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Potk~? a pollda s~ld MORTC~AGEE st+~ll h~w 1!r qKion fo tioNw and~p1y th~ wn» an ~otrouiK of th~ M~d~MdnMS s~our~d h«~abv or M
p~mnit sNd MORTC/1GORS to noNw and ua it a pwt 1l~rof ta otf+~?~+~po~ wiMiout M~rb~r wM~ r MnpNrMr a~r puty.
Il~n or undu or~y virtut of. thls Mort~: and~ tM wrnt ald MORT'G11~ORS~ th~ll fa ~n~? rwa~ fatl to Ic~ th~ ald pnmltp
:o ~e~or ht~ to d~liw? won+pty +~h? ~f s~ld polida of N~r~r?o~ to Wd MOR ,EE, a fati p~on~ptl~ !0 0~? tu~M Prrn~lun tl~rta.
w tn any ~ct fstl t~o PKfan+. dsd+ut~. uawt~ afhtt. compMt+~ to+rplr whh i~1d~ibld~ bfr tMs oovM+~ek. or +rh? 0~~. sWd MORT
CACEE n+ay ptia ~nd pay fa such InxKae~p ora~r pirt tMr~of wiMout vwiv~ a a a~y opt {a+. ~Nn. ~4~ih?. a ~i~ht undw w b'f? P
vt?tw of this Mortp ~nd tM full anwunt of Mch andw~~ ~uch payrtw~~t shtll b~ 4m~Mly dw and p~yrbl~ ir~d ~U bMr int~nst
from the date M~eno~unNl p~{d at tM ate of six and slx-t~th~ pK t~t p~? ~nrwm and topti~ with wd~ M?t~nsf shail b~ ~cwed by tM
Iien of this n?ortp~s.
4. To pem?1i~ oannit or wffK no w~t~. ImpNmMnt or ~Mt~riontlon of ssW prapKty or arry p~~t Hrreaf.
5. It is hereb~r spedfinlIy a~~d tl+~t a~r wm or sunu wF~icfi m~y bs loar~cd or advancedyy fM MoR~s~ M tl+~ Mort~a~ ~t any . ~
ttms after tM rocordtnt of Mls i~d~+~u% to~ethK wiM Mbmst thtno~ at ti+t nb a`n~d upon at tlit tinw of wd~ lo~n a advano~~ ~hall b~ ~
eqwlly secu~ed with ~nd h~w tM aa?s PHorihi as tM ori~it~sl Indebtednass. and b~ wbjat to ~II th~ t~rms. and provisbro of tNs mort~apc
Provided. ~hat the ~ure~s~. amount of ~ndw~ a++san~ •e .ny e~m. sh.ti nor.~oc..d an amount.qwl io on. hundnd and pfryr vs. u~e ~
(150461 of ths p?lncip~l arrwunc orisindy seaued h~nby. • .
6. To pay all and slnsubr th~ oosts,. d~~s aod MKkdin~ a rss~otibN attor~ry's fN and ooats of abshact of Ntb in~
currod or patd at any Hrr~t by ~id MORTG/1GEE beaus~ a In tM ~va~t of tM failun o~ th~psrt of tM :sid MORTGA~OR to d~ly. pranptti
and fuitY D~~n+. discha~e. exacuM~ efkcr. oomplet+. aomptY w!M and ab1d~ by ~sch and ~wtY tM sNPu4tio~s. suMn'wnts. oa+cMttont
~ and aoven~nts of sald promissory rat~ and tF~is mottp~i any or Nther and s~id aosts. dw~ and ~eu~s, wch ~nd ~wry. sl+~ll b~
imnKdiately dus and payable; whether or not tMn bs ~wNo~. ckm~n~. attaopt to ooll~tt or sult perdfn~; and !h~ full amo~r~t of wcfi and
wsry wch payment shsll bssr interest fro~n th~ dat~ M~eof unNl ps W at tM at~ of slx and slx-t~ntM pK antur.. p~r anwxn; and all s~id
costs. ch~?`as and expenses so t~currod or pald, to~tthsr witfi wch intKest. sFwll b~ securrd by th~ tt~n of ihi: mortp~.
7. That W in ths w~nt of sny bwch of tNs Mort~ap or d~fault o~ th~ ps~t of tht MORTC'~IVOOR. or (W tn !h~ ~w~nt ~
sums oi mawy heroin rofsrtid t~o br not promptly and fuUy p~W wlthln tht l30) ~nY of s~id ~
rtY d~ys rnxt attK tM s~n~ ~liy b~ooirr p~=~ :
without de~nand or notioe, or (c) ths avent ~ snd w~y tM stiPulations. a?~r~t~. torxptiw~s and oov~+~nb of s~W
and tMs mort~spa~ or either aro not duiy. womptM and tuih wrforn~wd. ~?~ed. e~aared. tf(~cqdL oomPMtad oomplld wNh ~nd
ibtded by. then in eitF~sr or u~y wch ewnt. th~ said •g~hptt wnn m~ntbrwd In :std proer~issory not~ tlMn ~wnakdn~ unpa{d. with Intayst
~ ~l~d a~llmone~rs sacurod hereb~?. shall beoom~ m n
dw and pay~bl~ forthwlM?„ o? tlwnaftK. at th~ aptian of ssid MORTC/1CEE~ as iulty
and oanpktely a if all of tht satd wms of ma~r wrns ai~loall~r sNpulsted to b~ psid on wd~ dh? +~1M+Ir~ M saW praNssory noh or b
this Morttsgs to ths oontary not withshn~~; ~nd tMnupon or tM?after ~t th~ optton of s~id I~ORTC~AGEE, wlthout ~wtio~ or d~nwd.
wit at law or in equiry. may 6e prosec~ited as if ait mootes s~oixrd hereby had m~tur~d prbr to ib 1~NtutioR, ~
• 8. Th~t in th~ awnt that st tM b~lmin~ of or at u?y Mme p~ltK ~rry wit upon this . or to forociow M. w ro retaan ~
it or to enforoe piyrrKnt ofsny clalms hsre+widsr. nW MORTGIIGEE sh~ll apply to tM Court tyvin~~'~lon tlwroof for th~ appolntma~t i
o~ a Reteiver. wd+ Cowt shail forthwith sppoint a ReceW~x. of s~W mortp~ed propKty ali and stn~ut~r, i~e~ stt ar~ sln`u!u tfie ?
incorr~e~ proHts, iswes ud revenues from wlute+rar sowrs d~ri+?ed. ~sch and ewrr of whkh. it belns ~xpnssb und~rstood. b Mrob~l? mort ,
WB~d as If ~peciHaly set fortfi ~nd dessNbed in tM ~rai~tin~ and h~bend~~n clwses Mroof~ ar~d such R~oeiw? d~ll haw all ths bcsd an8 ~
effecttve fir+ctians anQ powers in anywise entnated b~r s Co~xt b a Reoetver. and such appoiMn~t sh~ll b~ n~ by wd~ Cairt as an
sdmitted equify a~d a nwtter of ~bsolute ~t`ht to ssid MORTG/1iCEE. aed without nf~rmo~ 1o th~ adeqwcy or M~sd~qua~,y of tM vsiue of th~
a~~rev~e
~shi
llhi
be ~plisd by~Retei~ of saW .MORTGII~GOR or th~ dsfe~nts. ~nd th~t wch ~ oE~Court~.
aooordirK to tM li~n or equlty of taid MORTGI1iGEE and th~•
9. To arly. won+ath and fu~h ps.f«m. ~schars~. exean~. •ff.cr. oarw~.t~ oomd~? with and .wd. by ..ch .na wMr ehe stiq,- a
IaNons. sgree+r~ents. oorditions ud co~renanfs In saW pranisswy nots and M tl~is rrwA~sp s~t fortlL #
10. That In the evant ths o~wr~s~sFdp of ths nqrtppd Pnn+tses. or +oY Put tt~nof beoom~s v~trd In a pKSO~ Wh~r than th~ i
MORTGJICAR~ the MORTG/1GEE. Its suoosssors and ssstpK. ny1?. without noNn ro tM MORfGl~00R. dsal with wcfi woasfor or wocessots i
In inte?est with ~eferer~oe to this mo~tWee and th~ debt FN?aby seound in fM samt mrxrsr as with Mo~t~s~ot without M+r~f? vwY ~~~t :
or discha?t~~t ~~ta's Itability hs~e~sdK or upo~n ths debt hsreby seax~d. No ~b of the Dnn~s iw~'~b'Y mort~ed and no I~e- ~
. bwnnos on the Wrt of ths MORTG/lGEE or Its wooessors or asst~nns and no txt~nsian of th~ tinr for th~ p~ynwnt of th~ d~bt hK~by sea~r~d ~
~iven by ths MORTG/~GEE or its suooessors or assi~ns shall oqnb to rebas~. ~Re. enodify. cFrnp o~ ~fhtt th~ orisiml Uabipty of -
the MORTGAGOR herein~ eitixr tn whols or tn put. i
11. It Is spedflally ssreed th~t Hnw b of ths es~nos of Mis oontnct ard that oa w~iwr or ~rhr obllption lwwr~la w of th~ ~
obltgatian aecurid h~nby shall at any tim~ tMraft~r b~ held to b~ a wdwr of th~ ~rmt hK~of or of tM M~sMxrwnt s~wrrd Mrtby.
IN WITNESS WHEREOF, th~ sdd MORTC/1CAR h~s F~nu?to s~t his 1~r+t! and sql tFr dry and ~r A~st ~fo~id. - .
Sitrnd. S~aled and dsllwnd In pr~ser~ oh .
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.._!~"u ..._._w_. Ody ~G~C~ ' . ' - ~
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STATE OF FWRIbA - • : ' ~ ' ~ ' -ISEA~1 .
~ St. Lucie ~ }
g.~,. ~,~„~y ,~.,,,,d CHAR~.ES B. McADAM, a single pereon • ~ ~
a+d who exewe«f. Mrs ir~rnr+wnt snd ~ a wr vwil know~ti and kno~w~ to nr w b~ th~ MidfvlQwk d~~bd tn ~
, , ~~i . +d«wwl~l~d brfor~ e~ tiwt Nrp aoo~aibd th~ t++rr for th~ P;rpoNS. t1~Nn ~o~pnsMd.
win~ESS'r
M-'t~snd`ud officlsl fwl tF~._~_~_~.__--~l+q? of--~-"--n~~' - D. 19_~ . ~
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~ z ~ ~ FILEQ.AiVD RECO ~EO ~ ~
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w , < ~ ; ~ ~ 1965 FEB - ~ PM ~2: 58 m ~ ~
. Z ` M~1R T ' '
~ ~ - ~ < ~'~o-a..... ROGER POITRAS. CLERK
~ . _ Q , v ~ ~~v~ ~j ST. LUCIE COUNtY. FLORIDA ~ . ~ ~ ~
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~ ~ux 57