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Home My WebLink About0873 po~icy w policies said MORTGAGEE shall have the option ro roceive and spp~y tne same un account ot ths indebtednoss secured nerebv or permit said MORTGAGORS to reteive a~d uso it or s~y part therwf fa ott+er pu~poses without thereby wsivin~ or impairint aM? oqu(ty, lie~ w ~iQht under or by virtw of tlis Mortg~ge; snd in the awnt s~id MORTG/1GORS shall for any reason fail to keep the ssid promi~es so inwred, o~ fail to dalive~ promptly any of said polities of i~sua~te to said MORTG/1GEE, or fail p~omptly to pay fu1H s~Y premium therota. o. in any respect fail to perfam. disch~r~e. execute, effect, compl~t~, comply with snd sbide by this covensnt. or anv p+n heraof, said MORT GAGEE may place and pay for such inwnnts or anY part theroof withouf waivin~ or sffettin~ sny option, lien, equiy, or ~i~ht under w by virtue of this Matgage, snd the full amount of each sr+d every wch payment shsli bs immediately dus and payabk snd shall besr interest from the dste the~eof until psid at ths rate of 1bKand ~d{flfdf!(~e~ cent pK amum and together with wch interest shall be securad bY thi lien oi thls mortgage. eight one-half 4. To pemnit, commlt or suffsr no waste. impaim~ent or dsterioration of said property o? sny put thereof. 5. It is he~eby specifically ag~eed thst sny wm or wms which msy be loaned w advanced by the Mortgagee to the Mwtgagor st sny time she~ the recording of this indenture, togother with interost thereon at the rate sgreed upon at the time of wth loan or advante, shall be equally secured with and F+ave the same priority as the original in:isbtedness. and be wbjett to all the temu and provisiw~s of this mortgage: Providad, that the aggregate amount of principal outstandin~ at u~y time shall not ezceed sn amaint eqwl to one hund~ed and fifty per cent (1509b) of the principal amount originally securod hereby. 6. To pay sll and singular the costs, charges and expenses, includin~ s resso~wble a~~y 's fee ~nd costs of abstntt of tttk im turred or paid at any time by sa~d MORTGAGEE because or in the event of the failuro on the parf of the said MORTG/1GOR to duy promptly snd fuily perform, discharge, execute. effect, cort~piete, comply with and abids by each snd every the stipulations. agreements, tonditions and covenants of said promissory note and this rtwrtgage any or either~ and said costs. charges and expenses. eath and every, shall be immediately due and payable; whether or not there be notice, dert+and, stte~npt hps4t~t~ ~~~~~;t?d ths full amount of eath and every wch payment shall bear interest from the date thereof unti) psld at the nte o~~t per cantum per annum; snd all ssid costs. charges snd expenses so incurred or paid, togetha. v+~tF~ wch ~nterost. shsll be secured by the lion of thls mortaage. 7. That (a) in the event of any breach of thFs Mortgage or default on the part of the MORTWIGOR, w(b) in ths event sny af said wms of money herein referred to be not promptly and fulty paid within thirfy (30) days next after the same stvenlly become due and payable, without demand o? notice, or (c) in the event eath and everr the stioulations~ argeements. conditions and cov~ants of said promissory raM and thls nwrtgage any or either are not duly. promptly and fully performed, discharged, executed, effected, completed canplied with snd sbided by, then in either w ar,y s::th event, the said aggregate sum menNo~ed in said promissory ~ote then remai~ing unpaid, with interest souued. and altmo~eys secured hereby, shall become due and payable forthwith„ or thereafter. at the option of said MORTG/1GEE. as fuly and completely as if all of the said wms of maney were originally stipulatad to be psid on uxh day, anything in said pr~ntssory note or in this Mortgage to the cantrary not withshnding; and thereupon or tF~esffer at the option of said MORTGAGEE, without notice or dertund. wit at law or in equity. may be proaetuted as if all mo~ies setured hereby hd matured prlor to its irutitutian. 8. Thst in the avent thst at the begiru?iog of or at any tims psndin~ any wit upor~ this Mortgage. or to foreclose it. or to rotorn? it, w to enforce payment of aMr clairru hereunder, said MORTGAGEE shall spply b the Court having iurisdiction thereof for ths sppointmmt of a Receive~. wch Court shall fo~thwith sppoint a Reteiver, of said mortgs~ed property all and s~nguWr. including all and ~ngulsr ths intome. profits, iswes and revenues from whatever source derived, eath and every of which, it being e~ressly understood. [s hsreby mort ga8ed u if specificalty set forth and described in tF+e granting and habendwn tlsuses hereof, snd suth Receiver shall have sll the broad snd effective furxtions and powers in anywise entrusted by a Court to s Receiver. snd wch sppointment sF+all be rr~ada by wch Court u an admitted equify and a matter of absolute right to said MORTG/1GEE, and without rcferer~ce M the adequacy or insdequacy of the value of the property mortga6ed or to the solvenq or insolvency of said MORTG/VGOR or the defendants, and th~t wch re.~ts. profits~ lncomes. iswa and re~enues shall be applied by wch Receiver aoco?ding to the lien o~ equity of said MORTG/1GEE and the pnctice of wch Court. 9. To duly. P.omptly and fuly perform. discharge. execute, effect. oomplete cornply with and abide by each a~x! avery the stipu- (ations, agreements~ conditioru and covenants in said promissory note snd in this mortQaQe set fo?fh. 10. That in the event the ownership of the nwrtgaSed pramtm. or smr part the?eof. becoma vested in s person other N~sn tF+e MORTC/1GOR, the MORTGAGEE, its wccessors and assigns. may, without notice to the MORTCAGOR, deal with wch wccessor or woceuors in interest with reference to this mortgage and the debt Ixreby setured in the same manner u with Mortgagor without in any way viNatina or distFarging the Mortgsgor's lisbitiy Fxre~u~der or ~pon the debt he~eby setured. No sale of the preinises hereby mortgaged and no fote- bearance on the part of the MORTGAGEE n. Its wccesso~s or assigns and no extension of the time for the payment of the debt hereby secured given by tF+e MORTGACEE or its wcceswrs or assigns. shall operste to rokase. disd~arge, modify. change or effect the originsl lisbllity of the MORTGAGOR herein. either in whole or in part. 11. It is specifially agreed that Hms is of ths essenoe of this aontnct and that no waiver or any obligstion t~ereunder or of tM obligation secured hereby shall at sny time thereaher be held to be a waiver of the terms hereof w of the instrument sewred heroby. Signetl. Sealed and deliverod in presence of: ~ (SEAU i - - ---t5F1?U = STATE OF FLORID/1 ' SS. 's COUNTY OF-------------- - Beforc me personaly sppearod and - his wi(e, to me well krwwn, kr?own to me to be the individuals described in and whe executed the iwegoinQ t. and ackrwwledged beforo me t}~at they execut same for the purposes therein exprased. WITN nd snd official seal this---- ----day of_~__ _ /L D. 19__. - Notary Public in and for the Shte of Florida at l~rge. ~ A ~ ~ W . ~ o o ; ~ W z Q ~ . A ~ A V O ~ ~ ~_a0~ o vk ~ v. ~q~o w ~ ~ ~ eoac 18~ ~ 8 t ~ ~ ~ ~ ~ p az°~ t~/~a~ d - ~ -=w°° ~ aa~~ ~ ~ - ----A~o W H~o ~ ~ ~ ~ ~ A ~1 a°Ca ~ ~ ~ ~ 0 ~ ~ ~ ~ , . ~ . ~ . .x ~ ~ ' ~ ~ ~ ~ s - - ` ~ . ~ _ ~ ~ ~ ~ . ~ a - -