HomeMy WebLinkAbout0558 `lVa7a7V~
1980 ,lUN 1 Z 1111 ~ 10
Ftl,EO tMC ~`ti['TY
f4A.
Sl LUCI CO 5
~oc>:~ p 1'f RA T
Cl.Eltlt CIRCUIT C0~
aWl haw tM opsba to nesiw sad appy tM ams on aeoouat of tM iadabtadnsa saeu»d baraby a to parmil.
aid Mortgagor to racdw and ua it a say part thereat for other purposes without thetaby waivlos or lmpaMag
any equity. lien or right under a by virtw of this mortgagee and in LM swat said Yarigagoe ahaD for any reason
ta7 W hasp the aid promises so inaurad. a bit b deliver promptly any of aid policies d bwtraaos to acid
Yertpeaa~ or bit promptly to par fully any p~aseium tbeeater. a is say ~t tail to perMem, dkeliargs,
aswte~ etfiet, eosnplsta. oomPlY with and abide by thin eowaaat. a say part Iweo/. acid Mortgages may plan and
pay such inwuancs or any part thereof without waiving a aMeeting say option, lira. aquitY a right Hadar a by
virtw of this aartgage, and tM full amount of aaeh sad aven? such pyment shdi b immadiatey des and payabk
and shall bear iaterest from tM data thereof unW paid at tM rata of tan per osntum par aannm and together wKh
such interest shop bs ssevrad by tba Wes of thin mortgage.
t. To permit. commit a auftar ao waste, impairment a datarioratioa of said property or say part thereof.
S. To p.y all sad singubr the emote. charges sad e:panaes. iacludina nawnabis lawysr'e teas and cost of
abstracts of tick. incurred a paid at• say time by said Yatgagas beanw and/or in the avant of tea faihua os the
part of the aid Yortsasor to duly. promptly and tnlb perform. discharge, azeeuu, atteel. oomplsta. wtth
and abide by saes and awry tM atipnlatioas. agrwmsata, oonditbns and oovenaaa of said prordaaory notes and
this mortEsgs. say or itber. sad said ewta. charges and azpsasa. seKh -and avwy, shall ba immadiatsiy des and
payabk. wMther or not there be ootioa demand. attempt to eoilact a suit peadinge sad tM toll among of oath
sad every such payment shall bear interest ham tM data thanot until paid at the nts of ten par oantum per
enoum: sad all said costa. chargaa and a:paasas eb tneurred or paid, together with such interest. shall bs asennd by
'the lien of this mortgage.
6. That lal in tM swat of say breseb of this mortgage or dadauk on the part of tba Yortgigor. a (bl ie the
• event say of said mesa of mossy 6eeain raterrrd to be not promptly and [nDy paid within feu days asst atttsr the
soma severally bseoma due sad payable without demand a notka. ar Icl be tM avant each and awry tM atipuktioos.
agresruate. oosditioss and oavesana of said promiaory 'sob sad this moetpge. any or either. era not daly.
promptly and fyUy pwfoemad. diaehatged, assented. athetad. eompktad. complied with sad abided by. thee. ie efthsr
ar anY ones areal. the said aggragata sum mantbsad in said promiesory oats than naeaining unpaid. wks interest
accrued. and all moseys assured haraby. aha0 baeoma des and payabk forthwith. or thweahar. at the option of said
Mortgages. u tn8y end oompktaly as if all of the aid soma of Homey wan origiaady stipulated to ba paid oa
such day. scything is said promissory rota. and a in this moetgage to the ooatraq notwithstanding: ~ and
tlMreupos a tMraftar at the optbn of said Mortgages. without soda or demand. snit at law a le equity.
theretofore, ar tserwRar ~ may bs proaeeutad as ii all maraye aeKVred bsrabY had matutad prbr to its
mstitutios.
Z_ That in tea west that at lhs begisueing of or at any tons pssding any snit upon this mortgage. a to !creches
it, or to storm it. aadlor to esfaeee payment of any calms bseaundsr. aid Moetgaga shall apply to t!r court
having jurisdiction tbrreot for the appointmat of a Raoeiver, ants ooart shall forthwith appoint • Rsosivsr of said
matgagad property an and singular. ineh~ all and singular the rants income profits. bnra and nwnusa tram
whatwer course derived, each sad wary of which. it being sapreesly understood b hereby mortgapd w ii
apsodially set forth and dseeribad is the graatbs aed habnadum ekuses hereof, and ones Raoaiver shall haw
a0 td broad cud etbetivs innetiosa and powers is anywise estruatad by a court w a Receiver. and sues sppointtusnt
shall b made by'weh court u au admitted equity and • matter of absoh~te right to said Yortgagae. sad without
reference to tM adequacy or wadagwcy of the vah~e of the property mortgaged or to the aolvw~ey or insolvw~cy
of said Mortgagor and/or of the dafeadants. end that such rents. peofita. income. lamas and rawnna shall bs applied
by such Rsaiver according to the kin arWlor equity of said Mortgages and tM praetka of each court.
8. it is understood and agreed that thin mortgage b given to seeun, in addition to tM mts ar obligation
above dssaibad any additbnal bane or future adwnoss made within twsoty yarn from data h.reot by the moetpgea
to said m~ortgagore ar any mcceseor is title of said matgagora of tss property beraby conveyed; pevidad that the
total unpaid baknoe o[ the indebtedness secured hereby at any osa lima shall not a:asd the masimum principal
,nraunc ~ EIGH THOUS D NTY ($802 .00~ -~0u`r'
~ a 1, plus interest t~ many~iasemadta ~ by mortgages tar the payment of teas. laviea.ar inw~raooa
os ebe property aswmbared hereby. with interest oa meh disburssmants.
g
IN WITNESS WHEREOF. the aid Mortgagor has e:seutad fhb mortgage under sal on the day and year heeeia
~ 6ret above writtes.
~ Sigosd. sealed sad delivered in tbs preesaos ot:
BEAU
er T an,
. lSEALI
Mar ~e T an
STATE OF FLORIDA sa.
OOUNTY OF 3f. LUCIE
eetan paraosaly appand Robert W. Gillen, Jr. and Marjorie C. Gil~iitl,
~~1., . ::rcr
g -,C •Cftta
his wife of 1050 Monte o Bay Dr., Merritt Island, Fl. 329 _
to ms we0 known sad kzrvwn W ms to bs tke indh?WwI..S dssriibed js and was a:aeerted
asd aeimowkdged bdon sus that t..hs9/ aeiaeotad the lama tar the pet:posa tlrsrein azgprre~,~F : ~ c ,
12th Octob~r~-' ~ -~79
WITNB~ my rand and otlldal anal tMa dq of
- f , e
1 -
4 i t`
d00 PdGf t~./eJC) Carole . ki l es
~s
• March 8, 1982