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HomeMy WebLinkAbout1058 r # ~ .i j ~ ~ va~h a Oaki~s s~id MORTG/1~GEE sF.~ll h~w th~ aption t~o noMw and a0p~y 1n~ aanr nn aoco~r+t ot th~ M~d~bt~drwta s~o~+~ ~wrbv ar ~w . p~nMt ~aid MORTGIICQRS to raoNv~ and ua 1~ a~n~? pwt ti+~~of fa o11w~ur~o~t witMut tM.~b~? w~ivi~ o~ 1w~O+i.Y~ +~I? ~M. r li~ o? und~. o. b~? vi~tw oi tMs Mwt~: and in Ily ~w~t f~W liAORTGr1Wit5 ~N fo. any r~wan bil w Ic«p Hit dd pnwii~s a M+~a fail ro d~Uw• P~~Mb ~Y of aid oollolw of M~wrnno~ to sNd MOR a bN paptM w O~f? iu1M ~Mr 0~~~ ; o. M+ a~r nsp~ct fail w pKfo.en. diid»~t. ~+aa+b. Ntiet. aonpMt~. canpl~r wieh in~ b1? H~is cairwwK. a anv pKt Iw+oi. t~id MOR? ~ CAC~EE mh? Plio~ ~nd p+y ta wCh hwana o?ae~? pwt 1Mi~of wiThout w~irl~ a? optio~ INn. ~v~ib. or ei~t u~+d~ a a virtw of tF~s . and tM tull aniou~k of Nch and ~ud+ pa~nr~ek Mrll b~~ imr~in~i~ dut and pt~r~bb and ~ b~sr int«~t fron? Mr d~M o~a ~t N,• ~ ei ht~ ~ t~M p~? anw~w and toipH~ with sud~ int~~t slrll b~ »arrd b!? M~ - ~ +ws ~s.s.. g one-quarter 4. To p~~n~it; oorndt a iuffK ~o w~t+r in~i~~nR or dN~rioatio~n of »W pra~rty ar s~ry p~t thKwf. S. It i~ F+K~by spedfic~llY a~re~d tl+~t any sum or sun~ wl+ich m~y b~ IoMwd or advrticd bl? M+~ Mortwpt w th~t Mat:a~o? at +rM Nnw ak~ tM noordin~ of this k~d~ntun. toptMr with Intwrst tl~on af th~ ~ah a~?«d upa+ n tfr t~ of ~+d~ Io~r? or sdvarc~. d+~N b~ eqwlly s~cund with and I+~vt tl+~ s~ prlaib +s tM aitb+N Ir~bt~k+tis. and b~ wbject to sll th~ ten~s and 0~~ of tNs ~o~tis~ Provid~d, that tFr s~~a t~ anw~r~t of pri~cipil outstandin~ at arh? tinr ~+SII not ~~oo~d an amo~nt pwl to one itiundrrd and fifty pM arK (150~i) of ths p?incipl sma~nt ori~inally s~cuad 1+K~by. . 6. To psy all and sin~ular the costs, chs~es snd expa+ses. intiudk~ a roasonsblt at~o~ney's t~e and costs of abstract of HtN i+- cur.ed or p~id at any Hme by ssid MORTGAGEE becsuse or in the evant of tM hilir~ on thep~t of the said NIORTGAC'AR to duly. D~++P~b and fu1~Y Pe.forn+. disthsrge. execute. effsct, oaeplete. comP~Y with aed ~bid~ b~? ~ach and ewry th~ stiP~+~+tians. a~na+ts. oa+dtioe+s • and tovensnts of said promissory note snd this mort~ase a~? or eithK. ard sdd oosls. c~».~as and exper~ses. w:h and ewry. si»II b~ iRrnediately due and pay~bis; wl+ether w ~ot t1+~e bs notiae. demaed. ari~enpt to iull amo~a~t of ssch and coats. thar~es amd 'expe~ues so incwred or paid, toQetF~ wit!~ wch nt~nst. swll bs seared bp~~~~~ n of ~na~t/~p. : snd all said ~ of ssid ~ 7. That W i~ the event of any bnst~+ of this Mortgase a d~fiuft on th~ of th~ MORTCJ1it'AR. o? (b) N th~ ~rent an1? r sums of ma~ry heroin referrod w be not p~ompt~y and fuily paW within thiHy (30) ~ys ~+mct sfte~ tha ssms severally Moorne dus and payab~e. 1 without c~e~nand or ~ofke. or (ta in the event ead~ snd a+?erV the StiDUlstio% ar~eements. Corditions and oo~rensnts of ssid promissorl? rwM i and t1~s mo~twN ~Y a Nthe~ sm not duty. P~PtN snd fuiN p~o~d. ~+a~ed. e~a+~d. ef~d. ~P~d ~D~d with and ~ abided bY. thsn in eitl+er or any such evant. the said cp~ regaro sun m~ntia~ed in ssid ~omissory note M~en ednsinh+~ unP~d. with interest ; socn+cd. and silmor~eys seaued heraby. sh~ll beoon+e due snd pa~rsbl~ forthvriNti or ti~aahaf. n ths option of saW MORTCIYGEE. ss full~r ~ and oanpktely u tf all of the ssid sums of ma~ey were ai~inaily stipubt~d to bt pdd on wd~ dsy. anytNn~ in ssid prorni~on? noM or b this Mort~e to ths oontrsry no? witlutan~~; and theraupan or tF~eatter at the optia+ of said MORTGA~GEE. without notio~ or dsnard. suit st liw or in equltY. ~Y be P~ed as if sll monies seCLrod herrby hd nlitured Pdor to its instifution. i 8. That in ths event that st the bsgimie~ of or at any Hn+~ srry wit upan tNs Mortsa~s. a to ~onelow if. or to n/oe~1 ~ it, or to anforoe psymsr~t of sny claims her+e~w+de~. saW MORTGI~GEE sl~ll to ths Court 1~a~rir+~ jurisdiction 1hKeof for Nr appoMment of a R~cei~. wch Court sh~ll forthwith sppoint a Reoeirer. of said ~ prapert~r all ard sin~ulu. Inck~dM~ sli ard si~ulsr tlr inoome. P?efi1s. iswes md revenues from vrhatevcr source de~ived. sach ~wry of whW~. It bein~ e~e~lY ~a~dKStooa. is hrnb~? nwA~ WBad sa if spec.ifica:ly set forth snd described in tF+e grantirq~ and habandun cisuses he~eof. and wd+ Reoeiv~ sh~q hav~s ali the bwd and effective fixKtio~s snd P~~s in snywise entrusted by s Court to a Reosiwr. and wd+ aPPointnwnt sl~ll b~ nndt by wd~ Court ss sn admitted equity snd s msfter of sbsokite right to said MORTGAC,EE. aed without nefern~ce to the adequacy or insdsqwcy of th4 value of th~ arxi rwen~sha~lldbe to the solvency or i~solvency of said MORTG/1~OR e? the defendu+~s. and thst such ~en1s. Profits. inoa+~~es. iswas spplied by wd~ Reoeive. aocordir?~ to tht lien o~ oquit~? of said MORTGI1iCEE and the pactios of wch Coat. . .9. To duly. Prwnptly snd fulb Perform. discharge. exsa+l~. ~ffect. eompkte oomPb with ard abWe b~r each and ewry the stiW- latia~s. agroements, aaditio~s and oover+snts in saW pr~aniuay note and tn ti~is nwrt~sp sat twfh. 10. That tn the event the ownership of ths enort~ged P~~. a~Y w•t theroof. beoo~r~es vested in s pe~sa~ ottw tMn th~ ' MORTGAGOIt~ tfie MORTGAGEE. its wocessors and assiipns. n+aY. without notia to ths MORTCJIGOR. da~at with such suooessor ar suooessors s in interest with referenoe to this mortgage and the debt i~eby securcd in the ssme marner ss with Mortgsgor without in arh? vw~r vitistin~ ( or ~schar~ing the Mortgsgo?'s Ilability heraw~ds~ o? upon !Ir dsbt he~r~bY seourod. No sak of fhe Prer++ises I~eby nwrt~sd and no foro- ~ bearance on the part of the MORTG/1GEE o? its wcoe~ors or s~i~ns and no ~otte~ion of the time for the pryrnait of the deht hereby seourd given by the MORTGAGEE or its suc~o~s o? mig~ns, shatl opente to relwse. ~sd~ar~e. rrwdHY. dwKe or eHrtt tlie ori~insl liability of the MORTGI?GOR herein. either in vvFwle or in ps~t. _ 11. It is_specificslly agreed that tirrr is of th~ euenot of this oontnet and thst no waiver a any abliption hsnurder ar of tFr obliQatian sewred hereby shall st sny fime tfisr~aahw bs held to bt a Malivrr of the temts heroof or of tht instn~nent seour~e~d Mndrf/• ~ Sealed and deliverod in pros~nce df: i ~ -------~V --_____~A.-- - - ---t5E/1U STATE OF FlARI~A 1 } s ~ ~ouNTM o~----~_____---- ~ • ' i e.f~o~e m. oe~sans~b sppsaroa - ~ ~ and who tueaitsd ths and sclv~arvled ~ before me that'they ~execvted ~ tor the prposes ,tMreln~ expresse~d. ~ f i ; ~ WITNESS n+'f~ snd ofHciat sesl this_--+ -d~Y of ~ . A. D. 19-_ Notary Publk in srd for the Shte of Florids st lsr~e. ~ i - ~ A ' . ~ s W _A _ ~ o w W - o A =ZgZ ~ ~ a » ~ o ~ ~ ~ ~m w ~m~ - ~ o a=°` ~ ~ ~ ~ ~ ~ H w;~ v . ~ A Z f~~~ ~ ~ ~ ~ Z ~ p~ Fd' o - = < q 1~ ~ ~ ~ ~ . ~ p . ~a8~c185 ~1059 ~ , ~ ~ ~ - . . ~ . , . . . - a ~ - ~ - ~ : • ~ - ~.n~~ ~ 4, - - - - ~ _ - ~ "~;~y~ ~ ~ ..~~~'Ss-...9~-~ s^