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Home My WebLink About1885 poHCy or policies said MORTG/1GEE shall have tM option to nteiw and apply tne sam~ un sccount ot the indebtedneu secured r+arepv or tn permit said MORTG/1GORS to reteive and us~ it w any part th~hof for otF+K purposes without the~eby waivins or irnpairi~p anY eQu~b• I~tn or riRht Nnder w by virtue of this Mat~s~e; and in tM ~wnt said MORTGAGpRS sh~ll fo. any ~eason fail to keep the said premises so inwred, w fail to delive~ promptly any of said polities of inwrant~ to saW MORTGAGEE. w bil promptly to pay fully any premium therefa, or in any respeu (ail to perfo~m. d'?scF~r~e. executs, effect. ca~r~p~~», comply with u~d abids by this cove~snt, or a~v psrt hereof, said MORT- GAGEE may placs and pay fw wch inwn~ce or any part the~wf without waivin~ w affectin` se~r option. lien. epuity. w right under or bY virtue of this qAortgage, snd the full amount of each and ~wry suth psyment shall be inunediately due and paysble and shall bear inte~est from the date thereof until paid at tM rato of 8 per c~nf per amum and together with wch interest shall be secu~ed by the I+en of this mort`age. 1. To pennit, commit w wffe? no wsste. impairment o? dete?iontion of said property a smr pairt thereof. a S. It is hereby specifitally agreed tF+at any wm or wms whith rn~y be Iwned or advanted by the Mortgagee to the Mortgago? at any time after the reco~ding of this indenture, together with interat thereon at the nte sgrced upon st the time of suth loan or advance, shall be equa~ly secured with and have the same priority as the original indebtedness. and be wbjett fo sU the terms and provisions of this mortgage: Provided, that the aggregate amount ot printipal ountanding st ~mr time shall not extaed an smamt eqwl to one hundred and fifty per cent (150~1) of the printipal anwunt originally sctured hereby. ~ 6. To pay all and singular the costs, charges and expenses, includinQ s reasonable sftorney's fee and costs of abstratt of title in- cur~cd or paid at any time by sa~d MORTGAGEE because w in the evcnt of the failuro on the part of the said MORTGACAR to duly, promptly ~ and fully perform, discharge, execute, effett, complete, comply with and sbide by ~ch and every the stipulations, agreements, conditions and covenants of said promissory note and this mortgage any or either. and said tosts. tharges and expenses, each and every, shall be immediately due and payable; whethe. or not thcre be notice, demand, attempt to Co11eCt or suit pending; and the full amount of eath and every wch payment shall bear interesf from the date thereof untll paid st the rate of $ per tentum per a~num; and all said costs, tharges and expenses so incurred or paid, together with wth mterest, shall be secured by the lien of this mortgage. 7. That la) in the event of any breach of this Mortgage or defsult on the part of the MORTC/1GOR. or (b) in the event any of said wms of money herein reterred to be ~+ot promptly a~d fully paid within thirty (30) days next after the same severally betome due and payable. without demand or notice, or (c) in tF+e event each and everv the stinulatiau, argeements. conditions and covenants of said promissory note and this mortgage any or either are not du~y, promptly and fully performed. dxharged~ executed, effected, completed complied with and abided by. then in either or any wch event, the said aggregate wm mentia~ed in said promissory note then reirwining u~paid. with interest accnied. and all moneys secured hereby, shall become due and payable forthwith, or thenaher, at the option of said MORTG/1GEE, as fuly and tampletely as if all of the said wms of money were o?iginally stipulated to be paid on such day. anything in said promiuory note or in ~ this Mortgage to the contrary not withstanding; and thereupon o? thereafter at the option of said MORTGAGEE, without notice or demand. wit at law or in equify. may be prosecuted as if all mo~ies secured hereby had matured prior t0 its institution. 8. That in the event that at the beginning of or at ariy time pe~ding sny wit upon this Mortgage, or w foreclaae it. or to reform it, or to enforte payment of any tlaims hereuncler. said MORTG/1GEE shal) apply to the Court having jurisdidion thereof for the sppointmcY+t of s Reteiver, such Court shall fo~thwith appoint a Receiver. of said mortgaged property all and singular, intluding all and singular the ' irxome. profits, iswes and revenues from whatever source derived, each aed every of whith. it being expressly understood, is hereby mort- gaged as if specifically set forth and described in the granting and habendum clsuses hereof, and iuch Receiver shall have all the braad snd effective functia~s and powrrs in anywise e.,trusted by a Court to a Receiver, snd such sppoi~tment sF+all be made by. such Court as an a~nitted equity and a matter of absotute right w said MORTG/1GEE, and without mfe?ence to the adequacy or inadequacy of the value of ths property mortgaged or to the solvency or insolvency of said MORTGACOR o? the defendants. and that wch rents. profits. incomes, issuea and revenues shall be applied by wch Receiver according b the lien or equiry of said MORTGAGEE and the pnctice of such Court. 9. To duly. promptly and fully perform, discharge. exewts. effect. oomplete aar~ply with and abide by each and every the stipu- ` lations, agreements. tonditions and covenants in said promissory note snd tn this mortaaae set forth. . i f 10. That in the event the ownership of the rrwrtgaged premises, or u~y part thereof, becomes vested in a person other than the ~ MORTGAGOR, the MORTGAGEE, its successors and assigns, msy, witMut notioe to the MORTGACOR, deal with such wccessor or wccessors ' in inte?est with refere~ce to this mortgage and the debt hereby setured in the same manr~ as with Mortgagor without in any way vitiating ~ or dscharging the Mo?tgago?'s liabiliy hero~r+der w upor~ the debt hereby sewnd. No sale of the premises hereby mortgaged and no fore- i beara~ce on the part of the MORTGAGEE n. its successors or assig~s and no extension of the time for the payment of the debchereby secured given by the MORTGACEE or its sutcessors w assigns. shall opente to release. discharge, ~rwdiiy, change or effett the original liabiliry of ! the MORTGACAR herein, eitF+er in whole or in part. ~ 11~. It is specifically agreed that time is of the essenos of this oontrsct and that no waiver or any obligation F~ereunder or of the obligation secured hereby shall at any time-thereafter be held w bs s waiver of the terms hereof w of the instrument secured hereby. Signed, Sealed and delivered in presence of: ; . I I _ (SE/1U ~ - - - - - - - - _ - - (SEAU STATE OF FLORIDA ~ S5. : COUNTY OF - - f Before me persorwlly appeared - and his vrife, to me well krawn. sn M me to be the individuals described in and w1w executed the foregang inst t. and xkrwwledged before me that they executed e for the purposes therein expressed. WITNESS my and official seal this -__.day of----.---_-_-_---~----- . A D. 19----- - - - Nohry P~lic in and for the State of Florida at Large. My corrunission expires: W Q ~ a i ~ W ? v~ Z ~ ~ ~ p ~ w j ZQZ o A i ~~o Z ~ : p~ x o : W ° ~m~ ~ ~zm ~ H : ~o~ a ~oe r~M Q-~ Z v t~ ~ m ~ e ~ v ~c` t~J i o W d z ~ E~ , < A ~ ~ i S ~ ~ ~ . ~ ~ 212 ?a~f~ x . 885 ~ . s - _ -