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TO pl~ M1d ~OIMMNIOII~Y ~~MP 011 111~ blli~ 110w W ~MtNhN ~ihlaN On Nid lind ~Ild on ~II pYtpMl~f aeld p/ff01M~~ advM~ ~~~a'
p4 wbh ~II pnnJwM thenon psid is iul~ fin infwaea in 1i?~ uw~l il~ndsrd policy fonn, ~n • ~wn ~PProwd OU 11N M4RTGAGEE. ~nd windqanw
YMw~na M N» u~wl a~nd~d poGry foreh, b a w~n app?ov~d bY ~At MORTGA~iEE. in wd~ aoMp~nY o~ ao~P+^~ as th~ MORTCAGEE nwy
dind~ and dl tin ~nd wi~loe~ insw~na Poli~ia an aW of uid buildnp;. iM~nst MrnM+ a p~r~ tl+Kwf, N ~M ayOrp~M ~wn ~farNaid a
M~xaa dw.Nf. ~lwll oaaain tlN uwai a~nd~rd n~orlp+pM dauN a wd~ aM~ daua~ a thi Morp+pN m+t? nqvv+? ~MY H» loss wwMr ~aid PdF
ciM„ tach ~nd wKY. P+Yabl~ lo said MOQTGACsEE a it~ IrN~at ewr ~pp~w. «+d Nch and ~rKY a+d? Polk~l sMil b~ p~on~pN~? +a9Md and d~livw~d te
wfy h~W b~I iaid MORTG~AGE~ N fwlhN sKwtb fo wid mwtp~ d~b1. aed. eof bN 1Me t~n l10'l d+Ya In adv~tK~ Of f!M ~upM~tiOn of NtA poNcl?. M dr
livw b ~aid M4RTCAGEE a?~ryw~l tM..of. to~rhK witl? a nc~ipt fa tM pnn+iw~ of such r~rwwa4 Md ~lwn ~H b~ ~a fir~ or wind~ta~n Mwx~na
plaad on Mry? d said bdldinp~+ anY int~Mt 1Mr~in ar p~A tMnoi. unl~a in N~ br~'snd with tM loa par~bN a afon~+id~ ~nd in th~ ~wM +n11 w~+
of ~oe~Y ~ WY~bN wwl~r wd~ poliry or polkia wW MORTGJIGEE sMU Mw t!» oplion w naiw and +pp1r tM uen~ on aooowu o1 tM ind~bNb
nw Ncw~d h~nby a t0 pnmM s~id MORTGAGORS b nalw ~nd uN M a any part thtnof for otF~e~ purpaM. without thaab/ waivin~ os ienp+it~ .
M~p +n1? puih. li~n or ~ipht wwlK a b~? vkn~ of tN~ nartt~+pu end in d~ ~wM wid MURTGAGORS tiA+ll fa ~n1? na~a? fail 1o kMP tIN aid pnn~ w
iraund. a tail to eM1ivK {xomptly oi wid polieiN of i~aunna w wid MORTCAGEE. a f~il promptly to p~y fu1H +~Y P~ium tlNnfa a In a~r
...P.a f.U a pKtonn. dadw~. u~.cvft. ~fha. co~PM+~• ~^+Ph? rvith and .bidt by Mds aownant. w any p.n Mr.of. said MORTW?GEE in.y pba a+d
P+Y fa wd~ MwKano~ a any part th~rwf wiMow w~lvinp a~fhctkq +n~? option, ~~b. «~t urdK a by virtu~ of thb Morqap~. and tM
full MnOwN Of tKh Mid ~v~rp weh MYn+MM th~N b~ inw~di~Mf? dw and p~y~bM and ~hi~l b~ar teq~rMt from MM d~N fMhof w?IU pdd M tM ~~N OI
Nm pa anh~n p~r ain~re and top~thM wni~ wd~ int~t ah~lt b~ Mcwrd b'f? th~ li~n of thit I~wrtp~p~.
To p~it, mnndt w wff~r ro w+at~ MnP+knMnt a dN~ria~tfon of Mid ProP«b a? ~^Y P~
S. To pay sU ~nd ~Y~pular th~ ~oost~. clwYM u~d ~xPs~w~, M~I~d~ ~ rwwn~bl~ ~ttormY'~ fN ~nd aosh of ~trKta of titl~ incvmd or p+id N
any tLeis b~l s~W /NORiGAGEE. b~cauM a in 11K ~v~nt of th~ faik~n on t!r P~rt of tM aid MORTGAGOR b duly. Pra^PNp snd ivUY P~~ ~
~a~cvl~e~ ~ff~d, ca~Pbt~, aomplY wi~h and abid~ bI? ~ch ~nd ~vKp ~ stlpuldion~. p?~me^y. taditiam. and oowmnb of s~id promi~ary noN and thi~
nwrpp~ +~w or «~Mr. .rd ad costi. dM?~a +nd ~xp~a.~, «ch and w~ry. ~Ma b~ imm.d~afsly dw and pnr~bbr wMtM+ a nw tl+u~ b~ nwki d?
n~aed, ~ to odl~1 a aBt p~iep~ +nd th~ ivll amaint d~aeh ~nd ~wrl? wxh P+YmMt sh~N b~ intenst kan tM d~?~ N~erwf wNil p~id N th~
rah of e~ prr c~ntan p~r ~nnwry t~d all taW ab~b. d?+rpa and ~xpMw i~a+rnd or Wb. top~~~ with ~ud~ iM~f. shiU b~ Npu~d b~r 1M li~n of tlw
~q~
d. ltwt Tn 11w w~nt of any b~ad~ of tNs Maqap~ or d~fauh on 1~e parl of /M MORTGAGOR. w(b) in tM w~d ~ny d aid wn+a d moMy
Frnin nt~.nd a b~ ea~ praeptb and fuly p~d wi~hin thwty (~0) d+Y+ n~x~ afnr tM s~ Nvually b~ean~ dw ~rd pay+blR..wtthout dMnw~d a rwHo~
o. W In tM ~wnt ~ch and w~y fM stipvlatioro. +~~eeM^t~, oondiHona and aov~nq of w~d p~aniswry not~ ~nd Nra maq+p~ an~r a~itMr ar~ na1
~+h. P~^PtM and fuly p~rform~d. d'aclurpad, ~na+t~d. ~ffid~d. compl~t~d. aanpl»d vmtA a~+d ~b~ded d1r, tlwn in ~itM~ a any wdi svwN tM uid a~
prq+t~ swn m~ntiaw! in ~aid pranis~wy noN tMn ~inieg w~p+id. with inrupt +euwd. and all ma»ys taund lwr~bY. ~11 b~oonr dw and Wp
~bl~ torthwith, or thKwfta~. d tlr option of said MORTGAGEE. a fvlly ~nd canpbt~lY ~s if ~II of N» saW wms of momy ~wK~e aipindly ttipulated
ro b~ paid on wd~ dry. anyrhGg N aid p~omiswry noM or in thb Mortyap~ ro tM oonnary nwwithu~nd'a+ps and thar~upon a tMr~ahN ~t th~ option of
s+id MORTGA('sEE, wiMout notic~ or d~nand. wif N la~v or In ~quity. tlwafwe ar 1MrtaftK b~pun, m+Y ~ P~~w~d p if aU nwMys ~cur~d Mnb1?
had nw~w~d pr'ar a in tmritution.
7. TMt in tM swnt that at tM b~yMr+inp of or d~ny time p~ndnp ~oy wit upo~ thb Maty~p~, a to ioreclas~ N, a fo rtfonn R, a b~nfora
WY~~ ~ ~~I? di~ms h~r~w~der. wid MORTGAGEE sMll pply to th~ Cowt h~vinp j~?radiction tMreof fo~ tM appantm~nt of ~ R~oeiwr. a+ch Couit sMli
f«tliwith appoint • neeivM of wid mortyap~d propMb all a~d w+p~rlar, M~eluduq ~II ~nd sinpvlat tl» a~com~. Profita, is~ws ~nd rtv~nws froen wlwt~vt?
aovrn daivad. each and ~very of which, it b~~np ~xP?e~lY und~rstood, a he~ebr mor~yaped ss if s~cifiully ~et forth ~d dNCrib~d in th~ ~rauinq and
hsbeneluen dauws Mnof. ~nd wch Rat,~iwr shatl haw al! tlr brwd and ~ffactiw fimctions ~rd porvers in anywise ~Mrusted by ~ Cowt to ~ Rsaiwr. ~nd
wcF~ sppotrtmwnt sMll n~a~M by wd~ Court ~s an ~dmin~d equity ~nd a mmer of absolute ripht a wid MORTCAGEE, ~nd witF~oi» r~fera~o~ to th~
~acy or in~d~qwcy of the v~lw of tM PrbpKb n+oNy+ped or to th~ savsncY a insolwncy of s~id MORTGAGOR oc Me def~nd+nts. s~+d th~t wch
r~nr~„ Profib. inoom~. bsues and tw~nu~s shall b~ appliwd by wth RaoeivN ~coord'ug to th~ lia~ a puity ot said MORTGAGEE ~rd tht pnctia of wch
Court. .
a. To duly. P?anWb +^d fulh? P~rio~. disd~u~e. acecute. ~ffecr. oonpleb. oomptY wi~h a~d abide by ~+ch ~nd w~y dr stiq+latiaa. +D~.
conddiora and oo~r~nb in s~id promistiory not~ and tha ~nortpsp~ sN forth. • r
9. Th~t in th~ ~wnt th~ ownershtP af th~ enortp+ped Pnm~a. a+^Y P~ ~~f• becomes vesNd M ~ puson otlw~ tMn th~ ll~Oll'TCsA~30R, th~ t
INORTGIIGEE, hs n?cn~swrs and auiyns, m~y, without nwice to tM 1NORTGAOR. de~l with such woauor w wocessor in inten~t with referenoe to thb
mortp~p~ and th~ drbt Iweby seaired in th~ saem n»nner as with AI1or~~~por without in any way vitiatinp a d'acharQinp tfi~ Mort9+yw~' Ilability h~n~
v~+ie~ or ~Kwn the deb~ hu~bp secw~d. No s~k of t!r promises hereby nan~ap~d a+d no fwbNwnoe on tlw pu~ of tM MORTGAGEE a its wayssws
a assipro and no ext~nsion of tM time for th~ psyment of the ~ebt hK~by secvred yivw? by rM 1MORTGAGEE w its woo~awn or assipm. ~Iwll opaaa
ro nha~e dacAarpp mo~fy dwnp~ or .fhct fl» orgin~l liab~liry of the MORiGAGOR henin. ~itha in wiwb a in puf.
10. N h specifkaly spreed that tLne is of th~ es~ence of this caaract snd tMt no wshra of any oblipation h~r«x~der w of tM ablip~tion ar •
a,nd Iw~*by sh~ll at ary tim~ tF~eaftK be Mld to b~ a w~iver of tM t~nm hsrwf a of the GntrurMnt awnd haby.
11. In additqn ro th~ fw~go:ng monrhN Paymenn of ~i~c:~l and interest ?equired by the promis~ory nole aecwed hereby, mor~ypor ao~v~ms
. and ~yra~s to p~y to morty+~e~ with esch monthly payrrnnt an ~dditiaul sum estimated by mortyspee ro be eqwl b 1/]2 0# tl+e amval cost of ths folbw-
irg: . .
A-Atl real properry tsxes kvied or ~uessed spsimt the abow descri5ed real esf~te. _
6--Premiums o~ fin snd wu~dstorm inwrarKe as herein requ'Jed to be wrried on the improwments sitwte an ths abovs desuibed pranis~s.
C-Premiwm oa s~ch rnort9+ye yu+~areb i~awance ss mortysyee shall from Y~ms w time de«n fit to cury oe tl+e loan secw~d hereby.
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_Mort9a~es shall from time ro time nwify mwtgayw in writinp of tl+~ smount du~ and pay~bk hereurwler snd sucb wm shsll Merwpon be due and
i p+Yabt~ on the dw d+M of th~ eext monthlr payment ud esch wcoessiw month tFMre~fter un~il mortpsye~ sh~ll ootify mort9~pw of a charge in wch
I amouro. S~ch sums ah~ll be applied by mort~ee toward th~ payrn~nt of r~al propsrty tax~s. Mwpnos pramama, and mwtp+pe pwranry i~swann
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- IN WITNESS YVHEREC)F, the s~id MORTGAGOR has herwnto s~t hit IWnd and ssal ths day and ytar fint aforwid.
Siyrre~, S~~I d ~Uwr~ in th~ p.~ ofa ~
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STATE OF FIORIDA ~
SS.
courrtr of ~Ai r~t . ~ _ie
~ ~ ~,p„iy . W. S . Gric e _ ,,,a `
Alva-Le e~ri ae hi, M,ir., w R,. vwl~ kno~, ,na aaw~, to m. ,o b. j
tM in~vidwb daa~d b and who ex~cut~d ttw forpoirg ~.~nd ~cknowl~dpd befoh rn~ MMt ttwy ua~uud th~ wn~ fa tht purpa~a ~
~r,...~, ,y,d ..i~ Alva-Lee ~rZce - F
wif~ ot ,n. W . S . Gri ce . ~ . ,.p..,» «+a ~ ~
examimtioe b~r nw qka~ wpar~N ~nd ap~rt fran ha said Iwsb+r~. Kkrwrrbdped w u~d befan m~ M~t sM ~1~d s~id irohuen~t fndy ~nd volutf
t~riy and wiflwuf aryr oompukfa4 consf?aint, appteh f~~
iw of or iratn hr wid hwbnfd. . ~
WITNESS m~r iw~d ~nd offiti~l s~al thk i~ d~Y A. D. 19~
Notsry P ic in ard fw 1h~ St~ of Florid~ ~t 4rp~
My ~
R~hRn Ta
wa F.d...t swirgs a to~+ l4soct.r~on • • . .la:arv !u'.~t. State oi Fbrida at Wp~
a F«+ rK.c.. , ~ ' i~Ay Canmissaa Anq. 6. 19J1
fwt Piw.oe. Fbrda 1'+ ~sed~9lY~ifs~la~iY
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_ . = RILED AND RECORDED _
- : I ~ rs i4 : $T. LUCIE COUNTY. RLA. -
= • Ir- • ~ = - RECQRD VERIFIEO
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_ s~ '6t SEP I I AN 9: 30
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~ Hoc,~~'~oi~as
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~ ( , ~x~~D p~Ct~~IRCUIj-~OURT
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