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Home My WebLink About0817 . . 1919 Jtl1. 10 AN ~ 50 ~UCi NCOUNTY.iIA. ~~E~~T COUSR~f~~~ ~l 1~~t'S~ ~ ;({ECQRDVfa1FiCQ shall have the optaa to receive and app?y the same oa socount of tl~e indebtednsss securod hereby or to pe~rmit stid Mortg~gor to teceive ~nd ues it or any part thereot fo~ otl~et putposes without theroby waivina or impairing wy equity, lien or rigbt under or by virtue of thie mortgags: and in the evsat said Matgagor sluU tor any re~son [a~ to keep lhe said pcemises eo insured. or fail to deliver prompcly any oE said policies ot iasur~nos w s~W Mortgage0. or tai! P~PUY ~ WY w~Y ~Y P~um theretor. or in any respect t~il to pa~form. discharRs. ~cute, eifect, complete. comply ~rith and ebide by thu eoveeaat, or anv p~rt he:not, s~id Mortgages m~y plaas and p~Y for aucb in~urance or aay part thereof without waiviag o~ ~ttecting any option. lien. equity ot rig6t undsr or by virtns of thie mortg~ge, aad t6s fuU amount oi e~cA ~nd every sacA _payenent sha0 be immediately dus and payabb and shdl bear intered from the date t6ereot uatil paid ~t the nte ot t~ per centum pe: annum u~d together writh such intarest ahaU be ~scured by tse lie~ of this mortg~e. 1. To permit. commit or suHer no waste. impairmeat or deterioratioa of said property or ~ny part tl~ereot. 5. To pay aU and aingular the oosts, ehargss end e:penae~, ineluding re~sonsbb lswy~'a fees and ooet ot abstreets of titk, incurred or paid at• any time by eaid Mortg~gee beuuee snd/or in the event ot the fa~7ure on the part of the eaid Moetgagor to dulY. P*o~tlY ~nd fully perfonn. diecharge. e:ecvte. eftect, oompkte. oumply with and abide by each and eve~y the etipulatious, agreements, oonditions and covenanis of s~id promi~sory note, and this mortgage, any or eitber, aad said coste, charges and e:penses, each and every, ehall be immediately due and payabk, whether or not tl~re be notice, demand. ~ttempt to collect or suit pending; and the full amoant oi each and every such p~ymeat ahall bear intereet Erom the date thareot until paid ~t the nte of ten per centum per annum: and all ~aid cosss. charges and e:psnsea ao incurred or paid. together with auch intereet. ahdl bs sscuied by the lisn of this mortgage. 6. That Itl in the eveat o( any bre~ch of this mortgage or default on the part ot the Mortgigor, or Ibl in tAe • event ~ny of said sums of money henin roferred to be aot promptly and tulty paid within tea days nest after tbe same sev~ally beeome due and p~yabie, without demand or notice, or Ic1 in the event eacs end every the stipul~tioos, agreemsnts. conditions ~nd rnvenants of said promie~ory note and thia mortgage. eny or ~ther. ~re ~t duly. promptly and fuUy p~formed. dischuged. e:ecuted. effected. oompkted. rnmplied with and abided by. tb~n. in eithe~ or any euch event. the asid aggregate sum mentioned in said promissory note then rem~iniog unpaid. with int~rest accrued, and sU moaeys eecured hereby, aAall become due and p~yabk forthwith, or thereaft~, at the option of s~id Mortgagee, es tully and completely if all of the said ewns ot nomey were originally etipulated to be p~id on such dey, anything in said promissory note, and or in this mortgage to the contrary aotwithstaading, aad thereupon or thereafter at the option of eaid Mortg~gee, without notice or damand, suit at law or in eqaity. theretofore, or thereaher begun, may be prosecuted aa if dl moneya ~ecured 6ereby had matured prior to its instiWtion. 7. That in the event that at the beginning of or at any time pending any suit upon thie mortgage. ~ to foreclose it, or to reform it, and/or to enforce payment of eny claims hereunder, aaid Mortg~ges ahall appiy W the aonrt having jurisdictan thereof for the sppointment of a Recaiver, euc6 rnurt ehail torthwith appoint • Reoeiver ot esid mortgaged property aU and singular, including all and singular the rents income profits, isaue~ and reven~ea trom wlutever source derived, each and every of which, it being e:pressty under~cood ie hereby mortgaged ae if ' specifically set torth and described in the ~anting and habendum cleuees hPreof, and euch Receiver ehall have I all the broed end effective tunctions ~nd powera in anywise entrnited by • court to a Reoeiver, and anch appointment ~ slull be made by such eourt •s an admitted equity ~nd a matter ot absolute right to aaid Mort~gee, and without ~ reference w the adequacy or inadequecy of the value of the property mortgaged or to the eolvency or inedvency of said Mortgagor andlor ot the defendants, and that auch rente, profits. inoome, issues and revenues s6aD be applied ~ by such Receiver acoording to the lein end/or equity of ~id Mortgagee and the pnctice of euch aaut. ~ 8. It ie understood ~nd agreed t6at tlue mortgage ia ~ven to secnse, in addit'aa to the note or ob4gatioa ~ above described ~ny additional loaas or future adva~es made within twenty yars irom date hereof by the mortgagee to said moetgagore or aey eucceseor ia title of said mortgagors of t6e peoperty hereby conveyed: provided tliat the total unpaid balance of the indebtedne~+ ~ecured hereby e: any one tirae ehall not e:eeed the ma:imum principal ~ amounc ot SIX THOUSAND TWO HUNDRED EIGHTY (Z6280 00~ ~ li 1, plua interest the~eon and any diabursemente made by the mortgagee the p~yment ot ta:es, levies ~ ins~nrxe on the propvty encumbered hereby, with inte:eat on wch diabursements. IN WITNE3S WHEREOF, the said Mortgagor hae e:ecuted this rnortg~ge under eeel on the day and yeer henin first above written. 4 Signed, seded and deGvered in the pre~ence of: - - ~ n ,i~ ~ ' ,_j " t _ ISEALI ~ . ~ n . ~ n on ~ ISEAI.1 ~ re a ~nson ? SfATE OF FLORIDA ~ COUN77 OF 3T. LUCIE ~ ~ Before me personally ~ppeared Sydney C. Wilkinson and Freda Wilkinson, his wife i E • i * ~ s ' a ~ to me wel! known and Imo~wn to to be ths individwS.. deecribed 'm and who ~ecuted ~ ~ ~ and aeknowlsdged betore me t6at ~,Y ~ecuted We eame tor the piuposes tiurein e~ ~ ,;:,t, ,e,; 31st - ~ _ wi~ss my ~.~a .na o~ ~ c~;s a.y oi Dece :78 ~ , ,K ,-1 ti::_~. ~ . Nut~ry tesd ths Count~il~~ ~t~ « ~id. ~ _ ~~R ~carole . ~fc `~es ap~K~~2 P~GE 815 ~tarch 8, 19~1