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Home My WebLink About0378 .t ~,oncy w poticies said MORTGAGEE shail have the optio~ w receive and apply me same un account of the indebtedness secured nerebv w*~+ permit said MORTG/1CARS to receive and use if Or sny part the?~Of fW otF+er putpt?ses withouf fhereby waevin~ ot impai~inB sny equity. lien o? right u~der o~ by virtue of this Mort~sQe; and in tFw rw~t s~id MORTC/1GOR$ shall (o. any reasan fail to keep tF+e ssid premiscs so inwred, or fail to deli~e~ promptly any of said polities of inwr~ncs to said MORTGAGEE. o~ fail promptly to psy fully any ~emium the?efor~ or in s~y respett fail to perfo~m, discl+aree, exetute, effxt, canplai~. comply with s~d abide by this cove~snt, or anv pa~t hereof, ssid MORT G/1GEE may place and pay fw s~xh inwrance or a~y put tMnof wlthout w~ivin~ w affetti~ any option, I~en. eQuity. or ~ight w+der or by virtue of ihis Mortgaga, snd the full amount of each snd ew wth payment sh~ll bs imrt~adiately due snd payable and sF~all bea• interest from the date thereof until paid at the ~ste of ~QC~1l7~tY~~ pe~ cent p~? aonum and to`ethe~ with such inte~est shall be secured by ths I~en of this mortgage. 3@VeTI 8IK'I ODE- quarter 1. To permit, tortvnit o? wffer no wa3t~, Impsirrrnnt or dete?ioration of ssld property or any psrt theroof. 5. It is hereby specificslly sgreed thst sny sum o? sums which may be lo~ned or sdvanted by the Mortgagee to the Mo~tgagor st any time after the ?etording ot this indenture. togethtr with interest thereon at tF+e nM a~~eed upon st the time of wch loan or adva~ce, shall be equa~ly secured with and have tF?e same p?iwity as the origin~l indebtedness, a~d be wbject ro all tha terms and provisions of this mortgage: ~ Prwided, that the aggregate amount of printipal outstandir?~ at any time sh~ll not exteed an amwx~t eqwl to one ixrndred and fifty per tent 11509b) of the prirttipal amounf originally setuted hereby. 6. To pay atl and singular the costs, charges and expenses, ir+cludin~ a roasonable attorney's fee snd costs of abstract of title in- cu?red or paid at ~ny time by said MORTGAGEE because or in the evmt of the fsilure on the pa?t of the said MORTGAGOR to duly, promptly and fully perform, discharge, execute, effect, complete, tomply with and abide by exh snd every the stlpulations, agreements, cor~ditions and covenants of said promissory note and this rtwrtgage any or either, a~ co~~~;1~~K~~~~~{. _,{~,4~,~r+d every, shall be immediately due and payable; whether w not there be notice, dan+and, a to obT ~i ah!`1f~eff~fi~ymount of each and every such payment shall bear interest from the date thereof until paid at the nM of G pe~ tentum per smum; snd all said f costs, charga and exper?ses so incurred or paid, together with wch ~~tersst. shall be securcd by the lien of this mort~a~~. 7. That ls) in the event of any breach of this Mortgage or defsult on the part of the MORTG/1GOR, or (b) in the we~t any of said sumi of mo~ey herein referred to be not promptly and fully paid within thirty t30) days nent afte~ the same severally become due and psyable, without demand or notice, or (c) in the event each and everv the stioulatians, argeert~ents, conditiau and tovenants of ssid promiuory note and this matgage any or either are not duly, prompNy and fully perforrned, discharged, executed, efhcted, compkted canplied with and abided by. then in either a a~y uxh eve~t, the said aggregate wm mentior~ed in ssid promissory note then remainin~ unpaid, with (nterest acuued, a~d all awneys secured hereby, shall become dus snd WYable forthwith. or thereaher. st the option of said MORTGAGEE. as fully and completely as if all of the said wms of money were origirolty stipulatsd to be psid an sud~ day. anything in said promissory note or in this Mortgage to the tontrary not withstanding; and thereupon or thereake? at the option of said~ MORTGAGEE, without notite or demand, wit at law or in equify. may be prosecuted as if all monies secured hereby hd matu~d prior to its insNtufio~. 8. That in the event that st the beginning of or at sny Hme pa~diry~ any wit upon this Mortgage, or w forectoss it, or to refonn it, o? w enforce payment of sny claims hereunder, said MORTGAGEE sh~l) apply to the Court having ju~sdiction thereof for tM sppointrnent of s Receiver, wch Court shall forthwith sppoint a Receive?. of ssid mort~a~ed property all and singula~, including all snd sinQular the incwne~ profits, issues and revenues from whatevcr source derived, eath snd every of which. it being exp~essly undeatood, B hereby mort- gaged as if specifically set fo?th and described in tF+e granting and hsba~d~xn clausa hereof. and wch Receive? shall have all the brwd ~nd effective functions and powers in anywise entrusted by a Court to a Receiver. and wth appointment shall be made by wth Court u an admitted equity and a matter of absolute right to ssid MORTGAGEE, and without roference to the sdequaty or insdequscy of tF?e value of tM P~ope?h~ mortBaBed w ro the solvency or insolvency of said MORTG/1GOR or the defendants, snd that wch rents, profits, intomes, issuea and revenues shall be spplied by wch Rcceiver according to the lien or eq~dty of said MORTGAGEE ~nd the practice of such Court. i 9. To duly. promptly and fully perfwm, dixharges, execute. effact. oomplete comply with snd abide by each and every the stipu- ~ Iations, agreements. conditiorn and covenann in said promissory note and in this mort~sQe set forth. 10. That in the event the ow~e.ship of the mortgs6ed premises. or any psrt thereof. becomes vested in a person other thsn N+e MORTGAGOR, the MORTGAGEE, its wccessors and asgigru, may, without notice to the MORTGAfAR, deal with such wotessor or suecessors in interest with reference to this rrartgage and the debt hereby sccured in the same msnner as with Mwtgagor without in a~y way vitiatin~ or discha~ging the Mwtgago?'s liability he~mder o? upon the debt hereby secured. No sab of the premises hereby mortgsge~ a~d no fora bearance on the part of the MORTGAGEE n. its wcceuors or sssigns s~d no extauion of the time fo? the paymMt of the debt hereby securad given by the MORTGAGEE or its wccessors w assigru. shstl opente to rolesse. ~schsrQe. modify. changa or effect the original. liabiliy of the f~10RTGAGOR herein, either in whole or in part. ~ 1 l. It is specifically agreed that tims is of the ~ssenoe of this aontnct snd that no waiv~er or any abli~stion herou~der or of th~ obligation setured hereby shall at sny time the?eafter bs held to bs a waiver of the terms hereof or of the instrumeot secured hereby. ! . Sealed and delivered in p?eser+ce of: ' ~ ~ ; _ . . - - - (SE/1U ~ E i 1 - ~ . _ _ ~S~V pS f - F ~ ST/1TE OF FLORIDA e S$. ~ ; COUNI'b OF- - i ` Before me personally sppearod s^d ` _ his wife, to me well krwwn. sn own to me to be the individuals destribed in . e and who ezetuted the foreQoinQ inst , snd acknowledQed before me that they exetuted t me for the purposes therein e~cpressed. e a ~ WITNESS my hsnd official sesl this sy ~ , d of---------------------------- - . /1. D. 19---- - ' ~ ~ - ~ Notary Publk in and for the Stste of Florida st Lsr~e. K My commission expires: ~ . ~ ~ ~ f~? ! t t s ~ ~ ~ s ~ w ' d ~ ~o x : w V . - ZQZ ~ e _ A i = z ~ ~ { - aN~ o x~S w < ~ ~ ~ m ' ~ ~ 0 QZ~ ~ ~~0° ? , _ -_woo V ~~e ~ A.,~ ~ ~ ~ ~ ~ $ ~Z° A d ~ = ~ ` ~ C ~ ~ , ~ i O ~ ~ ~ OU ~ 378 ~ . . ~ . , ~ _ - ~ s - = ~ R.~~~~-,__~ _ - . _ ~ = - ~