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2801 8arcetona Avenues Ft. Pierce Florida January 7, )980 ~
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t0efaat addr~Me M ttiaherl ~l1 itlNMi
Poll vAw~ tt~ivlto,~tM wtdnf/i~had PnmNte a pay a rho adry N F RST I EL ITY FI I S RYI ES ' NC
F ~ , a q 50 `948.40 ~
~ file efllrt N >rlt ti1?M e/ awh ttirM it tiN /ryM M [Ht4N fMy dalrlNN, pdy~N M i+M N ~ .
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ur and 7 1 OeM, f, q 424.5T**~q'!
•.oh..,~tfvt w. fMlai NteltNffts~tt whlM ahrN a F ~ w,,.,,'„M!!n~? aura o~ p~"87~
Tl~ ft~M 4 tn_v¦_ble av? Februat'v ~ 5..1980. thrlallttlt d 1111~N11iMHINPp!yli4M an _ _ dMt o/ «a+
tllalralMr ttntN dtk rqq N fuN1? Pafd• _ - - -
If any p~r~rt k not tttade wMlin trap tt0i afar due dell. rllakN a~reae m p~1? kta ahttf~M tosnt tf tUlfl a/ Mid poyarant M
adtlida+ b 1M n~utK NtaMhnant Nown~r. t~h aM ahw~M al+Ml neR ba anntulaMw. gkMM f~MM atw and aa~Itla NnNniNl~
faaeatlskN ateangra teas and nowt aaM kfowfed orl atiaattflt of any datwk harawlder.
N qtly ktaWkttant en thk ttob k riot grid rMlan r1er~, tIN attgnt anlowtt itt~PPrM Aaron tht~il Meant fafthwlth at 1M aNntoa
d 1M Attldar of M+k rte/a. -
1lYhile tllry payetartt k riNktgtlent. tAN refs etr,q tiMr kiestrat at the Aritalt raM aMostalbN fly kiw.
IA tie alarrtt of p+Rtatr 1M Maker rvN bs entitled to a reliefs Of any uttarttied Perlbn of 1~ . NAlgE OotnpttMd M
Mrol~dallaa s>ddl the tltln d tlmirt~ite nMdlod, etlespt tltat file Invaat~tlan I+ae k not faitf~eat t0 cabala. -
Ttlr etakelr and ertdaMn ar tftk Noel 1e~raby aRrto that thk Na/s k +rlad. M aoaefWnea a1Mth the d file oHkr
d file oonlvat>iNr m dte trice a Fktrle. al+d Aaroa,? atl~aNy wMro fetrt~t+nrne, dnond. a~1Ne «td a.at* «w rwatrr. hM.a)?
tMalve M ttanatk of vektagon, trwry and arwt4tion kelp, , .
Tllk volt k al~bjeat to tM attplrM that rt ns tllt+e titre the nleilera a oayaad or ra~lllfod to Poll prklaaal tlalarioe
of thk NoM at • rats tNhhil could file hoklar hanol w-Ndle? ohrN or orinkrM pabliity teauk of 'arttle,r of file maciltlwrt
inl,rrst rail ttAllah tM rndtan an p~d Ity irw W aonMet or adrat a pay. M b1? file ttlfllle of thk NsM. tM an at any tittle ttpttirad
or oWrtad to pay Ittlrrrat on tits prNMMM balalta~ dw Mowltds? rP a roes ti of allah atntinwnl rail, tAo felt o/ kNSrwt tiNldK thk NttN •A
ahrp ba daalead a a knttNdtaly rrdtlaad b attah attllkfwtnt t+tla and tM a at etlrh nltldnwln net.
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and shall psfifxm. comply with and aOlda Dy each and etfety tM stipulations. apreements~ f~ttditlpna and covenants
of sold ptomissory note and of this dead. then this deed and tM estate thtlreby croated shall ceaN and ba reel! and
gold.
1. TfN Mort~apar hsiaby ootrenattts and apf+ses:
W To pay aff ant! etnolrtr 1M prlnetpal an0 Interest and otne? sums of money peyable by virtue of said promissory rota and this Wed. NtMr,
proalpdy on ale days napaothrNy ttie same sewnlly bacoma dw. - ~ .
fb) To permit, o0mmlit «wfler no waaM and to maintain the improrements at x111 limp in a state of good repair anti condition. and to do «
perrnlt t0 be done N said psmlaa nothing that wilt affer «changa tM use anti CAataCNr of said property « in any way impsit pV~( ~weaken the
eeeunry of this nl«tgags. And In rase of tits nfusN, npNct «inabilittr of ttre Mortgago? to regal: are maintain ssid propMty, thi 4ortgagee
may. at hb option, make sutd? tepain «caup tM same to M maW, and adrsnq moneys rn iMl pehall.
(c) To pay df and MrpWar the tans. aeeassmenta, levies. iiiWliGq, and obligstiona of every nature on said Wseribed property each and awry
wMn oils and payola according to law. Oeton tMy ttecome dNinquent, and to dNivN to tM MortgagN on « bNon March 1 Sth of each year
fax natpts evWemeing file payment of all lawfully imposed ta:as f« eM preceding celendar year; to idemnity tM Morgagee upon hre
demand f« sff tsxp. aeeeeernents and changes that may tta asaesNd upon this mortgage on tM indebtedness secured Mreby, and pad by
file m«tgaON. wlthaut rpard to any law h«etoton enacted «.hesMter to be enacted imparng payment of tM whole or any part thereof
upon file MOrlgagN. _
(d) To pay alt and alrtgtrlar tM costs. charges and expenses, ~
it:luding 4wyeri fees and abstract costs reasor?ebly incurred or pad at any time
by tM MortgaoN becwae of file fallen on tM part of IM Mo?tgsp« t0 perform, Comply with and aerW by each and awry the stiputatrons.
agraernenb. COrlditlOne and OOrenante Of said pronlfeaOry note and Ines deed, «NthM, and every auth payment shad hear interest from date
at tM hidtaaat rate as allovvad M law.
(e) It N further averlanta0 and agreed by sai0 partee that in tM event of • wit being imsfituted to fonctoste this mortgage. the Mortgagee
shalt be entltie0 to apply at any firms pending such fonclorun suit to tM court having jurisdiction tMreo/ f« tM appointment of • naiwr of
MI and Ntlpuiar the nlortgagsd property, and of all Hots. Incomes. profits. issws and rewnws thereof. Iron whetsoewr source Oeriwd: and
therwpom II 4 hMeby expressly cOwrtanNd and agreW that the Court shall lorihwith appoint such regiver with tM uswl power sod duties
OI nONvers in tike Was; and raid appointment shah be maW by the court ss a matter of strict right to tM Mortgagee, and without nlerenee
ro the adpeacy «inadpwcy of the valve of the property Mnby mortgped. « to the sNwncy « insolvency of the Morgagon «any other
party dNerldant to sash wit. The Morlgag« hMeby specffkaily waives the right eo obfect to the appointment of • nuiwr as aforesaid and
heteely expressly OOnaente that sash appointment allall W made se an admitted equity and as a matter of absolute right to tM M«tgagee and
that file tarlle may 00 dome without notice to tM Mortgag«.
(f) M foreclowre proaedinga ehouw be fnstitvted agdnst the property cOwnd by this mortgage upon any OIMt lien «Ciaim wl?ettrer alleged
to be wperior «)unior to lM IiMI of this mortgage, tM Mortgages may at his option immediatNy upon institution of such suit «dunng the
penderlCy thereof declare this m«tgape and 11N indebtedness secured Hereby dw and peyible forthwith and may at its option p?oeNd to
fOrecWae this nlOrtgage.
(g) Tt1at tM Mortgp« will keep all real and personal property now « Mreafter encumpesd by the lien of this mortgage insured as may tre
requred from time to time by tM MortgagN apainsl rasa by fin, windstorm and other hatarde, Cawaffip aril contingencies f« each periods
and t« not less than suoh amounu u may bs required Oy the MortpagN and to pay promptly wt?eri due sit pnpniums such Insurance. TM
amounts of Irlwtarloe rputn0 by the Mortgagee shall W the minimum amounts for which aai0 tnsurarroe Midi be w?ittan and it shalt w
fnoumbent upon tfre M«tgag« W mWiWn such addltiOrlai inwtanca « may tie rleCeaeary to meN and comply fatly with alt cO.InwranCe
tegtrfsrtienq anWned M saw potk:isa to tM end that tM said Morigag« is not a eo-Inwr« IMrwnder. Instrrarlce shell W wrtlten by a
eomparry «companies approved «designa/ed by tfN Mortgagee and MI policies and renewals ttlenof atialt be ttatd by tM Morlpagae. At1
detaMed deelaftaUOM by Ufa McAgaQOr which an aeapted by tM M«lgpN and Mt apreermenta between M«tgagor and Mortgagee stating
10 IMUrarlce. now e>tietMg «hsnaftet made, ehMl tN in writing and. shall be a part of thin mortgage agreenNnt ae fully as though tier forth
vereaum hereto arld s1w1 gowm both parties hereto and their etrcceaeore and assigns. No lien upon any of said pWleNe of inaunrioe « upon
any rMurid «ntwn pnmitrrn which may a payable on tM eaneMlauon «Nrminatiori IhsreM. shall be given to oth« than the M«tgagee, '
exoepl tw proper ertdonarnent afNxad to atrch policy ar10 approved by M«tgagM. Each polby of Irteurarta s1tM1 have atftaed thereto a
eww.rd New yoAt M«tgagee Clause without ContAOutton. +nMcMtg aM leg a bears under sash policy payabN to the Mortgagee as its
.lnlereet may appear. M tM event any even «wma of Ittoney become peyWN glerwrlder tM Mortgagee afW1 have tM option to naive and
apply
fthe ~MfM on atxounl of tM indsotedness hereby seeyrad, «/0 permH the MortgsgOr 10 ncNve and uqe ff, «any part tfiNeW, without
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