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HomeMy WebLinkAbout0093 ~ ~ • 450:319 ~918 JUI. -6 ~M 9~ 57 . RE `0 A5A. CIRpMT ~ aEC~o veR~Fi~o_ . siull luve tM optba W receive and apply lha same on aeoount ot t6e iud~btedns~s Meured h~y or to psndt sajd b[ortga~go~ to eecsivs and ws it or any part thneot tor otl~ {xuposs~ without tAerebY ~~t a~P~B .nr ~u~cr. 1i~u or right unde~ or by virtue oi thia a?ortg~ge: and tn the event said Mcwtgagor sball tor any reawn tdl W ke~p t~Ae s~id premises so insared. or tail w delivar promptly ~ny of aaid pol~cie~ ot in~uranos to aid Mort~ee~, or iail promptly w~-~y tully ~ny premium tberefor. or in any rsapeet fail to peetocm. disd~r8s. ~cote, effect. compkte, comply w~li end ~bide by thu eovenant. or eny part hereof. aald Mortg~ges m~y pt~ae and p~y for such insunnce ot any p~rt thereof ~rithout waiving or ~ffecting any option, lien. equity or right undsr or by virtue oi this mortgags. and t6e fuU amount of each and evsry eucb paymeat sluU be immediatety due and payabb ~nd dull bear intered from the date tAe~eof unW paid ~t the nte oi ten pet centum per anaum snd togecher with wch interest ahall be eeeured by the liea of tlde mortg+gs. 4. To permit, commit or sufter no waste, impairment or deteriontion of ~aid property or any part thereof. 5. To pay aU a~ singulu the coecs. cAarges and e:peneee. inch~ding reaeon~bk lawyer's fees ~nd oast ot sbstracts ot titk, iacnrred or p~id at• u~y time by eaid Mortgagee because sndlor in tl~e event of t6e ta7ure oa the part of the eaid Mortgagor to duly. pe'omptly and tuUy psrfonn. dieehargs. ~ecute. eHeet. oompkte, oompty wit6 and abide ~ by e~ch ~nd every the stipaletioss, agresments, oonditions ~nd covenant~ of said promissory note. and thie rnortgage, ~ny or either, and said costs. chugss and e:penses, each and every, shall be immsd'utety due and paYabk. whether or not tbere be ~otioe. demand. attempt to coUect a auit pending: and ths tull amount of e~ch and every such paymeat shaU be~r interest from the date thereot unt7 pair! at the rate ot ten per oentum p~ ~nanm: and aU said eosts. chargee ~nd ~p~oses so incurred or paid, together witA sueh interest. shaU be secured by the lien of this mortgags. • 6. That Ia1 in the event ot any bra~ch oi this mortgags or default ao tLe part ot tAe Mat~ago~, a~ (bl ia t6e • evest ~ny ot said suma ot money herein reterred W be not AromP~Y ~~Y P~ within tau dtps as:t ~ft~ ths same severdly becoms due and payabls, witMut demaad or notics. or !e) in ths event each aad swry_ths stipulatioos. agrset~?ta. conditio~s aad rnvssants of said pmmissory aote and t!~ mortgage. any or sithar. an not duly. Prompt~Y Md fully p~formed. disc6ugsd. e=eeuted. eHected. oompleted. rnmplied with and abided by. thm, in eit6er or any such event. the said aggregate sum mentioned in said promissory note then remaining unpaid. with iaterest aecrued. and dl monsya eecured hereby. shaU become due and payabk f~tbwrith. or there~ftar. at tAe optioa of said Mortgagee. aa fully and oompletefY u ii aD of tbs said sums of nomey were originally stipulated to bs p~id oa such day. snythiag in s~ promissory note. and ~ in this morig~ge to the contrary notwithstanding. ~nd thenupon or there~her at the option of eaid Mortgagee, withoat notice or damand. suit ~t law a in equity, theretofore. or there~fter begun. may be prosecuted ~e if all moneys secured hereby h~d ~natured prior to ita iastitution. 7. 11ut in tAe event t6at at the beginning oi or at aoy tia~e pending any suit upon this mortg~ge. or to foeecbse it, or to nform it, and/or to enforce p~yment ot any claime herennder, said Mortgages ahal) apply W the co~rt hiving jurisdictan tbereof for the appointment ot a Receiver. sueA coud shall torthwith appoint a Reoeiver of said mortgaged property aD and singular. inchiding all and aingular tbe ronte income profits, issuea aad revenws irom - whatever sonru derived, each aad every of which, it being e:presaly understood ie hereby ~nortgaged ~s it apeeifically set forth and described in the Rranting end hsbendum elsuees hPreof, snd auch Receiver s}ia11 have ' all the broad and effective funetione and powrrs in anywrise entru~ted by a court to a Receiver, and such appointment ~ ~hall be made by such court as an admitted equity snd s matter of ebsolute right to said Mortgsgee, and without ~ reference w tRe edequacy or inadeqwcy ot the value of the proprrty mortgaRed or w the eolvency or insolvency I of said Mortgagor andlor of the defendants. and thst such rente, profits, inoome, iesue~ a~d cevenues shall be applied ~ by such Reeeiver ~ecording to the kin and~or equity ot eaid Mortgagee end the practice o! such oourt. ~ 8. It is undeMood aad a~eed t6at tAi~ mortg~ge ii ~va~ to securo, in addition to t6e note oe oblig~tion abovs de~cribed any additional ioans ar tuture advaaces made within twenty ye~rs [rom date hereot by t6s mortg~gee ~ to s~id mortg~gors or any suoosssor fa titls of ~aid mortgagors ot t6e property hereby conveyed: provded tl~t the total unpaid b~lance of the indebtedn~s secured hereby ~t eny one tims slull nat e:ceed the maiimum principal ~mounc ot 7HREE THOUSAND THREE HUNDRED TWENTY ONE (3,321.00) Dc?11ars (f 1, plus intereet t6ereon and any disb~usern~ts made bq the mortgagee for the payment of u:ee, kvisa or ins~rance on the property eecumbered hereby, with interest on such disbursemente. ~ IN WITNESS WHEREOF, the ~aid Matgagor hse ezecuted this mortgage under eeal oe the day and year herein firet tbove written. Signed. ~led and deGvared in the presence of: ,F ~ ~t• w 13EAL1 U ISEALI ~ Mi nie R. Goding ~ STATE OF FLORIDA ~ ~ COUNTY OF 3T. LUCIE ~ Duane M. Goding and Minnie R. Goding, his wife of 10342 ~ Before uu personally apPeared ~ SM 113th St., Miami, FL. 33176 ~ ~ to ms wsll known and kno~wa to ms to be the individnaLS de~eribed fa aad !1bo wsawd tbe faegoins i~?~trument, and ac.l~nowlsdged bstors ms t6~t ~..h~l.. e:ecuted tbe s~ms tor t6e p~apo~e~ t6s~ie ~f~ed. ~ "•~~Ci~~. 3•~~.'.~'r d wr~ss ~y ~a .oa otr~a.i ~ cb;. an? o~ ~ ~9 ~ r~ ~ ~ ~ = - ~ _ ~ c~ ~ - Nor.rT Pnbu~ in .Aa ra , 3~~.C J~,(r PAJt `~.~,cy u.nd sc.te Atoreeue. F ~ • i ~ a _ ' :~Tl~1110~Hl1~K7R~itCRtp/~ ~1T U1F~F' ~ • .•,Y C.'J't1..1 ~S''., . c i:~C T r 1 1 S 7 9 r;.. '.C~.G:C iFi l~ G R :':iRr l _ . _ _ : . . _ . . : : : - ~ ~ _ - - - ~ ~ ,