The URL can be used to link to this page

Home My WebLink About2587 poucy or policies said MORTCNGEE shall haw th~ option w ~x~iw and sppry tne sarTM u~ sccar+t ot ths indebtedneu securc~ nerebv or m permif said MORTG/1GORS to reteive and use it o. ~mr a~ N+e?wf for ofhtr purposes without thereby waivin` or impai~in~ any equlhr. lien o? riQht under w by virtus of this Mort~a~e; and in tM ~vent said MORTGAGORS shsll fa any reswn fsil to kaep the said premisas ' so inwred, w fail ro deliver promptly any of said polki~s of Inwrana to ssid MORTG/1GEE, or fail promptly to psy fully sny premium the?eta. w in ~ny ~espett fail to pe~fam, discMns. ~xecut~, ~ffett. compltb. tomply with snd abids by this cove~ant, or snv part hereof. said MORT , G/1GEE may plxe and pay fa such inwrs~p or ~ny p~rt fhehof without wafvin~ w afhtti~~ any opNon, lie~. equlty. or right under a b~I virtue of this Mo?tgage, s~d the full smount of sach and ew~r~~w~th p~yment shall bs Inwr~ediately due and psysbk ~nd shall baar interest from the date thereof until paid at the nte of iG1Ci~i?~if~OEiL per c~nt pa amum ae~d b~ether with such interest sh~ll b~ securad by tM I~en of this matgage. seven and five-tenths 1. To permit. t«nmit w wffer ra wast~. tmpaim~ent or deta~torstton of sa~d p?openy or u,y part rhenof. 5. It is F+ereby specifitally agreed tF~t sny sum w sums whith may b~ Iwned w sdvsncedby ths Matga`ee to the Mat~agor st any ~~me after the .ecordin~ of this indenturo, together with interest thenon at ths nte agreed upon at the tims of wd~ losn or sdvs~ce, shall be equaUy secu~ed with a~d have fhe same priaify ss the ori`in~l indabfednas. and be wbjett to all the terms snd provisions of this mortgage: Provided. thst the aggregate a~r~ount of p.incipal oumandin~ at ury tlm~ shill not exceed sn sma~nt eqwl to one hundred and Hfty per cent (150~) of the principal amount origin~lly secu?ed haroby. 6. To pay sll and singular the costs, charges snd expenses. includin~ s ro~sonabk attotn~y : fee snd cosn of abstrxt of title In- turrcd ot paid at any time by said MORTCNGEE bccause o? in tFr tvonf of the fallwr on the psrf of tF+~ s~id MORTGACAR to duly, proer~ptly and fully perform, dixharge, execute, effect, complete, comply with and abld~ by ~ath and every the stipulatia?s, agreements, ~tions and covenants of said promissory note and this matgaQe any or eithK~ aed ssid costs, ch~rges snd expe~ses, each and every, sF+all be immediately due and payabk; whether or not there be notite, dernand. sttanpt to ~i~p~nq~}~ ~ amount of each a~d every such payment shall bear i~terest from the date thereof until pald st tM nb of [11C "pe?-cen~iiiii psr srr+um; snd sll said costs, charges snd expenses so incurred or paid, together with wch ~nMrest, shall be secured by the lie~ of tNs mort~aQa 7. That Is) i~ the event of am breach of thls Mortgsge or dtfault on tMp~ rt of the MORTGAGOR, or (b) in the rvent sMr of sald sums of money herei~ referred to be r+ot p~omptly and iully paid within thirty (30) days next aher the same severally become due snd payable, • without demand or notice, a(c) in the cwent each and everv the sticulatia+s, arseements, cc~ditians and tovenants of ssid promissory noro and this mortQage any o? either sre not duly, promptly snd fully perforn~ed, disths?gad, executed, effected, compktad tomplied with ~nd abided by. then in either or any wch event, the said aggregste wm mentioned in sald promiswry note tF+en remalnin~ unpatd. with InM?est :ccrued, and sll ma~eys secured hereby~ shall become due and paysble forthwith, or theroafter. at the optio~ of said MORTGAGEE. ss fully and completely as if all of the said wms of money werc wiginally stipul~tsd to be paid on such day, anythin` in sald pronr?iuory note or in this Matgage to the cantrary not withstarding; snd thereupon or thereaft~ st the option of said MORTG/1GEE. without notioe or demand. wit at law or in equity, msy be prosecuted as if all monies setured herrby h~d matu~ad prior to ils institution. 8. That in the eve~+t that at the beginnin~ of or at any Hme per~'i sny wit upon this Mort~a~e. or to fo.ecbse it. or to mform it, or to enforce payment of any claims here~u~der. said MORTGJIGEE shsll app~y to the Court havinQ ju~is~ttion thereof for the appointmcnt of s Receiver, wch Cou?t shall forthwith sppoint a Reteiver. of ssid mortp`sd property all and si~Qular. ie+cludin~ sll and sin~ular the income. profits, issues and revenues from whatevcr source de~ived. each a~d every of which, it being expressiy w+dentood, is hereby nwrt- gaged ss if spetifitally set forth and destribed in the granting srtd hsba~n clauses hereof, ard suth Reteive? shall have sll the broad and effective functia~s snd powers in anywise er+tnnted by a Court to s Reoeiver. and wch sppointeient sF+all be msde by wd~ Court as sn admitted equity and a matter of absolute right w ssid MORTC/1GEE. snd without refertoce to the adcqwcy w inadepuscy of the value of tM property mortgsged or to tf,e solvency or insolvencq of said MORTG/~GOR or tM defer+dants. and thst wcF~ rents. proKts, irxomes, issws and revenues shall be applied by wch Receiver acco?ding to the 11e~ or pulry of said MORTGAGEE and the prsctice of wch Court. t 9. To du~Y Prorr+ptly snd fully perform. distharge. axeu+tt. ~ft~scf. oompleM aomP~Y with and abide by aatF~ and every the sHpu- lations. a6rcements. conditiau and cove~snts in said promissory note and In this mort~aQe set forth. 10. That in the event the owr~ership of the rrwrtgsBed premises. or any part theroof, becomes vested in a person ather than the MORTG/1GOR, the MORTGAGEE, its successors snd aui~ru. msy. without notite to the MORTGACOR, deal with suth wooessot or wooessors in i~terest with reference to this mortgage a?+d the debt hereby setured ie~ the ssme manner ss with Mortgagor without in sny way vitiatin~ or ~scharQleg tF+e Mort~s~or's liabilly here~x~der w upon the debt F+ereby sscured. No sak of the premises herobY morta+~ed snd no fore- beararxe on the part of the MORTGAGEE M its successors or assipu and ~o exteruion of the time fo. the p~yment of ths debt hereby secured given by the MORTG/1GEE or its successors o? suigns, shall aperste to robsse. discharae. modi(y. chsn~e or effett the ori~inal lisblliy of the MORTGACAR herein, either in whole or in parf. ~ 11. It is specifiplly ag~eed that Hme is of ths ~ssenoe of this oontract ~+d that no waiver or amr obli~ation F+ereunder or of th~ obligation secured hereby shall at any time tMreafter bs held b bt a waive? of the terms hereof or of the instnm~ent secured Mreby. , Sealed snd delivered in pr~sence of: i I _ . (SE/?U ! , - - - ~ - - - _ - - tSEAU ~ : ~ - ~ STATE OF FLORIDA ) , } u, ' COUN7Y OF- - - ~ ` ~@ Before me persor?slly sppsarod u'd g his wih. t~o mt wtll krwwn. to me to be tM individwls destribed in i and wFa axscuttd the fore~oint i . and acknowled~d b~fon rrw th~t the~r ~xscuted t for the purposes tMrein expressed. WiTNE55 my snd offitlal seal tfiis - ---d~Y °f----------------------• • . /t D. 19----- • i ~ " - - Notiry Publk in and for the SbN of Fbrids at L~~. r My carwr~ls~tan ucpins: ~ s A ~ I °G ; ~n fo ~a/~rr~~ d ~ w , o r~ 1?~Ad,an ~ a~~~ C~ ~ w f Z~ i ~Fib~ p~ ~ ~ ` ~ A ` aN~ z ~ ~ ~ a ~ I " ~ j ~ - W ~ . ~m~ ~ ~ ~ ~ a Z ~ on m o0 a-o ~ ~ ~ ~ ~ ~ ~ o ~ ~ ~a ~ ~ ~ * ~Z~ p~ N o N < Q ~i ~ ~ ~ ~ ~ ~ 80~c 1~ P~f ~~JC~) F ~ ~ ~ ~ . u~ - -_s ~ . . ~