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T~ pl~ a+d aont4wiowlY ke~P on th~ buildieps raw or MnahN sirwf~ on s~id land ~nd on all ~quipnN~M MMI P~~oMlh awa~d b~ Mk °a'rb'
a~s. with ~II thereon pHd in futl. tin trn~xanc~ ia tM uswl suodard policy fonn, in ~ win ~owd b1? ~ MORTth~ MORTGAGEE ~Y
ira~n~a In t~ a~nd~rd policY tam. M a wm +PWowd by IM MORTW?GEE. In wcA canP+~Y
dk~~ a~d all fin wd wtr~tonn iniurann potici~s on any of wid bvitdiops. any {ntaat th~rain a.parl tMrwf. M+ th~ p~p+b wn? aforaaid a
1n uas~ tlwr~of. ~h+ll ooelain th~ uswl s~andud ma~9ayN davs~ a wd~ aher dava a tM Mat9p~ nNY nquira ~?~inP tM lo~ un~ ~+W P~'
cie~. ~+d~ ~nd ~wrp. P+Y~bI~ w s~id MORTGAGEE ~a its imsrn~ may appw. ~nd eacA ~nd ~vKy tuch po~icl? sMll M promptb Ns~~d ~nd d~liv~nd ro
any h~ld by saM MORTGAGEE u furthN security to safd mortysp~ d~W. ~nd, not ks~ ~han tN+ l10) d~y~ M~ +dv+na of th~ ~xpkatiao of ~sch po1kY. ~o d~
liw? ro wid MORTGAGEE ~ r~wal thsr~of, tope+Mr with a ncNpt for tM pr«nium of wch r~r+~r +~d tlwn ah~ll b~ oo fk~ a windstam Inw?+na
pl+nd on ~ny of s+id buitdi~ps, aMr lntenst tMr~in w put thereof, unleu in iM fonn and wi~h !!y baf WYabb a ~fonsald~ a+d in th~ wNn ~ry/ wm
of mon~y b~oon»s p~y+bh widM wch polky a policMS s+id MORTGAGEE sMll haw tM optan to natw u~d ~pply 1M wn~ on ~caow~t o1 tM M+d~bted~
nea s.cw.d Frnby w a pumi~ sad MORtGAGORS ro r.ceiv..nd w. n or sny pu~ tM.wf fa other pwpw~s, without ~Iw~•b~ waivtnp or Nn~si~
irg ~nY pu;~y. li~n w ripht uoder or by virtw of thL mors9~pet +i+d in tM ~wnt wid MORTGAGORS sh~ll fa nawA 4i1 b k~ep the wid pnmisN w
iniund, or idl b d~liwr promptly a~r of ssid poticies of imwux~ to aid MORTGAGEE, a f~il prompNy to p~r fvlly any premium thK~far a in ~nlr
resp~tt fatl b pNiwnl, d'atharge. ~xecut~. ~H~ct, compl~te, oomply with and abide by M~it aow~nt. or +ey P+n Mhoi, s+id MORTGAGEE pl~a aed
P+Y fa wch irowano~ o~ any part tlwr~of withovt wshrk+p w aff~ctinp ~ny cMion. ~Nn. pulh?, or ripM undK or. by virtw of tNs Mor~p+p~, and tM
full anaw+t of ~ad~ ~nd ~wry wch payrt~t sh+ll b~ imnediat~ly dw snd piy~bl~ aod shall b~sr intKaf from th~ dah tl+enof untq p+id N th~ rab ot
nin~ pK uewm p~r anwm and tog~ther with such interest d?all be secwed by tM li~n of this mortpapt.
1. To pKmit, aommit ar wffer no w+st:, knpa'ument or detKiw~tion d s~id propKry or +ny p+N tMnof•
S. To pay ~II and sYqular th~ cost~, ch~?~es ~nd ~:prws, includinp + n+son+bb +ttaney's fN ud oosri of ~tncts of titb, iea~rc~d a p~W at
any tim~ by wid MORTO~/1GEE, b~cws~ or in tl+e eva+t of the failun an th~ put of tM s+id MORTGAGOR b duly, P.a~h «~d i~ih v..torni. dach.ro~,
execut~. ~ffast. aompktt. oomply with and ab'~ds by txh and wery the stipulations, apreements, conditiom, and aovrn~n» of s~id promi~soty +ed tha
mort9+p~ siyr a ~ithe~. and said cos». cM?9as and ~xpens~s, ~ath and ewry, sh~tl b~ Mnrn~diately dw and p~y~bl~t wMtha o? ~ot tMr~ b~ notia d?
mand. stt~rt~pt to co11M a wit pMd~npt ud the fvll ~mount of exh ~od every wch paym~nt ahall bear int~nst f~an tM d+N th~nof unfil pdd N tht
rate of ~e per antwn par amum: and dl said cwn, chupea ~nd lxpaaes incwnd or paid, topNMr with wd+ intw~st, ~MII b~ s~cw~d b~l tM li~n of thi~
^wrtp+p~. .
6. ihat W in the sw~?' of any b~sach of this Mortys~ w d~fa~lt on th~ par~ of ths MORTGAGOR, a tb) in tM ~wM +ny d~aid w~ of nwney
herein r.fur.d ro bs na p.omp~ly and futy p•td wirhin ~hi.ry C~) days nex~ ~ftm tM ueew severaity ~+aean~ du~ ~nd WYaW~. wNhovl d«nand or. twtiw.
or (d in tl+e ewm each and wery ths stipulatwos. +9?aemsnts. cond~tions u~d cowrMnb of said promiswry not~ and tFia morqap~ ~ny a eitl~t ar~ no1
iub. P~~Ptly and fuly pNformed, d~sd~uqed, esewted. eifacted. canplered, aornplied with and ab'~dad bY. tMn M~ith~r a any wd~ w~nt 1M s+id ap~
g~egatt wm mentia~ed in said promissory note then rerwininy unpaid, with iru~r~st acuued. ~nd all mooeyt wc~ted hu~by. ~MII b~aarw dw a~d p~y~
abte forthwith, or thereahe~, at fh~ option of said N10RTGAGEE, as fvlly ~nd compl~tely as if all of tl,~ said sunu of mon~y w~n agin+~ly atipulated
ro bs pa~d on wch day. anyrhinp in said pranissay nore or in rhis Mon~aQe ~o tM canaary nawithsandlnpr a~d tMrwpoe a ther~ahM at tM option oi
said MORTGAGEE, without not~ce a demand, wit at law or in equity. ~fie.eFae or th~r.ah~r bepvn, m+y b~ praNCw~d as if all monrys wow~d h~nby
had tnatwed p~w ro in imtitution.
7. Th~t in the event that at tM beginning of w st'fay t~me pendinp ~ny wit upon this MwfysQ~, a fo fonclw~ if, a? b niam If. a M a~fwq
paymee~f of sny daims hereunde~. s~id lNORTGAGEE shall apply ro tM Co~x~ hsving jvrisdiction Ihereof for tM appoi~+tm~nt of ~ R~csiva. wch Court sh~ll
(orrhwith ~ppoiM ~ racclver of sa:d mort9ayed property al) snd singulu, indvd~ng all ~nd iugulu th~ inwrnt profits, bsws and nwnws from what~vK
souru derived. each and every of whah it beinp sxp.essly unden~ood. is hereby mwtgaged as if specifically sN forth and dNCrib~d In tl~ prantinQ and
haber+dwn clauses I+enwf. and such Reosiver shall hsve all the broad and effeuive funct~ons and pow~~~ in anywis~ entrwted bY i Court ~Q ~ R~oeiw?. and
•uch appointment shall be m~de by svch Caxt ss an ~dmitted equity ~nd s m+lter of ~bsolut~ rqAt to ~+id MORTGAGEE, and without nfereno~ to ti+~
edequscy a i~adequacy of the value of the property mortgayed or to the sohre~cy o? insolve~cy of siid NWRTGAGOR a the d~fer~n», and th~t wd~
rer+rs, profin. income: iss~es snd r~venws shsll be applied by such Receiver accwding ro ths lien or pviry of s~id MORTCsAGEE and th~ practia of wch
Court. `
8. To duly. P?amPtN. snd fuly pufo?m, dixharge. execute, effect. comPk% canplY wctl, •~d ab~d. b~r .ach «d .wry *M atpulariaa~. .pn.m.na.
conditaro and oovenann in said promhsay note and this mortgaye set forth.
9. Th~t in the ewM ths ownership of the mort9+0~ P«+^~s~s, w aey p~rt thereof, beoomes wshd In • perwn othK Mwn tl» MORTOAGOR. thr
MORTGAGEE, its wccesson u~d suigns, m+y, wirho~t notice to the MORTGAOR. deal with such wccessa a K+catsor in int~est with refennu to thp
mortgaye and the deb~ hereby s~cwed in the same msmer ~s with Nbrtgsgw without in ~ny w~y viti~Yinp w dachupinp the Mwtpapon' Ii~Wlity Iwf
u~der or upon the debt he~eby secured. No ssle of the premiscs henby rtwngsged ~nd no forb!+uance on th~ put of th~ N10RTGAGEE w Ns woussors
or assig~ and no ex~ension of the Yune for the payment of the debt hereby secured yiwn by ths MORTGAGEE or its wocessors a assipm, ih+N op~~t~
to rekass, d'isth~rp~, modify tharge or affed the original li~bility of the MORTGAGOR M~tirt. eilhet in w6oM or in part.
10. It b specifically agreed thst time is of the essence of tha eontwd snd tiwt no w~iver of aMr obliyatan htrwnder or of ths obllpafion sr
cured hereby shalt at any time tl+ereafter be held to be a ws'wer of the terrt~s hereof or of the irotrvment secvred harby.
11. In add~tion to the foregoa+g monthly payments of p?i~c:pal and inte~est required-by the promissory i+ote ~ecured hereby, mortp~pot o~venseM
and agrees to pay to mortgagee with each monthlY paYment an ~dditional wm estimated by mcrtgagM to b~ eqwl to 1/12 of tlr amw~l mft of tke fo!~oti+r-
ing: '
A-NI real property iaxes kvied o? assessed against the above described real estate.
B-Premiums on f'ne and windstorm insurance as Mrein requ~red to bs curied on the imptovemenft sitwf~ on fhs ~bove d~scribed premiNS.
C-Premiums on suth mortgage guaranry irtsurante as mwtgsgee siwll irom time to time deem fit t0 uny w~ tM ioan sewnd hereby.
~ Mort9sgee shsll from time to time notify mwtgagor in writing of the amount due aod payaWe here~mdet and wd~ wm sl»II fMrevpon b~ du~ and #
payable on the due date of the ~ext monthly payment and each successive mo~th thereafter until mortyspee ~!I notify mort~w of • chaeg~ in wch
~ amount. Suc1~ wms shall be applied by mortgagee toward the payment of real property taxes, inwrsnte :ums, and mortyape yuuanfy insurarw
premiums.
IN WITNESS WHEREOF, the said MORTGAGOR has hereunto iet his hand and ceal the day snd finf aid.
ip~l, Ss d and ! red in the presenos of:
n
, ~
.
~
• f5uh
STATE OF FLORIDA 1
courm oF S t_ Luc i e i~
eer«e me p~r.«uuy .pp...~d W A P a? mer ,na
Lo i se P almer his wff~, ro m. ~ii ~.~,a ~ w ~o b.
the indviduab desvibed in snd who executed the fue~oiny i~atrument, and scknowladDed !»fon m~ that tFNy ex~ated th~ saa» for th~ purpw~s
~he,ein ~cp,~,s.d, ,h„d ,h, ,,;a Loui se P alme r
,N~re of rhe s.td W. A. P&lmer • . upon + s~paar. and prh?.a
examinaYan by me tsken sepuste and span from her said Mnband, aduwwledged w and befon ms th~t sh~ executed said irutrvment frady and voluo-
tarily snd witiaut N+y compulsion, cautraint, appteF~enyqn, a fex of or from ha said iw+sbu~d.
WITNESS my hard and official sed thK /~"V dey of A. 0. 19~1~.
_ . Notary Pv in and for fhs Sf~N of Hotida at Larp~ -
. . . . ~ _ _ , _ . . . , . 1 My an t~p~s
~ DiCUMEN ~T.=~: iv 1A:~ 1 R4 t ~A i~~C~gA
~ Z = =
=O-=~T~ _ ~~n~~it~~r~' ~ 6 1a87,
. v.-s_~': .
a = tt~itl~ 6T ,,.:t, ~ r;; 4 sT ~uety Co. of N. Y.
• ~ ~ a ~ 0~ . ~'~;r~' _ ~RE /
i1) ~ tCM~TRCLLEA :
JV~~ -k.. ~ / ~P ~
p~.14Gi33 `zco~v, - = t . • ~ ~ . ~6. _ r . ~ ~ /r~~~ ~ 3 ~l
~ ~ ! 1 u~Q ~g AM
. . . ~~=r:~ ~1 Xj ~ , : ~ '6 . f'~w,
: o ! ~ - ~ - ,~53~716
~ ~~'~~tj~'•r, l~~t'~'=` ~0~~~ ~UIT r'~~RT
„ -
p~' S'+ HZ;;. . ~LERK CIR
.
` BOOK ~65 PAGE J62 ( .
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