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Home My WebLink About2235 - r`f ~ . poticy or policies said MORTGAGEE shalt have the option ro receivs and apply tne same on acca~t of the indebtedness secured hercbv or m pe?mit said MORTGNCORS to reoeive and usa it or any pa?t thereof for othe~ purposes without thereby waiving a impai~ing any equiy, lien or nght under or by virtue of this Mortgage; and I~ the event said MORTC,AGORS shali for a~y ~eason fail to keep the said p~nises . so inwred. ot fail to deliver promptly any of said pollcies of i~surarxe to said MORTGAGEE, or fail prornptly to pay fully any premium therefor. • or in a~y respect fail w perfam, diuharge, execute. effect. complete. corttply with and abide by this cover~ant, or sny psrt hereof. said MORT ~ GAGEE may place and pay for such inwrance o? any part thereof without waivi~6 w sffecting any option, lien, equiry. or right under or by ~ virtue of this Mortgage, and the full amount of aach and every s~xh payment shall be imnk.diately due and payable and shall txar interat ~ from the date thereof until paid at the nte of six and~ tenths per cent pe~ annum and togetha? with such i~terest shali be setured by ths licn of this mo~tgage. 11~116 1. To permit, tommit w suffer no waste, impairment o? deterioration of said property o~ any part thereof. t ~ 5. It is hereby specificalty agreed that any wm or sums whith may be loaned or advanced by the Mortgagee to the Mortgagor at any ! time after the recording of this indenture, together with interest thereon at the rate agreed upon at the time of wch loan or advance. shall be ` equally secured with and have the same pNwity as the origina) indebtedness, and be subject to all the temu and provisions of this mortgage: + Provided, that the aggregate amount of principal outstanding at amr time shal~ ~ot exceed an amax~t equal to one Iwr~dred and fifty pe~ cent (15046) of the p?incipal amount originally secured hereby. 6. To pay all and singular the costs, charges and expenses, including a reasonable attomey's fee and costs of abstract of Ntle im curred or paid at any time by said MORTGAGEE betause w in the event of the failure on the part of the said MORTGAGOR to duty, promptly ~nd futly perform. discharge, execute. effect, oomplete, comply with and abide by each and every the stipulations. agreements. conditio~s ~ and covenants of said promissory note and this mortgage any or either, and said costs, charges a~d expenses, each and every. shall be immediately due and payable; whether or not there be notite, d:mand, attempt to collect or sii~j,~g{~~~g; and the full amount of each and , every wch payment shall bear interest from tha date thereof until paid at the rate of six and7~~M4ff~S pel centum pe~ amum; and all said ~ costs, cha~ges and expenses so incur~ed o? paid. togeiher with wch interest, shall be secured Dy tl~e lien of thls mortgage. ~ 7. That (a) in the event of any breath of this Mortgage or default on the part of the MORTCJIGOR, or (b) in the event any of said sums of•money herein referred to be oot promptly and iully pald within thirty (30) days next after the same severaly becon~e ciue and payable, without derrwnd or notice. or (c1 in the eve~t each aod every the stipulations, argeements, ca~ditions ar?d covenants of said promissory note and this mortgage any or either are not duly, pranpty and fuly performed, discharged, executed, effected, oornpleted cornplied with and abided by. then in either or any suth event, the said aggregate stxr? mentioned in said promissory note then ratnaining unpald. with interest accrued, and all moneys secured hereby. shall become due and payable forthwiti~, or thereaher. at the option of said MORTGAGEE, as fully and completely as if all of the said wms of nwney were originally stipulated to be paid on wch day, anything in said promiuory nore or in this Mortgage to the tontrary not withstanding; and thereupon or thereafter at the option of said MORTGAGEE, without notice or demand. suit at law or in equity, may be prosecuted as if all ma~ies setured hereby had rr~atured P?ior to ifs institution. 8. That in the event that at the beginning of or at any time pending any wit upoo thls Mortgage, or to forecbse it. or to refomi ~ it, or to eoforce payment of any claims hereunck~, said MORTGAGEE shall apply to the Court having jurisdiction thereof for tha appointrt~mt ; of a Receiver, wch Cou?t shall forthwith appoint a Receiver~ of said mortgaged property all and singular~ including all and singular the ~ income, profits, issues and revenues from whatever source derived, each and every of which. it being expressly understood, is hereby mort- gaged as if spetifically set forth and deuribed in the granting and habendum tlauses hereof, and wch Receiver shall have all the broad and effective functions and povrers in anywise entnuted by a Court b a Receiver. and such appointment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTG/1GEE, and without reference to the adequaty or inadequaty of the value of the property mortgaged or w the solvency or insolvency of said MORTGAGOR or the defendants. and that such rents. profits. incomes, issuea and revenues shall be applied by such Reteiver aocording to the lien or equity of said MORTGAGEE and the p~attite of such Court. 9. • To duly, promptly and fuly perform. discharge. execute,-effect, comptete comply with and abide by each and every the stipu- ; lations, agreert~ents. conditions and cove~ants in said promissory note and in this mortgage set forth ~ 10. That in the event the ownership of the mortgaged premises. w any part thereof, becomes vested i~ a person other than the ~ MORTGAGOR, the MORTGAGEE, its wccessors and assigns, msy, without notice to the MORTGAGOR, deal with wch succeuor or wtcessors ~ in interest with referer~e to this mortgage and the debt hereby secured in the same manne? as with Mortgagor without in any viray vitiating ~ or discharging the Mortgagor's IlaWlity hereunde? or upon the debt hereby secured. No sale of the premises hereby mortBaged and no fore- i bearance on the part of the MORTGAGEE w its wccessors or assigiru and no extensio~ of the time for the payment of the debt he~eby secured ; given by the MORTG/1GEE or its wccessors or assigns. shall operate to release. discharge. modify, change or effect the original liability of ~ the MORTGAGOR herein, either in wlwle o~ in parL ~ 11. It is specifitally agreed that time is of tfie essence of this tontract and that no waiver w any obligation hereunder or of the ~ obligation secured hereby shall at any time thereaker be held to. be s waive~ of the tem~s hereof or of the instrument sewred hereby. ~ Bned. Sealed snd delivered in pr~nce of: • ~ i ~ ' - (SE/1U ~ ~ ~ ------------------------15E/1U ~ ~ ST/1TE OF FLORIDA ~ COUNTY OF~--- ~ ~ Before rr?e pe?sonslly appeand and ~ _ - his wife, to me.well known, and rne to be tfie individwk destribed in and wFw exewtsd the foregoina t~ and ackr~owled~ed before me that they exetuted the same the purposes therein exprosssd. WITN nd and officist seal this-----------d~Y of---------_. /1. D. 19----- Nohry Public in and ior the Sbte of Florid~ at L~r~e. _ uy .~nn..,~e~e.. - A . W ___~o ~ y~ = ZQZ ~ : A _ >o~ x N ~ , _aN~ o ~~o . ~.T~ - _ ~ ~ ~ ~ i . : ~ H ~a~ a o~ T~M W;° V ~ ~ ; V ~ ~ O ~ < m H ~ Z A ~ ~ ~ ~ ' ~ Bo ~1 4 ~E ~ _ _ 2231 . _ ~ . _ - _ _ - - : ~ ~ _ _