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Ts pt.c~ Md t4~1Ywa+~v ~P o~ Nr butWM+i7~ now ~ hK+.fN~ ~1wN on N+d Ird awd m aIl .quip~wrr ~ prww.Nr ~w~ r1l ~~4 F
p~. wi~A ~II P?~n~ Mw~~a+ P+id in h~ll. fin MMw~ in Ny ww1 awd~d Po1Kt1 iarw~. In ~ w~ +vww~d bt? ~M MOt1GAGt4 ~+~iMM~rw s
YMV~?~na M 1M wwl uand~d po1Kp Ip~ M• wM ~PP~~~ M? ~M Mi0Ri0ACifE. ~~co~w~p~Mr~a~~
~N ~ a~ `
dM~ttJ snd ~N fin ~nd vvM~d~lorw inwr~ policM~ on ~ of Mid Ou~Mlw~~. ~n1r ~YO«W
In ~:aM Nwwl. aMll canuln elr ww1 wanda~d ~anppN clww a wch aMr clMw~ ~s Ny AAa1op» n~t? T+~?ino N+~ 1oa uwiw Ni~ /MF
ci~s. ~+ch ~nd wKY. WY~bb 1s aNd MORTGAGEE q iM iMN«I w?h? ~pp~M. ~d NcA ~id twry wd~ po~kll ~IwN b~ P~~Mh/ ~qn~d ~nd ~rM~i N
.ny I~.~d bp u~d A~ORrw?GEE a tw+M. s.cw~ry ro uid mor~p.p. d.W. .nd. na bf~ ~h.n an t~0) d.a tn adv.nc. 01 N+. u~p+r•„a? d~ach pa~ic~r. w d?
IivN b wW MORTGAl3EE a r~newd tlw~oi. ~opNMr with ~ nuipt fa tM pr«s~iu~ oi fucb r~wali ~nd liwn ~I?~!1 b~ no lin a w'wdf~am 4+wrana -
p1.o.d on aey of uid bwldiny~. +iw inn~~a N+K.A+ a p.n tM~wf. vnl.u Iw th~ ionn and witA M+~ 1a. p.r~M «•ta.~.~d, .nd 1n Nr .w~w anr wIN
of nwi~y b~aonw pap~bb w~d~r wd+ potky a polici~s ~aid MORTGIIGEE shrM h~w ~M op~ion a nuiw .nd apply ~M w~. on .c~,o~nt of N» ind.Wed~
rMq NC1K~ INf~ O/ b pMtn11 NW MORTG~AGOR~ IO ?~qiW M1d YN it Of Nly P+rt tMrwf Iw othe~ Fv~!~ose~. wi~Faut ~he.ebr wa7vi~g a unpai.-
+no «~r .qu~ey, li~n a.ipM ue~ a br virtw of M~ ~no~ep+p~i «+d fn ~M ~wm w~d MORTGAGORS sA.ll fa ~nY ~~asan fail to k~rp tFN sau! p.~miw ~o
in~w~d. a fsq b dNiw. p~ae~tN ~yr. of wW Polici~s ot i~aw+"c+ b aid MORT(iAtiEE. a f~if prompNy ro pay futlr any p..~niwn tiwr~for w in any
r•~p.a Fail a pufann. diacl+~rp.. ~x~wt~. ~ff~t1. oon+PlN~. comP~Y wi~A ~nd abid~ b~? ehit ooven+nt, a~ny pan M~~al. said MORTGAGEE ~nay pNCS ~+d
WY fa wd~ Msw~not w~M? P~ `""tlwll M~iatdp du~~a~+d qy~aW~ ~+d shal~~bw int
est f~om Nw daN therw~w+his ~Mw~Qp~, and to • ,
full amount of ~ach w+d w~ry wd~ payn~M i
nins pa aerum p~r Wrwm ad topt~ha with wch lnte~es~ sh~ll k» secu.ed bjr tM I~n of tNs mortp+9~• 's
To p~rmtt. oanmlt or svff~r no~ wast~. YnP+irmNU a detuior~tion of said propKty a+ny p~rt tbeaoi. ~
S. To pay ~II and sfnpular. Na oosts. cMr'W~ ~nd ~xpMws. includ'~np a rea~a~abM ~ttorn~y'~ fN and aosn oF sb,rr•c~s of ~itl.. inc~n~d a pa~d ~t
any tim~ by said MORTGJ1GfE, buwa w 1n the ~w~t of tM iailun o~ tl+~ p+A of th~ seid MORTGAGOR w duly. p~omptly ~+d ivllp p~.for~n, d~fcM~
~xecut~, effed, tar~plet~. aomPb with ~nd abidt by ~ach and ~w?y th~ stip~lationt. +prs~ma?~s. conditioro. uid oownao~s of said pomistory ~oN and th~t :
morcyap~ anY w eith~r. and said costa. chuyes ~nd exp~nws, ssch and wKy. sh~ll b~ hw+wdiahly dw ~nd payabh: wherMr w na tMr~ be eatice ds ~
mand, att~enpt to collect a wit pH~dinp: ~nd tM full ~nowN of ~ach and ewry wch Wym~1 d++ll bea. interes~ from fM dab therwf until p~id at the
raee of nim p~. centwn pK anwm: +nd all siid owts, chupa and ~xp~ns~s ina+rced e? Wid. ~opether wah wch im~rat. sF~all b~ ucw~d by the li~n of thw ~
~
6, ihst (a) in tM evint of sny bread~ of.this Morty~pe or dtfault on ths p~rt of Ihs MORTGAGOR, ar (b3 ~ t~+s ~veM ~oy of s+id swns of mon~y i
herein ~~fard to bs not prompty ~nd fully paid wi~hin th~rty (30) days next sfter tM sam~ ave.aly bac«ne due u+d payabb. wi~hour d«nand a no~io~,
or (c~ N the event each +nd every? the stipuktions, agreaments. ca~dNions and cown~nb of s+id ~omiuory note and Uws mortp~pe oRy a ~ither ~r~ no1 '
iuly. PromPtly ~nd fvty perfwm~d, d~scl~sr~ed, exeound ~fhc+ed, canPlend. oon+P~ied wit,ti ~nd ab~ded by, then in either ~ aMr such went tl» uid ~
gregat~ suen mentionad in said p?omissorY note then remainirg unpaid, witF~ interest scuwd. and all ~noneys secured hsrtby. shall beaome dw and Wp
sble fonhwith, a tMreaha. at tM option of said MORTGAGEE. ~s fvlly ~ui oompletely ~s ff all of the said swns of mwNy w~r~ orpi~wlly s~~pubfed
ro be paid on wch daY, anythiny 6+ said pron+'asorl? r+ote w i^ Nws Mo?ro+~a ro the contnry notwithstandiny: and thereupon w thereafter at th~ option of
said /NORTGAGEE, without ~wtice w dem~nd, wit at law w in ~quity, tl~adon ar there+her ba9un. m+y be Proxcvted u if dI ma~eys wwrad hasby
rwd m.tured pra. ro in in.tin,ran. .
7. Thaf in tM went that at the beyi~nirg of a ~t ~ny tirM pN+d~+p +nY a+it ~?Pe^ thp Mwt~sg~, a ta fweclo~ h. a to nform H, or to u~foro~
paymen~ of ~ny daims herevnder. s~id MORTGAGEE ahsll apply to the Caxt havag jurisdictan thereof fw the ~ppointment of ~ Rtceiver. avch Cow1 shall
ForthwiM sppanl a nceiver of said matp+yed proPerhr +11 ~nd siny~lu, indudug all and sinpulu the inooms. profits. issws and ~~v~nws f.om whattver
iource derivtd, each and avery of whicl~, i1 beirg expressly uoderstood, is hereby ~nwtgsged as if speci(iully se1 tor~h and dswibed in tl+e Qrantinp and
habendwn ctauses hereof, and wch Recefver shali hrw ~It the bro~d and effectiw functans and powe~s in anyvrise entrwted by ~ Cowt to ~ Rsceivs~, snd ,
such sppointme++t shall be made by wd~ Cowt u an ~dmitted equity and s msner of absolu~e riyht ro s+id MORTGAGEE. and withouf nferenc~ to the
edequ~cy w in+deqwcy of the vsl~ of the prope.ty mwtgsged or to the sohrency a insofvency of s~id 1NORTGAGOR a rhe defend.nts, a~d ~hst such ~
ronrs, profits, incorne, issws +ed reveiwes .sh~ll be appliad by wch Receive~ ~aordinp ro tM lie~ or p~ity of said 1NORTGAGEE u+d ths pr~ctict oF ~uch ~
Court. ~
8. To dvly. PremPtly and fvlly perfwm, d'achar~ execute, effect. compkro, con~lY with u~d abide by exh snd every ths stiqrlations, p~s«n~nts.
cw~d~tions ~nd ooveoana in said promissory nots ~d this mort~ap~ set forth.
9. Thst in the cvent the ownership of the morty+Qsd Pn~^ises• o' a^Y W~t the*eof, bcoomes rested in a peno~ other tMn tM MORTGAGOR, th~
MORTGAGEE, its ~so~s and assiyr?s, m~Y. without notip 1o the. NWRTGAOR, dtal with such' wccessw or successor in inttrest with r~fer~e b this
mortyape and the
de~
b~ hereby secured in tl+e ssrne m+nner ~s wi~h Mortgsyo? wi~hout in any way vitiatu~p a d~s:h~rpirg the MwtQapws' liability he~r
under a upon the debt herebY secvred. No sak oi the premiaes hereby mortp+ped u~d no fwbearance on the part oi the MORTGAGEE a in waessora
or auigns ~nd no extension of the time fw tFk payment of tlx debt hereby secured piw~ bY ths MORTGAGEf w in sucasiors or ~ssipns, shNl opK~N f
to rekase, discMry~, modify chsnge or ~ffed the oripinal lisbility of the MORTGAGOR Imein, either in whole w in part. :
F~ ^ r
10. h h specifkaHy a9rbed tF~af ikni it` of tM ~~o~ this~ooNratt'~rid th+t no wa'~wr of a~y obl'~gaYan hereonder w of tM.a~l~on sr '
cured h~rebp sh~~l af My t~ne thereafter be held to be a w~ivK of the termt hereof or of the i~atrunent secured herby. ~z~tii!X~rJc~~~, .
11. In addition to t~±e forega;~g monthN paymer+b of,princ-pal ~rd interesf required by tbe~promissory nqte secwed hereby~• O~vn~11s
and agrees to pay ro mortyagce with e~ch momhly payment an additanal sum estimated by mortyagee ro be eqwl w 1/l2 of tFie aa}r~' "~ol~
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A-All re~l p?ope'fY fsxes ~evied or suassed againit fhe sbove daaibed real estm. ' i~ , i
B-Premiums on fire snd windstorm inaursnoe as 'herein req~~red to be carried on the improvements -ituate o~ tha sbove=d~ ~ ;
C-Premiums on wch mortgage gvaranry inwranoe as aMOrt9+gee~ s h s i l from time t
o time d e
e~ n fit to cu ry on th~ ban secoe~{t 1 y~-`~ ;
; Mwtgagee shall from time to time notify mortgago? in writiny of the amount due and payable hereundar and such wm si+a~~ i~-
i payabla on fhe due date of the neat monthly payment arwi exh sucoessiw momh there~fler until mortgsgee shall notify mortga~al.~~ :
~ amount. Sud~ wms shalt be ~pplied by mort9a9ee tow rd the payment of real property taxea, insur~nce pran:ums, snd mott~+~~p~.wAu~i?~t " `
i a~~,,,~. • : ~ILEO ANQ R `C R F~Q ~ Sa ~ ~1 ~
IN WITNE55 WHEREOF, the said MORTGAGOR ~.l~J~t~~ ' ii ~ r
~ 5gneel, Sealed ~~d del ed in the preience of: f~ r%' f- C ~ ~
~ ~.,~L., ~9595~ - ~Y: , n ~
~IY~.I ~F "~MMA'~~$~6 ~ ' ~ ~
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CLERK CIRC(~jIT COURT
STATE OF FLORIDA COUNTY OF ST. LUCIE ~ ~
1 HEREBY CERTIFY, Thst on this ~--f~_dsy of July , A.D. 19 7O , ~
before me personally appeared Josepb P~oni a~ " Blanche P~n~i _ . '
respectively PresideM and Seuetary - , of
~ ~athQt Invast~at Co. Inc. Rlorida Co~ ration f~ h~e ~
hl~lz _ ~ , a Po r ~
~ known to be the sons described in and who executed ihe for i inatrument, and severall ackno f~hs e~ca-
per ~ ~9 Y ,~Y~A~,. ~
cution thereof ro be their free act and deed as such offioers for the uses and pursoses themin nK~r~ti'~a+p~e~d~, ~~ttd;t~l~~'1~ts~ '
. , :
d~•:~F'~ ~Po 4 ~
affixed thereto the official seal of said corporation, and the said inatrument i: the act and ~~0ia ~ tidr~ ~
, ~ / ' . t' :
WITNESS my hsnd and official sssl at Fort Pieroe said aounty snd :ts1~, ; =
, t, : ' 7 , : ~
This inst=usaat pzepar~d by - ~ ~ ~
John W. Collins Notary ublic, :n snd fa State and Coyn1~'e~p~eid:`;~ :
Fizst R~tal Savi~qs and Loan ~y?y ~mmiuion Expira~ .
Association ot Rost Pios~, Florida r~'~
MY COMMISSION EXPIRES'86PT: 1l73 :
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