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Home My WebLink About2923 ~x~i~cv rr p.~t~cios ti.~s~i A1i~RTGAGEE ~hall have fhe opt~un ro reCe~ve ~nd apply fhe 3.~r~~r un accc;unt ol the ~r~.labrednetis securrd ne?ebv or pemut ~a,.1 ~1~~RIG/1:.Uh~ to ~rce~~v and use it or any part thereof fw other pu~poses with.~ut thr~eby waw~n~ o~ impaumg any equity. hen o? r~gh1 undrr . ~ by vvtue of tlus Mo~tgage; and i~ the evMf said MORTGAGORS sFwll fo. any rcasun fail ro keep the sa~d premises so ~nsur«1, o~ fail rt~ dcli.e~ p~:,mplly any of said pulit~es Of i~surante to said MORTGAGEE, or fail p~omptly to ~y fully any premium thcrefor, o~ ~n any respetf fa~l to perfar~n, J~uharge, execute, ef(etf, Complete, Compty with ar~d abicle by this c~venant, or anv part hereof, said MORT• G/~GEE may place an:1 pav f~>r suth i~surante o~ sny pa~f theraof without waiving or affctting any optio~, lien, equity, or r~ghl under o~ by ~ irwe of thls Mortg.+ga, and the ful! ar.xwnt of eath and every wth psyment shsll be immecliately duc snd payabfe and shall bear ~nterest hcm the Jale ther~vf unhl p.+W at t}k rate of ~Yand ~ ~f tent per sn~um and together with such interest shall be setured by ths I~~ ot fh~s m~.~sa~;~. seven Olle~ c'~~l To permit, t~mmit or suffer no waste, impairment o? deteriwation of said propcrty or sny part thereof. 5. It is herrby s~x~t~f~cally agrcecl thaf any sum or sums whith may be loaned or advanced by fhe Mortgagee ro the Mortgago~ at any r~me after the r~•COrdmg of this mdenture, together with interest thereo~ at the rate agreed upon at the time of such Ioan or advance, shall be evua~t~• sc~cur~c! with and have the same prio~rty as the origi~a) indeCledness, and be sub~ett to aU the terms and provisians of this mortgage: P<<»,ided, thaf tl~c adgregate am~~unt of pnnc~pal outstanding at a~y time shall ~of exteed an amount equal to one hundred and fifty per cenf (15QRi1 uf thc pru~c~pal arnount orig~na!iy ScCUred htreby. 6. To pay a!1 and s~nGul~r thr c: cts, chardes a~d expenies, ircluding a ressonable afrorney's fee and costs of abstratt of ti11e in- curreci ~r p0~d Jt .:ny hme bY ,a~~i M;~RT~ AGEE b.•cause vr in ~he e~•c~~t of the failuro on the part of the said MORTG/1GOR to duly, promptly ~ ancl fully perf~~rm, d+schai~;e, e~ecute, effrct, compl~•te, cumply with and abida by each a~d every the stipulations, agrecmenis, conditiuns .~nd co.enants o~ Said promissory nore an:i this mo~tgage a~y o~ either~ a~?d said costs, cFw~ges and expenses, each and every, shall be mime.~iately due and payable; whether or not there be notice, c~m.and, attempt p, t or and the full amount of each and e~e~y such payme~t sluil bear intcrest fnxn the date Ihereof until paid st fhe ra~b~snd~~l~~r tentum pe~ annum; and al) said costs, charges anA expenses so ~ncurred o~ paid, together with suth ~nterest, shall be secure.~ by t lien of this mortgage. 7. That la1 in thc event of any breach uf this Mortgage or default on ihe part of the MORTGAGOR, or (b) in fhe event any of said ~ sums of rt?oney h~rein retcrred t~ !u~ nut promptly and fully paid within thirfy (30) days ~ext after fhe same severally betome due and payable. ~.•~thc+ut deman.l n~tice, or (c~ in the event each and eve~v the sheulatio~s, argeements, conditions and covena~ts of said p~omissory note and this mertgage any ~r e~ther are not du~~•, promptly a~d fully performed, distharged, executed, effected, completed tomplied with and abided by, then in e~thtr or ~ny such event, fhe said agg~egate sum mMtioned in said promissory note then remaining unpaid, with interesf accrued, and all mc:neys secured he~ebv, shall become due and payable forthwith, or thereafter, at the option of said MORTG/1GEE, as fully and completely as if all ~~f the said sums of mo~ey we.e originally stipulated to be paid on such day, anything in said promissory note or in ~ this Mortgage to the canfranr not withstanding; and thereup~ or thereafter at the option of said MORTGAGEE, without notite or demand, suit at law or in equity, may bc prosccuted is ~f all munies secured hereby had matured prior to its institution. 8. That in the event that at the begin~ing of or at any tima pendi~g any wit upon this Mortgage, or to foreclose it, w to reform it, ~r to enforce payment of any ctaims hereunder, said MOl2TGAGEE shslt spply to the Court having jurisdictian thereof for the appointrr~+t of a Recei.•er, such Court stiatl forthwith appoint a Reteiver, of said mortgsged property all and singular, includi~g aIl and singular the income, profits, issues and re~enuec from whatevrr xwrce derived, each and every of which, it being expressly ~x~derstood, is hereby mort- gaged as if specificalty set torth and described in the granting and habendum clauses hereof, and such Receiver sFwll have all the broad and effective tunchons and pow_rs in a~yw~se entrustcd by a Cou.t to a Receiver, a~d such appointment shall be made by wth Court as an admitted equity and a rrutter of absolute right to said MORTGAGEE, and without referente to the adequacy or inadeduaty of the value of tM property mortgaged or ro thn solvency or insolvency of said MORTGAGt~R o~ the defendants, and that such rents, profits, incomes, iswea and revenues shall be applied by wch Receiver atcording to the lien or equify of said MORTGAGEE and the prattite of wch Court. 9. To duly, promptlY ai~d fully perfcrm, discharge, execute, effect, complete comply with and abide by each and every the stipu- lations, agreements, conditions and co.enants in said promissory note and in this morteage set forth. 10. That in the evertt the owne.ship of the mortgaged premises, or any part thereof, becomes vested in a pe?son other than the AICRTGAGOR, the MORTGAGFE, its successors and assig~s, may, without notice to the MORTGAGOR, deal with such sutcessor o? sutcessors in interest vvith reference tu this mortgage and 7he debt he?eby secured in the same manr?er as with Mo.tgago? without in any way vifiatinQ or discha?ging the Mortgagor's liabiliy hercunde~ or upon the debt hereby secured. No sale of the p.emises hereby mortgaged and no fore- bearance rn the p;~rt of the MORTCAGEE M its wccessors or assigns and no extension of the time for the payment of the debt hereby secured 3 g~.en bv the A'ORTGAGEE ar its successors or assigns, shall operate to release. dixharge, modify, change or effett the original liability of the h10RTGAGOR herein, either in whole or in part. ~ 11. It is specifical!y agreed that time is of the esse~ce of this contract and that no waiver or any obligation hereunder or of the ~bligatinn secured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the insirument setured hereby. ' i ned, Sealed and delivered in preser~ce of: I I { I ~ i s _ _ - - - - - cs~u , ~ ~ _ - - ~ - ~ cs~u ~ STATE OF FLORtD/1 ~ COUNTY OF SS. g - . ~ Before me personally sppeared - - . _ - _ _ - - - an.~ ~ _ his wife. to me well known. and to me to be the individuals described in ~ and wh~ executed the *eregang ins t, and acknowledged before me that they executed the for the purposes.therein expressed. _ _ . - - - , A. D. 19 _ - - ~ WlTNE55 m srd official seal this day of ~ ~ _ - - - - - - ~ Notary Public in and for the State of Florida st Lsrge. ~ ~ . ~ W ' ~ ~ A ~ , ' a :S t ~ ~ ' i ~ _ ~ ~o ' ~ I ~ 'c rl~ ~ZQZ ; ' ~ L" r, ~ ~ w - a ~ a ° ° 7 ' o ~ ~ N ~ i 7D a ii~ 1~ ~ a > ~ I ~ ~ ~ ~ ~ ~xm ~ ~ ` e~ tL.3 'aLi Q< w ~ i O V t ~ 'r{_ J ~i.il ~ z 'v ( F ~ i , ~ Q o u„ ~ I E"'~ e i~ ' ':4 ~ ~zo ~ ; ; . d ~ ~ < ~ _ U ~ Q W ~ ~ ~ `y~ ~~'~9 I d00K ~ V~ 2917 w a ; j~ ~ ' ~ ~ ( l F /~i + I i x ~ ~ ~ ~ • - - ' _ . _