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Home My WebLink About0124 ~,~ucY or p~-.t,c;es s.~~d A~fORTGAGEE slall have the opnon ro receive and apply tne same u~ acccunt of the ~ndebtc~nesi secured nerebv or rn C~;m~t sa~d A/JRTi,A"On~ to ~t-ce~~e and uie it ~r ~ny part therpof fo~ other purposes without thereby warvmg or ~mpanmg any equiy, ~en or right under or by virtue of th~s Mortgage; and in !ht evMt said MORTGAGORS shall for any ~eason fail to keep the said prem~scs s~ ~nswed, or 1a~1 tc del~„er pr~mptty any of sa~d politieS of inwrante to said MORTGAGEE, or fail pr~xnptly to pay fully any premium therefor, in a~y respect fa~i to perf~rm, d~stharg@, execute, eftect, comptete, compty w;th and ab+de by this covenant, w anv pa~t hereof, said MORT- :.AGFE ?n3y ptace and pav for such insurance or sny part thereof without waiving Or affecting a~y option, lien, equity, o~ right u~der or by .,~tue of this Mortgage, and the full amount of each and every wch payment shall be immediately due and payabte and shall bear in?eresf m the dare ther~vf unr~l pa~3 at the rare of y+XXd~Q]i~X per cent per annum and together with such interest sF+all be secured by tne ~•n of this mo.Tgage. seven and one-half a. To permit, commit or wffer ~o waste, impairment or deteriwation of said property or any part thereof. 5_ It is hereby specif~cally agrc-ed that any sum or wms whith may be loaned or advancc~ by the tilartaagee t~ the Mortgagor at any • me after the recurd~ng of this indenture, together with interest thereon at the rate agreed upon at the time of such loan o? advance, shall be c•tiua~ly secured w,th and ha.e the same pnonry as the orig~nal indetted~ess, and be sub~ect to all the terms and provisio~s of this mortgage; ='~~~~~ded, tFut the agg~egate amount of pnnupal outstanding at any time shall ~ot exceed an amount equal to one hu~dred and fifty per cenf ~ 509b) of the prir.~ipal amaunt origina!'ty setured hereby. 6. To ~ay alt ond s~ngUtar the cesrs. char~es a~d expenses, irCj~jpg a ~easo?~able attomey's fee and tosts of abstract of title in- curred or paid at ~ny tur,e by ~~d 11~RTGA"EE because or in the evc~t of the failure o~ the part of the said 1JORTGAGOR b duSy, prornpt3y an~ fully perf~rrr., d~stha~be, ezecute, ef4ect, comp~ete, c~mpfy with a~d sbide by ~ath and.every the stipulations, agreements, cond~fioni =^d c~venants of said Fr_m~ssen note an~ this m.rtgage any er eit~er, and said eosts tharges _ag d ezpe~es,g ach and every, shall be ,~,med~atety due and p3yaple; whether o. n~t there be not~ce, demand, attempt to oS1~4~F1sSi~lrt~l~;'aliAttie fuq amount of each and £~z~Y wch Dayment shall bear ~nterest from the date the?eof until paid at the rate of ~i?C~lf~$1~iXYe~l6Yper centum per annum; and all said r~crs, charges arx~ expenses so mcur?ed or paid, together w~th such ~nterest, shall be secured by the lien of this mo?tgage. 7. That la1 in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, w(b) in the eve~t any of said sums of money ~ere~n referred t~ be not promptly and fully paid within thirty (30) days next after the same severally becor»e due and payable, H~thout demand er n~t;ce, or tc? in the e~ent cach and eve.v the st~oulations, argeements, conditions and covenants of said promiuory note an~ this mortgage any or e;ther are not dull, promatly and futly pecformed, disCharged, executed, effected, compteted connplied with and 2~ ~ded tiY. then in either o. any su~h event, ihe said aggregate sum mentioned in said promissory• note then remaining unpaid, with interest accrued, and all moneys secured t,ereby, shal! t~ecome due and paya5le forthwith, or thereafter, at the option of said MORTG/1GEE, as fully and completety as if aIl of the said sums of m~ney were or;ginaliy stiputated to be paid on such day, anything in said promissory note or in !h,s Mortgage to !he contrary not withstanding• and thereup~ or thereafter at the ~ption of said MORTGAGEf, without notice or demand, su~t at law or in equity, may be prosccuted as if all mo~ies seCUred hereby had matured prior to ih institution. 8. That i~ the event that at the beg~nning of or at any time pending any wit upo~ this Mortgage, w to foreclose it, or to refoml r or to enforce payment of any ctaims hereunder, said MORTGAGEE shalf apply to the Court having jurisdiction thereof for the appointment of a Reteiver, such Court shalt f~rthwith appoint a Reteiver, of said mortgaged property all and singular, including all and singufar the ~ncome, profits, issues and revenu~~s frem whatevrr ~urce derived, each and every of which, it being expressly understood, is hereby rnort- gaged as if specif;cally set fo~th and described in the granting and habendum clauses hereof, and wch Receiver shall have all the broad and effeCtive funttions and powers in anywise entruzted by a Court to a Reteiver, and stKh appointment shall be made by wCh Court as an admitted equity and a matter of absolute right to said MORTG~RGEE, ar~d withou! reference to the adequaq or inadequaty of the value of ths property mortgaged or to the solvency or ~nsot.ency of said MORTGAGOR or the defendants, and that such rents, profits, intomes, issues and revenues shall be applied by wch Receiver according to the lien or equity of said MORTGAGEE and the practice of such Court. 9. To duly, promptiy and fuliy perform, d~scharge, execute, effect, complete tompty with and abide by each and every the stipei- ;anons, agreeme~ts, condirions and covenants in said promissory note and in this mortgage set forth. 10. That in the event the ownership of the mo~tgaged premises, or any part thereof, becomes vested in a perwn other than the ~~ORTGACAR, the MORT~,ACEE, its successors and auig~s, may, without notice to the MORTGAGOR, deal with such successor or suttessors ~n interest with reference to this mortgage and the debt hereby secured in the same martner as with Mo.tgagor without in any way vitiating distharging the Mortgaga's lisbiliry hereunder or upon the debt hereby setured. No sale of the premises hereby mortgaged ar?d no fore- bea~ance on the part of the MORTGAGEE o~ its successors or assigns and no extension of the time for the payment of the debt hereby secured 3~en by the MORTGAGEE or irs successors or assigns, shall operate to relesse, discharge, modify, change or effect the original tiabiliy of r1,e tv10RTGAt:.OR herein, either in whole o~ in part. 11. It is specifically agreed that time is of the essenCe of fhis oontract and tfiat no waiver or any obligation hereu~der or of the ~b`~gatic~ secured hereby ~,hafl at any tirt?e thereafter be held to be a waiver of the terms hereof or of the instrument setured hereby. ~~+gned. Sealed and delivered in presence ef: \ - - _ - lSEAU - - . - _ _ _ (SEAU STATE OF FLORID/1 ~ COUNTY OF _ - - - - ~ SS i Before me personally appeared - - - - _ - - - - - ard ' - - - - - . _ _ _ his wiEe, to me well kno . nd known to me to be the individuals destribed in a~~ who executed the foregoing instru , and acknowledged before me that they execu the same for the purposes therein expressed. ~ ? WITNESS my ha nd official seal this . - . - - dsy of.--- - - - - . /t D. 14 • : _ - - - - - - - - - - - Notary Public in and for the State of Florida at e. My commiuion eupires: W A : ~ ' a ~ ~ ~ ~ ~Z , i ` w ~ o I ~ ^ iZaz ; I i ~ e Q ~aoo z~ ~ I ~ d~ ~ ` N ~ ; ~ ~ w ~ O ` [S] W ?r ' a ~ ; ~ a ~ f~ ~ ~ ~ ~ p~ O z i k x ~ i (•r ~ Q a ~ i i/~ 0 v 0 d' ` w Z ~ , : ~ , „ A , ~ ~ f ~ r ~ ~'~m i t a I ~ ~ S ~ ~ ~ ~ ~ O ~ ~ ~ ~ ! ~ ~ ` y~~' ; x ~ ; ~ ~ I (3RK 99 PAGf ~ ; ~ ~ i « - ~ ~ _ _ _ ; _ _ _