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3. To ptau a~d_ oa+Hn~oush k~aP an tM buildiigs now a her~aftK sitv+N on s~id I~nd and on dl pviprt~nt uid p~nondly cov~nd by thb narp~
p~, with ~p pruniwA ~Farwn p~id in full, fih Mswaea ia tFr vswl si~~+dard polity fam, a sw~n ~owd by tho MORiGJ?GEE. ~nd windara~w
M~wancr in tM uwal ~tandard pd~cy fam. tn ~ wm +pprowd by tlw MORTQAGEE; M~ d+ company oe oompani~t as th~ MORTGAGEE nwy
dir~et~ and a1! fk~ ~+d wNd~ane i~awano~ polieiti on am of aid bvlWinps, ~ny Meaest tMnin or pa~ ~wi, in tiw pqrpaq wn? ~faNaW a
M~xaw tMnoi, ~Mll oontain tM uswl uandwd mort~a~ d~us~ a wch oti?K cla~w a tM JlAatyaqN nwY r'Muin~ nwkMq th~ los~ und~r said po1F
tiM, Nch ~nd ~wry. WYabN 1o said MORTGAGEE as ib interett may ~pp~ar. ~nd ~ach ~nd w~ry such polity shall M pranptly us:ye~d uid detiv~nd ~o
any Mld by aW MORTGAGEE a funhw acvritp to uid mon~ d~bt. +ed. nw hss tlwn ta~ (1~ days A, advana of tM ~xpir~tion of ~ad~ poltcy, w dt
liwr b ad MORTGAGEE a r~w~l tMnof, top~thu wirh ~ roeeipt for tM premiwn af wd~ r~new~l~ and th~ shail b~ no fit~ or win~ttorm I~swana
pl~pd on ~eqr of ~aid buiidinps. ~ny Mt~nat tMnie or pWt tFKnof, unbss in tM fonn'and with tM loa payabl~ ~ afw~taidi a~+d in tM ~v~nt any ~wn
of ear~y b~oomp payabk ~x~ wd~ policy or polici~s ~aid MORTGAGEE ~h+tl haw tM option a naiw «d ~ppiy th~ s~m~ or: t d th~ ir~br~d
nMS Ncw~d haeby a b pe~mit s+;d MORTGAGORS !o reaiw ~~d uk N a any p~t tAereof for other pwposes, wi~hout-the.eb~ waivi~~ w imp~ir-
i^0 +~+Y ~b. Ihn a ripht trd~r ar a? virtw ~ thi~ mort~+p~t and in dN ~vMt s~id MORTGAtiORS tf++ll for ~ny rwan fail to 4~p th~ siid p?N++aei? w
kawd, a fail b d~liver p~omplh ~ny pf said aol;cie~ of ~nsvrsnu to ak! MORTGJIGEE, a fsil promptly ~o pay fi,11~r ~ny pr~mium thKefor w in any
~ f+r b D~~L di~d?+~q~. ~x~wb„ ~fhd. oompMtt. oomP~Y vrith and ~bid~ b~r this co~r~+snt, a any~an her~of,-s+id MORTGAGEE m~y pl~ and
WY (a wd~ Mrwae~ w ar?y psrt tFwwf without w~NMq or aff~etinp +n~? aMien. ~i~n. pui~Y. cr ripht undN or by viAw of this Monp+p~. and the
fvll anaw~t of tacl~ and w~ry wd~ paym~M sh~ll b~ 8nmediat~ly dw and payabb and tlwll bw inNrat from th~ dah thereof until paW at tM r~t~ oi
nirn pa oentwe pw ~vsvm u~d WpethN wHh wth interpt shill b~ ~tvnd by th~ li~n of Mit ~aortpp~. '
1. To pKmit, ooenrJt a suffK no w+~t~. MeP+lrm~nt a d~teriw~twn of ~aid prop~rly a ~ny p~rt tMnof. _
S. To p.y dl ~nd ~Gputar th~,.ooatt, eh~rpa am! sxpN?ws. iacludinp e rNSOnabl~ ~trom~y': fk se+d coars of absnaefs of titb, in~wred or paid st
any ttene by said MORTWIGEE, b~c.a~q~ or in th~ ~wnt of tM failun on flk pvl of th~ said MORTGAGOR fo dufy. ~o~„P~y ,~d f„iy P..to~~n, d~y.;
•x~cv~ ~Hw. oompl~t~, oomplr with and ~bid~ by sscfi and ~Yery tM stipular~om„ ~eeme^ts. oooditions, ~nd oove~ob of ad promksory none ud thii
matp+p~ aoY w~i~l~. snd w~d oosn, chu~pa and expura, ~ad~ and ~wry, sMli b~ immed'utely dw ~nd p~yabtet wMtlw a ewt Ms.~ b~ nwki dr
mand, att~mpl 10 oolbct w wH p~nd~egt ~nd th~ tvll ~nawN of ~sch ~nd w~r wch paymMt shall bsar intenst frpn th~ da» tMreof until p~id at the
rat~ of nin~ per c~mwn pK ~rowm; ~r,d ~it s~id cbsts, chu~s and acpNaes tnaKnd or pifd, roy~fi~sr wiM svch k,»rat, shrll b~ s~cwd by th~ IiN? of thi~
s. 1'h~t in ths went of sny bnach of thb Mortyap~ or defwh on th~ put of tM MORTGAGOR, a(b) in the event ~ny of taid wem of nwney
h~M nhn~d to b~ nW prompty u?d fully p~id within thi~fy (3d) daya next ~fter IM sam~ pverally becan~ due and payabb, withouf dem~nd w notk~
a' (rJ k~ 1M w~nt adi ~nd ~wry tM sKpulations, sgr~e~+n. c«?ditiaa «+d ~ots of s~id promissory noro and th~s mortpa~e any a eithK sn no1
iulY. prompNy and fuly ps?formd, discMrped, ~xecv~ed, ~ff~cted, campleted, complied with and ab'~ded by, th~n io scthherr or ~ny avch ~wm tM uid ~g
prq+t~ sum mu?tiaNd in aaid promissory eoM fh~n reenainirg vnpaid, with Imerest acuued and all moneys satw.~r! her~by. tMll beaonK dw • and WY
+W~,fonhwith, w thK~after. ~t the option of said MORTGI?GEE, u fvlly and compl~tely as ii all of the said sumt of moeey w~n aipinaNy stipulated
to be paid on wch d~Y. anythi+g in s~~d prorri~sswy ?at~ o? in tha Mwt~sy~ to the contrary notwithsqndirg: and ttwwpon a therc~aft~r at tM option of
said MORTGAGEE, without notioe a d~muwd, wit ~t Inv ot in .•~?ity, ther~on or thereah~r bayvn, may bt p?osscuted as if ~II moe~rs s~tw~d her~by
had tMfur~d priOr to iri inslitvtion.
7. That In tM went that ~t th~ beginnirg of a ~t ~ny tLm pending ~oy wit upon this Mortpage. or to fore~.-~o~e it. ~r ro ~eform a to enfo?oe~
payment of aery daims haewid~r, said MORTGAGEE sMll apply to tMe Court havi~p jur~sd~ctioo thereof fa the appant~jt ~ ~ Reuive'r. such Couit sh~ll
fo.tFiwith ~ppoint ~ r~ceiver of s~id enorfyapad property all and sirgul~?, includ~ng all and sing~lu tl~e i~. p.ofit~, iswy p+d nwnvp hom what~vsr
wwc~ d~rived ~ath and ~very of whith, it beinp exptessly w~derstood. is hereby mortgsged u if sp~tifitilly set fotth and dewibed in the p~+y?tinp u~d
h+b~nckrn+ cla~es hs~eof, uid such Reaiva sMll Mve ~II t!M boad and effective funci~or+s and powers in anywise eMrualed by ~ Court tg ~ Receiver. and
such appointm~nt ihall be mads by wch Co~n as an admitted eqvity aod a rn~tter oi abwlu~e rght ro aid MORTGAt;fE,°'~tii! wirhovt r~f,erence fo tM
Wpvacy a irwd~qwcy of th~ wlu~ af the prbpaly modgs9ed or to the sohrency or insolvency of uid MORTGAGOR a the`'il~feridants, ~and tMt svch
rents, profi», incane, iuues and rov~nws sh~ll b~ ~pplied by such Receiver accordinp to the lien or pvity of sai~ N10RTGAGE6 ~nd the pwctice of wch
Court.
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8. To duly, prompNy and fully perfwr», d'~scharp~, execvte. ~ffect compkte. comply with ~nd ~bid~ by each at~d ~wry tFr st' latio~n. .
conditam and covenann in iav! promiuory note snd fha mortg~ge set forth. ~ ~0~~~1a.
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9. ?hat in ths event the ownership of the mort9~yed premises, a any parf thereof, becwnes vested in a psnqn other thsn the MORTGAGOR, th~
NtCRTGAGEE, its suceessors snd aui9ns, may, w;rhouf no?ice to tM MpRTGAOR, desl wifh such wccessor or sucfessor in interett w;th refcrence to tha
mw~pape and tM dcb~ hereby secured &i ti,a same manner u wirh Mortgsgor w~~lww in aey wsy vitu~iap o. d~scha~ging ti~e N1oKp,Qon• liabiliry hen.
~nde~ w upon the debt hcreby sccured. No s~le of the premises he.eby rtartyaged ~r+d no fwbear~~e on the part of the MORTGAGEE a iri successors
o. usiQos and no extensan of rhe time fo~ th~ payment of the deb~ hereby secu~ed qive~n by the MORTGAGEE or in wcasson or sssi~n~, shafl oper~t~
ro nkas~, d'adurp~, modify cMnpe or ~ffect the wigin~l liabifiry of the N10RTGAGOR here'u+, either in whole or in put. .
10. It b spauPKally agreed that time is of the eaence of this contr~ct ~nd that no waiver of ~ny obtiyation herevnder or af the oblgatan se-
ca;r~d Mrtby sMA at any time ti~aeaher be held to be a waiver of the terms hereof or of the instrumeM setured herby,
11. In add~tion to the for~go:ng monthly paymeMS of princ'pDl and interest required by the promiuory nore secured hereby. morig~gor cpvensots
ae~d sprees-w pay to mon~sgee with each montMy payment an additional sum estimated by mortgagee to be eqvai to 1/I2 of the annuat cost of the fdlow-
in9:
A-A!1 aeal ~~u~es kvied w assessed against the sbove~ dewibed real estate. .
B--Premiums on fue and
w~i Rlsw N+surance as herein requ~red to be urri unprovements sit~ate on the above desaibed p?emises.
C-Praniums on s4ch matg~ge puaranty ~ as mort a irom time to time daem fit to carry on the loan secured hereby.
1Nort9~gee shatl from time to time notify m- ,n the amoum due and payable hereurwles and sueh wm shall tbereupon be dve ~nd
p+Y+bb on the due date of tfic ~ent Y paYenent and each suocessive reafter urtil mortgsgee shall ooti mort
ar.~o~m. Such sum~,jhs1E-bE"Zpplied by mo~tgapee toward the nt of rtal , ~ 9a9o? of a change in tud~
P+Y~ P~~~Y ~ P?em~wns. ~nd mortysye gua?anty insww+ce
p~emiueu,
IN WITNESS MMEItEOi, tFK said MO GAGOR Ms hereunto set his hand and seal the day and yeu fint aioresaid.
•i Sip~d. d~~1vN~d in ~M ~ f:
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9
~-n
K--n
STATE Of FWkIDA ~
counm oF St, L~ ci e
e.tor. ,n. pN,wutly ,pp~,.ed RA4mnnri K9ne ~
MAbAI ~1T1A his wife, to me well known and known to rn~ to b~
th~ irdi~iduab desan'b~d in ~++cl who sxecvted th~ faeyoiig kntrumem, ~nd adv~owkdped b~fa~ me that thtp e~ceouted tFw ~ for tM purpw~s
rMr.~n .xP..u.d. Md rh. ••:d Mat~el Kane
wii~ d th~ wid RA ~Qnd Kana upp~ ~ s~p~r~t~ ~nd pinr~t~
e,c~n~tion by m~ t~ka~ Kpara?e snd apan from her s~id hu~band, ~duwwl~dped w and b~for~ m~ tMt sF» ta~cut~d ~aid inqnKnem fre~ly and wlvo-
ariy and without uq compuls;on, caur.aint, apprcha~q~iq~, p fear of a f.om her said Iwsb+nd. , .
WRNESS n?y Iwd aw! official isa! M~s__ ~y ~ A. 19_~L'~.
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NaKy Fublic in ~nd for &at~ of Florida at Lup~
My Convnns'°^ ~xPkM: • ~ ~0"'~~
R~ewa Ta
fint fydwal Savin~s i loan Aasoctatan ' ' •
o~ F«t P~?«. FILED AND RECORBE!'Ji
~ o~Ce, F~«~+ S7. LUCIE COUNTY. FLA. NpT~r M~u~ ~w~ ~ N~p~v~~b• ~i~K
ll~~~jl~ala~) RIF!E~ MY COMN?a~ou~w i~~ • o•asta•.MO~"
~,p~ rn
a ~ ~ ,
is instrume~t 4~ ~ pssn. '68 ~IUN 3 AM I : 21 . ' ~ ~ ~
Frnt Fede~al Q,e;Ce ~tccJ ~ J I'= ~
. or fo~ i~ a~ 5 a -
O;iER i~01TRAS ' ` ` ~ ~ ~ -
Jo na ~
gy C~EaK CIRCU~T COURT ~ yr~,k~'
-Y~~c W~
OR
~ ; d00K 1 ~ PACE 4~ ~ . • . rb
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