HomeMy WebLinkAbout0982 ~Ipy F ~v y ~ ~ .
, 'r,~.[D AMI~ RtcoN0E0
~ 1~pQ~EA
P~o~i11~1Ai ~A.
~EtMO V[~ ftEO i COYti
422'76'~
~hall haw t!N opcfon to nc~iw ~ad ~pply tM ~am~ oa aooouot ot tl~ iod~bt~edn~ Ncurd Mnby or to pamit
s~W Mo~~ to ncdw and uM it ar aeyr put tMrwt tor otl~ purpo~ witbout tA~nby w~ivin~ or impairins
apr ~9uley. li~a or ri~ht und~r or by virtw ot tAL eao~~ aed in tA~ w~nt ~aW Mortg~o? ~hall tar any nswn
fail co IcMp tM ~aid p~emi~ ~o inwnd. or tail to d~UvK promatlp anr ot Mid poticiN ot tawrcana to yfd
Mort~ae~. or hi) P~P~Y ~ MY w~Y ~y Pt~um tlwhtar. o~ in ~ny »~p~et fdl to pMicrm, di~diarp,
e:cuts. eHect. canpl~, rnmply with and abide by thb eov~ant. o~ ~ny put l~ereoi. ~d Mat~a~ m~r pl~o~ ~ad
WY tor sueA insunnee or aay P~rt. thersof witbout wdvin~ or ~ltecting any option. llen. puity or ri~ht undK or by
virtue ot this morts~. aad tL~ tuU am~ount o1 e~cb ~nd ~wry ~ucA p~ym~nt shai! be lmn~edi~tshr dw and paraDls
ae~d ~haU As~r iut~t trom tM dace thw+eoi untll psid ~t tM r~te ot ua pK cbtum pK annum wd to~tlwr with
sneA int~t shaU b~ ~vr~d br tM lian o! t!~ moct~~.
1. To psrinit. eommit or ~uH~r ao wute, impairmsnt a dstKior~tlon ot Nid prop~rty or ~ny part thereot.
6. To p~y a1! urd ain~ul~r tM ewta. cAar~ and upsnws, inchding re~~oaabM lawpar'~ teM ~nd oost ot
~bstraeu ot title. incurred or p~id ~t• any tiuM by eaid Mc~t~ag~s becaws andlor in t~ eveet ot th~ t~ilure oo the
part oi ths said Mort~a`or w dulp. pcomptlr and [uUy P~r[o~m. dl~clw~, ssecut~. etteet, ooenpMt~ compb? with
aod abids by e~eA and every cM •tipul~tion~, yrMa~eta. eond8ioo~ aud oovenant~ ot ~aid promi~y nota~ and
this mortg~ge. ~ny or atAer. ~nd wid cosu. chu~ and ~sptew~. Mch and every. ~6aU b~ imm~dLtdr dus and
P~Y~Dk. wbstAar ar not thsre be notica. d~nd. ~tt~rnpt to oollsct or suii peedins; ~nd the fu4 anaunt ot e~cl~
and every sucb p~ymart ~haU b~ar Wtenst haa~ cM date tl~not until pa&1 ~t the nte of ten per osatum per
annum: ~nd all ~aid coKi. ehar~ aad upeo~ so ineurr~d ar p~id. to~etMr witA sueh interwt. iba11 bs ~vred by
il~e lien ot thu ~nort~p.
8. T6~t lal in t!~ went ot tay bew~ch of thi~ ~natp~ or d~hutt on th~ p~t ot tM Matp~. or Ibl in t6s
• event any ot said suiw ot nwoey benia eelwred to b~ not pwmptly ~nd fulh? paid witAin ta~ dq~ nut a(ts th~
sams isvenUy beoom~ dw and payaW~, witt~out dem~nd ar notie~, or Icl in ths ~ve~t e~ch and w~r tbs ~tipt~i~tioo~,
agreem~nta. ooodition~ ~nd oo~oanN of r!d pwmiaory not~ ~nd tbb mort~. any or ~it~r. ~n not ddy.
Promptly aad fuU~ P«'tamd. di~e~ar~d. ~~td. eNect~d. oomPbt~l. ooe~Plisd ~rith ~ad ~bidd bp. tlNn. in dt6r
or any soeb event. tM wid a~ace sum n~entand in ~d ptomi~~ory not~ then rernainina unpaid, with iatae+~st
~ccrued. aad all moan?~ ~eeured lNnbr. ~hall bscome dne ~nd p~ya~M tortl+with. or tlNnafter. at the optbn ot aaid
Mortgag~s, ai tuUp aad oomplsblr u if alf of tM aid mma of nonry wen orisin~Up ~tip~latd to bs paid an
sueh day, aaythins iu ~d pe~omiNOp not~. and ar io tAL moR~ to tlr~ ooatrarp notwitbst~odin~ ~nd
therbupon or tberMhw ~t ths option ol ~d Matsapi, wfthout ootio~ ar damand, snlt ~t law or ia eqtdtr.
therecotore. or cM~a.it~r b~an. may bs pro..eus.d u it .D mon~rs «cund b.r.by 6.d macurd peior w ic.
inatitution.
9. 77uc in cee evenc ceac .c cb. be~fu,niog ot or ac any cim. p.odlns any su;c upon cai. usorc;as.. or w ta.cb.s
it. or to retorm it, ~od/or to ~niora p~rm~et of aey el~im~ Mnundr. s~id Morts~ ~6~i1 apply to t6s oourt
having juri~dktion tl~e~so1 tor tbs .pQoint~wnc ot . lire~ivR, wcA eourt ~hall tarthwit6 appo~ine . R~aiwe of aid
~ P~~r an ~nd singular. includina ~ll and dn~ul~r tbs rent~ irco~ne pro6t~. u~ues ~nd r~wnw~ Irom
; whatever wnro~ dKivsd. weh ~nd ~v~ry ot whkh. it b~it~ ap~+wly uad~rscood is b~y matppd u i!
spscifically Mt foRh aod dMaibd in tbe ~rantfe~ and 6ati~~dum cLwes hereot. and aub R~o~iwr ~A~1! have
! all the bm~d and eHeetiw tunetions aad powers ia anywi~s entrust~d bp • oourt to ~ Reoeiver. ~nd sucs ~pointment
I sha11 be mads by such eourt ~n admitted equity ~nd ~ matter of absoiate right to said Mortgrg~e. and witlwut
re(erenoe to the ~dequacy or in~dsqwcy of the value ot ths property mortgaged or to the ~olvsney or in~otve~cy
of said Mortgagor andlor of tM de(endanu, uid th~t ~uch reat~. pro6ca. incoms. iaue~ ~nd reys~ue~ ~hd1 b~ applied
by ~uc6 Reeeiv~r acoondias W tM {eia andlor equity o! ~d Mortgages and the pnctks of wtch ao~rt_
~ S. it u uadK~tood and ~~eed tLat t6L i~
mort~sp ~[v.n w~.cvn. in .ddicioa w chs noce ar oblipcion
abovs dMCrib~d aar additbe~! Iwns ar tutun advana~ m~ wit6ia twrotr ye~rs from date 6enoi br tb~ mo~ape
~ w~d m~ortsa~on or an~ woo~or ia titJ~ ot Nid mortaaaors a[ tbs p~opRty 6ee~y ooovepd; providd tdt t6s
~ wta! unpaid b~lanee o[ the indebtednsss ~scured hareby at anr oos tia~s shall not esceed the muimwn pcincipal
= amounc ot T{~?0 THO SAN~ [~INE HUNDRED SEVENTY (~2970.00)------------------~+n
@ li 1. pius intKe~t thweon a~ any dlsb~usement~ m~de br tbe mortsases far ths payment ot tuN. {wiN ar ias~ranos
a on tbe proparty encombsr~d bu~by. with intersrt on aieb diabur~tta.
~
~ IN WITNE33 WHEREOF, the ~aid Mort~agor ha~ e=ecuted this inortg~ge under ~eal on the day aad year l~nin
~ firsi ~bove written.
~ ' Signed. ~s~led and delivsred in tbe pre~ence ot:
~ ~ ~
~ ~ (3EAI.1
~
, - ry lice Hop ins
13EAL1
3TATE OF FIARIDA
~
g OOUNTY OF 9T. LUC1E
- Before ~ns penonalir appe~red Mary Alice Nopkins of 3345 Parkland Ave.
; Titusville, F1. 32780 ~
~
W m~ wd1 ltnown and Imo~wn to ao~ to bs tM individwL.. dMV~ibd io and wbo ~s~cubd th~ fot~ofr~ io~truepe~nt~
~nd ~eknowid~~d b~ton m~ tbat S..b~.... esecvt~d th~ wms far t6~ p~Qpo~ thraia s~pe~Md.
2 WITNES3 my hand and offkiai ...1 cWa 6th ~ d.r ot OC ~ 7
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' ~ Not~ry Public in and '
' tlr~ Coupq and 9taa Abrrr~id. ~ .
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