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To plaa aed aonthuou~lY kMp on tM buildi~qs now or lw.~+ha WtuaN oa wW land snd on all ~quip~~wM ~nd p~rwnally oov~r~d b'f? Mis ^ar~0' 4
.ow wi~h .~i a•~aw~s rM..oe P+d ~ fui4 f~.. t~awanc~ in ~M uswl sui+dard policy Iorn~. in a twe appcowd by tM MARiGAGEE. ~nd wind~wnn F
Max~na M tM u~wl ~tw~dKd polity fonn. M• wm approwd by tAe MOR~GAGEE. in wd~ aoMP+~Y w aompaniN at th~ MORTGA~3EE nuy
dlncrt ~nd ~N fin ~nd windiwnn inswana pdicies on any of uid buiWi~ya, M+y inNnN ti~uein or pat tlw~of, M tM ~ppnpab wn~ aiaNaid o~ ~
in ~xaa tMnof. ~II contatn th~ wwl s~ardard mort9agee daus~ a sud+ ah~? clws~ a th~ Mat9+pN in+Y nquin. i*+kkq tht loat w~ wid Po1F 1
clN. Nch u+d wMy. PaY+W~ to uId MORTQrAGEE ~s ib Interest may app~ar. srd ~ach and ~wry wch po~ic1? ~MII M p~o~np~b ~u~On~d and ~liwt~d W _ ~
,~ny Mld by uid MORTGAGEE u fwtha t~cv~ity to wW mort~+~ debt, u~d, na Mss thsn t~n l10) days tn advana of th~ ~xpfr~tion ot Nch po~kll. to d? ~
I1vM ro wid MORTGAGEE • rw+ewal tMrwf. top~~ha with a rauipt for the pr~miwn of wch ~Kwwali ~nd tlNn sMll b~ no Pu~ a winditan~ Maw~na
plaad on any of aid bvild~p~, any intu~st ~~in a put ~he.eof, unleu in ~Ik fo?m and wi~h tM loa p~y~bN a~fw~s+idt and h tM ~v~M aMr twn
of nan~y b~c,o,nK p~yaW~ w,cMr such policy e. pol;a~s s~id MORTGAGEE shall Mw tM oprio~ fo naiw ~nd ~pply the wm on iaow?t d tM k~d~bt~ i.
na~ Ncw~d Mnby a w pa~lt s~W MORTGAGORS ro nceiw ~nd us~ it or aey pat tMreof fw o~her p4rposas, wi~hout tMrsby waivinp a impak- ~
k+p anY ,puitp. li~n a ripht wKla or by virh~ of this mortpap~: u~d in tM ~vent s~id MORTGJ~GORS shall for nawn i~il to kNp th~ s+id pnmi~ a
insw+d. a btl to ddiwr P~~N ~Y of ~ald polioi~s of c~swa?+c. a aw ~TC~?c~~. w f.~i ~?y a P.r fi+~N +~r w•~+~~n rn...ro. a M a~y :
n~qcf fail b patw~, dixlwry~. ~xewf~. ~ffM. coenplNe. aanplY wirh and abid~ by this aowo+M. a any pkf Iwnof. ~id MQRTGAGEE m+Y Plaa and ~
ar fa wd+ uaw.~c. o~ .~+r P.n ~»..oF wiMow waivinp a sffec+irp ~ny option. ~i~n. pvib. a ripM w~ w by virtw of this Nb.tp+p~. aed tM ~
ivll amount of ~ and twry wd~ p~Y~~ sh+ll bt hrMdiat~y du~ and p~yabl~ ~nd sh+ll bt~r htuat han th~ dab tMaof untU p+ld ~t tM wN ot ;
nin~ pK amum pn aerw,m and to~tMr with u,ch inrerest shsll be sacund by rh~ lien of this ma~pap~. ~
1. To p~tmit, aomait or wff~r no wast~, 1mp+wm~nt a deterior~tan of sak! prop~rry a~ny part tMr~of.
S. To pay all aid skqular f(» oosts. dwrp~a and ~apa+~es, includ'u+p a reuo~sbl~ aHOrney's fN ~nd aosb of abatr~ds ~ Ntl~. incwr~d or p~W N
any tin~ by s~id MORTGJIGEE, b~au~ a in the ~wet of ~he failur~ on tM pa+t of th~ wid 1NORTGAGOR ~o duy. promptly ~nd fi+lb PKforn~. ~ch~
~x~cvt~. ~fht1. compl~~~. aomPb with and ~bid~ by ~sch aod every the stipu~~tioes, apreamsnn. conditiorr. u~d aowo+nts of ~aid promiiwry noa ~nd thi~ j
uiy or ~irMr. ~nd Nkl aoaf~,. dwyss aod expenses, e~ch and tvery. sMll b~ i~nrrNdiat~ly dw and pay~bl~t wMtMr w nof tMr~ b~ rwt~a dr ~
enan i~tt~mpt to aolbet or wll p~ndn~ a~d tM ivll amount of each uid awry such p+ymer?t sh~ll beu int~nst han t1» d~t~ th~nof uMil p+W N th~
rate of nir» pa aMum pa amwA; ~ed ~II said costa, chsr~s and expens~s intwnd or paid, ~op~ther with wch k~taeat. sha11 b~ Mau~d b~? tl~ lia~ of Mi~ -
marps~.
6. fi~it W in tht went of any br~ach of Nw Morty~ps a default on th~ ps~t of the MORTGAGOR, o~ (b) in th~ ~wn1 any of uid wnr of naMy
hKNn hhrt~d 1o b~ not promptly u~d fvlFp paid within Ihirty (30) days next aher tl» same severally b~conw du~ ~nd pay~blt. witF~oul d«mnd w ootia.
o? W In tM w~nr ~ad~ aid ewry tFw stipulatioro„ ~yreemenn. conditions and cown~nn of said promiisay not~ and this e?ortp~p~ ~ny a~i~Mr an nol
iuN. P~~^W~Y +~d fuly p~rfam~d, d'ach+rped, exea,ted. ~ffected. compl~ted, com~~ed wiM a~d abided dy. Nwn tn ~itMr or ~r sach wMr th~ s~ld p~
prpat~ wm e~rion~d in s~id promissory ~or~ thcn rem~inirg unpaid. wirh ioter~st ~cuued, ~nd a11 n+on~ys Mcvnd. Mr~b~?. ~II b~ooeN dw Md p~Y
~bl~ forthwith, a t1+KNfnr, at tM opYan of ~aid MORTGAGEE, as fvlly and canplet~ly ~s if aIl of the wid swes of maNy w~n a~pM~llp atipul~t~d
ro b~ p~id on such d+y. snytA4~p in sa~d p.omwiay aote or in th~s Morr9aye ro the conuary nwwitM~«+d~+ps +nd tlwr~upon w M~.aafnr at th~ option of
~aid MORTaA~3EE, witho~t notia or d~maod, wit ~t taw or in eqvity, therafwe or thKeah~r bepw~, nwy bt proNCVbd a If all eeontys Naxd h~nb~r
had m.tw.d prwr ro in i,utihnion.
7. That tn N+. .wm that ~t th. b.9innirg of or at ~,y tin?s pendi~g sny wit upon rhis Mort9.p., « to tor~do.. h, or w nfo.m k, a to .nfo.a.
paym~nt of ,~ny d~ina A~nundN, s~d MORTGAGEE sM11 spply to the ~ov.r Mving jwisd~nion lhenof fo~ tM ~ppointnwet of ~ R~c~iwr. wch Court shsl~
foHhwNh appoinl 1 no~ivM of u moHp~ped property all and sugulu, incl~d~ny al) ~nd sinpular 1M incom~. profiri, IswN and nwnw! fran wh~t~vM (
wura d~riwd. ~ach and ~wry ~whid~, it beinp acp.essly underuood. is Mreby mortgaged ~s if apscifiully s~t fo.th u~d J~wib~d N thi ~antinp and '
Mba~d~m dawa Iw~of. ~nd wch Rsniwr sh~ll h~ve ~II the broad snd effenive funa~an and powen in ~nywis~ ~ntruq~d bfr ~ Cowt p a R~a1wr. +nd
such appointm~nt ~hall b~ rtwJ~ by wch Cowt u an admitted equity a~d a matter of ~bsolvt~ ripht to said MOR?GAGEE, a~d without nf~r«?oe fo th~
a~Nquacy a M+ad~qwty of tM v~lw of th~ property mwtgs~ed or to the wNency or insolv~ncy of s~id MORTGAGOR a tM d~f~nd+ntt„ and that wch
nr?t~. Profiri, inoonw. 4twi ~nd n~
eows sh~ll b~ applied by wd~ Receiver accwdinp b tF~e lien or pvity of Mid IWORTCsJ1GEE .and fh~ pfr+ttio~ of wch
Court. .
8. To duly. P+anPtly and fu1~Y PKfom+. d~schuye, execute. effect, oomplete, oomplY with snd abiel~ by wd~ and ev~y th~ stipulifbm. ~p?~emn1~.
cand'Aiont and oovenama in said promissory oot~ arwl this mortys~e set forti?. ~
9. That in th~ ewM tM ornwrship of the mortgsped premiaes. or +riY Put tFmreof, becanes v~st~d b a pKSOn otl~ th~n th~ MORTGAGO~, th~
MORTGAGfE, ils uucsafors and usipns, m~y, withan notice to the MORTGAOR, desl with sv:h woaaor or wooa~or in iM~nq witA refK~na b thb
rnortpap~ and tM d~bt Mroby s~cvr~d in the s~rt~e manner u with Mwtgsgor without in any w~y vitiatirg a ~~+?~inp th~ Morp~aa' U~bfliry Mn~
undK w upon tM d~M hereby iec~red. No s~le of the premises hereby mo.tgaged and oo forb~ar~na on the part of tM MORTGAGEE a iM woo~sson
or ~ssipm and no ~xten:ion of tM time fo. tha paymenf of the deb~ hereby secured 9iwn by tFw MORTGAGEE or in wcasson or asiqn~, ~Mtl op~wq
ro~aw..disd~up~, modiiy charg~ a affect the wiginal liability of the MORTGAGOR hKeir~, either in wlwb or in pat. _
10. It b spacifically aQreed that Y~me is of the essence of this contract ~nd that eo waiwr of any oblipaYan hawnd~r or of th~ oblip~tion tt •
ound Iwnby ih~ll at a~r tim~ thereafier be held to be a waiver of the terms herwf or of th~ iratrument seax~ Mrby.
11. In addition ro the fongo:ng monrhly payments of princ:pal and inreresr required by the pran'wwry note sscvr~d hereby, morty+por aown~nM
snd ~pras to qy to mortyapa~ with exh ma+thly paYment sn sdd~rionsl sum esumaqd bY mortya9ee ro b~ pwl 10 1/1Z of th~ annw) coat of th~ follow- .
irg: - `
A-All real propery taxes kvied or assessed ag~inst fhe above described real estate. i
B-Prertiiumt on fire and windttotm insvnnte ss herein req~~red to be carried on the irnprov~wnlf situat~ o~ tF~e ~bove d~sctibd prunaM. ~
carry a+ tFr Iwn ~ewrad hereby. f
C-Premiums on such mortyapt puu~nty inwrance as mortgagce shall from time to time dean fit to ~
~f
Mwt~spee shall from time to time notify mortgagor in writi~g of the amount due and payable hare~ndet and wch wm shall tMrwpon b~ du~ and
payabl~ on fhe dw d~te of the ~ext monthly payment and each successive month thereafter until mortyapee sMll notify morfgagor of ~ dwnp~ in wch F
amount. Such wms shall be ~pplied by mwtgagee toward the payment of real property taxes, inwrance premiw~a, ~r?d matyap~ ywr~My inwnrw €
pnroiurtw. _ ~
IN WITNESS VYHEREOF, th~ said MORTGAGOR has hereunto xt his hand snd seal th~ d~y and fkp ~ id.
and dd ~d ' pr of: OBZ ~ ~
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eel~ f
STATE OF fLORIDA _ _ ~
3 u ~ '
cour~n oF ~
e.fo.. n» P.noo.Or .pp...~d s ' ~d a• +
• 11 u ,p~s ~~PaoII, ~
davibed h and who ~x~our.d rhs f«.yoiny irutrumsnr, and acknowl~d~~d b.fon m~ th~t Mry •~san«! the ~+nr f« th~ pu~paei
• son #
wl~-o~+h.
wid H • ~ • upoe ...p...h .na prw.»
examination b~r m~ q ~ep~wte ~p~rt r her ssid husbapd, scknowledQed to ~nd bsfon me th~t s!a execvted s~W irotrw~wm frNf~/ and volurf 1
~uily and withovt +np oo^pulsion, eorotr~im, sppreFiansion, oe~r o# or from har s~id Fwsband.
11YITNE55 my hsnd and oFfkial seal th~
day of A. D. 19_~.
_
• Noury Public in a~d for th~ Stat~ of Florid~ at Larp~
MY Conwnasio~ expireu .
Ret~rn Ta rjp~ry Pubiic. $tete al f~Or.di at La?9e
~~.d..+i s+~, a~ w.~+t~ FILEO AND RECORDED
ot Fon PK~~. ST. LUCIE COUNTY, FLA. 1~Ily Commission Fa~Pues NOr. 3, N69
~hd 6y Aw:un c...a~~eArf~: ~
r~ vk+~. F~«~d+ RECORD VERIFIED ,~,,,1gp~~''~,:~
I~~~JrJ ' ~
~ '61 J~Jt; 15 PM 3 : 19 . . : .
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. ' .,:.i't i•01ir~.~S , ,
CLERK CIfi~U17 COURT ~%,~j;•...., ' ~
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~ - : eoox 166 PACE2~~5 . 1
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