HomeMy WebLinkAbout0334 Qa~icr ur poFet~es ss~d MORTGJ1i,EE ~?»II t~vr the opnon ta eecr.w ind ap~r cns sxne o.~ socounc ot tM ~xlebt~e3~.~ss secur.~1 t~rreba o? ca ~
vrrmit sa~d MORTG/1GORS tu rzceiw and ~:s,a it ~x sr?y part therwf f~x othet purp.yws ~vitM~ut thercby wa:vin~ cr imp~tirir~ any eQltitY. t
t~en o• r~$ht unde~ or by virtua of this I~tartYa~e: and in fM eva~t said MCNtTC.ACARS slyll t~ any rwson fa11 M keep tl+Q said prenrses ~
:.a inwred, or fa~i to daliver PromPt~Y ~sy of said ;~•.iic~es of ~ance ~o u~a tv~oKTt~GfE, w t,~i Pro~h? ro wr ~++~H a~+v ~+UUm ~ne~ztor.
~n any rc~pece fail to perforrn, d:sr.`iareo~ e~cuta, effact, co~plate, canplr wifh ard ab~cle'b [his covenant x an
GRGEE may al.ce and pay tor such inwra+ece o.~+y part thereof rrithout wa~vir? ~ affect~ Y • Y V~~t herxf, said MORT-
6 ~8 ~~Y fitn. ~viN. or tight tr~der or by ~
.utue of this Morteage. and the fu11 amwnt cf erch and avery st.~th payment sh~tl be immedfately dua snd payabte and shall bcar irtcrc~ ,
'r~+n the date thereof until pald at t't~e rsro of six and~ tenths pe~ cent per amwn snd tosatiwr v~r.th such i~tarest shall (+e secu~ed by th! ~
~~en of ihis nwrt~a~e. ~ 11111@ .
4, 70 ~
permit, cawnit or wffer no wute, impairrrmnt or deterio~ation of saici pcoperty or any p,ut tfieroof. ~
S. It is hereby specificalty agreed that any wm or wnx wl,ich may be ~oaned or advsn:ed by the Mortga~ee to the Mort~a~ st ary~
t;me after the ?ecuding of this indentu~e, together with interest tfie~eo~ at the rate agreed upon at the time of such loan or adv~nca, shsU bs
eqwuy secured w;ih and have che same pr~oriy ss ~he o~i8tnal indebted~ness, and be wbject w aU the temu aod provisk~ns of this mortga~
P?ovided, that the ag~regate amou~~t of pri~cipa) outstanding at u~y tlme shail ~ot exteed an arrwunf equsl to one F~undred and fifty par cent
(150~it of the printipal amoix~t origimlly s..~cu~ed hcreby.
6. To pay all and singubr the costs, charges a~d expenses. including a neasonabla attorney3 ke and cosis of absnxt of title in-
curred oe paid at any time by said MORTCAGEE because or in fhe evmt of tht failure on the part of the said MORTGAGOR to duly~ prumptty ~
and fully perform. discharge, execute, effect, complete. comply with and abide by each and evtry the stipulations. agr~vements, ~aid+tiwu `
and coverwnts ot said promissory note and this mortgage any or either. and said costs, charges and expenses~ each and every, shall be ~
~mrnediately due and payable; whethsr or not there be notice. demand. attempt to collectq~~ pe~d'ng: and tF~e full a~rwunt of exh and f
every wch payme~t shall b~ar interest irom ths date thereof until p~Id at the rate of sFx ar+d~3Ftent~ per tentum psr amum; and all said :
costs, cha~ges and expenses so incur~ed or paid, togethe~ with such i~terest. shall be secured by the lien of this mortQs~e.
7. That i~ the ovent of any breach of thts Mortgsge or default on the part of the MORTGAGOR~ or (b) in the e~rent any of said
sums of naney herein refe?rcd to be not promptly and fulhp paW within thirty (30) days ~ext aher the sarr~s seveaNy 1:ec+ome due and p,ayable.
w;thout d~ w rwtitc. or ~d in the event each and every the stipulatiau, argeements, ca~dltions and oover~ants of said prami~ay rwte ;
and this mortgage any ot either a~e not duly, promptly and tully performed. discharged; executed~ effetted, compbted oornptted with snd
abided by, t!~ in either or any wch eve~t. the said aggregate wm ~nentioned in said promisw~y note then ra~sWng unpatd. with interest
accrued, and all moneys secund hereby. shall became due and pay:ble forthwith. or thereaiter. at the option of saW MORTGIIGEE. as iully
and completeEy as if all of the said wms of ar.x~ey were originally sNpu(sted to be paid on wch day, a~rything in saici pro~njuory rwte a k~ •
rhis Mortgsge w the contrary not witiutanding• and the•eupa~ or thereafter at the option of said MOR7GAGEE. witFaut notioe o? de~rwnd,
suit at law w io equity. may be proaecuted as if all monies secu~eci hereby had matured p~ier to its institutan.
8. That Fn the event that at the beginning of or at arry time pending any suit ~pon this Matgage~ or ta foreclose it, or to reform
it, or to enforc~e payrnent of any claims hereunder, said MORTGA(',E~ sha!! apply m tF~e Court haring jurisdittion thereof for the appointn~+t
of a Receiver, such Court shall forthwith appoiet a Receiver. of saicf morigaged property all ~d singular~ including all and singular the
inc~r~e, profits. issues and revenues from wf~atever source derived. each and every of which. it being exprossly undarstood, ts hereby r+~ort-
gaged as if specifically set forth and desc~ibed in the granti~g and habend~un clauses hercof. and such Receiver shall have all the broad an6
effective fur?ctions and powers in anywise entnnted by a CaM to a Receiver. and such appointment shall be ~r?ack by wd+ Court as an
admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the adequacy or inadequacy of the value of the
p~~~Y ~SaB~ a~ t~ se~vet~cy or insolvenc~r of said MORTGACAR w the defendants. and that wch rents. profits, inoo~~es, issues
and revenues sF,all be applied by such Receive~ aocording b the tie~ or eQuiry of said MORTGAGEE and the prattice of wch Court,
9, To duly, promptly and fully perform, dixharge. execute, effect. complete cArnply with ard abide by each and every the stipu-
tatioru, agreements, conditioru and covenants in said promiswry note and i~ this mortgage set fortl?.
] 0. That in the event thr ownership of the mortgaged premises, or aoy part thereof. becomes vested in a person other thare the
MORTGAGOR. the MORTGAGEE, its successors a~d ass;g.~s, n,wy~ v,nthout notice to the M!JRTGAGOR, deat with wch uxc~o~ or wecesw~s
in interest with reference to this mortgage and tF~e debt hereby secured in the same rnanner as with Mortgagor without in any way vitiating
or dixhsrH~~6 ~~8~8a's Itability hereunder or upon the debt hereby secured. No sale of the premises F~erebY ~B~Sed and ne forc-
bearance o~ the part of the MORTGAGEE o? its succeuors or usig~s and no extension of the time irx the payme~t ot the debt hereby secured
givEn by the MORTGAGEE or its successors or assigns. shall operate to release. dixharge, nwdify. cFnnge or effett the originat liability of -
tt,e MORTGAGOR herein. either in whole or in part. ~
11. It is specificalfy agceed that Nme is of the essenoe of this aontract and that no waiver or any obligation {xreunder or of tF~e
obldgarion seaired hereby shall at any tFme thereafter be 1+eld to pe s wairer of the tertra hereat or of the inshument sewred hereby.
iN WItfVESS WHEREOF. the said MOR:CJIC,OR has hereunto stt his hand and seal the day and year first afotesatd.
Signed, Sealtd and delivered in prese~oe of:
~---_~i.J. <„~Z'c_k~-_~_~ ~
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Ag s Hibshman ~
r:.- a";~'~ t~--'----!7~~ - .cs~+u
STAT OF FLORIDA
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; COUNIY OF~~L _~,UCle -
; ~„e a~„i~, .~,?,d __AGNES HIBSHMAN, a free dealer --1----------_. ~c
~ ]CiXY~1HC to me vrell known, and knawn to me to be ihe individwa dstt,ribed in
j and who e~cetutld the fwegOiflg instrurtlent. and aCknO~wled~ed befOfe nne that thly exeCUteci th! Saiite fOr th! P~~Paus tl~ein a~resssd.
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November
~ _ •:s..•, y f f~r ~~~jd and officist sal this-----,-~ - ---day of--------------------- . ~ ~9 _66_ .
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i ~11~} Wotary Pubiic in snd forthq State of Flaida at Lsrte.
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