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HomeMy WebLinkAbout0098 450321 1919 JUI. -6 ~M ~~58 . o ~Olfll~ii~~. CM~WIT C~~gr _ Q~ ` (~,~iOYER~FiEO~~s :v~ shall bava the option to receive and apply the eame on ~ccount ot tbs iadebtednsss secured he~~sby ar to permit said Mortg~gor w recdve and uss it or ~ny p~rt thereoi to~ otAer purposes witLout tMreby w~iviag or impairius ~ny equity, lien or right under or by virtue ot this mortg~gs; aad in tM eveot ~aid Mortgaaot sbaU tor ~ny reawn tail W keip the ~aid prsmises so insured. or tail w deUver p~omptl~ ~ay o[ said po~liCie~ ot iewranos to Mid Murtsa~e~. or tatl pmmptly to paY fi?UY ~Y P~um theretor. or in ~ny re~ect f~il to petioral. diech~rgs. ~cute. etfect, eomplete, compiy with •nd sbide by thi~ covenant, or sny pert hereot, eaid Mo:tgages may pltoe aad p~y tor euch insurance or any part thereof without waiviag or ~ffectinR any option, lien, equity oe ~igbt nndat or by virtue ot this mortgags, and tbs tuU amount ot each iu?d every euch p~yment ahaU be immed'utely due wd payab{s and shaU bear int~eet trom the date tbereot until paid ~t the r~te ot ten per ceatum per aanum and t~ogstber wiW such intereat shall be secured by tue lier of this mortgage. 4. To permit, commit or euffer no waste, irapa'vment or deteriontion ot said pr+operty or aay part thereot. 5. To pay all sad sin8ular the coets, charges and szpenses. iach~ding rea~on~bk lawyer's fees aad oost ot abatrecu ot titk, inenrred or paid at• ~ny time by eaid Matgagee because snd~or in tAe eveat of tAs idlure oa the part of tM said Mortgagor to duly. pwmptly end fully pertorm. diechugs. ezecute. eNect. complefs, oomply with aad abide by e~ch and every tM. etipui~tions. agresments, oonditione and covenanta of uid promLwry note, and this mortgage. any or e~ther, and said coste. charges and e:pensee. eaeh and every. shall be immediatdy d~e and pay~bk, w6ether or not there be notioe, dens~nd, attempt to rnllect or auit pending: and the fuU amouat of e~ch uid every such payment shall bear intereet trom the date thereof unt~7_ pa'a! st tAe rate ot ten per oe~tum per aanum: at~d ~11 eaid coeti. charge.~ wd espenses eo incuned or p~id. together with such interert. shall bs secured by tbe lien of t6is mortgaas. 6. T6at ia1 iu the event of any bre~ch oi thia mortgaas or detault on tM p~rt of the MortaigcK, or (b) in ths • event any~ of sud sums of money herein retsrred to bs not PromP~Y ~~Y P~ within ten days na:t aita~ tbs sams sevenlly beooms due and p~yabls, wittwut damand or notics. or Icl in the svent e~ch and every t6s st3pulations, ae*eemsnt~. conditions and eovsnants of said promiseorY note and tliis mo~tgage, any or dtAer. ars not d~ly. PromPtly aad tulty performed. dischuged. ezecuted. efiected. completed. oomPlied with and abided by. Wen. in eithet or any such event, tbe aaid aggregate sum mentioned in said promiasory note then remaining unpaid, with in~t acerued. and aA moaeys secured heteby. ehall become dus and p~yable fortAwith. or tAereafter. at the optioa of said Mortg~ges. ~s fuUy and wmpietely as if all of the said sums of nomay were origiaally stipulated to be paid on anch day. anything in said procuissory rate. and or in this aooctgag~e w the contr~ry notwithstanding: and thereupon or tbereatter at the option ot s~id Mortgagee, without notioe or damind, suit at law or in equity, theretotore. or t6ereaftar begun, may be pco~scuted as it all moneye eecured hereby Aad matursd prior w its ~ I~ftiLUL10I1. 7. That in t6e event that at the beginniag ot ar at any time pending ~ny suit upon this mortgage, or to fae~eclwe it, or W rsform it. andlor to en[orce p~yinent of ~ey cWms ha:eunder. eaid Martgagee slull ~pply to the court 6aving jwisdktion thereof tor the appointment of a Receiver. ~uch court shaU torihwith appoiut • Reoeiver of said ~8~ P~~Y aU ~nd siegular. including all ~nd aingnl~r t?~e rents income pro6ts. issues and revenues [roa~ whatevet source d~ived. e~ch ~ad every of wdich. it being ezpresdy ~erstood is hereby mortgaged as if ' epecit~cally eet forth and described in the Rranting and habendum clauses F.ereof, and euch Receiver sAa1I Mve ~ all the brosd attd efiective functione a~ po~rers in anywise entruated by • court to a Receiver. and auch appoiwtment ~ shall be made by wch eourt as en ~draitted equity and • matter oi ~Molute right to said Mortgagee, and w~ithout € reference to the edeqwcy or inadequacy of the value of the property mortgaRed or to the solvency or insolveney ~ of said Mortg~gor endlor ot the defend~nta. and that auch nnts, profits. income, issnee and revenues sha11 be ap~tied by such Rec~ver acoording to the kin and+or equity of said Martgagee aad the practice of s~ch oourt. ~ 8. It is understood ~ and agreed that this mortgags ie given to seeiu~s, in additioa w ths note or obligition ~ above described any additioaa! lo~na or future advanoss mads within tw~ty yew irom dace hereof by ths mortsagee . to s~id mortgagon or anr succenor in titk ot said mortgagor~ ot tAe prnparty l~ereby eonveyed: pro~~ded that t6e tot~l unp~id b~lance of the indebted~ss secured hereb ~t an one time shall ~t e:ceed the mawnum qincip~l arnount of EIGHT T~USAND SEVEN HUNDRE~ THI(~TY (s8730.00)--------------- Douars ii plus ieterest thereon aad any diabursemeats made by the mortgagee for the p~yment ot tues, levies or insunnoe oa the property encumbered 6ereby, with intereat on euch disbnreements. s IN WITNESS WHEREOF, the eaid Mortgagor ~e e:ecuted thie mortgage unde~ eed he day and year herein ~ firat above written. - ~ Signs e~1ed an v ' tbe re ~ ' ISEALI ~ Q . ~ ~e ISE ALI ; ar ara . r n ` STATE O LORIDA ~ ~ COUNTY OF 3T. LUCIE ~ ~ ~i~ ~~~n~y.p~ Joe R. Green and Barbara S. Green, his Nife of . ~ 405 Broadway, Mt. Vernon, I11. 62864 a w ms wdl kaowo and Icnown to ioe to be tbs individuats. deseribed 'm and w6o ueeuced tM toeKilo~ ~tRrotaee~ and ac![mwlsdged bsfors ms that T.ha~(.. e:ecuted the s~ms for tbe p~upoees theroin e~. ~ , - ~ w~TNESS my luna .Aa ortic;.~ se~l cb;e 12th d,y of Apri 1 r j:~, a Q ' ~ JGr •J1~ PALf. ~ Noc.~r ~ib1~c pi ~ . ~ ~ ~ p C ~ro~ -~k ~`~`s~~ ~ ~ ~ _ March 8, 19~82