Loading...
HomeMy WebLinkAbout0970 ~ocER ro~~~~~`~ ~ CIE~IR Cpaf ~It CO T YC Au~ 15 8 4s IW'1~ ~13543 shaU luve the option to roceive and apply the same on actount ot tlie indebtednsss secured hereby ot to pernut said Mortgagor to receiv~ ~nd use it or any part thereot tor ott~sr purposes without tl~eby waiviag or impairing ~ny equity, lien or right under or by vircue ot chi~ morcg.gs: and in the event said Mortgagor shall tor any ret~on tail to keep the said premisea eo inaured. or tail to delivtr proenpcly ~ny ot ~aid pdiciss o( in~urat~ to taid Mcxt~ges, or [ail promptly to p~y tuUy eny pcemium theretor, or in ~ny respsct fail to perform, discharge. e:cute, effect, eompkte, comply writh end abide by thi~ covenant, or eny p~rt Rereof, aaid Mortgages m~y plaas and p~y tor such insurance or ~ny part thereot ~rithout w~iving or attectinR any optioo, li~, equity or right u~ or by virtue ot thia mortgMgs. ~ad the tull amount ot each and every sucA payment ~haU be immediately dus and pay~ble ~nd ~hap be~~ uetere~t irom the date the~rof until paid ~t the nte ot t~n per ceutum per annum and together with ~uch intart~t ~MII be secared by tbe lien of thia mottgage. a. To permlt, commit or sufter no waete, impeirment o~ deteriorat'aa ot ~aid pmperty or any part thereof. 5. To pay aU and singulu the coeta, cAarRes and e:penses, inciuding re~sonable lawy~'a tees ~nd oost of ab~tr~cts of titk, is~eurred or paid at• any time by ~aid Mortgagee becawe andJor in the event ot the failure on the p~rt of the said Mortgagor to duly. promptly and [ully pecform. diseh~rgs. executr. effeet. oomplste. oomplY with and abide by c~ch and every the etipulatioas. ~greeiaeet~. eonditions and covenants ot said promissory oote. and this mortgsge. ~ny or either. ~ad eaid co~ts. charge~ and e:penees. e~ch end every. ehall be iminedi~tely due and peyabk. whether or not thue be notioe, demand. ~ttempt to collect er auit pendiag and the tuU amount of esch and every auch paymeat el~U bear intereet trom the date thereof unW paui at the nte ot ten per centum per aanum: and sU said coets. charges and e:pensea so incurred or paid. tog~ether with aucfi intereat, shall be secnred by the lien of this awrtgage. 6. Th~t Ial in the event of any bro~ch of thia mortgage or detault on the p~rt of tl~e Mortgigor, or Ib1 in the • event any ot said sums of moaey herein rofe~red to ba not promptly and tully paid within ten daya nert ~fter the same sev~ally beco~ne due ~nd p~yable. wit!?out demand or notice, or Ic1 in tM event eacb ~nd evary the stipulatione. ~ agreement~. conditioas ~nd coveaante of said pmmiasory note and this mortg~ge. any or either. aro not duly. promptly and [uUy p~tormed. dischuged. e:ecuted. effected. compkted, oomplied with and abided by. then, in either or any such event, the uid aggregate sum mentioned in said promie~ory note then remaining unpaid, with intere~t ~ecrued, end all moneye secured bereby, ahall becorm due and p~yabk forthwith, or thereafter, at the optan of said Mortgagee. a~ fully and rnmpletety as if all of the said sume ot nomey were origi~ully etipulated to be p~id on sucly day. ~nything in said pwmiswry note. aad or in this avortgage to the contrary notwithst~ndiag, and thereupon or thereaft~r at tl~e option ot eajd Mortgag~s. without aotice or damand. suit at law or in equity. theretofore. or the~tter begun. ~aay be pco~scuted ~s if all moneys sscured hereby !ud matured prior w its inatitutan. T. Th~t in the event that ~t the beginning oi or at any time pending any suit upon thi~ mortgage, or w foreclox it, or to reform it. ~nd/or to enforce p~yment of any claims hereunder, ~aid Mortgagee shall apply to the court l~aving jurisdiction thereof for the appointmeiit of a Receiver. snch eourt ehell forthwith appoint a R~eceiver ot said mortgaged property aU aod aingutar, including all snd aingular the rents income proCta, iesues and revenua from whatever souree derived, e~ch and evi+ry of which, it being e:pressly underscood ie hereby mortgaged as it i specifically set torth and dexribed in the granting and habendum clauee~ h~reof, and euch Receiver shall have ~ all t6e bro~d and pffcctive functions and powrers in enywix entrusted by • court to s R~ceiver, and ~uch appointment ~ sh:ll be made by euch court ae an admitted equity ~nd s matter of ~beolute :igt.t to said Mortgagee. end writhout € reference to the ~dequacy or inadequacy ot the vdue ot the property mortga~ted or to the eolvency or insolvency ot said Martgegor andlor of the defendants, end that such rents, pcofits, income, i~es ~nd revenues shall be applied by sacA Reeeiver according to tAe :ein ~nd/or equity ot aaid Martgagee and the practice of such oourt. I ~ 8. It is understood and egreed that tAis mortgage is given W secure, in ~dditioa w We eote or obligation ~ above described any additional lo~ns o~ fntnro ~dvsnoes mtde withm twenty years from date hereof bY ~~~B'~ ~ to said mortgagors or anq sneceseor in title ot ~aid mortgagore ot the property 6ersby oonveyed: provided tlut the a total unp~id bdance of the indebtedaes~ secured h~reby ai any one time shall not e~[ceed the maumum principal ~ amoant of S I X THOUSAND TWO HUNDRED E I6HT1~ ( 6~ 280. 00 ) D°~" ~ It 1. plus interest thereon and any disburse~neuts m~de by t mortgag~ee tor the p~yment ot tuee. leviee or ins~uance ~ on the propvty eacumbsred hereby. with intenat on suc6 disbureement~. ~ IN WITNESS WHEREOF, the said Matgagor hae e:ecuted this mortgage unde~ sed on the dey ~nd year herein ~ firat ~bove written. ~ Signed, se~led and deGvered in the presence ot: ~ ~ (SEALI ~ r . ~n re ~ ISEALI ~ Mary K. Oinsmore STATE OF FLORIDA ea. ~ COUNTY OF 3T. LUCIE ~ g~~ ~~~Ml}y aP~~ Robert B. Di nsmore and Mary K. Di nsmore , hi s wi fe of z 3 ~ 12700 SN 72 Ave. Miami, EL. 33156 ~ ~ to me wdl knawo and Imown to ms to be tM indfvidwLS de~aribed in ~nd wbo u~t~d t~ ,~~olRrnmant, - and acknowledged b~tore me tliat .~hs.Y ~acuted th~ wme for t6~ purpoMS thersin e~es~sd,;y";~=-;;~i'` • w;! :t•' k wr~ss e.na .na orr~.i ,e.~ ce;s 19th ~r ot June io_~~ ~ 4 t ~ j T g Nota? #~Ybik".ln fQt• ^ i $ 0 R n~+Q : ` 292 Pacf ~~~v ~ ~ ` ~ ~ 60GK My ~ ~ - `C~.d~s?- g, 19t _ • _ - - - - - - 1 ~ ~ ~ , j~~~,~~``~° _ ' 4 ~ ~ ~ ~ F° `".~w'~-,~a-~,+C1"~^~.sv~-'jL+ ~„~,.~•~e 3 ~ yS-' ~~'°s' s-^~-'+~"w r`K' .~s. `s~'r~~`•~+4 - "3'..e- ^S" v f ~.1 s't,' ~'-~k~.~ . , ~ ~ r: ~ .