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To pl+c~ and coe~tin~owly ke~p on tM buildirgs e+ow w henafter sitwN a+ said land ~nd on ~11 ~qutpmMt a~d p~eson+IH towr~d b~ t~ ~o+q'
p~, with all pNnium~ thsrwn p+~d in full, fir~ iasw+nu in d+e uw+l ~~andard policy fwm, in a w~n ~pprowd bY tM MORTGAGFE, ~nd wind~rorm
Yaur~np tn th~ wwl standard pol~cy far~, in a wm app?owd by tM IUI~RTWIGEE, 1~ such comp+nY a aa^P+^~a +s tM MORTWIGEE m+r
dinctt ~nd all fin ~nd windsarm iniwanu policlea on ~nY of ~aid buitdinps, any intarat thHeie~ or pa1 /Mrwf. in ~M ~yprep~a swn ~for~aid ar
h~coes~ tM~wf, shall oont~in ~M vwal ua~dard matgagM cl~ua~ or such othe~ daus~ as th~ Matysp~t maY nq~in. maki~ ~M loss w+d~r s+id pot}
dp, ~ch and ~vKy. p~Y~p1~ ~o wid MORTGAGEE a it~ inreres~ may appear. a~?d each and ~w.y such policy ~haU b~ promptly us~p~d u?d d~IivK~d w
~nr h~td by a~~d MORTGAGEE u furtha se.-wity ro iaid mor~ysp~ dsM. ~r+d. not I.u tMn t~n p0) daya in +dvana of the ~~cpi.~tan of ~ad+ policY. to dr
hvM b wid MORTGAGEE ~ renew~l tF~wf, to~tha with a receipt fw tM premium of wch reMw~l; and ~Mn sMll b~ ~o fin o? w~nds~o~m ie?~w+^~~
piao~d on any of said buildi~gs, any interest ther~in a pa.t thereof, unka in tM fwm ~nd with tM toss p+Y+bl~ +s afore~sidj ud in tt~ ~wnt My wm
of moMr becomp payabl~ w~r such poliey or poliws said MORTGAGEE shall Aaw th~ option to ~eceiw ~nd apply tM sanK on +ccov~t of tM iod~btad~
etu s~cvr~d I+weby or b pamit said MORTGAGORS ro nteiw and ~ it a any part ther~of fw other pwpostt, wi~hout thaeb~ waivinp a imp+i~-
inp ~ny p~rity, li~n w ~iyhf undar or by v'vtw of this mors9~pe: and in th~ ~vent aid Al10RT,~,sAGORS ~hsll (a any otason fail to ke+p fh~ said prKnis~s so
inwred, a fatl 1o deliver pramptly uiy of said pol'wies of insuruKe to said MORTGAGEE. or f~il promptly fo pay iu~ty a~y premium ~her~for or h sny
r~sp~ct fail b pafor~n, dischargs. execut~. ~ff~d. compl~». aomply wi~h and abid~ by this covena++t, w any put Mnoi, said MORTGAGEE m~y pl+ce a~d
psY fa wch inawano? o? a~ny pari thereof without w+ivinp w ~ffectinp any option, li~n, equity, or ripM undK or by vi~tw of this Mw~{~+p~. +~+d the ~
full an+ount of tsch ~rd every such payment sh~ll b~ immediahly dw ud payabl~ and sMll bsu interest fran th~ daM the~eof vntil p~id at tM r~N ot
nin~ per osowm per s~+rwm and rogether wirh wch inte.Mt shall b~ s«wed by tM 1'Nn of th+s mwt9a~. ~ ~
1. To pamit, oommit or suffa oo wasM, imp+irmenf w d~terantion of said property or any paN thereof. • ~
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S. To pay ~II and sirgvlar the costs. chuC~s and ~xpMSea, GKludinp a reason+ble atfaneY i fe~ and cwts of ~batr~ts of title. inaxnd w p+id at ~
any time by said MORiGAGEE, b~cwu a in th~ ~vent of ths f~i{un oa tM pan of tM iaid MORTGAGOR to duh?..p~omPth~ +nd fi+~~Y PKform, d~schu~t
•xecvt~, effect. compkte. comply with and ~b:de by e~ch ~nd every the stipulstions, ~gree~~ents. condi~ions, u+d coweanq of said prom~uory not~ and th4
matyape sMr a ~ithe~. and s+~d costs, d++~gea and expenses, esch and wery, shall b~ immadiately due u~d payabl~t whethe? or not tMra b~ notiu dr
msnd, ~ttempt to co11M or tuit pendirg; ~nd tM fvll amow~t of exh uid w~ry svch payment thall besr intenat froen tht d~h th~rsof w?tll p~id N the
nte of ~ine pe~ centum per annum; snd all said costs, chu9es and expenses i~cvtr~d or paid, top~thar with svch intanat, ah~ll b~ s~cwed by th~ Iwn of tiw
matQ+p~.
6. That (a) in tM eva?t of any b?eacF~ of this Mortgspe w defsuh on ths pan of the NIORTGAGOR, o? (b) in tM ~ve~t any of ~a+d swro of mawy
herein nfe?red ro bs not promptly and fully paid within lhirty (30) d~ys next after the same severatly becans du~ and p~yabh, withoW dNn~nd w notioe.
w W in th~ event each u~d every the stipulatiu+s, ~gresm~nb, co~d~taro snd covenann of sa~d promissory not~ ~nd th~s mortya~ «?y w eitAe? u~ nol
iuly, prompNy snd f~lly pe~fwmed, d~scF~arged. ~xecuted, ~ffeded. completed, complied with and abided dy. tMn In eitlwr w any such w~nt th~ s~id a~
yrey+tt wm mcntia~ed in said ptomiswty note 1hM remainirg unpaid, with intere~t acuued. and atl morays ~ecwed h~teby. ah~ll b~tar~t dw u+d p~y~
able forthwith, w thereaher, at th~ option of said MORiGAGEE, as fvlly snd canpletely as if all of the s~id wms of ma~ey nrcrt aipirwllp stipulated
ro be paid on such day, anythinp in sa;d promiuory note w in this Mortyaga ro the contrary notwirhstsndirg: and tMreupon a thereah~r ~t tM option of
ssid MORTGAGEE, without notice w demand, suit at law or in equity, thereforo w thsreafter begvn, may b~ pros~cuted ~s ff all moneys s~arnd Mreby
had m~tured prqr to in irKtitutiotf.
7. That in the event that at the beginning of or at sny time pendinp any wit upon this !Il~.~age, or to foreclos~ N, o? to nfonn h, or to «+6o?p
paYment of any daims hNCUnder, said NIORTGAGEE shall apply ro the Co~n hsvir+g jwisdiction thereof fw th~ appointmMt of ~ R~ceiwr. wch Cowt sMll ~
fathwith appoint a receive~ of said mortgaged property all and sin~~lar, inrJud~ng all and singular the inoorn~, profits, Itsws and rev~nwa from what~ve?
wwce derived, each and every of whicM, it being expressly undcrstood, a hereby matgaged at if specifically u1 fwth and desuibed h tM prantinp and
habendum clauses hereof, ~nd such Receiver shall hsve all the broad and effective functions and powen in anywis~ entrvated by a Coun tq ~ Rawivu, ~nd
•uch appointment shall be made by wch Covrt as an ~dmined equity ~nd a maner of sbsolute righl to sakl MORTGAGEE, and withoirt nfennp M tM
~ adequacy o? insdequacy of . the val~?s of the p~operty mwtg~ged w to the sonrency a inwlvency of said MORTGAGOR a the d~fendants, and that such
rents, profib, Income, iuues and revenues shsll be applied by such Receiver according to the lien or aquity of said MORTGAGEE ~nd th~ practio~ of suth
Court.
8. To dufy, pranptly snd fully perform, discharge, exetute, effect, oomplete, comply with :nd abid~ by Nch aod wery tM sfipulations, aprNm~nts,
conditioro and covenana in said. promissory note snd thu mortgsge set fwth.
9. That in the event the ownership of the mat9sped promises, w ariy part thereof, become: vested in a perton othe? th~n the INORTGAGOI~th~
MORTGAGEE, its wccessors and assigns, may, writhout no~ice to the MORTGAOR, deal wi~h such successw or wccessa~ in interest with refae++ce ro this ~
mortgape and the debt he~eby secured in tix same maroxr as with Mortgagw witlw~t in any way vitistinp a dischug"N+g ths Mort9agors' li~bflity herr
under w upon the debt hereby secured. No sale of the premius hereby mortgaged and oo forbe+ranoe on tM put of the MORTGAGEE a iN suctessors
or assigm and no extension of the time fo? the payri~ent of the debt hereby secured ~iven by the MORTGAGEE a its suctessors or sssigns, ~II opsrab
ro rekase, d~schuge, modify change w af(ect the original Iiab~tity of the MORTGAGOR herein, either in~whole o~ in put. - ~
10. It is speNfically egreed that Yme is of the euence of this contract and that no wa'iver of any obliyation hereunder or of th~ oblipatioe ~e-
cwad fwreby aF~ail at any time there+fter be held to be a waiver of the terms hereof a of the instwrt~ent senxed herby. .
11. In add~tion to the forego:~g mw~thly paymenri of princ'psl snd interest required by the promiuwy no~e secured hereby. mortgagor aown~nh
and agrees ~o pay to mortgagee with tach monthly paymcnt an add~rional sum est~mated by mortgagee to be equal to 1~12 of the annwl cost of the follow-
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A-All real property taxes kvied or auessed against the above described real estate.
B-Premiums on fire and windstorm insurance as herein requ~red to be carried o~ the improvemewts situate on ths above desvibed prertuses.
~ C-Premiums on such mwtgage guarsnty inswar.ce as mortgagee shatl from tlme to time deem fit to c+rry on the loa~ secured hereby:
Mortgagee shatl from time to time notify mortgagor in writing of the amount due and payabk he?eundet ~nd suth sum shsll thereupon bs due and
payabk on the due date of the next monthly payment and each successive month thereafter until mortgsgee sh~ll notify mortgagw of a d~+nge in such i
' amount. $vch sums shall be applied by mortgagee toward the payment of real property taxes, imurance prem:ums, aod mwt~age gusraMy inwrance ~
; premivms. '
~ IN WITNE55 VlIHEREOP, the said MORTGAGOR hu ~hereunto set his hand and sesl the day ~nd rear P id.
F Seskd del' ed th~ presence of: f~~~.: ~
t n
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- K--O
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STATE OF FIORIDA ~ , ~ ~
courmr oF 3t. Lueie ~
B,fore m, pen,n,~y ,ppe,.ed C. V. Padriak ,~d
R'1 i~AUe~h 0~ Padr~Ck his wife, to me well known ~nd krwwn ~o m~ to b~ !
the individwb dewibed in u~d wKo ~xecwed the fwegoirg inat~urtwnt, and acknowledyed beforo m~ tMt tMy ex~ccrted the iams fw tF» pwposss
~a~,.d, ,?~d t~„ „:d Elizabeth 0. Padriak
wifs ~ e» C. V. Padriak ~ . , .~a ~,,.r.
examinatio~ by me taken separste and apart from her said husband, adcnowkdged to and before me thaf shs exetufed se?~ !ns!ru:nent fteely and volvr~
tari~y and withovt any compulsion, ao~straint, apprehension, or ~x of or from her said husbsnd.
WlTMESS my Mnd and offitial ssal this ~3~'~ day of A. 0. 19
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- . Notary PuWic in snd fw fht Statt of Fbrida af t~r~
Retwn T~ . My Commission t~e~; StiM ~~Ql:~.
1'10 r
fint ~edaal ssvbgs a ~oan /?swciar~on 1~Ar Co~mission .Ex~itt;~ I~It: }3Ej~96~~.. -
Of Fort P~erce. ~wd~d i~ ~a«.pi~~a ~wd~.fa4 `r .
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F~~p pND ~UN~Y~ FLA• ; t Z ,fl' ~j ~ ~
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ST,RUC~ p ~~ERtF1ED~~ . _ : ~ .,.,i`_, cl ; : _ ~
15 : ~ 1
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3 ~g ;
3 PM ' ~
'61 ~ o,~~
~?O~~R `~~T COURT 800K165 PACEI~UQ ~
CLERK CIRCUt? ~
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