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Home My WebLink About1107 ~ f ~ • , . ~ p~ M ~ poijq or policies said MORTCJIGEE shall havs ths c+pNon to naiw and ~pp1y tn~ :ams o~ ~ccount ot the indebtedness sea+nd Mrobv permit saW MORTGAGORS fo reoeive s~d uss it or any patt th~nof for otF~ Pu~poses without thenby waiviry{ or impsirint e4~h?. ~ lien or ri t under or by virtw of this Morttai~s; ~nd in th~ ~vent ssid MORTGAGORS shail fo? any rosson fsll to keep tM ssid premises 1 so inw . or hil to dsiivsr promptly sny of said policies of t~uuranos to ssid MORTG/?GEE. or hll promptly w psy fuily sny promiwn thenfor, ~ f1f or in s~y ~espect hil to psrfom~. dlschuge. execute. effect. carr~let~. tomplY wiN+ and abide by this caven~nt~ w snv P+~ ~~f• ~+b MORT GAGEE m~y piste snd pay for such inw~sr~ce oru+y put theroof wtthout waiving o? affetting any option. Ilen. aQulb. a?isht ~x?d~r a by vi?tue of thls Mort~a~t. and the full smount of e~ch s~d evtry wch psyment sF+sll bs irtwnediately dus s~d psyable and shall besr tnterest from the dste thereof until psid st ths nte of tenths,pe? ce~t psr snnum and toQether with such interest shall be secured bY tha ; lien of this n~ortgs~e. seven a~I~IC We11L~1•I1V6 ~ ~ 4. To permit. oommit w wffer no wssM, impat~ment or deterioration of said property or sny puf theroof. ~ 5. it is hereby spccifiplly agroed that any sum or wms whith may be loaned or sdvanced by the Mortga~ee to the MortQa~or at any ; time after the rscording of this indenture. together with interest theroon at the ~ate sgreed ~ at the tima of wch loan or advance. sha~~ be eqwlly sewred with snd F~vs the ssms prlo?ity u the oN~insl indsbtedneu. and be wbject to sll the~erms and provisions of this mortgage: Provldsd. th~t the aggregste amamt of principal outstanding st sny time shail not exceed an an+o~x~t eqwl to one hundred and Hfty per cent (1509b) of the prt~cipsl amount originally secured hereby. 6. To pay all and singular the costs, charges and expenses. including a rwsonable atto~ney's fee and oosts of sbstntt of titk in- currcd or paid at any Hme by said MORTGAGEE because o? in the evont of the f~ilum on the part of the said MORTGAGOR to duh? PromPth? and fu11Y perfortn. dischargo, exccute. effect. compkte. comply with s~d abide by oad~ and avery ths stipulations, s~{reements. oonditions and covenants of said promissory note and this mortgage sny or either, and ssid costs. charges snd exPenses. eath +nd ewry. sF?all be immediately due and payable; whether or not therc be notice. denwnd. t~ ~+II snwunt of each and every suth Wyment shall bear intercst from the date theroof ~NI paid at rate o ths per oentum per srxwrn: and all ssid costs, charges and expenses so incurred or paid, together with wd~ inte~est. shall be secun!d by the lien of this mort~s~e. 7. That (a) 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 ~aid sums of money herein refe~red to be not promptly and tully paW within thirty (30) days next sfter the same severally becoo~e due and payable. without demand or notice. or (c) in the event each and every the stipulations. argeements. canditio~s and oovenants of said promissory•~ote and this mortgage any or eithe~ are not duly, promptly and fuily performed, discharged. executed. effected. completed complied with and abided by, then in either or any such event. the said aggregate sum mentioned in said promissory note then remaining unpaid. with interest accrued. and all moneys secured hereby, shall become due and paYabie forthwith. or thereafter, at the option of said MORTGNGEE. as fully and completely as if all of the said wms of mor~ey were originally stipulated w be paid on wch day. anything in said promissory r+ote or in this Mortgage to the cantrary not withstanding; and thereupon or thereaher at the option of said MORTGAGEE, without notice or denwnd. suit at law or in equity, may be prosecuted as if all nwnies setured hereby had matured prior to its insHfution. 8. That in the event thst at the beginning of or at any time pending any suit upon this Mortgsge, or to foreclose it. or to reform it, or w enforoe payment of any claims hereurxfer. said MORTGAGEE shall apply to the Court having juri~ttion thercof for the appointment of a Receiver, such Court shall forthwith appoint a Receive~. of said mortgaged property all and singular. including all and singular the income, profits. issues and revenues from whatever source derived, each and every of which, it being expressly understood. is hereby mort- gaged as if specifiwlly set forth and described in the granting and habendum clauses hereof. and wch Receiver shall have all the broad and effective functions arxl powers in anywise entrusted by a Court to a Receiver. and wch appointment shall be made by wch Court as an admitted equity and a matte~ of absolute right to said MORTGAGEE, and without reference to the sdequacy or inadeqwcy of the value of the property mortgaged or to the sofvency or insolve~cy of said MORTGAGOR or the defer~dants. and that such rents. profits, incanes. issue~ and revenues shall be applied by stxh Reteiver according to the lien or equity of said MORTGAGEE and the prattice of stxh Court. 9. To duly~ promptly and tutly perform, discharge. execute. eHecc. complete comply with and abide by each and every the stipu- lations, agreements. condltions and covenants in said promissay note and in this mortgage 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 wccessors and assigns, may, without notice to the MORTGAGOR, deal with such successor or wccessors in interest with referente to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating or discharging the Mortgsgor's Itability hera~u~der or upon the debt hereby secured. No sale of the premises hereby mortgaged and no fore- bearanca on the part of the MORTWGEE or its wocessors or assi~ns and no extension of the time for the payment~f the debt hereby secured given by the MORTGAGEE or its successors or assigr?s. shall opente to release. distharge, modify, thange or eff~tt the originsl liabiliy of the MORTGAGOR herein. either in whole or in part. 11. It is specifically agreed that time is of the essence of this contract and that no waiver or any obligation hereunder or of the obligation secured hereby shall at amr time thereaher be held to be a waiv~e~ of the temns hereof or of the instrument secured hereby. IN WITNESS WHEREOF. the said MORTG/1GOR has herountu set his hand and seal the day and yesr fi~st aforesaid k Signed, Sealed snd delivered in presente of: ~ ~ I~ fI ` a " ~S~U ` - _l~~ . _ . ' ~ ~ f ~ _ ~Itt'~ ~~.t~r.~t~ (SEI?U ' STATE OF FLORID/1 ~ ~ S5. counmr oF_ ~dian River ~ _ e~r~ ~ ~~b ~ARL B,~_H_RI STENSEN a~,a ' a -11t~AB~L~~i~~ENSEN- - - ws ~ ~ ~u ~a ~ ~ ~ ~ ~,d~~~ a~~~a and who exewted the foregoina instnunent. and ackrwwledQed before me that they executed the same for the purposes therein expressed. ~ ~ rn- - dsy °f---- -----XQYe~~ - /1. D. 19_~?$ . ' WITNES$;:~r!y: hand and officisl sesl this--------`-~ ~~Sl:~i111t?~~~~ ~ ' . ~ ' _=_v""' ; S 1~ _ ir~ ~~~.I -L~~ _ ' ~ • ~ Notsry Public inLL and~or ths S of F~ st Large. ~ ~ :C~cstary Sea~ M,? ~%a_ o • ~y~ _ ; ~ i=- a u~ , : ; - FILED AND RECOROED~ ~d' f;.,. . •,v - v~ o ST. LUCIE COUNTY. FLA. R~ ~ ,r,,,:.. . C7.~ ~ RECORO VERIFIEO p ~ ~~,:r~ Z Q Z 1'7~055 A 3 ,t A ' . : ~==~~0 z ~ pG ; a N W o 68 N~OV t 2 PM . 4 0 E~ o ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~~m ~ o a z ~ a~ER r01TRAS V1 ~ ~ ~ -E"- ;_i W-a o' V' CLERK CIRCUIT COURT~ ~ ~ t,,,~ ` c Q ~ ~ _ QQ~ ~ H~m ~ - ~ aa h+~l ' ~ ~ ~ o ~ /f ~ 8fl~~7~ ~~~.0~ ~ } - ~ ~ ~ ~ ~