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To p1~n and ca?tinuowly k~? on th~ buildinp~ now a I+KNhK ~itwt~ on ~aid tand ~nd on dl puipnwnt and pa~on~ly cov~nd by thb n~aq~
p~, with ~11 pnnwweA tMr~on paid in full. fu~ inswsna in tly vswl s~s~d~rd poiicy forn~, ~n ~ swn approwd by tl+e MORiGAGEE. and wirwl~taen
t~swano~ in tM uiwi u~r?da.d poGc~r fonn. tn ~ swn app.ov~d by ~M MWtTGAGEE: ie wch caep~ny a compania a th~ NIOItTGAGEE ~y
dinctt and ~II fr~ a~d wind~~wn? inswana policie~ on any of aid buiW~np~, ~ny tet~?~ tharein w psrt tMrwi, in rlN pprp~t~ wrn ~for~s+id a
In ucpu IhKwf, ~hall eontain th~ wwl standard mortya~ etaus~ or sueh otlw~ elw~ a~ tM MwtQapN en~y rpu:.-~, makinp tM ioas uoda ~aid pol{.
cia„ ~ad? and ~wry. WYabl~ b~aid MORTGAGFE a1 i1s L?terest maY +PPN?. and sach u~d ~v~ry wd~ policy ~MII b~ p~anptlp qs:~~ed ~nd delirKN! to
~ny held by s+id MORiGAGEE u furrAw Kw.iry W wid mortpap~ d~W. ~ed. ew1 bss thrn t~n days in ~dvance ol tl+~ ~xpintion of ead~ PolicY. ro da
tivK to aaid N10RIGAGff a r~new+l tMrwf, top~th~r with • r~pi t for tM ~
top P pnmium of wch ~~e~walj ~nd tMn ah~ll b~ ~o fin or w'u?dstam intwant~
piaad on any of wid buildiegs. ~ny int~r~st tMr~in or pKt tAenof. unlsss in th~ fwm'w+d with th~ loss psy~bt~ u ~/orts~ids u~d in tiN ewnt ~y svm
of nwn~y beconwa payabi~ uexiK weh poliey p pol;d~s ~aid MpRTGAGFE ~hall hsw r!~ opGon ro neeiw sr~d ~pply tM saen~ on aeeoun~ 01 ~M M~d~bted-
nNS Mcw~d hM~by or b p~rmit qid MORTGAGORS W reo~iw and vM it ot any put ther~oi fa orhe~ p~rposes, w;thout tha.eb/ waivi~g w impair.
irq anY p~i~y. li~n ol~ ~ipht w+d~~ a by vGtw of tAa moctpapr, u~d in tM tve~t Nid MORTGAGORS sMll fo~ ~ny ~eawn fail to ks~p tM uid prNr?is~s so ~
tnsund, or fail b d~livN pompUy any of said polici~s of imwsnc~ to said MORTGAGEE, a fsil promptlr fo p~Y fully ~~y premium the«fa a fn any
r~sp~ct f~il b pwfom~, d'nd~a.p~. ~xeM~ ~ft~ct. canpl~t~. comply with and ~hwl~ by this covMrnt. o~ any part F?srwf, s~id MORTGAGEE m~y pl~ ar?d
Wr ~ wd~ Gauranc~ or ~r p~rt tM~eof without waNLg or ~ff~akg uW opt+oq, 11~, squib, w riyht wdN w by virtw of thi~ Matpap~. ~nd ths
fvll s~nount of ~ach ~nd ~wry wch payen~nt sMlt b~ imm~diaNly dw aod p~rabM ~nd shall baa~ intKe~t hom tFw d~t~ therwf until paid M th~ raN of
nir~ p~r~tum pa ~nnum and toy~the~ with wcf? interut shill b~ s~cund by th~ lien ot thts narpapt.
4. To pKenit, aomn~it or wffN no wast~, ~enp~ment w de~ioration of wW p?opMty a any psh tM~wf.
S. To pay sti snd sinput~r Nr.oost~;, charpy and exp~.?w~, includirp a rsason~bt~ ~ttorn~y's fN snd aosts of assn~cfs of titl~. incwred o~ paid at
a~y tin~ by said MORiGAGEE, baaus~ w in 1M ~wnt of tl+~ fulun on tM put of tM uid INORTGAGOR w dry, prompty Md fuly p~.forrn, d;scha~
sxecut~, ~ff~ct. oompl~~~, compfy wirh and ~bid~ b~r ~ad+ .nd rrery fM sripul.rioro, .pn.msnn„ conditiom,, and cawn~nn oi said p?amis•ar na~ •nd ~his
+nw~p+p~ +nY a ~itM?, and s~~d ooaM, cA~~ and e:paws. ssch and ~v~ry, sh~4 M Mnn~diably dw ~nd pay~bbt wheMer a not t1+K~ b~ notici d~
m+nd. attNnpt b oolkct a wit pN~dnp; and tM full ~rno~nt of ~ach u~d e~wy wch paymMt sh~ll b~ar intenit from d» dat~ th~~~of vnril paid at tM
rate of ein~ per centurn ptr anrwrn; and all ~s+d odst~„ c}wpes and ~Ypensea inaxr~d or psid, 1o~lhtr with wth ioqrNl. ~MII bt s~cwed by tM li~n of tliu
0. 11wt ~~J io tM ~wnt of ~ny bre+ch of this Mort9~ or default o~ Nw put of th~ MORTGAGOR, w(b) h tM went ~ny of ~+id wms oi money
hKetn roh?rd ro b~ ~ot pron+ptty and fully psid within thirty (30) days Mat ~fter th~ :am~ sevtra~ly become du ~nd p~y~bt~, withow d~m+nd a naice,
or (v in tM ~wM ~ad~ and ~w.y rM stipvtariaw +~san~ms. oond~~aes and oownaan of s+~d promisw.y na~ ~nd th~s e~wr~p~p~ any w either m no1
iuly. promptly a+d fu11y pKfonned, d~rped, execvted, ~ffected, completad, comp6ed with and ab+ded by. theo in eitMr w any such ~wnt ths said a~
p,a~t~ swn m~miorwd in said promissory note then rem~inie?p unP+id, with intaest ~caued, and all moeays secvr~d hereby. sh~ll becom~ dw ~nd Wr
able ~OIfMVIfIy q tIN~NRM, ~t th~ oprion of said MpRTGAGEE, ss fuly and compl~tey p H ~II of ths ssid wms of mw~ey wer~ oripinally ~tiput~ted
ro be paid on svch day, arrythirg in said pcpn;uery not~ or in tlds Morlpay~ to tAe conrrary naw~fhstand:,g: ~nd thaeupon or thenaha ~t tM optia~ of
uid MORTGAGEE. withovt ~wt;c~ or demand, wil at la~r w in puity, lhereforo a 1Mrsafut b~ywy m~y be pros~cvted as if all mo~y~ secvrd l~eby
had mahNtd pr~or lo ib i~qlitVtion.
7. TMt in fM weat that ~t the beyFnning of or ~t aey ttme pend'rg aay wit vpon fF~is Mortyaye, o~ to foreclo~ it, w to nfonn it, a to ~nforp ~
,:-y~ent ef rr~y ctab~!s he.~w+d~r, ssid MORTGAGEE shall apply to the CwA Mviny jurisdiaion ther~of for tlw appo~ntman of a Rsceiver. wd~ Couit sMll i
fatFiwhh. appoint a receiver of said mortyayed prpp~rty all and sinyvta?. includ~rg all a~d singular tM ineoov profib. iswes and revenues fian whatewr t
wura daived. ~ach ~nd every of wh~clw. it beinq ~xpreuly w+ders~ood, is hereby mortgaged a if sp~ciiically set fonh ~nd dewibed in ~M ~rami ind +
habarwlwn cbusa hsreof. and wch Receiver sMll h~ve all the broad and e(iectlw iw~ctwns and pawers in anywis~ ermvated by ~ Co~rt fo a ReceivK ~nd f
such appointmen~ thall be msde by sexA Cow1 as ~t+ sdmitted eq~rify and ~ m~tta of ~bsolute right to said MpRTGAGEE, and w;thout refere~ce ro tM ~
adequ~cy or in~eleqwcy of tM v~lu~ oi 0~e praperty mert9~ged or to the aavency a insolvency of s~id MORTGAGOR a tM defendants, and that such
r~~. profib, incane, iswes 'and rw~rwes sh~ll b~ applied by such Receiver accordiny to rM Hen or sqviry of ~aid AApRTGAGfE and the pact~u oi sucA
8. To dv t snd fvl ~ t-.
h?. P~+P h h P~orm. d'acha?ge. execvte. effect, compk~e, oomply with and ~bid~ by ~ach and sv~ tM stip~rlatioro. sp.eemenn,
conditiorn ~rd ooveoa~ts in said promwswy nota and ~Fw mwtgsge aet forth. . •
9. Th~t in th~ evsnt the owne+ship of ths mortgpd prem~sa. or ~rry p~rt tl~eof, becomei vested Li ~~pRnon otM? tMn ths MORTGAGOR. th~
MORTGAGEE, hs successws ~nd sssipns, rrwy, wi~hout eotice to the MORTGAOR, deal with such succeuor or. s~ccessb, in`interest with reference to this
mw~yay~ and tlie debt hereby secured in th~ same manner ~s with Matg~gex withour in ~ny way vitiatirp a discharpirg tM ~ A~4ort~pon• tiabitiry hen-
u^dc+ a ~+pon the deM hereby secvrcd. No s+le of the premises hueby Rwrty~yed ~nd ne fwbear~~p on the p~?t oi tM MORTGAGEE or its sucoesson
w augro and no extension of the tin,e for the payment of the aebt F~sreby secured yiven by tlk NWRTGAGEE or in sucoessow w ass;yns, shall oper~t~
ro relsas~, d~stMrye, modify chsng~ w~ffecr ths or'qirwl liability of the MORTGAGOR herein, ~ither in whole or in p~rt-
10. It b:pec~ficapy ag.eed rMt timt is o! tM esknce of tl?;s conrracc ~nd tla~ no w~iwr of any obli9atan herew~der « of tM oblipatio~ sa- i
cured h~reby aMll at a~y time thereaita b~ held to b~ ~ wsiver of the ternu h~rsof or of th~ i~ntrument secwed herby.
11. In addiYan to the forego:~g monthlY p~ymenq of princ:p~) and interest ~puired by the prarri~uory no~e secwed hereby. mortgagor cowesnts
a~d ay~eas to pay ro mortqagee with exh monthlY paYment an add~rional sum esumated by mortp~ee ro be eqwl b 1/12 of the aonwl coat of the follow-
ir,g:
A-All real property qxes (evied or assessed agsins~ the above dexribed resl estate.
b-Premiums on f'we ud windstorm insurance u herein requ~red to be nnied on the improven~aus sitwte o~ the a6ove desoribed premises,
C-Pnmivms on s4ch monp~ge 8wranty inw~ance as rnongagee sh~N from ttme to time deem fit to urry on the loan secured hcrepy.
Mafga9ee shall ham time ro rime notify nw.tgagor ;n writ~np of the anwuro due and' parable he?eu~der ~nd wch wm shalt thereupon be dw and
payable on tl+e due date of the next monthtY paYment and ~xh successiw month thereaher vr,til mortg~e~ shslt notify mortgagor uf • charge in wch
amov~t. Such s~xrq ahall be appleed by mortgapee tow~~d the payment of resl prop~ny t~xes i~svrnrnxe prem:ums, and mort9aye ~wranty irwuana~
xe
premium~.
IN WITNESS WHEREOF, the said MORTGAGOR h~s herevnto set his hsnd and ssal tF~e day and uq siwasaid. ~
~d ~ h~ ofe ~ ,
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STATE OF FLORIDA ~
St. Luci e '
cou~vnr oF
erro.. P...o~.ny .pp~a..d _ Codv L. Rai ley • • ~
Carolyr~ A. Bailey ~ w~~ ro ~ ~~i ~ ~ ~ ~ ~ ~
the indiridwb dnuibd in ~+d who ~xecured tlw fo.poirg insrn~eNm, ~nd acluwwledpsd befw~ me that tMy ex~a?ted the ssme for tM purpw~~
?r,~?.a~ .~..~,.a. n~a Carolyn A. Bailey
~ e~i~rn~tion by me tiken dt19 L. Aa i 1 ey vPon • sepaat~ ~nd priv~~
~eparab ud apart f~am her said adcnowlcdp~d b~rd befor~ n» th+t ahe exeout~d s~id iiutrvrMnt fMly and volue~
tsrily and w'dhwif aiqr cpnpvlsion, cpns?raint, spprol?srsipe,~~w pf pr from Mr said h~y~n~, ~
wnH~ss m,, r~.~,a .~a ...i 7- ~d,,, ~ A ril G6
A. D. 19 t
~
Notsry Poblic in M+d fw tM St~t~ of fbrida ~t t~ry~
RMwn ~a. MY Conrniuion txpires:
first F~dtral SwL+ps Losn /luociation ' ' ~;c. c'-Ttp ~f HOf1di ~1 ~[~E
°f P~.. Eco oEo
w~ vK.~. Fb.~ F{LE AN QOOK ~ try~
s:~x+ Expu~
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'66 APR 1 I PM 3 ~ ~ . j~' ~ . ~
1443'7'7' ~ ~ Q f, _
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LERK ~ " ~
ROGEf2 POITRAS. C z.-, ~~W ~ t,e:
ST. LUCIE COUNTY. ~ : ,
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' FLORIDA a _ ' . - {
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