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S. To plan ww! aaVinuov~lp kNp oe tM buildinq~ now w 1?KNftw 4tw~ or saW 4nd a+d on ~11 putpoent u~d pNSOn+lly aownd by ihh narq~ ;
pR, vrilh ~11 p~rt~iums tMhon paid in ivll, fin fmw~na in tM wwl si~~rd policy fam. in • wm ~pprowd btr MORfGAGEE. aod win~tam !
~r~wana in th~ u~al ~~a~da~d pd'+c~r fan~, in a swn ~pprowd by rA? MONiGAC~EE. ~ wd? comp~ny a canp~nas a ~M MORTGAGEE m~y
d'wcq M+d ~H ik~ and wind~wrm i~ru?Mw Pdk~ on M+1? OI 1~~ bYII1Mf1Qt~ My ~iNlfll IMIf~~If1,01 ~IMI IMfiOI. in tIN +p~p+?~ swn ~faaaW a.~ ~
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in ~xaM M~wi. dwll oont~in th~ wwl standard morqpa dauw a wch ahK ciw~ a ~M Ma~9+p~ m+Y h4uK~. nwWnp tM bss unda uid po1F
cia. ~ach and ~va~?. WY~bN eo ald 1NORTGAGEE p in in~.st nyy ~r. and ~ach and ~w.Y wch Po~KY ~hall b~ promptly Ns~~ned aed delivKd Jo i
~ny MW b~? a~id MORiGAOEE ~s fwthN ~ity b sNd enor~pap~ d~b4 +~d. no1 {~u th~n he l10) d~y~ in ~dv~ of tM ~xpk~tan of Mch vaK1l. to de
liwr b wW MORTGAGEE ~ r~wal tMnof, top~tiw with • nuipt for tM premiwn ot wcA ~N+ewal~ ~nd tt+K~ shall b~ no fu~ w windNa~n Muwa+c~
pl~ad an any of ~aid b~ildinpy aa+~r #nMr«f tMnie~ w pw1 tM.~ot, unNu io t!K form ~nd wi~h ~F~ bu payabl~ u a(a~saWs and in tl~ ~wnt u~y swn .
of mwNy b~comp p~rabb w~ wch pdky a polici~s iaid 1NORTG/1GEE shail Mw tlw opYwn ro noe~ve w+d ~pply tl» ~ a+ +ccoun~ ol tF~ ind~b~~d '
nns s~ew~d h~r~by w q pwn+it s~id MORTGAGORS a nceiw ~nd uN N a~oy put therwf lo. o~her purposes. w~~hout ~hs.eb~ waivin~ a~mpair• ~
i~,y any puity. Wn oi ~ipht w~ a by v~r~w d tMa~ ~ty~p~j ~nd in th~ swm ~aid MORTCsAGORS sh+ll fa u~y ~NSOn fail w kMp tM s+id pran~ws w'r~
im~~~d, w f~il b ddiwr pomP~~1? ~n1? of s~id polici~s ol irqw~nu b said MORTGAGEE. « t,~i ~.o~,wM ar w~~y ~ny pr~mium thH~fw w-in arhr .
rtipaf ~~il to puiaen, dluMrq~. ~x~avt~, ~H~ci. eompht~. eompy wtrh and abid~ by this oov~nant, a~ny pan Mr~of, uk! MORiGAGEE may pl~ce ~nd ~
paY tor such imwann o( ar~ p~r1 tMho( without wabinp w~H~ctinp ~nY option, IMn, pv~ry, a ripht undK or by virtw of this Matpap~. a~d the .
tv11 amouM of ~ and ~wry wd~ p~yn~1 sh~ll b~ i~diaNly du~ and p~y~bl~ and ~h+ll bw intKest from ~M dab thaeof un~il paid at tM rat~ ol •
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4. To qrmN. oommit a svfhr no wat~. imP+ken~M or d~tKioatan oF s~id propKty ar ~r put th~twf. ~
3. To p.y ~11 and atnpular th. co~, dwpw and ~xp.esw u+ckrd'ag a r.aon+bl. anore.y's fe. «,d cosn of ~bsnac~ of ttrt~. inewr.d w p.td a~
any tinK by ~aid MORTGAGfE, b~cws~ w in th. ~w~u of iM faih~n on. th. p.n d ~M s.id MORTGAGOR a duly. pranprhr ~nd fu11Y p.rform, d'achu~w ~
.aecut~. ~ff~ oompkt~ eow~plY witl~ snd ~bid~ bp Mch ~nd ~wry rM aipul+riau, apr~ament~. cawiiti«a. and oow~ann of sald promiswry ~oq and thb
morryap~ any w~itha. and said aos». dwpa and ~xpMSes. ~ach and ~wry. sMll b~ imm~diuely dw and payabbt wFwther w not tMn b~ no~iu d~ ~
maed. ~tt~mp to oollad a svN p~npj and tM full arnount ~ Mch aod wery wch ~ymem ~h+ll b~a? in?eryt from tlw d~t~ tMreof until paM ~t iM
.a~e ot nirw per cantum pN ~roxmy aed all s.id oosn, chuy~s and expaws inaxnd or paid, top~tha w~rh wch U?taat, ahall b~ aa,nd by tl~e li~n of thi~
mortp+pw
6, 11wt (a in th~ ~v~nt of any brNCh o# this Mw~pap~ or d~faud on tl» put d tF+~ MORTGAGOR, or (W in tM awnt any of s~d wrns of nan~y
hereln nfKnd to b~ not pranptly end fvlly piW within tMrty (30) d~ys r»xt ~fro? tM same seve~atly becar» dw and p~yabl~. without d~m~nd a notiu.
or tn tks ewnt ~ad+ and ~wry tM stipvlatiom. ~p~Nmen». condirions and ooven~nts of ~a~d p~anis~«y ~a~ ar+d tiNS mortpap* ~ny a eiH~ an no1
iuly, pranptly and fullp pKform~d, disth~rp~d, ~x~p+ted. ~ff~ded, canPl~t~d, compli~d witA and abd~d by. thN? in eitMt w amr such wK?t tM said ~g
prty~b wm nwntioned h said promisWty noN tMn nmaioi.iD ~~W7d. witl~ intKpt acuwd. ~nd all mot~eys Mtur~d Mt~by. shall betan~ dw a~d WY'
abla fathwith, a tMr~aftM, at tlr optan of ~aid MORTGAGEE, as fully and oompl~tety +s if ~II of the ta~d wms of mor~y wen aginalFy stipulated
ro be paid on wch dsy. anyfhinp le said poma~ay nw~ w in th'is Mo.t~ ro th~ conrruy notw~~inund~np; ~nd ~hereupon w thereahK ~t tM op~ion of
ssid NIORTGAGEE, withoW notia or dsmand, suit ~t law or in ~quity, ther~fwe or thasaiter bepun, rr~y ba proa¢cut~d u if all mwKyt s~wr~d lanby
had matund priOr ro in iMtifvtip~. _
7. That in tM went thst ~t tM b~inninp of or ~t sny tan~ pen~l'iop sny wit upo~ this Mongag~, a to forectose h, or ro nform H, a to ~nfwa
peymeat pf any daims hu~und~r. s~id ~SORTGAGEE shall appty to the Cowt 1»vinp jwisdiction thereof iw the ~ppointrr~nt of ~ R~ceiver, wch Caxt shall
Fwthwtth appoint ~ noeivu of s~id mor~pay~d property afl and sinpvlar, includu~p all and sirgulu ~M inoo.ee, p?ofin, hsws and ravenws fram whafwa •
sov?u d~rlwd~ each ~nd ewry of which U btinp ~~~ssly undtrstood, is haeby mor~ya9ed as if specificalty_ ut fath u+d d~wibed h the 9r~ntinp s~+d
hatsendi~n ctaw~s Iw~of. and wd~ R~ativ~r ~MII lyw dl th~ broad and eHediw functwns uid powers in w.~.r~c= e:+trvated by ~ Cou.t to a Receiver. u~d ~
•ucl: appok~trn~M shall bs m+de by wd~ Cou~t u an ~dmined equity snd a n+rtt~r of ~bsolute. righ~ w s~id MORTGAGEE. ~nd withow miaenu fo tM '
edequacp a in~d~qu~ey of tM valw of tM property mortp+p~d or to tA~ solwncy or Gnsotvency of said MORTGAGOR or the d~fendants, and th~t wd~ t
ren+s, prof'm„ inoom~, bwes aod ~w«iws ~11 b~ appli~d by such Reuiva~ sccord'a+p to tM iien a~quiry of said~MORTGAGEE and the pracrioe of wd~ '
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Covrt. .
a. To duly. promptly aed fully p~rfonn, dbdurp~. Excwt~, eff~q, coeip(eM. aomply with and abide by Nch and ~very tM stipvbtions, a~reertNnfs, 3
mnd8ioea and oovaunn in iaid promis:ory not~ snd this mwtyape kt fortl~. ;
4. ih~t in the wer~ tM ownenhip d the matq+q~d P?a^is~s• a ~mr psrt tl~eof, becomas wsted in • p~non other th~n tM MORT(~?GOR. tM i
MORTGAGEE, its sucasson wd assiyea„ may, wirlwut eat~cs to ti+~ NWRTGAOR, deal wi~h such succeuor or svccRSSOr in interpt with refere~ce to thb ~
mortgap~ and th~ debt harebp Ncvrd in the sam~ manna u with Mortgapa withoW in any way viti~tirg or . dixhuyiig tM Maty~gon' lisbility Iw~- ~
under w vpon tM debt hsreby secwed. No sal~ of thc premises hereby mort~sged a~d no fwbsar~nce o~ th~ p~rt of ths NWRTGAGEE or its waesson
or ~uigns and no eatension of the time fw the p~ymem of the dsb~ hereby ~ecwed piven by ~M MORTGAGEE w ia suasas«s or ~asipns, ahall ope.ah
ro rdeaw, daChupe• mo~fY charge a~fhct ths oFiq'uul fisbilifyr of tM MORTGJ?GOR her~in,. ~itMr in whol~ or in part.
10. li is spscificall~' apnad that tirew 6 of the euence ol thh cororsct a~d tMt no weive~ of sny obligation Mrwnder w of tlw oblgation s? :
c.,red 1»r~by shall at any tlm~ tMreafter bs held ro ba a w~iv~t o1.tl+s wm~ hercof a of the inatrum~m ~suu~d herby. ~
11. In sddirion-to tht fa~yo9ny monthly p~rrt~eets of princ'pel ~nd inrcresr .requ'asd by the pra+iasory note secund hereby, mwtgapw oovenann ~
and s9re~s ro p~y to mortpayae with ead~ monthly piyment an ~ddiriw+al sum estimated by mwtyayee to be_eqwl to 1/12 of the ~nnwl cost of the fdbw- ~
ing: , . _ - - - - ~ .
A-Alt real property t~:es IevGed w assessed ~gsirut the above described resl est~te. ~ •
8-Premiwns on fire snd windstorm inswance as herei~ requ:red 1o be curied on the improvem~nti situate o~ the ~bove described prpnhes.
C-Premiums on wd~ mortga~e yuira+ry i~xur~nce ss mortgsyee sMll from Nme to time deem fit to cury on the Iwn aecured hereby.
Mortyapes shaN from time to tin~ notify morey~gw in ~rritirg of the ~mpunt dve and payable hsreu~der u~d such sum shell thaeuPon be d~e and t
payable on th~ dve date of tM next monthlY psYmen~ +nd ~ad~ wccessiw +no^th thereafter until mwtysgee sball notify mort9agor of • chsnge in wch -
ano
amouM. Suth fwns shall bt applied by nwrtgapee fowud the p~ymenl of real property tsx~s, insurante pnm:ums, ~nd mortgaye ywranty ins~xano~
i
I prom:oms. - -
IN WITNESS WHEREOF, ths said lNORTGAGOR Ms herwnto set his iNnd and scal the day ud year flnt ~for id.
j fj~~ Q~~~QQ ~p MYELLB ~E INC. •
, S.al~ twr.d tn th. pr.s.noe of: iT L1W~~~i~WA~Y fLA. RY• - :
I • ROCEB POITRAS . ~
[ CIERK CIACUIT CQ~a • Myra anco, President ;
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3'~'6631 ~ ~ '
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STATE OF FLORIDA . CC)UNTY OF ST. UJCIE r~
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1 HEREBY CERTIFY, That on this day of- Aunu st , q, p, ~ ~.31
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before me personally appeared !Kyra Riance ~snM ~
,
respectively President ~ ~ , of '
Mvelle Homes, 'Inc . ~ a Florida Corporation, to me
known to be the persons described in and who executed the foregoing instrument and severally adcnowledged the exe-
~ o~tion thereof to be their free ad and deed as such officers for the uses and purposes therein mentioned; and that, they
affixed thereb the official seal of said corporation, and the said instrument is the ad and deed of sa'td.~wrpo,rofiQn•
WITNESS my hand and official seal at Fort Pierce , said county and statg;=
First Federal Savings & i,oan ':~~;2~.;'~e9•'
: . ~ ~ , :
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Association of Fort Piercp ' .
This instruoent prepared by: Notary Public, in and ate and Cafity ~~pres6~id. ;
.T . Ha l Robert s , Jr. •N~y`Com~nission Expir . • " : z ' ~ " ~
" , ~fatiry ~?u"~c, SL•.;p.sf at 4~g~ ' t
~ -•r;, ; in~ Co~,tszsian c:,::-ts ?.~..i~il{~'.:~' , j
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:l ~ _ . {o~d~G i~ i.s.a.ic.sa E:o L caf+Yi f'"~='Y -
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~hecked By` _ - - ;=''~'p . ~ :~,~„4~''~
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