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HomeMy WebLinkAbout1320 lt is huthor covencmted and mnde the essence hereoi t:at in rase of default fcr thiriy days in the payment of any ~ sums ot money to be paid hereunder by tha Mortga9ar or i~ tne petformance oi any of the covenants herein on the part oi the MortQaqor to be performed, then it shall be optional wiih the Mortqaqee ta consider all unmatured indebt- v edness or liability secured hereby, includinq any additional sums hereunder advanced and secuted hereby, and any ~ interesi due ihereon, aa immediately due and payable, w1t!~out demand :?nd withoui notice or declcu~ation of said op- ~ tion, and the Mortqaqee shall have the riqht forthwith to insiituie procsedinqs to enforce the collection of all monies secured hereby includinq ihe ri4ht to foreclose the lien hereof. e~, ~ The Moriqaqor hereby waives all dght oi homestead and exemption yranted by the Constitution and laws of Flor- ida. It is specifically aqreed that time is of the essence of this contract and lhat no waiver by the Morteaqee of any obliyationa hereunder or of the obligation secured hereby shall at any time thereafter be held to be a wadver of the terms hereof or of the obligation secured hereby. It is covenanted and aqreed that the ter:ns "MoriQaqor" and "Marigaqee" ior convenien~e herein employed, and any pronouns used in connection thereyyith. shall be oonsiiued to include the plural as well as the ainc~ulca number. and the masculine feminine amd neuter qender, whenever ~d wherever the context so admits or requires: ca~d that all covenants mid obliqations of the respective pcuties hereto shall extend to and be obliqatory upon their heirs, leqal representatives, suocessora ~d assiqns. The Morigaqee may collect a"late charqe" not to exceed five cents (Sc) for each dollcQ (,S1.00) of each payment more thcm ten (10) days in ane~s to cover the eatra expense involved in hm~dling delinquent payments. That the Mort4aqee may, at any time pendinq a suit upon this mori9age, apply to the court havinq iurisdiction thereof for fhe appointment of a receiver, cmd such court shall torthwith appoint u receiver of the pretnises covered hereby all cmd sinqulcu, includinq all and sin4ular the income, pro~its, issues cmd revenues from whatev~er source dedved, each cmd every of which, it betnv e~resslY understood. ~s hereby mortgaqed as ~f spec~callY set forth and described in the qramtin4 and habendum clauses hereof, and such receiver shall have all the broad cmd effe~.-tive funa tions and powers in anywise entrusted by a cot:rt to a receiv~er, and such appoiniment shall be made by such court as cm admined equtty ~d a matter of absolute rteht to said mocc~aqse, and without referenoe to the adequacy or in- adequancy of ihe value of the property mortQaQed or to the solvency or insolvency of sadd mortqaqor or the defend- cmts, and that such rents, profits, incorne, issues m~d revenues shall be applied by auch receiver aocordinq to the lien of this moriqaqe ~d the practice of such couri lN WITNESS WHEREOF, the said Mortqaqor has hereunto sei his h~d and seal the day and year firsi Qbove written. ' (SEAIJ Sic3ned, ed ~d del in the sence oi: Witness• FtLED ANO RECOK~ED~ OUNTY. FL ~ ST. ~UCiE ,~,.+~n:~'~ , Wiiness• - i~~~ ~ ' 0 ~a,~,R 9 PM ~ ~ 5 ~909~~~ . ~ r STATE OF Fi.ORIDA ~ ~ pUFtT ~ St. Lucie ~Lc~K Ct~t:~IT ~ ~ COUNTY OF , I H~R~BY GERTffY, That on this day, before me cm o#ficer duly uuthoriz.ed in the State and County aforescdd to take aclrnowled9rements, personally appeared C~~ffo~d Minus, a single man to me known to be the person desctibed in and who e~cecuted the foregoinq instzumant, cmd he acknowl ~ ~ ed9ed befare me that he executed the same as his ~d deed for the uses and purposes ' therein stated. ~ m~ hand ~d offidal seai in the_ Oty ~3 State last aforesaid this 4th day of TV~°rc - - - A.D. 19 ~t~ ` . . : ~ . - • ~ I~dfa~ lic~ - State of Florida at Larc~e ~F ~ ~ ~ ~ , NOTr~RY PUBL~C. STATE OF FLORIGA AT !1!RGE I~ ! 374 0 ~ 1`7~Y~~Q~~~~~ M~~`~%=i++ C.N:SES 1-.~. IJ, : • BONDED THROUGN MURCSKI•HUCKLEBEHRY,INC. ~ ~ . i~ !'~,'S ~ N~~ ~ ~ FTI~D iecord the - _ day of . 19~. and recorded in ~ ?~Sortgaqe Book PQqe of the public records of County, Florida. ~ ~ } ~ ~:t Clerk, Circuit Couri ~ ~ 3 RFTUAN TO: HOUSiNG DEVELOPNff.NT CORPOAATION ~ P. O. Box 7337 # OALANDO, FLORIDA h~: «z ~i ~ E ~r ~ *~-^a BOOK~~J PAGE1~~~ - - . . _ : .w_ . .