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HomeMy WebLinkAbout0986 ~~~;T~; c~.EpK ciacu~t c ~ < < ~ ^P" Yf a~ilEO ~IIG ~ S 8 46 ~ 4~3553 ~hdl luve the option to receivs a~d ~pply the aame on ~ctoual ot tl~s indebtednsw ~eewed Aereby o: to permit said Matgasor w reeaive and use it or ~ny p~rt tl~areot ta~ othsr purposss without tbsreby waivin` o~ [mpai:ing any equity, liea or right undet or by virtue ot this mort~ge: u~d in ths event s~id Mortg~gor elwll tor u~y reawa fail io ke~p ~he s~M premises eo insured. or (~il W deliver promptty ~ny of s~id policie~ ot iu~unaos to s~id . Mortg~gea or tail promptly to pay lully any pernuum therefor. or ia any re~pect tai! to pertona, disd~args, e:eute, eftect, compkte, comply ~rith and ~bide by thia rnvenaat, or any p~tt !lereot, said Mort+ta(~es may pl~oe u~d p~y for such inaun~ce or any pert thereof witlwut waiving or attecting ~ny option, lian, equity or right under ar by virtue ot this mort~gs, ~nd tbe fuU amount ot e~ch aad every auch payment ahall be immedi~tely due ~nd payabk and ahail bear intereat trom the date thereof until p~id ~t tAe nta ot tan per centum psr anaum and toRether writh such interest ~haU be secaced by the lien of thie mortga~ce• 1. To permit, commit or sutfer no ws~te, impairment or deteriontion ot uid property or any part thereof. 5. To pay aU aod ainqulu the coate. chargee end e:peaees, including reasonabk ?swyer's feee and coat of abatracts ot title, incurred or paid at• any time by said Mortgagee becauee andlor in the event ot the t~Uure on tlu p~rt of the said Mortgagor to duly. promptty ~nd fuUy psriorm, discliarge. e:ecute. eftect. oompiate, oanpty with ~nd abide Dy eaeh and every the stipulatioe~. ~greea~ents. tonditions and oovcnants of said promissory note, and this mortgaqe. aay or either, ~nd eaid co~ts, charges and e:pen~es, eaeh end every, sha11 be immediuely dtk and payable, whether or not t6ere be notice, demand. attempt w collect or auit pending: and the fuU amount of each - and every such payment shall bear intereat from the dnte thereot until pai~l at the rata ot ten per oentum per aanum: and all said coets. charges and ezpenees so incutred os paid, together with wcA intereet. shall bs eecured by the lieu of this mortgage. 6. That 1~1 in tl~e event ot any bre~ch ot thi~ mortgags or detault on ths part of the Mo~tgagor, or Ib1 in t6e • evest any of said sums of money herein reterred to be not P~M~Y P~ within ten days ne:t aft~ t6e s~me severdly beeome due and payaWs, witbout demand or aotice, or !cl ia the event each and every t,Ls stipnlations, agreemsnts. conditions and ooveoaats of ~aid promissory note and this mortgage. any ar eftber. ars not duly. PromPttY aad tuUy pertormed. diseharged. e:ecuted. eftected. eompleted. oomplied ~rith ~nd ~b~ed by. thea. in eitl~ or any such event, the aaid aggreg~te sum mentioned in said promiesory ~ou then remaining unpaid, with interest teerued. and a11 moneye secured hereby. shall become dne aud payabk forthwrith. or ti~ereafter, at the option of said Martgagee. aa fultq and completely as if all ot tAe ssid saais of nomey were origindly atipulated to be paid on such day. ~nythin~ in said promiasocy nota. aad ot in this mortgage w the contrary aotwithstanding and thereupon or there~ft~ ~t the option ot a~id Mortgagee. witbont notice or damand sait ~t !aw or in equity. theretotore, or tbe~iter be~n, may be prosscuted as if all moneys ascured becsby had matnred prior co its instiwtioo. ~ 7. That in the~ event tlut at the beginning of or ~t sny time pending any suit upon tsia tnortgage, or to foreclose it, or to »torrs it, and/or to entoroe p~ymeat of aay cLims here~nder, said Martgagee ehall apply to the court 6aving jutisdietion thareoi tor tbe appantmant ot s Receiver. such oourt shall forthwith ~ppoint a Reoe~ver of seid ~6~8~ P~Y all and aingular. including all ind eiognlu the rents inrnme profits. iseua and roven~ee from wlutever source daived, e~ch and eve+~y ot which, it being e~y understoed is henby mortgaged ae if speeiScaUy xt ~torth and described in the Rranting and lubendum clauees F.ereof, aad anch Receiver shall have all the brwd aad effective tuncians and powers in anywrise entruaud by a court to a Receiver, and ~uch sppointment f shail be made by such court as en admitted equity and e matter of eb~olutc riRt~t to ~aid Mortgagee. ~nd writhout : reference to tAe ~dequacy or inadeqwcy of the velue of tl~e property m~ortgap~ed or w the eolveacy or insolvency ' of said Mortgagor and~or ot the defendants, and that auch rents, profita, inoome, issue~ and revenuea sAaU be ~pplied by such Receiver ~owrding to the lein andfor equity of said Mortgagee end the practice of euch ooaet. _ . i 8. lt is understood and egreed that this mortgage ia given W secure, in addition to tha note or oblig~tion [ ~bove deseribed any ~dditiooai baa~ or tuture advances made wit1~ tw~ty ye~rs [rom date hereof by t6e mortgagee < to said mo~tgagors or any weoesaor tn title of iaid mortgagon of the peoperty hereby conveyed: pmvided that the ~ total unp~id b~lance of the indebtednes~ secured h~reby a: any one tirne e6all not e:eeed the mazimum priecipal ` emo~n~ °t ELE ~E~N~~T~H/~~~jj~~ J~SAN4~~NL I~~NE ~H NDRjFD 1 9 00 u'r" 9 Li~Rllf W WOVWOSWWl~ VV ~ ~_____________________`__W ~ f= 1. plus inte~eet • any ma b gee or the payment of tues. {evies ar ina~vance ~ on the property encumbered hereby. ~ith int~rest on sue6 disbursements. ~ IN WITNESS WHEREOF, the said Mortg~gor hae e:ecut~d thie matgage uadar eeal on the day and year t~e~ein fir~t ~bove written. ~ ~ Sigosd. ~led and delivued in the pr~aence of: ~/~~N~ ~ ~ ~ fSEALI An ony e ~ (SEALI ~ Alice Pal ~ SfATE OF FLORIDA sa. , - COUN7'Y OF 3T. LUCIE ~ a~ion ~e ~A,ny .p~.rea Anthonv., Pal erm~ and A1 i ce Pal ermo. hi s wi fe ~f = 227 Carl Pl aCe, Paramus , N_ ~7652 ~ _ ~;~Y+~ = to me w~ll known and imown w ms to be ths individud.. descn'bed 'm ~ad who ~ecvted tb4 t~ aad acknowlsdged befon ms that .$,ba.y ~ecuted tAe wme for tbe p~uposes thersin 6 '-'t'~e~ ~ •Y v wtTNESS my b.oa .na orrxLl seai ch;s 16th d,y ot MIaY ~t~` . , • , , : _ Gg ` ~ ~v~~ ~ ` ~ N - - € ths Ca " said. ~ Ca ~ . My oommiidon ~pfe+s~ ~ ~ b00lc~7~ FACf 984 March 8, 1982 ~ ~ ~ ~ ~ f`~ y -~w, ~ ~.r'. . _ . _ . - ~ . ~ ;v~.~ Q. '~'~y ` ~~`a~i~• • ~ . ` ~ 'S~.-~'e~` `rr ' y .,r_~-c ~~~-v ~ . - ~,,;~%i~~ . -r~-~.s..z,-~.~-... ~ ~ „?~a n ,~~~3--- 5•~ ` ~ ~ a . ~ z,~~~~. ;