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Home My WebLink About0907 ~oucy o~ policies said MORTCAGEE shall have the option to receiw and apply tne sams un sccount ot the indebtedneu secured nerebv w h? permit sa~d MORTG/1GORS to reteivt and uso it or s~y parf thsnof fa othe~ purpps~s without thereby waivinQ or impai?in~ any equity. lien or riRht under w by virtue ot this Mort~s~e; and in tht ~venf said MORTG/1GORS shall fw any reason fail to keep tF+e said premiscs • so insured, w fail to deliver promNtly sny of said policies of inwranq fo said MORTGAGEE, u fail promptly to pay fully a~y premium tF+erefw~ or in any respect (sil to pe.fam, diuhara~, exatute, effett. tompleb. comply with and abide by thls covena~t, or anv psrt hereof, said MORT• GAGEE may plxe snd pay iw such inwrante or any put tMroof wlthout waivlns or affettin` ~ny option, (ien, eQuify, or right under w by virtue of this Mo~tgage, and the full amount of eath snd ewry wch paym~nt sh~ll be fmmediately due snd payable and shall bea. i~te~est from the date thereof until paid at the nte of x~and pe? c~nt ptr amum and together with such interest shall be secured by tM l~en of this matgage. 86V@D t ree- quarters 1. To permit, tommit or wffar no wast~. impairment or dstsrioration of ssid pmpe~ty or ~ny p~rt thereof. S. It is hereby speci(ically agreed that any wm or sums whith may be loaned or atfvanced by the Mwtgsgce to the MortQagor at any rime sRe~ the reto~ding of this indenture. toQather with Interest theroon at tl+e nte ~greed upon at the tims of wch ban or advance, shall be equally setured with and have fhe same prialy as fhe ori~inal indebledness, and bs subject to all fhe temu snd provisio~s of this mortgage: ProvideA, that the age~egate amount of principal outstandin~ at any time sh~ll not exceed sn ama~r+t eqwl ro one hundred a~d fifty per cent (15096) of the printipal amount originally setured he~eby. - 6. To pay all and singular the costs, charges and expenses. intluding s ressonabk attwney's fee and cosh of abstrxt of title in- currcd or paid at ~ny time by sa~d MORTGAGEE because or in the evmt of ths failwe on the part of the said MORTGAGOR to duly, prar~tly and fully pe~form, dixhsrge, execute, effect, complete, comply with and abide by each s~d every the atipulations, agreements, cor+ditions and covenants of said promissory note and this mortgage any or eithe?. and sald o~sts, charges and enpenses, each and every. shall be immediatety due and payable; whether or not there be notice, demand, sftempt toqQllOrppr~~~}pF~we~i4~t~amount of exh and every wch payment shall bear i~terest irom the date thereof unHl paW st ths rate oT~(in~7 ~~]~e entum per annum; and all said costs, tharges and expenses so incurred or paid, together with wth mterest. shall be secured by the lie~ of this mo~tQage. 7. That la) in the event of any breach of this Mwtgage or default an the part of the MORTG/1COR, or (b) in the eve~t any of said sums of money herein referred ta be r+ot prcxnptly a~d fully paid within thirty (30) days ~ext after the same severally become due and payable, without demand or notice, or (c) in the event eath and everv the stioulations. srgeements, to~ditions and tovenants of said promissory note and this mortgage any or either are not duly, p~ompNy and fully pertwmed, discharged, exetuted, effected, completed complied with and abided by, then in either a any such event, the said agg?egate sixn menHor~ed in said promissory note then remsining unpald, with interest accrued, and all moneys secured hereby, shall become due u+d paysble forfhwith. or thereafter, at the option of said MORTGAGEE, ss fully and tompktely as if atl of the said wms of money were originally stipulated to be paid on wth day, anyfhing in said promiuory note or in this Matgage ro the contrary not withstandina; and thereupon or thereafter at the option of said MORTGAGEE. wlthout ratice or demand, wit at law or in eQuify. may be prosecuted as if all monies setured her~by had mafured prior to ih institution. 8. Th~t in the event that af the beginning of or st sny Hme pendin` sny wit upon :tiis Mortgage, or to io?ectose it, or to reform it, or to enforce psyment of any clairru hercunder, said MORTG/1GEE shall spply to the Cou?t having jurisdictian the~eof for the sppointmmt of a Receiver, wch Court shalt fwthwith sppoint a Rtcetve~, of said mort~a~ed property slt a~d si~gular, including all and si~gular tF+e income~ profits, issues and revenues from whatever source derived, each ~nd every of whith, it being expressly w~derstood, is hereby mort- gaged ss if spetifically set forth and described in tF+e grant(ng snd hsbandutt~ clauses heroof, snd wch Reteiver shall have alt the broad snd effective functions and powers in anywise e~trusted by a Court to a Receiver. and such sppoiniment shall be mack by such Court os an admitted equity and a matter of absolute right to said MORTC/?GEE, and without reference to the adequacy or inadequac~r ot the value of the P~operty mortBaBed a to the solvency or insolvency of said MORTG/1GOR or the deferdants, and tl~t such rents, profits, inoanes, issuea and reverxxs sF+all be applied by wch Receiver according to the lien or equiy of said MORTWGEE and the pnctice of wch Court. 9. To duty. PrwnPtly and fully perform, discha?ge, executs, effect. oort~pteM camply with and sbide by eacH sod every the sHpu- latiau. agreements. conditia~s and cwenants in said promissory note and in this mort~sQe set forth 10. That in the event the oMmenhip of the mortgaged premises, or smr part thereot, becomes vested in a person otF~er than tF+e MORTGACOR, the MORTGACEE, its suctessors and auigru, msy, without notioe to the MORTGAGOR, deal with wch successor or successors in interest with referente to this mortgage and the debt hereby secured in the same manner as with Mortgagor withouf in any way vifiatinQ or dixharging the MortQsgw': Habilly hereix~der or upon the dabt hsreby secured No ssk of the premises hereby mortgsged and no fore- bearance on the part of rhe MORTGAGEE n. its wtcessors or sui~ns snd no extensio~ of the time for the payment of the debt hereby secured g~ven by the MORTGl1GEE or its successors or assigns, sh~ll opente to relesse. ~xhsrge, modify. change or effett the originsl lisbility of the ti10RTGAGOR herein, either in whole or in ps?t. ~ 1 i. It is specifically agreed that time is of ths assenoe of this tontntt and that no waive? or sny obligstio~ hereunder or of tht obt~gation secured hereby shall at any time thereaRer be held to be • waiver of the temu hereof or of the instn,ment setured hereby. ~ seal-1he Ear«a Signed, Sealed and delivered in presente of: f~al Sa~~ and Loa~ I, pss'n. of IndVe~ P 0 eg~ 1209 i ~ - l~th A ~ ~ - - - - - v~o ~cn~ Flond~ 32960 - cs~?u ~ - - _ . ~ _ ; - - - - - - _ - - - - ~S~?~ ST/1TE OF FLORIDA i COUNTY OF - - ( S5. . ~ Before me personally appeared - - - ~ - - snd . hls w+fe. to me well known, known to me ro be tF+e individuals described in - + and wF+o executed the forcgoing ' t, snd xknowledged before me that they execut same for the purposes therein expressed. WITNESS nd and official usl this dsy of----.---•------- - - . /1. D. 19--- - - - - - Notary Public in and for the $tste of Florida at Lsrg . ~ • ~ ~ ~ a ~ A ~ d k, W ~ y= x ~ w ; o . ~ ; Z ~ o ~ ~ A ~ ~ ~ aoo~cl~ ~ ~ 0 ~ aN; o ~ x~o ~ ~ ~r F,~a ~ ~m~' ~z ~ E"_ ~oQ a ~o` ~ ~ ~-~Z ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ = ~Zo w deo ~ ~ A ~ x ~ ~ ~q ~ 0 ~ !~i . ' • ~ . ~ _ ~ . ~