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Home My WebLink About1546 .~. k \ ........ n.t:' B!LI , I ' 4. _ __. ....~:.- L. 59 1,'H143 ~I,cy or policies said MORTGAGEE sh.1I have the' option to receive .nd .pply tne ~rnt< un account ot the indebtednen secured hereby or, 10 permIt said MORTGAGORS to receive Olnd use It Of' .ny put thereol for other purposes without thereby w.lvin, 0( im~irinl .ny equIty, lien or right under or by virtue of this Mort..,.; .nd In the ...,.,t Mid MORTGAGORS sNII lor any reason fail to keep the said premises so insured, or fail to deliver promptly ."y of ~id pollc'a of InsurllnCle to said ~AORTGAGEE, or fail promptly to PAy fully .n'( premium therefor, or 'n any respect fail to perform, dlschAr,e, execute, .ffect, complete, comply with .nd abide by this COveNnt, 0( any ~rt hereof, said MORT. GAGEE may place and PAY for such Insurance or ."y pert thereof without waiving or af'ectln, any option, Ii.n, equity, or right under or by virtue of this Mort...e, .nd the full ,mount of eech end every such pllyment sh.1I be "mmedi.tely due end ~yable .nd .hall be" Intifest from the date thereof until paid at the ra~ of six lInd slx-ronths per cent per ,nnum ,nd totether with such interest shall be secured by tn~ liM of this mortg.... ' , .4, To permit, commit or \lIffer no waste, impairment or deteriotatlon of said property or any part thereof. 5. It is hereby spcdlically .,reed that .ny sum or sums which r,\llY be loaned or advanced by the Mortg'lilee to the Mortgagor ..t any 'ime "her the recording of this i~ture, together with Interest thereon lit the rMe agreed upon at the time of such 1000n or 'adv',lCe, shall be equall)' secured with and have the same priority as the orl,lna\ Inckbtednes$, and be subject to all the terms .nd provisions of this mortgage: Provided. that the aggreg.te .mount of principal outsbnding .t .ny time sh.1I not exceed .n .mount equal to one hundred a~ fifty per cent 1150 %) of the princi~1 amount O(I,in.lly secured herllhy. 6, To ~y all and sinsular the costs, charies and .xpenses, Includin, a realOl\llbl. attorney's fee and costs ,of abstract of title in- curred or ~id at any time by SlIld MORTGACEE beause or in the ....ent 01 the failure on t~ ~rt of the said MORTGAGOR to duly, promptly and fully perform. discn.rre, e>cecute, .ffect, compl.te, comply with and abide by each and ....ery the stipulations, agreements, conditions and covenants of said promissory note and this mort,age .ny or alther, and SlIld costs. charges .nd expenses, elICh and every, shall ~ immediately due and payable; whether or not there be notice, demand, attempt to collect or suit pending; and the lull amount of each and every such payment shall bear interest frem the dat. th.reof until pa Id at the rate of six .nd six-tenths per centum per annum; and all said CO'its, charges and expen~s so incurred or paid. totether with such mterest, s"'lI be secured by the lien of this mortgage, 7, That (al In the event of any bre.ch of thb Mort,.,. 0( default on the part of the MORTGAGOR, or (bl In the evt'llt any of said sums of money h~rein referred to be not prf'>m!ltly and fully paid within thirty <301 d4ys next aftflr the same sever.lly become due <<nd payable. without demand or notic., or Icl In the event each .nd evClry the stipulations. ar,eements. condltion$ and covenants of said promissory note and this mortgaae any or either life not duly, promptly .nd fully performed, discharged, executed, effected, completed complied with and abided by, then In either or .ny such ....ent. the said 'ureillte sum mentioned In said promissory note then remaining un~ld, with interest accrued, and all moneys secured hereby, sn.11 become due and PAy.ble forthwith, or thereafter, at the option of said MORTGAGEE, as fullt' and completely lIS If all of the said sums of money were orIgiNlly stlpul.ted to be paid on such day, anything In said promissory note or In this Mortgaae to the Contfllry not wlthstand!n,; .nd thereupon or thereafter at the option of said MORTGAGEE, without notice or demand, suit at law or in equity, may be prosecuted as if .11 monies secured herllhy n.d matured prior to Its institution. .. 8, That In the event that .t the beglnnlnl of or at .ny time pending any suit upon this Mortgage. or to for~1ose it, or to reform it,.or to enforce payn'Hlnt of .ny cl,ims hereunder, said MORTGAGEE sn.1I apply to the Court having jurisdiction thereof for the .ppolntmcnt of a Receiver. such Court shall forthwith appoint. Receiver, of said mort,aged property all and singular, Including all and singular the income, profits, issues and revenues from whatever source derived, ellch and every of which, It being expressly understood, is hereby mort, gaged as If spectiflcally set forth and described In the lrantlng .nd habendum c1.uses hereof, and such Receiver shail have all the broad and effective functions and powers in .nywise entrusted by a Court to a Receiver, and such .ppolntme1'll $n.1I be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, .nd without reference to the adequacy or Inadequacy of the value of the property mortgaged or to the solvency or insolvency of said MORTGAGOR or the defendants, and tn.t such rents, profits. incomes, issue. and revenues sn.1I be .pplled by such RE<:eiver accordln, to t~ lien or equity of said MORTGAGEE and the practice of such Court. 9. To duly, promptly and fully perform, dischar,e, eXlK:Ute. effect. complete comply with and abide by each and every the stipu- lations, agreements, conditions and covenants in said promissory note and in this mortaagt! set forth, 10, That in the event the ownership of the mortgased premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its successors And assigns, may, without notice to the MORTGAGOR, deal with such successor or successors in interest with reference to this mortgmge and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating or dischargin, the Mortga,or's lI.bllity hereunder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no fore- bearanee on the part of the MORTGAGEE e>r its succeuors or .ssigns and no extension of the time for the payment of the debt hereJY secured given by the MORTGAGEE or Its successors or .sslgns, shall operate to release, discharge. modify. cn.nge or effect the original liability of the MORTGAGOR herein, either in whole or In part, II, It Is specifically aareed tn.t time Is of the essence of this contract .nd that no ""..Iver or any obliilltion hereund€r or of the obligation 5eC4.lred hareby sh.1I .t any time thereafter be held to be . w.iver of the t.rms hereof or of the Instrument secured hereby, IN WITNESS WHEREOf, ttM. said MORTGAGOR has hereunto set his hana and seal the day and year first ..foresaid, Signed. Se.led .nd delivered In ~ of: ~~.~ f4.1Ja/ ~~ STATE O~~A } SS, COUNTY OF St. Lucie, Before me personally .ppe"e<i , ' ,LENORA YATES and who executed the foregoing instrument, .nd WITNESS my hand and officl,1 se,1 this, Q ~ ~ Q ~ ~ < ~ ~ ~ o ~ o (-l ~.~~~ ~~ J~'~ EAPHORN YATES ~ \lllt~li!~:::,. and ... ..', his wife, to me well known, and known to me to ~ the ~cl~~,qu."; 1ck;~J;~, in acknowledged bofore me that they executed the same for the ~~:.M't~rer,;'~~~fd: ~ . ~'('j'''' C 11U/) "," :l'~ /2-d.,of~ ....... .. MarCh~~I~~' ~f1::/t~St.t'- OfFI~+:~i;/ ~~P' l ...~~- '/ My commission .xplr,.: '.)'.. ..,~. ,.' 1kTTAR"f PUBUC riAl! 01 FlOmM.. ~',':""'~ '1' ,,' JII'f CONMISSION f,mlt.ES JAM, I. 19lJ'. 11 . " . f1""'. .......a. ....__ '."0 .. _~OIU'\" 114075 I, . I" flLEO ~,NO RECOROEO nt, _-offit\a\,Ret-GN- ~GOK \%1MnR '8 PM \:l}8 ROGER PO,'\'RAS. CL::PJ, o<S S1. LUCIE CQUHlY, fLORIOA :r: tt~~ ~ I E I. .... ' \ " ~..)\j' Q',r~..,)iO ( 'r;/j " :'.. 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