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CtERR CIRCUIT COIi~
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sl~aU have ths option to reosivs and apply tbs same on aooonnt at tl~s iodebtad~a sscurd b~nby oe to pecmit i
s~id Mortg~gor to reosive ~ad use it ar u~y pert thereot iot other purpo~a witlw~t tMrsby watvina or imp~L~ie~
~ny e4uity. lien or right undee or by virtus ot this nwrtgsgec and h~ ths eveot aid Moreg~ar ~6~11 tor tny reawn
fRil to keep tbe said premises so insured. or taf! to dsttver pooarptt,y aqp ot aW polici~s ot inwnna to ~d
Mortg~ges, or tail pma?P~~Y ~ WY ~Y ~Y P~ tl~etor. or L~ aqy re~ct tJl to prform. dialur~s.
ezcute. eHect. compkte. compiy wit6 aad ~bide by t,his coveoan~ oe any part Meeof, wid Mart~aes my P~~a aad
P~r tor .nch insur.nce o~ an.r wrt ct~ereot ..ichouc ...iWe~s ar aH«ting at?y o~iO4 t~n. .vnitr ar rial,c wiaer or by
virtus ot thia mortgags, aad tbs ful! amount oi e~cR aad ev~Y ~ WY~nt sludl bs immsdiat~eiy dus wd p~yabis
and shalf be~r intereet fwm tbe date t6eneot antil paid at the r~te of ten pe~ centum pee s~nnum aud togsther with
aueh interest st?all ba secured by ibs lieo ot this mortg~ge.
4. To permit. cammit or suHer no wasts, imp~irmsat or deterioration ot s~id peopecty ar any part thaeeot.
b. To p~y aD and singulat tbs oost~. ds~rges snd espeows. incfuding re~sonabis Lwyer'e fess and oost ot
abstracts ot titie. incurred or paid at aay titns by said Mortga6es bsuuss aad/or in t6e ev~t of !~e is7~re oa tbs ~
part ot ths add Mortgagor to duly. P~t1Y and t~y Pecform. diseb~rRa e~ecuts. eHeet. oomP~. ~N7
and abids by e~ch and every t6s sti~ul~tioos. aareansnta. oondition~ and oave~ants o! ~td promiMO~y nwts. and
~~8~8~. any or eitber. wd s~id ao~ts, ch~r~e~ and aspeasss, e~c6 ~nd evary. sl~all bs immsdlate~r dqs ~nd
P~Yib1a wbether or not t6eee bs uutios. demand, atte~apt to eolieet or suIt peaiding and ths tull amount ot e~ch
wd every such paytnsot slull be~r iate~wt trom ths date !tl~aot unt~ paid at t.hs nte ot ten per oentum per
aanum: aad ~Il said costs, ciu~6es and ezpeases w incutred ar paid. tcget?~er with such iaterest, shaq bs ~eeursd bY ;
tbe li~ ot thts matgags. ~
6. 97~at ta1 in tbs ev~t ot an,y Dre~ch ot t6L mortg~ge or detault on t6s part of ths Mortaagae. or (b) in t!?~
• eveot any ot said sums of awne~r becein re[erred W bs no! promptiy and fnAy Qaid within ten day~ nsz! aR~ar tLs
eaa~e ssverallY becoa~s dne and p~yabia wit6oot detioaad or aotioe. or lc) ia t6s event each and ev~ry tbs ~a~puLtioos.
agreemsnta oonditioas and oovenaats ot Mid promisaory uote and tl~S moetg~gs, any or eit6e~. ars mt dnl~r.
P~?P~Y ~d tull~? Psr{ormed. discbarasd. eseeuted. effected. ooc~ieted. ooonplied wttb and abided by. t6eo. ln eitbet
or any wc6 sven~ tbe said aggre~ata aim meationed in s~id peom3s~ory nots tMn remainiag unp~id. w~th int~eeest
~ccrued. and all moneys secured 1?ereby. shatl beooms dus and p~yabls torthwith. oc t6ereafte~. ~t tbe opt~pn ot eaid
~+1at8a8es. as tu1b~ and oompieteiy u it ail oi ths said mms of oorney wrere aiginally atipalated to be p~id oa
sucb day, anything in aaid pc~oonissory nota. ~ad or in tl~is mortgags to tbe c~tnry notwith~taa~din& and
tbereupon or tbere~fter at tbe option of said Moctg~g~es. witlwnt notioe a damand. suit ~t Lw or in equity,
therstofa+e. or there~fter begun, may be pe+oeeeuted as if all moneys secwed hereby 6ad matured p~ior to its
institution.
T6at in tbs rveat tlut at tl~e bsginning of or at any tims peodio~ any suit upon this mo~tgags, or to fooecbse
it. or to reform ii. andlor to eoforce payment of any cl~imr herennder. s~id Mortgages s6all apply to tbe oo~ut
havia6 jusisdiction thereof for ths appoiatment of a ~teceiver. web oaut s}~a~ fathwith appoint • Reoeivar ot s~Id
~ P~P~Y v1 and singulu. a~hdinB ~li and sing?il~r tbe rent~ jnoo~ne pro6ta. isa~ and rsveaues fenm .
w6atever souroe derived. e~ch and svery of w6ic6. it bdoa szpre~slY understaod is he[eby moetgaaed u if
~e~lly set forth and descn'bed in the gnnting and habeadum danses bereoi, and sncL Reoeiver sha11 hav~e
a!1 t6e bro~d aad effective tunctioas aad powers in anywiss e~?tn~sted by a ooort W a Reoeiver. and wes appointmeat
s~aD be made by such ooart u an ~dmitted equfty and a matte~ of absotute right to a~id l+iortgsaes, and wit6out
refe:eaee to tl~s ~dequacy or in~dsquacy ot t~6e value o! tl~e P~'oP~tY ~8~ or to the solveocy or 'snsotveocq
- of a~id Moctg~go~ and/o~r of the defead~ats. and that s~ch rents. P~'ofits. inoome. issues and nevenues shail be app~lied
bY s~6 Receiver acoording to the lein ~nd/or equity of s~id Matgagee and t6s pnetioe of anh aonrt.
8. It ie underatood and agreed thd this mortgage is given to secura in additiau to t6e note or obtigatioa
above deacrt'bed any additional lo~n~ ar fntme advances m~ds withfn twenty ye~rs from date 6ereof by tbe mortgagee
w aaid mortgagors or wy snocessor Lr titls ot s~d a~atgagors of tbs property h~b~' oonveyed: Provided tl~t t6e
total uapaid balance of Lhe indebtednees securod 6ereby a: any one ' ~n esoeed t!~ mu~imum P~P'v
~c~iThree thousand one hundred forty one-----~3,141.~0)--------------
ph~s ineerest cbereoa .nd any disb~rs~cs made by cbe morcgages tor che p.ynoenc ot cazes. tevies or insur.noe
oa t6e property ea~vmbered Aeteby. wit6 inteeest on such disbureementa.
IN WITN WHEREOF. the nald Mortgagor has ezecuted this ma~tgage under sed oA the day and y,ear }~er~
first above tcen.
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sssled and de ' in Dreseaoe of: ' l
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ISEAI.1 .
3TATE OF FLORIDA le ore McGee
sa.
COUNTY OF 3T. LUCIE
~i~,~~~~uy.p~ 6rYan F. McGee and Lenore McGee, his wife
~f » nn uPt t i ngtnn ttreet. Port El gi n, Ontario Canada NON2C0
to me well lcanwn and Icnawn to ms to bs tbs indjvidwL.S dssaribed 'm and who as~cnted fae+eg~io~ in~rum~ak
aod acknowlsdg~sd before me tb~t t..be~/.. azeeuted the sams for t?~ p~po~ thereln
I'~rC
wtTNE33 my lund and official sed this 26 day ot ~ ,
_ti,
Notary Pn~e ~fii or • tt0I1
E~ i~ PACE 851 w° co~,h::~'~s w~o~.e.aW.; :
~tr ~~.ye~ ~20I80 :
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