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HomeMy WebLinkAbout2125 - .~ -.--..... . \0.'''' Ibfti 15 ,.675 ._- Sf. LOCI eOUlTY, FLA. " eund 1t, K........ .. eI""'l.' c\laa ... UI7 ... .. -'... ~ .. .. '-ub. u....... Ii ."-1 &W. mortpp .... the .... .. .... L.a.}1 .... -. ... ,.. .... .......,..........................,.. .at...., f. ~ ... for the ,.,..... of aD ... '.''1'" tWI ......... .un ... AI IOCUItJ ad ., ... _ .. .... eO paid .un ...... . put of u.. ......-, _ MCUeII -...,. 7, I.... Kortppr .unf. 10 'l'OIDptq tIIecJwop U7 aWlptloe . OIftIlaat .. ~ ...... )fo~ aball baye tho opUGa, bat .. oblIpu., .. ,.rlMa _ ......, of Konppr. AaJ.........1deIa Kort- ppe '" espead ID perforalDa ncIa ad or Ia ~ ~ wlt.Ia IatereR u.ere. at the rate 0' ..lat , , per eeM ce,,) per ama1llll, toptber wtth aD apeuea, bacladlat reuoaable attGneJ'. feee 1Deam:d b, Kortpp, \ .hall be immedIatel, pa,able b, KortcaIor .. aball be aeeued \, thIa 1DOrtpp, .... Kortppe abaJ1 be nbro- pted to aDl ripta. equltJea or lieu 10 dJacbarpi. e. That If the prlDelpal or lateft:et - tM DOte laerela d~ribecl or aDl part of the ~ aeeued heml or Intereat thereon be DOt paid what da, or If )lortppr .hall fan to pay aDY tuee, ..tetanata, -'FI, or lmpoaltlou .. the IWDe become die aud pa,able, or If defaalt be made In the fall and prompt performanee of &D1 COYeDaDt or apecmeDt hele" -taJaea, or 11 aDY proeeecl1ap be lDatltatecl to abate ADY nulauee on tho MoriBap! PremI.Ja or If iony proceedlDp be IDltltuted wldeh mI,ht renlt to the detriment of the UIe and eDjo)'1Dcnt of the premlaea, or If Mortppr ...all make lip U!llpmeDt for the buellt of eredlton, _ if . re- celyer. liquidator or tru.tee of MortaaJO't - aDY of Mortpsor'. Propel'll be appohated. or If Mortpaor iI adJ.u- cated a bankrupt or InlOlyent or any of the property 0' MorlfJalor be ~neatered, or If Morqapr fUea or con~enb to the films of any petition or proeeedlnJ under the National Bankruptel Act or .Imllar State or FedeJQI Statutea. .. now or hereafter in effect, or if .uch petition or proc:eedlnJ b med apinat MoriBapr and Dot dbmlued within iixty (60) dal' after .uch f11In" or Illlonsagor mall admit lnabUllJ to pay debta .. they ~me doe, or if MortPJOr be , corporation, If ita dfreetora or .tocltholden .halllDatitute or eoueat to &al proceedinsa for the di..olutIt'n or liquidation of Mon,apr or faU to do all thiDsa nece...'1 to maintain the edatenee of Mortpgor, or if aDylaw .hall be enacted or declaion rendered by any court of Wt re.ort impoelnJ aDY tAX' or a..e..ment not now In effect upon thb monsase, or the note .ecured hereby, or anl Intereat of Ilon- ,&Fe In the' Mortga~ Premlsea. or rendering Inoperative the undertaldap of Morqagor to pay all ta%r.a ari.ln, .. a reaalt of thil transaetion other than tuea on the iDtereat Income herefrom, or which reaalta in the deduction from valuea 0' landa, for tax pu~, of the amount of aDY lieD hereon, or alUMS the law. for the taxing of mortgase- or debta aecured thereby, then Oft the happening of anyone or more of theae eftDta. thb eonvelance .hall become ab.olute and the whole lndcbtednu aecured hereby .hall hnmediate1, become due and payable at the option of Mortpgee and thb mortaage mal thereupon be foreelOKd fer the whole of .aId JDODCY, intereat and COIta, or Mortpgee mal foreeloae only.. to I1JIDa put due without Injul'1 to thb IDOriIJaIJe or the dilpl~t or impairment of the remalnder of the llen thereof, and at luch 'oreelonl'O .ale -the p'iopeny shall be .old .ubjed to an remainins itema 0' Indebtednell and the Ilortsqee may &pin forecloae In the ume manner at o'ten as there mal be any IUID put due. 9. If at any time after default by Mortppr . recelYenhip may be neeeua'1 In the opinion of Mortpgee to protect the lien hereof, or at the time of or after the Inatitutlon of IUIt to colled the indebtednea. hereby &ecured, or to foreclose thia mortsage, Mortpgee ahall, II aD admitted equity w .:.8 . matter of atriet riPt mcl regard- leu 0' the value of the property, or the ..IYeDCl or iuolYeDel of Morqagor or anl party bound for the payment of the IndebtedDeu hne the risht to appoint. on u parte application aDd without notice to aDyone by any proper court haYing jurladietion, 0' a receiver, whleb recelyer .hall hne all 0' the broad and _ffecliye powen and 'unetiona In any wlae entrusted by the coun to . leeeiycr to take charge of, manage, preaerTe, maintain, care for aDd protect the Mortgased Prembea and to collect renta, luau, proeeed., produce, profit, income and revenuea 0' the Mongased Premiaea from whaboever .ooree deriyed; to make all neceuary or needful repalra and to cultivate, operate, duat, pnme, fertillse, lime, drain, irrigate and protect from damage by Iir.., the timber, field., putores, orchards. dtrna srovu and all other aSrleultural developmenta located on the Mortgaged Premises aD~ to market the producta thereof and receive and collect the proceeds thereof aDd .uch receiverahip shaU, Ilt the option of 1rIortgasee, continue until the 'ull payment of all sum. hereby .ecured. or ontU title to the Mort- gaged Premise. shall have passed on .ale under a foredOlure of thia mortgage. IT II AORn:D that granting aDY extenaion 0' time 0' payment of anl .UID comins due under the note aforesaid or under this mortgage, to any peraon, or the taking of other or additioDal .ecurity 'or the payment thereof, the waiver of, or failure to exercise, aDY right to mature the whole debt or any other waiver by Mortgagee IIhan not in any wille affect this mortgage or the righta of MOriBagee hereunder, or oper...te u a releue of any liability or nny co,.enant or stipulation herein contained. The .everal rlpta and remediea in this mortgage contained, prorided, dl"rbrcd or authoriled, .hall he construed and deemed a. cumulative and no one or more 0' them .. exclusive of the other or any of the othen or of anl righta or remedle. which now "1' herea'ter mal be sIven or allowed by law, Mortsagor unconditionally S'anta to Mortpsee the ript to enter upon &ad inapect the MortPJed Premiaes at all reasonable timea, The word. "Mortsagor" and "Mortsqee" when aaed herein .hall be taken to include the sinsular and plural ;;'lumher and muculine, feminine or neuter sender, II may fit the cue, and .hall Include the heira, administrators, executon, sueces'Ot'l aDd ...igna 0' the partlea hereto. Each aDd all of the tel'lDl aad prcm.1ou hereof ahall ex. tend to and be a part or any renewal or extenaion of thie moJ'tBlle. In the eYeDt that there b more thaD one mortgagor, theD, at the option of Mortgqee, aDY ad or Iclion b" 08 behalf of or against either mortgalJOr, .hall have the .ame effect .. though by, on behalf of or against all mon,apn. T!Ua mortg. aod the note IeCUred be~ oon.at1tute a Florida contract aad .hall be conatrued accordtns