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Home My WebLink About1777 ~~~cv or p: lic~es sa~d ti10RTGAGEE sFwtt have the opt~on to receive ancS appty tne sarne un accuunf ot the indebtedness secu.ed nerebv or r~ perm+t sa~d n10RTGA~;On. ta re:.e~.e and use ~t or any part thereof for ather purposes without thereby wa~~+ng or impa~nng any equity, I~en or rlght under or by v~:tue of th~s Mortg.ige; and in the evenf said MORTGAGORS shail fo• any reasan fail to keep the said premises so insured, or fa~~ ro deli~er p•umptty any of sa~d poliues of insurante to said MORTGAGEE, or fai) promptly to pay fully any premium therelor, pr ;n any respett fa~l to perform, d~scharge, exeCUte, etfeCt, tomplete, comply with and abide by this covenant, or anv part hereof, said MORT- GAGEE m3y p~ace and pay for suth insurante or any part the?eof without waiving o? sffetting any option, lien, epuity, or right under or by v~~tue of th~s Mortgage, and the full amount of each snd ~e~v~e~!~ such payment shall be immediately due and payable and shall bear interest from the date thereof unt~l paid at the rate of ~(~C~J~{e~1~Y per cmt pe? annum artd together with wch interest sfiall be sew~ed by tne f~en of this ~<<gage. seven and one-quarter d. To permit, temmit or suffer no waste, impairment or deterioration of said property or any part thereof. S. It is hereby speufically agree.~1 that any sum or sums which may be loa~ed or advanted by fhe Mortgagee to the Mortgagor at any rme after the recording of this indenture, together with interest thereon at the rate agreed upon at tfie time af wch laan or advance, shall be equa~ly secure~ with and have the same prioriry as the original indetledness, :nd be subject to all the terms and provis~ons of this mortgage: Provided, that the aggregate amount of principal outstanding at any time shall nof exceed an amount equal to one hundred and fifty per cenf i1509(i) of the prirtcipal amount originally Setured hereby. 6. To pay a11 and singular the o,sts, charges and expenses, ircluding a reasonable attorney's fee and costs ef abst~act of title in- cuncd or paid at :•ny ti~ne by ~a~d ~;tJRTGAG~E bccause or in the e~c.+f of the failure on the part of the said MORTGAGOR to duly, promprlv and fully perf-~rrn, d~schar~e, execute, effect, ccmp!ete, comply w~th and abide by each and every the stipulations, agreements, cond~tions nnd c~vt~anis of Said prcmissory note ar~d this mortgage any or either, and said tQ~{,6,E~~~r~~~end every, shall be ~n,mediately due and payable; whethe~ or not t~~ere be nonce, demand, sttempt to tblti ~ n~ a u amount of each and every such payment shall bear interest frcm the date thereof until paid at the rate ofJfa~ 1~ per tentum per annum; and all said cos!s, cha~ges and ezpenses so ~ncurred or paid, togethe? with such interest, shall be secured by the lie~ of this mortgage. 7. That la) in th2 event of any b~each of this Mortgage or default or~ the part of the MORTGNGOR, or (b) i~ the event any of said zums of money here~n referred t~ be not pr~mptly and fully paid within thi~ty (30) days next atter the same severally beccme due and payabte, witFxwt demand er not~ce, or (c~ the e~ent cach and everv the s;ioulations, a~g~TK~~~, conditions and covenants of said promissory note and this mertgage any or e~th~i are not dut~, prom~tly a~d fully performed, distharged, executecl, effetted, Completed tumplied with and ab~ded by, then in either or any- s:~th event, the said aggregate sum me+~tioned in said promissory note then remaining unpaid, with interesf accrued, and all moneys secure.~f hereby, shatl bec~me due and payable forthwith, or thereafter, at the option of said MORTG/1GEE, as fulty ; and completely.as if all of the said sums of mo~ey were originally stipulsted to be paid on wch day, anything in said promiuory note or in ; this Mortgage to the contrary not withstand~ng; a~d thereup~t? or thereafter at the option of said MORTGAGEE, without notice or demand, suit at law or in equity, may be prusec:ited as if all m.~nies secured hereby had matured prior to its institution. 8. That in the event that at the beg~nning of or at any time pending any suit upon this Mortgage, or to foreclose it, or to refomn ~ $ it, or to enforce payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdittion thereof for the appoin~ment ' of a Receiver, such Court sha~l forthwith app~int a Receiver, of said mortgaged property all and singular, including all and singular the ~ income, profits, issues and revenu~~t frem whate~.,~ source derived, each and every of r~!~~th, ~t !+e~!±g expressly unde~stood, is hereby rrwrt- ? gaged as if specifically set forth and descr~bed in the granting and habendum clauses hereof, and such Receiver shall have all the broad and ef4ective functions and powers in anywise entrusted by a Court to a ReCeiver, and suth appointment shall be made by wth Cou?t as an ' adm~tted eqwry and a matte~ of abs~lute right to said h10RTGAGEE, and without reference to the adequacy or inadequacy of the value of the property mortgaged ar to tho zolvency or insolvency of sald IVIORTGJ~CAR or the defendanh, and that such rents, profits, incomes, issue~ and revenues shall be appi~ed by such Receiver according to the lien or tquiry of said MORTGAGEE and the prattice of such Court. r:• 9. To duly, promptly and fu!ly perform, discharge, execute, effett, tomptete comply with and abide by each and every the stipu- tations, agreements, condit;ons and tovenants i~ said promissory note and in this mortQage set forth. '~i - 10. That in the eve~t the ownership of the mortgaged premises, or any part thereof, becomes vested in a persor+ other than the = MORTGAGOR, the MORTGAGEE, its successon and ass~gns, may, without notice to the MORTGAGOR, deal with such suctessor or successon _ in interest wlth reference to this mo~tgage and the debt hereby secured in the satns• manner as with Mo~tgagor without in any way vitiating - ~r distharging the Mortgagor's liabiiity hereunder or upon the debt hereby secured. No sale of the premises hereby rr+ortgaged and no fore- ~~j bea~ance on rhe parr of the MORTGAGEE its successors or assigns and no extensio~ of the time for the payment of the debt hereby secured ' g~ve~ by the ti10RTGAGEE or its succezsors or assigns, shall operate to release, discharge, modify, change o~ effect the original liability of thc ~tORTGAGOR herein, either in whole or in part. 11. It is specifically agreed that time is of the essence of this contratt and that no waiver or any obligation hereunder or of tht obligatic~ secured hereby shall at any time thereafter be held to be s waiver of the terms hereof or of the instrument secured hereby. . • Sig~ed, Sealed and delivered in presence of: :s "x - (SEAU - _ . ISEAU _ = STATE OF FLORIDA ` ' SS. COUNTY OF ( i ; ~ ; Before me Personally appeared - - _ _ - - . _ and ~ his vvife, to me well known, an own to me to be the individwls described in and who exetuted the foregoing insirycn~nt, and acknowledged before me that they executed t me for the purposes therein expreised. ~ , WITtJESS my ?y~Q"and offic~al seal this - _ day of - t9 • - - Notary Pub~ic in and for the State of Florida at large. - ir 1+1 4 a ; x - ~ ~ ~ ~ ~ _ r C/~ Z ; ~ w : V ~ } ' j I Z f" r- 1 1 C a ;;oo ~ ; ; j ~ ~ ~"i Q ~ ~ ; i I ~ o ? ~ Q ~ ~ i ~ ~ ~ ~ H W ~ ~ . • ~ ~ ~ ~ . ~z.. _ „~;aZZ ~ ; ~ ~ fx.. ~ y ° o J , i ! ~ ~a _ ~ r =~i~aa ~ 1 , e 1 ' ; ~ ~ 0 z f ' ~ ~ m , o ~ I , ~ d ~ ~ Li1zo ~ ~ - ~..1 ~,a.... < ~ ~ = _ ~ ~ x > ~ ~ - ~ ; , . ; o ; ; ' o~, b.. 77~ ~ i ; ~ I ~ Bo~ . ~ ~ ` ~ . ~ , -