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To piap u~d conlinuovily kNp on tFa kwildir+ys ~ww w here+ft~? u~uats on ia~d land snd on ~II pvipr~t and pasoe~lly cowr~d by this mat~
ps, with ~11 pnmivm~ thKwn paid in full, fir~ insurana in th~ uiwi ~undard policy farw, in a~wn approwd by tM MORTGAGEE, and wind~tan?
tnw~ae~ te tM uwal st~nda.d poliey fam, in • ium approved by th~ MORTGAGEE, in ~uch eomp+ny a eompania ~s tM MORTGAGEE n+ay
dir~j ~nd ~11 i&~ and wind~torm insvranos polK~es on +ny oi s+id build~npy any leh~~st tM«in a p~rt tl+Kwf, tn ~M pp•rp~~~ wm ~fa~uid a
In ~zcNS 11wwf, sMll tontain th~ uswl st~ndud mat9spN clavse or wch aF~ clws~ u tM Matype~ m~y ~p~'ut. m+kinp fM lou wdN s+id potb i
cie~, tach and ~wry. paYabl~ b s+id MORTGAGEE u its intere~t may ~pp~s~. and esch and ~very s~ch poliq shall b~ prm+~ptly ass:p~wd u+d d~livKSd ro ~
~ny Mtd by said MORTGAGEE a funl+N secvrity to said mortys~~ debt. ~~d. not kss ~Mn tM l10) days in advanue of the ~:piration of ~ach policy. 1o d~ (
t~v~r ro aid MORTGAGEE •~en~w~l tMr~of. top~rl?K with a rece~pt fw the p~mivm of tuch :e~ew+l; ~nd tMn ~MII b~ no fu~ or winds~orm inswanc~ ~
plaud on ~ny of wid buitdinps, aay intanl thK~ie w par~ thereof, unteu in ~he form ~nd with tM lou wYabl~ u aforei+id; and in tM ~vent awn
of mw»y b~conw p~yabN w~dK wch policy or polici~s s+id MORTGAGEE shall have ths op~ion ro r~uive and ~pply ths s+rr~e on accarnl of tM ind~bted-
neu s~cw~d Mr~by o~ W ptrmit s+id MORTGAGORS to ~auiw ~nd tis~ it p any part thereof fw other purposes, without the~eb/ waiving or ~n+p+i?-
inp any puity, li~n or ~iyht u~dsr a by virtw of this mortya9e; ~nd in tM ~vent Wid A10RTGAGORS ih+ll fw any ~eason fail to ke~p tM siid pr~miies so
insurd, w f~tl b dtlivK ptotaptly ~ny of said polities of insursncs to ssid MORTGAGEE, w fail promptly to pay fully any ptemium therefw p in ~ny ~
respett f~il b pNfan?, di~cMrp~, execvt~, effett, campkta, comply with ~nd abids by this tovenant, w~ny part haeof, saW MORTGAGEE m+y pl~q +nd
paY fw wd~ inw?anc~ a any part tMnof without waivinp or iffec'irg ~ny option, lia+. puity, or ~ight vnda a by virtw of this Mwty+p~. and the
full ~mount of t~tA and twry wch parmsN shall bs immediately dw and payabk and shsll besr interest from tM dat~ thereof ~n~il paid at tM rat~ of
nine pK centum pa anrwm and topather with ~uch interest shall be secvred by the lien of thts mortpspe.
I. To p~rmit, conunit or s~ffK no wast~, impa'ument a deteriwation of said p?operry w any parl thereot.
5. To p~y all ~nd slnQular tM costs, charpes +nd expense~, inclvdinp s reasonabk +norney i fee and cosn of ~bstracls of title, incurr~d w paid at
sny tim~ by s+id MORTGAGEE, b~cavss or i~ th~ ~vertt of the failure on ti?e pa?t of ~M said MORTGAGOR ro duly, pro~lly snd fv11Y perfwm, dwcha~,
~xecut~, ~ffetl, complet~, comply with and abid~ by ~~th and every the stipulations, agreemenh, condiYw~s, and townants of said promissory note snd thu
mort9ay~ any w eithe~, and taid costs, cMr9es a~d expenses, e+ch and every, ahall be immediately due snd pey.:.le; whether w rot tMre b~ rotiu d~
mand, ~tMmpt fo oollact or wN p~nding~ and th~ full ~rravnt of esch and eve*y wch paymem shall bear intsreat fran th~ date thereof vntil paid a~ tl+~
rera of nin~ p~r centum pa uwwm; and sll said own, cMrpes and expenses incurred or paid, togNher w~th such intK~st, sh~ll seevr~d by th~ li~n of this
^+ort9sp~•
6. T}?~I in the ~we+t of any bresch of this Mortgaga or default on tM psrt of the MORTGAGOR, or (b) in tM ~vent any of s~id swns of monty
her~ln ref~rnd to b~ not prornptly and fully paid within thirty (30) days next after the same severally betome d~~e and p~yabl~, wi1lw~t derrwnd w notice,
or tn t!w ~wnt ~ach a~d evay tM stipuktioru, agreemenn, conditions ~nd covenants of sald promissory note +nd this mor~pape anr or either are no1
iuly, prompNy and fully perfwm~d, discharged, executed, effected, completed, complied with and abided by, tk::. L~ eithtr w any such ewnt th~ aid p~
greyat~ wm mN?tion~d in said p?omissory ~ots then remaining unpaid, with in~erost acuucd, and all mo~eys aecvred. her~by, sMtl becom~ dw ~nd pay-
abl• forthwith, O? fFNfNNN~ at the option of said MORTGAGEE, ss fully and completely as ii all of fhe sa~d wms of money were aipinally stipulated
ro b~ paid on such day, anythinp in uid prwniuory nore o. in ~his Mortgage ro the conrrary noiwiehsr~ndi~g: and thsrwpon o: thereaRar al the option of
s~id MORTGACsEE, witt?ovt notiq or dem+nd, suit at law ot in equity, therefwe or thereafter begun, may be prosecut~d as if all nan~ys Nwr~d hsr~by
hed matw~d prior to iri feqtitution.
That in tM ~vent that at ths beginning of a st ~ny time pendirg any su~t ~pon this Mortgsge, w to faecloa~ it, or to raform h, or to enfwa
paymcnt of any daims hsrevnder, aaid MORTGAGEE sMll apply to the Cou.t having jur~sdrcrion thereof for tM appo~ntment of ~ Receiva, s~cl+ Co~rt sh~ll
fo~thwith appoint s nteivtr of si morfqsyed property all ~nd singulsr, includmg all and ~ingular the incom~, profits, issws ~nd rewnues from what~vtr
wurc~ d~rivtd, esth ~nd ~v~ry o~which, it beinp expreuly understood, is hereby mwtgaged as if specifically set forth and detvibed in the ~rantinp u+d
habendvm dauses hertof, ~nd wch Receive~ shall have •11 the lxoad and effective funct~ons and powcrs in anywis~ entrusfed by ~ Courf tp ~ Rec~iver, and
such appoinlm~nt shall be m~dt by wch Cowt u ~n admitted equity snd a matte? of absolute right to said MORTGAGEE, ~nd without refertnce fo tM
adequacy w in~d~qvacy of ths wl~e of the property mwtpaged or to the soNency or insolve~cy of said MORTGAGOR or the defendanta, and that such
ronrs, profib, incoms, issues ~od revenues shall b~ applied by such Receiver accord~ng 1o the tien or equity of iaid MORTGAGEE and the pr~etiu of such
Gourt.
8. To duly, promptly and fully perform, discha?ge, execute, effect, complete, comply with and abids by ssch ~nd tvsry tM stipulatwns, ayrs~nenb,
condiYwns aod ooven~ori in wid promlasory note and this mortgage set fwth. "
9. That in tM event the ownership of the mortgayed premises, o~ any p~rt thereof, becomes vested in a penon other th~ the N10RTGAGOR, th~
MORTGAGEE, Iri successon and ~uiyns, may, withouf norice to the MORTGAOR, deal with such sucussor w Mxces~w in interest with r~fer~nce fo this
mortyap~ ~nd tlk debt hereby secured in the ssme mann~r ss with Mortgsgor without in sny way vitiating or distharyirg the Morty~pors' li~bility ha~-
under p upon fM debt htreby secured. No ule of the premises hereby mortgaged and no fwbcarance on the part of tht MORTGAGEE w in suaessors
or auiyr~ and rw extensan of the time fw ti+e payment of the deb~ hereby ucured given by the MORTGAGEE w its successort w+uiyns, sMll oper~t~
to relaas~, disclwrye, modify th~nge w affect the original liability of the MORTGAGOR herein, either in whok w in put.
10. It h specificslly egreed that time is of the ess~rxe of this contract ar?d thal no wsiver of any obligation hereunder w of tM oblipation ~e-
cured hereby ahall at any tims thereafter be held to be a waiver of the terms hereof w of the instrurrKOt secured herby.
11. In addition to the fwego:ng monthly psyments of princ'pal and iMe~est required by the promissory note secured hereby, mortysgor coven~nb
a:+d agr~es to pay to mortgagee with eath monthly payment sn addiiional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow-
1n9- .
A-All re~l property faxes levied a assessed against the above described resl estate.
B-Premiums on fire and windstwm insurance as hcrein requ~red to be carried on the improveme~ts situate on the above desvibed premises.
C-Premiums on such mwtgage guar~nty insurance as mortgagee shall from t~me to time deem fit to carry on the losn tecured hereby.
II Morty~gee shall from time to time notify mortgagor in writing of the amount due and payable hereunde~ and such sum shsll thereupon be dve and
~ ~ayable on the due date of the next mo~thly payme~t and each successive month thereatte~ urtil mwtgagee shall notify mortgagw of a change in such .
~ amoum. Such sums shall be applied by mo~tgsgee toward the payment of real property taxes, insurance prem: , and mortgage gw?anty insur~nce
premiurtu.
IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal tFx yesr 'at fw aid.
~ SiDewd. Seslad deliver in tM pr of: ~
~
'~GtyYytP ~y~st~'u~t~tS~a4
~ SiATE OF FLORIDA 1
courm o~ St. Lucie
before me personally appeared A k s e 1 A smu s s e n
Hanne w. Asmussen his wife, to me well known and known to me to b~
the individwls dewibed in and who exetuted the fore9oing instrument, and acknawledged before me that they executed the same for the purposes
tharein txpreswd And ths said Hanne A smus sen
.vife of the said A k s e 1 A smu s s e n - a sepuate aed privat~
examinaYwn by me bken aeparate and apart from her said husband, atkrawledged to and befwe me that the e:ecuted said irotrument frealy and volur?-
rarily and without any oompulsion, constnint, spprehension, fear of or from her said husband. L.~
WITNE55 my hand and official seal this 3~ dsy of A D. 19s~
~ -
~ - ary Public in a~d fw the State of Florida ~t lsrps
.a~.:~s;~t,rir., My Commiuion ucpires:
Return Ta. NOtiry PY~1[. Su~ 0~ Fl011di i~
~ Fint Federal Savlrgs 3 loan Aasocfation
~ Of Fort Pie~ce. ^ ~ :Ar Comanssion Eupira Sept. 23. 1969
~ Fwt Pierce. Flwida ~ v _ j s Ia~Iw ti A.wrcw f:r i GwaYr G.
~ = 4 _ c= ~ FILEO AND RECOROED ~
~ ~ = s ~ ~ = ~ 4 = - ST. LUCIE COUNTY. FIA.
~ - iJ ~ ~ REGORD VERIFIED
~ • f ~ t L ~ s~ : -
~ ~ • - t3 P~~: 3 ~
~ ~:.,:'r, , ~s~ ~
•'~I1c1111:1~.. ~ `~...r~~/'~/~
~ itOvCr r`01?R~S ~
~ , BOOK164 PACEz6 CLERK CIRCUIT CO~f~T
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