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1. To pl~a am! oo~nirwa+~h? kNP a+ tM buildinp~ iw~w a h~rWh~r sitw» on s~W land and on ~II ~quipn~t +nd PKwna1N aowrrd bY d~k a+~xq'
+Ow wlth ail pnmiuny thwwn pad in firlL ftn i~uunna !n tM vewl sundard tty fotn~ h.~ w~n ~pprowd by th~ MORTGJI~'rEE. and wind~tons
in~w~ M tM ww) sundard policy fwn~ M a swn approv~d b~r tM MORiGI~EE. !e tucA oomp+nr or ooaipaniK ~s 11» NA~ORtGA~E nw11
dMW~ ~nd sU fir~ and vr4wl~to~tn M~uranw P~~ a^ ~ intM~tt tl»nin ot pMt tlynof. in 1M aOpr~WN ~ ~forwid 9?
In ~ooKt N~rof, ~h.U oonuh tl» uswl aard~d mat~a~t clauM oc wcl~ o~1w dauN ~s th~ Morlaap~~ nw1?- ?p~?in. n~.='n0 1M 4as wda wd polE
cia. Nch ~nd ~wry. WY~bI~ to ~aid MORTCs/1GEE a i1s Y~terest map pp~a?, and ~+ch ~nd wKy wd~ PdK7? sAa4 b~ V~~~Wb ~'o^~ M~ p
~nr h~W bp wki MORTGAGEE a funMr Marrity ro s~id mo~tp~pe d~W. +nd. not tas iMn t«+ (10I. days in ~dv~na of the ~xp4•Non of Nch polkll. to dt
(iJ~t 1o wid AAORTGAGEE ~ ~wNwal tMnof. wpNMr with a natpl for 1h~ pa~~ oi wtA r~ntwal; and th~n sMll bt oo fih or wi~xbtorm intwanct
pl.ad on ~n~r of s~id bvild&g~ any Mh.at thK~in a pMt tlwrwf. unMu in tlr io~m ad wNA th~ loss p~yaW~ a- ~~onwlds ~nd In fh~ ewet ~nj? su+n :
of narNy b~caoM p~Y~ble wid~r wch po1k1? or Polici~a s~id MORTGAGEE ~1u1) Mv~ th~ option M nalw ~nd ~pply tIN sarn~ on iooount of tM M+d~bt~d~
nas s~cw~d Mnby a to pKmit uld MORTGJIGORS ro nceiw and we N o~ ~ny P+~t tMrwf for aher pwpous,. wilhovt thertby waivinp w imp+la
~+0 +~W ~~h/.. lia~ w riyht uoda~ or by vktw of thk mo?t~+p~~ ~nd in tM ~vent s+id MORTWGORS ~++11 for any ~~aso~ fail w k~p th~ wid pr~mis~s w
in~w~d. or f~tl lo d~lhrer PromptlY ~~1? of s~id polieNa of inswana M f+id ItlIORTGIIGEE. a faif promptN ~ P+Y ~~hl +~Y P?Kr?hM+ fMnfa a M a~+r
nip~et f~il w psrfore~, t~xMrp~. tx~eut~ tff~el. oon+P~~ ~P~Y wtth ~nd ~bid~~! Mis eown+nt. or anY Part hKaof. saW N10RT(311tiEE en+Y p~~ and
WY ~ wd~ kNwano~ or ~ryr parl tMrwf without walvMq or aH~ctinp +nY oPtion. Na4 ~qwh.-~-~M "wwla or by vk~w of this Mart9+p1~ and tM
futl anawa of ach and wNy wch p~yrt~t ~MII b~ imme~t~ly dw and py~We ~d ~11 b~ 1MKa1 from t!» d~N tlweof ueuil pald ~ tlM r~ d
nirw pK amwn qr urwm a~d toy~thx with wd+ inNteat sMll b~ wcvr~d by tiM liin Of thit n?ortp~p~. .
1. To P~4 oommit or wff~r no wast~. in+PiirnKnt or d~taioation of said propKty a+nY P+h ther~of.
S. To pay ~tl aed sa~pular th~ costa. cl?rpN +~d ~xP~?w~, k~dud~Y a?NSawbh a»amY~a fw and oa» of +b~t~ads of HII~, i~axr~d at P!W
~ny tinN by said MORTGAGEE. b~ w N tl» ~wnt of tM fNlun on tM p~rt of ~M uid MORTGAGOR w dulY. P~~+P~~Y ~~1? P~~ ~
.xec~». tffea. aanvl~fa oomplr wtth ,nd •bitM by Nth and w~n +h~ trtpu4riora. .p.s.~r~enn, oo~diriom. .nd oown.nes of safd pran7s+ory eon and t
any a~itMr. and ~aid aosti. dw?yes and ~xpen~. e+d~ wd ~vKy. ~h+ll D~ inw+n~diately dw ud payabl~s whetl~ a not Ma~ b~ notia d~
c~r~n~enpt w oolled a sua PNdinpt ~nd tM fvll_ ~n+owN of wch ud ~wrY sech WYm~M sh+tl bea? 4+t~nst from the dab thu~of until p~ld at t!4
rste of nint psr oeMum pu ~ewwms ad ~11 said oosts. tMrpa aM~ e~p~ 1~~d a W~. with such int~L sAdl b~ ~at~x~d b~l th~ liM of thi~
moctp~pw . -
6. 11wt ~ tM ~wM of amr Ixtad~ of this Mat9ay~ w d~favlt on ths put of tM NIORTGAGOR. of (b) in thi wa~t ~ny of ~aid ~uny of mon~r
henin nfemd ~o M not pr«nptly and fuly prid within thuty (~01 d~ys next afte~ the s+me sev~sllp b~coms due and•p+ysW~, withow d~nwnd ar notia.
w(c~ In tlw ewM s+d? aed ewry tM stip~+latiom. s~nam~nts, aond'itions and ooweants of w+d promwwry n~ ~nd Ma n+ortpg~ +rryl a ehMr w aw .
~H. (?j~M~MN +~d fu11y pKfornwd. dixMr~d. ~xacutd, ~ff~ci~d, canpl~ted. oon+died witli ~nd sbidsd by. tMn in ~ithu or ~rnr wch ~wm tM said aa
gre9aM wm mer?tioneJ in said promissory not~ tl~en rem~ininp enWid. wlth inta~st +cuuad. and atl monsys tatw~d Mnby. sh~tl baoomt dw and p~r
abl~ iwthwith, or tMr~ah~r, M tM option of said MORiCsAGEE, a fvlly snd oanplN~hr a if sll of the said w~m of mornr wen a~inally atipul~ted
ro b~ p~id on wch day. Af~ylhi~Q i~1 fiifl ~OmiisOry ~Wtf O? itf tF~b MOtt9~QR t0 th! COntruy /Wtwifhtt~inpi in~ 1Mf~VPOe Of tI~Nf1K ~1 tIM OptWrl Of
•aid 1NORTGAGEE, without naia w d~m+nd, wit at law a ie puity, therefon a thsnafter beQun, mn? b~ prw~cvtad as if +~I mo~eY~ wwnd MrsbY
had rtNtured prior to in i~qfihrtidl.
7. iMt in t!a went that ~t tM b~yinninp of or at a~?y tinne p~ndiny any -svit vpoe this Matyape. w to fondo~ H, a to hfa~m M, a to enfore~
psynKnt of aehr daims here~der, aid MORTGA~EE shall +pply ro tM Cow1 havinp jwadiction therooi (or tM •ppoie?tment of • R~t~iver. wth Court sh+ll
forthwith appoiM s nccive~ of aai~l mo~tqaged all and singvlar. includ~rg all ~nd sinpulu tM incort~e. proiits, Issws and nwnws fran what~ve?
wuroe derived. exl~ and ~very of whidw, it ep euprestly undsrstood, is ht?eby mo~tgaged as i~ spetificilly ~1 forth snd drw~! h th~ ptantkg and
habN~Nn clauses henof, and :och Reoeiws 1{ Fwve all tlw bro+d and ~ffeuiw functans and powen in anywise ~tMnnted by a Co~rt to a RsoeivK. ~nd. -
such sppointment ~II be mxl~ by wch Court as an ~dmitted eq~ity and a m~tte? of ~bsdute riph~ ro wid JNORT6AGEE. sed without ?~fannu to tl+~
adequacy a Inad~quscy of the wlv~ of the Propertl? ~ed or to the savencY a insolv~ncy of uid MORTWIGOR a 1M d~f~nd+~», and that wd~
rents, profiri, iotoms, issws and twawes shall be spplied by such R~ceivar accwdinp to tM lien w~quily o( s~id MORiGAGEE ~nd tM pnttiot of st+ch
Covtt. . . ~ . .
s. To duy. P~^P~N and fuly p~rfonn. dacMrp~, e:~cutt effect. eomPle?t, oortq~lY with ~nd abid~ by e~d~ and ~veryr th~ sNpul~tio% ~D~~Mnts.
conditam ~nd coven~nb in ~aid promf~sory not~ and this morty+~ set fath. ~ ' _
9. TMt in ths eaent th~ ovvnerslsp of the mortg~p~d pnrnises, o? ~riy .psrt thereof, b~aonws wst~d in • pnon. otl~ tMn th~ MQRTtiA<'sOR. th~
MORTGAGEE, its suooessors ud asstpm, may, wirhow ~orice w ~he MORTGAOR, deat wirh iuch woc~ssor a waassor in inte~esf wirh nfenno~ eo this
mort9aye and the debt hereby secured in th~ ssrm m+nna~ as with Mort~~gor withow in ~ny vir~y vitiatinp a~iscMrpi~p the Mwt9+pws' U~Wlity l+~rr
unde? a opon the debt hereby secured. No sal~ of ths premiaes hereby mortgaged and oo fabearano~ on tM put of th~ MORTGAGEE w ks wocesiws
a~stigm a~ no exeeosion of the time for the payment of the debf hereby secured 9iven by tM MORTGAGEE a its sucoessas or assiyns, sh~ll op~nte
ro r~lsase, d~sd~u~e, modify charg~ or affact the oriyin+l li~bility of tM JNORTGAGOR Iw~ein, ~ilher in wlwk or in part.
10. It b spccific~lly sgreed N~st time is of ths essenos of this cantracr aod th~t no w~iwr of am oblipation h~rawrder w of th~ oblipation ~r
cund Mreby sMll at any time thereafler be held ro be s w«var of the temns henof a of th~ imt?umero secund herby.
11.'In additan to N?e fwego:ng monthly payments of princ:pal and interdt requ'ued by tM promisso?y nole secwed hereby, mortgagor ao~v~anb
and a9raes to p~y w mortyagee with each monthlY p~Yment an additional wm est~msted by mortyape~ to be eqwl w 1/12 of the smwl oost of th~ fdbw-
i~: .
A-All real property taxes levied q assessed against the abow desaibed real estate.
j 6-Premwms on fire and windstorm iosu~~nc~ as herein requ~rad to bs csrried on the improvema+b sifi+at~ on the ~bove desaibed P~emis~s.
C-Premivms on such mwt9+ge 9wranty insurance as mortgsgee sh+ll from t;me to time deem fif to urry on the ban secured hereby.
f Mort9sgee shall from time ro time nctity mortgagor in writing of the amount due and payable nereu~~der and such sum shall thereupon be dw u~d
~ payabk on the due date of the next monthly payment and each successiv'e month thereaher until matps9se sh~ll notify mo?t9agor of a ch~npe in such
amount. Sod+ sums shall ba ~pplied by mwtgagee towud the psyment of real property taxes, inswsna premiurra. ~nd mortyspe gwrsnfy irovrurce
P?emK+ms. - .
IN WITNESS EREOF, s+id TGAGOR Fw hereumo set his hand and seal the d~y and fint sfa
i ed k~ of: ` •
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- re..n
STATE OF FtORIDA 1 - •
~~~y ~ St. Lucie • ~
~.,,,,uy ,~,~„d ~ V i-~i 1~T BL r o n ~ s~a
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ha wif~, w me well known ud known a m. a b.
the ird'rvidwb dtatrib~d In who ~xewted tht forayoinp iratrumM, and aclcnowktlpd b~fon m~ that NKy exeaited th~ sams for tht purpw~s
~n~,.~, ~..~a. n„d ,.:a Betty Lou Burton _
,~f~ ~ ~ Virgi 1 J. Burton - , „P,,, ,
examir?tlion bp rn~ tska+ a~p~rat~ ud ~parf from har ssid hinbsnd, dcrwwlsd0ed to and btfw~ m~ thst shs axecuted s~id instniment freely and voNm-
t~rily and withovt arhr compulsion, camtwint, ~reMeui y~fear of w from Iwr wid Iw~b~r~d.
w~rMESS m,? h.~a .na of~a.~ ,.d +hi.- a.r Ms A. o. ~9 6?
•-Lr i.
• Noqry Pvblk in and for th~ ShM of florlda aT.~p~
/iAy Commission txprpt 1,~ T.1 / i
- RNwn To: . > ' . v , ~ ~ . : '
Firtt F~dKd Sarings f~ loan Aaotiation ~ ' cJ• ` "
of Fo.r P~e.ce. ~ HOTARY PUBil~, SF~Tf -,f R~JRtDA at LARGE-• : J• =
' ~1Y CO.Y,iitiS~:Ct~e EI,P;t':F . • ~ ~ ' -
~Ci~ CiQ~ ~i S i;DY. 29. 196$ ` : ~ ' • ; ~ = ~ .
• pNCip TiiROLaN ?RtD W. DtE~j -+'Z O. I
RECOaD VERtFI~A _ ~ --T_ ~v_ ,
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'i'~G/Gf'L7~~/"'~ . ,.L~
iiOGER P017RA3 '
~.ERK CIRCUIT
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