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S. To plaa +nd contLwo~n1Y kMp on tl+~ buildinpi now or I+K~aha utv~t~ on s~id land ~nd on all pulpnwm and pNSOn+Ib covar~d by thb matp~
~p~, witA dl pnmivmt thKeon paid in fvll, fin {nsurance in th~ usual s~andud polky form. in ~ iwn +pprowd by tM MORTGAt'sEE, ~nd windtronn
ir»w+na M tM wwl uandard policy forn+. in a ~um apprw~d by iM MORTGAGfE. in wd~ cwnp~.,y a~ oom~»~iN a tF~ MORTGAGEE ~+y
dir~ct~ ad all fire ~nd wind~wrm inwxanp polich~ on inY of wid build'inp~, any intN~t rMr~ln w put tl~wf. in tM apq~s9+t~ ~wn afot~id at
le~ ~xpq 1Mnof, ~Mli contafn th~ ~w+l st~ndard mortgagN clavs~ w such otl~ davw u tM Matp~ may rpuin. m+kinp tl» Iws w~dN u~d Pd}
cip. Nth aod •wry. Wr~bt~ a s~id MORTGAGEE af in i~te~tat rBay ~pE~x. aed Nch and ~very wth poiicy ahs11 bt promPtly ati.pMd u+d d~liv~r~d ro
My h~ld by s~id MORTGAGEE q furtAa s~twiry to aW mort~s~ d~bl. ~nd. na tys ~h+~ tM (10) dars in ~dvana of ~M ~xpl.ation of ~ad+ po~~cY. ro dr
IivN b uid MORTGAGEE s r~wal tMrwf, top~tlw~ with a ~eceipt fw tM pnmiwn of tuch ~rnew~ls and ~h~n ~h+ll be no fw~ a windstam Inswu~c~
al~pd on ~ny of s~id b~ildi~„ ~ iMK~st 1Mr~in or p~rt thereof, unleu in tM form ~~d with tM los~ paYabl~ ~s afons~idt ~nd In tM twnt a~y swn
of nw~.r b.co~,~.s parabl. w~da wch polky or poi~a.s w~d MORiGnGEE sh•tl I+~w rM op~an ro r.c.~w ud ~pply ths sun~ on accai~~ of tM ind~bt~d'
nKS Nc~nd h~r~ or to p~rmif said MORTGAGORS to raceiw u~d us~ it w any p~rt tMreof for othe? pwposes, wi~hout the~eb~ waivinp w impalr-
Inp anr puity, li~n or ripht w~dK a by vktw of this mortpspe; u~d in ths ~vent uid MORTGAGORS shall tor ~ny r~aion f~il to keep tM aid p~~mises w
Iniur~d, w f~tl to delivK promptly u~y of s~id policies of inwranu ro sa~d MORTGAGEE, o. f,~~ Pro~,Pty ro par fi,~y ~nY pn+nium therefw or in any
r~spat fail b pKfonn, dixMr9e, uc~cute, effM, comp~eb. comply wirh ~nd ab~d. b~ rh~s cov.e+ne, a ~ny part Mr~oi, said MOATGAGEE m+y pl+a~ +nd
P+Y fa wch leauranc~ w ~ny part tha?eof without w~ivinp w affactGg any optia~. ~i~n. qu~tY. w ripht und~r a by virtw of this Morty+p~. and tM
full an~ouM of ~ach and ~wry wd~ paym~nt shall bs inrnediat~ly dw snd pay+bls and shsll b~a? ieter~st fran tl+~ daM thereoi uotil paid at tM rat~ of
nirN p~? pntum pK ~nrwm and tope~her with wch intaat shalt bs securcd by tM li~n of Mus n?o~tp+yt.
1. To p~rmit, oomnit or wffa no wssb. imp~'ummt a deteriowtan of s~id p?ope.ry or .ny paN tlx~eof.
S. To p~y all and sinpvla~ Nw ooats, chup~s ~nd expe~ue~. includinp ~ nsson+ols ~ttomey i fN and own of ~bsnacts of titk. inwnd w p+id ~t
any tirn~ by aid MORTGAGEE. becaw~ w in tM ewnt of th~ f~il~re oe~ tM p~rt of th~ said MORTGAGOR w d~ly. promptly +nd fully pKforrn, dischuy~
~xacut~, ~ffeN. oompkt~ oomply with and ab~de by ~~ch and wery ~he stip~rlations. ayreemenb. conditar.s, and eownanb of said promiuory noh arid t!w
matpap~ any w eitl~, and said costs. chupes u~d ~xperws, esch and ~wry. shall b~ immediately due ~nd paYables whetl+~r a not thert be notiu dr
rnand, ammpt to oolbd or wN pendinpj ~nd tM full smount of each ~nd way wch p~yment ahall beu tnterest from tM dat~ tMreof w~til p~id at the
rste of nln~ p~r ee~tum psr annvn?i ~rd ~II s+id oosts, chuyea uw! exp~nses inwrred a paid, toptthet with wch kuK~at, ~II b~ ssa+r~d by tM li~n of tha
"'°rp+p~-
6. Th~t (a~ in th~ ~wnt of amr breach of this Mortysp~ w defwlt on tht pa~t of the A'A4TGAGOR, w(b) in tM ~ve~t aml of s~id surm of nwrwy
herdn nf~?r~d ro b~ nw pr«npty and fuly p~td within thirty (30y days 11l7[) iftN lIN SaR1! flvNilly bQCOf11f dW and payabk. wNhout d~mand a ~otict.
or M~ th~ ~wm Nch ~nd ~wry th~ stipulations, pr~am~nts, conditions +~d cov~n+ots of s~id promiswry note u~d ihis mortpap~ a~r w eitl+er an no1
luly, pranptly and fully pufwm~d, disch~ryad, execvted, ~ffected, completed, complied with and abided by, tMn in eitMr or any such ~wnt tM said ap~
qr~at~ sum m~+~tion~d in ~id promissory not~ then rem~ininp unpaid, with iroerest accrued. and all moneys aecvnd. hereby. ~11 Ixoane dw a~d p+Y
•bl~ foHhwith, O~ tINfNRM• ~t th~ option of ssid MORTGAGEE, u fully and compt~tely u:: all of the said swna of naney wen aipinslly stipulated ~
to bs paid on wch d~Y, snythG+p in said praniuory not~ or in this Mortpspe to ths contrary notwithstandinp: a~+d therwpon or thers+Rer at tM option of
t~id MORTGAGEE, without notice w detnand, wit at law or in pviy, thereforo or thereafu~ beyun, maY bt protsart~d ~s if ~II mo~eys sstvnd hsnby
hai! rrwtund priw ro in insrinnion. •
7. TMt in tM swnt tMt it the begimi~g of a at any time pee~di~g s~y wit ~pon this Mort~ay~, w to lonclos~ it, or to reforrn H, a to enfwo~
paym~nt of ~ny daims Mrwnder. s+id AhORTGAGEE shsll apply~to the Court hsvirg jurisd~ction thereof for the ~ppantmer?t of ~ Receiver. such Court sh~ll
ForthwMh appoint • nceiwr of~ mortp~yed propKty all and singvla?, irKludmy atl and siny~lar the income. profits, iuues and rewnws irom what~wr
wurct daivsd, esch and ewry of which, it beinp ~xpressly w~derstood, is i+ercby mwtgs9ed +s if specifically ~et fonh ~nd dawibed in thi 9~~ntinp s~d
habandum cla~ses hsreof, and sucA Reo~ivN ~11 lwve ~II the bro~d and effective funcrions and powcrs in anywise entrusted by ~ Cowt ty a Reoeiver. and
wch ~ppolntma?t sMll be made by wch Court ~s an admitted equity and ~ m+tter of absolus~ rqht to ssid MORTGAGEE, u~d withoul nfersnc~ to tM
adeqvacy or in~d~qu~cy of tM wlw of the prop~rty morty~Qed w to the sohrency or insolvency of uid MORTGAGOR a the defeodants, and th~f wch
ren», profits. income, issws and nvenues shall bs ~pplied by svch Receiva accwdinp to tM lien. or puiry of s~id MOQTGAGEE and the practiu of wch
Courf.
8. To duty, promptly and fully perform, d'ach+ry~, execvte, effect, complete, canply with and abide by dch and ~very th~ stip~rl~tans, apn~nts.
conditiora snd cove++ant~ in said promissory not~ and this matg+ge set forth. '
9. TMt ie~ th~ ~vent tM ownership of tM mortgayed premises, w any pan thereof, becomes wst~d in a p~rwn otha thsn the MORTGAGOR, th~
MORTGACsEE, ita wccesso~s and ~uiy~, may, without notice ro the MORTGAOR, deal with such wcc~swr or wa~awr in interest with refer~nce to this
matyap~ and ths debt hereby sewr~d In ti+~ same manner as with M«tg~gw witFaut in any way vitiatinp or discMr9irg the Mortps9ws' li+bility hsr?
under or vpon the debt hereby secured. No ssle of the prcm~us hereby mortgaged +nd no (abrarana qn the part of tl» MORTGAGEE a in sucussors
o? aui~ro and no exte~ion of tMe time for the payment of the debt hereby secured ~iven by the MORTGAGEE a in sucosssors a ~ssiyns, sh+ll opsr+t~
~o r~kase, discharye, modify cMng~ or sffsct the orginal lisbility of tFa MORTGAGOR herein, either in whole w in p~+t.
10. It b spedf'~ully apreed thst time is of the ~ssence of this cor?trsct end that no w+iver of any oblipatan hereundet or of tFa oblipatioe aa
cur~d henby sMll ~t any tlrne thereahe? be held to be s waiver of fhe terms hereof a of the instrument secwed herby.
11. In sdd~tion to the fwego:ng moMhly payments of princ:pal and interest required by the promissory nole Kcvred hereby, mortysgor eowoa~ri
and ~prses to pay ro mortgagee with each monthly payment an sd<i~tional sum estimated by mortgsgee to be eqwl to 1/12 of the annwl cost of the fdlow-
in9: '
A-All rsal properfy taxes kvied w sssessed against the above described real estate. -
B-Premiums on firo and windstorm i~uwance as herein requ~red to be urried on tlx improvements sitwte on tho above described premises. !
u
C-Premiums on wch mort9age 9wrsnty inswa~ce as mwtgsgee ahall f~om t~me to time deem tit to c~rry on tM bsn secvred hereby. ~
Mortysgee thall from time to time notify mortgagor in writing of the amount due and payable hereunder and suth wm shall thereupon be dw and
paysble on the due date of tbe ne:t mo~thly payment and each successive nwnth thereafter urtil morigsgee ihall notify mortgagw of a chany~ in such
•mount. Such sums shall be applied by mortgsgee toward the payment of resl property hxes, inturance prem:wn~, and mortyage yuaranty insur~nce
prernivnq.
I WITNE55 WHER M said MORTGAGOR has hereunto set his hand and seal the day and y~ar first aforesaid.
nad. S Id a de~ar in th~ presenc~ of:
n
~
~n
~n
STATE OF FIORIDA ~
St. Lucie
courm oF
before me personally s ared Q. B• w 81 t. e Y' 8 ~nd
Alliece ~laltera W;~~, ~„x W~,~ k,,,W„,,,a ~ t, ~„b.
the ind'ividwb dacribed in uid who ~xeated the fwepoinp instrur~t, arid ~dcnawkdged before m~ that they exeMed the ssrra for tM purposes
~~~Qy~ .,~p,.,,~, q„d A l lie ce We ltera
wits of tM aid G B ld e 1 t e r s - ~ a separ~te snd prrva»
examin~Yan by me tsken sepuate and apaA from her said husband. ~dcnowledged to and before ms that she executed said i~ntrument freely snd volun-
rerily and withovl a~y oompu4ion, constraint, appreMe~njsan, w feu of or from her nd.
_ WITNESS my Mnd snd official ssal this~.~ day of 9nu8r ' . A D. 19 67
t~:
~ Notsry Public in ~nd for the Sute of F{orid~ ~t larps
M; Commiuion expires: 4, ~ Z ~(e
Retwn Ta. '4 ~ . . ~
r~t f.a.n~ s.r,g. a Loan As~oci.tion EC gp ~
L ~ F~ P;~,~. FIlEO ANO ~a~ ~8~; of fLORIDk ef?ia~c~ ?
vK.a. Fb.~a, 67. WCIE C Mr co~Mi~~o~i.~xPU~cs ,24.:i~4
RECORD VERIFIEO
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~ '6Z ~IAN 27 PM ' y = ~ , • , : _ , .
_.~'~Cfh~ ? • 'v < .
~sOGCR i'OITRAS - ~
C!„ERK CIftCU1T COURT " ;
BOOKIV4 PA6E~~,~ ~
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