HomeMy WebLinkAbout0827 ~5Q'726
~ !919 JU!_ 10 llk ~ 5 I
~T~GER~POITRASA.
C1,ERIt CIRWI? CWR!~~~
RECOPO Vf.R1F'Er--~'1
sAaU have ths optan to receive a~d apply the eame on sccount of the indebt,ednsee secured Aereby or W permit
s~id Mortgagor W reeeive aad use it or any part, LAereof for other purpoxs without tl~eroby waiving or Impairing
.nr ~u;cy, lien o~ right under or by virtue of this mortg~qe: and in the event said !Nortgegor shall tor any e+eason
tu') to keep lhe ~aid premisee ea insured, or fail W de6ver promptly sny ot said policies ot insuranoe W sald
Mortgagee, or fail promptiy to psy tuUy eny premium thera~tor, or in any rospect fsil to pertorm, discMrge,
e:cute, effect, complete, comply ~vith end sbide by thia cove~ant, or an~• psrt hr.r.wf, said Mortgagee m~y plaae and
p~y tor such insurenee or any pert thereof withoat weiving or aHectinR sny optinn, lien, equicy or righc under ~ by
virtue ot this mortgage, aad the fuU amount oi eacA and every such payment ahaU be immedistety due aad payable
and el?all be~r interest from the date thereof until paid st the race ot ten per centum per annum and together with
such intuest aheU be secured by We lien ot thia mortgage.
4. To permit, commit or sufter no ~raste, impairment or deteriorstioa oi ~aid ptoperty or any p~rt thereot.
5. To psy all and aingular the- co~te, charqee and e:peeaes, inclodicy~ rea~onabk lewyer'a [ees and caet of
ebstnets of title, incutred or peid at• any time by said Mortgegee becaux an3;w in the event ot the failure on the
p~rt ot the said Mortqagor to duly, promptly and fuUy psrform, dixharge, e:ecute, eHect, compkte, rnmpty ~vith
and ~bide by each nnd every the etipulation~, agreemeate, rnnditions and covenants of eaid promiseory note, and
thi~ mortgage, any or eiiher, and esid cQata, charRee and e:penaes, eaclt and every, shall be immediatdy due and
paysble, whetAer• or not there be notice, demsnd, attempt w collece or suit pendinp~: snd the full aaaant oi each
and every such peyment shall bear intrreet from the date thereof until pnid at the rate of ten per oentum per
annum: and all eaid coets. charges and e:penxs so incurred or paid to8~ether ~vith such interest, ~haU be eecnred by
the lien of this mortgage.
6. That Ia1 in the event ot any bre~ch of this martgage or default on the part of the Mortaagor, or Ib! in the .
- event aay of aaid aums of money herein referred to be aot promptty ~nd [uUy paid within tsn days nait att~ tbe
ssme aeverally become due and p~yable, wit6out damand or noticc, or Ic? in the event eech and every the stapul~tiona,
agreea~ents, eonditions and covenanta ot eaid promissory note and this tr,ortgage. eny or eith~. are not duly.
promptlq and tuUy performed, diecharged, ~ecut~d, eHected, completed, complied with ~nd abided by, thai, in either
or any ~uch event, the ~aid aggregate sum mentioned in aaid promiseory aote then rom~ining unpsid, with intere~t
accn~ed, and aU money~ aerured hereby, shaq become due and payable forthwith. o? there~fter, st tl~e optae of said
Mortgegee, sa tully and completely if ell o! the aaid sume of nomr~• _wern originally atipul~ted to be p~id on
~ch dsy, anything in eaid promi+sory note. and or in thia m4rtgage w che contrary . notwitRatanding, end
thereupon or thereaftcr at the option oi said Mortgagee, without notice or dacnand, suit at le~v or in equity, ~
thereWfot~e, or thereafter begun, may be ~oxcuted ~s if all moneye xcured hereby had metured prior to ita
institutan.
7, Tlut in t)te event that ~t the beginning oi or at any time pending eny euit upon this mortgage, or to foreclose
it, or to reform it, ~nd/or to et?force payment of nny claime hereunder, aaid Vlwtgagee shsll apply to the rnurt
heving juriediction thereof tor the appointment of e fteceiver, euch court ehall forthwith ~ppoint a Receiver of aaid
mortgaged property aU and aingulu, inctudinq atl ~nd singular the rents income profite, isaues aad fEVCDIIlS ~T061
j whatever source derived, each end every of which, it being e=presely unders~ood i~ hereby mortg~ged ea it
~ specificaUy eet forth and described in the Rranting and hebendum clau~es F~rr~~f, and such Receiv~ ahall heve
~ aU the broad and effective functions end powers in anywix entrusted by e court te a Receiver, end snch appointmenc
~hall be made by such court sa an edmitted Pquity and a mstter of ab~olute :;QF:t to said MortRsRee, snd without
reterence W the adequacy or inadequacy of the value of the property mortgaRed or to the ~olvency or ineolvency
of said Mortgagor andlor ot the defendants. and that such rents, profits, income, iaauee and rcvenues ehall be applied
~ by euch Reeeiver acoording to the lein andior equity of said MartgaRee and the practice of auch court.
8. it ia understood and agreed that thi~ mortgage ia given to secvre, in addition to the note or obligation
above dexribed sny additional Iwns or luture advances made within t~venty years from dste hereof by t6e mortgagee
to e~id mortgagors or any socc8seor in title of said mortgagore of the pmperty hereby conveyed: provided th~t the
total unpaid bslence of the indebtednea~ secured hereb ai an one t' ahall not e: the mazimum principal
ainou~t ot T{~IELVE THOUSAND TWO HUNDRED ~MIENTI~ SIX ~~12~226,00~------------pouar~ ~
If 1, plue intereei thereon and eny di~burxments made by the mortgapjee for tl~e p~yment of taxe~. levies or insurence
on_ the property encumbered hereby, with interest on euch diabureement~.
IN WITNESS WHEREOF. the said Nortgagor hse e:ecuted thie mortgege under eeal on the day and year herein
Cvst above written.
S' and 'v presenc~of: ~ _
C.~t
V ~
GU'I YO COV C ISEALI
,
~ , f ~ ISEALI
YO~COV~C~
STATB OF FLORIDA
~ ~
COUNTY OF ST. LUCIE
~ Before me per~onally ~ppeared Guido Volcovici and Fe Yolcovici, his wife of
~ 28 Claudet Way, Eastchester, New York 10709 :;t,~, ~
~ . - ti -
",n.~i~~ ~~•'~~~Zf~ ~
~ to me well icnown and lmawn to g~e W be the wdividual.S deeclibed in ~nd who ~ecuted the: . ~
~ and aekeawlsdged before me tl~at . tiM.Y. e:ecuted the eame for the puposee therein e~,." 7•. ~
~ x ~Cv. ~ :
w~TNESS mY h.na .oa orfic;.~ se~u ch;s 26 da,, of April -
~~•~;rl;t ~8 a~
. C~ , -
Notuy P~
~ ~ ~ I
~ the County ,
~i • ~~4n M Caro~~e~J
~~hes
. BoOK•,~~ P~~E 8~5 yMarch 8,1982 ~
~