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To ptap Md conrLwrously kNp on t}K building~ now a Mr~~fr~r aitwt~ on said land and on ~Ii puipm~pt ~nd paso.wlly c~~d by thb mort~
p~. Wtfll ~SI pf~TiYf1A tIN~~011 Piid III f11II~ fk~ I11tVf~M~ in th~ uw~l standard policy fam, ~n a sueh ~pprovN~ by tM MC~?GAGEE, a+d wincbtorm
truur~na In th~ v~wl ~~aed+nl polrcy fam, in ~ sum .pp.owd br tlw MORT~GEE; 1+~ ivd? company w compiniK a tM MORTGAGEE nwr
d;npJ ~nd all fk~ and wi~lonn M+swa+ia policiN on aeiy of taid buildi~+ps, ~ny t~?tKti1 th~nin w pwt tMr~of. In t=w ~~pat~ wm ~foraatd or
tn ~xatf tlw~of, ahall conuin tM wwl ~t~ndard maty~ dww w sud~ otha dsvs~ a tM MatqapM m~Y nqvw, ms4bg tM loss urwJM aid pol}
ci~s. ~ad~ uid svtry. WYabl~ fo ~Id AIORTGAGEE as ib inttrest rn~r +DPM~. u?d ~~th ant! ~wry wd~ policy sA~ll be proenptly ~ss:9~1 ~nd d~liret~d to
+ny MW b~r wW MORiGAGEE as fwthw s~cwny to ~id mort~ debt, aod. not I~ss tMn t~n (10) d~ys io ~dv~nc~ of tM ~xpiratiw~ of wcl? polic~r, 1o dr
li;w ro wW MORTGAGEE ~ r~wal th~r~of, top~d~ witA a natpt for tM pn~+Iven of wch ren~wal; and th~n ah~ll b~ np fir~ a wie~torm insw~nct
pl~o~d on ~ny of ~aid buildiaps, any ietK~st tiwnin o? p~n thK~of, ued~ss in th~ fonn'and with tl+~ loss p+yabb as ~f~~id~ snd in th~ ~vem ~ny s~m
of ma~y b~cao~a pay~bl~ w~ wch Po11cY a Polici~s s~id MOR?GAGEE ~MII h~w tlr option w~~uiv~ and ~ppfy tM sam~ on xcovn~ d tM k~d~btsd~
n~si Mtvr~cl hM~b~r or to psrmi! said MORTGAGORS to tepiw and vs~ it or ~ny part theteof for other p~rposes. withouf thaeb~ waivinq p wnpair
tnp ~nY puity. li~n a ripht a?d~r or bp vtrtw of this mortyap~~ and in tM ~wnt said 1NORTWIGORS shal~ fa any r~awe fail to ke~p U+~ wid pnmiies w
insu?ed, o? fdl b d~liwr promplly ~ny of satd policks of insw~nn ro uid 1NORIGJ?GEE, a(ail proe? tly-to pay fullr ; y pr~miwn tMr~fa a in anr
nip~et fatl b pKfo~n~, dischupe, ex~cut~. ~ff~ct. canplsb, cony~ly with w+d abkN b~r this coven~ot. or any psA hKwf, s+id MORTGAGEE may plac~ ~nd
P+Y b? wd~ Mavranc~ w any put tMreof without w~IvMp w affwinp ~y optioq, If~n, puity. w ripht widK w by vi~tw of thi~ Mortpap~. ~nd ~h~ ~
fufl anww~~ of ..d~ .nd ewry wd+ P.rm.m ~MII b. ~nsdta~ely dw .~,d payaW. ~nd sMll bes? ~n»r.a ha,n rh. da. ~Mr.of un~tl paW N tA~ qb ol 1
nir» pM a~twn pK +nrwm ud royetha with wcA inttra~ sMll b~ s~cwed by Nr IiM of tNs mo~tgp~.
1. To pwnsy ~o~nmit or wffK no wut~, M~kme~t a dstKiontioo W wid propKty a any p~rt tM~~of. :
~
S, To p~y all snd sinpular th~.ooan, dwqh and exp~rae~, inctudinp a nasonaW~ attor.~y's he and cosn of ab~hattt of title, incuned or paid ~t °
any tlrew by said MOR1GAGfE, b~uus~ or in N+~ ~wnt of th~ f~ilun on th~ put of tM said MORTG/1GOR 1o duh. promptly ~nd ivlly pKforny disehu~ - ~
execvn. ~ff~ct. oumpRt~, comply with and abid~ b~r ~sd~ ~nd every tha stipuletioes, ~preamena. cw+ditiorn. snd cownann of said promiuory rwt~ and thu'
mon~+p~ ~ny w ~iN~. and ~aid cosn. cha~qn and ~xp~e~, exh and ~wr~., shall b~ immediately dw ~nd p~yabl~: whe?ha a not tMr~ b~ notioi d~ ~
maad. attanpt to coll~et ar wit p~d'in9: i~1d 1M ft1II YIIOWIt Of NCI~ tfi~ gya~i~Y f1KI1 piylMflt {MII bN? ~1tliHt ftOR1 1M ~t~ 1ANlOf vn~il paid at the
rsre of nin~ per c~ntwn pK ~nn~m; ud sll said cdsts, charp~s and ~xp~m~s te?evrrod or paid toyethK with wch inttrat, sh~ll be s~na~d by tM li~n of this
mor?pp~-
0. ilwt ta) in tM wset of any bnxh of thp M~tyap~ o~ d~fwh on Nr part of th~ MORiGAGOR, a(b) ie tF~ event aey of taid awm of mo+ny
herein nf~n~d ro b~ no~ promptly and fully p~id within thi?ty (3p) d~ys n~xt aher tFw sam~ averatty bacome dw and payabk. witlaut d~mand p notip,
o~ in th~ tv~M ~ach a~d ~wry t!r stip~rlatiom. sprNn~eMS, conditions snd cw~nn of sud promisswy not~ and th7s matpape any w~itMr ar~ nol
iuly, p~omptlp and tvly paformd, d~id++~~ed, execut~d, ~fficted, compl~t~d, complied with and ab~ded by, tMn in ei~Mr w any w~h ~wet tM said a~
pre~» sum mantion~d 7n said promis~ory noh then rwrwinir~p vnpsld, with lnter~st accrued, and ~II nwneys secv~ed her~by, shall becan~ dw and p~y-
abl~ }Ott~fWi1I1. p tIM/NRK. ~t th~ optan of said MpRTG/?GEE, as fvlly and coenplHely ~s ii ~II of the ssid wms of awn~y v,r~« oripinally atipvl~ud
ro be p.id on wch day. +nythin0 in satd p.omasory not~ a In this Mo.ty~ ro ~he ooneruy nonu~rhsrandinp: ~nd thereupon or the~eaftM at th~ option of
~a;d MdRTGAGE~, wi~hovt noric~ w dem+nd, w+t ~t la~r w in puity, Hw.afas a tFweaf~er bpw~. ~nay b~ prosecvted as if all moeKya wax~d her~by
h+d t~h?rM priol b it~ iestitution.
7. That In tl~ ~vent tMt at th~ beqirr?in; f o? ~t any tim~ pa~d'ieg aop wit upon ~hb Morty~ge, a to forecloae H, or to roform it, w b snfwa ~
payrnenl oi amr dairos lwwndsr. ~id MORiGi '~cE shall ~pply to tht Coutt havinp juriadittioa therwf ior tM ~ppo~ntmsnl of ~ Reteiver. wdi Covit sMll ~
forcFnwith appoint • nceivN of s~id mo~rtyaped.propKty all u~d su~pvlar, incl~d~np all and singulsr th~ income. profits, issues «..i reven~e~ from wMtever
~ourcy d~rived. ~ad~ u+d evsry of w!?ich. i~ b~~np ~upres~ty w+derstood, is hersby mwegaged as if spec;iiuUy wt fqrth and describ~d in the yr~rin~ ~nd
hsbenduen ctauaes I+ereof, ~nd wd~ Repiver sMll h~w all tM brwd and effective funcrio~s and'powen in ~nywiss entrwtad yy Cowt p a Reteiver. and
wch appointme~t shall b~ m~de by wth Court p an admitted equitp and a maner of ~bsolute riyht ro~id IY{ORTGAGEE, ar+d wirhout referenc~ ro th~
~deqvacy a~acy of tl+~ wlv~ of th~ prope~ty mwty~d or to the soNenty or inwlvcncy of said MORTGAGOR o~ t!r defendants, and that svcA
renn, profits, iecome, iuues u~d r~wnws sh~ll t~ applied by svd~ Receivar ~ccwdu~y to the lien or pvity of said MORTGqGEE and tM p?~ctia of wth
Coun. . .
a. To duty, promptly and fully ps~fwm, dis~h~rQ~, execute. eff~ct, complete, c~emp~Y with and abid~ by aach and swry' tM stipulatio~?~, apreert~any, ~
conditioro and covenann ~n said promisaory ewt~ and ~his mo.tys~e set forth. _ _ {
9. That in tM ewnt th~ oMrnership o# tF~e mwtys~~d premises, or any part thereof, beaomes vested tn.a.~eson-o~lhsr than.the /y~pRTGAGOR, tM
MORTGAGEE, its successo.s and ~u;yns, may. wifhovt notice to ths MORTGAOR. deal wirb sueF? wasa~or a succes~or • in ~t~casf-wf~h.te~enote to this
mortpap~ and tIw debt hereby secvred in th~ ame m~,~ u wi~h Nbrtgagw witlww in any way vitiatirg ar .dia4M?giny tM Mortys9or;' Iiabil:ry' here•
undcr a ~pon t1+E-debt-hereby senrred. No ale of the premises hereby mo.t~aped and no forbe~ra~oe on ~he'part of tM MORTGAGEE or it~ succeason ~
w assig~u snd no exte~sioa of the time fw ths payment of tM aebt hereby secured yiven by tF?e MORTGAGEE or ~b~~WCCesaors or assiqns, sh~p ope~at~ f
to rekas~, disdwrp~~ qlpolfy tIUf19e pI afflCt tFN Of1~iMI Iiibilit~l pf the MORTGAGOR herein, ~ither in whole or in put. - / ~
10. It is specific~lly ~yreed that tim~ b of the cssence of this contract and that no waiwr of ~ny obligation hereunder or of iM oWiy~tion t~ ~
a.red hs~eby aMU ~t sny 1'urme lhere+Ner be held tp be ~ waiver of the terms heteof or of the instrumeot sew~ed herby. ~
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and ~praes to p~ ee with each monthly psyment ~n ~dditional sum estimated b mort ~n ~
Y yapee to be equal ro 1/12 of the annu (pw- j
A-AI! real pioperty faxa bvied w assessed agains desvibed real estate.
6-Premi,Hns on fire snd windstorm insur~noe as herein reqv~red improvements iitwte on the above described premises,
C-Premiums on such mort9pe 9wr~n i mortgsgee sh~ll from time to time ' on the loan secured hereby. :
Mortysgee shall from t' ?~otify mortgaQw in writing of the amount due artd psyabk hereurder a,~d hereu
payabb on t e of the next montl?ly payment and each wccessive month thereafter until mat `
am , gsqee shall notify mortgagor o•
• ~ qi y~
p+emiurtq.
IN WITNESt WHEREOF, the said MORTGAGOR Ms here~?MO set his hand and seal ti+e day u~d year fint aforessid.
S~p^ad. dg4wnd ' of: '
~ +~--~!!l~l~/~ ~'S~~Q
~
~,n
~ R--n
STATE Of FLORIDA ~
courm oF St. Lucie
e.fon m. pK,on.uy.pp..r.d _ Thoi~a M BLlnhannn
and
his wife, to ms well known u~d known tp me 1o b~
rlre ird'nridwb daaibd and wlw ~x~cutd tM fore~oinp irtstnwr~+t, and acknowledped befon mt tFat thay execund tM sariw fw ths pwpos~s
tficrein exprNNd. Md tM s+:d D01111Q BLiC2'18II0::
W~r. ~ rh...w _ Thomaa M. Buchanon ~ ~ ~
e:~m7nation by nw s~ken s~pa?a~e snd ~put from hsr said hwb~nd, adcnovrledped b and beMn ~ne that sFw ex~out~d s~id irotrurtient fnel~ aed voMrm
r~r~ty ~nd witkovt Wqr oompulsion, caatraint, apprsF»ro7oep or fear of or fran her iak!
WlTNESS my h.nd .nd oHic;al s..l thi. ~,5~ day of • D. 19~C
l
Notuy P~bIK in ~nd fw tM St~ts of f{orids a? lwp~ 1
~ ~ My commi..;o~ .upi..,: p- 2 (i _ ) ~
RNwn ta
iint hd~ral Savin~s i loan Auociat]on .
of w., a~.«_ FILEO ItNO RECORDEO
ST. LUCIE COUNTY, FLA. NOTA~Y fUBLIC. iTATE Of fL0i1t0A AT tARiE
~ P~"~ f~d~ y'yl/ ~V ~F R~~~ fi~ Mr G~MMISSION E.~PlRES NOV. ~6, 1971
• ~~i"~~.VS~ ~pNptp TMAV\inil! FR-O 1M. D~[iis~MaQ•
1
This instNmert prepared by '68 JUy 3 A~1 I I: 29 , ,
Frst Federal Sar. b loan Assn.
ot fort Piarce , : _
:,Q~= c? ~ OtTRAS _
B~r~. Chestain CLERK CIaCU1T COURT
0 R . ~ . . .~.•r . '
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