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To piu~ arxl con~tnuousiy k~sp on rhe b+~ilding~ now o~ hereafror ~itu~~s on ~etd land and or~ ~11 equlpm~nt and p~non~ily tov+~«d by tht~ nsorlp~
~ +q~, with dl pr~mlum~ thereon p~W in tull, fire Insurants in Ihe utuil ft~nda~d policy torm, In • eum ~pproved by Ihe MORiGAGfE, and wtndsfwm
Mwr~nt~ in tf» utwl ltandard poliq f~m, ln e sum appr6veci by the MORTOAGff, In wch compsny ~r compazie~ at eha MC~RTGAi'sEE may
~ ditrct~ •nd ~II tir~ tnd wind~torm insu?snte poik~o~ o~ •nY ot •a;d buildin9t~ any Inroroit therein o~ part thareof. t~ Ihe aQQreg+te sum ~tore~sW o~
~ In sxnns theroof, sMll conuln ths usval tl~ndaid mo~tga9ee clautia or such other clause ai ih~ Mflrlyagee may requir~, mskin~ ahe Icss undsr ~aid pr~iti
cl~s, ~xh and ~vfry, p~yable to tatd M~IRiGAGEE as it~ Inlertif may appaar, snd eath end every ~uch policy ~h~ll ~ promptly a~;qned a~d delivered to
~ a~y M!.~ by iNd h1~RTGAGEE furlhar tecu~ity to said mortgage de6t, ~nd, not leit than Ien (10) day~ In advancs of ihe expiratlon af each policy, to da
Itwt to t+id MORiGAGEE s ronawal thereof, toflethar with a ~eceipt for the p~emtw~n of tuch ~enawa?~ and there eh~ll ba no fire or windilo~m. insur~nce
, placed on ~ny ot said 6ulldiny~, any Inferest lharsin or part thereaF, unles~ in ths form aod wilh the los• payable ai aio~~~atd~ and in tho event any wm
of money tx~tome~ payable under auch polky a policios ~aid MOFiGAGEE shsll have tha oplton to ~eceive a~d spply the same on ~ecoun~ of tha indebted•
Mu sttured hereby at to permil •aid MORtGAGORS fo roceive end usa it or any pa~i thareof fo~ alher pvrposes, without Ihoreb~ waiving or impair•
,T Fnp aey puity, Ilen or rJght under or by virtue of Ihis mortgafleJ snd in Ihe eve~t ~aid MORTGAGORS shat) for any teason fail to keep tha •aid premtses to
~ Inaured, or fal) to deliver promptly eny o{ ~aid policte~ of insurance to ~ild MORTGAGEE, w fail prompity io psy fuity sny premium therafor or tn nny
; ttspect t~il fo partwm, discharge, axecvfe, ef(ecb complele, comply wilh and abide by thi• tovenanl, w any part hareof, ~atd MORTGAGEE may plece and
p~y (ar tuch Tn~uranca ot any p+r1 theieof wi~leout waiviny or affecting any op~ion, Iten, equity, or riflfit under or by virtue of Ihi~ Mo~tgage, ~nd the
full amovnt of esch ~~d avery wth paymaM thall be immcd(ately dus and payabte snd ~ha~l bear lntere~t from !he dete thereof uMil pald st Ihs rate oi
nir?~ par centum per annv~i and loga!!ur wi~h suth IMer~,f1 ~hail be sec~red by the lien ol ihfs mortgage.
~ ~1. To pe~mit, commb w suffer no waste, impairmenl or deterioration of •atd property or any part thcreof.
5. to p~y ~II snd ttnQut~r the co:h, charge~ ~nd expenies, tnciudiny a reasonab~e aNorney'~ fee artd costt of abs?roct~ of titl~, tncwred or pald ei
= a~y time by said MORTGAGEE. berause a tn the went of the failure on the parl of th+~ ~afd MQRTGAG4R to duly, promptly ind ~ully Fsriotm, d~stfiarg0.
~xetut~, ~tfect, complete, comply with and abide by ~ath and every the stipulations, agreements, conditioni, and cove~ant~ of ~ald promiiwry note and thts
~ mottQ~ye ~ny o? ei11?er, and ~aid costs, chargb~ ~nd exp~n~s~, each and every, shall be Immediately du~ end payablaj whelher or not ther+ be notice da
mand, attempt !o coll~ct w•uit pending~ and ths fult amount of each and every svch paymant shal! bear Interosl from 1M date thareof until patd at the i
rate of nira per centum per amwm; and all satd costr, chnrges and expenses inturred or pald, togetfier wiih such Imetest, ihall bs sa~rod by the lie~ of this ~
mo~ip~g~.
6. Thst (a) tn the event of any b~cach of thii Mortgag~ or default on the part of the MORTGAGOR, or (b) In tha event eny oF ~a1d ~ums qf money
~ Mro(n r~e~err~d to be not promptly and fuliy pak! withln lhirty {30) days next after the same severally become due ~nd paysbls, without demand or notke, .
• or (c) In tM avtnt e~th and avery the rHpulationa, agreemenlt, conditioos and covenants of said promissory rtote and thia mortgaye ~ny a ehher are nol
2 ~uly, prompl~y and tully perfwmad, discharyed, exec~ted, effectrd, completed, complied wilh and ablded by, tt?en in eitber or any such evtnt Ihe aaid ap~ . T
preyate ~um mtntio,7ed ln •~id promissory note then remaininy unpaid, wi~h iMUesf accrued, and aU moneys ~ecured heroby, ~hall becwn~ due and pari
~~1~ (orthwith, ar thereaft~r. ~I th~ oplion af ssid MORTGAGEE, as fully and completely at If all of the •atd ~umi of moaey were ortginally ~tipulatrd •
fo be paid on tuch day, aaythtng In s4id promissory note or M tht~ Matgage to Ihe contrary nolwilh~ta~dingj and ther~upon or theresfter at the option of
~aid MORTGAGEE, without notice or demand, tuit at Isw or In equity, thereFora a the~cafter begun, may be pro~ec~ted +s If all moneyi ws~red he~eby
~ had matured priot ro its I+utitution.
•7. Th~t tn fM event thst ~t tha beg(nning af or d any I~me pendiny any wit vpen thti Moriyagv, a to fweclo~ 1t, or ta roform I?, o? to enfora
paymenl oi any clsimi heraunder, ~atd MORTGAGEE ihall apply to tha Court having (~ritididion thareol for the appoi~trrxnt of a Rscelver, tuch Court ~fiall
1 fathwlth appoinl a recc(v~r of s~ld mutgagad propeny all end sinyular, Including all and ~ingvlar the income, profil~, isiuet and r~vanvef' from whatever
wvru dsrlved, asch and ~very of which, It being expretely uredentood, Is hercby mortgaged as if ~pecihcally Ht forth and detuibed in tM 9ronlinq and
habendum c4vs~i he~eof. snd svch Reaiver shall have all the brosd and affec~iva f~nctionz snd powe~~ in anywlse entrusted by • Cour1 to a Rccolver, and
~ sexh appolntment ihsll be made by s~ch Court at sn admitfed equity and a matter of absotute ~ight to tald MORTGRGEE, ar.d withoul . refuence to the ~
~ sdequ~cy or tnadsqvaty of tM valu~ of ihs propcrty mnrt~aged or to the wlvency or insolventy of ~atd MORTGAGOR or the defendantf, and that •uth
rant~, profiti, Income, issuet and revenues ~hall ba apptied by tuch Recetver tccordinp to tha pen or equity of esid MORTGAGEE and the praclice oi ~uch „
Court. . -
8. To duty, promptly ~nd fulty perform, discharge, exacuta, effecl, complete, comply w11h and abid~ by each ~nd avery the sHpulaltoni, agreem~nt~,
, oonditiora and tovenams in uid promissory note and this mortga9e set forlh. _
• ~ 9. Thal In tha avarn tfie ownenhip of the mortg+4ed premises, or +ny part thereof, becom~a veited tn a perwn other than tM MORTGAG,OR, tM
MORTGAGEE, In s+xcau«s ~nd s»1gn~, mry, wHhout notice to the MORTGAOR, deat with such tutcessor a wccasau In 1nlere~l whh reference to th4
? ~isortyag~ +nd the debf hereby ucured In ihe s~me manner at wilh Mortgagor withouf in any way vilistlny w diicharyl~ the Mortpsgon' Ilsbllity Mra
E_ ~ under or upon 1hs debt henby secured. No ssle of the premi:es hareby mortflaged and no (orbeor~nu on tF?t part oi the MQRTGAGEE ot it~ wuessors
s or a~slgns ~nd no extenston of ihe ttme fw tha ptyment of the debt hereby secu~ed glven by IF?s MORTGAGEE or iti tucctstore er aisigns, ahall ope~ats
i to raless~, discMrQe, modify changa or aftecf the originaf liabifity of the MORTGAGOR Mreln, ~ithsr In whde a In part.
l 10. tt t~ s lfkall
! pac y e9reed that time ts of the e~senca af this controd •nd that no walver of any obliflstion hereundet or of 1M obllyation ~e-
~ ~ tured heieby shall at •ny 1lme the~e~fter be held to be a yva(ver of the tarrru hereof or of the ln~trument cecured F~rrby.
Il. In addition to the faego:ng mo~thly payments of princ'pef and interest required by the promicsory note sec~rsd hereby, mortgagor tovenanis
and ayreei to pay to mortgagee with each monthly payment an addiiional sum es~imated by mortgagee to be eqval to 1/12 af ths annuel cost of the follow-
~ ; ir?p~ . . .
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3 A-Afl real property taxes tevied or stseised against the above described reet estsf~.
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' B-Premiums on fire and windstam insurance as herein requlred to be ca?ried on the improvements tiivate on the ~bove dasuibed pnmfws:
~ t i C-Promtum: ort auch mottgaye Qwranty lnsvrance as mortgagee thall from time to time deem fit to urry on the loan decured heroby.
~ • a Motlgagea shall from time to tima notify nwrtgagor in writiny of the amouot due and payabla hereunder ~nd •uch sum shall thereupon be due •nd
- paysbl~ on the due date af ths next monthly paymeN and each iuccessive month thereafter unttt mort~a~ea ~helf notify mortgagor of a c}wr~ge !n ~uth
~ ~ amovnt. Such :umt sha!! lie applied by matgagee lownrd fhe payment of real property taxei, in:urartte premivmi, and mortgage yvaranty imur~nc~
~ prtmiumt.
IN WITNE55 WHEREOP, tha sald MORTGAGOR has hereunto set his hand and seal the day and ytar first a esaid.
ned, Sa+ and erad tn the pre~ance of:
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~ STATE OF FLORIDA ' : ~ ' I
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` ~ ~ cour~nr of Saint Lucie ~ '
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~ y Fred F. Ad ms
~ „ 8efore rtr~ petwnally ~pp~sred ~ ~nd. .
Dnrri s D`~,~jg~7 8 hia wffe, to rrw w~il knawn and known to m~ to b~
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M M d iv i dva t~ d ~ scri b e d tn i n d who executad the for~qoir~ trutrum~nt, and ackrwwlasiped Mfora m~ 11w1 tl»~? ex~a?t~d th~ sartw for s!w purposes
~ "p Hwr~Un exprass~d. Md tho u~ - DOI'2'~S D. Adam$
~ wtf~ of th~ said ~''Y'6C~. Adams vpan a~rat~ and prlr~t~
~ ~ 1 ~xuninatwn by ms taken teparate ~nd apaM from l+~r wid hvsbsnd, acknowlodged to ~nd tiefore ms fhat tM exewi~d saW tmtrumenf fr~sly ~nd volwr
' ~ luily snd witho~i ~ny compulsion, carutratnt, ~ppreheru~~pp w fear of or irom her said hust~nd. •
= wiTNEU mr t,~~a and offk~al •.at tht• 2«~ day of Decein p. 19_
~ Notary Publk and fw N» Stit~ of F{alda ~t larp~
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~.?;•~Sr~.s~~s.,1~ , Auoctation NotA~I? Publk. StAte af Florida at LarSe
. :-o~: ~~af P~~.,~~`,_, F!!ED At~Q RE~~~D~D MY Commission FxPlras Aug. 6~ 1967.
~ : f A ~d:', ; • ~~~ipnded.By~American Sucety. Co. of N. Y,
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:Av D U; 1964 DEC --7 PM 3: 23 ~ . ~ = ;4~~~- r~ '•,7 P' . . ,
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