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HomeMy WebLinkAbout0372_~~ ~ 430 polity or polities said MORTGAGEE shall haw tM option to reoaiw and apply tree sarrw un account of tht indebtvlnass secured hereby w to permit said MORTGAWRS fo reaiw and use it a any part tieereef for otMr pwpaes without thereby watvirt= a Im~eirin~ any equity. lien a d=ht uredar a by vlrtw of fhb Mort~ye; and in Mee rwwt Mb MORTC'J1CA slwll fo- any reason foil to keep the said prwrwses so insured. a tail to daliwr promptly any of sno poiiciw vi ir..iiinCA is s:i :wAT: ~.:.`~=. ~ f:!! ;,: fly t^ L'3Y ~~ity ..w '+.r.nk..~ rhr.~efo., a in any respect fait 1o perfant-, disi:l+arp, exewte, effect. eotnpMh. comply with and abide by tMs covenant, a any part ~+ereof, said MORT• GIIGEE may pbce and pry for such kawaresa or pert Hereof without vwivir~ or affectir-~ any .lien. equity, o- ritht odor a by virtw of this Mo `t~ye. and the full amarK of each and emery such payrrwnt si+sll ba Mrr+nediaMbwlw~d+ 1 t~nstN sF~sll bit Its cwedinterost from the date t eof unfit paid at the me of six and sixtentFr par cent per anrwm and topther lien of this niort~ap. 4. To permit, commit or suffer rw waste, Itrlpalrrrtent or dataloratian of said property err any part tltareof. 5. It is hereby spetifEtally agreed that any sum or surer which may be loaned o~ advanced by the Mortgape to the Mortp~or at any •ima after lira retordin~ of this indcrtturo, topthr with interest thereon at file raM agreed upon at the time of sut#e loan a advance. shall be equally secured ,with and haw the same prbrity as tM arl~Meal indebtedrwss, and be subject to oil the tomes srd provisions of this mortflaQa: Provided, that the surepte anealnt of prindpel aafstandMy at any tkne eMll not exged an amount egwl to one hixdred and fifty per Dent (1S0%) of the principal aman+t arl~inaly sewed hereby. 6. To pay all and sirr{ular the costs, d+srps and experws, Mckdin{ a reasonable attorney s fee and casts of abstract of title ~~- curnd or paid st any Nate by said MORTGAGEE betauee a in file event of flee failures on tFr part of tM said M4RTWGOR to duH. [xa+rwth and fuly Perform, dlscMrp, exearte. efhct, complete. comply with and abuts by each and every tM stipulatiorw, a~-serr'e^1t, oadiNorn and cavczantz of said pranis•ery note end this rriortEatCe any a either. and said costs, chaps and expemes. each and ~Y. s)eali ba .___~_._4- 1,. _~ ~._~~ ,.~...r,_..,. _....-.~.,. ~ ...,.1.,., .t.w.a•,.A aM~mrMl /o c.+llrt a a,:t oarldirl~t; and the full amount Of eaci+ and n.r.rsanaac,r rw e.... ,w~~.... ~ -...~...~. ~. _ - -. every such paymaet shall bear interest from the date th~nof until paid at tM rah of six end six-troths per dntum Per amum; and all sa Dods, tlear`as and experoes so incurred a paid, topther with such interest, shall tall :scarred by file lien of fhb nwrtpp. i. That fief in F+~e avErei us ~~y :,reaociti uf~ :S :iwi~~ :+ .'~sz~::i! C" :~ ; ~,..s'~ -IIIDTPJf'Y]Q, .,r fMe In fir event any of fold sums of money herein referred to be not promptly end fully paid witHn thirty l30) days next after the same aewraly beoortra due and payable, r- ~.t ~ ~w ~ ;.^.c..~ ... r_1 !...-,~ .,....- ~.~h sncl .very tt» ~inulatiorb,, ar3eeenarks. eonditiars and oovenana of sold promissory note and thts mo't~ap aa~r++yy or' either an not duly. promptly end fully perforrrnd, discltarpd, exewted, effected. r3or~ipiated colt+Pi:~ with and abided by, then M eifMr or any such event. the said a«re~aN sun mentioned in said prorrdseory note tt+en rernsinirt~ ranprtid, with tnterast atcrud, and ell ma~eyt secured hereby, shall beoorrte dw and a forthwith, a thereafter. at the option of said MORTGAGEE, ss fuly and tompktsfy as if all of the said sums of money were ori~irsalu4td to be paid an sueFl day. in Bald promissory note or in this Mortpp to tM oont-ary ntA ewithstartdfn~: and Nwreulwn or thereafter at the option of Bald MORGAGEE, without notip or demand, suit at 4w a in equity, may be prosewted u if all monies sewed hrraby had motored prior to its iruNtutian. 8. That in ttte event that at ttte ba~irtreinr of a at any Hme any suit upon this ,err to foreclose it, or to refant it or to enforce peyneant of arty clalrns hereunder. said MORTWGEE shell app to ttte Court teevht~ j~lon thereof for tM anointment o~ a Receiver, such Court shall forthwith appoint a ReoNwr, of said aetd propwty all and gn~tlbr, Ineksdind all and sirtdular tM irtcontr, profits, Isnres and rawness from whatever source Beth and every of twl+tek, tt belrt~ expressly snderstood. Is hereby mort. f~eedd as if spectifkaly act forth and described in the ~rarttktd= ar+d habendutt clauses hereof. and wd+ ReoNver shall haw ail the brood and eaffectiw functions end powers in anywise entrusted by a Coot to a Receiver. and such appointment shall be rnsda by such Court as sn admitted equity end a matter of sbeokM rift to said MORTGAGEE, and without reference to Ntr adequacy o. kudaquacy of tM wlw of tM property mortppd or to the solvency or iraolwncy of said MORTGAGOR a tl» deferdsrtts, and Chet such rents, profits. Irxxxrws, bsues and nwrwws shall be applied by ouch Reaivar aooordirtd to the lien or puffy of saW MORTC,11it+EE and tM prsctke of such Cart. 9. To duly. promptly and fully Perform.- dlschar~e, esacuN. effect, oorrplete aorriply with and sbidt by each and awry the stipu- IaNana. a[f'eefMnta. tondltlorts and oovwwrts in saro prvrrtreaory note aiw n finis rtwwi~e s~i .v..-... 10. That in the event tile oaReership of tM mortppd prami!es. w any,pert tF~w~f~,be~oat~tes, vsst~d in a person otiw than tt-.e MORTGACAR, t),e irfvRTG.ZG<i, t.`s :o~,.~.«.. ~ a~t~. may. vittrout rs::w r r.-ie r.:zm r w.wrc, owr ...rte f:~C)1 successor or su~ssors in intered with nfererroe to this rreorep~e and tM debt hereby seaaTed in the sartte manner as with Mortp~or without in any way vitiatin{ of dbdarpn~ titr Mortpdor's liability hereunder a upon the debt hereby sewed. No saN of the premises herby mort~a and no fore- bearartoe an the pert of tM MORTGAGEE or fib suoaaors or assi0es and ra extension of tM time for the paynNnt of tM dibt~heroby scoured tliwn by the MORTGAGEE err fib arooessors or assip+s. shall oparsM to nleese, dlscharp, nwdfy, tfearrp a effect the original IlaMlity of the MORTGAGOR herein. either in whole a M pert. 11. It b fiplly Kr'aad that tkrtr b of ties eseenor of !hb eontreet and that ro wriw- or any ablfptian Fteretxeder err of ttta obiiption sewrud Frnby shall at any tinsa thenafhr 6e Mhi-N re a weM- of sFra temw Mreef err of the kestrtanertt sewed hereby. IN WITNESS WHEREOF, the old MORTGAOOIt itas iterwsr-to set his itrrd and earl tfte dry and year first ahreeeld. Slued. Sealed and dalivwd b pwnoa of: .. - G G~~ ,~~~y~4GG~EAU _ ' - - -r-- 51'ATE OF FLORIDA ~ F ~ 1' e.foee refs personally spp..ned --- ---- ---- --~~ig .Q:~e1_~a!-- ----- ---- --- -- -- --~-~--- - -- - --_:.1•''`~ -'~7~'d1r"d .: ,. ~oui8e S. Mel[On -,____ Ale wit., to rttr well krwwn, and krwwn w me to b.`~dp.~dib`:e•~ and who eraolrted tM fore~otrsf kratrtrrrtsrtt, and ackrawladpd before see tfe.t they etacwed the sartre far flee t ~~!e!~:: - WITNESS my h.nd .rd affldal oar! this- __ f..Z rf -_ __d.y of________DeS~~~~s. -- - -.-~-x~#~7C"v: ~ `fi!-' . ~= 3 .~, Q W W A- W G"~ G"~_ .~ .. ..- - , ~ r _ ~ _ _;. 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