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HomeMy WebLinkAbout0792 Y ~ Ct f RK C'RWIT flT V~P'F'fi1 - Auc 19 9 os AM'18 415~54 . . . « . _ . - - - r~_ ~ ~f •1.~ i~.a~1.~J..Y~ .wi I.rrl~v /r 1n wr~wb - - - - - ' - " :-a::::- - - - ~s~su u~.e .am vp•w.. w crr.~ . s~id Mortgaaot W reeeive and use it ur any p~rt thereot tor otl~ pnrposes without tMreby wdvina ar imp~irins auy equity. lien or ri8et undsr or by virtue ot this mortg~as: and ia the event said Martga6or shaU tor anr ew~on (ail to Icesp t6s ~aid premisss so insured. or tai) w deliver p~nptl7 ~ay ot aajd poticiss ot iaavana to aid Mortgaae~. or tail promptlY ~ WY wllY ~nY P~'~~um thetetar. or ia ~ny re~pseL fatl Lo pertarm. disel~ar~. e:cute. efEect. compbte. comply witA and abide by this eovanant. or any part hereof. said Moctgagss maY pLos and p~Y (or such insurancs or any part thereoE witAout waivins or at(ecting any option. liea equity or riaht under or by virtus of tlus mortgage, and tha (uU amount ot e~ch and ewry euch p~~mient shall be immediately dw aad pay~bls aad shall beu inte~t trom tM date there~f untll p~M ~t t6e nte o! tea per oe~tum psr annum and to~sthe~ witb weh intere~t e6a11 bs ~eturod by t~Ae liea of ttis mortRage. 4. To permit, commit or sutter no waste, impairmsnt or deteriontioa ot uid p~operty or ~ny part thereof. b. To p~y aU and singulu the costs, charges ~nd szpensas, iach~ding reasonabk lawyer's fes~ ~nd oost of eb~tnets of title. incurred or paid at• any time by eaid Mortgages because and/or in tbs evsot ot tM t~ihtn oa the part of tl~s said Mortgagor w dulY. P~o~tY P~'~~ ~6+• e:ecute, effect. oompht~. aomp~y with and abide by each aad evary ths itip~l~tion~. agrssment~. oonditions and oovenaats ot said promiMOCy nots. and this mottgage. any or either. aad said co~ts, charge~ an~ espensss. esci~ a~ every. shaii Ds infinedia~r aus and p~yable, whether or not there be notica. demand, attempt to oollect or euit peoding, and the tull amouat of e~eh ~nd ev~y such paymsnt sAall bear interest from Ne d~te shsreo[ unt31 pairl at the nte ot ten per oentutn per annum: snd all ~aid coeN. clurges and e:peoses eo incurred or paid, together ~rith ~uch interest, shall bs ~scured by the liee ot this mortgage. . 6. 'Ibet Id in the eveat ot ~ny bre~ch ot t6i~ mqt~gs or default on tbe p~rt of ths Mattsigor. ~(b! ln tl~s - event any ot said wms of mooey herein refsrred- so bs aot promptlY ~~Y P~ witAin tan dq~ nsit attR the sams ssvenlly beooms dw tud payabb. without demaad or notice. or (cl in the event each and svery ths ~tipel~tioni. agresmsnu. conditions and eovenants ot wid promiswrY note ~nd tlsis naortg~ge, any or either. ars not dnty. pro~PUY ~~Y P~a~. diseharged. ~ecuted. eNected. oompkted, aomPlied wits and abided by. then. in eftbec . or any such event. tbs ~aid aggreg~te sum mentioned in said promisw~y note tMn rsmaining ~wp~id, wit6 interest accrued, and aU moneys eecured he~sby, el~aD beeome due and pay~bk t~tbwitA. or thereafter, d the option ot said Mortgages. ~s fully and oompMWy ~s if dl of ths uid sums of nomey were originally stipulated W bs paid on sueh day. anything in ~aid promissory not~. ~nd a in t~is moet~ags w tbs oontrary aotwit6standin& ~nd thereupoo or thereaher at the option of s~id Moetgasee. witl~out notice or damaad. suit ~t law or In eqnity. cherscoforo. or tl~eroatcer bagun, may be pe~osscuc.d as if aU monsys sscured h.rsby had mat~ued prior w isa institutio4. ~ T. That in tAe event that at tl~e begianiag ot or ~t ~ny tims pendins my suit upon thia matgags, or to faselwe ~ it, or to rsfortn i~ andtor to enforos p~yment oi any claim~ henunder. aaid Mortgagss shall appty to ths eoart ~ having jurisdiction th~reot tor the ~ppointmsnt ot r Raeeiver, auh oourt ~lull t~thwith appoiot a R~o~iwr of ~tid ~ ~6s6~ ProP~Y ~U and singulu. includiag ell and singu4r t6s rants incorae profita. issues aad rsvanues irom whacevar wuroe dKived. aacb end every of whieh. it bsing e:p~ewly underscood is hereby mortga~ad u if ~ . specinally aet tatb apd de~cribed 'm the grantina a~ hab~ndnm clausas hereof. and such fieoefvK sh~U 6ave ~ all tbs broad and effective tunctions and powera iw ~nywi~e entrusted by • court to a Receiver. aed such appointment ~ shall be made by such eourt u an ~dmitted equity and a matter of absolute right to said 1~Iortgagee, and witho~t ~ reference to the adeqaaey or inadeqaacy ot the value of the property a~tgaged or w the wlveacy o: insolvency ~ of said Mortgagor andlor o[ the defendants, and that euch rents, profits, iernme, issues and roveaues s1uU be ~pplied ~ by such Receiv~ ac~oording to the kin and/or equity ot eaid MartgaRee aad the pnctiee of ~ch ooart. ~ 8. It is understood and agreed t6at this mortgage is given to secure, in addition to t6e note or obligation ~ abovs de~cribd any addiciona! loan~ or tutur+e ~dvanns mads wjtbia twrenty ye~n trom date bereof by th~ mortgagss ~ co s.id morc~• or any suoo.sso~ in ticle ot .aid mort~. of che prnpsrcy be~sby oonveyed: provided cbet che total unpaid baLnoe ot the indebtedness secured hereby ai any one tinoe ahall not e:ceed tbe ma~mum principal ~ .mw,nc ot FIYE TNOUSAND FI~DRED SIXTY TtrO (5,562.00) DoWrs ~ 1= 1. plu~ int~est thereon and any dis ts aude by the mortgagee !or tbe paymeat ot t~es. levies or insunnoe ~ on t6e property encumbered hersby. wit6 interest on such disbursements. ~ " IN WtTNESS WHEREOF, the said Mortgagor has e:ecuted thia rnortg~ge und~ seal on the day aad year herein s ; firat above writtee. ~ y Signed, and deliv ~ the • • ~ . ~ o_ 1 ~ ~ M~1L~ ~ ISEALI ~ r e . neTTfi- - ' ISEALI - STATE OF FLOltIDA ~ - sa. COUNTY OF 3T. LUCIE Mari~ M. Tinelli of 1 Colonial Dr., Cocoa Beach, FL. 32931 F; Before me PersonallY ~PP~ . - - =:f., : ~ , ~ to ms wsll known and Imo~wn to ms w bs tM individwL.. described in ~nd wbo ~~cuted th~ fa+e~oi~ io~fsu~t, . ~nd adcnowldgd b~(ore ms that ....hs.... ezecuted the wms for t6e purposss therein e:p:ess~. . . , - 78 wrTNESS my b.na .na otfic;.~ .e.~ ce;. 12th d,y of Apri1 y ' ' - ~ . Notary Public ifr , ~ 0 R ths Caunq ~nd Afanpid. _ ~ o~~K293 F,,~E ?91 My ~F: ~ ~,19g i rx . - - _ _._L - ~ s _ - - - , - - `~„'`~~~.zA~,e. ,~t~.e.`~'-.~'r ~ ~ _ . , < ,'~~.~,~~"a~r'~~