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Home My WebLink About0047 \ I 45Q300 19T9 JU. •6 I~ ~ ~6 ~ - ~ RECORO YEP~F~fO~~ tl~ap have the option to receive and apply the eame on aecouat of tbe iadebtedns~s secured hereby or to pectn~t said Matgagor W retdve aad use it or ~ny part thereot tor otl~ purposs~ without tMrsby waiving or Impairing any equity. tiea or right uader or by virtue ot thie rtwrtgage: ~ad in the event eaid Mortg~gor e1u11 for aay ra~wn fail to keep I.bs eaid premise~ so inaared. or tail to deliver promptly any of aaid polieie~ ot ~nsurano~ W~aid Mortsaae~, or fdl Proa?Pt1Y ~o WY ~Y ~~Y P~'~~um therefor. or in any respeet fail to pst[orm. discAtrge. ~cute, ettect, totnplete. rnmp~Y ~rith and sbide by thia covanant, or sny~ part hereot, said Matgagee mny plaoe and p~y for aucA in~unnce or any part thereof without w~iving o~ ~tiec~inq any option, liee, equity or right under or by virtna ot tlus mortgage. and t6e [uU amount of each md every such payment ehali be fmmediately tiue ~ad p~Y~bb u~d slup b~ar intece~t troin the data~ Rbereoi until p~id ~t the rate oi ten per centum per annum aad t~ogst6ee with eneh intereit shall be secured by the lien of thie mort~~e. 4. To permit, eo~amit or euftet ao waste, impairment or deterioretion ot aaid property or any p~rt t6ereo/. 5. To p~y aU ~nd singulu the coets, charRee end espensee, including nasonabk lawyer'e fees ~nd oost of ~bstracts of title, iaeurred or p~id at- any time by said Mortgagee becywe andlor in the eveat of the faih~n on the p~tt oE the s~id Mortgag~or co aWy. prompcy .ad ~ tunr ~to~, discharge. e:ecute. efteet. complete, compty with and ~bide by e~ch ~nd every the stipuLtione, agreements. eonditions and rnven~nts of said promi~aory aote, and t6ie m~tgags. any or eit6rr. and s~id costs. charges aad e:penses, cech and rvery. sh[ll be immediaLely due and p~yobk, whethet or not there be notKe• dems~d• ettempt W collect or ~uit pendinq: and the tull anwunt ot e~eh and every such payment shall bear iatereet from the date thereof unta'1 paid at the nte ot ten per ceatum per anaum: and aU said costs. charges aad e:pe~ses so incurred o* Wid• to6etl+os with euch interest, ahaU be secured by the lien of this mortg~ge- 6. 'lLat (a) in ths eveat ot any bre~ch oE thia martgags or dehult oa tM part ot ths Mort~agor, or fb1 in the • eveat any of said anms of money bsceia rof~red to be not promptly and tully pdd ~rithia ta~ days na:t ~tter the same severslly beooms due aad p~yabk, wit6out dem~ad ot notice, or Ic1 in the event eacb and evary the ~fipulations. agreementa. oonditions and coveoants ot said promiesory note and t6is mortgy~e. any or eithec. ~re not dnly. PromP~l}' and fulty p~tormed. diacharged. ezecuted. effected. oompkt~ed, oomptied with and ~bided by. then. in eit!?er > or any auch event. the said aggregate sum mentioned in said promiesory note then rem~ining unpaid with int~aat aecruued, and all moneya secured hereby, ehall become dua and payabk forchwith, or there~fter, st t6e option ot said Mortgag~ee, as tully and completely as if all of the eaid sums of nome~ were originally stipulated to be paid on such day. anything iw said promiasory not.e, and or in tlua matgage to ~he contrary aotwithstanding: wd thenupon or thete~fter et the option of eaid Mortgagee, without notice or damand, auit at law a ia equity, t6eretotore, or thereaher .begun. may be prosecuted ~s if ~11 moneye.secured hereby had matured prior to its instiwtion. 7. T6at in the event that at the beginning ot or at aoy time p~nding any auit upon this mortg~ge. or to foreclos~ • it, or 'to roform it. andlor to enforee p~yment of any claims hereunder. said Mortgagse shall ePP~Y 6aving jurisdictioo thereof tor t6e ~ppointment ot ~ Receiv~, such oourt eAell torthwith appoiat a Iteosiver ot said rnortg~ged prop~ty all and aingulu, includinB all ~nd aingul~r the rente income pro~iis, isaues nnd revenws trom whatever eource dsrived, each and every of ~vsich, it being ezpressly understood ia hereby mortg~ged as if epeeifically set tort6 and described in ihe granting and h~bendum cleuxa hPreof, aed such Receiv~ shall heve ~ ell the brwd and eNective fuact'ans and powers in anywise entru~ted by a court to a Receiver, snd such ~ppointment ~ ehaU be made by such court se sn sd.-nitt.~d equity and a matter ot ab.+olute rigLt to aaid Mortgagee, and writhout f reference to the ~dequacy or inadequxy of the valuP ot the property mortgaRed or to the eolvency or inedvency ot e~id Mortgagor andlor of the defendants, and that auch reats, profita, income, issuee wd revenuee shall be appiied ~ by such Receiv~ acoording to the lein snd/or equity of said Mortgagee and t6e practice of such oa~rt. ~ 8. (t is understood and agreed th~t this mortgage . ia givsn w sscure. in addition to the note ar obtigation above described ~ny additional lo~ni or future advances m~de within tw~ty ye~rs (rom date hereof by the mortgagee to said moctgagon or my euccessor ia t~tb of said mortgagors of tQe pmperty hersby conveyed: provided tAat the ~ total unpaid balance ot the indebtedaesa eeeured hereby at any one time shall not e:ceed the ma:imum principal ~ma~nc ot SF~~IEN ~THOdUSAN~ FIVE I~UND(~R F~RTY TWO ~7 542~ 00) D°~" ~ 1= 1, p!ae interest an any ebursemen e ma e y t mortgagee for the pe nt a t~ee, levies or insaranoe on the p~ty eaeumbered hereby, with int,erest on eueb di~bureemente. IN WITNE3S WHEREOF. the aaid Mortgagor hee e:ecuted thia mortgage under eea! on the day end yesr herein first ~bove written. Signed and deliv~ed in ot: ~y ~ ~ I ~ /'c~f. ` % ,;t~~ ~ ~ ISEALI l bert Assad-,,~ ~ y y / i i i ' ISEAL? ' Marj~rie H. Assad ~ SCATE OF FLORIDA COUN1'Y OF 3T. LUCIE ~ ~ Albert J. Assad and Mar'orie H. Assad, his wife of 1461 ~ Betore me personally appeared ~ ~ ~ _ Bi1lin~tAn Rd.j East Aurora, New York 14052 to ms weU known snd Imown to me to be the individuaL.Sdescribed fn and wbo e=ecnted the t • , . . ~ and scknowbdged bstore ms that ~s..yezecuted the wme tor t6s p~poses thersin e .~C;4?.~' ? ' ~ R ~ WITtvESS my tund ~nd otf3c3a1 se~1 this 25th d~y ot NOV '~r _ ~ ~ SoDr 312 ~~cF 47 " ' ` ~ = ~ Notary Pubiic~Ja ' : ~ ~ - ths Couat ~ad ~ ~ ~ S ~ ! ~ .4~, ~ 8 i ~c~l ~ ~1~~- {ii`~ My mmis~ion aspiewc~ ~~t~~ . . ~ t _'j~~ ~~z~ . . _ ~~s~~ L s-1.~"+.~ '-t.is~~ ~ . . . .r'..: . . . . _ . _ .A .