HomeMy WebLinkAbout1119 450i38'~
i979 JU~. 10 PM 2 56
~j.~ER
POtT~~BA.
q,ERK CIRCUIT~~O~i~~ _ ~
~E'~MlpYfRIF1EQ___ ~!~a.r~
shall h~ve the option to receive and ~pply the ume oa aaount ot tM indsM~ednMS seeured heroby or to pe~~it
said Mort~gor to receive and uss it ar ~ny part thenot to~ othsr pnrpoees witAout theteby waivina or impairiag
any equity, lien or right under or by virtue of this mortg~~a; and in ths evsat aaid Mo~tg~~ sluU for aay n~son
fail to keep ~he sajd premises eo insured, ot tail to deliver promptly any ot ~aid policlM of inaranoe to wid
Mortg~gea or tail promptly to p~Y fu11Y enY Pe~mium the~etor, or iu any roqbct fdl to pertorm. discAargs.
~cute, etfect, compkte, comply ~rith end ~bide by this rnveaant, or any p~rt bsreof. s~id Matgages may plaae and
paY [or such insurance or ~ny part theroot witAout w~ivins ot aHxting any optan. lkn. equity or right under o~ by
virtue ot t6is mortg~ga and tbs tuU anwunt ot e~ch aad svery each p~yme4t shall bs imn~ediately due and payabls
and slull beu inte~est tra~n the date thereof until paid ~t the nte ot ten per centum per aunum and to~stAer with
such interest shall be sscurod by the lien of this mortgaae.
4. To permit, commit or sutfer no wute, impairment ~ detariontion ot a~id property or ~ny part tAereof.
S. To pay aU aAd singular the coets, ciu~es and s:penses, including re~sonabk lawyer's fees ~nd oost ot
abstncts ot titk, ineurred or p~id ~t• any time by eaid Mortgagee beause sndlor in tAe event oi the tailnn on the
part ot ths eaid Mortgagor w dulY. promptly and fully perform. disclurgs. e:eeute. eKect. oomplsta, canplY ~rith
and ~bide by eac6 ~nd every tM stipuLitions. ~grasnasnt~. eonditioas u~d covenants ot wid promipory uote. and
this mortgage, any or either. ~ad said costs, charqes ~ad s:penses, each ~nd every, ahaU be immediately due and
p~y~bk, whether or not there be notice, demand, attempt to collsct or auit pending; and the fuU atnouat of e~ch
and every auch payment ehsll bear intrroet /rom the date thereoi unW paid at the r~te of ten per ceQtum per
annum: and ~Il uid costs, charge~ and e:penses ~o incurred or p~id, togetha with such intereet, ahaU be secured by
the lien of thi~ mortg~ge.
6. That lal in the event ot eny bre~ch ot tAis mortgege or detault on the part of tAe Mat~igor, or Ibl in the
• event ~ny ot said ~ums ot money herein reteered to be not pmmptly and tully paid writhw ten days ne:t aher tAe
~ame sever~Uy become due and payable, without demand or notice, or Icl in the evenc each and svsry the stipnLtiona,
agreen?ents, conditions and covenants oi said promiseory aote and this nwrtg~ge, sny or eith~, ~re not duly,
promPtly and fully pertormed. discharged. e:ecutcd. eitected. compkted, complied with and abided by. than, ia either
or any such event, the said aggregau sum mentioned in aaid promissory nate thee remaining unpaid, w~[th interest
accrued, and all money~ xcured heroby. ~hal! become due and payabk forcb.vith, or thera~ftar, ~t the option of said
Mortgagee, e~ tully ~nd compktely es if all of the esid sume ot nomey were origitully stipulated to be paid on
such dsy. ~nything in eaid promissory note, and or w t6is mort~ge to the contrary notwithstanding, and
thereupon or thereafter at the option of ~aid Mortgagee, witl~out notice or damand, suit •t !~w or in equity.
theretotore, or thereafter begun, may be prosecuted as if aU money~ aecared hereby had matured prior w ite
inatitution.
7. Tlut in the event that et the beRinninq of or at any time pendina any ~uit upon this mortgage, or to toreclo~e
it, or w reform it, andlor to entorce p~yment ot any claima hereunder. ~aid Mortg~gee ~haU apply to the court
having jurisdict'an thereof tor the sppointment of • Receiver, such court ehaU torthwith ~ppoint • Receiver o! aid
mottgaged propsrty all and aingular, including dl ind singular the ronti uxome profits, iuues ~nd revenuee from
whatever source derived, each end every of which. it baina e:presdy underau~d is heroby awrtaaged •s if
~ apecifically set torth aad described in the Rraeting and h~bendum clauees hereoi. ~ and auch lteeeiver ahall have
~ aU the broad and ~Nective functions and poaer+ in anywise entrusted by • court to a Reeeiver, and euch appointment
~ shsl! be made by such court a~ sn admitted equity and a matter oi ~bsolute right to aaid Mortgagee. ~nd without
rcterence to the adeqwcy or inadequacy of the vdue of the property mortgaged or to the solvee~cy or ineolvency
ot ~sid Mortg~gor and/or of the defendant~, and that such renls, profit.+, inoome, iaeues and revenuee shall be ~pplied
~ by euch Receiver ~coording to the lein ~nd/or equity of ~aid Mortgagee and the practice oi such ooort.
8. It is und~stood and agreed tlut this mortgage is givsa'to secure, in ~ddition to the ~wte or obtigation
above deecribed ~ny ~dditiond loans or tuturo adv~oces made within twenty•ye~re trom d~te hereof by t6s mortgagee
to said mortsagors or any e~aessor in titM ot ~aid mortgagon ot tlie property 6ereby rnnveyed: provided th~t the
total unpaid balance of the indebtedness aecund hereby a: any one time ahall not e:ceed the ma:unum principal
amount of SIXTEEN THOUSAND FIVE HUNDRED (16~500.00) ~W~
If 1. plue interest tbereon and •ny disburxmente made by the mortgagee for the ~vment of ta:es. kvies or insurance
on the proQvty encvmbered hereby, with interest on such disbureemente.
IN WITNESS WHEREOF, the eaid Mortgagor h~e e:ecuted thie mortgage u~er seal on the day and ye~r herein
~ first ebove written.
Signed, sealed and de6vered in the presence of:
' ' ISEALI
~
~ ~ • IS£ALI
a .
STATE OF FWRIDA ~
~ COUNTY OF ST. LUCIE
~ M.A. DesRocher and Marie M. DesRocher, his wife of 5010
Berore me persoaally .ppe~rsd
~ Harrison St., Hollvwood, FL. 33021
~
to ms wsll known and imown to ms to be tlis individu~IS. ds~aibed in ~nd w6o ~eeuted t6e toregoinS ,
and acknowlsdged betore me that ~.6e.~,t. e:ecuted the same for the purpo~ss tbarein e:pre~ssd. •
i' . si M I
~ WiTNE33 ~y n.na .na orr~.i ~ cws lOth d,y ot Nov. . " I
< •
Notary Pnblie i I
t6s County r~r~
~ rrq Catherine ~ ~
~ Bn7K~~~ f'~t;f~~~~ Mr .
«::a
~ Sept. 26, 1 ~ T~
~:;.a.. r.~w:Tn < _ ~ ..t_-