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STATE R I CD l~. i .
r~~' OOCIiMEN~fARY;!~
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ST~A M P? l`~?~ I ~~i
c t° DEP1.
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REVENVE , ~~/V's~~
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° P•. , t 1919 J~. -9
. - - ~ ' ~AN~~~~~~
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~.n b.~ c~ ~ w~.Qa a~coao vER,~~~o._.~' "
opt appb? ths sam~ w~ .ooount or tbs indebted~ Ncurd l~se~eby « to permic
~aid ldortg~gor to reaive urd uas it oe aqy part t!?eceot for othe~ p~upo~ witl~ont tlNnbr waivin,~ o~ iimpairina
W equity. Itea ae right under or by virtue ot this awrtga~ and ia NM ewM aid Mortgag~or s6dl foe aeyr ee~wn
tdt to lceep ths said pr~iss~ so ineured. oe fail to ddiver p~+cmptb? aq~ o~ nid policie~ ot inwnna to a3d
Mor~gae~ or hil P~P~b~ ~ P~1' ~Y ~Rl? Remium therstor. or in aepr n~pset tail to pKtorm. diad~ar~,
euvte. efteck oomplste. compt~ with and abids by thL omraoan~ oe aqy P~rt 6eeeo~ saW Mataai'e~ mU' pl~OS +md
M7 tor snch insuraace ar aqr p~rt theeeot witbout waivin6 or athctina n4 option. lisa. Mnt~7 or rigAt nnd~ a~ bp
vhtne ot this mortgase~ and tbs iWi amount ot e~cb and ev~ ew~ p~ymsnt s6a11 bs imnredtately dw and qyabis.
and shaU bs~r interest trom tLs date theeecf untli pdd a! tM rats of tea per oeatum per annum and to~ether wkh
snch iatersK shsll be seenred by ths tkn ot this mortgagr. .
4. To permit, oommit or suffer no wasta impairmsnt or dete~ioratiod of said P~P~'tY a~Y W*~
- b. To pay all and siugular ths oost~. c.barge~ aud e~penees. inchdiag re~sooabls lawyee's fees ~nd owt of
abstnets ot titk. incurrsd or paid at any ti~ns by said Mortgagss beauss andloc in tbs svent of the f~iluro oa the ~
p~rt ot t6s said Mortgagor to du1,y. Pe~oaoptU? and tnll~? Pecform. disch~rgs. ezecute. sHect. oomPlete. ooa~p~? w[t6
and abids by eac6 and svery ths stipnhtioos. ~ts. ooadit~ion~ ud coveoant~ of ~aid promt~sory no~a ~nd
this moctgsgs. any or eit6er. and said aosts. chuge~ and ~pea~es. e~ ~nd evury. sha0 be immediateb+ due ~ad
P~.Ysbls. whstbee or not there bs notios. deRnand. attempt to oo~lMet or s~t p~ding; and ths tull amonnt of each
aad ev~y snc6 payment a6all ba~r interest traa t6s date thereof until p~id at the nts of ten par oeatum per
aanum: aad dl said coste. cha*6~es and eapsn~es so i~urred or pdd. together wlth awe6 interest, shall bs secured by
tbe lisn of this rnortga~e. .
6. T6at !a) in the event ot any bre~cb of this mortgsg~s or dehnlt a? ths part of t6s Mortgagor. or (b) in tbs
• evant an~ of s~id same oi monsp 6ee~ein refeR~sd to be not ~a~mptly and f~IIy paid withia ten d~y~ ns:t after t6s
eams severally beooms dus and pa,yable. without demand or notice. oe k) in ths svaot eacs and everY tbs ~tbo~,
agreements. oo~nditions and oovenaatt ot s~id p~omissory note and this aaortg~gs. any or dtbe~. are not dnty.
Pro~ ~d ~Y P~ormed. disebarged. e~ecuted. sReeted. eomPktatl. oomP~ied wIth and abided by. thm. in eitber
a~r any wch event, ths said aggregate wm mentio~d in eaid promisso~y note then remaining nnp~id, wit6 intarest
~ccrued. aod all monsys sscured 6eeeby. sh~ll became dns ~nd po~yabls faet6wit6. or thereaft~. at tbe optioa of s~id
l?Sortgages, as tnl~y and oompktety as if all of tbs s~id sams of tamsy w~ers a~3gfaallr stlp~ilated to be paid on
such day. ~nything id said pwmiasory nota and ar in t6is mortgage to tbs oontrary notwithstanding and
thareapon ot tl~ere~ftar at ths option of said blortgagee, without notioe a~ ~ dam~nd. suit at !aw ~ in equity. -
tberetotoe+e. or thereafter beg~n, may be prnseeuted as if all moneya eecured hereby had matnred peior to its
institnlion.
7• T6at in the eveat that at tbe beginntng of or at any tims pending any snit upon this morcgage, or to foreciose
it, or to rei~m i~ and/or to enforoe payment oi any claims here~nder. s~id Matgages sh~ll apply to t6s aourt
~~8 l~ «~t for tbe appantment of a Reosiver. euch court si~all fort6with appoint a Receivar ~ said
~8a8'~ 4~P~tY ~~d ain8~lu. includie6 all and singnlar ths reata inoome profita. iss~ee and revenuee from
whatevee ~ouroe derived, each and avery of which. it being e~sty understood is hereby mortgaged as if -
apeeI~al~r set fortL and descn'bed ia tbs granting and lubeadum cLuses hereof. ud sncb Reoeivec aball have
aIl ths brwd ~ad effective fu~tioas atd powers in enywi~e entruated by s oourt to a Reoeiver. and suc6 appointmeat
f sball bs made by wc6 eo~rt u~n ~dmitted equity and a matter of absoluce right to eaid Mortgagee, and without
I referenoe to t6e adeqwry or in~deqn~,y ot t~ vahie of t6s ProP~tY ~8~ ~ to the sotveacy or msdvem.y
~ of sajd Martgagor end/or of t6e defendants. end that s~u6 reats. profits. inoome. issuee and revennes sbaD bs ~ppued
by sueb lieoeiver acoor~ing to the lein and/or equity ot said Martgag~ee and the prsctice of sucb ooort.
~ 8. It is understood and ageed th~t this mortgage is given to sewre. in addition to the rwte ur obligaCiou
' abovs described anq additional louis or inturs ~dvanees made within twent~ ye~rs irom date hereof by the mortgagee
to a~id mortgagots or ~ny sw~oessor in title of sJd mortgag~o:s oi t6s ProP~~Y ~Y ~VeY~: P~ that the
total unp~id bdanoe of the indebtsdness escured henby at any ol~e time s6a11 ~ceed the muimam ~
~c~f Seven thousand Five hundred forty-two (7,542.00~ n~
(i 1. Plus interest tbereon and any disb~vsements made by t6e mortgagee fo~ tbe payment of tuzee. leviee or ineurance
oa the property encumbered bersby. with intaest on snc6 disbnrsements.
IN WITNE33 WHEREOF, the aaid Mortgagor has ezecuted t6is mortgage ander eea! on t6e day and yesr herein
first ve written_
~ fnd deli ot:
~ . .
~ r U ' (SEAL)
> R. Idalee SCItO~t ISEALI .
~ 3TATE OF FLORIDA
~ OOUNTY OF ST. LUCIE ~
~ s~o~ ~~u~, a~.~a Arthur L. Scholz and R. Idalee Scholz, his wife of
~ 541 Capril Road, Cacoa Beach, FL 32931
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~ to ms weU Icnown snd lmowe to ms to be ths individual.s de~a~ibed 'm ~nd w6o ez the tot~egoioa 1o~tmsg~.
~ and arlcaowbdged before me that .~he.~ e:ecuted the ~ame tor t6e quposss therain .
,..:.,ti t ~
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WITNE33 my hand and ofKei~l se~l thjs
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BOOK c)1~ PAGf 41~ ~y ' ~~F`' ' ~r~ ~
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