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polky a policies said MORTGAGEE shall haw ths option ro naiw and ~pply 1tw san» on aocount of th~ indebt~edness secund hKrbv a rn
p.rmit said MORTGII~GORS to roosiw and use it or any put thtnof fa otMr p~urposes without thenby waivin~ or impsirir~ sny putey.
lieo or ~i t undv or by virtw of this MottWi~~ and in tFM ~~f ssid MORTGi/1~('IORS shdl fo? any naon fail to k~ep tM s~fd P~+?t~s
so i or hil to dellver prompt(y any of sald poiki~s of inw~anor to said MORTCJIGEE, o? hi! pronptl~r to pay fullyarry pranium tlwntor.
w in any respect hll ro perf~xrn. ~scfyrp, ex~cute. tffect. oompbt~. caniply with snd abide by tht: aove~nt, or a~y pan hereof. ssW MORT
GNGEE may placs snd pay for such insura~c~ o? part thenof without waivtn4 a affec ' any optian. ~ie~. equib. or ~ight urdK or b~?
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virtue of thls Mat~a~, and tM iull sma~ni of e~d~ and ewry sud+ psyment shall bs i tely due and payabk a~d shall bssr ioterost
from ths daro theroof until paid st ti~t rat~ of six and six-t~+ths per cent pu an~um and toQettxx with such interest shail be uwrod by ths
lien of this mortW~e.
4. To pemnit, oomrnit o? wffer no vwste, imp~innent or deterioratio~ of sald properfy a u~y put theraof. ~
5. Ic is heroby spetificaily asreed that any wm or svm which may be lo~aned or advar+ced by ths Matga~oe ro the Mortgs~ at sny
time after the retording of this irxkntu% togetMr with intsrest tMreon at the rate agroed upon at tF+e time ot wch loan or sdvsnte. sF~ll bs
eqwlly setu~ed with snd have ths sams priority as tM originai indebtedness. and be wbjett tu all tt~e temis snd provisiau of tlds mortga~e:
Provided. thst tha_~~ga to amar~t of principsl outstar~din~ at ~ny tirne shill not exceed sn amaint pwl to o~s hundred and fify per ce~+t
1i5096) of ths principa) anwunt originaly securcd hereby,
6. To pay sil ~nd singula~ the oosts. charges snd expe~uas, includi~+g a reasonable s 's fce and costs of sbstract of titt~ to-
curred or psid at sny tim~e by said MORTCIIGEE becaus~ or in Nr avont of the faifure on the part o the said MORTGAGOR ro duly. pranptly
and fully perlorm, disthsr~o. exewte. effett, ~~P~te. oomPhl with a~d sbide by each and every ths stipulations, agroemer~ts. oor~ditio~u
and covenants of said pranissory rwM snd this ~r?o~t~ any or Nther, and said ocats. chargas and e~uas. esch snd arery. shsll be
immedtatey due and payable; wFiether or not them bs notics. demsnd. stt~r~pt to tollect a wit pen~n~; a~d ths tull amo~x~t of e~ and
every such payn~t shall bear interost from the date thereof u~Nl psid at the ~ate of stx snd six-tenths per untum pe? smum; snd all satd
costs. chs?gos snd expenses so incwred or psid. togatl+er with wch inte~est, shall be secured by the lten of this mort~sQe.
7. That in the eva~t of any broath of thls Mortgs~e or defauh on the put of the NIORTGAGOR. or (b) ln ths evant ~ny of said
wms of ma~ey herein refsrnd to bs not pramptly and fully p~id within thirty (30) days nsxt after ths ~me sewalty beoo~rr~s due and psyabN.
wittwuj demsnd or notios. or (cJ in ths ave~t esd+ ard every the stipulaNons. +r6cema+ts. conditioos and aotienants of ssW raM
bided ~t~ +~+Y or either am ~ot du~Y. P~'a~'~P~Y snd ~ulb Perfo~med. ~xMrBed. execut~d. effectsd. oompletad complied wi srd
by. then in aitFx~ or my sucF? went. ths saW sQgro~ate sum mentioned in said promissory nots then ransinin~ w~patd, with interest
socrusd. and all secwad herd~r. shalf bsoome dus and p~yabfe ~orthwith. or there~lter. at the aphon of saW MORTW~GEE. ss tutly
and compJetely u lf a I of the aaid wms of ma~ey ware ori~in~lly sHPulated to be WW on wd~ d~y. anythinB M said pra~dssory nota or in
this Mort~,a~s to the oontnry not witt~standir~; and theraupoa or thereaker at the option of said MORTG/1GEE~ witha~t noHos or damx~d,
wit at taw or in equity. may be proaecutod as if a!1 monies sepued hereby had m~turod prioir b its institutlon.
8. Thst in the event that at the beginning of or st am? time pending sny wit upo~ this Mortgsge. or to ioracloae it. or !o mfonn
it, or to enioroe payment of any clsims hereurder, said MORTGAGEE shall apply to the Court Frvin~ jurisdiction thereof for ths sppointmcnt
of s Reoeiver. wd~ Court shall forthwith appoint a Reoeivar. of said mortsaged pnoperty all snd sirtgubr. tnclu~ns sll and singular the
income, profits. issves and reverxiss fram whatever source derivsd. each snd ewry of which. it beinq e~ssb understood. is hereby mort
gaBed as if specifically set forth and described in fihe granting and habe~disn cbuses heroof. snd wch Receiver shalt hav~s sll the brcad and
effcetive iunctioru sad pow~srs tn ariywise entrusted by a Court to a Receiver. snd wch ~ppointment shsil be mads by wd~ Court u an
admitted equity and a matter of absolute Nght ro saW MORTG/1GEE. and without rofe~enoe to the adeqwcy or Inadeqwcy of the value of the
P~Y ~6~ or to the solvency or insdve~cy of said MORTG/1GOR or the deferdsnts. ud thai wch nents. Pr'oHts. inoonnes. Issue~
and reveixies sh~ll be spplied by wd~ Receiver aocordog to the lien or equity of said MORTGAGEE s~d ths pnctioe of wch Court.
9. To duh. P~'~Pt~Y and ful~Y P~, discha~e, e~aea~ta. effect. oomplete oariPh~ with sncl abide by each a~d every the sNpu-
lations. sgreemeMs. conditions and tovensnts M said promtssay nota and in this mortQa~e set forth.
10. That in the event the ownership of ths mortesged premisea. or any part thereof. becomes vested in s person other than the
MORTG/1GOR. the MORTGAGEE. its wooessors snd assi8~. rr~Y. without notica to the MORTCACAR. deal with wch wooessor or s~rooasors
i~ interest with referenoe to this mortgage snd tt~e debt hereby securcd io the same manner aY with Mortgagor without in any way vitiatin~
a~Ri~B ~~6~'s liabiliy F~e~r~dar or upor~ the dsbt hereb~? sea,red. No ssle of the prcnuses hereby mwtgaged and ra fo+s-
bearsnoe on the part of the MORTGACEE or its suooessors or sssi~ns and no extensian of the time for the payment of the debt F~reby sewred
given by the MpRTC,l1~;EE ot its wooessors Or assi~s. sF+~ll openb M release, disd~arge. modify. thsnge or effeet tFte originai liability of
the MORTG/1GOR heretn~ eithe? in whole or in parf.
11. It is spec.ifitally a~ro~d that Hme is of the euenos of this oontnct and thst no wiivsr o? any ebltption F~a~aundsr or of th~
obligation sewrod hereby shall at any tima tMnaftK b~ heid tu be a waiver of tM Nnns hereof or of ths instrument sewrod heraby.
IN WITNESS WHEREOF. the ssld MORTGAGOR h~s heiwr?to sat Ns Mnd and ~1 the day and year first aforesaid. #
Si~nal. Sesled and deliv~tred in presenoe of: ~
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w7E OF F~OR1Dl4:: ;
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~,~~;~;,~G GEORGE ESPOSITO
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- ~ ws wir.. to m. weu kno+wn. snd krwwr+ to nn. to be t+,. irdividwls d~orib.a in ~
~ th~ ~ i~rurnent. and adcnowl~dpd b~fon n~e tMt tFwy s~ncuted the samt for tM~ein ~apnst~d. ~
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Nobry k in and for tM Stats of flaid~ at L~~e.
My cammisRion ~xpihs:
(Notary Seal) ~qry ~ pN;d~ ~ t„~,
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W ° FILED AND RECOROEB
Z~ Z ST, LUClE COUNTY. FLA. ~ A
Z RECORD VERIFIED ~
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