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Home My WebLink About0347 discharged, said Mortgagee may at any time pay the s;1me or any part ther~ot w•ithout wai~~ng or atfectin~ any optlon, lier?, equity or ~ight undcr or b}• ~•~rtuw ~t th~s mortgaRr, and the [ull amount ot each end every ~f such pt~yment shall be immediatrly due sn~t j~ayu~le and shall bear inte~cst Irom the date thereot until paid at the rste ot ten per ccntuin per annum and tugether with such interest shall be aecu~ed by the lien o[ thi~ mortgage. S. To place and continuously kerp on the bu~ldinfis now or hereatter ettuate on said land fire and windstorm i~uur.~ni~c in the ~uual standani policy (omi, in a? sum nc?t lcss tl~an the• iuU inwr.~blr ralnr, in wch ~rou?- pany or comp^nics aa may be spproved by said Mort~a~ee; and ell ~uch irtsurnnce policie~ on sny of said build- ing~, any intereat therei~ or part theeeof, In the a(;~~egate aum atoresaid or in excess thereoi, shnU contain ths usual star?dard mortRagee clause making the lo~s ur.dee aaid policies, each and every, payable to ssid 1?iortga~- gee as his interest may appear, and each and e~•ery su~•h pc~licy shall be pwmptly delivend to and held by said 1?iortgagee; and, not less than ten days in ad~•ance ot the expiration of each policy, to deiiver to said MortgaRes a re~ewai the~^eot, toRether with a receipt tor the premium ot .i~~h rrnewsl; and there ahall be no such insur- ance placed on any ot sald buildinRa, any interest therein or patt thereot, unlesa in the form snd with the losa payable aa aforesaid; and in the ere~t nny sum o[ money becomea payaDle under auch pollcy or policiea ssid MortRagee shall ha~•e the option to receive and s?pply the same on sccount of the indebtedneas aecured hereby oe ; to permit said Mortgagor to recetve and use 1t o~ any pnrt thereot tor other purposea without thereby waiving or impalring any equitr, lien or right under or by virtue of thi~ mortgage; and in the event aaid Mortgagor ahalt for any reaso~ [ail to keep the said premiees ~o i~aured, or feil to dellver prompUy any oi aald policies ot insurance to said I?tortgaqee, or tail prompUy to pay taUy any prrmium theretor, or in any reapect fa11 to per- form, discharge, execute, etfect~ complete, comply with and abide by this covenant, or any part hereof, aafd Mortg- agee mey place and pay for such inaurance or any part thereof without w~aiving or attectJng any option. lien, 3 equity or right under or by virtue ot this mortgage, and the ttill amount ot each and every such payment shall be immediaLely due and payabie and ahall bear interest tmm the date theteof unt11 paid at the rate ot ten per centum per annum wnd together with auch lntereat ahall bs secured by tha llen ot th1~ mortgaga. 4. To permit, commit or sutfer no weate. impairmeat or deterfonUon ot sald property or any part tRereot. 6. To pay all and singutu the ca~ts, chargea and e:penxs, Including reasonaDle IawyeC~ feea and cast oi abstractn ot title, lncurred or pald at any time by ssld Mortgagee because and/or In the event ot the fa[lurs on the part oi tne said Mortgagor to duly, promptty and NIJy perforno. dlscharge, e:ecute. eKect. rnmplcts. comply with and ablde by each and every the atlpulaUons, agrerments, conditlons and oovenanta of aatd promis- sory note. and thia mortgage. any or elther. and said costs~ cAsrges and e:penses, each and every, ahall be !m- medfatdy due and payabie, whei.Aer or not there De notice, dermsnd, attempt to co1{ect or sWt pending: and ths tttll amount ot each and every such payment shall b~eu interest trom the date thereo! unW patd ~t the rate ot ten per centum per annura; and all safd cost,, charges and e~tpenes~ ~o incurnd or pal~ to~ether wlth auch fn- terest, sha11 bs ~ecured by ths llan of t.ht~ mortgage. 8. That (a) fn the event ot any bnac2~ ot thi~ mortgage or default on the part ot the biortgag~or, or lbl ln thc event any of said surn~ of money herein referred to be not promptly and fully paid within 15 days next after the same aeveraliy become due and payable, w~thont demand or not,ce, or ~c) in the event each and every the st~pulations, agreements, cond~t~ons and corenant~ of a3id prom,sso~ note and th~s mnrtgage, any ot either, are not duly, promptly and fully performed, d~scharged, executed, effecte.i, compteted, complied wtith and abided by, then, in e~ther or any such event. the sa?d agg~egate sum m~ nt~oned in s.1~d prom~ssory note then rema~rung unpaid, with intere~t accrued, and all muneys sec~u~ed h.•reby, shall becume due and payable forthwith, or there- after, at the option of esid ~tortgagee, as fulty artd c~.mpletely as if all ot the said sums of money w•ere originally at~pufated to be pai.i on such Jay, anything ?n sa~d prouussory no[e, and or ~n this mortgage to the contrary not- w•iths:anding: and thereul~on or thereafter at the opt«~n of said Atortgagee, «~ithout nouce or demand, suit at law or ~n equity, theretofore, or thereafter begun, may be prosecuted as ?f all moneys secured heteby had matured prior to its institution. - T. That in the event that at the beginning of or at any time pending any suit upon this mortgage, or to foreclose it, or to reform it, and!or to enforce payment o[ any cls,ms hereunder, said 1?iorigagee shall 8pply to the court hatiing--jurisdiction thereof for the appo?ntment of a Rrce?ver, such court shal[ forthwith appoint a Receiver of said mortgaged property all and s~ngiilar, inctuding ait and s~ngular the rents, lncome, profit~, issues and re~•enues trom whatever source derieed, ea~•h and e~•ei•y of ~ti•hich, ~t be,ng expresaly understood, is hereb}~ mortgaged a~ if specifically sei forth and descrited in the Rranting an~ habendum clausea hereof. end auch Receiver shall have all the broad and effecii~•e fun~~tinns and pu:~:ers ~n am~~•~se entrusted by a court io a Receiver, and such appointment shall be made by such coart as an adrnitted equity and a matter of ab- solute right to said 111ortgagee, and without re[erence to the adequacy or inadequacy ot the value ot Lhe prop- erty mortgaged or to the solvency or insolvency oi said 11[ortRa~or and'or of the defendants, and that such renta, protits, income, issues and re.•enues shall De a~>plied by such Recei~'er according to the lien and/or equity ot said I?iortgagee and the practice of such court. 8. It is understood and agreed that this mortgage is grven to secure, in addition to the note or obl~gatiun above described any additional loans or future advanres made within twenty }•ears from date hereof by the mortga~;ee to ~a~d mortgagors or any successor in titie ot said mortgagors of the property hereby~ conti•e~~ed; prov?ded that the totat unpa?d balance vf the indebtedness secured hereby at any one Ume shall not exceed ihe,~}~ x}~p}y~n ~jnripal amount ~€I'wenty-two ~fousand and no~~ Dollars lg LL~ l1lJV~ W I, pl~s interest thereon an any disbursements ade by the mortgagee for the pay- mrnt of taxes, tevies or insurance on !he property encumbered hereby, vrith interect on such di~bursements. IN NESS WH OF, the said l~iortgagor haa executed this mortgage under ~eal on the day and year here:n ti above wri i 3ign i in the esence ot: , . ! ' • , ~ , ` ~ ' C Seal) . ; .....1-' r Davi M. B eec - SEAL) 6etty . eech ; sTw~ oF_ ....Flnr.ida--------------------- ~ St. Lucie ' " ' COU~TTY OF......-•--~--------------•--•••_-• ~ i t Betore me persoaWy eppeared..L~....Ihxid:.I~Q....Bleecb..and.-~eit}~-~i...---Bleec~,..-#i~-~?ui~e,-_ ; . . ~ to me well known and kno~~~r? to me to he the individual..._ dwcribed in and who execoted the foregoing instru- ~ men~ end acknowledged before me that x.he.3?. executed the same tor the purpoaea therein expressed. ' ST j WITNESS my hand and otticial seal this..•.~---~..---.._._dsy ot.._...~11/~//.r..;,._-.,._ 19.~ ; , , . ~ t/L/ " • i j ~ ~ . 1 . ' • _ s ' Notary PuD c in and for - ~ f`• • _ the County and State Afo d. t , ' ~ • ` ~ . , ' . My commis~ion expiree: ~ s ' ' N.:.r~ Pu+_`:', ^I fl^•~ic'~ z.t laige ~,.i ' t.i~ C:......':.~;. .:,;~:.:c .+c::~ Zt. i';72 . , - 3 - ~~~t~3 ~ 34'~ Y _ ~ ~ ~ ~ ~.a ~ ~i?~. g~=_-~ . . . ~",~.r4"~x.'f~.~` K~..."~