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HomeMy WebLinkAbout0953 4~IE COro~il~t~A~ ~ 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 ~ ?~'J«:TiK - +a.~`.__ _ ~ ~ _ _ ~r ~~-:.T~ y 4 u.~~j.n 5'--'~ ~ ~ ~ ?-rs..~~ - "~S , yy~: `ry ~ ~+z'/' ~ ~ ~ ~~~F' '~~,3 y„_... y . y ~ ~ ~ ` ~z . ` s~, ~ ,,w a r~-t~.., ~ . _ „ .