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yO1KY a Do~~aes sa~d MORT(',11GEE s~~all 1+~v~ tMr optian w nc~iv~ ~~+d ~pp~y tne sam~ un account of fhf in~~Obfld~Nft 1KUr~O hl~7bV O~ M
p~.mit w~d MORTGA ;ORS to ~Ke~v~ and ut~ it a an~r pHt 1M~ !w otlw p without the~eby wa~v~n~ a unpiiri~ any puilp.
hen or ri~??~ u~,da o. by ~~tue ot ~h~s Mar~; ae+d M tM ~v~nt ~aid MORTG~~ ~11 fo. a.~~ roason fail to k~vp tM said p~+mtses
so insu.~d, a fail ro deli~e~ p~omp~W anY of ~id polki~s d insw~no~ to said MORTGAGEE. o~ fail pronptl~r to paY lully an~r pr~n+ium thwtfo~.
w i~ ar~y ~espeu fsil ro pe~fa~n, d~sd+~•p. aoM+». ~ff~ct. oompl~t~. comply with ~nd aWd~ by tMs cors.w+t. or anv 0+~ he~eof. aid MORT
GAGEE may plac~ and pay fw such insurar~ wa~ry pi~t ththof withouf wrivir~ or afhttir~ ~nY aWion. liu+. e0uib. w ~i~ht und~r or by
virtw ot this Mat~a~e, and tF,~ tul) s~w~r~t of e~d~ and wNy a+d+ P+1rr~Nnt shdl b~ ien~r~diat~ly dw u+d psysbl~ s~d sh~ll b~ar int~.at
from tlw date t~~f uniil psid at tM rat~ e~(a~nd O~]ii~8~fc~nt pa anrwn+ and tosethp with wd+ i~taest shall b~ sscu~od b~r th~
lian of this mott igh e- h
1. To psrmit~ commir w wffK ea was». Impairn~e~t w d~tKiaation of ssid propKty or any p~~t th~?wf.
S. It is hereby specifically s;read thst any wm or sums virhith n~y bt losned or advanced by the MwtQa~ee w the Mwt~sgo? st u?y
time aher ti+e reco~di~ of lhis i~denture, M~tther with inttrest therson at the rsh a~retd upon st th~ tim~ of wth'losn or sdvsnce, shall bt
eqw~ly sacurcd with ar`d have the same priwiry ~s fhe aisinal irdebtsdn~ss. and be wbject ro all tM tem+s snd provisions of this mort~a~
Provided. that the aggreQate amount of princip~l outstsndint at any timt sh~ll not exceed sn anw~x~t pual to one hw~dred snd Hfty per cait
(ISO~) of the primtipal smount ori~inally setured heroby. .
6. To pay all and singular the costs, charges and expenses, ircludin~ a reuonabl~ atto~ney's he snd costs of sbstntt of Ntb In-
curred or paid at any time by sa~d MORTGIIGEE becwse w in the evrnt of the hiluro on the psrt of the said MORTWGOR to duly p~omptly
~nd tully perform, diuharge, execute. effect, complete, comply with and sbids by each and every the stipulstions, agrce~nts. tonditions
a~d covenants of said p.omissory note and this mo.tgage any w either. snd said costs. charges snd expanses, each snd evsry. shall be
immediately due a~ payable; whether o~ not there be notite, den+and. attempt to ~pJ~~ fLnd ths full smau~t of each and
every wch payment shall bear interest from the date thercof unHl patd st the nte o~~~d 7[~FI@m~ ca~+tum per annwn; and al) said
costs, charges and expenses so incurred or paid, together with wd~ ~nterost, shsll be secured by the lian of this mortQs~e.
7, That (a) in the event of any breach of this Mortgage or defwlt on the part of the MORTG/1GOR. w(b) in the event sny of said
swr?s of nwney herein reterred to be not promptly and fully paid within thirty (30) days next after the same xve~ally become dus snd payable.
without demand a. ~otice, or (c) i~ the event each and everv the stioulaHaes arQeeme~ts, eonditio~s snd covenants of said pramissory note
and this mortgage any or either are not duly, promptly and fully perfo?med, dixharged, executed, effected. tompkted complied with snd
abided by, then in either w any such event, the said aggregate wm m~tiooed in said promissory note then remaining unpaid, with interost
sccnud, ard all moneys secured hereby. shall bec«ne due and payable forthwith. or thertafter. at the option of said MORTGAGEE. ss fully
and campktety as if all of the said sums of money were o?iginally stipulated to be paid on such day. amthing in ssld praniswry note or in
this Mortgage to tM contrary not vrithstanding; and thereupon or there~ft~ st the option of said MORTGAGEE, without notite or dc+n~nd.
wit at law or in equity. may be prosecuted as if all monies secured f~e~eby hid matu?ed prio? to its institution.
8. Thst in the event that at the beginning of or st my Hme pandi~ sny wit upon this MortYsge, or to foretbse it. or to r~fonn
it, or to enforce payment of any claims herounde~. said MOR7G/1GEE shsll spply to the Court havi~ jurisdiction thertof for the appointmmt
of a Receiver, wch Court shall forthwith appoint a Receiver, of said mort~aQed property all snd sinQular~ including stl and singular the
incame, profits, iswes and revenues from whatever source derived, each snd every of which~ it being expressly undeatood. is he?eby mort
gaged u if specifiwlly set inrth and described in the granting and habendwn tta~ttes hereof. snd such Reteiver shall have all the brosd snd
effective fimctioru and powers in a~se ent?usted by a Court b a Receiver. and suth sppointment shall be made by wch Court u an
admitted equity and a matte~ of absalute right to said MORTGAGEE, and witfiout referenee to the sdoquacy or inadequs~y of the value of tM
property mortgaged w w the solve~cy or iruolvency of said MORTG/1GOR a the deferdants. a~d that wd~ re~ts, profits. incanes. iswas
and revenues shall be applied by wth Receiver according to the lien or equity of said MORTG/~GEE snd the pnctioe of wcf~ Court.
9. To duly, prompty and fully perform, disd~arge~ execute, effect, oompkte oanply with and abide by each snd av~ry the stipu-
lations. agreements. conditiorts and covenants in said promissory note s~d in this rt~ort~aQe set forth. .
10. That in the rvent the ownership of the mortgsged premises. or sny psrt fi~ereof. becanes vested in s person other N~sn tF+e
MORTG/1GOR, the MORTGAGEE, its suctessors and usigns, may. witFwut notioe to the MORTGAGOR, deal with wch wocessor or wocessors
in interest with referente to this mortgage and the debt hereby setured in the ssme manner as with Mo~tgagor without in sny way vitiati~
a"distharging the Mortgsgor's lisbiliy hereunde? or upon the debt hsreby secured. No ssle of the premises hercby mortgsged snd no foro-
bearance on the part of the MORTGAGEE M its wcceuors or assigns snd no exte~sion of the time fw the payment of the deb~ hereby senxed
given by the MORTC/1GEE or its wtcessors or assigns„ shall operste to relesse, distharge, modify. change or effett the origiasl liabiliy of
the MORTGACAR herein, eitF+er in whole or in part.
' 11. It is specifically agreed that time is of the essenoe of this oontract and that no waiver o? sny abli~ation hereunde? or of tM
obligatian secured hereby shall at any time thereaRer be held to be a waiver of the terms hereof or of the instrument slcured hereby.
Sigoed. Sealed and deliverod in presence of:
;4
I - -----.(SF.AU
,
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~ (SEAU
STATE OF FLORID/1
SS.
~ COUNI'Y OF- - -
Beforo me personally sppea~ed - - - - - sod
- his wife, to me well krwwn. to me w be the individuak described in
~ and who executed the foregang i t, and xk~wNrled~ad befo?e me that tlxy executed me for the purposes therein expressed.
WITNESS nd and official sesl this ---dsY of----------------.-------- A. D. 19__~_.
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Notsry Public in and for the State of Florids at L~?~e.
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