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HomeMy WebLinkAbout0308 . . , t ~ ~ ~s ~ ~ v ~ C'NMtT ttf00~Yf~IF~f~! ~ 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 t 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. ~ ~ 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.) k 1.,~. ~tv~ • , ~ ren a . u ~ - ~ 3TA1'E OP FLORIDA ' • sa. ~ OOUNTY OF 3T. LUCIE + t_ . ~ ~f~ ~~~p~ . Raymond J. Nau, Jr. and Brenda A. Nau.. ~hts.~~fe ot, ~ . , 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~~'~ ` ~ ~ • . . „ -T:~-:-~-~.~ ~ . tr^ -j• " _ ~ • ~ . ~ ~ ~ . `t i n ~ Bo~KJ1~ PAGE 3~ ~Caro~~a~'~ ' : ; . ~ _ , ~ March 8, 1~82 ' !