HomeMy WebLinkAbout0737 I
el a ~R~T ~aint
°`~''"r YE ~t IEO ~
Auc 26 8 s? aM'11
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s6aU have ths option ta receive and app~ the sams oa ~ooount of tl~e indsbtedns~s seeared bersby ar to permtt
said Mortgagor to neceive and uss it or any part thereof fo~ other pur~w~s~ witbout theceby waivins or imp~irin8 ~
any equity. liea or right under ~ by vireue of this woctgage: and in ths sveat said Martg~ s6a11 for aqy re~wn
fail to teep the said premises so iasured. or tail to delivet pe~o~nptbr aq~? ot s~id poliei~ ot inwraao~ W~aW
Matgages. or fatl P~oanP:ZY ~ MY ~Y ~pY P~~~m tl~erefoe. oi in any e+e~pect hii to pe~torm. dieebar8'~.
e:cuts. effect. rnmplete, oompty wtth and abids by this covenaak or anr part he~eot. ~aid blatlPB~ ~ P~~ ~
p~r tor sncl~ insuraaos or .ar pac ct~ereot .dcbouc ,:.Iviaa o~ .tfeetins aar oQtioa usa. equicy or rigl,c undee or bp .
virtus ot this mortBaBe. and t6e tull anwunt of esch and every aich payment at~all bs immedi~telY dw and p~yabis
ud s6~ll bear iaterest from ths date theroof until pdd ~t the nte ot t~ea pe: centum per aanum and togd,he~ with
auch interest abaU be secured by t6s liea oi this mortgags.
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4. To permit, oommit or wffer no w~sts. imPairment or deterioration ot said prope~ty or anlY P~ _ 's,
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b. To p~y dl aud singular the oosta. charges and e~ses. incl~din8 reasonabk lawyer's tess and oost af 3
abetr~ets of title, inaured or paid at aay t3me b~ aaid Ma~tgrg~ee beeaues aod/or in the sv~t ot tt~s tailure ua tl~s - `
part of tbs said Mottgagor to duur. pro~nptty ~nd tuU~' Perform. discL~rBs. e~tte. efteet. oanpleta, aanP~Y . '
and. abide by each ud ev~? ~e stipuhtbos. agree~nsnts. oooditiow ~ad oove~nts d said proonis~ory note. and ~
this mortgags, aay or ~t~,r. and eaid oosta. ch~rBes and aspease~. e~ and evee~. sbaU bs ~mmsdi~tetq dns ud
P~Yabls. whether ~ not there b~ notios. dem~nd. attetapt to oolkct or euit peading; and ths tull ~mo~mt oE e~ch
and every sueh p~yment ahall bear uite~eet trom tlie date theceof until psid at t6e rate ot ten per oanw~n par
annum: and a11 said coats. ch~rges and ~peaaes so ineuered ot p~id. togetl~ wit6 anch interes~, e1Wl bs secured by
the liea ot this mortgage. ,
8. 7bat lal in the event ot my bre~ch ot thia matgage or debiilt on tbs part ot t6e l~ortsagor. or Ib) in tbs
• event any of aaid aiims of mooey beeein refecred W be not promptly ud ta~ p~d within tea days nat aR~er tM
same severally become due and payable. witLout deinand or notioa or (c1 in t6s ev~t e~ch ~nd every the stipul~tions. ,
agreaae~ts. conditions and oovsnants ot s~id promissory note and tbis mo~. a~? or either. ~ not dal~?.
promM~Y ~~b? P~o~med. discha*~ed. ~eeuted. effected. co~mPieted. aomplied with and abi~dsd by. theo. ~in eitwer
a~ aq~? web eve~t, tbs said a~ate eum mentioned in aaid pe+omissory note tben remaining unp~id. wIth iaterest
aecr+~ed. und all moneys sec~ued 6~eby. a6~D become due and payabls fartbwith. or there~fter. ~t t6e option ot s~d -
Mortgagee. as tnUy and completely as ii el! ot the aaid satae of nomey were o~igiaalb etepul~ted to bs p~id on
sneh day. anpthing in said promiasorY note. and or in tLis matgag~e to tbe ooatnry notwithe~andin~ and
t6eeenpon or tbereafte~ at t6e option ot said Mortgagee. wlthout notice or dam~nd. suit at !tw ac in equitY. ?
thecetofae. or thereatter beg~n. may" be pcoeecated sa if all moneYe esciued l~xebY had matured prior to its .
ioatiq~~ioo. 2
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7. 7b~t in ths avent tlut at tbs begjnning of or at any time pending any s~rit npon this mortgage. or to taee]ose
it~ or to reta~m i~ and/or to eafa+a p~ymsnt oi anp cWms hers~mder. s~id Mactg~ges s6a11 apply to ths oourt ;
having jurisdkCion tlwreof. for the appointment of a Reeeiver. snch oo~u~i shaD tart6with appant a R~eoeiver d s~id ;
~8~ P~P~1 ~~~6~!L*• ~1~8 all and siagular ths reats inooma ~ofits. issues and re~veaues from
, wbatdver sonroe derived. eae6 and everq of whic6. it bein8 ~p~Y ~~Y
speci~aUq sec fasth _ and descn'bed in t6e granting a~ 6abmdvm cLusee 6ereof. aad a~uch Reoeiver pball dvs
~ dl ths bread and effective fanctioas and powers in anywise entrusted ~ by a ca~at to a Receiver. and such appointmeat
~ shall bs made by sneD oourt as an admitted equity and a matter of absolate eight to aaid Mortgagee. ~nd without
referenoe W the adequacy or inadequaey of the vdue of t6e Pf'oP«tY ~B~B~ or to the sol~eoc9 ar insolvaocy
~ of aaid Mortgagor andlor of the defendanta and that anch reats. Pe'o5ts. inoome. iseues and revennee shaII bs ~ppiied .
by sncD Reeeiver aeoording W tbe lein andlor equity of said Martg~gee and the praetice of snch oo~ut.
8. It is nnderstood and a~eed tbat this mo~tgage is given to sea~:e. in addition to tbe note ar obljgatioa ;
above de~eribed any additional lo~n.s ar futuro advances m~de within twe~ty ye~rs from daLe hereot bp ths mortgrgea i
to said mortgasors ~ a~? sacoessor ia title of said mortgagors ot t6e proparty 6ersby oa~veyed: Pepvided tLat t6e
total napaid bdanoe of tha indeb~+dnese eeeured hereby at any oae time sbaU not e:oeed t6e ms~mum pcmcipal
amoanc ot SEVEN THOUSAND NINE HUNDRED (7,900.00) vouars
(i 1. ph~s interest tb'reon and any disbnrsemeats made by the mortgsgee hor tbe psyment ot tues. isvks or ~ns~ranoe
m the property es~cnmbe~ed h~aby. with inteeest on snch disbureesneats. -
IN WITNE3S WHEREOF, t6e said Mortgagor has ezecnted t6is mortgag~e under sed on t6a daq and yesr herein '
5rat above written. ~
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3igaed, se~led and delivered ia the presenoe oL•
tSEAI.) '
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~sEwi.~ .
~ _ etha Lee Ep rson i
3TATE OF FLOAIDA ~
OOUNTY OF 3T. LUC1E
Bato~ ~.~.rea Ral ~h~onerson and Letha Lee Epperson , hi s wi fe of 3212
Martinique Way, Orlando, FL. 32805 •
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EO IDe 1~l~ kDOwn and ~m0~w0 t0 ms LO t~lE ~V~lla~ ~QL~~ ~ aDd wb0 eZ~C{i tfl! ~OPog~O~[la , •yry. .
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a~ acknowledg~ed before me t~t .x.bs.~/. ~ecnted t6e sams for tbs p~poses ther~n e ( 1
WITNESS IDj? IllDd ind Off1CLI sesl tldd 17th day Of JV ` _
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800K~~ PACE ~3~ ~ytfier~r~
e M.~C
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. ~ . . Sept. 26, 1980 ~
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