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3. To pt~c~ ar~d conti~uously keep on the buildinys now a hereafta situ~q on said land u~d on all equi{?n~M ~nd pKwn~1~Y cov~~d b11 1Nt map~
~ge, with all pr~miums Iheteon paid ie full, fin insurance in 11?s u~u~l st~ndsrd polity form, U~ swn ~pprowd b1/ tM MORiGAGEE. and winduonn
insuranc~ in th~ uswl uandud pol~cy fam, i~ a sum approved by the MORTGAGfE. in ~uch tanp~nY w cc^'P+^'K u tM MORTGJIGEE n++y
d~rec~; ~nd all fire and windstorm inswance policiei on any of said buildinpa, ~ny inq~at tha~in a p+rt therwf. in th~ a~r~9+t~ avm aforti~id o~
in excess ~henof, sMlt contain the uswl standud mortgagee ctaus~ o~ such o~Fwr ctaua u tM Mw~y~pt~ m~Y n9uk~. ^~+ki^0 tM Iw~ u~ s+id pdF
ues, e~ch and evay. payabl~ ro said MORTGAGEE as ~ts interest m~y ~ppear. ~nd c+ch and ~very i~ch po~~cY ~MII b~ promptly ~ss:pnsd and d~livKed to
eny heW by uld MORIGAGEE ~s furtha security to said mortgage debt, and, ~+ot leu th~n ten (10) daYS i~+ +dv+nc~ of tM ~xpir~tan of Nch policy. 1o d~-
I;ver to said MORTGAGEE a renewal thcreof, topetht~ with a receipt fa the premium oi svth ~entw+~s a+d 1her~ sh+~~ be ~+o f'u~ o? windstam inswu~u
placed On ~~y of said buildings, +~y imerest thsre~n w p+rt the~eof, unleu in tM torm ae?d with th~ loas p+y~bb as ~fa~saidr ~~d in tM ewnt ~ny wn+
of mooey becomes payabl~ under such policy w policros said MORTGAGEE ~hsll h~w fh~ optio~ to receiw ar:d apply tM ta~ o+~ sccount of th~ tnd~btd~
ness secured hereby w ro permit said MORTGAGORS to receive and vis N a a~y put ihereof fa other pwposa, wi?houl the~eb/ waivin~ or ue?p+N-
inq any equiry, lie~ w rght under or by vi.tue of this matgage; and i~ the eve+~t s~~d MORTGAGORS shall for ~ny reawn fail w keep the s~id pr~+nis„ so
;nsured, or fail ro deliver promptly any of ssid policies of insurante ro said MORTGAGEE, a fail promptly to pay fu11Y +nY premi~m ther~fw w ln sny
respect fail ro pe?form, discharge, eaecute, effecl, complets, comply with ud abid~ by this tove~aM, w ~ny p+?? Mr~of, s+id MORTGAGEE enay plia ~nd
pay fa tuch insurance w~ny put thereof without waiviog a affactirg any option, litn, p~ity, ot ryht undK o~ by vtrtw of this MortQs~, and tM
f~ll amount of esch and every such payment sF»II be immediately dus snd pay~bb ~nd ahsll b~~~ tot~rat fran th~ d~t~ tF+Keof until p~id at tM nq of
n~ne per cantum per annum and togNher wi~h such interest shall be secvred by tM IiN? of thit mortype.
1. To permit, commit w suffer no waste. impairment or deter'a?stion of said prope?ry or ~ny put thereof.
S. To pay all a~d singulsr tht cost~, charges and expenses, includiny a reawr?~ble ~naney's fa~ and oos» of abstratri of titl~. ineurc~d w p~td at
any time by said MORTGAGEE, b~cavse or in the event of the failure on the paN of tM pid MORTGAGOR w duN. won+P~y ,~,d t~,uy pe.fo.n?, d„cn+ro~
execufe, effect, complete, comply wifh x+d ab~de by each and every the stipulations, a9reemenb, tonditiont, and aowna^~s of said pranlssory ~wt~ u+d thi~ .
,TOrtgage any or either, and sa~d costs, cMrges snd expenses, each and every, shall be imrtiediatsly due and pay+W~J whetFwr o~ not tMr~ b~ ratia dt
rnand, at?empt to co11M or suit pending; and the f~ll amo~nt of each and every such payment ahall bear intK~st fran tl» d~te tMreof until p~ld N tM ~
rare of ~ine per centum per aroium; a~d all s~id costs, charges and expenses intvrred or p+id, together with wth Int~r~at, sMll b~ sKUr~d by th~ IiM of ihq j
!
morigsge. ' ~
6. Tfut (a) in the event of any breach of thu Mortys9e or default on tM part of the MORTGAGOR, w(b) in tM ~vMt ~ny of s~id suny of nwney
herein referred to be not promptly and fu~ly paid within thirty (30) days neat after the ssme uvNally bKOm~ dw and paysbl~, withoul d~tn~nd Or nofit~.
or (c) in the event eath and every the stipulations, sgrecmems, condi~~ons and covenanb of ~~d promissory non ~nd tlui mortpape any o~ NthK u~ no1
iuly, promptly and fully perfo?med, dixhuged, execvted, tffected, campleted, compliad with ~nd abided by, th~n In ~itMr a any such ~wnt tM uid p~
gregate wm mentioned in said pomiswry rate the~ remaining unpaid. with interest acuued, and all montys s~cwNl. Mr~by, aMll b~oorn~ dw ud pay~
ab:e forthwith, or thereafter, at the option of said MORTGAGEE, ~s fully ~nd tompletely » if •II of tM Nid su~s oi ma»y wtn orpiMlly ~H~ulat~d
ro be paid on such day, a~ythirg in sa;d promwsory note or in rhis Mwtgsge to the contr~ry notwirhsundinp; and thKwpon w thK~aRa at tM option of ~
se~d MORTGAGEE, withouf notice or demsnd, wit at law or in eq~ity, thcrefore or 1Mreafta b~pun, mar b~ prosetut~d a if ~II rtwmys eKUr~d hK~by ~
had matwed prior to its inslitution.
7. Thst i~ the event that at the beginnirg of a ~t any time pending any wit upon this Mwtpap~, or to foncloN N, or to nform h, o? to Mfwq
paymcnt of any claims he?e~nder, said MORTGAGEE shall apply to the Court having jurisdiction therwf fw tM ~ppoietm~nt of a R~ttiwr, wch Cowt ihall
iorthwith appoint s receiver of saiFl mortgaged property all and sing~lu, includ+ng all snd singular tM incom~, ptofits, istws and t~wnwt lrom whaMv~t
sou+ce derived, each and every of whKh, it being expressly understood, is hereby mwtgsged as if tpicific~lly~wf fOrth and dycrib~d in thi prantinp ~nd
habendum clauses he?eof, and such Receiver shall have sll the broad and effective fu~ct~ons and powtra In ~eywit~ in~twMd by a Cou:f fp ~ R~uiwr. ~nd
s: ch appointment shall be made by suth Court ~s an admitted equity and a mitte? of ~bsolut~ ti9h1 to Mid MORTGAGEE,. ~nd without t~fennq f0 tl+~
adequaq o? inadeqwq of the valve of Ihe properry mortgaged or Io the solventy or Gnsdv~ncy of uid MOATGAGOR Ot tM defendanfs, and tFNI ~uch
renis, profi», income, iuues and revenues ~hall be applied by such Receiver xcudinp to th~ lien or puity of wid l1AORTGAGEE and the pwefio~ of suth
Coutt.
8. To duly, promptly and.fvlly perform, dixharge, execute, effttt, complete, comply with and abids by Mch and wNy NN stipul~tions, prNm~nf~. ~
condrtions a~d covenams in said promissary note and this mortgage sN fwth. ' ~ ~
9. That in the event the ownenhip of the mortgaged premises, or any parl theteof, becomes veit~d in a perwa othe? fF+~n th~ MORTGAGOR, tM i
h10RTGAGEE, its succeuors and auigns, msy, wifhout notice to the MORTGAOR, deal with tuch sva~twr a M+cpstor in interat wifh r~ferena to this }
morrgage and the debt hereby secured in the same manner as with Mortgagor without in ~ny way vi~w~inp a d~xhs?yirp tIN Nbrtpapon' Nabiliry Mrt ~
under a upon the debt hereby secured. No safe of the premixs hereby mortgaged u~d no forbtaance on th~ put of th~ MORTGAGEE or in wcttasws f
or assigni and no extension of the time for the payment of the debt hereby setured 9iven by the MORTGAGEE or its sutuaors w as~ipni, thall op~rat~ '
ro releax, discharge, modify change or affect the orig~nal liabiliry of the MORTGAGOR hertin, either in whd~ or in puf. ~
10. It is specifitally agreed that time is of the essence of this contract and that no w~iwr of ~ny oblipaYwn Mrlunder or of tIN Oblip~ti0n ~ ~
c~red hereby shsll a1 any time thereafter be held to be a waiver of the termf h!rlof w of the instrumsnt sewr~d Mrby.
11. In add~tion to the forego:ng monfhly payments of princ'pal and interest required by the promissory nols secur~d hereby, mortpagor Mv~nanh
' a~d agrees to pay to mo:tgagee with each monthiy payment an addi~ional sum estimated by mwtgagee to bs eqval fo 1/14 of the annud cost of tM fdlow-
in~:
A-All real property taxes levied or assessed against the above deuribed resl estate.
~ B-Premiums on fire artd windstorm inswance as herein requ~red to be carried on the improvemMta situat~ on tlw abov~ detvib~d prlmUM.
C-Premiums on such mortgsge guaranty insurance as mo?tgagce sh~ll from time to time de~m fit to uny on tht ban secur~d hereby. ~
~ Mortgagee shatl from rime to r~me no~"rfy matgagor ~n writ~ng of the emount due and pay~bk hereunder and such wm sMll tMrwpon b~ dw ~nd }
Fayable on the due date of the next monthly payment and each successive month thereafter until mort~age~ shsl) nofify morfgagw of • cMnp~ in such
~ aT.ount. Such sums shall be applied by mwtgagee toward the paYment of real property taxes, inwnnce prem:vrtu, and mortpsp~ pwr~nty inwranu F
E premiums. ~
~ IN WITNE55 WHEREOF, the sa~d MORTGAGOR has hereunto set his hand and seal the day and }nar fint afa~kl.
. Se and d,~yrcred ' the e of:
n ~
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i
_ ' /Swa~ 1
SiATE OF FLORIDA ~
$t. LLIC].@ ~
COUNTY OF
eefore me personally appeared M. H. Honeycutt
Lu a Van Honeycutt ha ~t~, to me well known and known fa me to b.
rhe ind7viduals described in and who exccuted the foregoing instrvment, and ~cknowledged befwe ms thst they exewted the same fw tM p~+rposes
~Ferein ~xa~d_ a~a rrK ~~d Lula Van Honeyeutt
M. H. Hone cutt
.v~fe of the said y ' upon a sep~?ate ~nd priv~t~
exam~nation by me taken separate and apart from her ssid husbai?d, atkrawledged to and befwe me that she execvted said irntrument freely and volvr~
ra~~ly and witho~t ~ny compulsion, constraint, apprehension, w feu of w from her said husband.
1YITiVE55 my h~nd snd official seal this ~Y'd dsy of a 19 6'
~ 5~~~ • _a _ D Q i ~
~ r1c~~
Notary Public i~ and fw tM Sf~tt of Flwid~ at l~y~ Y
My Commissio~ expires:
Return Ta
Firat Federsl Ssvings 3 losn Assotiaf'an ('~Oti1r P11~1(, StP:^_ ~iari~a at large ;
My Commission Exp~ei~~i:~ :'~949~ . ;
Of Fort P;e.~e. F~~ED ANO RECOROED j'
fott Pierce. Flo?ida ~1 ~~°1~ . .~•.~,~1 ~~i~ ,
ST. LUCIE COUNTY. FLA. _
CORD VERIFIEO / ~ ~''"~r'~
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Ra~Fn ?-OITRAS
GLERK C1RCUtT COURT~ ~
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