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9. To pl~u and contln~o~n~Y kNp on tM buiidirgs now a Mr~+it~~ situat~ oe s+k! lu~d ~nd on ~II equipm~nt and pKSOn~Iy covK~d by thb ~*ap~
y~, with dl pr~+niw:It thason p+~d in full, fin insur~~c~ in tiv ~swl ~t~nd~rd polity fwm, !n a sw+n approwd br tM MORTGAGEE. ~nd wi~tonn
irnwu~c~ in rh~ uswl atanda.d pol~cy fam, in • sum ~pp+owd by tM MORTGAGEE, ia such comp~ny or canp+nia a the MORTGAGEE may
dinctt ~nd ~II fir~ and windstorm inswaoo~ policiq on any of said b~?ildir?p~, ~ny inqnst tl+K~in a p~?t tl~~r~of, in tM apy~p+te wn+ ~foraaid a
In ucuss tMr~ef, sh+ll conuin tM uw+l ttandard monps~ clavw w:ud~ orMr dau~ a th~ MwtpayN m+Y n9~in. m+kinp th~ losi undM ~aid po1F
cip, ~ach ~nd ~very, p~yabl~ b iaid MORTGAGEE as iri Interest may ~ppN~, and Nch and ~wrY tud~ policy sM~l be promptly ~ss:9~ed ar?d deliv~nd to
any MW by s~id MORTGAGEE ~s funhK s~cu~ity to wid mat~+p~ d~W. +ed. ~wt less th+n ~a? t10) d+1rs i~ +dv+nn ot tl+~ txpkation of ~ch policy, ro dr
liva ro ~aid MORTGArce • nn~wal tF~wf, ~op~~hN with • rec~ipt for tM pnmiwn of wd~ ~en~w~lj and thee~ sM:l b~ no f'v~ or winduarn insw~nt~
pl~ad on ~ny of said bulldiegs. a~y lnter~st tMr~ie a pW the~wf. unl~ss in the kxin'~nd with ~h~ loas p+Y~bIR u afore~Wt +~d G+ tlw ~wnl ~ny wm
of n,awy becan~~ pay~bl~ vex~ wch poti~y or policia aid 1NORTGAGEE shall Mw tM option to naiw a~d apply tM s~me on aaou~~ 01 tM incMbt~
ews secw~d hKeby or ro p~tmit said MOf~TGAGORS ro reteiw u+d us~ it w any pa?t thereof iw other purposes, wirhout Ihr~eb/ w+ivi~~y or impair
lrg ~ny aq~ity, li~n or ripht vnda or by vtrtw of thls mortps~~j and h iM ~wnt arid MORTGAGORS shall for u?y nawn f~il to keep tln said pnmises w
insured. o~ f~il w delivN pranpNy ~ny of ~aid policies of iniunrw ro said MORTGAGEE, w hil promptly to paY full~r any premiwn thKSfo~ or ln ~ny
rKput fall b p~.fo~m, dischuq~, ~xacut~, ~ff~ct, compl~ts, camply witl? and ~bid~ by this cov~~snt, a~ny pan herwf, s+id MORTGAGfE ma~ pl~c~ and
full amo~m of ~acA ~nd ~wry w~ch payme+~t sh+u b~ aimnieDdi+tely dw~and
pr~bb a~d sh+Uvibe
r int «ht hom th~ dat~vthereof~until pa'd~M M~~~,oi
nin~ p~r centum p~r arrwm ~nd top~the~ with s~Kh inte.est aFull be secured by tM li~n of this mort9+p~.
I. To p~rmi!, canndt or auffsr no wut~. imP+irment or det~riw~tion of s~id P?oqrb a? +^Y Parf the?eof. .
S. To pay all and sinputar tM.oosn, c}?~rpa a~+d ~xpens~s, includinp a ressooabl~ attwewy's fee and cosb of ~bstr~cts of title, i~~d a paid at
any time by said MORTGAGEE, becaus~ or in the event of the i~ilu~e on the p+r1 of tM said 1NORT6AGOit to duly, promptly and fully pNform, d~uhsrge;
execut~. effect. oompt~t~. complr with and ab+de br ~ach and every the stipulatio% ap?e~ments, conditiora„ ~nd oovenanri of said promi:sory no~s and thii
mo~ty+p~ +nY or eitlw~, and said costs. charpes ~nd ~xpen~es, each ~nd ev~ry. sh~ll b~ ienmedi~t~ly due u~d p~yabN: wl+ether or not ther~ be nmici dr
mud, ~mmpt to cdkct or wit paxGnps +nd tM futl art~ount of esch and swry wch p+yment sh+tl bea~ interest han th~ dat~ Ihereof ueril p~id at tht
rate of nine per ccntum pe? ~rowm; and all ~aid cbits, chuyes and expa+ses incvrred o? prid, topetMr with such imensL sMll b~ a~tursd by th~ lia+ oE thu
e. ~Mt (a) in tM event of any breach of tha Mort~sp~ or defwh on tFr p+rt of th~ MORTGAGOR, or (b) in the weM ~ny of ~sid sums of mon~y
henin nfeered ro be not promptty snd fully paid within thi~ty {30) days next after tl+e same saverstly becan~ due ~~+d pay~ble, without demand w not3n.
or in ths ~wnt each and avery tM stipulations, ~g~Nrnents, conditioro u~d toveMnn of said promiuory note and t!?is mwtp+pe ~ny or ~itMr ar~ nol
iuly, prompHy and fully p~rfam~d, discharQed, executed, effected, completed, complied with and abided by, thsn in eitMr a~ny such ewnt tM s+id ag
pra~t~ wm m~ntioned in aid promissory note then rama'~ninp ~~paid. wirh interest ~ccrued, and al! naneys secured hereby. sMll bscom~ dw ar+d p~y~
abla fwthwiMy p fhOfNffN, st the opian of said NIORTGAGEE, ss fully ~nd compl~tely as if all of the said sums of mon~y wer~ wiqinalty qiputsted
to b~ paid on s~ch day. anylhing in sa7d prom~ssory nate or in this Mortgage ro the contrary notwithsandir?p: ~nd therwpon or thereafle~ at tM option of
ssid MORTGAGEE, without noY~ce a demand, wit at I~wr w in puity, thrrefwe w the?esfter begun„ m~y be prosecuted as if all m«~eys sewr~d her~by
hOd IMtWld PfiOI to iri InftitutiOfl.
7. Tlut in tM event that ~t the beginniny of or at any time pending ~oy s~It upon this Mwtg+pe, or to for~clos~ h, or to reform it, a to enforp
payment of any da"wns l~ereunder, said MORTGAGEE shal~ spply ro the Court Mving jwisdittion thereof iw the appo~ntment of a Reteive~, wth Cou'rt shall
Fwtliwith appoint a receiver of said mortgaged praperty all and sirgvW, inclvd~ng a0 ~nd sing~lar t1+~ incom~, profits, issws ~nd revenues irom whatever
sourte derived, e+ch ~nd every of whith, it beinp expreuly vnderatood. is hereby mwtgaged u if spttifically set forth and de~cribed in tM 9raroirg and
Mbendum cla~ses hereof, and wch Rcoeiver sh~ll have ~II the broad and, effective f~?nct~an and powers in ~nywise entrwted by a Court ro a Receiver, and
such ~ppointmeM sMll be made by such Gourt as an ~dmitted cquiry snd • mstte~ of abwlute righl to aid MORTGAGEE, ~nd without refereoct to the
adpuacy or insdequxf of the vslue of the property mo~tg+ged or 1o the sonrency w insolvency of aid MORTGAGQR or the defe~dants, and thst such
renn, profi», income, issues and rev~nues sh~ll be applied by :ud+ Receive~ accordin~ to the lie~ or.}quity of uid MORTGAGEE and tM p?actio~ of sucA
Caxt.
8. To duly, pranptly ~nd futy perfwm, discl~arye, execute, effect, compkte, comply with snd abide by exh and ewry the stipulatiaos, ayreemenb, :
conditio~a u~d coven~nn in said promissory not~ and this mortqsge set forth. ~
9. Thst in the event the ownership of fhe mortga9ed premises, a~+y part tFxreof, beco~aa vested in t person other th~~ the MORTGAGOR, th~
MORTGAGEE, its sucuuon and assig~s, may, without ratice to the MORTGAOR, desl with such wccessor or successor in interest with rsference ro this
mortg~ and the debl hereby setured in the ssme manner as with Mortgagor without in ~~y way vitiatirg o? d~xh+rQing ths Mort9s~ws' (i~bility FKr~-
under or upon the debt hereby ~ecured_ No sale of the premises I~ercby mortg~ged and no forbearance on the part of the MORTGAGEE or in successors :
or auig~u snd no extensan of the time fa the psymem of the acbt hereby secured ~iven by the MORTGAGEE w its successon or assipna, sh~ll operat~
ro release, d'a~char9e, modify ch~nye or affect the original lisbility of the tiARTGAGOR herein, either in whole a in part.
10. It is specifically agreed that tims is of the euence of this contrad ~nd that no waiver of any obligation hereunder a of 1M obliqation se-
cured htr~by thall at any Y~me theresfter be held to be ~ wairer of the terms hereof w of the instrwnem secored herby. ~
11. In add~tion to the forego:ng monthty payments of princ'pDt and intcresl required by the promissory ~o1e secured hereby, mortgsgor tovenanq
and ayrees to pay ro mortgsgee with each monthly payment ~n additanat sum est~mated by mortgagee to be eqwt to 1/12 of the annwl cost of the follow-
f ~g:
A-All real property taxes kvied or assessed agai~st the above described real estste.
B-Premiums on fire and windstorm inwrsnce +s herein requ~red to be carried on the improvements situate on the ~bove destribed premises.
C-Premiums on such mortgage guaranty insurarKe as mortgsgee shsll from time to time deem fit to carry on the (wn secured hereby.
Mortgagee shall from time to time notify morigagor in writing of the artwunt due and payable hereunder and suth sum shall thereupon be due end
payabls on the due date of the next monthly payment and exh successive month thereafter urtil mortgsgee shall notify mortgagor of a charqe in wcM
amount. Such sums shall be applied by mwtgagee toward the payment of real property taxes, insurante prem:ums, and mortga9e gvaranty it?w~ance
~
premivms.
f IN WITNE55 WHEREOF, the said MORTGAGOR hss hereunto set his hand snd seal the ~ay year fint ~fwesa' .
kd and vaed ' of:
~ / . _ _ . ~ 0
n
~ cs~.~
~ K--o
~ S1ATE OF FIORIDA
tpV~y pp St. Lucie ~ ~ . '
d~for~ m~ ptnonally app~ared J ean e t t e F. i~1u r~h}~. a w ido?v ~
i~bl+ife, to me well known and known to me to b~
rhs individwly described I~ and who execu~ed the forepanp instrw~wnt, and ~cknowledged befon me that 9i~ executed tM ssm~ fw th~ purposes
~ rher~in ~xpress~d. An~ ~iw•~~ -
~ wifr~l~iM~Mir ~rrrw~-~sw~*~wr~h
~~wi~Ni~niy.rr.u~r~ ~+w~.~wi ~pM-lr~w -i~er~-wir ~wM~ ~kwowia~ei ~o-a~i i~fK~ w~ ~M~-~Iw w~wwi Mid-i~w~r~rM-fwdp ~~I~
~ ~a:h «~d-iw:~h«+? ~a-~+~wv~wiw+r eenstr~nr-.PpRlwn~ion~~~,rie- ef-or ~ee~e 1~w ~hv,b«~ ,
~ WITNESS n+y Mnd a~+d offici~l s~al this ~ d~y of 1 A. O. 19_~?$
~
Not~ry Public in ~nd for the StaN F~'~d~ ~t lup~
~ A~y comm~s.~on a~pir.s: 3/6
~ aen,.~'ra FILED AND RECORDED'
~ F~ f.d...i s.~~~ t ~«~et:«~ ST, I.UCIE COUNTY. FLA.'
~ 01 Fwt P~e~ce r,F rn :.r, ~•rR'~f^h
~ FO~I Pi~rce. fbrida i`
~ . ~ 1659`73 . ; • ~•r •e '
~ This instrument prepared by sB APR 8 A~I • ~ 7
~ Frst ederat S a v. b L n Assn. ~
~ o Fort Pi _ ,
~ ~~J ,~r~ ~ J~, h~j
~ By~ ~ CLERK CiRCUIT COURT ~ - -
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~ ` 60QK ~7~ PAGE 89S
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