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S. To pl~o~ aid oontinuowly kNp on tM bulldin~ now a hKNf?K WtwN an ~aid bnd and on ~II puipnwnt and pKSOn~lly oownd b'f? tAb morq~
p~, with ~11 pnmfuny ther~on paid In tv16 fin Mtw~na in th~ uawl stardard polky Iorn+. in a swn pp~or~d bl? tA~ MORTGAGEE, ~nd wkd~tana
kaurancr h th~ ww) saed~ni policl? faa4 In a wm ~pp~owd bt? tM NW~TGA(iEE. In wcA oompanY a oompania a t1» MORT~3AGEE nNy
d~nct~ and aU fin ~nd wind~a.m Maurana poltciM an any of ~aW bullda~p~, +nY W~1aa~ Nw«b o? p~rt thsrwl, in tM npprpab ~wn ~foraaid or
In ~xsw~ tMrwf. dwlt oont~in tM uw+l aandard mo~p+pM dauw w wd~ aiw daw~ a N» Ma~papN m~y nqv~r~. m~kinp th~ loa wida said poN~
c~... .ach u,d .w.y. wr•b1. a s+W I~10RTGJWEE a in t~~~..a ~n.y app~~r. .nd ..d~ «+d .w~r wd+ vo~icy shau b. aomp~y ...:~ed a~+d d.i~v~a.d ro
~ny MW by ~aid MORiGAGEE as furtMr ~~anity to wid ~+~o~rp~ d~bt. +nd, no1 lea ~h~n t~n (10) da~n In ~dv~na of tM ~xpir~tion of ~+ch po~k1?. to d?
I1vK w wW MOkiGAGEE • r~w~l tMnof, toptthw with • r~aipt for ih~ pwnium of suth r~wal~ u+d thert ah~ll b~ no fih o? wiedsto~m iew.ana
pl~ad an aM? of said bvildsnp~, ~ryr MtK~q tMr~in ot put tMr~of. unlas tn tM faen and with th~ loss piyabN a aforaaW~ ~nd In th~ ~wM ~+y wm
of n,on~y b~cpn~s p~yabN u~ wd~ polky a policl~s sNd MORTGAGEE M~II Mw th~ option w noriw u~d ~pply tM wn~ on ~aount of th~ Ind~bre~
nas a~cw~d M~~by a~ a pKmit wW MORTGAGpRS a nalw and u» M o? rny part tM.eof fa wher purposes, wi~hout ti?Neo~ waivioy a imp+ia
E~ +~Y q~Hl?. IiM a ~ipht uod~r ar by v4tw o# this mort~ap~t and in th~ ~wnt wid MOR?GAGORS sMll fa aq? nason fatl to kKp tM s+M pr~s w
4aw~d, a fai) b deliwr Pra~plh? ~n1? of uid polid~s oi irNwa+a fo said MORTGAGEE. a f~il PromP~H a WY w~h ~^Y P~~"~iwn therefar a M+ ~ny
n~pat fail b p~rfornl, distharp~, ut~wtR, ~ff~et. oomPl~?~. aomplY with ~nd abi~M by this oown~e?1, or any put larwf. s~id MORTGAGEE en~y pl~ ~nd
WY fa wd~ iiwxana u any put 1h~nof withow wahrk~p or aff~ctinp +n1? oWan. ~i~n. ~4~?~h, or ?ipM ur~ or by virtw of tNs Mat~, w+d tM
full amount of wch and ~wrY ~ WY~ s~l b~ in+nNdiaNly dw and pyabl~ ~nd sl+all b~sr intKep from tfw dab thtnof until p~id at tM r~b o{
niew pu pntwn qr anew~m and toy~tlw~ with wth intK~at sli+tl b~ weut~d by tM li~n of this nwrt~sp~.
1. To p~rmi~, aommit or svffK no wash. ImP+km~nt w d~tKiontion of s~id propKt~? or pwt tMnof.
5. To p+y all aed sinpular tM aost~. cFw~p~s +^d ~xp~w~, i~dudin0 ~ na~on~bl~ ~norney's fN and a~b of abstr~cts of titl~. Innxr~d a p~id at
~ny tirM bY aaid MORTGAGEE. Mcws~ a in tM ~wnt ot tM f~ilun on th~ p~rt of tM said JIAORTGAGOR to duly. P+w^Ptly snd fully perfonn, d~0~
~x~cut~, ~ff~d. oanplst~. oomp~r with and ~biJ~ by ~ach and wery th~ stipulatiom ~prwneoM, condi~ionti u~d aownants of wid promissory not~ and thb
mortpap~ +~h? w ri~Fw, ud a~d costs. charp~s ~nd ~xpMa~s~, ~ad~ aed evKy. sFwll b~ iiwnediatsty du~ ifld Piy~Iff WIfQtllf? p ff01 tMf~ M notioe d~
ma~d. +ttem~t ro oolbet or wN pe~dirgt ~nd th~ fuil amowM of Mch ~nd w++Y ~ WY~^~ sl+~ll bsa. ~tere~t fran rl» d~t• tMrwf until p~id ~t tM
rate of nine per centum p~r +nrwm: and all said oost~. cl+araa ~nd ~xpM~ ina+rnd or p+id. 1op~thK with sud~ intw~at. ~MII b~ aea~r~d bp tM li~n of thM
morqp~: -
6. Tl+at in th~ w«M bf aey bnach of tNs Mortpsp~ or d~fault on t!r put of tM MORTGAGOR, o? (b) in th~ ~wnt aey of saFd ~wm of ma+ey
~..t~ r.h~..d ro be ~a P.o~h .r+d fi,ih P,d withk+ tMrty t30) d~ys rwxt afte~ th~ san+~ wverallr bacan~ dw ~nd p~y~bl~, withovt da~n+nd a notia.
w(d in th~ went each and ~wry th~ stipulatiom. +Or~en~~s. oonditian u~d eov~rwnn of said p~an'~y not~ u~d this mo+tp~ any w~itMr an na1
i~y. Prompth and fvly pKform~d, d;sch~yed. ~xecut~d. ~ffeN~d. tomPl~nd, con?Pli~d with snd ab~ded b~?, tMn in ~itMr a any svch ~wnt tM wid ~ .
prey~t~ wm meetansd in said promiswry not~ than nm~inin~ vnpaid. witA inta~st xauad. and all ewneys s~cured Mr~by. ~11 becom~ dw a~d paY~
abl~ forthwith, or tMrs~Rsr, at tM option of said MORTGAGEE, a fvlly and canpkt~ly as if ~II of Ma sakl wms of moMy were orpin~lly stipulated
to 6e paid on wd~ day. +nYthinp in sa~d pra+i~u«y note or in this Nlortpye to tM oonnary norwiilutu~dinps ~od thereupon w thcreafie. at tM op~ion of
wid MORTGAGEE, without nwic~ or d~n+nd, wit at Iwr or in ~qvity. ther~fon a tF~ersafia bsyun, may be prasacuted ~s H stl monsys s~curd Iwreby
had manKed prior to in i~ueiturion.
7. That in tM event tMt at tM 6eyGni~g of or at ~nr tim~ P~^0 +^Y w~ ~Pa+ ~~9+De• w to foncloH it, or to r~fam it, a fo ~nfora
payrnent of uiy daNns heraundsr. ~ald MORTGAGEE sh~it apply to ths Cairt havinp jwisdiction theraof fw tM appoiMm~nt of ~ Rtuivsr, wd+ Court sMll
fathwith appoint a?eceiwr of said morty+~sd propKty all u~d siny~lar, indvdieg all ud sk?pular th~ inooen~ profin, issws and nw~wes from what~wr
souru deriwd, e+ch +od eve+Y of which, N b~inp aepressly w~d~rstood, is hsreby mortys~ed as if sp~cifically set forth and dewibed in tM ~~ntinp and
habN~dwn dauses hereof. and wch Rec~iwr sh+ll h~w all th~ boad and ~ffectiw functioos ~nd povven io aoywise emnrsted by • CouA to a Rac~ivu, and
wch appoi~tn+eM sh+ll be m~de by wch Cowt as ~n admifted eqvity +nd a m+tt~r of ~bsolute riyh~ fo ad MORTGAGEE, and wifhout refersna to tlr -
adey-wcy a in~daqu+cy of tM valw of the popKty nwrq+ped or to the solvency a insolvency of uk! MORTGAGOR « tM defeodants, and th~t wd~
renn, profits, inoane. issues +nd revenws shall b~ appti~d by wd~ Receiver scoordinp to tM lian or equiry of said MORTGAGEE ~nd th~ _practia of wch
Cowt.
8. To dub. P~~Ptly and fully perfonn, d'isd+a?~• ~xecute. ~ff~ct, oomplet~, oomplY with uid ~Wd~ by ~sch and w~ry Hw stipulatiau„ ~presm~nls.
GOf1~It~OfM if1~ OOVlfMflb if1 N1d PlWnltiOty 11W! Yld tflif mOA~i~! Nf fOft~l. '
9. That in the event tM ownenhip d the morty~p~d premi~s, or u~y pwt thereof, beoorna wst+d in a penon otha tMn th~ MORTGAGOR, th~
MORTGACsEE, its wcoesso+s +~d ass'gns, m+y, withow notia to th~ MORTGAOR. deal with such waeuw w waes~w in interest witl~ nfsranc~ to this
mortyap~ and the debl hateby sacwed in the sam~ msrv~a ~s with Mwigspw without in any way vitiat&~p a d"isth+rpi~g tIM Mortps~ors' lisbility h~+r
under a vpon ths debt hereby secwed. No s+le oi th~ premis~s hereby mo.tyaped u+d no fwbear~noe on th~ put of the MORiGAGEE a i» s~aessors
or assigns u+d no extensioe of the time for the parment of tM debt hereby secured yiven by tFw MORTGAGEf or ifs sucoessors or assiyns, ~hall op~rat~
to releas~, dischary~, modify ch+rge or affect tM wiyinsl liability of th~ MORTGAGOR herein, eitha n~ whole or in put.
10. It b specifically a~reed that tims b of ths essenoe of this contract and that no waiver of ~ny obli~ation hereunder w of tt» obliy~tion ~e-
cured hereby ~11 at any tim~ thtrs~h~r t» held to b~ a w~iwr of,the tem+s Iwr~of 0~ of th~ instrumant sewred herby.
11. In sddition ro the forego:ng monthH paYmenri of princ'pal and interest nquired by the prari~ssory note secu~ed hereby, mortpsgw ~v~nu~ts
and sQrees to pay ro mortgagee with each monthlY payrn~r~t an additional wm estimated by mwtQags~ to be eqw ~ to 1/12 of the annwl cpst of the folbw-
ing: - ~ • _
A-All resl property ta:es kvied w assessed sgainsf the above described real estate.
B-Premivma a? firo and wlndstotm inswaece as herein ~eq~tirsd to be csrried on t4e improveme~ts•sitwte on the above described praeiues.
C-Premivms on such mwt9age 9wrar~ry imwanoe as mortgs9e~ sh~ll from time to time deam fit to urry on the loan secured hereby.
i Mortgagee sh~ll from time to time ratify mwtgagw in writirg of th~ amount dve snd payable herewKler snd wch wm shsll thereeipon be due u~d
j psyable on the dve date of the next monthly psyment ud esch wcoessiw month thereaAer until mortyspee shall notify mortgagor of a d»nge wch
~ amouM. S~rth sums shall be applied by mortgapee towud th~ p~yment of re+l property tsxas, irowu~oe prem:ums, and mottgspe ~varaMy insw~nu
premiu~rs. •
IN WItNESS WHEREOF, the ssid MORTGAGOR h+s hereumo aet his hand ~nd seal the dsy srd year fint aforesaid.
Siprnd, Sealed and delivar~d in tM preieno~ of: ~~~%~Gfttn~/~• rl~~~f~~.v~/
~S~a~ F
G~, n {
I~M~ :
L~r~4
STATE OF RORIDA ~
ST. LUCIB } ~ ' ~
courm °F R c aud A. Flaniqan
e.far. m. per~ppa,(ly ~pp~red ~
Al1Ce J. ~1 gall I~is wi{e, ro me well krwwn and known b nw fo b~
rhe ind'widusb daoribsd in and vrho ~xsoutd ths ~ d~~l i k~ befom m~ that thsy euecutd th~ wm for th~ purpows
rhereh ~xp.~ssed. Md th~ ui~ ~iCh -u A. aD qaA
wif. ~ r~,. N~a Alic~ J. Flaniga?n ,~,d
examkwtion bp m~ tsken aep~r~te and ~put from har said Iw~sb+nd, atkrwMA~dpsd b snd befo?~ m~ th~t she exeartsd said imtrumsnt fr~ly and volwr
tarily ~nd wifhoul ~ny tompv~sia4 conft?~iM, ~PP?si~na~o~M oI Of or ftom hK wfd husbx~d.
r~ D c~~r ;_'•,-F
wITt~ESS my hand aed off'~wl s.a1 thk ~ o d.y of •~=fY.;19 Y.,:._
.
~ _ , ~ . ..~..;;r~~~.
. . Noary Pubtk in «+d for th~ Stsi~ d~ ` N•
. FILEO AIVO ~RECOROEDMY ~"P"~' v~~''~-.
R°'""' T°` ST. LUCIE COUNTY. FLA. " • ~ ~ ~ ` ~
~a r•.a...~ s.~?ug. a ~ k~wna, , ; 4 y .
Of Fort Pitrce. t;r.i~yn~C `J="P.IF~ED 1~ .0 1_ _
. fyrt Pierce. Florida ~ ! t~S ( _ . n • ~ Q ~ - ~ -
t..+~ .
''`a~_.}
t.'•." ' c,~ .
'68 i~~~ 3 1;h1 10 ' 38 - ' . ~
~ ~ r^ - _ :
This Instrument Prepared By - .
Firt Faleral Savings b loan Associarion f;p~~p~~TP.KS ~
' ~ P1e~0e Cl~RK CIRCUIT COURT "
By 2hoaas A. Driscoll
" BOOK 1~5 PACE ~.~0
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