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Home My WebLink About0241 i~iuc~E couMTY fu ROCER ~OITIIAS C1 E~K Ci~tCWT CO T ~ ~ - . • ~~rF~~1E0 M~R l 10 29 ~M'~6 395940 ' sl~all baw the option W receive and appiy tas same on ~ooount oI th~ indsbtedo~ ~scur~d Mreby at to pwmit wd Mo~tga~or w receive and uss it ar any part th~eot tor otMr purpow without tbKSby waivint ar Impairie~ any equity. liso or risAt und~r or by virtue of thii mortsa~+: and in tl~s ewnt njd Mortsa~ ~AaO ta ~ny ee~wn fail w ke.p cM raid proa~i,s. w iasured. or taii co deliv.r p~ompcy any ot ..'sd poLciM ot inwnaa w wid Mort~a~. or tail promptly to p~r tuUY ~~Y P~~uw theretor. or ia any rwp~et fait to P~etorm, distAtr~. ~eute. eHeet. compkte, comply aith and abide by this eovenant. or ~ny part Aereot. ~aid Mort~e~ en~y plaa aad pay Eor such insur~nos o~ any parc eherooi w~ithout waivins or aHsctiag •ny a~pcion, lien. .quicr or risec under or by virtue ot this mortgaga aad tbs full amount of eRCh and svery such parrn~nt shal! b~ im~ediatdy dw aod p~~rabls aad ~lull bear int~e~t from tbe date tlieceot until paid ~t the r~te o( t~n par ceotum p~ annum and to~tMt wlth ~eb intere~t shall bs ~scvrod by t6e lien of tl~is tnortga~. 4. To perinit. oommit o~ ~uHer ao waste, impairna~nt or detarioratioa of said p~oparty or ~ny p~rt tMreot. S. To pay all and singular the coscs, clur~ and e:pens~s. including re~sonabls lawper's Ees~ aod oost of abatnctr ot title, incurred or paid at• ~ny time by ~aid Mortgsg~e because and/o~ in tl~s eveat ot tlie 1~~1urs on tbs p~rt ot ths said Mortga~ w duly. peomptty and tullp p~riorm. disc6arp. eucote. eHect, oompl~, oomply with ,~nd ~bids by e~eh te~d every the stipulation~. as»~msnt~. eoeditb~ ~nd oaveaants o[ wid promia~oq? not~s. and this mortgaRe. any or eitber. and said oost~. chat~e~ and ~pense~. e~ ~nd every. shaU bs immedi~tteir dus aad WYabk. whether or not th~e be notice, demand. ~ttempt to cdleet or suit ps~ding; aud ths fWl ~ma~nt of e~eh and every sueh paymeat shall be~r intere~t tram the d~te tbeeeot uaU7 paid ~t the nte ot ten per oentum per . annum: urd aU said co~ta. chargss u~d e~pen~ so L~curr~d or p~id. Waett+er with such inteee~t. aAall bs ~eenred by the li~ ot tD'u mortgagr. 6. That ta! in the eveat of ~nr brMCh of tl~i~ mortpp or d~fault oa tbs p~rt of t6s Mott~i~, o~ fbl in tbs - ev~t auy ot said snms of mooey Reran eshrred W Ds eot promptly ~nd tugr paid wit~in tan dar nezt att~ tlr sams ssvar.lly beoom. dus .nd pay.bl.. wichoat dea?and or nocios. or k) in cbs went e.cb and ev.q cbs .t3pul.cioa., a~reemeats. conditbna and oowoants ot rid promissory nofe aod t6i~ moe'.sa~s. any a eithar. ais oot dab?. promptly wd tully p~rtormd. di~ch~r~ed. e:seuted. effeeted. oomPkted. oanpiied witl~ ~nd abidsd by. tl~n. ia aitMr or any snch evenc. tM wid ag~reg~te sum meationed in ~aid pfomis~ory nots t6an remainioa unp~id, witb int~eest accrued. and dl moaeys ~scured l~sby. ehall bsc9me dua ~nd p~pabb farthwich. or td~reatt,ar. ~t t~e option at said Mo~tgages, ~s t~nUy and oocnpletsly as if all of the ~aid ~um~ ot nomsy were ori~naUy stipul~ted to b~ pid on such day. anythins in ~aid promis~ory not~. and or ia this m~ort~ to t6~ cantnrp notwith~taodinF and thsreupoa or thereafter at tbe option of sdd Mortss~es, without ootioe or damand. wit ~t law or in eqnity. tLaret~otore. or tAere~fter bssua maq be proMeut~d u if all mo~Ny~ s~e~usd dnby Aad matand prior to ita inatiwtion. ~reac ~n cee ~ac chac .c c~ ~ ot or ac .ny ctm. ~.ny ~,ic oPon cb;. or to foeeelore it. or to r~form it, andlor to entoros p~ymant of sey cWm~ 6erwnd~. a~id Matgags~ ~Aall apptp to ths oourt having j~risdietion th~reof for ths ~ppointmsnt of • R~iv~. ~ oa~rt ~haU torthwit6 ~pQoint a R~o~iwr d nid ~8~8'~ P~~7 vl and sit~gul~r. iac}udins aU ~nd sia~tlu tbs rsnq inoo~ae protiu. i~auM ~nd tewnttM irosn wiutevar ~ouros dKived. ~seA aad ewry of whieh, it b~ie~ upewt~r under~tood 'u liattbr matp~d u H spsafxaDY set torth and dMCn'bed in tbe arantins and hab~dum dauia~. hereof. aed snch R~o~iv~ ~ h~ve f all tbe brwd and eHectivs tunctioa~ and po~rs in anywi~e entruited b~ ~ court to a Iteceiver. and such ap~pantment ! shall be m~de by ~uch court a~ ~n admitted equity and • matter ot ~beofute right w said Mortgrgee. ~ad witMut ~ reference to ths adeqwcy or iuadeqwcy ot tke value ot the pr~nperty matgeged or W the ~olveney or inaoivency ~ of aaid Mortgagor andlor of the defendants. and th~t euch renu. profits. income, issues and reveaue~ ~daII be appiied by wch Receiv~ seooeding to the lein andlor equity ot said Matga~ee, and tse pnctiee ot tneb oourt. j ~ ~ 8. tc is under.tood a~ a~esd cbac u~i, mort~.g~. u siwo co ..cnra in .ddic;on w t6e nocs or oblipcion abovs de~aib~d anr addicbna! ban~ or futwe ~dvano~s mads within tweng ye~rs hom dat~ b~cwf b~ th~ mortsages ~ eo s.id mo~ta.ao~. o~ any .uow..or fn tiw ot ..jd mores.aw. ot ebs penpercr Aerabr oonvsyed: pcovW~d eLaae ehe ~ total unpaid b~lance ot the indebtednes~ sscured hereby at any ons time shaU not e:eeed the muimum principal ~ amount ot FIVE TNOUSAND FIVE HUNDRED SIXTY (5,560.00) ~ouars Is 1. ptus int~ce~t tAsrson and any disbur~ementa m~de by tAe mortg~gee tor ths p~yment of tue~. IsviM or ins~mnce oa tAe property eneumbered hersby. with interest oa ~ueh disburiemsnb_ IN WITNE33 WHEREOF, the said Mortgagor hss e:ecuted thi~ maetg~ge under ~e~l on t6e day and year Mrain fvat above written. ~ Signed. ~3ed and deliv~ed in t6e preeence of: , / ~ ~ ISEAL? 1 1 . ~ • ISEAI.) = Elli W. Nicks STATE OF FLORIDA ss. = COUNTY OF 3T. LUCIE ~ ~ ~t~ ~~y~p~ William J. Hicks and Elli W. Hicks, his wife of s 4562 Bougainvilla Dr., Lauderdale By The Sea, FL. 33308 ~ ~ ~ ~ r to me wsU known and imo~wn to m~ to bs th~ individua6. d~ib~d 'm ~od wbo ~z~rnt+~d th~ faedoioa t, = .nd adcmwld~d b~to» ms tl~.t ..~..yueeated ths ~ame ter tM'pivpo~ cb~ein e~es..~d. ~ wtTNESS my h.na .na ottkitl .e.t ch;. 8th ~ F~S`uary ~ ` ~ ~ ~ ot~r7 Pnbtic fn ~sc1 ~ ' ~ ~ R ~ cl,. Conncr.nd staq~:/k~.id. BSCK 283 P!?`E Z~, ~ather n M~#a~ , j.c~ . ~ ~ • ~ ~ Sept. 26, Z980 . : ~ - ~ _ _ _ _ _ _ _ _