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To plao~ u+d oonNnuoushr ka~p on tM buUd'wgs naw a Mreaftw ~Ftw~~ on wM land aed oa dt equipn~nl and pKSOn~lly aovK~d by thi~ a+orq~
pe, with dl pruniu~n~ tMrsoo paid in fvll, fk~ i~svru~a in tM viwl ~u~dard policy farm, in ~ ium ~pprowd by tM MORTGAGEE, a~+d wh~datwm
tnwranc~ M th~ viwl stu~dud poUcy forn~, in a wm ~pp~owd by thi MqRTGAGEE, in wd~ tanpany w corapani~s u th~ MORTGJI(iEE ~y
dirsct~ ~nd all fin and wa+dstorm ie~swa~ polici~s on ~ny OF iild b1llMiflof~ a11y IflNffst fMffilf Of Pi~i TFIHWI. b tM ay~•e~at~ wm afo~~id or
in ~xasi tha~of, thall oontaln tFw wwl standud ~~,ortpp~ dsus~ a wd? aha daw. a ~t+. Morro+pa+ m+Y nqu~n. m+k&g ~h. lou wwi~+ s•d pol~
~~~`~+~Y. WY+bI~ to aid MORTGAGEE is i~s intaest enay appear, and ~ach ar?d wery such policy ihall b~ prort~pHy ass:~ned ~+d eAliwred ro
•ny Mld by ~aid MORiGAGEE u furthK security fo ~fd mortpa~ d~W, aod, not less tMo t~n (10) daq ie advux~ o( th~ ~xp4ition of ~ach polky, b d~-
liwr b ak! MORTGAGEE ~ ~enew~i rherwf, topNher witA • rsc+sipt for tM p?emium of suth reoewal~ u?d ther~ sMll b~ no fK~ w windsrorm inswanu
plapd on ~ny of iaid buiWi~gs. ~ny interest tMr~io or psrt tMr~of. unins to tM form and with ths bu p~yabk ss afons~id; a~! In tM twnt u~y swn
of moMY b~eom~s pay+ble w~d~~ wd~ policy a pdiciu s+id MORTGAGEE shall I+~w ths optan to rocaive snd apply the sana on aaount oi tM Ind~b?e~
^as Wcw~d Iwr~b~ o+ to pa+nit satd MORTG+.".sORS ro reaiw ~rrd us~ it w sny pa~t thereof for othe~ purposes. without thareb~ waivi~~y p impaia
i~g +nY pwh. Uen or riyht u++ds~ a by virtw of this mortpa~j and in rM ~wnt wd MORTGAGpRS shail for uiy re+son fai! to ke~p tM aid phn+ises w
i~sursd, a fail b deli.w p?omptly any ot s+id poticiES of inswsno~ a said MORiGAGEE. a faN piompNy ~o pay fvtly ~~y premi~rm thenfor o~ i~ ~ny
respaq }~il b p~rform~ dischu9s. ~xecwa ~H~cr. oony~tet~, comply with and ~bid~ by tM cownant. a ~ny p~n I~~of, s+id MORTGAGEE m~Y P~aw and
WY fa wch irawano~ or any part t1+Kwf wirhout wahrinp or ~fhctinp any option, tie~, puity. o~ right under w by virtw of ihts Mwfqay~. ae~d tM
fuU arnowet of ~ad~ and evNy s~rch piymem shall b~ wrunadiately dw uid paYabla and sfiatl bsar interest iran tM d~te ti?crwf uotil p~id at tM raN of
n~ne p~r wntum p~r smwn ind te~ether with such inte~est shall be iecwed by tM li~n of this mo~rt~aye,
1. To pwmit. commit or wfisr no wute, impsirment or d~te?ioration of ~aid propsrty a ~ny pirt thsrsof.
S. To p~y atl ~nd tEepv{a ths coNs, cMrpss and exper?sea, inctudinp a r~sson~bl~ ~ttorrwys fee and oost~ of aMtracn of titl~, kKUrnd or paid at
any ti~ by aaid MORTGAGf~ bccws~ or in th~ ~wnt of the failw~ on ths part of ~M uW MORTGAGOR to duly. P+omPth~ +r?d fvfly PKfan4 d~
execvt~, effeet. oompl~t~, ooenpir with a~+d abide e:~ and every th~ stip~laiwns, ay~ts, cw~ditions, and oownants of said promissory nw~ u~d thit
m0li~~ My O~ litlf0?. ~nd ssid coses. duryss and txpente~, eath ~nd tvery, sMll b~ L•nmediatety dw and pay~bk: whe~hsr ar not the?~ b~ notice dr
~a~d. attempt to ooq~ct w wit pendingr ind tl?~ fvtl ~nount of iid~ anet wery s,xh payment sMli bear interest hom th~ dat~ Nknof uotil p~id at the
rate of nin~ pp ScntuR ~ aruwcnt and all said costs, char~ea and azp~nses innund or paid, wg~ther with wch interai, a1al1 b~ s~cwed by tl+~ I~n of tha
morpaaw . C
6. That io the w~eit of am/ br~ach of this Mortys9e or defwit on the pan of tM NIORTGAGOR, or (b) ;n tM ~vent sMr of said sums of monhr
henin nferr~d ro be not promptty and f~lly p~id within thiry (30) days next afte? ~he ~ame seve~atly become dve and payabl~. withoW d~mand a ewtlc~
o+ (d in the ewm each and wery ths stipulatiora, ayr~nnants„ condiYiorK a~d caveni~b af s~id p.omisso~y nor~ and this mapa~e any or tither ue no1
iuly, promptly ~d fully perform~d, diacharged. ezecvted, ~ffected, compkted, complied with and abided by, tMn in ~ither or +e~y wch ~ven~ tiw s~id a~ -
g~e9+tt wm enentioned in said promissory note then remain&y unpaicl, with intamf accrued, and atl ma?eys secured hsreby, sMll beaan~ dw aod p~y-
abk fathwitly w thereafte~, at ths option of, said MORTGAGEE, ~s fully and compietely as if ~II of the said wms of money wer~ q~;yinally atipulated
ro be pa~d a? wd~ day, anythinq In said proni~ssory not~ w in 1F~is Mortgage ro the ca+truy ~otw;tiutandinp; and therevpon w thereaher at tM option of
said MORTG/4GEE, witlfOVt fqfit! 01 dem~nd, wit at law or in puity, thereforo w theresf~er begu~, miy be prwecuted as ff all rnoneys s~cwed hereby
had mafuted priot to in institution. ~
7. TMt in the event that at the beginnirg of or at ~ny tims pa~d'ng any wit upon this Mo?tgapt, p to furecles~ it. or 1o roform it, or W~n{p?,o~
psyment of any c1a&m hereur~dn. said MORTGAGEE sMail apply to tha Court I+~vi~g jwisdict~on thereof iw the appointment of a Receiver. wd~ Court shsll
Forthwith ~ppoint a receiver of uid eno~t9ayed pro}~arty all and singvla~, includ~ng all and singulu the income. profits, issuss and ?~venues from whstev~t
source derived, each ~nd every of which, it b~ing enprtssty undersrood, is hereby rrw~tqaged a~ if ~pedfically xt fatA and diwibed in tha prantiny snd
habendwn clausea hcreof, a~d such Receiver shsll Mve aU the txoad and effettive functions and pov,rers in aoyw~se entrusted by • Courf ro a Receive.. ~nd
sucF~ appointment shall be Yoade by wch Court as sa admitted eQ~iry aod a matta of absolute right ro said AAORTCaAGEE. ~nd witho~t raference ro ths
adeqvxy or inadeqvacy of the wlue of the property mort9~yed or to tlx sohrency w insolvency of said MpRiGAGOR or the defMdants„ snd thaf such
r~~' profits, income, nsues and revenues thali be appl;ed by such Recaver accordinp to the lien or equify of said MORTGAGEE end the pr+aic~ of svch
8. To dvfy, prompth and fully pe~fwm. d'acbarye. execvte, effecl, compktr, comply vrith and abide by each and ~wry tM stipulatioos, ~greert~ants;
co~ditions arK! covenants in said promiuory note and this mortgage set fonh.
9. Ths~ in the event the ownenhip of the mort9syed premises, w any part thereof, becomes vested in a penon mher than the MORTGAGOR, th~
MORTGAGEE, its succeuon and auigns, may, w;thovt rwtice to the MpRTGAOR, desl w;th such succeuo? w successor in interest with referenoe to this
mwtgaps and the debt hereby secured i~ ths aame msnner ey with Mortgagor without in a~y way vifiating or dischuginp the Abrtyagors' lisbility hen-
ur,de? w uPon the debt hereby secured. No sale of the ~remises hereby mortgaged and no fwbeara~ce on the part of tha MQRTGAGEE or its wccesson
or'aasigns.~aid nA extei+siwf of ~the tlme fp tt~s pa~rrnent of the debt hereby secured q'~ven by the AhORTGAGEE or i» successors or +si;gns, sh~tl operat~
~o r~!s~l. ~.i~fY a? aff~ct tt» oriyG~st GabititY of.~ha MORTGAGOJt.hn~ein~.eit~M~ in w~e a:io_P~rt•.. .
• iq. h b. sp~cifica{ly agraed th~,t tims- i~ of~.ih~ msvrt~ of, ttqt mntract snd.that. ro waiver pf..anr ob1~a~~, here~„~er o' of th~.oJ,tgarton .e~ .
cured FNreb~ shall at any time fhereaher bs lield fo be ~ v~raivZr of'tFie terms heraof oi of t~he instruinent secuied herisy; . '
11. In add~tio:+ to' the~iwego:ng~ monthly paymenYS~ of pnric:pal sad interesi reqvired by the' promis~ory ~olf'secured °?~ercby, rnbr}gargof opw~snq
+nd ~g~ees to paY to ~+ort9agee~witK~esB~ mbothly p~linenf an add;Fiorylesum Kum~ted by.murtyage~ fb b! ~qusl to 1/12 of.th~ s~rwalsost of fhp fdlow-
'ng:
/1"A~! ?e+~l WqPd?tY taxa~t .1s+ried a? assessed against the above described resl estate. • -
B-Premiums on f;~e ae~.vriodstorq~ insuranoe u herein requ;red_ to. be cq~ried_ on the imqovements. sitvate on the ~bove desuibed premises.
. C-Premiums on s4ch ~rrwrt9a94 $wrant~r in;wince as ~mortgsgee shall from tirt~ to Yune deerti fit `to w~y on fhe foa'n'setvred 1~ereby.-
Matgagee shall f.om tima to time notify ~ mortgsgor iri wii6ng of the amount due and psyebk herevnder and wch wm sAsq therev~wn be due ind
payable on the due date of the next monthly payment and ~ach successive month thereafter vntil mortgagee sha11 notify mortgagpr of a chanpe i~ such
amount. Such sums sFaN be applied by matgagee toward the psyment of real property tazes, insurarxe prem:wns, and matyage gus?aory inwrana
premiurttt. ~ ~ .
IN WITNESS WHEREOF, the said MpR?GAGOR has hereunto set his hand a~d seal the day and yeu finl aforesaid. ~
Isd at+d li in of: . ~
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STATE OF FIORIDA ~
courmr oF - St. Lu~ci~ ss.
6~Mn m~ p«wn~lly app~arad - F ~ I,i P~1'7~ =1~ and
~~la W ~Y ~ his wife, to me well knawo snd known to rn~ to b~
rhe ir~vidwb dqcribed in ~nd who ~x~cuted ths (or~o;ny irntrum~nt. and ackrwwledped b~fore ms that tMy executed the aan+e fw the pv?pos~s
tl~ein ezpr~ssed --11i~d"~'u~~ C~li ~ ~!=~a1
wlfe of tht aa' n1 ~''r •.t; ~~1i~~ Z Pi=l~i~l • trpon s s~p~rat~ ~nd priv~q
examinatian ~?~t'~ken ~ ~nd apsi~ fran her s+id Miaband, ack~+owfedged to ard befon me thst she executed said instr~me~t frMly and volwr
arilY 4Q!t1~rM~on, ~oefstr~Int.: appr~hens;on, or fer of or (rom hN sa;d hwba~d.
1Mrt~ss ~nr'iM~ .nd offk;.t ~.d th;. /o .~L d,Y ,r A. n. ~9_~
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'.~p ~1 J•'• V„ - Notary PuMk in fa th~ Stat~ of Florida at Larp~
.'1~ ~ , ti~ . ' ~ . . . ~ My C~i~o~ ~xpir~ss
~''a F'd"'' • ~ # " ~ fIIED AND RECOR~ER~ N~, ~ ~ ~ «
, S7. LUCIE COUN'~Y~pLA. '~r ~ 6qi~ S~. ?3.1969
: . ~ ~ : _ ~e • ~ ~wii~r l~s ~ Ca~ir G. 2
This Instrument Prepared By ~CT ~ 3~ 33.
First F
e
deral S avings b Loa~ Association
' of Fort ierce
~p~~R P017RAS
Checked By ~ LERK CIRCUIT COURT ,
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