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Home My WebLink About0892 ~ 1 At ~ OlfRll CIIlCIIIT COI:Rt vtp~FiEO.....,~...,.. JuH T 112s PM'11 ~~~8503 sluU have the option to ~eceive and ~ppty tAe same on acoount ot the indebtedness sseurod hereby or to permit eaid Mortgagor to receive and use it or ~ny part thereof tor otl~ putpo+es without thenby waiving or impairing aay equity. lien or right under or by virtue of this mortgrgs: and in tl~s eveat s~id MottRagot sl~aU tar any e~son feil w keep the said premises so insured. or fail to deliver prwnptty any of s~id polieie~ o( ina~ranoe W~aid Mortgeges. or tail promPtlY to WY ~Y any premium thesetor. or in ury rospect fa~ W perfoRa. discharge. ~cute. ettect, compkte. oomply with and abide by this covenant, or any p~rt .I~eot. said Mottsages a~y pltoe and paY for such inau~~nce or aay p~rt the~eot witla~t waiving or aHectinB aay optioa, liea, equity or rigAt nnder ar by virtue oi thi~ mortgage. aad the tuU amount of e~ch aad every auch payment sl~aU be immedLtelp due aad p~yabls and shaU bear intereat trom the date thereof until paid at ths rate of ten per caentum psr annum and together with such ii?terest shaU be secured by the liee ot thls mortgage. 1. To permit. commit or suffer no wesste. impairment or deteriontaa of aaid property or any p~rt tl~ereof. 5. To pay aU aad singulu the ooats, eharges aad e:penssa, including re~eonabb lawryer's fees and cost ot ' abstracte of titk, incurred or paid at any time by aaid Mortg~gee becauee andlor in the event ot ths tailurs o~ the ~ put of the ssid Mortgagor w duly. pmmptly and inlly psr[orm. dixharge. e:ecute. effect. oompkte. oomply wit6 . and abide by each and every t6e stipulatioos. agteements. coaditions and coveAaats ot said promis~oey ~wte, and ~ thia mortgage. sny or either. and aaid casts. c.harges and e~penssa, e~ch and every. sha11 be immsdi~tely dne and (J, paYabk. whether or not tsere be notioe. dezmnd. attempt to colieet ar suit pending; and the full amamt ot e~cb ~ and every such payment s6all be~ar interest tram the date tl~ereof onii! paid ai Wa rate of tea pa esatum pa n annum: and all said eosta. charges and e:penses so ineurred or p~id, together writh auch iatereat. shall bs eecured by ;~.t~ l t t the liea of thia mortgage. ~ J~. .':z.'`~?: : : i~~` 6. That Ia1 in the eveat of aay breach of thie mortgage or default on the part of the Mortg~gor. or tbl in t6e i~.-.~!',1.,r' • event any of aaid aums of money herein eefecr~ed W be not P~PVY ~Y P~ within ten days ~t afcer tbe ~ it same severaUy become due aed p~yabk. witlw~t demand or notice. or IN in tl~e eveat eac6 and every tbs stipulations. y agreemeata. coodition~ and rnvenanta of s~id pramiseory note and this mortgage, any or eit6er. ars not d~ly. `2' z^ P*~mPUY ~~Y P~~~. ~~*B'~. e+iecuced. eNected. oompkted, oomptied with and abided by. tbea. in eitFier W~ i~ _ or any sueb event. the aaid aggregate sum meationed in aaid promiseory note t6ea rea4aining unp~id, with intereet ~-LL'~i ~ accrued. and all moneya aecured hereby. shall become due end payable fathwith. or thereafter. at t.he oQtion of said Q~ t~! I I I Mortgagee. aa tuUy and compktdy as if aU ot t6e said sums of nomey were originally atipul~ted to be p~id on i~-- j~~ a`-_ auch day. anything in aaid promissory note. end or in this mortgage W the oontrary notwithstandin~ aad ~ - ther~poa or thcre.fter at t6e option of said Moetgagee, without iwtice or damand, suit at law or in equity. I f i i I f t, theretotore. or the~eafter begun, may be proeecuted aa if all moneys secured l~ereby had matured prior to ita InELICRC~O[I. r ~ S~ Q v 7. That in the event that at the beginning of or at aey time pending any auit upon thie mortgage, or to toreebee --~`~yT'r'= it, or to reform it, and/or to eniorce p~ymeat of any claims heteunder, ~aid Mortgagea ahall apply to the ooort having jurisdiction thereof for t6e appointment of a Receiver, suc6 oo~rt shall fort6wii}? appoint a Rece~ver ot ssid ~8~ P~oP~Y all and singular. including aU and eingular t6e reate income profits. isaues and revenues from . whateve~ eouroe derived, e~ch and every of whic6, it being e:pressly anderatood ia hereby mo~tgaged as if apecifically set forth and dexn'bed in the granting and babendnm cla~nes hereof. and snc6 Receiver shall hare aII the broad and effective tunctions and powers in anywise entiusted by ~ oourt w a Receiver. and suc6 appointment ~ ahall be made by such co~ut as an admitted equity and a matt~ of abeotate right to eaid Mortgagee. ~ witMnt j refereoce to the adeqnacy or inadequacy of the value of the property mortgaged or to the eolvwcy a insdveaey E of ~aid Mortgagor andlor of the defendanta. and that euch renta. profits, incoma isfiuee and revenues shaD be apptied ~ F by avc6 Receiver acoording to the kin andlor equity of said Matgagee and the practioe of eucb oourt. i ~ 8. It ia understood and agireed that thi~ mortgage is given to seeure, in addition W the tate or obligation above described any additiond loens or tuture advanoes made within twenty yesrs from date hereof by the mortgagee to said mortgagors or any auaxssor in tit3e of said mortg~gors of the property h~reby conveyed; provided tLat tbe total unpaid balance of the indebtedneae secared h~reby ~t any ooe time ahall not e:oeed the ma:imam principal °'°°""c °E THREE THOUSAND. E~VEN~HUNDRED SEVENTY (3,770.00) ~ li 1. plua interest thPreon and any dra te made by t6e mortgagee tor the payment of tuea, levies a insiuance :,r. ~~~c N~:,~r;.y encum'oereu nareoy. wiin ms~est on aucn ~oursementa. IN WITNES3 WHEREOF. the said Mortgagor h~s e=ecuted this mortgage under neal on the day and yeu herein firet above written. Signed, seskd and delivered in the prese~xe of: ~ . e (SEAL) ~ G _ ~ -Q- _ C_ L ~ L 13EAL1 . ~ Mildred Jean Ken y ~ SCA'1`E OF FLORIDA - ~ OOUNTY OF ST. LUCIE ~ ~ Before me pereonaily appeared Donal d H. Kenny and Mi 1 dred Jean Kenny, hi s wi fe ~ y.,•: " ~ . ~ • i:.?i~itjj of 304 Pine St.. Manistee, MI. 49660 , ~y rc ? ~ f _ '~+9 LY~ :~lT. ~ l~ . ~Y~e • ~ ~~~4`. . f~=l,s~'t .s ~3 ~ ~ . to me well known and imawn W me to be tbe individualS described ia and who ezecuted the fo~ego~ng ' k f .js; ``s'~;,j`• ~ and aelcnowkdged before me t6at ~.6e~1. ezecuted t6e same far t6s p~upoeea tlKrein e , °~(=.''T ~ ' ~ ~ <<.~~~ ~ ~ , ~4~ ~ WITNES3 my hand and official seel thia _v~ lJ day of r' .i:' ~ _ ~ ` ' ' + r' ~ Notary Pnblie in and for , ~_f:u~: the Ca~nty and 3tate Afores~id. ? r: J. i~~'~~ ~''~j `5;t ` f~:~ ~ ~ r~ p C~theri~e~M antara _ t ~•:t:?+,~~~w BOOK ~~t`7 PACE v~ r eo ~ : ` ' Sept. 26, 1980 ~ . ~ _ . - . ~ . _ - _ . - - _v_~r