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Home My WebLink About0800 ~ ~ ` i~~uci~~~i~i~~~ ~i~. ~RKCC iCUIT C~; RT yr-~~f1EQ"~ Auc 19 9 06 AM'~~ ~ ~15~59 i~flv ~V! L~I! OpCIOa ~O [!tllV! llld appiy CDQ ~[RC 00 Ytavuu~ vi ?uo ui.~cu:o.;.,aoo --r,.J ~ r""_~ - said Mortgag~or W receive ~nd uee it or any part theroot tor othev purpo~es witAout thereby waiviag or impairing any equity, liea or right under or by virtue oi thia mortgege: tad in the event said Mcutg~gor sh~D tor ~ny re~son taj! to keep the said premisee eo in~ured, or fail to deliver promptly ~ny of said policks of innuanoe to said Mortgages, or fait promptly to pay fully eny premium therefor, or in any res~ect tail to per[onn, diecharg~e, ezcute, etfect, compkte, rnmply aith end abide by thi~ covenent, or eny pert heroof, said Mortqegee may p4ee and pay tor auch insursnce or any part thereof aithout w~i~•ing ot atfectin~ eny ~ption, lien, equity or rigl~t undet ot by virtue ot thia mortgage, and tbe fuU amount of each end every auch psyment sheU be fmmediecely due aud payabk and ~aU ba~r interest from tlie date theraof until paid at the rate of ten per centu~n pe~ annum and togKher writh wcA interert ~haU be eeeured by tl~e lien of tAia mortgage. 4. To permit, commit or autter no waete, impairment or deteriorat'ap of ~aid pmperty or any psrt thereof. S. To pay aU and ~ingula~ the coste, chargee and e:pense~. inctudit?g rea~onable lawyer's teee ead cost ot abatrects of title, incurnd or p~id •t• any time by ~id Mortgagee becauee endlor in che event of the faiiure on the p~rt of the said Mortgag~or to duly, promptly and tully perfora~, diacharge. eiecute, effect, complete, oomply witA ~ w; a..d lvery ehe e~~lacion~. a~reements. conditions end oovenentx ot said promissory aote. and thia mortgege. any ot either, end said co~ts, chargee and e:pensee, eaeh snd every, shall b~ ;mmediate~y due and . Raysble, whether or not there be not~ce, demand, attempt to coltect ot euit penciing; and the full ~mount of each and every auch paymeat ehall besr enterest from the d~te thereof until peid at the nte ot tea per centum per ~ annum: and aU ~aid coets, charges and e:paues ~o incurred or p~id, to~ether with euch interest. ~Aall be aecur~d by tAe tien of this mortgage. 6. That (ai in the eveni of any breach o[ thia mortg~ge or det~ult on the p~rt of the Mottgigot, or Ib? ia the • event any oi ~aid ~uma oi money herein reterred to be not promptly and [ully psid witAin ten d~ys nest atter the same ssverally become due and piyabk, witlaut demand or notice, or Icl in the event each and every the etipuLtione. agreee?ents. coaditione ~nd covenants ot add promiaaary note and tlue mortgage, any or eitbe~r. ars not daly. promptly aad fu0y performed, discher~ed, e:ecuted. eftected, completed. complied with and abided by, then, in eitt~er or any aucA event, the said aggregete sum meetioned in said promissory note then remaininq unpaid, wit6 interest accrued, and aU moneys secured hereby, ahaU become due and p~yable for:Fwith, or therestter, at the option of said Mortgegee, •e fuliy and compktely u if a11 of tAe said aunns of nomey were originaAy atipulated w be paid on ~uch day, anything in said promiseory iwce, and or in this mottgage to the contrary not~?ithatanding, and thereupon or thereefter et t1M option of said Mortg~gee, ~rithout notice or damand, suit at law or in equity, . theretofore, or thereafter begun, may be prosecuted as if sil moneya ~ecur+~d 6ereby had m~tnred prior to ita inatitution. 7. That in tRe event that at CAe beginning oi 6r at any titne pending aey suit upon thia mor[gage, or to toreciox it, ot to retorm it, snd/or to enforce peyment of any ctaime her+euader, said Mortgagea ahall apply to the rnurt having jurisdiction thereof for tbe appointment of a Receiver, suc6 court ~hsll forthwit6 appoint • Receiver of eaid mortgaged property ell and aingular, including all and singular the rente income profits. i~aues and revenue~ from ~ whatevet source derived, each and even ot R+hich, it being e:preaely -underscood ia 6ereby mortgaged a~ if apeci6cally ~et fotth and described in tAe RrenciRg and habendam clau~es h~r~of. and ~uch Receiver ~hsll have all the broad end pifective functiona and powerv in 4nyai~e entru~ted by e court to a Receiver, and such eppointment ~hall be made by such court a~ en admitted equity and e matter of ab~olut, riA1,t to aaid MortRagee, and without reference to the edequacy or inadequac~ of the value of the property mort~eRed or ta the solvency or insolvency ot eaid Mortgeg~or and/or of the detendants, and thst ~uch rents, profics, income, issues amd revenuee ah~ll be applied - by such Receiver eccording to the lein and'or equity of uid Mortgagee and the prectice ot euch oourt. 8. It ia nnde~stood ~nd agreed that thia mortg~ge ie giv~ to ae~core, in additioa to the note or obiig~tion above described any additional loene or future edvsnce~ made within twenty years from date hereof by the mortBaBee W s~id mortg~gors or any aucceasor in titk ot eaid asortgegors of the property hereby conveyed: provided that the Wtal unpaid balante ot the indebiednes~ ~ecured hereby at any one time ahell not e:ceed the mazimum principai ~ °f Six thousand four hundred sixty (~6,460.00)------------------- nou.~ 1= plue intereat thereon and sny diebursemrnte made by the mortgagee fot the payment of ta:es, ~vies or ins~uance on the propvty encumbered hereby, ~rith intereet on ~uch disbursements. IN WITNESS WHEREOF, tAe ~aid Mortgagor haa. e:ecuted this mortgage under eeal on the dey and yeer l~enin first sbove written. Signed, sealed and delivered in the pre~ence of: (SEALI i E pQ Y' ISEAL? ri e a . STATE OF FIARIDA sa. COUNTY OF ST. LUCIE ~rore ~ peraona~y eppeared Robbie Spencer and Frieda S. Spencer, his wife of P.O. Box 1I34, Jupiter, FL 33458 to me well knowa ~nd knawa to me to be the individu~L.. de~a~ibed in and wtw e:ecuted ths f~ i~ument, aeid aclcnowlsdged beforo me that ....hs.... e:ecuted the same (or t6e p~upose~ tl~erein e .L«:..---?cu~ T~t:~..k~. wrTivESS my hu,e .na arruial se~! cb;s 14 a.y or ~Y .l` ~ ~ N~ ~ Ik in a~d fq a~~e Hatton $Cp!! ~:~tJ T ;T~ ~ . ~"~!'~d ~ : ~?i~ald" . Mr.•'~°'~'~ ~ 6/20/80 a7 - c•: - - - - - - - - - - - ~ - 5 : ~ ~ ~ ~ - _ ~