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To ptac~ and comi~wo~,sly k~ep oe~ tM build~nps ~ow a Mr~aNM u~w~~ on ~~td tu?d and on as~ equipmant and p~rwna!!y ce.ered by tAi~ neatQ- i
~p~, wilh sll prwniwns Ihaaon p+~d i~ full, fih insuranc~ in tM u~u~l stai+dard policy form, in a tum ~pprovsd by tM MORiGAGEE, and wtnduam
irnwM+ct in th~ vsw) ~undud pol~cy fan~, in • wm app~oved by tM MORTGAGEE, in wcA company a comp+niq a tM MORTGAGEE may
dinett ~nd atl itn and windstwm iruurar+a~ ~KN~ on ~ny of iaid build~np~, ~ny in~~rest tlynfn K q+rt tF~~of, ir? tM a~re9~te wm afor~said o~
M~xaa tMrwf. aMtl cont~in fh~ us~al p~ndud rna~~+pe~ clsw~ a ivch aha cl~us~ as 1M Morlyip~i, may requ'u~. makinp tM lou und~r sa~d polb
cNS, ~ach and ~vNy. WYask ro said MORTGAGEE as its intKest .n~y app~a~. and each and ~vNy s~ch policy ~1++11 be promptly as~.~ned ~nd dttivered ~o
any hNd by said MpRiGAGEE a~ fvrtF~ ~ecurity to wid mwip+p~ d~b~. +~d. ~ot Isu ~Mn t~n (101 dars i~ adva~c~ of tM ~xpi~atioe of each pol~cy, ro d~-
iivN ro wid 1MORiGAGEE a nnhwal Itwrwf, toq~tlw with • nc~ipl fa tM p~.nium of wch r~new~l; and tMr~ ahall b~ no f~~~ a w~nd~torm i~wr~nc~
plapd a? ar+1t of sald (witdinps, ae?y interest ther~in or p+rt !l+Keof, w?k?s in the to~m and wi~A ~M bu payabl~ as ~fw~s~idJ snd in th~ ~wM ~eryr wn~
of mon~y b~con~s payabl~ u~ such policl? a po~ici~s s+id MORTGAGEE shall Mw ~M option ro r~ceive and ~pply tM sun~ on accw~?~ o( ~M ind~bted~
n~u ~cw~d hN~b~r a a permit said MORTGAGORS w reuiw snd us~ N a any parf ~hereof tw o~her purpose~. wi~hout thereb/ wai~~~,y w ~mpair- '
ieq ~nY pu;ty. liee w ripht unde~ a by virtw of this mortp+p~J Md in t!N ~venf ~a3d MORTGAGORS shall fa any .eawn tait ro keep tFw s+~d p.em~sea so ;
insu?~d, or 1~i1 to d~livK promptly ~ny of Nid pOliCiN Of iMW~M~ ro Nid MORTCsAGEE, or fail promptly ~o pay fully ~ny premivm thsr~lw w ln any +
re~~vct lail b pafwn~ dixhuy~, sx~cvt~. eff~ct, compl~t~, comply with and ~bKM by this covenant, or any put haeof, said MORTGAGEE msy place and
p+Y fa wd~ trowanc~ o~ ~nr put tMno( witAou~ w~ivinp w~ff~ctkg any option, lan, equiry, or riyhf vnd~. w by vir~w of ~hi~ Mor~Qap~. ~nd th~
fu~t smouet of ~ach ~rd w+ry u+ch p+rm~ea sh+ll b~ in~dianly dw and payabl~ and ~hail beu interait from tM dat~ thereof votil peid ~t tM rat~ ol
n~n~ pK cantum pK anr?un? and ro~ther with wcf~ ir+tasst shall b~ serurad by tM li~n of this mort~e.
1, To pNmit, oommit or wffK no wasM. impaweneat a d~tKiw~tion of said property or a+y pa~t tMnof.
S. To p~y ~ll and dnpular tM cwN, ch~ry~M a~d ~xpenses, incl~dirq a r~a:onable anwrNy's (ee and costs of sbatracn of titl~. incun~d a paid
~ny tirew by said MORTGAGFE, beu~H or in th~ ~wnt of ~M f~ilwe on ~h~ pat of ~M ssid MORTGAGOR w duty. promptly anc~ fvlfy perton~ d~schug~
•x~cut~, ~ffM, aompl~t~. comply with and ~b:de bp ~ach u~d every tha itipvla~ana, ~yra~.nenrs, cw~ditions, uK! covenu+n oi said promisswy not~ ~nd tha
mor~yapi any a~i~F~. ~nd said costs, chu~ts and eup~n~es. ~ach and avay. ~lull b~ immediately due ~nd payablr, w1+etMr w not ~Mre be i+otice de
mand, ~tromp~ to coll~ct w wif pMd~ngj u+d ~M full ~moum of each a+~d every wch paymcnt sAsll bear interest from Ihe date thereof un1i1 p~id N the
rate of ni~ p~r centum ps~ arwwm; a~d alf said costs, chu~es and exp~n~ea incurred or paid. topether w~th such intH~st, ahall bt aewr~d by tFr lia~ oi thi~
^arfpap~•
6. 1Tha1 (a) in tM ~wnt oi any breuh of this Mo?pap~ w dttwh on ths part of ths MORTGAGOR, or (b) in tM eve~t ~ny of sa~d swns of money
herein nfer~ed to bt nW promptly and fvlly paid within thirty (30) days neat after the sarrK sever~lly becane due and payable. without de.nand w notice.
or in tM ewm ~ach ~nd every the itipvlations, agre~msots, conditions and cown~nff o( sa~d prom;uay note arid thi~ mortpap~ any a either ar~ rwl
iuly. panpNy and fv11y p~rfwm~d, d~scl+~yed. ~~~cuNd. ~ttected. eomplet~d. canpl~ad w~~h ~nd ~b~ded yy, then a~ e~~her w an~ sucA ewnt tM u~d ag
~reg+t~ ~um mentioned in said promiasory note N~en remaininp uopaid, witA intcresl accrued. and all mw~eys aecured hereby. sMll becoms dw ~nd p+y-
able forthwith, a thtreafie~, at ihe option of said IIAORTGAGEE, u fuily ~nd completely as if a!1 of the sald wms of money arere or~pin~lly stipvlated
to be paid on s~ch day. anythinp in said promissory note w in tha Mat~a~e to the con~rary notwithstandinp: and thercupon or thereafte~ a~ tM op~ion of
said MORTGAGEE. witAout rarice w dert~and, wit ~f law w in pvity. ther~fore a thereaher beyvn, may be prosecvted as if all na~eys sacwed hereby
nad marw~d prwr ~o ~n ira~~rurion.
7. ihst ~ the event that at tM bssirn?i~p of or at ~ny tims pend'ing sny wit upon this Mortgege, « to fa~clos~ It, or to refwm Ft, w to m~fwp
payment of ~ny claims hereunder, a+id MORTGAGEE shall apply to the Court hsvirq jurisdK~ion thereof (or ~he appoi++tment of a Receiva. such Co~r1 shall
farthwitA ~ppoint a receiver of ssid enortyaged prooerty ~U ~nd sinpvlar. includ~rq aIl and singvlar the income. p~o(its. iuues and revenues from whataver
wurc~ derived, each ~nd every of which, it be~np expressly unders~ood. ia hereby mortgaged as if tpec~iically set fath and described in the yr~ntiny and
hsbendum cla~aes hereof, and such Receive? ih+ll have ~0 th~ b~oad ~nd effect~ve func~~ons snd powers in ~nyw~u entrusted by s Court to a Receiver, a~d !
such ~ppointment sh;ll be made by wch Cowt as ~n admitted equity and a matta of absolure rght to aaid MORTGAGEE, and without refe~ence to the
«ieqwqr or Inadpuacy of tF» wlw of tFK propaty mortpayed w to the so:vency or ~nsolvency of safd MORiGAGOR a the defendann, and that such ~
rems, profin, income, issues and revenuss aha11 appli~d by wch Rateive~ xcord~ng to tIK {ien or puity of taid MORTGAGEE and the practice of such ;
Cowt.
d. To dv1y, pranptly and full~r parforn~, diuhsrge, execute, effed, complete, comply wi?h ~r+d ~bide by each and every the stipulations, ~greemenn,
conditiom and covenann in a~d promiuory note ard ~h~ mort9age ut iw~h.
9. That i~ the eve~t tl~e owr»rahip of the mortyayed premises, a any pan thereof, becomes vested in a penon other than rhe MORTGAGOR, tM
MORTGAGEE, its suctessors ~nd suiQns, may. without notice to the MORTGAOR, deal with ivch sutcessw or succeasor in interest with relerence ro this
mortgape and the debl hcreby secv~ed in tM s~me marr~e+ as wi~h Mor~pagw w~fhauf in a~y way vitiating or d~scha~ging the Mort9sgors' liability hsrr
under o? vpon the debt hereby secwed. No cale of the premiscs hereby mortg~ged and no forbearance on ~tw paA ol ths MORTGAGEE p its auccessors
or assig~ and no ea~e.~san of ~F+e ~ime for the payment of the debt hereby secured given by the MORTGAGEf a its succ~ssors a assiyns, shall operat~
ro releas~, dixharge, modify change or affM the oriyinal Ii~biGty of the MORiGAGOR herein, eitMr ia whole a in put.
10_ It is specifically agreed thst time a of the essence of ~his contract and thst no w~iver oi any obt~gation 1?ereunder or of the obligstan sr
cured hsrtby shall at any time ~hcreafter be held ro be a w~iver o! the terms hereof w of the instn?ment secured herby.
11. In add:tion to the forego:ng monthly payments of princ"pal and iMerest reqvired by the p?omiuory no~e secured hereby, mortgagor covenants ;
and ~grees to pay ro mortgagee v~7th each monthly payment ~e? ~dd~rion~l sum est~ma~ed by mortgagee to be eq~at to 1/12 of the annual cost of the foliow-
A-All resl property taxes kvied or assessed against the above dcsc?ibed real es?ate.
B-Premiums on fire and windstorm insurance as heroin requ~red to be carried on the improveme~fs situate on the above desuibed premises.
C-Premiums on such matgage gw?anty insu~an~e ss mortgagee shall from t~me to time deem fit to carry on tF~e loan secured hereby. ~
Mwtgagee shail fiom time ta rime notify nwrtgagor in writirg of the amount due and payeble hereu~r and such surn shai~ tF~ereupon be due and
F.ayabte o~ ~he due dare of the ne,et monihly payment a~d exh successive month thereafter ur.til mwtgagee shall no~~fy mortgagw of a ch~nge in such
amaunt Such sums shall be applied by 9agce toward the payment of rea! property ta:es, insurarxe prem:ums, a~x! mortga9e guaranty insurance
~ ~remiutM. .
4 IN W ESS WMEREOF, e RTGAGOR hsa hereunto sat his hand ~nd seal the day snd year fKSt ~fores+id. ~
!ed the pesenc~ of: -
! w'tn sses to si na re ~ ~s~.q
~ - o~ Ben~aain T. l~o~~ ; t n . on c ~
E - witnesses to signa?turej ~,eq '
of Anne W. Monk • ~
- FIlEO ANO l1Et~R~ n
sTaTE oF FtoalDA / ST. LUC1E COUN
~ • . ~ ROCER PO~TMS
courm oF ~~1 ~l~L~ ~ ~ CORO VERIFIEC c ~~5
~ ~f~ Ben~amin T. Monk RE
~ to m~ well known and known~
rhe iodividwi~ described in a~d who ~x~cvted the fwpoirg initrwnent, befon me tMt ~executed tM same~~fN~
~ i~
~ rtxrein eapressed. ~And 1h~ ~
, ~
~ .
g - w~ie~i MM ~ii s.. _ ~ . . Z r
~ - e+cw++ln~Ma+-b~ -~++e-t~4err sepw~-w~I ~p~w ~iww i~w-wir ~+ds+~*~!~ ~ a•~ ~f~ w» ~MF s1» sai~' ~~•Z °
~ -?~«1r r~ riwt?wM. ~nY ~~r~M+r~ ~owst~aiwtr ~ Jwa. of~ 1ra~ ~r : i~1 ~ ' ~'t =
~ WITNESS my Mnd ~r~d offici~l ~al th~ day of ~ ` ~9~i1 ~ = ~
~ ' , ~
~ ~ .
Notary Publit in ~nd fw 1 St~ 01
~ _ ~
~i STATE OF FIQRIDA ! My Commission ~apires: ~if,~-~II~ `'_ST ~~~Y,J ~
~ } u
S? LiY_IR 1
Fa, COUNTY Of -~_w /O~ ~ 71 ~ ,r
~ ' - r-
~ Oeide r?~e persw~aSly ~ppesred Anno ~[~l(p~_
I~if ~riie. to me well known ~li~
~ - -
,s tne ind~vidw~b described in and who eaecuted the taegoirp instrumcnt, and xknowtedyed before me that~ executed tM s~' t
u ~ s•f r
~ rherein e:pressed. Aw~tl~. ~sir
• G~
~ .aJ~ 4(. {b~ aaid - -
~ saao~inatio4 bX ma 1~keo.seA~Vy Jod.aPart 6acn bec sa:~ 6~rhroc~ a~~big~d /~-+od m? tba~ ihe.~a~cw~d-s~id ~
~ 1d~dSr"aw~ .rW:.+`+s.w ~oa~prlsiAO~cDaauair~~PPr~Fyp~ or- fsar~oE vc LM+? iN? " ~ + ? `
~:s;
~ WfTNESS my Fwnd and officid se+l thi:__ ~T'~+ _ day oi__ ~
~ - k ' `
~ > - ary Publ:c in and 1or ? Sut of Fforid~ d _ .
t,~ C ~ssio~ lxpires: ~ •
a.r~.~ ro: This instruAe~esprepa~'d ~y q I ~1~j . ~r . F
~ fus~ F.d...) s.vi~y. a tw,+ l1a«~at:«, R ic ha rd K. K~? /0 '/1 -'I / ~
ir t Federal Sav s& Loan
~ P...a ~or~ Pierce, Flor ~1Q~ ~1Q~M
~ . . , i~/~.r rt~4~r
~ ' ~ - - : . - - _ - , _ t..>. ~