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HomeMy WebLinkAbout0444 r . . . 450494 . ~9T9 JUI. -9 ~!I ~ 17 KE pA - ~t CUttW • T RE~pRp VERlf1E0..._- ` ~h~D luw tM optioo to receiw and apply ths sams on ~ooouat ot tl~s indsbtednw ~seund INnby or to p~it s~id ~[ort~aaor W noeiw and w~ it at u~ part tMnot tar otl~er porpo~ witLout tlwceby waivlo~ a~ imp~iot ao7 «Nity. Hen or ri~ht undae ar by virtu~ ot thie mortgsgK snd in tM ewat wid Marta~ dWl tor wy eM~ Gdl to ftMp tM ~d pre~i~ w inaured. or tail to detivee pe~o~ptl~ aqy ot Mid poBeiM of bwte~a~o~ to Mid Marc~aaes. or htl prompcly co wr anr pe~mi~m c6e~sfor. or ia .ay ee.p.et i.ii co v~etarra. di~at~„ e:cute. efhct. oomP~• ~P~7 with and abide by this coveaan~ or any pvt hereof. s~id Mo~taa~ m~7 pbos u~d P~7? for sac6 insur~uos or aay part thereof witbaut waiving ar af[sctinq any option. Ifsa. puitp or ei~ht nadK ar bp virtw oi this mortg~g~. and t6s tuD amount ot e~ch and ewry such paymsnt s6aU bs ima~ediateh dw and p~,pabis ~nd ~hall beu iate~wt from t1N date tl~st+eot until paW at tbs nte oi tea psr oeatnm pee ~aanm ~nd toptl~er with snch intere~t shdl bs ~sen»d by the li~ ot tAi~ mat~aas. 1. To permit, eommit as mfter no wast~. impairmeat ar deteriontiow ot said prope:ty or anY p~rt tl~eof. b. To p~r ~ll.and singular the costs. chuges and ~psases, iacludir?g re~so~abk lawyar'~ fes~ and oo~R ot ~bstracta ot title. ine~rred or p~id at• aay Wne by eaid Mortsagee because endlor in the eveat oi ths taDurs uo tLe part ot ths sdd Mort6~~ ~~1Y. P~7 P«'~orm. di~et~vee: eucvta effeet. oomi~• ~P1Y and abide by e~eh aad avery ths stipul~tions, agreamsat~. eonditions and omreaapts ot ~aid promi~? note, and this moKgags. ~ny or dthdr. and sdd casts. chargM and espenss~. e~c6 aad every. ~h~ll bs immediataty dus and p~rible. wbsthsr or not there be nuciee. dun~nd, atte~npt to oollect or ~it pending; and the iWl amouat ot e~c6 ~nd rvery sucb payme~t sl~all beat int,erest trom tbe date tbereof until p~irf ~t the nte of tes~ p~ oeaWm per anaum: and ~11 said eosts. c6argss and e~peo~e~ so inenrred or paid, to~ethar with suc6 inta~e~t. shaU b~ ~eevred by the lieo of tAis mort~agr. 6. That IU in t1~s evsnt of aq~? beweA W t6is mortga~s a~ d~auk an tbs part of tLs lYtat~~gor. or Ibl io ths • event any of aaid wtms oi awosy berei~ r~hrr~ed to b~ not promptly and fuUy p~id witdin tat d~~n m~C attK tbe ~ams ssveralip beooms dns and Papabb. witbont demand a~ notiea c~ ic1 ia the svee?t er~c6 and e~ne~ tbs ~tipulatioos. +8reement+. oooditjons ~nd cov~eoanta ot wid promis~ory nots aad this moctaaas, any or eitl~. ~n not dn~?. P*amP~Y ~d ~Y P~a~• dise6uaed, ezseuted. eHect~d. comFleted. oomplied wit6 and ~bidsd by. tlren. ia either ar ~ay snch event. the said aggre~te sum meationed in said ptomisroq? note tbea remainins nnpsid, wifb interest accrued. and all aansys secured Iwr~sby. alull bsoome dw and payabls fo~tl+with. or thae~itar. at the optia~ d ajd Mo~tgages, as fulb? and oompktely as it aU ot the ~aid ~ums of nomsy were oriainaQy stfp~i~ted to bs pdd ou aue6 day. anytAiog in said promissory not~~ ~ad or In thi~ matsags to. ths rnntrary notwft6~taodin& and tber~pou or thereakar at tM optioo of sdd Matg~~es, witbout ootios or dam~nd, suit ~t 4w o~ in eq~dty. charewfora or t6ere.ker beg~n, may be pco.scuc.d u if all moneys s.cur+sd Mrsby had m.cured prio~ w ia inatitution. ° 7. '1b.c in we event tbac .c tbs bsginning ot or ac any c;ms pending any ~u;c upon tbts morcgags, ar co torecbse it, or to roform it, and/or to enforoe payment of any e4i~ns 5ereander. said Murtgage~ suall apply to tLs oourt h~ving jnrirdiction thsrsot for ths ~ppointmaot ot a Raceiv~. auL eourt shall tati~wit6 appoint a R~aivK at ~id ~8~ P~~Y s~~. ~~~8 ~Il ~nd singnlar t6e raats inoome pmfit~. issues aad rwan~ teom whatevar souros derived. eaeh and every of which. it b~iag esprswly understood is hereby mortgaeed as if i specificdfy sat fortA and dearibed. in tl~e granting and habendum c]auees hPreof. aad auch Rsceiver sha11 l~ave ; a11 t6s broad and eHectiva tanetions and po~rera in anyw~ise entrueted by • oourt to a Receiver, and auc6 appointmeat i shall be made by such eourt ~s an admitted equity and a matter of ~beolute right to said Mortgagee, ~nd witlant ; referenee to the adequaey or inadeqwcy of the value ot t6e property moRtgaged or to the solvency or fnsolva~cy ~ ot said Mortg~gor ~nd/or ot the detendants, ~nd th~t such n~ts. profits, inoome, iswes and reveaues s6ai1 bs applied by ~uch Reeeivar aewrding to t6e kin and/~ equity of said Matgagee ~nd t6s praetics of auh oaurt. i ~ 8. It is under~tood and agresd t6at this mortga~ fs giva~ to seeurs. ia addition to the note c~ oWi~ation abovs dssczibed anr addltbn~l lo~n~ ar fatura ~vance~ m+td~ within Cw~Y Ya~r~ irom dste 6ereot by ths moetpge~ to s~id mort~a~or~ o: anr snoces~or ia titis ot wd mort~s of tbe proparty heeeby convsyed; providsd t1~t ths total nnpaid b~lanoe of the indebtedness secnred 6ersby ~i any ons tims ~hall aot ~ceed t6e ma:imum ptincip~l •~n~ ai TEN THOUSANp EIGHT HUND(~ED THIRTY EIGHT ~10,838.00).~---------~~ Is 1. Ph~s intere~t tl~ereon and any diebnrsemeats ma by tbe mortg~gse tor p~yaisnt of t~es. kvis~ ar in~nnos on t6e PropercY escumbered hereby. w3tb interest on suth disbnnemeuts. • IN W11NE3S WHEREOF, the eaid Mortg~gor has e:ecuted this mortgage und~ ee~l on tbe day and ye~r haesin first above written_ ~ Signed. ~ealed and delivered in the presence of: / f D L ~tt.Ls ~ ~ . . ISEAI.1 • r. = ISEALI k era e ~ STATE OF FLORIDA ~ ~ COUNTY OF 3T. LUCIE ~ 9 Mary N. MacIntyre, M. D. and Vera Cathen~rood ` of 438 Mountain Brow 61vd., Hamilton, Ontar9o, Canada L8T1A7 ~ i - ~ to ms wrU kno~wn and lmo~wn to ms to bs tbs indivjdval~. desc:ibed ia and w6o Ip~t, lC~DCw~I~fl bllOf! m! LbtL t,..~. !=!C{iLOd LII! MOM IO[ ~~UpOM~ ' ~ - . • ~ ' . • j _ . vVITNESS m~? b.na .na otf~a.~ .e.~ chi. 8th d.y or F-" ' ,P: . , ' ~ ` ~ • ~ , . . ~ k ' f •;..a~. w~a. ~ B~J~l~312 PAGE ~ Mr. ~ ' :•.«~~s ~ ' NarcH''~;~ ~ ~1~~82 ~ j ; ~ ~ rt.. r.~ _ ~ . _ _ . _ _ -