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1t is furiher covenanted and made the essence hereof i?~at in case ot dElault toc th'uty days in the payment o! any
~ums o! money ta be paid hereunder by the MortqaQor or ia the performance of any of the covenants herein on the
; part of ihe Mort9avor to be perEor.-ned, then it shall be optional with the Moriga9es to consider all unmahued indebt-
~ edness or liability secured hereby, includinq cmy additional aums hereunder advanced and secured hereby, and cmy
~ interest due thereon, aa immedic•tely due and payable, without demand and withoui noiicb or declaration of aadd op-
~ tion, ond ihe Mort9aqee shall have the right torihwith to institute proceedinqs io enforce the collection of all monies
i secured hereby includlnq ihe riqht to foreclose the lien het+eol.
The Mortgagor hereby wuives all riyht o! homestead and exemption granied by the Constituiion cmd laws oi Flor-
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~ ida. It is specifically aqrsed that time is cf the essence ot this contraM and ihat no waiver by the MortgacYee of ~y .
~ obliqations hereunder or ot the obliqation secured hereby shall at any time thersafter be held to be a waiver of the
~erms hereof or of the obUgation secured hereby.
It is covencmted and aqreed ihat the terans "MortQaqor" and "Mcrtgagee" Ior convenience herein employed, cmd
any pronouns nsed in connecHon iherewith, shall be oonstrued io include the plural as well as 1he sinc~ular number,
and the masculine ieminine and neuter .qender, whenever and wherever the context so admits or requires; and that :
all covenants and obliqations of the tespective pauties hereto shall extend to and be obligatory upon theU heirs, leqal
reprasentatives, suocessora and assi9ns.
The MottqrWee a~ay collect a"lute charqe' not to exceed five cents (Sc) for each dollar 4~1.00) of each payment ~
more than ten (1~ daya in arreaa~s to cover the e~ expense invol~ed in hamdlinq delinquent payments.
Tbat the Mortqaqee may. at amy time pending a suit upon this mortqaye, apply to the court havinq iurisdicHon
thereo# for the appointrnent of a reaeiver, ~d such caut shall forthwith appoint a receiver of the premises cover+sd
hereby all amd sizwulau', includinq all and sinv~ar the income. Profits, issues and revenues from whatev~er ~ource
derived, each cmd every af which, it beir.q expressiY understood, is hereby mort~ed as if spec~~allY set forth cnnd
described in the ~tinq and hQbeadum clauses hereof, cmd such receiver shall have all the braard cmd effective funa ~
tions and powers in anywlse entrusted by a~urt to a receiver, and such appointment shaA be made by such couri ,
Qs an admitted eQuity and a matter of absolute right to said mcxcQavee, and without referenoe to ihe adequacy or i~ !
adequ~cy of the value oE the property martqaqed or to the solvency or insolvency of soid mortqaqor or the defend- ~
cmts, ~d that such rents, profits, income, issues cmd revenues shall be applied by such receiver accordinq to the €
lien of this mortgc~qe and the practioe of such court. !
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W WITNESS WHERE~OF, the said Mortqagor has hereunto set his hand and seal the day and year iirst above ~
~vritten. " '
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Signed, ed elivered in the presenoe of: ~ ~
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Witness• ~
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Wihless• L'`-~
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STATE OF FLORIDA ~
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COUNTY OF ST. LUCIE ~
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; I I~F~Y GERTIFY, That on thls day, before me cm olficer duly authorized in the State and County aforesaid to ~
€ take aclrnowledQements, personally appeared Alonzo Haywood ond Katie M. Haywood, his wife ~
; to me known to be the person described in and who ezecuted the foreqoing instrument, and WhO acknowl-
~ eciqed belore me fhat theX executed the ~c.vne as their free act an~ deed for the uses cmd purposes
~ therein stated.
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~ WITNESS my hand cmd offldal seal in the County and State last aforesaid thts 25th day of ~
Febuar A.D. 19~~ . ~
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~ Notary Public, State of Florida at Lame ~
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~ FIL~'D for record the - _ day of 19_. cmd recorded in
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' '~tortqage B441C_ paQe, _ _ ~-the-~lie-reeorc~s--of- -
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Clerk, Cinvlt Court
~ LEO AND RECORDED =
~ETURN TO: HOUSJNG DEVEI.OP'M~iT OORPORATIO~ •
ST. LUC~E COUNYY~ F~A• ;
x P. O. Box 7337 - r(~ R''? = i;IF 1 E D ~
o~rTno. ~.o~A 19a434 ~
2 ~ :45
~ 'ZO MAR
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~OOIt~~ f~E S~ 'CF~ ~ ~ COURT:
~ CI.ERK C~P,CU1T ;
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