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Home My WebLink About2280 , po~iq or policies said MORTGAGEE shall have the option w ~eceive and apply tne same on accax~t of the indebtedneu secured he~ebv or to permit said MORTGAGORS to ~eteive a~d use it or any part thereof for othe~ purposes without thereby waivin~ or impairing any epuity, lien or ~ight under w by virtue of this Mortgage; and in the event said MORTGAGOR$ shall for any reason fall to keep the said {xemises so insu~ed, or fail to deliver promptly any of said policies of inw~ance to sald MORTG/1GEE, w fall promptly to pay futly any premium therefo?~ or i~ any respect fail to perform, diuharge, execute, effett, complete, comply with and abide by this covenant. or any pa~t hereof~ said MORT- GAGEE may place and pay for such insurance or any part thereof without waiving a affecti~g any optian, lien, equiry. or right under or by virtue of this Mortgage, and the full amount of eath and every such payment shaQ be immediately due and payable and shall bear inte~est from the date thereof u~til paid at the rate of six and six-tenths per cent per annum and together with such interest shal~ be secured by the lien of this mo~tgage. 4. To permit~ commit or suffe~ no waste, impairment w deterioration of said property or any parf thereoE. , 5. It is hereby specifically agreed that any wm or wms which may be loaned or adva~ced by the Mortgagee to the Mortgagor at any time after the retording of this indenture, together with interest thereo~ at the rate agreed upon at the time of suth loan or advance, shall be equally secured with and have the same prioriry as the original indebtedness, and be subjett to all the terms ar:d provisio~s of this mortgage: Provided, that the aggregate amount of principal outstanding at any time shall not exceed an amount equal to o~e hundred and fifty per cent (150%) of the prirxipal amount originally secured hereby. 6. To pay all and singular the costs, charges a:~d expenses, including a reasonable attwney's fee and costs of abstract of title in- curred or paid at any time by said MORTGAGEE betause o? in the evmt of the failure o~ the part of the said MORTGAG~R to duly, promptly and fully perform, discha~ge, execute, eifect, complete, tomply with and abide by each and every the stipulations. agreea~ents. tonditions and covenants of said promissory note and this mortgage any or either, and said costs, charges and expenses, each and every. shall be immediately due and payable; whether or not the~e be notice. demand, attempt to collect or suit pending; and the full amount of eath and 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 incurred or paid, together with wth interest, shall be secured by fhe lien of this mortgage. 7. That (a1 in the event of any breach of this Mortgage or default on the part of the MORTG/1GOR. or (b) in the event any of said sums of money herein referred to bo not promptly and fully paid within thirty (30) days next after the same severally become due and payable, without demand or ratice, o? (c) in the eve~t each and every the stipulations. argeements. conditio~s and cove~ants of said promissory note and this mo?tgage any o? either are not duly~ prampty and fully performcd. discharged, executed, effected, completed complied with and abided by, then in either or any such event. the said aggregate sum mentio~d in said promiuory note then rertwining unpaid, ~vith interest actrued, and all moneys secured hereby, shall becorrie due and payable forthwith, or thereaher, at the option of said MORTGAGEE, as fully and completely as if all of the said wms of money were originally sHpulated to be paid on wch day, anything in said promissory note o~ in this Mortgage to the cor?trary not withstanding; and thereupon or thereafter at the option of said MORTGAGEE, without notice or demand, suit at law or in equity, may be prosecuted as if all rtanies secured hereby had matured pria to ifs institution. 8. That in the event that at the beginning of or at sny time pending any wit upon this Mortgage. or to foreclose it, or to reform it, or to mforce payment of any claims hereunder. said MORTG/1GEE shall apply to the Court having jurisdictio~ thereot for the appointment of a Receiver, such Court shall forthwith appoint a Receiver~ of said mortgaged property all and singular. including all and singular the income, profits, issues and revenues f~om whatever source derived, each and every of which, it being expressly understood, is hereby mort- gaged as if specifically set forth and described i~ the granting and habendum tlauses hereof, and wch Receiver shall have all the brend and effective functions and powers in anywise entrusted by a Court to a Receiver. and sixh appointment shall be made by such Court as an admitted equity and a matter of absolute ~ight to said MORTGAGEE, and without reference to the adeqwcy o~ inadeQuaty of the value of the property mortgaged or to the sotvenq or insolvency of said MORTGAGOR or the defendants, and that wch rents, profits, incwnes, iswea and revenues shall be applied by wch Receiver according to the lie~ or equiy of said MORTGAGEE and the prectite of wch Court. 9. To duty, promptly and fully perform, discharge. execute, effett, complete comply with and abide by each and every the stipu- lations, agreeme~ts, conditions and covenants in sald pramissory note and in this mortgage set forth. 10. That in the eve~t the ownership of the mortgaged premises, or any part thereof, becomes vested in a peaon other than the " MORTGAGOR, the MORTGAGEE, its wccessors and assigns, may, without notice to the MORTGAGOR, deai with wch successor or wccessors i~ interest with reference to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating or distharging the Mortgagor's liabllity hereunder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no fore- bearance on the part of the MORTGAGEE or its successors o? 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 opente to release. discharge, modify, change or effect the original liability of the MORTGAGOR herein, either in whole or in part. I1. It is spetifitally agreed that time is of the esserxe of this contract and that no waiver or any obligation hereunder or of the obligation secured hereby shall at any time thereafter be held to be a waiver of the temu hereof or of the instrument seaered hereby. IN WITNESS WHEREOF. the said MORTGNGOR hss hereunto set his hsnd and seal the day snd year fiat aforesaid # Signed. Seakd snd delivered in presence of: - ~ci•~ . . . _ ~ ~ I ' I. i / ~ r - - - - ~$f~V ~ - - - ~ / ~ • 3 -----(SE/1U s ~ ST/1TE OF FLORIDA ~ St _ Lucie } ~ ~ courvrir oF_____• _ ' ~~„~y ,~,r„d ANNA H. DONNELLY, a sin~le person _ _ ~ ° ~ ~ • • . - 1:~-e - -~~v~iXt, to me well krww», snd krwwo to me to be the ind'niduals destribed ie •a~?dt_~ilw~ exewtsd xke fo?p~oing instniment, snd acknowled~ed before me that they executed the same for tlx purposes thercin expresied. . . ~ , - ~ ~ ~ March 66 ~ ~ ~ p ~1Vftf~ES~ ~i!1!.tw~d ~nd officisl sesl this-------9 ---.d~Y of._-_ - D. 19------ • : ~ ~ C.;.ti ~ U l1 • _ _ ~ • ` • ' ~ - ~ Notsry Publit in snd for the Sta of Fbrida at l~r~e. ~a Seai) ~ My / 1- I - L ~ ~ ~ . Q a ~ W : ~ W " ~ ~ FILED AND ftEC RDED ~ ~ Z a = ~ -~fic+a~-Re~--RooK e - A ~ A ~ M~ O o mo . ~ = a V ~ z ° ~ ~ ~ ~ 3 ~ w ~ ~ ~ ~ '66 aPR 7 ~MM 10 : I 1 ~ ~ ~ ~ ° ~ o ~ 144284 ~ ~ H a ~ ~ ~ W ~ Z V ~ ROGEr: i' CLtRK H~ a~a ~ ~M A o,~ ~ ~ ST. LUCIt COUN i Y, d o ~ ~ ~ Z o A c~ FLORIDA pC) o~ ~ ~ - ~ ~ t3 ~ ~ ~ O ~ ~ I I fl ~ 4 • aoox 2 ~7~ ~ _ ~ . , ; ~ ~ ~ x~.,~`~~~-~ ~ . , -