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To plau and contin~ously keap on the buitdirgs oow or herwfie? Wtuab on aid land snd on dl puipn»M and p~naylly oovsnd b1? this mo~~
p~, with ~II p~~miuera tF~srton p~id in foll, fi~e insv~ance im tM usv+l sandard policy fan~ in a swn approwd b1l M~ MORiGAGEE, ~+d wlnd~torm
inw~arce in tM uswl ttud~rd pol~c~r form, in a swn ~pproved by th~ MORTGIIGEE. in wch canp~ny ot oompaRi~a a 1M MORTW~GEE nwy
directl and ~II fir~ ud wiewhwrm iniurano~ poficies on u+y of said buiWiop~. ~ny inM~st tMr~in or part tMrwf, in tlw ppnp+h ~wn ~faNaid w
in ~zas~ thereof, tMll contain tM usual sundsrd mortgagee clavse w wch al~ dauN a tM Morpap~ nwy nquin. makinp t1N {os+ a~ ~+id Poli'
cies, sath ud ~vtty. paY+bl~ ro s+id MORTGAGEE ~s in inlerest rn~y sppea~. and ~ach ~nd ~vNy wd~ policy ~MII b~ pranptly aa~d N+d d~liw?~d to
+ny MW by said MORIGAGEE ~s funher iecurity to s~id mortpsp~ debt, and, not I~sa tMn t~n (10) d+1rs 1n +dv~na of th~ ~xpir~tion of Nch polic~I, to d~
I~ver ro s+id MORTGAGEE a ra?ew~l therwf, ~o~e~M~ with a raceipt for the pr~miwn oi wch r~nsw~lj ~nd thut sh~ll be no fin w windsw.m in~wana
placed o~ any of said buildinps. ~ny interesl ths.ein or put thereoF, unleu in tFw form and with tM Ioa p+yabl~ as aforesaidi and in tM ~vent any ~we?
of moeey becon~st p~y~bl~ w~da~ wch policy w policiss said MORiGAGEE shatl Mw ~M optan to nceiw ~nd ~pply th~ s+rn~ on +caowN of th~ fnd~bt~d~
ness secv?ed htr~by or to pem+it said MORTGAGORS to ?tceiv~ ~nd uu N a any put thereof fw othe~ pwpwes, without tMrtb~ waivinp a anp~in
ir~y any puity. 1»n or rpht unde? or by. vinw of this mo:tpage; a+d in t}a tveet s~id MORTGAGORS th+ll fp? ~ny nawn fail w k~ep tM wid pnmis~s w
~nsured. o~ fail to deliver prompfly any of said policies of insur~~u to s+id MORTGAGEE, a bil pranptiyt lo p~Y fulty aoy pr~mium tl+K~ta ar in ~nr
rrspect fail b perioren, disch~rqe, execute. effact. complate. comply with u~d ~bid~ by this oov~n~nt. or ~ny put Mnof. said MORTG/1GEE m+y plao~ and
paY fw such k~wrano~ w ~ny put tl+Keof without waivirg w ~ff~ctkg any oplion, li~n, eqviry• w ~ipht undK a by virtw of thls Maq+p~. ~r+d d+t
fult smo~nt of each and ~wry wch payment sh~ll be imrnediatsly du~ and p+yabl~ u+d shall beu intKat fram fh~ d~M thenof until p~id ~t th~ rah ol
niree per ceotum psr ~nnum and togetF?er with such interat ihall be secured by the 1'~M of this nwrfpap~.
1. To pKmit, aommit or wffer no wut~, imp~im~er?t or deteriaatan of s~id propKty w ~ny put tMrwf. -
S. To psy sll snd shgulx ths cos», charpes ~nd expenses, inclvdinp • roasoMble attorn~y's fs~ and aosri of abstr+cls of titl~. M~awr~d a paid N
any time by said MORTGAGEE, because a in the event of the failwe on the put of th~ wid MORTW?GOR w duly, pron+ptly aed f~+~h pKfo?n1. dixFwrq~
execute, effect, complet~, comply w~th and abtde by each snd every tha stipula~ioe?~ apreemenn, ca+ditian, and aowMnn of said praniuory ~ and tha
mortgaye any or eithe~. and said costs, charges and eapenses. esch and ewry. ah+ll b~ immediat~ly dw ~nd p~y~t wMrher a na N~~ b~ notia d?
mand, ~ttanpt to colletl a wit pend~ngj and the fvll amount of each ~nd every wd~ payment shall besr in»nst from tl+~ dat~ N»reof w~til p~id at tM
rate of nint per centum per aruwm; and all iaid costs, chuges and expenses incwrsd p pskl, Mgether with ~uth Int~tMt, ~MI) b~ Ncw~d by 1M li~n Of tN~
mortpay~. .
6. That (a) in the event of any breach of this Mortgag~ w default on the part of tM MORTGAGOR, a. (b) M tM twnl anr of Nid wna of ~wewy
herein refarred to be not promptly and ivlly paid within thirty (30) days nex~ ~f~e. the sa~ne ~ver~ly b~can~ dw and payabl~, wirhow dNnu+d a notia.
or (c) in ths event each and every the stipulations, agreemenn, condttions and coven~NS of satd promifsorr not~ ~nd th~s nwrt~p~ any or NtMr an nol
iuly, promptly and fully performed. discharged. executed, effected, compkted, complied with a~d ~bided by. t1Mn in eitMr w any wcA ~wnt tl» s+W ~p
gregate wm mcntaned in said promissory note then remaining unpaid, with interest stuued, and all moeeys s~cvnd. he?~by, sMll Mown~ dw and pay~
able fwthwith~ q tFllfNNN. ~t the option of said MORTGAGEE, as f~lly ard compktely ~s if a~l of tM said su~ of enort~y vwn orpinNly ~tipulated
to be paid on suth day. anything in said promiuory note or in thia Mo~rtgage to the contrary notwithst~+dinpj ~nd tMr~u~wn ot tlw~aftK H tM oplion of
said MORTGAGEE, without notice or dtma~d, wit at Iaw ot in equity, tF~efore or thetsaher bey~n, mar b~ proMCVt~d n if d) mOeNy~ Mwnd lNnby
had matured priw to its instifution. . ~
7. That in ths event that at the beginning of or st any time pe~ding any wit ~pon this Morty+y~, a to ~ohclat M, w fo r~fonn h, w fo ~nfwp
payment of ~ny claims hereunder, said MORTGAGEE sMll apply to N+e Court having juritdictan thtnof fw t!N ~ppoint+n~nt Of ~ RKeivN, wd~ Court ~MII
forthw~th appoint s receiver of saij! mortgaged property all and singular, includ~ng all snd sinpvlar th~ incan~, profia, bsw~ and nwnws fran whatwa
source derived, each and every of which, it being exprasly unders~ood, is hereby mortgaged as if sp~cifiully sN ferth and d~wib~d in thi prantkp ~nd
habendum dauxs hereof, snd wch Receiver shall havr all the Ixwd snd effective funtlions and powen in anywis~ ~t~d by a Courf p~ RK~ivM. and ~
such appoi~tment shall be made by such Court as an admitted eqviq ~od ~ msttet of •bsolut~ rigAt to Nid MORTGAGEE, ~nd without nfN~nt~ to th~
adequacy or inadequacy of the value of the p?opery mort9aged or to the sotvency w insolventy of said MORTGAGOR or ths d~fa~d~nt~„ and that tuch
reN3, profin, income, iuves and revenues shall be applied by such Receiver xcordinp to tM lia~ a puity of wid MORTGAGEE and th~ pnttio~ of wch - ~
Court. R
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S. To duty, promptly and fvlly perform, discharge, execute, effect, tomplete, tomply with ~nd ~bFds by ~i Nd ~v~ry /M ttip~lationr, ~ptNtnaN~,
cond~tions and covenants in said promissory note and this mortgsge fet fwth. ' .
9. TMt in the event the ownership of the mortgsyed p?emises, or any psrt thereof, beaanes wshd in • p~twn other tMn th~ JMORTGAGOR, tIN
MQRTvAGEE, its iucceuon and auigns, msy, without ratice to ~he NIORTGAOR, deal with such wouswr or ~asor in iMerat with nf~tarce to tha
mortgsge and the drbt hereby secured in the aame manner ~s with Mortgagor without in any way vitiatin~ or dqtMryinp th~ Mortp~y0ts' Wbility h~rf
under or upon the debt hereby secured. No sate of the Frem~ses hrreby mortg~ged ~nd no fab~arann on th~ p~rt of the MORTGAGEE a i» svaeswn j
or assigns and no exfensio~ of the time fa the payment of fhe debt hereby secured 9iven by the MORTGACsEE or its sucas~oa or aipns„ ah~l) op~rat~ +
ro release, discharge, modify change w affect the orginal liability of the NWRTGAGOR her~in, ~ither in wlwlt or tn put.
10. It is specifically agreed that time ia of the cssence oi this contract and that no waiwr of ~ny oblip~tion hsreunder ot of th~ oblipation M~ '
cured Fxreby shall at any time thereafter be held to be a waiver of the terms heraof or of the instrwnsnt searnd Mrby.
11. In addition to the (wego:ng monthly payments of princ:pal and inte~est required by the prQmissory nole secwed henby, morfp~por oown~nb •
and agrees to pay to mortgagee with each monthly payment an add~tional sum estimated by mortysgee fo b~ eqv~) t0 1~14 of tM amud tost of th~ fdlow-
ing:
A-All real property taxes levied or asseszed against the above desaibed real estate.
B-Premiums on fire and windstorm insurance as Ixrein requ~red to be urried on the improvement~ sitvaf~ on fhe above detvibed pnm4p.
C-Premiums on such mortgage gwranty insurar,ce as mortgagee shall from time to Yune deem fil to ca?ry on fhe ban ~ecvrsd Iwrlby.
Mo+tgagee shatl from time ro time notify morrgagw in writing of the amounf due and payable hlreuodlr ~nd auth sum sMll Thtrlupon b~ du! ~nd
Fayable on the due date of the next monthly payment and each successive month thereaher until mortgsgee shall ratify mortyagw of • charp~ tn such
amo~nt. Such sums shall be applied by mortgagee toward the payment of real property t~xes, inwrante premivmt, and matyap~ pwr~My insw~rw
Y p~erniums.
j IN WITNESS WHEREOF, the ssid MORTGAGOR has hereumo set his hand and ual the day and fkst ~fora~W.
~ igned, Sea and del" in ihe ~
presence of:
i
~ ~n
~
~ re.,q ~
_ rs~.n
~
STATE OF fIORIDA ~ ~ - '
couNnr oF St ~ Luci e
Befote ms peno~ally appea?ed C e ei 1 Sturruv
GeorQia Sturrup wif~, ene kn,wn ,nd kno~„, „ m. fo b.
the individwb desuibed in and who executed the fors9oirg instrumsnt, and ~cknawkdged before m~ tMt tMy ~xecuted tM asrn~ for th~ purpw~s
!herein e~.~d. n~a rh. ~~a Georgia Sturrup
wife of ihe ~~a _ C e ei 1 Sturrup - -
. upon a sapawt~ and privatt
~ e=amcnaYan by me taken separate and apart from Mer said h~rsband, acfuwwledged to and before me that sh~ executed s~id i~utrument fruly ud volw~-
ra;ily and without any compvlsion, constraint, apprehensiQ4+ gr fear of w from F~er said huiband.
~
~ WITNESS my hsnd and official sesl thia ~i day of Jun A. D. 19
~
~ Not~ry Pub' fo? ths Stste of fbrid~ ~t lu~
µy .~..s:
ae+u.n to: . .
Fint Fsdenl Saving~ 3 Loan AssociaYan ~~`t:i~~ NOtary Publ'C. 9ta4a ot T4orfde st Luge
Of Fort P~erce_ `..~~~~~Q~-:` ~~i~~ ~ h1y Commission Expins Aug. 6, I067
FOrt Piltte. Florida • G~~~~~•Nh~~~~ LG~~•,. 8onded Bx Am~ftCAfl ~UfB~ ~Oa fl[ i
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. ~ ; _-1~- • m ; ~ ' FIlEO AND RECORDED :
O' J-~;~o_ . ST. LUCIE COUNTY. FLA.
, ~ 2.; Q : . _ _ RECORO ERIF! D
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<l a~K166 ~2355 :~~,~z : ~
_~s';:..,q - - - CLEkK CIRC~i~ ~:~URT
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