HomeMy WebLinkAbout0863 . , r.-r`w =rr__- ~ 1 ' . . _J ~ (-l ~ ~IlI.;~A rol rs~
, _ ^ 1
~ ~ H~,- . O~~i~if CIRCWT ~OYIIT
i)OCUMEN?ARY. STl.M=~!i• ~ ~ ocGnRpvt~~?tE0
Ui J~P•_i)~ it%Y~tiUt 1
! JuA-]']7 itl:_.. rr ~ ~ 5. 1 5
~ _ , : ` , Ju~ t 12 0o PM'1T
• - ~a ' - ' ~':'.f _ I
, ~ _
. -'J • ~
~8484
sAsU have the option to receive and epply the seme oa aecount of the indebtedneas securod hereby ot to pecmit
said ~iortgago~ to receive and use it or sny p~K thereof for other purpoeea writbout thersby ~raiviag or impairiog
any equity, liee or rigAt under or by virtue ot this mortgnge; aad In ihe event said Mortgagor ahall for aay reason
fail to keep tAe said premises ao inaured, or tsil to detiver promptly any of said policies ot ina~uanos to s~id
Mortgagee, or tail promptly to pey fuUy eny premium therefor, or in any reapect fail to pertorm, disch~rge. .
e:cute, effect, complete, comply aith and sbide by this covenant, or any pert hereof, aaid Mortgagee may plaae ~nd
pay tor such insurance or any part thereot witlwut w~aiving or affecting any option, lien, equIty or right under or by
virtue ot this mortgege, end t6e fuU amount of each and every auch payment ShaU be ima?~diately due and payabb
and shaU beer interest from the date thereot until peid at the rate ot ten per centum per annum and together witA
soch interest ahaq be secured by the lien ot thia mortgage.
4. To permit, commit or autter oo waste, impairment or deteriorataa oi ~aid property or any part theceof.
S. To pay sU and ~ingular the costs, chargea end e:penses, including ree~onable lewy~'a tees and ooet ot
abstracts of title, incurred or paid at any time by said Mortgagee because and/or in the event of tbe taiture oa the
part of the uid Mortgagor to duly, promptly and fuUy perform, dixharge, ezecute, eHect, oompkte, oanply with
and abide by ach and every the atipulationa, agreements, conditions and rnveaaate of said promissory note, and
thi~ mortgege, any or either, and said costa, cherges and e:penses, esch and every, shall be immediateiy due and
peyable, wrhether or not there be notice, demand. attempt to coUect or suit pending, and the fuU amount ot e~ch
and every such peyment shall bear intereat from the date thereot unW paid at the rate of ten per oeatum per
annum; and aU aaid coste, chargea end e:p~xa so incvrred or paid, together ~rith such intereat, ehall be secured by
the Gen of thia mortgage.
6. That Ia1 in the event of any brench of this mortgage or detault on the part ot the Mortgagor, or (b) in ths
- event any of said sums ot money herein referred to be not promptly and fully paid within ten daye ne:t after the
same eeverally become due and peyable. without demand or notice, or Icl in the event esch and every the sti~ptl~tions,
agreements, coaditions snd covenanta of ~aid promiaaory note and this aw~tgage, any or either, are aot duty,
promptly and fully performed, dixharged, e:ecuted, effected, completed, oomptied ~vith and abided by, then. in either
or any such event, the said aggregate aum mentioned in said promie9ory note thea remaining unpaid, with interest
sccrued, and all moneya ~acured hereby, ahaU become due and peyable forthwith, or ther~ft.~, at t6e option ot eaid
Mortgagee, as fully sad rnmpietely a~ if all of the said auma ot nomey were originally stipulated to be peid on
such dsy, anything in said promis~ory note, and or in thi~ mortgage w the a~ntrary notwitbatanding; and
the~eupon or thereafter et the option of said Mortgagee, without notice or daa~and, auit at law or in equity.
theretofore, or thereaher begun, may be prosec,vted as if all moneya ~ecured hereby had matured prior to ita
institution.
TAat in the event tAat at the beginning of or at any time pending any suit upon thie mortgage, or to foreclo9e
it. or to refo~m it, and/or to enforce peyment of any cl8ims hereunder, said Mortgages ahall apply to the court
t~aving jurisdiction thereof for the appointment of a Receiver, such court shall torthwith appoint a Reoeiver of asid
mortgaged property a0 and singular, including all aad singular the cents incame profits, iasues and teveaues f~om
whatever ~ource derived. each and every of which, it being ezpresely underatood is hereby mortgaged as ii
specifically aet forch and dexribed in the granting and habendwn clauees :.er.of, and euc6 Reoeiver s6aD have
I all the broad and effective functions and powrera in anywise eatrusted by a court ta a Receiver, and auc6 appaintaient
' ahall be made by ~uch co~ut as aa admitted equity aad a matter of abaoluG r'ghi to aaid MortgageF and witl~t
I reference to the adequecy or inadequecy ot t6e vslue of the property mortgeged or to t6e aolv~cy or insotveney
~ of said Mortga~x andlor of the defendants, and that such rents, profits, income, issues and reveaues ahall be applied
€ by euch Receiver according to the lein andtor equity of said Mortgagee and the pnctice of auch oourt.
'i
~ 8. It is understood and egreed that this mortgage is given W~ec.vre, in addition to the note or obligation
~ above described any additional loana or future advances made witlun t~renty yeare from date hereof by the mortgagee
to uid mortgagora or any successor ia title ot said mortgegors of tlie property 6ereby conveyed: provided that the
tota! unpaid balance of the indebtedaess secured hereby a: any one time shall not e:ceed the ma:imum principa!
~ "m°°°cof Ten thousand four hundred seventy (10,470.00)-------------------- nov~
Ii l. plus interest thnreon and any disbursementa made by the mortgagee tor the paymenL of ta:es, levies or in~urance
on the proppsty encumbered hereby, with intere~t on auch disbursement~.
IN WITNESS WHEREOF, the said Mortgagor haa e:ecuted this mortgage under seal on the day snd y~r herein
~ first above written.
~ S' , se~l
d and delive~' th o ~ ~ ~
~ ~ G~'t j - ' C ~ • ~ ' ISEALI ~
- r ur . enson
~ ~ , , ~ ISEALI
~
~
STATE OF FLORIDA
~ ss.
~ COUN1'Y OF ST. LUCIE
~ Beiore me per~onally appeared Arthur 0. Benson, 50 Brook~ Street, Glastonbury, Conn.
2
~ (16033 ;
~
~ ' r;jr T
" to me well Icnow~n and known to me to be the individuaL.. dexribed in ud who e:ecuted the foregou~g ' ' ,
~ and acktwwledged before me that ....he.... e:ecuted the asme for the purposea therein espressed. " i~
- •
~ ` G,. ~~•iy ? .
19th Febr ~ - ~ :
WITNESS my hand and of~cial sea! this day of ~ .
~r
.
otary Publie in ' , ~
the County and ' . '
~ i - ~ F
~ ~~~irr r ~~~~..s°~.~~~ ~ `a
My oummisaion e~ ~ ~ ^ ~L~•`~;- ~
BOOK ~.Va7 P~ oV,1 ~ ~ .
9/26/80 : ~~r~~~~=~,~ti~~~ . ..Y. ~
-
_ , _
: . _ . . . ~r<.