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a. To pl~ ~nd aontirw+oz~h? kNP on fM buitdinpt now or h~rtah~t uwat~ on said land snd on dl pulpmNM ~nd PMSatdN oovand bY thit mo~q~
~p~. with sH pr«niwn~ Mareon p+id in fu11, fin insuru~c~ in ~M vwal itu~dard polky fonn, in ~ swn +pprowd by tM MORTGAGEE. ~nd windttorm
k+surana In tl» wwl atandard poL'cy fa~n, In ~ wm ~pprov~d by tM MORTGAGEE. M wch ccmP~^Y a con^P+^ia a~ tM MORTGAGEE nwy
dir.nj ~nd ~II fln ~nd winduone kauru~a polkies on u~y of MkI bYildiff~t. N1y ifNNllt 1lMftkl 01 ~ft tI1NWf, in th~ sp~p+~~ ~wn afora~W a
In acoNa N+e~rof, ~1w11 aont~In th~ uswl standard mortya~ clw~ o~ sucA aM. dauw rM Mor~y+g.~ m+Y nqvin. eukin0 th~ los+ u"'~' sa'd Pd~
clti. ~th and ~wrY. WYsbl~ b s~id MORiGACsEE as ib intaest m~y ~ppea~. ~nd esch ~nd ~vNY sud+ Peticy ~hall b~ pr«nptly ~ss:~Md ~nd del'~~d ro
any MW by ~aid MORTGAGEE a furtMr ~cwfil to said mortpsp~ ~ 4 and. ~ Ie~tMn~ f10~W++Y~ i^~ih~ sh~ll ~~nokf w~windsiwei~lnwr~na
liwr to s~id IIRORTGArsEE a r~wal tMnof. 1o~e hK with a nte~ for tM
plscad on any of ~aid bvild~np~ any Mta~st tMr~in or p+rt th~rwf. unkss in tM form ~rd with ti+~ loss paysbl~ u ~fonwidj and ln tM ~vMt uiy swn
of mw»y Mooina p~yaWe w+rMr wd~ po1M? o? policiws saW N10RTGAGEE shall h~w tM op~io~ ro r~iw and ~pply the swn~ on aocow+t of tM ind~bt~ ,
ness s~cw~d hK~by w to pK~oit ~aid MORTGAGORS ro receiw ~+d uf~ h a~ny part thereof ia other pwposes, wi~hout the.eb~ waivinp a m~pair-
~~9 +~Y ~b. li~n or ~iph~ ued.. o• by virn,. of rhis mo.t~ap.r and in ~h. •vem sa~d MORTGAGORS sM0 fw +nr r.a~on f•il ro ke+Q M. s+id p•~+++is.s w i
~roured, a fal) b d~liva promptly any of said polici~s of iiaur+~n ro s+id MORTGAGEF. or fail prore?pty to paY fully a~ry? p~emiwn thenfw a ie? any !
r~~p~ct fatl b pafonn, dis:h~rp~. uacut~ ~ff~ct, camPl~te. canPb with and ~bid~ by this aovawel. a ~ny p~r~ hKwft s+id MORTGAGEE ~n+y p~+c~ +nd `
P+Y fw wd? inwaiw~ a~ any Puf t1~~ t ah~ 11 b~ ~~~M dw~a~d p+y+bt~ and shal~~bNr intsr~ist fran tht dat~~thenof ~1 pa~W
a~t~tl~and tM j
4u11 amo~NN of Nth M~d twty WCh paym~o t
n~r» pN o~ntvm pu ~nrwm and top~ther with svd~ interest sMll be secund by th~ li~+~ of this mapap~.
1. To pamit, mnwntt or suff~r no wasf~, fmpiument a deteriowtion oE s~id prope.ty a~ +nY Wn tM?wf.
5. to p~y all ~nd ~M~pular 1M costs, cAwp~s a+d ~~p~n~, iodud'ap ~ reasooabls momey's fe~ +nd aosn of ~bstwcfs of titl~. 4KUn~d o~ paW N
any tien~ by wid MORTt~AGEE, b~cws~ or in th~ ~wnt of tM f~ilw~ on tM p+rt oi ~h~ s~id MORTGAGOR ~o duy. pr«nptM +nd fully p~rform, d'aeh+~t
oxm,t~, ~ff~tt, oompl~t~,, oomply with +nd ~bide btr ~ach +nd eve+Y tl+e stip~lations, preements, co~ditiom, +ew! oownann of said p~omiuwy no» u~d thW ~
mon9~W +~Y a titMr, and iaid ooaq. dwpe+ and ~xp~nses, each and every. shall be i~rrr~ediately due ~nd pay~ble: whethN w oot thsr~ b~ rariu d~
msnd. ~rnmpt to oolbcr a wlt pa+d'ug~ and tM full anwunt of ~ach and wery wch p+rme~~ ~i++ll bear in»r~~ han ~M dan tM.eof uetil p~W d tM ~
rare of nMN p~r arown pK annunt Md al! aaid aosn, chuges and expenses irKwred or paid. together with wd~ i~rMt. sh~tl b~ s~a+nd by th~ li~n of Nds ~
^+o~19s~. ;
6. ThN W ie tM ~wot of any bnach of this Mor+yape w def~ult an Nr part of the MORTGAGOR, a(b) in tM ~wnt any of s~~d wnn of eaney ,
her~In r~fwnd to b~ not pranptly and fully p~id wi~hin thirty (30) days next ~fre~ the same ieveratty b~corrw dw and payablt, without dKn~nd a notke. !
or (c) in Mn ewm ~ad~ and ~wry rh. sHpulario~a ay~esm.nn. conditions end cover?~nb of said promissory noa +nd th~s morrp+p~ ~ny a ~itM* an no1 i
iuiy, p?omptly and foly pKfamed, dixharped, ~xecuted, effected, compl~ted, canplied with ~nd abided by, then in ~itl~ w any wch waN tIN said ap~
preyat~ awn mN+tiaNd in uid proinissory not~ then remaininp vnpaid. with intereit acuuad. and all morNys secur~d. Mr~br. sh~ll b~aom~ dw a+d WI?~
~bi• forthwith, a tMreafta. at the option of said MORTGAGEE, u fulFy snd completety ~s if NI of the said swes of morNy vwn apM~lly atipulated
to b~ paid on wch dsy, snrMlnp in sa+d proma~ory noro or in thii Mortp+9e to th~ contrary notwi~hsundinps snd tMnupon a th~r~aha ~t tlw option of
said MORTCsAGEE, without notia w dem~nd, wit at law or in puity, the.efore or tharesh~r bayvn, n~y b~ prowcut~d +s if mu+~tY~ ~cutd I~r~b1?
had matvnd prior to ib institution. _
7. ThN 11~ th~ wMt tMt d tM b~yinntng of or at any t~me pend'og +ny wit upon thh Mwtys~e, or to fonclok k, or ro roform N, w to enfora~
paymant of aey d~lma Mt~urd~r. said MORTGAGEE sh+ll apply to the Coun h~vinp jurisdicrion thereof fw tM ~ppointm~nt of a R~iver, such CouN shall
forthwith ~ppoint s nc~ivN of sai~ mort~ed prop~rtY dl and singular, includmy ~II and sirgulsr the incorn~. pofits. istws and nv~nuet from whaTevN ~
wuru daiv~d, exh ~r?d ~wry o# wh~th, it beinp expressly underitood, is Mreby mortg+ged a if specifically set forth and dearib~d in thi prsntinp and ~
habendum dausa hereof, a~d such Receiv~r shall Mve ~It the brwd and effecrivs ivnct~or?s and pov+ers in anyvvise entrwted br ~ Court t~ ~ R~aivu. and t
~uch appolntmN+t ~II b~ rrwd~ by wch Court u+o admined equity ~nd a maner of ~bsolut~ ripAt ro said MORTGAGEE, and witlaw refenna to tM '
ad~quscy a in~d~qwcy of t!w v~lw of th~ property mortysged w to the wNency or insolvency of said MORTGAGOR or tM d~fendants, uid tMt wd~ ~
renra, profih. incane, hswf ~nd nvenues ~haU be applied by wch Receiver ~ccordinp to tM lien or puiry of ~id MORiGAGEE and tM practfa of such ;
~
Court. ,
,
8. To duly. promptly and fulty puform, d'nchuyt, execute, effect, oompkt~, complY with and abide by wch and wery tM stipul~tions, apn~wnt~„
conditio~s ard oown~nb in said promisaory note ~nd ~his mortype sst forth. ' " ,
9. Th~t in th~ w~M the owrnrship of th~ mortgped pramises, or ~nY P+~t the~eof, beco~nes wsted in a p~rwn othsr th~n the MORTCsAGOR, th~ s
MORTGAGEE, its woc~~wrs ~nd ~ssipns, m~y, whha+t notice to the MORTGAOR, deal with such sucussor or wcassor in ~:.a*~sf with f~fK~fK! 10 1I1j! ~
mortpay~ aid tly d~bt Mteby Ncwed h tM s~ms manner ~s with Mortgsgw without in aM? way vitiatkp or d'ncMr9inp the Mortq+~aa~ li~bility Frr~
under or ~pon tM d~bt Mreby secured. No s~k of the premises I+ereby mortgaged +nd no fwbearanos on the put of tM MORTGAGEE w hs wa~sso~s
or aai9m and no ~xtensan of tl+~ time fw tl+s p~ymem of the debt hereby secured given by Ihe MORTGAGEE or iri successors o? astipM, ~II opuat~
to nlease, disdurpe, nwdify ch~np~ or affect tbe originsl liab~lity of the MORTGAGOR haein, either in whole or in put.
10. It b apecifiully ~ned that t~me is of the euence of tha contwct and that no w~tve~ of any oblipaYan Mnwider a of ths oblip~tion w-
cured Mnby shall at any rim. ther~•he? be Meld ro be ~ wa~~er of *he rerms hcreof o~ of the iratrvmem senrnd Mrby. `
11. In additioR to ths forego:ng monthly payments of princ:pa) snd intereat required by the promissory note secured hereby, mwt~ayor aoven+MS }
and agr~s to p~y to mortyspee with each ma+thly p~yment an ~dditional sum estimated bymortgspee to be equ~l M 1/12 of the anrwal cost of the follow- i
~
ing: t
A-All rNl props?Iy tazes kvied or assessed aysinst the above dexribed real esute.
8-Pr~enivms on fin and windstorm inwrsnce as herein requ~red to be urricd on the improvemenri sitwte on the above described premis~s. ~
C-Prsmiumt on such morigsgs 9wranty irourance as mortgsgee shsll from time to time deem fit to carty on fhe loan tewred hereby.
; Morty~e ~hall from tune to time notify mortgagor in writing of the amount due and pay+ble hereunder ~nd suth wm shsll therevpon b~ dw snd
i payable on the due date of the next monthly payment and each successive month thereafter until mortysgee shsll notify mortgsgw of a charg~ in such
~ amount. Such sums aMll b~ applied by mon~agee toward the payment of real property ta:es, insurance premiums, u+d morty+pe ywraMy inwr~nu
premiums.
R IN WITNESS VYHEREOF, th~ s~id MORTGAGOR has hereu~to set his hand and xal ths day ~nd yeu afor
~ d, S~ ~d and tw~~d i • pr s of: ~ -
4
• R--n
rs..n ~ .
"
,
~ ATE OF FLORIDR ~
St. Luci•
courm oF
~,,,,,~,y,~,,.d Lillie Beth4~ a riidox
ii~wite, to me we1) known ,nd krwwn to me 1o b~
;he ir,dividw d~w~d in ~nd who exearted the fora9oag instrument, and ~clcnowkdped bsfwe me that ~qyr e:ewted ths ssrm fot tM pwposes
~ ~AO
fherein ~xp~pwd. IrMI~ _
wid~oEJlr ' y'o~~~Ma~"- --,'tirw i
e'~,'~~1R~~MIw~wAw1~'~wd'~Paw'i*aw~l~e?~s~ld~hOSb~r~d,"~eknv~N~dyld'~e7nd~eferrl~l~th8l11l~1Rlo7lQ'sfR!'RQIf01l1le1~11UlIt~A701d!{~ ,
!0 t~IIL ~fld,IfilbGW~..AO~iviYi. ~PY~asi~f~+~ of~i drac~bebtiid ~d. ~
WITNESS my h~nd ~nd offiei~l s~sl thi~ d+Y of A. D. 19~1~ e
~ 5--~`~~ ~ i~ ~ - - -
. - Notary PuWic in ~nd for the St~tt of Fbrids d Lup~
. My Com^issio^ ~xpires: ,
R.~w~ Ta Notary PubGc, Sbte a! florod~ at large `
first F~d~r~l Savinps i loin AssociaYan .3 6
a Fo,, v;~,u. FILEO ANO RECORDEO ~ lJty Comm;ssion E:~ires t~or, 1969_ l. Z..~
~ Pk,a. F,a;d, ST. LUCIE COUNTY. FIA. ~Y ~~M:+-+•~ ar, , ~
RECORD VERIFIEO 4'~..:.~~~
15'~414 . ~ ~ o .
~ '61 JUl~ 26 AN t0 : I 6 _ : a ~ ~ ~ ~ . -
~ ' • ` ~w~. ~ 1' i• y . ~
?
i~0~~?t i'OtTRt,S . 'J%i•••... . ~ "
CLERK CIRCUIT COURT ~ ; ~~S
- . ~ - .
~ ~ - ~ a~K 166 PACE273? f. p ~
`-'~"t~; -s? - ~r=,~:
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