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Home My WebLink About0494 ' ~ ~ ~ a 450514 . . . I~ N~t W~ w V ~ ~ ~i~ f E A 0 R_,iC~ • 0~. s ~ECpap vEa?F~ED - ~6a~ b~w tiis option to erceivs and appty tba sams oo ~ooount ot ths indeDtednsw ~scund 6~nbr cr to p~ca~it t~d I?[at~~ot to teoaiw and uN it ae u~? part tl~~ot fae othe~ p~upo~ witl~out tbe»bp w~ivint a i~rins ~7 ~~3?. li~a ar ri~6t nnder or by virtua oi this mortga~ u~d 'm tl~ ewat ~aid ~[oetg~ ~Il far aq~ re~~oo hil to kNp tM taid pe+~mi~s~ eo ins~ued. or t~il to daNv~ prompttp any ot wid policie~ d b~av~aa to Mid Mats~as~. or fali P*'omPWY ~ P~y ~Y eny p~nium tMcefor. or in ar~y e~s~,t tail W petcrm, disebarg~ ~cute. ~thet, eanplste, comply with u~d abide by this eoveaank or any part 6sreof. ~afd Matsaees ma7? PLos aad P~Y tor a~eh iasuranos or any part thereof witbout wdvins or ~HectinA anY optioo. ~kn. equity ae riaht uader at by virtue oE t6is mortg~s. aad tLs [uU aAwuat ot e~ch and werY such P~ymsnt sh~D bs imoa~dlat~? dw and payabls . ~ad s6aU be~t inte~wt hom ths date tMeeot uatll paid ~t tbs rate ot ten per oentum per annum and.togethee wItl~ such int~ee~t s1iaU be saund by tl~s liea of thts rno~s. To penait, comiait or ~ufter ea w~ste. iiapairment or deteriontio~ ot aaid property or any part tl~ereoL 5. To p~y dl and singulu the ooeta. eba~ and e:psuses. including re~sorubk lawye~'s tees and ooet ot abetmts ot titb. ineurred or paid at• any W~ne by said Moetpgw~ because sndlar in t6e eveat of tbe t~Dure on the part of LAs said Mortgaaor to dnly. promptb P~~. ~~6s. e:eeuts. eHeet. coiopMte. oompRY with aad abide. by e~eA ~ad ev~rY tbs etiPuLt~io~u. ~gn~ata eonditbm and omrea~nts ot said promiswry note. and this mo~tga8e. ~ny os eitber. and said owts. charses and ~penssa. ead~ end every. el~aU bs immedi~tely dus and P~Y~ble. whether~ or not there be ootios. deaaand. ~tt~empt W oollect or atiit peieding: ~nd tbe tuU amouat of e~ch and every snch p~yment ~daq bear Int~er~t imm the date tbeteoi until pair! ~t the nts ot ten pec oentum per anuum: uid aU said costs. ebargM and e:p~sea so incvrrad or paid, toeether with sach interes~ shaII be ~scured by tbe lisn ot this mortgags. 8. 1Lat la) in t6e event of any b~weh of t6ii mat~ ar d~fault on the part of ths Mott~isor, cr (b) in tM - sve~t any of s~id sume of monsy heeein ee[arred to bs not P~~P~Y ~~b P~ within ta~ daps nsst ~R~r ths sam~ a~venlly beeans dus aud p~y~bls. witbout de~and ar notks. o~ Ic) In the event each and svery ths dipnl~tioes, •6resmenta. oondition~ and ooveo~at~ of Mid promiseory note ~ad tNs morts~e, any or either. ars not dulp. P~'o~h? ~~Y P~ormsd. dischar~d, a:eeuted. eifect~d. eompbeed. oompiied with ~nd abided by. t6eo. in eit6er or aay sneh event. the s~id aggregate wm msntioned in s~d pronaiiaory note tlien rem~ining ~npaid. with interest aocr~ed. and dl mo~ys sscured herabr: al~aU beooms dw and payable forthwith. or tbe:eaftar. at the opcion d uid Mortgagee„ ~s tul~q aod oompletdy a~ it ~11 of the sald s~au ot nomey were o~iginaUy stipulaced to bs p~id oa euch aay. anything tn said p+umiaory note. or in chi: morcgsgs w chs concrary aa..ichscand~n~ .nd thereupoa or thareatter ~t the optfoa of atid Mortgaaea, withart notioe or d~mand. s~t ~t law or in equity. t6e~etotore. or there~Rar besun. mar be proNCUt~d +is tf all monrye ssenred bereby had matueed prior to its - instiwtion. 9. That in ths eveat tlut ~t t~hs begianiag of ar at any tlms peuding any ~uit upon t6is mortgags, or to toteclo~e it, o: to raform It. and/ar to eaforee payment ot aey claim~ 6a~nder. aaid Ma~rtgagss slWt apply to tlis oonrt 6~ving luri~dietion thareot for t6e ~ppointmaat of a Rec~ivsr. wxh eo~ut shsll /aihwitb appoint a Reoe~ver of ~aid ~6~8~ P*'oP~Y all and aingular. including d! and eiagulu t6e rents income pronta. iswea and revaanss irom wlutever source derived. e~ch sad every of which. it beina e:preedy understaod is hereby mortg~ged as if epeeifiully set fart6 and desen'bed in t6e gr~nting and 6abendum clauees h+xeof, and ~ch Reaiver shall l~ve all the bro~d and eHective functi~s and powere in ~nywise entrusted by • court to a Receiver, and sue6 apQointment k s6a11 be made by s~ch court es an admitted equity and a matter ot sbeolute right to said Mortgagoe, and without ~ reterenoe W the adeqwty or in~dequacy of the value of the pe+operty mortgagrd or to the solvency ar iasdveney ot said Mortg~ andtor ot the defendants. aad that such rents. profits. ino~me, issues and revenues shaU be ~pp~ied ~ by snch Reosiver Koo:ding to t6e kin andlor equity of ~aid Moctgagee ~nd ths praetice ot sueh oourt. ~ ~ ' 8. It is undentood and ~ agreed tLat tWs ~noet~ags is given w eeciue. in ~ddicion to ths nocs ar oWiaation abovs dsseribed enr ~dditioad lo~n~ ar intura advanoss made withia tweoty ye~rs from date hereot by the m~o~taa~s to nid moriga~ors or anr eooce~sor ia tit3~ of s~d mortgagon of the pe+operty hersby oonveyed: Pe~avidsd that the total nnp~id balanoe ot tl~e indebtedness secured bereby ai any one time shall not ~ceed We muimum p~iacipal ~mount ot TNO THOUSAND NINE HUNDRED SEYENTY (2,970.00) Do1Ln ~ t= 1. plus iatersst thereon and aay dlebunements made br tbe mortgagee for the p~yment of tuee. kvisr or insura~e . on the propetty encnmbered bereby. wit6 interest on wch disbursetaents. IN WITNE33 WHEREOF, the said Mortgagor has e:ecuted this m~tgage under esa! on the day end ye~r herein firat above written. ~ Signed. ~saled and deliverod in t6e presence of: ~ ~ 1 L? ~ ~ v ~ ~ STATE OF FLORIDA Laur M. avids ~ COUNTY OF 3T. LUCIE ~ ~ ~t~ ~~~~~p~ Gary M. Davids and Laurel M. Davids, his wife of ~ ~ 8501 SW 41st Terrace, Miami, FL. 33155 ~ - . ~ , : . w U ~ ~ co m. w~u lcnown wa kno+.n co co b. cb~ indfvidwuS. de~c~ibed ia .nd ..eo wcuc.d che toee~oiaa - "s and ae~mowbd~d b~t~^s ms twat ~.1~. ez~euted ths eam~ !a~ tbe purpo~e~ tharein e:pe~esMd. ~ p~:• H , ~ ~ Nov ~ . :-Y;. , wrrriESS m~ b.aa .na ocscW .ed cw 8th d,y ot . ` ~ . 7, . - ~ . ct3. , - ~~~.J ~ . Notary PnbUE ie and ~ y - ~ ths Caunty ~nd 3qtq IId~O~1~i•••••^~:'- ' BOOK PAGE. ~r,~l.t~.,~; ` 312 492 ~ . H, - _ ~ • ~1~, / ~ z . - . . , - - ~ . ~r.: _ _ , : ~r 4.