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T?at la) In c?~• •vent ot any b~eaeh ot tA~s mortsa~e or d~tault on the pnrt ot th~ Afo~tt~~or, or 101 t~ ~
Lhs tYta! a.~ty 3t ss:d suma 3t rti~nrp harua rs:errtd to t,e ~ot promptly anJ tully paiA w~tAin ten day~ e~st
atter the aame aeve~ally become due and payable, w~thout domand or not~rc. o~ ~c1 in the e~~ent each ind ewry
th~ •t~pulat?ona. ~~reements, cond~tion~ and rorenants ot aa~d prom~s.my n.,ce and thia n?~~rt~aje, any or Nthe~~
~r~ not duly, promptly ~nd tully pertormed, d~scAa~~ed, executed, ef(ecte.l, completed; compl~ed v?hth utd s0ide4
Dy, tAe~, ~n eithe~ o~ any such event, the sud a~gre~ate sum m~•nt~oned ?n sa~d prom~ssory nott then rema~nins
unpa~d, w~th ~ntrrett acerued, and ~11 money> >er~i~ed R.reby, shall ~ecume due and payaD~~ toKhwllh, or ther~.
~ller, at the opt~on ot said \lortgagee, u tully an~f c~~mpletcly sa N all ot the sa~c1 ~ums ot money w~r~ orfsm~lly
st~pulated to be pa~~ on auch day, snythtn~ i~ sa~d pron,~ssory note, an~t~or ~n t~~s niortgi~e to tA~ roatrary npt-
w?th~tandlna; and thereupon o~ the~e~ftee at the opt~~~n ot sa,d ~fort~a~ce. ~~~,thout not~ts ar atmanQ suit at•
taw or equtty, th~retofors, or thereatter be`un, may be prosecuted aa ~t all moneys aecured hereby had matur~
pcior to ~U institutioa
7. That 1n the event that at ths Deg~nnins ot o~ at any time pending anq auft upon thfa mor:~ase, or to
loreclose it, or to retorm It, and; or to enlorce p~yment of any cla,ms hereunder. ~ud Mort~t~ ~1W1 ~pDlp ~
to the court h~vin~ junadictfon thereof tor tAe appo~ntment ot a Rece~ee~, such court ahW torthwitN appoint
• Receiver ot suid mortgaged property ~j~.and aingular. ~ncluding all and singulu the fents, Income, proht,~, ~
luues and revenuea trom whatrver wurce denvcd, ee,•h anJ ev~ry ot whcch, it ban~ expresaty undentood. U
Rereby mortgaged aa it speci[~cally se~ torth and descr~Eed ~n the Rrsnt~ng and haAendum clausea hereot. ar?4 ~
~uch Rece~vcr ~hall have all the broad and e[fece~ve tunrtinna anA ~,u~~~ra ,n xnwv,se entnisted by • court
to • Rece~ver, and ~ucA aprointme~t ~hall De madc by auch cuurt es an admitted equlty ~nd a matter ot ta
~olute n6ht to a~ld Mort~~Ree, and w~thout reterence to the adequacy or inadequacy ot the va1W ot tM prop- - ~
erty mort~aged or to G1e solvency or inaotvency of u~d I?tortRaROr and %or of the detendanU, and that sucA ~
renb, pwhts. Income, ~sauea and r~~enues aAall tl~japPlied by ~uch Recef~•er ~cco~dlnt to th~ lla? and/or ~qulty
of Wd ~[ort6agte and the practlce of such court. ,~2 ~
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u- ii 3a i111UC3~\U~Ni aiiu.w~treu iiiai ii~u nwrikaKr K~vrn iv 5"riii?c, l~1 add?tion to t~1C I10tP n~ Gb~1gJt10~1
above descnbed any add~tionai loans ~r future advanc ade w~thin tw•enty years trom date hereuf by the
mort~agee to ~a~d mortgagors or any suecessor in title said mortgagors o( the property hereby conveyed;
prov~ded that thF total unpaid balance af the indebtedn secured hereby at any one time shali not exceed
the maximum pnnc~pal amounl ot F1V@ t~1plISc3I1(1 tWiD Dollars
i S S~022. plus ~nterest there~n and any uraements made by the mortgagre for the pay-
mrnt ot taxes. lev~ce or inwrance on the property encum hereby w~ith interest on such d~sbursementa.
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IId W11'NES3 WHEREOF, ths sald Mortaator ~u •xecuteQS~his mort~a~e under ~eal on ths ~lay and•yeu
herein fint abov~ wrrittea CQ
9lsned, ~led and dellvered 1n th resl~ce ot:
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(1~~~(XX,I~.~ , ~am . e ?
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STA1'6 OF_FL~RIDA i r
~ covrr~[~r oF ST....LUCIE.-. - { ~ ~
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~ Heror. m. p.r.on.»y .Ppe.r.a~I1.17.1am..~.....Ph~l~2s_._c~n.d_. G~7C's~~:?:C?le.. T. Phelps,_. his._wife of
~ ...`~.190_.Sr~&31_.Pdlm_.B11td...~._.#204.>..T~C~..Fl._.__.33319..._.. - ;
E to me weii known snd know~n to me to A~the ~ndiv~dual S. descnbed ~n and who executed tD~ fore~oln~ tnatrw
~ ment, and uknowled~ed before me that he.y eaecuted the aame tor the purpour th~re~n sxprw~d.
} R'ITNESS my hand and ot!lcial ~eal W~._ _.~9~11........dsy .of ~2~1~PS........_ . . 1>..
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; Notary Public tn aad foe jp~3~llle R. ~tOll ?
~ the County aad Stab Aforp~l4. r-
~ , My co ` tuioa enplna:. ~ . ~
= BTAT~ OF . FI~RIOA ~
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sr. uJC1E ' ` - 1~1' ~ n ~ `
~ COUN'I'Y OF........ . .
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~ Beton me penonally appe~red . _ :
~ ~t1~ . ~O ID~ wlll 1QlOMR1 sOd f
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~ known to ms W Ds the ...............-•--...._............__.Prv:dent and......_._...._.._.__.._.._---•--••-••..__._......_.....---_.._..._....._. 8~ctrtar~ ~
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~ respeetively of - ~ ~~-•----•---••-•-•-•.•-°-----....._......._.._°-------°.._.._.M.._.........»..•---.._._.._..._..., tA~ corporaUoo
a ~
~ nun~d tn the fore~oin= inatrumsat, aad known to me to be th~ p~r~on~ who a~ ~ucl~ ottlc~rs ot aafA torpontioa.
~ exacuted tt~e same: aad th~n and th~r~ th~ wa.....-~----- ...............................:.........._..{aa th. we ~
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_ - .._._.__....._ma acl~ao.r~.as• e.ror. m. wc ws
lnstrument l~ the tree act and d~sd o[ aald corpontfon by ihem n~p~etlvely e:~cutd v nub ofAc~n for t2~
' purpo~es th~reln expres~ed: that the ~eal thereunto attached t~ th~ corpoest~ Mal by tb~m tn Wu eapaclty at-
~ tlued: all under authorlty !n them dul~ vcated Oy ths Board of Dlrectors of safd corpor~Uoa.
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t WITN~.98 my hand and ottlcla! Mal W~......._....-_-•--_•--•.day ot..._..._.__.._...•••-•••--•.r..._....__....__....._., 1..M
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