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9. To plu~ u+d continuov~y kkp on ~M buildinps ~+ow a hH~~ftN sitwt~ on isid land and on ~II equipm~nt ~nd p~on+lly covK~d by this mat~
u
~y~, with dl premi~r.uu ther~on p+id in full, fin insur~nc~ in ths u~wl st+nctard polity foan, rn a ium approv~d by tM MORTGAGEE, and wi tam
tnsw~?a in tM uwal ~t+ndud po~icY fwm. in + sum ~pproved by tM MORTGAGEE, io s~ch comp~ny a tomp+nies a tM MORTGAGEE n++y
dinct~ ~nd dl fin u+d windtiro?m insurana policie~ on +ny of aid build~nps, sey ieteroit thsr~ie w part thereof, in tM apyreyat~ sum ~fa~~aid w
In ~xcNS tM~eof, sh+ll contain ths us~+l st~ndud mat~~N claus~ w sud+ othK cl~u~ u tM Mortpa~ee may rpvin. m+ki~g th~ lou ue?dK said po1F
ciq, txh ~nd ~vay. parabl~ to ~aid MORTGAGEE a i~i interett may appHr, ~nd e~ch u+d ~very such polky shall b~ promptly aa:ye~sd and d~livKed to
any MW by iaW MORTGAGEE u furtha security to s+id mort~p~ d~b~. ~nd. not ~~a (101 day~ in ~dvanc~ of tM ~xplration of tach policy, to d~
IivN 10 ~+id MORTGAGEE • rentw~l tFwtof, ropttl+N with a reuipt for the pr~mivm of wth ~en~walj and tMr~ sh+ll b~ no fin w windstam intur~nc~
pl~ad on ~ny of s~id b~?ildinys, ~ny intKe~t tMr~in a pa~t therwf, unlea In the fa~n'and with tM loss p~yable as ~(w~uids u+d u+ ~M ev~nl sny sum
of ma+~y becorn~s paYabl~ v^da wch P°~icy °r Peiici~s said MORTGAGEE shali Mw tM opta~i to rtceiw and ~pply th~ s~me on aao~nt o1 tM ir~bted-
neu Hcynd hK~yy q to permit said MORTGAGORS ro recaiv~ ai+d ~ it a~ny part thereof fw other purposes, without ~hereb~ waiving a imp~ir-
irg ~?y pu;ty, IiM or right u~de? or by v1r?w of this mortp~ps; u~d in tM tveeit uid MORTGAGORS shall fw any rtawn fail fo ketp tl+~ said pr~mises w
insvred, or f~i) b deliver promptly u+y of said policies of iraunnu ro~aid MORTGAGEE, or fail promptly to pay fully +nY pranium therefot w In any
rsip~ct f~il w paforn~, discharge, exetvte, ~ffect, complet~, canply with ~nd abid~ by this covenaN, or snY p+?t M+aof, s+id MORTGAGEE m+y p~+ce +nd
pay fa wd~ inwranc~ w~ny part tMreof witla~t w+Nirg o? ~ff~cfinp any opti0n, liwn, puity, w ri~ht u~ w by virtw of tF?is Mortya~~, and ths
f~ll amo~rnt of each and ~wry wd~ WYm~et sh+~~ b~ immed~+t~ly dw ~nd pysbl~ and sh~ll bear inMrest from tM dat~ tMr~of until paid M tM ratt of
nir» p~r tenwm pe? annum ~rxl together with tuch interest sha~: be s~cu~ed by tM lisn of this Inort~+ye.
1. To pamit, aomn+it or suffe~ no wut~, impai?ment a dNertw~tion of said propaty w+ny p+rt tM?eof. .
S. to psy all ~nd sirgulu tl+eawn. char~es ud ~xpe~sa. includirg s reasonsble attorney's fee snd costs of sbstracts of title. incurrad a paid at
~ny time by said MORTGAGfE, Mcavse or in th~ event of ths failure on the p+N of tM s~id MORTGAGOR to duly, promptly ~nd fully perfam, d~schargR
execvte, ~ffecf, oompkt~, tomply with and abide by each end every the stipulstions, sg~eements tonditioin, and town~nb oi said promiuory Bote +nd thit
mort~s~~ any a eithN, and said costs, ch~rpes and experres. each +nd everY, shatl be immed'utely due and pay+bk: whether u not ther~ be notici d~
mand, attempt ro colkct or wit p~ndirg; ~nd the full smo~nt of each snd wery svch psYrA~nt th+~~ bear interest from the dat~ thtreof until paW ~t the
rate of nin~ per centwn per annum; and all s+id cdsts, chs~ges and expenses incurrnd o? paid, together with s~ch inter~sf, ~h~ll b~ secured by 1M lia+ of thu
mwtp+pe• 1
0. That in the eva» of any breach of this Morrga~ or default on ths pa.t of the MORTGAGOR, or (b) io the event ~ny of s+~d sums of money
herein referred to be not pr~omptly ~nd fvlly p~id within thirty (30) days ~ext afte? the same sevcrally become dw and psyabk. without dsmand or netice,
or W in tM evMt each snd every the stipubtions, sgreements, conditi~r?s and covenann of sald p?omiuory note and th~s mortpape any or either are na
i~ly, promptly and fully perfwmed, dixh~rped, exetuted, effetted, tomplated, tomplied with and abided by, thsn in eitl~e~ or any such event tht said a~
preQatt wm msntar?ed in said p?omisswy note then ~emsinirg unp~id. with interest acuued. and all moneys sacured hereby. sMll betort~e dw and p~y-
sble fortfiwith, a there~her, ~t the optia+ of said MORTGAGEE, as fully .nd compktely u if all of the said wms of money were aiyinally stiputsted
to be paid on such day, anything in sa~d promissory note w in this Mortyagr to the conlruy notwithstandirg; and thereupon w thereafter ~1 the op:ion of
said MORTGAGEE, without notice o? demand, wif at law or in eqvity, therefore w tF+ereafter beyun, m~y be prosecuted u if all moneys sacured hereby
had marured priw to irs institvtion.
7. Th~t in tl+s event thst at the beginning of or st any time pendieg aoy w~t upon this Mortgsge, or ta foreclose tt, or to reform it, w to enforc~
payment of a~y cbin+s hereunder, said MORTGAGEE shall apply to the Covrt havirg ju?isdkfio~ thereof for the appo~ntmer?t of a Receiva, such Cou?t shall
fortFiwith sppoint a receiver of uid mortgaged property all and singubr, includ~ng all and singular the income, p?o(its, iuues and ~evenues from whatever
wurce de?ived, exh and evcry of which, it being expressly understood, is hereby mortgsged a1 if specifically set futh and dexriDed in the 9ranting and
habendum cl+uses hereof, and :uch Receive~ shall have all the bosd and effecrive furtcnons and powen in anywise enuvsted by a Court to s Receiver, and ;
such sppointmeM shall be made by such Coun ~s an edmi~ted equity and a mstter of absdute right to said MORTGAGEE, and wifhout rcierence to the
adequscy or inadeqwcy of tM v~lue of the prope~ty mo+tgaged o~ to fhe wnrency a insolvency of said MORTGAGOR a the defendants, and that s~ch
renn, profin, income, iuues snd revenues sh~ll be applied by such Receiver accwdiny to the (ien or equity of said MORiGAGEE and the practice of suth
CovA.
8. To duly, promptly and fvlly perform, discharge, executq effect, completc, comply wi~h and abide by each ~nd every ths stipulations, agreeme~ts,
cond;Y~oen ud co~en+nn u? ssid promasory ~ote srd tha mortyage set forth.
9. That in the event the ownership of the mortg+ged p?emises, a sny parf thereof, becoma vested in a perwn other than tM MORTGAGOR, the )
MORTGAGEE, in successon snd au~yro, may, without ratice to the MORTGAOR, deal with such successor w successor in in?erest with referente to this ~
mo.tgs9e ~nd the debt F+creby secwed in the same manner ss with Ntortgsgor i:~thout in any wsy vitiati~g or d'ncharging the Morrgsgors' (iabilify htro-
unde~ or upon the debt hcreby secured. No isle of the Fremises hereby mortgaged a~d no fwbcarance on tFw Ran of the MORTGAGEE or its successon
or ~~sig~ and no extension of the time for the payment of the tlebt hereby securcd g'rven by the MORTGAGEE w ita succeuors w assEgns, ahall operat~
to rekase, discharge, modify cfunge w affect the wiginal liability of the MORTGAGOR herein, either in wFwk or in parf.
10. It is spec~fically agreed that Yime is of the essence of this contrsd and tha~ no waiver of any obligaYwn hereunder or of the oblipation sr
a;red hereby shall at any time there~fta be heM to be a waiver of the t~rms hereof w of the instrurt?ent secured herby.
. ition ro the forego:ig monthly payments of princ:pDl and iMerest required by the promissory oo?e setured hereby, moctgs venants
and sgrees to pay ment an additionsl sum est~mated by mortgagee to be eqval to 1/12 of the an o the follow-
ing:
A-All real property taxes kvied or asxssed against the above desvi rea
8-Premiums on fire and windstam inswance as herein requ~r rned oo the improvements si the above desvibed premises.
C-Premiums on such mortgage guaranty insurar gsgee shall from t~me to time deem fit to carry on the cured hereby.
~ Mortgsgee shall fr ' no ~ y mortgago+ in writing of the amount due and payable hereunder and sucF? sum sha - pon be due ~nd
I paysble on t e o the ne:t monthly payment and each successive month thereafter until mortgsgee shall notify mortgagw o ange in such
am sums shall be spplied by mortgagee toward fhe p~yment of real property taxes, insurance prem;ums, and mortgage guarar, nnce
miwro.
{ IN WITN ERE th s MORTGAGOR hss hereunto set his hand and seal the day and yesr fint sforsssid.
~ Sss in presenoe of: ~
an
~ ~ ` 4
~
r~q
' ~--n
STATE OF FLORIDA 1
~ Saint Lucie ~ ~ .
Gordon T. Roetker
B~fwe ms person~lly appsamd ~
riary ht . Roetker, his wife, to me well known and known ro me to be
the individwb desvibed in and who executed the foregoirg instrumeM, and adcnowledged before me that they executed the same for the purposes
therein exp.essed. And the ss~d Dtary A1 . Roetker , _
W~~e ~ tM Gordon T. Roetker ~pcn a sepuate ~nd priwt~
ex+minaYan b~r me tsken upsrate snd apart from her said husbsnd, ~dcrawledged to and befwe me that she executed s~id irutr~ment freely and vol~rr
tarily and witTw~t a~r compulsion, constraint, sppre ~f fesr of w from her said husband.
~
WRNESS my h~nd and official seal thi~ ~ w dsy of A. D. 19~
~
- z
~ ~ Notsry Public i~ ~nd fo~ the State of fbrida ~t Lar~a '
~ M,? c«~,~~ z b- 7 i ~
Retura To:
~ First f~dual Savings 6 losn Association , y
~ Of F°'t P~««. FILEO AND RECORDEO'. NOTARII PUBUC. tTATE OF FLQ6tIIA l.T :'7:[
~ Fo?+ PK?ca Flwida ST. LUCIE COUNTY. Fl.A• MY COMMISSION E~(PIRES NOV. ~
~ONOEO TMRQUG!/ EpED lY. DIESTt~n..ns ~
; rnr:, ~~r-;~~t-•-~~
~ ~ _165656 . . .
i S 1 f ~~i~
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~ '68 h1AR 29 AM 10 : 2 I _ _:~'J =
~ rument prepared b'1 ~ati,~~-~ _ : • ~R-~ ~ •Y~
~ This inst . ~ • =
ederal Sav. & loan ~Sti : ~ ; ; ~ , ~ - - -
f irst F ~ Pierce ' ~ ~ ~ ~ o U RT ` U ~
Of FD CLEP.K CIRCUIT ~ c
D.P~?rker ,
By - ~ ~ - _ _
. ~
~r;' Ck
aooK 171 PACE 419 -
r~'~ - - - ,
~ a.«_ _ ~I~~