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To plaa ~nd contiiwo~sly kNp oo tM buildinps now w hsreahtr ~itvat~ on said land ~nd on ali puipnNal ~nd pasaw~hl covM~d bl? tAk morq~
with all pnmiums tiwr~on p+id in fuli,. fin inwrann in ~M vswl pandud Pdk7? torn~, in ~ sun~ app~owd by th~ MORTGAGEE. a~d win~Mtam
wuwana in thi uswl s~+ndud pol~cy fam, in • wm ~pprowd by tlw MORTGAGEE. . M wch oon~panr a oompania af tlr MORTGAGEE nup
direcy ~nd all fin and wi~dstorm i~wana P~Ka~ on ~ny of s~kl bviW~nps„ an~l IntwNt tlw~in a prt tl~~of. in th~ pp.p+h ~wn aforq~id a
In ~xcea tl~~of, sh+il oont~in th~ wwl sfar?da?d mo~~9a~ ciww a wd+ aM. dw,. aa_ ~M Mo.~y+p.. e++y ~+w~, m+ktno ~M toas w'd.' "d pdF
cia, ~~th N+d ~vay. paYaW~ b aid MORTGAGEE a iq iotattst nwy app~~, and ~ath and twry wd~ polity ~hall b~ promptly us:y~wd and d~liwt~d to
any lrld by s+W MORTGAGEE u funAK s~cwiry ro said mo~pa~ debt, aed. no~ less tl~ qn (10) d~y~ In ~dva~a of tM txpir~tion of ~ad? polkY. w d?
I~ve~ to uid MORTGAGEE a n.~sw~l tMreof. topNMr wirh • nceipt for ~M pr~miwe of wd~ rtnewalj and tMn sh~ll M no f'in w windsram in~wana
plx~d an any of aid bvildinp~, a~y intenst tMnie or pnt tM?wf. unless ~n ~h. fo.m ~,d wah M. loss par~W. as afor~.~y and ~n ~h~ .v.~ «~y w~n_ _
of ma»y b~wn~ paYabl~ w?d~r wch polky a polici~s s+id MORTGAGEE sh+ll Mw tM option to nceiw and apply tM wn~ on aa+a+nt of th~ ind~bt~
neu tiew~~d tw~by or a p~rmit ~a~d MORTGAGORS ro ~eaiw and us~ N ar ~ny put tF?er~of tw otha purpw~s, without thaeb~ waivinp a impak-
ir,9 ~ny p~ity, li~n a riqht w~d~r or by virtw of N~is morr~ay~t +nd ie~ tM ~wnt said MORTGAGORS sMil for aM? n+wn f~il a kNp tl» wd pnmiua w ~
insu?ed. a f~il b d~!iw~ pramptly ahr of satd policles of inwra+o. a aid MORtGAGEE, « t.i~ ~~y a P.r t~+iy +ny pr~miwn tha~far w G+ +^y
ra~pat fail b pNfw~, diuh+?y~. ~x~cut~. ~ff~cf. oomplNe. comP~Y with u~d ~bid~ by thb aov~n~M, w+nY P+~t Mnof. s+id MORTGAGEE m~r p~so~ a~d ~
Pay k? such M~wu~ a~ ~ny part tMt~of witharf walvinp w~ffKthp +nY oMion. ~i~n, ~VuMY. or ripM undM or by virtw d tMs Mort~. u~d tM
full amount of saeh and wsry wd~ paym~nt sh~l1 b~ inrnsdi+t~ly du~ and piyaW~ u~d sA~ll b~ar intK~at fean t1N d+M 1hK~of until p~id ~f tM nN ol
nine pK pntwo pN ~nnwn and toyelha with such in!e?ast shali b~ s~cvnd bp 1M I~n of 1Ns monpp~.
4. To pamir, oommit or wff~r no wast~, imP+i~meot or dNeriaation of s~id prop~rty or ~ny p++t thtrwf.
S. To pay ~II and sinpvlar tM cwn. ch+rpa and ~zpeme~, includkp • rsawn~bl~ ~ttomey's fN a~d ooan of absh~ett~ ~1~, inewrd a p~ld N ~
any time by said MORTGAGEE, b~u~ne or in th~ ~wnt of tM f~ilun on th~ put of tM said MORTGAGOR to duly, promRNy h P~f d~c~~t
execv~e, effep, oompler~, oomply w~rh and abtd. by ~ach aod ~very tM st~pulatiom, ap~e~ms. eonditiaa. and oownMri of uid promiswry ~ and tl~
morTgay~ ~ny o~ ~itlw~, and iaid costs. chupes and ~xpens~s. ~ad~ aed ~wry• fIMII bf MMMdiNt~Iy ~N ~~iy~l WMIIfN Of 110f fMf~ ~~?otia e!?
mand. ittempt To cdlatt or wH P~ndinpt +~d th~ full snwuot of each and awrY su~l~ WYmMt ~MII bear ht~nst ftonl thr d~N tMrWf wMil paW at th~ '
rnfe of nins p~r oentum par +n~wn: ~~d all said oos». d+ar~s and ~xpMSes L?cwnd a pak4 ~opNher witb such Int~rMt, ihall b~ ~cw~d bp th~ Iisn of thia '
mortya~. ~
6. T}wt (s) in the went of u~y bresch of Nas Mortgspe o~ d~f~ult on th~ part of tht MORTGAGOR. or (b) tn tM twnt u~y of ~+id wn» of nan~y t
herein refen~d ro b~ not promptly snd fuly p~id within thi~ty (30) dayt next ~her th~ s~ tewnlty b~ta~w dw ~nd p~y~bb. wklaut dan~nd or notia. ~
or in tM ~vsnt t+ch and evay the stipulations, ~gre~n+enri. tonditiaa ~id cown+nri of s+id promi+so?Y noh and Nwt matp+p~ ~^1~ NN~t ~n ^a
iutY, prompN~r snd fully p~rformed, dis~+~rged, execvt~d. ~ffected, compl~ted, complied with and abided by, tMn in ~itMr or uiy w~d~ wMt tIN s~id aQ~ ~
gregate wm mer?tioned in said promissory nott then ran~ininp w~id. with lnterest attnied, ud all mawy~ Ntw~d. hM~by. ~II b~oom~ dw ~nd p~y~
eble fathwith, o~ thercahe~, at tM option of said MORTGAGEE, as f~lly and compl~tely N all of. th~ said ~u~s of moMy w~n oripinally aY~putat~d
ro be paid on wch dsy, anytAirg in sa~d promissory noM w in tl+is Mort~ay~ to fhe contrary notwNMt~ndinpt ~nd tMnupon a thu~~ftw ~t fh~ option of [
te~d Al10RTCaI?GEE, wirhout aotin or damand, suit at law or in puity, ther~fon or thKS+fta bpi+n. ~r b~ p'oMCUt~d +s if ~11 n~on~ys ~ew~d lwnby ~
hacl matwed prior to 7n tnsrfinion.
7. That in the event th~t at the beyu?ninp of or ~t ~ny t~ms pe~np any wif upo.~ this IlAorppe, or to bheloa h, w to nfonn N, or to ~nfwa
paymenf of ~ny da~ms I?ereunde , wid MORTGAGEE sh~ll appy ro rM ~ou.~ h~vinp jurad~ion H~enof fa th. ~ppoinrm.m of ~ R.nivK. wih CouM slwll
Forrhwith appoiet s receivsr of sa'~1 mortyayed prop~rty stl and iugvlar. Gxludmp all and slnpul~r tl+~ inoan~. profits. bsuN and nvM~ws han wh+t~vN
so~rce de+iwd, e~ch and every o# which, ir beinp ~xpressty vnders~ood, a ~+rebY mor~yayed a if sp~c~fiutly Nt forth ~nd d~wib~d M fhi or~ntinp and
habenrJum tlavses heraof, and wch Reuiwr ahall Mve all the bro+d and effacriw functions and powsn In anywis~ ~t~d by ~ Couh t~ a R~aiwr. and
:~,ch appointment shsll b~ made by wch Cam as an sdrnitted equity +nd a m~tter of absoluu ripht ro wid MORTGAGEE, ~nd wlthout nf~raia 1o th~ f
adequacy w kad~qu~cy of the value of the properry nwrtysped or to the whnircy or ir~wlv~nqr of aid IWORTGJIC# a th~ defa~dant~, and thst such ~
rems. profita, income, issues ~nd ~~venws shall be applied by such Receiver sccordu+p to tM li~n or pvity of ~aid MORTGAGEE and iM practia of wde
CouA.
8. To duly. ~xaePtb and ful~Y P~rform, d'acharye, execute, effect. comPle?~, comP~Y with ~nd ~bid~ bp wd~ ~nd ~wry th~ aNP~latioro. aW~nN.
conditans and ooverunts in asid prombsa~r not~ and this mortyaye set fo~th. ' •
9. TMt in tM tvent the ownershlp of the mort9aQed pree~itas. or ariy p~rt thereof. beaonws vwt~d in • p~rwn ot1+K than th~ MORTC+J?~'aOR. th~
MORTGAGEE, in succeu«s and auigns, may, without notica to the MORTGAOR, de~l with wch wous~a w N+oaawr tn fnhrat with nfK~na b thM
mor~ga~e and the debt hereby secured in the same manner as with Mwtgsgw without in ~ny wsy vitiatinp oi d'acMrpinp tM Mortp+pas' (libility 1»rt
under w upon the debt hereby aecured. No s~le of the premises hereby ~wrt9a~ed ~nd eo forb~~no~ a+ the put of the MORTGAGEE a its wooasors
or assigm and no ez~ension of the time for the payment of fhe debt hereby secured 9iwn by th~. IMORTGAGEE or its wtauon or auipty. shall op~raN
ro release, dixM?9e, ntodify tluoge or affect the original liability of the MORTGAGOR herein. ~ither in wlwb or in pnt.
10. It is specificaUy ap.eed that time a of ths essence of tha aootr+ct a~d that no wdwr of ary? oblip~tion MrewKkr a~ of th~ oblip~tion N-
cured hereby shall st any time thereafter be held to be a waiver of the terms he~~of a of tlr instr~nt s~cw~d FNrby.
11. In addition to fhe foregoing mo~thlY psyments of princ:pal and interesf reqvired by the pramisw+_y nole Ntvr~d h~rebY. mor~ppot oownanb
and agrees to pay to mortgagee with each monthly payment an addirionsl sum estim~ted by mortqayee to b~ pwl 10 1/12 of th~ anwa) cost of th~ follow-
ing:
A-AD real property taxes kvied or assessed against tF~e above described re~l estate.
B-Premiums on fire and windstorm insurance as herein requ:red fo be urried on the improv~nt~ sitwf~ on tM ~bov~ d~wib~d pt«nia~a.
C-Premiums on wch mortgage gwranty inwrance as mortgage~ shall from time to time de~m fit Io urry on tM loan wtwed hK~by.
I'~ Mort9agee shal! from time ro time notify mortgagor in writing of the amount d~e and pay~bke htrwnder ~nd suth wm ahall tMrwpon b~ du~ ~nd
~ Fayable on the due date of the next monthly payment and each s~ccessive month thereafter until mortypee ~11 nofify morfpapor of • ch~np~ in such
amount. S~xh sums shall be spplied by mortgagee toward the payment of real prop~rty tsxa, inwrante prem:um~, and mort~~ ~wrNth? inwnnt~
~ premiums.
IN WITNE55 WHEREOF, the said MORTGAGQR has hereunto set his hand snd seal tht day ~nd yur f&st ~fwaaid.
Sg Sea and del' ed ' preseno~ of:
~ .
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~ ~n
; rs..n
/
ATE OF fLORIDA ~
SS. ~
courm oF 3t. Lucie
~f~ ~ ~„~,,,y, Ralph 8. Reichert ;
Trene 3. Reichel't t,is w;re, to ,n. vret~ knovm ,na knawn +o m. +o b.
ihe individwb described in and who exea,ted the fwepoirg instrurmnt, and ~cknowled~ed before nw that tMy ~xeated ths s~rr» fa tAt p~rpos~s
rnerein expressed. a~a rr~. • i hert :
~~re of Th. ..id ~B P . e c ar . up«, .,.P..,a .~a priv,t~ ~
examinstwn by me taken sep~ate and ap~rt from her said husbsnd, aduwwledped to and befa~ nK that she e~cearted said Instrumeet 6e~ly u~d vdvo-
rarily ard without u+y tompvlsion, corutraint. ~ppreF~ernion, or fear of or from Mt said Fwnband.
; WITNE55 my h~nd ~nd official sea! thi~ 31st day of ~ /1. D. 19 67 ~
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Not Public in aod tM Sta» of Florid~ d L~r~ j
Retum Ta ` li`~~~MUaM~r,,.~~ion ~xpina: ~
~ Fint ftder~l S~virgs 3 losn Aswcistion " ' ~~t_-~~' - ~7 'J ;
~y ~ ~R ~ ~ ~
Oi fort Pierce. •~V Coo,~is,;o~ Exoins S~pt. 23. 1964
~~.~.e~. v:~: ~ L b.M1 b A.Nk+~ fsw i C~f~ G.
fat Pierce, florida '.t ~ ~ :
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FILED ANO RECORDLD~`• JT :1--_
~ : ~.a ~t ~ , < :
ST. LUCtE COUNTY. ~
P~CORD V Ep., J~ y~ . -
ERIFI F~~~~~
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ii0:~'t?; i'OITR:.$
CLERK CIRCUIT COURT
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