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Home My WebLink About2820 poi~cy o~ policies said MORTGAGEE shall have the optio~ to receive and sppiy tne sams un accou~t ot the indebtedness secured ncrebv or permit sa~d MORTGA,r,ORS to rece~ve and use if or any part theroof fo? othe~ purposes without thereby wawing or impai~ing any eQuity, t~en or righl under or by virtue of this Mortgage; a~+d in the evenf said MORTC/1GORS shall fo. any reason fail to keep the sa~d p~emises so insured, or fail to deliver promptly any of said policies of insurants to said MORTG/1GEE, or fail promptly to pay fully any premium therefor, or in any respect fail to perform, d~scharge, execute, effett, complete, tomply with and abide by this cwenant, or anv part hereof, said MORT• GAGEE rtwy place and pay fo~ suth insurante o? any parf thereof without waiving o? affecting any option, lie~, equity, or right under or by ` virtue of this Mortgage, and the full amount of wch and every suth payment shall be immediately due and payable and shall bear interest ~ from the date thereof until paid at the rate of ~S pe~ cent per annum and together with wch interest shall be secured by tF~e Gen oi this mortgage. t. To permit, commit or suffer no waste, impairment or dete?ioration of said property or any part thereof. 5. It is hereby specifically agreed that any wm w wms which may be loaned w advanced by the Mortgagee to the Mortgagor af any t~me after the recording of this indenture, together with inte~est thereon at the rate agreed upon at the time of suth loan or advance, shall be equaVy secured with and have the same prioriry as the original indettedness, and be subject to all the te~ms and provisions of this mortgage: Provided, that the aggregate amount of principal outstanding st sny time shall not exteed an amount equal to one hundred and fifty per cent 115046) of the printipal amaunt originally setured hereby. 6. To pay all and singular the tosts, charges and expenses, ircluding a reasonable attomey's fee and costs of abstract of title in- curred or paid at any time by sa~d N10RTGAGEE because or in the event of the failure on the part of the said MORTGAGOR to duly, promptly and fully perform, d~scharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, co~ditia+s and covenants of said promissory note and this mortgage any or eithQr, and said costs, charges and expe~ses, each and every, shall be immediatety due and payable; whether or not there be notice, demand, attempt fo coll~t Qr wit pending; and the full amount of each and every such payment shall bear intcrest from the date thereof until paid at the rate of /S aer tentum per annum; and all said costs, charges and expenses so ir?curred or paid, together with wth ~nterest. shall be secured by the lien of this mortgage. That (a) in the event of any breach of this Mortgage or default on the part of the MORTGACOR, or (b) in the event any of said sums of money herein referred t~ be not promptly a~d fully paid within thirty (30) days next after the same seve~ally become due and payable, without demand er notice, or (c) in the event each and everv the stinulations, argeert~e~ts, conditions and cavenants of said promissory note and this mortgage any or either are ~ot duly, promptly and fully performed, distharged, executed, effected, completed c~xnplied with and abided by, then in either o. any such event, the said aggregate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall become due and payable fo?thwith, or thereafter~ at the option of said MORTC,NGEE, as fully and completefy as if all of the said sums of money were originally stipulated to be paid on such day, anything in said promissory ~ote or in - this Mortgage to the contrary not withstanding; and the?eupon or thereafter at the option of said MORTGAGEE, without notice or demand, suit at law or in equity, may be prosecuted as if all rnonies setured hereby had matured prior to its institution. 8. That in the event that at the beginning of or at any time pending any wit upon this Mo?tgage, o? to foreclose it, or to reform it, or fo enforce payment of any claims hereunder, said MORTGAGfE shall apply to the Court having ju~isdiction thereof for ihe appointmmt of a P.eteiver, such Court shall forthwith appoint a Reteiver. of said rtwrtgaged property all and singular, including all and singular the intome, profifs, issues and revenues from whatevrr source derived, each and every of whith, if being expressly understood, is hereby mort- gaged as if spccifically set forth and desc~ibed in the granting and habendum clauses hereof. and stxh Receiver shall have alt the broad and effettive funttions and powers in anywise entrusted by a Court to a Reteiver, and suth appointment shall be made by such Court as an admitted equiry a~d a matter of absolute right to said MORTGAGEE, and without reference to the adequaq or inadequaq of the value of the property mortgaged or to the solvenq or insolvency of said MORTGAGOR or the defendants, and that such rents, profits, incomes, iswea and revenues shall be applied by wch Receiver according to the lien or equity of said MORTGAGEE and the practice of such Court. 9. To duly, promptly and fully perform, discharge, execvte, effett, tomplete tomply with and abide by each and every the stipu- Iations, agreements, conditions and covenants in said promissory note and in this mortgage set ~orth 10. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in s person other than the MORTGAGOR, the MORTGAGEE, its wccessors and assigns, may, without notice to the MORTGAGOR, deal with such successor or wccessors in interest with reference to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating or distharging the Mortgagor's liabiliy hereunde~ or upon the debt hereby setured_ No sale of the premises hereby mortgaged and no fore- bea~ance on the part of the MORTGAGEE c+. its wccessors or assigns and no extensio~ of the time for the payment of the debt hereby secured g~ven by the MORTGAGEE or its successors or auig~s, shall operate to release, discharge, modi(y, change or effett the original liability of the t~10RTGAGOR herein, either in whole or in part. 1 l. It is specifically agreed that time is of tha essence of this oontnct and that no waiver or any obligation F+ereunder or of the ~ obligatic~ secured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the inst?ument secured hereby. ° Signed, Sealed and delivered in presente of: i ~ E ~ i R - - - - - - - (SEAU - - - - ~ ~ 3 s - - - - - - _ _ - - - - . (SEAU ~ STATE OF FLORIDA ~ ~ COUNTY OF - - - _ _ ( SS. ~ ~ Before me personally appeared and ~ - - - ~ his wife, to me well known, and k me to be the individuals desc?ibed in ~ - - - - - - - - - - ~ and who executed the 4oregoing in t, and acknowledged before me that they executed the sa the purposes therein expressed. ~ WITNESS nd and official seal this day of---- - _ - - - - _ A D. 19 . s - - - ~ - - - ' ~ Notary Pubiic in and for the State of florida at Large. ~ ~-~_-~=_~.z=------•-- ~ s~ W ~ ~ ~ ~ a ~ w ~ ~ ~ ; ~ o x _ . ~ w ~ z~=~ ~ ~ , az - A i >~o z ° ~j ~ ~ ~ ~ H n a _ w ~a> ~ I ~~m ~ , ~ ~ O a z z ~ z w ~ , H ~o~ Z ~ 0 U ~ ~~'z ~ ~ ~ Aio W deo ~ E'~ ! < A , w ~ ~ , ~ ~ ~ ~ a~oK 210 oA~E 2~17 x' o ~ ~ ~ ~ ~ ~ ~ _ ~ . . - ~ . - ~ __z _ _ ~ . _ ____s