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HomeMy WebLinkAbout1258 4623'71 l9T9 OCT 12 A~+ 3' 18 FIlEO ANC FtiCUhIiE~ S RQGER POITRAS~ CLERK Cf~ri1~T ~OL"'.T shad haw tM option to receive and apply the same on account of tM indebtednsaa secured herby a to permit said Mortgagor to receive gad ues it a say part therot tar other purposes without thereby waiving a impakiag gay equity. lien a right under a by virtw of chic mortgage; gad is tM swat said Mortgage shall for any reason tail to keep tlw said promises so insured. or tail to deUver promptly any of said polidss of laaurartos to teaid Mortgagee, or fall promptly to p.y fully any prminm therefor. or io any reapeet tail to prtorm, . e:eute, effect. complete, rnmply with gad abide by this cowaaat, or any part hereof. said Mortgagee may pkta gad p.y tar such insunnes or any part thereof without waiving a affecting anY option, lien. equity a right Hader or by virtw of this Mortgage, and the full amount of each said awry such payatatt shall be immsdbtely dw and payable gad shall bear interest from tM date thereof until paW at tM rte of ten per owttum per annum gad tagetbar with such interest shall be eseurd by the lien of fhb mortgage. To permit. commit or softer no wash. impairment at dst~eriontioa of said property or gay part thereof. a: To pay all and singular the costs. charges and ezpsnees, including nasonabk lewyer's fees gad oat of abstracts of tick, incurred a paid at. gay tiros by said Mortpses beauss endlor in tbs event of the faihtre on the part of the said Mortgagor to duly. promptly gad fully perform, discharge, ezeeub, etbet, oompista. oompb? with gad abide by each gad awry tM stipuletbos. agrsemeate, oouditioos and covenants of said promssory note, gad this mortgage. gay or either. and said costs. dtarges and e:peoses, each gad awry, shall be imtnsdiately dw and payable. whether or not Were be notice, demand. attempt to collect or suit pending, gad tM cull atootmt of asKh and every such payment shall bear interest tram tM date thereof until paid at the me of ten per oaetum per annum: and all said oats, charges sad ezgnea so ittettrred or paid, together with each iatsrst, shall be secured by the lien of this mortgage. 6. That lal in the event of any breach of chic mortgage a default on the part of tbs Mortgagor. or ibl !n the - evsat any of said sums of mossy herein referred to be not promptly gad tttdy paid wiWia feu days nett agar the same severally become dw and payable. without demand a notice, or lol in the swat each and every the stipnlatioes. agreerasnta. eonditioas and oovsnaab of said promissory note gad this mortgage, any a either. errs not dtY,lr. promptly gad fully grformsd, discharged, e:eeuted. effected, completed. complied with attd abided by. then. la either or gay such event, the said aggregate sum mentioned in said promissory Hots tMa remaining repaid, wlW iabeest accrued. and all moneys securd hereby, shall become dw gad payable farthwiW, or thereafter. at the option of said Mortgages, as toffy and ooasplstely as it all of tM said sums of Homey were originally stipulated to be paid net ouch day, anyWing in said promissory sou. and or is fhb mortgage w the ooatrary notwithstanding: and thereupon or tberatter at the option of said Mortgagee, without entice or damaad, suit at law a in equity. theretoton, or tberesfter begun. may bs praeecated as U all moneys setund herby bad matured prior to ice inetitutiou. T. That in the event that at tbs beginning of or at any time pending any exit upon this mortgage„ or to toredose it. or to reform it. and/or to enforce payment of any cWtae bw~ttader. said Mortgages shall apply to the court having jttrisdktioa tbweof for the appoiatatent of • Receiver, vetch Deaf shall forWwith appoint a Aeosivm of said mortgaged property all and singular. iachtding all and singuler the no4 income profits. issues and rrvenuss from wlutewr somas derived. eeeh and awry of whirs, it being ssprsedy understood is herby mortgaged u ii specifically set forW attd dseaibed in the granting attd habsndum elatses hereof. and eneb Receiver ehaII haw ~ ad tM Drwd and effective functions and powers is anyww entrusted by a court to a Reoeivar, and encb appdatment ~ shall bs made by such court ere an admitted equity and a matter of absolute right to said Mortgagee, end without ~ reference to the adequacy or inadegwcy of the valve of the property mortgaged or to the solvency a iasoiwocy t of said Mortgagor andlor of the defendants, and that such rent, profits. iaoome, issues gad rveattes shad be applied by etch Receiver according to the leis and/or equity of said Mortgages and the pnetiee of sash oomt. 8. It is understood and agreed that this mortgap ie given to severe, in addition to t~ Dote a oWigatioo above dseaibed any additbnal bans a fitture advances made wlWin twenty years from date besot by td mortgagee ~ w said mortgagors or any suawesor. is title of said mortgagor of the propwty hereby conveyed: provided that the total unpaid balance of the indebtedness secured hereby at any one time shad not ezosed the masimum pdodpal amount of Five thousand nine hundred seventy two and ~~0/100 Doaare s Ig 1. plw interest thereon and any disbursements made by the mortgagee Mt the payment of ta:se, levies or iosuraaa at the property encumbered herby. wiW iatarest on each dubursemeate. IN WITNE93 WHEREOF. the said Martgsgar hu ezecuted fhb mortgage under seal on the day gad year herein first above written. .F ~ 3igg~d, sealed and d ia_the pressitce ot: ~ ~ 19EAL1 L- D re ~e 19EAI.1 - STATE of FLORIDA Barbara Bal 1 i eft - ss. COUNTY OF 9T. LUCIE K s.tors m. p~b~, appear Jarrell H. Balliett and Barbara Balliett, his wife of 15805 S.W. 103rd P1., P':iami, Fla. 33157 y to tae wed known and ktwwa to sae to be We iadividtialS, daeQibed b aced who a~eeatsd the tangoing kestrnmeat. gad aekaowledged betor ms that .fhe.~. sascoted the saa»,tar tee pe~~ew Wereia eapraaaed. 2~rd. . - ~ Se telnber 79 WiTMEi3S my head and otikLl seal fhb dy? ~ p 1 Notary re ie gad for te. cadaty .era fijtate Afar...w. a Carolye Levin B::lJR ~.~r ~~•J i~y oomvissN~ dry~'~ . S'. a!P of Fipri~• al 1 a-...