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Home My WebLink About0241 i ~EO ~NO AECpR~Eo 3~.lUCIE COUNIY ~lA QOC~p PO~TR~ CtEF!! C R~U1T CC i . ~ • . • tiE~ SeP t 1 8 3a AM'16 ~16'?"~~ . shaU have the option to rereive and epply tAe ~ame on account of lhe indebudneea secured hereby or to permit aaid Mortgago~ to receive and use it or eny pert t,hereof tor other pu~,_•es w~tAout tAereby aaivi~g or impairinR any equity, lien or right under er by ~~irtue of this mortgsRe: ~nd in the event ~aid Mortgagor shaQ tor any r~son fail W lceep the said premi~es so insured, or f~il to delive~ promptly sn}• of ~aid poGciea ot ineunnce to eaid MortEiaRee, or tail promptly to pay fulh• any premium therefor, or in eny reepect fai) to perform, dixlurRe, _ e:cute. eftect, complete, comply ~vith and ahide by tAis rovenant.~ ~:r any pdrt herrnt. said Mortgegre may placr and pay for ~uch insurence or sny part thereof ~rithout wai~•inQ or effectinK sny npuan. Uen, equity or right under or by virtue ot thi~ mortqage, snd t~e full amount ot each and even +uch payn~n~ sAall be immediatel~ due and p~yeble snd ehall bear interest from the date thereof until paid at the ~ate of ten per centum per annum and together w~ith such interest ~hall be ~rcured by the uen of thi~ mortgage. To permit, commit or ~~ffer no waste, impairment or detcrioretioo o[ aa~d property or any p~tt thereof. 5. To psy ell and ~inRuler the custa, cherytes end e=penxa, includinR ressonsble lawryer'~ fees end co+t of abatracte of title, incurred or pa~d at- nn.• tirne b~ said ytortgn~ because endor in the event of the feilure on the part of the said Mortgsgor to duly, promptly aad fully pertorm, dixharqe. e:N. u~e. effe~, complete, comply w+ith and abide by escA and even t6e stipuietions, agreemeete, condicione antf covenant+ of seid promistary note. and thi~ mortqaRe. eny or either, end said costa. ch~rRea end e:penx~, eecA end evr?y. +haU be immediatety due and psyable, whether,.or noc there be notice, demand, attempt to collert or auit pendinR: and the full amount of each snd every euch psyment ~Aa11 bear intere~t from the date thereof untii pa~~i at tAe rote of ten per centum per annum: snd all said cosls, charge~ snd e:penx~ so incurred or paid, tugether with .uch intereet, shall be secured by the lien of this mortgege. ~ 6. Thet !e! in the event of any breach o[ tAi9 mortgage or aefault on the p~rt ot the Mortgagor, or Ibl in the • evept env of said aums of money Aerein reterted to be aot promptly nnd fully paid within ten d~ye ne=t aftv the seme xveraUy become due and payabk. ~vithout demsnd or notice. or Icl in che eveat each and avery the stipulations. sRreementa, rnnditione end covensnt~ of xid promi~sory note and thia mor!gage. eny or either. are not duly. _ promptly and fully pertormed. di~charged, e:ecuted, effected. compkted, rnmp~ed with end abided by, then, in either or anv such event. the said aggreAate eum mentioned in said promi~sory note then re!naininR unpaid, wrich intere~t accrued, and sll money~ xcured hereby. ~l~all become due and payable fo~thv~nih. or thereatter. at the option of aaid _ MortRagee. as fuUy snd completely as if all of the ssid sums ot nome~• were o~ginally ~tipulated to be paid on such day, enything in sai~ promis~ory note, ~nd or in thi~ mortgaq~ to the ~ontrary noi~vith~tandinq, and thereupon or thereafter at the option of .rnid Mortgagee, w~iihout noi~ce or dnmend, euit at la~v or in equity, theretofore, or thereefter begun, may be prosecuted s~ if all money~ srcured hereby had matured prior to ib inatiWtion. - i. Thet in the e~•ent that at the beRinw?q oi or at en~ time pendinR nny .uit'upar. this mortRage. or to forecbse ! it, or [o reform it. and~or to entorce pa~~ment of am~ claima hercw~der. said Mortqages ~ha? appiy to the court ~ heving juriediction thereof for the appomcment of a Receiver such co.ut shall forthwith ~ppoint a. Receiver of said ~ moKgaged property aU and sinRular, including nl! and ~inp~utar tht renta income pr~fits, issure and revenue, from ~ ; whatever source derived. each and even~ oi wl~ich, rt being e:preealy undesqco:,d i~ hereby mortqaRed as if ' specifically ~et foKh and destnbed in the Qrnnting snd habendum clauae9 h~rr.~f, and such Receiver sAsll fieve ~ all the broad and pffective ~tunctions and powprs m anya~~e entrusted by e court to a Recpi~~Pr, and such appointment i ~hall be made by euch court s~ nn admiitcd equity and e rnatter of abx?lut. ::R`.t eo said \SortRe~e. and without ~ refetence to the edequecy or ;nadequac~• of the ~~elue af the property mortRaKtd or to the sol~•ency or insolvency j of seid Mortgsgor and~or cf the defendant9. end that .uch rents. profits, income. iswee end revenuee efinll be epplied ~ by such Reeeiver according co the lein end or equit}• of said Mortgagee end the preccica of such oourt. ~ 3 8. It i~ underatood and agreed that thi~ mortgage is given to ~ecure, in addition to the note or obligation ~ ebove dexribed eny additioaal loana or future sdvances made within twenty year~ from dnte hereof by the cnortgegee ? to said asortgagora ~r any succeseor in titfe of eaid mortgagore ot the property hereby conveyed: provided that thr ~ Wtal unpaid balance of the indebtedne9s secured hereby a' any one time ~AaU not e:ccecl the maximum principel ~ amount ot FOU~ THOUS~tVD ~(~tTY ~4,~4~0~~ D°ll°" ~ IE 1. plu~ interF~t t ereon an any- ?s nrxments made b~ the morcga r r.t of taze~. leveea or in~urance ~ on the pro~erty encumbered hereby. w~ith intere+t on such di~bursementa. ~ s ~ Iti K'ITNESS R%HEREOF. the said ~lortgeECor hsa e:ecuted this mortgage under seal on the day end year herein . ~ first ebove written. - s ~ Signed. aealed and delivered in the presence of: ~ _ ` `{rT~/~(X ~ 1SEAL1 - ~~sor ISF.ALI ' Terri Borz ;j STATE OF FLORIDA s~ COUNTY OF ST. LliCIE . ~ seco~ me per~onally appeared Ronal d Borz and Terri Borz , hi s wi fe of 10740 SW 166th < ~ Terrace, Miami, FL. 33157 ~ ~ . to tne well Icnown and imown to me to be the iadividuel. s deecribed in and ~vho e:ecuted the foregoing~ instNm~k_, = end acknowledged befon me that~..he.~(e:ecutecl the same for tbe purpoeee therein e~reaeed. WITNESS my hand snd official seal cn~s _ 22nd day of _ A _ , - ; n ~ . _l~,c~.~ ~K 294 ~~r 2~ Notary Public in antl tot~'; . the County snd State Atoreseid. . ~ : ~ My mieaion ezpires: ~~~-?fl~/ ~r~ ti ~ _ i_ , . _ r _ ~ . . - ~ _i ¢ . : - . t 2~'~€^~ar'.~~:r:~..r'.u'~.~~...~'.r's,b,k,...<.,Y.. . . . .x.r-~?~r~~S..~.~t