HomeMy WebLinkAbout0112 lUC f COUNT~ ilA.
ROCER P0~1RAS
_ ~tE?K CIRCU:T COL
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MA~ l 9 ss AH'1R .
395856
slull l~ave the option to receive ~nd apply the samo on ~ccount ot tAe ind«btedne~s secured 6ersby or to permit
s~id Mortgagor to receivs and use it or ~ny part thereof for otl~er purpoies witho~t tl~ersby waiviag or impairing
u~y equity, liea or right undsr or by virtue ot thie mortgaRe; aad in the event aaid M~utgagor shall tor any reawn
fail to keep the s~id premi~es eo insured. or [ail to deliver promptly ~ny o[ ~aid policiss o( insunnoe W a~id
Mortgages, or fail pmmptly to pay fuUy any premium iheretor, or ia sny rcspect t~il to perfaca~, dischargs,
e=cute. ettect, compkte, rnmply writA snd sbide by thi+ covensnt, o~ any part hereot, uid Mortgagee may place and
pey tor such in~urance or sny put thereot writhout w~siviaq o~ affectinR any option, lien, equity or right under ot by
virtue of thi~ mertgage. ~ad the fuU amount ot each aad every auch paymant ahall be immediataty due ar~d p~yadk
~nd shall besr iaterest trom the date tbereoi until paid ~t the .nte o[ ten per centum pe~ annum and together with
such interest shaU be seeured by the lien of thia mortgage.
To permit, commit or eutfes no waste, impairrnent or deteriontiow of' ~aid property or ~ny part thereot.
5. To pay sU and ~ingutar the coete, charRes end e:pen~, including ree~onable lawyer'e fees ~nd eoat ot
abstncts of title, incurred or paid at• any time bY aaid Natgagee bccause n~lor in the event ot the tailure on the
part ot the ~aid Mortgagor to duly, promptly ~nd tuUy pe~iorm, discharge, e:ecute, ettect, compiets, oomply with
~nd abide by each and every the atipulstions, agreements. conditione and covenante of eaid promissory note, and
thu mortqege, ~ny or either. and eaid rn~ts, charge~ and e:penses, each end every, ahaU be immedittety due end
' p~yebk, whether or not thcre be notioe, demand, attempt to coqe~ct or auit pending; ~nd the fuq amount oi e~ch
and every auch payment ehall bear intereat trom the date tAereof uatii paid at lhe rate ot ten per centum pe~
~anum: ~nd all ~aid rnat~, ehRrges and e:penees so incurred or paid, togetMv witA ~uch interest, shaU be secured by
the liea ot thu mortgage.
6. That Isl in the eveat ot any bre~cl~ ot thia mortgage or defu?It on the part of the Mortgigo~, or Ib1 ia tLe
• event ~ny of s:id sums of money herein referred to bs not promptly and hilly paid within tes days nsit afte~ the
sams sevaally become due and p~yabis, witbout demand or aotice, or lel in the event each and every tbe stipul~tioos,
agres~nenta. eonditions and covenaats ot s~id promissory noce aad this moitgags. any or either. ~rs not duly.
promptly ~nd (ully performed. discharged. e:ecuted. eHected. oompleted, campiied with and abided by. thm, in eitlKr
or any such event, tAe asid aggregate sucn mentioned in said promissory noce ihen remaining unpaid, with interest
accnud, and all moneye secured hereby, shall become due and payabk forthw~t~, or tAereafter. at the option of said
Mortgagee. ae fully and compktely •s i( all of the eaid sum~ ot nomcy were originally etipuLted to be _paid oa
~uch day. ~nything in said pro~aiawry note, and or in t6js mortgaRs W the contrary natwitRstanding ~nd
thereupon or theredter ~t the option of ~id Mortgages. withont notice o~ damand, auit ~t la~r or in equity.
theretofore, or ther~tter begun, may be prwscuted ~s if all moneya ~scured hereby A~d maturod prior to its
institution.
T. That in tlte event that at the beginning oi or at any time pending any suit upon t6is mortgage, or to forecbse
it, or to refo?m it, aad/or to enforce payme:?t oi any rlaim~ here~nder. eaid Mortgagee sAall ~pply to the eo~rt
'i haviag jurisdiction th~reot tor the ~ppointment ot ~ Receiv~, such court ehall fortAwith ~ppoint a Receivar ot said
~ P~Y aD aad aingulu. including aU and singular the renta inrnme profits. issuee and revenues ftom
' whatever soutre derived, e~ch nnd every of which. it being e:pressly underscood ie bereby mortgaged as if
~ spe~cifically xt forth ~nd described in the granting ~nd habendum claueea horeof, end auch Receiver shall hsve
ell the broad and eftective tunctione and power~ in snyw~ise entru~ted by a rnurt w a Receiver, and sueh appointment
E ehaU be made by auch court se en admitted equity end s matter oi eb~olute :iAFt to uid Mortgagee, and without
~ reference to the adeqwcy or inadequacy v( the value ot the property mortgaRed or to the eolvency or inedvency
~ ot said Mortgagor andlor of the defendants, and that euch rents. profita, uxome, ie~es and revenuea slull be ~ppiied -
~ , by such Receiver ~ccording to the lein and~or equity ot said 1rlo~tgagee and the practice ot such ootut.
~ 8. It is uoderstood and agreed that this mortgage ie given co sscure, in additioe to the aote or obligation
~ ~bove described ~ny additiooa! bans or tuture advaaces mads withia twenty ye~rs trom date hereof by the mortaagee
W said mortgagors or any ~uuessor ia title ot ~aid mortgagors o! t6e propertq l~ereby conveyed; provided th~t tAe
~ total unpaid b~lance ot the indebtedneas secured hereby ai eny one time el~all not e:ceed the maumum ptincipal
~ `m°"°c °f~~~~A(~D ONE ~I N~DRE~D TWO~ $6~~2.00 -
li 1. plus nd any s ts ms y e ~ for the p~yment of ta:ee. levies or insuranoe
~ on the property encumb~d hereby, with int~x~eat on euch diabursemente.
a .
~ IN WITNESS WHEREOF. the ~aid Mortgagor Me e:ecuted tAia mortgsge uuder eeal on the day end year heroin
tvst above written.
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~ Signed, sealed and delivered ie the preeence oL• ~
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~ ` cL.,.__ . ct,t ~~"_"`IS~a.LI
~ ian L. n rah
; ~ ISEAL?
STATE OF FLORIDA odi W. Ingraham
:z
COUNTY OF ST. LUCIE
~ Before me person~Uy .p~.roa Rri an Ingraham and Jodi W. Ingraham, hi s wi fe of
3 -
7820 S.W. 55th Ave., Miami, F1. 33143
= to me wsp known and kno+.n to ms to bs ths ind?vidual.. deaiibsd in and who useuted t6e fo~oip~~ in ~ -
~i and aclrnowledgrd Mioro me t6~t ....bs.... e:ecvted the same for the purposee theroin s . ~
~ 31st . a ary ~ ~ . I
WITNE93 my hand ~nd otC~cid serl thl~ day d <
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~ - Notary Public ia - ~ ~
S,
; ~ . ~ tM County ~nd St~t~ • ~ :
~ ~ ~ Josephine M~ Nf~i,~ ~ "
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" ~ My oommLsion e:pin~:
;f • 600K :~ir;.
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