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shall have the optjon to receive and apply the same on aooouat ot ths iadebtednsss ~eeured hereby or to permit
said Mortgsgor to recei~e and eiae it or ~ny part thereot f~ otlier purposes w~ithout thersby waiviaa or impairing
any equity. lien or right under ar by virtue ot this mortgags: and in tM evant sdd Mortgagar shaU tor any reawa
fail to keep the said premises eo inaured, or tail to ddiver promptly any ot sdd policies ot insuratwe W said
Mortg~8ee. or teil PromP~~Y ~ WY fuUy any premium theretor. or in aay rs~peet taU to perform. dischar8a
~cute, effect. rnmpkte. rnmply wiW aad abids by thie covenant. or eny p~rt hereof. said Matg~ges may plaos ~nd
p~y for auch insurance or any part thereof witbout weiving or affecting aay optioa, liea, equity ot right unde~ ar by
virtue ot thi~ mortgege. and t6e tull amount ot e~c6 and every snch p~yment ehall be immediately due and p.yable
and shall bear intereat from the date thereot until paid at the ~ate of ten per centum per annum and together with
auch intereat ~hsU be ~ecured by tbe lien ot thIe mortgag~e.
4. To pern?it, rnmmit or aufter oo w~sta, impairment or det~ioration ot eaid p[operty or any part thereof.
5. To psy all aad aingtilu the ooste, ehugee and e:penses, induding reasoaabM lawyer's fees and oost of
abstncte oi titie, incurred or paid at aay time by aaid Mortg~gee because and;or in the ev~t of tbe failure or~ the
pert of the aaid Mortgagor to duly. ~omptly and fally ps~iorn~, diseh~rge. ~ecute, effect, oompkte, oomply with
and abide by each a~d every tM atipul~tions, agreements, ~onditione and oovenanta of said promiswry rwte, aad
t!w mortgage, any or either. and aaid ooste. charges and e~cpenses. e~ch and every. shall be immediatdy due and
payabM, whether or not there be noticr, demand, attempt to collect or auit pending, and t6e tull amount of e~e6
and ev~xy sach peyment ahaU bear intereet. trom the date thereot unt~ paid at the nte of ten per oeatum pa
annum: ~ad ell said costs. charges and ~penses so iacurred or paid, together with auch inte~t. shall be eecured by
the lien of thia mortgage.
6. 11ut Isl ia the event ot any bresch ot thie mortgage or defauh on the p~rt of the Mortgigor, or Ibl in the
• event any ot said aum~ of money 6erein referred to be aot promptly ~nd tully psid within ten days oezt att~ the
~ame severally become dne snd p~yabk. without demaad or notice, or lc) in the eveat eac6 and every t6e atipul~tions,
agreement~a. conditione and oovenants of ssid promissory note and this matgage. any or either. ere not duly.
PrompttY and tuUY Pe*(ormed. dischuged, esecuted. effected. oomp~eted. oomp4ed with and abided by. then. in eit!?e~
or aay sach event. the said aggregate sum mentioned in said promissory note then remaining unpaid. with intereet
•ccnied. and all moneya secured h~eby. shall become due and payabk fathwith. or the~aker. at tbe option of said
Mortgagee. as fuUy and completely as it dl ot the aaid sums of nomey were origindly stipulsted to be paid oa
auch day. anything in said PmminsorY note. and or in tsie mortgage to the contrary ootwithata.nding: and
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w~'.u ~~c .;'p~avsa a,i aoiu :iwa~adcc. w~wwii, uin`w.a ~w ~uw e+i:i, a~ i~A w ua ryuiij.
theretotore. or thereait~n begua may be p~osecnted sa it all moneys secured h~eby had matured prior to its ~
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inatitution. -
7. lbat in the event that at the be~.nning of or ~t any time pending any auit upon this mortgag~e, or to forecbee
it, or to retorm it, and/or to enforce psyment of any claime 6ereunder, said Mortgagea ehall apply to the co~rt
having jurisdiction t6aeof for t1u appointmeat of a Rsceiver, auch ow~rt ahaU fort6with appoint a Receiver of eaid
~~SaB~ P*oP~Y all and singular, including all aad aingular the rente income profits. iseues and revenues irom
whatev~ source derived. esch and every of which. it being e:preeaty underatood ia hereby mortgaged as. if
'f specificallY set forth and deacribed in t6e granting and habendum cLuaes hereof, and auch Receiver shall l~ave
` all t6e brosd and effective functiona and poweere in anywise ~truated by a coart W a Reoeiver, and suc6 appointment
~ shall be made by suc6 court as an admitted equity and a matter of abeolute right to eaid Mortgagee, and wit6o~t
refereace to the adeqwcy or inadequacy of the value of the pmperty m~ortgaged or to the aolvency or msoivency
~ of said Mortgagor end/or of the defendante, end that euch rents, profits, income, issues ~nd revenuee s6d1 be applied
' by such Receiver acoording to the lein andtor equit of said M
0 y ortgegee and t6e pnctioe of euch oourt.
8. It is understood and agreed thet thi~ mortgage i~ given to eecare, in additan to the note or obtigation
above described aay additional bans or future advanc~ made within t~renty yeare !mm date hereof by the mortg~gee
to said mo~tgagors or any auoceseor in title of said mortgegors of the property hereby rnnveyed: provided that the
total unpeid balance of t6e indebtednea~ ~u~a hereby a: eny o not e:oeed the ma:imum principsl
amount of Three thousand two hundred th~rty one~3~31~ noll,r,
1: 1, plus intereat tl+Preon and any diabursements made by the ~nortgagee for the payment of tues, levie~ or ins~raace
oa the propvty encumbered hereby, with interrat on aacL disbureemeats.
IN WITNESS WHEREOF, the said Mortgagor haa e:ecuted this uade~ seal on the dsy and y~r herein
firat above written.
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3' and d'vered in of: ~
! ' ISEAI.?
~ ~ .
j ~ t= ISEAL) _
~ Anna Mar' Magnor .
~ SfATE OF FLORIDA
sa.
~ COUNTY OF ST. LUCIE
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~ seton ~~~~uy.p~,~aa Leonard H. Maqnor and Anna Marie Magnor,his wife
~ of 6603 Nathan Drive, N. Jacksonville, FL 32216
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to me well kaown and lmown to me to be the individual5 deecr~bed in and who e=eca~ ~to~tment,
- and ~eknowledged before me thatt. e:ecuted the me i t6e ~ r
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~ WITNESS my 6and and official sed this day of
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