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paiq w policies said MORTC./~GEE shall haw tM option w rooeiw ~~d ~pp~y ths ssm~ vn accaunt ot the indebtedness secu?ed MnOv or m
permit said MORTG/1GOR5 w receive and ut~ it or any pirt tMnof for otF~~~u~poses without thereby waivin~ a ia+p~irins any e~uity.
lien a ri`ht unde. or by virtw of this Mort~a~e: and in tM ~wnt s~W MORTG/1CARS shall fo. sny ~esson fail ro keep tM ~Id prornises
so insu~ed, w fail to deliver prwnptly ae~y of said polki~s of i~uur~r~p to said MORTGAGEE, a fail promptly to pay fully p~emiwn therefw.
ns
a in a~y respect fail to perfo?m, discha.~e. exea+te. effxt. oomplet~. tomply with ud aWd~ by this cove~snt. ot sm? W?t f, ssid MORT
GAGEE maY Plate snd WY fo? such insunnt~ or any W?t tMrrof without vwivin~ w sffettin~ sny cPHon. lie~+. eQuih?. or right undsr or bY
vi.tue of this Mortgage. and the full smamt of sach snd w~ a+d~ payment shall b~ irmwdiately dw and paysbk and shall bssr i~terest
from the date thereof until paid at ths ?ats of Y~Csnd ~~ps? cent pa amum and ta~sthsr with wch interest sha~l bt secursd by tM
lien of this mortga~e. 3@Vell quarters
4. To pennit. cornmit or suHe. no warn. tnpaimn~nt or d~te~ioraNon of said propert~r o? any pa~t tMroof.
5. It is hereby specifically ag~eed that any wm or svnt whith m~y be Iwnsd or sdvanced~y the MoriQagee to the Mortpgo? at sny
time ahe~ the ~ecordinQ of this indentun. toQethar with interost tMnon at ths ab a`ned upon at tl+e tims of wch ban or advsnce. sh~ll be
equa~ly secu~ed with and have the same p.iority u tM ori~iryl irdebtedness. and be wbjsct to all the terms and provisia+s of this mortQaQe:
Provided. that the agg~egate amax~t of principal outstandn~ st sny tlm~ shill not ezc~ed an anwunt eqwl to one h~x~dred and Hfty per osnt
(150~) of the Principal smounf originally secured he~eby.
6. To pay all and singular the cosK, char~es and expa?ses, intlu~n~ a ro~sonabk attornay's tee and coats of abstrsct of title in•
cu~red or paid at any time by said MORTGAGEE because or in the evmt of ths falture on thspa rt of the said MORTG/1CAR to duly, promptlr
and fully perfwm, dixharge, execute, effcct, complete. comply with and abid~ by s~th snd every the stipulsNons. agreen+ents. tonditions
and covenants of said promissory note and this mortgage any o? either. and ssid toats, charges snd expenses. esch snd avery. shall be
immediately due and payable; whether or not there be notite, demsnd, a lett or i II amau~t of each and
every wch payment shall bear interest from ths date thereof until p~W st t~~and anrwm: snd all said
costs. charges snd expcnses so incurred or paid. together with wch ~nt~nst. shall bs securod by~~ of thia na~t~s~.
7. That (a) in the event of ar~y breach of this Mortgage or d~fauk on tht part of the MORTG/1GOR. or (b) in ths event any of sald
wms of money herein ~eferred to be not pranptly snd fully paid within thirty (30) days next aher the same srverally become dus and payabk.
without demand or rwtice. or (c) in the event each and every the stipulaHons. ar~eart~ents. cc~nditio~s snd tovsnants of saW pranixwn? ~wte
snd this mortgage any o. either are not duly. p~omptly and fulfy perfamed. disd~arged. executed. effetted. completed canplled with and
sbided by. then in either or any wch event~ the said aggmgste wm meotior~ed in said promissory note fF~dn ?emaining tu~paid, with Interost
accrued, and allma~eys secured hereby. shall become due and paysble forthwith. w thema4t~, at tM option of said MORTGAGEE. u fu~ly
ar?d tompletely as if all of the said wms of money were wiginally stipulatsd b be paid an wch day, s~ything in ssid pranis.sory nots or in
this Mortgags b the contrary not withstanding; and thereupon or tF+e~eaft~r at the option of said MORTGAGEE. without notia~ or demand.
wit at law or in equity. may be p?osecuted as if all monles sewred hentr~r had maturod prlor to its insNtutio~.
8. Th~t In the event that at the beginntng of o? st sn~r Nm~ perdi sny suit upon tMs Mortp or to io~cbse it, w to retone
it~ or to enforoe payment of s~y claims hereunde~. said MORTG/1GEE shall sp~y to tF+e Court havin~ iu~ian tMreof for the sppointment
of • Receiver, wd~ Cou.t shall fwthwith appoint a Reoeiver. of ssid mortpsed p.operty all and singutar. includi~ sll and sin~ular the
income~ profits. Issues and revenues from whatever source derived, eath and e~rery of vrhid~. it being expressh ~u~de~stood. ts herebY n'wrt
gsged ss if specificaUy set forth and described in the B~~ng and habandurn cl~us~s heraof. and wch Receiver sl+sll haw all tha b+oad and
effective functions and pow~ers in anywisc entnnted by a Court to a Reoeiver. and wth appointm~t shall be n~sd~ 6y wch Court u sn
admitted equity and a matter of absolute right to said MORTCd1GEE, and without rofereno~ w the sde~uacy or insdeqwcy of ths vatus of th~ ~
property mortgaged or to the solvency or ir~solvency of said MORTG/100R or the defendsnts~ and that wd~ rer~ts. proBts. inoon~es. isuw '
and rovenues sh~ll be spplied by wth Receiver socording to the lie~ or equiry of ssid MORTG/1GEE ard th~ prattice of wth Caurt.
9. To duly. promptly and fully perform, discharge, exewte. ~ffett. oomplste oornply with snd abtde by each snd every ttN sHpu-
IaHons. agreements. conditions snd covensnts i~ saW promiuory ~wte and in this mort~aQe srt fath.
10. That in the event the ownerstwp of the mort~s8ed Prennises. or anY Wrt thereof. bscorr~es vested in a pe~son other than tht -
MORTGAGOR. the MORTG/1GEE. its wocessors s~d sssigns, may, without notioe to the MORTWCAR. deal with uuh wocessor or wcosssors
in interest with reference to this mortgage ard the debt heroby secured in the s~me msnnar ss with Mortgagor without in srhr w~y vitiatln~
or dixhsr~lr?s the Mortsa~s lisbilify hereiwde? o? u~pon the debt her~bY sewrod. No s~k of the pr~en~ises F~abY ~8~~ snd no foh-
beannce on the part of the MORTGAGEE c+~ its s~,coessas or usigns snd no enteraio~ of the Hme for the psyment cf the debt F+ereby seaerod ~
given by the MORTGAGEE or its successors or sssigr~s, shall operate to rolesse. disd~a?6e. rnodifY. chan~e o? ~ffett th~ ori~inal lisbiliry of
the MORTG/1CAR he~sin, either In whok or in part.
11. It ts spetificafly agrced that tirr~~ is of the ~ssenos of fhis oontnct and that no wsiver or any obUptian hsrNxider or of th~
obligation secured hereby shatl at sny time tMresfter be Mld to be • waiver of the terms heroof or of the instnunent securod Mreby.
IN WITNESS WHEREOF. ths ssid MORTG/1GOR hss herounro set his hsnd and seal the day ~nd yesr first sforessid.
Si~ned. Sealed and deliverod in prese~ce of:
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STATE OF FLORIDA ?
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couNr~r oF---Indian-~tiuer_-_ ~ ~
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CAROLYN . R. ._BRCJN EN - - - ~ w M?.n w,o~. ~a w~ w ~ w b. tr,. ~~h ~~a ~
and wta ~uted ths for~oin~ instnxnent, and xkrwwl~daed befon me that they executed the sarne for the pu~poses t1+KSin expressed. ;
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