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HomeMy WebLinkAbout0249 . f1~E~ AMU IIECUNpEO iT. lUClf COUNTY F A ROC~R POITRAS ^~.Er~R ~~~;CciT Ceu - • ~ SfP I Z 8 3$ aN ~16~6 shaU have the option to rcreive and spply the same on account ot tAe indebcedneee secured hereby w to permit ~aid Mortgegor to receive end use it or any part thereof tor other purpoaas without thereby aaiviag or impairing any equitq. Gen or right under or by ~lrtue of thi+ mortgeRe: end in the event eaid Mortgagor shaU for eny re~son fail to keep the said premiae+ ao in~ured, or tsil to delivet promptly any uf .aid policies ot inswance to said Mort~p~ee, or fail promptly to pey tuUy eny premiur.~ therefor, or in eny respect tail to pertorm, dixhu~e. e:eute, effect. complete, comply ~vith and nbide by tAis rnveuiant, or nm~ part t~ercnL eaid !?1ortRagee rtuy plaae ~nd psy tor such insurance or sny part there~t without .vai~•ing or sNectu,R nny upcinn. lien, equity or rigAt under or by virtue of thi~ mortgage, end t6e fuU amount ot each end every• such pa~-ment sha:l be immediately due and peyable ~nd ~hell bear interest from the date thereof until paid ~t the rste oi ten per centum per annum and together writh ~uch interrat shell be sacured by the lien of t}tis mortqage. 4. To permit, commit or ~u[fer no w~sete, impa'vment or deterioratioa of aaid pcoperty or any part thereof. S. To pay aU and ~inqular the co~ta. cherRes and expenx~, inctudinR ree,oneble lawyer's . teee end cost ot sbstrecte of title, incurred or paid et~ eny time by said Nongegee because end/or in tAe event of the tailure on the ~ psrt of the ~aid Mortgagor to duly, promptly and fuUy pertorm. dixharqe. ex~ute, effect, complete, comply ~vith .and abide by e~ch snd ever}- the s~ipulatione. agreemente, condition~ nnd covenent~ ot said promiseory note, and Lhis mortgeRe, any or either, and said coste, charqee end e:pen~ee. each and e~ery. ~hell be immediately due snd pays6le, whether or not there be notice, demand, sttempt to collect or suit per.dinQ: end the full amount ef each and every. ~uch payment eheil bear interest from the dete thereot until pnid at the rate of ten per centum per annum: end aU said co~t+, char~» snd e:peneea so incurrod or paid. tn~rether with such intere~t, shall be aecurrd by the lien of thia mortgage. 6. That lal in the event of eny bresch of thi~ mortgage or default on che part of the Mortgagor, or Ibl in the • event any of said ~uma of money herein roferred to be not promptty and fully paid witRin ten deya nest •fter the same xveraUy become due and peyable, without demsnd or notice, or !c} in the eve:~t each and every the atipulation~. aRreements, conditiona and covenant~ of said promissory note and thie mortgagre, any or either, ate not duly, ~ promptly end fully performed, dixharged. e:ecuted, etfected, compkted, complied with and ebided by, then, in either or snv such event, the said aggregate sum mentioned in said promisaory ncte then remaining unpaid, writh interest accrued, and ell moneys ~ecured hereby, shall become due and payeble fo-chanth ~:r thereafter, at the option ot said Mortgaqee, as fuUy and completely es if all of the said aums of nomey were onginally stipulated to be paid on ~uch day, enythinq in said promiaaory note, and or in tlus mortgrRr to ~the contrsry notw~ithstanding; and thereupon or thereaiter at the op~'son ot said Mortgegee, writhout notice or dnmand. sui: et l~w or in equity. ! theretofore, or thereafter begun, msy be pro~ecuted as if aU money~ xcurnf hereby had matared prior W ita inatitution. ~ i I ; 7. TAet iri the event that at the beginninq of or at nny time pending ar,y vuit upon thes mortgage, or to foreclose E it. or to reform it, andlor to enforce payment oi any daime hereander. said '~1nrtQeqes sheU apply to the court j having juriadiction thereof for the appointment of a Receiver, auch court st?ell forchwith sppoint n Receiver ot eaid ~ mortgaRed property all end sinRuler, includinR all and ~ingular the renta income protits. issues and revenuea from ~ whatever ~ource detived, each and 'everv of whicA. it being e:preeely underatrx~d is hereby mortgeged as if i specificaUy ~~et forth and dexribed in the RrentinR and hebendum clau~es F~reof. and such Receiver shall have i afl the broad end effective function~ end powors in anywise entrusted by • court to a Receiver, and such appointment ; ~hall be made by such court ae sn edmittecl equity and e mstter of eb~oiu~: ri~1.*, to ~aid MortRegee, and without ; reference to the sdequacy or inadequacy uf the value of the pmperty mert~aRed or to the wlvency or ~nwlvency ~ of ssid Mortgagor and%or of the defendants. and thst ~uch rents, profics. u:come, i~sues Rnd revenueR ~hsll be spplied ~ by such Receir•er eccording to _the iein and or equity of said MortgaRee and the prectice of such oourt_ . ~ ~ 8. It is underetood and e~reed that thie mortgage i~ given to secure, in addition to the note or obligation above dexribed eny additional loana or fuwre sdvance~ made writlrin twenty yeara from date hereof by the mortgagee ~ to said mortgagors or any ~ucceseor in title ot eaid mortgagore of the property hereby conveyed; provided thet the ~ total unpaid balance of the indebtedness secured hereby a: eny one time ~hall not e:ceed the mazimum principal ~ amount of SIX THOUSAND rtr,NT NnNnRFn ~6 800. Q0~ °o~s ~ IE 1, plue interest thereon end eny di~bursements made by the mongngee for the paymen o~ taze~, levus or insurence x on the property encumbered hereby. with intere~t on auch disburxment~. z ~ . Q IN WITNESS WHEREOF. the said ':4tortRaQor has e:ecuted this mortgage under eeal on the dey and year herein ~ first above ~rritten. ~ = Signed, aealed end delivered in the presence ot: ~ ~ I / • / G'~ Z ~ ~ C' - f~L7~L? - W. Worth C oper~ ~ ~!':.'.t, J . . ~ _ r,--~¢L-~--- ISEALI ' Mary E. Cooper ' sr~~ oF FLaxinA s~. ~ COUNTY OF ST. LUCIE Beron me per~onally appeared w• Worth Cooper and Mary E. Coo er _his wife_of 9825 SW 63rd Ct., ~ Miami, Fl. 33156 ` to me weU known snd Irnowm to ~e to be the individueLS deeQibed in and ~vtu> e:ecuted t6e ~oreRoing inttrua~ent, and acknowledged before mc thatt Z.he~(. e:ecuted the eame for the purpoeee therein e:preeaed. ~ WITNES3 my hand end official seal thie ~ 3~ day of 19~ "~O ?:tll IC fTntE Of RARIOA AT !I?ft# ' ~ ~ A Mr ~0~1.A~~SSSON EIWItFS D~t. 20 1901~ No n.and.for ' ~ ~c~r.2Q4 P.~GE 249 - ` ~C D r~u GENERK It~. tA~DERwt1;i~S the ~nd Stats Atoreea;d. ~ ~S( My ( _ . _.y.- ~ _ _ ' " ' ~ _ _ ~'i _ ' _ f'i: ~ ;:^y ti +l+ ~j-r S ~'Se~ ..w#3Z-a:Y.~'.e2~~'0•r'R+.-'^..a'Fi373'~ -.~.'v . '.$~~e,~sa-Y~