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To plaa ~nd conrirwously kHp oe th~ buildk+ps now w hKNha ~itwt~ on said Isnd ~nd on all equtpieNOt ~nd paso~lly oovK~d by this nart~
with ~I) pnmiwea thsnon p~id in full. fin insw+nu in th~ ~iwi standard policy 1orm. s ium approvd by th~ MOltTGAGEE. ~nd wirxbtwm
irawae~ in rl~e ~qw) stand~rd polity fonn, in • ium ~pprov~d by ?M MORTGAGEE, in such company or , oompa~ies at tiw MORTGAGEE m+y
dir~ct~ and ~II fin and wu~dstorm inwranc~ policiet oe ~ny o( said buildin~„ any inMryt tl+ersin or put tMreof, in tM pprpa~~ wm ~for~W w
In uceaf tl~oof, ~haH contatn tM vsual tt~ndard mo.tyaQ~e elavst a aueh Wha clius~ a th~ Mortpa~e may ~puin, maklnp tM los~ ve~dN said pol}
ci~s. Nch and ~wry. p~Yibl~ b s~id MORTGACsEE +s in intersst may ~pp~a?. a~d sacA and ~vay s~cl~ policy ~hall M promptty ass:9ned ~nd d~liv~.~d ro
+ny MW by s~W MORTGAGEE ~s funhK sscwity ro s~id mw~~a~ d~b~. ~nd, ow t~ss than ter~ q0) d~yt in adwnc~ of ths expkation of ~ad? policy, ro dr
Ilwr to aald MQRTGAGEE • renew~l tFwrwf, Iop~thK with a receip~ fw fhe prsmi~m of wch renew~lj u?d ~he~~ ah~~l b~ no f'ue w windstwm i~swaoa
p~aad on ~ny of said b~,ildirgs, ao~ interat tMr~in w pu* thsnof, ~eless in tM io~m aed with th~ bu p+ysbl~ u afor~idt +nd in th~ ~w~M ~ny wen
of mwwy b~cw~ p~y~We w~de~ wcA polky or polrc;~ said q{pRTGAGEE sFuU h~w the option ro receiw and +pply ths san~ on aGCOw+t of tM ind~bted~
~+ess s~cw~d ha~by a b permit aid MpRTG/1GpRS fo receiw u~d us~ H p ~ny parl thereof fa other pwposes, without thereb~ waivi~y a impai~-
in~ any pvity. INn or r'ght unda~ or by virtw of this mort~a~j ~nd in tM ~vent ~sid MORTGAGORS shaN fo? any r~awn fail fo kesp tM s~k) prHr?iu~ w
in~w~d or ~ai) 1o deliwr p~ompflY any of ~id pol'Kies of insursnp to said MORTGAGEE, or fail promptly fo pay fvlly ~ny pr~mium therefar a h anr
rsspxt fail b pNlonn, discMu~e. ~xecute, effec~, complete, comply with and ~bid~ by t1w covenanb w any psrt hK~of, s+~d MORTGAGEE nar pt~a ~nd
pay fa wch lmur~nw ot ~ny put thcreof withovt waFvin~ u affecUnQ ~ny option, lien, equit~r, or ~iyht voder or by vi?tw of this Mwt9s~, and tM
full artioue~t of ~ad~ and w~ry such paymKa shall be immediately dw s~nd p~yabk ~nd sF~il bta~ interast from t!w dat~ the~eof umil paid ~t tFw ~at~ of
nine pK antum par ~mum and topether with such interest shati bt secu~ed by tks tien oF tlw mo~rt~pe.
1. To p~rmit, ooernit a wff~r no wssM, in+p+irment w detsriwation of sa;d property or any parf the~eof.
5. To p~y al! and skgvlar t?K cosy, d~sr~es and e:per,ses, irKludirg s rNSOnabie anomey s fes and oosts of ~bstrads of titi~. incuned w paid ~t .
sny tims by s~id MORTGACsEE, b~cause a i~ th~ ewnt of the failun on ths pan of tM said MORTGAGOR ro duly. promptfy u~d fv11Y perform, di~ch~~;
execvt~. ~ffsd. oompkN, wmply with and ab~Je by ~ach ~nd every tha stipulations, agreemeot~. cw~ditions, and oownanq of ssid promiuwy not~ and ~Fw
mwt~ap~ a~y o. ~i~hsr. a~d sa~d coats. chuqq ~nd expenses, each and every. sMll b~ immediatey due ~nd p~ysble; wherher w not rher~ b~ notios ds
mand, att~mpt to coll~ct o~ wit pendinpt ~nd the full amouM of exh and every wch payment shall bea? interest from tAe dats theroof unH! piW af tM
rare of nint ptr centwn pe~ an,wmi and sU said cosu„ thar~es a~?d expenses inewred or p+id. topether witA s~ch imerest. ahall b~ sacured by tM lie~ of Nw
'nortp+p~.
6. ih~f in the ~wnt of ~ny breach of this tAwtgsy~ a default on tM part of the MORTGAGOR, w(b) in the event any of said sums of mo~y
hsroie ..f~n.d ro be nor promprfy u~d fully paid wirhin th;ry (30) days next after tF+s same aereratty become due and pay~bls. without dem~nd a ootip.
or (c~ b th~ ~vent e+ch and ewry the stiputati«u, sgrecrosnq, conditions and covensaq of satd p?omiuay note and th~s ~rwrtps9~ any or eithe? ~n no1
~uly, pomptly and fully performad, d~scF~uQed. executed. effected, completed, complied wirh end abided by, tMn in t~fMr a any such swM tht said ap~
gregat~ sum mentanad in said promissory note then remaini~g vnpaid. with inlerost ~ccrued, and all mor?eys secvred her~bY. shall becwne dw a~d paY
abte fathwith, or thKeafter, st the option of ssid MORTGAGEE, as fu14y and complNely as if all of the said wms of money were wqinaliy stipul~ted
to be paid on wch day, anythir~p in said promiuory rats w In this Mo?tyage to the tonrrary noewithstanding; and therevpon or thereafter ~t tM opiqn of
ieid MORTGAGEE, witF~ou1 notice w dem~r~d, wit at I~w or i~ eq~ity, the~efae or thereaiter begun, may be prosecvted u if all mw~eys ~cured hareby
nad m~nxed p.ar ro in tnstcn,tion.
7. TMt in tt» eva?t that at ~ha begimirg of p at any tFme ~,+ending any wit upoa this Mo.tgag~ or to fweclos~ it, or ta nform if, or to enfwae `s
paymant of ~ny da'w~u hereunder. said NIORTGAGEE shall apply lo the Court haviog ju~isdiction thereof for the appointment of ~ Reteive?. such Court shall ;
Forthwith appoint ~ rooeiver of said mortg~ged property all and sing~tar, inclvdmg atl snd singutar the income, profits. luues ar?d revenves f~om whatever
aowc~ dsrived. each and every of which, it beirg expreuly undcrs~ood, is hereby mwtgaged as if spec~fiwlly set fwth ~nd desvibed in the 9ramirq ~d
heberKluin cla~~es hereof, ~rd such Receiver ihall have sll the broad and effective funct~ons and powers in anywiu entrwted by a Co~rt to a Receiver, ~~d
such appointment shall be mad~ by such Court as an admitted equity and a matler of abaolute right to said MORTGAGEE, and without refere~te ro th~
adrquscy a inadequ~cy of ths valve of tlx property mortgaged or to the solvency a inwlvency of said MORTGAGOR or the defendanri, an:l that wch
r~~. profds, incane, iswes ~nd revenues sball be applied by svch Receivcr accordi~g to the tian a equity of said MORTGAGEf and the practice of wch
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8. To d~ly, promptly ~r~d fvlly perform, dixharge, execute, effect, compkte, comply with and ab~de by each and wery the stipulations, ~greernsay, ;
cor~tans and covenants in sad promissory note and this mortgage ut forth.
9. ihat In tM event ths ownen6ip of tFe mortgayed premises, or any paH thereof, beewnes rested in a pertor? other than the MORTGAGOR, th~
MORTGAGEE, iK successors u~d auigns, may, without notice to the MORTGAOR, deal with such successor or waessor in imerest with reference to this
mort~a~ ~nd the debt hereby setured i~ fhe ssme manner as with Nbrtgagw without in any way vitiatitg or dixharginp the Morty~gon' Ijability here-
. u^d~~ or upon the debt hereby secvred. No sale of the premises hereby mortgaged and no forbearance on the psrt of the MORTGAGEE or its 3~mors
w auigns u~d no exter:sio~ of the time for the payment of the debt hereby secured given by the MORTGAGEf or its successors ot astiym, sha~~ ope~at~
io r~leas~, diuMrye, mod;fy chsrge or ~Hect the orig~na~ .tiabitiry of ~he MORiGAGOR herein, eithn iR wF+ole or in part,
TQ It ts spec;ficaNy agroed that time is of the euerue ot this contiact and thst no wiiver of any obl'gation here~nder or ef tM oblgation sr
cured h~rtby sh~ll at ~~y time thereaher be held to be a waiver of the terms hercof o? of the instrvm~nt secured herby.
1~ In additar~ to the fwego:ng morohFy payme~ts of print pal and interest requ'ued by the promiuory note secvred hereby, mort apr~.-e~o~elants
and ~gree3 ~o. ro mortgsgee with each monthly payrnent ao add~rionat sum estimated by mortgagce to be equs! to 1/12 of t ~ of the folbw-
ir!g: .
A-All real property tsxes kvied w assessed aya~m e desaibed real estate
B-P~emiums on fire and windstorm irnurance as herein requ~red t the improvements situate on the sbove desaibed premises.
C-Premiums on suth mortgage gusranty irtsurar gsgee shal) from time to time t to ca
Matgagee shall from time to ' mort in writi th° losn sec~red hereby.
gago? ng of the amount due and payabk hereuo wm shall tl?eroupon be d~e snd
payable on the d~e da next monthty payment and each successive month thereaftef until mortgagee shall ~oti m a change ~h
amounf. all be applied by morfgagee toward the payment of real propeny tsxes, inwrance prem:ums, and mortgags g~ua nce
IN WITNESS OF, the ssid MORTGAGOR has herevnto set hia hand snd seal the day and year fint afwesaid.
Sea a in of:
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STATE Of fLORIDA ~~~~`C~~±;~ T.~~~/•~.
courmoF St. Lucie } u' ~ ' o'' • ";;;R`~=
a.ro„ p.,,a„iW,~.,rca Henry N. Bailey ,r~:' _
- ~ v~dt
Annfe L s 88~1ey his wife, to me well know~ar~ ~ ~b
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ths ind'ividwb davibsd In and who ~x~cuted the forepoirg instrument, and acknowtedged before me that they executed thr samv~ ~~~jp"~'" ~=1 ~ ~
r?,e.ete ~xpr~saed. /Md th~ s.:d AIIIlie L. Bailey -
w;f. or ~ „w - Henry N. Bailev ~y. ti . '
upo~ , "'s~e:t~.~'9 prii',~t`
ex~min~t;on b~r me taken ~psrst~ and aput from her sa;d Iwsband. ~knowledged to and befwe me tfwt ahe executed said inatrvm~nt-~~Md.v~61w~
ta,~ly and withaA anY co4~Pubiorl. oorutraint ~pprehera+on,~ of w from Fwr said Maband.
wrr~ss ~~a .~a o~;~i ..d r~~~ ~~.3i d ch
A. D. 19_~2
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Nwary Public in and ior ths Stat~ of Florid~ ~t larp~
R~ To: f Il.EO A'N COUNTYO p" Mr commws~on .~~a:
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F~.s~ F~duuaJ Sa~r+~ i~w~+ w.~oft.~C~~r lr~ct;F1~
Of Fwt Pieru_ , ~
P~.a. F~.~ i,~5s~.v
t r. a i~~7YAtiY PIIBUG. iTATE Of RORIDA AT W~E
4 . Z / MY CAMMISSIOf+! EXPIRES NUV. 29~ 1912
~ '~A , L~~~ ~ONDED i11ROUGM rRED rf~EnTEIMORI.
Y
This Instrument Prepared By
First Federa~ Savirgs ~ loan As ~tj~ ~.~1TRHS
~ of Fort Pie~ce i~''- ~OURT
CLG~{K C1RCU~T
Chedced By J. Chastain
~i?6 ~ 5~~3
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