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S. To plao~ ~nd cont6wowly kNp on th~ buildi~~ now o~ I+K~affM ~itwN on ~atd land ~nd on ~II puipn+~nt and p~rwn~lly oownd bf? t~ ~~P
p~. wi~h ~11 pnn+hxra tMr~on paid in full. fin huwana in th~ wwl ~ts~+dard potky fone+. M a wm approv~d bY tM MORTGAGEE. and wird~torm
uawana in tM wwl atu~da.d policy fan4 in • swn ~owd b1? tM MORTC?AGEE. in wcl+ canP+~Y a canpsnia ~s th~ MORTGIIGEE m+y
dinct~ ~nd ~II fin ~rd wind?twm iiawanc~ policia on +nY ot s+id b~ildin~„ w.w int~.at tl»r~in w p~t tha~of, h tly ~pprpat~ wm aforeuid w
In acnst tlNnof, ~h~ll cont~in tFr uswl standard ma~+pw dws~ a such otha daw~ a th~ Mat9p~ ~Y nq~?~n. makinp tM loas w+dN s~id pol4
cia. ~ad~ and ~wry. WYabi~ 1o.s~W MORTGAGEE as ib intKt~t en~r app~ar. and ~ach and ~wry such policy tMll b~ promptly ass:~n~d and d~liwnd ~o
~ny h~ld by aid MORiGAGEE as furtM~r s~cwity to said mat9+~ d~bL +~d. ~o? bu than tM (10) days G+ ~dvanu of the txpiration oi ~sch polky. to d~
liva to said MORTGJIGEE • nMwd IMr~of, tapetMr with a r~uipt fa tM pree?ium of wch ~uwwalj and tMn shall b~ ~o fih w windstam in~x~nc~
pl~ad an any of wid build~, aey int~?at thu~in or p+rt tM?~of. unku in ~h. for~n and wi~h ~M bss p+rabl. as •for•wtdr .nd ln d» .vw» anr swn
of nwmy b~con+a payaW~ ur~ wd~ PoIkY a Pdicqs s+id MORTG/1GEE ~hall hiw t:.e optan to naeiw and ~pply tM sarn~ on ~ccount of tM ind~bt~d~
rnas wcw~d ha~by a to p~N uid MORTG/1GORS 1o naiw aod uN B a aey pa~t ~FKrwf fw other pvrposes, wi~hout thareb~ waiviny w impaiF
+~Y ~b. Iwn a ripht w~ or by virtw d this mo?ty+~s and in tM ~w++~ w~d MORTGI?GQRS ~11 ia ~ny nssa+ fatl w ke~p th~ wid p~~mi~ea so
Insur~d, w f~il to deliwr pranptly any of said policks of irau~ano~ to s~id MORTGJIGEE, a fail promptly to pay f~lly aoy p~emium the.~fo~ or in u?r
n~p~ct fail b p~rfonn, d1scA+ryt. ucecu». ~ff~ct. oompl~t~. aornPN with w~d abid~ by this oownant, w any pan hKwf. said MORTGAGEE m~y plx~ ~nd
P+Y fw wd~ kawano~ or anr p+rt tMrwf withow walvinp w ~ffectirp +eY aMia~. (i~n. ~9uib. or ?ght und~? a by vtrtw of this Mort~ap~. and ths
fult amo~nt of ~ach and twry such paym~nt ahall b~ immdiat~ly dw ~d p~yabl~ and sh~ll b~ar interest fran iM dat~ thereof w+til paid ~t tM nt~ of
nin~ psr pntum p~r s~rwm uwl topetM~ with suth iMKest tMll b~ sscw~d by th~ lia~ of this mwt~sye.
1. To pKn+it, aommit ar wffa no w~st~. imP+irm~nt a d~t~rioratan of wid p~opKty w any p~rt therwf.
S. To p~y ~tl aod skpular th~ cosn~ clw0~a +nd ~xPaws, indudi~+p s nasa~abl~ atto~my's fe~ ~nd cosn of •banacn of Hrb. kKwr~d w paid at
any tirrw by s+id MORTGAGEE, b~c+us~ or in th~ ~wnt of tM failur~ on tiw psrt of th~ said MORTG/1GOR 1o d~?ly, promptly ~od fvlFy pKfonin, duchar~
~xsevt~. ~ff~tt, compl~t~, oomplY with and ~bid~ b~r e~d~ ~nd tvery tM stipulatiwa. ip~eernenn. conditiona. u+d wvenanb of said promiswry not~ ~nd this
~+0~ +~Y a ~i~Fw, snd wid aoatt„ cha?y~s +nd ~xp~n~n. tad~ ~rni wKy. ~hall b~ immediat~ly dw ~nd paysbl~: whether or not ther~ b~ notia de~
mand, att~mpt w ao11M or wk p~ed'irpf and th~ fvll ~rnow?t of each ~nd wary wch p+ymMt shall bea? interost fran ths daN th~rwf vntil paid N tht
rete of nins per centum per +nd all wid cosn. cMrpes and e:p~ns~s k?cwnd o? pald. topether with s~xh intuub sh~ll b~ s~aued by th~ li~n of thi~
~q~
b, That in th~ ~w~t of ~ny bnath pf thb Mortya~ o~ dafavlt on th~ part of ths MORTGAGOR, a(b) in tM wer?t any of aid wnu of ma~r
harNn hhrr~d ro be rat promptly uid fully paid within thirty (30) days ~ext aher tM sarn~ s~veraly becorM dw and payabk, without dem+nd a notioe.
w(cJ in the ~wnt each and ~wry th~ stipvlations. +9~Knwnt~. conditions and coven+nn ot wid promiss«y note u~d th~s matpa~ any or titMr an rwl
iub. P~a^PNY and fvltY Perfam~d, d'nchu~d• txsevnd. ~ffactsd, compl~ted, comp::sd with and ~bided by, th~n in ~ither w ~ny wch ~wnt tM said aQ
greyat~ swn mentioned in s~id prom.lsso~y not~ tiwn r~uininp ~np+id, with internt actrued, and all moneys ~scured Mreby, ahall b~coe+~ dw u~d p~y~
~bl~ iorthwith, o? thereahar, ~t tM option of said MORTGAGEE. u fuly and oompl~tely u if all of the saW wms of nwn~y wen «ga+ally st~pvlated
ro bs paid on such daY. a~ythirg in said p~omissary non or in N~is Mort~+~t to the conrruy ~otwithsundinp; u~d therwpo~ or thereaher st tfi~ optan of
said MORTGAGEE, without notio~ or d~m+nd, suit at law or in puity, ther~fon o? thersafier be9un, may be proaacwed as ff all mo~eys tewr~d Mr~by
had mafurtd priOr b ift inttitutiOn.
7. TM~ in tF~ ~vMt that at th~ b~yinnirg of or ~t ~ny tien~ p~ndinp any wit upon thq Mortgsg+, w to forecloae tt. w to mfom~ it. a~ to ~nfora
payment of arry? dai~ru FKrwoder, said MORTGAGEE sMll spply ro tM Caxt h~vinp iwisdictan th~reof for the appantmeot of ~ Receiva, wd~ Court sh~il
fo.thwith appoint ~ nceivsr of ~aid mort~+p~d property all and sLpulu, indud~rg all and iu~gula? the incaee. profiq, iswes and nwnues fran wF~t~w?
aourc~ d~rivsd. each and every of which, it beinp ~xpre~sly widKatood. a hereby mortgaged as if specifiully set fonh and described in tl+~ prantiny and
habMdwn daw~s Frrsof. ~+d wcfi Rsoeiver sh+ll hiw all tM broad a~d effactive fun..:au and powers in anywise entnnted by a Cowt ro a Recehror. and
such sppointment sMll bo m~d~ by wch Court as an ~dmitted eqvity ~nd s m~tta of absoluM right ro said MORTGACsEE, and without referenu to tFN
adequsq or in~daqwcy of th~ vdw of th~ propNty mwt9aped w to th~ wlvency w iesolverKy of said NIORTGAGOR w the defer~dants, and tMt wch
r~n~s, profits, i~+can~, issues and ~wenws sMll b~ ~pplied by such Reuiver sccordinp to th~ lien or equity of said MORTGAGEE u~d the pracrics of such
Co~rt.
8. To duly. PromPtly a+d fulh Parfonn, dischary~, ex~cwe. ~ffect, aomPkle. ~omp1Y with and abid~ by esch and ewry the stipulat7o% +DreameMS.
conditions a~d coven+nn in aaid promissory ~ot~ and tha mwtyay~ sat forth.
9. That in the event ths ownenhip of tM mortgaped premises, or any pKt the~eof, becanes vested in a pe?son othar th~n the MORTGAGOR, tM
MORTGAGEE, its wccessors and assi~ro, m~y, withou~ notiq to the MORTGAOR, deal with such suaesso? or wttessor in i~tereit with refaence ro this
mortgape uid the debt hereby secur~d in the sam~ m~mer as with Nbrt~apw witho~rt in ~ny way vitiatiny a dischsrying the Mortya9wa' liability her?
under w upon the debt hereby ~ecwed. Nv sak of th~ premiset hereby mortpsped and no fwlxar~noe on the put of the MORTGAGEE or its wocesson
or assig~ ~nd no extensan d the time for ths p~yment of the debt hereby secured yrven by the MORTGAGEE a its successon w~ssipns, ah+ll opaate
ro mku~ discharpe, modify ch+npe or affset tM oriyin+l liabiGty of the MOItTGAGOR herein, ~ither in whole or in part.
10. It h spec;fic~lly ayreed that time b of ths euence of this co~tracl and that no wsiwr of any oblipaYan herevnder or of ths obliyation se-
cvred Mr~by shall at ~ny time thers~h~r b~ held ro 6e a waiver of the temu hereof or of tMe irntromem secured herby.
N_Ja~ ~iwn ro the fwego:ng monthlY paymenta of princ:pal ~nd Interesf roquired by the promi
and agrees to psy to m with each monthly payment an addirionsl sum estimated by mort o eqwl w 1/12 of the annwl cost of the follow-
'ng:
A-All real property taxes levied or assessed agains re+l eshte. .
8-Premiums an fire a~d windstorm inswarxe n requ~red fo tlx improvemenb sit~ate on fMe above described premises.
C-Premiums on such mortg ry ins~rar~ce as mortgagee shsll from time ro t~me cury a+ the loan searred hereby.
Mwtgsgee shsll me fo time notify mortgsgw in writirg of the amount due and paysble hereunder a s eu be due and
~ payable on t te of the next monthly p~yment and each successive month thereafter until mo?fgagee shall notify mortgagw of a '
~ a wms shall be applied by mw?yagee ~oward the payment of real property taxes, insurance prem~ums, and morfgape guaranty inwwnp
~ erni~xru.
IN WI1NE55 WHEREOF, the said NIORTGAGOR has hereunto set his hand and seal the day snd ysu fint ~foresaid.
~ Signed, Sealed and del'rv~red in tht prwnoe of: ~
~ ~ ~
~ ~m~t it B ~P.rG v~[ • ISu~
rs.n
~ ~ST Of FlOR10A ~ _
St. Lucie
,,,~~W ~ ohn Leon M rtin r a~,d
vonne athleen Mart n w;~e, to mt well known and known to nw to b~
individwb dewib~d in ~nd who ~~cut~d th~ fonpoirq instn~nt, and ~cknowladped before rn~ that tlwy uncuted ths sarn~ fa th~ pwpw~s
A„d ~~,;a Yve r+p Ka h7 ~n Marti n
,,,,,f~ af rM Nid John Leon Martin. Jz . - ,„po.~ ,.ep..n. ,~d pri~.a
exaenination by m~ tsk~n se~raq and apart fran her taW husb+nd. +dcnowkdped to ~nd befwt rn~ that sh~ ~xecutad said ientrumant.fredr_ and volwr
t~rily and wifhovf any eomp~ioe, c.oostrainf. ~ppreh~r~sion,'~ hM of or from Mr said Iwaband. '
wrrHESS mr ~,.~a «,d offici.~ thk a 7 d,p of M rc h . 19 69
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~ • FILEO AND RECORDE ~„y ~k i„ ,~d fa s~,~, o~ , t.r~; .
~ ST. LUClE CQUP~TY. FLA. INy co.~s.~or~ .3~,tJt- Q, ~ ~y' = .
R.n,.n t« t, r : ~ .
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H.se F.d.a1 S.~ i to«~ w.wetaran r~" ~IOT~/Y nlUC. iTATE Of FLO~~N. v:~:
~ i'7644 MY COMMISSION FXPIR~c (1EC. . ~ ~t ~'r-
Of Fort P~erce. ~ ~oco iNeouoN ?R~o w. o~c~ts~~b •7 ' . ' V :
~ F«t Pb.ce. Fb.d. ~ . 3 ~ = >Q . :
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'69 A Z ~ • ~ ,r; ' - ~ /
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t ~ S T,'. ; ~ i
This Instrument Prepared By 0 GE R PO~T~?
Fr:t Federal Saving: b loan Ass~~ ~~aeu~T COURT
of Fort Pierae
ChedCed By T_ r~~~ct~4n _
600K~~
cf
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