HomeMy WebLinkAbout0434 i'
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450490
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N~ A.
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~ h~w tA~ option to receiw wd appy tbe sa~ oa acoount of tM indebtednw~ ~
to p~rmit
Mid Utat~aaoe to receiw ~nd us~ it a~ atq p~tt tMerot tor othK purposM witbout t6~nbr waivio~ ar lp~iri~t
a~U? pnjtr. tien oe risht ~ndee or by vhtne o! this raort~~x •wd in tAs eveot ~aid Mo~t~or ~baU fur ~q? rw~oa
tail to icMp t6~ nld pnmi~ ~o inaund. a~ hil W dal[vK pcomptbr any o[ wid poBcM~ ot hwrano~ to Mid
1ltacs.a.., ar tail p~ompcq? w wr •M w'~~ chetetor. or in .ny n.p.ot tail co p.cl~orni, dlseb.e=w
eswt~. ethet. comPkta. oomP1~ wit6 and abide by t!~ coveoaa~ or aqq part i~eof. ~d Mcet~a~e~ m~y Dl~a ~nd
par ta~ suce insur.nos or any p.rc ceereot sric6onc .?dvins o~ aHsctins a~? optia~. tisn. equitp or ~AC wnder or bp
vietw of thi~ nwct~. and th~ tnl! smo~mt of e~ch and swry ~cb p~~meat s6a11 bs lmnaediat~r~dw and pqabb
and ~6aU M~r iaca~t iran tbs date theeeof ~mtil paid at t4s c~te ot ten pec oeatnm pK aanum and topt6e~ with
~h iat~ee~t ~baU be ~~eurrd bp We liea ot tbb mort~.
4. To pennt~ eomaols ar wtte~ no ...d~, imp~irmenc or aes.~oc:cioa ot ..;a p[~op.rcy or .ny p~rc c6eroof
6. To paY aD and singulu tAe c~at~. clur6~~ ~nd s:peassa. inch~ding ee~sooabls i~w~'~ tee~ and awt ~
abstnet~ oE titls, ineuered or paid aG u~~ Was by ~aid Mortgages beause andla~ in tl~e aveat ot tbs f~ilurs oa ths
pact oi tbs eaid lrtortgrgoe w dn~?. proosptly aad tuq~? partor:n. di~cdr~. ~ecuca etteet. oompVt~. aomPb ~
~nd abide by e~e6 aad wKy tM ~t~pnl~t~ons. +8reemect~. oonditlon~ and oo~v~enaats et Nid peoml~y note. aad
this mo~tsage. aa~ ~ eitl~. ud nid coeit~. char~ and ~psnses, e~ch aod every. sh~ll bs immdiata~? dns and
P~Y~bM. w6stl~ or not tiiers bs notiaa dea~nd. atternpt to oollsct or sult pending; ud tLe tuq amount ot e~ch
u~d evKr sneA paymeat slwU be~r iacerast trom ths date thareot nntil paid at the nte of ten per eenwm per
annnm: and all sdd oo~ts. el~asgM ~nd szpen~ so iacurrd or p~id, toeetl~er wttb sue6 intece~t. s~A~ll bs Mau+sd by
tbs liee~ of thi~ mortes~e. ~ ,
8. Tl~t ~ ths ~rent ot any bea~eb oi this mo~rtg~gs ar dshult an tl~s p~rt of ths Mo~t~or. ae (b) m t6s
• event any oi s~id snms of ononsy 6acain rdeesed w be oot Pr'omP~ ~~7 P~ within tea d~ya n~t aft~r ths
anr Mvrall~? bsoo~ dus wd pqnbi~, wItl~ont damand ar uotks. ar kl in tM weot e~ch ~nd evr~? ths ~tipul~tioas.
•~~eementa. ooaliti~ and coveo~nta of ~aid prom~ssorr aote aad thi~ mortga~s. eny or ~itber. ~n oot dnbr.
P~PUY P~ormed. dLehar6d. e~uted. effeeted. oompkted. oomp~ied writh and abided by. tbeo. in aith~r
o~ ~ny suc6 even~ tM s~d a~r~ate wm a~tion~d in aid promiNay not~s tben r+emainina nnp~id, ~~ith mte~t
~ecened. ~nd all moaer seeured hsreby. shall beeome d~e and p~yabls torthwitb. or there~iter. at the optioa of a~id
Mort~ages. ~a tnitp ~nd oompletely u if all o[ t6e eald sums ot nomsy ~rere oei~inalty stipulated to be p~id on
snch day. anything ia nid pe+aniaaory nou. ~ad or in this m~ortaa~e to tbs coatrar~ notwith~tanding. ~nd
tl~poa or thsreafter ~t tbs option ot sdd Mc~t~sgsa, witbout ao0ioe or damand. snit ~t i~w or in equity.
cherewiors, or chereafcar besna may be pro.ecuced as if all monsys s.cured 6ereby bad m.cured prior to ia
instltntjon. •
7. T7~at in ths ev~t tliat at the beginning ot or ~t any Waa prndina any suit upon this mortgags, or to foe~sclore
it. ot to rsform it, atdla to enfores p~yment ot any cLims hereunder, said Moctgages shall apply to t6s oowt
l~viag ju~isdictioo t6ersoi for ths appointment ot a Reo~iver, sue~ oaut shalt forthwit6 ~ppoiAt a Reaivee of iaid
~B~6~ P~P~~y s~r. includ~8 all and singalar tbs eents incoaoe profita. iasues ~ad rsvsnus~ trom
whatevsr ~ros derived. e~ch ~nd every of wAicli. it beina ~ underetood 'u hereby martg~~ed u if
specjScaUy sst torth wd dMCribed in the gnnting and Labsndnm dausee bPreof. and such Receiver shall liavs
~ dl the bro~d and eNective tanctions and powers in anywise entrusted by a court to a Receiver. and such appointaxat
; shall be m~de by mc6 ooart u~n admitted equity and a matter ot ~baolute right to said Morig~gee, and wit6out
i nferenoe to the ~dequacy or in~deqwcy ot the vdae of the propertq mortgsged or to tl~e ioiveaty or ia~otvaney
~ ot s~id IKorisagor andlor of the defendants. ~nd ttu~t auch reuts. Profits. inoome. issus~ and revenues shdl be apptied
b~? sue6 Recdwt aeoording to the kin aad/or equity of s~id Martgagee and the practioe ot wxh oaut.
8. It u undantuod aad aareed t6at this mortpge is giveo to ~ecnre. in sddition to tbe aote er obti~tion
abovs ds~aibed ~ny ~dditional ioan~ or tniure advanoes mads w~tbin twentr ye~rs Gaa~ dats beeeof by t~ mo~tp8'es
to s~id mortgaaor~ o~ anr w~oos~sor ia titls of ~aid mortsagor~ of t6s proparty barsby c~ve~red; pmvid~d tl~t t6s
total unpdd b~noe oi the iadebtedness se~cured hereby ai any one tims a~aII not ezoeed the mazimnm
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amountot FIVE THOUSAND SIX HUNDRED SIXTY FOUR (Z5664.00)-----------------~
li 1. P1w inters~t tbereon and any disbursea~enta made by t6e mo~tg~gse far t6s p~yment of tases. Isviss or inwuanoe
on the property e~cumbered bersby. wjth intare~t on such di~bursem~nts.
1N WITNE33 WHEREOF, the said Mortgaaor has ezecnted this mortgage under ssd on the day and ye~r 6er~n
first above written. -
3ignsd. ~led and ddivered in tbs presemce ot:
ALI
Doroth . Thomas
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~ 3TATE OF FLORIDA
~ OOUNTY OF 3T. LUCIE ~
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~ ~~y,~~ Dorothy C. Thomas of 135 E. Brandy Lane,
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~ ~Y • .s. . y: r! .
~ t0 QM w~ ~Owo tf1d. ~O'wD LO ID! t0 b! t~ ~W~... dMQ~~ wb0 ~I~RIt~ ~N V'
v: v y
iOd aC~DO'w~~ ~O[! ID! ~tt w~.~.... !2lC11Lld tb! Mm! fCr t~ pIRpOMS t~lafl~D f r'~~..
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wtTNESS my }wad .nd ot8d.t ..d chi. 3rd d~r oi : t~=?`•-~ ~
- - ~ ~ ~ .
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Notarp
~ ~ k 312 432 ~c.a
ote : 1'es ~
~ g"~, Ati..
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March 8, 1982
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