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J. To plau arw! ooa~awo~rslr keep on th~ bu~!dinps now a htr~afru vtuats on a:d land ~nd on all pwpm~ni a~d p~.wnally cownd by this ma1~
w~~A all prseniwea thereo~ pa~d in full, fir~ insurar?c~ in tl~ uwa: s~udard poiicy fonn, tn a swn apprcwd by rM MORTGAGEE. and wind~~wrn
iravrsnp h th~ vawl i~u~da.d pol;ty fa.n, in s w+» appoved by t!» MORiGAGEE; in wch comp~ny o? canpau~s u tht MORTGAGEE nwy
dinnt ~nd dl tir~ and w~ndsarm iniwanc~ pol~c;ea on any of sa~d bu~W:nps. u?Y ~uK~it tMrein or ~ut ~Ae~wf, in tM ~ppre~+q swn afortiasd w
In ~xaa tMrwf, sF.all ca+ain th. u~wl sraand.rd mo~~9a~ c~auu or such aher dause u rM AAata,ge. n?.r ?e~uu.. maAinp ~M Iwi undM uid polb
ciw ~ad~ and we~y. par+ble ~o s+id MORTGAGEE as ~ts ir+terest may ~a~, snd tach N+d ~wry t~ch policy sMll pranptly ~ss:9~ed ~r.d d~tiv~~~d ro ~
u?y h~W by s~id MORTGAGEE as fwtha sswr~ty b s~id mort9p~ drbt. sed ~wl kss ~han ~a+~ (10) dars in sdvuKa o1 ~h~ ~apira~3on d~ach polccy, b d~
livsr b aid MORiGAGfE • r~new~l 1M~wf, to~t~h~r with ~?eceipt fw tAt p~mium ot wch ran~wal; and ther~ sMll b~ no fir~ w wlndstwn+ inswu~o~
plaad on ~ny of said b~ild'u.ps. any in~e~~st tMrs~n a put N~erwf. ~n?leu io ~M (wm'~nd wi~h tM loss pay~blt a~(or~said: and in tM wN~t any win
of mon~y bicorews paysb4 wde~ wcl~ policy a polic:a said MORTGAGEE sh~ll Mw tM optan ro rcuiw ~nd apply th~ su~w on account o1 ~he ind~D~d~ ~
r~s ucw~d hKeby or w pe:mit iaid MORTGAGORS w rscsiv~ and us~ it or any ps.t rAereof ~w o+hc. pwpous, v:~~hou~ th„rb/ wai~i.,y or wnpair-
iny ~nY pvity. INn a~iqht under or by vutu~ of tFw mo::y~e~ M~ io 1M fvent Nid MORT(iAGORS shaN fp ae~y ~N~.~ fail to keap th~ said pr~m~ses w ~
inswed, a/ail w d~liw+ grompty ~y of said pol~ci~s of insursr?c~ to s~~d MORTGAGEE. a t~~~ wa+w~b +o wr f~~y sny pra.nium therefor a in any !
~~ipact f~il b panocn~, dixhug~. execvt~. ~fhct, compke~. comply with and ~bid~ by tha cove~?+nt, a anY part hereof, said IYIORiGAGEE may pl~ ar?d ~
P~Y fa wch buwaece or any pan the.eoi wi~hout watvinp a iff~cH^D +~ryr opt~on. ~i~, pu~h. or ~igh~ ualK or by virtw oi this Ma~pp~. and the ~
fv11 anawu of .ach and wery such payma+~ sh~11 M w+wned~sr.ly dw and p.yabl~ and sh~t1 bca. tn~sr.s~ fran ~M daa ~hsreof unril pa~d a~ ~M r~~~ ot ;
n~ pK ca~twe pN anrwm u~d ~ogethe~ wieA such intsreit shae b~ secured by rh~ !iM of thi~ tewrtQape.
t. To pKnNr, ewnmit w wffsr no wut~ irnp~;~ment a dete.io?at;on of ~sid property or any p~rt tF~e?eof, 1
S. ?o pay all ~nd ~i,pulu the cost~ chuyes a~d e:penses, ~nclud~np ~ reasauble ~trorneys fes ~+d cosn of ~Mt~arn of titlt, incvrred w paid at t
~ny tinr by iaid MORTGAGEE, becaus~ o? in ~M evsm of th~ f~ilwe on tlr pa.t of tl+~ s~id MORTGAGOR to duy. promptN ~nd f~lly pMfwm, d:scharga~ j
e:ecvt~. etfacr. oompkt~. cwepty w~th and ab:de by sxh and every the srip~la?iwn, agre~menn„ cond;tions, and aovenan+s of ia~d promisswy nota a~d ~hii ;
'^~~9+~ +^Y o~ ei~he~. and ss~d cost~, chuga a~d ~xpen~es, each and every, sMll be imn+ediatcly due a~d payabk: wlxthe~ or not ther~ bt ~otioi ds
~nand, ~ns*np~ w collect w suit pendng; u~cl tM full s~eqwN of sach and evtry wth payment thaN bear interat fran 1!» dat~ tl+eap! uniil paid a~ H+e ;
ra~e oi rwie pcr cav+tum paY annurn; and all said cdsts, chuyes and expenses incwred or p~id, k~ther with such intert~t, shall bt secured by tht lian of this
mort~ipt. I
e. That (~i in th~ event of any bre+ch of this Mortgsyt or defa~(t on the p~rt of the INORiGAGOtt or (b) ;n ~he event anr of uid svms ef nqner
he?ein asiared ~o t» oW promptly ~nd fully p~id within ~hirty (30) days nlat iftN Ih! tamO tlvN~lly blCOm! {~y0 and psyaWe. wi~houf demaod w notice,
or in rh~ ev~nt each and ew~y tl+e s~ipulation~„ greements, cenditiau ~nd coven~nts of ss~d promiuory note s~d tlus mort~s~e any w either are ew
iuly. promptty u~d /ulty pertormed, d~scharged. executed, ~lfected. co.npkted, compGed w;th ind ab~ded hy, then in ei~her or any such event the sa~d g~
yzeq~h swn mentioned in said promissory note ther? remsining unpaid, with imeresl xaued, and all moneys setured hereby. thsll bctomt dw aed p~y.
ebte fathwith, o~ ~hereafter. ~t the option oi said MORTGAGEE. u fully aed compterely as if •11 of rhe said Hpns of money we~e a'+pFn~Jly sr~pulated
ro be ps;d on such day, anythi~+g in sa;d prom~ssory note a in this l:,at~age to the con~rary nawi~Mtanding: and ~hereupoe~ o~ the.eafter at ~he opt~on of
said MORTGAGEE. without not~ce a demand, sva at Isrv or i~ puity, therefwe or thert~fte~ be9un, ensy be proyecyted u if all mo~eys sacv~~d hereby
had maturld prwr to ib insfitufion.
7. 1Mf in ths evenr ~Mf at ~he bcg7nn;ng of or st ~ny rnme pe~!'irg aey wit upon this Mwtgage, or to fweclose it, or ro refwm ir, or ro enforcy
psyment of ~ny cla~ms hcreundxr, said MpRTGAGEE shall apply to the Coun having jurisd~dion Ihereoi iw .~.N:,,ni,ncnr of a Recc~ver. svch Cowf shalt
tatliwi~h appoint a receiver of said morrgage.! properry a!! and siogulu, incl~rd~ng aSl and stngub~ the incwne, prnfits, iswes and reve~ues (rom wha~ever ' ~
souru derived. esch ~nd every of wh3ch, it bc~ng expreuly unde~s~ood, ii hereby morrgaged u if spec;ficaly xt fath and dewibed in ~he p.a~rinq and
haberNf~m clavses he~eo(~ ~ffd SNCFI RKlivN flfill INV~_iU iI~! IXOid ~nd lHKfiv! furKtqnf and pou,ers i~ anywae cntrusfcd by a Cwrt to a Receive., and
wch appoinmronr shall be msde by wch Covrt u an admitted equ~ty and ~ matte~ of absoluro ~igh~ to s+id MpRTG:.fiEE. u~d withou~ reterenee to tF?e
sdequacy a insdeq~acy oi the value of the property mwtg:ged « to ~he so+~rency w:nsolvency o( said MORTGAGOR or the defenda~ts, and th~t such
rents, profits, income, issues and rererwus sMtl be appGed by suct~ Receirn ~ccord~rg to the tien or pviy of said MORiGAGEE and the practic~ of such
Cowt.
8. To d~rly. promptly snd fully'perfwm, dischs?ge, ex~te. effect. complete. templY wi~h and abide by exh ~nd every the stiFwlations sgreere~ty,
ca+d~rans and ca?en+nrs ~n sa~d promissory nore and rhis mongage xt fa?h_
9 That in fhs evtnt the ownership of the mortga9ed premises. w sny paN thereof, beco~.?es vested in a person other rMe~ the MORTGAGOR. ~h~
MpRTGAGEE, iri successon u~d sug~s, may, w~thout notice ro the 1NORTGAOR, desl with such succeuor or wcccssa in interesl wiih reference to this
mortg~ye ~nd the debt herebr secured in the same mamer as witfi Morrgagor withouf in any way vit;ating a d~scl~arg~rg ths Mor~g~gors' liability herr
under or upon the debt hereby sec~red No sale of the Frem:us hc~eby mortgaged u~d no fwbearance on the put of the MOitTGAGEE a ih successon
w~uigro and ra extension of the t~me fw the payment of the debt hercby secured give~ by the MORTGAGEE a its wccesson a auignt, shall operat~
ro rekue d~xharge, modify cMange or affect the wig~nal liab~lity of the MORTGAGOR herein, either in whok a tn put.
10. It ia spec~fically agreed th~t tims is of the euence of this cwNract ind that oo w~iver of a~ryr obtgatio~ hereunder p of the obliystion se.
a:red hereby shsll ~t any time thereafter be held ro be a wairer of the Icrms he.eof or of Ihe insrroment secwed herby.
11. In add~tron ro the fwego:~+g monthh paYments of princ'ppl and interest requi~ed by tl.e p?om7ssory note secwed hereby. mortgagor covenants
• and agrees to pay ro mortgagee w;th e~ch monrhly p~yment an +dd~~iona~ sum estimated by matgagee tp be eqwl b 1/12 oi the annual cost of the follow-
ing:
A-All real property taxes kvied a assessed agai~st the above destribcd real es4te. ,
. _
B-Premiumx on fire and windstorm inswar~ce as here:n requ:red !o be urried on the improvem~ats situate_ on the above described premises. ~
C-Premiums on wch mwtgage guuanty insvrar~ce as mortgagee shall from t~me to time deem fit to carry on ;he Io~n secwed hereby. ~
1Natgagee shall from time to t;me notify mortgsgor ;n wr;t~ng of the amount due and payabk hereunder and wch wm ahall thereupoe be due and
pay~ble on the due date of the nexr monthly payment and exh successive month rhereafter ur.~7 mortgsgee sFiall notify mortgagw of • change in such
amount. Such wrns shall be applied by mortgsgee towud the payment of real lxopcrty taxes. imursnce prem:wns, and mortgsge gwranty insurante
p~e~niirns.
IN WITNE55 HRIfREOf, the u~d NIURTGAGOR has hereunto ut his hand and seal the day and year first afassaid_
~_..a?~~/ ~'~ed ' the p nce of: r~~ f~' ~
.(SeaQ
!.lG~G a ' ry
STATE OF FIORIDA ~
courm oF _ St. Lucie
e~twe m. a.son,t~y ,pp.a.~d Robert B. Burwell
- D~xig BZll'irell his wife, ro me well known and known to me to be
tl» indmduals descnbed in ~nd who executed the fwegoing instrument, and acknewledged be(ore me that they e:er.,ted tix same for the pwposes
lhetein acpeued. Md the ssid Di~cie Lee BilIN@ll
wife of the said Robert B. $i1Y91/@ll vpon a aep~~ te and privat~
ea~nwn~t~on by me taken separate snd apan from her said hus nd. ~ckrwwlcdged to and before rne that she eaecuted said insrrumem f~lly and volurt- ~
tarily and w~tho~t :rqr compulsion, constraent, apprehension, or ear of w froa~ her sa;d husbsnd. ~
f
WRNESS my hand ard offiNai seal th~s ~3 d,,, of December A. O. 19 6~ ;
c'~-'--~c%l ~
Noary P~blit in ~nd for tF?e~t it of fbrida af lupe -
My Commwsion expires: ~j/-,~~ 9
Retwn Toe
F,?~ Fedenl Savings a~o~~ ~~~ar;«? Notuy PuWic. State al Floads at la~qF
Of Fwt P,erce.
P;H~~, F~a;~, FtLEO ANO RECORD~O:., My ~,R,;s:'as F~vues No.. 3, 1969
ST. LUCIE COUNTY. FLA. f,,, a c.,«?,.co•
~:~`na~ ~,r~~~~~p . ~
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:;:~~=_r, ~Qs;fi:S ~'~~~T'~,~~~~ t
CLEFtK CIRCUIj COURT '
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