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To pl~a and conthuousy ke~p on ~M bulld~nps now a Mr~afeN ~hu~N on s~W lard u~d on dl pvlpaweN ind p~nondly oova~d by ~hN narq~
~ps, with ~11 p~wnlw~ tM.fon pa~d ie fv!!, !b~ ins~r~nc~ in ~M wwl q~ndard polk~r fonn. M• sws approwd by tM MORiW?GEf. +^d wM~d~~a^~•
iraw~na N tl» wwl a~nda.d polic~r (an?, in • Mwm app~owd b1? IM MORTW?GEE, ~n wd~ canp~nY or oompsniK N tM MORTGA(3EE n~r
dinct~ a~d aH fin w?d wtnd~~orm iraur~na pdicia on MW d u1d bulldinp~, any inNra~ tlNr~in or pan tMreof, In ih~ apprp+a w+n ~faa~id or
In ~ais tl~wf, slwil conf~tn tf» vwal s~u~dard maro+pw clws~ a such ai~u dwN a tM Mo~tqapM may nquv~. mak4+p tM 1as w+dN ssid pdF
~ ciw. ~ad+ ~nd wKy. P+Y~bN b said MORTGI~GEE a in ini.na may •ppw. smf ~sd~ M+d ~wry wd~ po~kY ahall b. wa^+Prly ai~d M+d d~livK~d ~o
.ti -a .ny MW by ..td MOk1GAGEE a fvnM? s~cvrny ro~d mo~ d.bt. +nd. ea Ia~ ~Mn t~ t~0) d.y~ in adva+a oi rh. .xpk.Non o1 Meh polki?, to d.~
~ liwr ro uW MORTGnGEE ~~www~ ~Aenof. wp~~hu witb a nu+pt ta ?M pnmiwn oi wch nn~w+y aod tMn sh~ll M ra fin a winditam kaw~+c~
pt~ad on ~nr of uW buiWinp~. ~y ina~~u tlwr~ or pat tl~awi. unl~st in tiw fam and witA tM tat W1?~bM a~ ~fwNaid~ ~nd in tM ~wM ~nr swn
ol nwe»y bapnN p~raWe undN aueh potiey a poliei~s wid MORTGAGEE ~h+ll Mw th~ optbn 1o ne~w aod ~ppF~r tM ~ on ~eawmt o( tlw Indtbtd~
. rw~ Ncw~d h~%by a a pumN s~W MORTGAGORS ro nceiw and vs~ tr a any par~ Me~.of ia ahe, pv,posa, wid~an ~haRbr waivinp a~mpair-
~ ~np M+r pvib, li~r? a~ipht w~d~ a by virrw oi this mortyper and in tl» ~wet s~jd MORTGAGORS dall fa ~ny ha~on f~q b kwP tlr ~+id pnmi~a ao
~,sw.d or i.u w d.~~ ao~+P~iy «,y of s+W polici~s of i~aw~nu to aid MORTW?GEE. a fail prompty to p~y fi,l1y a~y pnn?kan tMnfa a~+rw ~
s~~ nsp~d f~tl w pMfonn, disciwrae. ~aavt~. ~ffect. comP4+a ~~Y wttl~ ~nd aWd~ by Nws oownaM. a~ny put Iwrwf. s~id INORiGAGEE may pba ~nd
~ paY fa wch Imwana a~ pan tlw~of wi~hout w~ivinp a~ff~dinp Mryl option. U~n, ~qui~y. or ~ipht wd~ a by vt.tw of tht~ JNortq+p~ and tM
fvn «nowu of .,ch and way such p•ym.~u ~h+lt M imn.dia»ly dus ad parabl. and ahsU b.,? t~uK.W from ~h. d.r. ~h.~ot uo~U p+id ~t tM r~t~ of
n+nr qt pntur» pN ~ew~wn Md topejhe? with s~Kh inttrat sMll bt ssew~d bp IM ti~n of thi~ mott~~.
. 4. To Pnmi1. ~onrwit a suftN no wssM, hipairmerit a d~n.ioration of ~aid propMy or w~y pwt IMr~of. . ;
s S. To p~y all x+d sM+pula~ ~hs costs. cMrpK and ~xp«wa, indudinp ~ hasawbM ~namy'. h. a~d co•n of .baaacn of Hrl~. incw.~d a pk! it
~ny tinw by s~id AAORiGAGEE. bw~ss or tn th~ ~wnt oi t!w fallun on th~ parf of 1M said MORTGAGOR b dulY. p~omPHY +~d fu1M P~~
~x~cvt~, ~ff~n. aompleN, oomply with ~nej ~bid~ by ~ach and ~wry tlw stipulatio~a ~e~tt, eandNkwr. and aownaeb of s~id pranhsory eoh and t!~
^anyap~ +rW a~itha~ MMJ Mi~I WNl~r CIIY~{ ~1KI f1lpNliff. O~CII af11I ~Y~, ahall M imn»di~t~ly dw and pay~bkt wMtl~ a no~ t1+N~ M eoriu dr
~~d ~a.mp~ a ooll.rf o~ wit ~i and ~h: full snwuM of esch .eKi ew~r wrmMt shall b.a. intar.q fran ~h~ dat. N+.~.ol until p.fd a 1he
rote of e?in~ pN centum p~r arowrn; nd ~II aaid ootts, tMrpes ~nd exp«+ses incurr~d ot psid. top~th~? with wch intKpt, ihall b~ s~tw~d by th~ ll~n oi fh»
rno~tp~R
6. TMt (a tn tM ~wnt of ~n11 brexh of this Ma~pap~ w d~f~uh on tM p~rt of tM MORTW?GOR, c? (b) io tM ewnt any of ~aid aum d n+awr
her~in r~f~?nd to b~ rat prompfly ~nd fully paid wi~h+n thirty (JO) d~ys ~,.xti ar~. ~h. w~. ww.,~y b.com. aw «,a wr+w., w~rtio~r d.m.~+d o. nw~c..
w(v in tM ~vem ~ad~ ~nd ~wry tl» stipulatFOns. +9reamfms, oo~ditions ~nd coven~nn of s+~d p~oai~ssory nW~ ud th~s n+ort~ap~ any or ~itM~ an na
ivly. P~omptlr and fvlh P~r(e?m~d. d~scharysd. ex~cvhd. ~ff~cted. camPbt~d. canP~ied with and ~bided ti1?. H»n.in ~ithu w~Mr sucb ~wn~ tFM s~id ao-
pre~at~ wm m~r?tia~ad M said p?anistory oot~ then rem~inlnp unp~id, with tntertit ~wwd, ~nd all mon~ys secw~d Mr~by, th~ll b~oonN dw ~ad p+Y
abt~ fonhwith, or theroaft~r, ~t th~ optioe of s~id A~QRiGAGEE, p fvlly ~~d compl~tely a it ~II of the said wm~ of moMy wen aqinally atpula~d
to b~ pad an wch d+Y. +nY~hinp in iaid p.omiuory not~ a tn ~hss Morpa9e ro th. com.ary naw~rl+u.ndinp; and ~h.r.upon or nc~reah.r a~ Mk opuon of
•aid MORTGAGEE, without notic~ or ~km~nd, wit ~t I~w or tn pvity. ths,efw~ a tM.sai~er bepun, nwY be proucvt~d as N ~U mo~y~ s~tvrd ha~by
~d ~+.n?Kd prar ro ~n ~s~~w~~o~. . ~
7. Th~t in th~ evant tMt st th~ b~qinninp of or ~t any tiirn pendi~g ury wit ~rpo~ this Mortyape, w w faeclos~ h, o? to nfonn it, or w~niwa
paymeM of any daims hK~u~~. said MORTGACsEE ahatl spply to the Cowt htvinp jwisdlction lhe~sot iw tlw ~ppo~nt+n~nt of ~ Receiva, wch Caxt sh~ll
twfhwitl~ +ppoint ~ rec~iwr of said mwtss~ed prop~.ty atl and sirgvlu. includ~ny ~II and sinyuls~ tM inmm~. pofin. i~sws a+d nwnvss fran whatwK
soura~ duiwd. each and ewry of which. N beinp ~xpreasly w~dasfood, ts.l+N~b~r matpaped a if ~p~c~fiully set fonh ~nd d~scribed in the pantirg and
habs~lwn ctauaes krnof, and wth Rsc~i+rN sh~fl !ww sll tM broad and ~ff~tNw fvnct~oro uid powen in anywise ent~usted bp s Court to ~ Rsuivu. and
such ~ppotntment shall be in+d~ by svch Gowt as ~n admin~d p~ity ~nd ~ m+nu of ~bsol~rte ~ipM to ~id MORTGAGEE...~nd wi~hout nfKe~u ro th~
sdeq~rac~r a iMdea,scy of d?. v~1ue of +h. prop~.ry nw.pp.d a ro rh. son~ency a inso~vency of wid MORTGAGOR a th~ d~fMdar?ei, and tMt such
renn, p?ofifa. incam, issves u~d rewnws shdt bt appli~d by sucl~ Reeaiver ~coord'u+p to IM lian or ~qvity of ~+id MORTGAGEE and tM practia of such
Court.
8. To dub. P?omPtly ad fully p~rfw~n. d'i~charpe. eaecvt~. ~Hect. ewtiPlet+, aon~lY with ~nd abid~ by Nch ~nd .tv~uY tM stipulatiom. ap~+a~b. ~
cor~tlom and cove+~+nts a~ s+id promaso~y not~ ard ~his monysp~ set fonh. -
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9. ihat in t!w went tM ovvnership of the mortya~d premis~s: a a+y part Nnreof, bcaams wsted ln • pKwn otiw~ th~n the MORlCsAGOR. t~+e ~
MORTGAGEE, in wcaeswrs u+d auiyns, may, wi~hout norice ro tM MGRTGAWl, dtat with such waeaaa a wae»or In int~~st with reie?anc~ to this ~
morr9ap~ and tM debt haeby secured in M» sain~ marv~r a wi~h Mwtqapw witlwut in ~ny way vili~tirq or dachu~w+p tl+~ Mortqaqors' liability Fw~ ~
und~r or ~po~n the debt he.~by secwed. No s~k of ~h~ p.Nnises hereby mo.~yap~d ~nd no forbsa~~nce on th~ pvt oi fM MORTGAGfE or It~ wocss~ors i
a~ssig~ u+d no ~ztension of tM tim~ tar the p~yment of th~ drW lw~by stcw~d oiwn b~r'tM MORTGAGEE w i1s waeiwn or assipns, shill opaaN
io rsbase disctwrpe, modify ~lunpe w~ff~ct tfie upinal tub~lity of ~h~ MiORTGA('sOR hK~in, ~itl~r in whol~ a in put.
10. It h ~pecificslly pnad t1~t tirn~ is of tiw e~rKS of ttiu oodract ~d that no waiwt oi a~ryl oblip~tan I+erwnde~ w of t!w obf~tton M-
cw~d hereby aMll at u?y time tf~artafler M hefd /o ~ ~ waiwr of dr r.-:.• lyNpi or o( fhe IMlruem+N s~tw~d F~by.
11. In ~dd~t~o.~ to rhe io.eqo:n9 ~~hlr p.ymer+n of p.~„c~pa1 ,no nereresl rpuaed by 1hM pa+?issory note secwed he~eby, matyapw covenanb
and syraei to pay to mort9a~ee with ead~ nan~M~ p~y.nwN ~n ~ddirion+l w~+ est~m~Nd by mo~t9~ 1o b~ pwl b 1/12 of tha ~nrw~I cwt of tM follow- -
~ng: -
A-All real property tsxes feried or asaessed aqa~~qt the above desc•ibad real esuro.
8-Prem~ums on fire and windstorm jnswanu n here~~ reqv:red to b~ urried on th~ impovenwnri sitwt~ on the above described premises.
C-Premwms on wch mortp+ge ~wranty inwra.Ke n mwt~ayee ~h+tl i.om rime to rime dean fit ro carry on tt+e bsn secured h~+eby.
Ntionyaye~ shafl from time to t;ms notify mortga9or in vwitirg of tfi~ amount due and pay~bk hereunder ~nd such wn+ shall thereupon b~ du~ and
payable on the due dat~ 'of the nmct monthty pa~m~M and sxh succeasiw monlb the~eaha vnKt mo~tp~ shalt notify mo?tp~qor of s ch+ny~ ia wch
amount. Such sunu shali be ~pplied by mortya~ee ~wvard the payment of real property ta:es, trour~nce prem:wns, and matysye ~uaranry insuranc~
p~emiwtq.
~ IN WIiNESS WHEREOF, th~ s~id MORiGAGOR hss hereu~to stt ha 1?~nd snd se~l tM day and yssr Rnt afwasaid. -
! Sip~Nd, SeaMd and delivKed ie tM pre~a+o~ of:
j ~ %1'J n..n ~
~ ~ ~4D ' ~
~ ~"~r. ~.~n
. ~ ~o
STATE OF fIORIDA ~
COUNTY OF SL. L.11Cle
eefore +m~ person+lly appeared C. Kent Ld1rSOT1 ~nd
Pa tr ic ia B. Lawaon ~ w~e~ ~ ~ ~ ~ ~ ~ ~
tt?~ tndividwb desaibed tn and who +xowtd tl» forpowg instruir»nt, and ~cErawled~ed beion m~ that they ex~anad th~ a~n~ for tl~ pvrpo~s
r?se.eG, .xp..ss~d. /4,d tht „:d Patzieis B. La~ISOn
wife of +h...w C. Kent La~rson . .~,.t• ~ P,~„~
examination by me qken ~epante and apsn from her s~id hwb~nd, ackrwwledped ro~nd b~fon mt tMt sh~ exeaned said irotrumant frs~ly and voMin•
rarily and witl+out any compolian, constraint, appreh~nsioo, or feu of w from 6er uid husband.
WITNRS my h~nd snd official ~eal this .l~ d.y of FebYUilZ A, D. 19 77
Plwary Public in f the Sut~ of F{orida ~t 4r~
µy c~..~, . - ~977
a.n,rn t«
finT F~deql $aVingf 6 LOan AsiociafiOn 1:~:_',- C. r•
Of Forf Pierce. ! Cs - . . - ~ _ _ . i
Fat Pierte, florids VW~~ E-..~cd i'.. . t•... t-.:u. Cv.
~ .
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This Instrument Prepared 8y Robert J. Bvans~ Jr. ' : ~,r~,.•..•^... ;
First Federol Savings ~ Loan Association - ~
,of Fort Pierce , ~'lorida = ~ '
f1LEO AMO R C ROEO = U~ ~
iT. _ : i~ ; ~ c -
uc~~ co~N~r f~~. - -
Checkec! 8y , . CLE K ~R ~01 IlAS . : t O :.1 . c
~Rt ' -s : Z d ~ =
AE~YERIFIEP ~ - Q ; ~ ~
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~ fEe ~1- -~tl +~r~l'1T _ ~ ~ ?~~ri~ P~~'''
~ ~ ~ + ~ ~ ~ ~ ` sh