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HomeMy WebLinkAbout2191 i ~W~~ !9]9 SAP 1 ? PN ~ 36 FI`EO pp RECCO~ltUtO ST.I~UClE~WtIT~OFLT . C ERKG~+ CCCIRCUR S~~3e~ RECORD VER1Flf0__~.`-- shall haw tM option to receive and apply tM same on aooount of tM indebtedraaaa secured hanby err to permit acid Mortgagor to reniw and uas it a any part thanof tar other ourpoeea without tbeeeby waivlrag a impaMng any equity. lien a right under or by virtue of fhb mortgage; and in the evert acid Mortgagor shall tot aqy raaaoa hit to keep tM said promiaae eo insured. or tall to deliver promptly any of said polieiaa of inwraooe to acid Martgagee. of tall promptly to pay fully any peemium tbretot. or iu any rrapact tall to pttarm, diadiarg~ e:cute, eHeet. wmpkte, comply with and abide by this covenant. or any part hereof. acid Mortgagee mqy plans arad pay for such iawraan or any pert therwof without waiving err affecting any option, Usa. equity or right urdst err by - vvtus of fhb nartgage. sad tlw full amount of each a~ every such p.ymn,t shall be immediately dw and payable - and shaD bear interest from tbs date thereof until paid at the rate of ten per cenram per annum and togetlrst with such int.re.t shall be assured by the lien of this mortga~a. t. To permit, commit or wfter ra waste. irnpairmaat or detwiontaa of said property or any part thereof. b. To pay all and singular the costa. charges and espenwa, including reasonable lawyer's tees and coat of abstracts of this, incurred or paid at•any time by said Mortgagee because and/or in tbs event of the taihrrs ora the part of tM said Mortgagor to duly. promptly and fully parMrm. discharge, e:ecvte, effect. oomplate. oampky with and abide by each and every the atipulatioas. agreaaanta. oonditiow and wveaaata of said promiaaocy mte, and fhb mortgage. any or either. and said wets, chartea and expenses. each and rvery. shall bs immediately due and payable, whether or not there bs notice. demand, attempt to ooUed or suit pending; and tbs full smouat of each and every weh payment eMll bear interest from tba date thereof untU paid at the rats of ten per antum pet annum: and all said costa. charges and expneaa so incurred or paid, togetlwr with wch interest. shall be assured by the lien of thin mortgage. 8. That lal in the event of any breach of this mortgage or dehult oa the part of the Matgiger; or Ibl in the • event any of said stuns of money herein referred to be not promptly and [ulbr paid within- ten days raezt after the same severally bosoms dw and payable, without demand err Wolin, or icl in the event each and awry the atipuhtioras. agreemsnta, oonditiona sad nvaraanq of said promipory note and fhb mortgage, any or either. an sot dab?. promptly and fully pertarmed, dbeharged. executed, eKaeted. completed, wsnpSed with and abided by. thwr. in either or any wch event, the acid aggregate cum mentioned in said promissory note then remaining unpaid, with interest f accrued. and a!1 moneys assured hereby, shall become due and peyabM forthwith. or thereafter, at the option at acid i Mortgagee. as tulb? and wmpkWy as if all of the said soma of Homey were originally stipulated to be paid ao such day. anything in said promissory note, and at in thin mortgaaa w tM ooratrary notwithaanding; and thereupon or thereafter at the option of acid Mortgagee. without notios or demand. wit at law err in equity. therstoforo. or thereafter begun. may bs peoeecuted u it all moneys secured hereby had matured prior to its institution. 7. That in the eva~t that at the beginning o! or at any rims parading say wit upon thin mortgage. a to tasebes it. or to reform it. and/or to enforce paymerat of any claimer heewnder. said Mortgages shall apply to the court having )urbdiction thereof for the appointmarat of a Reniver, anch wnrt shall forthwith appoint ~ Aeoeiwr at acid matgagad property all and singular. including all and singular the rerats irawme profits, ieauee and ewvenuae from ~i whatever courts derived. each and awry of which. it being expnaaty understood b hereby mottpged s• it epsdtkally eat forth and daaeribad in the granting and habaradum elsusse hereof. and weh Receiver ahaQ have f all the broad and effective tnnetiona and powers in anywise entrusted by • wort to a Receiver. arad cosh appointment ahaU bs made by wch court ere an admitted equity and a matter of absolute right to said Mortgagee, and without reference to the adequacy or inadequacy of the vahie of the property mortgaged or to the aolvara~y a inaolwraey of said Mortgagor and/or of the defendants. and that such rsnq, profits. income, levees and rsveauaa shall be applied by weh Reodver according to the in e:sd/or equity of said Mortgages sad the putties of aneh court. 8. it is understood and ag-~ed that thin mortgage is given to actors, in additions to the note err obligations above described auy additbnal loans or tutors advarana made within twenty yeah from date benof by the moetpgee to said mortgagors err any woseaaor ins title of Hid mortgagors of the property hereby waveyed: povidad that the total unpaid balance of the indebtedness second hereby at any araa lima ahaD not exceed the maximum p'iocipal .mount of SEVEN THOUSAND ONE HUNDRED TWO (;7102.00)-----------------------Do1Vra li 1. plus interest thereon and any dubnreemeots made by the mortgages tar the payment of ta:ea. revise err inauraaos on the Property encumbered hereby. with interest on wch diaburasments. IN WITNESS WHEREOF. the said Mortgagor 6aa a:ecuted thin mortgage under Beal on the day and year hanin first above written. Signed, sealed and delivered ' the p of ISBAU omas a ISEALI S. a STATE OF FLORIDA ss. COUNTY OF ST. LUCIE ms,+P~ Thomas E. Hall and Enna S. Hall, his wife of P. 0. Box 67 West Palm Beach, F1. 33402 . '''fit'"a to me welt known sad known to me to be the indlviduaL~ dsacribad in end vela estaatted ti?, ~ . ~ , ~ . ! and ae~mowladgad baton me that .the.Jt eaaerated the same to tM prrtpoaas theeein expnaMd.. ~~~'<a - 11~ WI'PAIEfiS my head arad offidal anal fhb 25th ~ August ~ - P ~ ~ ~ • • Na~tary titi t tta Comfy , ~ . ~ Carole ' . ` i 1 es . a~~K316 PaGE2191 "y