HomeMy WebLinkAbout1589 6. '!b p~y all and singula~ the ^uat~, CTILI~Ea, expec~es end attorney's ica~ re~sanably fnr~rred oc pald at any tLn!
by tAe Mort~ugee Decause ot aAy detault as to any ~Upulatfon, uLCePr~ient atid coveaant of the aote and thts Mort~e?ge, or
either, or in any suit o~ p~oceeding st law or tn eyufty to ~~AfcA the Atortgagt~ shall be and be~ome a party la teterence
to tt.e Mori~ago~'s lnterest in the Fr~misPS he~cin inortgsged, ur irt swtataing the lten or priority ot thts Mort~e; the
amounts ot any s:rch cc+sts, cha~ges, expznses aad tees shall also be deemed a cherge and Indebtedness secured hereby
end beac iaterest at the ssme rate ts the principal indebtedness.
7. In the eveet ot a defauft tn any ot the co~•enes~ts of this Mongage, the Diortgagee b expreasly siveA the ~i~h~
wAich may be exercL~ed at a~y time d~.~ring the e.ristenre oL any detautt and su long as a detault shall exist. to talce posses-
aion u[ and hotd the premises, with u~ without proceas ot law, and collect and rrcelve the rent; laues and prorits
theretrom, with or without taking posscsiun o[ the premises, and to applY the teRt~ iztues and proflts to t1~e payinent
ot expenses, chary~es aad amou~ts due and payable under the pro~~isions ot the note snd this 1?toctgage. The MortYagor
assigns and transters unto the Morlgagee the rnnts, issues and proflts o[ the premises tor tne puipose doresatd. The tak-
ing ot possc~ston of the premises and the collection ot the renu by the Mortgager shail in no way watve the tight of the
Mortgagee to toreclose th(s 1?iortgage because cf a detault. .
Md the Mortgagee may. at sny time pending s suit uport this MortgagF, apply to the Court having fi?risdiction of
such suit tor the appointraent ot a ra.~cei~~er ot all and singular the premises aud the rents. Lssues and proHts thereof. and
tt?ereupon the Court ahall torthwitl~, as a strict matter ot right in the 1ltortgngee, eutd without conslderatlon ot the
value ot the mortgaged pmmises as security for the t nounts due the ~liurtgagee. a: tAe solvency of any peraon or persons
bound for U~e pa~Tnent ot such amounts. and without notice, appaint a rerciver ot all such premiseu wlth the usual powess
ar.d dut[es including the power to rent the premises and to collect the rental thect~t and theretrorn. the rever.ue detlved
trom said premises to be applled to the proper charges and expenses attending the recetvenntp, taxes an~ assessments
and other charges ag~nst and for t1:e protection oi the premises, the psyment ot the tndebtedn~ss aecured hereby. or as
the CouK may othen~rise direct. `
8. It the premises, or any part thereol. is taken oc damaged under any poKer o[ eminent domaln or otheiwLse. then
whatever moneys shall ttiereby be+:ome due tDe Moctgegor are hereby assigned and shall be paid to the Mortgagee. whq,
etter deducting al! reawnable costs and expenses which may have been incurred by it [n the ooUection thereot. sAall
apply the temainder ot the sums recelved to the psyment and satistactton ot the indebtedness secured hereby in ittll or pro-
tanto. Any surplus ot such moneys over and ebo~e the amounts necessary to pay fn tuU all lndebtedness hereby sei.wrsd
ahall be paid to the Mortgagor.
9. The l~iortgagee shall ha~~e the right et any time and [rom time to tlme, and without notice to or tonsent o1 any
person, to rclease any postion oi the prem~ses from the lien o[ this Diortgage and to extend tt?e time of payment o[ all or
any part of the ir.deatedness, without aQect:n~ or releasing the personal liabitity o[ ar.y person llable for the pay~nent of
any sum or interest secured hereby and without in an~~+ise altering, ~aryi?:g or dim:ni~hing the torce, eftect or lten ot
this Morlgage on all ot the premises nat speciflcally released Lrom the lien of this Morigage by the Mortgagee.
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The covenants hereta contained shall bind, and the bcmeSts and advantages shall inure to. the res,xctlve hefis, execu-
tors, adminlstrators, s~tcoessors, and assigns ot the partles hereto. Whenever used, the singular number shall include thE
plural, the plural the singular. and the use of any gender shall inctude all genders. It is intended that thls Mortgage and
the note bereby secured are made with reterznce to and shali be rnnstnied as a Fiorida contraM snd governed by the
laws thereoL
IN WITNFSS WHEREOF, the :~iortgagor herein named h~ hereunto set his hand and seal the day ~nd yeu Sest
above written.
Signed, Sealed and Delivered
in the Pre,gence of:
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~ G ._(SEAI.)
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David J. Totr.
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~ ~ G ` _(SEAL)
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/ ' ~ Caro L. th
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~ K.~-i~ ~.J J~~ST
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8~211 ~1587
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~~b~~~dv -'a.'-S'. T..'~_..:~~c ~ ».w Y . ~ ~'es.