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3. To plaa and contMuou~M Iu~P on tM buildi+q~ now o~ I+KNftN ~itwf~ on uid I~nd a~+d on all putpm~nt and pKton~tly aw~nd b~? thf~ nwrt~.
ap~. wiM allp~ «nium~ tMe~on p+id in fvll, fin 4awaea in tir usu+l ~anla~d policy forn4 M a wm, approwd by tM MORiGAGEE. ~nd wind~torm
irawana in Nw u~wl ~tandan! policy fa~n. in a sum ~pprov~d b1? rM MORTGAGEE. Y+ wch comP+M+Y a comP+ni~s a fh~ MORTGAGEE m+r
dinert and all fi?~ and winds~am Gauaoa poitel~s ae~ My d aid buildieq~„ any Mtenst tha~ie or put tl+e~wf. k~ tM ~ppreya~~ wm ~fa~ald a
In ~xaa tMnof, tMH contain th~ wwt standard mortp+yM daus~ a such aMr davw as tlw Mat~a~ maY nVuua m~kkp ti+~ lou vndK sad pc1F
cl... .+d~ «,d w.iy. arab~. a..fd MOItTG/?GEE a ia tntt~al m.y ~ppsa.. .nd ..ch .nd .wry tud? potky ,h.~~ b. Promprty .s.:yn.d .od ddiwred to
~ny 1~W by ~aid MORTG/1GEE u furthp kturity to wid mortyap~ d~bt. and. no1 Its+ th~ tM l10) d+ri in +dv+nu of ths ~zpiwtioo of ~+ch po~kY. ~o dF
livK to ~+W MORTGAGEE ~ r~w~l tMnof. rop~thK with ~ nce~p~ tor tM pr«niwn of wck nn~walr ~nd ~Mn sh+ll b~ no fu~ w wir+ditam Mswanc~
plaad on any of s+id buildnp~. u~y intuest tF~sr~1n or p+?t tl~~of, unlas tn tM Mrm and wi~h tM los~ payaWe u afwewid~ and b tir ~v~nt ~M? swn
of naner baoma p+Yabb undK wd~ potiey a polici~s aaid MORTGAGEE sMll haw tM op~an to naiw snd appy tM s~en~ on acaount of tM M+d~bted~
n.ss s.cu~.d h.nby w w pamk uld MORTGAGORS ro noeiw and uw M a•ny parl thereoi fa other pwposes, withovt ~he~•b~ waivinp or imp+i~
inp +~Y ~V~?ib. If~n or righl w~dN or b~? virtw of fhis mort~+pet ~+d in tM ~vMt wid MORTCsAGORS shall Eor aoy n+son f~il w kNp tM s~id pnmi~as w
insw~d, a fati b d~livar promptly any of aaW poliws of k~wnnc~ 1o satd AAORTGAGEE, w bil promptly to p+y fully any pnmiwn thKeia a in a~y
r~sp~tt f~ii b pwfonn, dWChar~. ~xswt~. ~H~tt. oomPbM. tort~Ply wi~h and abiJ~ 61? tlds oownant, o~ ~ny p+rt hK~of. said MORTGAGEE m?Y P~~a and
WY fa wd~ Imwano~ or any put tMrsof without waivirg or ~ff~ctirp +eY oPtip+. ~isn. ~9u~~1?. or ~iyht w+da w by virtw of this Mort9ap~, and tAe
full amaxu of ~ad~ ~nd wKy wd~ p~ynNnt sh+ll b~ imnediatdy dw ad p~yabN and shsll beu loterest hom th~ dat~ theroof unNl paid ~t tM ~+t~ oi
nins pK antum pK arowm ~nd topetMr with such Interest shall b~ aecund by the li~n of thia mortq~yt.
A. To pMmit, aomrnit o~ wff~r no wat~. YnP+1?ment at deNriontion of s~id proptrty or any put therwf.
S. to p~y all a~d sinpular tM coah, dw~pa ~+d ~xp~n~a„ indudi~+p ~ nason~bb altorne~s fe~ +nd costs of ~~tracts of Ntk. incurred w p+id ~t
any tim~ by ssW MORTGA('sEE, b~ca~ ar in th~ ewnt of tM f~ilun on the part of tlN said MORTCsAGOR to duly. ao~ry +nd ~?ib p.~t«m, d~c?~a.~
execvt~, ~ffsct, oomple». aomPh? with and abid~ by ~ad~ ud every the stipulatioro, apreements. condiNoas. ~nd oovsnana of wid promissory rwte and thw
maty+y~ +~Y ot ~ida~. and said cosa. ~ry~s +nd ~xP~nws. eacfi ~~d wery, shail b~ inwnediately dw a~d payables whethe~ w not ther~ b~ notics ds
m~nd, attempt to colktt or wit pendinpj snd tM fuil amount of ~xh and w~rY wd~ payrMnt d?+tl bea. interest fran tM d~t~ th~rcof w~til paW ~t tM
rate of nin~ per oeotum pa ~mwn?s and +11 said oosn, d?~ry~s ~nd expN?s~s kKwred a paid, topether with wch ir?t~raat. shall b~ sscu~ed bp tM li~n of thn
~q~
b. That (a) ~ th! ~wnt ~~ny brexh of this Mortpap~ or d~fwit on t!r psn of the MORTGAGOR, or (b) tn the event u~y of wid wms of ma~ey ~
hercin t~ferred ro bs nW promptly s~d fully paid within rh~ny (30) days nea~ afrer ~M w~+. ~e~ally b«a~+e dw and p~y+bk, wtthout dan~nd o? ewtia,
w(c~ tn tM ~vtm ~ad~ and wery tin stipvlations, a9reemenls. cwwlitions and covaa~a of sa~d promisso~y eote and th~s mortpay~ any w ati~er an nol
*?~Y. P~+Pth and fvly puformad, d'acMrped, ~x~cut~d. ~ffect~d, aompl~t~d. ~ampliad with a~d +bided by, tMn in eatMr or any wch ewet tM wid ap~
gre9ate wm mentanad in said promissory not~ then remainirg vnpaid. with.imerest aarued, and all moneys secured hereby, sMtl baoorrN dw and WI`
able iathwith, w tF~safta~, at th~ option of s~id 1MOR7GAGEE, ~s fvlly and compbteiy as if ali of the ssid sums of ma~ey wer~ wipin~lly stip~lated
to be paid oo such dsy, anythiny in v~i~ pranisswy ~wte o? ia thb Mortp~ye to tM contrsry notwithstanding; and therwpon or thereafier ~t tM option of
•aid JNORTGqGEE, without notios or dwnsnd, wN ~t law or in puiry, ther~foro or thereafier begw~, m~Y be prosecuted u N all moneys setund hereby
had m~tut~d pra? ro i» imtitution.
7. ?hat in th~ went th~t at tt» begimu+p of or at any tim~ perdirg ~ny wit ~po~i this Mo.tyage, o? 1o fweclos~ it, or to roform it, or fo eniora~
paymtM pf d+ims hueurxJe?, said MORTGAGEE shsll apply to the Cowt h~viny pxisdiction thereof for the ~ppointment of a Receivar, such Court sh~ll
forthwith s~wint a reaiwr of saW mortpag~d property dl and sugular, indudu~g all and singul~r the inoome, p?ofits, issves and revern+es fran whatevK
wwcs dKived. each and rnery of which, it bein0 ~xpreulY vnderstood, is hereby mwtgaged a if spec~ficalfy ~t forth and dewibed in the praotinp and
habeiwkwn daus~s hereof. and wd+ Receiver shall haw ~II the brwd and effactiw firnct~au and powen i~ anywise entrusted by ~ CarH to a Receivsr, and
such appointm~nt ~hsll be rt~xL by such Court ~s sn +dmitted eq~rity and ~ m~tter of absolute right ro said MORTGAGEE, snd without rsferdrce to th~
adeqv~cy or insdeq~ary of tM valw of the properry ~nwtya9ed or to the sohrency or inso~v~ncy of s~id MORTGAGOR w the defendann, and that wcl~
rents, profin, incane, iswas and rersnu~s sh~t~ be ~pplied by s~d? Receiver scaording to th~ 1'ien or equity of said MORTGAGEE and the practiu of such
Co~H. ~
8. To d~ly, prompty snd fully paform, discharge, execute, effect, complete, aomply with and ~bide by each and evsry ths stipulaYwrn spr~ts, .
conditions and covenants in said promiuwy note and thit mortgage set forth. ~
9. Th~t ie ths event the ownership of the mortgped premaes, or any part thcreof, becomes vested in • penon otl~ thse the Al10RtGAGOR, th~
MORTGAGEE, its svocessoa +nd assipns, m~Y, withoW notice to tM MORTGAOR, dsal with such wccessw w wccesso? i~ interest with reference ro thb
mw~p~pe aed ths deW hereby secured in the sarn~ manner as with Mortgagor withoW in any way vitiating a disch+rging ti+e Mor~gsgors' IUbility herr
under or vpon ths debt hereby secwed. No s+k of the premises hcreby mortg+ged ~nd no fwbearsnoe on ths psrt of tM MORTGAGEE or ib successon
w ~uigm ~nd no extension of the Yune fw tM paymero of the debt hereby setured yiven by the MORTGAGEf w in wuessors or suipra, al?+II operst~
to rekase d~scharpe, ead'ify chanpe or +ffect the oripinal IiabiGry of ths MORTGAGOR hereio, either in whole w in part.
10. It is specificaly agreed that time is of the es~ence of this cw~trsct and thst no waiva of any obl'gation here~nder o? of ths obliyation se-
cured henby shall st aoy tbne thereaher be held to be • waiver of the terms hereof w of the instrwnent secured herby.
11. In additan fo the iorego:ng monthly payments of princ:pal and interest required by the promissory nore secured hereby, mwtgsgor covenants
and agrees to pay to mortgsgee with each monthly payment an sdditio~al sum estimated by mortgsgee to be eqwl to 1/12 of the annual cost of the fdlow-
ing: •
A-All real property taxes levied w assessed agairot the above described rc+l estate.
B-P~emiums oo fire and windstorm inwrsnoe as herein requ~red ro be urried on tM improvemcnts situate on the above described premises.
C-Premiwm on such mortgsge gusranty inwrance ss mortgsgee shall from time to time deem fit to carry on the loan secured hereby.
~ A{o~tgsgee shall from time ro time notify matgagor i~ writing of the smount due and payable F~ereunder and wch sum sfiall thereupon be due and
payable on the due date of the next monthly psyment and each waessive mwuh thereaher ~ntil mortgs9ee slwll notify mortgagor of a chargs in wd~
amo~nt. Such sums shall be applied by mwtgspee tovrsrd the payrtront of res) property taxes, inwrance prem:w~u, and mortyape guaranty insur~nca
~ premiurta. .
IN WITNESS REOF, the id MOR GAGOR has herevnto set his haod and seal the da and yeu fint ~fo?esaid.
nd of: ; !
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':_'t.~R~'~`,,,~~~~u~~.~r.~~. -
S?ATE CfF FLORIDA ,'Y "
courmoF St. Lucie ~ ss. ;J::`- ~.SjA~~ .
r•~+~M +aw+~ Norman N . B aker • ' • ; ~ ~ ~
BlfOf! fM d` 1=~~e, ~I'
euth L Saker ~~or~eYl Ruth Roth~r~~l ~
y his wHe, to me well knowe ffib: kno~¢.1b liiq hTi b~
the individwls de~vibed in and who ~xeaA~d the for~oirg insnur+rnt, and ~cknowledped bsfon me that tl+ty executed t6e~: (~'.I~~Lq~bwls
~~ey~ t,~~,~, ~ Ruth L. Baker ~ 1 th Rothes 1 ~',~'~ti:
_ • ~ .
wife of 1he said NOIID1ri N. Bd1G2Y .~uPoll;~-s~PK~1i ~?j~
~ examination by rm tske~ separat~ and aput from her said husband, aclmowkdped ro and befw~ me thst sM execvtsd said imtnrAy~nt fs~Ty/ ~n:'
f tarily and withovl ~ny oompulsion, tonstt~4~t, ~PPreFrnsioe, ot of ot from her s~id husbsnd. ,
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~ wrtNess my n.~d ana offi~l ..d thi d,~, - Septe r .~~~..~~~~'~'6$
Not~ k in ind fa the Stat~ of Horida d Larp~ .
R~tum To: FILEO ANQ R E C 4~~ A~ My f"~`~
~t F~d~.~ s.v~p. a t~, Asaoa.~, LUC1~ C VER~ ~
Of fon p~erce. RE C ~yo~ 1~TARY POBnC~ STA~E Oi F~ORIDlI iE UR6e
Fwt Pieroe. FbrWs . 1. ~ MY COMMISStON D(PIRES NOY. 29. 1965
. ~ ~ y3 ` ~OIID[O TNROtiiN iRED w. o~ci*~u~o~sr
+g8 SEP 9 ~ -
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This Instrument P~epared By
Fint Federol Savinga b loan Associ~~ER POIT C UaT~
~ of Fort Pieroe ~~aK CIRCUIT p -
By J. Chastain ~ ~Z~~~
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