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SL' 1'PI.Er1ENTAL AGREE:~IENT
THE UNDERSIGNED,
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of ihe County of , State of Florida, hereinafter referred to as the
~Sortgagor. hereby executes and delivers to Citizens Federal Savings and Loan Association of
St. Lucie County, a corporation organized and existing under the laws of the United States of
~merica. hereinafter referred to as the rlortgagee, this Supplemental Agreement, pursuant to a
1Iortgage executed and delivered concui•rently herewith, and this Supplemental Agreement is
expressly made a~part of said Mort~age~ ~vhich is further ident~fisd as Mortgagee's Loan No.
Said hiortgage, including the Supplemental Agreement, is made to secure the indebtedness secured
b~• said l~iortgage and evidenced b}~ note therein described and bearing said Loan No. .
and to secure the performance of the rlortgagor's covenants herein contained.
THE :~tORTGAGOR COVENANTS:
1. (a) To pay said indebtedness and the interest thereon as herein and in said
note provided, or according to any agreement extending the time of payment thereof; (b) To pay
~~~hen due and before any penalty attaches thereto all taxes, special taxes. special assessments.
~~•ater charges, and sewer service charges against said property (including those heretofore due),
and to furnish 1~'[ortgagee, upon request, duplicate receipts therefor, and all such items extended
against said propert~~ shall be conclusively deemed valid for the purpose of this requirement; (c)
To keep the improvements no~~• or hereafter upon said premises insured against damage by fire and
such other hazards as the riortgagee may rec{uire to be insured a~ainst; and to pmvide public
liability~ insurance and such other insurance as the 111ortgagee ma_y require, until said indebtedness
is fullv paid, or in case of foreclosure, until expiration of the period of redemption for the full
insurable value thereof, in such companies, through such a~ents or brokers, and in such form as
shall be satisfactarS~ to the D'Iortgagee: such insurance policies shall remain with the biortgagee
during said period or periods, and contain the usual clause satisfactory to the Mortgagee making
them payable to the riortgagee; and in ~case of foreclosure sale payable to t6e o~+•ner of the certi-
ficate of sale, o~~•ner of am~ deficienc~•. am~ receiver or redemptioner, or an3~ grantee in a A]aster's
~r Commissioner's deed; and in case ot loss under sueh policies, the Niortgagee is autfiorized to
adjust, collect and compromise, in its discrc~tion, all claims thereunder and to execute and deliver
~n behalf of the ~Iortgagor all necessar~~ proofs of loss, receipts, vouchers, releases, and
acquittances required to be signed b~~ the insurance companies, and the ;~lortgagor agrees to sign.
upon demand, all receipts. vouchers and releases required of him to be signed b~• the Atortgagee
for such purpose; and the ~lortgagee is authorized to appl~• the proceeds of an}~ insurance claim to
the restoration of the propert~~ or upon the indebtedness herebti~ secured in its discretion, but
manthl}• pa~~ments shall continue until said indebtedness is paid in full; (d1 Immediately after
~iestruction or damage, to commence, and pr~mptly c~mplete the rebuilding or restoration of
t~uildings and improvements no~~ or hereafter ~n said premises, unless tifortgagee elects to apply
~~n the indebtedness secured hereb}• the proceeds of am• insurance covering such destruction or
~]amage; (e) To keep said premises in g~d condition and repair. without waste and free from ~
anv mechanic's or other lien or claim of lien nat expressl~~ subordinated to the lien hereof; (n
':~t to make, suffer or permit any unlaH~ful use of or any nuisance to exist on said property nor to
~iiminish nor impair its ~~alue by an~~ act or omission to act; Ig) To comply with all requirements
~~f ta~v with respect to mort~aged premises and the use thereof; Ih) Not to make, suffer or permit,
~.ti ithout the w~ritten permission of the D~lortgagee being first had and obtained, (I ) any use of the
~~roperty for any purpose other than that for which it is now used, (2) any alterations of the
improvements. apparatus. appurtenances, fixtures or equipment now or hereafter upon said
~iroperty, (3) any purchase on conditional sale, lease or agreement under which title is reserved
in the vendor, of any apparatus, fixtures or equipment to be Qlaced in or upon any buildings or
i mprovements on said propert~°.
2. In order to provide for the payment of taxes, assessments. insurance
~~remiums, and other annual charges upon the property securing this indebtedness, I promise to
pay monthiy to fhe hiortgagee, in addition to the above payments. a sum estimated to be equivalent
to one-twelfth of such items, which payments may, at the option of the :Viortgagee, (a) be held
b~• it and ~commingled with other such funds or its own funds for the payment of such items; (b)
i~e carried in a share account and wiFhdrawn by it to pay such items; or (c) be credited to the
unpaid balance of said indebtedness as received, provided that the b'[ortgagee advances upon this
obligation'sums sufficient to pay said items as the same accrue and become payable. If the amount
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