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To pl~n ~nd continuously ke~p on the b~itdinps now w Mr~+hK sih++t~ on ssid land snd on ~II equipentM u~d p~r~on~ih oov~~d b1? ~^~Ofq'
n
+gs, with ali p~mivm~ tixreon p+~d in full, fire iniuranca in tM usuai itandard polky fan4 in ~ tum ~pprov~d by th~ MORTW?GEE. wMd~torm
iniuranc~ in tM uswl standard policy farn, in ~ ium approv~d by tM MORTGAGEE, in wch comp+nY a oanW^~a +s th~ MORTGAGfE may
d~rectJ u~d ~II fir~ ~nd windsrorm insw+nce policies on ~ny of said buiWi~ps. any tnttrat tF~ein o? pwt 1F?Kwf, h th~ qpn9~~~ w~n ~~t~+b ~
In ~aua tF~ereof. sh+ll cont~in tM vsa+1 standud mortgage~ cl~ua~ w such alw~ tlaus~ as tM Maf~~ nwy rpuK~. e++kin0 tM b+s w?d~ u'd Pa4
des. eath a+d tvery. paYabi~ to aid MORTGAGEE ~s its in~erest may ~ppear. ~nd ~+ch u+d ~wry such pcliq ~hall b~ p?anptN +s~~~^~d and d~liw?~d b
ony held by aid MORiGAGEE u further security to said mortgape debt, and, na ~ess ~han t~n (10) dayt in ~dv+~c~ of tl+~ txpk+tion of Nch polky, 1o d?
I~~er to s~id MORTGAGEE s neewal the~eof, toqethN with a receipt fw the pnmium of svd+ nnewalj and tMn aMtl b~ no fu~ a winditwm insww~
pl«ed on aoy of said build;r?ps. itly intltttt 1lNttifl Of pi~l iF~ltlOl, unleu in th~ fum and with tM !oss psy+bi~ +t afw~id~ ~nd in tM ~wM ~ny win
of mon~y becomes pay~bl~ under wch polky or policies said MORTGAGEE shall haw the optan ro rao~iw and apply th~ s~ on +aowH o1 th~ irw~bl~d'
neu secvred FN~eby a ro permit ssid MURTGAGORS to reoriw and us~ it or ~oy part fAereof for other pwpaes, wi~hout 1Mreb~ w~ivi~p o~ ~n+p+i~-
ing any eq~ity, lien a riyht ~oda or by virtue of this mortpsp~; ~nd ia tM ~veat taid N10RTGAGORS shall fw a~y ?Nwn f~il M kNp th~ Nid pnmisq ~o
insured. or fail ro dsliver promptly ~ny of said policics of i~sursnce to said N10RTGAGEE, q fai) promptly ro paY fully ~~y premiwn th~r~for w in ~nr
respect fail w p~riwrq, dixhuge, execute, effed, comptete, oomply with u+d abid~ by this toven+nt, Of My piH MfWf, ssid MORTGAGEE may p~+a uid
pay fw such inwrance w any p~h tlxrcof without w~ivu+p or affectinp ~ny optan, lia+, puity~ w r'qht undM o~ by virtw of thi~ Matp~, and 1Fw
fu11 amount of each aod ewry such paYma+t thsll be immedi~tely dw and payabl~ and sh~ll bsu int~rest from th~ dab tMrwf until p~id at th~ wb of
n~ne per centum pe? anm?m and togefher with such interest shali be sec~rcd by th~ IiN~ of this nwrtp+p~.
1. To pt~mit, oommit or sufier no waate, impairment o? deterioration of said prope~ry w+ny p+N thersof.
S. To pay +11 and singulu ths costs, ch~rgas snd expenses, includinp a reasonable ~trorney's fN and oosri of ~bttracta of titl~. incur*~d w Wld
any time by said MORTGAGEE, because w in the event of the failwe on the part of 1M sak! JNORTGAGOR to dviy, promptly and i~lh P~rform. d'~~
execute, ~ffect, compkte, comply with aod +b~de by each and every the stipulstions, ~yreeme~ts, condition~, and oowt~ants of ~aid promi~wry ~wt~ and 1hi~
mortg~ye arry o? ei~her, and sa~d costs, chugei and expeoses, each and every. ihall immediately dve and pay~bl~t wh~tMr or not tl~~ b~ notbe d~
mand, attempt to tolktt or :vit pending; and the full amouM of each ~nd wery wch p~Yme^t sh+ll be~r intKat frpn 1M d+t~ tMr~of w+Hl p~W at tM
rate of nine pN tentwn per annum; and all said costs, chsrges and expenses innnred or paid, top~ther with wth W?t~r~at. sh~ll b~ s~tvnd by 1hi U~n of thi~
mottp~.
6. TMt (a) in the event of ~ny breach of this Matgape or default on tM p~n of the K.ORTGAGOR, w~) in tM ~wnt aoy of uid swas of naMy
herein refened to be not promptly and fvlly paid within thirty (30) dsys next ~fter tl+s sam~ severally b~carw du~ ~~d p+y~bM. wNhoW d~en~nd a notia.
or (c) in the event exh ~nd every the stiputa~ia~s, agreemenn, cond~tions ar+d coven+nb of s+~d promiuay ~wte ard th~s mortpsy~ anY a? NtMr ~n no1
ivly, promptly snd fully pe.formed, dixharged. exec~ted. effected, compkted. complied with riii~ abided by, tMn tn ~itlN~ w~ny wch ~wn1 1!N ~ald aP
gregate wm mentaned in taid promissory note then remaining unpaid. with imeresl acuued. snd all moneys Ntund.l~~by. ~hall b~ooent dw ~nd p~1/~
eble fwthwith, 01 1F1lfNf1N. at the option of said MORTGAGEE, ss fully a~d tompktely +s if all of the s~id suma of mon~y vwn orqlnally atipulat~d
to be pnid on such day. ~nythirg in said promiuo.ry note or 1n this Mortgage to ths contrery notwithst~ndirgi +nd tMr~uPon o? 1hetNhK at tM option Of -
seld MORTGAGEE, w~thout oot~ce w dcmand, tuit at law w in equity, therefwe or tFwrafter bs~un, may b~ prasKW~d a~ if mo~NY~ s~wad hM~bY
had mafured ptior To its inslitufion. I
7. That in tF~e event that at the begi~ning of or at any time pendiny anY suit upon this Mortp~~, or to ~ohtloN h, or to nfonn H, or fo enforp ~
payment of any daims hereunder, ssid MORTGAGEE shall apply to the Couh having lurisd'+ctan therwf for tM appointnwnt of + R~teivK. wth Court ~M~~ '
forrhwith ~ppoint a receiver of sa~ mort9aged prope~ty all and singulu, includ~ng all and singuln tM inoorn~. pro(i», Itfws and rtwnva from wh~t~vK
so~rce derived, each and every o which, it being expreuly u~derstood, is hereby mwtgs9~d as if specitiully kt fotth ~nd d~wib~d In fhi pr~ntinp and
habendum clauses hereof, and such Receiver shall Mve alt the bro+d and effective functions aed powen in anywis~ entrust~d by i Court tp ~ Rsoeiva. ~nd
svch appointment shali be msde by wch Court as an admitted equity ~nd a m~tter of absolute ~iyht fo said AhORTGAGEf. ~nd without nfN~no~ to fh~
edequacy or inaJequscy of the wlue of the property morfgaged w 1b the sotvency or ~nso~vency of s~id MORiGAGOR er th~ def~ndants, and that wd~
renrs, profin, income, iuues and revmues shall be applied by such Receiver accordinp to tM lien or puiry of said MORTGAGEE and tM ptactio~ of suth :
Court.
8. To dvly, promptly and fvlly perform, diuharge, execute, effeN, canplete, comply with and abide by Nch u+d ~wry fM atipvlatiau„ ptNm~nts.
cond~tions and coven+nn in said promissory note and this mortgsge set fath. ' ~ ~
9. That in the event the ownenhip of the mortgaged premises, a aeiy psrt thereof, betana vett«! in a p~qon othN than th~ MOI[TCsAGOR. th~ ?
MORTGAGEE, its wccessors and assigns, may, without no~ke to the MORTGAOR, deal with such tucussor or ~+a~stor in inlaest with tefNN~ ro thia
r.,o.~gsge and tMe debt hereby yecured in the same manr~r as w~th Mwtgagor without in any way vitiatinp a diacharpinp th~ Monpapors' liabiliry Frrr
under or upon the debt hereby secured. No sale of the premises hereby mortgsged and rw forbs~nnce on the p+rt of tM MORTGAGEE or 1ts woc~sfon
or assigns and no extension of tF~e time for the payment of the debt hereby secured given by the MORTGAGEE w iri sucoeaon or ~tsiyM, ~I++~~ op~~a~~
ro release, dischargc, modify ch~nge w affect the original liabiliry of the MORTGAGOR herein, ~ither in wFwh p ln part.
10. It is specifically agreed that time is of the esxnce of this contract ~nd that no w~iwr of any obti~tioe huwnder or of tM oblip~tion s~
cured hereby shall at any time thereafter be held to be a waive? of the terms hereof or of the irotrumaet secwed Mrby. .
11. In add~tion to the faego'ng monthly payments of princ'pal and interest reqvired by the promistory no?e secured hereby, mort~~gor eowMnff
and agrees to pay to mortga9ee with each monthly paymcM an add~+ional sum esrimated by mortgagee ro b~ eqwl ro 1/14 of the ~nnwl tost of th~ follow-
inq:
A-All real property taxes levied or assessed against the above described real estate.
B-Premiums on fire and windstorm inwrance as herein reqv~red to be carried on the improvemen» sitwt~ on fM ~bov~ desuib~d pr«+fiNS.
' C-Premiums on such mortgage guaraoty insurar~ce as mortgagee shall from time to time deem fA to tarry on the bsn ~eWr~d Mr~by.
Mwtgagee shall from time to time notify mortgagor in.w.itirg of the amount due and paysble htreunder and such wm shall fhKwpon b~ dV! ~nd
~ Fayable on the due date of the next month;y payment and each sutcessive month thereafter until morf9sgea s}NII notify mortgagor of a dwnp~ in wCh
amourtt. Such sums shall be applied by mortgagee toward the paynxnt of real property taxes, insurence prem:w~s, and mottQapt ~uarufty Inwranct
premiums.
N WITNESS WHEREOF, tRe said MORTGAGOR has hereuMO set his hand and sesl the day and y~u fint ~fonsaid.
~ ~ led and he presence of: Y ~ ,
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5 TE OF FLORIDA ~ (
St. Lucie
couNn oF ~
Befae me penonally sppeared . ~T C ri q~ and {
T r F?n A . r i q t his wife, ro me wel I known and known w me to b~ ~
the individuab desvibed in and who executed the for instrwnent, and atknowlxdped before ms that tMy exewted the same for tFw purposes ~
therein eupressed. And fhs .~~a Irene L~r~st
N~fe of ths wid (~....s. C Pi 9 t ' - opon a sepawt~ and priv~t~
examination by me taken kpsnte and apart from her said husband, sdcnowledged to end before mt that sM executed said irotrvrnent freely and v~ol~rr
rar~ty and without ~ny canpubion, constraint, spprehenrysion, or fesr of or from F~e? ~aid Iw~band•A ri 1 67
WITNESS my hand and official seal this ~ Q rN day of A D. 19
Not~ry P~blic in and for the Stat~ of Horida ~f Lup~
My Cortrnission u~pira:
Return Ta ,~a"N~utrrr.
First fedcral Savings 3 Loan Association (t ~r, w~ it Vfqe ;
Of Port P~erca ~ :.lr ~~«K.. 23 1969
Q'~ ~ • _ h C~wwr Cw i
FI~'~(MUF'RpCOROED ,,~c{; -r ~
ST, LUCIE COUNTY. FLA• : ~ ' - . _
RECORn v~RIF1E0 - ~ ; : ~ ; ~ ~ ~
; G J r ~ . ~ .
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~ 155~5 = - J ~ . : ,
, -ti.~ ~ o
'67 A~R 28 PM n3 . 39 • f . -
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t:V.rLF: : ~ f'^S ~ .
CL~RK CIRCUI7 COURT ~
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