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~OIICy QI pOlltl~t i~ld ~N~~T~E i~1~~ ~Mf 1~1~ ~1011 10 f~0~11N afld ~iy th~ iNIM W1 i000111f Of ~fl~l'~1~{t NGM'b Mf~1/ 01 M
o~*~Nt ssld MORTG/1iGORS to noNvr ard uN It ar arq? P~ thK~of fa otM?Q ~po~a without tMnby wrt~ a bpalrint ~M ~b.
u~
Ilu~ o? ~i urdK or by virtw of tlib Mortt~: and In th~ ~K ~id MORTGJ~~GORS sFrll for any n~son falf to IcwP th~ ~id p~mlws
w uwu~or hii io 6~fiv~ promptfy an~r of ~W poiki~s of iro~rano~ to ~td hifWrtT or fali prompti~? to ps~? iully~r~? M~~n th~r~for. ~
~ o? In sny nspect hil to pKform, ~acutr. ~fhct. oompbta, eanply wi~h and~~ b~r M~b aov~rwnt. or anY W~t FMnof. ssld MORT
W~GEE msY Plso~ and psy ta wch kswrano~ o?any puf N+mof wifhout wsivin~ or a 4~a~h?optio~, N~n. puib. or ~i~ht und~? or by
; virtw of this Mort~p . and tM tuil amount of ach ~rd ~wry wch paynrnt s1+~11 b~ tNy du~ and p~yabb and th~ll bs~r Mtsrsst
; fran th~ date theroof unNl psid st th~ nN of six snd~p[ ta~ths pK cent p~? annum and to~ethsr wiM wch interest shdl b~ sKwsd b~r th~
; lien of this nwrt~aN, three
1 4. To permit. oomn~it or wffer no waste. impairm~r?t or deteriorstion of satd property or an~r pirt tMhof.
. 5. It is heroby specifksly s~rood tF?st any wm or w~r~s whkh may be loansd « sdvsrxed by th~ Mo~tesjee w th~ Mort~s~ at any
~ime ahet the retudine of this indenhue. to~~ther with lnterost thsrson at the rate atroed upon st the tims of wth losn o? advsnot. shdi b~
pwlCy secured with snd have ths sams prio~ity as ths wi~inal i~btedness. and bt wb~e~t b all the tenns and prwisions of this mort~apC
. Provided, thst the ag~re~te smount of princtpal outstsndin~ at ury tims shdl ~ot ~ooced ~n snwunt eqwl to ont hundred and Hfty psr cent
(1S096) of the pri~cipsl amo~r~t wi~inally seaued hereby.
6. To psy sll and sintular ths oosts. ch~~as and exp~ns~s, includins a rossa~abk attomefr's fe~ and oosts of sbstrsct of Ntw in-
cwrod or psid at any tims by ssid MORTGJIGEE bscaus~ or i~ tFr ~vent of the hiluro on thsps~t of th~ •~3d M(?RTGAGOR to duly. pror~p!!Y
' ~nd iulb Pc?form. discha~e. execute. effect. con+Pkb. camplY with and sbkk by Wch ar~d ~very th~ stipulations, a`n~rr~ents. oondtbro
; snd oovenants of s~ld praniuory rate and this mort~s~t sny or Nther. snd s~id ooats. ch~nas and expe~ses„ esch and rwry sh~ll b~ '
' imrnadistely due snd Wrable; whetMr or iwt thsn bs notict. d~nand. atten+pt to ool1~p~,y~ ps~din~; and th~ full amount o# a~d~ and
every wd? payme~t shail besr Interest from tM d~t~ tF~eof unNl p~W st ths nte of six~iid3~=teoths per oantum psr arrwn; and sll saW
~ Coats. d~ar~es snd expenses so Inwrrod or Wid. M~ether wiM wd~ interest. shall b~ seourod by ths Ilan of this mort~ap. • •
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7. That W In the event of sny bnach of tNs Mo~a~e or defsult on the paK of the MORTGA~GOR. or (b) in ths evsnt any af s~ld
urns of money hercin refe~red to be r~ prompty and fully patd withi~ thirty (30) days next after ths same sevenlly became dus and paysbl~,
, without demand or notioe. or (c) in ths avenf esth u~d every the ttipulatlons. a~eemeMs. caufitions snd oovenants of said pramissory not~
, and this mortgage sny or e1tF~ are ~ot duly. promptly and tull~r psrtormed. discha?~ed. exewted~ effated. oompl~rd owrpiied with ard
j sbided by. then in eithe? oF ~mr wch eveet, ths satd sggreQate sum mentionod t~ said praniuay ~ote than romsinin~ unpaid. with i~terest
accrued, snd all secured hereby. shsll beoome due and psysble forthwltl~„ or thereshe?. at the option of said MORTGJ1iGGEE~ ss fully
i snd oompletely as if a I of the said suns of money wero ori~inally stipu4ted to be paid on wch d~y. anythin~ in ssid G EE
pwrnissory note or tn
i this Mat~age w the cantnry not withstsndin~; snd tF~er~~pan or thereaker at the aption of s~id MORTG/1GEE. wlthout notios or demand,
wit at bw w in equiy. may be p~osc~cuted as if all mades seaued hereby had matured prlor to its institutio~.
} 8. That tn the evant th~t st the be~imin~ of or at sny Hme pending sny wit u~pon Mas Mortga~s~ or to lose it. or to nfonn `
it~ or to enioroe payment of ~ny claims heraunder. sald MORTGAGEE shall spply to the Court havin~ juNsdktian for ths appointromt
~ of a Receiver. wch Court shall forthwith sppoi~t a Receiver. of s~id mortaaQed property sil ar~d sin~ubr. includin~ all snd singulsr ths z
: income. profits. isu,es and revenues from wlytever source de~ived. each a~d every of wNcF~, it bei~ e~iy ~r~derstood. is hereby mort
~a6ed as if specifically set forth snd dat~ibed in the granting and habendum ciasises hereof. and suCh ReCeiver shall have all the brwd and ' i
j effective functic~s and pow~ers in snywise entnnted by s Court to a Receirer. and wd~ sppointmant shall be mads by wch Court as sn
sdnutted equity and a matter of absolub right b said MORTWGEE and without referenoe to the w i
1 W~r1Y ~s~6~d or M the sohrency or i~oiventy of said MORTG/1GOR or the defe~xlsnts. and~ywd~ ren~
flts. I~noomes. ~tswss
1 and reMe?xus shall be spplied by wch Reoeiver soaording to the lien or equity of sald MORTGAGEE snd the pncNos of wd+ Court.
' 9. To du
~Y. P~~Ptb snd fuib Perform. fiischarge, exewte. eHact, oomplero oomply with and sblde by esch and every the stiqr
Iatians. ag~cements. tonditia~s ard oovensnts saW prontiswry nMe snd in this mort~a~e set forth
~ 10. That in the event ths owne~ship of the mortgs~ed premises. or any part thereoi. beoornes vested in s person oN~e? th~n th~
• MORTG/1GOR. the MORTG/1GEE. its suooessors ard sssi~ns. may. without notice to the MORTGACOR. desl with wch wooessor or s~+ooason
~ in interost with refera~oe to this mortea~e and ths debt he~eby sewred in the sams maru~a~ ss with MortgaQor without In any way viHat(ry
or
or disd~arltin~ ths Mo~t~s~o?'s fiabil 1~ereurdet or Promises harebY Mortss~sd and no fare-
~ ~Y upon the dabt hareby sewred. No sak of the
3 beannce an the part of the MORTGAGEE a~ 1ts successors w assigns snd no exta~sion of ths Nme for the psymsnt of the dabt heroby seaxed
j =iven by the MORTC/?CEE or its sucoessors or sssigns. shall openb to-r~le~se. distharQe. modifY. d~nge or effect ths oHtinsl liabllity of s
~ the MORTGIIGOR hetein. eitF~er in whok or in parL "
~ 11. It is specifialy s~rc~d thst tirn~ is of ths essa~os of this oont?act and th~t no vwive? or
~ obli~atian secured hercby shall st sny tims thereafter be held to be a wsiver of the terms h~reof or of tF~
~instn~~nant socured ~~yof th~
~ IN WITNESS WHEREOF. the said MORTGAGOR hss F~srwnto s~t his Fwd snd ssd the ds~r and yesr first ~fa~~es~ld. i`'
SIW+ed. Sealed snd delivered in
presenos of:
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' sr~~ oF ~iu~ ^ ~
' counmr oF_ St. Lucie _ . ~
; ~ e.~ ~ ~~,,.iN ,~,.ee ~ LOHN W.. BLA~IC~.IR._.__~__.____.____. ~ .
} BLACK
-~R~ F~ r~ls rwb, to m. wd~ known, .nd wawn to ~n. to b. th. u,d+vidu.ls d~saib.a in •
and who executed tM foregoin` i~tnsnant, and adcnowlsdqd b~fon ms that they t~aa~bd ths s~rr~ for th~ purpos~s ~~r~in:~prossed.
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~ cJed•`~ My oom~ussian explres: ~
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~ 1 _ Z~ ~ . FI AlJp eECORpED ~ : ^ ~ . r
A ~ IN_ ~i~al Record ~ A
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~ W N~ 1964 J~ii~ 21 AM B: 19
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j ~ ~ ~ , 1': ROGER POITRAS. CIERK ~ ~
~ ~j ~ O ~ O J~0 ~E.'~?• ~y~ . p
~ V.~ ~ , `~T. IUCIE COUNTY. FLORIOA ~ ~
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