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To plao~ contGwio„sly kNp on tM buitdinps now a 1?KNh~. ~inraM on ~aid I~nd ud ow all putpm~~t wd pK~ona~tY oowr~d M? Nas ma~P
p~, with ail pr~ni tMrea+ pa~d in f~14 `ir~ insuranc~ in th~ ~swl s~and+rd polky fam~ in • sw~ ~pprov~d p1? 1M MORTGACsEE. N+d wind~tanu
inswana in tlr I tt~nd~~d polky form, in a ium epprov~d by tM MOR?GAGEE, M such comp~nY a aon~p+~~ia a HN MORiW1GEE nwy
d~re~ctj ~nd all fir axl windatonn inswu+c~ polKies on ~ny of s~id buiMi~p~ +n~? ~nternt tMrNw o~ pwt tM?~of, in th~ pprp~t~ swn ~tor~W a
In ~xaess tMrwi. 11 cont~h th~ vawl s~u~dud mor~gs~ clws~ a wd~ ai~ dau~ a_ tM Mafy+pN rt~r hquin. n~+kMg tM loss wwlrr wid po1F
c~e~, each ~nd ~wry. abi~ b iiid MORTGAGEE as Fts intereit may appsar. u.d tach ~nd ~vKY wd~ P~~KY sh+ll b~ p~omP?~Y a~s:9^~d «+d d~liwnd ~o
any h~W b~r s~id GAGEE as iwtha rscurity to said mwtqsp~ debt. u~d. not les~ th~n t~n l10) d~ys in adv~nu of tM ~upiration of ~sch policy. ~o dr
I~va ro s~id MORTGAGEE a ra~ewal ~herwf, to~etha with a rece~pt fa tM pnmiwn of wd~ nnew~ij ~nd tMn ~h+ll M no fin a wi~roem Imwana
plac*d on any of saW buildrgs. ~ny interest therein o~ pa„ tM~~of, unless in th~ fam a++d w:t~ tM bas payabN a afa~s+idi +~d in th~ ~w^t ~^y we^
of rrweNy b~oorap payaW~ w~~ wd+ policy w poiicies s+id MORTGAGEE ~II Mw tM option ro ~aiw ud apply th~ s+m~ on +aow+t of tM i~d~bted~
n~s~ ~cw~d ha~by or to pe~mit s~id MORTCs/1GOR5 ro no~iw and us~ it or any part thtreof fw other pwposat, wi~hout th~raby w~hrinp a imp~ih
~nq any puity. lisn or ripbt unde~ a by virw~ of 11+a ~nortypr u+d in tiK ~vent w~d MORTGAGORS sMll fa any naw~ f~il to k~tp tM aid pnmisa w
~o,ur.d, o. bil w d.Gva prompty any of sa~d polcaes of imwanc. ro uid MORTGAGEE, a fail promptly fo p~y fuity sny ~x~mium thtrofa a ia a~y
respect fail b pKfarq, dischxQe, aacut~ ~ff~ct. comptst~, oompN wi~h ~nd abid~ btl this cov~n+nt, w any part Mrwf, ~afd MORTGAGEE m+y plac~ +nd
;•v fa wch iiawano~ or ~ny part tMreof without w~hrinp a aff~ctkp any optian. lkn. Wuiry. w ripht vndK a by virtw of this Nlortp+p~. ~nd 1h~
fu11 arnovnt of ~ch ~nd ~wry wd~ payment sh+ll b~ imm~diat~y dw snd paysbl~ u~d sh~ll bs+? intenst from ~ d~t~ thK~of vnril p~id ~t th~ wN ot
ncne per pntvm pa amwm and toyetha with such intcrest shall bs s~cvrad by 1M lia~ of N?is mortp+pt.
4. To permit, coenndt or wffa no wuM, impaumeM or deteriowtion of said prop~rty or ~ny p+~f tMnof•
S. To psy ~II srd ahgulx t!?~ cosn, cMr~es a~d exp~me~, indudirp ~ ro~sonable ~non+ey's f~a and aosri of ~tracls of titN, MKUn~d a pak N
eny time by ~aid MORTGAGEE, b~twse or in tM ~veM of tM failun on th~ p~rt of the said MORTGAGOR b duly. promptly aed fuN1? P~rform. d~s~Jw~p~
execvte, ~ff~d, campkt~, comply with and ab~de by e~ch and evety ths stipul+tiora, yree+nents, ca~ditions, ar.d aown+nb of wid prar+tuoty noM +nd thb
mat9+~ u?Y a eitFwr. and said aosn. cMr~es and expenses. each ~nd every. slwll b~ &mn~diatsly due a~d payabl~t vrMtMr a not iMr~ b~ notia d?
mand. ~ttempt to colkct w suit p~ndi~gr a~d tM full ~t of esch and e~wry wch paymN+t shail b~w int~rKt fraen the dat~ tM~wf until p~id ~t Ih~
rate of nirn pe~ centum per uwwm: and ~II said costs, charges and exp~ns~s iaa+rnd a pald, top~tMr with wch Intthaf. sMll b~ Ntuhd by tlN li~n of 1hM
rrw..'!7+p~.
6. Tha1 in the event of aoy breuh of this Mwtgape or default on tlr paA of th~ MORTGAGOR, a(b) tn tM twnf u~y of aid wnu of mon~r
herein ref~rr~d ro bs rat promptly and fuily psid within thirty (30) d~ys next after the same severa~fy b~comt dw and p~yaW~, withouf d~maed or notiq.
or (d in tM erem each and evcry the stipula~ions, ~greementt, canditions a~d covM+nb of utd promissory oot~ a+id Nw mort~sp~ ~np a~IthN an no1
iuly, promptly and fully periwmed, dischuged. execvted, effected. compkted. compli~d with and abidad dy. tMn tn ~ithK or u~y ~uch ~wnt tM s~id p~
gregati: wm mentaned in said promiswry note then remainirg unpaid, with inte~est acaued, u?d all mawy~ NcwNl. h~?~by. sh~il b~oam dw ~nd pay~
ebie forthwith, or thereaher, at the optan of said MORTGAGEE, as fully snd canpkttly as if all of th~ s~id wnu of maNy w+n aipinelly ~tipulated
to be paid o~ s~?ch day, anythirg in said p?omissory »oro or in this MOrtgaQ! t0 the COnft~ry ~IOtwithff~i~i ~ fI~M~Vp011 Of tIN?NffK ~i tM OptiOfl Of
~e~d MORTGAGEE, wirhout ~+orice or dem~nd, wit st law w in equiry, therefore or tMrsafter bs~un. ~y b~ p~a~wt~d a~ if mo~f~Y~ Mcw~d h~r~bY
haat mafund pr'wr to iri instifution.
7. iMr in the event rhat ~t the begimi~g of w ~t any time pendirg aoy wit upon rbis Mwtyay~; a ro for~doN M. w to nfam k, w to ~nfo~a
payment of ~ny d~ims haeunder. s+id JNORTGAGEE sM:l appty ro the Coun having jwisdiction theroof for th~ appointnwM of a R~ceiwr. wch Court ~MII
Forthwith appoint a receiver of sa' mwt9aged prope~ty all ~nd sirgulu, indud~ng sl~ aed singul~r th~ ir?oorM, profits, Itsw~ and t~wnws from wh+1wN
_••ce derived, each and everyr ~whrch, it beinp expreuly understood, ia hereby mortg~ged as lf tpetlfiully s~t fath and dNtrib~d In thi qnnt{np and _
t,abendum davses hereof, and such Reteiver shaU~hsve all the broad and eHective funttions and powers in anywit~ ~ntrust~d by ~ Coutt tp a R~o~ivN, and
:~ch appointment shall be made by wch Court as an sdmitted equity ~nd ~ maner of ~bsolute r'gM to s~id MORTGAGEE, ~nd wlthaA nfenna b th~
adequacy w in~dequacy of the vslue of the property mortqa9ed w to the solvency or i~solv~ncy of said MORTGAGOR or th~ d~fK?dant~, ~nd fh~t-weh
ranes; profi~s, income, iuues snd revenues shall be ~pplied by such Receiver saordinp to the li~n or'~quity of wid MORTGAGEE and th~ pwctia of wch ~
Court.
8. To duy, promptly and fvlly perform, d'acharye, execute, effect, compkN, oomply with snd abid~ b~l ~+d~ and w+ry tM atlpulatioM„ prNn~nM.
conditans and tovea+nts in wid promissory note ~nd this mortysge set forth. ' -
9. That in ths eveM the awner:hip of the mortgaped premises, a ariy psh thereof, becwnes wtt~d in a pirwa qh~[ th~n th~ ~ORTG/?GOR, tl+~
MORTGAGEE, iri wcceuors sod auigns, may, withovt no~ice to the MORTGAOR, deal with such svaNSw w«+aKSOr in, ir?ta~at with ra'f~nnu to thb
morrgspe and tl+e deb~ hereby secured i~ the same manner u with Mwtgaga without in any way vitiatlnp w dqth~r9~np tIN MoN9apon' I(~Mlity Mr?
under or opon the tkbt hereby aecvred_ No sale of the premiscs hereby mwtgaged and no fwb~ar~no~ on th~ put of tM MORTCaACaEE or ks wota~ws
or assigro and no extension of the time fa the payment of the debt hereby secured ~iwn (>y the AIIORTGAGEE u ita sucqs~ors o~ astipM, shall op~r~b
~o release, di~chuye, modify thange or affect the wiginal liability of the MORtGAGOR iiat~, ~ithN in wlwl~ or in p~rf.
10. It is spec~fically agreed that time is of the essence of this caur~ct and tMt no waiwr of N?y obtipaYan huwnder or of iM oblipation ~r
NfQd FIlfl~ fFNII it ally TITC 1ANNf~Qf be I~eld fo be s waiver of the terms herwf a of the instron»m sscw~d twby.
11. In add~Yan to the iorego:ng monthly payments of princ:pal and interest required by tlx pomi note secured hereby, morfqyor Cownanit
~ and agrees to pay to mortgagce with esch monthly payment an additional ium estimared by mortya~~ t s~equ~l to 1/12 of the ~nnwl oat of th~ follow-
' ing: .
f A-All real property taxes kvied a assessed ayainst the above descri~ed reel estate. .
c.
~ B-Premiums on fire and windstorm insurance as herein requ~red to be carr"~ed on the improv~menri sitwt~ on 1M ~bov~ deWibed p~emiNS.
f C-Premiums on such mortgage guaranty insurance as mortgagee shstl from time to time deem fif ro urry on iM loan wcur~d h~t~by.
~ Mort9agee shall from time fo time notify mortgagor i~ writing of the amount dve and payable Mrwnder and tuch wm shsll M»rwpon b~ dw ~nd
~ payable on the d~?e date oi the next monthly payment and each successive month thereaNer vntil mortyspee shsll notify mortQ~gor of • chanp~ In svch
ar„ount Such sums shall be applied by mortgagee toward the payment of re~l property taxes, insurance premiwns, and mortyap~ ~uararMy inwtarw
premiums.
~ IN WITNE55 WHEREOF, the said MORTGAGOR has hereu~to set his Iwnd artd sed tM day and ytar Mt aforaald. ,
Sipned, • ed in the presence of:
e~ /a+c~ 8 9 . ~ ~
~ ? q E
e s a 1 L nd q ~
STA1E OF FLORIDA ,
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courm oF St. Lucie
e~f~ oy ,~u~a Jame s R. Lundy ~„d ;
Sa ~y a Lundy hi, wife~ to me M?.,, ,uwwn ,nd kr,ow~, w„~, „ b. ;
the individwb dest?ibed in and who ~xetuted the for instrum~nt, and ackrwwled~ed befon me that th~y ~xKUt~d the s~rns for tht purpwes {
therein ~xphssad. /4id tFN NiJ ''S811y """3ay
„,;re of ,ti. „d Jame s R Lundy - ~ , ..p...t. .~a aw.+.
examinsYan by me ta4en sepanee and apart froin her said husband, adu~owledped to ~nd befors me that she exeMed said iiutrument haly and voluo-
rarily and without ~ny compubion, constraint, ~pprehe+~sion or fear of or from hs~ said husb~nd.
WITNESS my hand and officisl seal t~ ~ d+y of A. D. 1~1~..
~ 'y~;:~=
. Nof~ry Publk in ad for th~ af~ of ~
My Commasion ~xpira: : ~j 1 ~ .
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Firsf Fed~ral Savkgs 3 tosn /lssociatan I~OIatY P~~!-1'C. S~S~~ 0~ ~1~ it ~if~! ~ 7~•~ I-
of Fo.~ P;~.«. ~Illy C;,..,.. - r. Expues Aprd 16. 14b9 ~/G
j~ c:' ~
'~tECORO D I~ae~! Es A+.:.,c» iw ~ G~~~ Co- - / ~ . ~ ~1 ~ . ,
~~1YLJ ~ ~ , ~ . Q ~ •
ST. ~UCIE COUNTY. FLA. ~ .
f~GCQ=i7 VEi~IFICO ' ~
- -15`~~
'6~ AUG 30 AMI 9: 2 I .
i~ilG:. R f'UITR~S
CLERK CIRCUIT COURT _
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