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Home My WebLink About2569 pwicy. w poticies said MORTC/1GEE shall hsw tM option to roc~iv~ ~nd app~y t~+~ s~m~ un xcax+t ot tM indebtedness secured t+erebv u+ h' permit said MORTG/~CORS to ~eceiw and ust it or sny p~rt tht?~of fw other pu ~po~ses without tF+e~eby waivin~ w impai?in~ sny epuih. lien o? ~i~h1 under o? by virtus of this MortQa~e; ~nd in tM went ~aid MORTGAGORS sh~ll M. any reason fail ro keep the said pron+isos so inwrsd, w fail to deGver promptly any of ssid polities of inwwnp to said MORTG/1GEE, o~ fsil p~omptly ro psy fully snY premium therefor, w in a~y respett fail to pe~torm, disth~?~e. execute. tffstt. oompl~b. complr with and abide by this cwens~t, o? an~ part heraaf. said MORT G/1GEE may place snd piY fa wch inwn~ce p an p~~t thenof wiM+out vwivin` o? affectinj sny option, lien. eQulty. or right w+der o~ by . virtue of this N~atgsge, ud tF+s fuli smounT of ea~i and ewry wt1+ p~Yment sh~ll b~ inrne~:istely dus and psyable and shall bear interest from tM d~te N+ereof until psid st the rat~ of 7.75 PK ~~+t W? annun+ snd to~ether with suth interest shall be secu?ed by ths lien of this mortga~e. 4. To pKmit, eommit a wffar ra wasM. impaim~se~t or d~te~lontion of said property or sny part the~eof. S. It is hereby specifiplly agreed that s~y swn or wms wfiith msy be losncd or advantedby the Mortga~ee to the Mo~tQago~ at any r~me sher the retazding of this indenture, together with interest theraon at the rate s~?eed upon at tl+e time of wch loan or advance. shall be equaQy secured with and have the same p~iority ss the original i~~dablednesa. snd be subject to all the temu and provisions of this rtwrtgage: Provided. that the aggregate amow~t of p?incipal outstandin~ at srn? tims sF?~II not excoed an amar~t eawl to one hundred and Rfty per cent (15096) of the prirxipal amount o?i~inally setu~d hemby. 6. To pay all and singular the tosts, charges and a,~ses, intluding a ressonable s~~rn~y's fee snd tosts of abstract of title in- curred or paid at any time by said MORTG/1GEE because oi ~n the event of the failuro on the part of the said MORTGACAR to duly promptly ar+d fulty perform, diuharge, execute, effect. complete, comph with and sbJds by e~ach snd every the stipu~ations, agreements, eor~ditions and covenants of said promissory note and this mortgage any or either, and ssid costs. thuges and exper~ses. exh and every. sF+all be immediatey due and payable; whether w not there be notice, demand, attampt M oollect or wit pending; and the full amount of each and every wch payment shall bea~ interest from the date tF~eof until psW at the nte of ].75 aer centum per annum; and all said costs. tharges a~d expenses so incurred or paid. together with such ~nterest, shall be setured by the lien of this rtwrtaage. 7. That (a1 in the event of any breach of this Mortgage or default on the part of the MORTCJICAR, w(b) in the event any of said sums of money herein ?eferred ta be not pranptly and fully paid within thirty (30) days next after the same scvenlly become due and payable. without demand or notice, or (c) in the event each and even? the stipulations, argeements. eonditions and tovenants of satd promissory note and this mortgage any or either are not duty. promptly and fully performed. distharged, executed, effected, completed complied with and abided by, then In either or any wch event, the said agg~egate wm mentioned in said promiuory note then remaining unpaid. with interest acuued, and all moncys secured hereby, shall becane due and payable forthwith. or thereafter. at .-~e option of said MORTWGEE, u fully and campletely as if all of fhe said wms of nwney were originally stipulated to be paid on wch dsy, anything in ssid promiuory note or in this Mortgage to the tontrary not withstanding; and thereupo~ or thereafter ar the oprion of said MORTGAGEE. wirhout notice or demand. _ wit at law w in equity. may be prosecuted as if all rr~onies secured F~etaby htd maturod Pr1w to its institutio~. 8. That in the avent that at the beginning of or at smr Hme pending any suit upon this Mortgage, or to forecloss it. or to refomt it, or to enforce payment of any claims hereunder, said MORTG/1GEE shall spply to the Court having jurisdiction thereof for the appoinhne~t of a Receiver. wch Court shall forthwith sppoint a Receiver, of said morf~aged property slt and singular. intluding all and si~gular the income~ profits, issues and revenues from whatever sourte derived, each a~d every of whith. it being expressly understood. is hereby mwt- gaged u if specifically set forth and described in the granting and habendum clauses hereof. snd wch Receiver shall have all the broad and effective functioru and powers in anywise entnnted by a Court to a Reteiver. and wch sppointmtnt shall be made by wch Court as an admitted equity and a matter of absolute righf to said MORTG/~GEE, and without reference to the adequacy or insdequaty of the value of the property mortgaged or to the solvency or insolve~cy of said MORTG/1GOR or the defendants. and that wch rents. profits. incomes. isuiea and revenues shall be applied by such.Receiver sccording to the lien or equiy of said MORTGAGEE and the pnctice of wch Court. 9. ~ To duly. Promptly and fully perform, distharge. execute. effect. oornplete canply with and abide by each and avery the stipu- - iatioru, agreements. conditions and covenants in said promissory note and in thls nwrf~aQe set forth. 10. That i~ the e-+ent the ownership of the mortgaged premises, w any part thereof. becomes vested in a persan other thsn the MORTGAGOR, the MORTGAGEE, its ~sors and assigns, may, without rwtite to the MORTGAGOR, deal with suth wocessw or wocessors in interest with reference to this mortgage and the debt hereby secured i~ the same manner as with Mortgagor without in any way vitiatlna or discharging the MortgsgoPs lisbiliy hero~x~de? w upon the debt hereby secu~ed. No sale of the Premises he~ebY mortBaBed and no fwe- bearance on the part of the MORTG/1GEE M its wccessors or auigns and no exteruion of the time for the payment of the debt hereby secured g~ven by the MORTGAGEE or its successors or assigns. shall operste to release. dischsrge. modify. chsnge or effecf the original liability of the MORTGAGOR herein. either in whole or in part. - , 11. It is specifically agreed that time is of the essenoe of this aontnct snd that no waiver or any obligation herounder or of the obligation secured hereby shall at any time thereafter bs heW to bs ~ waiver of the temu hereof or of the instn~ment seoured hereby. . . Signed. Sealed and delive?ed in presente of: i I o - oF -~,,.C3RlC,~A ~ - - : M csFnu s,s O~OCUMENTARY , S„tAMP A~+ I g-+ ~EP .OF RE1IEM~IE ' . ~ ~ (SE/1U ~ - ' ~ ;;aY.rn ~ 3 3~. 7 5 ; - - - - - - STATE OF FLORIDA ) ~ ~ ~~y. } SS. o:. t t ~oT COUNTY OF-~--- - Before me personally sppeared and , . ~ his wife, to me well knawn. known b me to be tF+e individuals described in and who executed the foregoing i~ . and xknowledged before me that they execut same for the purposes thereit~ expressed WITNESS my hjp~d3nd official seal this ---dsY of--------------------- . A D. 19----- • Notary Publit in and for the Shte of Florida at Large.-- - My tanrnission expires: W A ~ a ~ w ~o ~ ~ w Z a Z ° A A r=- ao~ o x~~ w ~ ~ ~ ~ H ~a~ oG ~~oe d Q°= ~ ~ ~c c,,~ < ~5 Q d~l a~~a N o Q ~q ~ ~ . 800K~j~ pqCf,2 ~ 0 565 ~ ~ , ~ ~ U _ _ s r,H z~`°.