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~ To place end uinllnuou~ly k~sp on iha ~::lldt??~t now or hartifitr lhvate on ~atd lu?d a~d an ~II equipment and p4~~ar+s!!y cov~~Rd by thl~ mort~-
a~, wlth all pr~mlvrtu ~hereon pitd tn full, ffre I+uurance In Iha uw~l ~t+ndard policy fccm, In + tum •pproved by the MORTGAGEE, and windstorm
4?uxancr (n 1M wwl •tendud po~lcy fwm, Io • sum •pproved by the MORit3r1GEE, tn wcfi company or compante~ ai the MORTGAGfE may
~ dk~clj srtd all flr~ a~d winchlorm t~a~t~oce policia~ on any o! •ald bvildir+~i, any lntaras! theretn er paN therepf, in the +g9regate ~um efore~sid a
in excees thertof, tkall tontaln tM osu~l ~tenderd ma~tg+gee clause w tuch oihar tlauts a the Mortg~gee mey req~i~e, mekinQ Ihe (O3f vnder ~aid polF
da, ~+ch ~nd ~wry, payable to •sid MORTGAGEE at ib In~ereN may eppea?, snd each and every wch poUcy ihail be prompdy as~'gned and deliverrd to
~ ~ny MW by t~;d MORTGAGEE furthar ~ccwity to isid matyige debt, and, not le~~ tha~ ten (10) days In edvance of ~he ezpiration of each policy, to da
j Iiwr lo ~aid MORTGAGEE ~ rtnewal thereo~, Iog61Mr with e reteipi fo~ 1M praml~m ai ~vch ta~ewal; and Ihere ihall bs ~o fi~e or windstorm insvr~nte
plat~d on •ny of taid buiidinps, any inleresl theroin•or parl thertol, uniess In tha form end with the tos~ payable as nlore~~idj and in the eveni any wm ~
of mo~~y become~ payable undet tuth poUty or policiet said MORTGAGEE ~ha11 have the optio~ to retelve a~d apply the samo on actount of ~he indebted•
M~s s~tvrad hareby w to parmit said MORiGAGORS to retoive and u~e it or any part thereof for o~f~cr pwposes, wiihout Ihareb~ waiv,~ig or impair
:-j tnp +ny ~qufry, lien a right under or by vlrtue of thii mortyage; snd in the event ~aid MORTGAGORS ihall (ot any r~ason fail to keep the seid premises so ~
i Inswed, a fall to deliver ptomptly any of iaid policie• 01 insuranc~ to laid MORTGAGEE, ot fail promplly to pay {uliy any premium there{or or in any
~ rs~pect tall to p~rform, discharga, executs, efFect, <omplets, compty with and abida by this covenanf, or any part hereof, said MORTGAGEf may piace and
pay far ~uch Iruuranc~ a~ny part thercof witha,l watvi~ or e(tecting any option, Il~n, equity, or righl under or by virl~s of this Mortgage, and tht
~,1 full amovnt of each •nd avary ~uch paymsnt fhall M immcdislety duo and payablo and shall bear inte~e~l f~om tha data thereof unlil paid at the ro~e oi
`~r nirta p:r caN~m pe~ ann~m ar?d together with wch Intere:r :hall be :ecured by the lien of ihJ~ morty~ge.
! 4. to permit, tommit or tuf(er no wasts, tmpaTrrtunt or dete~lo~alfon o( ~aid properfy or any part ihereof.
3. To pay ~1! and ~in~vlsr the cott~, charQe~ ~nd axpenss~, Includirp a reasanebte allorney'~ fee and costi of absiroct~ of title, Incurred or ps[d ai
~ny ttm~ by tatd MORTGAGEE, batause w in tM event of the faFlure on the part of the iaid MORTGAGOR to duly, promplly and fuliy periwm, disthargs,
~x~cuto, ~tlect, complete, comply with and abide by ~ach end every the ~tPpulations, ayreemen~E, conditlonr, snd rovenanls oi tald promissory note and this
ma1$a~~ aey or either, and •aid tot~~, chargc~ ancl expensei, sach and every, shall be Immediately due and payablej whelher or not there be notice da
ma++d, atstmpl lo coll~ct w wi~ per?dingJ snd the fuh amouM of each and every iuch payme~t ~fiall bear lntere~l from ~he d~te ihereot vMil paid et the
~ M~ rata of nine per centum pt~ annum; and all :aid costs, charge~ and expe~ses Incuned w patd, togelher with wth IhteresL ~hall be tetured by the lien of thii
mo~t~~~.
~ Q T h a t (a) Tn t M avon t o i any breac h o f t hi: M
ortyeya or de fsu lr oo t h e part o f 1 h e MORTGAGOR, or (b) in the event any of ssW wrru of maney
herain r~(~rred lo be not p~omptly +nd fully patd within thirfy (30) days nex? after tha ~eme teverally become dve ~rtd payable, without dam~nd or notice;
or (c) In 1M evtnt each snd •vtry the ~tipulatiom, sgreement~, conditions and covanants of sa;d promtssory nole and this morlyspe any or either ere not
<< fi+~Y. pr«++P~~r •~d fully performad, di~charged, executed, efFected, completed, complied wi~h and abided by, then in either a•ny ~uch evaro tha s~id sg
`;'>ii qreyate wm m~otioned in said promis:ary note than remalniny unpald, wlth Interes~ accruad, md all monoya ucured hereby, ~hall become due and pay-
~bl~ iorthwith, w tMresfter, at tF» optian of •aid MORTGAGEE, as fully +nd compl~tely a~ if all of the said sumi of money were origin~lly •~ip~lated ~
b k» paid on ~ucl~ day, anylhiny tn s~id promiuory not~ or in Ihl• Mortgaye to the contrsry nolwUhstanding~ and thereupon or thareafter at the option of
~ald MORTGAGEE, without notice or demand, suit I~w w In equity, ther~to~e a thereatter begun, may be proiecuted ai if all money tscured hereby +
~ had maturad p~iot Io iri InstitWion.
+ 7. TMt in 1t~e event that at the bagTnntny af or ~t sny tim~ perx~in9 any iuit upo~ thl~ Mortgsg~, or to foreclose h, or to roform it, or to enforu
.1 p~ymtnt of any tt~ims htre~~dar, taid MORTGAGEE chall apply to tF?e Covrt havJng jurisdictlon tbereo! for Ihe appoinlment af a Receiver, tuth Court ~hall
~i fathwtth sgpoiM a receiver of uid mortgaged property all and sinyul~r, lacluding all and sing~l~r ths incame, profitf, lssves snd rev~nues trom whataver
~ ~owes derived, eath ~nd ~very of which, it beinp expre~sly understood, ii hereby mor~gaged a~ tf tpetific~Uy set iorlh and deuribed in tha granHng and
~ haborKJum clause~ hsreof, and svch Racalver ihall have •II tM broad and ef(ective funcHoni aod power• i~ anywise entrvated by a Court to a Receiver, and
wch sppointm~nt ~h~ll be made by s~+ch Court ai ~o admitted equhy and a matter of absolvte Nyht to said MORTGAGEE, and witho~t reference to 1M
adequ?cy or !r?adeqvaq of the vatw of the property mortgagcd or ta the eolvency or insolvrncy of said MORiGAGOR w the defendanti, and 1ha1 ~uth
~ r~~• profiri, irscome, iuuet and ravenvei ihal! be spplied by iuch R-teiver accordiny to the (ien or aquity of said MORTGAGEE and the prattite oT tuth
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8. To duly, promptly and fvlly p~rtorm, discbarya, ezecute, efiact, comptete, comply wHh a~d abtdu by each and evory the itipvlatto~~, agreements, -
o.
cend+t)oni and coranant~ irt aaid promiisory nota ,nd thii mortyege set fath.
9. ]h~f M tM svant the ownershlp of the mortpa9ed premises, or soy part thereof, txtomss vested tn a perion other tMn ths l4lORTGAGOR, tM
MORTGAGEE, its siecceuora and aieigns, may, witho~rl no~ice to tM MORTGAOR, deat wi~h such succ~swr or tucce~sof in intereal with reFererxe to this
mort9a~ and tha debl hereby :ecured in the •~me manner as with Mortgagor withovt (n any way vitiat?r?Q o~ diKharginp the Morlpagon' liability hera ~
under ~r upon tM debt, hsreby secvred. No ssle of the premtsei hereby moNgaped ~(Id fl0 fWMAfOMO on tiw part of t!?e MORTGAGEE or It• succeston
or auigna and rio extension of 1he lime for the paymeM of the debt hereby iecured yiven by 1Frs MORTGAGfE or fft ~vcce?son or auiQn~, chell operat~ T
ro r+leus, d+'uharpe, mod7fy thange w affett the ortginsl liabiliry of the MORTGAGOR Mroin, ~111rs~ in whole or In part.
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`i 10. !t b specificslly igreed tlu~ ttme ts of the nsence of tht~ contract and ~hal no wal~sr of •ny obltqetion hereunder a of tha obllgatan sa•
cur~d Mrtby shall at any time thereafter be held to be ~ waiver of the term~ here9f w of tt?e Instr~menl ~ecured F?arby. ' : y
11. In additla~ to ihe faego:ng momhly payments of princ:pa) and interest req~ired by the promittory nole tetvred hereby, mortgsgor covenant~ ~
~ ~ a g r e a t t o p a y t o m
a r t g a g e e wi t h e ac h m o n t h ty paymen t an a d diriona l ~um e~tima? e d by mo~tgagea to b s equsl to 1/12 of the annual cosl of the follow- !
:
_i~ A-AU real property taxes levied or atsassed a~ainst the above desuibed real estate.
B-Pramtums on firo and wlndstorm inw~ance as herein rrqu~red to bm tarried on the Improvemeats situate on the ~bove deicribed premitai.
C-Pnmiumt on such martg~ge yuar~nty tn~urance as morrgagea shill from time to time detm fit to carry on 1hs loan setured hereby.
ARortgages ahtll from tlrrK to time notify mortgagor in writinp of ~he amount due and payabls hareund~r and •~ch tvm shsll therevWon be dua •nd
payable on ths due date of ths noxt month~y payment +nd each successiv~ month thereafter until mortyayee thall notify mortgsgo~ of a chan9e in ~uch '
amovnt. Such sums shall ba applled by mwfgagee torrard the paymeM of real prope~ty t~xaa, tnturonca premivmt, artd mortgaQa gusrantb imutent~
pr~rnf ums.
IN WItNESS V+iHEREOP, the satd MORiGAGOR ha: hereunto sef hit hand and teal the day .and~ys~r irtt afaresaid.
Si~ned. •led deli ~ed he fi J~
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TATE OF FLORiDA ~ .
= courrnr ~ Sej-nt Lucie . • ~
e.fa R» P.~it'~'o e s --~~Q~~S~ ~v
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~YA • Q h k wN~, to rt+~ well known and krwwn to ms to bs
ths Indivtdwl: dewibed in and who sxacused tM for r~ o
l n q tnstrumen?, and s
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a r~ m~ t}, a t t h e
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t1»retn expres~ed. Md the utd___ IVA .1. ~O,j~?A8
wtf~ of t1,~ Htd Ray.~ond R. Lope s , upon a s~par+t~ a»d prtvats
examination by ms taken sepa~~te ind sparf from Mr ~akl hu~band, acknowledsj~d to ~nd b~fors rnr tMt tM ex~cutrd aa:~ Irntrument fn~ly ~nd volur~-
e~rify snd without ~ny cwnpvlsk+n, corutr~Fnt, ~ppraMnaton,~ f~u of or from her said hutband. .
WITNESS my hand and offklal sesl thi~ ~~T day of 1~1. D. .t9~[~
. ~
, K•~ ry Pvblk In ~nd for tM 31~h ~.~~~ida 'f '
Comrnhsfon ~xpbreu ` ` ~
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' pflf ~ti~ :tiV{(I~i ~ ~Oilt ~ift4fl . / ~ ^ / : • 1
Of fort Pierct. '
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P~."'. F~°`~' Fft~O ANO RECQR~ED PibiC..~~° ~ n
• ~~`""n ~ . ~1v~U.1L~ 3OOK Bonded by Amer~can 5ure~?~c~~~1C,p ,
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-f :z•,~? ~ ROGER POii'RAS.CIFRK
~ . . . ST. LUCIE COUN1Y, FIORlOA .
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