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HomeMy WebLinkAbout2186 q sszs9 X19 SEP I7 PN ~ 35 ST IyiICIEENC~ITTOY FLA. I~ ER r01TRAS CLERK CIRCUIT COUR_ T RECORD YERlFlEO_.G} ahaB haw tM optbz to receive and apply tM game oa account of the iadsbtednaa asenred Hereby oe to permit cold Mortgagor to receive gad ass it or gay part tbanot tar other puepoasa without thereby waivios a impatrlag aay_ equity, Lien a right under a by virtw of fhb mortgye; gad is tM event gold Mortgagor shall tar any reaaoa tail to keep the acid pumice. ao inwnd. or tail to deilivver peamptly any of cold polklea of inanraooa to aaW- Mortgagae. or tail promptly to pay fully any premium therefor, or in any respect tail to perform. diedtargr. .:cute. .Reef, complete. comply with and abide by thL eownant, or any part hereof. acid Mortgagee may plan and pay for such insurance a any part thereof without waiving a aHeeting any option, lien, equity a rlg'ht reader a by virtue of this awrtgags, and the toll amount of each and awry ouch p.ynrnt shall bs ima~ediatdy dw and payable and abaL bear iatereat hom tM date thereof until paid at tbs me of feu per oentum per annum gad togathar with such iatareat .hall bs .scored by the flea of thin raoet;ap. _ To permit, commit ar euHer ra waste. impairment or deteriontioa of said property or any part thereof. b. To pay all and singular the costs. ehargea and .:pens.., ineh~ding reasonable lawyer~• tees and coat of abetraeta of title. incurred a paid at. gay time by said Mortgagee bemuse sndlor in tbs event of the taihrra ao the part of the acid Mortgagor to duly. prompty gad fulh? perform, discharge. execute. .[feet, complata. aomp~y with and abide by each and every the etipulatioas. agreem•ots. conditbru and coveaanta of cold prardasory rata, and this mortgage. any or either. and said coats. charges gad expense.. eeeh sad every. shall bs immediately dos and 1 payable. whether or not there be notice, demand. attempt to collect or suit pending; acid the full amount at each and every such payment shall bear iatereat from the date thereof until paid at the refs of ten per osetum per annum: and all said eoeta, duu•gee and expenses so ineurrad or paid, toptMr with such interest. ahaU be accreted by the lien of this mortgage. 6. That lal in tM event of gay breach of this mortgage or datanlt on the part of the Martpigar. a Ibl fro the • event any of gold soma of money herein referred to be not promptly and tuDy paid within tea days nszt after the same swerapy. become dw and payable. without demand a notice, a Icl in the event each wd .vary tM atipnlatioos. agree<nenta. conditions and cowaanta of said {uomisaory note and thin nartgage. any or either. era not dn~y ' promptly and fully performed. discharged, euctttad. effected, completed. ooa?plisd with and abided by. then. in either C or any each event. the said aggregate sum mentioned in cold pramisaory rate then nmaiaing unpaid. wtth intsneet accrued. and all moneys .scored herby. shall become dns and payable forthwith. or chereatter, at the option of cold Mortgages. as fully and eomplet~ly as u all of tbs acid cams of aomsy ware originally stipulated to be paid on and, day. anything in gold promi.sory sou, and a is fhb mortgage w ehs ooatnry notwithstanding: .red thereup~ or chsreatter ac chs option of sad Mortgage, wtthouc recline or demand, snit at law or in equity. theretofore. or thereafter begun, may bs proseentd u H all monsya ssau~sd hereby had matured prior to its instiwtbn. _ , That in the e.~ent ch.c at the beginning of or at any tim. peodins .ny gait upon chi. morca.a., ar w ta.eloaa it. or to reform it. aodlor to eafora payment of any chime berwmdar, said Mortgagee shall apply to the court ~ having juriedietioa thereat for the appointment of a Reviver, ouch court .hall torthwit6 appoint • Raoeiwr of acid ~ ~ mortgaged property all end singular. inchd~g all gad tinguler the recta income profits. iesuea and rwveowa from whatever aonroa derived. each and wary of whkh. it being expeesdy understood is hereby mortpgad a. ii spsd5aliy gat forth and deeerr~ed in the granting and habeodum clause. hereof. and such Raaivar sbaD have all tM broad and effective functions and powers is anywise entrusted by • court to a Receiver. gad such appointment shall be made by such court as an admitted equity and • matter of absolute right to cold Mortgagee, and without reference to the a~quaey or inadequacy of the value of the property mortgaged or to the eoh+eoey a insolvency of .aid Mortgagor aadlor of the dsfendanta, and that such rwu, profits. income, isawa and nveanes ahaU bs applied by sue6 Receiver ataording to the !yin and/or equity of said Mortgagee and the practice of ouch carrt. 8. it ie undentood and ag~+ed that this mortgage is given W secure, in addition to the note or ob8gatioa above described any additbnai bane or futon advances made withbt twenty yeah from date besot by tM matgagw to acid matgagora or gay euoceesor in title of said mortgagan of tbs peoparty hereby conveyed; providd that the total unpaid balance of the indebtedness second herby at any oas lima abaft not awed the maximum piiocipal amountot THREE THO~lSAND,FIVE HUYDRED NINETY (3590.00)-------------------~Uars It 1. piu• interest thereoe • any dubursemsate made by the mortgages for ttw payment of ta:ea. levies a inwaaaos on the property encumbered hereby. with interest on sud? di.bur..meaa. IN WITNESS WHEREOF, the said Mortgagor hu executed thin mortgage ender seal on the day gad herein Cyst above writtw. Signed. sealed and delivered in the pneeaoe ot: C r/'~JAG_ s F Van e~MfJaut~erKLry.'{ pp ~ * ~ Arlene M. Yan de Water STATE OF FLORIDA a COUNTY OF ST. LUCIE msal~+a Charles F. Van de Water and Arlene M. Yan de {later, his wife of 9ddR F~~;p Cirrlp~ Cocoa_ F1 32922 ,•••'-~.i,~,.• to ms well known and known to m. to ba the individwLS desadbd fa and who exattttad `~v~~r• . gad aekaowledgad baton ms that ..~ha.y sseeatad the same for the prolpoaea therein espe~rd~;~,f 22nd AuguS~,. wtTxESS my hood and ofddal gad Chia d.y of V 4'1 i ~ Notary= Y the ec~~ arc a n'1~KJ~U P~~E218f ~ M.ar~ ch~ 198Z