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HomeMy WebLinkAbout0978 1100ER~/lA. ~ ~ ClE11K CIRCUIT CO ~ vEP•~IEO Auc IS 8 4s AM'16 - 41:3548 shaU luvs tM optioa w receiva and apply tAe ~ama on account ot the indebcrdness eeeured hereby or to petmit said Martgs~o~ w receive and uss it or any part thareof tor othar purpoa~s without tbereby wd~•ins or uaP~oB any equity, liea or riaht under or by virtue oi this mortgage; u~d in the evsnt sakl I?fortg~gor sAall tot ~ny reasoa tail W iteep tbe said premises so insuced. or tail to deUv~ promptly any ot aaid polick~ ot inwranos to aaid Mortg~e~, or [ail promptly to p~y tuUy ~ny pnKnium therefor, or in any respect fall to parform, discharRs, e=cute, ettect, compkte, comply writh and abide by this covenant, or em• p~rt hereot, eaid Mort~ges may place and p~y tor ~uch insunnce or any part thernof ~vithout wai~ring or ~HectinR ~ny optian, lieo, equity or right under or by virtue ot this mortgage, and tbs fuU amount ot e~cA ~nd every sucA p~yment alull be ia~mediataly due aad p~ysble aad sFuU bea~ interest -trom t6e date thereof uatil pald ~t the rete of ten per centum per ~nnum and Rogether ~vith ~cA iatersst ~haU be sscund by the lien ot t6is mortgage. 4. To permit, eommit or ~ufter no wuta, impairment ar deterioratan ot said property or any part thereol. S. To pey. ~U and sinqular the coate, cherRee snd e:pen~es, inclnding reaeon~ble lawryer'~ fees and oo~t of aGatncts ot titk, incurred or paid at• any time by said Mortgagee becawe andlor in the eveat oi the [ailure on the part ~t the ~id Mortg~gor w duly. promptly and fully per(orm, discharge. e:ecute. etieet. oompkte. comply with and abide by e~eh and evecy the etipuLtions, agreements, rnnditioeu and covenanta of said promissory ~ote, and ' thia mort~ge. ~ny or eithe~. ~nd eaid coats. charRes and e:penses. esch snd every, ahall be immedi~tely du~ snd p~yabk, whether or not there be notice, demand, attempt to ooUect or suit pending; and the tuU amount of esch and every aucA p~yment shaU b~ar interest from the date ~heteot unW paid et the nte o! ten per centum per ~nnum: and aU ~id eosta, chargee and ~penxs ~o tncurred or paid, together with aucA interest, shall be eecured by the lien ot this mortgags. • 6. Th~t lal in the event ot any bre~cA of this mortgage or default on the part ot the Mortgig~or, or (b1 in the • event any ot aaid sums ot money here~n roferred w be not PromP~Y P~ within ten days n~t after tbe eame sevenUy become dne and payaWs, wiLhoat demand or notiea, or Icl ie tAe eveat each and evary tLe stiEwl~tions, agreementa eonditions and oovsn~nts of sdd promissory note ~nd Ws matgage. any or either. ars aot duly. promptly aad fully performed. dischargsd. e:ecnted. eitected. compkted, complied with and abided by. tbea, in at6er or any soch event, the said aggre~te sum mentioaed in aaid promia~ory note then ~emaining unpaid, with iaterest accrued, aad all moneys secured hereby. al~all become due tad p~yabk fortbw+ith. or thereaher. •t the optaa of said Mortgagee, sa fuUy and rnmp{etely as if aU of the eaid suans oi nomey were originally etipuLted to be paid on auch day.• anythin8 P~~Y ~wta. and or iu this mortg~ge to the cantrary natwitAatandin~ and tberenpon or there~fte~ at tl~e oQtion ot s~id Mortgagee, witbout notice or d~mand, suit at law or in equity. tharetotorG or thee~e~her begun. may ba proeecuted as it all moneye eecnred her+eby had matured prior to ite institaitan. ~ 7. That in the event tlut at the beginning of or at sny tiwe pending any auit upon thi~ mortgage, or to farecbse i~ or to reform it, and/or w enfom paym~nt of any cLims here~nder, said Ma~tgagee ah~ll apply to t6e court having jurisdiction thueof for the appointment of a Receiver. ench court shsll torthwith appoint • Recaiver ot said mortgaged property aU and singulu, inc}uding all and aingular the renta income profits, iesuee ~nd revtnues from whatever source derived, e~eh and every of which, it being e:pressly underscood is hereby mortgag~ed ae if ; apecificatty aet forth and dexribed in the Rranting and 6abendum clauaes FPreof, end auch Receiver ahall have all the brosd ~nd rffective functione and po~rers in any~rix entrusted by a court to e Receiver, and such ~ppointment ~ ehall be made by auch court se en admitted equity snd a matter of abaolut. : iRt.t w said Mortgagee, and without ~ refetence to the ad uac or inad wcy of the vdue oi the ~9 Y e9 propertY mortgaAed or to the solvency or insolvency of s~id Mortgagor and/or of the detendanta, and that sucs rents, profits, inoome, issues and revenuee ehall be ~pplied ' by auch Reeeiver aeoording to the lein and/or equity ot aaid Matgagee and tbe practioe ot snch aourt. i - - ~ 8. 1~ Is 11Dd!!/~OOd alld i CbIL ' c $i~l~ mO1~f~Q ls g1V0II t0 SlC11~E." lII t~l~lOA LO ~~le IW~e 0~ Ob}1$A~IOIt ~ above described any additioaal ioens ar tutnre advances mads ~rithin tweaty ye~rs from date l~ereof by the mortgagee , to sajd mortgagors or anr snocessor m Utle of said awrtgagors ot the propecty t~ereby conveyed: provided th~t the ~ total unp~id bdance of tl~e indebtedness secured hereby a: any one time ehall not ezceed the mazimum principal ~ amount ot S I X THOUSAND ( 6~ 000. 00) ~ouue ' 1: 1. plne interesi thereon and any disbursemente mede by the mortgagee for the p~yment of ta:ee. leviea or insuranoe ~ on the pmperty encumbered 6ereby, wit6 inta~st on such disbursemeats. ~ IN WITNESS WHEREOF, the uid Mortgagor hae executed thie mortgage under aeal on the day and year herein ~ fvst sbove written. ~ ¢ Sigued, ss~led and delivered in the presence ot: ~ ~ ~ ~ ISEALI ~ Douglas Sweeny ~ ( . ISEALI ~ Ada M. Sweeny STATE OF FLORIDA - ~s. COUNTY OF ST. LUCIE ~ G ~io~ ~~,oo,~, ,p~ Douglas T. Sweeny and Ada M. Sweeny, his wife of , ; ~ - 2920 Clear way. Orlando, FL. 32805 ° s ~ > to me weU known and Imawn co~s to be t6e individn~l... dssQibed 'm and wbo ~ecvted t6e t ' r;•., '._6.:- { and u~nowbdged befors me tlrt L_6~1.. e:scuted the wme tc~ t2a - ~ p~uposes tberein ezpre..ed. ~ ~ y~,,, 23rd Jun ~ ~ WITNE3S my l~and and offkial ~ed this dq of - ,~t~. - ~ ''M' .y' `'~t ~ i.K:>• ~ Not~ry Poblic i~ ~ ~ ~ the Co~nt~ ~nd Y ~i~`' . dOCK ~~7~r PAGE t7 ( V Mq ~f-~ ; - ~~/~'e. ; ~ . _ --r-----~--_ ~ - - - ~ ~ ~ ; ~ r ~ 'ri y:- ~ :w F~-:-f ~n~~ r f ti s ~ : ~ ~s '?L -~'~~"~'.S''~r's`+-ho ~ . ~y X°Tr . m~ M-.` avo... . ~i .+'ri~e 1 5"~"W=,`'g.}~'-t