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Home My WebLink About3415 poiicy or p:!~c~es sa~d MORTCAGEE s<<all have the opt~on to receive and apply tne sa~ne un acceunt ot t1+e indebtedness sacured nerebv or permrt ~~c! A!J~TC.,A'.:0::~ t.~ ~~•c~••.c ~nd w~ it o~ any Fart thereof for other purposes without the~cby waiving or impa~nng any equity, I~e~ or nghr und~r cr hp vr.tuc• of th~s Mo~tgage; and in the event said MORTGAGOR$ shall fo. any reason fail to keep the sa~d premises so insured, ur fa~l tc d~i~.er p:~.mptty any of said policies of insurance to said MORTGAGEE, or fail promptly to pay fully any premium the~eto+, or in any resp~ti~ fa~t to peri~,m, ~~:crwrge, execute, effect, complete, comply with and abide by this covenant, or anv part he~eof, sa~d MORT. GAGEE m~y ptace and pay lor such i~surance or any part thereof without waiving or affetting any option, lien, equity, or right under or by ~~rtue of tn~s hlortg.,ga, and the iull am::unt of each and every such payme~f sF?all be immediately due and payable a~d shall bea? interesf irom the date ther~of unt~l p~id at the rate of per ce~t per annum a~d together with such interest shall be secured by tne I~en of this mortsage. S@V2ri snd three-quarters 4. To permit, C~mmit or suffe~ ~o waste, impairment or deterioration of said property o? any part thereof. 5. It is hereby ~pecil~ca~Iy ag~ec~d that any sum or sums which may be loaned or advanted by the Mortgagee to the Mortgagor at any rime after thc rec~rd~ng of chis ind~nture, together with interest thereon at the rate agreed upon at the time of wch loa~ o~ advance, shall be equally secure.i w~th and hc~~c t!~e ~~me prior~ty as t~ criginal indettedness, and be subject to all the terms and provisions of this mortgage: Prov~ded, th~t the ~ggrcgare am:unt cf pnnupal outsto~ding at any time shall not exceed an amcunt equal to one hundred and fifty per cent 1150~1 of the prin~~pai am :unt originally sewred h_reby. 6. To pay all ;,~,:i vngul.v t~:~ c: its, cna~~;cs ~nd expenses, irtluding a reasonable attomey's fee and costs of abstract of tiNe in- wrrcd o~ paiJ at ::nv tim~: ti'J~:TGA;,cc bc.ause or in thc> evcnt of the failure on the part of the said MORTGAGOR to duly, promptiy and fully perf-~~rn, d~sc~~a~te. ~'.~cut~~, eftect, compl~te, C~mply with and abide by eath and every the stipulations, agreements, cond~tions and c~venanrs ot s~~d pr.;n~s_~r~ n_~c an:i thh m::r~g~ge any or eitFer, and said costs, charges and expenses, each and every, shall be ~mmediately du~ and p,~a~~te; ..h,~tr,<< ur n~c th~,re be notice, demand, attempt to colleet or wit pending; and the full amount of each and every such payment sh~Il bear ~nt~rc;t fr.:m the date thercof until paid at the rete of per tentum per annum; and all said costs, CF~,arges an~1 expense> ~ncurred cr pai~, toge:her with suth interest, shall be setured by the lien of this morigage. 7. T~,t 1a~ in the e.~~m of any breach of thic Mortgage o~ default o~~~~r~h~~~~~t~~) in the event any of said sums of money hcrcin refe~-ed t~~ be not promptly and fully paid witnin thirty (30) days next after the same severally become due and payable, without demand cr r,~rice, cr jr ~n ?~e c~.~nt exh and everv the stioulations, argeements, ea+ditions a~d eovenants of said promissory note and this mortgage any cr c~t, ~r ar~~ n:~t duL;, promptly and fully performed, distharged, exetuted, effeCted, tompleted tomplied with and abided 'by, then in erthe~ of ,::ch event, the said aggregate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and all m;neys Se:ur~d h~~eby, shall become due and payable forthwith, or thereafter, at the option of said MORTGAGEE, as fully and tompletety as if eil of thc s:,i;i wms of m~ney were originally stipu~ated to be paid o~ suth day, anything in said promissory note or in this Mortgage te the tuntrary not ~.ith;tanc.~mg; and thereup~n or thereafter at the option of said MORTGAGEE, without notiee or demand, s~it at law or in equity, may b~ pr_.:c„ted .;s if all monies zecured hereby had matured prior to its institution. R. That in the event that at the be~inning of or at any time pending any suit upon this Mortgage, or to foreclose it, or to reform it, or to t~ force payment of any ctaims hareunder, said MORTGAGEE shall apply to i~:~ i~;:rt Fwving jurisdiction thereof for the appointmrnt of a Recei~ ~r, sucn Court s7~1{ fortnwith app~int a Receiver, of said mortgaged p~operty all and singular, including all a~d singular the income, C- ~rits, issues and revern:-~ frem v,h~tevc~ source derived, eath and every of which, if oeing expressly undeatood, is hereby mort- gage~! .r specificalty set ferth .;r~.i de,cribe:i in the qranting a^d habendum tlauses hereof, and suth Receiver shall have all the broad and effr_nve functions a~d po~+ers ~n a~yw~se entruztc•d by a Conrt to a Receiver, and suth appe+ntment shall be made by such Court as an admitted equity a~d a matter of a`_.s~lute right to wid MORTGAGEE, and without referente to the adequacy or inadequaq of the value of the property mortgaged or to th~ s~~lvencv or ins~lvency of said MORTGAGOR or the defendanfs, a~d that suth rents, profits, intomes, iswea and revenues shafl be applicd by su~h Receiver according to the lien or equity of said MORTGAGEE and the pnctice of such Court. 9_ To duty, p~em~rly a~~ fully perfo~m, d~sc!wrge, e~cecute, effect, complete comply with and abide by each and every the stipu- Iatio~s, agreements, condit~3ns and ccvenants in said promissory note and in this mortgage set fotth. 10_ That in the event the ownership of the mortgaged p~emises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the MORT~AGFE. its successors and assigns, may, without notice to the MORTGAGOR, deal with such successor or successors in intarest with reference to r*:is m-:rteage and the de5t hereby secured i~ the same manner as with Mortgagor without in any way vitiating ~r discharging the Mortgagor's liability hereunder or upon the debt hereby secured. No ule of the premises hereby mortgaged and no fore- vcarance on the p.,rt of the A1pRTGAGEE n. its successors or assigns and no extension of the time for the paymenf of the debt hereby secured g~~en bv the (UORTGAGEE or ~ts succ ~ssors er assigns, shall operate to release, discharge, modify, change or effett the original liability of !he 1410RTGAGOR herein, either in whole or in part. 11 _ It is specifically agreed that time is ot the essence of this eontnct a~d that no waiver or any obligation hereunder or of the ~bligatic~ setured hereby shall at any time thereafter be held to be s waiver of the terms hereof or of the inst?ument SeCUred hereby. Signed, Sealed and delivered in presence of: ~ ; - - - - - - - - - (SEAU ~ ~ - - - - - . (SE/1U ~ STATE OF FLORIDA r ' SS_ ~ COUNTY OF ~ ~ ~ Before me personatly appeared - - - . - . . - - - and ~ ~ his wite, to me well known, an own to me to be the individuals destribed in ~ and who executed the foregoing instru , and acknowledged before me that they executed t me for the purposes therein expressed. ~ WITNESS my ha nd official seal this . _ _ day of___ , A D. 19 ~ - - - ~ ~ - - - - - - Notary Public in and for the State of Florida at Large. ~ ~ My commission enpires: ~ I ~M ~ A . I ~ d W ~ cn z , ~ _ W ~ w _ Z Q z ~ ° ~ _ A ~ a v { ~ ~ ~ ~ ~ i ! a ~T~ ~F'cQ~~ I w 7j0 ~ ~1 ' l~~~~ a> ~ i ~ U tr~",3 aa'' ~ ; ' C~; -.a ~ : ; O i-; Q a a ; ~ i 7G~x ~0~ Pn~c ~~0 ~ a v ~ ' ~ ~j ~ ~ ? ~ ~j ,i w ~ ~ M;; ~ ~~~Da,~ ~ I I H d 0 ~ ~ ~j L~1 Z 0 d ' M~.ti~ Q ?.'7" ~ ~ : ? W CA ~ , ~ ~ ~ ~ _ ~ ; . ~r ~ ~ ` i F ~ ; 1 ~ s ~r ~ - = r~ ~.~,.~x_ _ _ _n _