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shall haw tbs option to ~ receive and R6COR0 VERIFIED
apply the same oa account of the iadebtednsee secured hereby ore to permit
said Mortgagior to reodw and use it a aqr part thereof for other purpoese without thereby waiving a impairing
any equity. liar a right under or by virtue of this mortgage: and in the event acid Mortgagor shall for any eeaeon
tail to keep tM said premiess so insured. or tail to deliver promptly say of card policies of iaerraoos to said
Mortgagee. a fail promptly to pay fully any premium therefor.- or sA any respect tail to perform, discharge,
e:cute, effect. eompkts, comply with and abide by this covenant, or any part hereof, said Mortgages may plans and
pay for such insurance or any part thereof without waiving ar affecting any option. lien, equity or right under or by
virtue of this nartgage, and the full amount of each and every such payment shall bs imakdiately des and payable
and shall bear interest from the date thereof until paM at the rate of ten per centnm per annum and together with
such interest shall be secured by the lien of this mortgage. _
t. To permit, rnmmit or suffer no waste, impairment or deterioration of said property of any part thereof.
5. To pay all and singular the costa charges and expeassa including reasoaabk lawyer's fees a~ coot of
abstracts of title, incurred or paid at• any time by said Mortgagee because ardlor in tbs swat of tbs taihtre on the
part of the said Mortgagor to duly. promptly and tuuy perform. discharge, esecute, effect, complete, comply with
and abide by each and every tbs stipulations, agreemsata, oonditk?ue and covenants of said promiaory note. and
this mortgage. any or either. and said costs, charges sad expenses each and every. shall bs irnmediatdy due and
payable, whether or not there be notice, demand. attempt to collect or suit pending; and tbs full amount of each
and every such paym~t shall bear interost from the date thereof nntrl paid at the rate of ten per oentum per
annum: and aU said owls, charges and e:pensear so incurred or paid. together with such interest, shall bs secured by
the lia? of this mortgage. ~
8. That lei b the event of any breach of this mortgage or default oa the part of the Mortgagor. or (bl is the
- event any of etid sums of money 6er+eia rehrred to bs not promptly and tally paid within ten days nett attar the
saws severally become due sad payable, without demand or rwtke, a Ic? b the event each a~ every the stipWations,
agraemsnta oonditknte and oovenaate of acid promissory note and chic mortgage, any or either. are not dn><y,
promptly and fully performed. discharged. executed. effected. oompkted, complied with and abided by. then. b either
or say such event. the said aggregate sum mentioned is sad promissory note then remaining unpaid. with interest
accrued., and all moneys secured hereby. shall become due sad payable forthwith. or thereafter. at the option of sad
Mortgages, as fully and completely as it all of the saki sums of Homey were originally stipulated to bs paid on
such day. anything in said promissory rau, sad or in this aartgage to the contrary notwithstanding: and
thereupon or thereafter at the optioe of said Mortgagee, without notice or demand, suit at law or iA equity.
theretofore. or thereafter begun. may ba proeecutd as it all moneys secured hereby had matured
iostitntioa. i~ ~ its
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7. That is the event that at the beginning of or at any time pending say suit upon this mortgage, or to tareclose
it. or to reform it. and/or to enforce payment of any claims hereunder. said Mortgages shall apply to the court
having jurisdiction thereof for the appointment of a Receiver, such court shall forthwith appoint a Receiver of said ~
mortgaged property aD and singular, including all and singular the rants income profits, issues and reve®uee from 1
whatever source derived, each and every of which, it ~
specifically set forth and described in the ~8 eY understood is hereby mortgaged as if
greeting and babendum clauses hereof, and each Receiver shaD have
all the brwd and effective [unctions and powers in anywise entrusted by a court to a Receiver, and such appointment
ahdl be made by such court as an admitted equity and a matter of absolute right to said Mortgagee, and without
reference to the adequacy or inadegwcy of the value of the property mortgaged or to the solvency or insolvency
of said Mortgagor and/or of the defendants, and that such rents, profits, income, issues and revenues, shall be applied
by such Receiver according to the kin and/or equity of said Mortgagee and the practice of such court.
8. It is understood and agreed that this mortgage is given to scarce, is addition to the note a obligation
above deem'bed any additional bona or future advances made within twenty Y~ from date hereof by the mortgages
to said mortgagare or any successor ip title of said mortg.gora of the property hereby conveyed; provided that the
total unpaid balance of the indebtedness secured hereby at any one time shall not a:read the maximum priacipd
amount of Five thousand nine hundred and seventy eight dollars 1)o1Lrs
li 1. plus interest thereoa and any dieMrrsements made by the mortgagee for the payment of tares. levies err insurance
on the property encumbered hereby. with interest on such diabureemsnta.
IN WITNESS WHEREOF, the said Mortgages has ezecuted this mortgage under seal on the day and year heroin
first above written.
$igoed. aeakd sad livered in the'^~noe o,
- u rOC ~e (sEAL1
(SEAL)
Blanche 6. Wood
STATE OF FLORIDA
ss.
COUNTY OF 3T. LUCIE - -
Before me personally appeared Ruth M.: Crockett of 1264 Earl Drive Merritt Iclanrl F7 , 32952
a1ld~.BlanchP R Wnnd 7~~R Nomrnmh f ane Melbpurno~--Fl 32901 i"
_ i
-ier~;~ and kaawn to me to bs the indIvidudsi deeMbed is and who ezeeated the foregoing instrument,
~`~'~`,~{il~pgis~~.betor. me that x.hey. executed tbs same tar the purpo.ee therein e:pre..ed.
L~-
s! . ~ L~ s• f.
J_ y Au ust 19
• -load and otticial seal thin 18
' ' der of 9 79
- f: ~ w- ,
~ ' • . Notary I'nblie sad for
;
' - c~ the Count sad State Aforesaid.
3!~(~YJ~V PaGE2145 Kathy O'Nea~hj~~'e~
- - June