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HomeMy WebLinkAbout0318 : ~ , 4~43 19t9 JtA -9 IIN ~ 36 , . ~ ~ . A ~ REC4N0 VERIFIEO ` ~11 !~w tM qKion to ~reosiw u~d ~pply tM s~m~ on aeoount ot th~ indsM~da~q Ncurd 6w+~b~ ar to permit wid Mortta~ W t~aiw ~ad uM it ae a~ pact theswE tar otMr purpo~M without tdnbr. w~ivio~ or imp~hi~ss W+4n~ty. 1Ma or ti~ht und~r or by virtus ot this mortgsgr: and in tlis sveat s~d Matgag~ar ~haU toe ~q~? nwoa hil ~o lu~p L6~ sdd premi~e~ w inrured, or tail to deliv~ pcoea~? oE ~id po~icM~ at in~araoo~ to aid Martaa~. or tail promptly to paY ~Y ~Y P~*~~ tl~efor. or ia aay resWct iail to pKta~u. ~r~, ~ente. eft~ct. oomPlets. oo~nply witA and abide by this oowa~a~ or any p~rt haeeot. ~aid Ma~t~e~ nuU? p1~a ~nd P~7 tor sueh iasnnna oe anr part thereof without waivina ar aNectin8 aqY optiou. li~n. equity a si~t und~t or by vietw of tlw mortaap. and tM tull amount ot each and ev~ anch p~ymsnt s1~U bs imassdiatalp dw ~ad pqrabls and ~hdl M~r int~ee~t hom tM dat~ N~eot until paid ~t tbs nte ot teb psr oaotum p~c anaum and to~et~ wiLL sne~ intaa~t sball b~ ~eennd by ti~e lien of thi~ mocta~. 4. 1b penni~ eommit a~ suffer ra waste. imp~irmsat a d~~"""!""' ot ssid ProPwlr a aW' P~rt theroot. b. 1b pay all and singular the costs. tharBa~ and e~ensM, ineludins re~sonabM lawyer'~ hM ~ad cwt of abetncta ot titb. iucnrred o~ paid at- any time by said Mortgagee becauss and/or i~ t!N went ot tbs i~rs o~ tbs part of tbs s~d MortP~ ~ d~Y. P~P~b~ ~~7 P~~ ~vta ~fecc, oompl~. oompl~~ writb u~d ~bids, by e~eh and every t6s ~tipulations. agr~t~. oondltions and ooveo~ats ot ~aid ~omiao~r note. ~nd this mortgaae. an~ or eit~x. ~ said ooe~t~. char~ ~nd up~ses, e~ ~nd every. sha8 bs immedistd~? dns aod P~Y~bk. wbsther or not thers be aotica. dsm~nd. att~ to oolkct cr suit pending; and t6e [nll amaont d eaeh ~nd every such p~ym~ot a6a11 b~r interest trom t~s date tberoot nnh7 paid at the nte ot ten pK oaawm per annum: and ~11 s~id eoet~, charps uid ~penses so Incurred ot paid, toeether w[th s~ intece~t, ~6~11 b~ ~ecnred by t6s lks of this m~oetg~. 6. 't7ut la) in tb~ evsnt ot my bre~ch of tbii mortsa~ cr dstault as tbs part ot ths Ma~tsa~a. ac 1W 1n ths • evant _ any of wid sums ot money 6ee~ein referred w M eat promptly ~nd tuD~? paid .within twi dapt a~zt attR t~s ~ams s~vae~lly beoome dne ud payabl~ witbout de~aand ar notin. oe le) in t.6s ~veat each aod evaq t6~ ~tipnhtioa~. a~ta. tonditioo~ ~nd oowo~aRa of Mid prominory note ~ad thi~ moetga~a, ~ny ar eitMr. not ddy. P~P~Y ~~3? P~o~med. di~clur8~d. e~ecuted. eNected. oomPi~ted. oo~aplied witA ~nd abided bp. tLea la att6K or any wdr event. ths sdd ag~sgate snm msntioaed in said pfomiaory note then re~naining ~npaid, with iatareat ~caued. aod all moneys secured bersby. s6all become due aad payabls torthwith. or there~ft~. ~t ths optioa of nid Mortgages, ~s fully and oompbtdy u if all of the aid wm~ of m~sy was originaltY ~t~d to be p~id on sucs day. wrthie~ h? Nld promiaorp nota, and a ia t6ia m~ortpgs w ths oontnr~ notwithstandi~ and tbareupon ac tbereafRer ~t tl~e option of ~aid Matga~es, witbaut notics ar damand. mit at I~w or in eqniRy, t6eretotors. oc tliacs~tter begun, may be prw~cntd ~s if dl ma~sys s~e~ued bar~by 6ad matnrad p~ia to ita inst,itution. 9. ~at in t6s event t6at at ths bs~pnniag of or at any tims psndins ~ny auit npon t6is mortgage, or to fareclo~s it. ot to reform i~ andtor to eaforce paymeot of any cWm~ h~e~eander. s~id Matg~~et sball apply to cbs oourt ~ having jurisdictioo ehereof for the appointinsnc ot . R~ivar, ~uc6 court s6all torthwiLh ~ppant . Reosivar at nid ~6'~ P~P~1 singulu. inctudin8 aU and singu4r the rant~ income pm6ta. usues u~d rsvenues irom ~ whatever source dsrived. e~ch and every. ot whicb. it b~ina e~ce~dy und~stood is hseeby mortgaesd as if ~ speci5cally set forth and ds~cribed 'u? tbe granting wd habendnm dauses hpreof. aud snch Reeeiver s6dl have f ~11 tLe bewd aod effective tunctious and powers in anyw~ise entrusted by • oourt to ~ Receiver. ~nd sueh appointmet~t i s1uU be mads by such court as an ~dmiued equity ~nd a macter of ~b~ohite right to asid Mortgagee, ~nd witlwut s refereoce to the ~deqwty or inadequacy of the value of the pwpe~ty anortgeged or w the solveney or insolve~xy ~ of s~id ~Iortgagor and/ar ot the defend~nts. and that snch ronq. Profits. inoome. isw~es and ravenues ~hall be ~ppbsd ~ by suc6 Receiver aooording W the lein and/or equity of said Matga~oe aad t6s praetics of wch oourt. 8. It is andarstood and a~esd that t~is moctgagr is ~iwn to asaurs. in additbn to tbs note ar oWi~ation above dercribsd my ~dditiooal iani o~ tuwrs ~dvanns mads within twentr ye~n fmm date hereot by t6s mortgagee eo ,~id ~oore`.~. o~ anr .uoo.~sor m eitls ot ,~id mo~t~. o~ ebs penpercy t~eesby eonveyed: pem~ided eb.e ebs total nnpdd bdancs of the iadebtede~s secured hersby ~L anr one tims a6a11 not esoeed the masuaum peiadpd amoant ot FIVE THOUSAND SEVEN HUNDRED NI(~ETY SEVEN (5,797.~~ (i Plns lace~c cl~eon .nd any disbnrsea~eacs m.de by moecgagee for chs payn,euc ot t~es. or inwua„oe oa tbe property encumber+ed 6ersby. wlth iatee+eet oa sncl~ diebur~nents. IN WITNE33 WHEBEOF, the said Mortgagos hae ezecuted this a~ortgsge nnder se~l on the day wd year l~ein first abovs written. uid 'vered 'm p of: ~ (SEAI.1 ~ o . es n ~ ~ (SEAL? STATE OF FLORIDA ~ • ~ COUNTY OF 3T. LUCIE ~ Jahn A. Resen of 1595 West Coral Ct., Merritt Island, FL. ~ Betore me personally .ppeared ~ - 32952 . ~ eo m. ...u kao~wo .na tma.n to a» eo bs eh. indh?iand... a~cntbea in .nd ..bo a~.ws.a eh. foee~oi~ ~ ~nd ~eJcnowl«I~d botora ms t}ut ....be.... sz~euted tbe ~ame far tM pvpo~es tMe+ein e:pewMd• WITNE83 mr 6~sd ~nd official ~1 t,hi~ ~~+ti day of R'',~ c ~ --~vr~ , _ . ~ _'r . : y,.. . ~ ~ y`~•t ~ L1M COIIDty iU1~ • .j / - 5 .~~I~~~ ~y~'~ Y~. R c~ ~ ~ ~ ~ 'w ~ ` - . BOOK J1~ PAGE Mr ' ~ ~ _ , ~ /~7 ~ : ~ ~",si L ~~M~r.'!!..>;_.»1•- ~ r . ~ ~ w ` ~