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Home My WebLink About1518 ~oucy or pot~cies said MORTGAGEE stwil have the option to receive snd apply tne same un account of the i~debtedness secured t?erebv or t++ permit sa~d MORTGAC.OF:~ to ~ece~oe and use if or any part thereof for ofhe~ purposes without fhereby waiving o~ impairi~~ any equity. I~en o~ right under or by virtue of th~s Mortgage; and in the event said MORTGAGORS shall fo? any reason fail to keep the said premises so insured, or fail to del~ver pcomptiy any of said policies of ir?surante to said MORTG/1GEE, or fail promptly to pay tully any premium therefor, or in any respett fail to perform, d~scharge, exetute, effett, Complete, tomply with and abide by ihis covena~t. Or anv part hereof, ssid MORT- GAGEE may place and pay for such inwrance or any part the~eof without waiving or affetting any option, lien, equity, a right under or by ~~rtue of this Mortgage, and the futl am~wnt of each and every such payme~t shall be immediately due and payable and shall bear interest from the date thercof until paid at the ~ate of s~WC~iqiliMSlCper cenf per snnum and together with such interest shall be setured by ti+e i~en of this morfgage. S@VeR To permit, commit or suffer no waste, impairment o? deterioration of said property or any part thereof. 5. It is hereby speciiicatly ag~eed that any sum or sums which msy be loaned or advanced by the Mortgagee to the Mortgagor at a~y rime afte~ the recording of this indenture, together with interest thereon at the rate agreed upon at the time of such loars or advance, shall be equa~ly setured with and have the same priority as the original indettedneu. ant! be subjett to all the terms and provisions of this mortgage: Provided, that Ihe aSg~egate amount of principal outstanding at any tlme shall not exceed an smount eqwl to one hur?dred ar+d fify per cent ( I SO~i) of the prir,tipal amount originatly secured hereby. 6. To pay all and singutar the cests. charges and expenses, irtluding a ~easonable attomey's fee and costs of abstroct of titte in- curred or paid at ~ny time by sa~J V!ORTGAGcE bccause or in the event of the failure on the part of the said MORTGAGOR to duly, promptly and fully pe:rf~~rm, dischar~e, e~cecute, effect, comptate, comply with and abide by each and every the stipulations, agreements, conditions and cove~ants of said prum~s~ory notc and this m~rtgage any or either. and said Costs, CF~rges and.expenses, eath and every, shall be immediately due a~d p3yab~e; whethrr or not tl,ere be notice, demand, attempt to tollgt~ ~if pending; and the full amount of eath and every wth paymen! sFwtl bear intcrest from the date thereof until paid at the rate of ~i [~yDGXii~BE~¢er tentum per annum; and all said custs, charges a~d expenses so ~ncurred or paid, together with wth ~nterest. shall be secu~ed by tha lien of this mortgage. 7. That la) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, or (b) in the evenf any of said sums of money herein referred t~ be not promptty and fully paid wifhin fhirty l30) days ~ext after the same severally betome due a~d payable, without demand er notice, or fc~ in the event eacF~ and everv the stioulations, argeements, tOnditions and tove~wnts of said promissory ~ote and this mortgage any or either are not duly, promatly and fully performed, discharged, exetuted, effetted, Completed tomplied with and abided by, then in either or any s~ich event, the said agg~egate wm mentioned in said promissory note then remaining unpaid, with i~terest accrued, and all moneys secured hereby, sl~all become due a:+d payable forthwith, or tF+ereafter, at the option of said MORTWGEE. as fully and completely as if atl of the said sums of money were originally stipulated to be paid on such day~ anything in said promissory note or in this Matgage to the contrary not .vithsta~ding; and thereup~n or thereafter at the option of said MORTGAGEE, without notice or demand. s.~~t at law or in equity, may be prosccuted as if a11 monies secured hereby had matured prior to its institution. R. That in the event that at the beginning of or at any time pending any wit upor? this Mortgage, w to foreclose it. or to reMrnn it, or to r force payment of any claims hereunder, said MORTGAGEE shall apply to the Court having ju?isdidion thereof fot the sppoinfmmt of a Retei~ ar, such Court shall forihwith appoint a Receiver, of said mortgaged properfy all and singular, intluding all and singular the income, F••~iits, issues and revenucs from whatevrr source derived, each and every of whith, it being exp~essy urxkrstood, is hereby mort• gage~± a- .r specifically set forth and deuribed in the granting and habe~dum tlauses hereof, and such Receiver shall have all the broad and effo;.nve functions and powers in anywise entrusted by a Court to a Receiver, and wth appointment shall be made by wth Court as an admitted equity and a mattcr of absolute right to sai~ MORTGAGEE, and without rcfere~ce to the adequaq or inadequaty of the value of ths property matgaged or to the solvenq or insolvency of said MORTGI~GCR or the defendants, and that wch rents, profits, incorr~es. iswea and revenues shatl be applied by such Receiver acco~ding to the lien or equify of said MORTGAGEE and the practice of suth Court. 9. To duly, promptly and fully perform, discharge, execute. effect. complete carply with and abide by eath and every the stipu- # lations, ag~eements, tonditions and covenants in said promissory note and in this morteaQe set twth + i 10. That in the event the ownership of the mortgaged premises. or any part thereof. becomes vested 'en s person other thsn tF+e ~ MORTGAGOR, the MORTGAGEE, its sutcessors and auigns, may, without notice to the MORTGAGOR, deal with such sutcessor or wttessors , in inte~est with reference to this mortgage and the debt hereby secured in the same man~t as with Mo?tgagor without in any way vitiating ~r discharging the Mortgagor's liability hereunder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no fore- tea~ance on the part of the MORTGAGEE c+. its successors a assigns and no extension of the time for the payment of the debt hereby secured g~ven by the MORTGAGEE or its successors or assigns, shall operate to release. distharge, modify. change or effett the original liability of the h10RTGAGOR herein, either in who!e or in part. 11. It is specificaily agreed that time is of the essenoe of this oontrxt and that no waiver or any obligation hereunder w of the obligation secured hereby shall at any time thereafter be held to be a waiver of the temns hereof or of the instrument securcd hereby. ~ 7 Signed. Sealed and delivend in presence of: ~ ~ E - ----(SEAU - - - - - - I ~ _ _ . _ . cs~?u ` ~ _ _ _ - - - STATE OF FLORIDA • ~ " • SS t COUNTY OF _ - - I . , Before me pe?sorwlly appeared - - - - - - and his wife. to me well known. and to me to be the individuals described in and who executed the foregoing ins e~t, and acknowledged before me that they executed the sa for the purposes therein e~cpressed. ~ WITNESS nd and official seal this - - - - daY of----------------------r-------- . , It D. 19----- - - Notary Public in and for the State of Flu9da at Lsrge_ ~ M commission e 'res• ~ ~ A : ~ a ~ W ~o ; ~ ~ ~ ; c~ . } o ; ~Z~=~ e ; a z ~ a ~ A ' z x o F-ia~~ ~ H~,, ~ w ; ~a> f ~m~ ~ ~ ~ i ~ -,QazQ ~av - ~ . H ~ _ x ,o ~ ~ ' ~ - Q ~ z ~ H ~ op°o i o ~ . e ~ ~ ~ ~ ~Zo a R d o ~ ~ ~ . , ~ ; ~'ooK 20$ oAcE 15~.8 w~ ; ~ ~ . O . , . F i ~ - ; - ~ f - ~ - ~ 9 ' . fy vF'. ~ ~ i~. - _ ~ ~ ~ - -