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To plact u~d oontimw~ly keep on tM 6uildinps now a Mreah~r ~ituatt on s~id I~nd snd on all pulpnNM ~nd pwson+~N aownd by MH nw~1O'
with ~11 pr~eniwns ~hsna+ p~~d in fu14 fin iniur•nu in iM ~wal s~udud policy fa~n~ in • swn +ppro~d b1? ~~Tth~ MORTGI~SiEE ~Y
inw~anc~ in fi:e ~swl uand+.d pol~cy fam, in a wm spprowd by th~ MORTGIIGEE, le wch oompanY ot oa~i~aNM -
dir~cts and all fir~ ud winibrorm inwranc* policies on u?y of s~id bvEld~, ~ny inh~at tliuei~ w pwt tMrwf, M tM apqrp+t~ ~wn afa~id ar
In ~xc«s tMrwf, ~MII contafn tM usual standard m«~ga9ee clavss a such othK daw~ as tM Morq+pN m+Y nquin. n~+ki^Y w~
cie~. ~ad~ u~d ~vKY. WYabl~ to said MORIGAGEE u~n iMeres~ may ~pp~+r, and ~ach K?d w~Y wd~,Pajh? sl?~il b~ p~anptM qs~p^~d ~nd d~liv~~d b
~ny Mld by s~id MORTG~IGEE ~s furthK sewrity ro iaid mor~ap~ dsbt. ~nd. not ks~ tlwn ~~n l10) days in ~dvu+a of tht ~~+tion of ~ach po1kY. to d~
I~ve. to ~aid MOltTGAGEE a rtMwal the~eof, topetMr with • recapt fa ths premium of wd~ r~~+rwa~~ ~r?d tMh si++ll b~ no f'~n o~ windttom~ Maw~na
placed on any of said bufWiegs, ~oy intaest tMrein or p~r~ tF?ereof, vnleu in tlK form and with tM bu par~ a ~for~said~ and in tiN ~veM an1? w~n
of n+c+e~y bscon~ p~y+bl~ u~ wcfi policy a pol'Ki~s said MORTGAGEE shall Mw tt» option to naiw and y~ply tM aMn~ on ~ccow+t of th~ irwMbad~
~ess ~ecw~d hK~by p W permit aaid MORTGAGORS to ?eceiw u~d us~ N a ~ny put tMreof for otMr purpos~. without the+eby waivinp or imp+in t
ing any p~ity, lien or rght under w by virtue of ~his mortya~: .nd tn ~h..vent s+~d ~I?ORTGI?GORS shall fa. aMr n+wn iul a k..P ~h. wW p~«nba so ~
insured, o? fail b deliwr promptly u~y of said policies of insunnce ro said MORTGAGEE, o. rati ao~~y w P+r t++~h w«ntu~+ rMnfa a 1^ Mqr
u
re~pea f~il b pKform. discMrp~. ~x~cuM. ~ff~, canPlet~, complY with ~nd abid~ by this eew~. a+~Y P+~ lwrwf, s+id MORTG/?GEE may p~+u +nd +
f~ I funouM of ~ach and ~wry wd? p~yment~thah
11 b~ aimmediafaly dw and pyabl~ and sh~l~btar int~r~s1 ham th~ ~ 1MtwFfuofil pa~fir t~a d1 ~
~;n~ pe. unn,m pa uuwm and ro~Nher with se,ch interesr shall be secwed by iM li~n of this morqap~.
4. To petmit, ownmit ot wffer ao wute, impaLmsnt or d~teriowtan of aaid prop~rt~t ar +n1? p+A tMt~of.
S. To pay all uid ~irgulsr tM cosn. chirpes a+d expenses, incl~dirg a roasa++bis ~ttornsy's fN and aost~ of absaaet~ of Ntl~. incurnd a Wid a
any tin+~ by s~id MORTGAGEE. betsuse a in the ~vent of the f~iluro o~ th~ pan of tM s+id MORTGAGOR to dul~r, pompth? ~nd fvlh? P~amb d~9~
execut~, ~tfact. oomplet~, comply with and ab:~ by ~+ch and every tl+e stipul+tions, apre«rwpts. aooditiora. aed wv+n~n» of uid pranisw~Y no1~ +nd th4
mwr9+y~ +nY or eitha. and s~id c~ts, charpes and expenses, each and ~vary. sMll b~ inrnediat~ty due and p~yaW~t wMtMr a not tMr~ b~ notio~ d?
mand, attempt to aolkcl ot wit pendingj and the fvtl amount of each and e~wry wch paYn!w~t shall be~r int~nat fran th~ datt tl~~of uMil pNd N th~ ~
.aie of nlew per osetum pa anrwm: ~r~d all said costs, charges and exper?ies incurnd w p~id. 1oy~thu with wd~ InNt~af. sh~ll b~ ~Kw~d b~I thi ~t of 1hY ;
mort9+p~, . ~
4. ihat in tM went of ~ny beach of this Mortya9e or defwH on tM part of t!r MORTGI?riOR. w(b) i~ tM w~^t a~y of wW twm of moM9 ~
herei~ ~~fened to be nW promptly and fuly paid within thirty (30) aays next atta tht s~rne sever+lh b~to~M d~! M~d piy~W~. w~th0ut dNM^d a no~~.
or (c) in ths ~veM exh u~r! every ~he stip~lations, sgreen+enn, conditions and cownsnb of s~id prantaory noh ~nd this n+o~~0+p~ M1~? a dtMr ue eol
iuly, prornptly and fully performed, dixharged. ezecvted, effectsd, compkted, canpli~d with and ~bided ry, th~n N~itMr a ary wd1 ~wnt tM s~W ~ t
gregate surn mentioned in s+id promissory note then remainirg unpaid, n:~h tnterest aarwd, ~r?d all mo~wys s~wnd.lw~by. thall b~oant dw and p~y~ ~
abie fwthwitA, or thereaher, at t!K opr'an of said MORTGAGEE ~s f~lly a„d completety u if all of tM ~aid tunu of ewrnr vwn oriOMN~~Y ~tipvbt~d ;
to be paid on s~d+ day. ~nythinp in said promissory note or in this MorfyaQe M tM contrary notwitMtandinpt and 1l~a«~pon or 1M+NffK ~t th~ Option of ~
seid MORTGAGEE, witF~out notice a demand. svit ~t law or in pvity, tlmrefon or tMrs+ftK b~pwb nwr b~ Pra~a~t~d M N all mo~1h Nwt~d I~bY
had mshrnd prror 1o its institvtiat• 1
7. 71at in the ~vent that at tM bq~inniny of u st sny time penfiirg sny sun upw~ thb NAor~p+p~• a to 1pKloM M. or to Hform h, or to ~niwq ~
paymenr of any dsims Mreunde., said MORTGAGEE shall apply to the ~ourt luvinp iw~sdrction thKwf fa/ th~ ~poiMn~M of ~ R~aiwr. ~uch Cowt fh~lt
forfhwith ~ppoiM a receive~ of sa' mwtgaged propertY all and sinpulu. includ~rp all and si~gular th~ inoom~. profitr. Msw~ ~nd hvM~w~ from wha1~~?M
source da~ived, esch uid every o~which, it beirg expressly understood. is hereby mortg+yed +s if fp~cifiul~l? ~N fo~th ~nd d~tri~d M Ihi W~ntlnp a~d
habendum dauses heroof, and such Receiver shsll hive sU the boad a~d effective fvnct~orw ~nd powtn in ~nYM?fN ~ntnat~d bp ~ Cour~ ~P a R~aiwr. ~nd `
iuch appointment shall be made by s~xh Court as an admitted eq~ity and ~ matta of absolute ripM to wFd AAORTGAGEE. and withouf ?~h~ to tiy t
adequscy or in~deqwcy of the value of ~he p?operb mortgsged or to the soheecy w in~twncy of said MORTGAGOR a N» d~f~ndaM~. +nd that wd~
re~u, profin, incane. iswes and revenues shall be applied by such Receiver aaordinp to th~ li~n or pvify of Mid MORiGAGEE and tM praetio~ of wd~
Court.
8. To d~rly. Pro^~Ptly and fully perfwm, d'ischarye, execute, effect. oomPkte. aomplY whh and abid~ by wch ~rd ~wry fh~ sfipul~tloti. ~ptNnM~b.
condiYans and care+~a in said prombsory note and this mortyage set fwth. ' ~
9. TMt in the svent the ownenhip of the mortgaped premises. w uiy p~rt therwf. beoom~s wsf~d tn ~ pKSOn orh~r than tM MORTGAGOR. th~
MORTGAGEE, its wcteuors and assiyns, msy, without notice to the MORTGAOR, d~al with tuch wot~or or Woasfor. in &~tNat whh ~efKNK~ to thb
mortgaye and the dcbt hereby setured ~ the same maro+er as with Nbrtgagor without in ~nr way vitiatinp w fiad~ryinp th~ Mat9+0a~~ li~6ility !w? ;
~nder w upw~ the dcbt hereby secured. No sale of the Fremises hereby mortgaged aed no forbtarano~ on th~ p~rt of the MORTGAGEE or ih woC~atoq_
or assigro +~d no eatension of the time for the payr?em of the debt hereby secured y'iw~? by ~ir tiw7R?CsACsEE or Ns sucasson ar,ptipeM„ ~h+ll op~rab
ro release, discharye. modify change or affect the original liability of the MORTGAGOR Mreiil, ~i(~er in whob a M~ Put.
10. It is specifially ag~eed that time is of the essence of this contract and th~t no waiwr of any obliyation I~a~w~der a of th~ oblip~tion w~-
cvred hereby sMll st any time thereaher be held to kx a waiver of ths t~mn henof a of th~ &atr~t Hcw~d Mrby.
11. In add~tion to the forego:ng monthlY paymer+ts of princ:pal and interest req~rired by the promissory nots secu~ed hersby, mortpapor oowMnls
~ and agrees to pay to mortgagee with each monthly payrtxnt an addi~anal sum estimsted by mortya~ae 1o be pw) f0 1~12 Of tlw anrwal tost Of fIM fdbw'
ing:
4-All real property taxes kvied or assessed against the above deitribed rNl e~tate.
'i B-Premiums on fire snd windstorm insurance as herei~ requ~red to be orried on the imprownNnri sitwte on NN ~bov~ desuibtd p~MniNS.
~ C-Premiums on wch mortgage guarsnty inwra~~ce as mwtgsgee sha~l from time ro tim~ de~en fit to urty an Nr ban ~p?nd hrnby.
~ Mort9agee shall from time to time notify mortgagw i~ writing of the amount due and pay~ble h~reund~r and suth wm sh+ll thenupon b~ dw ~nd ~ :
~ Fnyable on the due da~e of the ne:t monthly payme~t and cach successive month theresher until mat~ape~ sh~ll notify mortq+por of • tlwnp~ In such " ~
amount. Such sums shall be applied by mortgagee toward the payment of r~al propMy taxes, inwnnu prNntwns. and mo~f~ap~ pw?snh? Insunnt~ ;
premiumf. ~
IN WRNE55 WHEREOF, the said MORTGAGI?R has hereunto set his hand aed se+~ tiw d+Y ~nd Y~+? firat aforp~W. ~
Siy S~aled and deliv in the p?esence of: . ~~~~f/ ,
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~
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STATE OF FIORIDA ~
J ~ u, ' I
cos~Nrr oF Sai nt Lucie '
i
defors m~ perwrWlly app~and ~'~_S~~S.tOIt .^.OPfey and `
N~omi Tedder CofPe~ h;, w~f., to m. w.u known ,~a know~, w m. to b.
the individwls desuibd in and who exeurted the forspoirg inst?umsnt. ~nd adcrwwfedped befw~ m~ th+t tMy ~x~wt~d 1fis s+m~ fo? th~ P~P~~
therein expressed. And th~ aaid Ng~mi Tedder C+OFfAy
wife of tM ssid ~norg Spepgt~*+ ~nffe~ - . ~pon • s~parat~ and priv~tt
examinaYan by me taken sepsrate and apart from her said husbsnd, aduawledyed to snd befon m~ thst shs ~aecvfed s~id irotnxneM fr~ely and volu~
rar~ly and without aMr comp~lian, corutr~int, apprehe++s~yhor fear of or from her aid Mn~oand.
WITNESS my h~nd and official seal thi: 2ot d~y of A. D. 19~
sry Publk in ~nd for tM Sfat~ of Horida d lupt
. ' , ~~,i„ . Mr Carwnitsion ~xpir~
Retum Ta " ` _ . . • .
Fint Fed~rs) S~virgs d~ l,osn Associalion ~ . ~0{~ PI~K. Sbk O~ AOlldi it ~
R~Ep ` ` ~ly Coaniss;a, Exp;res Sept. 23.~
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