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To pl~a ~nd oa+tiMw~wb k~P on tM bvildinps oow o~ Mnaft~r ~I~wt~ on said I~nd snd a? au ~qu~n~ ~nd PKSa+aih b1l ~^10~i'
p~, wi~A ~il pnmiunw tMrwn p~id in full, fi?~ irowar~u in Ih~ wwl ~tandwd policy iani. y+ • aww approwd bY 1h~ A~10RiCsAi3EE. ~nd windqora~
~u
Yaurana M tM usual uand+rd policy faa4 M• swn .pprowd by the MORTGAGEE. in wch QomP+nr o~ oanPM~i~a M 1M MORTGA~3EE nw11
~~ct= and al) fier aed wind~wrm imwana poiicie~ an ~eqr of uid buildinp~, aay fneK+~t tl»nin w parf ~h~r~of, N 1M app~p+N wa~ ~faaaW ot
In ~xaa ~1+N~of, sMli contain tM u~wl uandard narqayM clwN a wd~ aiw dw»-a th~ M«fp+p~a ^wY ~?r+• ~+~+0 t1» loa ww1~t Mid poi}
dw wch .nd .v.~r. P+r•b1. a ak! MORTGA~GEE a in in~«eu m+y ~pp~M. n+d .~d~ and .wry wch poiM? •haU b. aampHr ~ w! d.liwr.d ro
~nr hdd by s+id MORiGAGEE a furtM? tea+?ity to s+W monp+p~ d~W. and no~ las tMn ~(1W d~ys in advann of tM ~xpkaHon of Mch po1kY. w dt
liv~t ro Mid MORTGN6EE ~ ran~wa! th~raof. toQetlw wHh a nuipl for Mt Pnmiw~ of wd~ nnrwalj and tMn s1~a11 b~ ~o f'w w wieditoriu inaxana
plaad on ~ny of aaid bwldnp~, any intKaf tMnin o' pwt tl+~nof. vnl~as in HN form a+d with tM loss paY~bb a afons+ld~ aed h tM w«M ~ery? wM
of nwn~y b~conw p~y~ w~ wd~ polky w polici~s wid MORTGAGEE sh+ll i~aw tM optan to no~iw and apply tM ~arne on ~acow+t of tht Md~bted~
nas s~c~K~d Mr~r a a p~neit ~aid MORTGAGORS to t~iw a?d wt N a an? P+n IMreof for Wher pwpo~a, withwt th~eby wsivinp or impsla
~0 i~tl ~4~?~tY'. IiM a~~pht under a br virtu~ d Mss nwrtp~e: M1~ Ifl tM.~VMt Nid MORTGAGORS fllall ~Of MIY fNiOf1 f~N 10 ICMP 1IN NTd pfM11Nt !O
imw~d. or f~tl b d~livN Pr~P~b +~Y of said poliEi~s of inuxanu ro s~id MORTGAGEE. or fail P~~Wh? ~o Wy i~+~h +~Y P~anium tF~far or M~ any
nsp~ct f~il b pKforn~, d'aclw~s. ~xecvt~ ~fhd. compl~t~. oomPhr with «+d abid~ by tl~ts ~t. or sny pxt I~wf. wid MORTCsAGEE in+Y P~~ +^d ~
wr fa wd+ i~auranc. or x~r p.rt tMnof sh+tl b. ain~~nedi~t~affdw
~ ~N
u~d~sh~l~~b: r hh ~st from th. daa th.nof u
HI wW~iM •a/a d
full Mnan+t of uch and wKr wch p+pmsnt h? WY
~im pe~ aa~tum pa ~rwwm and tapetAx wi~h wch inre.~st siull b~ uc.+.ed b1? tM li~n of thi~ mortp+g~.
4. To p~rmi~ oo~nr~it a suffw no wut~, inip~beneM or d~tariw~tbn of said propwty or aeryr part therwf.
S. To pay all ~nd sieg~lar tl» ootts. tAWp~s ~nd ~xp~+sa. ineludM+p a na~awbl~ attwn~y's f.~ and eons of abaw+ns of ntl.~, ina,n~d w p~id N
any tLn~ by s+id MORTGAGEE, b~uv~ a in th~ w«+t of tM f~il~u~ on th~ pat of tM said 11AORTGIIGOR 1o duly. promptly ~nd fully perfonq, di~cl~?
execvt~. ~ffect. aomPNt~: oomplY wish and ~de by ~+ch and wery the st tiona, agre~+nen». co~w!'itaro„ ~nd ooweanb of oaid promiuwy not~ and th4
^~9+~ +^Y w ~i~ha. and said cosN. d~upe+ and ~xPeews. ~+d+ and e y, dwll b~ Nrwnadi~ttly du. ~d pay~bbs whetMr or no1 tMr~ M notia dr
mand, ~ttempt to ooI1M a wit_ P~^d~rgi u~d tM fut! amow~t of ~scA avery ~ P+Yma~t shifl b~u. inter~s~ kan tM dat~ th~nd untN p~id ~t iM
rue of nins pN oentum per ~eriwn; «d all s+id aosts. cl~+ry~s and e:p~ws ina+rnd or psid. 4opNha with wch im~r~t. shall b~ a~wnd b~? tM li~n of tha
mo?tyap~, ~ '
6. ih~t W In th~ rwnt of any bnach of this Monyap~ a defavt~ on Nr p~rt of tM MORTGAGOR, a lb) ~h the w+n~ any of wid wnr of moMy
~.eu+ ..f~~a to b. oa P?o~dy .~d r„~y P.d w~~h~, tlwty Cd0) dayt nea~ ~ftar tM sam~ seve?ally becan~ dw ~nd p~y~blt. witlwvt d~ms~+d w notio~. _
or ln tM ~vem sach ~ed every the stywlatioro. +~~aen~MS. oonditions and cown~nts of w~d promisso~Y ~?w~ and Hw ~no~qap~ +~Y o~ ~it~ en nw
~h. P~a^P~H and fully paformd, ditc~rQed, ex~cvtd. ~ff~chd. oanplet~d. aanpli~d whh and abided dy. Nrn in ~itha or am? wch w~nt tM said a~
yrep~h wm mN+tio+~ed in s~id promissary not~ then rKnaMinD w~p+~d. with imsrest ~ccrwd and all mo~eys tecwed Mr~MI. sMll baeony dw ~nd P+Y~
sbl~ forthwith, w thKWfta, at tM optan of said N10RTGAGEE, s fvly and tompletey as if all of the aid swm of momy wen orgin~lly atipulated
ro{~ p~id p~ wch dsy. ~nyrhiny in sa;d prom;uory ewts or in thh Mortpaye to tht con~r~ry notwitMt~ndinp: and therwpon or thers~fiM d ths option of
said MORTGACaEE. withow ~wtia or dem~nd. wit at law or in pvity, tbaefon or Mweafter beyvn~ m+Y be W w~c~tsd ~s if all ma~sya ~~d Iwnby -
haJ RMtYfld Pf Wf to ib IMtifiltiOfl. -
7. That in th~ ave~t Mut at th~ b~ginnirp of a st ~ny time pendinp +eY wit upo^ this Mo?b+ye, w b fonclos~ k, o~ to nfam it, w b~nfora
PaY~t of a~y claims herew+de~, aid MORTGAGEE ~i~sll ~pply to tM Court havinp jwisaliction ther~of for 1M appointrtNnt of ~ RscetvK, wd~ Caxt sh~ll
fwthwith ~ppoint ~ nceiwr of saifl mwt~aped prop~rty all ~nd sinpvlar, indudug ~II and sinQular tM incom~. profits, iswas ~nd r~rerwes fran wl~atw~r
:ource deriwd. ~ach sed svery. of which, it b~inp expreuh w~derstood, h hereby mwtg~ged u if apecifically a~t fath and de~cribsd fn the yr~ntinp and
Mbe~xiwn clawes hereof, and such Reaiw? sMll Mw dl the broad and effective fwxt~ons ~nd powers in anywise entrusNd b~r a Gowt t~ ~ R~uiver, and
wch appoiotrt~t shall bt msde by wd~ Caxt a an ~dmitted pviy-~nd a mnter of absolute ripht to s+id MORTGAGEE. ~nd witl?~u1 t~f~nna w th~
~daquxy w insdeqwcp of th~ vslu~ of tM properry mwt~ed or w the wlv~ncy or insdvency of saW MORTGAGOR w the d~fend~e?ts, and that wd~
renrs, profifs, income. issws and rsvenues shall bs applied by wch Reoeiver ~ccwdinp to the lian or pvity of said MORTGAGEE ~nd tM practia of such
Co~xt.
8. To duly. P~rM ~+di h,iy ~.t«m. ~.y.• execute. effect. complet~, complY with and ~bids by ad~ and ~wty th~ atipvlatio~a, p+~ts
cor~d'irions s~+d ooveeMnn in said promissary note and this mo~ape aer forth. ~ -
9. That tM werN the ownership of ths moRy~ped premiws, a sriy pirt thereof, bec+oma wsNd in a p~nort WMr than tht MORTCsAGOR, tl+~
e
MORTGAGEE. its sucoesson and augrn, may, without notice to the MORTGAOR. dsal wi~h wch w~or or u+aesaor in ioten~t with refu~na b thfs
mwtyaye and the deut F+ereby secured in tM s+rne marr+er ss with Matyagor without in sny way vitiatinp w d'acha.p'ug th~ Mortpapors' U~W~it~l hsra
u~der w upon the debt hereby secwed. No sak of the premises hercby mo~tyaped u+d no forbear~~oe 9n tM pui of the MORTGAGEE or its waesson
or suigns snd no extcnsion of the time for ths payment of the debt he?ebp secwed piven by the MOttiGAGEE or iri sutoesson or auipm, sh+U operat~
to release. dischuye, nad~fy chuge or affect the original liability of the MORiGAGOR herein, ~ither in whole or h put. _
10. It is spec~ficslly sgreed that time is of ths essenc6 "of this oo~trsct u+d that ao waiwr of any obliystion herwnder or of ths obliyation ae~
~ cwsd hereby shsll at any time thereahcr be heW to be a waiver of the terms hereof a of the instnwneM secwed huby. -
11. In add~tion to the forego:n9 mo~thly paymenri of princ:pal and intuest required by the pran'~ssory note secured lKreby, mortg3gor oov~n~nts
and sprees to pay to mwtgagee with exh monthly payment an additansl :um estimsted by monysgee to be eqwl b 1/12 of the annwl tost of tht fdbw-
A-All rsal property tsxa levied or assessed agair~st the above described rea{ estate.
B-Premiums on 6ire and wudstorm inswance as herein req~?~red to be u?ried on the improvemenri irtuate on the above desaibed pr~rnbes.
C-Premiums on such mongage g~aranty i~uurance ~s mo~tgagee shsll from time to time deem fit to carry on the loan secured hereby.
Mort9sgee shall from time to time notify mortgsgor io writing of the amoum due and psyable hereunder and such wm shall N~era~rpon bs du~ and
payable on the due date of the rKxt monihly payment and exh suctessrve month thereafter ur,til matpagee shall notify mortyapw of a thanpe in svch
amount. Sud+ sums shall be spplied by mwtgagee toward the_ p+yment of real property taxes, irwxsnce premiwns. and mortpage y~w+nty 4+wr+nce
Premiu~ru•
IN WITNESS 1NHEREOf, the wid k10RiGAGOR has hereunto set his hand and sesl the dsy and t afor~ssid.
led and iver tht p?ese~cs of:
E` ~ 4
n
- ~
STATE OF FLORI~A ~
SS.
~ S t_ Lue ie .
m, p,,,~,~y ,pp~,~ J ohn H F e s s e 1 .na
Ruby L. Fe s se 3 ,~,;f~, ro m. we1~ know„ ,~,a wawn to ms w b. _
the ind'ividwb desuibed in and who ~xewt~d t1a forspoiig instn+n~nt, and atkrwwledped befor~ m~ that they ex~cvlad ttw wne for ti» qxpw~s
rh~,e;,, ~..,.sd, Md h,. s,:a RLtag L. Fe a q e 1 -
,N;~. ~ ~ .Tohn H. Fe s Rel - . „~w, , sep.r,» aod ~va~.
examinNion by me taken ssparat~ and ~p+rt from her wW Iwstand. +e#nowladp~d to ~nd befor~ me th~t shs ex~cvted s~id inttnwnem frsdy and vokin-
tarify and without any compukioi4 oonstr~int, apprel»i ' n, o? f~ar of o? ftom ha wid huaband.
WITNESS mY h+nd and offidal ssal ' day of Ma A. D. 19~
Nonry Pvblk in arw! f th~ Stat~ af Hor~ at larq -
Return To: ~~;,`~~a~•""a~itu,; ~ ' - ~1? Commissf°^ ~pke~'
F&u F.a...~ s.vinp. a Loa+ Ass«~anoe ^~r . Net+~1? /I~c. Shte oi Fiaid~ ~t Lif~e
&st • u
Of Fort Pierce. '•~~~V~~~•;s..c' ~ C~Iff10w ~ ~ ~9
~ = a.w ~r ri. a cw~r c~
" 'L: t~.:-~;r-,
FILED AND
RECO~tDEO ~ a . ~ : ~ .
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ST. I.UCIE COUNTY. FLA. ' -~~-~.s:~'~ ~
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R''COi2~ V~P.IFIEO ~ ''~!p•-- ~~'r~ . t'~~~_ -
~ 15~01'7 = ~ : : - ~ :
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67 ~Y ~ : 32 ~ - -
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`•~.y~1.:i' es~~!p: CJ
CLERK C{RC~t i COURT D~
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