HomeMy WebLinkAbout0805 . . . , . . .
A. T!•.at lef th• ~~ent ot ~ny D?esd~ ot tAta ~no~tg.ae or delautt on th~ p.ut ot Ne atort~ ~or, or tD?
iAe eve~t any ot ~aid aum.s ot monay here~n releRSd to be nat p~omptty a1d tully p~d w~thin tc~ daya ReKt
ettcr Lhe eams sevcratly Decom~ due u.~d payabte. without d~mand o~ not~te. oc 1t! in the tvent each o'ul e~ery
the ~t~puf,uon~, agrerments. tonJ~tion~ and ~ovenanb ot s~~d p~om~ssmy n~~te aad th~~ at~,~t~~e. any or e~:.tirr,
~re no~ du1y. promptly and lully pe~(orr+ted. d~xha~ged. executeJ. e[[~cte.l. com~letecl. torapl~~d kith +?nd eD:drd
by. thea. itt e~thes oe eny suth event. the ss?d ~ggreoate sum m~~nt~nneJ in s.1~3 p~om?ss~ry ~ote thrn rcrosi:s
un~a~d, w~ih ~nta~e3t a:ccur.~, a~id all tnoney~ seture~ h~~eDy~ slall Dccorne dur xnd pa)ab:e to~Gti:v~~R~ o: tF:er~.
attr-. ai the option o~ said Z~o~tg~Rre, a~ fully and compfetely as U all o! the said _urus ot ~oaey ..e~e on; in:?!ty
at~pulated to be pai3 oc~ such d~y. a:?ything in aa~d prona~.:o~y note, an~1 or In t`~i~ n~orts:~ge ta tre contta:y r.ot-
v?~thstanding; a~d tha~eupon or ther~wtter at the oPtion ot said 1?IortoaKee. ~~•ithout not,ce or d.ma.nd. auit wt
law o~ irt equity. theratoto~q ot thereatter beEun. may be prosecutrd a9 all rnoney~ securetl he~eby rad c.zstured
p:ioe to its ln~titution, ,
4. That !n lt~s event that at tT~s Oeginaiag ot or nt u?y tlrne pending any suit upan thl~ ntoir'gage. or to
toreclo~e it~ or co retorm It. and/or to enio~ce payrrtent ~ot any claima i~enunder~ ~aid I~tort•;soee a`~alf npply
to the-tou~t having jurixlictlon tl:rreol to~ the appo7n•.mrnt ot a Recr~vr~ ~~ch couri shalt lor[hwit8 ap~o:nt
w~ Receivee ot ~aid moltgsgsd propecty all end a~no lar. inclnding all and aingulat thr reaLa. incerze. proGt~.
f~ue~ eu~d revertuea trom whativer source denved. ea~n and every of ~~hich. it es~ng expres~ly ur.derstood. 1a
rereDy no~t~,ag•d as i~ apeciticalty set torth and da~cz~Led in the Rrsn:ing and habendum etzwr~ herrot, and
auch Receiver shall hsve all th~ Dmad and e(tective functions and pcr~:era in xn)~~ise entruated by a court
to a Receivee. ~nd ~uch appointmeet ahalt be mad~ ~y auch court s~a an admitted equfty a.1d s matter ot sD-
aoiute right to aaid I?tortgsgee. and w.lt~out rete~enee to tAe adcyuxy oe inadequacy o( the valae ot L'.:e pcop-
erty mortgaged or to th~ solveney or insolvency ot ~aid 1?tort~a~COr and/or ot the dtte~da.~ta, an~ that ~uch
rent~ prot~tsr fncorne, issu~a and re~~enue~ ahall De appl~ed by ~uch i;ecei~er accoc+ding W Lhs lisn aud/or equity
- ot ~aid bto~taage+~ and th~ practic~ ot such court
.
above descc's ~ r-additiQpal loana or future adva~ces m~de within twenty years t~om date fiereoi by tht
mortgagee to faid mo~tgagon or ~rqr ~utcessur in title ot said mortgagors ot the DmpeKr heceby conveyed;
providecl that the tota{ us~paid balar~ce ot the indebtcdnss's secured hereby at any one tiene sha11 not exceed
the maximum principal amount oi _ _ . _ . _ _ . . . . . . Dotian
(s plus interest thrreon and any disbursemenb made bv the n+ase~[a~S_~r th~ pay-
.,on-~-~rop~sty~ ~acunnbered-herab~r.-_~rith.iaatssest.
IN W1Z;~lES3 WHERLO~', th~ saW b[orta~oe Da~ ~xecuted thia mostg~~ undsr oeai on th~ dsl? and yeat
IIereia iirat ubov~ t~?tiitss~ _ • - .
3tatsed. ~ealsd and d~li~ered tn !h~ pre~nca oi: '
~ • F LLO ~ j'r~ E~XCt~ .
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' BETfY 1'ELLO f1lED AMp AECOROEO
~ • ST. LUCIE COUNTY fLA.
• ~ - " ROCER PpITR,~s
G~EQK CIRCOtT COURi
. `'+?~~''`;Ql~ . . r~tEJ~~ -
STATE OF..--.-*- .~tnri.ia ~ Q~T 16 IO 3~ HH ~
COLJ,VTY OF ....~L. / / rGG~ ~ ~ - - ~
Eeiors m~ p.r~wsavy sppesr~d- Fr~ D. Costel.~~ Bet~,y Cost@l~„Q ~
___.__._._.._.r
to me well known an3 known to me to be the individualg deseribed in end who execvted Lhe torrgoing lnahv-
ment, and acknowledged betore me thnt .Y.he,~C. exctuted the s~me tor the purpwey therein expre~.sed. _
~ ~ o~ ? D~,G'~J
W1TrTES9 rs+~ husd anc~ oiflc;~?1 rce2 t?a.iX ~ y . 19~7
~
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. No Public 1n and ia~r
' - ~ the County u~d St~ta A,fonesdd.
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• l~ty cO~nmfssion expire~: 'yti7~
~ ~ y ~
ATE OF..~. -II
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~ Cp F._. s~ • _ . ~
~s
~ Befors mc ~onmlly ~ppetred_. r--- ~ ` j . J - '~.-~G•~ _
-iT.~...._........»"_......_.... -~r.-....---•--__- • 1A ID6=:Rtu ~OMl1'1 ~ • '
known to ms to Ds lLc Prca:de:.i r.rd---_.~..._....~--..___~.._.__._._._..._....._..._.-~ ..t.'~tttie~ l~~4~~~`:
_ .
' bTia1~
re~peciivEly o[ ................._...------.~_..r--- tt?a t~lt~toerf~ll~:~
~arr.ed tn the to~egoin}- insteument, u~d l%ri~~n i~ sne e Use pcrcons who aa duch otAeers of ~sld cot, oration,
execuL..d lhe ~ame; and thcr~ a.~d there ths eat~i...._._.._-.------•---•- -......_._-.~_._...~...___.___.....~._._~,a.ad t2:c ~atA
~ dTd nckno~e•]at~a beforn r.ryc Llwt aald
frutrur: cnt 1~ the fr~e act e:.d dced of ~a7d «r~.a:rt2cr, by L`.czn rr~~ecil~~ly uted c9 a'sch c.fLtcc:s for t;.+:
~ pur}~o~%~ t1~er!in tXjfT[t!r;f; thr?t thc a~nl tterr:r,;n att.=.: the cc~ ~:orate s- ' th~tn 1:i llY.e ca, aclty r!• -
tuc!d; r1! under r.uthorlti 1n L?em Caly ~•cs:c3 by thc ?'oarc; 1': reeto: ti e( sr?1~1 r~o , o: 3.
~ iV1TI~'F.S9 my hr.nd and ote:cirJ aeal th,a ..__.._--.....dwy a!_._w_~...-----___~.....----_ 19.~_
~ . -
~ T::.trrry P~:'.,1ie In ev~d tor -
~ ' U+n C;o~L~iy r~+d :,tatv Jt:~rc~wfd
My com.-stl~~lon e;p{res:
goac276 Pac~ 8~4
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