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Home My WebLink About0877 45n~46 19]9 JUI. 10 11~ 8~ 54 ~~E ~ POITRASA~ CLERK CIRCUIT COUR~~s~ti RECQRD Vf RiF~ED _ shall 6ave the option to receive sad ~pply the aame on aaoant of tbe iadebted~?ess secuced hereby or to permit said Mortgagor W roceive and we it or any p~rt tAereot tor otbK purposss witl~out thereby w~vtng or impairing ~ any equity, li~ or rigbt uader or by virtue oi tAis mortgsgs: and in the eveot eaid Matgagor elull for ~ny e~eawn tail to keep lLe said premiess eo insured. or fail W deliver P~PUY aay ot said policis~ ot insiuanos W said Moct~go~, or Eail promptly ta psy (ully any pr~mium theretor, or in any re~pect taii to perfona. diecba~s, ~cute. eftsct, compbte, comply with and abide by this covenant, or amr part hereof. said Mort~ges an~y pl~os ~nd P~Y for such insuranee or any part thereot withoat waiving ot ~Hacting aoy option.lien. equity or right ~nder or by virtue of thia mortg~ge. aad tL~ tvil amount ot e~ch and every such payment slull be immediately due u~d payabb and shall be~r intetest irom the date th~reof uat~7 paid at. tAe nte of tea per centum psr anaum and together with soch intereat shall be eecnred by the lien ot this mortgage. 4. To permit, rnmmit or suNer no wwte, impairanent or deteriontion of said property or aay part thereot. 5. To pay ap and singulu the coets, chargea ~nd e:peaaea, including rea~onabb lawyer'e fess aad oost of abstncts of titk, iucvrrai or paid at• any time by said Mortgagee because and/or in t6e eveat of the i~ilnro on the part ot the said Mortgagor to duly, promptly and tully psr[orm, disc6aige, e:ecute, eHeet, oompieta, oomply witA and abide by e~eh and every ths etipulations, agreetnents, coadltions and oovensnte ot said promissory note, and this mortgage, any or either, and eaid costs, chug~es ~ad s:pen~es, each and every, shall be immediatdy due and p~yable, whethe~ or not there be notice, demand, ettempt to rnUect or suit pending; and the full amount of each _ and evety sueh payment ehsll bear intereet fma? the dste thereof until paid et the rate of ten per oentum per annnm: and al! said costs, charges and ezpenees so incntred or paid, together with snch interest, eball be secured by the lien of t6ia mortgage. 6. That 1~) in the event ot any bre~ch of this mortgage or default on the p~rt of the Mortaagor, or Ib1 ia tLs • eva~nt any of said suaos of mooey hereie~ ceterred to be not Pro~PUY ~~Y P~ within ten days nazt after the same saver~lly become due and p~yable, witlwnt demand or aotice, or fc1 in the event eaeh and evary the stiqilations, agreementa. eonditans and covenante ot' ~aid promis~ory note ~ad this Qwrtgage. say or sitAer. ~re not duly. P~mP~Y and tully p~fornsed. diec6arged. e:ecuted. effected. compkted. rnmplied with and abide~ by, tben. in ather or sny such event. t6e said ~ggregate eum mentioned in said pmmiesory note then remaining unpaid. with interest ~ accrued, and a11 moneys eecured hereby, aAall become dus and p~yabk forthwrith, or thue~fter, at the option of aaid Mortgagee. as fuUy and comp{etely a~ it all of the said aums of nomey were originally ntipulated to be paid on such d~y. anything in said promisaory note, and or in t6is a~octgage to the rnatrary aotwithstanding. and thereupon or t6ereafter at t6e option of aaid Mortgagee, without aotica o~ dam~ad, ~uit ~t law or in equity, theretofore, or thenafter beg~n, may be prosecuted ~s if ~ll moneya ~scured hereby h~d matured prior w ite institutioa 7. 11ut in the event Rhat at the beginniag of or at any time pending any suit upon thia mortgage, or tQ forecbx it, or W roform it, ~ndlor w enforce peymeot of sny claime hereunder, said Martg~ges ehaU apply W the co~rt having jurisdict'an tbereot for the eppointment of a Iteceiver, auch court shall forthwith eppoint a R~eiver ot said mortgaged props~ty ~U snd singular, including aU and singular tl~e rents u~come profit~, isaues and rev~uea from w6atever sourae derived, e~ch and every of which, it being ezpresaly underatood in hersby mortg~ged as if specifically eet forth and ~ described ia the grenting ~ad habendum clauees hPreof, end such Receiva ehall have ; aU tl~e brosd ~ad eHective fuactiona and power~ in anywiae entruated by • court to a Receiver, and auch appointment ahdl be made by such rnurt ~s an admitted equity and e matter of e~+olu~e right to aaid Mortgagee, and without f reference to the adequacy or in~dequacy of the vdue of the property mortgaged or to the eolvency or ineolveecy of said Mortgagor and/or of the defendant~, and th~t auch rents, pro6ta, income, issuea and revenuee shall be ~pplied bp sucb Receiver acoording to the kin end!or equity of ~aid Martgagee and tl~e practice of wch oourt. 8. it is understood and agreed that ttis mortgage ie givea W eec~ue, in addition to the Aote or obligation ebove described any additaaal losns or futwe ~dvanees made within tweuty yesro trom date hereof by the mortgagee ~ to said mortgagors or any euoceseor ia title of wd mortgagoro ot tbe pe+operty hersby conveyed: provided th~t tbe toW unp~id balence_ of the indebtednese secured hereby st any one time ahsll not e:ceed the ma~num principal aawuntof FIVE THOUSAND SEVEN HUNDRED FIFTY (5,750.00) vouus 1, plne in~t thereon and any disbureemente made by the mortgsgee for the psyment of tazee, levies or inaurance on the prop~ty encumbered hereby, with inturet on such disburxaxnt~. 6 IN WITNESS WHEREOF, the said Mortgagor has e:ecutsd thie mortgage undet eesl on the dey and yeer herein ~ first above written. Signed, se~led ~nd delivered in the presence of: MdUI" @ t. LOU ~ (SEALI ~ ISEALI ~ STATE OF FLORIDA Ra de Sayegh sa. ~ COUNTY OF 3T. LUCIE ~ ~B~i~ ~~~,uuy .P~,~a Maurice St. Louis and Raymonde Sayegh of 5~ De La Grande Anse , s • ~ Laval Sur Le Lac, Quebec, Canada H7Y1T8 ~ to me wsll known ~nd Imawn to me to be t6e individud..Sdescn'bed 'm and w!a ~eeuted hs f/~ '':2~'~''`.,,''••- ~ y ~ ~ . ~ and acknowbdged bsfore me that t.hs~(. ezecuted the same fa the purposes therein e . ` f- `'u". ~ wi~ss mr b.na .na ot~.i ~ c~ 22nd ~y o~ Ja = c~ ~ r' ~ ~ I 4r AN '1 i `J " ~ i ~ ~ ~/Notary Pnblic in and ta~', _ ~ . ' ' ' ~ . ~ the County and 3ace -,3;ti~,:~''~ ~ ~ ~ ~ go~;K 312 P,~E 875 ~ ~ ~ . ; My • n ~ . , . . . . ~ JS~// ! ~ I ~ ~ . ~ . _ - - . - - _ _y.