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Home My WebLink About0813 ~fa ~ OCEA ?plTlt~s ~A' Ct ERIt CIRCUIT C R rr~~r~ ~~c ciED ~ 29 9 07 AM `78 ~ 4t.5?~9 ~ shaU h~ve tl~e optioa to receive and ap~ly the ~~me an aCCOUnt of tAe ~ndebtednees secureQ hereby or to perrtut ~aid Mortgaqor to recefve ~nd uae it o~ any part thereot for othu purpo~ee withoot thereby waiving or impairing any equity, lien or right under or by virtue ot thie mortgege: and in the event uid Mortgago~ shall for any re~sun fai! to keep lhe said premix~ so ineured. or tail to deliver promptly any of said policies ot insunnoe to etid Mortg~gee. or fsi) promptly to pay fully eny premium tAerefot, or in eny respect fail to p~tarm, di~cl~arge, e:cute, effect, complete, comply w+ith end sbide Ay thia cavenant, or any pert Aereof, uid Mort~gee may place and psy tor ~ch in~urance or eny part thereof writhout weiving w affectinK any option, liea, equity or right under or by virtue ot thi~ mortgage, end tbe tuU amoun~ ot each and every ~uch payment shall tre immediately due and p~y~ble and ehsll bear intenat from the date thereof until p~id at ths rate of ten per centum per snnum and together ~rith such interest a!?sll be secured by the lien of thi~ mortgagr. ~ 4. To permit. commit or aufter no waate. impairment or deteriontioa ot uid property or any part thereo(. 5. To pay s0 end singular the roats, chargee snd expenx~, including rea~onabia lawyer'a fees ~nd caet of sbatracts of title, incurred or paid st any time by aaid Mottgagee becawe nnd'or in the event of tl~e failurc on the part of the aaid Mortgag~or to duly. promptly and fuUy perform, diacharge. ex~cute, effect, complete, comply with _L~"is M~!' ~~~.r .,~:...,l~?_.~na, .9•r~•••••et~_ ~n~dir~~~ ~~ven~nt~ ~f ~aid nremi~arg r~e_ er~ this mortqege, any or either, end said coat~, chargee ~nd e:pen~es, each end every. ~haU be immediately due and psyable, whether or not there be notice, demand, sttempt to callect or suit pendinR; and the full amount ot eacA end every auch payment ahaU bear intereat from the date thereof until peid et the rste of ten per centum per annum: and all said coat~, chergea •nd e=penx~ w incurred or paid, together with ~uch interest. ~hall be secured by the lien of this mortgage. 6. That tsl in the event ot any bre~ch of thi~ mortgage or def~ult on tAe part ot the Mortgagor, or Ibl in the • event any of said ~ums of money herein reterred ta be not promptly a~d fully paid .rithin ten days nert aftu the seme severdly beco~x due and payabk. wit~out demand or notice, or ie1 in the event esc6 and every the stipul~tions, agreemente, conditione ~nd covenants of aaid promi~sory note ~nd thie moctgage,- any or either, are not duly, promptly and fully performed, dixhuged. ezecuted, ef[ected. rnmpkted. rnmplied with and sbided by, then, in eithe~r or any ~ch eveat, the ~eid aggregate aum mentioned in uid promiseory note then remsining unpaid. with intere~t accrued, end all moneys xcured hereby. ~hall become due and payable forthwitA. or thereatter, ~t the option ot said Mortgagee, e~ fuUy and rnmpletely •s if all of the said ~ums of nomey ~ere originaUy etipulated to be p~id on auch dey. anythiag in eaid promiseory note. and or in this mortgagr to the contrary notwithstanding and thereupon or tbeteaftes at the option of ~aid Mortg~gee, writhout notice or dsmand, auit at l~~v or in equity, theretofore, or thereafter begun, auy be prosecuted as if all moneys ~ecurtd hereby had matured prior to ite inetiWt'wn. I. 7. Th~t in the event that at the beginning of or at eny ~:une~ pendinq sny su~t upon thia mortgage, or w foreclox ; it, or to reform it, and~or to enforce peyment of any claime hereunder, said ~1atRages ~hall apply to the court I having jurisdiction thereof for the appointment ot e Receiver, auch court sheU forthwit6 ~ppoint s Receiver of eaid ~ mortgaged property all and singular, including aU snd singular the renta income profite, i~sues end revenue~ from ~ witatever source derived, eec1~ and everr ot which, it beinq ezpreeaty underst~d i~ hereby rtwrtgaged as if ; apecifically set forth and de~cribed in the Rranting end habendum clauxe FPrrof, and euch Receiver ~hall have ~ ell the broad snd pffective functiona and po~rerc in enywise entrusted by a court to e Receiver, and ~uch appointment ~ shall t~e made by such court as an admitt.~±d equ~ty end a matter of eb~olutc : iQt,t to ~aid MortgaE[ee. and ~vithout ~ reterence to the sdequscy or inadequae~ of the ~elue ni the property mortRa~ed or to the ~olvency c~r inrofvency of uid MortgaRor and~or of the defendant~, end that ~uch rents, profits, inrnme, i~sues and revenues ehall be epplied ~ by euch Rereiver scoording to the tein nnd or equity of said Mortgagee and the practice of auch caut. s 8. It is underetood and egreed that thia mortgage ie givea to secure, in addition to the note or obligation ebove described any additional bana or future advances made within twenty yeara from date hereof by the mortgagee ~ to said mort a or en aucce~eor in titk ot said mo e ot the hernb conve ed: provided that the ~ B~B~* Y ~Ba Pt~PeftY' Y Y tota! unpaid belsnce of the indebtedneas ~ecured hereby a! any one time ~hall not e:cepd the mezim~m principal amount ot THREE THOUSAND EIGHT HUNDRED SIXTY ONE (3~861.00), ~o11+re ~ IE 1, plue intereat thereon and eny diebureements made by the tnortgagee for the psyment of ta:es, lev~es or insurance on the propvty encumbered hereby. w?ith interest on ~uch disbursements. ~ - IN WITNESS WHEAEOF, the said MortgaRor hae e:ecuted tfiis mortgage under eed on the day and yesr herein ~ fir~t above written. Signed, and deliv ' the pr of: ~ ~ ~ ~ ISEAL? ~ - • L nn E. Mauldin - ' ISEALI ~ Barbara F. Mauldin S'i'ATE OF FLORID ss. COUNTY OF ST. LUCIE Lanny E. Mauldin and Barbara F. Mauldin, his wife of 320 9efore me per~on.uy .ppe.rea Orlando Blvd. , Indialantic, FL. 32903 ~ - ; • , •Y . ~y to me wsll koawn and Imown to me W be the individual.s deeaiDed ia and who e:ecuted the furegoing,' b~. " : ~ and ~cknow{edged betore me that .~he_~/. e:ecuted tha s+~me for the purposee therein e:preesed. ~~7 • ~ ~ 'i WITNE3S my hand and officid se~l thie 6th day af AU . - - = ~ ' y,, ~ - ~ ~pRr[.,V~ PA~E V~ Noc.ry WbGc in and • t6e Ca~aty and 3tate ~.~L i- - r 1.. • - ~ My commisean ezpins: ~ .y^ / ~l'~l~ ~ ~r~ ~ ti_ - - - _ ~ ~ = _ , = ~ ~ ~ °'~3~~'r..~:«^;:,=_~~~~.~ . ,