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f ~EO ANO RECOR~EO
f~. tUCrE C4UNTr fLA.
l~OCER ?OITIIAS
Ci F~R ~tRCtJIT CO~NT
~ u~fiEO
O~c 19 8 ~i AM'~1
3~38'739
shaU hsve the option to receive ~nd ~pply the same oo ~ooount o/ td iodebt~~ Mn?red l~e~r or to Pem~!
~aid Mortgagor to receive and use it a any part tbereot for ahe~ purpo~ witbout tl~eb~ w~ivia~ at impairin8 .
aay equity. ?ie~ or right under a by virtue ot tRis mort~ax ~ad 'm th~ rwet said Mortp~ s6~11 tor aay reawu
tail to Icsep the eaid premises so iesured. or tal to deliver pepeptb ~a~ d raid potieiss ot iawuanos to aid
Mortg~ges, o~ tail promptly to par (ully any premiwn tMetor. or ie a~r re~peet tu7 W pa~iarm. dis~r8e,
~cute. ettect. complete. eomply witA and a~ide by thi+ oovwnt, or anY W*t 6e`eot. aid blataages enay plaos ud
p~Y tor such insurance or any p~rt thereoE witLont waiviaa o~ ~tfecting .~+r opc~on. lien. equicy or ri~l+~ ~nds~ or by •
virtue ot this mortgaga ~ad t~e tuU unount ot s~ch and everT wc6 Pi~n~ ~6a11 be immediatelp dne ~nd payab{e
and s1uU bear inters~t from the date tAereof unt~ paid ~t Ne nce ot teu per eentnm pR aanum ~nd togstl~er ~rith
such iut,eresc sAaU be sscared by cbe ben of ceis mnrtaag.-
To permit. rnmmit or suffa oo waste. imp~irment ar deteriontio~ ot s~id p~vpe~ty o~ any p~rt thereot.
5. To psy dl and aingular the eosu. cluree~ aad e~easM- rocl~dine raasoeable lawyar's tess aad ooet of .
abatncts ot title, incurred or paid at• any timQ by said Mataa~e becanse ~ndlar in tAe eve~t ot the f~ure on the
part ot ths said Mortg~gor to duly. prom~tlY ~nd tuUy Petfona, di~cd*~. e:eeute. eftect. oomPlsts, eomplY with
and abide by e~cA and every tl~e "stipulation~. a~reemenu. oooditioes a~ oo~eeants ot Nid P~ note• and
thi~ mortg~~e. any or eitber, aad said costs. chu~ and upenae~. e~ch ud every. s1~U bs immsdistdy doe and
payable, whether or not there be notioe, dem~nd. attempt to aotMct or euit peodiaR and tbe tull ~mount of each
aad every such p~yment ehall bear intereet from tbe dau tbe~eot w~t7 p~l at thc rate ot ten per oentum per
aanum: end all ~aid costs. charges and ezpeases ~o ineurred ar p~id. to~etha nith such iuterest. ~6ali be sec~red by
tl~e lien ot thi~ mortgag~e•
6_ '1'lsat lal in the event of ~ny bre~ch ot this mort~e ot detault on tbe p~rt ot t6e MoKaigot, or Ibl in the
• event any of eaid ~um~ ot money hetein reterred to be oot promptlv and tu8y paid within ten d~Ys ae:t atter the
same severally become due and p~yabk. witlwut dem~nd ar notica or Icl n~ tl~e evmt eacb aad evary the stipulatione.
agreanents. conditions and rnvenaats of s~id promiasory note and tlw mort~~e, any or ~ther. ars not duly. •
promptly and fulty pertormed. disc6arged. e:ecuced. effccted. eompW,ed. eoaiP~'d ~it6 and ~bided by. than. in ather
or any such event. tAe said aggregate sum meatiooed in s~id promis~oqr note t6ea remainina uapaid. with interest
~cwed, and all moneya aecured hereby. shdl become due and pa~6ie Mrtbwith. or tRereafter, ~t the optan ot said
Mortga~ee. a~ fnUy and rnmpktely ~e if all of lhe said ~ums o( nomey ~r originaUy stipulated W be p~id on
sucA day. anything in said promiasory note. ud or in this mort~e w tbe coatrar~? notwithstanding, and
thereupon or there~ker at the optan of s~id Mat;~~ee. witbaut notice or dam~nd. euit at law or in equity.
theretofore. or thueafter begun. may be prosecut~d as ii dl moneys ~sciusd hereby had matured prior to its
iaatiwtan. ~
T. That in the event that at the beginninq ot or ~t any time peodin6 any 9uit upoe this mortg~gs, or to forecbx
it, or to retorm it, and/or to enfom p~ym~nt of aay cLims 6ereander. ~id NartR~es sLall apply to the court
luving juriediction thereof for 'the appointment of • R~eceiver. such co~ut shvl fathwitA appoint a Reosiver oi said
~*~B~B~ P*oP~'tY ~11 and ~ingulu. inctuding all ~ed ~ingnltr t6e reots incwne proCit~. iisues and revenues trom
~ whatever eource derived. e~ch and every of vhicA. it bei~ e~ ttnder~cood is hersDy mortgaaed ~s if
~ specifically set fort6 aad deacribed ia tbe grantiaa and 6~bmdnm cLasrs F.rpof. and sach Reoeiver shall hsve
~ ~Il the brosd and eHective functions and powaa in any~ix ~sted b~ • caut to • Recriver. aad sucb ~ppointment
shall be made by euch court u en ~dmitted equitr aad • m~tter ef aDoolute :igt,t W s~id Mortgagee, ~ad without
~ refe~nce to the adequacy or inadequ~cy of tl~e vatue of t6e property mort~aged or to tLe sol~encY o~ ineotvencY
of s~id Mortgsgor andlor ot the detendant9. and that such reab. pm5t+. issues ~nd revenues sh~ll be applied
~ by such Receiver ecoording w the kin and~or equity ot s~id Yat~ee and tLe pnctice of wch ooort.
~ 8_ It is under~tood and asreed that t6i~ morts~e is siwo W~eaaee. in addition w the aote or obligation
~ ~bove deecribed any additioad io~ns or tuture ~dvanou m~de withio tw~nty ye~rs from date hereot by tM mortaagee
to s~id mortgagors or aay suoc~aeor ia iitle o[ s~id mortaadors ot tbc R'oPsq 6enbr oonveyed: provided th~t the
total unpaid balance of the indebtednas xcured i~er~ a: an ooe time aot e:ceed the mazimum principal
amount ot SIX THOUSAND EIGHT HUNDRED T1~ENTY ~fMO ~6,822.00) DoUus
If 1. plus interest thereon and any disMirsea~eats m~de by tbe moctgaaee tar the p~Yment of t~ee. {eviee or inaarance
on the PropertY encnmbered bereby. with int~rest ua ~6 disbursements.
IN WITNESS WHEREOF, the ssid Martg~gor hu e:ecvted thes moet~~ nnde~ se~l on the daY ~nd Ye~r h~ein
fir~t above written.
Signed, sealed ~nd de6vered in the presencx of: ~
• ~i tSEAL?
~ (SEALI
~ '
s STATE OF FLORIDA
COUNTY OF 3T. LUCIE ~
Arlene B. Krul of 800 North Fork Rd., Stuart, FL. 33494
setore me per~on.uy .Ppe~rea
S
t0 RIS ~~DOwn !Od ~07I~ t0 m! LO b! f~ tDdIY1~0l1... dMQ1~ m i~ wb0 RK{1Lld tb! ~Oflg'Oma ID~Lt1i~.. _
•ild iCk1fO~I~ld bliM! ID! t~1~L !ZlGiC~ MM ~ ~ ~ L~n • - .
~ ~,rs - _
WITNE33 my e.oa .pa otr~.t .e.~ s~. 20th Nov r ~~j
, . -
A at.r~r Pubuc in aaa tor" ~1 p~?,'•`~ -
~ . , y' ti
~ a~~ t6s Countf and 3t~te Aloc~i~.
Catherine M. Cant~fie'
- . ~ ~980 •"f ,tit: ,