HomeMy WebLinkAbout2791 paky a polici~s said MORTGAGEE shall haw ths option to naiw and apply tt~ s~m~ vn ~t ot N+~ ind~btedness securad.~+snbv a tn
It~«t ri ~dtMunder a~Rvirtu~ of ~this ~Mortu ft a any ps~t thenof for othe? ~ JIGORS sh~ll~lw any~e~so~+~fai~ro keep
~M
saW
p~i~~
bY t+ie: and i~ th~ ~wnt ta id MORT
'o Inw or fail to delive~ promptly any of t~id polki~s of ir~swano~ fo s~td MORTG/?GEE~ or fail proniptly to pay tully sny pramiuen thenfa.
w in any r~spstt fail w p~riam, disd+~.p. ~x~curi~ ~fhct. oon~pltt~. tomply with snd abkM by this covawM. or am? Wn hsnot, aid MORT
WGEE n~sY Pisc+ and pay tor wch inswsna a any part ti»nof withaut waiviry o? affecfint ~n1? cWion. liu+. eOuttY. o? ~i~ht w~d~~ a by
virtw of tNs Mort~s~e. and ths full smount of wch and fw suth paym~nt dwll b~ inrnadi~tely due and p~yabk snd shall betr interat
from fh~ dit~ thtreof until psid at th~ ab of iQCY~7~Y per t~t p*. amwe and to~ethu with wch intemst shsll b~ secured by th~
li~n of this n+orteaN. 86V6D
4. To pKmit, oonxnit a wffe? no wast~, inpsimn~nt or det~.fontion of said prop~erty or sny pa~t theroof.
S. It is hereby specificslly s~reed th~t a~y sum or s~xns vvhkfi m~y bt lo~ned w sdvanted~y ths Mort~asee to the Mo.t~s~o? at any
tim~ sfter the. ~dins of this ir~denturo. to~etMr with int~rost theroon st th~ nb agroad upoe~ st the Nme of wch bsn or sdvance. sh~ll be
equally s~cured with and have the ssme prioriry u the ori~insl indabtedn~ss~ and be subject to all the temns snd provisio~s of this mo.tgaQe:
Provid~d, thst fhe s~~~a te ama~nt of principal outstandin~ at any ttm~ sh~ll nof ~opsd sn ama~nt aqual to or?e Fxr~drod snd fifty pe~ ar+t
c1S096) of ths prtncipsl sma,nr ori~inaly sewred henby.
es
6. To psy all snd singular the casts, ch~rges and expenses, inchdin~ s roaso~nabb a 's fee snd casts of abstnct of Htl~ in-
cu~rod or paid at any time by said MORTCJ~GEE because or in tM wer+t of th~ faiiw~~ on tM psrt o the ssid MORTGAGOR to duly. promptly
and fully perform. dixha~e. ex~cute. effect, oompkte. comPh with and abid~ by ~sd~ and fwry th~ stipulations, sgreaments. conditio~
snd aovensnts of ssid pranissory note and this mat~a~e any or eithq ~ e~ses„ exh snd avery, shsll bs
immsdiately due snd payabte; whether w not tF,ere be notlas. demana, attempt to aol t
every wch payment shall bwr interost fran th~ date thereof unNl id at ths nro of ~ rt1° ~""0"^t of ead+ and
W per untui» psr smum: and all said
ocats. tha~es and expenses so incu?red or paW, together with wch int~nst. shall bs sctund by the lien of tFtis mort~s~.
7. That in the eve.~t of s~y broach of this Mortgage or dtfauk on thepsrt of tfie MORTGAGOR. or tb) i~ the event se~y of sald
wms of mw~ey herein rcfertad to be not promptly and iully paid within thirty (30) days ne~ sfre. ~+e s~~,ne sereniy beoo~ne dus a~,d pay,bk.
without dnn~nd or notice. w(v in the event each and everv ths stioulaHons, sry~eements. conditio~s and eove~s~ts of said promiuory ~ott
and this mat~a~e any or either a?e not duly. P?omPtN and fully perfonned, ~sdnrged, axecuted. effected. campkted compllsd with and
abided bY. tF+en in eifher or any wch evaRt. the said aS6~gate sum m~ntia~sd in said pranissory note than romaintn~ unpsid. wifh intenst
aarued. and allmo~eys secured hereby. shall becane due a~d paysble forthwith, or th~ro~fter. at t~s optian of saW MOR'fGAGEE, as fi,l
and completely si if sll of the said wrna of ma~ey wero originally stipulatsd to be psW on wch d~y. anytMng in sstd pranissory noM a iyn
tNs Mort~ste M ths oontnry not withstanding; snd thereupon or tharesftar at ths option of said MpRTWGEE, without notioe or demae~d,
wit at law or in equiy. may be prosecuted as if sll monies sewrod herrby hsd ~natured prior to its irnNtutia~.
8. Th~t in the ~vent thst at tF+e begimin~ of or at any tim~ p~any wit upon tNs Mort`s~e. or M forscioss it. o? to roMr?n
it or to enioroe payrr~t of sny clsims hereunder. said MpRTGl1f',EE shall to the Court hsvin~ ~wisfiiction tMreof for the appointenent
o# a R~ceiv~er. wch Court shall iorthwitfi ~ppoint s-R~ceiv~er, of said na~tp~ed P~'oPeKY all and sin~ub~. inciudin~ sll u~d stn~ular the
~noome. Profin. issues snd revenues f~om whatevc? souroe de?iv~d. esth and awry of wFdd~. it beini expross~Y u~derstood. ts hereby mor6
if specifically set forth ard described in the g~ting and hsbrnd~rin Ciauses F~ereof. snd such Reteiver shall haw all ths brosd ard
e fixKtians ~nd pow~s in anywise e~trusted by s C~ourt to s R~oeiver. ard wch sppointment sF~ll be mads by such Court ss an
sanitt~d epuity snd a mamr of abmolute ~~ht to said MORTG/1GEE. snd witl~out erfereno~ to the sdeqwcy or inadsquacj of ths valw of tM
P+~h? ~i~ or to the sohroncy or i~olva~cy of said MORTG/100R or the defend~nts. and that such reots. Proflts. tnoon~es. Iss~
snd revenws shdl be applied by such Reoeiver aooor~ng to the lien or ~quiry of ssid MORTGAGEE and the pnctiot of such Caut.
9. To duly. D~+P~Y and fulb Pe?fonr+. discF+~Be. eibewt~. eHect. oompleb oomplY with snd sbide by each snd avary ths stipu-
laNans. s~nements. cor~diHons and tovensnts in said p?arr~issory note snd in tl~is inort~ap tet forth.
10. Th~t i~ the event the ownership of the enorti~6ed Premises. a snY W~t theroof. bcoomes vested in a persa~ otF~er tF~sn the
MORTGA~f'+OR. ths MORTG/?GEE~ Its successors srd assiins. nnaY. without notia to tM MORTG/1GOR, deal with uxh wooasor or waoeuon
i~ interest with referenoe to this rt~ort~aget and the debt heretiy secured 6~ ths s~ene msnner ss with Mortgagor without in anyway vitiatin~
a diseha~irK th~ Mort~a~or's Itability herrurdK o? upon the d~bt F~ueby sewrod. No sak of the promises hereby rr~o~t~s~sd ~nd no (on-
bearsnoe on the part of the MORTGIIGEE c+. its s~+ocessors or sui~ns and no sxtansion of the Hn~e for the psyment of the debt heroby seaxed
~iven by the MORTGIIGEE or its woassors or suig~r~s. shail cperate to rolWSe. disthtr~e. modify. dw~e o? effett ths ori~insl Iisbiliry of
the MORTWIGOR herein, eitF+er in whok or in psrt.
obli tion 'seaued~fkslly ag?eed that Hme is of the euenot of this contrsct and that no waiver or sny obliption F~ennmder o? of Mr
t~ herebY sh~li st sny time themsHar b~ held to be a waiwr of the tenns heroof o? of the insfrument securod h~~sby.
. `
Seslsd snd deliverod in presK~oe of:
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, - - -----(SEAU
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~ STATE OF FI.rORfDA
COUMY OF---_ _ j ~ -
- 8°ton ms Persons~~Y sPPe+rod -----f...---------------------------- and
Ftis wife, M me well known. known to me M be the in~vidwls describsd in
and w1w ~oawtsd the fore~oir~ i+ . and stknowiedaed b~fore me that they exewt same for the purposes'thKein expressed.
WITNESS my rd official seal this.--- ---_daY of-r~~ _ A. O. 19-----
Nohry Public in snd for the Shte of Fbrida at L.s -
My oommission expires: .
A ~ SYAT~ ~F FLORIL7~. ~a
W . t~ ~ DOCU~IF.~ITAo" STAMP TA- i
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