HomeMy WebLinkAbout0308 .
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s6~ bave tlw optbn to rKeiw and appb? tM s~me oa aooount ot tbs indsbtedaw ~seured berrby or to perndt .
Mid Mortsaeoe to noeive ~ad uM it or aqj? part tlwrwt tor otbK puepwe~ w[tMnt tb~br w~ivio~ a imP~i
W eqaity. liea or riaht undK a by virtus oi thls matga~x u~d in tbs evtiat s~id Ma~t~or shaa kc aqp rM~oa
fait to kMp tM said p~ni~ w insured. or Gtil to ddiv~ poomptb? aa~r oi a~id polieis~ ot lnwuana to ~aid
Maet~ae~. or tail P~b~ ~ P~Y ~r P~a+ tMntor. or ie .ny esipAet idl to P~• ~~s+•
~cuca ettecc. comPlece. compt~r wit6 and abide by this eoveoant, or any part heced. said Moetsa~e. m.~ plaas and -
p.r ~ sncA iaeuranos or any p.rc ch~+eot ~rtchouc wdvins a.atteccsne aar a~sion. ~eo. eqnicr or ri~hc zmde~ or by
virp~ ot t~Ais nwit~e, and t6~ iWl amount o! wch and evsry snch payn~snc sh~U be iaomediatel~ dw ~ad p~yabis
and d~aD bear iat~[e~t tro~n tM date t6eeeot uatU ~paid tM nta of t~ea pat asntum pR annum aad to~etl~er witb
encl~ intae~t s6aD bs s~cur~d by tbe Bea ot tl~is mortgag~.
1. To psrmI~ ooma~it a~ ruffer no wasta. impairnient or dsterior~tioa of eafd Pro'P~+'~7 a~Y P~ ~~t•
6. To p~y aD aad singnlu the cuets. ehul~ss and a~psnses, inch~die8 re~sonabk I~wyer's fee~ ~ad oost ot
abetracta of titts. in~vrred or p~id at• ~ny time by said Mo~ag~s beause and/or in ths eveat ot the ta~7~ere on tl~s
part of tt,s said Morts+~* ~~i'. P~r P~~• ~ae. e:ecna, etieet. oomNst~. oompb? wit6 -
and abide by e~eh ~nd every tbs ~tipul~tion~, agresmsota. oondltions a~d omrea~nta of ~aW promi~? note. ~nd
this moetg~ge. any or ~ther. u~d s~d easta, clur~ aad s:peae~, e~ch and every. s6all be immedLt,el,r dns ~nd
P~Y~~• wbst6er or not tl~e De notica, dem~nd. atta~apt to oolleet or snit pending: and tbe tull amount ot e~cb
a~d evary weh p~yment ihal~ be~r iaterost irom the d~te t~reot undl p~id ~t the rate ot ten per ceawm per
ann~un: a~ all a~id oo~ts. c6arge~ and azpao~e~ so incurred or paid, tosather with snch int~e~t. shaU b~ e~enred by
tbs liea ot this ~t~~a.
6. T6at la! in the swat ot mr be~eh o[ this mo~ or def~ult oa tbs part oi t6e Moet~a~or. ar Ibl in t!~
• eveac wy of Mid sum~ ot monsy benrin rskrr~ed to bs not promptty ~nd lulty p~id witdin ten dq?s nat etter tbs
s~ a~verally beooms dw and Wribis..withont daaand or notiee. ar k) m tbs wsot e~ch and evey the ~nlacions,
a~'eemeota. oood~ aad oowo~at~ of Mid promis~ory nots and t!~ m~octg~a, mr or eitbK. an oot ddy.
p~Pt19 ~~Y P~a~. ~t~ed. ettected. oompi~t~ed. oomplied with and abjded by. tbeo. in eitber
o~ ~ny ~nch sv~t. tbe saW aggr~te sum meatioosd Ia said promis~ory note thea remaining nnp~id, wit,6 iatere~t
•ocrued. and all mon~re ~eeured b~rsbp. shaU bsooms due and payable MrtAwith. or there~iter. at tAe option of nid
Moctgages, u fulty ~nd oompMtety ~i If dl of tbs aid wm~ of nomey were origin~lly si,fpalated W bs p~id on
such d~y. enpthing in said promiwoq? nou. and or in this mortg~ge to tl~s oontrary iwtwithd~ndir~ and -
_ tl~ce~pas ar thereafter at tbs option ot e~id Mortg~es. witho~t notice oc danund. a~uii ~t law or in equity.
tberstotati. or thsrs~har be~an, may bs pro~scutd u ii all rooasps s~cured 6sreby had nutnred pcior W its
~tiwtioa.
7. 1Lat in tbe eveat t6at ~t tbs baginning of or at any tims peoding ~ny suit upon t6is mortg~gs, or to fae+eciose
i~ ar W nform i~ andlor w e~forea p~ymeot of any cWms here~ndar. said Martgases sh~ll apply to tbs oonrt
i having f uri~diction tharsof for the ap~ointmsat ot a Reeedvar, nuh court s6all tathwith ~ppoint s R~o~iwr d~~id
mortg~ged prape~ty +al and ainguiar. includinB all snd singular the rents ineome proCit~. issus~ and rsvenues trom ~
w6atever soaros derived. e~c6 and every of wl~itL. it beia~ eipt~sdy uaderstood ia 6ar~by mortga~sd as it
~ spsafially set torth and de~rn'bed in tbe graating ~nd h~bsndum cl~uses hp.reof. and snch Reeeiver ~htU 6~ve
j dl the brwd and eHective tunetions ~nd powers in anywise entrusted by a oourt to e R~eceiver, and such appointment
( s6all bs made by such co~rt as ~n admitted equity and • matter of absolate right w said Mortgagse, and without ~
k refetanee W the ~deqwcp or in~deqwcy of the value ot the property mortgaged oT to the wlveacy ar insolvency
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f ot nid Mortg~gor andlor of the defeodanta. and tlut aach rents. PwBts. inoome. is~es and revenues s6a11 be applied
' by sac6 Receiver ~oording to tbe kin andlor eqnity of said Mortgages and t6e ptacties of sucb oourt.
8. It is ~ndsntood and aareed t6~t thes mortia~s L siven to ~.vn. iri additio~ to tbs note or obi~ation ;
above de~aibd any additional loans or inWrs advances mids within tweotr year' [rom date hseeof ~by td mortsag~ss ~
to e~id moet~on or a~? snoassor in titis ot aid mortga~ors Dt t6s pe~op~ty t~ee~by oonveyed; pro~vidsd tL~e tba
total unpaid b~lanos ot the indebtedoen secured hersby ai ~ay ons tims sball not azceed the m~zimum principal
amounc oi SIX THOUSAND ONE HUNDRED TIiO 6102.00 -
h?. ince~c cha.eo~, .na .n aisb~eaa m.de b c6~s
1. P Y 9 ~8'~ for ths piyment of t~es. levie~ ar insiuanoe
on tbe pmperty e~cumbered bersbq. with interest on snc6 disMu~smenta.
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~ IN WITNE33 WHEREOF, the said Mortg~g~or 6as e:ecuted tltis mortgage undx seal on the d~q snd year h~ein ?
5ret above written. E
ss~kd and 'vsreii in tbs prasenoe of: ~ •
(9EAI.)
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~ 3TA1'E OP FLORIDA ' •
sa.
~ OOUNTY OF 3T. LUCIE + t_ .
~ ~f~ ~~~p~ . Raymond J. Nau, Jr. and Brenda A. Nau.. ~hts.~~fe ot,
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226 Shore Lane, Indian Harbour Beach, F1. 32937 - =
` w ms n.n tnown .na Imo+.n_ co co bs c6. fnaivjanat,.. ds~aibed jn .nd ..ho ` • ;
~nd aeJmowbdgrd Mton me t6at ~.h~ e~ecated t6s wm~ for tl~ tlwr~ein ~`-:s' ~ e F` ~ t
~sp°..' ,r:_ . ~
wt1'lvess ap? e.sa .na o~dal c6i, 24th ~ NovelMbel~~'~ ` ~ ~ •
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Bo~KJ1~ PAGE 3~ ~Caro~~a~'~ ' : ;
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~ March 8, 1~82 '
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