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J. To plau and continuously keep on the bul:d~ngs now or here~iter i~tuate on sa~d Iand and on ali cqu~pmrnt ar~ pe~sonally covered by fhis mort9-
age, w~th all prem~ums the~con pa~d in full, fhe inw~ance in the usue~ atend3rd po ~cy form, in a sum aHpru.rd by thr A~J2~~.AvEE, a~:d w~+~d~torm
~~wrance i~ tha uiuat s~andacd poi.cy ~orm, ~n s sum approved by ihe MORTGaGEE, in ~uch co~~~{uny or CO~»pa~~et as ehe htiORTGAGEE m+y
d~ret~; and aL' firo and w~odstorm inw»nce po~~t~es o~ •ny of said build~r+ys, a~y intzre~~ the~r~n or p~r1 ~he~eol, in the agg~.•gare sum ~toroiaid a _
in e:cas tfie~eof, shall contain the ~suel itrndard matgagee ciause o~ su:h aher cEause aa the Mo~tyagce may rec~u•re, mai.ing ~ha ~oss w~Je~ sa~d poli-
c~cs, each •nd every, para5?e to sa~d h10RTG.4GEE as ~~s imrrest nuy appear, and each a~~d every such p. ~~cy sl~all tx promptty ass gn~d a:~d dr:ivered to
•ny held by said hIORiGAGEE as fw~her secur~ty to sa~d m~ort~ags debt, and, no~ tes~ ~han ~r~~ (103 day~ i:i adY.+nce ol ~he e~puenon of rach po6cy, ~o dr
l~ver to s~~d rdQRTGAGEE a rene~r.al tliereof, togetha with a rete~pt for the p~emwm of auch ~e~~rwaf; a~id there shali be no i~re or wlndsto~m inw~ante ,
piated on any ol sa~d b~i!d~ngs. any ~mrrest therem or part the~eof, unlesa in the fonn and w~th the toss payab~e as afwesaid; a~d in the eYen~ any ium ~
of rtwney become~ payabie under 3uch pol~cy or pol~c~es said MORIGAGEE s!~ail have ~hr opt.on ~o ~ece~~^ and app~y ~ye sa~ne on ac.o~~~t of tAe indrbtrd
neas secured hereby o~ ?o pcrm~~ seld MORiGAGORS to receive and use ii w nny p: rt the•eof rc~ o,rn. csrs, v..+~~,.,~~ it,.•.~ ~7 or ~~np.,~r-
ir.9 any eqo~ty, t~en or r~ght unde~ or by virtve ot this mor~gage; and in the event sa d N.0~2TGAGORS sha11 'or any reuon fail to krep the sa:d premisrf io
ms~red, or ia~t to de~~ver pranpdy any of sa~d po~~c~es of insurance ~o si:d MORTGAGEE, or ra~: p•omptly ~o pay (u~ly any p~r~»w~n thereter or in anY
reiped fail to pe~~orm, d~scharge, execute, eifacl. canplrte, co:nply w~~h and a5~de by ttis cove~~a or any pen h~reof, sa:d Mt~Ri:,AGEE may piace a~+d
pay for svch ina~rence or any part thereo4 wuhovt waiving w aifecting any opeon, lien. equ~ty, or n~M u~,3e~ or by v~.we of ~his Mortyagr, and the
1~11 amooN of esth and e.e.y iuch paymonf shall bc ~m~ned~ately due and payab~e and s~afl bra~ inTC:~sr trom tha datc thcrcoi until p~~d at the rate oi
~~:ne per cenr~m Exr ann~:., and eo~e:hrr vr~+h such lnfer~at iha~~ be srcu~ed by the I~en of this mortgagc.
1, TO pe~mit, tommit or suNet no waste, impairmeM w deter;oraLOn of sa~d proFerty or any part thereo(.
5. 1o pay_ aIl end singular the costs, charges and expenses, ind~ding a reasonab!e attomry's fee and cos~s of abs~rocts of titte, incu~.ed or pa~d at '
any time by sa~d MORiGAGEE, because w in the eve~~ of the 1a~ture on tne oart oi ~hr s.:~d A10RiGAGOR ~o d~ty, p~a~+vtiY a-+d f~:iy prrfwm, d~scna~ge.
r.ec~te, etfect, canptete, co-npty w~th and ab.de by each and every ~he st~p~.ia!,ons, agrrr~~~entS, Co~dit~o~is, and cove~~anrs o( sa~d o~on,~swry ~wte e~ d ih~~
rortgage any or e~~her, and sa.d cos!s, charge~ a~~d eapenses, each and e.ery, sha~l be ~~r~~.~d~a~eEy due and payal;:r; v.hrther w not there be non.e dr ~
~,~rd, atcempt to coiiect or svi~ pend.ng; and the f~El anwunt o4 each and e~er~• soch paymrnf shal! bea~ ~nrrresr fiom the date thareol uroil pa~d a~ the
`e u+ nene per tentu~o Fer an~w n; and ali seid cosrs, cnarges and capr~~ses ~nt~rred or pa~d, to.~ntlier ~ah s~th ~nte~esi, shall be secured by the 7:rn of Ih~~ ~
mwt9age.
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a. That (a1 in the event of any brze,h of this hlorrgage or defa.,h on H~e part of fiu AtOC .~G~~4 0~ ti~e event any of sa:d sums of money
herein referred ro be ~o~ p~~+*jpt;y and f~ity pa~d wrtn~n ~h,r~y ;3J) ds,ra ~k.~ a•ter thc s~~~~e se~ t~ ~ e and payable, wnhouf demand or notice, ~
e~ (d in the event each and every ~he stipe~!a+~ons, ag~eernenrs, co~~d:r;a~s and covenants ot sa, ne~ th.e mo~tgage any or eahe~ a~e nol i
i~1y, pranptly and ful+y pe~formed, dscharged, executed, effetted completed, co~npl,ed wnh a ~he~ r any wch event Ihe ta~d afl-
~+~ate sum mtnt:pned in sa~d promissory noie the~ re:T~a~mn~ un~:a~d, v~,~th ~ntCreSt aca.,~d, a f e ~ cw:~e due and pay
ao e fo+thw~th, o+ ~herea!re~, at fhe op±~on of ae~d MORIGAG~E, as fu~ly ard complere~y as ~ •e~ ~a~9~na~~y snpulated
tu be pa d w+ such dty, anything in sa d pro:n.ssay note or in this Mortgage ro rhe convary or t erea4ter at Ihe option of
sa:d MORTGAGEE, w~rhovt not~ce or oemand, su~t at law or in equ~ty, ~herrfore o~ ?lu~eaf eys secured herebY
ndd rtUtuftd PhOf f0 ~13 ~n1l~tuhOn. ~
7. That in the event that at the bcy~nn~ng o4 w at any ti~ne pending any sv;t upo a. r nforte
payment of any c'a~^u her~nder, se~d IdJRTGAGEE sha~t spply to ttx Co~n Mv~~~g ~u~~ t e ~hall ~
fcrthwith appo~~! a rece~•er o( sa~ci n.orrgaged proorrtY all and singu:ar. indud.ng a~i a~ ~ t reven r hatever
seu•ce derived. each a.id e~•ery oi wh:ch, it be~rg express!y .,nde,stood, is he.eby ma+~gage a bed in ~he yr ting a~+d -
hjbendum cl~uses hereof, and sach Recei.e~ shall have eU ~he t;~oad and eff~c~,ve fu~x!.a~s and pow y~ou~~ ~o a Re 'ver, and ,
s_:h appo~ntmrnr shatf be made by such Court as an ad~~i!rd equ~ry and a~~a~Jer oi a~soi~te rk9ht to and without refere e to the
a;.'equacy d~nadeq~acy ot the wlue of rhe properiy mortgaged or fo ~he so~vency or u,so~~ency of said MO defendants, a~ that sucfi '
re~•s, proi~rs, inco~ne, ~uves and revenucs shaN bs app+~ed by such Recr~ve~ accord:ng to the lie.~ or rQ~ity o~-aa~d n~ the pr ke of wch €
Co~rt. ;
8. To du'v. P+a^Ptly and fuIly prform, d~schars~e, execure, effrcv, coT~iete, co::~Fly w~}h and abide by each an ev sgreements.
:onditiom z^d mvenan~s sa~d prom~sso~y note a,~d th:s n<ortgage set forth.
9. That in the eve~t The ownersh~p of 1he mo~tgaged pren,~ses. o~ any part thereof, becomrs vested in a pe~wn othe~ than the MORTGAGOR, the +
M~RTGAGEE, ~b svcussors and ass~gns, may, without nonce to +he N.OR7G~OR. dee~ ~nnh wch avuessor or successw ir~ ~nterest w~~h rcferenc~ to this ?
~o~ig~ge ?nd ~rie den~ hereby sec~.ed ~n the same n,anner as w~:h 1do~ryegor w.ehout m a~y .vay vi~.ar~ng c+~ d.scha~g~~~g the /+brrgagori liabiiity herr
under or upon ~he debt hreby sec~~+rd. No •a~e of ~he F~emu~ hereby mongaged ar•d no forbrara.+ce on 1!x part of the /dORiGAGEE a its wccessors
er ass~gos and ~o exrers~on ot ~he t,.~:e fa the payment of the debr he~cby scc~red gi.en by tM MORTGAGE'_ or tts successors or au~gns, s+~all ope+ate p
~o relcase, dscha:pe, modrfy change or afted the orig,nai Gau,~ ry of the MORTGAGOR herei~, e:ther in whole or in part. ~
10. It ~s spec~fkaliy agrerd rhat time is of ~he essence of th~s co~1~ad and that no waiver of any ob~~gat.on hereu„~~.c.~of the obligatan sr
cvred hertby shal~ at any time the~ea+fer be hetd to be a wa~~er of tht ~ermt hereof a~ of the ins~rument secvred he•by. ~
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11 In 3dd r on to rhe faeg^ ~7 "'onth!y paym~nri of pri-:Cpai and i~,re•esf re~u red by ~he pro~~ sscry no~e s.cured hereb~. mo+tgagor covenan?s ;
erd ag~ees to pay t~ ~,o~rgagee v„~h each rnonrhty pay+,•e~~t an add~~:ona! wm ,rs~ ~•ared br ~no•rg`gee to F.e eqvai to 1 12 af ttie annual tost of the toilow- i
`.g' ~
A-Aii rra F~operty.taars +e:~ed o~ assess~~ci aga~•~st she abovr descr.brd rea~ estate. j
~ B-Pr:~~ ~ rs o~ f;re ar.d w~r.ds~~~~v ~nwra~ce as nere~n req~r.ed to be ca~•~~d en The .m;,roceme~ta s~tvaTe on the above d:scribed premises. _
E C-Prem~.R s o•~ wch r.~o:rgaoe gua~ar.ty ~esu•a~.ce as mo~tyagee sha?! fro~^ + me to !i~*.e deem fit to carry on the toan sec~red hereby. ~
i • .
f Mptgagee stia `~•cm t:~.,e to t~^~e ncnfy mor~gagor m~~n~~ng of the amounf due and pa/able hereundrr and such sum shaU fhereupon be due snd
c 3vable on thr d~e date of the nex~ m~nth.y pay~ner.r and each s~ccess~ve mo~lrh thereaiTer ur,tii mongagee shalt not~fy mongagor of a chan~ in such ~
~ _ ovnt. Such s..ms sF a.:~e ap~~'~ed by mo~tgagee to~a~d the payment of ~ea1 pro~;erty taaes, insuranc~ prem.ums, and mortgage guaranty insuronce ~
~ , F...iums. ' 1
IN \'JkT~~:~S .tiH,F~O~ ttie sa~d MORT AG k~~{~ ~ hi har.d and scal the da and ytar first aforewid.
~ ^ ^irs Na~i naI Bank of Fort i r e as
~ ned. Seied~
.d de'' cr i~the P~~~e~E CJUNfY FIA. ~
~ __~~coe~.~ ~Q~BCER PflttRAS ~~v~~~r ~er ~ t ~ie ~ r e~2 •n ~
k CtfRR C1RCU11 COU!! ~ ~x an ~
~ I b~. ! /
~ l ~Rif1E0 ' Its Vic
- Seaq #
~ - ~ S~ ~ ~1' Attest: i ts V ~ resi e . 'n >
~ S;:,TE OF FIORIDA ~ ~ , •'r ~`r .
f 2d:~4U2 _ .
~ - '.-uir~nr ~ _ S t . L. L1C i~-- - - - ~ _ ..-----,s~---~~-*~--' ~
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Il' .
S?ATE OF FLORIDA COUNTY OF ST_ LUCIE ~ .
~ 1 HEREBY CERTIFY, That on this _?5th _~aY af______ rebruary q~."-yq~
~ ~ ~ ~l`• .
~ _ ' .
~ e~ice `~z~s~°d'~i~~a~~~ r - ~ ~l- `iaor and Earl Bullc~ek T , ~
~ -
~ respectively ___-_~t and Vice President and ~y _ ~ashier _ + ~ , of ~
~
> ~~'irst __.ational '~ank of ?ort Pierce r lorida ~
_ _ a----____.__--_- Corporafion, fo me
known to be the persons described in and who exewted the foregoing instrument, and severally acknqwledgAd,fE~e ex S
~ - ;
~ cution thereof to be their free act and deed as such officers for the uses and pursoses therein mentiotie~~qd th
i affixed thereto the official seal of sa~d corporation, and the said instrument is the act and dep~ ~o~ ~aa! :c ~atj~qt~.;
* , f.
~ VJITNE~.S my hand and official sea~ a~For,~,~ierce 't.Lucie Florida , said co~nty and s te: _ <
:':^is instru.~n nt ;e are z~ . o.~as . Xis~q1~- r, ~
. .
';rst Fed~;ra~ Sa~in~js and ~oan Assocla ion ~ - G ~ :
~ >f Fort Pierce .
~ Q~~ j~~ ar Public, in and for State and County y~or~esii'd:' ~
y: gppK My mmission Expires: ~OTYr ~OSUC. =TATE OF FLOtIYA AT W~E
0
~Y COMMISSION EXPIRES MOY. / Yt2
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