HomeMy WebLinkAbout1081 . - - • - - - - - - - . . . ;
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p~ky or polkla sNd MORTC~II~GEE drll haw tM optia+ to raoMw a~d apply tn~ s~ un aooa+nt of tM hd~bqdr~s s~cw~d h~r~ w M '
~upu~po~
o~t ~id MORTGII~ORS to noNw and uM It o? any p~t tM~rof fa ot1~u wiHwut tMnb'f? vwivMt or impd~ +nf? ~quiM. ~
li~n or ~i und~~ o? by virtw of tl~ Mo~tMN: and M th~ ~+t aid MORT'G/10~R5 sF~ll ior ~ ni~on falf eo kNp tM ~Id p~nd~
so i a fail ro d~liw? promptly a~r of aW Paida af imunno~ to s~W MOR ar fail prwnptly to pn? tulhl~hr «~fum th~nta. !
MY
a In a~y ~sct hll ro p~fo~n~, ~sd~. c~Ph? ~1? ~ a ~ ~ hawf, sNd MORT• ~
GJI~GEE mhr plaa and pay for wch ~r?w~o~ orany P~ tMnof wlthout vwivie?~ or aff~cti~anyoption. ~IM+. ~pulh?. o? ~ht ur~ a b~1 !
virtw of thb~ and tM full ~n~o~t of wth s~+d wch P~t sh~li b~ Im~latNy dw a~d p~bN snd sF+dl b~s~ M?t~nst ~
' J kam tlw dat~ tM~eof -unHl p~W at th~ nt~ of tix~~~~a~ PK ew+t D~ anwm and toptMr with suth Mh~t ~II b~ s~a~nd b1? th~ ;
' li~n of tFas mort~ap. ~
4. To pKmit, commit or wfhr no vw~~+. In+p~~rm~nt o? d~taioation of siW p~opKty or arry pKt thenof. ,
S. It is hereby spetiHcall~r a~hed that any wm or suTS wl~kh n+~Y bs brwd or sdvsntd b~? th~ Morttatae to tfi~ ~t xM f
*iens after the hoordiMt of tNs tndenturo. to~tther with hterost tM?ao~ at tM nts ~eed upon at ths tinM of wd~ lo~+ or advano~. shdl b~
pwlly secwad with s~d h~w tM s~ prioritr ss tM ori~in~l ind~btedness. and be wbjett to all th~ ta~ns ard provislons of tNs mort~st~C
Providsd. th~c tM s~re~sn ~n~o~nt of principsl autst~ at any tims shall not ~xa~d an an?a+nt pwl to on~ Mmdnd and fift~r pa a~+t
t15096) of ths prindpal an+o~mr ori~inily sea+nd hu~by.
6. To piy all and :ie+~u4r tM oosts. charps +nd Inck+di~ a nsson~bb atto~ney's fe~ snd aoats of sbstr~ct of Htl~ M- ~
aured or p~id at Hme b~r ssW MORTGNGEE bsuus~ a in tM Nent of ths falluns cn th~~a~t of tF+s saW MORTC/~OOR w duty. w~N i
•nd iu1N pe.fon+n.~sd+~Ks. ex~wt~. ~fhct. comPlst~. ooerply wtth and abld~ by each and ~wn? tM sNq+lations. +~~«n~nb. cadltiora
and oovensnts of sa~ prom~sory not~ and Mb rnortss~e +n~? a NthK. and sald ocsts. ch+~s and fxpw~ses. each and w+~l shsll b~ ,
taxnediately dw and payabl~: wF~etha a? not then b~ ratia. d~nand. attemPt to oollitc or suit ; and th~ tull smount o~ Wch and ,
. ~very 'such payment shall bau interost fro~n th~ ~bt~ tl~eofur~H~I piW at ths nt~ of six pK aniun pK ar+~wm: snd all taid
oosts. tha~es and ex~+sa so inamed or p~td. ta~etM? with s~ich inierast. sh~li b~ ~scurod bY ths Uen of tNs mort~al~.
7. TF~t W 1~ ths want of an~r breacF~ of this Mortp`e or defwit on ths put of tht MORTGAGOR. ar (W 1n Nr w~nt s~1? of ~+~d
wms of ma~ey heretn ~efernd to be not promptiy? ard tuly psid witNn thirty (30) days nent afte~ ths ssms sewally b~oo~n~ du~ and p~y~bl~.
without demsnd or notke. or (c1 in ths event a~ch snd fva~Y ~ s~oulstia+s. +~eanents. ea~diNons s~d oow~~snts of saW proe~tsso~ool~
and tNs m«t~agsa~r or eit1~ sro not duy. vrom~?tb and iu11y pertamad. dlscha~ed, exeouted. effacted. oompleted oomplled wi sed
~ +Wded bY. tF~ in either a amr wch we~t, tM saids~
~ts wm ma~tia~sd i~ s~id promusory nots then ran~inin~ unpaW. with i~terost
a~cn~ed. ard allma~eys sec~ued hs+eb'Y. shsll beoonw dus snd e forthwiN+. o? thsre~fter, at th~ option of ssid MORTCJ~CEE. ss iulir
and oompletely ss if sll of the ssid wms of ma~sy wan origir~sl~stipubted to bs Wkl on wd~ dsy. ~ in ssid promissory r?ote a M
tNs Mort~s~e b the tontnry rat withttan~rq; and tMra~pa+ or thereaftK st ths option of sald MOR GACEE, without notios or damM~d.
~ wit st (aw or in equitl?. maY be prosecuted as if sl) monies searod heret~Y Md matured prior to its irutitutio~.
8. Thst in the event thst st tM be~imk+~ of a at ar~y time Per~~ snY wit upon tFOs Mort or b iorse{oss it, or w r~iam
it or to oniao~ WY~'~t ofsny tWms hereirder. ssW MORTGA~GEE shsll apply w the Court h~vi~ hx~ioa tMnof for t!a appointmsnt
o~ a Reoeiver. wcF+ Court sball forthwith appoint a Rsceiver. of ssid mort~ssed propsrtf? all snd :ir~ub~. inch~din; all and singubr th~ ,
irxoir~e. profits, iswes srd rave~nies from whstavK souros derived. each and wery of whkh. it beln6 e~S~Y undenlood. ~s hs~eb'f~ mati
gaesd ss if speciHcally set iorth snd desc~ibed in ths g?anti~ and haba~du~n t4uses hersof, and wch Reoeive? shdl h~w all the broad ard '
effectivs fv~ctiaos snd P~rs In snywise entn~sted by a Court to a Reoeiv~er. snd wch aPPointma+t shall bt msds by wd~ Caurt as sn • `r~.
' admitted equity and a matter of sbsoh~te ~ight to ssid MORTGJIGEE. snd without rofare~oe to ths sdeqwty or inadsquscy of the value of tM
property mortgsged or to the solva~cy or insolvency of saW MORTGACrOR or ths defendanls. ad ti~t wd~ ronts. P~ofils. b~oomes. Iswe~
and reverwes sh~ll be appNed by wth Receiver aooor~n~ M ths lien or equity of ssld MORTC.IIGEE and the prattios of suth Gourt.
9. To duy. P?omPtb snd iulb Parfam. ~sd~a~e. e~oea~te. efhct. oomPkt+ aomPb with and abid~ b~r ~sch snd ~vay the stipu- '
, (atia~s, a6~a~ents. ca~fiitions and oovansnts M ssid promissay note and in tNs mortgs~e set torth
)O. Thst in the event the owne~sNP of the mort6+~ed Prem~s. a? +~Y P~ t~~f. beoanes wsted in s pKSan othsr thtn th~
MORTG/1GOR. tM MORTCAGEE. its wocesso~s snd miy~s. m+1?. without notioe to ths MORTC/1GOR. dssl with wd~ wooessor or wooasors
in interest with refarer~oe M thts mortgsge and ths debt he?ebY seaued in ths s~ms ~ as with MorlBsfor without in sny wsy viNatin~
or ~sdrr~int tM Mortsa~or's Itabiqty heraader or ~~pon tlie debt hsrabl? securod. No ssk of the Prw+~is~s I+Keb~? mortgs~ed and no foro-
besnnos on the part of the MORTGAGEE a its suoosssors or sssip~s and no extenslan of the tinie for ths payma~t of th~ debt heraby seaxed _
pven by the MORTG/1GEE or its wooes~sors or sssl~ns, sFytl oparat~ to rolesse. ~Sd~sr~e. modttY. cF~r~p or effect ths ori~insl UsWlity of
tf+e MORTG/1t',OR F~ein. aither in whok or in p~rt.
; 11. It ~s specifially s~reed th~t Hmt is of th~ ~ss~ics of this oontraet and th~t no 'vwive~ or any obll~atian hN~xrdK o? of N»
; obligatian ssa~red hereby shsll at any time thKeafter be h~W to be a waiwr of th~ ttnris Mreof or of ths InstnaMnt sswred hsrrby.
~ IN WITNESS WHEREOF. ths s~id MORTG/1CrOR h~s hsreunt6 s~t his tw~d and teai the dry and y~ Aat s(~oresaid.
Sip~ed. Sssled and d~livend in preser~ of:
~ ~%%s~'!~ /1- ~ ~ -----x---.t5E/1U
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: STATE OF IDA ~
St. Lucie ~ ~
~ couNr~r oF_
~ ~ ~,,,y ~ HAROLD S. WILLIAMS, SR. ~ ,~a
` ~ ADA C. WILLIAMS -
t rAs w+t+. to m. w~d~ known..na wwwn to m. to h. t+» In~vfdu.k d~scrib.a ~
~ and who uc~wted ths fae~oi~ in:tnan~nt. a~d ~dcnowbdisd b~fon rm that tF~ay ezswted th~ taent fo~ th~ p+rPo~a thersin ~pess~d.
WITNESS my Fwd and offic9ai ssal tNs~_oZ~~ ~~y ~_w._ ^ . A. D. 19
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; ' •-~,~;,'4j. d.;. Natary Publk in and i~a tFr Stab of Florid~ st Lsrp.
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