HomeMy WebLinkAbout0393 - -
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occ~ roitR~?~ ,
!'IERK CIRCUIT COURT ~
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APR ~5 ~ ~ 1 S AN
364062 ~
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ahali have the optioa to receive and epply the same oa acco~nt of the indebtedneaa aecured 6ereby or to permit
~sid Mortqa~or to receive and u~e it or sny part thereot for other purpoees ~vithout thereby waiving or impa'ving
aay equity. Gen o~ right under or by virtue of this mortgage; and in the event aaid Mortgagor nlull tor any ee~soa
fail W keep the said p~emiaes so insured, or tail to deliver promptly any of etid policies ot ins~uanoe to said
Mortgagee, or fail pmmptly to pay fully a~y premium theretor, or in aay roapect fail to pertotm, died~arge. _
e:cute. etfect, complete, comply with and abide by this covenant, or any part hereof, aaid Mortgagee may pl~as aad
pay for auch in~urance or any paK thereof w~ithout waiving or aftecting any option, lien, equity or right und~ ar by
virtue of thie mortgage, end t6e fup amount of each and every auch payment shall be immediately due snd p~yable
and shall b~r intaceat from the date thereof until paid at the rate ot ten per centum per annum and together with
auch intereat ahall be eecured by the lien of this mortga~e.
To permit, commit or suffer no ~raste, impeirment or deterioratioa of said property or any put tbereof.
S. To pay aU and singular the costa, charges and e:pen~es, including ressonable lawyer's feea and co~t of
abstncta of title, incurr~d or paid at aay time by said Mortgsgee be+c.ause andior in the event of the fa~ure on the
psrt ot the said Mortgagor to duly, promptly aad fully perform, discharge, e~ecute, effect, oomplete, oomply with
and abide by each and every the stipulstiona. agreementa, conditioa~ and covenants of said promiesory note, and
this mortgage, any or either, ead said ewta, chargea and ezpen~es, each and every, shaU be immediate~y doe and
psyable, whether or not there be notice, demand, attempt to collect or suit pending; and the full amount ot esch
and every auch payment shaU bear interest from the date thereof until paid at the rate ot ten p~ o~tum pe~
annum; aad aU said costs, charges and ezpen~es so incurred or paid, together with such intereat~ shaU be eecured by
the lien of this morcgage.
6. T6at ial in the event of any breach of this mortgage or default on the part of the Mortgsgor, or tb) in the
• event any ot said sum~ of money herein refecred to be aot promptly and fuUy psid witl~in ten days nert aRer tl~e
same severally become due aad payable, without demand or notice, or Icl iu the event each and every t6e sti~ul~tions,
agreements, conditions aad coveeanta of ~aid promissory notc and this mortgage. any or eit6er. are aot duly.
promptly and tully per[ormed, discharged, e~cuted, effected, rnmpleted, oomplied with and ebided by, then, in eit6er
or any auch event, the said aggregate sum mentioned in said promissory aote then remaining unpeid, with interest
accnied, and all moaeys secured hereby. ~hall become due and psyable forthwith. or thereafter, at the option of aaid
Mortgagee, as fully and completely as if all of the said sums ot nomey were originalty atipuleted to be peid on
snch day. anything in said promissory note. snd or in this mortgag~e w t6e oontrary notwithstanding and
t6ereupoa or thereafter at the option of said Mortgagee, without notice or damand, suit at Isw or in equity.
theretofore, or t6ereafter begun, may be proaecuted as it all moneys ~ecured hereby had matured prior to its
institution.
7. That in the event that at the beginning of or at any tinne pending any suit upon this mortgage, or to fqecbse
it, or to reform it, and/or to enforce payment of aay claims hereunder, said I?iortgagee shall apply to the court
having juriadiction thereof for the eppointment of a Receiver, auch co~rt ahall fort6with appoint a Reoeiver of ssid
~8~ ProP~Y ~ and singalar. including all and singulnr the rents income profits. issuea and revenuee from
wiutev~ source derived, eech and every of which, it being e:pres,gly understaod is hereby mortgaged ss if
i specifically eet forth and de.xribed in the granting and habendum clauses '..=r_of. and such Reoeiver ahall 6ave
; all t6e broad and effettive fanctiona and powrers in anyarise entrusted by a rnurt to a Reoeiv~, and auch appointmeat
~ ahdl be made by such court as an admitted equity and e matter of absoluG : iglfc to said Mortgagee, and without
~ refaenoe to the edequacy or inedequacy of the value of the property mortgaged or to the eolveacy or insolvency .
~ of naid Mortgagor end/or of the defendants, and that such rents, profits, income, issues and revenuee s6a11 be apptied
E by euch Receiver acoording to the lein and/or equicy of seid Mortgagce and the practice of eoc6 oourt.
~ 8. lt ie understood and agreed that this mortgage is given to secvre, in addition to t6e note or obligation
above described any additional bnna or future advances made within twenty yeara from dete hereof by the mortgagee
to ~aid mortgagore or any succesaor ia title of said mortgagors of the property hereby conveyed; provided t6at tbe
Wtal un balance of indeb sec}~~d h •~ny one time shall not e:ceed the mazimum principal
.~c oi~ourteen ~`~ousan`c~°~ ~~la,~t~:8o -
~i 1, plua interest thpreon and any disbursements made by the mortgagee for the peyment of tues, levies or in~urance
on the property encumbered hereby, writ6 interest on such disbursements.
IN WITNESS WHEREOF, the said 1?tortgagor has execnted this mortgage under seal on the day and yeer Mrein
first above vrritten.
Signed, sealed and delivered in the presence of: •
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n_L__iJ.t~ r..~.~,. ISEAL)
~ ISEAL) _
~ rg . c s
~ STATE OF FLORIDA _
ss.
~ COUNTY OF S'T. LUCIE ~ -
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Before me personally ap~a Robert W. Ecki s and Margaret B. Ecki s, hi s wi fe of - .
13195 Arch Creek Terrace, No. Miami, Fl. 33181
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to me well known and known to me to be the individuai..~ described in end who e:ecuted the foregoing inst~m~nt.~ .
end acknowledged before me that ..~e..~/ ezecuted the same for the parpox~ therein ezpresaed.
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WITNESS my hand and official ~eal this 14th ~y of March is T~ . -
T' ~ ~
Notary Public in and for
the County and State Afor~aid.
~ My oommission ezpires: Aug. 7~ 1977 `
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