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Home My WebLink About2868 . ~ ~ 452~0 ~ :9 ~ S t~, ~ ~ I !0 A~ RE ~ • ~~p~~ . ~~q~~~~ 4. - ~ t'6D VERIF 1{0__--f= ~hall !~w ths option to receivs and apply tl~c same on ~coouat ot tM iadebtedness sscured b~reby cr to permit pid Mortaag~or w receive and uss ic o~ any parc chereot tor othsr purposes wichouc cl~xe~y waiving or ionp~iring .pr eyutcr, lisa o~ right under or by virtae ot this mortgage: ~ad in the evsnt said Mortgagor shaU Eat any ra~wn [~il W keep tbe sdd premiess so iasured, or ~[aIl to deliver prnmpttp ~ny of said poBciM ot iasuraaos to s~id Mortaaae~, ar taU Pwmptly to P~y (ully eny p~aium theretor, or ia any respect fail to parfa~a, dischar~e, szeuts, eftect, compkte, eomply with and abide by thi~ cov~uat, or sny part Ae~eof, said Matgages nNy pl~os ~ad paY tor ~uch insunnee or ~ny part thereot witlwut waiving or ~Nec~ing any option. Ilea. equity or right undec or by virtus ot thts mortgags. and tb~ tull amount ot e~ch and every such p~yment shaU be immediately dus and p~yable ~ad ~hall be~r intetwt trom t6e d~te tLereot until paid ~t tl~e rate o[. tea pe~ oeatum pe~ anaum ~nd tagsNee wiN snc6 intere~t shap be sscured by tbe lien ot this mortgags. 4. To permit, commit or suNer no waate, impairment or detariontioa of said ~xoperty or any p~rt th~sot. S. To p~y aU and siagular the costs, charges and e=penese. inetuding raeonable lawye~ s tess and ooet of ~bstnets ot titk, incuned or pud at• any time by said Moctgages becauee andlo~ in the event of the f~Il~uro on the part of ths said Mortgagor to dulY. Pro~~Y ~nd fully perform. dischargs. ~ecute. eNect, oompist~, oompty with and abids by eacb ~nd every ths stipulations, agres~aent~, eonditions and oovensnts ot s~id promi~sory note, and this mortg~gs. ~ny or either. and said co~te. charges and upsnses. e~ch and every. shaU be im~aediatdy dne and paribk. whether or not there be aotioe. demand. sttempt to coUeet or euit pending; and the full ama~nt of e~ch and e~,sry such payment sMll Dsar int~rest irom the date thereof unta7 p~u1 at tAe nte ot ten per centum per amum: and all said cosu. charges aad aspemss so ineurred oc paid, tog~ether with auch interest. shall bs eseored by the liea of this mortgags. 6. 11?at 1~1 ia the evsat of any bie~ch of this t~tgage oc defanlt ai the p~rt ot tbe Mottgrgor, or (bl in ths • eveat any oi said sums ot mooey he~n rsferred to bs aot promPUY ~~Y P~ •~rithin ten days a~t atter ths saine severally beooms dus and psyabls, wit6oat demand or notiee, or Ic1 in tAe eveat each and every tl~e stipulation~. agreem~ta. eonditions ~nd oovsn~nts of aJd pwaoissory note and this mortg~ge. any or either. ~rs not duly. promptly and fnU~r p~toni~ed, discharged. ~ecvted, effected, oompleted, rnmptied with and abided by, the~, in dther or any euc6 event. t6e said aggregate snm mentioned in said promisaory note then remaining unp~id. with intersst accrued. and all moneys eecurod heroby. ~hsll become dae and p~yabk fartbwith. or thers~fter. ~t the option oi said Mortgagee. ~s fuUy and oompletely as if all of the said sums of aomey were originally stipulated to be paid on such day. anything in said promissory naa and ~ in t~s mo~tg~ge w the contnry notwitAsta:?ding: and theraupcm or thereafter at t6e optan ot said Mortgagee, wlthout notioe or damand, su3t at law or in equity. theretofore, or t6enafter besun, auy be p~o~scuted as if ~11 moneye ssc~ued Sereby had matured prior to its institution. 7. 'lbat in the event tlut ~t the beginning of or at any tims pending ~ny suit upon thie mortgage, or to torecbse it, or to reform it. andlor to enforce payment of any c4ims hereunder. said Mortgages ehall apply W the court having juriadiction t6~eot for the ~ppointment ot a Receiver, sueh court shaU forthwith ~ppoint a Reaiwr ot said mortgaged propertY all and singular. including sll sad siagutar the rents iacome profits. isauea and revenues trom what~ver souree derived. e~eh and every of which. it being e:p~sly underatood ie hereby ~nort.g~ged ae it epeeifically set fort6 and desenbed in the graating u~d habendum clausea hereof, and auch Receiver ehall have ~ all the broed and eNective tuactions and pow~ers in anywise entruated by a oourt to e Receiver, aed auch appointment i shall be mede by auch court as an admitted equity and a matter of eb~otute right to said Mortgagee, snd without ~ reference to the adeqwcy or inadcqwcy of the value of the proprrty mortgaged or W the solventy or insolvemy ~ oi s~id Mortgagor and/or of the defendents, and that aucA tente, pra~fa, inoome, issues ~nd reveeuee ehall be applied ' by s~h Receiver ~coording w the kin and/or equity of said Mortg~gee aad the pnetice of soch oourt. i ~ 8. It ie understood md agreed that tlus mortgags is givea W secure. in addition W the aote or obL'g~tion ; ~bove described any additbod ioans or tuhus edvaacss made wittim twenty ye~rs [rom date hereof by t6e mortgagee W said mortgagors or any enoces~or in titk of said mortgag~ors ot t6e pro~perty hereby conveyed: provided that tAe totd unpaid b~lanoe of the indebtedneaa eecured hereby a: any one time shall ~wt e:ceed tAe ma:imum principd I~plus itwt~e~t thereon ae~aDny diebnYrsements made by the mortgs~geeO~a 6h0e• 00, DolLrs p~yment of ta:es, levies or ineuranoe on the property encumbered iiereby. with interest on such disbursemeate. 1N WITNE3S WHEREOF, the said Mortgagor Aae e:ecuted thia mortgage under eeal on the dsy and year herain first above written. ~ Signed. ~e~led and deliv~ed in the presenoe of: ~ O U ~ dl"0 8 5 er ~sEw~.? ~ • • ISEALI ~ STATE bF FLORIDA ~ Arl ene A. Pl a i s i er ~ COUNTY OF 3T. LUCIE • ~ Harold R. Plaisier and Arlene A. Plaisier, his wi-fe of ~ Before me personallY ~PP~~ ~ 6772 Ashburry Ct. , Jenison, MI. . 49428 Ta 4 ` S ~ .H ~L~~ d • to ms w~ll known and lmawn to~os to be t6s -tndividua~.. desm'bed in and wbo s:e~vted tM ~ • t. ~ ~nd ~dcnowledged beforo ms thatL..6~.. ezecuted the same tor ths purposes t6erein ezpre~.~ti :.`~y ~ ~ . . = WITNE39 my ~a .na or~ ~ ch;s llth d,y of March ~-k; : ' ~ . : xocary - :•1,~ r r _ . Lhe Coua ( " 3U~i~~~ Fl~i ~,~:~V•J ',..+.:ti~~~t~''" - - I ' My oommis~bn ~mres: • ry,~,l~~~., ~ , I ~1 ~ ~ _ - . ~ z~