HomeMy WebLinkAbout1243 462365
1979 OCT ! ? A! 17
FILEO AND Nt6Ur.~~c U
ST.lt1C1E COUNTY.Fi A.
ROGER POITRAS
Ct.ERK clrcU~T c::uag~
shall haw the option to receive and apply chs same on account of the indsbtedosaa aaeurd hare~by a b permit
acid Mortgagor to recdw and ass it or any pars thaesot for other purpoaas without thereby waiving or impairing
any equity. Usn or right under or by virtue of this mortgage: and in the event acid Matgsgor ahaU tar any rvaaon
fall to keep tM said premises so ;neared. or tall to dsUwr promptly any of aaW poiieisa of iawuanoa to acid
Mortgages, or tai! PromPUY ~ Pay wUY any pesmium therefor. or in any rsapeet tail to pertorra. diacharp,
s:~vta effect, compMte, comply with and abide by thin eowaant, or any Part heroot. acid Moct~a~aa mq plena and
pay for web insunnee or any part thereof without waiving a aNecting any optan, Uen, equity or right under ar by
virtw o! this mortgage, and the full amount of each and awry such payment shall be immsdiatdy des and payabis
and shall bear interest from tM dace thereof unW paid at the nce of ten per canton par annum sad togatbar with
such interest shall bs secured by tM lien of this mortgage.
4. To permit. commit o< softer no waste, impairment or dsteriontaa of said Property or any part thereof.
S. To pay all and singular the costa, ehargee and s:pauss, including reasorubk lawyers rasa and coat of
abatncta of title, incurred or paid at• any time by said Mortgages because andlor in the event o! tM taUnre on the
part of the acid Mortgagor to duly. Promptly and fully grform, dLehargs. a:acute. effect. oomplab• comply with
and abide by each and every the aUpulationa. agraamsnta. aonditioru and covenants of said promiaaory note, and
this mortgage. any or either. and said costs, charges and espsnaes, each and every. shall bs immsdiably due and
payabk. whether or not then be notice. demand. attempt to collect or suit pending; and the full amount of each
and every such payment shall bear itterest from tM date thereof until pair; at the me of ten par canton per
annum: and all said costa. ehsrga and e:penssa so ineurrd or paid. togatMr with such interest. shall bs aaeufed by
the lien of this mortgage.
6. Tlut tat in tM event of any breech of this mortgap a default oo the part of the Mortgagor. a (bl is the
• event any of said sums of money harem referred to De not promptly and tally paid within ten days nett after the
same severally bseoaas due and payable, without demand or notice, ar Icl m the event each and ovary tM stipniatiooa,
agreemanta. oonditioes and oovanants of said promissory note and thin mortgage, any or either. are not dnbr,
Promptly and fully P~a~• ~~+'g'd• s:scuted. effected, o~plstsd, compiled with and abided by, than, in either
or any such event. the said aggregate sum mentioned in acid promiaaory note then remaining unpaid, with iatwrsat
accrued. and all moneys secured hereby. shall bsrnms des and payable forthwith. or thereafter, at tM option at acid
Mortgages. as fully and compkbly u if all of tM acid sums of nomsy were originally stipulated b bs paid oa
ouch day. anything m acid promissory note. and oia is thL matgg. w the omtrary notes and
thereupon or thereafter at the option of said Mortgages. without antics a demand, suit at law or in equity.
theretotors, or thereafter begun. may bs proe~cntad as it all moneys sseueed 6aeeby had matnnd prior to its
institution.
T. That in the event that at the beginning o[ or at any time pending any suit upon this mortgage, a to Maebss
it. or to reform it, and/or to enforce payment of any calms harw~nder. said Mortgages ahaU apply to the court
having jurisdiction thereof for the appointment of a Reoaiver, ouch court shall forthwith appoint a Receiver of said
mortgaged property all and singular. including all and singular the rang income profits, foveae and rtvenwa L+om
whatever source derived. each and every of which, i< being e=preasly understood is hereby mattpgad at if
spseificaUy eat forth and deern'bed m the granting and 6abandnm cLussa hereof. and anch Receiver ahaIl haw
all the broad and effective functions and powen in anywias entrusted by • court to a Receiver, and snob appointment
~ shall bs made b such court as an admitted
€ y equity and a master of abeoh,te right to said Mortgagee, and without
reference to the adegwey or inadsgwcy of the value of the property mortgaged or to the solvency or inaolvancy
~ of acid Mortpgor and/or of the defendants. and that such, rents, profits, income, roues and revenuaa shall bs applied
by such Receiver according to the loin and/or equity of said Mortgages and the pnttice of ouch aonrt.
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8. It is understood and agreed that this mortgage is given to aa~vre. in addition to tM nob a obligation
oboes described any additbaal loans a futon advanoaa made within twenty yean [rom dab hereof by td moetpgea
i to said mortgagors ar any sucosasor in ties of said mortgagors of the proPsety hereby conveyed; P'o'vldad that the
total unpaid ~eur~ heorbx .ey~,~i4py one time shall not a:teed the mazImum pefneipal
amount of ~~roTHo~Aii~, t X4,000 w) Dollars
~ li 1. phu mteee.t thereon and any diabureemena made by the mortgages for the payment of ta:se, Isviaa or maaranoa
on the property encumbsrsd hereby. with interest on ouch disburasmente.
IN WITNESS WHEREOF, the said Mort has a:seated this
l gagor mortgage under seal oo the day sad year herein
first above written.
Signed. sealed and delivered in the presence ot:
~
David '~I. Gray, Jr. tsEAL1
ISEALI
STATE OF FLORIDA w
COUNTY OF ST. LUCIE
Before ma psrsonally.ppsard David 'rl. Gray, Jr. of 551 E. Oakhurst St. A1tarlonte Springs,
d
j Florida 32101
to ms wall known and known b ms to bs the iadfvidwl... daeQibad fin and wbo aaaeotad tba foregoing iaat<vmaot,
and aeknowiadged baton ms that ....ba,... caseated the acme roc tM pnrpowa thania e:preaasd.
WITNE93 my hand and otticL! anal thL .~6 ! 'd4.~~ AU USt Ill
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Or~K RR p (~±i[ `
`'~l.lx Canty sad 8tata Atoeweid.
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