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24. Zriat the above-described propexty is not presently nar has it ever been
the hanestead of m~rtgagar, who presently resides at 575 34th Avenue, Vero eeach,
Florida.-
NOh?. !f all paymenu ue made as hereln provided and all o( the terms~ covensna and agreemenu con-
tained huei~ are performed and observed, this matgage ~iall be null and void and shall be ~eleued at the
oost of the moregagor~ which cost the mangagor agrees to pay; buc upon default in any of uid paymenu or
upon any default in the per[ormance a obsecvance of aay of che terms. covenanti a agreemena of thb
macgage, then the whole of the indebtedneu hereby secured. at the optioa of the mo~tgagea a legal holder
of uid noce. shall beoome immediately due and payable wichouc nocice. and the ma[gagee may lmmediate-
ly cause this matgage to be foreclosed in the manna presaibed by lsw; and upon oommencement of fae-
closure proceedtngs~ tfie matgagee shall De entitled to have a receivu appoiated. r+hether a na the
premises ue homestead and Withouc proof ot any ochu ground for such appointment thaa such default. to take
possession and charge of the pcemises. to teat the same and recelve and collect the reacs. Wua, income and
profiu chereof unda direction of the court, and any amount so collected by wch receiver shall be applied
under ditection of the oourt to the pa; ment.of any judgment rendeted or amounts found due upon faeclosure
of this macgag~ and in che event of any such default. the matgagee shall have the rlght fathwith to enter
upon and wke pouessioa of the 'p~emisa and to rent the same and teceive the rents. iswa. income and Qrofits
chueof and to apply the ume. afcu payment of all necessary chuges and expenses. oa account of the in-
debtedness hereby secured and to ful[ill aay of [he obllgations coatained herein. The proceeds of said fore-
closure shall be applied: fitsc, to the expenses incurred heteunda; second~ to the pzyment of whateva:ums
the mortgagee may have paid ~ become liable to pay in curying out the optione. ter~ru and pcovi~ions of
this mortgage~ togecha With interest chaeoa; third. to [he payment aad utufaaion of said aota and fourttk
the surplus. if any. shall be paid to the matgagac ot othuwise as che court may deaee. _
All d1~taIdt Ii13aE Dy 8Qy R1UQ1CIpal, OOUR[y~ 3ti[C O[ Ieduai auutoriiji~ ::i~c'u'~E: a taklr~g of dtle to.
posseuion of~ or aay intaest in the premises a any part thereof a for damages sustained by the premises or
any put thereof ar for any change of grade of streeu affecdag the premises. are hereby aulgaed to the mon- .
gagee. and the mortgagee. at ia option. is heteby authaized~ d'uecced and empowered to colleccandreceive
the proceeds of all wcii awards from the autho~itia making the same, to give propu receipts aad acquittanca
therefor and to apply the same toward the payment of the amount owing on account of the indebtedness hueby
~ecured. netk+ithst~nding ~he fact th~t such amount may not be'then due and payable; and the mortgagahereby
covenanu and ag,~ees~ upon request by the matgagee. to make. execuce and deliver any and all auignmena
and otha insuumenu sufficient for the pwpose of assigning the aforesatd awards to the matgagee. free. clear
and discharged of any and all encumbcanca.
The premises being located in the State of florida~ this matgage and the note haeby secured shall,
without regud to the place of conuact a paymeat. be oonstrued and enforced accocding to the laws of the
Swte of Florida. '
Notwichstanding any pcovision huein or in said noce. the cotal liability for payments in the nature of
- interest shall noc exceed the limits now imposed by che usury laws of the Sute of Flotida.
I IIr wITNESS wHEREOF. ~~~g~r has
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~ hereunto set ~Shand and seal . this LG day of JLme,
i ls 79 . ~
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~ Signed, sealed and delivered
~ in the presence of
~
E ~ (SEAL)
~ L. RALPH PC~'P
~ (SEAL) ~
~
~ (SEAI.)
~
~ ~ (SEAL) .
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~ STATE OF FLORIDA ~ ss,
COUNTY OF ST. I~ICIE , )
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3 I hereby certify that on this dar• be(ore me. the undersigned, a Notary Public~ an off[cudulyauthor-
~ ized to take acknowledgments in and for said State and County~ personally appeared L. RAI~'Ei PQPPELL
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= to me well known and known by me to be the person(s) described in and who executed the foregoiag mort-
~ gage and severally acknowledged to and before me that ~ executed the same freely and voluntarily
and for the uses and purposes in said insvument set forth. ,
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;.itw...
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IN k'ITNESS WHEREOF, I have hereunto set may hand and affixed my official seal th~~v~'@sy,.:-~.
~ of Jt][le . A D~ 19 79 . at Fort Pieroe j f~J ~..i.'. j':
~ the Stace and Caun[y aforesaid. - - C- - . .
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. 9 %f~ ;
My commission exptres ~ ~ ~ / t.
~ L~ ~t"'~>.
State o Fl rida at cQ"•~
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~ T~.rs irs:~;^~cr~t w.r, pre~r~ ~ ~
~ r,,^,~~~,_a ~ :~`-311 ~~~;1117 ~
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