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Home My WebLink About0466 ~~SvM~~ ~i~i ~ooc~ ronR~a C~_EFt C~<<CU1T COURT'~ . , . • ; cn ilEO...~--- FE@ t~ 8 32 aN ~~.tss ~hall luve the option to roceive and apply the ~ame on ~ccount of tbe indebtrdnsss ~+ecured hereby or to permit raid Mo~tga~Or to recave ~nd u~e it or any p~rt therrot tor other purpox~ witAout tMceby waiviaa or imp~i~ing u~y equity, lien or right under or by virtue ot thu mortg~ge: ~nd in the event aaid Mortg~gor ahall tor aay re~son tail to kesp ths said premisee eo in~ured, or tail w de6ver promptly ~ny ot said policies ot inwnnos to ~d Mortgages. or t~il promptly to p~y tuUy •ny prernium tl~etor, o~ in ~ny respect tsil to per[orm. disehargs. e:cute. ettect, eompkte, comply with and sbide by thi~ covenent, or eny psrt herMt, eaid Mort~agee may plaoe and p~y (or ~uch inaurnnce or any part thereof without wraiviug or eftectinR any option. 6en, equity ot right under or by virtue ot this mo~tgage, aad t6e tuU amount ot each aad every Ruch paymeat ~hall be immediately due and p~y~bie ~nd sFuU bear interest hom the date thereot unt~l paid ~t the nu of ten per centum per annum and togetl~ec witl~ ~ueh interest ~hall be secured by the lien ot ttis mortg~ge. 1. To permit. commit or auttcr no waste, impairment o` deteriontion ot uid property or ~ny part thereot. S. To pay ~U and singulsr the coate, char~+e and e:pen~ea, ineluding res~onabk lawyer's teee ~nd coat ot abatnct~ ot title, inc~rred or paid al• any time by +aid Mortg~gee because Rndror in the eveat ot the tRilun on the part of the said Mottgagor to duly, promptly and fuUy per(orm. discharge. e:ecute. effect. oompkta rnmply witA and abide by wch end every the atipulacions. ~greemeate, conditans and coveaan~a ot said promi~eory note, and tAi~ mortgage, sny or either, and ~uid rnsts, charges and e:penxs, eacA and eve~y, alull be immediatety due and p~y~bk, wAether or not there be notice. demand, ~ttempt to collect or ~uit pending: and tAe tull aenount of each and every auch paymeAt shaU beu intereet from the date thereot until psid et c~e nte ot len per oentum per ~nnum: and all said coets. chargss and e:pensee ~o incurred or p~id, togetAer with such interest, ehall be secured by the lien of this mortgags. 6. Thet 1~1 in the event of any breaeh ot thia mortgage or def~ult on the part of tl~e Mortgagor, or (DI iu ths • event any of aaid sums ot money he~ein reterred to be not prompUy and fully paid w~ithin teo d~ye os:t aiter tbe eame severaUy become due u~d p~yabla. ~sithout demand or notice, or Icl in che eveat each and evsry the sti~ul~tiot~s. agreementa. C011dl~lORS and coveaants of eaid promiasory aote a~ this mortgage. any or eit6er. ars not duly. promptly and fuUy performed. dischargsd. ezecuted, effected. oompkted. complied witd and abided by. thea. in either or any euch event, the said aggregate sum mentioned in eaid pmmiseory note then remaining unpaid, with iat~ereat accrued. and all moneys secured hereby. 3ha11 become due and payable forth.rith. or thereafter. st tAe optioa ot said Mortsagee. s~ tuUy and oompletelY as it all of the said sums of nomey were originally stipulated to be paid on auch day. anythiug in said promis~ory note. and or in this mortgag~e w tbe contrary notwithstanding. ~?d therenpon or thereafter at tbe option of said Mortg~ges. wit6out aotioe or damsnd. suit at la~s or in equity. theretofore. or there~tter begun. auy be prosscuced as if all moneya secured hereby A~d matured prior W its institation. . 7. -That in the event that at Che beginning ot or st aay time pending any suit ~pon this mortgage, or to foreclwe it or to rsforan it, andlor W eatorce p~yment of any claimt hereunder, ~aid Matgages ahall apply to the court having jurisdictan tAereof fa tAe appointment of • Receiver. rncA court shall forthwith appoint • Receiver ot said mortg~ged property a11 ~nd singulu, including al! and singulu the rente income profits, i~aues and reveauee trom ~ what~ver source derived, e~c6 and every ot which, it being e~y underecood in Aereby mortgaged ie if , specifxally set forth and described in the granting and habendum clau~e~ hpreof, and auch Rsceiver shall hsve ~ all the brwd ~nd pffective tunctane and po+rers in eny~viee entru~ted by a court w a Reeeiver, and such appointment ~ ahsll be made by euch court ae sn sdmitted equity and a matter of absolute : iQt~t w seid Mortgegee. and without reference to the adequacy or inadeqwcy of the value ot ihe property mortgage~d or io the eolvency or insdvency ~ of s~id Mottgagor aadlor of the defendanta, and thet auch reats, profits, income, iaaue~ ~nd revenuee shall be ~pplied ; by a~ch R~eceiver ~coording to the lein ~nd~or equity of ~aid Mortgagee and the prectice ot euch - oo~ut_ 8. it is undsrstood and agreed that tlus mortgage is givsn to secure, in addition W the note or obtig~tion ~ ; above described any additiooal lo~na or future ~dvaaees made within tweaty years [rom date hereot by the moctg~gse ; w s~id mortgagor~ or any sucosssor in tit{s ot said mortgagors ot tbs property hereby conveyed: provided th~t t6e ~ tot~l unpaid balance ot the indebtsdnes~ sacured heroby any one time eha0 not e=ceed the mazimum princiipal ~ a~ounc of FIVE THOUSAND THREE HUNDRED (5 300.00) ~ li 1. plus interest tbereon and ~ny diebursemente made by the mortg~gee for t~e p~yment ot tazea. leviee or insu»nce on tAe property encumbered ~ereby. with interest oa euch disbnrsements. ~ IN WITNES3 WHEREOF, the said Mortgagor h~s e:ecuted this mortgage under eeal on the day and year herein ~ fint above written. ~ Sigoed, se~led and delivered in the pre+ence of: ~ 13EAL1 ~ ~ ~ • ISEAL? ~ Catherine G. Virata ~ SfATE OF FLORIDA _ ae. ~ COUNTY OF 3T. LUCIE ~ Betore me personally ~ppeared Manuel Ronald Virata, Jr. and Catherine G. Virata, his wife of 1660 N. Banana River Dr., Merritt Island, FL. 32952 u ; to ms well known and lmown to ms to be t6s iedividuaL.Sde~cn'bad 'm and who asscuted ths }orego~Iag r~ ~nd aei~nowlsdged b~foro ms that ...~...ye:ecvted tl~e wme for t!?e piupo~es therein e~~sd. ~ y ; , ~ _ wrrrvESS my h.na .Aa o~~al ss~l cb;s 7th ~y o~ J ar $ - ~ , ~ _ . ~ Nowy Pnblic in aud ia : ; ~ tbs Cauatp and 3tate Aki~eali¢. " C:: - ~ 0 R ~ i, . . , Catheri ' _ , : rAtE My oommis~an ~n~ara; - ~ ~ ~ ~ ' ~Sept. 26, 1980 ~ ~ , - _ - - _ ~ ~ ~ > ~ . ~ ~ . . R ~