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HomeMy WebLinkAbout0482 F LEO ANO RECpKUEO =~.lUC1E COUMTY ft~ ROCER POITAI?S ClfRK CIRCUIT CCUR1 ^ ~ • v: r.~~iED FEB 2~ 8 33 ~'Z~ ~ ~ sl~all have the optbo w receive ~nd epply the +ame on ~coount of tbe indebtrdness secured he~y a~ to permit said Mortg~gcrr to receive and use it or any part thereot tor otl~er purposes witAout tDere~y waivioa ar i~npaicing aay equity. lieo ot right under or by virtue of thia r?wrt~~ts: ~nd ia the eveec said Mcutgagor slull to~ aay rea~oa tal! to keep lhe said premisee eo in~ured. or t~il to deliver pcornptly ~ny ot ~aid policiss o( ianu~nee to ~tid 1Mortaage~, or tail promptly to pay tully ~ny premium theret~, or in eny re~psct t~il to psrforaa. discl~rgs. e=cute. eitect, compkte, comply with snd ab~de by this covenant, or sn~• p~K h~reof, e~id MoK~e m~y plaoe wd p~y tor sucA in~urance or any pa~t the~t w~itlwut w~i~•ing or ettect~nR eny option, lien, equity or rigAt under or by virtue ot t!?is mortgage, and tbe tuU amount ot e~ch aad every auch payment ehe4 be immediatsly due ~nd p~y~ble and ehall be~r intersst from tAe d~ta thereot unW paid •t ~Ae nte ot t~ per ce~ntum per annum and tog~etAer witA sueh interest ~hall be secured by the lien o[ this moRgage. 4. To perrait. eommit or autter no we~te, impairment or deceriontioa ot said property or ~ny part thereot. S. To pay ~ll tod siogul~r the costa, charges end e:pen~ea, includiryS rc~ason~ble~ l~wyer's tees and coat of ~betncts ot titk, incurred or paid at• any time by said Mortgagee because and~or in tlx~ event ot the t~ilure a~ tM part ot ths said Mortg~gor to duly, promptly and fuUy perform, dixharge~. eiecute. eNeet, eomplste. comply with and ~bide by e~ch and every the atipulations. agieements, oondit'ane ~cd covenant~ ot said~ pmml~sorr note. snd thi~ mortg~ge, ~ny or either, and said coste, chugea ~ed ezpen~es. wch and every, ehaU be immsdiately due u?d p~yable, whethet or not there be notioe, demand, sttempt to collect or suit pending: and the tull amoant oi e~ch and rvery aueh payment s~aU be~r int.ereet from the d~te thereoi until pai~1 at the nte ot ten per centum per annum: and aU said costs, charges and e:pensss ~o incue'red o~ paid. togKher .ritl~ such intereet. a~all Ds secured by the lien oi thia mortgage• 6. That lal in the event ot any breaeh ot this mortgage or def~ult on the part ot the Mortgigor. or Ib1 in the • event any of eaid sums oi moaey herein reterred to be noe promptly ~nd tulty paid witAin ten days nsrt ~ftar the sams severaUy become due ~nd p~y~ble, witboat demaad or aotice. or icl in tbe event each and every tbe ~tipulatioas. ~gr~eemeati. eonditions ~ad coveaaats ot e~id promiasory aote and t!w moetg~ge. sny or esthar. ~rs not duly. promptly and fully per[ormed. discharged. e:ecuted. effected. completed. complied with and abided bq. then. in either or ~ny suc6 event, the aaid aggregate sum mentioned in said promiasory not,e tAen remaining unpaid, witl~ interest accrued, and all monsys secured hereby, shell become due u?d p~yabk fortl+with, or tAereafter, ~t the option d said Mortgagee, ae tully ~nd completely as it aU of tha said sums of oomey were criginally atipulated to be paid on such day. anything in said promissorY note. ~nd or m thie awKgage to th.e contrary notwithstanding. and thereupoo or ther~fter ~t the option of said Matgagee. without eotice cx dam~nd, auit at law or in eqaity. theretofore. or th~e~her begun. may be prosecuted as i! e]1 monsya escured Mreby ~ad mat~ued prior w its iastiWYan. 7. That in the event that at the beginaing of or ~t any time pending any suic upon this mortgage, or to forecbse it. or to reform it. and/or to eatorce payment ot sey claim~ 6~eunder. ~aid !Nartg~ges ehall ~pplq to the court haviog juriedictioa thereof for tAe appointment ot • Receiver. 6uch court ahall torthwith appoint • Receiwr o~ nid moTtgaged property all and aingular, iacluding all and eingulu ttu r~te incomc pro6ts, iasuea and revenaea irom whatever source derived, e~ch and every ot wAich, it baing ezpressly u~derscood i~ Aereby mottgaged as if spetifically eet forth and described in the grsnting and h~bendum claux~ hereof, and ~uch Receivet s6a11 Aave ~ all the broad and effective fvnctione snd powers in any~vise entrusted by a court to e Receiver. and ~uch appoiutment ~ ~hall be made by such court as an admitted equity and e matter ot ~Molute ziRt.t w~aid Mottgsgee, and without ~ refetence to the adequ~cy or inadequacy ef the value ot the pmperty mortgaRed or to the solver?cy or insolvrncy ; of aaid Mortgegw andlor of t6e detendants, and that such renta. profits. iRCOme, iseuee and revenues shaD be applied ~ by wch Receiver according to the lein and~or equity of said Mortgagee+ and the practice of such court. s ~ 8. It ie undsrstood aad agreed that thie mortgage is givso to ~ecuro, in addition to the note or bbligation ; ~bove described any additioaal ioans or tuture edv~nces mads within tweaty ye~rs from date hereof by tbs mortgagee ~ to said mortgago~s or any euccessor ia titk of ~aid mortgaRors of t6e property hereby eonveyed: pmvided th~t tbe total unpaid b~lance of the indeblednese secured hereby any one time ehall not e:ceed the ma:imum principal ~ .mount of SEVEN THOUSAND ONE HU~tqRED ~I6HTY TWO (7,182.00) °o°°i° ~ If 1. ptas interest thereon and ~ny diabureements made y t6e mortgeqee for tbe p~ymeat ot tuee. levise or ins~uance P~~Y ~~m~~ b~y. ~~st on euch diebaroementa. ~ IN WITNESS WHEREOF, the aaed Mortgagor has e:ecuted this mortg~ge under ee~l on the day and year herein ~ fu~t above written. ~ Sig ~sale d deliv in p ~ p S ISEAL? ~ ~ • er u ~ ,~,t- • ~ ~ " ^ ISEAL? , Lula Jane Puleo _ 1'E OF FLORIDA ~ COUNTY OF 3T. LUCIE ~ ~t~ ~ ar~.vr ~p~a A1 bert~! Pul eo and Lul a Jane Pul eo, hi s wi fe of 495 ; x Kingston Rd., Satellite Beach, FL. 32937 ~ ~ to ms wsll k~nown aad Imown to ms to bs the indjviduaLS deseibed in and wbo ueeuted tbs to~oina iaetrumen ~ ard acknowlsdgs! bsforo me tLat ~.6e)l. e=ecuted the same [or the p~posea thereia s ~ w~TNESS my n.na .na orrxi.~ ,e.~ cb;, 12th ot Ja y ~ ~ ~C. ' Notarp Poblic in and tor 'v ~ 5`~ Rr ~v~ PACE ths Co~mty .nd sc.ce a. ~ ~ 1 ~ Catheri ne M. Canta~;b, ~ : ~y~ . ~ M aommiuion ~ ~~r3 w` Y ~P~' >.'••.....•~i'Y ~ . ~ ~ ~ Sept. 26, I980 - ' ~LL , _ _ _ _ - _ : e: uw._.. ~ d L .s Y ~ _ . . ; ~