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~T.!`II~K C~~fIA.
S'T'~T E'~ ~ ~~=--F-~ ~ : ; ~~~~1 aoccrt ~o~rn~a t,
° DU~`t1MEN1AR7 S~t~ME~ 1~.:~ { .~~{°x.~.,RiEti Cc~..u_,_,.~
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~lul) !uw tbs optba W roceivs snd app~y tAs s~m~ oa aaaunt ot t!r ind~bt~dnMS Mcured Mreby or to pKrnft
sa~d Morc~.~or to noeiw •ud ws lc a.n~ p.rt cl+e~w~ ta ocha purpo... w~cMnc c~.e~.br w~vin6 cr imp.~
aay equity, lieu or riiht uader o~ bY virtue ot thL nartaags: wd in th~ svwt aaid Martaagor ~6a11 tor ~ny naroo
tail to keep tbs iaid . premiss~ so insured, or taU w deliver promptyr ~ny ot sdd polkiw ot inauraae w nid
Morta~e~, or fail promptly to p~y fuliy ~ay prsauum theretor. or in any re~peet tai! to peeiorm. dial~ree,
~euts. ettect. comp{ete. eomply with ~nd ~bids br tbis coveu~nt, or ~ny p~st Leceot. ~aW Mortg~ps may pl~a ~nd
P~y tot ~ueh insunnca or any part theteot witlwut waiviog o~ attecttng aay optbn. puitr or riaht under or bp
virtw ot this mort~ga and tM tull uaount of e~ch and every iueh p~yms~?t ehaU bs immedi~tdy dw ud p~yabb
and s6af1 be~r taterest fwm tl~e date tl~eot until paid ~t tl~e rate of ten per ceutum psr anaum ~nd t.og~ether ~ritA
such iutarest shaU 6e sscured by ths lie~n ot tWs mortgsge.
To permit. eoa~it or aufter rw +raste. itnp~irmsnt or deterior~tioa ot said prop~ty or sny part thereot.
6. To pay all and singula~ the oosts, cAuge~ and ezpeases. inch~ding re~sonabk iawryer ~ Eess and oost oi
~batnets of titk, incurred or paid at any tIms by said Mortgages beeause sndlor ia the event ot tlw tailure oa tl~s
part - o! tbs sald Mortgag~or to dnly. p~romptly u~d [ully pertorm. discharge. ~ecvte. eNect. ooa~PMtR ooa~p~j? wit6
and abids br aacb aad ~very ths stip~iluioos. a~meAta. eonditioa and ooveoanta oi wid pwaiiMOq? note. u~d
this mortg~ge. aay or either. and sajd eo~ta. cLuges and ~penies. eaeh a~ every. slsd! bs imnoediataly d~s ~nd
P~YabM. wbether or not thers bs notke. demand. ~ttempt to oolleet w suit pending: and tM tW! amonnt d e~eh
and svery wca payment shall be~r inte~t [rom ths date tMreot unW paid at the rate of tan per ce~wm per
annum: and aU said oosts. c6arge~ and ezpeases so incurred or paid. togetlier ~vith suc6 uatereat. sDdl be seeured by
the tien ot this mortgags. '
6. That 1~) in tbe event ot any bre~cb ot tl~is mo~tg~gs or det~ult oa tbs part ot tM Mortgagor. or Ibl In the
- eveat any oi said aums o! mot~r he~sin oefecred to bs not praaptly and fuUy paid wit6ia t~n days ns:t aftat ths
saa~e asveraliy become due and p~yabk. wlthout demaod or ootioe~ ar lel in the event each and every the etipul~atioos. .
agreemeets. conditions and ooveaants of e~id pcomissay note and tl~s mortg~ge. any or eitber. ara not d~ly.
Pr~PUl~ ~~Y P~ormed. disebarged. a:eeuted. effected. oompkted. caaptied with aad abided bp. then. in dther .
or any such event. the s~id ~ggregate wm maatioaed in said promissory note tl~n retnaining ~ nnpaid, witb ~terest
atcrued, and aD tnoneys secured t~reby. s1ui1 becoa~e dus and payable fathwith. or thereafter. ~t the optioa ot eaid
Mortg;~g~s, as fuUy ~nd rnmpletaly ~s if all of t6e said sums of aomey were orig;nallY stipul~ted to be p~id on
sueh day. anything in aid procnissory nota. aad or in ttis mortg~ge to tDe ooatnry aotwithatanding wd
thenupon or thereatter at the optioa of s~d Mort~agee, without notica o~ dam~nd. suit ~t bw a~ in equity.
theretolae. or t6ere~fter begun. may be prosecuted as if d! mooey~ eecured hersby had matured ~rior to its
instStution.
7. 11ut in ths event tlut at tbe beginning ot or at eny time peading any auit upon this moctgag~e, or co taecbse
it, or W reiorm it. ~ndlor to enforoe p~yineat of any clairns 6ereunder, said Matg~ges shall apply to tbs oourt
OCA
having jurisdicti~ tl~eof tor s6e appointmeat of ~ Receiver. ~uch oonrt sball forthwith appoint • Reoeiver ot wid
mortg~ged Properiy all and aingulu. including all and singutar t6e e~eats income profiu. isaues and reveaus~ hom ;
wlutevar souros derived. each aad every of whic6. it being eipresely underetood ia hereby mo~tg~ged as if
specitialiy ~et forth and de~cribed in the graoting and 6abandum cLnsa+ hereof. snd sneh Reoeivar shall 6avs
I~ all tbe brwd aad ettective [unctioas and powers in anywiss mtrusted by s oourt to a Receiver. and sueb appdntment
i sh~ll bs m~de by nuh oonrt u~n admitt,ed equity and • n~tter ot absolute right W s~id Mortgagee, and witboat
nferaaes to ths ~dequaey or inadeqwc.y of tbe value ot the ProP~tY ~8~ or to the wlvency ar in~olveney
of said Matgagor andla~ of the detendanta wd that suc6 raats. profits. income. issues and revenues shaQ, bs applied
by wc6 Receiver .coording co che kin andlor equicy of aa~ Mortgagee and che pnctice oi encb oonrt.
! 8. tc is uneer.cood .nd .greed ce.c ch;. morcg.ge is giv~ w secure. in .ddicion co cbs noce or obtigacion
f abovs deseribed aay additianal {o~ns or tuture advances made wttAin twenty yearo from date hereof by t6e mortsagee
~ W raid mortg~ga~~ or ~ey aoccessor in titls of wd awctgagors ot t6e property _ 6ereby oonveyed: pe~nvided t1~t tbe
total unp~id baLnoe o! the indebtednsse eecured hereby ai ~ny a~e time ahs11 not esceed the nat:imum prie~cip~!
! ~mount ot SEVEN THOUSAI+ID SEVEN NUNDRED TWENTY TNO (7,T22.00) nou.ra
~ 1= 1. plus intereat thereon aad any disbursemants made by the martgagee~ for tbe p~yment of tuea. levies o` ins~uanoe
` oo tbe propvty eacnmbered Aereby. with interest on sucb disbursements. -
E
~ tI~I WIT1YE33 WNEREOF, the eaid Mortgagor Ma e:ecuted this mortgagr under eeel on the day and yesr l~erein
~ first above writter.
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! 3' and 'w presence ot:
E
~
E , ~ e ISEALI -
t ~ ~ ~sEwi.?
~ Rosemary Jeru a
~ 3TATE OF FLOBIDA
aa.
COUNTY OF 3T. LUCIE
~i~,~~,~,~„p~ Richard Lee aeruzal and Rosemary Jeruzal, his wife of
5256 Kalamaioo SE, Grand Rapids, MI. 49508
w me wdl known and known to aos to be tbs individuaLS desrn'bed in ud wbo e:ecuted the farag~oing '
, wd ael~nowlsdasd bsiors me th~t eiecuted the saoas tar the p~~rpoees tharein e .
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wYrxESS my hana .na orfic;d seal cb;. -6th d,r of Ma h ~ ~ - .
~0~/~ t(,,
~
Pub1iC in tvt. - `
the County aod 3tate A~Id.%'.~ _~r
~G~JC ~GL7 ~kf 0~4 i„~a~ ~ n£at~a , .
~ ~ ' 1 ~ ti
' " SeQt . 26 ~ 1980 . , -
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