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Tut.lal In t1~~ ~vent ot any b~each ot th~s mort~s~e o~ dttault on the pnrt of N~ Atortr~~or, o~ Iet t~
th~ event any ot ~a~d ~uma of money h~ran relerred to be not promptiy and lully paid w~~~~~ ~~p daya n~~tt
atte~ tAe same sever~lly Decome due and payablc, w~thout d~mand or not,c~, or ~ci in the e~•tnt ea~A and ~v~ry
~ th~ ~t~pulaUOns) asreements, cond~tion• and rorenxnti ot aud promu~oey n.,tt •nd th~s nsn~traje, any or Nther.
~r~ not duly, p~omptly and [ully performed, duchargcd, executed, et(ecte,l, completN, complled wnth and aeided
by. thet~, ~n e~the~ o~ any such event. the sud s~gregate sum~ m.•nt~oneA ~n sa~d prom~asory aote then ~emauuns
UnQa~d. with ~nt~r~st ~ccruo~f ~n.i ~11 mn~~y~ u.~...~.~ w...w~. ~?yi! ~~.3 yjj~~~~ i6~ihw~~h, (~r ihfr~-
atter, at the opt~on ot u~d MortQagee, as tully and cnmpletcly as ~t allrot [he sa,d auou ot money w~n orlt~nallr
st~pulated to be pai~ on tuch day, anythln` ~o ea~d prona,ssory notc, amf or tn th~s mortfirse to th~ cont~arr not-
withstandf~t: and thereupon or thercatter at t~e opti~~n o( aa~d I?iort~asee, ~~~tAout nouce or deman0. wlt at
law or ~n equlty, theretolor~, or thereatter Desun, m~y be proaecuted aa ~f alt moneya ucured hereby had matus~d
p~ior W ib u~stitudon
T. Th~t 1n th~ event that at the Degtnnlns of or at any tlme pending any ~uit upon thls moir:~ase, or to
toreelose It, or W retorm it, and~o~ to enforce payment ot any claima herennder, uid Mo~t~h ~hal! apply
to th~ court hav~ns ~unadictlon thereof tor the appantmcnt ot a Rece:ver, such eourt sha1) [orthwith appolnt
s Rectiver ot said mongaged property a!I and singular, ~nclud~ng all and ~~nguiar the rent,~. Income, proht~.
Wuei and revenuea t~om whate~er source derlved, es~ h and e~•~ry ot wh~ch. ~t De~na expresaly uuderstood, L
hereDy mo~tgaged as it apecifically set. torth and deacr~Eed in the Rrsnting and AaDendum clauae~ hereo[. and
~uch Rece~vee shail have all the broad and etfect:ve tunctinns anA ;.~,.c~rs ~n anyw:se entnisud by a court
to ~ Rece~ver, and auch appotntment ~hall be made by such eourt ss an admittcd equlty and s matttr of ~b-
wlut~ ri~ht to aald Mortngee, and without rete~ence to the ade~uacy or lnadequacy ot the valW ot th~ prop-
trty morttaged or to Gtie iolvency o~ ~nsolvency et uid MortRaRor and ~er ot the detendant~, aqd that auch
renb, prof~ts, Income. ~aauea and r~~enues shall De ai~plied Dy such Recel~•er ~ccordln~ to tlt~ ll~n aAd/or putty
ot ~ald Irtortsa~ee and the practlce of such court.
8. It ~s understood and agreed that th~s mo~tgage ~s R~ven to secure. ~n add?tion to the note or cbl~g~tion
above descr~bed an>• add~tional loans or tuture advsnces made within twenty years trom date hereuf by the
mort~agee to 1a~d,mortgagors or any successor in tule ot said mortQygors of the property hereby conveyed;
prov~deJ that the fataLunpaid balance of the ~ndebtedness secured hereby at any one time shail not exceed
the max~mum pr~nc~pal am~unt f~O thousand two hundred forty OIl@----- po~~~rs
(i 2 41 . q~ . Plus~rest there~n and any d~sbursements made by the mortgagee tor the pay-
mrnt o?t~axes, e~•~~c or ~nsuranc~u~~e property encumbered hereby. with interest on such disbursement~.
IN WITNLS3 WHERRAP', t1~s sald ~a~or ra,a ~xecuted this mortra~s under ~eal the Ja and yeu
Aerein 8nt ~Dove w~ritted
sny~ aled and delfvered~ tAe pre oC~~Qt%R
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' STA1'z OF..F..I.ORIDA . ~
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cotJN'i'~r OF_ S`T.._ L[ICIE. ~ -
~i Frank G. Pagello and Anna Pagello, his wife "
Seror. ms p~rsonally .ppe~r~--------------•--------....._.._._------•----------------~----------...-----...............---•-•--~~_;_.~....r---
' •-------..of...-7.D.2....St......Duns~an...Way-~._..Winter.---P.arl~.y._.F.L.. ._.3.27.32..._....._ . • •
! to me well known and know~n to me to he the ind~v~duals. ddcnbed in ~nd who ex~cuted tM fore~olr?t lnatru-
i ment, ~nd uknowled~ed before me that ~_.he~ executed the ~ame (or the purpo~ei tA~rem ~7tpiwNd,
~ WITNESS my hand and offictal ~eal ttu~. 21St_....._..day o.......-•-°r;"7__""~--....»._.... j~_~fi
~ ~ ` _.~~.L~`:.~ ' 1
~ - ~ Notarp Pub~lc /n aoA ~oe r ai~~e: R. Hatton
a the County aad Stat*,At~ .
FL0~2IOA ~cy commio~on acp4ra.: : ~ ~
8TAT'~ OF_ . . ,
~ June 20 , 1980 : ~
, CoUI~'i'Y oF.. ST. LUCIE_......-•--.-.--- ° "
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"s
~ Beton me perwaally appeared.--•• . ..........~-~~-----•-..._.._..___..._--•••-•-°---•-•••----_•--.._...._..._...._.._..F_......_.:..~_._..._.._.._
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~ aaa . eo m...w lmor?n aaa
w
= known to me W be the ..............._......._._.............Pr~dent aad......._.._.._...----•._. • d~cntar~
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} tl~ECIIVtI)I OL ~N CO~pOtaUOD
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r?am~d in the tore~oins isuttvm~nt, aad Iwown to me to D~ ih~ p~noeu who ai ~ucA of!lar~ o! ~ald corporatlon.
' cxecuted the ume; and then and th~» th~ wd th~ ~ald '
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~ .__ma aet,w~~.as. b.ror. m. uuc wa
~ trotrument u the tree act and d~ed ot uld corporatlon br them n~psctively e:~cut~d u nu1? ottlc~n !or tb~ t
" purpo~ea th~retn ezpres~ed; that th~ ~eU thereunto sttached 1~ t1~~ corporat~ ~a1 br W~ fu Wc~ capufty ~t-
§ [tueA: aU und~r authorlty In th~rn duly vaated by th~ Bo~rd o! D1recWri oi aald corpor~tlon.
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