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~o oo~r_vr~~'~' _ g !Ip $ 58
x~ ~ UEPT.UF RE1EhUE ~~a:STA/WP jA X~ ~p Y„ ~
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slvD b~w tM option to reo~ve ~ad .ppl~r ths sam~ on aooounc of t!w ind~btedn~a Mcnnd Swrb~ cr to p~emit t
Mid Ularts~ W eraive aad we it oe aq~? part thenot icr otl~ puepo~a withont tAenby waivins ce inopvrios i
W pnit,Y. li~a o~ ri~ht u~ ar bp virtw ot thV enatss~ aq~ ia tM eveot said Mart~`oe ih~ll tar an,p es~~on s
fail to k«p tM ~aid p~wni~ ~o u+surod. a' tail to deHvR pn~nptlp aeqr ot aid po1kM~ ot ia~oraoa to nid ;
Uto~ta.a... or tan PcaaPCb? w wr ~i~i' ~r P~~ tbentor. or in .nr ,wpecc l.il co pefoem. d~eA~ns.
esa~ts. ~tbet. eompkt~, eanp~y with ud ~~de by t~s coveoaa~ or aay part hecaof. ~aid Mot~e~ mq Pl~a ~d
P~y tot auh insuraaca or ~ny p~rt thereof wjihoat waivia~ ot affeMia~ anS? ~~oa ljen. pultp or riSQt ander or bY :
vtrtos of thi~ mortg~. and td tull amount ot eteA tad ev~? w~ch P~Ynw~t shsll b~ ima~editbty dw and pq~We
~nd ~al! bear interNt trom tbo dat~ tl~sr~of ~mtil p~id ~t t,As r~te of tea per centum p~ aanum and to~tb~ wkh
w~ch inta~e~t shall M s~vnd b~ tLs Tiea ot tl~ls rnoitgap. ~ ~
4. Tn pKmic, commic cr wtt~t no wa~c.. imp.irmsnc or dacer;oratio~ ot said pnpaty or anr p~rt. teereot.
b. To pay all and ~Lr the co~ta. cbar~e and a~se~. inclndwd rs~sonabk I~wyer's tes~ ~ad oat ot
abstraet~ ot titb. incurred o~ p~id ~t• any tims by sdd Mat~ag~es becawe andlor In tM avant ot ths taUu» an tbs
part ot tlw saW Mort~ to du17. P~7 ~~7 P~. e~eeute. eE[aet, oompbt~, ooiapb writh
~nd ~bido bp e~eb and eveqr Ws ~tipul~tions. agns~ta. oaditiow and oovenanu ot aid promiMay note~ and
tl~is mo~tg~s, any or eiWer. and uid co~t,s. du*B'M and espsn~, e~cA and ervery. sh~ll bs imm~diatal~r dw and
payabb. whathK or not there bs eatice. d~mand. attempt to oollset or suit psndina; ~nd t6s tull amonnt ~ e~c6
and rvery sneh paymeot shaU bs~r interert frcm tbs date tbereof until pairl _ at the nte of ten per antnm par
~nnum: and ~11 aid oo~ts. c6arge~ and s:pea~ so incurr~d ar p~id, ta~Aer witA wch inte~wt, sluU be ~saued by
tbs lieo ot tlw mortgap. ;
> 6. T6at la! io ths event ot mr brwch ot thia mort~ap ar d~tault oa tbs p~rt oE t,Ls Mortp~. a Ib) ln ths
• event any of ~aid sums ot awnsy hee+ein retrred to b~ not promptly and fuUp p~id wftlrin ten dq~ nat aR~ th~
wms sev~rall~ 6soom~ dus and payabb. wittwut d~mand or notka. a~ lcl in t6s ~vsnt each and everp tbs ~tlpal~tioo~,
a~ea~sats, ooodit~oas and aovao~at~ ot nld promiaory nots aod tbd~ moirtgaae, any or eithw. not do(p.
P~Y ~~Y P~• ~sd. esentted. effected. eomPletd. ooaipt~ed with and abided by. th~n. in ~itbar
or an~ wcb ava~t, tbs aaid ag~rsgate Nm mentansd in ~aid peomi~~ocy note tl~en remainina nnpald. w[t~ inteeest
~eerued. and all moary~ ~eeured 6enbr. sl~U beeome dw ud p~pabis forthwith. or thereatt~. at the option ot said
Moct~ag~s„ u fi~r sad oompkteiy u if aD ot tbs said atmt of nomsy were ociginaUy stipulated to bs p~id m .
sncl~ day. an~?thin~ ia s~id peomiwory not~ and or in tbls moctaags to t6s oontrary notwit~andin~ ud
the~wpaa or there~tt~r at t~s optbn of Mid bta~a~s, wit6ont nofioe or damand. snit at .law or in eqnity,
t6eretofore. or tAere~tta: besun, ma~ bs pc~oNCUt~d ~s U all mon~ps s~cured hersby had matnred prior w its
matip~tion. ~
9. That in the event that at tM besinoias of or at any tims paodina any suit upon thL nwrtgsg~s. or to foree{ose
i~ or to r~form it, andlcr to enioroe p~ymeett of any cLtm~ heee~nder. eaid Matgaae~ shall applp to t6s court
having Juii~diction tl~sreof Eor tbs appointment of a Reo~iver. nx~ oourt ~all tathwith ~ppoint • R,eoeiwr d nid
~6~ ProP~~7 vl and singular. inch~dtng aU aud singul~r tbs re~ta inoome profits. is~ues and rsvenue~ irom
wi~atever ~onros darived. e~ and every of whk6. it betas aspre~r understood ia hersby morcp~d u it
~ spea8eally set fact6 and de~cn'bed in tbe granttng ~nd habendnm eLuses hereof. and eneb Reoeiver sliaU 6~ve
f all the broad aad eHective tunctions and po.ve~ in anywiea eatrusted by a court to a R,eoeiver. and euch appointn~t
~ sbaD be m~de by auh oonrt u an ~dmiued equity wd a m~tter of abeolute right to said Mortg~gee, aad witbout
refe~enoe to the adequac~ or inadequacy of the value of tDe propeitq matg~ged or to the solvency or insdveocy
~ ot s~id Mattgagor andlor of the defendants. and that such renta. Profits. inooaie. issue~ aod revsnnes s6a11 bs ~ppBsd
by aueh Receiver aooading to t6e lein andlor equity of said Martgages and t6s pnetice of wub oonrt.
~ 8. It is undentood and a~bsd t6at t6is mo~tgagr ii giwn w Menrw. in sdditioa to ths noRe or oWiption .
~ ~bow de~cribed anr ~dditbnal lwn~ ar tuwrs ~dvanoss m~ds ~vithfi? twaoq ye~n tmm date bsreof br tM moct~agee
~ to a~id mo~ort ar ~ny woceNOr io titL ot aid mo~tasaon oi cbs property 6ersby convsyed: pnovidsd th~t tbs
total nnpaid b~la~e ot tbe . indebtedne~s ~eeured hereby as any oos tims shaL not esceed the m~cimum p~a1 -
(:~1.
phtis~
~t~insf HOUSAN~~y s HUND~E~~N~~Y 0 42~' ~0 ~p~y~ac-of
tuss. Isvis~ or !n«uanos
0o c6e pe~oparcy aaumbered 6ereby. .rich incered on .ue6 a;.bur~ments.
IN WITNE33 WHEAEOF, tbe s~id Mortg~gor has e:ecuted tble mo~tgags under ssd on tbe day and ye~r i~n .
firat abovs writt~.
~ 3ignsd. ~led and delivered in t6e presence ot:
~ 13EAI.)
~ J
~ 13EAL1
~ 3TATE OF FLORIDA . ~U8~~t8 C. Nance
~ COUNTY OF 9T. LUCIE ~
~ ~ . .
~ ~f~ ,p~ _ Roy C. Nance, Jr. and Juanita C. Nance, tii s wi fe of ~
~ .
~ 10656 Locust St. i West Palm 8each, Fl . 33410
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~ LO IDS ~ ~OOwO ~d ~n t0 r0 ~ ~N ~il~ dMQ~~ ~ wElO ~I~GiI~ L~ fCfl~ ~ i
~ iOd ~{N~~ ~O~M IDO ~ !=lCO~ ~1! MlU! iC~ ~ p13p0~l~ ~II • S • r ;
~ wrr~ss b.oa .na ora~ 23rd ~ ~ Feb - ~ j~^'
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. Not~ Pnblic i~ ~ad tor
~ 0 R catner`~ne`~M. ~an~~l~r;
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BOOK t'~C: Mr ~mmi~o~ ezpe.~ . t4j;~::ss,~~~ ` '
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Sept. 26, 1980 • ~ ~ . `
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