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Home My WebLink About1253 462369 I9T9 OCT 12 Ale ~ 18 s ROGER PUO TR• S A. CLERK ClRCU1T COURT RECORD VERIf !i _ _ shall have the option to receive and apply the same on account of the indebtedness secured hereby or to permit saki Mortgagor to receive and use it or any part thereof for other purpoeee without thereby waiving a impairing any equity, lien or right under or by virtue of this mortgage: and in the event said Mortgagor shall for any reason tail to keep the said promises so insured, or tail to deliver promptly any of said policies of insurartos to said - Mortgages, or fail promptly to pay fully any premium therofor, or in any respect fail to perform, discharge. e:cute, effect, complete, comply with end sbide by this covenant, or am• part hereof, said Mortgagee may plane and pay for such insurance or any pert thereof without waiving or affecting any option, lien, equity or right under ~ by virtue of this mortgage, and the full amount of each and every such payment shall be immedtately due and payable and shall bear interest from the date thereof until paid at the rate of ten per centum per annum and together with such interest shall be secured by the lien of this mortgage. - 4. To permit, commit or suffer no waste, impairment or deterioration of said property or any part thereof. 5. 'I'o pay sU and singular the costs, charges and a:pensss, including reasonable lewyer'a fees and cost of sbstracts of title, incurred or paid at• any time by said Mortgagee because and/or in the event of the teihue on the part of the said Mortgagor to duly, promptly and tally perform. discharge. a:acute, effect, complete, comply with and abide by each and every the etiptrlations, agreements, rnnditions end covenants of said promissory note. and this mortgage. any or either, and said costs, charges end expenses, each end every, shall be immediately due and paysble, whether or not there be notice, demand, attempt to collect or suit pending: and the full amount of each and every such payment shall bear interact from the date thereof until paid at the rste of ten per oentum per annum: and all said costs, charges and a:pensea so incurred or paid, together with such interest, shall be secured by the lien of this mortgage. - - 6. That lal in the event of any breach of this mortgage or default on the part of the Mortgagor, or Ib1 in the event any of said sums of money herein referred to be not promptly and fully paid within ten days Wert after the same severally become due and payable, without demand or notice, or fcl in the avant each and every the stipulations, agreements. conditions and rnvenants of said promissory note and this mortgage. any or either. are not duly. promptly and fully performed, disclurged, executed, eNected, completed, complied with and abided by, that, in either or any such event, the said aggregate sum mentioned in acid promissory note then renuining unpaid, with interest accrued, and all moneys secured hereby, shall become due and payable forthwith. or theroafter, at the option of said Mortgagee, as fully and completely as if all of the acid sums of Homey were originally stipulated to be paid on such day. anything in acid promissory note. and or in this mortgage to the contrary notwithstanding, and thereupon or thereafter at the option of said Mortgagee, without notice or demand, suit at law or in equity, theretofore. or thereafter begun, may be prosecuted as if all moneys secured hereby had matured prior to its institution. 7. That in the event that at the beginning of or at any time pending any suit upon this mortgage, or to forecbse it, or to rotorm it, and/or to enforce payment of any claims hereunder, said Mortgagee ehaU apply to the court loving jurisdictan thereof for the sppointment of • Receiver: such court shell fortf;with appoint a Receiver of said mortgaged property all and singular, imtuding all and singular the re:tta in:.~:..F profits, issues and revenues from whatever source derived, each and every of which, it being ezpresaly understood is hereby nwrtgaged ss if specifically set forth and described in the granting and habendum clatr;.4s hereof, and ouch Receiver shall have all the broad end effective functions and powers in anywise entrusted by a court to a Receiver, and such sppointment ~ shall be made by ouch court ss en admitted equity and a matter of absolute riRt~t to said Mortgagee, and without reference to the adequacy or inadequacy of the value of the property mortgaged or to the solvency or insolvency of said Mortgagor and/or of the defendants, and that such rents, profits, income, issues and revenues shall be applied by such Receiver according to the leis and/or equity of said Mortgagee and the practice of such court. 8. It is understood and agreed that this mortgage is given to secure, in addition to the note a obligation ~ above described any additional loans or future advances made within twenty years from date hereof by the mortgagee to said mortgagors or any successor in title of said mortgagors of the property hereby conveyed: provided that the total unpaid balance of the indebtedness secured heroby at any one time shall not exceed the ata~cimum principal amount of SIX THOUSAND,f6IGHT HUNDRE~ SIXTY NINE (6869.00)--------------~oUar" li 1. plus interest thereon and any dte rsements made y the mortgagee for the payment of tares, levies or insurance on the property encumbered hereby, with interest on such disbursements. f IN WITNESS WHEREOF, the said Mortgagor has executed this mortgage under Beal on the day and year herein first above written. _ Signed, seated and delivered in the presence of: Rober Di i peon ' th ' ISEAL? a~~ ISEALI t era a~n i STATE OF FLORIDA COUNTY OF ST. LUCIE Before me personauy .ppeared Robert Dickinson Smith and Etheral Cain Smith, his wife of Rt. 1, Box 153-L, Mobile, Ala. 36605 • ' ' ~ i Tr- t"T'~-T_ ~ to me well known and known to ma to be the individuals desaibed in and who a:eeu~'~dngbipg and acknowledged before me that they. a:etvted the same for the purposes therein a y - ~,~c' ~r~~•.• WITNESS my hand and otfkial Beal this I St day of June ~ : / :'ice I~`- ' ' " ~Q ~ Notary t~6blic•~t• 9~~`` [ the County'apd.SVEa~,d. ~ d;ir±K ,,10 PACE ~~45 My Caro e~ :~~'i es - March 8, 1982