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Home My WebLink About0759 a~ C 2 4 1971 i~i °u~i'"~ou~T~ F~A. CLE RaC1ACU1 COUAT "=^OR'i vERiFIEO,~.,~,~ ~ ~AN I1 8 33 ~ ~1~ `~y~40;~ sl~all luve the optioa to reeeive and apply the same on account ot the ?ndebtednee+ eecured hereby or to permit s~d Mortgagor w receive and use it or ~ny part thereoi f~ ot!?~ purpoees without thereby w~iving or impairing a~r ~uicy, lian ar rigbt under or by virtue ot this mortgage: ~nd in the event said MorEgego~ shail tor any reason ta~ to kesp the said premi~es so insund, or f~il to deliver proaaptty sny ot ~aid policiee ot iasuranos to eaid Mwtgrgea or fail ~omptty to pay tuUy eny premium theretor, or ia eny respect tail to pert~m. diechar8e. ~cute. etfect, tomplete, rnmply writh and s6ide by thi~ covenant, or anp part hen~oi, eaid MortgaRee may plaoe and p~y for euch inmrance or any part therrot without w~aiviag or atfertinR any opt;on, liea, equity or right under ot by virtue ot this mortgaRe. and tbe fuU u?wu~t of e~ch ~ad everv auch pa?~rnent shaU be ima?ediauly due and peyable and shap bear interest trom the date thereof until p~id ~t the nte of t~ per ccntum per annum and toRether with such int~erest shall be ~ecured by the lien of ttis mortgage. 1. To permit, rnminit or sufter no wa~te, impairmeat or decenoratioa of eaid ptoperty or any part thereof. S. To p~y all and ~ingular the cwts. cMrgee end etpense~. inciudinR reesanabk lawyer's fees and coat of abstracts of title, iocun~ed or paid at- any tune by said Moctgagee becaase ertdror in the eveat ot t1~e f~iture on the part ot the said Mortgagor w duly. promptly and fnlly peftorm.' dischuge. e:ecute. etiect. eompkte. eompty ~vith and abide by uch and every the atipuLtiona, agreements, conditiona and covenants of said promissory iwte. end this mortgage, anp or ~tAer, and ssid co~ts, charges and e:pensas, each and every. shail ba im~ediattly due and p.y.bk. .ohetlier c~ ~ai t~ere be notice, demand, ~ttempt to collect or auit pending: snd the full amount of each and every such payment sluII bear intereat from the date thereof until paid at the rate of ten per centum per aanum: and ~!I aaid rneta, charges snd e:pen~ea ~o incurred ot paid, together with ~uch inter~st~ ll be ~ecured by the lien ot this mortgage. . ~ 6. . 11~at (al ~in che event oi any bre~ch of thia mortgage or defanlt on the part of the Mortgigor. or (b1 in the - eveaC any ot aaid sums ot money herein ref~red to be not promptlY ~Y P~ ~~Ys nart aft~er the same severall~ bboome due and p~yabk. wit6out demaad or notice. or Icl in the event ach aad every tbe stipulatioiss. agreemenu. oonditions and oovenants of said promissory note and thie mortg~ge. any or either. are not duty. ~~~}y ~(~y pe~amed. dischargsd. ezecated. effected. rnmpkted. compiied wit6 and ~bided by, tMn. in either or any sach event, t~e aaid aggregue eum mentioned in said ptomieaory nM,e then remsining unpaid, with interest accrued, and all moneys ~ecured hereby: ehall become due and psyaAk [or~b~vith. or thereatter, at the option of said Mortgagee, aa fuliy and compkteiy u if all of the said eums of nomey were originally etipulated to be paid oa • ~ sucA ~sy. anything in said promiseory note. and or in this mortgage to che oontrary not~rithetanding snd the~upun or thereafte~ at the option of a~id Mortgagee. without notice or damand. ~uit at law ar in equity. ~ theretofore. ar th~fter begnn. may be proeetnted ae if all rooneys ~ecured hereby h~d matured p~ior w its institution_ 7_ That in tlee event that at the beginning ot or at sny time pending any suit upon thie mortgage. or to foreclose t it, or to ref~m it, and/or to entorce p~yment of any claims hareander, said !1lortgagee ~haU eppty to tM court having jnrisdiciion the~eof tor t6e appointmant ot a Receiver, sucb court ehall forthwith ~ppouit a Reoaiver of said i mortg~ged ptnperty ~U and eing~lar. including all and aingular t~e rente income pro5ts, i~euea and ravenuee [rom ~ wlsatevet ~ource derived. e~ch and every of whicA, it being e:p:esely underscood ie hereby mortgaged ~ it ~ specificslly set torth and deecribed in ihe grantinq end hsbendum clauses hereof, and such Receiver shall have all t6e broad and effective funetione and pewers in s~yw~ise entrueted.by a court to a Receiver, end such appointment ` shall be made Dy such court ss an admitted equity snd a matter of eMolute : iRt~t to said ~tortgngee. snd writhout ~ reference to the adequar~ or inadequ~cy of the value of the property mortRaRed or to the solvency or insoivency ; ot ~aid Mortgagor and.~or of the defendants. and that ~uch rents, profits, income. iaaues and revenuee elWl be applied Y by anch Receiver ~ctording to the lein and~or equity of said Mortgagee and the pnctece of euch oourt. ~ ~ = 8. Ic is underetood md agreed that this mortgage is given to secure. in addition to the note or obtigation ~ above de"scribed ~ny ~dditional bans or future advances made within tw~sty yeers irom date heroof by tbs mortgagee to ~aid matgasors or any sueceeeor b~ titk of said awrtgagore of tha property hersby conveyed: pmvided that the ~ total unpaid d~lance_,of the indebtrdnese secured hereby ai any one time shall not e:ceed the ma=imum principal ~ amountot TWO THOUSAND EIGHT HUNDRED (~28~0.00)-------------------------~11us ~ 1! 1. plus int~rest thereon and ~ny disbt~rsements msde by the mortg~gee for the payment of ta:ea. leviee or in~urance ~ _ on the propertq encumbered hereby, wit6 intrrest on such diabureements. ~ ~ r IN WITNESS WHEREOF, the ~aid Mortgagor hee e:ecuied thie mortgage under ~eel on the day and year herein first above written. ~ ~ ~nd delivered ' he p of: i ; •n ~ ~ ~ t~ .t_ '._y1 . ~~,I'•,e . J .1-•L tt- l ISEALI < L _ _ z~ ~John C. Dermic ~7 ISEALI ~ SfATE OF FLORIDA r COUNTY OF~ ,~i~/Cl1~~' . ~ton ~p~ John C. Dermick of 4900 N. W. 55th Ct. , Tamarac, F1. 33319 ~ ~l _ _ to me weil known and lmown to ms to be tbs individual... deeaibed 'm and who ~ecuted the farngoing inswment, and aeknowledged beEore me tbat ....he.... ~ecuted the same for ths purpoAes t ' e~sed. WITNE33 m~ lund ~nd offkial ss~l this o~~~ ~'t~ay oi ~ 9~ . . _ ./d C ~~~~-cG~-ic-d t - Not~ry Poblic in and t ' U R~ ~ ~ c6e Cauncy and Scace wtare.dd. _ ~0~( ~ My commisaion . ~ ~-.3~ ~ ,