HomeMy WebLinkAbout0405 i~'
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~6aB baw tM optbn to e~eaiw sad apply th~ sams oa aeoount ot tl~s jndsbtedn~ Meurd IwnDy or to p~ranit
~aW Nc~~ to reaiw and uN it oe wp p~rt thenot tor ot6K putpo~ witMnt tb~erbr wdviot or impdriog ,
aq~ paib. lien o~ eight utdre or by virtus ot Wa ~~nd in th~ event s~ld Noetga`o~ ~uD for at~ te~~on
hll to bq tM ~aid prsmi~ so uwred. cr tai! to deNvR promptb W~ ot Mid pdklN ot hiwtrtaa to Mid -
Mortaa~, or hil prowpt~? to P~Y ~7 ~ P~um tl~e~efor. or ie atqr rerp~et hil to patam, di~6arp,
escnts. st~eet. comP~~• ~Pb with and abide by tbIs oov~enant, or aQY Part hereof. ~aid Ma~taase~ m~1 P~ ~ ~
pay tor .uee insuranos or .cu? p.rc chereot .~ichoac ...Ivio~ or .tteatng anr a+t+on. lieo. squit~ or risec nnder or b~
virtw ot tl~ eoo~t~p. and th~ fuU ~moant ot e~eh and ev~ we6 p~~nrnt a6d1 b~ immedittel~ dw ~od prq?abls •
aod ~b~ll bu int~eM! from tly dat~ tMeeof mtil pRW at ths nte ot tea psr oentum pr annnm and W~e wdtA
sne6 iateewt shdl b~ seca»d bp tM liaa~ of t6is mortg~. .
To parmit, ooaamit or wH~ no wa~. i~aWirmsnt or detarioratioa ot s~id P~P~ty a~Y P~*~
6. To pay dl ~od ~ingnl~r tlie co~tr. char~ aed a~enea. ~r?cb~in8 reasoo~bis lawyK't t~es ~nd ood of
abstract~ oi dtis. ineurred or p~id ~t• aay tjms by nid Mortgages becaws andlor in tM eveat ot tbs ta~ure an t6s
pat ot tbs s~id blatsa~or to dut~. prompttp aad inQy Pee'[am. di~cdrgr.~ e=ecuts. etFect. oompbb. oomPb' wit6
and abids by e~ch and every tl~s ~tioo~. a~nta. oo~ditioo~ and ouveaants of ~aid p~omiMOry nats. and
this mo~ts~ge. any or eitMr. ud said eo~ta, char~e~ and espsnse~, e~eb and every. ah~ll b~ imoo~diata~? dns ~nd
Wy~bis. wMther or not thee~e be uotios. de~nd. attempt W collect or snit pending; ud th~ full amonnt o[ e~cb
u~d e~vet' such p~ymeut shaU be~r ints~set hom tbs dats thereot antil p~id at the rate of ten per cenwm per
annuto: and aU aid costs. ehaM~ ~nd ezpense~ ao incurred dr paid. toaatl~er with sueh inteewt. sh~ll b~ ~ecueed br
tLs lien of t6i~ mortgaes.
8. That (a) in tb~ ~*ent oi ~ny be~eA of thL mat~s cr dda~it oo tlis part ot the Martp~. cr (b) io t6s
• event any ot aaid a~ms of moasp Me+eiu rehered W b~ aot p~omptty and fuQy p~id wit6in tw d~~~ e~t a[ter t6s
s~ wv~rall~r beooa?~ dw aad py?abM~ withaut demaud o~ notiee. o~ kl in ths ~vant e~ch and evarr tbs ~tipalation~.
agiee~nta. oo~ditions ~ad aoveo~nN ot Nid prooni~soe7r note ~nd t!~ aro~t~s, my o: ~itber. aer not dnt~?.
Pr'~mP~b ~~Y P~'fa~ ~uted. eftect~d. oompieted. oowplied wit6 wd abidsd by. t~6eo. ia either
or a~? wcL eva~n~ tLs s~id a~ate wm meotionad in~ iafd p~miNaq? note tbeo reauinin~ unpaid. with iota~e~t
~arued. and all m~r~ ~eeured Mreby. slu11 b~ooms dne and p~pable iortl~wiN. or thereafter, at tbe option d said
Mo~tsages, u tulb? and ~pletdy as it all of ths said som~ of nomey wero originaUy stipul~t~d W bs p~id or?
soc~ d~y. anythioa in said promisao~y note. and or in this mort~gs to ths eootrary notwit~rtaodin~ ~d
thareu~wn ar tMe~ft~ at ths optiaa of s~id Matgsgee. w[tbont aotioe a dam~nd. suit at law ar in eqnity.
theratofaa or tMreatt~ be~n, maq be pmsecvt~d u if all monsys sscured b~rsby bad asatnrad prior to ita
i~utitn~ioa.
T. '[~at in the eveat that at tl~e bsginning ot or ~t any tims pendjng any suit upoa thi~ mortgags, or to foeecioss
it. or W rsform i~ andlor W enforos p~yment of aey claimr .hereut~der. said Martgage~ sball apply to Lhs aourt
h~vio~ inrbdiction tb~eof tor tl~s .ppointms~c. ot a Reoaiver. a~e6 court shdl tathwit6 appdnc a R~oeiver at add
mo~tgaaed WoPerq aQ and singular. inch~ding all urd singulu tl~e rants income pw6ts. isaues ~nd rsvenues Erom
wbacevar ~o~uns d~ived. each and everY ot wdich. it bdns e~prwly ~nderacood is hereby mortg~~sd u ii
~psci8ca11~? set fortb ~ dacn'bed in tLe grantiog and lubeadom cJauses hereof. and snch Reoeive~ si~ 6ave
all t6s brosd and eHective tunetions and po~rers in anywiae eatrasted by a ooart to a R,eeeiver. and sue6 appointa~t
; shatl be made by such oourt u an admitted eqnitq and a matter ot ~beolate~ right to eaid Mortgagee. ~nd witlwut
f referenos to the adeqnae~ or in~dequary of tl~e vdue ot ths prope~ty mortgaged or to the ~olveacy or insdvsacy
~ ot s~id Mortgagor andMr oE the de[endants. and ttut sucA ranti. Pro6ts. inoom0. iss~es and revenues ~hat{ bs applied
k by sneA Reeeiver aooording w tbe leio and/or equity of ~dd Ma~tgagee wd the ~ of auh oonit.
~ 8. It is andentood and ~ge~esd tLat thia aoort~age is giwo W securs. ia additbn to ths note e~ ob~iption
abo~vs de~er~'bed aqr additiooal lo~n~ o~ futars ~dv~nees m~ witAin tw~eaty ye~ra [mm dats heroof b~ tl~s mort~ages
to s~id m~oetg~ors or any suea~sor ia titls ot ~aid mort~ors of t6s pe+opertY henb7 oonveyed: pravi~dsd th~t t6e
tatal anp~id b~noe of the indebtednesa sscured hersby at ~ny one tims stiaU not e=eeed the mulmum pe~ipd
SIX THOUSAND SIX HUNDRED TMENTY SIX (6,626.00)
~s pbs mcereac ct~areoa and any disb~r.emsnts mads byy cbe morcg~gee tor c6e p.ymenc ot c~~. Mvie. oe ins~anee
oa t6e proparty eaeumbered Mreby. with intee+est oe a~t6 disbnr~ts.
1N WITNE3S WHEAEOF, the said Mortgagor tus e:ecuted this matgage under ss~l on t6e day and ye~r l~ein
nrat above writteo.
and deli pree~~ 6~ ~ ~
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~ ~ ~~L~.~ ,7'-~_~ ~ ~ss~ . ~
~ Francfs H. Nelson
~ 3TA7'E OF FLOB B!C 3~. n.
~ OOUNTY OF 9T. LUCIE ~
~ Anna P. Rosenthal of 201 Harbor Cit Parkwa Ind~ ~~~~t"~~,p B~each,
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~ Fl. 32937 and Francis H. Nelson of 15 Arthur Ct., Satellite Beact,r~~ ~c:~"~;;_
~ iz~ ~ . s~
~ w m~ wdl knowo and lcno~wn topo~ w b~ th~ indivjdwL.SdMa~ibed in aad wbo ~z~entd t6~ ' n. ' ~'~-s .
bf " y..
and acl[aowbdasd b~fae ms tlut Tr..6~1.. ~~ented tM Nms for tbe p~po~ tbarsin . - ,•~s" ~
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~ Notar~ Poblic ia ~~ut ;
~ ' tbe Countr ar~d 3tats ~ '
Q R 312 PA~~ 403 . ;
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