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Home My WebLink About1991 ~ .t '~,.;1~ ~;1:'•'j . T ~ Paiof? or polid~s taid MOR~CM'+EE swll haw tMN cPNon !o ho~iw and applr te~ tan» on aooount of th~ k~d~btrdr~s Nound hN+~b+? or t~ pemMt ssid MORTGI1iGORS to e~oNw and u~ it or an~r pwt tl~of fw othK~Q ~os~ without tM~+bl? wNvin~ or ier~p~i~ir~ a~? ~uth. Iiee or~i~,t ur~ ar by vittut of this Mo~tp~: ~+d !n t!k rnnt s~ Id MORT~GJ~GORS drll for any n~~on bll to kMp tM sdd Dnmi~ so ir~swd. a fa11 to d~tiwr proniptb +rq? of sNd polfd~s of Irourana to s~W MOR a fitl promptly to pnr Iulb Mw~+iu~a t~r~~.~ or i~ any hsp~ct fNt to p~onn~ ~sclrrp. ~aeuh. tN~t. oo~ryfNt~. comp~f? with ir~i~~d sb~ b~r thb oo~r~ynt. or an1? P~~. s~W MORT G/1GEE n~? P~ P~Y for wd~ h~ano~ orany psrt tMnof without vwhr~+t a a sc~I ~ption, INn, ~quib. a~t ~xd~ a b'!? virtu~ of this N~~, snd tM tull amount of Mch and sud~ P+Y~t sl+~ll b~ in~atNy du~ and ps~rabN s~d ihall b~ tnt~est fran th~ d~» until psW at th~ nt~ of i[~lLand c~nt pK amum and topthK with su~h ht~nst sMl! b~ s~wnd by th~ ~ ~ m«~.. seven e - °~uarter _ 4. To pKmit. oanmit a suff~ no vwst~. inpsinMnt or d~tsriontion of saW DroP~b a~? P~ t~~'+of. 5. It fs hareby spedfkaly asn~d th~t sny wm o. sum~ which n+~Y b~ Iwr~ed w sdvsnad b~r tM Mortsapt to th~ Mort~stor at arh cime aft~ th~ noo~din~ of tl~ kid~ntun. tc~tFw~ with int~st tMnoo st ths atr a~n~d u~pan st ths tinr of wd~ loan or advano~. ~SU, b~ .qwty ~cwrd with and h~w th~ san» prio.ib ss th~ ori~ind ind~btedn~ss. and bs subject to all th~ tKms snd provisions of tMs mo~'tiape Provid~d, th~t tM~t~a t~ an+our?t of pAncipal outstu+din~ st any tims shdl ~ot ~~oossd a~ ae~ount eqwl b ane hundr~d and Hft~r psr ant (150~i) of tM pri~tipa) a~nount wi`ir~lly seCw~d hKaby. 6. To pay ail ard ste~ular tM oosts, ehs.~s u~d e~nsas, k+elu~n~ a rsssonsbb attaney's tes ~nd oosts of abstraet of Htb irn curnd or paW stsny Hm~ by ssid MORTG/1GEE beaus~ or in tMr ~vont of the failun on Hrpa~t of th~ said MORTCJ~OOR to duly. Won+pth :nd tuly perform, disdurp. e~wwt~. efhct. aortipwtr. oomplr with snd aMdt by Wch and ~Y th~ stipubtio~?s. atrwrn~nts. oo~ditions and oo~v~~ants of ssW P+~issaY noM ud M+is mortpp an~? or NthK. ard saM ccsts. ths?~s snd exp~rws, wth and ~wty. shall b~ irtrns~steiy du~ snd psyabb: whether or not thsra b~ noHo~. d~msnd. attempt t~~ • full smount of WCh and every a+d~ psyrnent shall b~s~ iot~at frorn th~ d~» tMreof until psid at ths ate P~? arrK+ro: ard slt taid cosls. d~ snd expenses se incurnd o? pakl. to~ethsr with sud+ int~nst. shsll be setured by of this mort~sp. 7. That W in tM avent of sny broach of this Mort~a~e or dehuM on tht Wrt of the MORTC.AGOR or tb) M tM twnt an~? of saW swns of money he~Nn referrod to bs not promptiy and iully p~sW witNn thirty (30) dsys next aftar tFr ssm~ sawally b~oo~r?t dus and psysblt. witFwut dsmand o? ~otioe. or W in the ave~t each snd ~verN the tfiPubtia+s. a~eements. Conditioes and Covenints of sa{d pron~iuo~y not~ snd ttas mort~~e srh? o? eitF~er aro not duy. oraroty snd fuly perforn~ed, ~sd+~~ed, e~oKUted. effected. oo~r~pbbd ied with and abtded by. than in NtMr or any wd~ evant. the saids~~s te wm mentioned in said P~~Y ~M tFwn rem~inintu ~~a with interost aaruad. ad allma~sys sewred heroby. sh~ll bsaon~ dus and paysble lorthwith. or thercafte?. st the option of saW MORTGAiGEE. as fully and canpkMiy as if all of the s~id s+.rns of monay w~ero ori`inslly stipulated to be_ WW on wd~ dsy. nt in ssW pramissory rats w i~ this Mort~s~e to the oontrsry not wlthstudin~; and thereupon or tttereafter at the option of sstd MOR~GI~GEE. without notke or demx~d. wit at law or in equity. may be prasecuted as if all monies sscurod hereby had n~atured P~ior to its Mstltution. 8. That in fhe event thst at fhe b~gimin~ of or at any Nme pendinQ arrir wit upon this Mortas~e. o? to fonclos~ it. or to nform it. or b enforce payment of any claims hetetxider. sald MORTGI~GEE shall apply to ths Court Frvi~ jtuis~ctiat that~tof for th~ ~p~wlMment of a RecNver. wd~ Court shalt fwthwith appoint s Receiver. of ssW mortga~ed proParhr ~II and ain~ular. includir?~ all snd singular the intort~e, proHts, issues and ?eMerNxs from whatever soutGe duived. eath and every of whith. it beins express~Y unds~stood. is ha?eby mort gaged ss if specifialiy set forth and desc?ibed in the B~+ting and habend~m~ clauses heroof. and such Reoeiver sh~ll have ail ths broad and effective fir~ctions and powers in snyvvise entrusted by a Court to a Reasive~. and wch appointnw+nt shail be er~de by wch Court as a~ adrnitted equity and s matter of absolu,re right to said MORTG/?GEE. snd without ?eferante to the sdequ~cy or in~deqwcy of ths value of the P~~~Y ~6s8ed or to the solvency w insoivency of said MORTG/k'AR or the defenda~ts. and th~t wd+ rents„ Droflts. inoon~es. lswea and ?evenues shail be appliod by wch Rcceive. aooor~fing to the lien or equity of ssW lNORTGAGEE srd tfie pnctice of wd? Ceurt. 9. To duy ~~omprN a~,d tu~y ~orm, d~~sct,a~e, exeum. e~ecr. oonw~ ~vh with and ab~de by esd, snd ew~? ~,e sna,- lations, agreertxnts. taditia~s snd to~renants in saW promissory note and in this mort~aQe set torth. 10. That in the event the ownsrship of the mortB~B~ P~~. a a++Y Pa?t thereof. bxomes vated in s persa~ other thsn the ~ MORTGAGOR. the MORTGAGEE. its woosssors and assiBns. maY. witFwut notioe to the MORTGJIGOR. deal with wch suooasor or wocessas ~ in interest with referente b this mortgage and the debt hereby sxu?ed in the same mannar ss with MortBaBer without in any way viHst(ng . or distht~ins ths Mort~ors U~Wlity i~ro~der or upon the deHt herebY secu~ed. No sab of the P~~ ~~~Y ~6~6~ and no iwe- beannoe on the part of the MORTG/1GEE or its woosssors o? a~i~ns and no exte~uion of tha time for the payment of the debt heroby secured given by the MORTGA~'iEE or its wocessors or s~igns, shall opentt to relesse. discharge. nafiifY. cMn6~ o? effett the original lisbility of the MORTGACAR Fierein. eitMr in whok or in part. 11. It k spstifially sgre~d th~t Hmt k of the essenoe of this oontratt and that no waivar or sny obNgatian hweunder or of th~ obligation secured hereby shsll st sny time ther~safte? be heW to be a waiver of ths terms hereof or of th~ ir~t~nse~i ssturod hereby. . ~ Sitned. Sesled snd ddiwrod in pnsenc~ of: i i - i ~ . . . I • ~ - - (SE/1U ~ - tSEAU ST/1TE OF FtARIDA ~ SS. . COUMY OF------------ 8~(at nN persatilb +DD~~~ a~d his wih. tornw weli known. to me to be ths individu~ls dacrib~d in and who ex~a~t~d Nr for~oins fratnarNnt. and ackr~owl~ed Mfon nw that they exewted me for the purpos~s th~ro4+ exprosad. . WITNESS mY F~u~d and offkial s~al thi~_._____.,-- - ~day of D. 14_~__ . f Notary Pubik in snd. for tht Stab of Florid~ at lsrp. - ~ A ~ w y o ~ ~ W - ° a A ~>o~ x p~q a~ t - Q e O ~ • w = ~ ~ ~ ~ ~ ~ ~ ~ d - ~ ~ ~ ~ z ~ ~ ~7~ ~ig'i~ ~ o H ~ < Q - ~ ~ ~ , aa ~ O, ~ ~ ~ _ ~ , ~ ~ , . , . - .