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HomeMy WebLinkAbout0945 6. 'M pay ~1l and tln~ular the ccsts. cAar~ea. e~ta~ and ~ttorney'a teM e~ea~ooabl~ tn~vrr~d oe pdd st W tlan~ by the ldortp~w b~oau~e o[ an~? detault as to W sUPu4?tlon. ~p~eme~t u~d covenant ot tM uott a~d tAh a[oets~e. ae eithee, or la an~? suit or proeeedln~ at law a~ ia equiq? to which tM ~lort~a`ee abW be aad b~ooeM ~ p~rt~ ta r~tw?o~ to the Mortsasoi's Wt~rest la the Pnmises Aeretn mortsased. oe !n sustalNnt tht UeA or pclorlt7 a thls itott~ W. amounts o[ W? wcA casts. c1u?r~es. expeases aad tses shW aHo be deemed • ch~ aad faaa~ Ne.wtrd b~='~DO? •nd bear Interest at the same rate ~s the pelnciQal lndebt~dnea~. 4. In the event at a 8etault iA any ot tbe oovenaats of thls 1[ortsa~e. t1~e Mort~a~e b e~p~? i~~ whicb may be exercbed ~t any Ume durin~ We e~oe ot W dei~ult and ~o lo~ as a 8ehult sAaU ~xi~t. to take pow~- slon or ana nola ene preml.a. ..fu~ or ..iwouc prooe~s ae Lw, .na couecc ana reoelw u~e e~t~, t~es aea pro~lts there[rom. wiW or without takinH Poradaf ot the premises. aad W aPP1Y We e+ents. loues tad proIIts to tb! pyrriNnt of expenses. aharges aad amounts due and pay~ble under the provWons ~ the note aad tNs ylort~. TM Yortsasor asdgns aad trandera unto the Mortg~ee the rents. i»ues and proflts o! tbe premtses for tAe puipo~e dorewid. Tl~t tak- Ing °i pos~e~lon ot tDe Premises and the collectiaa oi the re~ts by the Mort~aeee shW tn no way w~lw tM rl~At ot th~ Mortga~ee to foreclose this 11[ort~age beaose ot a defaul~ • ~ Md the Moetgagee map. at any t[me perdin8 a suit upon this Mort~sg~. aPPI~? to the Court havfa~ ~uisdictba ot such svit for the appolntmeat of a recetver of all and sinaular the premises and the rents. f~wes aad prollts thereo~ and Wereupon the Oourt thW forthwlth~ as a strict mstter of rt~nt ln the Mortga~ce. aad witbout ow~dderatbn et tbe value af the mort~aged premfaes as security for the anwunta due the Mort~a~ee. or the soivenc~ oi ~np persoa or peraons bound for thc p~yment of such amounts. and withqut nottce. appdnt a receiver of all sucb premisa wlth the usual powees and duties lncluding the power to nat the Premiaes and to collect the renW thereof anA tAerefrom. tM ravauus 8arlvsd from said premisea to be appUed to the proper cMrges and expenses attendtng the recetvenhlp. taxes ud ~b - and other charges sgatnst and for the protectlon of the prembes. the MYmeat of the indebtedness iecured MreDy. or ~s the Court maY othe~rise direct. ~ 8. It the premises. or any part thereoi. b Lken or dan?a8ed under any poarer of eminent aoaiWa or otAerwlte. tlrea whatever moneys sball thereby become due the Mort~a~or aer hereby a~sigaed aad shaU be patd to the Hort~ate~. wbq after deducting sll reaaonable costs snd expenses whkh maY have been [ncurred .~It~ p tl~e• eR1l~tlon thereo~ tAall t~an o. NaY ~ius oi ~ch mo en ~~rs [ved ~ the mouats n~eceffiari? to WU? fa tult all lndebted~Aet+eb7 aecur~ed shall be aid to ths Mortgagor. 9. The Mortgagee shall have the dght at any time and from time to t1me. atW ~rlthout aoitae W or oonseat ot an~r person. to release any portion ot We premises irom the Uen ot thls Mortgsge and to extend the tim~e ot psynaent o[ all or sny part o! the indebtedness. without affeMing or releasin~ the personal liabWq? of any persoa WWe for the psynaent o[ any sum or intereat secured hereby and wlthout in anywise altering. varying or dtminfshing the fot+oe. ettect a~ lten e[ this Mortgage on all ot the premises not apeciIIcally released !mm the lien ot this Mortga~e by the Mo~a`ee. ~I . I i ! ~ i ~ The cav~anb herein contafned shall btnd, and the benenb sad advaatages shall inure t0. the rapectlMe beles. ezeN- tor~. adtNnlstr:tors. suooeaaors. ai?d assi~s oi the parties hereto. Whenrver used. the singular number sl~ari indude t6~ Plural. tUe plural the dngular. ~nd t6e use of aay ~a?der shall iaclude all ~endea It 4 intended t6at tbls ~o~tp~ and the note herebp secured are msde with reference to aod ~hall be construed as a Flor[da oontratt and So?erued b7 tl~ laws thereo~L - IN WIINFS3 W~iERDOF, tlie Mortgsgor hertin named has hereunto ~et his haad and seal tbe dp and ~r II~st above wiitten. Slgned, Se~led aad Delivered / _ in the Praeaoe o1: _ = _ (BEAL) JJacob Pauts • (SEAL) ----••••--_••--•---..~'•~:..---._v . ~ ~ Lore A. Pautz ~ ; . _ _.....----~--.._..._......._......_......-----..__......._....____~.____._._._......csFr?i.~ J n . J son I ' • ---._...----------------------------------------------------------------------------------...csFr?z.~ Teresa aiuri ~ bDO~~/1 ~J16E ~ ~ " ' ~ " . . - F ^ '?w .v ~ ~ , ~ a y- ~.~~~Sl~~i..~°f'kF a°~'S°4 t~' . _ .