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S. To plac~ and ooetYKavsly k~ap oe th~ build'wgs now w ha~af~K utwa on sald land ~nd on all ~quipn~f and pwson~lly ao~wrw! by thk morq~ ;
w~, wi~h ~11 p~iwm tMnon paW in fvq, fin tiawance tn ~F» ~nwl uaodud ~wlky (orn~. M• sw~ apprw~d by N» MOR~GI1CiEE. ~nd wtnd~tonn '
tn~vr~na M ti» uewl ttand+rd foren, in • wm approwd by ~M MORTGAGE~.• in wd~ f
dir~cta and aU fin ~nd wkdtw~ Mawaoo~ Kies on ~n of sajd build' °01~"y a aaep~nia a tM~ MORiGAtiEE nyy
Pd~ Y mf? N+t~?Nt H~?ein a pvt tlwhof. M tlN appnpah swn ~fauaid a
~n ~xaa Nwr~of. dwll oontain th~ uswl uand+rd n+ortpa9e~ daw~ a wch ahK daus~ a tM Matp~ m+Y ~+4~ir~ m~kfnp thi low wd~r s+id po1F
c~a+. ~ad~ and ~wry, paY~bl~ 1o said MORTGAGEE as its inte~est may app~~, ~nd NcA ~nd ~vKy sueh poliey ~MII b~ pronepNy qs+qeed ~ed dNM?~d b
~r+y Mld bp s~W MORTGAGEE a funMr wcwiry to s~td morpa~ debt. a+~d. not l~s~ than ~~n (10) days in ~dvanc~ of th~ ~apir~tan of Nch P~k1l. lo da
IivM to Nid MORiGAGEE ~ nmwal Hwnof. k~petM~ .with a ~at~ipl fot tM p~miwn of wch r~w~li ~nd th~ ~MII M oo fin w windstam iotw~na
pl.c.d an ~ny of said bvil~, ~ny inta.at Nwr~+n or put tMreof, vnless in ~Fw fonn and with tM loss pay~ ~~for~saWt and in tFr ~wM iny wn+
of moMy bseonw~ payaW~ u~~ urch polky a policl~s ~aid MORTGAGEE shall hav~ tM option ro noeiw and apply th~ s~rw an ~caount of tlie Ind~btd~
r»u wcw~d hK~by w b pumit s~id MORTGAGORS ro receiw u~d u~e N a+~y part tMreof fw other pueposn„ w;thout thxeb~ waivinp a imp~ir
~++fl .~y p~ih. ~i~n a ri~t w~ ar by vtrtw of ~his mwtpap~j aod in rhe ~v«?t said MORTWIGORS ~MII fa ~r nawa f~il w kMp th~ wtd pnmiw w
iruur~d, a bil W d~lh~ P~~P~b ~Y of s~fd policies ot inwranu ta u1d MORTGAGEE. a f~il P~~P~h? ~o WY ~hl ~+Y P~~mium th~nfor a In ~ny
?.,p.et fW a w?fwn~, daeh.rw. .,c.an., •ff.et. aonw~.~.. eomply w~~h and .b~d. by tiw aova+.eM, or «w pare Iwwf, ubd MORTGJ?GEE ~nar p~.o? ~nd
wr fa wd~ traw~ w any part tMnof withou~ w~ivinp o~ ~ff~ctinp +n~? optiw~. • IiM. +4~itb. or ripla wnlK a by vktu~ d tNs Md tl+e
Mortpap~.
full ~mwxM of ~ach aod w~ry wch paynwnt still b~ ;mmedwte~y dw ~nd piyaW~ ~nd sh~ll bear intKat han th~ d~t~ ttwrwf w+tU paid ~t tM nN ot
n~n~ pu antwn p~ annum and toy~tMr witA wch intae~t shall be s~cvrtd by t!w tia~ of tAis morp+~w
To ~ emredt a suFf~r no was1~. Mnp+lrment w deteriowYan of said prop~rty or a~ryr put tMnof.
S. To p~y ~II aod sMgulr th~ costs, charp~s +~+d expe~wa, indudirg a roawMbk~ ar~wne¢s fe~ and oab d abatr~ri of titl~, MKw~~d a p~W at
any tirr~ by ~aid /MpRTCsAGEE, baavw w in tl+~ w~?t of tl+e failwe on th~ put d tM s~id IkORTGAGCR fo duly. promptly and fvHy pKfany dncA~rpR
axecvn, sfhcr, aompl~M, aomply with and ~brd~ bp ~ach ind every ttK st~w,l+t~«w +~~n~s. conditions. ~nd aoven~nn of uid pranis~o~y not~ ~nd *ha
mo.roW~ +inY ar ~i~hM, and said oosts. char0~s ~nd ~xpensea, ~ach +nd rw?Y. shall be imen~diately dw ~nd p~Y+bbr wMther a not tMn b~ notia d~
mand. ~tt~mpt to aoll~q p wN pp~dinpi ~nd th~ {vll ~rtw~nt of s~ch ~nd ewry wch payen~nt aMll bear inf~rqt fran th~ d~b N»rwf wNil paW at tM
rate of oin~ p~r pntum p~r anmpry uid ~tl sa?d cosri, tharyes and exp~ns~s incwhd or p~id, to~ttMt with ~ch inNnaf. shall b~ wou?~d by tM IMn of thN
"'ortp+~,
6. 7Mt in th~ w~nt of any 6r~seh of tNs Morrps~ or dsfwtt on tM part of th~ MORTGAGOI~ w"(b) tn !Iw ~we~t r?y of ~aid wna of mon~y
hsr~tn nhrr~d ro b~ not yromptly and fully p~id wi~hin ~hi.ty (30) days nexf aficr the same ~eve~alty b~can~ dw and payabl~. wlthout d~m~nd or notiq.
or tn the wMt ~sch a~d ewry tt+~ sHpulatioro, preemenb, cond~tions and cowMnn of aid PromiswrY na~ and this maipsp~ ~ny a NMw~ ~n nol
~uly, prompNy ~nd fully p~rformsd, di~dNrped, execvted, effected, compl~teyl, tpnplied with Md sbidsd by, th~n M~itMe at ~ny suth weM th~ wW a~
flrp~t~ wm t~a?tia»d In s+k! p?anis~o~y not~ then remainirg unpaid. w;th interest xcrwd, and all nwn~ya ~ound. Mnby. ~hall Mcon~ dw and p~r
abl~ fonlwrhly or tMrNftn, ~t tM option of said AAORTGAGEE, u fully and completely as if a!1 oi the said ~w~s of mon~y wer~ aiptnally ~tipubt~d
to b~ p~id on wth daY, anytNn~ in ssid promissory note or in this Matyape ro the tontrary ~wtwitMt~ndinp~ ~nd tlwnupa~ or thKNftN ~t tM option of
aaid MORTGAGEE, withouf notia or d~m~nd~ wit at Isw o~ in equity, thereforo or thsreaher bp~r4 nwr b~ prawow~d p If ill morwys Npir~d h~nby
f+ai! m~tw~d ptlot to ita Iewtitutia~
7. ihat in th~ ~wnt tfiat tl eh~ b~inniny of or ~t ~ny time pendirg sny wit upoe this Mwty~, at 1o fondw~ h, o~ W nfo~n M. a b a~fap
psyment-of ~ny daina hw~w~dsr~ s~id MpRTGAGEE sh~ll spply to rhe Co~r~ h~ving ju.isd~ction thenof fa tM appoiMm~m of a R~olivM, wd~ Cowt sMll
Fo.rhwith ~ppoint +I nceNa of ~ morty+ped PraPer?Y al! and sirgvler, includug all and .ingvlu tM ineorM. profifs. Wws and nwnu~s from whNwK
aou,c~ dNiw~, ~ach ~nd ~w~y wli~fy it be'ug expreuty unders~ood. is hereby mwtgaged a if specifiully set fath aed dNaib~d tn thi ~nnt a~d
hab~ndw~ daus~a Iwwf. ~nd sud+ R~aiv+r sMll Mve ~II the b.oad ~nd ei(ecrive functions and powen irt aeywiN Mtnut~d by a Courl p a R~wlw
, and ~
:~ch appointm~M ~h~lt b~ made by wch Court as ~n ~dmitted eqvity ~nd a m~tte~ of absolute r'gAt b said MORTGAGEE, and without rtf~ to th~ ~
sdequ~cy w iMd~qwey of th~ v~tw of th~ P~~b ~9+9~ or to the wivency o~ insolwncy of s~id MORTGAGOR a tM drf~ndsnM, and that wch I
renn. Profit+, inown~, h~ws a~d rewnws ~nsll be applied by such Receiver acoordinp to fhe lie~ o~ puity of ~id MORTGAGEE and tht pactia of wch ~
Court. ;
9. to duly, prompty and ivlh parfom+. d'acharo~. ex«we, eHect. carwkt~, oanpiy y,rith ~nd ab«b by wd~ and ewry th~ stiput+tiaw pt~nq.
condifbns and tov~nants in s~id promt~sory rqro and th+s mortyaQs set forth. ' .
9. Thit in f!~ w~M the ownwship d ths mortpsped premises, e? aiY P+rt tFiereof, becan~s vesMd in i pK~on otha thsn tht MORTGAGOR, th~
140RTGAGEE, ks wcp~so~s and w;p,~s, m~y, without notica to the MORTGAOR, deal with svch succ~sw or ~op~sor in imerpt with i~f~nnq to ihb
mort~p~ ~nd th~ dtb~ hKebr s~tur~d in the ssms mame~ as with Mortgagor without in any way vHist&p or doch~pinp th~ Mottpappr~' (bbilHy hK~
under or upon th~ d~bt 1w~by aawred. P1o s~te of the premisea hereby mortgaged snd no fab~ar~na on tM put of tlw MORTGAGEE or i» wooason
or euiQns and n~ ~xt~nsion af rh~ time fw rhe psymenr of rhe debr Ix.eby secured yiwn b~r tfK MORTGAGEE a ita wooason or a~sipn~„ shall opuaM
ro rekaf~ discha?p~, modify ~ a~Hect ths wiyin~l lisbiliy of ths IWORTG/1GOR henin, ~ither ie~ wMb or b pa~t.
10. It b specifiully pned that tim~ is of the esseoce of rha co~mact a~d thit no walvM of ~ny oblipatan ha~w~der or of th~ oblip~tion ~
cur~d Mnby ah~ll at any tirrN thueah~? M held ro be ~ waiver of ths ternu hereof a of tfw krtnMneM sacutid Iw~by.
11. In addition to the fore~o:ng monthly payme~fs of princ:pal a~d i~te?cst requ'ued by the promiswrY rqfe ~ecured herepy, mottQapo~ covrnsMS ,
and ~grNS ro paY ro nwrtp~ee with ead~ manthlY paYment an add~tiwwl sum atimated by mwtpapee to b~ eq~r+l te 1/12 of-the aniwa) tost of th~ follow- 3
ing:
A-All rs~l property tsxes I~vied or ~steysed ayainst the above described real ptate.
d-Premivms oe? fin~ and wtndstorm inwranae as here~n requ~red to be carried on the ;mprovsm~nb sitwt~ on tM abow described premiNS.
C-Premiums on wch mort9ape pwnnty imur~nce as mortgagee shall from t~me to time deem fit fo urty on th~ Iwn seturet! hsnby }
Morty~pe~ thall from time to time notify mortgagor ;n writ~ng of the amount due and payabk he?eurder and sud+ wm sh+ll iherwpon b~ du~ ~nd
payabte on the due date of tM next monthly payrnent and each svccessive month thereaher unNl mortyagee sha!! notify mortgagor of s d~anp~ fn such ;
amount. Svcl~ surr~s aFyll b~ ~pplied by mortyagee toward t1~e payment of real property taxes, inwru~te pemivms, atx! mprtp~ps yuar~My ~ur~nce !
premiurtq. '
IN WITNESS WHEREOf, tt~ s~id IY{ORT6AGOR has hereunro set ha hand and sea! the day ifor
~nd h th~ presena of: ~
~ ' a 1 ns Jr. ~ .
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STATE OF FLpRIDA ~ E
St• LuCie ~ ' ~
counm of
~e+«~. m. p..,an.:h,.pp..i.d Ray Collins, Jr. ~ i
Phar sene Colline ' ~„~,;fe, ~p ~ 1111e~~ k„own to n„~ to b~ ~
rhe 3ndividwb dewibd in and who ~xewted the forayoirg instrum~nt, and adcnow1ed~d b~fore m~ tlwt they e~cecuted the sarn~ for th~ purpoa~ ,
rherein ~xpnsNd. And t!w ta:d Pharisene C011~.218 I
. ,
W~re ~ ..~a Ra~v ~ol 7 i nq . Jr. . . w«~ . ,.p...re «,a ~.a ~
examination bp me taken ssparit~ and apart from t~er said husband, aciuawledged w~nd betwe me that aM exearted said irotrumant'~re~ly and vokro-
rarily ~nd withaA aeY ooenp~lsiw+, ooratraint. +PPrehsnsion, « feu of a from hsr ssid iNnband. ~
wmrESS mr 1?.~a .nd offki.~ .1~ 9 th ~
d+Y ~ A. 0. i9~
_ ~ry Publit in and for th~ Sfat~ of Florida N Lv~
R~twn Ta .....,:,,r My:Co~xn~ssan SUt! 0~ ~Ofj~i
fint F~al S~vinpf i Loan Attoti~tion . ~ ~ ~
..~;R:::;. ~ ~ s MIl? Cow~issioo E:pires S~pt. 23 196!
Pitroe. ~ ` : 1a~~
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CL~RK C1RCt/l ~Res
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