Loading...
HomeMy WebLinkAbout0737 ~ ~ „ va~cy a po~idss ~id MORtCA~E~ sha11 hsw th~ option ro nalw a~+d pWY tn~ snM en sccount ot M» lndrbtdnas s~cu~eo ~x.~bv a M pKmit said MORTG/1GOR5 1o nqiw and ua it or ~~t Mwrol fa othM Q ~po~t without tl»reby waivin~ w in+pai.in~ an~? ~qulb. li~n a unda or by virtw ot this Mort~: and k~ tM ~K aM MORTG~IGORS ~H to• snr n~son fafl w kNp th~ saW p~n~la~ ,o +~,n~a ~a~~ ro d.~~w. won+Wh «w of nw po~ks~ ot tmurM+a to:.td MORTG~G~EE, a f~t v~o~h ~ wr fi+~b+^~ ~«n~+un~ e~+to?~ or 1n any ~esqct (ail ro Pufom+. disch~rp. ~aout~~ ~fhct. oanpl~b. eaeply with and aWd~ by thls oovM~ant. a anv P~K s~fd MORT G~AGEE m+t? Pyw ,e+d v+r tor wth lnswana o.~+~r pwt tl~of wiM~ad wrivMy a aff~ct anyopt{on, U~n. ~ouih?. a?I~ht w+drr a b~. from th~ ti tMnoi untanda ; I~~ma~n ~ ~~nd ~q~h t~n~ ~ arr~m and IopthK~~ xith wth Int~inst iMll b~ Ils~wndi bfr~th~ . IJ~n of th~s narte+p. @~~lt O~1L 4. To p~rmlt~ •oawoit or sufi~ ea wssM. brpalmwnt o? d~t~ioatio~ of saW prop~rty o? any put M~of. S. It is hereby speti(lul1y ssred th~t any sum o? stxm wNth m~y bt barrd or advant~d~y NN Mortea~e fo ths Mortta~o? st anr Nms aftsr ths ?ecordi~ of thls i~d~ntun. I~optMr with InM~st 1Mnon ~t tM ab a~n~d upa? at t?~ Hm~ of wd~ loan w sdvsnc~. sh+ll b~ e0wlly s~curod with and hav~ the same prioriy ss tM ori~ind i~d~bt~dnas, and be wbj~ct to all th~ t~nns and prwisions of this mo~t~sN: Provtd.d. M?•~ ~he s~re~a~. amounr of pr~nctpal ouesandin~ at any ttm~ sh.ll na ~zo~.d m amount .qwl ro o~e hundr.d and Ahy p.r e.nt tt5096) of the princiwl snwir~r orisinaiy seu~?~d henby, 6. To pay all and sin~ulsr the costs, chr~Qes snd expe~ses, inchdin~ a roasa~abl~ atton~y 's hs snd aosts of abshsct of Ntl~ M- currod or paW at any Nnne by said MORTG/1GEE be~.ause o~ i~ tM evor:t of tM hflun on thspa K of tfie satd MORTG/?GOR w duy P~~P~h and fully pe.M.m. dischar~e. axecute. effect. complete. eompiy with and abid~ by esch and avery tM sNpubtioru. sgraaments. oa+ditlo~s and covenants of said promissory note ard this n~o.t~aee any a eith~ ~ ~~~ry. fl,all bs , inx~adiately dw a~d psyabl~; whether w not thero b~ ~wtlcw. demsn~, att~mpt or tFr full amaint of ad~ and ewry wch payrnee~t s1+a11 bwr interosf f?an tF» date thereof unNi paW ~t th~ r~M~~l ~~~~~tum pa anw~n; and all s~id oosts. d~s~s and expanses so incurred or paid, Eo`ethe~ with su~J~ ~et~ast. sh~ll b~ s~wred by of tF~is mort~sp. 7. Th~t (s) in the erent of sny breach of this Mortgsg~ w d~fwM on th~p~K of the MORTGJIGOR, o. (b) in tM went sny of saW sums of ma~ey he~ein m(mnd to be not promptly and iuly paid withfn thirty (30) d~ys next after tM sarr?~ srwrally beoon~e dw snd paysbls. w~thout dern~nd or notioQ, or (t) in the cvent exh and every tfie ttiDUlatiwq. s?~eemants. ca+ditions snd wvensnts of sald pro~nissory not~ and this mat~s~eany o? sither aro not dulY. promptly snd fully perforrnsd. distha~~od. executed. effected. tompbted aaripUed with and abidsd bY. tl+en in Nti~er o? any wch event. the said s~`~eNt! sum rn~ntiorwd in ssld'romissory note than ~inin~ unpaid. with int+nst aotrusd. and a11mo~ys stcured hereby,~ shali betome due snd pay~bl• forthwith. or theroafter, st tM opNan of ssid MORTGIICEE, as tuily and catpletely as if all of the said sums of moeey w~ero aiginaily stipu4hd to M p~id on such day. snythin~ in s~fd pranissory e~ot~ or in this Mort~s~ b ths oontnry nbt withstsndina; snd thereupan or tM.~aftK at th~ opNon of ssW MORTGI?GEE. without ~wtia or dNnand. suit st I~w or in equity. may be prosecuted as if sli enonies seaued i+errby hd n~turod prior to its iroNtutio~. 8. That le th~ ~rva~t th~t at the b~imi~ of w at any timt aryr suit upor~ tHs . or to faacbs~ it. ar to rtfone it. or to enforoe paymer?t of sny cisims hereunde~. ssid MORTC.11[',EE shall to th~ Court I+~vin~~Mh~tion tMnof ior tM appointmant of a Raotiver. wch Court shsll forthwith sppoint s Receiver. of s~id pro~erty sil and singular. inchdt~ all snd siry~u4r the incar~e. Peofits. iswes and revenues fran wF+stever sourcs-derived. eaeh~iwry of MA~ich. it bNn~ ~xa~ssh? und~rstood. Is F+ueb~? ma!? ~aged ss if specificslly set fo.th snd described in the grantir~ and hsb~ndu~n ciws~s herooi. and wd~ Receivsr sh~l) h~w ali the Mosd ~nd effectivs functioos a~d powers in anywise amm~ted by a Caxt w a Reosiv~. ard wch sppointmK?t sh~8 b~ msde by wd~ Court ss sn sdmitted equitr and s mstte. of absolute riQht to ssid MORTGAGEE. and without reierenn to tht adaquacy or inadequscy of M» valus of tM ~nve ~sha ii~ be ~plkd ~ Receiver~ ng to thMl ~Tor puiry of ~ald MOR~TC•I1CiEE~srd prsttid ~ wd~i Co~ ~ 9. To duly. P~~+P~h and ful~Y Pe~~. disch~?as. exeart~. tff~ct. oanplete oon+Ph? wifh and abi~ by each snd ~wry tM sNpu- ~ations. aBreements, aa~ditia~s snd covanants in ssid promiss~? noRe and in tNs mat~a~t sef forfh. ~ 10. That in ths event the ownership of th~ er~ort~seed prNnis~s„ or any part theeaof. beoanes vested in • person ofhu thtn tFM ± MORTGAGOR~ the MORTC,AGEE. its wocessors snd assi~r?s. maY. without nottos to tht MORTGAGOR. deal with wch wotassor or woaswrs in interest with reference to this nwrtgage snd fhe debR hereby setured ln th~ ssn~ mannar ss wifh Mortgsgo? wi~hout in sny w~y vitistiry or dtstl+ar~in~ th~ iubrt~asor's IiabiUty !~?eud~r or ~~poe ths debt F~ueb'Y secvrod. No sak of the premises h~reb~r' mortasNd and no fore- beannce on the part of the MORTGI~GEE o. its wooessors or sui~ns and ne txta~sion of ths time for the payment of ths debt Fr?~by seax~d given by the MORTGAGEE or its wocessoa w sssig~s, shtll operats to ~s~, disd~tRe. rnodiiY. chan~e or ~fhtt ths ori~insl Uabiliy of the MORTWC'•OR herein, eitF~ in wFwk or in prrt. i l. It is specificslly sgned thst tin+~ is af tFM ~ of this oontrset and that ra vwiv~er o? arry obUptiae t~e~x~dsr o? of th~ obligatian secured hereby shail st any tinie thatwiMr 6~ h~W to bt a wslwr of the temis I~ereof or of tM instrtxnsnt securod hK~by. ( : p~sd. Sealed and deliwrsd M pns~~ot of: ~ ~ ~~~'a i't ~F r t~::: ~ t.! ~ ~ ~ = ; ~ ~ oocu~nErvra~~s ~~r~~ sa~ _ _,s - - ~ = w6-7"l0 ; ~ _ - ----cs~w , ~ STATE OF FLCRIDA ~ o = Z 6 2~~ COUN7Y OF---------=----- S5~ ~p V T~P~ROUnt . P8.19913t eR~ Bsfone em perso~naliy app~anA . . . . snd his wih. to nr wsll krwwn. own to me to be the in~vidwls d~tcribed in and who ~o~out~d th~ fore~oir~ inst------- ~ and acknowbd~d bdor+ nr thst the~y ~xecuted me for the purposes thsrein exprosssd. ' WRNESS m~r ud offlcial se~l tF~is--- ___.d+Y of____~~__ D. 19_~_. : tVotsry Pubik i~ snd ior the State of Fbrida st l~?~e.- ~ . - ~ ~ ~ ~ ~ d w _ . v~ o ~ V • w Z ~ Z ~ e A cM~ ~ ~ ~ ` w . ° ~ ~ ~ Q= ~ . ~ ~o~ a - .a~ ~ : w.~ . . ~ ~ ~ :=oo ~ ~ ~ `~'Z~ Q ~ _ < ~ ~ ~ O a~186 R~ ,73~ ~ , . ~ ~I ,