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To plao~ ~n/ ooeNiw~ousitl kNP on N» b~rikfir~ naw or 1wNftir ~iw~t~ o.~ wid bnd ~nd a? dt pu~pnwm ~nd p~rw~wl~y cova~d sy tAis na.~ s~w whh ~11 pnw~M H~Mww W~d in fvq, fi.~ iraw.nc~ in ~M wwt a.rdrd po~kV fona, in •~wn wPiowd by th~ MWtfGAGEE. .nd wind~wr~ M~w~na Is Iw wrd a~d~ed P~Y hra~ N• w~ ~PP~~ dtl ~ MORiW?GEE. N wd+ oaw+^Y a~*v+~ a H» MORTW?GEE wu~r ~raq Md dl Nr~ ~nd wi~dua+~ Nwww~a oolicw~ ow +nY d wir M+ild'w~Yb MM? hwMt tMnin or ~ tha~ol, ln ~M ~tMp•bw un~ u~ ~Pol~ le ~a» N~~ ~hdl oar~M ~M wwl a«+dwd aarq.~ c1wN a wKA alNr dwM M Nn Maq+pN ~W a~~ dw ~•d~ «~d .~wry. a~r•~ a wW MottG~AGEE « ia 1~Mr..~ n~+r ~M. +~rid ~.nd w..y wd~ pa~clr ~ b~ w~^P~~r d.Gwn~ My h~ld br wld MO~TGAGEE M iur~Mr ~awh~ a wid iwortoq~ d~bt a~d eo~ Mw ~Mn qn (10) da~rs fn drana ot ~h~ ~xpuation of ~cA po~kl?. te dr' Iiwr p Nid MORTG/1GEE • r~w~l 1Mrwi. wpN1w whh ~ r~aipt ta tM p«wiun~ of wcA r~way ~nd tM.~ ~MII b~ no iin w wi~~am 4aw~nt~ p~~ on ~ e{ t~id ~uild~~, «M? MtK~M 11~~iw a prt tl~~el. unlw M tM la~ «+d wi~h tM bu p~r+bw a~fa~wtd~ «+d in tM ~v~nt uhr w~1 ~ ef ~+a~~ b~w ~M~bM u~wlM wcA polky a oolic~s s~W 1NORTGAGEE dwll Aav~ ~M option b ncN+~ ~nd ~pply Mw s~ an ~aanM of fM ind~bNd~ ~~p„~ ~~y a p p~~N ~aW MpRTGAGORS a ~e.iv~ ~,d yM it p~ny parf Mtreof !w othe~ pwpwt~, withoul tl?Neb/ waivinp p~mp~ir- In~ an~? puMy. U~n a rioAt w~dr a b~r vir~w d M~ rna~ppy ~nd in ~M ~wn~ M~d MORTGA~GORS ~h.ll fw ~ny ?ww~ fait ~o k.~p ih~ u~d pnmt~a w 1 M~w.d. a f.q fo ddiw~ P~~N MY d wd pol~ of in~w.nn a wtd MORTGJ?GEE. w i•~1 pa^P~hr ro WY fu11r M+r w•m~um rM..fa a M+ +~r n~p~et fNl b pM~o~1, ~K~Y~• ~x~a?N. ~thct.•oanpw~• oomplr wM~ ~nd ~bid~ by rhi~ aov~n~nr, a ~ny p+.t M+wf, ~+id MORTGAGEE m~y p~~ aM' p~y fa wd~ Y+MNano~ o~ ~ pn1 M~?w1 wi~haA waiviiq a aihuUO +n~ eption. IMn. pu~h/. a~ipA~ undN a by virlw of thfs Mwr9p~. ~nd iuN anoar d McA ~+d way wch pnrn~ ~Mp b~ inrw~dbtd~? dw ~nd py~bN ~nd ~MII b~ M~hna f~aw tM dat~ tM~wf w~til p~Id tM na Pf NM pn anh~n OM ~^m~ ~+d top~tlw rvi~h wch k?t~.~q ~MH ~ s~cw~d b~r 11w If~ of ti~ mo~tp~. 1. To p~r~M: aoe~il a wfhr eo wMM~ iTp~irnNnt or dNKiowtion of uid prap~rry a any part the~wf. S. To p~y all ~nd ~ular th~ coan. dwq~ +nd ~aD~aa. includi~~Y ~ na~o~+bw a~«^~y's fM and oosq of ~bifr~cn of titl~. incwr~d o? p~id M .n~r N~+. b~r wid MORTGJ?GEE, b.cwi. a in H+. wa?t of th~ f.ilw. m tM p~n of ~M s.id MORTGAGOR a duly. Pra^Pt1y .nd fvlly pafan?. d'aclwv~. ~~~NI~ ~~t, COII~p~1~, ~011~ wi111 Y1d ~bi~ br M(h M~ w~fr tA~ pip111~fiOnfr ~M~M~1. CaelditiOn~, Md C~vMinn Of Nid ptOmislWy nON and thb ~ qfl~ MIY M~i1~Mf. M1d Mid OO~M. C~1M~M M14 ~ltpM?MS„ Nt~l M1d NMr. ~MN ~ i11MMdNqly ~1! N1d p~Y~~: w~MflNf p fWf 111M~ ~ fl0fiq d! i ~w~, ~11N~1 fo aepM ar wtf pw~d'i~pr M+d M+~ iv11 amoura of Nch ~nd ~wry wd~ p~y~+t s~++ll b.a. iet~~ fran ~h~ d~r~ rMr~of w+~il p~id MK rak o~ ~ pN amwn pM ~nweV a~d all wid owti. cha.~ ~nd ~:p~nws incwred a psid. 1op~tFwr w~~h wch intu~st. ~hsll b~ s~tvr~d by th~ lise d tha i a n~.~ w~~» w«a ~.~,r a.«h ~ M,~. M«,~.o. a d.r.,,i~ a+ w.r ~~n. Mortrc~coR. w(b) in ~M w«h ~ny of s+~d wms d nan~y Mf~M ftfN~~ 10 b~ 1101 p?O~~pfly M~ ~Vlly p~id wifhin tAirfy C.IO) dlyf Mxt ~hM fht s~rM Nvlt~lly becan+~ dw ~nd payabb. wi~hou~ d~m~od or notiu. a W b IA~ ~wN ~+d~ and ~wry tt» atipultlbro, pn~nwn~s. conaitioro u~d oowmNS d wid p.anisso.Y noh aed thu mapap~ ae~r w NfM~ ~n ~a luh. P~~f ~~h P~~. ~~xea+ad. ~ff~ed. comPi~t~d. ca~p~wd wi?A ~e~d ~b~d~d '~y, thee in ~i~l~ or any such ~wnt tM Nid ~t~ tu~ nwntiaNd 1n uW praniway eoN tlw~ trnai~in~ uep~id, wi~h imKat aeawd, ~nd all marys taur~d htr~bY. aMll Mowrr dw ad P~Y' ~bb fathwl~li, a ~Mr..ha. a ~h. opran of ~ad MORTGAGEE. ~ ivtly wd oon~pM~~M a~ H~11 of th~ saW wna of ma+~~ wsn aipin~lly uipvl~ad ro b~ paid on wd~ d~y. +np~hMip in w;d pronNS~ory nae a in thi~ Maq+p~ ~o tM cont.ary nawitM~u~dinp; and rhenupon a tha~~ftK at tM op~ion oi s~1d MORTGJIGEE, without no~ia a d«~w+d. wit at I~w a in pui~y. thK~fas a Hw~ahw bs~w~. may be p~owcured u H~11 ma»ys Ncvnd Mr~by 6.d m.wr.d prio. ro A. Mrtih,tion. n,n ti+h. w«» ~,.r n ~h. b.o~o d o. N«~y ~«~a+q «~y su~ ~~~as Mon~.Q., o. w t«Kbs. n. a w.~forn+ iL w w.~ioro. p~yn~M d anp d~inr IwrwedM. wid MORTCsAGEE ~MII pply to ~M Cowt havinp jwadietion therwf fa eh~ appointnrM of ~ R~e~ivK. sueA Court shal) fvrthwNh ppoiiM ~ nniw~ o~ wW n+orq~p~d OroPMY ~11 and ~i~gubr. includw~p ~11 ~nd sinpulw tM incorM. pof~ts; iuw~ wd r~wt?ws fran wh+twe~ ~~owa d~rlwd NcA ~nd ~wrr of wAicA, h betnp ~np~Naly w+d~rsrood. i~ Mnbr map+p~d M H~p~cifiully wt fwth ~nd dNU~d 1n 1M p~aaWq'~nd habM~ daww lw~of. M+d wch R~aiw. ~hall Mw ~11 tM bro~d wi ~H~criw funa~ons Mfd POwM~ il1 MyWit~ M11W1ld COUf1 t0 ~ RK.fIvM. ~nd wch ~ppokqnwnt ~hall b~ n~ by ard+ CaKt a~ ~n ~dmin~d puity ~nd a nrn~ of aEso~u» ripht ro wid MORiGA('sEE. and wirAout refNa+n a tM adpu~ty a In~d~qu~cp of th~ v~lw of tM P~q~Y ~~Y~ or fo ~he wN+ncr or insolvMCy of s~td MORTGAGOR a tM d~h~d~ms. N+d tMt s~ch ~~n. vropb. y~ow^~. ItM+N ~nd nv«wM ~h+N b~ ~ppli~d br wch R~aiv« aooo.dinp a N» u«+ w puiry of said MORTGAGEE ~nd tM pr~cria of wcA Cwe1. To duly, v~Mb ~~b vK~• •x~+• .H.c+. coniplM~. aemplr wiM ~ed ~bsd~ by ~+ch N+d wKy N» stlq,lattom. +pn~n~+ta. eadttoer a~d aovwwnM M~ s~id pra~iwarr noa ~nd tAi~ w~ortp~p~ M fortl~ 1. Jh~ In tlM w~n1 N» own~nhlP d N+~ nw.tq.p~d w«niw~. w+ep P+rt Nwaof. McornN vwt~d In ~ pawn wl+a Mn+ tM 1NOrtT(AI?GOR. th~ 1 MORTGAGfE, 1p MitaMOn ~nd aNlpir, rtup, without nor~c~ to tA~ MORTGAQR, dwl with wch wueswr or wa~siw in inNnat wiM nf~rN+a b thi~ earp~~ ~nd th~ d~0~ IwnM Nan~d In th~ wn~ n+«rw y witA Matpapo? without in ~ny w~y vitiaHnp a d~schu9lrg tM Mo~t9pon' Ii~Wq~y h~rf wd~r a upan tM d~M Iw~by wcw~d. No sa1~ of rh~ p..miw~ Fw~+b1r n+orqN~d ~nd no fo.bNr~np en th~ pat ol tln MORTGAGEE a Ih woonwn or ~lar ~nd no ~aNnston o1 1h~ tN» fw th~ p~ynwnt of tM d~b~ hK~bp s~cw~d plvM b1l tM MORTGAGEE w i» ~ucaaan w wqrr. aMll apKaN b nMM~ d~d+KY~, n~odilY ~iwq~ O? afhtT tIM oripir?N li~bilrty of 1M MOR7CsAGOR Mr~ie4 ~itMt in wlwM or In p~rf. 10. h w~p~clflc~lly apn~d that tMr t~ o# tM ewhu of tl~ conn~cf ad th~t no w~M? d any oblpetion Mnundrr or of th~ obllp~tion s? cund Iw~b~? ~MII N~ tkn~ iMrNfNr bt Mld ~o b~ ~ w~iwr of tM t~mn Iwwf a d th~ krtrwn~M s~cw~d Mrbr. 11. In addiHon 1o tM forpo:np ir~onM1Y WY~++~^~ ~ Mine'pal wwi inr~t r+4i+ind bY tM Prao~uo~y eoe~ ~ecw~d ha~by, morqpor eown+nb and prMS to phr to enorppN with Nch nwmhy parn»nt a+ ~dd~rion~t sum Nt~rrynd by nanqape~ to b~ pv~l fo 1/12 of tM anw+l cwt of th~ follow- ~i - ~ A-All rNl popNty tax~s Iw~ed o? +~wased yainst tl+e ~bow dat.ibed re~l esr~n. {-~nmiwns on fira and wind~twm inswar~ ~s larcin rpu:nd to b~ c~rried on ~he improv~n»n» sitwte oe tM ~bov~ deurib~d p?~mu~s. C-I~~nivn~ p~ wch MoN9ap~ yw.anty inwr~nc~ ~s rno~tQ~p~ sh~ll from r'~me ~o time de~en fN ro c~rry on tM ban ~ecw~d hweby. Mo~rtppN sh~ll fran tirtw ro tien~ notity mo.tyapw in w?it~np of tM amount dw ~nd payabl~ I~eunder ~nd ~uch wm ~MII tMtwpon b~ dw ~nd ~ pay~ on fh~ dw dat~ of tl?~ Mxt monthly WYment and ~ich woceuiw n+onth there~fter umil mortpaye~ iFall notify mortyaQor of • d+anQ~ in wch ~nounf. Such ~hall b~ ~ppli~d by nwrtpayN ~oward the payment of r~al property fa:es, ir~wr~nce prem.um~. ~nd mat9sp~ pwra~ty irowanc~ PrNniweM• IN WRNESS YYMEREOF. 1M Nfd MORTGAGOR I~a Mrwmo Nt hi~ Mnd ud »al tM day ~nd y~ar fint ~fora~id. / itpiNd, 5wbd a~d ddlwnd tM prN~n of: , _ ' ~ G id E. Ra ' ~ ~ Madeline J. Rapp . STATE Of iLORIDA ~ St . [.ucie ~ CouHn? Of Mfon nN p~son~ur app~~nd C~or a 1 a B_ (t uid i~ wlf~, w~ vwll keowe ~nd known to m~ b b~ IM In~rldwN dNVib~d In ~nd who ~~ua~t~d th~ forpoinp in~nunNnt. ~w MdY~d b.foro m~ tMt tMy ~x~eut~d tM a~en~ for tM purposM Madellne Rapp M,u.b .o~p~ad. /u,d 1h. wH~ d+h~ ..td eZ a . app . s.p.?.» .nd p+vN. ~s~Ywlon by n~ ak~n Npn~N a+d ~pwt f~an Mr wid Mr~b~rid, aknowbdY~d to and b~foh nr M~t ~M una?t~d wid Inamm~nt fn~ly ~nd volvm nHM ad wNhow ~ry? ~anp~kbe, oonar~int, a f~r of or fran h~r wid Au~buid. wrtNKS ew Iw+d .nd olfta.l ...1 2~ d.y d Dece er A. D. 19~ , ~ - ~ FI~EO ANO RECUHOEO Not~ry k h~nd for St~t~ of Hortd~ ~t larp~ ST. LUCIE COUMTY FtA. Mr •,,v~,,, R~hrm Ta. RGCER OOITRAS p~ ~ a~~~~, Ct F~K C1KCtlIT COURT No1u~1 P~• SU~ ~~t a fwr ?krc.. c: E 0 E~ Dec. S, 1980 ?wt Plwa, flald~ rW !~M!! ~ OEC 11 2 os PH'17 - - 3~8660 ,,t~ -.,>s- ~ This Initrum~nt Pr~red By Richard K. Kayes ` Ffnt F~d~r~l Savi~ i Lwn Associatwn ~ ~ 'i • / of Fott Pi~ta~ i., ~i•'- Fort Pi~~a, Florida 33450 ~ 4 - Y• ~ . ' t ~ : - f C " ~•'v' Chs~k~d 8y ~``.~,r''~,~ ' ; : • : l. Y l,~~~~;~,~'.` , . n , ; , . ~ 600K ~79 PAGE 8~ bP ~ ~ ~ ~