HomeMy WebLinkAbout1438 ~ 451085
19T9 JUi. I 2~~ 4 6
F~ o ~NO ~c K cu
a~~`b~e~ie
p°~i'~R
CIERK CIRCtNT C1~~c"~~!
RECORO Vf.pIF1E~.__~.
shall luvs the optioa to receive and appty the eame on aooouat ot tAe indebtednese securod hereby or W p~mit
aajd Mortgagor to recdve and use it or ~ny p~rt thereot tor other pu~poses witAout th~reby waiving or ia~p~iring
at~y equity, lien or right u~det or by virtue ot thie mort~ge; and in the .event aaid Martgagor shall to? any ~wa
ta~ to kesp th~ said pretnises so in~red, or tail w deliver promptly any o[ said poUcies ot inauanos W said
M~tgaae~. or fail promptly to p~y tully any premium therefor, or in any respeet tail to psrtorm. disehuge.
e:cute, etiect, complete, comply with and ebide by this coven~~t, or eny part hernof, eaid MortgaRee may place wd
p~y tor such insurance or any part thereof ~rithout waiving or aftectinR env option, lien, equity or right under or by
virtue ot thie mortg~ge. and the tuU amount ot e~eh aad every such p~yment ~haU be immediatdy dus and p~yable
and s6aU beu interest trom tl~e date thereot unW psid at the rate ot ten per centum per annum aad together witA
such iatereat ~h~U be sscured by t6e lien of tAie ~nortgy~e.
1. To permit, commit or suffer no waste, impairment or det~riorai'aa ot aaid praperty or any part tl~ereof_
S. To pey all a~ aingu4r the coats, clurRee and ezpense+, including reason~bk lewyer s tees and oo~t of
~bstracts of titk, iacurred or psid at• any time by ~aid Nortgagee becawe endlor in the event ot the fa~7ure on the
part of the said Mortgagor W duly, promRtly ~nd fully pertorm, discharge. e:ecute, effect, oompiete, oompty wiN
and abide by ~ch and every the stipulationa, agreemente, conditans ~nd covenenta ot said pmmissory rate, and
~ this mortgage, any or either, and said oo~ts, chuges ~od espeoses. eseh ancf every, ahall be immediat~ely due and
payebk, whether or not there be notice, demand, attempt to colkct or n?it peading: and tAe tull amount of each
and every auch payment sheU bear intereat from the date thereoi until pairi a~ the nta of ten per centum per
annum: and aU aaid coats, charges and e:pa~ses ~o incu~red or p~id. together with sucA interest, alu0 be eecured by
tAe lien of this mortgage.
6. 7Lat la1 in the event ot any breaeh of this mortgags or default on the part of the Mortaigor, or Ibl in tbe
• event any of said ~ms of money h~ein reterred to be not pmmptlY ~~Y P~ withiu t~ days ebst aftet the
s~me ssverally become due and payable, witMnt demand or aotice, or Ic? in the event each and every tl~s sti~ulations,
agreecnenta conditions and covenants of aaid pmmissory note and this matgage. any or ~ther. are not duly.
promptty ~nd fuUy performed, diacAarged. e:ecuted, eftected. rnmpkted. complied with and abided by, theA, in eitha
or any suc6 event, the said aggregate eum mentioned in said promiasory note th~ remaininq unpaid, with int~erest
accrued, snd all moneye s~cured hereby, ahall become due and p~yable terthwitA. er thereafur, at the option of said
Mortgagee, as tully ~nd compk~tely as if all of the seid snma of nomey vvere originsUy ~tipulated to be ptid on
such dey. anything in said pmmissory note. ~nd o~ in thie mort6a8e to the contrary notwrithetanding: and
therrupon or thereafter at the option of aaid Mortg~gee, without notice or dsmend, suit at la~v or in equity,
theretofore, or theresfter begun, may be prosecnted as if all moneya xcured hereby hsd matured prior to its
inatitntion.
9. T6at in the event that ~t the beginning of or at any time pendii?g eny suit upon this mortgage, or to foreclose
it, or to retorm it: andlor to enforce peyment of eny claims hereunder. ~aid Mortgegee ehatl apply to the oonrt
having jurisdiction thereof tor the eppoiatment of ~ Receiver, auch court eAall forthwith appoint a Reoeiver of nud
mortgaged propertq aU and aingulu, inctuding all md aingulu the rents income profita, isauea aad revenue~ from
whatever source derived, each and every ot wrhich, it being e:prcesly underscood i~ hereby awrtg~ged ~e if
apecificaUy se4 torth and deecribed in the Rranting and heAendum cleuxs hPreoE, and ~uch Receiv~ shall have
; sll the broed snd pffective fuactions and pow~ers in an~ wix entruated by a court w,~ Rece~ver, and such appointment
~ ~hall be made by auch court a~ an admitted w~uity end'a mstter ot ab~olute :iR6t to said AtortR~Ree. snd w~ithout
! reference w the sdequecy or inadequacy oi the value of the property mortqaRed or to the solvency or insolvency
F of ~aid Mortgagor andlor oi the defendants, and that ~uch renta, p~ofita. inoome, iaauea and revenuee ahall be applied
by ench Receiver according to the lein and/or equity oi said Mortgagee and the pnctice of ench oourt.
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~ 8. It is understood ~nd agreed that tAie mortgage is given W secure, in ~ddition to the note or obUgation
~ above described wy ~dditioaal loens or f~ture advances made within tweaty ye~rs irom date hereof by tbe mortgagee
to said mortgagvrs or any suocessor in titla oi ssid mortgagors of the pa?perty h~reby oonveyed: provided th~t the
~ total nnp~id balance of the indebtedness secured hereby ai sny one time shall not e:ceed the ms:irnum principal
amounc oi NINf~~EE~N TI~OUSA~~NE HUND~fbO ~WENTY SIX (~14,926.00)-----------~W~
Ii ptus iatereet n a any s menta ma e y t e mortgagex for t payment of u:ea, lavie~ or insursnce
on the property encumbered hereby, with interest on each diabureements.
IN WITNESS WHEREOF, the said Mortqegor hee e:ecuted thia moRgage under eeal on the day and year herein
fvat above written_
Signed, sealed and delivered in the pre~ence ot:
f>
~ ~ ISEALI
~ ~ Roberx E. et r ,
r ~r'~-c.- " !SF.ALI
~ Bonnie A. Leth idge
` STATE OF FLORIDA ~
~ COUN7'Y OF ST. LUCIE
i
~ Before me per~onelly •ppesred Robert E. Lethbridge and Bonnie A. Lethbridge, his wife
~ of 6435 S. W. 94th St., Miami, F1. 33156 '~~t.=r.
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to me weU known and Imawn to me to be the individu~IS. deecribed in and who aiecuted ths f i'~i
~ and aclcaowledged bsfore me that t.he.~. ~ecvted the same tor tbe purposes th e:pressed. '•r _
~ ~ h-' ~ ~ -
WITNE33 my hand and official eeal this ~ day of
.
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, Notary P~blie ~ O~ ;
: r the County and S ' ` . ~c~
1~'r . ~
~ G., h' IJ~~ t~~~~2?J~ My mmieeion ezpirei:
~ ~ : a~•,?~M_,
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