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HomeMy WebLinkAbout2648 • . . 6. To p~y all and singule~ the costs, charges, expenses end attorney's tees reasonaDly tncurred or pafd at atry ttme Dy the Mortgagee because oi any deteult us to any sttpulation, agceement snd cove~ant ot the note eind thls Mortga~e, or eitAer, or !n eny suit or proceeding at lsw or in equity to w~IcA tAe Moctgagee shall be and become a puty it~ seference to the Mortgegors interest !n the premises heccin mortgaged, or !n sustair?tng the lten or priority of this MottQa~e; the amounts o[ a~y such costs, charges, expenses and tees shall also be deemed a chsrge end tndebtedneas ~ecured hereby and beu interest at the snme cate as the ptincipsl indebtedness. In the event ot a detault in any ot the covenants of this Mortgage, the Mortgagee Is expressly glven the right~ ~ which may be exercisM at any Wne during tAe extsteace ot any detault and so long s~.s a default sAell exiat, to take posses- sion ot and hold the premises, wtth or without procesa oi law. und collect and recelve the rents„ Issues and proSb theretmm, wtth or vrlthout taki~g possession ot the premises, end to apply the rents. hsues and pronta to tAe payment ; ot expenses, charges and amounta due and payable under the provistons ot the hote and tl?is Mortgage. The Mort~sgor assigns and trans[ers unto the Mortgagee the rents, isauea and pro8ts ot the premises fur the puipose e~ioresalcL The tak_ ' ing of possession ot the premises nnd the collectton of the rents by the Mortgagee aAal1 In no way waive the right of We Mortgagee to foreclose thLs Morigage Decause ot a detault. Md the biortgagee may. at any time pending e? sutt upon thfs Mortgage. spply to the Couct tu?ving jurtsdictfon of such suit for the appointment of a receiver ot ~ll and stngular the premises and the rents, Lssttea and proflts thereot. and thereupoa the Court shaU forthwith, as a st~ict matter af right in the Mortgagee, ~nd without cor~s[deration oi the value of the mortgaged premLses es security tor the amounts due the Mortgagee~ or the solvency of any person or petsons bound for the payment of such amouat~ and without notice. appotnt a recelver ot all such prnmises wlth the usual powets and duties lnduding the power to rent the premises and to collect the rental thereof and theretrom. the revanue dedved ; irom said premises to De spplied to the proper cMrges and expenses ettending the ceceivership. taxes an+! essessmenta ~ and other cAarges aga3nst and for the protection ot the premises, the payment ot the ihdebtedaes~ secured hereby. or as the Coutt may otherwise dtrect. • ' 8. It the premIses, or any part thereaf. is taken or damaged u~der any power ot eminent domain or otAerwlse, thea whatever moneys shall thereby become due the Mortgagor are hereby assigned ana shall be paid to the Mortgagee~ who~ aiter deducttng all reasonable costa and expenses which may have been incurrnd by it in the coltecUan thereof. shall apply the remainder ot ~.tee sums recelced to the payment and satistaction of 1he tndebtednesa secured hereby !n full or prp- tanto. Any surplus of such moneys over and above the amounts necessary to pay tR full all ladebtedness hereby iecttred shall be patd to the btortgagor. j 9. The Mortgagee aha21 have the right at any !!me and trom tlme to time~ and ~rithout notice to or conseat ot any person, to release any portion ot the premises from the lien ot thls Mortgage and to extend the time.ot payment of all or eny part oi the indebtednesa, without aHecting or celeasing the personat tiabitity of any person Wtble for the payment ot any sum or interest secured hereby and without in anywise altering, varying or dtmWshing the lorce, eifect or lten o! tris Mortgage on all oL the premises not speciflcally released from the llen ot this Mortgage by the Mortgsgee. ~ ~ ~ ~ ~ i I ~ ~ 1 The covenants hereSn conta[ned shall bind. and the bene8ts and advantages shall inure to, We sespective heirs, exeeu• i ton, administrators. successors~ and assigns of the parties hereto. Whenever used, the singular number ahall lnclude tlse ~ plural, the plural We aingular. and tbe use of any gender :hall include all genders. It is intended that tlils Mortgage aad the note hereby secured are made with reference W and shali be construed as a Florids contract and ~overned by tbe lnws thereoL IAI WITNFSS WHEREOF. t1?e Mortgagor herPin named hss herennto set his hand wd ieal the day and yrear Srst sbove written. ~ stgi?ea. seatea ana nelt~erea ~ in the Preaence oi: ~Ca~~L~-e~-,.,.--t e~ ~ ~'~~-l./ ...............••----••----~~---•-•._..__...._._...__......'..----_....._..___..___.....<SEAL) ` Hortense D. [~idson ` ~ h,, --e . - - - w ~'~a. ~~~?~C7~ (8EALf / _ David F. Anderson III ...1~.~; ! ? _ . _ . _<s~., , . - - - ~ --=--~~~~..~~~.~a.~~ - - . . . . . . . . ---......~5~.~ o~ so~K ~ ~ +~~26~7 _ . ~ _ - y_ ~ ~~'#i "~~.TL~~ JY+~ ,"-h+_ ` F s ~ w_~ r _ ...-c.~: ~ , 4 ~C~~~+sa~