HomeMy WebLinkAbout1429~bo~ 3 1.48
JabY or policies said MORTGAGEE shall haw fire option ro recNw and apply trte aarrtn txt account of the irtdebtedrtess seeureo tteret>y or to
permit said MORTGNGO°a to rrpiw and use It or shy part U+fi}aof for other pu~rppwo~ess without thereby vwivietR oC impNrir-~ any equity.
lien or ri~ltf under a by vlrttre of thk Mort~a~ end in Itte etAni•said MORTGJICARS aitail fa any reason fail ro keep tM said premises
ao irqund, a hit ro deliver prarttptly any of said polides of Mtw~ranp to said MORTGAGEE. or htl pwttptlp to pay fulN any p+rniun tMrefo-.
a in arty respect fNl ro perform, discirrp, eaieoute. efhR. t~+D~e. comply with and abide by fhb townant, a any pert hereof, saW MORT-
GAGEE may plop ,red pay for such kawartoe or ~arn+yy pert Hweoi without waivirtp w of iirrtt~~ any option. lien. equity, or rl~ftf under w by
virtue of this M.-~t~s~e and the full artwtxtt of serif and awry sttCh payrttent shell be ir~itntediatefy dw and psyaf>le and shall beer interest
from t~.. data titerwf until paid at 1Fr rate of six and six-terMlr pM cent per artrKtan and todNMr with such- interest shall be secured by ti,a
lien of this mortfa~e. _ - - _
4. To pereait.. txxrxt~it or. sufhr no wears, ,YapaMntertt or detarbratbn of said property or arty pert thereof.
5. It le hereby specifically a~raed that any sum a stxm twltkh stay be barred or advanced by the MortQa~ee to tM Mwtpeor at any
elms after the recording of this irtdertture, topfltar wtM interest thereon at fM rate >K~ upon at fire time of each loan or advsrtce, shall be
equally second with and haw fire sarrw prbrity aft lfta Ori~lnsl Mtdebtednas, and be sub~ett ro all tFte terms end provision of thN mortgste:
Provided, that tht a«reaata amotatt of prYtdQel t~ytatartdlry at any tNtte shell not exceed an atttw+t egwl ro one hundred end fifty per cent
1150%) of the prirtdp.l amount orl~inily aeew~ed'hseeBy.
6. To pay all and sirrstrler tFte costs, eitarrs and eotpertaes. Includirtp a reaaortable a s tae and. casts of abstract of title in-
curred or oeid :t inv tGrtre t,y said lTG1kf~E ` --- _- _ or in #,..v.ttt of ri,. faila.ra ~,.t N,. cur! e+~ t1.. eaiei i~dAQT~.J\fY2Q t^ duly. promptly
and fully perform, discitage, eroewn, efht:t, oorttpieh. txsntply with and abide by wch and awry the stipulations, aRrearrtents. txwtditions
srtd txwertants of said promissory note ono trio moripee any a either. srt0 acid otxtts, ~ ono e~tpettsei, eatxt anti awry. aiteii rte
irrtrrwdiaMly titre and payable: whetlte- a not then be notip. demand, attempt ro t:ollect a salt perdin~; and rite full amount of eee:h and
s.~rp .--h rs-,::.~-s: shalt bear lrttt:rst .'races tie: ~M thereof sr^t!! p3~! ~ i?Yr :e.~ cf~:;. ~ six=tersths pa txn*sxrs per asrbsrt; ~ _!! said
coats, citarses and exponaes so incurred a paid, togfFte- with suit intanst, shall be soured by fire lien of this rrtortppe.
7. That (a) in the event of shy breat#t of this Morttap or default on fire part of fire MORTGAGOR. or 0~ in the ewrtt arty of said
sums of money herein roferred ro be not prartpNy and fully Paid within thirty (30) days next after rite saute severely beeorne due and payable.
without demand a notice, or (~ in tM event each and awry tfte sNpuletiaa, arparnettts, condition and oovenanfs of said promissory note
end this rrwrtpp aannyy or Nther an not duly. promptly and fully perforated, dbcha-~ed axawted ~effet:tad, oorrtpleted txtntplled with and
abided by, then in Ntiter or any such event, the said aansab sum mentioned to sold promissory mote then rerrteinln~ unpaid. with Interest
accrued, and all mays secured herby, shall beoorrte due and pyable forthwith, or thenefter, et the optbn of saW MORTGAGEE. as fuly
and oorrtpletely as if all of the acid earns of stoney oven original stipulated ro be pdd on stath dnr, in said prornisaory note a in
this Mortpp ro fire contrary not wlthstartdirtp; and titeretrpon or thereafter at tM optics of said MOR E, without notice or demsnd,
suit at law or in equity, may bs prosecuted ss if all monies severed hereby had matured prior ro Ifs institution.
8. TFtet in the event tMt at fire be~irtnirt{ of or at any rime arty suit upon this ~ap~ or ro foncbse It, or ro niorm
it or ro enforce payment of claims hereunder. said MORTGAGEE shall ro the Court lrvirt~h~uriadktbn thereof for the appdntmont
o~ a Receiver, such Court sFsall forthwith sppdnt a Receiver, of said nwrtpRed property all and si lac int:ktdi
irteonte, profits, issws and reverxtes from whatever source derived, eetdt red of MAttcf~ it ~ red all and singular the
pied as if spectifitalhr set forth end described In fire prarttirtj and habertdtrn ci~ataxn hereof, a xrclt Re~oei~very shal~ha ill Nteb oed and
effective function anndd powers in anywise entrusted by a Court ro a Receiver. std such appdntmertt shell be made by such Covet as an
sprdompietted equity and a matter of abeohrte rl~Ftt ro sold MORTGAGEE, and without nhrenoe ro the adequacy a inadequacy of fire value of tM
and rw trues s~hell~ be applied ~ Reafver~so ~rt~ to tlte~IgnTor equity of saW MORTG/1CEE and practioi of~sudt~Couk~A ~
9. To duly. promptly and fully perform. dlacharp, etactres. effect, oompleN oornply with and abide by each and awry 1M stipu•
latiorts, aireensents, cortditiats and covertartts in said prorrtiaeory hole and in this mortpp set forth.
10. That in the event tlr ovrrrtidn of ftti _ _ .......tom. ti _...~._..a
MORTGAGOR, tM MORTGAGEE, its arcosswrs and aesi -- ___•_.~ ~ z= ~ `~:...~:~., ~:~ i~~ : a '~~ ~ ~ ~`~• ~`
pre, may. without notice ro the MORTGAGOR, deal with such wocessor or wezessors
in interest with nferertce ro this mort~aEe and fire debt herby scarred In fir sense manner ore with MortRa~or without in any way vitiatirt~
or dist~tar~irtR tM Mortia~or"s liability heretwtder or upon tht debt hereby setx+red. No sale of the prwrtises herby mortp~ed and no fore-
bsarana on flee part of tits MORTGAGEE or its eypgyap~ or aaNfts and no attension of fire time for fire peyrrtent of tM debt hereby severed
liven by tM MORTGAGEE a tts stronesors a aaNpns, sirll openN to release, dfeclrrse, modify, dterye or effect tM original liability of
the MORTGAGOR herein. Nther in whole a M pert.
11. It b specifically K~ that time b of tits aessrtce d this contract and that no wrhrer o- arty obliRetion heratatder or of fire
abliptbn aetxrred Mnby shell at any titrte thenaafter be heW to be a vwiwr of tine Nrnr herwf a of fire kafrtMrtertt secured hereby.
IN WITNESS WMER60F, the raid MORTGAGOR has herwirtto eef hk hand and awl fire day and year first aforesaid.
Slued, Sealed and delivered In peawtoe of:
. ,
STATE OF FLORIDA ~ - -- ; . =7 ' • u
courrnr oF_--_St~ Lucie ~ ~`c.},•.;..:,0', ~ .~,~ • ..
e.ior. m. personly appeared .- St~l_~---~urner _ ~ z .r .:. ~ ~' , -
--~----- - •c
_Btlih_fi.___Tllr~_._.___.__--_-- -- hB wife, ro me well known, and known ro me ro b. fir ' • -. ~ `• ~.:: •io .~
and wive aawted rite fore~oin~ intnrrnettt, and acknowletfpd m. th.t they rite saute for the
i•``.
'rr; ~ ~'~ \ ~.
,.
WITNESS rrty fwd and offit9al Heel this.-__-._ ~~_ r:: ~,•.r•
-- ~--- ---- --- -- ------ ' . 19.6 .
tbtary Pt~lit, Slabs of fbrida d i.tw _.._____.__._
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• ~ ~ ~E ~ b filelRt • for th. h of Floridra at Lame.
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