HomeMy WebLinkAbout0953 4~IE
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CtERR CI~1C111T ~OU T
•"A^ VEqIF1E0
Auc 15 8 a3 AM'16
413533
~hail Mw tM optjoa to receive and ~pply tAe eams on aooount ot the iAdebtednsss eecursd Mreby or w permit
iaid Mattgsaor to nc~ve and use it or any part thereot to~ othe~ purpa+s~ without tMrsDy wdvin~ or imp~riag
.Ar .qwey. lisa or right under or by virtue ot ttis mortga~e: and in the event said Mortgagor sl~aU tor any reason
tail to keep tM said promises so insured. ar tai! W deliver PrumPtly any ot said poiiciss oi innuanos to nid
MortRase~. or fail promptly to p~y h~Uy any pcerinium tl~e?efor, or in any rospeet tai) to pesfam. disel~ar~,
e:cnte, etteet, compkte, comply ~rith and sbide by thia rnvenant, or sny part hereof, eaid MortRy~c~e may plaoe and
p~y fa aoch insurance or any part thereof w~ithouc ~vaiviog or aftecting any option, tien. equity or rigAt under oe by
virtue of this mort~gs. and ths tuU amount ot each aad ewry auch payment a4?all be ima~edi~tely due and p~yable
and ~6a11 be~r interest hom the date therodi unu7 paid at the rate of ten per centum per anaum and tAgether ~rith
auch int~t shaU be seeured by the lien oi this mortg~gs.
4. To permit, rnmmit or sutier no wasta, impairment or deterioratiow of aaid property or any pu~t tlxreof.
5. To pey eJ1 and ~ingular the coats. charges and e:penses. including reason~ble lawyer's tees and co~t of
abatruts oi title, incurred or p~id st• any time by aaid Mortgagee becauee end~or in tAe event ot the ta~un on the .
paK oi the ~aid Mortgagor W dulY. promptly and fully pe~iorm. dteeharge. e:ecuu. eHect. oompkte, ca~ply with .
and ~bide by e~ch and every the etipulations, agres~nsnts. conditiouus and oovenanta ot said promissory aoce, and
tAie mort~ge. any or either. ~nd said rnsts. .chuges aad s:penaes. e~ch snd every. shall be immedi~tely due and
p~ysble, whether or not ehere be notice, demand, attempt to collect or ~uit pending: ~nd the tull amount of e~ch
and every such p~yment shall bear inter~t (rom the date thereof until pai~1 et the nte ot ten p~ centum per
~nnum: and aU ssid coats, char~ss and e:penses so incurred or Wid. totsethe? wit~ such interest, eh~U be eecured by
the li~ ot tAu mortgags.
6, 7Lat Id in the evsnt of any bre~ch ot thia mortgags or detault an tM part ot the Moetgig~or, or Ibl in the ~
• eveot any of eaid sums of money hvan reterred to ~e not promptty aad fuUy paid w~ithin ten days nszt after the
s~ms sseerally beooms dus ud p~yabls. w~thout dem~nd a notice. or Icl in tM event each ~nd every the atipulations.
agreementa. oonditions and oovsnants ot s~id promiswry note aod tLis mortgage. ~ny or ~the~. ars not duly.
prr?mPtly and full~' Periormed. diseharg~sd. e~euted. effected. oompleted. complied with and abided by. then. in eitl~r
or any suct~ event, tbe said aggreqate sum meAtioned in aaid promisso+y note tl~ea reenaining unpaid, with interest
accrued. ~ad all moneys secuted hereby. shall become due and pay~ble farthwith. or thereafter. at tl~e option of said
Mortgagee. ae fu1tY and comRktety ~s if all of the said sums ot nomep were origin~lly stipulated to be peid on
such day. anything in ~aM promisaory noto. and or In tAis mortgage co the contrary notwrlthstanding and
tbereupon or tl~ere~ft~ ~t the option ot s~id Mortg~gee. without notice or damand. suit at law a in equity.
t6eretofors. or thereafter besun. may be prosecuted as Ii all moneys ssc~ued Aersby Sad matnred prior to its
institutioa.
T. Thtt in the event that ~t the beginning ot or at any time pending eny suit upon this mortgage, or to foredose
it, ot to reform it. and/or to enforce p~yment ot any claims hereunder. seid Mortgages ehall apply w the court
l~aving luri~dictioe thereot for the appointment ot a Recsiver. ~uc6 eonrt shall Eorthwith ~ppoint a Reosiver d said
~8~ ProPelLY ~ll and singulu. including all and aingular the rents income p~o6ts. iseues ~nd revsnuea trom
what~ever souree derived, e~ch and every of which. it beiag espressty underacood ie hereby mortgaged as if
~ ~petifieally set forth and described in the granting and h~bendum clsuees Fereof, and such ReceivQ atuli have
( all the broed end eftective functions snd powers in anywiae entrusted by a court to a Eieeeiver, and such appointment
i ahall be mede by auch court es an ~dmitted equity and s mattu ot sb~olutc riAt,t to eaid Mortgagee, and without
j rtterencx W the sdeqwcy or inedequacy of the valur oi the property mortRaRed or to the solvency or ineolvency
of s~id 1Nortgagor andlor ot the detendant~, and that such reate. pmfit~, income, iasuea aed revenues sh~U be applied
by snc6 Reeeiver according to the kin snd/or equity of said Matgagee and the practioe ot wch oonrt.
i
s 8. It is undezstood and ~greed that this mortgage is ~vsn W sscuee. in addition to t6e note ar obligation
above de~c»'bed any additiona! lo~ns ar futnee ~dvaness m~ds withirw tweaty years [rom date he~eof by t6e mo~gagee
~ co ..id moccsagors a any euoeessor ia ticle ot said mo~tgagors ot che prope~ty hereby conveyed: provided t6.c c6~
~ Wtal qnpaid b~lance oi the indebtedneas secured hereby aL any one time ehall not e:ued the ma:irnum principal
~ amounc ot EIGHT THOUSAND FIVE HUNDRED THIRTY TIdO (~8532.00)----------------D°~"
ff 1. pius intetest thereon and .ny disb~rseaxnU made by che morcgagee or ths payment ot tues. kvies or insurance
~ on t6e proparty encumbered hereby. with int~reat on suc6 diabursements_
~ IN WITNESS WHEREOF, the said Mortgagor hae e:ecuted this rnortgage under sed on the day and year herein
' fir~t above written.
~
~ 3ignsd. ~e~led ~nd delivered in the pr~senca oi: -
~
~
x (SEALI
~ arles R. Allum
~ ISEALI
~
d
- 3TA7'E OF FLORIDA
ss.
OOUNTY OF 3T. LUCIE
~ Char~es R. Allun of 3125 Chamberlain, Buchannn, Mi. 49107
- Before me persoaallY aPP~~ ,
- t*- .
~ -
to ms wdl known and lmo~wn to ms to bs t6s individwL.. das~zibed 'm and w6o ~eeuted ib~ ioe~oios ioete~t.
~nd ~dmowid~sd befoee ms th~t ....b~.... a:ecuted the same far tDe piQpores therein a:pcwMd.
~ . . •
~ wt'!'[dESS mr 6.na .na of~l .e.l chis l lth d.y ~ June . . - _ ?
~
~i ~
~ rto~ar~"f~iE 3~~--
~ 0 R _ cL. ~~eos
.td.
eooK 292 951 M, ~
~ ,
~ March 8, 1982
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