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Home My WebLink About0842 ~ ~5Q`732 ~919 Jt'! I 0 AM a~ 2 • ~~~~~~~F"A. ~RGtN'i COl~t~~ k~C4~~t'EP.!fff9_ shall luve the option to receive and apply the same on account of tl~e iadebtednsse eecured l~ersby or W pe~mit said Mortga8or W receive and uss it or any part thereot tor other {wrpo~s+ without therebY waiving or Lnpairing auy equity. liea or ri8ht under or by virtue ot this mortge~te: aad iu the event aaid Martgagor shdl tor wy re~son ot insunate to ~aid fail W Icssp t.he said p~emieee eo insured. or f~il to deUver promptly ~ny ot said ~ orm. dix~srBe. Mo~tg~ges. or tail promptly to pey tully ~ny preduum t~'~erefor. or iu any reepect l~os and e:cute, ettect, compkte• comply ~vith and sbide by thiu eovensnt, o~ eny pert hereoi, aaid I?iortga(~es Y p p~y for ~uch in~unnee or a~y patt thereoi writhout w+aiving or aNectinR any option, tien, equity or ri8ht undef or bY virtue ot this mortB~Be. ~nd th~ wu amount of esch aad svery such payment shall be unmedi~tely dus and p~y~ble ~~u ~~e~st {rom the date thereof ~nti1 paid at the rate of ten per ceacum pcr annum and toget!?er with ~uch interest ~!?aU be sseured by the lien of this mortgags. To permit. commi~ o~ ~uffer no waste, impairment or deterioretioA of aaid prop~rty or ~nY W*t thereof. S. To pay tU and singulsr the co~te. chargee snd espenses. includinR r~aonsble lswryer'a tees ~nd to~t ot abstracte ot title, incurred or psid at• any time by saed Mortgagee because end~or in tl~e event of the tailure on the part of the said Mortgegor to duly. prompcly snd fully perform. diecherBe. e;ecute. effect. compkta complY with snd ebide by each and every the atipulatione, agreements. conditioas and covenents of eaid promiseory note• e~~d this mortgaRe. any or either. aad eaid costs. cAargee snd e:pen~ea. each end every. ~hall be iminediately due and p~yabk, whether or not there be ~°~ia• ~~d, ~ttempt to collect or ~uic PendinR: ~nd tl~e full amount ot each and every auch psyment shaU bear interest h'om the date thereot until paid at the rate ot ten per centum per u~num: and aU ~aid coats. charges and ~pcn~es ~o incurred o~ Wid• wB~~her rrit~ such interest. ~hall be secured by the lien of thi~ mortBaBe- g, Tbat Ia1 in tbe event of any bre~ch at thia mortg~8e or det~ult on the part of the Mortgigor. or Ib) in the «ithin Leia days aezt aft~ the • event aay ot said snma of money herein referred to be not prompttY and tuUY P~ ~me eeverally become due and pay~ble• witMut deaund or notice. or Icl in the event each end every the etipul~tans• agreements. COAd11~10ifs and ooveo~nts of s~id promissory note and Uus mortga~. any or eitt~. ars not duly. promptty ~nd fully Pettormed. di~Ch~6'°d. ~~ted. ettected. completed, complied with and ebided by. thet~. in eitl?~r or any ~uch event. the said aggregate eum m~ntioned in said promissory note then remaining unpaid, with int~erest K~~. ~d ~~ys hereby. ~}~all become due and p~yabk fas:.F+writh. or therea[ter. et the option of said M~~~. tuUy and eoenpletety e~ if all of the said auma ot nomeY were originelly stipulated to be paid on such dey. anyt4?ing in said promissory nots. and or in Lkis mortgage w tAe contrary notwithet~nding: and th~reupon or theresfter ~t the option of said Mortgagae. without not~ce or damand. euit et la~r or in equity. th~etofore. or tha~e~her begun. msy be prosec~ted es it all moneys secured hereby had matured prior to its institution. 7. 'Rut in the event th~t at the beginninB af or at any time perdie8 anY suit upon thi~ mortgage, or w torecbx ~ it. or to reform it. andlor to enforce payment of any claima hereundef. said Mortgagea ahall ~pply to the court ~~g j~risdi¢tion thereof tor the appointment oi a Receiver. such court ahaD forthwith ~ppoint e R,ec.~ver ot esid ~ ~ort,g~ged Property ~Il and aingulu. including all snd ein(;uier the renta income pro~ta, iaaues and revenue~afrom whatever source derived, each and every ot w~Aith, it being e=presely underator,d ia hereby mortgaged epecificaUy eet forth and described in the RrentinR snd habendum clauses FPreof, and sueh Aeceiver ahall have all the brosd snd effective functiona and powe*s in snyai~e entrusted by e court to a Receiver. and such appointment ehall be made by auch court as en admitted equity and e matter of ab~olutc : iQ6t to seid MortRagee. and without reference to the adequacy or inadequecy c.f the value ot the propee'ty mortKaf~ed or to the eolvency or insolvency ~ ot eaid Mortgegor andlor of the defendants, and that such renta. profits, income. ia~ues and revenuee ehall be applied by such Receiver secordinB to the lein snd~or eqvity of said Mortga(tee and the practice of such oourt. 8. It ia understood and a6reed tha< <his mortgage ie given tu secun• in add~tion to the note or obligation above deecribed any additioaal loans or future advancee made within twenty yesrs from dste hereof by the mo~tga8ee to said mortg~gors o* any succeeeor ia title ot said mortgagors ot the p:operty hereby rnnveyed: provided tl~at the total unpeid b~lance of the indebtednes~ ~ecured hereby ai any one time shall not e:ceed the ma:imum p~ .~ouncofSEVEN THOUSAND, ONE NUNDREO & TWELVE DOLLARS (~7,112.00) 1= 1. plue inierest thereon and any disbursementa mede by the mortgaBee for the PaYmen. of taze~. levies ar inaurance on the propvty encumber~d hereDY• with intere~t on euch disburnements. IN WITNESS WHEREOF, the esid MortgsE[or hae executsd thie matgage under +esl on the day snd year herein fir~t above written. gig~ and de6vered in presence of: ~ ISEALI ~ erman . mer ; ' ISE ALI ~ George nn Palmer ~ ATE OF FLORIDA 9~ COUNTY OF ST. LtJCIE ~ ~fo~ ~~y ~p~~ . Shernian N. Palmer and George Ann Palmer, his wife of ~ ; <; ~s ~ ~ . - 2634 Jessu Road Ci nci nnati Ohi o 45239 _ . . _ : , , ~-;,::~,.~~~:~:r;,=. : - t~'fo a~F: ~hlph'n to me to be ths iadividual... described ia and wbo s:ee~ted the foe+e~oing inef:ument. ~ ' '~Y's~~,~t, ....hs.... e:ecuted the eame for the purpoeee there~n e~sed- . ~ ~y ~~pd otficial eeal this daY of 19 ~if -+.4'_ . ~_~i_ . • :~L~~: - . ' ' " ~ . . NOt~ary PubL'C ID Ynd fOT :i:;'" • the Couaty and 3tate Aforeeaid. ••tra,~tti::~ . ' ~ ~~R. P1GE V~0 ~Y~f~~n~•~`3= r` ~ 1~11!)K~~2 m~,:s:on E•: ,rc: A i{ 4~• 1 . u~~ Ea,.c:ti.! :a:.::::c~:. f.-_ ~ , •:o.