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• To plaa a~d cootlnuously kNp on tM 6viWinps now a h~nahM ~i~vaN on wid I~nd ~nd an ail putpmem and p~nauly oownd by N+i~ n~aq~ t:
ap~ with all p~«niwn~ t!»non p~1d in fulb iin Gaww+c~ In ~M utwi stu~dKd policy fornb in • wrn +PP~owd bY fM MW~iGJ1(3EE. ~nd wi~daann ~
hywM?o~ b ~M wvd qaedud poliry forn~. N a wn+ approv~d b~ht MORTtiAGEE. M? wch ~Y a oanp~nfh K N» MORTGAGEE n~
dM~et~ aed all fin and windtwna l~wana poliewa on aMr o~ ~aid bulld'r~W. ae~ b~N~w d+a~tn w pa~t thawi, h tM pp?~N ~wn ahnMW a
M~eaM MK~o/. ~MII aont~in th~ wusl s~andard iaa~~apN elwN a weh al~ d~vs~ ~t ~ MapapM n~ar ~sp~ir~„ enakino th~ Iw~ w~dn ~aid po1F
cIK. .acl~ .nd way. wY+bN w s~fd MORTGAGEE a in ~~.~a~ ~ay ~ppur. ~nd ~ad+ ~nd ev.ry wd~ policy ah.ll b~ pro~n~pNy .a:pnsd ~nd d~uwr~d a ?
~ny MW by aW MORTGAGEE a funhN wcwhy ro said maqap~ d~W. .~d. na kas Nw~ ~.e 1i01 day. ~n .dr.ao. ol ~h. eapranon oi ..d~ poucr, te dt
lirw b ~+fd MORTGIIGEE • ruiew~l M~rwf. topaMr wi?h a naspt /a IM pe~n?lwn of wd~ ~~nrwalj ~nd tFw~ shall b~ no fin a win~h~am Imwana
ptaad on ~ny of ~Id bvildM+~„ aiy tet~ra~ NNnin a pa~ N~wf. uelas In t1M fonn and whh Nw loa p~y.W~ «~ta~s+tdi and In dr ~wn1 any win
d mon~y b~wnw~ p+raab u~ wcl~ po~icy a poiicsa s+W MORTGA~3EE shaN Mw ~M opt~on ro r~aiw u~d ~pply th~ Nnr on acoowu d tM M~d~k?t~
ew acur~d h~nby a a pKmit uW MORTGJIGORS a naiv~ and v~ N a aoy parr ~h.r~of ia o~h.r pvrpo~.s. wirhout ther~b~ w~ivlny w imp+h-
tnp +~Y puitl?. Ii~n a ~ipht u~~ a by v4tw of thi~ mortqap~r ~nd ie ~M ~wm wkl MORTGAGORS sMtl fa any na~on i~(1 w kNp tM a~id pnmi~ a
Iewur~ a f~ii to eMliva pramptly arr of ~aid potidN of in~wana to wId MORTGA<3EE. or fail P~~P~hl ~ P+Y ~vlb +eY W~fu~+ tMrefa a M any ~
?hp~cl tNi b pKfornl, dhdurq~. ex~cvtq tfftcf. aompl~t~. oa^PIy wi~h ~nd aMd~ by ~hi~ cown~nl, a~ny pwf Iwrwi. ufd JNOItiGA6EE maY P~ +^d ;
pay ior w~d~ ina~~no? a any psrt tha~of without w~Mrq a~fl~eNnY op~ion, ~Nn, q~V. w Npl~ ur~ a by virtu~ d NiN Maqp~, and th~ _
full ainowN oI tad+ and wwy wd~ paynrM sMll b~ ~ron~Nly du~ and pnnbM ~nd sh~q bw M+1snq kah tly dsN 1M+wf wrq p+fd ~1 th~ r~N d ~
nin~ pN a~nn~n pN uw~nn and to~ther wiM a,d~ i~rar shall b~ wcw~d bt? tM tien d thk enoApp~. ~
To PKmR, aomn~it a wHu no wat~. ImWkm~nt a d~tMior~tio~ of wid prop~efr a w~y pw1 tiw?wf.
S. To p~y ~II ~nd akgvtar th~ oosM, cFwqN ~nd ~xp«+ws. MKlud~ • na~onabl~ ~naMy's f» and aoqs d~Mdracb of fltN, kKVned a psid ~t
any ttm~ b~r wd MORTW?GEE. b~uuM a in ~M w~?t of tM fa+lw~ on the p+rt ~aid MORTGAGOR a dutr. Pro~^oty +nd fulh P~.foma dacM~ '
~s~cv». tffK1. oompNb. oon+Pb with and ~bid~ by Nch and wery tM stipui~tion~, pr~n~nfi tond'tloer. ~nd aov~n+nM o~ wid ponJ~tay noq and thi~
matyap~ an~r a NrMr, and ~W eoat~. chrp~s and ~xp~n~. saeh uW w~r'y. shaFl b~ in+n~diat~y dw arw! pay~bl~r wMthu a ea tMn b~ notta df "
mand. athmpl to oolbe! ar wit p~nd'inp~ and th~ full ~mow~f of ~t and wKr sud~ WY~M sh~q bNr intK~sl fran tM d~N M~not uMll p~W ~1 11~
rat~ ot oir» per antum p~r Wrx?ny and ~II aM wst~, cl+upes and ~zpMNS inairrd a pud, wp~th~r with wch fM~r~b dwU b~ acund by th~ Ra~ ol thi~
^+o?p+p~. : .
b. 1Mt W in th~,~wnt of «+y bnad+ of thi~ Mwt~a~ or default on Hr pwf of tir MORTGAGOR. a(b) in ~M wa~1 ~ny of s~W w~n~ of namy ~ ~
he.Nn nf~rt~d to b~ na p.oeeptfy ~nd fu{y paid within thkty t30) d~ys mxt ~fte? flr wn~ s~vwNly b~con~ dw.and WY~W~. withou~ d~n~nd or nafai.
or (d in th~ ~v~nt ~ad~ and wKy tM st~w++~+t~o% +pr~enaMa. eondit~orn ~nd eownants of ~a~d paniswry not~ and tlrs mo.tpap~ ~ny w~ith~r ~n na
~h?. P~P~~Y ~b? p~rfora?~, di~clw~xl. ~ata+ud, eff~cl+d. oon?Pbt~d. comPli~d with ad abided by. thuf M? tither o? any such ewnt th~ said ~ -
prp+h sao rtientioewd in ~a~d pron+issory not~ th~n ~ininp vnpaid. with int~.~st acwwd, and ~II mo~xys wew~d I~~by. ~h+l) b~oom~ dw ~nd P~Y~
~bl~ forthwitl~, w thK~aNer. ~1 th~ oprion of s~id MORTGAGEE, ~s futly ~nd oomptetely as if all of th~ ~ald swm of mon~y w~n oripin~lly stipulated
to b~ patd on wcl~ day. +eY~iwnp in sajd promissary rwb or in this Mwtqa~ to M+~ convary eaw~tMund'u+~s u+d thK~upon a thK~ah~r ~t th~ option of -
said MORTGA<3EE, without eaice a d«n+ad. wit N Iwv w in puity, dia~Fw~ w Mu~afNr bpvn, may b~ pros~cut~d a if aN mornys acw~d h~nby
had matur.d p.~or ro~es ina~~wion. -
7. ~t In th~ wlnf that N tM b~u~g of w at ~ny tim~ pM+dinp ~ny wif vpon this Matpap~, of"!o-forielo~e N, or'tr, rrfam p. a to a~iwa
~ymer?t of ~n~r da6ns 1»need~r, iaid MORTy/?GEE ~I»II appiy to tM Cowt Mvinp ju~ndinion the~eof for the ~ppo6qman d~ R~ceivN. ~uch Court ~MII
fwthwith ~ppoint a nuiv~r of aatd mort9sy~d proputy aQ and sirgvlar, tncludmp all ~nd sirpuiN tlr tnca~w; pwfin, isw~s ~nd rwRaws han whatwM
wwa dMiwd e~ ~nd ~wry of which~ H beina expressly undastood, h hKebp mo.tgaped a ff sp~cificdly s~t fonh and d~wibed tn th~ prantinp and
hsba~dum clausa Mnef, u~d wd+ R~o~lv~r shall haw dl tM bro+d ~nd ~Hectiw funct~a+s ~.~d pow~rs in M+ywis~ r+trw»d b~r ~ tourt w~ R~aive~, and
such ~ppo~anrnt shall be mad~ bp wch Coun s an admitted eqvity snd a man~r ot ~bsoluq riyM w said IY10RiGAGEE. and whhoul nfp~na to Nr
~deqvaqr a inad~qwey oi tM valv~ of tht propaty nqrq~p~d o~ to t1» wlvency w insofwncy af said MORT(iAGQR a tly d~f~e?d~nH. and thN weh
rents, profit~, intome, itsues and rwanuta sh~tl b~ appli~d by svth R~u1ve~ saordu~y w tM li~n ot pvity of said MORiGAGEE ~ed ths p?actio~ of suci~
Cowt. "
8. To du1y, ixompty and fuiy pKfwm. d'ixhsr~, exea?ts, effect, comPkte, ca^P~Y with and abid~ by s~h and ~wry tM stipulatiaa„ +W~eentnt~„
condition and coven+nq in said prornissory ~oq and this mortg~ sst fonh. _
9. ?hat In th~ ~wnt th~ ownNShip of tl+~ nwrty+ped Pren+iHS, a a~ put tl+ereof, beoan~s wst~d in • pNwn otha th~n th~ MORT('sAGOR, th~
MORTGAGEE, ln waeswrs ~+d as~ip~ may. w:thou~ nwia ts tM NWRTGAOR. dNl with iucfi waeuor a svcc~sso. in imerea with nfsraKS w tF~
mwtQ+p~ and t!w d~W hereby aewrad in tM wae mannts as with Morty~por widpu~ M aay, way vitiatirg or ~cMroinp fh~ Mort9+0as' ~~Y ~
unda w vpon th~ deb~ hK~by s~cwed. No ah of tho p.emis~s hs+ebY n.wrp+ped u+d no fw6~aranoe on t!y pwt of tM MORTGAGEE or ih a,oon~ors
o. auiym and no extemlon d tM tune for tM psymeot of N+~ d~bt her~by s~cured QhNn by H» 1Y10RitiAGEE a Ms suaassors w asiipm, ~tl op~r~t~
ro nltas~ dischary~ ~nodl(y clw+ps pr sfiscf the uginal liabiliry of tM MpRTGAGOR h~r~iA. ~ithq iA wh01e o~ in p+A-
~
10. It is ~pecificaUy apred th~t time k of t!» esw~ye of this ooNrap ~nd that ~p waivK of any:ablipstion Mr~ue?dK a of tlr oblipstlon ir -
cured Mreby sh~N n~ny tirne thersaftK M l~ild to b~ ~'waiwr of th~ tKms Iwr~of a of tlr imtrvma~t secvr~d Mrby. ~ =
11. In sddition to the forego:rg monthlY payments of prir~c'pal ~nd interest rpu'wed by ths promiswry not~ secvr~d hsreby, mortqpor oov~na~h -
and aprees to pay ro mortysgaa with each monrhly psyment ~n sddirional sum estimated by mwt~~ to b~ pual to 1/12 of ths arawal cast of tM folbw-
"'y' .
A-All rsal propertr taxes lavied w~asses~ed ay~irut~the above dewibed re~l esate.
B-premiums on fire and wi~dstorm ~nsuruKe as htrtin ~equ:rsd b bt tsr~itd on th~ improv«neari sifvat~ on flw above described pn~nnes.
C-Premiums on wd~ morty~ge ywcu+ty i~awance aa mortyage~. shsll (rom tkne to time daam fit ro urry on tht ban uwred henby.
Matgagee shstl irom rim~ to time notiiy mongapor in w?itinp of th~ amount due and p~yable herew~de~ ~nd wd+ w~n s1+all tlwre~pon be dve ~nd
~ payabl~ on the due date of the next monthly payment and each successive month tt~eresher until mat9ap~e shsll notify mortyspor of s chargt in wch
~ amount. sums ihall b~ applied by morty+ye~ toward the payma~t of resl property taxes, irnuranu praniums, and mortpap~ pwruuy inwra~p
I ~ j ' ~
~ WITNESS WHER sa' MORTGAGOR has hereunto s~f his hsnd ~nd sesl iFK day aq~e~~,C / af i~
~ ~tM pr~s~nce of: ~ ~ ~ , ~ ~ S!a 1 ~
~ . a
I ~
~ . aus
W n N
"t i .
STATE OF FIORIDA ~ . l ~ ~ . _ $@a l
~ St . Luc ie } a~e a . ~ ,
counmr P ,'-a• _L i~~, ` * y::i
, = ~
6.for. n+. p.rwnally .pp~a.ad
Wayne B. Newman and Paaels P_ N.~ .n ~ h~s w~., w~,,,f; ';i~jO e,
rhs Ind'nidwb d~wibd io a+d who ~xeurtd th~ for~parg iratrwn~nt. ~nd acknowl~d~d befan rn~ tfwt M~i;~i ' fs~lpe~N
Janet L. LiCausi and P "=•r
k nc~.etn .xpnssed. Md tM u' - -
Pa ul P . LiC u i W - ' - ~
wN?yof th~ said _ '~R~'
examin~tion by ms uken separ~M and ~part from her said Iwsb~nd, adcnowl~dy~d to a~d b~fon m~ th+t sM ~xewNd~
rarily ~nd witho~t ~ny campulsion, constraint, appre or fw of or f~om hK ~ald~ :~~i ~'1
WITNESS my Mnd and off'Kial seal tl,~. ~-Q-~ ~y ~.~~/Yx1J~CiS~ ~''~i~~~~~au~n~~!~;~,~'i~-Z~-
L, _~"'~~.~'_y~'c~=.~ '~t'
[.f.~1 iQ LJ'~ " , • -
~ry ~Public i~ ~ed fw Siat~ of Haida ~t Larps
Retum To: My Cam?~ion ~xpires: ~ - / ~
Rrst Fedual Savirg~ 3 Loan Aswcistion
Of fort P~erce.
fort Pierce, Florids
3445~ ~
. ;
This Instrument Prepared By Donald 8. Hughes ~
First Federal Savings b loan Association ~ ;
of Fort Pierce, Rlorida ;
' g~9 i ;
Chedced By~.~t.~ • 6 ~ ~R F
REC Y~~~1
o ~ ~q ~ ~ 1i ~
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