HomeMy WebLinkAbout0578 i
V
with respect to the Mortqaged Premises, ~either in
~
the name of the Mortgagor or otherwise; and the
Mortgagee shall be entitled to collect and receive
all earnings, revenues, rents, ig~ue~, pro£iis and
income of the Mortgaged Premises, if any, and after
deductinq the ti) expenses incurred in operating,
maintaining, repairin_q and restoring the Mortgaged
Premises and, (ii) amounts necessary to pay for
taxes, assessments, insurance and other proper charges
upon the Mortgaged Pre~;ises or any part thereof and,
(iii) reasonable compensation for the services of the
Mortgagee and for a11 attorneys, counsel, agents and
other employees properly engaged and employed by him,
the Mortgagee, shall apply the balance of such funds 4
first, to the payment of the interest accrued on the
principal amount of the Note, second to the payment -
i
of the principal amount of the Note, and third to
~
the payment of any other siuns required to be paid by
i
the Mortgagor under this Mortgage.
~ C. The :~ortgagee with or without entry, personally
~ or by his agents or attorneys, may take such steps `
~ to protect and enforce his rights whether for the - :
~
a
~
~ specific performance of any covenant, condition or.
~ agreement in the Note, or this tdortgage, or in sid
~
~
~ of the execution of any power herein granted, or for °
~ ~
~ any foreclosure hereunder, or for the enforcement of
~ any other appropriate legal or equitable remedy or
~
~ otherwise as the Mortgagee shall elect, and the
~ Mortgagor shall be liable for and shall pay all costs
~
~
~ and expenses incYuding reasonable attorneys' fees
incurred by the Mortgagee in prosecuting or enforcing
Mortgagee's rights under the terms of this t~iortgage.
~ -9-
R PACE 5 ( O
600K 1~
r '
PAUL E TNOMSON, 1314 FIR9T NATIONAL OANK p{,{IL~1Np, MIAMI, iLORIDA 33131 ~
, `
_ . - . - ~ - - - - .
, .
_ ~ . ; - ' ~ . _ ~