HomeMy WebLinkAbout0543 489895
~~~p J~~ 17 Ate, 3~ 08
~Reo ~
t~
R CARD YFRtft~t•_~__~-
ehaU haw the option to eeaiw and apply the sans on aoaount of tM imdabbdsaaa aeennd her+eDy a to prink
said Martaakor to naive and ua~ it or any part tbaeeot for other purpoeea without thereby wdvlos ar ianpaideR
asy equity. Uea a cigi~t under a by vistw of this mart~agsc sad m tM etisnt acid Yortga~or ahaD for sup rwaoa
taD to keep tba acid premises b imwnd, a fell b dsNvst peomptly any of aeJd polieNa a< teNeaooa to aedd
Mortsagasr or tail promptly to Pay fug? any preaeiuea tUeretor. a ie any nepaet tae b prrtoreTM diwbaeRa.
acute. ettect. oomplsb. comply with and abide by tbL covenast. a any part hsraol. acid Matsajsa mq plea and
pay to such inaunma a any part thenai without waivisR ar afhetimg any option. rise. agaihr or ri~bt reader ar by
virtw of this awrtga~a. and the IWI amount of aeKh sad awry wKh paymeat shaD bs hmmadiatsly dw cad payable
and .hall Dear intaewt lrom tM data thereof unW paW at the refs of tae par astnm per anm~m and to/etMe wkb
sneh inter... shall be secured Dy the lien of this matgya.
To permit. eammit a smftar to wash, impairment a detariontioa of said property ar any pact thaeaot.
b. To pay all asd singular the costa. chargM and eapamw. melmdinR rwsosaDle lawyer's tees and coat of
abstnets of tills. ineurerd a paid a4 asy lima by acid Moetsasae henna. andMr m the .vest of the tafinrs,m tbs
part of tM acid Mortgagor b duly, proaptly sad tit9y perform. diaeharya, esawb. atbet. aompMb, oomph w~'
and abide by each grid awry the stipulatiooe. apaamaata. oosditiana and covsoamta of .aid pomiseory aob~ .sad
this nartgsae..my or either, and said costa. charges and s=pamsss. aeKh and awry, aha11 b immediatab? dw and
payabM, whether or not there ba notice. demand, attsempt b oolMet or suit pesdimg; and the tuD annual at each
and every each payment .hall bear mtereet tram the date thereof until paid at the nb of tam par astum per
annum: and aU said costs. charges and ezpseaa so incurred ar paid, toigstMr with such interest, elWl be second by
the lieu of this mortgasa.
!s. That ial m cbe west of .ny breach of this mortsaga a detank os the part of the litatpi~ot. a Ibl m the
• event any of said cams of money herein referred to ba sot promptly sad tnib? paid wkhis tea days matt attar the
same awerally baooese dw and payabM, wkhont damasd a sotfae. of lcl m the avast each and evsq tb atipdatiooa.
a~reefssnca, eonditiose and ooveeanq of aaW promisaory? sob and thin m~oetsagar any or either. an not dn[1?.
promptly asd tuUy performed. discharged, esaeuted. etteetad, oompletad. complied with aed abWsd by. tbs. is either
or .my such event, tM said agpegate anm msntiond in said promissory sofa tDss nmaminF anpaid. wkh istarest
accrued, and ail moneys second hereby. shall become dw and payable tortbwiW, or thsesaher. at the option d acid
Mortgagee. as tnlb? and caopfstaiy u if all of the said sums of aomey waro origmaRy atipnlated to ba paid oa
such day. asythisg in acid promissory nova. asd a m this mortpga to the oostrary aotwitbatasdie~ and
thareupos a thsrwttae at the option of said 1[oetsakea. wkhomt entice or demand. wait at law ar m poky.
tbenetofa+s, or thenatter begnm, may be proaeeatad u if aII moneys esenrrd herrby had matured peiot to ks
imatiwtioa.
T. That m the west that al the begimsh~g o! or at any lima pamdm~ any .nit epos this mortpaka, a to tasrJoea
it, a to retain it, and/or b entora payment of any clause herenader, acid Maetgagsa aha8 apply to tba court
haulms )urisdktfon thereof iar chs appointment o! a Receiver, sneh court eh.D fsethwkb appoint a Receiver d said
mortgaged testy ~ and •h?8++~. s d1 and dngnlar the not. ineame prose, leave. and e...nu.. from
whatwar eonroe derived, each smd every of which. k bsisR eapnaaly undw~stood i, bseabT moetdapd as . ii
spedsnDy set lath and deecnbed is the grantios and babesdum .twee. hereof. and .acb Receiver abaH haw
all the broad and etteetiw tunetiosa asd powers im anywire antruatad by a court to a Receiver. and each appoistaoent
shat! be made by wch court u an admitted equity and a matter of absolute right to said MortgaRw, sad without
reference to tM adpuaey or inadpwey of the vahie of tM property mortgaged or to tbs advsegr or. insolvency
of said Mortgagor amdlor of the defssdants, and that each rent.. prosts, inners. iswaea and rwenuas ahaD ba applied
by each Receiver according to the lain amdJot equity of said Mortgages asd the praetia of such aonrt.
~ 8. it is understood and agreed that this mortsaga is given to .score, m addition to tbo nob ar obligation
~ show described a~? additbmal loam. or tntnn advasew meads wkhia twenty year from dale hereof bF the moetsaaae .
a to ofd mortgagor. a' any euooenot in tills Of said mortgagors d tba praperlp hereby omveyad; provided that tits
total unpaid betas.. of the indebtedness ea~vrsd hereby; at any aN limp tl~ a:need the maven pindpai
~ amwnc of Six thousand three hundred sixty-one an o0 1~ >~pan
li ti plea interest tMreoo and any disburaemenb made by tbs martgagse for td psymant of ta:sa. levies a m.oraaoa
on the property eaeumbrsd herby, with interest on sneb disbtussaaants.
IN WITNE93 WHEASOF, the said Mortgagor bu .:stinted this mortpp render seal om the day sad year hsrsis
~ fnat above written.
i Signed. eaaisd and defivend im tbs preeae~ee of: _
~ .Q.i iSSAL)
~ W. Co i~~ _ ~-s-sx~isl~~w
~ 31
ATE OF FLORIDA Marian A. Coon
a. ~
COUNTY OF 3T. LUCII3 .
.3 ~ ~f~'./
i i n A. Coon his wife, of 36.1(,il~#t~.= `yJ o
I3etae me penomally appeared W. Gene Coon and dr d R , r ~
Club Or. A t. 506, N. Palm Beach, Fla. 33408 ~ ~Br
to m. well lrnown sad town b mfia to ba w iodlviw6~. dsentbd b aed who a>Daeatad w wsgoiss " - ~ . ~j
i and ae~oOwladpd before ma that ...SOa~.y caseated tba cams tae the pOrpO/M tbelsia asprMaad. l~ N.~~~ ~•b~ ~
f
~ ~ h.ad and otllei.l a~ cbf. 20th ~ October ; ~
Notary d aed for
w Caanety sad slat. Afsnaaid.
. b~~ p~ ~3 Y7 ~N~`bl"rc. State o1 Flo~a~ 31 ta•~
~ . ;
E Tm~ss+oa fxpazs Ayi:l .~3• i•~
M~_ , _