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HomeMy WebLinkAbout0138 Jp!~~'~. StfR1~ CIRQW~ Cp~~T r ..'~n ytRIFtE~ J~N tl 12 oe PM'~g ~ , ~9i8~88 ~+dl have the option to receive and apply the eame on accouat o( ths iudebtedns~~ secured A~'ebY a~ P~~~ aaid ~ MortgagQe to receive and use it or any part thsceoi for otl~ purposs~ without thereby waivina ar impai~ing ~ny equity. Uea or right under or by virtue ot this mortg~~e: and in tbs event said Mortgagor ~hall tor ~ny rsawq~ tsil to kesp the said premise~ so ineured. o~ tail w deliver pcomptlr aay ot ~d policies o[ ia~uranos W~aid Mortgages, o~ tail prompttY ~ WY ~Y ~~Y P~mium thereto~. or in any re~pect tai) to pa~fo~m. disc~arEe. e:cute, effect, eomplete, comply witA and abide bp thie eovenant, or sny parc t~eroof, aaid Mortg~ges m~y plaas and pay for such insurance or ~ny part thereot ~ritbout waiving or ~ftecting eny option, lien, equity or rigl~t undet ot by virtue ot thi~ mortgags. ~nd ths tuU amount ot each ~nd every such p~yment shaU be immediately dw ~nd p~yabls and shaU bear intecest kom the date tAereot uotil paid ¦t the rate ot ten pef centum per annum and togetl~ wnth sueh intare~t shaU be secured by tBe lien of this mortgags. 1. To permit. commit or ~utter no waete, impurment or detariontan ot said pcoperty or ~ny part thereot. 5. To p~y aU and singulu the costs, charges and szpsnsss. including re~sonabk lawye' • tess and oost of sbstncts of titk, incurred or paid at• any time by s~id Mortgagee because end~or in the event ot ths tailure on the part oi the s~id Mortgsgor w duly. poompth' and iullr p~torm. discharge. e:ecute. eHect. oomplst~. oomply with and abide Dy eael~ and every the ~tfpulations, a~ssmenb, oonditbas and oovenants ot ~d promlwory note. a~ thi~ mortg~ge, any or either. ~nd said eosts. ch~rges and ~psnses. e~ch and every. eAall bs immediatdy due and p~yebk, whether or not there be notice. demand, attempt to coUect or suit pending: ~nd the tuq amoant of e~ch and every such paymsat ehell bs~r interest trom the d~te thereot until pai~f •t the nte ot ten per o~t~un per ~nnum: and all said costs. chargss and ~penses so incur*ed or Paid. Logether with auch interest. shall be ~ecured by the lien ot tAis mortg~gs. 6. 71ut IU in ths event ot aay bre~cl~ ot this mortg~g~ or dehult on tbe part of tAe Mort~igor, a: (bl in the • event aay ot said eumi ot money herein retKred to be not promptly ud fiilty paid witRin ten days ns:t attK t6s eame ssvsrally becoms due and payaW~, wit6out demand or notiee. or !el ia tM event each ae~d ewry ths ~ul~tbn~. agreemsnta. eoodition~ and oowwnta oi ~aid promiiwry oote ~nd thi~ a~ortg~s. any or sitAer. ~n aot dnty. P~~P~lY ~~Y P~o*~. diKh~r~sd. a:ecvted. effected. oompleted. oomplied with and ~bided by. then. in eithsr or any sucl~ event, t6s s~id aggreg~t~ sum mentioned in said promis~ory note tliao remainiag unpaid. wlth inte~t ecuued, ~nd aD moneys secvred hereby, shall become due atid p~yabk forthwith. or tRereaher, at tbe option ot said Natgagee. as tully and completely ~s ii ~11 of the wid ~unu of aomey were ori~iaaIIy stipulated to be paid on such day. anything in ~aid ~omissory nou. and or in this mo~t~a to ths oontrary notwithsianding. aad thereupon or thereafter at tlie option of said Mortsaaes. wltbout notice or damand. suit ~t I~w or in equity. theretofore. or theredter beg~~n. msy be pros~cut~d if all enonsya s~cured MroDy Sed matund prio~ W ib instiwtan. T. That in ths event that at tl~e begineing of or at any tim~ psndiaa ~ny suit upon this mortgags, or to torecb~e it. or to rotorm it. ~ndlor to satorce p~yment ot aey eL'un~ hsreund~r. eaid Mortgage~ shall apply w tl~s oourt l~aving juri~diction t6a~eof tor the ~ppointmsnt of a Reo~3ver. such oourt shaD forthwit6 appoint a R~oeiwr ot nid i ~B=6~ P*~P~Y all and singular. includin8 al! and singul~r ths ree~ts income pro6ts. i~sues and rsveoue~ from ~ whatever souroe d~rived. weh and every of wsic!?. it ~ins espr~ly underscood is he~sby mortpged u if ~ epecifically ~et forth ~nd de~cdbed in tbe grantiug and habendum ' hereof. and snch Ii~osivar shall luve ~ all t1?e brosd and eKectivs tu~tions and po~rera in wywi~e entrueted by • court co • Recriver. •nd suc6 appointn~t ' ehall be made by such eo~ut u an ~dmitted equity and a matter ot absotute right to aid Mortgagee, wd without ~ reference to tbe adequacy or inadequ~cy of the vilue ot the propeety mortgaged or to Lhe solvency or insolvency f of aaid Mortg~gor and/or of the ekfendanta, and t!?~t euch renu, profits, income, isaue~ and rove~ues ~haII bs applied by sueh Receivar ~coording to the kin andlor equity ot said Mortgagee and the pr~ctiee ot .~ch oourt. ~ 8. It is understood and agreed tLat thii movtpge u givao to ~scurs, in ~ddition to the note a~ obli~ation ~ above deacribsd any additional lwns or future ~dvances mad~ wit6in twenty ye~rs trom d~te hereof by th~ mo~taages ~ to said mort~~ors or any rucos~~or ia titls ot uid mortsag~ors ot tbe property tiereby coaveyed: provided tl~t t6e ~ Wtal anpaid balrnce of the indebted~ss eecured hereby any one time shali not e:ceed the ma:imum principai ~ amount of ~0 THOUSAND SIX HUNDRED NINETY ONE (E2691.00)--------------------~1Lrs ~ li 1, plus Intarsst thereoo and ~ny disbar~ements made by the cnoe~tgagee tor the payment ot tues, levies or ineuranoe ~ on the property enenmbered hersby, with inte~est on rnch disbar~emsnts. ~ IN WiTNE3S WHEREOF, the said MoRgag~or h~s e:ecuted thie mortgage unde~ sed on the day and year herain ~ fir~t above written. ~ - 1 S' an in the presence oi: ~ / • (3EAI.1 ~ , ames row s ~ ~ C J~ t3EAL1 a - Judi S. Crowhurst - ATE OF FLORIDA - se. '`COUN7'Y OF 3T. LUCIE 'y ~i~ ~~~r,p~ James A. Corwhurst and Judi S. Crowhurst, his wife of R 445 Al6atr~ss St Merrit~ Island. F1. 32952 ~ ~ - to me wdl known and Imown to ms to b~ ths individuat.. dearibed 'm aod w6o s:KUted tse fa~oins but:ume~t, and ae~ncwbdasd betors ms tlut ....M.... ~eeuted the wme for tbe purm~e~ thsein e:pre~~sd. ~z "I ry~ ~ wITNE my 6aod .od oMki~1 wl+ t6i~ ' ~ day ot 19 _1 _1 ~ •xGG~ ~ "+Ui ±RY' N:;3~IC ST:.iE OF fLOR,~n aj ~nR ;E . , pocary p~,blie in ,nd for MY CO~~.:~i_.~' :~i L'<P1RES hL•~RCH, 21 19d0 ° ~ th~ Connty and 3t~te Ata~eraid. ~ •O'.~ED'r'~.U GE' :i."! ~:""K2WRiTtRf, ' , ~ . 0 R My oemmisaion ~pirer 3-~- 80 ~o~K 281 ~a~E 137 _