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HomeMy WebLinkAbout0130 :~~E `~;N~Y g«. ~ocEa roiTR~s 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 , ~ ~ _ _ _ _