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HomeMy WebLinkAbout2475 ~ ~ 1 6. Zb py? all Rnd sle~ular tl~e oosts. char~es„ expenr~s ~nd attorney's tee~ re~sonably lncurerd oe pald at auy t1m~ by the Mortsa~ee beau~e ot an~r detaWt ~s to aay stlpul~tlon. +~nent aad covenaat ot tbe note and tbis ldot~a~e. ae etWer. or 1n any suit or prooeedlns st law or in equlty to whi¢h the Mort~a~ee ahW be and beoome ~ party W seterenat to the Mort~agori Interat !n tbe premf~es has~ein mort~ed. or In sustaWns tLe llen or prfority o[ thN ldottia~e: tM amounts ot a~? such casta. clu~r~es, exPenses and feea shall aLo be deemed • char`t and ln8abtedne~s NNr~d MreDy end beu Inlerest at the s~me nte as the princtpal lndebtedneaa 7. In the event at a default 1n u~y oi the oo~venants ot tAis Mort~a~e. tAe Moct~a~e b e~cA~tY d~ which m~y be exerciscd at ~ny da~e durln~ ttie e~dstenoe a~ ~qy debult wnd ao loa~ as s de~ault ahall ~xlat. to tsl~e po~e~- aion oi and Aold tAe premisea. with ar wltAout ps+oaas at ls~r. and ooUact u~d n~oelve Ure reah, Lspes and pronts thereimm. with or witltiout taking paresdon oi tde premisea, and to app~? t6e renb. hwes and pronb to tb~ p~ym~at ot expenses, charges and emounL due end payaWe under ths provisions ot the note and Ws Mo~a~e. The l[ortta~or a~eigas aiW tranders unto tbe Moriga~ee ttie rants, loues and pronb ot tDe premises for tt?e purpae ~forepW. Ti~e tak- ing of poa~euian ot tde premisea end the colleMioa ot ttre renb by the ~tort~a~ee at?all in ao wq watw the rl~ht ot tbe MortQs~ee to foreclose this MoitSage because oi a detauli And the MortB~gee maY. at any ttrae peadtng sutt upon tNs Mo~. apply to the Court t~vta~ iuelsdictbn ot such suit !or We sppMutment ot a reoeiver ot sll iwd dn~ulsr tbe premisea and Lhe rents, f~sus ~nd pron4 ther~w~ aM thenupon the Court sball fortharftt~. as a strlct autt~ os rt~ht ln the Mert~a~ee. and withoat oundder~iion o[ the value oi tAe mort~aged premises as secuir[ty for the amounb due We Mort~a~ee~ or the sohrency ot aqy penoa or persons bouad for the paymeat ot wch amounts. aad wfthout nottoe. sppolnt a reoei~rer ot all auch premfsea wtth the usual powas aad duties lncludtng the po~wer to reat tLe prcmLses and to collect the renW Utereoi and thereirom. tM revenue derived trom safd premises to be appUed to the ProPer charges and expeasa atteMing the reoelvenhlP. taxes and a~sea~n~b and other char~es sgainst and for tLe protecNan oi the preiaises. the paymeat oi tLe Indebtcdnas secured hereby. or as the C7ourt myr otheiwlse direet. 8 If the prembes, or any part tl~ereof. 1s taheu or danmged under aq~r power oi emiaent da~la or otber~vlse, thea wMtever moaeys ahari tbereby become due the Mort~or are RerebY a~stgned aM shari be paid to the Mortgs~ee, whq atter deducting all reasoosble costs and ex~ wAicb ms~? have Deen incut~+ed bY it in the ooAectlon thereal. ~all +~PPb~ the remalnder ot t2~e s~ms received to tLe p~ymcnt ~ad aaUdadlaa oi tl~e iMabtednea secured hereb~ in inII or pro- tanto. Any surplus o! such moneys over and abave the amoun4 necessarq to WY 1n full all lndebtedneas lxreb~? aecnred shall be paid to the Mort~agor. 9. The Mortgagee shall have the rl~ht at any Wne and irom tlme to tfine, and ~vithout AoUce to or oonaent ot aq~? peraon, W release any portton of tt~ premises lrom the llen oi this Mort~age and to extend the time oi payment ot all or any part of the indebtedneas. wltLoat asectin~ or releaslnt the pezs~nal llabllity oi any person 1laWe !or tl~e py?ment ot any sum or interest secured hereDy and arithout in any.wbe altering. vaiyin~ or dlminiahing the tarce. efiect or lten o[ thia Mortgage on all of the premises not spectncsl~y released trom the lien ot tlds Mortgage bq the Mortgagee. ~ , { ~ a . s a~ IN PAYMENt OFT11x6~ ~~~~ASS'G' INTANGIBLE PERSON114 ~~E~• ; T~~SP~* ~C~'f1~t19~1. ~ ~ ~ cu~ ns N?. ~~s 5t.1~ ~y Tox Colle~lot r s ~ rurr ~ ~ ~ i L ; i The oe~renants hereln oonWned shall b1n~d. and the beaes4 aad a~vantsges shall inure to. the r~pecave hdes. execu-'- ~ tora, adminlstrators. suooeaso~~, and asd~s oi the parties bereto. When~wer used, the singular aumber shdi include tt~e ; plural. the plural the aingulas'. and tlie uae of aay gender shall include sll genders. It is intended that tbis MortgaBoe and F the note herebp ~ecured are made with referenae to and ahall be oonshved a~ a Flort~da co~tract and ~overned by the ~ la~vs theseoL ~ IN WI1'rTES.S VVHIItDOF. the Mortgagor herein named has hereunto set his hand and seal t6e de~? and year nrst above wrttten. Si~,ea. s~lea :ua neuverea !n the Prese~ce ot: 'I ~ . ~r•w~~ ~ ~ . _...~/!~!~cur . <s~.~ ~ ~ . - " Francis G. Glennan ~ ~ -3~ • - - ~!t-='~-`-~ •--as4~,•--•-- (SEAL) ~ • ° Jea K. Glennan s ~ ; ~ ~ _1~~~~ ~ ---_-__...___...<s~., ; ~ ~ ;y ~ ; ~ , : , , : , ,~~,~~u,~ ~ ' ..cs~.~ i , ~ . ~ ~ ~ ~ ~ - Y~ aooK~70 P~2464 ~ ~ ~ ~ ~ ~ ~ ~ - - , = ~ " H°,~~. . ~ W~