HomeMy WebLinkAbout0270 AM REOOAOE ~
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shall bave tAe option to receive ~nd apply the aame on account ot the indebcedaess eecured hsreby or w permit
said Mortgagor to receive and uee it or any p~rt thereot for other purposes without thereby ~raiviug or impairing
~nJr equity, lien or right undsr or by virtue ot thia mort~ge: aad in the event said Matg~gor ehaU tor any re~wn
tail to iteep the said ptemises ~o insured, or tail to deliver promptly any ot said policie~ oi in~uranos W~aid
Mortgages, or fail promptty to psy fuUy ~ny prEmium theretor. or in sny respeet fail to pertocm, disshargr,
e=cute, efteet, tompkte, comply ~vith and ~Aide by thi+ covenent, nr any part Aer-e~+f, aaid Martgages m~y pl~es and
pay tor aucA in~uranae or ~ny part thereof +rithout weiving or at[ectinK any opt~n. Gen. equity o~ rigAt undet or by
virtue ot thia mortgage, aad t~e tuU ~mount oi esch and every eucA p~ymeat ~haU be immediately dus aad p~y~ble
and sAall bear interest from the data thereof until paid •t the nte ot ten per ceatum per annum ~nd together with
~ucA interost ~Aall be secured by t~e lien ot this mortg~ge.
To permit, commit or euffer no ~raete, impairment or deterioratan o! aaid property or aay part tAereof.
S. To pey ~U •nd ~ingular the coate, eharqee and e:pen~, including reesonebk lewryer's tees and cost ot
ebatncts ot tide, incurrod or p~id et• any time by said Mortgagee becauae andlor in tbe event of the (titure on the
part of the ~aid Mortgagor to duly. promptly ~nd tulty perform. discharge, e:ecute. effect. eomplete, oo~nplY witl~
and abide by each and every the stipul~,tioas. agreements. conditans end oovenants of eaid pwmiseory note, and
chi~ mortgage, any or either, and eaid coats. charges and e:pen~es, each and every, ~hall be iminediatdy due aed
p~ysble, whether or not there be notice, demand, attempt to collect or suit peading; ~nd the tuU unount of eacA
and every such payment ehall baar intereet irom the data thereof until pai.i at the rate of tan par oentum par
annum: and aU aid costa,.charg~ee ~nd e:penses ~o incnrred or paid, together with euch interest, ehaq be secured by
the lien ot this mortgage.
6. That Ie1 in tl~e event ot any bre~ch of thie mortg~gs or default on the part of tAe Mottg~gor, ar (bl in the
• event any ot naid aums ot money herein ceEerred to bs not F~PUY and tully paid witAin teu days nast after the
aame severally becoms due and payable. without damand or notice, or Ie1 in the eveat each and evsry tbs stipul~tions.
agreements. conditions aad eoveoants oi said promissory note and this mortgage. any or either. are not duly.
promptly aad fulty p~formed, discharged, e:ecuted, effected, compkted, complied with and abided by, then, in either
or any such event, the ~aid aggregate sum mentioned in said promiasory note tl?en ~eQUining unpaid. with interest
accrued, and aU moneys eeeured hemby, ahell become due and payabk forth~rith, or t~ereaher, at tM option ot said
Mortgagee. ~a tully ead oompletely ~s if dl of the said sums ot nomey were originaUy stipulated to be paid on
such day. anything in eaid promiasory note. and or in this mortgage to the contnry notwithstanding and
thereopoa or there~fter at the option ot eaid Mortg~gee, withoat ootice or damand, suit ot law or in equity,
theretotore, or thereatter begun, may be prwecuted as if~all moneye eecured hereby hed matured prbr to its
instiwtion.
7. 'Ihat in the event that ~t the beginning ot or at aey tune pending any 9uit upon thia mortgage, or to forecbse
it, or to roform it, ~ndtor w enforce payment ot any daims heraunder, said 4lortg~ges ahall ~ppty to t6s oourt
l~aving jurisdiction thereof for the appointmeat ot a Receiver, such caut ehall torthwith ~ppoint a R,eoeiver ot eaid
awrtg~ged property all and ~ingulu, including aU and ainguler the renta inoome pro~te, issues and revenues trom
whatever source derived, each end every ot which, it being e~preesly underatood ie henby enortg~ged as if
spetifically xt torth and described in tlie Rranting and habendum claaeea herPOf, end such Receiver ehall heve
all the broed and efftctive funcLiona and po~rers in anywi~e entrusted by • court W a Reeeiver, end auch ~ppointment
shell be mede by ~uch court as an admitted equity snd a matter of ab~olutc~ ciRt.c to ~aid Mortgagee, and without
reference to the adequ~cy or inadeqwcy ot the value of the property mortgap~ed or to the eolvency or ineolvency
~ of ~aid Mortgagor sndlor of the defendants, and thet euch tenta, proflts, incame, isaues and reveeuee elWl be applied
' by aucA Receiver aceording to the lein and~or equity of said Mortgagee end ehe practice ot sucA oonrt_
8. It ie understood and agreed that this morRgage is given to secure. in addition to the note or obligation
ebove desuibed any ~dditiond bans or tuture adv~nce~ made within tweet~c years [rom date ha~eof by the mortgaqee
to said mortgagrxs or any a~cnssor in tit{e of ~aid mortgagors ot the property bereby rnnveyed: provided th~t t6e
total unpaid balance of t6e indebtedt?ea~ secured hereby ~i eny one time ehall not e:ceed the ma:imum principa!
amonntot FIVc THOUSAND EIGHT HUNDRED THIRTY (5,830.00) Douus
1= 1, ptue interest thereon ~nd ~ny diebursemente made by the mortgag~ee for the payment of t~ea, levies or insiuance
on the prop~rty encumbered hereby. with intaest on such diabursements.
IN WITNESS WHEREOF, the said Mortgagor hae e:ecuted thie mortgage under seal on the day and year herein
first above written.
Signed, ie~led ~nd delivered in the presence of:
(3EAL1
_ . (SEALI
• ern ce . aus eer
STATE OF FLORIDA
~e.
COUN1'Y OF ST. LUCIE .
Betore me personally .p~.~a Louis H. Hausheer and Bernice W. Hausheer, his wife of
7695 SW 104 St., Miami, FL. 33156
to me well known and known to ms to be tM individu~l.. Sd~ibed ln ~ad wbo esecut~d the toregoiag it~tq
and ~c.lmowledged betore me thst t.bs...3/e:ecuted t6e rame for th~ p~apores tbtain . .
t ~
WITNE93 my hand and oHkia! ss~J this ~7t.t1- day oi r' ~ rT..- . '~'7 ;
c- -
~a~~ 28~ ~~f 2'Tp N~,, ~b~ ~ g• ~ J -a r ~ -
c6e co~ncy .na stacs ~iroye.a~Q:
CatherinA M. Ca ~ _
~ a~ty aommi..ton espire,: ~~.`'!T~'~~~•~=~.
~ SeQt. 26, 1980 .
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