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Home My WebLink About12008~~ 2 611. ~oiigr or polkiw said MORTGAGEE shall haw fire option fo teoMw and apply.ttte sutra rxt aoizurtt of the Ittdabtedrtess aecwed ttenby or to permit said fv10RTGAGORS to receive and ass M a any part thereof for efMr p~+rposes without thereby walvirtg or irttpairittg any equity, lien or right under or by vlrtw of thb Mortgage: and M the errant wW MORTGAGOR sf+ell for any ntasa+ fail to keep tM said Premises so irtaured, a fail to deNver protrtptly any of said Polities of Irtwrratta to said MORTGAGEE, or fait promptly to pay fully any pretNunt therefor, or in say aspect fail to purforen, dlsdtargs, staarte. effect, oontpMh, eompy with and abide by thb oawr-ant, a any part hereof, wId MORT• GAGEE may Place and pay for such Irtatuartoe a part lheraof without waiving a afhcting any option, INn, equity, or right under a by virtue of this Mortgap, and the full atrtartt of each and every such payment shall be i i rely dw and peysbl. and shall bwr interest front the data thereof until paid at lice rats of six ands~ te_nths par cent par arrwirn and togstMr with sud+ interest shall be secured by the lion of this mortgage. I13I1C 4. To permit, commit a suffer no waste, irrtpslrrrtant or deterioration of said property or any part titerwf. 5. It is hereby specifically agreed that any sum a sums which may be loaned or advanced by the Mortgagee to the Mortgagor at say •ime after the recording of this indentwe, together with interest thereon at the rate agreed upon at tits time of such loan or advance, shell be equally secured with srd hew the same priority as lice origitul indebtedness, and be subject fo all the terms and provisions of this mortgage: Provided, that the aggregate amotxtt of principal ouritstding at arty time shall not exceed an amax-t eQual to one hundred and fifty per cent 1150%) of the principal amount originally secured h~-eby. 6. To pay all and singular tM ibsri, charges and expenses. including a reasor-able attorney's fee and oosri of abstract of tills in- curred orpaid at any time by said iviOieTGAice because or in i'ns evoni of tiw to+iure on file rt of the said MORTGAGAR io +~Y prort,f~21y _. - _ --- "+.~_ '==l'==°~' ~~__-, 3 :`*=i ~..=rr~>'-.~'a ~: +E~y ~'iSh end ~lut~ hu ssrff ~.~e:~'~•~.`_° ~si•Y,!'_ti^_nS. 'JPreemintl. •cCnditioni L' _ and covenants of said promissory note and fhb rortgage any or either, and said costs, cltargss end expertaes, each and awry. shell be imntediate:y due and payable; whether or not there be notice, derrtartd, attempt to collect o- suit pandietg; and tM full amount of weh std every such payment si-all bear interest from tM date thereof until paid at the rate of six and the fief gntum per annum; and all said costs. charges artd expenses sa in%urred or paid, ioisths: v.:Lf: such mtentst, st+al! be recured !~ of tltb martgagk• 7. That (a) in the event of any breach of fhb Mortgap or default on the part of the MORTCJ-CAR, or (b) In tM event arty of said sums of money herein referred to be not promptly end fully paid within thirty (30) days next after the same severally become due and paysbk, without demand or notice. or (c) in the event each and every tM stipulstiorts, argeematts, eortditioro and oovenanri of satd promissory note and this mortgage any a either are not duly, promptly and fully performed, dischar ed, executed, effected, completed lied with and abided by, then in either or any such coral, the said aggregaN sum mentiorted in sa~ promissory note then nmslnirtg urtpaw. rvlth Interest accreted, and ail ma+eys secwed hereby, shall become due and payable forthwith, or tMrwfter, at tFte option of acid MORTGAGEE, ss fuly and completely as if all of the said sums of money wero originally stipulated to be paid on such day, srtythirtg in said Promissory mote or In this Mortgage to the contrary not withstanding• and thereupon or thereafter at the option of sold MORTGAGEE, without notla or demand. wit at law or in equity, may be prosecuted as if all monies secured hereby had matured prior to ifs institution. 8. TFtat in the event that st the begiming of a at any time pending any salt upon this Mortgap, or to foreclose it, a to reform it, or to enforce payment of arty claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof for tM appointrmt of a Receiver, such Court shall forthwith appoint a Receiver, of said mortgaged Property ell a_nd singular, Irxludirtg all and singular the income, profits, issues and reverxres from whatever source derived, each and awry of which, it bNng expressly understood, is heroby mort- gaged as if spectifically-set forth and described in the granting and habertdum clauses hereof, and such Reuhror shall haw all the broad end effective functions anted powers in anywise entreated by a Court to a Receiver, and strcl+ appointment shall bt made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without rohrertu to the adequacy a Ittsdsquaey of the value of tM property mortgaged or to the solvency or insolvency of said MORTGAGOR or tM defendants, and that such ratri, profits, lrtoomes, Issues and revenues shall be applied by such Receiver according to the Ilan or equity of said MORTGAGEE and the practice of such Court. 9. To duly. Promptly and fuly Perform, discharp, execute. effect. complete oompfy with and abide by sack and awry the stipu- lations, agreements. conditions and covenants in said promissory note and in this mortgage set forth. 10. That in the went rile ownership of tM mortpged premises, or any pari iiterevi, :,e~arK.; v~,fcr. ir. t r..:~s After !tu•r. ttvt MORTGAGOR, the MORTGAGEE, its successors and assigns, may, without notiu to the MORTWCAR, deal with such successor a wocessors in interest with reference to this mortgage and the debt Mreby securod in the same manner as with Mortgagor without in any way vitiating or discharging the Mortgagor's liability herounder a upon lice debt hereby secured. No sak of the premises hereby mortgaged and rto fore- bearsnce on the part of the MORTGAGEE or its s<ccessors or ass(grts and rto extension of tM time for tfie payment of the debt hereby secured given by the MORTGAGEE or its successors a assigns, shall opeats to please, discharge, modify, drrtp a effect tM original liability of the MORTGAGOR herein, either In whole or Tn part. 1 i. It is speciflplly agreed that time Is of the assertrs of this contract and that no waiver or arty abNgatlon hereurder or of lice obligation secured hereby scull at arty tlrrte tMrwffer be F+sld to be a waiver of tl+e terms hereof a of the Irtstrtrrrtsnt aacurod heretry. IN WITNESS WHEREOF, the said MORTGAGOR has hetetatro set his had end awl tl+e day and ywr first aforesaid Sigrud, Sealed and deiiwred in presertoe of: ~ ' ~ Z$EALI -- ~ ,- - - - - --_ a STATE OF FLORIDA ' 'ss. cot~rY ~ St. _ Lucie - _ _ _. ~sss9r~;8'i€1~oh,ft+. Peraonaly appeared c~yde Cs_ Willer - - - -- --- and ~••~ n'~: .~ ~~ *l-~- ~Br-_ ---____-- ---- - - - -- -------- --- -his wth, to me well known. and krxtwn to me ro be the indivi~rein~expressed. '~•`~ wfto exscl~~~8•~+e }orogoing Instrument, end sckrtowledged before me that tf+ey executed the same for the purposes ~._WJTNE53 rrrythand and official seal this --~..3 /sOi-- -- -day of I1ilu8l'~/ _ -- _ _ _ /\ D. 19 . • •• I ~' ~ ~_ f•~-. ~ ~ ~iry Publk fn and for ttte State Florida at lJrgs. ti MY co^t^'~~O1VruDlic- State of Florida at Large • ~~~•~ •~'~.~~ My Commission Expires lure 22. 1962 ' ~ •~'' C3oneeJ ov Amer+can Surety Co of N. Y. A W W A W G~ ~` ~~ O H •L ~o zaZ aM~ N W .~ a z - ~t ;:; ~ ~ .~ -_ 3 Az~ z ~~ O o6~ JGI ~ T. L U' ~. ~ ~ ~c-aJ~ ~~* .. r ~ : _ ~ . •, ~~ . r ,'~y//-rf i / ipltt~' ~ sO0 r _ ~ H- 0AND RECORDED d r OOK ~ -~ - _.~ ,r; ~ a ~, o ~~~~~ 2~ QI, io: 4s ,~ ,, A :R POITRASr CIE!( J ~ W O oza ;IE COUNTY, FIORI~A '~j f/" = S ~ ~ ~ ~,. i ~A ~~ ' ~' ~ 1:.. ~. ~ IA i QQ 9~V~O