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HomeMy WebLinkAbout0509 ` - - - ~ • ~ f 450520 191~ ,~J~. -9 AN ~ 33 . . ~ Y ~IRERtF~B • ~ ~hdl baw tM qKbo to reaiw ~ad appiY tM s~ms on aooouni ot t6s in3sbt~dnsa ~scn»d A~by ar to permit ~aid 1~[art;a~ae to r~oeiw a~d ws it oe aqp put tlwnot tar otM~ po~po~N witboat th~r~br w~ivin~ o~ i~eint W puity. lis~ or rish~ andK or by virtue ot tAis mortg~ar. ~nd in tM eveat s~W Martg~or sA~D tar a~? ewwn hit to ~P R~ ~o ie~red. or tail to deliv~ pro~optlp any of Mid polkiM of inwu~no~ to Nid Mcrt~.~.., or tan p~omptly co wr tul~? anr pnmium ch.eeio~. or fa .ny re.~at taD co wrtorn~ di.dnr~.~ - acnta ef~ict. canAiste. tompl7 with u~d abide bq this ooven~at, or +u~Y P~*t he:eOt. sdd blatR~ ~7 P~ ~ P~Y Eor s~ch iesurana or aqy p~rt tMe+eot ~rithout wdvina a aHseti~?B W? cPtion. ti~. equity or ri~6t uad~ or by virtw ot this moet~i~. a~ t6~ full amount ~ e~eb and ~Y a~ch Wyment sbaD bs immediateiy dw and pyrabls aod ~ be~e fatw~e~t irow tbe date tlwrsot ut~til patd ~t ths nte ot tAn per oeaq~m per annum and toaetha witA sueb intat~e~t sbaU bs ~nrd b'y tbs lisu ot tbi~ mort~s. ; To permi~ caamit or suffar no waste. impairmeat or det~rior~tb~ ot saW pcop~ety a~r anr p~rt t1ie~+eof• ~ b. To pay all ud sin~ular the eosts. ehaBes a~! espenses. inchidinR reasoaabls lawyer'~ fees and aost of absu~et~ of -tltb. incarred ar paid at• aay tims ~~4 P~~ dlcr ia tAs event of th~ ia~ue oa tLs put of tbs aid Irtortg~aor co dulr. Promptb °0O1P~ °0~' ~ and ~bjds by e~e6 aAd eveep ths stipulations. ~gro~ab. condltions ud eavenants of aid promi~sory note, and this mo~tgage. any ~ eitber. and nid costa. charga~ ~nd azpsnse~. eaeh u~d e~vavy. sAall be imnn~di~tabr dus and P~Y~bk.. whst!?e~ or not there be notioe. d~nd. att~mpt to eollsct ar sait peading; aad tbe fnlt ~monnt ~ e~eh ud every wcb parment s6a1! bear interest trom . tl~s date thereot uatil p~'v! ~t the nte ot tea pr oeatnm per ~nnum: and ~11 said oata e6arges ud espeo~ w ineutrsd or p~id, t~etl~ witb sucA intKest. sh~II b~ sse~ued by - tAe li~n of this mortga~. 8. • That (a) in ~6s eva~t ot an~ be~e~cb ~ thit mortia~s or dshnlt ao tLs p~rt ot t~ Mo~t~oe. o~ (bl ia tbs . • event any of a~id snm~ of money hareia trt~rred to be not peomptly aad tulhr paid within teo d~~n a~sL atbr t1r~ a~ms aevarall7 beean~ dw and P~rible. wkl~out de~nd oc uotso~. or kl in the went each and ewey tbe ~tipnlatioa~. a~eemsnts. aonditio~nr and oo~nq of ~aW promi~~orY oote ~nd t~ mo~t~an, ~ny or either. ~ not dnbr. pr~mp~1Y and fult~? Paiormd. discharged• e~cated. etfeeted. oomPlstsd. ooinpLed wkh and abided by. tlren. ia ait6er or any sncl~ event, tbs said a~ate sum m~tioued in aid p~aniaory note thea r~em~ining unpaid. wifb inteee~t ~oerned. uid aII mo~n sscnt+ed lreeby. ahaU bscome dos aod payable fortFiwith. or tl~ttar. at the optian oE s~id Mortgagee~ u tuJly and oompkte~lp ~s if a0 of t6s s~id wau of nomey were origin~lly ~tipul~ted eo bs p~id on sueb day. anything ia s~id promiswry not~. ~nd. or in thL mortg~s to the oontrar~ ootwritlutanding: ~nd thereupon or tbereatte~ at the option ot said Ma~tg~e~, w[thaut notioe or damand. suit ~t law o~ in equity. tl~aretotor's. ~ tl~eatter be~un. may 6e prosscnt~d u if ~D monaYs secured !?e~sby b~d matured prior to ita in~tttutio~. 7. 'flut in the event that at the baainning ot or at any tims peoding any snit upon t6is mortg~ge, or to fareclo~s it. or W ssform t~ andlor to enforce p~yment of any c4ims hereundsr. aaid Mortg~ sliall app~y to t6s oonrt luving 3uri~diction t6~reof tor tl~s ~ppointment ot a Reeeiver. wcb oourt sLaall fathwitb appant a Reaivr ot ~d ~6~R'~ Pra'P~t7 ~ dl and singular. ~B all and singul~r tLe ranta income pro5ts. i~sue~ and reveoues trom wh~tevar souroe derived. eac6 ~nd everY of which. it beioa espre~? undesstood is 6ereby mottgaasd ~s it sped8cally sat fort6 and descdbed in the granting and tubendum cltuees hrreof. and snc6 Reoeiver shall have I a11 the bro~d a~ effective tnnctions and powera in anywise entrusted by • court to a Receiver. and sach appointment ; sball bs m~de by anch court ~n admitted equity and a autter of sbsolute right to eaid Mortg~gee, v?d ~ritboat refe~mce w the ~deqwer or inadequaey. of the value of the p~operty mortgaged or to the solvency or insdveney of wd Mortgagor andlor of the deteadants. and that sach renta. pcofits. inooma issues aad reveaues eha11 bs apptied ~ by snch Receiver aooadin8 w the lein and/or equity of said Mortgageo and the pnctioe of a~ch aonrt. ~ 8. It u nndsr~tood and a~eed tbat thi~ mo~taag~ i~ given W seeue~s. w~ddition to the note or ob2iption ~boye de~eriMd aay additionil bana or tuwrs dv~ne~s m~ds wit6in twenty years trom dats hereoi by t6~ moct~~ss ~ W aaid mort~aon or anr woaaor fa titb oi pjd mort;a~ors ot t6s pe+operty beeeby conveyed: p[o~vidsd tt~t t6s ~ cotal un~d b.lanoe of chs indebcedness secured heteby .c .ny ~s cims sbaU noc eseeed che mazimnm pe~ineip.l amonnc ot ~FIVE THOUSAND $ X~HUNORED F~RTY ~5 643. 0~ DO~' ~s pln. inteee.c cl+areoe .na ~ny ts made the tor t6e papmen o~ tases. ~ or ins~anca oa the p~roperty eaeumbered hereby. with iatecest on sueh disbunemsnts. IN WITNE33 WHEREOF, the s~id Mortg~gor has e:eeuted this mortg~gs undar se~l on the day aad ye~r Mreia first abovs written. ~ied and delivered in t6s pres~ce of: ~ ~-c~ 13EAL1 ar y n P ~sE~?i.? ~ 3TATE OF FLORIDA ~ ara3ane Feldman ~ COUNTY OF 3T. LUCIE ~ ~t~ Barry S. Felcfman and Sara3ane Feldman, his wife of 6352-B ~ E ~ Seven Springs Blvd., Lake North, FL. 3346~.. , ' w ms wsn known end kao+.n ~o ms to bs tbs fadividuaL~ d~sarib~d ~ and wbo ezecated "~k and adcnowbd~sd b~ton me that ~.hs...Y~z~cuted t~ ~am~ tar tbs puepo~es t6~in up~~d.~ ~ L.r:ii'. lOth Nov ` ~ ~ ~ z wrnv~ss my h.aa .,d oted.i ...t c~. a.~ ot ~ _ . ; ? ~ . ,w i 600K 312 PAGE ~ ' _ oo ~~+a2 ` . ~ ~ - : ' - - - - - - . , ~ .