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Home My WebLink About0787 ~ 450'710 •9~9 J~!1. ~ o A~ a t: ~ fi EU ANL' F`_GOnucll $L UCIE CpUNTY.FLA R~6FR POITRAS CLERK CIRCU{T COU~~I~r n: COaD Yf R1FIf 0_.. G~. sh~ll bave the optioa to receive and ~pply the same on accouai, ot tbe indebtednsss secu~sd hereby or to pernut sdd Mortgagor to e~eceive and ues it or any p~rt thereof tor othe~ parposes without tl~eby waiving or impairing aay equity, IieA or right under or by virtue ot this mortgags: ~nd in the evenc s~id Mortgagor ehaq for any ~son tail W keep Lhe said premises eo ineured. or iail to deliv~ promptlY any ot ~aid pdieiss of insuranos W said Matgages. or fail promptty to pay tully sny premium tl~eretor, oc in aay respect tail to perto~, discAargs. e:cute, effect, complete. comply with end sbide by thie covenaat, or eny ps~t hereof, aaid Martgagee awy placs and pay tor such inaurance or any part thereot without waiving or ~ftecting any option, lien, equity or right vndet ar by virtue of this mortga~e, and t6e !uU amonnt of each ~ad every such p~yment ~liaU be Immediately due and p~yable and s1~aU bear interest from the date thereof uatil paid at the nte ot cen per ceatum per aanum and together with such interest ~hall be aecnred by t~e lien of this mortg~ge. 4. To permit, eommit or autter no waate, impairment or decerioration of s~id property or any part thereot. 5. To pay all aad aingular the coete, chargee and e:penses, inch~ding reaaonebie lawyet's feee ~ad aoet of ebstracts of title, incurred or psid at• sny time by said Mortgagee becaux end/or in the event. ot the taiture on the part ot the said Mortgagor to duly, promptiy ~nd fully pettorm, diechargs, e:ecute, effect, oomplste. eomply with and ~bide by e~eh and every the atipul~tiona, agreementa, conditions and ooveaant~ of said pmmissory note, and this mortgage. any or either, and eaid cwte. ch~rges sad s:pr+ses. esch and every, shall be immediet~ely due and p~yabk, wl~ether or not there be notioe, demand, attampt to a?Uect or suit pendiag, ~nd tAe fuil aa~ount of each and every snch payment shall be~r intereet tram the date thereoi unt~ p~f at the rate of ten per centum per aanum: and all said costs, ch~rges and ezpenees ~o ineurred or paid, together witb aucs intereat, slull be eecured by tAe lien of this mortgaga. B. That lal in tAe event oi any bre~ch of thia mortgags or default oa the part of the Mottsigor. ~ Ib) in tbs • event any of eaid aums of money hecein referred to bs not P~PUY P~ witl~in te~ days aest atter the same severally beoome due wd payabie. without demand or aotios, or (c1 in the event each and every the stipulations. agreementa. eonditions and oov~ants ot said promissory note and this martgage, ~ny or eitber. ~ee oot duly. Pro~Ptly and fully pectorened. discharged, ezecuted. eHected. compkted. oomplied with and abided by. then. in eitl~ or any ~ach event, the eaid aggregate sum mentioncd in eaid promiseory no£e then remaining unpaid, with interest accr~ed. and all moaeya secured hereby, shaD bscome due and payable forthwith, or thersaher, et the option of said Mortgagee, ae tuUy and oompktely as if dl ot the eaid sums of nomey Rere originally etipulated to be paid on ~ auch day. anything in eaid promissory rwts. and or in thie mortgage to the concrary notwithetanding u~d thertupon or thereafter at the option of ~id Mortgages, withoat notioe or damand, suit at la~v or in equity, theretofore, or thereafter begun, may be p~wecuted as ii aU moneya secvred 6ereby 6ad matured prior to its institution. ~ 7. 11ut in the avent that ~t the beginn{ng of or ~t any Lime pending any suit upon this mortgage, or W torocbx it, or to retorm it, and/or to enforoe payment ot any claims 6ecbunder. aaid Mortgages stull appty to the oourt 6~ving jorisdictan tl~ereof for the appointment of a fteceivef, euch co~ut shall forthwitl~ ~ppoint a Reosiver of said ~B~ P~tY all and aingular. including all and aiagulu the ratts income profits. iasue~ aed revenueshom whatever source derived, e~ch snd every of whicA, it beiag ezpressly underscood 'u hereby mortg~ged ae if specifically aet torth and described in the granting and habendum cLt~es hereof, and such Iteoeiver shall hsve aU the broad ~nd effective functiona and poaers in anywise entru~ted by • courl to a Receiver, and ~uch eppointment ~ shaU be made by auch court es en admitted equity and a matter of aM~olute riR6c to said Mortgagee, and writhout ~ ref~ence to the edequacy or inadequacy ot the value ot the property mortgaged or to the eolvency ot insolvenry of said Mortgagor andlor of the defendants, and that auch rents, pro6ta, income, inaues and revenuea ehall be applied ~ by eoch Receiver ~coording to the tein and/or equity of ~aid Mactgagee and the pnctice of such oonrt. f ~ S. It is understood aud agreed that thie mortgage is ~ve~ to secun, in addition to the note or obligation ~bove described any ~dditioual bane or fnt~ue ~dvance~ mads wit6in twe~ty years from d~te h~eof by tl~e mortgagee to said mortgagors or ~ny aocceseor ia title of said awrtgagors ot the property heceby o~nveyed: provided that the total unpaid balance of the indebtednea~ secured hereby at any one time shell not e:ceed the muimum prindpai amountoi TWO THOUSAND NINE HUNDRED SEVENTY (~2970.00)------------- li plue intereet thereon and any cUab~uxmaite made by the mortgagee for the p~yment ot tazes, kvies or inaur~noe on the property encnmbered hereby, with interest on such diabureemente. ~ 1N WiTNESS WHEREOF, the said Mortgegor h~e e:ecuted thia mortgage under stal on the dey and yeer herein fvst above written. ~ Signed; ~nd d'vered ' p ce of: • ~I~~''`.r~ ~ . ISEALI ~ ISEAL? ~ Anna uth Vest ; STATE OF FLOftIDA ~ COUNTY OF 3T. LUCIE ~ ~ Lucian W. Vest and Anna.Ruth Vest, his wife of ~ Before me persoaaUy ~ppeared ~ 2610 Wilmette Ave., Titusville,~ F1. 32780 ~ - ~ to ,ne .rou kno..n ,nd lmown w qs w be che ;ndh~ian.LS aesm-bea in .na .?ho szecuc.d tM\t~.6~oteac i~tria4eo~ ~ ~nd aclmowbdged betore me th~t .Ths.y e:eeuted t6e same tor t6e pt~rpose~ tberein e~~w~d:: - . ~ j'-; :,~I ~ ;r ~ wi~ss ~r e.na .na orr~ ~ ct~ 5th ~y of Nov. ~.1~ ~ . ~ • ~ ; - Notary PnbNe.in - . : 3 ' ~ ! , . . ~ r ~~R PaGE • ~+V a • ~ . ao~K3 ~ ' ' .