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Home My WebLink About1671 aooK 193 . ~1669 ~ ~oucr a pot,cics said MORTG/1GEf s!w!1 have the option to roce~w a~d'app1~ t~ aarr~ un acc~.~.nt ot ~he in~rbtEtinKi itGUred hCrl~V O~ permit said MORTG/1,r,0(:$ to r~•ce~ve and use it or a~y part the•eo! fo~ othe~ purtwses without ~hereby ~wivint or impairin~ any equily. I~en or riQht under o. by vi-tue of this Mo?tQaQe; and in the event ss~d MORTG/1GORS sha!1 fo. any reas~n fail to keep tF+e said premi;es ^ so inw~ed, or fa~l te drliver ~rc+mptly any of said polic~es of inwranc~ to sa~d MORTG/1GEE, w fail promplly to pay fulty any premium the~~to~~ or in any resp~.•ct fail to pe:form, d~xhar~e, ezecute, effett, comp:Et~, cc,mply y~nth and abide by this co.•eoant, w anv part Mreof, said MORT. G/1GEE may piace and pay fw such inwra~+ce w any psrf thereof without w~ivi~Z'or affettin~ a~y option, lier?, equity, or right w+de~ or by vi~tue of this Mo~tgage, : nd the full amount o h vp~~~wth psyment sh~ll be imrxdiately due and payable and shall bear interest from the aate thereof until paid at Ihe rate of~M~~nK~~dllit per cent pe? smum and together with suGh interest shall be setured by tFw o~ ~h~: ~~gage. seven a t ree quarters . " 4:- To permit, commit w wffer no waste, impairme~t or deteriwation of ssid p.operty or sny part thereof. 5. It is hereby specifical;y agrced that any sum or sums whith may be loaned o~ advanced by t1+e Mortgagee to tl+e Mort~a~w st any tlme after tne .ecordirtg of this indenture, togethe~ with i~te.est thereon at the nte agreed upon at tF+e time of such loan w advante, shall be equa~ly secu.od w~th and have the same prio.~y as the original i~detted~ess. and be sub~ect to all the terms and provisions of this matgage: Prov;ded, that the aggregate amount of printipa) outstandin~ at aMr time sh~ll ~at exceed an amount eqwl ro one hundred and fifty per cent i 1 SO of the principal am~u~t originally secured hereby. 6. To pay all ar?d singular the cects, clu~ges and expenses, ir~ludin~ s reasonable atton?ey's fee and costs of abstract of tifle in- cwred or paid at ~~y time by s. +d MORTGAGEE betause w in the evc.+t of the failu~e on the part of the said MORTG/1GOR ro duly, promptly and fully perf~rm, diuharge, execure, effett, complete, comply with atd abide by eath snd every the stipulations,_ agreements, Conditions and covenants of said p.om~ssory note and this mortgage any or either, and s~id tosts, charges and ezper?ses, eath ~nd every, shall be ~mmedwtetv due and payable; whetF?er or not thcre be net~ce, dema~d. sttempt to 1 j, ng; and the full amount of exh and every suth payment shall bear intcrest from t}+e date thereof unti) paid st the ~at E~~~~~~j~~~q~.dfl?u'~M~t~~um; and all said ~ costs, cl+arges and expemes so ~ncu.red w paid, together with such ~~terest, shall bd' k~ t~ k 1 7. That la) in the event of any b.each oi this Mo~tgage or defsult on the part of the MORTG/1GOR, or (b) in the tvent any of said sums of money herein reterred to be not promptly and fully paid within thirty l30) days next afte? the sa~ne seve~ally become due and payabfe, without demand er notice, or (c? in the event exh and everv the stioulations, srgcemer+ts, conditions and covenants of said prom~ssory ~ote and this mortgage any er e~ther are not duty, prampt~y and (ully performed, diuha~ged, executed, effected, completed complied with snd abided bv, then in eithe. w any s~~t?~ event, the said aggregate sum mer~tia~ed in said promissory note tluM remaining unpaid, with interest : acuued, aod all ma~eys securrd he~eby, shall bec~ne due and psyable forthwith, or thereafter, at the option of said MORTGAGEE, u fully ~ and completely as if all of tF+e said sums of money we~e o.iginally st~pubted to be paid on such day, anythi~g in said promissory note w in ~ this Mortgage to the cont~ary not withsta~ding; a~d thereupon or thereafter st the option of said MORTGAGE~, without notite or demsnd. s~it at law w in equiy. may be F.os::cuted as if all monies secured hereby hsd matured priw to its institution. 8. Thit in the evmt that at the beg~nning of or at any time pending sny wit upon this Mortgage, w to fo?etbse it. or to refo~nt ~t, or to mfurce payment of any claims hereunder, said MORTGAGEE shall apply b the Cou?t having jurisdiction thereof for the appointmmt of a Receiver, such Court shall fwthvr~th appoint a Receiver, of said mortgaged property sll ar~d singula~, including all and singuia? the intcme, profits, iswes and reve~ues irom whatcvrr source derived, eaCh and every of whith. it being expressly understood, ii hereby mort- gaged as if specifically set fwth and dexribed in tF+e granting ar+! F?aberdum clauses hereof, ar?d stxh Reteivec shall F+ave sll the broad snd effective fur+ctiwu and powe.s in anyw:se entrusted by a Court to a Receiver, a~d suth appo~ntment shali be made by s~ech Court as an admitted equity and a matte~ of absolute right to said MORTGAGEE, and without rcferente to the adequaty or inadeQuaty of the value of tM property mortgaged or to tF~ solventy or insolve~cy of said MORTG/1GOR w the deferdants, and that wth rents, ~ofits, incomes, issua and revenues shall be applied b~ wch Receiver xcord~ng to the lim or equity of said MORTG/1GEE and the practicr of wch Court. t 9. To duly, promptly a~nd--f~,lly perform, discharge, execute, effett, complete comply with and ab~de by exh and every the stipu- ~ latio~s, agreements, condiriuns and coverw~ts i~ said promissory note and in this mwtQa~e set forth ` 10. That in the event the owne?ship of tF+e mortgaged premises. w sny part thereof, becomes vested in s person other thsn the MORTGAGOR, tF+e MORTG/1GEE, its wcceuo~s and ass~g~s, may, without ratice to the MORTGACOR, deat with such wccessor or successors in inte?est with reference to this mortgage and the debt hereby setured in the same manner as with Mo.tgagor without in any way vitiatin~ or discharging the Mortgagor i lisbiliry herew~der or upon the debt hereby secured_ No sale of the premises hereby mortgaged and no fore- • bearance on the part of ihe MORTGAGEE o? its successors or assig~s and ~o e~ctr.+sion of tF+e time for the payme~t of the debt hereby secured g«en by the MORTGAGEE w its sutcessots or assigns. shall ope~ate to release. distharge, ~nodify, thange or effett the original liability of the 1~10RTGAGOR he~ein, either in whole or in part. 1 l. It is specifially agreed thst time is of the esser+oe of this oo~tratt and thst no waiver or any obligation hereu~der w of the ~bligaticn secured hereby shall at any Nme thereaher be held to be a waiver of the terms hereof or nf the instrument secured hereby. N WI NESS WHEREOF, the said MORTG/?GOR has he~nto set his ha.~d and seat the day and y~ar fint aforesaid } -`Signed, Sealed and deliverod in presence of: ~ ~ I ` - (SE/1U ~ - - - - - . - . - l5E/1U ~TATE OF FLORIDA ~ ~ - , COUN7'Y OF . - - - - ~ z_ s~ro.~ a.s«,~iy ~~.~d - - - - . . . _ ~~,a his wife. to me weNTc?fo~in. a??d known to me to be the individuals described in , and who acecuted the f ng instrument, and acknowledgsd before me that they exec?rted the same for the purposes therei~ ex~ressed. ~ E55 my hsnd and official seal this . _ . dsy of - - . ~ - - . . - . /1. D. 19__--- • ~ ~ Notary Publit in ar~d for the Statf of Flori t lsrge.-- - ~ _ My comrnission expires: ~ ~ \ ~ A ~ , ~ i a , I ~ ~ w ' v~ z _ , -t k ,.t ~ l__ v t : ~,:X ~ w ± v o ~ ~ _ _ _ ? ~ ~ ~ , ~ ' ~ ~ o ~ ~ ~=~.;,yz~~~ 's ~ 4 = ~ ~ ' a o ~ z ~ - }~~v~~=; 3 3_ ' ~ » ~ ~I N v . zs•'~ x ~ .~i w ; ~ a> P.g.~t,;: ~ m a ~ ~ ~ aZ~ ~xm 0 ~ ' ~ l~a~ ~ + ~ - ~ o ~ . ~ i ~Ac"- W~ H~~ ~ ~ ~ ~Zp A O < W ~ ~ ~ j ~ ~ ; , , o - ' ~ ~ i ~ ~ ~ - pR i9 - /~~9 ~ , ~ i ~ :z-:~ -