The URL can be used to link to this page

Home My WebLink About0269 . _ ~ ~ _ _ _ _ _ 4r~n - ~'F"~~,~~~~''~ ~ ~~=`~~~s'~ ~ a~ - - - - - .r_ ~ _ ` _ ~ t ~ ~ . . . , . ~ . _ , . - , - _s _ poucy a poticies said MORTG/1GEE shall have tM option to receiw •nd app~y tne sams un account ot the indebtedness secured r?erobv or t~ i permit said MORTG/1iARS to receive and use it or any part thersn't for other purposes without thereby waivin~ w impairi~Q ~~Y eV~+~~Y. lien or right under or by virtus of this MortQaee; and in ths t~ent s~id MORTGAGOR$ shall fw a~y ~easa+ fail to keep the ssid p~emises ~ to insu~ed, w fail to deliver prcxnptly any of said politias of insu~snu to said MORTG/1GEE, or fail promptly to pay fully sny premium thertfor, ~ or in any ?espect fail to pe~fo~m, diuF~srge, execute, effect, complete, comply with s~d abide by this cove~snt, or anv put hereof, ssid MORT ~ G/1GEE may ptace a~d pay fw such inwnnce or sny put tMnof without vwiving w affecting any optio~, lien, equity, or right unde~ w by virtue of this Mortgage, snd the full amount of e~ach a~d evtry wch paymsnt sF+all be immediately due snd payab~e and sF+all 6ear interest from the date tF+ereof until paid at the ~ste of~~(Q(q~¢ Der cer?t per snnum and togethe~ with such interest shall be secured by tF+~ ~ lie~ of this rtwrtgage. ~ ' „v r, . ~ I. To permit, canmit or wffer no wsst~,llnpsirment a deterioration of ssid prope?fy or sny part thereof. ~ 5. It is hereby specifically agreed that any wm a wms whith msy be loaned or advanced by the Mortgagee to the Mortgagor st any ; time after the retording of this indenture, fogetF?er with interest thereon at the nte sgreed upon at the time of wth loan or advante, shall be ' equa~ty secured with and have the same p~ioriy ss tfie originsf Indebtedness, and be wbject to aN the temu and provisions of this mortgage: Provided, that the aggregate amount of principal outstanding st arry time shall not exteed an amount eqwl to one hundred and fifty per cer+t (150~) of the principal amounf originally secu~ed heroby. ' 6. To pay all and stngular the costs, charges and expenses, intludin~ a reasonable sttorney's fec and costs of abstract of tiNe in. ~ curred or paid at a~y time by said MORTGAGEE b£cause or i~ the evmt of the failure on the part of tF+e said MORTGAGOR to duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by eath and every tha stipulations, agreements, conditior+s and tovena~ts of said promissory note and this mortgage any w eith~, ~nd said tosts, tha~ges a~d expenses, exh and every. shall bs immediately due and payable; whether or not thcre be notice, dernand, attempt to cotlect or suit pend~ g~a ~d the full amount of exh and every wch payment shall l~ear interest from the date thercot u~til paW at the rate ofx~pi~fa(~{~tlii~pet~cer+twn pe~ smum; and all said costs, charges and expenses so +nturred or paid, together with suth ~nterest, shall be secured by the lien of this matgsge. 7. That (a) in the event of any brwth of this Mortgage or default on the pait of the MORTG/1GOR, or (b) in the event any of said wms of money hcrein re(erred ta be not promptly and fully paid within thirty (30) days ~ext after the same severaly become due and payable, without demand or notice, or (c) in the event eath and everv the stioulations~ srgeements, _onditions a~d covenanis of said pramissory note and this mortgage any or either are not duly, promptly and fulfy performed, ~ufiarged, executed, effected, compkted cornplied with ard abided by, ti+en in eitF?er or any such event, tF+e said aggregate sum rnentiot~ed in said pranissory note tF?en rertwining u~paid, with interest accrued, ard all nw~eys secured hereby~ shall become due and payable forthwith. or thereafter, at the optian of said MORTC/1GEE. as fully ~ and completely as if all of the said sums of money were originally stipulated to be paid on such day, anylhing in said prorntssory note o? in ~ this Mo?tgage ro the co~trary not withstanding; and thereupan or thereafter at the option of said MORTGAGEE, wtthout notice or demand, wit at Isw w in equity. may be prosecuted as if all monies secured FxYeby hsd mstured prior to its institution. , 8. Thst in the avent that at the beginning of or st smr time pending any wit upon this Mortgage, w to forecbss it, or to ~efwm ~ it, or to enforce payment bf sny claims hereu~der, said MORTWGEE sF+all spply.to the Court hsving jurisdittiix? tix?eof for the sppointmmt of s Receiver, such Court sha11 forthwith sppoint a Receiver, of said mortp~ed property all snd singular, including all and singular ths income~ profits, iswes and revenues from vrfiatever source de?ived. each snd every• af whith. it being exp~essly understood. is he~eby mort- gaged as if spccificalfy set forth and described in the granting and hab~ndwn tlauses hereof. and such Receiver shall have all tF+e broad srd effective functions and powers in anywise entrusted by a Court ro a Receiver. snd wch sppantment shall be rnade by such Court u an admitted equity and a matte~ of absolute right to said MORTCAGE:., and without roference to the sdequacy or inackquacy of the value of the prope.ty mortgaged or w the solve~cy or insolvency of said MORTGNGOR of the defendants, and that sixh rents, profits„ incomes. iuu~s and revenues shall be applied by such Receiver xcording to the lien o~ equity of said MORTGAGEE and the pnctice of such Court. 9. To duly, promptly and fully perfwm, discha~ge. execute. effect. oomplete comply with and abide by exh and every the sHpu- ~ latioru. agreements, conditions and cweoants in said promissory note snd in this mortQaQe set fwth. ~ 10. Thst in the event the ownuship of the nartgaged promises, or sny part the?eof, becomes vested in a person other th~n the MORTGAGOR, the MORTG/1GEE, its wccescors and assigns, may, without notice to the MORTGACOR, deal with~such successor or waessoa in i~terest with reference to this mortgage and the debt hereby secured in the ssme manr?er ss with Mortgagor without in sny way vitiatin~ or discharging the Mo.tgsgw's liability hereunde~ or upon tF+e debt hereby securcd. No sale of the premises hereby mortgaged and no fora- bea?ance on the part of the MORTGAGEE ~ its successors or assigns snd ra extension of the time for the payment of the debt hereby secured ~ given by the MORTGAGEE or its successors or ~ssigns. shall opente to mlease, dischsrge. modify, change or effett the originsl liabllify of the MORTGAGOR herein. either in whole w in part. 11. It is specifically agreed that time is of the esse~oe ot this oontract and that no waiver or any obligstion hereunder or of tM obligation setured hereby shall at any time thereaRer be heW to be • waivet of the temu hereot or of the irtstniment secured hereby. IN WITNESS WHEREOF. the said MORTC/1COR has henunro set his hand and seal the day and year first aforesaid Sealed snd delivered in presence of: - - - - - - - - - (SEAU eter L: -i::attner-- - _ - - - - - - - - - - - cs~u - - - _ ' ST/1TE OF FLORID/? 1 Bernidine R. Lattner, his wife j 4 courrrir oF. In~i~~__~i_v_er___._ j~' E ~ Before me ~y . ~ Dersonal ~ - - - a^d 't ~ his w+fe, to me vrell known. and known to me w individuals described in - ~ and who execut et foreQoin~ instrummt, and xkrawledged before me that they executed the same for the pu therein exprcssed. ~ WITNESS my hsnd and official seal this - - - daY °f----- - /l D. 1 ~ - - - ~ . • Notary Publit in and for the State of Ftorida at Lar~e. ~ My tommiuian expires: ~ ~l r ~ 1~ ~ A ~ ! d t w ~ v~ z ~ ~ ~ o W ~ I ` ZaZ ~ - o ~ A ~ _ ~ ; ao~ ~ ~ a M ~D ~ ~ w ~ ~m~' ~ x ~ ~ F°, x ~oe ~ Ls.l ~ Z U ~ ~ ~ ~ ~ ~ p ~ E,, e ; ~ E.y I ~c - c''~ Z° q W ~o ' ~ ` . ~ ~ o ~t ~ °o x19Z 26~ - O ~ ~ ~ . ~ . ~ ~ ~ . ~ . ~ _ . : _ - - _ 3 ~ ~