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S. To pl~ ~nd oontMwrovsly kMP on tM buitdinQs now a MnaftK ~itwa oe aW land v+d on all puip~t ~nd pKSO~+~h oovK~d M? ~~~Y'
p~. with ~!1 prMnium~ Mu~on paid tn ful1, fin fns~rru~a in ~M vswl standud policy foral, in • ~wn approwd b1? tM lMORTGAGEE. ~nd wind~torm
insur+nc~ in th~ uswl stsnd+rd pditY forn~ M~ swn approv~d by tht 1NORTGAGEE. In wth aanP~^Y a~P~~ q t1w MORTGAGEE nw1?
directi and all fin u?d wN~dsw~m Mawana potic»s on ~ny of wid buildinp~, +nY inNnat ~lrnin or pwt th~rwf, in tiw app~p+t~ w~+ ~foraaid or
In ~xau tMhof. slwll ca+qin tM uswl itandard ma~pa~ clww a wch alwr d+~a~ a tM Maqap~ ~Y ~~w m+kl~+p th~ {os~ w+dK s+~d polb
cisa, e~ch a~d wKy. paYabl~ b s~id MORTGAGEE u its Int~rest may Mq~t. and t~ch ind iwry sucA policp iMil b~ P~PHY ~+~d +^d d~l^~NNi m
•ny hsld by s~id MORTGAGEE ~t fwtha s~cwiry to s~id mortp+p~ d~bt. and. ~wt las thu~ »n p~ d~~rt In ~dvuw of tM txpkation of ~ach polkl?. ro dr -
I~ver to s~id MORTGAGEE a neNwal thHwf, top~tMr with a roaipt for tM pnmium of such ~~w~b +~d ~h~n sMll b~ ^o f'h a wi~~'^
pl~cad on any of aid build'Mps. ~~y interat tMr~in or pan tMnof, unlas ie tM fom~ ~d ~witA iM loss pay~bl~ a~ ~fwrs~idj M+d N tM ~wM any win
of mw»y bton~ payabl~ und~r weh po1kY o~ Polie~s taid MORTGAGEE sMll h~w tM option to notiw and apply tM ~aeM on aaow?t d th~ M~d~t~
neu s~cwed I~~by w a p~neit ssid MORTGAGORS ro naeiw and w~ B a any part tMrwf for w1+N pwpoa~s, witFaut tM.eby w~ivina w imp+ir-
any pviry, lia~ at ~ipht unde~ or by virtw of this mortp+~et +nd k~ tM ~w^t wid MORTG/1GORS ~hall fa nasan f~i) fo k~ep tM uid pr~eni~N so
iniured. o? f~tl b ddiwr promptly ~ny of saW polieies of 4uwu~o~ w aid MORTGAGEE, w f+ii ao+~h? w P+r. ~~N +^Y P~~TM~+r^ ~far a in ~e?y
respect fail to pufwrR d'atAarp~. ~xacvt~. ~ffM. con+Alets. oomPb with ~nd ~bW~ by tl~is oownant. a any part I+uw~. aid MORTGACsEE n+~y pba and
PaY fot wch Lau~ano~ or any parf tMnof without wahinp or ~ff~tHrp +eY aWion. ~i~4 qulhl, w~I+t undK or by virtw of M~b Mottp+p~. ~nd tht
full amount of ~sch and wKy wch payn~nt ~MII b~ im+wdi+t~y dw ~nd p~yabl~ a+d aMll Mar u+taa~t from tM dat~ Nwrwf unfU p~id tl 11M fab Of
nine per t~ntum per uww?m and topetMr with suth interest shall b~ s~cwed by th~ li~n of 11Js m~iQ~• .
4. To pKmit, oornmit a~ wff~r no wast~. GnWifrtlNlt Of d!fl~iOf~tlOf1 Of Nid pfO~ftr 01 My PiA tINf~Of.
S. To pay ~II ~d sinp~lar tM ooats, dwy~s +^d experoe~„ includinp • n~son~bl~ ~»orneY's fN and ao~N of ~b~h~cts of titN. kKwnd ot prid tl
any tirrw by said MORTGAGEE. b~twt~ w io th~ ~wnt of t!» f~ilw~ on tiw p~rt of tM wid MORTCsAGOR b duly. P~P~Y fi+~h? P~~ ~
execuu. ~ff~et. oomplet~. oomply with and abid~ by esch and ~wry tM sY~pulatio~u, apr~arwnts. eo~litioia. ~nd aovrnanM of a1d P~oen~+wrY ^o~ +^d t
morrpap~ any or ~ither. and aid coits. d+~rpes and. expenses. ~ach and ~wry. sh~ll b~ 6nm~diaf~ly du~ ~nd p~yaW~t ~whNl+K w not tMr~ b~ notia d?
mand, atl~mpt to tolkct a wit Pa+idi^ot and tM full ~naunt of eah and ewrY ~ P+Y~^r ahall bear int~rat fran tM d~t~ fMnot unHl pNd ~t th~
rare of niiw per caetum per +rrwm: and all said costs. cFwr9es and eapN+s~s incwnd ot paid, to~tlw~ with w~d+ YuuW. dMll b~ ~~cw~d br th~ IIM of thN
mort9p~. •
6. That (a) ie tht ~wmt of any breach of thit 1Nort9ap~ or d~fauh on Nr pirt of tM MORTCsAGOR. w(W in tM ~wnt ~ry/ of aid ~unr of mon~y
hcrain r~(tn~d to bs ra1 pranptly u+d f~ly paid within thiAy (30) dayt next ~ha~ tM samt s~ve?~ly baarw dw M?d Piyabl~. without d«n~nd o~ notio~.
or {c) tn tM ewM ~xh ud ewry the stipulatiora. +9nem~nts. ca~diY~an ~ed oown~nb of wid pranhwry noti a~d thi~ na~pap~ a NthM ~n no1
iu~y, promMN and fu~ty perf«md, d~uMrp~d. ~xecut~d. ~ffecnd, compt~t~d, canpti~d with aed ~bid~d ~Y, tMn M~itM? ar +~ry? wd~ ~wnt th~ s~td p~
gregate wm mentaned in s+id promissory noro then ram+inirg w~p+id, with infer~st aarwd, +nd atl moMyl M~,w~d. h~nbY. d~all bPoonN dw N+d pap
abie fonhwith, w thereahe., the opr'an of said MORTGAGEE. +s fully and oomple~sly if all of eM s+id ~u~a of moewy w~n ori0lna~b atipul+t~d
ro be p~id on such daY. anylhL+p in isid promi:sory ooM w~n tha MaqaQ~ ro tM contrsry notwitlat~nps and thK~Wo~ or tM~Nft~ ~f th~ option of
ieid MORTGAGEE, withow notice or demand, wit at law w in p~riry, tMr~fon or thKNh~r b~pun. m+~r' ba A~o~a!~~d a~ if dl mon~y~ wux~d I~nby
had matured prqr to iri irqtitWion. ' . -
7. That in th~ ~venr rhat ~t ~Fw beyinninp of or ~t ~ny tirn~ P~~~9 +~Y wit upon thb Matyap~;.~r"to #ohtbN h, a to nfonn h. o? fo ~nfora
payment of any dsims hare~nder, s+W MORTGAGEE shall apply to ths .Court h+vinp jwisdictbn therwf fo~ tM ~ppoinAn~nt of ~ R~tdwt, wd~ Carrt sAdl
forthwith ~ppoint •?eseiver of sa' mortg+ged propKtY all and ~in~vlu indudi~g sIl and sir~pvlar tM ie~oom~. PtofiM, kwM ~nd hrM?ws fram whalwM
wurce derived. each and avsry o~whicl+, it bsinp ~xpreuly underltob~ is hsrebr mat9a9~d as if ~qafiully tN forth ~nd d«erlb~d M thi ~rMNinp ~nd
habendum clauses hereof, and s~xh Rece+ver shall Mve all the lxoad antS eff~etiw functian and powen 1n ~nywis~ ~i~d b1? ~ Wurt tp a R~oeiwr, and
s;;ch sppoietment shall be made by wcli Coun u~o ~dmined equiry and a m~ttK of absolut~ ~ipht b uid MORTGJIGEE. ~nd witAout nfK~ to th~
adeq~acy a in~dpuxy of the v~lw of the properry mor?ys~ed o~ to the solwncy or insolvency of ~.fd MORTGAGOR a th~ d~f~nd~nts, ~nd that wd~
re~r:, profia, ie?come, asues +~d rwenues ahs11 be applied br wch Reuiver sooord'up to tM Il~n or puihr of ~aid MORTGAGEE and tM praetla of weh
Court. .
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e. To duy..~P~N s„d fi,~b ~erfo.m. d'ad++ro.. .x.cw:: •H.n, car~er•, oo~r wt?h u+d ~ bf? ~+~+d .v~? th~ a~pvtatiorw p~.~+we~a.
conditiwis a~d ooven~nts in aid prombsory ~wt~ ad this mort~aQ~ set forth. '
9. Thst M the event the ownenhip Of tha mo~tgaped Pren?ises, or ~nY P+A tMr~of. beoom~s v~sf~d tn • p~non oflwr tMn th~ ~ORTGAGOR. th~
MORTGAGEE, its suaeswrs snd suig% msy, withoul noYrcs to the MORTGApR, deal with wch avoo~or or WoMaar in iMKett with nfK~na to thl~ ,
mo.~gsge snd the,debt hersby secured in ths ssme manna u with Mortpapw wltlwut in aMr way vitiatinp or ~x~yiep tlw Mortp+pa~' liabllity Mn~ ~
under w upon the debt hcreby secured. No sale of th~ premixs hereby mortyaped and no fab~u~na on tM put oi th~ MORTGAGEE or it~ woc~uors 1
or assig~ and ra extension of the time fw the paymem of the debt hereby secured piwn bp th~. MORTGACaEE or its woo~ssort or auipm. stw~l op~r+b ~
ro relesse, disch~rpe, modify thsng~ or affect the oripinal liability of the MORTGAGOR ht?w4 ~itha in whd~ or N Put. j
10. It b specificslly apreed thst time is of the essenoe of this contr~ct and that no w~iwr of any obllpation hawnd~t w of fh~ oblip+tbn ~r 4
cured hereby shall at any ten~ thereahK be l~eid to bs ~ waiver of the ttrma her~of w of the instn~m Ncund Mrby. ~ ~
11. In add~tion to the fwego:~g monthly paymcnts of princ:pal and interest required by th~ promistory nole secured hsteby, mortp~po? o~wnants
and agrees to ~y to mortgagee with each monthly payment an sddirionsl sum estimated by mortya~t~ to be equ~l t0 1/12 of the ~trwal ooat of tM follow-
ing: 1
A-All real property taxes levicd a assessed against the above described rc~l estste. i
B-Premiums on fire and windstorm irnurante ss herein requ~red to be csrried o~ ths improv~Mnt~ sitWh on fhe ~bov~ dpaib~d prM~N.
C-Premi~rms on sucl? mort9age 9uaranty irnurar~ce as mortg~gee shsll from time to time dean fit to urry on th~ loan Ntur~d her~r.
; Mortgagee shall from time to time notify mwtgagor in writ~ng of tha amount dua and payable Mreunder u~d wch wm sMll tMrwpon b~ dw ~nd
i Fayable on the due date of the next monthly paymeM and each wccessive month thereafter until mo~t~aye~ sh~ll notify mortgagor of ~ dwnpe In wch j
t amount. Such wms shall be applied by rtwrlgagee toward the payment of real property taxes, irr~r~net pran"+wns, ~nd mwiq~p~ ~uaranlY irawa~c~
~ premiums. '
~ N NESS WHEREOF aid N10RTGAGOR hss hereunto set his hand ~nd s~al tM da riar ~f ~
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and I ed ' praence of: •
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~ • --~,a-~~- re..~
' . ^~`q
~0
STATE OF fLORIDA ~
couNnr oF St . Luc ie ~
~f~ ~ ~ Joseph Peoni .~,d
B la nc~ie P e on i M,;f~, t~ n» ,~ren know~, ,na k,ww~, „ m. ,o b.
the indivklueb desvib~d in u~d who ~xecuted the fotpoirg ' . and ad~nowtedped bsfon m~ tMt tMy ex~wt~d ths same for th~ putpw~s
~he~~~~ .~a. ~?~,a ~ B18nche~eoni
w~f2 of tlx ..id Jo a eph P eon - „p~„ ,,.p.,m ,nd ,p~h„a
exam~natan by me taken separate and spsrt from her s~id husband, aduwwledyed b a~d bsfw~ n» tMt she exscutad said irotru~+ent frKly and volwf
~arily ~+~d withouT a~r compulsion, oonstraint, ~ppreF»nsio~, or f of w fiwn h~r said hutbard.
WITNESS my F~snd ~nd offi6al sesl thi: /1 day of Ma /1. D. 19 67
ary Publk ~nd for ih~ Sta» of Nwida ~t Lrp~
.,•~.,~i++'.tte,.t, • My Corm~asion ~xpir~u
Re1wn Ta ~ - ~ Jei.,~'' ~
~ S~t 0~ ~011di it
firtt Fd~nl Savi~gs i l~osit As~ociation .+...e,,
Of Fort Pierce. ? ~P++~ Seq. 23. 196f
. fwt Pierce, fbrid~ i: • i=_ M~IN b Awtr~ H~ a ta..~y C,~.
C- l -
FIL~D A6l0~ RECORDED - = ~ - . _
ST, IUCIE COUNIY. Ff.A. ~ ~ - _
RECORD VERtFIED ~ ~
156322~ . ~ ' ~ ~ , ~ -
's~ j~AY 2 2 A~t 10 : t d y..... ~
...i~~?'F~ LT ;
•'_r i•Jl:i`!:.~ ~
CL~RK CtRCUIT COURT O`~R _ ' •
t ~V•f ~ I
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