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Home My WebLink About2254 s . ' j - j ` ' i , ? ~ ° Z t ooUcy or poUNes sstd MORTC/1GEE ah~ll hsw tF» cPtion to haiw and spply en~ sam~ on saount ot th~ IekNbt~drwss s~wnd Mhb~v w~n permit said MORTCAGORS to naiw and us~ it a any pa~t th~nof for otM+K without tMnbY waivin~ o? IroWiri~ anf? aquih?. lien w?i~ht w~d~~ ot by virtw of this Mortwp: snd in th~ ~+?ant s~id MORT~J~I~RS sh~ll fo? any n~son hil to kNp tM saM p?emises so inwr~d, a hil to delivK promptly sny of s~id polid~s of irwuano~ to s~W MORTGAGE o? hil prompty to pay fully~ pnn?ium tMnfor, w in any respett fdl to pKfonn. disd+~rN. o~awt~. effact~ oa++Pbt+. complY wtth srd ~ bI? tNs town~nt, or s~+Y Wrt hKeof. s~W MORT GAGEE miy pl~p and WY for such inwnna a snr part tMnof without vwivtn~ or ~ffsttin~ op Hon. Nen. eq~dh~~ or ~i~ht und~? or by virtus of tNs snd the full amow~t of aach sndewry wch PaYn?ent sl+all b~ inrr~sdiat~ dut snd paysbk snd shsll bW~ interest from ths d~b theno unNl psid at ths nb of s~c s~d ~iRter+ths Dsr cent p~ snnun~ and to~etMr wtth wch i~tarost shall b~ securad by the ~~a+ ~ ~ ~w~•. seven five 4. To p~m~it, oomn~it or wffer no waste. impiimMnt or dsteriontion of said propsrty or sny psrt d+enof• 5. it is heroby spetifically a`reed thst any wm o~ wms whith rr~sy be loaned or sdvancod b~? the Mo~s~ee w th~ MortWta at any time aftet ths reoordin` of this indee+turo, to~etF~er with interost theroon st ths ~ate aQreed upon at ths tims of wd~ losn or sdvancs. sha~~ be eawlly sewrod wiM aod have tM sams prioriy ss ths origin~l indsbtedrnss, and be wbject to sll ths tenns and provisions of tF~is mortga~a ProvWd. th~t the a~e~ab anwunt of principal outstsndi~g at ~ny time shall not exceed sn smount eqw) to one Iwndred and Nfly psr osnt ct50%) of tM P~inctPil smount originsly sxurod Mreby. 6. To psy sll snd sin~ular the oosts, chargas snd expanses. including s reaso~abk a~~y 's fee and aoats of abstrict of titb io- cur?ed or psid at sny tims by ssid MORTG/?GEE becsuse or t~ ths event of the failuro on tF+e part of the said MORTG/100R to duh?. pron+~tH snd fuly periorm. discha~~e. e~oswte, effect. complete. comply with and ~bide by ~ad~ and awry tF+s stipulaNons. s`reemu?ts. tonditians and covenaqts of ssid pranissory note and this rtrortgage any or either, snd said oosts. ciw?ges and exp~nses, aad+ s~d ewry. shall be immediatey. due and payabte; whether or not the?e be notice. demand, attempt~p n~; snd the full smount of each and every wch psy~nent shall bear interest f~an ths date tl~ereof unHl paid at the rat~'6~ ths pe~ aenturn Dar ~rrNnm: u+d all said tosts, tha~~es and expenses so incurred or paid, together with wth mterost, shall be seturod by lien of this mortp~s. 7. That (a) in the eve~t of ..:y breach of this Mort~sQe or default on the put of the MORTG/1GOR, or (b) in th~ avent any of saW wms of money herein referred to be rat pranptly and fuliy psW within thirty (30) days next sfte~ the same srvenliy beco~ns due and payable. without demand or notioe. or lcJ in tha event esch a~d every the sNpulatioru. a~geements. conditions and oovensnts of ssid promiuory note and this mortgage any or either are e~ot duly. prompcy snd tuly perto~„od. discharged. exewted. effected. ca+npbted camplied with and abided by. then in either w any such event, the said aggregate sum mentio~ed in said promissory note then remaioina unpsid. with intemst accrued. snd allnwneys secured hereby. shall become due and psyable forthwlth. or thereahe~, at the opHan of ssid MORTGJIGEE. u fully and completely as if all of the said sums of money wero originally stipulated to be psid on such day. a~ything in sald pramissory note or in this Mortgage to tha ooot~ary not withstanding; and theroupon o? thereafter at the option of satd MORTGAGEE. without noHce or demand. suit at law or in equiy. may be prosetuted as if a!I monies secuted hereby had matured prior to its irutitution. S. That in the event that at the beginning of or at any time pending any wit upon this Morigage. or to foreclose it. or to reform it, or to enforce payme~t of any claims hereunder. said MORTWGEE shall spply to the Court hsving jurisdiction thereof for tM sppointnx~+t of a Receiver, wch Court shall forthwith appoint a Receiver, of said rnortgaged property all and singulsr. includina all and singular the income. profits. iswes and revenues from whatever source de~ived. wch ard every of which. it being expressly understood. is hereby mort- gaged as if spetifitally set for~h and desc~ibed in the granting and habendum tlauses hereof, and suth Receiver shall have a0 the broad and effective (unctia~s and powers in anywise entrusted by a Court to a Receiver, and wd~ appointment shall be rr~sde by wd+ Court as an admitted equity a~d a matter of absolute right to said MORTG/~GEE, and witFaut reference to the adequary or inadequacy of the value of the property mortgaged or to tfie solvancy or insolventy of said MORTCAGOR or the defendants. and that such rents. profits, inoanes. issuea and revenues shall be applied by wch Receiver acoordng to the lien or equity of said MORTGAGEE and the p~actice of such Courr. 9. To duly. Promptly and fully perform, discharge. execute. effect. ownplete comply with and abide by each and every the stipu- ; iations, agreements. ~tions and tovenants in said pranissory note and in this mortQage set forth. 10. That in the event the ownership of the mortgaged premises, or any part thereof, beoanes vested in a person other than the MORTGAGOR, the MORTGAGEE, lts wooeuors and assigns, may, without notice to the MORTG/~?COR, deal with wch suocessor or succes:ors 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 dixha~ing the Mortgsgor's IiabiUty F~eir~der or upon the d~t hereby secured. No sale of the premises hereby mortgaSed and no fore- bearance on the part of the MORTGAGEE or its ~so~s or assigiras and rw extension of the time for the payment of the debt hereby secured given by the MORTGJIGEE w its wocessors or asslgns, shall operate to release, distharge, ~ra~ify. change or effcct the originsl liabiliry of the MORTGAGOR herein, either in whole or in part. 11. It is spedfially agreed thst time is of the essence of this ooetract and that no waiver or an~r obligation hereunder or of the obligation securod hereby shall st a~ry time thereafter be held to be a waiver of the temu hereof or of the instrurnent secured hereby. w IN WITNESS WHEREOF, the said MORTG/1GOR has herounw set his hsnd and seal the day and yesr first sforesaid. Si~ned. Sea{sd a~d delivered in prosence of: { ~ ~ - _ `~i',-rt-~ ~.a i ~ li 1 i ~ . i ? E - - - ~ - --f?-~"1~~~`~t4~~cL~ ~ ? . . - =-"~-~-L'- ~?u 5T/1TE OF FIORID/? St _ Lucie ~ courrr~r oF------• j ~ ~ ~~~y L. VARIAN BROWN - ~ , AL~iNA_F~~RQ3~irL---- _ n~ ~r~, ~ ~ ~u w,~,. ~e w,~ r~~«,~ w ~ ~ ~~a and wFa poeaited th~ .ior~oin~ trutnm~ent, and atknowlsd~sd before me thst thay exea~ted the same for the purpoaes thercin expressed. " ' ~ - a.Ha ,~,i ~i ----~,r ~-Deoember _ ~ , /1. D. 1968_ . 1NITf!~ ~ . . ? - - ~ ~ • ____u!~.~~ RR.~ - ~r: ~ . = Nohry Publk M and far the Stab of Florida st LarN. _ . „r~ :i = .,,M„i,sia, .es: - ~ ~ ~ ~OTA,Y ~U~ t7ATE t1i FIOR[OA AT L~v~'~ ~C~ ~1~ fj, ~~;.I~~jl:'~:, ~AY COMM~S510 DtRES NOv 12, 1971 ~ : ~ ~ :jE,.=~ ~ ~OND[p iMlto rstD w. DI[fTttMOwo~ ~ 1 ~ . a ~ A ~ - lll~ • . ~~~J • .~l cn ~ E W iil ~ ~ ~ s, V o -~~i.!'~,,! F~LEO AND RECORDED ~ ST. IUCI ~ w L.FS:'.. t'- ~ REC~OR ~?OUNTY, FLA. Q - ~ ~ ~ '~i c. - 1 ~~~Gla~~E~ ~ - ao~ c ~~~;`~:~fi; ~ ~ ~ » ~ ~ ; m W ~ 3 w ~ < ~ ~ ~ - ~ a ; ~ '68 DEC 9 AN 8 : q 7 ~ ~ . ~ x c~ ~ • ~ --c~ 0 2-. t~~ V1 ~ V ~ ~ = Q= ° ~ d l ~Q ~ nfl~l:(~~~~tU~a H O R F O l T P. A S j~ ~ ~ A~,~ ~ CLERK CIRCUIT COURT: Ey ~ o E i y * ~ i ~ A A l N t 1 0~ ~ m ~ ~I~(11 'tS ~ ~ . ~ ~ ~ . . ~ I 1~~ ~~z~s ~ ~ ~ ~ . ~