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Afl~ S~11~~ rPlJorm. ~•am~~Iy U~/~/1 Ql1f~ (I~II~P ~ly ~l'~ p~ll~ PI'NrY t~plhP PS~QIP,~PIPby C~IPQ~~. l~Q~~,CPQSB. de
co~•cn~nls Ihenw~. anc~ o~ t~~is morf{~aclP. IhNn I~~is murfpa{~p a
IP/f11111P All~ ~)P IIIIII QII(I 1'OI(~. ~
T1n~ 1~~~ murtgn~o~ ~i~mhy (urlher c'oi~~nants anc~ agrei•s fo paY promptly u~hen due Ihe principal and ~
~n~P~rs~ m~~ o1~u,r sums o~ mon~y prot~i~cKl Jo~ in sai~ nole and Ihis mort~a{~e, or either, to pay a~~ and ~
sin~u~ar th~ lax~s. nssPSSmanls. ~~ni~s. ~ial~ilities. o6~inations. artd encum~~mnces o~ PVP?y /IAIUfIi VIi SOi~ pt0-
perty; to prrmil. c•ommit ur s~~jjer ~w toaslp, im~wirme~il or ~eleriorafion o~ sai~ ~ancr or Itie improvempnts
th~rncn ~I any tim~: to Ir~•~p 11~~ hui~din~ts now or I~~majl~r on said ~ond (ully insured in a sum o( not ~ess
~han ~
in a comp~ny or i-c?mpani~s acc~pta~~~e lo t~e morf~a~~e. the po~iry o~ pu~icies fo 6e held by, and paya6le }
to, sai~ morlyngp~•. ane~ in ~hP P~~P~1~ ~r~y sum oJ mon~y E~ecomes pnya6~e ~y oirtue o~ such insu~ance I~e
mortgag~e c~~a~~ ~inrP f~~~ ri~~{~1 io ~PCPII~P anc~ app~y ~hp same to the indebtedness I~ereby secured, accounfing
to t~~P mort~n~or ~or nny surp~u~: to ~y a~~ cosls, c~~ar,ryes, a?id expenses, inc~uaing ~awyer~s ~pes an~ lif~
sParc~~~s, rPasona~ily incurre~~ or pai~~ ~>y I~~P morf~a~~e hPC'ausP o( f{~e Iailure o~ fhe morfgagor fo prompl~y
antr ~u~~y comp~y uTii~~ t~~e ac~r~~m~•nls. elipul~tions. con~ilions anc~ carenanis o~ sai~ note an~ fhis morigage.
or eif~~er: fo p~rjorm, romply witl~ an~1 a~~cle by earh a?td e~•prY ~<<p. a9reements, stipu~afions, condifions an~
coi•rnanls sel jort~~ in saic~ note ancr lhis nio~tgage or eithe~. ln IhP FPPIII ~~P morlgagor ~ai~s to pay when
due any lax. ~ssecsm~~nf, insurance premium or ot{~er sum oj money paya6le by ~•irtue o~ saicr nofe an~ this
otorlgnge, or eif~~er, f~~~ morft~~c)~e ma~ paY ~F~~ sQ^~~• tuif{~otd u~aining or a((ec'tin~ l~~e option fo (o?ec~ose
or any ollier rigl~t ~ernun~~~r, a~icl a1~ su~•h ~ymenls shall 6ear interpst from ~utP t{~ereo1 Ai ihe h~~hpst lau~-
(u~ raie i~~en a~~uwe~~ ~~y f~u+ ~a~e+s o~ t~~e Stnte o( j'~orir~a.
~~ry sun~ mo?~c=Y I~erein rr(enPC~ lo he not proniplly paic~ wilhin days'next a(fer
I Ihe siun~ 6P~-om~~s ~u~. or if eacii and ~~•ery ihe a~reemvnls. stipu~alions. c-onclitions and conenants oj saicr
nole artd this mortc~a~1~. or rilh~r. are not ~uUy perlorme~. compliec~ u~itF~ and a6iclec~ 6y. il~en Ihe enlire
sum meniionec~ in saicr nofe, anr~ 1{~is mortgage. or t~p entire ba~ance unpni~ ftiereon. sha~I forihwith or
t?~ereafler, al t1~~ opfior~ o~ t6e mortgngee. hpc'ome ancl 6e dup and Paya6l~, anyihing in said note or herein
lo Ihe confmry nol~oif~iclonc~ing. ~=ai~ar~ ~~y Itie morfpagee to ~xercise any of f~e rig~fs o~ oplions ~~erein
pro~~ic~~ sha~~ nol consfilule u trniver oj ~ny riry~ts or oplions ~u~~er sai~~ nole or f{~is morfqage accruP~~ or
tl~erna jl~r accn~in~1.
~n ~itness ~~L~O`~ ~~IP SQI~ morl~~,yor ~I[IS I~erPUnlo si~~nPtl Q?!~ s~ale~I tF~PSe p?esenfs thP
• ~ay ant~ y~ar jirsf a~~o~~e iorillen.
~igr'~ SPA~P~ anc~ ~e~i~~~r~t~ in I~ie pres~ncP o~:
_.l.w~~,~~:.-_...~.:~~c~~~,~_ -
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, Norma S. ayne
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~ Norma S. Payrt~e; a torneq in fact
; for Haward Pa~?ne-- -
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~ STATE OF FLORIDA,
~ COLI\'"I'Y ~~F ST. LUCIE ~
I HEREBY CERTIFY that on this day~ beforc ~r.e. aa
officer duly authorized in the Stat~ atoresaid and in the County aforrsaid to tat~ acknowledgmentt, prrson~lly apptared
NORMA S. PAYNE and NORMA' S. PAYNE, as attorneq in fact for ROWARD PAYNE
to m~• known to b~ the prrson described in and who ex~cuted the Eorcroinq instrument and Stl@ acknowkdged
beforc me ~hdc she ~x~cuted the same.
-.:~HiI'INSS$: Ab~y hand and o(ficial scal in thc County and Statc last aforesaid this 6th day of
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~~~',"•.~:~A. D. 19 74
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~ ' Notary Public
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~,3 - 1• v _ . 1voi. ry ruont~ State ~f F~Gi~ua ei w~~c.
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~ , My Commissicn Ezpires Sept. 1~ 1977.
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lris /nslnnnr•~lI pn fum hy: i~~~~a.~
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