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Home My WebLink About0822 1 . . ~ ~~~~f~~ ~~~1 JVL ~ ~ M~ v~ Fi Eo ~c~u pA~~coaue`o ST~~ ~P~tY~s1 Cl J ~ Q~ - RECOROvER~f'Fr,_.-~ K.l.~= al~11 have ths option to receive and apply the same on accouat ot t1?e indebced~ss ~ecured heceby or to pe~mit s~id Moetgaaor to reeeive ud uss it ar any part thareot tor other puepoees without thereby waivina o~ impattins . aay equity. Uen or right under or by virtue oi tRis mortgags: and ia the event said Mortg~gor sball for ~a,y re~~oa im7 ~o ke~p ths said premises eo insured. or. tai! to deUver promptly wy of evd policie~ oi inauaaos to ~aid Mo~taages, or fail pwmP~iY ~ WY ~vY u+Y W'~~um theretoe~. or in any respect fail W pertorm, dischugs. ~cute, effect, compiete, comply with u~d abide by this eovenant, or am p~ri hereof, said Mortgagee ayy pl~oe and paY for euch inaurance or any part thereof aithout ~raiving or aHeccing any option. lien. equity or right under or by virtue of this mortg~ga, and t6e tull amonnt of eaeh aad every auch psyment shall be lma~ediately due aad pay~bM and slull bsar intetest from tAe date thereof uaW paid ~t the rate ot tea per centum psr annum and Wgstl~ with auch iaterest ahaU be sscured by the lien of ttie mortgage. . ~ 1. To permit, commit or sufter no waate, impa'ument or deterioratioa ot ~aid property oc any part thereof. 5. To psy all and aingular the costs. eharges and e:peneea, including re~son~bk lawyer'e fees ~nd ooet ot _ abstncts of title. iacurred or paid et• any time by aaid Mortgagee becauae end,~or in the eveat ot tbe failure on the part of ths ~aid Mortg~gor to duly, promptty and tully ~parform, dixlurge. e:e~vte, efiect, oompista, oomply wit6 and abide by each ~nd every the atipulations, egreemente, conditioas ~nd oovenanta of said p.romissory nots, and this mortg~ge, sny or eit6er, aad said costs, charges and espenx~, e~ch sad rvery, alull be immed'utely due and p~yabk, whether or not there be notice, dem~nd. ~ttempt to coUect or ~uit pending; and the full amount d e~ch usd every such payment a!?all bear int~ereet from the d~te thereof unt7 paiA at the rate of ten pet oentura per annum: and all said oost~. chugsa and e~enses so incuned or paid. together wit6 auch interest. ahall bs ascured by the lien ot this mortgage. 6. That lal in tAe eveat ot any bre~ch ot thi~ mortgage or dsf~uh on tM part of t6e Mortgigor, a~ (bl in the - eve~t ~ny of said euma of monsy herein referred to be not pranptly and htlty paid within ten daye nsst atter the sams ssver~lly becoms due ~nd p~yRbM. witlaut demand or nocice. o~ (cl in the event each and every the stipulations, agreanents. conditione and coveoants ot s~id promissory note and tAL aw~tgage, ~ny . or either. ve not duty. Pro~P~Y and tully psrformed. discharssd, e:ecuted. effected. cotnpleted. oomplied_ with and abided by. theo. in either or any such event. t6e said aggngate sum mentioned in said promissory note then remaining unpaid. with interest aecn~ed, and ~11 mo~ya eecured hsreby, ahall become due and p~yabk torthwith, or thereafter, at tbe optioa of said Mortgages. aa fuUy and oompktely ss if ell of the said sums oi aomey were originally ailpul~ted to be p~id on such day. enything in said promissory not,e. and ar ia this mortgage to the contrarq notwtthstanding ~nd thereupoa or thcr~ft~r ~t the option ot said Mortgagee. without notice or damaed. ~it at law or in eqaity. theretoforo. or there~ker begun, may be proiecuted as ii dl moneye secured hereby had matured prior to ite inatitution. T. TAat in the eveat tlut at the begiaaing of or at any time pending any auit upon this mortgage, or to torecbse it, or W retorm it, and/or to entorce payment of eey claim~ heraunder, eaid Mortgagee eh~ll apply to ths oonrt having jorisdiction thereof tor the eppointment ot a Aecsiver, such caut ahall forthwitb appoint a Reosiver of said ~H~B~ P~Y ~D and ~ingular. inctuding ail and singu4r the ronte income profite. iseues and revenues irom whatever source derived. each and every ot wAich, it being e~y underatood ie Aerebq mortgaged as if ! ~pecifi~ally set forth and dexribed in the granting and habeadum clswes h~reof, and such Reoeiver alull have i aU the broad and eHective functione and powrcrs in any.vise entrueted by a court to a Reeeiver, snd ~uch appointment . ~ shaU be made by euch court as an edmitted equity and a mstter ~t ab~olute right to ~aid Mortgsgee, and nithout ~ reference W the adequacy or inadequacy of the value ot the property mortgaged ar to the eolvency or ineolvency of e~id Mortgagor wdior of the defendant~, and that auch rents, profits, income, iseue~ aad revenues. shall be applied ~ by such Receiver aceording to the kin ~ndtor equity of aaid Mortgagee and the pr~ctice of sucb oourt. 8. It is und~rtood and agreed t6at this mortg~ge is given w eee~rs, in addition to the note or obbgation above desaibed any additiooal baos or future advanees auds within tweaty years trom dete hsreof by the moetgagee w s~id mortgago~s or aay sncossso~ ~ titls of wd moetg~gors ot the property hereby conveyed: provided ihd tbe tot.~l unpaid baLnce of the indebtedckea secund hereby at any one time shall not ezceed the mazunum prineipal amoaocot FOUR THOUSAND FOUR HUNDRED FORTY ONE (~4441.00~-~-----------~s IS 1. pbs intereat thereon and any diaM~rsemente made by the mortgagee for the paytnent of ta:ee. bviss or ins~rar?oe on the property eec~mbered hereby, with interest on snch diebureementa. ~ 1N WITNE3S WHEREOF, the seid Mortgagor hae e:ecuted tlus mortgag~e under eeal on t6e day and yeer herein ~ firat above written. ~ Signed, se~led and de6vered ia the pre~ence of~ • . , ISEALI 4: ~ , ' ~ ` ; ~ '~J~. J ,'Jl , ~ ISF.ALt ~ - - - ~ ~ eona , i ey STATE OF FLORIDA ~ a~. ~ 2 COUN1'Y OF S'f. LUCIE ~ Hugh A. Willey and Leona C. Willey, his wife of ; Before me pertonaUy appe~red ~ 518 W. llth St. Traverse Cit Mi . 49684 • ~ c~ , .3.' ' +y._ • '+f~, .~1' to ms wsll known and imowa to to be t6s individnaL.sdescribed m and wbo ~eented '~L, ~nd acknowledged befare me that ~.,ye:ecuted the wme for t6e ptuposes tbarein e:presNd~)_•:-: a'~' z^y . , 7th Apri 1 - w.. ;{~:~A:~ ..,~g~: • ~ WITNE33 my hand and otBcial seal this day oi ~s ,.s' b,~ ~ .~a t ~ ~ ~`~C : ~ . . _ , N~•~r w~.. ' - i;R ~aro1 e.`~ i 1 es ~ so~~3~?_ ~ aGE $z0 ~y ~8~82 ,