HomeMy WebLinkAbout0233 ~T.~I~U~CNIIITII ~ ~
A06ER rORRAS ~A
~t ~R~ C~RCUIT CO+1 t
' :t~i:~F~
Me~ l 10 ~8 AH ~a~
3:.~5935
alull have the option to receive ~nd npply the ume on ~ctouat ot tAs indsbtedn~ss sstured hersby or to permit
said Mortgaqor to receive and use it or any part thereot tor otl~er purpo~ss without tMreby w~iviag or impairing
~ny equity, lien or right under a by virtue ot this mortgsgs: and in the event said Mortgagor shaU tor any ~~on
tail to Iceep the said premises eo in~ured, or tail W deliver promptly ~ny of a~id policis~ ot inmr~nce to ~aid
Mortgages, or tail promptly to pay fuUy any premium tAen+for, or in any respsct tail to pertona. disc6args,
e:cute, etfect, complete, comply ~rith and abide by this coven~nt. or sny p~rt hereof, said Mortgaaes m~y plaoe and
p~y for such insuran~e or any part thereof without ~raiving o~ •t[scting any option, lien, equity or right under or by
virtue ot this mortgage. ~ad tbe tuU amount ot e~th ~ad every sueh paymeat shall be ima~ed'utetr due and p~yabk
and ~haU bear iatecest trom the date tAereot unt~! paid ~t the nte ot tae per centum par annum and togstl~er with
sucA iaterest ~hall be seeurod by t6e lien ot t,his mortg~ge.
To permit, rnmmit or sutter no waste, impairmeat or deteriontiow o! eaid property or any part t!?Keot.
5. To pay aU and aingal~r the costs, ch~rges ~nd a:paness, inch~ding re~sonabk 4~y~'s feee ~nd oost oi
sbstraets of titk, ineu~red or paid at- any time by uid Mortgagee becawe sndlor in the event ot the t~ilure o~ the
part of the said Mortgagor to duly. promptly and fully pertonn. dieclurgs. e:ecute. eHect. complete, oomply with
and •bide by each and every the stipul~tions. agresmenb. eoaditions ~nd covea~nts ot said pmmi~sory note. u~d
thu mort{p~[e. ~ny o~ eit6er. ~nd eaid eo~ts, ch~rges ~od ~pen~ss, escR and every, shall be immediately dae and
p~yabk, whether or not there be ~otice. demaad. ~ttampt to coUect or suit pending: and the tull amount of eech
and every ~uch psymeat ~haU bear intereet from the d~te thereof until paid at the rate of ten per centum per
annum: and all ssid coets, ch~rges ~nd e:pensea ao ineurred or paid, together with such intereet, shaU be sacured by
the lien of thia mortgage.
6. Th~t Id in t6e event of ~ny bre~ch ot thia mortgage or def~ult on the part ot the Ma~t~or, or Ibl in the
• event •ny of said ~ums ot money herein reterred to be not promptly ~nd tuUy paid within ten d~ye ne=t dur the
eeme severally become due ~nd p~yable, without demand or notice, or Icl in the event. each ~nd every the stipu4tion~,
egrecments, conditions ~nd rnven~nte oi said promi~~ory aote and thie mortgage. any or either. ~re not d~ily.
promptly ~nd fully p~[ormed. dischugsd. e:ecuted. effected. rnmpkted. complied witA u~d abided by. tMn. in either
or any aucA event, the aaid ~ggregate som mentioned in eaid promissory noce then remaining unpaid. ~rith interest
accrued, and sU moaey~ secured hereby. ~hell become due and p~y~bk forthwith, or there~iter. ~t tAe option of said
Mortgegee. aa tully ~nd compktely •a i( sll of the said sume of name~• were origindly stipalated to be paid on
such d~y, anything in said promiaeory ~ote. and or in thie awrtaage to the contrary notwithstanding, and
thereapon or thereatter at the option of ~id Mortgagee, without notice or datnand. ~uit at l~w or in equity,
theretofore, or th~fter begun, may Ae proaecuted ~s it dl moneya sscured heroby A~d matured prior to ita
in~tiwtion. .
That in the event tA~t st the be~cinninq of or ~t any time p~ndin~ any auit upon this mortatae, or to fotecbx
it. or to rotorm it, and/or to enforce p~yment of sny claim~ hereands. •a?d NartRages sl~all ~pply w the court
having jurisdictan thereot tor the ~ppointmene of a fte~ceiver, such court shall torthwit6 appoint • Reosiver ot aaid
mortgaged property ~U and ~ingulu. inciuding all ~nd singular the rent~ income pro6t~, issue~ ~nd revenues from
what~ver eource derived, eacb and everv ot which. it beina ezpresdy underacood ia hersby ~aort~aed as if
specifically eet forth and dexribed in the granting and habendum cLuees hnreof, and euch Reoeivar ahall have
li aD the broad and eNettive tunttione and po~vers in anysise entruated by a tourt to a Receiver, aad auch appointmer?t
shall be made by euch court s~ an admittsd equity ~nd s matter ot ab~olute rigt~t to eaid Mottgagee. and without
reference tn the adeqwey or inadequacy of the value ot the pmperty mortgaged or to the solveacy or insdvrncy
ot aaid Mortgagor andlor ot the defendant~. and tlut euch reats, profita. income, iaeues ~nd r+evenues dull be applied
by such Receiver ~coording to the lein and!or equity of aaid Mortgagee ~nd the pr~ctice oi s~ch oaut.
8. It ie undentood •nd agreed ttut tlus mortg~ge is given w secure, in ~ddition to the note or obtig~tion
~bove described any additioaa! {oans ar futur+e adv~nces m~de within twenty yeere irom date hereof by the mort~agee
to said mortg~gors or any successor ia titls of wd rrwrtgagors oi the peoperty hersby oonveyed: provided tJ~t the
total unp~id bdance of the indebtednes~ ~ecured hereby •t any one time ehall e:ceed the ma~mum princip~l
.ma,nc oc FIYE TF~USAND NINE HUNDRED TWENTY TWO ~(5,922.00) novars
!i 1. plus intere~t thereon •nd any dieb~usements made by the mortgagee for the payment ot ta:ee. kvies or inu~rance
on the propvty encumbered 6ereby, with iet~est oa sucA disbursements.
IN W[TNESS WHEREOF, the said Mortgagor hae e:ecuted this mortgrge under sed oa the day and year l~erein
first above written.
Signed, deliv in the p ence ~`e:('/N~?^
` ~ , ? 2, 7l
~ (SEALI
r - c e ~ s_ rnar
ISEALt
~ ~ ~ Patri ci a J. Barnard
STATE OF FLORIDA ~ ~
a~.
COUNTY OF ST_ LUCIE
~p~ Dennis L. Barnard and Patricia J. Barnard, his wife of 1353
S. Patrick Dr., #4, Satellite Beach, FL. 32937 .
w me weU known ~nd lmown to ms to be the indfvidual.~ descn'bed iA and wbo ~eented ths taragoing inrtruane~?t, •
~nd aelmowbdgsd bsfore me that ~a....yb:ecnted t6e wms for the qapo~ss tbarsin e:preasd. -
wITNESS my hand and oificia! seal chis 30th ~r Janu _ •
- • . _ ~
o R 283 N~ ~,b~ ~ ~ . -
~~~F 233 ~ ~ti ~ ~ ~
M~athe~
rm
~n~ M. Cahtait~. . -
~ Sept. 26, 1~
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