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Home My WebLink About0940 ~ . ST. LUCIE COIlNTY. rLA. Ol obeervuC'fI of any of the terms, CO\'l'.nJUlU or ~nta of th. P1~, then in &DY or t'ither of &aid e\'enta, the wuo~e of the indel::-t.ednE1!18 hfnby ~ureJ, at the option of the m~ or the legal holder of said indebted- neM, aball beoome immt.>distely due and payable without notke, or iD the event of the puBA&e after th~ date of th.ia mor1.ple of. any law of the l3tate of. Florida deductin& from the value of iand for the purpoee of taxation any lien thereoo. 01' c~ in any 7II1Y the lAws now in force for the taxation of. mort.p&'N or debts aec\L~ by m(\rt~ for StAte or l()(""} purpoeee, cr the manner of the cc1lection of any IUM taxAtion 60 &4 to affect this mortgage adYersot'ly, the holder of this mortgage and o! the debt which i~ 1IeC\l.NIB, shall hav" the ri&M. to gi\'l' thirty days' writtt'n noti.:e to the o~r of the granted premi8ee l'loquiri.nc the payment of the roortp&e d..bt, and it 18 ht'reby agreed that, if web notke be pven; the Mid debt alWl become due, payable and oollectible at the ~xpiratior. of Mid thirty ciays, ud upon the mortp<<e indcbtedneM becominc due and payable u heretofore providad, the mortgagor shall refrain from co11ee~ and rroeiving all recta aceruin& u aforeu.kl and upon ncUoe from the mortgacee all ten&IlUl ahal! the~ after pay IUch rents to the mo~, &M. uy p&yD1mt made otherwiIe .hail not di8chlUp tht obligations of weh tenant, and the mortpgee may in.c.mediately C*u.e thil ID'lI"tp&e to be foreeloeed in the manner preecribed by law, and upon oommencement of forecloaure p~inp ehN.l be entitled to have a receiver appointed, whether the mortgaged premi8es are ho~etltt'ad or not and without proof of uy other ground for his appointment than the Mid default, to take j.lOI!8E'S6ion and eharge of the :-nort.ga&ed p~. to rent the Il&.tne and l'eC(~i\'e and colled the rents, iMuee and profits thereof, under direction of the cow1. and uy amount I!O collected by such l"l'Ot'iver shall ba applied under direction of the ccurt to the payment of uy judgment rendered, or &mOltnt8 found due upon for~- c1~ of this mortgage includinf!; the COllt of eolleetioo and reuooable atterney's fet'S; and, in the event of any default or defaults in the payment of the iridebted.nell8 hereby 15eCUr'ed. or of any rnstallmf!'ni thereof, or of interetit then:on, or in the performance or obeervance of any of the t.erms, CO\'<lilA"1U1 or agreement.!! hl'rein contain...ad, t~ roortp.&re !\hall have the right forthwith after any weh default to euter upon and take poEl8eS8ion of said mortgagecl preDJitles ~nd to let said prenUaetl IUd ~ive the rents. iasuftl and profit8 thereof, and apply the samt', after pay- ment oi all ne\.~Y \C'ulcgm ADd eJl.~llll<:8, on account ol the indebtedness hereby secured. The proceeds of Mid foreclO6Ure sh&ll be applied, 5nIt, to the expense6 incurtt'd hereunder, including a reason- able attOT'D('Y's fff: for ~uc~ I!('rvicee a.tl may be rendered for the collection of said indebtedness and the foreclO8Ure of thill morlpgt'j l5eeond, to the payment of whatever lIUJD or IIUID!I the mortgagee may have paid or become liable to pay in carrying out t.he optionLl, terms and stipulationLl of thia mort~, togt'ther with inten'St theJ"(:()n; third, tu the payment and satmaction of Mid note; &rId fourth, the mrpl\18, if any, shsJl be pa.id to the mortgagor or other- wise as the court may decree. The mortg&f!;or hereby agrees that, in the event mort.ga.pe shall place the note hereby secured in the hands of an attorney after rlP.fault or aftt'r maturity for col1eetion or for for<lCloaule, he will pay 8uch . ~nable attorney's fees as are authorited by law, toIether with the cost of extending the abstract and all ~ourt C08t8 and all expeI1lle8 properly paid or incU!'Ted hereunder, and Il&.tne are hereb,' eecured, The ccrtp..,~l' h~reby ~gn5, t!"8.ll.!feJ'9 and convey! unto ~ mort..g!!..,aoee, it! !'.!C~l'!! !\nd !\l!8ignl' , the rents aeeru'.!d and to aeenle from all tenants in occupancy of the mortgaged prem.iae8, or any part thereof, including rentals and royaltieB under oil, pIl and mineral \easetl, if any, during the lifetime of this mortgagl:', it being underetood th~t &II 1001 a.tl then! is no default in the perlormance or obeervance of any of the covenants or ~ments herein contained the mortgagor Mall have the privilege of collecting and l"l'Ot'ivinf!; all rent8 accruing undtr leases or con- trad.!! of tenaney for the mort<<apn premises or any part thereof. 'The mortpp:l pmniaes being located in the State of Ftorida, thia mortgage and the rights and indebtedne8! hen!byeecured eball, without regard to the plMe of contract or payment, be connNed and enforeed according to the laWB of the State of Florida, Notwith8tandin<< any proviAion herein or in said Dote, the totalliahility for payments in the nature of interest shall not exceed the limits now impoll!ed by the U8Ury laws of the State of. Florida. In .itrull "'bernf, the wd .ortpgora haT. hereunto I.t tr.e1r hand, and ,Mla tb1a 20th. clq f!J Maroh. J.t). 19 61. jk&if~j'(SEAL) V n (/ ______________________'____'____________(SEJlL) -atL-k _.:4~ ~...~_ _ _ _ _ _ __(BEAL) lltha i. &Iw7 (7 \..., \. ; ~ . ________________________________________(SF~) '\ aT A 7.'l' OF FLORIDA COUNTY OF ft. U1C!I }-. , . I, S~ o. Ge.y , 1.1\ officer dilly autl...orbed to ta&e ,cknowledgment.a in and for ~ ~ta and ('.QQJit>:, 10 _oy certifj tbt J01m I. lIImrT, Jr. and lltba 16 HiII\r7 "'. ' . .' h18 wil~, ~ of .h~ are to mG ~n known, and DoWll to me to be the iDdividu:lok ~bed In ~ wr.., eueuted tlul !~ inetrument, ~ appe&l(ld before me t.hia day a.nd did IIeYerI.Ily acknowled&e to and !:lefore me tha\ they ~ sail ~ for the purpoIeI therein e:ilp'MIed; ar.d the aaid 11 th& B. Iam7 , well k:DCl'WD to ~to bt the rie or laid Jo1m I" Jhm7, Jr. . , upoIl ,'lll I'. >, ..