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HomeMy WebLinkAbout2155 r i 459243 1919 SEP I T PEi 2 59 Fl~EO~A~~~Npp Rvv CO?tut0 :T~tj1GERCPO~ RASA. - CLERK CptCU1T COlIR 0 YEtiIFtEO.,~._ shall haw the option to reeeiw sad apply tM name oa tcoount of tbs iadsbtedwss sseu»d hereby or to permit acid Mortgagor to rseaiw and use it or any part thereof fat other pneposss without thereby waivlos or impairing nay egmtY. pea or right under or by virtw of thin mortgage: sad irr tbs event said Mortgsga .ball far aqy reason tail to ttesp the said premiass so insured, or taD to deliver promptly any of Mid polkisa oI inwuarroe to Mid Mortgagee. or ttD promptly to par fupy any premium therefor. a in nay rwpeet tap to parkrm. dMe6atga~ estate. effect, eompbte. oompty with and abide by fhb eowaaat. or any part hereof. said Mortgages may pt•a and py Eor_aueh inwnna_or_ sny _ part_ thereof. without waivIns ar-affecting any option. ilea. equity or riSAt render or by - virtue of Rhin nwrtgage. and the fuD amount of each and every such pyn+snt shaD bs ima~sdiatdy dw sad payabM and shaD bear iaterwt from tM date thereof untD paid at the refs of tea per oso~,un per taaum tad together whh arch interest abtU bs secured by the lien of chic mortgage. i To permit. commit or wftar rw waste. impairment or daterioratiox of said property or any part thereof. 5. To pay all and singubr the costs. ehargea and a:peaaee. inch~ding reasoaabk lawyet'e less cod cost of abstracts of title. incurred or paid at• any time by said Mortgagee because andJor in the event of tM tailme as the part of tM Mid Mortgagor to duly. promptly and tuDy pstfarm. discharge. aseeute, effect, oompMta~ comply with sad abide by -each tad every tbs stipubtiow. agrseannta. eonditioae and rnveaaata of said promiMay sots, sad fhb mortgage. any or either. sad said costs. charges and espsnses. arch and every. shall be imrrrsdiatsly dw and payable, whether a cwt there . be notice. demand, attempt to copses a wit pendia_r.. and the tuD amomrt of etch sad every cash payment shall bau interest Iron tM date theceot uatU paid at the refs of ten per oentum per annum: and tU said costa. charges and e:peness so incurred or paid. togetler with wch interest. shall bs eseared by , the lien of this mortgage. e. That lal in tM event of any brMeh of this mortgap ar dshuk oa the part of tM Mortgagor. or ib1 ie the • evMt any of .lid same of mosey herein referred to M not promptly sad fuDy paid within tea days ns:t .fee the earns ssveraDy become due and ptyabls. without. demand a notice. a Icl is the avast eae6 and scary tbs atipdations. agreements, wnditioos sad eoveotnta of said prominory note and fhb mortgage. any a either. a» not dob?. promptly sad fuDy psr[armed. discharged. asecuted, eHeeted. completed. complied with and abided by. than. fa either or any cash event. the said .ggreg.ce cam mentioned in said promisaay note chew rem.iaing unpaid. with iner..c accrued, sad all moseys .scared herby. shaD become des and payable forthwith, or theeesttet. at the option of said Mortgages. as fupy and completely u if aD of the aaW sums of aoarsy were originapy stipulated to bs paid on such day. anything iA said promissory note. and a in ties mortgage to the eontnry aotwithsta~ tad thereupar or thereafter at the option of Mid Mortgagee. without antics or demand. suit tt Itw or m sgnity. tberetoton. or thereafter began. may bs prosecuted u it aD moseys seea:ed herby 6td matured prig to its institution. ate. That in the event that ac the beginning of or .c any time pending any wit upon this matgys. a to toYeebM it. or to reform it. andior to enforce payment of any claims hsewrader. said Mortgages .hail apply to tlw court having jurisdiction ehsnof for the appointment of a Receiver. arch eamrt shaD forthwith appoint • Aeoetvet of said - mortgaged peopscty aD and singular. inchrding ap and dngalar the rents income prot~ts. isatse and esvemrM from whttsvet aonrns derived. each sad every of which. it being a:prseely understood is beeeby mortgaged u it apeei8ally net forth and dMrn'bed in the granting and htbwdum chrraee hereof. sad such Rsoeiwr chap 6tw aD the broad end etfietiw functions sad powers in anywias entrusted by a court to • Receiver. and arch appointment . steal! bs made by wch court as an admitted equity end • matter of absolute right to said Mortgages, and wh6ont refarenos to the adegatcy or inadsgwcy of the value of the property mortgaged or to the solvency a insolvsoty of acid Mortgagor andlor of the defendants. and that each testa. profits. imoome. issws sad reveres. abaD be applied by such Receiver according to tb~ i~ r.:id/or equity Ot said MCRgagae and -the practice Of each c01IIt. S. It is understood and ag ~!ed that fhb mor'tgsgs is given to secure. in addition to the note or obligation above described any additboat inane or faturs advanws made within twenty yea» from date hereof by the mortpgae to said mortgagors a any saccewor is tills of said mortgagors of the propsrg bseaby owvsyed; provWsd that the total unpaid balance of the indebtedness ..erred beret at any ow tint chap cot e:cssd the peinciptl amamtof SIX THOUSAND SIX HUNDRED AND T~IENTY ONE DOLLARS--------------I DoDan lti 1. phu interest thence sad any disbursements made by the mortgages for the payment of ta:se. Mviee or bisuranos on the ptoparty encumbered hereby. with interest on wch disbarssmMts. IN WITNE93 WHEREOF. the said Mortgagor has a:seated fhb mortpgs ender seal on the day and year herein first above wiitten_ 3igrisd. waled and delivered in the presence of: (8t3At.) Franklin R. F or an a e or t3TATE OF FLORIDA . COUNTY OF ST. LUCIE w ! ? Franklin R. Fedor and '~landa H. Fedor his wife o ~ B.ton me penonauy appeared ~ f:.- _ - 961 Beechfern Lane, Rockledge Florida 32955 ~~~~4 _ to ms wap known and tmown to me to bs the iadividwlS dasQibad b sad who ezaeoted the taegaiog r sad admowledgad baton ms that .the. s>.aartad the acme tot the ptspoaM therein szpresasd. { ~ .''S~i... +~y~, ~l.ilt s~~ wrrNESS my 6aad .ad otfieW .Ml chi. 27 day ~ Au us t 179 4it.~ ` Notaq Po m and far the Canary sad 8tata AtonMid. tIK !)GE Yy oommbsioa e~irlllk~K• Stz:e of l~'+riaa zt la:^' 4 31p1i~3~.6 P 2~ R!y Commiss'an fr.p~r2s AMrii 3a. 1i83