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HomeMy WebLinkAbout1545 ~ ~ 6. To pay W and sln~ular t!?e caats. ch~u'~es. expen~es and attorney'a feet reawnably incurred or pRW ~t any time ~ by Ure Mart~~ee b~o~use ai any drteult ss to any stfpvlattan, a~reernrnt ~nd cove?~nt oi tha twt~x ~urd thts Mort~ge. as elthe,r, or !n an,y suit or proceedin~ at U?w or 1n equlty to whlch the Mort~a~ee ahall be wad brcome a party ln rRtettie?te to the Mortsa~ori tntereat tn the premlaes herein mort~aged, or tn suaLaWn~ the lfen or priorlty os tWr Mort~tse; the amounb of any wch casts, eharges, expenses snd f~es ahall also be deemed a char~e and Wciabtedneet Mcured hereby and be~r tnttrest at tht esme rate a~ tlye principal indebtednest 7. In the eveno ai a deiRWt in ~ny oi the cavenwnb ot thls Mort~ge, the Mort~~ b exprenly given the riYht, which r:f~y be exercised at any Lime dusinQ the exSsteace of any defsult and w long as a def~ult sh~ll exlst, to take pos~es- sion of and hoid Ne premirea, with or witbout proce~r o! l~w, and collect and recelve the ients, lssues ~nd pro!!ts thereirom, wlth or wtWaut Wcin$ poneasion o! the gremises~ end to apply the rents, i~uea ane! pro~ts to tlWe paymant of expenaes4 cheurgrs and amounts due and payable under the provWons oi the note ~nd this ~dort~a~e. Tlre Mort~~r asdgns and tranatera unto the Mort~a~et the nnts, fsue~ snd pmSb of the premi~es tor t2u purpose dorca~ld. The tak- ing of po~eion of the prem[ees and the collection oi the rents by the MorigRgee shall !n no way waive the rl~ht of tht hiortga~t~e to forerlasr tl~is, Mortgage beaswre ot a deLaulL And the Mort~agee may, at any Urne peading a sult upon this Mort~a~e, apply to the Court tu~vin~ jurfsdictlon of such auit for the appointrnent of a receiver of aU euid str?~ular tl~e premisea au~d the rentn, isrues and proIIts thereof, e~nd thereupon the Court ahall forthwlth, au s strlct metter ai r?ght in Lhe Mortgs~ee, and witbout oonsidentton o! the value oY Lhe mort~aged premises rs securfty far the unounts dne the Mort~s~, or the solvenry of any person os peraons bound for the pe~yment of such amounts, and without noUee, appoint a receiver oi all such premises wlth the usual paweis and duties lnduding the power to rmt the prrmises and to colleet the rental thereof and therefr~m, the revenue derived irom sai8 premises to be upplted to t!~ proper chugea and expeaaes attending the receivership. taxes ~nd useeamenb and other ~har~es against aiul for the protection oi the pnmiaes, the payment ot the indebtedneas siec~u[~d hereby, or as the Court mqy othervvise dire~t. 8. If tht premiaes, or anY Wzt thereoi, is tsken or damaged under eny pawer of eminent domaia or othexvvlse, then whstever moneya ahnll thereby become due the Mortaagvr are hereby sssiBned and shall be pald to Lhe MortgaQee. who, sitrr deducttng all reasonabte coste end expensts whicla may have been lncurree3 by lt tn the coUection ihereoi, shall appty the remalnder ot the sums recelvM to the psyment u?d sstiste~ction of the lndebte~e~s ~erured hereby ita full or pra tanto. Axiy aurplus oi such moneys over and nbove the amounts neceaseiry to pay la fuli all lndebtedneas hereby secured :hnll be paid to the Mort~agor. 9. 7'he Mortga~ee shall have the right st any tiim and lrom time to time, and without notice to or consent of any per~n, to release any partlon ot the premises fmm the llrn of U?Is Mortgnge euid to extend the time of payment oi ttll or a~v part o! the indebtedness, without affectinQ or releaaln~ the personal lisbillty of any person lfable for the puyment of any sum or intareat secuted hertby and withou! in any~vise alterlnQ, varying ar diminlshing the foh;e, etfect or Iten o! thia Mortgage on all of the premises not specillGailly releeued from the !!en oi this Mortgage by the Mort~r!;ge~e. The covenat~ts heretn ~roa?tained shall bind, and the beneflts and sdvantagea shdll inure to, the respectlvs beirs, execu- tors, admlalstrators, sucoesors, and assigns oi the parttes hestto. VYhetaever used. the ~dngular number st~all include tt~e p1wrR1, the plurai th~ stngular, aad the nse of any Qender shall lnclsade all ~ndera. It Ls iniended that thls Mortga~e and the note bereby ~aecnred are msde with refennce to and spsail be constnaed as n Fioride~ coatrect and gaverned iby t2?e lav?~ thereol. IIv WITNESS WHER~4F, the Mortgngar herein named lies hereunto iet his haind and ~sl thr ds~y and y~sr ~st above wrltttn. Slgned, Sealed and Delivea~ed in thr Presence oi: ~ . .....:~'t!~?.~i'''I.... ~.L .~...........r'~..... ..~2.~(SEAL? •!11 p. Yx"VfTI,~'~ ~r~ . ~n \ . . ` (SEAI.) . ` ~ 80YA..T.. ..I. 3.A~' ~ , ? fa?~" " ~L~~.G77 ~ .(SEAL) --1' / ' ............~7••:•.?l...l...~.''...~.~~:.~..~... .....(SF.AL) S~C~ ~ p 120 34~