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To pl~a ~nd continuousl~ ?Np on ~h~ bu~;d~rp~ now or I~~dt~r ~itwh or ~~id land ~nd on dl equipm~nt ~nd pNSO~~IIy tova~d by tAi~ enatp~
with ~il prNniwns iMrwn pa~d in fvll, lirs ~r+iur~nc~ ~n ihe u~ual sf~ndwd pol~ty fam, in ~ wm ~pprov~d by ~M MORtGAGEE. ~~d w~nd~~am
krwMq fn tM uswl ~iu~dud pol~cy fam, in • sum ~pp~ovsd by ~M MORTGAGEE, in wcA tanp~.~y a compan~N as ~M MORTGAGEE may
dirK1~ u+d all flt~ ~nd w~lonn infu~~nc~ polic~e~ on ~ny of Nid build~npa, ~~y Int~ast tMr~in w part tMrwl, in 1M ~yyr~p~q ~~n+ ~1w~uid o?
!n ~aps~ thNwf, ~Aall cont~in tM ~tud ~u~dard ma~QapN cl~uM a tuch o~ha claua ~M Ma~qay~+ ~*uy rpvu~. m~kinp ~M IoW vndN a~d pdF
ciM. ~acl~ ard ~vNy. p~Y~bt~ ro a~id MORiGAGEE a~ it~ int~re~~ maY app~ar, ~od ~ach uid ~wry wch po~~cy ?hall b~ promp~ly ~~i:qn~d and d~livNed ~o
~~y k~ld by uid MORTGAGfE fw~Mr uturity to ~rd mwtp+9~ d~b1, +~d, eot Nu than ~~n (~0) d~ys In ~dvanc~ oi ~M ~ipa~t~on of ~~ch policy. to d~-
liwr ro~~id MORTGAGEE • ~enewal tMr~of, ~op~~hN witA. • r~c~ip~ fa ~M pnmium of ~ah r~n~walr ~nd ~hM~ ~MII b~ no f~~~ W wind~tam iMUr~nt~
pl~pd q~ ~ny oi said buildinpf. ~ny lnterqt 1Mr~in w p~it tMr~pf, unku in th~ fon+n a~d witA 1M loq p~y~blt a~ •fa~uid: u+d i~ tM 1v~nt ~~y suin
oi narwy b~cornp p~yabl~ v~ such policy w po1K~ s~id MORTGAGEE ~MII Mw ~M op~an ro~~uiv~ ~nd ~ppty tM M~M OI~ KCOUM O~ tM ind~b~ed-
eNW Ncur~d I~~by p q pKmil ~aid MORTGAGORS ~o nceiv~ ~nd uN it p any pe.t eMreof iw o~he~ pu~poses, w~~houf thereo~ wa~~~~.g u~mpair-
Inp a+y puiy, li~n w ~ipAt u~ a by virtw of ~hit mortpp~t and ie th~ ~v~ro N~d MORTGAGORS thall (w ~ny nawn fail 1o ke~p tM u~d pnmis~s w
Insu?ed, or fail w d~livN promptly any of Nid F'OIKiH of iruur~nc~ ro a~d MORTGAGEE, a fail promp~ly lo p+y fully ~ny pr~m~um tF+Maia w in ~ny
r~~p~ct fall w pNfonn, Oischary~, ~xecw~. ~ffect. complet~. canply with u~d ~b~d~ by thii cov~~ant. w ar+y part he~~of, said MORiGAGEE may plac~ and
paY fw t~cl~ M~wru~c~ a~ny part the+wf wirhout waivinp a aff~c~Inp any optio~, li~n. pu~ty, or ri9ht und~r a by virtw of thif Mw~9ap~, ~nd the
fvll ~rnounl of ~acA ud wery sucA p~yme~+f ~I+all b~ irrrnedi~t~ly dw ~nd p~y~bl~ and fMll bear int~~„t from tM da~~ tMrqf uotil paid at ~h~ rat~ of
nir~ pK c~ntum pK ~nnum and tog~~her with such inrerest aMll b~ Ncwed by tM lien of this mat~~~.
1. To p~rmit, commlt a iufte~ no wat~, Impairmenl w deterior~tan oi s~id property or •ny p~A ther~of.
S. To p~y •11 and unp~lar th~ cos~s, charyN and ~xp~nseti ~ncludi.g a r~awn~bl~ ~ttan~y'~ fes ~nd cos?a of ~batr~ds of title, incvrred w pa~d ~t
•ny tim~ by ~ud MORiGAGEE, b~caus~ or in ?M ~vem of U» f~i!,r~ on ~he pan of ~hs iaid MORTGAGOR to duly, promptl~ ~nd fully pe~fo~m, d~uhargs.
•,c~cut~. ~ff~cf, compl~t~. comply wi~A and ~b:d~ by ~ach and wNy th~ ~tipulataro, apreem~nri. cond~tioru, and eown~nts ol uid pomiuory not~ ~nd ihh
mo.typ~ ~ny w~i~l+s.. and uid cosn. cMrpH •nd expenses. ~~ch and ~vtry. ahall b~ immediae~ty dw ~nd p~y~bh: whe~Mr a not ~M.~ b~ noric~ dr
mand, ~ttNnp~ to.coltM or wit p~nd~nyj ~nd rM ful) ~moum of ~~ch ~nd wery wcA p~yn»n~ ~MII be+r inrH~s~ irwn rh~ date ~Mrwf u~ril paid ~1 ~he
rare oi nirw per c~ntum pa aruwm; ~nd ~II Nid coin, cha~gei and expenses incurr~d w p~id, 1op~tFw~ w~th sucA int~rtat, sMll b~ setur~d by tl+~ lien of thi~
^iwtpp~.
e. ihat in tht wtnt of ~ny breach of th7s Mor~9ay~ w d~f~ul? on tM part of tM MORTGAGOR, a(b) in th~ ~vent ~ny of sa~d ~ums of money
h~rei~ r~fM~~d to b~ ra~ prompNy and fully paid w~~hin tA~rty 130) days next after the tam~ t~v~r~lly become dw ~nd payable. wi~hou~ d~rnand w ~orice.
o. (c) in tM w~nt ~~ch ~nd ~wry tM stipulations. ~gre~~nt~. con~itiau ~nd covenaen of satd pranisswy not~ and ~h~i nw~tyg~ any a~iHrr ~r~ ea
iuly, pranpHy ~nd fully performed, d~uMr~ed. ~,cecv~cd. ~ffeuad. complet~d, compl~d wirA ~nd ~Dided by. tFKn in e~ther or any ~vch ~w~+f tM s~id p~
prp~t~ urm mtntion~d in uid promisswy no~~ th~n ramaininp unpaid, with inttnst ~cuwd, u~d a11 mon~ys f~tured hereby. shall b~cam~ dw ~nd p~y-
~b1~ forthwith, or th~r~~h~r, ~t tM opf~on of s~id MORTGAGEE, a f~~ly +nd compt~~~ly if all of ~M uid wms of moMy wsr~ q~ginally ~~tput~ted
~o ba paid on such day. ~nythir?p in s~~d promi»uy ~ote a in thi~ Mortppe to tM conlr~ry notwithstandirq: and ther~upon a tF~ersiffer a~ ~M op~ion of
~~id lNORTGAGEE, without notiu or d~mand, suit at I~w or in puity. thsrefw~ or thweaftK beyvn, msy be pros~cWed a ii ~0 ma+~ys s~cur~d 1+N~by
had marw~d pa~ ~o ~n im~iw~ion. .
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7. Tl+~t ie tM ~v~nt tMt ~t the bs9inninq of o~ ~t ~ny tim~ pend~ny ~ny svit upon thi~ Mortgps, or ro fweclw~ it, or b r~fwm it, a to snfwc+
paymNN of ~ny cl~im~ h~r~und~?, said MORTGAGEE sMlt ~pply to ths CouM hav~ny jurisdKrion ther~of ior tM appantenenl of ~ R~cetv~?, wd~ Coun shall
forthwHh appoinr a nc~iv~? of uid morrpp~d propeny aIl ~nd ~inpufu. includ~e~p ~11 and ungulu tF+~ incom~. profd~. nv~nw~ from wh~twer
wurc~ daiv~d. ~acA ~nd ~v~ry of which, if b~inp expre~sly und~rsrood. i~ F»r~by mwp~yed if sp~c~fic~lly s~t fwth a~d bawib~d ~in tM p.~ntinp ~nd
MMndum clau~ Mr~of, ~nd such R~c~iv~r ahall h~ve •tl th~ boad ~nd ~ffettir~ funcf~onf ~nd powtn in ~nywiq tntru~t~d by • Cou?f ro• RKfivN, and
such ~ppoinem~nt ~haU M mad~ by weh Court an ~dmirred pu~ry and • en~ttn of absdut~ ri~At ro s~id MORTGAGEE, and witAout ~~fer~ne~ ro tM
~dpuaty o~ In~d~q~~cy of tM valw of th~ propeny mw~yayed o~ to the ww~ncy w insotv~ncy of sild MORTGAGOR a th~ d~f~nd~nt~, ~nd that such
r•m~, profit~, Inconw, i~wes ~nd r~v~nuh ~MII b~ applied by tuch R~ttivN ucordir+p to tM li~n or puity of uid MORIGAGEE ~nd ~M p?aa~u of ~~ch
CouR.
To d~rly, pranptly ~nd fully p~rfam, discharp~, ex~cur~, tffM, compl~t~, comply wtth ~nd abid~ by wch ~nd ~wry tM ttlp~btiora pnem~nts,
eonditber and eovpwm~ ie w~d p~aniuory rat~ ~nd thi~ morryay~ w~ fwtA.
9. TMt M tlw rwm tM owi»nhlp o4 tM mortpp~d prN++isa. w•ny p~?t fher~of. Mcom~s wst~d tn • p~non otMr tMn tM MORTGAGOR, fM
MORTGAGEE, In wcc~wors ~nd auipro, rrNy, wi~hou~ ratit~ to fM MORTGAOR, dN) with ~uch wcc~awr or suu~uor in ietNeat with r~fa~nu to thi~
mo.~~ and rM d~M ha~bp Ncur~d in tM s~re» mann~r with Nbrtp~pw witho~it In ~e?y w~y viti~tlnp a ditehuyinp th~ Mort9pors' Ilability Mr~
und~r a upon tM d~W Mr~by wcw~d. Na u1~ oi t1+~ pr~mi~ Mnby mortyp~d ~nd no }o+bNr~nc~ on th~ pNt of tM MOR7C,IIGEE w in succ~uon
o~ aafp~r ~nd no ~:t~alon d th~ tlm~ fa tM paym~m of tM d~bt M~~by Ncvnd plwn b~r tM MORTGAGfE a in wcauon a~uipm. ~MII opwat~
~o r~Ma~, d'adurp~, nadify ch+np~ or ~ff~ct th~ ap~nal li~b~lity of ~M MORTGAGOR I~~ln. ~itMr in wiwl~ w fn put.
10. It f~ ~p~cifiully aprNd that ttm~ i~ of tM ~sunc~ 0/ tAh contnct snd tM~ no wdwr of ~ny oblip~tion Mr~r a of th~ obllpatbn M
px~d h~nbp slull ~t •ny tMn~ tMr~~hK b~ Mld to b~ ~ w~ivN of tM tKms Mnof a of th~ Inatruen~nt aew~d h~rby.
11. In addifbn ro tM fapo:ny monthly p~ymenf~ of princ'p~l ~nd int~n~t rpvir~d by tht pra++iuory not~ ~ecund Mr~by, morly~po? cov~nanM
•nd prNS to p~y to mortp~p~e w~th ~ach monrhly paym~nt an add~~ional ~um ~nim~ted by morypN to b~ pu~l ro 1/12 of tM ~nnual coat of tM foliow-
I~: '
l A-Alt ~~d prop~rty qxM Iwced w'~~u~sed •p+inst rAe abov~ d~u.ibed re~l ~~r~t~.
i !-Pr~miums on fi~~ ~nd windstwm iniur~nc~ s~ h~rein requ;red to b~ carried o~ tM improv~ntt iitu~te on tM ~bmr~ de~uikxd prtmiNS.
€ C-Premium~ on ~uch mwtg~ye puar~nty insuranc~ a• mortg~pte ~h~ll (rom r~me to t~me daam fit to cury on tM ban ucured h~reby.
E M{ortypk ~hall from firrK to tirrw notify mort9aqor ~n w~itinp of tF+~ •mount du~ ~nd dsy~ble Mr~under ~nd such ~um ~h~ll tMr~upon b~ dw and
pey~bl~ on tM du~ d~t~ of th~ n~xt monthly payment ~nd e~ch iucces~iv~ month tiure~her u~til morp~yN sh~ll notify morrpayw of • ch~ny~ in svch ,
~ amount. Such ~~rtu ahall b~ ~pplied by morty~yee toward the paym~nt of r~sl proptrty taaes, insuranu prem:ums, ~nd mortya9e pu~rany iruuranc~
pr~miums.
E IN WITNESS WMEREOF, tM a~id MORTCsAGOR hn hereunto set hi~ h~nd ~nd a~l tM d~y • r fint ~fu~id.
~ Siprnd. S~al~d and d~11vN~d In tFw prss~nc~ of:
r` n
~ 1` ~
~ anice K. L nch is wi e ~
~
STA1E OF fLORIDA ~
~ courm oF St. Lucie
~ e.fa. R,. ~,,,,,n,, .~.,,.e Fran k J. Lvnch , J r.
Janice K. Lvnch hb wlf~, ~o m. M,.n k~.~a w ~o b.
~ tM Indivldwb dwerib~d In u~d who ~u~eut~d tM forpdnp Irutrum~nt, ~e?d ~eknowl~~d Mfon rrw tMl tMy ~x~eu»d tM wm~ for tM purpows
~ ,,,,d .,u Jani ce K. Lvnch
~ w,i. ~ Fran k J . Lvnch . J r . , . ,.p,,.~.
- •:~mMution bp n» takM wp~nt~ ~nd ~p~A from Mr s~id husb~nd. ~cknowl~dp~d fo and b~fon n» tMt sh~ ~a~at~d uld katrumMt ~
tuily N+d willWitl Ntr aompvblon, con~tnlnt, •
ppr~h~ruion, f~ar of a from hK uW hu~band.
WlTNESS my Aand ~nd officld ~I rh1• l 4 ~ d~y o{ AUQUSt A. D. 19 78
>
? . ~ ~ , Not~ry Publk in ~nd ip tM St~ f{orid~ ~t l~rp~
. ~ ~4: My Cortrniwion ~apk~u ~
_ R~~wn Ta i O 3 v-
: P~st F1d~til ~Savlnp,~i' IOaA AyotiNion
_ - o~:~.~ 413343
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; ,aa.~, flo.ia: i
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This Instrumsnt Prepared By Ri chard K. Kayeslvds F~LEO AND RECORDEO
- Fir~t Fsdtr~l Savi ~ d~ Loan Associetion ST~ ~UC~E COUMTr F~~.
; ~ ROCcR PO~TR/S
of Fort Pierce CLERK Ci~CU1T
COURr
Fort Pidrte, Floride 33450 ~F'~F~E~!__u
~h~~k~ By Auc I I 4 oe PN'78
~ 6JG~! ? PAGE ~
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