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~i 8. 'fha: ( a) in the tvent of any breach of thu mort gage or ddault on tht part of the Mcxtgagvra or ( b,l 'ui thr
e~•ent any of said sums of maney herrin referred tu be not procuptly and fully paid as the same severally became due end i
payable, or ( c) in the event any of the rnnditiors and covm znts of the mortcage note or ariy renewul, extension or mudi- ~
fication thFrcof, and of this mortgage, are nat pron?pdy and fc~lly perEonned, di;charged, ic~inpli:~i wi.', an<l :1Li;1<~i! hy~, ~
i~ then, in eidiQr or any~ such event, the prlncipal sum set out in the mort~age note then re•m,tii~ii~g unpais, togrthar a7th ~
accrued interest, and aU moneys secured hereby, shall 1x~com~ and bc immediately due and payable st thr option of :4furt~;ag~c~ ~
H•ithout notice or demand ~vhich are hereby expreuly wai~•cc1, in w~hich event Alurtgcge~e may avail itself of all rightt and ;
;i remedies, at law or in equ?ty, a:~d this mort~age may be foreclosed with all righ:s anel remedies affordeci by the laws of ;
~'lorida and Mortgagort shall pay all costs, c:harges and e~cgenses thereof, inclucling a reasonable att~~ruey's fee. ~
~ 9. No delay by Mortgagee in Hzercising any ri~ht or remeciy heteimder, or otherw•ise affordeci by !aw, shall opc:rate '
as a waiver thereof or preclude the exercise thereof dwing the a~ntinuar.ce of any default hereunder. No waiver by 1ltrrlgagee ~
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i~ of any default shall constitute a waiver of or consent to subseyu~nt defaiilts. i
i~ 10. If default be made in payment, when due, of any indebtedness sccur~~d hereby, or in performan~ of any of
Jfvrt~ngors' obligatio~s, convenanLs ox agrements her~under: ~
~j (a) ,tfortgagee is suthorized at any time, ~ti~thout r.otice, in its sole discret~on to enter upisn and take ~w+.ession ~
~I of the mo;tgaged property ur any part thereof, to p~rform a~iy acts ~~fortgagee deems necessary or proper to muserve the ~
~ sec:un~y• and to collert und receia~e all rents, issues aad profits thereof; includin~ those pa~t due as well as those accruing ~
i; thereafter, and
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; j ( b) In the event suit is instituteri to fur~•close t his mo-tga ~e nr rnforce payment of any claims hereunder, ~
Mortgcgee shall be entided, as a matter of strict right and without regar~ to the valuv or adequacy of the security, to have j
I~ a receivez appointed to enter upon and takr possession of the m~~rtgaged property, crollect the rents ar.d p;ofits the~rfrom and {
II apply the same as the court may direct, such recei~•er to have all the rights aad powers permitted under ihe laws of F'larida. ~
ln cither such cace tifortgagee or the receiver may aLso take possession of and use any and all personal property
ij contained in the preinises and used by Mort~ugors in ihe rental or leasing thereof or any part thereo#. 'fhe expense
~i ( including receiver'S fees, counsel fees, co;ts and agent's cempensation ) in~curred piusuant to the powcxs herein con- ,
tained shall be stcurecl hereby. Mortgagee shall ( after payment of all c~5ts and expenses incuned ) apply such rents,
~j iss~ies and profits received by it on the indehtedness secured hereby in such order as blortgogee dPterntines. The
~i rip,ht to entu and take pouession of the mortgaged property, to manage and operatc the same, end to coUect the rents, ~
issues and profits thereof, whether by a receiver or othenvise, shall be cumulative to any other right or remedy hereunder or
affarded by law, and may be exercised concurrendy therewith or independenti~• thereof. Mnrt~vgee shall be liable to account ~
j; only for such rents, issues and profits actually received by bf orto~ee.
11. btort a o~s shall dul ~
g g y, prompdy and futly perEorm, discharge, comply with and ahide by each and every co~•en- i
ant and condiGon in the mortgage note or any rene~cal, ext~nsion of modification thereof, and in this mortgage set forth.
I, 12. The couvenants and rnnditions herein wntnined ehall bind ard the benefits and advantag~ shall inure to the 4
respec.tive heirs, executors, administrators, succc~sors and assigns of the pazties hereto. V4'herever used, the singular number i
f; shall inclt~de tho plural, the plural the singular, and the use of ar.y gender c~all applicable to all geiiders. All covenants, j
~i agreements and undertakings shall be joint and several. i
li 13. This mortgage and the mortgage note rnnstitute a Fldrida cantiact and shal] be construed acording to the laws
nf that State. The Mortgagors hereby waive ali homesteacl exempkion granted by ehe Constitu!ion and I~w~s of the State of ~
; Flarida. I
~I IN R7TNF,SS WHEREOF, t!~e Mortgagor.c have ezecutc+d this inctrument under seal on the day and year first above (
;t~ritten.
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Signed, sealed and deti~•ered tt H~pjI~t~'8 ~ j
in the presence of: ~ , ' !
j' • ; . .(SEAL) I
i . ~ ~ ' ~an Holmes ;
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b'TATE OF FI.ORIDA r
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i; Before me personaly appeared..........~n~tt....HOlri1~5 3I1C3 Li.llian Holmes,Y ~18~•~W~~fQ_'
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to me «•eil known and known to me to be the indi~•iduai..$..._..described ia and who ezecutacl ihe foregoitig -}4as~~s~}ment, and.•~
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ii acknov:ledged before me that.......the~ eacecuted th^ same for the purposec therein expressed.~'•. .
WITNESS mv hand and officiai seal this.._........3 rd rTun~ 65 ~
day of..._.. - ~=1 19.........
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; ...................._~ti~:•'•--..........'.`.:•-- .:1..--~--....... ~
, otarf Puhlic, State of P'lorida at Large I
~ I~1y COmmi~~iOII 2lpirCS: i
~i STAT'E t7F FT.ORIDA • . ~ • , ~ r r
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' couNrY o~ . . ,
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$efore rne persona:l5' aPPeazed
and to me a•ell known and knaw~n to
~I me to be the ................................PresidenY anc?..._..... ............Secretary, respectively, of........._...._.............._.....-
i~ ....................--_--..---_•-----.........................---........................................_........,the corporation natued in the fo:egoing instrument, and
~i kno~s~n to me to be the persons wha as such ~fficers af said c;rporation executc~d the same; and then and there the said
i~ ofticers of said corp~ration did acknowledge before me that sa:d instrument is the free act and deed of said a~rporation by
th~:u *e~~.ertive!y exec~~crd as such officers far tFie purposes therein expres.ecl; that the seal thereunto attached is the e.~nr-
porate seal by them in iike capacity affiued; all under authoritv in th~m dul~ vested by the Board rrf Directon of said
corF,rratioa.
~ WITN~SS m hand and afficial seal this---............
y ........................day of................ 19.........
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II I~otary Public, State of Flarida at I.arAc
My ccmmission ezp:rr,s:
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