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sball 6ave tbe optioo w rrceive and ~pply tbe same oa acoauat of tbs indebtednes~ ascured Mreby ar to p~mit '
aaid Mortgagor to reoeive and use it a~ aay p~rt tl~eo[ ta~ other pu~poees withoat tM~sbY ~~E 4r ~P~6
anr equity. tien or riaAt under or by virtoe ot this moitg~ ud iu th~ eva~t »id Morcg~aor sl~all for ~np rs~sou
fa~ ~o keep tb~r aaid premises ~o in~urad. or ta~ W dsliver pro~nptly any ot s~id pdkiss ot iasunnos to aaid
Mo~tsaaes, or tai! promptl~ to pay f~qy any p~emium thee~efor. or ia any respeet fu1 to pdiarm. di~char~s.
escuca eff~ct. tomP~ ~MY ~th and abide by tbis covau?a~ or any put Mrent. said Mo~tgages may pl~os and
P~Y tar sucA in~rance or any part thereot witbout o~ .tt«c~ .ar ~c;o~. u~. ~u~cy a~dc uoa~ a~ ~ ,
vatus ot ~his mortg.ge, and cse tu11 amounc ot e.eh and eveey auch p.ymeoc ahau be immedi~c~ly due ud p~yaWs
apd ahaq be~r inte~est [rom tbe date t!?eoeot uot~7 paid ~t the nte of tm pK centum pe~ annum and together with
such intere~t ahaD be secured by tbe tiea ot this mort~e.
4. To permit, oanmit or ~ffer no w~te, impairmeac or deterioracioo oi said pmpetty or aay p~rt tAereoL
5. 7b pay all u~d singular the costs, durgee and e:penses. inch~ding reasoaabb lawyer's tees ~ad oost ot .
~bstracts of titk, incvm+d or paid ~t any tirne by said Mortgag~ee becauae andtor in the eveat of tbs fai7ure oa tbe
part ot the aaid ldoccaa~o~ to duty. promptly ~ad tully parfo:m. di~ciurBe, eiecute. eEfect. oomplete. oom~' wiih
and abids by e~ch and every the stipaiatioaa aareeosents. toaditions and rnven~nta of s~id pmeniaay out~0. and
this arottgage. u?r or eithet. and aaid oosts, charges and enpenees. eatR and every. ehall. be immecWtdy d11s and ~
payab4• whelbet or uot tbue be notioe. detoand. attempt w collect or euit pea~tling; ~nd the !ull ~mount of e~ch
and everY suc6 peyment ahaU bear iate~at tooa~ the d~te thereof uat~ paid at the rate oi ten per a~tum pec
annnm: and a!1 aaid ooats. clsarges and e:penses so incurred or paid. togetlier with sueh interest, shall be secured by
tLe Ueo of this mortgsae.
6. 77ut Ia1 in the event of anp breach ot thia aactgage or detault on the p~art of t6e Mortgigoc. or Ibl in tiis
- evmt ar?y of ~aid ~ums of moaer l~reia reEerred to be not prwnptlp and fuUy paid within tea d~ys ne:t aher ths
' s~me aeverally beoane due aed p~yabk. witbout danand ar notioe. or Icl in the event e~ch and everp the ~tions.
ag~eem~eate. eonditioaa and covenants of a~id pramiseory note and this mortgag~e. any o~ at6er. are not duly.
pma?puy aad tnDY P~*fonned. disch~r8ed. e:ecnc~d. effa.ted. cump~sd, oanptied .rith ~ud ~bided by. tb~n. in eit6er
or any wxh event. the ~id aggregau sum meatia~ed ia aaid pn?nti6sory note t6en cemaiaing unpaid. wit6 intereet
~ed. and sll monsys eecured Dercby. sball beeome due ~nd p~yable farihwrith. or thereafter. ~t the option ot said
Mortgag~ee, as [iilty and oompktely_ sa if a!t ot the said aums of nomey wre~ originatiy stipuLted to be paid oa
sneh day. anything in said pc+onnissory note. and or in this mortgage to the contruy notwithatanding: and
tl~pon or ther+e~iter at tbe optioa of s~id 111ortgagee. without notioe or damand enit at law or in eqnity.
t6ereRflfore. or tl~ereafter begun, may be proeecnted aa if all mooeya sxvred hereby had m~tuted , priar to ita
institutioo.
7. 1Lat lu tbe event tbat at the bs~nning of or at any time peoding any euit upon t6is mortg~g~e. or to faeclose
it. er to re[arm it, aadtor to enforce paymeat of any deims hereuoder. eaid ?~la~tgagea shall apply to the oourt
having lurisdietion thereot for tl~e appointmeat of a Receiver. sueh oaut ahat! forthwit6 ~ppoint a Reediver d said
~ ~~d'~ P*'QP~'~Y a~ and singulu. iacfuding all and singnlar tl~e renta iucome profits. ias~es and revraues fram
w~stevar ~oaroe derived. eKh and every ot ~hicA. it beins rspre~lY underatood is hereby mortgaged as if
speci6ali~ set fortA and desaibed in the gaanting and habendum chuses '.~:.~f. and snch Reoeiver s~ll hsvs •
~ t6s bro~d and efieetive fanctioeis and power~ is anywise eatrusted by : co~:rt to e Receivet. and aue6 appoiatmeot
eball be ~~de by snc~ ooart ~ts an admitted equity and a matter of absoluG righ: to said Mortgagee, and without
eefes~enue to t6e adequacy or inadequ~cy of t~e vahu of tLe ProPe~tY matgaged or W tl~e eolveocy ar insdveney
of s~id Martgagor andlar of the defeadanta ~nd that such cents. ProTita- +noome. issues ~ad reveanes eha11 be appUed
bp sucb . Receiver ueotding to t6e lein andior equity of aaid Martgagee and t6e pnMioe of snch owet
8. It ie underawc~d and aqreed tbat tdis saortgage u given to ~ecure. w addition to the aote or obli~atioa
above desai'bed ~nr additional loans ar intare adwuees made wnthin cwenty yeers from date 6~~eot by the mortgagee
w said mo~s or any euccessor ia c;tk ot aaid morcgagora o[ cAe property Mreby our,veyed: pr~ovided tl~c the
total unpaid balanoe of the ~ 9ecured hereby a: aey one time shal) not e~oeed the mazimum pr~ncipd
a~nouot oI ~3 ~ 411-tht~eE. thDUSa~d falr l~a~ired a~yd elevresl 00/1 Don.re
li 1. plas inc«eac cl+~eo~, and any di~bar~emeac~ made by cbe mo~tgagee for che paymenc of c~es. {eviee or ins~u~ance i
on che pr+npvcy encumberrd 6eerby. witb incerest oo suc6 disburaei,~eot~_
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IN WITNES3 WHEREOF. t6e said Mortgagor ha~ ezecuted ~6is matgage under seal on the day and yesr 6erein ;
first ~bove written. -
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- - aod ddi preaenee of: /
+ ~i~
_ KG~-~' v'c.c Q.d 13EAI.? '
. . +J'~GLt,~-~ J •'t • - ISEAI.1
3TATE OF PLOR[DA - ~ •
OOUNTY OF ST_ LUCIE
setor+~ ~ pa~oo.tty a~.r~ CLerenoe J. Q~se. Jr. and Rathleen M. Q~a.se, his wife
of 1756 8art~o~ Dc. , 1~Ierritt Islaancl, Fl. 32952. .
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to ms well known and known to me w 6e t!n individw~R. desen'bed in ~ad wtw ezecuted tbe foregoing ~ ~
~nd aekno~wbdged before me tl~at~..be..Y~ewted tbe same far tbe p~upoees therein ezpres~ed.
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WITNE33 my hand and offic'nl sed tWs 21 _ day of = '
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~~-?T f~~- otarp Publie in ' •
~~Q lO~~AS j.;~~ cbe Coancr and Sraf~ '
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vc~~~~EO.~--' 3~M~ ~e« . ~
. ' a3 - ' - e~ty °°~.'ao°26th, 1980 . .
~P~ ~ ~ 26 ~ 1~ f e~ ~
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