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HomeMy WebLinkAbout0874 TATE= ~r ~ f : i ci-~r~~ [ TAUY. ~i't:M:• 1 !~4 . ` a., 1.: 'f :~f r1EVk.NU: . ~ ' ~ " _ ~~r•rir 'a'`~~ ~ ~ 2 0 1 '~~N~tuA: ~ ' ' ~ " = ~~e~~ ~ ~ ~ RR Cl~t COYtt1 " ^,i :~r~ vt vu: ; ~t ~E ; C~un y~d~rl D < c _ - - - .ux-r•»' ~ ~ 4. ~ ~ ~ no ~ fl ~~1 ~ Pg ' ~ _ - + Ju.. l 12 3~49~, . ahaU have the option to receive and apply the same on account ot the indebtedness secured hereby or W permit said Mortgagor to receive and ux it or any part theroof tor other purpoeea witlaut th~eby waiviag or impairing any equity, lien or right under or by virtue of this mortgage; and in tbs eveat said MortRagor shall for uiy reason fail to keep the said premi~e.+ eo insured, or tail to deliver pTOID~I~I AAy ot a~id polieie~ o! ieuuranos to wd Mortgagee, or tsil pmmptly to pay tuUy ~ny premium therefor, or in any respect tail to pertorm. discbug~e. e:cute, efiect, compkte, comply with end abide by thts rnven~nt, or any part he~eof, said Mortgagee may plaas and psy tor auch in~urance or sny pert thereof witho~t ~raiving or affecting aay option, liea, equity or right under oe by virtue ot thi~ mortgage, and t6e full amount of each and every such paymeat al~all be immediatety due and p~yab{s end shell besr intereat from the date thereot u~til paid at the rate of ten per cenwm p~ annum and together with such intereet ahall be eecured by the Ikn ot this mortgage. To permit, oommit or aufter no ~va~te, impairment or deterioretaa of said property or ~ny part tl~ereof. S. To pay atl and aing~tar the coets, chargea and e=p~nses, includin~ r~sonabie iawyer'a feee and oost oi abatracte of title, incarred or paid at any time by aaid Mortg~gee becauee and/or in the event ot Ws tailun on the part of the ssid Mortgagor W duly. promptly tad tuUy pecform, discharge. ezacvte. eHect. oomplete, oomply with and abide by each and every the atipul~tioa~, egreements, oonditioas and oovenants of said promissory aote, aad this mortgage. any or either. and said ooats. chugee and a:peases, e~cl~ and every. s6all be immediately due and ~ psyable, whetAer or not there be notice, demand, attempt to col{ect or euit pending; and the full amount o! esch and avery such payment ahell b~r intereat from the date thereof unW paid et t6a nte of ten per ceatum per annum: and all said coat~. chargee and ezpense~ so incurred or Mid, together with such interest, sha11 be secured by the lien of thi~ ~nortqage. 6. TMt 1~1 in the event of aay breach of this mortgage or def~utt on tbe part ot tbe Mortgigor, or (b~ in t6e ~ • event aay of said auros of awney herein referred to be not promptly end tully paid within tan days nazt after the aame severaUy become due and p~yabk, witl?oat demand or notice. or Ic? in t6e event eac6 and every tba etipul~tions. agreements. condition~ end covenanta oi said pmmissory aote ~nd thie mortgage, anq or at6~. ue aot duly. promptly and fully performed. dixharged, e:ecuted. eifected. oompkted. mmplied with and abided by. then. in either or aay sucb event, the said aggregate sum meationed in eaid promisaory iwte the~ remaining unpaid, witb intereat accrued, and all moaeya secured hereby, shell beoome due aad p~yable fathwit6, or t6~ftar, at t6e optioa of a~id Mortgagee. es tully and completely aa if ell of the eaid aums of nomey wrere ociginatty atipulated W be p~id on such day. anything in aaid promissory note. and or in this morLgage to I.be contrary notwithstanding and thereupon or t6ereaher at the option of said Mortgagee, without notioe or damand, auit at law or in equity. theretofore, or thereafter begun, may be prosecuted aa if all moneya seenred bereby had matured prior to ita inatiwtioa. 7. That in the event that at the beginning ot or at any time p~ding any auit upoa thie mortgage, or to forecbx it. or to reform it, andior to enforce payment of any clauns here~nder, said Mortgagee shaU apply to the oonrt hsving juriediction thereof for tl~e appointe~ent of a Receiver, auch oourt ehall forthwit6 appoiat a Reoeiver of aaid ~8~ ProP~Y sU snd singular. including all and aingular the rents ineoma profits. iesues and revennes trom whateve~ source derived, each and every of which, it being ezpresaly anderatood is hereby mortgaged as if apecificallY set forth snd dencribed in the gtanting and lubendum clsuses hereof, and euc6 Reoeiver shell 6ave ~ all the brosd and effective functiona end powrers in anywise entruated by a oowt to a Receiver, and auch appointment shall be made by auch co~ut ss an admitted equity and a matt~ of absolute right to said Mortgagee, avd witbont reference to the edequary or inadeqwcy of t6e vatue of the property mortgaged or to t6e soiveacy or insdvency ~ of eaid Mortgagor and/or of t6e detendants, and that sue6 renta, profits, inoome, ieaues and revenues shall be ap~plied ! by auch Receiver according to the lein andlor equity of said M and the , orcBaB~ practme of auc6 oo~u~t. ~ 8. It ie understood and agreed that thi~ mortgage i~ given to secure, in addit'an to the note ar obligation ~ above deacribed aay additionsl loans or fuwre advaacea made within t.venty yeere from date hereof by the inortgagee ~ to said mortgagors or any sucoeasor ia title of said mortgagors of the property hereby oonveyed: provided t6at the ~ ~n~t ot~ TNO THOUSAND SE~ N HUNDRED Ej aGNTYy one time el~uu~780 the ma:imum princip~! (i plne intereat tboreon aad any di~bureementa made by the mortgagee for t1~e peyment of tases, kwies or insurance on the property encumbered hereby, with intere~t on auch diabursements. 1N WITNES3 WHEREOF, the said Mortgagor haa e:ecuted thia mortgage under seal on the day and yeer 1~erein fir~t sbove written. Signed, aealed and deGvered in the preaence of: ~ ~ ISEALI ' r omp ~ (SEAL) ~ Donna L. Thompson - STATE OF FLORIDA ss. ~ COUNTY OF ST. LUCIE ~ ~ ~ Before me peraonally appeared Robert E. Thompson and Donna L. Thompson, his wife of ~ i i~ • i ~ 304 SW 7th St., Delrav Beach, FL. 33444 , ' § ' rij-~ : ~ ~ o. 1~ ~ . . :i~ ~u' ~i~ ~;.:i.. ~ to me weU Icnowm and known to me to be the individuaLS dexribed in and w6o ~ecuted the foregoing t~j ~ and acknowledged before me thatt...he.~l. e:ecvted the same for the purpoees therein e . ; ~ WITNESS my 'hand aad official seel this 3rd ~y of {~1" : o;,''~ ` _ ~ : ~ . . . . : • ~ ~ Poblic in aad tofJ „~.'••~:..~•~~`y~~~`~ ~ the County and 3tate. ..Aiai~~; : ~ ~ : p +~trtt~~N•t~`~ ~ 600K26g PAtE O~ ~y~h~~~~Antara ~ Sept. 26, 1980 ~ . ~_r„ __z . ~z _~K