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HomeMy WebLinkAbout2666 _ _ t:;_ . • , t' 13~ ~6 ~ ~ ~7 R 455639 T roam vanFlEa__,.~.~.._.. shall haw the option to teewiw sad apply tM setae oa aoaouat of the iadsbtsdtteas ascured hereby a to pe.-alt acid Mortgagor to t+saiw and wee # a auy prt thereof for outer purpoaas without thereby waiving er impahiaR nay equity. Lisa oe tight wader a by virtue of this mortgagee and is the event said Mortgagor shill for nay rasaoa hit to beep the said prwnisss so insured, or fail to deliver promptly ally of said potieiea of lawuaoos to acid ~ Mortgagee, or tail pr+omptf3r to pay fully any premium therefor. or is any reaped tail to perform, discharge. e:cuts. effect, complete, comply with and abide by this covenant. or any part beeeof,-said Mortgagee luny p4a and pay for su-h iasuraace a any part thereof without waiving or affecting nay option, lien, equity a right wader or by virtue of this mortgage. and the full amount of each and every such paytttent shall be immediately due and payable and shall bear intend hem the date thereof until paid at the me of tea per cwttnm per annum and together with such iatereat shall be secured by the ilea of this atortguge. t. To permit, commit ar suffer tto waste, Impairment or deterioration of said property or nay part theeeoL t 5. To pay all and. singular the costs. charges and ezpenees, including reaeoaable lawyer's fees and ooet of abstraeta of tiffs, incurred ar paid at• nay time by said Mortgagee because ettdJor is the event of the tellers as the part of the said Mortgagor to duly. prompty and fully per'torm. discharge, ezecuts, effect. oompleta, comply with and sbide by each and every the stlpttlations,~ agreemsata, eorsditioaa nail ooveaants of said promissory note, std ` this mortgage, any or either. and said costs, charge. and ezpsnsee, each and every. shall bs imossdiately due and l: payable, whether or not tb~e bs ttotioe, demand. attempt to collect or suit pending, and the full amount of each i and every such py~sent shall bear interest from the date thereof untt~ pail at the rate of ten per oentum annum; and all said costs, clurges and e:peoses so iacurnd or paid, together with such interest. shall ba secured by the lien of this nartgage. . 6. That tai in the event of nay broach of this mortgage or detauk as the part of the Mortgagee, or fbl in the { event any of said sutra of mousy herein nterred to be not promptly std fully paid within ten days as~tt after the sates severally become due and pyaWe, without demand oe notice, or (ci b the event each and every the etipnLtioaa, apasrtts. oondltbas and ooveoaaq of said promissory note affil this mortgage, any or wither. ors not duty. - ~ promptly and fully performed. dIaeharged, ezeettted, effected, eompteted, complied with and abided by. tbso, is either or nay web event. the said aggregate sum mentioned in said promissory note then remaining unpaid, with iater+est accrued, sad all tttoaeys second tteteby, shall beooate dos end pyabie forthwith, or thereafter, at the option of said ' Mortgagee. as telly and completely as if all of the said sums of Homey were originally stipulated to be paid on such day. anything 6t said promissory Dote, and a in this -mortgage to the contrary notwithstandit~ and tMreupoa or thereafter at the option of said Mortgagr~s, without notice or darnaad, suit at taw a in equity. theretofore. or thereafter begun. may be preseeuted as u all moneys eactteed hereby had matured prior to its institution. - : 7. That h the swat that at the beginning of or at any tithe pending nay suit u poor this mortgage, or to forecbee ~ ii, of to reform it. arxllor to enfaroe pymett of nay claims heeeundwr. said Mortgages shall apply to tits court having ~urisdictiott thereof far the appointment of a Receiver, such court- shall forthwith appoint a Reodvwr of said mortgaged property all and singular. iaeluding all and singular the rents ittcotne profits, issues and teveaues fr+orn whatever sout+oe derived, each and every of which, it Ong ezpnesly utsderatood is hereby mortgaged as if spedfiully set forth and desrn'bed in the granting and lubendum rLuses hereof. and such Receiver shall have all the broad and effective functions sad powers in anywise entrusted by • court to a Receiver, and such appointment shall be made by such court as an admitted equity and • matter of absolute tight to said Mortgagee, and without reference to the edequary or inadequacy of the value of the property mortgaged or to the solvency or s of said Mortgagor and/or of the defendants. and that such rents. profits, itsoatue, issues sad revenues shall be applied by such Receiver aooordittg to the leis aadlor equity of said Mortgagee and the ~ practice of such oarut. t 8. It is understood and agreed that this mortgage is gives to seett:e, in addition to the note ar obligation above dwecribed any additbnal bans a tuturo advanoss toads within twenty Years from date hereof by the mortgagee to said matgagera or any successor is lifts of said mortgagors o[ the property herby conveyed: provided that the total aapald balance of the indebtedness secured hereby at fay one time shall not ezeeed the mazitnnm principal ataortnt of ~ l)ollara 1. plus interest thereon sad any dieburssmeats made by the mortgagee for the paytaeat of fazes, levies a insarauoe oa the property. encumbered hereby. with Interest on such disbursements. IN WITNESS WHEREOF, the said Mortgagor has ezeeuted this mortgage under seal on the day and year herein t first above written. r 3igoed. sealed and delivered in the presence of: i es ion -Ben et ~ ~ ~ ~ STATE OF FLORIDA aY RO e s nett ~ f~• COUNTY OF ST. LUCIE ' OF ' • • , t3eton me pnonauy appeared Charles Mai r ~ - • , 1-~ . his wife, of 3523 Cunberl i n Ct. Ti tusvi 11 a Fl ~ ~ <r7J A ~ to me wan kaorra and >mowa to OM to b!' fife. is and who eaeeitted the foregoing IrutlcNN: _ and aeicaowtsdged baton ate the ....b1.... e~atted t1N al for the pttrpoees tbwr+sia sipreaaed. - ; ' ' . . h • _ WITNESS t ~ iy,~ ~ seal ~ • 'ot ~ G•~~.~ t9 ~ ~j Y k 14i ~1 Gil ?aa i; ri:+! f . : _ , ~ ~ - ^L-f-- 11R7~~~ Notary Pob in and tar aL;;i( PAGE the County a~ State Aferasaid. t ISGttryMPuFt;Y,~ ~l ~Ot 61q Cemmissicn Expires A;~:i 3?. ~ _-3 -..TS, <~.m.-> -,_-r _ ,.rte .