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And ~aid Mortgagors. (or them~elves and their htin, te9el raprosentativei, wccesfor~ ~nd etfign~, hereby jo1n11y ~nd fev~rslly coven~nt and ~grte
~o and wi~h Ihe iaid MORTGAGEE, it~ iucce~tort and ase+gns:
1. To pay ail and tinfl~~lar the principel and interztt end the variouf and •undry wmi o( money payeble by virtue of tnid promi~sory note, end ihi~
mortqn~e, each and evary, promptly on ~he days re~ptctively Ihs iame ~ev~rolly betom• due.
2. To psy alt end ~tn9ular the 1axe~, as~e~sment~, leviet, Ilabilitiet, oblig~tions and entumbr~nce~ of every n~turo end kfnd now on Iaid d~uribed
property, or that hereairer may be impoied, iu(fered, plated, levied, or a~sa~iad thereon, or that heres(ter may bs Ievied or •uetted upon thl~ Mortp-
~ge, or the tndebtedneis tecured hereby, es~h and avery, when due and payeble, eccordinq to I~w, before they become d~hnquanl, snd befo?e any Inter~i~
at~aches or any penal~y is incuned; AND INSOFAR AS ANY TNEREOF IS OF RECORD TNE SAME SHAII BE PROM°1LY SATISFIEO ANU DI$CNARGEO OF
RECORD AND THE ORIGIhAI OffICIAi OOCUMENT (SUCH A5, fOR INSTANCE, THE TAX REtEIPT UR THE SATISFACTIUN PAPER OFFICIAILY ENDORSED
OR CERTIfIED) SHAII BE PIACED IN iHE MANOS OF SAID h10RTGAGEE WITHIN TEN OAYS NEXT AfTER PAYMENT, and in the event that any Ihereof I~ no1
paid, sat~sfied and discharged sa:d h50RTGAGEE may at any time pay the same or any part fhereof without ~vaivin9 or af(e:ting eny option, lien, equity or
~~qht under or by v~riue of thi~ morigage and the full amount of each and every e~ch payrr~ent ihill ba immediately due end paysble and fhall bear intsreit
Erom the dnte thereof until paid at rate of eipht per centum per ennum and togethe~ with ~uch intere~t thall ba ~ccured by Ihe lien oI th's morptaqe.
3. To pf+u ~nd contlnuou~ly ketp on iha bulldinyt now or hereaft~r ~itv~to on ~~Id lend ~nd o~ ~II eqvlpment and per~onally cov~rsd by thlt mortp-
ag~, with ~II pr~mfum~ thtrton paid in full, ifrs In~utanc• tn ths ~wal i?endud pollcy form, ln e wm epproved by the MORTGAGEE, and wlnditorm
Iniurant~ In 1M uwsl ~tanderd policy form, In a wm •pproved by th~ MORTGAGEE, fn ~uch compiny or tompanlt~ +t th~ A10RTGAGEE m~y
d(r~ct~ ~nd ~II fir~ •nd wind~torm !nwnnce polld~~ on ~ny of faid buildiny~, •ny InlereU therotn ar pert the:eoi, tn th• ~gflreystt wm ~(ora~id or
In •xc~u thereof, ~hall contaln tha ~sual ~t~nde~d mortgege• cl~~~s or svch oiher cl~uae a~ th• A~artgsg~s m~y requir~, m~klnp th• lo» u~der ~eid pol!-
cl~~, •ath m~ ~very, p~yable to teld MORTG/lGEE ~f itt Intere~t may appear, end eich •nd every tuch policy ~hell b~ promptly e~t.flnad and deliverrd to
•ny he~d by ~nld MORTGAGEE a~ furiher security to ~aid moripegs debt, end, not 1~?~ ih~n tan (10) d~y~ ln advanca of tha oxpir~tien of asch policy, to da
liver 10 ~afd MORTGAGEE • renewal thereof, toqe~har wlth a receipt for the premt~m oi wch r~newsi; and there ~hell bs no fira or winditorm inwrenc•
placsd on ~ny of s~fd bulldlnp~, any Interest theretn or pari thereof, vnless ln the form and with the loi~ payeble a~ afore~aidj and in the event eny •um
of money become~ payabfe ~nder ~uch policy or policie~ setd MORTGAGEE shell have ~he option to receive and apply the ~eme on eccount pf the fndebted-
rwsi tecured hereby or to permit iaid MORTGAGORS to receive and use it ar any parf thereo( for other purpotes, without theraby waiving or impair-
Infl iny ~quiry, litn or riyht undsr or by virtus of thii mortyayej and In the event t+id MORTGAGORS ~hall for eny rteian fall to keap tha ~aid prenisec •o
tnfured, w f~tl 1o deliver promplly any of ~eid policiat of tnturance to tsid MORTGAGEE, or f~il promptly lo pay fully eny premium thereior ot fn any
re~ptct f~il to per(o~m, di~char~e, exacute, effect, complete, comply with and sbid~ by this covanent, or eny part hereof, said MORTGAGEE may plate and
pay tor tvch Intur~nca or any pert thereof without waivinfl or affecting eny option, lien, equity, or right under or by virtue of thii Mortgage, ~nd the
full amount of each snd evtry iuch payment ~hall be immediately du~ ~nd pnyable and ~hall beer lnterxft from tha date thereof until paid el the rate ot
nin• pe~ centum per ennum and together with such intare?t shall be ~ecured by the Ilen of thit morlyaye.
1. To parmit, commif qr suffer no weite, tmpairment or deterioratian of tiid properTy or ~ny peri thareof.
' S. To p~y al~ •nd ilnyuler th4 coit~, charges and expanies, inclvdtnq a rre~onable •ttomey'~ fee snd cost~ of ab~trect~ of title, incurred or paid at
any fime by taid MORTGAGEE, becevse or in the event of ths feilurs on tha pert of th• ~aid MORTGAGOR to duly, promptly and fully pertorm, diichsryR
sx~cuta, effcd, complete, tomply wilh and abide by •eth and every the ~tipuletion~, agresmenlt, tonditionf, and coven~n!t of aaid promissory note end thi~
mortQepe any or either, and •sid costt, charge~ end expen~ei, each and every, ihall be (mmediately due end peyables whether or nat there bs notice de
mend, attempt to coliect or ~uit panding; end the full amount of each and every ~uch payment the11 bear lnterett {rom the dste thereof until paid at the
rate of nine per centum per ennum; and atl ~aid coft~, charqe• snd expanses inc~rred or paid, toflether with such intereYt, ihali S+ ~ecurod by Iha lien oE thi•
mortpay~.
6. Thef (e) tn the event of any breach of thtt Mortgega or default on the pan of the MORTGAGOR, or (b) in the event any of teid wm~ of money
' h~r~ln rel~rred to be noi promplly and fully paid within thirty (30) deyi next •ftst the tems ~everslly become due and payabla, without dem~nd or notice,
or (t) In th• ev~nt eath and every the ~tipuletions, ayreemznt~, conditions and coven~nte of ~~~d promissory note and thie mortpeye eny or ei~her an not
~uly, promptly and fully performed, d~acharged, executed, effected, completed, tomplied with and abided by, then in either or any ~uch evant ths t~id a¢ ?
preyat~ 1um mentioned In •eid promii~ory note fhen remaining unp~id, with intarett actrued, and ~11 monsyt secured heraby, fhail become due and pay~
•hle forthwith, or Ihereafter, at the option of ~atd MORTGAGEE, a~ fully and completely af if all of the taid sum• of money wera oriyinally ttipulated
fo be paid on ~uch dey, anythTn9 in ~aid promi»ory note or ln tht~ Mort9ega to ths contrery notwilhftending; and thereupon or thereafter at tha option of
taid MORTGAGEE, without notice or demand, suit at law or fn eq~ity, therefore or thsre~fter beyvn, may be prosecuted a~ if all moneyt iecured hereby
had matured prior to it~ imtit~tion. •
i
7. Thst In the event thet aT the beginntng of or at any time panding eny suit upon ihts Mortgege, or to foreclo~e it, or to reform It, or to enforc~
paymenf of sny cleims hereunder, •aid MORTGAGEE thaN apply to the Court having (urisdiction thereof for the appointment of a Receiver, wch Co~rt ~hell }
farthwith •ppoint • reteiver of •aid mortyaged property all and tfnguler, I~cludmy all ~nd ttnfluler the income, profi», i~wei and revenue~ from whatever
, wurce derived, aath and every of which, it beiny expres~ly underatood, i~ hereby mortg~fled at if ~pecifically tet torth •nd dettribsd in th~ flrantinp and
habandum clausea hareof, and ~vth Receivar •hall have ell the broed and effective functiont ~nd powert fn enywise entru~ted by ~ Co~ri to a Receiver, •nd
~uch appofntment ~hall be made by such Court et an admitted equity and a mattet of sb~ol~t• right to ~sid MORTGAGEE, and without reference to the
~d~quncy or Inadequecy of the value of the property mortgaged or to the tolvency or imolvency of tsld MORTGAGOR a the defendenif, and that fvch
rant~, profit~, income, I?sue~ and revenues shall be epplied by such Receiver accordinp to the Iten or eqvity of ieid MORTGAGEE and ths practice of ~uch
' Court.
8. To duly, promptly and fully perform, difcharge, ezetute, effect, complett, comply with and abide by eich and every fhe ttipulation~, agreemsnt~, `
tonditlon~ snd covenantr in ~aid promiisory ~ofe and thit mortyaya ~st forth. -i
9. Th~t tn ths event the owncrship of the mortgayed premise~, or any pert thereof, become~ veeted in a perwn other th~n tM MORTGAGpR, the _
MORTGAGEE, ft~ wcteuors and assigns, may, without notice to tF,~ MORTGAOR, deal with s~ch •uccessor or t~cce~tw fn interest with rtf4re~ce t0 thit
monysye ~nd the debl hereby set~rtd in the •~ms manner a~ with Mortflasor without In any way vitieting or d~isharging ths Mortgepqrs':•IIe~UjtY herr
und~r w vpon th~ dabt hereby tecured. No tale of the promise• hereby mortp~fled and no forbearente on the p~rt of the MORTGAGEE ~pr Ut,iucceajon
or ~utfln~ •rd no txtension of the time for the peyment of the debt herfby ~ecur~d Qiv~n by th• MORTGAGEE or it~ ~utceiior~,•di ~aiiyR~, thill op~rats
to nl~ass, discharge, modify chany• or affect the oriyinal li~bility of the MORTGAGOR htr~in, either fn whola or In part.
10. It ti tpec+fically sgreed tFut ti.me I~ of the e~sence of thi~ contr~d and th~t no watver of •ny obligetion h~re~dd2r' ~pr; pf ths obltpatldr~ ei•
tvr~d hsnby ~hsll at any time thereafter be held to be ~ watver of th• t~rmi hsreof or of the in~trument •ecured harby.
11. In addition to the foregoing monihly paymentt of princ pel ~nd interett required 'by the promissory note setvred:here~y,: fnorfysyor to~ene]iti =
and sQr~e~ to pay to mortyages with each monthly p~yment an additional •um eUimated by mortg;.gea to be equal to 1/12 of~tFu.snrw,l coFl of tht follow-' -
I~fl: . _ .
A-All re~l property taxei levied or assessed agaimt tfie above describod real eilate.
B-Premiums on fire and windstorm infurance at herein reqvired to be carried on the improvementt tituate on the abovs~dascribed•PrI(qiset:~
C-Premlumt on such mortyage guaronty inturance a~ mortgagee ~hall from tim~ to time deem fif to tarry on the loen wcurrd F~efeby';' F
Mortpagee ~hall from time to time n~tify mortyeyor in writir~ of ths amount due and payable heraunder and •uch wm ~hall fheraupqn•be du• +nd
psy~ble on ths dus date of the next monthly payment and •ech wctefiive month theteafter until mortyagee ~hall notify mortgagor of a thanQe (n ~uch
amounf. Such •ums fhell bs •pplied by mort~a9eo towsrd the payment of raal property taxu, (murance premiumt, snd mort8ap• yusranty ins~ranta
premivmt.
IN WITNESS WHEREOf, th~ :aid MORTGAGOR h~~ herevnto Ht hts h~nd ~nd se~l the d~y and e first sforesaid.
u9~.a, s.~i.a .~a a.u~ i~ the preNnu ofs Ft L E D A N D R E C 0 R D E D ~ c~
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STATE Of FLORIDA l 7. ~ '
; courrrr oF St . Lucie FZ(~ER ~'i;! ~~R::S, CLcRK ~ ~
i b~fa.. m. pen«,d~y,pp~.~.d ~~.if7~"~("rc~{~u(~1Wkite a widow xx~c ~
~ FLORlDA . hi, Wir+, to me well known and known to ms to b~
' tM {~dlvidu~l~ dHUibed In and who axoc~ted tha forpoinp Initr~m~nt, and acknowledfltd ttefort ma thit ~~xec~ted the sam+ fot tM purpasas `
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