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ahaU Aave the optan to receive and apply the eame on aaount of ths indsMedasu sseured 6ee~ebp or to perarit
~aid Mortgagor W receive ~nd uee it or any part thereot fo~ other purpo~se~ w6tt~t t6erebr waivieg ar iaopa'vina
~ny equity. lien or right under or by virtue ot this mortgage; uid in ths event s~id ~loct;rgor sbaU tor ae~ re~sm
fail to Iceep the said premisee eo insured, or fail w deliver promptly any of e~id pdieie~ ot inwvaooe to a~id
Mortgagee. or tail promptly to pay fully any pnmium theretor. or in aay n~ect ta7 to pertorm, disc~r~
~cate, effect. compkte. comply witl~ and ~bide by this coveoant, or aay part he~+eot. sald Mata~ge~s m~r pi~oe ~ud
paY for such insunnce or any part thereot without waiviag or affecting u?y aptioa, tisa, eqnitp or ri~ht unda or by
virtue ot this mortgage, and the tuU amount ot e~ch snd every auch payment eluD be ima~ediatdp dos aAd p~~a6is
and shall bear interest from the date thereof until psid at the rate oi ten per centum per anaum aud to~e.thar witL
~ch interest ahall be ~ecured by the lien ot thie mortgage.
4. To permit, commit or euiter no waete, impaira~eat or deterioration of said pvperty or any p~t tl~aed
5. To pay all a~d singular t6e coeta, charges and e:pse?ses, inch~ding re~sonable lawyer i[ee~ aad oo~t d
abstncte ot title, iacurnd or psid at any time by ~aid Mortg~gee because and/or iu tbe eveat ~ t6e iai7~re an t6e
psrt of the aaid Mortgagor to duly. Pma~KlY ~~Y P~'~orm. discharge. aecvte. eHect. oomP~• ~o4b ~
and abide by eech aad every the stipalations. ~greemeata oooditions aad eow;nants ot aid promiMOrr nota aod
this awrtga8e. any or either. aad aaid costs. chargee and racpeaees, e~ch and eveey. sluD be immsdiatdy doe and
p~Yable. whet6er or not thae be notioe, demaud, attempt to edket a auit peading; and the tWi amomt d e~
and every such payment sMU beir interest trom the date thsieof untSl paid at t6e rate of ten per centuan per
annum: and all said costs. charges and ezpenses ~o incurred or peid. together with sueh iater+est. shaD be see~aed bp
the lien ot this moKgage_
6. TAat lal in the event ot any bro~ch ot thia mortgage or default oa tLs part of the ll~ortgi~or, ar 1b1 in tbe ~
• event any of eaid auma ot awney herein referred to be not P~PUY ~~9 P~ wit6in tan d~r nezi aftar the
eame xverally become due and p~yabk. wit6ont deaund or notiee, or le) in the event e~ch and every t1~e stipui~tiom,
a8reemeats. conditions and ooveaante ot sdd promissory note and this mat~~e, any or ait6er. ars oot dal~.
Pro~Y and fully performed. discharged, esecuted. effected. oompleted. oomplied with and ~bided bp. tben. ia eitber
or any such event. We eaid ~ggregate sum meationed in eaid promissory note t6en reao~ining nnp~id. ~ith mt~est
aaxued. .nd all moneys eecured hereby. shall beoome dus and p.yble lorc6~.icb. or t6eceafcer. at clre opeion d,aid
Mortgsgee, aa tully and compktelp as if all of t6e said snms of nomey were origmaQy stipul~ted to be p~id o0
~ch day. anythin8 in said PromiaeorY ~wte. and a in this mortgage to the oontruy not~rithsta~ ~ad
thenupon or thereaft~er at the option of said Mortgsgee, without notice a damand, wit at law ar in eqoity,
t6erbtofore. or thereafter begun. may be proaecuted aa if all moneys eecured 6ereby had mat~red prior w ita
inetitution.
7. T1ut in the event that at the beginning of or at any time pending any
s~u't upon tbis mortgaas, ar to fae~edoee
it, or W reform it, aedlor W enforoe payment of any claims here~nda, aaid Mortg~ges s6a11 apply to tl~e oouR
having jurisdiction th~eof for the appointment of a Receiver, s~ch oaut shall fathwith appoint a Reoeivar d a~id
~8~8~ P~Y all and aingulu. inclnding all and singular t6e r~ts income profits. iswes and rewenaes 6~om
w6atever source drrived. e~ch and ev~ry of whic6. it being e~s1y aadaatood is hs+~b~ mo~t~ed a~ d
apeciRcaUY set forth and descn'bed in the grantiag and habeodum clawes !zereof. and snc~ Iteoeiver a1~1 6a~r+e
~ all tbe broad and effective tuactiona and powers in anywise entrusted by a oourt to a Reoeive~. and sue6 a~pomtmeat
~ shall be made by auch eourt as an admitted eqaity and a matter of ebeolut~~ right W s~id 1[ataa~ and wit~t
i reten~ce to the adaZuacy or inade4wcY ot the value of the P~~~Y ~8~ or W t,he solveney or msolveot~
~ of aaid Mortgagor and/or of the defendante, and that suc6 reats, pcofits, inoome, ise~ee and r,even~es sbag be app~ed
~ by euch Receiver according to t6e kin andlor equity of ~aid Mortgagee and the p~actioe of sueh oourt_
`
~ 8. It is understood aad agreed tlut this mortgage is given to secure, in addition w the mte er ob~tioo
above described any additional lo~ns or tuture advanc~s made within twmty yeara irom d~te Ms~eot by tbe matpaae
W e~ed mortgagors or any ~ucceesor io title ot said mortgagors of the penp~ty 6~rebY ~~Y~: P~~ th~t tbe
~ total unpaid belance of the indebtedneaa eecured hereby ai an one time not tbe mazimnm prioei~l
.mounc ot THREE THOUSAND 7HREE HUNDRED ThlENTlyf ONE ~3,321~ uot~ar,
It 1. plua intere~t thweon and any diabureeme~te made by t6e mortgagee for the payment of tuea. lrvies or in~ranoe
on the property encumbered hereby. with intereat on snch diebursemente.
1N ES3 WHEAEOF, the id M gagor has e:ecuted thie mortgag~e unda xal on t6e day and ye~r hereia
fir~t v 'tten.
~ S' and de6v / of• ~
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~sEwta _
~ STATE OF FLOHIDA Eleanor A. Epp
~ COUNTY OF 3T. LUCIE
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~ sec~ ~~~~uy.p~a Norman D. Epp and Eleanor A. Epp, his wife of
~ 26 Crawford St. Brockville, Ontario, Canada
~
s~•~'~ .
~ to me ~veU kno~vn and lmawn to me to be t6e individuaL.Sdesa~bed in rnd wbo ~eca 6~ fareg~oa~ ' :
~ and ackaowlecig~ed betore me t6at x.he..Ye:ecnted the same for the puposes tberein e .
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WITNESS m 6and and official sed thia +
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NOt~i~ PO~IC !a ~ ~ . ~ ' . '
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t~l! C.OUntr .~it! A~~`••} rt•~`
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0 ~R Catherine M Cant~?i~a, ~
b~(~ p~ ~ My oo~mmiNion ~piwe ~,•,t:~t~~=ts~`~
Sept. 26, 1980 #
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