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~~~t06CER Po1TRa~~~ ~
f~EpK CIRCWT C01~~!~.~ ,
RECORD VERIf ~C^----~' +
slull have the optaa to receive and apply the eame on accouat ot ths indebtednese eecured hereby or to psrmic
sald Marrtgagot to receiv~ and use it or any part thereof for other purpoeea wfthout t~ersby wdving or imp~iriag
any equity, lien or right under or by virtue of thie mortga~e; aad in the eveat ~id Martg~gor ahall for any reason
hil to keep the eaid pnmises eo insured. or fei~ to deliver promptly ~ny oi said policies ot iaauanoe w iaid
Mortgages, or t~il promptlY to psY fully eny preminin therefor. or in eny respeet tail to pxfotm, dischargs.
e:cute, eftect, tomplete, compiy with and sbide by thie cevamnt, or sny pen hereot, eaid Mortgagee may plaae ~nd
pey tor s~ch in~rence o~ eny part thereot without ~vaiving or affectinR any option. Gen, equity or right uuder or by
virtae of this mortgage, aad t6e full amount ot e~ch sad evsry auch payment shsU be immediately due and payable
and ehaU bear intereat from the date thereof until psid •t the r~te ot ten per centum per annum and togetAer with
snch interest ah~U be secured by the lien of thie mortqage.
4. To permit, commit or aufte~ no wn~te, impairment or deteTiontion of ssid property or any part tA~eof.
5. To pay aU end singular the coats, chargee end e:penses, including rea~onsble lawyer'~ tees and owt of
abscncte of title, iacurred or psid at• any time by eaid Nortgagee becawe en.~/or in the event ot the tailure oa the
p~rt ot the aaid Mortgagor to duly, promptty and fully pertonn, diacharge. e:e~cute, effect, tomplete. coanpty writh
and abide by each and every the etipulations, agreements, eonditions ~nd covensnta ot eaid promissory note, and
thi~ moKgage. any or either, end asid rn~ts, charqes and e:pnn~es, e~ch and every, ehall be immed'uRely due and
payabk, whether or not there be notice, demaad, sttempt to collect or suit pending: and the full amount of eech
ard every such payment ahsU bear interaet from the date thereot until paid at the ~ate of ten per centum per
annum; and all aaid coats. charges and e:penxs so incurred or paid, together with such intereat, ahaU be secured by
the lien of thia mortgage.
6. That te1 in the event ot any breacA of this mortgage or def~uk on the part of the MorEgagor, or (b1 in che
• event aay of said ~ums ot money herein referred to be not promptly snd fiilly paid writhin ta~ days nezt ait~ t6e
esme severally become due and psyable, without demand or notice, or Ic) in the event each snd every the etipul~tions,
agreements. rnnditiona and rnveoants ot aaid promieeory note and thie mortga~g~e. eny or either. are aot duly.
promptly and fully pertormed. diechsrged. ezecuted. effected. compkted. complied ~rith and abided by. then, in either
or eny euch event. the ~sid aggregste sum mentioned in aaid promiaeory note then remaining unpaid, with intereat
accrued, and all moneye eecured herebp, shall become due and payable forthw*ith. or thernafter, et ihe option of said
Mortgagee, as fuUy and oompletely ee if all of the eaid eume of nomey were originally etipulated to be paid on
such day, anytliing in eaid promiseory note, and or in thia mortgage w the cootrarq notwithatanding, snd
thereupon or thereafter at the option of said Mortgagee. withont notice or dsm~nd, euit at la~r or in equity.
theretofore. or thereafter begun, may be prosecuted as if ell moneya ~ecured hereby had matured prior w its
inatitution.
7. Th~t in the eveat that at the beginning of or ~t a~y time pasding any suit upon thie mortgage, or to forecbse
~ it, or w reform it, and/or to enforce psyment of sny ctaims here~nder. ~aid Mortgagea shaU apply to the court
~ having jurisdiction thereof for the appointment ot a Receiver, auch court df~aU forthwit6 ~ppoint a Receiver of said
' mortgaged property ell and singuler, including aU and ainRular the rents income protits, iseuea snd revenues from
~ R+hatever source derived, each and every of which, it being e~reeely un~erstood ia hereby mortgaged _ ae if
` speci6caUy set torth and dexribed in the ~trant:t?g and habendum clauses I~ereof; and suth Aeceiver ~hall have
~ all the broad snd Pffective functiona and powers in enywi~e entrusted by s court to e Receiver, and 9uch appointment
( shsll be made by such court es en admitted equity end a matter of eb~lut~ : iRt.t to said Mortgagee. and arithout
~ reference to the edequacy or inadequecy of the value of the property mortRaRed or to the eolvency or insolvency
f of said Mortgagor andlor of the defendants, and that such rent~, pmfita. inoome, iesues and rovenuee aha11 be applied
! by such Receiver according to Lhe lein end~or equity of said Mortgagee and the practice of auc6 aourt.
~ 8. It ia undetetood end agreed that this mortgage ia given to secure, in addition to the note or obtigaR:on ~
ebove de~cribed sny additional losns or [uture advances made within twenty yeare from dsce hereof by the a~ortgagee
to s~id mortgagors or any auceessor in titk ot eaid mortgagore of the property hereby conveyed: provided tl~at t6e
total uapaid bslsnce of the indebtedness secured hereby any one tia~e ahall not e:ceed the mazimum principsl
amount ot TWO THOUSAND E~C~HrT HUNDRED I~I(~~TY EIGHT ~~~898.00~- ------D°ll"r'
li 1, plue interest thereon and sny e semeate made y e mortgapree f t peyme of tasee leviea or insurance
an the propvty encumbered hereby, writh intereat on auch di~bursements.
IN WiTNES.S WHEREOF, the said MortgeRor hse ezecuted thie mortgage ~nder eeal on the day end yesr herein
first above written.
Signed, sealed and delivered in the presence of-
i
. . . _ . . ~ ISEALI
- es er . anneman, r.
R i %1: ` ISEALI
~ Marilyn R. Hanneman
~ STATE OF FLORIDA
~ ss.
~ COUNTY OF ST. LUCIE Jr
~ Lester A. Hanneman~and Marilyn R. Hannema?i, his wi€e
~ Before me peraonally eppeered
~ ~ of 1006 Cobble Hill Ct., Hoffman Estates, I11. 6019 ti~ ~
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to me wsll k~wn ~nd Imown to me to be the individuats. desaibed in ~nd wFw szecuted: ~ ~
and ael~mwlsdged bstore me that ..:~e..Jre:ecuted ths same for the purpoeee therein e ,;~r:; ~r~,.-1;
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WITNE33 ~?Y n.na .oa or~w ~ cn;s 2Qth d,y oi June . i~9 t.. ~
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Noury . fft~a'i
~ • cn~ c~warol e. ik i es ~
~ R ~ 1~ PbGE V~ O My oornmi~sbn ezpires.
. 300K March 8, 1982
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