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S. fo pt~a snd ooMMN~owh? ~+P a+ rh~ buiidk+ps now a 1~«i»r sin?u~ on ~atd Ia~d a~d o~ au ~quipn~nt and p~+wn+1y oovK~d b1? ~+Q~
p~, wkh ~Q pnmiunN tM~eon pwd In fvil, fin Luw~~u in tM wwl s~and+rd policy fo.n~, In s awn approwd by th~ MOR~GJ?GEE. +~+d wM+d~wrm
i~auwna te ~ wwl surwlaed poiicy forai, in ~ wm app+owd b~l N?~ MORTGAGEE, In wch comp~nr a aoMp+ni~ a/M IWOit4GAGEE ~Y
d'r~ctj ~nd ~II .Hr~ ~nd wi~kWne Naw~np Pdki~s on ~ny of s~id b~ildi^p~. ~n11 inNn~1 th~nie a part d~tof. ia th~ +pprpah wm ~fo~sNW a
1n ~oo~ tlw~of. ~lwll oon~dn tM vwal st~+d~rd mor~9~ ct~ or wch alw da+n~ a tM Ma~+pM m+Y ~~Y 1h~ low wKl~r ~+id Poli~
ci.s. ~.d~ .nd rwry. Wrabw a wW MORiGAGEE as in i~u..ea a~y ~pp.~r. and .ad~ and ~vay wci+ policf? ~MU b. Pro~pNr •nd ddtv~nd a
u~y Mld by wid MORTGI?GEE a fu.the~ ucwiq ro s~id ma~pa~ debt. u?d nw las th~n ta~ (101 d~ys M+ ~dvana d tM ~xp4ation of ~ach policy. to d~-
ftwr b wid N10kTGAGEE ~ r~rwal tMr~of, top~thw with a nuipt fw tM promtwn of wd~ r~w~li and th~n ~h+ll b~ ro fin w wMdstorm Lawana
pl~ad on ~ny of ~atd buildnp~. +eY inter~st tMnin a put tMrreol, unleas In th~ fonn and with th~ loss pay~bb a afon~atd~ ~rd tn th~ ~wot ~r wm
of mo~r b~cpnn p~yabb w~d~t wch polky or policia aid MORTGAGEE shall haw th~ option ro no~iw ad apphr iM wnw on icoow+l of th~ pKMbtd~
n~u Ncur~d Mnby a w pwmil wid MORTGAGORS to ne~iw ud us~ H a aey p+r~ tbenof for ahar pwpos~, w;tlaut thNeb,~ walvln~ a imp+M-
irq ~ny puity, ti~n a ~ipht undsr o~ by v~rrw of•thia mortyap~i ~nd ln tM ~wm wid MORTGACORS ~hall for any r~a~on fail to kNp th~ wid pn~n1~ w
inwnd, w f~tl to d~liw. p.omptN a~y of ssld policiss of insu~ano~ w s+id MORTGAGEE, a f~il promptly ro pap fully ~ny pr~miwn tMnfor a in any
rtip~d fait b pafonh, dlscMrpe. tx~cut~, efl~ct. oomPl~t~. oon+P~Y with ~nd abid~ by th4 co~v~naeb or any prt M~wi. said MORTGAf3EE nwy plaa and
WY fa wd~ irauwnu w~ny put thK~of withou~ w~hrinp w~ffaUig +~ry? oMion~ Ikn, pu1b. or ripM vr~ a by vtr~w of this lYlorp~. ~nd th~
full arnouM of ~ach and ~vKy wd~ p~ym~nt ~hall M inwnedt~telp dw am! pyabl~ and sh+ll bw 1ntKat trom th~ d~» tl~wf uoNl p~~d a tM na oi
r?in~ pN cvntum p~r wvwm and to~th~r wiM wch lnterest shall b~ secund by iM li~n of Mh nwrtg~pw
1. To p~rmit, aommit or wffK ~+o wu». 4^Wireneet or d~te?ioration of s~id property o~ a~r part 1hKwf.
5. To pay all a+d si~+pul~r eh~ ooata, clw?p~s w~d exp~nws, indvdinp s rsasoMbl~ ~tta~eY'~ fM ww! aosfs of ~bahacu of Ntlq i~cwnd w pNd at
any tin» by s~id MOitTGAGEE. Muus~ a in tM ~wnt of the failun on ~M P+rt d tM wW MORiGAGOR a duly. v~«~w~y «?d f~,iN w~fornn, dwc~a
execva. ~Hed. aomplet~. tomplY with and abid~.by ~sch a~d every the ~tipulatio~a. preements. conditioro. ~nd aown~MS of wid promissory rwt~ and thit
n+or~+p~ ~nY or ~itlw. ~nd sa~d oosb. d?wyes u~d expens~s„ each and ~wry. ~h+11 t» immedately dw u~d psyabbt wMthx or nw tMr~ b~ notia d~
mu~d. dtanpt M ooll~tf w wil pst?d~gt and the fvll ana~x?f of each end ~y wth Q~Ymse1 sh~ll bssr int~ttst frorn NN dN~ tMhof w+til pid ~t t!N
ra+e of nir~ pN aotum pu anw~nv ~nd all said o~sts. c1+~ry~s and ~xpensss irKwhd a piid. top~tl~ with wch~iM~np. sh~ll b~ s~cw~d bY th~ liw? of thN
mor~p~.
6. TMt W in tM w~M of any brexh of this Mortysp~ w d~f~ult on tM put of fM NWRTGAGOR, a(b) in tM w~M a~y of sald ~una of mo~y ~
herein r.hn.d ro M nw p.omprly sn~i fv11y p.id wt~h~n rhire~r (30) days n~at after tlr sams sever~lly b~com~ dw ~nd paysbh, withovt dwn~nd a no~ia.
or (d in tM ~vMt ead~ and ~wry? tM stipulationa. pr~ana~n. conditions and cwnrwnb of said promis~ory no» ~nd tirs mortyap~ +nY or ~tMa ~n ow
iuly, praopth ~nd fully pKfamed, discMrped execund. ~fhded, comPl~nd, canplad with and ~bided ry, tMn in ~itMr or ~ny wd~ ~wm tM wid p~
gregat~ swn m~ntia»t! in aaid promisaoty not~ thet~ remainirg unpaid, with intereat atcrued, and all mon~ys Mtw~d hK~by. ~It b~oonr dw and WY`
able forthwith, ar thereafter. ~t ths opYan of aid MORTGAGEE, a fuly ~nd compl~tely u ti all of ~M w~d suna of moMY w~n a~p'm+~h ~t~pulated
ro be paid oe~ wch d~Y, anYthug in sa7d promisaory ~ote a in thts Morrp+p~ w tM connsry notwirhstsnd+'rpr +nd tM.~upo~ or thsnaftu at tM op~an of
isid MORTGAGEE, withow noric~ w demand, wit at I~w w in puiry, iherafon or thae~ftei Myun, may be prw~cuted a ff dl maKys Ncw~d hK~by
had m~tured prior M in institutan.
7. Thar in th~ eve~t tMt at the beginning of or at any time psnd'rg any wit upa+ thb Mo.rya~t, a to fancloN N, a to nfam k, a to anfwa~
paymeM of ~ny da'uns hereu~der, said MORTGAGEE sh~ll apply to the Cwn h~vinp jwisdiction thereof for tM ~ppantrtwnt of a R~aivw, wd~ Caxt shdl .
forrhwith appoint a recsiv~r of sai~d matya9ed propKtY all uid sinpula, incl~d~ng ~II aod ~tnyvlu 1M Mcane, po(its, iswN ~nd ?wM?ws fton~ wh+1wN
wurce dKivcd. each and ~very of whkh, it be~op ~xpressly vnderstood. a hereby mon9~ged a~speciEkHF! ~f"T~at~ and dew~d M th~ ~antNy ~nd
habend~Kn cbvses hereof, and s~ch Reociver sl+alt Mve all ths brwd ~od ~ffectiw funct~ons and pqwtn in`aeywist ~nnuatad b~r+ Gowt tp ~ R~aiwr. u~d
such sppointmeM shall be made by wch Court u an sdmitted eq~ity ~nd a matt~? of sbsolu» righl w ssid MORTaAGEE. and without nf~rMa to th~
adequscy or insdeqwcy of the v~Iue of the property mw~yaged w to the wlvency w~nw~v~enty of said MORTGAGOR a th~ d~fa~dants„ and thal wch
rents, profits, irKOn+e. issues and rsvenws sMll be applied by suth Reoeive~ scoordinp ro tFN lien or ~qvify Of siid MORTt3/?GEE and tM pwctio~ Of suth
Court. ' • ~ ~ '
8. To doly. P?a^Ptly and fullr perform, disd?arye, exea?te. ~Hect. comp{N~. ~omp1Y with ~nd abkb b~r esd~ and ~wry ti» st(~wl~tiaa. ~pn~b,
conditaro aod covensnts ~ asid promhswy note and this mort~age set fath. " . -
9. That in th~ event tM ovn+ership of the mwtyaped premises, w uiy p+tt thereof, beeanes wstd In a p~twn o1Mr~ th~n th~ AIIORTGAGOR. f~
MORTGAGEE, hs wccessors ud assi~ns, m+y, w~thout ratica to the MORTGAOR, deal with such waesaa p fuaastw in inte~at with nf~r~n to th~
mortgpe u~d the deb~ hereby :ecwed in the same manner u with Mortgspa withovt in ~ny way vHiatinp w distiNrpinp th~ Mwty+Ows' (iabllity her~
under or upo~ the debt lxreby secwed. No sale of the premises hereby mortgsged and ~o forbearanp on the put of tM MORTGAGEE or ib watsiors
w auigns and no extension of the time for the p+yment of the debt hercby iecured y'rven by the MORTGAGEE or its woo~swn or assipns, aMll op~iat~
to rekss~, discharye, modify cfi~nge a affect tM wigi~al.liability of the AFORTGAGOR hKein„ either in wholi or ln put.
10. h is specific+lly agreed that time is of the eucnce of tha contract and that no waiwr of a~y oblipatan hereuoder or of tlr oblipation M-
cured Fiereby shall ~t any time thereafter be held to be a waiver of the terms heteof or of tM instrument acvnd haby.
11. lo addition to the forego:ng monthly cayments of princ'pal and intnest required by the promisto+y note seturod hereby, mortga9or oowtWnts
and agrees to p~y to mortyagee with exh monthly payment an addirionsl sum estimated by mortgagee to be eq~ral b 1/12 of the snrwal cost of th~ follow-
in~:
A-AU reat property taaes kvied or assessed agair~st the above described resl estate.
B-Premiwns on fite and windstwm inwranoe as herein req~ired fo be urried on the improvemenri sitwte on tfie abov~ destribtd pramiws.
C-Premiums on such mort9sge 9wranty insuranoe as mortg~gee ahall from time to time deem fit to urry an ths ban secutsd hereby.
JNortgsgee shall from time to time notify mwigagor in writing of the amount due snd payable here~x~der and weh sum shall fherevpon b~ du~ and
~ ;.ayable on the due date ot the ne:t monthty payment and sach successive month thereafter untit monysgee shsll notify mortysgor of • cF~anp~ In svch
~ amount. Such sums shall be applied by mortgagee toward the payment of real prop~rty taxes, insurancs prantums, and mortgaQe 9uaranty Inwwnc~
premiu~ns.
s WITNESS WHEREOf. the s~id MORTGAGOR has herevnto set his hsnd and seal the day and yur fint aforpaid.
~ S~SI~d tM p of: • ~
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STATE Of fLORIOA ~
courm of St. Lucie
e.~«. m, ~„a„u~„~,?.d IIr~al Dee S~r~ dling, a aingle adult ~
=+n~aer to m. wel~ kno~m .~d w,awn to m. to b.
rhe individwb deauibd in and w!a txsa,red the fweyoirp instrum~nt, and ~cknowledg~d befw~ m~ that Nwy ~x~a,hd th~ sarne for th~ purpo~es
rherea~ lxphsMd.~~,a~~ua w2
' :i-~'~ ~NSI/Ut~~~~ 't4+~
WITNESS my htnd and offioia) ital d+~r. - r• ~~~7~b~.
~~~.w~-.,, .J~ , r
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NOtafy ~it (f1 Nfd fOI t~ll ~ ~ .
MY Commission e~Pirrss 4 s ic, i y: ~~I~~
Retum Ta ~ ~ ~i~ -
Fva F.d.a~ s.virg. a Loan /Woci,t~«? '"-J;~ J~Oti y
ri 0~~~ . NOTARY PUBUC. STATE oI F10RI0~14 o~-=
~ST~~~~~""' ' LA~ MY COMMISSION EXPIRES APR. 1~.~~'""~~~~~~~~.•~~
RECORO VERIFIED ~
1538'~'
'61 NAR. 20 AN 10:04 ~
~~dti,~~ . -
ROCER i~4i'fRAS
CLERK CIRCW? COURT
eoa~165 P~~~ 600 , t.~- - ~
s;~> ~ ~ Y!~
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