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Wi 1~ PA&E358
t>Olley ~ policies lAid MORTGAGEE st~1I tww the aptton to ,..". Met ~ me wn. un 8CC:lUI'lt ot t'le indebtedneu w...-urecl hereby ~ to
pennit said MOATCACORS to ......w ~ ~ It or .... p.rt ..... f~ other pyl~ without fhe,-.by _vlftl ~ implltln. MY equity,
Ii"" or tlpt under or by vim. of this ~; ~ In the ..-.t uid MORTCiAGORS wll tor any rMIOn fell to keep the said ~-
10 inIuIed. or fall to delw. promptly any of wid poIlcie1 of ~ to uid MORTGACEE. or ..Ii promptly to PlY fully any premI~ therefor.
or In any r...-:t hill to perform. d1IO, wee. .-cuM. efhct, complete. comply With Mld .tJ:de by this ~t. or "tV p.rt herd. uid MORT.
CAGU INIy pt.c. and pey b IUCh 1nIu1~ or any pert thereof without _vine Of alt.ctlna any option. hen. equity. Of ntht un.der Of by
virtue of this MorteIee. ~ the full Mtount of eech end ..1UCh paytne"t shall be Invnecfl.tely ... and ~ and shall tlMr In...t
from the date thereof until peid at the ra.. of II. per cent ~.. ..-- and ....,. with wen Interest shall be MCUNCf by the
lien of this mort.....
.c. To permit. CIOftlmit or IUfNr no ---. ImpeIrment or deterioration of ..id pnlpetty Of any p.rt thereof.
5. It b hereby speclfally .,reed th6t any ..... or sums which mlY be to.ned or r.fv~ bl the Mort.... to the Mort..tor at any
time after the n<ofdinl of thil indentunt. foIethet with.,...,.. thereon at the rate a,'~'ed ~ at the time of wen loan or advance. shall ~
equally secured with ~ have the ..... priority. the orIcJnal Indebtednela. ~ be subject to all .... ........ ~ ~1ionI of this mort..,.:
Provided. that the ...,..... amount of orlnclpel outstanclnt at any time !'Nil not exaed an amount equal to one hundred and fifty pet cent
050 "') of the prlncfpel amount orftInally MCUred hereby.
6. To p.y all end aJncuIar the COllI, cha,.. and elq)eIaI, Includinc a rMIONble attonwy'l ... and COltS of .tlatrKt of title in-
euned or paid at..,., time by laid MORTCK.EE becM-. or In the went of the "11ure on the '*' of the said MORTGAGOR to G,Iy. promptly
end fully perform. cIItcha,... 4tJCeCUte. effKt. cOl1lplete. comply with and ablde by eech and every the Itlpulatlonl. ea'-tI, ClOndItions
~ c;c:JWnanb 0: said promistory note ~ this mortpp ..,., Of either. end ulJ COlts. cha,.. ~ ........ eech ~ ~, &hall be
Immediately ... and peyeble; whether or not there be notlce. demand, attempt to collect or IUlt perwOins; ~ the full amowrt of eech and
every IUCh peyment _II bear .,...,.. from the da.. thereof until peld at the ra" of IbcllB-.c:uW. per centum per -.m; and all uld
costs. dYrpa ~ ~ to Incurred or paid. totether with such "'.....t. &hall be secured by the lien of INs mortta...
7. That (a) In the event of ..,., braech of thll ~ or default on the p.rt of the tAORTCACiOR. or (b) In ...... event ..,., of .-aid
~ of money herein refemId to be not ~ and fully paid within thirty (30) dlys MIlt after the same _rally become due and payable.
without demand or nota. or (d In the event each and ..,..., the It\pulatlonl, .r........ts. conditlonl and cc-venants of uld promIl8Of'y note
and thil mortJa.. any or ..ther a,. not duly. PfOhlpt1y and fully .-'oMed. diacNraed. executed. effected. completed compiled with and
Iblded by. then In ..ther or any auch went. the uld .......... ."'" mentioned In lAid ~ note then remalNnc unp.id, with IntereIt
accrued, end all moneys uc:ur.ct hereby. wll become due and peyeble forthwith. or ......,..,. at the option of wid MORTGAGEE. . fully
and ccmpIetely . If all of .. uld __ of IftllMV __ orI.lnally atlpulated to be paid on auch dr,. anythinc In uld promIDJry nc.te or In
this Mort.... to the contrary not withltanclnc; end thet-eupon or thereafter at the optkln cf said MORtCACEE, wlthout notlel or demand.
ault at law or in equity, rNiY be prosecuted as If all monies secured hereby had mllured prior to Its Imtltutlon,
8. 'Th.t In the .-.t that at the '-linnlnl of or at ..,., time pet>dI"f ..,., IUIt upon thll Morttaae. or to foreclose It. or to reform
it. or to enforce p.yrnant of any clalml hereunder. ..Id MORTGAGEE ahall apply to the Court havlnc jurladlctton thereof for ...... appointment
of a Racelwr. such Court ahall forthwith appoint a Rec:eIwr. of aaId mort..pel propert,. all ~ linlular. Includlnc all and atncular the
1Mome. profits, 1__ ar.:I ~ from what_ IOUt'Ce dertwd. _ch and ~ of which, It beinI ..._Iy w.....tood, II hereby mort.
..pct as If 1peCt1flc:a11y Nt forth and described In the aranti.... end ha,ben.bn c~ hetM)f. and such R<<iew. ahall have all the broad and
.tfectlve function$ and powet$ In anywise 1InlNlted ~ a Court to a Rec:el_. and auch appointment &hall be nYde by wen Court as an
edmItted equity and a INI.... of abIoIute r1tht to ..Id MORTCAGEE, and without raf.renc:e to the 6daqwcy or Inadequacy of the vag of the
property mortpted Cf' to IN IOhrency or InaoIwncy ot Mid MORTCAGOR or the defwndants. and that wen rents. profits, Incemes, 1--
~ r.- nil be applied by M.ICh ReceIver accordi.... to the ...-. or equiry of lAid MORTCACeE and the prKta of IUCh Court.
9. To duly. promptly ~ fully perlorm. dItche,... execute. eff.ct. compIettI COMPlY with and abide by each and ewry tho ~
YtlonI, ............11, conditions ~ covenants In ..Id promlllOl'y note and In thll mortp.. sat forth.
10. That In the tIWI'lt the ~ of the mort..... preml-. or any part thereof. bec:omft YeIted In a person other than the
MORTCAGOR. the MORTCACEE. Its Il~ end "'IN. may. without notice to the MORTCACOR, dul with such successor or IUCCesSOtS
In In..... with re*-"ce to thls ~ end the debt hereby MCUred in the same mennar _ with MorttaIor without In any wrt vltMtI....
or cIItcharaInI the MoItpIor's 1...1Ity hereunder or upon the debt t.eby secured. No ule of the prwnt_ hereby rnortppd and no fore..
bearanc:e en the part of the MORTGAGEE cw Its IlIC1C1e18""S or ....,. and no e~ cf the time for the peyrnent of ...... debt hereby aecurad
liven by the MORTCACEE or Its IlICe_on or ........ nil opente to ,....... $Idw'll'. modify. chanp or effect the orI,lnal 1...11ty of
the MORTCAC.oR .... ..... In whole or In }Iert.
11, It II =11y atreed mat tIIM II of the .-a of thb contract ~ Ih.t no _w. or any obliptlon hereunder or of the
~i..tIon ucured _II at .,., time ........ be held to be a _1Yer of the ........ hereof or of the Instrument MCUred hereby.
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IN WITNESS WHEREOF. the uId MORTCAOOR ... .....,to ... .. hand and _I the day ~ yeer first afor.ald.
SI.,.d. _led end deIfI...... In .....,.ce of:
STATE OF FLORIDA
}ss.
COUNTY OF_.~_J UIl!ift .___. ," -.... #
Iefont 1M penonaUy ~lQHJtl.W .!_Yate8....__ . - U_. n_ ,,-- ",... ,- .un '. ,_,~~"ll\l~:II::;:n.yl1J,;,..., and
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u_-.&ertJ -N-,y.ataa.----- ._..__...,_____. .. wi". to me wllu_. ~ k.- to me to ~~, ~.. ~ Ift-,
and .t.o ....... the 10......., 1nItNIMnt. and IICknowhJp!l before me that they.XCUWd the same for the .,.~.;~
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