HomeMy WebLinkAbout0153 i~~i~c
E co~ie~Y
AOCER POITQ~S
CI ~QK CtaCUIT CO R
- .~~..<<fo
MAR T 10 ~ o AH'18
395885
thall tuve tl~s optioA to recsive and ~pply the s~me on sccount ot tAe indebtedr~ss~ secured heroby or W pera~it
said Moetgagor to recaive ~nd use it or any part thereof tor otlu~ puiposes without ~.hereby w~aiving or impairin6
~ny equity, lien or right under ot by virtue ot thie mortgags: ~nd in the event uid Mcutgagor sAaU for any reawn
(ai! W Icesp the said premises eo insured, or taA to deliva~ promptly ~ny ot s~id poUcie~ ot in~urance to safd
Mortg~ge~, o~ tail promptty to pey tully •ny premium thetetix, or in sny reepect fail to pertofm, discl~args.
e=c~~te, ettect, complete, comply ~vith end aDide by thia covenant, or anp pa~rt hereot, ~aid Mort(pRee rtuy plaoe at~d
psy tor such in~urence o~ ~ny part thereof ~vithout ~raiving or ~fteccing any option. lien, equity or righl under or by
virtue of tAis mortgage, aod the tuU amount ot each ~ad every auch p~yment .haU be immediately due and p~yabk
and slu0 bear iaterest irom the date thereof unW p~id st the nte ot ten per centum per ~nnum and together with •
such interest shaU be secared by the lirn of thie mortgage.
To permit. rnmmit or autfet no waste, impairme~t or deterioratiow ot said property or any p~rt thereot.
5. To pey ~U •nd ~in~ular the coste, chargee and e:penses, including reasonable l~wyer'~ tees and ooet oi
ab~tracts ot title, incurred o~ paid at• any time .by +aid Mortgagee becawe and'or in t6e event ot tAe tailure on the
part of the uid Mortgag~or to duly, pmmptly aad fully per(orm. dischuge, e:ecute, eHect, oompbete, oompty with
and abide by e~cA •nd every ths stipulationa. agresmenta, tonditione ~nd covenant~ of eaid promissory note, and
this mortgage, eny or sither, and naid cesta. charges and e=pensas, ucA and every, ah~ll be immediately dae and
p~yabk, wAether or not there be notice, demand, attempt w collect or ~uit pending: ~nd the full sa~ount of each
and every snch p~ymeet ahall beu int~resi from the date thereof uniil pai~! at the nte oi ten per centum per
•DAUt11: and aU uid eosts, charges and e:penaea ~o inc~irred or paid. wAether with ~ucl~ interest, shaU be eecared by
the lien of this mortgage.
6. Th~t Isi in Che eveat ot ~ny b~ch ot tAia mortg~gs or def~ult on the part of the Mortgigor, o~ (bl in t~6e
- event any of eaid sums of mooey herein reterred w bs not promptly and tully paid within ten d~y~ eert after the
aame sevenily become due and payable, without dem~nd or ootice. ~ Ici in the event eac6 aad every the stipnlation~,
egresmsnts. ooaditions ac?d coveaaats of a~id promiesory nots aad this mortg~e. any or eithar. ars not duly.
promptly and tuUy pertor~ned. dischugsd. e:ecuted. eftected. oomplet.ed, complied Rith ~nd abided by. then, in ather
or any sucA avent, the aaid aggregate sum meationed in said pmmiseory note then remaining unpaid, witl~ int~erest
eccrued, and all moaeya secured hereby, ahall become due and payabk forcbw~itD. or cheredter, ~t the option ot said
Mortgagee, se tuUy and compktely ~s it all ot the aaid sums ot aomey v~we originally stipul~ted to bs paid on
auc6 day. anything in said promissory rate, and or in tAis mortgage to the contrary notwitMtaading, and
thereupon or th~eafter at tAe optan ot eaid Mortg~gee, without ootice or damsnd. euit at l~w or itw equity.
therewfore, or thereafter begun, may be pro~scated ae ii a11 moneya ~ecured hereby had matured prior to its
inatitution. , ~
7. That in the event that ~t the beginning of or ~t any time pending any suit upon this mortgsgs, or to forecbse
it, or to reform it. •ndlor W entone psyment of aay claims hereunder. said Nortgagee eAdl apply to tbe court
having juri~diction thereof for tAe sppointment ot ~ Receiv~, suc6 court shaD forthwith appoint a Recaiver of aaid
mortgaged pwperty aU and aingulu, including all snd siagulsr the rents income profits. issuee and reveauea from
whatever eoarce derived, eacA and ever.v ot which, it being e:pressly underatood is h~reDy mortgaged ~s it
~'I epecifically set forth and described in the grsnting and hsbendum clsuees hereof, and aach Ei~eceiver ahall tuve
all the broad and eNective tunctione end powers in snywiee entruated by • court to e Receiver, and ~uch appointioent
ahaA be msde by such court as sn admitted equity snd a matter ot absolutr : iRtat to said Mortgagee, and without
reterence to the edequacy or inadPquscy ot the value of the property murtgaRed or to the eolvrncy or inedvency
ot uid Mortgagor andlor oi the defendante, enc! that such rents, profita, income, iesue~ sad revenues shall be applied
f by euct? Receiver aeeording to the lein and~or equity of uid Mortgagee and the practice ot such co~rt.
~ 8. It is understood and agreed that thie mortgage is giv~n to secure, in addition to the note or oblig~tion
~ ebove described ~ny ~dditlooal {o~as or future advancee made within twenty years from date hereof by tbe mort~agee
~ to aaid mortgagors or any succeaeor ia title oi said mortgagors of the property bereby conveyed: provided tA~t tbe
total u~paid bdsnce of the indebtedness secured hereby a: any one time shall not e:ceed the maximum principal
amouncof SEYEN THOUSAND SEVEN HUNDRED TWENTY ($7720.00}----------------- vou.rs
li 1. plns intersst thereun ~nd any diaburaementa mede by the mortgsgee tor the p~yment of tues, leviss or inaurance
on the propvty encumbered Sersby, with intereet on suc6 diabursementa.
~ I~1 W1TNE3S WHEREOF. the said Mortgagor has e:ecuted this mortgage under eeal on the day and yenr herein
firat above written.
~ Signed, seded and delivered in the presence of:
~ r
~
~ ISEAL)
C
ISEALI
~ Charlotte Cecil
~ STATE OF FLORIDA
~ COUNTY OF 3T. LUCIE ~
~ Before me personally .P~.~a Jack B. Ceci 1 and Charl otte Ceci 1, hi s wi fe of
# 226 N. E. First St., Satellite Beach, F1. 32937
~
~ w me well known and kaown w ms to bs t6s individual.. de~aibed in aad who executed t6s fore~ ~eid~pysl~. .
_ -
~ and acknowisdgsd before ms that ....6s.... e:ecated tbs wme tar tAe p~upo~es therein s . ,
17th J nu ry 19 ~-78 . f`~
wtTNESS my h.na .na otfici.~ seal chf. day ot _ "
a a -
~ ~ ~c~~=
~ ~ ~
8U01(~e iy1CE ~s•rr ~bu~ ~ .aa ia • ` ~
ct~e co„ncy.nd sc:a•Ataw~, ~
~ . MyOSeoommi~ubn ~ C${ .
. ~ , r - fF F: RT
ti .t. . '2 '
~ F • :~'li ',U .~.:~~:,J . ~ •
, .
~
:v~
~"G a-_ _ . . ~ . . ; . ' ' ' C= . _,=..-"s~