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HomeMy WebLinkAbout2045 i .1 , . . ~Mr a po~lcbs s++d MORTGAGEE t1~it haw M» opt+on w naivr a~d pp~y tn~ w.» un account a M» ie~d~badrwss s~cwra nKrbv a u. p~r~+it sad MORTU~GORS ro re~oNV~ and us~ 1~ o~ anp O+n IMi'p1 fa aMr ~~po~~ withou~ M+~~br rra~vin~ o~ in~par?~y +rM? ~b. ti~n w• f und~~ a by vl?tw of this Mon~ap: and in the ~?~nt t~td MORT~J~IUORS d+~ll fo• ~ny rNwn fail ro k«p th~ s~W 0r'~~ ~ a +4 a fail ro d~1i~. v~~+Wh MY of s.b aa+a.~ ot uau..na ~o ~a~d MOttTC.~?c,~~. a bu ~~y w pay h+ih? «w w«~+~~ w M am? ~tsp~tt fail to pafa~n, distl+~.~. ~+aw/~.-~fhtt. ~n~pl~t~. conply vNM and abid~ bY tMs tw~nant. or anv Wtt l+~wl. tNd MORT GAt'.EE V~+a Wr to. wch ie+w.anu aa~+~? put tM~wf without vatvM~ w aff~ctin! +~w aWia+. tta+. puib~ a ~t~ht undM a by vi?tw of this Mwt~ . and tM full an?a~nt of wch and~t~~w~i~ ~wd+ P+Y~~t d?dl b~ Imrndtat~ip dw ai+d WY~M ~d ahall bw~ iabryt f~an tl+~ daM tl+enof until psld at th~ rab of ~~~i~Tiit~ pK c~nt p~? anw~n ~nd 1optMwr with a+d~ int~nst sh~ll b~ sttuhd b!? tM of ~ ~ar- seven and one-half 4. To pKn~it, oanmit or wfft~ no wast~. ImPs~m~+t a d~te~iwation of ~id propKty a sny OKt tMriof. _ S. It is hereby specifically a~rasd thst any wm or s~xns whith m~y b~ Iwned w ~dvanc~d b~r tM Matt~~se to th~ Mat~s~o? at any tirn~ aftK tM recordins of this indenturo, to~etMr wlth Mterast thtnon st th~ rab s`r~d upon at tF~~ tirta of sud~ bsn o? advsnc~. shall M eqwlly secu?ed with s~d have the same priority as the orisinal indebtedrwss, and be subjett w all tM tem~s a~d p~ovisions of thts nartesp: Provid~d. that the s~re~ate amamt of principal outstandin~ at any tim~ ~11 not ~xcaed an smax~t pwl to one Fxudrod ~~d fiitY per cent c15096) of the principat smount «teinaly secw~d hKeby. 6: To ouy all and singdl~. ths encts_ tharges and exDenses. inthdins a re~so~sbk a~'s fee snd oosts of abstrsct of Htit in- currcd or paid at any time by sa~d MORTG/1CEE because or in ~ne evcnt of [e~ rs~iuro ~s the ~t o the ssid MORTGNGOR w duty. P~P~N and tully Perfwm. Q b1? every stipulati sgreements. conditior~ diuhsr e, execute. effett. campkte, tomply with and sbids ~ad~ .on~ and tovenants of said promissory note and this mo~tga~e any _!t~e- e~± r^R~?!~Al~S~~feh~~ ~~~Y. swll b~ _.,~~~~~y d~ n~y~~•, w!+•R?x. ~..±ott there be notice. demand. sftempt to ool' or it snd tM full amax+t of e~ch and every wth psyme~t shall bear interest from the date thereof unHl paid st ths ~ate of r centum per smwn; ~nd all said tosts, cha~es and expenses so irxurred or paid. together with such ~nte~ut, shill bs scturcd by the lien of tNs mwtQa~a 7. That (a) in tF+e event of any breach of this Mortgage or dehult an the part of the MORTG/?GOR. o? (b) in the ave~t ~~?y of saW wms of money he?ei~ referred w be ~ut prompty and tully paid withi~ thi?ty l30) days next sRer the same sevenlly become dus snd WY~~. without demand or eatice, or_ (c) in the event each and everv the stioutaNa~s, argeements, conditions and covei+ants of said promissory raM and this mortgaQe any or either are not duly. promptiy snd iully performed, dischsrged~ executed. effected. completed camplied with snd abidad by. then in either o. any such event, the said sBHregste wm mentior+ed in ssW promiuory note M~en remaioing unpaid, with interest accruad. and all moneys secured hereby~ shalt become due and psyable forthwith. or thercsfter, at the option of said ~~RTC/1GEE, ss fuly snd car~pktely u if all of the said wms of money were originally stipulated to be psid on wth day. snything in saW promissory nots or ie tfiis MortpQe to the contrary not withsta~ding; and thereupon or thereafter at the option of said MORTG/1GEE. without notice or den~and. wit ~t bw or in equiy, rwy be proaecuted as if all mooies secured hereby had maturod prio? to its institution. 8. That in the event that at the beginning of or at uiy time per~ding any wit upo~ this Mortgage. or to foroclose it. or to rofo~m it. or to enforoe payment of any ctaims hereunder. said MORTG/1GEE shall ap'iy to tF+e Court havina (urisdiction tF+ereof for the appointmmt of a Receiver. wd~ Court shall forthwith sppoint a Receiver. of said mortpQed property all and singular, including all and singula~ the inoome, profits. iswes and reverxies from whatever source derived, each snd every of which. it being expnssly unde?stood. is herebY mort gsg~d ss if specificslly set forth and desc~ibed in ti+e grantir~ and habendurn clwses hereof, and suth Receiver shall have all the broad and effective f~r~ctiau snd po~w~rs in anywise enmisted by a Court to a Receiver. s~d wch appointment shall be msde by wch Court ss sn sdmitted equity and s matter of absolute right to said MORTG/?GEE. and without reference to the sdoquacy or inadequscq of ths value of tM propKty nwrtgaged or to the soivency or iruoivency of said MORTG/~GOR or the defendants. and that such ronts. profits„ incomes, issws and ~ shall be appiied by such Receiver socording to the lien or equity of said MORTG/1GEE snd the pnctice of wch Cflurt. 9. To duly. promptly and fully perform, discF+arge. execute. effect. aompkte oomph? wIN+ and abide by each and every ths sNpu- btions„ a~ree~nents. cot~ditions snd covensnts in said promissory nofe snd in tFJs morfas~e set fath 10. That M the event the owne?ship of the matgs6ed pramises, or sny psrt thereof. becornes vested in a person other th~n th~ MORTGI~GOR. the MORTGJIGEE, its wocessors and assigns. nn~Y: without notioe to ths MORTCJIGOR. deal with such suooasor or wooesso~s in interost with referente to this mortgage and the debt hereby securcd in the same manne? ss with Mortgsgor without in sny way vitiatl~ a~stht?~to6 tF~ MortBaQor~s lisbillty herar~ler or upon the debt hsreby securod. No sab of the premises herebY mortWied snd no foro- bearsnce an the pa?t of the MORTGAGEE or its successors or.assi~ns and no ~xtMSion of the Hme fo? the psynient of tha debt hereby sewro6 given by the MORTG/?GEE or its wocessors or sssig~s, shsll opr~te to rol~se. dischsrg~. nw~fy. d+a~{e e? effeef the aiginal Ilability of rhe MORTCAGOR hsrein. eitF~ in whole or in part. I1. it Is speciRnlly agreed•thst time is of the ~sssno~ oE this oontract and N+at no waiver or any obligstion hereunder or of tM abtigaNon secured hereby shsli at any time th~roafte? bs held to b~ ? w~iv~ of the tcrms hereof or of the instrume~t searod heroby. . Sealed and delivered in presence of; ~ ! ! ------(SEAU - _----ISEAU STATE OF FLORIDA } 55. COUNTY OF------------ 1 Bafore me personally sppearod snd - his wife. to me weil knawn. to me to be the individuals dest~ibed in and who executsd the foregaryr i t, snd xknowledged before me that they executed me for the purposes therein express~ef. WI'fNESS my snd official seal this--- ---dsy of~__~~--------- . A. D. 19--__ . _ - - - Notsry Publit i~ and for the Shte of Florida at Lsrge. "r - ~ A ~ W y o ~ ~ w w Z~z . ~ Q ~ ~ ; ~ _ ~o°v Z ~ o ` Q<> O M~~ ~ w . - o Q~~` v~i ~ ~ ~ d~ w ~ ~ ~ r~ ~ ~ Q ~ ~ aa ~ ~c Z ° q E °m < ~ oa p~i go~r20i ~20~ ~ ~ ~ o ~ r ~ _1~ F~ - V ~ - ~ :