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HomeMy WebLinkAbout1247 .. 1 . ,. . " . . ,. ab~i 14 PACE497 .. . ... ~,.... .... -L-. ~ of the ST. LUl"lf rOllMty, Fll. , , or u....nuee VI UlJ' Wma, COVeD&Dta or ~, &h. In all)' or ..\her of Mid eYellte, 'the whole of the.iDdebtbiDMe hereby eecured, at the opUc. fl the ~ or &be .... holder fllaid ~- Df8a, Iba1l ~"OIDe immNiwdy due uad payable withou\ IIOtioe. or ill Ute Welll fl the ..... at_ &be date 01 tIaiI mortcaP fl any law 01 the State oll'1orida cIeducUDa flOIIl \be nJue ollaDd for the IlW'I*8 of taDticJe UlJ' IiID thereoo, or ,.ha.nl in any way the .... DOW in force for the t.&Yatioa 01 ~ or debta eecured by ~ for State or Ioea1 pwpoeee, or the ~ 01 the eoUecUoIl of'UlJ' .. \ua&ioD 10 .. to aft'eet uu. DlOI'f&aIe adveaeI.1, the ho&der of thia mort.pp and of thedeb\ which i\ eecure., Ib&ll have the riP\ to live thirty daya' writtell DOUce to the OWDeI' fl \be IfaDted premi8el .<<luiriDi \be p&ymID\ 01 \be mortpp dt:b\, aDd il it blreby -.reed \bU, if IIUCh DO\iN be liven, the Mid debt Iba1l becoaM due, payable aDd ooUeotible at the expiratioG of Mid thirty daJa, uad upoo the mortp&e iDdebtec:lDNI ~il\C due aDd payable .. berWlIon prorided, the mmtpcor Ihall niraiD from coUectinI and receiviq all rents aeeruiq .. aforeeaid aDd upoIl DOtiee from tbe IDOItpIee aU teD&nla Ihall \here- after pay lUeh renta to the aDortpcee, uad lAY JIA1IDrnt made otbenri.e Iball ~ diIcIiarae the obliptiODa of IlICh tenan\, aad ~ mortp&ee may immediately e&UI8 \hia IDClItpp to be fCll'eCk.d in the manner preecribed by law. lAd upoo ~nt fl foreclOllUre p.........in. .hll be ellUUed to have a receiver appoinUd, whether tbe mortp<<ed premiBee are homet!tead or not lAd without proof fl lAY o\ber P'OUD<l for hill appointment than the Mid default, to take potl6t'88ion and char&e of the mortppd premi8ea, to rent the Il&II1e aDd reeeive and collect the renta, iIIluf8 and profitB thereof, under, directiClll fl the ecwt, and any amount 10 collected by such reeeiver Ihall be applied under direction of the coun to the payment of any judgmrnt ftlDdered, or aulountB found due upon fore- clOllUre of th~ mortpKtl including the ,~t of collection uad reuooable attorney'. fees; and, in the evrnt of any derault or lh,f!lult~ in the paYDlL'nt of the indebtednetlll hereby IleCUred, or of any installment thereof, or of interMt thereon, or in th~ performance or obllervance of any of the tennIl, covelWlts 91' Il&freDlcotB herein contained, the martpgre shall h~\'e the right forthwith after any such default to enter upon and take potIleMion of laid mortPlOO prem~ and to let !\nid premilles and receive the renta, issues aDd profits thereof, aDd apply the 1l&JDf', after pay- ment of all n~ry chlU'p'll and expenlle8. on account of the indebtedDellll hereby le'::ured. Too proceeds of Mid foreclOtlUre shall be applied, first, to the expeD8e8 incurred hereundt'r, including a rea8OIl- able attomt.y's fre for such se.-viciii &8 may be rendered for the collection of said indebt.edness and the foreclO8Uftl of this mortgage; !'eWnd, to the payment of whateYel' 8UJJl or IIWDII the mortgagee may have paid or become liable to pay in carr).inK out the options, tel1Jl8 and stipulations of \hia mortpae, ~ther with inten'f't thereon; third, to the paymt'Dt and satisfaction of B&id note; aDd fourth, the1lU1'plua, if any, shall be paid to the mortgagor or other- 1I'We 811 the court may decn>e, Th(' mortgagor hereby agret'JI that, in the event mortppe shall place the note hereby IleCUred in the hands of an attomt'y aftt'r default or after maturity for collection or for foreclOllUre, be will proy such re&8OIl&ble attorney's fees 8lI are authorim by law, toKether with the cost of extendinJ the abtrtract and all court C08tIl and all expeJlll('8 properly paid or incurred hereunder, and IlIU11C are hereby 1leC\I1ed. The mortg&lOr hereby ueigwt, tramfers and conveys unto the mortp&ec, ita SUrct'8llOrB and &Illligne, the rents arerued and fo accrue from all tenAntB in occupancy of the mortgaged premisetl, or any part thereof, including rentals and ro)'altifos under oil, gall and mineralleasefl, if any, during the lifetime of this mortgav, it being undel'!!tood that as long as there ill no default in the performance or obeervance of any of the CO\~ts or &greelDt'ntll herein contained tht' mortgagor lIhall have the privilrge of r.ollecting and receiving all renta accruinr; under leuee or con- tracta of tenancy for the mortgaKed prrmM or any part thereof, The mortgaged premises being l<qted in the State of Florida, this mortp.p aDd the rights aDd indt.btbiDMe hereby l!IeCured shall, without ~ard to tt)e place of contract or payment, be construed and enforced acoordinc to the laW\! of the State of Horida. NotwithstMdinK any provision herein or in said note, the total liability for payments in the nature of interest shall not exrecd the limit~ now impoeed by the usury la1l'8 of the State of Horida. In 8itnr.. _lJrrrof. the.aid aortsacor. haTe hereunto set their hands and seals this 20th dq .ot July A.D. 1961. Signed, &'81'" and Ildi\.~n'(l in the presence of ..f ()'': 1;: ~i _~;;!.'L( ~.~ _a'~,f_ .__ '______'_.__'_..'___,_,__..__'. ___..,..(SEdlL) ~ . .? (. ~!'.7/ ~ ??1.l-!!r/.L~,.... __ .(SEAL) Ruth M. Vest _ . _ _ _ . . . _ . . (SEAL) STATE OF FLORIDA COUNTY OF St. Lucie }~, I, Sam C. Gay , an officer duly authorUed to take acknowledgmenta in and for said Btate and County. do hereby certify that Hqh A.. V..t' and Ruth M. 'eat , his wife, both of whom are to me lRU known, uad JmOtnl to me to be the individuals dMcribed in and who '!xecuted the foregoing instrument, penooally appeared before me \hia day and did I18verally aclmowledp to and before me that they executed Wd instrumeut for the purpclIlllIl therein apr-t; and the said Ruth M. Vest ,wen known to me to be the wife of Mid Jtu&h A. 'eet I upon -,.. ~ ~: ..- .. .~-,