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HomeMy WebLinkAbout2928 6, 1b p~y all and dngula~ the caats. cAarges, expe~sea and attorney's tees reasonably lncurnd or pald at auy Wn~ by tAe Mort~ee becauae o[ tay detsult sa to sny sUpulatlon, agreement and covenant ot the note and tNs Mort~a`e. or either. or in any sult or proceeding at law or W equity to whlcA the Moctgagee shall be and become a pasty it1 sefecenc~ to the Mortgagor's faterest U? the premises herein mortgaged. or In sustalNng the lten or prlority ot Ws 1[ottsap; Ws amounts ot any sucA costs. char8es. expenses and fees shall also be dcemed a charYe aad lnaebtedneas aec~tred l~er~? and beu Interest at the same rate aa the princlpal Indcbtedness. 7. In the event of a detRUlt in any o! the cove«au4 of thls Mortgsge. the MortQa~ee h e~cpraaty ~ive~ tl~e ctthb w1~IcA may be exercised at any time dur[ng the e~datence of any detault and so long as a dci~ult sAall extst. to take po~ea ston of and hold the premises. alth or witbout pra.ris ot law. and collect and recelve the rentt~ fasues ~nd protlts theretrom. with or wiWout taking po~on of the premises. and to ePP1y t1~e npta. ifwes and P~L a~ P~Y~t ot expenses, charges and eimounts due and psyaDle under the provisions o! the note and tNs Mort~~e. The MortjaQor as~lgns and transfers unto the Mortgagee the rents. istues and pro8ts of the premises for the purpwe afosesaW. TUs tak- ing ot pos~easion of the premises and the colltctioa of the rents by the Mortgsgee sMU ln no wsy ~watve tAe rliht ot tbe Mortgagee to Lorecfoae this Mortgage because ot a defaul~ Md the Mortgagee may. at any Wne pendfng a suft upon Nls Mortgage, apply to tAe C7ourt luvin~ fitrldictlon oi such suit [or the appolntment ot s receiver o! ari and slr~gulu the premises and the renu. lasues ~nd pmIIts thereo~ ~ad Nereupon the Court shaA forthwith. ss s stdct matter ot right !n the MortgaQee. and wlthout aonsidentioa oi tae value of tl~e mort`aged premLtes as secucity for the amounb due the Mortgagee. or the solvency of any peisoa or per~wu bound for the payment ot ach amounts, and without not[ce. appotnt a receiver oi all such premlies wlth the uaul po~weit and duties fncluding the power to rent the premises and to collect the rental thereot and therefrom. tM revenue d~ived irom sa[d premises to be appIIed to the proper charges and expenses attending the recelverahip. taxes and ~menb and other char~es against aad for Ne protecUoe of the premiaes. the PaYn?ent ot the indebtedness secused bereby. or as the Court ma~y otherwix ditecR. 8. It t!?e premtses. or any p~rt thereoi. b taken or damaBed undec ailY PoWer ot emtnent domain or otherwbe. thea whatever moneys ahaU thereby become due the Mortgsgor are hereby a~astgned and shari be pald to the Mortgajee. w~ aiter deducting all reasonable coats and expensea whlch may have been incurnd by It in the coAectlon theno~ aball t~aipittyo.~Any~lus t~cU~mdneyrs'ovet an eb~wemthe amoun~n~ecessary to paY~ln t~uu~a111~?aeDtedaes+i de~ ~kcured shall be paid to the Mort~agor. - 9. The Mortgagee shall have the right at ~ny Ume and from Wne to time. and without notlce to or conaent o! aa7? person. to release any portion ot the premises from the llen ot thb Mortgage and to extead the Ume of payment ot all ot any part ot the lndebtednea~. withont aIIecUng or releasin~ the pecsonal liabtlity ot any person tiable for the payment oi any sum or intetest secured Aereby and without in anywise alterin~, varying or dlminishtnY the force. etteM or llea o[ this Mortgage on all ot the premtses not spedscally released [rom the Iten ot this Mortgage by the Mort~agee. 1 I ~ ~ i [ ~ a ~ T6e cavenants hen[n contained shall bind, and the beaeflts and advaatages shall Wun to. the re~ectlve he1:s. execu- ~ toa, administratois. wooesson, and assigns of the parties hereto. Whenever u~ed, the singular number thall fnclude th~ ~ plural. We plural We aingular. and the use of any gender shall Include all ~enders. It is intended ttut this Mort~~ and the note bereby sec~ured are made witb relerence to and shal~ be construed as s Florida co~traet and ~o+rerned b~? t!r ~ law?s there~oL . _ _ _ _ _ IN WTPNFS3 VVHEREOF~ the Mortgagor herela named haa het~+eunto set h1s hand aad ~eal the dp and par Mt ~ abov~e vrrftten. - ~ _ ~ ~ s~gnea, s~~a ,~a nPai~na ~ ~ ~ r~Ace ~ , v°~~ %'~r.ti~ -~i~ w._.cs~L~ ~ . ` _ ,F ~ ; = ; L J ; ~ c~ ep ~ . ~ ``c< . • ~y ; ` ~ ' / ~ ~ . " ~ ~ ' - . ~~J~ , . 4 ` ~ ` / fl i C , ~t,tQ y,~,~, ~ ~ ,~".1 ~ ~.._(SEAL) - _ V~Z'q? 1Z g'~~I. ~~.a~.a,dll _w . ~ ~~~~`z s~-+ t/ .....•---...---•---••---•--.._._....._--_..••°•-----___.....(SF.AI.I - ` , 4 .<SEAL) ~ • Fx. ~ ~ _ ~ a~ ~ ~ ~ ~ . ~:rz r ,~,'.-~,z: - ~-S . i . . . . - . . , •