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To pba ~nd ooiMrwo~aN kMP on ~M buildG+ps now « Mnaft~r sihraN on Ntd laed w! on ~11 ~q~lpn~nt ~nd pKSOn+~b oovw~d 61? t~t+ ^~~0'
~s7~, wi~A aM pnmFxM tMrwe p+id in full. fih insw~na in th~ viwl s~andard po1M? fa~t, M• aw++ approwd bY tM lNORiGAGEE. and wind~fann
Inswa~a In th~ ww) qa+~rd politll fonn, M~ awe approwd bY ~h~ MORTW?GEE. M wcA comP+iry or aa~p~ni~s a th~ MORTGAtiEE n»r
dinctl w~d dl Hn ~+d wlnd~lonn hauantfl pdicia on N+y of s~id byildinp~, ~ny inhrat th~r~N a pat tMrwf. h tM apprepaN w~+ ~Mns+fd o~
~n •xaa Mwnof. ~MII oomain rM ww1 u~nd+rd narq+~ davw o~ wd~ o~Mr d~ a tM lNortyapN m+tr nqu~n. m.ktnp tM toss wida s~id po~1~
cNa. ~ad~ aw! ~wry. P+Y~W. ~o s.id MORTOAGEE •s in M~a.esf n+•y appw. ~nd ~ad~ ~nd ew~Y sueh Pe?ief? ~MII b~ panptly as:qe»d and d~liwred ro
•ny hsld by s.id MORTGI?GEE a funMr NewNlr ro s.id maep+p~ d•bti and. oa 1~ th~n an l1~ daya In adv~na of ihe •xpir•rion of ~ach Rak1l. fo d~ -
liwr ro wid MORTGIIGEE ~ nMwal thwwf. 1o~tl+K with ~ na~ipt for tM praniwn oi wd~ nn~w+ij and tMn ~hrll b~ ro fin a windsrorm insw+no~
pl~ad on ~ny ~ wW butWinp~. any intaat tMnin or pa?t tMrwf. unlas io tM form uid w~~h ~M los. Payabi. a aknwWj and ir? ~h. ~wnt ~ny wm
of mon~y beoews pa1NbN wd~? axh polky a polieNs wk! MORTGI?GEE shall haw tM option w naeM and ~pply tM wm~ on aaaMt of tM ind~btd~
rns~ wcw~d Iw~by a b pwmit wid MORT(3AGOR5 b?eoeiw and us~ N a~ny p~rt tM~eof fw othe~ purpo~a. without ua.eby vraiviny a impah~
irp any puity. U~n a ripht und~r a by vinw of tN~ mo??9+q~t +~d i~? tM ~wet wid MORTGAGORS sball fa aM? nawn fail w kNp tM s+1d Pnmis~s w
iruund, w f~il to d~liwr p?amptir ~ny of t+id policiws ol inw?+nu M Nid MORTGIIGEE, w fsi! pranptly b piy fully ~ny pnmivm N?~nfor a in ~nr
r••p.ct f.tl a p.rfonn, e~ischar~., ac.a,t~. eff.a. wmpht~• eomp~r wifh .nd .b~d. by N+a aov.n+nt. or any part A«.of. safd MORTW?GEE mar p~+a~ +nd
P+Y fw wtJ~ MMw~rw~ a~ny part th~rwf without w~ivMq or ~ff~ctinp +n~? oPtion. li~„ puity, w ripht w?dK a by virtw of tNs Monpap~. ~nd t!K
full +mowd 01 ~ach ~nd ~vMy wd~ p~r~t shill be imnedi~ttly du~ and psyaW~ ~nd shap b~ar intKpt fran th~ daN tha+wl ~ntii pad at tM rat~ ol
nin~ p~t antwn pn and top~ther with such interest sl~atl b~ secured bY tM li~n of this nwrqapt.
4. To p~rmit. aonwnit or suff~r oo w+tN. h+Wimwnt « d.terioration of taid propaty or ~ny part tMrwf.
S. To pay all and ~M+pvlr ~M aoab. chup~s +^d ~xPen~. includinp • nasonabl~ ~ttwney's f~e snd oos» of ~ban+cts of titl~. IrKwnd a paid ~t
any tinw br aid JNORiGAGEE, baww a in tM w~nt of tM f~ilw~ on fFr put of ~M s~id MORTGAGOR a duly. P~o^~P~h? ~nd fv11Y PMfa*n, dathupR ,
~xecu». ~ff~ef. aompkb. oon~lY with aed ~bid~ by ~+eh and ~wry tM sY~pulatioro. +p~s~enems. eonditiora. and aown~nn of said promiswry ~ob ae+d thu ~
mort9p~ aMr or ~itl+M. and ~aid ootb. cMr9a and ~xpu?ws, ~ach and ~wry. ~11 b~ inwnediately due ~nd p~y~bl~~ whetFw or not ther~ b~ notia dr
m~nd, athmp~ to oolbct a wN p~ndugt aed tM full amount of wch and wKY ~ Wr~~ ~++11 bsa. int~ns~ from ~he dar~ rMreof w?tii p~id at tM
rare of nin~ pK a++tum p~r anw~n; and sll wid ootts, chupea ud sxpeiws hrcwnd or psid. top+tha with wch int~?at, tMll b~ wcured bp tM p«? d Mi~
mortpaQw '
6. Th~t W in the ~wm oi amr bn+d~ of this Morqay~ a d~fault on the p+rt of tM MORTGAGOR, c? (b) in tM ~wnt ~ny of wid wma of ma»y
h~rdn nf~n~d to b~ ew pranptly and fuly p~id w~thin thirty t30) d~ys ~wx~ ~fta~ th~ sam~ se~erally bscom~ dw ~nd payabb. witFaut derrwnd a notia.
or (c) In tFw ~veM ~ach and ~wry th~ stipvl~tions. +~e~rt~e^ts. conditlons snd cown~nts of sald praniswry no~~ and tlws morty+p~ ~nY a~itM? ~n no1
iulY, Pr~P~I? and fully pKfonnd, disd~arped, exKVtsd. ~fftcted, camPle?ed. comP~iwd with ~nd ~ti~ded by, tMn in eitha or ~ny wd~ ~wnl tM said ~
prpat~ wm m~ntar»d in s~id promis~ary not~ thsn rem~inlnp u^Wkl. wirh inter~at accn+~d. ~rd all moeKy~ s~cw~d.lwnby. sh~ll b~oome dw ~nd WY
•bl• fonMvifh, or tlwr~aftu. at tM optan of said MORTGAGEE, ~s fuly and canpl~t~ty as if ~11 of the said sues oi ma+~y vwn a'p'uN~ly stipulated
to be pak! on wch d~y. anythinp tn wid p~aniuory noM or io tNs Ma19+D~ to tM contr~ry notwithstandinp: snd the?«ipa+ w ther~ahK at tht opian ot
uid INORTGAtiEE. withotrt notiot w d~mand. wit d law or in p~ity. tFn?~fon or tF?asahs? b~pun, nwy b~ prawaqd u ff ail moe~y~ ~evnd liu~by
Mcl matund pior 1o ita irotitvtan.
7. Th~t in tM ~wM that at tl~ beyimug of or ~t any tin~ pe~xtinp u~y wit ~pon this Mortyap~. w to foncioN M, os w nform h. a to u+fora~
paymN?t of any d~irm lweunder. wW MORTGAGEE sMll spply ro the Courf havirg jwisdKtion thenof fw tM appanunMt of a R~ivu. wch Caxt shsll
Forthwith ~ppotnt s tKtivK ofs+~ mottpap~d prop~rty all and tirgvla~, indud~rg all and sinyvlsr tM inconw. p?ofitt„ kaws and nwntiq from wMt~vtr
wurc~ d~rived, ~sch and ~wry of whrch, N b~i~+p euprassly vndsntood, is hereby rnwtg+ged u if apedfiully set fonh and d~wib~d~M thi yrantirq and
hab~ndwn daw~s herwf. ~nd wch Reo~iwr sMll Mw ~II the bwd ~nd effsctiw functions and powers tn u~Ywis~ entnnted bY ~ Ca+rt t~ a Rao~ivu, and
~uch appoG~tm~nt shall b~ m~d~ by wd+ Caxt u an ~dmifted equity and ~ malter of absolut~ right to s+id MORTCaAGEE. ~nd wirhout nferw~o~ to tlw (
edpuscy Ot Mwd~qu~ty ot th~ valw of tfn prope~ty morlpa9ed or fo tM solventy o? insdvencY of said MOltTGAGOR or fht defendsnts, and fhat wth ~
rer.ri, profi~a„ inconr, htws and rw~nws shall b~ appli~d br wc#~ Rwive~ accordinp w tM 4sn or p~?ity of aid MORTGAGEE and tM practio~ of such ~
Couvt.
8. To duh?. P~^P~b ~nd tutb W?form. disch+~. executi, effecr, eomplet•, aomplY with ud ~bid~ by s~d+ ~d ~wry tIN stip~l~riorw +p?~t~.
conditions and to~rsn~nts in said pran4sory nwe ~rd this mo~tpap~ stt farth. ' .
9. il~at in th~ wmt tM owns?skP ~~^~9+~ P~• a? +^Y P+~ tFw~pE, beoom~s wat~d in • p~rson wl~ th~n tM MORTGAGOR. th~
MORTGAGEE, Ms suco~ssws and auiaru„ may, withov~ eo~ice to tlr MORiGAOR. desl with such sucuswr w~ucc.~~a in inta+~st wtth nfenr~oe ro this
mortya~ and tM deW Mr~by secw~d in th~ sam~ man~ u with Morts~pot wnhout tn a~y way vitiatinp a d'isch+r~inp th~ Mortqapa~' liabiliry Mrr ~
under a~on tM d~bt I~~by secwed. No s+l~ of the premises hereby matyap~d and no forb~aarw~ on th~ pan of tM /NORTGAGEE w its woc~sson
or assipro ~nd no exteesian of tM tirn~ fw the payment of the d:bt hsreby secw~d 9iwn bp the MORTGAGEE a in wcoason a as~g% ~hall opu~t~
to nleas~, d'acMrye. rewdiiy chanp~ w aHett tlw oripin~) liability of tlw MORTGAGOR herein, ~itMr in wlwb w ln psrt.
10. It b specifk~lly apnd tMt tim~ is of the euena of tha caur~cr and th+t ~o w~iwr of aey obli~ation h~raw~der or of th~ oblipation sr
cured Mr~by ihall at any tkn~ tMreah~r b~ hdd ro be ~ waiver of th~ terms herwf w of the imuwneot secw~d I~by.
11. In add~tan to the for~go:og monthlY paymc~ts of princ'pal and interest rcquired by tl+e praniswry ~ot~ tecwed hereby, rnortysyor oowe+ms
and ag?kt to pay to morty+yee with each monthly payment an ~ddirion~l sum estimated by mortgpee fo b~ equal w 1/12 of the annwl cost of ths fdlow-
in8:
A-All real propertp taxes levied or sssessed ~gsinst the sbove desuibed real est~te.
B-Premiwro on fire and w~torm wuwance ss here~n requ~red ro be urried on ~he improvem~nn sttwte on the above described premis~s.
C-Premiums on wch mort~ag~ yuarmty insurance as matg~gce shatl from t~me to time deem fit to u?ry on th~ loan ~ecured hereby.
Mortpaya~ sMll from tirn~ to tims notify matgagor in writirg of the amount due and pay~ble Mrew~der ~~d such wm shall thereupon b~ due and
; payable on ths due d+te of tM next monthlY p~yment and e~ch succe3sive month thereafter until mortgapee shall notify mortgagor of a chanps in wch
~ amount. Suth sums shall be applied by mortys~ee toward the payment of real property tazes, insvrance prem:wns. +nd mort~sye ywrantY inswance ,
~ promiums.
IN WRNE55 WHEREOF, the s+id MORTGAGOR hss hereunto set his hsnd and seal the day ud r first afor/~
Sul~d and ivu in tlw pr~senc~ of:
~
J n
~n
,
?STATE OF ftORIDA ~ t
3t. Lucie
courmroF
e.fo.. m. p~non~uy.pp....a Guy K Qreoo .ea
AA ~ Al'1 D~ reg,g_ h~s w~re, ro„~e we~~ k~ow~ ~~+d k~wwn ~o m. ~o b. ;
rhe individuab d~seribed in and who ~x~wted the f« instrun»r?t, and adcnow{edped beforo m~ tF~st thsy ex~wted ths same for the pvrpwss i
th.rein s~Md. Md tIN lai~ ~en D• ~Y'egg °
wifa of th~ s~id ~u~ K. Qregg - ~ a separste u~d priv+t~ ~
examinstion bp m~ qlce~ ~epuaM snd aput from he~ said husband, adcnowladyed ro and befon me that she exeevted s~id instrvment fiedy u~d volun- !
tarily ~nd withoul any oompubion, oonstrirH, apptel+~e?sior4 ot fw of w from Fw pid Iwsb~nd. L' _
//~t d~y of A. D. 14
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WITNESS my h~nd and official seal thK ~ i
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. ~_YI~. ~I~~iv _ ~
. s r,~,..r w~k ~«~a
r e,. s,.t. n~~.
_ My Conrniasion ~xpina
RNwn Ta. ,•••~~Wt1~y~ ~ .
firtt Fad~nl S~vinps i Loan As~oci~tion ,.••'~(Z 0~ ~Ofldi it ~if~
q•••••,•;~`~ ~Ar G.~asio. E~iru S~pt. 23. 14d!
of Fon ?ie.ce. 4 _ : . i~ ,
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ROGEa POITRI?S 0 R
~~aK ~~RCUI7 800K 164 PACE 6~9
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