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Home My WebLink About2575 , ~ vo+KY a Po~icits said MORTGI1iGEE sh~ll h~w th~ optian to no~iw and apWy te~s sanM an aooo~sW ot t1r u+d~b~edness senn+a hetib~v o~ p~tmit sa~d MORTGIIGORS to reoeiw u+d us~ 1t or sn~? pxt th~tiof fw oMw purpos~s witl~out Msteby w~ivi/~ or imp~i.i~ snY e4~Nh. lise~ or risht w+der w by virtu~ of this Mort~s~t: and In 1!r ~~f Yid MORTGAL'rORS f1n11 fo? any rei~on fail fo keep the siid 0~~+ so iruund. w fail to delive~ P~~+P~b ~Y 0~ d iiwrsnw to ssid b10RTGAGEE. or bil pnonpty to ps~r 1u1b ~'r D~~~ ~"~O'• w in any ~espett fail b pafam. disdu~e. exea~te. ffhcf. oomPlKe. canpFy with snd abide b~r Mis oovww~t. a srw P~ ~eof. ssid MORT GAGEE may ptxe and ps~? fo. wd+ inswar~ o~arry o~ without vwivin~ w afhctin~ an~? aW~. ~~en. ew~M. a•i~1a under or M virtw of thit Mc+t~,a . snd th~ iull amww~t of ~tch and ~vMl? wth psynMnt fhtll b~ imne6at~? dut and P~ ~ shall besr a~terost a from the d~te M+ereo until psid at tFr ate of ~ 7.75 P« c~nt p~r srrran and to~etlw ~with sud+ intsrest si+~ll bt seaued by th~ Gcn of this mortga~e. 1. To permit. cat~nwt or wf~e~ no w~ste. imWini~ent ar dst~riorition of s~id propary or arry P~rt iF~ereof. S. It Is hereby sPecifitally s~reed thst any su~n w suins ~whid+ n~sy b~ lo~ned or sdvanced b~? the Mort~s~ee to the Mort~a~or st snr Nme sfter the reoordir~ of this indenturo. to~ether with interest the~wn at ths nt~ asreed upon st the time d sud~ ban or sdvance. shall be equaUy secund with and hsve the same priority ss the ori~insl indeDtednsss. ard be wbject to sll the tenns and provisions of this mat~a~ Provided. that the aggregate ama~nt of princip~l outstsndk+s at an~? time sl+all not e~ooeed an smour~t pwl t~o one hurdred ard fifty per cent c1so46) of the principat snwunt «i~insly secwed ~~Y. 6. To pay all and singubr the costs, chsrges and expa+ses. M~dudin~ s naasonabl~attorne~s fee and oosts of sbstnct of Htl~ in- curred or paid at any time by sa~d MORTG/1GEE because or in the evcnt of the faihwe an the put of the ssid MORTGA('AR to dulY. P~Dth~ and fully perform, discharge, execute. effect. camplete. aomDh? with and abid~ b~r a~d~ and eMe+y the stipulstions. a6reen+a?ts. ao~~tions and covenants of ssid pranissory rwte and this mortga~e x~y o? either. snd s~id ooa/s. d+sR~s and ex~es. esd+ snd eve'Y. shall be immediatety due and payabk; whether or not therc be notite. danynd, a~ P~^~: ~~~1 srtwunt of exh and every wth payment shall bear interest from ths date tF~ereof unti) psid st the nte of 7.75 ,xr aentun+ Der snnun+; s~d sll said costs, charges and expenses so incwred or paid. to~ether with wch mt~nst. sh~ll be secured by tht lien of this enort~sp. 7. That (a) in the event of any breath of this Mortgage ot d~fault on the paR of the MORTWiCAR. w lb) in the event snY of said wms of ma~ty F+erein referred to be not P~~+Vt~Y ~~~Y Wid within thirty (30) days nau shu the san~e seveolly beowne due and psyabk. without demand w notice. or (cJ in the- event each and everv the stioubtions. ar~ennents. oondtions ard oovensnts of said promissory n~te and thiz mortgage any or either are not duly. PromPtiy snd fulty performed, discha~ed, exetuted. effected. canpkted con~lied witfi ind abided by. tF+e~ in either or any suc~+ event, the said sggre~ste sum meotia+ed in ssid promissory note tt~en rern~inin~ unpaid. wifh interost acc~ued. and allmor~eys secured he.eby. shall becon+e due and paysble forthwith. or theresfter. st the option of said MORTGAiGEE, as futl~l and oariptetely ss if all of the said sums of ma+ey were originslly stiputsted to be psid on wd~ dsy. snythiot in said D~aniss~Y note or in this Matgage to the oontnry not withstandin~; and theroupon or M~eresfter st the optian of said MORTGACEE. vrithout notioe or demard, suit st Isw or in equity. msy be proaecuted as if all monies seaued haaby hd msdred P~ior to its irWitutioti 8. TMt in the aveet thst at tha begimirq~ of o~ at any tin~ pendin~ any wit upan tt~is Maf`a~e. or 1o forecbse it. ar to re(orm it, or to enforce pay~nent of sny claims hereunder. said MORTGII~C;EE sh~ll spply to the Court 1uvk~ jurisdichon thereof ior the aDOa~tme^t of a Reoeiver. wch Court shall forthwith sppoint a Receiva. of said mort~a`ed P~oPerh sll sed im~pulsr. ~ sll and sin~ular the ineoene. pvfits, iswes and revenues from whatevn saxce derived. ead~ and e~y of wl~icfti it be~n~ e~reKlp understood. is hereby mort- BaSed ss if specific~lly set forth and dau~'4od i~ the Brantu+i and habend~an tlsuses heneof, and wrl+ Reoeiver slnll have all the br+o~ad snd effective f~x~ctiau and powers in anywise ent?usted by a Court to s Reaiver. and wch sOPointn~nt shall be rnsde by wei+ Caxt as an admittod equiry and s matter of absolute right to said MORTGJ~CEE. ard wiHwut rsferenoe to the s~kquacy or insdequscy of the vatue of the D~~Y ~6~s~d or w the sotvency or insolvency of said MORTGAC,OR or ehe defendsrqs. snd that wch renK. profiits. Inoanes. iswea and revenues sh~ll bs applied by wd~ Receiver sooord'in6 to the lien or equity of ssid ~AORTCJ1iGEE and the practioe of uuJ+ Court. 9. To duly. Prort+Ptly and iutly perforn+. ~scharge. exeaite. effect. ooe~pkte oomplY with and sbide by ad~ srd every the stipu- latiw~s. sgroe~r~ents. oorditioru and tovenants said promiswry note snd In this tnortis~e set fo~tl~ 10. That in the event the ownerst+ip of the mort6sBed Premises. or snY Wrt tF~ereof. becornes vested in s person otl+er than the MORTGACAR. the MORTGAGEE, its wocessors and a~iens. ma~r. without notioe to the MORTGIIGOR. dat with wcF+ wcte~or or wocessors in interest with reference w this mortgage and the debt hereby secured in tfie same marx+er as with MortBsBp? without in an~r wsY vitiat~K or fiischarging the Mortgs~s liabilify hereurde? or upon ths del~t hareby sewred. No ss4 of the pnemises herebY nwrt~ed a~d n~ fwe- bearance on the part of the MORTGAC',EE n~ its succe~ors or asi~ns snd no extcnsion of the time for the Wyir~n+t of the debt herebY secu~ed g~ven by the MORTGAGEE or its wccessors or assigns. shall opente to r~elesse. ~schar~e. nwdiiY. cF~e or effect the ori8inal liabiliry of the MORTGAGOR herei~. either in whole or in psrt. I 1. It is specifiplly agreed that time is of ths eusnoe of this aontr'act and tlnt no vwiver or any obliption hae~a~der or of the obfigation sewred hereby shal) st sny time M~erwfter be held to b~ a wsina of the terrns hereof or of the ir~stru+nent _seained hereby- Si~ned. Seakd snd deliverod in presenoe of: I I C ~ ~ - - - - - - - ~ ~ ~ - - - . _ cs~w ST/1TE OF FLARIDA - S5~ COUNTY OF- - Before me persanally sppeared \ ~ his wih, to me well krwwn. and ~own to me to be the indvidwk destribtd in and who enewted the foregoing i f, and sckr~owled~ed before me ihat they exetutedkatFie,~*!e for the purposes therein expressed. ` WITN hand snd officisl seal this - dsY °f----------- . A. O. 19----- • . Nobry Publit in snd for the Stste of Fbrida st Large.-- - ~ - - - - ~i oo~s~a+ e~ircs:- ~ A ' ~ W v' o ~ . w = Z ~ i , ~ - ° Q A - ~ ~S > o ° z x o : Qs~ O w o aZ~ ~ ~ ~ m ~ H ~oQ a ~ ~ ~ p~'Z v o R A _ ~ e m _ ~ $ ~ Z o A 8 4 U K 2 1 J e A C t ~ 7~ d o~ H < ~ ~ ~ . O w ~ ' ~ ~ . - . ~;W ~