Loading...
HomeMy WebLinkAbout2681 4s$ ~ 1t 1T T - ebaD haw we option to receive and appb? the rams aao~i o~'1Mlehlei.ea hereby or to permit - said Mortgagor to receive and use it or any part thereof tar otlnr ptupoess without thereby waivfng ar impaitiog any equity. lion ar right wader or by virtue of this mortgage; and in tba swat said Mortgagor shell for any season taD to keep the said premises so insured. a tail to deliver promptly any of said potiebs of insurance to said Matgagae, or (ail proraptlly to pay tally any premium therefor. ar in any respect tail to perform, diseharge~. e:cute. eNeet, complete. comply with sad atdde by this eoveaaat, or any part hereof. said Mortgagee msy pbas and pay for such iasnrence or any part ~tbereof without waiving or affecting any o{::ion. lien.::.j'uity ar riRht ntidsr or by virtue of this mortgage and the full amount of each and awry such payment shall 'be immediately dns and payable and shall bear interest from the date thereof until paid at the rate of ten per ceatum per annum and together with each interest shall be secured by the lien of this mortgage. To permit. commit or suffer no waste. impainoent or deterioration of said property a any part thereof. 5. To pay all and singular the costs, charges and espenses, inchding reasonable lawyer's teas sad ooeR of abetraets of title. incurred or paid at• say time by said Mortgages beauee and/or in the event of the taihue oa tbs pact of the said Mortgagor to duly. promptly and tuDy perform. discharge. e:rvte, effect. complete. oompb? with and abide by each and every the stipubtioos, agresa~enta. coaditioas and oovetunts of said {xomiesorp aate~ and this awrtgage. any or either. and said costs. charges and espensss. each and every, shall bs immediately due sad payable. whether or not there be notice. demand. attempt to collect or suit pouting: and the toll amamt of each and' every such payment shall bear interest from the date thereof until paid st the rate of ten per oeatnm per annum: sad all said casts. charges sad e:peasss so iaatrred or paid. together with wch interest, shall bs sscueed by the-ties of this mortgage. 8. That lal in the event of any breach of this mortgage or default on the part of the Mortgaigor. a Ibl is the • swat any of said sums of money herein referred to bs not promptt~! and tulb? paid within ten days aezt attar tbs same severally become due sad payable. without demand a notice. qr Ic) io the event each and every the etipnlatiaos. agrssmeate, conditions and cowoanq of said promissory note and fhb mortgage. any ar either. are not dnbr. promptly and fully performed, discharged, eucutad: effected. completed. oomptied with and abided by. then. in either or any such event. tbs said aggregate sum mentioned in said promissory note then remaining unpaid. with interest accrued, and all moneys secured hereby. shall bacQme due sad payabb forthwith. or thereafter.. at the option of said Mortgages. as tally and completely as # all of the said same of nomey were originally stipulated to be paid on such day. anything Tn said promissory note. and or io .this nartgage to the contrary notwithstanding: and thereupon or thereaher at -the option of said Mortgages, withart notice a demand. suit at law or in equity. theretotora. or thereafter begun, may be prosecuted as if all rnorwys secured hereby had matured prior to its institution. That in the event that at the beginning of or at any time pending any suit upon this mortgage. or to for+eelose it..or to reform it. and/or to enforce payment of any eWms hereunder. said Mortgagee shall apply to the court having jurisdietioa thereof for the appointm~t of a Receiver, such court shall forthwith appoint a Recaivsr of said mortgaged property aD sad singular. tneluding all and singular the rents income .profits. issues and revenues cram whatever source derived. each and every of which. it being e:prealy understood is hereby mortgaged u if specifically set forth and described is the granting and 6abendum clauses hereof, aed soch Receiver shall haw all the broad and effective fuactione sad powers is anywise entrusted by a court to • Receiver. and such appointment shall be made by such court as an admitted equity and. a matter of absolute right to said Mortgagee, and without reference to the adegwcy or inadegwcy of the value of the property mortgaged or to the solvency or insolveaey f of said Mortgagor and/or of the defendants. sad that such rents. profits. income. issues and revenues shall be applied I by such Receiver according to the leis and/or equity of said Mortgagee and the practice of such scarf. 8. It b understood a~ agreed that this mortgage is given to secure. ~ additi~ to the note or .obligation above described any additional loans or fntuee advances made within twenty yeah cross date hereof by tbs moctgsges to said mortgagors a any sacoessor title of said mortgagors of the property hereby conveyed: provided that the total unpaid balance of the i secured hereby aL any arcs time shall not esceed the mazimum p'tincipal - amouatot THREE THOUSANDS EN HUNDRED FIFTY THREE AND NO/100 Down 1: 1. plea interest thereon and any dbbursernsats made by the mortgagee for tbs p.yment-aYLail3f-alvlae a insur.aoe on the property encumbered hereiby. with interest oe such disbursements. IN WITNESS WHEREOF. the said Mortgagor has a:ecuted this mortgage under seal oa the day and year herein first above written. Signed, sealed and delivered in the presence of: n , (SEALI ar es se e e 13EAL1 f ladys .Eisenfelder STATE OF FLORIDA es. COUNTY OF ST. LUCIE setore me personalty .ppeared Charles A. Eisenfelder and Gl advs 6. Eisenfelder, hi s wife of 1073 Squire Cheney Dr., West Chester Pa 19380 to me well known and known to to bs the individually desaibd is sad who e:eeuted the faeegoiog instrument, sad ~+?1di1~ before ms that ~.h~f : • e>agtt~d. tl~ same for the pt>:poses therein espreeeed. tai"A-±~r~ my band and a~tRcid se~i~t6ir' ~6~1 , ~ d,~ ~ Ju1S~ 19 79 K. ~ ~ _ . , - Notaq Pn in and for 't"~,` i• ; wit the County and State Aforesaid. ~'~'G-:~-E' a~~14 PAGE Kathy A. O'Neal - . - dune 8, 1 • ~,o~,::...., ~