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3, 1') plec. .nd <Onli.wously kH!) c;n ~ b:Jlldlnq. rtOW or ......tt., 1I1u11. on ..i,j I.nd and on .11 ''1ul~.nt Ind par.onll!y cov.red by l"lt ,:,"ortg--
.g., with .11 p<emlv..... Ih.re<,n paid In full. fire 'neurine. :n the "'\'11 II.nd.,d po~ky fo.m, In a Ivm Ip;:><ovad by the MOIHG~GEE. .nd ""rY-'llnrm
InalJfl~ In the ,;wII ,"ndard polley lot"" In a wm approved by lho M0RTCAGfE, In .uch CDn"plny or complnl.. II the MORTG,",GEE ,m.y
dlrectJ and all fir. .nd windalo(.., IMu,ance polld.. on any of uld bulldi~', any Inl.r..I It>>r.ln or plrl lhereof, In 1"- ~llr~II. ,vm afor...,d or
In .xe.... thereof, &h.1l CDnlli" 1"_ v_I IIandard mortgag~ cr.vM or Ivch Olher c1.~ II the Mortg.~n m.y ,.qvir., mlk~ng the IOI~ under ~"id p:>11-
elM, .ac" Inc:i ......y, p.y.bl. ", ,,'1 MORTGAGEE a. ill Inl.,..1 m~y Ippaar, Ind .ach ,nd ,ve<)' ,,'<h polley ."all be promplv lu'gn." Ind del,v.r.cI 10
.ny held by Slid MORTGAGCf II f"rlher IICV,ity 10 uld m(\rfgag. J.bl, Ind, not I... than I.n (10) d.yo In .dvlnr.a of I"a .xpl"Iion of ..,,, policy, 10 de-
11v., 10 ..iJ MORTGAGE! . renewII I....,eof, together wit'" a r.c.lpl for the p<.m:um of Ivch 'Itnew.l; Ind Iha,. Ih.1I be no fir. or wlnd"orm Inlullnee
piKed on any 01 ..Id bvitdingl, ."y Inlet... ,h.'.in or part lhe,eof, vn;e.. In the I.".., &od ",lth the lOll p'Ylbla II Ifora..kl; .nd I" 1"- ev.nl Iny .vm
of mon.y become. paYlb:. vncH' .uc" polky or pol;c~. uld MORTGAGCE lhall hav. the option 10 rec.i"a Ind .pply the '"rT'e on accounl .of lhe IndablOd-
neJl ..cured her.by or 10 parmil uld MQilTGAGORS 10 ,ec.lv. and "'.. It or Iny pa,1 'o,.reof fo, ot"-, pvrpOI.I. wirhovl I"...by Wllv,n;! or 'mp'"'
Ing any equily, lien or 'igl-I vndar or by vlrtva of Ihil mortg~.; .nd In lhe .va"t ..id MORTGAGORS """11 for .ny ,...on fa,l 10 k..p I". I.id pi.mi... .0
:n.",rotd, or hil 10 d.llv., promplly .n,! oi ..Id ;>olicJee cl Inlu,,:v.. 10 I' id MORTGAGEE, or hil piomptly 10 p.y fully Iny p,amlvm I".r"for or in Iny
'..peel hi! to parlor.... dioch.r~, execul., .ffect, ~pl'I., comply with and abide by Ihi. coven."I, or Iny OIrt hereof, .aid MOilTGAGEE mlY pl.c. and
pay for l\Kh in,u,.",. or .ny perl Ih1treot wllhout Wllvlng or .ffecting Iny oplion, lien, ..quity, 0' ,ig"" und.r or by virlv. of I"i. MorlIJlge, Ind the
full .mO'JnI 01 HCh and 'ver( wdt paymMlt ohail be Immedlll.ly dve .nd pay.bla .:'><1 ."all beer Inl.ra'l from 1"- C.I. l"-rlOf vnlil plld al lhe ..,. 01
",,,. par canlum per .n""", .nd lO\jelhc, wllh .uch !nl.,.., Iholl be I<'C\/red by ;he lien .;)f Ihh mo<tg.g..
4. To permli, commil or .uff., no Will., in'.pai~t or det.rlot.tlon of ..id property or any part IharlOl,
5. To pay .11 1'><1 .Ingu!or the c:>ll., cherg.. ~nd .llplft.... Including. r..lOt\Ibi. ""orney'. f.. .nd COlli of .oll,Kf1 of till.. hcvrred or paid I'
.ny lime by uld MORTGAGEE, bee.".. or !" the .vent of lhe faib,. on the parI of the Hid MORTGAGOll 10 duly, promplly Ind fully ;>erlorm, diKhorg..
.xecvl., .ffect, CornpL.I., comply wilh .nd .bide by .ach and .very the .11PU!lliona, agr..."."II, cond it iom, and covenanll of uid promiuory nol. Ind Ihi.
mortg.g. .ny or .1Ihe" ~.>d ..id COlli, chatgM .nd ..pan..I, each .nd .very, """11 be l~....dial.ly d". .nd paYlblej whel"'r or nol lhe,. be nolic. de-
m.nd, a!t.mpl 10 collect Of' wit pandillQj end 1M fvll amount of each .nd e'VW'f luch paymenl .hall bea' Inl.,.1I f,om the dal. lhereol unlll pllld .1 lhe
'al. of nine par c.nlvm p'" .nnum; .nd all .ald COlli, c"argal .nd '"plftill incvrrad Of' paid, tog'lher with Ivch Inl.'.II, .hall be Ie<:U,ad by the lien of Ihll
m<<1Vag.. . -
6. ThaI (.) In lhe .v.nl of .ny breech of thll Mc.rtg~. 0' default on the parI of lhe MORTGAGOR, or [D) In the .v.nl any 0/ .aid """'" of money
h...I" r.eerred 10 be nol p<omplly .nd fvlly paid wil"in Ihlrty' (30) d.yo '''"l .ft., the lima ..v...lly become du. Ind p.y.bl.. ....i'haul demlncl or noli;:.,
or (e) :n the .venl ekh and .v.ry the 1l1pulaliont, agr.-nll, cond'llon. .nd covenanll oi .ald p<omi..o,y nole .nd I"il mo<lg.g. .ny or .ilher .:. nol
:fuly, promptly .nd fully parform~, dilchargad, executed, .ffKted, C1)I'I'IpI.Ie<l, cOM!>lied wilh .nd .t.ided ""y, lhen in eilher or a"y .ve" .venl lhe lIid .Il"
grejilll. lum manlioned in ..id piomiuOf'( nol. I....n rltmlining vnpald, with 1,,'.r..1 accrV1td, aQQ .11 money' lecur.d hereby, .hlll ~om.. du. Ind p.y'
abl. forlhwilh, Of' I"-r.after, .1 Ihe optic.~ 0: uid MORTGAGEE, al h.;lIy .nd completely a. If III of Ih. uid wm. of money ware origin.lly Ilip"l..ed
10 be pa,d on Ivch d.y, anylhi"ll In ..Id p,omi..ory note or i~ Ihll Mortg~e 10 lhe conl..ry nolwil""Ilnding; .nd Ihe,eupon or Ihoreahe, .t th. oplio" of
..id MORTGAGEE. ",ilhovl nOI". or demand. luil .1 Ilw or In eq\lity. lher.for. or Ih1t,..lte, begun, 'T1IY be prolecul.d II if .11 money. ",cv,ed he..by
h.ad mature-d prior to it. institution.
], Th.I in Ih. evenl Ihal .1 the ~inning of or ., .ny lim. p.ndi"ll Iny .uil vpon Ihi. Mortgage, or 10 foreclo.. iI, or t., ,efo,m it, 0' 10 enforce
paymenl of .ny claim. hereunder, ..id MORTGAGEE "".11 .pply 10 ,he Court "a.i"ll jvri.diction lhereof for I~ .ppoinlmenl of . Receiver, .ueh Cour' .hall
forrhwith eppoirat a receiver of ..id mort;lgf'd property .11 and 'Ingullr, including all end lingul.r t~ income. profit.. iuvf" .nd re....enues from Wh.31~"..('r
.ouree deri.ed, each .nd ev.ry of ",hie", il being upre..ly und.'"0od, i. hereby mO,Ig.lled II if lpecific.lly HI fort" Ind d..cribed in Ih. gr.nling and
h<!~ndu(., c1aules he-reof. and luch RK.iver .h.1I h.ve .11 the brOld .nd .ffKllve functions and powetl in tnywi,e entru,ted by . Court to . Recri....er, ,end
.uch .ppoinlmenl Ihlll b<O mad. by .vc" Court at In Idmittod .qvily .nd . matt., of .b.olul' r1g"l 10 lIid MORTGAGEE, Ind wilhovl ,ef.rence 10 In.
.d"qulcy or i"adotquacy of I"e vol". of I"e p'Dp1t,ly mor'glgea 0' 10 lhe .o:-..ncy Of' in.olvency of ..id MORTGAGOR or Ih. defend.nll, .nd Ih., ."ch
,ent.. p.ofi", income, illv., and' ,ev.nve. .h.1I t.. .pplied by IIId\ Rec.lv., .ccording 10 lhe lien ~ equily of u,d MORTGAGEE Ind Ihe p..elice of iv,h
Courl.
8. To duly, piomplly Ind fully parform, discharg., uecvla, .ff.ct, compl.t., comply wilh .nd .blde by e.c" .nd .very lhe Ilipulllion., agreemenl.,
condilions and covenanl. in uid p<oml..ory not. .nd Ihil mor.gagt ..I forI",
9. T""I In I". ~"I lhe ~nenhlp 01 the mortg.ged pr.""..', or .ny pltl I....r eo f, be<:o'T1el ve"ed in . poroon olhe, Ihln the MORTGAGOR, the
MORTGAGEE, ill .vcceuoll .",,1 .uig~,I, mlY, wilhoul no1ice 10 the MORTG.A!:)R, de.1 wilh . vel'. IvCCe..or or .ucceUor in inlare.I ",irh ,eferen,e 10 thi.
morlg.ge Ind Ih. debl h1tr.by H<:ured in lhe sa",.. manner .. with Morlg~or w;thO\lt in .ny "'Ii vililting ?r d,lC~, -,ging I". Morlgogo'" li.bil;ty here-
unde, or vpon In. d.bl hereby IeCV.,.,,< No ..I. of the p,.ml... hereby morlg~ed end no fo,bearl"c~ on lhe p"" of I.... MORTGAGEE or i" .uce.uorl
or ...ignl .nd no .lllttnlio.-. of the lim. for the paymanl of I". debt her.by locurad given bv Ihe MORTGAGEE or it, luCC...orl or Inign., .hlll oper..e
10 r.I...., dilchorge, modify chang. 0' effect the original IIlbillty of the MORTGAGOR herein, eilher in ",hol. Of' In part.
10. " II lpecifkllly og,eed Ihll Ii"", II of the ....nce of Ihll CDnl..ct .nd Ihll no weiv of any obligllion h....
cu,ed hereby .ha:1 .1 any lim. I"er..ft., :... held'lo be a wliver of Ih. I"rml herlOf or of lhe i,,1I umanl ""cured h.rby.
'" W"N'" WN"'"" ... .." MC"GAGO, .., ".u".. ,. h;,"'" ~'" ."::-~ ;;;::~ :::'~..."
: Signed, Se.led a~ crliv.,ed In Ih. pr"enc. of! ~ _ ~(j VV V vv- f..
unrrv ~8ilpf, Tn~1v1
Gu~rdial"l nf' t"'A fo'c-t.,tp.
npneva ~Rilpy. AS Tncn~nptpnt
, or of I". obllgotion .e.
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COUNTY o~ SATNT LnCIE
!.3efoY'e ml!> per~onally Anpeered Harrv- '9Alley, tn me well
Known and known ~o me to be t~e ind1vt~ual descrihe~ 1n Ann whn
Executed the fora~oln~ instrument and he acknowlen~~n hRrO~e me
that he executed the l!lBme AI!! An inn! vidual, for the nm'nOSf>S
therein eXPl'essed. Anr'l the aatd HArry r:,ailey, as ~'lpr~ien of t-,he
FstAto of Ruth ~eneva Rail~y, 8n incomnptent, Acknnwlp~pp~ ~A-
fore me that he executed the eaid mortv.ape as sucr Gunrn1A~ for
the purposes t~erein exnressed.
,Wi tne a s my h8i'ld
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official seal thia/7 dr.y of ~arcr,
and
(~~1/ ~ ~dL--
Notary Public, StAte of ~l~ri~e
at Ler~e.
....
My Commiesion exnlres:
leur, Pul-Ac, Stile of rJori& at L.rve
My Commi.~~, [;:;>:res :h" 4, 1961
~ ., -- fn " ,;-, c..
'93452
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