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Home My WebLink About0723 0 pwicy w policirt s~id MORI'CU?C',EE ~tl h~ve Mr optlon w r+otiw a~vd app~y me asrrw un acoax~t of th~ ieKlebted~wss set•x~d Mnbv or n+ pertnit said MOFtTGNGORS to rooelw a~d uM It or a~ryr part tFweof for other purpo~t wiN~out tMnby vw+vin~ w imp~i~ini ~nY ~~Y. Hen or ri~ht w+dsr or by vi~ of N?is Mort~~a; and in th~ went ~id MQRTGAOORS sh~ll fo. any n~sa? fsil w kMp th~ s~id prrmisss so inswed, ar hil to ddiva? pwr~vtly any of saMd polidre ot intoursnts to said MORTGAC~.~, c+~ fsil prareptly to paY fullp ury pr~mi~r+ thenfor. o? in s~y nap~et fail to P~rfam~ dbch~rR~, axecut~. ~fhtt, ot~mplM~. tornply wfih ard ~bidr by tfils oovarwnt, a any pKt I~aeof. s~id M4itT CJIGEE miy plaes and psy for uith i~uranet or sny psR M~e+~af without vrsiving or sffacti~~ +ryY option. lien. ~GuitY. or HiM tr+d~r cr by virtue of this Mwt~e , u+d tM ful! ama~t of ach and ewry wcl+ psymer?t shsll be 4nmsdiateFy dw and payable and thsli be~r inhrest from the date thenrf unNl paid at ths rate of sfx ~ p~r cant p~r annum and to~stMr with such i~terwtt shrll ba a~currd by ti'w lien of tfiis mtxt~. 4. To permit, tommit or wffer rto waste, irt~f~irrt~ent or deterioration of said property or any part theroof, 5. It is hertby specifiwlly sgreed that any sum or Sums whith may be loaned a advanced by the Mort~~e~e fo tfie Mort~aior at ~ny •ime after the recording of this irxlenture, to~ether with interest tfierpar~ at the nte a~reed upon at the time ot suth k'~n or advmce, shall ba aqwlly secured with and hsve the same priority as the ori~inal lndebt~dnru, and be subjett ro all the terms and provisions of ihis rtwrtgs~s: Provided, thst the ag~resate amount of principal aumsnding at any time shall not exceed an amounT eq«al to a+e Mindrod ~nd Hffy per cent (15046) of the principat amount ori~inaily securad hereby. 6. To pay all and singulsr the costs, charges snd expans~s, inch~ding a ~aaso~able ~ttorney's fee and costs of abatract ot titk in. turred ot paid at any time by ssid MORTGAGEE bsauM or in th~ evont of the fadlure on tha pa~t of the caid MORTGAGOR to du~y, promptly and fully perform. discharQe, e~cecute, effsct, compkte, Compty with arsd sbide by each and every tM stipulations. aareements, conditia?s and covenants of said p~omissory note and tFis mort~,sge any or Nther, and said costs, char~es snd exp~nsts, esch snd wery, shsil be immediately duc snd payable; whether or not there be rwtice, dert+a~d, attempt to collect or suit pending; and the full srtwunt of eath and every such payment shal! bear interest from the date thereof unNl paid at the rate of slx ~['~L,~per tentum par snnum; and slt said costs, charges and expenses so incurred or paid, rogether with such mterest, shall be setured by the lien of this mort~age. 7. That (a) In the event of any bre~ch of this Mortpge or default on the part of the MORTGAC,OR, or fb) in the event ar~y of sald sums of money herein reterred to be r~ot promptly snd iv11y paid within thirty (30) days nettt aher the same sever~lly become due and payable. without derrwnd or notke, or (d in tfie event each and every the stipulations, argeements, to~ditions md covensnts of said promissory note and this mortgage any or either arc t~t duly, promptly snd fully performed, discharged, executed, effected, eompFeted complied wifh ~nd sbided by, then in either or any such event, the said sggrcgate sum menNoned in said promissory note tF+en remafning unpaid, with Interost accrued, and all moneys secured hereby, shsll become due and paysble forthwitfi, or thereafter, a4 the option of said MORTGAGEE, as fully and completely as if all of the said wms of money were originally stipulated to be paid an such day, anything in said promiuory note or in this MortgaQe to the oontrary not withxtanding; ~nd thereupo~ or thereafesr at the nption of said MORTGAGEE, without notice or demand. wit at law or in equiy, may bs prosecurea as if all rtwnies securod hereby had mstured prior to its institution. 8. 7hat In she event that at the beginnin~ of or at any time pending any suit upon this Mortgage, or to 1~oreclose it, or to reform it, or to enforce payment of any claims hereunder, said M042TCAGEE shatl apply to the Court having jurisdiction thereof for the appointment of a Receiver, suth Court shall forfhwith appoint a Receiver, of said mortgaged property all and singular, including all and singular the inc~me, pr4fits, issues and revenues frnm whatever source derived, each and every of which, it being expressly uriderstood, is hereby mort- gaged as if specifically set forth and described in the gra~ting and habendum clauses hereof, and such Receiver shall have all the broad and effective functions and powers in anywise entnrst~d by a Court to a Receiver, and such appointment shall be made by such Court as an admitted equiry and a matter of absolute right to said MORTGACEE, and without reference to the adequacy or inadequacy of the value of the property mortgaged or fo the solvency or insolvency of said MORTGAGOR or the defendants, and that such rents, profits, incomes, issuea and revenues shall be applied by such Receiver according to the lien or equity of said MORTGAGEE and the practice of suth Court. 9. To duly, prornptly and fully perform, discharge, exetute, effect, tomplete compty with and abide by each and every tha stipu- !atiorts, agreements, conditions and co~renants in said promissory nofe and in this mortgage set forth. 10. l hat in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a persnn other than the MC^TGr1%7R, the MO?~TGAGEE, its sutceua.s and assigns, may, without notice to the MORTGAi~J~t, 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 Mo?tgagor's liabiliy hereunder or upon the debt hereby secured. No sale ~f the premises hereby mortgaged and no fore- bearance on the part of the MORTGAGEE or its suctessors or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE o.• Ets sutcessors or assigns, shal! operate to release, discharge, modify, change ar effect the original liabiliry of the MORTGAGOR herein, either in whole or in part. 11. It is specif~cally agreed that timt is of the esse~ce of this contract and that no waiver or any oblfgation hereunder or of the obligation secured hereby shall at any time thereafter be held to be a waiver ot the terms he~eof or of the instrument secured hereby. IN WITNE55 WHEREOF, the said MORTGACAR has hereunto set his hand and seal the day and year first aforesaid. $igned, Sealed and delivered in presence of: d_'( tk T. i• ' ~ , ~ , /~j . ~~,J~ ,~J~~~~/ . :~~Jl -iL, x.~ ..~frr~ Lr'~.--, .~y~'~~.~/!G~i.~'' _ . - - - (SEAU ~ "9 ~ ~ 1 , C~na~4.~~~_-~--e~-t - r `l . I~i,~ l~fi,~ `4s~u STATE OF FLORIDA , / • SS. caur,rY o~ St.__Luc1e__ ~ Before ?he pe?s~o~auy a~?ea~ed MARY M. NEIL a widow and MARY M. BORL~-IERS . - _ _ - -'---~~txYda~c _ - - . S WICIOW _ XX~~~ tcs me well known, and known to me to be the individuals described in - - - - - and who executed tfie foregoing instrument, and acknowledged bafore me that they executed the same for the purposes tfierein expressed. WITNES< my har?d and official seal this . - day of - - - . - , b. 19_. 5 . " ~ ' ~ -~~<<?~..c./ - ~ ~ ~ O r ~ ~ Q r ~ tary Public in and for the 5tate of Florida at Large. '~Q 'aiTtTd~~Y l~' My commission expires: ~ ~ , ~ ~l' (~TJiRY ~UCLIC, SThTE af FLORIDA ~i lt,~u"E ~ ~ ~ MY COMk91SS~ON E.Xl~iRES NGY. 8. 1488 t'J =.o• -a - ~o • r..;., : eo-~,E~ w. o:~s..,. . ~r~~'. 47~ ~ .c4 C/~ Z ~''~~ii.~ w . ~ p / FI L ~ D A N 0 ~~p . ~ ~ ~~Oi~°- E D ~ = z~a z ~Op~ q p -;ao° z , . ~ o ~ a > ~ . 65 A~ ~ ~ i~ : 59 r~i~ ~ ~ ~ 0 - Q ~ ~ ~ t~ ' ~ ~ ~ : ; c : ~ ~ ~ a m ~ ~ +~Z 4 p~~~~ F~~ r. , RaGEr? ~ <<.3 v i ~ . ~ , ~ s_~' W ~ x . ST. 4~i~~ ,-r~~5, CL~RK ~ ~ ~ A ~ _ FLOR COU~'VTY, ~ ~ c~ Vr ~c W z ~5 ~.1iR . ~ v.~ fJ~ - Y ! D A a ~ v ~ ~ • • '1 t , I ;~1~~_ ~l~'' : ~ AI 7;ie.. • ~ ~ ~ ~ ' . t~~~ ~k~... ~ ~ o . ,:a ~ ; oox 24 ,