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HomeMy WebLinkAbout0081 , . 'y' ; . . . v ~ i • PakY or polid~ sNd MORTGAGEE st+sll h~w th~ aption to ho~ivr and spply tne sin~e on aooant ot th~ ud~btrdrwss s~cwrd Mrrbv w to permit s~id MORTCI1~iORS to naiw and u» it or any put tl»nof for oth~?Q without thenby vwivir~ or ImpN?in~ s~rf? ~quib~ lien or d t und~r or b~r virtu~ of ti+is Mortpp; s~d in tM ~v~nt ssW MORTGJ~~RS sFrll fo. sn~r ns~on hil to kNp th~ ssid pnmis~s so insu~a fail M d~livr? promptly any of s~id polkia of i~su~ar~ to ssW MORTGA or fatl prompty to pay ~ullyan~ pn~N~um tFrnfa. or in an~? ~pat fdl to pufo~m, disd»?p. ~fbtt. oompl~t~. canplY with and ~ by tMs oo~~tnt. or anf? Wrt F+~~wf. ssid MORT GI?GEE m.~? plaos +nd wr io. wd+ Mwnno. o. anr p,K tM~.of wtthan wsivi~ o. aH~sn~r aptio~. ~t«~. equ+tr. o. ~i~ht un~ « b~r vl?tus of tNs ~ a~d th~ iull smount of e~ch and~w~? wd~ paynwnt sMll b~ i ahr dw and payabN and shslt bs~~ fntKest from fh~ dste until psid st ths 8b_x]niiCsnd ~ths per ta?f pK anrwan snd to~etl+t? with wth i~t~nst sF+all b~ secund by th~ lia+~ of M~ls mo~t~,a~e, evc 4. To penn~t, oam,~t or wHer no wsste. impainne~t or dner~oranon of ssW propetiy or ar+y a~ th~.of. S. It is heroby specifiully a~ned thst sr?y swr? or wrns which msy b~ Iwned w sdvantsd b~? the Matas~ea to tM Mort~~or at sny tinw sha the rooorclin~ of Mis u~denturo. to~tther with intemst theroon at the ate a~rosd upor~ st the tims of wd~ loan or sdvanc~. sh~li be eqwly s~cursd with snd hsw tt?e same priority u tM ori~itil indebt~dneu. snd be wbject to all ths ts~ms and provisians of this mo~tW~s: Provided, that ths a~re~ate anwunt of printipsl outstandin~ st sny time shall not axoeed an an?ount eqwl to one Ixindred snd Hfty ps? Cent (150~) of the printipsl amount origir~lly securod hereby. 6. To pay all snd si~ular the oosts. ch~rges and axpenses. inclufiie~ a rossonsbk atto~ney's tee and ooats of abshsct of titk in- curnd or paW stu~y time by ssid MORTGNGEE because o? in tFr event of the hiluro on tF+sps et of the said MORTCJ100R to duly. P?~P~b and ful~Y Perfomn. d~sd+a?ge. exoa~te. eHect. comP~~. ~++Pb with snd abide by ~ach and ewry tht sHpubHans. a~roema+ts. cond'tions and cwenants of said pranissory note snd this mortgage any or elther. snd ssM oosts. cha and e~+s~s. esth and ewry. shall bs ~~„~?~od~e~y d„e ~ wy~~e; whether w ~ot there bs notice. dsa~and, attempt ggq~t or n`; and the full sma~nt of esch and every wch payment sh~il bear interest fran the date thsr~aof until psid at the rate of ]ptand -teeths per osntum psr smum; and sll saW costs. th~ry~es snd expenses so incuned w paid. together with wch interost. shall be secured by ths lien of Nds mortpp. 7. That W in ths evsnt of sny brosch of this Mortga~ or dehuh on the part of the MORTGAGOR. or (b) ie ths ~ver+t sny of saW sums of monsy herein rofer?ed to be not pron+ptl~? snd fulty paid wiHdn thirty (30) dsys next aher the same seveally b~owne dw and payabk. without demand or notice, or (cJ in the event each and every the stipubtions. argeemet~ts. tonditions and oover~ants of saW pramissory noM and this mortgage amr or eitt~e? arc not duy. PromPtly a~d fully Perfo~med. distharged. exetuted. Offetted. tomPkted cariplled with snd abided by. tF~en in either or ~ny wch event. ths said aggngsts s~m mentioned in said promissay note thm ?emsWn~ w+paid. with interost accrued. srd all ~ secured hereby. shall betoma due snd payabie forthwith. or thereafter. at the option of ssid MORTGJtiGEE~ u fully and oompktely u if a I of the said s~rns of ma~ay were o?iginaly sNpubted to be paid on wch daY. snythi~ in said promissory note or in this Mo?tgage to the contrary not withstsnd'ing; and theroupon or thereafter at the opHon of said MORTG/1GEE. without rattce or de~nand, suit at law or in equiry. may be proaecuted as if all monies securcd hareby h~d maturod prior to its institutio~. 8. That in the event that at the bsginning of or st any time pending any suit upon this Mortga~e. or to foreclose it, or to refomn it, or to enforae payrr?ent of any tlaims hereunder. said MORTG/1GEE shall spply to the Court having ju~isdlction thereof for the sppointmcr?t of a Reteiver~ wch Court shail forthwith appoint a Receiver, of said mortgaged property all and singular~ incl~n~ sll and singula~ the income. profits, iswes and rrvenues from whatrver source derived. each and every of whith. it being exprenly ix~derstood. is hereby mort. gaged u if specificalfy set forth and described in the g~anNng and habendum clauses hercof. and wch Receiver shall have all the broad a~d effective functioru and powers in anywise entrusted by a Court w a Receiver, and such sppointment shall be made by wch Court as an admitted equity and a matte? of absolute right to said MORTGJIGEE, and without reference ro the adequacy or inadeqwcy of tha value of the property mortgaged or to the solvency w insolvency of said MORTG/1GOR or the defendants. and that wch rants. profits, inoomes, iswea and revenues shaii be applied by wth Rxeiver aocording to the lien or equiy of said MORTGAGEE and the pnttite of such Court. 9. To duly. Promptly and fuily perform. dixharge, exetute. effett. oomplete oon~ply with and abide by each and every the stipu- ~ latioru, agreements. torxlitiais and oovenants in safd pranissory note snd in this nwrt(~aQe set forfh. ~ 10. That in the event the ownersF~ip of the morigaged premises, or any part thereof. becomes vested in a penon other than the ; MORTGAGOR, the MORTCIIGEE, its wooessors and assigns. may. without notice to the MORTGAGOR. deal with such wocesso? or wccessoa ~ in interest with ~eference to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitistiry~ or dischsrpag the Mort~s~or's Uability heras~der or upon the dabt hereby secured. No sab of the premises hereby rnortgaged and no fore- bearance on the part of the MORTG/1GEE or its wooessors or assig~ snd no extension of the time for the payment of the debt hereby secured givee by the MORTGACEE or its wccessors or sssigris, shall opente to release. disthsrge. rt~Odify. chsnge or effect the original liability of the MORTG/1CAR harein. eiti~ in whole or tn part. 11. It is specificslly agresd that time is of the esxa~ce of this oonmct snd that no wsiver or any obltgatian hereun~er or of the obligatian securod heroby shall st any time thereafter be heW to be s waiver of the temis he~eof or of ths instnanent sewred hereby. IN WITNESS WHEREOF. the ssid MORTGAGOR has he?eunto set his hand and seal the day and y~eir fifst aforessid Sitned. Sealed snd deliwnd in preseno~ of: I ~ O~ ~ , k - - - L'- ~'~~~!'~1_ . - (SEAU ~ - - - _ - - (SEAU ~ STATE OF FWRID/? SS. courvrir oF_I~s~an River__ e.~.. p.~o~.iy ~..~.e --_~~EQDORE~j._~o~~,.: : ~a_ single_person---------------- f CI~.~.. to m. weu known. sr?d know~, to me to be ths Inatvidu.ls dauib.a in ` and who sx~a+ted tM forKoir~ tnun+n+snt. sn~,adcswwl~dsed b~fore ms that tF~ey e~cccuted the ssme for the purposas tl+srein a~rcst~d. WITNESS m~r Fw~ snd offklal sal tNs-----~~.- --daY of------~------ D. 19_~ . ~ . - . ~~/S/~ t a d~s! : ` • Nobry Public in snd 15or th~ Stat~ of Fbrid~ at Larp. ; . (Notary, Seal) ti+'? °°~aa^ = W ` ~ , !!OTA~Y ~OBUC. tTATE OF F±C^:7A AT LA^'~ ~j AAY COAAMISSION EXPIRES MAF 93. 1971 ~ ~ rT, . ~Oi~f~ 7MROYQf1 FR[D 1r. DIt~TELMORl~ ~ ~ ^ - y o FILEO AND RECORDED ~ V... a ~ w ,k Z` Z ST. LUCI E C O U N T Y. ~ L. A• , S ~ . r r ^1~~~~'~ ~ atl ~ , A ~o~ a ~ ~ Q » o . ~ . W ~ ~ 68 AUG ~ PN 3. 23 ~ ~Z ~ a~n~~ ~ _ ~ o ~ a : .>un f:.s ~ ~ : ~ ~ U ~;c~~;_ ~ ~ ~ . Q A~ M CLERK C1RCUtT COURT o ~ ~ - a~ ~ 5~i ~?1 ~ r L t~ t-~ i u A~ p ~ ~ ~;~rat~~N rax ~ a ~ CK1CtN~Et+lTA..~„ 0 ~ - ~`x . ~ wG-a~6e l~:;~=' ~ ~1~ ~ ~ ~ ~ _ 4 5 0~ ~ ~ V~ c`~-ac~tea " - uR ,~,,,.j ~ _ ~