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Te pl.o. .~a oa+~i~wa?Ny k..p o~ tl~. a~iai~q. r+ou, a M...N.. .i~v.» o~ uw I~d .~a w~ ~I~ .qu+o~»M «d wno~alh cow..d ar +h+. ~ono.
qw wi~h a{I pM~u d~~on p+fd in fu11. fih Mrw~na in !M vw+l swrMrd Polkll Eon~. M~ twe ~PP?owd bv N+e MORtGAGEE. and wind~wnu
MNUr~ in Ny uswl Waedad politp fonR M i wm ~ppror~d b1? tM MORTOAGEE. in wd1 canpMr o~ oompasws N th~ MORTCrA~iEE a~
dnc4 ~nd aN Hn ~nd wind~lan~ M~unnp policiN on ~ oi ~eir buildi~t„ Mnl 1nNrwt 11?~r~in a put tMrw(. M th~ a0prp~M ~wn ~for~W w
N~7IpM I~MI~O{. {IMII COIN~~11 NN YlWI q~Md wi0llvi0M tIMlM p iYCI? 01AM t~14N M 1IM M0~1~i0N ANy fpuM~. mi~{n0 thf 10~{ Vf~M N~ p01~
d... ..d~ .nd .w.y. wwbb a ssw MoOTOwtiEE in +n~.a m.y app..?. ~nd ~.d+ .nd .vatr wd~ vaklr .hd~ b. p~ompNy .~s:9e.d «+d d.uv~r.d ro
Y1r ~Nld by Nid MORTGAGEE q fWt1Mf NWiMy 10 Mld nqtt~~ d~W. Md. f10f (~M t~Wf 1M (1~ ~yr~ 7n ~vNKt O~ tAf fxpl?NI011 Of ~Kh POIitY. b d~
liv~r b ad MORfGAGEE ~ nn~wal t1»nof. wpNhK wi~ ~ naip~ fa M» prmiiun~ af wd~ r~w~y and d+K~ sMll b~ eo f~n a w'u~ram imwa+c~
plaad on ~ny o1 ~aid b~?lldie~„ any Mf~.~u M~ahn a p~.t tMrwf, unbs~ in ~M foan ~nd wi~h th~ loss p+yabl~ a ~fonsaidt ~nd in th~ ~v+nt anp ~wn
of mawY b~ooma p+yaW~ w+dK wd~ poticy or polid~s s~id JI~('HtTGAdEE shall h+w Me opfion ro no~1w ~nd ~pply tM sa~n~ on acca,m of tM ~ed~
nNS Ncw~d lw~tby a b pKmH s~id MpRTGAGORS 1o naiw ~nd uN N a u~y parl th~nof fa ather purposet wi~hovl ~he~eb~ waivi~~y o~ ~mp~'u-
~+~Y ~h. Ii.n or rqh~ w~da or b~r vinw of N~ mo~+p.p.: .nd ~n rh. .wro u~d JIAOrtTGAGORS :I++fl for any rs~,son fajl ro ks.p ~h. s.~d pr.n+is.~ so
Mwnd. a fii! b deliwr P~~+P~H ~M? of ~aid politiq of inawMK~ b s~id MORT(~/1GEE, or 1ai1 P~a^^Pth ~ P+Y fully any p~mivm thtr~fa Qr h~ny
r~sp~et fail a p~f:Y~, d'isehary~. ~xeevt~, ~f4~et. oaRpht~. oomplY wi~h a~d ~bW~ b~r 1Ns oown~eN, a~np put iwr~of, said MORiGAGfE may plaoe and
WY fw wzh iraw~na a any p~rt tMhof without waivkg a~ffMlnO +r+Y cW{on, ~Mn~ ~qultY, or r~pM w?~ a by vinw of this llAo~yap~. and t1e
fv{I amount oi sach and wKy wch psyn~t ah~ll b~ imnsdiat~ly du~ and p~Yabl~ ~nd ~h+ll b~u infu~sf hom th~ daN IMr~of wuil p~id N fhs raN o(
~M pa c~tw+n p~r amwe snd ropethN with such intKSSt sluti b~ ~cund by fM li~n o( this matQ~p~.
1. To pKmif. oonNnN a wH~r ~o waN, hnpiirn~t a derKior~tion d aald propKty a any psr~ tMrwf. ~
S. To pay ~11 ~nd ~Mgvtr th~ aoa», eh~rpM and ~xp~nsNr ineivdi~g a?~ason~bl~ ~norewy
• fa~ and oosn of ~bstr~ets of titl~, kxwr~d or p~W ~t ~
am tim~ by wid MORTGAGEE, b~ea~a~ w in tw ~wM of tl+~ faitw~ on th~ put of th~ aid MORTGAGOR eo d~1y, pr«np1Ty
~ria-fully perfam, d'aeMrg~ {
sxacvt~. ~ff~et. oompl~t~. tor~lY with and abid~ by ~ach snd evs~y N+e stipvlation~, apre~enenb, tondltions„ ~nd oovenants of said promiuory noM and this ~
^~~+D~ +^Y w~itha, u?d said cosM. chupes ~nd.~apN+s~s, sach ~nd ~vKy. slwll b~ immediately dw and payabb; whetMr w na there b~ notia d?
mand, ~mmpt ro colled a wit pN+dirgt ~r?d th~ full smoum of ~ad~ ~Ad wery wch p+yment sAatl b~a? in~eres~ from the daM the.eof u~Ml patd at tM
rate of ~ine pes centum pcr aerwm; and atl said oosff„ cMr~a and eapN?:es inaxred or p~id. togetix~ with wch intar~st. sMll b~ secvr~d by tM li~n of Nw
marq~pR
6. 1lWt W in the ewnt of any brtath of this N~ortpayt w dtfwlt on tM pstt of tl» MORTGAGOR, or (b) in the event ~ny of ~aid sums of nwner
herein r~fe?red to Fi~ not promptly and. fully paid within th;?ty (30) days nsxt ~her tM_ s+me sevar~lly bacome due and p~yabl*, without deen~nd w ~otio~.
w(~. tn the eveM each and every tFN a~ipulatioro agr~emants, oonditions and coven~nq of s~id promissory note and th~: mortp~ye any a ti~f+er ar~ ~w1
iuly. promptly and fullY pe~formed, dixharyad. execvt~d, sifeetsd co~ry>terod, complied with ~od abided by, tMn in ei~her a aMr svch wem tM said ~g
greyats sum mK?taeet! in wid promistory not~ thee ~~ini^0 unWid. with inta~st +cuuad. and all moneys secvred herebY. sMq become dw and WY'
abl~ forthwith, or there~he?, at tt» opYron of said MORTGAGEE, +f fully ~nd oompldely as if stl of the said swns of naney wa~e a'ginally ~t~pulated
to bs p~id on wch.day, anything in said promissory'rwts or in.this Mortpsys to tFn contwry notwithstsndinp: and thero~pon or thcreafta at the
ssid MORTGAGEE, without not~ce w demsnd, wit at law a in ~quity, therefo~r ot tF~eefter oP~~ of
had matwed priw ~to its irotitvtion. - ~9~ ~y ~ PfOS~~ted ss if all moneys secwed hereby
7. That k~ the evee:t that ~t the begFeu~Frg of a at arey time pt~nQ ~ny wit upon this Mortyays. or to forecloss it. or to reform it. o? to enfwp
psyment of sny claims he?eunder, s~W MORTGAGEE sAa{I ~pply w the Gourt Mvinp jurisdiction Ihereof for the eppointrr~t of ~ Receiver, wch Co~n sl»II
forthwith sppoiM s receiver of said mwtys~ed pioperfy atl and wguta~, i~clud~np afl and ainpvtar th~ inc+on+s, profin, Issues ~nd revenues from wMtever
soures derived, each sod every of wFirch, it beirg ~xpressly underatood, is her~by mortgaged ~s if apeceficaQy set forth u~d described in the ~?antirg ~nd
habe~dum dauses I+ereof, ar~d such Receive~ shall h+ve +11 1M broad uK! effective firnctans and powers in anywiae entrwled by a Co~rt ro a Receivsr. and
such appoinrment ~hall be msde. by wch Cowr u an admitted equity ~nd s matta of absolute right to ssid MORTGAGEE, ~nd witF~o~rt r~ference to ths
+deqvxy a inadequxy of the v~lue of tM proparry mortya~c! or to the tolvency or insolvency of said MORTGAGOR o~ tl.e defendants, and thit such
rems, profin, iecome, tuues snd reveoues shatl b~ apptied by wd~ Raoeivsr accordinp ro th~ lie~ a puity ot said MORTGAGEE ~nd the practioe of such
Court.
8. To dvly. p?omptly and fully pafam, disd~arpe, exswt~, eH~ct, aomplet~, oomply with and abide by each and every ths stipviations, ayreeme~ts,
co~ditiora and oovenana in said promiuwy not~ and ~ha mo~tys~ set fortA.
9. lhat in the evem the ownership of the mwtyaped premae~, w any pxt ti~eaeof, beeanes vested in • peraon othsr Nian the MORTGAGOR, th~
MORTGAGEE, tn suaesso.s and asfigns, may, wirho~r not;cs to tM MORTGAOR, deal with sud~ suaessor w suaessor in interesl with reference ro this
mwty+~e aod the deM hereby sacured in th~ sams rnarw~ar p with Morty~gw without in any way vitiatug or d7icharying ths IlRort
under a upon the debt hereby secured. No s+le of the premises hereby mort~~gsd and no forbearence on the pan of the MORTGAGEE
o? its '+sv~
essws
w usiyns and no extencion of the tyne fw ths paymenl of tFu debt hereby secured 9iven bp ths MORTGAGEf or its wcuuors w ass;pm, ,ha11 operaq
ro rel~a~. dischupe, modify chuge or affeu the oripawl liability of tF+e MORiGAGOR 1»rein, eithar in whofa w in put. „
: 10. ft Is specificalty agreed M~at time is of _ t?~s eusnce of this coMract ~nd that ra w~iver ot` ~ny obl'gatan herew~der or of ths abliyation sr
cund Mreby sh~ll at any tirna thereafter be he{d to be ~ w~iver of the tKera hereof w of the instrvment secured herby.
1 l. lo additior? to the fwego:ng monthly payments of princ:psl ~nd . inte?est required by the promissory note secvred her~by, mortgsgor eoveMnts
and agrees to psy to mortgagee with each monthly paymertt an addl~ional sum estimeted by mortgagee to be equsl to 1/12 of the annwl cwt of the follow-
ing;
. . ~,{J ; _
A-AU real `property taxes levied or asseued ~gainsi the above descn'bed real estste. ' , ' -
B-Premiums on fire and windstorm insuranoe u herein requ~red fo be carried ow the improvemenb situate on Hw above d~(~bet~t
C-Premiuns co wdr mort8ags 8v+ranty i?awanor as mortgag~e si»II fiom t;me to tvne d~em fit to carry .on the ,{o~
~y~,~~.%
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psyaWe on the duc date of tfie ne~st monthly payment and esch suaessive montl`i thercafter uofil mort~apee sl~att notif~` ~3y~ oF i c!'w~~ yE wch
artwunt. Such wms shall be applied by mwtgagee toward the psyment of real properry taxes, irqwuw prem;ums, aNd~?
1~ _
premiurro. • . : ~ _ 9u~?~i~/,i~jno~
WiTNESS WHEREOF, the sa' MORTGAGOR h~s heraunto set his hand and sesl tMe + .~~J-
~ :
Seaf rhe ae++ce of: ~ first aforeyii~ '
- FILEO AND RECORD~ _ , ; ^
_ . _ . . t,~i. ~UCIE COUayTY. _ ' .
^ ~•-'~3 ~ ~ n
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~1G
; STA7E OF FLORIDA COUI~t~T'.QX7~~?
I HEREBY CERTIFY, That on this .9~ ~~y o~ E~RCUIT C URTJ~• . q.D. Z9 7O
, ,
before me personally appeared K+~lly Hall
~
ras{~?ti~reiyr President awd ~ of F
1[BLLY aDMc'rQCr~rmg mrp~ Rlorida Corporation, to me
known to be the person~ described in and who executed the foregoinQ instrument, and swsMi~r ackno~prledged the exe-
cution thereof to be ~s free act and deed as such officer~~ for: fhe uses and pursoses therein mentioned; and that ~hey ;
affixed thereto the official seal of said corporation, ar?d the said instruttt~t~t is the ad and deed of said corporation.
, .ti~~~~';
WITNESS my hand and officia) seal at Fort Pierce ~,,:~,~id,o~uny and state.
"
~fs ~.s~..~t p:~pasod by
~
JoLp M. Collit~s ~y~ ' ~ ' St and Coun aforesaid.
Risst F~d~t:al Sa?vinQs aad Loan °fY' I "1~ -'~P4 ' 6~ 7• /
AssoCislicu o!` Rolt PiosC~ , Flos3ds M
y _ b~ p~r.~.'~ta1e o1 F{orida at larya
~ • _r ,
O~`° J=~:'~ :~s}~ Cau~missio~ Expira Aiw. b, 1971
~ ~ . ~~/~Q . ` ..~-~~,;~.-!u!~.d. ~t ~rio~iil~frr[` -
ch~ed ~y . ~~fi ~~sjt~`~' - _
~
• . ~r:„ts11.tN!~~. "
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" C~,"~~Y„='~+~~ ~ ~ N~:y.v . { . . . _ ~ . -
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