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HomeMy WebLinkAbout2264 ~ ~ ~ , , : - ~ ~ • . ,f 6. To p~y all and ~dntutar tlie costs, char~es. expet~sr and atWrneY's L~a re~sor~abqr incurred or p~r3d at aay tlmr by the Morf;a~ee beeause of aa~ default es to ~nY sttpulation. a~reem~nt aad eovenant ot tbe aote aerd thb D[Ort~a~e. ac' eltlkc, or la ar,y sutt or proceedti?~ at law or tn cqutq? to whleh the Mort~aYee sht11 be ae~ become a part,rr 9n re~~r~ce ~ to the MottraroYs fatenrt in the premtses herNn mort`s~d, or !n sustaWns tl+e Ikn or prlority ot thN l[o~et~~• tM ~ amouata ot any wch casts, charEes. eacPensa ahd Lees sh~ll aLa be deemtrd a chat~e and fndsbtada~ent wcur~d ber~b~? ~ and bear incenst at the ~ame rate n tbe prfndpai indebtedne~ ~ T. In the ev~,t ot a 8eiault in ~ny ot the cav~naats ot thia ~[ort~~e, the Morts~ee Is a~eprerr~y ~iven the ritht~ wtilch may be exerclsed ~t aw+ ttme durins tbe e~dstes~ee ot auy detautt and ~o lon= ax a ddault sliall eydat~ to take po~. a?on oi and Lold tbe pteml~, w^Ith or wfthout p~c~t o~ law, aad oaUact aad racciwe ttre ra~t; 1rr~tes ~ prosib ther~irom, wita or wlthout t~kin~ porerdon ot the pe~nls~r, and ta ~pp~y the re~ts, ianus Rnd proSts to the p~ym~t # ot expens~s, char~es aAd amamb dne wad p~yable under tha provWom of tLe note ~nd tAis ~[artsate. TAe l~ort~o~r aad~t~s and tnnders unto tUe Mort~agee t2~e rents, iawes and proflts oY tbe pnmisei for the purpo~e aforeaaid. Tl~t? tak- tng ot paqestlan ot the praznlses ~nd the colHectlan af W~e rents by Ne Mort~a~e sAtll 1n no Ns~r w~ive LAe r1~2~t of the McrtSa~ee to foreclase Lhfs Mort~r~e because of • deLul~. AM Ltk Morfi~ ~Y. at ~Y ~ Pe~~ a rult upon thlat Mott~ate~ aPP1Y W the Cnurt havfas fttrl~dtetioa o! such su3t for the appolntment of a x~eceiver of all ~nd ain~ul~r the prembes and the rent; issue~ ~d pt~ld ther~pt~ ~ thereupan the Court shall torthwitty rs a strlct uratter of rt~ht fa the Mort~e~~ ~nf! wlthout oo~mdderatlnn oi tt~e value oi tt~e mort~a~d Premi~e~ as securlty for the amounts due the Mort~aRse, or tl~e solvencY ~~Y Per~n or peraonr bound for the payment ot such amounts, and wit~out aotice~ appdnt a reerlver o4 aU tuch pr~nisq wlth the r~q~alpo~ rus~1 dvties tncluding the power 2o reat the premtaa and to collec~ the rentai there~f and thenirvm. tM nv~nne derlv~e~d frora sald prerNaer to be appikd ta thr proper cha~s utd expes~ses attending t6e neNver~hip. tax~a aad er6armenb and other cher~es a~ainst and !or ti~e protectioa oi We premises, the paymeAt o! the lndebtedne~s seiured bereby, or as tt~e Court may othcrwlae direet 8. Il the prcmisra, or u~y part tlrer~oi. iti tak~ or duna~ed under any pow~er of emlaeat doenaln or other~rlse, thea whatever mawryt ehell tbereby beccene due the Mortgagor arr herebq atsl~oed and shall be paid to tl~e Mort~s~et. who, after deduc~in~ all re~sooRWe casta aad acpeniea v?Wch reay have been ihculttbd by It 1n the oollectlon thereof. sha11 i?Pp~' tl~e remai»der o1 tAe sums reoeived to the p~y~d~ent and tatidactt~ ot the lndebtedaes oecurrd tanto. My surplus oi such moneys aver Rnd above the amouats necesw~ry W pey in full all lndebt ~ hereby aecured sAsll be paid to the Mort~a`or. 9. TAe Mortga~ee ~hall have tbe rtght at any ttme aa~ from time to tinne, and withoyt noUce to or consent of any pez~son, to releaae any portton ot tha premisea irn~ the Hen oi this Mort~a~e and to actend ihe time ot payment of all or any part of tlie in~ebtedneas. withont affectins or releasia~ flre perso~ai liabUlty of any person lfable for the psyment o! any sum or interest secund hereby aitd without in anywise alterin~, varying or dL~nfdshing the iorce, euect or lfen M this 14lortgage on all of tAa ~rembes not speclnc~lly releaae~i from the llen ot thls Mortgage bp the Mort~agee. ; r ~ i , ~ The sovenanb herefn contained uhall biu~f, and the b~tflts and advantages shall inure to, thie respestive helr~, e~cecu~ i tors. sdnni~lstrators, suoo~ors, atad ~aaigns ol the partles 2ierrto. Wlsenever used, the dn~lar number shaIl include the lusal, the lural ttu Y~aa~er' sha11 inrlude all tphe n~ote be ~SU1as'. and 4he uae oi aa ~endens. It ia intendM tbat ~rae~ the la~vs ther ~ secared are made v?lth referrnce to and sDall be comttrued as a Florida caatract aad YN WTTNFS'3 WFIEREOF, the IViortga~or herein named has hereunto set hts 2und and aeal the dy aad year Mst ~ ` above rvrittesi. I~ ~ .k ~i8ned. Seeled ~ad Delivered in tDe Pre~enee at: ~ ~ L~d~~ -,'v • C_..7..-~/ i ~ . -----__....._.t ~ ~ Otto B. Plange~nn ~ ~i. ( y/ ~ I', i . ~'^"-..:....';'(SEAI.) ~ ;k ~ ~8Y'~ ~811gCID8I1II ; - - ~ - ~ ................~-------..........---~---......__........_._...----..._._..~5~.~.f . . x t . - . ------._...__.~.•.~.:cs~wr.~ ~ ~ BGCi~ ~4.i.