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Home My WebLink About2768 ~ poticy w poHcl~s sald MORTG/?GEE shalt have th~ option to nulw and app~y tne sam~ un xcarnt ot the ~ndabtedness s~cur~d Mhbv or ti+ permit said MORTG/1GORS to rotNw and use ft or any patt tMnof for other purposes without N+ereby waivin~ w Impsirin~ any puity, lien w rieht ur+de~ w by virtw of this Mat~a`e; and in tM ~t said MORTGAGORS aMll iw any rosson fali to kNp tF» said prKr?isa so insurod. or fail fo d~liver promptly ~ny of said policip of inwrano~ fo said MORTGAGEE. or fail promptly to pay (ully any pnn?iun~ thKefw. o. in sny nspect fail w perfonn, dischar~e. ex~cut~. efhct. canpl~h. compy with u+d ~bid~ by this cov~n~nt. or any p~K Mreof. ~ald MORT G/1GEE maY Plate ~r+d pay for ~uth inw~uK~ or u~Y part fMrwf withouf w~iving or ~ffectin` any aption. NM. equity. or ~i~hf und~r a by virtus of this Mwt~ap .~nd the full amount of ~ach and ew wd~ paymer?t sMll b~ immsdlately dw snd payabN and sh+ll b~sr i~t~raf trom ths d~te thenof unHl paid at the rst~ of ~WC~H/7i~]E psr ce~t pK amum a~d to~etMr with wch interest shall b~ sewnd by th~ Gen of fhis mort~a~, eight 4. To pemnit~ canmit o? wffer no wast~, impairma~t or d~te~iontion of said property o? any part tF?snof. 5. It is hereby spetifically asreed that any swn w sums wF?ith may be loaned w advanced by the Mort~agee to the Mwtp~w st ~~y •ime after the rec.xd~ng of thts indentu~e, to~ether with interest tM?wn at the nte a~reed upon at the tims of wch loan w sdvante, shall be eqwlly setured with and haw the same priorify u tM orisinal 4ndebtedness. u+d be wbjett to all ths temu snd provisions of this nwrt~s~ Provided, that the ag~rewt~ ~mounf of principal outsta~dl~~ at any titn~ shdl not exteed s~ smax+t eqwl b one Fwndred ~nd Hhy per cent (1509b) of ths p?intipsl amamt ori`inally seturod hsnby. 6. To pay all and sin~ula~ the caats, d+a~es and expenses. i~cludint a rcasonsbk attorney's fce snd costs of abstnct of Ntl~ in~ curred or paid at any Hn~ by said MORTG/1GEE bscause or in th~ eva~t of the failure on ths pa.t of the said MORTG/1GOR w duty, pranpty and fuily pe~fam. dlsch~r~e, ezecut~, sffact. ooeipl~b. comply with snd abide by each snd e+rery ths :Hpulations, s~reements. conditions a+~; ca~nantt of said prxnissary rwta an~ iiis ns~t~a~s utiy ar a~ihsr. and said casts. tttias~ srsd exyanx~. ~ and svsry. ~!-a~€ Ita imrrxdiately due and paysble; whether or not tMn be notic~. d~mand, sttempt to coli it pendi~~; and tM full amount oE esch snd every s~rh payment shali bear inte~est from tM d~t~ thereof unNl paid at the rate of ~~C~ps pK centum pK annum; snd all ~aid costs, charges and expenses so I~curred or paid, toQether with suth interest, sF?all be sccured by tM lien of this mwt~sp. 7. That (a) in ths event of ~ny bnsch of this Mort~s~ or default on the psrt of the MORTG/1GOR, w fb) in ths ewnt smr of ssfd sums of money herein referred to be ewt promptly and fuily paW within thirty (30) days next after the s~me severally betome due and payabl~. without demand w notice, w(t) in the event ~ach and every th~ stipularions, argeert~e~ts. conditions snd covenants of said promissory rwq a~d this mortgage any ar eithe~ are not duly, p?omptly a~d (ully perfwmed. dixha?ged, executed, effected, completed camplied with ard abided by, then in either w sny such event, the said ag~rc`ate surn mentianed in said promissory note tF~ rematnin~ ~r~psid~ with Inte~est accnxd, and all moneys setured hereby. shall becar~e due snd payable forthwith, or thereafter. at the option of sald MORTGAGEE. u fully ar~d completely as if all of the said wms of money wero oriein~lly stipulated to be paid on such day. snything in said p?omissory note or in this Mortgsge to the cont~ary not withstandin~; a~d the~eupa~ or thereaher at the option of said MORTGAGEE. witFaut notice w dem~nd. sui~ at bw or in equity. msy be prosecuted as if all monies securod F~eraby i~ad matured prior to its I~titution. 8. ll+at in the event that st the begiming of or at any tirt?e pendir~g any wit upa~ this Mat~aQe. or to foreclose it, or to reform it, o~ to enforce payment of sny tlaims he?eunder, sald MORTGAGEE shsll apply to the Court having jurisdiction thereof tor the sppointrnent of a Receiver, suth Court shall forthwith appoint a Receiver, of said mwtgeged prope~ty atl snd singular. includi~g all and singular the income, profits, iswes and revenues from whatever source de~ived, esch and every of whith, it beiog expressly understood. is hereby mwt- gaged as if specifically set fwth and described in the granting and habendum clauses F+ereof, snd wch Receive? shall have all the broad snd etfective functions and powers in anywise entrusted by a Court to a Receiver, and such appointment si+all be msde by such Court as an admitted eduity and a matter of absotute .ight to said MORTGAGEE, and without reference to the adeqwty or i~adequacy of the vslue of ths property mwtgaged or to the solvency or insolve~ty of said MORTGAGOR or the defendants, and that wch rents~ profits, incaries. is.wes i and revenues shall be spplied by such Receiver according w the lien or equiy of said MORTGAGEE and the pnctice of wch Cou~t. ; 9. To duly, promptly and fully perfwm, distharge, exetute, effect, complete oanply with snd sbide by each snd every the stipu- lations, agreements, conditions and covenants in ssid promissory rwte and in this mortaaQe set iwth. ~ 10. That in the event ihe ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the ~ MORTGAGOR, the MORTGAGEE, its successors and assigns, may, without notice to the MORTG/?GOR, d~al with such successor or waessors in interrst with referente to this mortgage and the debt hereby setured in the same manner as with Mortgago? without in sny way vitistin~ or dischuging the MortQsgor's liabiliy hereunder or upon the debt hereby secu~ed. No sale of the premises hereby nartgsged and no fore- ~earance an the part of the MORTG/1GEE o~ its wccessors or sssigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its wccesxors a auig~s. shall operate to release. distFwrge, mo~dify, change or effect the original tiabiliy of ttw MORTGACOR herein, either in whok or in pa?t. I1. It is s(xcifically agreed that fime is of the esser~ce of this contnct and that no waiver or any obligatian hereunder or of the obligation secured hereby shall at any time thereafter be heW to bs a waiver of the terms hereof or of the instrument sewred heroby. , Sealed and delivercd in presence of: t i f ~ - - - - - - - - _ - - - - - (SEAU f s i w ~sS ~ ' ~ - - . ~S~V ~ p STATE OF FLORID/1 g € ~ ~ - ~ COUNTY OF - - - ~ a ~ Before me persorwlly sppeared _ - - - - - - - - - - and ~ - t ~ his wife, to me well k~wwn, known to me to be the individuals desc~ibed in ` - - - - - - : ~ a~~ who executed the foregoing ins t, and acknowEedged beMre me that they exetut same for the purposes therein expresxed. ~ WITNESS nd and officiat seal this day of _ _ ,/1. D. 19 . f ~ - - - - - - - - - - Notary Public in and for the State of Florida at Large. ~ ~ ~ ~ ~ a . 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