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Home My WebLink About0782 + ~ ~WIoB ~ i ~9 i ~1 3~ t ? if'I,A~~POIZ'!G~ A p~i~ ~i t~tlR~! ~1S F; CO~O VERtf~~!_.G~,_L~L~ sha11 luve the option to receive ~nd apply the same on acoount of the indcbtedness eecared heteby or to permit said Mortgagor to receive and use it or any part thenot [or other purpoaea without thereby waiving or impairing aay equity, Uea or right under or by virtue ot this mortgaqe; and in tAe event ~aid Mortgag~or eball tor any reawn . fa~ W keep the aaid premisee ao insured. or fail to deliver promptJy any ot a~d policiss ot ina~raaoe W said Mortgages. or t~il promptly W p~y tuUy sny premium theretot, or in any respect f~il to pectarm. discharse. e:cute, sttect, complete, tomply with and abide by this covenant, or an~ psrt hereof, eaid Mortgagee may plaoe aad psy for such insurance or any part thereof writhout wraiving or ~ifecting any option, lien, equity ar rigAt under or by virtue of this mortgage, and t6e fuU amount of each ~nd ev~y such payment ehsll be ia?mediatety due and payabk and sAall betr interest hom tbe date thereof uati! paid at the rate of ten per eeutum per annum snd Wgether with ~uch interest shaU be secvred by the lien of this mortgage. 4. To permit, commit or sufter no waste, impairment or deuriontioa of ~aid property or any part thereoi. b. To pey all ~nd ainRular the cwte, chargee snd e:pennea. induding reaaonsbk lswyer's fees and~co~t of abstracts of titk, iucurred or paid et• any time by ~aid Mortgagee because nndlor in the event of the [ailan a~ the part of the said Mortg~gor to duly, promptly ~ad fully p~form. dixhargo. e:ecute, effect, oomplste, eomply with and ~bida by tieh and every the stipulatione, agreemente. conditione snd rnvenanta ot said promissory note, end thi~ mortgsAe, any or eit~er. and eaid cwts. cAuges and e:penses, each and every, ahaU be immediately due and p~y~bk, whether or not there be notice, demand, sttempt to collect or ~it pending; ~nd the tull amount of each and evecy auch payment ahall b~r intereet hom the date thereof until pairi et the nte ot ten per centum per annum: and ~U ~aid coet~, charge~ and e:penses so incurred or paid, togrther with auch incereet, ahall be secured by the liea of this mortgage. _ g. That la? in the event of any bresch of tAi~ mortgage or deEautt on the part of the Mortgag~x, or tblin the • event any of said ~me of mouey berein rsierred to be not promptly snd fully paid within tsn d~ys nezt Jt~ tbe same eeverally beoome due and p~y~bla without decnand or notice, or Ic1 in the e~•ent each and every the etipul~tions. agreetnents, rnnditions aad coven~ats of said promiseory note and this mortgage. aay or eithar. ars oot doly. promptly and fulty perfor~ned. dixhar8ed. e:ecut,~d. ettccted. compkted. rnmplied with ~nd abided by. tlien. in eitber or any such event, the said aggregate eum mentioned in eaid promiseory note then remaiaing unpaid, with interest accrued, and a11 moneya xcured hereby, ahall become due and payabk forch~vith. or there~fter, et the option ot eaid Mortgagee, as fnlly and compktely as if all of the said sums of nomep were nriginally atipuleted to be p~id on such day, anything in said promissory note, and or in this mortgage to the contnry notwithatanding: and there~pon or thereafter at the option ot ~aid Mortg~gee. ~?ithont aatice or damand. suit at law or in equity, theretofore, or thereafter begun, msy be prosecuted •s if ell tnoneya eecured hereby hsd matured prior to it~ institutioa. 7. That in the event tlut at the beginning ot or at any tinne pending any suit upon thie mortgage, or to forecbse it, or to reform it, andlor to enforce peyment of any claims hereunder. ~aid Mortgages ahsll appty to the court hsviog jurisdictian thereot tor the appointment of e Aeceiver, auch oourt ehnll forthwith ~ppoint a Receiver of eaid mortgaged ptoperty aU and singular. incle~ding all end singular the renta income profite. isauee and ~venuea from ~ I'~ whatever source derived. each end everv of which, it being e:pteealy understor?d ia hereby mo~tgaged se if •pecificaUy xt forth and deacribed in the Rranting and habendum cleuses F~reot, and sucA Receiver ahall heve ~ all the broed and effective functions snd po~vers in anywix entrusted by a court to a Recciver, end ~uch appointment ~ shall be roade by auch court as an admitted equity and a matter of sb~oluLc~ : iRt~t to seid Mortqegee, and without ~ reterence to the edequacy or inadequscy of the value of the property mortRnRed or to the ~olvency or ineolvency of ~id Mortgagor andlor of tl~e defendants. and that such renta, profits, income, iseues and revenuee ehall be applied by euch F.eceiver acoording to the lein andlor equity of said MatgaRee snd the practice of euch oonrt. 8. It ia understood and agreed that this mortgage is~ given to secure, in ~ddition to the note or obGgation above dexribed ~ny additional loans or future advance~ made within tweaty yeare trom dete hereof by the mortgagee to eaid mortgag~ors or any eucceseor in titk of eaid mortgagore of tAe property hereby conveyad; provided th~t the total unpaid baLuce of the indebtednea~ ~ecured 6ereby a~ any one time ahall not e:ceed the mazunum p~incipal em~~nc of SEVEN THOUSANf~, TWO HUNDRE~ SEI~ENTY FOURf~~7274.00)-------------p°~°f° (i 1, plue intereet thereon and eny sbursemente ma e by t e mortgagee psyment af ta:es, leviea ot iaeurence on the property encumbered hereby, writh intereat on euch diaburaements. IN WiTNESS WHEREOF, the said Mortgagor hae e:ecuted this mortqage under xal on the day and year herein fvst above written. K ~ Signed eealed and delivered in the pre~ence of: . ~ ISEALI ~ ~1i0 ISEAL? ~ Carol . Estrada A ~ STATE OF FLORIDA ~ COUNTY OF Sf. LUCIE ~ ~ Tulio Estrada and Carol G. Estrada, his wife-of, ~ Before me pereonally appeared _ - - ~ ~ 16 A Cl arkson Rd. Col umbi a Mo. 65201 .~t~!~`,~:: },..v ~ ~ .;~r ~ ,i ' ~ ~ to me weU known and Imawn to me to be the ine~ividuaLS deecribed in ard who e~eented tiM ~M~el~'~~~" ' ~ and ~cknowledged before me tiut .tlis.~( ezecuted the s~me for the purpoeee t6erein esproassd~ vj.~ I ~ WITNE33 my hand and ottcial ~eal thie day of ~ • ~ ~ • ' 9'.~ ~ - ~ " 1 : - ; Notary ~b - ••`Y~~3 ~ , - tbe Connt ` " - Carole J~. t~ . t~' • BQ~Jj( t,~~.2 PA~E ~0 My oommissbn ~pireb: ~ r` - March 8, 1982 - - ~ - - - - _ -