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To pl+o~ ww! ooe+tYwiously ks~p on ~M buildinp~ ~aw a Aa~aft~r ~itwa on atd lad ~nd on ~11 pi~ipaMM ~nd pM~awih? oo~wr~d bl? thw Ma~
ap~. with ~11 pt~miwea tMr~on p~id in full, f'u~ kawu+c~ in the ~nwl sNndard PoikY fonR ie • awn approwd bY tM MORTG/1tiEE. and vnind~tor~
inswsna tn th~ usual standard pd~cy fain, in a swn ~pprowd by tM MORTOAGEE. in wd~ oanP+~Y a~^P+~ M 1M MORTt'sllRif! ~y
dtnc+r and ~N fin aed wi~d~~om+ i~auru~a pdkies on ~ny of ~id buildinp~, ~n~? M~Ms~t tlwnin o~ p~rt th~nof. M th~ pprp~w ~wn afa«aid a
tn ~xa~t tMrwf, shdl contain tM vawl standatd rtwrroapw clwa or tueh wl~ dw» at 1M Mo?Ipp~~ mqt.~W'in? ~~+P th~ Iwa w~tl~r aaid ~
ci~s, tach ~nd ~vwy. WYabl~ to faid MO~RTGAGEE ~s in inrerest may app~v. ana Nth ~nd iwry tutA policl? ~II b~ pram{Mlp aq+pmd and ddi~rd M
a+,y h.~d by ~a~d MOItrW?GEE a fwd+.r acwity w ~s1d mo.qag. d.bt. .nd. na la~ Nwn t~ (101 d.y~ tn .dvana d ~h. •xpu.tton of ..ch poltcy. w d.~
fivK ro uW ARORTGAGFE • nn~wsl tMtwf. top~tlw with • recsipt for ths prNniwn of wd~ rMwwal~ ~nd thKr sMli b~ eo fi?~ or wi~tam M~wa~ca
pl.cad on ~ny of s+id b~ildinp~, any intarat tMnin o~ pirt thKwf, w+l~s in tht fotm ~nd with tl» losf p~r~bb as afaaaid~ and in tht ~wnt ~n~? ~wa
of nae~y bsan~~ pay~bl~ wider .weh pdie~r or polie~s said MORTGAGEE sh+ll Aaw Nw option b naiw +nd appl~? 1M s~ on ~ooounl of tht M~d~bad~
neu wcw~d Mrby a w pKmit saW MORTGAGORS ro reaiw and ~a N a a~ry? part thsrwf fo? oti~e~ pwpo~~, withou~ ~Mreby w+iri~g a imP+U?~
+~Y ~b. li~n a ripM ~w~de~ or by vktue of this mortyape: a+d in tM ~va~t aid MOitiG/1GORS ~MII fw anp n+an fall w kNp th~ wfd prw~nisw w
~n.ured. or i~i) to d~tiw? Won~pth? any of aid policies of insw~no~ a t~id MOItTGAGEE. or fail prompth~ ~ WY fi+~h? ~1? P~«nium eMr~for a ln aMr
re~pect fail b p~r(orn1, d'atharp~. s~uwt~ ~ff~ct. eampltt~, comP~Y with and ~bid~ br thk eovM»nb a+~Y P+~ i~id MORTGAGEE eniy p1~ and
P+r for wd~ inw.anc~ or ~nr p~rt tMnof wirhovt w~ivinp w ~ff~ttinp +eY aPtioq, li~, puib. or ripM wd~r a by vktw of tN~ Mat9ap~. and tM
f~lt «nowa of ~sd+ ud ~wry wch paym~nt slMll b~ immsdiat~ly dw ~nd pyabl~ and aMll b~ar intar~t fwin tM drt~ tMnof until p~id at th~ wN ol
nine pK qntvm p~t arrwm u?d to~thst with such interest ah~ll b~ s~sw~d by the li~n of ihi~ nwttp~p~. -
I. To p~rmit. ~v~3t or wff~? no wast~. imP+4ment a d~terior~tan of s~id prop~rtr a a~r prt tlwrwf.
5. To p~y ~tl and shpular th~ aoats. ch+rpe+ a~d expN+se~, indudirp ~ roaon~bb ~»anep's fM ad aost~ of abt~acl~ of titl~,, incurnd o~ p~fd M
eny rims by wid MORTGAGEE, b~c~us~ a in tM went of tM failun on th~ put of tlr ssW MORTG/1GOR to duh?. praepth? and 1~UI? P~1am. ~tMr~?
e:ecut~. effsd, eomPk~. ~Ph with and sb~d~ bp each and w~ry tM st~pu~atiora, pre~n»nq. aoedltiora. and oov~eMnn of s~id pranisary noN and thN
morrg+p~ +ny a~itha. and sa~d aosp. chu9es ~nd ~xpenses, ~ach and w~ry. slwll b~ imrn~J'aaly dw and payabl~t wMtMr a not tMn b~ notia d~
msnd. attempt to aollsci w wil p~od~nys ~+d rhs fvll ~mount of ~ach and rwry wch payn»n~ sMll b~a? in~t fro~n tir d.b th~nof w~rtl paW at th~
rate of niew pN centum per aruwm; and all said costs, chupes +nd expMSSS inaxnd or paid. 1opNlwr with wth InNr~t, shall b~ Nour~d by Mt INn of thi~
~^c?ty+pw '
6. Th~t in th~ ~wnt of ~ny br~ad~ of thi~ Matya~e a defavl~ or~ the part of Nr MORiW?GOR. or A~) in tM w~nt ~eq/ d s~k wnr d nan~y
herein nf~n~d to b~ not promptly and fully p~W within thirty (30) dayt next aher tM sam~ s~~tt+rally b~twn~ dw and p~y~bb. without dwnand or noKo~.
or (c) tn tM ewnt ead~ and every the itipulations, ap~~nenn, conditions and cov~n~nq of ~aid praniuory nWs ~nd M~s nq~qp~ an~? a Ntha ~n no1
iuly, promptly and fuly performad. dischsryed, exetvted, effected, comPl~ted. comP~i~d with ~nd abid~d df?, tlwn N eitMr ot a~? such ~wnt 1M s~id p
greg~t~ wm m~ntioned in uid promiuory note then rem+ininp ~npsid. with in»rest sarwd,, M+d ?il m.o~l~ Mtw~d. Mnby. ~INII b~aoew dw ~nd p~1h
sble forthwith, w thereahN, ~t the optia~ of s~id MORTGAGEE, u f~lly and completely +s H all of tM aid wn~ of moiwr vwn aipin~lly stlpubt~d
to be p+id on such day, anytF~iny in said promissory note a in rhb Mo.tyaQe to ~M conrrary „wwtrMtand'mp:.nd ~.upon w tlw.aR~. a tM op~ion of
•a1d MORTGAGEE, without notice w demand, suit at Iwv or in p~iry, therefor~ w thas~f»r b~n1, a~? M proNwNd M ff aN monhts t~Cw~d hM~b1?
hai! matw~ed prior to in i~atit~tion.
7. Th~t in the event thst at the beginninp of or at any time pending any wit upon this ARortpa~e, ot fo tohcloN M, b? 1o nform h. p to ~nforp
payment of any diura hsrevnder, ssid IYIORTGAGEE shsll apply to tFie Cwrt Mvi~p jwisdiction tMrwf for tM ~ppoint~+Mnt of ~ R~c~ivK. wch CouA ~11
forthw3th appoint a receiver of sai~ mortpsged property all u~d iugulu, indud~rg dl snd sirgula? tM inoom~, profit~, hMN~ and twMwN fran wMtwK
source derived, ead~ a~d every o# wtiKh, it beinp txpr~uly unde+stood, is htreby mortg~ged at if ~p~ti(iull~? Nt forth and dNOibd In tAi ~~nNnp ~nd
habendan da~ses hereof, and such Receiwr shall have all the brosd and effective fu~ctioro snd powM in anywiW ~eM~~d by a Cou?t Tp ~ R~a1vM. ~nd
such appointment shall be maJe by sud+ CouH u an ~dmitted equity and a rmtt~r of absolute right b said MORTGAGEE, ard witlaul nf~ b fh~
adequscy or in~deqwq of the vsiue of the properry m«tg~ged u to the sonnncy w insolwncy of s~id MORTGAGOR a 1h~ d~f~nn, and th~t wch
renrs, pto(its, inoorne, iss~?es snd revemxs sh~ll be applied by such Receiver xcordinp to ihs liu~ or puity of s~id MORTG~IGEE and /M pr~diq oi wch
Court.
8. To duly.' Wa^Ptlp aod fully perfom+, d~schsrye, execute, effM, oomPkN, oomplY with ~nd abW~ b1? ~ and ~wry th~ stipul~tiom. prN~e~eH~.
conditioro and coverwnts in said promissoty eote and th~ mott9aqe set forth. ' .
9. Th~t in ths event the ovunenhip of the mortgs~ed premaes, a ariy prt tF~erwf, beaoma wst~d in • p~rwn othK th~n tM MORTG/?GOR. fh~
M,ORTGAGEE, its wccessors sed suiyns, rn~y, without notics to the MORTGAOR, dsal with such woon~or or N+a~w in iM~rut with nfs~~no~ to thh
mortgape and the debl hereby secured in the sarne manner as with Mwtyaga without in any way vHiatinp a~ptrg'tM Monyapo~s' Nabtlity h~rr
under or upon the debt hereby secured. No ssle of the premises hereby rtaAgaged and no fpb~ar~noe on tM pan of fh~ MORTGAGEE or Iri tuaeston
or sss~gro ar?d no extension of tl+e time for the payment of the debt hereby secured 9iven by tl~e. MORTGAGEE w Hs suconson a astip% ~MII op~rab _
to releas~, dixh~rys, modify charge o~ affect the wiginal liability of the MORTGAGOR ha~in, ~ithet in whols a tn part.
10. It is specifically agreed thar rime is of rhe essence of rhq coMract and that oo waiwr of a~ obliyar'an Mrwida or of th~ obllpation N~ _
cured hstsby sh~ll a1 any tim~ there~her be heldto b~-a wsiwr oi tlw tKmt Mrwf or of th~ iratrunwnt wcw~d hwby.
11. In add~tion to the forego:r?g monthly paynunts of princ:pal and interest required by the promistory note setwed hereby, matp~yOr oov~n~Mf
and agrees to pay to mortgagee with each monthlY paYment an sdd~~ionsl sum estimated by mortya~se to b~ ~qwl te 1~14 0# tl~ amwt aat of th~ follorv-
ing:
A-All real property tsxa kvied or assessed agsinst the above described re~l est~te.
B-Premiums on fire ~~d windstwm inwrance as hcrein requ~red to be urried on the improvemMU sitwte on th~ ~bov~ dauib~d pr~n~Lp.
C-Premivms.on sucfi mortgage guaranty insuronce as mortgagee shaU from fime to time deam fN fo urry On fIM ban MCw~d FNttby.
Mort9~gee shatl f~om time to t~me notify mortgagor in writu~g of the ~mount due and payaWe Mrw~dar a~wl wd~ wm shall tF»revpon b~ dw and
payable on the due date of the next monthly payment and each successive month thereahe? unfil mortyape~ shal) tafify mottpapor of • dNnp~ (n Nxh
amount. S~ch swns shall be applied by mortgagee toward the payment of resl prop~rty taxes, inwr~nte pnmivms, ~nd mort~~ qwr~nfy Iraw~nq
premiwns. - "
IN WITNESS WHEREOF, the ssid MORTGAGOR has hercunto set his hsnd and sesl the day ~nd afonaaid.
a tl~ presance f: %
I f • n
0
~ -
~ K--4
~ STATE OF FLORIDA "
~ ~ SS.
~ ccunm oF fit: ..~~ei e~ .
~ p~~~y ~pp~e~ R A vrts en A P T.P i n aed
- J e A n B: S_ I: e i n his w;fe, ro m. w.lt known •nd known to m. to b~
the in~vldwb dewibed in ~nd wFw ~x~cvted tM fwepoirg instrumanf, and atknowl~dp~d b~fon mt tlat tMy tx~out~d th~ sart» for th~ purpos~s
,he.ai~ ~nskd, A„d M,. ,eia ~ .~o~n ~ i.e i n
W;re of d;; ;.W Ra! mond P_ Le in - . u~«, .,.p,,,a .~d P.r„~.
~ exam~nation'by ms taken sepsrate and ap~n from her said lwsbsnd, acknowledped b~nd b~fon tn~ tiwt sM exetut~d ssid insttvm~nt fraly and volu~
~ tarily and withoul ahr oomPv~sion. eoostr~inf, aPW~hMSion. OI fw Of or froen IMr said Mnbind. L.~ ~
~ WITNESS my Iwnd u~d official s~al th~ ~ day of A. D. 19~r
~
Notsry for tF» State of Nwid~ ~t lupe #
~ My ~apinss ;
- Retum Ta. : . .
~rn Fed.nl Sn?irgs a loan Aswciaran ~ •,~:ti,?~~ r.'- ~votary Pub!ic. ~ta1e a h+or~ae at ~.arge
Of ~Fort Pierce. i: ' My Comm:ssion Expirts Aug. 6. 1967
i? . . Sonded By Amencan Surety Co. of N. Y.
• Fort Pkrce. Florida ~ vV jj
;
~ " O
fILEO ANO RECORDEO '~-~`r•'. ~ ~
ST. LUCIE COUNTY FIA. - • 6 ~ -
RECORD VERIFI~D , a j C,
:Y ? Q :``w`~
.~a~a'7.L . ` f ' v : ~ _ - •
n
'6Z MAY 4 PM 3: I 0 oo ••'s'
~;~t~~,'=
~~~~o:~~~,:~~`''~ • ~ ,p
~!O.iLK i u•iliMS a~~ ~ i
; CLERK CIRCUIT COURT j~ Q •
_ ~ 3
_ _t,.._ .~..a- ~ : x_.
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