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Home My WebLink About0948 ~IL~O A~D NECU~iuEU =T. WCiE COUNTr i~~. ~ qOCt~' F~'I~?q~5 G~ ~F~ t11T C^l~P : Ocz 3 12 i s PM'~~ 4~9000 ~ shaU I~ave the optan to receive +~d appn tbe same on ~ccouat of the indebtednsss eecured hereby or to permit said Mortgagor to receive and use it or any part theeeof tor other purposes witl~out th~eby waiving or impRirinB. ~ay equity. 6en or ~ight under or by virtue ot tAis mortgage: and in the event uid Mcut~gor al?aU tor any roaeon tail to keep the said promises so insured. or f~il to deliver promptly aay ot said po6cies ot iniurance W said Mortg~ges, or t~il promptly to pey tuUy nny premium theretor, or in any respect f~il to partorm, dixhuge. e:cute. tffect. complete, comply with and ebide by this covenant, o~ anr pnrt hereoi, said Mortgages m~y plaae and p~y for such in~urence or sny p~rt thereof without wreiving o~ atfecting snq option, lien, equity or right under or by . virtue of thie mortgage, and tbe full sawunt of e~ch snd every aucA payment shall be ima~ediately due and p~yabfe and shaU bear interest trom the date thereof unt~ paid st the rat,~ ot ten per centum per annum and together ~vitA suc1~ inte~est ~hall be sseared by the lien of this mortgage. 4. To perrait, rnmaAit or sufter oo wa~te, impairnxnt or detenoratioa of said propeKy or ~ny part thereof. S. To pey all aad singular tAe rnats, chargee and ezpen~es, including reaeoneble lewyer'~ feee aed ca+t ot abatrecte o( titk, incurred or peid et• any time dy said Mortga~ee becaux end;or in the event of the taiture on the p~rt of the said Mortgagor to duly, promptly and fully peiiorm, discl~arge. e:ecute, effect, eomplete, comply with and abide by each and every the atipulatione, agr+eementi, conditione and coveeents ot ~aid promiesory note, end this mortgsge, any or eitber, and eaid co~ta, chargea and e:pen~es, eech snd every, ahell be immediately due and peyable, whcther or not the+re be notioe, demand, attempt to coUect or ~uit pending: and the tull amount of each and every auch paymeat ~hall bear interent hom the date thereof until paid at the rate of ten per centum per ~nnum: end aU uid costs, charges and. e:pense~ so incurred or p~id. togetAer with such intereet, ~hall be aecured by the lien of this mortg~ge. ~ 6. That lal in the eveai ot any bre~eh of this mortgage or default oa the part of the Mortgigor, or Ib1 in the - event any of said sums oi money tbrein ceferred to be not promptly and tuliy psid within ten daye ne:t after the same severally become due and pay~bie, without demand or notice. or Icl iw the event each and eve+~y the stipul~tiona. agreements. conditions wd covenante ot said promissory note snd thie a~ortgage. any or eitAer. ue aot duly. promptly and fully periormed. discharged. ezecuted.- effected. completed, rnmplied ~with and abided by. tl~, in either or any such event, the aaid aggreg~te sum mentioned in. said promieeory note then remaining unpaid, wit6 int~reat accn~ed, and ell moneys eecured heroby, ~hall become due ~nd pay~bk torthwith, ur thereafter, at the option of said Mortgagee, as fuUy and completely se if all of the eaid aume ot nomey were originally stipulated to be paid on such dsy, snything in eaid promiseory note, and or ia thia mortgag~e to the rnatr~ry notwithstanding. snd thereupon or thereafte: at the option of aaid Mortgagee. witAout noti~.~e or damand, auit at I~wr or in eqaity. tAeretotore, or thereafter begun, may be prosecuted as if all moneye ~scured hereby had matured prior to :ts inetitutan. T. That in the event that at the beginning of or at any time pending any suit upon thia mortgage, or to forecbse it, or to reform it, andlor to eaforce paynxtit of any cleims hereunder. aaid Mortgagee ehaU ~pply to the court having jurisdiction thereof for tAe appointment of a Recaiver. auch court ehaU forthwitA appoint • Receiver of said mortgaged property all and sing~lar. including all and eingalar tl~e rents income profts, issnea and revenues hom i w~hatever swirc~e derived. e~ch and every of Which, it being e:preealy unders~or?d is hereby mortgaged as if ~ specifically set forth and described in the Rranting end habendum clauxs h~rPOt, and s~th Receiver ahall have ~ all the broad and effective functione and power+ in anywix entrusted by a court to e Receiver, and such sppointment ~ shell be made by auch court as an admitted equity and ~ cnatier of ab~olute ziQt.t to aaid Mortgegce, and without ~ reference co the adequ~cy or inadeqwcy of the v~lue ot the property mortECaRed or to the eolvency or insolvency of ~aid Mortgagor andlar of the defendants, and that anch rents, profita. income, issues and revenuee ehall be applied ~ by euch Aeceiver acoording w the lein ~nd?or equity of ~aid Mortgagee and the pnttice of such oourt. 8. It ie underatood and a~eed that thie mortg~ge is given to seeure, in addition to the note or obligatioa above described anq additional loana or future advanee~ made within twenty yeers from date hereof by tDe mortgagee ~ to said mortgagors or any succeseor ia titb of said mortgagors of t6e peoperty hersby rnnveyed: provided th~t the total ~npaid balance of the indebtedness eecured hereb ai eny one time shell not e:ceed t~e maum~un principal amo~ntot THREE THOUSAND FIFTY ONE 3051 00 ( . It 1. ploa interoat thereon and any disbtvsements made by t6e mortgag~ee for the payment of taze~, leviee oz insurance on the property encumbered hereby. with int~erest on such diabunements. IN WIT~IESS WHEREOF. the said Mort~gor hae e:etuted this mortgage uader eeal on the day end year herein first ~bove written. Signsd, ee~led aed delivered in the presenu q(: t~--- iSEALI ~ ur e te r l!%t ti,.-: ~~`,~,~f 1. ISEALI ~ Fa e B. Leste STATE OF FLORIDA ~ s~ ~ OOUNTY OF ST. LUCIE ~ ~f~ m~ ~~~y.P~ Milburn S. Lester and Faye B. Lester, his rifrt of ~ 11520 S. W. 83rd Terr., Miami, F1. 33173 ~ ~ to me wsll known and lmawn to ~ps to be ths individual... stle~rncribed in and who s:ecuted t6e fat+saoina iaStrm~iR, ~ ~nd aeJenowlsdgsd before me that L hs.Y ezseutsd t~e same tor tbe piuposes therein e~res~ed: _ ~ , ~ wl~rnrESS my ~.na o~ ~ ct~ lOth d,y o~ Sept. ~ ~ i . 4, s- ~ ' ~ . . . i - °t,~s 1< < ~ Na.ry wbue ~ .bq ~ ~ ' Cou y wd 3tate wtoreeaid. ~ - `~aro~e J. Skiles ~ ~~~=~95 947 My oommi~sion ezpa+ea: ~ ~ March 8, 1982 _ _ _ _ _ - - - - - t ~ < _ ~ ~ ~ . - - ~ ~ •