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To pl~a ~nd contin~rously kesp on the buitdir?ps now or hKeaftK utwt~ on s~id laed snd on ~It equipn~l cr~d pKwnally cowrrd by ~hU nwHp~ sgs, with ~11 p~miuma tht~wn paid in full, fi~t insvrants in 1M usu~l sundard potity (orm, in ~ s?~m approv~d by tM MORiCsAGEE, and wind~tonn ~nsuranc~ in th~ viwl ~~u~da.d po~~cy fam, i~ a sum app.oved by tM MORTWIGEE, in wch company a oanpania a tM MO~tTGA~iEE may d~rect; and dl fin ~nd windslom+ i~~uranca poiicies on ~~y of said build~rps, ~ny lnhr~st thtr~in w put 1F~wf, in tM ~pprpah twn atonsaid or in sxcess thonof, sh+ll contain th~ uswl standard morrgage~ clawe u s~ch otM~ claus~ u tM Mortys~ enay hquin, m~kinp tM loaf undK s~id po1F c~es, e~ch ~nd ewry, p~y+bl~ ro s~id MORTGAGEE as in in~ereit en~y ~ppea~, and escA ~nd ~wry tuch policy thaN b~ promptly ass:prnd u?d d~liwr~d b ' eny held by said MQRiGAGfE as fwtF~sr secwity to said mw~gay~ debt, and, not less than ten q0) days in sdvanc~ of tM ~xp'u~tron of Nch polity. 1o d~ t~~e. to iaid MORTGAGEE • rsnew~l theraof, topetMr with a receip~ tw the pr~miwn of tuch r~wal; a~d tMn aMll b~ no iw~ or wtndstwm i~qw~nq ~ placed on any of said build+'rys, any interest the.ein or par~ theroof, unleu in tl+e fwm ~nd with 1M bss p~y~bb as ~fa~aidt u~d in tlw ~vMl u~y wm of mon~y becom~s p~yabl~ under wtk policy or policies said MORTGAGEE shall h~ve tM option ro reaiw and apply tM s~ on ~uoun~ of tM ind~bt~ neis secur~d hH~by p 1o permit ~id MORTGAGORS to ~aceiw and us~ N p ~ny parf ihereof fw othe~ pwposes, withou! tl+e~eb~r waivi~g o~ ~mpah~ ~nq any puity, li~n a ripht w~der or by virtue of fhis mo:tgiye: i~ 11f IFIf fVM1 Mid MORTGAGORS iMII Ip NIy reason fail w ke~p ~M a~~d p.~mius so ~ insured, w iail b deliver promptly any of said policies of inw~anc~ to said MORTGAGEE, w fail promptly to pay fvlly ~ny pnmium therefw p 3n anr respect fail ro paform, diuhuge, executs, eFfect, complets, comply wi~h and ab+ds by tAis oov~nu?f, or any put hKwf, aid MORTGAGEE rtNy pl~ and pey for such insurancs w ~ny put tAereof wi~hout w~iviag or affectinp sny option, lie~, pvity, or riqht ~nda w by virtw of this Matp+p~, and th~ ~ fuli smount_of ~ach and ~vay such payment st?all be immediatety dw ~nd payabk and shatl b~u Ints~eit from th~ dat~ tMreof until p~id ~t tF?~ at~ of , n+ne per tentum por ennum and to,~NFxr with such interest shall be secured by tM Iieri of this mort~~pt. To pKmit, coav~ut w suffer ~o waste, imp~irme~t or deterioratan of said proparty w ~ny puf tMrwf. 5. To p~y all and singul~r ths costs, cMrges and expenses, includirg a~easonabk ~ttwney's fee and cwri of ~bsh~cts of titl~, tntun~d or p~id U eny time by said MORTGAGEE, because w in the event of ths isilure on tM pa~t of tla sak! MOATGAGOR b duly, pranptly ~nd fully ~riany dntAerQa~ execure, effen, eompkte, comply with snd ~b:de by each and every the itipulations. ayreemenn, conditio% and cownann of s~id pomis~ory rah and thi~ morrgage any or ei~her, and said cosn, charpes and eapenses, cach and every, sMll b~ immediatsy dus sr?d payabl~t wMtha a not th~r~ b~ noriq dt mand, attempf fo tolkct or suif pend~ng; arxl the f~ll ~mount of cach and ewry svch p~ymeM shall beu int~nst from tM d~te therwf vntil patd ~t th~ rafe of nine per centum per ~nnum; and all said coats, chargea ~nd expenaes incurred or paid, tog~ther w~lh tuth {nttrpt, ~hal( b~ Nevrd by th~ li~n of fhi~ i mor19~W b. Thst in the event of a~y Mexh of this Mortgag~ a default on ths part of the JYIORTGAGOR, a(b) in th~ w~e?t +ny of wid swro of nwn~y herein referred ro be no1 promptly and fvlty paid within ~hirty (30) days next after the sam~ severally b~can~ dw and payabl~, wttho~t d~m~nd or notitl, i or (c) in ths event each ~nd every the stiputa~ions, sgreenxnts, conditions ar?d mvenanb of sa~d promissory not~ ~nd this mortage any w N1M~ ~r~ no1 iu1y, Promptly and fully performed, d~xhar9cd. ezeevted, effected, compkted, complied with ~nd ~b~ded dy. tMn In eitMr w u~y wth ~wnf tM ~aid p~ gregate sum mentioned in said promissory nole then remaining unpaid, with interest scuued. at?d atl moMys Meut~d. hettby. ~hall b~c+a+~e dw Md p~y~ able forthwith, w thereafter, at the oprion of said MORTGAGEE, as fvlty ~nd tampletely as if all of tl?e qid swes of mwNy vwn o~ipinally stipul~»d ro be pacd on ~uch day, anything in sa~d promiuwy oote w in this Mortgage to the tontrary notwitlnt~~diapi snd thKwpon w the~~~fqr at t!» option Of se~d MORTGAGEE, without notice or demand, suir at law a in eqvity, tl?erefore or thsroaiter beyvr~, m~y b~ proNCUt~d p ff ~II montyt Nound I~utby ~ hed mat~red priot to its inslitution. j 7. TMt in the event that at the beginning of or at any time pendi~g any suit upon this MoHy~, w tp for~elo~ h, w to ntorm (t, o? fo Mforp 3 payment of any claims he?euoder, said MORTGAGEE shall apply to the Court Mvirg jurisdiction thereof !w tM ~ppointmMt of a RKtivN, wd~ Cowt shall ~ te~rhwith ~ppoiM a receiver of sai~1 mortgaged property all and iinguta?, includ~ng all and singula th~ inoo~nK, ptofits, Itsuq and nwnws from wFutw~r ( source de~ived, eath and every o# wh~ch, it being expreuly understood, is hereby morl9sged u if spetifiufiy ~et forth aed dNtrib~d In thi pranti+p ~nd ~ habendum clavus hercof, end wch Receiver shal! have all the broad and effective funct~ons and powsn in anywis~ entrusted bp a Cowt tp a Reqiver, ~nd :~ch appoi~tment shall be made by such Court as an admitted equity and a matte~ of sbsolute rqAt b s+id MORTGAGEE, and without nfK~ to fl» adequacy w insdequacy of the value of the prope.ty mwtgaged or to the wrve~cy or insolvency of said NIORiGAGOR or tM def~ndants, u~d that ~uch rems, profin, income, issues and revenues shall be applied by such Rece~vet accord~~ to the lien or puiry of snFd MORTGA6EE and th~ practic~ of such Covrt. 8. To duly, promptly and fully perform, diuharge, execute, effect, compkte, comply with aod abide by t~ch ~nd fwry fl~ ~tipulationf„ aDrNnMnts, condit;oro and covenanh in said promissory note and Ihis mortgage ut forth. ' . 9. Thst in the event the ownership of the mwtgaged premises. w uiy paA thereof, becomes veshd in a pNton otM? than fF~e MORTGAGOR, fh~ htoRTGAGEE, in succeuon a~d auigns, may, without no~~ce to the MORTGAOR, deal wifh such wcc,NSw or ~uoassor in interqt wiih r~ftrN~q to tl~b rro-rgage and rhe debt hercby secured in the same manner as with Mortgagor without in ~ny way viti~tin~ or diuhar~inp the MortpspOr~' (iabiliry ht?!~ unde~ w upon the debt hereby secured. No sale of the Fremises hereby mortgaged and no forb~aranp on tM pa~t of th~ MORTGAGEE or Ns wceetwrs or assigns and no extmsian of the time fo~ the payment of the debt hereby secured Qiven by the MORTGAGEE w its svcoss~ora o? a~tipnb ~ha11 Op~rat~ ro release, dixharye, ~nodify change or affect the wiginsl liab~lity of the MORTGAGOR herein, either in whoi~ or in put. 10. It is specifically agreed thst time is of the essence of this contrad and thal no waiwr of ~ny obl'~p+tion I~u~w~der or of th~ ~pb1(~y1f0~~ . c~red hereby thall at any tims thereafter be hetd ro be a waiver of the rerms her~of a of th~ katrwr~nt s~cwed h~rby. t¢ 11. In addition to the fcrego'ng mortfhly payments of prin~ pa! and interest rtquired by the promissory note secvred hereby, etw~~pa~o~ CWif1~MS,'~ and agrees to pay to mortgagee with each monthly payrneM an addiiional sum estimated by mortg~yes to be eqw) f0 1~1$ of ths +~nual~?,oE'~IN'fo~~,'-,~.t•~~ ~n~: . - ~ ' t A-All real property taxes ievied or auessed agai~st the above desaibed ieal estafa `7 = ~C~•t.e `~G-~•` ~ -C~'~ 8-P~emivms on fire and windstorm insurance as herein requ~red to be carried on the improvement~ irtu~te oo the ~bove desaibir~r~At~M. . C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit to prry on ths loan NCW~d fisflby.~_' ~ Mortg~9ee shall from time to time notify mortgagor in writirg of the amount dve and payable herlunde~ ~nd stKh sum sMl) t_ dt1~ ~ ~ Fayabfe o~ the due date of the next monthly payment and each successive month thereafter until mortpagee shsll notify mortg~gor Of r,fli~tKy'jm. aT.ount. Sud~ sums shall be applied by mortgagee toward the payment of real property taxp, inwrance premEvms, and mortyape ~wrfn~' 4~ ~ 'r . premiumt. ' ~ _ `'•n.~~~n~.~~`~~~ , ~ 1 !N WANESS WHERfOF, the ssid MORTGAGOR has hereunto xt his hand and seal the d~y and ytsr first aforNSid. ""~"r' Sign Se~l a delivered in the presence of: . f •..e..c, Bri arg e ora ti on ~ j _ ~ By: ent - _ _ _ _ _ _ Attest: , - - - - - ~arv-- i ~ ' STATE OF FLORIDA J COUNTY OF ST. LlJC1E ~ 1 HEREBY CERTIFY, That on this day of A~ril , A.D. 19~, ' e before me personally appea~ed R. E. Rose a~ j"Iary Rose ~ ; - ; respectivety President and Seuetary , of ' RriAr ate Cor oratioh ~ Florida ~ ~ g R,:~,~, , a Corporation, to me } ! ' ' 'r 1 . ' . . / - 1 ' known to be the persohs•,de~r~lsB,t~"h~ end who executed th~ foregoing instrument, and severotty acknowledged the exe- ; c~tion thereof to be ttieit free atP and~de,ed as such offioer; for the uses and purposes therein mentioned; and that they r affixed thereto the'o{~ICial.seat o£~aid:G~rporation, and the said instrument is the ad and deed of said oorporation. _ . ; WITNESS my hand..~iid:offi~isl`s~,l ~t,fQrt•Pitrce , said coun and state. . ; ~ fILEU AND REC~Q_RDEb•:;,1 Not ry Public, in and f~Stat~nd ~un~.~af resaid. ~ ST. LUCIE COUNTT. Fl.~ My Commiuion Expi ~ K• S a e o ,~r 9-± - _ / , - eo~~.e 1, ' RECORO VERIFIED ~ r~r ~~f~"~ ` - ~ ~ % /~JYr ~ .~a.. 3~a7~ y ~'al I y' PM 3: 16 - r. i t 15sg~s ; =.0 ~ER ~Ot7RHS CLERK CIFtCUIT COURT ~ a~oK 165 ~E2356 ~ - p _ _~y~ ~ ~.~~;:w - : ~ ~xs,~~~'.~"^~ c,~'.-~. - " - - -nr:.;+ _ - i~.. ~ ,p ,iR