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HomeMy WebLinkAbout0464 i~~ ~ , ~ . 450502 ~ ~~9 .~t!!. •9 AM ~ 30 ~ RE ' T ~ ~Cpgp ~RlF1E0_ ~11 dw tbe optbn to r~aiw and apply tAs sams on aooonnt ot tbs. iodsbtadn~a Mcurd Mr~by or to p~rmit •aid ~toetas~or to naiw and uM it at aqy p~rt t6a~ot fa otbK pu~w~s~ witbout tdt~r waiv~oa oe impairiea W pdty. li~n or ri~At nadK or by virws ot this moctgaaec ud in ths event ajd Idartga~oe ~aD [or a~pr rMwo taD to ke~p tM nid premEse~ w insurod. ar tail to deKv~ penmptb? any ot Nid po~iciM ~ iaur~n~a to Mid Mortp~ or tail R~P~Y ~ Wy ~~Y P~um tbe~etar. oe in aepr respect t~il to P~iano. d~ar~. escnte. efteet. oomP~ ~~PU? with and ~~de by this oovsnaak or ~ny p~rt bereof. s~d Mo~t~e~ m~1 P~ ~ . pq? ta~ auh insuranoe or aa~ p.rc tt~e.eot wichouc waivins oe atieccing anr aption. lka. eqnih? or ri~hc uud.r ar by virtue ot thi~ mortPes. ~ad tb~ tufl amoun! of e~ch and w~y such p~~t shdt bs immediatety dw and pq+abis ~nd ~hWl bu InteeNt tcoat the date lhersot until paid ~t ths rate ot tea per aenwm pe~ aAnwn and taeet~ with sncb intere~t sFull be aeeund by tbe L'en of this moet~s. - To psrmit. eommit ar anHer ao wasts. impairn~eat or dstarioation oi said propKty or any p~rt thereot. 6. To p~y ~Il and ainaular the aoet~. clur~ss and sspensss, inch~ding re~sonabb lawyer's tes~ ud oost ot abstr~ets of title. ineurrsd or paid at• any tims by said Mottgag~ee because aad/or in tbs event ot tbs failurs oa the part ot tM said Mortaago~ to dnh?. p~omptb+ ~nd fnIIy paform. dischar~s. e:ecvte. effect. a~. oo~r with aad abids by e~cb ud every tM ~tipulation~, sgr~s~ao~ta. oondltbo~ aod oovaaaats of said promi~orf nob. ~ad this caoctgage. ~ny or either. and said oosu. chu~ss and apenses, e~h end every. sh~ll be immedi~t~r dus and P~ri~. whsthe~ or not thare bs notioe. demrnd. attempt to cdieet ar auit pesding; and the in11 amooat o( each and every snch p~ymsnt shall bs~r int~erest han the date tba:eot unW pairl at tM nte ot ten psr oentum pe~ annwn: and all said oosta. cturgss and ezpe~uss so {ncurred or paid. W~atl~ witA such intensk sball bs ~ecured by the liea ot thi~ mortgage. 8. That in c6e event ot any brs~eh ot this niortgags or dsfa~lt oa el~s paet of tAs Moecpaoe. ur (bl in t6s • eveat any o! iaid snm~ ot money hersin refrrsd to be not p~omptly ~nd fullp paid witl~in tan da~n nsrt aif~r t6s sams savanl~y beown~ dus and payabb, w[t6ont de~nd oe noties. ar ld in ths event e~cb and svacy t6s ~tipnlatiotn. aareem~nta. oonditioo~ and oove~nts of Mid promiswry nots aod tJ~ mortga~e~ ~ny or eithar. mt dn~?. promPdp ~nd inny P~ormsd. di~ct~arged. e:eeuted. eHected. oompbMed. aoQUpbed wjth and abided by. theo. in eithx or ~ny snch eveat. the wd aggregate sum mentiooed in said ptoreiwo~y note then remainins unp~id, wfth ~terest accrued. and aL monsys .ecared l~sby, sl~aa0 beoome due and p.yaWs forchwic6. or chereatcer. •c c6e optioa of said Mortg~ges, as tulb? and .compistety u if ail of tlis ~aid aunu oi aomeY ~~S~Y ~ted to bs paid_ on sueh day. anything ia ~aW proeotaory note. and or in this mo~tg~ga to tbs e~trary ~wtwithstandin~ ~nd thece~poa .or thereatter at t6e optioa of s~id Mortgagee, without natioe or damand, suIt at law o~ in eq~dty. tl~ecetoto~e. or tuece~fter begun. may be pro~etuted as ii ail monrys secured Mrebq 6ad m~tured prior W its ~titution. 7. TRat in tbs event that at tbe beginning ot or ~t any tims peoding any ~t upon this mortgags. or to fa~eclws It, ot to »t~m it. andlor to e~foros paymsat of ~ny eWno~ bsreandar. aaid Mat~aaea s6~ll apply to ths owrt having jnefidiction th~reof_ for the ~ppoint~oeai of a Beceiver. wd~ ca~rt ehaU fathwitl~ appant a R~o~iver ot said ~8'~ P~P~7 ~~~d all and singular tbe ces~N inoome profits. issues and rsvea~ss trom whatever wun.e dui~red. e~c6 and every ot which. it baina e~ly imder~cood is hereby mortg~ged u if s~pecifieally set fort6 and de~aibed in the granting and lubendum elansea hereot. aad auch Receiver s6aD 6ave atl the broad and eNective tunctions snd powe~a in anywise eatrueted by ~ co~rt to e Receiver. ~nd eneh appointment F ehall be m~de bq such oourt as m admitted equicy a~ a autter of abaolute right to eaid Mortg~gee, and wit6out f nferenoe to tde adequacy or inadequacy of the value of tbe property mortgaged or w the solvency ar insolvency ~ of said Mo~tg~gor and/or ot the defendants. and that eueb reats. ptofits. inoome. issuee ~nd revenues ~h~il be qrpiied ~ b3' mCh Reeeiwr ~oou:dIng to the kin and/or eqaity ot s~uf Martgagee and the practics ot euch oourt. _ 9. te is undentood a~ ~greed eh.e cbis moregag~s ie ~iwn co .aeur.. in addicioa eo ehs noea or obtigation ~ above de~aibed ~nr additbnal ioaw ar futnre adv~no~ mad~ within twmty ye~n [rom date bereof by tM moetaages to s~id martpg~on or anr snoos~sor in titls of aid mortga~n of ths P'o'P~cty ~nby con~eYed: ProvWsd that tbs total anp~id balance ot the indebtednese secured hereb at an ons time shall e:ceed the ma:imum pdacipd amo~nc ot ~IX THOUSMID FOUR HUNORED S~XTY 1~M10 (56462.00~-----------------oo~rs li 1. plus interest theeeon and any disb~usemsnts m~de bq the rnortg~gee tar t6s p~yment of tazes. Isvies or inseaanos on the proQerty encumbered hee+eby. ~rit6 interest on suc6 disburssmsnta. IN WITNE33 i~VHEREOF, the said Mortg+~gor bas e:ecuted this enortg~ge under se~l on t6e day and year Mrein firat above writtea. 3igr~d, and deli j~ tbs of: ~ r] . ISEAL) ~ d E. 4 ISEALI ~ 3TATE OF FLOAIDA J e ~UnC ~ ~ . ~ COUNTY OF 3T. LUCIE ~ ~ Noward E. Lynch and Jane Lynch, his wife of - ~ Before me pe~sonaIIy appe~red . , : ~ R.D. 4, Box 331, Apollo, Pa. 15613 ; - . - ~ ~~i . . ! ~ . ~ to ms weU known and Imo~wn W m~ to bs t6A indtviduaL.~ dNaribd io aad who aeCntd tb~ 'lon~ ~o~tp~st. . ; . ~ ~nd ~owi~ds~d b~fon ms t~t e~cuted tws ~ame tor tM p~apwe~ tliereio aspt+~d . ~ ' ffi . - ~-f'~i~r. ~ . i ~ wrr~vESS mr b.oa .na ofnd.i ce;. 26th ~ Novefpbe9r'-~~ " , ~ . . ' . . ~ ~ Notae~r PubticI : ti~~S•`- ~ eoo~ 312 P~~E 46Z `~~~g `~f: e,4~ My comm~ioa ~spbn~ • March 8, 1982 ~ , . ~ _ _ . - - - _ . - _W. .r..~ : _