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3 io p'.icr a•~d c.:~~t~nuu:~s.~ keep on f1~e b~.. d~~.~s now or hereair~r e~t~nre on s.~~d ~and and on aG oq.,~p~nrn~ and penonal;y cove~e by 1~s mor
.;a. w th af~ ~ ri•~ • s rr~rreon d,n I~~ll, t~rr :~~s:ra.~.:r ~n tne ~s.,~S ?ton~a~d po'~ty form, in a s.:m a~pr~ved by Ihr A1JR~v~vEE. a~~J w~~dsto
-~s~ren;r in tht ~S.:d~ S'3nCjd•CI po:~cy to~~n, in j s.+m aFP~o+ed oy ~he !~~ORTt;,AGEE, Su.h Co~~'~rnry or to~r;:an.et ds the MU2i~AGEE m
!•~c+; a~d att 1,~a a~.d .+,ndsrcr~n ~:,su~a~~ce Fa~~~~~'s on any oi sa,d bu~;d,ngs, any ime~as~ the~e~~ or part thereof, in the ayg~rga~e s~~~ aioreiaid .
~ excess ~h~•reo}, s'~aI1 ;cnr.,in ~he ~i.,:.~ srand~rd murrgegre c~a:;se or such oihrr da.~se as the Mwtga3re may ~eq~.~e, ma?~ng the ~oss u~dr~ s~,d pa
•s r~ch ~~,d rver~•, pe,;:.~~e ro sa~d A~JRiG.4GEE as ~~s ~n~rr~s~ may ap~rar, end each and e~e~y such po•c~ sha~i be promp~~y assg~~ed and de~~.ered ~
h~•:J t:y so d•':,ORt'~•4G:E as i„nn_~ s_c~nry to s.~~d n,o~t~a3e d<ot. and, not iess than ten ~t0) diys ad.ince of the e~pirana~ of each pollcy, to d~
.er To :~.d `dJR;G :v:E a renrr:ai Ihe~rof, to~ethar v.lth a rcce~pt fo~ Ihe p~amwm of su:~ rer~rwa : a~d thrre sha~l L•e ~w f~re o~ w~~~dsto~m ~nsurant
;~c~~d on ary of s~ d ~.;!'d ~~_~s, any ~ntrres! ~?+e~e+n or part ~herrof, ~n'~~ss in ihe torm a•~d ~~ih ihe ~oss paiable as afo:esa~d: and in ~he e.e~t any au~
~.,oney b~c~ ~~rs pa~~b:e ~ncier s~.h poiicy or poi•c~es se~d MORTGAGEE ah~!i have ~he op+ c.~ ro rrca~:e and opp:y t:~e sa~~~e on acio~.~~ of the indrbred
^~es src_•~d he~_~y o~ ro p.~.~~,:~ a~.d MORTGAGORS ro reee~ve a^d use it o~ any par~ ~ne:eof ror e:~~..• ~;u:.::t~s. :.;rn~~t in••.u; ~r ~~~~p..~r
; ~ny ~q,, tr. ~ en or r•~h2 ur.c7~•~ c~ Ly vatue of thu cr.~:'gage; a~d in thC event sa d M02IGAGORS sha't to~ any rrason fai) fo keep the sa~d p~emiseS SO
__•••_d or f.,J to d_ ~~<< p•u~~~ptly any of sa~d poi~Grs of msura~ce to sa~d MORiGAGEE, or ia~: p:cn,prty ro Nay fu.1y any p'e•~~~~+n therafor or in a~y
~•,r ia~~ ~o ;>erio,m, ,;,s:~~_~ye, e~ec~Ta, et~ra, canplri~. co::,p+y w~~A and a~ide by th:a cove~a,~f, or any p~r~ h:reof, s+~d h~ORT3aGEE may p•ece a~A
, f~r i,;,h ~ni~r.:nce or a~~y pa~t t`,„..~i wahou? wai~inq or afiecring any opf~on, i~en, equ:ry, or n~hr unde~ or b~ v~rt~e of thii A1ort9age, a~d tht
~ a~~~o~nr of rach r:d r.rry s.,ch pay~nent shalt br im;nediarely d~e a:~d payable and shail bra~ fr.~rrrsr iro~n tha date thereof until pa~d at the rate ot
+~•r ;en+„~n ~ or e::~:~., a~~d t::~~_m~~~r Hrth such nvrrcit sha~~ 'ae srcured by th! lien Of thif mOrf8~9z~
.t. To pernn, co~*:^.~~ o: f~fftr no waste, impainrxnt or deteriuratiun of sa~d property or any part thercwf.
5. ?o pay a~t e~~d s~~gu:ar rhe tmts, cna~ges and exfxnae~, ~nciud~ng a reasonable atromey's fee and cests of abstracts of t~~te, incuned or paid at
: r~ bv s~.d \t~~R1~,.1GEE, t~ca~se or in the event of the Ea~lure on the part of ~he said MORiGAGOR to duly, pro~»pt~y and fu~ly ~i.-rfwm, d~xharge,
-..,'r, a,tect, cor~N:c~e, w~r~F.~y wnh a~~d ab de by ea.h and every the sripu~ai~ons, ag~ee~nenn, cond~nons, and covenants oi sa~d p:o,n~ssory note a~~d ~hii
r~a~e any or e.~t~cr, ~:~d s~ d costs, chergee and expenses. each and every, shaU be immrd~ately d~e and payabie; whe~her or not rhrre be no~~ce d~
d, a~te • pt ro co :rci or su;~ pe~~d ng; a~d the (~il amou~t ef each and ever~ such carn:em shall bea~ ~merest from the date thereaf unti{ pa~d at the
• c„~ ; rr ~ . n, r.,c ai; sa•d coars, c~~ar3es a~~d exper.ses !ncurred o~ paid, toyathrr w~th such interest, sFwll be secured by the i~en of th~s
~ r;~~yt.
6. Tha~ ;ar :n ~hr r~.ent of any brna,h of th~s Mortgagz or drfavlt on the part o~ ~he MORTGAGOR, w;b) in fhe event any ot aa:d sums of money
•c n rrf~~~r,•d b•~ ~•o~ F~o~~ ~,*iy and fui~y pa~d w~+lvn th,rty (3Q'r days neat a'r•.~ the s.~r.ie seve*a'ty beco~ne due and payabte, w~thout demand or not~cz.
• c; rha e.e~t eech and evrry ~he snpv,ar,ons, agreemenrs. cond.v~ons and covznaros of sa d promissory note and rh~s morrgagr any w e~ther are no1
;•c : r~,. an~ ~.:•;r ;,rrfu~~nrd. d s:harged. ezecu~ed, effected, comp~eted, compi~ed v~~rh and ab~ded Sy, then i~ e~~her or any such eve~~ the sa~d ag
;a•e s:^- ~-c. ~~°;i ~n se~d pr~m~ssery nc!e Ihen re~na~n~ng unpa~d, w~th inrerr,t ~ccr~ed, and a.l mencys secu~ed hereby, shall becume d~e arid pay-
....~n. e~ rti.e~c.~irer, at ihe e~~•.on of ss~d A10RTGAGEE, as fu:ty and conip:eTe~y as ii a!i of ~he sa~d wms of money were or~g~naily s~~pulated
. : s. ch d_i. ~n,!~,r.g ~n sa d F:.a.^•:ssory nore or m this 6lortgagr +o rhe co~~~~ary noi.~,~hsr~~.d,:~g: ar.d thereupon or therealte~ s~ the op~~on o(
~ i.•;JKiti~..~[t. r.o'~:e or drmand, s;+it at law or in eqvity, ther~fore or tt~ereairer b~gun, may be proaecutrd a~ if ell moneys sec~red hereby
' i~~a'..r~~i1 ~;'.:r 10 ~t5 ~:~5l.:VtiUn.
7. Ti,;• ~}~Q e,e,~r r},ar ar fhe beg~nn nq of or at any f~me pend~ng any w!t upon this :V~ortgaye, or to forecfose it, or to reform it, or to enForce
^r~t o! j:.v c~ ~~s !~•r~rd>r, so~d ~ti5Jk1G:aGcE sha~; appiy to the ~oun ha~irg ~u~+sdct.on th~rz~o+ {or the a;.ro:ntr:,ent of a Receiver, such Court shail
a;~c c~^t a~_c~~..r~ af sa~d rwrtgay~d pro+xrty eiE and singv:ar, ~nuc,d ng a,~ a•~ci s:;:~•~.a. ti:e ~rco:nr, p~of~~s, ~u~es and revenues from wh,~~rve~
?~~,t{ e~~.~Y pi an:h. ~t be~ng express:y unders~cod. ~a htreby rrc~~g~ged as ~f spec ~~cally set forth and destribed in !ht g~am~ng and
-,-i_ c a,;srs `~~•~~.e~, a^:i s~ch Rrce~.r~ shau have a~l ~he br„ad a~d efiec*~~e fu^ct.cns and pe.~ers in any~w~se ent:usted ~y a Co~~? to a Receiver, a•~d
,,::,•r-•~:~+ sn, be ~ it oy r_ch Co.:~t as an ad.•~~tt:; equ~~y a~~d a rref~e~ ot ats~~ ~re r.gM to sa~d MOR!GAGEE, and wrtnout reierence to tha
~;;r p• ~•ec.+_•; ~~:i o' t':a va:~e oi :he property mo~tgagrd or to the s.;.vrrcy er ~^,se .rncv ol se~d MORiGAGOR o+ the detenda~ts, and that such
s,, or.~s. ~^c: ~~r, :ss;;es .~~~d re.e•r.ces sha!i be app.ied by such Rece~ver accord,ng to iF.e i~en or eq~ity of sa~d MORTGAGEE and the procn:e o( such
:rt.
Te d,.': r~;•• c'°y a•,d .'u.~y pertorm. a~s:herge,,exe:uTe, efEect, compirte, comp'y n~th and abide by each and every the stipu!ations, agrteme~ts,
....~ns and i~.~ ~ us ~ se~d pic•-•,sse~y no~e and th:s m~rrgage set fo:ih.
9 T'~>r.• ~n mr e.•r~~ rh~ o..neni,;. o~ fhe :^ort~aged pre~*~.ses. or any pa.t tnereof, becomes vested in a perwn other than the MORTGAGOR, the
" R?i,~~:E :•s s~.c~ss_ s a~d 3s•~3ns. c:e~, ..!ho.,+ no~-c~ ro The \~ORiGaOR, deal w~~h auch svccessor or s~ccesior ;n ~nteres~ w~th refe.e~ce to th~s
_,;3~ _ ~_,:r ~;,y se:~~ed ~n tiis sae r n,arr.er as v~~th 1.te:!gago~ ~w',~hcut in a~y way vit!atirq or d~scharg~ng the Mc~tgagori liab+:ify hert
o- ~•:.r src~.,~_~d Ne s.; e o.' rt:e F•r ~.:ses hrrcoy m~:~tgaged ard no Fo.beara~ce on the par~ of the ?AORTGAGEE w irs successors
; s a~ d• o~.•~~• ot The r:.~.r {o. s~e p~v.re~~r ut t~e debr he~eb~ :ec~red g~ven by the hSJRSG~GEE or ~ts s~ccessors or asrgns, al~ail opera~e
rr`~-~s_~. d sc~a 3e. ^~~.d fy c~:r.~e or a"ecr ~ne a~g,~:ai I:ao.; ty of ~ne MORTGAGOR hxra~n, e~ther in whole or i~ part.
tr :s s: . ced ihat r~me ~s ef tV,e ease ue of rh~s co,:rcacr and fhar no wa~ver of any ob!!gauo~ hereunder or of the obligation st
•d !;_rc::y s-a a' s:~, t.,~e re~~~~=a'.e. t,e he:d to be a v.a~.rr of the terms hereof or of ihe 1•~strumem secu*ed he~.`.y•
j , i•., .-o r ~'e•,~: r..i o~ri: y:,.~y•, o! p~i~~.c pa: and ~-~~r*csr .eat:.rtd 'uy ~he p~om ascry ~,ore t.cured htreb~, mo:tg3gor covenants
! • .:s _ ~~~_r. „,.,•h. ;.a, e"r ;r. ac.i ~,0:,3: s•~~+ rs• ~~red b; mo~t3.~gee to be eq~a~ ro 1 12 of r~e annual cost of the foiiow-
i, i' cF: •s '.i or asse«_~d ag,~• st the above desa~.~.cd rea~ es~a!e.
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t ~ ,,;i>+~• ~^s~_r,, :e es i~r•~•n r•q,,,.ed to be ca•-~-d c~: the r*,;:rcveme~ts s'oat- on th; above d~sa~bed premises.
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C s c> ;_ch •••o~f~-g-• gua.e~•.r~ ~rwra:.e as mar~gage. sha~! fro•r sr~e ro ~.•ne otem f~' to ca~ry o~ the loan secured hereby.
3 , r ro ~'e :~c•~f, n~crT~ago. ~n w<<r;~zg of tha a.--ou~t d~e and payabie here~ndar and such su~r+ sha'! there~F;on be due a:x!
j • _ , , , , ~ . . , , s,-~ _ ~~~d esch su:cess~ve Ta~-.'h thereaf!-r urs~' mc:r~3gee sha!I not:fy roo~tgaqor of a change in s~ch
- , ~~.r 5, , : e.,~ ..a•i~~ •c tor.ard ~ne r+~^~-^• c`. rre! propert~ ta,es. insurante prem.uns, and mortgage guaranty insurance
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~ ~•y ;;f?>~L,j ;,y;R_;)F ine sa~d~h'•ORTGAG02 has h~reunto t ~d seai the da d year firsf oresaid.
~ . s:g~ , s~ ~~d d de'~vered ~n he F~eser.ce or: f1LE0 1?K~ I~'~~l~E W R~D~AS' ~A?ES, INC.
~ ST. LUC1E COUMTY Fl~• ' L
~ ~f~.,.._- ~,~~1C~~1 - ROG~R POITitAS ~ ` 4 - (Se+O
- ~~1~ CIERK C?aCU1T COU~T ~ z ur , resi en
- RECORfl VERlFiEO~ ~
} - - - - _ - - - - ~ P~ra~ . Te~
i n, ecre a~aq
_ _ _ - - No~ 15 314 PM 11 .
~ - reasurer
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~ 21889U
~TATE OF FIOR{DA COUNTY OF ST. LUCIE
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~ 1 HEREBY CERTIFY, That on th~s ___1~~ day of__._ __Noveaber A.D. 19_'Zl_,
'y Arthur F. Wood Ne+rart M Te azia
before me personally a~peared and .~1_
~ Treasurer
~espect~vely . _ Pres~dent and - - _ _ _ - - _ Secretary - - - _ _ . of
~ _ Wooc~,_ Beazc~ and Associates,_Inc. ; a F~oric~a _ Corporat~on, to me '
- known re be the persons r~escr~bed ~n and who exe:uted the fo?ego~ng ;nstrument, and severaily acknpwJ~dged the exe-
_ _u!+on the+eef ro be :he;r free act ar.d ~eed as such off:_e~s for the uses and pursoses there+n r~~ ion~~;•'_'dnd, that they
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a'f~xed thereto the oft~c~al sea! of sa~d ,orporot:on, and the said inst-ument is the act and At~ o~ sa~~ cerporation.
c, :
'vJfTNEaS ^~y har.d and off;c;af seal a! Fo~t P.erce said county a s.
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Notary Publ~c, in and for State and y, afor.¢sait~.
My Comm~ssion Expires: Nlohry P~p~, ~prt'
_:w My ~ommss~~, Eya..: ~q.r ia, io~'
8ondtd by transamenta In~u•ar.;a C~
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~a~K1y7 474
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