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to pt~u ~nd conrt~wowly kNp on th~ b~lldinp~ iww a I+K~aftM Wtu~t~ on ~atd I~nd ~nd on ~il pvlpm~m ~nd p~non•Ily cov~~~d by tht~ mw~
p~. w~~A ~II pr~miu~u ~Mr~on paid in fvll, (t~~ I~uw~nc~ ~n tM u~val ~t~ndard polky fo?nA, in • su~ ~ppov~d by tM MORTGAGEE. ar~d windaam
iniw~on in ~M u~w1 ~undad policy fa~, ie ~ wm ~pprov~d by tM MORTpAGEE. (n wth tomp~ny p tomp~n{p N ~h~ MORTGAGEE nwy
dindi ~nd ~11 (in Md wiahwrm irnw~no~ po1kN~ on ~ny o/ uW buiW~np~, ~ny Mt~hq tMnin w pu1 tMnrof~ III fIN ~QQrt9~y W~ ~1W~NId OI ~
M~xnu ~Mr~of. ~ll.eon~dn ~I» wwl ?tw~dwd matpapN el~uw w weh a!?« d~uw ~M Mor~pp.~ m~y nqu'v~, m~kie~p th~ bN under s~~d pol}
ct~~. ~acA ~nd ~w~y. wr.W. ro..W MORTGAOEE a fn M~Kar may ~pp~r. ~nd Nt~.~d.~qt~y~y,~iSy +b~ll.~ .P~oA+o~~Y ~w:p~d ~nd d~tiv~~~d to t
•ny MW by a~d MORTG~IGEE q fw~Mr ucwlry ro Nid mwrqay. d•b~, a~d. nef I«s th~e~ t«? (If~ d~y~ In ~dra+~oa of ll» ~xpt.~~ion of ..ch polkr. ro da
IIvN ro uW MO~TGA4EE ~ nnhwd tM~wf. to~tiw with ~ nc~ip~ fo~ IM p~«Alw~`ol iud~ t~ith' ~MII b~ ro fa~ w w~r~d~arm iMUr~nc~
pl~c~d on ~ny of NW b~ildinQ~, ~ny IntKat tMr~A? tlr pw1 tM~~ot, w+l~ Mn t1» ~'orn~ and w~hiiM '+M ltorrMidt ~nd M N» wsm ~ny wm
oi mooey 1»comN p~y~bb wKi~r sucA polky o? policiN Mid MORTGAGEE ~A+11 I+~v~ Nw optioe 1o.no~iri~~~~~~~ly 1!N s~ on aooum of tM ind~br.d~
n~a Ncw~d hK~by a 1o pKmit aNd MORTWIGORS to noNw Md ~ it a~ny part tMr~oi fo~ e~h~r ~,rposM wi~hout ~h.~eb,r w~ir~~q or ~
tny ~ny putty, li~n a ripht w~d~~ or by virtw oI tAb mwt~i ~nd M~M ~wnf ~aid MpR1GAGORS ~hrll fe? !ny r~aw~ fail w kNp ~M said p.Nniu~ w
In~u.~d. a fatl b d~11vN proenptly ~ny of wk! polklN ot in~w~ae~ to Nid MORiGAGEE, a faH pro~nptly b par }vlFy any pr~.nium th~r~fw w in ~ny
r~sp~ct f~il b pNiwny dbcMrp~. ~xscvt~. ~fhcf, tompi~h. oomply wtth ~nd ~bid~ by fhis cownanf, a My put Mr~of, N}d MORTGAGEE may pl~u ar+d
P+Y {a ~ucA inwr~ m~ey p~M tMnof wfMout wNvMp o~ ~ff~Ninp MI? oPfbn. Ihn, p~ttY. or riqht w?dn or bp virtw of thi~ Ma~pay~. ~nd tM
f~u .n+o„m oi ..eh .nd .wry weh p.ym.,u ~1„11 b. ~evn.da»~r dw .nd p.ybl. ~nd ~ha11 b~a? Im~~u fewn tM d~b thKwt until p~id ~f fhw r~h of
n~r» pK c«+~um pK annum ~nd top~th~r with wd~ IntMqt ~MII be Ncvr~d by tM li~n of thU mwp~p~,
I. To qrmU, oonuelt a wff~r no wuN. M~P~irm~ot a d~t«lor~tion of ~aid propKty a~ny pa~t tMnof.
S. To p~y ~II ~nd ffnq~rl~r tM cosn, charpN ~nd ~zp~nw~, Includinp a n~wn~bl~ ~norn~y'~ fN and costt of ab~tr~ct~ of titl~, incv.r~d or p~k! a~
anv tims by wid MpRiGAGEE, b~caw~ a i~ t!y ~wet of tM failu~~ on tFw pan of ~M ~~M MORTGAGOR to duly, prompNy ~nd fully p~rfann, dncharqR
sxecua. ~Heet. Cpnpl~t~. ewnp~y w~th ~nd ~bid~ br ~~el? rnd w~ry tlw ~fipulatiom. prNn»ntti eaditioeu. ~e~d eown~n» ot said p~omi~sory nw~ ~nd ~h~
monyp~ ~rty or ~it1+N. ~nd f~id eat~, eh~rpa ~nd ~apsiu~ti Nch and ~wryr. ~MII M imm~di~t~fy dw a+~d payabl~: whetMr o~ not tl»r• b~ no~ic~ d?
mand, ~tt~mpt to col{~ct o~ wtt pendinp~ ~ tlM full ~rnounf of ~ath ~nd tv~ry tuch p~ym~nt aMll bNr fnr~nst from tM d~t~ tMrw4 unfil p~id tl tIK
re~e ol niM pf~ CMtVrt~ ptr ~rw~umj ~~d ~II N{d cwtt, cMrp~~ ~nd txp~ns~~ intwr~d p paid, top~tMr w~tl1 ~ut11 (~1tNN1, sMll b~ s~tur~d by tM IiM oi thK
mortpspw
0. Th~t in ~M ~wen of any b~aeh of MH Mortqp~ w d~fautt on Nr paa oi tM MORTGAGOR, o? (b) in tM swm ~ny of ~aid wnu of mw»y
he.•i~ nf~.r~d ro bs no~ promptly ~nd fully patd withM thirty (~0) days n~at aftN th~ am~ Nv~r~lly b~cwn~ dw ~~nd p~~~W~, wi~lw~~ d~mand w notiu,
or t~ in tM ewnt ~~ch •nd .wry rM sHqrl.itoro, pr.~nn, condition~ ~nd cown~ob of ~~~d promiswry not~ a~d tl?~s mwepp~ My o~ Nrh~~ ~r~ no1
i~,fy. promprly ~nd fully p~?fam~d, di~clwrQ~d, ~~~cuud, ~ff~ct~d, compl~t~d, cornpli~d with ~ed ~b~d.d by. ~Mn in ~i~M. or ~ey ~ucA ~wm ~M'~a+d_p:,
prp~t~ wm mMrqMd in said proml~wry npt~ tl»~ nmatninp u~»id. with Int~r~st ~cvwd, ~nd •11 moMy~ wcw~ hK~by. ~MI) b~com~ du~ ~r,d p~y.
.bi~ fwthwirh, o~ ri,~r~afar, ~t tM op~ion of uid MORiGAGEE. u f~11y and canpl•?•1~ ~a •I! of ~h~ ~;d iwns ot mw?~y „w.~ e.,pindly ~~~pul~red
ro b~ paid on ~uch d~y. u+ythirp M ~aid p~an'~uory ~o» a In thb Mwry~ ro th~ conrr~ry no?wi~hsandinp; ~nd ~I+er~upon a~her~aNN tM op~bn oi
~•~d MORtGAGEE. wirhow notK~ or d~mu,d, wit ~t I~w a I~ puity, tMr~for~ o? tMr~aha bpvr?, m~y b~ proNCUt~d u if •fl ~,on~ys uc,,..d Mr.by
?ud n»?w~d prwr ro lm~itur;on.
7. TMt In tiu ~v~nt tMt ~t tM bpinnte~p of or N~ny tim~ p~ndlnp ~ny wit upon thq Mortpp~, or to for~elw~ It, w to ntwm (f, a to ~nfwq
paynsent of ~ny tl~ims lwwnder. Nid MORTGA(~EE ~MII ~pply to tM Gourt Mvinp~ urisdiction ~Mrw( fw IM ~ppanlm~nf of ~ RK~iwr. wth Cowt ~MIt ~
forrhwirh ~ppo~ne ~ r~cliw~ of s~Jd morf~~d prpp~rty ~11 ~nd slnpubr, {nclud~np ~11 ~nd ainpular ~h~ incom~. Prof~n. iuws ~nd r~ve~ws from wMt~ve~
sourn dN7v~d. ~ach and ~wry of which„ i~ b~{np ~xpreuty u~d~ntood. i~ l+N.by ma?yy.d u if apaific~lly s~t fath u~d dNaib~d in tM 9r~n~inp ~nd
heb~ndum et~v~ h~?~of, ~nd ~ueA Ree~iwr ahaN Mw ~il th~ brwd ~~d ~ff~eeiv~ fvneewn~ ~nd po,~r~,~ in ~nywis~ ~ntrwt~d by i Coun fo • R~e~iwr, ~nd
wch ~ppoinrmN+t ~hdl b~ m~ by wch Cowt q~e? ~dmitt~d ~qvity and ~ m~nK of absolute riph~ ro taid MORTGAGEE. ~nd wi~ho~t r~iennu ro ~Fr
~dpvKy ot Inadequ~cy of th~ w~lw of tM propKty mwtpp~d o~ to tF» wiv~ncy w~nwlv~ncy of a~id N~pR~GAGOR or tM d~f~ndanta, and rAa~ ~ucA
rrn?ti profth. Incom~, ts~ws Md nwnw~ ~MII b~ ~ppli~d by svch R~c~iwr ~ccordr?p to th~ li~n w p~ity of a~id MORTGAGEE and ~hs pr~ctiu of such
CouA.
e. ro d„ti. P?w^PdY ~i+d fv11Y P~?fonn, di~eMrp~. ~x~ew~. ~ffec~, comPl~r~. cor^P~v wi~h ~nd ~bid~ by ~ath u~d swry t!~ stipul~tia'u. pr~n~nf~.
condiriorn ~nd cov~nanr~ i~ wid promiuo~y not~ ~nd thb mortQp~ Nt fwfh.
9. Tl+~t In tM w~nt th~ own~rshlp of tM morfpy~d pnmi~, a~ny p~N th~rwf. becomN v~tt~d M a p~~on otFw tAan th~ MORTGAGOR, tM
MORTGAGEE, Ns wet~uas and ~uipns, inay, withoW ewtiq tp tM MORTGAOR, d~al with weh wee~swr p{VCCt~~Ot III {f11NN1 wi~h r~f~r~ne~ to this
r+~o.ipp~ and tM d~bt lvreby Ncu~~d tn ~1y N,n~ ms,var a~ with Mwtpayp~ w;?Aou~ in ~ny way vif~nMp a d~icharpirp tM Mwtpspors• li~bility Mr~ ;
und~r a upon ~M d~bt h~r~by s~cur~d. No ul~ of tM pr~mi~ Aer~by morty ap~d ~nd no fc ~~~r~nu on the p~n o( tM MORTGAGEE a its wcc~ason
o: aaipn~ and no ~atenaion of th~ ~im~ fa tM p~ym~nt of tM d~bt i?~r~by ~ecw~d yiwn b; ~.w N10RTGAGEE or ia ~ucnssors w ass;yrq, ~hal1 opvar~
to rN~p~, d~~cMrp~, modify cMn~ a~fhtt fM upinal li~biliry of tM MORTCAGOR M+~ti-r. ~ith~r in whol~ w tn put.
10. It b ap~c~fically prpd thar fime h of tl+~ ns~nc~ of th4 contr~ct ~nd tha~ no w~{w? of ~ny oblp~riw~ ha~w~der a oi th~ oblip~tion w-
cur~d Mr~by ~h~li ~t ~ny tfm~ tMrt~h~r b~ MW to b~ • w~irN of tM t~rms h~rwf w of tM instrvm~ot saw~d Mrby,
11. In addn:on to tF» fwyo:nQ ~w.~~htY parm.m• of princ'pal ~nd im~r~f~ rpuir~d by th~ prom~awry not~ secured Frreb~. mort9a~w coven~n~a
~nd yr~s to pay ro mor~yyk w;th ~~ch monthly payrr~~t ~n addirbnal ~vm ~st~m•ad by morry.pe~ ro b. ~q~,ai ro 1/12 of rhs •nr,ual cw~ of rM follow-
~~Q: i
A-All real prope.ty taa~s bv;ed or ~ss~ts~d a9~init the abov~ d~x~ibed re~l ata~e.
8-Pre~,~ums on f~n and winaktorm insur~nq a~ Mr~tn requ~r~d fo b~ c~rried on tM improwrMnh situaf~ on tM ~bov* desa~bed pr~misM.
C-Pr~m~~m~ on such mortp~pt ~uaranty iniur~~ ~t mortpapk sMll from t~rn~ to time dNm (it to c~rry on th~ loan ~tcw~d he~eby.
Mortyaflee ~haN Irom tim~ ro rirn~ notify mo.tys9or ;n writie?p of th~ amounr dw and payabl~ Mrwnd~r snd tuch wm ihati tf+Ke~pon b~ dw ~nd
cey~bl~ on ~h~ dw da» of th~ n~xt monthly paym~nt ~nd ~~ch svoc~ssiw month tMreafrer untit mortyape~ sMl! notify mortQpor of • cMnQe in svc~
e~oun~. Such wms th~ll b~ ~ppli~d by matpp~ toward the p~yrr»nt of r~~l p~op~rty tax~s, inauranc~ pnm;um~, and mwtpa~ ~uNanty intwu~c~
p~fmflMH. .
IN TNESS WMEREPF, t!» pid MORTGAGOR has Mr~unro Nt hi~ Fund and aea! the d~y u firit ~s~id.
SMI~d It In of~
~~c~? ~a,f~ ~yc ~.~r~a~~ n
sT uaF c~ocan Fu. D. Je cs..~
s~s~:, ~~tr~
~1.fR[ C'nCU1T CqN ~ . ~3
REtORS 1?Fnif;EO f811 L. ~1QN6~ t3~a4
STATE OF ~Q a1~0 ~ ~ ~ ~ Se ~ ~
COUNTY Of R'~"~~"' ~ ~ t70S
~.lo.. m. pa.o~.uy .pp...,d Jack D. Je1i~e11 ~ ~
.i 11 ~ s~n I.. .le~t+ell hh wlf~, to nh vwll known ~nd known to er~ a b~
N+~ t++dlridw4 dau~b~d In ~nd wAo ~~uaiNd th~ fa~polnp kutrvm~nt. ~nd ~cknowl~dp~d b~fon m~ tMt tMy ~x~a+t~d tM ~«M for tM qxpw~s
rM+~M ~xprNwd. Md Hw N~d - an T.. ~ii9~.
«i~. ot th. ..~d JBCk D. ,Ietie~l vpo~n . apu.r. .nd P.tv.a
e=•rn~naian by m~ tak~n wp~r~b ~nd sps.t fran 1w. s~W tw~b~nd. ~eluiovrl~dp~d ro and b~fa~ m~ r1?~t sh~ ~x~cvt~d ~aid iroavm~.n hNly ~nd vo1w~-
~~niy w+d wiehow ~ny eanp~bton, oorwtr~int. ~PPnhMaion. f~~r of a fran i+K wkl hwb~nd.
WITNESS my h~nd ~nd pffkid ~1 fhi~- /7 d~y pf A, O. 14~
.
ry Public tn ~nd for tM St~t~ of ~~t lWp~
- - ~ M~r comm~s.ta, ucp~n.~ Chio
R~twe ta j(jDITH CALLAHAN
Firtf F~d~rd Swi~p ~ Lo~n AnotJatio~
Of fort P~erca Notonr I~Wic, Clork Coenry. Ob'a ~
Fort Pi~ru. Florida M~ Co.~iaiow bcpir.s wYpwt la, 1972 ~
%tt . . -
. _ - : 4:
This Initrumsnt Prepared By i~. E. BTatm t;~
Fir:t Fsd~rsl SavinQ~ b loan /4soci~tion `.•-x ~
of Fort Pierce ~ Florida ~;1`> y-: #
i
Chscksd By ~ R .
e.ccK1~5 ~ 5
~ _ l~e .