HomeMy WebLinkAbout0732 i~~~Cl~ COIIM~~?l4.
C1FRR~C RCUI1
QpUllt
. ~rr~~ VERIFI(Q~~
~AN ~1 8 3Z ~ ~8
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shall havs ths option to receive and apply the eame oa tuount ot ths inc{ebtedn~s~ sscursd M~eby or to permit
said Mortg~gor to ne~ve and uss ie or aay part thereoi tor other purpow withont tl~ersby wdv[ot or imp~iring
any equity, liea or right ut?der or by virtue of this mortgsgs; and in tAs ewnt said Martg~or shall tot any ~+s~aoa
rW to tsep the sald premi~es so insured. ar tail to dsliver promptty any ot ~aid polkie~ ot ia~uraoa W~tid
Mortaa~, or fall proeoptly to p~y tuUy ~ny premium theretor. ot- w any ro~pset fail to pertona, d{schary~s,
e~cute, etteet, compkte, rnmply with and ~bide by tAis eoveoaat, or sny pRrt Aereot, said Matgages may piaos and
p~y for sueh in~ur~nce or any part thereot w~ithout waiviag or ~Herti~g any option, lien, equity or rigbt under or by `
virtue of tQis mortg~gs, ~nd tbs full amo~u?t ot e~ch ~nd swry sucb p~ymsat ahall be immediately dw ~nd payabls
and slull bear iatare~t irom the date tAeneot unW paid ~t tM rate oi t~ per centum pr annuai and to~sthr with
such int.ers~t ehdl be sscured by Lhe lien of t~is mortgaga.
4. To permit, commit or suffer ao waste, in?pairment or deteriontioa ot said property or any part tbere~(.
S. To pay aU and singular the eosu, cMrg~s~ ~nd e:peasss, iactacting reaeonabk lawyer's tes~ and oost oi
sbstcacte of tiile, incurred or p~id at• any time by said MortQagea because aedlor in the event ot the ta~ure on the
part ot the uid Mort~agor to duly. Promptl~' and fyUp P~rlw~ra. disch~rg~• eiecute. sHect. oomPleN. comP~' wit1~
and abide by e~c6 ~nd every ths stipulations, aare~msaq, oonditioni ~nd omrei?ants ot said promit~ory notA, aad
thia aartgaRe. any or ~ther. ~ad said ooats. charg~a tnd ezpenses. e~cA and every. eh~ll bs iasmsd'ut~r due and
paysbk. whetAer or not t6ere be notiae. defloand. ~tteeapt to collect or auit pending; aad the lull amonnt of eacA
~nd every auch p~yment shall bear interest kom tt~e data t~ereof unW psir! ~t the nte ot ten pec ceatum per
annum: and all said cosq, ehargss and e:pen~ so incurred ar paid, t~eiher wich such inte~est, shall bs ~e~ce~red by
tl~e lien ot this mortgags.
6. Tdat 1~1 in the event ot any braach ot .thir mortaa~s or detauh oa the part ot the Moet~igrx. or {bl in t6s
• event aay ot said sums ot money heroin eefirred to b~ not P~'omPUY ~~+1fY P~ within tea d~y~ e+azt after tse
auns ssverdly beooms dw and p~yabM, witbout demand or notice, or Icl in t!?s sv~t e~cb and ev~r ths ~tipulations,
agreeao~entr. oonditions and oovenanq ot aW promiaw~ oot~ ~od t!~ mat~ass, my or either. ~rs not dt~+.
promP~Y P~~. ~d*6'~• ezecuted. eHeeted. oompkted, oaaiplied witA ~nd ab~ed by, tbeo. in dtli~r
or any such eveat. the said aggreg~te sum msntioaed in Mid promi~~ory nots tbee~ ramaining unpaid, wit6 intarest
aeerued. ~nd ~1 monsys secured hersby. s6all bseome due aud payabk forthwith. or thereaftar. at the option ot said
Mortgagee. ~s tully and oompietety as it ~ll of t6e ~aid wm~ ot oomey we:e originally ~tipulated to bs p~id on
auch day. anything in s~id pwmiwoty nou. aad o~ in this mort~s to tM eontr~ry aotwit6seanding, +ind
thereopon or thereatter at the option ot s~id Mortaaase. wttl~out notice ar damand. suit at law or in equity.
tberetofore. or the~e~fter begua may bs peoMCUt~d a~ if dl mon~ys Mcw~sd Mnby Sad matwd prbr W it~
~ insUtution.
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7. Tbat in the event Uut at the beginaing of or ~t aay tims pending ~?y suit upon this mortgags, or to torecbse
~ it, or to rstorm it, ~od/ot to enforos p~yment ot any cWms het~r, aaid Martgage~ shall appty W t,bs co~rt
~ baving )'uridiction th~teof for the appoint~nent ot a Reedvar. tuc6 oourt ~hall torthwiih appoint a R~ceiwr of aaid
i ~8e8~ P*'oP~tY ~U and singular. inchiding all and singulu the rents incame pro6ta. iasues and rrv~us~ irom
whatever soaree d~ived. s~c6 and every ot which, it b~tas ~pnMly underscood 'es 6eceby mortgaaed u if
~ epecifieally sst fort6 ~nd de~cn`bsd in the ~rrantina and luband~m cLwee herrof. aad euch Receiver ~ha11 bave
s all t6e broad ~nd eHective functions aad powero in anywi~e antrusted b}r ~ court, to a Reeeiver, and such appointment
shaU be ma~e by wch eourt as an ~dmitted equity and a matter of ~benfote right to eaid Mortgagee, and writhout
reference to the adequacy or in~deqwcy of the value of the property mortgaged or to the solveney or
ot aaid Mortgagor andlor of thr dete~ante, and that euch resq, profib, income, issues and revanuee sLall be applied
by such Receiver acaording to t6e lein ~lo~ equity of eaid Mortgagee and the praetice oi aacL c~ourt.
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8. It ie understood and agreed tbat thi~ mort~ags iu give~ w~scure, in addition to the nots ot o~iQation
~ above deseribed ~n~ ~dditiond bani or lbture ~dv~nas mads within tweaty ye~rs from date hereof by t6s mort~gee
! to said mort~agon or any suoo~ur la tftls of raid
morc~a~or. of cbe property beesby convcyea: provided ce.t c6e
toW unp~id balance ot the indebtedness sxvred bereby at any one tians ehall not e:ceed the um p~iacipd
.,~,nc or SEYEI~TeH~OUSAND TWO HUNDRED FORTY THREE and 37/100-(~7243.37
1= 1. pFns intersst ~nd any disMu~ements nude by the aartgagee ior the payment of tues. kviss or insuranoe
on the property eocumbersd hereby. with int,erast on wcA disborsements.
IN WITNE WHEREOF, the said Mortgsgor !us e:ecuted this matgage under se~! on the day and yroar herein
fvst above t .
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''~G L~~! ~LL~
- ISEALI
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' " ISEALI
an T. Quir ~
STATE OF FLOAIDA ~
COUNTY OF 9T. LUCIE
s~ton ~~~~.uy ,p~.~ Emr~ett G. Qui rk and Jean T. Qui rk, hi s wi fe of
4 Cocoa Palms Drive,Cape Canaveral, FL 32920
to me wsU tnown and imawn to e~s to bs t!~ indlvidual.s de~aribed in and wbo ~~ented the faee~oina i~WaM
and aclmowlsdg~d b~fors nos t6at .Fh,l... ~eented t6e wms ter the p~upoes~ tberein e:prss~sd.
~ ,~lOtii ' ' , . ~ - Ja
WiTNE93 my hand and of8e~al ~a~l t~., ~_~___._~'~day ot y
. ~ y"'-„•~ - ~ ~
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' ~ ~ r ' S . ' tiN~Coun~b~d
,9ta~~ei~ rine -Can a
0 R ~e . . ,
BQtht ~ pqGE ~ 1Kr oo~mj..~on espire~ . . , , i ~
. Sept. 26, 1980
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