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s. To ptsp and oont&w?o~nly k~~p on th~ buildinps now a M*eahK ~itwb on sak! land and on ~II p~ipmMt ud pKSOnilly cownd by tAis matP
p~, with ~II p~~miwrA thKeon p~id in tull. fin i~s~ranc~ in tM usv+l sr+ndud policy torm, ~n a swn ~pprowd by tM MORTGAGEE. a+d wind~wrn~
trnwa~c~ In 1M wwl sundard poiic~r fonm. in a iwn apprav~d by tht lNORTGJIGEE, in wcb companY o~ canp~?iM a ~F+~ MORiGA<3EE m~y
dlnc4 and ~II fin and wiodpom~ inswana policiq on ~+y ef s~td buildhgs ayr inhrat thenin a p~.~ thrnof, ie t!w apqrey~~~ wee afaMaid a
M t~coea tha~of. ~hall eantain tM wwl uar?dard mo~rt~ape~ elsvs~ w sush at~ dws~ u tM llAorppN maY nqu7n. reu?fnp rl+~ loss undK wid pol~
cia. ~ch and ~very. P+Yabl~ w aid MORTGAGEE ~ iq interest maY +PP~+?. aad ~acA ~nd ~very t~ch policy shall b~ pranptly ass:qn~d and dtlivKed to
~ny MW by said MORTGAGEE a fwthu secv~ity to s~kl matysy~ debt. and, not Rss thae t~n (10) day~ fe adv~nc~ ot ~M ~xpiation of ~ach policy, ~o d~•
tiwr ro s~id MORtGAGEE • rN+ewai tlwrwf. toq~tM. wi~h a r~c~ipt fa ~hs p?~mHnn of wch t~ntwalj ud theM sMl) M no ~r~ p winditwm insw~na
pl~o~d on ~ny of ~id build'mpa, aoy inte?est Nwnin w p~n thw~of, unisss in ~h~ fono' ~nd wi+h tM loss payabl~ a sfonsaidr ~nd in th~ ~wat ~ey ~wn
of nw~wy bacomet payabb u,~de~ wch poli~y a polici~s sak! N10RTGACsEE sh+ll Mw rM optan ro reoeiw aed appy tM s~ o~ aaowd o~ th~ tr~bted~
neu .ecw.d 1?K~by a ro parmif s.id MORTGAGORS ro naiw •nd ua. N o~ ~ny part therwf fw o~her purposes, wi~hout thaeb~ waivinq a impair
inp ~ny aquih. li~n or ripAt undN w by virtw of tlw mprtyp~s ~nd in tM ~wee?t said MORTGAGORS sh+ll fa ~Mr r~sson fsii to kep th~ uid pnm:stt w
intund, ar f~tl b dtlivK promptly any of said policiet of inwrsnts !o said MORTGJIGEE, o~ fail prompNy to pay fully any premtum th~r~fo? o~ M ~nr
r~ip~q bil b pKfo~ni, discMrp~. ~x~cut~. ~ffect, oar~pbt~. comply wirh and ~bid~ by this oownan~, w u?y p~n herwf. ssid MORiGAGEE may plac~ ~nd
P+Y imw~ a+nY put thK~of wiMout w~fvinp or ~ff~dlnp ~ny option, li~n, pviry. or ~ipAt undar a by v~tw of tMs 1Mortp~pe, and tM
fuQ amo~~+t of ~ad~ and ~wry urch paynwnt sh~ll bs immedtar~ly dw and piyabh w?d sAa11 b~ar intKest from tM dat~ thKeof until paid al tM wt~ ol
nin~ pa qntum pw a+nwn and 1o~ethtr with wch inrerest shall b~ secutad by th~ (isn of this mott9~ps. .
1. To p~anit, oo~rmat or wff~ no waste, Ynpairtnent w deterior~tion of s~id prop~rty or u~y part theroof.
5. To pay ali and Nnputar th~.cosy, charpti ~nd expau~~, inclvdinp a ~easonabl~ attaney's fee ar+d cosn of abstrac~s of titl~ iecun~d w paid at
any time by said MORTGAGEE, baaus~ w in th~ ~vM~ of th~ f~ilure on tM p+?t of tM iaid NWRT~AGOR to duly, p.omPry ~od fu~y ~.fam, d~sch+.p~,
~xecvts, ~ffM, oompk~~, aomply w;rh u+d •btd~ by ~ad~ and .very tM aiput•i~r?s, apreemeen, cond~ttoro. a~+d oown.nn ot wtd p.om~uo.y nor. and fbb
^wno+p~ +rW w~itMr. and said aosn. chu~es•~nd ~aperKes sach ~nd ~very, shall b~ immediataly du~ ~nd pay~ble; wMth~? w nw ther~ b~ eotia dr
mand, ammpt a co11M w wit p~r?3inys ~nd tM ivll anqunt of each ~nd ~vNy wch p~ym~et sMll bea? inferetf irom t1K d~tf _fMreof until p~id d the i
rate of nin~ p~r centum pK amwr~; and all s~id cdsts, chsr9a and expcv~ses incwrtd w paW, togtthN with wch intenst ~!»II b~ s~cwed by 1M li~n of Miw i
m+ortpp~.
0. Th~t ja) in ths evt~t of ~ryr breach of thit Monyap~ or defsult on the p~rt of the MOitTGAGOR, or (b) tn th~ want of s~id sunn of moMy
h~nin refsned to bs not prompny and f,rlfy p~id wit6in thirty (30) days oext aher ~he sanx severalfy become dw ~,id payabl~, without d~msnd a notice
or In tM evMt each and svery th~ stiputatwns„ ~greMnenn, conditions ~~d cove~nq of s~~d p~omissory not~ ~nd this morlpap~ ~rnr a ~ithe? an eol
ivty, p~omptly ~nd fuly perfo~med, d~scharped, ~xecvted, ~ffected, completed, complied with aod abidsd Sy, then in athe? w any such ~wnt tM said ~
prq~t~ wm rrKntion~d in said promissory ~ot~ thsn remaininy vnpiid, with interest ~ccrued, and a!1 moneys sscwad 1?er~by. sh~ll becwn~ dw u~d p~y.
abk iorthwith, w theresher, at tM opYan of said MORTGAGFE. ss fvlly ~nd compktely at tf all of the said aums of moMy w~n o?;girylly sripvlated
to b~ pa~d on such day, anythinp in sa~d pranissory note or tn thh Matgage ro the conrraryr notwitMtandirp; and tF~e?evpoe or ther~afta ~I tM option of
sa;d MORTGAGEE, witkovt notic~ a dem~~d, wit N law w in equity. thereforo or thereaher begvey may be prosecrited p if all nwn~y~ s~and Mreby
had miturld priot ro its instiTUtion.
7. That in tM event tMt ~t the beyinninq of or ~t any time pae~ding spy :vit upon this FAor1g~. or ro forecloa h, or M refonn it, p to enfwp
paymN+t of a~y cls;+ns hereunder, said MJRTGAGEE shall apply to the Covrt having jurisdipion thereof fot tM sppo~ntment of a Rsteive~. wch Cwrrf sMll
fortiiwith appoint a receiver of said mortgsg~d property all u?d suguln, includmg all and sirgula~ the incona, pofits, issws u~d nvenues from wMteva
soura daived. each a~+d ~very of whKh, it be~rg expre~aly ur~ds:s~ood. is he.eby mong~ged ~s if spec7fiully set fath and described in tl+~ y~anti~p and
Mb~ndum d~usea he~eof, and wch Receiw~ sMll hsve all the b?o~d and effecrive func~~ons and powers io a~ywise entnnted by ~ iCourt to ~a Reuiw~. and
such appointmtm thall be m~de by such Court u an ~dmitted equity and a msnK of absotute right ro aid MORTGAGEf;"and without nfere~ce ro tl~
+de4vacy or irwdeqwcy of the wlw of the prbperty morty~ed or to the sotvency w~naolvency of ssid MORiGAGOR p t~t dfhndanls, and that :uch i
renr~, profits, income, iss~es and revenues sMll b~ applied by such Receiva accordi~ to tM iie~ or eqyity of Wid MQi~1GAC~ u~d tF?e practica of such ~
Coutf. ' . i
8. io duly, promptly and fully perform, d'pcharpe, execute, affect, complete, oomply wi~h ~nd ahid~ by t+th aed every,tly sY~p~rl~tions,, a~r~srtKny. ~
conditio~s and cwe~wnts in said promissory note ~nd this mortgage set fwth. .
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9. That in the event the ownenhip of the mortgaged premisea, or any part thereof, becomas vested in • pKw~ `otf~er. tMn tke AAORiGAGOR, fh~
MORTGAGfE, its succeuon and auiyr~s, may, wFttwot notice to the MORTGAOR, deal with such successa or f~xcesao? ',n ~nter;,}t witk~re'fne~ce td tF?is
mortya~e and the debt hereby sec~red in thQ same msru~er as with Mottgsgo? without in any fway vitiatieg or discharging the Morfyagors' liability herr
u~der or upon tM dcbt hcreby secured. No sde of the ~vemises hereby mo.tgaged and no forlieara~ce on the psr~ of the MORTGAGEE a its successors
or auigr?s and no exteosion of the time fw the psyment of the deb~ hereby secured given by the MORTGAGEE w ih wccessors q ~ss;~rq, ,Iu~~ operat~
ro reltas~, distMrQe, modify change or affect the otiyinal liabitity of the MURTGAGOR herein, either in wiwle or tn put.
10. h is tpedf'~cally agreed that tune a of tha esscnce of this conuact and that no waiver of amr obligation herevnder or of the obliQation as-
n;red hereby sha11 st any time thereafter be held to be a wsiver of the terms hereof or of the instrument sscured herby.
I1. In addition to the forcgo:~g monthlY psYmems of princ:pDl and interost reqoired by the promisswy note secvred hereby, mortgagor covenants
and sprees to pay b mwtgsgee Mrith each monthly psyment an addirional sum estimated by mortgagee to be equal fo 1/12 of the annual cost of the foltow-
ing:
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A-AU real properry taxes kvied or sssessed against the sbove desaibed real estate. ,
d-Premivms oe? fire and windstorm ieuurance as herei~ requ:rcd to be urried o~ the imp?ovemenri situate on the above desuibed premises. f
C-Premiums on such mortgage g~annty insurance as mortgsgee shall from time to time deem fit to csrry on the loan :ecvred hereby. ~
Mortgagee shsll frorn time to time notify mortgagor in writirg of the amouM due and psysbk herevrKkr and such wm shall thereupon be due and {
payabls on the due date of the next monthly payment and each successive month thereaiter until mwtgagee shall notify mo~tgagor of a chan~e in such 4
amount. Such sums shall be applied by matgs~ee toward the payment of real property taxes, inwrarxe em;ums, s~d mortgage nty inwr~noe ?
p~emi~ms. ~
IN WITNE55 ~IVHEREOf, the said MORTGAGOR hss hcreumo set his FNnd ~nd sesl the day ~nd r fint afwesaid. ;
Sip~Md. S~al~d delivKSd jn N+s o~ ~ ~
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•n
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STATE OF FLORIDA ~ •
St. Lucie
courmr oF
; e.t«. P..w~.ny .~....a Georgg Fe~ i x .~d
his wiie, fo me wetl k~ •nd known ro m• ro b.
r!» k~d'irkh?+h deaorib+d In and who ~x~cvred the fo?eyWny ,ument, and adcnowtedped befwe me tMt tFwy e:eculd tF~ ssm~ fw tFw purpas~s
.=w..»a. ~?~a ..a Janet E. Felia
w~r. a M» ..w George E. Felix ~„d
ex~en4wtion by m~ tak~n s~par~te and apan from her taid Fwaband, adcrww{ed~ld tp ~n~! befae rn~ that sM executed said i~strwnsnt hkly and vof~n.
rarily ~nd w:thovt aqy eornpe,bion, ca+stia;nt, ippre fw of w f?om her said band, .
W1INESS my hand ~nd official st~l t" d+Y of A. D. 19~
Notary Public in ~nd for tM St F{aida ~i l~rp~
R~nxn To: Mr ~~~~u~+ ucWra` 'V ~
fim F~d Savirgs i loan l4soa~t~on ~ • NO~if~ PYWK. $tit! ~ f~prj~
Of fort P~c+ce. J Qt d~ jt ~
~'1LED ANO i~ECOA~ ~11~, C~,~;ssion Exyircs Nor. 3 i~~
w.+ PK.«. Fb.~d, sT. lUC1E COUN7Y. ~o.ae y w.,..~,. Fw a c...,y p~~'
iZCCORn VER1F+rD a~'i . ~ .:r_ ,
TF'~ic ~Rst~U^teslt p'~'par~1 br 1.~)"~0 c,r
i
~~rst federa; ~av. & l~an A.~sn. Z9 •
ot Fort P;erce '68 ~lUN 3 ) ~ ' ~ . .
D Ch s i ' ~ ~
g . s_an << s~
. r i~~~~~
. 03cR +~O~TR~S ~
~ CLEAK CIRCUIY C,OUR? ,
rb
~ ~ a~ 172 ~ 488 ~ -~~4 1 .
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