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To plau ~nd continuously kNp on tM buildinps now a h~r~afia sitwt~ on uk! land and on alt p„tprn~nt u~d pKSOi?atly oorK~d by Mi~ nartp~
p~. with a~l premi~mf tAer~on psid in fvll, fFr~ tn~wanc~ th~ uswl sqndud polky M?m, in ~ wm ap{xowd by 1M MORTGAGEE. and wind~tam
inwr~nc~ in th~ uswl ~tandud polity fam, in • wm ~pprwnd by ~M AWRTGIIGEE, in wch company or compu?i~s a tF» MORTG~IGEE may
directt ~nd NI iih ~ ~nd w'u~di~orm i~wu~a policias on ~ny 'Of l~IfJ M/Ildi~l,~ ~f1~1 IAM1'Ht fMtfJI1 0I ~1~ flltfWl, in iM a~yrsyat~ sum ~fort~aW w
In ~xceu ~Mr~of, sMU cont~in tM uswl tt~ndard ma~pa~ d~u~ a sud+ aM. da~,s~ as tM Ma~ga9.. m~y roqu~n. m+kinp ~M {o~ v~de~ ~aid polF
ciq. Nch and ~very. p~Yabl~ ro aid MORTGAGEE a in iotere~t rtNY +pp~ar. ~nd exh and ev~y such policy ihall b~ promptly ass:yned a++d delirHed ~o
~ny h~id by ~aid IiAORTGAGEE as fwtlwr secvrity to said monps~t d~bt, and, ~ot Itss th~n te~ (10) days in ~dvu?c~ of ths ~xpir~tan of e+ch policy, ro da
liwa to s+id MORiGAGEE • rensw~l tMrwf, topetMr with a rec~ipt for the pnmium of wch ~Mewal; aod tFw~ sMll bs no fih a winds~am te~wru+c~
plac~d on ~ny of said b~rildinp~, ~ny intaqt tMr~in or put tMreof, unleu in tFw fo~m and with tM lost paysbl~ ~s afontaidr and in th~ ~wnt ~ny wm
of nwn~y becorn~s p~y~bt~ undK ~,xh poUey o? polic;es s~id MORTGAGEE sMll haw ~h~ opfioe~ ro raceiv~ and ~pply tM sam~ on ~ccovnt of tM ind~b~ed-
neu sKwld I~eby a b permit ~aid NIQRTGAGORS fo receiw and uM it or any ps~t thereof for other pwpases, without tha~eb~ waivh~ a impair•
r~ aoy .q„~h, lia~ or riyht unda or by virtw of this monp~; ~r?d In tM wenr s~~d MORTGAGORS :hall ia any ~eawn fail ro keep rhe said pnmiscs so {
iasured, o~ fdl fo deliver promptly ~ny of s~id policies of i~sw~na to said MORTGAGEE, ot fail promptly to pay fully any premivm therefp p in an~ F
resp~ct f~il b p~rfon+L dischu~e, ~xecvt~, eHM, comptet~, aompty wtth snd abid~ by this tovenant, or ~ny pa?t herwf, isid MORTGAGEE n»y plac~ ~nd ~
psy for such kau~ancf or ~ny put thersof without waiv'uip w ~ff~ctinp u~y option, li~n, equity, w right under w by virtw of thii Mortpap~. ~~d the
full amouot of ~sth and ~vKy such paymMt shall b~ inrnediately dui ~od pysbl~ and if+all beu interest from thf dat~ thereof until paid ~t th~ ?a» ol
nine par pntum pu anrwm and ttpethsr with wth interest sMll bs sacured by ths IiM of this mortgaye.
1. To p~rmit, oonwnit w wffa no waste, imp+imnent w deterioation of qid propKty o~ ~ny part tl?ereof.
S. To p~y all sad sinpvlar tM cwta, cMrpes u~d expenses includinp • reason~ble attomey's fes and costs of abstncts of titl~, incurr~d p paid ~t '
any time by said MORTGAGEE, b~uuae or m tM swnt of tM f~ilwe on the part o( tM uid MORTGAGOR ro duly, promptFy and fully perfqm, d~xhup~ ~
execut~. tlfec~. tomplete. comply with and ab;d~ by ~ach ~nd every the itiputa~w~s, apreements, ca+ditio~t, ~nd ooven~nts oE sa~d promissory note and thi~ ~
mortgp~ any w a~he~, and said costs, d~upes a~+d ~xpenses, e~ch ~nd ~very, ih+ll be imn?ediately due and payable; whether a not ther~`tk notiu da
mand. ~nempt to oollect a suit pendinyj a+d tM futl arnovnt of each and every wch psymem shall bear intereif from the dat~ thereof ueKl p~id d th~
.a~e of ni~ per ccntum pe~ arnwm; ~nd ~II said costs, cMrqes and .expenses incvrred o? paid, topsther with wch inte~~st, shall b~ sscured by th~ lia~ of thu
^wrt~~0~-
b, llwt (a) in the event of ~n Ixead+ of this Ma }
y tya~ or defavlt on tM part of the MORTGAGOR, or (b) in the event any of ~~d sums of ma?ty '
herein refared to bs not promptly and fully paid within thirty (3p) days next afte? the same severally become due and payabk, without demand a eaY~te, ~
or (c) in the event each a~d every tl+e stip~rbtion~ sgreen?tnb, conditans a~d coven~nts of ss~d promissory note and th~s mort9aye any a eili~cr ~r~ nW !
iuly, prompdy and fvlly pe~fonned, d~scharped, executed effected, completed, compl'~sd with and eti~ded by. theo in either or any wch ~v~M tM said ag '
gregat~ wm meManed in said promiuwy note then ~emaininy unpa~d, with inte~est accrued, and all moneys aecured hereby, sMll betome dw +nd p~y-
able fwthwitM, a theresNa, at the optan of said MORTGAGEE, u fv!!y and completely as ii all of the said sums of moeey were aginally ttipul~fed
to be paid on suc6 day, anythirg in said prom'~ssory ~ote or in ihis Mort~age to fhs contrary notwitMtanding: snd thereupon w thereafter H tM option of
said MORTGAGEE, without notice or demsnd, wit at I~w a in eq~rity, tfxrefo~e or thereafter begvn, may be prosecuted u if a!1 aaneys sscwed hereby
had matwcd pno~ to iri irofitution.
7. TM1 in ths event that at the begiru~ing of or at +ny tim~ peod'ng any wit upon this Mortgage, or to fwecbse it, or ro roform h, p to enfwp
payment of any daims herevnde?. said MORTGAGEE sMll apply to tF~e Co~rt h~ving jurisdKtion fhereof iw the appointment of a Receiver, wd~ Gourt sA~N
forthwith appoint a receiver of said mwfgaged p?operly all and sin~ulsr, includ~ng all and singular the income, profits, issues a~d revenues from whatever
wures derived, eath and every of whith, it beit?~ expressly understood, is hereby mwtgaged as if spetifically set forth ind described in the ~sntinp and i
habendum dauses hereof, and sud~ Receiver shall have all the bioad end effecrive funct~oni and powe.s in anywise entrvsted by ~ Court to a ReceivK, and i
such appointment shall be made by such Cou~t u an sdmitted equity snd a rn~tter of absolute right to said MORTGAGEE, and without referer~ce ro ths
edeq~acy or lnsdeq~acy of fhe wlue of ihe poperty mortg~ged w fo the soNency w insolvee?cy of said MORTGAGOR w the defendants, and that s~ch
r~~. profirs. Incane, issue~ and revenues shall be spplied by s~ch Receiver acco?ding to tha lier~ or eqvity of wid MORTGAGEE and the practice of s~ch
~
8. To d~ly, promptly and fvlly pa?form. dixharg~, execute, effect, complete, comply wi~h snd abide by eacb and every the stipulatioas, agreemenb, '
conditiorq and cover+anq in said promissory rate and this mwtgsgs xt fwth ~
9. That Fn the eveM the ownenhip of ths mortgaped premises, or any part thereof, becomes vested in a penon othe~ tMn the MORTGAGOR, tM ~
MORTGAGEE, ib wccessws and auipns, may, withoW nofice to the NWRTGAOR, deal with such suctessor a successa in interesf with reference to this {
mortga9e and tF~e debt hereby secured in fh~ same manner at with Mortgsgor without in any way vitiating or disthsrging the N~ortgagors' liabiliry her? (
under or upon the debt hereby secvred. No sale of the premises hereby mortgaged end no fwbearaoce on Ihe paA of the MORTGAGEE or iri s~cceswn
or auigru and no extens'an of the Yune for the psyment of the debt hereby secured give~ by the MORTGAGEf or in svccessors or auigrts, .hall opsrat~
ro release, discharge, modify change w affcct the original liabiliry of the MORTGAGOR herein, either in whole or in part. E
10. It h ~ficall reed that time is of the essence of this oontrad and thst no wsiver of sny obligation hereurwkr or of the oblgation sr ~
Y a9
cured h~reby iMll at any time thereaher be held to be ~ waiver of the terms hereof w of the instrvmeM secured herby.
11. In additio~ to the fwego:ng monfhlY paYments of print:pal and interest required by the promissory note secured hereby, mortqagor mvenanri
and agreta to pay to mortgagee with each monthly payrn~nt an add~~anal sum estimated by rtwrtgagee to be equal to 1 f 12 of the annual cost of the follow-
'ng:
A-All real property taxes kvied w auessed against the above tkscribed real estate.
8-Premiums on fire artd windstorm inwrahte as herein requ~red to be carried on tl+e improvements situate on the above deu?ibed prerti~ses,
C-A?emivms on wch mortgsge gwranty insursnce as rtwrtgagee shall irom time to time deem fit to csrry on the loan secured F?ereby.
Mortgagee shall from time to time notify mortqsgor in writing of the artauM due and pay~bk here~nder and such sum ahall thereupon be d~re and
Fayabk on the due date of the next monthly payment and each successive month thereaher unti! morigagee siwll notify mwtgagor of a cbange in wcb ~
amount. Such s~ms shall be applied by mortgagee toward the payment of resl property taxes, insurance prem:ums, and mwtgaqe guaranty inswance
premiums. 4
IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set ha hand a+d seal the day and ? finf sfaesaid, ~
~a.na r in ~ p?~ o~: FILED AND RECORDED
S?. ~UCIE COUNTY. FLA. ,q
-^n,,~ ~,~~;i~,~p ~n
' ~ry~.~ ~ s~ ~
? ~ Fr.i.,v
'fi9 APR 2! At~ I I: 2 I
STATE OF FLORIDA ~ ~
courm of - S t . Lucie ~ ~Y?~'` ~ ~
~C~_-~i? -~~ITrt:,S ~
~ dsfa~ me pvwnslty app~ared L eona r d g~rn..: a~d
` Pe99Y w• BeY9 ~ ..T AA his wife, to me well krawn ~nd known sc me to M ~
; the individwb dexrib~d in and who ~:ecvted the foreyarg instr~mant. ~nd adcnowledped before m~ that they executed the same for ths purposes
r?+.?.b+.xa.a.d. Md s.~ Pe99Y 4+?. Berg ~
wif• ~ ~ w~ - L eonard Berg y ~ . ~ ~
examin~tioa by rn~ taken wparatt and apnt fran Mr aaid hwband, sdu+owl~dped ro ~nd b~fon m~ that sM uecut~d s~id in~trum~nt heely and volun~ ~
r~rily and without ~ery oompulsioo, eonttr~int, ~ppr~MMion, o f~ar of a from her wk! Iwsb~nd.
WtTNESS my h.nd •nd offld.l s.al rhi _ day of A D. 19_~!~
L'' uF j~ L J i-~ i~~ • • Notary PuWic ie snd for th~ Stat~ of Fbrida ~t lap~
DOCUMENTAn"_S ia~•1P TA~ µy e~~~ .~;.e.:
i~ r _ =.-r;
~ j = pPRti'S9'`~''~ ~ - 1.•~ N o
t
a t l? Pr6Gt. Stak o1 Fipid~ i! luqe
o _ : ~~i: 2 ~ ~ 0 _ ~ ~ : ; 1~1? C~wssie~ Eupies Sept. 23, 1969
~ V ~ ; ' _ . M~IN h iw ~ :
~ COMPtROLIER ` ~
~ ~ V ~ ~wMr G_ :
P.B.~~oese .
_ _ • , - 3 ~ • o0
~ r" tN PAYNENT OF TAXES 4
~ = ; ; 'N - :
~ ~E ON CU1SS 'C' INTIWGIBIE PERSCt..ll P'20fER7Y,
p ~ • p(~,~;;ANT Tp C1iAP1ER 20124, ACiS OF 1941.
This Instrument Prepared BY ' -
First Federol Savi : 3 loan Association u- ~ ROffR POITRAS. Gerk Cirwit Court
of Fort Pierce ss A`ent for DANIEL N. KNOWIES. 1R
Chedced By T. Oriscoll .I~`"'~~~tt~~u?~~'``~~, St U~cie Camry T~c Collecta
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