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Home My WebLink About0932 1l!0 ~NO ~EC~r f LA. WCIEFC~~{Na?S ^ IIOG~ . ~,t ~G T t4 . . . • . . Oct 3_ 12 i4 PM'18 ~1899~ shall have tha opt'an to receive •nd ~pply the ~ame on eaount oi ths indebtedness secured hereby or to permit ~aid Mortgagor to receive and use it or any p~rt theceot for other purposee witl~oat t6ereby waiviag or unp~iring any equity, lien or right uader or by virtue oi this mortgage: at~d in the event eaid Mortgagor shall for ~ny ~son tail to keep the s~id premiae~ ao in~ured.. or fail to deUver pmmptlq any ot said poltciss ot in~araaos to said Mortg~ges. or fail prompUy ta pey tully sny premium the~efor. or in aay respect tai! to p~xtorm, discharge. ezcute, eftect, complete, comply ~vith and sbide by this cov~t~ant, or any pert h~t, said Mortgagee may plaoe ~nd pay for such in~urance or any part thereof without waiving or ~ffecting any optan, lien, equity or rigAt under or by virtue of this mortgage, and tLe tuU amount ot each aad every sucA peyment sh~U be immediatety dus and p~yable and ehaU bear interest from tbe date thereof until paid d the nte of teu per centum per annum and together with ~ueh interest shall be secured by the lien o! this mortgags. 4. To permit, commit or euffer no wraau, impaira~ent or deteriorstioa ot uid property or any p~rt theieof. 5. To pay all and singular the coate, cha~ges and e:pensa~, including re~sonabk lawyer a teee snd cost of eMtrects of title, iacurred or paid st• any time by ssid Mortgagse becau~e sndlor in tt~e event ot the faitwe on tAe put of the ~aid Mortgagor to duly, promptly and tuUy pertorm, disch~rge, e:ecute, eftect, oomp{ate, aompty with and ~bide by eacA and every the etipulstione, agreements, conditions ~nd oovenents of eaid promissory aote, and thu mortgage, sny or either, a~ eaid costa, charges aad ~pen~es, ach and every, ahall be immediatety due and paysbk, whether or not there be notice, demand, attempt to coUect or suit pendinq: and the fuU amount of e~ech snd every auch payment shall bear intereat from the date thereof until paid st the rata of ten per centum per annum: snd aU ~aid coet~. charge~ ~nd ~penxs ~o iecurred or paid, togeth~ w~itA sucs intereat. ~hall be secured by the lien of this mortgage. . 6. That lal in the event of any br~e~ch ot thia mortgags or def~nlt oa the p~rt of the Mortg~igor, or Ibl in the • event aay ot said sums ot uw~y h~ein reterred to be not promptly and fully paid wittin ten days n~t aft~ the ~ame severally become due aad payabb, without demand or notice, or Ic1 in the event eicA and evsry the atipulationa, agreeineats. conditioas and covenants of said promisaory nots wd this mortgag~e. any ~~ther. are not dulv„~ . . pmmptly and fu0y performed, diechuged, e:ecuted, effected, compkted, oomplied with ~nd abided by, thea, in eitl~er or aay ~ch event, the eaid agg~egate sum mentioned in eaid promiasory note then remaining unp~id, with intereat accrued. and all moneye eecured hereby, ~hall become due and psyable fa~thwrith, or thereafter, at the option of aaid Mortgagee, as fuUy and oompletely as if all of the aaid sums of nomey were originally etipulated to be p~id on ~ auch day. anything in eaid promiseory twte. and or iw this mortgage to the contnry notwithstanding, and thereupon or there~fter ~t the _ option of said Mortgagee, without netice or damand, wit at law or in equity. thrrrtofore. or thereafter begun. may be prosecuted ae if all money~ secured 6sreby had matured prior to ita inatitution. . 7. That in the event that at the beginning ot or ~t any time pending any suit upon this mortgage, or to torecbae it. or to reform it, andlor w enforce p~yment of any claims hers~nder. ~sid Martgagee ahall apply to the court li having juriedictan thereof tor tl~e appointment ot a Receiver, such court nhall forthwith ~ppoint • Recsiver of said ; mortgaged pwperty aU and singWar, including all and singulu the reata uuome profits. isaues aad revenue~ trom ~ wfiatever source derived, each and every of which, it being e:pr~sly underst.ood ia henby mortgaged aa if ~ specificaUy set torth and described in the granting and haDendum clanees hPreof, and auch Raoeiver ahall l~ave ell the broad aad effective functions and po~vers in snywise et?tru~ted by • court to • Receiver, and euctn appointment ~ ~hall Se made by auch court as sn admitted equity end a matter ot ab~olute : iRh~ to eaid Mortgagee, and without reterenee to the edequacy or inadequacy of the value ot the property mortgsRed or to the eolvency a insotvenc~ i of said Mortgagor and/or of the defendants. and that such renta, profita. income, iaauee and revenuea sdall be ~pplied ~ by such Receiver acoording to the kin and/or equity of said Matgagee and the practice of euch oourt. ~ 8. It ie understoofl and agreed tLat this mOrtgage is given Lo sseure, in addition to t6s note or obligation ~ above described ~nq additiowl loans or future advanoes made withm tweaty ye~rs trom date 6ereoi by t6e mortaagee to aaid mortgagors or any snccessor ia title of ~aid mortgagors ot tbe pe+operty he~sby conveyed: provided th~t the total unpaid baLece ot the indebtednea~ secured hereby at any oae time sha11 not e:ceed the ma:imum principd ma amounc.ot SIX TNOUSAND ONE HUNDRED (6,100 00) Do11.rs Ii 1, plus intereet the?eon and my diab~rsements made by the ~nortgagee f~ the payment of ta~~ea, levies or insurance ~ on the property encumbered 6ueby, with inte~rst on eucA diebursements. . ~ IN WITAIE3S WHEREOF, the aaid Mortgagor hae ezecuted thie mortg~ge uader seal on the day aad year herein ~ first ~bove written. ~ Sig:ud, sealed and delivered in t6e pre~e ot: ~ ~ ~ ISEALI a . ruce eaver y (SEALI z ~ SfATE OF FLORIDA ~ g OOUNTY OF 3T. LUCIE J. Bruce Weaver of 4114 Anderson Rd., Coral Gables, FL. 33146 F Before me personallY ~PP~~ ~ ~ - ~ ~ to me wsll known and imown to ms to be Lhs individual.. ds~cribed ia ~ad wbo ~z~cut~d ths forv~oina instruaient, ~ and aclroowlsdged b~rfore ms th~t ....ha.... ~eeuted the same tar the p~~po~ t6~ein e:pns~sd. ~ wITNESS my e.na .na orfic;.~ se~l cQ;, 20t h ~y of S r: ~ - r'- ~ ' . ~ Notary Public in and ~ ~ a~. the Coanty ~nd 3tat~ ~A~id. ' ` 2~5 931 - . ~ yyr! M3' n . ~ . i~:~ ~fr ,:s _ ~ w - - ' s=~ 3.~` s _