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~s~su u~.e .am vp•w.. w crr.~ .
s~id Mortgaaot W reeeive and use it ur any p~rt thereot tor otl~ pnrposes without tMreby wdvina ar imp~irins
auy equity. lien or ri8et undsr or by virtue ot this mortg~as: and ia the event said Martga6or shaU tor anr ew~on
(ail to Icesp t6s ~aid premisss so insured. or tai) w deliver p~nptl7 ~ay ot aajd poticiss ot iaavana to aid
Mortgaae~. or tail promptlY ~ WY wllY ~nY P~'~~um thetetar. or ia ~ny re~pseL fatl Lo pertarm. disel~ar~.
e:cute. efEect. compbte. comply witA and abide by this eovanant. or any part hereof. said Moctgagss maY pLos and
p~Y (or such insurancs or any part thereoE witAout waivins or at(ecting any option. liea equity or riaht under or by
virtus of tlus mortgage, and tha (uU amount ot e~ch and ewry euch p~~mient shall be immediately dw aad pay~bls
aad shall beu inte~t trom tM date there~f untll p~M ~t t6e nte o! tea per oe~tum psr annum and to~sthe~ witb
weh intere~t e6a11 bs ~eturod by t~Ae liea of ttis mortRage.
4. To permit, commit or sutter no waste, impairmsnt or deteriontioa ot uid p~operty or ~ny part thereof.
b. To p~y aU and singulu the costs, charges ~nd szpensas, iach~ding reasonabk lawyer's fes~ ~nd oost of
eb~tnets of title. incurred or paid at• any time by eaid Mortgages because and/or in tbs evsot ot tM t~ihtn oa the
part of tl~s said Mortgagor w dulY. P~o~tY P~'~~ ~6+• e:ecute, effect. oompht~. aomp~y with
and abide by each aad evary ths itip~l~tion~. agrssment~. oonditions and oovenaats ot said promiMOCy nots. and
this mottgage. any or either. aad said co~ts, charge~ an~ espensss. esci~ a~ every. shaii Ds infinedia~r aus and
p~yable, whether or not there be notica. demand, attempt to oollect or euit peoding, and the tull amouat of e~eh
~nd ev~y such paymsnt sAall bear interest from Ne d~te shsreo[ unt31 pairl at the nte ot ten per oentutn per
annum: snd all ~aid coeN. clurges and e:peoses eo incurred or paid, together ~rith ~uch interest, shall bs ~scured by
the liee ot this mortgage. .
6. 'Ibet Id in the eveat ot ~ny bre~ch ot t6i~ mqt~gs or default on tbe p~rt of ths Mattsigor. ~(b! ln tl~s
- event any ot said wms of mooey herein refsrred- so bs aot promptlY ~~Y P~ witAin tan dq~ nsit attR the
sams ssvenlly beooms dw tud payabb. without demaad or notice. or (cl in the event each and svery ths ~tipel~tioni.
agresmsnu. conditions and eovenants ot wid promiswrY note ~nd tlsis naortg~ge, any or either. ars not dnty.
pro~PUY ~~Y P~a~. diseharged. ~ecuted. eNected. oompkted, aomPlied wits and abided by. then. in eftbec
. or any such event. tbs ~aid aggreg~te sum mentioned in said promisw~y note tMn rsmaining ~wp~id, wit6 interest
accrued, and aU moneys eecured he~sby, el~aD beeome due and pay~bk t~tbwitA. or thereafter, d the option ot said
Mortgages. ~s fully and oompMWy ~s if dl of ths uid sums of nomey were originally stipulated W bs paid on
sueh day. anything in ~aid promissory not~. ~nd a in t~is moet~ags w tbs oontrary aotwit6standin& ~nd
thereupoo or thereaher at the option of s~id Moetgasee. witl~out notice or damaad. suit ~t law or In eqnity.
cherscoforo. or tl~eroatcer bagun, may be pe~osscuc.d as if aU monsys sscured h.rsby had mat~ued prior w isa
institutio4.
~ T. That in tAe event that at tl~e begianiag ot or ~t ~ny tims pendins my suit upon thia matgags, or to faselwe
~ it, or to rsfortn i~ andtor to enforos p~yment oi any claim~ henunder. aaid Mortgagss shall appty to ths eoart
~ having jurisdiction th~reot tor the ~ppointmsnt ot r Raeeiver, auh oourt ~lull t~thwith appoiot a R~o~iwr of ~tid
~ ~6s6~ ProP~Y ~U and singulu. includiag ell and singu4r t6s rants incorae profita. issues aad rsvanues irom
whacevar wuroe dKived. aacb end every of whieh. it bsing e:p~ewly underscood is hereby mortga~ad u if
~ . specinally aet tatb apd de~cribed 'm the grantina a~ hab~ndnm clausas hereof. and such fieoefvK sh~U 6ave
~ all tbs broad and effective tunctions and powera iw ~nywi~e entrusted by • court to a Receiver. aed such appointment
~ shall be made by such eourt u an ~dmitted equity and a matter of absolute right to said 1~Iortgagee, and witho~t
~ reference to the adeqaaey or inadeqaacy ot the value of the property a~tgaged or w the wlveacy o: insolvency
~ of said Mortgagor andlor o[ the defendants, and that euch rents, profits, iernme, issues and roveaues s1uU be ~pplied
~ by such Receiv~ ac~oording to the kin and/or equity ot eaid MartgaRee aad the pnctiee of ~ch ooart.
~ 8. It is understood and agreed t6at this mortgage is given to secure, in addition to t6e note or obligation
~ abovs de~cribd any addiciona! loan~ or tutur+e ~dvanns mads wjtbia twrenty ye~n trom date bereof by th~ mortgagss
~ co s.id morc~• or any suoo.sso~ in ticle ot .aid mort~. of che prnpsrcy be~sby oonveyed: provided cbet che
total unpaid baLnoe ot the indebtedness secured hereby ai any one tinoe ahall not e:ceed tbe ma~mum principal
~ .mw,nc ot FIYE TNOUSAND FI~DRED SIXTY TtrO (5,562.00) DoWrs
~ 1= 1. plu~ int~est thereon and any dis ts aude by the mortgagee !or tbe paymeat ot t~es. levies or insunnoe
~ on t6e property encumbered hersby. wit6 interest on such disbursements.
~
" IN WtTNESS WHEREOF, the said Mortgagor has e:ecuted thia rnortg~ge und~ seal on the day aad year herein
s
; firat above writtee.
~
y Signed, and deliv ~ the •
• ~ .
~ o_ 1
~ ~
M~1L~
~ ISEALI
~ r e . neTTfi-
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' ISEALI
- STATE OF FLOltIDA ~
- sa.
COUNTY OF 3T. LUCIE
Mari~ M. Tinelli of 1 Colonial Dr., Cocoa Beach, FL. 32931
F; Before me PersonallY ~PP~
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~ to ms wsll known and Imo~wn to ms w bs tM individwL.. described in ~nd wbo ~~cuted th~ fa+e~oi~ io~fsu~t, .
~nd adcnowldgd b~(ore ms that ....hs.... ezecuted the wms for t6e purposss therein e:p:ess~. . .
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78
wrTNESS my b.na .na otfic;.~ .e.~ ce;. 12th d,y of Apri1
y ' ' -
~ . Notary Public ifr ,
~ 0 R ths Caunq ~nd Afanpid.
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