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To plau u?d contin~oosly keep on tM bvilOin~ nOw p ANNNN 3ihNt~ OA fiid ~~nfJ in~ On ~11 dquipr!lH1f Nld P!?~pllally tpVff~ by tAi{ 11~Of1~
p~, w7rh ~1! prem~wr4 ~hereon pa;d ;e futl, I~n insvranc~, u~iF~yswl s?aodard policy fornti jn • tum approw~ by th~ MORTGAGEE. ~nd wincb+an?
insw~nc~ in ~h~ ww1 s~andud pol~cy fain, in • sum approved by ~!K MflItTGAGEE. in wch comp~ny w compa~ifs as ~~+r MORTGAGfE n+sy
dinctJ u~d dt firf and w~ndsw.~n 'uuurance pol;c~es on any of ~~d buiW~nys. ~ny hte~Kt N+KSin w pa.t Merwf. in tir a~y.a~qat~ we? ~for~s+id or
h exc~ss ths.~of, sMll conra;n tM usual s~~ndud mortga~ ctau~ or such wlw ctaus~ as t!K Mortpaqe~ may rp~ir~. ma?~np ~ bss und~+ sa~d po1F
w~. ~~ch and ~verY. P+Yabl~ w iaid MORTGAGEE as in inre.eu may appear, ~nd e+cA u+d ~ve.y such po~~cy sM11 M pron+pty •u pncd a~+d desv~.ed ro
~nY Mld by aid 1NORTGAGEE a fw~her ssc~rity ro ~aid mwr9aqe debt, aod, na less th~n ren (10) days in adva~~oe of ~h~ ~~epiration of ~ach po?~cy, a da
livM to s~~d MORTGAGEE • reewwal ther~of. to~e~l~p w~M a rece~pt for the pre~niwn of ~uch ren~wal; and ~hrr~ shatl b~ no f'a~ or windua+w in~wanc~
pbnd on a+y of sa~d boildin~s, aMr iate~~st tM+~~n or part thNwf. vnltss in th~ forei and wi~h the losa payabl~ as afa~iaid; and in th~ went anr wm
of mo~wy lxco~nas p+,rabM und~. wcl+ policy a pol~c~es a•id MORTC,I?GEE shall Mvn ~M op~ion ro rece~ve and apply ~M urn~ on ~ctoun~ o~ tM indebted-
n~sa secvr~d M«by or b pamit saio .`AORTGAGORS ro«ceivs and us~ Ft a any pa.? fh~reof fa o:hcr pu.poses, wi~hout ~ha.Eb~ waivi~y w Mnpau.
~^9 +^r ~qvwh. lip~ w riph~ w~der « by virrw of ~his mort~ayr, ~nd ie rM ~vsnt s~~d 1NORTGI?GORS sh~ll for ~y rsason fail ro ksep th~ aid pnenises so
iniwed. or tail b dNivK promptly ~ny of said polit~es o( insunnn to sa?d IYIORTGAGEE. or fa:1 pranptly fo pay futty +^Y We+nevrn therefw or in any
nipect Fail b perlotn~, dixMrge, extcvt~ •ffect, tompl~M. complr with ~nd abi~ by this covenanl, w aey put hereot, said MORTCAGEE may plac~ and
WY for wch ~nwrano~ w~y part Nwrcof w~rhout watvi~g o? ~ff~ctinp a+p ePt~on. ~i~n. pwh. a rpM ~nda a by virtw of this Marosp~, a+d the
ivll smo~?n~ ot eacA and e~re.y wch payynent shaN b~ 'xrrned;arely dw ind pr~bl~ and s1ut1 be~ interes~ from tM daq thereof un~il pa~d a~ ~M raa ol
nin~ pK csntvm pa ~rrwm and to9ethe~ wiih sucA iote+est sh~1l p~ secwed by tbe litn of tM morp~ye.
4. To pernNt, commit or wfte? ~o wut~, impairmen~ o~ dete~~orat;w~ of sa~d propKry o~ any put tlweof,
S. To pay all ~nd s~lar tM.costs, chuyes and expenses„ includirg a reasonable ~namey's fce and cosrs of ~bsnacts of titl~, incvred or pa7d at
u?y twne by said MpRIGAGEE, bscaus? a in tlr ewnt of the fa;lwe on tM puf of th~ said MORTGAGOR ~o duly, promprly and fuily perforin, d~xhuga
execvt~, effed, comp4te, comply w~th and ab;d. by ~xh .nd .very rhe i+ipula~~or~a, apree.nen», cond~t~w+~, snd coren~nn oi sa~d pranisso~y nwe ar~d ~hw
enort9a~~ any w e~~her. and sa~d coat~, d+u~s and expeexes, each arnf every. ah+ll b~ irnmed+'ately dw ar~d pay+ble: whcther o? ~wt there be no~ice de~
m+r~. +ttempt to collect or suit pend:ng; and tM fvll ~nwunt of sach ~nd every wch parmen~ sh~ll beu inte~esl from the date thereof unril p~id s1 tl+e
rste of ni~e per ce~twn per an,wm; and all said c8ats, chsrges and eape~ses incwred or paid. 1ope~ha~ with wch interest. shall b~ secwed by th~ lien of t1w
~a~
a. That in the evenl of aer bre+ch of this Matys~e or defwlt on tht parf of the MORTGAGOR, w(b) ie the went ~ny of s~~d t~?ms of rnon~~
herein r~ferred w b~ not pompny and (~ly paid wi~h~n th~rty (30) days nac~ af~er the same severalfy become due ~nd payable. w~thout demand o~ norice,
a td ~ N~s even? each and ewry rhe s~ipvla~io~, .g~...nenn, condit~or?s and cove~nh of sa~d p~om;uory nae u~d th:s mwtyxje ~ny a eithe~ are nw
~h. P~o^~PTb +nd (ully per(amed. cGscharged, e:ecvted, effected. compkted. comPl~ed w~ih ud sbided by. thee in e~thet a any such wenl ~M s+id a~
pre~t~ swn mentiw~ed in said promissory epte then remaininy unpa;d, with interest acuved, and all moneys sec~red hereby, shall becane dw and p~y-
able fo~tlwvitt~, 01 tIllfN~fN. at ths opt~on ol sa~d MORTGAGEE. u tully ud compte~ely as ii ~II of tl+e sa7d sums of ~wney were orgin~lly st~pul~icd
to be pa~d on such day, anythirg in sa~d prom~ssory oot~ a in this Mwtgage ro the conuary nww~~hsrsnd7rg: ~rK1 thereu~wn or thereafte. at rhe oprion of
sa;d MORTGAGEE, w~thout rarae a demand, suit st la~r or in equiq. tF1lttfOf! Of lhlfHltN be9un, may be prosecoted u if all moneys securod hereby
had matwed prwr to irs uut~tuuwi.
7. iha~ in the evcnt ihat at the beg~nrung of or ~t ~ny time pen~ng ~oy wit upon ~his Mwtgage. er to faectose it, or ro reform it o~ ~o enforce
payment oi any cla;ms hc.eunder, sa~d MORTGAGEE sl+~tl apply to the CouA havir?9 jur;sdK~ion ~hcreof fw the appantmer?t of a Recciver, such Caut sh~11
FortFivvith appant a?eccive~ of sa~d mwe9aged prop~rtY all and singvlu. includ~ng all ~nd singutx ~he ;ncome. prof~ts, iuues and revenues from wF?auver
source de~ived, esch ~nd every oF whKA, ir be:ng expreuly vnderstood, is hereby mortqaqed u ii spec~fic~lly set fo~th and dewibed in the 9~anr'u+g and
habe~d~rm ctavses hercof, ar~d such Receiver shall h~ve a0 ~he broad and eftecrive fwxtwns and powers in anyw~u enausted by a Coun to a Receiver, ~nd
such ~ppo~nrment shaU be made by svch Coun ~s +n admiued epuity and ~ mauer of absolute ~igh~ to said MORTGAGEE, and wi~ha,t reference ro the
ide4uxY o? in+deq~scy of ~he value of ~he p.operty mo.t9~ged a to fhe aowency a insolvency o( said MORiGAGOR a the defcndann. and ~hat such
ren», profits, income. iswes and ~evenues shall be appl;ed by s~cl+ Reccivcr accordin~ to the lien ar equity of said MORTGAGEE and the practice of s~xh
CAwt.
8. To duly, pranptty and fully perform, dncharge. execute effect, compkte. cornply with and abide by e~ch and every the sNpulations„ sg~eements,
cw~ditions and covenants in sa~d promiuory nete arKl this mortgage set fw~h.
9. Th~~ in rhe evenr the owne.slrp ot the nw,tg,ged p,e,n;ses. a ~ny part thereof. becwnes vested in s person otF~e? tt+an the MORiGAGOR, ths
MORTGAGEE, i» successo?s and au:gns, may, wirhout notice to the MORTGAOR, dcal with such successor p successw in interest with reference to thia
mwtgage and the debl hereby secuted in the same mamer ~s with Nbrtgagor without in any way vitiatirg a discharging the Mortgagors' liability he~e.
u~der w upon the debt hereby secured. No sate ot the Frem~scs hercby mo.tysged and no fabearance o~ the pan ot fhe MORTGAGEE a in successors
w~ugm and na extension of the time fw the payment of the debt hereby secu~ed giveo by ~he MORTGAGEE a its succeuws or aas~gro, sha11 oper~~s
ro rekase, d~scl~~9t, modify clun~e w sffect the wig~nal Iiab~Gry of the MORTGAGOR h~re~n, eithe~ in wtak a in put.
10. It h spec~fically a~reed that time is of ti+e esaence of this contract and thaf no waiver of ar?y oblgation herevnder er of the oblqation so-
uaed hcreby shall st any tirn~ ~hercah~. be he{d ~o b~ a waiver of tl+~ terms I~ereof a of the ins~rument secu.ed herby.
11. In add~tion ro the fwego-ng monthlY payments of princ PDI and :nreresf requ~red by the prom~ssory note secvred hereby. mortgagor covenants
- ~nd agrees ro pay ro morrgagee w~~h each monehty p~ymer,r an add;r;ona~ sum est~mated by mortgagee to be eqwl to 1/12 of the ann~al cost of the fdlow-
ing:
A-NI re~l property Hxes levied p assesscd against the aoove dexribed real e~tate.
B-Premiums on fire ~nd windstorm irtw~snce as herein requ'aed to be urtied on the improveme~ts sih?ate on the sbove desvibed p~em7ses,
~-Premiums oe such mortgsge gw?a~ty irtsurar~ce as mor~gagee shatl from t~me ro time deem tit to carry on the ban securcd hereby.
JNo~fgagee shall from ~ime to t~me raafy mor~gago~ i~ w.it~ng of the amount due and psy~ble hercund,,+r and such sum shall therevpon ba due and
paYable on the due date of the next monthlY payment and exh successive month thereafre~ ur.tit mortgsyee shall notify mwtg~gw of a change in sucb
amount. Such sums shall be apptied by mortgagee toward ti~e payment of rea! property Iaxes, i~nvrance prem:ums, and mertyag~ g~~ranty insursnte
ptlmiutnf.
IN WITNESS WHEREOF, the.said MORTGAGOR hss herevmo ut his hand ar~d xal the day and year fint aforasaid.
- kd and in the presence of:
i
. ~ aq
a ~
L i~•; e stG ~n
. ~n
SiATE OF FLORlDA ~ ' -
St. Lucie
courm oF
8efwe me peaonally appeared Leamon H. Futch e~
filizabeth Y. FQtGtI his wife, to me well known ind known to me to bs
N+e indndwls descnbed in and who execvted the foregoing instrvment, and ac4nowledged before me that they executed the same for the purposes
~.~m .~.~~a. a,a rh. s,:a Elizabeth Y. Futch
wife of tht said Leamon H. Ftlt C~1 upon s separate snd priv~t~
ex~mirorion by me taken reparate and apart from her aa;d ?+usband, acknowlcdgrd ro and befae me that she executed said irotrumenf freely and VpIUM
I~rily and w~tlwvt u~y compulsion, constr~int. sppr-hens;w~, a fear of a frcc~ her ssid h~s
WITNESS my hand snd offic;al scal this day of J• aX y ~ 68
A. D. 19
FILEO AP~D R~COR
Si. ~UCI~ cOUNTY, FLa. °~~ry P~~K t Sfate of Flwids
Return Ta I t~. C tZ R ~ t~' ~ Q My Comrnission expi?es:
Ftaf Feder~l Savirgs 6 Lwn Association ~1p~ ~ j`. ~ .
rS+ Pu , ~
Of fwf P~erte. ~632~1 u„ State of Fbrida at La l
oorru~ussion 'res ~uy Z6,~1q6~'~ , -
Fwt Pie+ca Florida t~ U i~ 1 C ~ l1 ~ -
w't . 7/~~G 9 • . _ . ,
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This instrument prep4~ed b~. ~~rn:. CIP.~.~~~T~C~U~~ :
first fed ~al Sav. & le3r~ t~sn. ~ _ •
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f For~ Pier . " • . :
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: ~~69 ~27~
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