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HomeMy WebLinkAbout0081 =T.IUC E COuNiY flA. 110CE11 POITIIAS f•lf RK C~itCUIT COUR - n ~IFiEO MaR l 9 s6 AN'~~ . . 395836 s~aU haw tM optan to reeeiw aad ~pply tbs same oa ~coouat oi tbe iadsbtedn~s~ Me~ued b~eby ar to psraait said Mortg~aor to eecaiw ao~ uN lt o~ ~ny part tRereot tor otMr puepow witl~out tl~arebr w~ivint or impairias - aay equity. tiea or riaAt under or by virtne ot tris mortga~ and ia tM ev~at s~d btatgagor ahall tor ~n~ ee~~un - tail to k~ep tl~e said promiiss so insured. ~ tail to deliver poo~aptlp my of ~td polici» ot faau~aos to ~d Mort~a~w, or fa[I promptly to p~y fu11Y ~ny premium tberetor. or in u?y rerpect tail W Prtam. di~cA~r~. ~cute, eftect, eanplece. comply witA and abide by this rnv~ant, or sny p~rt hereof, said Ma~t~ges mq pl~os aad paY tor sueR iasurance or any part thereof wdtAout walviog ar aftecting any option. tien. squitr or ~ht w~dec ar by . virtue of this mortg~s, and tM tuli anwunt ot e~ci~ ~ad evary ~ucA pa~msnt s1~aU be imn~ediately dw ~nd p~yabis and s6aU bear intan~t hom tM date tl~eof untll pa[d ~t tM race ot ua psr oe~tum per annum and toeetl~ witA ~ch intere~t ahall bs ssea»d by t6s lier of tAi~ mortaa~. To permit. commit or suffer ao wast~, impairment or deterior~tio~ of eaid Pmpe~tY or any p~rt tMreot. 5. ,To p~y aU aud sinsulu the costs. chargs~ and aspenss~. inch~ding reasoaabk lawyer's fes~ aad oo~, of eb~tracts ot title, incurrad or paid ~t• my time Dy ~ald Moetgagss beeauss and/oc in ths event oi tbs failure on tAe part of ths said Mort6~' P~P~h' P~• ~~8a ~e~vte. eHect. oompl~t~. ootnply with , ~nd abide Dy e~cA uid every tM ~tipul~tioo~, yr~ameot~, oorditjon~ aed oove~uate ot ~aid pwmi~y nots, aud thia mortgage. any or either, and said casts. clurge~ and upsnie~. e~eh and every. slull bs immedjately due and WYabk. whetAer or not there 6s notioe. danand. att~mpt to ooWet or suit pending: and tAs tull amount ot e~ch and every sueh p~ymsnt sball Ds~r iat~erest from the date thereot until paid at the rats of tan per oeat~un pe~ annum: wd ~U eaid coets, ehar~as and aipea~ so incvrrsd or paid, to~ather witA auch intenst, shdl bs ~ecured bY tue lieo ot t!?iw mortga~. e. 11ut lal iA tM ewnt ot any beMeh ot tAis mat~ or d~hnlt on tl~s part of tbe Mat~ig~or. or (bl ia t6s • evaot any of said svmt ot moosy heeein nbrrsd W bs twt Pr~P~Y P~ wiRRin t~n d~y~ nsst afur t!~ s~ms ssvarally bscam~ dw ~nd p~yaW~, wit6out damaed or oocics, or Ic! in ths event each and ewry tAs ~tipulatinni. agresmsota. eooditbn~ and oovaoant~ ot rid proeNswry aot~ and tAi~ u~ortgye. any or aither. ae~ not da~. P*~PUY ~Y PN'fa~. di~eh~r~d, eu~vted. aHeeted. oompleted. oo~nplied w~ith aad abided by. than. in dther ar any sueA event, the s~id a~ata wm mentioned in ~aid promi~y oote t6ea retnainins unpaid, wit6 int~e~t ~ccrued. ~nd ~ll monays seeured herebq. sh~!! become due and payabls forthwith. or tl~safter. ~t t6s option oE said Mortgagee, as fuUy ~nd oompktdy as it ap of tbs ~aid sum~ ot noa~sy wers originally ~tipulated to 6e p~id on s~ day. anythins in Mid pe»mi~r not~. aad ot in thL mottpas to t6s contrar~ notwithst~ndina; and t6eraupon or thereaket at tAe optioo oi ~d Martaa~, witbout notiea or daa~and. suit ~t law or i~ equity. cherecofore. or there.tcer ba~un, may be pro..cucd u if .ll tao~.ys s.cnnd 6.nby !ud matwrd prior co ic. institution. 7. That in t6s event tl~t ~t the beainnmg o! or at any tims p~nding any auit upon tAis mortgagi, or to faecbse ~ it, or to »torrn it. andlor to eafora paym~nt ot any claim~ h~ewadr. s~id Martgags~ shdi apply to ths oourt havins juri~diction tMreof for the appointme~t ot • R~airer. auA oourt ~haU torthwith appdnt a R~o~iwr ot ~aid ~8~8'~ P~t7 ail and singulat. inetodin~ all aad do~ul~r ths rent~ incoene pro6b. iisue~ ~nd rewnues imm wlucever waroe d~cived. reh and evKy of whicA. it b~in~ ~zpc~ly underatood is 6ereby mort~asd u if speeifieallY eet tath and ~aQbed in t6e grantiaa and liab~ndnen cLwee hereof. and ~uch R~ivar ahaD have all the bro~d ~nd eNcctive tunction~ aad powe:e in ~nywi~s ent~rwt~d b~ a court to a Receiver. ~nd ax6 appointmet~t Ili ahall be made by ~ucb court u aa ~drnitted equity ~nd • metts~ of absolutc right to said Mortgagee, ~nd wit}~t I reference W the ~dequacy or inadeqwey of the v~lue of the property mortgaged or w the ~olvency or insdvency ; ot said Mortg~gor andlor ot the detendaets. and that such raats. profib. inoome, issuss md rsvenues shdi be applied ; by s~uh Receiver aeoading w the lein andlor eqnity of aaid Matgag~ee end the pr~ctioe ot wu6 oourt. ~ ~ 8. It is under~tood tnd agresd tbat'tAis mort~~ ia ~iwa W recurs, in additioo to ths nate o~ oWitation ¦bove desaibed any addicional loan. at Pocnrs .dvana. mads w[c6in cwency ye.rs irom dace bereot by cbs mortaages , to said mort~ot~ or ~ny woca~ot ia titb ot ~tid mortaa~on ot t6s p+operty ber~by oonveyed: providsd th~t ths tAW unpaid balaace of the iadebtednsss secured hersby ~~t any one tims shaU not e:ceed We mazimnm principl amouAc ot EIGHT THOUSAND FOUR HUNDRED SIXTEEN - (8,416.00) oolLrs ~t 1. plu. incerssc che.eon .nd aoy djsenr.em.oa m.de by che morca.aee tor chs paytaenc ot c~ee. i.vie. or insiuanoe on cAe proparcy eneumbered he~eby. ..fc6 inc~asc on eueh disbur.s,sencs. !N WITNE33 WHEREOF, the s~id Mortaagur has esecuted this ~ ssd on the day and ya~r Mrsin first above written. ~ / ~ Signed. ~led and de6vsred in tLe presenoe oF. ~ - ~.ti~. L ~ ; _ _ ~ ~ Noemi C. Rodri ez a STATE OF FLOAIDA ~ ~ COUNTY OF 3T. LUCIE ~ I srael Rodri guez and Noemi C. Rodri guez , hi s wi fe of ~ ' 115 Indian River Dr., #203, Cocoa, FL. 32922 ~ 4 ~ ~ LO ~~I~ ~DO~ tIId ~O~ID LO 1~ ~O ~ L~ ID~Yd11i~.s ~p ~pd wElO K~~NL~ C~ f0~lSOfCs ~ ; ~ad ~clnwwl~ig~d b~tors ms tbat .L6..Y. e:ecnc.a u~...ms ror ch. p~~po... tM.ein e~....a. ~ - ' _ ~ WITNE33 my h~nd ~nd otikW ~s~l t6i~ . dq at ~d 19 ~ Rw 3 ~ ' ~ . e O R' . otarp Publk in m~. , tbs Conntp ~nd 9t~t6~ ~t{oe~aid. ~ 80Qfi ~ PtiGE t~her~itn~ M. ntara ~ ~ ' . . . ~r M+u+~+~wu K~ . ~ . ~ r . ~ Sept. 26, 1980 . - - l~ ~ ~ - _ - - - - - _