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Home My WebLink About0870 ti. ~ ~ .y . 1 p„Ilcy or policios said MORTC/1GEE shsll have ths aption to ~eaiw and apply tns s~ms a+ saa~nt of tht indobtednass secund Ia~ebv or r° permit said MORTG/1GORS to ?eceive and uso it or smr put the+eof for other pu?po~ without theroby watvin~ or impsi~ any equib. lien or right under a bY virh+~ of this Mortgage: and in th~ event s~id MORTG/1GORS shsll for any rosson hil to kaep ths said Pren+ises so inwred. or fsii w deliver promptly any of ssW polides of tnwanos to ssid MORTWGEE, or b{I pranptly to pay fully any pramium therefo?. , or 1n sny respcct hil to pe?fom+. discharge. exewte. effect. tompleis, ton+plY with and abide by thls cover+ant. vr sny W?t hereoi. ssid MORT GAGEE may place snd pay for wch inwnnce a sny Wrt theroof without waiving or affetti~s any option. lien~ equib~ or right ~x~der or b~t j virtue of this Mortga . snd ths full amau+t of e~d~ and avery wcF+ P+Yme.~t shatl be immedlately due snd payabb ~nd shall ba~ar interest wc+ from the date thereo~until paid st ths nte of six and six-te~ths psr cent per snnum and toQether with wth interost shall be socurad by tht lien of this mortgage. ~ To permlt, canmit o~ wffar na wait$. i~airrt~ar+t ar ~teriaratian of sai~ p~srty o? any part thereof. _ 5. It is hereby specifiwlly agreed that any sum or sums which may be loaned or adva^ced by the M°rtgagee t° th° M°rtga~ at any time afte? the retording of this indenture, together with interost thereon at the race agreed upon at the time of such laan w sdva?~ce. sha~~ be equally secured with and have the samo prioriy as ths origi~al indebtedness. and be subject to aU the temu and provisions of this mortgage: Provided, fhat the aggregaM amax~t of printipal outst~ndin` ~t sny time sF+all not exceed sn amount equsl to one Mmdred and Nfly per cent (15096) of the p~ir+cipal amount wiginally secu~od heroby. 6. To psy all and singular tM coats, tharges and expenses intluding a reasorwbk a~~~y 's fee and oosts of abstrect of Htk M- curred or paid at sny time by said MORTGAGEE batauss or in ths avont of the failure on thepa rt of the said MORTGJICAR to duly. p~anptly and fully perform. discharge. execute. effect. compkte, comply with and abide by esch and every ths sHp+latians. agroernents. ca~ditions and cove~ants of ssid promissory note and this mortgage ~ny or elther. snd said ccats. cha~ges and expenses. esch and every. shail bs immediately due and payable; whethe~ or not thero be notice. demand. sttempt to coliect or wit pending: and the full amamt of exh and . every such paymant shail bear interest han ths dste thereof until psid at the rate of six and six-tenths per centum per a~vwm: and all ssid ~ costs. cF?a~ges and expenses so inturred or paid. together with suth interest. shall be securod by ths lien of this mort~sge. ; 7, That in the eve~t of any brosch of this Mortgage or default on the part of the MORTGAGOR. or (b) in the event any of saW ! wms of rr~oney herein referrsd to be rwt promptly and tully psW within thirty (30) days next after the sams sevenly becane due and paysbb. ~ without demand or notice, or (c) in the event esch and every the stipulations„ a?goements. co~diHons and cavansnts of saW promissory note and this mortgage any or either s?e not duy. PromPtly snd fully perforrned. discharged, exewted. effected. oariPkted ~on'~plied with ad abided by. then in eithe? or sny wd~ event. the said sgg~ste wm mentioned in said promissory note then rsmaining u~std. with I~M?est : eccrued, and al!ma~e~ys secured he?eby, shall beoane due snd paysbie torthwith. or the~ftef. at the aption of satd MORTWGEE. as fu1M ; and completely as if all of the said wms of ma~ay wene ori~inally stipulated to be paid on wch daY. uM~~+B in ssid pomissory ~a ~r ~n this Mortga~e to the contrary not withstanding; snd thereupon or thereafte* at the option of said MORTG/1GEE. wittaut ratke or derwrKl. suit at law w 1n equity. rwy be Preaecuted es if all monies sewrod hereby hsd mstu?ed P?ior to ifs institution. 8. That in tha eve~t that at the begiming of or st sny time pending any wit upon this Mortgsae. or te forocloss it. or to roform it, or to enforce payment of amr tlaims hereunder, saW MORTGNGEE shall sp'ly b ths Court having jurisdiction tMraof fo? the appointrr~ent of s Receiver. wch Court shall forthwith sppoint a Receiver~ of said mortgaged property all snd singular, inciudin~ sll a~d singular the incxne, profits. issues and revenues from whatever source derived, each and eve~y of which, it being expreuly undentood. ~s herebY mort. gaBed as if specificaly set forth and descnbed in the granting and habendum clsuses hereof. and such Reoetver sF~sll have sll the broad snd effectiva functions and powers in anywise enfnnted by a Court to s Reoeiver. and such sppointment sF+all be made by wch Court u an admitted equity and a matter of absolute right to said MORTG/?GEE. and without referor~ce to the adoquacy or inadequacY of the value of the P~~?h~ ~6a8~ or to the solvency w iruotvency of said MORTGACOR w the defendsnts. and that wch rents. Profits. tnoornes, ~ssues S and revenuos shail be spptied by such Reoeiver according to the lien or equity of said MORTG/1GEE and the pnctioe of wch Court. 9. To duly. Prar~Ptly and fulh Derform. discharge. exewte. effect. oon+P~~~ ~r+Ph? with and abide by esch a~d every the sHPu- ~ lations. agreerr~ents. conditions and covensnts in said prornissory noM and i~ this mort~s~e sst fort~?. ~ 10. That in the event the ownership of the mortgaged premises. or anjr part thereof, becomes vested in s pe~on other than the MORTC/1GOR. the MORTGAGEE. its wcoessors and assig~s. rnay. without notioe to the MORTGAGOR. deal with wch wocessor or suocessors ! in interest with reference to this mortgsge and the debt hereby secured i~ the same manner u with Mortgagor without in sny way vitiatin~ ~ or dlstharging the Mortga~ot's liability here~x~der or upon the dabt hereby securcd No sab of the premises hsreby martBaBed sr?d no iore- bea~anoe on the part of the MORTGAGEE or its ux~ssors o? sssi~ns and no extension of the Nme fo? the payrnent of the debt he~eby socured given by the MORTGAGEE or its succsssors or assiBns. shall opente to rele~se. discharge. modify. d~ange or effec~ the original liabiliy of the MORTGAGOR herein. either ln whob or in pa?t. 11. It is specifically agreed that Hme is ot the essenoe of this oontrsct and th~t no wafver or any obligation F~ereunds~ or of tM abligation soourod hereby shall at any time thereafter be heW to be a waiver of the tem~s hereof or of the instnunent setured hereby. IN WITNESS WHEREOF. ths said MORTGAGOR has Mreunro set his hand ~nd ssal the day snd yesr first aforessid Si~ned, Sealed and deliverod in presence of: ~ ' _ !.t-~-.~-: . t e-.~ , ' ~ '~I . • C~i "~---L` l-~` ~~sEwu ~ - - - ! - ~ ~ - - ~ srw~ oF ~ . ~ . St. Lucie ~ ~ ~ ~ M ~ ~ ~ courmr oF ~ ~~i~, CLARENCE W. ANDERSON ,~,d t LENA M.. ANDERSQN~--- h[s wife. to n~. w.n kno~,. a~,a k~wwe, to ms to b. the in~vWuals d~aibea m ~ and who eneait~d the forssoins instnxna~t, snd sck~wwbd~~d b~fort me that tMy exea~ted the ssme for the purposes therein ~pross~d. , ~ ~ wm~as~a~w ~aa a~d ~i s..i ~n-_~ _~d~,? ~..-~tember w. ~9__66. ~:.:t_ a.9` ;,;,,;uuu„ ' ~ - j'~i ~'•'~;~i,, ;:^?'RY PJ9' r r n~ ~ NOt~ry ~IIC in ind ~O? Sritf Of f~Ofldi it V?~. = ~,~j 'J „ . . , . . , ~ f F_. r1a ,t lae ;E t~A aonr+nf~ion ~ins: a. - a s - [o~} ' , l."i GO'NY,ISSt;~': Ex?~~ES FEB. ~5. 1959 y • t ~ L;:t1: GD THHOU~.i F.iED lr. DIl3TtLf{ORSt ~ . - • ~ ~ Q~••~~ _ ~ • ~ ~ ~ - J' . ~ • ' ' ~ • ~ ~ ~ . ..~•~~1: _ ~/I z. ~ 4r' .:.-•a t`,: _ ~ o ~ ~ _ ~ ~ FILEO A~1D RECORDED _ _ Z Q = _ ST. LUC1E COUNTY. FLA. ! ` `r r.n ;r~R~FlED ~ A 4 A _ 1' ~ ~ v Z ~ ~,i 04 - a » °e M ~X~JCl~L , M W 9 P?.~ I Z ~ ~ p~ ~ o a = ~ 66 ~ 148280 ~ ~ ~ ~ ~ . _ w~~ ~ ~ _ ~ ~ A o~ ~ CLERK Ci~2CUl ~ ~OURT E~ 0 * - Q ~ m ~ - ~ ~ ~ 0 ~ go~K~5 ~70 . . ~ ,v:~ ~ _ ~ - ~_j - A~a: