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HomeMy WebLinkAbout0103 v S T A~ ~A ~,L_L r-} f'' j '45i~~`; DOCUMENI y-- ` [lEP1. Ui NEVEN11t . jj~;:;,, ~ . . ^ ~.~.r• ~ ~ 58 ~ ~ ~~t -~•~y ~ 0 9. I 5~ ~9I9 JUt. - 6 A M Pa. ~ ` = ~ i 1n~ - _ a}~ ~Yli ~}±Iflf.O _ ` sball baw tM optioo to t~ostve and apply the aa~ on uoouat ot t6a iadsbted~ Neured at W p~mit sajd Mort~or to receive ~nd nas it ar any qrt theeeot tat otl~ purpow w[thwt th~csb~ w~ivEa~ ot im~irin~ aar «juity. lisa or rigl~t unde~ or by viitus ot this mortgap: and in th~ ewot ald Mortg~~ ~6~II tar ~qp n~wn ~ tail to Ice~p tLs aid pesmi~ so insured. or tdl to deliv~ pe~omptly any ot Mid polklN ot inwu~no~ to Mid Me~c~aa.., oe tan prompcly w p~r ~r •pr p~um c6a.~for. or fn ae~yy n.p.et f.il so peiriam, di~har~. ~cute. eHeet, eompbte. compty witR and ~bide by this cowaan~ or any pact bereot. said Mo~taa8'~ ~J? P~~ ~ P~Y for sneh iasura~ or aay p~rt therooi witho~t wdvin~ o~ aH~ctin6 a~r option. li~n. ~9uit~ or risht otd~t ar by virws of this mortga~. and c6~ !uU amouet ot e~cA and everr euch p~ynrnt s1~aU bt immsdiatdy dw and p~fabls ~nd t1u11 bs~r inta~wt from t!a date tbaeof until p~id at tM nt~ ot t~n per antum p~r annum and toptl~ witb sue~ inte~t slull b~ ~eeur~d by t6s Uen at t6i~ mo~. - 4. To permi~ oo~nmic or suHer no wub, impairm~nc or dst~ior~tiow of wid property or m~ p~rt thereot. 5. To pay a11 and sinaular the co~ta. elurgM aad s~sM. inchding retsonabis l~wyer'~ tee~ and oat ot abstr~eta ot titie. ineurred or paid ~t• any cime by said Morc~ages becau.s and~or io t6s evsat of tM taDure an ths part ot tbs_ s~id Mortsa~or to duly. prom~ptly ~nd fuU~r PKlotm. di~c6~r~. uecvte. etiect. aomP~ ~NY witd u~d abids by wcb aad every tbs ~tipulubn~. a~~eawnt~, oonditMn~ ted ooveaanta oi ~aid ~romtMOq? nots. ~nd this n~ortgags. any or either. and said co~ts. charg~a ~nd apeoies. e~eh and every. shall be immsdiataip dus ~nd P~ribk. whetber or not the~s bs notioe. danand. att~npt to colMet ot ~uit peodiog; and tM tuII atoouut of e~eh ~nd every snch p~yment ~Aall De~r Intere~t hom the date thereoi until paid ~t ihe nte ot ten par oesqun per ~nnwn: aad aU said eo~. elur~ and ~peo~ so in~vmd ot paid, toeetber wltL such inta~wt. sha11 bs ~seueed by ; tbe lien ot this morts+~. 6. 'ILat fal in t6s evaK ot anr 6~wch of thb mort~ a~ d~hult oo ths part of ths Mortpaor. ar (bl in t6s • event any ot said wms of monsy 6~nin rehn~ed W bs not promptlp ~nd tulh? p~d within tan d~r n~st at'ia t6s s~ms ssv~nlu? beooms dw ~nd P~riWr. withont de~and or noties. oe Icl ia tAs evee~t eaeh and swey tbs ~ti~tions. ~reem~nta. condition~ and oov~o~ats ot aaid prominory note and t6i~ mort~as, any ~~itbar. a» not ddy. prompuY aad l~Dp P~rEorm~d, di~ch~r~d. ezeeubd. eff~eted. oomplst~d, oomplied witA and ~bided by. tb~o. in aith~r or any sueh event, t6~ said ~re~atb wm msntfo~d in dd pc~o~olaory nots t6es~ rbaoainiag unpaid, aith intae~t aea~ned. md all monsp~ recund 6~rsbr. sdll become dw and papabis LortAwith. or thereaiter. at tLs option ot nid Mortgages. as tulty and compMtely as if dl of tho ~aid sum~ ot nomey ware ori~inalty stipui~ted to b~ p~id o0 such day. aaythina in aid promi~sory iwt~. and o~ in thi~ c~ortsagr to t,Ls oontra~ notwithstandin~ and thereupoa or t6ere~her at tbe optbn of said Mortp~a, without notios or d~mand, snit ~t 4w or in equity. the~etofora or tAen~itar besun, may bs prw~enNd u if all moe~ys Me~u~sd 6~nby hsd matund prior W its inatitution. ~ac m cbs e~+~c ce.t ac cee e~ning ot or .c .nr ct~ ~oatna .oy ~,,;c ~pon tti~ mortgags, or to faeclo~e it, or to rstorm it~ andlor to entoroe p~yment ot any cW~ 6~nandrr. said Mortgagw s6~11 apply to tLs oourt 6~vins juri~dietion t6~rro! tor tLs appointm~nt ot a li~dwr, wc6 ea~rt swall torthwith appoiat a R~o~ivrr d aid ~8~8~ P~~7 all and singular. Inch~ding dl u~d dn~ulu tbs rent~ income pmnta. isws~ ~ad ewanues irom ~rlutevee souros d~rived. ~ ~nd ev~y ot which. it bdns upesMly uaderstood 'u hseeby mortppd u if ' speci5ully s~t forth and dNa{6ed in the ~raatint aad hab~dum eLus~ hereof. and sueb R~eaiy~r ~h~ll bave ~ all ths broad and etfeetivs tnnetioas and powere in anywi~s entruited by a court w• Receiver. and nxh appointment j sball bs made by wch eourt a~ ~n ~dmitted equity and a mattar of absolute right to said Mortg~gas. ~nd witlwut ~ nferenes to the ~dsquacy or in~dsf{uacy of the value oi the property mortgaged or to the wivency ~ in~olvency . , of said Mortg~got aadlor oi the detendanu. ~nd t6at such rent~. peofits. inooms, issues and revenues ~hall bs sppiied i by mch Reniver aooording to ths lein indla equity of said ARortgagse and the practioe ot ~nch oourt. ~ 8. It ;s undentood u~d a~resd c6ac chia cso~tsap i~ ~[vra to Ncur~. ia addican co the aote or obli~atioa ~ above de~aib~d any ~dditbn~l ioan~ a~ tuturs adv~ners m~d~ withia twenty ye~n trom date h~rsof by th~ moetpaes co ..id morc~. or .ny a~oaaor in ticb ot ..id mo~ca.aor. ot ct~s peopertr her~br conve~nd: pro~+ia.d cL~c c6e ~ total unpaid b~lanoe of the indebtednsa sscurod 6ereby at any ~s time shall not ~ceed the muimum piiacipal amouns ot SIX THOUSAND ONE HUNDRED (6,100.00) Dollars ~ (i 1. ptus interert tl~ereom and any disbnr~ts mads by the mortgsgse for the p~yment ot t~ss, Isvies ar insuranos e ou the property eacumbered hereby. with interest on tuch disbur~smst~ts. IN WITNE93 WHEAEOF, tl~e s~id Mortg~gor !us ezecuted tLi~ moetgage under se~l on the day and ye~r herein tvst abovs written. ~ 3igned. ~ealed and delivered in tAe presence of: : ~ ~ . u-Q/l.(J r ~ C ~'~'~`"'"L ` 13EAL) ~ , es er . . . ~t " 1~6 ~c c yiltc.~ csc-z.s- t-- ~sEAI.? ~ Mary- u~ini ng a~ m ~ ~ 3TATE OF FLORIDA ~ COUNTY OF 3T. LUCIE ~ ~ ~ Chester S. Grimn and Mary Cunningham of 4770 NE 22nd ~ Betore me perwnaUy ~ppeared G ~ Ave., Pompano Beach, FL. 33064 ~ i ~ to me wdl knowo ~nd imo~wn W~ to bs th~ individuaL~ de~cn'b~d fa ~nd w6o u~cubd th~ fo~oioa ia~ynypt; ' , ~nd admowbd~d b~fon ms t6~t ...lr.:.Yasscnted tbs wms for t6~ p~uposes tl~eryin esprsWed. . . , ~ wtTNESS my h.na .aa otBr3d ...1 chi. 23rd d,y ~ F ual^y - . ; # - k, i ~ ~,0~ Not~ry Poblic in aad ~ . ' ~ ~ K 312 G ~ ct~. co~ner a,~ ac.~. ~?taw~d, ~ , . . , - ~ ~ca~her~~ ; ' e M~~ntara ~ ~ ' Sept. ~26, 1980 ~