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Home My WebLink About0114 F ~ ~ :~ERK CIRCUIT COURr \ 1C4i~1E0~ J~y t l 110~ PN'~~ 3 9 ~9 ~3 sl~all luve the option to receive and apply the a~me on account of the indebtednene secured hereby or to permit said Matgagor W receive ~ad use it or ~ny parl theroot tor othet purpo++es withoul thereby waiving o~ uap~iring any eqnity, lietf or riaht under or by virtue of thi~ mortgage: aod in the event said Mortgagor ahaU tor any re~son tail W keep I.he eaid premix~ ro in~ured, or [ai) to deGve~ pror.?ptty any ot said po~iciea ot iatunooe w said Mortg~gee. or IRiI promptly tu pey fully eny premium theretor, or in sny respect f~il to pertorm, discharge. eicute, etfett, complete, comply ~vith nnd abide by ihis coveoant, or en?• part i,erEx~f. +sid Mort~gee nuy plaoe and pay for wcA ineurance or any part thereot Mnthout ~vai.~ing or atfectinK em• opuon. Gen, equity_ or right undar or Ay virtue ot this mortg~ge, and the fuU amount ot eac~ ~nd e~~ery such psyment ~hall be immediately due and p~yabb and shall beer interest trom the datc tAereoi until paid ¦t the rste of te~ per centum per annum and togetAer writh ~uch interest ehsU be secured by tAe lim of thia roortg~~ie. To pernut, rnmmit or sufter no wrs~te, impairm~+nt or detrnorstian oI aaid property or any part Lhereot. 5. To pay aU ~nd ~ingular the co~ts, chargee end e:penx+a. inciuc3~nQ ree+c~nsbk lswyei s teee aad ooat of abstracts of title, incurred or paid at• eny time by said Mortgagee hecaux and,or in tAe event ot the failure on the p~rt o( the said I?iortgagor w duly, prompely and fully p~form. dixharge, e:ecuee, eftect, campleta, comply with and abide by each end every the stipulauons. ~greemente, rnnditione an~! covenents of eaid promiseory note. and thi~ mortgage, eny or either. •nd ssid coat~, charges •nd e:peneea. eacA and svery, shall be immedi~tely due end p~yabk, whether or not there be notice. demand. ~ttempt to collect or suit peading: and the fuU amount ot e~ch and every ~ucA payment shaU bear intereat from t1+w dete thereoi unti! paid ai the rate of ten per centum per annum: and all aaid costs, clurRea and e:penxa so incurrt~d or paid. together with ~uc~ interest, ahall be secured by the lian ot thie mortgage. 6. Thet lal in the event of any breach of thie martgage or detault on che part ot the Mortgigor, or Ibl in tl~e • event ~ny ei eaid sums ot money henin reterrod to be riot promptly end tuUy paid aithin ten days nert atter the sama severally become due and payable, witlaut demand or eotice. or (c1 in the event eaeh ~ad every the stipui~taas. agreements, eonditions ~nd oovenants ot said promisaory note ~nd this mortgage. any or either. ~rs eat duty. promptly ~nd fully performed. diechugsd. e:ecuted, eftected, completed. mmplied ~rith and ~bided by, then, in dther or any such event. the eaid aggregace sum ment:oaed in a~id promissory note chen remaining unpaid, with incer+e~t ecerued. and ell moneya xcuced heroby, ahall become due ~nd p~yabk torthwith, or thererfter, at the optioa of eaid . Mortgagee. as fully and completely ~a if all of the said eums of nom~e}• were originslly etipuLted to be p~id on aucb day, snything in eaid promiseory noce. and or in this mortgaFte co ciu+ contnry notwithstanding and tAereupon or theresfter at the option of said Mortgagee. withoat notioe or damand, auit at la~? or in equity, theretotore, or thereaftar begun, may be prosecuced aa it tU moneya secured Mreby bad matured prior W ite institution. 7. TAat in the event that at the beginning ot or ~t sr.y time pendinQ eny s~it ~pon this mortgage, or to foreclose it, or W reform it. ~ndlor to enforce payment ot nny claime herouader, said Mortg~ges ahaU apply W the oourt 6aving juriadict'an thereof for the eppointment of a Receiver, euch court ahall foethwita ~ppoint s Reoeiver oi stid i mortgsged property all and aingular, including all snd singulu the renta income pro6ts, issues and revenues fmm j whatever source derived. ~ch. and ever~ of which, it being ezpreealy understood ie Aereby mortgaged ae it ; specificaUy set forth and described in the Rranting and habendum clsuxa hPreof, and such Receiver ahall have ~ aU the Aroad and rfiective funttions and power• in enywise entrusted by e cour* to a Receiver, and such eppointment ~ # shall be msde by auch court e~ an adrruttE+cf equity and a metter oi eb~oluce ri~t~t to said ~tortRaqee, and without f reference to the sdequacy or inedequ~cy nf the value of the property mortRaRed or W the eolvency or ineoivency € ot said Mortgagor andior ot the defendants, a~d thst ~uch rents, profits, income, issues and ~evenuee sha11 be applied ~ by such Receiver ~ccording to the lein and or equity of aaid Mortgagee and the prectice ot euc6 court. ~ ~ B. !t ie understood and sgreed that thia mortgage is givea to eecute, in sdditioo to the note or obligttion ~ ~bove described any additional {oans or tuture adv~nce~ made ~vithin twenty yeere trom date h~eof by the mortgagee ~ to said awrtgagore or ~ny euceeeeo? iu title of said mortgagoro ot tbe property beraby conveyed: provided th~t the ~ total unpaid balence ot the indebtednese secured hereby ~i an one time shaU n t e:ceed th ma:imam principal ~ amount ot EIGHT THOUSAND TWO HUNDRED SIXTY TI~O ~8,262.00~ Douue (i 1. plus iaterest there6n and any di~Mireemente made by the mortgage' for the payment oi ta:ea, leviea or insnnnce ~ on the propeirty encumbered heroby, with intereet on euch diabursements. ~ IN WITNESS WHF,REOF. the said Mortgagor hae e:ecuted thie mortgage under eeal on the day and yesr herein fir~t ~bove ~vritten. ~ ~ Signed, and deliv in t pr nce of: ~ ~ , / J }H? • ISEALI ~ ~ ru n „ - ; r !y,`~''~ 4.~..., ~ ISEALt Ru K. Bruton ~ STATE OF FLORIDA - ss. COUNTY OF ST. LUCIE ~ Beforc me pers~nally .P~.~ea Floyd H. Bruton and Ruth K. Bruton, his wife of 66 ~ S. Solandra Dr., Orlando, FL. 32807 ~ ~ to me wsll known and lmown to me to be the individuaL.S described in and wbo s:ecuted ths foreg~oing in~t~~ " ~5 and aclceawledged before me that t..hdf._ e:ecuted the same tor the purposee therein e:pr+ea~sd. . y - WITNE3S roy h.n~ ot~w ~ c~. 7th ~y ot J ar - _ . f . ~ . Notary Public in and - ~ p(j the Connty and 3tate \ y ~ 1 S ~ 800t( P~ Cathe~' ne M, Ca n t a r a ~ . ~ My oommis~n ~p~: , ~ ~ " Sept. 26, 1980 ~3 Y _ . %g . . - . . . _ . . ' " ' .