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HomeMy WebLinkAbout3003 . ~ , . ~ 4~2,80 ~I3 JU. -6 ~!1 ~ 32 - AN~P~~~oA. ~IIT C61JR1 ~ ~Cpqp ~ERIFIEO.__~-~. - ~6s11 l~aw tM optian W s~oeiw and apply tM sams on ~eoouat ot t!w indsbtednea ~scurd Mrebr or to pwu~it Nid Morta~ to reeeive and uN It o~ aay p~rt tlHnof tor oRSat purposes ~ritMut tbnbp waivin~ ot i~opairins W puitr. 1Ma a~ risht under o~ by virtus ot chis mort~s; ~ad ia t6s ewnt sdd Moctsa~a ~11 toe any :siaoo hit W kNp 66~ wid pee~ni~ w ineured. ar ta~ to dsliwr pe~ceaptly u?y ot ~id pdki» ot foa~rma W a~W Mo~ts.ae., or taD praopcy w p.r ful~? any peemium c6~cstor. or in .nr n.peet hn w p.rtacm. aseut~. eft~ct. oanPlete~ complr ~rich and abide by tlw eovenaat. or any p~rt heroof. s~id Mort~ges may -pi~ae aad P~r tor snc1~ insuranos or aay pact thereo! witbout w~vins or affectia8 any option. lles. equity or rigb! ~nder or by virtw ot thL mott~s. and tL~ tuU anauat ot NcA and evK7 ~ WY~t s6aU bs immedi~tdy dw aad p~yabls ~nd shall Ae~r intere~t hom t6~ date tl~esot witil paid at tM rate of tan psr osntnm per anaum and toee~her wit6 w~ch intw~s~t s6aU bs ~,vnd Mr the tiw of t6is mat~. ~ 1. To pereoi~ eommit ar suHer no wast~. impairwsat or deceeiontiou of eaid peoperty or ~ny part tMreot. S. To p~y all and singular the ooscs. charge~ aad espenss~, iaeh~ding re~sonabk lawyar's fes~ and ooet ot abstraeta ot titls. ini.vrred or paid ~t• aay tims by s~M b[ortgagss bec~vse eadlor i~ t6s eveat ot the faihue on ths pu~t of tbe said Mort;agor W dulr. promptly a~ tu117 P~~ ~~B'e• ~e~vte. et[ect. oomP~• ~PIY ~ ud abide br e~c6 and every tM ~tipul~tions. ~n~eosata eonditioeu aad eoveaa~ts ot said promi~wr~ nota. ~ad this mortgags. an~ ~ ather. and wld oosu. eharge~ ~nd upense~. e~cb and every. ssaD bs immsdi~tdy dus and P~ri~. whether or oot tLs.ro be notica dea~nd, attempt w ooUsct or ~uit psading and tM full amwnt of eacA and every weA p~ymeot ~IuII M~r intere~t trosn tbe daca thereot unc7 pai~1 at the Tats of ten per ~eatum pec ~an~m: u~d all aid oosta. ehar~ and sspeo~s~ so incurred or p~id, wgetl~er wit6 suc6 inte~t. s6aII be sscured by tbs lien oi this morc~a~. 6. '1~! lal ia t6e event of ~nr bre~eh of tAb mortsag~ o~ dsfault on t~s p~rt ot tas Mort~igor. a~ Ibl ia tbs • event any of add wms of monsy bareia eeterred W b~ not pcomptty wd tuUp p~id withia tea dars nart aftR tbs •am~ ~vanll~ b~oo~ das aad p~yabM. wEtlaut demand a ootiee. er !cl in the eveat e~6 ~nd ewry ths st~u~tion~. agreearsnt~. oonditioor ~nd oov~nts of ~aid promiaory aot~ and tM~ mo~taaes, ~ny ~n not dul~r. p~Y ~~7 P~ ~ecuted. sff~ct~d. aompMted. oompiied wlth and abidsd bp. then. in either or ~r suel~ sv~t. t6e ald ag~ate ~um meationed 'w s~id pro~niwory note then r~naining nnpaid, with iatere~t ~d. and dl mon~~ ~ecured h~by. ~h~D beooms dus and payabls forthwitb. or tMreafter. at tns option of said Martgages, u tuft~? and oompktely u U~11 of tb~ ~aW wm~ of aomsy were originally stipnlatad to b~ p~id on snch day. anyt.Aina in ~dd promiaoq? not~. aud or tn tbis mortsag~ to tbs o~trary notwithrtanding, aod th~eupon or tber~tt~ at tl~e optioo of s~id ldoct~ges. witl~out ootice o~ damand. suit at l~w or in eqnity. theretofors. or t6ere~tter begnn, m~y be pro~ecntd u if dl monsys see~u+ed bereby had nutnred prior w its instiWtioa. 7. Tba! in tbs event th~t at tbs bepnning of ot at any tim~ peadtna any suit upon this mortgags, or to foe~eclore ! it, a~ to eeform i~ andlor to eaforee p~yment ot aey cWm~ 6eeennda. said Mort~ages sDall apply to thb oourt ~ lyvlna Jurisdiction t6eeeof for tbs appointment of a Retyivar. aich ~onrt sha!! torthwith appoint a Reoeiwr d nid ~ ~B~B~ ProP~Y a~ and singul~r. fnduding all ~nd singular tbe raata inrnme proflts. issaes and rsvenues irom ' whatever ~ouree derived. e~ch and everY of w6ich. it beina ezp~pty uaderatood is hereby mortgaged as ii ` epecificallr sst forth and deseribed in tbe granting ~nd lubendum clawee horeof. sod auch Rsoeiver shall le~ve ~ all the brwd and effective tunetions and powers in anywise eatrusted bq • court to s Receiver, and sueh ~ppointment shall be made by such co~rt a~ an admitted equity and a matter oi abeohite rig6t w aaid Mortgagee, and without ~ reterence to the adeqwey or inadequacy of the value ot the property mo~tgaged ar to the solveney or insdvency ~ of s~id Mortgag~or andlor of the defendants, and ttut evch ronts, peofits, iaooma, iswes and revennes shall be apptied j by a~eA Reeeiv~ aeoording to ltie kin sndJor eqaity of said Matgagee ~nd t6e practice ot sneh cwrt. i ~ 8. It is anderstaod ~nd ~~eed t6at this mortpge b aiven W sewe~s. in addition to tlie uoRe o~. obligatia~ . ~bove de~cribed ~n~ ~dditbaal Iwn~ ar tuCnrs ~dvaaas m~ds wit6fa twaoty ye~rs [rom d~te 6areoi by t6s mo~t;ages W nid mo~tsagor~ or any weo~sso~ ia tiLls of nid mataaeot~ of tbs propeety 6er~by e~veyed: P~ovided th~t t6e tot~l nnpaid b~lanee of the Indebted~ss secursd hersby ~t any one tims shall net e:ceed t6e ma:imum P*~Pv amounc ot FIVE THOUSAND . I~UNDR~f D~TN~N ~~(~;5~2 ~~c oti:=ee i~ o~ ;n~r.r~oe 1. ph~s intacest tl~ereon ~nd any dis ts on t6e prope~rty eaeumbered hersby. wit6 interest oa wcb disbur~ements. IN WITNE33 WHEREOF, the ~aid Mortgagtx has e:ecvted this martgage unde~ eea! on the day and ye~r }~ecein ~ firet above written. 3 ~ pres~os of: _ ~ 13EAL1 ~ ~~V~~' ~ na~ ISEALI ~ STATE OF FLORIDA ~ • ~ (70UNTY OF 3T. LUCIE ~ e~~ ~~4,g, ~~.~,,d John J. Brennan and Evelyn B. Brennan, his wife of ~ 1519 Lance Road, Jupiter, F1. 33458 ~ ~ . ~ w ms wrt! knowa and imo~wn to m~ to bs tb~ individwL.Sde~a~ibed in and w6o ~z~eut~d the foregoin~ c:: and admowi~ded b~ton ,w that ..~..yes~cnt~d ths wms tar tJ» P~Po~ thecdn a~*+~ad• ~c'``.;~~;1;,.....~j~~? t ~ ''~~'.•8 , _ 'f . . ~~~1. wrrrrESS mr e.na .na ors~.~ cm. 19th d.r a~ November ~•is r~ ° _ ~ y • s `;ix'. ' • o~.. Not~ry Pablic i~ ; ~ ~ l~ - ~ 31i P~~E300~. ~ ~/~tp~. ~ • ~:*,-9 R ba~tC ~ :1~~~~~~ . a~? i ~ 60JK My oomm~„~on t~,`' i ~ ~ . . ~ March 8, 198~'{''~. .~.°`Y