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To pl~a ~nd oontkwouily Iu~P on th~ buitdinps eaw a Mr~afn~ sitwr on uid I~nd an~ on ~II squipemM ~+d PKSO^~~b aovK~d b!?
aq~. with ~U pr«n1w~ tMrwn p+id in fut6 fih M?su~w~u in ti~ ~wal sta+dud polity torn4 wn? +PPrar~d bI? tM MOR~GIIGEE. ~nd wind~t~m
irow~ M tjw uwal ~tand~rd Pd~c1? fan+. in a surn aPRrowd by tM MORiGAtiEE. h wch canP+~Y a~f?+~~ ~~s tl+~ MORTGAC3EE
dincU and dl fin ~nd windtlotm insur~nt~ poiitip on ~ny d, Nid buildi~ t~MN~st tlw~in w p~tt tMrwf. In th~ pqrsp~b swn ~for~aid w
In acaa tMnof, ~MII cont~in tM uswl st~edxd morty+~ dwa or wd~~ o~iw? dauN a tM Mo?tp+pt~ m+y nVvih. m+kkq tM bas w+da ~aid poli~ s
ciw ~ad~ and ~wrY. Wrabl~ a taid MORTG/?GEE as ib inhrat nwY +PPM?. and ~ach «+d wery wdi polkp ~h+il bs praapth? ~ss:qMd ~nd d~liwr~d ro ~
~~y MW by ~id MORTGAGEE q twtl~tt a~cwity to ~W morqp~ dsbt. ~nd. oot las M~n Nn (1d) d~ys in advu+a of th~ ~xpkation of wch polkl?. to d~
IIvK b Nid MORTGAC~EE • r~nrsu~! tMaof. ~op~tMr witA a nceipt fa tM pnmiwn of wd~ nn~w~l~ and tlwh sMll b~ no fin a wir~ronn Mau~ana
plaad an wry of said buiWirg~. +M? intKat thK~in o~ pwt N~. w+las in tlw fonn'~nd whh tM bu p+Yable as ~for~said~ ~ad in ~M ~wM ~ny swn
of nwMy beca~wa P+Yabl~ w,+dM wch policy o~ polici~s wW MORTGAGEE iMN h~w thi .option b naiw ~nd ~pply tM w~ on ~ooowM o1 tM kid~bt~d~
~~~d I~~r a a p~t w;a MORtCsAGORS a ~~pi,h ~nd u~ N a ~ny pa-! thtreof fo? o~her purposa, w~~hout. thxeb~ w+ivinp a imp~i.-
~np +nr ~V~?ity, UMI Of IiOhf 1M1d!? Of ~l VifIW OF iN~ f~Wtt~~f M~ If1 t~1f ~VMI Nid MORTGAGORS ~AiII Mf ~11y fMfOfl f~ll 10 kNP tIM Nid PtMniM~ W
iru~nd. or fail b d~liver P~~Wh +~Y of s+W poi~s of ~mw~no~ w atd MORTG~?GEE. a fs~1 pranPty to p+Y iv~b +~ro P~«n~wn tM~fw or In ~ny
mp~cf bil b p~rtonR disch+r~. ~x~cut~. ~ff~ct. ~omphq. oon~plY witb and abide bY N~is cown+nt, o? any pwt Iwrwf. sald AAORTGAGEE miy pl~n and
P+r fa wd~ tnwr+no~ or ~e~l pwt tFNnof withou~ walvin0 a•N~ctino an11. aM~ (Mn. ~Wib. or ripht w+dK a by vtrtw d tNt Mortp+p~. and the
ivli aniowd of Mch ~nd avMY ~ MY~^~ ~1 b~ ~n~+lthr dw and p~Y~bb and ~U bNr inf~?~tt ftan tiN dai~ 1Mno1 until p~W N tIN t~N ol
nir?~ antwn pa annwn ~nd toa~the~ with wth Ints~ a ~MII b~ acutsd by 1M li~e; of thk pbrp~p~.
~ To pwmi~. oa~n+it or wffa no wast~. 1e~ptkm~nt a dNKiaation of said pto~efy ot anY p~t ther~of• ~ '
S. To pay ~tl aod sinputar th~.ooab. charpa +^d ~xPs~w~. tncludkg i nasonsbb•~nornty's he aed aosM of absh~ets of tiN~. incurc~d o~ p~W ~t ~
any tMr by s~id MOtTGAGEE, b~cw~ or in th~ wM~ of tM failun on th~ paA of tM said MORTGAGOR a duly. P~^P~1? u+d fully pKfonn. diuhar~ ~
exacv», ~ffKt. complel~. oomPlp with and abid~ by ~ad~ and ~wry fM st~ul~tion~, aprs~meels. oond'tion~,. ~nd aovlnanis of Nid promis~ory woN and thi~
n,ort0+p~ +~r w ~ith~?, and said aosn. char~ a~d ~xp~rw~. eath ~nd warr sh~li b~ inwMdistdy dw ~nd psyabbs vrMtM~ or nof tMn M notioi d?
mu~d, ~tt~mM to eolbct a~-wit p~ndinps uw! tlw ivll amowN of each ~nd ~wry wch WYm~~ sA+ll bNr inter~st fran tM dab tMreof w~til p~id at th~ j
rate of nin~ per oentum pn an+w~: and atl s~id absb. chu~a snd exp~nKS i~cwnd w p~W, top~tMr with suth intaat. sh~U b~ s~a~~d by tlw li~n of this
m«tp+pw '
A. iliN 1~ in 1M weet d any bn+ch of thb Mortpap~ or d~fwh on th~ p+rt of tl+s MORTGAGOR, a lb) in tM ~wm any d~id wms of mon~y ~
f+Kdn nf~+d ro bt not promptly ~nd firll~r p~id within tF~tY (~0) days n~xt after tl~ ssm~ sewr~lly bacan~ dw ud p~y~W~. without d~m~nd o~ notia.
Of (t~ ~II 1~N wN1~ NC~1 Yfd ~MMy MM tt~pV~it~Of1~. i~fNANMS. iONd1t{Of~f i~ ~K Of Nil~ PfOnlitl0~y IWff MIV t~li1 1110ITQ~Qf Mh Ot l~1~IN K! ~10~
iuh. P~Ptb full~r p~rform~d, disc~rped sx~cutd, sfficted. aomplNsd, com~?INd with ud ~bided by. thN? in e+tMr w~ny wch ewnt tM uid a~
pr.~a wm n~+~tiornd in s~td p.amissory noh tMn nm+ir?inD w+P+id. with inter~st +cuwd. and all moesys a~cwrd henby. sh+ll bacanw dw ~nd P+ri
+bt~ fathwith, a th~rNfta. at th~ optwn of said MORTGA(3EE, a fully and canpl~uly as ff ~II of the s+id wms of moe~y w~r~ aipin~lly uipvl~ted
ro be p~id an wch day. +eYthLg in sa;d promisaory not~ a in thb Mapsye ro th~ contrary notwithstandipp: ud therK~pon or thertah~r at th~ option of
uid MORTGAGEE, witho~t ~wtia w d~m+nd. wit at la~v or in p~rity, tMr~fo~ or tl+u~after bayw4 m+Y ~ P~~+~ed as ff dl monhrs t~cw~d ~ebY
had nwtund prior to i1s inatitution. '
7. ih~t in tM waN th~t ~t tM beyinninp of w ~t ~ny tim~ P~~^D +oY w~ ~on tha Nbny+~. o~ w forecloN M, w fo nfonn N, o? to ee?forot
paymem of w~y dirns Mreund~r, s~id IMORTGAGEE shall apply fo the Carrt h~vinp jurisdiction therwf for tlw appantmem of a R~ceiva~, wch Couit sh+ll
fatFiwith appoim a nu'wer of said morty+y~d property ~1) ~nd iugula?, inclvdmp sll and sinpulu tM inc~ns, profi». ba~r~s and rtwnws fian wh+t~wr
sourc~ duiwd, wch a~d every d which, H b~inp expressy w~d~rs~ood, a hereby monp+~d as if sp~cifiuUy s~s fonh and ds~cr~ed in th~ yrantinp and j
Mb~ndwn davs~s Mnot. and wd~ Reuiwr shall haw NI tM broad and effective fundAra ~nd povrers M anywis~ emnrsqd by ~ Cowt ro a R~ceiver. ~nd ~
wch ~ppointrn~nt sh+ll be mad~ by wch Carr1 as ~n admitted eq~?ity ~nd ~ m+ner of absdwe ripht fo s~id ~NIORTGAGEE, and wirhout refere~ct to tM 4
•dequ~cy or k~sd~ouacy of tM valw of the pi+psrty mat~~d or to th~ sonreecy a insdventy. of Nid MORTGAGOR o. the d~f~ndanta, and tMt wch
rems, profiq, inoomt. issws and rwenws slwll b~ appli~d by wch Reuivs+ acaordiny to tM Iwn ot puity of wd MORTGACsEE and the practio~ of sutA ~
Coutt. • • 1
d. To duly. P?anpry «+d tv~b ~uf«m. ~ach+ro.. ex~cut~, eff~et, oompl~t~, oomplY with and.aWd~ by e+ch and wery th~ stipulatio% +DrsamnM.
cond'nbro and oovsn~nn in said promissory oor~ and tiws morrpap~ sN forrh.
9. il+at in tM went th~ orvn~rship of tl+~ mwty+0~d Wemises. or +~Y Part ti+ereof, beooe»s vestad in • psrwn other tMn the MORTGAGOR. Hw
MORTGAGEE. Its woo~ssas and usi~s, may, wirhout notin to tM MORTGAOR. deal with s~ch wcc~uw or urocessw in intarest with nferenoe ro this '
s•wrt~qs and th~ debl I~~bp ~acvred in thR ssm~ mamsr as with Mwty~gor witFaut in any way vitiat6g w d~sch~rping tht Matpayors' li+biliry h~ra {
un~ or ~pon the d~bt hereby ~ecvred. No sak of the premises he?eby mortps~ed ~nd eo forbeuance on the put of th~ MORTGAGEE a ib waesson
ur auipm u~d no extMSion of the time fa the p~yment of the deb~ hereby ucured 9iven by the MORTGAGEE or its wcAe~wn or ~ssipro, shall opwati
ro r~Naw, disdwp~, modiflr ch~n~e a affect the oripin+l liability of th~ MORTGAGOR h~reu~, ~itha* in whoM w in p~rt.
t0. It is specifically aproed that tim~ b of th~ es~tnce of this coMwn snd th~t no waiw~ of w~y oblipaYan herevnder w of tFw oblipstion se-
a;r~d h~reby sMll at any firM fhereaha bs held fp be ~ waiver of tFr ferms hereof w of th~ irotrurt~an ~ew?ed herby.
11. In addition M the faepo:rg monthly payments of princ:p~I and interest required by the p~omis+ory eote secured hereby, mwtysgor tovenanb !
. and ~~es to pay to mortya~ae with esdi monthl by mwtyapee to be eqwl to 1/12 of the annwl cost of the fdbw- ~
es Y WY~t ~n addirional sum estirrNhd
A-/111 rNl property fa~ces kvied o~ assessed apsinst the sbov! desuibed rNl M1afl.
i~: ' ' ` t
B--Premiums on fire ~nd windstorm irowsnoe as F~erein requued to be urried on the improvarnMh sitwte on th~ sbove desvibed prenwsss.
C-Premium~ on s~t~ mortgsye 9w~anry inwra~ce as mwtyapee shall lrom Yune ro tirne dean fit to carry o~ the (oan secwed hereby. ~
Mortysgae shall from t~me to time notify mwtg+gor in w?itiny of the smovM due~ and psy~ble hereue~d~ and wch Wm shall thereupon be du~ and
paYabl~ an th~ due date of the ne:t monthlY payment and each wcceuiw month thr.safte? until matysQee shall ootify rnortgsgor of • ch~oye in such ~
amo~nt. Such siwns thall be spplied by mortya~ee towsrd the payment of r~al property tax~s, insur+nce :vms, snd mwt~sye yuuanfy inwrana
~
~ premi~Nlq. !
~ IN WITNESi WHEREOF, ehe s~id MORTGAGOR has hereuMO sN his h~nd u~d se~l th~ d~y and finf aforesa' t
Id eMl'iwr in th prew of: ,
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fs.i~ !
f_L~~
STATE Of FLORIDA ~ ,
S5.
~ St. Lucie ,
~ ~~ny ~pp„~ HnT.rArrj L.~ Ar~nr3ranr~ and
leis wife, to me well known and known to ms to b~
the kidividwb dew~d ie who ~xecuted -tM forpoirg instnwn~m, and acknowledped befon m~ that th~y ex~wted t!w sam~ fw tM pwpases
rheretn sxpns..d Md th~ utd Dnri a M. A~= P.rs~n
wi(~ ot th~ asid NLi~Brrl t.~ Arat~-p„~'ac~n upon ~~eparate and privae~
exa~nmation b~r nw ta4~n ssp+raN and ~part from he~ wid 1w~b+nd, acknowbdpad to and befon me t}wt she ~awtd wid irotrwMm fretly and volvo-
hrily r?d withaA a~qr aompubion, caatrsint, appr~~;~'~ a fsa? of or from Iwr wid husbrd. .
WtTNESS my Iwd and ofBdal ~eal tirs~~ ~~LII ~ S tembar A. D. 19 6?
0'.
- Notary Publit in u+d fw t~Su of Florida ~t la~
Mp commis.ion .xvw«: a 9
M~M,. ~ . ~ ~J ~ ' ~
wa hdKd s+vL+ps a loy+ Aaoc~.r
~O~p ' ~~sioa E~P~ ~ 3, 1969
Of Fort Pierce.
``.Q ~ ~Y Fr~ a Gsrdtt Co.
fwt Pierca Flaids O K~ O '
. pt, OV
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