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HomeMy WebLinkAbout0903 - ~ r-~ C~ : 1 ~ ' ~ T' AT ~ , ? r ? s ( M r : ~ ~ ' ~i~ ~r~ ~~T ~ ` i UO~UMEN~I!~tY ~ - r,c;~VE~1/'f~0.........-- :~Y:.«~~ t: p 2. 7 0 t ',U a~ P$--'JUK-1'T~~~~~~.~?~ , ~Yf~ T I 'S~~~ _ ~sr-'-'_'~"_ ;n . 10 shall have lhe option to receive and apply the eame on secount of the iqdebtedness eecured hereby or to ~Srrnit said MoKgagor w receive snd uae it or any part thereof tor other purposee without thereby wdviug or imp~iring sny equity, lien or right under or by virtue ot this mortgage: and in tbe event sald Mortgagor shall for any reason fail to keep the aaid premi~ea eo insund, or f~i! to deUver promptly ~ay ot satd poticie~ ot iasuraace to said i Mortgages, or fail pmmptly to pay fully eny premium theretor, or ia any rospect faU w perforan, dlscharge. escute, etfect, complete, rnmply ~vith and sbide by this covenant, or aay part l~ereof, eaid Mortgagee may plaae and ~ paY tor such insurance or ~~y part thereof without wdviag o~ atfecting any option, lian. equity or right under or by virtue ot this mortgage, and t!?e fuU amount of each and every auch payment ahall be immediately due and psyabie snd a6all bear intereat from the date thereof until paid at the rete ot ten per centum per annum and together with such intere~t shall be ~ecured by the lien of this mortgage. 4. To permit, rnmmit or suffer no waate, unpeirment or deterioratan of esid property or any part ther~eot. 5. To pey aq and aingular the coets, chargee snd e:peanes, including re~aonable lswyer'a feae and co~t ot abstracte of title, incurred or paid at any time by said Mortgegee becaux andlor in tbe event of the ta~ure on the psrt of the said Mortgagor to duly. Pr~mpt~3' and tuUy perfo~m. discharge, ~ecuta. effect. oomp{ete. oomply with and ebide by each ~nd every the ~tipulations, agreements, conditione and ooveiunts of said promiasory note, aad this mortgage, sny or either, and said oosts, charges aad e~ense+, each and ewery, ahall be immedi~tely due and psyable, whether or not t~ere be notice, demand, ettempt to ooUeet or auit peading: and the fuU amoUnt of each and every such peyment ahall bear interest from the date thereof until peid at the nte of ten per centum per ~:~~u,: ~ a!! so;t3 ~~N. zi a:-~ ~ e~.svs ~ iacvrr~d w paid. W~ethe~i ~citn sucn iaisreafi.. s'naD be aecurea by the liea ot thi~ mortgage. 6. That la) in the event of any breach of this mortgage or default on the part ot the Mortgagor, or Ib) iw the • event any ot ~aid sum~ of mocey herein reterred to he not promptly and fully paid within ten days neit after the same severaUy become due and peyable, witlaut demand or notice, or (cl in the event earh and every the stipuLtions, agreements, conditioes and rnvenants of eaid promiasory note and thia mortgage, any or -either, ars aot dnly, promptly and fully performed. dixharged. ezecuted. eftected. oompkted, oomplied aith and abided by. then, in ~tb~ or any auch event, the said aggregate sum mentioned in said promissc?ry note then remaining unpaid, with intereat aocnK.d, and all moneys secured hereby, ahall become due and psyeble forthwith, or ther~fter, at the option of said Mortgagee, as fuUy and compk~tely a~ if all of the said suma of nomey were originally stipulated to be peid on such day, anything in said promissory note, and or in thi~ mortgage to the ooatruy notwithacanding and therevpon or thereafter at the option of said Mortgagee, without notice or damsnd, suit at law or in equity, theretofore, or thereafter begun, cney be prwecuted aa if all moneys secured hereby had matured prior to ita institutan. 7. 'lbat in t6e event that at ihe beginning of or at any tune pending any suit upon thie mortgage, or to foreclo~e it, or to reform it, and/or to enforoe payment of any claime hereundet, said Mortgages ehall apply W t6e oourt having jnrisdiction thereof for t6e appointment of a Receiver, auch conrt ahall forthwith appoint a Receiv~ of said ~8~ ProP~Y aU and singular. including all and ~ingular the renta income proBta. iasues and reve~nues trom w6ateve~ source d~ived. each and every of which, it being e:preaaly understood is h~eby mortgaged ae if ' ~peciScallY set [orth and described in the granting and habendum clawea '.~r:.o:. and auch Receiver ahall have j aU the broad and effeciii-e taaciians arui poRas in eny~vise enwated by a court ~o a Receiver. and auch appointment ; ahaU be made by such court as an admitted equity and a matter of absolut~ c igi:i to said btortgagee, and without ~ referenoa to the adequacy or inadeqwcy of the value of t6e property mortgaged or w the eolveacy or insolvency ~ of said Mortgagor and/or of the defendants, and that such rente, pro6ts, income, iasuea ~nd revenuee aha~ be appfied by such Receiver acoording to the lein aadlor equity of said Matgagee and t6e practice of auch ~o~rt. ~ 8_ It is understood end agreed thet this mortgage is given w aecure, in addition to the note or obtigation above dexribed any additional loans o~ futnre edvances made within twenty yeare irom date h~eof by t6e mortgagee ~ to aaid mortgagora or any successor in title of aaid mortgagora of the property her~eby oonveyed: pcovided tl~at tl~e total unpaid balance ot the indebtsdness ~ecured hereby a: any one time shall not e:ceed the maumum principal a~cot--$1,791.00--one thousand seven hundred and ninety-one--~u,r, 1: 1. plus intuest thPreon and any di~buraements made by the mortgagee for tbe payment of tazes, kviee or insurance on ~i+e Qrop~sty eaceambet~si hereby. ~eiih iai.°:~L on ~uch dis~sur~srse:.ts. IN WITNESS WHEREOF, the ~aid Mortgagor haa e:ecuted this mortgage und~ sea) on the day and year herein fvat above written. Signed, sealed and delivered in the presence of: / ISEAL) ' K ren A. arg t ISEALI . ~ - STA7'E OF FLORIDA ~ ~ COUNTY OF ST. LUCIE • ,.•j~. , • ~ . . ~ Before me sonall a A (`arcTi 1 1 nf 1484 N E 24th Ext. ~ 9J~G.~ ~y ~ P~ Y PP~~ -Ki~@A ~ ' . ~ Jensen Beach, ~Fl . 33457 - t~.•~~ , ~ . =r ~ to me well known and knawn to aoe to be the individual.S deecribed in and ~vho e:ecuted the f m ~ ~ r or'c8'o 8 ~1.. . ~ and acknowledged before me t6att..be.]l e:ecvted the aame for t6e p i u p o e e s t6erein e~ r e a e e d. ~'sI%~~%:•, ~ ' ~ WiTNESS my hand and official seal this 16 day of Februar lg 7~~~i".' 'r Y ~ t ' U it ~ .ti Noc.ry Pubuc in .na tor Sa ra `i. ardy ; the County and 3tate Aforeaaid. My oommission espires: ~ August 7th, 1977 ~ _ ~ - } _ ~