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Home My WebLink About1048 eAUO~ ~o •~a~~ a~~~ ~ ~ae~~s~~ ~ ' ~ ~ . . va~~cr o. po~icies said MORTGAGEE shatl hsve the optio~ ro receive snd spp~y tne same un account o1 the indebted~ess secureA ne.ebv w a+ permit sa~d MORTGAGORS to receive and use it or any put thersof for oth8r purpc~ses without thereby waiving or impairing a~y equity, lie~ w•igh~ unde. w by virtue of this Mortgage; and in ths wa+t said MORTC/IGpR$ sha11 fo• a~y reason fail to keep the said premises so insured, or fail to deliver promptly any of said polities of inw?snce to said MORTG/1GEE. a fail promptly to pay fully a~y premium the?eto~, o~ in any respect fail to pe~form, discharge, execute. effect, complete, tomply with snd abide by this tovenant, or anv part hereof, said MORT• ! G/ICEE may place and pay fw wch insu~ance or any psrt thereof without waivi~g or affecting any optio~, lien, equity. o~ ~ight under o? by virtue of this Mortgage, and the full amount of wch and every such payment shall be immediately due and paysble ar~d shall bear i~terest from the date thereof until paid at the nte of pet cent per aMUn1 and together with wth interest shall Se setured by the i~en of rh~s mor~gage. seven and orie-Quarter 4. To permit, commit or wffer ~o wsste. impainnent w dete~ioation of ssid property o. any part thereof. 5. It is hereby specifically agreed that any wm w wms which msy be loaned or sdvanced by the Mortgagee to the Mortgagor at any rime after the recording of this indentu~e. togethe~ with interest thereon at the rate agreed upon at the time of wch toan or advance, shall be equaily secured with and have the same priwity as the orlginal fndebtedness, snd be subjett to all the ferms and provisions of this mortgage: ; Provided, that the aggregate am~unt of printipal outstanding at sny time shall not extced an amaint eqwl to one Fw~dred and fifty per cent ~ (150~Xi) of the p~incipal amount originalty secured hereby. i 6. To pay all ar,d singular the ccsts, tharges and expenses, irtluding s resspnabfe attpmey's fte and tosts of abst?aCt of tlfle In- turrcd or psid at any time by sa~d MORTGAGEE because or in the event of the failu~e on the part of the said MORTWGOR to duly, promptly and fully perform, diuharge, execute, effect, complete, comply with and abide by eath and every the stipulations, agreements, conditions and covenants of said promissory note and this mortgage any or either. and said coat~ es 'f ~~c~,~a ~d every, shall be immediately due and payable; whether or not thcre be notice, demand, attempt to cofT~~ iT~~7~ii~,a~tTia'f~7R amount of each and every wch payme~t shall bea? interest from the date tF+ereof until paid at the rate of per ter+tum per annum; a~d all said costs, charges and expenses so ;ncu~red or paid, together with such infe~est, shall be setured by the lien of this mortgage. 7. That la) in the event of any breach of this Mortgage or dehult on the part oE the MORTC/1GOR. or (b) in the eve~t any of said sums of money herein referred ta be not promptly and fully paid within thirty (30) days next afte? the same seve~atfy becwne due and payable, without demand o~ notice, w(d in the event eath a+nd every the stiaulations argeements, conditions and tove~ants of said promissory note and this mortgage any or either are not duly, promptly and fully perfo?med, discharged, executed, effected, completed tomplied wifh and abided by. then in either or any such event, the said aggregate wm mentionetl in Said promisSOry note tt+en remaining unpald, with interest accrued, and all moneys secured hereby, shall become due and payable forthwith, or thereahe:. at the option of said MORTCNGEE, as fully and completely as if all of the said sums of money were originally stipulated M be paid on suth day, anything in said promissory ~ote or in this Mortgage to the contrary not withstanding; and thereupon or the~ e:`.ier at the option of said MORTGAGEE, without notice or demand, suit at law or in equity~ may be prosetuted as if all monies secured had mafured hereby prior to its institutian. R. That in the event that at the begin~ing of or at sny time pendir?g any wit upon this Mortgage, or to foreclose it, or to refortn it, or to e• force payment of any claims hereunder, said MORTG/IGEE si+afl appty ro the Court having ju~isdictiot~ thereof for ihe appointment of a Recei~:±r, such Court shall forthwith appoint a Receiver. of said mortgaged proporty all and singular, including all and singular the income, p•~.~tits, issues and revenues from whatever source derived, eath and every of which. it being exp?essly undenfood, is hereby mort- gage+± a- .r specifically set forth and described in the granting and habendum tlauses hereof, and such Receiver shall Fwve all the b~oad and effp;,nve functions and powers in anywise entrusted by a Court to a Receiver. aed such sppointment shall be rriade by such Court as an admitted equity and a matter of absolute right to said MORTG/~IGEE, and without roference to the adequaty or inadequaq of the value of ths P?~~Y ~?8aged or to the solvenc~r or insolvency of said MORTG/~GOR or the defenda~ts. and that wch rents, profits~ incomes, iswea and revenues shall be applied by wch Reteiver according to the lien or equity of said h~ORT~AGEE and the pnttice of suth Court. 9. To duly, promptly and fully perform, discharge. execute. effect. complete comply with and abide by each and every the stipu- lations, agreements, cor+ditions and tovenants in said promis9vey ~ote and in this mort~a~e set forth 10. That in the event the ownership of the mortgaged premises. or any part thereof~ becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its successors and assigns, may, wittwut netite to the MORTGAGOR, deal with suth wccessor w sutcessors in interest with reference to this mortgage and the debt hereby secured in the same ms~ne~ as with Mortgagor without in any way vitiatirtg or dischargtng the Mortgagor's li~biliy here~x~der a upon the debt hereby secured. No sale of the premises hereby mortgaged and no fore- bearance on the part of the MORTGAGEE c+. its sutcessors or assigns and no exte~sion of the time for the payment of the debt hereby secu~ed given by the MORTGAGEE or its successors or auigrts, shall operate to release. diuharge, rt~odify. t}?ange w effett the originsl liability of the MORTGACAR herein, either in whole or i~ part. 11. It is specifically agreed that time is of the asente of this oontrsct and that no waiver or any obligation hereunder or of the obligation secured hereby shall at any time thereafte~ be held tp be ~ waiver of the temu hereof or of the instrument secured hereby. - Signed. Sealed and delivered in presence of: - - - (SEAU - - - - - - - - - V - - - - - - ST/1TE OF FLORIDA 1 u. ' counmr oF- - - , _ f Before me personally appeared - - - - - - ~ ' hIs wife. to me w~ell k . knowr~ to me to be the individuals destribed in and who executod the foregang ins t. and xkrwwledgcd before me that they execu same for the purposes therein expressed. ; WITNESS my and official seal this - - - day of-------------- - - . A. D. 19---- - ~ ' - - Notary Publit in and for the State of Florida st Lar . ' My tommission expires: t A ' a W ~ ~Z ~ w , ~o x I A Zaz ~ e ` ; ~ ~ z ~ A ' a~ W ~ H w ~ ~a > ~ ~ ~ a~ r~ 'a V ~ ~OQ ~ ~o~ d Q.~Z ~ x ~ ~ V ~ , ~zo e . E"~ < q W ? ; c~ ~ ~ ao~210 ?~~1046 ~ ~ ~ . ~ o ~ ~ . ~ ~ ~ ~ - . n . „c... . - _k s: _ 5 - ~ ~ ~ ' ~N.x. . .~-~cr{'r .il'aiR