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Home My WebLink About2873 J. Topac~ all and sin~ular the costs, char~es and s.rpensea, inct:cdin~lc~w~/e~'s fees, rea.sonably incurred or paid a.~~n b tirr~s b~ ~~id .A1ort~a~ee because of t fa,alure on the pa~rt of the said JFfort~a~or to ~perfo~rn,; odmpt~/ with and crbide by each and euer~/ the stipulations, conditwns and covenants o~'sau~ promiasory note and thi8 deed, or eaf.her, a.n.d rvery auch pa~ment shall bear intenest front date at the rate of 6. 6$ per cent. per annu~n. To keep the bwildin~ now or hereafter on said land insured in ac sum not les8 ~n dollars, Ln a company or companr,es to be apprnved by said JK~ort~agee, and ~he policy or polici,es held by and payable to said .hfort~a~ee, and in the event any sum of mone~ becom~s payable unc~ler sr~,ch pali,cy or policies, tlse .M'ort~'a~'ee shall have t/ie option to receiae and aJ~ply the aa~ne on accocint of the indebtedness hereby .~ec~cred or to permit tlie .hfurt~a3sor tu receive a»d r~.se it, or any pccrt thereof. for other picrposes, withorct tlterebJ wai~ing or im~pairang nny eqi~ity lien or right under or by v~rtue of this mort~a~e, and ntay place a»d puy for szcch insurctnce or c~nJ part thereof, without wa.ivt~ag or ~aj~}'ectire~ the option to foreclose or any ri~ht hereunc~er, ccnd each and every such pacyment slur.tl bear intere.st fro~n c~te cat tlte mi.te of per ceret. per annum. 6. To per~nit, com~nit or suffer no wa,ste, i~npairment or deterioration of said prnperty or any part thereof. 6. To perform, comply with and abide by eccch and every the sitpulations, ag'ree- ~nents, conditions acnd covenants in said prorroissory not~ arul in this deed set forth. 7. If dny of sa,id sums of ~noney herein referred to be not promptly and fully pa~i~ within thirty c~ys ~r.ext after the same severally become dr~e and payable, or if each ccnd every t,lce stipuldtions, cc~reements, eonditions and covenacnts of said promissory note and this deed or either, ccre not duly performed, corrcplied with and a,bided by, the sacid a~$reg'ate surri mentioned in sacid promissor~ note sha,lt become due and pcayable forthwith or thereafter at the opti.on of the .Mort~a~gee as fully and completety as if the sa.id aggregate surra of dotlcZrg was origincclly stipulated to be paid on such dccy, a.nythin~ in said prnmissory note or herein to the contrary notwithstanding. 8. Tl~e JKart~cc~ee mcty, a.t any tt~ne while a suit is pending to foreclose or to refornt tJisa r?wrt~a~e or to enforee any ela~i~ns ccr~sing hereur~der, apply to the eourt havin~ juriadiction thereof for the appointment of ac receiver, and si.cch court s/uall forthwith ~ppoint a receiver of the pne~nr,ses and all other ~rnperty couered here br~, includin~ all ctnd sin,~ukzr the inco~ne, prnfat,s, rtnts, issu~8 ar~d revenues frorra wluitever source de- ri~ed, mrid suclt reaeiuer sl~all hceve a,ll the br~ad and effective functiong ctn~ powers in ctn~/wise entrusted by c~ court to ac receiverdnd8uch ctp~uointment shacll .be rraade by such eourt a~ an. odmi,tted equity and a mcctter of absolute right t~, sccid JKort~agee, and without rafer~nnce to the adequa,cy or ireadequacy of the value of the prnperty nwrt- ,~a~td or to the sotvency or iresotvency of scr,id JKort~agor or t,lee defendaantg, cznd such ! ancome, prnfits, rents, isSUes mr~d revenues ~rhall Le oppliert by ~uch receiver accordiz~ ~ to tJ~ li~~s of this mort~age and the pna,ctice of such cour~. . ( ~ ~ . ~ I ~ ~ ! - ~ ~ ~ ~ - ~ ~tt ~i~es$ ~i~rr,~nf, the aatd .JKortda~or hereunto set~s his hand and ~ seal the day and ~/ear ~lrBt abova writt~.. Si~aed, 3ealed and DeUvered in Presence of: . ~ ~ ~ ~ r~ ~~1?3 P,~2855 , . _ . . , . _ : . _ , . ~ :