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Home My WebLink About2137 policy or policlrrs said MORTGAGEE aheli haw tht option ro raaiw and apptyTr» same on xcount of the trsdsbtednsss secured hereby or to permit said MOFCTGAGORS ro rtotivr: and uN it Or any part tMreof for cihlr ppuurpp~~ witfxx,t thereby waiving or .Impairing any equity, lien or right under or by vlrtw of tisis Mortgage; and bti tht tvtnr Bald MORTGAC,ORS shah fur any nrio-r fail tv kelp the Bald premises so lnwred, or fail ro dsiivtr promptly any Of said pcficias of Inw-anu to Bald MORTGAGEE, a fall promptly to pay hilly arty pr`tmlum therofor, or In any respect fail to perform, Glscharas, exac~'e, effect, cnmpltts, Corn{Zly with and abide by this covertxutt, or any part roof, said MORT- GAGEE may plate and pay for such Insurarxe or any part tMrtcif witha!t vralving or aff+actlv~/ any oft licit, tgs:ify, or right under or by virtue of this Mortgage, artd tFtt fui~ anawtt of lath artd aYOry such P+Yn.t-+t thtfl be lrtur~atthr dw and paYabis and shall bear InNrest from the d-te th~reoff until paid at t}+s ra`? of six and six-tsntha ptr ctnt ptr annaun and topthar with axh interest shall bt secured by the Ilen of this mortgap. 4. To permit, rommit or wfhr no waste; ~Impaltment or. dataloratton of said property or any part thereof. 5. It Is hereby specifically agreed that any1sum or sums which may bt loaned or advanced by the Mortgagee to the Mortgagor at any time after the recording of this indanturs, togetfer with irttertst thsrtrxt at cite rate agreed upon at the time of such loan or advarxe, shall ba equally secured with and haw the samt priority as tl+s ariglnal Irxiebtsdrtess, and bt wb~ect ro alt tt» terms and previsions of this mortgage: Provided, that rho aggregate amount of princip:! outstanding at any time shall not excetd sn amount equal to one hundred and fifty per cent (1509f~) of the principal amount originally secured hereby. 6. To pay all and singular the costs, charges and expanses, Including a rNSOnable attorneys fee and costs of abstract of licit in- curred or paid at any time by said MORTGAGEE because or In the event of the fallurt on the part of the said MORTGAGOR to duly, promptly and fully perform, discMrge, execute, effect, complttt, comply with and abide by tech and awry the stlpulatlons, agreements, conditions and covenants of said promissory note and this mortgage any or etthtr, and said coats, charges and expanses, tech and every, shall be immediately due and payable; wh.:ther or not there bt notice, demand, artsmpt to collect or suit pending; and the full amount of each and every alKh payment shall bear interest from the Batt therwf until paid at the rata of six and six-tenths per centum per annum; and all said costs, charges and expenses so incurred or paid, together with such Interest, shall M soured by the Ilen of tt!Is rrtortgap. 7. That (a) in the event of any breach of this Murtgags or default on the part of the ;MORTGAGOR, or (b) In the event any of said sums of money herein referred ro ba not promptly and fully paid within thirty l30) days next after the same srvaraily became due and payable, without demand or notice, or (c) in the event each and every the stipu!atlons, argeements, conditions and covenants of said promissory note and this mortgage any or either are not duly, promptly and fully perforated, discharged, executed, effected, compltted complied with and abided by, then in either or any srKh event, the sold aggregate wm mentioned In said promissory note then rs-'naining unpaid, with Interest accrued, and all moneys secured hereby, shat) bacurrw ~.~ -^d payable forthwith, or thereafter, at tM option of said MORTGAGEE, as fully and completely as if all of the said wms of money were originally stipulated ro ~.ie paid on such day, anything In said promissory note oc in this Mortgage to the contrary not withstanding; and thereupon or thereafter at the option of said MORTGAGEE, without notice or demand, suit at law or in equity, may be prosecuted ss If all monies sertirsd hereby had matured prior to its lnstitutlon. R. That in the event that at the beginning of or at any time pending any suit i.pon this Mortgage, or to foreclose it, or to reform it, or to enforce payment of any claims hereunder, said MORTGAGEE shall apply ro (he Couallhavndgslnr'lsdiftiaMi~jeofal~rand s,n~ularmthe of a Receiver, such Court shall forthwith appoint a Resolver, of said mortgeaged pope ty 4 8 S income, profits, issues and revenues from whatever source derived, each and every of which. It being expressly understood, Is hereby mort- gaged as if spectifically set forth acid described in the granting and habandym clauses hereof, end such Receiver shall have ail the broad and effective functions and powers in anywise entrusted by a Court to s Rocelver, and such sppolntment shall be made by such Court as err admitted equity and a matter of absolute right to said MORTGAGEE, and without refererce to the adagwcy or inadequacy of the value of the property mortgaged or to the solvangr or insolvency of said MORTGAGOR or the defendants, and that such rents, profits, incomes, issue,, and revenues shall be applied by such Receiver accorcring to the lien or equity of said MORTGAGEE and the practice of such Court. 9. To duly, promptly and fully perform, discharge, execute, effect, con.plete comply with and abide by each and every the stipu- lations, agreements, ronditions and covenants in said promissory note and to this mortgagt set forth. 10. That in the event tts~ ownership of the mortgaged premises, or any part thereof, becomes vested In a person other than the h10RTGAGOR, the MORTGAGEE, its successors and assigns, may, without notice to the MORTGAGOR, deal with such successor or successors in interest with reference to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating or discharging the Mortgagor's laibility hereunder or upon tM debt hereby secured. No ssle of the premises hereby mortgaged end no fore bearance on thz part of the MORTGAGEE n• its successors or assigns 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 release, discharge, rrto2lfy, change or effect the original liability of the MORTGAGOR herein, either in whole or is part. 11. It is specifically agreed that time Is of the essence of this contract and that no waiver or any obligation hereunder or of the obligation secured hereby shall at any lima thereafter be held to be a waiver of the terms hereof or of the Instrument secured hereby. IN WITNESS WHEREOF, the said MORTGAGAR has hereunto set his hand and seal the day and year first aforesaid. Signed, Sealed and delivered in presence of: • -~ Lvf ~ _ - - ~1 Q.~s-4~t,- - C~aQ~C.f/~.. G~C~~ (SEAL! STATE OFF RIDA 1 • } SS. ' couNTy of Indian River ))) - Before me personally appeared _ ---- ~ATKAr1-EATMAN------•--- ---• ---- -- --- ---- -- - -- -- - - _- an~f _S~I? A E ATMAN _- _.-...- .-_--.. his wife, to rrre well known, and known to me to tee the individuals described in and who executed ~ roregoing instrument, and acknowledged beforo ma that they executed the same for the purposes therein expressed. And the said - SARA EATMAN.. _ _--- wife of the :,id.____-ICI-A'I'HA~I-fiATMAId :.__ _ _. - - - - _ .. - upon a separate and private examination by me taken separate and apart from her said husband, acknowledged to and before me that she executed said instrument freely and voluntarily and without any compulsion, constraint, apprehension, or ftea~r of or from her said husband. WITNESS my hand and official seal this ._ .~--~~ -- daY of --- ---- ----- ---- -------------Q~_~Qk!c-)t_ ---- - ---.- A. D. 19 ~-~ . ti ' •. r. ,~.~- I~ ,,~a:r•1~ s 0 v~ z r~ O ~a= ,aov ~Nx ~<~ Z GG a WQ '~ ~ w~~ ~, - Qom'`-~- . - - ~ - --- -~-- - - -~-- - - - ---- Notary Public in and for the State of Florida at Large. My commission expires: rJ _ ~ g ~~ ~.~.~_~1-3 a p~0 F I ~' ~ e~~~c~ t I~ _ ~tt!cia1~--_-~fi01C ~ ~ ;~ ~I P 196~~EC 14 Ph1 2: 29 ~ O ~'` -- - ~ ; :;; ~ . ' ;;;; °~ ROGER P01?RA5, CIERK ~~..,, .•~ ~t , "r;, , . r .c1;, ST. LUCIE COUtiTY, FLORIDA ~ z ,~, ; ~ , t :-, `.~ ~ a ~? 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