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To plaa and coetkwovaly kNp on tM buildinys now or hK~sft~? ~itusN on w~d land and on afl pulpment ~d p~non+lly cov~r+d b1? tl~is nwn~
p~,, wtth ~p pnmiw~A thenon paid in full, fin i~waeu in t1r ~+swl st~rdud poliey fam. + swin approwd by tl+~ MORTGAGEE, aad wie+d~tone
Grw~na in tM uwal ttu~dud poticl? fam. in • wm approv~d by tM MORTGAGEE, i~ wch comP+^Y a~^P+~~ a N+~ MORTGAGEE nur
dirW~ ~ed all fin +~+d windswm~ imw~na pol+c~es on any of said build~nps, ~ny M?tK~st tM.ein or part tMnof, h tM pprpa~ swn ~for~s~W a
M~xuss tMrwf, th+ll aontain ~M wwl st~ndard mortpa~ elwse or sueh w1+K di~.~ a tM MortyapN enay nquin. ~maUeg th~ lost urd~ ~aid po1F
ciN. ad~ and ~wry. WY+bI~ w said MORTGAGEE a its inlerat may appMr. ~ed ~ach and ~ve.y such po~tcy sha11 be p?anpth ass:pmd aed d~Uv~nd rto
~ny Mld by s~id MORTGACsEE as furtha secwity ro sa~d mortp+~ debr, and. not I~ss th~n Mn (1~ d+ys in advano~ of tM ~xpk~tion of ~ach PolicY. a d~
liwr ro uid MORTGAGEE • rNww~l tMnof, top~rM~ with • rouipt for tM paniwn of wch ~enew+l~ ~nd thsr~ sh~ll b~ no fin w windstorm M~suwna
piaad on ~ny of wid buildiegs, any MNer~s1 ti~ein a put tMrwf, unl~ss in th~ fam'and with tM loss payabl~ as afa~widr and in ti+~ ~wnt ~~y wm
of nwn~y bacaea p~Y~bl~ w+Ja wch policy a policiei s+id MORTGAGEE shall h~w tM option to r~oeiw and ~pply th~ wn~ on acoow+t o~ tM iod~bl~d
Mss ~K~d hK~by or lo p~imit saW MORTGAGORS to raceiw and use it ar any put the~eof fa orhe~ purposes, withovt the~eb~ waiviny a impain
bp aeY puitp, li~n or ripht vnd~r or by virtu~ of this ewrtpy~t +nd 1n tM ~vent said MORTG/1GORS th+ll fw a~y nason hil fo ke~p tM s~id pnn?i~s w
inwnd, or f~il b delivK pranptly ~ny of said policies of irounnts fo taid MORTGAGEE, w, tail promptly to p~y fu11Y any pr~mi~m tMrtfw a N ae+~r
?~sMet f~tt b p~rforn~, discha?y~. ~x~cvt~ tfhct, comPl~te, oomplY with ard ~bide by this aownant. or any p~rt hKwf, aid MORTGAGEE may plaa and
Wr fw wch inswanc~ or any part tMreof witho~t w~h&p a ~ff~ctinp u~y optioA, ~i~n, pu7tt/, or rght u~da or by viNw of thif Monp~p~, ~nd tM
fvll anawn of tach ~nd wKY ~ WY~t sh~li b~ imnwdiately dw and pry~bb and shsil b~a? infKes: from tly dat~ thersof until paid ~1 tlw rah ot
Mr» p~r pntwn pN ~nrwm u~d tog~ths? with suth inrtrest sh~ll be wtw~d bp tht Ii~n of thk fnorp~p~.
To pKmit, aa~roit a~ wfhr no wat~. ImP+irment or d~terioration of wid propKty o~ any p~r1 therwf•
S. To pay dl ~nd sirgular th~ROS», charp~s +nd expxnes, inclvdinp s rea:on~bk ~naney's fe~ and cosn of ~bsnscri of titis, incun~d w p~td at
aey tim~ by s+id MORTGAGEE, b~cau~+ or b+ tM ~wnt of th~ failun on the psn of tM ~aid MORTGAGOR to duty, promptly and fvlly perfonn, disch~rQa
~xecvt~ ~ffed. oompl~». oomply with and abtde by ~ad? and every the stipulatiom, apreemenn, conditions u+d oowr?ann of wid promissory not~ and thu
mort~~ uiy a eit1+N. ~nd ssid costs, chuq~s ~nd expares, each u~d ~very, sMll b~ ~n+mediately due and p+yable: whether a not tMr~ b~ notici ds
mand, ~ttempt to aolbct or wH pt~dinps +nd tM f~ll arrwvnt of ~ach ud every sud~ p+r~t shall bea. intere:t from tM d~t~ thereof until p~id ~t the
rate of nine pa oentum pN aruwm; and all s~id cbsn, chupes and ~xpM+ses innxred or p+~d. topetMr with wci~ imtr~st, sh+ll bt a~aued by tfi~ Iwn of tlw
0. TMt ja) i~ tl+e ewnt of ~ny breach of this Mortpsp~ or defwh on Nr part of tht MORiGAGOR, a(b) in rM ~ve~t ~ny of taid swet of n+one~
he~ein nf~ad ro b~ not promptly snd fully paid wirhin thirty (30) days next aher tl+~ same ieverally become dus snd payable, without demand or notiu.
or (v in tM ~wnt ~ad~ ud ~wry the stipulNiaq, agreements. coed'tions ~~d covan+nta of aid promisswy nae and th~s mortpape any a either an no1 •
fiily, promptly a+d fully pafam~d, d:xhsrged. ex~cuted. ~ffected, compkted, complied with ~nd abided by, than in either w any :~ch ~vMt tM said ag
prsp~f~ swn m~ntia~ad ln ssid promissory not~ then rem~i~inp vnpaid, wiM im~resf aarued, and ~II moneys secured her~by. sh~ll b~cnl~ dve and pay~
~bl~ fO1fMNItFy Of tlNfNffN, at tM option of s+id MORTGAGEE, as fvlly and compl~Tey as if all of the said wms of mo~~y were wipin~lty qipulated
to b~ paid on tuch d~y. anythin~ in ss7d-promiuory note or in this Mortgaye to the contrary notwithst~ndinp; ~nd thereupon w ther~aher at the optia? of
•aid MORTGAGEE. without notice or dem+~d, suit at law a in puity~ tI1lfl~Of! 01 fF1QfNItN beyun, may be prosecuted q if ~II ma~eys securad h~eby
had ~INtur~d priOf to iq i1?stitvt~ofl.
7. TMt in tM event that at th~ beginning of a at ~ny time pend'ug aoy suit upon this Matgsge, a to fwedose it, o? ro rofam it, a to enfora
payment of any cbims hereunde?, said lNORTGAGEE shall spply to the Coun haviny jwisdrction thereof for the appantment of ~ Receive~. wch Coun shall
fortliwith appoint s reccive? of said mortysged property sll ~~d singular, includ~rp all snd aingvlar ~he income, profits, iswes u~d revenues from what~va
wurc~ darived, tath and evtry of whitM, it beinp expressly vnderitood, is hereby mortgaged as if spetifiully s~st forth ~nd dewibed in tM qraMinp and
}ubendwn da~ises Mreof, and wch Receiver shsll Mve ~II the broad rnd effective fvnttio~s ~nd pawera in anywise entrusted by • Ca:rf ro ~ Receiver, and
•uch appointm~nt shall be msde by svcli Court as an admitted equity and a matter of absolwe r'ght to said MORTGAGEE, and without reference to the
sdpvscy or inadeqwcy of the vslw of the properry mortgaged or to the wtvency w insolvency of said MORTGAGOR a the defendants, snd th~t such
renn, profits, incane, issues ~ad rwen~es shall be ~pplied by :uch Receivet accord~np ro the I'ien or aqviry of said MORiGAGEE ar~d the practice of wch
Caxt. . -
8. To duty, promptly and fully perfwm, d'ischar~, execute, effect, eompkte, comply with ~nd abide by each u~d every the stipulations, apreem~nb,
conditans and coven+nts ~n wid promisswy not~ and tha mo?t9ape set fwth.
9. Thst in the eva~t the ownenhip of the mor~ysped premises, or any part thereof, becomcs vested in • person other tMn the MORTGAGOR, ths
MORTGAGEE, its successors snd assipns, msy, without notice to tM MORTGAOR, deal with such svccessor or successor in interest with reference b this
mwtpap~ and ths debt hereEy secvred in fl~e ssme m+nner as with Mwtgagp withoW in s~y way vitiatiny w discharping the Atortg~gws' li~bility h~n-
under or ypon the debt hereby sea,red. No ale of the premixs hereby rtwrtgaged and no forbearance on the pan of the MARTGAGEE w ih iuccesson
w auig~n snd ra extension of ~he tima for the p+ymem of the debt hsreby secured g'rven by tF~e MORTGAGEE w its successors or sssigin, ~hall op~rate
ro r~lsase, dischsrpe, modify change or affect the wiginal liabiliry of the MORTGAGOR herein, either in wFale or io put.
10. M is ipccifically agreed that time is of the essence of this contract and tMt no ws'wer of ~ny obligaYron herew~der or of the oblgation se-
n;red Mr~by shall at any time thereafter be held to be ~ w~iver of the terms hcreof a of the instrument secured herby.
I1: In add~tion to the fotego:ng nanlhly psYmenfs of princ:pll and iMerest required by tlx promiuwy note setured hereby, mortg~gor covenanri
and aprees to pay ro mwtgagee with each monthly payment ~n add~rional sum estimated by mortgsgee to be equal to 1/12 of the annwl cost of the follow-
ing:
A-All real property taxes kvied w assessed against the above described resl esuta
6-Premiums on fire and windstwm insurance as herein requ~red to be carried a? the improvemenh tituate on the above descr~ed preni~ses.
C-Premivms on such mwtgage gw~snfy insurar+ce as mwtgsgee shall from time to time deem fit to carry on the losn secured hereby.
; A1lortgagee shall from time to ti~ne notify mo~tgagw in writing of the amount due and payabk hereunder and such sum shall thereupon be due and
I payeble on the due date of the nezt monthly paymeM and each successive month ~hereafter until morigagea shall notify rnartgagor of a charge in wch
k amount. Such sums shall be applicd by mortgsyee toward the psyment of real property taxes, inwrance prem~ums, and mortgsge guaranty insurance
~ pre~niums.
~ N WITNf WHE , the said ~AGOR hss hereunto set ha hand and seal the day and year first aforesaid.
[ C deliwred in f:
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~ R--n
I K--n
n--n
STATE OF fLOR10A ~ ,
S+a, nt ,t~ci e
COUNTY Of i T
l~f,n n» p~„p„~~y,pp~,rsd MBCk L^tt. e widower p~-
Mrwife,-ro me vrell known sr,d known to m~ to b~
tM individwl? desvibed in a~d who ~xecuted the fueparg instrumN+t, ~nd ~dcnowledDed before me that tMy executed tin ssrt» for tM q+rpwes
thsnin acpr~swd And-tlN-~~+d
wii~ ~F~fl»~swd ~~rw~.N~ ~~iwM
- r+~wiwMiM.by Nlw~ ~wN..w~d.a'art-~»w i~i:aaid-Iw~?r~? -Nkwowl~d~~J-~? ~ni Miwrew~-tlw~ ~«uarqd-swi ieMr~wn~M i~whr-~wd-whre?
.iaiil~r+~d-w:tiorl~qi-co~Prtww,-sarwiwt.a~p*rh~~s" -f~r~f~.inwr~.s~iilw~bani. .
•
WITNESS my h~rd u?d offiwl sad this ~ d~y of _ A. D. 19~_•
~ FiLED aN0 RECORDE
~ Not~ry Public W+d ior the Statt of Fbrid~ N larpe
ST. LUCIE COUt~iTY, FLA- M,, c,~+;,,;o~ /i„Z ~~i,
RNwn Ta. i.: ^(1p'1 t, - . . ` i. ' ;
fint F~d~td Savirgs i loa~ Assotiat~on , _~~,~•~a „ r'~ .
o+ Fa, PK.«. 1F~9~6 rOTA~Y ttlEU~. :'tATE ~f R
Fwt v~erce Fto.~d. . MY COMMISSION C~(PIRES N`~ 0971~
' ~ s ~ ' ~ . y $ _ ~o+~ow rNwwaN ~ w: p w. ~l, , ~ _
68 l~lt~_ " zz
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This instrument prepared br CIERK CIRCUIT COURT '
First Federal Sav. a loan Assn. .
F~ ~ . •
By
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