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HomeMy WebLinkAbout0021 , . . , , r 45~~89 1919 JUt. -6 A~ ~ 44 ~~~r~~'~'~r~R a~ ci~caT T 4 ~ REC(?RO VER1i1F0 ~hdl l~avs the optioa W receivs ~nd ~pplY che ~ame on aeoount of the indebtednss~ secwed hereby oe to permit s~d Matgagor W e~eceive and uns it or ~u?y part theraof tor other purpoees wit}a~t thereby waivin~ or Lnpa'ving aqy equity. lisn or rigbt uad~ or by virtue of this mortgage: ~nd in tl~e event e~id Mortgagor sAall for any re~~on t~il t,~ kesp ~M said premises so inaured, or tsil w de4ver promptty Rny ot said pdkies of in~ura~ws W s~id Mortg~~es, or tail pramptly to pay tuUy eny premivm therctor, or in any . reapeet fail to partatm, disc.barge. ezcute, eftect, complete, eomply ~ritA and abide by thu covenant, or anv part hereot, aaid Mortg~ges may plaoe and pay tor sach insunnce or ~ny part thereot w+ithoot w~iving or aNecting any optioa. lien. equity or right ue?der or by virtue of this mortgage. and tbe tuU amount ot e~ch and every auch payment shell be iaunedi~tely due and p~yabk and eluU bea~ interest trom t6e date thereof untu paM at the nte of ten per untum p~ ~naum end togethec witli snch iater~st ahall be secnrod by t6e lien ot thie mortg~g~e. 4. To permit, commit or eutter no wa~te, imp~irment or det~eriontion ot aaid property or ~ny part thereot. 5. To pay a11 and singular the coete, cherRea ~nd e:pen~e+, including reaeonsbk lawyer e teee and cost of abstncts of title, incurred or paid at• any time by raid Mortg~gee becawe and/or in the event ot tl~e ta~7u~e on the part of the ~aid Mortgagor to du1y. pron?ptly and fuUy psrform. diecharge. e:ecute. eNect. ooaq~kte. oomply with and abide by each and every the etipuletions, egreemente, eonditions and oovenants ot aid promissory aote, and thie mortgage, any or either, ~nd eaid coats, chergee and e:pen~es, each sad every, ehall ~e ima~ediataty due snd peyabk, whether or not there be notice, demand, attempt to coUect or suit pending: end the full amount of e~ch and every such paymeat sl~~U bear intereat from the dete thereof until pairf at the rate ot ten per untum per annum: and aU said coets, chuges and ~penses ~o incurred or p~id. together with ~uch interest, e}ull be secured by the lien of this mortg~ge. 6. That la? in tbe event of any breaeh ot this mortgage ot default ori tAe p~rt of the Mortgigor, or (bl in tl~e - event any of eaid sums ot awney herein rsferr~ed to be not promptly ~nd tully paid within t~e days nast att~ tbe s~ma severally become due and p~y~bls, witlaat demand or aotiee, or Ic) in che e~•ent each and every the stipul~tioas. agroements. conditioas and eovenants ot eaid promies~y not,e and thle mortg~ge. any or eather. ars not duly. promptly and tnlly performed. disc6arged. ezeeuted, effected, compkted. complied with ind abided by, thea, ia either or any aucA event, the aaid eggregate eum mentioned in said promiasory noce then remaining unpaid. with intere~t accrued, and all money~ secured hereby. ~hall become due sud p~y~bk torthwith. or tAerasftet, ~t the optioa of eaid Mortgagee. aa fuUy and compktely a~ if all ot the said sums ot nomey were originally stipuleted to be paid on sueh day. snything in e+eid promissory note. and or in thi~ mortg~ge to the contrary notwithetanding, and thereupon or there~ftsr st th~e option of said Mortgagee. without notice or damand, +uit at la~r 6r m equity, theratofore. or theresfter begun, may be prosecuted aa if all moneye xc~ued bereby had matured prior to ite instiwtan 7. 11yt in the event that at LAe beginning of or at any time pending any suit upon thie mortgage, or to foreclose it, or to reform it, andlor to enforce peynwnt oi any claims he~nder. said Nortgagee ahaU apply to the court . having jwisdiction thereof tor the eppointment ot a Receiver, euch court ehall forthwith eppoint a Reeeiver of said i mortg~ged property aU and singular. inctuding all and ain~lar the renta income protite, ieaues and revenuea trom ; whatever source derived, each and every of which, it being ezpreasly understond is hereby mortg~ged ae if ` specificaUy set forth and dexribed in the RrantinR and hebendum clau~es hpreof, and such Receiver a}ull have ~ ap the brosd and effective function~ and powrers in enywrix entru~ted by a court to s Receiver, snd such eppointment ~ ~hall be made by euch court es an admitted equity snd s matter of abaotute riR6t to said MortgeRee, and writhout ~ reference to the adequacy or inedequecy of the value of the propert> mortQaRed or to the solvency or insalvency of ~aid Mortgagor aad/or of the detendsnts. and that ~uch rents, profits, income, i~suee and revenuea shall be applied ~ by such Receiver scoording to the lein and'or equity ot said Matgagee and tl~e practice of such aourt. ~ 8. It is understood and agreed that this mortgage is givsn W secure, in addition to the note or ob}igatioa F above described any additioaal lo~ns or tuture advance~ made within twenty years from date h~reo[ by tM mortgagee ~ to s~id mortgagars or any eueceaeor in title of eaid mortgagoro of the property hereby conveyed: provided tl~t the wtd unp~id balance of the indebtednesa secured hereby ~t any one time shall not ezceed the mazimum principal emonnt of SIX THOUSAND~ TW~ HUNDRED AND SE~(ENTY TWO DOI~ARS (~6 272.00) D°u°r° Ii 1, plue interest thereon and any ~burxments made by t e mortgagee for t psyment o~ tues. leviee or insurance on the prop~ty encumbered hereby, with interest on such diaburxmenta. IN WITNESS WHEAEOF, the said Mortgagor hae e:ecuted thie roottqage under seal on the dsy and yeer herein fir~t ebo writtrn. S' and deliv in the pre~ence of: . ~ _ ;i . ~ ISEALI r~e omac _ ISEAL) r ~ ~ STATE OF FIARIDA ~ COUNTY OF 3T. LUCIE ~ } . ~ Before me pereon~lly ~ppeared Marie, Chomack of 492b N.W. 48 Avenue ~ Tamarac, Florida 33319 . , ~ to ~es ~ knvwp -~nd IQawn to me to be the indjvidu~l••- desrn'bed in and wbo e=ecuted the totegoing inatrua~en~ ~ ~c~q~o~w{sd~ed•j~6ore me t6tt ....bs.... e:ecuted the name for the purposes tb~rein e:pressed. S: . 't . . H~A!I'FNE$$._nyr band and otficial ee~l thie _~Q day of Mav 19 , O . ' ~ 'r'J, , ~ ~ ' c: otary Pnblic in a for `b s F 1312 ~ayt Zi che County ~nd State Atoresaid. ~ 5•~~ , ~ ~ ~ J~.U . My co~uaaission e:pieek ; , . . _ a , , _ . . _ _ . _ _ _ - - ' ~ ~