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"nd rrm,di,., at la_ or in rqllity, ;>.nd thi. mootaag. may ~ (or.do..,d wllh all lI~hll Ind .emO<!ie. e.ffor\.~d '>y lhe l.lws of
;.'Iorid. ..ld M0r1~3gor th..1I pey 011 cO'U, ch....l(C. "nd exjXfUe1 thereof, inciuding a re...'m.ble allomey's I~.
I ~ If clciauh ~ made in payrr.enl, ...h~n due, o( 'Illy indebl,dne.. sc'ured h.-eb,'. Or in !'trlorm"nre 01 any 01 Mort.
ga.8'oc', obli~3.t:ons. covrn3.nLJ Of a#tr~('mt:ntJ htrtund"r:
(a.) ~forc8:.l.Kr-~ illl a.uthorilM at 8ny tim~. w;thout notire. in its sole diJCr~tion to tnrte upcn and !..akt ~uion of th~
prcmiKI or any p,ut th~r("()r. to pe-rfonn any l'ctJ ~r,')rtg.1g('t tle"mJ n('(('Mary or prope-r to ront("c\'t' the- Iot'curity and to roll~.t
Uld rt'ct'I....e all ftots, issues and profit. th,..rf"()(. :rn::I'Jdin! those pall due u ""tll 3.J thott' ac('ruin~ thcCr:lftt'fJ .nd
(b) ~ .orlpt{ee .hall ~ entitled, IJ .. r.'.ller :>1 IIrirt ri~ht and with"ut r'~ud to the \""Iue or I""up.>ncy o( th. ..u"ity.
to h.1\'t' a rt('f'i",'~r appointrd to rnUr upon And u.k.e potM'uion oi the p:-t'mists, roUtet tL~ rt'r..ts and profits tht'~lrofil .lnd 1pply
tht' Uffit' aJ tht' Court may alrt'ct, Sl'ch rtCC'l...tr to h.l.ve- all tht ril:"hB :lnn }Xlwt'r! }X'nniut'd ur.dtr tht' l~wl of Florid~.
In titht'r such caJ._' :\fortRa.;.;-~ or tht' rrc("i....tr may al10 ta'r.~ pos<<"uion 01. and (or tht'S-f" purpow-s UU:', any and all pt'cson...1
prll~W'rtv cnnt ,inr-d in tht' pr.c-misf"\ and ust"d 1:.., ~..{orl~J.~or in the fenD.. or !t'J.iin't thtft'()( Of 4.:\Y pJrt tht'r('()f. The t')(~W"n~
(in( ludin~ r(,fr-iv~r', (f'"f'i. rounst'l ftf'!, cosll an(~ at;t'nt', compc-nution) inl'Urr,.rl pursua.nt ta the- po""'e-r! }'l-rt'h containt'd dU.ll
~ It't urN.i ht'u'by. ~{ort~].I:t"f' s.hJ.ll (;ther p.l.)"JTltnt of all cvstJ ~nd t')(pt'nK'! incurr('d) apply ,uch rt'nts, lU I .and profit.1 r('t.t ~\"t'd
by it on t~t' indtbttdnc-u ~("urt'd hue-by in luch ordt'r 3.1 ~{(lrrg.l.gt'e dt'ltrmint'J The ri'tht to f"ott'r ~t.nrl t.1ke- pout'uion of J.lid
proJX'rh', to m:tn,\~~ :\n~i opt'r.l.te :ht' S..lmt'. and to coiltct tht rtnt1, j"IIt'\ and profits thtrrof. Wht'lhr-f by a r~'-~t'i\.tr or otflt't _
wi\~, .h,l.lI bt' Clunul.lli\t' to any otnt'r fi~nt or r~mtdy htrr-undtr or afforJt'd bv bw, a.'ld m..l)' be- t')tt'r("i~d concurrt'nt1t tht'rt'.....lth
or indq)("not'nth' tn"rt't)( ~_fort~.J.1iI;t'~ ,hall be li3.blf:" 10 account only for such ft'nU llSUt'J and prf)!i.tl actu.l.lly fr-ct"iw-'rd by ~{t.;rt~a~r-t'
I..,. If th~ inrlrbtf"dnt'u st'cufr-d ht'N'oy il now or ht'rtaftr-r funhr-r st'f"Ult'd by ch"ttt'1 mort~.l~(,,', plrdi;:t'c. contrae"" p(.
~lIar.:J.nh", :\ui~nmt'"ntl of It'".3.'~J. or othtr st'C\uitit's. or if the prt'mi,..., ht'rr-b)" t'ncllmbrrM con,ius ;)f more than ont' pa rct"4 , lr.tO}'f::...._ ..
Ii{~~("t' m.l.Y .ilt iu option :-xh.1ust anyone or mort' of laid J.eruritiN 3nd the st'cu,;ity ht'rt'llndt'r, or such p.l.rrt'ls of thee; 1tcWi..,.' .....~ .,.~"
hrrt'unorr, t'itht'r con("urrrnth. or indt'pt'ndt'nll~', and in Sl.lch ordt"r .u it ma.y dr-te-nninr .. .... \ .:.t'\
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15 '\;0 delay bv Mort~a~~ in exerci,int{ any light or re,nrdy t.~r~under, or ot"erwi~ affordd by law, shall operat. _ "
w.l.ivt'r t!'\t'rro( or p~cllld~ the extrcise- therfflf durj,)~ the continuanct of ar.y dt'fauh hercundrr ":'\V wai\"f'r by MorteagC'e ~ .,aD,
dtf.luh '~'.1.1I constitute a wai\"t'r of Or c{"'n~Jlt to Ju~upnt drr.,.uhs
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16~ Wi.hout affectint{ lh. liahilily o( any I"'non (oth.r th"n any I"'rnn ..~Iea"d punu"nt hereto) (or payment ~I &,Ill' t _ """
inclebl,clne.. ,"cured her~hy. and ....ithout alfectint{ th. priority or ~"'nt of the li.n hereof upon ~r.y property not specific.~ .'
~lra~d pur'uant h~rt'"to, ~fort'l;aj(tr' lOa)" at any tune- .1"J from timt to timt'. without notift' and without P!!!lituion~ to...!!'y
leg,1 ri~ht or privil,~~ of Mortgagee: a '7'>~-"
(a I R.lease any penon li"bl~ lor p"ym.nl o( ..ny ind.btedne.. serurO<! h".by. .~ ~ . ~
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(b) E"~nd th~ time or "gT"e to alter th~ t<rm. o( parm'nt of any of the ind.btednes' J "'J . .:"
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(r \ :\rr~pl o.dditional .ecurity 01 any kind~ :~ '....il; =
(d) R~I~a.e any property ..,curing the ind.btedn.... ':-:J J:::> ~;::::;
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(e-) ConJot'nt to the- crt-ation of any t'a~mtnt on or o\.tr the plerniuoJ or an)" covenantJ rt'Jtricti~-~ Or (5Cll i
the reo/. _ r- .. _
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17. .\oy agreement h.-eaft" made by Mortt{av,or and Mort~agee punuant to tbi. :nort~ao:. .hall ~ s~rj,i t~~ .Mt.
of tht' ho1<i~r or any intt'!"....enin~ lie-n or ~ncumbrance. ~
18. Mortga.~or h".by waive. all right of homestead ~x'mption in lh. property 'Ubjecl to this mort~age. t
19 The ro\'en3nt, and at{r..ment. herein rontain.d shall bmd and lh. ~nefits and advanl'~~s .hall inure to th. re~
tive h~irs, txrcutor.. administraton, '1u('cessors and a.hil:;:"Is of ~he pa...ti~'I he-rtto \"'he-rt"VtT use-d, the linguhr num~r ,hall indudt
Ih. plural. the plural the singular, and the use 01 a'lY g.nder .htll to., applirable to all t{.nd.... All connanll, agr..-ments and
und~rtalino:. .ha!l b., joint and several. In the event additional numbered rown.nu are for conwni.nce inserted in this mort~ag.
lollowinor the I~oral de".ription, such additional covenant. shall ~ r.ad and giv.n eff.ct ..... though fellowing thil covenant in ron,
,t'cutivt'" orde-r. h d h t t b . . d b
. as cause t es. e presen so. 1 cxecu:;e Ij
its 12LQQer:_ofLice rs _an4...l!J1.r:;,'9.cp'o",ate seal to
us'll 1960 " ','\.r .....,:
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GENERAL DEVELOP. sJ2k'
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Pre tclttl'{t...........,'.('."..
be
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Signed, .ealrd and cleli,.~....d in I~. JY.etc:nce 01:
Attest :Tm {}~~S~aryN
hIu of ~1ortba.
DADE
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4ftatv .,
J JIm.. Qtrrttfu,
August
,;.., Oft 'M.
1st
",01
.4. O. J9 60 , kf- ... "....-.NIy .,,~
.... E. J. KlCnE
P. B. MACD..E. JR..
,...~ely Pr-",-,.wI
Secretary
of GENERAL DEVELOPK!NT CORPORATI~ . -JIOrGw. wuler tA. '- I
01.... s... of Deiaware ,to... '- to lHJ u.. perIJOtu J.crUNd II
ill -- teo\o -..,. fA. I~ ---.1- to McCAUGHAN MORTGAGE COMPANY. mc. ,
-.d --.lIy ~ Uut -.cutiOfl ~I to 6. &Mir free.a IfNl thed.. Ale" oaken. lor.1&. ~
.... fIAd ".,~ u..ra,. menliofted. cuwI u... ,hey .Ii.ud ~ Uut olkW ..l 01 ~ ~~. .
_~ _1.._ ~J .\' _' ~ ",,-' .
_......_~uu...ec-'deedo/___~ ;',"~ ,.."....."v.,: "
......'- oc.o... - .... I .,
.ttnru my PpwIUU"e cuwI olfirUJ t<<l (II Miami {,,'.... ,"\ 'u I, d. ...~' '.
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ill :M COfU'-Iy 01 Da.de Md Suu "I :' '. ",:. . _ 'I ";
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My C~~V~:' ~~
My eo..isYoti Expi:-e~ Mt<:lt .0. 1~6]
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