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~ ~iwr ~dMwl •~1~i.y wtwrilwa itK aMllaw h t~t~el~r? N r1Nti~M IK?~ww~M~. ~ r~ ~s ~wM ~~~M ~N ~ ~
b tMi~ ww~f~M. ~wd M~q M~? MM~rI trww iM d rMM Ilwwl N IM r~N~~y-~ M 1~ M~ ~~,M~M
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? T~ ~ t. aw111wd1 .r NI~a w~ ~~t1~. ~yr rM11 M M1N1~ts11aw d MN M'~M~~f. ~M7 M~1 A~fMf. w•~1 ~ fdluf~ af IIN ~
~~t~M' ~ tM MNW1w~ ~w ~M ~~r /w ~so~ caw~ItMw d e~ Ir iM i/~~s~ ~i ~w~ pr ~y~ M MI~
M 1~[t+r~t (p tAr ~w~awl ~f Me~tIV. l~e Iw~~d1aM ~eMieewl ~ tM ~e?1 YNA~ +~.~+~?w1 ~wi lM 1~IN~R d tll~ •,~~i~pt
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+.a a..~.W .t ~w• r.~.~. r.. . .r IINMf~~ ti~l ~Il aaN1t~N a Mwrl~ .I fl~ ~M~ss~. ~wd, N iM~ d tAe ll~eliy~.
Ilp~fd~lt~? ~~YI• lAf fM ft r M~~~ M~ ~1ff~ ]M'~ ~fM~~ ~M {~r1'd1~f~~r N1+ 4Nl~wl IMtk~. 1M
Pt~dUp b teMt1aN lW ~Kf~eM ~aQ ~Klf /K IM ~Nt ~s IbONtK• Y AK~la~flN pf~\IdN. ~7 wY1 M
t. 7b pK/orw. ~p~ 1 ~rlt? •~d abMM y ~eY ~i rrM~r tM ~tlwblMy. ~e~U. r~odU1.M ~M ~wswMt. 4 MN ~ MM wd
IAb ~t~y~ d~eA wl f~rtM.
If sar of UK wau of wioaeT ~trefa nlerrad lo br ret q~p1 t~ ~a tn11f p~W wYm 1?r ~a~ rew~a!!r bee+a~w dw u0~~~, or Q we~
aad e~enr 1M NIpu I~tlwa, ~reeneats, co~wiillow~, ~od eonwnts ~f M!d ~IworY nole ~ad tLls weH~ye or NIMe w Ml wl~r -~ert~ew~d~
cosolMd ri~Y aad ~b{ded bi. IMe ~re~[~M wra m~atlowd Iw a~W Yf~ Ia~orr M1~, lea~ ~ny e~tesf'p
~~~.d br 1... ~all beeaiw 4w a~d~
~ble ferl?r11A of ibtft~fllf ~1 l0! opllal ~1 tM M plt~oYl ONk+~. Y h111~ Yd lulYp~elel~ Y Mld M MI~ ~f YoYY ~Y
.Iiy ~tipyt~td M be p~W oa sueY dU'. sn7~~t le ~jerslwrf w~M ar INrels b/M oontnr! notfftrlawd~
.!f b JYrtber eo~e.watsd aud yreed bq Mld D~rtiM tY~i IO tb~ •~p?1 ~t • wft pela~, IwdtYled IO tonelwe lW~ ~o~t~a~, tM !IKlp~N
.6~11 pe entllkd lo ~ppl~ at an~ tlme pendin~ we~ tanrlower wlt M tM ceur! Yrtu~ lurydkylsw tAe~a~of for tb ~pooist~NSf -af • erple~ ef
al! aai slnsubr lbe morl~~u[ed P~'aPe~~y. and of all tAe reals. loeo~eea. ofllw hwes ~wd n~enue~ lhenot. teaw ~rlrtM~rer ~m derhnd• aod
tbereupoo it h IKr~b~ e;prearir eoren~nl~d and a~reed lM1 tIw oou~~h~aii fertYwllY ~ppotaf r ereslrer o[ uld metlppd p~sp ~det~ a~ ~
•I~ular. ~ud ef we6 eenb. 1ooo~n~s, praYts, Irua ~ad ?~~eew tMerof troea wMbower ~eee derlred. ~?116 tM uw~i oewr~es ~sd drt~p ot tr.
eelren la lfke e~ses: ~ad sueh ~ppolalmeet s6a11 b~ awie br wti eourt aa a maller ot strlef r!=Mt !o Iha llortRyte. Ib metepors, Iepl reprea~~t~.
lires oe aasl~ua, and witbout roterence to tbe ~deqweT or lade~uat~ at Ibe t~lw ot t`e propert! hereeY mortp~ed~ or to tbe wlnoef or Imolr-
cues ot tbe mort~or ud tMt weh «ae. ar+~ts. looon~e. lnun aod rhenwp ~11 ~pplbd Eur aud recsl~e~ o tl» af tM
Indt6ttdneas. tasis ~na e~r~es, ~ecordlo~ to tM oM~~ ot wea ~aut. gXC@pL IO~ ~e conveyanee ot~ coni~'om~mum ~
s.
t~ 1f • conrt~anee a1auW be aade D~ tbe moctp~or af t6~ Pr~t4es heeeln dsscrlbed. or aa~ parl theMO~ ~rilluW tl~~ wtitt~o arwet o[
tbe liort~asse. and wrltboul ~swmptloa 1n re`ulu torm of la~r b~ tl~e tnolee ot lhe oblyation lo tbe llort erwwted b~ aaid pr+wnlawr~ oote
•dd Ihfs moH~a~e. thea~ aad la ih~t efeat. ~ad at lhe optbe ot U~e ~[artp~ee. aod ~rtlhoul aotkt. ~il wa~s mooe~ ~sa+red 4t~rb~ ~6d! Imoedl.
¦teiy and tooeutrenll~ wits wt6 eonte~~nee b~tome dw ted py~ele •nd Iw det~ult.
11. 7'hat In l6e e~ent t6e PK~se+ Aerebr mort{~~ed, or • rl tberoof~.
hab~ll be eondemar! aad takea for pubUe uae or tor we b~ ~•{tw~W~le
iulll ~rd pre~mises sh~ll~De W atlo tLe~ta~ee~up~
t~e
~fOYD~tDlO YA`D~d oa thi~moartp~ a~nd
a~t6~e
optlma~lAe ~orW~
m~7 M~pplled
up o~tAe parmeat or pa~mea4 Ud pa~able tbereos.
It !t U ~perlseall~ aarcM tLal time is ot tLe ea~enee ot lAb contraH ~ad tlut po walve~ ot aa~ oWtqtMn 6cnuader ot pf tA~ ppUptlop
seeurod Mnl~ aLall at ~or ilme Le beW to be • waher of the terms Lenwt or ot the iustrume4t ~eeurod hercb~.
1]. it [oretiosOre peooeedioss ol an aecond morf~t or to7 lunlor lien ot ~n~ tind aAadd 6e Instltuted, ar !t D~Mdln=s under tM Ban1[-
ruptq hwi of fM Dttited Siates, iueiu~i~ reor~aaWtion proaedin~s uude~ Cd~pter XI ot the Fedenl BankrupteT Aet, or Neeel~ership proeeediap
of an~ tiad in ~ S4~te ur Federat Court shoutd be Iastltuted br or apiast t6e eaor!~a{ar or any of !ts ~nntees, tben holdin~ title to tbe mort-
g~eed properl7. it~ ~Ior~ ~ee mar al ils optlon. witbout noliee. immedlatelY or ihetafter dtelare thls murtp~e aad tLe 1odeLtedap ~c~wM
hereA! ~u! apa .w~aw~ forthsttA. aad mar at Ita os?tloa praeM to lortetose fhis mortsaja.
1~. To tbc ealeat ot tAe lndebtedneas ot t6e mort/s~or to tAe )[orlp`ee de~nibed hereln or ~eeured hereb~ the Horlp~ee b henb~r wDro- ~
~[ated l0 10!!liefi or11Mi ~ad to lLe rishb of tAe ow*ners aud holders ot each ~ad e~e mort~~e Ileo or otAer lncumbranee on ihe t~od dacrlbed
hrreia wbieb iL paW or_a~UsOed in wbole or in paH out ot t6e proeeeds of tbe loan ~qeribN 6erein or seeured hereDl. and tbe ?espeeti~e llens ot
sahl mort~ea. liew~ or_o11~er tneumbnne~s, shall be aod tl~e same ud eaeh o[ them bereDi ts preaerred aod sh~ll pw to and be 4eld D~ ihe lior!-
Ra~ce Uerelu as a~e~rit! for the indeDtedness to t6e llort~asee herelo deseribed or 6ersDT aecnrod, to l6e same e~test t~t ft wouW ha~e been pre-
srrred anil w-oub basa beeu passed to aad bee~ betd D~ !be lfortsa~ee ~ad if been duly and er~plarlr aal~ed. tr~nsterrM~ set over and !
dellrered unto ibe kort~ee b~ sepante deat ot wlsnmeat notwithstaadlas t6e [~et tlut the -same mq be a~tissed aod aseelled ot record~ it !
bcins tbe ieteatiou rf t6e perttes bereto t6at all prior Ineum~raoces wiU De satla&ed and eaneelkd of tseocd b~ t6e boldera tAereot at or ~Dout the
tl~l! Ot lb! ~t~O~~IOt O~ 1Llf ~IO~ipjl~ bYl thil tD! ~lO~j!! ~flil O!flttlltlqi D! f11DT06alOd f0 l11! UlMt 1~!lEOL Y 11lillq ~b0~1! pf'Orldld.
15. 7'o pa~ all and sinaular l6e eosti, e6arses aod e:pemes. lnelndias lww7~et's tees, re~sonabl~ toearred or p~id at ~~qr t[uoe by t6e 1[ort-
~asce Lcraus. ot tbe laLure ol tbemort~
or fo pertoraq. eomDl~ w1tL and abide D~ eaeh aod e~e~ tbe stipuiatioaa. ageemeata, oondttiom ~ud
eoreoants ot ~d pwmissor~ note aad tbis morfp~e or eli6er. and eree~ weL parment shaU bear (nterest irom date at t4e rate born b~ We
prinelpal indebt~doess aeeured hereD~.
18. It is wgteM 16at t4h morf~aKe shall seenre ~nT tntnre ~d~~noes qydc nr w~ ~~es•aK to tLe moHp~ ~t ~n~ time wlthln ten (l~)
yean trom the date 6ertot to t6e saoae e=tent as it sncD future adnnee~ .terr m~de on ibe dste of ILe exeeutlon ot thls matW[e; proHdcd,
howe~er. thal the total unpa W balance of the indebtedness seeured b~ ibb mortRa6e at anr oae time slull not etuM a autlmqw prfneiw! amouet
equal fo 150 per eeqt o[ t6e Pt:ac)pa! amount ori~inatlr ieeured bereD7+ Plus Interdt oo we~ ma;imum prioeipal amount aad an~ dUbutsemeab
made (or the pa~rment ot tua, krla or 1nwr~qee ou ibe yppee~ co~ered b~ t61s morl6ase, wrilA Interest on sueh dfaM~rsements.
17. R'6en ~d~ •mount ot aione to be p~W b~ ibe ~lottsas,or to iDe liortRa~ee uader t~e ferms bereof ~11 be In detanlt. ot sAuaW tAe
alortasaor detaulf !n sn~ ot t6e ot~r terms. D*u~Lsions or eoaditioas ot lLis llortsase, ihen ~nd la t6a! ease, ibe Yortpsee aLall L~re tRe ri~4t.
witAoat notlee to !be Dlortsa~or, to eolle~et and reoeh! tmm an~ tenant or lessee of aa(d mort~ed premises l6e rents. Iswa and P~b of tbe ~
real estate hereDp morlXa~ta1 aad the improvemeata thcreof. and to sl~e Proper receipb and aequlU~nces lherefor. and ~fter payfos all ~ommis-
sions of anr renlal a6ent collettioR the af?me. ~od an~ reasonabie aitorne~'Y feea ~nd ether ne~+esiar~ e:pe
ases tneurred 1a ooUc+ettaa same. to sP 17
the proeeeds o! weh ooUtetbru upoa ~n~ 1ndeLtednesf, obUption or liabllitr. ot ILe 1loeip~ ~or 6ereunder Tbe r1`Lt aranted the llorttssor ~er ~
this pansrap6 s6al1 be !n ~ddition t0. ~nd ahall aot pmlt ar e+atr4~ ~n~ otber rl~ht or ris6is ~rauted tLe Yortis~ee fn tb)s Yart/a~a f
SP`d'~ Partial Release Clause: The mortgagee hereby covenants that it will ~
grant partial releases upon payment of the sum of ~2, 500 for each condo:ninium uait ~
or lot so released, without the necessity for the lots or units released being coatiguous.
Such partial releases shall be granted up to the date of fin,al decree of foreclosure in
the event of a default. Amounts paid for partial releases shall be applied oa reductioa ;
of principal, but shall not be received in substit~rtion for the regular amortized monthly
paymeats in the note secured hereby, which monthly payments shall continue as therein
p r ovided.
;
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tN wlr.~ESS wxEREOF, me s.w xorts.aor h..a,ncu ..t. h~, h.na .na .e.! :hb Ibe awr .,,a ~air -
~ HOLIDAY OU~ ~?~;T ST. LUCIF, INC.
' A Florida E ~
; Sisned. ae d and dell~ered in t6e presenee of: i -----~gg~~'~
- - _ . .Sr. •T., s~.'
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._-•-~-a- - ~'CGY~P - By------- - - - - -~t 1 EAL)
~ - _ ~_~t1 S
! ~iC6 ~L'6 t «
! _•~a~ I._- 1/'~~L!{~-~-.---- . . . ~ ~~r
" Attest• ~ ' (SEAL)
s't. seteta~r~''
~
~ sooK 201 ~1~
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