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J. To pl~a end oontinuoualy kNp on tM buildirqs now or I~eaher situat~ on s~id I~nd srd a+ ~II equipm~n~ and pasonally cownd yy this nwrt9. {
+y~, witA ~0 p~miums ther~on psid in fvll, fi?~ imursece ir? ~iw vsu+l surdud policy fwny in • sw+? ~pprowd by iM MORiGAGEE. and wfnd~fam
iniu~+r~p in Nw uiwl uandard poliry fam, In a sum ~pproved by tM MORTGAGEE, i~ wch company w compani~s a M+~ MORTGAGEE may .
dtr~ct~ ~ ail fin ~nd w~ndttorm in~wana polKia on ~ny of said bvildinps ~ny ieterat !!nrsin or put thereof, in tM ap~reqaf~ wm ~fores~id or
In ~xnq ~~f. ~tl contafn tM us~yl stardxd mwt~aya~ clavs~ or svch oths~ clius~ ~s tM Mort~sge~ may requ'u~ makinp th~ lou urdN said po1F
ci~s. ~ad~ ~nd ~v«y. p~Y~bl~ to qW MORTGAGEE ~s in i~tareit may app~ar, snd Nch and ~very svch policy ~hsl) b~ promplly ass:y~ed u+d dNivered to
a~y M~d by said MORTGAGEE a firnh~r acuriy ro s~W ma~pa~ debt. ~nd. ~+a bss thu~ qn (t0) days in advu~o~ of tM ~ap'uat~on of each policy. ro da
1~~.~ ~o s+ld MORTGACEE • r~w~l tl»nof, top~~hK with a ncetpt for the pr~mium of wch rsn.wdJ u~d ~M~~ sMll b~ no f'u~ or wi~~wm Inwrsr?c~
P~+ud on any of taid buiWinps ~ny inter~at ther~in or put therwf, ~nleu in tiK fwm and with tM loas pay~bl~ ~s afa~aid; ~nd in ~M ~vMt any wm
o~ ^w^~Y b~ca~~ Parsblf w~ wch pofky or polici~s iaid JNORTGAGEE shall haw tF~ option ?o receiw and ~pply ti+e s~me on accarnt of tM ind~btac~
` neu wcw~d h~r~py ar to pum;t sa;d MORTGAGORS ro nceiw u~d w~ it a any parf thereof fa othe? purposes, wi~hout ~hereb~ waivin9 a~n+p+i.• i
in~ +ny puiry, li~n ot riqht uedu w by virtw of this mortyap~s u~d in th~ awat said MORTGAGORS sh+ll fw any reason fail w ksep tM ~aid pr~misss so
insured, p fail to d~liw~ promptly any of taW policies of inwru~u ro said MORTGAGEE. a fail promptly to p~y fulfy ~ny pr~mium tFwefor w i~+ any
r~spect bil to pMiam, diuhu~. ~x~cuh~, ~ff~ct. canpkt~. compN with ~nd ~bid~ b~r tha oown~nt, or ~ny put Mrwf. s~id MORTGIIGEE may pbor ~nd
W r for wd~ Intu~ane~ w ar?y prt tlw~~of without waivinp or aff~ctlnp +eY oP~~, ~kn, ~4uib. a ripht v~d~+ o? by vinw of this Mort~spe. ~nd th~ ~
fult amowN of ~ad? and ~wry wcA paym~nt sh~Il b~ imnediat~ly dw and p~y~bl~ and ahill b~x intHest fran th~ dat~ thereof vntil p~id at th~ ra» ol !
niru pK ca?twn pK ~iwwHn and toyether with wd~ fnterett sh~ll be saa,r~d by tM tian of tIw rtwrtyaQt.
1. to W?mit. oomndt ar suff~r no wast~. i~nP+irrnsM a detNia~tiw~ of s~id p?openy or ~ny put thereof. ~
S. To pay a!) and ~Ygula? th~ cotq. th~rpq u~d expensts includin~ ~ reasoeable atta
u~d ney's fee and costt of abstracts of title. incuned or
paid ~t
.ny tinw 4y a;d MORTGAGEE, b~caus~ a in ths ewnt of rhe f~iluro on rh~ p+n of tM uid MORTGAGOR to duy, prompry and fully paform, d~schary~
~xecvt~. eff~d, campt~h, eomply wifh snd abtd. by fad~ and every rhe sripulariona, agreen,enf~, conJ;~ions, .,~d cov:n•nn of ssid promi:sory not~ snd thi~
mon9+p~ ~nY a NtAN~ ~ Nid COStf, tIN~9y ~1~ OXPNWt. NCI1 ~Ifd fVO~y. slwll b~ immediately due and pay~ble: wF?ethe~ ar ~ot thcre b~ notice d?
m~nd, athmpt to ooll~tt o~ qiN pMd~np~ ud tF» full amount of each and every wch paymeM sMtt blar inters~t from tlu daro thereof unti! paid at tFk
rate of nir~ p~r pntum per ~n,xmy ~nd ~Ilaaid cosn, chuget ~nd expenset irrcwred or pald, together with such inttr~at, shall be s~cured by ths lien of tlw .
~
6. 1'!wt L+ th~ ~w++t of ~ny bnach of thi~ Mortqs~ or default o~ the p~rt of the N10RTGAGOR, o? (b) in the ~vent aey of said svms of nan~y
hertln nfKr~d to b~ no1 p~emptly and fvlly pak! wirhin tF?irty (30) days next afier ~he same severa!!y F,ecorrN due and payabl~, without d~mand or noY~u, ~
or (n the ~wnt ~~ch u~d ~wry tM stipul~tions, ~greemenh, conditions and covenants of ss~d promiswry note snd th~s mortpaqe any w either ar~ no1
i~ty, promptly and fully pKform~d. d'acharged. executed, effecred, compkted, complied with and abided by, then in either w any such ewnt tM said a~
prpat~ wm m~ntan~d in uid promissory n~te then remaininy u~paid. with interesl acuued. s~d all mooeys secv~~d. herebY. shall becwne dw and pay-
abl• fwthwitl~, p tMrsa{tN, at th~ opYqn of said MORTGACsEE, ss fuliy snd completely ai if all of ~he said wnr of mw~ey were orpinalfy stipulated
?o b~ paid on such day, snythiny in s~;d pro,n;uory note w in this Mo.tgage to the contrary notwi~hsrsndinp; and therwpon a thereaAer at the option of
said MORTGA(~EE, without noNq ar demar+d, wit at law or in equity. thereFwe or tMreaha be9urt, ma~t-b~ proaecvt~d af H all ma»ys s~cur~d her~by
necl m.tw~d P.io. ro in tnsrirwan.
That In th~ ~wnt that at tM bc~ianinq of a at ~ny time psrxlinp any wit upon tl~is Mo?tysy~ or to for~clo~e H, or ro roform It, a to enforo~ i
peyment ot aMr daims hneund~r. ~id MORTGAGEE sMll ~pply to tlx Cou?t having jwisdiciwn theroof for t!r appointmMt of ~ Receive~, avch CouA sMll . ~
fo~thwfth ~ppOfnt ~ nceiv~t of sa mortpaped prpperty ~II snd singul~r, incfud~ng alt and sinqvlar the inco~M, pofits, hsues ~nd rewn~ss lrom whatevK i
wuru derived, Nch ~nd twry o~wli~ch, it beiny ~xpressly understood. is hercby mortgsged as if speciiicaly set fath aed deacribed in thi yrantinp and I
habendum cleuus her~of. ~nd such Rec~iwr sMtl have +U the brosd ~nd effectivs fvnct~or+s and powen in aryrw~se entrwted py a Carrt ty ~ ReoeirrK. ~nd
such appotntm~nl ahall b~ made by wd~ Court u sn admined equity snd ~ matter of ~bsolute right to ~aid MORTGAGEE, and without refertne~ ro t!a !
~~equ~cy w Inad~qw~y of tM wlw of ~he propaty r~ortysged or to the solvee~cy or insolvency of said MpQiGAGOR a the defe~dany, and th~t such.
renn, profib, inca?+e, itsues ~nd r~vemKS sh~~~ be ~pp~;~d by svch Receiver acco?diry to tM lien or pviry of said NIORTGAGEE and the pr~ctic~ of such
Coutt.
8. To duly, promptly ~nd fully p~rfonn, ttucharys, execute, effect. complete, complY with and abid~ by eath and ~very th~ stipvlatiooa, ayrkmenta, ;
conditiau and ooveoa~ts in said pron?Itsay note u~d this mwtpage set forth. ' s.,~
~ 9. Th~t in tM ~wnt rke ownsrsh~p of the mwtgaycd premi~es, or any psit thercof, betwnes vest~d 6~ ~ Mrson-other than the MORTGAGOR, tl+~
1~.ORTGAGEE, its sucpswn ~nd au;~s~ msy~ withovt no~Ke ro the MORTGAOR, ded with s~ch s~xc~ssor or iucqsior i~ interest with r~fer~ ro tbis
mortya~ ~nd th~ dtbt hereby s~cured y~ tfi~ sarM rrurvK~ p with Mwtgagw without in aey way vitiati+g or disth~r~inp tha Nbrt~yors' liabiliry hsr~- ~
under w upon fh~ debt hereby secured. No sale of the premixa hereby mwtgaged aod ~o fabearanca o~ tM p~n of the MORTGAGEE or its successors !
or sui9r?s and no extension of the time fw ths paymem of the debt hercby secured piven by the MORTGAGEE a its succeuors or aui9ns, aha11 ep~rat~ ~
ro releas~, ditthar~e, modiiy cFwng~ o~ affett the wiginsl liabil~ty of ti~e MORIGAGOR Fwtrein, either in whol~ o? i~ p~?t.
10. It b apecific~lly apned tFwt time h of the essence of thia contract snd that no~waiver of any obl'gaYwn hereunder or of ths obliDation sr
cured h~nby ihall ~t ~ny tim~ thereah~r be held to be ~ waiver of the terms hereof a of tM instrument setwed herby,
11. (n addition to the to~egoEng monthly paymems of princ'pal and interest requiredTy the promissory nore iecured hereby, mwt~agor covenany +
and agraea to p~y to mortpayee with each monthly psyment an sdditionsl sum estimated by mortgsQee to be eqwl b 1/12 of the annwl tost of tM follow- ~
in9: ~
A-AII real ~
prope?ty tsxes kvied or auessed against t4e above dewibed real esNte. 3
B-Prsmiums on fire and windsform imurance as herein requ~red fo be urried on the imp:ovemenh situate on tho above described premises, t
i
C-Premiums on such morfqsq~ pwranfy insurance +s mortgsgee shall from t~me to time deem fit fo carry on the losn aecured hereby.
Mort9agee sh~ll from time to tirrK notify mwtgagor in writing of the amount doe and payable herew?de? and such tum shall thereu ~
payabte on the due dste of the nexf monthl p~ be due and ,
y payment and each successive month thereafter until mortgagee sAaU notify mwtgagor of ~ thange in wch }
amount. SutA swns shsll be ~pplied by mortgagee toward the psyment of real property taxes, inswante prem:ums, ~nd mprtyaye ywr~nTy inwnnta j
premiumf: _ ~
~IN WITNESS WHEREOF, tf+e s~id MORTGAGOR has ixreumo set his hand and seal th~ day and yes~ fint aforesaid.
~ 5+pn~d, Fw~ed in th~ pesencs of:
~
~ `~t~..//3' (S~a4
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STATE OP fLORIDA ~ ?
counmr oF _ St L.»ei ~
1
Befon m~ p~nonalty app~arsd T.s~»rA R Htannnrlr s~ ai n~r],Q RdL1~ r ~i }
Iw~wi4, to me well known and krwwn to me to b~
the individwly described in and who executed tF?e fwe9oiny instrunent, and acknow{edged before me that SF~er-execvted ths sams for ths p~rposes
the~ei~ ~xpr~ss~d, /h~i~i~e+.~_
wi h -of? N+r »i~ ~ ~rp~w'+'seMNte ~wd-pwwM
a:ar+~+rrt+o4 and.~paEt.kan? hsR said-~wsba~d?+d~wowbds~d.la~nd L~LoM.ne.tra~.si~. e+cecvted-wi~ iwskwnent~ireeir~wd~robir
?mr:i~rew~ wilt~w? ~tsn~pd~io~y~cawtr~'sitj-appreF~e.~~wm~.w .
WITNESS my Iwd and official ~eal rl,u T.(lL-_ da of
y A. D. 19~_
, Not~ry Pu in and fo? the State of Fbrida at Luy~
Retwn Ta FILEO ANO RECORDLD ~ ~'?r ~ ~~?eu
~ $T LUCIE COUNTY, F1.A. No~?Y Pubqc, statQ ot.~-stt,~
Fint F.daal Ss 3 toan Associ•~;w, . My Comm'ss!on Ex ~res Au
or F«r PK~a. RECORD VERIFI D Bonded By Amerc ~c.~~,~~,. 6;,196~ '
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. ~Z FEB 6 PN
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- - - fiOGE~ POITRAS
~ v~,i, J~ y,G ^ CLERK CIRCUIT COURT -
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