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Home My WebLink About0031 , 19i8 JUI. '6 I~N ~ 45 . ~ ~~~'~~~~~1? ~tRdllT REC~RO YEAIFtf 0---- ~hap haw tAe option w receive and apply the sam~ on acoount ot tbe in~btedns~s secured he~~sby or to permit said 11to~tgagor W r~ivs ~nd ws it or any part tbereoi tar otl~er purpo~ wlthout th~rsby waivin~ or impairins ~ay ~quity. li4n cr ri~ht uader or by virtue oi thL+ mortsa~s: and jn ths event ~d Mortgagor sluU tar any »awa t~il to kNp the ~aid premiss~ so insured. or tail w detiver promptly aar oi ~ajd pol~cie~ ot in~nranos to wid Mataags~. or tail promptly to p~y tuUy any premium theretor, or ia any respsct lail w Pectorm. di~ebar~. ~cute, eHect, rnmplete. comply aith and ~bide by thia coveiuat, or eny p~rt heceof, said Mortgtigee m~y pl~os aed p~Y tor such insunnee or ~ny p~rt thereot without waiviog o~ aHaetinq any option. lisn. equity or right under or by virtue ot thL awrtg~s. and t6e fult amoant ot eael~ ~nd every such p~yment shall be iauaediately dw ~nd payabb and s1~aU be~r intere~t trom the d~te thereof until paid ~t the rate ot ten per centum per annum and to~sther with sue~ incerese shaU be seeured by che lien ot c~is morcgags. 4. To pennit, commit or suHer no. watte, impairn?ent or det~iontion oi said property ot any part tl~ereof. 5. To pay all and singulu the cost~, clurgss and espeaess, inch~ding reason~bk lawyer's fees and cost ot ~bstraeq of title, incurred or p~id ~t• any time by eaid Morcgagee becauee endlor in ths event of the fu7ure oa tAe put ot the eaid Mortg~gor to duly, pe+omptly and tullp p~r[orm. dtscbargs. e:ecute. eftect, eomplst~. oomp~Y with and abide by each and every the ~tipulations, ag~+esinants, conditiotu and coveoante of said proeoiwory ~te, and tl~is morR~age. any or either. and s~id costs. charges and espense~. e~ch and every. alWl be immsdiataly due ~nd p~Yabk. whetl~er or not there be notioe. de~oand. att~smpt W cotkct or snit peading; and the tall amount ot e~ch aad every sueh p~ymeat shall bear iaterest from tl~e date theroot unta'I paki at the nte o[ ten per cxntum per annum; and ~ll s~id eost~. chargee and e:penee~ so inc~rred or paid, togetl~er witA auch inters~t. shall be secured by the lian of thii mortg~g~. 6. 11ut ta1 in tbe svsnt ot any bre~eh ot this awrtgaas or d~f~ult on tbe part of tl~e Mortgigor. or Ibl in tbs - evwt any of said sams of mooey bere~ rotKrod to be not Pro~Y P~ within ten day~ nsst ~ftr tM sams ssvKally beoo~ das aad p~yabM. witbont dsmand or iwtica or Ic) in ths event bch and every ths ~tipu{~tions. .~c.. oonatcbn. .nd coveo.na oi e.ia promi,swy note .ua chi. a,ortg.ge. any or dct~. .r. noc anty. Pro~PUY ~~Y P~ormed. discharged, eiecuted. eflected. oompleted. complied with and ~bided by. tMn. in dt6e: or any sucA event, the said aggregate ~um mes~tioned in said promis~aty eote then remaiaing unpaid, wltb intereaL aeerued. and aU moneys secured hereby. ~hall beeome dus and payabk forchwith. or there~iter. at tbe option d said Mo~tgages, as fully and oompMtety ~s if aU of the said Nms of nomey were originally etipalatefl w bs paid on such day. anything in said promiswry note. and or in thi~ mortgage to the contnry aotwitlut~nding, and thee~~pon or there~fter d the optjon of e~id Mortgagee. withont notice or damand, duit ~t taw or in equity. tberetofore, or there~fter beg~n. may be pro~scuted as if dl enoneye ~scured hereby lud matured prior to its initiWtion. ~ ' 7. Thtt in ths event tbat at tl~e beginning ot or at any time pe~ding ~ny +uit upon this mottgage, ot to farscbae it, or W eeform it, and/or co eaforoe p~yment ot any c4ims hereunder, e~id Mortgagss shall ~pply to ths court 6~ving j~uisdietbo t6ereof for the appointment ot ~ Receiver, nuA eo~rt shal! forthwith ~ppoint a Receiwt of wid ~6~8~ P*'~P~Y all and singular. including aU and eingular the rents income p:oCta. issues and revsaues irom ~I whacever sonres derived, e~e6 and every ot which, it bsing e:presdy underetood ie hereby ~aortg~ged ~s if i specifically setctorth and descn'bed in the qnnting and 6aDeadum clauees hereoi, and euch Receiver ehall have ~ ~11 the broad and eHective functions and po.vero in snywise entrueted by a court to a Receiver, ind euch appc~intmer?t shall be mada by sneh court u_an admitted equity and a matter ot absolote right to ~aid Mortgagee, and witbout ~ reference to the edequacy or inadequacy of the value ot t6e property mortgeRed or to the eolveacy or insoivrncy ot said Mortgagor and/or of the defeodants. and that eueh rents. {~ofits, incoaoe, issues and reveouee shdl be apptied ~ by such Receiv~ ~ceording to t6e lein andlor equity of said Mortgagee and the practice of such oo~rt. ~ 8. It is understoqd u~d agreed tbat this c~ortgags is givsn to sseurs. in addition to the note ar obligatan ~ abovs de~cribed any additional Iwna ot tuture advaaw~ mads witNa tweaty yean irom date 6~eof by tM mo~taages to s~id mo~rtsaaors or any woos~sor in tiUs ot satd mortgagon ot the property hxeby convayed: pmvidsd tdt the Wtal uap~id balance of the indebtednees eecured 6eroby ~i aoy one time ehall not esaed the ma~mum principal amo~ncat SEYEN TFIOUSAND II~N~mHUNDRED TWENTY (~7920.00)------------------ li 1. plus interest tbareon and any dis eets made by the moKgagee for the p~yment of tuee, levies or insnnnce on the P*opartY encumbered hereby. with intarest on sueh disbursemsnts. IN WITNESS WHEREOF, the said Mortgagor A~e e:ecuted t6is mortgege under eed on the day snd year herein Cvat above written. Signsd nd v ia j/ / - ISEAL? ~ ~ ~ 13EAL1 s ~ STATE OF FLORIDA ~ ~ ~ OOUNTY OF 9T. LUCIE ~ Paul A. Converse of 6 Diana Drive, Canton, Mass. 02021 _ 5 Betore me pereonaUy appeared ~ . ~ , iti l:.'(~ `4. ~ .a.,.:;,,,..~' ~ S yJ, to ms w~sa lmown and known W m~ to be tbs indlviduaL.. de~ibed in ~nd wbo e:ewtd • tb~ ~i+oe~oYii ~t.„ ~nd acka~owMdged Mfore ms tl~t ....hs.... e:eeuced t6e wme tar t6e p~upo~es tharda e:pr~i~ ~ ~ :.G.. ' iu : ~f~ ; ~ wrc~vESS my b.na .oa orr~w ~ cn~ 12th d,y of A r1 ~ ~q 1Votary - ~ g~Rr ~1~? PAGE ~ ~~a~ro~ e j ~s ~ ~ ~es . a~~ ~ a~ . , . ~ March 8, 1982 ~ ; .r. . ~ fv . M . - - - - - ~