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Home My WebLink About0398 . ~ . ~»~cv o~ pc!~c~es sa~d A10RTGAGEE stw!1 have the opt~o~ to reteive and apply tne aame un a:count of the ~nJebtedness sccured r?erebv o~ N+ perm~t s,~~~ ~iJRTGACAR~ to ~ece~v8 and use if ur any parf theroof fo? other purposes witFw~uf the~eby wa~w~Q a~mpa~rinQ any equity. i~e~ or ?iQht unocr e.r by vi~tue of th~s Mo~tQage: snd in the avent said MORTGAGOR$ shall fo~ a~y reaw~+ fait to keep tF+e sa~d p~emises s~ inwred, or fail te deli~er p~o~rpfly any of said polities of inwranCe to said MORTGAGEE, or fait promptly to pay fulty any prtmium therefw, or ;n any respecr faii to perform, d~uharge, execute, effett, cort~plete, comply with and abide by this covenant, w anv part he~eof, said MORT- GAGEE may ptace and pay f~ such insurarKe or any part therNf without waivine or affecting any option, lie~, equity, o? right under w ~y ~~rtue of this Mu~tgag~, and the full amou~t of each snd every such payme+~t sh~ll be immed~ately due and payable and shall bea~ interest trom the datr thereot until paid at tht rste oj ~shd Slk?t~[1~p~ cent per amum and together with wch interest shatl be setured by tFw I~en of this mo?tgage. el~[1C Oil~' Ral~ ; 1. To permit, comm~t or wffe~ no waste, impainne~t or deterioration of ssid property a any paA thereof. ~ S. !t is ?+e.eby speuf~catly agreed that any sum or wms which may be loaned or advanced by the Mo~tgagee ro tht Mortgagor at a~y r~me after the recordmg o+ this indenture, together with interest thereon at tF+e rate agreed upon at the time af such ba~ a advance, shall be e~ua'ly secu.cd w~tt~ and heYe the same prwr~ry as the oriQinal indeLtedness, and be sub~ect to atl the terms and prwisions of this mortgage: P~o~~ded, th~t t~,e aggregate ame..nt of principal outsta~d~n~ at any time sFvll not exteed an amount eqwl to o~e hundred and fifty per cent c 1 SO%1 of thc pnncipal nmount orig~nally seCUred hereby. 6. To pay all and singular the ccsts. char~es and ezpenses, irtludin~ s reasonable attorney's fee and costs of abstract of titie i~- curred w pa~d at ~ny time b~ ~.~+d k1~RTGAGEE be:aux or ~n ehe evcnt of the fsilure on the part of the said MORTGAGOR to duly, promptly and tully perfnrm, d~uharge, execute, el4ect, complete, comply with and abide by each ~nd every the stipulations, agreements, co~ditions and c~venants of said pr~m~ssory norc and this mo~tgage any or either, a~d said costs, tharges and txpenses, each and every, shsl) be # ~mmed~atety due and payable; whethe~ or not there be notice, demand, attempt~qFqlJ}cf or~~ and the full amou~t of each and ~ e.ery suth payment sha11 bear interest from the date thereof until paid at fhs rat 'tib~~}~ and r eentum per annum; and all said ' costs, charges and expenses w~ncurred or pa~d, together w~th wtfi ~nferest, shall be secured by tF+e lien of this mortQage. 7. 7hat IaT in the event ot any breach of this Matgage or default on the part of the MORTGACAR, o? (bl in the event any of said sums of money here~n ~efcr•ed to be not p~~mptly and fu!ly paid within thirty (301 days netit after the same severally betome due and payable, without demand or notice. or !c1 ~n the rtient each and everv tF?e stioulations, argeert?ents, conditio~s and coverunts of said promissory note and this mortgage any a. either are not duty, promptly and fulty perforrned, discharged, exetuted, effetted, completed tomplied with snd ab~ded by, then in either o+ any suc~+ event, the said aggregate wm mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured he~eby, shall become due and payable forthw+th, or fhereafter, at the option of said MORTGAGEE, as tully and completely as if atl of rfie said sums of money were originally stipulated to be psid on suth day, anythi~g in said promissory note ot in this Mortgage to t~+e ca?trary not withstanding; and thereupan or therNfter at the option of said MORTGAGEE, without notite or demind. wit at law or in equity, may be p~osecuted as if all men~es secured hereby h~d matured prior to ifs institution. 8. That in the event that st the beginning of or at a~y time pending any wit upon this Mortgage, or to forecbse it. or to refortn ~t, w to enfo~ce payment of any claims hereunder, said MORTG/1GEf shall spply ro tht CouR hsving jurisdittion thereof fot tM sppantment of a Receiver, such Court shall forthwith appoint a Receiver, of sai~ mortgaged property all and sinQular, ir~cluding all and singular the incort~e, profits, iswes and revenues frem whate~•~? source derived, each and every of which, it bei~g expresaly u~derstood, is F+ereby mort- gaged as if specificallv set forth and described in the granting and habend~xn tbuses hereof, and such Receiver shall have all the broad and effective funcNons and powers in anywise entrusted by a Court to a Receiver, snd suth appointment shall be rt~ade by wch Cou~t u an adm~tted eduity and a matter of absolute right to sa~d MORTG/1GEE, and witfiout reference to the adeqwq or inadequacy of the value of tM property mortgaged w to the solvency or ~nsolvency of said k10RTGACOR or the defe~danK, and tfiat such ~ents, profits~ intomes, iswea and revenues shalt 5e apptied by wcfi Receiver according to the lien or equiry of said MORTGAGEE and the practice of wch Court. 9. To duly, promptly ard fufly perform, discF,arge, execute, effect, complete comply with snd abide by eacF+ a~d every the stipu- ~at~ons, agreements, cw?detions ar.d covenants in said promiuory note and in this mo~tQage set forth. 10. That in the event she ownership of the mortgaged premises, w any part thereof, becomes vested in a person other tfisn the ~!ORTGAGOR, the MORTGAGEE. its successors and assigru, may, without ~otice to the MORTGAGOR, deal with such successor w suaessors ~n interest with rzference to this mortgage and the debt hereby secured in the ssme ma~ner as w6th Mwtgagw withouf in sny wsy viNatin~ ~r discha.ging the Mortgago.'s liabiliy hereunder or upor? the debt herehy secured. No sale of the p~emises hereby mortgaged a~d no fore- bea-ante on the part of tlx MORTGAGEE M its succeuors or assigns and no extension of the time for the payment of tt+e debt hereby secured g;.•en by the M~RTGACEE or ~ts successon or assigns, shall operate to rckase, diuharge, modify, change or effect the originsl lisbiliy of rhe AIORTGAGOR herein, either in whole w in part. 1!. It is spec~fically agreed that time is of the essente of this oo~trxt snd that no waiver or sny obligation hereunder or of the ~biiga!ic~ secured h.ereby shall at sny time thereafter be heW to be a waiver of the terms hereof or of the instrument seturcd hereby. ned, Sealed and delivercd in presence of: ~ r 1t=~-~.<a.~,,.. , first reder2l ~a~:ngs 2n~± loan Ass'r . cf „~~ian F'~-r ,^.~.nry ~ ~ 2G5~ - I4;~ Ave. P.±~. B~~x itG9 ' Yero ~eac;r, ~`orida 32y60 - - - - ts~wu ~ - - - - ~ - - - - - - _ _ _ _ _ _ _ ~s~u ~ ? ST/~TE OF FLORtDA ' 1 ~ CGUNTY OF , SS. : ~ Befort me D~rso~ally appeared - - - - - _ .and ~ . ~ L l~ F-11 t~ ; ~ _ - - - - - . his wife. to me wt ~ S~~A~ ~ CF ~ 4 ~ and who executed the foregoing ins t, and acknowledged before me that V~ pOCUMETITA~,~ ;S ~A~'i_ ! ~ ~ ~ = ° ~ ~ ~ _ n~tr~i ~ : • WITNESS nd and official sesl this day of 0 ^ ~ ~ 4 g 5= ~ ~ U ' t~ j ~ N P~.190133 ~ ' ~ - ~ .~..~~~.a.~.a.ri• \ ~ / N, ~ A ~ a ~ ~ . . ^ 't f , ; ; ~ e - ~ ~Z ; , m ' W o ` . > ~5 !ZQZ ~ ~ ° ~ A o ? V ~ ~ .n IQoo = , xmo ' ~ ; ~ ~ a > ~r ~ IE.~ i"' oar. ^ ~ ' ~ m~. , ~ ' `r `~QZZ ~w" ~ ~ ~-0 F _ ""~~~o v ( ; ~ i~ p t ~ I ' e ~ ~ X; ~ ~ C~ o,~ W Er ~ m i ? ~.y , ~ Z ~ A ~ ~ ~ ~ ~ i i~ ~ ~ = ~ ~ . ; ~ 0 ~ I F ~ . I I ~ 19i 3~7 4', ; ~ ~ 60CK ~ - - ~t _ - . . . ~ _