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To pl~n and cont4w~owly kNp on 1F+~ buildinps now or hen~hK utwq on said land and on ~II pulprtK~t ~~d pKwnally towr~d by Ndi mort¢ 3
n
p~. with ail pr~miur+A tM?wn p~~d in full, fin i~u~anc~ in th~ uswl sunda~d polky for~, ~n ~ sum app~owd by tM MORiGAGEE, ~nd wi~tam
tnwru~a In tM wwl atand+.d policy fam. in • ium apprw~d by tM MORTWIGEE; !n wch compiny w ooenp+ni~s a~ th~ NWRTCsJ?GEE ~+~+Y j
dir~dt u+d ~II fh~ ~nd wirKktorm tnw~aea polici~s a? +~y of aid buiWinp~, am? int~rat tFkr~in or pan tMrwf, in ~M ~pp~p+t~ wm afor~a~d or ~
ln ~xaa tAer~of, ~hall cont~in tM usv+l atandard mortpapN ctws~ a such otha cl~~rs~ ss tM Morty~ nNY rWv'n~. m+kinp tM bss u~ said po1F
ci~s. ~ach u~d ~very. paYabl~ w aid MORTGAGEE u ib intKest m~y ~pp~a~. aed esch ~rd ~wry tuch policy shall be promptly us:pn~d u+d d~Uv~r~d to
any MW by said MORTGAGEE a funhN wcv~iry to said mort~+~ debt. u+d, no~ I.s~ ~h.n i~0) day. ~n .dvnc. of tM .xptr+~~a+ ot .+ch pol~cy. w dM
I~vK to said MORTGAGEE • r~wal thKwf, topethK with • renipt fa tM pnmiun~ of ~vch renew~ls u~d tMn sFwll b~ no fin a windstam In~w~ncs
plao~d on uiy of s~id lwildinps. any int~rat tMnin ar part thenof, uolsu ie tM fonn'and with tM los~ pay~bl~ +s siats+idr +~d in th~ ~wet any wm
of nweNy becaea p+yabl~ ~xdK wch po1M? a Policws ~aid MORTGAGEE sFwll h~w tM optan to reeeiw and ~pply tl?~ s+m~ an auow+l 01 tM Ind~btsd~
n~ss Hcynd Iwnby pr p p~rmit s~id MORTGAGORS to rsotiv~ and ~ N w ~ny put therwf fw other pu~poiet, without therob~ walvir+y w impair-
iny ~ny equiry, li~n w ripht unde~ or by vtrtw of this mortpsp~t aed in th~ ~vent s~id MORTGAGORS ~hall fw uiy ressa+ fail to ke~p th~ s~id pr~mises w
inivrtd, or f~p 1o d~liv~r promptlY u~y of said po~Kies of insut~nu ro said MORTGAGEE, o~ f~il promptly M pay tully ~ny premium ther~fo? or in any
r~~p~ct f~il b p~rfocen, dischuy~. ~xecvt~, ~ff~et. compbN, comply with and abid~ by this coven+n4 a ~++Y W~ ~+~+pf, s~id MORTGAGEE may pl~ce and
paY fa wch irowanu w~ny pan t1+Keof without w~lvinp a~ff~ctirp ~ny option. IiM, pwty. a r'~pht w~der or by virtw of this Mwtp~. and tM
full ~mouot of tach ~+d wKy wch WYm~M aMU b~ im~di+~M dw +^d pyaW~ +^d sh+ll bsat intK~st from tM dst~ the~wf un~il paid N tFw rat~ of
nin~ pp c~ntum p~t annum and tog~ther with s~xA inl~rest th~ll be secw~d by the li~n ~f thia l~wrtyy~.
1. To pKmtt, commit a wffer no wut~, impaf~m~nt w dtt~rior+tion of s~id property or aMr pwt tFweof•
S. To p~y all u~d ~inpulu the•ootts, chup~s and txpsnses, Gxludirg a rtasa++bl~ attorn~y's fee uid oosn of abstracri of titl~, incun~d or p+1d at
any t~me by s~id MORTGAGEE, beu~n! w in rhe ewer of ~he f•~Iw. on rhs pah of tM aid MORTGAGOR ro duiy, P.omPry a~d ~iN w.t«m. d~scn..9.;
execute, ~ffed, oompkt~, oomply with and abid~ by ssd? ~nd every tl~e stip~latio~s spreeme~f~ condifioM, and ooven~nb of said p?omiuory rwt~ and thii
morry~ ~ny w ~id»r. and said coats, dwpst ~ed ~xpures, sach u~d ~very, shall be imnediately due ~nd psy~bl~t wMthn w oot t1~er~ be noYici d?
mand, ~ttempt to colkct a wit pa~diny; and tM full arraunt of ~ach ~nd swry avch p~yment ah+ll be~. intenst kan tl+~ date therwf •:~?il paid ~t tM
rnte of nin~ per oenwm psr ur?um; snd all s~id odsts, chuQes and expenses i~cvrred or p+id. topNher with sud+ iMerat, sha~l b~ Ntwed by th~ li~n of thif
n+orty+?~• t!
e. 11»t (a) in the event of any brcach of this Matyape w default on tFr part of the MORTGAGOR, or (b) in th~ tvent ~nY of t+id wrm of mon~y !
hercin refNnd ro b~ not promptly ~nd fvlly p~id withi~ thirty (30) days nex~ afler the same averally batome due and payabl~. without dama~d or notice,
or in tM ~wnt ~ach snd wery tFw sKputations +~raem~nts, conditions aad cown+nn of s+id promissory note and th~s mwp+p~ +ny a si~her ~r~ nol
iuly. promptly and fulty pe?fwm~d, dischuped, executcd, eff~cted, compkted, canplied wirh ~nd abided by. tMn in either a ury such ~wnt tM said ag
prc~N sum msntarNd in ssid promis~ory not~ then rem~ininy unp+id, with infcrest a:.
~ed, and ~II moneys s~cvrtd hsreby, sh~l) becortr dw and pay~ ~
able fathwith, a thereafta, at th~ option of said MORTGAGEE, u futly and completaly ~s ii all of tM ssid wms of morwy wen origin~lly stipufated
to be paid on svch d~y, anythirp In said promissory note a in this Mortysye to the contr~ry notwithstanding; and there~on or thertafter al tiw option of
said MORTGAGEE, without notice or demand, wit at I~w a in puiy. tF~NlFOft Of tAHNf1K Ifl~Yfy f1Ny bQ ~1fOiKLtld as if all rnoeNys s~cvr~d hereby
had matwed pt'wt to iri iratitution.
7. ihat in tl+~ tvent tMt at the beglro+ing of or at u~y time pe~dirg ~oy suit upon thif Mwtgage, w ro foreclos~ It, or to reform it, or to enfora
payment of aenr d+ims herew+der, s~id MORTGAGEE shsll apply to the Court h~virg jur~sd~ioe~ thereof iw the sppantment of a Receiver, svcl~ Couit sMll
fortliwith appoint a receiver of said niortgsged propetty all and sirgulu, includ~ng ~tl and sinqul~r the irxome, profib, iuves and rsvenues irorr? whatever
wurce d~rived. each and every of v~liKh, it beirg ~:prossly under:tood, is hereby mortgsged as if specifiully set forth snd described in the yrantinp a~+d
habendyrn dausss heroof, u+d such Receiver shatl h~ve ~II the bwd ~nd effective funct~ons a~d powen in anywise entrusted by a Coun ro a Receiv~r, and
fuch appointment shall be msde by wch Co~rt as an admitted equity and a matta of absaute right fo said MORTGAGEE, and withovt ~eference to the ~
edeq~acy w in~dequacy of the wlu~ of the prbpe~ty mortyaged or to the sonrency a~nwlvcncy of said MORTCaAGOR or the deiendants, and th~t such 4
renn, profin, incane, iss~es and revenues shall b~ applied by such Receiver accudinp to ri~ lien or puity of said MORTCsAGEE and the pnctice of tuch
Co~rt.
8. To duly, promptly and fully perform, dischargs, exccute, effect, c~omplete, comply with ~nd abide by each ~nd ewry the stip~latiau, ~reements,
condiYans and covenann in iaid promissory note and this mwtgsge set fwth. s
9. That in the event the ownership of the mortg+ped premises, or any psn thereof, becomea vested in • person other thsn tM MORTGAGOR, th~ ~
MORTGAGEE, its wcuuors snd ~u~gns, msy, wi~hout ratice to the MORiGAOR, deal with such svccesso? or successw in interat with refcrence to this
mwtgaye and the debt hcreby secured in the same manne~ ~s with Mwtgsgw without ~ any way viliatirg p. diKhargirg the ll~ort~agors' liability h~rt ~
under w vpon the dcbt hercby secured. No ssle of the premixs hereby mortgaged and no forbearance on the put of ~he MORTGAGEE w in successors
or euigro and no extension of the time fw the payrrKnt of ~F~e debt hnreby secured given by the MORTGAGEE or its succeuors or ~ssigru, shall oper~te =
ro relsase, d~scharye, modify cl~srge or affect the original liab~l~ty of the MORiGAGOR her~in, eithe~ in whok w tn put. ~
10. It h specifically ag?eed that time is of the euence of this contrsct and that no waiver of any obligation hereunder or of the obligsYan se- '
n,red hereby sh~lt at any time thcreaher be held to be a waiver of the terms hereof or of the insu~meM seaired herby. i
11, addition to the forego: ~hFy psyrrKnts of p?inc:p~l and interest required by the omi note secured hereby mortgag covensnts
and agrees t pay ro rtartgagee wi each thly psymeot an ~ddii sum timsted by mortgag to be al to 1/]2 of the a ual cost of follow- .
ing: ~
A-All real prope~ty tax kvied or a sed against the sbove desuibed I estate.
B-Pr iums on fire a windstorm insu as herein reqv~r to be carr' on the impro ts situate the ~bove ibed prmn'
C-Pre 'vms on such gsge gwrsnty iruwance as mortg shall from ime to time fit to Arry the bsn ed Fxreby. }
Mortg~g shall from t to t~me notify ortgagor ~n writi of the a due snd ps bk haeunder a wch wm II thereupon be ue and ~
payabk o~ the date of e next month~y ment and each cessive month reafter u ~I mortgagee ~all tify mor agor of a change such
amount. Such s shall be applied by mortgag toward the pa t of real tsxe insunnce prem~ums, gaye guaranty ins rance
~ premi~pnf.
1 WITNE55 REOF, the ssid MORTGAGOR Mo set his hand and scal the day and year fint ~formaid.
~ a 1' ed, in the presencs of: .
~ ~ n
F
~ , •
~ ~ n
!
~ I/ ~ r_`'q
~ STATE OF fIORIDA
~ St. Lucie ~ ' °
caurrnr oF
~ ~f,~. ~ ~.,o,~,uy _ Hous ton ?'urner .~,d ~
N1A t+~ l vri i~T1A2' his wifq to me well known snd known to rn~ ro b~ i
e the in~vidwb dewibed in and who execwed the fwegoirg instrument, and +ckrawtedged before me that they execwed tl+e same fw the purpo:es i
~ rr,~?~in .xp....ea. Md d,...id Marilrvn ~lrner ;
~ W~te oi rh..a~d , Noi~4t~n `I`~~rner upon a sepuate ~nd pr'nat~ ~
~ exaniuwtion by me taken sep+nte and apart irom her said husbsnd, adcnowledged to and befwe rn~ that she eaecuted t+id instrurtKM fretly and volwr ~
tarily and withaA ~eyr eompulsion, eomtraint, ~ppreh ni f~u of or from her said Iwsb~nd. _
~ WITNE55 my h~nd ~nd off9ti~l seal thi~ day of . A. D. 19 68
~ 'F
~ Notary Pvblic in a~d for fhe State of Flotida et Lirp~ ~
; Mr Cammission ucpireu
~ Rehrm Yo: - l b- 7~
~ Frst Federal S~virg~ a loan AssociaYan • 1 iiK }
~ of ~wt PK~a. NOYAIIr rUeLIC. =T~TE OF F~OBIDA AT .UIRi v=i ~
MYCOMMISSION E~(PIRES NOV. 26,~ . ;
e FOrt PilfCl. FlOfid~ 7NROY~iN ERED 1/. D~EaT~Ltt9. ~
~ FILED ANO RECOR~° ' = ~ r~ r~ ~
~ ' ST. LUC1E COUNTY. FLA. --J: 4 . .
~ ~c ^n:.f~ . - , - f~ .
~ - ~ 165622 . - ~ ~ ;
~ This instrument prepared b~ . , . ; -
~ Ficst Federal Sav. & loan Assn- :
$ '68 M~R 28 PM 42:2y , .
~ of Fort Pierce _ ~
~ ~y ,j~_linn •C' : i.~~;:i~~; ~ rb ~
~ CLFRK CtRCUIT COURT
~
~ BOOK PACE 346 ~
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