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S. TO ~1I~p ~fld 0011Ti1W01HIy ~ QII tM bYilf~{ff0~ 110W O/ IINNNM ~1V~N WI NW IiMI Mld Of1 a~I lqYip11N11f Mld p~fq1~~IIy ~pY~f~ by tw{
+pw witli ~11 pnmiwA tM?~on p~id in f~ll, fin inwru~c~ in tiv uswl standwd poliry fprn~, jn ~ swn pprowd by th~ MORTGAGEE. ~nd wind~m
tn~w~na in ~!r ww) uandad poiicy fonn. in a~wa approv~d by tM MORtGAGEE: in wch oomp~ny a canp~niK ~a +h~ MORTGA<3EE ~r
dk~ct~ ~nd aN fin ~nd windaanh irrwana policiN on ~ of aW bu11d'u~„ +nY inNnst ti~a~in or p~rt N+Kwi. tn NN apprpat~ wn~ ~far~atd ar
in NwNf, sMil oonqin ?M uw+l u~ndard ~orpap~ d~ a wd~ alwr dwN as N» Matq+pw m+Y nquir+~. m~kin0 N» Iws unda ~aid polh
ciN. Nch and wKy. RwabN b s+id MORTGAGEE as iri intaat nN1? +PPNb ~nd ~ad? and ~vNY W+d? Polk1? ~MII M praoptly qs:9e~d and d~HvK~d w
any Mid by said MORTCsAGEE a iwthK Ncu~Ny b Nid maq~ d~W. ~nd nof I~N than Nn (10? days In ~dvana of th~ ~~iraflon d Nd? PakY, 10 d~
IMr b~id MORtGl1CEE a rMwwal 1M~Of. top~~hw with ~ no~ipt fa th~ p~miwe o~ wd~ nn~wa4 and tlwn ~MII b~ no fin w wieduam MNUraea
pl~csd on N+y of uid bulWMip~ ~ny fnqral tl~~in o? p~t Nwrwf. unMa N+ tM form'snd with tM Iws p~y~bh a ~fcw~id~ ~nd in NN ~wnt any ~wn
af nan~y b~cau~t parabk ued~r wch po~k~? a polida uid MORTQJIGEE ~MII Mv~ tM option /o naiw ~nd appip th~ sanN on acra+M o~ tM ind~bt~d.
npa wcw~d hK~by a a paimit a~W MORTGAGORS w hpiw ~nd uw N o~ ~ny put th~reof fa orher pwpos~ti wi~hovt rh.r•b~ waivinp o~ 'anpain
Mg +m? pvN1?. lirn a ripht w~ or br vGtw oi ti?~s matpapp ~nd in rh~ ~wnt ~atd MORTGAGORS shall fa? any nawn fail fo kNp ~f» aid pheni~p a
b?,w.d, w t.~i a d.~iw. w«nwhr +m? ot .s~d ~~.s ot ~+aw.~+o. a s.~d ~~ortrc~?c~~, « f.u ~o~wtN b t~y ~h +~r w•~+~ e~•k. a tn a~y
n~pa~ fsfl b pKfotn~, d~charp~, tx~aMR. ~ff~d. canPlN~. aonK?ly wdth ~d ~bid~ bp M~4 aoweant, a ~nY Put hKwf. s~k1 MORTGAGEE rnay plao~ and
WY fa svd~ kwurano? or ~r Par? M~rwi withouf waMnp or ~fi~ttiny +e1? aWia4 liin. puib. or rip1N u~dK ~w b~/ virtw of this Maqp~. and th~
iuU ana~~+t of Mch ~nd wKr wd~ paynwM ~MII b~ inrmdi~Nly dw aed pyabN ~nd ~11 bwr iMK~tt han IM d~M tMnof untU p~W a1 th~ ~~t~ ot
nir» pp antum PK arrwee aod tap~tMr wNi? wtA ht~t shaN b~ s~ewfd by Mt li~n oi fl+i~ p~ott~p~.
t To p~mqt, oamnit ar wffar rw wuN; YnpaLe~M a dstaior~tion d wid prop~rt~r or a~ry p~rt 1Mrwf.
S. To pap aq and sirpuln 11r ~oosti„ d~aroa ~nd ~xp~w~~, includina • na~ombb attorn~y't fe~ ~nd aosfs of aMtr~clt of titl~ incvrt~d a p~W d
any time b~r ~aid MORTGJIGEE, baau~ a in tln ~we~t d tl+~ f~il~+n on tM part of tM s+W-MORTGAGOk to duip. promptil/ and fvlN P~~ d'acMr~
~xeGvtq ~Hrd. aanpi~tt. aomptY with and abi~lt b~r ~ad~ and ~wry th~ atlPd+tio~q~, ~O~~~M, ~tion~, and oowe?ants of Nid prdn~ia~ory nw~ and tha
"~~D+W +~Y o? ~itMr. and s+id oos?r. cAw~s ~nd ~aP~wi. ~ad~ ~nd wKr. ~h+N b~ iinrwfii~tey dw and payabNt wMtMr or not tMn be ~atioi d?
mand, +1tMiM to ao1Nd or f~it p~inp~ ~nd th~ full anwu~u of e~ch and ~y wdi p~ym~?t ~Iw11 b~ar inNn~t fram t!k dat~ tl~r~ai ~wull paid at tlr
r~~e of ~ pa antum p~r +nnwes ~nd aU s~W obsa. clw0y a P+b. ~hN with wd~ in~tL sb~N b~ ascw~d by th~ liwn of th»
mortppw ~ .
6. i1W ja~ fn th~ ~wM of aiqr br~~ch of th4 Mortpp~ or d~fwN on 11r pwt of th~ 1NORTGAGOR. or (bj in tM ,wae~ any d aid axrr of mon~r
Fw~rdn nf«nd ~o b~ nw panpty ~nd fuly p~id within th'yty l30) day~ next after tIK sam~ sewrally b~can~ dw and MY+bI~ without dNn~nd a notioe.
a(d in 1M wMt sath and wKy tM sNPukafona. +pr~aMnts. ooe~tions and aovarnh of siid pronsswry no1~ ~nd tM rtartpp~ any or ~i1Mr an nol
i~+h, pranpth arK1 ivih Pe~fonMd. di~clwp~d. •x~wqd. sffact~d, oomplead oomPl~ed with and abid~d by, tlwe tn t~tMr «
~ny wd~ w«?t thi s~id a~
prp~1N tw~ mMMar»d in ~aid ptomisso~y nWe fMn nm~Miny unWid. with intK~st ~cuwd and aU moneys s~tw~d Mr~bY. ,n.n b.oo~n. dw .~d wr
~bb knhwiN~, or th~nsft~r. a~ th~ oprion of wid N10RtGAGEE, as fuly ~nd campbMy as if ~It of the uW aaru of momr w~rr aip&uN~r q~ted
ro b~ p~id on wd~ diy. aey~hi~g in said praenissory not~ or b tNs Morepp~ ro th~ oontwry notwitMtandinpj ~nd Menopw~ w N~sresha ~t th~ option of
wid MORTGACsEE. without notia w d~m~nd, wit at i~r ar in ~qviry, thanfon a tF~rtaftu bpw1. mar b~ p~os~cw~d a if ail mwwys s~cu~~d I~sby
had n+.rw~d prar a ita insNnrrio!d
7. Tha! tw fh~ w~e1 tlwt N tM b~innirg of or ~t any tim~ P~D +oY uPa+ ~s MatO+g~, or b fonclos~ M, w~ b nfwm h, a io ~nfwu
wY~ of aey daims here~w~d~r. s~id MORTGJ?GEE sh~ll apply to tM Cow~ h~vinp jwisdic+ion thereof fa tM appomtmMf Jf ~ Reuiwer, wdi Cowt sh~ll
fwtliwith ~ppoint a naiwr af s~id morpay~d prop~nty all and sinpvbr. k~chro+e~ all u~d sLpviar th~ incow~i prQf't},. fuws ~nd rwerw~es fran whatwx
.a,.o. d.~~a. .,d+ .~a .w.~? o~ ~,Kh. n e.N+~ .,~..~y w~a.~:w«i, a n.~.~y ~w.ro+~.d a~.P.~~r~h .n o.~..~a d..c.~.d ~n d+. ,~a
habeed~sn ebusss Mrwf. ~nd wdi Rea~iv~r sh~ll Mw dI tM Ixod sew! ~ffectiw funaioes and Povrers in +nywisf ent~vs+~d bY ~ Court to ~ R~uiva. +nd
wch ~ppWnfmsnt shall be m+d~ by wd~ Caxt p ~n admimd equitr and a matte? of ~bsdut~ ripht to aid MORTGAGER, and without nfersna to th~
•dp~+cY or in~de~acr of tM vsh~e of the W~~Y ~+~~d w to tM tolveecy w insolvency of uW INORTGAGOR or th~ defeodanri, u~d th~t suth
r~f. profits. inoom~. itsues and r~wnves ~haN b~ applied by wd~ Reoelver accordinp fo fh~ It~n or putty of ~Gli~ MORTGAGEE ~nd t1w practia of wd~
.
A. To duly. pranptly and fvlb P~«+~. exea»~, effect,.aompl~t~, oomply witb ~nd abid~ Mch andj , .
confiiriona ~nd covanann in said promitsory eat~ ard rhis mo.t9aps ser forM~. ~ ~t~h,i ~tipulariau„ pname~+q.
! ~ j- t
9 That in tM tveM t!w ow~ship d tlk mortWO~d A~e~,isa~, a ~rry put ther:of, b~c~~es wsNd in ~ p~non othsr th~ tM; MOkTGAGOR, th~
MOR7GAGEE. Ns wocesson snd ass'gns, rrwy, wi~ha,~ no~ice to *he MORiGAOR, deal wi~h wch waeasor or woassor 6~ in~e.~a v~rirh nferee~oe a this
~ and rM debt her~by sscwd in tM s+me manner a with Nbrty~po. vrrithour in ~ny way vitiartrg or discF~aroirg th~ Mw~p+D«~' Wbility h~n-
und~r o~ u~ton the debt henby sea,red. No a+1s ot ~h~ prem~ses heroby mortpap~d ~nd no fwb~ar~nc~ on th~
w sssg~s ~nd ra extension of tFw YrrK for th~ WYment of the deM her~by secured piwn by th~ MORTGAGEE or its f,sucasson orAassip++0. sMlt opaa ~t
?a n1eaN. t~sdur~, modih ch+»p~ a afhct tM aiyierl liabiliry of th~ MOitTGAGOR Iwei~. ~itha in wlwl~ w in part.
1R N b ~pecificaly apn~d tMt th~ b of the ess~nce of this aoetr+ct aed that no waiva of any oblip~tion Mr~und~r o? of the oblipation sr
cund Mreby ah~ll ~t any timr ther~afi~r be Mld to bt ~ w~iv~r of the terms hKeof a of tM instrvmem s~c~rnd h~rby. ~
11. (n add~Yan ro tM forsyo.^9 ^~^~hN WY~b of princ:p~l and interost reqoired by th~ promiuwy nof~ secwed hereby. mortgspor aov~nants
. and pnp fo p~y fo mortyasse with e~ch monthlr paYment an addlr'~ona1 sum estimated by mwty~yee ro b~ eqwl b 1/)2 of the annual cost of the follow-
iny:
A-All resl proQerty taxes levied or auessed apai~st the above desu~'bed real est~t~.
8-Premiwos on firo u~d wi~dstorm inswamcr as herein reqv~ed w be arried on th~ 'wnprovNneny sinare on the abave dexr;bed premaes.
C-Premiums oe s4ch rnoriy~e pu~ru~ry insurana u mort9sgee ~hsll from time to time deem fit ro urry on the ban secwed hereby.
AAo~t9~ge+ sh~ll frora time to time notifp mo~tyapor in wriY~rg of 1M amount dw and pay~ble hereund~r'~nd such wm shall tt~ereupoe b~ dw and
P+Yabl~ on the dw dare of rhe neat moethtY WY~t and ~ad~ waassiw monrh theresfnr uneR morrg~pee slwN notify mortpapor of a in wch
amount. Sud~ sums sh~ll b~ applied by morty+pae toward the payma+t of nal property tarzes, irwxsoce prem~rea, and mwtpsye 9uar tyan iro~nna
Prerniunq.
tN WtTNE55 MIF~EREOf, fh~ s~id CaACQR ha hereunto sef Ns hand and ~sal the day and yeu fint sfa~said.
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STATE OF PLORIDA
counmr oF - St _ LL~i e ~ ' , .
e.t«. ~.?,«~.ur Ri chard P~ Kraus e ~
E.hel B Kra ~ s hi. .~,if~, ro m. welt known .na anowe~ to m. to b.
tM irdividwb d~scr~bed in and who ~x~tutd t!w forpoinp hshumKM, and ~cknowledyed befon nr that 1F~ey auoueed M» same foa th~ pwpoas
rherein ~cpnad. Md th~ !~z! F. .h p~ 1 B_ r s~ u a r+~ •
wi/! Of f~lf Mid R'~ A d p~ ~2'?A11S8 ~ippn i ~!~'Hf~tf illd pfiv~h
•x~minatio~ by mt tak~n sep~nh and apart fram he? wid husb+oa~. +cknowbclped w and b~Mn m~ that sh~ waiNd wid krtrvmerit ftuly and voluo-
tarify MM! wifho~f ~pr comPulsion. ooruhainf, aPPn~. Or ~r d aI from h!r Nk! IMr~band.
WITNESS m~r hwid and offiaal s~ei o.~•~ ~y ~ A D. 14~
Nwary Pubiic in and fw th~ St ~y~ ftwida at lar~e
R~tum ta lillp Commission ~xpins: /lG1
firp F~dKd Swirgs i toan As+ociatioe ` ' • ""~1 ~~K. S~! ~ ~Ofj~ ~
Of FaA Vierte. ~l ~A~AKf10U Elc(~!S N01. 3. 19b9
Fort Pierce, Flo.id• O ~O'~ b~,. a~»rer ee.
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