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Home My WebLink About0442 CIER~ dIRC It OUAT : . vralflF'0 . fEe 20 8 3o AM'16 ~ 39~140 sluU A~ve the ~,ption w receive •nd apply tAe s~me on sceouat o[ the indebcednes~ secured Aereby or to pernut s~id Mottgagot to receive and uas it or any ~paK thereof tor other purposes without t!?ereby waivie~ or impairing any eqaity, lien or rigAt under or by virtue ot this mo~tg~ge: ~nd in the event aaid Matg~gor shdl tor aay reawn fail W kesp the said premises eo u+aund. or t~il co de6ver promptty sny ot said policie~ o! inwrance to ~aid Murtgage~, or tail promptty to p~y fuUy •ny premium theretor, or ia any reepect fail to perionn, dischargs. e:cute, eftect, compkte, comply writh end ~bide by this ~ovenant, or am• part hereoi. uid Mort~ges may plaoe and p~y tor such inaurance or any part thereo( .vithou~ w~iving or attectinq sny option, tien, equity or riglit under or by virtw ot tRis mortg~ge. aad the fuU arnount ot e~ch ~nd evary euch psyment ~hall be immed'utdy due ~nd p~yabk and shaq bear interest irom the date thercot until paid •t the r~te of tea~ per centum per annum and togetAer with ~uch intereat ~haU be sseured by tAe lien of this riwrtgage. 4. To permit. rnmmit or .euffe~ no w~aste, impairment or det~iorecioa ei eaid prop~rty o? any part thereot. 5. To p~y ~U and aingul~r the coste, chargee and e:penses, including re~eonable lawy~ s fees and coat ot abstncta of titk, inrurred or paid ~t• uiy time by s~id MoKgagae becaux nndlor in tAe event of the fa~re on tM part ot the said Mortgagor w duly, promptly and tuUy psrtorm, disehuge. esecute, eftect, co~npkts. oompiy wit!? and abide by e~e~ and every the etipul~tions, agresments, eonditione and rnvenan~e ot aaid promis~ory note. and thi~ mortgage, any or eitAer, and eaid coste, charges and e:pen~ss, ea~h end everv, ehall be immediatety due and p~Yabk. whether or not there be notice. demand. attempt to coUect or suit pendinq: and the full amount ot e~ch and every ~ucA p~yment sRaU 6ear intereet from the date then~ot until pai~1 at the nte of tsn per centum per ~anum: and all uid costs. ehargss and e:penses ~o incuRed a Wid. to6~'~~er with ~uch intsrest. ehall be secured by the lien of this mortg~~e. 6. 'IL~t 1~1 in tl~e eveat ot ~ny bre~eh ot this mortgags or default on the p~rt ot the Mortaigor, or Ibl in ths • event ~ny of aaid sums of money hersin ~ferred to be not promptly and tulty paid ~ritAin ten days ne:t ~fter the sams eeveraUy beeoms due ~nd p~yaDM. witMut demand ot aotiee. or !cl ~ the event each and evsry tbs ~tipulation~. ~ts. conditione and coveaants of Mid promisso*Y aote ~nd ttis mortg~ge. ~ny or either. w not d~ly. promptlY and inlly performed. disel~arged. ezecuted. efiected. corokted, eomplied w~ith and abided by. tbea, in either o~ any such event, the said aggregace sum rtkntioned in s~id promiawry note then remaining anpaid, with int~est «crued, and all moneys secured hereby, shal! become due and p~yabk tatbw~ith, ur there~fter, ~t tAe option ot aaid Mortgagee. ~e fully and oompletely as if ~1l ot the said sums of nom~y wero origin~lly stipulated to be p~id on such day. anything in said promissory noce. and or in this mortg~g+e to the contnry notwithst~nding, and thereupon or there~fte~ ~t the option ot said Mortg~ges. wtthout notice or damaad. auit ~t law or in eqnity. therototore. or thers~her begun. may be prwscuted as if aU mo~neye aecured F~ereby h~d matured prior to ite institutan. 7. Tlut in the eveot tlut at the beginning of or ~t eny time pending any suit upon this mortgage, or to forecloee . it. or to rstorm it. andlor W eniorce p~yment ot any claims h~euader. ~aid Mortgagee elull apply w the court Aaving jarisdiction tbereot tor the ap~wintment of • Receiver. such caut ahall torthwitA appoint a Reoeiv~r of s~id ~6~6~ P~~Y aU and aingular. iacluding all and singular the rente incocne pwfits. isauee snd rev~ues trom wiutever soaroe derived. each aad everq of which, it being e:presdy underacood i~ Aereby mortgaged as if . ~ specificaUy set forth aad described ib the granting and habendum cLwea hPreot, and auch Receiver ehall have i ~11 t6e broed and eHective tunctions and pbxere in any~riee entrueted by a court to s Receiver, aad such appointment ' shall be made by such court ae sn admitted equity snd e m~tter of nMo1ut~ : iRh: to said Mortgagee. and without ~ reference to the adequacy or in~dequacy of the vatue ot tF~e property mortgaQed or w the eolvency or inedvency i ; of aaid Mortgagor andlor of the detendanta, and th~t such rcnts, pro6ts, inoome, iasues ~nd revenues shall be apptied ~ by axh Receiver aaording to the lein andlor equity ot said Matgagee and the practica of suc~ oaut. g 8. It is undentood and agreed that this mortg~ge i~ giv~ to secure. in addition w the note or oblig~tion , ~ ~bove deecribed any ~dditioaal loan~ or tuture ~dvances mads within twenty years from date heroof by the mortgagee ~ to said mortgagixs ot any suocessor in titk of ~aid mortgagors oi the property hereby caoveyed: pmvided tbat tbe ~ total unpaid bdance ot tAe indebtedneas aecured hereby at any one titne ~hall not e:ceed the muimum principa! ~ amoanc ot THREE THOUSAND ONE HUNDREO FOI2TY ONE ( 3.141.00) ~m . If 1, ptus interest thereon and any disbursemente made by the mortg~gee [ar the p~yment of tazea, levies or insuranoe on t}x proprrty encumbered h~reby. with intereat on ~uch disbursemente. IN WITNE3S WHEAEOF, the said Mortgagor has e:ecuted this rnortgage under eeal on the day and year herein first above written. ~ Signsd. ~led and delivered in the presence of: _ ~ ~j ~ > ' ISEALI ~ a ne uge e uc ~ ISEALI ~4 STATE OF FLORIDA ss. ~ COUNTY OF ST. LUCIE ~ ~fo~ ~~~~y ~P~ Wayne Eugene Ruch of 110 Franklyn Ave., Indialantic, FL. ~ 32903 ~ r to ms wdl known and known W ms co be ths individuaL.. da~ai'bed ia and wt~o uecuted tbs toregoins ' t;~. ~ . - a~ aeknowlsdged bsfore ms tl~t ..._M.... e:eeuted tb~ wms tor the piupo~s~ therain s:phsasd. ~ wITNESS my h.na .na otfld~l .e.~ ceis 3rd d,y ot J ary • ~ Q ' ~ 90~X282 ~A~F 434 _ N~,, ~ . ~ ~ ~ - ~ : . ~ Catherine M }'~a. ~ My oommi..bo , t;''~ $ ~ • ~ 4,, Sept. 26, 1980 ~ _ _ . - - - - • ~ r ~ ~ ~d ~.A o . _~,..~x ._.,5~,~ . .