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HomeMy WebLinkAbout0042 t _ L . ~ ' c . 450298 t919 JUI. -6 ~M ~ 45 ~ - {~,ERK CIRCUIT C~ y~ VERlFtEO~' sb~l1 b~ve the aption to receive ~nd ~ppty the eame on ~aouat of t6s indebtedn~ss sseurod aereby or to perntit sdd Mortgagor W receive and uss it o~ any p~rt tAeroof for other purposes without tbe~sbY a~P~nB aay equity, lien or right under or by virtue of this mortg~ga ~nd in the event sajd •Matgagor shaU tor any eeawri tdl to kesp ~6s said premises so in~red. or tail w deliver peompciy wy ot ~aid policie~ of inau~nos to nid , Mortgaas~, or t~il promptly to psy fuUy any ~emium thsretor. a in any respett fdi to parform. dlsdurss. ~cute, eftect, complete, comply rvith ~nd ebide by thi+ eov~ant, or sny paet hereot, said Mortg~ee m~y plaoe and p~Y tor sach insurance or any part tbereoi witlw~t waiving or aftecting any option. Gen. equity ~ r~ght ander ar by virtue oi this mortgage. ~nd t6s tuU amount oi e~ch and every such payment shaU be immediately dus and payabls ~nd shaU bear intete~t from the date tliereo! until p~id at the nte ot ten per centum per annum and togetAer ~vith sucb int~eat ahalt be sscured by the li~ ot thie mortg~gs. To permit, commit or suffer no waste, impairment or det~eriocataA of eaid property or ~ny p~e~t thereof. S. To p~y all and singular the costa. charges and e:pensss, including reaeonsbk lawyer'e [ees ~nd oost of ebstnets of title, iacurred or p~id at• any time by eaid Mortgagee because andlor in the event of the taDure on tM part of the eaid Mortgagor to duty. promptly ~d fully perior~n. diecharge?. e:ecute. eHect. oompkts. aaap~ with and abide by e~ch ~nd every the stipul~t~ns. agreemeats. eondltions _~nd oovenants ot saed pmmissory note, snd this mo~tgage. any or either. ead said costs. chuges and ezpenses. each and every. ehall be immsdiat,ely due and paYabk. wheth~ or not there be notioe. decnand. attempt to collect or s~it pending, and the full amount ot e~cb und every sueh paymeat sha0 bear iute~est from the date tl~~eot uotil pai~i at the rate ot ten per oentum per annum: end all said oosts, charges and. e:pao~ss so incnrred or paid, togeth~ with such inte~est, ahall bs secured by t6e lie~ of this mortgags. 6. Tb~t (a) in the event ot any breacA ot this mortgags or dstault on tbe part of tbe Moctgig~x, or (bl in ths - evens any oi s~id s~ms oi money 6erein rstrred to be not P~~Y P~ withia tea dapa ns:t •tt~ ths same severdly beoome due and p~yabls, witlaut demand or notica or Ic) in tbe event each and every the stipulationa. a6*eemsnta. eondition~ and oovenanu .Qf ~aid promi~sory note and d~is mortgage. any or eithar. ~ not dnly. promptly and fnUy pertormed. discharged. e:ecated. eNected, campleted. coanplied witA and abided by. t6an. in eitl~ or any sncs eveat. the aaid aggregate sum mentioned in said pro~niasory note then remaining uap~id. with u?terest acaved. and all moneya securod hersby, ahaU become due and payabk tortbwith, or there~ttat, at t6e option of said Mortgagee, ~s fully u~d oompleLely u it aU of the said snms of nomey were originally sUpulated to bs paid oa such d~y. anytAing in wd promissory note. and or in thl~ mortg~ge w che contrary aotwithatanding: ~nd th~reupon or there~fter at the option of ~id MortgaRes. without aotice or damand. euit at law~ or ia equity. theretofote, or there~fter begua, may be pcoseeuted ae if all moneye eecured 6srsby had matured p~ior to its institntion. T6at in the event tlut ~t the beginning of or at any time pending ~ny ~uit upon tAis mortgage, or to foroclose it, o~ to reform it. and/or to en(orce p~yment ot any cWm~ bsreunder. said Mortg~ges shall aPP~Y havmg jarisdietion thereof for the appointm~t of • Receiver, sue6 eoort shal! forthwith appoiAt a Reoeiver ot said ~8~ P~t7 ~ll and singular. includiug aU snd singular the renta incame profits. issues and revenues from whatever sonrce derived, each and every of whicb, it being e~rts~ty underatood ie hereby mortg~ged as if apecificaUy set forth u?d described in the grsnting and htbendum clauses horeof, and euch Receiver ehall heve all the brwd and eHective functions and powers in anywix entru~ted by a court to s Rseeiver, snd such appointment j shall be made by euch court ae an sdmitted equity end a matter oi eMolute right to naid Mortgagee, and ~vithout ~ reference to the adequacy or inadequscy ot the value of the property mortgaged or to the wlvency or ineolvency ~ of aaid 1ldortgagor ~nd/or of the defendants. ~nd that euch rents, profit~, income, iasues and revenues sh~D be applied by euch Receiver according to the kin andtor equity of said Mortgagee and the pr~ctice of sueh court. 8. It is understood and agreed ihat tAii mortgage is givsn W sseure. in ~itioa to the note ot obtigatioa above descn'bed ~ny ~dditional loane or tutius ~dvanoes mads within tweoty yesrs [rom date hereot by the m~tgag~ee ~ to sdd mortsaaors or any wcoessor ia titie ot wid mortgag~ors of the propeety 6veby conveyed: provided tlut the total unp~id 6alance of the indebtedness eecured hereby ~L any one time ehall not e:ceed tAe ms:imum prir~cipal amoanc ot FOUR THOUSAND FOUR HUNDRED ONE (4,401.00) nou.rs li 1, plus interest thereon and any disbursrments made by the mortgagee for tM p~yment of tuee, leviss or ineuranoe on the property eneumbered hereby, with intereet on euc6 disbursemente. ~ ~ IN WITNE3S WHEREOF, the said Mortgagor hae esecuted thie mortgage under sea! on the day and year herein ~ firat above written. ~ Signd, iealed and de 'vered in the preeence of: , ~ c~ ~ x - s ~11 0o i n tSEAL? ~ , . ~ ISEALI ~ sr ~ oF Fi.oainw Ceci 1 e Cooni n ~ covrrrx oF ~S~Hf~F r ~ p~ ~ A1 bert Cooni n and Ceci 1 e Coon i n, hi s wi fe of 7381 SW 115th ~ eetore me per~oo.vr .Ppe.rea ~ St., Miami, FL. 33156 ~ ~ _ ~ .-`.tie ms'w~" t~u~wa Rnd irno~wn to ~s ~ bs tbs individuaLS described in and wtw ~ecuted ths fongoing iastrument, ~ . rmd ~koo4r-~id~d b~ore ms th~t ....h~.... s:ecuted t6s same for the purposes t6erein e~rs~ssd. • --:r ,WI'1'I~l$$!~' my hand and offici~l se~l thie day of 19 ; ' . , - . ~ • , Y ,I ~ , ack~ 312 PaCf ~ ~ ~b~ ~ ~ 42 ; tbe County and 3tate Atoresaid. ~ U . 8 ItQR1011 AT 1~ . My OOAAMISSlOH D~t~B fD 1 l~t9 , ~~F~ lf~ll QfERl1l INS lA.~'r ~'n o-=i'~ _ . - - - - - w. _.~«.t ~ . . . _ ~ . .