HomeMy WebLinkAbout2656 6. To pqy Rll eu?d singular lhe coots, charges, expenses and attorney's tees ressonably lncucred or pald at any Wne
by the Mort~ee becawe ot sny detault as to any sdpulaUon, agreement and covenant ot the note and thls MortgaQa, os
e~ther, or In ar?y suit or proceeding at law or in equlty to whlch the Mortgagee shsll be and become a puq? in reference
to the Mort~o~s laterest in the premises heretn mortga~ed, or fn sustaintng the lien or pdority ot thls Mort~~; the
emounts of any such c~+sta. char~es, expensea and tees ahsU elso be deemed a chscYe and ladebtedneas ~scured hereby
end beu interest at tne same rate as the prlncipel indebtedness.
7. In the event ot a detault ln any ot the coveaanb of this Mortga~e, the Mortgage~ b expxssty ~1vea the d~At.
wAlch m~y be exerctsed st iu?y Wne durln~ the exlatence ot ar4Y default snd so long as a detault shall exfst. to Wce posse~-
don of and hold the ptemises, wlth or without proceas ot law. snd collect and :rcelve the rent~ tasues ~nd prndt~
theretrom. with or wlthout taking po~sesslon oi the premiies, and to apply the rents, Wues sad proSta to tbe ps,yment
ot expenses. charges and amounts due and payable under the pmvislons of the note and t?~Is Mort~a~e. The Mort~or
od~ns ~?ad tnnafen unto t1?e Mortgagee the rents. issues nnd pronta ot We premlaes for the puipose atorewld. The tak•
tn~ oi pos~e~aiou oi the premisea and the coUectlon ot the renta by the Mortgagee shaU !n no wa~? wdve the rf~ht ot the
Mort~a~ee to foreclose this Mortgage beceuse ot ~ defaul~
And the iKort~aQee may. at any time pendtng s suit upon tWs MortQage, apply to tde Court havin~ iurisdlctlon oi
such suit for the sppolntment oi a rece[ver of sU and dn~ulu the preml~es and the rents. fssuea and proDts tAeteoi. and
thereupon the Court shsU forihwtth. as a striM matter of ~ riQht in the Mortgagee. and without oondder?Uon oi We
vtlue o1 the mort~~gM premises ~s securtty for the amounts due the MortgaYee. or the solvency oi ~ny per~on or peraoru
bouAd for the pqyrnent ot such amounts. snd without notlce. appoint a recelver oi all such primlia wltII the usualpo~ve:s
wd duUei lncludin~ the power to ree~t the premises and to collect the rental thereof and therefrom. the rsvenut derlved
trom aatd premisea to be spplied to the proper charges and expenses attending the receivershlp, taxes ~nd as~asmenh
and other chae~es agalnst and tor the protectlon ot the premises. the pqyment ot the indebtednas ~ecurM h~reby. or at
the Court msy othen~vtse dttticL
8. If We premises„ or any part thereof, b taken or damaged under any power ot eminent domafn or otharwl~e. then
whatever moaey~ ahall thereby become due the Mortga~or are hereby assigned and ihall be pald to the Mortp~a~. who,,
atter deducting all reasonsble costs snd expenses whtcA may hava been lncurred by lt 1n the ooliectlon tUereo~ fball
apply tbe rem~inder of tAe sums received to the psyment snd satistactlon o! the fndeDtednen recured t?ereby !n hill or pro-
tanto. Any surplus of wch moneys over and above the amounts necessary to pe?y fn full all Indebtedne~s txreb~ aecured
sAall be patd to the Mort~agor.
9. The Mort~a~ee shall have the dQht at any Wne and from time to time, and without noUce to or conseat o! an~?
person. to release any porUon oi the prfmises t~+pm the llen oI th4 Mortgsge and to extend the Urae of payment ot all or
any part ot the lndebt~dttilsa,:yvtthi~ut ofIlctln~ dr releaslns tAe penonal Uabillty ot any person llable for tAe payment ot
any mm or interest seAired hereby and avlthout in aaywtte altering, varying or diminLshin~ the torce. eftect or llen ot
tAb Mortga~ee on all oi the premltes not ap~eciIIcally released !rom the Ilen ot this Mortgage by the Mort~a~ee.
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Wusa~. tA~ Pi~ral tM ~uLr. aM td tw ot atqr pad~s ~haII laelud~ a11 Rade~ It 4 fntend~d that tLfs ~[oetpp ~
~ Nontrd at~ a~tl~ wlta rd~soe to and sbdl be ooostrn~d as a Flo~da aootraet ~~o~wta~d by t~r
IN Wj'1'Hl88 W~O~'. tM ~[octpt=or h~t~da named h~s he~mto aat his !wd aaQ ~eal tbt Aq asA ~wr ~R
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