HomeMy WebLinkAbout0409 i. 1b py? all and dn~ul~e t!k codR cAae~e~ e~a and attorn~y's has rea~oa~byr lncutr~ oe~ pdd ~t aV tlaM
py tM l[oeti~ b~oauM o[ aqp deta~tlt as W se~ sUPuLtlou. asrs~m~at u~d corer~aat ol tM ~ aod Ws Ya~t~at~. ae
MtMr. os la se~ s~t[t or prooeedin~ at law oe la equlb W wAkA tbt ltorts+iM shW b~ ~ad beooa?~ apar~ !s rK~ew~o~
to tl~t S[oet~o~'a 1aLered ia tb~ ptv~a{aes Mreln aartsa~e~ oe ia s~tstaWns tM 1kA or Prfo~iqr at tAlt ~tatp~ . tM
amoun4 0[ ao,~? ad~ oaW~ dMt't~ expe~ws and tees s1,W abo be deea~ad a eharp and lad~bbdns~s ~.vr~d Merb~
uW bear laterwt at tbe ~nr rat~ as t1» prladpo ladebt~daaL
7. It~ tM ewnt o~ ~ def~utt In ~ly ot tLe oowaants ot th{t ~[orts~. tM Dloetsase~ Is aq~eva(j? ilwa th~ eisht.
wAlch myr bt e~areLxd at aq~? tlw~ durlnt tM e~dsnoe o~ W delault a~ed ~ lom~ as ~ dKautt shall ~xtst„ to tat~ pora-
doa ot an~ 1wM tbt pre~aaise~, with ot wltnoutpmoe~s a[ La. and oolleet ~ad seoelv~ t~ re~t~ MNS ~od pe+o~b
tberetrom. v~ith or wftLout takint Poradaa ot the Dr~nl~ and to appy tM rent~. ha~ses and praQts to tM p~nt
d exPee~s~ char'set apd amo~nb dnt aAd pa'aDie under tAs provWons o[ tl~e nob aad tNs ~[ort~~- Zb ~[orf~or
adtns aad tn~utets unto t~e Mo~asa tLe reuts. i~wes and pro~ts ot tbe pc~etnites tor tAt pttepoM ~tora~W. 1Le talt-
ld~oet~ajee~reclo~e ~[ortt+~e becau~e ot ~ d~faultrea4 by the Moetaa~ee sl~W In no wa,~ watw tM slsht ot tDe
wnd the Mo~e~t~as~ ~1?. at anp Wne peadtn~ a wit upon tNs Morts~ appUr to tLe Oovrt bavtns ~urldictlon ot
such sult tor tDe appointment ot a reoaiver ot all aad dnsuLr the prea~es and the r~t~, iswe~ ~nd pra~b tAer~o~ aad
thereupon the Oourt sbW fortA~rltA. as a strkt matter ot rf~dt 1n tAe Mort~ee. and wrlthout oondder/?tton o[ the
valuc ot tAe mort~aYM ptea~bes as acsdt~ for tl~e au~ooab due tM Moct~ee, or the aotvenc~? at aw? Pe~ ~ Pe~
Dound for the p~yment ot such am+~.~h. and wfthout aotloe.+~ppotnt a reoeiver o~ sll sucL pr~nl~es ~ritl~ tM ~sual power
and dutla inctudlag the pawer to ~t t~e premba aad to collect the rental thereof ~nd tt~ereh~oan. tA~ ravenue decirad
trom sata prcmises to b~ appi!ed to t1~ PIeDK' c~arses and expaua actendin~ tl~ e~eoalversl~:pr ta~oe~ aAd areaon~ats
and othtr chse~es ~tnst aod for tl~e prot~ecdoa d tl~e presabeR tAe p~ya~eat ot tM Indebtednas aecur~d MreDp. oe ~
the Court may otLerwlsa dlrect. .
8. It tUe Pnmt~s. os aRY D+?~ b 4tea or danu~M u~der aqr power ot emineAt doaein or tftbe~wrLe. tdn
whatever moneys sAaU thereb~r 6eoan~ due the Mcrt~~or ae+e hereby aa~igned and ~ha11 be P~ to t6e D[ort~, w~
after deductfns all re~aoaable oosb aud expeaees whtcD mq? luvs been Incurred by 1t in the oollecuon thereo~ s~all
apply We remafnder ot tAe wms reoeived to ihe P~yment aad satis[~etlca ~ the 1Mebtednas acured l~reb~r 1n tWl or pro-
tanta My sutplus ot su~ mateys oreT and aDove tLe ~nnoua4 nec~? W Pq la iull all lndebt~ednest hee'eb7 secutrd
shall ee wia co the xort~a~or.
9. TAe Mortga~ee shall have tbe rl~ht at aqY Urne and iran tims to t1me. and without notloe to or oot~sent ot aey?
Persoo. to release any portlod ot the preanises irom the Den ot tlds Mort~a~e and to eztead the time oi p~yment d W ar
aqy put ot the lndebtedneu,, witLout a~eriing or releasins tAe pasw~al liabUiqr ot any peraon tfable for t1~e payrnmt ot
any sum or interest iecttred h~reby and wlthont ia anywrlse dteiia~. var~ins or dlmintsbing tLe foe+ce. ettect or Lesf et
thls Mortgage on all ot the pnmbes Aot speclApl~r rdea~ed lrom tAe lkn ot thts Moctgage by the Mort~agee.
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T6e oo~Pmants ha+ela coatained sLell binil. and tbe baae~ts and ~dwntsges shal! inure W. tbe reapeMive 1~eles. euECa• -
tor~ ad~ntnlstratan. ~ and ad~s ~ the p~tUes hereta WheLever ased, tlie sinsular number sball include t1~e
~ tl~e~te~bereD]? sccn
~ars
ma3e ~~rderr~ to~and shall be o~trued~u
a Florida ooate~act and sarern~ed
b~jr th~
laws tbereoL
( IN WI1'NL~S3 WHEEtEOF. tbe Ma~tgsgor hereia named bat bereunto ~eE his hatW aad ieal tbe ds~? and ~ear Mt
above v?iitten.
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