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HomeMy WebLinkAbout2960 ' . ~ ~ ,t ~ ~ va+q? or patdss ssw MORTGAGEE sl+.n h.w et,. aaNa+ t~o r.oNw aea .vv~r m. ,a~+» .ooa~nt ot th. u~a.et.a?~s »wna n.n.bv or ti+ p~ndt ~td MORTCACORS to haiw snd u~ k or any put th~nof fa othKQ ~pos~s witFaut tMnb~? waivin~ w 1mp~i~i~ +~1? ~b. It~n a?I t undK or by Wrtu~ of thb Mort~: and {n th~ ~v~+t said MORT~GJ~?OORS d»II ta any nsson fsil to k~ep th~ said pnn+is~s so i or hl) to d~livw P~P~h? +M? of ~W polid~s of ieiau~ to s~id MORT a hll prompty to psy fulban~? M+~~ or in sny ~ttp~ct hll to pK(orm, dlscht?p. tfhet. oompbt~. eamp~Y with a~dC~ by tNs oova+~nt. or sn1? P~t F+~nof. saW MORT G/1GEE may P~ WY for such inw~ aany p~rt tMnof wHhout vwivin~ o? a~any opNon. U~n. pulb. a ~itht und~r w b~r virtw of this Mort . and th~ tull smou~n of wd+ ~nd w~? wd~ P~Y~t sh~ll b~ i tNy dw and p~ysbb aod :hsll bw? intKest fran th~ d~t~ th~ew~unHl paid st th~ wb of ~[and ~i PK t~t M? arrwm a~d toptl,~ with such Mteoat sh~li bt secund by th~ ~ ~ ~.r. seven one- quarter 4. To pKn~it. ooarrdt or wffK no wut~. tn+psimwnt or ~MtafoaHon of s~W prcpeny oi a~y P~ thu~of. S. It is Mreb~? sPecificaly sfreed that any wm a wnns wl,ich naY b~ loaned or sdvsnoed~y ths Mort~a~ee to tM Mort~ssor at anlr tims sfter ths reoordi~ of this i~~dentun, to~ether with intsrost thtroon at ths ate a~re~d upon at the tims of wd+ ban or sdvanc~. shsll bs P~rov'id d. tfi~~H s~a~rc~a~ a~noun~f prie~ciP lu~e st~a~ry ti~ Il~rwt~~oosed~an~amaunt pusl of this na~t~si~ 6. To psy ~II and sin~ulsr tM costs. char~es and ~xpent~s. includin~ a rwso~~sbb attorn~y's fee and aosts of abstrsct of HtN in~ curred o? paid ats~+~? tim~e b~r s•td MpRTG/1GEE becws~ or in tlr ~va~t of the fsiluro on tMpaK of the said MORTGAGOR to dub. P~~+PtH and fulN Psrfam. disd+u~t. exscute. ~ffsct. ccmPl~ts. con+P~y with snd abids by ~scl+ snd wWY the stipulsHons. +tn~ma+ts. aor~tio~s and aovenants of ssid pra~nissory noM and thts rnortpp +~Y or Nther. snd said toats. cF?s~es snd ~xP«+s~s, ~~~Y. si~ll 1~ imn~ediately dw snd payabk: whethsr or not thero bs rwNo~. dKnsod. attemp~~t tM iull smaint of e~ach and every wch p~ym~nt shsil bsu interost from th~ dste thKeof until psid at ths nYe oF~ tia~n p~? a~nuin: ~rd all said costs. d~r~es and expenses sc jncurnd ar paW, to~ethe? with such int~er~st, sMll be sewrod by la~ of this naR~sp. 7. TF+st in th~ ewot of sny Meach of this Mort~sp or defsuk on the ps~t of the MORTCJIGOR. or (b) In th~ ~wnt any of said wms of ma~ey herein roferrod to be not promptly snd fully paW within thirty (30) d~ys next sfter the san~e sevtrally b~ooeM due and payable. without demsnd or notke. or (v in ths avent esch aod avery tM stiPulstio~s, sry[eerne~ts. tonditions snd oovensnts of sstd promissory noM and this mort6+Be ~Y or either sro not duly. q'omPNY and fully ptrformed. ~scharged. executdd. effetted. oomPkted oanPli~d with ard abided by. tl~ in eitF~ or any wth event. the ssid ag~n~ah suRn mantioned in saW prorr?issory note then ramalnin~unps id. with inte~est : aanied. u~d allma~eys securod heroby. shall becomt due snd p~yable fo~thwith, or there~fter. at ths option of said MORTG/1GEE. ss fuily } and aompktely ss if all of tF+e ssW wms of ma~ey wem originaily stipulated 1o bs psid on wch day. anythin~ in said p~omissory nots or in } this Mort~aQe to the aontary not withstandin~; snd theraupon or the~esfter st the option of ssW MORTGACEE. withouf notios o? dsrnand. ; wit at law or in equity. maY be prasecuted as if all mordes sewrod hereby h~d maturod P~ior to ils instituHon. 8. That in ths event that at tht beginning of a at aey Nme pe~din~ s~y suit upon this Mortga~e. a to forotlos~ it. or to reform it, or to eniace psyment of any tlaims he~r~de?. ssid MORTG/1GEE shall spply to ths Court F~vin~ jurisdktion thereof for th~ sppointnxY+t of s Reoeiver. wch Court shall forthwith appoint a Receiver. of said n~ortga~ed property sll snd singulu. inclu~ns sll aod singula~ the income, profits. issues and revenues from whatever source de~ived. esth snd avery of wltid~. it being expressiy unds~sfood. is he?eby mort- gaged as if specifically set fo~rth and described in the granting and habeodum clauses hercof. snd wch Reaiver sh~ll have all the b?oad a~d ! effective functions and powers in snywise entrusted by a Court to s Receiver. and wch appointmsnt shaii be msds by wch Court ss sn admimd equity and s matter of sbsolute right to saW MORTCJIGEE. and without referenoe to 1he sdeqwcY or insdsquacY of the w+~ue of the a~d ~ sha 11~ be applled ~ Reoeiver a~ooordi g the I~Tor equiry of said MORTC/1GEE snd practioe of~wd~~Ca+~s' issues 9. To duly. Prorr~t~, and iully perform, distharge. execute. effect. aomplele oanP~Y witfi and abtde by esch snd every the stipu- lations, agre~nents. taditions and oovenants in said promissoty rwte and in this rrwrt~sQe set forth - ` 10. That in the event the ownership of the mort8~6~ Pr~~ses. or anY Part thereof. becornes vested in a person other than ths MORTG~?GOR. the MORTCJ~GEE, its wooessors and miBns. maY. witFaut notice to the MORTG/?GOR. deal with wd~ suooasor or suoassors in interest with reference to this mortgages and the debt hereby secured in the same manner as with MatBaBe? without in u~y wsy vitbtin~ or discha~ir~ ths Mortgs~a's liability he~ainds~ or upat ths debt herobY secured No ssk of the pr~nnises herebY mo~tBaged and no fore- bearance on the part of the MORTG/1GEE or its wocessors or auigns and no extensioo of the time for the payrnent of the debt hereby sowred given by the MORTC/1GEE or its woassors or assigns. shall operate to reksse. discharge. nadfY. dynBe or effect the origtnal liabiiity of the MORTGAGOR herNn. eiM~er in wMle or in part. 11. It is specifially sgrced that time (s of ths e~noe of this ao~tract snd that no waiver or any obligstion h~r~r+de~ or of tM obligstion seoured heroby shail at sny time thereafter be held to be s waiver of the terms heneof or of ths instnaneet securod her~eby. . { ~I ~ ~U ~ - (SE/lU ~ STATE OF FLORIDA ~ SS. COUN7Y OF " B~fore nN P~~~h ~PPWnd - snd ~ ' Ws wife. to ma wsll krwwn. to ene to be ths individuals desc~ibd in and w!w exewted th~ iore~oin~ instnrnent. snd acknowfed~ed b~fors m~ thst thay enecuted me for the purposes t1~si~ e~d- WITNESS my h~nd ard officisl seal tfiis.- ,dsy of- A D. 19~__ Notsry Publk in snd for ths StaM of Fbrid~ a! l.~?~e. - ~ ~ A ~ ` w ~o ~ ~ w _-ZaZ ~ . A -aM~ z ~ a w ~ - ~ . ~ • Lh ~ a v~,o~ ~ ==W,~ ~ : ~ ~ ~ z ~ A _ ~ ' ~ ~ < E-+ _ ~ ~~?5 ~2~6 ~ ~ o - E ~ ~ - ~ - ~ ~ _ _ . - ~ ~ . : -:f~ _ e~.__:~~~ . _ _ . ~