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HomeMy WebLinkAbout0006 , ' ~ i . ~ • oiicies said MORTCAGEE sh~ll F+ave ths option to receiw •nd appN tne sams un •ccount o? ths indebredness secu.ea n_~ r~+? permit sa~ R~ to reteive and use it or sny part theroof fa othe~ purposes writhout thereby waivi 'm~pat~ n~ s(~iny equify. ~ lien or ~ight unde. or by vtrte,e e• snd in tM wont ~aid MORTGAGORS shall ail to keep the said prcmises so inwrad, or fail ro delive? promptly any of sai po to said M ~ il t to . c?on+P b wr fi,~ly snY P?~^+iwn ehe.ero. or in any respect fail to pe~torm, discharQe, exetute, effett. 1de by thls toveas~t. or snv Dsrt hereof. said MORT GAGEE may ptace and pay fw such inwnnte roof without waivln~ o? a ien, eQuity, or right under a by virtue of this Mortgage, and t n of eac snd evtry wth p~ymemt shitl b~ i tafely dus • ps bea~ interest from the dat ~ pald st the rats of six snd six-tenths per cent p~r annwn and toQether wit1~ wch interest shall be secu s morfgage. 4. To pe~mit, tommit or wffer no waste, impairment or dete?ioraHon of ssid property pr sny pa~t theroof. 5. It is hereby specifitaliy agreed that any wm or surns which may be Iwned or advsnced~y the Mo?tgagee to the Mortgagor at sny time ahe~ the recording of this indentura. together with inte~est theroon at ths nte ag.eed upon at ti~e time of wth Iwn or advance. shall be equally secured with and have the same priority ss the original indebtedness, and be wbjett to all the terms and provisiau of this mortgage: Provided, that the agg~egate amount of principal outstanding at any time shatl not exceed an smamt eqwl to one Iwndred aed Hfty per ce~+t (1509b) of the prFrrcipal amount originaUy setured he~eby. 6. To pay all and singular the tosts, charges and expenses, includin~ ~ reaso~sble a~~ey 's fee u+d costs of abstnct of title in- curred o? paid at any time by said MORTGAGEE betause or in the event of the failure on thepa rt of the said MORTG/1GOR to duly, prornptly a~d fully perform, dixharge, execute, effect, complete, comply with and ~bide by each and every the sltpulatiau, agreements, conditions and covenants of said promissory note and this mortgage any or either, snd said tosts, chsrgos snd expenses. each and every, shall be immediately due and payable; whethe. o. not there be notice, demand. attempt to colfect or wit pending; and the full amoun~ of each and every wch payment shall bea~ interest from the date thereof until paid at the nte of six and six-te~ths per tentum per annum; and sll said costs, charges and expcr?ses so incurred or paid, together with wch ~nterest. shall be secured by the lien of this matQage. 7. That fa) in the event of any breach of this Mortgage or defsult on the part of the MORTGAGOR. or (b) In the eve~t any of said ' sums of nwney herein referred to be not promptly and fulty paid within thirty l30) days next after fhe same severally become clue and payable, without derrw~d or notice, or (c) in tF?e event each and everv tF+e stioulations, a~geements. condifions and covenanfs of said promissory note and this mortgage any or either are not duty, promptly and fully pe?formed, discharged, executed, effetted. compkted complied with and abided by, then i~ either or any such event, the said aggregate wm mentioned in said promissory nore then remaining unpald, with interest accrued, and all mo~eys secured hereby, shall become due and payable forthwith. or thereafte~, at the optian of said MORT(',/1C',EE, as fully and tompletefy as if atl of tF+e said sums of mw~ey wr~e originally stipulated to be piid on suth day, anything ln sald promissory nofe or in this Mortgage to the contrary not withstanding; and thereupo~ or thereafMr at the option of said MORTGAGEE, without notite or demand~ t s~it af law or in equity, may be prasecufed as if all mo~ies setured hereby had matured prior to its institution. - ~ , R. That in the event that at the beginning of or at any time pending any wit upon this Mortgage, or to forettose it, or M re/wm ir, or ro E• farce payment of any claims hereunder, said MORTGAGEE shall appy to the Court having jurisdiction thereof for the appointma+t i of a Retei~ ~r, such Court shall forthwith appoint a Reteiver~ of said mortgaged property all and singular, intluding alt and singular ttie ' income, p~• rits, issues and revenues f~om whatev~r source derived, eath and every of whith, it being lxpressly understood, ls hereby mort gage•± .r specifiwlly set forth and described in the granting and habendum tlauses hereof, and wth Receiver shall have all the broad srd effr:.nve functions and powers in anywise e~trusted by a Court to a Receiver, and such sppointment sFwlt be made by s~xh CouK as an admitted equity and a matter of absolute right to said MORTCAGEE, and without refrrente to the adequa~y or inadequaq of the value of ths F~~~Y ~tBaged or to the solve~cy or insolvency of said MORTG/1GOR or the defendants. and that such rents. profits. incomes. issues and revenurs sF~al( be applied by wch Receiver accwding to the lien or equiry of said MORTGAGEE :nd the practice of such Court. 9. To duy, promptly and fully perform, discharge, execute. effect. tonplete cort~ply with and abide by each and every the stipu- iatioru, agreements, tonditions a~d tovenants in said promissory note and in this mortaaQe set forth ' 10. That in the event the ownership of the mortgaged premises. or sny psrt thereof. becomes vested in s- person other thsn the MORTGAGOR, the MORTGAGEE, its wccessors and assigns, may~ witF~out notice to the MORTGAGOR, deal with such wcces~ or succeswrs in i~terest with reference to this mortgage ared the debt hereby secured in the same msnner ss with Mortgagor without in any wsy vitiati or discharging the Mortgagor's Itabiliy F+eraw~der or upon the debt hereby sewrcd. No sab of the p~ernises hereby mortgaged and no ~e- bearance on the part of the MORTGAGEE M its wccessors or assigns and no extensian of the time for the payment of the debt hereby secured 8iven by the MORTGAGEE or its successors or assigns, sF~sll opente to rclesse. disch~rge. rinodity~ chsnge or effect the originsl liability of the MORTGAGOR herein, either in whole or in pavt. 11. It is specifically agreed that time is of the essenoe of this contact anc! that no waiver or u~y obliQsHon hereunde? or of ths obligatio.~ secured hereby shaf! at any time thereafter be held to be a waiver of the terms heraof or of the instrurnent seoured he~eby. _ _ _ _ - _ _ . _ - ~ IN WITNESS WHERC-0F. the said MORTCACpR has hereunto set his hand and seal the day and year,first sforesaid " Signed. $ealed and delivered in presence of: ' J , _ -~J ~ ~ ~ - - '~J (SEAU -7------------ - - (SFJIU - , STATE OF FLORIDA - ) i } S5. _ ~ COUNTY OF----------------- - ~ _ j Before me personall a ~ Y PPeared and I his wife, to me vrell known. and krwwn w me to be the individuals described in E i and who executed the foregoing instrument, and acknowledged before me that they executed tF~e same for the purposes iherein expressed. F WITNESS my iynd~ard official seal this.--- - - dsy af_~__ E - - - • A D. 19------ • ~ _ , ' - ~ Nohry Pubtic in and for the Stste of Ftorida at lsrga i t My tommission expires: e . . _ . : . . . . . . . - - - ~ ~ ' ~ ; a t ~ " ~ ~ r.~ f ~ w d v~ z ~ r 1~+~1 ( ~ ~ - zaz ~ e s A - - ~ ~ A ~ ~ z ~ a°~ o ~~o ± w ~ a > ~ rH.~ ''~W ` L~+ 0 Qa~ ~ ~am ~ ~ ~y ~00 ~ E ~ ; ~ A O O ~ `~~i ~ ~"1 ~ < A ~ & ~ ~ ~ ~ ~ ~ ~ r ¢ O BOOK 214 PACE . 6 ~ ` ~ I ~ ~ ~ ~ ~ . . ~ . ` _ . r':~ +k ~ ~~~say s„+~ ~ ,g_ y . j 1 ~ > ~'-~a ~%a . - ~ s _ I _ ' - - . . ~a;-x.,. ~ ,