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~haD baw t6s optba to reoeiw aad ~pp~y tM sam~ ~ aooouat oi tbs indsbt~dn~ Ncur~+s~~a to p~cmit
said lKort~aa to reoeive aad ws it or aqp part tl~~wt tor otl~ p~upo~ witAout t~eby wdvin~ or i~irins
~ay eqaity. tkn ot riaht under at by virtus ot tlds mort~c ~nd in th~ wwit a!d Matsa~ ~h~D toe an~ rs~~on
hil W keep the ~~id p~mi~ ~o insured. or tail to d~Hv~ promptly ~n,y ot ~id polieiM ot iaw~nao~ to ~~id
Morcpa... or r.D pomptlr ~ wr ~r •pr P~~ ce.ertor. or in .a~r n~es feil w wda~m. di~d~re..
~cute. eNec~t.. comPlsts. complp witl? aad ~bide by this oovewn~ or auy part hereof. s~id Matp~ my? Pl~e~ and
par tor ,uch insuranos or any parc cMreot ..iceoac ..atvjns oe attecting +nr optioa. ti~n. equic~ oe ei~c uad.r or by
virtns of thiq mortg~. and th~ tnU amonM ot McA ~ad w~? ach p~ym~nt ~6a11 bs imaaediateh? dw ~nd papabb
~nd ~hall Dear iateewt trom t!N date t6enof untII p~id ~t L1M nte of t~en per as~ewm p~ atinum ~nd totather with
sucA inte~est sAall be Mcnrsd bp tbe liea oi thi~ a~o:t~s.
4. 'ro pe~rmi~ commic o~ .utt.r no ....c.. imp.irmsnc ar dec.~ior.cio. ot .afd p~o~sy or any parc cbereot.
b. 1b pq all aod sinaui~r the c~o~. d~r~ and uPsnsM. inch~dine rs~soaabl~ law~'~ tes~ u~d oo~t of
abstracta ot title. incurred ar p~id at•.ny cims br .aid MoetPe.s becawe and~or in cl~.s evenc ot cl~.s ta~ur. on tbs
part oE t~hs aaid Mort~or to d~?• P~r ~~b P«iorm. ~I~ar~_ ~eeute~_eM~ct. oompl~. oomp~+ with
and •bids by ea~6 and evsry ths ~tipul~tioo~. +ar'MaMata. ooeditio~ and oavsnanta ot wid pomiMar nots, and
this mo~tgsgs. any or ~it~. and said eosta. ebu~ ~nd aspen~. a~eh and every. sh~ bs immsdia~etp dns and
Mriele. whether or uot t6ere bs notic+s. d~nd. attampt Lo aolbet _ ar wit pending; aad tbs f~ll ~mount ot e~ch
~nd every such p~~e?eat ~bdl be~r iateee~t from tbs date tl~e~eoi uatQ paid ~t the nte ot ten per oeatum per
~anum: and aU said oosts. ch~rgM and ezpan~ ~o incured or paid. toeether w[th sneb interat. ~6d1 b~ ~ecured by
tbe lien ot thL mortg~. ~
6. Thac 1•1 in tM eveat ot wr bce~cb ot t6i~ mortpp ar d~tanlt oo td part of tbs Mats~. ar (bl in t6s
• event any oi s~id ~nms ot monsy b~eia rehrred W b~ not prompu,r ~ad InDr p~id wtt6ia t~n dar nat aRs th~
s~ms isver~lly bsoom~ dw and p~yabM. witbaut d~nd a~ notiee. or k) jn ths ~vent each wd ~y ths ~tipnlatioes.
+~e+sem~nt~. oooditioo~ and oowoanq oi ~aid pcomiwoq? ~ aai !hL moct~a~a, ~ny ~~it6~e. w not dn~j?.
P~'o~Y ~~Y P~~~. ~+*R'~. ~t~d. eff~et~d. oompl~t~d. camPiisd with ~nd abided by. th~o. in ~ft6R
or any n~h evest, tbs said asgnsate a~m msntioned la s~id peomiroq? nots theo remainina nnpaid. wdth inLeewt
~ccrued. and aU monsps ~eeured 6weby. s1~11 beoams dus and papab{s tortl+with. or iheteatter. at ths oE?t3on d s~id
Ma~tgages. a~ tnlty and oomplsWy u ii ~11 of LM wid s~m~ ot eomey wers o~inally ~tipul~ted to bs p~id on
s~eh day. u~~tAios in ~d promis~ory uot~. aad or ia tbi~ moetp~ w t!r cantnq notwith~tandin~ and
the~eopon or theraaft~ at tAe opcioa of s~id ~oetaa~, witbout notios or damand, suit at I~w ar in paity,
tharetofors. or t6ere~ker b~un, may be pew~cutd u if ali enaMps Meuerd b~nsby had matund prior to its
instiwtia4
T6at ia t6s eveat t6at at t6e beginnia~ of cr ~t any tims pwedio~ any suit upon t6i~ morcgags. or to taeclwe
it, or to rdorm i~ andlor to enforos paym~ot ot any cWm~ huwndu. s~id Matgaga~ aAall sppIy to Rhs oourt
haviag jurisdiction thn+eof tor t1~s appointm~nt ot a R~aivar. aieb oa~e~t dull Mrthwit6 appoint • Mo~iwr ot ~aW
~ P~P~t7 ~~~6+~~. ~1~d all aad dnsnlar ths ewit~ income pro6ts. i~soes and ~ev~nws trom
wl~atevae ~ouros d~rived. Me6 and w~y of ~l~ich. [t b~int apnMly understood 'u henby morts~d as if
~ epecificaUy sst taeth and dMaibed fn t6e ~notina ~nd ~b~odum eLwes hereof. and such R~aiv~. ~ha~ hav~e
~Il the brwd and eHectiw tunetio~ns and powers ia aaywiis eeitrusted bp a oourt w a Reoeiver. and sneb ap~pointment
i . s6aD be m~ds by ~uch oo~rt a~ ~n ~dmitted equity u~d a mattee ot absdnte right to said Mortg~gse, and withont
~ reference to the ~deqwty or inadequ~cy of the valus ot t6s pe~npeet~ mortgaged or to the solvaaey or in~ohroncy
ot s~id Mortgagor andlor of the defendants. ~ad that eucL renb. Pr'afits. iao~ma isa~ss ~nd rsvsaue~ ~h~ll bs applied
by wch Rec~iver aeoordins w the kin ~ndlor eqnity of eaid Moctg~ase and the praetios ot ~ oaut.
i
~ 8. It is uader~tood and ~p~esd th~t t6i~ mort;a~s i~ ~wn to Mcuee. in addition to tbe note ar oWiption
~ abovs dearibrd ~ar ~dditbnal lo~n~ o~ tuturs ~dv~ao~s a~t~ wkhin tweoty ye~n fram date be~eof by t~ mo~t~ges
~
co saia morc~s ar any .uoo.aot in tic~s ot .aid mo~csaeon ot chs pe+o~ectr 6enby ooovered: provid~d cbac cbs
total unpaid b~lanos oi the indebtedne~s secared 6enby ~t any oas t~s sliall aoi esosed the maiitnum piinap~l
amo~nt oi SEVEN TNOUSAND SEYEN HUNDRED FORTY ONE (7,741.00) Douan
1= 1. pln~ iaterest therson and ~ny disbunameab made bp tbe mort~ee for t6s paymant ot tues. lwies or inw~ranos
~ oa tl~e property aneambeeed he~eby. w~it6 intee~e~t oa ~eh diibur~smsnts.
~ IN WITNE33 WHEREOF. LII! etld MOlLSiaO~ EIlNLAd CN~ IDOI'L~g! Uad![ ~MI 00 the d~y and year bse+ein
~ flidC abOY! wi1~LeD. •
~ .SI$Old. tfld ~IVdI'!d ifl Cb! ptE!!!1C! O~: / ~ ~ _ ~
~ 7 ~G r~`~
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~ ISEAI.1
Sa y . o
STATE OF FLOBIDA ~
~
~ COUNTY OF 3T. LUCIE
Robert H. Cook and Sally M. Cook, his wife of 2800 NE
~ setore me pereonaIIp appe~.red .
~ 37th Ct., Ft. Lauderdale, FL. 33308
,
~ co ms ...u tnawn .na lmown eo m. co b. rb. jndiviaad.. Sa..atb.a in .oa ..bo u.eae.a ~s. . .
~nd aclcnow b~forr ms tbat ~ ~ ~
i~d~d .h~t. asecuted the wms for th~ p~upo~ss thersin e:pn~d.
7$" i
~ wi~ss mr b.oa .na o~ .e.~ c~. 12th d,r ~ October ' • . ~ ie -
. , _ . . ~
~ ~ -
~ 3 J~~ 312 Q~~f 37
Notarp PuD4e ~ . :
~ tL~ Coa~r a~id; BtaM Aiai~id.
4 ~ ~ Mr~~
Carole J. Skiles
~ SO
• , . March 8, 1982
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