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shall have the option to eeceiw and npp~y ihs same oa account d ttse indebtsdnees secured ber+eby er to peratit .
said Maetpgor to reodw and u« i< a any part thseeof for other prup~oase without theeeby wai+risg or impaiins
eutl? equity. lien a right uadsr or by virtue d this mortgagee ad iA tM event saW )rtortgagar abaII for nV trtasoa
fail to losep tM said pnmis~a eo insu»d. oe fop to deliver prvmpi2y ~y d slid poiiciw of laemaaos to esid
Mortgagee. ar tap peomptiy to pep? fully nay premium tbeteter. or k any respect fail to paefoea~. distdtarge.
auuta. effect. complete, eompb? with and abide by fhb covenant. or any part hereof said Mafaagse may plans and -
ped? for each insruance or any part ~ thereof without waiving ar affecting nay option. lien equity or eight under or M
vietns of chin nartgage. and the tub amount of each and awry each payment shall be ima~sdiatey dw and peprabM
and ahaU bear iatereet from the date thered until paid at the me of tea per oentum per annum sad .together with "
such interest shalt be eetvred by the lien of this mortgage.
4. To permit, comadt or suffer ao waste. impainr~t a deterioration of said property or nay part thereof.
5. To pay cep sad singular the costs. charges and expenses, including reasosable lawyer's fees sad cost d
abstracts of title. incurred or paid at• any tins by said Mortgages beauae asdlor in tbs t~oi the fapun on the
part of the said Mortgagor to dubr. promptly and fully Pet'form. discharge, execute. eompletw ~ with
and abide by etch sad evesy the e~tiprtlations, agreemmte. oooditioos and oovenaats of • peoetieeory note, sad _
this mortgage. nay ar either. and said costa. charge. and expenses. each sad every. shall imcnediatebr due sad
payable, whether or not there bs notice. demand. attempt to collect a suk psndisge~ sad faII suaowot of each "
and every such . payment shall bear interest from the date thered until paid at the rate ten per oeatum per
annum: and aU said costs. charges and ezpeassa so iaenrr+~ a paid, togieelaw with such is sbdl bs ascured by
the lieu d this mortgage: '
6~ _Tlut-fa) In_ths event of any breach d this mactgage er defauk on the part of the ~ , a Ibi io the
• event any of said sums of money heeeirt e+etecred to ba ant peomptlj? and fully paid withtn days net altar tbs
same severalty become dns and payabMr without demand or notice. or Icl is the event each sad N?s etlpnLtioos. -
~greea~ts..~oonditioas and covawnts of acid prombsory note and tbk matgags. any or sey not dubr.
promptly sad fnpy p~rfvrmed.- discharged. executed, effected; completed. ooenplied with and by. -then. io akhee
or any such event, the said aggf+egate sum mesttiooed is said promissory note then remaining with interest _
aoaned. sad alt moasya aecnred hereby. shall become due sad payable forthwith. or thereafter. at option d said _
Mortgages, as fatly and oompletel~? as U cep of the acid emus of aomey were o'iginapy stipuL to bs paid on
such day. anything is said peomissory note. tad a is tMa mortgage to the contrary and
thereupon- or thereafter at the- option of and b[ortgages._ _without . notice or _ aoit _at_ law " .
iheretotare. or thereafter begun. may be prosecntd as ii all mareys seemed hereby had matured prior to its
institution. "
7. That in flu event that at the beginning d or at any time pending any suit upon this mortgage. a to forectoes ~
R. or to reform it. aadbr to enforce payment of any claims hereunder. esid Mortgages ahaD apply to the court
having jnrisdictioo thereof for the appointment of a Receiver, each court shall forthwith appoint a Receiver d acid
mortgaged property aII and singular. including aU -and singular the rents income proCts, issues and eevenuer ham
whatever source "derived. each and every of which. it being e:peeee~y understood k hereby mortgaged as if -
specificapy set forth and described is the granting and habeadum clauses hereof. sad aneh Receiver shaD have
all the broad and effective functions and powers in anywise entrusted by a curt to a Receiver. sad such appointment
shall bs made by such court as em admitted equity and a matter of absolute right to acid Mortgagee. sad without '
reference to the adequacy or inadequacy of the value of the property mortgaged or to the solvency a insolvency
of said Mortgagor andlor of the defendants. and that such rents. pro5ts. income, issues and revenues shell be applied
by such Receiver according to the kin andlor equity of said Mortgagee and the putties of such ooart. -
8. It is understood and agreed that this mortgage ie given to sectue. id addition to the note ar obiiption
above described any additional loans a tntnr+s advances made within twenty years from date hereof b7 tbs moetgages
to said moitgagors or any asocaaor is tills of said mortgagors of the property hereby conveyed; provided thK the
total unpaid balance of the indebtedness secured hereby at any one time shall not exceed the maximum p"riaipal ~
am~un~d seven thousand nine hundred twenty two and no/100 ~
Is 1. phu iatetest thereon and a~ disbureemeats made by the mortgagee fa the gymeat of fazes. levies or iasuranee
on the property lumbered hereby. with interest on such disbursements.
IN WITNE83 WNEAEOF, the said Mortgagor has ezecuted this mortgage under seal on the day sad year herein
fn~at above written. r
Signed. sealed and delivered in the preaenee of:
~
ev ISEAL)
ISTsAL1
No E. levine
31'ATE OF FLORIDA s~ ~
COUNTY OF 3T. LUCIE
t3efore me peraonapy appeared Mor'tOn Levine and Nnt^ma t= _ 1 ayj j~a h{ c rri fo of 1 inn
St. Charles Place L-4 Pembroke Pines F1 33026
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,~~µN~++~i~~ lulovn and !mown to me to b0 the. individual... described is and who eaecutad flu tereg~ohtig iostiument,
t
.'.,~,~e~ ~ ` before ms tort ~Ju~. ~etecnted the ame far the purpows theeein expressed. t
arl? hood and ofBdah-seal ihii 4th of A t Ih
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• Cat ~ . r`'s ~z,
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E'. L ~ Notu~r ~a and tar
. ~ U113~6 th. Coon and sc..t. ,~?toee.aid.
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~ 60011 PARE Kathy A. 0 Neal
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~<<` : My ooma~ireioa e:pie+sa+
~!?''::"'"`'~t June 28, 1983