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..1. To p~~c~ snd com~nuously ~eap ae ~hs bu~'~~~.ps ncv` a 1+t«af~K 4tu~t~ on sa~d la~d an~ o~ s;i equ;pnrm ~~,d perv~n~lly cove+eo by ~h~~ ~no.p~ ~
~ge. w~~h ~R prem~w,~~ thr~con pe.d :n f~ll, tue i~~suran:e ir ~ht .,xual s~+ndrd poticy fam, in a sum approtird b~ tt~e MORjGAGEE, ~~d w:nds~o~m
:nw~~nce in ~l+e vs~al ?~~nd~.d po~.cy fwm, in • tium app~o~ed bY ~M MORiGAGEE, in ~ucA tompar.y o~ tan}~an~e~ as ~he MORTGAGEE nw/
d~rec~; ~nd all firo a,~d wmcfs~o~m inswa~cs pol~uss on sny of ta:d bwld~oys, ~ny iote~os~ the~eio or p~rl thrreo(. in the a99re9a~~ sum ~(oresaid q?
~n eateu Ihe~eo/, shatl cd~~~m the usval shrnda•d n.ur+gaqt~ clau~ a auch o~he~ tlautie as Ihe Mo+t9sges may requ~~e, maM:np tha ~ou under fa~d poli~
c~e~. each and rve~y, pa~ a~'e ro sa~d AWRIGAGEE aa itt in~o:o~~ m~y a~a~, Md each and eve~y iucA put~c~ shatl ;k promptty a~s q.~ad i++d de~iva~ed ~o '
.ny hel~ by sa~d AtOR1GaGtE es f,r~h~. ~r;.+r,rY ro sa~d n~a~q~q~ deb?, and, nar less ~han ten (10) da~~ in adronc• ol ~he ex~~u~non of e~ch poltcy, to d~-
t~Ye. ?o sa~d A10~tG\GEE'e re~~rwal tne.eof, ~o9e~ha with s rece~pt fw thc p.am~um of such renewa~; a~.d N~e~a shall be ~a i.re o~ w~~~di~o~m iniur+nc~
placed un any of sa~d b~~:d~~ys. any ;~~te+c~1 therem a part,lhe~cof, unteu in the fo+m and witt~ the ioss paysbie as afo~eiaid; and in tM eveit any tuin ~
of money becon.cs psyable vode~ s~c~~ po:7cy a pof,clus ta;d MORTGAGEE shall Mve ~he opf~oe~ ~o rece~ve m+d sp~:+y the ss~ne OI~ dCCW~II OI the u~debtrd-
r.eu secwe~ he~eby a to pcrm~t u~d MARTGAGORS to recriw and v~ ~t p•ny pa~t ~hr~eol tor os:xr pur:.os~•s. .v:~~~~,.r th u~ ..a~~~~,g or :n,pa~r- <
fng any eqv,ty, t~en or nyh~ v~~dcr or by vi~r,e ol th~s mo:tpege; and in the •vent srd MURIGAGORS ~hall.la any r..ison fail to keep ~he sa~d p~emisea w
mavrni. d(ei! to dtlivee prcxnµtly ~ny of sa~d pol~e~ea ol inwranc~ lo said N10RiGAGf o~ fa~t prompdy to pay fu:ty ~ny pre~~~w~n there4w p in any 1
respect lail to pc.Eam, d~s.1~~.~e, ltKVfe, CfFpCt, comp:ete, comply w~rh a~d abide by tF+is cove~*aro. u~ny pan hereof, se~d MURt;,AGfE may plac~ and
pay for such insurenc~ o~ any pa~t tAerQOf w;thout waivi~~ o~ •}Iectin9 My option. lieo, equ~ty. e~ ri~h~ unde~ or by vir~ue o1 ~tiis Mdtqage. ~nd tht
f„t1 a,wunl ol each a~,d e.e~y s:,ch paymenl shall be ;rranediat~ly due and payable and shall bea~ interest trom 1ho date the~eof until paid at tFK ~aM ol
n: pir tantum Ne.v annun: anu :ii~r~hrr v~~th such ~nrr~esr sha!i ~~ured by ~h0 ~+M oi M:s mOitgsge.
1. To permit, commit or sulfer no w~ste, ur,p:,+rmen! q deter'w~t:on of aa~d property p any pan tArreof.
S. To p.iy a11 and s:ngu~sr rhe ccsrs, charges and ~apenaes, cncluding a r~asonaWe attorney'~ fee and ccsn of abs~.rcts of title, incun~d q p~,id
any t«ne by u~d MORiGAG:E, txc.+use or in 1he evcnt of the (ai~ure on the psrt of ti+e said MORiGACapft to duly, pia+iNtly rnd (usiy pNfam, d~scMrq~.
e¦ecure, effec~, Co.nptrte, co•np(y w.rh and ~b:deby exh and eve~y rhe sGpula~,ona, agree~•e~~s, cw+d~T+ons, and co~e~~an+s oi sa~d pro~n~sswy ~ufe and lhil
t~w~gayr any or e.~lxv, a~~ci sa d coats. chuges and eapenses, each snd every, sM11 be imm~.~diate~y due and payab'r; wFr~~her o~ no~ tAer• be noeice dc
mand. anempt io cotlM w suir pe.•cl,ng; ~nd tl,e (uIf art+ount of each and every tucA payment sAa11 bea. ~nreresr l~om ~he dat~ thereol uc~til p~id N the
~arr o~ nux per ccnt.,m prr a:,~,~~:n; e~.c ail sn~d costs. chs~gea ~nd exprnses int~rred or paK1. togNher w~tA tuch ime~rst, shall be secwed by tFw lien ol tha
mat~aye. ~
Q Thaf (e) in the event of any brra:h of tF.is hlo~tga9s w defaull pn the part of the MoRTGAGOR, or (b) ?n rhe evenf any of sa;d sums of money
herrrt ,efcrred fa be not p.on,p,;y a~d ~~:Iy paid wnl:in ih,rty l30) days nexl a!rc-r the sanx seve+a:ly beco+„e d:~e and psyable. wi~hovt de~nand a nolice,
lc! in ilnc-e~ent each a~d every the ar~yv~anons,~agrermenri, tond~r~ons and covenant~ o} se,d p~a~~swfy rwte and ~h:a mo~tgage any pr ~nF~er •re not
i~ly. pror~ptiy an~ fuiiy ~r(o:•~~ed. d.s~~arged. exec~red. eftecN.d. comAleted. compi;ed w;sh ind ab~de.i 5y, then e~~her oa any s~lch evem tM a~~d aQ
~'ega!r s~m cnenAened ~n sa~d {~~om:ssory ncre then rr+na~n~n9 unpa~d. with interelt atcru2d, and alI mpn~ys ictvr~-d F.preby, shall betornC dW ~nd p~y-
ab:e fo.~hw~fh, c~ thereaf~e~, a~ the opf.on of se;d AM1ORiGAGEE. as fvlly and complerefy as it a~t oF the s~~d sums of money were a.g~na~ly snpulited
ro be ps.d on s~ch day, any~h~,.g m sa:d p~o~n~sswy note or in ~his Mortgage to the co~uary notw~thstand~:,g; and thrrrupon or ~nereaftr at ~h~ opt.on of
sa~d MORTGAGEE, v.rtheu~ nonce w demancl, sa~t at law a in eqv~ty, therefwe a tl~cafter bcc~un, may be fxosecWed as if alI moneys secursd hereby
n~d maWr~ p~~ot to .ts msnr„t~on.
7. T.bat in the eveeit thar at tiK begmnirig of w a1 any fime pending any suit upa~ thi= Nk,rtgage, w ro(oreclose it, or lo ~efo~en it, or ro en(orp
~aymeot ol any cii~+ns 1~e•eur-~lrr, aa~d MOR~GAGEE ahall aeply to tht Court having ~ur~sd~ct~on fhe~eof fw ~he appo~ntmem of a Re:eiver, such Cwrt sha(i
fo~ahwrth appomr a.ece+.er of satd mo~rg~q~ prooeriy a~i and sirg~lar, includ~nq ail and su,gu~ar the inconx, prolds, iss~es and revenuef from wbaleve~ ,
s.v:e de~~ved. each ~nd r.ery of ~nfi~~h, a be~ng express!y ~nde~stood, is hereby morrgaged as H spec~ficaiiy srt fo~th ~nd described i~ the granei~ ~nd (
h.+i~~dum ciavses he.eof, and svch Rece~ver shati have all ~h~ braac( and effecnve funu.ons a*~d Fowers in any~wdte entruttec! by i Coun to a Receivd, and {
s_:h appoinrmenr s~.+~: be made by svch Court as an admined eqo;ty and a matter of tbsotu~e rgM ro said MlORTGAGEf, a?~d wi~houl reierence ro the
_:~-a~aty o? inad--.;,•acy of tl:e value of ~ht p~operty mprtgeged pr to the so:vency a~nsoivency of sa+d MORIGAGOR w ~he defendants, and ~hat such
-e~~s prol~ts, ~nco::lr, ~s~ues and reven~es sha71 be app7iad by such Recr~rer ~csordn~g to the l,en or rquity of si~d JMORiGAGLE and ~he practice oF such
Coun.
8. To dv1y. prom~r'y and t~i~y pr~fwm, d~scharge, executc, effecl, corr+Flete, tomply with snd abide by each end every th~ sfipulations, agreeme~ts,
.o~+d~+ans and co~enar~n ~n aa~d pra~nsswy no!e a~x! rh:s m~rrq,~qe set fwth. :
9. That ~n r?.e e.eht fhe owr.ersh~p of thr mongaged prem~ses, o~ a~y part thereof, becomes vested in a person orher lhan the MORTGAGpR, ti~e
titpRTGAGEE, :+s succ.:sors and ass~gns, maY. w;chuu~ not~ce to tht ,NORiGAOR; deal wi~h such successor a s~cceuor in interesr w~rh reference to this
~-o•~gage and the d:-ut hereby secursd in the same manner as with .b~tgagpr w:rhout in any way vit.atinq o~ d+at?.arg~ng the Nlw?gaqori liability herr
_•c~r w ~por. rhr drnr h~•ceb~ secvred No sa.e of the p~ca,nes hzreby rtwrtgaged ard no forbearance a+ the parr of the IdORTGAGEE or its sutcessws
or ess~gns ar.d ~a ew~e~s:on of t1,e t~me for the paymen! of the debt hereby secured given by the MORlGAGEf o+ its successora or ass~gni, ~hail operatt
ro rcreax, d.utw-ge, mod,iy ~funge or effec! the wg~nal li~o,iiry of ~he MORiGAGOR here~n, either in whok o~ in part_
IG. It is spec:i~:a~'ry ao.aed ~hat t~me is of the essence of this contr„~t and that no waiver o! any obl;9at~on hereundrr or of the obli9aYpn st
cvrrd hereby sha:~ at a~y t,~:e thrreatte~ be held to be a waiver of the tetma hereof a of tha insrrurt~ent secured herby.
! 1- t~ add ~:e- r~e iyey~ n~~ mpniF~(y NdymB(1ft of pr;nc ~a! and intereu requhed by the pr~.m ssory na!e secured he.eb~, mortgayorcovenants
a^~ agr~s to t~ay +u m,:T~ jg~e .,~:;h eacF+ monih~y payc~em an add.rional sum esn~uted by rrwtgagee to De eq~at l0 1; 12 of the ann~al cost of the iolipw-
A-i.'i rtsE rrope•1y ra,,s ie•.~ed o• ass_~ssed agai-~st tl~e above descr;~ed real es~ate_
6- F~~~~ .,s o~ t,:c ~~+d „~^~510'm [r.wrarce as here~n requ;red ro be ca.ried on the ~mprovements s;wate on tbe above dascr~bed premises_ ~
C-Vre:>-~:;•- s~.=.,~c~+ r o•±3,ge guara~ty ir.sura~ ce as mortgagee sha~l from t:me to time deem fi1 to carry on the loan set~red hereby_
A~o.•gagre s~~ -~~.-,e to t~-*,e not•iy morrya~o. ~n wr~t;ng oi rhe amyvnt due and payable her~ndr. and such su-n shall therrupon be r' :
..•.abie on thr vue e..•e ci rhe r.eat month:y paymznt and each s~ccessive mcnth rtsereafrer uatii m~rgsgee shalt nonfy m.o~rgagor pf a change irt such
~~~_nt. $uch sv~^s s! ~ epF. ~ed by mortgan~-e toward ttx payment of real property taacs, insv~ance prem,um~, and morl~s~e guuawfy iinsu~acce
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IN WIT~jE~S L4N:c~ ;F *ne sa(d MORfGAGOR fias Aereunto ut his hand aQ~ seal thr~-day j~d__y~ rst ~fo~iesa' •
S+gned. Sealed zrd del~vered ~n the p~rser+ce of: r' irSt ~/aTjo[~i? ~iI7JC
f1Lc~ ih: RfCa:iDEO ~~n~~ r s ,
- ;.:I1YSY fl~ V Y n i
c - _ tS l~ ~ ..1----0- c t
L_- ~ ti;RT ur Its Vice s a ~ f~
~ ERIFIEO.~--- - ,
- IM,Z~ ~;~~s~ ~t: - ~ ~
S~:,TE Oi fLORIDA ~ ' ' '
I9 1 2e , ~ :
2~L1446
co~r~r,? of. st. Luci• _ .
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STATE OF FLORIDA COUNTY OF ST. LUGE
I NEREBY CERTIFY, That on this
. -__day af- Jurie - - - - - , A.D_ 19_71 ,
~ to• me i~s~on !I a r~G~eo~r~~~e~cQi Mppr an~ `Barl W. Bullack _
vice ~r~s ~ ~?a~ t-~f~-- ~
~espectivefy ~ and _Y.~~. P=e=ide=lt _ - C,ssh 'Qr _ y
of
First National ~aak ai Rort Fierce Rlorids '~~r -
- - - - - - - - • a ~,C.4~~X~~ ~'1fM~ -
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~^o.v~ to be 1he persons ~estiibed in and who executed the foregoing instrumen~, and severolly ecknp~lyJailg~ ;?~e~ '~t+lj:: ?
v = _ ~
-.:*~on thereof to be their free act and deed as such officers for the uses and pursoses therein ment~d;~and~ha~-~h~~
atf~~ed thereto the off~cial seal of said corporation, and the said instrumem is~ ti~A'act~ enti,deed.~if ~r 1'a ~04 -
~d~~_ ~ -
WITNE~S my hand and oftlcia! seal at Fort P;erce St.Lueies_Floric~a , sai~ county a~d s te. c~'
This instr~a¢nt prepared by Thor~?s A-D 3sc - 4,.; .
First Rederal Savinqs and Loan Assoc~a?t~oA - ~
ot Far± Piezce . ..t~,~~ '
N ary Public, in and Eor State ar,d County aforesaid.
BoR~ 1~ 1614 y`_
M°'~i
~5~~ ~RES~fiO~~ ~T ~ 3 1~ ;
•oNOtO iMwuvoh rw~0 w. Y~~~1~`y~~/• +
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