The URL can be used to link to this page

Home My WebLink About1951f3tI~F ~~ P'CE~~ aulrcy or policies said MORTGAGEE shall have the option to receiv~a,rd,appyr.trM,1µ •~f ~''nthrreby wa v ng oez'~~u(r g ha~YbYM+°~ity. permit said MORTGAGORS to recefva and use it or any part•tlwreo. {arlrflNdtF>~+ -++-tme-++ lien or right under rx by virtw oftlthnMoftga~ pull aesnof~w~rance to said MORTGAGEf~wil fa~l prompt y~ WY ~IIY ~ ~ P~mium ~hsrefor5 so inwred, or fail to delver Pr'MtP Y t or in any rv~spect fall to perfomt, discharge, execute, effort, nor:.plete, comply with and abide by this covenant, cr any part hereof, said MORT• GAGEE npy plac. andg WY for such insurance or any part thereof without waiving or affecting any option, lien, equity, or right under or by frrom the datenthereof untildpa d at Ithr• ate tof fs•~ and sa t enths Per cent per annlum and togertherywi~the uch pnteaest hill be IsecuaedrrbY Yne lien of this mortgage- 4. To permit, commit o~ sutler no wasie, Impairment or deterioration of said Property or any part thereof. 5. It is hereby specifically agreed that any sum or sums which ma>' be loaned or advanced by the Mortgagee to the Mortgagor at any rime after the recording of this indenture, ttloe~~ras ithel o erinalt ind°btedneue, and bersubjec~to alltthetterms andcpro~sions ofvth s mortgage-• equally secured with and have the same p tY g Provided, that flee aggregate amount of princ•pal outstanding at any time shall not exceed an amount equal to one hundred and fifty per cent (150%) of the principal smamt originally secured hereby. • 6• To wy all and singular the costs, charges and expenses, including a reasonable attorney's fee and costs of abstract of title in- curred or paid at any time by said MORTGAGEE betause or in the event of the failure on the part of the said MORTGAGOR to duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants of said prable~whether o~notstheregbe`rwtice~rdermand, attemptdto collect orrgsuit pendng and the fullaamount of eafchland immediately due and Pay every such payment shall bear interest from to toaethe ewth such Pnterest4 shalltbe secured by the lien of thlsnmortgageannum; and all sal costs, charges and expenses so incurred or pa g • 7• T;bt (a? to the event of any breach of this Mortgage or default on the part of the MORTGAGOR, or lb) in the event a.ry of said sums of money herein referred to be not Promptly and fully paid within thirty (30) days next after the same severally become due and payable, without demand or notice, or (c) in the event eMOhrnptly and fu ly sperfo meds~discha eeds~executted, effected, ompleted compl'iedswithnand and this r..ortgage any or either are not duly, p abided by, then in either or ar.y such evsnt, the said aggregate sum mentlru~ed in said promissory rate then rrrmaining unpaid, with interest accrued. and alt mone~ secured hereby, shall become due and payable forthwith, or thereafter, at the option of said MORTGAGEE, as fully and completely as if a 1 of the said sums of money were originally stipulated to be paid on such day, anything in said promissory note or in this Mo~tgaga to the contrary not withstanding; and thereupon or thereafter at the option of said MORTGAGEE, without notice or der,wnd, suit at la~~ or in equity, may be prosecuted as if all monies secured hereby had riatured prior to its institution. $. That in enteof anthtlaamsthereunder,nsaidfMORTGAGEE sh~llnapply to the Court having jurgsdiction thereof forethe appointment it, or to enforce pay Y of a Receiver, such Court shall forthwith appoint a Receiver, ~f said mortgaged property all and singular, including all and singular t income,.profits, issues and revenues from whatever source derived, each and every of which, it being expreuly understood, is hereby mort• gaged as if spectifically set forth and described in the granting and habendum clauses hereof, and such Receiver shall have all the broad and effective functions anndd powers ~ anywise entrusted by a Court to a Receiver, and such appointment shall be made by such Court as an admitted equity and a matter of absolute right to Bald MORTGAGEE, and without reference to the adequacy or inadequacy of the value of the property mortgaged or to the solvency or insolvency of said MORTGAGOR or the defendants, and that such rents, profits, incomes, issues and revenues shall be applied by such Receiver according to the lien or equity of said MORTGAGEE and the practice of such Court. 9. To duly, promptly and fully perform, discharge, execute, effect, complete comply with and abide by each and every the stipu- lations, agreements, conditions and covenants in said promissory Hate and to this mortgage set forth. 10. That in the event the ownership of the mortgaged Pr withhout not ce loathe MORTGAGOR, de~lswi~thrsuchsure ssor orrsuccessors MORTGAGOR, the MORTGAGEE, its successors and assigns, may, in interest with reference to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating ar discharging the Mortgagor's liability hereunder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no fore- bearance on the part of the MORTGAGEE or its successors or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors or assigns, shall operate to reltsso, discharge, modify, change or effect the original liability of the MORTGAGOR herein, either in whole or in part. 1. It is specifically agreed that time is of the essence of this ContrYt and that no waiver or any obligation hereunder or of the obligation secured hereby shall at any time thereafter be held to b~ a waiver of the terms hereof or of the instrument secured hereby. IN WITNESS ~7JfiEREOF, tlx said MORTGAC.oR has hereunto set his hand and seal the day and year first aforesaid. Signed, Sealed and delivered in presence of: r~ ~ .1 G ` i L c,G<-_.. .` ~i~?' ~`' LL~C vfi ~ ~ss c.lc ~SFJ~U ~J ~ ~ ( ~ i~ -i~C~cX~C/Ji/ ~J.'- ~ .-. •,/ ~/~~"t C-C ~I G-c'~ ~: 1.~` s+' EAU ~-.~-- ' ~ ``~,.. u.., ,,,. STATE OF FLORIDA SS L ~ ~~'` ~~~'uL j~ ~'" COUNTY OF - SC. -.L.UC10 - -- - ~ _ :~-~~' •• '•• ~i •~ . -..: MARVIN G. COMBS -- --- - '~~J~•~•_ ~ a•~ _ Before me personally appeared _ --- --- - - - - ~ ~ .~ $~ ~~' _ ~_ fir. r~ ~ - ---LQUE~~_Y. COMBS.--- _ - - - . his wife, M r,+e well known, and known to me to be the inAtYids~~i~+~ •% and who executed the forego;ng instrument, and acknowledged before me that they executed the same for the purposes. ~t ~t'zpressbd. • i -~ ,a ~.. y ---- - -day of _~ ~• ~JVeTII~r - - .. _.:';f `~~-f?, 19~t`~,' : ~ y ~~ : -- - • ~ ~•... WITNESS my hand and official seal this -- - - ~ , . .~ _ . ~. -i t, r ~ Notsry P~ in and for the State o~br da at Large. ..` My commission vxplres: /' -~N~„~ i W '~ 5rss~ ~o ~, ~ ~~ '~ ~ z.. ° ~`~ O ~ F ~' Boa ~ • .a Z - 1 3~ r • ~l ~ / ~~ Y FILED AND ?ECORDED I~~' _~#~~.~eco~d - 900K {962 DtC i i ~~ 1:37 ROGER POITRAS. CLERK ST. LUG~,E.;,C,O~J~TY, f LO~ID~ . ~; •:.. J .. ~„ -.. _J. _ a ~ ~ ~ .,, a ~ ~ °'~ a ~ 0 ~r ~ ~ ~ o , a~