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Home My WebLink About0997 i poucy o~ policies said MORTCAGEE st,all have the option to receive artd apply tne sa~ne a~ account ot the indebtedr~ess secured herebv o~ h? permit sa~d MORTGACORS to receive and use it w any part thereof for other purposes without thereby waiving or impa~ring any equity, lien or right under o~ by virtue of this Mortgage: and in the evenf said MORTGAGORS shall fo. any reason fail to keep the said premises so insured, or fail to delive~ promptly any of said poUties of insuru?Ce to said MORTGAGEE, o: fail promptly to pay fully any premium therefor, o. i~ any respect fail to perform, diuharge, execute, effect, complete, comply with and abide by this covena~t, or anv pa?t hereof, said MORT• } GAGEE may place and pay for such insurante o? any part thereof without waiving or ~ffecting any option, lien, equity, or right under or by virtue of this Mo?tgage, and the full amount of each and every such payment shall be immediatefy due and payable and shall bear interest ~ from the date thereof until paid at the rate ofli~iE and ]GX]fPi(~Kper cent per annum and together with wch interest shall be setured by tM I~en of this mortgage. E1g~1L three-quarters 4. To permit, commit or wffer no waste, impai~ment or dete~iwation of said property or any pa?t thereof. 5. It is hereby spetifically agreed that any wm or wms whith may be loaned or advanced by tF?e Mo?tgagee to the Mortgagor at any time after the recording of this indenture, together with interest thereon at the rate agreed upon at the time of such loan or advance, shall be eQua~ly setured with and have the same priority as the ~riginal indeEltdness. and be subjeCt to all the terms and provisions of this mortgage: Provided, that the aggregate amount of printipal outstanding at any time shall not exceed an amount equal to one hundred and fifry psr cent (150~i) of the printipal amounf originally setu~ed hereby. 6. To pay all and singula. the costs, charges and expenses, ircluding a reasonable attomey's fee and costs of abstratt of titte iro curred or paid at any time by sa~d MORTGAGEE ~ecause or in the event of the failure on the part of the said MORTGAGOR to duly, promptly and fully perform, discharge, exearte, effect, complete, comply with a~d abide by each and every the stipulatio~s, ag~eements, conditions and covenants of said promissory note and this mortgage any or either. and ssid costs, cF+arges and expenses, each and every, shall be ~ immediately due and payable; whethe. or not there be notice, demand. attempt to~6p~i~}or~~sing~~~~4}~.f~ll artw~nt of eath bnd every wch payment shall bear interest from the date thereof until paid at the rate of~~d p~~" t~i?h`p'~r annum• and all said costs, cFwrges and ezpenses sa incurred or paid, together with such interest. shall be secured by the lie~ of this mortgage. ~ 7. That la) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, or (b) in the event ariy of said sums of money herein referred t~ be nof promptly and fully paic~ within thirty (30) days next after the same severally become due and payable, ' without demand er notice, w(c) in the event eath a~d everv the stioulations, argeements, conditions and covenants of said promiuory note ~ and this mortgage any or either are not duly, promptly and fully performed, distharged, executed, effected, completed complied with and ~ abided by, then in e~fher or any such event, the said aggregate wm mentio~ed in said promissory note then remaining unpaid, with interest accn~ed, and all moneys secured hereby, shall becane due and payable fwthwith~ w thereafter, at the option of said MORTG/1GEE, as fully and completety as if aIl of the said wms of money were originally stipulated to be paid on such day, anything in said promissory ~ote or in this Mortgage to the contrary not withstanding; and therevp~n or thereafter at the option of said MORTGAGEE, without notite or denwnd, suit at law or in equity, may be prosecuted as if all rtwnies setured t~eby had matured prio? to ifs institution. 8. That in the evcr~t that at the beginning of or at any time pending any wit upon this Mortgage, or to foreclose it. w to reform it, or to enforce payment of any claims hereunder, said MORTGAGEE shall apply ro the Cou~t having jurisdittion thereof iw the appointmer?t ` of a Receiver, such Court shall forthwith appoint a Receiver, of said mortgaged property all and singular, including all and singular the ` income~ profits, issues and revenues from whatever source de.ived, each and every of which. it`6eing expressly understood. is hereby mort• ; gaged as if specificafly set forth and described in the granting and haberxlum tlauses hereof, and wth Reteive~ shall have all the broad and ~ eifective functions and powers in anywise entrusted by a Court to a Reteiver, and wth appointment shall be made by ss~ch Court as an admitted equiy ar?d a matter of absofute rigfit to said MORTGAGEE, and without reference to the adequaq or inadequaq of the value of the ~ property mortgaged or to the solvency or insolvency of said MORTGAGOR or the defendants, and that such rents~ profits. lncomes. issuea and revenues shall be applied by wch Reteiver atcording M the lien or equity of said MORTGAGEE and the prattice of wch Court. ~ 9. To duly, promptly and fully perform, discharge, execute. effect, tomplete comply with and abide by each and every the stipu- lations, agreements, co~ditions and tovenants in said promissory note snd in this mortpage set forth. ~ 10. That in the event the ewnership of the mo?tgaged premises, or any pa?t thereof, becomes vested in a person oti~er than the MORTGAGOR, the MORTGAGEE, its successors and assigrts, may, without notice to the MORTGAGOR, deal with such wccessor w successors in interest with reference to this mortgage and the debt F~erel~y secured in the sart?e manner as with Mortgagor withouf in any way vitiating or diuharging the Mortgagw's liability hereunder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no foro- bearance on the part of the MORTGAGEE M its successors or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its sutcessors or assig~, shall operate to release, discharge. modify. change or effett the original liability of the MORTGAGOR herein, either in whole or in part. { 11. It is specificalfy agreed tha~ nme is of the essence of this oo~tnct and that no waiver or any obligation hereunder or of the ~ obligation setured hereby shall at any time thereaher be heW b be a waiver of the terms hereof or of the instrument seCUred hereby. : , ~ ~ 'I . Sealed and delivered in presence of: ; I ~ i ~ ` - - - - - t5E/1U - - . . _ _ - (SEAU ' ST/1TE OF FLORIDA l SS. COUNTY OF - - - ~ ~ Before me personally appeared and - his wife, to me well known. a to me to be the individuals described in and who executed the foregoing i ment, and acknowledged befwe me that they executed me for the purposes therein expressed. ' WITNESS ~d and official seal this - day °f------------•--- - - . A. O. 19.---- - a . - - - _ - Notary Public in and for the State of Florida af Larga y ~ - ~ - - - - - - - - ~ ~ ~ ~ ( ~ ~ } I ~ w I V°_ ~ Z~~ ~ e ~ i _az Q ~ A _:>o~ z _ a ; a»~ o ~~o ~ ~.L~ ~ a > E., . ,H ~ ~ ~ ~3i ~ x ~ ~ [p ~Q~ a o~- ~ ~ ` ~ i ~j ~L', ~ ~ :i - A ~ w N ~ ~ ~ ~ ~ < ° A W a ~ ~ ~ ~ ~ o k g~ P~~ .9~~ ~ ~ ~ O ~0~`~' ' ~ ~ , ~ ~r ~s ~ ; LLj , ; : - _ _ , . -