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Home My WebLink About2346 ~roi~cy a pci~c~es s.ud MORTUGEE s1w11 have the option w receiw ar+d app~y tne aa~ns un account oi the ~.xiebt~inoss xcured r,erebv w?e permit sa~d MpRTG/1CARS ro rcce~re a~d use it w any part N+~?w~ fa othe~ pu.poses without thc~eby wa~v~~` o~ ~mpa~.in~ any eVuih. i~e~ a~~~ht unaie. cx by vi~?ue of th~s MortQ~~e; ar.d 1n tl~ ~f said MORTG/?GORS sh~ll fo• any reawn lail to keep the ssid premisos so inwred. w fa~l to c1~l~vt~ p+cmptly any of said polic~es of i~wr~v to saM MORTG/1GEE, u ta~l promplly to pay fullY anY p~em~um ther~tw~ ' w in any respect fait to per}am, d~;cha~~e, execute, effect, tar~plet~. comply with and abide by this cove.~a~t, a snv psrt hereof. said MORT• ; G/1GEE may pla~e and pay fw such i~su~ante or a~y p~A thereoi without waivi~~ or a(fectin` a~y option. lien. equity, w ri~hf wder a~ by ' vi~tue of this Murteage, a~d the ful! ur~a,nt of ~+sch snd eve!~~w~th payment sMll b~ ia~roediately dua and payaofe a++d shall bear interest f.om tF+e date thereof un~~i paid at the ~ste o) ~(X~faUXDi~f~ilti per t~nt p~? smum and toRethe~ witfi wch inte~est shal) b~ securrd by tM ~r ~~;s ^,~~s,se. seven and three quarters 4. To permit, commi~ or wffe. no wasts, impairment a deferiwatioe of ssid prope.ty o~ sny part thereoi. S. It is ha.eby specit~cally ag.eed that a~y wm o? uxm which may be loaned o~ advanc~d by the Mo.tes~ee to the Mo.t~a~ at any time after the ~etord~ng of this i~dentur" together with interest thereon at the ate agreed upon at the time of wth losn or advance, shatl be eqw~ly secured with and have the same priority as the oriQinal indebledness, and be wbjett to ill the terms and provisia+s of this mortgaQr; P?ovi~4d, that Ihe aggregate arrbunt of printipal outstandi~~ at a~y time sh~ll not exceed an amount eqwl to or?e hundred and fifty per tenf :150~i) oF the p~incipal amount originally sctured hereby. 6. Ta pay all a.K! s~ngutar fF1C CM!S, C~1d~st5 3fld tXplY15CS, ircludin~ a~easonable attorney's fee and costs of abstrxt of title in- currod or pa~d at any time Mr ~~d h1~RTGAGEE bccause ot in the evrnt of t}~e failure o~ the pa?t of the said MORTGAGOR to duly, promptly and f~lly perf•xm, d~sclurge, etiecute, etfett, comptete, comply with a~d aWds by exh and every the stipulations, agreements; condition= a~d c~enants of sa~d prom~ss _ note and tFus murtgage any o. either. snd saW costs, charges and expenses, exh snd every, shall bs immed~ately due and p~yab~e;~ther or not there be notice, de~nand. attempt to ootlett w wit endinQ; and the full amou~t of each and every wch payment sha~l bea? intcrest f ~the ~te thereof until psid at the ntqg(~j~~'i~~r~p~~~nrwm- snd sll said costs, tharges a~?d expenses w incurred or ~d, t ethe~ with suth ~nte~tsf, sha119b' lEi ~ di~F" a a ~ 7. Th.it la) In thr event o( any breach of this Mortgage or default on the part uf the MORTGACAR, or Ib) in tha eveM any of said sums of mo~ey herei~ rc(crred to be swt prompNy and fully paid within thirty (30) days ne~t after the same severally becorhe due and payable, w~thout dema~xl er notite, or ic? in the event each and everv the stinulations, argeements, conditions and covena~ts of said promisso.y note and this martgage arsy or eitF+er are r+ot duly, p?ompNy an~ fully performed, discharged, executed, effected, con+pleted complied with snd abided by, then in ei~her o. a~y such even~. the said agg~egat~ sum _Tentioned in said p?omissory ~ote then remaining u~paid. with interest _ sccrued, and all moneys secured hereby, shall becomo due and payable forthwith, or thereafter, at the option of said MORTG/?GEE, ss fully and Con+pletety as if all of the said sums of nwney were originaily stipulsted to be paid o~ wth day, anythin~t in saW promiuory noM or in this Matgage ro the cor+aary nof withstanding; and thereup~n w thereaftet st the option of said MORTG/1GEE, without notice or demand. wit st law w in _quiry, may be p~osecuted as i( all nwnies secured he?eby had matured prior to its institutio~. 8. Th~t in the avent that st the beginning of or st sny time psrdieg any wit up~~ this Mo?tgage. o? to fo.ecbse it. or w reforrn it, w to enforce payment of a~y claims hereunde~, said MORTG/1GEE shall spply fo the Court havinQ jurisdiction thereof for the sppointm~.rt of a Reeeiver, wch Court s4ia11 forthwith appoir.t a Receiver~ of said ma tpaed {xoperty all snd singular, ~ncluding sll and si~gutar the income, profits. iuues and reva~ues from whatevr_r source derived. each snd every of whith, it being expres;fy understood. is hereby mat gaged as if xpetifically set fwth a~d destribed in the granti~g and habendurn clauses hereof, and wth Receiver shall F+ave sll the broad snd effective functiaet and powers in anywise entrusted by a Court to s Receiver. and wch appointme~t shslt be rnsde by wch Court as an admilted equity and s matter of absolute right to said MORTGAGEE, and without reference ro the sdequacy or inadequacy of the value of the property mwtgaged or to the solventy or insolventy of said MORTG/~GOR or the de~enda~ts, and that wth rents, ptofits, i~, tsuws an~ revenues shall be applied by such Reteiver xcording w the lien or eQuiy of sald MORTGIIGEE'and the prattite of wth Court. 9. To duly, prompNy and fully pe~fo.m, distharge, exetute, effecf, camplete eomply with snd abide by eath and every the stipu- ~ latio~s, agreereents, conditi~s a~d co.enants in said Qromissory ~otE and in this mortasQe set forth 10. That in the event the ownership of the mortgaged premises. or any pa?t thereof, oecanes vested in s person other than the j M~RTGACOR, the MORTC,AGEE, its wccesson and asz~gns, may, without notice to the MORTGAGOR, deal with such wocessor or ;uccessors in interest vyith refere~ce ro this mortgage and the debt he.eby secured in the sarr~t' manner as-~dth Mortgagor without in sny .way vitiatin4 ar dischargi~g the Mortgaga's liabiliy hereunder or upon the debt hsreby secured_ No sale of fhe premises Mreby mortgaged and no fore- bea.ance on the pa.t of the MORTG~IGEE its successors or assigru snd no extension of the time for the payment of the debt hereby secured grven by the htORTGAGEE or its successors o~ suig~s, shall aperste to rclease. discharge, modify, change or effect the original liability of the k10RTGAGOR F+erein, either in wFale or in pa~t. I 1. It is spec+ficsily agaed that t?me is of the essenoe zf this oontrsct snd that ro waiver or any obligatio~ F~ereunder or of the abligation secured hereby shall at any time thereaker be held to be a waiver of tF+e tem~s herebf w of the instrume~t secune~d hereby. ~ IN WITNESS WHEREOF, the said MOR to set is a sea t y a year rs a . Signed, Seakd arw! delivered in presente of: FlISt FC~f~ $~YIt1~S ~fld ~08f1 Ii Ass'n. of Indi~n River Counh _ • - ~ 2015 -14M Ave. P.O. Box 12~ . - - - - - - --Vero Be~ch, Floridt 32960 , - - _ - - cs~?u - - - - - - - - - - - - - - - _ . _ . _ _ cs~?u STATE OF FLORIDA ~ ' ~ SS- _ . COUNTY OF - - - - - ( ~ Befo?e me persa~s~ly sppeared - ~ - - - - - snd - - - - - - • - _ . his wi1e. M rr e (I krtown. and known to me b be the individuals desc~ibed in ~ and who auecvted the forcgoi nst~t, snd acknowledged befwe me that executed the same for the purpQSes therein expressed - WI my hand and oHicial seal this _ dsy of_-- . A. D. 19----_- • - - - / - - - - - - Notsry Publit in and for the Shte af.~lorida at Lsr~e. _ My Commission expires: A ~ f ~ \ W ; w 5 fi-~I t t'LU~.'11'L~ d _ ; t/~ Z o~" I.OCJ~•;c~!'t,~`~' i.'.:'~~ T.,X .~~i ~ V O r ~ ~ _ , ° - ~ Z F a• ~ _ J'J~-8'"rl %.~~-1•i _ ~ A ~ '_"a~ ~c°~ = ~}~~~a~~7~J= o~ O v O 'f~ ~ tfiL~i k!~:•. : ~ - ~ ~ Q H~ ~ P.d.tivc~~. w oo pJ w i ~~R °e ~ ~ ~ ~ , N x ~'oe ~ ; Q~z ~ x~~ ~ ~ ~,Z~ Q a o < ~ ' ~ ' goUK193 2344 ~ . - - o ; ~ ~ : ~ x • , v~ ~ - .