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oaM? a Paid~s s~W MORTCI~GEE shall Mvi th~ opMon eo noNve aod appy n+~ anN on aooa+nf of t!N indebtdr~ s~uerd Mwbv or H+ ti
D~?n+it sa~d MORTGNGORS to nalvr and ua it or any put tlwa~t for otl+K owPos~t witFaut tMnbY vwiviey a ~n+W~~ni ~Y ~W. ~
u«, a~+ ~ ~.~a.. a a? wrt,. of er,~ Mo~+: and in tM fwnt s~M MORTG/WORS shali ia any ~so~ hil to IcMP tM sdd pnmba
so te~n~ar hil to d~Uwr pomptly sny of ssld polkt~s of l~unno~ to ~aid MORTG/1G~EE~ or hil proenpty to p~y iu1N~ny M~~~ ~b?. i
w in ~ny nspect fail to pKform, ~sehs?p. uawt~. ~fhct. compl~t0. camplY with and abid~ b~? M~b ao~reMnt, o? a~+y psR h~nof~ saW MORT s
GN~CEE m~y Plau ~nd psy fa wch inwanw ora~y puf the~eof wiMout wsivine a a ~Io~tion . ~bn. pulh?. or ~i~ht und~? a by ;t
virtus of this Mat~s and tM tull amow~t of pch a~d~ry wd~ payment shall b~ ~ttb du~ snd P+Yabl~ and sf?ill b~sr Mttrat i
~frwn tM dst~ tMroo~until paid at tM ab of sixae~j~c t~r?ths pK cent pa anxxe and topthu with wch Intenst shall b~ s~wrod by tM ?
lien of this mort~a~t. LhI'Ce ~
,
4. To pemnit~ oomn+it o? wffK no w~at~, fmpainna+f a dete~ioation of aM propwty or any p~rt tMnof.
5. It is F~enby:pecificaly a~.eed th~t arry wn or w~r~s whkh n+~Y b~ Iwruod a advanad b~r Nr Mat~+tse to tM Mort~a~ at any ~
Kms aksr the rooordinl~ o~ this lndenturt. to~eMer with interost tMno~+ at ths ntt s~raed upo~ at tM tims of sud+ loan w advana. sh~ll b~ ~
' P
wrovided, th~ tfie s~t~ep~s~so~un~~D?~w~~ou~ta~r~ifi~
fl~shsli not exce~d
~~aman+t pual to ane
f~xmdrod and fiity~ E
c~t5096) of tM princtpal ama~nt ori~i~?sly secwed Mroby. ~
6. To pay all and si~ulu tM oosts. d+s~es and ~qnsa, inclu~r?~ s~bN atton~ey's fes and costs of abstracf of Ntb in•
currod a psid sta~r Hm~e by said MORTC/1GEE b~csuse or In th~ event of th~ hllun on tMpsK of the ssid MORTC/?CAR to duy. prompty j
~ and fulb Ps~fo~m. dtschsK~. exeam. ~fisct. oompNta. aomplY with a~d abids by ~ach and awry the stipubtfo~s„ st~ts, oa~tlont ~
~ and oova+~nts of ssW proa+issay note u+d tNs ~ any or Nther and asid oosts. d+s~es and expenses. each and avary ~all b~ }
tmn~edistey due and psysbk; wFrtMr a ~ot then be notioe. demana, attanpt to aoll~ct or w }~,~6: snd ths full ama~nt o# exh and i
' wery wch psyrr~ent sh~ll bsa~ i~t~rest frorn th~ dat~ tF~eof unHl _p~id at ths ?ab of six ~~itKs"per oe~tum pu amuen: ~r~d all sald }
oosts. char~es and .xpenses so Inc~urod or paid. to~ether with such ioterost. shalt be secured~~y
t_ht (ien of tMs mortpl~e. !
7. That W h the event of aey broach of this Mort~sg~ or defauh cr~ the put of th~ MORTGAOOR, or (bJ In tFr w~nt any of sald
wms of ma~y he?ein mfa~rod to bs rwt pranptly and fully paid within thtrt~r t30) d~ys next sfter ths same sewrally beooms dus snd paysblt. .
without demand or notke. or in the event ad~ and ewry th~ ~tiPulatioro. a~1s, aaditioos and ooven~nts of saW p?omissay noM
snd thi: n,o.rgsge~y or eitha. aro noc duy. aonw~h u+a tu~ly perfamsd. disd+.?Nd. ex.ane.d effKted. oo~++pleced ied with ,nd ,
~ sbided by. fhan in eithe~ or any wch fvent. the s~id s~~ga ts wm mentia~sd in taid pranksory note tMn remaini~ unpa~ with Intsrost •
socnied. and sl!monays seaxed heraby, sh~ll beoane dus and payable torthwitl~, or tF~eafter, at tM option of ssW MORTC~ACEE. ss iuly
' and completely ss if alf of the ssW s~wns of nwney wers ori~in~lly stipulsted to bs psW an wd~ dsy. ~rK in said praniswry note o? M ~
this Mat~age to ths oonhary not withstsndin~; and theraupon or tfieres(ter at th~ aption of astd MOR G/1GEE. wtthout notice or demsnd.
wit st Isw w in equlty. msy be praaswted as if ali monies securod F~ero!?y h~d n~twed p~ to its institution. ~ ~
s. 'n~at in ths .~t tt~t st th. bestmi~ of w at any Nme pend+ns +i+~? wi+ upa+ this Matsass. o. to torec~oss ir. or to row~m ,I
it or to a+forae payme~t of any claims l+erau~xie~. s~id MORTC~IGEE sMll apply to the Court havie~ ~urisdiction tl~eof fa ths aDP~ntmmt
o~ a Receiver. wd~ Court shall fwthwith sppoint • Recaive?. of saW mo~tpged p~operty all ard dngutar. Inclu~ns sll and singubr the ~
t~come. profits~ iswes snd revae~s from whsta+re~ source derived. each and ~very of whkh, it be1~6 exaeuh undastood. is hereby mort•
gaged ss if specifialh set forth snd desc~ibod in the gnntin~ and habendun clsuses heroof. and wch Raoeive? shall hsvs all the brosd ud ~
effective functions and powers In anywiss enhusted by a Court to a Reoeiver. snd sud~ appotMn~t shall be nuds by_wd~ Court ss an ~
sdmitted aquih a~d s m~tte? of sbsolute right to ssid MORTGAGEE. and without referenoe to the adequacy or Insdsqwcy of the value of tM I'
ad
mrevern~shs
11~
be apptied by~sud~i
R
~ins tfie IienTor equity of satd MOR~TC~AL'.EE and practlo~s of~wd~~Cou~~ ~ ;
~ 9. To duy. v~omptb snd iutb perfom+. dtscha~ge. ezew% etiect. oaro~ ~Ph? wtth and abide by esch snd eMSry ths nipu-
Istions. s8nements. ca~+ditions and ooverynts in s~id p~aniuory noce snd in t1~is mortts~s set forth ~
10. That In the event the owne.ship of ths mortB~t~ P?emises. or +nY Par~ tM.eoi. b~ooeras v~sted in s persoe othar tMn th~
' MORTGAGOR. the MORTG/1GEE. its wooessors ard migns. msY. without rwtioe to !hs MORTGI~O~R. dsal with sud+ wooessor or suooeasors
M interost with refe?enoe to this mortgsge and H+e debt hercby sewred in fhe ssms mrmar ss with Mortgs8or without in sny way vitiatin~
or discha~tng the Mortga~s liability t+sreurder or upon tM debt lweby securod. No sal~ of tfie Dnmises Mrob~r mort~sBad and no fors-
bearsnce on the pa.t of the MORTCIIGEE or its wocesso~s or sssi~ns and no exteralon of the Hme for ths p~symsrK of the debt F~eneby secured
~iven by the MORTGIICEE or its wooessors or assi~ns, shsil operst~e to rekase. ~scfiar~e. nno~(1?. dw~e or effect the origM~i fisblUty of
~ the MORTC/1COR herein. either in wFwle or i~ part.
11. It is~i fiatly agrssd that Nm~ ts of th~ ~nw of thb oontr~ct and that no w~iv~ or any obliptbn htra+nd~t or of th~
' obli~atian secured ha~y shsll at any Hms tfiemafte? bs hsid to be s waiwr of th~ t~nns I~eof or of the instnxnent seoured h~reby. _
IN WITNES~S WHEREOF. the s~td MORTGAGOR his hsrwmto s~t Ms Fw~d and sMi ths day and ye~r fint afowsatd . '
' Si~ned. Ss~ated snd delivensd in prosa~n of: . - ~
+ • . ~ - • , . IG~~ '
a" - ~ - - 1 -
_ - . . . . s . . . -.~___._._.____cs~?u
~ ST/1TE FI.ORIDA ) _ ~
~ St. Lucie ~ ~ . ~ . ~
~ ~ ~ ~~~y LELAND A. THORNTON ~ ,~,d
~ ELSIE 1~iORNTON ~~h, to m. w~l~ w,a,~e+, a~,a kno~n, to m. to b. M,. ~v~dwls d~o~bea M
~ snd
W
~e~OUtsd''the foregotn~ instn~na~t. snd adcnoMA~dg~~e m~ tMt tl~e~r e~o~cuted ths tartM for the purposes ths~ein e~ess~d. .
; :~fi, 7 J .
: ~ ; Vl~1~N{FS~ •niy'•I+~rd ard offidsl serl this~~~_._ __day of- C. 19~ _
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