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Home My WebLink About0062 + ~ _ ~ 450306 1919 ,~A. -6 UM ~ 46 . A~ ~k ~T A UIT C p, IRC Q} ~(~~YERIFif~ eal~' shall iuvs tbe opebn to receive and ~pply the same on ~ecouat oi the indebcedne~s sscured l~srebr or to permit s~d Mortgagor to receive and t~se it or aay part theceof Eor other purpoees without tMroby waivlug or impairing aay equity, lien or rig6t under or by virtue of this mortqags; and in the event said Mortg~gor ah~ll tor ~ay reasoa hil W keep 1.6s said premise's eo insured. or t~l to deliver {~omptly aay of s~id poli~es of ieuurana to Nid Mortg~ges, or fail P*o~P~Y ~ PsY ~uY anY P'e~um tketetor. or in any re~pect tail to pertam. dIeetyrgs. ~cute, etfect, compkta comply aith and abide by this covenant, or sny psrt hereof, sald Mort~ges m~y plaos and pay for s~ch insuranee or ~ny part tbereof without waiving or affecting any option, lisn, equity or ~ight under ar by virtue ot ttis mortg~gs. and ths fuU amount of each and eve 'ry euch p~ymen~ shall be ima~ediately due and p~yable ~ and shall bear iaterest from t6e date theoeot uatil paid at t6e nee of teu pe~ centum per annum snd togsthee with ~tech intere~t shaU be sscured by the lien of this mortga~e- 1. To pennit~ eommit or sutter no wa.+ta, impairment or deteriorata4 ot ssid property or ~ny part tl~ereof. S. To pay all and sinqul~r the coets, charges and e:penses, inctoding reasonabk lawyar'e tess and ooet ot abstracts of title, incnrred or paid at•any time by eaid Mortgagee becauee endlor in tbe event of the failare on the part ot the eaid Mortgagor to dulY. promptty ~nd lulty per(or~n. discharge. ezecute. eHect. oomplete, canply wit6 and abide by each a~ every the stipul~tions, agresmeats. conditaas and rnveosnts ot said promiseory ~wte, and this mortgage. any or either. and eaid coste. chargas and e=pen~es. each and every. ehall bs immediately due and paYabk. whether or not thero be notice. demand. attempt to collsct or suit pending: and t6e tull amount of each ~nd every aueh parment ahall be~r interest from the date thueof unW psid st the nte of tan per oentum per annum: and all said costs. chargss and espeaees so incorred or p~id. together with sueh intereet. ehall be seeured by the liea ot this morig~gs. 6. That (N in the e~?eat of. any breach of thie mortgags or default oa the pact ot the Mortg~gor, or (b1 in ths • ev~t any ot said snms oE money hereia referred to bs not Pron?PdY ~~Y P~ withiu ten daqs as:t after t6e sams saverally beeome dne and p~yabls. wit6out dsmand or ~atice, or Ic! in the eveat each and every the stipulations. agre~neats. conditions and covsnaats ot s~id promiasory note and tl~is matgage. any or either. ~re. not duty. proreptly and f~lly performed. disc6uged. e:ecuted. eHected. compkted, oomplied with and sbided by. than. in dtlur or any ~ch event, the asid aggre(sate sum`'mentioned in said pro~nis~ory note then remaining unpaid, with int~er~st accnied. ~nd all monays eecund hereby, ehall become due end payable tortbwith, or there~fter. ~t the option of eaid Mortg~gee, as tuUy and oompletely aa if all of the said sums ot nomey werr originaUy atip~lated to be paid on auch day, anything in said promiseory note. ~nd or ia tlus mortgage to the contrary ootwithstanding and ther~eupon or thereafter at the option ot eaid Mortg~ges. without notice or darnand. euit at law or in equity. theretofore. or there~fter beg~a, may be p~osscuted aa if ~ll mo~ya sscnred hereby had maWred prior w its inetitution. 7: 1lut in the event that at t!?e beginning of or at any time pending any ~uit upon tAis mortgage, or to torecbee it. or to retorm it. and/or w enforce p~ymeut of any cWms heeennder. aaid Mortgagee ehall apply to the coart having jurisdiction thereof tor the appointinent oi a Receiver, such court shaU forthwith ~ppoini a Reosiver of said mortgaged property all and singular, including all ~nd aingulsr the reate income profita, issuea and revenues from wl~atever source derived, each end every of which, it bewg ezpressly underecood ie hereby mortgaged aa if j specifically eet torth and described in the Rranting and h~bendum clauses h.Preof, and ~uch Receiver shall have ; all the brosd tnd eNective functiona and po.vers in anywix entn~sted by a co~ut co a Receivar, snd such appointment ~ shall be made by such eourt ae sn admitted equity snd a matter of sb~oiutc :iRht to said Mortgsgee, and .vithout reference to the edequacy or inadeqwcv ot the value of the p?operty mortgaged or to the eolvency or insolvency E of said Mortgagor andlor of the defendants, and that auch rent~, profita, income, i~sues and n+venuee shall be applied ~ by eacb Receiv~ aeoording to the lein andlor equity of said Mortgagee and the practice of sucA ooart. ~ 8. lt is unde~tood and a~reed tdat ttis mortgage is giveu to es~vrs, in additioa w t6e note or obtigation ~ above descn'bsd ~ny addiciona! lo~ns or inturo advaacee mads within twenty years trom date hereot by tbe mort~gee to s~id morigaao:s or any wooessor in title of sald mortgaaors ot t6e property 6ereby conveyed: provided tl~t tl~e total unpaid balance of the indebtednea~ secured hereby ai any one time ehall not e:ceed the maumum priacipel ~mounc ot SIX THOUSAND THREE HUNDRED (6,300.00) Doi~ars 1i ptus intereet thereon and any disburseme~ts made by the mortgagee for the p~yment ot tuee, levies or insurance ~ the property eneumbered lsereby, witf~ interest on such disbursements. IN WITNESS WHEREOF, the said Mortgagor hee e:ecuted thie moKgege under eeal on the day and year herein fir~t above written. Signed ~e~led aad deGv-ered in the presence ot: ~ ~ , , L~ ' ISEALI ~ a rm ~ , i tSEALI ~ Patricia E. Grimb y ~ STATE OF FLORIDA ~ COUNTY OF 3T. LUCIE ~ ~ Samuel C. Grimbly and Patricia E. Grimbly, his wife of _ Before me personally ~ppesred ~ 1422 Brook Dr., Titusville, FL. 32780 ~ to ms well kmwn and lmown to ms to be the individuaLS described fa and wbo uecnted t6e toregoing instruman~ ~ and ae.lmowbdged before me t6at .~6s.~! ~eented t6e same far ths purposes therein ezpressed. ",y iotn r~ ~~~,a ~~r: wrrrrESS my hana .~ra ofRcia! .e.~ chi. a,y ar - ' ,Q-C -~t f ` ~ ~ ~r:. ` ~-l~`'':~ ~ No:~ry Poblic in ~ ~ ~ ~ - UQRK t,3~2 PACE the County and ~;,~/qre~aid.,~f ti i G:.: n ~"y;,'` ^ > _ - _ ~ My oo ~ , ~,t~ ~ • r ~ i' ~`s4; c"? _ ~ y~ t .,rE^;'!`~~~~.~ . . . , ~