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~~~~~res~h~~,ro~~~w.~.~w..~aw~c~a~~~e.
ti~s .han ba.e tbe at tbeie aptiom. afca cue doiaR oE « t6e o~i..ioa ~o do&br t6s~ ot u~ ~ra parc o~
t6eir le~sl rePraenta~ w a~t oe thiu~ w6ich a6a11 eon~titute s defanit ia o~ aeh aW? aE tL~ ~erm~ ooodi-
tans u?d oo~aanb herein oe in ssid aota oontained. sad npon tha oo~meacemen~ in a eoo~t of eompeteat 3~die~o~. oE .
a sait foc tbe fo~ectosnre oE t6i~ aartaa~e. ofapp1~ foc, eit6er in aad b~ t6e ori~iaal W'll foe toncloswe or otberwjae.
snd sM11. s~ sn Maiq? hereb~ admitted aad confas~ be eatitkd. as a mstter of absolnte ri~ht baeanda and witlw~at
~ to tbe valne ot the 6ee+eby a~o~a~ed~Premix.+.prop e~b? and ahte. o~ t6e aeauib t6a~sfoe ot of tha rasoo-
sb eaas ~ espedienc~? tberwf or tbe sol~ c~ oc ia~ohenq of the partia of tbe ffi~st pact oe t6eir kyal rep~aeab-
tira„ sad witLoat noaoe to ssid patties of the Mt part ae their k~al repramtati~a. to t6e appoiatment oE some sattabk
persoa o~ oocporati~ ss a reeeinu for t6e ProVatia. Pnmises and abte 6a+eiasbo~e ~e~psdtp~'es~oE t6e first
snes. income. re~enne snd pr~o~t ti~ereof, such appanm~wt b~ Lerebs s~e~ib ad~tceed by
~'bed t6emael~es aad their 1ega1 repsaentibves. ~o be aaoasaR to aderlnstd~r ~ecnre tLe indebtedow berein de-
Snch rece'ner sball 6a~e P~ to enter npon. rec~re. t~eoo~a aod Wceoo~~
kt~ mtiee and e~oelnsi~e Posxssion
of aaid ProPutp. Prcaaises aad estate. and ot the reab. issna. mooa~ se~mue aad profib thereof: to O~e*~y mai~•
tsin. defend snd protect sncbpo~aaon and ~aid pioperl,~ and eabte: to leaae the same for a terw to be ap-
pro~~ed b~ tl~ Conrt: to p~ sD t~oa, assasmentsp~s tl~t sre or ms,p beoome liens thereoa: to l~eep the
farnitnre aad fnctnr~s tbereon insnred ajainst f~_wiad~ stam. theft oe ot6er diasta: to oolleet snc6 iasoranoe~ ~ tbe
eveAt of sneh diaaster aad to apply the proaeds thereof ss the coart poay direct: tio mske reasowbte oc neoassr~ :epairs,
aad 6e sbsU hsve such other powers as mV seem proQec to tbe Co6n. .
sa~ nca.u. aker ~ncc~ au cb.~es and ex~enses :cc~a~ung sne~ rece»erswa swau s~b d,e residue of w~a
o~r
o ac~d~icie~e7
thst mqr a~rid~e~
sto~ pa7meat ~e pro~efeaeda
of t
~le
o~ P~rem'i~sa.
p~ropertr ~seeu~
to tbe smonab dne nnder t6is mo~agG and the noteses l~erebp sectired. iaclnding interes~ attorne~'s fea snd oosb and
e:penses ot ssid foralosnre. ,
PROVIDBD no default exists under this mortqaqe, the note hereby secured,
or the Loan Agreement executed simultaneously herewith, incorporated
herein by referencet party of the first art reserves the riqfit to have
released from the lien and operation of ~his mortgage any lot or portion
thereof shown in Blocks, M,N~O,P,Q,R and S of the plat of Section nBn,
H lid Out, to be recorded in the p 1' r ords,of St. Luc~e ~o ty, *
F~ ri~~, uQo payn ent o th sum of ~,~~0.~~ against the principa~
~?tia tl~s ~i?uu~ ~.rt~s `of tl~s ~is~t ~at ,,~reb, ..a;~e .n ~c o~ ~.aaa ex~ve~on m ,ua
~~If ~Ol~ sad the notea and ,~onpow secnred l~oreb~ are Lo be coustrued acoo~+ding to tbe laws oE t6e
Seate of Fbri~da where the ssme sre emnted-
The term or ca~ms. "parh. partia. sraator. S~Dtor~ sn°~e. sri°tees. mo~t~agor. aa°ctga~°rs., m~a~.
mortgagees, his, l~er, its, t6ar. Prope*h. propatxs~ Pn~s and esch and e~a7. tam nsed haein Lo aes~gnate eit ,
sny or aU of t6e parties hereto the snb~ect matter hereof. sbail be taken u sia~nlar oc ,plntal as t6e oontezt tnsy
admit oc reqnire and sLap be coastrned to meaa snd spp1Y to each and e~erp the respeetne psrties snd/or propat7
hereia imolved; the expression. "legal repreaeataMes" as used herein shail be oonstrned to mean and inclnde eacb and
e~reqr the heirs. ea~ecntors, admuristratora. snccesson and assigns of the parties bereto; all coveasnb, agreements. aad
nn herein shaU be eonstrned to be joint and se~enf; and daignation herein of an~ party or p~rtia hereto -
ahiU~e not onir the parties berei~ speci~call named. bnt also each and e~rerp hi~, her. ib and/or their han.
execntors, administrstors. sncceswn and assiigns. ~l~e word "nota." or other description of the e~idences of indebted-
aess herein~ shall iacinde the evidence or evidences of the principal, indebtedaess hereb~ secared and anr and all ac-
tensions snd/oc renewals thereof. who!!r or in part, and aiso the mtcnat conpona, if any. and aar and all sdditional.
other and/or further conpons covering any period or periods of extension or ceaewal.
~~'~tOf~ the parties of the first part have caused these presents to be e~cecuted in its
corporate name and its rnrporate seal to be hereto affixed, duty attested, the day and year first above written.
Sign d, sealcd and deliver~d in the presence of HOLIDAY OUT IN AMERICA AT
ST. IE, INC.
~f ~.~.~~9~, ' .
f ~ " Bil . ".:Z~..~»~»~- .'`3.«~~«~r.«_ .
. . . . Attest • .1.~_. :
=~7 = - -
~ . _ .
~Q~ ~.~~~i~, - ~ ` ~ - `
' . ° , ' ,
~~ti~t~r of ~~.1. ~ ' ` -
Before me, a notary public in and for the State of Florida at Large, perso~slly `sypeaced
the Presideat of
a corporation. and
the-•-----------------•----........--------...._.secretary of the aaid
corporation ; the said persons being knowa to me to be the persons who executed the above instrument
on behalf of said corporatioa; and they acknowledged that said president aubscribed the
name and the said secretary affi~ced sad attested the seal of said corporation to said
instrnmeat, and that they signed,- sealed aad delivercd said instrumeat by anthoritq aad on behalf of asid
~ corporation aad that auch acts were done freely and voluntarily and for the uses and .purposea in said
instrument set forth aad that such instrument is the free act and deed of said rnrporation.
~I~ ~I~t$r8 ~htx~~ I have hereuato aet my hand and affixed my of~cial seal this ...25#~i...__
day of $e.P.t~_._.~~__----------------_...._A. D. 19_.b.$.. at ;~_._Jracksnn.ville.~...._--___.._.._._~._..~,
in the State aad County aforesaid.
• Notuy Public, State of Fiorida st Large.
My oommissioa expins _ .............~...._..._.___..w._~.__._.
aooK1?3 ~acE~65s"
iO11M ~-AY~ROft
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