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To P~ and aontinuovsly kNp on tM buil~gs now o~ I+K~aft~r ~itwN on aak land and a+ alt puipn~n ~nd pNSOn~lly cova~d by thM na~p~
p,, vrith alf pr~ tMrwn p~id in fu14 fin tn~w~na h tht wwl ~r~rdwd i~lirY fonn. ~n ~ wa+ app+owd by tM MORtW1GEE. aad wtnd~tone
Mawana M tl» ww) srw+dard Policp fornn, in •~wn ~pprowd by tM MORTtiAGEt; In wd~ oomp~ny or oompa?ia a tM N?ORTW?(iEE nwy
dincq a~d ~II fin ~nd wi~ktonn Mwutana polici~s on any of s~id buiWuKp. a~r (mw~st tMr+in a p~rt tMnof, in Ih~ ~p~N swe ~fona~~d or `
M acaa then~f, sMll oontaln Nw wwl »andard mortp+pN tbu~ or wd~ wl?w dwN a 1M Alb~t~pw ea~Y ~+V~+~ ~0 tM bw wd~ uid po1F
cip. wch ~nd ~wry. WYaW~ b uW MORTG~GEE ~t ib intK~tt nNY +f~at. a~d Nch ~nd ~wry wd? polky ~hall b~ pramptly +as;9Md ~nd d~liv~d to
~ny held by ~id MORTGAGEE p furtMr Nw~iht to said mo~tpap~ dtb4 M~d, ew? iw tFwn t~e~ (10) daya in Hlvanq of tIM ~xplwtion of Nd? Vak11. M dt
IMr b wid MORTGAGEE ~ ren~wal tF~w~of. wp~tMr with ~ naipt for tA~ pnmiwe of wd~ r~walj ~nd tMn shdl b~ no M ar wi~tp~w M»u~a~p
pl~ad on ~r of wid buildi~+as„ ~ny Mt~t tMnin or prt tM~of. unMa tn tM fam'aid with tM Iws payabh as ~fw~wtdt and in the ewnt any w~n
of +non~Y b~ooma payabl~ ~N~d~r wd+ polky a poikNs atd MORTGAGEE shaN Mw ~M option to haiw ~nd ~pply th~ ~+n~ on ~ooowN o~ tM 4wl~bt~
n~p Ncw~d ha~b~? a!0 p~rmit ~aid MORTWIL'~ORS b no~iw and w~ h or any pat tMrwf fa wher pwpoaH. wi~hout th~nb~ w~(vinp a impair~
~+~Y ~~h?. ~i~n a ripht ~ a~ by virtu~ of th~ mortpap~t ~nd In ihe ~vsnr wid MORTGAGORS ~11 fa any ha~on fail ~o kNp ~M ~+1d prani~a so
Mwa~d. o? fail a d~li~rer pomP~M +M? of s~id Policia of imunna ro s+d MORTGAGEE. w fait P?~PM? ~o W9 ~~h ~N Pnmiwn tMnfa a in anp
n~qet f~tl to pafoan, efneh~rpt. ~x~euh, ~fhd. eon?PIN~ ea~piy with M+d ~bid~ b~r tl~ oown+nt. a a+y pa.t lw~~of. aW JYIORTGAGEE m~y pba ind
Wr fa ivd~ M~w~no? w+e1r P+rt tM~wf wMhout w+hin0 or +ffKti^Y +~Y ~h. a~ipM unda a by virtw ~ thk Mortp~p~, and tM
fuQ Mnaint of ~acA ~d Mry wd+ payawM ~hall bit immdiN~l~? du~ ~nd p~~bi~ and sMU b~a? BM~r~st fran th~ d~N ttrt~of ~wuU p~id +M tIN raN d
nin~ pK antum p~r smum and topether with wd~ int~t sh~U b~ s~cu?e~bY 1M Il~n d dQs ~norq~pa i
1. io p~Nq coe~nit o? wff~r no wat~, Yrp~km~t a d~Nrioatloe of `~aid prop~rly ot ~ny p~A tMr~ot. i
3~. To p~y ail and Knaul~r tM ~ooab. ch~rp~s +nd •xP~es, indudinp + naon~bl~ mant~v'~ i.~ and aosh of ab~n~cts of titl~, incurnd a p~id a [
any ti~rN b~r wid J1110RTGAGEE. b~cauN a N th~ twnt of tM failvn on th~ p~tt of tM wid MORTGACsOR to dulp, promptryr and ful1Y PKfo?n~, d'achu'p~t ~
uc~wt~ ~ff~d~ oomPleN aort~plY with and ~bid~ i.; ~wch and wKy th~ stlp~~l+tion4 +DrNnKnp. oaditio~r„ and oown~MS of ~+id pron?iswry ~oM and th4
+nonp+p~ ~^1~ w Ntlw~, ~nd s~id cosri,. dw0~t ~d ~xPNw~, ~sch u+d wKy. th~ll b~ inrn~liaMy dw and pay~bbt wMtM~ ar e~t thpe b~ notioi d~
n~w~d, atNe~t W colMtt o? w~F p~f'inpt and tM tult smo~nf of t+ch and twry wd~ paynwnt shap b~x inq?~at ira~ tM daN thenof witil p~id N tM
r~1e of nin~ pb a+~tum pK +muny ~nd ~1i ~aid absts. dw~ and ~xp~ns~s inaKnd or p~id, top~thM with wch inhtat, ahall b~ ~cw~d bp tM I~n oi thil
~b~
6. ilwf in tle~ w«+1 of ~ny baael? of tlw lil~ortpp~ or d~fwtt on tM part of 1ht AAfJRTI'sAGC~R, or (b) !n th~ wN+f
Mr~ nhrnd w b~ oa snY of safd ~wns of momy
P~~+Wh and fuly psid wHhin th~ty (3W d+ys mxt .fr« rh. wn~ s~vaaly b.aan~ dn ud P~Y+W.. vvitAout d~n+and a norice. ~
o~ (d In th~ ~wn~ ~ad~ and r?~?Y th~ sKP~+~+fion~„ ~Onem~ms. oonditiau and oov~nb of aid p~omhsory ~o» and Nw ~
~Y. P~PNY ~fY P~~d. d~sch~rp~d, ~x~a?t~, eifid~d. ~anPbt~d, comP~i~d with ~nd ab'd~d by. tlwn In eitM~ o~r ~ or Nther aM nol ~
~ any suth ~t tlN safd ap~
pnp~N win m~miorNd in s~id pro~nis~ory ~wt~ the+~ nn~ini^D ~~P+~d. with int~nst acuwd„ ~nd ~II m~a~ys a~ew~d Mnby. dwll b~ooe» dw and p~y~ 3
~bl~ knhwitl~, w tMrNha. af th~ option ot said NIORTGAGfE. ~s fuNy an~ compleay a if a!1 of th~ ssid sums of mon~y wen alpin~lly ~tipuland
fo b~ pad on wth daY. anllrhinp in s~d pranitsory nW~ « in 1N~ Mortp~ ro th~ tontr~ry nofwitMtand' ~nd th~r
said MORtGAGEE. without nor'~ or d~nwd, wit at law or h puit~?. thKdon or tF~fter "'Dr ~uP°^ a tl~enaftK at tM op~ion of
haai ~natund par to +ts iiatitvtia~. ~+r a~uted ~s if slt moewys s~axd Irr~bp ~
7. tn.t N tt+. w.nt th.t at d+. b~yinnkg ot o. N.ny rim. wndinp +op «+n wwn +Mts Ma+o+w. « w fo..cto.. M, or w..fwn+ B, a w.nfwo.
WY~M of any daYm lw~ew~d~r, s~id AIIORTGAGEE shall spply to th~ Cou.t F»vinp iurisdiction tl+Kwf far th~ appo~ntmeet of ~ R~caivs~, wch Gowt sMU 3
forNiwi~h ~ppoim a nc~ivK of uid mortyap~d propKty ill and sirgvla?. kidud~np aU and sirgular tF» incorne, profits. issws ai+d r~wnws from wM»vsr t
w~xa dKiwd. ~sth and wety of whith. M l~ieti acpresslY uedastood, is Iw~bY mwlpa~d ss if ~p~cifitaly ~N fath ~nd dMVibed in tM ~antinp and ~
1Nbw~dan dauses Mrwf. ~+d wd~ Raaivar ~hatl h~w all tire broad M+d ~ffeuiw funct~ons and pows:s in snyvviH ernrua~d bp i Caut to a R~. ~nd I
wch appoin~n~m sh~tl be m+de by aucfi Caxl ~s an ~dmi~ted ~quity aed a m~tta of absolu» ripM to • s~id MORTGAGEE, +nd without nfennoe to tl» '
~d~qv~c~r a i~?~d~quac~r of th~ valw of tM prbputy mo~ty~ed w M the wNw~cy w iniolwnry d said NtORTGAGOR w th~ ddendams, and tlut wch ~
nna. wof:n. inoom., iaws ana ..wnws shau a appl»d by wd? R.oeiw. aooord~ny w M~. u~n w.quity ot s.td Moatcwc~Ee .nd rt~. paaio. of wdi
Co~wt. •
S. To duh?. P~Pth and futh? Putonn. ~Sd~uO~. exacul~ eNsct. oomplN~. oomplY ~iritA and abide by wd~ and wery th~ sYqwfatiorn, +Dn~n~nb.
oon~itions and aovenann in said praenasory nm~ and this rnortpay~ set forfl+.
9. That ln tM rwro tM own~rship d the w~orty~d prem;ses, or +nr P~rt tl~eof, b~ooiMS watad tn ~ ptaon oN~a? than t1r MORTGAGOR, th~
MORTGAGEE. R+ sucneswrs and +ssgns. nuY. without notioe to the MORTGAOR, dt+l wifh sueh waessw a wcdawr in inierest with r~ference to this
enoripapt and tM debt herebr sstwad in tht sam~ marrMr +a w+th Mat+yayw withax (n ~ny way vitiatkp o? disdwQlnp th~ 1Nortp+pors~ U~biliry hK?
wd~r or upon M+s debt hareby secured. No s+l~ of tM premises iro?~by mortpaped and no fo?be~rana on th~ pu~ of th~ MORTCs.AGEE` a its wocessas
a asiprr and no ext~nsion of th~ t~me fa the p~yment of tt+~ deb~ hsreby s~tur~d yiv~ bp th~ MORTGAGEE or its woefswrs or+psip~, ~hsll opKaq '
1o t~ ~sch~rpR. modifY dwap~ w~ff~tt tM orgind liability oi the MORTGAGOR' h~rwy titha in wlwle w In p~t(,'
~a e~, .~~h +0.»d th~t tirrK is of the eis«~u of Mts caanct and tlwt oo wah~r of Y~ ~~tttttu:~~t1r;.
~u a.qr oblt~ar• ;~r~~ jf~ ~tion ~r
cw~d h~nb~? shdl at amr tin~ thertafNr M heW to be a w~iver of tfr tKms henof a of Mr irat~u~rMnt sscw~d _h~~~~~ p' ~
11. In addiYan to the tor~o:ng month~Y Wy~h of princ:pil and interest requ'aed by tlw pranisaory rats ~
b WY wifA e~ch moMh1Y P+Y^'KM an addlrion~l swn estimated ~ ~
bY ~++aip+pe~ to b~ equal b 1~
_ . ~ i y ~
A-Atl real proper1y taxa kvied w suessed apai+nf the sbora deicribed real estm. . , /l! ~ 9 s T,,~ t =
6-Premiums on fire aed wi~m inswanoe as hs~ein reqvNed to bs carried on the ic-.~rov~~n sitwt~ on th~ ~
C-Preenw~rK on u~ch mort9+9a pu+nnty insurance u mortgsge~ shall irom tune ro time de~n fit ro carry on ti» ` ~~/~r~"'~,1 ~
MortQ~ee slwll hom time to ~im~ notify mortgagor ie writug of th~ smo~at due and p~yabl~ iwrevnder ~d ~ t~ "~~''I~i d~e`~`+nd
paYabt~ on the due date of the nerzt nanthtY payment and eacl~ suaeasiw month thereafier until mwpapse aMll na' .
S~xh ~ ~
amowM. S~xh su~ sh~Il bs ~pplied by nw~tyapee towsrd tF~ payme~t of rtal property t~xes„ imvrance ~Y- ~
f~ ~n wd~
:t~Mly iNura+a
IN WRNESS WHERfOF, tA~ aid MOMGAGOR Aas ha~eurMO set his hsnd and wal t1r d~y ~nd first aforwid.
SNI~d in tl+~ pr~ of: • R ~C • `
By • . ~'-..~'CLC~f~
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Atteat: Dor a M, edke, Secretary~,
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S7A7E OF FLORIDA COUNTY OF ST. LUCIE ~
1 HEREBY CERTIFY, That on this ay September , A.D. 19 b7 ,
before me personally appeared Edmufld M. Rs dke a~ Do ri s M. Rs dke
respectively a e President and Secretary , of
_ IDMAR, INC, s Flor3de Corporation, to me
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known to be the persona desuibed in and who executed the foregoing instrument, and severally acknowledged the exe-
cution thereof b be their free act and deed aa~such officers for ihe uses and pursoses therein mentiened; and that they
affixed .thsreto the official seal of aaid oorporation, and the said insirument is the act and deed of said corporation.
WITNESS my hand and officia) se~('~~foa=PieFoe :~St. Luc~e F1 ida ry
said aoun and state.
159`~~ EcoR~°~,
F~~p AKD VN~ ~~'p' , Notary ublic, in and for State and County aforesaid.
5.~. LUC1E G~ a~b My Commission Expires: lirt~? ~c. SWe oi ~ ~t [a9e
FtECOR V~ tAy Coinniasio~ Expiru Seq. 23.1%9
yyl, a ~..w. tr. a c.w.r. c~
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