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Home My WebLink About1216 poi~q o? po~icies said MORTWIGEE shall hsve the option to noeiw ~nd sppty tM sam~ ~ sccount ot tM i~dabtedneu secured t+tnbv or t~ permit said MORTG/1GOR5 to reteive and use it or any put thshof fo? otl~ p~~ ~thouf the~eby waivins w Impairins any puiy. lien o~ right unde? w by virtue of this Mort~s~e: snd i~ th~ tv~nf s~id MORTGI?GpRS sh~ll fo• sny ~wson fsil to keep the sa{d p~remiscs so inw~ed. w iail to delive~ pranptly shy of s~id polkles of ins~usno~ to said MORTG/1GEE~ or fail promptly to psy futiy sny praenlurtr thenfo~. w in sny respect isil w pe.form, dischar~e. execute. ~ffect. eompl~b. aanply wiM and abtde G/1GEE rtwy place snd pay for wch inwnnos or ~ny put tF~rof withCUt vwivin~ or afhttin`y sm? opt on,i nlien, equit~jr, a ight~ ~w~dtr or by vi~tue of this Mortgage, and the full aR?ount of esch and twry auh psynNnt shill b~ inwned~atsly dus and payaDlt ar+d shall b~sr interest from tF,s date thereof until paid at the a» of pK t~nt arrwm and to~ethsr with such inte~est sFyll b~ securod by tFr of t~a= ^,~e~~, seven and one- ha~f 4. To pem,it, commit o. wffer ea ~N. impaim~a~t or d~tKioration of satd property a s~y p,ut theroof. 5. It is he~eby specifiplly agreed tF~t any sum or suim whith mty b~ loaned or sdvsnced ~the Mortgsgee to the Mortp~ st +~ny ti~m after the re~or~ing of this inde.~turo, togaM~sr with interat thenon at the nM a~resd upo~ st time of wch bsn or.sdvsnce. shail be equally secured with and have the same priority ss ths o?iginal indebtedness~ ~nd be wbject to sU the tenns snd provisions of this nwrt~a~e: Prwided, that the aggregate amaint of p~intipal outstandin~ at any time shilt ~ot exceed s~ sma~nt eqwl to ont hundred and Hfty per osnt (150~i) of the printipal smount aiginslly setured Mreby. 6. To pay all and singular the costs, charges and expeisses. intludin~ s resson~bk ~tt~on~ay's fee snd costs of abstratt of Ntk in- cuned or paid at any time by sa~d MORTGAGEE because or in the evcnt of tM hilure on the~a rt of the ssW MORTG/1GOR to duly, promptly and fufly perfo~m, dixharge, execute, eifect, comptete, canply with ~nd abldt by ~ad~ and every tFw =tipulstioru~ sgreements, ca~ditions and covmants of said promissory note and this mortwQe a~y or eith~r and said ao~~ ~th ~nd awry. shal) bs imrt~ediately due and payable; whether or not M~era be notioe, dernan~. att~mpt to 00 , i~`tutl ~nw~x~t of e~ch and every wch payment shaq bear interest from ths date thereof until paid st tM ate of pe~ centum psr annum; and all saM costs. thuges and expenses so incurred o? paid, together with wth ~nbrast, shsll ba sewrcd by th~ li~n of this nwrt~age. 7. That (a) in the event of any breach of this Mortgage or d~fault o~ thspa rt of the MOR7G/1GOR~ or tb) in the event amr of said sums of money herein referred to be not promptly and fully paid within thirty (30? days next afte~ the same sevenlly bccome due and paysble. without dema~d or ~otite, or (c) in the event each aod every the stioulations, a~geements, c~tions a~d covenants of said praniswry note and thls mo?tgage any or either are not duly, promptly and fully performed, dixharged, executed, effetted, ccmpleted cornplied with snd abided by, then in either o~ any such event, the said aggregste wm mentioned in ssid promissory note then remaining unpatd~ with interest accrued, and all moneys secured hereby, shall becar~c due and paysble forthwith. or theresfter, at the option of said MORTGAGEE. as fully and completely as if all of the said wms of money were originally stipulatad to be p~id pn such day~ a~thing ie sald prornissory note or in this Matgage to the contrary not withstanding; and the~eupon or thereaher st the optron of said MORTG/1GEE~ witFwut notice or demand, suit at law w in eqvity, may be prosecuted as if all monies secured heraby had msturod prior to its instifution. 8. That in the event that at the beginning of or st ar~y tims pending any wit upon tf+is Mortgage. o? to foreclose it, or to rotorm it, or to er~force payment of any claims hereu.~der. said MORTGAGEE shsq spply to the Court havin~ jurisdiction thereof for the appotntmcnt of a Reteiver, suth Cou?t shall forthwith appoint a Reteiver. of said mo~tgsQed property all and singulsr~ intluding all snd singula~ tM income~ profits, iswes and revenues from whatever source derived. each and avery of whlch. it being expreuly w~deatood, Is hereby mort- gaged as if specifically set forth and described in the granting and habeodwn dauses hereof. and wch Receiver shall have sll the broad srd effective functioru and powe?s in anywise entrusted by a Court to a Receiver, and wd? sppointment shall be n~sde by suth Court as an admitted equity and a matter of_absolute right to said MORTGAGEE, and without roference to the adequaty or inadeqwc,~ of the value of tM P~~~Y ~6aBed a b the solvency or insolvency of said MORTG/1GOR or the defendants. and that wch rents. profits. i~connes~ isu~es and revenues shall be appl;ed by wch Receiver according to the lien or equity of said MORTG/1GEE and the pnctice of such Court, 9. To duly. PromPNy and fuly perform, distFwrge, execute, affett. oomP~ete tort~ply with and abids by each and every ths stlpu- latiw~s, agreements~ conciitiwis and covenants in said promissory note and in this mortQsQe set fath. 10. That in the event the ownership of the mortgaged pronnlses,•or s~y part thereof~ becomes vested in a perso~ other N~an tF+e MORTGACOR, the MORTGAGEE, its wccessors and auigns, may. wittwut notice to the MORTG/1GOR, deal with wch wccessor or wocessors in interest with refere~ce to this mxtgage and the debt hereby secured ir~ the same manner u with Mortgagw without in sny way vitiaNn~ or discharging the Mortgagor's lisbiliy hereunder or ypon the debt herab~r secured. No sale of tF,e premises hereby mortg~ged and no fora- bea.ance on the part of the MORTGAGEE n~ its wcceswrs or assigns snd no extauian of the time fo? the payment ot the debt hereby sewrod g;ven by the MORTGAGEE w its successors w assi8ns. shsll openM to relesse, d'~schsBe. nadify. cF?a~ge a effect the origi~al IiaWliy of the MORTGAGOR herein. either in whole' or in psrt, 11. It is specifically agreed_that Hme is of the euenos of fhis oontntt snd thst oo waiver or any obligstian hereunder or of tik obligatio~ secured hereby shall at any time theneafter be held to be a w~iver of the terms hereof or of the instrument seturcd hereby. gned. Seated ard delivered in presence of: ~ - - - - - ~ - - - V - - - - .,.(SEAU ~ . STATE OF FLORIDA l } S5. COUNTY OF.---- - . Before me personally appesred snd hls wife. to me well krw~wn. known to me to be the individuah desc~ibed in and who executed the 4oregoing inst , and acknowledged before me that they execut same for the purposes therein exprossed. WITlVESS my hand official seal this ----day of____---------------------- - . /1. D. 19---- • ~ Nohry Public in and for the State of Florida st tar ~ ~ My oa~xnissian expires: ~ ~ ~ Q j ~ ~ w i ~ ° ; W ~ Z ~ o ~ ~ A ~ ~~o z . a~ ~ s ~ ayW O ~°Da ~ ~ r ~ , ~ ~ ~ ~ m c~ ~ ~ H ' ~a~ a ~ ~ - _ ~,z ~ ~ ~ ~ ~ =y: Azo W H~o E-+ = < A w ~ C~ . ~ ~ ~ ~ ~o~~ zdz ~~i~1 . ~ s F ~ . , ~ . ~ _ _ - - ~R .s;. _