HomeMy WebLinkAbout2480 6. '!b p~y ~ll and sin~ulu the costs~ char~es. expeeuss und attorney's tees reason~?bly tncurred pe p~1d at ta~? ttu~t
by tAe Mortsatee Dea~we ot a~y detault ~s W tay atipuli?tlon. a~ceement and covenant ot tM Aots aad tnis ~[ost~a~e. oe
elther. or ln aeV wit or prooeedin~ at 4w or In equtqr to whlcA We Mort~a~ee s,h~U be and become a pattr !n retereaoe
to the Mort~agoi'a int~red tn th~ Premisa hes+ein mart~a~~ed. or W sustaWn~ tbe Uen or prloriq? ot tAN a[ot'fi~: Ua
amounts of aRy sucA cotts. char~ea. eupen~sa and fees shall alw be deemed a char~ ~?nd In3~btedaw Ncutrd Mt~b~?
snd Deu tnterest at tbe sam~ nte a~ tbe pslnclp~l indebtedaea~.
7. In the event ot a deiault In any oi tbe coveaants ot this Mort~a~e~ the Mart~aQe~ Is exP~+uY tlven tbe si~h~
whlch inay be exercised at aqy tlnae duiie?~ the e~dst~?ce o~ any deLautt uid so lons as a d~fault sbaU es1d. to takt posse~-
ston oi anci hold the prea~se~. with or wltl~ont procas of Lw, a?d oollect and t~eoelv~e tue rents` ioua and proIIh
therefcom. wtth or wltAout taktng po~edan ot tAe pr~ and to applp t1k rentt. 1~es and pront~ to tb~ pyrment
ot exPenses. chsrges u~ eunounts d~e and payaWe under ths provWoas at tbe t?ote aad Ws Siort~a~e. TM ~dort~a~or
asalgas and transters unto the Mort~a~ee tbe t+eab. Lsues snd pmDts ot tbe premises for the PurPore atoreqW. Tbe tak-
!ng oi podeaslon ot tbe pre~alsea and tbe colleMtoa a~ tt~e ren4 by the Mo~~ee sl~ell in no wsy walw tl~e rl~ht ot the
Mortgagee to foreclose tNs Mort~~e because ot R detault ~
And the Mort~a~ee n~a}?. ~t aqy tlme pendins a sult upon thts Mort~a~e. apply to the Court !?aWn~ ~urlsdictba oi '
such suit tor the appolalmenL ot a reoetver o! all and stn~ular the premisea ana the rents. i~wes ~nd prosts thettiw~ ~ad
tRerlllpOA Lh! (~11tt ihi~l tOrLhWILh~ ai t iLlIC~ IIULLl1' Ol r1~11L Ill L~1Q MO[~~!!. iI1Q w'IVl01it OO~IIf~1~Q~iUOR O~ tilQ
value oi the mort~a~ed premtaes as secnriqr for the anwuats due the Mort~s~ee~ or tAe solvenry ot aay perwn or Periwis
Dound for the pqyment a[ sucA amounb, and wfthout notlce. apQolnt a n~ceivei of all such premtsea with the uswl poweit
and dutles inctudtag the poNrer to reat the premisa ~nd W coUect the rental theraot and theniro~a. tM revenw dertved
G+om sdd premises to be sppAed to tbe Proper charges and expense~ att~ding t6e reoelvenhiP. ta~ces aad a~eas~aenb
and other chsr~ea a~ainst and for the protectian oi the premfses. the paymeat ot the Indebtedness secured hereby. or as
the Court rasy otherwise dtrect.
8. It the Premises. or anY P+~ b talcea or damsged under ani? power ot eminent do~naia or other~vl~e~ tl~eaF
wMtever moneys shall thereDy bccome due the Mort~a~or are t~reby atsi~aed wd shail be pa(d to tLe Mortga~ee~ whq
atter deducting ali reasoasble eosts and expen~e~ wnlch m~}? have bten iacurirM by it ia the ooDection thereo~ aball
aPP1Y tlu remainder of t~e sums recelved to t6e p~ynoent and saUsfactloa oi the indebtednas ~ecured hereby 1n hiU or pro-
taata Aay susplus oi wch monays aver a=?d above tt~e amouats necewuy to WY ia fuli dl fndebtedne~s Aenby aecured
sAall be paia to the MortQagor.
9. The Mortgagee shall have the rlght at any tlnae and from Ume to t1me. and ~vithout noUce to or consent oi anr
persoa. to release any portion oi the premfaea L+om tlie llen ot this Mortg~ge and to eztcnd the time oi p~ymeat ol W ar
aay part ot the lndebtedaeas. w*lttwut attectl~g or seleaaln,~ the personal liabWqr oi any persen liable for the payment o~
eny s~m or interest secured hereby and wlthout 1n anywise alter[ag. varyin~ or dlminishi~?6 tbe force. etfect or llen ot
this Mortgage on sit of the pr~aises not speciscally released le+om t~ee 1len oi tWs Mortgage by the Mort~ee.
10. This mortgage is subject to a construction loan agreement of even date.
RfCE.ryl~?~ -
~~'f C~S a ' ~ O
tN.
F~RS4:4k7 U~S
' tNTR~'G18[f ~ ..p4'Il!r..j ,r:f ~.src;.
Foc_R Foir~ ~~aPr~R h:,~4. q/E~~•?~;r F^~pERT}; ~
as A~eRt 1~, Clerk C~rcu;~ ~~,n ~ 1~~-
o~ D„rr1EL N. KNCWIFS, ~R
St Lucie Counh' T
8 ~ Collector
y ,
` ~c~
~N ~LERK
' Tbe oo~renaats hereln cantafaed shall b~nd. and ttre beaeIIb aad ~dvantages shall inure to. the reapectlve h~1a. execu-
~I tor+. admtnislraWrs. saooeasar~. and a~ips oi tba P~+ Aereto. WA~evrr wed. ibe ~ngular number abari inclnde tbe
Plnral. tLe plural the aingulet'. and the uae oi anY ~der shall iaclude all Qen~bers. It is inteaded tLat th4llort~aYe and
~ laws t~o~ secttml are mede witlt referenoe to aad shall be oonrtrted as a Florida ooatract and ~overned b~ t~
IN WITNESS WHEEiDOF, the Mortgagor hereln named Las hereunto ~et hts hand and seel the dpr and year IIcst
above rvritten.
Signed. Sea1M sad Delivered ~
!n tbe Prrseace oi: ``C~`;~
'L/~ . (SEAL)
Manuel Szapiro, a single man
csFr?i.~
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BOOK 1~~ PACE2480
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