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HomeMy WebLinkAbout2216 a 4592'71 1919 SEP 17 PN ~ 37 ;TROGER POITRA~A. CLERK CIRCUIT COURT RECORD Vf RIFIF.D_._ eluD haw the option to raosive cud apply the eaa» oa aooount of the iodebtedass second haeaby or to peraek said Mortgagor to receive and us it a aqy part thereof tar other purpose without theesby waiving ee impafeing any equity. tbn a right under or by virtw of fhb mottgegeC and ie the went aid Martgager shall tbt say Hans fail to keep tM said premiss ao insured, a hit to ds8vrr promptly any of aaW polkiss of hrwtraea to aid Mortgagee. or hil promptbr to pay tuib? any premium thseefor, a is auy respect fail to perkre~, dbehargw ~ e:cute. ethet. compMte, oompty with sad abide by this ooaaoaat. or any put ber+eot. aid Mortgagee atq piss and p.y for such insurance or aqy part cheroot without waiving a aMecting say option, lien. equity er rigi+t Hader a b, virtue of this mortsys, and the full amount of each and awry ouch payment shall bs immediately des and payabM and s1uU bear inteeest from the date thereof until paid at tM rats of ten per oentnm per annum and topthsr with such interest shall be eecnrd by tbs lien o[ this mortgage. t 4. To permit. commit a coffer ao wale, impavment or deterioration of said property a any part thereof. 6. To pay all and singubr the costa. charge and espaoees. incbding reaeoaabis lawyar'e fee sad nest of abetracta of title, incurred ar paid at• any time by said Martgags beaus angler in tbs event of tM hihtrs an the part of tM said Mortgagor to duly. promptly asd tulb? perform. diseLargs, e:ealts, ettiet. oompiste, oomph` with sad abide by each and wary the stipulations. 4reemeats. oonditbw and oovenanta of said promisee, note` sad this mortgage. any or either. and said noels. charges sad s:pensaa. each and every. shall bs immediatebr des and payable. whether or not there bs notios, demand. attempt W oo0eet a coif pending; eyed the tuD amount of each sad awry each payment shall bear interest from the date thereof until pakl at the rate of tea per oeatum par annum: and all said caste. charges sad s:peness ao 6reurred a paid, topther witl? each interest. shall bs natured by the lien of thin mortgage. 6. That la) in tM event of any 6reaeh of this mortgage or default on the part of the Moetpgar. or Ibl is the weal any of said snau of money herein estereed to bs not promptly and tn>br paid within tea days asst aftex the cams severally become due and payable, without demand a notice. ar k) i4 tM event each and eveq tM atipulatioas. agreements, oonditiooe and cowoants of Bald promiseoey sots and this mortgage, a~ or either. are sot dub`. promptly and fully performed. discharged. e:sented. etfeeted. completed. oemptbd with and abided by. t6ea, io either or any arch event, eM aid aggregate sum mentioned in aid pr+oedaaory note then remaining unpaid. wkL iatee+set accrued. and all moneys eacvnd hereby. shall beooms des and payable forthwith. or theraker. at tM option of said Mortgagee, as fully and completely as if all of the said sums of noa~sy were originally stipulatd to bs paid on such day. anything io acid promissory Hots, and a h this mortg~gs to tM coaLrary notwkhetandiaF and thereupon ar tharsfter at the option of said Mortgages. witbont Helios or demand, suit at law or m equky. theretofore, or thereafter begun, cosy be peoeseuted u if all moasye astvnd be»by had matnnd prior to its institution. ` 7. That in the event chat at the beginning of or at any time paadiog any epic upon fhb mortgage, or to tonebse it. or to reform it. angler to enioros payment of any claims hereoader, cold Mortgages shall apply to the overt having jurisdiction thereof for the appointment of a Receiver. snob court shall forthwith appoint • Rsosivet d said mortgaged property aII and singular. including all sad singular the yenta income profits. beers sad rewaresa tram ~ whatever corers derived. each sad awry of which. it being ezpeeesly rmderetood is hereby mortgaged v R ~ epscifially set forth and dscn'bd is the granting and habeadum elaueee hereof. sad such Reoeiwr elea>t haw all the breed and effective functions and powers in anyww eatrueted by • court to a Reoeiwr. and aneL appointment shall bs made by each court as an admitted equity and a matter of abenlote right to acid Mortgages, and without reference to the adequacy or inadequacy of the value of the property mortgaged or to tM solvency or ineoDveuey of said Mortgagor andlor of the defendants. and that such rents. profits. income, locus and rwvwsus shalt bs applied by ouch Receiver aooording to the lain angler equity of said Mae~tgages and the practice of such court. 8. It is understood sad ag~esd that this mortgage b given to secure. in addition to the note a obiigstioa above described any additbnal bona or fntun advances made wkhin twe~r yarn from date hereof b, the moetppa to said mortgagors ar any suooseor is title of eiaid mortgagor of the property hereby oonwysd; presided that the toW unpaid balance of the indebtedrrss secured hereby at any ens time shall not a:teed the masimnm pefoetpai amount of SEVEN THOUSAP~D FOUR HUNDRED THIRTY SIX (57436.00)---------------•aolvrs li 1. plus interest thereon and any dbbursmana made by tbs matpgs for the pyment of fates, imies or i~anoe on the property enenmbend hereby. with intenet an auh dbbrusementa. IN WITNESS WHEREOF, the said Matgegor bas s:ecuted fhb mortgap under aed on the day sad yes` Leeein ~ above written. sad delivered iA ~r teeooe of ~"~~f1 a 13 (SEAL) ' ~ ait.tt~c-.~ ~'t~-~.a.i i8EAL1 rc ne err s STATE OF FLOR A s CO[JNTY OF ST. LUCIE ms appa,,d Dean R. liorri s and Marcene F. Norris , his wife of 298 Cimarron Circle Palm Sa Fl. 32905 W a» well lmown and lmawn t0 IDs t0 bs tl» iadividual~. dsat:ibd ?o emd who azeeugdIIG~~M~~~~~i and aclmowledgad bstoer a» that ~.hs3l. essentsd NM same .for tlN pr*poas tlsleia evipr ;rx~ WI'PNE88 my Land sad otfieW seal chi. 30th of AU9US~+~ w : ':s:, t •.u. . . trloMe>"; . ti. ~~~~3~6 ~l~E2216 ae.sisre,t~,sz • March e. 1982