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To plau aod conriM,ovsly k..p a+ ~h. b~,ildi~,ps now w Mr••N~. ~nr+a on :aid land and on •II .q~ipm.n~ and p.rwnaliy oow?~d bf? M4 morq~ ~
~p~,, with all pemiuei~_tl+K~on p+1d in fulb fire insv~~nct in the uwal srardwd poticy fonn, ~n ~ sun~ approwd btl tl~ MORTGAGEE. M+d wind~tain
irpwanp in tM vswl atandard pol~ey fam, h• wm ~pprov~d by tM MORTGAGEE, in wch eaeP+~Y a oo^iP+^ia q tM MORTQA(iEE en~?
dinctt ~nd dl fir~ ~nd wind~arm kawu~a policiea on ~ny of s+id build~np~„ ~y intsrat tMrtM a pa.t tFwwf, in th~ ~pprpa~a awn ~faNaid or
1n ucaa tMnef, ahall oootain tM uswL ttl~d+?d mor~pay~ claus~ a wd~ othu dwa a tk~ Morty+p~+ m+Y ~p~v+. m+kinp Mr Iw~ w~d~~ s~id pol}
ciM. ~ad~ and ~vKy. WYabt~ w s~W MORTGAGEE a ib intK~st may sppNr. ~nd each ~nd wery uxh po~icl? sh~{I bt p?anPty ats:qned and d~liv~d w
.ny MW by sa~d n~OrtiGAGEE funh.. s.cwiry ro ssld mon~~p. deb~, ~nd. not kss tl?M? »n (101 days in ~dvana ot th~ ~xpiration of Nch po~kl?. b dr
I;vw to ~+id ARO~TGAGEE a ra~ewa! tl?erwf. top~tlwr wi~h • rtt~ipt ior tM pnmiwn o~ wth r~wd~ a~d tMh sh~ll b~ no fir~ or wi~xbtam Mawano~
pl+pd on any of qid bvildinp~~ ~nY Mtertit tlx~~in or pvt;rMnof, vntess in ~M tonn'and wi~h tFN loss p+Yabl~ .s ~fons+W~ ~nd in the ~va~t sntr wm
af mor»y beco~s paYable ur~~ wd~ polkl? ar polici~s s+id N~ORTGAGEE ~Iwll haw tM option to nceiw and a~pty tM ~ on ~ooou~~ 01 tM lnd~bqd~
nqs s~cw~d Mt~by or b p~imit ~id MORTGAGORS ro reteiw and ua~ it a any pa.t therwf }w other purposes, without ~hKlb~ waivin~ a~mp+k-
inp anY p~ity. li~n or ripht under w by vktw of th~s mort~apet +~d in tM ~wnt said MORTCsAGORS sMll tw +ny ?eason fail to keep th~ s~id prnnaM ~o
Iraund, or fail w d~live? P~a^MN any of s+id policies of insursnc~ to s~id MORTGAGEE. or. fsil pra^P~h ~ P+Y fi+~h +^Y P~~^"~w^ thK~for ar In airyr
nap~ct fail b pNfocn?, dixh+r9s. ~xecut~ ~N~ct. comPlete. complY with ~nd ~bid~ by tNs coven+nt. or any pan hMwf, s~id MORTGAGEE en~y pl~a ~n0
p~Y {a wd~ ie~up~nq or s~y paf thenof without waNinp or aff~ciinp ~ehr opli0n. ~ien. p~ity. a rpht wdK a by vG1w of thi~ MorppR. Md N~t
f~ll ~nount of sach u~d wKY such MYment ~i~all b~ imn~diaMly dw ~nd p~yabb ~nd sA~ll besr intK~st from th~ dat~ thK~oF w~til piid M th~ r~N ot
n~ pN antwn psr anewm and together with wtA i~terpt shall bs saeu~sd by ths li~e~oi this mat9+p~.
1. To pamit. oommit a wffa no wut~. ilnWuntfnt Ot dOtNiOt~tiOf1 Of Nid pfOpKty Of M~y at1 fIMI~Of.
S. To p+y sll snd aLpular ths.co~ts, d+u~s aod txp~nses, inctudinp a ns:o~++ble ~ttornaY'a fee and oosn of ~bsn.as of u~b, incwnd w p~W at
~ny tGeN bp s~id MORTGAGEE, bas~s~ w in the ~v~++t of tl+e f~ilwe oo tM p+rt of tM ssid MORTGAGOR ro duly, promptly s~+d h+~h Pafonn, diuhar~
~xecvte. ~ffeq. oompl~t~. aompiy with er?d ~bide by ~ach and ev~ry tM stipulations, ayreerr~ams, eondit~ons, ~ed cowrwnn of s+id pranissorr noN and tlw
mortya~ am? or ~itlw~. snd uid cos~s. ch+rqes and ~:peMes, esch and svery. ~thail be Nnmediately dw u~d paY+ble: whetl+K a not tMr~ b~ ~otio~ d~
mand, ~tt~mpt to oollect or wit pendinys +nd ?M fi+tl smo~M of exh and s~wry wch p~ym~nt sAill bsa. interesl from ~M dat~ th~nof until p~id ~t ~h~
rale of ewr pN c~otum p~r amwm: aod all aaid cdsts, char9es and ezper?ses inourrad or p~id, topethK witli wch intu~st, siwQ b~ Ncw~d !nr tlw lisn ot the
0, Th~t in ths ewM of aey breach of this Mortgap~ w defavlt on the part of the MORTGAGOR, o? (b) in tM w«?t any of s+id sun+s of mo~y
Iwnin nhrnd ro be not promptly and fvlly p~id within thirty (30) days ~ext after the same sever+lly becon+e dw ~nd paysbl~. without d~rr~d a notkq .
w W b tM ~vent each and ~wry the stipu4tiaw +9reements, cond~r'ans .nd covensnn of sa~d promiswry oote and this matp+pe +~M a~itha an no1
iul~r, promptly and fvlN perform~d, discharged, suecuted, sffecfed, compl~ted, complisd wifh and sbided by, then in eithtr or ~ny such wN+t th~ s+ld
prg,~t~ wm meMia~d in pid promissory nob then ~emai~inp unpaid, with interest scaue~d, and all moneys sscvred her~by. ah~ll becom~ dw and pay-
abl~ torthwith, a theroahe?. st th~ option of said MORTGAGEE, u fvlly and completely a~ ii ~II of the said wms of morNy wen o~ipin~Uy ~tipul~~ed
to b~ pa;d p, wcF, dsy. snything in said promiuory ~+ote or in this Mortgage ro the tontrary notivi~hstanding; and therevpon ot tl+ersaher a~ th~ option of
wid MORTGAGEE, withoW not~ or demand, svit ~t law ot in equity, tF~eretwe or thersafter beyun, miy be prosat~ted u if ~II moneps aait~d harsby
had m~tuttd ptior to its imtifution.
7, Th~t in tM evaH thst at the beginning of o~ at any time pending aoy wit vpon this Mortgage, or to foreclos~ it, w to refwm it, o? fo u+faa
paym~nt of any clsims hereundet, said MORTGAGEE shall apply to the Co~r~ hsving jur~:d7ction thereof fw the appantment of ~ Receiver, such Court shsll
fortiiwlth ~ppoint s reoeiver of said mort9+ged {~operfy all and singola, i~xludmg all sr+d singvlar the intome, profits, issues and reveoues from what~v~r
wuro~ daived. each sr?d tvery of w1iKh, it being expreuly understood. is hereby morrgaged as if specifically set fo~th sod desuibed in the p?antirg and
habMdum clsuses hereof, u?d iuch Receive? shall Mve sll the brwd and effective funcuons and powers in ~nywise entrvsted by ~ Court to • ReceivK, and
~uch appointw~ent sh+ll be mad~ by wch Cowt u ~n admitted eqviry u+d a matter of absol~te ri9ht to said MORTGAGEE, snd without reference ro tM
•d~quacy w in+deqvscy of the valve oi the prbperty mwfg~ged u to the swvency w insolvency of s~id MORTGAGOR or the defendams, and that ltK~~.
re~ts, profits, income, iuues and rcvenues shall be ~pplied by s~ch Receiver accordinp to the lien w equity of said MORTGAGEE and the pnct'KS-of wch
Caxt.
d. To duly, promptly and fuly perfam, diul»rge, execute, effect. complete. comply with ~nd abide by each arx! every the stipulation~„ ~greemenb,
mnd'Kiom ~nd coveoants in ssid promissory note and this mortgsge set fwth.
9. That in th~ ~vent the ownenhip of the mortgayed premises, w sny part thereof, becomes vested in s person othe? than the MORTGAGOR, ths
MORTGAGEE, its suctessors and ~uig~s. m+y, withovt notite to the MORTGAOR, deat with su~h succeuor or suaessw in interest with reference to this
mortpp~ u~d the deW hereby secured in the ssme mam+er as with AM1ortgaga without in any war vitiatinp or distharging the A'ortgagors' li~biliry h~re-
u~de? a upon the debt hereby secured. No sale of the premises hereby mortgaged snd no forbeara~ce on the psn of the lNORTGAGEE or in successors
w wigra ~+d no extension of the time for the p~ymem of ~he debt hereby secured given by the AhORTGAGEE or its successon or assi9ns, shall operat~
ro rtleas. d~sdurp~, modify change w affect the original liab~firy of the MORTGAGOR herein, either in whok a in p~rt.
10. It h specifically agreed that time is of the essence of tfiis contrad and that no wsiver of any oblig~tion herev~der w of the obligation se-
cwed hereby sMll at any time thereaher be held to be ~ waiver of the terms hereof or of the instrument secured herby.
11. In add~Yron to the fwego:ng mo~thly payments of print:pDl and interest required by the promissory nole secvred hereby, mortgsgor covenants
snd +grees to pay to mortgsgee with each monthly payment an additionsl sum estimated by mortgsgee to be equal to 1/12 of the annual cost of the follow-
irg:
~I A-All real property taxes kvied or assessed a9ainst the above described real estate.
8-Premiums on fire and windstorm insurance as herein requ~red to be'urried on the improvements situate on the above desvibed premises.
C-Premiums on such mortgage gwrsnty insurar~ce as mortgagee shsll from time to time deem tit to urry on the ban seevred hereby.
Mortgsgee shall from time to time notify mortgagor in writirg of the amouM due and payable herevnder and such wm shall thereupon be ~ue and
pay~bls on the due date of the next monthly payment and each successive month thcresfter urtit mwtgagee shall notify mortgagor of a change in wch
•rnount, Such fums shall be applied by mortgagee ~oward the p+ymcnt of real property taxes, inwnnce prem:~ms, and matgaye guaranty insurance !
Premiums. ~
IN WITNESS 1~IMEREOF, the ssid MO AGpR !us here~ntp set his hand snd seal the day ye~r fint aforesaid.
' Sipird, delivk~tl in the
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n--n
STATE OF FIORIDA
St. Lucie ~ ~ t
courm of
~„o,,,i~y,~„~ Henry N. 4?~ashington
Gladys C. Washington h;: w~r~, to me well knawn ~nd known to rn~ to b~
tht irdiridwb d~wibed in and w!w ~xecuted the foreparg instrument, and sdcnowledged before me that they eaecuted tM sam~ for the p~rpotes
~ t~ M;~ Gladys C. Washington i
~f! w~ Henry N. Washington ~~Y~» t
~xwnination by me taktn separaN and apart from her s+id husband, ackrawledped to ~nd befw~ rM tMt she executed ssid irotrum~nt fra~lr ~nd volwa
tuily and w~thaA aepr compuls7on, corarraint, ~p~~h~ry~~ f~u of or from he~ said M?sba~d. '
~ WITNESS my hand ~nd officia! ~eal this ~Q day of u u5t A. D. 19~L~
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Notaryr PubIK i~ ~nd fo? tM S1at~ of Florida at t~rp~ i
FIl.E~ AND t~ECORQEDy c~?~~ ZG - 7/
R.r„?~ To~ S7. LllCIE C(ZU!:7v, FL~ .
Fint F~r~l Savirqs ~ loan Associat~on ~ . . - , • NOiAR~ ?y~11 ~
01 Fon P~erce. •~~9~~2 M1? tp~~~ c. iTA1E Of FLUfN1A Ai ~
fO11 PiHtl. F~Ol~~ 'VV 9 ~ ~ • I ~ ~~MO~p ~?~Ry ~ ~PoE~Hpa.TS6N~'fii
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This instrument prepared Dr - u; F• . ~ . ~ . ' . ` ~ ~
F?rst feder~l Sav. ~ loin Assn. ~~-~RK C~RCUIT COURT . , - ' ` , .
of fott Pieree w" ti 4~--. =
~ J. D. Chastain • ' o '
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