n+y b~ pro~ecutd as if all maKys wcund Mnby
had matund ptb? b ifs irotituti0n. . '
7. That In tM wa~t tMt at the beyinning of or st any time pendirg sny wit upo~ thh Mwtyay~, w to fonclos~ h, w to hfonn h, o? ro enfora~
payment of aity d~ims h~t~und~r. s~id MORTGAGEE sh~ll apply to the Court havinp jwisdidion thereof fw th~ appointment of a R~ceivN. wd~ Cour~ sh~ll
Forthwith appoinf s noeivu of si mortp+ped prop~ny all and singular, includ~rg all ae~d singul~~ the inoome, profits, iuws N+d r~wnw~ from what~wr
wurc~ duiwd. ad? and ~wry ~whicl~, it beirg ~xpressly understood, is I+ercby mo.tg+ged +s if speclfiutly set fath and dac.ib~d ln thi prantinp and
het»ndwn clawa iKnof, ~nd such Rauiwr ahalt Mve ~II the broad snd effecrive furxt~ons and powers in anywiu entrustad by ~ Co~n tp a Reuiva, u~d !
wch appoinh~ent sh~ll b~ made by such Court ~s an admitted eqvity ~nd a matte? of absol~te rigM ro s+id MORTGAGEE, ~nd without ~efKenu to th~ f
adsquacy or inad~quacy of the wlw-of tlw properry mort~sged or to the sohrcncy or insolverKy of s~id MORTGAGOR a tM defendsnn, and that wch j
rents, profit~. Inoon», Itaws aod r~venues sh+ll b~ applied by such Receiver accordinp to tM lien or equity of said MORTGAGEE and tl~e pnuio~ of wch +
Coun.
8. To duy, promptt/ and fully perfam, discharoe, execute, effect, oomplet~, comply with and abtd~ by saci~ uw! ~wry tFw stipulatioro„ aprMnwnt~, ~
ca:ditioru and oovtn~nn in said prombsory note and tha mortgsge set forth. " . 1
i
9. Th~! in th~ twM fh~ .own~rship oi the mort9+~~ P~~^~, w+~+Y W~t thercof, becomes wstd in i~ otl+ar NWn the MORTGAGOR, th~
MORTGAGEE, in tucauas ~nd usipra, m+y, virithout rat~ce to the MORTGAOR, deal witi~ such successw or ~+cc~s~or in interest with rtfer~nu to this '
mortga~~ and ths debt hareby sttvt~d in ths sartie mamcr ~s with Mortgagw without in~ ~ny way viti~Yug or di~tMryinp iM Morty+pws' li~bility hsrf
under w upp~ tM dsM F~ereby se~red. No iak of ths p~em~ses Ixreby mortgsged and ~+o fabearanc~ on tM part of th~ JNORTGAGEE a in wa.eaon
or stsigrq and no ~xtension of tF~ tlme fw the payment of the debt hereby secured ~rven by the MORTGAGEE o? in urccessors or usiym, slwll opuat~
ro r~lea~, disd~srQ~, modify tMrg~ or sffect the origin~l liability of the MORTGAGOR herein, tither in whob or in part.
10. It b tplcifiully apreed that Yune is of tM essence of this conhact ~~d fhat no w~iwr of agy oblig~tio~ h~r~w~der or of th~ oblipation sr ~
cursd Mr~by ~hsll at any tim~ thereaher be held to be a waiver of the terms hereof w of tlr ir?strument secw~d herby. ~
11. In addition to fhe fwa~o:ng moMh1Y paYments of pri~c:pal and interest requi~ed by the promissory nott seturtd hereby, mortyagor tov~rwMs
and ~grea to psy ro mortyapee with each monthly payment an addirional sum est~mated by matgagee to b~ equal to 1/12 of the armual cost of ths follow-
ing: !
A-All real property taxes kvied or assessed against the above described real estate. i
B-Prani~xe~s on firo and windttorm insuranp as F~crein requ~red to be urried on the improvements situate ol+ tM sbove desvibed pemiset.
C-Premiums on wch morlqaye ywranty inwrance as mwtgagee shall from t~me to time deem fit to urry on the (oan secured hereby.
Mortpap~e ahall from time to time ratify mortgagor in writiog of the smount due and payable harevnder and suth wm shsll thereupon b~ dw and
~ payable on ths due date of th~ next mo~thly payment and each successive month thereafte~ until matgagee shall notify mortgagor of • ch+nps in wch
~ amount. Sucl~ sums ahall be applied by mortyagee tow~rd the paymem of reat property ta:a, insurance pem.umt, and mo?tyaye pwru+fy inwtu~ce
~ premfums. , ~
f IN WITNESS WHEREOF, tiw ssi MORTGAGOR has hereunto set his hand and sesl the day and ar fint aforesaid.
' ~wd, ~~bd ud ~U n 1M ~ ena of:
n
~
~~1 Yr~_ ~ ~
;
rs...n
5TA?E OF FLORIDA ~ .
St. Lucie
courm oF ~
,.'~~~jlil!1:71 ,
7 M Jenkins a sin le adult
eefo.. m. p«.oe.Uy .pp.a.ed ~ ~ ~ `~ll~~;. ~,..i~
~76~1(fe, ro me well knowti'{n~d,kHbwn 1a't~6D ~hi
tha individw desaribed in and who ex~aded the foreyarg instrvment, and ~cknowfedged before m~ tFwt tl~ef exearted tl v.~prra fo? 1h?;p~p~__.
lherein ~xpr~swd, hA •
~a~aecn~ac.u~ . -
~~~~~a~i~oc - ~ ` ~ , - ~
~1 !~4 •
~ 1
WITNESS my h~nd s~d offkisl stal day of r'ir , A. 1SV -
. 'i
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~ Notary Public in•snd fw fM Siafe of Floridi'i~''Gt{j~''• .
Mr Carrniuion ~~cpiresu:~,_-_ ~
Retwn Ta ' "v"7 P~K• S~f! ~ Flptjd~ it
Finf F~a1 s~r~rgs l. to«~ waoc~+r~or~ 1~11? Commissiou facpires Nov. 3. 19~69
Of Fort Pier«. :
Fort Pierce, fbrid~ - so~dW ~r ~Wnca~ fia i c~swry ~j ,
' ~~~A ANO ~
- - sr, ~uc~~ R~CORpEO i
_ ECORp
VUNTY
• ERIFlEO~`---~
t
- , ~ _ ~l JAN s pM ~ :
. . _ ~~~s.~2 °s
_ ~ J C~ERK CIR ~ T R:•S
~ r~~ aooK164 PacE 1~~'~RT_,~.~ .
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