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Home My WebLink About0128 ~~Abstract & Ttl~ Corp. of Florida ~oucy a po~icies said MORTC/1GEE shall hsw ths option to receive snd spp~y tne sams un account ot the indebtedness secured t?crebv or t~ permit said MORTG/1CARS to reteive and us0 it o~ sny pa~t theroof for other purposes without thereby waiving or impairing any equity. lien w righl unde~ o~ by virtue of this Mat~sQe; ~nd In the event said MORTGAGORS shall fo. any reason fail to keep the said premiscs so inw~ed, a fail to ckliver p.omptly any of said politios of inwrs~ce to said MORTG/1GEE. w fail prortiptly to pay fully any premium therefor, or ie? any respect fail to pscEwm, discha~Qe, txecute, effect. complete, comply with ~nd sbide by this covenant, or anv pan hereof. said MORT• GAGEE may place and pay for wch Insur~e~ce o? sny pa~t thereof without waiving w sffetting any option, lien, equity, or right under a by virtue of this Mortgage, snd the full srr?ount of each and every suth payme~t shsll be imtnediately due and psyable and shalt bear interest from the date there~f until paid at the rata of per cent ps? snnum and toQether with suth interest shall be setured by the lien af this mortgage. @ig,tlt I, To permit, commit or wffer no wasts, impairment or detaiontion of said property or any part thereof. S. It is hereby spetifically agreed that any wm or wms whith may be loaned or sdvanted by the Matgagee to the Mortgagor at any time afte? the retording of this indentu?e, together with interest thereon at the ?ate agreed upon at the time of wch loan o~ advance, shall be equally secured with and have the same priority as the original indebtedness, and be wbject to all the temns and provisions of this mortgage: Provided, that tF?e aggregate amount of printipal outstanding st sny tlme sh~ll not exteed an srtwunt eqwl to one hundred and fifty per cenf (150~i) of the printipal amounf originally setured hereby. b. To pay all and singular the costs, cha~ges and expenses, intluding s ressonable stto?~ey's fee and costs of abstract of title in- curred or paid at any time by sa~d MORTGAGEE bewuse o? i~ the evcnt of tF+e failure on the part of tF+e said MORTGAGOR to duly, promptly and fully perform, discha~ge, execute, effect, complete. comply with and abids by exh snd every the sfipulatio~s, agreements, conditions and covenants of said promissory note and this mortgage any or either~ and said tost~,;~+pr~ es and expenses, each and every, shall be immediately due and payable; whether or not there be notice, demand. attempt to col~lL'Flft'suit pending• azd !he full amount of each and every such payment shalt bear interest from the date thereof until paid st the rate of ~(per tentum pe~ arv?um• and all said cosK, tharges and expenses so incurred or paid, together with such ~nterest, shall be seture t e ien of this mz::*b=os• ~ 7. That (a) in the event of any breach of this Mortgage or default o~ the part of the MORTGAGOR. w(b) in the event any of said sums of money herein referred ta be not promptly and fully paid within thiry (30) days next after the same severally become due and payable. without demand or notice, or (c) in the event each and everv the siioulations. argeements, conditio~s and covenants of said promissory note and this mortgage any or either are not duly, prompNy snd fully performed, discharged, exetuted, effected, completed tomplied with and abided by, then in eitF+er or any such event, the said aggregate wm mentioned in said promissory note then remaining unpaid, with interest accrued, and all ma?eys secured hereby, shall become due and payable forthwith, or thereafter. at the optio~ of said MORTGAGEE, as fully and completely as if all of the said wms of money were originally stipulsted to be paid on suth day. anything in said promiuory note or in this Mortgage to the contrary not withstanding; and thereupon or thereafter st the option of said MORTGAGEE, without notite or demand, ~ wit at law or in equity. may be prosecuted as if all rtwnies secured 1?eteby hsd matured prio? to its institution. 1 S A. That in the event that at the beginning of or at any time pending any wit upon this Mortgage. or to forecbse it. or to retorm € it, or ro e• force payment of any claims hereur+de?, said MORTWGEE shall apply to tF+e Court having jurisdiction thereof fw the sppointmmt of s Retei.ar, wth Court shall forthwith appoint a Receiver. of said mortgsged property al) snd singular, including atl and singular the ; income, p~•~rits, iuues and revenues from whatever source derived, each s~+d every of which, it being expressly understood, is hereby mort- ~ gagr! a- :t specifiwlly set forth and described in the granting an~ habendum tlauses hereof, and suth Reteiver shall have all tF+e broad snd ; effe;.ove functions and powers in anywise entrusted by a Cwrt to s Reteiver, and wch sppointrnent shall be made by such Court as an admitted equiry and a matter of absolute right to said MORTGAGEE, and witFwut roference to the adequacy or inadequacy of the value of the property mortgaged or w tlr. sotvency or insolvency of said MORTGAGOR or the defendants. and that wch rents, profits. incanes, iswea and revenues shall be applied by wth Reteiver attording b the lien or equiy of said MORTWGEE and the pnctice of wch Court. 9. To duty, promptly and fully perform, dixharge. execute, efhct. oort~plete compty with and abide by each and every the stipu- latiau, agreements. tonditions and rnvenants in said promissory note st~d in this mortQs~e ;et forth 10. That in the event the owne.ship of the mortgaged premises. or sr~y part thereof, bec«nes vested in a person other than the MORTGAGOR, the MORTGAGEE, its successws and assigns, may, without nonce w the MORTGAGOR, deal with such wccessor or wccesxors in interest with reference to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any wsy viHatina or discharging the Mortgagw's liabiliry hereurder or upa~ the debt hereby secured. No sale of the premises hereby rnortgaged and no fore- bearance on the part of the MORTWGEE nr its wcceuon or assigns and no exteruion of the time fo? the payment of the debt hereby secured eu g~ven by tF+e MORTGAGEE or its successors o? assigns, shalt operste to mlease. distharge, modily. changa or effect the originsl liability of the MORTGAGOR herein, either in wFale or in part. 11. It is speciRplly agreed that time is of the essenos of thls oontntt and that ~o waiver or a~y obligation hereunder or of th~ obligatio~ setured hereby shall at any time thereafter be held M be a waiver of the terms hereof w of the instrument secured hereby. ~ Signed. Sealed and delivered in presence of: i I ! ; s E oF FLORIDA ~ , i3D~l~Ii~NT~itY,~'~ S~A____M P T~• ~ j . - - - ~ ; - ~ .sa oEA'T_ Of RE'YE1'{'.lE r . ' - - _ ~ ~ ~ - = ~~~n ~ - = $1. 5 0 1 --~sEnu ~ - - - - - o " pi. F : ~ ~ STATE OF FLORIDA o = ~~+cn - _ _ ~ COUNTY OF- - . . . . . . ` ~ Before me persorwllY aPP~~ - - and ~ - - his wife, to me well known to me to be the i~dividuals described in - and wfio exetuted the foregoing inst t, and acknowledged before me that they exeC he same for the purposes therein expressed. WITNESS my and offitial seal this - day of-------------•-- . A D. 19_---.-- • - - - - ~ ~ - ~ Notary Public in and for the State of Florida at g My commiuion expira: ~ s ~ ~ W ~ A ~ d ~ W ~ ~o x _ W ~ za~ ° A T~ A i ~oo z a : - O n ~"ma W ~ " ~ ~ E ~ ~U9 ~ ~Y ay~ ~ E 41 a > . F~ 7 ~ ~~I H ~aQ ~ ~oU ~~z ~ i~ ~ m ~r: ~ Q o,~ W H e ~ ~ ~ ~Zo A W o < ~ - ~ ~ ~j ~ 0 R ~ ~ BOOK O z~o ~f w ~ . i ' ~ ~ . ~ ~ w ~ `~L+" ' ~ ~ - ~ K ~.~'z~'. .~'Y<'S~`r~- q ? ~ 2~' ~'n+~y{~~~ e ~~~~T»~+,.5 _ , '~s^bra:~,~".~_ . ~ ~ c. . '~'~`*.~s~:`.ST~ ~