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Home My WebLink About0119 poiicy or po!icies said MORTGA(;EE shall have the option to re~eive and apply tne same un acc~unt ot the indeb`edness securetl herebv or M pe~~~it said MORTGAGO~,S to reteive and ~se it or any part thereof for other purposes without thereby waiving or impairirg any equity, lien or right under or by virtue of this Mortgage; and in the event said MORTGAGORS shall for any reason fail to keep the said premises so Insured, or fail to deliver promptly any of said polic+es of +nsurance to said MORI'GAGFE, or faii promptly to pay fufly any premium therefor, or in any respect fail to perform, discharge, execute, effect, comF'ete, comply with and abide by this covenant, or any pa~t herenf, said MORY• GAGEE may place and pay fur such insurance or any part Phereof without waiving or affecting any option, lien, equity, or right under or by virtue af this Mortgage, and the full amount of each and every such payment shatl be immediately due and payable and shall bear interest from the date thereof until paid at the rate of six and six-tenths per cent per annum and together with such interest shall be secured by tna I~en of this mortgage. 4. To permi:, commit or suffer no ~vaste, impairrnent or deterioratiun of said property or any part thereof. 5. It is hereby specificaliy agreed that any sum or sums which may be !oaned or advanced by the Mortgagee ro the Mortgagor at any ~ime after the recording of this indenture, together with interest *hereon at the rate agreed upon at the time of such loan or advance, shall be equa~ly secured with and t~ave the same priority as the original indettedness, and be su6ject to alf the terms and provisions of this mortgage: Provicied, th~t the aggregate amount of principaf outstanding at any time shall not exceed an amount equal to one hundred and fifty per cent (150°0) of the prir.cipal amount originally secured hereby. 6. 7o pay ali and singuiar the costs, charges and expenses, including a reasonable attorney's fee and costs of abs~ract of title in- curred or p~id at any time by said MORTGAGEE betause or in the event of the failure on the part of the said MORTGAGOR to duly, promptly and fuily perform, discharge, execute, effect, complete, comply with and abide by ~ach and every the stipulations, agreements, conditions and cuvenants of said promissory note and this mortgage any or either, and said costs, Charges and expenses, each and every, shall be immediately due an~ payable; whether or not there be notice, demand, atterript to collect or suit pending; and the full amount of each aiid every such payment shall bear interest from the date thereof until paid at the rate of six and six-tenths per centum per annum; and all said costs, charges and expenses so inwrred or paid, together with su~h ~nterest, shall be srcured by the lien of this mortgage. 7. That (ai in the event of any breath of ihis Mortgage or default on the part of the MORTGAGOR, or (b) in the event any of said sums of money herein referred to be not promptly and fully paid within thirty (30i days next after the same severa~ly become due and payable, witheut demand or netice, or (c) in tne event each and every the stipulations, argeements, tonditions and covenants of said promissory note and this mertgage any or either are not duly, promptly and fully performed, discharged, ezecuted, effected, comp(eted compiied wi*.h and abided by, then in either or any such event, the said aggregate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall become due and payable forthwith, or thereafter, at the option of said MORTGAGE~, as fully anci completely as if all ef the said sums of money were originally siipulated to Ee paid on such day, anything in said promissory note or in this Mortgage to she contrary not withstanding; and thereupon or thereafter at the option of said h~tORTGAGEE, without notice or demand, suic ~t law or in equity, may be prosecuted as if all monies setured hereby had matured prior to its institution. 8. That in the event that at the beginning of or at any time pending any suit upon this Ivlortgage, or to foreclose it, or to reform it, or to enforce payment of any Claims hereurder, saic! MORTGAGEE shall apply to the Court having jurisdiCtion thereof for the appointment cf a Receiver, such Court shal! forthwith app~int a Receiver, of said mortgaged property all anc! singular, including all an~l sin~ular the inc~,me, protits, iss~.~es and re~enues from w-hatever source derived, each and every of which, it being expressly understood, is hereby mort• ga~ed as if specifically set forth and described in tne granting and habendum dauses hereof, and such Receiver shall have all the broad and eitec,ive functions and p,wers in anywise entrusted by a Court to a Receiver, and such appointment shall be made by such Court as an adm~tt^_d equity and a matter of absolute right to said h40RTGAGEE, and without reference to the adequacy or inadequacy of the value of the p~eperty mortgaged or to the so(vency or insolvency of said MORTGAGOR or the defendants, and tnat such rents, profits, incomes, issuea and revenues shall be applied hy such Receiver according to the lien or equity of said h10RTG.~GEE and the practi~e of such Court. 9. To duly, prcmptly and fully perform, discharge, execute, effect, complete tompfy with a~d abide by eatn and every the stipu- lat~an>, a~reements, conditions and covenants in said promissory• note and in this mortgage set forth. 10. That in the event the ownership of the murtgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, tne MORTGAC~EE, its successors ar~d assigns, may, without notice to the MORTGP.GOR, deal with such successor or successors in intcrest with reference to this mortga;e and the debt hereby sewred in the same manner as with Mortgagor without in any way vitiafing or discharging the Mortgagor's liability hereunder or upon the debt hereby secured. No saie of 1he Prein(ses hereby mortgaged and no fore- bearance on the part of the MORTGAGEE o~ its successors or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors or assigns, shall operate to release, discharge, modify, change or effe~t the original liability of ttSC MORTGAGOR herein, either in whafe or in part. 11. It is specifically agreed rnat time is of the essente of this ~ontract and that no waiver or any obligation hereunder or of the obli3aticn secured hereby shall at any time thereafter Ce held to be a waiver of the terrns hereof or of the instrument setured hereby. !N WlTNESS WHEREOF, the said MOR7GAGOR has hereunto set his hand and seal the day and year first aferesaid. Signed, Sealed ar,d delivered in presence of: . _ 4: . ; , ~ ~ 1 i7 G~-L~ C..,G'~i~C/ " ~ ~o~" _ n'~/ ~ . (~L, (SEAU ~j~,(~(t% r~~Q- ~~'~-~'L,Q ~ ~ ` Cff ~-~--~C1 (SEAL) STATE Of FLORIDA • • COUN7Y OF SZ. Lucie ~ ss. Before me personally apneared JOHN AUBREY COOK and EUNICE F• C~~K his wife, to rne well known, and F:nawn to me to be the individuals described in ancf whaexeeuted,khe foregoing instrument, and acknowledged befere me that they executed tne same for the purposes therein expressed. ' ~ ~ ~j-~- ' 65 bV17NE~5'm~ F3a~d ard official seal this day of November _ , q. 19 . . - : = ~ ;~2~~.c~-..- ' " Notary Pub ic in and for the State of Fl~rida at Large. - ~ ' : ~ l tvty Cammission expires: , (~p~a~=y Seal) v' NOTARY PUBt1C STATE ot FlOR1pA ~t LARGE , , I~Iif~~il~llllli~ IAY COMMSSION EXPIP,ES AFRIL 11, 1966 ~ rOkC[D 7HROUGM FRED W. DIE57E4NORST P~ G~.~ N E' ~i? C/~ Z a CrJ ~ s°J ~s~,~~~ I ~ ° ~ _1in~~~~Yy, . F'I~L . ~~1G R~CORD~D . ~~P,o r~,~sr , ~ a z L~ ~~~ti ~ ~ Vlit~:~ ~ ~~.r A ~y ~'~.pC' > v Q t,. n ~4~-~ ~ _ ~ Q f~w ~ [¦~i ~ ~..~~q y-~~'~,.' ~ a o ~ ~ ° ~ ~ ~ , f c G ' c^ ~ N l.jz ~n ~ ~ ? ~ j~,~s ~ a > ~ ~ q ~ . . , - ,s ~~04 I 6 P~~1 I : 4 3 u: ~ ~ , o~ Q a ~ ~v = ~a`: - ;J' ~ r ci~ x ~ ~ ~~f c ~ W a o. ~ ~0~~11111li11~2~ ' ~ C; LE_ ~K ~ ~ ~p~ ~t` ? ~ '''~T. L+JC;~. COUi.TY, E" ~C ~ i::>:,, ~j ~ " . t= ~ 0 R I D A ~ A ~ ~ a ; 1~1N~1c~ ~ W m ~ o ~ • °F 3!~fll ~.5 . . x ~ ~ ~ . ~ - i ` ~ ~ ~ c~ R ~ 4~ ~ BOOK 1. ~.13