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ROCER POtTR~S
f ~.f RK ~~it~UlT COURT
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alull 6avs the optbn to rsceive and epply the same oa accouat ot the indebtedns~s secured l~sreby or W permit
sRid Mottgagor w receive ~nd uee it ar any part thereo! tor other purynses .ritt?out t6ereby w~ivins ar unpaitina
any equity. [iea or right under or by virtue ot thii mortgags: aad in the evsot said Mortgs~or s1~aU tot ury re~son
tail to lteep ~As said promi~es ao insu~rd, or [~il w de4ver promptly ~ny ot s~id policis~ oi inw~aos to pid
Mort~ages; or tail promptly to p~y tuUy any premium tM!refor, or in •ny respett fa~ to partcr~n; disdrtg~,
e=cute, effect, compkte, comply ~rith and sbide by thie covcnant, or en~ paK hereot, said Mortsa~ea m~~ pl~os and
pay tor sucA in~urance or any pert thereo/ without w~~iving or atfecti~g any option liea, equity or rigAt under or by
virtue ot this morlgage, and the fuU amount ot e~ch ~nd every auch peymeat sRall be iaunediatdy dw and pay~bie
aod shaU bear iaterest from the d~te theeeot uatil p~id st the nte of ten per centum per annum and together ~rith
suc6 interest ~haU be secured by tAe lien ot thi~ mortg~gs.
4. ~O p![IIIIL, tOII1RU~ Of euifer fl0 ~YQl~,E. IIO~lilrlll2fli 8~ ~Ei~TwiSCi~ii vi si~,z~i ~¢icj7~iij u'. auj 'a~'sci'us~.
5. To pay a1i ead aingvlar tAe coeta, charR+ea and e:pen~ss, irxhiding• re~a..on~bk iawyei ~ feee and ooet of ~
~bauacts ot titk, incurred ar p~id at• any time by eaid Mortg~ges because end~or in the ev~t ot tbe t~ihtre on che
part ot the atid Mortgagor to duly. prompclr and tuUy perform. discturge. e:ecute, efiect. eemplsta, oomply witt~
a?d ~bide by e~ch ~nd every the stiputations, agrnementa, aonditiaas and cm-eaanta ot said promi~rory oote, anc~
thi~ mort~ge, u~y or eitber, and aaid co~ts, charge~ and e:penx~, eaeA and rvery, ~tul! Da immedi~tel~r due and
payabk, whether or not there be notice, demaad, ettempt to collect or auic pending; and tl~s tull amwnt ot e~cl~
and every such payment sMll bar interest irom the date thereof until pairf at the nte of ten par oeatum per
annum; and all ~aid coete. charges ~nd e:pe,nsea ~o incurred or paid, together witA such insere~t. a~ap Se secured bv
tAe lien of this mortg~ge. -
6. That 1~1 in tl?e event ot ~ny breach of thi~ aaortgage or defauh on the p~rt of the Me~t~aeoe~, oe (b~ in the
• event aay ot eaid sums ot naney h~ein roterred to be not promptly and !u[ly p~id ~rithin tao day~ nait afNr ths
sains ssverally become due and p~yabk. witliout demand or notice, or Icl in the evmt each and eveq the atiputztioos,
a8*eemsnta. conditions and rnvenants o! said promissory aote ~nd tsis mortg~as, any or eitMr. ar~ not du~y,
promptly and tuUy performed. dischuged. esecutad. effeeted. oompkted. coznplied writA and abided by. tMo. in eithet
or aay such event, the eaid aggregate sum mentioned in said ~omiswry note then rea~aining unpaid, witb intaest
~ccrued. and all moneya eecured hereby, ahall become due and p~yable farthwith, or tl+ereafter, et t~e option at said
Mortgag~e, as fully rnd comPletely u if dl of the aaid sums ot nomey were originalhr ecipulated to. be p~id oa
such d~y. anything in said promiisory note. and or in tl~is mort~ge co tbe oontrsr~ ootwiLArtaadin~ and
theceupon or thereafter at the option of said Mortg~ges. witho~it eatice at damand, suit at taw or in equity,
therstotoro. or thereafter begun. tnay be prosecuted ~s it ~11 rnoneys xcured esreby l~ad matured pri~o~ to its
institutaa.
7. That in the event that ~t the beginning ot or at sny time pending ~ny svit upoa tAis mortgage, or to foreciose
it. or W ratorm it. and/or to enforee peyment ot eny claims hereunda~. ea;d Nortgages el~aU ~pp1q W tM co~rt
haviag jurisdiction tAereof tor the sppointmeat of ~ Receiver, nuh court ehall [orthwit6 app6int • Reosiwr d aid
~S~ P~~Y ~n ~od eingulu. including all and einguLr thc rents inrnmc profiu. iseuee and revanues iroas
w?hatever source derived, a~ch ~nd every of wluc6, it being ezpressly uoderstood is h~eb~ m~ort~g~ed ~s it
apeciCxally eet torth and described ia t6e granting and habendvm elause~ Foreof, and snel~ Reoeivar sh~p 6~ve
aU the broed snd pffective functione and powren in anyw~ise entruated by • oourt to a Receiver, aad such appointmeret
shall be made by euch court ee an sdmitted equitp and a matter ot sb~olutc• riRt,t w eai~ ~Iortgagee. ~nd without
nference ta~ the adequacy or inadequacy of the value of tha propaty mortgsRed or to t}ie so~~ency a in~olv~,
of said Mortgegor aadlor of the defendenes, end that such rents, profits, income, issues aad revenu~ ehait be ap~p~e~ '
bq such Receiver acoording to the lein end%or equity of uid Martgagee and tbe practice of wxD oo~rt.
8. It is understood ~nd sgreed that thie anortgags u. givsu to secure.. in ~ditan to tl~e note ar obii~ation
~bore desrn'bed any additioaal {oans ar future ~dvancee made within tw,enty ye~rs fmm dace Mrwf by t~ mort6agse
to said morigagors or any successor in dtls of seid mnrtg~gor~ ot the P'oP~tY ~Y ~Ve~ed: Providsd t6~t the '
toW unpaid balance ot the indebtedness ~ecured hereby aL any oee time shall not ezceed t~ ma~mum pri~pal
.mounc ot FIVE THOUSAND TNREE HUNDRED EIGHTY (5,380.00) nott.r.
1. pius int~est t1+e~on aad ~ny disbursemecite made by the mortgagee for tl~e p~yment o! tue~. leviss or iasura~ue
on t1k Property enc~mbe*ed he*eby. witA interest oo sueh disbnreements.
IN WITNE3S WNEREOF, the eaid Mortgagor hae e:ecuted this mortgag~ under ee~l on the dar and year 1~erein
fir~t above written.
3igned. ~ealed and delivered in the presence ot:
CO . , ISEALI
,~'f`'~ ISEALI
8 8Z@ 71"11
STATE OF FLORIDA
ss.
COUNTY OF 3T. LUCIE
~f~ ~p~ Col Ri chard P. Kei rn and Martha Hazek Kei rn, hi s wi fe of
~ 155 Poinciana Or., Indian Harbour Beach, ~1. 32937
to ms well known and known to me to bs ths individu~L~ desm'bed ia and wbo ~~eut~d tM faee~oioa .
and ac3~nowlsdged bstore me t!?attr...l~l... eae~eated tbs ~aa~s far t!?a p~r~wse tbaraio _ .
wi~ss ~.~a .na ott~w ~.t cwe llth oi J ry ~ 9 . ~ .
~ .tarr wbuc ;n .na . ,
G R Q tl~e Connty .nd staia ~Cieca..i~L,;, ~
9~1~x ~V(., PAGf t~t~ 1~I~ oommi..ioo . i. .?c
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