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IlECORD VE~~
~ baw tlw optioe to naive ~nd applp tbs ~am~ oa ~ooouat ot tbs iadsbtednsM sscund bKebr oe to p~mit
Mid Mortsa~ to r~aiw aad nN it or a~r part t~not fo~ ot~ purpo~ wtt~ont tb~erby waivia~ or imp~,rins
Wp pnitY. li~ or ri~b! nnd~e ot Sy vlrtus ot tAis aaort~; atd in ths eveat sdd ARarta~ut abaU tae ~n~r ~wn
fdl to kNp t!N ~aid pnmisM so ineured. or idl to deliv~r pranptly any ot yid po~ciw at ia~nnao~ to Mid
M«ts~ae.. or tait prompcly co p.r tuQr ~ny- p~oium cl~enlor. or tn a~y r.~p.rc fail w P~rtorm. dtseb+r~.
~we.. .Heec. canPW~. eomp~r .eie1? and •bWe by ehis covee.aL. or .qr Part lweeot. said bto~tpge~ m~u? Pl~os and .
pay fer ancl~ Inaunt?a or any p~rt tl~ee~eot wiNou~ walvie~ o~ attectin8 any optioo. tieo. ~9uIt~ er ri~l~t ~ er by
virtw of t!w morts~. and tb~ fulk amount ot ~acb u~d eveq? auh p~pmsnt sliail be Immsdiatdy dw wd py?abie
•nd dwD be~r IateeNt irom tLs date t6u~sot until paid ~t tbs nte of ten per osnwm qr annum aod toeether with
sueh lacere~t shail bs Neund bp tbs lien of thL mort;ag~.
To permit, canmit or wHar oo vaste. ImP~irmsnt o~ deterioraciow of s~id propKty or any part thereof.
b. To p~y ~11 and sia~ular the costs. charg~ u?d e:pensss. inchid'mg re~woabM l~wye~'a tee~ ~nd oost ot
•bstn~et~ of titlR ineuned ~ paid at• any tims by said Mort~agee becauss aadfoc in tbs event ot tbs fa~urs on t6s
part oi tM ~aid blortaaa'o* ~~r. P~1~ and tng? Perfo~m. di~rs+. ~ecvta effecc. oompVN. oom~Pb ~
~nd abids by e~ch and every ths dipulations. ~greameota, oo~ditioo~ and owen~nta of s~id pwmt~y nots. aad
tl~is moctg~~e, any or eitl~. ~nd ~aid eo~t~, chuges and aspsn~ss. e~ch aad every, shall bs imtnsdi~t~? dus ~nd
P~rib1s. wbst6~ oe not there bs notice. demand. attempt to collect or s~t pendiaa: aod the tull amo~mt ot e~ch
aad every sueA p~ym~nt sb~U bev int~ed lran ths date theeeot untII paid at ths nte ot tan p~r oenwm per
annum: and all said oats. c6ar~ ~nd espeass~ so incurred or paid, toaetf~ with sucb interert. sh~U bs ~se~ued by
the li~n of this mostgs~.
6. Tdat !al !n t6e wmt ot an~ bn~cL of t6is martsy~s a~ d~Ea~lt oa t6s p~rt of ths Mo:t~or. a(b) in tlrs
eveot any ot said snm~ of monsy benin rei~red w bs not penmpdy ~ad tulbr pdd ,.ithin te~ d~ys n~st ~ the
ams ~swnitp bsoom~ dus ~ad pwabi~, ~itbout dem~nd ar mtios. or kt in tM wemt each ~nd ewep t6s ~tipWat3oo~.
~resm~ota. ooodition~ and ooveoaota oC ~aid promiaory note aod tMs no~o~t;age, an~ cr eith~r. ~e+~ not da~y.
p~A~7 ~17 P~ormed. di~el~tg~d, ezscuted. atfeeted. oompkted. eompiied with and abided by. tl~eo. in either
or anv wch eveat, ths said a~regate wm meetioned ia s~id pcomiwory aots tMn reauiniog unpaid, wltb iatarest
~eerned. and all moosrs ~eeured 6erebr. sluH beooms dw ~nd payabis fortl~witA. or th~wtta:. at the option ot aid
Mortgagsa, as inltp ~nd oompktdy ~s if dl of th~ nid wm~ of nomsy were originally stipulated to bs p~id on
snc6 day. aaythioa in nid p~+omiawrr not~. ~nd or in thi~ moctpg~s to the oonu~ry notwithstaadin~; and
t6ereupoo ~ tber+e~ite: at t~s option of said Mortpgee, witbont notin or damand, suit at law or ia equity.
tl~eratofars. or there~itar beenn. may be p~w~eubd u it dl enonsys secured bereby had matured prlor to its
in~titution.
7. That ia ths event that at t}~e be~Inain~ ot or at any tims peadins ~ny s~t npon tbis nwrtg~gs. or to toteeio~e
it. oe to rtfam It. andlor to eaface payment ot any cWm~ Mee~nder, said Martgage~ shall apply to t6s aourt
b~vins juri~diction t6seeof for tAs appointme~t of a Reaiver. ~ueh oonrt shdl fathwitb appotnt s R~aivr ot sNd
~B~E'~ P~'oPRt1 e~~• ~~~8 dl ~nd singular tbe rents income pto8ts. issues aad revesnes tt~em
, wlutevar wnroe deeived. e~ch a~ rven? of ~?hic6,. it beina e:preealy nnderecood is he~aby mortg~ged ~s if
spscilically sst tort6 and descn'bed in the granting and habeodu~n dansee hereof, and sueh R~ceivar shaU have
i dl tbe be+wd ~nd effective functions and powrers in anywise eatrnsted by a eourt w a Receiver. and such appointment
; shall bs made by sacb ooart u aa admitted equity ~nd • matter of abeolute right to said Mortgagee, and witAout
~ refe~ence to the adeqwer or inadeqwcy of the vdue ot the prope~ty mortgaged or to the solvency ot insolvency
of s~id Mortaagor andlor of the defeodants. and th~t enc6 reats. profits. ~noome. i~ rnd revenues sbaII bs ~pQliecl
! bp soch Reoejver atoordicg to tbe kin ~nd/or eqwty ot said Matgagee and the pncCice of stuh eo~ut.
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8. It u undentood ~nd agreed tbat t6it moctgags i~ sivsn to sacvice. in addition W t6e note or obliption i
~bow dMeribsd any addltion~l Iwn~ or fnture ~dwnoM m~ds witbin tweoty yev~ irom dats bseeof by t6~ moetsages
to a~W m~octsa~ors or aay woo~s~a in titis ai ~aid mortgsson ot tbs propecty hersby conveysd: provided tl~t t6e
total mpaid b~lanee of the hereby an tims s1W1 um peine~al `
.~,nc or TNO THOU5Ar1~NE
H~I~NDRED S~VE~ nou.~
1! 1. phu int~sst tbereoe and any disburssmenta made by t6e enortgages far tlis payment of tazes. kviss o~ iasor~nos
oa tt~e p~+operty enenmbered Isersb~y. wjth intere~t on sncb disb~rs~nts.
iN WITNE33 WHEREOF, the eaid Mortgagor lus ezeeuced th;s cnortg.gs unde~ se.t on the day and year he~ein '
first above writte~n.
~ ~led and red ' pro~enoe of:
.
~ (SEALI
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" hi rl e ~sEw?
~ 3TATE OF FLORIDA y • Otty
COUNTY OF 3T. LUCIE ' ~
~ Before ms personally appe.red Rnna~d F, jp~,t,~v__,_and thi rl pv .l _ Tettv, hi c wi fe ~f 548 ~
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~ Oak Ridy~Qt~, Indialantic, FL 32903 '
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to m~ wrll known and lmo~wn to ~r W b~ tbs individwL.S ds~aib~d in ~ad who ~z~enbd t6~ f ~
aad acknowbdssd bstors m~ that ti.6~. asecnted th~ wm~ far th~ p~upw~~tl~ein e ~ _
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