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PakY or polki~s aaM MORTCAGEE stril h~w tM option to naiw and +oWY ttr sa~ on aooo~r?t of th~ u~lebt~dne~s s~cund Mnbv or ro pKmit said MORTGIICORS to naiw and ua it or a~y prrt thenof fa otFw p ~po~ without tMnbY wNvir~ c? ~mD+~Hti s~r !4WN. li~n~ or ~i~ht und~r or b~r virtw of tNs Mortsap: and In th~ rwnt said MORTGJ~ A?C RS shall fa ~ny ra~a+ hil to k~ap th~ said ~wnisa so ~nx+rw. or hil to dtllv~ W'omP~b +~+Y of ssid poUcNs of i~uano~ to s~W MORTWIGEE. « hii pro~nptiy to ps~r fuly~? p~an~ium tF~lor, or in sny rapect fall to Perform. diuF+ut~. e~aa+t~. ~ff~tt~ oomPN». tar~+lY with and abids by this oo+?a~nt. a anY W~t Fweof~ said MORT GAGEE nwY Plsw and pay ta wch inwnna or an put tMhof wtthout waivir~ a sffect~u~yop~io~ It~n. equlb~ or ~i~ht undN or b!1 vim~e of this~ aod tM iull smamt of ~ and ~wry wch P+Yment ~II bs i tely dw and payabk snd styil bwr inte~at from ths d~te tl~eo~ -unNl p~id st tM nb of six and six-tenths pK cent psr ar~xn and b~ether with wch interest shall b~ secund by tht lien of tNs nwrt~a~o. 4. To pemnit~ comrdt or wfftr no wasts. tmpainnent a deteriontion of said ~operty or u~y put theroof. 5. It b M+ebY sPecificslly a~reed tFyt any swn or s~ms wF~ith may be foaned or advsnced b~,? ths Mortgspse to th~ Matp~ at any time aher th~ rocadin~ of this indenturo. to~etl~er with i~ts~est tl~eon st the raM aQroed upon at tfa Nms of wch loan or advance. sF~ll be oe eqwlly sxurod with and h~vs the s~me priorty ss the origind indebtadness, and be wbject w all the temns ud provisions of thts mort~s~ec . Provided, thst tF?e a~rogaM amas~t of principal outsta?din~ at any time shsll not ex~csed s~ snwunt eqwl to on~ h~r~dnd snd Hfty psr oent (t50~) of ths ~principal arnount ori~inally securod hsreby. 6. To p~sy all snd sinQulsr ths oosts. chuges snd ~xpa?ses. inctuding s re~satibk.atto~ney's he and aosb of abstract of Ntb h- curred or paid at an~r Hm~e by said MORTG/1GEE becsus~ or in th~ ~vent of the failum on tnapan of the said MORTG/1GOR to duly. promptly and fully perfomn. disct~r`e, exetute. effect, compltM. oomply with a~d ~bids by esch and every ths sNpulations, s~n~nMnts. oa+~tia~t and coveru~ts of sald promizsory note and tNs mort~s~e srq? or dther. snd ssid ocsls. cha~ges and expenses. each snd wsry. shsll b~ immedistey dus a~d paYab~a; whether or not thero be eotice. dcmand, atternpt b ooibC. pr wit pendin~: snd ths full amo~r~t of each and every wcfi payme~t shall bsu interost fran ths dste thsreof unNl p~id at the ate of six ~nd six-tenths per oentum pK annum: snd sll ssid rnsts. cha~es and ex~enses so intuned or paid. toQether with auth interost. shsll be setured by the lien of this matW~t. 7. That W in the wa~t of aey broath of tNs Mat~s~e or default on ths put of the MORTGACAR. or (b) in the went any of saW wms of ntonay heroin roferrod to be not pranptly and fuly p~id witNn thiMy (30) dsys naxt aft~? tM sanw sewrslly b~ooa~e dus and psyabb. without derr~snd o? notite, or (ca in ths ev~ent e~th u~d ewry the sNPulatians. argesm~ts. tooditions and ooveoants of said promissory not~ and this nwrt~s~eany o? NtF~e? aro not duly. PromPth? and fulh PK(o~nbd. discF?uBed. e~oeatod. eNected. oor++Pktd ~amplied with ~nd sbwea by. then in etther or sny such event. tt,s sald s~ro~a rs wm mancioned tn said promissory note then rem.inie~ unwW. w~th tntensr accrusd. and allmor~eys seaued heroby, shall beoane du~ and p~yabls forthwith. or thsrsafter. at the opNan of saW MORTCA~GEE. as fuly and compkt~N as tf all of ths ssid wms of monry wsre origi~slly stipulsted to bs paW on wch dsY. snythin~ i~ sald promissay note or in this Mort~e to ths aontrary not withstan~n~; snd thera~~on or tMreafter at the option of said MORTGAGEE. without notice or dert~+d. wit at bw or in equiy. may bs proa«uted as if sll monies sewrod hereby hsd nwtured p?ior to its institution. 8. That in the avent that at the beginnin` of o? st any Nme peodinQ sny wit upon thfs Mortas~e. or to forecloss it. or to ~~fvrm it, or to e~~otte payment ofany tlaims hereunder, said MORTGAGEE sh~ll spply to the Court havin~ iurlsdiction thsroof for th~ appointmant of a Reaiver. wd+ Court shall forthwith sppoint s Reoeiver. of ssid mort~s~ed property sll aed singular. inclu~n~ all and singular ths income. Profits, issues snd rovenues frem whatever souros derived. each a~d every of whid?, it being a~renlY ~de~stood. i~ herobl? mo~rt gaged ss if spe;.ificalFy set forth and desc~ibed in the granting and habendum ciauses hereof. snd wth Reoeiver shall have all the broad and effective fimctions snd pow~ers in snywise entrusted by s Court to a Reoaiver. snd sud+ aPOointrr~ent shsll be nwde by such Court ss an admitted equity and a matter of absolute ~iQht to ssW MORTG/1GEE, and witF~out roferenoe to the adequa~.y or inad~qwcy of ths value of the P~~Y ~8~ or to the solvency or insolvancy of sald MORTG/~GOR or ths defendants. and thst wch rents. Profits„ inoomes. iswsa and reve~wss shall be sppiied by wch Receiver sooording to the Ikn or equity of said MORTGI~?(',EE and tha p?actioe of wth Courr. 9. To duly. PromPtly and fuly perform. disd+a~e. e~osade. eHect. oanPkte comply with and abide by esch and every ths stipu- latia~s. sgteen~er~ts. tonditions snd oovanants M said promissory note snd in tF~is Rart~s~e sst forth. 10. That in the event the o~wnersFdp of ths nw~tgsged premises. or sny part theroof. beoanes vested In s person other than ths MORTGAGOR, the MORTGA~CEE. its suooessors snd sssigns. rryY. without notice to the MORTG/1GOR. dsal witfi wch wooessor or wooessors in inferest with refe~os b this mortgsge snd the debt hereby setured in the ssme rns~+ner as with MortBa~ without in any way vitisHng or ~Chsr~irK ths Mortp~or's (iabiltry hsroundsr or upan ths dat# hereby xwred. No s~k of the P~+w~ ~~Y ~ti~Sad and no fore- bearsnos ao ths part of ths MORTGACEE o? its wocessors w s~i~ns snd no extensioe of ths tin~e for the payment of ths debt heroby sewrod given by tht MORTCIICEE ot its suoosssors or assl~ns, shall opsrate to release. dischsRe. nw~fy. dw~ge or efE~stt the originsl liability of the MOR7~GI100R twein. sither in whok or in part. 11. It is speciflptly s~resd that time is of ths essaeoe of thts aont?sct and thst no waiver w any abU~atian twreunds~ or of tM obliption sewr~d hereby sF~ll at any tinr th~naft~r b~ h~W to b~ a wsiwr of th~ t~rms M?wf or of th~ inatnxrwM s~wnd Mnby. IN WITN65 WHEREOF. tM saW MORTGJIGOR hss he~nw s~t his hr~d and s~sl the day and ysu Rrst sforesaid. Sipwd. S~sbd ae~! delivrnd in pns~no~ of: ~ - , / '~i _ D~/~~ ~ . _ cs~?u , ~ Fl.,owa? ~ ~ . ~St. Lucie ~ erFon p.raon.iy, ,pp.,~.e j,O~HN N. ~STEELE - ,na IDA ALBERTA STEELE ~,,,,~h, ~ r,,,,, ,na k,awr, to i,,, to e. e~,. trdn,wu,is d~s«m.a ~n snd who e~o~ouHd th~ fon~oie~ irotn~rKnt, snd seknowbdad b~fon nr that thy ~oecut~d th~ saen~ for the purpos~s tF~aNn ~ocpnsMd. ..~~p~, ~i ~..i ril , ti o. ~9_66. = g--•~v~~~' y '(,A Y•'t~ in and t« tl,. sta+. of F~oria. at ~..p. s~int: NO PUBLIC. STATE o( Fl.ORIDA ~t LARGE `Q r~ G; ~~s7!: ~/~3 `f~ COMMISSION EXPIRES MAY 23, 1969 _ / bONDED 7lfNOUGM rqED W. DIFS?iLNOR/f ~--~.r~' G = ' '~pU~ -t: . , ~ ` . ~ , ~ t_ . . : rE;":'~'~ ~ ~ - y = .'~++~et . ~ V h y • , ° Z< z FIL N ECO ~~0 p A ~ o~. z IN_. 900K ~ _ Q » O o o~ ~ w ~ -a ` ~ ~ ~ '66 MAY y . ~ ~ ~D ~ ~ ~ ~ o ~ ~ ~ - 1~ 4 ~ ~ = W~ i ~ r1~ Q 3 ti ROGEFc rOiTR~aS. CL~~~ t" ~ tq v ~ ~ ST. LUCIE COUNTY. O ~ ~ ~ Q FLORIDA ~ ~ I~ p ~ ~ 0 ~ ~ ~ aoo 14 518 - - - F~~~1:~~•~ . . ~ - - . - _ - - x: -