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S. To plaa ~nd oonti~wu~lY kMP on ~M bvildinp~ now a haaftw ~ttwa on uW laed aad on ~II eqvipn~nt ad pKaon+~h oo~wnd h? tN~ maq'
ap~, wi~h ~U pr«niw~A tl~u~a+ p~~d in ivl4 fin inwnna in th~ v~wl f~andard Potih! fwnb ~ a wn~ ~pprowd hr tM MORTGJIGEE. ~nd wi~la~m
Gawanu h tM ~nwl uand+.d polky forn~ h• wm approwd b~? tM MORTGAGEE. in wch camP~^Y p~^P+^~ as tM MOR?GA~iEE m~y
dindj ~nd all fk~ and wted~a~m irowana polkia on +e1? of ~aid bulldinp~„ any Inhn~t th~nin a pwt tM~wf~ in 1M pp~pat~ w~n aforssNd a
tn .xax ~M..sf. ~MII aontain tM uw+l atandard ~W~ dww a wd+ aMr dws. a N+. Monpap~. ~n+Y ~i~ n~.kinp ~h. bss w+dK uW pol}
dM. ~acb and ~wry. wvbl. a wW MORtGI?GEE a in tm.nu n+ay ~pp~a.. and tach ~nd ~vNY sutA Policy sh~ll M prompty asi.qnsd and deuw~~d to
~ny MW b~l wfd NWRTGJ?GEE w furtiwr ~axhll w s~id maipap~ d~W. and. nw bss tl+~n hn (iG~ d+ln in s~lvanc~ of tM ~xptNtion of ~+d~ po1k1?. to d~
liw~ M wid MORTGAGEE a r~w~l tMrwi. tap~dwr with ~ naip~ fa tM pneniwn of wch ?~ewwd~ +nd ~Mn sh+ll b~ no Pw a windstoin? kaurana
ptaad on ~ny of ~aW butlfiu~. an~r intaut 1Mr~in a part Mawf, vnla~ M ti+r iwm'and wi~h tM loss paY~bN a afwes~id~ uid in tM ~wnt ~oy ~wn
of n~y beoo~nM p~rabb urdK wd~ polky a polici~s sald 1NORTGAGEE aMll h~v~ tM option w naiw ~nd applp tM s~ on ~caount o1 tl» iad~bbd~
nas ~cw~d hK~by a b ~»imit NW MORTG/1GORS 1o r~aiw and ua N a ~~yr part therwf fa other pwposa, wi~hout thereb~ waivinp o? impair
~,,,r .q„sry. li~n a ripht w~~ a b~? virh~ d tNs mat~apy ~nd in tM ~wnt wid MOitTGAGORS ~MII fa am ~sason fsil to kNp tM wid pnn?i~a w
~nwn~ a f~Il b dd'na PranWb ~ny of wid politie~ of inwnna b s~W MORTGAGEE. ar fail p~omptly 1o paY fi+~h? +~Y P~«niuen tM~~fa w In ~
nsp~ fNl to p~rfonn, ~~KVt~, ~ff~d. compMM. aomp~Y wNh and abid~ by this covenant, a any put I~~of. s+W MORIGAGEE m~y plaa and
Wr for wth MMUranot ot ~ny p~A tMreof without walvinp a~fhdinp +n~? aWioti ~I~n. ~qv~b. or ripht wdN a by vlrtw of thls Marp+pa ~nd ~M
fvll ~.raN+t of ~ad~ and w~Y ~ WY~ ~1 b~ ~nnw~+ay? dw snd WY~ and sh~tl b~x iea~rat 6an tM dab tMhof untU p~id M th~ wN ol
111M pN p/1?W11 pM ~MIMt1 a11d 10~NFNf W~f~f WL~1 {111NM1 1~I bf l~CYfN~ ~ 1~N ~~M Of (~ro~•
To pKmit. oonwiQt w wff~t oo was». LnP+imw~t a dttKiw~tion of s~id propKty at any part tMtwf.
S. To p~y all ~nd siegular th~.oos». c,h+?p~s ~nd ~xPw~ws, i~dinp a n+wn+bl~ attorn~y's fN snd cosn of ~bstacts of titl~, kxwred a p+id ~f
~ny tim~ by s~id MORTGJIGEE. b~cwN or in tM ewnt of thi failun on th~ pwt of t!M uW MORTCsAGOR to duly. P?on+Mb ~M P~~ d~ach~~
~x~cw~. ~ff~d. oomi+IsM aomP~1? with and abi~M by ~ad~ and ~very tFr stipulations. +~re~me^ts. oondflian. a+d aownints of s~id p~omiswry noq and this
morty+p~ +nY a~i~lw~. +~+d s+id ooari, d~+?pe+ +^d ~xPsrwt~. tad~ ~+d w~ry, shall be i~+w+~ediatdy dw snd p~y~bNt wMthK a not tl~~ b~ notici d~
muid, ~thmpt ro odMd o~ wM p~td'u~p: and tM ful) arnowM of Mcl+ a~d ev~ry such paYm~^t sh+ll btar intKtsf fran fl+~ datt th~reof w?til p~id ~t th~
rate of nim p~r oMtvm pa arrr+nv +~d all said c3sts, cM.9sa ud ~xp~s innxnd or p+id. topNMr with auch inta~at, shrll b~ wcw~d by tM li~n of tha
morapw
e. Th~t t~ in the wa~t of aryr bn+ch of this 1Nort~ap~ a defwh on the part of tM MORTGAGOR, a(b) in tM went any of said twnt of momy
henin nfur~d w b~ not promptry ~e?d fvlly p~td withM thiNy CJO) days next aher tl+~ ume s~verallY bacan~ dw ~nd p~rsble, wHhout dem+nd or not~.
~,s (v ln ~M ~wnf esch and way tM st~utations. +prwmenn. oa+ditians and cov~nb of wid promhsory not~ ~nd this ~+p~ ~ny a eithu are no1
iuN. W~b and fully pKfomwd, dixhupad, ~xecutsd. ~ffected. compl~ted, caRPli~d with and ~bided by, tlx~ in ~itM? or ar~y such ~wnt tM ~aid ~
prq~N swn ma~tioewd in s+id proinissory/ not~ tf~e+~ nmaink~p w+Wid. with inte?~st ~c«wd. snd all ma+eys s~cw~d har~by, tMll Mcome dw uid p+Y~
abl~ fonhwiM. a tMr~aha. at ~he option of said MORTGAGEE. +s ivly and completehr +s if sll of the ssid wms of morKy wen aqin~ly stiputated
ro b~ p~id on wch dsy. aorthinp in s+~d promissory noh or in tAis Mapa9e ro th~ contrary notwitMundinp: u~d tharwpoo w the.eaf»r ~t tM op~an of
•aid MORTGAGEE, without notio~ w den+++id, suit at lawr or in puiry, tlw.~fon or tlwsafter bs9un. m+y b~ Pro~ec~+~ed +s if all rtio~eys sswnd Mreby -
Md mstuted prior W its irotitution.
7. TMf III NM WMI flHf at tM beginnirg of o? ~t any tirn~ P~~~+O +oY s~N upon tha Matyay~. or ro foreclok lt, or to nfwm H, w to ~nfwa
paymtnt of any cla'ans hereund~, ~?a MORTGAGEE sh~ll apply to tM Couh havinp jwisdiction therwf fw the appcrntm~nt of ~ Reaiver. such Cowt sh+ll
fortliwith appoint a receivsr of s~id mort~aged propertY sll and iirgular, includ~np all and sir?pvlsr tM income. profits bsws and revsnues fran wh~t~v~r
sowa d~iwd. ~ad~ and every of which. it b~irg ~xpressly undentood. is hereby mor~~aged ~s if specifically set fo.th ~nd d~wibed in tl+~ ~rantirp and
haba+d«n dausa hKeof, and ~uch Rec~iver ~hsll have ~II tM bro~d ~nd effecti:t ivnctian and powers in ~nywEs+ eMrus»d by ~ Court M a Receiwr. and
~u~h appointmsnt sh~11 be made by wch Court a an sdmitted eqvity ~od a matta of absolute ripht w s~id 1NORTGACsEE, and without referente ro tM
adeqvacy o~ inad~qu+cy of tl+~ valu~ of the prbperty mwty+9ed w to the wnnncy w in:olvencY of said MORTGAGOR w the dsfendants w+d that w~h
reny~ profiy, incpn~. ~sues and rwMUes sM11 be appl;ed by such Reuiver accordi~p to the lien a puity of said MORTGAGEE ~nd tFit practio~ of wch
Court.
S. To duly, pranptly and fully p~rEorn4 dischsros, execute, ~ffect, oompkte. comply with ae+d ~bide by sacfi and ~vay the stipulatioet, aprsem~nb. ;
cad'aio~ and oovtn~nn in said promissory noq and fhis matys~e set fwth. '
9. That h th~ wenf tiw oMrn~rship of the aw~tp~Qed premises, w any part tl~eof, becomes vested in a perion otl+er thsn the MORTGAGOR, tM
MORTGAGEE, Iri aicuston +nd sssig~s, m+Y. witho~rt ooY~ce to the MOitTGAOR, deal with ~uch uxceuw w successor in interest with reference to tha
mon~a~t ~nd th~ d~W hereby secured in the ssrne m+nne~ as with lAatgagw without in ae?y wsy vitiatinp or discha?ging the Mottya9ors' liabiliry h~r~-
under w upon the debt Mr~by seared. No nle of the premises hereby mwlya~ed u+d no fabear~nce on the p~rt of rM MORTGAGEE w its suaesson
or asigns and no extension of the time for the p~yment of the debt hareby secured yiven by tFw MORTGAGEE or its wco~uors or auip% shall operat~
ro rdsas~, d'ad»r~, modifp dwg~ or affecf the oripinsl lisbility of tlw MORTGAGOR ht?~, ~itM? in whole o~ ln put.
10. h is spec~ficslly ~pned tiwt tirn~ is of ths essence of this coMract sed that no w~iwr of ~ny oblg~tion hereunder a of the obliyation st
a.rsd haeby sMll at arryr time thereaftu b~ heW to be ~ w~iver of tFw ternn hereof w of the i~ntrwneen sec~red h~rby.
add~tan ro the forego:ng mo~thly p~yrnents of princ:p~l ~nd interest required by the promissory note secured herebY. ^+o?t9+9a ~
and ~gra~s ro p matysgee with escl+ ma+thly payment ~n sdditional wm estimsted by mwty+gee to be equal to 1/)2 of the a~x?ual cost o bw-
ing:
A-All reat property tszes kvied w a above described rcal estate.
6-Premivms on fire and windstorm inwrann u herein requ: on the i sitwt~ on the ~bove described premises.
C-Prcmiuns on ulch mort9sQe ywranty insurance u mortyagae shs to ' to isrry on tbe bao secvred hcreby.
I Mort~spee shall from time to Y~me notify ntinp of ths amouro due and psyabk hereunder a w thereupon be due and
i pay~ble on tM due date of the ne p~yment and ~ach wccessiw mwrith there~ffer -until mortyspee sh~ll rotify mortg~gor o in wch
E arnow+t. Such ~ed by mortgapce toward the p+yment of resl property taxes, inwnnce prem:ums, and mortg+ye gvsranty insur
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~ WITNESS WHEREOF, the s~id MORTGAGOR hss hereunto sN his h~nd u~d seal the day ~nd ye~r ~nt sioras~id.
elel' in pr~ of: / ~
~ /~(~J~ le"q
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STATE OF FLORIDA ~
St. L.ucie
couHnr oF .
p.,,o,,,~y ,~.,~.d Lauris Haailton ,~,d
F.anes I.. Haailton fiis wlfe, ~ m. ~u k~+ .~d k~o~+ a m. +o b.
tM 6d'ividwb d~sc,ribd ln u~d who ~~ucvt~d the forparg &~strw~wnt, and acknowledped b~fore m~ tt~at tMy execvted tF» s~me tw th~ purpae:
~ ~ Agnea L. Hanilton
wir. o~ d+. ..w Lauris Hamilton .~p,..b .oa priv.r.
•xMnirwtio~ by nw taken Np+raN ~ed ~psrt from her said Iw~b+nd, aduwrvl~d~d to M+d befon m~ tFwt sM ~x~n?t~d said instrwnent frssly and volwr
t~rily wd witho~l Mpr coinpulsion, comnaint, appteh~nsa~ ftar of a fmm ha said FNaband. ,
~ WRNESS mY iwd and official sesl tl~is d~y of .~111 A. D. 19 68
~ Nlotae~ it b~nd fo~tM S~~q of fbrida ~t l~r~
~ My 'iN011 ~ip~~_..JFt<'. lii r~/
~ RMurd Ta •
fim hdanl Savinp~ i loan Aswciaran .~r yctary P1~1[, stib! 0~
Of fat P~erce. 1~~ti~~'~F.i;~~ AO~tdi it
fo.r aie.c., F~orid. ;~`'t,1~~`~ ~9~''~., ~ ~~~l+~
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This iastrument prep~red by =
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Frst Federal S~v. b losn Assn. r- • = i
of Fort Pierca - s; o, s~.:; ;~o : ~68 '~1.'~. I 9 P~! 12 : I I
gy .J r~~ _ i/. ~ ~ ~o~ 'I'~.Q ~ =~~;4 ~~~d~~~
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