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Home My WebLink About0760 C A'OITIlA~ ~.fRR C1RCtttT COIJR ` n.h~i'IEO~ ~ Auc 19 8 ss aM •7~ 415~34 sluU bave the optioa to receive ~nd apply the s~a~e on ~ccount ot the indebted~sas secured hersby or to pccmit .s .....-r - - - • ~ld MOI'LgfgO[ CO roC!!v! ~tt~ 4ae 1i tl[ auji ~i ~i~aio~i iw ~::.b: Y::;y:,a::o ~.~.c..''r~' t.....~t~.. ~ =~3 ~-"^e ~i----~=s - u~y equity, lien or right under or by ~vtue of thiu mortgage: aad in the event aaid M~tgagor ehaU [or any reasoA tail to keep tde said premi~ee ao inaured, or tail to deliver promptbr ~ny ot said policiee ot insunnos to said Mortgsges, or f~il promptly to pay fully eny premium theretor, or in any respect fail to pertorm, di~chatge, . eatcute, eftect, comptete, comply writl~ end ebide by thi~ covenaat, or anr p~rt hereof, said MortgeRee may pl~oe and pay for ~uch in~unnce or any psrt thereot ~ritl~out vaiving ot attectinK env optioe, tien, equitr or right under or by virtue ot this mortgage, ~nd tAe fuU emount ot esch aad every auch peyrn~nt aMU be immediately due and p~yable aad ehall bear intertst irom the d~te thereof untit paid ~t tAe rste ot ten per centum per annum and tog~ether with ~ch interest aMll be ssce:red by tAe lien of this raortgage. 4. To permit, commil or ~uiter no ~raste, impaitinent or deterioratioa of aaid property or any part thereof. S. To pay aU and aingul~r the cwte, ch~rgea snd e:pen~, including ressonabk lawyer'a tees ~nd coat ot ~bst~ects of title, incurred or p~id at• any time by ~sid Mortgagee becauae andlor in the event ot the isilure on the part of the s~id Mortgagor to duly, promptly and fully pertorm, diecharge, e:PCUte, eKect, oomplete, comp(y writh and abide by eacA •nd every the etipuLtione, agreemaots, conditions and rnvensnts of said promiasory note, and th;, mortgsge, #ny or eit!?er. ~od eaid coat+, chuges end espen~es, each snd every, ahall be immed'uteiy due and p~ysbk, whethe~ or not there be notice, demand, ettempt to rnllect or suit pendin~: snd the tuil amount ot each ~nd rvery ~ach payment shaU bear intcrest from the date theirof until paid tt the rate ot ten per aentum per ~ ~nnum; and ap ~aid coets, charqes and e:penx~ ~o incurred or paid, together with such intereet, ehall be secured bv the lien of thi~ mortgage. - 6. That UI ia the evert ot any bre~ch of t~is mortg~ge or def~ult on the part of the Mortgigor, or 1b~ in the - event ~ny of aaid suma of money herein referred to be not promptty and tuUy paid .vithin tea d~ye nert aftet tl~e eame sevenlly beeome due and p~yabb, witho~t deeaand or notiee, ot Icl in the event each aad ev~y the stipul~tione, agreemeata conditions ~nd covenanta ot said promiasory aots ~nd this mcxtgage, any or eitt~er. are not duly. promptly and tuUy performed. diaehuged. e:ecuted. effect~d. oompkted. complied with and abided by. then, in eitber or any ~ch event, the said aggregate aum mentioned in uid proraieeay nnte then remaining unpaid, with interest accrued, and aU money~ ~ecured hereby, ahall become due and pay~ble forthwith. or theresfter, at the option ot eaid Mortgagee, sa fuUy and rnmpletely s~ if all of the said aums of nomey w+ere originatly etipulated w be paid an ~uch day, anything in eaid prornissory note, ~nd or ia tlsia mortgage w the eont~ry not~rithstandinR and tAereupon or thereafter at the option ot ~aid Mortgagee, with~t notice or damand, suit ~t Isw or in equity, theretofore, or thereefter begun, may be prosacuted ~s if all moneya ~ecured t~ereby h~d msuu~ed prior w its institutan. 7. That in t6e event that at the beginning of or at any time pending eny suit upon thia mortgage, or to foreclose it. ot to reform it, ~nd/or to enforce p~yment of any claims l~ereunder, aaid Mortgagee ahall eppty to the caurt . having juriedictioo thereot tor the appointment of • Receiver, such coart ahall torthwith a~oint a Receiver of said mort8a8~d P+~ertY aU and ~ingular. including dl and einqular the renb income profits. iaeues and revenues from whscevet souree derived, each and everv ot which, it being e:preesly underscood i~ ~ereby mortgaged ss if specifically xt forth and dexribed in the Rranting and 6ebendum claux~ hPreof. and such Receivet ~hell heve a!1 tht broad and p(fective functione and powPrs in anyw~ix entruated by a cowt to n Recei~er. and such ~ppointment ~Aall be tnade by auch court ss an admitted equity and a matter of eb~nlut. :iR},t to said Mortaa~ee, and writhout refernnce to the adequaey or inadequacc of the vslue of the property mortRaRed or to the eolveney or in~olvency of said Mortg~gor andlor of the defendenta. and that auct? rent~. pro6ta, income, ;ssues aad revenuee ah~11 be applied by such Receiver atoording to the lein endior equity ot said Mortgagee and the practice of ~uch ooart. 8. It is understood and sgreed that this mortgage is givea to secute, in addition to the note u~ obligation above desaibed ~ny ~dditionaf bans or futun edv~naes made within twenty yars lrom dace hereot by tbe inortgagee to said mort~gors or aay eucceseor ia titje of said mortgagore ot the property h~eby conveyed; provided that the toial nnpaid balance of the indebtednes~ secured hereby et any one time shall not e:ceed the ma~eimum principal TWO THOUS~4ND NI E HUNDRED S6IX~Y . (2 960 qp~ °o~' li i. plue intereet thereon and any dis ta ~aade y t e morigagre for the prj~ment' o es. leviee or in~urance on the property encumbered hereby, with intereat on such disbureement~. IN WITNES~ WHEREOF, the said Mortq~gor hee e:ecuted thia mortga~e under aee! on the dey and yeer herein fir~t above written. Signed, se~led ~nd delivered in t6e presenoe ot: ~ •C..c~i / ~ ~ ~ / ISEALI ~avi~f R . Reed G `~.L f ~ (SF.ALI h een B. eed . STATE OF FLORIDA s~. COUN1'1' OF ST. LUC1E Before me peraonaUy ap~red ~v~d R. Reed and _Kathleen B. Reed, his wife of 166 Hedgegrove St., Satellite 8each, FL. 32937 w me w~t! Icnown and knawn to ~qs to bs tlie iadividuat S dsseribed 'm nnd w!w ueeuted t6e foregoing and acl~nowledged bsfore me th~t _Zbs.y esecvted the same for the p~upo~ee theretn e . . wtTNE3S my hand and oNicial ~1 chis 31st day oi '.Y E'~ Not~ry Public in •a~ E' .s~~-~•~~~ R 29 ~ ~a~~ .~a ~f~ ~ . . ~ ~ - S~~K 3 P~~E 759 . . . , My COmmissipp azpira~ r ~ 2~~~~ , . - ~ ~ : . I ~ ~ _ _ _ _ _ _ _ -r- ~ ~ ~l ~ y~ ~ ~ . ~ .