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Home My WebLink About0489 . . . . , . • 450512 Q ~ ~1~ JUI. -9 !!M ~ 32 ~~E~ ~ ~ . ~caRO vEa~F~~o • ~6a11 haw tM optioa to rieoww aad apply the suns ou ~coo~~nt oi tlr indebtedn~ ~red Mabr or to p~emit wid I~toetaa~ W noeive and w~ it ar ~qp p~rt tMreot tar ot6er purpose~ witbout tlwnbY ~t a~P~R .or e~ur. liea or riaht uader or by virtus ot this nartg~s: tud in t~ eveat said Md-ts~gar ~hall far an~r re~~oo ail co k.ep c6s saia premi... .o inwred, ar t.il w aeuva~ pwmpch? any ot ..id poucM. ot in.or.no. w ~aid Mat~a~si. or i~il promptly to p~Y tuUp ~ny premium tberetor. or - in aay rapeet tail to P~ta~m. dMc~a~. ~cnte, eHeet. ~mPkts. oomply wit6 ~rd ~bide by this eovan~nt, or any p~rt hereot, said Marts~ ma~ pt~a aod Pq ta~ wch iawranos oe any p~rt theebof without wdvins or afteeting any option, Ifen. equitp o~ right nud~r ar by virtus ot this mo*t6+~e. and t6s tuU ~mount of a~ch and awry auh payment sAall be Immediatdy dw aud pq?abM ~nd shaU bear intarNt feom tbs date tMrsot until paid ~t tl~e nte oi ten per oeotun~ par annnm aad togsther wit6 sneh inte~t shdl bs iecund by t6e tiea ot tbis mortaa~s. •1. To permit, oommit or suNar ao w~ste. ImMirmsnt a~ deteiiont3oa ot s~id pct~perty or ~ny p~rt tl~ereot. b. To pay ~ll ~nd dngular the ooet~, charges and e~easss. inch~ding re~eonabk lawyer's tee~ ud oost of abatr~cta of ticle, incnrred or paid at• aay time by safd Matgage~ bscanse andlor ia tl~e ever?t ot t6e ta7ure on tbs part ot ths said Ir[oct~g~or w dul~?. pomptb ~nd tu11Y pef~a. discharg~• e:eeute. eHect. oompMN, oompbr with and ~bide by e~ch uid every tlis stipulations. ~grsunsota.. eoudition~ ~nd oovenaats of said promiss~y note. and this mortga~e. .ny oc eitMr. aad said oata. chargw and ezpsnse+. e~ch and every, shall be immedi~tdy due u,d P~l?able. wbethar or eat tl~ere be notios, demand. atlempt w odket or suit pending; and t6s full amount oi e~ch and ev~ry sue6 paymsnt slull bs~r interset fran the _date thereot uatil pau! at the rate ot ten per oentum per ; anaum: and ~Il aaid oo~ti. charges aod ~peoses so ineutred or paid, to~et.her with such intere~t. ehaU bs sscured by f tbe tien ot this aaortg~a. . ; 8. That (a) ~u tM ev~t of anr bce~cb of t6is matsag~ ar dshult oa ths part ot tbs Moetpg~a. cr 1b1 in ths • event ~ny ot s~id wms of monsp 6a~ein rehrred to b not promptiy and fuIIr paid within tan da~n nsrt atta~ t6e ~uas s~venUy beoome dw ~nd Wyabls. wic6oat demaad or notica ar kl in ths eveot eaeh ~nd evwy ths ~tloo~. ~e~sem~nts. oonditioo~ ~nd ooraaant~ ot s~id promisso~ oote and this nwrtg~ga, aay or ekbR. ~rs oot dnly. P~'o~Y P~a~• ~1~arged. ~ecnted: eHected. oompkt.ed, canpiied with Rnd ~bided by. tben. ia either or any snch event. the eaid aggregace am mentioned in said promisw~y ~wte tAen rem~inins unp~d. w~ftb int.erest aecrued. ~nd dl moneys secured ~Sreby. shall become due and payable fortbwith. or tt~eatter. at tbe option ot s~id Mortgages. ~s ful1~? and compktdy ~s if aU of the said sums oi nomsy were originaUy stipulated to bs p~id aa such day. anything in s~id promiasory e~ob. and or ia this mortgage to the contnry not~rithst~nding ~nd ~ theraupon or thereakar at tbe option ot said Moctgagee. withait natios os dam~nd, auit at Itw or in equity. t6eretofore. or there~ftar begun.- may be pro~eented as if dl monsys escnred 6ereby had m~tured prior w its institntion. 9. 11ut fn Lhs event tA~t at tbe be~ning ot or at any tims pandiag any suit upon tltis nwrtg~gs, or to toeeclo~e it, or to raform i~ and/or to eaforos paymeat of any elaims hsreunder. eaid Mart~gee shall apply co t6s oourt havins jurisdietion tbtt~sof for tLe appoiateoent ot • Receiver, such cwrt shaU forthwitb appoint a A,eoeiver ot said s mort~ged PropertY aU and singolar. including all ~nd eingnlu tbe reats income pro~it~. issuee and eeveanes imm ; wh~trver soucoe derived. each aad . every of which. it beins e:p~sly under~caod 'u hereby mortaaasd u if ; speciScally set forth and desrn"bed 'm the qrantieyR and babendam cLasee hereof. aad sneh Reeeiver s1uU h~ve ~ sll the bro~d and eHective funccions and power~ in anywnse eatrnsted br a co~rt to e Eieeeiver. and auch appointment k shall be made by auch court as ~n admitted equity and a mattrr of ~b~olut~ right to esid Mortq~gee, u?d ~rithout ~ reference to the adequ~cy or inadequacy of the value ot tbe prope~ty mortgaged or to the solvency or insotvency i ot said Mortgagor and/or of tbe defend~nts. and that auc6 rents. profits. inoome, isaues aod reveaues shall be ~pplied by such Receiver ~ooordmg w the kin anc~lor equity of said Martgages and tl~e pnctioe of suc6 oo~t. ~ 8. It is understood and agz+eed tlut this mortgag~s i~ give~ to ~scvre. in additioa to t6e ~ or ~ above ds~ibed iny ~dditiood loana or futnre advances m~de wit6in tweaty ye~ts hom date hereof tbs to s~id mortsaaocs or any woaes~or ln dtis of ~aW mo~tgasors of ths P'oPeity hereby oonveped. Provided t6~t tbe total nnpafd balanoe of the indebtednsss secured hasby ai any a~e tims shall not e:ceed the mszimum principd amouat of FIyE THOUSAND FIVE HUNDRED EIGHTY (~5580.00~ 1. plus intenat thereon and any disbursements made by t6e mortgagee ior payment oi tues. kvies ar iaauanoe oa tbe property encumbered hereby. wit6 iste~est on sueh disbursements. IN WITNES3 WHEREOF, the eaid Mortgaqor has e:ecuted thie under seal on the day and ye~r herein fir~t ~bove writtEn. _ Sigaed, ~ealed and delivered in t6e presenoe oi: ' (3EAL1 ~ ucy . ergman tSEAL) ~ ~ t ~ STATE dF FLORIDA ~ COUNTY OF 3T. LUCIE ~ ~ Hetore me personaUy ~ppeared Lucy T. Berpnan of 3 Harbor Dr. So. , ~ ~cean Ridap, F1_ 33435 _ : 3 ~ to ms wsll icnown and lmown w ms to b~ t!r individual.. da~aibed in ~nd ..ho uecnted ths foresoina ~ep~,.,~. ~nd aeJcnowl~dged b~fore me t6at S.bs.... eu~uted ths s~ms Eo~ tbe p~vpo~ss t6e~ran s:pre~ssd. S-`.. b r 13th Ma ~ ' y~''' - ~ ~ WtTNE89 my hmd and offkL! .e.l chis day of r• •"K i ~ Notary Public ia aaef. ~ • - ; ~ ty and &ata'•A~or~id~,:, e R 3~z 48'T Cat~ierine N. Cantara-~..,,~~-,;.~ $ ~ ~ rACf titr oommi«aon .spir..: . ~ ~ j . ~ " ~ Sept. 26, 1980 , - ~ . - _ _ . . . . _ _ _ . ~ ~ - _