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HomeMy WebLinkAbout1164 i ~ ~ ~ i poucy or p~:ida said MORTC/1GEE shdl h~w tM optbn to ~~oNw and ap~p1Y tt» sam~ an aooou~~t of tM i~d~btdne:s »cwrd Mrebv or ~a P~mit s~id MORTGI1~i0RS to naiw ~rd us~ it or aMr P~ ttr~of for oMwr without th~nby w~ivM~ or imD+~rin~ +n~r.~iM. Ihn or ~i und~r or by Wrtw of tNs Mort~ap: and in th~ ~K aid MORT~~~S sfyll fo? arry n~~ hil t~o k«p tM aW P~~ so i~or hil to ddiw? P~'~Wb ~+l? of aid polkia of N~a+o~ to s~W MORTGJICEE. ar fail prompty to ps~r tulh?a~r P~~ o. ie any ?apect fsii to wrfo?m. dkcFyryh. ~c+o~+t~. ~f(+ct, aomoltt~. canply with ard abid~ by thts aov«,w+t. a any w~ ~sof. s~W MORT GIVGEE m~y plaw and p y for wd~ intwana orany psrt thKwf without wriv4+s a ~~u7 opfia+. ~ia+. ~b. or ~i~t?t u~d~r dr b9l vi~tw of this~, and tht full anwunt of ~ch and~wr~ wch PaYm~nt sh~ll bt i Md due and pay~bb snd sMil b»r 1nt+~t from th~ dat~ tMroof unHl p~id at th~ at~ of tix and six-tenths pK c~nt pa anx~n ard Mptl~ with sufh intrnst shall bt sewnd b~r t!~ Nan of th~ mort~a - 4. To pemiit, oonw~dt a wffK ~o wasro. impalrm~nt a<Mteriorstion of said propKty or sny part th~hof. S. 1~ ~ henby spadfical asreed ttnt sny wm or wrr~s MA~kh maY be Iwrxd or advsnced b~? the Mort~a~e eo th~ Mortp~ at any tims aftar tM noo~d'i~ of this ~turo. lo~~thx with inbrost ttnraon st tM a!e sL~eed upon ~t th~ Hmt of wd~ {orn w ad~?ar~ shell be . eqwlly acured with and haw tM san~t Priorib as th~ ori~l ind~bt~dness. snd be wbjett to all tM terms and prvvisions of this mo~t~apc Prowdsd. that eh.a~a ts amaunr of ~p.l outsan~W~s at any ttn~. ~a11 rwt.~oe..ed an.ma,nt.qwt eo or?. hundrsd and Hi~y p.r a~t (1 SO of the pri~N'aN f amount ai~in~l ly secured Mroby 1 6. To pay all and sin~ulK ths ousts. dti~s and a~ens~s htludi~ a roa~a~bb attorney's fes ar?d oosts of abstatt of tltb in- curred or paid ata~r tiens by ss~W uMORTG/1~t;EE~P~+. ~+P~Y rvit~h andfabids by NCh~and twry tha~stiPula strM~Ywnt~s, oor~No~s and fuliy perfam, dischtne, and aovenants of said pro~r~issory nots ana tNsmo~t~~ ar~? or MthK and ssid ooats. cFyr~es and sxpe~es„ wd+ and ewry. ~11 b~ immedtatey dus and WYabk; whether or not thero be notia. dsmar~. attempt to ooll~ct or wit Da~n~: and th~ tull an?ount of each snd every wch paym~nt shsll besr Int~nest fran tM date tl~eof unNl p~W st the ate of slx snd six•t~nths ptr antum pK s~wn: snd ali sald coats. d+~rses and s~anses so inaurod or Pa{d, toQetMr with wch interost. shsll b~ s~wrod bY th~ IUn of Mis er~ort~ap. 7. Th~t W in tM event of any b~ath of thts MoA~ or d~fauit on ths part of ths MORTG/1~rOR or (b) in th~ ewnt arqr of tsW wirK of ma~sy h~Nn nf~nd to b~ not pranptlr ard tully psid witNn thirty (30) days rnxt aftK th~ wrw sawr~fly bwom~ dw and p~yabb. without denwd or ~wtfo~. a(tl in tM ewnt wch srd ewry th~ stiPulations. +?t~en~n~s. ca~ditia~s snd oo~wn~nb of sdd s~ory not~ and this e?ort~any or Ntl+a? an not duly. P~D~h? ~nd tully p~fornisd. ~oswted. ~fiocbd. ~ wtth ~nd abided bY. tl~en In Ntha or any w~h ~wnt. the ssid~~ wn m~?tbnsd in~promis~o~y oot~ M~en renwiNn~ with Mtsnst +ocn»d. sod all securod Fxnb~?. sMtl beooms dus and payabi. fortF~wiH+. or t~~fror. at ths optian of ssid TGA~EE. a fuly and oompbtel~? as ff a of th~ saW sans of mo~ta~? vwn ori~in~lly stipulst~d to bs paid ao wch d~y. in sNd prwnistory noq or b~ thi~ ~ to the oont?ary not witFutu~n~; snd tF~pon a t~af~ at tfie o~io~ of satd MOR~GAG~. without ~otia or d~d. sutt st law or tn puNy. may be prasewted as if all monies sscurod F~rb~? Md mriured p~io? to ib institulion. . 8. Th~t in ths erw~?t that at ths be~imin~ of or at any tims P~di anY suit upon tNs . or to forrclos~ it. or to nfarm it, o? to anforos ptyment ofar~y clsirns har~sundK. asid MORXGII~CEE shall app~jr to the C9urt Fyvtng~ ~t~ion thsreof for ths aPPd~Mw~nt of s Reoeiwr. wch Court sMll fathwith sp~poi~et a R~oeiwr. of ssld mo~d property all and sin~ulu. inclt~din~ sll u~d si~ubr the ineoms. Pe'cftts. iswes and rove~ues from whste~re? souroe deriv~sd. Mth e~r~ry of whkh, it~i~ ~u~Y undastood. ~s twnb'f~ mort` gsged ss if specifialh? set io.th snd dssMbd in ths ~ran:in~ and F+~ba~dtim clsuses henof. snd wci+ Reoaiv~e? sh.ll havs all the brad ard effective fixKtia~s and pow~s tn anyMrise entrusted by a Court to a Reaivar. and wd+ appdetrtNnt sFnll be rnsds by wd~ Caxt ss an admitted eq~dty snd s metter of ~bsoluN ~isht to said MOR and without rehrcnce to the adequs~.y or ~dsqwcy of the vslue of ths a'rt~ fBtiaTiU~~ i~~til ~8 $~i~ hjt WC~i ~80i~v'~ it~.BT~ti~ 8~ ~i M~y~ f~ ~ Id ~T~ ~ plSCl~CQ p~ KlC~l~' L'puK 1SSN0? 9. To duly. P~on+Ptl~? and fulh~ Pe?form. ~?!e. ezewte. efisct. oompiets eon+Pb with and sbids b~r esch and rvery ths stipu- ' IsNa~s. a8r+anems. canditlar~s and ooranants in s~id poo~rassory oob and in tFtls mort~a~s srt iorth. 10. Thst tn the avent the ov~Np of ths mort~s~ed P~~emises. or anY Put thereof. beoanss vested tn a Pefsa+ othx tl~n th~ MORTCJIC)OR. ths MORTCI~GEE. its woces:o~s and assip,s, msy. wiN~ouc noNes to N,s MORTGAGOR. dssl with wch suooessor or s~,ooasas in intarost with roferenoe to this mortgsse srd tM debt heroby sewnd in the ssme msnnsr as with Mortgs~or without in ar~y way v(tisN~ or discwry~irK th~ Mo~s~or's Ilability I~sd~ a upo~n the d~bt hueby sewrod. No ssk of the Promis~s iw~eb'Y morc~sd and no ~on- bearanoe on the part of the MORTCACEE or its wooss~ors or aui~ns and no extensia~ of ths time for tM psyment of ths debt Mroby maued t e MO TC,IIGOR haroin. eitMr in whols or in ~K,~' shall openb to rekue. disd~aRe. nadify. cFw~p or ~ff~et th~ ori~(n~l IisWUty of obli~sti n'sswnd~ ~d~+sll~ ~tMr thKwftK b~ h~W to bs a vr~iwr of tt~ms I~orf o~r of tl~instnx~i+~nt t~aurd 1Mnbyof th~ Si~rwd. Saled and dtUwrod M pns~na of: . ~ , ~ , f` { ! . . . ~ ~V ~ _ - --~(SE/1U STATE OF FI,ORIDA ) COUNTY OF_ 1 ~ 8~~on nr vs~sa»~h? ~vqsnd . sn~i his vriM. to nr w~ll kno~wrti uwwn to mt to b~ th~ individuak dacrib~d M snd wFw tx~outrd th~ for~oirK . and seJcnowbdpd b~for~ en~ that tt~r ~~aeut for tM purposa tlwrrM~ ~p~wd. WITNESS and offkisl sNl lNt.~- -d~f? of-r------------- A. D. 19-. Nobry Publk in snd for t1r Srat~t of Florid~ ~t L~rp. ~ . A ~ , W ~ v o ~dEt ' . - W z t ~ ~0 . _ A = A > o ~ x ,~~~~,~.s a ~a N o ~i~~,,~~,•c~+~ „ - W < ~g ~`st ~ ~ , ~ ~ ~ ~ ~ F , ~ S ~ J~CI~ ~ t~"~ , ~7~~ ~ r~ ~ : ~ .~i ~ q,~ Y~ ~~0? ~ _ ~ ~ ~ ~ c~ W ~ ~ ~ o - _ * ~ A d d . ~ ~ ~ o - ~ ~ . , _ , r. ~ ~ - ~ ` ~t'. r~. . t . ~r .'41~ .r~yqa0'_" ::!~iyA' y-~~Y'-.' '.~'=r:j.:'~ . . .~._-~..~_~r - n'' .