The URL can be used to link to this page

Home My WebLink About0515 7. To peranit~ commit, or anQer. no waate. ia?~~n ent or detesloratioa oi uid pmpert~r or Ray part tbereot aud to Wce ~11 necessary steps to prsvent wne; snd Lo keep tae Duildiags now or Asreatter situate on wid bnds in as neuly ss poa+ible tbe ume order and condition of repair u they now sre or u tAey tn~.y bs wheA pl~ced upoA eaid laadi; and to do or to paranit to be done to wid premi~es notAia~ tha! wiU iA aa~wa~ imp~ir or wea!cen the securlt,y oi Lhis mort- gs~e That the mort~s~ee mq determine in its wle di~cretioa wheWer the i~rego3n~ portions of thbpa ph ara be- in~ complied wIlh aad, for tbi~ purpose, tbe mortgagee shall have the sight to inspect tbe mo~t~sged praop~e~y at u?y reasonable hous oi the day. Th~t, ii the mort~agee deteraaines that the fore~oin~ portioiu ot this par~rapb have not beea complied with. it msy perloran such a~.~ snd tt mq autl?or~e workmen to eater npoa the preniises at reawnRble houss for the purpoee oi making sepaics ~nd sll axpen~ei w incursed by the mor~~ eha11 dnw interest at the rate oi ei~bt pes ceatum per annum irom the date thersof. and. together witl~ iatereat, be aecured by this mortgs~e. It ia understood that the mortsaQee does not hei~eby usume reaponsibilit~ or lisbiliqr ior t~he care or supesvision oi sny of the mort~a~ed propsrty. 8, TUat ifauy at the snm~ of money herein refersed to and/or hereby secured, be not iuUy paid ~vitl~in ffiteen days aezt atter the ume severaUy become due and paysble~ except ~s provided iu ParR6raph 3(b), sbove, or ii t1?ese pa u?y brsach of this mortgage or detanlt hereia on the psrt oi We mostQa~on, or ii eacb u?d evesy the covenants. agreemeats. conditions ~nd stipnlations oi ea~h asid promisaory note and af this mortgsge are not promptlp aud fnlly perloraaed, then in any at~ch event, the s~id sggregate sum aecured herebY. ezcept unearned intereat~ leas previoua psyments, ii W, sh~ll become dne and payable forthwith or thereaiter. at the optloa oi the mo ~s ih117 and completely aa ii or[ginslly atipnLted to be paid on such dste snything in aaid promiswry note an or ~n tbb mor0- ga~s to the contraq notwithst~nd ; and therenpon. or t~ereaiter. at the option oi the mo gee . without notice or dem:nd. snit at law sad/or in eq~ty. tharetotose or thereaiter begun, raay be prosecuted u ii sU ~ums hareby secured had matvred pt3or to its i~stitndon. ~ 9. That Mortgsgon benb asaiga, traasfer aad set over to Mortgagee. np to the amount of tLe total indebtedaeas seeured hereby. alT awards oi ~ in coane~tloa with tbe condemnstion of any ot eaid property for pnblic ase or tor iq~ury to sny part thereot. and the pr~o¢eeds ot all snch swuds. witer pa~aent oi sU nasonable ezpenses inenrred. includ- ing fees for ettorneys repreaeatin8 l~or~a~ ia u~ proceedin~ in whicb any auch award is mule, shsll be pdd to Mort- gagee to be appiied npon the indebtedness 7~erenader in snch manner as Mortgagee msy oleei 10. That time ii oi the easence oi tbls eontract aad no waiver o! an~ oDligation herennder or oi the obligstion secured hereby sh~ll at any time thereaftar be beld to be • waiver oi the tesans hei~oi or oi the note secand hereby. il. Withont aReet !he lisbilit~ of any person (ot6er than sny person released pnrauant hereto) for payment oi any indebtedness hereby. ~nd withont agecting the prlority or ezteat oi the lien hereoi npon sny pmperty not apeciBcaAy nleased pnrs~ant hereto, Mortgsgee m~y at u~y time and irom time ta time, withont notice and without Umitstion aa to in~ 1e8a1 r18ht os privilege oi l[ortgagee: Releaee aqy person liable ior paymeat of any indebtedncss aecured henby; (b) E:tend tbe t[me or agree to slter the terias of payment oi W oi the indebtedaess; (c) Aecept additional secnrity of any kind; (d) Releaae u.y pmp- erty securIug tLe indebtedneas: ~(e) Coasent to the creation oi any easement on or over the premiaes or uiy covenaata restricting nse or occnpancy thereof. • 12. To dvly pertorm, comply with and abide by each and ~verq the stipnlationa. conditions and covenants in asid , ~promissory aote snd in this mo=tgage set forth. 13. To give immediste notice by mail to the mortgagee oi any conveyance. tnnsfer. or change of ownerahip oi the premises. ~nd to pay a reaaonable fee to the mortgagee to cover the expense of chaaging records. 14. T6at the mailing of a written notiea or demand addreaaed to t6e owner of record of the mo~~ei~p remiaea. or directed to the ssid owner at aaid mort~aged premiees, snd mailed by the United States mails, sha be-au~cient notice and demand in sny case arising nnder tbis instrnment and reqnired by the pmvisions hereoi or by bw. 16. As additionsl security tbe l~ortgsgors do berebp tranafer. aasign and set over to the asid Mortgagee, its sncces- aora or sasigns, sny and sil rents now dne. or to become dne. on the above described premises or any separate rental premise appnrtenant thento. wbich ar~e aitnated on the land above deecribed; auch renta to be collected by or at the direction ot the Mortgagee. its anceeaeors or sasigns, and the net proceeds thereoi to be applied to the indebtedness here- inbefore secnred, as and when the asme ahall beeome dne snd psysble; and for the pnrpose of carrying on~ this pmviaion the Mortgagora do by theae pnsents. conatitnte and sppoint aaid Mort~SBee, or ttie suexeaaora or sasigns oi the said l~ortgsg~ee. $s his, her or their hve and lawinl attoraey-in-fact. to collect any and sll renta for aaid above described prEmisea, az~reasly anthor~ing the Mortgagee or ib snccesaora or asaigns to receipt tenants therefor~ and do by these presenta rat~iy sad con8rm wny and all acts o! ssid sttorney-in-fact in reLtion to the foregoin8 I?ower. 16. Mortgsgors, withont Srat obtaining the written consent oi Mo~gage~ thereto, ahall not (a) the renta, or any part thereoi irom the mortgaged premisea, (b) consent to the modiffcstion. csncellation or s~nrr~er oi any lease of the mortgage~ premises, or any psrt the~eof, now eziating. or her~after to be made, having u? nnezpired term o! one yesr or more, or (c) collect renb irom the mortgsged premises for more tban one t~lonth in advance. ldorltga~ora wi11 turnish l[ortgagee copiea of any renewsl lesaes encumbering asid property and will ezecnte instsuments oi ssstgnment ~ and pledge thst mortgagee may reqnire as sd~itionai aecurity. ~ 17. That in the event the Mortgagors lail to pa or discharge aaid tazea. asseasments, liena and inrnmbrances, or ssid costs. charges and ezpenses. or fail ta lceep sai~premises insnred or to deliver the policies, premiums psid~ or fail to repsir the said premises, aa herein agreed, the Mortgagee is hereby antborised st its election to pay and/or discharge said t~ea. asaaasments, liens and incnmbrsnees or a~y part thereof, to pay aaid costs, charges and espenses. to procure ' audps y for snch inaurance or to mslce andpa y for snch repsirs. withont any obligation on ita part to determine the validity or necessity oi aay thereoi snd withont the Mortgagee waivin8 or a8ecting suy optlon, lien, eqni~y or right nnder or by virtne of this mo~g~ , sad the iaA amoant of each and every anch payment ahall be immed'utely due and payable and s6a11 bear interest from the date tbereoi until psid st the nte of eight per centnm per annnm, and, together with sach intereat. shsll be secnred bp tbe lien of this mortgage; but nothing herein contsined ahaU be constraed aa re- quiring the Mortgsgee to advance or spend moneya ior any oi the pnrposes in this parsSrsph mentioned. 18. That if any snit absll be institnted to iorecloae or reform this mortgsge and~or to enforce p~?yment oi any clsima hereander, the Mortg~gce shsll be entitled to spply at any time pending snch snit~ to the Conrt having jnrisdiction there- of, for the appointment oi s Beceiver oi the mo~~d property snd oi all snd singulsr the rents. in~.wme, pm8b, issnee snd revennes thereoi irom whatever sonrce derived, each ana every of which are ezpresaly mortgaged by this instra- ment; and it is hereby ezpr~s~ coveaanted and sgreed that therenpon snch Conrt ahxll forthwith sppoint a Reeeiver oi ssid mo~~ prop~~y, wnd ot all ~nd~~~ tbe rents, income, proata. issaes and revennea thereaf irom wba~ ever sonrce derived, wlth -the nsnsl powers sn~ dntiea oi receivera in liice cuaea: and anch sppointment shall be made sa s matter of strict rlght to the Mor~a~ee, snd withont x^eference to tbe adeqnacy or inadeqw~cy o! the ratue of the prop- erty hereby mortgage8, or to the wTvency or insolvenc~ oi the Mortgsgora. ~ Florida documentary stamps in the amount of $ have been placed on the original martgabe note. ~oww No. ~us.scs-ss~ ~00~1~ ~ y~~~ ~ ~ _ ,~r`- ~ ~ : _ ~c~~~ .