HomeMy WebLinkAbout0325 with end abid~ by ~sth end w~ry ~M stipul~t'wns, agrwrnN+fs, conditions, snd cowna~h of s~id proRwssory eot~
end this Mortqeq~. sny or NtMr. !nd se~d cosh. c1~e e ~apMS~s. ~ech sed w~ry. sbaN b~ in+rn~dwhly dw
aod p~yebb: wMth~r or not th~ b~ notic~, d~rnehd, a to'coll~i~ T~it p~ndinq; snd tM fuN enwunt of
~ach ~nd ~wry wch piyn~nt shs~ b~er ~~t~t f?wn tM ds tMrwf unfi psid at th~ ~et~ of pK c~ntum
p~r ennurn; si+d aa ssid cosh, thsrg~s end ~ip~ns~s so incurnd or paid, bq~tMr with wch int~nst, shell b~ s~cuhd
by tM I~•~ of thi: Morfqeq~.
6. That (s) in th~ w~nt of any brosch of thi: Mortgeq~ or d~feult o~ th~ pert of th~ MORTGNGOR, or (b~
~n the srsnt of any of ssid wrr+s of monoy hsn~n hfK~d to b~ not promptly snd fuNy peid within thirty (30~ deys
next aftsr th~ senw sws~elly bscom~ dw end peyabl~. without d~msnd o? nottc~, or (c) in ths svent eech and
svery ths stipuletions, agn~mM+h: conditwns and covenants of ssid p~omiuory noh snd this Morfgeq~, eny or
s~ther, aro not duly, promptly and fu~y psrformsd, dixherged, e:~cutsd, effscted, compl~ted, complied with and
ab~ded by; the~ in sithsr or any wch wsnt, the seid aggregste wm msntiooed in ssid promissory noh fh~n h-
maining unpeid. with interost eccrusd. and aN nwMys s~tund Mnbr sliall b~com~ ~dw end paysbb forthwith. or
thsroaftsr, st th~ option of said MORTGAGEE, es fuHy and compl~t~ly as if eA ths said wms of mon~y wKe
originally sfipuleted ~o be paid on such day. anythinq in seid promissory noh or in this Mortgsgs to fhs coefrery
notM?ithstand~ng; end thsroupon or thsroefter at tM option of said MORTG/1GEE, w~thout rat~cs or d~mend; wit
at law or in ~quity, therstoforo or thsreeftK bsgue, n+ey bs prosecutsd as if ell monsys secursd hsn5y hed
rnaturod priOt to i1s institutiOn.
Thet. in the svent thef at the bsginning of or eny tims pMding eny wit upon this Morfgsqs, or fo foncbse
~t, or to rofonn it, or to aiforce paymsnt of aey cbims hsrsunder, ss~d MORTGAGEE sheN apply to fM Court
havinq jurisdictwn thsroof for ths appointment of a R~c~ivsr, wch Court shall forthwith eppoint a Rsceiver of said
rnortqagsd propsr#y an and singular, includinq aM and singule~ ths incoms, profih, iuues and rovsnues from whet-
evsr sourcs derived each and every oi which, it bsing s:prossly undsrstood, is hsroby mortgaqed es if sp~cifically
set- forth and described in ths granting and 1?absndum ckusss hKeof, and such Rxe~wr shell heve all tM broed
and eNscfivs functions end powers in_anywiss entrustsd by s Court to a Recsiver, and such eppointmsnt shaM bs
made by wch Court es an admittsd equity and a matter of absolute right io said MORTGNGEE, and without
referonce to ths adequacy or inedequacy of ths velue of ihs propsrty mortgagsd or to the wlwncy or ~nsoh?~c:y
of said MORTGAGORS or the defsedents. a~d fhat wch rents. profts. incoms. iuues end rovsnuss shaq bs appli~d
by wch Rxeivsr according to ths liee or squity of said MORTG/1GEE and ths prectice of such Court.
8. To duly, promptly end fully psrfomn, discharg~, e:xute, sffect, comp{ste, comply with and abide by ~sd~
and every ~hs stipubtians, aqrosmsnts. conditrons end cavsnents in seid promiuory nots end in this Morfgsqs sst
forth.
4. That in the evsnt ths ownsrship of ths mortgagsd promisss, or airy part theroof, bswmes wsted in a "
person other then ths MORTGAGOR, ths MORTU/1GEE, their wccesson and auigns, may, without notice to ths
MORTGAGOR, deal with wch succsssor or succssson in ~nterost with rofsrencs to this Mortgags and the debt
heroby secured in fhs sems mannsr as with ths MORTG/1GOR without in eny wey vitiefing or discharging ths
MORTG/1GOR'S liebility hsrounder or upo~ the debt hsroby seturod. No sals of ths promises hsroby mortgaqsd
...rl t~.~.:_._..:~ al.~ ..~.a a{..: A.1QRTr A(,FF N.~:. ~...`I ..r ._.~~..g::... ~t N.r a;...~
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for the payment of ths debt hsreby secured given by ths MORTGAGEE or their successors or euigns, shall operate
' 'to rolease, dixhargs, modi~y, change or effect the original liebilify of ths MORTG/~GOR heroin, eithsr in whols
f or ~n pac4.
~ 10. It is spscifically agrosd that tims is of ths essencs of this conhact and that no waivsr of any obfigetion
~ hereunder or of ~he obliqation secured hereby shall at any time thsroeftsr bs held to be a weiver of ths terms
~ hereof or of ths instniment sscured hsroby.
~ IN WITNESS WHEREOF~ ~s se~d MORTGAGOR has hsreunto set his hand aod s~el the dey and
year first ebove written. -
Signsd. $selsc! and Deliverod -
I Our Pressncs SADD REEK ON
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: en f ''~`.~-i'i~
ATT •
~ Execu i re i ~ 4~ i
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~ ST/1TE OF FLOR10/1 ~:1 ;1'~ G -
) ~a: • ' . . ~
COUNTY OF POLK ) ~tr'r?:' '~'~x`~ c:. ~ ;
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~ Before me psrsonelly appsarod , ` : . q _ -
y end his wifi. to ms weN known. and known 1~o ms to bs' • r~•- .
~l:~, , t:.}:::..
dividuals describsd in and who exscutsd ths forogoing instrumsnt, and acluwwl~dqsd beforo ms that ifiiy;~
ecutsd ths sams for ths purposss thsre~n euprssssd. Md ths ssid .5
wife of th~ said upoe a sepereM aod privah ~aamine.tion by ms tak~n
ssparets end apart from her said husbsnd, ecknowl~dq~d t~o and bsfon rrM thst shs ~c~cuhd said instrum~nt fnsly
end voluntarily and without eny wmpufsion, constraint, apphh~nsion, or fisr of or from hsr ssid husbsed.
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WITNESS my hend and official s~sl this day of /1. D. 19 . }
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Notery PubGc - Stah of et Lerg~ ~ i
My Goenmi~ion E:pihs: _ ~ :
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