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Home My WebLink About0645` BOOK rr~licy a policies said MORTGAGEE shall have the option ro receive and apply the wnr un accwnt of the indebtedness secured Hereby or to permit said MORTGAGORS to receive and use it a any part thereof far other purposes without thereby waiving a impairing any equity, lien a right under a by virtue of this Mortgage; and in the event said MORTGAGORS shall for any reason fail to keep the said premises so inwred, or fail to deliver promptly any of said policies of inwrsnee to said MORTGAGEE, or fail promptly to pay fully any premium therefor, or in any respect fail ro perform, discharge, execute, effect, complete, comply with and abide by this covenant, or any part hereof, said MORT- GAGEE may place srd pay for such insurartu or any part thereof without waiving or affecting any option, lien, equity, or right under a by virtue of this Mortgap, and the full amount of each and every such payment shall be immediately due and payable and shall bear interest from the date thereof until paid at the rate of siz and six-tenths par cent parr amain and together with such interest shall be secured by the lien of this mortgage. 4. To permit, commit or wffer no waste, Impairment or deterioration of said property or any part thereof. S. It is hereby specifiplly agreed that any vein or wins which may be loaned or advanced by the Mortgagee to the Mortgagor at any f _--_L ,._ J. i.~,~~i v~ •irr-e after the recording of this indenture, together vetch interest thereon at the rate agreed upon ai il,c iirrK c, ~...,. ,...: o: s..:o ::.c, egwlly secured with and have tt~ same priority ss the original indebtedness, and be wbjoct to all the terms and provisions of this mortgage: provided, that the aggregate amotxtt of principal outstanding at• any time shall not exceed an amount equal ro one hundred and fifty per tent (150%) of the principal amount originally secured hereby. 6. To pay all and singular the costs, charges and expenses, including a reasonable attorney's fee and costs of abstract of title in- cuned orpaid at any tame by said MORTGAGEE because or in the evont of the failure on the part of the said MORTGAGOR to duly, pn.,rtptly and tetlly g•!rform, divi,.?rge, execute, effect, compiets, com9iy with and abide by each and every the siij,utii,.'s, agr~ :arts, ~:as:it:a:; artcJ •o-.-c.~.;::t; ._+ _:€~ r*--=---r~ ;j!e --a t~:s ~^**ia-„ ",v nr es•h~, ,.,,t ~e•l ~..4-r eF..r~...s anA axnanses, each and every. shall tx immediately due and payable; whether~or not them be notice, demand, attempt ro collect or wit pending; and the full amount of each end every t,ucn payn,ani sltsli iseir inteiaai frirrii +iti +;:la tlt,ertaf utttii pain' it the :ate Cf SjX II^:~ 3!X-!^Tt!:S ~ ^C•!!:!^-'1 (`!' 3r!^!'!^; a^!) all e~v_i costs, charges and expenses so incurred or paid, together with such interest, shall be secured by the lien of this mortgage. 7. That (a) in the event of ar-y breech of this Mortgage or default on the part of the MORTGAGOR, or (b) in the event any of said ~--- ^' :r.Y:*_-• t-erein referred to be mt t and ful ty (30) days next after the same severally become due and payable, F!ernp y ly paid within thin without demand or notice, or (c) in the event each and every the stipulations, argeements, conditions and covenants of said promissory note and this mortgage any or-either are not duly, promptly and fully performed, discharged, executed, effected, completed complied with and abided by, then in either or any such event, the raid aggregate win mentioned in said promissory note then remaining ur-paid, with interest aanred, and all rraneys secured hereby, shall beoonta due and payable forthwith, or thereafter, at the option of said MORTGAGEE, as fully and completely as if all of the said suns of rrYOnay wero originally stipulated to bs paid on such day, anything in said promissory note or in this Mortgage ro the contrary not withstanding; and thereupon or thereafter at the option of said MORTGAGEE, without notice or demand, wit at law or in equity, may be prosecuted as if all monies secured hereby had matured prior ro its institution. g, Tt.at i.t rt,...,..tr N+af ,t 1F±.~I,.gt.±.±i.±o of ttr at a.ty time p«r!ing any s•!it !~+ctr! t-!is Mortgage. or tr± foreclose it, or to reform it, or ro enforce payment of ar-y claims hereixtder, said MORTGAGEE shall apply ro the Court having jurisdiction thereof for the appointment of a Receiver, such Court shall forthwith appoint a Receiver, of sold mortgaged property all and singular, including all ar-d singular the income, profits, issues and revenues from whatever source derived, each and every of which, it being expressly understood, is hereby mort- gaged as If spectifiully set forth and described In the granting and habenduM clauses hereof, and such Receiver shall have all the broad and effective functions ~e,n~dd powers in anywise entrusted by a Court ro a Receiver, and such appointment shall be made by such Court as an admitted equity and s matter of absolute right ro said MORTGAGEE, and without reference ro the adequacy or inadequacy of the value of the property mortgaged or ro the solvency or insolvency of said MORTGAOR or the defendants, ar-d that such vents, profits, irKOrrtes, issues and rovenws shall be applied by such Receiver according ro the lien or equity of said MORTGAGEE and the practice of such Court. 9. To duiy, prompiiy artd iutiy perform, disc)arge, execute, etfat, ccsnplsia comply txiti: a:td :bide by each and evxry the sti,7,r• iatlorlf, agfeefrlefltf. Cl7rtoiiiGni ono cwertanis m aaio {xi+mia7uy nvie N"w' i„ ti,ii iiwsi~ri~a aoi fvY~ti 10. That in the event the ownership of the mortgaged promises, or any part Thereof, becomes vested in a person other than the MORTCr1L'rOli:, t~.a MORTGAGEE, It-s auu.assviS area' a'ssign:, trey, without notice to ttte tviURTGAGi)k, deal with such successor or successors in interest with reference ro this mortgage end the debt hereby securod in the same manner as with Mortgagor without in any way vitiating a discharging the Mortgagor's liability hereunder or upon tM debt hereby secured. No sale of the premises hereby mortgaged and rto fora bwra-xe on the part of the MORTGAGEE a its wcussors a assigm, and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors or assigns, shall operate to rolwse, discharge, modify, change or effect the original liability of the MORTGAGOR heroin, either in whole or In part. 11. It is specifially agreed that time is of the essence of this contract and that no waiver or any obligation hereunder or of tM obiigation secured itianrby shalt ai any time IftaraaHar be held ro ba a waiver of t`ta lama hereof or of ttta instrument secured hereby. IN WITNESS WHEREOF, lira said M7RTGAGOR has harounro set his hard and awl tM day and year first aforesaid Signed. Sealed and deliwrod in presertoe of: ... •~ ~' ~ ~` j , ' . - - .k~_ .._ -. ~`R'f~~~`'f/R-/- ~- _ (BEAU ---_ -_ o_. ~i~~o~ - -_ ~ ~,~~ t~~~ SEAS ATE OF FWRIDA . SS. ' COUNTY OF St.-_ Lucie_ ___-___ _ Beforo m. persortatly appearod Helen_M. Harle.~r, .unmarsied,_- and...E.rances H.__Glnugh, unma~taied, `~`,~;~s~attiYbrt _ __ _ his wih, to ms well krwwn, and known ro me to be the individwk described in ~toa~ided tM foregoing irtstnnntant, and ackrtosvledged before me that they executed the same for the purposes therein expressed :° ,., , T ~,~ hand and official awl this---- l tea---~---- - - -- day ~- -- --- January_-- --- - - -- ---- ---- -- -- A. D. 19 ~i 1. . , .. ; =r~ P , r - ry Public In srd for the Stah of Fbrida at l.arp. -~•. •~ 8 L ~ G,°`,= a oorrenlssion expires: - ~^ .:~° :•~<, Notary Public, State of Florida at large r, ~ -. My CamrrllLiloli Fx~;:raa Dec. 15, 1x353 .. - ' . ~'t°~- 1;'ivi,~:^i :+j y.i:~.a:;.3Si ,Sl1fltY (.?- .^+; ;'f. ~. A, ~ ~~ I I ~ ~15U1 W w A ~+~1 0 H y o z"<_Z V ~. 0 0 ~.W ,~-:~ ~ '. M 4 {~ 4\O~T, I^ ~~ ~ 6 p~ 2: ~~; ; ,-. S.. 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