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HomeMy WebLinkAbout2854 ~ ~ ~ , . ~ 6. To pay alt and singular ?hc coats, tharges, expenacs ~~d ~ttorney's tees reasonably incucred or p~W at any Um~ i by the Mortga~ee because ot any defeult as to any stlpulaUon, agreement and covenant ot the aote and Ws Most~s~. or ! either, or in any suit or procceding at law or ln equity to wAich the Mo~tgagee shall be and become a party ia retereuce ~ to the Mort~ugoYa interest tn the premises hereln mortgaged, or in sustsinln~ the lien or ptlority ot tNs l[ort~asa; tha ~ amounts ot any sucA costa, charges, expensea and fees shall aiso be deemed a charQe and indebtadness ~ecured h~t~e~r and bear Interest et the same rate as the princlpal I~debtednesa. T. In the event of a detault in any of the covenants ot this Mortgage, the Mortgagee b exptesdy siven the d~h~ which may be exercised at any Wne during the existepce ot any delault and so long as a detault s1~a11 exist. to Wce pos~ea sion ot and hold the premises, with or without proceas of law, and collect and recelve the renLs, lssues and pro!!b there[rom, with or w;thout taking pasaession ot the premises. and to apply the renta. itsues and ptoII4 to tLe p~,yraent ot expenses, charlCea and amounts due and psyable under the provislons ot the note and thls Mortgage. The MoriQa~or astigns and transters unto the Mortgagee the rents, issues and pro8ts of the premtses for the puepose afoe~es~td. Tt?e tak- ing ot poseeasion ot the premisea nnd the collectfon of the rents by the Mortgagee shall tn no wqy walve the ri~ht of the ! Mortgagee to foreclose this Mortgage because ot a default. i And the Mortgagee may, at any time pendtng a suit upon thb Mortgage. apply to the Court Aaving iurlsdictbn ot ~ such suit for the appointment of a receiver of all and singular the premises and the rents, issues and pro8ts thereof. sad ' thereupon the Court shall torthwith, as a sttict mAtter of right [n the Mortgagee. ~nd witl?out condderstlan Ot the i value ot the mortgaged pmm[ses as securtty tor the amounts due the Mortgagee, or the solvency ot any person or persoas , ' bovnd tor the payment of such amou~ts, and without notice, appoint a recetver ot all such premiaes with the usual powets j and duties including the power to ret?t the premisea and to collect the rentsl thereot and theretmm, the revenue detlved ~ Irom said premises to be applted to the proper charges and expensea attending the receivershlp, taxes and asseasmen4 t and other charges sgainst and tor the protection ot the premises, the payment ot the indebtedness secured hereby. or as the Court may otherwLse direct. 8. It the premises, or any part thereof, is taken or dar.~aged under any power of eminent domatn or otherwlse. tl~a whatever moneys shaU thereby become due the Mortgagor are hereby aasigned and slull be peld to the Mortga~ee. ah0. atter deducting all reasonable costs and expenses wNcA mey have been lncurred by it In the' collecUon thercof. ahall apply the remainder of the sums received to the payment snQ satLs[actlon oi the indebtednds ~ecured hereby in full or pro- tanto. Any surplus of such moneya over and aDove the amounts necessary to pay In full all Indebtedness hereby ~ecured shall be paid to the Mortgago~. 9. The Mortgagee shall have the right at any tlme and from tlme to time, and wlthout notlce to or consent oi any person, to release any portion of the premises from the Ilen oi this Mortgage and to extend the time of payment oi all or any paK of the indebtMness, without aBecting or releasing the personal liab[lity ot any persort W~ble for the payment oi any sum or interest secured hereby and without in anywise altering, varying or d(minishing the force. eitect or llen M this Mortgage on all of the premises not speci8cally released Irom the lien ot this Mortgage by the Mortgegee. i t i € ~ 6 ~p 7F 7 ~ ~ S ~ 2 ~ 5 f ~ The mvcnan4 heretn contalned shall b1nd. and the Deneflts and advsntages shall inure ta. tAe rdpectlve helis. ezecu• ~ tors. adminlstrators. auccessors, and usigns of tt~e parttes hereto. Whenever used. the singuler ntunber sAall include tb~ ~ s plural, the plural the singular, and the use of any gender shall include all ~endera. It is intended that thls ltozt~e and ~ ~ the note hereby secured are made wlth reterence to and st~all be rnnstrued as a Florlda contrut anQ ~anrerntd by tLe ~ la~vs thereoL IN WITNESS WHEREOF. the Mortgagor herein named has hereunto set hIs hand and aeal the day and ~ear Mt # above wrttten. ~ " ~ ~ ~ Signed, Sealed and Del~vered ~ in the Preaence oi: • ~ ~ ~ ~ ~ ~ . • ~ ~ ._...__......_(3EAI.) ~ ~ TertniTle ~ ~ , \ / ; " . ---•--•-•._....(SEAL) ; - - i Mari~e ~ Termiii ~ ~ y ~ ~ ' A / y'< ~ ~ , rt ~ ~y i7d . l~'_.S/._ '""""".L.r_!.-""""""""'""_"" . . "'~?5~~~ i :r., eti:~- it ~ _ ~ - _ . _ . _ . _ . . - - - •-.-•...(SEAL) ~ i - ~ ~ t~ ~ Z~ ~ `~3 ~ " i~~'~'.y ~ ~ ss . . . . - . .