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To ylac. and oo~rl~wou~hr ~P on ~M b~:ld:ntis now a M..af~ w~uaa on s~d land and on aU pu~pmenr an~i p~rwn~lb covM~d bY ~~9'
g~, with ~!1 pr~miweR thcYeoe p+:d in full, fin inswarw~ in tM wwl sundwd policy tonn. ~n • sw~n approv~d by Hw MORT MGE~
W?CsE~E
~w
tnswana in tM vswl irand+rd PaK1? fa~a, h• swn +pprowd bY ~M MORTGJ?GEE: in wch cawp~nY w coTP+^~N
dir~t ~nd all tir~ ~nd wirwk~onn 'w~swano~ Potici~s on ~ny Of Mid bVil~inQs. M1Y MllKfit fINfM~I OI pMt fMlWf. in tM pprpu~ we? ~4or~wid a
tn ~xcrs~ ~ha~of, shall oonuin tM vswl u~ndard morp+q~+ daa~ a wd~ a1+K dr-~w as tM N~or~y+p~+ in+y nquk~. ~?+kin0 ~M bst °"dK said potF
cza. ~+cA and wKY. wr+W a.ad MORTW?GEE as ~K intarast nwy app~~r. and ~ach and ~v+ry wd? polic~ ~ha11 b~ pramptb ~ss:9ned ~~d dNirK~d w
~ny MW by aid MORTGAGEE a iwtMr Na+rit~l w uid R'•onp~e d~W. u~d. eat I~ss tlwn »n (101 day~ h ~dvanu of th~ ~apir~~ion of ead+ polkll• to dr
livK b s~id MORTGAGEE ~ nnew+l tMrwf, wptthw with ~ ra+t~pt fw the prNnium of wch ~~newalj and tMr~ sMll b~ no fir~ o? winds~wm iraur~nc~
plapd on a+y of ~id build'inps. ~ny inta~at thK~n a put therwf. w+l~ss in th~ fwm'and wilh ~M losf p+Yabl~ u ~fa~s+~ a~d tM ~wr?1 any swn
of ,non~y beco~na paYaWe ~ndK wch polky a po1~s sad MORTGAGEE ih+U !ww dr oprion a~eaiv~ aod ~pply ~M wm~ on ~ccoun~ 01 ~ ind~b~~
ewsa wcw~d M~~ or a permit ~+~d MORTGAGORS to ~so~+w N+d us~ i1 a~MI part tF.~reof fo. o~i+er pu.posea. wi~hout thereb~ waivin~ a rop+ir-
i~+0 +~+r ~~b. li~n or oiplu w~de~ w bp virtw d~his ~~ap~: and in ~M ~vsm w~d MORTGAGORS sh+ll fa +Mr .~aso~ fail ~o ke~p ~M u~d pr~ses io
insund a fail b deliw. PromWb uW of said potKies of insursnu b s~7d MOItTGAGEE. a fail promP~h ~ Wl? ti~h/ +~Y W~+niwn ther~fw w In ~nr
n~ct fail b pKfon~, d'acharp~. e:ccut~ ~ff~ct. compl~M. oo^mPh~ wi~h and ~l~M by tAis covM+rd. or any put Iwr~of, said MORiGAGEE may pt+o~ ~nd
P+Y fa wd~ i~nw~na or wqr p~et thered wirhout w~lvinp a affKtinp +^r aW~on. li~n. pu~h. a ripl?t wdK a by vi.tu~ of thi~ Matpap~. and tM
full amow~~ of ~ach and ~very wch paym~nt ~MII b~ ~,~.d~,»y dw «?a P.y.ba a~d sn+u bw ina~~st from tM daN thsrwf until paid M tM rat~ ol
nin~ pN umwn pa ~nnwn and w~e~M. wirA wch inr~.es~ shs~l b~ seaxed Mr ~M li~n of this mat~+p~.
1. To pKmit, ooe+rnit or wffa no wut~. Ia+P+irm~M or d~taria~tion of said p~opsrty or ~ny p+A tlwrwf.
S. To pay ~II and sinpular th~.cwn. ch+rpes +^d ~:P~^u~, includinp ~ ~eason+bt~ a~t~rney's fe~ •nd oosn of aMn~c+s of ~ita. incurred o~ p+id ~t
sny tirn~ by said MORTGAGEE, b~cws~ w in tM evtnt of tM (~ilur~ on 1M pirt of tM ssid JNORTG/1GOR w duly. pranptly +~:d fvly paiorn~, d~xMrg~
execvt~ ~ffect. oanPl~t~ oomplY virith and ~b:d~ b~r ~ad+ ud enery the stipuia~ion~, ag~eem~n~s. conditiaa, and coven~nn of s~id pr«nisw~Y not~ and tFw
^+wt9+p~ +^r o~ ti~ha. ~nd ia~d coaa. d~+rpes utd expsrws, ~scl+ ~nd wery, slwll b~ i~rrnediately dw and p+Y+ble; wl+etl+er or not tMr~ b~ eatioi d?
m+~d. ~nempl ~o oollect a wit ptnd'uy; and th~ full arno~xN of aacl~ aeid aw~Y svd~ WYm~nt sMU bw inrerest f~an d~t d~te thereof until paid +t tF~e
rate of ~re~ pe~ centwn per anwm; and all s~d ccsn, d~rpe: ~wi sapsa~es incwr~d or Wid. wy~~hs~ with wch interat, sh~ll be wcured by t!r lia~ of tha
rnor~p+pw
A. 1'f?at W in t!w wr+t of x~r brsach of tFw Mortpap~ a default on Nr pa~t of the MORTGAGOR. or (b) ie th~ ~vent u~y of sa~d wens of ~
herein nfNr~d to b~ not pranp'hr sad fully p~id wi~hin thirty (30) d+ys nex~ ~fte~ the same se~renlty b~come due and payabk. without dem+~! w notice.
or W in the ~wn~ erch snd wery tM st'~ulat~ons. +9reeme^~s. condtioos and covee~ants of s~id promisso+y note u+d tlws mor~y~ye any a ei~her ~n no1
iuly, promptly u~d fuly performed, dixhupcd, eaecvted, ~f(ected. canplcted, compli~d witl~ u~d sbided ~iy. then in e~the~ or any such ~wnf tlr said a¢
pre~at~ s•xn mentio.wd in said pran.uaY note then ~sm~iniiy unP+~d. with interest ~ccrued. ~+d all ma?eys secvred hereby. sh+ll becane dw and P+Y-
eble forthwith, p thereafrer, at tM option of sa:d MORTGAGEE. ss fully and mrapktely as if all of the said sums cf money were or~pinally sY~pul~ted
to be p~;d en svch day. anythinp in sai~ T-omiuory eate or ie Ihia Mwty~ge ro the co~fr~ry nawithstanding; ~nd thereupon or thereafte~ +t tM oprion of
sa~d MORTGAGEE, w~thout notice w dsm~od, wi~ ~t I~wr or in p~rity. tI1NlFOr! Of 1FIQfNItN ~1M. flHy bfd plOStCVt6d i~ 1~ ~II moneys s~cvred Iw~by
i,ad maru.ed p.ar a~n inst~~v~ia+.
7. Th~t in tl~ event thst ~t the begimi~g of w N any tirn~ pend2ng aoy wit upon this Mwtgsge. a to fo~eclose N, w ro rofonn it, or b enfaa
payment of sny cla'ren hereunder. s+id MORTCsAGEE shall apply to the Court having jwisd~ctan fhcreof iw the appantment of a Receiva~. wch Caxt sh~ll
fortliwith appo~nt a reuiver of s~id mortg~ged prope~y all and sing~ta?, includ~~g sll ud s'vg~lu ~he incane. profits, issues and revenues from whatever
~curce derived. each and every of wh+ch, it being e~epressly w~de~seood. is hereby mortgaged u ii spec~fK~lly set for~h and described in ~he pr~ntiny and
habe~dum c4uses I+creoi, u~d such Receiver shill Mve all the bo+d and effecrive fw+ctans and powas in ~nywise entrus~ed by a Couat ro~ Receiver, and
such ~ppointment sh+tl be made by wch Cowt as an sdmitted equity and s m~tter of absolu~e rigA~ to said MORTGAGEE, and withovt refcrence w tl+e
adeq~racy a in~deqwcy of d+~ wlv~ of the properry enor~gsged or to the sotnency a~nsolrency of sa~d MORTGAGOR or the defendan», ~nd ~hat such
renrs, profits, incane, asues ~nd ~everwns slWll be ~pplied by such Receivcr accwd~ny ~o the licn a equiry of s+id MORTGAGEE and the practice of wch
Court.
8. To duly, pranpNy +nd fully p~rform, diuhu~e, execvte. effect. oompletr, complY with u~d abide by exh and evary the stipulatio~, agreeme~NS.
conditiau and coveMnn u+ said promiuory note and rh;s mortg~ge ser forrh.
9. That in tM ~vent the ow~ersh~p of the mortgayed premises, or ~ny W?t thcreof, becomes wsted in s person other th~n the MORTGAGOR, th~
MORTCaAGEE, its wcuaiors ~nd sasigiu, maY, withow norice ro the MORTGAOR. deal with such wccessor a wccessw in inferest wifh re(ereece to thp
rnwt9sye u~d the debt haebp aecured in the sune manner u with Matgsgor witlaw in anr way vitiating er d~schugu+p the Mortgagori (i~bility herw
under w ~rpon the debt 1~creby secvred. No sale of the premises hercby mwtgaged and no fabearance on the put of tha NIORTGAGEE or in succcsson
or sug~s and ra exrension of the timr fo? the paymn+t of the debt hereby sccured piven by the MORTGAGEE a iti y~ccesson a au~gns, sl»II operat~ s
to relew, disclwrye, modify clwnge w affect the wigin+l IiabiGty of thr MORiGAGOR herem, either in whole or in psrt.t~
10. It es spec~fiully ~~reed rh~t time is of the essence of this contract snd that no waivar of any oblgstan hereunder or of tM obliy~Yan sr
a,red haeby shau st any time rhereaha be Aeld ro be a waiver of the terms he~eof a of the ir?strument secwed herby.
11. In add~tion ro t!+e forego:ng moathly psyments of princ:p~l and interest required by the prar.:sswy oote secured hereby, mortgsgor covena~ts
and ~grees to pay ro mo?tgagee with esch moml~lY payment an add~rionsl sum estim~ted by mwtgagee to be eqwl b 1~12 of the annwl cost of the follow-
ing: .
A-NI real property t~xes kvied w ~ssessed against the sbove described reat es!ate.
B-Premiums on fire and windstwm insur~nce as herein reqused to be carried on tl+e improvements situate on the sbove dew~bed premiaes-
C-Premiums on such mwtgage gwru~h/ inswance as mutgagee shsll from rime ro t'une dcem fit to cs~ry on the ban secu~ed hereby.
Mortgagee shall from time ro t~me notify mortgagor io writ~ng of the amount dve and paysbk Ixreunde~ snd such wm shall therevpon be due and
payable on tF+e due date of rhe neat mo.~thly payment and each success]ve month thcreafter ur.til mortg~gee shafl notify rnwt9agor of • cha+ge in wch
art~ount. Suth sums shall be applied by morigagee toward the payment of real property t~:es, inswante prem:ums. and morf9age 9uaranty insvrance
premiumf.
IN WITNESS WHFREOF, the said MORTGAGOR hai hereunto set his hand snd seal the day and yeu fir t aiorssaid. ~
~ Siyned, S~skd and ivered in the pres of: .
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STATE OF FLORIDA ~ [
~~,,m ~ S t. Luc i e ~ f
~f«e me person+ly appesred 3 aTG . ~ T A~ T1A ~nd ~
,~jsami e~ (`.=+gj,21,e his wife, to me well known and known to me to b~ ~
rhe ir~d'ividwls dewibed in and who exea,ted rhe foreyoirg instrwnent, ~nd acknowkdged before me that they executed the same for the purposes ~
.,~,.,~.d, ~ ,i,. Mamie T Craine t
w;re ~ Jey G Craine ~ . ,~,.,re ,~,a ~~.a
ex~minat:on by m~ taken separ~te snd apart from her said huaband, acknovrled9ed to and befae me that she eaecuted said inslrvment freely and volw~-
~ tarily and withovt aror cornpulsioe, constrsint, apprehe~~ a f~u of w from her pid Fwsband. -
WITNE55 my hsnd and ofP~cisl sesl this ~ day of /1. D. 19_~
Notary Pu in ~nd fa the Slate of Fbrida ~t larps
' My Com ion ~ap'ues:
Retwn to:
Fiat Ftdera) Ssvirgs 8 loin Association i
or ~ PK.~.. ?~otary Pu6fic. Sbte of flaid~ at Larqe ;
F«r vK.u. Fb.~a. ~5 My Commissios ~Expira AYq. 6. 1971 ~
'ij'f, b.a.s~,~.:~.F:.ac+~..~s~ ,
FIlEO AND RECORDED ' ~
ST, LUCI~ COUNTY -FLA. = j~ ~
s?=.^~~-~ ~,:R;FIEO " Q ~ -
162467' L ~ ~ Q'; :
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,~t/~['(? Q _ ~ g~,K1b9 PAf[1450
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C~Eh~; ~1R~~IT COURT~ ~ r
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