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% , oN~y ~~1`~ ~ ~MY/ 1~1~ O~It10r1 !~O 1'~11~ ~1~~p~I~ 111! M111~ ~1 a0009r'1~ O~ 1~1~ 111d~~'1~ l~O~'Ad I1~1~'V O? h?
i • ~t rid IrAORTGIr00RS 1o Ne~NN ~nd Mr k or an~l p~et Mrnof for ati+~_~pwpo~ wiMo~t M+~'~? wrivini n~ M~p~Mri~ arry ~h?.
~~n~ or~+t w~w ar b~? vNlw af 1hY MabiM~: and M tM wrM~t ~W ~AORT~,1~70R.S ahll tor any nsso~ fail to kMp fM ~rid pnn+lse~
' j ao M+~wr4 0? fall !s drNvrr prahptlr a~!? d aid P~ ~~~O or fa[I prompti~r to pry tul~ ar?y p~tM~ t~?. .
a M any nr~r:R iri) w P~+~. d~~+f. ~P~i? witl+ ~nd sbid~ M this ao~ww+t~ o. a~y pert he~~of. Wd MdtT
i C~AiGEE ~nr~? 0~+ Prf? Ia w~d+ in~anoe ors~ry pR tF~~of withaut w~ivM+~ or a ~+'Y~p~ior~, ~h. or ~i~F?t undK a bf?
! virtw of tNt ard th~ tuH ~~r~t oi Md+ ar~d ~h p~y~w~t aMll b~ I~n~ SaIY dw ~nd psyabl~ ard d~ll bar inirr~st
~ feam tl+. a.t~ t~'unfi~ p.w ac eh. r.~. of six ~-a~neh. p~. c«?: pK anr+~pn .na w~.tn.r with ~,d+ ?nt..est sF,.n b.:.dw.d by tt+.
} lf~n of lhis wiort~rM. I~ .
' 4. To pwmlt~ aomn~t or wfhr no wwM. M~p~irm~e?t a drtNioratian of s~W propKty or any p~rt tFrn~of.
~ S. it b h~~by ~p~cifk~l~y a~~d M~t anY aum nr s~ans ~wl~h may ba Iwrnd or ~dvano~d by tlw Mort=ape to tlw Mart~or at arn
~ tim~ afl+~r' tM r~ao~tli~+~ of tlr~ lndre~tuh. 1o~Nhrr with i~ta~st 1Fwrron st th~ ra» a~~wd upon at t~ ti~•of suth {oar? ar ~d~nir~a. sl+~ll b~ ;
( sqwNY sauc+d with and haN tM s~ P~~M as t1w ori~h+d ired~bt~dr+rs*. arwd b~ wbj~ct fo all th~ t~ums and pravisiwa of tFib mort~a~ !
i Providrel, th~! tls~ ~ph senou?~t of peindpul outstardin~ at any time sl+~lt nof exp~d an Mno~s~t purl to a~e 1~undr~d and f~ffy par osM r
~ (1 SO of th~ p~al ama~nt wi~lly ae~x~d hsr+bY.
b. To p~y sN ar+d ~~ulsr tfi~ oost~. ~h~s and +xP~. Inchidin~ ~ ne~so~++rbb attanta~r's i~r ~nd aosts M ab~lrsct of Ntl~ in-
' aur~d ar paid at Hm~ by said MORTC+AGlE b~caua ar in arrd abid~ by wch~ir~d ~v~rY tM stipulstio~s, a~r~+wnts, oonditla~s ~
j and fullyr v~fonn.
~s~ri+, aoawa. ~fhct. non~st~. aornPh? '
, . and oov~nants of s~id pa++iaory rwh and ehis nw+tt+t~ ~+'f? o? dM~K. and ~id oosts. d?~rt~ and s~s, ~d w~Y. sMil b~ 1
1m~r~telY dua aind pay~blt; wk~th~ or rwt ttwnr fw aotftt. dwnwr?d~ ~tt~n'ipt t+a colkct or wil~ard th~ fuil anwunt ot ~ach and
~wry tuch pay~~nt sh~ll b~u intMSt frorn tht dab tl~sof unHi psid at the rat* of six and 1 antum pa a~rx~n; and all *ald
cosis. cha?~ and ~penses so 1r~aa~r~d or pdd, tosether with wch intanst. aM+~ll b~ sxund by~ U~+ of tl?is nw?t~+N.
j 7. TMwt W In tM w~nt of sny bnrKh of lF~is i~Aortia~+ or efifault on th~ i~t af tM MfJRTGN00R. or (W 1~ th~ ~r?t sny of s+~id
~ wrns of mamy F~in rel~r~d to b~ noR pomptly ard iuily pdd wiM+l~ thirty (30) diys n~xt ~ftW th~ s~nw s~wrally 6eoonw du~ M+d pry~able.
, without d~mard or notio~. a W in thr ~v~nt sich and ~y tht sNPulstio~. ~e~a~a~1*. conditior~s and cav~+ts of ~aid prardssory rwt~
~ and eMs ~o~tppa~~r or iit1~ an noe di+M. ~h and fulh P~rtorn+sd. ~acFyrhd. ~x.a+r.d. .ffatted. con+PM»d c«rw~hd with ard
' aWcMd bY~ tMn in dtMr a ~ury wch ~vrnt,
tM dds~w~a
h xrn nnarrtioewd M aid pra~niswry na~lr tMn ~~Inby unWid. with Int~w~st
i a~d sli s«.~+sd h~nb~r. shsll b~ar+~ dw and p~y~l~ i~orthwith. or thN+ssh~r~ ~c ths option of ssfd MORTCd1CEE. as futly .
~ .e~
~c,ompt.My ~
t~i of ef,. saw s~,m. o~ m«~.y w~. o~t~N se+~uyr«~ ro b. P.id on wd, ~r. •~~t ~w p~a~sory naa or .
thfs Mortpp to tht oontary not wittrtu~; ard tF~~yon or tMrwft~ at tfw optfon of s~id MORTGIIGEE. without notkt or darnand.
f wit at law or in a~quib~ n?aY b~ p~nsaeulad u if ~II monks s~air~d h~rrby hd m~tund prbr to its institution.
; . a. Th~t in th~ ~vw+! that at fhe bKi~r~ of o. ~t anY tim~ Wndin~ arry wit upon thls Mcxttap~ a to torectos~ {t. or to nform
it or to anWra psyrrw+t of any clain~s hirr~.+dr~, sNd Mf~FtTC.I~C,EE s1+s11 apply to the Court F+srrtn~ ruir~d3ctian thKwf for th~ appotntn~or?t
? o~ s R~osivar, wch Court shall i~tfiwith appoit~t s Repjv~r. of s~W martp~ed property ail and sir~ular~ includin~ ~II and sin~uts? th~
= inamnR. proHt's. i~s snd roverx~s from wh~taMrr saures deriwd. a~dv ~nd ev~ry of vv~h. it brir+~ exp?essly urx'l~ratoal. is h+rabY n'?orh
~ if specifiully at foreh and datr~d in the ~~tin~ and Mbendwn dwsas heroof~ md surh Raoeivsr shall F~w sil the bro~sd ~nd
f~w~ctions and po~wers in snywise ~nhust~d by s Court to a Raceivw. st~d sutfi appdnhr~ent sl~ll be r~sdr by wd~ Court ss an
sdMtted equity and s n~ttt~r of absoluM ~i~fit to ssid MOR7Gl\GEE. and witFwut nferer~ to th~ adeQua~Y a' ir~sdsqwrY of tfie value of thr
• p~rc+psrty mortfs~eri or ta tha so~v~cy o~ insoiwer~cy of saW M4RTGAGOR or tM de~fsndants. ind that w~d~ ronts. Profits. iexanes. iswes
and ~us slr~ll b~ appli~d by weh R~oNvsr saoordir+g to th~ lian or equity of s~W MORTGAGEE snd the practiu of wcF~ Court.
9. To duy. prampth and fu~y p~rtorm, disth~rp. ez~a~te. etf~ct. acmpist~ oamph~ with ~nd sbtdt by esch arx! every the ~ipu-
i~tio~s. a~r~arrisr+ts, ea~dttia~s a~d covrnsnts in said peo~ssory notr ~r+d {r~ this na~t~a~e s~t forth.
10. Th~t in tM ~va~t tM a~vnenl~ip of th~ rtw~t~s~ed Pr~mtses. or anY Wrt th~nof, beoon+es vestad in a person other than tF+t
MO~tTGAC~+OIt. t1~e MORTG/RGEE. its wooasors md sssl~ns. maY. vrlthout notica to th~ MORTG/~GOR. dsai with such w~ssor or wocssson
In inlrnst with r~farw~ts to this mort~ap snd the dsbt heroby sowrsd fn the ssme r?~nner as with Mort~~~w without In x~y vwy vitiati~
~ a d~d~e~~ t!w t~Orqa~or's ~aWiity MMwxKlM° w upion tFar debt h~raby secu~ad. IVa s~k af iha pKamisas h~reby nwn'W~ed ar~d ino foro-
. b~rrana an th~ part of the MORTC/1C',EE or its suocassors or ~~ra ~nd no extension of the Hme tor the psyment af the de0~t hereby sacund
~iwn by tht MORTGI1iCEE or its woc~s~s or sssip~s, ~+atl ap~rst~e to role~se, ~schsRe. maditY. chrrKe or ~ff~t the orisina! Ilabilitr of
th~ MORTGIIC'rOR Frrein. either !n wlwlt or In part.
t I. it b ~qtifiulyr arrad th.t tin~ fs of ths .sr~,o. of ehis eof,traet snd tMt no wsiver or ary obi~~stion Me~und~ or of th~
obUption s~a,nd Mnby sh~li at any tinw thsrraftK be heW 4o b~ a wsiwr of th~ temis h~rwf a of th~ kntr~xmnt secursd hsreby.
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iN WIT1VE55 WHEitEOF, th~ a~W MORTGIIGOR ha ~+ar~ur?to s~t t~is har+d and swl thn dsy snd y~sr first atar~id
Sta+~cf, Sphd and ddiv~~sd fn phs~no~ oE:
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A E OF ~LORIQA
Indian River }
oourrr~r o~
v~,.~? •vP..~a .Joseuh Peoni _ , , ~ .~a
Blancbe Peoni ~ 1~ ,,~ti. w m, wsl~ k,aw~,, ,w,d ic~w~, t~o m, w b, N,, ind,~?wu.it e,.alb~d M
and wFw ac~out~d tiN fayoir~ tn~tn~nt, ard ickrww~+dNd b~Fa~ nr th~t th~? ~wcut~d th~ ssnw for eF~e pwpos~t tMnN ~nsMd.
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~ • Motary Pr~ic, State of Floada tt iar;~
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' ' J'~ l~Ay ~sioM Eapi~a Dec. 1~,~S~b
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~'A l.. 1~'i . e..r.+ a A.«+~.. rr. a c...sr ;
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W .~,~„N~~ Z~ Ft AND RECORD~ ~
A ~.o~ ~ ~ ~ a
- a » c BOOI~ ~'q M ~
w ~ < ~ ~ 1965 0'tQR 23 ~M ~ ~ S v~ ~ .
~ ~ ~ _ ~ o ~ , SRO~ER POtTRAS, a~ ~ "
~C . a a , ~.a~ EuciE couHrr~ f10R1DA ~ ~ ~
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