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,J ,ile. I ~L';l(ll.'':. I.,.llj ~L)J~TCAL.lE ~h~lll ruvc the l.)ptIOf.\ l(~ .~l{j;~ <t:~Jt."'~I'Jl ~r~b,Aj)t. U:l . ((-lint (,t t'H: In,~'"';;!('~~:l(H","> ~e~~":~t',l ht'~l~ '.
~Il.t nl ! -".tlj ~. ~Oh:.l C.r\GOR) 11 (,:Ct.'IV~ .'.nd u"i-(, It or .1Piy', ,g.ut..~l1...i..)r .oH'.eL.. pU1p.:.~;.4J"I ...,.+t L ut '.l.;"f('U'y' \'..,)1.. Ing (,r Imp')lrlrl~~ HI. t flU! l'
llt..'n ur I'bht linL~(:( Or 0)' \Ilfu{' (,t this fv1ortga~e; and in the e....ent s..:lJld MORTGAGORS \h.3 1ft), ':!fly rf'i,(",n i.111 L) ki'':P the ",,11,1 pr,_'llll'>,,";
l)i.J In')url'J. c( Lid t...) dell,..C'r pronlptly any of ~3id P,;:>!lcles cf insuran,:e t,) c:..'ld ~'ORTGAG:.t., C'r f.-.,z1 prunlptly to p.ly full,' any pr('miUnl tht:rpt.,
I..;r In ,!fl,' rl'-,p:,'ct fail '0 perfornl, lh~charge. execute, effect. cornplcte. C0rnp;y Wlt~l and .:!bide l.J~' Ihls (,:,'"enJnt, or any p.lft hf"f,..)f, ~.111.J ~,h.)Rl
CAC~:E rn.1) pt.lCt. and p.l,"' for sd::h .n5ur.lnce or any part thereof with.)ut W.)IVln~~ or affecting any l)PII'.'.n. I.t:'n, equltv, or rl~ht undt" cr LI,'
,,'i'IUt' t t trll'lo ~LJrtb.lge, and th._' full arn0unt of c.l:h and every such pdYlllt:nt ~'))II be Imn1edl.ltf"ly (iuc .lnd p,lyable and 5~ull i'c.lf lnft~fl..,t
':__:11) ti',,' 'J~H~ tt-V.'fL'Jt until p.lId ..~r the rate of six .,nd)lk-tt:nths per cent per annun1 and togt..ther with o;uc.h Interest o;h.l11 t,~ ',t'ClIiPd lJ'1' t
iit,.n \.. t thl,) rnortba~c. three
4 To pL'rmlt, (urll....,)lt ur ~uff(>r no waste, impairment or det(:r;~}r.1tl':'n (t s:lld pr('pl'rh' Or any p..Ht thereof.
) :t I';. heret"')" spr'C.iI(.lJ:\' .lgr(.t'd th.1t an>y sum or It,urn~ \"'~IICh nl.;, tn.' !',.~nht Or .1d\'.lnc~,j by the r-..1urtgagL'(' t,) tht' ~,Lirt~Jg__,r :\t ,ln'
.!m~' dter tr' rc(!..\rdlng at tPI') Ir-JJ'_'nture, t')gether with interest tnerC"i'H'1 41t the rate .)~r('('d up,-in .1t the tin),.. of such !c'an (\r .)~h.'H1Ct..', '.;'-\~1q l:t'
e~lu.cl:ll, <..t'~ure,j \..Ith and h.h'f' th(' .;,.1me pri{)rity as the criginal indet.tt""I'dness, and be ~LJI'1Pct to ..~" the terms and pro....islons of this n)::.;:r~:'';l'.
p,,-).. Idt.'d. t~Llt the ,""li,grei .11(' an1"unt of principal outstanding at an,' tirnC' shall n..lt exce('d an anlJ\....nt ('qual to One hundrt..d Jnd flft..., per (t r'!
\ 1 ~OL\) l l't th.:..' prll~(ipal all1')unt orll~~iflall\' secured hereby.
6, T,) ~~y a!1 dnJ Slll,;u!~r Ihe costs, charges and expenses, inclu,t.ng a rcasonable allerney's fee and costs of abstract (,f !,t!" "',
curred ur p~"j Jt any t,me by' s_"J MORTGAGEE because or in the event of the f.lIlure on the part of the said i,IORl GAGOR to duly, p1,)rnp~I,
,,,,,j fuil) pe'l_,'m, dlscn3q;e, ('~t:cute, effect, complete, comply with and aLlde by each and every the stipulatl0ns, ap",-,ments, c"n<l,t,n;
.H1d (l'\'l.'n4'H1I') 0f SdlO pr(:n11s.~ory note and this mortgage any or either. .1nd said co~ts. charges and expenses. each and every, shJl1 b<.'
IrnmejlJtt-i, d.J(' and ,Lh"bie; whether or not there be notice, demand, attempt to cOllecl~suit pending; and the full amount of each and
ber) such ,"'yment ,h~11 b"ar ",,,,rest from the date thereof until pald.at the rate of SIX a ~nths per centum per annum; and "II '-1Iei
co>ts, cf1.lrge' and e'pcn":,, >' Ircurred or p~ld, together with such Interest, shall be secured by t lien of this morti/age,
7, Th3t {31 in thl' l''ient 01 any breach of this Mortgage or def.1ult on the part of the MORTGAGOR, or (b) in the event ,ln,' (,I S.11 j
'ums of mone)' I,ereln referred to be not promptly and fully paid within tf,,,ty (301 days n"xl aft", the same severally becom" due and p~.,."b~l',
,....Ithout Jefn.1nJ or notice, c,r (el in the event each and e....ery the ,tioulation57"" .1rgcements, condition\ and covenants of said promis~or)' n~te
and Ii,is m,_'rtgage any or either are not duly, promptly and fully performed, dIscharged, executed, effl'cted, completed compliC<.! With ani
abided by, then in either or an,' such event, the s3id aggregate sum mentioned in said promissory note then remaining unpaid, With ",tere'l
accrued, and all moneys secu,,~d hereby, shall become due and payable forthwith, or thereafter, at the option of said MORTGAGEE, as full)'
.,nd complet"ly as il all of thC' s3id sums of money were originally stipulated to be paid on such day, anylhing in said promissory note or in
thiS Mortgage to the contrary not withstanding; and thereupon or thereafter at the option of s~id MORTGAGEE, without notice or demand,
suit at law or in eqUity, may bc pr.Jsecuted as if all monies secured hereby had matured prior to its institution,
8, That in the event that at the beginning of or at any time penJinb any suit upon this Mortgage, Or to foreclose it, or to reform
It, or to enforce payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof for the appointment
of a Receiver, such Court sh~!1 lorthwith appoint a Receiver, of said mortgaged property all and singular, including all and singular the
inceme, profits, issues and revenues from whatever source derived, each and every of which, it being expressly understood, is hereby mort,
gaged as if spectifica!ly set forth and described in the granting and habendum clauses hereof, and such Receiver shall have all the broad and
effective functions and powers in anywise entrusted by a Court to a Receiver, and such appointment sh311 be made by such Court as an
.,dmitted equity and a mMler of absolute right to said MORTGAGEE, and without reference to the adequacy or inadequacy of the value of the
prop"rty mortgaged or to the solvency Or insolvency of said MORTGAGOR or the defendants, and that such rents, profits, incomes, issue,
and revenues shall be applied by such Receiver according to the lien or equity of said MORTGAGEE and the practice of such Court,
9, To duly, promptly and fully perform, discharge, execute, effect, complete comply with and abide by each and every the stipu-
lations, agreements, conditions and covenants in said promissory note and in this mortgage set forth,
10, That in the e,'ent the ownership of the mortgilged premises, or any part thereof, becomes vested in a person other than the
MORTGAGOR, the MORTGAGEE, its successors and assigns, may, wi thout notice to the MORTGAGOR, deal with such succe'Ylr or succes,ors
in interest with reference to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating
:>r discharging the Mortgagor's liability hereunder Or upon the debt hereby secured, No sale of the premises hereby mortgaged and nO fore,
bearance On the part of the MORTGAGEE Or ils successors or assigns and nO e.tension of the time for the payment of the debt hereby secured
gi\'en by the MORTGAGEE or its successors or assigns, shall operate to release, discharge, modify, change Or effect the original liability 01
the MORTGAGOR herein, either in whole or in part,
11, I- is specifically agreed that time is of the essence of this contract a~d that ....0 waiver or any ohligation hereunder or of the
obligation secured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the inst;ument secured hereby,
IN WITNESS WHEREOF, the said MORTGAGOR has her~unto set his hand and seal the day and year first aforesaid,
Signed, Sealed and delivered in presence of:
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STAn OF FLORIDA
COUNTY OF St.
Before me personally appeared
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his wife, to me well known, and known to me to be the individuals, de;scribeO 1'1. \r",
acknowledged before me that they executed the same for the pu.-I>O'~ therei1'l expressed", v'
OLl VER VJlT
" MARY E. LOTT
and who executed the foregoing instrument, and
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r- April_
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Lf\/V,{ .,'/It.( _en ,,'>., '
Notary Pllblic in a for the State of Florida at t.8tge."
My commis.siQ('l e ir~;_I'r S'1'e 01 1 :8' 'L, ill V,rl;e
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My Cornln,sSo:~ L'iilt..,. ~,rl1. - -, ,...1 Y
Sonded by "lI\Cr.C.lfl ~urd) Co, or 1'-, .
day of
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WITNESS my hand and official seal this
l14738
FII En ~ ',In R ECOr: ;,r[,
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It' Drrlcial RetOld ~r;:r~
1983 ~p~ II Pt\ 2: 29
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