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Home My WebLink About0980 . ~ ~T.1~~~'CP `UN~~ nE ~ Ir C! fRK :.^.:~T C~~RT R • ' _ ` ~"""~"t'~ Ocr 3 12 ~s PM'1~ ~19020 ~ s1uU have the option to receive and spply the vame on eccounl o[ the indcbttdneea secured hereby or to petmit eaid Mortgagor W receive and use it or any part thereot for other purpoxe witMut thereby waiving or impairiag any equity, Gen or rigbt under or by virtue ot thia mortgage: and in tAe event said MMtgagor sMU tor any reasoa fail to ke+ep the said premisee so insured, or [til w deliver promptly any ot eaid poticies ot inaurance W aaid Mortgages. or fail promptly to pay tully any premium there[or, or in any rcapect teil to pertorm, discharge, e:cute, effect, complate, comply ~vith end abide by this covenant, M an>• pert hereof, seid Mortgegee may plsoe and pay for ~uch inaurance or any part thereoi without wai~~ing or sf(ectinR any option, lien, equity or riqAt under ~ by virtue of this mortgage, end t6e fuU nmount oi each and e~~ery auch payment shaU be immediately due and payabk and shall bear interest from the date thereof until paid et the rete af ten per centum per annum and together ~vith such interest ahall be secured by the lien of this rt~ortgaqa. . 1. To~ permit, commit or euffer no waste, impnirment or deterioretioa of said property or sny part thereof. S. To pay all and ainquler the coste, cherRes end e:pen~e~. includinR rea~onebk lawyer'~ fees and co~t of ebstrecte of title, incurred or paid at• eny time by 9aid Mortgagee Decause and~or in the event ot the failurr on the p~rt of the +aid Mortgegot to duly, promptly and fuUy pertorm, discharRe. execute, eftect, complece, oomply w~ith end sbide by each and every the stipuletiona, sgreemente, rnnditione and covenanta ot ~sid promiasory- note, and thia mortgaRe, sny or either, and ~aid co~ts. chargea and e:pen~e~, each and every•, ehsU be immediately due end p~yabk, whether or not there be notice. demand, attempt to colloct or auit penciinR: end the fuU amount of each end every ~uch payment sheU Aear intereet irom tAe date thereo! untii paid at the rste o( ten per centum per ~nnum: snd sU ~aid costs, charges and e:pen~e~ ~o incurred or ptid. together ~ith ,ucl~ intereat, ~haU be xcured by tAe lien ot this mortgage. 6. That Ia1 in the event ot sny bre~ch ot thia mortgage or default on the part of tbe. Mortg~gor, or 1b) in the • event ~ay of esid sums of mocey herein roferred to be not promptly and fuliy paid wichin ten days nezt ~ft~ the ~ same aeverally become due and p~yeble, without demand or notice. ~ Ic) in the event each and every the atipulatians. agreements, coaditione and rnvenante of e~id promissory note and thia mortgage, any or either, are not d~ily, promptly and tully performed. diacharged. e:ecuted, effected, rnmpkted, compGed ~rit1? and abided by, then, in either or any such event, the said eggreq~te sum mentioned in ~aid promi~eory note :hen remeining unpaid, with intere~t sccrued. and ~U moneys aecured hereby. shall become due end payable forthwitt. er thereafter, at the option of aaid Mortgagee, aa fulty snd completely if sll of the eaid autae of nomey were uriginaUy stipulated to be paid on ~ucA dey, anything in eaid pmmiseory not$, and or in tlua mortgage to the contrary notwiEhstandin~ and thereupon or thereaft~r at the option of ~aid Mortgagee, without notice or datnand, ~uit at law~ or in equity. theretofore, or thereafter begun, may be p~osecuted aa . if all money~ eecured hereby hsd matured prior W its in,+titution. 7. 7'6d in the event that at the beginning of or at any time pending any suit upon thie mortgage, or to foreclo~e it, or W reform it, sndfor to enforce paytnent of any claime hereuader, aaid Nongages ahall epply to the court i having juriedictioe thereof for the appointment of a Receiver, aueh court ahsll forthwith appoint a Receive~ of said mortgaged pmperty aU and singuler, inc}uding all and sinqular the rents income profits, iaeues and revenues trom ; wAatever source derived, eech end evrry of ~vhich, it being e=preeely underscood is hereby mortgaged a~ if ~ specifiully set tocth snd described in the Ftrnnting snd habendum clauses h~mof, and such Receiver shall ha~•e all the broad snd pftective funetiona end powers in anpavix entrusted by s court to a Recei~•er. and such eppointment ~ shall be made by euch court ee en admitted equity and a matter of eb~olute : iQ},t [o said MortRaRee, and without ~ reference to the edequacy or inadequacy nf the value of the property mortf;aged or to the solvency or inaolvency ot ssid Mortgagor and~or oi the defendant9. and thnt 9uch rents. profite, income, ieaue~ and revenues ahall be applied by soch Receiver ecrntding to the lein and~or equity of said ~iortgaRee and the prsctice of such oourt. 8. It ia understood and agreed tlut thia mortgage i~ givan to secure, in addition to the note or obligation ebove described any addit'anal bane or future advancee made within twenty yesrs from date hereof by the mortgagee to said mortgagors or any eucceasor in titk ot eaid mortgagore of the property hereby conveyed; provided that the total unpaid balance of the indsbtedness ~+cured hereby si eny one time shall not e:ceed the mavmum princip~l ~ ~ emo~nt ot SEVEN TI~USAND ~7 ~000.00) ~~~s I. plus intereet thereon and any di~bunemente made by the mortgagee or the psyment of te=ee, ieviea or in~urance ~ on the propvty encumbered hereby, with intere~t on auch di~burxment~. ~ IN WITNESS WHEREOF, the said Mortgagor has e:ecuted thie mortgage under eeal on the day and year herein f'vst ebove written. Signed, saeled snd de6vered in the presence oi: ~ ~ ~ , t ~ ~~l fSEALI t~ JO - L~ ' 'l ~ , ISEALI ~ STATE OF FLORIDA E~ i 2d~@til J. Chorl og ~ sa- ~ COUNTY OF 3T. LUCIE ~ ~ Before me personally.P~.T~a ~ohn W. Chorlog and Elizabeth J. Chorlog, his wife of 6600 ~ SW 47th St , Miam~, FL 3~L~~ . ~ to me well Icnown and known to me to be the iadividua6. described in end who esecuted t6e toregoing ine4tnmwt,~' and acl~nowledged betoro me that t..h~l.. uecuted the eame tor the p~n~posee therein e~ressed. i WITNE35 my hand .na or~;.~ ~ ce;s 20th d,y of e t. - " ~ ~ Notary PubGc in and ~ - ~ ~ ~ tbe County ~nd 3t~t4,Afbceseid.; . - . ~ ~ ~ - . ~ . ~ SCi!, ~ MY mmieeion e~pires~ . ~ ~~.cf..L ~f ~'i ~ ~ 2 ; - - . ~ - - ~ ~ - - -