The URL can be used to link to this page

Home My WebLink About0343 . . ~ 1 - ~B baw tM optio~ to r~odw and appb tLe saios on ~ooonn~ ot tM iadsbtedaw ~ecured M~eby ar to p~mit aid Mortsasar to teeeiv~e aod nM it ar aq~ put tl~ee~wt tar atl~ putpo~ witeout tl~b~ waivio~ ar imahrlnS W eqnitY. U~o oe tiaLt n~der ar by virtue ot thL morta~g~x aod !a tM ev~ot said l[~~a ~bdl tar w~r t~~on hil co k«p t1~ a~d {~niw~ w inaund. or tait w deitv~ pranpt~y .ny~ ot ..fd polieiM ot to~ur~oa co Mid M~i~B'~ a~ P~'~P~b~ ~ WY ~P P~mfuo~ there~ta~. or ib ~r req~ect t~i1 to P~torm. dise~ar~ asent~. efteet, oompMts• oocnpU? with aad ~bide by this oovenant, or my put Mceot. said Moet~ge~ mt7 Pi~c+ ad Pay tor aucb inwranos os any paet chereof wicbo~ic waivina ar aHecci~+g aay opcion. li~n. equit7 ar.~A~ nndee or by vlrtw ot thb mortpes. aad tL~ tull ~mount ot e~eh and ave~Y snGh p~Ymeot shaU bs luuo~diately dw ~od p~ribis and ohaU be~r int~rwt tr~ tiw date tt~rof unt~il p~id ~t tM nts of ten per oeotnm p~ annum ud tog~ther wit~ sueh intan~t shall b~ Meund b1 tse liea ot lhi~ mortss~s. 4. To parmtL, oanmit ar wHer ea ws~te. imWirment ar d~tKioratioo • oi add property or any p~rt t6ereuL 5. To pq dl and singular the costa eharg~s and espeas~s, Includiag reasowbis lawper's fes~ ~nd aost ot abstr~ct~ of titie, incurred or p~id aa.ny cime by sald Morcga~.. becau.e and/or in tM eveat ot tl~s t~itnrs m the part ot che said 1Kc~c~.gor w dulr. promptlr ~nd inlly pwforan. dbe6a*a+. sse~.vice. ettecs. oompl.t., oo~ ..ice and abide by e~ch u~d ~very tbs ~tip~latiom. agrsement~. oooditloeu and ooveaants of ~aid promiwoer eatA. and this mort~ge. aay ~ ettha~. aad wd oat~. chu6a and ~Penss~. eae6 ~ad every. ahvl be ienmediate~y due ~ad PaYabM. w6etber or aot tbere be notioe. d~nd. attempt to ooli~ct ar wit pe~dina: ~ud t!w tuU ~mount ot e~eh and every sueh p~ymant sl~aU be~r intare~t kom tbs dat~ tl~ereot until paid ~t the rate of te~ qe oeutum per u~enm: ~ud ali ~aid coste. clur~s ud espeo~ so incurred or paid. to~ethr with sueh iate~t, s6all bs ~scvied by tbe lien oi thi~ mortga~. • 6. 'Ibat la) tn t6s aveot oi any bcweh of this mortpp or d~fault an ths part ot ths Mo~t~asor. ar (bi in t6s • svent aay ot s~id wma ot m~oosy ~arein rat~rred to bs aot prompttp and fn117 P~id w[thin t~n d~rt wzt atta th~ •am~ Nvanllp beto~os dus aod payaW~, witbont dezoaad or notk+. a~ Icl in tiw event e~cA and sveq tl~s ~ipnLtiom, ~t~. oooditiooa aad oov~o~nta oi Nid peomiao~y note aad thi~ mort~~ge, any or eitbr. not .dnb?. p~omptb and tng? Petfoemsd, disch~r~ed. ssecuted. etfeeted. oomplated. oomplisd w9t6 ~nd abided by. t~o. in aitMr or any wcb sveat, the wid aggra~ate am m~tiooed ia said pwmissory noce tl~ea rem~inina unpaid. with ~tee~ aoerued. aad all mo~sya sknred ~eby. sh~D beoom~ dw aod payabis torthwith. or there~ft~. at the option d s~id Mortgage~. ~s fuUy and oompMtdy u if dl of ths aid sum~ of nomsy were origiaally stipulated to bs p~id o0 such day. anythina in nid pe»mis~on? note. ~nd o~ in tbi~ m~ort~ to ths conwry notwttAssanding ~nd cMraupoa or tl~eraafte~ ~t the option ot nid Mart~~aes. ~rtthout notioe or damand suit at law ar in equity. t6eretofacs. ur thereatter bsgun. may bs pcoMCnt~d u it all mo~rys Neured 6~nby 6ad matwed prior to its in~titntion. 7. 11ut in tM ev~t that at tM besinnir~ of o~ at any tims peodin~ any suit upon thi~ mortg~gs, or to foe+sclo~s it. or to ~orm I~ andlor to enfores payment of any cLim~ bae~snnder. a~id Mortgase~ sbalf appty to ths oonrt l~aving jarisdietioo tMreoE for t6s ~ppointment ot a tieaiver. wch ooort ~hali fort6wit6 ~ppdnt a Reoeiv~r d Nid ' mort~ged prope~tY all and singular. inclnding all ~nd afngul~r the rents juoome pro5b. iasues ~nd rsvenner from whatevar wurce dstived. e~eb and svery of wi~ich. it being a~resafq nnderawod is bereby morCg~ged u if ~ spaci5e~lty eet fort6 and de~atbed in the grantL?g ~nd habendum clauses hrreof. aod suc6 Reoeiver shaII bave j all t6e brad ~nd effective fiinctions and powe~a ie anywise entrusted b~ ~ oourt to a Reoeiver. aad sneh appointment ! shall bs m~de by such oourt a~ an admitted eqwty aad a matte~ of ~b~olute right to said Mortg~gee, and without f nte~mce to tbe adequacy or inadequacy of the vdoe oi t6e pt+opeety mortgaged or to the wlvency arc in~otveoey ~ of aafd Mort~gor and/a ot t6e dafeadanta. ~nd that sncL rants. pcofits. inoome. iasues and reven~ ~hall bs apptied ; bp arch Reosiver acoording to ths kio and/or eqnity ot s~Sd I~tartgages aud tlre pnctioe ot snch aonrt~ 8. It b w~denWod aud a~reed tbat thi~ mo~e ia ~iven W Ncur~. in ~dditioa to tbs note or oWisatio~ ~bovs de~edbed anr addjtioaal lo~na ar fnwre advanoes msd~ within tweqtr yean fe+nm d~te i~areof by th~ moet~ass to nid moct~on or any afoo~aor in titls of ~aid mort~~ of tles p~opa~t7 6ereby conveyed: Provid~d tbat tbe tota! nnp~d bdaoos of tbe indebtednsss ~red t~eby at any are time s6a1t not ~eeed the_ marimum peinc3pd ~mounc ot TI~iELVE THOUSAND T1~f0 HUNDRED EIGHTY EIGHT (12.288.00) ~oWn li 1. P,as interert tt~ereon and any disb~utieioents made by tbe maetgagae tor t6e p~ymsnt ot tases. Iwies a insuranos oa t6e proparty encnmb~ed bereby. wit6 inte~t oa wch disbur~ts. IN WITNE33 WHEREOF, the naid Mortgagot has e:ecuted this matgage nndec se~l oa the day ~nd yeat herein first above written. Signd, seded and delivered in ths ot: . y ` - • ~J\ rsEwi.? ~ a~ ` s y 1 A 1 ~ ' Samuel N. Rhodes, Jr. - Pres. - Sam Rhodes ~ 3T/lTE OF FLORIDA ~ Construction, Inc. OOUNTY OF 9T. LUCIE ~ ~i,~ ~ ~p~ Samuel N. Rhodes, Jr. : _ ; . i~~~ ~ - • ~O ID! w~ ~00'w0 ~~DOwfl LO 1O~ ~O ~ LZN jD~YbO~... ~ fD ~ild ~I~lO li~CUf~ L~ t0l~, • , ~ and ~eknowi~dgd b~fon ms th~t ....b~... a~cut~d t6~ wme tor th~ p~upor r W17NE3S m~ h~nd and oftjdal ~sd thir day of ~ a a•; ` C _ r : b : ~ . , E ? ~ e 0 R e oarn pnwk _1ib,a~C - \ ' ; c~~q ~ ~ ~~~ry~ BOOK J.l~? PAGf J~ ~1° CO"°h"°d ~fC'~'F ;:e;=;.... ~ 't-~ ` ~ ~r ~ . ~sy~, 1 _ . . _ ,~..~Y~ ::biy,.rs.~:.~:w~.-.. . , . . . . . . . _ _ . . . x .r _..-A.'.=.... , . _ _ .