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Home My WebLink About2680 oaar w poac~es sa,d MORTGI?GEE s?ytt h.v~ t1+~ op~ron ~o nu~w •nd appiy rne .,.m. un xcoun~ ot indobr~dness secu.w ~+enbv a~^ p~rn?it sa~d MORTW?GORS lo ~ece~~o and us~ il a any part thtnol fo? otl+N e~~p~s without the~eby wa~v~~ o~ ~mpi~r~n~ anp ~b. I~en w.i~h1 ~;nd~r o. bp vi~tw of thls Mort~• and fn tM ~w~nf wW MORTG~AGORS shdl fo. any rsawn fa11 ro kMp ti» said p~~sa •o insu~d. o~ fail to dtlive~ p+omptly anY of s~W polkNt of iMwr+o~ fo said MOitTG/1GEE~ o. fa~i ~o~ty ro par t~ih +~w a.++++w*+ ~~b'• a in s~r respect fail ro palam, d~xh~rp. ~x~cuM. efhct. compiN~, canplr with and abid~ b~r thi: cw~nant. or arw W~ F+~~~of. wid MORT. GIIGEE ~nar p4tt anQ pay (a suth inswanc~ w~n~r put tFNhof withouf vwivin~ or afhtti^i +rW cPNa~. (i~e+, pulh. a ri~hf und~~ o? by vi~tw of tNs Mo.t~a~e. and rM fu11 an+a,nt of ~ach and wch paym~t sh~ll b~ immdiu~fy dw and par+b~ a~d sA+ll b~sr int~st fran the dati tMnof until paid at th~ rat~ of ~YdOl~Jt~ PK c~nt pa ~n+um and to~etls~? with wc1+ i~terest sh~ll M s~a~nd by t1+~ of nine 4. To pnmft~ canmit a wffK ~+o wast~. impaimwnt a dNKioation of said proparty a any p+rt tMnof. 5. It is he.cby specitically ae.eed that amr wm w swns whith may be lo+ned o~ advanced b1? the Mataa`ee to tM Mortp~w ~t sny time aher the ?ecordi~ of this i~ntum, fo~ttt~et with IMerost fMnon sf th~ raM s~re~d upon st tFk time of wth ban w sdvant~. sh~~~ be eqw~ly sacured with snd F~ve the same p+iority u th~ ori~inal indtbt~dMSt, and be wbjeCt to al) tht tem~s snd provisions of this nwrt~a~ Provided, tF+~t the aggre~ate arnount of p~incipal outstar+din~ at any tim~ sh~ll ~ot ucc~ed sn ~max+t pwl to one hund~ad and fihy pe~ cent (15096) of the printipal amou~t o~i~i~lly setu~ed Mreby. . 6. To pay all and singular the costs, charges a~d expenses. irtludin~ a?easonabl~ atto~ney s fee snd costs of abstract ot Htl~ in~ tuned w paid at any time by sa~d MORTG/1GEE because or in the event of the failuro on tM put of the said MORTWGOR to du~Y. P~~P~~Y and fuly perfwm, dischar~~. execute. effect, corr+plete, comply with and abid~ by ~sth u+d every the stipulstions. sgreements, ~tia+t and covenants of said promissory note and this mortgage any or elther. and taid oosts, chs?ps and ~xp~ns~s. wch snd ~w.Y. sh+ll bs immediately due and payabk; whether w not thcre be notice. denund. attempt to col -Q__¢ wit per~in~• and ths full amount of a~sch and every wch psyment shall bear interest from the date thereof unti) psld at tM nM o~7i~(d{~iR0iit1~76e? ce~+hun Dsr smum: snd a~~ ~+~d tosts, thar~es a~d expenses so intur?ed or Wid, to~ether with wth ~nt~rost. sh~ll b~ setured by ths lie~ of tNs mat~a~e. 7. That (s) in the event of any breach of this M~ `pit,~/~+It on th! ~ of the MORTGAGOR: or (b) ln tM avent sny of sa{d wms of ma~cy herein reterred to be not p?omptty aod futl~+~rtisn ~~ry c3or~~next after the ssme severaly bacane dus snd paysbk, without demend or notice, or (c1 in the event each and eve.v tF+e stipubtions, srg em~'nts. caxlitions and cavenants of said promissory not~ snd this mwtQage a~y or either are not duly. Promptly srd futly performed. discharged. executed. effected. compkted complied with ~nd sbided by. ther+ in either w any such event, tF+e said aggregate wm mentioned in said pron?issory note then ?emaining unpaid, with 1nMrest accrued, and a!Imo~y! secu~ed hereby, shall betane due and Psrible forthwith. ot the~fter. at the optian of said MORTCAGEE, ss fully snd campletely as if ail of the said wms of money were originally stipulated to be paid on such day. snything in ssid promissory nots or in this Mortgage to the contnry not withstaoding; snd thereupon or tF+ereafter at ths option of said MORTG/1GEE, without ootioe o? demand, wit at law w in equity, may be proaecuted as if all monies securod hereby had mstu~ed prior to ih institutia~. S. That in the event that st the beQinning of w st uqr time perdine sny wit upon this Mwtp~e. or w iorocbss it. or to rofom~ it~ or w er+force psyment of a~y claims hereunder, said MORTGAGEE shall spply to the Cou(t F+~vinQ jurisdiction thereof for the sppointrnn+t of a Receiver. such Court shall forthwith appoint a Receiver. of said mat~a~ed property sll and sin~u~ar. including all snd singular ths income. profits. Iswes and revenues from whatever source de~ived. cach and eyery of which. it being expressly undentood. h herebY mort eaged ss if spccifically set forth and descNbed in the granting and habend~xn tlsuses hereof, snd such Receiver shall have sll the btoad snd effective fu~ctions snd pov~rers in anywise c~tnnted by a Court to a Receiver. and sud~ aDPantment shatl be msds by wch Court as an sdmitted equity and a matter of absofute right to said MORTGAGEE, ~d without roference to the adequaq or tnadeqwqr of the value of th~ property nwrt~aged or w the solvency or insolvcncy of said MORTGACOR or ths defeodants, and thst wch rents. profits. i~canes. tssuss and revenues shall be spplied by such Receiver according w the lien or equiry af said MORTG/1GEE and tF+e prsctice of wch Court. 9. To dul~? promptly and fully perform, ~scharge, exetute. effect. oornP~~ ~P~Y with std abide.by eath and every ths stipu- latioru. agreernents. tonditio~s and covenants in ssid promissory note and in tfiis mortasQe set iath. 10. That in the evcnt the ownership of the mortgsged pn~nises, or smr part thereof, betornes vested in s person othe? th~n N+s MORTGAGOR. the MORTGJIGEE, its wtcessors and aui~ns, may. without rwNoe to the MORTGACAR. deal with wth wotessor or wocessors ~In interest with referente to this rtwrtgage and the debt hereby secured in the ssme manner ss with Mortgagor without in sny way vifiatln~ o? discharging tF+e Mortaa~or's lisbiliy here~r~der o? upon the debt hersby sewred. No sak of the premises hereby mortSs6ed srd no fore- bearance on the part of the MORTCJIGEE M its succeuors or sssi~ns snd no extension of the time for the payment of the debt hereby secu~ed given by the MORTC,AGEE or its wccessoa or assigns, shall aperaM to rolqse. ~sd+srge. rradify. change or effect the ori~inal IFability of the MORTGACAR herein, either in wFwle or in psrt. 11. It is spetifically ag?eed that Hme is of ths assence of this oontract and that no waiver or sny obligation F~ereunder or of th! obligation secured hereby shall at any time theresRer bs held to b~ a waiver of tf~e terms hereof or of the instnmmnt sew~d hereby. Si~ned. $ealed and delivercd in presenos of: II - (SE/1U - - - - • - - - - (SEAU STATE OF FLORID/1 SS. COUMY OF_ - Before me personally sppe:rod srd his wife. to ms well known. w me to be the indvidwls described in an6 wFa exetuted the fore~oir~ i t, snd scknovvled~d befwe me that they executed me for the purposes therein expressed. WITNESS nd and official seal thi: - --day °f---------------- . /1. D. 19____ . - Notary Publit in and for the Stste of Fbrida at Lar~e. ~ A a i d W ~ ~Z ~ I > V 4 W ~ _ Z~z Q A ~ j o ~ z a~~ o ~m~ w -a ~ ~ ~ • ~ E°., a ' w~~ ~ ~R ~ ~ ~ ~ Qz~ A - ~~o E~ < ~ ~ C~ ~ . O ~ ~ ~ a R 1 2672 ~ , ~ ~ . _ _ : ; i ^ ~ _ _ ~ ~ :,~-'~~.a~ _ ~ , _ . . . ~~~uL._:~'S~