HomeMy WebLinkAbout0374 ~ . . . . : _ _ . . . . . . . ~ 1
~ I:~~~ ~
Vv'~ wY ~ ~ v~ .
V
~ ,
~Y ~ :
~~p NERIf IEO .
~ Mw tM aptioe to »aiw ~nd appip th~ sam~ on aoownt o! t!M iadsbtedn~ ~seund h~cebr ar to permit
~d Noei~~oe to naiw aud nN it or put th~not to~ otlMC puepo~ witlion~ t6~nb7 waivint a~t
W pniiY. tMa or ri~t undK ot by virtw ot tt?L maei~ ud ia tbs ~veet a~id Maet~~ ~aD~ ~ .
hil ~0 1cMP tM a~d P~+~ ~a inaued. ar hi! to d~liv+~ promptb? aqy ot a~id Polk~
ltort~a~. oe hil promptb? to P~y tuly W P~1~ t~for. ar ;a ~riY. ~t PM'~'~ ~
escut~. eit~et. comPMte. comprY witA ~nd abids by thie eovenant. or my p~rt beceot. said Mata~ aaq P~
pqr tor soc~ insunna oe any parc thereot witlaut waivlns a aHectia8 ury option. Bsn. e~Ni~7? or ~1?t undK ar bp . ~
virtw ot thb matpie? ~nd the f~tII aoouM ot e~eh ~nd we~Y au~ P~~~ee+t sball bs imm~di~teb? dw ad pyaDM
~nd ah~ll bar int~t irom tIM daN tMeot uaW paid at tM nts of t~u per ceatam p~ ~nanm apd to~tber with
snch int~ee~t ahdl b~ ~ewnd M tDe ikn of thi~ n~atta~-
To ps~ni~ oommic o' .vft.r no ..a.t~. lmp.ir~a,snc or dece~oraciow ot .ud prope~sy ot .ny part t.h~SOL
a. 7b par .11 aad si~ular che oo.c.. ehargw and s~cp~s~s. includ~n8 *~bb law~er~• fee. .nd oosc d
abstraecs of title. ineurred or paid at•.nr cime by sa~d Marcpg.s beeauss andrar ia t1N eveat ot ths failue+~ an the
p~rc ot th~ ,aid Moet~or w dnly. p'ompth? aad tu11s PrMn+?. d~ch~ra'~. eucuce. sftecc. oomplet~ oompb? with
and abWs M eaeh aud eve~ t6~ ~tipnLfi~u. a~sem~t~. ~d aoveoanta af ~aid peomia~a~ nob, ~nd ;
this ao~tg~8s• anY ar ait6er. and uid eo~ta. ch~r~e~ aad ezPsn~• a~ and every. alull bs imtnediatet~? dns ~nd ,
pa,rab4. wAet6~r or aot tMrs M notioe. dn~nd. attempt to colieet o~ sujt pa~: ud t6s tul! ~moant ot e~ch a
and every weh ~Pq?ment slNll be~r interest fran ths dtte tl~ersoi uadi pairl at tAe nte of ten per~ceatnm pa i
aanum: .ad all said eo~t.. d~argN +ud ~ so incnrnd or paid~. todathK wtch auch incare~c. slull b.s~ve~ed by i
tbs Iwa of thi~ enortR~-
8. Tbat l~) in t~ aveot of mr bee~6 of thia mortsa~ or ddsult on ths p~rt oE ths Matsi~. ar (bl in th~
• evant asy ot aid sams ot monsp Me+ein rel~ed W b~ not pro~ ud tulty p~id witbin t~n daps u~zt att~r tlr
wa s~vrali~? beoo~ dns and pa~+abl~. without dem~cd o~ notioa o~ (c) in tbe ~veat each and ev~r tbs ~t~latioo~.
a~reem~nt~. ooodition~ and oowwnt~ ot Mid promiaory aot~ aod tbit aortsaaa, anr or rithR. ari not ~r.
P•'~P~b •na tnlir pe~tamed. disehu~d. a~vicea. efiect.a. oomplsted. oamplied ..itB .na .bidea by. cbn, in dce.r
or e~ evaat, tLs said ~~~te sum mentioned ia said proani~ory note than nmainip8 ~nWfd. w[th m~'~
acwed. aud a~ moosri sseu*d Mb7. sh~U become dw and p~pabls tortAwitl~. or tMeeaftK. at t6s option d said
Mort;~~es. as fnitY and co~t~iy as if aU ot th~ ~aid wm~ oi nomay ware orisio~lly stipnlated to b~ Pdd on
sneh dar. anythins in ~aid prnmia~ory not~. aad or in ~ t6is mortPB's to tl~s eaa~trar~ notwithstaodin& aud
tAeroupon ar tMre~tt~r at tLe option of Mid Mortiaaes. w[t6ont notioe ar damand. suit at law at in eQuity.
tbecetofore. or thereafter be~un. may be pco~seut~d u if ~ moosys ~ecu~d h~reby bad matueed pria~ to its
institutioo.
T. 7lut ia the evtnt tLat at t6~ be~inning of or ~t any tims peoding any suit upon this morte~8'e. or to foreclws
ik or W rriocm it, andlor w e~force p~Yment of aey cW~ h~nuader. said Mactgage~ sball apply to the oourt
havhis jurf~dietion thu~eof tor t6s appoiatioent ot a Itec~ivar. auh oaairt shaD fathwitb appoint ~ Reoeivar ot ~id
matga~ed pT'ope~t7. aD and singular. inch+din8 all tad singul~* t6s rants incorne pro6t~s. isaues and rsvenusr from
wl~atever iouree dKived. e~ch and sverY of which. it bsing ~P~? nnderatood is hecebY ~6~6~ .
~ specificaUy set foKb ~nd d~en'bed in t~?e gr~nting and 6~bead~m dauaee horeof. and sneh Aeoeivar s6aD ~ave
all t6s bro~d and eiEeetive tunetiona and powers in anywise enw~ted by a court to a Receiver. and such ~ppointment
! s6aU be made by saeh eourt u an admitted equity aad a matter ot absolute right to esid Mortgagee. and witl~out
I refer~eaee to the ~dequacy u* inade9w~Y of the value oi t6e P~P~Y ~BeB~ or w the solvency or iasdveocy?
'r O~ Mil~ ~Oltgaa0[ a[idlOt Of th! ~EOVants. ~ th~t S11Ch TlQlts. P~'Oflt#. iA00ml. 1ifqM ~ t'evlD11ls s6~ b! ip~f~lE~ .
~ Wtb R!Cl~W[ LO ~~!l SlldlOr lQtil~y O~ sild ~C[f$a~ i11d ~~I! ~CCICa O~ WCb ODO[L. ~
~ 8. It is und~nt,ood aod a~esd that this moK~+~s ia givan to sxvrs. in ~dditioa W the nota cr ob~ation ;
abovs dNaibsd anr additioa~l ban~ ar inturs advana~ mads w[thin tw~entr yeers trom date 6e:eof by t!r mortaages
w..id m~orsa.sor. or .a~ woo...or ia ctw ot .~id mo~c~s~or. ot sh. propKcr bxsbr co~!veyed: pamr~ded c6.t c6e S
total unp~id bdanca oi ths indebted~ss seaued 6e~sby at any ons tims e6a11 not ezeeed the mazimwn p'ciaciql ;
~----------------------D°lltr° ;
~ac ~f NINE TH~~I SAND~I~IDRE~t ~~N (;9210.0(~} ;
~ (s 1. P~ inte~~ed tAereoo wy ts y the mortaags~ or
tbs pa~nent ot t~es. Isvies ar inw~ranoe
0o t6e proQarty encnmbered benby. wit6 inteeest on a~cle disburssmeats.
~ IN WITNE33 WHEREOF, the eaid Martga~ haa e:ecuted this mortg~ge under ss~l oa the day and year l~erein
firat ~bove writtet?.
3i~~ed, ~led and delivered in ths pressnce ot: v
. j!'f ~L'~h~iz.('o
~ . ~ 13EAL1
•
;
. ISEAI.I ;
r Ma a A. McGinnis
~ 3TATE OF FLORIDA
~ OOUNTY OF 3['. LUCIE ~ ~ 1.~ - .
~ Jack L. McGinnis and Mar3a A. McGinnis; h#f:~~.of
~ setote me per.ooaur .ppe.rsd -
i " ` 'i'=~~i' ' 1i •,~''r..
; 715 Ravenna Circle Re noldsbur Ohio 43068 . -
, . ,
~ . ; :
. ' .
t0 ID~ wdl knawn and Im0~w0 t0 ID~ t0 be tJw indtt?idW1S dMaibld in ~ad wb0 ~bd ~ ~ G„
~ad aekno~wlsdpd b~iae+~ m~ t~t t.h~...~A~zea~ted tLs ~ams tor tA~ p~apose~ theae3a r:r.- «
12th _ ~ ss;~ h r
w~/ ~.Y , y r.~.._~.. ~
WITN638 mr l~ud and otBcW ~sd tbb d+r o~ .
:
e4~ i
.
~ . - ~c~
- ~
~ c, B pR~c 312 ~AGE 37~ ~Caro~J
: ~1 es -
. . ~w~n s, i~ _ ~
- ~
~-~~~~~.~:~t~.....~.:~ ~ ~ , - - - - - - -