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Home My WebLink About1469 pouc~ or pot~c~es sa~d titORTGAGEE shall have the ophon to receive ~nd appiy tne aarne ~n accaunt ot Ihe indebredness secured herebv or tn pe~mif w~d h10RTGAGOhS•to ~ece~ve and use it or any part the~eof for othtr purposes without the~cby wawinQ or ~mpa~nng any equity, ' i~en o~ right unde? or by virtue of th~s Mortgage; and in the event said MORTGNGpRS shall fo• a~y ?eason fail to keep the said premises so ~nsured, or fa~l to delioer p~omptly any of said poliues of inwrante to said MORTGAGEE, or fail promptly to pay fully any p~rmium therefor, or in any ?espect fail to perform, d~uharge, exetute, effect, complete, tomply with and abide by this covenant, or anv pa?t hereof, said MORT• GAGEE may place and pay for such insurante or any part thereof without waiving w sffettinQ a~y option, lien, eguity, or right under or by .~r~ue of this Mortgage, and the full amount of each and every such payment shall be imrtxd~stely due and payabte ar+d shall bear interest frcm the date thereof until paid at the rate of ]p]iCxt~,?fc?t~t~7i per cent pK annum and together w~th wch interest shall be secured by the I~en of this mortgage. SeVCiI c'~11C~ Olle-half l. To pe~mit, tommit or suffer ~o wssfs, impsirme~t or deterio?ation of said proper~y. or a~y part thereof. S. It :s hereby specitically ag.eed that any wm o~ wms which may be loa~ed or advanced by the hlortgagee to the Mortsagor st any rime after the recording of this indenture, together with interest thereo~ at the rate agreed upon at the time of wth Iwn o~ advance, shall be eQua"ly setured with and have the same prio~ity as the oriQinal indettedness, and be SuD~ett to all the terms and provisio~s of this mortgage: Provided, that tF,e aggregate amount of pnrxipal outstandin~ at any time shall not exteed an an~ow~t equal to one hundred and fifty per cent (150~) of the prin:lpal amount originally secu~ed hereby. 6. To pay all and singular the costs, charges and expenses, irCludi~g ~ r~asor.abie attomey's fee snd costs of abstract of title in- curred or pald at ~ny t~me by sa~d 1~t~RTGAGEE betause or in the event of the fsilure on the part of tF+e said MORTGAGOR to duly, promptly and fully perfnrm, d~scharde, execu?e, effect, complete, comply with ar+d abide by exh s~d every the stipulations, agreements, cenditions and covenants of sa~d prom~ssory note and this rr~rtgage any or eitl~er, and ssid cp~y~?~~~}~s]feach and every, shali be immediately due and payable; whether or not there be notice, demand, atternpt fo coTlett w w f pe in~; and the full amount of exh and every such payment shall bea? interest from the date thereof until psid st tl~e rate of per tentum per amum; and all said costs, charges and expenses so ~ncurred or paid, togetF+er w~th such ~nterest, shall be setured by the lien of this mortQage. 7. That (a) in the event of any breach of this Mortgage or default on the part of the MORTG/1GOR, or (b) in the trve~t sny of said sums of money herein ~efer+ed to be not promptly and fully paid within thirfy (30) days next after the Same severally become due ar+d payable. without demand er notice, or (c) ~n the event each and everv the st~oulations, argeements, tonditions and cor•enants of said p~omissory nate and this mortgage any or e~ther are rtot duiy, promptly and fully perfOrrt~ed, disCFvrged, exeCUted, effeCted, tompleted tomplied virith and abided by, then in either or any sucti evenr, the said aggregate sum mentioned in said promissory note fhen remaining unpaid, with interes! accrued, and all moneys secured hereby, shall became due and payable forthwith, or thereafter, at the option of said MORTG/~?GEE, as fulty and completely as if aIl of the said sums of money were originatly stipulated to be paid on wch day, anything in said promiszory note or in th~s Mortgage to the contrary not withstanding; and the?eup~n or thereafter at the option of said MORTGAGEE, without notice or demand, suit at law or in equiN, may be prosecuted as if alI monies setured hereby hsd matured prior to its institution. 8. That in the event that at the beginning of or at any time pendin~ any wit upon this Mortgage, w to foreclose it, w to refomn it, or to enforce payment of any tlaims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof fot the sppantment of a Reteiver, suth Court sha1l forthwith appoint a Reteiver, of said mortgaged property s!1 and singulsr, including all and singula~ the intome, profits, issues and revenues from whatev~r source derived, each and every of which, it being expressly understood, is hereby mort- gaged as if specifically set 4orth and describe~ ~n the granting and habe~dum tlauses he~eof, and such Receiver shall have all the broad snd rffective funCtions and powers in anywise e~trusted by a Court to a Reteiver, snd wth appointment shall be rtwde by wCh Court as a~ ~ admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the adequaq o~ insdequscy of tF+e value of tM property r»ortgaged or to the solventy or insolvenCy of said MORTGAGOR or the defendsnfs, and that stKh rents, profits, intomet, iswea and ~evenues shall be appl~ed by such Receiver according to the lien or equity of said MORTGAGEE and the prattice of suth Court. 9. To duly, promptly ar.d fully perform, discharge, execute, effect, complete comply with snd abide by each and every the stipu- ~ lations, agreeme~ts, conditions a~d cove~ants in said promissory ~ate and in this mortQage set forth. i 10. That in the event thr ownership of the mortgaged premises, or sny part tF+ereof, becomes vested in s person other than the MORTGACAR, the MORTGAGEE, its successon and usigns, may, without notice to the MORTGAGOR, deal with svch successor or wcceuon ~ in interest with reference to this mortgage and the debt hereby secured in the same manc+er as with Mo.tgagor without in sny way vitiatinq ; ~r diuha?ging the Mortgagw's liability hereunder o~ upan the debt hereby socured. No sale of the premises hereby mortgaged and no fore- bea.ance o., the parr of the MORTGAGEE n. its successors w assigns and no extensia~ of the time for the payment of the debt hereby setured g~ven by the MORTGAGEE or its successors or auigns, shal! opente to release, discharge, modify, chanee w effett the original liability of ~ the h10RTGAGOR herein, either in whole w in part. ~ ~ 11. Ir is specifically ag.eed that time is of the essence of this oontract and that ~o waiver or sny oblig~tion hereunder or of th~ 3 obligation secu.ed hereby shall at any time thereafter be held to bs a waiver of the terrtu ixreof or of the instrument setured hereby. '3 , ~ ; ' ned, Sealed and delivered in presente of: . (SE/1U - - - - - - _ ~ : _ _ _ ~ ISE/1U STNTE OF FlOR10/1 ~ - COUNTY OF - f SS. , ~ ~ ~ Befoae me persawlly appeared _ - . . - - - - - and his wife. to me well known. krwvvn ro me to be the individwls destribed in and who executed the foregoi~g instrum~M, and scknowled~ed before me that they execut same for the purposes therein expressed. ' _ . D. 19 _ . WITNE55 my Fur~~hd official ual this _ day of - Nat~ry Pubtic in snd fw the State of Florida at Lar~ . J . ~ My convnission exp~res: - ~ A : , , ~ Z W ' ! " ~ 'v o y, I: j i ~cc~_f v;:~ ~:ja~ ~ ~ ~ s Z a z ' ~ ~ 6(?Zi x.g d~aer W4i • S/Gl t ~ " ~ ~ ~ " ? I i I(~utto~ ~a~ ~ c,e;;;~~ ~o 'u,ssr ~f ~ F~'i Q°~ ^ ; ~ ~ ueo~ p;w ~u.~Q:; i~~~ W+.j w x 3 N ~ ~ C/~ I i ~ ~ < > ~ ; ~ rEi ~ D~ ~ ~ a~~ ~ ± ' ~ ~ ~ ~ = dl F" :~n=o ~ ~ - ~''~3 ~i.~ Z ~ ~ w ~i ~ l• E„~ ~ 00 .v ~ , ~ Z° a ~ d x t"'~ _~._t..~ i i~ ~ ~ , ~ w > O ~ . ' OR l9~ ~ ~ ; ~ ~ - ~ ~ ~ . , . ~