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Home My WebLink About0994 ~ ~~~~~~~~~~<<~ ClEA4 CtI14UIT CO oc~nR^ YL111lIEO ~ Auc IS 8 4~ ~M'1~ ~i3558 shaU !uw the optioa w receive arsd appy ths sams oa aaa?ot ot ths indebtednsss securod 6areby or to permlt eaid Mortgasor to recdve and uss it or any p~rt t6s~eot tor othe~ purpose~ without tMreby wdvina or impairing ~ny equity, lien or right under or by virtue ot tAis mortg~ge: ~nd in the~ event aaid Mortgagor ~AaU t~ ~ny eeuon tail to kesp tbe said premises eo in~ured, or tai) to detiver promptly any of e~id policie~ ot in~uranos W said Mortgag~, or fail promptty to psY ~Y ~Y Pnmium tAerefor, or in any reepeet i~il to pertorm, disehargs, e:cute, effect, complete, comply with end sbide by thi~ covenant, or eny put hereot, eaid Mortg~ges may plaae and p~y tor sucA inaursnce or any part thereof without ~raiving or affectinK sny option, lien, equity or tig!?t under or by virtue o[ this mortg~ge, and the full amount ot etch ~nd every auch psyment ~haU be immed'utely due and p~y~bk and ehall be~r incerost from the date thereof uatil paid at the r~te ot ten per centum per ~nnum and togsther with saeh iutee~at shrU be sscured by t6e tien ot this awrtgage. 4. To permit. commit or sutfer no waau, irupsirment or deteriontion of said pmperty or any part thereol. ~ S. To pay au ~nd singular tAe coata, chargee and e:peaeea, inch~ding reasonable lswryet s feee ~nd coet of ~bstncts ot title, incurred or psid at• any time by said Mortgagee becawe nnd/or in the event ot the taiture on the part oi the aaid Mortgagor w duly. promptly and luUy pe~iorm. discharge. e:rcuts. eHect. eompkts, oompty ~rith and abide by each u~d every the atipuleta~s, agreements, rnnditions and covenents ot said promissory note. ~nd thi~ mortgage. any or either, ~nd eaid coata, charges aad e:pensee, each and evecy, sfull be immedistdy due and psysbk, whetber or not there be notice, demaad, sttempt to oollect or n?it peading: and the full amo~nt ot e~ch end every such p~yment ahall b~r interest from the dete thereoi uatil pai~f st the rate ut ten per centum per annum: end all uid costa, charges and ezpenses ~o incurred or psid, togetAer with sucA intereet. shall be secured by the lien o[ this mortgaae. 6. Th~t la) in tbe event ot any bre~eh of thi~ mortgags or detault on the p~rt of the Mortgigar, or (bl in the • ev~t any of said sums of maney herein reterred to bs aot promptly and tully paid within tsn days ne~t ~fter the same severally Deoome due and p~yable, witbout demand or notice. or Ic1 in the event e~ch ~nd every t6e stipW~tions, agresmsnts. eonditioas aad cov~ants of s~id promissosy aots ~nd this mortgage. ~ny or either. are not duly. promptly aod tully per[ormed. diseharged. ~ecutsd. eNected. oomp~leted. complied with and abided by. tben, in eith~ or any such event, the said aggregate aum mentioned in said promi~ory note then remaining unpaid, with interest ~ccrued. •and aU moneys secured hereby, shall become due and p~yabk tortbwith, or thereafter, •t the option of s~id Mortgages, aa tuUy ~nd oompktely if all ot the said sums of nomey were originaUy etipulated W be p~id on sueh day. anything in said promissory. noce. and or in tWs mortg~ge to the contnry notwithstanding, and thereupoo or there~fter at the option of aaid Mortgagee, without notiu or demand. auit ~t law or in equity. theretofore, or there~itar begun, may be prosecuted ae if ~11 moneys esc~red 6ereby had matured prior w its institution. 7. That in the event that at the beginning oi or at any time pending ~ny ~uit upon this mortgsge, or w tarecloee it, or to reform it, and/or to onfarce p~y~nent of any claims be~euader, said Mortqagee ahsll apply W the court having jurisdiction tbereof for tl~e appointment of a Receivrr, such court shall torthwith ~ppoiat a R,eceiver of eaid ~B~B'~ P*oP~'tY ~Il and aingular. including sU ~nd ~ingul~r tt~e rents income pro6ts. isauea aad r6venues from whatever source derived, e~ch and every of which, it beiwg e:preesly undernood ia hereby mortgaged aa if ' specifically set forth and described in the Rranting and habendum clauees F.preof, and euch Receive~ ehall have ~ sll the brwd snd ef[ective tunction~ snd powers in snywix entru~ted by a court to a Receiver. and ~cA ~ppointment ~ ehall be made by auch rnurt a~ an admitted equity and • matter ot abaolute :iRt.t to said Mortgsgee, aed ~vithout ` reference to the adequacy or inadequacy of the value of the property mortgaged or w tbe solvency or ineolvency ; of said Mortgagor and/or of the defendanta, and t6at euch renta, profiW, income, ieeues and revenuea slull be applied ~ by s~cA- Receiver ~coording to the lein andlor equity ot ~aid Mortgagee and the preetica of auch oourt. ~ 8_ It ie understood aad agreed that t!?is mortgage is givea to secute, in additioa to the note or obligation € above described ~ny ~dditioa~l b~ns o~ futuro advanoes made within twenty years trom d~te hereoi by t6s matgagee ` to e~id matgagor~ o~ any snoceseor ia title ot ~aid mortgag~ors of the p~vperty he:sby oonveyed: pmvided that tlk ; total unp~id bal~ea of the indebtedness secured hereby ~t eny one titne ehall not e:ceed the mazimum principal ~ .~,t of ~ ~ ~1'" ~s ` F Y THOUS D NE HUNDRED 5900.00 ~ 1= 1. plue fn t e any a ts made y the ~nortgagee for the p~yment of tuee. levies ar insur~noe i on the property encnmbered bereby. with interest on sucA diebareemeata. ~ IN WITNE3S WHEREOF, the said Mortgagor hae e:ecuted thie mortgage und~ seal on the day end yean c~rein ~ first above written. ~ ~ 3igued, ~1ed and delivered in the presence of: _ ~ ~ ~ (SEAL) ~ 0 ive J.~ T s ti ISEAL? j STATE OF FLORIDA ss. COUNTY OF 3T. LUCIE ~ Olive J. Thomas of 144 Jackson St., Titusville, F1. 32780 ~ Beto~ ~,e ~~o,?.ar •PVe•~ ~ to ms wrll•known and knawn to ms to bs t6e individuaL.. dascribed in ~nd wbo ~ecuted t~N=~L ~ortrnmeok ~ ~nd aelmawlsdged betore ms that S.be.... ezecuted tbs same far tbe pue~oees th~eln e:pt~~idr f-`_ y W1TNB33 my lund and offkia! seal this 7th day ot J~`'`.~~ 19- 78 3: r i~ _ k ~ ~ N~7 `s ' o R ~ a~~ ~ooK 292 P~~f 992 M~ ~~t•~~~= ~ ~ March 8, 1982 ~ r .y ~ ..yw " _ ' ...a~ . " ~ ~ _ ~ - ~ . x~ _ '"'v<~'J '4+` ~ .A .b - ~ , si3r".,rt.•+~.F".~° ~~'.51~ % ~r 3, 1 ~ . _ ,~~f'-:~ 'z 4 . , ~ ~ ~ , ~~T~~~~"4t'L' ~if ~~e~ `?t'~~Cd ~~~a. . „r.{ . -`F~ N f ~~'h-~3 ~~'.s'd"'~ ~.~.-.r~.'~. x'_ - . - :a~-,;,~u . . _