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Home My WebLink About0124 ponty a policies said MORTGAGEE shall have fhe option ro?eteive and spply tne same u~ account of the indebtedness seturcd nerebv a M petmit sa~d MORTG/1fAR5 to rete~vo and use it ot any part tFN?~of for othe~ pu~poses without ihe~eby waiving or impairing anY equlh?• lien or right under or by virtue ot this MortgaQe; s~d in th~ went said MORTG/1GORS shall fo? any reason fail to keep tl+e said p~emisos so inwred, w tail to deliver promptly sny of said polkies of insurs~tt to said MORTG/1GEE, w fail promptly to paY fu11y any prtmium thenfw, w in any iespect fail to perfo~nn, dischu~e, execute, effett, canp~ero. comply with and ~bide by this cover+ant, o. anv wn ~~f, ~id MORT- G/1GEE may place and pay fw such inw~ance a sny psrt N+erocf wtthout waivine w sffect:ng any option. lien, equity. or rieht under or by vi~tue of this Mwtgage, snd the full amount of each snd every suth payme~f sF+all be immediately due snd payabla and shall bear inte~est from the date the~eof unril paid st the rate of 11~E cent per anrnun and together with such interest shall be secured by tM I~e~ of thls mortgage. eig~it~ on~ia~f 4. To permit, tommit or wffer ~o wasfe. impsi~me~t or deterioration of ssid propetty or any part thereof. 5. It is hereby specifically agreed that any wm or sums wF?kh m~y be loaned o? sdvanted by the Mortgagee b the Mortgagor at any = rime after the retording of this indenture, togethe~ with inte~est thereon at the rate agreed upon at the time of wch loan o? advante, shall be equa~ly setuced with and have the same prio~ify as the original indebtedness. and be wbjett to all the terms and provisions of this mortgage: ~ Provided, that the aggregate amount of principal outstanding at sny time shall not exceed an artwunt equal to o~e hundred and fifty per tent ' 115096) of the pri?iciF+al amount originally secured hereby. } 6. To pay all and singular the tosts, charges and expenses, inttuding s reasonable attomey's fee a~d costs of abstratt of tifle in- cu~red or pa+d at any time by sa~d MORTGAGEE because or in the event of the failure on the part of the said MORTGAGOR ro duly promptly and fully perform, discharge, execute, effect, complete, comply with and ~bide by each a~d every the stipulations, agreements, ~conditions and covenants of said promissory note at~d this mortgage any w either, snd ssid costs, tharges and expe~ses, each and every, shall be immediately due and payabte; whetF+er or not there be notice, dema~d. sttempt ~q~ct oh p ~ ; and tF+e full amount of each and every wch payment shall bear interest from the date ther~of until paid at the nte"df~and] per centum per annum; and all said costs, charges and expenses so incurred or paid, togetF?er with wch ~nterest, shall be secured by the lie~ of this mortgage. i 7. That (a) in the event of any breath of this Mortgage or de~ault on the part of the MORTGAGOR. or (b) in the event any of said ' sums of money herein referred to be not promptly and fully paid within thirfy (30) days next after the wme severelly become due and payable, without demand or notice, or tc) in the event each and everv the stioulations, argeements, conditions and covenants of said promissory note and this mwtgage any or either are not duly, promptly and fully performed, dixharged, executed, effected, completed complied with and ` abided by. then in either or any wch event, the said aggregate wm mentioned in said promissory note the~ remaining unpaid. with interest i accnied, and all moneys secured hereby, shall become due and payable forthwith. or thereafter, at the option of said MORTWGEE, as fully ; and completely as if all of the said sums of rrwney were wiginally stipulated to be paid on such day, anything in said pro~nissory ~ote or in ~ this Mortgage to the contrary not withstanding; and thereupon or thereafter at the option of said MORTGAGEE, without notice or demand. ~ suit at law or in equity, may be prosecuted as if all monies secured hercby had matured prior to its institution. 8. That in the event that at the beginning of or at any time pe~ding any wit upon this Mortgage. or w foreclose it. or M reform , it, or w enforce payme~t of any claims hereurxier, said MORTGAGEE shall spply w the Cau~t having jurisdiction thereof for the sppointment : of a Receiver, wch Cou?t shall forthwith appoint a Receiver. of said mortgaged property all and singular, including atl and singular the _ intome, profits. issues and revenues from wlwtever source derived, each and every of which. it being enpressly understood. is hereby mort- gaged as if specifically set forth and described in the g~anting and habendum tlauses hereof, and such Receiver shall have all the broad and effective functions and powers in anywise er?tnnted by a Court to a Receiver, and such sppointment shall be made by wch Court as an admitted equity and a matter of absolute right to said MORTGAGEE, a~ without reference to the adequaty or inadequacy of the value of tM prope~ty mortgaged or to tF+e solvency or insolvency of said MORTG/~GOR or the defer~dants, and that such rents. profits, incomes, iswea and reve~ues shall be applied by such Receive~ accordeng to the lien or equity of said MORTGAGEE and the practice of wch Court. 9. To duly, promptly and fully perform, discharge. execute. effect, aornplete tanply with and abide by each and tvery the stipu- • lations. agreert~mts, conditions and covenants in said promissory note and in this mortQaQe set forth 10. That in the event the ownership of the nwrtgaged premises. or any part thereof, becomes vested in a person othe~ tfwn the h10RTGAGOR, the MORTGAGfE, its wccessors and assigns, may, without notite to the MORTGAGOR, deal with suth suctessor or suctessors in interest with reference to this mortgage and the debt he~eby secured in the same manner as with Mortgagor without in any way vitiating or dixharging the Mortgagor's liabiliy herew~der or upon the debt hereby secured. • No ssle of the premises hereby mortgaged and no fore- bea.ance on the part of the MORTGAGEE c+~ its wccessors or assigns and no exteruion of the time for the payment of the debt hereby secured g~ven by the MORTGAGEEor its successors or assigns, shall opente to release. discharge. modify. change or effect the original liablliry of . the MORTGAGOR herein, eitFier in whole or in part. 11. It is specifiwlly agreed that time is of the essente of this oontnct and that no waiver or any obligatian hereunder or of the obligation secured hereby shall at any time tl~ereaRer be held b be • waiver of the tem~s he~eof or of the inst~ument secured hereby. Signcd, Sealed and delivered in presenoe of: a f ~ . . j f ' ~ - - - ~SEAU t - - - ----(SE/1U : . - a ST/1TE OF FIORIDA < SS. : COUNTY OF- ~ - Before me persorwlly appeared - - - - - - - - - - and in - hts wife, to me - -i ' and who exetuted the foregoing inst t, and acknowledged before me : w ~/-a 1::: = 1' i._. i-~ i a. = l~ xessed. . ` ~ n~;::~~ t~i~ ~a..,., - ~ • , - - - = ~ - ~ Z - _ WITNESS my and official seal this ---day of__ > = JLt~-"o'73 O O = - - U = ~i = '`3 6 O ? O = ~C _ ' V) COP'P'eFivLCcR~ ~ ~ r= (~B.t4~138 - - ~ ~ ' W A I ~D~ d~ IN PA!/1EMT OF TAXES ~ RECEIVED W D'JE ON C~'!iS 'C' 1~1Tk:i,IBLE PE'S~t1AL P~tOPf:tiY, d y= ~(j~$'::~;iT i0 Cr::P~-A ~Ji?4. A~iS OF 1941. ~y W _ Z~~ F.CG-? F~I~:1.~, Cle:4 Circuit Court 0 A ~ a? as Agent tor GANIEL N. KhOWIES, JR e o~ ~ o~ Z St Lucie County Tax Collector ~ Q ; a N W ~ Br ~.oC~~ - H w WTM a a'-~ ~ DEPUiIf ~ CLERft Z V ~ W ~ Z U ~ p~q ~ ~ ~a~ a ~~e V~ E'~ c ~ ~c ` o ~ W~ W ~ ~ ~ ~ ~ R ~.85 P~~E 125 ~ O BU~~K ~ , . ~ . ,_r. - - - ~ - -