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~.-te pba w~d caNY?u~w?~ Iu~P on ~1» bvildinp~ nsw a IwNfNr WwN on NW la~d ~nd on ali ~qulpn~+t ~nd pKwi+aih cev~r~d bY t1~if n~ap~ !
q~, wilh ~11 pr«nh~ IMhon p~id in ful1, lit~ insur~nc~ in tM vwal Nar~d~rd yolit~? forn?. N~ • w~n pprowd Mr MN MORiGA(3EE. ~td wMKklo~m .
M~wana M ~M wv~l q~d polic~l ia~w~ N~ • ~wn WProwd by ~M IYWliOAGEE. M wch oon~l a~PM+i~ a Mt MORtGAOEE n~?
dk~clt Md ~II fin ~nd wlnduona Mawaea PdiciN on an~? oi ~M build+p~. ~MI tMrsin a p~rt tM~~of. in ~ pp.p~N win ~faa~ld a
In ~ IM~w1. ~A+I) centdw IM wwl Wandrd nar~ppM dauM a wd~ 011~ dwM M Nw Mappw m~tr rp~w~. makino Ur las unda w~d p~p~
c1N. ~atA a~d w~Y. WYab1e b f~W INqRTGA3EE M iu &nNty1 ~y ~M. ~nd ~sch M~d ~vM1? such P~~~11 ~1 b~ p~omplly ~N•peNd a+d ddiwhd M
.ny hdd b~r wtd MORtGI?(iEE a tunhw ..a+riH ro wW mw~pa~. d.W. and. ~wt la~ Nwn Nn (~0) day~ In advanu of tM ~xpMHioe ol Nch oolicl?. b d~
liwr b s~id NWItTGl1GEE • naew~l tlwrwf. Io~~hM wtM a r*a~ ta tM p«nium ot wd~ r~walj and ~Mn aMll M oo fw~ w wGd~~am I~awww
plaad on~ ahr ol s~id buitdieps, a~y in~NM1 tinn~+ a pKt Nwnof. unlas tn tM ionn ad wi~h thi loa p~Y+bM a afa~sdd~ ~e~e! in tIN ~wM aiy ~ww
of mo~y bsca~ pay~bl~ undw wch pd~e1? a policMa s~ld MORTi3AtiEE ahall IMw ?h~ o{?~+on a haiw and ~pply tM wrn~ on acoovnt oi th~ ird~bt~
ewss s~e~nd Mr~by a b p~nNt wW N10RTGAGORS b naiw ~nd w~ h a wip art ~M+wF fa o~hw purpous, wi~hout thaeb~ waivi~~p a~mp+k-
+^D MY ~~h. li~n w r6pht w~dK or bp vi?h+~ of thi~ nwtt~+p~t ~nd M 1M ~wm s~id MORiCrA60RS ~I+all fa ~ny r~aton faq fo kNp th~ s~id p~~misN w
GMW~, Of Iiil b ~IfliWf P~~P~~Y ~ Of NW POIiG~f OI 1MWM1q 10 Nb MORTGAGEE. W faf! prom.ptly to p~y fully My pr«++iwn thw~fw w in ~ny
r~~p~d fdl b p~rta~ dbcMr9t, ~z~cur~, efhct. comPl~t~, oony~lY whh and ~Wd~ by tM~ cov~naM. a aqr put M~wf. safd MORTGA~3EE ~nay plaa and
WY for. wd~ iiwwana a~ny p~H tMnof w3lhout watvinp ot ~H~dlno ath? aWion, ~Nh. puitY. a ripM w~ or by virtw of thk Monpp~. and tM
full aroown ol Nch ~d wKy wch p~yrtwnt sh~ll b~ immdistdy dw ~nd p+yabb and ~h+ll bear W~r~st from th~ d~t~ tMr~of unNl psW tl tM r~t~ ol
nirN pN pnlwn p~t urwm and topH1+N with suth int~?etf shall b~ Ncw~d by 11M Il~n oi thN rn0~?I~ap~. ~ '
4. To pMn+it, con~mh or wNN i?o wat~. ImWinne~t or d~tKion~ion of said propKty a My pan tMrwf. ~
'S. To pry ~11 ~nd ~Nqula tlr ooats, chwp~s ~nd eap«+w~. M+dudinq + n~sawble +1tor+iw's iN and oo~~s of ~bsnacn of titl~, lncwrd a paW ~t
a~y tim~ b~r wid MORiGAGEE, b~cw~ ar in tM ~wnt of tM f~ilun m tir pNt d th~ said MORTGAGOR a duly. aorywr~y .~d ~~iN P..fam, dpch+ro..
•xecvte. ~tha. oompl~N. oo~+p~Y with ~u+d abid~ by e+c1? a~d ~very tM stipul~fioro. pre~nsnts. condition~. ~~d covK+ants of iaid promissory not~ and t1w
mor~yap~ ~nr w ~i~hsr. M+d said coah, d»~4~+ ~fld ~xp~a~a. ~ach ~nd wKy. thall b~ in+media~ely dw ~ed payabl~: whethsr a not ~Mr~ h~ noriu dr
mand. ~tNmpt to colkci or wit p~nd~rps ~nd ths full arnovnt oi ead~ ~nd svNy wch p~yment al»N b~a? Interos~ fran tln dat~ tMrwf uetil p+id et th~
rate of niM per c~ntwn per ~rnwm,; and dl aid oosp. tharp~s aod exp~+ses iowrnd or p~id, top~ther with such int~?~st. shall b~ s~cur~d by th~ lien of tha -
^artp+P~. -
d, il~~ in t!r ~vent of ~ny br~ach of this Mar~ap~ w d~f+~lt on tFr put of th~ MORTGAGOR, o. (b) tn tM went ~~y of s+id s~na of moMy
ha.~+ nhrr~d to ba no1 promptly a+d f~lty paid wirhin thi.ty (30) days n~xt after ~M sarrK ww*a11y becane due ~nd payabls. vrid?ovt dem~nd or notia.
or W in tM ev~m each ~nd ewry tM stip~latiom. ~yrwm~nti, oondi~ions and cov~n~ots of said promiswrY ra~e ~nd this morfpape My O! tit11N ~n ~w1
~uh. P~^P~h and fuly pNfwmd. d7scMry~d, sx~a+l~d. ~fhd~d. complet~d. compli~d with ~nd abiJed by, tFwn in ~i~Ber or u~y ~~rch ~wm tM s~id ~g
pre9at~ wm mentia»d in said promiuwy not~ then nmaieinp u~psid, with intertst acaued. ~nd ali moaeya kcured her~by, ahall b~mme dw and pay-
abl~ fathwitl~, or thKNftN, at tM option of aaid MORTCaAGEE, a fvlly and completely as if all of the ~aid wms of mwwy wer~ wipiMlly stip~rlated
ro be pad on svd+ day. +~tM~g in w~d prom~siory nots or ir~ H~is Mortp~ ro ~M conrruy notwi~hsru~dinp: aad thereupon or thereaha at tM option of
iaid MOR~GAGEE. without notin a d~mand, wit et layv ot in p~itp, tMrdon ot tlx~wh~ bpun, m+y be prosecuted ~s if aN mon~ys ~cund lwrtby
hed m.tw.d pr~« ro~n tnsdrut~on.
7. That i~n th~ went tMt st tl+e beyinninp of or st any tim~ p~ndie~p any wit vpon this Mortppe, a fo faeclos~ H, w to roform it, w to ~nfwa
payment of ~ny claims hereunde~. aid MORTGAGEE shall apply to tM Cowt Mvirp jurisdittion Ihtrsot fw IM appointment of ~ Ret~iver, such Carn d?all
fathwith ~ppoint ~ receiver of said mortya9ed proper~y all and ~npvlu. Mrcluduq all ~od sinyvlar th~ inooms, profin. iuws a+d r~venues irom wMtwer
sowa d~rived, exh ~nd every of which, 11 beinp txpressly w~tlerstood, h hereby mort9~ed a if ~citically s~t fwth ~nd dewibed tn tM yr~ntinp and
habeodwn clavsfs I+ereof, ~~d soch Receiver shall haw all tM broad and eNsctive functions and pov~s in ~nywiie e~trusted by a Coun to a Receiv*r, snd
s~ch appoi~tment shaq be made by wch Cou~t as an admined eqvity ~nd a ma~tK of absolute r'qht ro Nid NWRTGAGEE, ~nd without referenc~ to th~
adequacp or insdequacy of the vslw of th~ property morty+~ed or to tM whe~cy or insolvency d a+id MORTGAGOR or the defendants, and th~t wch
renn, profits, income, i~wes ~nd revenues sh+ll b~ ~pplied by wd~ Rsaiwr accordinp ro th~ fien or pvit~r o1 wid MORTGAGEE and tM practiu of wch
Co~rt.
8. To duly, pomptly and fully p~rfo?m, d'isc?w~, execut~. ~ffM. complste. comply with ~nd abidt by sach ~nd ewry tM stipulatio~u, pr~n~nK.
co~ditiont atK! cora~inn in said pro+nissory ~ot~ and tius mort~ ~et forth.
9. iMt in the cwat tM own~nhip d tM morqaq~d pr~maa. a~nY Part tlweof, becana wst~d In • p~noe otlar Nw? th~ MORTGJIGOR, th~
MpRTC,/?GEE, its suooeuors asid asiipro, rwy. without notice to 1M JMORIGAOR, d~al with such wcc~sspr or wa~saor in imerest with reference to this
mor~yapt p~d the deW h~rebr s~cured in tlw aam~ mamsr u with N{o?tq~pw withouf in ~nr _way vitiatirg-a dixl»ryiop tM Mary+yws' ltsbility Irrr
urwler or upon th~ deW herebp ~ea,red. ~No s~l~ of th~ prembes Fweby nwrtp+p~d and' no fabesr~nw m tlr prrt of tM AA11~ORiGAGEE_ a ih s~xcesso~s
or asu~m and no extensioo of the ~ime fw tMp~ymsnt of the deb~ haeby tscur~d 9~wa by tl~ MORTGAGEE or its wcussors ot aasipro„ sh~ll op~r~t~ _
ro rel~~se. ~xt~~ye. modify charge w. •ffect tM wip'w~l li~biliry of fM M6RtGAGOR Mnin. ~Aha in wlaM a in put.
10. M h specifically ag.eed tFiaf ~ tar~ a of tM esHnce ~ of thb contran ~nd tMt no waiwr of s~ obliyation herMmder or of tM oblip+tion k- .
cw~d Mt~ sMU at my tim~ the~ealtK b~ hsld to be a ~nraiva of t!w hrnu Mreof w of tM imtrument ~ecvred Mrby. .
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11. lo addition to tM fus9o:ng monthly pay~neats of princ:pal and Lnenst nquired by the p?omisrpy oote tecured hsreby, morfyapor cowrwnla
and pre~s ro pay to mort9spee with each monthlY paYmeM an addiiionsl sum estims~ed bY mort~+pee to be eqv+l 10 1/12 of the annwl cost of tl~s fdlows-
• . . . . `i``. L~~i~~iltlftlll/~~''•• t.
A-All roal properfy taxes kvied w assessed agsinst the above desnibed re~l est~te. ~ Ga*~,} ~/i .
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'j -d-Prcmiums on fire and windsto~m insw~noe as her~in roquwed to urried on the improvHnems utuat~ on the sbov~ tl~ ~ ~
C-Premivms on s~xl+ anty inswu~oe as 'morty+ge~ sFwll fran tirr~e to twne deem f'rl w carry on tM la~tr?~ •
Z4~,- ~ y- 3 • t'
MoAq+pee shall from tinN to time r4?~1r ' of rh~ srnoum due and pay~ble heraunder and ~;~nD •
pay~bl~ on the due date of the ne~ct monthly- p~~ -rn6A~.I~+her until mortyapee shall of •~rehr =
amount. Such sums shall be spplied by mortyay4 towsrd the paym~e~f of real properfy t~xes, imw~nte prem:ums, ~
p?emitrma. • ° ~ : ; ~
IN WITNESS WHEREOF: the said MORiCsAGOR has herwnto a~t his hand and seal iM day snd ysar fin! ~for r~.' t;
FtLED AND REC4R~!D~ ~~a , ~
_ ST. L~UCi R COUNT'Y, FLI~''
R~_C(3 r VE~iFt~D a ~
. 1S66~1`Jtost . ~
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'~t,~ -3~--~~--~ ~-ST - - - - - -
a+oe~~~f~-""_~la~
STATE OF FLORIDA ~BBiEtit~lE
1 HEREBY CERTIFY, That on this ~~~~"'~R~y
o~CUIT Cc~tlR~~ J~y , A.D. 19 7O ,
Patrick B. L~?lly and Judith A. Lall ~
before me personally appearerl Y- ~
. ,
respectively ~ President and Secretary . , of
4TLAN'TIC OOIYDOMINNMS INOORPORATBD F1oZida Corporation, to me i
known to be the persons described in and who executed the foregoing instrument, and severally ack~owledged the exe-
cution thereof to be their free ad and deed as such officers for the uses and pursoses therein mentioned; and that they
affixed thereto the official seal of said corporation, and tfie ~ai~! lnstrurtNnt is the ad and deed. of said corporation.
.selM'~w"iy~.'-~'•~+? °
WITNESS my hand and officisl seal at Fort Pierce ` R..s~id counry nd state.
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..-wYw~ ttyp3 `
This instrusent prepared by - '
Ws. B. Braun '~-r `fe~?1P~~rblid;;~ for St te and County aforesaid. a- G' 7 ~
• ;.y;i;T ~ ~ R W
First F~d~~Cal Savuly~ and "~9rrur~si~` ' r'es: ~Q~_
1"
' P~. ~ i~;~~a ~c ur~
Loan As soC i~?t ion oi ort ~ s•.e ~ a'~: c, = N~wr 6, ti9n
P i~rce, Flor ida 33450 1. ; . : ~ ~ ~s'we Ex~a ~
~ . ~ .~•,~O;U._~+.:. ~pc ~ ~~11cd~~~iSw~ ,
. 0 ~ iST _
Chedced BY _ " !~~~~~~?w?~,,~. :
- - s.
600K 10~ PACE ~8~ .
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