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~oncy w pot~cies said MORTCAGEE shall have the option to ~eteivs snd appy tne sams un actount of the indebtedness setured herebv o+
permit said MORTGNfARS to receive and use it or any part theraof for othe~ purposes without thereby waiving o? impai~i~g any equity.
lien or right under or by virtue of this Morfgage; snd in the ever+t said MORTGAGORS sh~ll fa any reason fail to keep tF+e said premises
so inwred, or fail to deliver promptly any of said polities of inwnnte fo said MORTGAGEE. or fail promptty ro pay fully any prcmium thercfor,
or in any respect (ail to perform, diuharge, exetute, effect, canp~ete, compty with ~nd abide by this covenant, or anv Wn ~~~f, said MORT•
GAGEE may place and pay fw such inwrante w sny part theroof without wsiving or affetting any option, lien, equify, o? right under w by
virtue of this Mortgage, snd the full amount of each and evtry wth PaYme~t sh~ll be immcdi~tely due and psyabte and shall bear interest
from the date thereof until paid at the rate of per cent per amum s~d together with such interest shall be setured by the
I~en of this mo?tgage. S@Vel1 Si1C~ Olle-~la~
I. To permit, commit a wffe. ~o waste, impsimna~?t or deterio?ation of said p~operty o? sny part thercof.
5. It is he.eby specifically agreed that any wm or wms which may be Iwned w advanted by the Mortgagee to the Mortgago~ at any
rime afte~ the retording of this indenture~ together with interest theroo~ at tF+e nte sgreed upon at the time of such loan or advance, shall be
equa~ly secured with and have the same prio~iy as the origin~l indettec~ess. and be wbject to all the temu and provisions of this mortgage:
Provided, that the aggregate amount of printipal outstanding at sMr time shall not euceed an srtwunt eqwl to one hundred and fifry per cer+t
(15096) of the principal amount originally secured hereby.
6. To pay aIl and si~gular the tosts, charges and expenses, ircluding s ~easorwble attorney's fee and costs of abstract of Htle in- ,
curred or paid at any time by sa~d MORTGACEE because or in the evenf of the failuro on the part of the said MORTGAGOR to duly, promptly
and fully perfo~m, discharge, execute, effect, complete, comply with and abids by eath snd every the stipulations, ag~eements, conditions ~
and covenants of said promissory note and this mortgage any or either~ and said coats. tharges and expe~ses. each and every, shall ba
immed~ately due and payable; whether or not there be notice, demand. attempt ~gQ~l~rt~~~~~p~y+ ~the full amo~nt of each a~d
every wch payment shall bear interest from the date thereof until paid st ths ratd~f('~ ;~~~+p~ um per amum, and all stid
costs, tharges and expenses so incurred or paid, together with wch ~nte~est~ shall bs secu Tien of this mortgsge.
7. That (a) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, w(b) in the event any of said
sums of money herei~ referred ro be not prompNy a~d fully paid within thirty (30) days neut after the same severally become due and payable.
without demand or notice, or (c? in the event each and everv the stioulatiorts. argeements. t~tions and coverwnts of said promissory ~ote
and this matgage any or either are not duly, promptly and fully performed, dixFurged, executed, effected, campleted complied with and
abided by, theo in eitF+er or any such event, the said aggregate wm mentioned i~ said promiuory note then remaining unpaid, with inte~est
accrued, and all moneys secured hereby, shall become due and payable torthwith, or thereafter. at the optio~ of said MORTC/1GEE, as fully
and completely as if all of the said wms of money were originally stipulated to be paid on such day. anything in said p?omiuory note or i~
this Mortgage to the contrary not withstanding; and thereupon or thereaher at the option of said MORTGAGEE. without notite or demand,
suit at law or in equity, may be prosecuted as if all monies secured hereby had matured Drior to its institution. 1
S. That in the event that at the beginning of or at am? Hme pending any wit upa~ this Mortgage, or to forettose it. or to reforrn ~
it, or to enforce payment of any claims hereunder. said MORTGAGEE sF+all apply to the Court having ju~isdittion thereof for the appointment
of a Receiver, such Court shall forthwith appoint a Receiver~ of said mortgsgad property all and singular~ including all and singular the
ir~tane, profits, issues and revenues from whatev~r source derived, each snd rvery of whith, it being exp~essly understood. is hereby rtwrh
gaged as if spetifically set forth and dexribed in the granting and habendum tlauses hereof. and wth Receiver shall have all the broad snd
rffective fuoctions and poNrers in anywise e~trusted by a Court to a Reteive?. and such appointment sF+all be made by such Court as an
admitted equity and a matter of absolute right to said MORTGJIGEE, and without reference to the adcquacy or insdequacy of the value of tM ;
P~~NY ~~6aB~ a~~~~~~+~Y or insolvency of said MORTGAGOR or the defendants, and that wch rents. profits. incomes. issusa ~
and revenuas shall be applied by wch Receiver according b the lien or equiry of said MORTGAGEE and the pnctice of wch Court.
9. To duly promptly and fully perform, dixharge, execute. effect. oo~nplete comply with and abide by exh and every the sNpu-
lations, ag~eements. conditions and covenants in said promissory note and in this mort~aQe set forth
10. That in the event the ownership of the mortgaged premises, or sny part thereof. becomes vested in a pe~sa+ otF~ than the
MORTGAGOR, the MORTGAGEE, its wccessors and assigns, may, witi~out notice to the MOl~TGAGOR. deal with such waessor or suaessors -
in interest with reference to this mortgage and the debt hereby secured in the same msnner as wiM Matgagor wijhout in arly way vitiatinQ i
or distharging the Mortgagor's liabilly hereunder or upon the debt hereby setured. N1o sib P~~ ~febY ~WBed'~!~ ~e'
bearante on the part of the MORTGAGEE e+. its wccesso?s or assigns and no exteosio~ of tl~e N~fie~ tor the,Paymerlt of the debt hetet~y secured
gi~en by tF+e MORTGAGEE or its successors a auigru. shall opente to release~ discharge, -~tt~oWWiy. chan~e or effeat ths original liabiliry of
ihe MORTGAGJR herein, either in whole or in pa?t. : - ' -
1 l. It is specifiplly agreed that time is of the essenoe of this oor+tract and tfiat no waiver or sny obligsNOA~IN~tirider or 'of ths
obl~gation secured hereby shall at any time thereaher be heW to be a waiver of the terms hereof or of tF+e instrument secured I~er~}y.
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, Sealed and delivered in presence of: f
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STATE OF FLORIDA 1
S5.
COUNTY OF----------------- -
Befo?e me persor~ally appeared snd
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his wife, M me w~ell known. and to me to be the individuals destribed in ~
and who executed the fo.egang instru , and xknowledgcd before me that they executed the for the purposes therein expreued.
WITNESS my and official sesl this - --..dsy of-------------------------- - - . D. 19------ • ~
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Nohry Public in and for the Shte of Florida st Large.
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