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Home My WebLink About0872 450'~44 19T9 JUt. 10 ~M a 54 , ~~~OGE~t POIYRA8T CLERK GRCUIY COtlll RE(:OttO V~Rtf?E!I_._. sluD bave the optan to receive and apply the same on account of the indebtadnsss recured hereby or to pe~mtt said Mortg~gor to receive and use it or ~ny p~rt theroof [or other purpoee~. witlaut thereby waivins or imp~iting u~r equity. lien or right under or by virtue ot this mortgage: and in the eveM s~id Mortg~gor stuU tor any reawn t~ W kesp the said premisea ao insured, or ta~ W deGver promptly any oE atid policies ot iaau~aos W said Mortaages, or t~il promptly to pay fully any premium theretor. or in aay re~psct ~ fu7 to petiorm, disehar~s, e:cute, effect, compkte. eomply with and ebide by thi~ covenaat, or any part hereof, seid Mortgages may plaas and psy tor suth insunnce or any pvt tfiereof withoat wuving a: ~fteeting any option, liea. equity ~ right ~nder or by virtue of this mortg~gs, and tse fuU amount ot each and ev~y such p~yment ahall be immediately due and payable and slull bear interest from the date thereot unt~ paid ~t the nte ot ten per centum per annum end togsther with such iate~eit ahaU be sscured by tl~e lien ot thie mortgags. 4. To permit, commit or suffer no waste, impsirmeat or deterior~tion ot said property or my part thereot. 5. To p~y aU aad aingular the coeta, charges and ezpene~, including re~eonabk larryer's tees snd aoet of abstracte of title, incurred or paid st• aay time by said Mortgages becaux andlor in the event of the tailuro on tha put of the eaid Mortgagor w duly, promptly and fulty pe~form, discharge. ezecute, effect, oomplets. oomply with and abide by e~ch and every the etipul~tions, agreemeats, conditiops and oovcaaata of a~id promissory note, and thia mortgage, any or either, and eaid cost~, charges ~nd e:pemea, e~ch end every, ~lull bs immediatdy due and payabk, whether or not tbere be notice, demaad, ettempt to collect or suit pending; and the tull amonat ot e~ch aed every such payment shaU bear int.ereet from the date thereof unW paid at the rate of tea per oes~tum per annum: and all said coets. ehargss and e:peaees so incurred or p~id. together witA such intereat. shall bs secured by tl~e lien of this mortgage. 6. Th~t le{ in the event of ~ny brereh of thia mortgage or det~ult on the put of the Mortg~g~or, oc Ib1 in We • event any of ~sid aums of money herein referr+ed to be not promptly ~nd tully paid wit6in ten days nezt aft~t the ssms severally become due and payabls, witl~out demand or notice, or !c? in the event each aad ev~y t]~e stipulttions, agreemeata COIId1L10lIS aad eovenants of s~id promi~wry note aad this mortg~e, any or eitAer. are not duly,. promptiy and tu11y perfomred. diseharged. ezec~ted. etiected. campkted, oomplied with ~nd abided by. then, in eitl~er or any ench evenE. t6e said ~ggr~gate sum mentioned in said promissory note then remaining unp~id. with int~erest secn~ed, and all moneys eecured hereby, ~hsll become due end pay~bk fortbwith, or there~fter, et the option ot said Mortgagee, a~ fully snd oompletely a~ if all of the said aums ot nomey were originally etiput~ted to be paid on ~uch day, anything in said pmmiasory note, and or in thi~ mortgage to the contrary notwithatanding, and thereupon or ther~after st the option of eaid Mortgagee, without noticr or damaad, suit ~t lawr or in equity, theretofore, or thereatter begun, may be prosecuted ae if all moneys secured hereby h~d matured prior to its iastiWtion. 7. That in the event thst et the beginning of or at any time pending any suit upon this mortgage, or to forecbae it, or to reform it, and/or to enforce peyment of eny claims here~nder, said Mortgagas shall apply to t6e oourt having jurindiction thereof for the eppointment of s fteceiver, such court shall forthwith appoint a Receiver of eaid mortgaged property ~ll and singuler, including all end singular the rent~ income psoCtt, issues snd reveauea from «lutever eource derived, each and every of which, it beieg e~roeely underscood ia henby mortgnged ae if j apecifieally set forth and dexribed ic the granting and habendum cleuses Fereof, and euch Receiver ahall have f all t6e brosd ~ad effective tunctane and powers in any~rix entn~sted by a rnurt to a Receiver, and aach appointment j ~6all be mede by euch rnurt as sn admitted equity end s enatter of absolutc riQt~t to aaid Mortgagee. and without ( reference to the adeqweq or inedequacy of the velue of the property mortgaRed or W thc eolvency ot ineolvency ~ of said Mortgagor andlor of~ the defendants, and that such rente, pmfits, income, i~suee and revenu~ ahaD be applied by such Receiver according w the kin endlor equity ot aaid Mortgagee and tbe practiee of evch co~ut. ~ 8. It ie understood and egreed that thie mortgage is given to secure, in addition ta the note or obligatioo ~ above described ~ay ~dditional bans or futur~e advanees m~de within twenty yeare from date hereof by ths noortgagee to e~id mortgago~s or any eucceseor ia title o! said mortgsgoro of che propercy hereby conveyed: provided tlut t6e total UA~ ~LpCC of the indebtedn~ ~acured hereby a: any one time ehall not ezceed the mazimum principal emount ot SIX THOUSAND T1~10 HUNDRED FIFTY (6~250.00) Douua 1! t, plue int~ereat thereon aad any diabursemante made by the mortgagee for the psyment of tuee, kviee or inaursnce on the property encumbered hueby, with interest on auch disbureemente. IN WITNESS WHEREOF, the said Mortgagor hae e:ecuted this mortgage uader eea! on the day and year h~rein first above written. . ~ Signed, ee~led and delivered in the pre~ence of: _ ~ - ISEAL) ~ u ce . u s ~ ISEALI ~ STATE OF FLORIDA Ra de Sayegh ~ ~s- ~ COUN1'Y OR ST. LUCIE ~ Maurice St. Lou~s and Raymonde Sayegh of 50 De,~:~'. ~ , Before me personally appeared ~ ' • J r . ~ Laval Sur Le Lac, Quebec, Canada H7Y1T8 ~~.,~~s- t~~~~: ~'s - ~ . - : ~ r~, . ~ . ` n ~ . to me wdl known and imown to me to be t6e individua6. deeQibed ~ and who es ths f ~,:ir- :~.~~.z N'~~:a ~ and acknowisdged betore me t6at ..~e..~/ e:ecnted the eame for t6e purpoeee theroin . d WITNESS my hand aad otficial seal this 22nd ~y of d(1. ~ .:u•~ ~<< . ~ ~ ~ ~iiJ~' ; _ ( ~ Notary Public in and or ' ~ chs ty .nd 3cace Atonsaid. S s ~ "y(~ y a~misuon e:pireey ~ ~ sni~ 312 PacE 8~ u M f'~G-~~,ry~~~ . _ ~ ' ~c~,~ . _ -n. . . . _ - - - - - .s