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HomeMy WebLinkAbout1901 . ~ . . , 6. Zb p~y W and dn~ular the oosts„ char~e~. expeiws aad attorney's tees ceasoaaDly lncure~ed oe pRW at any tlnu by tLt Mortsa~se beoau~e ot W BelRUlt as W~nY sUiwl~?t1on. a~nemeat aad covenant of the aote uid thlt ~[ort~ap. ae etther. or in ~ sult or prooeedin~ at law or la equfq? to wNch tl~e Mort~agee st?W be and become a p~rfy tn retereaoe to the Mort~s~o~s iatsrest !a tM Premtse~ 1~erela mort~ed. or la sustaWn~ We llen or prloriq? a[ tAb Mort~a~~: tM amounts oc .w? wch coas. cNar~es. expen~es .na tees seau .bo ee aeemea s cnar~. ana indebcednea. .ecur.a h.r.b~? aad bear laterest at the ~nt rate e~s tLe priac.tp~l Indebtadne~s. - 7. Ia the eveat at a default fn any oi the cavenants ot thle MortQaQe. We MortB+~ M e~cA~V ilvea t1~e rt~t?~ whtch m~~y be exercistd at aay Ume duiin~ tAe adsteaos ot aay default and w long as a d~fault shall exbt. to take poase~- sion oi and hold the Pren?isa. witl~ or wlthout prooe~s of law~ wd oollect ar?d reoeive the rent~ ls~ues aad pt+o~b ~ thercfrora. wlth or wlthoat taking poetesdon oi the premtua. and to spPly the rents. Issua a~ prants W tM p~t ot expenaes. chsr8es aad amounb due and payable under the provWo~s oi the note and tlits MortQ~e. ZLe ldort~a~or - udgns and transtera unto tAe Mortga~ee tbe rents. iatues and pmnts ot the premisea for t!?e purpwe atorepW. The talc- ing oi po~edoa oi t!?e premises snd the colleMica oi the rents by the M~ee sMll in no wq ~ratve tLe rl~ht oi tAe Mortg~ee to fore~loae this Mort~aYe beaiuse oi a defsult Aad the MortBagee ma3?. at any Wm pendlna • ault upoa this Mortea~e. aPNY to tLe Court havln~ iurlsdictbn of such suit for the appointment ot a recetver ot all and sin~ular the premlxa and the reats, f~ues aad proIIb thereo~ aud thereupon the Court shall iortl~wltlti as a sWct matter ot ri~ht !n the Mort~ee. and witbout ooadderatioa at the vRlue oi Ne mortgaged premiaes es ~ecudty for the amaunts due the Mortgagee. or the sWveacy oi eW? person or pei~sotu bound for the payiqent oi such smounts~ and without nottce. appolnt a reoeiver ot W such premises with the usual po~we~ and duUes Including the powes to nat tbe premtses and to colleet the rental tl~ereot and therefro~m, tlie revenue derfved tmm said premisea to be applkd to the Proper char~ea and expenses atte~ing the reoeivenhtp. ta~ces ~nd a~ea~ments and other char~es a~sinst and for the protectlan oi the premises. the pwyment oi the lndebtedness ~ecured hereby. or as the Court raay otherwlx direc~ 8. If tDe premiaear or aqy part tl?ersof. 4 talcen or damsged under aqy power oi emL?eui donnain or otherwise. thea whatever monrys shall thereDy become due tt~e Mortgaeor are ~ereby asalgaed and shW be patd to the Mortgasa~. whor after deducting all reasonable costs and expenses rvhich m~y l~ave beea Incun~ed by 1t in the oolleciton thereo~ tball ~APb? the nmaiader ot We smm received to the p~yment ~nd =atis[action oi the indebtedaas secvrM hereD~ 1n inll or pro- tauto. wqy surplus oi such ma~eya aver and above tUe amounte necessar~r to P~Y in fuli all lndebtedness herebp aecured sha11 be paid to the Mortgagor. 9. The Mortgagee sball hsve the rlght ~t any Wne and trom ttme to time. uW without notlce W or consent ot at~p person. to release any portton ot the pnmises from tl~ llen oi Ws Mort~age and to extend the Wne ot payment oi W a~ any part ot the indebtedness. aithout atiertips oe releasins the personal liabWq? oi any person lfable for tl~e paynnent ot any sum or interest secured hereby at~ without in anywi~e altering. varying or d@nWahing tLe foe+ee. ettect or Uen a[ , this Mortgage on aU of the pre~nlses not apedncal~ released trom the Uen ot tl~is Mortgage by the Mort~a~e. ,S ~f ~ 1 + t TLe cavenants hereln o~talned N~all Dfnd. and ffie beaeII4 snd advantage~ shall inure to. the rapectlve hdrs. enmcu- tori, adnilntstratoa. suooes~ors, and a~ns oi the parties bereto. Vflbenever used. the dngular number shall include tLe Dlural. tLe plural tbe ainguLr. and tLe we oi any gaWer ahaII iaclude all ~endera. It 1s intended tbat tbis Mort~ge and the note berebp ~ecured are msde with referenoe to aad tball be conrtrued as a FlorWa oontract end ~rcrned by tbe la~vs thereo~ IN WTTNES4 Vf/HEIi~OF. the Mortgagor herela named has hereunto set his haM aM seal the dqr aod year Mt above written. _ ~ . Si6ned. 3ealed and Del[vered i !n the Presence ot: ~ ' i ~ ~ Go~~Cas ~L~ ~ ! . ~ i . . . . ._..._-•----....._Y.. ~ ro y . a liano . G ~ ' Q~es„~.~ C - -----------------cSEAL) / . ._..(SEAL) ~ ~ i , aooK 170 r~~89~ ~ . . - ~s Yx.-' -t ~ ~ ~ r . „n.~~;.„~& ..,:x. ~ q~+ y}~ ~=3~s . _