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~"'.-'-!i, I ',7 p',.ll(Jon. \.:11-1 ~1<)RlC^CEt \h,ili h......e thE option to rKli!'iVe a:'-"t ~..Ji.)I'{ t;-re '.).-.J!fh;.' d'.. {'.~ "'-.H~' ':1 ::.)t: !nJt..:l.'eG1'le'\'S <)'~\.,-1:t'~1 r'~~r(;'~\~ (I' f)
p-t&rn.1t wH.J ~""OP,T,,,-.AGOf.?S tl.' receive .ana u,~~ i~ <H 41'\'; p.ilrt therf#\1-t t'..'.\! \'Hht?: pUip.. ;')(~", YI.'i '~!Vr rh~ret!y WJ1I.. It'S Of' li1'1pAJ,'Jf1i ,:\'1,' t-(pcil;...
iq~n (...., riiht under Of b"1' vHtu'iI' of this t..AOftC"~, .nd tn 'i't\.e .vent WIJ MORlC,A(A')x.S. ll.~ 1 fo~ ..:Joy "~--.$~ t..j~ 1u !t..e'.":9 rt;e "!.-ilid ~n..rni"j.(.""
!(' jns...r",1, Of 'Jld 10 do","~' prompt I., ..-,y ot ...Kl poHci~ of IniUr....c. h) ~Ild MOR-:-GAGEE., '"H t..d p..,xnplly to pay tully ~ny p'err,jUrtl 1""",,10'.
'" In dny m~<.t t.d 1-0 porto,,", d<llC~.&r", .....cure. eriect. complete, ce>m;:>ly ....,Th.nd ",bl(~ by th.. cov_o1, ?< .n'r pjlrt h",o.at, ;aid MORT.
\.,ACfE ""''I' pl~. .nd pay f<>< suc:l'I insommc. or ,,,-,'1' part tn.UtlOt wi\h,JUt """'VIn!; or "tf~t'ni ."y optIon, I ,con, eqully. or right under or by
,,,t~ of this Mortcae.e, <tOO t~ tvll amount .~t ".ct. ltOd e_ry "-OCh pa~rne..I sh.'lll be ''''fY)'~I"tol., (lue ~nd p;.ay.abi.e ..nd shAll bear ",te,,,,t
from the dale the.eof u',to! paid .t the ,ere of SI" and ,i"tenttls per cent per a....num llnd t0~lher w,th ~uch >nte.<!'St s~11 be ~f'!Cu'N by 1:-'..
!t~ 01 II-us :-nortPce.
04 T" perm.t, comm;: or wffer ria 'N4~t., jfT'Pll;rment oc detClIoratiC<l d WId pre,p.,,,y CO< lOny p.lrt thereof.
5 It IS h"r~by spt'Citicaily .,reed tNt .ny wm 0.- s~,,..,~ .....illch may be 1000ne<<i or adv,,"cec1 b, the Mortgagee to the 1\,1ortSai(H 11 ~ny
'1m., .lter r',,, rE'(;mding of thiS ;~f"ure. tOll:l!th.. wit'" int.,esT thereor, at rhE rale agr..ed ,.pc'o at the tIme 01 such I~n c,r adv.nce, sha!1 be
.>q~Jly ~1J(ed with arld have th.-! same priority as the orillln.1 indetle-d;-,MS, and b;, SLJl>!N:t i,' "II 'he terms and pr;)v;sj,.:>ns ot this mtJrt,!age:
Provided, tn.r tl">e aggr<<g31e amount ot prinei,,",1 outstand;nll at any time shall not e"c~d an amount .-qual to ooe hvndred ~nd tihy per (('n'
(150%) of TM prinor',el arno...nt orili"",lIy s<<urnd h.reby.
6. To pay all .nd#incui..r the con.. CNrgM and e~, includil'~ a re..sonable attN~" fu :tnd costs of absh'a<::t of title In-
curr-ed or p,"d at any tinw by :said t;AORTGAGEf ~aM or in the ~t ot lhe tadurl! On the p..rt of ~he said MORTGi\GOR to duly. pro,""pt1y
and ""liy pertorm, diSCharl4l. ."Kute, efffict, c;ompa.,I., comply with and abide by ...ch and ev.ry the stiP'/l.t,oos, I (lreemenh , o",ditions
Mod cO\Ieo.ants of MId promilSOI')' note and this mort,... eny or aW...r, and Wlid cost., c....rl.. md .~, ..-en and -ry, shall bE,
,rnrne-cl.ately due and payable; wh;rtn.r Q{ not there be notice, demand. a"empt to ::oll<<t or suit pending; lInd the ""II am<J<Jr't of uch a,w
e..ery ;ucn payment shall be., lnter",t hom the date thereof ,mtll paid at the rate of six and six-tenms per centu.~ Pf'l annum; and all $<lid
crn;Is, c!-wtflles "",j expenses 50 inc.."ed or paId. 'otl111ner ""ith such In rerest. shall be sec"red by tNt lien of t"'lI mort,alle.
7, Th.at (al In the event of any br.Kh of this Mort..... or default 00 rn.e p.lIrt ot the MORTGAGOR, or lbl in tt-.. event any ot said
sums of money he,,,ln referred to he not promptly and ""lIy pcid within Ihirty (30l days l1ed ...tter the 'MIme ~ver.lly becor..e d..Je and pay~ble,
""ithout dem.a'ld Or notIce, or (cl in the event each llnd OV(,IY rhe stip<llations, ..,~nts, condltie>rl$ and CO\lenanl'S ot said promissory notl!
and this mortS.'" ""'1' 01' eithftr are not duly, promptly and fuily pertormoo. discha'lled. e"~Kuted, efte.;ted, completed comp/jed ""ith and
abick-d by, then in eil"er or any wen event, the said agintaate kJm mentic>n<<l In said promissory note ther. remaining ~id, with interesl
acaved. and all m<::>neys seculed he~, stull become due and plIyable forthwith, 01' theruftoer, lilt lne option of $lid PK..)RTCAGH, as tvlly
and completely ,n if .III of the said sums of money \Wf'8 cmginally .tlpular.d to be paid on 5uch day, Any thin, in $lid promissory not.:! or in
this Mort,ase to the cootrary nol withstandln,; and thentupot"l M thereafter at the option ot said MORTGAGEE, wlthOYt notice or c:J.rnand.
suit at I."" or in equity, may ~ prose.;uted as If "II monies secur-.:l hereby had maturl"Cl prior to its instilutior.
S, That in t.... ev-Mlt tNt a~ the beginning of Of at any time pendinll an.,. SYit upon I!'is Morl96'fl, or to roreclose it, or to rerorm
It, or to enforce payment of any claims nereunder, said MORTCI,GEE shall .apply to thto CO\Oft hav!n" jurisdiiCtion thereof for the appoinll'Y'lCt"
of ~ Recei'ver, such Court shali forthwith appoint a Recejv~r. of uid morfgaged property all and sinllu;.r, including al: "nd singular the
income, profits, iMUe5 and r..venues from wh.tever sowce dQrlved, eAch and every ot wnich, it b4tini expressly undersTOOd, is hereby mo,t,
gailed as if specl Ifica II,' v:t rort'" and described in the irantin, .nd ha~dum clauses hereof, Ind sueI'. Receiver shail .....ve .11 th. broad .nd
~ftective tUrKtions and powers in anywi$e entr....Med by a COYrt to . Re<:eiver, lInd such .appointment shall be m.lde by such C:OYrt as an
admlttl"Cl equity and II mtltter of absolute risht to s.tlid MORTGAGEE, .nd without reference to the adequacy or inadequacy of the vlll~ of the
property mort8l!g~d Of to the solvency or insol....mcy of Wlid MORTGAGOR or the de fendimt'!: , and that weh rent~, profIts, incomes, in~
and r~enues shall be awile<:! by wch Receiver accordin, to th. Ilan or equity Of said MORT~a:E and th. practice of sv.:h COYrt,
9, To duly, promptly .nd fully ;>ertorm, disch...rt., execute, effecT, complete comply with and abide by MCn Ind every tho: ~tipu-
lations, 8ireemer.ts, conditions ar.d coveNlnts in said promlswry note and in this morte'ie set forth,
10, That in the evet'lt the C>Wnelship of the mort",ed pt&mises, or .any ~rt thereof, be<;omes VC!ted in a person other lhan the
MORTGAGOR, tt,c MORTGAGEE, its 5UCC(O$iOTS and ~S$iwm, mtly, wi rn.."IJt notice to thl'! MORTGAGOR. de,,1 with ~U(h su<cessor cr su(c~.so..
in inlerat with referenc~ to thIS mortgage .nd th.a dt<bt hereby MCured in the same ~nn~ IS wit'" Mortgagor without in any ....lIy I.'itiatl"ll
or div.har,inll IN MonPF'S liability hereunder 0.- upon the doabt ....teby secured, No sale of th. premjse~ hereby mort I. it'd a"d no rore-
be.ral'lCll on th. part of the MORTGAGEE"" its SlJCCflSO(S or nsiar.s and no extension 01 the time for th. payment of the deb; hereby secured
Flyer< by the MORTGAGEE or Its 5.JCCet.SOn CK a55illns, shall opet"lte to relene, dj$Cnarlle, m<Xfjfy, change! or effect the ori IIi,.. I liability of
lhe MORTGAGOR herein, either In whol. or In pt/Irt.
II, It Is spr.clflally eernd that time Is of the ~ of thi~ COf'fnlCt end that ..0 waiver Of' .ny obli~hon he,eunder or of t....
abilaatit"" $fJCUred M...by shill! .t any time ther..M'w be held to be . w.i.....r of the !erms Ml'eof Of" of the Inatrument secured herM>Y'
IN WITNESS WHEREOF, the $lId MORTGAGOR tus her.unto set his hand and seal the .uy and y('.ar first Ifore1.aid,
Sl~, Soled and dellve..-d in pr--.oe of;
'fh r~~'J-h~~) ,'f-A'trrt~'r~
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STAH OF FLORIDA ... '}
COUNTY OF SL Lucie__ SS,
C7h~V_i-i !;-K~~
(SEAU
(SE/,U
Before me perwnally ~arl!l'1
MarveLGollnick. a Wictow
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. . ~,,;: to f'!"1e well kr.<lwf\, a.,d .."o....-n :0 me to to" the in':h,it!ua1t de'K,ibed '"
and woo e"f'(:ute<l ~~ ~"jnl ir.!trvfT".e<1t, arid Kkr'lOW__~ blttore mot thaI t~e"e-.:uted T~~ !ame fo; the purpc-Se5 therein e><ptl?s:>.ed.
WIT~~<nlJ~;wid offici.1 _I ~his . IS day of., September. .r. . A D, 19 61
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