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HomeMy WebLinkAbout2150 - i 459241 { 1919 SAP I7 PM 2~ 58 E t~COoR1N11~.it``A. P~OtT~ S CL[RK RECORD VERIFIFt)..._L~. shalt haw tM option to receive sad apply tM ems oo account of tM iodebtedosa saved hereby ere to permit said Mortgagor to receive sad ua it or any put theseot for other puspoaa without thereby waiv6Y err impairisrs say .gutty. /leer or right under or by virtue of fhb mortgage: and is tM event add Yartgagor shall for aqy tsasoa fail to keep tM aid parolee so iasund. a tail to deliver promptly any of s.id policies of iosannoe to ssdd Yoetgagee. a tall promptly to Wy ~Dy any premium thsntor. or m any respect tail to pM'torm, disehar~a. e:cute, efteet, eompMte, comply with and abide by thL eowaaat, or any part heseot, said Yortsages may phoa sad pay for sud? iawrance or say part thereof without wdviag err atteaiag any option. lien. equity err rt8ht uadar- err by viKw of chic mortgage, and the lull amount of each and awry each payment shall be immediately dw and payabM and shall bear interest from the date thereof until paid at the me of ten per oentum per aaaum and to~atMr with each interest ehaU be secured by the ties, of thL mortsap. To permit. commit err coffer sa weals. impairment a det~eriontioa of said property or any part thsreot. 6. To pay all sad singular the costa, durga and espeasss, inehding reasoaabk lawyer's tees asd poet of abstracts of title. iaenrred err paid at- any time by said Mortgage beuuae and/or in the event of the talkers oa the part of the said Mortgagor to duly. promptly asd tally perform, disdiarge, as<easts, effect. complete. oompbr witl? asd abide by each and every the stipnLtions. agsesmsnq, sooadttiosu and covenaata of said proaissory note, and this nartgage, any or either. asid Laid costs. drarga and e:psasa, each and every. shall be iaas~Asdiate~r dw and paribus. whether or not then bs notice. demand. attempt to collect or suit pending; and tM full amoral of eae6 and every web payment shalt bear interest from the deer thsnof until paid at the me of cep per ceatum per annum: and tU said costa. charges asd escpenaa so iaersrrd or paid, taptlrer with such interest. rhdl be secured by the lien of this mortgage. e. That lal in tM event of any beeaeh of-this mortgage err dsfanlt oa the part of the Mort~i~or. a Ibl is the • event any of said same of money bsreia referred to be not promptly and tuDy paid within tern days reel alter the asps averaUy become dw assd payabM, without demand err notice, or Ic) is the event aae6 and awry tbs atipdstiooa. a8reernents, ooaditions and oovsoanta of said -promissory smote and this mortgage, say or either. are o~ dnbr, promptly and Isslly performed. discharged. e:eeuted, effected. completed. cornpiisd with asd abided ter, thee. is e&her err say moth event, the said aggregate sum msntiood is said promissory note than resnaiaina unpaid, wRh iotaesst aeerssed, and aU moneys secured herby. shall become dw and payable forthwith. or tbscattec. at the option at said Mortgages, as fnUy sad completely u it all of-the said sums of ssomay wan originally stipulated to ba pdd osr such day, anything io said pe+omiaory smote, sad a is this moetpge w the contrary aotwkhstandin~ and thereupon a thereafter at the aptioo of said Yactgagse, without notice or demand, wit at Iaw or is equity. thsrstofosb, or thereafter begun. may bs presented u tf all morays eeeueed 6weby had matured prior to ib institution. z. That in tbs swat that at the beginning of err at any time pending say wit upon thL mortgage, a to toreebse it. or to rdorm it. and/or to eatoros payment of say daims hsrsnnder, said Mortgaps shalt apply to the court ''I having jurisdiction thweof for the appointsaesst of a Receiver. arch court shall fosthwkh appoint a Receiver of said moetgagsd property aD sad singular. Lechsdmg all sad dngulas the rents income profits. issues sad eavemsa from whatever aonrce derived. each sad every of whidr, it beiesg eatpeessty understood i. hereby mortppd as it spsdfieaUy est forth and dsscn'Ded in the grantfag and 6absadnm dausa hereof. and sac6 Receiver sisaD haw aU tbs bead and etfeetiw Inactions asd power is aoywia eetrusted by • court to a Receiver, and suds appoiotmsat s6a11 bs made by weh court u as admitted equity and a matter of absolute right to aid Yort;a8ee, sad without reference to tbs adequacy or inadequacy of the valve of the property mortgaged a to the sdwoey or iasdvessey of aid Mortgagor aadlar of the defesrdants, sad that each ,enter. profiler, income, levee sad revenwe shall be applied by moth Racstver according to the :tin and/or equity of said Mortgages and the practice of esseh oomrt. 8. It is nndsretood and aged that this mortgage is given to ssnrre, is addition to tM ,sole err obYption above described any additbnal bans or futon adv~acea made within twsssty yeah from date hereof by the mortpses to aid mortgagors or any wcoasor m title of said mortgagors of the propwty ~y coavsyed; previdd that the total repaid balance of the indebtedness secured barer at any Dees tiros shall ,sot arced the madmnm p-rioeipal amount of FOUR THOUSAND FORTY AND NO/1~0--------------------------------- Douars 1= 1. plus interest tberwn and any duburesmeate ,Dads by the mortgagee for the payment of tares. Inriss or iaesaance on the ps+opeety eneumbared herby. with interest an moth dieburssmsats. IN WITNE93 WHEREOF, the said Mortgagrr hu executed this mortgage nssdsr sal oa the day sad year heeein /list above written. 3igoed. seated asd delivered ' the preewos ot: - ~ tISEAI.1 o r (t3EAL1 STATE of FLORIDA .a Barbara W. `CQlaner COUNTY OF ST. LiJCIE tore m. ~a~y, ,ppea~ Joseph D. Col l ner and Barbara W. Col l ner, his wife of 142 S. Twin Lake Rd., Cocoa, Florida 32922 to ma waft ksawa and known to ms w be the IndividuaLS dssr:[bd fa mod who azaeated the toragoios iosaramsot. and aeimowl~~d:;bstore ms thatt...bil... ezsatted the same fa tM ps*poass thsnia espeassd. -.-~'.~tj,, .ad oMleid .al chi. 19tH _ d,y ~ AU USt IR79 - Notary ' ~ In and for ~ . , b , - _ ' = 6'1 PAGE ~ ICaC thy N eft. Atoew.ia. ' " l >ttl commiaafoet