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To p1+o~ and oonrkwowly kNp on ti» buildir?~ now a Mnaftw ~ifwN o~ atd land and on ~11 puipnw~t ~nd Mnon~lh covw~d by thk ~norlp
+0~. with d) prur?iw~A tha~on p~~d in fvil, fw~ insur~na in ~h~ uswl uand~.d Pakq tonn. ~n • swn app?owd by tM MORTGJIGEE. ~nd windNam
trawana in Nw wwl s~and+.d policy Mnn. In ~ ~wn ~pprowd Mr tFN MORTGAt3EE: 1a wd+ company a con+pantK a tM MORTGAGEE nwy i
dtnctt ~nd ~tl fln a?d ww~wrm Maurw~a policiN on aey o( saW 6uildin~, ~ny in~nst t1~reM a pw~ tMhof, In ~ pprp~N wm ~iora~id a ~
M~+coas NwrNf. sMtl oontain tA~ wual uandard map+pN clws~ a wd~ o~hM daw~ K tlr N1ortSsYN n~+Y nqu~ +~+ki~+0 Mr !ws unJar ~+id ,~o1F
•~Ml~d ~~+~+~Y. wr+~• ro said MORT(iAGEE a jn ineKa~ m+y ~pP~+•. ~nd e~ch and w.ry wd+ poiiey d+a11 b. promp~ly ass.yn.d ~+d d~liv.hd ro
r b1? saW MORIGI~CEE a furtMr wanity to s~id mo?~pap~ d~W. +nd. no1 I~a th~n t~n (10~ davs N~dv~na of tl~ •spYation of wch policti b d~
livw b wid MORTGAGEE • nrwwat tlwnof. wWtMr wiM a r~tipt ~a the prmiwn of wd~ r~w~y and d+u~ sA~ll b~ no Pa~ a wind~torm Ina~M?c~
plaad on ~ny of wid buildr~p~, a~ tnta~t tMrw+ o? pa.t tMr~of. unba in ~M forn~'~nd with th~ las p~y~bb a ~for~uWt and b t1w ~wnt any wm
of moeNy bsca+MS {»raW~ u!~ wch poUcy a potici~s s~id NWItTGAGEE slwQ h~w tM OP~ion 1o naiw ~nd apply th~ swe~e on uww+t o1 tM Mwl~bad~
+~a~ ~a~nd Mnby a tb p~rmit wid MORTGAGORS 1o reaiw and w~ it a aey p~?t tMr~of fw other pwposes, wi~hout thereb~ wiivinp a impaiti
Hw +~t? puwb. li~n a ~ipht w~ a b~r virtu~ of tNs mort~+pq and in tM wMt aid MOIttGAGORS sMll fa ~ny niaon f~il to k~p th~ aid pnmt~es so
~nsw~d ar f.~l a dstiwr pron?ptly a~y of uW Policks of t~aur,nc. ro satd MORTW?(iEE. or f~il pranpt~I? ~ WY ~N ~~11 P~~~ tM~tfa O? in ~^11 ~
nspM fail b qrfocn~, dhtl+Kp~, uatvt~. ~ffM. oompl~t~, aomply with and abW~ by th4 cov~nanb a+nY Pvt lwnof. s~id MORTGAGEE may plaa ~nd
P+1r kr wd~ Mwrrano~ or +n~? Prt th~nof without walvinp or ~fhcfinp +ep aMion. U~n. puity, or ?ipht ur~ a by vklw of tt~it INarp~. ~nd tM
full an~ount of ~ and w~y suth paynwM slwll b~ ~t~l~r dw aed peyabM and ahall Mar 1nNrat kaa tir dah Nrnof untU paW N th~ wM ol j
nie?~ PK ewMim pM anrwm and top~tl+K whh wd~ htaat sMll b~ s~ew~d b~r tfN li~ of tNt Inon~pa !
To Pwmiy oanmit ar wfhr no waMr impairnwnt a dttKiaation of aid p?apuly or any pwf tlwnof. ' ~
5. To pay alf ~nd si+p~l+r th~~oo~1~,, cMrq~s ~nd ~xP~wes includinp a nasonabM atir.rnty's ft~ and aafa of ibsh~ of titl~ Mrcurnd o~ Wid st
~ny tlm~ by iaW AIIORTGAGEE. b~cws? ot h fh~ ~wnt of tM failur~ on tl~ p~rt of tiN uM MORTG/1GOR to dvN. pronptly aod fully pKforn~, duchu~
lwiCYl~y ~ffK1~ Op17P~ft~ Q0~1p~y wit~l ~fld ~1~ by NC~1 NM~ ~Vlf~? f~N 1ti~itMf11. i~ftMN~1t{,r OOfIfj~1~01M. ~11d COVrMlflf Of Nif~ ~On1~ifOf~/ fWlf ifld f~t
mwry+p~ +ee~r or eitlwr, and s+id cosn,, d~up~t and ~xpMw~. ~ad~ and w~y, ah~ll b~ InnMd'at~l~r dw ~nd payable; wMtlw~ or not tlwn b~ notioi d~
m«~d, stumpt :o oolNct a wit p~nfiinp~ ~nd tM full ~nwwn af ~sch aed w~*Y wd+ Wrment si~ll be~r lnrv~st from tM d~t~ tiweof until p~id at tM
•at~ of nin~ per eentum p~? ~wwmt u~d all ~aid absrs. charp~s tnd ~xp~nte~ ~+rcw?~d w pitd, ~op~tFw? witb such inNrqt. shaU b~ s~tw~d by th~ li~n of thb
^+ortp+p~,
a. 1lwt W In 1M w~nt of any bnath of t1+1s Morlpap~ or d~favh on th~ put of tht MORTGIIGOR, c? (b) in tM wenf ~ny of ~id sums of mon~y
M?~III Mf~ftd 10 ~ IfO~ (MpllPtly af1f~ IIIIIy {Mld MI~tI1111 fllifiy C.~OI ~yf f10Xf aftK tIN l~t1'N itvMally blCW1N /~W Ilfd WY~I~. wtthout d~m~nd a noHa.
Of ~1f 1~N wM~l~ ~M~ fY~fy 1~M f1~{I~i110~1t~r i~~NAMAn. GW1dlt~Olli afld COWfM~11f O} Nid P?Om~liOty 11W~ a11d t~lif 1110f1~i~f ~I1y Of l~t~Mf ~ fl0~
*+~Y. Pr~Pth and fulh P~a~d, d~sdwirped, exeabd. ~ftict~d. compl~tad compli~d with and ~bid~d by. thM in ~it1+K w ~ny s~ ewm tM wid a~
prq~lr wm reiq~tior»d in said pomiswry noM tMn r~maink~D unWid. with intKat +evu~d.~and all nantys M~w~d Mnby. sMll b~oom~ dw and p~1h
abt~ lorthwith, or t1~s~hN. at tM option of said MORTGAGE4 a fully ~rd compl~tely a if ~I) Of Ilff Nid Wiht Of rtqMr w~n aripin~Hy a'~pula»d
ro M patd on wd~ d+y. anyN~inp in said pranissary nots w in this Mapap~ w tFie oont~ay notwithstand'ng: +r+d tM»upon a thertafbr at tM optan of
uid MORTGAGEE, withovt notia w daMnd, ucA at la~v a in puib. ~iwe(on ar tMrsahK bayve~. m+Y b~ Proa~e~t~d a ff ~II moMys :aew~d Mnbp
Fmd mawr~d pria 1o its inatitutan.
7. iMt in tM ~wnt that.at tM 6piminp of or at sny tMns W~~ +011 uPo~ Nas Mor?9+~. a to fo?scks~ h, w to nfunn It, a fo u?ioro~
p~Ym~M of +nr daaro hueund~r, s~W MpItTGAGEE shall apply ro tM Couh h~vin~ jwisdiction thereof fa tM ~ppomtmant of ~ Rsniver. wd~ Cwit tMll
fortFiwith ~ppoiet ~ noeiwr of said mo~tp~yed proper~y all and sirpulu. indudu+p all and sirgutK the incan~, profin, isaws snd mrenws frpn what~ver i
wwce daiwd. ~ach and ~very of wbid~, it b~irg expreuiy ~~~oody a hsreby mort9a9ed as if sp~cifiully ~et forth and d~wibed in tM 9rantinp and ;
hebendum cl+vsa Mrwf. and such Repiva ~MII Mw ~U the broad snd effactiw funct~ons and powers in anywise entrust~d by ~ Cowt to a R~ceivN, and ~
such ~ppoinm~ent tMll bs n~ by wch CwKt p an ~dmitted eqvity and a mrner of absolute ripM to asid INORTGAGE~, and witho~t nf~nnq ro th~
~dequ+cY or in~dsquacy of tl» valw of the prbp~rty mortysped o~ to ths sawncy _w iniolvency of s~id MORTGAGOR a th~ defendanri„ and tlut wch
rents, profib. hrcaa~, issues snd rw~~ws sMll b~ ~pplid by such Rateiva saordinp to Hw tien or puiry of s~id MORTGAGfE ~nd tM pactio~ of tuth
Courf.
8. To duly. pranptly uid fully W?Fwm. ~ary~. e:~a,te. ~ffect. aomPkM, oanply with and abid~ wch ~r?d
mix~itions and co~e~ann in said promusory ~wte and this mafysqe set fath. ~ ~ry ~~~t~`
9. That in M» event the ownenhip of the mo~t0+p~d Premiks, or ury part N~ereof, b~raees wsted ln s~son otMr thw~ tM MORTG/1G01~ th~
MORT,GAGE~. Ns successors and assigm, nMy, withovl notita to tht MpRTGAOR. dtal with such wcceasw or svuestor {n interett with refsr~nct to this ;
mor~+p~ and ths debt hereby seaned in the ~ame manner as with Mwty~po? whhow in ~ny way vitiat&g a dixFwptrg tM Morty+~ws~ li~biliry h~n-
vnda a upon rhe debt hereby secwed. No sak of the p.emises hereby monpap~d and no fwbw~nce on rF~ put of th~ N?ORiGAGEE a in a+ocsssors
w+ugro ~nd no ex~ension of the time fa ths p~ymcnt of the aebt hereby Kcvred y'wen by tht MORTGAGEE w in woo~asots ar, usi~ms, shstl op~rst~ '
?o ~e~, d'nd+u~, modify th~n~e or ~ffact the or;p;nal INbiliry of the MOitTGAGOR hsr~in, ~;tha in wtwk or in put. j
10. It 1s speafically apnsd th~t time is of th~ es~enc~ of thb caaract ar~d tlwf no waiwr oi aq obliQation lwrewidei a of th~ obJiQ~tion a- F
cvnd Mnby sh~ll at anr tim~ thereaha be held to be a waiver of th~ terma herwf a of the irotrwnent s~axd Mrby. ~
11. ~n sddition to the forsgoag monthly p~yments of prin,t:p~l and intaat required by the promiswry note secvred 1
~ ~nd ~r~es to psy to mort9spee wiM ead~ monthfY payment an addirion~l su~m estim~ted by mortyapee to bt squt! b 1/12 of the amual~tos~t~he foqow_~
irg:
A-All real property tszes kv~ed or assessed aysirot the above dsscribed real atate.
6-P~emiums on fire ~nd wiedstam irourance n herei~ requ:red to be unied on the improvemenq sitwte on the above described premises,
C-Prenwums on s4ch mort9+9e 9~anry insur~nce u mortq~yse sh~lt from time to time deem fit to arry on tbe ban aeewad herrby.
Matpsgee sh~ll from Y~me to tune ~otify mortgagor in writirg of tM amount due and payable hereundsr and wch wm shall therevpon be due and
P+Y+bI~ on th~ due date of the next monthlY WY~t and ~ach svccessiw month thero~fter vntil matqapae shall notify ~nortpayor of a chaiga, in wch
amount. Such wms sh~ft b~ ±pplied bY ^artQ+pe~ toward the payrnant of ~ea! poptrty taxes, L~wrance prem:ums, and mortp~pe ~viranty inwrance
Weiniwns.
IN WITNESS WIiEREOf. N~e aid MORTGAGOR has herevnto sN h's hand and ~eal the day a~d yeu fint ~fwasaid.
and~a+16~ of:
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STATE OF ~lORIDA ~
St. Lucie ~ ~ ~
courrn oF
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e.(or. m. p.rsoe.tlp .pp.,..d ~ ;
Marion JB8i2 ~rpgg FsmB~ fo2~merly Meri nn k~~ ~ k~~ 1
rM 6+dividwb d~sa~bed in snd who ex~cut~d tM fors9oiny iiutrum~nt, and ~ckrawkdped Mfon me that ~
MKy ~x~a+ted the sam~ for tM purpows
~f~.r.tn~d. Mdth~••:a Merian Jeen Gregg Fams~ foranwrly Merinn Tean Grr3oo
,~f. ~ ,i,. „~a _ John A . Fame -
ex+min+tion by m~ tak~n ~M ~nd .~rpai + aW?~h ~nd priva»
MP~? +W~t frari !wr wid adcrawledged b ~nd b~foti mt tlWt sh~ exaart~d said iratrurnent h~tlr and ro~un-
~arily and withaA +rW oompulsion, aonsasint, +PPre~, f~ar of or from h~r wid lwsband.
WITNESS mY h~nd +nd official a~a1 +I,:s ~y ~ b _L.~
A. D. 195~.[~
Notary Public in N+d fw the St • ofjbr ida ~t L~rp~ i
R~h+rn Ta MY Comnwsion ~xpires: ~y
Flrt F~denl SrvGg~ i loan Aswciation
Of fvrf P~eru.
iorl Pieru Fbrida ~'~0~ pllt+~t, S~il! J~ F~01idi it ~f9! ,:.:t1;,,- I
tiAr W+nmissioa fYpires Nw. 3, i969.-~~''~ ;;~~f
FlLED ANO RECORDEO e~ ` c°' :J':
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ST, lUC1E COUNTY. FLA. _ ~ ~
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i:~`~_ ~ i-0!7R~S
CLERK.CIRCUIT COURT b00K~~0 PACE~7
f~ ~ f~ Y~C~i
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