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If 'Il~at ( a) fn thc event af any b?each of t2~is wort gage or ddault oa the part of the Murtgagvrs or ( b) u~ the ~
i~ e~•ent any of said sums of money herein referreci to be not promptly ~uid fuUy paid as the sam~ u~~erally brcome due and ~
~ pas~able, or ( c) in the event any o
f t he con ditions an d rnven ants o f t he mor tgage no te or any renewal, attea~ion or modi- ~
f;:.ation thereuf, and of this mortgage, are not promptly and iu'1~• perform~~cl, duchacged, cY~~r.plieci ~~i.h :iud ahidttil by,
II~ then, in either or any such event, the principa1 sutn set out in the mort~age note then rE•m:rining urzpaid, together with i
accrued interest, and ail moneys s~ured hereby, shall become and be immediately due and payable at the c,p!io~~ oF .'lfort~ngre i
~,i without notice or demand which are hueby e:pr~s.ily waived, in which event ~NnrtguRee uiay avai! itself of all righis and
remcdies, at law or in eqwry, and thu mortgage map be forecloszd with al! ri~hts and :em~•dies afforded hy the laws oF
rlo:ida and blvrtgogors shall pay all ca~sts, c:harges and e~cnsc~ thcreaf, inci~~ding a reasonable attorney's fee. ~
l+ 9. hn delay by 14tortgagee in ezercising any ri~ht or remecly hercunder, ar othe~wise affor.lad Uy law, shall operate I
I as a w•aiver thaeof or preclude the exercise thereof dtuing tho cautinuar.ce of any ctefault hereunder. No waiver by 3lortgaRee l
i( of any default shall constitute a waiver of or consent to subsequei,t cieflults. i
i~ 10. If default be made in payme~t, when due, of any indebttdness .ecured hereb~•, ur in pcrfarmance af any of i
NmTga~ors' obligatiaiu, convenants or agrements hereundei: i
I ~1lortgagee it suthorized at any time, without notice, in iks sole discretion to enter upon and take posstssio;~
; of the mortgaged property or any part thereoE, to perform any acts 1lorigagee deems necessary or proper to conserve the ~
~ sec:urity and to coLe~~t ~nd receive all rents, issues and profits thereof, including those pa~t due as well a~ those sccruing
~ thereafter, a~d I
(b) ln the event suit is irstituted to foreclose this mortgag~ or enforce payment o£ any ,:laims hereunder, I
MortgaQee shall be entitled, as a matter of strict right and w~ithout regard to the value or adequacy of the security, to have
i' a receiver appointed to entu upon snd take possession of the mortguged property, collect the rents ar.d profits therefrom and I
apply the same su the court may dirert, su;h rrceiver to have all :he rights and pow'ers p-..rmitted under the Ia~+rs of Florida.
[n cither su~:h case ~iortgagee or the receivar auay also tal:e posseulon of and use any and all persc~nal properh• !
l~ contained in tbe p~emises and u~ed by Mortgagom in the rental or lcasing thereof or any part thereof. The e~cpense ~
~ ( inciuding receiver s fees, cou~sel fees, casts and agmt's compensation ) Incurred purvant to the powers herein con- ~
; taineci shall b~ secured htreby. Mortgngee shall (after payment af all crosts and expenses inrurred) apply such rents, i
~I iscues und profits recefved by it on the indebtedness secured hereby in such order as ~lfortgnqee dptermines. T6e
right to cntu and take~ossession of the mortgaged property, to manage and operate the same, and to collect the rents,
ii issues and profits thereof, whether by a reccivcr or othenvise, shall be ciunu2ative to any other right or remedy hereunder or
~ afforded by la~v, and may be ezercised concurrently therewith or independendy theren#. Mortgagee shall be tiablc to accoumt I
+ only for such rents, issues and profits artually receivod by M ortgegce..
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I 11. Afortgagora shall duly, prompdy and fully perform, discharge, comply with and abide by each and every coven- i
ant and condition in the mortgage note or any renewal, exten.~ion of mociification thereof, and in this mo~tgage set forth.
12. The evnvenants and eondidons hereln eaniaintd thall bind and the benefits and acl~•antagec shall inure to the ~
II respective hedrs, executors, adminishators, successors and assigns of the parties hereto. Wherever used, the sin~ular nnmber
! shall include the piural, the plural the singular, and the use of any ger.d~r s!~al1 applicablP to aU genden. A!1 covenants,
i; agre.ements and undertakings SI]81I ~E rDIRi and stveral.
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13. 'I"his mortgage and the raortgage note eanstitute a F7orida contract and shall be construed acording to the lawa
I'. of that State. The Morigagora hereby a-aive all homestead exemption granted by the Constitutioa and Law~s oE the State of
Florida. `
~I IN VVITtiESS R'HEREOF, the Mortgagos's have executed this instnunent under seal on the day and yr+r first above ~
~ ~ wTitten. i
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I~ S' ed, sealed and dc'vered - C~1 !
% ' e psesence o . " ' ~
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ST.~TE OF FLOR~DA t
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COUNTY OF........4~..~.,....~r.t,?C.'.~ I
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'~1`i ~his v~ife yaP~~'~~~-~~"~"-~~'~Iloch._.C:aldwell an:3 Lorr~ine ~'ay CaldwelZ
i~ to me well kr.ow~n and known to me to be the ind.ividuaL... 5.....dexribed in and who eAecuted the foregoing instrument, aod
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~i arknou•leuged before me that ..............~.;a~~..................executed the same for the purposes thereiri ezpsc~aetl.,
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i; ~~'ITitiESS my har.d and offici~tl S~i ih~s.......... ..6th- r l.-_ --.~y pf..........'. J.~ 1....... ;..:..:..y...,.~,•l~"s:~.~,a5' .
! '~~(~2,~,...,:: .v... ~ .~.~.-.~.t,~''r ~
317.
! tiot~Public, State of oric~'it ~~igt'. `f
h1y eo " ~on eapir :Notyr~~~~cC'.~-~~ S; ' u'= ~e ~ _
j S'TAT~ ON FI.ORTDA ' ~ ~ ~ ~ ` ~
I,; sa~ i~ LS' 1d~y. ~~~~;-rK.s;~? ,<<~.i:~c. s, ~v~s.
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GOUtiTY 7~'- _ . _ _ . '
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;i Before me persor,ally appesied
and to me w~ell krcown anci kno~~n to
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me to be the......._ .......................President and........._... ..........................Secretary, rc~pectivel}•, af........._...._.._ ~
............................•--.--...............................................--......_..............--•--..,the corporstion named in the foregoing instrument, and
~ kn~w~n to me to be the persons who as such officers of said c~rpo~ation executcd the same; aad ?hen anci there the said
~i of{icen of said corporation did acknowledge before me that sa"d instrument is the free act aad deed o{ said corporation by
triem respectivel}+ ezecutFd as such officers for the purposes therein eacpressrd; that the seal thereunto attached i: the cor-
~ porate segl by them in like eapaeity affixed; all under authority in them duly v~sYed by the Bc~arcl of Direetors of said
i corporat~ou. '
~I WIT\'ESS my hand and afficial seal thi.< ........................................day of.............. 19........
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~I Natary Puhlic, State of Florida at iar~e
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