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To pi~ u~d ao~wu~ly kNp on tM buitdM~p~ eow a IwNha wt~raN on ~id land wd on di p~~iqMn1 ~nd pK~a+dh ao~wnd b1? tAi~ na~t~
ay~, wiih aN pr~n+h~m~ tMrwn p+id in fu14 ftn inwr~nc~ in ~i» wwl su~dud policy fam. N• wen approwd by tM MORTGAGEE. and windtronn
kaw~na h tM wwl •andwd policy tann. in . iwn approwd M? tlw MORTGAGEE. in wd~ ~anP+^r «~P+^~ a tl» MORTGAGEE m+Y
dintt~ and ~N An u+d wind~wrm Mavwna Pdicia on ~ny o~ wW buildinp~, M+h~t th~nin o. part tlw~wf. in tl+~ +p~?p+~ ~wn ~fwss~id or
In •xaw tMrwf. shall conutn ~M wual uand+rd mo.~~a~w daun or wd~ aha dws~ a tM Mort9+~ m+Y nquin, makM~p tM Iws w~dK ~aid po1E
c~~~. Neh uid ~very. wr•b1. w aW MORTGI?GEE a tn te~.s~ m~y app.+r. ~nd ~ach ~nd ~wry sueA poliey ~hall b~ proenptly ass:pn~d ~nd d~livK~d fo
•~y MW by uid MORTGAGEE a fw~h~r ~.owiry ro wW mor?~+p. d.b~. .nd~ na I.~s ~hw+ an ltOf dar~ .dv.oa oi ~M .xptr•tion of .ad+ voKct~• ro dr
I~~.. to Mid MORTG/1CsEE • rw+~w~l tMnof, wp~dwr with • nwipt fa th~ pr~n+iwn of wd~ ?~v?r+lr uid tha~ :FwU b~ no fu~ w windi~am inw~+na
pl~ad on ~ny of uW buiWirp~, any bta~st tMr~in a put tFwrwf, unbss in tM fwm ud with tl» loss p~YsbM N dorN~W/ ~nd (n tIN ~wM ~ny ~w+~
of mon~r b~aomN payabb w~da wd~ po1M? w polid~s said MORIGAGEE sh+ll haw tM op1'an ro r~aeiw and ~pply tM s~ on ~coount of tM k~d~bt~d~
n~u Ncw~d Mr~by a w p~nnit ~+Id MORTGAGORS w ne~iw and us~ N or ~nY Ps?~ thereof for othe~ purpos~s, without thaeb~r waivfnp a imp+ir
irq any pvity, (Nn w ripht wrdn ot by vktw d this nwrt9apet M~d in tM evMf wid 1NORTGAGORS sMll fot ~ny nason f~il to keep th~ s~id pnmis~s so
insu~d. a fal) b d~liwr P~~hl a^Y of ~aW polkia of kawano~ ro said MORTGAGEE. a tail pranP~N b WY Wf~1? ~^Y P«+^w^^ thw~for a in arir
r~sp~et fdl b paiar~, dbelw~pt. ~x~wh~. ~ff~et, tamplN~• oomPN with and ~bid~ by tl~is aov~e?b ~+~Y P+~ Iw~of. s+W MORTGAGEE m~y plae~ and
p+y for wd~ Mwwa~o~ o~ ~np part tMr~of without wa3vMg a afF~cHnp ~nY aMion. li~n. puity. or ~iphf undu or by virtu~ of this 1Nort~ap~. u~d the
full amawN of ~ach ~nd ~wry wd~ p+Y~~t ~MII b~ Mrw~mdi~Miy du~ a~d p~y+bb a?d d++ll bwr intKat from tM d~N tMnoi untU paid ~t tlr wN ol
nin~ pw pnhwn pN s~wwim and toptthtr witb sud~ intN~at ihall b~ t~tw~d by tM of tl+is mottp+~.
4. To p~m~it. oommit a wff~r no wa~ imp+ir~t a deteriwation of ~aid propKty a ~ny p+rt tMr~of.
S. To p~y all and ~~pubr tM ooat~, d++rpa ~nd ~xPMSe~. indud'wip • nasawW~ attorn~y's ie~ +~+d oosn of abmacb of titl~. incwr~d a p+td at
any tirtN by MM MORTGAGFE. bKM~M O~ b1 fh! ~vMt Of /M t~ilw~ on th~ Wrt d th~ s+id MORTGAGOR w duly. p~anP~h ~nd fu1H P~a^'~ ~
~xecu», ~ff~eb aomPNN~ oomplY with w+d ~bid~ by ~~ch ~nd wKy fh~ stipu~ationy ~pr~emenls. t+onditionb ud aown~nt~ of s~id promissory nof~ ad thif
~a+0~ ~Y a~irFw~. and s+id cwa. dwp~+ ~nd ~~pen~. e~ch ~nd ewry. ~hall b~ inwMd'ut~ly dw and parabNt wMrMr a not tl,K~ b~ no~ia d?
m~nd. ~thmpt to aoll~et a wN p~ndinpt and tM full aenown of taeh. snd wKr wd~ p+ym~nt sl?~II b~ar int~rat fran tM d~t~.tMnof w?til p~id ~t th~
?~r~ oi ~ pK antum pa x~w~ent arw! all s~id ewn. chu~s and ezp~roes L+cwnd a patd, fop~tMr wi~h web Innr~at, slwll b~ s~cw~d bY th~ tiu~ of thi~
mcr?C+Ow
6. Th~t in th~ ~v~nt of ~ny br~ach of N~is AAo~yap~ w d~f~~lt on th~ put of th~ MORTt3AGOR. w(b) in th~ ~w~?t ~ny of s+id su~m d narwy
h~nin r~f~n~d to b~ not promptly and fuly p~W whhin Ihirty t30) day~ n~x~ aRer tM sarne teve+aly btcom~ dw and payablt. wf~hout d~nwad a notia,
or In tM iwn~f ~ad~ and ~wry tM sNpvlations, ayrNn»nn, conditiaa and ~on of ~aid praniswry nob ~nd Nus mwtpp~ am a ~ithK +n no1
iuty, Praeptly and ivly pKfam~d, dacMrqad, ~x~cut~d, ~ffected, canpl~ted, compliad with and abided dy, tMn in ~itha a any arch ~v~nt tM said p~
Qrp~t~ awn er~tior»d In said promissoty reoh t1~ nmaininp ~nP+id. with intaat +euu~d, and a11 montyt wt~r~d. Mr~bY. shall b~oonN dw ud P~Y'
ab1• forthwith„ w tMrwftK, at th~ optan of said MORTGAGEE. ~a tvlly ~nd compl~tely as N dl of th~ s~id swn~ of morwy vwn apin~tly stip~bt~d
ro be paid on wd~ day. amrthinp In wid promissory oot~ or in this Maqap~ ro tM contrary notwitMundirg: +nd thsnupon a ther~~hM at tM option of
•eid MORT~311GEE, wiN~ou~ notio~ or demand, wit at Iwv or in pvity. ~he~.for. «~hw.fn. b.~un, nwr b. p.wecvid .s ~f all mon.ri s.ow.d h.r.by
haa m.h,..a prwr w u~trmiria,. .
7. Th~t !n tM w.nt tMr .t tM b.yinntrg of a.t any tim. Pen~inp +nY wit upon this Mo.p.p~, a w fonelw~ M, w w nform A. o? to enfo.ca
payrrKnt of wqr d~i~rr lwr~~. wid MORTGAGEE sMll apply to the Cowt h~vug jurisdiction therwf fw tM appointmMt of ~ R~ceive~. wd+ Cow~ a!~!1
Forthwith appoY+t s nuiwr of q1~ mort9apd propKty ~II u~d sinpvlar. kKlud~np sil ~nd sinpvlar tM income, p~o(its. i~sws +nd nvMws fran what~w? ?
wurc~ d~i~wd, tach and ~wry of whicR N beirg expnssly w+den~ood, u I+Kaby mortys~ed a if apecifiully ~N forth aod dewiMd h thi q?antinp ~nd
hebendum da~aa hK~of, a+d wch Rsceiwr shall haw all the broad ~nd effective funct~a~s and powen in ~nywi~ ~ntnnttd by ~ Court p a Reuiver. ~nd ~
such appotnMwnt aMp b~ rtwde by wd~ Gaxt as +n ~dmined equity ~od ~ m~ua of ~bsdvt~ ripht ro wid AAORiGAGEE, and wi~hout .r•f.r.nc. ro ~h~ ;
•d~qu~cy a in~d~qwqr of the v~lw of th~ p~operty mwtp+~ed or to th~ soh~ncy a iniotvsncy of said MORTGAGOR or tM d~fandantt~, anr tMt wd+ #
renn, profib, kioon», hsws +nd rw~nws sh~tl b~ applied by wch Receiwr accordir?p w th~ liee or putry of s~id MORTGAGEE and tM practic~ of such
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8. To duly, promptly and fuly pafwm, dischar~, executi, effect. aomplet~. comply with and ~bide by wch ar?d wety tM sY~latioeu~, a~rNnwnts,
conditiont and covenanb io s~id prom4sory noN and this mort~sp~ sN fotth. '
9. Th~t tn tM w~nt tM oMrnenhip o# tM morty+pad Premises, w+nY P+h tF~eof, becanes wst~d tn ~ p~rwn otMr th~n th~ NIORTGACOR, th~
MORTGAGEE, i1s sucwssors u~d suiym, may, wi~hout notice to t!w MORiGAOR, deal with such wcc~sw or ~wr in imar~st with nfersnu to thb
rr.ortype and tM debt IKnby s~cund In tM sare» m~n~er ~s with Matgapor without In ~ny way viti~tap or d~schar9inp tlw Mort9~port' li~bility !Nr?
und~r w upa~ tM d~bt Mr~by securd. No ul~ of tl+~ p?emise~ hereby rwnp+ped ~nd no fpb~arN+ce on tM p+~ of tM MORTGACaEE or hs s~xceason ~
w auigro u~d no ~xt~nsion of t!~ t4ne for N+~ payment of tl+e debt heroby ucured yiwn by tM MORTGAGEE w its succ~twn or ~saipm, ahall opa~t~ ~
to relaue, d'athatpe, nwdify d?~+~ a affect t}se wipinal lisbility of tFw MORTGAGOR Mr~in, ~ither in wlwb o? ln p~rt.
10. It b sp~dfically apn~d th~t tirn~ h of tM ewnce of this contrsct uw! tMt no wdwr of ~ny oblipatan I+Kevnder a of th~ oblipation s~
cursd Fwnby ~hall at any tfrM thaeaft~r b~ Mld to b~ a w+ivar of tM tenm hereof a of the irotrumant Narnd Mrby.
11. In addition to tM for~go:np monthly psyme~ts of princ'pal ~nd inteiest reqvired by th~ p~an~uwy nore secwed hsreby, matpagor aownaMs
end syrMS to pay to mortya~~ with e~ch monthly payment ~n ~dd~rional ium est~mated by monq+~t w b~ pual to 1/12 of tM urwal tost of tiw fdlow-
;r~;
A-All rtal prop~rty taxes kvied or asscssed apainst the above dewibed re~t esrate.
B-Promi~ms on fir~ u~d windttwm insursnu aa herein requ:re~ to be carricd on the improvemcnn sitwt~ on the abov~ tkwibsd premi~es.
C-Premiwen on wch mortyag~ pwranty insurance ~s mort9syet thsll from t~me to iime de~m fit to urry on tM loan secured hereby.
f Morty~pe~ shall from time to time notify mortgagor in writir~ of the amount dw and pay~bk har~~x~der and such sum sha0 theroupon be dw and
~ payable on fhe dw dafe of th~ next monthly payment ind e+ch suocesiiv~ ewroh theroafter u~til mort9~ee shall notify mortgsgw of • chanp~ in suth
emovnt. Such stxm ~Full be ~pplied by mwt~ayee toward the p+yment of r~d prop~rty uae~, irovrsnce prem:wns. ~nd mwtpape ~var~nty in~wance
~ premiums.
IN WITNESS WHEREOf, tM ~aid MORT6AGOR has herevnto set his Mnd and seal tM day and yw fint afwe~id.
Sipn~d, Swl~d ~nd dsllwnd in tM pr~sa~c~ of: .
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1_La~
/ ST TE OF FLORIDA
~ St. Lucie } ~
ourmr oF
~ P,,,a,,,~y,~ Joae~h Patrick McDermott ~
C a the rine E l len McDermot t hi, M,;f~, ,o n,. ,,,,e~~ k„own ,nd known „ m. „ b. ~
rhe ind'nidwb d~wib~d in and wl+o ~x~cvt~d th~ for~poinp instrumaN, and ~duawledped befar~ m~ that tFry exewted the s+m~ fw tM purpwa ~
~h~•~ei~ .,~..,~.d, ,n„d ,i,. ..,a C a the rina El lan McDermo tt {
wife ~ +h. ~.b Joaeph Patrick McDermott " - „~«~,,.P...r..~,d ~
exam~naPan by ms t~ksn s~parst~ and apart from her said Iwsband. ~ckewwbdped w and b~fon m~ that shs exacuted said instrvmem heely and volvr~ '
rerily ~nd withwt any con,pulsion, carotraint, appreh~ra7on, or fw of w from her wid Fwsb~nd. ~
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WITNESS my hu+d and offidal s~al thiL TH d~y of •j8 U8Y' A. D. 19~ }
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•ry PuWic in and fw ths St~te of flaida at tarp~
Retvm Ta t~~~~.~~~!+.ec:;~~~~` ~MY Gonrniuion ~npina:
- ~ ~ i, ~ - N01~ry tY~K. SW! 0~ ~o~idi i~ ~ .
Fint f~al S~vGgt d~ Loan As~oci~tion ~ ~i i . ~ (p~sio~ E~A~s ~ 1965
Of Fo.t Pierce. 6~%. a.+.r s. r~.. a c.~.+~r ce-
Fort Pieru. Horida ~ 4 ~ f-~~
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~ c • " ~ t) , ~J t . :~~C ~ F~
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= ~ ST. ~~~ANO RECOROEO ~
' ~ - :,~y - ~ Q : ~L;~ E E COUNTY.
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aooK164 P~E 345 CLfFRK CIRC ~T ~
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