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HomeMy WebLinkAbout2476 ~ , ~ 6. Zb pay W wd siugular Ua catts. d~ar~es, expersu and attorney's fees ceaaonably tncunrd oe pald at any tlnu by tAe Mortsa~ee becauae ot aqy detauit as to anY stiputatloe. a~e~eement aud covenant as Lhe aote and tbb Mort~. oe elther, or in a~? wlt os proceed[n~ ~t law ar W equlty to w1?ich the Mortgs~ee shall be and become a p~rqr !n referen~ to the Mort~a~ors fatereat fa the Premtses hercin mortsa~ed. o~ in austatntat tAe Uen or prlorit~ ot tNs Mort~e; tM amounta oi anY wch eodr. chae~g~ expelusr and fea ahall aLo be deemed ~ char~ ~nd ladebtednaa Mcur~Q Mre~ , and be~r laterat at tAe same nte as tl~e prlactpal lndebtedne:~ ~ 7. In the eveat ot ~ 8efault 1n say ot tbe oovenaats ot thls Mort~e. tGe MortQa~e~ is e~cP~Y the ritht, wAfch msy be exercised at any Wne durin~ tAe e~dsteaoe at aay detault and so lon~ as a default sb~ll e~dst, to take po~sea- don oi and hold the premises. arith or wlthout prooe~a ot 4w~ and ooilect uW recelv~e the rentt~ loues and protlts theretmm. with or vNthout taki~g porseado~ oi the premises. and W appty the rents. !*sues aud proIIts to tl~e p~yiaeat ot expenmes, charges anQ amounts due and psy~ble under the provisions of tl~e note and thls Mortga~e. Tbe MortsaQor asdgns and traosfers unto tl~e Mort~asee tAe rdats. Lates and pro8b ot the premisea for the PniPwe atore~ald. Tl~e Wc- Wg oi pos~ion o1 the premises end the collecdaa at the rents by the Mortgagee aluU fa ho wa~r walve the ri~ht oi tbe Mortgege~ to forectoae Ws Mort~a~e beawe ot a detaulL And the Morfgagce mRy. at s~y Wae pending a suit upon t6fa Mort~ase. a~pply to the Court havin~ ~urlsdiMbn oi such sutt for the eppolniment oi a receiver ot W and singular the premtses ~nd the rent~, lsaet and praIIts thereo~ aod thereupon ttee Court sDell iorthwtth, as a stiict matter ot ri~ht !n tbe Mort~s~ee. and without oandderRtlon ot the valne of the mort~aged premises as secudt~ for the ~nounb due the Mort~a~ee~ or the soivency oi any person or perio~u bound for the pqymeat oi such amountR anQ wttLout notice. appolat t reoeivei o! all such pnmises wlth the usual pawea and duties lncludtag We power to ravt the premises and to eollect. We renW thereoi and therefrom, the revenue derived irom sald premises to be applfM to tbe Proper ~rBes and expenaa attending tAe rnceivershlp. taxes and as~e~menb and oiher char~es against snd for the protectlon o! the prembes, tl~e pe?ymeat oi the tndebtedaess secured hereby. or ~s " the Court msy otheiv?lae dlrect. 8. Ii the premiaes. or uUr pact tLereot. is taken ar dunaged under aAy power oi eminent domala or othe~vl~e, tl~a wMtever moneys shell thereby becotne due tLe Mort~ are herebY +~Saed and ah~ll be pald to tbe MortgaYes. wh0. atter deducW?g all resaonaWe costs aad expen~a which maY have beea incurnd by lt tn the oollectlon thenw~ aball app2y the remainder ot the swns recdved to tLe p~yment aad satistactioa oi tl~e fn~dabtedaas secured hereby 1n tull or pro- tanta Any surplus oi such moneys over ~ad above the amounts necessary to Aq? ln iull all ladebtednea~ henby aecured shall be paid to the Mort~sgur. 9. The Ddortgagee sball have We slght at any tlme ~nd tmm tlme to tlme, aM wlthout noUce to or conaent ot eny person. to release any portton oi the premises lrom tltie llen of thta Mortgage aad to extend the time oi p~yment oi all or any part ot the lndebtedness, withont aQecting or releas!.~ the personal liabill;y ot any person ]faWe ior tLe p~ayment oi any sum or Inten~st secured hereby and vvtthout in any.abe alter[ng. varylz?s or dinaidsAing the forc~. eifect or Aen a[ this Mortgage on ali oi tbe primi~es not ~ released tmm the ilen oi this Mortgage by the Mortgagee: 10. This mortgage is subject to a construction loan agreement of even date. _ RECEqrp Q~s' v P: - - 1 H PAYM • CJ ~~A.NT u~ ~C 1XTAlYGIB ~T OF rLG Po~t4AS,~ ~R 2072~ 1~ROp~N~ a? pSe:;t fcr DAHlEt ly, ~u~ St [ucie Covr,ty j~ ~~lES, 1R Coifector ~r ~ ~ ~~N ~LERK ~ The oo~veaants herda cantained :hall Wnd. and the beaeS4 and advantages shall inure to. the rapecave hefr~ ezecu- i toi'a. adnntalstsators. suooesors. and ass~s of the partks tiereto. Whenever used. tbe dngutar number sha11 inciw3e the piural. tAe plursl the dngular. and the use oi anY ~eader ~all Snclude aII ~enders It b iatended that tAis Mortga~e aad ~ the note henb~ ~ccured are made with rrhreace to and sbaZl be eonst~ed as a Florlda ooatract and ~wes~ed by tDe la~vs tAereoL IN WITNES.S WHF9tDOF, the Mortgagor herela named baa heerunto set tils hanrl aad seal the dy? and year ~st sbove aiittea. SiBued. Sealed and Delivered in the Preseace of: , __s•_ .____~'cyi' . (SEAI.) ~1Gianuel Szaparo, a singlL man ' (SF.AL) . : " i • _____.r_.....(SF.AI.) , ; ; . ~ • ' - - - _ ..-••----••-•----_...__-_-•--•-.._..----•-•--------._..._~___._~___.~_--------(SEAL) ~ sa~ 181 ~6 ~ - _ _ ~ :_ti~