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3. To puu and c~tie+~ously kHp on tM b+i~d;n~i ~ww o. twt+Ee~. ~waro on ~a:d land and on ~11 squi~,rnen~ ~nd ~sonally cow.~d py Mi~ n~o.q~
p~, w~~h sU p~miw~4 tlw.wn ps~d in fult, tu~ in~u~anco ~n ~h~ ~w+l s~udard pol~cy form, ~n a suM ap~xa+~d by rM NWftiGAGEE. and windsro.m .
iiaw+~nc~ in ~he ~swl a~anw.d pol~sy form, in a s~n~ app.or~d by d» MARTGAGEE. in s~ch company a co~p+ni~s ~s ~he N10RiGAGfE m+y
difK~l +M! all t'v~ ~nd yr~ inw~uw policks on ~ny of s~~d b?~~ldaqL +ny inqrat rM.cin w p+rt thc~wf, in tl+~ ppre9a~~ w~n afv~~aid a~
In ~ac~u therwf. siwll cvntain M~ u~wl pandud mor~9a~ da~s~ o~ such o~M~ c~wse ~s rM Mat~ap~e na~ rpv;.~ makbp HK ~osi undM sa~d poti~
ciai, sach N+d ~vs~y. paYabN w uid MORTGA~iEE as in inte~ei~ maY ~ppear. ~nd tacA and ~v~ry t~ch po4cy shall b~ p~ornptly ~u~y~+ed u+d dtlivaed M
~ny hsW by s~~d MORTGAGEE ~ twrFwr secur;~y a s~td ~no~~y+9~ deb?. u?d e?w kss ~Mn ~en U3) days in advanc~ of ~M ~xpiratan of tach pal~cy. ro da
Gvu b ~aid MORTGAGEE ~ renewal iherwf, toya~her wiih a tecapt fw the p~mium of sucA renewal; ~nd ~he.~ ihall.bt ra fu~ w winds~am inw~ana
pt~csd on ~e+y of said b~ildirga, ~ey intere~ tha~i++ a put tM~wf, unl~u in tA~ form'ux/ wi~h th~ loss payabl~ ss a(ortiaid: u+d ~n ~ht svent any wm
of ~nonty bscana p+yable wxlK wch policy or polKi~s sa~d IYtORiGAGEf iAatl M~~ tht opt~on ro recsiw and apply rF?~ s~ on account ol ~M indebted~
n~ss sscvr~d her~by w a perm~r u~d MORTGJ?GORS ro rrceiw ~nd us~ it a any part ~hrraof fw o~her purposes, w~~hwt ~herebt warv~~~~ or ~mpair_
inp anY pu~ty, li~n or rqht vnder or by virtw of this mwsqs~; ~nd i~ tM ~ve~t s~~d MORTGAG(3R5 sAait lw any :e.son fa~t ro ka~p rh. ,a~d p.sr„uses so
irowed, or f~il w d~live~ p.omptfy ~ny of said polKics of inswuKe ro sa~d MORiGAGEE, w fait prompNy ro pay fulty any premivm thersfa a i~ any
niptct fail b perfoan, discharg~. ~aecut~. ~ffact, compl~t~, caenply wi~h ~+d ~bid~ by M:s covenant, a any part he.wf, sa~d MORTGAGEE may pl~c~ ~nd
p+Y fo~ such inswar~ o~ ~nr part ~he~eof w~Mout watv&+p or affettirp anY op~ion, li~n, pu~ry, a rgM undN w by virtw o! th~i Mortg~, usd tM
iull amounl of tath and evsry tuch payme~?t thall b~ anmediattly dw and p~yaW~ aod shall b~ar interes~ f~om ~h~ dat~ thereo( until paid M th~ rat~ ol
nin~ pN cenwm per annum u+d to,~thcr wuA sucA interest shalf b~ secur~d by the IiM ot this nwrt9ayt. .
1. To p~.mi~, co~nmi~ w wffa no wute, impakment a dereriorarion of s+id propaty a any put thereof. i
S. To aN an~ ular the~cast~, ~
p+y sinp ch~rya ar.d ~xpe~ses, intludirp a rcasonable arrw~y's fee and coits of ~bsaacts of tirta, incwr~d o? ps~d at
eny Yun~ by sad MORTGAGEE, letavst or in the event of tAe failwe on the par~ of tht said MORiGAGOR to duly, ptomptly ~nd fv11y pa(wm, d.scFy.g~,
•Yecute. ~ffM. comptcte. comply w~th and ab:d~ by esc!? u~d every rhe stipularions, ag~eements~ cand;t;ons, ird oove~ann ot said promiuory noq and ~hit
matyape any or e~~hc~, and sa~d cosq. :hu9es u~d ~xpernes. eath sod ~vcry. shall b~ immedisrly due snd p~yable: wl?ether a nm thrre b~ notici da
ma~wl, ~rreenpr ro colkct or svit pend~ng: and tM full amouM of asch ~,d ~ve.y wch p~ymeM shall bea. infcreu irom ~A~ daq Mereof vnril piid at rhe
rate of e~n~ prr ce~tuen pa+r arwwm: and all said cosu, charpes and expenses ~ncw~ed or p~id. top~thar w~th iuth inler~st. ~11 b~ secwed by th~ IiM of thil
~9+~• '
6. Thd (a) ie the evcnt of any breach of this Mortgsg~ or dafavlt on tha put of the N10~tTl;AGOft, a(b) in 'Fe event any oi sa~d ~s~ns of ewney
haetn r~ferred ro be not prompt~y a+K! futly pa;d wi~hin ~lw1y (SO) oays nrxt afte~ the sama severally 6ecome due and p~yabla, witho~t dern+nd a ~o~:ce,
o~ W in the event eacl? and evcry the stipulatiom, ~g~~emc~n. conditions and tovenints of sa~d promis~ay note and t!?~s morl~sye any a eitAer ue rwl
iuly. pranptly u~d (uly p~rfwmed, d~xMrged, esecu~ed. e(fected. compkred, compF:ed w~eh and abidcd `~y, theo in e~fher a any such went ~he said ~g
gre~ab wen er.snrioned in said promissory rate then remaining unpaid, with interest ~cuued, and aIl moneys sscwed hereby, shdl becane dw and pay.
~b1e forthwith,, p tF~lfNffN, a~ the opr~on of said MORTGAGEE, as (vlly ~,d compkrely as it ait of tl+e said sums ot mo.~ey were orginalty sr~pularcd
ro be paid on :vcA day, any~h;ng in sa:d pran;ssory note a in f6is AMrtg~ge ro the con~rary rwrwi~hsrar?d~ng; and thereupon or there~f~er at ths optan of
said MORTGAGEE. without oorKe or c+em+nd, wit at la~r w ie~ equiry. there(ore ar thereaAer begun, may be prosecvted u if ~II ma~eys sacvred hareby
hi(~ mi1Wld ptW? to its in3titutiOR.
7. That in thr event rhat at ~he beginni.g of e~r at sny time pending soy suit upon this Mwtgsge, or to faeclose i~, o~ to ~efwm tt, p to enfwp
payment of any cli~ms hereunder. sa~d N10RTGAGEE shall ~pply to the Coun havirg juriad~u~on ~hereof tor the appo.otment of a Receiver. svch Court shall
Fatliwith appoint ~ receive~ of said mor:9aged prope~tY afl and singufu. i++clvd~ng all and sirgvtar ehe incwne Fro~its. ;ssues and revenves from whateva
sowce derived. eacF~ ar~d every of whKh, i~ being express!y und~:rs~ood. a hercby morrgaged as if ipec~fically xt fa~h ~nd desvibed in the granrinp s~d
Mbendum ctavses hereof, and s~rch Reccive~ shall have alt fhe broad u~d effective (uncuons u~d powers in anyw~se enfrvsted by a Cou~t ro a Receiver, and
sxh appointment shall be mads by such Cowt as ~n ~dm;tred eqvity and a matrer of absolate rigM ro said MORTGAGEE, u~d without referenre ro the
+dequ~cy a insdequacY ot the value of ?he pope~ty mo:fgsged p to the sonrency w inwlvency oi said MORTGAGOR p Ihe dcferrJants. and thal such
rents, profin, income. ~uues and ~evenues shall be applied by such Receiver acco~d;n9 to the lien a pvity of said MORTGAGEE and the practice of wcA ~
Cowt. , s
8. To dvly, promptly and fully perlorm, ~sch~?ge, execute, effect, complete, comoly with and abide b eacl~ and e •
cond7tiom and cove+~ams in said p.omisaory nore snd ~his mortgage ser forrh. y ~Y the stiPul+tia?s. +9~semenn, i
9. Th~t in tke event tMe ownenhip of tAe mon9aged piem;ses, a a~ryr put thereof, becomes vested in ~ perwn other thu~ the MpRtGAGOR, ths
NWR?GAGEE. ia successws u+d ~ugen, msy, withou~ notite to the MORTGAOR, deal wifh :vch waessor or successor in interes~ wirh ~efe~ence to Mis
mortgaye and the debt hcrebp secured in the same manner as with Mwtgaga wi~how in ~ny way vitwting or d~scharging the Mwryago.i Iiab;l;~y hcra
unde~ w upon ~he debr here6y secwed. No sale of ene Frem]ses hereby matgaged u?d no forbeusnce on the put of ~he MpRiGAGEE w in succcsson
w sssgns and ra e:~eniwn of the timt fw the payment of the tkbt hercby secwed given by the MORTGAGEE or its u~cceuas or ass~gns, ,hal1 operate
to :~+ease, discharge, modffy cha~ or affect the orig~nal Iisb~Gty of ~hc MORTGAGOR herein, either in whok w in parf.
10. It n spedfically ag?eed thst time is of the easence of this contrac~ and thst ~o waiver of any oblgat~on hereu~der p of ths oblip~tia~ s~
a.rod hereby snall at any tune thereafte~ be hcld to be s waiver of the terms hcreof a of Ihe instrwnent-secwed herby-
11. In addrtion to rhe fxego:rg monthly paYments of pri+K p~l and interest requ~red by the promtssory npte secwed hereby. mprlgagor c~ovenants
~ and arrees to pay ro mortgaGee w;th each momhiy paymcnt an sdd~r~onal swn e:timated by mwtgagee to be eq~al to 1/12 of the a:u~ual cost of the fdlow-
ing:
A-AIt real property taxes kvied or aasessed agai~st the above desc.ibed rral estate.
B-Prem~ums on f~.e and windst~rm insurance as here~n requ:red ro be carried on the ir,+proveme.~ts sitwle on the above described ,~remises.
C-Premiums on such mortgage gvaranty inswsnce as mortgagee sh~Il fro:n time to time deem fit to carry on the loan secured hereby,
M~wtgagee shall from time to t:me nptify mortgagw in writirg of thc amount due and pay+bte herax~der and such wm shall there~pon be due and
payabla on tne .due date of the ne:t monthty payment and exh successive manth thereaFMr ur.ril mortgayee shall not;fy mwtgagoi of a ci~ange in such
s~++ount. Such wms shalt be applied by mortgagee roward ~he payme~t of real property ta:es, insurance prem:ums. ~id mortgage gwranty insurance
prl+niumf_
!H WR WH EOf, tlx said MORiGAGOR has hereunto set his hand and seal the day and yeu Pust afwesa'
~ Siy al a liver n the presence of: ~ ~
1 r/ ,
~ n
~
~n
STATE OF fLORIDA ~
Saint Lucie ~
couNr~r oF
Defore me Qersonally appeared --~I.j- 7 l ~ A F P P t P T ~
Jum i 11 i s e1UT16 P e t e r s, _ t,~, W;r~, to me wel l known snd knawn to me to be
the individusb described in ~nd w}w exr_uted the for e
g w n g i n
str u m e n t, a n d a c
k n o
w l e d g e
d b e i we me t h a t t F ro y execut e d t h e ssms for the pwposes
r~*~M .~.~a. n,.a r~ Jumi 11 ia Jwrte Pet ers ,
wife o4 tM ~~a - W i 1 i i e F.. P e t e rs upon a separate snd pr:vat~
examinat~or? by me ta4ei+ separate ar.d ~pan from her said husband, adcnowledged to and befwe me that she executed sa;d ioatrument frce,y snd volun-
ruily and w:~hwt ar~y compulsion, constraint, apprehens~ ~ear of or from F~er said F~usba~d. _
WITNESS my hand ~od offic;al seat tfws = d~y o} November D. i9_~.
Notary ?uWic in and (or the State of Flori~~
Retvrn Ta ~MY Carnrn~ssion e:~ires:
'v .
F'irtf Federil'SaCinps b Loan Assaiatiun ' . -
Of fbrt~ Pierce. = ' ~ ~ • - .
Fort Picrce. Flxids ~~l~C. STATE 06 Ft0°1QA at LARGE" y~ '
IdY C~N!MISS~r:i E~ ~;3,5 M~Y. 23. 1968 ~ ~
flLEO AND RE~OROED = _ .
ST. LUCIE COUiJTY• ~~N• ~ONDED TMIIOUGM iRED W. DIE57ElMORST-- -
R~rt?F~^ ~r~~~l=~E~
16i'78'7 - . =
'6Z NQV I T 9: 56
: ~,:?K :s a«~1~9 ~ 390
CLERK CIRCUI7 COURT _
i,
/ 11
' F:l.;: ~oi - -Yy
~ ~ 19. ~A S-5~:~+,~ - _
GN , ~ 1 y