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Home My WebLink About0886 - ~~~~O~U~TIr~/l~ QCEl1'pltllAi STAT E;~ F , 1 ~ CLERR CIRCU~t cou~T nc.)CUlv1'EN;n~ Y , ~,~_~:_nr s~ ~ r. ~ ~ ~ rt~~iiiEO~ .<tvi...,~; ` ` . ~ PN'11 s _ , .~:;•;;;,i.~ ~ 0 5. 2 5 ~ .hi.~r T 12 ~q = JUM-:'77 ~ ~ ~ ~ a ',~i,~' - . ~ _y°"--.~-------) ~7 ~8~99 _ ~haU havs the optan w receive and ~pply tt~s eame o~ accoua! ot ths indebtedneas secured Mreby or to permi~ said Mortgego~ to receive and use it or any part theroot for other purposes without thecsby w~iving or impeiring any equity, lien or right unde~ or by virtue of this mortg~ge; u~d in ths eve~t said Mortgagot shap tor any rsa~on tail to keep the said premisea eo ioaured, or fail to deliver pwmptly ~ny ot aaid policies ot inwranoe W e~id Mortgages. or feU promptly w pay tully any p~emium theretor. or in aay respsct fail w pe~iorn~, discharge, ~cute, effect. compkte, comply with and abide by this coveaan~ or aay part hereot, said Mortgages twy plu+e and psY tor such insurance or any pert thereof ~vithout waiviag or aftecting any option. lien, equity or right nndet or by virtue of this mortRaRe, and tde fuU amount oi each aad every aach payment shaU be imenediately due ~nd p~yabie and shaU bear intereat from the date thereof unW pald at the nte ot t~n per ceatum per annum end together with auch interest shaU be ~ecured by the lien of thie mortg~ge. To permit, commit or suffer no ~raste. imp~irment OT dCL@r10riC10Y ot aaid property or any p~rt, thereot. 5. To gay a!t ard singular the ra3is. thsrg~a snd ~paas~. includ~r~g r~~oua~bk ta~ry~b [ees u~d oost oi abstract~ of title, incurred or paid at aay tia~e by eaid Mortgagee because and/or in tlb evont of the taDure on tbe part of the said Mortgagor to dulY• Pro~~Y and tuUy perform. disel~arge. ~ecute. eftect. oompl~eta. oomp~r with and abide by e~ch aad every the stipul~tions. agroemeets, conditions and covenanta of said promissory note. and this mortgage, any or eithar, and aaid oosts, c6arges aad ezpensee, each and every, ahall be immediateiy due and peYabk. whether or not t6ere be notice, deinand. attempt to oollect or suit pending; and the tull amount of eech aad every auch p~yment ahall bear intereet fmm tl~e date thereof until paid at t6e nte of ten p~ oentum per annum; and all aaid costs, charges at~d e:penses ao incurred or psid. together ~vich ~ch interest, alull be secur+ed by the lien ot thia mortgage. 6. That Isl in the event of any bre~ch ot thie mortgage or default on tl~e put of the Mortgigor, or 1b) in t1~e ~ • event any of ~aid sums of moaey herein referred to be not P~P~Y ~~1Y P~ within ten days nezt aftet tbs same sevenlly become due and payable, without demand or notioe, oe Icl in the ev~t each and every the stipulations, agreeaients. conditiona and rnvenanta of s~id promissory note and thie a~oitgage, any or either. are not daly. PromP~Y and tully performed. discharged, uecuted. effected. oompkt~ed. oomplied witb and abided by. then. in eit6er or any such event. the aaid aggregate snm mentioned ia sud promissoty not~e thea remaining uap~id, with mter~est accrued. end all moneya ~ecured hereby. abaU become due and payable forth~vit6, or thereafter. at the option of said Mortgagee, s~ fully end completely as if all of the s~id sums of nomey were originaily etipulated to be paid oa such day. anything in aaid promiasory note. and or in t6ie mortgage to tha coatrary notwithatanding, and there~pon or thereaft~ at tha option of said Mortgagee, witho~t notice ar damand, suit at law or in equity, theretofore. or th~esfter beg~n. may be prosecated aa if all mo~eya eecured hereby had matured prior to ite inatiWtion. 7. T6at in the event that at tbe beginning of or at any time pending any auit upon tltis mortgage, or to fa~acio~e it, or to reform it, and/or to enforoe payment of any cWms hereunder, said Mortgagee ahall ~pply to the oourt having juriadiction thereof tor the appointment ot a Receivc, such oourt abai! torthwith appoint a Reoeiver ot aaid ~8~ ProPe*~Y all and aingular. including all end singular the rents iiuome profits. issuee and reveaues from . whetever sonrce derived, each and every of which, it being e~re.ssly anderstood is hereby mortgaged u if , -~+!c~i'sr~~.!!y _a! !^-ih aad d~xsibed ia ilss granting snd ttiabsndiun c2ausas 1,~of. and auch Receiver anaIi oave k a11 the broad and eHective functions and powers in anywise entn~e~d by a court to a Receiv~. and auch appointment ~ ehall be made by anc6 court as an admitted equity and ~ matter of abeolntr right to naid MortgegeG and witLout ; reterense to the adequacy or inadeqwcy ot the value of the property nwrtgaged or W the solvency or ineoiveaey ~ of said Mortgagor and/or of the defendanta. aed that such rents. profita, income, ise~ and revenuee ehaII be app~ied by wch Receiver according w the lein uedfor equity of said Mortgegee and the pnMice of anch oo~u~t. ~ 8. It ia understood and ~ agreed that this mortgag~e ia given to secure, in addition to the note or obligation above deacribed any additiooal loans or future advances made within tw+eaty years trom date hereof bq tbe matgagee ~ W said mortgagoro or sny aaoceseor iu title of said mortgrgors of the pro~ty herebq oonveyed: provided that the ~ total unpaid belance ot the indebtedneas secured hereby aL any one time shall not e:oeed the ma:inoum principal ~cor Three thousand five hundred----------(3,500.00)----------------- nou.~ ~ li 1, plus interest thpreon and any disbureemente made by the nwrtgagee for the payment of tuea, levies or ins~uanoe Fr~SiY ^!'z'siuu~s~3 4~.tz~by. ~:Lk u~:,~-~sL aa ~:~.h ;;a:~u~r.;eat~. ~ I ITNES3 WHEA~OF, the said Mortgagor han e:ecu~ed thi~ mortgage under eeal on the day snd year herein ~ firat e written. ~ ~ ~ - , S' aed delivered e p ! ~ j' ~ ~ ~ r~~ n - ~ " S . _ I : ~ ISEAL) / ~ _~j . , . 13EAL1 ~ Dianne M. Somers ~ STATE OF FLORIDA 4 s~. ~ COUNTY OF S7'. LUCIE ~ ~ ~ Before me persoaally appeared Thomas A. Somers and Dianne M. Somers, his wife ~ ~ ~ of 7244 Owen Drive, Kalamazoo, MI 49009 _ ~ ~ c ` ' ~ ~ to me weU krawm and Icnawn W me to be the individual? desen'bed in and wbo e:ecu e~ and ackuowledged before me t6att e:ecuted tbe aame for tl~e ~ ••'Y-=.~-.'••. ~ p~upoees tl~erein e _ . . ' ~ ; : : "~R WITNES3 my hand and otficial seal thia ~6 day of ~r "C; F ' ~ , _ ~ . ~ ~ °"-~aed_~ ~ L~ ine . Hatton che Cau~~ ~ ~ aooK 269 PacE 884 - ~ .7. ~'~P~• ~ i ~ ~ - ,r OIBO , . , - . ~ -