The URL can be used to link to this page

Home My WebLink About2615 ~ i pollcy w poficies sa;d MORTGNGEE shsll have the aption to receivs and spply me sam~ on aocwmt ot the indcbtedr?c,~ss securod hercbr or to pe~mit said MORTG/~GORS to receivc and use it or arry part thereof f~ ot1~ purposes without thereby waiving or impai~in~ any equiy. lien or right under or by virtua of thls Mortgage• and in the event said MORTGJIGORS sh~ll fo? any reason fail to keep the said prcmises so inw~ed. o? fail to doliver p~omptly any of said policies of inwtance to said MORYGJIGEE. ar fail p~omptly to pay fully any premium thezefor, or in any respett fail to perfortn, discharge. execute, effett, tomplete, comply with and abide by this covenant. o~ any pait hereof, ssid MORT• I GAGEE may place and pay for wch inwrance or any part thereof without waiving or affetting any option, lis~. equity. o~ ~ight unds? or by virtue of this Mortga~e~ and the full amount of each and every such payment shall be lmmediately due and payable and shafl bsi~ inte~ast from tha date thereof until paid at !he nte ot six and~'DL2enths pe? cent per annum and together with such interest shall be secured by the lien of this mortgage. 1~11I1e 4. To pemnit, tommit or wffer no waste, impai~ment w deterioration of said pruperty or any pa?t thereof. 5. It is hereby specifically ag~eed that any sum or wms which may be loaned or advanced by the Mortgagee to tF?e Mort~a~ at an time after the recording of this inde~ture, together with interest thereon at the rat~e agreed upon at the time of wch losn or sdvance. shall be equally xcured with and have the same prioriy ss the original indebtedness, and be wbjett to all the temns and provisions of this nwrtgage; Provided, that the aggregate amount of principat ouKtanding at any time shall not exceed an art~ount aqwl b one hundred and fifty per cent (150~Xi) of the principal amount originally setured hereby. 6. To pay ait and singutar the costs. charges and expenses, inctudi~g a reasonable attorney's fee and costs of abstract of Htk ir?- curred or paid at any time by said MORTG/1GEE because or in the evc~t of the failure on the part of the said MORTGAGOR to duly pranptly and ful~y perform, discharge~ execute, effect, complete, compty with ~nd abide by each and every the stipulations. ag?eee~ents~ to~ditions and covenants af said promissory note and this mortgage sny or either~ and said costs, cha~ges and expenses. each snd every, shall be , immediately due and payable; whether or not thero be notite. demand, attempt to tollett or wi '~g; and tM full anw~x~t of eath and every such paymen~ sha11 bear inferest from the date thereof until paid at the rate of six and per centum per amum; snd sll sald costs. charges and expenses s~ incurred or paid. together with wch ~nterest, shall be secured by lien of this mort~age. ~ 7. That (a1 in the eve~t of any bresch of this Matgaga or default on the part of the MORTG/1GOR. or (b) in the event any of said ~ wms of money hercin referred to be ~ot promplly and fully paid within thiry (30) days nexi aker Me same seve~ally bccome dus and payable. , without demand or notice, or f~ in the event each and every the stipulations, argeements~ tonditions and tovenants of said promi note ; ~~Y and this mortgage any or either are ~ot duly. Promptly and fully performed. discha~ged, executed. -effected. completed complied with and ' abided by. then in either or any wch event. the said aggregate wm mentioned in said promissory note tF~en rernsintng unpatd, with ioterost ! accn,ed, and allrr~oneys secured hereby~ shs11 bcoome due and payable forthwith~ or thereafter, st the optian of ssid MORTGAGEE. u fully and completely as if all of the said wms of Rwr?ey were o~iginally sNpulated to be paid on wch day. a~ything in said promissory ~ota or in this Mortgage to the contrary not withstanding; and theroupon or thereafter at the option of said MOR7GAGEE. without rwtice or demand, wit at law or in equity~ may be prosecuted as if all monies setured hereby had matured pripr tp its i~stitution. 8. That in the event that at the beginning of or at amr time pending any suit upon this Mwtgage. or b foreclose it or to reform it, or to enforce payment of aoy claims heneunder. said MORTCJIGEE shal! apply to the Court having jurisdlttian thereof for the appointmcr+t ~ of a Reteiver, wch Court shall forthwith appoint a Reteiver, of said rtwrtgaged properry all and singular, including all and singular the income, profits, issues and revenues from whatever source de~ived, each and every of which. it being e~qpressly undersMOd. is hereby mwt gaged as if spetifiwlly set forth and described in the granting and habendum clauses hereof, and suth Rereive? shall have all the broad st~d effective functions and powers in anywise entrusted by a Court to a Receiver. and wth appointment shall be made by wch Court as a~ admitted equiy and a matMr of absolute right to uid MORTGAGEE, and withoert reference to the adequaq or inadeqwty of the value of the ' P~r1Y ~Bag~ the so~ve~cy or insolven~r of said MORTC/~COR or the defendants, and that wch rents, proHts, incornes, iswes ' and revenues sha~~ be app~ied by such Receiver according to the (ien or equity of said MORTGAGEE and the pnctioe of wch Court. 9. To duly~ promptly a~d fully perfomn, discharge~ execute~ effect, comptete compy with ard abide by each aad every the stipu- latiau, agreements, corxlitions and covenants in said promissory note a~d in this mortgage set forth. 10, That in the event the ownership of the mortgsged premises, or any part thereof, becomes vested in a person other than the MOR7GAGOR, the MORTGAGEE, its suctessors and ass;gns, may, without notice to the MORTGAGOR, deal with suth wttessor or successors in interest with reference to this mortgage and fhe debt hereby setured in the same manner as with Mortgagor without in any way viNating ~ or discharging the Mortgagor's lisbility he?eur~de? or upon the debt hereby secured. No sale of the premises hereby rnortgaged and ~o fore- bearance on the part of the MORTGAGEE or its successors or auigns and no extension of the time for the payment of the debt hereby secured g;ven by the MORTGAGEE or its wccessors or assigns, shatl operate Co release, discharge. modify. change or effat the original liability of ~ the MORTGAGOR herein, either in whole or in pa?t, 11. (t is specifiwlly agreed that time is of the essente of this tontnct and that no waivet or any obligation hereunder or of the ~ obligation secured I,ereby shsll at any time thereaRer be held to be a waiver of the ~emu hereof or of the Fnstrument secured hereby. ~ tN WiTNESS WHEREOF. the said MORTG/?GOR has hereu~to set his hs~d and seal the day and year fi?st aforesaid ~ Slgned. Sealed snd delivered in preser~ce bf: ~ " / . ~L<L - - ~ -Lt/'_I.~'!`y,c'~<SE/1U - ---~!.,~.~--~_--C~?`!`!~!~!v?~ /D ' ~~~~C:~~:L~S (SEAU ST/?TE OF FLORID/1 S5. cour~mr oF__Itl.d.i~?__~iYer Befo?e rne ve?saa~y spvearod ~ARLES W. WHITE snd -----~-Q~.~~-E- ~~E his wife, to me vre11 krawn, and known to me to be the individwls described in and who executed tfie fore~oinQ irutrument. and yacknowled~ed before me that they executed the same for the purpoaes therein exprested. _ WITNESS my hand and official sesl this-.L~ ~ y_------daY ef---------.-----~XO~~--- 1q_66 . - ~ `:i -t~- . / ' :~l 1 . Notary Publ'~c in and fo? tM St~te of Florida st Lar~e. . .~1~IOt8Y'~:~Sl~ MY oommission sxpi.as: / - O`~ ( ~ ~ ' • 4 ~ ! ' . ~ '1 - , \ _ ~IJ T. . ! W`'i rL~'~ . ~ 0 . t . : z a z T1lLUCfE D RECOppEO A A ~ a M ~ Z RECORD VERNj 1jE0~' ai N V; O m W < ~ ~ ,ss ~n o"a ~ ~:j ~ ~ a~ a OCT I 9 AIy 10 : i 3 ~ t~.~ z ~ 14932 V~ S ~ ~ _ - t~0~[R ~•OrTRtiS ~ ~ ao ~ $ W< o A CLERK CIRCUIT COURT ~ ~ ~ ~ 0 ~ R gooK 157 PA~f 214 . , _ . __~x ~,~-~r ~;;.;z ~ ~ . ~ ~ >~;;,4•"s; ' ' ~ r ~ -