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HomeMy WebLinkAbout2821 ' ~ ~ j . ~ policy or policies said MORTCAGEE sh~tl h~ve the option to ~eaiw u~d spply the s~mt on sa~x+t of tM indebtadnes,+ secured 1+nebv a~++ pe?mit said MORTC/1CARS to teotiw and use it o? ar~y p~rt th~rsof for otl~et purposes without thenby waivine w Impairin~ any puify, lien or ri~ht ~xider or by virtve of this Mort~sge; and in th~ event s~1d MORTGAGORS ~all fw sny ro~son hil w ka~p the said p~mises ~ l.~:,~l, a~ io ~l:r~ pmag:lp ~y of sa~ ~eli~~n c~f 1ns•,•~.~e. to said MORTG/~GEE, or hil pranptly to pay tu1H +~Y P~ium theretor. w in any respett fail to perforn+, dischar~e. exetuM. efhtt. tromplet~. tamply with snd ablde by this oova~snt. or sny put heroof. said MORT CJIGEE may place snd pay for wch insuranos or any put theroof without wsivi~g or affectin` aMr option, lian. equity. or ~ight ~x~der or by virtue of this Mo~a~s. a~?d the full smount of each a~d wery wth paymnnt shall bs immediately dus ud payabk a~d shall bear interost from the date thereof until paid st the nte of s1x ar~d six-tenths per cent per snnum ud tos~::~.: r~rith wd~ interest shall be secured by ths lien of this mortg~ge. 4. To permit, tommit or wffer no waste, impairme~t or deterioration of said properfy or any psrt thereof. 5. It is hereby spetifiwlly agreed that any wm or wms which may be losned or advanced by the Mottgagee to the Mo?tga~ at sny time after the rccording of this indenture; together with interest thereon at the nte sg~eed upon at the time of such laan or advance, shall be equally secured wiM and have the same prioriy u the wiginsl iedebtedness, and be wbject to aU the temu and provis~ons of this rr~ortgage: Provided, that the agg~egate amount of princlpal outstanding st any time shsil noi exceed an smax~t eqwl to one Mxmdred and Nfty per cent (150~) of N+e principal amount originally secured he~eby. 6. To pay all and si~gular the costs, charges and expe~ses, including a reasa~able attorney's fee and costs of sbstract of titk i~- curred or paid at sny time by said MORTGAGEE because o? in the evant of the failure on the part of the said MORTGAGOR to duiy, promptly and fully perfwm~ discharge, axecule. effect, comple:a. c:~~y.~~ R~::: .~n. ab~ t;=.-_'~ and every the stipulations. agreaments. co~ditions and covenants of said promissory note a~d this mortgage sny or Mther, and said costs. tharges a~d expe~ses. each and every, shall be immediatey due a~d payable; whether or not thero be notice, dem5nd. attempt to rnllect or wit pend'ing; and the tull amount of ~ad~ and every suth paym8nt shaii bear interest fran the dste thereof ~ti! paid at the nte of six and sin-te~ths pe~ untum per am~un; and all sald costs, charges and expenses w incurred or paid. together with wch inter~i, s+-w:: ::a se...:!ed by the lien of this mort~a~e. 7. That (a) 1n tM event of any breach of this Mortgage or default on the part of the MORTG/1CAR. or (D) ln the eveot any of sald wms c' nwney herein rofensd to bs not promptly snd fully psid within thirty (30) dsys next after tha ssme severally bacorr~e due snd payabls, without demand or ootioe. or (cJ in the event eath and every the stipulations. srgeert~ents. tonditions snd Oovenants o.` ssid promissory noM and this mortg,age any or sither are not duly. prompty snd fully performcd. discharged. e~cecuted. effected. compkted complied with and abided by. theti in either or sny wch event, the said sggmgste wm ma~Honed in ssid promiswry note then rematning unpaW, with interost ' accrued. and allnwr~eys setured hereby, shall become dus and payable torthvrith. or thereaher. at tM aption of said MORTG/1GEE, u fully and campletely u if sll of the said wms of ma~ey were originslly sNpubted to be paid on wd~ d~y. anything i~ s~id oranissory note or in this Mortgsge b the contrary not withstanding; and thereupon or tF~eafter at the option of said MORTGAGEE. without notiae or demand. wit at law or in equiy~ may be praaetuted as if all monies sewred hereby had matured prior to its institution. 8. Thaf tn the event that at the beginning of or at u?~r time pending any wit upon tfiis Mortgage. or to foreclose it. w to reform it~ or to enforce payment of any claims F~eunder, said MORTGAGEE shall apply to the Court having jurisdictian thereof for ths appointment of a Reteive?, suth Court shall fo?thwith sppoint a Receive?. of said mortgsged property sll and singular, including all and singular the incort~e~ profits. issues and revmues from whateve~ source derived, each and rvery of which. it being expreuly understood. is F~eroby mort- gaged as if speciHwlly set forth and described in the granting and habend~~n cWuses hereof. and wd+ Receivoer shall have all tha broad and ~w ~W a.-: ~.~~r a..i.~:~ ~iz:~t~ by a Caurt to s Receiver. and wd~ appointment shall be made by wd~ Court as an admitted equity and a matter of absolute right to said MORTG/1GEE. and without referente b the adequacy or inadeauacy of the value of the property mortgaged or to the solventy or i~solvency of said MORTG/hGOR or the defe~~dants, ar+d that wth rents, proHts, ina~mes. issuea and revenuas shall be applied by wch Receiver aocording to the lie~ or equity of said MORTGAGEE and the pnctice of wch Court. 9. To duly. promptly and fully perform. discha?ge. execute. effect, oomplete eomply with and abide by each and every the stipu- latiau, agreanents. eonditions and covenants in ssid promissory note and in this mortaaQe set forth. 10. That in the event the awne?ship of the rnortgaged prcmises, o? any part thereof. becomes vested in a persa~ other than the ± MORTG/1GOR. the MORTG/?GEE, its wcoessors ard auig~s. msy. wlthout notice to the MORTG/1GOR. deal with wch wocessor or successors in interest with referenoe to this mortgage and the debt hereby setured in the same manner as with Mortgagor without in any way vitiating or dischuging the Mat~aQo?'s U~bility hero~xxler or upon the debt hereby sewred. No sak of the prcmises hereby mortgaged and no fore- bearance on the part of the MORTGAGEE or its s~xcessors or suigns and no extension of the time for the payme~t of the debt hereby secured given by the MORTGJIGEE or its sucussors or assigns, shall opente ro release. discfiarge, rriodiiy. chsn~e or effect the original li:biliy of the MORTGAGOR herein. either in whole or In part. 11. It is speciHcaly sgreed that time is of the euenoe of this aontract a~d that no waiver or any obligation hereunder or of ths obligation setured hereby shsll st sny Hnr~ thenafter bs held to be a waiwr of th~ tenns hercof o~ of the instnrr~e~t seoured hereby. IN WITNESS WHEREOF. the said MORTGACAR hss hereunto set his hand snd sesl ths day and yesr first aforesaid. Si~neJ. Sesled snd deliverod in presence of: , _ ~~yt~.-~ < < . _ J ; ; ~ ~ - - _o_'~-'`~c------ - ~~?u ; ~ - - I ~ ~ ~ ~-YY?~~a~cs~?u ATE OF ID/1 ~ . • • _ - . . courrnr oF St. LuC1e . H. J. MOORE r~~ ; _ 6.fore n+. persa+.~b ~PP~?~d ' _-.~,~~1aa _ VIRGINIA L. MOORE w: ~ ~ .,?en w~,. ~+d ~ ~ ~o pe,, ` : • ~ _ ; - . ~ and who e~cecuted MM forosoir~ instnnfent. ard atknoM?Isd~ed beforo me thtt they e~cetuted the ssme for the f~T~ - - ~ WITNESS my hsnd and officlal sMl this ~ Xl _---day °f-- - - e ~ _ - -r;~ •j~...,`,~' f UIRGI ~ ~ NOiARY Pf16Ua LTAif M IID~M ~t Itr COMMISSION EX~IRfS . M Alf. 1. 196f ± ' ~ - • ~ ro..o. . _ ..•.rt..~o~/1 Nots Publk in and Stste of Florfdr ~t .~#1/~• • " ~ -1 MY ~ ~ . f ~N~Seal Public) A ~ Y W ~ o ~ ~ F11.E0 AND RECOR ~ A`-, s ~ a~ g LUCIE ~ vEFtIF ED ~ ~ q ~ ~ ~ " - Q » ~ Z T~REC~ ~ ~ _ O Q~.~'" - ~ m w , B pM 1 I: 36 an o~o ~ z ~ G6 J11N 145924 ~ Gy ~ ~ o a a . ~ M~ ~ ~-a? ~ R~.S ~ W ~ ~ G~ _y ~ o ~ i: O~ I R CUtT COU R T E y ~ pp ~ * ~ Z ~ A ~LER ~I m < ~ ~ m ~ 0 ;~i . BOOK 47 4i9 _ ~ _ K ~:~.r- -