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HomeMy WebLinkAbout0987 ~ ~ ? ~EO ~N~ aECUKoEO ; J ~~,~~CIE COUMAAS~A ~ (IOCtF P~ ' CL~R. U;T C , - r~ . OcT 3 12 ia PM'18 ~ ~ ~ ~19024 shall luve the optan to receive •nd ~pply the ~ame on acoount ot t6e iadebtednsss securrd hereby or W permit said Mortgagor to receive and use it or any part thereof to~ other purposes witAwt tMreby w~ivina or impairing aay equity, lien or right under or by virtue ot thir mort~~e: ~ad in the event said Mortgagor alull tor ~ny reasoa tail to keep the ~aid premisee so ineured, or t~il to de6v~ promptly aay of said policies ot ias~rancs to s~id MortgaRes, or tail promptly to paY fuUy any p~emium theretor, or in any respect fail to per[orm, disch~rRs, e:cute. eftect, complete, comply ~vith end ebide by thia covenant, or nny part hernof, eaid Mortg~gee may pleae end p~y tor ~uch insurance or any part thereof writhout w~iving or aftectinR any pption, liea, eqnity or rigAt uoder or by virtue ot this mortgage, and the tuU amount of e~ch and every such p~yment shall be immediately due aod p~yabk aad shaU bear interest irom the date theceof until paid at the nte ot ten per ceatum per annum and together writh ~uch interest shall Ae eecured by the lien oi this mortgage. - 4. To permit. commit or suHer no waste. impairment or deterioratioa ot ~aid property or any part theceot. 5. To pay a11 and singul~r the coets, char~ee snd ezpenees, includinR ressonabk lswyer'~ fees ~nd co~t of ebstracts of titte, iacurred or paid at- any time by said Mortgagee becawe and/o~ in tAe eve~t ot t!~ failure on the patt of the ~aid Mortgagor to ~duly, promptly and tuUy psciorm. discA~rge. e:ecute, eNect, oomplete. compty with a~ abide by e~eh ~nd every the stipulations. ~greements. conditions and covenent~ ot said promissory note, and - chis ~rtgage. sny or either, and esid coats, chargee and e:pen~es, each snd . every, al?~U be immedi~tely due and ~ psyabk, whether or not thue be notice, demand, ettempt to rnUect or suit pending; and the tuU amouot of esch and every ~uch payment shaU be~r intereet irom the dace thereof until pai~f et the nte of ten per centum per annum: and aU said coets, ch~rgas ~nd e:pen~es so incurred ot paid, togrther wit~ such interest, ahall be secured by the lien of thu mortgage. 6. That 1~1 in t6e event of any breaeh of tDis mortgags or defauk on tl~e part of the Mortgagor, or fbl in the • event any of aaid sum~ ot moaey herein reterred to be not P~P~IY P~ within tsn days oart ~ft~ the seme eeverally ber.ome due and p~yabk. witbout demand or notioe. or Ic) ia the event ach and eve~y the stipalations. agreemsnte. cooditiona and oovspants of said promiesary uots and tl~is mortgage. any or eithsr. aro not duly, promptly and t~lly per[ormed, diechuged. e:ecuted, effected, compkted, canplied ~vith ~nd sbided by, t6en, in either or aay such event, the said aggregate sum meationed in said promiaeory note then nmaining unpaid, with interest eccrued, and all moneya eecurcd hereby. ~lW1 become doe and payabk fortbwith, or thereafter, at the option of said Moctgagee. ss tuUy and compkte~y if dl of the said sums oi nomey were originaUy etipulated to be p~id on such day. anythiug in eaid promiswry nota. and or in tbis mortg~ge w the eontrary notwithstanding: ~nd the~eupon or thereefter at tl~e opt'an o[ said Mortgagee. w?ithouC notioe or damand. suit at law or in equity, theretofore. or thueaher begun. may be prosecuted ~s if all moneya ~scured Sereby had matured prior to ita institution. T. That in the event that ~t the beginning ot or at eny tims pending any suit upon tliis mortgage, or to toreclose . it, or to reform it, and/or to enforce paymeat of any cWm~ hereunder, eaid Martgagss shall apply to the court I having jurisdietion thereof for the ~ppointment .of a Recsiver. ~ueh oonrt shall torthwit6 ~ppoint • Recsivar ot raid . ; ~*~8a6~ P~LY all aad ~ingular. including all and aiagulu the rents income prot~ts. issuee ~nd revenuea from E wAatever soum derived. each and every of whjch, it being ezpres~ly understood ia hereby mortgaged ~s if ~ specifically set torth and described in the ~anting and tubendum clauees F.ereof, and eueh Receiver ahall have i all t6e brosd and effective functana and powero in anywrise entnisted by • court to a Receiver, and auch ~ppointment ~ ~hall be mads by auch court aa-en sdmitted equity and a matter of eb~olute right to said Mortqagee. u~d witlaut ~ reference W the ~dequacy or inadequacy of the value of the property mortgaged .or w the eolvency or insolvency of said Mortgagor andior of the defendant~. and that auch rente, pro6ts, income, isaues ~nd revenuee shdl be applied ~ by euch Receiver according to . tbe lein andlor equity ot said Mortgagee and the practice ot suc6 oourt. ~ 8. It is understood and agreed tliat this mo~tgage is givea to sscure. in addition to the note or obtigation ~bove described any ~dditional lwns or tuwre ~dvanas made witAin twesty years trom date hereof by the mactsagse w said moitgagors or any saooeesor ia titls of ~aid mort~a~on of the property he:sby oonveyed: provided that t6e total unpaid bdance of the indebtedaess secured hereby ai ~ny one time shall not e:eeed the mazimum pcincipal amw~nc ot SIX THOUSAND ~N~HUNDRED ~WO ~6102.00)----------=--------------D°u'r" li 1. plua interest thereon and any 's sementa ma by t mortgagee for the payment of t~ee, leviee or insuranee ~ on the PropvtY encumbered hereby. with int~t on eueh disbursemsets. IN WITNE3S WHEREOF, the said Mortgagor 6ae e:ecuted thie moctgags aader ssal on the day and ye~r hereia ~ first above written. Si~aed..wded ~nd delir~ed in t~prese~e oL• . ~ ~ ~ ~ -~js~t~'~ c J~~ ~ ~ ~?'i~c~~ • ~ ~ ~ ~ ISEAL? -~a~rian lof.-Kend"a _ ` ~Ct~,"~ C i l.. ' , < . ~ ~ ~ lJlr (SE AL? ~ STATE OF FLORIDA ~ ~ COUNTY OF 3T. LUCIE ~ Marian M. Kendall of 1460 N. W. 181st St., Berore me persoo.vy .ppe.rea ~ Miami, Florida 33169 " ~ • . - ~ to ms waQ known and 1mm~n to m~ to bs t,h~ individu~l.. d~~cnbd 'm aad wbo ~~entd th~ foeseoio~, ~ - and ~nowlsdgd bstore me thats...b~.... e:eeuted tAe sams tor tl?e purpo~es tMrein e:pewsd. WITNE33 my 6and and otRcial ~ed ehis 15th day ot SeDt~n6er , t ~ I. - • ~ 114 Notary Publfl:in lat~.~ ~ ~ tM Connty aad &it~ %\fareMid. Mr ~Caro e J.~Skiles ~ ~ ~ ' March 8, 1982 . . _ _ , . ~ . _ - - , - _ ~ . - ~ =y ~r ~ „ ~ ~ a ~~s,.`-~ ~