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Home My WebLink About0972 ~Ep ANO RECOaUEU c ~~.ltIC1E COuM?Y Ftl? ` IIOCfa P~~ TAAS ~.~fFK i ~;~~~T fJURT _ - ~..r~'~ . OcT 3 12 i7 PM'T~ 419015 shall have the option to receive and apply che same on account oi the indebtedrbss eecured hereby or to perndt said Mortgago~ to rsceive and uee it or any p~rt tAereot tor otAer purposes without thereby ~niviag or imp~iring aay equity. Gen or right under or by virtue o! tAia mortqage: and in tAe eveet said MortgRgor shall tor any roason tail W iceep the said premiaes so insured, or t~i! to deiiv~ promptly aay ot etid policies ot iiuurana? W said Mortgagee, or fail promptly to pey fuUy anp premium therefor, o~ ia sny rospect fail to psrtorm, dixharge, e:cute, effect, compkte, comply ~vith end sbide by thi~ covcna~t, or sny pert hereot, aaid MoctgaRee m~y plaoe and pay tor auch in~urance or eny part thereof witl~oul wsiving or affecting any opt~on. Geo, equity or right under or by virtue of thi~ mortg~ge, and tbe tuU amount of eech and erery auch peyment shaU be immediately due and pay~ble and ahaU besr interest from the dste tAereof until paid ~t the rate ot ten per centum per annum and together ~vith aucl~ interest ~haU be secured by the lien of this mortga~e. 4. To permit, commit or eufter no wa~te, impairment or deteriontaa ot uid property or any part therrof. 5. To pey aU aad ~ingular the coate. charges and e:penaee, including re~sonable lawye~'a teee and cost of abatracts ot title, incurred or psid at• any time by said ylortgagee becau~e and/o~ in tAe event of tlie tail~re on the psrt ot the said Mortgagor w duty. Exompily and fully p~iorm, discharRe, exrcute, eHect, completa, comply with and abide by e~ch and every the stipulations. agreemeets, conditione and covenent+ of said pmmiseory note, and thi~ mortgege, sny or either, and eaid co~te, char~a end e:Qen~ee, each and every,- ahall be immediatdy- dne end payabk, whether or not there be not':ce. demand, attempt to collect or auit pending: and the full emount of ench snd every euch p~yment shaU bear intrrest from the date therrof until paid at the rate oi ten per centum per annum: snd all said coats: chsrges and e:penees ~o incurred or paid, together with wch intereet, ahall be secured by the lien of thi~ mortgege. ~ 6. That ia! ia the event of eny bre~ch of tAi~ mortgage w default on tM part of the Mortgagor, or 'fbl in the • eveat any of s~id sums of money herein reterred to be not promptly and tully paid within ten daye n~t aft~ the seme severally become due and psyabk, witlwut demand or notice, or Icl in the event each and every the stipulations, agrcementa conditions and_ eovenante of said promissory note and this matg:g~e, any or eit~er, are not duly, promptly snd fuUy pertormed, discharged, e:ecuted, efiected, compkted, rnmplied with snd abided by, then, in either or any such event, the said aggregate sum mentioned in uid promiseory note fhen remaining unpaid, with intere~t accrued, and sU moneys aecured hereby, sAall become due and payable forthwith, or there~fter, et ths option of eaid Mortgagee. ¦s tuUy and oompletely it all of the aaid aums of nomey were originally stipulated to be paid on euch day, enything in eald promiseory note, and or in ttis mortgage to the contrary notwith+tanding and thereupon or thereafter at the option of eaid Mortgagee, without notice or damand. ~uit ~t 1~~r or in equity. theretofore, or thereaher bcgun, may be prosecuted as if ~ll moneys aecured hereby had matured prior to its inetitution. T. That in the event that at the beginning ot or at any time pending any suit upon this mortgage, or to torecb~e it, or to reform it, snd/or W enforce payment of eny ,claims hereunder, said Nortgagee ~hall apply to the rnwt having juriadiction thereof for the appointment of a Receiver, sucA court ahall [orthwith appoint ~ Receiver ot eaid mortgeged property aU snd singular, including all and ~ingutsr the. renU income pmfits. ia~uta end revenues irom whatev~ source derived, each and every of which, it being e~reas}y u~erscood i~ hereby rtartg~ged ae if ' specificaUy xt forth and dexribed in the Rranting and habendum clauees hereof, and n~ch Receiver ~hall have i all the brosd snd etfective functione and powera in anywix entruated by a rnurt w a Receiver, end auch eppointment ~ ~hal) be made by such court as an admitted equity and a matter ot ab~olut. riRt~c to ~aid MortRagee, and writhout reference to the sdequaey or inedequac~ of . the value of the pmperty mortgaRed or to the ~olvency or inrolvency i of said Mortgagor andloT ot the defendants, and that ~uch rent~, profita, income, issues and revenuea ehall be spplied by such Receiver according to the lein sndior equity of uid Mortgagee and the pnctice of such oourt. ~ 8. It is underetood and agreed that tAis mortgage is given to sxvre, in addition w the not~ or obligatan sbove described any additawl bans or future pdv~nces made witl~ twenty years from date hereof by the mortgagee W eaid mortgagore or ~ny sacceaeor in title of said mortgagore of the property hereby rnnveyed: provided th~t the total unpaid balance of the indebtedneas secured hereby a: any one time. sl~all not e:ceed the ma:imum principal amountof ~REE THOUSAND EIGHT HUNDRED SEVENTY FOUR and 63/140----(3874.63~-~~ li 1, plue interest tbereon and any diebursemente msde by the mortgagee for the peyment of t~es, levies or insurance - ~ on the propvty encumbered Aereby, with interest on sueh diabureements. ~ IN WITNESS WHEREOF: the said Mortgegor h~e e:ecuted thia mortgsge under eesl on the day and year hernin first above writEen. Signed, ~ealed and delivered in the prexnce of: ~ . t-,~, ISEALI - r e ner • ~ a~?.~~ -l.~.~~?sEAL? ~ Ka a ine Zellner ~ STATE OF FLORIDA COUNTY OF ST. LUCTE ~ Richard Zellner and Katharine Zellner, his wife of ~ Before me pereoaallY ~PP~~ ~ 19659 Riverside Dr., Jupiter, F1. 33458 ~ . to ms wsU known and lmawn to ms to be the individua~.. desaibed 'm and who ~ecuted th~, ~o's~ bstrumeet, ~ and acknowlsdged bstore me tl~at .~hs.y e:ecvted the same tor ths p~uposes tl~ersin e:pres~sd. - ~ w~TrrESS my b.na .na orfC;d se~l chis llth a.y or Se t. ~ • 19 7$" , ~ . Notary P11bN0,~r " • ' ~ ~ a ' • ~ che Cq~nty ~qd 3~~~1. said• ~ ~ carole J. Skiles ~ r ''AC_ My oommission ezpirea: ~ ~ March 8, 1982 F . _ _ . ~ _ _ . ~ . ~P,~+ • 3 ~ +k `:"Y. 5'c - I ~'d~ ~ Y".tSf~- , - ~ ~ y y f~~~,:~"y'i-