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Home My WebLink About0807 . . 450'718 ~ !919 J~J?. ~ ~ ~M ~ ~ 2 ~~R °~"~aA~i' . ac c~acu~ coua~~ NERIF.f 0__--" shall have the option W reteive ~nd ~pply the ume on aaount of che indebt~edns~s secured 6ereby or W psrmit s~id Moctgag~or to receive aad use it or any part thereof tat other purposes witl~oat tbereby waiviag or imp~ing any equlty. lisn or rlght uader or by virtue oi this mortgags: apd in the eveat aaid Mortgagor ahall tor any re~soa tdl to keep tl~e eaid premises eo in~ured. or tail W deliver promptly aay of eaid policies ot insurance to said Mortgagea, or tail pmmpt~Y to p~y lully any premium tt?erefor. ~ or ia any respect fail to pecform. discAarRs. e:cute, etteet, eompkts, rnraply ~rith and abide by thie rnvensnt, or eny part hereoi, said Mortgages u~y placa and p~,Y for such in'surance or any part thereoi ~rithout waiviag or affecti~g any option. Ilea, equity or right under or by virtne of this mortgage, and t6s tull amount of e~ch and sv~y such peyment ahsU be immedi~taly due and pay~bk u~d shaD De~r interest hom tAe date thereot u~t~ paid at the nte of ten per centum pet annum and together with s~ch interest ahall be seeured by tbe lien of thie mortg~ge. 4. To permit. rnmmit or suffer no wa.+te. impairmeat o~ dcterioratioa ot said property or any part thereof. S. To pay all and singular the coete. eiurRes and e:pensea. including reasonabk lawryer's tees and cost ot sb~tracts ot title. iacurred or paid at• any time by eaid Moetgagee because end/or in the eveat of the failure on the part of the aid Mortgagor to duly, promptty and fully perform, dixl~rgs. e:ecute, effect, compkte. eanply witi~ and abide by e~cs ~nd every the stipulation~. agreements. eonditione and oovensnt~ of said promiseory nots. and chis mortg~ge, any or either, ~nd said ea+te. charqes and ezpen~es, esch and every, sball be immediately due and psyabk, w6ether or not there be notioe, demsnd, attempt to rnUect or suit pending; and the full amount ot each and every auch p~yment ~hall bear intereet from the date tAereof unW paid at the nte ot tea per centum per annum: and all said conta. chargss and e:peases ~o inc+ur'ad or Mid. tog~ether with such interest. shaU be aecured by t6e lien of thia mortgage. 6. That la) in the event of any breach ot thie moRgagd or detault oa the p~rt of tbe Mortgigor. or (bl in the • event aay of naid auma .of money hecein roferred to be not promptlY and fuUy paid within ten daqe a~t after tM same sevenUy becaase due and p~yabb, witbout demand or aotioe. or Ic) u? the event each and eve~y the stipulatione, agreements. conditions u?d covenants oi s~id promissory note and t6is a~ortgage. any or ejther. are not duly. promptly and fully performed. discharBsd. ezecuted. eifected. oompleted. complied with ~nd ~bided by. then. in either or any such event, the said aggreg~te sum mentioned in said pmmissory note then remaining unpaid, with interest ~ccived, and all moneya secnred hereby, shall becoane doe u~d payabk to~tb~rith, or thcre~fter, at the option af said Mortgagee, aa tulty and completely as it dl of the said sums ot nomey were originally stipulated to be p~id on auch day. anything in said promissorY note. and or in this mortgage to the contrary notwithatanding and therrupon or thereafter at the option of eaid Mbrtgagee, without notioe or damand, suit ~t lawr or in equity. ' theretotore, or thereaher begua may be p~osecuted aa if all moneya ~ecured lrereby had matured prior to ita institutan_ 7. That in the event that at the beginning ot or at any time pending any suit upon this mortgege. or to forecbx it, or to retorm it, andlor to enforce p~yment of any claims hereunder. ~aid Mortgagee ehall apply to the coart having juriediction thereot for the appointment ot • Receiver, such court ahall forthwitA ~ppoint a Receiver ot aaid mortg~ged property all and aingulu, ine}uding all end aingulu the renta income proGte. iseues snd rearenue~ from wlutever source derived, each and every of which. it being e~ressly underscood is Aereby mortgaged aa if i ~pecifically set forth and described in the ~[ranting and habendum clsu~es Fnreof, end such Receiv~ ehall hsve ~ a11 the brosd and effective function~ and powera in anywix entrusted by e coun to a Receiver. and such appointment ~ a6a11 be msde by auch court ae an edmitted equity wnd a matter of eb~olute : iR}~t to said MortAagee, and without reference to the adequacy or insdeqwcy of the value of the property mortgaRed or to the aolvenry or insolvency of s~id Mortgagor andlor of the defendant~. and that ~uch rent~, pmfita, income, issuea ~nd nvenues sh~ll be applied ~ by each Receiver acoording w the lein ancllor equity of said Mortgagee and the practice of such oourt. 8. It is understood and agreed that this mortgage ia given to secnre, in addition to the note o~ obligation above described aay additional loens or future adv~nees made within tw~ty yeers from date hereot by the mortgagee to s~id mortg~gors or any successor ia titb of eaid aartgagors ot t6a pr+operty hereby coaveyed: provided thst t6e Wtal unp~id balanoe ot the indebtednese secared hereby si any one time ahall not e:ceed the me~imum principel ~mounc ot SIX THOUSAND THREE HUNDRED SEVENTY TWO (6,372.00) DO~' IE 1, plua intereat thereon and any disburaements msde by tlne mortgagee for the p~yment.of tues. kv~es or insuranoe on the propesty encumbered hereby, with interest on such disbursement~. IN WITNESS WHEREOF, tl~e eaid Mortgagor hee e:ecuted thie mortgege under eeal on the day and year herein fir~t above written. Signed, ee~led and delivered in the prexnce ot: L ALl ~ ' ~ ISEALI ~ ~ STATE OF FLORIDA 9~. COUNTY OF 3T. LUCtE ~ Elizabeth E. Edwardsof 13161 SW 7th Place, ~ Betore me pet~onslly appeared ~ . ~ Fort Lauderdale, FL. 33325 ' ~ - : ; . ~ 7 ct~'~ . ~ to me well known and known to me to be ths individual... desQibed in ~nd w6o e:eeuted t6~ fat~oi~~~ cA . "v...ty'°:~ a = and acknowbdged bstore me that g.bs..._ ~ecuted ths same for the p~uposes tharein ezprea~ ; 1 ~ ~ •y~: ~ wITNESS my h.na .ne uffiaal seal ch;s lst a.y of Mav =,~;~_C gr! ° 7 . Nutary ` - . tAe Conntp ` Pd~E ~ C.~ro ~ J. Skiles ~n~x~12 ~ Q1~IR~`~9s2 , - - _