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Home My WebLink About0108 . 45~0325 ~9is .M. ~6 N~ ~ 58 . . aunr~ R£CONO ~~tEO--~~~-~" duD havs the optbn to rocsive and appty the ~ame oa ~owua~ of tl~e indabtedasss ~seured hecsby or W permit aid Mortg~gor to receivs ~nd ws it or any part thereof tar othsr purpo~ without tbecsbY wdvioa or imp~iring anr equity. liea or right under or by virtue ot this mortgags: aad in tbs eveot said Mortgagor shaU for ~ny reawn t~l to ke~p tbs said premises w insured. o~ t~il w detivK P~'~P~P any of nW poUck~ ot iaauar,o~ to s~id Moctaa~es, or fail pmmp~ly to WY ~nY P~um tMretor. or in iny req~xt tail to pertarm. discbarBr. ~cute, etfect. eomplete. comply with aod abide bq this covenant. or en~ gart hereof. said Mottgages nuy plaas ~nd p~Y tor snch insannee or aay part thereot witbout waiving or attecting sny option, lien, equitr or rf~t unde~ ar by virtue of this moKg~e. and tbs tull ~enount of eacb aad svery auch p~yment shaU be ima+ediately dus and p~y~bls aad shall bear intee+e~t from the date tber+eof until paid ~t ths nte ot t~ea per centum per ~nnum and to~ether with euch inte~e~t s6a11 be sxvred by t6e li~ of tlds moctg~gs. 4. To permit. oommit or sufier no w~sta imp~irment or deteriontion ot said property or any part tl~er~eot. b. To pay all and singular the coats. charges and s:peasss, including re~eonabk 4wyer's tees uid oost of ~batracts ot title. iacurred or paid at• any time by eaid Mortgagee becawe sndlor in the eveut of the tailure ~ the put of tLe said Mortgagor w duly. promP~fY P~~ ~~6e• e:ecute. effeet. oomP~• ~P~Y witA and ~bide by e~eh and every tM etipulations, agreseneats. conditions u~d oovenaats oi said promi~sory uo~e. and tl~is mortgage• any or either. and said eosts. chugs~ and ezpenses, e~ch and evay. shail be immedi~tely due and paribk. wbether or not there be notice. demand. ~tt~npt to collecc or suit pending: and t6e tull amouat of each and every auch payment shaU be~r intereet from the date thereof until paid at the nte ot ten pe~ oenwm per annum: and ~U said costs. charges aod a:penses ~o incurred or paid, together with wch interest. ah~ll be secured by t6e Uen of this mortgage. 6. That lal in tbe sveat ot aaq bre~ch of taia mottgags or detault on the part oi tLe Moctsigor, or ib) in tM • eveat any of said sums of money 6erein referrod to bs not Pr'omptiY ~~Y P~ wit6in tao d~ys nsst atter tbs suns saverally beoome due and p~yabia, witboat demand or notiee. or Ic) in the event eacb and every the stlpul~tions. aareemsnts. conditions and oovea~nts of said promissory oote ~nd t6is mortgage, wy or eitl~. ~rs ooR d~ily. P*o~Y and fnlly psrformed. dischargsd, e:ecuted. eHected. oomplated, oomptied with and ~bided by. then. in eitl~ or aay such event. the said aggregata eum mentioned in eaid promisso*Y note then remaining unpaid. with iatae~est • a~erued, aad dl moneys secured beroby, aha11 become dus aad p~yabk forthwitA, or thereaker, at the option ot said Mortgagee. as fully aad oompktely ~s if all of the said swns of ~mey wrere originaUy stipulated w bs p~id on such day. snything in said promiesory note. ~nd or in this mortg~ge to the oontr~ry notwithstandin~ and thereupon or thereaKer at the option of eaid Moctg~gee, without notioe or damand, suit at law or in equity, theretofore. or thereafter begun, auY be prosecuted as it dl monsya eecured h~eby had mat~u~ed prior W its inatitution. 7. T6at in the event that et the beginning of or at any time pending any suit upon this mortgage, or to toreclose it, or to reform it, and/or to eaforce. p~yme~t o[ sey claims hereunder. aaid Mortgages ehall apply to the ooort having jwisdictioo thereof for the ~ppointment of a Receiver, such court ahsD forthwith appoint a Reoeiver of said mortgaged property aU and ningular. including aU and aingulu the renta income profita, iseues end revea~ss irom i whatever source derived, each end every of which, it being ezpree~ly under~tood is hereby mortgaged ae if 'E apecificaDy set forth and descn'bed in the granting and h~bendum claunas hereof. and sach Receivar shall have f dl the brwd and effective tunctions and powers in snywiee eetrueted by a court w a Receiver, and such appowtment ehall be rmde by euch wurt a~ sa admitted equity and a matter of aMolutc rigF~t to said Mortgagee, and without j reference to the adequacy or inadequ~cy of the value of the property inortgaged or to the sotvency or insolvency ~ ot s~id Mortgagor and/or of the defendants, snd that euch rents, profits, income, iesues ~nd revenues shall be applied I by snch Iteceiver acoording w the kL+ ~nd/or equity of said Martga~ee and the praMice oi such oourt_ - f 8. It is understood and asreed that thie mortgage ie givsn to secue~e, in addition to the note ar oblig~tion above deacribed wy additional lo~as or future advanoes anads within tweuty ye~rs from date bereo[ by ths mortgagee W said matgagors or ~ny sucoeseor ia titis ot ~aid a~ortgagors of t6e pro~erty hereby conveyed; pwvidsd t6~t tAe total unp~id balance of the indebtednees secnred hefeby at any one time shall iwt e:oeed the muimum prinapd .~Ac oc ,~SSo~~ oo - - If 1, pius interest thereon and any diahursements made by the mortgagee for t6e p~yment ot tazee, leries or insuranoe on t!~ pmp~rty encumbe~ed beroby, with interest on eueh diebnreements. IN WITNES3 WHEREOF, the said Mortgagor h~e e:ecuted thie mortgage under seal on tAe day and yesr hersin first above written. 3igned, ssded and de6vered ' the preseeoe of: ~ ~ ~ e . 13EAI.) tSEAL) ~ Lucy Z d ey ~ STATE OF FLOAIDA ~ OOUNTY OF 3T. LUCIE ~ ~f~ ~~,~~y ,p~ Wayne C. Headley and Lucy Z. Headley, his wife of ~ ~ f ~ P.O. Box 22, Cocoa Beach, Fla. 32931 ~~~~~~~~kt., ~ ~ • _ i L_L4, `-f'~ - - tcT. ~ w ms wdl Irnown and imown to me to be t6e indjvidual.. de~mcribed la ~nd wbo szecnted t6s fot~oR ~trummt,~' ~ and ~ckaow1sdged before ms tbat ....6e.... e:ecvted the sams tor~6e p~aposss thersin /y - s'~ 3dL ~ 5n.~~- I WITNE33 my hand and official se~l this day of T- 'v.° 2~ i . " ~ c; r . a ~ N Public in ~ µ ~"''``o~',S~~' ~ ~ F:. - the County and Stat~~~~id'~ ~ NI~.{oohdal[Gsi~ ~ RT l~R~:E . ~ R e~ MY CC':,'.'~~StQN E~~:.R t6. 1'+~~~ ~~JCK •J1~ !:tis;F 108 eonoto ~~nau.-- ~`"~~nr;~~ E~;,o~r;c ~?ct~~r