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Home My WebLink About2811 t w~ ~ ~ v, . ~ 4 ? poliq or poiicies said MORTC/~GEE shall h~ve the option ro npiw and spply the sams on actaR?t of tM indebtedneu secwM herobv w ro permit said MORTGAGORS to receive and use it or sny piirt theroof for other pu~poses without theroby waiving or impaltin` any equiy. lim or riQht unde~ or by virtw of this Mortgage: and in ths ewr+t said MORTG/1GORS shill tor any rosson fsil to keep the said premises so insu~ed, or fail w deliver promptfy any of said poUcies of i~surancs to ssW WORTG/1GEE, or hii pnomptly to psy fulty sny premium theretor. or in any respett fail ro perfom~. dixharga. execute. effect. aornplete, comply with aod sbide by this aovena~t, or any part hereof~ said MORT GAGEE may place and pay fw wch inwnnce or sn paR thsreof .+i?hout ~•raiving or affecting any option. lien. oquiy~ w right ~x~de~ or by ~irtue of this MwtgaQs, and the full anaunt of ex~ snd avery such psyment shall be immediately due and payable artd shall besr inte~est t~om the date thercof unti! paid at tfie ~ate of stx and 31x-tEntFts per te~t ptr arntum and togethcr ,with wth i~fe?esf sF~all bw sacured by ti+s lie~ of this matgage. ~ 4. To permit, tommit or wffe~ no waste, impai~meM or deterioration of said properfy or any part the~eof. 5. It is hereby specifiwlly agreed tF+at any wm o? wms which may be loaned w advanced by the Matgagee to the Ma~gagor at sny ~ time after the retording of this i~+denture, together with interest thereon at the rate ag~eed upon at the time of wth loan o~ advance, shall be equally secured with and have the same priaiy ~s the original indebtedness, arxi be wbject to all the temu and provlsions of thk mortgage: _ Provided, that the aggregate an~t of printipal outstanding at any tirt?e shall not exceed an arrw~u?t oqwl to o~e Fwndnd and Hfty per tent (1509b) of the principal amount originally setured hereby. 6. To pay all and singular the costs, charges and expenses. incfuding s reaso~abte attomey's fee and costs of abstract of title in- ~ curred w paid at any time by said MORTG/1GEE becausa or in ths evont of the failure on the pa~t of the said MORTGAGOR to duly, promptly and fully perform, diuharge. execute, effect, complete, oomply with snd abide by each and rvery the stipulations, agrESYnents, conditions £ and covenants of said promissory note a~d this mortgage any or either. and said costs, charges and expenses, each and every. shall be immediately dus and payable; whether or not there be notice. deewr+d. attempt to collect or suit pending; and the full amount of eath and every such payment shall beu interest from the date thcreof until paid at the rate of six and slx-tenths per centum per annum; and all said costs, charges and expenses so incurred or paid. togethe? with wch interest, shall be secured by the lien of thls mortgage. 7. That (a) i~ the event of any breach of this Mortgage or default on the part of the MORTG/1GOR, w(b) In the avent any of saW sums of money herein refened to be not promptly and iully psid within thirty (30) days next sfter the sams seve~aly become due and payabk, ; w~thout demand or notiu. or (cJ in the event eath and ewry the stipulatiens. argeements. conditions and oovenants of sald promtssory note ~ and this mortgage any or either are not duly. Promptly and fully performed, discha~ged, executed, effected. compkted complled with and ~ abided by. then in either w any s~xh event, the saW aggregste wm mentioned in said promissory note then remsining unpsld. with interest accrued. and all moneys secured hereby, shall becoR~e due and paysble forthwith. or thereatter. at the option of saia irit'3it~iaJ~t;'e't. as iuiiy and completely u if all of the said wms of money were ortginally stipulstad to ba paid on wch day. anything i~ said womiswry note or in ~ this Mortgage to the contrary not withstanding; and thereupon or thereafter at tF+e option of said MORTGAGEE. without ratice or dernand. s, at !ew c+? in tx~lty~ A't3y ~(~!~€C~!tne~ ac ~f ap m~n~~ s~r~l F~ereby hsd rv:atured prior to its i~stitution. 8. That in the event that at the beginning of or at soy time pending any wit upon this Matgage. or to forecloss it, or to reform ~ it, or to enforce payment of aMr claims he?e~u~der. said MORTG/1GEE shall apply w the Court hsving jurisdiction thereof for the sppointment of a Receiver, wch Court shall forthwith appoint a Receiver, of said mortgaged property all snd singula~. including all and singular the income, profits, issu~s and revenues from whatever sourte derived, eath and every of whith. it being exp~euly understood. is hereby mort- gaged as if specifiwlly set forth and described in the granting and habendwn clauses hereof. and such Receiver shall have all tM broad and etfective functior?s and powe?s in anywise entrusted by a Court to a Receiver. and wch appointme~t shall be rtwde by wch Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference b the adequacy or inadequacy of the value of the prope?ty mortgaged or to the solvency or insolvency of said MORTGAGOR or the defendants, and that wch rents. proNts. inoorr~es, iswes ~ and revenues shall be applied by uxh Receiver acco?ding to the lien or equity of ssid MORTGAGEE ard the practice of such Court. 9. To ~ly. promptly and fully perform, discharge. execute, effect, tortiplete comply with and abide by each and every the sHpu- lations, agreements, tonditions and covenants in said promissory note and io this mortaaQe set forth. ~ 10. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its wocessors and assigr?s, msy, without notice to the MORTC/1GOR, deal with wch wocessor or sutcessors in interest with reference to this mortgage and the debt hereby sewred in the same manner as with Mortgagor witFwut in any way vitiattng or distharging the Mortgsgor's lisbilify hereunder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no fore- bearance an the part of the MORTGAGEE or its wocessors or assigns and no exteruion of the time for the psyment of the debt hereby secured given by the MORTG/~GEE or its wccessors or assigns. shall opente to release, discharge. modify. change or effect the original Ilsbility of the MORTGAGOR herein. eithe~ 1n whols or in part. 11. It is spcciHally agrced th.it time Is of the essence of this oontract and that no wsiver or any obligation hereunder or of ths ebtigation securod hereby shsll st sny tims thereaher be heW to bs a waiver of the temns hereof or of the instrument sctured hereby. IN WITNESS WHEREOF. the said MORTG/1GOR hss hereunto set his hand and seal the day snd year first aforessid Si~ned. Sealed and delivered in presence of: i l . / ~ ; [/,J / ~ . { _ ' - _ - - S.. i'n~!t[.Cf1~ ~S~1V : c . I ~ i ---------------------------.(SE/?U S ~ - - ! ST FLORID/1 ~ ~ counirir oF Indian River } ~,.iy _ HELEN C. KASN.~E ~ a sin~le~erson ~~,a hDC]i~i to m. we~~ kno~n,, sna knovrn to me to bs the Individu.ls describsa in and wFq sxewted the fore`oinQ instrument. snd atknovvbd~ed betore me thst they exeCUted the same for tbe purposes therein enp~d. • . , ~ ~ -----d•r ~-------Ma _ o. ~9_66 - wm~`:~?.~,l~u«t-,je~a ox~.~ ~.i . ~,q;-~•., tp,r - a = : O ; C.'- • . Notary ic =.n snd ior tM Sbte F a La "t °1 M r~s: - .~~.7 ~alk r e~+ : _ ~ ~L - - . . A ~ ~ ~ _ . _ _ , . , ; ' _ f: . ~ W ~';,`''o~ . ~ r ~ ~co~ 0 6 -~7-G ~ • _ w _ z < Z FILED AND RECORDED {i) A 1 ~ A ~ o ST. LUCIE COUNTY. F " ~ = a M v 0 RECOR~ VE FIEDLA~ ~ m O ~ - ~ ~i ~ ~4 M ~ ~ w ` ~ ~ ~A V1 Iq ~ ~ ~ ~ ~ ~ ~ a o6 ~It~~a 1 PM 4 : pg ~ ~ ~ w ° ~ ~ 145915 H ~ ~ ~ # z ~ p~ ::r, ~-~it~~s o ~ q C~ERK CIRCUlT COURT ~ m < ~ ~ o~ - ~ ~ ~ o~ 47 . 4G9 _ ~ _ a~ ~ = ~,~r . - d-