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3. To plsu ~nd conlinucw~ly keep o++ Ihe twtlding~ now cx here~(Ier ~Ifuate on satd ieex~ an~ si~ equlpme++l ~nd peroon~ity covertd by thi~ mwlg~ '
~Qs, wiih dl premlvmf thereor~ p+id In fuif, tire inturonca in tM uivd fiendard poiky f.art~, In s~um approved by Ihe NItiORTGAGEE, and wtnd~torm ~
lnwranti in fhe usw! U~nds~d policy form, In • tum approvad by tha A10R1(3/1GEE, in ~tr.h company w cor~++p~niee •s 1F+~ MORTGAGEE ma~ ~
dirsci~ and ~1) lirs end wlodtilo~m Inwra+xe polkie• w+ any of ssid 6vlldingt. any intenst theretn or part Ihcreof, tn tM aggrep~~a ~um •iorrc~id a ;
M+xces~ theraof, ~hall ccxHaln the uswl sia~dard maty~gae ci~use or ~uch rther clsuse •1 ~ke Ma~~ages may rsqvi~a, maklns tM lo?~ unde~ ~iid polt- ?
ri~+, each and every, papable ~o uW MORTGAGEE a~ its I~tereil ~n~y eppeer. and esch end evcry such pallcy ~h~ll be promplly •~s;9ntd a+sd deliversd ~o
a~~ held by s:td MORTGAGFF •f fwtMr •etwity lo s+id mort9ays debt, ~ne~, noe les~ than ~en (10) d~ys In adwncs oi tla expiraston of e~ch poficy, to d~• ~
Iive? to taid MC)RTGAGEE • rtnsws! ifi~~eof, tog~lhsr w9ih a recetpl ior the p~cmlvm oi tuch rrnewsii and Ihrr• ~hill b~ no fir~ or wimi~lorm loswanco
pl~c~d on sny oi aid butld~n~~, a~y Inieraii therri~ a par~ thercof, unlety In iM form ~nd with ths lo» payable a~ storessWJ srtd M 1he •ven~ sny wm
of money betorns~ p~y~blt under ~uch polky ot politie~ t~id MORTGAGEE shall harro the oplion 1o rec~ive and ~pply ths ~eme on +ccou~l ot tFia irxlebted-
• ne~• ~ecurcd henby w to permlt •aM MORTGAGORS lo recelve •nd v~~ it w any parl thereof tar olhcr purpaiei, wtihoul ~hcrcb/ waivinq o~ impair• i
Ir+y any pvify, It~n or riqht undei or br virtw ot thi~ morfp~y~~ ~r+d In tM •wnt ~aid MORTGAGQRS ~h~ll (a any r~~son i~li lo ke~p tM sNd pnmi~cs ~o j
~ i~nivred, a fNi w d+liwer pranpHy any of ~a{d polici~a of i+»uranc~ to iaid MQRTGAGEE, or i~?I promptly to pay fully ~ny prtmivm Ihenfot or 1n ~ny
rtspect i+il ro p~r(am, dlscharge, ~xstWe, ~ifrtt, tomplete, tomply wtth and abkit by this covt~anl, a~ny parl Mr~o}, faid MORTGAGfE may plac~ and ~
i pay ta_ wch kuvr~nc~ o~ •ny part thereof without w~ivi~+y a•ffxNnp ~ny oplia+, ihn, equity, or ~igh? under a by virtw ol t!?It Matt~age, ~nd tM
' full amo~n~ of ~+ch and .wry evch paymem •h.l! be Imm.dt•roly dw .r+d p•ybt. ~nd ~hail baa~ Intc~est fran tM d~h theno( until p~id ~t tM rars ol
nin~ per centum per ~nnun+ ~nd toyether wNh ~vch {nttres~ ~hiil ba tetund by 1M Ikn oi thit matqaqe.
To pe?mi~, oommit a suffrr ~+o wHt~, M+paimxnt a det~rioration oF saFd propHty or ~ny part tlxrcof.
S. To pay aii snd ~inpular IM coiti, cluroet •nd expenses, irxludinq s reaweabie •Itorney'~ fee ~nd cosl• of abstrects of title, tncvnad or peld al ~
•ny t(me by said MORT(3AGEE, becavie a t~ Ma ~vent of the f~ilurs a? 1hs part of fhe taid MORTGAGOR 1o duly. prompHy and tuily perforrt+, d~scharqe,
; •xecvto, ~ifstf, tomplet~, oomply with and ~61da 6y ~aci~ a~d every ihe •I~pu4stiw?~, aQrsvmenh, tonditioro, •nd covenanit of uid ~romiitory note and thi~
matQay~ ~ny or ~Iiher, ai?d s~id cos~~, charget and sxpemes. e~ch ~Rd fVHY. ~h~ll be immediately due and pay~bfaj whelher a nnt tMee be ~+otk~ ds
m~nd, •Itemp~ ro coltecf or ~uit pendinq~ and the full imouM of each •nd twry tuth p~yme~t ~hsll beu in~eresl from IM date Ihereof vntli peid at the
rete oF ntne p~r terttum per ~nnvm; +nd all said to~t~, charge~ end explnses ineurr~d or paFd, iopether wi~h ~uch Intuo~t, ~hall M securad by ths Ilen of thit
mortga~p~.
` 6. Thsf in fi+e ~vvnt of ~r+y bnuh of this Nartgpa or defsui~ o~ ?M p~rt of the MORTGAGOR, or (b) In the waK+t eny of ~aid tum~ of rtansY I
hKetn r~(errrd fo bs not promp~ty a~d fully paid within thirly (30) day next after tha ~art» eeverally brcome dve and payabls, wi~hovi demand or notice,
' or (c~ in the tvenf eoch and every the stipuf~licn~, synemtnt~, conditbns and cownants of ~aid promi~sory note snd thi~ mortgape any or ~ithe? ue no1
' luly, promptly a.id i~lly pK{ormed, diicharged, executed, sifected, compleled, compiied with and ~bided by, then In eiiher or any such awnt tl» s~id aq~ .
qreyate sum mentbned In t~ld promissory note then rematntn~ ~npaid, with tntereit accrucd, a~d a!l mo~ey~ tec~red hereby, tfiall betome dw and pay-
able forthwilh, or there~fter, tt tM optioo of •aid MORTGAGEE, e~ fully and completely ~s il all of Iha taid ivmt of money were aiginally eGp~tated
fo be paid on such day, anything in iaid promissory ~?ote or in fhif Mortyaqe to tM contrery nolwi~h~tandi~gr and therevpon or thereafter ai ths optio~ of
teld MORTGAGEE, withovt notica o~ d~mind, •~it at law a!n eqvity, there(or~ or ?hereafler be9~n, may be prosecvted n if ell mon+ys sxurad hsr~by
; had matvred prla lo ib intNtuNon.
7. That in tfie evrni that at the beginni~ of a at any tims pe~ding ~ny suit upon thts Mortpage, a to foroclose it, or to reform it, or to enfores
payment o~ ony cletms hereunder, said MORTGAGEE shall epply to the Court having jurisdiction thereof iw the eppointment of • Receiver, ~uch Court shall
forthwith ~ppoinl e ~eceMtr of saTd matpped property •II snd sinyular, inclvdinp all and iingular the income, profit~, INUSf and ravanuas from whatever
wurce ckrived, each and ~very of which, it beinQ sxpraily undentood, is hereby mortgaged as if apeciflully iet forth and de~uibed In the yranti~g and
~ habendum ttauses hereof, and ~uch Receiver shall have all the bro~d and effective func~toos and powen in ~nywise entrvit~d by a Covrt to a Receivsr, and
~~ch appainlr.xnt ihail be msd~ by such Co~rt as ~n sdmitted eq~ity and a matter of a~solute riyht to said MORTGAGfE, end without r~f~rence fo the
adequaty or tnsdeqvacy of th~ v~lut of the property mwtqaQsd o~ to the solverxy or insotvency of said MORTGAGOR a the defendanN, and ~hat ~uch
~ renu, Profib, incom~, tssue~ and rsvenue~ ~hall be applfad by iuch Receiver sccordinq to tM litn or eq~tty of said MORTGa4GEE end tM pr+ctic~ of t~Kh
f CovN.
~ 8. To dul , prom tl arid fvll rfotm, diuher e, execute, af(eci, co le1e, cam I wifh snd abide b each ~nd ever the tti latlon~, a reements,
F Y P Y Y P~ 9 P Y Y Y F~ D
4 co~ditiont ond covenants tn said promissory mte and thia mortyage tet forth.
' 9. thst tn the event the ownershtp of the mortgafled premiee~, or eny part thereof, becomes vesfed in a perwn other than the MORTGAGOR, tM
? MORTGAGEE, it~ ~vccesion snd sssign~, may, wt!houl naiice to the MORTGAOR, deal with ~uch succeasor or iuccessa in intere~l wilh reference lo thi•
mortqage and the debt h~reby tecured tn Ihe sama manner ts whh Mortgsgor withaut ln any waY vitiaHny w discharging the Mortyigors' (iability Fwr~
under or upo~ the debt hereby secvred. No t+le af the premise: hereby mortp~qed end no farbearance on tt~e pert qi tM MORTGAGEE a itt svctessut
. or aisigns and no extension of the ttme for the paymenl of the debt hereby secured qiven by ths MORTGAGEE or its wcceaeora or ~uipru, ihall optraf~
fo release, dischu~, modify change a aff~tt the original liability of ths MURTGAGOR herein, elther Sn whole a tn part.
10. It ts speci(icslly agreed thal time t~ of the essence of thii contratt ~nd thsl no w~lver •of any obliy~tion F»taunder or of iM ob1(9~tion te-
cured hereby tfiall at any flm~ tlxreaNer be held ro be e wslvar ot the terms hereof or of tM Instrvmenl ~ecured Mrby. ,
~ 11. In addition fo fhe forrgo:ng monthiy psymente of prlnc:pal ead inleretl requ+rad by t~~a promtssory note aecured hereby, mortqsgor covenanlt
snd +gree: to pay to mortgeyee with each monthly payment an addiltonal ium estim~ted by mortpagee to be equal to 1/12 oi tFie annual tosl of the follow-
.
A-All real propsrty taxei lovied or assessed agslnsl the above described real estata. '
~ 8-Premiumi on fire and wtndslorm insurance es hareln required to be carried on 1M tmprovementt dtuate or~ the above d~suibed premisas.
C-Premiom~ an ~uch morfgege guerenry Insurence manpsye~ thall from tim~ to time deem fit to c+rry on fhe loan setur~d Fxreby.
~ ! Mortgagea shall from time to time notify mortgagor in writing of the amounl due end payable hereunder and avch wm sfiall tfierevpo~ be dve and
; psy~ble on the due date of the next monthly payment snd each successivs orsonth ihareafter untll mortgagee shall notify morfgagor of a chanQe [n auch
amounl. Se?ch tums ~hsll bs spplfed by rtwrt~age~ tow~rd fM peyrt»nt of ?e~l property taxtt, Iruursnte premivms, and morlgay~ yuar~nty (nwranc~
premium~.
~ IN WITNESS WHEREOf, ths s~W MORTGAGOR haa h~r~unto stf h1t har~d ar~d asl tha d~y a fint aic,re d. '
~ td. S~al and dd r~d tM preaentt of~ ,
; . •n
; ~ • ~ ~n
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{ STATE OF FLORIDA ~ . '
f c~~ ~ Sai.nt Luc~e ~ ,
s ~ LeRoy C. Hefley
! ; e.for. m. p.non.~~y .D,p.sred • .nd
~ Me:r~ H. Hefley -
hb wtf•, ro me vwl! known ~nd known to en~ to M
Y a tM lndlvtdv~ls detcribad ie and who ~xecut~d th~ fae~oir?y In~ttum~nt. ~nd ~ckkrwwltdqed bafore rt+~ th+t thty ~x~cvt~d tM Mnw for tM pwpoas
~ { Mar H. HePle~
R therein sxprcued. Md th~ ~a1d
~ ~ ~M ~ LeROV C. Hefley , upon a ~ep~rat~ ~d pttv~t~
` i ex~mlmfan by me ttken s~psrate ~nd ~part from h~r sald Mnband, ~cknowledped to ~nd befas rr~ that ~he executed uW ka~rurn~nt fn+lr u+d rolu+r ~
i t~rlly ~nd without •rty compvl~lon. comtrdnt, appnMntion„or fex of or from hK said nd. . .
' ~ 1KITNESS my i?~nd and officl~) ~1 N?h day of ~ A. 61. 19~
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a Notary P~b n ar+d for ths S1af~ of Florida at La~ ,
~ ~ 131565 : Mr ca„m~N~ . . -
`t L . : .
. Notary Public, State oi Florlda at.t;a .
F ~~'~~~~deral Savtn~~~'F~a.n A.soct~tton My Commission Exptres Aug. 6, 196~
Y. Americ~n ~uct.
E ~a fo.t•.~ . FILGD AND RECOflOED ~ B,~ ~cc~.~d.~,
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` - • - - IN ° BOOK ,
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~ : ~ 1964 OEC I 5 PM 2: 5S - p~ ; . ~ ~
. ,'~~~OF ~~~~~.~~~~~~•~`p~ . - - . . ~ . . : ~ . . . . ~ ~ ~ ~.,A.~;.,''~t ~ r
~ - ~ '~~.,,~`~OnIOR~' ~ ~ - ROGER POITRAS.'CtERK •;j ;w.
. . . . _ ~ ST. LUCIE CQUNTY, EL4RIDA s ~?1-~'~~'`~•;~?.;;; - "
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