HomeMy WebLinkAbout0130 :~~E `~;N~Y g«.
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CIERK Ci1lCUlT COUR?
= "~Rt? vERIF1ED.,....~...~
` Jur t l~1 at PM'1B
3i9l86~ ~
shall h~ve ths optio~ to recsive and apply the same on aooount of tbe indebtednsr~ secured hereby ot to permit
uid Mortgagor to roceive aad use it or ~ny part theroof tor ot~ purposM without thereby waiving or unpairing
any equity, liea or right under or by virtus ot thii mortgags; aad in ths event safd Mertg~g~ar shaU tor any reawn
tail W Icesp the said preausss so insured. or t~i1 to deliver promptty ~ny o[ a~id policis~ ot toau~nca to pid
Mortaa~, or [ail promptiy to pay tuUy ~ny pcemium thetetor. or in any rs~pect f~il to parform, di~chu~s.
e:eute, ettect, completa, comply with and abide by this eoveeunt, or eny p~rt heroot, said Mortg~ges may placs and
p~y tor suth inaurance or ~ny part thereot wit!?out ~raiving or aftecting sny option, lien, equitr or right under ar by
virtue ot tGis mortg~e. aad the tuU amount of e~ch and svery auch p~yment ~hall be immediately dw ~nd payabk
and sMll bea~ intere~t from t6e dats thereoi until paid ~t tbe r~te of ten psr centum psr annum •nd togst6er ~ritl~
euci~ in:areat ahall be ~eeured by the lien of t6is mort~ags.
4. To permit. eommit or sufter no waste, impairment or deteriorat'aa ot said property or any p~rt thereof.
S. To pay all and su?8u1u the costs. ehuges and s:peoe~s, including roason~Dk lawy~'s tees and cost ot
sbstrsct~ ot title, iacurred or p~id at• anY time by said Mortgages beuux snd'or in the eveat of ths failure on the
part ot tl~e eaid Mortgagor w duly. promptly and fully pKio~a. di~ch~rgs. e:ecuts. eHect. eamplst~. oompty ~rith
and ~bide sy e~ch ~nd every tM sttpulation~. agresmeota. eonditbns and ooveaa~ts o! said promi~so~y note. snd
tl?ie mortgage, any or either. aad said co~ts, chuge~ and ~penses. each and every. ahaU be ima~ediately due and
p~yebk, whether or not there be notioe, demand, attsmpt to coUect ot suit peading: and the (uU anwunt ot e~c~
~nd every auch p~yment shall bear interest Iram the d~te th~eof until paid at the rate of tea per centum per
annum: and all ssid eosts. charges and e:pense~ so Inncvrred or p~id. together with auch interest. shall be secured by
the lien ot tAu mortgags•
6. TMt 1~1 in the event ot any bre~eA o! this mortg~ge or def~ult on ths part of tl~s Matsagor, or (b) in tM
• event any of said sums of money hetein rohrred co bs not PromPtlY P~ wi~hin ten day~ nert att~ tl~e
same sevenlly bewm~ due and pay~bls, without demand or aotice, or Ic1 in cbe avent each and svery t6s stipul~tions.
~greemsnts. oonditions and oove~ants of said pmmissory note aod t!~ mort~ge. any or aither. ~rs ooc daly.
promptly and tully psrformsd. discharged. e:eeuted. eftected. campleted. ooznplied with and ~bided by. tl~eo. in eitLer
or any s~ch eveat. the said aggreg~te ~um mantioned in said pro~niswry eote the~ remaining unpaid. with interest
accrued, and all moneys secured hereby. shall become due and p~yabk torthwith, or there~fter, at the option ot eaid
Mortgagee, ae ftilly and oompktely ~s if all of the said sums of nomey were originally stipuLted to be p~id oa
auch day. aaythina in aaid pwmis~oty not.~. and or iw t6is mort~ to tM contrary nMwit6et~ding. and
thereupon or there~tter at the option of s~id Mortgages. without ootiee or dacoand suit at law or in eqnity.
tAe~etofore. or there~ft.sr be6ua. auy be Pro~ecated a~ it ~11 monsys s~cured hersby had maturod prior to iu
institutioa.
7. TAI~ ID ~II! dVQAC L~IlC aL LbE blgl~6lD$ OI O[ l~ lAy LlR!! ~ny a~~it ~~Fnn t~f1A mp~Lq~Rl, O[ ~O fOTlCjO~!
i 'st, or to reform lt. andfor to eaforee paymeat of u~y claim~ he~eunder. eaid Martgage~ slull appty to ths eaurt
k luving jnriidictiou thereof for t6e ~ppointm~nt of a Receivar. weh oourt shall torthwitl+ appoiat • R~eiwr ot said
~ ~6~8~ P*~tY vl and siagulu. irnluding all and singul~r the rsnts income profits. issue~ and rev~nues irom
• whate„ar wuree dKived. a4ch and evsry of which, it bsins e:prenly underecood in be:eby mort~~d u if
? apecifkally ~et tort6 and de~ctibed in the granting aud habundum cLwes hereot. and such R~ceiver eball have
~ all the brwd and eHective tunctions and powers in anywise entrueted by • court to a Receiver, and sueb appointment
E slull be aude by euch oourt an admitted eq~ity and ~ matter of sbsolute right to said Mortg~gee, and without
3
~ reference to the ~deqwcy or inadequacy ot the value ot the property mortgsged or to the wlveacy or insolvency
€ of uid Mortg~gor ~ndlor ot the detendenta. ~nd that auch rents, ~mofita, income, iesues and rove:.ues shall be applied
~ by wch Reeeiver acoording to the kin and,for equity of said Mortgagee and the practice of such oourt.
~ ~
8. It is undentood and agreed that this mortgage is givsn w sscure. in additan to tse aote o~ obli~ation
~ ~bove ds~cribsd any additional loane or tuwre ~dvances made within twentr ye~rs from date he~eof by ths mort;ages
~ to eRid mat~ot~ or any ~uonssor in UtM ot ~id morig~gon of the propeety hereby eonveyed: provided that the
wtsl unp~id balance ot the indebtednees secured hereby ~i any one time ahall not e:ceed the ma=ienum principal
~ amounc ot THREE THOUSAND FIFTY (3,050.00) Dollars
~ (t 1. plus interest thereon aad aay disbursements made by the mortgagee for the p~yment of tuee. bvies or insorance
~ on the Pe~opertY encumbered 6ereby. with interest on such disbursements.
~ IN WITNE93 WHEREOF, the said Mortg~gor tus e:ecuted this mortgage under seal on the d~y and ye~r herein
~ first ~bove written. ~
~
~ Sigeed, seded and deliv~ed ia the presence ot: /
~
ISEALI
~ T'a . 0 e , 4SEAL1
~
; Marie M. Oooley
STATE OF FLORIDA
r>: ss.
~ COUNTY OF 3T. LUCIE
;Fi Frank V. Dooley and Marie M. Dooley, his wife of
Before me pereoaally appeared
~ . Laurelwood Or., Colts Neck, N.J. 07722
" to me well known and Imawn to ms to be t6~ individuaLS de~Qib~d in ~nd wbo ~~cvt~d the fa~oiqa•imRrum~ ~ i
= and aclcnowbdgd b~fors ms tlut .tM.s/. e:ecuted the wme for t6e p~upo~es tharein e:prssNd. .
y lOth y D er
WITNE33 m 6and aad of~icial Nal thi~ da of
s~~ • , ' ? '
r~ ~p
; 800K (.?0~ VACE ~I~it~ chs~c.a~ y ~9tat ~d..~~, - =
~the M.'~Lara~ ~
Y ~ .
~ Sept. 26, 1980 , ~
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