HomeMy WebLinkAbout1165 8. 1b pyr W tad dnndat tl?~ oosU. tl~aeYea. expeewr a~ad stWraey's tee~ raasorub~jr ineurr~d or paW at an~r d~
by tbt Nortja~ bo~us~ ot W 8etault a to W stlpulatfon. ~raement Rnd coverw~t ot tM noh ~ad tNs 1[art~ap. ae .
eit!?er. or ia a~y suit ot prooeedtn~ at law or W puiqr W wl~ich tM 1Ko sl~alt be uW beooene aj ta ret~r~oa
to tbe Moet~or"s lattewt tn tM pranises bes+eln nrortp~e~, or !n au~~a~ tM llen or Pdozi~7 c[ o~ tM
u~cwuats of aqy wch cat~ cl~ar~, expear~s and t~as ahall aiw be deea~ed a durp aad in8~bt~sU~ i~ant~ -1~etab0r
and bear iaterest at the ~aaa~ rate ~s t1~e prlndpai lndebt+~dncr.
Z In the ev~t o~ a de4utt ie any oi the cownants o! tAis Mort~a~e. !M ~[ai,~~ 1s ~pe~e~y ilwn tbe e!~!?t,
wbich be exercl~ed at any Na~ darln= the ad~ao~ ol aiq? 8ehult and so lons as a detwlt dyU nci~t. to tak~ poMeM
daa ot and hold tl~e p~emise~. with or wlt,hotttp~~oe~s a[ Lw, atM oollact and reoNw tb~ ra~~R YruM ~od p~+atita
cJ~eretrom. wiW or witbout t~lcins porerior~ a[ tl~e pr~, aad to appbr tb~ reatt` Iww asd proAh to t1~ p~,ym~at
ot exp~nsa, charses and an~ounts dne and payable undes the provWoas a! the ~ ~nd tNs 1[ort~a~e. ~~tortsa~or
~s ~nd traas[ers ttnto tM l[ortsa~ee tbe e~ntr. lantes artd proatt at tbe pramLea for tl~e purpoN abreald. T!N talo-
Mortsa~ee to foreclw~e th~ort~a~`ea beoa~~ot a d~ehu~l~'nats by the Matts~ee shW in no wa~r walv~ tM eisht o~ tbe
An~ the Mortsa~ee my?. at ~oy time peadtn= ~ suit upoa this Mort~a~e. appiy to tbt Court havia~ ,~urlsdictloa ot
such suft for tbs ~ppolutment ot a reoetver o! aII ~?d dn~uLr the pre~nlsa aM the reab, f~a?es aad praAb thereo~ aM
thereupan the Court sball forthwttb~ u a strlct matter c[ rltht !n the Most~?~ee. ~ad witbottt ooodderation a[ tbe
vatue ot the mort~aced Premises ~s sernrltJ? tar tbe uaounb due We ldort~ee, or the solvency ot D~ P~z'+~
Douad for tbe p~y~qeat ot such amonnt~ ~ad without aatla~. appoint a raoetwr o[ aU sucA prennlses with tM uau~l powets
wd duUa lncludlag We po~wsr to ra~nt We prea~ises ~nd to collect the rentat t6ereo! ae~d tberetro~n. t?~t rweaw derired
trom eaid premtsea to b~ applkd to tbe Prop~r cbar~es and Gcpensa atteading the rcoelveMtp~ t~ea aad aa~e~na~b
and otl~er char~es ~gatad and tor tLe protecdaa o[ the pranises. the pyrment ot the indebtedr~s aecntrd l~et+eAy~ ar as
the Court mqr otl~erwls~ die~ect.
8. u the premtsa. or w w~ r takm or du~ed unaer w power ot emtneac dofnata or otberwbe, tMa
whatever moae~y~ shaII tt~ereDy become due tbe Mort~ar are herabY ~ and s~II be p~ld to t6e ldoetf~L'~,
aiter dedacttnt all raso~aable eosb and ~ wh1cD nW? bav~e been lnautred by !t m tbe oo1lectbn tbtreo4 d~U
L~nta My sut~p~lus oi w~ch moneys ~
and~abo~tbet ae~no~tata n~oeaprf to W~l?~
~
bere~b~r ssenp
d
shall be Paid to the Mort~or.
9. The Mort~a=ee al~all have t~ rlsht at any Ume and trom Wne to tlnne. aM without noUce t+o or ~onsent o~ atqr
Person. to releaae aap portioa ot the premises i~rom the Ueu ot th4 Mort~a~e tad to e:tend the time a[ py?meat d all or
a~nY ~ or lnterest secured hereby and ~t
n~aqy~~e v~~ t9 oi any per~an liable for the pqa~eat at
dlmidsbin~ tt~e for~e. effect ae lien K
this Mortgage on alt of tbe premba not speciscalt7 relc~red lrom the lfen of tbis Most,~age by the Ma~tp~ee.
Tbe oo~renaab herdn oontaincd sAall tidnd. and tLe beae~4 and ~dvantages ~hall innre to, tLe :+e~e~ttv~e beirs. e~oecn-
to:'~. ~nntaistsator~. maowo~s, aad ad~ns ot the parties bereto. VVheae~ner u~nl, tbe dnsular number sbsll indn8e tbt
tbe note~berebp ~ecure~made wlth~nfe~ to~~nd tball oon~'ned~a
IFlotida oonha+et and ~ovet~ tb!
lnvs tbet+eo~
IN WITNFS3 VVHEREOF, tbe Mortgagor herdn namM has hereunto ~et Ns haM and ~eal the dq aad 7~' Snt
abave wrltt~.
f~n~tbl~P~+aea
~ ~ii.eas~ `
~ ~
• . (SEALI
J Fennell
• @7.~"~'._~_.~iN~~:...cBEAL)
--~~1t~~L!~'~S.s`~
~ .
~ .
..............._......__..~....__..._.__.......__......(SEAL)
.
/
- ~ .............••------...-•-•-•-----•--__...~.......__-__._.__...(SEAL)
~
i
~
~
I
I
I 600K~V~ PACE~~~
I ' _
- f - _