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Home My WebLink About0729 . i ~ _ ~ ti ~ ,.f ~ 1~. ' Pak1? c? Policies said MIORTGAGEE sh~ll have th~ option to roalw ud ~DPh~ ttw s~ns on socount of, ths indsbtsdness secund Mr~bv o? m pemnit said MORTW100R5 to ?eofiw and usa it or a~y pWt th~rocf for otMr puq withcut the~'~b'Y vriivin~ or impsi~i^r +~Y ~H~ lien or ~iaht under or by virtus of this Mort~e: a~d in ths ewnt s~W MORTGJUt~ sh~ll for any ns:o~+ hil to k~ep tM s~id p~wolsa so inwrod., or fsil to delivK promptly sny of sald polkies of inw?anos to s~id MORTWGEE. or hil promptly to p~y fullyany 'rwnium thenfo?~ o? in any respect fail b psriorm. disd~args. sxsans. effect~ oo+~pl~ta comply with and abide bY this ao~re'nant. or +nf? Wrt hsrwf~ said MORT WGEE may ptaos and psy for wch inwrsnos or any psrt tF~eof wiMout waiving or affectint anyop tion. (ten. equllY. w?iQht urdK a b1t ~irtue of tNs Mort~a~e. and 8~ full srnount of eich andw~s~y wch payment shatl bs inwnedi~teiy dus and psyabk and sh~ll bw~ i~terost • from the date theroof unHl paid st ths ate of six snd iGYta~ths psr cent per amwn and to~ether with wch Intanst shall bs sewnd by tM lien of tFas mort~sN. ]l~Ile 4. To pem~if~ corrunit or wffer no waste. impsirm~?t or dete?iwation of said property or any pa~t the~eof• 5. It is heroby specifiplly agreed that amr wm or wms vahk~+ n++y be losn~d a adva^udby ths Mo~ti~~ee t° th° M~t~a~ at a~ t~me after the rooording of thk inde~rierc. together with inteoest tt+e~eon st tF?e rate agroed upon at the time of wch losn o? ~dv~nse. shsll be eqwlly secured with snd have the same PriorllY ss the originai tndebtedness. and be wbject to all tF?e tem~s aod pravWo~s of thh mortga~ Provided. that the aggregate amamt of principal outsM~din~ at any ttme ah~ll not exceed s~ ~n+o~r+t eqw) to one hundred and flfty per oart (150~i) of the pr(ncipal snwunt aiginaliy securod heraby. 6. To pay sll and singuisr the costs. d~s~ges snd expensa, includiryt a reamnable attorney's fes and aosn of abshsct of Mtb in- curred or paid at~y tim~e by said MORT(',AC,EE because or in ths ~vent of the failu~s on tha part of tM ssid MORTGACAR to duly. prornpty and fully pe~form. discharge, exetute. effect. oomplste. oomP~Y wiM and abids by each and avery ths stlpulations. at~wrt~ants. aa~ditions a~d covensnts of ssid promissory note snd tl~is mortB~ie +~Y or either snd sald aosts. d+~?Qes and expmaes. sad+ a~d awry. shsll be immediately dus and payable; whether or not thero be ~atics, demsn~. attempt to tollett or w . snd tF?s full amount of esth ard every wch payment shall bea~ interast froin ths dste theroof until paid at the ?ate of six and7EDE~per oentwn per ~mum: snd all said costs. charges ~nd expenses so incurred or psid. toQethx with wch interest. shall bs secured by ths iten of tF+is mortpQs. 7. Thst in the event of any breach of this Mortgate or dehult on the pa~t of the MORTG/1GOR, or (b) in ths eve~+t u~y of said wrm of money hemin roferred to be not promptly and fuily psid within thirty (30) days next ske? ths ssme severally beoort~s dut and psyabl~. without demsnd or notioe. o? (cJ in ths event each arx! ewry the stipubtions. argse~r~ents. tat~ditiotis and oovenants of sald P~i~d vrith ~nd snd tNs mortasge snY or eitfier sro not duly. Prort+PdY and fulb P~r('amed. dischsrged. ezewted. eNecMd. aompkted oompl abided by, then in eitF~ or arry wth eva~t. the ssid aggro~{ate sum ~nentioned in saW pranis~ory hotf tf~en remsinin~ unpaid. with Inte?est accrued. snd allmor~ays sea?ed hereby. shall beooene dus snd payabie forthwith. or the~wftar. at ths option of sald MORTC,IUGEE. ss tullr and compktely as if all of the said wms of ma~ay were originally sNpulatad to bs paid on wth daY. a~Mhin~ in s~id pranissory raM or in rhis Mortasge to the oontnry not withstanding; snd theraupon or tl~esfter at the option of ssid MORTGJIGEE, without notios or demand. wit at law or in equity.~maY be prasecuted as if all monies sewrod her4by h+d m+hu'ed Prior to its i~titufiai. 8. Thst in tM event that at the bsginning of or at any time pand'i sny wit upor~ tFas Mort ge. a to foroclo~ it. or to nfonn it, or to enfaoe psyment ofany claims herainder. ssid MORTGI~GEE shsll sp'~y w~e Court ha~t~ jurisdiction thsreof tor the aPPointn+ent of a Receive?. wch Court shsll forthwith sppoint s Reoeiva?. of ssid mortgaQed property all and singular. i~cludin~ all and singula~ tM income. proHts, iswes and revenues from whateve? source de~ived, each and avery of which. it being ~ly understood. is hereby mort gaged as if specifically set forth and described in the gnnting and habeodun clatues hereof~ and wd~ Raceiver shall hsvs ail ths brwd ud , effective fix~ctions and powers in snywise entrusted by a Court to s Reaiver. snd wch appointment shsll bs made by wd+ Court as sn admitted equity and a matter of abaolute ~igfit to said MORTGJIGEE, and without refererxe to the adequacy or inadcqus~r of the value of tM P~~~Y ~~B~ or to the solvency or insolvency of said MORTGAGOR or the defendants. and thst such ronts. Profits. ~noomes. iswea and reverwes shall be applied by wch Reoeiver sooordiog b ths lien or equiry of ssid MORTWGEE snd the pactioe of wd~ Caut. 9. To duly. Prort'iPtiy and fulh? P~~+. d~rge. e~oewte. effect. comPkts oo~'~P~Y with and abide by e~ad~ snd every the sNpu- latia~.s~ agreements„ caxxtio~s snd oove~snts In said P~Y note and in this mort~a~e set fo~rth 10. That in the event the ovrnership of ths mortgagal premises, or s~yr, part thereof. becomes vested in a person other tF~an ths MORTCJIGOR, the MORTC/1GEE. its wotessors and assigns, may. without notite to the MORTC/1GOR. deal with wch wooessor or wtoessors in interest with reference b this mortgage and the debt hereby sew~ed in the ssme manner u with Matgagor without in arry wsy vitlatir~ or disd~srg'u~ tt,s Mo~ors ~iaw~lty heroundx or upon N,s debr hsreby sea,red. No sale of the prcniises hereb~? rnortaased and no fore- beannoe on the part of the MORTCJICEE or its wcoess~s or sssi~ns and no extension of tM Nme for the pay~nent of the debt he~eby secured given by the MORTGI~CEE o? its wooessors or sssigr?s, shall operaM to rebase. ~stharge. rrwd'ify. than~e o? effect the aiginal lisbility of the MORTGIIGOR herein, eitMr in wlwk or in part. 11. It is specifially agreed that Nme is of th~ essenoe of this contnct snd that no waive? or sny obUgstion hareunder or of th~ oblia,ation ;ecw~d hsreby shall at sny tinne tFieresfhr be held to b~ s waiver of tht terms hereof or of the irstnxn~nt sea+red F~erebY• IN WITNESS WHEREOF. the saW MORTGACAR ha hs~to sst his hsnd and seal the dsy and yesr first aforesaid. Si~ned. Saabd snd dsliverod in prosa~ce of: , ~f/ • I - - .CSEAU , r~ ' _ _ . ~ ---(SEAU STATE OF FLiORIGA Indian River ~ courmr oF ~ ~ ~„~y WILLiAM CURTIS KING,IR• ~~a _ ; PATRICIA L. KING h~s ~ri~e. to m. wd~ known. and k„own to m. to b. th. ~ndwwu.Is a~suib.a M ' and who eueait~d tir fo~oin~ irutrurnent. and sckno~w{sd~d b~foro me th~t tFry exewted the ssre~e for tF~ pu~poWS ti~erein ~o~reswd ! ~ WITNE55 nry Fw+d snd offlcial swl tFas.T_~wd+Y of_ a11118I~/ D. 1967 . S ~ i : J~. . . ~ . . Notary Publk In and for th~ StaN of Ffaid~ at Lsrp. i ::~Ldt~l'~'~.~.1~) ~h? ooment~oe~ .x~t.~s: a~ _ / - ~4 ' _ „ ` -~:i' • -JY} . X ~tIi11111Ult;' • _ . : , s. _ j - ~E~~- _ ,'~a ~ • ~ , - ~ , u~~ r t•C! . ~ - . , ~ ~ : ~;.a ~ ~ ~ ~ ~ FILED AND RECORDED ~ . ~ ~^r;'~;~j = n : ~ ~ < ~ -5T. LUCIE COUNTY. FLA. ~ p ~ : -::~,1.~ ~ . ~ ~ RECORD VER~FiEb ~i ~ . , ~ - Ju~ ~ ~ . ~ ~ ~ ~y ~ 0 1 • ~ o : _ ~ i _.~~~~~0 ' A ~ i w ~ 4~~-=i ~ ~ 8 PN ~8 ~D • ~ ~ ~ ~n,~'II ~ 7 J~N I ~ ~ ~ ~W ~ ~ ~ , ~ ~ 151989 - ~ ~ 3o J n .`~1 K ~ i ,M I`~U ' a ^ ~ ` ROGER POtTRAS ~ ~ Rf i ~ f; o o~ ; ~ CLERK CtR C U{ T C O U R'~ ' ~ p~ (y ~olliuiu~u~~. ~M ~ ~ ~ - ~ ~ ~ r ~ln,no~ ~ ~ ~ C~ a«m •ts ' ~i' ' ' - ~ 00`~164 PAGE ,7 l.,1/ _ :<e.- _ - _ . , , _ _ _ - . _