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~OCER ?p~ij~s l~.
~'-F'R i~Q:WTCCi~AT
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shdl have ths option to nreive and ~ppty tAe same on accounc ot t~e ;noei•ts~drs~s sen~n~d A~eear or w prmit
said Mortg~gor to receivs and uss it or any p~rt chereot tor othar p~upoaer .:choot t~rear .nirini or imp~rins
~ny equity, lisn or right under or by a~rtue ot this mortq~Re: aad 'w tLc evar,t ~ai~d ~tasts~ ahaY tor anr reuoa
fail to keep ~M said premisse so insured. or fail to deliver pro:nptty any o/ wd poiic~ ci is~araaas to a~id
Mortsa~es, or Esil promptly to p~y tully any pre~nium theretoe, or m aav ne~ct fa~ co pRiamt dis~s,
e:cute, ettect, compkte, comply writh •nd sbide by thi~ covensat, ar am- part ~Freot_ s~d !/ort~egea mt~ pl~t+e ~nd
p~y tor such in~ursecr or any part thereof ~rithout waeving o~ affecunA anY npaon, liee,, equit~ or ri~6t uAdet or by '
virtus ot thia mortg~ge. and t6e fuU artwunt ot e~ch and every ~uch p~ymeuc sl~at! be :maxdiste~? ~nd ptyi~le
and stul) bear interest hom the dat.e thereof unW p~id ~t the nte of ce~n pet ceatum per amum ard to~etl~ wftA
anch interest shaU be eecured by the I,en of thie mortgype. ,
To permit, commit or suffer no w~aate, impairmeat or drtertoratioa of ~aed p~ecpe:tT or anY p~rt t}~ereo(,
5. To psy sll aad ~ingutar the m~te, charges snd e:peax~. indudinR rcreonaDlr 1~~ye~'~ {aw ~nd eoet ot
abatraets of title, incurred or p~id et• any time by uid Moctgagee beuu~e endroc ~n tDe esYet d tM fa~u~e on the
put of ths s~id Mo~tgagor to duly, promptly ~nd tuUy pertorm, discdrge. ezrcvte, eHect_ oomp~et~ oomp~r with
and abide Dy e~ch and every the etipuLtaas, agresmeata, conditioen ~ad oo~z~nt~ d said promi~or~r note, ~nd
thie mortgage. any ar either. aad eaid coata. charges ~nd e:penaes, e~ ~ad everr. ssee~9 be imoeediatei~ due aad
p~yabk, whether or not there be notice, demaad, ettempt to collect a? ~u;t pen~in~: aad tbe tnH amount ot e~ch ~
and every ~uch psymeat shaU bear intereet ftom tAe d~te the~eot uaW paid at :~c rate af ten pat emtao per
annum: and ~11 aaid coata. charges and espeneea ~o incurred or paid, weetl~ sith wcb :ns,aresc, s6aH be ~scured br
the lien of tAis mortgage.
6. That lil in the event of ~ny bre~ch o[ thie mottsage o~ dsfauk m tbe part u{ tq~ S(ortsi~. o~ (b1 in the
• eveat aay ot said sume of money herein refe:red ta bs not promptly aed iu8~ p~id w~c~in t~e dqs oat attr tbe
same ssverdiy beoome due and payabb. witbnt demand or notica ar !ct ia t~e a+~t e~ ~ad e~7 ti~ s~Wation~.
~teements. conditious aad caveaancs ot a~id promissory npte and tl~s mortgaaa, a~ ar eitdr. ar~ not doty,
promptly and tully pertormed. dischuged, e:ecuted. eft~cted. comPkted. ooc~p~ed witb aad abided bT. chee~ in eitha
or any such event. t6e seid aggreg~te aum mentioned in said promiasory note c.6ea remainit~ anp~id, writh ~
aecrued. and all moneys secured her~eby. aAafl become dus ~nd p~yable forths~ or t~fur. st cde optioo d nid
Mortgagee. aa tully and compktely ~e if all of the said wais ot aan~t~ war onginaifs ~t,~d ta be p~id oa
such day. anything in eaid ptomissory nots. and a in this mat~e w i~ cnatrart aot~hstao~a~ and
thereupoo or the~fter ~t the opt'an of said Mortsagee, withent no~tacs or d~a~ad, siit at 1~~. or ia eqnicy,
theretofore, or thereafier bGgun. auy be prosetutad ~s if al1 marys sKaned benhy ~d m~tw+~d peior to its
instiwtion.
7. Tlut in the event that at the begi~uiiag o[ or at aaY time Peodin8 ~nr +ua upon cl~ mort~+ge. or to faecbse
it, or to rsform it, endror to enforca paymee~t of any deima lursand~, ea~d ~Aat6a~ s?~It ap~r w tbe eourt
b~ving jurudiction thereot for the ~ppointment of a Receiv~t: sacA co~ut sba8 fo~tbsitb ~pomt ~ RenivK ot said
~BaR~ P*oP~Y ~ll and aingular. including all and aingulu tbe eents iocarae proCua. i~eo~s and eewntte~ trom
whatever source dt,rived. e~ch and every of which. it beiaa e~res~ ~da~aac} ia b~ mat,~ged v if
apecefically set forth and described 'w the ftraating and 6abead~m ~es i~~reoi. sad x~ Reeei~rar ~a$ h~ve
all the broad ~nd effective fnnctiona and powrers in anywi~r entrusted by • co4rt to • Rec~ei~-er. aod ~uch ~pQoiatment
~hall be made by auch court ~e an sdmitted equ":ty and s m~tter o! ~beoluti~ : to said {~(ortgag~re_ ~nd wrthov~
reterence W the adeqwcy or inadequacs of the velue of tbe propeity tnortgaReC ar ce tSe ~otvesKr ar m~otvenCy
of said Mortgagor and/or of the defeadanta, snd that ~ucf? reots, pwfits, isw~es eaa eereaues shal? be ap~piied
by euch Receiver ~coording to the lein end/or equity ot said blartga~+ee and t~ practice of snc6 oom~t.
8. It ia uadersiood and agreed thst this mortgage ia givan w~ae.we, e~ddetion w the note o~ oNi~stion
~bove described any additiowl bans ar tuture advancas mu3s wit6m tweat~ ya~rs irom dats bereof bp t6~ mottpaee
to said mortgagors or any suoceseor iA title of sald mortgaaae~ of tbe R'oP~*tl? ~•'~?~d: Pror~d th~t tLe
total nnp~id balance ot the indebtednpe secured hereby ai any one time sAdl noc e=c~ed the marimum princ~pal
amount ot EIGI#T~T~HOl1~AMD ~~GHT TW0~8082.00)------------------------------DoUue
IS 1, plue interest t • ~ny e ursements by tbe mortgagee far tbe ~rmmt d taze~, ie.is~ or iesuranc~
on tl~e property encombered liereby, with int~rest on suc6 disbivseisxnts
~ IN WITNE3S WHEREOF, the said Mortgagor hae e:ecuted this moetgaae nnde~ ~1 oe? tbr da~ aod ve~r hetHn
first above written.
Signetl. and d verQd in ~resence of: ~ .
~ ~'+~,!,~,i_,/.~ ~ ~ tr • ,~G . ~~_,aJ+
~ o n Q ISEAL?
' - ~ ~ ~ = ISEALI
STATE OF FLORIDA - ~h9rld G. 61 1 el'' ^
sa.
COUNTY OF ST_ LUCIE
~ton ~p~~ John L. Bi 11 i gmeier and Ingrid 6. Bi 11 ic~eier, hi s wi fe
Of~5331 S. W. 7th St., Margate, F1. 33068
w ms ..au know~n .na 1mo~.n co ms co bs cb. iadl.~an.1.. ae.m~bea ia .ne .eu .a.cst.~a cb. i«.eaa,s io.~t+~.~.
~nd «knowledgsd bsfore me t~i ....la.... executed t6e Nms tor t~e p~apow tb~~sn ~spesred~ _
wi~rt~r~ss ~ny e.oa ana ott~~ c~. 17th ` nuary i~ ~ 78
LLw~ ~ _ C.~ cx~_ '
U A ~ c~. Coa~c~ sae sc.c. Atan..id.
6~oK~8~ PA~E 3~g .
Josephi ~ M. Ili cai
, R..ts,, N~,.w~ ,~„_~-AT U~
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Y' _rs...,i.dt Elli:n; .
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