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is. eo~:oM.r .4:... to p.rror. oo.~r ~atn ~nd ~bid~ b~r ~h .~a «.rr o~,. of cn. .ciq,i.cioo.~ .~.w~c•~ ~
co~dition~ ~rd aov~nt~ in tl~ Ctydi~ Aocws lin~ 11qe~wnt ~rW in thi~ Mortyp~.
16. I~ anr ot ~aid aw~ ot ~on~r Iwnin r~tur~d. to b~ not peaptly p~id Mwn di~ ae it tM t~rr o~ Nid
Aqr~~t ~ rot dulr p~sfos~d. oo~p11~0 Mith snd ~bid~d br, tM ~qrp~t~ ~u~ tMn rwinin~ unp~id dwll b~cor dw
~nd p~rabl~ fortlwith or tMrMttu ~t th~ aption ot th~ l~r.
17. TAi~ lbrtqp~ Mcur» tM s~~t ot o~rtain ~ur ~dv~rK.yd to th~ Baero~r u~Nr • er~dit ~r~wrst. Ow to
cr d
ths r~latiaahip b~t~n tiw 9oero~r ~nd l~s ~nd t!N ~oct~ion ot cr~dit bwd upon tM p~r~l ti~w~cial
cirawtrK.w of tM Barro~r. ths abliq~tion Nour~d br thi~ Ibst~ ~r ~ot bb wu~sd.
It all ac ~nr part of tM Prop~rtr ar ~n int~rat th~r~in is ~old, tsMat~rrd, or ena~~r~d by BorroMSS. all
sur ssoured br thi~ Mort~ ahall bs i~diat~ly du~ ~nd p~y~ble.
18. Upon requMt by Bo~ro~r, L~r, ~t Lendsr's aptian +dthin tMSnty ~rs ~ra~ tM d~te of thi~ Mort~. Mr
~ake Futur~ J1dv~ncM to BoeroMir. SucA Futun Adv~ncN, rith intese~t thsreon, ~hall b~ ~sour~d by this MaTt~ ~Mn
evid~ncyd br proaiaory nota ~t~tirg that s~id notes are securb hsreby. At no ti~s ~hall ths principal a~ount o~ tM
indebtedn~~t asour~d by Ni~ Nortq~gs~ ~ct includirq aur adv~nced in ~ccordancs hsrwith to protect ths ssourity ot
tAis Mort~p~ ~cceed ths oriqinal a~ount ot the Nds plus IIS~ in an wount equal.to SOX thsrsof.
19. 11~ used in this Mort~qs ~nd in ths Note, "~ttornsy'• tes~" ~hall includs attorner'• tees, if ~nX, rhicA ny bs
awardsd br ~n ~ppsll~te aourt.
20. BotroMSr ~Aall f~ithtullr ~nd fullr oo~ply nith ~nd ~bids br evsry t~r~, coven~nt and oondition ot ~ny wipsrior
wort~ or ¦ortg~ga pressntlr a~ou~bsriny ths ~orty~qsd Propsrty. A dstault ot dslinquency under ~ny wipsrior
.wrtg~ or ~ortq~ps ahall autaatic~llr ~nd irsdi~ts~r-oonstituts a defwlt undsr this Mortq~gs. lendsr is sxprealr
authorized ~t its aption to advance all aws nsceseary to losep ~nr supsrior ~wrtg~ ae ~ortq~gss in qood standinq.~nd
all swr so advancsd. togsther with intsrat at the r~te of siqhteen psrce~t (19~) psr annw~ ah~ll bs eubfect to ths
provisions ot p~r~gr~ph 21 ot this Mortq~gs. BorroMSr ~ress rot to ~dcs ~ny agree¦snt with the holdsr of ~nr wapsrior
wortq~gs th~t in ~ny Msy ahall ~odify, dw~qe. altsr or sxtend any of ths terws or oo~ditians of tMt eupsrior ~ortqqs ~
nor ahall 8orro~+er request or ~ccept r~r futurs ~dvancss u~der that supsrior ~ortg~gs~ ri.thaut the exprsas nritt~n
conssnt of Landsr.
21. If 8orra+sr fiils to p~r ~nr d~rqss or cbliqation required to bs p~id by Borrowsr by this Mort~gs Mithin the
tise sst forth for th~t p~y~snt, Lendsr ~I1 h~vs ths right to p~r the ch~rgs o~ abligation ~rithout ~wivinq or affect-
ing ths option of lender to aonsidsr this Mortq~gs in dsfault pursu~nt to the provisio~s of this Mortg~gs. Evsrr
pay~t eo ~ds ahall bear interest tro~ ths d~ts of p~y~snt at ths rats of eighteen psrcent (18x) psr Ewry
; b ali~bbidse~sd~ ilti~
~~onsys arod br 8orro+rsr to Lender, ah~ll bs p~rable an ds~nd of Le~dsr and ah~ll Ee
~ 22. Upon ~coslsration w~dsr p~r~graph 14 hsreof or abandar~snt of ths Propsrty, Lendsr shall be entitled to h~vs a
receivsr appointed by • oourt to enter upan, t~ke pos~sssian of and rn~qs ths Propsrtr and to collsct ths rents of the
Paopertr. All rents oollectsd br ths recsivsr ahall bs applied firet to p~~snt of ths costs ot ~sn~ge~ent of tAs
Propertr ~nd oollection of rsnts, including, but not li~ited to, receivsr'a fses, pre~iu¦s an recsiver's bo~ds and
reesawble ~ttorners' fses~ and then to ths eur ssairsd br this Mortg~gs. Ths rscsivsr ah~ll be liable to ~ou~ onlr
~ for ttwes rente actuallr receivsd.
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j REQI~ST FOR NOTICE ff OEFAU.T
~ MD FOfiECLO5IJNE UDDER SUPERIOR
~ t~itTGAGE ~t OEED ff TRUST
~ BorroMSr and Lender request ths holdsr af ~ny ~ortg~gs, deed of trust ~ other anou~br~nce ~rith a lien ~hich I~e
~ prioritr wsr this Mortg~gs to give Notice to lander, at LaMsr'a ~ddress sst forth on pegs ans of this Mortqoge~ of anr
default w~dsr ths supsrior enou~brance and of anr s~le or othsr foreclosurs action.
f
~ IN MITt~ESS IiERE~, 8orrwrer twa executed this Mortgsge. .
~ Signed, aealed ~rd delivered
F in t eaence of: _ ~
~
~ - ( seal )
, - - ~ Borro~+sr
~ n
€ ~ ~t G~ LL ~ l~1 /,l ~ Cssal )
; E. Ja[~es BorroMSr
~
~ STATE ff iLORIQl1 )
` SSt
~ c~~Y oF St. Lucie ~
,
i nerebr certtrr tnac an tnis a.r, bsfore .e, an of aui .u r~ea atat at rssaid and i~ the ca,~r
~ eforssaid to taks ack~lsdgs~snts, ~r~,.iir .~.raa ~i~ia~a~. ~°~r~es ai~~°anet ~ones
~ -
` to ~e I
o~~n person s r sxsou orsgo ru~en twM ore ~e t
~ executsd ths srs tor the purposs thsrsin sxptsssed.
~ MITI~ESS ry hard end official seal in the countr and stats ~forssaid this 9th day of ~YY .
~ 19 84 .
Notery ic, Stats of lorid~
:My Co~ission Expiress
fV;,fary PuGii:~~, f~~i~:, t! ;ar~?~
My ~ ~ ~
~~hS~Nt. 28. 19flo
(Sp~cs Bslon Rsssrved tor Lendsr and Recordsr)
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~ ~ BQ~424 P~~ 975
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