HomeMy WebLinkAbout2776 6. To pay sll and singula~ the coats, cherges, expenses and sttorney's te~s ressonably it?curted or pald at any tlme
by thr Mortgagec bccause ot aoy defeult as to any sUpulatlo~, ag~eement and rnvenant o[ the note and thls Mortga~e. oe
either, or jn any suit or proceeding at law or in eyufty to which the Mortgagee shali be and become a party In seference
to the Mortgagors Interest !n the pcemises Aerein mortgaged, or in sustaintng the liett or priority ot thlt Mort~e; the
amounu ot any such costs, charges, expenses and iees shsll aiso be deemed a charge and indebtedness secured Aereby
end bear interest at 1he same rate as the principal indebtedness.
7. In the event of a default In any ot the covenants ot this Mortgage, tAe Mortgegee b expressly given the tight.
which may be exercised at any time during the exlateace ot any detault end ao long es a default shall exlst, to talce poases-
slon of and hold the premises, with or without proce8s ot lew, eu~d collect and receive tAe rents. L~tues ~nd pmtlts
there[rom, with or without taking possessfon ot the premises, and to apply the rents, iatues and pmsts to tbe p~yment
uf expenses, charges and amounts due and payable under the provisions ot the note and this Mortgage. The Mort~agor
assigns and transters unto the Mortgagee the rents, issues and pro8ts~ot the premtses for the purpose doresald. The tak-
ing of possession ot the premises and the collect[on ot the rents by the Mortgagee shall tn no way waive the right ot the
I?iortgagee to foreclose this Mortgage because ot a de[au?t.
And the Mortgagee may. at any time pending s suft upon this biortgage, apply to the Court havtng jurlsdlctlon o!
such suit tor the appofntment ot a receiver ot all and singular the premises and the rens. issuea ~nd pro8ts thereof. and
thereupon the Court ahall tnrthwith, as a strict matter ot right in the &iortgagee, a:id without conslderaUon oi Ufe
value ot the mortgaged premises as security tor the amounts due Lhe Mortgagee, or the s~lvency of sny person or peraons
bound tor the payrnent of such amounts~ and without notice, appoint a recetver ot all such premLses with the usual powees
and duties including the power to rent the premises and to collect the rental thereot and theretrom. the reveaue dertved
from said premises to be applied to the proper cAarqes and expenses attending the recei~~ershtp, taxes and assessntenb
and other charges against and foc the pmtection ot the premises, the payment ot the indebtedness secuced hereby, or as
the Court may otherwise direct.
8. It the premises, or any part thereot, Lc taken or damaRed under any power of eminent domain or otherwise. Wea
whatever moneys shall thereby become due the Mortgagor ace hereby assigned and shall be paid to the Mortgagee. who.
aiter deducting all reasonable costs and expenses which may have been incurird by it in the collection thereof. aball
apply the remainder oL the sums received to the payment and satisfaction of the indebtedness aecured hereby in full or pro-
tanto. Any surplus ot such moneys over and above the amounts necessary j~a~n tu~ ~1LI~~bty~ess herPby secured
ahall be paid to the Mortgagor. ~P ~~S z
9_ The Mortgagee shall ha~e the right at any time and from time to tlme, and without notice to or consent of any
person, to release any portion of the premises trom the lien of this Aiortgage and to extend tlSe't1~'6! payment oi all or
any part ot the indebtedness, without agecting or releasing the personal liability of 8ny persori 1Llble for Uie payment of
any sum or interest secured hereby and wlthout in anywise altering, ~•arying or dtminishin~ Me force. efiect or llen o!
this Mortgage on all ot the premises not speci9cally relea~sed trom the lien of :thit Mortgage py~ t~e MQrtgagee.
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; The covenants Aerein contained shall bind, and the beneflts and advantages shall inure to, the respective hdn. execu• ,
~ tors. administraWrs, successors, and assigns of the parties hereto. Whenever used, the aingular number shall include tLe
3 plural, the plural the aingular, and the use of any gender shall include all genders. It is intended that tNs Mortgage and
~ the note herebq secured are msde with reference to and ahall be construed as a Florida contract and ~overned by the
laws thenw~
~ IN WITNFSS WHERflOF. the Mortgagor hereIn named has hereunto aet his hand and seal the day and yeu flrst
~ above written.
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~ Signed, Sealed and Delivered ~
~ in the Presence of:
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~ ~1--a!%I~i¢7'T --...n.._ ._...(SEAI.)
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Y Willi Shewch
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; : ~ Aniie ~Shewchuk
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