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HomeMy WebLinkAbout2127 459231 1919 SFP 17 PM 2~ ~ ? S~R06ERC OINTTRA~~. CLERK CIRCUIT CO REC!!RO YERIFIEQ_ - shaU haw tM optbn to receive and apply the name on account of tM iodebtadow eecured hereby er to permit aaW Mortgagor to receive and ues it a aqy part thereof for other purpoeor without thereby wNving ar impaNog any equity. Usn ar right under a by virtw of thie nrartgege: and is the avwrt raid Mortgagor shall Mr aqy reason fail to keep tM said prernisor eo insured. or tail to deliver promptly any of said polidee of iasaraaoe to raid Matgagse~ or tail promptbr w pay fully any premium tlreretor. or in aey reepeet tail to perkrm, dkaeharge. e:eute, effect complete. comply with and abide by this covenant. or any part hereof. said Mortgagor my pkioa and pay far such insurance or any part thereof witl?out waiving a affectiaR any option. Uea. puny a right under a by virtrae of this rrrortgags. and the lull amount of each and awry such paynrsart shall be imnrediateiy dw sad payable and shall bear interwt hom the date thereof until paid at the rate of ten per pntum per annum and together with such interest shall be secured by the Lien of this mortgage. . 4. To permit. commit of wffer rro waste. impairment oc deteriontioa of said property or any part thereof. 5. To pay all and singu4r the costs, ehargor and e:peeeor. including reasonable lawyer's tree sad acct of abstracts of title. incurred or paid at. any liars by raid Moetppe because andlor in tbs. event of the !allure on the part of the said Mortgagor to duly. promptly sad fully perform. dieeharge. execute. elteet. complete. aompi~r with . and abide by each and awry tbs etipulatbns. ageesments. oonditioru and covenants of said promiesoey note. and this nratgage. any or either. and said torte. charges and expsneee. each and awry, shall be immediately dos and payabk:, whether or not there be recline, demand. attempt to collect ar suit pending; and the full amount of each and every ouch payment shell bear interest trom tM date thenot until pair! at the rate of ten per osatum per annum: and all said eoste. ehergee and expenses so incurred or paid. together with such interest, shall be senared by the lien of this moctgsge. 8. That lal in the event of any breach of this mortgage a ddauk oa the part of the Moetgr~gor, or ib1 la the • event my of said soma of money herein referred to be not promptly and tally paid within tea days neat aMr the same esvaraUy become due and payable. without demand a notice. or kl in the event each and very the stipdatiom. asreementa. conditions and cowoana of eeid ptorniesory note and thin mortgage. any ar either. an not duty. promptly and fully performed, dieelrarged, e:enated. effected, completed. complied with and abidd by. then. in etthsr or any such event tM said aggregate suai areatioad is raid preoeniesory note thee remaining unpaid. with iateeest accrued, and all moneys secured hereby, shall become dw srd payabM forthwith, or thereaher. at the option d raid Mortgages. as fully and oomp{stely as if all of the raid cams of oonrey were originally stipulated to be paid as _ such .day. anything in raid promieeory note, and ar ie this mortgage to the contrary notwithetandbe~ and thereupon or thereafter at t.hs option of said Mortgagor. without notice a demand. snit at law a m equity. theretofore. or thereafter bagnn: may bs pawecnted as if all moneys second herby had matured prbr to its institution. 7. That in the event that at the beginning of or ac any time pwrding any suit upon this mortgage. a to foreebor it. or to reform it. andMr to enfar+a payment of any claiau herrnnder, raid Mortgagor ahaU apply to the court having juriedktion thereof for tbs appointment of a Receiver. endr ooart ehaII forthwith appoint • Receiver of sold mortgaged property all and singular. iochd;ag all and eingttlar tM note income profile. ieeuw and reveatree from whatever eonrce derived, each and every of whkh. it being espeessly understood is hereby mortgegd a it spscifiesUy Brat tooth and deees'bed in the granting and habeadum elarsee hereof. sad each- Receiver sbaD haw all the brwd and ef[ectiw iranctioae sad powers is anywior entrusted by a court to a Receiver. and such appointment shall be made by such court u an adaaitted equity and a matter of absolute right to raid Mortgagor. and without ~ reference to the adegwcy or inadequacy of the value of the property mortgaged or to the solvency oe insdveoey i of said Mortgagor aadlor of the defendants. and that such rsnta. pmfiu. income. ieeuee and revenuer shall bs applied f by wuh Receiver according to the !rin snd/or equity of said Mortgagor sad the practice of each caret b. It ie understood and ag>esd that this mortgage is given to eenrre. in addition to the note or obligation above deevibsd any additional bone a futu» advanea made within twenty yeah from date Meeot by the moetpgor to said matgagore or any auawsor in title of se3d mortg.giors of the property herby conveyed: provided that the total unpaid balance of the indebtedraees errand hereby at any oas time shall not record the mazimum amount of SI~TNwOnUS~~~D ONF~H~~DRED T4iENTY (6120.00)--------------------- Doran ii 1. pMe interest a any du ote made by the mortgagor far the payment of ta:or. levier or inwaranoe on the property encumbered hereby. with interort on curb dieburssmsots. IN WITNESS WHEREOF. lire raid Mortgagor has executed this mortgage under seal on tbs day and veer herein first above written. Signed. sealed and deli in presence ot: _ , ~ ISEALI a va ore e o ' ISEAL) to C. e o 3I'ATE OF FLORIDA ~ COUNTY OF 9T. LUCIE m.a~~ Salvatore J. Aiello and Vita C. Aiello, his wife of 5610 MnnroP St_ ~ Hollywood. Fl 33023 _ to me well Icsowa and tmawn to me t0 bs ttM individaal.S dMtvibd m and who e•eennted ` and admowledjd before me thatt..hrjL.. exswtd the came far the purposM therein eor e~2d~. •t 8r~ 24th g r''" ~ WiTNE88 my head and otedal real this ~ ~ AU USt _ y_ s~ _ ~ ~ ~C.~, c~ rr~~,~ w ; B'l~K 316 PAGE~1~~ ,~r arc ~p raP ~ D