HomeMy WebLinkAbout0826 sh~ll lyw ths optio~a w recelve Nad apply tAs sams on acoonni ot tb~ indrbbdnw ~scuerd Mnby or fo permit
nid INorta~ w nosivs aod uss it or aiq? part tl~rot tor otMr ptupo~e~ witl~?t tlwnebr wa[vir~ at ~aopvrina
anr patty. lisn or ri~l+t and~r or by v~t~e ot thi~ nw~taa~r. ~nd in tb~ waat Nid Mo~tga~ ~6a11 to~ aqr re~~oa
tail to keap tbs sdd pnmise~ so ias~red, a~ hU to d~wr promptbr aqp oi wid poiicbs ot ~ao~ to aid
Mort~ae~, or W! pranptly to P~Y ~~7 P~~ t6~etor. or in a~ twpset htl to pertorm. direl~arac~
e~wta~ etteet. oompW~, oomp}~ wlth and ~bids bp thi~ oovaaaa~ ar uu? p~rt h~eot. s~id l~ort;age~ m~,Y Pl~a and
v~r tar wch inwranos cr any paec cA.eeos .dshont walvts~ or ~thetina atq? optbo. 1i~. eqnic~ ar ry~!?c ~wder or by
virtw ot thfs mocta~6~. and the tnli amount oi e~c6 ~nd ~wry sw~ paymeat ~6a11 b~ imaasdiat~etp du~ and payabls
aod shaU be~r intece~t trom t6s date tAareot until p~id at tbs rate ot teo per oeatum per annum and W~ether with
euch int~rest sha11 bs sseured bp tlis Keo of tbi~ morigsp.
1. '[b permit, tommit or eutfer no waate. ~mp~irassat or dete~iontba o! taid p[~op~rty or any p~tt tliereot.
5. To pay aU at~d siosulu ths oo~ts. ch~rBe~ and ~speo~~ toeh~dins ce~~oaab~s Lwyar's fess ~ad oo~t ot
abscraccs of cicls. ine~veed or p.id •c anr cime br a.id Mataa~ee becaws udlor in cbe wa~c ot chs t.th~s oa the
p~ct at ths ea;d Wort~gor to dnl~?. pe~uooptl~ ~nd lalb Perfam. di~chargs. azea~te. ~tt~ct. oo~opleu, oo~np~y witl+
aud abids bp e~ch and weqr tlre stipuLtioas. ~meots. oood~tio~ and c~roaanta of saW pe~ooniMOr~ Aots. aod
this mortga~s. any or eit6er. ~nd ~d oo~ts. ebas~es ~nd ~Pa~nss~. e~d? ud svaey. abaU bs immsdiateb? dw aod
Wri~ wMeher or not thers be notioa dem~nd. ~ttempt to ooUset or wit peoding: and t6s tull amouat o[ e~ch
and ewey s~ich p~yment sbaD bs~r int~ert 6nm ths date thereof nntil paid at t6s r~ts of ten pee oeatum per
annum: and alt s~id costa eLsrgN and eapeo~ so incurted or paid. togatl~er with wch int~r~ssk sball bs recared by
t6s Uea of t6is noort,g~ge. .
8. 'lbat la1 in t6s ave~t oi any bre~eb of thi~ mortaaae or defRUlt oo tbe prt of tbs Mat~~. or Ib) in tM ~
- rvenc any ot said sums ot mona~r 6erauu rsl~tred to b not peoa~ptb? ~nd iWb p~id w3t6tn t~n day~ n~zt ahar t6s
sams ssv~ally became dns and Paribls. wttbont demaad or notb0. a!cl in t6s eveot e~eh and ~nr~ry tbs ~tion~.
~greemsnta oonditions and oovan~nts ot nid promiaocy note and tl~ moets~. ~ny or aitber. an not dnl~r.
P~7 ~d ~b P~ormed. disebarBed. esecnted. sHeeted. oampisud. oamp~i~d wNa ~nd abidsd by. t6eo. in dtLer
or a~? aned evea~ tbe said a~te~ate wm coentiooed in said promfssoqr notb tben r+ea~ining nnp~id. ~dt6 interest
aoerusd. aod sD a~onsys a~enred 6enby. s6dl bsooms dns and payabis fort6x~th. a~ t6awtt~c. at ths ogt,ioo af said
blortgage~. as fuUy and ooaopletd~ u it dl ot tbs uid ~ams of oomsy wers ori,~iaalb? stipnlated to be p~id on
suc~ d~y. ~nything in s~id pe~omiMa~y not~. aod or in tbia mocigags to ths oootrary ootwithsundin~ ~nd
tb~eeupoo or tl~ftar at t6s option et a~id MactgagN, withont notioe a~ danrnd. wit at law or in equiLy.
tbeeetofaee. or t6are~iter beaun, may bs pro~sented u U dl mooeys Ncurod 6sraby had matnced peior to its
inatitutjoa.
7. T6at in ths eveat that at tbs be~inoiag oi o~ at any tims peodias wy s~it npon t6b mo~t;~ge. or to forecloss
it. ar to rsform it, andlor to epta~os pqmeut of my claia~s 6ersandar. ~aid Moct;aae~ a6~1! apply to t6e ooiut -
i,~ving jmi~dietion thereof ta tbs ~ppoiatment of a Rec~iver. wch oourt ~ fa~t6with -appoint a R~aive~ cf Mid
~8+8'ed ProP~Y ag aad singut~r. i~dndiqg sfl and ~inguLr tbs renb inooane p~roflta. issu~ and eewnnes liram
. whatevar souros derived. a~c6 and every of w6icb. it bdn8 aP~Y ~~~Y ~t~s8ed as it
speaRall~ set tat6 and desai'bed 'm tbe granthg ud 6ab~ndnm cLwes her+eof. aod snch Reodwr ahaU 6avs
all t!w b~~o~d and eHectivs innetions and powers in anywi~s eatrwted by ~ oourt to a Reoeiwr. and sueh appointment
•6ati be ~ade by soc6 oourt u~n admiRted equity and a matt~ ot absolute right to Nid y[atga~es. ud withont
refaeeoca to the adsqu~ef or inadsqo~cy ot tM value of tLs P~'oP~tY ~8+~8~ or to the wlv~? ar in~otveocy
of s~id Martg~or and/or ot the dete~daats. and that snch raats. pe~o6ts. inoows. Lsues and rsveaue~ ~6aR bs apptisd
br weh Reoeivar aooosding to th~ lem andla equity of said Martg~ges and t6s prsctioe of such co~ut.
8. It is ander~tood and ageed tbat this mortga~s is gives to seaue. in addition to ths note ar oWigation
above de~rn'bed any additioaal io~n~ ar inture advanos~ mads withia tweoty ye~rs from date hee+sof by tbs moet~agee
w aaid morcgagors o' anr auooenot in cida ot safd matgagors ot tl~e p~op~ty bensbr oonveyea: provtaad cb.c cbs
total nnp~id bdance of the indebtednees secured 6arsby at any ooe tims ehaII not aoeed tl?e ma~mum principd
amwnt oL_$2 334.00--t~?o thousand three hundred and thirty-four 00/100------~~
t= 1. p!w int,etea~ th~reon ind any disboner~ta m~d~ by the mortgagee for tbs qyment of tazea. {sviee ar ins~uanoe
on tlre property encambe~ed bersby. with intee~est on sueb disbnree~neats.
iN WITNE33 WHEREOF. tbe said Matgagor has ezecuted this mo~tgrge under sad on t~ d~y and year berein
first abova writt~. .
Sipied. ~nd delive~ed 'm tl~e presenos of.
o'"`~'' ~~~.Gtn.~ ~ / i ~l~Ct... 13EAI.1 '
~ n / ~ Mill am oran
~tiLt~ Gu G.~„t.t~ ~~i.~- • ~M,.e~ . ~ ISEALI .
Celes a J. Moran
9TATE OF FLOItIDA -
es.
OOUNTY OF ~
BREVARD
getore me penooaily ~ppeared William H. Moran and Celestia J. Moran, t~is wife of
361 Shedd Ave., Melbourne, F1. 32901.
tfl no~s wsU kno~wn and lmo~wa to ms to be tbs individual3 dra~ib~d ioe and who e~~• ths tae~e~dt~ ~mtrum~at,
and acimawlsd~rd betora ms t]~t :GM~t. e=Kated tbs sam~ far tb~ pQpo~ ther~eiu rpy[Nwd.
wri'NESS mr b.na ana ot~ial .e.t chi. 15th `"•s~''ebrua~j A?7
~ V~ ~ ' - T.,~: ~ IY
A.
E E~~~ `~D . .
~ro1TIl1~S ' ~ I~py~e~ ' ia aql for
~ocE ~~T coua` -
c~E!? Yf
aF:eo , . d» ~cr .oa sc~. ~?r~...w.
~•11 362;384 ~ `~~r,';~ .ti,~,~::+~;-.~
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