HomeMy WebLinkAbout0392 6. To pay all and singular the coats, chsrges, expertaea end attorney's tees reasonably tncurrcd or paW ~.t any Ume
by the MoKga~re becsuse ot any deisult es to any stipulatlon, agceement snd covenant of tt~e note and thlt Mortgsge, ot
either. or ln sr?y sult or proceeding at law or in equity to whtch the Mortgagee shalt be and become a party !n reLerence
to the Mortgagors fnterest tn the premises heretn mortgaged. or in sustaining the lien or prtority o1 thft Mort~e; the
amounts of eny such casts, charges, expenses and tees shsU elso be deemed a charge and tadebtedness ~ecured hereby
snd bear intereat at the asme rate as the pr{ncipal indebtednest
7. In the event ot a detault in any of the covenanta ot thls Mortgage. the Mortgsgee b expresdy given the d~ht.
whtch may be exercSsM ~t any Wne during the existence oi any detsult end w lot?g es e defsult shall exlst. to Wce possea
aton of aed hold the premlaes. w[th or without procesa of lew, snd coUect and reeeive the rtntsr Laues aud proilts
there[rom. with or wlWout takfng paasesslon ot the premL9es. end to apply the rents. itsues and proll4 to tbe p~yment :
oi expenses, charges and amounts due and payable under the prov[sions o! the note and this MortgaBe. ~a Morl~aQor r
aasigns and transfen unto the MoHgagee the rents. tasues and proflts of the premLses for the purpo~e aforesdd. '11~e tak- :
ing ot posaession of the premises end the collectfoi? ot the reats by the Mortgagee shall in no way waive the rlght ot We
MortBagee to toreclose thls Mortge~ge Decause ot a detaul~
And the Mortgagee may. at any time pettding a sult upon tlds Mortgage. apply to the Court hwvln~ iutisdiction of
such suit [or the appolntment of a receiver of all end singulac the premises and the rents. isaues and pmAts thereof. end
thereupon the Court s6sU torthwith. as s strict matter ot right in the Mortgagee, and without eot~slderaUon o1 the
value of the mortgsged premises as stcurlty for the amounis due the Mortgagee. or the solvency oi any penon or persons
bound tor the payment oi such amounts, and without noUce, appolnt a receiver ot all such prem[ses with the usual poweis
and dut[es Including the power W rent the premises and to collect the rental tl?ereof and thereirom. the nwenue derived
fmm said premises to be applfed to the pmper cherges and expenses attending the recetvershlp, taxes and assese~ments
and other charges agalnst and tor the protection oi the premises. the payment of the indebtedness aecund Aereby, or as
the Court msy othetwise direct.
8. It the premises. or any part thereot, is taken or dama8ed under i?ny power of eminent domain or otheswise~ t!?en
whatever moneys shall thereby become due the Mortgagor are IIereby asstgned and shW be psid to the Mortga~ee. wh0.
atter deducting all reasonable tosta and expenses which mey have been incurred by it in the collection thereoi. tt~all
apply the remainder of the sums received to the payment and satistactlon of the indebtednas cecure8 hereby !n tull or pro- `
tanto. My surplus of such moneys over and above the amounts necessary to pay ln full all lndebtedness henby securad ;
sAall be paid to the Mortgagor. ~
9. The Mortgagee shall have the right at any time and tcosn ttme to Ume. and wlthout noUce to or consent of u?y ~
person. to release any portion of the premises from tAe Uen ot thls Morigage and to extend the tlme oL payment oi ail or
any part ot the Irtdebtedness, wlthout agecting or releasing the personal liabtlity ot any peraon 1lable for the payment of
any sum or interest secured hereby and w[thout in anywise eltering, varying or dimWshing the lorce, ettect or llen of
this Mortgage on all ot the premises not speci8cally released from the iten ot this Mortgage by the Moitgagee.
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~ 'The covenants herdn contalnM shall bind. and the beue8ts and advantaSes aAdl Inure to. the mpectlve he1a. exec~t-
3 tors~ adtninistrators, suceessora~ snd assigns oi the parties hereto. Whenever used, the singular number shall inc]ude tl~e
; plural, tAe plural the atngular. and the use of any gender shall include all genders. It ts intended that thls MortQage a~
~ the note hereby secured are made with reference to u~d st~all be construed as a Florida contract md ~verr?ed by the ~
isws UtereoL •
IN WITNFSS WHERDOF, the Mortgagor hereln named has hereunto set h1s hand ~nd se~l the Aa~? and pear Sest i
above wrltten. ~
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Signed~ Sealed and DeUvered
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