HomeMy WebLinkAbout0463 d. Zb py? all and da~ulas tM ooat~. char~ea. ~t wd attoraA~ he~ rea~on+?b4 tncue~erd ae pald at W Nm~
by tAe ldortis~ b~oawe ot W detault ~s to aqy stipu4tbu. a~e~eenn~nt a~d oovenaat ot tAe aob aud tbls l[ortsan. ae
no~
efther. or in aWr wit ar prooeedin~ ~t Lw ae !a pult~ to wNcb tAe Mort~a~ee shW be aad beoome • fn r~tereno~
to tM Morts~ori fat~rest fn tM P~misss Mz~eW mortp~ed, or tn ausWntn~ the lie~? or prtorlqr at Id . t1~
amounb ot w wch oost~, e1~?e~eR e~ensa aad lees abW al~o b~ dseaQed a char~e aad laaebtedne~s Mcuerda~~
and be~r laterest at the ~ rate a~ t~ prlnctpal lndebtedna~
Z. 1n uK ewnt ot . aetaulc in w? ot tbe oo~aaav a~ tbt. l~[orc~,~., w. ~[«t~.~se r hwre~b? stwn u~e e+snt.
wWch ma~? be exercfsed st aqy Wiae dnrfni tAe e~oe detautt and so loe~ as ~ detwult sRaU ex1~t. to taia poYe~-
doa ot and lwld tM preznfsa. witl~ or wttlwnt prooas a[ law. ~nd oo~tect and reoetve tM ra~br fou~s and pronts
therctrom. v?IW or witLout Wdn~ po~eWon o~ the premises. and to app~ tl~ r~b. i~eues ~ad pro~ts to tLe pyr~t
ot expenses, charges atW amounts dne aad p~yaWe under tbs provWons ot tbe note and tNi liost~ap. ZLe 1[ort~ar
a~os and transt~s unto tbe Moriga~ee the reah. l~ates and pro~ts ot tbe premises fos the putpo~e atoe~W. ~u tak-
1nY oi poue~ion ot tbs D~nlses ~nd tbe collectian oi the ren4 by the ~[oet~a~ae st~ll in ao wa,~ watw tM rlSht ot tM
Mori6a~ae W foreclose tlds Mcrt~a~e Decause of a default
wnd the Mort~~ee ma3?. at any tlme peadlna s autt upoa thls Mortsa~0. a~p1y to tbe Oourt havin~ ~Isdictlon ot
such suit tor tDe appolntm~nt ot ~ reoefver o! W ~ad dn~lar the premisa aM ti~e rents. Vwes and pronts thereo~ aad
thereupon the Court sball lorthv?lth, as a strlct metter oi ri~t tn tLe Moztp~ee. and without oom~deratian d tbe
valne oi tAe mort~agM premises ss aecndty for tbe aawunts dne the Mort~a~ee. or t6e sWvenq ot W? P~ P~
bound ior the p~yment ct such amounts~ and withwt notioe. appolnt a raosiver at all sucn pranfsa with the ua~lpoweat
and duties inctudta~ tAe power to reat tt~e gre~alses and to coUect t6e r~tal thereot ~nd tIIerefro~a. tM ttivenue d~ived
irom satd premiaes to be appIIed to tLe Proper cLar6e+ and expeiua attmdlnB the recelvenhlp. taues ~nd aoe~cna?b
and other charQes against a~ !or tUe protcctlon oi tbe psemises. tbe paYment of tbe indebtedness s~cured bereby. or ~s
the Court my~ otl~er~vtse dircct.
8. It the Premi~es, or anp part tMeeo~ b taheA or d~an~ged un8er aqy power of eminent danafn or otbe~rlse. ti~sa
whatever moaeys s~sll thereby becane due the Mort~~or are herebY ~Y~ed aad shall be pafd to tbe L[attga=es. wbor
after deducUng all raisoaable oosts and acpea~es wWch aW? have been tncuried bY ft in tl~e ooUeMion theno~ a~ll
ta~nta Any surplus ot ~ch naoneys aver aawl abo~tbet amou~nb to PaY~
i~ indebte~
h~ereb~ ~cur~d
shall be pald to the Mort~agor.
9. The Mort~a~ee shaU Mve the rlght at any tlme aad icom tlme to Nnne, and without aotloe W or oons~t of aq~?
Permoa. W release aaY Portion ot the pre~es imaa the llea oi this Mort~age aad W extend tl~e thae o~ psyment ot ell ae
aqy? Part oi the fndebtednee~. withont aRecUnt o~' rele~dn~ the P~r~ooal 11abWty oi any person lfable tor tbe p,yraent o[
any wia or interest secured hereby aad witlwut in anyoeise alterln~. varytn~ or dimtnlaLing the for~e. dtect or lkn o[
this Mortgage on all oi tbe p~mis~ not spedsally relea~ed irota the llen ot this Mortgage by t6e MortQagee.
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~ 1Le eavenaab herefn contdned shall W~W. and t~e beaen4 snd ad~antagea shall inure t0. the re~ecave helis. ezec~t-
tora~ administratoa, wooesozs, and as~gns ot the psrti~ uereto. Waenever used, the sing~lar number sh~ll include tM
~ plural, tl~e plural tbe dn~uleu'. and tbe use oi any ~des shall lachtde all ~enders. It ts intended tLat this Mo=t~age aad
the note hereby secured are mude with refereace to and rbari be eonstruM as a Fiorida oontrut an~d ~o~verned b~r tLe
la~vs tbereo~
IN WIINES3 WHER~OF. tbe Mortgsgor herein named has hereunto iet h1s haud aad seal the dar aM ~rear IInt
abave wsttten. `
Signcd. 3ealed and Dellvered .
!n the Preseace oi:
i~%'~
~ . . _ , ~ ~ a y TSOtt (3EAL)
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:i.~~~~ . 180~.._~..~e:2~ (SEAI.)
~ Max~I B.
~ ! ~ .....<SF.AI.1
~ y .
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~ / ~ ---------~.(SEAL)
sooK 171 PACE 463
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