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To pIK~ and oontkwovsiy kNp on tlw buiWinps ~ww w hK~aha ~t~at~ on s~W land snd on all equipn~ ~nd p~non~IN oov~.sd by thk "w'p'
ap~, with ~II pnmiw~r tMr~on paid in fuq, fks tr?suraoce in tM uwal sundud pol~cy fonn, in • sum approwd bY Nn M10RiCsAGEE. a~d w'^d~~orm
i~xv~a In tM uswl ~uod~rd policy fan?. in ~ sum ap{xov~d by tM MORTGAGEE. in such comP+^Y w oomPania a th~ MORiGAGEE maY
dincrt M?d ~II M aw! windstorm iiawu+a polktas on ~ny of sald buiid~npa. any IntK~st tFw«in a part the~wf, in tM app~p~f~ wn+ ~ta~said a
tn sxaa tMnof, ~II contain tM uswl st~nd~rd mortpa~ davs~ a such a1+K da~ u th~ Mwt9ape~ n?~y nqv'a~. m~?inp th~ ba w~ said poiE
ci~s, wch u~d ~vKy. WYabl~ w wid MORTGAGEE as ib intaes~ may app~+~. and ~ach and ~very tucA poticy ihall b~ prompty ass:9~wd N+d d~liwnd w
•ny hcld bp aid MORTGAGEE a fwtha s~cwity ro s~W mwp~ d~bt. and. not I~ss tMn ten (10) d~ys in ~dv~nc~ of th~ ~xpir~tion of ~ad~ policY. w d?
IivN b ~+W MORTGAGEE a r~wal tMrwf, topNlwr with • nc~~pt fa ths pnmium of wch ruxwalJ and thK~ aMll b~ no fin o~ windttwm Maw~nu
plaad on ~ny of s~id buitdi~+q, ~e~r intaat tMr~in or paN the.eof, unku in ~M fwm ~nd with th~ toa paY~bl~ as ~fw~s+Wj u+d tn ~M .wm anr swe
of „qMy b~on~ p~yabl~ vn~Mr wd~ polky ar polici~s s~id MORTGAGEE shall haw tM opfion to reoeiw and ~ppty tM wr~e on +aa+M of tM ind~bted~
rru s~cu?~d Iwr~by a b pamit s~id JNORTGAGORS to reaiw and v~ M a~ny part fhereof fw o~he~ pwposes, wi?hout fhe.eb~ w~iviny or in+pak-
inp ~nY puity. li~n a ripht w~d~~ or by vtrtw of this mort~~r «?d in tM ~wnf uid MORTGAGORS shsll fa ~ny r~swn f~il to keep tM s~id p?~nisea w
tnwnd, or f~tl to d~liwr panprly a~Y of s~id policies of inwranc~ w uid MORTGAGEE, or fail promptly ro pay fully ~ny premiwn tlwefor or i~ ar?y
?np~ct fall b p~rfwm, diacl~uy~. ~x~a+t~. ~ffect, complN~. comply wi~h ~nd ~bid~ by this oownant, or any part M~wf. a~d MORTGAGEE m+~ p~ao~ ~nd
WY fa wch kawanu a any p~rl tM~eof wiThout w~ivinp w afhcU~q +e1~ option. ~i~n. ~4~~b. or ripht w~dM a by virtw of this Mort~ap~, and tM
full amowN of ~+d~ ~nd ewry wd~ p~ym~nt ~h+ll bt imn~c!'iatdy dw +nd pyabb ~d ah~ll bear k?terest fran tM dat~ thereof until paid at tM ~aq ol
nir» psr potum pK wwm and topetha with such intereat ahall be secured by tM II~n of thia morq~ya
1. To p~nnit, aomndt or wffer no w~stt. imp+irmx?t or detKia~twn of s~id prop~rty a s~+y Wrt tl?e?wf.
S. To pay ~11 aid sir~pular the costs, chupea u+d e:pN?ses, includinp a nason~bls atto.ney't fee u+d coab of abstrads of title. incwred or patd ~t
any tim~ by wid MORTGAGEE, b~t+vss w i~ tM ~wnt of tM iailvre on 1M p+A of tl» wid MORTGAGOR to duh?. promPMr ~nd fi?I{y perform, d~sch+?p~ _
~xecut~,, ~fhd. compl.a, oomplY wnh and .b~d. by ~ach an~ every the sr'~pula~io~s, preamenn. conditior+s. and oownann oi sa~d promiu«y nor. and ~Iw
mortyap~ any o? ~itMr. a11d Nid t01b. CAM~q Nld fJt~~lliOf. lKI1 iMI fVMy, shatl b~ Qnn~diately due u+d payable: vrhe~F?N w na tAere b~ norios dr
mand, atMnpt to oolket a wN pMdiny~ and th~ fvll amo~nt of ~ach and ~w~y wch payma+t ihsll bew int~.nt han th~ d+te tMreof until p~fd ~t tM
rate of nb+~ p~. o~ntum per Mnwn; and sll said cosn. chugy and expenses i~cvrr~d o? pafd, to~~ther with wch inttrnt. ~A+11 b~ s~cund by tM li~n of tha
^arq~
6. Th~t in 1M ~wM of any bresch of this Mat9+y~ o~ defsult on the part of tM NIORTGAGOR, w(b) in tM ~vem +~Y of s+id w~s of ^~°^~y
h~rNn nhrced to b ew pranpNy and f~ly paid within thirty (30) days next afie. tl+e same severalty b~cwm due and payabk. without dan~snd a notice,
w(c~ !n tM ewet each ~nd ewry tM sNp~lations, s~nert~enb, conditioos and coven~na of w~d praniuay note and tha mortpape aMr a titAer ~n no1 j
iuly, pranptly and futly psrform~d, dixh+rged, executed, ~ffected, compl~ted, complied with snd abided by. tben h eitha or sey ~~cb ~w~+t th~ said ap~ i
preyat~ wm m~ntiard 1n said promiuay note then remaininp u~p~id. with intarat ~cuued, ~nd atl moneys setw~d. hsr~by, sn~ll betome dw and pay~
abl~ fonhwith, or tMnafter. ~t tM option o~ said MORTGACsEE, u fvlly and completely ~s ii all of the s~id suens of many were aipin+lly stipulated
ro b~ paid on wd~ d~y, anythir~p In said promiuory note a in tha Matpaye to, ths co~tnry notwithitandiop: ~nd thsreupon or thersafter at tM optioe~ of
•~id AAORTGAGfE, witl?o~t notio~ or dem+nd, su~t ~t law or in equity. 1FINlfOf~ Of tKMNffN bs~un, m+Y b~ prosacuted as if all mor»ys aa?nd her~by
n.d manxed pr'ar w in trotir~?ria~.
7. TMt in tM ~wnt th~t at the beginninp of or ~t any Gme pendinp sny wit upon this Mwt9~e, w to farsclos~ H, a to rtfonn N, or to ~nfora
paymant of ~ny d~ims Mrwnder. s~id MORTGAGEE ~all ~pply to tl+e Coun having jurisdiction therwf for tM appointment of • Receiva, wch Co~+rt sh+ll
ForthwNh ~ppoinl • noeiver of u mortya~ad prop~tty all snd singutu, includ~ng all and singular tM inoan~. profiti, iuws and nwnves from what~vK
w~rp d~riwd, esch ~nd ~wry o~which, it b~ing ~xpreuly ~ndei:tood, is hereby mortgaged u if spedfically set fwth and de~uibed in thi pr~ntinp and
habendum daw~s harwf, and such Receiwr shall haw ~II the brosd s~d effective funct~ons snd pow~ra in anywise entrusted by a Court tp a ReceivN. ~~d
•uch appotntm~nt sAsll b~ m+d~ by wch Caxt ~s ~n adrt~itted equity and a matte? of ~bsolute ripht ro s~id MORTGAGEE, and without r~feres+ct to tlw
adeq~xy or {n~d~qwcy of tF» wlu~ of the property matgaped or to the whency w insolvency of sud MORTGAGOR w tht defendants, and that such
renn, profits, incane, itsues u?d r~ve~ws ~MII b~ ~pplied by sud+ Receiver sccordinp to the lien or puity of said N10RTG/1GEE and tM practicR of such
CouA. ; .
8. To duN, promptly snd fu~ly pKform, dischar9e, execwe, eHect, compleb, complY with and abide by each and ~wry ths stipulat~ons, ~yrNrt~anls.
conditkns and oovenann in said promfasory note and ~ha rtartgags set forth. ' _
9. TMt in the ewm the owne~ship of the mortgaped prem7ses. w ariy psrt thcreof, becomes ves»d in • p~non othar tMn tM MORTGAGOR, tl»
MORTGACaEE, itf succesw~s snd +ssigm, m+y, wifhout ratice ro the MORTGAOR. deal with such wcussw or wcc~ssor in imereu with nfe+Mxe ro this
morty~pe ~nd ths debt hKeby secured in th~ tame manner as with Mortgapw witho~~ in any way vitiatinp w discMry'ug the AAottya9ors' li~bility ~herr
ursder a ~pon tM debt hereby secured. No sak of the premises hereby mortgaged u~d no fabearanc~ on the p+a of the MORTGAGEE or hs successors
a aaigns and no extension of the time fw the payment of the debt hereby secwcd piven by the MORTGAGEE a ita successors or ~ssEyns, ahall operaN !
ro rNease. disthup~, modify clwng~ a affect the originsl IisbiGty of ths N10RTGAGOR haiu~, sither in whole a In put.
10. It is specifically ayreed that time is of the euence of this cont~~cf ~nd tMt eo wiivat of ~ny obl'gation hereunder or of th~ oblipatan se- }
cursd Mr~by shdl at any tin+e thereaher be held to be ~ waiver of tM temia lKreof or of th~ imtrwnent tecw~d h~rbY.
11. In sddition to the forego:ng monthly payments of pri~c'pal and intcrest ~eqvired by the Rromiuwy note secured hereby, mortgagor cov~n+r?ta
snd ~yrses to p~y to mortgagee with esch monthly payment an addirionsl s~m estimated by mortgayee to be eqwl to 1/12 of the ~nnual cott of the follovw
ing:
A-All reil property taxes kvied or auessed against the above desaibed real estate.
d-Premiums on fir~ and windstorm insw~nce as herein requ~red to be orried on the improvemenn situate on the above described premises.
, C-Premi~ms on wth mwtgage gwnnty insunrce as mortgagee sl»II from t~me to time deem fit to csrry on the loan setvred hereby.
Morf9agee shall from time to time ~otify mortgagor in wrifing of the amount due and payable he~eundet and such wm shall thereupon be due ~nd
payable on the due date of the next mo~thly paymeM and each succes;ive month thereafter until mortpsgee sh~ll ratify mortgagor of s chsnQe in such
amount. Sud~ wms shall be ~pplied by mortgagee toward the p+yment of real property t~xes, inwrante premiums. and mortgage guaranty inwranu
pramiurtn.
I WITNESS WHEREOF, ths said MORTGAGOR has hereunto aet ha hand and seal the day ~nd ysar fint afonsaid.
rnd, S~abd a liwred in the presenc~ of: ,
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f_La~
STATE OF FIORIDA ~
courmr oF St. Lucie
~efore ms p~raon~Uy ~pp~arcd Irene L. Broadhurst, a single adult; and Tlias P. Smi~ and
Tvon B Smith ta, WH~, to me weu knov~n, ,na known w n+. to tk
the ir~vidwb dewibsd irra+d-who exswted the- forepoirg insfrument, and ~ckiawledped before me that tf~r exewted the sams fw th~ Ewrposes
~ei„ ,i,. ' Evon B. 3mith -
wifs ot ~ W~d E1i88 P. Sm1th ~~~+,~ep~nfe and priv~t~
exsm'rwtan by me taken s~psr~N snd apsrt from her said husband. ~ckr~owledged ta and before m~ that she executed said,iMtru~?rrfree~ly~nd vol~n~
rarily and withaA aoY compulsion, caatr~int, apprehernion, or fear of or from her ssld hwbsc~d. ~ ~r
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wnNESS mr h.~d .nd off'K;.~ s~,~ d; Z7'~'• - a.~, of enua • A: p. 2",~i?
cw ' ~ r - •
~ ~ - sry Public in and for the ~tahC of Florid? at Lary~ ~
My Comrniuion ~xpireu Q s-~s4
Return Ta .~'~O ~ . . :
Fir~t Fdaral Savinps 6 Losn /u~ociation Awii ou . . '
" Of Fort P~erce. WCO~~ ~R~FI gIIC. STATE af FLORIDA ~t I11R6E l;' J•`,
fwt Pierce. Florids ~C ~NOTARY PU 24~ 1969 ,-1 .
Y1( C011111SSION EXPIRES APR. . . .
- ~ Z? PM 3 ~ q~l
152253 . -
itOGER i'OiSR~s '
t~L.EaK CIRCUIT ~RT ~
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~ gooK 164 P~~~.122 ~ ~ ~ ~
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