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HomeMy WebLinkAbout2916 ~ , 6. To pay sll und singular 1he costs, charges. expensrs end attorney's tees reesonably incucred or pald at any tlme Dy the Mortga~ee because ot any detault as to nny stlpulaUon, agreement and covenant ot the note and thts Mortga~e~ or either, or in any suit or proceeding at law or tn equity to wh[ch the Mortgagee shall be and become a party in refeteuce to the MortgagoYs lnterest !n the premises herein mortgaged, o~ tn austatning the lien or prlortty ot thts Mort~s~e: the amounta o[ any such cacts, cAarges, expenses and tees shall elso be deemed a charge and indcbtedneas ~ecured Aercby and bear interest at the same rate a~ the principal [ndebtedness. 7. In ihe event oi a detault in any oi the covenanta ot this Mortgage, the Mortgagee b expressly ~tven the d~ht~ which may be exercixd at sny Ume during the existeace ot any detautt and so long ~s a de[ault ahall exist. to talce poases- sio~ of and hold tAe premises, with or without process oi law, und collect end " recelve Ne rents. tssues aud protits there[~^om, with or without taking possesslon oL the premises, snd to apply the rents, !=sud and prontt to the p~yment oi expenses, charges and amounts due and payable under the pmvisiona ot the note and this Mortgage. The Moct~sgor assigns and transfen unto the Mortgagee the rents, issues and pcoflts ot Ne prem[ses for the purpose aforeuld. The Wc- ing of posseation of the premises nnd the collection of the rents by the Mortgngee shall in no way wdve the ti~ht of the Mortgagee to foreclose this Mortgage because of s detault. Md the Mortgagee may, at any time pending a sult upon thls Diortgage, apply to the Court having iuiisdlMion of such su?t for the eppointment ot a receiver of all and singular the premises und the rents, isaues and pro8ts thereof. and thereupon the Court shaU forthwith, as a strict matter oi r3ght In the 1?tortgagee, and without considetatlon ot the value of the mortgaged premises as aecurity for the ameunts due the Mortgagee, or the solvency of any person or persons bound [or the payment o[ auch amounts. and without notice, sppoint a receiver of all such premisea with the usual powas and duties including the power to rent the premises and to collect the rental thereot and theretrom. the revenue derlved irom said premises to be epplied to the proper charges and expenses attend[ng the receivershtp, texes and asoesatnenb and other charges against and for the protection ot the premises, the payment o[ the indebtedness secured hereby. or o the Court may otherwtse direct. & I[ the premises. or any part thereot, is taken or dama8ed under nny power ot eminent domain or othe~vise. t!?w whatever moneya shall thereby become due the Mortgagor are hereby assigned and shall be patd to the Mortga~ee. wlw. after deducting all reqsonable costs and expenses which may have been [ncurred by it tn the collecUon Uereof. shall apply the remainder of;~Le su$~s rgcetveA jo the payment and saLLsfactlon of the indebtedneas aecured hereby !n full or pro- tanto. My sucplus of sucA moneyr~ ovar aifd above the amounts necessary to pay in NU all lndebtedaess hereby secured shall be paid to the 111ortgagor. ' 9. The Mortgagee shall have the risht at any tlme and from tlme to ttme, and without aotlce to or conaent oi any person, to release any portion of 1he premises from the lien ot this Mortgage and to extend the Ume of payment of all or any part ot the indebtedness, without aIIecting or releasing the personal liabflity ot any person Itable for the paytnent of any sum or interest secured hereby and without in anywise altering, varying or d[minishing the force. etfect or llen oi this Mortgage on all ot the premLses not speciHcally released Irom the lien of this Mortgage by the Mortgagee. ~ i F C d' ? ~ CS i The covenants herein contained shall bind, and the beneSts and sdvantagea shall inure to. the tespeetive 6elts. e~[ecu- ~ tors~ adminlstrators. succesgors. snd assignt ot the parties hereto. Whene~er used, the singular number shall include t2~e ~ plural, the plural tAe aingular. and the use of any gender ahall include all genders. It Is intended that tWs Moiigage and " the note berebq secured are made with reference to and shall be construed as a Florlda contract ead gaveraed try tM ~ laws theseoL ~ W WITNESS WHEREOF, the Mortgagor herein named has herennto set his hand and aeal the dap-and yeu nrrt above written. ~ ~ ~ SiBned. Sealed and Delivered i ~ tn tee presence ot: Gt~ ~I z . ..-------------------------------------~---------..._..-------.___..__.._...._...cs~.~ ~ Faustir~o Lar?da ~ . r ~ ~ ~r ~.~Q ~~'l' Q~~j. J (SEAL) - Ce- a~ Lanaa - ~ _ ~~J~-~ ` x i . . . -._........_._......<SEAL) - • - J Landa ,-k ` , ~6fi~C/ ci~`~'P~/ : , tsEwt.~ - - - - - - - - - - - - - - - ~ - _ _ - - - . . ~ • s;~; K-= ~ ° R n?s~~9~~ ~ . , - _ - - ~ _ : ~ ~ _ .=Y:-