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Home My WebLink About2694 ' r~* t a-~ • a~ ~~s ~ ~ i= ~e lz 455;52 T shall haw tlw option W reaiw sad apply the sa~t6s indebtadrtess secured hereby oe to pscmit said Mortgagor to recaiw and use it a aqy part thereof for pm~po"`iii"~llOUt tbsreby waiving or iaspait;ng any equity. liars oe tight under a by virtue of this mortgsgec and in tbs event said Mortgagor shall -for say reason tail to keep the said premises so insured, or tail to dsUver promptly any of said poUedea of iswraaos to said ' Moetgagea or tail promptly to pay fully any premium therefor. or in aqy reapee:t tail to psrferm. discharge. e:cute. effect, cornptete, comply with and abide by this covenant. or any part hereof. said Mortgagee may place sad pre for such insurance or any part thereof without waiving a affecting any option. lien. equity err right under or by virtue of this mortgage. and the full amount of each sad every such payment shall ba immediately dw and payable and shall bear interest from the date thereof unt{7 paid at the rate of ten per ceatum per annum sad together with t encl. interest shall bs secured by the lies of this mottgsge. 1. To permit. coa{mit a wHer no waste, impairment or detsrioratioa of said property or any part thereof. 5. To pay all and singular the casts. charges and e:pensss, inchedieeg reasorubls lswyer's fees and cost of i abstracts of title. incurred or paid at• say time by said Mortgages because aeedlar in the event of the faihere oa the part of the said Mortgagor to duly, proraptly and fully partorm. discharge. a:scuts. etteet. complete. oomp(l? with 'i, and abide by each and every the stipulations. agresmente. conditions and ooveoants of said promissory rote, sad this mortgage. any or ether. and said costs. charges and eipenses. each sad every. shall bs immediately due sad paye±bk, whether or not them be notice, demand. attempt to collect or wit ~peading: sad the full anwunt of each and every wch payment shall bear interest from the date thereof until paid at the me of ten per eentum per t annum: sad all said coats. charge and espenses so incurred a paid, together with wch interest, shall bs secured by the lien of this nwrtgage. f 6. That lal in the aveat of any breach of this mortgage or dsfauk on the part of the Matgrigor. a Ibl in the • guest any of said wms of money herein rehrred to bs not promptly and fully paid within ten days Host attar the same severally become due and payable, without demand or erotica a lcl in the event each sad every the stipalations. agreements, ~ eooditbna sad covenants of Hid promissory note and thin mortgage. any or dther. see not ddy. } promptly and inlly performed. discharged. eseceeted. effected, completed. complied with and abided by. then, in either err any such event. the said aggeegate sum mentioned in said promissory note then remaining unpaid, with interest acereeeil, and all moneys secured hereby. shall become due and payable forthwith. or t.l~rsafter. at the option of said Morigagee,• as fully and completely as R all of the said sums of gamey were oeiginally stipulated to bs paid oa ~ ouch day. anything in said promissory note. sad oe in this mortgage to the contrary aotwithstaading: and thereupon or thereafter at the option of said Mortgages. without notice or demand. wit at law or iA equity, theretofore. or thereafter begun. rosy be prosecuted as if all moneys secured hereby lied matured prior to its institution. ~ i 7. That in the guest that at tbs beginning of or at any time pending say suit upon .this mortgage, or to foreclose it, or to reform it, aadlor to enforce payment of any claims hareander, said Mortgages shall apply to the court having jurisdiction thseof for the appointment of • Receiver. such court shall forthwith appoint a Receiver of said mortgaged property all and singular. including all and siaguhv the rents income profits, issues and reveavee from whatever source derived. each and every of which. it being eY understood is hereby mortgaged as it ~ specifically set forth and described in the granting and habendum clauses hereof. and wch Reoeivar shall love ~ I all the broad and effective functions sad powers in anywise entrusted by a court to a Receiver, and such appointment # shall be made by wch rnurt as an admitted equity and a matter of absolute right to said Mortgagee, sad without reference to the adegwcy or inadequacy of the value of the property nartgaged or to the solvency or insolvency of said Mortgagor andlor of the de[endants. and that such rents. profits. income, issues and e+evenues shall bs applied € by such Receiver according to the leis andior equity of acid Mortgagee and the practice of wch court. ' t. € 8. It is understood and agreed that this mortgage b liven to severe. in addition to the note a obligation above descdbed any additional bans a future advances mods within twenty yeah from date hereof by the moetgages W said mortgagors or say successor in tills of said mortgsgorr of the property herby conveyed; provided that the total unpaid balance of the iadebtedasss secured hereby at any one time shall not esoeed the mazimum D _ f .mouatot SEVEN THOUSAND FOUR HUNDRED THIRTY SIX (:7436.00).------------- 1= 1. plies interest the'eon and any disburaaments made by the mortgagee for the payment of ta:ee. levies err insuraeece on the property encumbered hereby. with interest on wch disburaeeosnts. IN WITNE33 WHEREOF, the said Mortgagor has a:ecuted this rnortgags under seal on the day and year herein fn st above written. Signed, the presence of: 13EAL? . e _.F 13EAL1 o een J. ffler SLATE OF FLORIDA ss. COIJNTY OF SP. LUCIE Before me . Don J. l.e~f~er and fwl•leen. J. Leffler, his Mift tom` ~ ~.a1if{i{{1111 } Tri i R ~ t ! to ms well known and known to ~ tO ire i~dir11. S dssailpd in -and , tht~ . a~ aeknowlsdged~ before ms that ..~{s..il ezeeated the same for tbs purposes ~ y ; ~ f % ~ ~ 1 WI'I'NE33 my head and ot6dal seal this _~th day of t w . , Notiiry ~tbe aa~K314 PAQEf.W~ Midt'O~l~'. ~'.~tP!n~ - . March 8, i9s2