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S. To plaa a~d ooiu4~uwnly kNp on tM b~rildinps now w h~re+hN utuat~ on fsid land snd on ~II pvipenent u~d pawn~liy cow~~d by this
rfl~, with atl pnmiwes IMrwn p~cd in fuib fite insu~aec~ in tM uwal itar+dud polity fotm, in a awn approwd by th~ MORTGAGEQ ~nd wi
~torT
~+wr+nc~ tn tM uw~l a~nd~rd polrcy fam. io a svm approv.d by ~he MORTGAGEE. in wch .ompany w compania a th~ MORTGAGEE may
d~rectj and ~II fin u~d wind~wm~ tiqw~na policiet o~ any of aW lxritd'ugs, ae~y tntK~st tlwein or pHt tFW+wf. !n 1M ~pq~p+?~ iwn ator~id a~
In ~xons thenof, ~11 eont~in tM uswl sandard mortyage~ dx~ a sueh aMr d+use a rM MortpagN may rp~in. en~kinp eh~ bss w~da aid poiF ~
ci~s. ~ach ~nd ~vKy. paYabl~ ro s~id MORTGAGEE a in imete~t may ~p~u, ~nd ~ach end ~very wcA pofiq iMll b~ prompty au:~nsd aed d~liwred a
~ny MW by s~id MORTGAGEf a fu~her a~cwity to saFd mortya~ d~bt, and, not Mss tMn ~M (10) days in advanc~ of tM ezpir~tion of Nch policy. ro dr
Itwr ro a1d AAORTG/1GEE a r~w~l tlw~of, top.rl+K with a receipl iw tM premium of wd~ r~walt ~nd ~t,K~ sh~ll b~ no fu~ or winds~wm insw+~x~
plac~d an ~ny of said buildirps, ~ny iot~r~q tMrein w p~r~ thereot, vniess te tM form and with tl» bu payaW~ a~iaeiaidj ~+d in tlr ~vMt ~ny Hwn +
of mon~y p~co,nM p~rapt~ w~dN such policy or policas aaid MORTGAGEE ahall Mw tM option ro reo~iw a~d ~pply th~ wn~ on ~ccount of tM ind~bred~
neu sscw~d hK~by a b pKmit ~aid MORTGAGORS ro receiw w~d us~ ft a any part thereof fo. other pu~poses, wi~hout Ihaeb~ waivin9 a impaia
irq soY pviry. IiM or ripht w~dN or by virrw of this rrwrtpapss «~d in tM ~vent si~d MORTGAGORS shall for a~y reason f~il ro keep rb~ s~id pan~ses so
i~sured, or bil b delivK promptly any of said policies of Irnw~nc~ to said MORTGAGEE, or fail promplly to p~y fvlly ~ny premivm ti~~for or in ~ny ~
nip~ct fall w PNforn~ discFwr~e. ueswt~. ~ffoct. comPl~% comply wirA and ~bidt by th+t covenaM. a any part herwf, s+id MORTGAGEE may pl+n ~nd
PaY fe? wd~ irouru~ o~ a~y part thasof withouf waivinp o~ afftctinp anY optipy li~n, p~ity, or ?iphl w?der o? by virtw of this Mortpapt. ~nd tht t
full unount of ssth and rvKy wch payn~t ~hall b~ immediatey dw u?d payabl~ and sMll beu i~H~est tran tM dat~ theraof w+tU paid at th~ rate ol ~
^~^e PK ar~twn p~r am~xn +nd to~s~ha wHh such interest sMll be secured by tM li~n of this mat~aya ;
To P~rmi4 oonrrdt ar suffa no wut~, imWkmeat w detaiowYan of said property or any part the.wf. ~
5. to pay all ~nd tlnyola~ tM mats, char~es and expenses, inc~uding a n~son~bk +ttorney's fee and own of absh~ctt of titk, k~cu?r~d u paid ~t
a^Y bY ~aid MORTCsAGEE, b~cau~e or i~ th~ went of the f~ilure on the paM of the asid MORTGAGOR a duly, p~omptty and fvlly pe~fany discl+ar~t
.xecu», ~ffM, cony~tti owr,ply ~n,;th ~nd ab'~de by ~ach and every the stipul~tioru, ~y~eenKr?ts, cw,d;fions, snd eawnants of said promissory not~ u?d thN
mortgayf iny o? fithtr, a~d s~d cwb. dw~~s u~d e~cpanses, each and ewry. shall b~ immedia~ely due ~~+d psy~bk: wheths~ w e~ there b~ .wtiu d~
mand, att~mp~ to c+otfect p wH pt~d;rgs and tM fu!! arraunt of each ~nd wery wcl~ psyment ~MII beu intertst from tM dste thtrwf until p~id ~1 the
rere of r?im p~r eentum per an~wr~; and all said costs, char~ ~nd expsnses irKV~red o? paid. togelher with wch inttnaf. ~hall b~ anxed br tM li~n of this
morty+p~,
6. Th~t (y tn th~ ~v~nt of any bnach of Mit Mortyay~ or defaulr on tM psrt of the MORTGAGOR, or (b) in the ~wnt any of said weq of mor~y
hereln r~fKnd to b~ nw promptly and futly paid within thirty (30) days nex~ sfter the sams sev~rally bacome due and payabk. without d~m~nd w notiu.
or (c) tn fh~ ~wM ~ach and ewry fh~ sfiputations, agreemsnts. condiYans snd tovcnsnfa of ss~d pra.:isiory note a~d th~s matyape any or eirhM ~.e no1 ~
iuly, prwnpNy and ful~y performeJ d~sd»rped, executed. dfected, completed, complied with and abided by, then in e~tFwr w any such ar~t tM s~id a~ `
preyate swe m~ntion~d in said promiswry rwte thcn remaininy unpaid. with interest acvucd, and itl moneys securad, herebY. ~hall hecom~ dw and pay~ ~
eble iorthwith, or tMnaft~r, at tht option of wid MORTGAGEE, ai fvlly and completely as If all of tFx said sunr of ma~y wera wginally atipulsted ~
to b~ paid on such day. ~e?ythinp in said prp.~,ssory note or in this Mortpa9e to the ca+tr~ry notwirhst~r?dinp: and therwpon w tF~e~fter at tM option of
ssid MORTGA(3EE, without notin a dem~nd, svit et Isw or in aquity, tfxrefor~ or thKeaiter bep~~, may b~ prosecut~d st if a!1 morKpa aecw~d ha~by
had matw~d ptiot fp its irotitWion.
7. Thst i~ th~ went th~t at the beginniny of or ~t sny time pending sny wit ~pon thia Mo?fyspe, or to fpncloa~ it. a to nfarn It, p to enforq
paymc~t of ~ny d~ims Mr~~rnder, s~id N1pRTGAGEE shall apply to the Cou?t having jurisdictioo thereof for tM appointment of ~ Receiver, wch Court ~MII
fo~rhwirh ~ppoint ~ nc~;v~r of aa~ rnor~paged properfy ~II u~d wgular, includmg all a~+d i~ng~lsr ~M incorm. profits, issva and rev~nues from what~ver
wurc~ d~rived, ead~ and sw~y o# whith, it beinp ~xprcssly underttoc~. is hereby mortgaged u if specilically set forth and deu~ibed In the ~ra~tinp and
habenduen d~usrs 1~~pf, and wch Rectirror shall have aU the broad aed effectivs tunct;ons and powen in snywiss entrwted by ~ Court ty a Receiwr. and
•~ch appointm~nt aha11 b~ en~tle by wch CwK1 as an admitted equity and a m~tta of absolute riyht to ~id MORTGAGEE, ud withoW nfennot to th~
adequacy p iewd~q~~cy of the valw of the propery mortga~ed or to tlx soNency a insolvency of said NWRTGAGOR or the defend~nn, ud thaf wch
renrs, profit~„ Incan~, ka~res and rsvenues sMll be applied by such Receiver accwdinp to the lien or puity of said IN~RTGAGEE ud ths practia of such
Court.
8. To duly, promptly sed fully perform. discharye, execute, efifect, complets, complY with and sbide by ead~ and wery tM stipulatioea, apne~nsots,
condiriora and oova»n» in s~id prombsory nofe and this nwrtgaye set fath.
9. Th~t in tM went the ownership of tM mortgsyed premises. w ariy psrt thereof, beco~nes wst~d in • p~rwn otMr than tM AIIORTGAGOR, th~
MORTGAGEE, its succ~ssors and assiynt, m~y. without notica to the MORTGAOR, deal wi~h such ~ucussor or ~a~sior in imc?est with refere~ooe to thq
mortyaye and th~ d~p! Mreby s~vred In the ~ame "main~,y as with Mortgapor withovt in ~ny way vitiatinD a d'ncharpinp the Mwtypors' Ilabiliry htrr
under or ~pon tM debt hertby secvred, No sa~e of the premises ixreby mortgaged ~nd no fabearance on the part of tF~ N1pRTGAGEE w in s~coeswrs
or autqro and no ~xtension of ti~e time for tl+e p~yment oi the debt hereby secured piven by tMe MORIGAGEF a iti avccss~on q ass;g% ahaH op~rat~ ~
ro r~leaie, di~dutp~, modify cM~pe or ~ffect ths wipinal 1'ubility of tM MORTGAGOR hereie, either in whols or in put. '
10. h b specifiully apreed thet time is of ths essenc~ of this contract and tMt no waiver of any obliyatan hK~w~der or of Nw oblip~tion tr '
cured hereby ~MII at ~ny tirr~ thtreaher be held to be a waiver of the tarms hereof w of tha initrumem ~eaued herby.
I1. fn addition to the fwego:ng mo~thty payments of princ'pal and ieterest required by the p~om;s~o?y rwte ~ecured hereby, mortpagor townants
and agrees 1o pay to mortpspea with each monthly paymeM an add;rional sum estimated by mortgagee to be eqwt t0 1~12 of the anr?wl cost of ths follow-
ing:
A-All rtal properry taxes kvied w assessed against the above desuibed reat estate.
B-Aremivms on fir~ and windstorm inwrance as herein requ~red to be carried on the improvemenb siwate oe the ~bove described pramises,
C-Premivms on such mortyaga ywnnty insurance as rtwngagee shsll from time to time deem fit to tarry on ths loan aet~red hereby.
Mortyspee sh~ll from time to t;me notify mortgagor in writirg of the amount due and payabk here~nde~ and such sum shall thereupon be due and
payable on fhe dus date of fhe next monthly payment and each successive month thereafter until mortgagee shall notify mortgagor of s chanqe in such
amount. Sucfi sums shall be applied by mortgagee toward the payment of ~eal property tazes, inwrance prem:trms, and mort9spe 9uaranTy ittwr~nce
premiums. '
!M WlTNESS WHFRFOf, H» said MORiGAGOR hss hereunto set his hand and seal the day and ys~? fint ~fores~id.
SipMd, led and d~l' ~d i presenoe of:
n ;
~ n ;
/ K--~ I
_
SiATE OF FLORIDA ~
counmr oF _ St. Lucie
e.ta.. me p...on.ny ,ppe,.aa S t he n W D e a rd e n _
A nn Joy De a rde n fo ~~n k~, s~a
the individwb desuibed in and wIq ~xecuted the forepoirg instrunant, and acknowkdged before me th~t they exewted the same for tM purposes
rh~~~~~ w~+a n+..+~_ Ann Joy Dearden
w i fe of th~ s~id S t P nl'1B T1 W D e s ~ C~ @ Yl ' vpp~ • sep~nte and prrvat~
examiMfwif by me t~ken ~epust~ and apsM from her ss;d husb~nd, acknowledged to and before me that she executed said instnrment freely and voiun~
rar~ly ~nd withaA any canpulsion, cautraint, ~pprehension, or feu of or from her ssid husb~nd.
WITNESS mY I+and and official atai tR~ ~...~.~1 da of brua r 6
-T Y A. D. 19 7
Notary PubL'c in ~nd for the State of Flaida at luy~ ~
Retum Ta " - ~„?~•u~r~~r.',~ r,My Carrnisiion txpira: ~
t' ~ ,
Fnt F~der~l Savinps i loan Aaociation ~ , ~ ~ . ~ 3 ~ _ Nolary PI~c. SUt! 0~ f10~Id1 ~ • '
iJ . I
Of Fwt Pierce. - • ~i ; ~ • AAy ~sioA Expires Sept. 23. 1969 ~
Fort Pieru. Norid+ - ~ `
b A~wic~ iw ~ G~wM~r G.
RILEO AND RECOROED ~ L- - : - _ = - ~
ST. LUCIE COUNTY. FLA. t~~~ J~ INIAYMENTOiTAX6~
RECORO VERIFIED - ' - ~ - suEa+ cuss~c' INTAMGtBIE r~oN~?~ ~ao~anr.
;'1 ~ rURSUAMT TO CHAtTER 20721, A S OF 1l41.
152553 i: : • = .
; i , RpG`R PQRRAS, Gerlc Clrcuit Carrt
~ Apant for CU~TIS M.IMAES
~6T FFB 7 ~ ~ : ~ os
, , , , St. Woi~ tax CoMa~d~or
rO~i.R FOITR~S d~? ~~n~
CLERK CIRCUIT COUR _ 80pK164 PACE158z
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