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HomeMy WebLinkAbout2840 . - ~ • ' ~ .v ooucy ar potlda~ ia9d MORT'GNCEE i1yN h~v~ tM optia+ 1o noNw a~d appyr th~ s~+~ w+ aooount of tM Ind~badnNS ~uxrd I+Krbv a M pe~m~t saW MORTCc~t'AqS ro naiw ad u~ k w u+y pa~t tMnof fa otMr urpos.s without tMnb~r wsivi~ w impsl~i~ a+Y ~ri+~b. 4en or ~i und~. a by virtw of M+Is Matist~: u~d ~n th~ w~nt s~id MORTGJ~GORS sh~ll fo. any rwso~ hi w kNp th~ s~id P~em~sa so i~tor hil to d~Uwr pomptly any of s~ld polkNs of irouranw fo s~W MORTC/1GEE. o? hil pranptl~r lo psy fullyany pn~nlun~ tMnfor. a i~ u~y respett hll to parforn~, ~~d+a~. exswtt. ~ffect. aompl~t~. eomdY with a~d abtd~ b~? M~Is aovenu+t. or sny Wrt htnof, s~id MORT . G/~CEE maY Pla~ and WI? tor wd+ ir~useo~ wu~y WK fF+Keof wiMout vwivi~~ w affectin` op tion. lia+. equiH. c? ~ieht und~~ or by virtue of this Matpp . ~nd th~ iull arna+nt of ~ach snd ewry wch PaYn?e~t sh+ll b~ in~ns~a~? dw and payabN and shall bear intenst hom tM dat~ theaof unNl paid at t!» nb of six ]f~ta~ths per cent ps~ ~nnuri+ snd to~ethar wiN+ a+d+ int~rest ~11 b~ securod bY tM lie~ of this mort`ap. ~ee 4. To pKeNt. oonrnft or wfh~ no wab. ImWi?nNnt or dtte~iontion of said propKry a any Wrt tMhof. S. It is heraby specificsiy a~reed tF+at any w~n or w~ns whkh msy be losned a adva~'~ad b~? the M°rtt+6ee 1° iM Mat~s~ st anr ~ Hme sRer ths retordtn= of tMs indenturo, to`etM? with intaest tM~aon at ths ate s~.eed upon at ths tims of such loan or ~dwnos. sh~ll bs eqwly secwed with and have tF+s ssme prio?ity as tM ori`insl i~+d~bt~dness, and bs subject to all tM tKms snd provisions of this matgage: Provided. that the a~~e~ate amount of pN~cipal outsts~dinr at any time sh~ll not exoeed an amount eqwl to a~e hundrod snd Nfty per cent O SO of tM principsl smo~i+c ori~in~lly securod Mreby. 6. To pay all and sin`ular tM oosts. cha~es and expa+sts. intludin~ s n~asa+~bN attwn~y's fee and costs of abstnct of Htk tn. cu.rod o? paid atany NnN by s~id MORTGNGEE bscws~ or in tM evont of tM fsilum on th~ps~t of the s~~d MORTG/1GOR to duly. P~+PtN snd iuly perioRn, discF~~, ueeout~. efhct. aar+Plah. oomplr with and abide by esch snd ewry tM mP~+latlons. agreane~+ts. oondicions and covensnts of sald promissory not~ and tNs mort~ sehr a~ithe?. snd ssid ccsls. d+~Kas ~ ~xPee+ses: ~cF++ and sverl?• sh~ll bs immedistey due and payabl~: whsthe? or not th~ be r?otk~. demand. atteenpt to colkct~^~e~;~~in`: and th~ full arnount of each and . wery wch payment shsll bar intehst fron+ th~ dat~ tMroof unHl psid st the att of six tl9 tl+s PK P~ aex+um; and all ssid tcats. thsnas and expe~ses so incu?ted or pa1d. to~etf~i with wch inttnst. shall b~ s~cwed by tM, Ila~ of tNs mo~t~sp. ~ 7. Th~t W in tM ewnt of any bro~ch of tMs Mortt~p or defwh on the pa~t of the MORTGA~iOR. or (W in ths ewnt any of satd wms oE ma~ey herein .eferrad to b~ not promptly snd fuly psid witNn thi.ty (30) days next aher the ssms severaliy b~co~+ns due and wYable. without ~detnand or nofioe. or tcJ in the event eacl+ ~nd e~e~Y th~ sNPuistions. +?teeenenls. conditions and oovensnts of sald promissory nott and this mort~s~e an or either aro noE duly. P~'~Pt~Y ~+uf? D~. disthsrted. exeaned. eHetted. oompkt~d oomPitad with ~nd sbided by. than in eit~ or any such eve~t, ths sstd sggn~ste swn m~ntia»d in said promissory note tMn r~andning un~aW. with inte?est ~ accnud, and altma~eys securod he?ebY. shalt becane due snd Pw+bl~ forthwfN~. or thei~esfte?. at tM oPtio~ of ssW MORTGAGEE. ss (uty and ca+~pkteb ss if all of tF+e saW wms of monry wero aiginally stipu4tsd to be Wid on wch d~Y. ~nt in sald promissory ~ote w in this Mort~ase to tha oontnry ~ot withshn~r~t: and thera~ipon or tM~eske? st ths option of satd MOR GACEE. without noNa or den+and. wit at (aw or in equiy. may bs pe~osecuted as if sl) monies saured herebY hsd maturod P~lor to its leutitutio~. 8. That tn ths event that st the begiMing of w at any time perdin~ any suit upon tMQs MortBa~e. or to foroclose It, or to rcfo?m it or to enforce payment ofsny cbims heraunde?. ssid MORTGAGEE shall appy to the Court Frvin~ jurisdktion thKeof for ths appointmmt o~ s Reeeiver. weh Court shall forthwith sppoint a Reoeiv~a?. of said mortp6~d propKb all ~e+d singuta~. tneludir~ all snd stngula? the ~ inoorne. profifs, issves and reverwes from whatever source deriv~ed. esch srd every of h bNnB ~?~h u~~Y ^1O~• ~aged as if spetiftqlly set fwth and described in the Bnntin~ and I+~bendun clsusa he~e°f. u~d such Recei"sr shall hav~e all the broad and ~ effective functions and powers in snywise entrusted by a Cou.t to a Recriver. snd such sPPdntment"3i+ai1' be e~ads by wch Court as an ~ admitted equity and a matter of sbsolute right to said MORTG/1GEE. snd virithout referenoe w the adequscy or losdequacy of the value of the an~~ieMn~xies s~h~ II~ be spplted ~ Recei s~ooord'in~ to th~iaTor equ~b of ssid MORTGI~GEE~snd practice of~wch CourL i~ 9. To duly. Dron+Pty snd fulh P~~. ~~B'e. ezswts. effect. oomPlete oomPh? with and sbide by esch ad every the stipu- ~ , lations. ~B?eemenls. ~tions and oorer~nts in said P~'~dssaY note and in tFds nwrt~ai~a set fortF~ : E 10. That in the event the awnership of ths nw~tpged pramises. or ar~? Pm t~~f. beoornes vested in a penon other thsn the i MORTCJIGOR. ths MORTGI~CEE. its wooeswrs and assi~ns. may. witF+out notioe to ths MORTG/1GOR dsal with wd~ wooesso~ or woceswrs ~ in interest with referenoe to this mortgaQe se~d the debt hereby seaued in tM san~e rna~x~er as with MortWBor witha+t in a^Y waY vitiating ~ o? dis¢har~ing the Mortgs`a's lisbility Mreundsr or upon ths debt herebl? secu?ed No sak of the premises MnbY nwrtgs6sd and no fo?e- besance on the ps?t of the MORTG/1GEE or its wooessors or assi~ru s~d ra extension of the time for the paynia+t of the debt her~y secured I given by the MORTGAGEE o? its wocessors or assig% shsll opeate to mlease. ~sd~r~e. n?o~~y. d~ante e? effect the original Usbility of the MORTG/?GOR herNn. eitMr in whok or in part. ' i l. It is specifialiy sgreed that Nme is of ths esse~oe of this oontrsct•~nd that no v~iver 0? anY obtiptio~+ hereunder or of th~ obiigatia~ ~cured hereby shait at a~r time thereafter bs held b be a wsiver of the temis Fweof or of ths instn~nnant securod F+sreby. IN WITNE55 WHEREOF. ths ssid MORTWWR hss her~unto set hts hard and sssl tM dsy and year Hat sforesaid. Si~+a~. Sealed and delivsrod in pnse~~oe of: " ' , ' ' _C~ ~ ' I. -1- (SE/?U ~ - - - - - ~ _~c.~~_ -~l-~'~~~~ -__(SEAU _ sTw oF ~oRi~~ ~ ss, ~ ?~rr~r.~oF,.~,~c.~..~ ' ~ ~ ~ . ~wm n,. va.~iy ,~....a HIJBERT ~,_.~~~N , 1~ .~•.r.:~ ,~a ._MARY~.~IXOI~1- - ~ ,~r~. ~ m. ~ii ~w,~. .~a w~ ~ ~ b. . ~~Y~ya ~ snd who exetuted the fore~oins instrurnent and adcnoM?I~ed befor~ ms thst'they e~caouted the sanie for the ~ ~r .J ` ~ , ~ v. ~ ` ' ~ ~ ~ j' ' ~Y : ~ wm~ESS m,? ~+.~a ,nd offia,~ sed ea:~oL _ __aw of-----• A_pril ' Q, {~6~ • H ~ ~ ~ i ~ • . ~ . Ik in and tor ths ta» of ~ la?~e.J '•;_y`: ~ My apf~l/1yiS~pf1 l7i~.es:. r.a~ n A~ " '~l!'- ~1 v : • ~ 4'- , . , 6_~ _`i r; _ _ I j.1•1. a~4iii . ~ . . . ~ " ~ j 6~: vt ;~.'E~°. c . ....t . ~ /i:.~:?r •;1 a~t.'~.:• A _ . ' ? 1z~ . w r- ~ o. . FlLCU AND RECO~DE~i . ~ ~ W ~ z ` ~ i ~ n00K t~ Q - ~ a » " ° j 3 I ~ " 196~ APR 30 AM 8: ' ~ a ~ ~ ~ W' ' ..,a ~ . ~ ROGER POITRAS. CLfRK ~ ~ t~~ F ~ ~ ~O Q~ o ~ ~ a. i. •.y ~S~~IU~IE COlINTY. FlORIDA ~ o " E~? ~ [.1 a~ ~ ~ _ _ ~1 V ~ ~ • • ~ • [ 1 ~ _ /1 '~i r ~ ? • . ~ A ~ ~ ~ (...1 0 ~ ~ . ~ 1 e..~- 1 • • .~t' O ~ ~I ~ Z . ' ~ ~ C-' ~ A ,..u ~ h ' . M a'i ;c~S • . ~ MM ~ ~ ~ _ ' ~ ,~i. . . . . . , ~ ~ ~ : T • L 1 O • ' O ~ ~S ~ ~ - . ~ooK . - ~ - ~ S ' ' ` ~ ~87 . ~ 439 - .'Y