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Home My WebLink About0429 i' ~ . . . 450488 . ~ • !9T9 .f~. -9 i~l ~ 16 ~ ~ - Rf60MYERiiIEd ' ~6a11 l~aw the optio~ to cecsiw aa~d ~pply tlie sams on ~ooo~nt ot tbe indsbtednew ~ecured Merby or to permit wid Maeta~gae to reoeive atid w~ it ar aap part cA~eof tor otha~ purposN withont tlwcsby walvins ar ta~pairlog ~n7 equity. liea or riaht under or by vQtw ot tAis matg~as: tqd in tlie eva~t said Mortgaaor ~Aall !or aqp e~e~~oo . hil to ke~p tAs stid prsmisM so in~ured. ot tail to deliver pe+omptip aay ot aid polieis~ ot in~uranos to rid Mo:taage~ or hil P~WaY ~ PU? ~~Y P~'a~wn eMretor. or in usy e~pec~ t~il to p~tiocm, dLd~r~, esente. eHect. oanPlece. coaop~? ~rith aad abide by this coveaaa~ or any p~rt i~ereot. ~id Mat6a~s may pl~os aad P~y for snch insunace or any p~rt tMreoi .rithou~ w~tvina or affeainB a~? aQtion, lien. eqnity or risht ~ or bp virtus ot this awrtsaas. and t6~ fnll u~wunt ot e~ch aad svsrY s~ P~yre~t shall be immediately dw and payabls and shaU bear interNt tran tLs d~te tbareoi uetil paid ~t ths nie of t~en per oe~Wm pee aanam and toaetAer witR snch fate~e~t ahall be iecund b~ t6e lien of thL m~rtg~ga. 4. To permIt. eom~nit or snNer ao wast~. impairment ot deterioratioa of said P~'~7 ~~Y P~ ~t. 5. To p.y an .,~a c~ eosa. char~s and ~pensss, inch~ding reaeonabb lawyer~s fes. .nd oosc of abstracta of title, innured or paid at• any time by satd Moctgagss bec~use ar~dla in tbe avent oi tht fdlnrs oa tM part oi ths aid Mortsagor to duh. Prom~tlr and fullp Pertonn. di~ch~rgs. s:ecute. eHeet. aomPlete. oompb' witl? and ~bide by each and every the stipnlation0. ~~ments. ooaditioni aad coveoants ot said p~omi~sor~ mt~ ~nd tAls mortgase. any a~ ather. and said ooets. clur6es snd e:peeses. e~ch and every. ehsU bs immsdbtely doe and P~Y~DIs. whethe~ or not thare be twtioe. dea~and. atte~npt to ooliect ar suit pending: and the tull anaunt of e~ch and every sueh p~yment a6a11 bs~r interost froaa the date ti~ereot until pair! at the ata ot ten per cenwm per annum: ~nd all said oosta. clurges aad ~penses so incurred ~ paid, to~ether writh such intenst. ahall bs secnred by t6e lie~ ot this mo~tgaas. 8. TAat lal in ths eveat ot aar bresch of t61s mortgage or default oa the p~t of t,he Mortargor. ar Ib) ia ths • sv~t aay ot said sums of nwney berein reterred W be not P~~P~Y ~~Y P~ within te~ d~ys as:t aft~er the sams sev~ally beoome dae aad P~ribM. witbout demaad ar notice. or Icl in tbe event each u~d swery ebs stipulatioos. age~coents. condttions and ooveatnt~ oi sdd promi~sory noLe and tlds mortg~ge, any or eit6er. not dn~j+. promptly aad tuUy perfortned. dise6arged, esaeuted. eHect~d. oomPleted, emaplied wit6 aad ~bjded by. tben. in eitl~ or any sucA eveat, tl~e sijd ~~te sum r~tioned in said promi~eory note then remaining nnpaid, with interest accn~ed. and aD moneys secnred Mreby. ah~ll become due and payable tortbwith. or tho~fter. at tl~e optan of a~id Mortgagee, ~e f~illy and oompktely as ii all of the said snms of nomay were originaIIy stipulatsd to be p~id a~ such day. anything in wd promissory nota aad or ia this mortg~ge to the e~trary notwithstaadin& and the~eupon or thereaft~ at ths optioa of s~id Mortgagee. wilhout notioe or danaand, suit at !sw or in equity. theeetofore. -or thereatt~ begua. may be pcosscuted as ft all money+e secured I~eby Sad mat~u~ed prior w its institutioa. ~ 7. Tlut in the event that at tl~e b~ginning of or at say tima pending any suit upon this mortg~ge, or to foe+ecbse i~ ar co roform it, and/or ta enlorce paymeat of any claims here~nder, ssid Mortgages eball ~pply to the oourt h~ving jurisdiction t6ereof for tbs ~ppointmes~t of a Reeeiv~. suc6 co~rt shal! [orthwit6 ~ppoiat • R.eosivar of said ~ P~Pet~Y sinBu4r. inciuding all and aingular the rents income pro~its. isaues and rovenuee from whatever sonroe derived. e~ch ~nd every of whic~. it beiog esprealy underatood ie heteby maigaged as if speciticaliy - set torth and described 'm the gru?ting ~nd habendum clauses h~reof. aad s~eh Receiver ehall I~ave ! dl tbe bro~d aad eHective functions and po~rera in anywise entrusted by ~ court w a Receiver. and auch appointment ' sAall bs made by wch oonrt as w~dmitted equity and a matter ot ab~olute right to eaid Mortgage~, and writMut ~ rcfetenoe to the adequaty or. inadequacy of the value ot t6e property mortgap~ed or to the eolve:?cy or ineolveocy E of aid MoKgagor andlor of the deieadants. and that suc6 rents, profits. income, issues and revenues s1uD be applied ~ by snc6 Reeeiver ~ding to t}k kin and/w equity of said Matgagee aad tl~e pnctice ot snch oonrt. ~ 8. It is undaratood and ~gresd that this mortgaas iu give~ W sscvre, ia addition to the note o~ obtigation ~ above de~cribed any additioaal loens or tuwre ~dvanees m~de wit}~u tweoty ye~rs from dats hereof by ths mo:tg~gee to s~id mortg~gora or any wooee~or ia titJs of aSd moctga~ors of the P~'aP~tY ~Y ~~Yed: provided that ti~e total unptid bdance of the indebt~ednes~ secured hereby ~i any one time ehaU not a:ceed the muimum prineipd .mounc ot SEVEN TMOUSAND SEYEN HUNDRED TWEN7Y TWO (7,722.00) nou.rs ~s 1. plus iAceresc che~eon ana .ny aisb~rsemeats ~n.ae by cee morcgaaee tor ct~e p.ymenc ot cues. levies ar ins~anoe on tbe propercy encumbcred hereby. with interesc on such disbursemeacs. IN WiTNE33 WHEAEOF, the said Mortgagor 6ae e:ecuted thie ~aortgage under seal on the day end year h~rein ~ fiirat above written. ~ Signsd, se~led and deGvered in the pre~ence of~ . ~ 13EAL1 ~ s a g (SEAL1 ~ Ja Thomas ~ 3TATE OF FLORIDA ~ ~ - ~ OOUNTY OF 3T. LUCIE ~ eer~ ~~~~.uy .p~a Fred Thomas and Jani ce Thomas , hi s wi fe of 12600 SW 80th Ave ~ Miami, FL. 33156 _ :u:~+s~,, ~ - ~ , - ~ : to ms wdl known and lmown to a~ to bs tbs individwLS. deseribed in and who e=eeoted the toregoii?g r_: ~nd admowl~dgsd befor+e ms thtt t.b~... ezeeuted the wms for tbe t6erein e ~t` ~ P~P~ ~ ~ . y, ~ wi~ss my b.aa .,,ra c~ 28th o~ Aug. ~'~jr : r 4%- otary Publk in md _ ~ . Q:.' °r ~ - ~ ths County ~nd 3tate ~ ' ` ~ y ~ : 5o~x 312 PACE 427 ~ - = ; . r= _ ~ ~ty e~.io"~"~;,= f,: ~ _ h„F. ~v . - - _ _ . w:,:~ .