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Home My WebLink About0857 t ~ ~SQ'738 1979 .fU!. 10 AN ~ 53 ~T 4UCI~COUNTY F~A. RvaER POtTRA CLERK CIRCWT COU~~ ~ afcoao veRi??F~ _ shdl bave thE option W roceive and ~ppiy the ~ame oA acoount of t6e indebtedness secured M~eby o~ to pe~it s~id Mortgag~or W reeeive and use it a any p~e~t thereof tor ot~ purpo~ witbout tl~ereby w~ivin~ or imp~ring any eqnity. lisn or right under or by virtue of this moctgags: ~nd in the event s~id Mortgagor sha11 !or ~ny rs~aon tail W keep the said p~emisee eo insured. or fail to deliver promptty ~Ay of ~aid poltciss ot insuranos to said Mataaaes, or faU P*o~PUY ~ WY ~Y a~Y P*~um tberefor. or in any reapect fail to pertona, disehargs. - ~cute, eHect, compkte, comply with snd sbide by tbis covenant, o~ any pert Aereof, eaid Mortg~gee may plaas ud pay for sucA insursnce or any part thereof without wsiving or ~Hecting any option, lien, equity or right under or by virtus ot this mortgags, snd tbe full amount ot e~ch and svery auch psyment shall be ima~ediately dus aad p~yabk ~nd s1~aU be~r intere~t from the date thereof until paid ~t the nte of ten per centum per aanum snd toget!?er witA sne6 interest ahall be eecured by tAe liea of thia mortgage. 4. To permit. commit or suf[er ra wasta, impairment ot deterioritaa ot ~aid p~operty a~ny part thereof. 5. To pay aU and singular the costs, chargea snd e~eases, including reasonabk lawyer's tees and owt of abstncts of titk, iacurred or peid at• any time by said Matg~gee becauae and/or in the eveat of the tailure on the part ot the said Mortgagor to duly. promptlY and fully pertorm. dischug~e. e:ecute. eHect. oomplste, ootnply with and ~bide Dy e~eh ~nd every the atipul~tions, ~greements. canditans and oovetunte of said promissory note, a~ thi~ nwrtgage, any or either. ~nd eaid coste. eharges and e:penses, each snd every, eh~lt be immediately due and p~yable, whether or not there be notioe, demand. ~ttempt to coUect or suit pending; and the tuU amount of each ~nd every such payment ahdl bear inte~eet irom the date thereof until paid at the ntr of ten per oentnm per annum: and aU said coats, charges aad e:penses so incvrred or p~id, together with such interest, ehall be secured by the lien ot this moKgage. 6. TAat (e) ia the eveat ot any bre~ch of thia mortg~gs or default on tlre patt of the Mortgagor, or Ib1 in tbs • eveat any oi said sums of money herain retsrred w bs not prompttY and tully paid within ten. days nut a[ce~ tbe same aeverally beoome due aad pay~bis, without dsmand or notice, or !c1 in tbe event each and evsry the stipulttions. agreemsnts, eonditioas and coveo~nts of eaid promiesory note and tl~is mortgage, any or ~ther. ars not duty, ~ promptly and tuUy per(ormed, discharged. ~ecuted, effected, oompleted. oomplied ~rith and abided by, thea, in e~ther or any euch evant. the said aggregat~ wm mentioned in said ~omiesory note thGn remaining unpaid. with intere~t ~ccrued, and ~11 moneys secured hereby, shell bscome due and payabk forthwith, or there~iter, at t6e optioa of a~id Mortgagee. •s fully and oompletely ~s if all of the said sums of nomey wese originally stipulated to be paid on ~ch day. anything in said promissory nots. and o~ iA _this mortg~gs to tbe contrary aotwjthst~t~ding ~nd thereupon or there~fter a! the ~ option oi eaid Mortgages; wltbout notioe or damand, auit at law or in equity, th~etofore. or tl~ers~fter begun. may be pro~scuted ae if aI! moneys eecured Lereby had matured prior w its insciWt'aa. 7. 17ut in the event that at the beginning of or at any tims pending ~ny suit upon t}us mortg~ge, or to forecbse it, or W rsform it, •nd/or W eaforce paymsat ot any cLim~ hereaadar, aaid Mortgages shall appty to the co~rt having jutisdiction thereof for the ~ppuintme~t ot a Aeceiver, such court shall torthwith appoint a Reosiver of sud ~RaB~ P~Y all and aingulu. including all and aingolu tbe ronte income pro~ts. ieeuea and eeven~ee iram whatever souree derived, eaeh and every ot whicb, it bsing ezpressly underecood ie hersby mortg~ged as if ; apecifically set totth and de~cn'bed in the grsnting and lubendum clauees hereot, and eueh Receiver shall have ~ all the broad and eHective functiona and powers in anywise entruated by a rnurt to a Reeeiver, and ~uch appointment ~ ahall be made by euch court as an admitEed equity •nd s matter of sb~lutr riRht to eaid Mortgsgee, and ~vithout reference W the ~deqwcy or insdequacy of the value of the pcoperty mortgaged or to the eolvency or ineolvency I of said Mortgagor andlor of the defendanta, end that such .rente, profite, income, iasue~ and revenuee elull be applied by sacb Receiver ~coording to the lein andior equity ot aaid Mortgagee and the practice of euch oourt. ~ 8. It is under~tood and agreed that this mortg~ge is givea to sscure. in additian to the note or obligation ~ above described any additional ioans or tutur~ ~dv~nese mads w3thin twenty ye~rs trom da~e hsreof hy tbe mortgagee to e~id mortgag~ors or any suocessor ia title ot said mortgagcKS of t6e property haeby coaveyed: provided thst the total uapaid bdaace of the indebtedne+s secured hereby ~t any one time sh:ll not ezceed the mazimum principal ~f SEVEN THOUSAND FIYE HINIDRED NINETY EIGHT (~7598.00)------------- nou.~ ~ It 1. plue interest thereon aad any diebursemente mede by the mortgagee for the payment of ta:es, leviee or ins~rance on the propesty encumbered hereby, with intereat on such diebursements. IN WITNESS WHEBEOF, the said Mortgagor hae e:ecuted this mortgsge undet eeal on the day snd yesr herein first above written. - Signed, seded and delivered in tha presence of: ~ ~ ~ ~ ~ryL , ~ Q % ~.c=c ?L=C.~%,~~ - ~s`'~~`-~'%" c - (SEALI 2 or r o c~ . . V ISEALI a - a ~ueline J. Rich ~ STATE OF FLORIDA ~ ` COUNTY OF 3T. LUCIE ~ ~ ~ ~ Before me personaUy ~ppeued Norbert M. Ri ch and Jacquel i ne J. Ri ch, hi s wi fe ~ B 7 3 ntari Canada KOAlAO ~~~'~~~r,. ~ ~ ~ : ~ to me wsll known and lmo~wn to ms to be ths individual. sde~bed in and who ~:eeut~d '~iw ` f~. ~ ~nd ~cJmowlsdged before ms t6at ~.ba~f.. e:ecuted ths same far tbs piuposss thersin e~ ~ r . ~'~N~`~ ~ r: ~~c~~ : a n~ r ~ v e s s m~ e. n a . D a o r r~ w ~ c~;, 22nd ~y o f Marcir-~ .~,~i . ~ r ~ IVot~ry { euOK 312 Pa~E 855 M~a'ro ~ n~:.~~ r ~m~ ~ March 8, 1982 - - _ _ - -