HomeMy WebLinkAbout0474 i~ •
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vull Aavs tM option w no~iw and apply t~As s~~ on ~coouat o! t6~ iads~ Mcvnd M~by o~ to pen~ .
~aid ldort~~ to eraiw aud ws it or aeq+ put tl~enot ta~ oth~ purpo~ witAout tl~abr waivio~ ar impdrins
uq? pnit,p. U~a or ri~ht uad~ ar by virtus oi tlds mortsa~ and in tbs weat ajd ~[o~tsaaar ~!1 foe w~? rw~oa
tail to b~p tb~ ~aid p~oisM ~o iasorod. or _ tail W delive~ pe~mptb? aqy ot nid polie,iN d~ut~oo~ W Mid
1ltoetp~. or tail pe+omptb? to P~Y ~~y P'~~ tMrstor. or ia aqy rNpat tail to P~toem. di~cA~r~
ateute. eNect. eoenPlste. compU? with and abide bq this covenaat, or .any part l~ereof. eaid MortR~ ~1 P~~
P~Y fot wcb insunae~ or any part tM~eot without waiviag ar aftecting ~nr c~tion. 13ea. ~4nitp ae~ risht under or by
virtw ot this enat~ass, uid tbs t~ll amount ot e~ch and every mch payme~t s1~U M imm~diataty dw uid pqabb
and diaU Dear inte~w! from tbs dat~ tMceot uatil p~id ~t tbe nte ot ten per oeatwn per annnm and ta~ wkh
sneh inte~e~t shdl bs secur~d by t6e Uw ot tbis mortpas.
4. To parmlt, oommit or sufter no wasts. imp~irment or deteriontiow of eaid peopa~ty a my pvt t~sol.
b. To pq ~It aud singular the costs. chv8es and s:psn~es. including ra~sonabls Lw~ror's fees ~d aost ot
abetrsct~ of titk, incurred ar paid a4 any tims by said Moitg~ges because and/ar in tLs event of tM failure an ths
p~rt of tM' n3d M~ to dulp, promptty and lu11~r Pe~'tarm, d~cliargs, esecute. etieet. oo~P~. ~P4 with
ud aMds by e~ch ~ad evary ths stipul~tions. .~re~msnta. oouditba~ and oovenants of ~aid Pwmi~sor7 nota wd
thi~ nw~taa8'e. eay or either. and s~id oost~. charge~ and esqnse~. e~eh ~nd eve~y. ~haD bs imm~di~ta~r dut ~nd
P~rible. whsthar a aot there bs ootice. dsa~od. attanpt to oollect or wit peoding; and t6e full ~mount ct e~cA
and every sueh p~yment sbaU bsar iaterest hom the date tbersof nntil pai~! ~t the nte oi ten pe~ asntuna psr
ananm: and dl eaid eosts. eh~*BM and ~qo~ss w hxurr~d or paid, togatlw~ with wch int~n~t, e6a11 bs ~saned by
Che tien ot thi~ ~noctaa~e.
6. 71wt Ia) in ths svent of any brMCh of t6u mort;sp cr d~tadc on tbs pnt ot tbs Mat~a~or. a Ibl in Ns
• eveet any of said ~ums ot moaey hereia reErcred W bs aot promptly and tully p~W wtthin ten d~~r nat aibr t]M
aa» srvaralb becom~ dw aod P~rib1R withont dem~nd a notka or kl in th~ went e~ct~ and eveq? t6s ~tipuhtiom.
~eeeo~ta. eooditions ~nd oo~reo~ata oi Nid promis~ory nots ~nd thi~ asort~ge, anr or eit~e. ar~ not du~?.
P~'~PW ~~b? P~~. ~uted. eft~ct~d. oomplstsd, coenplied with and abided by. t~o. in aitber
ar wy wd~ eveat, the s~id a66reaats snm meationed in nid promtsrory note t.heo rem~ining unp~id, with iatee~est
aoerned. and all money~ seeured hsnby. sbaU bsooms dus and pay~ble fathwith. ~ tAere~fter. at ths option d said
Mcrtgage~. ~e fuQ~? ~nd compM~r u if all of tbs aid wm~ ot mmsy were o~i~inally ~tipulat~d to bs p~id an
s~ch day, anrtbIng in uid promiwoq ~ and or in this mo~tg~ge to tLs oonirary notw[th~tandin& and
tl~eupon o: thereattar at the aptiqa oi nid Mort~s, withonC notioe or d~mand, sutt ~t law ar ia eqnity.
thaeatofore. or t6era~fter begnn. may be pe~oMenbd as U ail monn?s saured 6srsby had matnred prior W its
mstiWtion.
7. 1lut fn the event that at ths bedinni~ ot ~ at any time peoding aay suit upon thi~ mortgags, or to fae~eclo~e
it. ar to rdorm f~ aadlor to entoros payn~ee?t of any elaim~ 6eeeundu. eaid Mat~~ ~6all apply ~to ths oaut
6avhig ~arlsdktion theieof tcr ths appointmant of a Rec~dver. aieb oourt shall Mrthwit6 ~ppaint a R~oeiwr d said
~6~ Pr~tY ~8 all ~nd sie~l~r ths eents iacorn~ pr.o~ts. issues and eevennss from
w6atever souroe derived. eac6 and everq ot which. it beina aspeesdy utderstood is hereb~ mortpaed u ii
j spee~Ca(ly sst fotth aad de~aibed 'w tbe granting and habeudnm cLuses hereof. and snch Receiver sh~D tuve
` ell tLe bread and effective functions aad powera in anywise antrustad by ~ ~o~vt to a Iteeeiver. aod sue6 appointment
shall be made by wch eonrt as an admitted eqqity ~ed ~ nutter ot ~beolute right to said Mortgagee, ~nd without
~ oefe~noe to ths adeqwcy or inadeqwey oi the vdue ot the propaty mortgeged or to tbe solvency ar insoivency
of s~id Mortgagor andlor of the defead~nts. and that such rents. Profita. inoome. iswss ~nd revenues ~6a11 bs applisd
bY such Receiver ~ooor~liag to t6e kia andlor eqnfty of said Ma~tgages and the pnctios ot sw~ oourt.
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~ 8. It i~ nnde~ood and a~esd tbat thi~ n~oct;aas is siwa ~o secon. ia ~dditi~ to tl~e note o~ obiisatioa
above de~eiibed any additbnal lo~ns a~ totu:a advaaas mads within twratr ye~r~ ~n date heeeof bp tbs moetpges
to Mid mo~t;~~ ar anr asooMaor in titi~ of ~aid mort~aon ot t~s property hersby oonveyed: provided tlnt ths
totd napaid b~laaos of the indebtednsa seearod heraby at any ons tims shaU eat ~ceed tl~e masimum p"~inup~!
.mo~nc ot FIVE THOUSAND ONE HUNDRED EIC~{TY FOUR (5,184.00) ~ou.re
(i plns lnte~est thsreon and any diabnrseaaeanb lwde by tAe mortg~gee for ths papment ot t~zes. leviss cr inwranee
o~n t6e property eacnmbered hersby. with int~eeest on sac6 disbur~ementa.
IN WITNE33 WHEAEOF, che said Mortg.gor bae e:ecuced this matg~ge under sed on t6e d.y and year Mrein
first ~bove written.
Signsd. ss~led u~d dsli of:
~
. .
~ e r ~sEwia
~ isEwi.?
ay , s
~ 3fATE OF FLORIDA ~
~ COUNTY OF 9T. LUCIE
~ Betore me personally appeaebd KS'DCleth J. DeYri ec and Gayl .t _ D_Vr; pt , hi c_ wi fe ~f 109
~ . :
Haileck. DeMotte, IN. 46310
co me .nu known .nd known co co bs cb. lnafvidwLS dwate.a in ana ~.bo .s.wc.a fae~e~~; ~ `3 t~ -
and atl~nowid~d b~tors ms that ....~.y ezecut~d ths ame tar t6s paeposM theradn . - ~ 1
_ NnTrrESS mr 6.na .na or8ei.l ..~1 chi. 3rd d,y ~ b. , ~b'.";;~
. G . v .
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Notary PnD~c~` ' ( ~ : L,.~ ~ .
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t11t OouDC~i ~ ~nd lt~.-'Jktp/~l
s 600K PAGE K~ ~ar.,: z~ `
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