HomeMy WebLinkAbout0073 . 450~~.1
1919 .NI. -6 AN g 56
~~~~~cP RI?sl
C~ERK CtA a~J~ (I ~
RfCORO Y~F~flE~ _~C
aAall luve tM option to receivs and apply the ~ame oa aecount ot tM indebtedasss sscurod h~eby or W permit
saW Matgagor to receive aad use it or ~ny pert thsreof t~ other purpo~es without t!?ereby waiving ar iaap~iring .
~ny equity, liea or right under ot by virtue ot thie mortg~g~e: ~nd in the event s~id 1?tatgagor shall tor ~y? re~wn
fdl W kesp Lhs said promisee so inaured. or tsil to deliver promPtly any oE s~id policie~ of innuancs to ~d
Matgages. or fall pcomptly to pey tuUy ~ny premium thsretor. or ia any rerpset f~il to pee~tarm, discharge. .
~cute, effect. tompbte, comply ~rith end abide by thi~ rnven~nt, or env pert hereot, aaid Moetgsgee may pl~os and
p~y for such inaurance or any part thereof w+ithout waiviag or aHectinq any option, lien, equity or rigAt under ar by
virtue of thia mortg~gs. and tbe tull ursoont ot each aad every such payment shaU be immed'utaly due ~nd p~y~bb
and sl~all bear interest from tbe date thereot unt~ paid ~t tAe r~te ot teo per ceatum per ~nnum and ~ Wgether with
auch int~est shaU be secured by the lien ot this mortgage.
4. To pe~mit. eommit or auiter no waste, impairment or deteriontiow ot uid ptoperty or ~ny part thereot.
5. To pay aU and aingular the coste, eharges and e:pensas, including reaaonabk lawyar'e tees and ooet ot
ebstncts of titk, incnrred or paid at• any time by said Mort~agee because andlor in the event ot the tailure on tM
part of the said Mortgagor w dulY• Pro~P~fY wd fully periorm. diecharge. e:~cute. eNect. oompkts. oomply with
and ~bide by each and every the stipulations, agreements, conditione and covenanta of said promt~sory note, and
ttis mortgaEte. any or either, and said cwts, charges and e:penses. e~ch end every, shall be iaimediately due snd
paY~bk. whether or not there be notice. demand. ~ttempt to collect or suit peading, and the full amount oi each
and every such p~yment ahdl bear interaet hom the d~te thereof until paid at ihe ~ate oi ten per oentum per
annum: ~nd all said costs, ehargea ~nd espenses ~o incurred or paid, together with such interest, shaU be secared by
the li~ o! this mortgage.
6. 'Ilut la! in the event of aaq bre~ch of this matgags oT defauh on the pact ot the Mort~ig~or, or Ib1 tn the
• ev~t any ot said aums of money 6e~ein refe~r«i ta bs not promptlY ~~Y P~ withia tea d~ya c~t aft~ the
sams severaDy beeoms due and payab{e, witbout de~nand or notice. or lc1 in the event each and every the stipulations.
agresmeats. ooaditions aad ooveaants ot s~id promissory nots and this nwrtg~ge. any or ~tber. ars not duly.
PromP~~Y and tuUy performed. discharged. ~ecuted. eHccted. oompleted, oompiied with and sb~ed by. tAen. in ejtba
or any such event, the said aggregate wm mentioned in eaid promissory note thea reauining unp~id, with int~eet
acerued, and all monsys secured hereby, shall become due and payable tortb~rith, ur theresiter, at the option of s~id
Mortgagee. as fully and eomp{etely u if all of the said swns of nomey were originaUy stipulated to be paid on
~uch day. anything fn said promissory note. and or in t6is mortgage to the coatrary aotwithet~uding and
therrupon or the~fter at the ogtion ot ~aid Mortg~ges, without notice or damand, euit ~t law or in equity.
~ tharetotore. or t6ere~her beg~n, may be pensscuted as if all money~ secured l~ereby had matured prior to ita ~
instiwtion.
7. That in the eveat tA~t at t6e beginnivg of or •t any tims pending any wit upon thie mortgagb, or co forecbse
it, or W reiorm it, and/or to enforoe paymeet oi any claim~ hereunder, eaid Mortgages ehall apply to the oonrt
luving jurisdiction thereof for the appointmeet ot a Receiver, ruc6 court ehall forth~rith appoiat a Receiver ot aaid
mortg~ged property aD and aingulu, including all and einguitr the rente inrnme profits, iaaues and reventue from
I what~ever sa~ree derived, e~ch and every of whicl?, it being e:presaly under~cood ie hereby mortgaged ~e if
~ specificaUy set forth and described in t6e granting and habendum clsuses hPreot, and such Receiver ahall have
all the brosd snd effective tunctione and po.vera in anywri~e entruated by • court to a Receiver, and such ~ppointment
E shall be aude by such coutt ae sa admitted equity and a matier ot ebaolute rigl.t to said Mortgagee. and without
` reterence W the adeqwty or inadequacy of the va)ue ot the prope+rty mortqaKed or to the eolvency or ineolvency
~ of said Mortgagor andlor of the defendants. and thet such rents, pro6t~, inoome, iesues and revenuee ehall be applied
~ by euch Reeeiv~ uoording to the lein ead,'or equity of ~aid Mortg~gee and the pnctice of such aourt_
~
~ 8_ It is und~stood and agreed t~+at tsis mortgage is given to eecure, ia ~dditioa to the note ar obtigation
above described aay ~dditboal loans or future advancea made w[thin twenty ye~rs from date hereot by the mottgagee
to said mortgasors or any suoceasor in titls ot said mortgagoro of tbe property hereby conveyed: pmvided tl~t the
total unp~id bslance of the indebtedness secured hereb at an one uns shall e:ceed the mazimum principal
ainount ot SIX THOUSAND TWO HI~IDRED E~GHTY ~TWO ~~6282.00~-----------------Dou~re .
1, plus intereet thereon ~nd any dieMusemente mede by the rnortgagee for the p~yment of ta:es, kvies or insurance
on the prope~ty encumbered l~ereby, with intenat on such disbursemeets. .
IN W[TNESS WHEREOF, the said Mortgagor hae e:ecuted thie mortgage under seal on the day and year herein
fvat above written.
~ .~s~led ~nd deGvered in t6e pre+~ence of:
~ .
~ ISEAL?
~ ` . +
~ ~~i.l_ ~(i_t4s~ ISEAL)
d '
~ STATE OF FLORIDA
~ COUNTY OF ST. LUCIE ~
~ Robert J. Lowe, Sr. and Patricia R. Lowe, his wife of
~ BetoK me pe~sop.vy .Pp~roa -
.
~ 1732 Creek Crossing Rd., Vienna, Va. 22180
~ S - _-.ti
to ms wsU known and Imown to ms to be ihe individuaL.. described 'm ~nd wM uecvted tM'.taee~o~ ~ '
~ad uktwwledged betore me that ..xhs..~l e:ecvted ths same far the p~uposs~ tharoin e:preprd. "
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WI'TNE83 my hand and otfkid seal thi~ 2ath day of November r.; ,18. ;
- ,
Y4r .
4 z~.y • `-!~h
0~~12 ~N .r,. z
~ 90,,K ~AGE ~ r the Connty aad ~~t4.•
~R~ia• '
~ Carole J. Ski~es
~ My oommission ezpirer.
- March 8, 1982
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