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HomeMy WebLinkAbout0847 450~34 19T9 JUL 10 AM ~ 52 ~T~~Eii POIT~~SA. CIERK CIRCUIT CO~N13~--` RfCORD~'EPZF~fO---~~ ~ sAall 6~vs the optaa to receive and ~pply the ume oa ~ccount ot the iadobcednsss eecured he~eby or to permit sdd Mortgagor to receive aad uee it or any part thereof for othe: purposea witho~t thereby waiving oe iinpairing ~ny equity, Gea or right under or by virtue ot thi~ mortgage: ~nd in the event uid Mortgagor shall tor any ~son tn7 to kesp the said premises so insured. or t~il w de6ver promptty any of aaid policies ot intunnoe to said Mortg~ges, or tail promptly to pay tuUy eny prer~rium tl~erefor. or in ~ny reapeet tail to perform, diseh~rRe. ~cute, etfect, rnmpkte, comply ~vith and ebide by thie eovenant, or eny Mrt hermt, said Moetg~ges may pLoe and p.y tor such insurance or any pert thereot ~rithout ~raiving or aHecting a~y option, lien, equity or rigfit under or by virtue of this mortg~ge, aad the tull amount ot e~ch and svsry auct~ payment ~hall be Immediately due aad p~yable and elup bear interest from the date thereof uatil paid at the nte of ten per centum per annum and togsther ~vith suc6 int~~t shaU be eecured by the lien ot this mortgage. 4. To permit. rnmmit or sutter no w~aste. impairment or dMeriontioq of ~aid property or any part thereof. 5. To pey aU and ainguler the coate, chargee and e:peneea. including re~aonab~ Iswyer'a tees snd coat ot abatracts ot title, incurred ot paid st• any :ime by seid Mortgagee because andror in t6e event of the taiture on the part of the ~aid Mortgagor to duly, promptly and fulty perform, dischuge, e:ecute, eHect, rnmpleta, comply ~vith and ~bide by e~ch ~nd every the etipulations, agreements, conditana and rnvenant~ ot eaid promissory aote, snd thi~ morlga~te, any or either, and naid coscs, chargea and e:penaee, each and every, sh~U be immediatdy due and p~yabk, whether or not there be notice, demand. attempt to coUect or suit pending; and the tull amount of e~cfi and evcry auch payment ahs0 bear inurest hom the dete thereof until psid at the rete ot ten per oentum per annum: end all said cost~, chargea snd e:penses ao incurred or paid, together with ~uc!? interest, shall be secured by the lien of thu mortgage. 6. That lal in the event ot any bre~ch of thia mortgage or default on tho p~rt of tde Mortgagor, or Ib) in the • ev~t any of said auma of money herein ~ roferred to be not proa?ptly u~d [ulty paid within tan days n~t Jt~er the same sev~ally become due and payabk, witlw~t demand or mtice, or !cl in the event each aad eve~ry tbe stipulations, agreemeate, conditions aod covenante of said promiaaory note and tl~ie mortRage, any or eitbar, ~rs not dnty, pmmptly and tully pertormed. diseharged, e:ecuttd, effected, compkted, comp6ed with and abided by, thes, in either or anv euch event, the said aggregate ~um mentioned in said promiseory note then remuning unpaid, with intereat eccrued, and all moaeys secured bereby, ~hall bacome due aad p~yabk forthwith, ur thereafter, at the option of eaid Mortgagee. as fiilly and rnmpletely ii ali of tAe ~aid sums of nomey were originally atipulated to be psid on euch dsy, anything in eaid promi~sory note, and or in thia mortgage to the contrary notwithatanding. end thereupon or thereafter at the option of ~aid Mortgagee, without notice. or damand, euit at la~r or in equity, theretofore, or thereafter begun, may be prosecuted ae it all rooney~ secured hereby hed roatured prior to its iuatitution. Tlut in the event ttut at the beginning of or ~t any time pending nny suit upon thia mortgage, or to foreclose it, or to roform it, and/or to enforce payment of sny claime heceander, said Atortgages ehall sppty co the rnurt having jurisdiction thereot for the sppointment of a Receiver, such court shall forthwith appoint e Rec~ver of naid mortgaged pmp~rty aD and ~ingular, including aU and eingular the rents income pro~ta, iseues and revenuq from whatever source derived, each and every ot which, it being e:pressly underatoed is hereby mortgaged ae if I~ specifically set forth and dexribed in the RrentinR and hsbendum clsu~es hPreof, and auch Receiver ehell have ~ ell the broad and etfective functione and powers in enywise entru~ted by s court w~ Receiver, and such appointment i shall be mede by auch court as sn admitted equity snd a matte~ of eb~olute ziRL! Ln ~aid Mortgap~ee, and without t reference to the edeqwcy or inadequacy of the valuP of the property mortgaRed or to the solvency or insolvency ~ of ssid Mortgag~or andlor of the detendants. and thnt such rent~, pmfits, income. i~sues and revenuea ehall be applied ~ by euch Receiver according to the lein and'or equity of said MortgaRee and the prectice ot euch oourt. 8. It is understaod and agreed thet this mortgage ia given to secure, in addition to the not~ or obligation above descn"bed any additional loans or future edvaaces made within twenty yeare from date hareof by the mortgagee to said aartgagors or any eaecessor ia title of said mortgagore of the property hereby coaveyacf; pmvided th~t t6e toW unp~id balance o( the indebtedness xcw~ed hereby at any one time ehall not e:ceed the mazimum principal amountoi SEYEN THOUSAND FOUR HUNDRED THIRTY SIX (s7436.00)-----------~~ (i 1, plua intereat thereon and any diebursementa made by the rtwrtgagee for the p~yment of te:e~, leviee or insurance on the property encumbered hereby, arith intere~t on euch di~bureemenb. ~ IN WiTNESS WHF.REOF, the seid Mortgagor has e:ecuted thia mortgege uader aeal on the dey and year herein first above written. ~ Signed, eeded and delivered in the presence ot: ,G / ~1 'r~"' ISEALI ~ m!_ ,tar ~ ~ ~ ~ ~ ~ ~ ` ~j ISEALI ~ Pauline Fortier-Matar ~ STATE OF FLOR[DA ~ COUN7'Y OF ST. LUCIE ~ ~ ~ Nadim Matar and Pauline Fortier-Matar, .hi~~i.fe of Before me per~onally eppeared ~ ` ~ ;,~~{t•:~r_:_ ~ 31 De La Rochelle St. Julie uebec Canada JOL2S0 - _L ;.~:-u= ' .3. - ~ to me well known and lmown to me ta be the indlvidual.~ deecribed in and who esecuted- -iA s}+,;~ and acknowledged before me t?rt 6e e:ecvted the eame tor the purposes therein ezpr~. " , th ~ ~~r~~ ' 'r7~' . 15th Mdy : ~~~p. '~-r 79r~~ wt1T1ESS my hand and offitW se~l chis dsy ot ~ . ~ . ~ i. • i he Coue 9tate A~'fo~ssaid. q " ;tR~ ~ M}i'~~te~d e:~S Bt~iK•,~~.. PatE 845 March 8, 1982 .