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12. That, in order more fully to protect the security of this mort-
gage, the mortgagor, tcigether with, and in addition to, the monthly payments
under the terms of the note secured hereby, on the first day of each month
until the said note is fully paid, and in addition to the provisions hereinbefore
made, will pay to the mortgagee the following sums: t
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(a) A sum equal to the premiums that will next become due and pay-
, able on policies of fire and other hazard insurance covering the mortgaged
property, plus taxes and assessments next due on the mortgaged property (all
is estimated by the mortgagee)l~ss all sums already paid therefor divided by
the number of months to elapse before one month prior to the date when such
premiums, taxes and assessments will become due.
(b) All payments mentioned in the preceding subsection of this para-
graph arid all payments to be made under the note secured hereby shall ue
added together and the aggregate amount thereof shall be paid dy the mortgagor
each month in a single payment due upon the first of each and every month
hereinafter
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Any deficiency in the amount of such aggregate monthly payment shall, unless
made good by the mortgagor within thirty (30) days next after the same becomes ~
due and payable, constitute an event of default under this mortgage. ~
13. If, however, the monthly payments made by the mortgagor under ~
(a) of paragraph 12 preceding shall not be sufficient to pay taxes and assess-
ments and insurance premiums, as the case may be, when the same shall
become due and payable , then the mortgagor shall pay to the mortgagee any
amount necessary to make up the deficiency, on or before the date when paymen~
of such taxes, assessments or insurance premiums shall be due. V,,,•t~•~~~~~;~~~~.,, .
signed its name by its offiC~rs and~. .:~~co~orate
IN WITNESS WHEREOF, the said mortgagor has,/ M. Y,
~ seal the day and year fir st afore said. ; ~ ;
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~ Signed, sealed and delivered Wpp~~ g~rd~ gell and As~ej~a~8~ j~~`~,;,c~ ;
in the presence of: v •
l , ~ L'~t'~ }
B ~ J~~ '..~~~~~~~~.~~~'~Seal)
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~ ' Attest• ~ eal) '
cr ~ ry- r sur r ~
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STATE OF FLORIDA
COUNT Y OF ST. LUCIE ~
Before me personally appeared Arthur F. Wood and Barbara T. Beard, Presiden `
ori ion
and Secretarv-Treasurer respectively of Wood, Beard, Bell and Associates, c. , a/
To me well known and known to me to be the individuals described in and who
executed the foregoing instrument, and acknowledged before me that they executed
the same for the purposes the~ein expressed. As the act• and deed of sa~i Corporation
thereuato duly autharized.
- WITNES~F~~i~~~AONF~~~-~i seal this day of November ,
i
t~~~"' RECORO VERIFIEO
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D. ;.r`"~ f 1'~'2021
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G1 Not ry Public , in a d fo said State and
,
, .r'~u~y~G _ Rp R i'OITRAS County. My Commission expires: (,9
'=,~°~i'.Y.•$eti~~.~` . CLERK CIRCUIT COURT~ ;
,
, ~~''~~i~~t~ii~~~~~`, - _
FFIRC-500- 6-6? G dppX~.~~ PACE~O~
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