Loading...
HomeMy WebLinkAbout0520 • KpEb f1~E~ ~'E~~O M~r i~~ ~t' ~ acv i co""t 3fi0166 C~E ~Ea~i~~~ ~ aE~~~~ 'Z ~9 eH hag 15 shaU have the option to nre~ve and epply the same-on account ot the indebted~ess secured hereby or to permit s~id Mortgagor to receive end ux it ar ~ny put thereot to? other purposes without tAereby waivinR or impairing any equity, lien or right under or by ~vtue ot this mortgage; and ia tM event said Matgagor ahaU tor any ~son tail W keep the seid premise~ ao inrund, or t~il to deGver promptty sny ot eaid policies ot inauranoe W said Mortgagee, o~ tail promptly to pay fuUp ~ny premium theretor, or in any reepect fail to pertora?, discharge, e:cnte, ettect, compkte, comply wnth ~~d abide by thi~ covenant, or eny part hereot, said Mortgegee may plaos and p~y tor auch insurance or any part thereot witboot waiving or si(ecting any option, lien, equity or right under or by .~rt~x~ nt thi• r~+si~ge, snd t~e full smou~t ot earA end every auch pa}~t shall be immediately due assd papabla and ahaU beer intereat hom the date thereot until paid ~t the ~ste ot ten per centum per an~um and togetl~er with auch intrrest ~haU be xcured by the lien ot this mortgage. . 1. To permit, commit or sutter no as~te, imp~irn)ent o~ deteriontaa ot aaid property or any psrt thereof. ~-i ? 5. To psy all and ~ingulu the costa, ebargee and e=penxa, including reasonabk 4wryer'e tees ~nd cost ot abstncte of titie, incurred or paid et any tim~ by ~aid Mortgagee becau~e sndtor in tl~e event of the tailure on the part ot the said Mortqagor w duly, promptJy aad tuUy pe~(o~m, discharge, e:ecute, effect, oompkte, oomply ~rith and abide by each •nd every the atipulstioas, agreements, rnnditions and oovenant~ ot said promissory note, and thi~ mortgege, sny or either, and eaid coete, chugea and espenses, each and every, ahal! be immediately due and peyabk, whether or not there be notice, demand. ~tt6mpt to coUeM or suit. pending; and the full amount of wch ~ and every such payment shaU bear interest fram the date thereot unW paid rt the rate of tea per ceatum per annum: and atl said ce~ts, charges and e:penxs ao incurred or paid, together witA such intereat, shall be secured by the liea of thia mortgaqe. 6. Thel Ial in the event of any b~ch ot thia mortgage or detault on the part ot the Mortgagor, or Ibl in ths • event any of said auma of money herein referred to be not promptly and fuUy paid within ten days ~t after the same severaUy become due and p~yabk, without demand or notice, or !N in the eveat each and every the atipulations, agreementa, eonditan~ end covenants ot said promisa~xy rate and tl~is mortgag~e, any or eitha, are_ oot duly. promptly and faUy pertormed. dixhuged, ezecuted, eftected, compkted, oomplied with and abided by, then, in eithr or aay aucl~ event, the said aggreg~te sum mentioned in said pmmiaeory note then remaining unpaid, with ':nterest accrued, and all moneys xcured hereby, shall 6ecome due and payabk fo~thwith, or there~fter, at the option of eaid Mortgagee, a~ fuUy and completely as it ~11 ot tAe said sum~ ot nomey were originally atipulated to be p~id on such day, snything in said proau~ory note, and or in thi~ mortgage w the contrary notwith~tanding, aad thereupon or thereafter at the option of ~aid Mortgagee, without notice or damand, suit at la~r or in equity. theretotore, or thereafter begun, may be proaecuted a~ ii aU mo~eys aeciued hereby had mstured prior to its institution. 7. That in the event that •t the beginning af or at eny time pending any suit upon t6ie mortgage, or to foreclox it, or to reform it, and~or W enforce payment of eny claima hereunder, said Mortgagea shaU ~pply w the court havint[ iurisdictioa thereof for the agQnietmPnt nt w R.r.•iv~_ .~Mh n?u•! ,h~l1 t.,.*hx~iih e~p!~iai e Receiver Qi saia ~~BaB~ ProP~Y s11 and singular. uxluding all and ~ingular the rents income profiW. iasues and revenues from whatever aource derived, each and e~~ery of which. it being ezpressty ur~erstood is hereby mortgaged as it specifically set (orth and dexribed in the grenting and habendum daa9es !.er,: of, and such Receiver ahall have all the broad and eftective function~ and powrers in anvwi.~e entru~ted by a court to e Receiver, and suc6 apQointment i shall be made by such court as an admitted equity and a matter of absolut~ ripht to aaid Mortgagee, snd w~ithout j reference to the adequacy or imd2qwcy of the vaiue of the property mort~;aged or to the eolvency or iasolvency i of aaid ~tortgagor and~or of the defendants, and that ~uch rnnts, pro6t~. :ncome, issues and reveaue~ a6a11 be applied ~ by auch Receiver according to the lein and?or equity of said Mortgagee and the pnctice ot such oourt. ! 8. It is underatood and agreed that this mortgage i~ given to secure, in addition to thr note or oblig~tion ~ at ve dexribed any additioml loena or future advance~ made within twenty y~ra from date hereof by the mortgagee to said mortga~ora or any successor in title ot said mortgegc?rs of the property hereby rnnveyed: provided that the ~ total unpaid balsnce of the indebtednes.+ ~ hereby a: aoy one time ahall not e:ceed the ma:imum principal f amount of ___$6, 580.00--S.<,X ~houbci?td ~.~.ve hundlted und P..~,gh~y 00/100--------- Dollars 1= 1, ptu~ intere~t thvrnon and any di~bursements made by the mortqagee for the psyment of ta:es, levies or insurance on ehe propvty encumbered hereby. ~vith inta~est on such disbursementa. IN WiTNE3S WHEREOF, the said Nortgagor hrs e:ecuted this mortgage under seal on the day and year herein ~ fvst sbove written. ~ ~ Signed xaled and delivered in the presence of: ~ ~'`~i ~ ir 1 T : ~ 1~ ; ~ /!.~t,f, ~ C-, ~ , - - ~ ` ~ . ~c'` • 1 ISEALI ; r o ~ . v.i.ng , : ~ _ (SEALI Lo,i.a F . ~'v,i.nga € STATF OF FLORIDA 9~ j COUNTY OF ST. LUCtF r ~ Before me personaUy appeared ~Q~ E. Iv.inqa and Lo.i,b IV ~ b~ ~7.(.b Ull.~je O~ 143b F~ca~sen Goun#, Pnn# Eeq.~,n, pa#a~r,to, Ganacia NOH2G~. . f to me well knowm and kno.m to me to be the individual.6 deecribed•in ~nd who e:ecuted the tcxegoing instrurpeq~ ~ and aclcnowledged betore me that-t..h~.. e:ecut~d the same for the purpoaea thcrein ezpressed. . , ! . - . ` W!T*I£SS r.:y h~nd and official ~a{ tt~is _ l 3--- daY of 1a~'~ 1g~~' " ~ ! / ~-i ` 1./`, ! ~ - ~ ~ t; ; ~LC.*~. _C!_.~_ ~ ,r/~ ~ ~ ~t~~ca { _ c' tary PubGc in and t Q11.U'le ; ~Q~ t6e Coanty and State Atoi+ie~ j P~~~ ~AGE ~~t~ My oommiasan ezpires: - . . ~ Sep.tem6eh. 26~h, 1980' ~ ~ .