HomeMy WebLinkAbout2488 6. 1b p~y W and dn~ulu tl~s oost*. char~ea. expen~sa and atWrney's tee~ reuoi?ab~ incurrad oe pafd at anr tina~
iWtl~e Mort~s~cesuit or prooe~n~ •t~la or ia y ui ~to whic
~the
Mot aad oovenaat of U?e noie tad thls Mort~a~e. oe
~q U? ~+~ee shau be snd beoon~e a p~rty m reterenoe
to the Monga~ors lntet+est Sn th~ premtses herein mort~a~cd. or In sustaWns the Uen or prlortq? c[ Ws Morts+~t~: tAt
amounb oi aqy wcA ca~t~ char~ea. expen~es emd Lees shW slso be deemed a cAar~~ u?d lndebtednas Mc.vtrd bereby
and bear laterest at tAe rann~ rate es tLe prWdpal Indebtedaea.
7. In the event o~ a default Ln any oi the oaveaants ot this Mort~a~e~ tM Mort~a~e is asP~b t~~ ttfe ei~?t~
which may be exerct~ed at aay tt~a durln~ tAe e~dsteaoe at W detault and so long as a detault shW ex1.d, W tak~ pos~er
sion of and hold the premises. with or wftAout procas ot LMr~ and oollect and reo~lve the rentsr L~aes and pro![ts
ttrerefrom. with or without ta~king po~esdai ot tt~e premt~ and to aPP4' tl~e renti la~uas atW pro~ta W tae p~ynatot
oi exPenses. chu'Bes and amounts due and payable under thi? provWaa ot tbe aote aad tAls Mort~a~e. TAe ldort~aQos
assigris and tranden uato We Mortga~ee the rents. i~sues and pron4 of the premises for the PurPwe afoe~essiid. ZUe 4k-
tn8 ai poaaea~lon ol the prrmisei and the collcctian o~ the rents bY the Mort~a~ee shall tn no wsy walw tbe risbt ot tM
Mortgagee W foreclose this Mortgage because oi a deLult~
Md the MortBagee my?~ ~t any tLne pending a suit upoa th1~ Mort~+~ aDPLY to the Court havli?t ~lstlon oi
such auit for tAe appolat~nent oi a recetver oi all an8 dn~ular the premises and the renta„ f~sues and pronts thereo~ and
thereupon the Court aDell forthwith. as a striet nuitt~ oi rl~ht in the Mortq~ee. and ~altAout ooadderatbn oi tae
value ot the mort~aged premises as iecadqr for tLe anwunb due We Mortgs~ee~ or the solvencY at W' Peraon or pera~r~
Dound for the pqyrneAt oi such amounts, aAd withait noUoe. appotnt a reoelvei of all such pr~nises with the usual po~weis
end duties lncludlog the power to tent the premises and to collect the reatwl tAereoi and tiierefro~n. the revenue d~[ved
from ssid premises to b~e ~pplled W t2~e Proper charge+ and expenses attending the melver:hiP. taxes aM weas~nents
and other chat~es against and for the protectien of the prnnlses. the payment oi the indebtedness secured hes+epy. or ~
the Court ms+y othervrise direct,
a It tde prrmise~, or an}? part tMreot, b talcw or danu~ged under any power oi emtneat domafn or othesarise~ tbea
wMtever moneyrs sbari thei~eby becoiae due tLe Mort~a~or are herebY atisl6ued and shall be pald to t6e ldottga~ae~ wh0.
after deducWig all reason~tble oosts aud expen~es wbich may have been iacua+ed by ft 1n the coUectlon tlurca~ ahall
t~o. ~~usr of ~ct?~maareoelve4 to t1~e p~ymeat and tatidactioa of tbs lndebtectnas ~ecund hereDy ia full or pro- .
ahall be paid W the Mort~agos ~ aver and above the amounta nece~sary to p~y in full all fndebtedness herebp ~ecurcd
9. The Mortgagee shall have the rlght at any ttnae aad trom tlme to time. tud without noUce to or coasent oi anp
person. to releaae aqy portion ot the premisea trcm the uen o! this Mortgage and to extend the ttme of paymeat oi dl or
+u~Y P~'~ ot the lndebtedness. wit2wut aQectin~ or releaa~ns the personal liabWRy of any person 1lable for tbe psyment ot
anY sum or fnterest secured hereby and witlaut in any~vlse altedng. varytn6 or d1r~a~aish~n8 the Lonx. eifect or uea o~
tAfs Mortgage on all oi the preiaices not sptciIIcaliy released h~om the tlen ot tNs Mortgage by the Mortgagce.
10: This rnortgage is subject to a constrtiction loan agreeinent af even dafie.
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The o0venants !telelu CuntalAed =hall bind~ aDd the bd~eSts and advantagea shall lntue t0. t~ i+apective heirs. exeCU- i
~ toi'+. administrato:'~. suooa~ors~ and as~ns af the parttes uereto. Whenever used. the singular numDer aball include tLe '
plural, the plural the aingulae'. and the use oi aay ~eader ahall include all Qenders. It fs iatended thet t6is Mortgage an,d i
the note hereby secured are msde with rMerence to aad shall be eoostruM ss a FlorWa oontract and ~averned by the
la~vs taei+coL
! IN WI'17VF~3 VirHEEiDOF, tbe Mostga~or hertin named has hereunto ~et Ws hand and seal the a+~7 and yeu II~st
~ above vnittsn.
~
~ SiBned. 3ealed aud Delivered .
in the Peesence of:
f
f .
~ Manuel Szapiro, a single man~~
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BOOK 1~1 PAGE2Yp0
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