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To pl~a and aonti~wously ke~p on th~ buildi~+ps now a I+KNftN Wtu~» on said I~nd ~nd on all pulpnNM M+d panwully tow?~d by N~ n~aq~ !
~fl~, with ~II preeniums M~rea+ p+id in full, fir~ tnwr~nc~ in tM viwl staeda?d poiicq fonn. M• sum approwd b'p tM MOrtTGACsEE. M~d wi~ttanl ;
tnsuru?a in tM wwl i~~ndud policY fam, in • sum ~pp.ov~d by ~M AAORTGAGEE. M+ tucA oanP+^r or oon?P~nta a t!y MORTGJIGEE n~+Y
directj and all M and winds~onn inswana polic~es on ~ny of wid bbilfii~„ ~nY InNnst tM.eln w pan tMrwf. b tM pprp+a wa? ~fora+~d a
In ~xc~a tM.wf, sh~ll contain tF~ ~swl standud mor~9s~a~ clw» or iuch ah~. cl+w~ a_ ~M Maty+y~ m+Y nWWw. m+~i~p t!r bu wrM~ ~+id po11~
c~.s, ead~ u~d ~w.Y. wrab4 ro s+id MORTGAGEE its Interesf may ~pp~~. and ~ach u+d twry wch poiicY ~MII b~ p?on+prly us:pnd and d~livK~d ~o
•ny MW by wW M4RtW?GEE as ivnh.r •.wriH ro aW ~++o.~p.~. deM. and. ow I~s~ tiw~? t~n 1101 days in ~dvana of th~ ~xpir~tion of s+ch Polity. to dr ~
I~wr to Mid MORTGAGEE • r~w+l tMrwf, topahN with ~ receipt fw tM premtun+ of wch nnewalj ~nd tl+en sMll b~ ro fu~ o~ windst«m M?suranu ~1 ~
plscvd an u~y of s~id buildinp~, ~ny i~tKat tMrHn or put thKeof, uoku in tM form u~d with th~ loss paYabb a ~fa~aids and In tM ~vM~ aoy sum
of mon~y becornN p~yaW~ vnd~~ wd~ polky a policia ssid MORTGAGEE shall haw tM option ro nceive uK! ~pply tl» s+m~ o~ ~cca+nt of IM Ind~bt~
n~u t~tyr~d hK~py q p p~tmit said MORTGAGORS ro roceiw ~nd us~ it a any put thereof iw othe~ purposes. without thereb/ wsivi~g w impair-
iny ~~y p~rity, li~n a ~ght ~x~dar or by virtw ~ this mart~+pst H+d ~ tM ~v+ni said MORTGAGORS sMll fa ~ny nason fail ro keep tM said pnmise+ so
inwred, a fail fo deliwr promptly any of said policies of inswance ro said MORTGAGEE, a faft promptly to pay fully ~ny premi~m ther~tor a In ~ny
r~sp~ct fail b p~rfwm, d~schup~. ~:KUt~. ~ffM, ca^~PI~N, comply wi~A acd abid~ by tNs wwnznt. w+~Y P+~t Mrwf, ssid MORTGAGEE m+y pl~ +nd
WY for wch ieau~anc~ or ~ny part fMreof without w~ivi~g a ~ffecrinp +oY oPtla+. ~i~n. Mu~ty, or ~ipM w~dK a by virtw of thii Mwtpp~. and tht
futl amouni of ~th ~rd ~v+ry six,h Wyen~N sh+ll b~ inwnsdiatdy dw w+d pryabb u~d sF~all beu intersst trom thi ~N~ therwf until paid at th~ rat~ of
n~ne p~r p~tum pa urwm and tog~tF~ with wd~ interest ~MII be secwed by tM li~n of this morp+pa ~
I. To p~m+it, oannit ar svFfa eo ws~t~. imp+irmem a deterior~tion of said proparty a any part thenof.
S. To pay all ~nd sinpula~ tlw cosb, cM~s +~d a:perws, includinp s reasonsbk +ttwneY~s fee and oosts of ~bstr~cts of titl~, incvrnd w p+1d N
sny tima by said MORTGACaEE, betavse a in tht ~wnt of the failuro on tM p~rt of tM said MORTGAGOR to duly, promptly and f~lly pafwm, dixMryt
•xecvt~. ~ffep. oanpl~t~ oornply with and •b~de by .~ch and every ~he stipul•nons, agrean.nis. ca+di~~ons. +^d cov~^+nn of s~id promissory note and thii ~
morr9+9~ ~Y or eirha. and said aos~s. chuyes and ~xpenses. each ae~d every. shall b~ immedia?ety due ~nd pay~Wes whefher or nof thx~ b~ nwiu dr
m~nd, attempt fo cdlM w wH p~e?Jinpt and th~ fvll ~no~nt of each and ewry s~xh payment shall bear intentt from tM d~le thereof unHl paW at the -
rate of nirw pe~ tentum pet ur?um: and all qid twri, charges and expcnses incvrred or paid. topether with wcA Iotenst, sh+ll b~ secvnd by tFK li~n ot Mb
mwtp+?~.
6. TMt W in th~ ewnr of any bnach of this Matga~ or d~fwlr on the part of ths AhORTGAGOR, w(b1 in tM ewnt ~ny of uid swro of nwray
her~tn r~f~n~d to b~ not promptly ~nd fully psid within thirty (30) days r~ext after the same severalty becom~ dw ~nd pay+bte. willw~t dem~»d or notit~.
or (c) In fh~ went ~ach and ~vtry tM stipulat~ons, ~greements. conditions and coven+nn of s+id promissory note ~nd this mortpa~e any w sither an nol ~
iuly, prompty and fu11~r p~rformad, d~xharped, ~xecvted, effected. complered, compl~ed with znd abided by. then in eithar w aryr such ~wnt tF~ uid ~
preflate svm m~r?tion~d in said promiuory note then remaininp vnpaid, with intcrest xuued. ~.~d all mooeys secvnd. her~by, aMll becnme dw ~nd p+Y~
eb~• fonhwith, O? tINfNRN. at th~ option of said MORTGAGEE, u fully ~nd compktely as if all of the said sunr of enoeey were aipindly st~pulated
ro t» pa~d on wch daY, anythlnp in s+id prom~swry ~wte or in this 1Nortgs~e to tM connary hotwi~Fut~ndinp: ~nd therwpon a thereafta at the option of
~e~d MORTCsAGEE, without notia w damand, wit ~t law w tn equity, t!?erefore or thareaf~a begue, mar b~ proaecutd a if ~II mon~ys acund haeby
had matur~d prior fo ib inatifution.
7. Th~t in fM ~vent that at th~ beyinning of or af any time pendirg any wit upon this Mortgap~, w to bntloN if, w to refwm it, w to enforo~
payment of any d~ims I~wnde+, s+id MORTGAGEE sMll apply to the CouN having jurisdiction thersof ior tM appoinhnem of ~ Raceiver. avch Court sh~ll
fathwkh ~ppofM s nceiwr of said mottpsged property ~II and singulu. includ~ng sll and singulsr th~ incorrw, profi», issws ~~d nvsnues from whatever
wurc~ dMiwd. ~Kh ~nd ~vlry o~ whith, it beinp ~xpressly u~derstood. a F+ereby matgsged ss ii specificatly sef fwth ~nd described in the prantiry and ~
hsbendwn d~us~s hareof, ~nd such ReuivK shall Mve all the broad snd effective funct~ons a~d powen in aoywise entrusted by a Court fp • Receivb, ~nd
:uch sppointerwnt shall b~ m~Je by wch Court u+n admitted eqvity aod a matter of absotute r'gAt to said MORTGAGEE, and witho~t reference to tF»
ad~quacy a inad~q~r+cy of ths wlue of the proper~y mwtysped w to the solvencY or ~nso~vency of s+id MORTGAGOR a N~e defend+~n, snd that such
renf~, profin, incane, iuues ~nd r~v~nues ihall b~ epplied by wch Receiver scco?dinp to tM lien or puity of s~id MORTGAGEE and the practic~ of such
CouR. ~
8. To dvly, proer~ptly ~nd fully perfwm, d'achary~, execute. effect, compkte, comply v~rith ~nd abide by each and ~very tlw stiputat~oes, preMr~ts, •
conditioeu ~nd oovawnb in ~aid pramlasory note and this mwtgsge set forth. ' ~
9. ihat in th~ ewM tl~e ownership of the mo?t9+0~ Ptemises. or ariy pan thereof, becanes vested in • person other thsn ihe MORTGJIGOR. tlr ~
/1~ORTGAGEE, iM sucuswrs and ~uipnf, m+y, wltho~rt notice to the MORTGAOR, deal with such sua~ssor a M+cussor in iMerest with refer~ to thb ~
mortfl~y~ and tIN dtbl hersby set~red in tM same msnner as with Mutgagor without in ~~y way vit~atinp o? disch+rying the Mott9+gon' li~bility her?
under or upon tM debt hereby utv~ed. No ule of tM premises hereby mortgaged ~+d no (orbear~rts on the part of the MORTGAGEE or in successon
or assi9ns and no ~xtension of tM tlme fw the paymem of the debt hereby secured yiven by tM MORTGAGEE a its ~ucuuws or auigns, shalt opaat~
to nle+s~, distF~up~, modify thangt or affecl the wiginal liability of tM MORTGAGOR herein, either in whole w in part. ~
10. It is specifitally s~reed that time b of the essence of this tororact and that no waiwr of any oblip+tion here~nder or of th~ oblipaYwn H-
cvred h~reby sMll at any tlm~ thereaher be held to be a waiver of the terms hereof w of the instrumem sacured herby ;
11. In addiYan fo the forpo:ng monlhly payments of princ'pal and interest reqvired by the promissory note secured hereby, mortysgor Covsnanb
and agrs~s to pay to mortyayce with e~ch monthly paymcnt an additronal ium esGmated by mwtgs~ee to b~ equ~l ro 1/12 of the +nnual cost of the tollow-
in9: , .
~
A-All reN property uxas levied w assessed against the sbove desuibed resl esrate.
I B-Premiwi» on fire and windstorm iiuwance as Fxrein requ~red to be urried on the improveme~M situate on the above desuibed premises. i
C-Premiums on such mortya~~ pwrsnry insurance as mortgagee shall from t~me to time deem fit to urry on the ban secured hereby. ~ ~
~ NJOrtppe~ th~ll from time to time notify mortgagor in writirg of the amou~t due and paysble hereunder a~d auch sum shall thereupon be due and ~
f payable on ihe due date of the ne:t monthly payment and each successive rnonth thereafter urtil mortgagee shall ratify mortgagor of a-clung~ in s~th ~
~ emount. Such swns shsll be applied by mwtyagee towsrd the payment of resl proptrty taxes, insurance prem:ums, a~d mortgape yuar~~ty insurance ~
premiurt?a.
IN WITNESS WHEREOF, th~ s~id MORTGAGOR has herevnto set hn hand and seal the day and y~ar fint afwesaid. ~
~Sipn~d, • Ifire?ed in tM pres~nos of: ~ ~J /J {
~ (3~a1~ `
ts.,~
te.`~
_ . j
STATE OF FLORIDA ~ ~
St. Lucie ~
courm oF
eefws ms perwn+lly appe~red L aur a B. H anc o e k~ a s ingl e adul t. ?
~i~ wif~ to me well known and known fo me to b~ ~
the individwl? deuribed i~ and w!a executed the fore9oirg Instrumem, and ackrwwledped before me tMt 9~ executed the sams fw the pu?poses ~
tfierein lxpress~d. 141d~11!'1i1~ - ~
~if~ of~-aaid. ' ~ ~sepnMr~wi ~ivNr
.l76arNiAatiO~~~1~MIMQM~iM10~11~ipM1~~IGAI~IM~INl~fN1r~'My11~`bl~t?7~1lNIM'fIl!'!X!!t!1!~lOidtill~MVA1!!1l~~l6flr~ldw~IMl1~ ~
~a.; y and~Nhosl-~n~- aanpahrioe ,r ca+s~nh,r, -~ppeehenste~ ~e- tea ~f-a -fevnr if~.r sdd i?osb~ntt L.~ `
WITNESS my Mnd a~d offkial s~al th~ G 7~ day of A D. 19~SL.[_ ~
~ ~
~ _
Not~ry ic in a~d fw the Sute of Florid~ at larpe
My " ion e:pites: •
Retum ;oi.
Fint F~deral ~ar~ ~{y l~oati ~oci+tion ~ ~ NOtt?Y PuDAt, ~tai~ oi Aoriae at Large
. ~ ~l~,•' - : . $
~ C 6 c@~~~ ~ My Comm~stion Expins Aug. 6. 1967
LV 11 ~ 8on~ed By American Surety Co. of N. Y.
.,~.~ta;•F~i•~~,~ !l4~CQ?~tQ ~~RIFI~ . :
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'61 FE8 6 PN 3: 18
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