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Home My WebLink About0862 . e 450'740 1979 .~1. 10 AN ~ 53 ~'~`E~f~C0~1,11Y FE` A. ~tOGE Pw~RAS CIERK CIRCUI7 COUR ~ RECOftO VE~'•!F~EO_ ~s - sAail have tAe option W receive and apply the aame on aecount ot the indebtednese secured hersby or to perniit said Mortgagor W roeeive and use it or ~ny p~rt thee~eot for other parposs~ without tl~eby waivina or imp~iriag any equity, lien o~ right uader or by virtue ot thi~ mortgage: and in the event ~id Mortg~gor ahail [or ~ny e~e~sot~ tail to kesp the eaid preanises s+o insured. or fail w deliver promptly any of s~id policies ot iaa~rancs W said Mortga6es, or tail pmmptly to psy tully sny premium theretor, or in any respect fail to pa~form, disclyrgs, ~cute, effeet, rnmplete, comply ~rith and abide by this covenant, or any p~rt herrof, said Mortg~ges may plaoe aed pay for auch in~ur~ace or any part thereof without w~iving or attecting any option. 6en, equity or right under ar by virtne of tsis mortg~gs, and t6s tuU amount ot esch aad every suclt payment el~sU be immediately due aad p~yable u~d shall bear intetest from the dace tAereof until paid at the rate ot te~ per cenwm pe~ annum and together wlth euch interest aAsll be secured by the lien oi ttie matgage. 4. To permit, commit or eufter no waate, imp~irmeat or deteriontiow ot s~id property or any part tAereot. 5. To pay aU snd ~ingular the coste, charRee and e:penx~, includinR re~son~ble lswyer'a feee and ooet of abstncts oi title, incurred or paid at• any time by eaid Mortgagee becawe andlor in the event oi ths taiture on the part ot the aaid Mortgagor to duly, promptly and fuUy psr-form, diecharge. e:ecate, effect, oompkts, oomply with and abide by e~ch and every the etipulations, ~greemeats, conditione and oovensnte of said promissory note, end thi~ mortgag~e, any or either, and eaid coate, chsrges and ~pen~es, eech and every, ehall be irumediately due aad psysble. whetAer or not thero be notice. .~emand, attempt to oollect or suit pending; ~nd the Eull ~mount ot e~ch snd every auch p~yment ehall beer intereat trom the date thereof until psi~! at the rate of ten per centum per annum: and aA said eosts, charges and ezpenses ~o incurred or paid, wgether Rith ~uch intereet, ehall be eec~red by the liea of thia mortgags. . 6. That la) in the event oi any breaeh ot this mortgage or dsfault oa the part ot the Matgigrx, or Ib1 ie tbe • ev~t any of said sume of money he~rein retened to be not promptly aad tully p~id within ten days nert ~tter tM s~me ssv~ally become due uid p~yabk, witMut demmd or notice, ot Ic) in the eveat each ~nd every t6e stipnlations. ag~eemsot~. conditions and wvenants o! etid promissory note and thi~ mortgage,. any or either. are not duly. promptiy and tulty performed, discharged, e:ecuted, effected, completed, complied ~rith and abided by. thm, in eit6er or nny such event, the said aggregate sum mentioned in said promiesory note then remaining unpaid, witb interest accrued, and a11 moneya secured hereby, ahall become due and payable forthwith, or thereafter, st the option of said Mortgagee. aa t~Uy and oompletely ~a if all of the said sums of nomey were origic~ally etipulated to be paid on - such day, anyrthing in said promissory nota, and or in tlus mortgage to the contnry notwithetanding, u~d theceupon or there~her ~t the optan of aaid Mortgagee. without notice or d~mand, auit at law or in equity, theretofore, or thereaher begun, may be prosecuted as if sil moc~eya ~ecured Mreby had matured prior to its inecitution. 7. That in the event that ~t the beginning oi or at any time pending any suit upon thie mortgage, or to foreclose it~ or to reform it, aud/or to enforce payment ot any claims hereunder. eaid Mortgages ahall apply to the court having jwiedictioa thereof for the appointment of a Recaiver, euch court shall torthwit6 ~ppoint e Reosiver ot said mortgaged prop~ty all and eingulu, including all and singular tlu rente income profits, issuas and revenues from whatever source derived. each and every of which, it being ezpressly underatood i~ hereby nwrtgaged ae if ~ specifically set forth and described in the Rranting and habendum cleu~es hereof, and such Receiver ~hsll have • ! all the broad end effective functions and po+vers in enywise entrusted by a court to a Receiver, and ~nch appctintment ; ahall be made by euch court ae en edmitted equity snd e matter ot sb~olute : iRht to said Mortgagee, and without ~ reference to the adequ~cy or inadequacy of the value of the property mortgaRed or to the eolvency or ineoivency ! of said Mortgagor and/or of the defendants, and thet such rents, profits. income, iaauee and ravenuee shall be applied ~ by suc6 Receiver acootding to the lein andior equity of aaid Matgagee and the pnctice of such court. 8. It ie understood and agreed thet thie mortgage is ~vea to secvre, in a~itron to t6e note ~ obtig~tion above described ~nr additional loaas or future advancee m~ds withln twenty years hom date h~eof by the moctgagee to eaid mortgagocs or any suocessor ia titb ot said awrtgagors of the property h~reby conveyed: pmvided tAat the tota! unpaid balaace of the indebted~ secured herob ~i an • one time ahall mazimum princip~l ~ amounc oi SIX THOUSAND FIVE HUNDRED FOf~TY FO~1R pouare (i plue intereet thereon snd aay di~bursemente made by the mortgagee for the peyment ot teze~, leviee or ineur~nce ~ on the property encumbered henby, ~vith intereat on such diabursementa. IN WITNESS WHF.REOF. the said Mortgagor hae e:ecuted thia mortgeqe under eeal on the day snd year herein fv~t above written. ~ Signed, sealed and deGvered in the prexnct of: ' ` , ~ • ~ ISEALI r `~T~TT~i ~m, , rry _____!C-Ll~~l~~•t-<-P ~i-r~~- ISEALI ~ ' STATE OF FLORIDA ~ Muri el Urry ; COUN1'Y OF ST. LUCIE ~ Betorc me personeUy eppeared W~lliam G. Urry and Muriel Urry, his wife of R.R. 1, Ponty Pool , ~ Qntario, Canada LOA1K0 ~ to me wsll known and Imo+m to ms to be t6s individuaL.~ deecribed in md wbo ezeeuted tb~ forsgoiA~: ~ and acknowledged betore me t6~t t..h~f.. e:ecuted the same for the purposee t6erein e . .l~ . •,j~~ ~ ~ WITNE3g my haDd ~Dd oK1Ci~1 eeal this 2nd ~y of Ap ~ ` C_ t~~' t?, a ' _ - ~ ~ , - 'Notary Pablic.i6.~, ~ ~C~ -i ~ Bt;~K312 f~GE 860 the Copnty and ~Yl~[~.~,•~ ~ ` i } ? e. . ` , . ~ t,1 . My qymmiaion ~t. • tl<<-' ~ ~ ; , t- JS~ ~ 9~~