HomeMy WebLinkAbout0942 ' ~T IIOCERA~~~s l~. ~
CIERR CIRCUtT QO T
. _r ~_n yrq,FIED
Auc 15 8 k3 AN'18
. 413525 .
s1uD Aave tM option W receive and ~pply ths same on aaouat ot ~he indebtednssa secured lureby or to permit
s~d Mortgago~ to receive and ues it or ~ny part theieot for other purposes without ths~eby waivie~ or ieap~irinB
aay eqyity, liee or right under or by virtue ot this mortgage: and in the event ~aid Mottg~gor shail tor aay reason
(W ~o keep t.hs said premisea eo insured, or t~il to deUver promptly any ot a~id pdicies ot ian~rance to stid
MortgaRes, or fail promptly to p~y [ully sny premium theretor, or in any respect t~il to per[~m, discl~arge.
e:euta, ettect, compkte. comply with and ~Dide by thi~ covenant, ~~r sny part hereot, eaid MoKgagee m~y plaos and
p~y tor ~uch insur~nce o~ sny part thereot writhout ~vaiving or attecting any option, 6ea, equity or right under or by
virtue ot thie nwrtga8e. and tbe tuU aawunt of each aad every euch payme~t ~hall be imaiediatdy due and p~yabk
aad sluU be~r interost hom the date thereof unW paid at the nte ot ten per cenwm psr annum and Wg~ether w~ith
such interest ~haU be secured by tbe lien oi thie mortgaRe.
To permit. commit or ~utte~ ~w ~vaate, imp~irment o~ deterioratioa ot ~sid pcoperty or any part thereot.
5. To pey sU and singular the co~ts, chargee and ~pen~. includinB rea~on~bk lawYer's tees and co~t of
~b~tracts of titk, incurred or paid et• any time by ~aid Mortgagee becau~e and~or in tAe eveat ot t6e t~ilure on the
part ot the eaid Mortgagor to duly, promptly ~nd tully periorns. discharge. eiecvte. eHect, compkta oanply with
~nd abide by ~ch ~nd every the etipuLtions, agroemeats. conditions and covenanta oi said promissory noce. and
thie mortgaRe. any o~ either, and eaid co~ts, charges tad e:pen~es, e~ch and every, shaU be immedietely due and
p~yable, whether or not there be notice. demand. attempt to eolleci or suit pendinq: and the tuU amoant of each
and every such p~yment shaU bear iat~set from the date thereot until paid ¦t the nte of ten per centum per
annum: and sU aaid costs. charges and ezpenses so incurred or Wid. tog~tha ~ith auch interest, ehall be secuced by
the lien of this mortgags.
6. 'fhat l~l in tAe event ot any breacA of thia mortgage or detault on the p~rt of t6e Mortsagor. or (bl in the
- avent any of eaid auma of mo~y herein roterred w be not promptlY ~~Y P~ withiw ten days na:t ~ite~ the
sams ssverally beeome due and p~yaWs. witMat demaad or notiee. or Icl in the eveat eacA and every t!?e stipnlationa.
agreemsnts. oonditions and cov~nte ot s~id promiseory oote and this mortg~ga. aay or eiRher. ~re not duly.
P~PUY and fiilly p~formed. discherged. e:eeuted. eHected. oompleted. complied with ~nd abided by. t6rn. in either
or any such event, the said aggregate e~m mentioned in s~id promissorY n~te then remaining unpaid. with in~t
~ccrued, and aU moneys secured hereby, ahall beeome due and payabk farth.vith, or thereatte~. ~t tAe option of aaid
Mortgages. es tully ~nd oompietely as if all of t6e said suma of eamey w~ere originally etipulated to be paid oa
sucb day. anythins in said promissory note. and or in this mortgaRe to t6e contrary aotwithstanding snd
there~pon or there~fter at tlse option of said Mortgagse. without notice or dam~nd. ~uit at I~w or in equity.
theratofore. or thereafter begun. may be pmsecnted ae if all moneye secured Mrsby h~d matwed prior co its
iastiwtion.
7. That in the event t6at ~t tl~e beginning of or at aay time pending any suit upon this mortgage. or to [orecbx
it, or to nform it, and/or to enfo~ce p~yu~t of any claims hereunder. seid Mortgages nhall ~pply to the oourt
having jurisdiction thereof tor the ~ppointment of a Reeeiver. ~uch court ahaU EoKhwith appoint s Receiver of said
~6~8~ Pr~Pef~Y a11 and singulu. induding all end aingulu tbe ronts income profits. issues and revenues irom
whatever source d~ived, eieh and every of which. it being e:pnasty underecood is hereby nwrtga~ed se if
specifically set forth and desc~ibed in the Rrantic~ and habendum ciauses F.ereof, and such Receiver shall have
; all the broed and PKlCLIV! fI1MC10RS and pow~er~ in anywiae entru~ted by a court to a Receiver, snd ~uch sppointment
shall be made by auch court as sn admittt+d equity snd e matter oi ab~oluta :i~t,t to eaid MortRagee, and aithout
~ reference to the adequacy or inadeqwcy ot the v~lue of the property mortEtaRed or to the eolvency or ineolvtncy
i of said Mortgagor and~or of the defendante, and that ench rents, profits, inoome, issuee and revenuee e6aU be applied
~ by nuh Beceiv~ accading to the kin and~or equity of s~id Matgagee and the practice of such oourt.
~
~ 8. It ie un~rstood and agreed that this mortgage is given to secan. in ~dditian to tbe note or obligation
~ above described wy additiona! lo~ns o~ futurs ~dvaoces made within tw~nty ye~rs hmn date hereot by the mortgagee
; to said mo~aon or ~ny suooessor ia title of ~aid mortgagors ot the property M~rsby conveyed: provided that tbe
total unpeid baLnce of the indebtednese secured hereby at any one time shall not e:ceed the mazimiun principal
~ .mouncot SEYEN THOUSAND SEVEN NUNDRED TWENTY TWO (a7722.00)-------------~~
~ IS 1. ptus intecest then~on ~nd aey disbareeinents made by t6e mortgagee for tM p~yment of tuee. levies or insurence
~ on the pr»perty encumbered b~eby. with intereet oo auc6 diabursements.
~ IN WITNESS WHEREOF, the said Mortgagor hae e:ecuted this mortgage under eeal on the day and yesr herein
e flfl~ ~bOVE ~1«EII-
a
~ Signed, sealed wd deGvered in the presence ot:
~ 'v (SEALI
~ r v
~ / ~ ~ ~ 13EAL1
~ e ran
~ . .
= STATE OF FLORIDA ~
- COUNTY OF 3T. LUCIE
';z ~fo~ ~~~~u~,.pa.na Robert Moran and l~ierie Moran, his wife of
~
' ~~~n r,o++~h~~r~ nr Iitus~tille, F1 ~?7~0
to me wdl known and lmown to ms to be the individu~5.. de~sibed 'm ~nd w~o ~~cuted th~ ,f~oi~ iostrnm~?~
a= aad ~cJcnowlsdged before me that .~hs.~/ ezeeuted the ~ame for tt~e pupo~ee tberein e~ssd.-.~ .
r ~ •.:y
~ WITNE33 my hand and ot6cial eeal thii 15th dar ot 19
s,~
~ 1
~ NOtaiy B1~~iC .~A- , a~.
~ t6e Co~i~a~-~ 2~p~'~d-
~ BODK~92 PAGf Carolp ~:~ix-~fc~-'~e~~-
~
Ml~arc , l ' : .
~ _ _ _ .
~
~ . ~
~ r_ _ : _ ~ ~ ~
~ ~ ~ ~ °
g~~ ~ s.T'~ _ ~ ~ : ~~„~'w~r.~.at~~~g~~-
- . ~ ~ r "5'' ~?3
.zs~ r _.°,r - - -.~s-:s