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To pi~ ~+d taupwousN kM{+ a? th~ buildinp~ now I~ftK ~itwt~ on s~td Iand and on ~u ~qvipnNnt ~nd p~r~awlh aovw~d bt? ~~+v~.._ _
p~ wUh ~p pr«ni~ui# thKwn p~id in futl, fin inwr~x~ in tlr ~7w1 uand~rd po~kl; fonn. ~n • wnt ~pprowd bY 1M MORTf3AC3EE. at~d whd~tarn~
Mn+rana M tM usual ~tM+d~~d policy forny tn • wm approwd M? tM MORTC~AGEE. in wc~ comP~^y ~ co^+P+^N~ a tM MORTCaAdEE en~y
dind~ and aN fM~ ~?d wind~lonn in~ura~a Pd~ on any ot Nid build'~p, intrnsl thu~in o~ pKl 1M~wf. M IM ~i~
+loa ur~ s+i~ PdF
in u~aa ~f. ~h+il contah M~ wwl ~t~ndard n~rt9+~ dwN a wd~ o~1Nr dauN w th~ MappN m+1? hquin. ~+kfe~
dw wch and .wry. P+ra~ a aId MWTGAGEE a~ in infKaf ~y •ppw. ~+d tad~ and .wry wd~ Pv?kY sh+~l b. p?anpMr .~sqi+.d and deUv~+.d ro
+~r MW by s~id MIORTGACEE N furllw~ waKi1Y w!+id na~p+y~ d~M. aed. not la~ th~n Nn (iq days in adv+no~ of t!M u~piratidn af ~adr Poiictl. b dM
livw to uid MORTGAGEE •.~w~l ~hwrol. top~th~ with • aaipt fa ~he pnmlum of wd+ nnew~y ~nd tMn ~MII b~ no fir~ a~wind~~am imwwx~
p4ad on of wid buildinp~, ~w~? M+u?~p N+~nin ar p~rt tMnof. w+iw in th~ fona' ~nd wnh tM loss p~y~bl~ a~ ~fora+Mt and in ti» ~wnt ~ny w~n
of ~Y b~oon+~ WYabM w,?dw wch potky a polidN aaW 1NORTGAGEE ~Iwll haw tM option ro~iw w+d apply th~ s~ on aooowq o1 ~M irkMbr~
n~ ~w~d h~r~by p Id p~rmit s~W INORTGAGORS lo np~w ~nd ua N or ~ny part tMr~of fo~ other purposea, without thK~b~ waivinp ot impair-
~Y +^Y ~W~11• IiM+ a ~ipM w~ or by virtw af ~hi~ mat~r ~nd tn the wMt s~id MORTGAGORS shaU fa any nason fail fo kNp th~ wid p~~rniws w
~w.d. a f,~i a d.~sw. ~hr .~n? of MW pOliWs OI IfqW~~lG! t0 Mid MORTGAGEFv O~ ~iil ptOTptly 10 ~Ny ~YIIy i11Y P~NniV~l tMf~Mf O~ M1 M~
n~ fail to pwtaw~ dych~• ~a~cut~. ~Hat. complM~ aanPb wUh and aWd~ b~r dds eov~nant. a any part Mnof, s~id MORTGAGEE m~y plaa ~nd
Wr fa wd~ krw~ a a~yr parf tM?wi witlaul wa1vM+0 a~fi~cti~q aM oWion, INn. pvih, a? ~ipAt w~d~r w by vi~tw of tMs Morq+p~. ~nd tht
fi,ll anwvnt of Nd+ ~nd wKy a+d+ Wyn~M ~11 b~ ~M ~~nd py~bM ~nd ~hail bw M+tKat hom th~ d~N tMrwf umil p~W M th~ ~at~ ol
r~ pN anlun~ pw ~rrwm ~nd to~etM~ with wd~ intt~~st sl?dl b~ s~cv~+~d bY Nw li~n d thM motppw
4. To p~nNp con~~M a wffK no w~sN. M~pak^+~+M a dN~ioatio~n of s+id propwb w an~r prf tMrwi.
S. To psy all ~d sinpul~r th~ rootb. ciw~ ~nd ~xpKa~, indudinp • ew~on+bl~ attorn~y's hs ~nd oosn of ~bsN~ds of titl~. incwnd or p+id d
any tinN b~r ~ald MOrtTG1?GEE. bawN « in tM ~+iira of th~ t~ilun on the pnt of tM ~ald MORTGI?GOR a duly. p.anWh .ad fu~y P..forrn, d~c'.xp~
~x~cuh. ~ffW. aompl~t~. aomplr with ~nd abid~ by ~ach and ew~y th~ uipubtiont„ ~prsemanM. caditio% and aowean~s of s~id promiswry nW~ and tha
narq~p~ ~M? a NrMr. and wsd aosa. dw~s +nd ~xP.nw+. ~+d+ .nd rwry. ~IMU ~ MwMdiillly dW ~I1d Ply~Wff WIIltI1N O~ 110t 1M~~ ~ f~OfiOf
m+nd~ ~tNn~M to eolMet ot suN p~ndmpt anel tM full M!+owM of ~ad~ ~nd ~wry wch p~Ym~m ~11 b~s~ htanit fran tM d~t~ 1Mrwf until paid at tM
raM Of niM pN OMfwll pM M1fMMV M~d all Nid Odt1f. ChM~lf M1d fXpM1M~ itlWR~d p p~~. l0~11Mf wit~1 Wth 1MMMt~ ihau ~ MqM~ by t1N INn a IhN
t!!?f10i~• .
a fi.t w in +~,..wm.of .ny br.~d, of thi. Mo.ly+p. o. d.f.uh on +h. p~rt af d,. MORrcncoR. «(b) in th. w«n .ehr of aw wm. ot mon~
Mnln nhn~d ro b~ nw praep~hr r+d ivly paid within thi.ty t~ dari ne:~ afqr ~M wn~ s~ver~lly b~eonN due ~nd WY+bb. nrielaw ~Mmwd o~ notk~
w(~J in th~ ~wn~ ~+ch ~nd ~wry tl+e stipulariar. ~pr~na~ts. oondhiau ~nd eowsn~nn of wid proenissay nw~ and this morqipe any a eitha ar~ no1
luly, prpnpNy and fuUy p~rform~d, d~schup~, ~x~ouad. ~fficbd. oomPl~hd. oomP~wd with s~+d ~bided ~iy, tl~+ in eitha a any wd~ w~m tM wid ap~
prp~t~ swa m~miaMd in s~id promissory rwt~ tMn ~ininp w~P+W, with intanst aarwd, and all mon~rs s~cw~d hu~by, tMll b~conr dw and WY~
aW~ tonhwi~h w tMn~ha. at fh~ option of said MOItTGAGEE. a fuly and canpMaly as H~11 of th~ s~W w~ns of mon~y w~n oripin+lly aipu4ted
a b~ paid on wch d~y. +nYthinp h s~id praniaay noM or In this Mo~tq~pe to fh~ confary notwithaandieps ud tlwrwpoe w tlwrNhM at tM oWion of
~aid NIORTGAGEE, without ~wtia w d«rrnd. svil N I~r ar in puity, therafan o? th~rt+fler bpw4 nwy be ptw~cvqd a~ if ~II a~omys waind h~nb1?
h+d m~tund Pria w ita tewitution.
7. ?Mt in th~ wse?t th~t at the bpirr~itg of q ~t sny tun~ p~nd'r+y ~oy wit upoe~ this i~iwfyap~, or to for~tlos~ N, or b refonr N. o? b~fo?p
payenent d any daam Iwtued~r. s~id MORTGAGEE ~11 apply to tM Court Mvirg pwiidictia+ thenaf for tM ~ppantmMt of ~ R~ceiva. such Couit shall
foetMwith +ppoint a noeiw~ of pid nat~p~d propKly a!I ud sinpvlat. M+eh+dug all ~nd iu+p~lar th~ profits, &sws and rrw~u~s han wMtwK
eaxot dKiwd, wth ~nd tvery of whith~ ~ b~in0 ~~pr~ss~Y undsntood, is lw~by morqayed at if sRatifiully se1 iwth ~rd dMtr~ed in the prantinp and
Irb~nJwn da~a Iwnof. ~nd sucl~ Rspiwr shall h~w ~tl tiw bod ~nd ~ffactiw funct~ons a~d povrers in ~nyw~ entruat~d by a Court to a R~aeiver. ~nd
wd~ appoinhe~a sh~ll b~ m~de by wd~ CouA as ~n admitt~d eqvity and a m+»a of ~bsolwe right to said lNORTGAGEE, and withovt nfutnce b th~
~d~quacy a kwd~quKy of tM wlw of th~ PrbpMry mwt9sped or td th~ sWvsnc~? a insolventy of said MORTCAGOR w the daf~ndanM: and th~t tuch
r~m. Prof'n+. L+co~n~, hsws and nwnws ~h+ll b~ ~ppfi~d by wch R~aiv+r acoordinp to fM Usn o~ equiry? of wid MORTGAGEE and tM prattia of wth
Cour~
t. To duh?. P~nMh/ ~h? P~iam. dacMr~. ~ew~~. eff~it, ooMplet~, aomplY with ~nd aWd~ br wd~ and ~vwy tlr stipulatiorn. aprea~nb.
conditioro and oov~nu in aaG! pfanissay raa and this matyap~ sM tath. , ,
9. ?Mt in tM event tM owMnNp of tM mortD+p~d Phmu~s, a any pxt M~snof. beoane~ wsted in • p~non other than tlw MORTGIIGOR, th~
lMORTGAGEE, Iy sucps~ors and ~s~i~p. nwy. withow notic~ to th~ MORTGAOR, d~al with sych woc~sso~ a wocasor in imerest with nferenoe ro tlw
morty~p~ and the d~bt Mteby s~aKed h 1M s~ msmsr ~s witl~ Mortp~por w~tiaw in any way viti~tirg a di~chWpinp the Mort~+~w~' Iiabilitr I»r~
~ or upon th~ de~ her~by saawed. No al~ of tF~ premises hereby matp+ped ~nd no forbwanoe on tM put of th~ MORTGAGEE a its wocesaon
a assiy~s and no extensia+ of t1K tim~ for tlw psymem of ths deM hareby secur~d yiwn by tM 1NORTGAGEE o~ its wcoessors w aaip% sMll opaatt
ro nbaN, d'qdur~e, nwdify dwg~ or afhct th~ aiyind li~bil':ty of the MORTGAGOR hasin, sitFw in whol~ a M p~rt.
10. M is tpacifically a~r~ed Mwt fime b of tM esse~os of thb oontrsct ud th~t no waiver of a~ryr oblgatioe Mrsund~r a of th~ oblip~tion ar
ax~d haeby thall ~t ~ny tim~ thereaft~r b~ Irld t0 bt a w~iver of tM t~rms hersof a of th~ k~strure~N setw~d htrby.
11. In add'dion to th~ forego:np ma+thly paymenh of princ:ql ~nd interest requ'ved by the promiuwy noh secwad hereby. morty~yor aown~nb
~ ~nd ~ to p~~ ro mortpspe~ wiih each momhll? WY~^t s~+ addirioeNl sum estims?ed bY moNy+yes w k» ~qwl so 1/12 of tM smual cost oF th~ iofbw-
A-/1tl real property taxas levied or assessed apsinsi the above dexn'bed resl estste.
b--Fremivms on fin snd ww+dstwm irowance ss Mrein requ~red to b~ urried on the improvemenb sitwte on the above desv~ed premis~s.
C-PremiNns on s~ch mat~+0e 9wr~nty irourann ~s morty+yu thall fran time to time de~m fit to cany on tbe lo~n secwed hereby.
I AAext~sy~ shall han tim~ to time notify mortgayw in writirg of th~ sma:m due and p~y~ble herew~d~r snd wch sum shsll therwpon b~ dw ~nd
` payabM on tlw dw dat~ of tM next montMY WY~~t and ~ad~ woceesiw month thereafter untif mortpapa~ shill notify rnortpagor of • chanpo tn wch
~ ~Svd~ wma shall b~ ~pplied by mortp+pae towsrd tl+e payment of real prope~ty t~x~s, irrwance prem:ums. ~nd mort~sy~ pwwnry imwann
IN WRNESS WHEREOF, tM said MORTGAGOR F~as hereunW sM Ns Mnd and nal the day ~nd year f&st afonsaid.
and dtl in tlw pr~Nna of:
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STATE OF FLORIDA . ` ;
~ S t. Luc ie ;
P,,,~,~y„~ GeorQe T. Cre ssey [
Ruth D_ Cre s se v ~i. ~fe, m,~,. ~1~ known ,nd k,aw„ ~p fp b. i
tM Mdviduds duaib~d in ~nd who ~x~atd tM forpoin~ i~ahu~nt, and ackrawkdped before me tlrt th~y ~~ncuqd th~ ssrtw fw th~ purpoas :
~„„d, ,~,d,i,~,,,a Ruth D. Cressey ~
~r ,h. „~a Ge orge T . Cre s s ey , „p,,, , ,~,,,r. „d a~,,,. - ;
•aamirwtion b~? me qk~n ~ep~~M and apan from ha said Fwsb+nd. ~eknowf~b~d w and befor~ m~ th~t sh~ ~x~tvt~d said irot~» frNly and volun-
ruily and witF~out arq? aompebion, eantwirM. +Ppnlwns+q~x far of ot feoen hsr wW Mriband. L' :
WRMESS iwd and official Nal ~ ~ diY of ~ 0. 19Si1.~ ~
~ Notary in and for th~ Stat~ of Horlda M lv~
My ' ~s: R,
RMwn Ta 4 G ~ j; ~
f&st i~d~r~l Savinps i l,wn Astociation ' ~ v y ~OtNy ptl~K. Sfit! O~~Of~
Of Fort Pieru. `~~~NttfH1~. ~ ~0~110~ R~•C
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Fort Piaa, fbrida ~~''(.~1~~ ti; " 1aMd~r h!!~!~ftS~^~~~(J ~
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