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To plac~ ~nd oontinuowly k~ep on ~M buildinps now o. I+a~+f~a si~uaq on s~id laed a+d on ~II pulpm~nt u~d pKwn+lly covK~d by ~hi~ mat~
sy~, wi~h ~Il p~miwra tMreon p+~d 7n iull, fir~ inwr~nc~ in tM wwl tundard policy forn+, in ~ awn approwd by tl» MORTG/1GEE. ~nd wiedstorm
i~+swanc~ in 1M uwal itu~dard policy fwm. tn • wm ~pprov~d by tM MWtTW?GEE, in wch camP+^Y a c«npu?iN ~t tM MORTGAGEE ~++y
d~reN~ ~nd ~II (iti ~nd wind~!orm insv~+~+a poiicies oe+ aey of wM buildi~p~, u~y MtKat tFwr~in a put tl+K~^t. in th~ ayprp~~~ ~wn ~lorh+id a
In ~xau therwf. sMll contain ~M uswl sta~dud mortaaye~ clauN or such wlw claws ss the Ma~p+~ m+y rpuu~. makGp tM lou urdK a~d po1F
dei. ~ach aod ~wry. WY+bI~ a~aid MORTGAGEE as it~ lmereu may ~pp~a~. aed ~acl+ u~d ~wry svd? poiicy •MU b. p.ompny u•9n.d u~d ~ei+v..~d ro
eny hsld by s+id MORTGAGEE u fv~thtr wt~riry to s~id matysp~ deW. +~xl. rwt 1~+ tMn ~M l10) daya in adv~nu of ~M ~xpua~ion of ~ach policy. to dt
liv~~ to aid MOR?GAGEE ~ ranewal thsrwf. top~ll~ wi~h ~ rot~ipt fa th~ premiwn ol suth r~e?~wdj and tMr~ ahall b~ no i'ae o~ wi~ds~am inwai?a
plscsd on any of Nid b1llWi~s. ~t1y 111fQfNt 1F1Qf~in or part the~wt. unl~u in tFr fwm and with tM Iws paY+bl~ +s +fa~s+idt ++~d In tM ~vent any wm
of mon~y beco~s p~Yabl~ ur+dK wd~ polky a policies s+W MO~tTGAGEE shall Mw tM option to rec~iw aod apply ths ~ on ~ccou~t of tM ind~bted-
neu s~cur~d herepy o~ w permit atd MORTCsAGORS ro r~seEw and u~ it ar ~ny pat thereof iw other purpos~s, wiihout ~hereb,r waivi~~p or impak-
iny any p~ity, lien or igh~ ue~la or by virtw of thu mortysp~t ~~d in tM tv~nt wid MORTGAGORS sh+tl (a ~ny r~sson fail to ktsp the aid p?~mises w
insured. a fail w ddiva+ promptty +ny of s~id policies of inzur~nn to saW MORTGAGEE, a iail p~omptly to psy fully any premium thettfw or ie any
respect fall to pufway dischufle. ex~cvte. ~f(ect. canplete. comp~Y with and abid~ by tha cownant, or ~ny p~rt haeof, ssid MORTGAGEE mar plac~ +nd
paY fa wch G~wrancs or ~ny part thereof widw~t waivi++p or aff~ctinp any option, li~n, p~riry. or riyht undN a by virtw of thh Matyap~. a~+d the
full smo~nt of ~ach u+d tvery such payment sMll be imnedlattly du~ ~nd pay+bl~ ~nd sh+~~ be+~ G?taest from th~ date thereof until paid at tM rat~ ol
nine per antwn pa a~rwm and togethe~ with wch interest shall be s~n?red by tM li~n of this mortqape.
1. To p~rmit. oomrnit w suffa no wut~. impairmsnt or deterioration of said property a any put thereof.
5. To p~y all ~+d sinpula? tM coats, cFwpes snd expar?s~s i~dudinp • ~~asonabb attwney's fe~ and cwts of iwtracts of tiH~, incurred o? p~id ~t
any tune by said MORTGAGEE, becwss w in the ewnt of ths failun on th~ put of tFw s+k! MORTGAGOR 1o duly, promptly and fulty perform. dischar~.
execvts. eftect. complete. comply with and ab~de by ~ach and every the stipul~tions, apreements, condit~au, •nd oownann of sa~d promissorY na..nd ~hi~
matgaye any w either. and sa~d coits, charyes and e~epenses, eacl+ ~nd ~very. shall b~ tmrr.sdiately due and psysble: whether or not there b~ r,otice de
mand. ~n~mpt to collect w wit pend~eg; and th~ full arnoum of esch and avery wch psymero iMall bes~ interK~ from the dat~ th~reof until paid ~t the
rate of nine pa centum per am,um; and all said cwts, chsrges and expenses intvrr~d or psid, togethsr with wch iotenst, shall b~ s~cwed by tM IiM of ihi~
mortyaps.
b. That in the event of any breach of this Mort~ape or defwt~ on Nr pa~t of the MORTGAGOR, w(b) in tFw event any of said wma of ma~ty
herein ~e{erred to be nof prwnptly and fully paid within thiry days next after the same uveralty becortw dve and p~yable. withoW dsm~nd w notics.
or (c) i~ tlie event c~ch ~od every the stiputations, sgre~mants. conditions snd coven~nt~ of sa~d promiuwy no~e a~d th~s matpaqe any a eiths~ an no1
iuty, promptly and fully perfwmed. d+xharged, executed, ~ffected. compkted, complied wi~h and abided by, tMn in either or any such ~wm tM wid ap~
gregate wm mentioned in said promiswry note then remainin~ unpaid. with interest acaued, aad all mooeyt ~etvred hereby. th~ll baowne dw and p~y~
able forthwith, a thereaher, at ~he option ot said MORTGAGEE, ss fully ~nd completely as it ~II of the said wms of money were aip'uully atipulated
to be Faid on suth day, anyihirg in sa;d prom~ssory noro w in this Mwtya9e to the tontr~ry notwithstanding; and theteupon a thereaftsr at fM option of
said MORTGP.GEE, without notice a demand, wit at law or in eq~rity, therefwe Qr thereafta bey~~, may be prosecvtad ~s if all ma+eyt s~cund Mreby
had matwed prwr ro in irotitution.
7. That io ths event that at the beginning of or al ~ny time p~~dinp ~ny wit ~pon this Mwtyage, ar tc `^~ecloa~ h, or 10 ?efo~m it, o~ fo enforu
paymMt of a~y daims he~eunder, s+id MORT^vAGEE sMll ~pply to the Coun havir~g jurisdtctan thereof fw the ~ppointmem of a Receive?, wch Court sh+ll
forthwith appant s reteiver of said mortgaged properfy all ~nd singul~?, includ~ng all and sirgvlsr the income, profib, isfwt and reven~es from wMttve?
source derive~d, each and every of whKh, it beinp expreasly u~derstood, is hereby matgaged as if spedfic+lly set fath and desuibed io 1M 9rantinp u~d
habendum ctauses hereof, and such Rtcciver shall have •II the broad and efiective funa~ons and powers in a~ywise MMUbted by a Court to ~ Receiver, and
:~ch appointme~t shall be made by wcA Cowt u an admitted eqviry and ~ ma~ter of absolute ~ight to taid MORiGAGEE. ~nd without reference ro tM
adequacy or in~deqwq o1 the wlue of the property mortgs9ed or fo the sotvency o? insolvency of said MORTG:,~-7R or fhe defendanri, ~nd that such
rems, profiri, incane, iu~res and revenues shall b~ applied by svch Receiver atcordinp to tM ~ien ot equity of isid !lIIORTGAGEE and the ptactite of such
Court.
8. To duly. promptly and fulh perform, discharye. execvte, effect, compkte, comply with and abide by each and ~very tM stipubY~ora„ p~oemems,
condiYwro and ooven+nts in said promissory note and this mottyage xt forth.
9. Th~t in the event the ownership of tFrc mortglyed premises, w any p+rt thereof, becomes vested in a person other tMn the MORTGAGOR, the
MORTGAGEE, in succeuas and au:yrs, may, without notice to the MORTGAOR, deal with such successor or waessw in iNerest with reference to thw
mortgsge and the debt hereby secured in the same manne+ as with Mwtgago? without in any way vitiatinp a dixharging the Morty+gws' liability herr"
under a upon the debt hereby secured. No sale of ths premisc~ hercby mortgaged ~nd no (orlxarance on the part of the MORTGAGEE w ib tvaesson
or assig~ and no extension of the time for the payment of the deb~ hereby secured ~iven by the MORTGAGEE or its sutusson a auig% shal) operat~
to release, distharge, modify change w"affect the original liability of the MORiGAGOR herein, either in whole ot in part.
10. It is spet~fically agreed thst time is of the essence of this contr~ct and that no wsiver of any obl'~gation here~rnder or of ths oblip~Yan se-
cured Froreby ihsll at any time thereaNer be held to be a waiver of fhe terms htreof p of fhe instrurneM secwed herby.
11. In additia~ to the faego:ng mw+thly payments of princ'pal'and interest required by the promissory no~e secured hereby, mortgsgor tovenanri
' and agrces to pay to mortgagee ~vi~h each monthly payment an addi~ional sum est~mated by matgagee to be equal to 1/12 of the annual cost of the follow-
ing:
A-Ali real property ta~ces leried w assessed against the above dexribed rea! cstate.
B-Premiums on fire and windstorm insurance as Fxrein requ;red to be carried on the improvements situate on the above desuibed premites.
C-Premiums on such mortgage guaranty insura~ce as mortgsgee shall irom rime ~o time deem fit to tarry on the ban secvred F~ereby.
Nbrtgagee shall from time to time notify mortgago~ in writing of the amount due snd payable hereunder and suth wm shall thereupon be due arx!
payable on the dve date of ~he next monthly pay~nt a~3 each wccessive month thereafter ~ntil mortgagee sF~sll notify mortgagw of a chsnge in s~ch
amount. Such svms shall be applied by mortgsgee toward the payment of real propcrty t~xes, inwrance p?ero:wns, snd mortgaye guar~nry insurance
prem:vmS.
IN WITNESS WHEREOF, the wid MORiGAGOR has hereunto set his hand ~nd seal the day ytar fint ~foresaid.
i Sip Sealed and liver i the presence of: •
~ •n
~ . ~
f ~ n
n..~
~
TATE OF FLORIDA ~
St. Lucie ~
courrn oF
Befare me personally app~ared ~r9e 6d~?ard Martin a~ ;
AYtl@ 1~'W@ Mart1II - his wife, ro me well known ~nd known ro me to b~ '
~
~he irxliridwb described in ~nd who executed tF~e fore9oiny instrwnent, and +cknowledyed before me that thsy executed the same fw the purposes
therein sxpressed. And the sa~d ~tle ~de ~rt1A _
wife of t~ ~~a George Sdvvard Martin - ..~,..,r. .~d ~,t•
examin~Yrot? by me taken separate and apart from he~ said husbsnd, atknowledged w and beforo mt that sfie executed wid irutrumeM i~1y and vdwr
rarily snd witF~out any aomputsion, constnint, appreF~er?san, or fe of a from har ~id husbsnd.
WITNESS my h~nd a~d official seal thi~ ~ d~y of ul A. D. 1967
~
~ . Notsry PuWic in and ~or the State of Flo?ids ~t lar~e -
My Commission enp'ves: .
Retum Ta .
' , + : , . ~My ~I~t. S~! Of F~011di ~ ~M4t
Fint Feder~l Savings d. Loan Astotiation :~a•'~ ~ ' - . : +;d
Of Fort Pierce. ,~••"~~.'••.;~v ~w~~Aw~~a~i
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~ Fort Pierce. Florids ` ' . - - - . -
~ Np RECOR~~ ~e ~ . '
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~~L1~1C1E ~OUNTY. • : : . ' ~ -
RECORD vERIF1E0 - ; . , ;
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158386 ~ . . . ~ ~ .
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24 10 ~ S ~ .
'61 JUL -
G~'~a~,~-~-~' . . _
~~.ERK CIRCUIT CO~~ R .
~~K167 ~11~'1. ~ ,
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