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~hall haw tAe optioa W receivs and apply the aame on accouat of ths indebtedness securod Aerebr ar W~a~it
s~id Mortg~ot W roteive and ws it ar ~ny part thsreot tor oLher pnrposes withont tbeteby waivios at impairina
aay equity, Ikn o~ right under or by virtue ot t!?is mortgags: and in the event said Mortgaaor shaU for aay reawn
t~il W k~ep the satd premisss so insured. or [ail W detiver p~oanptly any ot said policiw ot inwnnoe W wid
MortgagM, or tail PromP~~Y ~ MY ~Y ~Y P~'e~um tberetor. or ia eny respect fail to perfarm, discbatsa.
~eute, ettact, compkta compiy ~rith end ~bide by this rnvenant, or any patt herenf, sald Mortgages m~y p1~os ud
p~y tat sueb in~urance or ~ny part thereot writhout waiving or ~ifecting eny optan, lien, equity or right ~nder or by
virtus ot this morttgage. ~nd ths tull amoant ot e~cA ~nd every aucA p~ymeat ehall be immediately dw ~nd p~y~b{e
and sluU bcar intere~t hom the date the~eot until paid ~t the nte of ten per centum pe? annum aad together with
snc6 int~est slull be sscured by tl~e lien ot t6ie mortgags.
4. To permi~ commit or sufter no waste, imp~irment or deteriontioa oi ~aid property or any part thereof.
5: To pay aU aad singular the eoste, charges and espensea, including rea~onabk Iswyer's tees ~nd ooet ot
~bstracts ot titk, incurred or p~id at• any time by said Mortgagee beuuee and~or in the event ot the tailure on the
part of tbe said Mortgagor w duly, promptly and fnUy perfornn, discharge, e:ecute, eNect, eompiete, oomp~y with
~nd abide by each and every the stipulations, agreements. oonditions and oovenants ot said promIseory note. and
thia mortgage. any or either. and eaid costs. cAuges ~nd sspenae~. e~ch and every. eh~ll be immediatety due and
paYabk. whether or not there be notioe. demand. attempt to oolleet or suit pending; and the inll ~monnt of each
and every such payment ahall be~r interest from the date t~sreof uatil paid ~t the nte ot ten per centum p~
annum: and all said costs. chargss and ~pensee so incurred or paid. t,ogetAer with such intarest. ehall be sscured by
the lien of this mortgage.
6. T'hat Ia1 in the event ot any bre~ch of this mortgags or defaulE on the part ot tlrs Mortgigor, a~ Ib) ia ths
• event aay of said aume . of money herein cefereed w be not P~P~Y ~~Y P~ within tas days na:t afte~ t~s
s~ms ssve~lly beoome due and payabls, witlwat deau~nd or notice. a~ tc! in the event tic6 and sve~y the stipul~tiotu.
agreemsnts. conditioa~ and ooves~aats of said promissory oots ~dd Nis mortg~ge. anq ot eithar. ars not duly.
promptly and fuliy psr[ormed, discharged, ~ecuted, effected, oompleted, coa?plied with u~d abided by, t~, in ather
or any such eveet. the said ~ggregate sum mentioned in said promiseory note then remaining unpaid. with iat~ereet
Kcrued, and aU moneya secursd hersby, ahall become dus and payabie tortbwith, or thereaiter. ~t tbe option of a~id
Mortgagee, as fiilly ~ud compktely as it aU of ths said sams of nomey w~e originally stipulated to bs paid oa
auch day. anything in said promissory nots. aad or in this mortgage to the contrary aotwithstanding and
thereupon or thereafter et the option of said Mortgages, without notioe or damand, auit at law or in equity,
theretofore. or th~fter begun. auy be p~o~scuted ae if dl moneye secared hareby had mat~ued prior to its
institution. .
TF~at in tse event that at t!?e beginning of or at any tims peoding ~ny euit upon this mortgage, or to toreclose
i~ or to reform it, andlor W enforce paymeat of any claiQU hsreunde~, said Matg~ges ahaU apply to t6s ooart
having j~uisdiction thereof tor the ~ppointinent ot a~teceiver. such co~ut shsll forthwitA appoint a Reeeiver of said
~ P*~P~Y ~ aad singuLr. ineluding dl and eingular the rents incoroe profita. issues and eevenues [rom
' whatever souroe derived, e~eh and every of waics, it bsing e:pie~ety underatood is hereby mortgaged as if
~ specifically eet forth and described in the grenting wd habendum elauees hereof, nnd euch Receiver ehall 6ave
~ dl the brwd and ~ffective functione and powrers in any~rix entrusted by • rnurt to e Receivet, and ~uch appointment
~ ahall be made by such court ~s an edmitted equity and a matter ot abaolute righ~ to ~aid Mortgegee, and ~vithoat
~ reference to the edequacy or inadequacy of ihe value of the property mortgaged or to the solvency or insolvency
of said Mortgagor and/or ot the defendants, and that auch rente. }nofits, income, isaues ~nd revenuee sha11 be applied
~ by such Receiver ~coording to the lein and/or equity ot a~id Mortgagee and the practice of snch aourt..
t .
~ 8. It is understood and agreed that this mortgage is give~ to securs, in additbn to the note ar oblig~tion
~ sbove dsecribed wy additional loan~ or tuture ~dvancee mads within twenty ye~rs hom date hersof by ths nwttgsges
to satd mortgagors or any e~cosssor ia titls of ~aid mortgagors of the property hereby conveyed: pmvided th~t the
total unpaid balance of the indebtednees eacured hereby ai eny one tims ehdl not e:eeed the muimum principal
amou~cot SEYENTEEN THOUSAND FIYE HUNDRED (17,500.00) ~
ts 1, plue interest thereon and any diebursementa made by the mortgagee for the p~yment of tues. teviee or insoraoce
on the property encumbered hereby, with tntereet on such diebureemente.
IN WITNESS WHEREOF, the +aid Mortgagor hae ezecu~tdis moctgage und~ eeal on the ciry and ye~r herein
fu~t ebove written. /
Signed, se~led snd delivered in the presence of: .
~
~ ~ z~a % 1~ c;,~ ~ ,
sE~Li
~ eorge . omn
ISEALI
~
~
SfATE OF FLORIDA ~ t _
~ COUNTY OF ST. LUC1E
~ Before me per~onaUy .P~.~a George M. Romn of 236 Spring St. , Brockton, MA. 02401
a
~ , •~r;~:L~y.~,
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W ms weU known and Imown to me to be ths individuaL.. desrn'bed In and w6o e:eeuted ,
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~nd acknow{sciged betoro me t.dat he.... e:ecuted the s~me tor tlie purposes thersin e:p~e~rd, • :
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