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HomeMy WebLinkAbout0768 E ~s~N~~~~ ~06ER ~01TI1~t ~ ~ CIERK CIRCUIT Cp~II~J~ P~f1E0..~,t.. Auc 19 8 s~ AM'T6 4~1~2'~9 aiuui iuve ina up~iu~ w recwva anu •ppiy ~nr eaux un acc:uuu~ ui iix+ inueuwanese xtuteo nereoy or to pecmtt uid Mortgagor to receive and use it or any part tAereo( tor other purposee without tl~ereby w~iving or impsiring any squity, liea or rig~t under or by virtue o( t!?i~ mortg~ge; and in the rvent uid Mertgagor ~hall tor any te~son ~ tail to keep t,he ~aid premises ao insured, or faii to deGver promptly ~ny of eaid potieies of insunace w said Mortgages, or feil promptly to psy tully any premium therefor, or in any respect fail to pertorm, disehatge, e:cute, effect. compkte, comply writh end sbide by thi~ covenent, or eny psrt hereot, aaid Mortg~ges may placa and psy tor ~uch insursnee or any pert thereof without wsiving or sffectinR any option, Gea, equity or rig6t undet or by ~ virtne oi thi~ mortgage, sad the full amount ot escA end every ~uci~ peyment 9haU be immediately due and p~yabk and shaU be~r interest from the date tAereof unt~7 paid at tAe rate of ten per ce~tum per •anum and together writh such inte~eat shall be secured by the li~ ot this mortgage. 4. To perntit, commit or eutter no waate, impairment or deterioratio4 of eaid property or any part thereot. 5. To pay all and aingular the rnata, cAar~s and ezpen~, including rea~onabk lawyer'a teee and co~t of abatncts of title, utcurred or paid at• any t,ime by ~sid !~lortgagee becaux endlor in t~e event o! t!k feih~re on the psrt o! the said Mortgager W dufy, promptly uid fuUy perfor~n, diecharge. c:pcute, eHect, oomplete, oompty with aad abide by each and every the atipuLtana, agrecments, conditians and oovenenta- oi said promissory note, and this mortgage, any or either, and eaid costs, chargee snd e:penxe, each nnd every, shaU be immedittely due and payabk, whether or not there ~ be notice, demand, ettempt w collect or svit pending; and the full amount ot each and every such payment shall bear intereet hom the d~te thereof unW paid ~t the rste ot ten per centum per annum: end all ~aid coats, charge~ and e:penxa ~o incurred or paid, together with sucA interest, aAaU be ~ecured bv the lien of thia mortgage. - 6. TAet Is) in the event ot aey bre~ch ot tAis mortgage or default oa the part of the Matgagor, ar (b) in the • event ~ny ot ~aid sums of money Aerein referred to be noc prompcly end tully paid - wichin cen days nert after the same severally become due and payabls, witbout demand or ootice, or Icl in the event each and every the stipulatione, ~ a8reements. eonditions and coveoants of said promie~ory aote and tl~is mortgage. any or either. ars not duly, promptly and faUy perforn?ed, diecharged, ezecuted, eftected, compkted, complied ~rith and abided by, tben, in either or any ~uch event, the aeid eggregate su~n mentioned in said promiseory note then remaining unpaid. ~rith intere~t accrued, and aU moneya secured hereby, ahall beeome due and payabk forthwith. or thereafter, at tAe option ot eaid Mortgagee, ss fuUy and completely ae if ell of the - said aums of nomep were originally etipulated to be paid on such day. anything in said promi~aory note, and or in this mortg~ge to the contrary notwith~tanding; and thereupon or thereaher at the option ot ~aid Mortgagee, without notice or dsmand, auit at law or in equity, theretofore, or thereafur begun, may be p~osecuted a~ if all money~ aecvred hereby had matured prior to its inatitution. 7. That in the event that at the beginning of or at any time pending any suit upon thi~ mortgsge, or to forecbse it, or to reform it, and/or to en[orce pay~nent o[ any ctaims bereunder. said Mortgages ehsll ~pply to the conrt having jurisdiction thereof for the appointment of e Receiver, auch court shal! forthwith appoint a Reoeivar of asid ' mortgaged prnperty aU and singular, including aU end ~ingular the rcnt~ income profita, iesuea and i~evenuas trom ! whauver source derived, e~ch and everv ot w~ich, it being ezpceesty understood is hereby mortgaged ae if ~ specifitally set fortb and dexribed in the Rranting and habendum clau+es h~rc•of, and iuch Receivar ~ha11 have r all the broad and etfective functiona and powrers in am w~ix entru~ted by • court to s Receiver, and such appaintment ~ ahall be made by auch court as an admitud equity and a matter of ab~olute : iQl.t to said Mortgngee, and without ~ reference to the ~dequacy or inedequscti ot the value of the property mortRaRed or to the solvency or ineoivency ~ of said Mortga~or andlor of the detendants, and that such rents, profita. income, iaaues and revenue~ ehall be applied by auch Receiver scrnrding to the lein and/or equity of said Mortgagee and the prectice of such aourt. ~ - ~ 8. It is underatood and agreed that this mortgage is given to secun, in addition to the note or obligation ~ above described any additional bana or future advancea uiade within twenty yeara trom date hereof by the matgagee ~ w s~id mortg~gore or any eucceaeor in t':tk of enid mortgagora of the propatY heraby convayrd: praveded tlsaL the ~ total unpaid balance of the indebtedne~~ secured hereby a: eny one time shall not e:ceed the meximum princip~l ~ amountot TEN THOUSAND FOUR HUNDRED TWENTY (~10,420.00)--------------------~~ ~ (t 1. plus interest thereon ~nd any di~bursemente made by the mortgagee for the peyment ot tues, levies or insurance ~ on the property encumbered hereby, with intere~t on euch disbnrsemenb. ~ IN WITNESS WHERF.OF, the said Mortqtgor has ezecuted thia coortgage under eed on the day and yesr herein ~ first sbove written. ~ Signed, sealed and delivend ' the presence ot: ~ _ . ~ ~ ISEALI ~ ar ~n, ~ 13EAL1 a . au n ~ STATE OF FLORIDA = ss. w COUNTY OF ST_ LUCIE - ~ - . ~ Betore me per~onally appeered _ Edward Wm. Paul i n and Jane Y Paul i n, hi s wi fe of ~ 756 Waterwav~~ Nnrth Palm 6Qar_h~ F1 ~~40R ~ - - i,•=~-} z~ to ms wsll known and fmown to ms to be tbs individuaLS desa~bed 'm ~nd wbo szecuced the • ~tltment, ~ and aeknowleclged bsfore ms th~t .t6s.3/. ezecuted ths same for tbe purposee therein e:praas~ r:,• ~ ~Y - y;;~_4-: . / ` ~ wi~ss ~y e.sa .na or~ ~ cn~ 15th a.y or August ~ ~ • - .ie ~ =78 'F 3s : ~ ' ~ ~ ' 0 A N°t~' inad; ~ t, ~~~~~293 FACE 767 `h° _ • ~ . My oommission ~ 'p~ ~ ~ ~`I~o~rc~. g , lq 4 ~ i ~ ~ --..~z_ - ,_v, - - ,-F ~ _ ~~J - - _ ~ -