HomeMy WebLinkAbout0499 i~-
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4~0516
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~h~11 baw tht option to reodw aad ~pp~y. tM eame oa ~coo~unt ot tlw indsbtednw Meurad Meeby ar to penntt
nid Moctaaao~ w receive and uN it ar aqp part thenot tor otMr pnrpow witbout tA~c~by w~ivioa oc LopaMag
W eqnity. lie~ o~ rigl~t undee or by vLtus ot thi~ aarts~ ~ad in tlM event s~W IMart;~ ~i~all tot atq? reawn
tdl to 1cNp tl~ said p~i~ so insured. or t~Il to delivK peomptb? u4y of Mid pdkiM ot 4Nnra~ to aid
Mortp~es. ot tail promptly to P~y ~?~b ~Y Pr~um tAeretar. or ie W' rerp~ct taii to P~taem. disd~aras.
auute. ~ttect. eoanpMte• oomply witA and ab6de by this covenan~ or any p~rt hereot. ~aid Mo~t~~ges may pl~s ~nd
P~Y tar such insun~es or aay Part thereot witMnt w~ia+it~ oc afiectin8 anY option. lies. equihr or risbt under or by
virtue ot tlds moelgags. and tbs tuN amaunt ot Mch and evKy ~uch p,ymsnt shail be ima~edi~t~sly dw and phrabls
~ad sl~til be~r int~ewt trom t~he date the~eof nntil pdd Rt t6s nte ot ten pe~ oantnm per anaum ud tc~ether nith
soch intw+s~t ahaU be sscurd by the iiea ot this mortsaas.
4. To permit~ oommit or suHer no wast~, impairmsnt ~ dete~iontioA ot eaid prop~rty oe any ~wt th~eoL
5. To p~y dl ~nd singular the coet~, cbarges aad ~penss~, including re~sonabk l~wpe~'e tess and cost ot
abrtraeta oi titb, incurred oc paid at• aay tia~e hy said Mortgages becauee andlor in tM evsn! ot tM t~ihire oa tse
p~rt ot tM said Martg~aor to duly. P~P~7' P~'to~m, discf~r6'e• ~ecute. eftect. ~oaoPM~• ~Pb~ wit6
and abide by e~c~ ~i~d evary ths stipulation~. ~8resmsota. ootd~tions ~nd om?enants of s~id pr~sorp note. and
tLis na~tgsge. any or either. ~nd s~ia oosts. charge~ aad ssp~ees. eac6 ~nd svery, sbaU be immedi~t~ely dus and -
Payabk. whsther ar not tbere be notice. deiaand. attempt to oollect or sujt peodin6: ~ad t6s lull amonat oi e~ch
~nd every such payment shall be~r intanst trom tbe date tl~eof nntil pai~l at the nte of tea per oentum per
annum: and all said cost~. cbartss aad espenses so incurred or pdd, togetl~er with such intersst, aluU bs aecneed by
the lisn ot this matgags.
- 8. 'lbat 1~1 in ths- went ot ~n~ b~+s~ch of thi~ matgap or default un ths part of tbs Mats~igor. or lbl ia t6s ~
• event anr of iaid sums ot monsy l~eia eefarred to be not prom~? ~nd fuHp p~id wittin t~o d~ys nsst ~ ths
wms ssverally bseom~ dw ~nd p~yabl~. wit6ont demand oc notice. or Icl ia t6s event e~eh ~nd ever~ ths st~n~tions.
agreemsata. oonditions aad ooveo~nta of aaid penmissory note md t6is mortsag~s. u~y or dtl~. ~rs aot ddy.
P~'~PU7 ~~Y P~ormed. di~cbarged, e:eeuted. eHected. oompleted. oomnpbed with aud abided by. tbm. in atlwr
or ~ny such event. tM said eggregate sum m~tioned in s~id pro~ais~o~y aote then r~emaining unpaid, with iat~rest
accrued. and all moneys securod hereby. slull beoome dus u?d payable tortF~with. or tdereattee. at the optioa d said
Mortgagea as tnlly and oompkt~ely ~s if all of ths aaid sum~ ot nomey were origin~lly stipulated to bs paid oa
e~ch daY. anythIng in said promia~ory nots. aad or in this mortg~gs w tbs c~tnry notwithstanding; and
tlbe~~pon ar thereatter ~t the optfon of e~id Mottg~gse, withoat notioe or dam~nd, wit at law or in equity.
therotoEors. or there~ft~er besun. may be pra~seut~d u U all moneys secured l~eby h~d matured prior W its
instttntioa.
7. '!~t in ths svent th~t at tbs beginaiog ot or at any tims pe~dins any suit upon this mo:tgage. o~ to foreclose
it, or to refom~ I~ andlor w~foroe payment of any claims 6erennder. said Mortg~ges aha11 apply to ths oourt
h~viag jnri~dictioa thsreot far the ~ppointment of a Recsiver. such tairt ahall forthwit6 ~ppoint a Reoeiver ot nid
~B~ P~P~Y ~~8 all and aingular the reate incorne profits. issnes and revenuee from
w6atever wnroe dsrived. e~cb aed every oi whicA. iL being e:pe~sly underscaod is Rereby mortg~ed ~s if
_ spscifially sat forth and deseribed in t6e granting and babendum ciausee hereof. and euch Raceiver sLaD 6ave
~ all t6e broad ~nd effective functions and powere in anywise e~trusted by a court to a Recciver. and auch appointment
f s6all be msde by such court as ~n ~dmitted equity •nd a matter ot ~b~olute right co ~aid Mortgagee, and without
~ neference to the ~dequacy or inadeqwcy of the v~lue ot the property mortgaged or to the wlveney or iasolvency
! of s~id Mortgaaor andlor ot the defendanta and that such renta. pcofits. iiuoma issues aad rev~ues shaU be ~ppUcd
by wew ltecejver ~eooeding - to the kie andlor equity of. said Matgagee and the pnctice of s~cb oourt.
8. It is anderstood ~nd agreed tl~t this mortg~gs is givsa to secure, in addition to ti~e note ar oWigation
above desen'bsd any ~dditiooal bans ar fuwt~s advanoss mads wltldn cweoty ye~ts irom date l~ceof by t~s moetaagee
to add mortaaaoe~ or any sucesssor ia titb -ot ~aid mott~teon ot tbs propertr bereby oonveyad: P~rovided t6~t t6e
total anp~id bal~nce oi the indebtedness secared hersby at any oas time shaU not ezeeed the a~mum principal
~n~ of FIVE THOUSAND SEYEN- HUNDRED FORTY (5,740.00) ~
!i 1. plus iaterest thereon and any dieb~vsemauts made by tbe mo~rtgagee tor t6s p~yment ot tues. leviss or insarairoe
on the praperty encnmbered her~eby. wit6 interest on such disb~rsements.
IN W1TNE33 WHEAEOF, the said Mortgagor !us e:ecuted this matgage under ee~! oe the d~q and year herein
first above written.
3ignsd. se~ted and delivered in the presence of:
0 r . ISEAI.1
~ ISEALI
` . Mar e M. Doole >
~ . STATE OF FLOAIDA
~ COUNTY OF 3T. LUCIE
~ Robert J. Dooley and Marie M. Dooley, his wife of
~ Befo~ me personaltr ~PP~~
~ 655 Riverside Dr., Palm Beach Gardens, FL. 33460
~ w ms v.n imo..n .na kno,.n co co bs cbs indtviaaal.S d~sQibea jn .aa ..ho .z.wRed ch. t ,~:s,; '
. r~:..
and acJ~nowledesd bsiore ms th~ ~.6sX: asecnted ths wme far t6s p~apo~ tl~ardn _ ~
1
wrr~vsss b.aa .na ~w ~ cni. 13th ' .~''~`:~`~'f'.
day ot J . -~~~;f`, -cs'<..
? f ,;r:. `-~iw!
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Notary Pnblie in ~ ~ ~<< . _i~'„`:, .r:.~~~: ~ .
~ ° ~ 3~.2 PAGE 49? ~ < i ~ <<~ . .
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