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And ~aid hlortgagor~, tor ihemtelve~ and thei~ helr~, leflal rapretent~live~, wa~nort and ~uipn~, h~reby ~oiMly and ~overoliy covanint snd ~pro~ '
lo ~nd w;~h the ~eid h10RTGAGEE, it~ wcce~sor• end atiiyns: i
1. To pay ~II ~nd ~inyu~er ths principai and intere~t end tht verious end tundry 1um1 0} meney pey~ble by virt~e of t+id promi~~ory not~, ~nd ihif
mortpage, each and every, promptty on the d~ys re~pectivaly Ihe seme fev~r~lly bscom• dub.
2. To pey ell and ~inyular the taxes, a~teslmenh, Iwies, Ilebililiw, oblly~tlonf and tntumbr~ncel of every n~1ur~ ~nd kind now on t~id d~faibed '
proparty, or th~t hera+fter may be impoted, ~uf(erad, plated, levied, or +sseu~d iherwn, ar thit hsrsaftsr rtsay ba levisd or aiee~ied upon thl~ MoHg• ~
aps, ~r th+ lndeblednes~ iecured hueby, t~ch and every, wh~n due and p~y~bl~, ucordinfl to law, beforo they becom~ d~linqusnl, ~nd bsfor• any int~r~~1
~tiachaa or any pc~~sity i~curred; ~`:D !"!$~JF4R R$ eryv tycocnF ~c t~p Q~~oRp TNE SAME SHAII BE PROh1PTlY SATISfIED AND OISCHARGED OF
RECORD AND THE ORIGtNAt OFfICiAt DOCUMENT (SUCH AS, FOR lNSTANCE, IHE TAX RFCFIPT ~R INE SATISFACT~ON PAPER OfFICiAIIY END~iRSED
OR CERTIfiED) SNAII BE PLACED IN THE NANDS Of SAID MORTGAGEE WITHIN tEN DAYS NEXT AfTER PAYMENT, and in ?ha evenl that sny thereo( b not i
~e~d: aar~afied and d~sch~rged sa'd h10QTGAGEE may et any time pay ~he sanx or sny perl thereof without waiv(ng or afftctiny a~y opfion, Ilen, •qu+ty or
~1qht under or by virtue of thi~ mortgage and fhe tuU amount of eeth end every wch paymant ~hali be immediate~y d~a and piy36~a an~ ihalt ba:r int~rss! =
~rom Ihs dale thereof unfil paid at rate of s19ht per centum per ennum •nd Ioqelh~r wilh fvth iMereN ~h~l) be tecured by the Ilen o~ 1h:t mOrpNfls.
3. To pl~t~ end tonttnvov~ly kt~p on ihe bulldtny~ now or hsr~~ft~t ~itu~t~ on ~~id I~nd and on all equipm~nl ~nd pu~on~lly tov~r~d by ihl~ mwt¢
~q~, with all prtmlum~ thsr~on paid in full, (tr• Infur~na tn th~ u~val ~t~nd~rd poHcy (o~m, (n ~ tum spproved by tha MORTGAGEE, ?nd wind~torm
ln~u?int~ In tM wv~l ~tandird poiicy io~m, in a~um •pprvr~~ ~iy ti. ~^v~tG;.C€~, ~n sv:h c~:r.;.sz; s~^+pe~E!! e! th~ A10RTGAGEE m~y
dir~ct~ •nd all fir• ~nd w~nd~torm In~ur~nc• polict~~ on ~ny of teid build~n9~, ~ny Int~r~~t thereln rn part th~nof, tn th• •pprey~t• ~um afore~etd or
tn •xcr~~ thar~of, th~H cont~in ths v~ual ~f~nderd mo~tgepei cl~us• or •uch other ci~u~s ths hionp~fl~• m~y raquir~, m~kinq ~h• lo~• und~r ~eid poll-
cis~, •~ch md' ~v~ry, peyabi~ to uld MORTGAGEE a~ if~ Int~r~N mey •ppear, ~nd •~th ~nd ~v~ry t~xh polity •h~ll b~ promptly ~~~,ynad end deli~ered to
•ny hsld by i~td MORTGAGEE a~ further ~ecurity to ~e(d mor+qep• dtbt, and, not 4~i than t~n (10) d~y~ In edwnce of Iht expiration o! each policy, to da~
livar fo uJd h50RTGAGEE • nnew+l tFereof, tog~thRr with ~ r~caipt for ih• prtmium of wth rtn~wsit ~nd th~re ~h~il be no fire or windNOrm in~vr~nc•
pl~ud on any af ~~Cd buitdinq~, ~ny intere~t thanin or put thcreof, vnleu in th• form ~nd wlth the lon piyabla ~t sforoiafdj end tn ihs awnt any wm
of money becom~s p~y~bl• ~ndar ~uch pollcy or policlt~ utd MORTGAGFE ihall hsv~ the oplion to reteiv •nd ~pply the ~~me on •c~ounl p( tha Indebted•
na» ucured hu~by or fo pbtmit teid MORTGAGORS fo rtc~ive and ute it ot •ny pert thereof for ofher purposes, without thereby waiving or impair-
inq •ny ~qu~ty, I(~n or ri9hi undar or by virtw of thi~ mortyeysj and in Ihs svoni utd MORtGAGORS •hail tor sny reeson fN! to keep tha atd premi~ei ~o
tniursd, or fa!! to delJvsr promptly ~ny of faid policie~ of in~uranca to •eid MORTGAGEE, or f~il promptly to pey fuliy any premium thereFar or in ~ny
r~spect f~il to p~rform, diecharye, executs, effect, complet~, comply with and •bid• by thi~ covenant, or eny part hereof, ~aid MORTGAGEE m~y pl~ce end
pay (or tvch Insurenca or a~y p~rt thareof without w~ivinq or ~ffectiny any option, Nen, ~qulty, or riph~ undar or by virtue of thi~ Mortpage, snd the
full •mount of each and ev~ry tuch psyment shell be immsdi~tsiy du~ and payable ~nd shall beer intera~t from ths daie thereof until peid a~ tha rat• o}
nin~ p~r centum per annum and topether with ~uch intere~t ~h~ll be ~etured by th~ 1(en of thif mort4eqs.
4. To psrmit, commft w~uffer no we~1e, tmpairment or detertoration of i~td proparty or eny p~rf thereof.
5. To pay ~tl and ~fnput~r th~ cost~, ch~rge~ and •xpente~, tncludinp a na~on~bl~ ~ttorney'~ fes and co~t~ of •bitnct~ of tiile, inc~rred or psid st
any tim~ by teid MORTGAGEE, beuu~s or tn the event of th• iailur• on tha p~rt of th• ~~id MORTGAGOR to duiy, promptty ~nd fuily perForm, diich~ry~,
•x~cuts, effatt, complet~, comply with and ~bide by ~ech ~nd ~very tha ~tip~?~tion~, ayrs~m~ntt, tondit(on~, •nd coven~nt~ of ~ald prom(ctory nots ~nd tht~
mortpepe •ny or eirher, and taid coi?i, chsryas and axpan~et, sach and ~vsry, sh~ii b~ immedi~ttly du• ~nd piyabiet whether or not th~ra be notic• dc
m~nd, •ttempt to collect ot ~uft pAnding; and the full amovnt of each and ~very tuch piym~nt ~hell be~~ intere~t from the dats thareof ~ntil paid ~1 iht
rate of ni~e per centum per annum; and afl ~aid co~t~, charqe• end expen~a• incvtred or p~td, toptthsr with tuch tnrereit, ~hel! b~ •ecured by the Ifen of thii
rnortp~ fl*.
6. Th~t (a) tn th• event of eny breach of thit Morty~ge or default on tha p~rt of th~ MORTGAGOR, or {b) In the evant any of seid sum~ of money
har~in rsf~rred Io be no1 promptly end fuily paid wi?htn thirty (30) d~yf naxt after Iho t~m~ ~everilty b~come due and p~y~bfe, without demend or notite, -
or (t) !n the •vant each snd svary the ~tipulatiom, ayreement~, conditiont •nd cav~n~ntt of ~~id promisiory nota end th~~ mortpegs any or •ither an not
~uly, promptly end fvliy p~rform~d, d~tcharged, executed, s4fected, complet:d, compli~d with and •bided by, then in aither or any •uth evtnt ths taid
prey~t• t~m ment(on~d In •e!d promit~ory ~ote then remaininfl unpaid, with infer~tt iccruad, and al! money~ ~ecured heraby, thei) betomo du• •nd p~y~
- a61• forthwith, or thereaft~r, at ihs option ot ieid MORTGAGEE, fuliy and complettiy if ail of the ~aid ~um~ of money wer• oriyinelly ~tipu!at~d
to ba paid on •uch dsy, enythinp tn said promi~~ory nota or in tht~ Mortyaye to the contr~ry nntwithftanding; and thereupon or thera~ft~r at the aption of
tiid MORTGAGEF, without notlca o? demand, ~vit a? liw or (n ~qu;ty, therefore or thv~~ft~r beyun, may be prosecuted s~ if •II money~ ~~cured h~roby
h~d mNvred prior to it~ In~tituti~n.
7. That (n the event that et the be9lnninq of or at ~ny time pendiny eny tutt upon thf~ Morfyeys, or to foreclose It, or to reform it, or to enforts
paym~nt of any ct~tmt hereund~r, teid MORTGAGEE ~hetl ~pply to fhe Court h~vln~ (uri~diction thareof for the •ppointment of ~ Receiver, wch Co~rt sh~ll
fonhwith ~ppoint s rec~ivsr of iaid mortp~ged property •II a~d ~Tngul~r, includ~nq sll ~nd ~inyulsr th~ income, profit~, fi~u~~ end revenuea from wh~tever
w~rc~ dfrived, each and •very of which, it being axpre~~ly und~r~tood, i• hereby mortqeped if ~pecificatiy :et forth ~nd de~crib~d in the qrantinp ~nd
habsndum cl~v~ei hereof, snd ~uch Recelver ~hall have iil ths broed and sffeciivs functioni ~nd pow~n tn anywise entru~ted by ~ Court to ~ Recefv~r, •nd
tuch ~ppointmant ~hall be m~de by •uch Court at an admitled equity and a mettsr of absolute tiQht to ~eid MORTGAGEE, and witho~t tefosence to tht
~d~quacy or inede~uacy of th• vatus of the propeny mortflayed or to th~ ~oivtncy or in~olvency oF ~aid N~ORiGAGOR a ths defendenti, and that ~ucb
rentt, profin, income, I~sues snd r~~enues sh~ll ba •ppliad by ~uch Rataiver accordinq to ths Ii~n or ~quity of ~+id MORTGAGEE •rd th• pr~ctit~ of ~uch
Court.
8. 7o duly, promptly ~nd fully p~rform, disch:rye, execut~, effect, compl~te, comply with ~nd eblds by e~ch and evsry the sNpul~~iont, agreemerit~,
oonditlont and toven~nt~ in iaid promissory not• and lh;f moripegs ~el forth.
9. Th~t In th~ event th• ownenhip of ths mortyaped prtmitet, or any p~rt th~reof, becamet vett~d in a person other then tM MORTGAGOR, th~
l+AORTGAGEE, (tt wctettort snd a~tgn~, may, without notice to tht MORTGAOR, d~~l with •uch tuccet~or or •ucte~sor in interest with nfetanc• fo thi~
ma?tp~y~ •nd the debt hsnby •ecurad in the ~~m• m~nner at wtth Mortqayor without !n ~ny way vitiatinp or "dlicherginq ths Morty~yore' IlablqtY hert
undtt or upon th~ debt heraby tacured. No ~ale oF the premitea htr~by moHpagad ~nd na forbearanca on the pert of tha MOAIGAGF~ or it~ ~~ct~ston
or auipnt ~nd no ~xren~ton of th• t~me for ihs peyment of th• dabt her~by ~ecurtd yivsn by th• MORTGAGfE or iti wccessort or ss~iynf;~~l~aji`b'paaJ~
to rsk+ta, d'rx}~srp~, modify chinys or •ffest ths oripinei It~bility of ih• MORTGAGOR hatain, e(ther in whoit or in part. {`'~i
10. It i~ tpecifically ~yread thet time i~ of th• •~tsnce of th(i contnct and th~l no weiver of sny obliguion henund~r di of th~?-obif9irion,ca,~,:,
cvnd henby ~holl at any time tharr~ftsr ba held to b~ a w~Iv~r of the t~rm~ herwf or of the imtrumenl ~ecured herby. ` i~ • •
11. In additfon to the forsyoing monthiy payments of princ pal tnd (ntereft required by th• prom~story note secured herf~y,_ rt5octy~yor covsninh •
•nd ~Qrett to pay to martS7agee with eech monthly p~ymant en add'+tlons) •um eftim~ted by mortgcgee to ba eqwl to 1/12 of ths_irsnujl cosr of th~ iollow- ~
1^9: _ _ _ _
A-All ro~l prop~rty t~xe~ i~vied or acse~ted •geinst the •bov~ deicribtd red •~t~1~.
6-Prtmiumi on firo •nd windstorm insurance her~in requir~d to be urN~d on th• irnprovementt situata on the ~bovs detcrtbeil,,pr~iniie~, t''-:~
~
C-Pnmiums on such mortp~ge 9oarenty inwr~nc~ as mortfl~flet ~hall from time to fim• dsem fit to tarry on the lo~n «curcd hereby;,.~=~ ,
Mortpspee ~h~ll from time to time notify mortgeyor in writiny of the amount due ~nd psyable hereunder end wch ium ~hail thereopan be dvi:'~n~ ,
pay~bl~ on the dua det~ of th• naxt monthly p~yment and •ech tuttsttivs month th~r~after untfl mortqayee thall notify mortyegor of a th~ny• in tuch
imount. Svch •um~ ~hell be ~pplled by mortgefle• towtrd the p~ym4nt of tsal prope?ry taxei, Inaurance premiumt, and mortgeys pvuanty tni~rancs
pr~mlum~.
IN WITNESS WHEREOF, th~ ~aid MORTGAGOR hit herQt~St~~Qi~l~~~r~~i Q~R~~Qd y~~r firit aforeuid.
~ Slpn S~iltd •nd d~l r n th• pntenca of~ ~ R~j sf±y.~t -~~~8 ~
' .~531~~
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" '66 ~1AN 3 I PM ~ : ~-3 a~,
~s~•n
. :;,'.i_: ) ~ } (~~q
eT~re ~e e~e~n~ns •
o..,,~ St . Luc ie ~ 3§,vG~ i: C"~;;; .
~~~oF- - ST. LUCiE COUNTY,
6~for~ ma psnonatly •Qpaued ~atl~ Lll[!aR ~LORIDA ~nd `
B@A.tY'1CG' Lucas hi• wtfs, to ma wsll known ~nd known to rt?~ to be ;
Mw Ind(vidwle drtwibsd {n •rxJ who ~x~c~t~d thi ferpotng in~trum~nt, ~nd •eknawtedyrd bafor~ m• that thsy ~xocvtad fh~ ums for tM purpaa ;
H~r~1r?~i~+a~MQ. % Afd Ntd _$~fl~ C G ~.ll[~ 8~t
~ a•~,~'~ f, ~ony Lucas
upon ~ t~p~rat• ~nd prlv~ts
; t
x• m i ri ~ H o n b~
r ~
h ~ , t~ a
ip ~ r ~ ts •n d ap~ n f~om hsr I d hw b~ n d, •c k n aw l~dpad to end b~for~ ms th~t ~h• ~xecut~d uld lnitrum~nt fr~aly ~nd volurr
= 1~iilr ~r?8; ~Irlfli~}t ~~nr_~pul~bn, con~tralnt, sppr~~~qn, or fear of or from h~r a t danUa ' 6 6
: YVITNESS mY hsn~ •nd off(cisi ~e~i thl• il d~ of J
Y ~ A. D. l9
_ ; • -~_•y.`~'C- _ ~
- hC- Not~ry Publlc In and r th~ ShN af Pkrld~ ~t lar@e
! R~tf~r~'Ta ~ My Gommtalon ~xp •
Chi:~nt, E~i~~1,lYl'vino• t 4o~n Aswd~tion tlotary Public, $1at~ ai ~e
tAy Commission Ecr,ires i;,c~~~~ S, iyo9
of St. tuct~ Counry :
~ s ~ ~YUda~ 8Y A^"~~ca ~ Fwu F, Ca:.~:~y G,
ft. Pfsrce, fforid~ h(j(IM j~ n~ - " -
~ ~