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Z. To ~ a~d ca?fYwa+sN IcNP on fM buildinps now a lw~ahN ~itu~» on s~id i~nd ~nd on d) ~q~ipnwM ~nd P~sa++~N o9~rd b11 ~~~Y'
.g•, wi~h ~Y pnmiurtn ~he~so~ paid in fvll, fu~ inw~.nc~ in th~ usual aandard poliry (an~, In • ~wn approwd by tM MORTGAGEE. ~nd wM~twm
~n~wana In th~ vw+l s~u?dud policy fam, in • swn approwd by Hw MORTW?GEE~ in wd~ aompany w oo+~pania aa tlr MO~TWIGEE in+Y '
direct~ ~nd all fin and wind~w~m iraw~na poliNes on any of raid buiWinq~„ wqr inh~at Mw~in o~ put thcrwf. In Ih~ app~pat~ wm ~fonNid a
In uccNS IM?wf, sMll cont~in tM uwal a~nded mat9+~ clauw a such wiwr dw~ a tF~ MorppN m+1? nqvin. m+tUg th~ loss ur~~ N'd P°~'
c~es, eacl~ ud ~ve~Y. P+Yab1~ to s~W MORTGAGEE ~s in in~enst m~y ~pp~+r. and tad~ and iwry wcA policy aMll b~ promPtly a~i~~ed ~nd dtliwrd to
any Mld by ssW MORTGAGEE as f~Nher ~ecwity to ~aid matp+y~ deot, and, nor I~u th~n ten (10) days i~ adv+na of tM ~~+tion of ~+d~ policy. w dt
liver ro said MORTGAGEE • rsnewal thKwf, top~tF~ with ~ ~saipt fa tM pnmium of sueh r~wds ~nd ~1~~ sh+~~ M no f'u~ o~ wind~tam imwaewi
plsad on ~ny of said bvild'?nps. MY j11flfllf 1I1lt~ifl Of p+rt tMnoi, unku in tM fam and wi~h tM loa p~yaW~ a aforts~idi ~d in th~ ~wM any swn
of moMy bacorn~s p+yabk w~d~. wd~ po1kY o? Pdiva s+id JNORTGAGEE aMll h~w d» option ro nniw w~d apply tM wn~ on +ocow+t of th~ M~d~bted~ ;
neu s~cw~d her~by w b pKmit wid MORTGAGORS ro naeiw and u~ h or any put thereof fa other pwpowa, without tMreby waivinp a imp+i~- i
ing any pvity, li~n ar ri9ht under or by viAw of this mortyay~; and in da ~renr s~id MORTGAGORS ah+li fw aMr nawn fsil ~o k~ep tM wid pnmua w ~
~nsured. a f~il to d~liva promptly any of said pol'Kies of insw+nc~ w s+W MORTGAGEE, « f.ji ~o~+Prb wr ~+~~r +~+y w«~~W++ ~~n~ a i^ a^r
respact f~fl q pNfum. d~scharp~, ~x~cvt~, ~ff~ct, compltt~, cvmply wirh snd` ~bid~ by thb cov~n~nt, or +ny P+n Mnof, s+id MORTGAGEE m+y piaa and
pay for s~ch irovrane~ or ~ny part tMnof without waivieg or aff~etina anY option, it~n, puity. w ~lpht w~d~r a by virtw of tNs Mat~+p~. +nd tM 4
full amovnt of tach and twry such paymeot sMll be inrnadiattly dw aed p~y~El~ ~rd ths~l bw int~ust from th~ daN ths?eof ix?t{I p~W ~t tM nq ol
n~ne pK qntum p~? ~mum and toyether with such interest shall be secwed by tM li~n of tNs mortp~.
4. To p~rmit, eanmit o? svffsr no wu~~, imP+irment o~ datKior~tion of aid propKty a wryl Put fhN~of.
S. To par all and dnpular tM cos». chsrpes snd ~xpa+~~, inclvdinp ~ r~awn+bl~ ~ttor~ey'~ h~ M+d aost~ of ~bsh~cts of titl~, irKVn~d w p+W !1
any tims by wid MORTGAGEE, b~cavse w in tM •vent ot iM fsilw• on th. pan of ~M s.id MORTGAGOR a duly, prompty ~nd (vlh? pafonn. d~d~a~
execute, effsct, oompkt~, comply with u+d abids by ~ach ~nd every the stipdatiau, prc~+ts, ca~ditiom. ~nd eown+nn of s.W praniswry not~ and ~hi~
morrg~ye ~ny a ei~he?. and aid costs. chup~s and ~xperues. ~sch and ~v~ry. sMll b~ Gnnwdi~t~ly due ~ed payabiq wMtMr a not Nwr~ b~ notia dr
mand. attempt ro aoll~ct w wit p~ndi~gr and ths ivll srnount of ~sch ~nd ~ve*y wch p+Ymee~ ~h+ll beu int~rat han th~ daN tMnof ueHl pNd at tM
rare of ni~ per centvm per amum; a~d ~II wid costs, chu~es ud expMSes aia+md or p~fd, top~tMr with wch lot~nd. ~hall b~ Na+nd by th~ li~n of thM
mortpape.
6. That (a) in the event of ~y bre+ch of this Nbrt9spt ar d~favit on the put of th~ MORiGAGOR. w(b) in tM ~wM +nY of t+~d swM of mon~y
here~n refared to be ~+ot promptly and fully_ paid wirhin ~hirty (30) days ~ext af~er tM u~ sevewtly b~can~ dw ~nd p~y~bN, without d~nd or notiu.
or (c) in ths event eacA and every the sripvlatiaet, agreem~nts, tondiYans and tov~nb of sa~d proa?Estory oot~ and Mis matp+p~ aeY a~itMr ~n nol
iu1y, promptly u~d fvlly performad, d~sch+rged. execvted. effected. campltt~d. canpli~d with ~nd abided by. tMn M~itMr a any wd~ ewnt tM wid ~
gregate wm mentaned in said promissory noro then remaininp unpaid, with interest ~urwd, and all monsys s~cw~d. hu~by. ahall b~ooeN dw u+d p+p
ebie Ewthwith, a theresher, at tM option of said MORTGAGEE, u fuly ~nd compl~tely a~ if all of tM s+id ~un~s of naiwy w~n orpin~Uy atipul~t~d
ro be paid on s~ch day. ai+ythiny ie iaid promissory note o~ in this Mort9~Qe ro tM contruy notwitMtandinp~ ~nd tMnupon or thKUhK at fM op~ion of
setd MORTGAGEE, wirFaut notiu a d~m+nd, wit at law or in puity, rMc.fon o~ ~I+a..h.r b.pun, m+r b. Pro..cv~.d a H dl mon.y~ aa,r.d h.r.by
nad man,nd pra. to in tnstirwlon.
7. That in ths event thst ~t the beginnin9 of or ~t ~ny tims p~nd'np ~ny wit upon t6is Mort~p~, w to ~ontloa k. a.to nform It, or to ~fo?p
Payment of ~~ryr daims herevnder, said hiORTGAGEE aMll ~pply to the Cowt havirg jwisdicYan thenof for th~ ~ppointmNtt of ~ R~ivN, wtb Cowt sh~ll
Forfhwith appoint s nceiver of sa' mortgsged property all and sinyular, Includug all and iinpulu th~ inoorn~, profit~„ kwM a+d nv~nws froen wMt~v~r
sou.ce derived, each and ~very o~wh3ch, it beinp ~xp?euly understood. is hercby mort~p~d a if specific~lly ~M forth and dwuibed M thi prantLp a~d
habcndum clauses hereof, snd wch Receiver shall h~ve all the b?o+d and effectiw f~nct~au ~nd powen ln ~nywiu ~ntrv~t~d by ~ Courf ip a R~aiwr. ~nd
wch appointment shall bs made by such towt as ~n admitted equify and a m+na of abwluN ripht fo ~aid NIORiGAGEE, ~nd without nftr~ ro tl» i
edequscy or in~dequacy of the val~e of the property mortp+~~d or to the wnnncy or insolvtncy of wW MORiGAGOR a tM d~f~nd~nM„ and thn wch
rents, profits, incane, iuues and reven~es s1w11 be applied by such Reuiver stcordinp to tM lia~ or puity of s~id MORTGAGEE and tIN pr~ttlo~ of fuch j
Court. ~ ~
8. To duly, prompty ~nd fully perform, dischary~, execute. effect, compl~t~, oomplY with u~d abid~ by ~ad~ u~d ~wry tM ~tlpulattotai, pnwMntr,
conditiom snd coven+nts in said promissory oote and thp morty~ge set forth. ' •
9. Th~t in the event the ow~xnhip of the mor~9+0~ W~^~• or uiy put thenof, beoom~s vi~t~d In • pKwn otMt than th~ /NORTO/?GOR. th~
MCRTGAGEE, its wcassws snd auiyns, may. without notice to the MORIGAOR, deal with such svec~wo~ a wo~fw an iMaat with nfKMa to fhi~
mortgaye and the debf he.eby secvred in ths same mamer u with Nb.~gayw witho~t in any way vitiatinp or d'ischnptnp the Mortpyas' Ii~b11lry h~n~
u~der or upon the debt hereby secured. No wk of th~ premise~ hereby nartgaged and no forb~aranp on tM put ol tht MORTGAGEE w ih sua~ea~on
or assigrn and no exte?ision of fhe time fw ths psyment of the debt hercby secured piven by tAe MORTGAGEE a its wcawa~ or ~styM, ih+ll opu~t~
ro release, dixMrye, modify dwngs or affect the wiginal liability of ths MORTGAGOR M?~in, either in whob w M p~r?. ~
10. If h spec~fically agreed rhar rime is of rhs essence of ~his oontracl end tMt no vwtwr of ~ny oblipation Mrwnd~r or of tM oblip~tion ~r
cured he~eby sMll st any time thereafta be heM to be s waiver of the termt hereof or of th~ Irotrum~nt s~wnd hMby.
11. In addition ta the fwego:ng monthty paymenri of princ'pal and interest reqvired by tM promis~ory note secur~d hereby, mort~ayor Qown~Ms
' and ag.ees to pay to mortgagce with each monthly payment an ~ddirional sum estimsted by mortyayee fo b~ eqwl to 1/12 of the annwl aost of th~ follow-
ing: - -
A-All real prope?ty taxes kvied w sucssed againat tl~e above described resl estate.
B-Premiums on fire and windstorm inwrance as herein reqv:red to be urried on the improvarMnb sitvaf~ on th~ ~bov~ dtwib~d prNnltM.
C-Premiums on such mortgage guaranty insurance as morig~gee shall fran time to time de~m fit to t~try on MM ~oan Nt~nd hsr~bY.
~ Morrgagee shali from r~me ro rime ra~ify mo.tgagor in writing of the amount due and pay~ble I~eundar and ivth wm shall Mkrwpon b~ dw ~nd ~
payable on the due date of the next monthly payment and each successive month thereafter vntil rtartyape~ shall notify mortyagor of • dwnp~ In wch
amount. Such wms shall be applied by mortgagee toward the payment of real prop~rty taxes, inwnnce pr~m:wnt, and mort~ay~ ~wt~nty Inwrar~
pr~miums. ' ~
IN WITNESS WHEREOF, the ssid MORTG/IGOR has Merevnto set his hand a~d feal the d~y a~d yur first ~faa~ld. ~
Sipned, a and del' ed i presence of:
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ATE OF FLORIDA ~ ~ ,
St. Lucie
couNn oF
s~f«~ ~,,,~„ay .~~.a G• B• Wa?lters and Alliece Waltera, his vrife
Ne~ick Dodd and Manie Dodd, his wife V1eii k,,,~, ,,,d „ m. b b.
the individwb described in and who exetuted the fore9oirg instnxrwnt. and atkrawled~~d b~fot~ m~ th~f ~x~cvted the ssnr for tht purpwes
rh~,~;,, .,~ae,~a, a~a ,,;a Alliece Walters, wife of the said G. B: Walters ; and
~,MC~.~~ ~siss n~rid,~ ..~Q of the said Nedtick Dodd - ,„Pw, . s.p,?are .nd prt~?+a
examinatan by me taken separste ~nd spart from hsr s+id Ausband, acknowledged to and Mfon rm tMt s!r exearted s~id irotrvment frKly and volw~-
rarily and withovt u?y oompubion, mnitr~int, ~pprehension, har of or from her s~W husband.
WITNE55 my h~nd and official sesl t' day of ul A. D. 19 67
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. Notary Public in s~+d for tM Sute of Horid~ at L~rp~
• u ~ e[ MY Comm'a'on ~xpirp: ,
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Retwn Ta t`~::.,~ ~ NOb1r PII~K. Stit! 0~ ~O~Idi it ~if~!
Fint Fed~rsl sa~~s ~ toa~ wswc~+t~ROEO i'"••~ IYIr Co~ssioe Ezpires Sept. 23. 1969. '
. r~, vF~r~~ ~pUNTY• FLA• = v~' b.a.a b n...K.. a w..+y~ ce. ;
ST• L ~e~n VER~FIED J.'' i
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~LERK C PA~E U9~ ~
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