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HomeMy WebLinkAbout0903 the pendency ot wch forec!~sure su~t, as well as durinfl any further hrnc h`~en tt:e Mortgagor, ifS iuCCti>or~ O~ ass~pns, eY:ept ior ttie intenention ot such rece~ver, w~uld be entitled to collec~sjgb,rents, ~ssues ~~prof~ts; and all other powers wh~ch may be necessary or are uswl in such cases fcr the protection, possess~on, coritrol, managernent and operation of the premises during the whole of said perod. The Court from hme to time may authcrize the receiver to apply the r.et income in his har~ds in payment in whole or in part of: ~a! the ~r.debtsdness s>cured hereby, or by any decree forec'osins this mortgage, or sny tax, special assessmeni or other lien which may be er become super~or ro the I~en herenf or of s~~ch detree, p~ovided such application ~s made prlor to foreclosure sale; Ibi the def~r.ency in case of a sale and deficiency. 7. 7he mortga~ee or the holders of the note shall have the right to inspect the prmi;es at all reasonable times and atcess thereto ~hall be permitled for that purpose. S. {f this mortgape ~nc~.imbers any unimproved property, any reference to improvements herein ab.:ve ~ontained shall not apply. THIS rhORTGAGE is exec~ted b~ the Ce~trai Bank and Trust Company, Miami, Florida, not personally, but as 7rus!ee, as aforesaid, ~n the exercise cf the power and authority conferred upon and vested in it as such Trustee land Central Bank and Trust Company, Miami, Florida, hereby warrants that it possesses full power and authority to execute this insrrumentl, and it is expressly understood and agreed that noth- ing herein or in said noYe contained shall be construed as creating any liabil~ry on the Mortgagor personally to pay the said note or any interest that mey accrue thereon, or any indebtedness accruing hereunder, or to perform any zovenant either express or implied herein contained, ali such liabil~ty, if any, being expressly waived by the Mor*gagee and by every person now or hereafiter tlaiming any righ4 Or seturity here- under, and that, so far as the Centrai Bank and Trust Company, Miami, ~lorida, personally is concerned, the legal holder or holders of said note snd the owner or owners of any indebtedness accruing hereunder shall Icok solely to the prem~ses hereby created, in the manner herein and in said note providad or by action to enforce the personal liability of the guarantor, if any. This waiver shall in no way affect the persona! I~ability of any cc-signer, endorser or guarantor af said note. IN dVITt~lESS WHEREOF, CENTI7AL BANK AND TRUST COMpANY, Miami, Florida, not personal6y b~.~t as Trustee as aforesaid, has caused these pre~ents to be signed by its Trust Officer, and its corp~rate seal to be here- unto affixed and attested by its Vsce President, the day and year first above written. o ~ v„e. t,~;,:` ~ . ~...e,e CENTRAL BANK AND TRUST COMPAIot~'t~l}'~M~~,,~1:~l~bfJA Rs Trustee as aforesaid aRi~'j~ot ~~a'l~yi;;; .;i` ~ - " ' ~ ~ ' . , , BY- - _ ~ ° j. . / Trust OEfi~er!. ~ l:~ , , / 'i f . ~ . / ee+f c' . Attest__' f----=--- j ----1 , _ ~ ~ t b=it~-Preg+dw°rt and Cashier. ! ~cpy of ~te sfiould be attached hereto. ) a~`~13~ ~g~'