HomeMy WebLinkAbout2472 6. To py? W~nd stn~tlar the oosts~ char~ea. expensss and attorney's tea Kasoaab~j? incurred oe paid at an~r Nn~
by tbe Mottsasee becanss of a~? 8efsult as to ~1Y ~PuV~ ~e°t and covenant ot the cwta aad Ws ~dost~an~ or
elWer. or la aar sult or psoaeedin~ at law or !n equtt~? to whlch the MortQa~ee sha~U be w~W beooane a party ia rete~an~
to the Mort~a~o~s labrest 1n the Pnmises herefa mort~astd. or in sustaWn~ tLe llen or psloiiq+ at tIJ~ I~to~ct~aje: th~
amounts ot +WY wch oatt~ char~. expenses and feea shW also be deemed • ch~r~ wd 1n8ebtednar ~red Mr~b7?
and beu faterest at the samt rate as the pr4fcip~l iadebtedu~.
7. In the event ot a 8etault in any of tbe eavenaats ot thls Morc~e. the Mort~a~ 1s e~cprwq? tlves tbe rith~
which ra~y be exercised at a~y Ume durtng t6e adsteaoe at aqy deiault and so lons as a default shari exlst. to ta1~e pones-
don ot and hold tAe premise; wiW or wlthout pe~ooe~ a[ li?w. and collect aad reoelve th~ rent~ laues aM proDtt
theretrom. with or wltlaut taktnS Poreadon oi the pr~s. and to app~j? tlit rents. ifs~es and P~4 to tbe p~ynaent
ot expenses. char8es ard amounb due and payable under tl~e proviaia~s ot the note aad tL1s Mcrt~+~. The D[orts~oe
asslgns and trandcrs nnto tAe Mori~asee the rents. tssues aad pmIIts of the premises for the purpore afores~fd. The tak-
U~g oi posseula? oi the premisas and the collectlaa ot the rents by the Mort~a~ee shaU ln no wq? w~lw t1?e rlsht of tbe
Mortgagee to foreclose thb Mort~a~e because oi a detaulL
And the Mortgagee aW?. ~t any Ume pendlnt a sutt upon this MortQes~. sAP1Y to t6e Court 1?~vlag iusisdlctbn ot
suc1~ suit for the appolntment of a recciver oi all and sin~ular the prerafses and the rents. f~u~ ~nd pronts thereo~ and
thereupoa We Oourt sball fortbwith~ as a~tr[ct matter oi ri~ht !n the Mort~ee. and witlwut ooadderaUon oi the
value of the mort~aged premtses as iecnrit7 for t2~e smounts due the Mort~aQae. or tlie solvenc~? ot aay person or perso~ns
bound for the paynrent ot such amount~ and withoat notice. ~PPotnt a reoelver oi W auch pre~alxs with the usual powe:s
and duUes lncluding the power to reat the preadses aud to coUect the rentsl tbereoi and theretran. th~ revaaw de:ived
irom satd premises to be spPli~1 to the P~T ~~'8~+ ~d exP~nse+ attendli?S the recelv~shtp. tues aM aoeaQaents
and other charQes agait~st and Lor the protecUon oi the premises. the p4Y=~~?t oi the indebtednes~ secured hereby. ~or as
the (7ourt mq? otherwise direct.
8. It the premises. or any p~rt tbereoi. 1s takeA or dum~ed under any power oi eminent doinafn or otherwfse. tAen
wMtever moaeys :hall thereb~? become dne tbe Mort~ag~or are dereby adgaed snd shari be patid to tbe MertBa~e~. who.
atter deducting all reaaonable eosb and ea~penses which maY have beeii lncurnd bY !t !n the oollection thereo~ s~ll
•PNY tAe reaWnder oi LAe auzis x~ceived to tLe p~yment and satidacilon ot the indebtednas ~ecured heseby ia fnll or pro-
id[L~O. AI?.Y Eillp~lli OZ BLLCh 1AOriCy~ OV!! iM ibOM1le LUQ it1101lrib A!C!i'Stty ~O Pt~? IA t111I ilI Lldlb~ h!Plb~ alCLLPld
s1ia11 be paia to the Most~a~or.
9. The Mortga~ee shW have the slght at any tlme and trom tlme to tlme, end without aoUce to or consent of at?~?
person. to release anY P~rtion ot the pnmbes ifroa~ the lle~? ot this MortBage aad to extend the ti~ae o~ p~yment oi all or
~Y P~ of the indebtedneas. withaut aIIeMing or nleasint the personal llabWty oi any person liaWe for the payment o~
any sum or Interest secured Dereby atM wlthout in any~vise altering. varyln~ or dimid:h[ng tbe force. eKect or IIen ot
this Mortgage on all oL the premi~es not spectneal~y released trom the llen of this Mortgage by the MortQagee.
10. This mortgµge is subject to a construction loan agreement of even date.
mv
RECENED IN PAYM£NT OF TI~rQ_
DUE QN CIASS 'C INIAtiGtB1.E PERSCJIAL PROPfRiY~
PU3S~'ANT TO CWIFTER ZC72i, ACTS OF 1941.
ROG^R POIT~
~S, Cie~k Ci:cu i Cc~:t
as A;e~t ~or C"i;l~L EJ. Kh~:i"I~S~ 1R
' ~ St Lucie G;:~..ty Iax Ca:lcctor
~ R.K/
By c
~
' C~PUiY G~~
T6e cwenanb hereia ooutained shall bind. aad tLs beaeII4 and ~dvaats~es shall inure t0. the rapectlve bet:s. euecu.
tors. ad~nlnidrators. suooea~or~, and as~ns of tLe partks hereto. Whenever nsed, the dngular awnbes shW tnclude the
plural, tbe plural the dngular. ~nd the use of anY ~ender sLall include all gendera It b iatended• tbat tbls Moit~a~e and
tLe note heseb~ sccured ~u+e m~de with rrtrrenoe to ~ad a~ari be ooasuved as a Florida oa?tract end saverned b7 t6e
lavvs thereoL
IId W11`NE~S WHF.REOF, the Mortgagor hereln named has heirunto set hia hand and ~eal the dq aad Ta~r ~st
sbove written.
3igned. Seded and Dellvered 1
ln tbe Presence oi:
~-C -
ue zapiro, a sing e man
cs~.~
- • • • ._..csFr?r.~
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