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Home My WebLink About2805 ,~ohcy or.pol~cies said MORTG/1GEE sFwll have the option to receive and apply tne same u~ account ot the indebtedness secured r?erebv or r~ permit sa~d MORTGA~RS to recei~e and use it or any pa?t tF?eraof fOr other purposes without fhe~eby waiving or impairing any equity, i~eff Of ti&nt Untiff O? Uy v~riue ut ifiiS iviwi~a~c~. eii~ iR ii'.8 8:0.~~~ 3a~~ :ti~v:C~vi~cL~S:3 3~w~~ ~v= a:ty s:,,~5;,:: ~si~ -r• =~'v ~•="~:='-'i so insured, or fail to deliver promptly any of said policies of insursnts to said MORTG/?GEE, or fail promptly to pay fully any premium therefur, or in any respect fail to perform, d~uharge, execute, effect, complete, tomply with and abide by this covenant, or a~v part hueof, said MORT• GAGEE may place and pay for such i~su~ante or a~y part thereof without waiving or affetting any option, lien, epuity, or ~ight under or by virtue of this Mortgage, and the full artwunt of each and every such payment shall be immediately due and payable and shall bear interest from the date the~eaf until paid at the rate of ~.~5 per cent pe? snnum and together with wch interest shall be secured by tt+e I~en of this mortgage. 4. To permit, commit or suffer no waste, impairment or deteriwation of said property or any part thereof. 5. It is hereby specifically agreed that any sum or wms which may be loaned or advanted by the Mortgagee to the Mortgagor at any t~me after the recording of this indenture, together with interest thereon at fhe rate agreed upon at the time of such loan or advance, shail be equa~ly secured with and have the same priority as the original indebtedness, and be wbject to all the terms and provisions of this mortgage: Provided, that the aggregate amount of principal outstanding at any time sF+all not exceed an amount equal to one hundred and fifty per cent 115046) of the principa~ amount originally setured hereby. 6. To pay all and singular the costs, charges and expenses, irtluding a reasonable attomey's fee and costs of abstract of title in- cu?red or paid at ~ny time by sa~d MORTGAGtE because w in the event of the failu~e on the part of tne said MORTGAGOR to du1y, y~w~~ytiy and fully perform, diuharge, execute, effect, complete, tomply with and sbide by eath and every the stipulations, agreements, conditions and covenants ot said promissory r+ote and this mortgage any or either. snd said costs, charges and expenses, each and every, shall be immediately due and payable; whether or not there be notice, derttia~d, attempf to coll~t ~}uit pending; and the full artwunt of each and every wth payment shall bear interest from the date thereof until paid at the rate of 7. ~ per tentum per annum• and all said costs, charges and expenses so incurred or paid, together with wth ~nterest. shall be setured by the lien of this mortgage. ~ 7. That (a) in the eve~t of any breach of this Mortgage or default on the part of the MORTGAGOR, or (b) in the event any of said , sums of money herein referred ta be rat promptly and fully paid within thirty (30) days next after the same severally become due and payabte. without demand or notite, o~ (c) in the event e.xh and everv the stioulations, argeements, to~ditions and covenants of said promissory note and this mortgage any or either are not duty, promptly and fully performed, discharged, executed, effected, completed complied with and abided by, then in either or any such event, the said aggregate wm mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby. shall become due and payable forthwith, or thereafter, at the option of said MORTGAGEE, as fully and completely as if aIl of the said sums of money were originatly stipulated to be paid on wCh day, a~ything in said promiuory note w i~ this Mortgage to the co~t.ary not withstanding; and thereupon or thereafter at tF+e option of said MORTGAGEE, without notice or demand, suit at law or in equity, may be prosecuted as if all monies setured hereby had mafured prior to its institution. 8. That in the event that at the beginning of or at any time pending any wit upa~ this Mo?tgage, or to foreclose it, or to reform ~t, or to enforce payment of a~y claims hereunder, said MORTGAGEE shall apply M the Court having jurisdittion thereof for the appointment of a Reteiver, suth Court shall forthwith appoint a R¢teiver~ of said rtwrtgaged property all and singular, including all and singular the income, profits, issues and revenues from whatevr_r source derived, each and every of whith. it being expressly understood, is hereby mort- gaged as if spetifitaiiy sef fiorth and describeci in tF+e granting and habentium Ciauses hereof. ana suth Keteiver snaii iwve aii ine oroaa and effective functions a?~d powers in anywise entrusted by a Court to a Receiver~ and wch appointrnent shall be made by suth Court as an admitted equiry and a matter of absolute right to said MORTG/1GEE, and without reference to the adequaq or inadequacy of the value of the property mortgaged or to the solvenq or insolvency of said MORTGAGOR or the defendants, and that such rents, profits, incanes. iuuea and revenues sF+all be applied by such Receiver according to the lien or equiy of said MORTGAGEE and the practice of such Court. 9. To duly, promptly and fully perform, discharge, execute, effett, complete comply with and abide by eath and every the stipu- lations, agreeme~ts, conditions and covenants in said promissory oote and in this mortgage set fath. 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, without notice w the MORTGAGOR, deal with such successor or successors in interest with reference to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating ~r distharging the Mortgagor's liability herettrsder or upcxt the debt hereby sflcured. No sale of tF?e premises hereby rtwrtgaged and no fore- bearance on the part of the MORTGAGEE a~ its wtcessors or assigns and no extension of the time for the payment of the debt hereby setured g~ven by the MORTGAGEE or its successors or assigM, shall operate to release. distharge. modify. thange or effect the original liability of the f~tORTGAGOR herein, either in whole or in part. 11. It is specifically agreed that time is of~the essente of this Contract and that ~o waiver or any obligation hereunder or of the obligation secured hereby shall at any time the~eafter be heW b be • waiver of the temu hereof or of the instrument secu~ed hereby. ~ Signed. Sealed and delivered in presence of: ~ - - - - - - (SEAU - - - f i - _ - - - - - (SEAU ~ STATE OF FIORIDA 1 e - SS. COUNTY OF - - - - - ~ 9 ~ Before me personatty appeared _ - - - - - - - - - - a ` ~ his wife, to me well known, a own to me to be the individuats dex?ibed in ~ _ _ - - - - - and who executed the foregoing inst t, and acknowledged before me that they executed me for the purposes therein expressed. ~ ~ WITNESS m and official seal this _ _ . _ day of_.__ _ , A. D. 19 . _ ' ~ - - - - - - ~ ~ - - - Notary Public in and for the State of Fbrida at Large. ~ My commiuion expires: ~ W ~ Q , a ; I F'' ` ~ ~ _ i ~ w~.j~ ! V ~ O ° " ' ; zQz . e A ~ ~ A . ~ a o g z a ~ w i N,~ ~ F, a j ~ ~ ~ ~ o aZZ ~ ~ a m U w ~ ~ ~°a ~ e ~ ` AQ~ W ~ ~ ~ c,,~ Z o A d o R3 < W ~ ~ x ~ - • ' ~ 0~ aR F Fy ~ Eo~~K 210 ~~~~.-2802 . ~ ~ . 3: . ~ ,;:3 ;;1 ~S, . . . . . '-r. y . . ~ , . . . ~+~'T' ' . ~ . ~ . . . . ~ ~,~J"~r.,. __w, ~r.., . _ . . . . . . .,fr'.+'~`