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Te pl~a +~w! conNnuovsly Iu~P on ~M bu+ld~nps now v~ herNha 4twN on sa:d land ~nd on ~11 eqNip~m ~nd PasonalN oownd by thi~ nwrq~ ;
p~, vrith ~U pn~niw~ tl+weon pa~d h fu11, fin Nwwancs in tl+~ ~wl s~+~+dud policY form, ~n ~ w~ ~PP~~ tM tM MORtCsAGEE. and windetorn~
imwaw~ In ~M v~wl ~ue?dard PdKI? fan~ in a iwn ipprov~d by ~M /MORTG~?GEE. M wd~ caeP+^y p co^'P~^'~~ a tM MORTGAGEE iway
d'inc~r and ~Q fw and wind~~ inswaeo~ policiK on ~ny ot s+id suitd~nq~, aMl inNrss~ rl+K~in w p+rt tM.wf. in tir ~e9+a ~wn ~toraaid a
nd~ ~ th~ bss ue~ ss~d Po~1'
In ~xasa IMnof. ~MII oontiM tM wwl uand+rd maq+pM ciwst or wcA alwr davN a ~M Mn+?yapN Y nq~w. n~+~?~p
ciM. NcA and ~wry. WY+b1~ b said MORIG/1GEE ~f ib intKNt m~y ~pp~a~. and tatA ~nd ~vNY ~ P~~~l? sh+l) b~ pton+Wb us=9Md ~nd d~liwr~d ~o
.nr MId by said MORiGJ?GEE ~ turrha s.cwin ro s+d mo.rpy. d~W. +nd. na I.ss N?~+ ~ l1W d+Y~ in .dv~+u of dr .~cplr.~ion of ~.a~ Po1KY. a d.~
IivN w Nid MORTGAGEE ~~Nww~l therwf, wyNha with a nuipt for tM pr~nivice of wtA t~n~w+lj and tMh sh+ll b~ no f'~n a wGdstwin inwr+ntf
plaad on ~n11 of wtd build'~ng~, ~ny Mte.eq thaw+ ar part ~Mnof. unl~ss in tM i~orm'~nel witA ~l+~ loas p+y~bM as afwts~=ds and in ~M ~wnt aw sww
of nan~y b~oonN~ p~YabN ue;de~ wd? P°~kY °r Pd'G~s ~+'d MORTGAGEE sh+ll Mw ~M optan b nuiw ~nd +ppy tM s~ oe +eoow?~ 01 tM L+d~b~
~~w~ ~~y a p pKmit s~id JV1pRTGAGORS to reuiw and use h a aoy po?1 th~rwf fw othe~ pwpotes. wi~houl tlu~ebl waivinp or wnpai~- t
Inp wyr puity. li~n a ~ght wder w bp vinw of this mostpap~t ~nd in tM ~w^t wid IItiORTGAGORS sMll fw any nawn fail b luep th~ s~id pr~is~s w
insvred. or f~il b d~livK W~P~b ~^Y of said pol~ciss d irnvrM~oe ro said MORiGAGEE. or f~il promP~N ~ WY fi+~hl +^Y P~~•n:wn tiNr~fa~ or in ~n1r
h~qct f~il b patonK, fiixh~.p~. ancut~. ~fhct. compl~?~ oanP~ll witA ~nd abid~ by tl+is covenanf, a ~ny p~rt hKwf. sud MORTGAGEE may plac~ and
P+Y for wd~ 6aw«?c~ w any p~rt Nr.eof withow wahrinp a ~ff~ctinp +~w aW~on, UM, ~~Y. a ripM wd~ a bY vi.tw of dw Mort~+p~. ~nd ths
fvll ~movM of ~.th ~nd twry wth p~ynwtu sh+lt b~ imrn~diaMly dw and pyabb ~nd ah+U b~ar intK~st f~an tM d~N thersoi ~ntil paid M 11N ~~N of
ni~ pa ou?twn pM ~n~wm +nd to~etl+er with wtA interat sh~ll b~ s~tund by th~ IiNn of this p~wt9~.
a. To pamN. ao~m~+it a wff~? no wut~. h~pairmcnt or deteria~tan of said propat~l a~ny p+h ther~of.
S, To pay a11 and sinp~rla th+~ces~s, cAupes +nd ~xpaws. inc~~d"'p a rsason~bM attorney's fs~ and ao~n of abstrads of titl~. kKVrnd w p+id
•ny tirn~ by ~aid MORTGACsfE, b~cavs? or in tM ewnl of the failuro on th~ p+n of tM s~id MORTGAGOR w duhl. w«•~ ~y w~y w~i«m. a~~~,.~
execv». ~ihct. comPl~q. aanPb with ~ad abak b1? ~~nd every tl?~ stip~rla~ions, apre~ma?n. ca+d~tiom. ~nd ooven+nts of ~id pror.,issory noh and tha
~t9+N +~1~ or e~~her. ~nd ~id ow~s. cMrQa and ~xp~es. rach and ~very. sMll be h~ened'~ately dw ~nd pay~We: whe~t~x a ow ~Mn b~ norioi d~
maod. anempt w coliM or wit pN+d~np: and tM full ~nou~t of exh and wwY s~d~ P~r~^t slwll bsar inrer~st irom tM dati Nr.eof vehl p~W ~t tM
.ate oi ew~ pK unwrn p~r w+~wrn: ++~d all said o5sn, ch+rqes aed eap~ws i~awnd or p+~d. iop~ti~ with wch iMerat, sh+ll b~ s~cwed b1l tM lia~ of tlra
matQ+p~. -
0. TMt (~J in tM ~w~a of any breach of this N1orq~ or d~f~utt on the part of th~ MOR~GAGOR. o? (b) in tM ewet ~ny of ~a~d w~m of mary
Aatin r~hned w b~ no1 promptry ~nd fuly paid within thirty (30) d+y~ oeat sfter ~he :am~ severdly bacome dw and p+yabb. without dana~+d or ootiot.
or W in ths ~wnt exh and ~wry tM sli~ulatioro. +9~Nrnenn. oa~dttions snd coven~nb of sa~d promissory not~ and th:s mort~+p~ +oY or eithsr u~ nol t
~uly. promptly and fully pKform~d, d~sch~ryed, sxecuted, ~(fected, completed, aomptisd wi~h ~od abided ~iy. tl»e in eitMr a any :•.xh ~wnt th~ s+id ~g
pre~+t~ swn m~ntia+~d in s~id pranissorY note then nmainin0 wtiP+id, with interest ~cuved. and all ma~ep secw~d hereby. ah~q becan~ dw and WY~
~bk forthwith, or thersahea. at the optan of uid MORTGAGEE, ~s fully ~nd completeh ~s if ~11 of the s~id sums of nwney wer~ orpie~tly aripul~ted
to be paid on ~ud? day. anythirg in said p.om~ssory note o. in rha Mat9age ro ~he conuary ratwirhsru~dinp: and thaeupa~ or thereafta at tM opt~on of
uid A110RTOAGEE, without eance w demaod, wit at bwr or in puity. thereforo a thtreaher ba9w4 +n~y be prwecvted ~s if +~I monrys iecvr~d hueby
had matured par 10 ~a inst~tution.
7. ?hat in ths event tha~ st the beginning of a at any tNne pend'ug aoy wit ~wn this Matg~ge, or to fweclos~ it, w w reforrn it, a to enforc~
payrnent of aey daims Aerew~der, s~id MORTGAGEE sMll apply to the Cour1 h~viny jurisd~tlion thereof for the appa~tment of ~ Receiver, wch Court sh+ll :
fortl+with sppoint s receive+ of said mortgaged property all ud sirgvla?, includug all and singular the incwne. p~oiits, jswes and revenws fran whatever ,
sourc~ derived, ead+ a~+d every of wKKh, it being expreuy w~dersrood, is hereby mortgaged +s if spec~fiuly se~ forth and describcd in the y~anring and
habe~dwn davses hareof, ~nd such Receirer sh+ll have ~II fhe brwd and effective funa~ons and pa~e~s in anyw~se e~trusted bY + Court ro a Receivsr. and
wch sppointment sh~ll be made by wch Caxt u u? sdmitted eq~ity and a m+tter of absolure •iyht ro s+id MORTGAGEE, and without ?~ference ro t1+~
adequxy or iewdeqwcy of the v~lue of the piope?ry maty~ed or to the sonrc~cy w insdvencl/ of s~id MORTGAGOR a the defendants, and ~Mt such
ren~s, profits, income. issues and rwenws shall be applied by such Receiver xcord~ to the lier+ or pvity of said 1Y10RTGAGEE and the practiu of such
Court.
8. To dvh;. promptty snd fully pe~form, d'ach~rye• e:ecute, effecl. complete. comply wiM ud sbid~ by e+ch +ed wery tl» stipu(atiw~; yreema~b,
conditans and coverwnn ~n said proenisaory not~ and this mortgsge set forth.
9. ih~t in d+e event the ownenhip of ~he mortg~ed p.emaes, w any put thcroof, becomes vested in a penon othe. thsn the MORTGAGOR, tlw
MORTGAGEE. in wcces~o~s and ass;gns, msy, without no~ice to the MORTGAOR. desl w~th such wccessor or successo~ in i~?terest with reference to tFus
mongs9e and the deb~ hereby searred in the same ma~r+er u w~rh 1Nortgago. w~tFww in ~ny way vituYu~y a d~scharging th~ Morr9+go?s' (isbility hKe-
under or iipon the debt hereby sccured. No ssle of the prc+nises hereby mo~tgsged and no fwbesru~ce on the pan of ti~s MORTGAGEE a in successon ~
or ass'gro snd no exte~sian of the Yune for the p~yment of the debt hsreby secwed piven 6y ~he N?ORTGAGEE or its svcoessors or auiyns. J?+11 operab
eo relsas~, d~sch~rpe, modify cl+~npe or ~ffM the wipinal Iisb~Gty of the MORTGAGOR herem, either in whote or in put.
10. It ia specifiutly agreed thst time is of the cssence of this co~tract and tMt no waivd of sny obligat~on hereunder or of tht oblig+tion se- :
a.red Mreby sMlt ~t ~oy time the?e~fter be held ro be a waiver of the terms he~eof a of the instrument secwed herby. ~
11. In add~ran to the forego:ng monthly psyments of princ'pDl and inrerest required by the promissory note secwed hereby, mortgagor coven~nb
end agrees to psy to morigsgee with esch monthly payment an ~dd~rionsl swn estim~ted by mortg~gee to be equ~l to 1/12 of the annual cost of the fdlow- #
i
A-All real proper:y taxes kvied a ~ssessed agairot the above described res= estate_ - '
8-Premiums on fi•e and wi~dstwm inwrartce u herein requ~red ro be urried on the imp~ovemenri sitwte an the above desvibed premises. f
C-Premiums on wch mon9age 9inn^tY insvru~ce +s mortgagee shaU hom time ro twne deerri fit ro carry oo the bsn secured hereby. ~
~I Nlortyagee shall fcom rime to time notifY mor?9sgw in writ~ng of the amount d~e and psyabk herew+der and such wm shall thereupon be due and !
payable on the due date of the next monthly payment snd each s~ccesirve month thereafter ur.til mwtgagee ~l~all ratify mortgaga of a chuge in such
amow~t. Such wms ah+ll be ~pplied br mortgsgee toward the p~yrt~ent of re+l property taxes, inwrance p?emiums, and Rw?1gs~s yuaruNy insurante
premitrms.
IN WITNESS EOF, the said Ah0 AGOR has hereunto set his hand ,and sesl the day and year fint ~forwid.
y~~, in .
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n
rs~,n
STATE OF FLORIDA ~ .
Saint Lucie ~
courmr o~ .
~ ~ ~,p,~~h Joseph M. Chesser
K~thrvr~ i__ (~leSgpr ~ 1us virife, to me well known and known to me ro b~
tfie fnd'ivWuab desazbad in ~nd who execured the fae~inp insmwnent, and ack,wwkdged before me that they enecuted tl+e sarne fw the purposes '
the?ein ~xpnssed. Md th~ ~ai~ Kathrvn L. CheSBel~
w;f. ~ Joseph M. C'hesser „pon . ,ep.nro .~a prw.~
ex~minaYan by m~ taken ~spar~t~ and spart from her said husband. ~cknowled~ed to +nd befwe me tMt she execvted s~id instrument fnelp and vokin- :
rarily and without arnr cor+~pubion, constraint, ~ppreherni q„~ fear of or from fwr ~sid Iwsband. . 1
,
WITNESS my h~nd and official se~l t' day of A. Q. 19StZ
- ,`~~,,..nnr,. ~
r
Not Pubtic in ad fw the Stah o~.Npfi~~ J~
My Commisfion ~xpires: ~
Retvm To: - a . . ~ _ _
Fkst F~d~ral Swinps i l.osn AuociN~on - ~ , ' ' ' ~
Of Fort P~erce. MOTARY PUELIC, STATE af FtORIDA st LARGE • i'- w_. ` e ,
Fort Pierce, flo.ids !1Y COfdt61SSIGV E%PIRES IiOY. 2 9. 1 9 W . O!, ~ f ~gq
~ONDED TNROUOM rRCD DI~T<Li10AR - ~ t . ~ ~ ~ " ~
~(7
. . ~ . • i
FIIED ANp RECOROED - ~ ' •
_ ST, LUCIE COU.ITY, FLa. - ~
(::-rr~7~ :,c~ p~r;~''} .
162`?'44
'6l ~r~ 20 ~C; 23 ~
~ . s~x ~b9 0~<< 1E~5 ~k
::p..:-,. ~-~~~ri+: s
~ CLERK ~~UrT COUR7
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