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shaB haw tM optiou to reoeiw aad apply the sams on ~ooount oi We indebt~ Me.vrd hwrbr or to p~emit
~aid Yataasor to reoeiw aad ws it ar aqp part tl~arrof for othK purpow without tb~nbr w~ivia~ ar ~
W~quit7. li~a or rtaAt andK oe by virtw ot thi~ awrtaa~c aad in t!M evwit eaid l~at~~ ~6~11 toe aqp ra~oa
hil to ite~p t6s nid pranisM ~o inw~nd. oc hD ~o dsHv~ prou~pllp at~ ot Mid polici~ ot iorurauo~ to Nid ;
Mortsa~. ae t~tl P~'~P~1Y ~ P~Y ~4 ~3~ f~'~~ tbecetcr. or ia aqy ee~p~ct hD to pe~on4 ~rp. ~
a~crnt~. etlat. oomPi~ta. ~~pi7 with and abide by tliis oovauan~ or ~ny part b~eeot. ~aid Moet~ew mq Pl~a aod
p~y tor sneh iasunno~ o: uU? p~rt thereot witbont wdvin~ oe aitaetin8 any aPtio'n. l~n. puit7 or ei~At under ar bp
vlrto~ ot tAis mortg~. and tD~ fuD aaoon~t of ~h and ev~ty wc6 pa~nt sl~i bs i~nm~dVteb? dw and pit~rabie~ ~
sad ~ bear int~ewt trom tlw date thweot nntil paid at t6s rat~ oi t~n per oentnm p~ anown and tapther w[ts
snch iataee~t sl~ll bs ~eene~d bp the lien of this mo~taap. •
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To p.rmit, oommit ar snttar no ..asca imP~i:msat or deterioraciow ot sa3d propertr ar w? p~et t6ee+eof• ;
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5. 1b pay dl ud ~ingular t6e oo~ta. dur~s and ezpeaie~. ineh~ding reasoaabls law~re~'~ tes~ ~nd oat ot '
abstracta of tttb. iacurred o~ paid ~i~ any tia~e by s~id Mortgasee Decaws endlor in tl~e event ot ths tai4~n an tLs
p~rt o! ths said IY[ort6a~oe to du17• P'~P~b P~ono. di~dwrgr. ezecute. etteet. oom~pkh. ooa~r with
~nd abids by e~e6 aed every tbs stipqlatioo~. ~nemeata. ooaditioa~ ~nd oavee~ant~ ot nid promi~y nota ~nd ;
this mort~a~s, any oc ~itber. aad said eo~ts. char~ and asPenses. e~h ~ad everY. shaU bs ia~mediatai~? dus and
P~Y~bls. whsther or not tbere bs e~otics. dem~nd. attempt to ooDect or sujt peodiag: and ths fu11 amounL ot e~c6 ;
and svary sucb payn~eat sluL be~r intero~t tro~a t6e d~te t6ereot nntil p~id at ths rats ot tea per oeatwn psr i
annum: ~ad all said ood~. c6arps and azp~o~s~ so incnrrrd ar p~id, toeetl~er with sach inte~+~t, s6a11 bs ~scuied bp
ths lien of this mo~p.
6. That lal in tbs eve~t of anr bre~el~ ot this moctsagr ar dsh~lt cn tbs p~rt ot tb~ Matssaor. a(b1 io ths
• ev~nt any ot ~aid aum~ oi awns~? herein ref~rred W bs not promptty md t~r p~id w[thio ten d~~ t~t ~ha t6s :
s~a~ sh+aaUp beoome dus and p~yabls. wit6out dem~nd or notiee. o~ Ic) ia ths went e~c6 ~ad svq tl~s ~tip~l~tiow, ;
a~wm~at~„ canditioas ~nd oor~oaat~ of ~d prom~is~oq? noc~ and t1~ mortaage, any or ait6er. an not d~?.
P'~P~7 ~~7 P~ormsd. ~rg~d, ezea~ted. ettected aomPi~ed. oompliea wit6 and abided by. tl~a. in eitlwr
ae ~ny peR swn~ tLs said ag~ate wm meationed in s~id poomiacry note t6en remaining unp~id, writb iot~+e~t '
aeaved. and ~D mo~eys ~scured herebf. aUall beoome dns and p~yabls forthwith. or thecsatter. at t6s option at ajd
Mo~lgagrs. ~s tnlty and o~mplstdy, as if all ot t6e wid ~um~ of aomey were odgioally stipulated to bs paid an
a~uch day. ~nythir~ Li aid p~+onois~o~y. uot~. and or in thi~ mortgags to t6s ooatrary notwithstandin~ and
tl~w~pon or t6ereait~ at t6e option of s~id blort~~w, withoot notios or • da:wnd. suit at I~w .ar in eqn.ity.
tbaretofas. or thereafter bs~n. may be pe~oNCUted as if all moneys e~c.vr~sd baeby had m~turod prior to its i
institutioo.
T. '~at in tbs eveat that ~t the bsginning of ~ at any tims paodins any eait upon t,bls mortg~ga, or to fu:eclwe ;
it. or to t~form i~ and/or to enfaros payme~t ot ~ny cWm~ be~e~nder. said Matga~ s6all apply to tbs caut !
; lwving jwirdict~ion t6eteof for t~hs appointment of a Receiver. wcb ca~rt shdl foethwit6 ~ppouit a R~aiwr ot s~id
~6~ p'oP~~f ~8 a11 and ~ si~gul~r the rents incorae pro6ts. iuue~ aud rsveone~ te+om
wbatever souecs derived. e~e6 and evecy of which. it beins ~pe~eMly wrderstood is hereby mort~aed as if
speei6ally set fath and dercn'hed 'm the ~ntiug and iubend~mo cLu~es hereof. and wch Reoeiver sha11 6~ve
aD t6s bro~d ~nd eHective function~ and powers in anywi~e ~trusted 6y ~ oourt w a Receiver. and snch appointment
shaU be m~de by sncb oourt u an ~dmitted equity ~nd a matte~ of absolote right to eaid Mortg~gee, ~nd witbout .
~ reterenos to ths adequacy or inadequ~cy of the vdue of t6e property mortpged or to tlie solveney or i~olv~cy
ot s~id Mort~gor andla~ of t6e defendants. ~nd that snch re~ts. profits. inoome. iswes and cevenues shall be appL'ed ~
` h9 wch Recstver aao~ding to tbe 1an and/or equity of s~id Matgagee and tbe praetiee of wu6 aourt. t
E 8. It b tinder~tood and ~
agreed t6at this mortpg~ i~ aiv~n to ~ea~». in addition to tM note ar oWisation
abow de~rn'bed aay additiond iana ar fntnrs adv~noa m~ds within tw~eotr ye~rs Irom date ha~eot by tlr mortaages
w«~W mort;aaan oe anr woas~or in tkls of nid moctg~on oi ths peapertr bereby oonveyed; peovid~d t6at cbe
tot~l nnpaid b~l~nos of t6e indebtednses secured at an oos ' sl~ll eioeed t6e m~mum p'rindpl
.mwnc ot Tl'!0 THOUSAND NINE HUNDRED FIFTY ~l1~i0 ~2952.00~---------------- ~o~u,rs _
~ li 1. Plut iate~wt tbereon and any diib~v~smsnte made by tbe mortgagee far ths payment of tues. levk~ or ins~aanos
on t6e property aaeumbered hersby. . w~ith inter+est on snch disbnrsements.
IN WITNE3S WHEREOF. the said Martg~ga~ h~s ezecvted this mortgage under ss~l on t6e day aa~ Ye~r l~ein
tirst above writtm. E
3ignsd. ~led and deli ered ia tbe of: , '`i~ ~ l
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~ FLORI Pa a J. Rowlett
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~ CQUNTY OF ST. LUCIE
~ Thomas W. Rowlett and Paula J. Rowlett, his wife
~ setore me personaur appe~rec! _
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of 2749 25 St. , N. E. , Liqhthouse Point, Fl . 33064 -
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f0 m! ~ knOwa ~D~ ~OIr~ t0 ~ r0 ~ ~M ~DdfV~l~.. ~ jp aOd ~IbO WWL~ ~ ~,~k -
~ad ae~nowl~d~sd b~ion ms tl~i ..th~.y ~eeuted tLs Nms far tbs tt?eeein r~l i~ r~ .
P~uPo~e~ siPrerwf~.; i ' 1~ ~
wtTNESS m~ t~ana .na ot&LI .e.l ctiis 30th d,r o~ Novl~'' j'~' 9'•" .
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