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3. To pbo~ and aonHeuo~nly kNp on th~ bulM'wipa now a M?wftK ~itwt~ a+ said land ~nd on ~11 quipm~nt and pMOnally cov~nd by thh nar~
ap~, wi~h all pnmi~na th~r~on patd (n fvll, fin inswanc~ in the uswi atanda.d policy fon~, h a wm ipp~owd by tir MORTGAGEE. ~nd wi~tona
irawaoa h tM uswl standaed policy fonn. tn ~ swn ~pp~owd by tht IIAORTGJIGE~ M~ wch oo~npany or oompania a tM MORTGAGEE n~+y
direc~~ ~nd ~N fir~ and winday~rm ieaw~a polid~s on any of s~id buiWi~, ~ny inN~at rhu~in w pwt tM~wf. M tM ap~ep~N win afaaaW a
Ie ~zoea eM~wf, sMtl oonuin th~ wual st~ndard nwrt9a~ elww a weh al~ dwM a tM Mar9apN m+Y ~puWy. m~klnp tFr bu undM s~id pol~
cJ~. ~ach and wKy. ptyabM a srid NWRTGAGEE ~ in iot~rtu may app~ar, ar?d eich, «ed twry tuch Vo1?q? s1w11 1~ p~anpth ~u:qotd ~nd cMlhrK~d to
•ny Mld by :~id MO"1GAGEE a fwthx s~cvrity ro aid mat~~pe debt, ~nd, no1 las tlrn t~n p0) d+yt in «lv~oa of th~ ~plr~tion of ~ad~ potiry, ro dr
IivN to uid MpItiGAGEE a~~es~wat tMnwf. top~~h~r with a naipt iw th~ pr~miuen of wd~ r~walJ u~d thK~ sh~ll b~ no fat a windttam insw~na
plaad on any of wM builda~ps, any im~.at th~na? a put tMrwf. ~nfas io tM fonn and with flr Ioss payabl~ as ~fonsaidt +~d in tht ~wM ~ny swn
of n+orNy b~wena p+yable uerlK wch polky a< <,olid~s said MORTGAGEE sh~il Mw H+~ option w naiw and appty tM ssme oo +cco~nt of tl+t 1~bted~
npt qcw~d lwr~bp p b permN s~fd MORiGJ1GORS fo npiw and vM if or any p~rt tF?Keof fw othet pu~poses, wiihovt thenb/ waivinp or anp~in
~~Y ~b. li~n or ripht unt~r or by eirtw of Mk tnott~+~~j ~nd in tM ~wnt uid MORTGAGORS sMll fot ~ny r~sson fail !o ke~p t1» wid pnmisN so
i~?w?.d. a fatl a d.liv.r Promah? .ny of satd poloci.s of insw.na ro ,aW MORTGAGEE. o. f,a p.o~~h +o wr ~~b +~r w•m~w~ ~hs.etor w in any
rKp~ct fail b Pwf«m. ~achar~e. ~xscute, ~ffs.-t. compl~t~. oon+Ph with and ~bid~ by this oow~r?~nt, a ~ny p~rt Mrwf. s+id ~0.0RTGAGEE ~nay pl~a ~nd
WY fa wd~ Mwwano~ o~ ~nY P+h th~nof withaA w~ivinp or ~ff~ctinp +~Y aMion~ (i~n, puity. or riyht ur~der ar by virtw of this Mafp~ and the
fuli amow~t ot ~ach and w~ry wd~ paym~nt sh~ll b~ in~diahly dw and pay~bM Md tMll beu {nta~est hom tM d~t~ theraof w?til paid ~t th~ wt~ ot
nirk p~. c~?t,Hn pK ~nnwn .,~d to~ther with sech k?terest shall b~ s~cured by th~ li~n of tNs mat~~.
I. To PKmif. canmit w wffa no wsste. 4nP+irm~nt a d~tKiont~on of said P~~h/ o? +~1~ P~ thereof.
5. To pay ~II ud sinpular tM co..'h. dw~s and ~xp~nw~, inctudinp a n~sa»bb attomsy's f+~ uw! o~n of abatrac~s of titb. incwred w psld s~
any tims by iaid IMORiG/1GE~, b~tause ot ~ th~ ~v~M of tM f~ikire on th~ Wrt of th~ s~id MORTGAGOI! 1o duly. P~~P~~11 ~nd fuU1? Pufonn. d'ach+?QR
~x~cvto. ~ff~c?. oompi~N. oomphr with and abids by fad~ and wery tM stipulations apre~rt~enn. cw+diti«a. ~nd oov~nb of ~a~d promissory not~ a~d thu
~+nY w ei~hsr. aod sa3d oosb. dwyn and ~xp~ew~a„ e~ch and ~vary, sFwll b~ imnsdiat~ly dw and payablej whether or nof ther~ b~ notice dr
mand, attempt to oollact or wH pendiegi ~nd ti~e full anavnt of s~ch ~nd wery tuch p~yment_shall bw inler~st frpn tfie dafe rF~~oi vnHl paid a1 tht
rate of ,w~ per eentum per a~nun?j and a(I ~aid oosn, cha?~s and ~xqnses incwnd or paW, royethsr wirh wch intaaL ahall b~ s~cwed
by th~ lia~ ot Nw .
6. 71wt k~ tti~ ~wet ~of u~y brrach of Nds Mortya~ or default on the paA o! ths NIORTGAGOR, w(b) in tM ~wnt any of said svrt~s of rna~sr
t+erNn nfs?r~d to not promptly and fvly p~id within thiny (30) day~ ~ext afrnr the ~arne severaly b~cwne dw and payab4 withovt dsmsnd a notlw,
w(c? h tM evenf exh and svery tM stipolatia~, +~rKmemt~. cond't~ons ud townu?ts of ssid promiswry note and th~s mortpa~ any a NthN ar~ nol
i~+h. ixompty and fu1H P~rforrr~d, dischary~d, ~xeaad. efiecqd. eompl~t«!, compl~ed with ~nd abided by, thN+ in Mther or sny wch ~ve~t tM wid ~g
pra9ah sum menria~ed in said promiaory note fhen remainin~ wepa;d, wFth inter~st ~cuued, u+d all rnoneys secu~ed haeby, shall baoonw dw and Wp
~bt~ io~thwitFy or thereaftsr. at the option of ~aid MORIGAGEF, fvlly and oompletely as if ~II of the said wms of maxy wer~ wipin~lly sY~pulated
~o b~ P+id such day. ~nY~hi~g in s~id Woin'issory ~ot~ or in thh Mortyape to the centrary notwithstandinp: arx/ therevpon or thereafter a! tM optian of
said MORtGAGEE, witFavt notice a d~m~~d, wit at law or in pvity, ther~Fon or thereafter beyvn, may bs prose~ytd u if all moesys a~wrsd I~~by
had matured ptior to ib irotitution.
7. Thit in tM eveot that at tM beyinninp of w d ~nY'~ P~'^~ +~Y ~+rt upon this Mo~ty+~, or to torocfo~ it, or fo rafwm ir or ro Mfwa
p+yma~t of ar~ daims hawndsr, said MpRTGAGEE tAalt apply ro th~ Cowt Mvinp jwisdiction thereof fa the appointment of r Receiver. such Cour~ sh~li
forthwHh appo;nt a reuiver of said mortp~ad property all ~nd sinp~lu, ied~dmg all and sirgular the income, profits, bsues and ravenues f~om wMtwtr
so~xa daived, exh and every of which, it b~i~g expreuly ewd~ratood, ea hsrsby matgaged u if tpeclfically set fwth and describad i~ tM ~rantin~ and
h+benrium cla~nes hereof. and wth Reoeiver shall haw all ths brwd and effec~iw fu~ct~ons ~nd powcn i~ anywis~ entrusted by a Cowt to ~ Receiwr, u~d
~uch appoinrmant ~iu11 be m.ds by wch Cowt ss an dmitt~d eQuiry snd ~ m~ne. of sbsolute ripht to said MORTGAGEE, ' and without nferer~a ro tM
sdeqvacp ot i~adequs~y of th~ v~lu~ of the property morty~ed or te the yoNr~ncy o~ insolvency of said MORiGAGpR or fhe defendann. ~nd that such
r~rt• profits, income, iss~es u~d revenues shall b~ ~ppliad by wch R~oeivar acoordiny to t!w lien or squiry of said MORiGAGEE and th~ praclice of wd~
a. To dvly, w«~rti ,.~d t„ih ,,~.so?~ d~bd~+.~., exear~a effect, oompkte. oomplY with and abide by each aod ~very th~ stipu4tio~s. +y~aements.
cooditana and coven~na in said promissory note and this mortpap~ wt farth.
9. That in the event the ownership of the mortgsped premnes. a ~ey part tl~ereof. becomes vested in a person other NNn tM N10RTGAGOR, ths
MORTGAGEE, in sueoestors and assignt, maY, witFavt rwfite to the MORiGAOR. deal witb such wtceuw or svcceasor in iMerest with refer~nce fo tha
mor~9~pe and the dcbt hereby sacwed in th~ s~rne manner ~s with Mortgagor without in any way vitistirg a dischargirg the Mortya~ors• li~bility harr
under or upon_the de6t hereby sea?red. No sale of the pranises hereby mortgsged and no fwtxuanoe on ~he part of rM MORTGAGEf or ib a,arssors
a ~ssiyr~s and no extension of tfie time fo~ th~ p~yment of the debt heroby iecured yiven by the MORTGAGEf w ib sucoason ar su;pnt, aha~~ op~rat~
ro rel~a~, diacharye, modiiy chanpe or afhect tFK oriyinal liability of the MORTGAGOR herein, aither in whole or in put.
10. It b spec~fic~Ily ayreed th~t tir~ b of the essence of thts co~trac~ ~nd tlut no waiver of any obli9ation hereunder a of ths obtipatan ss-
cund ha~bp sMU » any time thereaftsr b~ 1~eld to b~ a wa'wer of the ternr henof a of th~ _ inst~t secwed he~by. '
I1. !n add~~wn to the fo~ego:rg montF~ly p~ymenn of p?inc:pal and inte~est reqvired by the p~omissory .noM sec~red hercby. mort9sgor covena~y
and agrees to pay to mortgagee wirh e~ch monthly payment an ~ddition~l wm estimsted by mwtgayee to be eqwl to 1/1~ of the annwl cost of the fdlow-
.
A-Ali rea! prope~ty tixes levied w assessed aysirtst the above described real esUfa
B-Premiums on firc sod windstorm insurance as herein requ~red ro be carried on the improvements sit~aie on the above described premises.
Mwt9agee shatt from time to time notify mortgaqor in writiny of the amount due and payable hereunder and wd~ wm ahsl! thereu
paysble o~ the dus date of the next monthly paymcnt snd each svccessive month thereafter ~ntil mort
9agee shsll notify mortgagor of a charge in wch
amow~t. Such swm shall be apptied by mortyspee loward the payment of re~l property hxes, inwrance prem:umt, and mwfyspe pua~anty inwtante
prernium~. .
WITNESS WHEREOF. the said MpRTGAGpR h~s hereunfo set his hand and sea) the day and year fint sfores~id.
S~a nd deli in 1M pre~ar~u of: ~ .
~
~
n
n
STATE OF FIORIDA ~
caurmr oF St. Lnci~ ~
eifa. ~,a,.iN ,~„~„d Ricbard A. Flaniyaa
Al~C~ J• R~U~9~A his wife, to rn~ w~fl known u+d known to m~ to b~
th~ indvidwt~ dau~d in and who uucut+ed tiw forpoirg M~trweNnt. and acknowl~dped bsfore rn~ tF+at they ex+wtsd ti+e ssrn~ fw th~ purpoNS i
.,~..~..a. ~,~a ff,. „ Alic ;
R iclia~r d A R lan 1
MIf Of 1IN N1d - ~ ~ r Ynp/f ~{lPM~?! Yld pf~Ya1~
e:~minatioa by m~ ukan s~pW~t~ ~nd ap+rt fran hr s~W hwb~nd, ~duwvvbdped w snd b~fon m~ that sM ~x~cut~d said inatn+rn~nt.frNfy ~nd wlwr
ruiy and witAout +np comPulsion, constr~int, apprel~raion.~ f~ar of or hom Aer aid A sb .
WITNESS my h~nd a~d offkfal s~al tl~ia_-- d+Y of
A. D. 19 6
- • M~+~Y P~' ~nd for th~ at~ of Norid~ a1 l~rp~
No
RNwn Ta - Mr ~~pr~a` . - / 'j 7~
wst i.d..d s.vlnpa i to.n waoct+t;on ' `~,,.uu?~;~f, Not~r Prb~c. Sta1e ol•F1ai~ !t L~tM
OI Fwf Pieree. .~~i r ~ j„_ ~19~
fw+ v~e.o.. Flo.~d. _ M Ca~mis:i;.a
. ~ M!+!d h A..~w fiM a~+wrM Gr
- ~ FIlEO ANO RECOROEO~
; i ~ ~ ST. LUCIE COUNTY. FLA.
- . - ~ : _ Q ~~g~jl,~(~,gtF~E 0
This Instrume~t Preparad By = r : ~ - : ~ _ ~ fl~jiG~
First FedKal SavinQs 6 Loan Association - , . : ~ ~7 _
• of Pierte ~ ' ~ Q ` Ye
OCt q PN t2 : I q
ch~~a By ~ .
- a;r:~+;....•`
. • aOvE'P. ? OITAAS
• ~ CLERK CIRCUIT COURT
. " ~ . " . • cf
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