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S. Thst (a) in tl~e iw~eat d any b~each ci this mortW~e o? dcfa~dc ow the part of the a?fwtRc.~c?t or (b) ia tbe
tvcat any of said sueas of money hrrrin ~tferred to be nos prompdr anJ (u11y paiJ sc :l~e saiae scvcrally b_~cra~c due •nd
parabk, or (c) ia the ercat aaq oE the oaxlitiocs a~d o~tuants of the aw note ot aay ~racwal. e:temion or modi-
f'~catioa •~eof, aixl of thls mat6ase. ue not p?anPdY tad t"ully pe~fnrmcd~isch.ir~rd. c~unplird .m-h a.Kl alr.ird hv,
tl~ca, in either a~ ~ny such event, thep~{ocip~ sum set out ia the mortt~~e ~ote theo remaiain~ unpaid, tc?~reher ~rith
accrued ie~tnat, and dl moneys secured Aereby. sMi! beooaic aed be ima~ediately dur and payabk at thc eptau of Mo.tga6es
without aotice or demand .vhich are he~eby apressly w~aived. in which eveet lfo~isogee may aw,~il itsclf of a:l ii~chtc ud
remrdies, at law or iee~c~uity, and ~his awrc~e msr be f«eciosed v?ith all ri~hts a~d re~anlies a(fwded by thc lavrt of
Florida and ~lo~tp~on slull pay ali oesb. diarSes aad a~eusa thereof. L~dudiag a rcaso~wWc ~tto~vy's toe.
9. No dclay by lllai~a~te in attrNc~ng any riFht er ranedy hereunder. or othcr.vise ~ftorcird by la~v. ahall eperatt
u a waiver thereaf or Preclude the exen.~ise thcreof during the roatinuance of any defauli h.rcwnkr. No.vaiver by ~ta~~a ~
of aay defaWt shaq coastitute a vraiver of or coosent to subsequent de~aults.
to. lf defaWt be awde ta payment, when due, of auy indebtedaess secured hereby, or ia perfo~manoe of u+r uf
Ddatg~gers' obligatio~. Ca?venana o~ aarements htrturda:
(a) ~IaiRage~r is autho~izcd ~t any tinse, without ootice. in its sol~s discretion to coter upoa and take poaessiun
of che a~e~agedp~ope~ty « a~y part thereof. co pe~fom, any acts 11Io.tRa ee dee~ necessary orpr~ co eonse~ve tbe
serunty a~d ta aiUect and reeeiv~e all rcnts. issua wd ~xofits thereof. indw~g those past due as weU as t6ose ~
thereafta. aad
(b) Ia the event suit is instituted M forcclose tAis mo~tga~e or eufocce payment of nnY dauos hereunaer.
Wortaegee shall be entided. u a matter of strict right and ~.ithout ~ard to the value or adcquacy of the secu~i:y. to have .
a neeiver appointed to enter upon aad talce p~ssession of the mnrtgagetii P~perty. eolleet the centc ar.d p~fitc tl~.erdroan aod
appfy tl~e same ss the couit may direct, such ~eceiver to have all the rights aud powus pamitted under tho laws of F{o~ls.
in either snch case Ma~tgn6oe o~ the receiv~d mar also take Doasessioa of aod use arry and sll ' pe~sonal propcrty ;
rnntsined in the premises and used by dlmigoRm in the reatd or leasing therca~ or aay part thereof. 'll~e upc~ue - >
( includinR recei~~er's fees. counsd fers, costs and aRa?t's compensation ) i~urrcd pursuant to the powets hemin con-
ta;ned chnq 1~ securrd h.~rcM?. 11lo~tgaRae ~)wll (sfter psY~+t of ap costs and e:peasa tnc~ucedl ~PPfY anch rents.
irnm and profits. receivrd by it on the inckhtednea secured 1~errbY in cuch ord~ as ~11rr.~~leee d~trnni?.es. 'I1~c
rif~t to enter and taice 'nn of the mcutgai~ed Pr~ty. to manage and operate the sAme. and to milrct the ie~ts. ~
iscues ana pmEits i . wl~ether by a teceiver or othen~tse. shal~ he cumulative to ar~r ather *i~let or mnedy henunder oe
a[fordcd by law, arnl may be acerci~ed concu~rentiy tbercwith or inckpendently ti~ercof. 1?toitgages s6aU be Wble to aceount E
only for such oeats, issna u?d profits actnaAy reocived by N~SaSa. !
il. 1lfortgogo?s shal) duly. Pr~mptly aod fulty paiorai, discharge. comply ~~~eth and abide by each andeve~y covca-
~nt and conditioa ia the mort~ge octt or any rcnewal. exh:sien of awdificatioa thereof. and ia this mat~aRe set fath.
lA 'Iitie oonvenants and conditioas baein oontained shall bind and the benefits and advantages shall innr~e to tl?e
nspecti~e I~eir~ executoR aclministrators. succe.ssors and uwgns of the putics hereto. Wherever usa1. the siagulu numba
shall iadude the plural. the plunl the sin~ular. and the use of aay gender s.'~aD applicabk to all gende~s. All oovemnts, ~
ag~eeaaena and andatakings shali be 3~c and se~vaal. ;
13. 'I'fi£c ~no~tgaRe and th= matgage note constih~te a Ftorida oootrad and shall be comtrued acorciing to tbe iaws - ~
of that Stata The .Nortgagors hcreby waive all homatead eiemption sranted by the Coa~titution and I.aws of tl~e State oE
Florida. ~
1!. In unler tu arratr and maintain a(und for the paymnu ot taxes, aaessmrnts and insunnte prrn?iums. ~he uader- ~
~igncd shall pay to ~he Mortgagee. in additioo ta pa)mrnts specifinll~ required under the oote secured herebr. in iaslalments
•.~n the Ist dar of each mon~h a~d in the amount requated bp ihe ~for~gagee. sums ~rhich vrhen xcumulated will be wBicient
ias cs~imated frwo time tu time bY mortgagce) to pay o~e mon~hp~iur to the same becuminE due and payable. all ta:es, assess- }
mrnts and insurance premiums. If suth sums enceed the amount so required, the excess may be tdeased or held by the 1liott- ,
gagee to apply w~ subscqurnt paymrnts o[ the same ~ature. but if sach sums a~e iruul&irnt. the undersigned agree to pay aa~ ~
deficirncv upa~ de~~and. !f the undersigned shall detault under this mor~gige. Ihe ~tortgagee ~oay appi)• all or any part of
said (unJs Ihrn hcld, on any obligatiau secared hereb}. The undeai~ned agree that such i~uulmmu sop~ id mar be rctained ;
and hrld by the Mortgagee Mithout interest a~d shall not be deemed to be trust tunds and that transfer of the lega) titk of tl?e ~
mortgage premisa shall aucomatiulh transter to the nea o~ruer the beaet~cial intncst in the Eund. ;
iN R'ITNESS WHEHEOF. the ~lnrfgagon bave aaa~ted t un~ seal ~ day and Ydr &st above f
writtta.
s~ ~~a a~t~.~ - '.or e A. a 5y; "3r: -_...~._..__(s~?t.)
' s„ed.
I tn the presence oE: ~I ~
k . ~~S.c.__`:.___-- . .____.___.._.(SEAL) - I
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~ ~ ~Mae E. Saleeby
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----~is ' . ._~iJ'G - ,
ST'ATE OF PI.ORIDA -
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Coutv'rY oF ~ y: S?'E. . LQCIE -
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~ .~~~y SAI+EEB
_.._~p~~---~.__ S LSEBY JR and_ MAE. E. Y.
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io.ine well kaowaa7~d~own to mc to be the individaal_..i3.....described in and a.}w acecuted tbe foregoin8 in~nmoa~t. and
K ' ~IJTl,1:~. S : .
aclcnow'1e~~ed~ls~osenne tbat._------- they_------------ezecuted the aame for ths purposes thaein ap*e.ssed.
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~ ` ~~j?I'rNLSS.~my t+and and dficial sal tLis...__.~].~....__ _~d~y of..._.._ .to_ r ' is.66__
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~ ~ ~ - ~ FI~ED ANO RECORD '
~ • - : i. ST. LUCIE COUNTY. ~L . p~~~ State of ridla ~t-I.arge~ ^ Y~
~~^eRn ~~ERIFIEO My ~,~A -
SfATE OF FLORIDA 1_~(~{~(~ jllY ~ MISSIOt1~EXPER S DECO.A17.L1 dN `
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~ .~Vl~l i OF"'_'•"""""""""'AJ~-...~~Vi-•".•~•N ._-i-~."''{.-1~. ~ o0i/06D iMROUGM FR=D W. D~ESTELN: 3
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BeEore me PenonajlY aPPeared--------
~ and_ {:0 `v: ;2 ~ O:TR :S ~ , to me weD kiawn and knoa?n to
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~ ctERx-~rRCUrr~~covRr---
~ ~ me to be the-•-•-._...•--...._.__..._.---Pres~deat anc1....--•--._._.__._.~...---_....••--._.Secretary, respectively, of...----.__---•---••------•-- -
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~ . the corporation r.amed in the furegoinq irst and
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~ ~ k~.~a~n to m~ te lx th~ ~persnns ~~•I~o ac huh officers of caiJ cnrporation exec+~t~d the same; And Ihen an~ re the uicl
~ officer~ of caid rnrpnration dicl ackcwwlal~e heforc me that caid inctn~ment is the free act arxl deed o~ J rnrporatan hy
' thPm recpPCtivelv c.ccit~l ac cuch nffie-ers ior ~he pn~~..t~ the~rein eaprecc~rl• that thP ceal thereunto attachc~el Lc the rnr-
~ porate a-al by them in Wce capacity a[fued; ap uncler suthor;ty in them duly vested by the Baard of Directors af said
' co~ration.
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j R'IT~ESS my hand and ~fEicial sea! ihie-- --------------day of.---------.........--•------------...----- y 19.__......
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~ i BOOK ~59 P~~ ,~.r .-••-----••"^~tary R~blic. State oF Florida at l.arge I
_ • INy commission e:pires: ~
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