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nnd sl~a~l p~~rform, i~umply u~ilh ant~ nbide by ea~•h an~ e~~ery f{~e agreemenfs, slipulations, condllions and ;
COI'P/IAIIIS thereo~, and of tl~is morf{~aSiP. ~~p~~ ~~~s marlqapr and !hp estate hpre6y crPate~, sha~1 ceasn, ~e- _
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~n~ t~~r morl~a~~ur ~~en•hy Itulher cu~~ennnis ant~ agrees !o pay promptly u~hen c~ue fhe prirte•ipa~ and •
infernsl an~~ ol~ipr sums oJ money pro~~ic~ecr ~or in saic~ nofe and fhis mo?lgage, or pifher: fo pay a~~ ant~
sin~ular ~he IA.CPS, ass~ssm~nts, I~vi~s. lia6ilifies, obliflalions, and encurn6ronces oj euery ~ature on said pro- :
perty: to pe?miL rnmmif or su~(er no u~asl~, impairmenf or c~elerioralion of said land or Il~e improvementi ~
Itiprrc•n nl ~uy fim~: to ~re~ep f~~P hui~elin~~s nou~ or {i~rna~trr on s~i~ ~ancr Ju~~y insure~ in a sum oJ nof ~ess ~
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in a i•ompany or i•ompani~~s acc~y>ta~~~e l0 1~~~ mo?lga~~p. 1~~e po~icy or po~icies fo tie hpid by. and paya6le ~
!o, sai~I mort4~agP~, an~ in f~~p ~~upnl any sum o~ n~o~iey hecomes paya6le hy virh~e o( such insurancw fhe ~
mort~ag~~ sf~all hai~e IhP ri{~ht fo r~c•vii~~ a~~c~ app~y f~~e same to !he Indebtedness here6y secured, accounting
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!O ~tiP ntorfgn~or ~O~ Qlly SI/I~~i1S; ~O ~Qy 4~~ COS~S, C~1Q~CS UR~ PXPPflSPS, including ~QU~yP~~S lPPS Qf1~ tl~~P ~
searc{~~s. ?~asonal~~y incurrec~ or ~~~~d 6y ~hP mortga~~e tiec'ausP oJ f~e ~ai~ure o~ Itie morlpa~or !o prompl~y
an~ ~u~~y c-omp~y wilh ftih aflre~ments, stipu~alions, coreclilions an~ covenanfs o~ saicr nole and this mortgage,
o~ ~ill~er: fo perform, ramp~y u~ifh an<I a6ide 6y eac1~ and every Ihe agreements, slip~lations, contlilions anc~
coi•~nanls set ~orl{~ in saicj nofe anc~ this mortgaQe or eif{~er. ~n ihe c~vent Ihe mortgagor ~ai~s to pay wf~en
due any ta.r, nssessm~nf, insurnnce premium or ol~er sum of mm~ey pnya6lp by virfue o~ saic~ note anc~ ttiis
morfgnge, or eif~~er, I~~e morlgngep may pay Ihe same, u~ifhout wniaing or af
Jecting !he option to jorec~ose
or AI1V OI~P~ ri~t11I ~P~PIIII~P~, A~l(1 all such paymenls~shall 6ear intprest Jrom date Il~ereo( at the hi9hPSt lau~-
~u~ mfP t~~~n a~~oive~~ 1~~e ~au~s oj f{ie $fafe o~ r~ori~a. ~
DL any sum o~ mon~v rein re(err~~ fo E~e nof prompi~y paic~ wi!{~in ThiYty (30) ~Qys next af ter
thP somP b~com~s du~, or ij eacli and ei~ery the af~rpempnts, stipulations. conclifions and co~~enanls o~ said
note nnd Ihis morl~~a~~~. or ~i1{~er, are no! jully per{or?ned. complied u~ilF~ ancl a6idpd 6y, 11?en !?~e entire
sum menlione~ i~i saic~ nol~, anc~ this morf~age, or fhe entire ha~ance unpai~ f{~ereon, s{~a~~ ~orfRu~if~ or
l~ereaJfer, af t{~e opfion of IE~e morlq~gee, becom~ anc~ ~e ~ue an~ paya6~e, anything in sait~ nofe or herein
to t~ie confrary notwill~sfnn~Iing. Failur~ ~~y fhe morfgagep lo pxercise any o~ t{~e rights or opftons I~ereirt
proi~iclecl sha~~ nof consfihd~ a u~ai~~Pr o~ nny righis or options unc~er saic~ notP or fhis morfgage acrrue~~ or
therna(I~r ac~•ruin~.
~n ~itness ~hereof~ ~~IP SQI(I morfgagor ~I(IS ~IP~PUI1~0 SIl~I1P~ an~I s~nlecl fl~ese presenfs ~~P
c~aV an~~ }~ar jirsl af~ot~e u~rillen.
$igne~. s~ale~ an~ ~~~~irer r 1'fir pr~se~nce o~:
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~ STATE OF FL(IRIDA, ~
~ Cc~C~TY OF ST. LUCIE
e? I HEREBY CERTIFY that on this day, before me, an
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officer duh• authuriied in the Stat~ a(oresaid and in the Counq• a(oresaid to tak~ acknowled~ments, personaily apptared
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~ LOIS BAI•I~Y ;
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to m~• known to tx the person g described in and who ezecut~d th~ tor~¢oinq mstrument and WtlO acknowledged
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befor~ mc that S~ ~xccuted the same. ~
~ 1~ 17':~ESS m~ hand and o(ficia) stal in th~ (:ounty and Stat~• last aforesaid this 9th day o(
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_t April A. D. 19 74 •
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!:;lTi itY Pil3?_3:'. c..- f~~~ri:~a at l ar^,_
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KE~ORDEO . _ . ~ . , c.~~,r,,,:..-, y
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