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Home My WebLink About1477 policy or policies said MORTCJ~GEE sh~ll hsva the aption to reaeiva and spply tne same un sccax+t ot tha i~wdebtedr+ess setwrod Irtr+bv w M permit said MORTG/1GORS to rateive and use it or sny part tMroaf for o?htr purposas without tharoby waivin~ or Impairin~ ~ny puity. I~en or riQht under or by virtue of this MoR~sQa: and in tht ~vent said MORTG/1GOR5 shall for sny rossa+ hil to keap ihe ssid promises so inwred, or hil to deliver prcwnptly sny of ssid policies of inwrance to said MORYGAGEE, w fail pr~a~nptly to paY fu{fy sny pr~mfum tMnfor, a i~ sny respect t~il to pe?fam, disrtharge, a~cecute, eff~ct, oomplete. canply with and abide by this tov~nsnt, w any part F?~roof, said MOitT• GAGEE may pisce snd pay for sueh i~wranca or sny psrt theroof without waiving or affetting any optio~, lier+, sQulty, or ~i~ht ~wd~r or by virtue of this Mortgsge, ~~d ths full smount of esch u+d ewry suth payment shsll be imme~diately dus and p~ysbb and shail bea? interest from the dste thereof until paid st the rste af six and six-tenNis per tent per annum and to~ether with suth interest ahsl) be secursd by tiw lien of this mortgsge. 4. To permit, commit or wffer no waste, impairment or deterio~ation of said property or any psrt theroof. 5. It is hereby specitically agr~ed that any sum or wms whith may be ?oanecl or adva~ted by the Mortga~ee to the Mort~agw at any . *ime after the recording of this intknturt, together w+th intCrest thareorr at the rate agreed uporr at the time of such latn or advante, shall ba equa!ly secured with and have the sart?e prioriy ss the ori~insl ir?det>ted~ess, and be subject to all the terms and provisia~s of this morigsge: Provided, that the agg~egate amount of p~incipal outstanding at any time shall not exteed an smcx+nt eq.wl N ane hundred and fifty per cent (15096) of the principal amount originally setured hereby. 6. To pay all and singular the costs, chargas s~d expenses, including a reasonable attomey's fee and costs of abstract of title irt- wrred or paid at any time by said MORTG/~GEE becausa or in the evont of the failure on the part of the said MORTGAGOR to duly, pranptly and fully perform, distharge, execute, effect, complete, comply with snd sbide by each and every the stipulations; a~reert~nts, conditions and covenants of said promissory note and tfiis rtwrtgage sny w eithe~, and said costs, charges and expenses, eath snd every, shall be immediately due and payable; whether or not there be rwtice, dtmand, attempt to collect or suit pending; ant! the 1`ull amount of each snd every such payment shall bear interest from the date thereof untif psid at the rate of six and six-tenths per tentum per annum; and atl said costs, charges and expenses so incurred or paid, together with such lnterest, shall be secured by the lim of this mort~age. 7. That (a) in the evmt of any br~sch of this Mortgage or default on the part of the MORTG/1GOR, or (b) In the event any af sald sums of mo~ey herein referred to be not promptly and fully paid within thirty (30) days next afier the same severally become due snd payable. without demand or notice, or (c) in the event each and every the stipulations, argeements, conditions and covenanb of ssid promissory noM and this mortgage a~y or either are not duly, promptly and fully performed, diuharged, executed, effetted, completed complied with and abided by, then in either or any such event, the said aggrogate sum mentioned in said promissory note then remafning unpaid, with interest accrued, and a!I moneys secured hereby, shall become due and payable forthwith, or thereafter, at the option of said MORTG/1CEE, as fully and completely as if all of the said sums of money were originally stipulated to be paid on such day, anything in said promissory note or in tfiis Mortgage to the tontrary not withstanding; and thereupon or thereaher at the option of said MORTGAGEE, without notite or demand, suit at law or in equity, may be prasetuted as if all monies securcd hereby had matu~ed prior to its instetution. 8. That in the event that at the beginning of or at a~y time pending any suit upo~ this Mortgage, or to foreclose it, or to refo~m it, or to er+force payment of any claims hereunder, said MOR7GAGEE shall apply to the Court having jurisdiction thereof for the appointment of a Receiver, such Court shall forthwith appoint a Receiver, of said mortgaged properry all and singular, including all and singular the income, profits, issues and revenues from whatever source derived, each and every of which, it bei~g expressly undersMod, is hereby mort- gaged as if specifically set forth and described in the grenting and habendum clauses hereof, and such Receiver shall have al) the brwd and effective functions and pawers in anywise entrusted by a Ca~rt to a Receiver, and suth appointment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the adequacy or inadequacy of the value of the praperty mortgaged or to the solvency or insolvency of said MdRTGACAR or the defendants, and that such rents, profits, ~ntomes, issues and revenues shall be applied by such Receiver according to the lien or equiry of said MORTGAGEE and the practice of such Court. 9. To duly, promptly and fully perform, discharge, execute, effect, complete comply w;th and abide by eath and every the stipu- lations, agreements, conditions and tovenants in said promissory note and in this mortgage set forth. 10. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than tt,e MORTCACOR, the MORTGAGEE, its successon 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 setured in the same manner as with Mortgagor without in any way vitiating or discharging tha Mortgsgor's liability hereunder or upon the debt hereby secured. No sale of the premises hereby mortgagad and no fore- bearance ~n the part of the N10RTGAGEE o~ its successors o~ assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its suctessors or assigns, shall opero4e to release, discharge, modify, change or effect the origina) liability of the h10RTGACAR herein, either in whole or in part. 1 1. It is specifically agreed that tlme is of the essente of this contract and that no waiver or any obligation hereunder or of the obligation secured hereby shall at any time thereafter be he!d to be a waiver of the terms hereof or of the instn~ment secured hereby. IN WITNE55 WHEREOF, the said MORl'GAGOR has hereunto set his hand and seal the day and year first atoresaid. Signed, Sealed and delivered in presence of: ~ - s .t i ~ • ^ ~ / G-L5= • .e~-C~"~~~'.c-i.xQr ~ ~~t~~~~Z~'~.//f ~3`~ (SEAU - . _ r- - ~ ~~'`'/-~-U~£ i-~'',1~_~-'+~ - ~ (~L~ ~'I< x%%~.~c.~~. - (SEAU . STATE OF FL RIDA courvrY ' St, Lucie - } ss. Before me personally appeared ED~~UND M. RADKE - - - - - - - and - - DORIS M. RADKE h,s wife, to me well known, and k~own to me to be the individuals described in _ - - - - - and who executed the foregoing instrument, and acknowledged before me that they executed the same for the purposes therein expre . WITNESS my hand and official seal this _?~'~_t~ - day of ~CCO~~ 1`J q, D. 19'~5 ` - . ~ - " ~~'.~°f~~ Notary Publit ' and for the State of Florida at Large. ' My commission ercpires: r ~ _ , F. . ? `~G'ja,~.~.~~/ ~ 7~ ~ 9 ~ (Notary Seal) ~ ' ~ ~ _ . „ ~,•s z I FIty~ a~j~q~~p i . • ? , ~ , C7 ~ ' ~,/TTI(f_al_: K~Cp~O R ~ E D ~ 1 Z Q i . ~ 0K x Q ~ Q oo ' ' ~ F~ o a N ~ ; _ , " . '~5 O~T 2 I P~ ~ 2 . 3 6 ~ a W u.i ' ~v - 'r'~ ~ ~ ~ : , t~: ~ r? t ~ , pq R+ r p • °--a..~f3 t ~ p~ O Z a ~ v Q R~G= i„, ~ ~ F'' W o .,f~ ' ~7 LUC?c COUNTYRK ~ ~ v~o ~ ~ , r ~LORlQA e ~ ~ _ t~.~ ~ o . ~W °m E~"±~ ~ ~ ~ ~ w . ~ a ~K 9 ~78 ~ ~ ,