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S. To plact ~d oontG?uovaly kNp on tM buildirp~ now o~ MreaftK sitwt~ on said land u~d on ~It equipm~nt ~nd p~onally oow~~d by this matp~ ~
•p~. with all pnmiwm tF~~on p~id ~ tull, fin i~fwanct in ths uswl tandard policy twm, in ~ tw~+ approwd by t!N JNO~tTGAGEE. ~nd wind~tarm
lnwranp In th~ u~wl sandwd pdicy fan~, tn a wm approwd by tM MORTGAGEE, in wch compaey w cwnp~~iu ~s tM MORTGAGEE ~y
d'ueaj a~d all fin +nd wind~w?n+ i~waea polKies on a~+y of s+~d build~np~„ ~ny inn~~ ttac~in a put rMnof, in tM +p~rpa~~ wm ~fonsaid or j
(n ~xpp Ih~nof. sl+~ii confain ttw uswt stu+dard mortya~e tlauk a suth otMr dws~ u t!» Allort9a~t~ may rpu'ut, m~kinp th~ Iws w~d~r a+~d po1F i
c~s, ~+ch a+d ~wry. p+ysbN ro s~id MORTGAGEE a in interest miy ~ppN~. and ~ad+ ud ~wry uxA poliq ~MII b~ p~omptly ass:q~+~d and d~livK~d to
•nr Mld by utd MpRiGwGEE a fu.~M. ~.owiti ro s.td monps~ debt~ ~Ild, 11pf Ilii tIMf1 tM (lO~ ~yf If1 ~V~M~ OI tlff f~[p~?11i01f Of e+cA policy, to dr
I~wr ro wid AI?ORTGJ?GEE ~ nnewal tMrwf, top~thK with a rec~ipt for tM p«mium~of such r~new~ij u~d tF~t sMll b~ no f'u~ a windstwm i~?sur~na
plsc~d on ~ny of ~atd bvildinps, ~ny intenst tMnin o~ pah thNwf, uol~as in tM form ~nd wi~h 0» lo~a payabte as ~ta~id: u+d in tM ~wnt ~ny wen
of ~noeNy b~cprw~ p~ysbb urd~ wch pdky p pol;Np ~aid MpRTGAGEE shall Mw tM option to ~eaiw u+d ~pply tM wn~ on accoum of tM ind~bted~
neu ucund l~~bp or ~o p~,it s~id MORTGAGORS ro naiv~ and ~ N w ~ny put thereof fw o~her purpwes, wi?hout thaeb~ w+ivi~p or impaN-
inp anY puity. tis~ or riqht und~. ot by vtNw of rtw morty~j and in rM svsnr q~d MORTGAGORS shsll ta any roason fail to ke~p rhe wid pemises w
iruund, or f~i) b delivK pramptly any of wid policies of inswanc~ fo s~id MpRTGACaEE, w fail promptly to psy fulty ~ny pr~mium therefor p ln ~ny
r~sp~cf (ail b pwiwn~, dischuy~, ~x~cub, ~ffM, complN~, oomply with ~nd ~bid~ by this oovenant, w any part ht~~of, Nid MORTGAGfE e++y placy and
Wv for sud~ tmwanw or anr part tMreoi w~thout waivirg w~ff~ctir~p +~Y oPtion, ~ise, eq~~l?. or ripht vndw or by vi.tw of this Mwtp+~. ~r?d tM
full amount of ~ad+ ~+d w~ry such paymN+t sMll b~ inrnedia»ly dw a~d p~yabl~ ~nd sl+~ll besr ints~est from ~h~ dat~ th~reof until paid at tM rst~ of
n~~ie PK ca?tum pK urwm u~d Mpa~her with such interest shall b~ s~cv~ed by th~ li~n of t!w mo~tpape.
1. To pKmt~, oommit or suffer no waw knpairment a dererioration of :aid property or any put thereof.
5. To pay all and ainQ~lu th~ cosy„ cMrpq ~nd expenses, includinp s reawn~bk ~tton+ey: fes ~nd oosb of abshacta of title. incvn~d w paid ~t
any tirn~ by said MpRTGAGEE, Mcause or in the ~wnt of tl?~ failuro on ths part of tM said MORTGAGOR w duly. promptly ~nd fully p~rform, disthuq~
~xccut~. ~fhd. oompt~tt, eomply with ~nd ~b;ds by ~ad~ and every tAe stipvlations, aQreements, conditiorn„ and oownants of said promiswry not~ aod tha i
mortpp~ anp or ~itl~, and s~id cosq„ tfiuy~s u~d ~xpenses, ~~ch and ~wry, sh~ll b~ immediately d~?e and p~yables wMthe~ a not there b~ r.otic~ d~ ~
m+nd. ~~?~mpt to cdtM a wie p~+Jiny~ and tFw fvti amount of ~ach and wary wch payment shall besr interese from t!~ datt tMrwf until p~id ~t tM
role of n4w p~r centum p,er an~wmi and alt s~id costs, chsrges u~d expenses incwred or paid, ropether with wch inter~at, ~hall b~ ucw~d by tM Iwn of tiia
mortp~p~. • ~
6. 11wt (a~ {n tht ~wr?t of any br~ach of this Mortyp~ or default on Nr ps?t of rhe MORTGAGOR, or (b) in tM ~vent any of s~~d sum~ of morwy ~
+'»rNn nhn~d to b~ not promptly and fully p~id within tl+~rty (3p) days nex~ afte~ the same severally become dw ~nd payabl~. without d~m~~d w ootia,
or (d tn tM ~wm wch and ~very tF,e sNp~rktiora. ~greements, cond~rions snd cow.?anh of s~td promiuwy not~ ~nd th~s morty+pe a~y w ~ithr? ar~ no1
iuly, prompHy ~nd fu11y pKforrn~d, dis.-A~ryed, execvtsd, effected, completat! compl+ed with and abided by, tMn Li ~ithK or ~~ry wch ~wnt tM said ~
pr~gat~ wm n~1;pn~d in iaid promissory not~ then rernai~ir?p u~paid, wirh imerest acuved, a~d a11 mon~ys t~cvr~d. her~bY, slyll becom~ dw ~~d pay~
ebt• forthwitFy Ot tMfNftN, at th~ opY~on of said MORTGAGEE, as fvlly ~nd comple~ely as I/ sll of rhe said ~v~ns of monty rwrt pipin~lly uipul~ted
ro b~ p~id pn wch day, iny~N~g in s~;d prom;uory note or in this Allwtyaye to the conrrary notwithstandirg; and tMrwpon w thereaRer at tM option of
s~id MORTGAC~EE, witFw~A notip or dem~nd, wN at law w in pviy, therefwe o~ thereafter begun, may b~ pras~c~t~d a if all e?oneys acvr~d hereby
had malwsd prlot ro its irotitvtion,
7. That M tFw ~wnt tMt N tM beginninp of or ~t any time ps~din~ any wit upon thn Mortga~~, or to fo~~cloH h, or to roform tt, p to enfwu
PaY~f ~~nY u+~ms ha«vnder. s~id MORTGAGEE sh~ll spply to the Coun Mvinp juriulk~ion thereof fa tM appointmN?t of a R~ceivx, svch Covri slull
forthwith ~ppoiM s nceivN of sai~ mortpaped ptoperty all and sirgvlu, includ~ng all and a;nguls? ths Ineans, p?ofi», bsws a~d rtvenues fran wMt~v~t
wurc~ dKiwd, each ~nd ~vky o# wh~ch, it beinp ~xpreuly urKlerstood, a hereby mwtgaged u if specifiully set fath and dexrib~d N thi 9r~ntieq and $
hatKndwn dawes her~of, and wch IteceivK sMll have ~II the brwd and effective funct~ons and powen tn anywise!~
~need'ar a Covrt tp a ReceivN and
iuch appofntrnent sM11 b~ mad~ by wch Gourt as ~n admitred equity and a maner of ~bsoluro rigM to said MOR~('sAC,EE,~ ~nd w;rhout nferenu ro tlr
ad~qv~cy or inadpu+icy oi the valw of the properry mort9syed or to the solvency or insolvency of said MORTGAGOR o~ the defendann, a~d that such ~
renr~, profits, incoaw, ~sws and nvenues shst! be applied by such Receiver accadinQ fo the lien w ~quity of wid MORTGAGEE and the prsctip of wch
Court.
8. To duly. prornptly and futly paform, d',scF~ar9e, execute, effeq, complcte, cwr,plY with ~nd sbide by exh aod every ths stip~lations, apreem~nt~, ~
conditiom and eoverynn in a~id promisswy note and this mwtgage ut forth. ~ ~
9. Th~t In M» eve~t the oNmership of the mongaped prcmises, or uiy p~rf thereof. becwnes wsted in ~ penon othe~ th~n tl+s MORTGAGOR, the ~
MORTGAGEE, Its svcc~ssors and ~ss;9ns, msy~ without notice to the MORTGAOR, desl with such succ~ssor oi ~ucc~uor in interes~ wi~h reference to tF~h
mortg~p~ ~nd tt~ dsbt hereby secured in tM s~me manner as with Nbrtg~go~ without tn ~~y way vinatinp or di~cFN?Qi.~ the Mwtq~on' li~bility lwrt
u~der or upon tM debt h~reby secured. No s~le of tha premises 1?ereby mortgaged and no fabe~rance on th~ part of th~ MORTGAGEE a its successws
or sasiym and no extension of the time for the payment of the debt hereby secured yiven by the MORTGAGfE or its succeuora or au~yns, styll op~rab
ro releue, diuAar~, modify chang~ a affstt the wiginal liability of the MORiGAGOR her~uy eithe? in wFwle w in p~~t.
10. It b apscific~lly ayreed that Yrne is of tM easence of this contrad ~~d th~t ra waiver of any obli~aYron hereunder or of the oblipation k
cured Mr~by sMll at ~ny time thcreafier be held to be a waive? of the terms hersof a of th~ instrument securad harby.
11. In addition to the fwego:ng monthly paymeMS of princ:pal and imnest reqoired by the p~omissory ~qte secured hereby, mozTi7~sr cavanant~
and ayr~es to p~y to mortp~yee with each monthly payment an additional s~m estimaled by mortgagee to be eqwl to 1/12 of the annua! cost of the follow-
~^9~
A-All real properfy taxes kvied or assessed against tF+c above desuibed real estate.
B-Premiumt af fira and windttorm inswsnce as herein requ~red ro be urried on the improvemenb silwte on the above described premises,
C-?remlwns on such mortgsg~ guara~ty inswance as mortgsgee shall from tirt+e to time deem fit to carry on ths ban secvred hereby.
Morty+gee shaH from tirrK to time notify mortgagor in writing of the amount due and paysbk hereunder and such sum shall tF?e~evpo~ be d~e and
payable on the due date of the next monthly payment and each successive month thereafter until mortgagee sha11 norify mortgagor of a thange i~ auch
amount. Such wrtq shall be applied by mortyagee toward the paymeM of rsal property' taxes, inwrante prem;urtu, and mottyspe g~aranty inwrurce
premiurtq.
IN WITNESS WHEREOF, tF+~ said MORTGAGOR has hereunto set his hand ind seal the day and y~ar fiint afaes+id.
~~.5 r~ SNId~jnd drli pr~sente of: ~
cr_ ~ ~
, 6.~Z'~i - ,~,q
re..ry
STATE OF FLORIDA ~
cour~rr oF T. ~ ci A -
e.ra.,~. ~,~«„iW,~.,,.d Robert C . Kilvington ~
A 1 i ce Ki~ vinQton his wife, to m~ well known and known to me to b~
ihe individwb describ~d in and who executed tia foreyoirp instrument, ~nd adcnowledyed before ms tMt they exearted the ssme fw tM P~P~
rherein ~~~s~d. And ~ s~~_ ~ Ali ce K3IV~t]qto17
w~fe of th~ ..~a _ Robert C. K~1V~flRtOD - upon ~ sepa~ate ~nd prirar~
examir?~tioe~ by me taken iepsrit~ ~nd apart from her said huaband,
iar;ly ~nd withoet aey cornpubion, oo~str~int, a ~°~d and befwe me th~t she executed said instrument freely and vohio-
Pprehemion. ~~ar of or from her wid husb~nd.
WITNESS my Mnd ~nd official ..~i t?a, d,,, ~ Februsr a o. ~v67
Q`~ , / ~
FILEO AND RECORDED P"~'" '"d f°"h° s~,r~ ~ H°'~, ~ ~
' R~tum Ta ST. LUCIE COUNTY. FLA. Mr 'x~`°'' {
F~nr F.d.~,~ s,~~s a t~o.~ kso~Nr~w? RKCORO V~RIfIEO Notary P~.~"K. Sirt~ at Florida at ~
- Of Fwt P7erce. " 1171ii~~''
Fo.r v~eru. Fb.~da /~I. . ss~~ My Commssian Ex~ires Nor. 3,~• ~1 ~~i~~;
bud~d 6y we.nup Fr~ a ~ ir '2 'i ;
. z .~y
'6T FEB a~ ~ i: y~ n~ G q ~
• -~52"! / / - _ ~ ~ ~:Q~_.-, ;.r
v • =
~:O~ER i•OITR~S ~
: sd{ ~."~~~1-: ,i -
CLERK CIRCWT COURT ~ t;.~~Yy~~', f:
~
~
, ~~ti;~ ~ .
'~f ••......••C,
' . J.~-`~
p ~''~'~::t~ir~:~:~~ •
" BOOK 164 PACE1028 '
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