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~`' .
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