HomeMy WebLinkAbout0837 ,
45Q'730
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!919 .N~! 10 IIl~ ~ 51
ST UCIE
CO ~~jY~t A•
~t~ER P~TRA~
~ CLEK1t CIRCUIT CO
! ]f~j
,
R£COaD VCRIF~EC.-~ ~ -
s6a11 have the option to receive •nd epply the same on aaount ot the inde+btedaees secured. hereby or to permit
said Mortgaaor to nceiw ~nd use it w any p~rt thereot for other pu~osea without thereby waiviog or unpairing
any equity, lie~ or right under or by virtue oi this mortgage: and in the event ~aid Mortgagor shaU fo~ any ~son
fa7 to keep Lhe aaid premises ~o ioaured, or tail to de6ver promptly ~ny o[ eaid poUcies ot inauanca to aid
]Mortgageb, ot hil promptly to pay fuUy eny premium t6erefor, or in ~ny reepeet fail to periorm. disch~rgs,
~cute, e[tect, complete, eomply ~vith and abidp by thi~ covenant, or en~ part Aereot, aaid Mortg~gee may pLoe and
psy for ~uch inaurance or any part thereof ~vithout weiviag or attecting any option, lien, equity or right undtt or by
virtue of thia mortg~ge, aad t6e tuU amount of e~ch and every such psyment shaU be imaiediately dos and p~ytble
and shall bear intere~t trom the date thereof until paid ~t the nte of tcn per centum per annum and tog+ether with
sueh interest ~hall be secured by the lien of thia mortgage.
To permit, commit or aufter no waate, impairn~ent or deteriontion of said property or any part thereof.
S. To psy nU snd ~ingular the coste, charges end e:penses, inch~ding reasonabk lawyer'a teea and ooot ot
ebetracte of title, incurred or paid et• any time by said Mortgsgee becaux and~ar in the event of the failuro on the
p~rt of the ssid Morteago~ to duly, promptly ~nd tully perform, diechuge. e:ecute, effeet, oomplete, rnmply with
snd abide by each snd every the stipulstione, agreementa, conditione u~d covenents of ssid prontissory note, and
thi~ mortgage. any or either. ~nd eaid co~te, chuqes and e:penaea, each end every, ehall be immediatety due and
psyable, whether or not there be notice, demand, attempt to collect or ~uit pending: and the full amount of each
and every ~uch payment ~haU ba~r interea! from the d~te thereof unW pairl at the rate of t,en per centum per
~nnum: and all said cwts, clurgss and e:penees ~o incurred or paid, together with ~uch interest, ~hall be secured by
the lien ot thi~ ~nortgage.
6. That la1 in the eveat ot any bre~ch of thie mortgags or default on the part of t6e Mortgigor. or Ibl in the
• event any ot said eums oi money h~ein referred to be not promptly and tully paid ~vithin te~ daye nezt ait~ tha
ssme eeverally beoome due and psyable, wit6out demand or aotice, or lc1 in the event each and every the etipu)ationa,
agreemente. conditions and oovenante of said promissory nots and t6is rnortgage. any or eitAer. a» not duly.
promptly and fully perform~d. diecharged. e:ecuted. effetted. compkted. rnmplied with and abided by. then. in eit6er
or any such event, the said aggreg~te sum mentioned in said promiaeory noc+ then remaining unpaid, with interest
accn~ed, end all moneya eecured hereby, ahaU become due and payable forthwith. ur thereefter, et the option of said
Mortgagee, sa fully and completely a~ if all of tMe said sume of nome~• were origin~lly stipulated to be paid on
auch d~y, anything in aaid pmmiseory note. and or in ttis mortgage to the contrary notwith~t~nding: and
thereupon or thereafter st the option of ~aid Mortgagee, w~ithout notioe or damand, suit at law or in equity.
theretofore, or thereafter begun, may be prosecuted ~a if all moneys xcured hareby h~d matured prior to ita
iustitutan.
T. That in the event tlut at the beginning of or at any time pending any suit upon this mortgage, or to forecbse
~ it, or to reform it, and/or to enforce payme~+t ot any claims hereunder, said Mortgagee shaU apply W the oourt
~i haviug jurisdiction thereof tor the eppointment of a Receiver, euch court ahall torthwith appoint s Receiver ot said
mortgaged property all and singular, includinq a0 ~nd singulu the rents income proCts, isaues and revenues from
~ whateve~ eource derived, e~c6 and everv of which, it being ezpreaeiy understood is hereDy' Rwrtg~ged ee if
~ specifically ~et forth and dexribed in the Rranting and habendum claures hercof, and such Receiver ahall have
`s all the broad end eftective functiona end po~rers in an~arix entru~ted by e court to a fieceiver, and such appoint~nent
j shaII be made by auch court ae an admitted ~quity end e matter of ab~olut~ riQt,t to said MortRagee, snd ~vithout
~ reference to the adequacy or inadequscy of the vslue of the property mortgaRed or to the eolventy or in~olvency
of uid Mortgagor andlor of the defendants, and that ~uch rent~, prof~t~, income, ieaues aad revenuea stull be applied
j by such Receiver aceording to the lein and,'or equity of aaid Matgagee and the prectice of auch oourt.
! ~
~ 8. It is underatood and agreed that thie mortgage i~ given W se~vre, in edditioa w the note or obligation
ebove deeuibed any additioasl bene or future advance~ made witAin twenty yesrs from date hereof by the mortgagee
to said mortgagore or eny euoceasor in title of eaid mortg~gore of t6e property hereby conveyed; pmvided tl~at the
total unpaid balance of the indebtednes~ secured henby a: any one time shaD nat e:ceed the mazimum principsl ~
1=
1 plue inte
eeXtheHOUS~DnFO~.UR~Hr~U~DREDade ~Yhe OUR ~~6~GG4~OO~-- nt of te:e~. levies or insu~Wnce
~SsB~ PeY~
on the propvty encumbered henby, with intereat on ~ueh disburxments.
IN WITNESS WHEREOF, the said Mortgagor hae e:ecuted thia mortgaqe under eeal on the day and yenr hernin
first above written.
~
~ S' , eesled an elivered in the prexnce of: _
-z~- ~ '~+y-- ~ ISEALI
~ _ loise Webster Turner
fp
ISEALI
~
a
~ STATE OF FLOftIDA
as.
q COUNTY OF ST. LUCIE -
~ Eloise Webster Turner of 4233 Fort Dupont Terr., S.E.,
~ Beforc me personaUy appeared
~ Washin ton, O.C. 20020 . ~ . ; ~
~ . .
~ to me well kewwn and knawn to me co be tAe individwi... deeaibed in and wbo s:ecvted .the . ''•t
~ : , ' .
and ~cknowledged beforo me tlut S.hs.... e:ecuted the eame for t6e p~upoeee therein e ~F~as, •
r ; `
WITNE33 my hand and official eeel thia 27~ _ d~y ot ' JU~.' lg = ;
- C •1 :
?
Notary ~ r '_,,.5~
~ ihe Counly ~
~ • ~,Rc~ ~ Carol~ .J. '~te~s~
, B:IUK PMGE 8~•J M j,~rc~h 8 1982
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