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To plap and continuously k~? on th~ buildie~ps iaw a ~fNNHM N1WM WI Nid ~MMI N~ OI~ ~I~ lqYlp~Mflf N~ pNpfNllr apv~f~ ~ 1N~ 1110ft¢
p~, with ~I) p~miue~ thK~on p~id in full, fih L?iwaoc~ in tFr uawi st~ndwd policy torn~, ~n • sun~ ~pprowd ~y t!N MORTGAGEE. and wirylabrrw
kawana In ~M ~rswf iundard policy tonn, in a wm ~ppowd by tM MORTGAGEE. M~ wch oanpany w c~omp~nia a th~ MORTGIIGEE e+ar
~ aed ali fir~ and w~wan i~uura~u polKiN on ~ny of ad build~np~, ~ny inhnst ri+a~i~ a p+n ~Mrwf, fn M» pq.p~N wn+ ~fora~W a
N~xaea ~M.~of, sl+all contale th~ uswl standard mortya~ d~uw a such otMr dauw a tM Matpap» +nay ?~qv'u~, maklnp tM loa w+du Nid pol}
dw ~ad~ ~rd ~v.ry, wrabl~ a s.id MORiGAGEE a~n in?.resr m~y .pppr. and .acA and .wry sucA po~icy ~MII b. p~ompty a~s:qn.d .nd delivrnd a
~ny I?dd br wid MORtGAGEE p ~wthM s~cwity ro said mat~a~ d~W. ~nd. not I~s~ ~lwn Nn (1W dap tn ~dvaoa oi tM t~ysirstion ol ~ad~ policY. to dr
ttwr ro uid MORTGAGEE a hnewa! thN~of, top~?Mr wirh a rece~p~ for tl+~ p~mium of wd~ r~wali and tMn sh~ll br no fw~ a wi~tarm hawsep
plaad on ~ny of faW buiWinps, :iyr IotKat N»nin a p~t tMrwf, unlas ie tM fonn'ard with tFw bss pay~bl~ ~s ataes+idi ~+d in rM ~wM any wm •
of nan~y becan~a p~yabM ur~ wd~ policy a polici~s said MORTGAGEE ahaU haw ~M oprion a nc~iw and apply tl» s~ on ~coouM o1 th~ ind~b~ed~
n~a s~cw~d Mnby a w p~imit ~aid MORTGAGORS ro?eatw ~nd ~ h or ~ey p~rl thsreof fa orhe~ pwpwes, wirhout the.ab~ w~ivi~p or impaih
U+p +nr ~4~rih. li~n a ripM unda ar by vi.~w of tNs morrq+pq and in ~Iw ~wM t~id MOitTGAGORS shall (a any nason (ai) a kt~p th~ utd pen+issi w
tntw~d. w fail b dNeva P~p+~P~h~ i^N of ~aid pol~et~s of inswsnu b aid MORTGJIGEE. or isil promptly to pay futN +~Y M~miw~ thtr~fa a in aenr
nap~cf /ail b Pwfonn, dischuy~. ex~cw~. ~ff~ct, complet~ comply wtth ~nd ~bW~ b~r thi~ covenw?t, a any part I+uwf, s+id MORTGAGEE m~y plac~ and
Mr fa wd+ urwano. nr w?Y P~rt tMreoi wiMovt walvirq ot aff~ctinp +eY oWion, ~i~n, pvi~Y, a r;pht w+d~r or by virtw of this Mo?t~. and tM
full ~mouM of e~d~ and w~ry wch paymem sh~ll b~ inrn~di~hly dw ~nd pyabl~ ~nd ahill bw intual fran tM d~h tlw~of untG paid N tFw rat~ 01
nim pK aa?twn pp ~~rwm +nd toyetMr with wd~ intNe~t sMll b~ secw~d by tM Ii~n o( ihi~ narlpqi.
4. To Permtf. oommit a wffa no wut~. ia~p+iren~~t a det~rioraYan of ~atd propKtp or any psrt tMr~of.
S. To p~y dt ~nd s8gutu the.oosts, chupa and ~xpsn~ea, inclvdinp a nasawbb ~ttwmy's fe~ snd oosb of abth~cq of titl~, inwn~d o? paid ~t
•e?y tim~ by wid MORTGAGEE, b~ew~s or in tM ~wnt of th~ ~ulun a? tM paN of tM said MOR?GAGOR to duly. prompM? and fvlb P~rform. d~xhuq~
~x~wt~, ~Nect, oompl~t~. oomply with and ab~de by ~ach ~d wery t!~ stq~ulstioea, ~y~aamenh. aorKlFtlora. and aovwwnn of aaid pomis~o~y nor~ +nd thtt
~nortpap~ a~y a~itlw, and s+~d cosn,. d~up~s and esperres, e~ch and ~wry, shall be ~!'wbly dw ~nd p~y~bles vrhethN a nar M~?~ b~ oaioi dr
m~nd, stlamp• to aolltct a wH pMd'a~p~ and th~ full amount of ~ad~ ~nd w~ry wch p~ym~nt sh~ll bw intK~s~ kpn th~ dat~ ti~eaf until paid ~t N~e
rate of rdrn per oer?wm p~r arrwcr~; ar~d a!1 s~id odsn, ciwp~s and expaws incwnd w psid, top~tF~u witl~ wch intKpt. ~Iwll b~ acured by tM li~n of tIw
^wnp+9~,
A. ~t (+J in th~ ~wM of any bnaeh of this Mortyap~ a d~f~~h on the p+rt of t1» MORTGAGOR, a lb) G+ tM want «+y of awl w~m of moe+ry
Mntn nfen~d to b~ no~ proenptty a+d tully paid wirh'a~ rhirty t30) days nex~ afia fh~ sarne sever~ly b~can~ dw u~d pay~bl~ withow d~nu?d a eotice.
w W in tM ~wM each and ~wry th~ stip~latioro. +~a~meMS. oa~ditions w+d oown~nb of sa~d p~anis~wy non ud tlus mafpa~ any a ei~hN an no~
ivly, promptly and fulh perform~d, discFwryed, ~xeouted. effeded, compl~ted compli~d with ~nd abided `iy. Nwn in ei?ha w
plq~N w+n ma+tia~d in tsid pronwsswy note thso r~ini~p unp~idi, with internt ~arued, and all moneys s~cw~d hueby, s~INll b~com~ dw and p~p.
~bl~ forthwith,, o? thenafta. ~t th~ option of said MORiGAGEE, ss f~ly and campk~ely as if all of ths pid swns ef ,na?~y r„en orgin~lty stiputNed
ro b~ paid on wd+ day. anytlurg in ~aid promisso.y oote w In thb MapaQs ro tM comrary nwwiths~s~+dirg; ~ed thar~vpw~ or tFrr~shM at tM optian of
•aid MORTGIIGE~, without notin or damand, wA at I~~v or in p~iiryr ther~fon a tl~eaha bepvn, may b~ pro~scuted as if all moneys s~and lwtby
hsd ma~w.d prar ro in ins~Bvtion.
7. Th~t in tM weet tMt ~t tM beyinning of a st any time pend'++p wY wit upor, ~1,is Monpape, or to fwecloa~ h, w to refonn B, or fo eefora
paym~r?t of any dsans he.cunder. said MORTGAGEE shall ~pply to the Couh haviny jwisd~ction thereo( for the appamment of a Receiwa, wch Coui1 sh~ll
fortliwith appoint ~ roceiver of said morty~yed propeNy a(~ and si~gvlar, inGud~np ~li s~d iinguta~ th~ inoome, profits, iuues and rsvenves fran whst~vsr
,oura d.rived, sach and every of whrcly it beinp ~xpressly w~d.?s~ood, is hereby monyaged ss if spedficsly wt fonh and d~saibed in tlN 9r~n?' and ~
h+b~n dau~st hKeof. snd such Rec~iver shsll have sll the bro+d sed eHactive funct~oro uK! powers in seywise entrwted by ~ Court to • Recs'rv~r ~nd
~PPo~~+~ be made bY such Cou?t a an admitted eqoity i~d a n»tter of sbsolute ripht ro said MORTGAGEE, ~+d without nfer~r~ce ~o tM
+deqi?+h! or in~d~q~r+cY of ths valu~ oi the Pr~i~ mor~y+yed w to the sonrency a inwlvency of ~aid MORtGAGOR a the defer~d++?ts. ~nd that wch
renn, profits inown~. ;ss,~es and ~evemies shatl 6~ apptied by wch Receiver a«ordirg to tM lien or aquiry of ~aid MORTGAGfE and the pr~ctioe of wd~
Court. - • • .
8. To dub. P~~PNY ud fully parfam, dachuye, exeMe. effr_t, oomplete, coeiplY virith aewJ abide by ssd~ and ~wry tlr stipul~Y~o~q„ ap~~emenls.
confitiont +ed covenana in said promisso~y eor~ snd tha mo.ty~e set fwth.
9. That tn th~ went the ownenhip of tM ^wrt9~4~ P?em~s+s. a a~ryr part ti~eof, bemmes vestd In a person other tiwn tl+~ MORTGAGOR, ths
MOR?GI?GEE. i+s succesw.s and ~ssipru, may, wi~ho~n noriq ro rhe MORTGAOR, deal with such wcceas~?• or. suoceuw in ;nterest wi~h refKence to th;s
^~~9+~ +^d t~ ~~~11 +~~d L+ th~ sam~ marv~er a with Mwtysya witlwot in any way vitutlpp~ q disclqrpirg the Mortysgors' li~biliry her~•
unds. a upon the debt hcreby secwed. No ssk of the prrmises hereby mort9~ged and no fabearsnce on ta parf of the MORTGAGEE w in svccesson
o~ assig~a and no e:teosion of the time fw the psymcnt of tM debt hareby secvred piven by th~ MORTGAGEF d its suco~ason or ass;p% ah~l) operat~
ro release, disd~. mo~ifY chanpe or aH~ct rhe wipinal li•biGry of the MORiG/1GOR h~.ein, snha iw wlwk d? in p».
10. It is sp~cificaNy ~yreer! that ti»e h of the essence of this contract ~nd th~t no waiver of ~ny obliy~tion he?eu+der ar of the oblipation s~.
cvred Mreby shall af any tirM thereahst be heW to be ~ w~iver of rM ferms hereof a of the irotrwnent secvred he.by.
11. In addition ro the fo?ego:og nwnthly payments of princ'p~l ~nd interest required by the promiswry not~ setured hereby. mwlga9or ~ovManq
and sprees to.paY to mwtyaq~e with eacfi tnwrthly paYmcnt art ~ddi?ioewl sum estimated by matQiges to bs eq~al to 1/12 of tl+e anrw+l cost of the follow-
ing:
A-All ~eal p?operty tszes kvied a assessed against the above described resl esute.
S-P~aniuns on. f'~n and wN+dstarm inswano~ ~s herein rcqu~red to bs uaied on the improvemenb sitwt~ on the above desa~ed pranises.
C--Premiuna an urch mort9+9e Qu+~aoty ireswance a~ mwtgagse shsll from time ro time deem fit to urry on the bsn secwed hereby.
Morl9agse shall from time to time rwtify mortgagor in writa~p of th~ amo~nt dw ~nd p~y~bk hereund~r and wch sum shall thereupon be d~e and
p+Y+ble o~ Me due d+te of the next moe?thlY {»yment and each wcceuiw month there~her ~nfil mwtqiyee sh~ll notify mortgagor of • clwge i~ such
amovnt. Such sv~ru ~hal1 be applied by mo~tQapee toward the payment of re+l property taxes, inaxance prem:ums, snd mortyspe 9wranry i~wuxe
Pren+iums.
IN WRNESS WHEREOF, N+e aaid MORTGAGOR hss here~rMO iel his hand and sea( the day and fint afor~sid.
d ~rn d~ pres~nor of:
n
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STA7E OF FLORIDJI ~
St, Lucie ~
courvrr of •
e.+a.. ~...,,,.u~, ,~.,,,.a C~odv L, Be iley ~
Carolvn A. Bailey ~w;f~.,~~~ii~~~~~~~
rr~e M~v:a,ub duv~sa in .~a who .x«w.a rh. fa.e~ok~p ~st.~+m.m, .~a ad~r~owledyed bera. m. that ti»~? .x.n,r~a th. .+me fa th. pu.po...
.~.....a, ti?a N» C a ro lyn A. B e i 1 e.y
w~• a N» ..~a _ _ Codv L. Beiley , ,.p,,,~ „~a ~,~a
examin~tion by e+e taksn aepsr+te ud aput fran her sald iwsb+nd, adcnowbdQed to and befw~ m~ that sh~ ex~cuted said irutnxr~ent heely and volun~
ruily ~nd w~thout +rqr aomP~bio~, ao~sh~int, +PPrsF~esion, w~ar d or f~om hsr ~aid M~band.
WtTNESS my Iwd and offiwl s~al tl~ _ c~o~ A. D. 19~
Cy. ..iC~~/
Notary Public in u~d for !h~ Su» of Fbrida ~t Lu~
IMy ~«nmK,io., ncp;.p: ~i -.3 - ~i 9
Retum Ta
wa F.d..,i s.~. a t~ E D A N R E C R D E D Notan PabCx• Stste af Flo~id~ at
a rd.r v~~c~. rN! • • ~p/~~~~
fort Piuu. Florids lr~~~~~~lL~_..~ ~ ~(AiiMfS100 ~P~ 3i'~ •;f~1 '
~7 ~wd~0 M Ew`!'CM+~~1!}~ ~'•i.
A . ~ ,~O %f.
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p~ ~ ; ss ~ ~ Q-~~ =
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144'~~ ~ ':'y, .
R~ST R a:1iTR~S. e~ERK ~ . 'r` , ' ~ t+T.t.,o t';:'. = .
LUCIE C~UNTY, ..~•~,3.
FLORIOA ~ 9
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