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T. pl.c. oo~Yw~awhr ~P o~ N~. aMw:p. row w Iw..l+w ,Mud. oe .s+a IMd «d o~ .a .v~~+w~1 .ne ~na4uy cev«.~ a wJ. Ma
~~wilA ~M pMwirery M«~ow p~ iw hiN. fire ieww«~u in N~ wwl a~ardwd PolitV la~w? In • tiww ~pprowd d,r NN MORtW?~3EE. a~d wind~a
i~w~woe N 1M rwM a~A po1~ torwl. M~~ww ~pprowd br N» 1MORTGAGEE. M wd oanp~r a~w~i~ M t1y MORiGA<iEE iw
~~t ~ NI fin ~nd w;nd~wrw 1n~u.r+a poticiN on ~n~? of ~+N luild~no~ ~r Ma~nu ~MrNn or p~rt Nwnol. in NM pOrp~N w~w ~lor~+d
Iw ~strn ~Mrwi. ~MY con~ain ~M uw~l W~nd~rd ewrppN ctww or wd~ aMr daw~ N 11» Ma~Y+~ n~ hqvw+. ~?MY N» :a~ w~da ud po
c1w. wd~ ~nd ~ry. wraW~ a wid MORTGAGEf ~ ih u+M.es~ n~.~ pp~ar. and Nd? ~nd ~w.r wd~ Pa+~t? ~+~1 b~ pra~pNy wqn~d and d~liwn+i ~
~r M1d ar wid MOl~GAGEE a~ fu~+lw Mevrihr w s~W n~or+pp~ d~W. a~d. nw 1w ~Mo hn (101 eM~ 1n ~dv«w ol tM ~aph•tion of Meh po~ky. a d~
IiNr 1o Mid MORTGAGEE ~~wN ehw~of. wQNlw? with • npipl for NN pr~miwe of weh r~+~w~4 and lMt~ s1~a11 b~ no fih a wird~lw~n MtwMt
Pl+ad a? ~M d+~id buildr~Y~? M1? Yw~Nt tMr~in a put MKwf. uaba~ in ~M fa~n ~nd with tM bas p~y~bl~ a~fa~slfdt snd in tM ~wiN ~n~ wn
04 ~na~rp b~oawp p~yaeM urd~ wd~ policp a policies wid N10rtTGl1GEE ~Aall 1?~w rM opt~w? w no~iw ~nd apply Hw s~ on ~ooount d tM• M+d~bt~d
~s s~cw~d h~r~ o? ~o ~rnQf Nid JMORICJ~CORS ro?~qi» ind us~ it or ~ny pa~t tMrwf fo~ other pwpw~s, withoul ths~eb/ w~ivi~p a ~mpair
~^9 +~Mr puih. Wn p•ipM wd~ ~ bY ~~~ro+~r M+d in tM •vM~ wid MORTGAGORS sM11 t« ~ny ~wn Idl a k~ep th~ s~id pn~isN w
ieMw~d. a faN q dNivM Ora~pM1? «+Y of said poiiei~a o( insw~np a s~d MORtGAGfE. or fail WanP~~Y ro WY fully any p~mium tM~rfa a M any
n~pc~ f~ b pNforw~, di~~. ~~uar~e. ~ff~ct. ooinpbt~. oomp~Y with a~d ~bid~ by tNs cawnant, a any pat hawf. aid MORTGAGEE mar pl~a aed
p„r br wd~ iwu~a or Pwt 1Mnof without waivinp or df~inp ~r aWion, ti~n. p~ity. or ripA~ und~. w by vinw oi thb Mwtpap~ ~,+d tM
tuU «nouer of Nch ~nd ~+ry w~d? piyrmro iMU b~ imr~diat~ly dw ~nd p~y~bl~ ~nd ~!»ll b~ar 1ntK~at fran tM d~h tM~~of vmil paW at tM aa ot
nin~ p~r amwa p~r ~n?um and 1opNhet with wth kHKpt shrlt b~ s~cund by fh~ li~n of N~is mwl~p~.
To p~y aonrnit a wff~r no wa~f~. MWirnknt or d~teriordion of s~W propKty a any pwt tMrwf.
S. To p+~r ~II ~nd sinpubr ~ ooat~, cha~q~s ~+d ~xp~ iectudtnp ~ ressawbl~ anan~y
i h~ ~nd cosq of ab~naN~ of tHl~, fncvnrd w paid a~
any r:n~ by wid MORTGAGfE, ba~ a in tM w~nt of tM failun o~ tFr pah of tM saM MORTGAGOR a duly. prompty a?d fu1N putorm, disch+ry~,
e:a~ouN, ~fhct. aompk~. tiomply with and abid~ b~r ~sd~ ~nd ~wry tM ~tipulatia?~. prt~n~e^ts. conditiorn ~nd cown~nt~ of said promii~ory nols and thit
+nortp+p~ +n'!? a~itMr. and said ooap. dw?p~s ~nd ~xp~nws, ~ach and wv~, ah~ll bt imn~dia»ly dw and pay~bN~ wMtMr a eot thK~ b~ not~u d?
~nand. +tN~~p1 w oolMct w wit p~n~6npj ~nd th~ fvll ~novnt of wch and wery wd~ paymN+t sMll b~u int~~ from tM d+t~ tM?eof ~!il p~W ~t 11K
rate Of niN p!r cNNUn1 pM arMnKn; and ~II Mid CoNt, th~rqq utd ~xpfnsts i1fCVff~ Of PiW. fOOftMf WifA tVtI1 il?fNpt, sMll b~ s~cw~d by ~M li~n of thu
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6. 11w1 in tlw w~nt of ~ny brs~ch d ti~is Mortpap~ or ~fa~lt on th~ pert of tF?~ MORTGAGOR. a(b) in th~ .~vMt ~ny of s~W wms of mon~y
herein r~i~nd w b~ nw prampty ~nd fully p~id withM thirty Cd0) days ~xt ~ftar th~ we~ srvN~lty b~can~ dw a++d WY+b~ without d~rnaed w notios
or td fn the ~wM exA and ~wry th~ stlp~rlationr„ ~r~ena, ca+ditiau ~~d cov.n+nn of s~ld promiuwy na~ ~~d *!us matpape anr o? ~i~hK are no1
iuy. praepthr wd fulh P~rfo~m~d, d'adwp~d, ucewt~d, ~fhchd. compl~t~d. compli~d with a?d ~ti~d~d by, tMn in ~itMr w ~ny such twm tM s~id ap~
prc~st. wm m~ntion~d in s.id p.omasory noa N+rn r.maiNnp w~paid. wirh inrer.af .cuwd and .11 mon.ys wcund Mr.br. sh~ll b.cam~ dw a~d P~r
+bk forthwi~h. ar tl~afta, ~t tht option of said MOR7GAGEE, a fully and canpl~ttly ~s ff all of tM taid wms of maNy wen o?ipir?Nly stipubted
a be p~id on w~d~ d~y. +nY~hirg in said promissory nae o? tn this lNorpap~ ro th~ conrr~ry notwithst~ndinp: ~nd thsrwpon o? tMn~ha at tM op~ion of
sa;d MORTGAGEE, without naio~ a d~mand, wit n law w in puity, tMr~fon a tMreah~r bpun, m~X b~ prw~cut~d as if NI maKy~ a~aK~d I+u~by
had m~A+nd prior w i!s iastitution.
7. ?hat in th~ w~nt th~f ~ fh~ bepiminq of w at u?y trn~ peedinp ~ny wN upon this Mwtyaps. or to fonclos~ M. or to refonn N. a~ fo ~nfwa
paymtnt of a~r~r daims haw~dts, said MORTGAGEE ahall apply ro tM Court Mvirg jwisdittiw~ thtrwf for tM •ppointm~nf of ~ R~CtivN. Wch Cawt slwll
fordwi~h appoien a ncsiwr of said mortpap~d properfy. all u+d sinpula, lncludug all and sinpul~r tM incom~. profin, issws and nwnws from wh~t~ver
•axa dKir+d. tsch and ~wry ot whicly it beieg ~xpreuly und~rsrood. ii ha~by monQ~ged as if sp~cifiully t~t forth a~d d~serib~d in th~ ~aetiep Md
h~ba+dirn ct~usss her~of, and wd+ R~oeiver shall Iww ~II tM bwd ~nd ~ff~ctiw functiau ~nd pow~n in ~nywite Mmated by a Cou~t to a Rac~iva. ~nd
wcl~ apPoin?m~t ~ha0 be m+d~ by wd~ Courf ~s an admitted puity ~~d a matf~? of abwtuq ri~A~ ro aid MORTGAGEE, and witlwvt nf~r~ to th~
«l~quacr a k~sd~wcy of fM wlw d the pop~.ty mortpp~d w to ths sonnncy or ;nsolw~cy of s~id MORTGAGOR a tM d~f~nd~nts, ~nd tha~ wch
rems. profia, iiwaer. hsu~s and rw~nu~s ~hall b~ appli~d by wch R~c~ivN ~cwrdinp to ti+~ lien or pviry of said MORTGAGEE and tM pr~ctia of wch
CoutR
d. To dulp. PromP~b and fvlh Pafonn~ d'aehup~. ~ac~cut~, eff~ct, c~ompl~te, oomply with and abid~ by ~ad+ ~nd w+rY tM sKPe~+tioeu. +pn~~ts.
ea+dtioe~ and ~nu e~ s~id promiasory not~ and tha mwtyap~ s~t fonh.
9. iiwt b d» wem tM own~ahip of tM mortpp~d pnmiNS, a~ny p~rt tiwr~of, b~canN wshd tn a pNwn otha tA~n tM MORTGJIGOR. th~
MdCfGI~GEE. i1s aioaaors and ~a~pra, en~y, wbl~ow noriea to tFr MORTGAOR, d~al with sueh se,a~uor or sueuuw in int~nat with nfa.Ma w H?n
n+wq+p~ and t!» deb INr~r s~ed h tM ~a+» m~ne~ a with lNort9apo. without ln ~ey w~y vitiaHr?p w discMryinp tM Mon~apas' li~biliry h~h-
undK a upoe th~ debt hu~by ~eawed No wl~ of th~ pr~miks Mrtby morrpp~d ~nd no forb~aranc~ on th~ put oi tM MORTGJ?GEE o~ ita warsaas
9? wiyns and no ~xt~nsion of the time for t!» psym~nt of th~ d~bt Mr~by s~cvr~d yiwn by tM MORTGAGEE or itt woassots a assgea. ~hall op~rat~
w~~, modtfp dw+p~ or aff~ct th~ oripinat liability of tFN MORTGAGOR F»?dn, eith~r fn whot~ or tn pWt.
ta M b ~P~o!F'~u1h +O~~ed Hiat time i~ of th~ ewno~ of this contract .nd th~t no w.iwr of sny obli~at±on Mnunde~ or of th~ oblqatlon si-
ar~d lw~by shall a arqr tyr» tlwr~aff~r b~ Mld to b~ a wdv~r of Hw t~rrrr Mnof a of tM (natrwn~nt Mcund Mrby.
11. In addition to the faepo°rg moMfily paymenN of princ:pal and Int~rqt rpuirsd by tM ptanitwry not~ ~atur~d Mnb ,
~nd apr~as a pay to morq~ wirh esch momhlY WYmem an add~rionsl sum estimaed b mat to i~ Y^10~~ cov~n~nts
Y ppe~ pwl fo 1/i2 ot tM ~mwl cost of Na foUow-
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MAU ~~sl poperty ts:p I~vied or ~ss~ss~d yairut the abov~ described resl esta~.
6--Premiurtn on fin and wr~ds~orm iMUnnce ~s herein req~irsd to b~ urried on tM improvements sitwt~ on the abow d~wibed premises, `
C-PrMwwns on such maty~ pwranty insur~nu as morty~pN shall froen time ro time dNm fif M tury on tM Iw~ secwrd hareby.
Matp~p~e shali from tirM ro tirn~ norify mwtypor ;n writinp of tF~e ~mount dw and pay~bb Mrwnd~r ~ed such wm shall tharwpon b~ dw a~d
G+fr+bM on th~ dw d+t~ of tM n~xt monthly p~ym~nt and ~aeh suwsaiw month tlwn~Ner untit matpapN aMll notify mortp~ of • eh+e~p~ in wch
arnawr. Such swn~ shall bt ~pplied by maiyapN toward tf+~ paym~nt of r~~l prop~rty tax~s, inawana pr~miw~u, ~nd mwtya~ ywnnty ywx~nq
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IN WfTNE55 WHE~EOF, U s~id RTGAGOR has Mrwmo s~t hb Mnd u~d aeal tM d~y and y~ar fint ~for„aid.
+d iwr th ~na of~ • ~ _
iam F. Watson, a single
adult ,~q
~ R--o
r .
' STATE OF fLORIDA ~
i couHrY oF St. Iucie
! p.,,a,.~, ,pp~.,,d Willism F. Watson, a single adult ~
~ - - 6oC~ to n~ w~tt keown ~nd tmown b m~ to bs
~ th~ i+dvidua~ dwarib~d in ~nd wfio e~a~t.d t!w fa~poirp Innrunwnt, and ~ckno,wbdp~d b~(on nw 1hH /1~ ~x~cvt~d th~ un~ fot tM pwpw~s
E tMn~n expnrwrd ,rf~,~re~,e~r
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~ - WITNESS wrp Iwid ~nd offlcial ~1 d~y of Ml . - " • , . p~
E - R:~ ~ _ .
; ary Publk in Md th~ d~ _ i10~ N ~
R~turn Ta MY Caewniwb^ ~ap4N~ ~ . ~ • O \ ~ ' :
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~ w.r F.d...l s.rin~. a toan ~?..oct.rion . i!`,.i.°;~
; Of Forf Pieru. ' r.,:_.• ; `
f fOft PM/C+~. f~W~ . . ~ e.....l~ ....r_ _,..._.b~.'...~:Lv -t1,I. 's-/:~ r:i `4`•
~ 'i~~ :tn~~ ~
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; This InstrumsM Pre red B J. H. Robel'ts Jr. f LEO ANp RECOROEO
~ Y s s~ lUC1E COUMTY flA.
s Fint Fedenl Ssving~ d~ loan Association ROCER POlTNA$
~ of Fort Piero. ' Flori.da rtECORO vEo
fiEO COU11T
~ Y1L
: c.~«~«i By -
~ : a~x201 PA~1705 a~R t~~ ~o s2 a~ ~7t
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