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paky or policies saW MORTC/1GEE shall haw th~ optia+ 1o roaiv~ u+d ~pph? tt+~ suM ~n aaa~nt ot th~ indobt~dness sx~+rod htnbv a i"
permit said MORTG/1GO~S to ~eoeiw and us~ it or u~y W~t 1M~of for otF~ wltha+t therobl? wsivins or impsiri~ any pulh?.
Uen or ~i ht under or by vi~tut of thts Mort{sp: and in th~ w~~t taW MORT~J~ ~II fo~ my rosson hil to kep th~ sdd pnmisN
so insur~, or fsil to deltve. promprly sny of sald polkies of irowar~ to said MORTGAGEE. or hil prompty to psy iullysny promtuin:hehfor.
or tn any respett fail b pxform. disd+~~. ~xean~. ~fhct~ oomP~+. ~~Y witfi a~d sWd~ by tl+is tov~nant. or s~w W~ ~f. s~id MORT
C,NGEE maY Plsce and paY fot wCh inwnnC~ ora~ry part tMhof wtthout vatvk~ or a s~op Hon. Iten. equitY. or ~t~ht und~r o? b11
vima of this Matsage. snd ths futl an?ar?t of ~sct+ and wch PaynNnt ~+tll b~ ~teh? dw and WY+bI~ and thall bsir interesf
from the daro theroof until paid at tM ats of ~Ysnd ya~ t~nt pK anwn+ and to`etMr with wd+ interost shall b~ sew~ed bY tM
lien of this mort~a~e. seven OA~ 8~
4. To pem+it. ooexnit or wfh? no wastq ~mPdmw?t or d~tKioration of ~aid property or arnr Put th~nof.
5. It is heraby specifial1y agreed t1+st any sunn or wrns whkh aisy b~ loancd or sdvsnced b~r ths Mortgs~ee to tht MortWta at any
tima sher the recordi~~ of this indentun. toeetha with intenst thsnon st th~ rsh a~r~ed upon at tM tims of wd~ low+ or +dvsnu. sh~ll b~
eqwtly secured with snd F+ave the same priorily as th~ ori~inal G~d~bt~drwss, snd bs subject to sll ths terms sod provisions of this n?ortQa~e:
Providod. thst ths aQgre~ate amax~t of princlpa) wtstsndin~ at ary tim~ shill not ~zc«d an aowunt pwi to one Mx+dred and AftY PK oa'+t
(15046) of the princip~l anaunt ori~insly s~wnd hs~+by.
6. To psy all and sin~ular the costs. chsRes u+d e~enses. k+chedirK a n~swrbb attorn~r's is~ and oosts of absKsct of tit~ M+'
cuned or paid st any time by said MORTCAGEE becsuse or in the evont of ths hiluro on tFrpa rt of the ssid MORTGIIGOR to d~h. P~P~N
and fuly perform, discF~srge, execute, effect. camplefe. comP~y with a~d abiA! by ~sch and every the stipulatians. a8reements. aonditions
and covena~ts of said promiuory mte snd this mortasge any or eith~r~ and ssid oosts, char~es and ~ses, dsd~ and fvery. sh~ll b~
irnrnadiately due and paysbk: whether w not there be notioe. den+~nd. atb~mf~ or e~ ana tht full amaint of eaci+ and
every wd~ payment shs0 bear interest from the daro tl+ereof u~Hl psid at the ate~~i~and7j~Kaq~CP~ P~ snd sli sald
costs. d+sraes snd expenses s~ incurrcd o? paid. to~ethar witF~ wch int~st. sF~ll b~ seuued bY tl i~n of this matWt~.
7. Thst W in the event of sny b?aach of this MortQage or dtfault a+ thepart of ths MORTGACOR, or (W in the event sny of ssW
sums of money herein roferred to be not pranptly snd fully paid within thirty (30) days next aRer ths same sevenlly became dw and payabl~.
without demand or notice. w tv in the event each and even the stipulatwns, ar~eements, conditioos ar?d oorn~snts of said promisso~r noh
and this mortgage any or eitF+er are not duly. Pron'+Ptiy snd fully p~rformsd. dischar~ exacuted. effetted. car+P~eted canPlied with snd
abided bY. then in eitF~ or amr wch avtnt, the said aggregate sum mentia~sd in sald ~omissory nofr tF~an ?c~nainin~ unpaid. with interost
acc~ued. ar~d siimor~ys secured hereby. shall beoane due and payable iorthwith. or theroaher. st the option ofs~ MORTW1iGEE. as tuly
and compktely as if all of the said wms of money werc originally stipu4bd to bs paid on wch d~y. anYN+lat in said pron~isson? nots or in
thts Mortasg~ w tM oontrory not withstanding; snd M~ereupon or theresft~ at the option of said MORTWGEE. witfiout notice or damand.
s~.~it at law or in equity. may be prosecuted as if all monies secured henby h~d mstwed pfor to its tnstitutio~.
8. That in the evant tFnt at the beginnir~ of or at sny tlm~ ps~K any wit upon Nds Mortgs~e. or to forocloss it. or to nfcRn
i~. or to entorce payrncnt of smr daims here~x~der. said MORTC/~?GEE sF~ll apply to th~ Caurt hsvin~ iurisdlctian thsraof for tM aDiai~tn?mt
of a Reoeiv~er. such Court shsll fortfiwith sppoint a Recsiver. of ssid mortaa~ed prcparty~ all ~nd sinsubr, inchdins sll snd si~ular tht
incorne. proHts. issues and reve~ues from wfiatever souroe de?ived, each snd wsry of wF+kh. it bsing ~xprassly w+d~rstood. Is MnbY narh
as if specifically set forth and described in tF+e granting and F~b~ndum ctwses t~ereof. and wch Raceivsr shsll havt all th~ broad and
ef~ective functions and powers in snywise entnuted by s Court to s Reoaive?. snd wth sppointment shall be made by wch Court as an
admimd equiy snd a msete~ of absolute right to ssid MORTGI~GEE. and without rohrenct w th~ sdaqwcy or inadsqwcy of ths valus of tM
a~~reverw~shall~
be applied ~
Reaiver s~ n~ th~ Ua~Tor puity of taid MORTC/~GEE and practios o~wd~ Court. ~
9. To duly. PromPtly snd fulb Perform. ~scha~e. exscute. efhct. oomplete comDN with snd abide by each snd even? the stipu-
latio~s„ aQreenxots, cartd'itioos a~d covenants in siid pranissory note and in this mort~s~e set fath. ~
10. That in the event the awnership of the mortt~6~ P~~~s. a~Y P+rt theraof~ beeomes vested in s pe~sw+ otF~ tht~ tht
MORTGAGOR, ths MORTG/1GEE, its wooessors and sssi6ra. maY. witMut eatite to the MORTGAOOR. deal with suth suocessor or woosnors
in interest wlth refe~ence to this mortgage and the debt hereby securod in ths s~me n~anne? ss with Mort6a8or without in sny way vitiatln~
or dlscha~ir~ the Mort~s~or's ILbility hKaadK or upon the debt haebY secured. No sak of the premises herebY mort~s~sd u~d no fon-
bearsnce on the part of the MORTWGEE a. its wooesso~s or usl~ns snd no extansion of the time ta the p~yrnent of ths debt hereby seard
given by the MORTG/1GEE or its successors or sssig~s. shall aperste to nl~as~, ~schsrge~ mo~ty. d+~n~e or efhct ths oriain+l liabiliry of
the MORTGAGOR herein. either in whole or in part. ,
11. It is specifically agreed thst Hms is of ths essenos of thts aontnct snd that no vwiver or sny obUptio~n henau+der o? of th~ ;
obiigatian sccured hereby shall st u~y Hme thereafter bs held to b~ a waiver of the terms hereof a of tha ir~stnunsnt secured hereby. ~
IN WITNESS WHEREOF, the said MORTGAGOit hss henunto set his ha~d and seal the day snd year Hrst atoressid. 4
Si~+ed. Sealed snd deliverod in prese~oe of:
I~
~
~
~ ~1~-~-~~ ~'1_~ - -
~g,,~'~ - - - - - - . - ~s~,,u
STATE OF FLORIDA
Indian River u-
courvr~r o~------------------ .
FLORENCE H. McClure, a single person ~
e.tor. ms p.rsona~ly ,ppa.rod
- ~i~ to rr~ wel! known. snd krwwn to me to be the individwls described in
and who e~orpu~t~d.'I~N~ instrument. and atkrawledQed bsfore me that they exetuted the same for fhe purposes tF~ein expressed.
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.;~1r #~Ij~-` ~icial serl this-- - --d~Y of---1-Jn . • -
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~ ' Notary Publk in ard fo? the State of Florida at L.s~s.
€ ,~~~-Y : Wiy oonrnission a~ptres:
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` ~TAh Al110. tTATE OF FtOR10A AT UlI+J< ~ ~
¦~ii ~ MY CAMMtSSION EXPIRES MAR ~3. 1gn
t rA....~li+i•.
~ ~Tl 1 y S ~~~ou~ rR~o rr. OIi~7tf.NOR~T
~'r~ y Z fILED AND RECOROED ~
~ W ca ~ ~y" • ;
~ Z f. ~ Si. lUC1E COUNTY. FL.~. O
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W S~i~~?~i r~ U s-: ~ u A ~ m~
- OCUMEt\!TA
~-_"_.~~iAM~~ ~~g ~~rt' ~ : O3 ~ ~
W ~Z D f 17'69 ~~'~A = ` ~
~ J a 2 9 2 5_ 1 c~-°~ a n v
~ ~ V Cpl~iPTROLLEA i~ ` t~l1'=~~t~ r'~t~l''7"•~aS • ~ ~
T~,y N CLERK C:RCUIT COURT _ 0p
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