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and shall periorns. comply with and abt~~a by .+ae1t and every the agrermer,.s, stitscstatioru, conditions and
covenants Ihere>of, and of this mortgage, then this mo-tgagv and the astute hereby created, shall cegae, de-
M>rmine and 6e WWII and void.
1iin~ tlrv mort{~agor herr~by further covenants and agrees to pay promptly tvlten due thQ principal and
interest and nlher sums of money provided for in said note acid Ihts mortgage, or either; to pay all and
singular the lases, assessments, levies, liabilities, obligations, and encumbrances of every nature on sdtd pro-
perly; to permit, commit or suffer no waste, impairment or deterioration of said land or the improvements
f'u•rvun at nny time; to beep the buildings note or hereafter on said land fuay insured in n sum of not less
than ~
in a company or companies acceptabiv fo the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall I,nve the right fo receive and apply the same to the indebtedness hereby aectued, accounting
fo fhr mortgagor for any surphu; to pay .ill casts, charges, and expenses, including lawyer's fees and Title
searches, reasonably incurred or paid by the mortgagee because of (lie failure of flip mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any fax, assessment, tnsuraace premium or other sum of money payable by virtue of said note and this '
mortgage, or e>ithrr, the mortgagee mny pay the same, without waiving or of feCHng the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
lul rata then allowed 6y the laws of the State of Florida.
~l nny sum of morte~y herein referred to be not promptly paid within thirty days next after
the same becomes due, or t/ each and every the agree-nents, stfptslattons, conditions and covenants of said
note and this morf~•age. or either, are not fully performed, cromplted with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and be dtse and payable, anything in said note or herein
to the contrary noftvithstanding. Failure by the mortgagee fo exercise any of the rights nr options herein
provided shall not consfitufe a waiver of any rights or options under said note or this mortgage accrued or
therenfter securing.
~n ~ttn~Sy ~~~~~~~ the said mortgagor has hereunto signed and sealed these presents the
day anti year first above written.
`itgned. , algid and delivered in the presence of
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STATE OF FLORIDA,
COUNTY OF St. Lucie )t
I HEREBY CERTIFY that on tt.is day, before ne, an
officer duly authorized in the State aforesaid and in the County a(oreuid to take acknowledArrtenu, personally appeared
Charley A. 6 Delithian Bailey
to me known to tx the persort8 described in and who executed the tortgoinq instrument andthey acknowkdged
before me that they executed the same. 'S-`_''
WITNESS my hand and otiicial seal in the County and State last aforesaic this ~9~~~.u" da of
November A. D. 19 52
r F~F~~ At~D RECO DEO
i9st~~v 29 a~~o: i i
ROGER POITRAS, CI~RK
ST. LUCIE COUNTY, FLORID
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