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To plaq ~nd ca~tinuovily ke~p o~ tM buiidings e+ow w Mn~ha situ~t~ on s~W luid snd on ~II puipment ~~d ptnonatly covend by fhi~ matp~
p~. wi~h all pr~miv~ tF?~non pa~d in fv14 fi~~ insuaM~ in ~ht uswl iundard policy iwm, sum app.ov~d by rM MORTGAGEE, aed winduam
iniwa~a in tM ~swl st~ndard polky fam, in a wm approvd by tM MORiGAGEE; in ~uch company w canpani~s as t1~e IYIORTGA(3EE ~n+y
dim~l ~nd all iu~ u~d wir~~orm i~wana polici~s on any of said buildinp~ ~ny inM~~st thK~i~ ot part ther~of, in th~ ~~p~~~ ~um ~forKaid a
In acc~u tMr~of, ~II contaln tM uswl sandud matpyN clavs~ w auch otMr davs~ 1M Mwtyape~ n?+Y rsqa=^e. ~ktng ~ti loss w~dN aid polF
ci~s, ~+ch u~d ave~y. p+Yabl~ ro s~id MORTGAGEE +s ib intereit m~y appNr. u+d each ~~d every svch policy ~hall be promp~h +as:y~ed and delivK~d to
any Mld by s+id MORTGACsEE as furtha secu~ity to a~id mw~ps~s d~bt, ~nd, no~ less th~?~ t~n (10) days i~ adv~nu of t!N ucpiratian of ~ath policy, ro da
IivN to aW N10RTGAGEE ~ ren~wal tfa~eof, top~tM+ with •?ec~ipt iw ths pr~mivm of wch rK?ewalj ~~d tMr~ sh~ll b~ ~o fir~ w windt~am insw~eu
plaad on a+y of said buildinps. ~ny inte~at tiwr~in w paN tMrwf, vnltis to th~ fu.m'~nd with tM loss paY+ble +s afa~aid: u~d tn th~ ~vsnt imr sum
of moMy becan~~ parabh w±der wch policy a polici~s aid MORTGAGEE sMll haw th~ option ro nceiw and ~pply tM su~ on ~ccow+t o1 tM ir~btd~
~xu savnd M?~by w ro permit said MORTGAGORS to receiw and u~ h or ~ny ps.t thereof fw othe~ purpases, wi~houf thr.cb~ waiving a~mpair-
inp any puiry, I'hn w ~ipAt voder w by viNw of this mort9~p~j and in tM ~ve~t s~~d MORTGAGORS th+ll fw any rwwn f~il to k~ep tM s+id premisas w
in~wed, o~ iatl b deliver promptly ~ny of said policies of iniv~~ce to said MORTGAGEE. w fsil promptly to p~Y fully any prtmi~m therefor w In any
roip~ct fail b pafonn, dixhupe, ~:ecuts, ~ffect, compbte, comply wirh a+d aWd~ by this tovenant, a any p~~t herwf, s+id MORTGAGEE may pl~ ~nd
pay fo~ such iiauranca or aoy put tM.eof without w+hiop or aff~ctirp a~y option, lien, puity, o? ~ght undK o~ by virtw of this Mo.t~ap~. ~nd tM
full ~enouet of esch ~nd .w.y wch paymem sh+11 b. ~mmed~ar.ly dw +~+d p.y~bl. and sh~ll bear inlerest from tM daN thereof ~ntil paid M tM rat~ ol
nin~ pK antvm pu ~nnum a~d togethe~ wit6 such intere~t sh~ll be sscvrod by tM li~n of this mort~ay~.
1. To p~rmit, oanmit or wffa no wut~, bnp+ument a deterioration of said property or any part thereof.
S. To p~r all ~nd sinputu tF?e.cosn, char~s u~d expenses, includiny s~sasoi+able ~nwr?ey's fee •nd cosn of ~bshacts of titte, incvrced o~ psid at t
any tim~ by sa~d MORTGAGEE, Mcius~ w in the eva?t of ths failuro on tt?~ pa?t of tM s+id MORTGAGOR ro duly. y?omptly ~~d fully per}wm, d~xh+.o~.
execut~, ~ffect, complete, comply with and ~bick by each +nd svery the sYip~btions, ~yreem~nts, cooditions, +nd covenann of said pra°nissory note and thu
mwty~ ~ny w either. and said costs, chupes and ~xpe~ses, esch and ~very. sMll be immsdistely d~e ~nd p+y~bk: whether o? not there be notici da
mu~d, attempt to colkct a svit pending: u~d tM full ~rt~ount of ~s:lti s.~ss! a:~ery sucl? paymant sh~ll bea~ interest from the date th~rwf umil paid at tht
rate oi nine per centum per annum; snd all said tdsti, tMr9es and ex(xnses inturr~d or paid, loptther with suth intet~st, sh~ll b~ sKUred by 1F?~ lisn of thif
^+ortp+~e•
0. TFwt I~) in the evee+t of any breach of this Mat~ay~ w defsult on the part of the MORTGAGOR, or (b) in tM ~va+~t ~ny of said swro of mon~y
her~in nfened to be not prompqy and fully p~id within thi?ty (30) days next ait~? the same sever~lly become due and payabb, without demand or not~u, '
or in th~ ~vent e+ch and ~very tM :tipulatioeu, ~greemenb. conditions and cov~n.-n of sa~d promissory note snd th~s mwtpaye any o~ ei~hsr are no1
~u1y, promptly u~d fully psrform~d, d~sch+rged, executed, effected, completed, compl~ed with and ab~ded by, than in eithe~ w any tvch event tM s+id a~
pre~t~ uxn menYaned in said promiuay note then remaininy unpaid. with inter~st acuued, and all moneys secured hereby. sh~ll becan~ dw and p+y-
able fathwith, a theresRa, at the option of said MORTGAGEE, as fully and compktely q if ail of the said w~ns of rnoney wem oripinally st~pubted
to be pa~d on such day. anything in sa~d prom~ssory note w in this Mwtgage ro the contriry"t~otwithsunding; and ~hereupon a thereaher at th~ option of
said MORTGAGEE, w~thout not~n or demand, wit ~t laa or in equity, thereforo or thereaher begun, msy be prosecvted as if ~II ma~eys sacured hereby
had matu~ed priot fo in institution.
7. That in the event tMt at the beginniog of w at any time peno`~ng aor ~cE: upon this Mwtg~e, w to fweclos~ it, or to rofwm it, or to enfora
payment of ~ny claims hereunder, said MORTGAGEE shall apply to the Cou~t having jurisd7aia+ thereoi for the appantment of a Receiver, wch Court ihall
fortli~rith ap~wiM a receive? of said mortgaged property all and sinyvl~r, includ~ng all and singul~r the income, profits, issues u~d revenues from whateve~
w~rte derived, eath and every of which, it being expreuly understood, is hereby mortgaged u if specititally set fwth and ~esuibed in the yrantiny and
habendum clauses hereof, and such Receiver shall have •II the broad and effective firnct~ons and powen ~n arrywiu entrwted by a Cov:t to a Receive~, and
such appointment shal~ be made by such Court as sn sdmitted eq~ity a~d a matter of absolute right to said MORTGAGEE, ~nd without reference ro ths
sdeq~~cy w inadeqwcy of the value of the prbperty matgaged or to the so:vency or insolvency ot said MORTGAGOR a the defendann, and that tuch
rents, profi», income, iuves and revenues shall be app~ied by such Receiver accordiny to tM lien or equity of said MORTGAGEE and the practice of such
CouR.
:
8. To dvly, pranptly snd fully perfwm, discharye, execute, effect, complete, comply with and abide by each and every the stipulstioray agreemenri,
conditiorq and coven+nts in said promissory note and this mortgage set forth.
9. That in the event the owne+ship of ths mortgsged premises. or ~ny psrt tt+erkaf, becomes w~ted in a person other lh~n the MORTGAGOR, tM
MORTGAGEE, hs wccessors ~nd suiyns, may, without notice to the MORTGAOR, deal wifh such successw or successor in intcrest wifh refcrence to this
mortQa~e u~d th~ debt hertby setured ie the same man~er as with Mwtgsga witho:?t in any way vitiatirg or distlurging the Mwtgagors' liability hcre-
under w upon the debt hereby setured. No sale of the ~emises hereby rrmort9aged snd no fwbearante on the part of the NIORTGAGEE or in sutcessors
~ or assig~ ~nd no extension of the time fa-the p~yment of the debt hareby secured given by tM MORTGAGEE w its wctessws w auigns, shall oExrate
?o relesse, disch+ry~, modify chan^y- w ~ffect th~ orig~nal liability of the AhORTGAGOR here~n, eitF+er io whole or In put.
10. It is spedfically agreed that time is of the eucnce of this contrad +nd tlut no waiver of ~ny obliga~ion herevnde? or of the obliyation sa
a.~ed he~eby shall at ~ny time thereafier be held ro be a waiver of the terms hereof or of the instrument secvred herby.
11. In addition to the forego:ng monthly payments of princ:pDl and interest required by the promissory nole setured hereby, mortgsgor tove~snts
and sgrees to pay to mortgsgee with each monthly payment an add~rionat sum estimated by mortgagee to be equs! to 1/12 of the a~nual cost of the foliow-
ing:
A-All rN~ p+operty taxes levied or assessed against the above described real estate. ~
, B-Aremiums on fire apd windstorm insuranca as hetein requ~red to be tarried on the improvemeats situate on the above described premises. ~
'f C-Premivms on suth mortgage guaranty insurance as mortgagee shsll from time to time deem fif to carry on the loan secured hereby.
Mwtgagee shatl from time to time notify matgagw in writing of ~he amount due and payable hereunder and such sum shall therevpon be d~re and
` payable on the due date of the next monthly payment and each successive mooth thtreafter until mwtgagee shall nofify mortgagor of a chang_ z~h
j amovnt. Such wms shall be applied by mortgsgee toward the psymenf of real property taxes, insurance ptem~ums, and mortgage gvaranty inwrance
p~emiYms.
j IN WITNESS WHEREOF, twe said MORTGAGOR has hereunfo set his hand snd ~eal the day and year fint aforeaaid.
~ ISi~` ~ and iver in the presence of:
n . / ~ ~ (SeaQ
[ - ~q
~ , / /,U ;~,q }
~ ~s.aq .
x
~ ~ sr e oF Ftoaio~ ~ ~
St. Lucie ~ ,
courin oF , -
6~fore me u . ,.~d Frank Walker ~ - `
p.non+ r pp~ • ~ «,d
DOr i S Wa lker t,n W;re, to me ~It kaoMm and kn~~a
i~~,e ro b.
rhe indvidwlt detcrib~d in ~nd who ~xecuted tha foreyoirg instr~m~nt, and ~cknowledyed before me tMt they,
exs~uted t~e- ts~ fb~ tb~'y~rrposes
~F,~+.~ .xa.~d. ~„d rti. Doris walker ~ ~ ' ~o' '
Fzank Walker '
«ir. ot N+r ..id = • ' Jpo~ a~~•a
e,caminat3on br m~ uken sepuat~ and apart irom her iaid husband, ~ckrawledyed w and befw~ mt that tFM exeN ~ trumerA~ie=lY u~d volun~
" t~rily and w~thout ~ryr computsion, constraint, appreMo " iear of o? irom her s~id husband. ~ Q~+ ;
~ WITNESS my hand and officid ~tal thi day of Jul ~ ••'I~.~Q 19 68
~ .
~ N ary Public in ~nd fw the StaM of forid~ ~t lup~ ~
~ My Comrn~uan eapirea: ~
~ R~tu?ri To:
~ Fint fderd Sarinps i loan Assoeiat~oe+ • ~tuY ~:br(, Stil! 0~ F{Ofl~ it Vfq!
OI Fwt P.~,«. if~j? Commis.ior c-~:res Sep~ 23. 1969
~ ~NN/ ti AMtKM rw i~:a~wY~ G~ _
fort Cierce, Fb~~d•
~
~ FILEO AND RECORDED ~
~ ST. LUCIE COUNTY. FIA.
?4' ^nf?~ ~7'C'c_(}
This in;trorr,ent prepared by 1s8~3
= F~; ~t Fe' er'I Sav. & Loan As~.
f fo~t Pi . ~se ~u~ 9 : so ~
- G • ~17~ ~i890 ~ - <<~
_ CL~ K CIRCUIT COURT
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