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S. To plaa ~nd contGwously kNp on th~ buildinp~ now or h~~aftw ~ttw» on wid land ~r~d on dl pvipen~nt ~nd p~nonally oowrd by tF?4 mo~q~
p~o, with all pnmivm~ thKwn p+~d in full. fin hswa?o~ in t1t ~rswl uandud policy form, in • win aoprowd bY tM AAORTGAGEE, u~d windttonn
in~wanc~ in tiw vswl uand+rd pol~cy fwn~ h~ wm ~pprowd by ~M MORTGAGEE. b+ wcl+ ~on+P+^Y o? comP+nia a tM MORTGJ?GEE n?+y
d~nctt and ~II fin and winditorm kuwana poiki~s on ~ny of ~aid buildtnp~„ ~ny inhr~at tFN~ein o~ p~h thKwf. h tl» +ppre~aq wm afaraaid a
In ~xasf tM~wf, sMll ca+t~in tM ~w+l sta~+d+?d morp+pk d+us~ a such Wha dws~ as tM Mortp~ye~ may nquin. m+klnp tM Iws undK s+id po1F
ci~s. tath and ~wry. WY+bb to s~id NWRTGAGEE N iq intKSSt rtwy ~pp~~?. ~nd ~ath ar?d ~vKY wch Policy sMll b~ promptiy +ss:~~d u+d d~livend to
~ny Mid by aid MORTGAGEE a~ funhK s~cvriq to wid mortyap~ d~bt, +nd. ~+ot las th~n t~n (10) d+y~ i~ ~dv+nc~ of tl+~ ~xpir+~ion of each pol'~cy. ro dr
IivM to said MORiGAGEE • r~newal tMnof, ~op~tha with ~ na+pt fa tM pr~mium of ~~ch renewalj aod th~n ~MII M no fin or wind~to~m inwr~u
pl~pd on ~ny of aid build'ags, ~ny interest thsr~in o~ pan th~nof. unl~u in tM form ~nd with /M bu p+y+bl~ u ~fwes~id~ and in tM twnt ~ey awn
of morny becams p+yaW~ undN wdi Po1M? a Polici~a ~+~d MORTG/1GEE ahall h~w ~M optio~ to r~ceive and ~pply th~ wn~ on +ccow+t of ~M ind~btsd~
n~ss ..cw~d h.nby a. to pKmi~ said MdtTGI?GORS ro nuiw and ua~ h a any pat theroof fa other pwposes, without thaeb~ waivinp or rnptir-
i^y +^Y ~W??it1l. liu~ or ~i~ht vndK or by vktw of thb morty+Wt and io tM ~vent ~sid MORTCsAGORS shall fo? sny rtawn fsll to keep tM s~id praniws w
inwred. or fall b dalivK praeptly ~ny of said policia of &nur~nc~ to s+~d MORTGAGEE, a fail promptly to pay fully ~ny premium thsrefw a ln ~
resp~et fail to puform, dtschar~. ~xecv» ~ffact. canPlet~. complY wlth u~d abid~ by this eownu+t, o~ a~y psn Iweof, said MORTGAGEE may pl~ ~~+d
paY fa such irowanu or ~nr part th~nof withow w~hinp w aff~ctinp am option, li~n. pviry, o? ripht undar w by vir~w of this Mort~~pe. and the
full amow?~ of each and ~vuy avch p+ymMf shall b~ um?edNtely dw ++~d p+yabb u+d sh+lt beu G+terest from tM dat~ thereof untll p~id ~t th~ rah of
nine per antwn pa ~orwm a+d topether with wch interest sh+tl be sacur~d by tM li~n oi this nwrpa~e.
4. To pwmit, cannit o? wffu ra wat~. Imp~kment or d~hrioratia? of a~id prop~rtp or any Wr1 thx~of.
S. To p~y alt ~?d sinpular tM cosn, clwp~s +nd ~xPN+s~s, i~cludin0 s na~on~bb ~itwn~y's fa~ and aosn of abshads of titl~. incuned o~ paW N
any tirn~ by s~id NIORTGAGEE, b~cavs~ a in ths ~wnt of tM failwe on th~ p~rt of 1M s+id MORTGAGOR to duly. promptl~r ~nd fvlly pe?form, discMr9R
execw~, ~ff~a, oompl~te, oomply with and abids by ~~ch +nd ewry the itipulatiau. agreements, conditio~s, and oown+nts of said promissory ~ote ar+d thif
mortpa~ any o? eitMr, and said costs, chu~a and exp~nse~, ~ach aed ewry. sh~ll b~ immediately dw and p~y~bl~: whether a not tF~~ b~ notia d~
mand, ~ttempt to oolkct u wit p~ndirgj and the full arrw~nf of each and rwry urch paymeM shall bssr i~terest from the d~t~ thtreof unNl p~id N tM
rate of nin~ per e~ntvm per aruwm; and all said cotts, chupei and exp~nses incwrsd or p~id. togsther with wch interest. sh+ll b~ sscured by tM li~n of Nw
^~o~l~ap~• "
6. Th~t (a) in the ~vem of sny brsach of tF~is Mortyap~ or d~fault on the psn of tM MORTGAGOR, or (b) in tM ~vem any of w~d sums of ma+~y
herein r~fened to be ~wt promptly and f~lly paid within thirty (30) days next ~fter the same severally become due and pay~ble, witho~l dem~e?d o~ notice.
w W in the ew~N each snd every tM stip~rlations, agnemenn. conditioos and coven+nn of ss~d promissory note snd th~s mortpa~ any w eithe? an no1
iuly, promptly and fuly pe?form~d, d~scharyed, ex~cut~d, effect~d, compl~ted, complied with and abided by, tMn in either w aMr w~h went tM s+id ap~
gregate sum mentia~ad i~ said promissory ~+oro then rem+inirg unp~id. with imerest acvued, and all ma~eys secured hereby, sMtl becom~ dw and pay~
able forthwith, w tharesher, at tM option of said MORTGAGEE, as fu~y ~nd compl~tely as if all of the said wms of maiey were o~ip'uully ~tipul~ted
ro be pa~d on wch day, anrfhinp in said promissory noh or h+ this Morf~spe fo ths tontrary ratwithstanding: and thereupon w thereaha ~t the option of
said MORTGAGEE, wirhout notice or d~m~nd, wit at law or in puity, thereforo or theresfier beyvn, may be prosecuted as if ~II moneys s~cvr~d hatby
had matund ~at to in i~atiturion.
7. Th~t in the eveet th~t ~t tM begi~ninp of or ~t sny Y~me pead'rg aey wit ~pon tha Matgage, or to fweclos~ 8, w to reform it, o~ to ~nforu
payment of ~ny clsims hereunder. said MORTGAGEE shslt apply to the Covrt having jwisdiction thereof fw ths sppointment of a Receiver. such Court sh+ll
fwthwith appoint a ~eceiver of taid morty+ped properfY all and sinyular, uxludmg all ~nd singulu the income, profits, iswes and r~venues from wh~t~ver
aowce derived. eack snd every of which, it beirg expressly w~dentood, a hereby mortgsged as if spec;ticalfy set forth and described in ths prantinp and
haba+dum cla~sas hereof, and wch Reoeiver sh+ll h~ve all the broad and effecrive fuectans and powen in ~nywise entrusted by ~ Cou.t to • Receiva, and
•uch ~ppointment shall be made by wch Gaxt u ~n admined eq~ity and a er~tter of absolute right ro said MORTGAGEE, ~nd without refererKe ro tM i
edequscy a in~deq~acy of the value of the property matg+ged or to the solvency o? inwlvency of said MORiGAGOR or the defendants, and tlut such
rents, profits, income, iuues ~nd ~evenues sh~11 be applied by such Reoeiver ~ccording to the lien or eqvity of said MORTGAGEE and th~ practic~ of svch
Court. "
8. To duly, p?omptly and fully parform, d7schsrge, execute, effM, compkte, comply with ~nd abide by each aod every tM stip~lation~„ syr~ert~eoa, `i
conditions and oovensnts in said promissory note and tha mortgags set forth. !
9. Thst in the event the ownership of the mortgsped premises, or anlr Part thereof, beaomes veated tn a perto~ other than the MORTGAGOR, th~ ~
MORTGAGEE, its svccessors snd assi~ns, maY, without ^o~ice te the MORTGAOR, deal with such wccessor w wccessor in interest with ?eference to this
mwtgape ~nd the debt hereby secured in the same m~rr~er as with Mortgagor witlwut in any wsy vitiatinp or disch+rping the Nlortyagon' lisbility herr
under or ~pon the debt hereby secvred. No sale of the premises hereby mortgs~ed +nd no fwbesrance on the part of the MORTGAGEE or ib auaesson ~
w suigr?s and no extensioi+ of the time fw the payment of the debt hereby'secwed yiven by the MORTGAGEf or its sucoes:ors or +ssipr?s, sh~ll opsrat~ '
ro release, dixhsr~e, modify ch+nge or ~ffett the wigin~l liabiliry of the MORTGAGOR herein, eithet in whole or in put.
10. It b specifically agreed that time is of th~ essence of this contr~ct ~nd thst no wsivat of any obligatan hereunde? or of tF» obligation sr
cured hereby sh~ll at ~ny time thereafter be !?eld to be a waiver of the terms hereof or of the lnstruma+t secwed herby.
n addition to the fwtgo:ng monthly p~ymeots of print'pal and interest required by tlx promisswy note setured hereby, nanb
and agrces to paY n~or~ja~j each monthlY payment an add~ranal sum estimated by mortgsgee to be eqwl to 1/12 nual cost of the fdlow-
ing:
A-All real property ts:es kvied or assessed against the a real e
B-Premiums on fire and windstorm insunnte as hercin requ~red med on vemenri :ituate on the above described premises.
~-premiums on such mortgage guuanry insun gsgee shall from time to time deem fit to the foan secured hereby.
I Nlortgagee shall from time to Y mortgagw in writirg of the amwnt due and payable here~nder and such s II thereupon be due and
payable on the due dat next monthly payment and each succeuive month thereafter u~til mortgsgee shall notify mortgagor nge in wcfi r
l amo~nt. Su s all be applied by matgsgee toward the payment of real property taxes, inwrance prem~wns, and mwtgsge gwranty nce
~ pr
{N WITNESS WHEREOF, the ssid MOR AGOR has here~nto set his hand and sesl the dsy a~d ye f' t aforesaid.
and ed pre~ence of: ~+L~ J~
(7 n
~ ~ ;
~ t
ary . er ~ i
~ STATE OF FIORIDA !
St. Lucie I ~
courm oF
~ef«~ n~ p~na„~~y ~pp„nd Charles S. Butler a~d
~i arv H. B utl PS l,;, w;re, ro me we~~ krwvin, .na krwvin+ w me w b.
rhe individwb defcribed in a~d who execut~d the forpoirg instr~t, and acknowledped b~fare rrw that they e:ecuted the saeeM fw th~ purpwes
rr,~.~~, .~,e.~d, ~,a ~n. „i • Mary H. B utle r ~
Charles fi. Butler ° ~ i
wife of tM said • sRi++~+~lq.~?d prhr~M .
ex~min~tion bp m~ taken sepuat~ ~nd apart from he~ s~id fwsb~nd. +ckiwwledp~d b and befon rtr th+t ah~ txecuted s~id irutruma~t•ftrNy and volwr
?~rily aed wHhout ~ny oompufsioo, oonstr~L?t, ~PPr~hansion._9? h~r of or from her wid lwsb~nd. - 'i;:;
r~. ~ il ~6g :
w~rNESS my h.~a «,d offki.~ ..d th~ / 7-" e.,, ~ A r w. ~c:
~ A ,
s a?--~-~~~~ rf G"L,c' ~J~J "
Notary Publk in aid fa tM State. ol~brid~ a1• l~rp~ : :
FILEO aN0 RECORDED~ ""y /1-- ~i : ~ =
a.~, T« ST: LUCtE COUNTY. FLQ: ' '
Fira F~dKd savirgs t Lo.n wssociat~oo P F C 0 R n V~ R I Ft E D i; . -~'c;
Of Fwt P~erce. ' " . , . ~ :
Fwt Pierce. Fbrida ~
'69 APR 14 AN 10: 35 d'" - ~ ~
This Instrument Prepared By c"'~ ~
Firat Federol Savings b loan Assotiation ~OGE? r 0lTR~S
~ of Fort Pierce CLERK CIRCUIT COURT~
Chedced By R . Ke?yes
0 .
, ~ ~~17s ~.,~p? ~
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