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Home My WebLink About0712 voiiq or poticies said MORTCNGEE shall have ths option w roceiw snd apply tne s~m~ un sccount ot t1+s indebtedness securea nerobv w m permit said MORTG/1GORS to ~eceive and use it o? sny psrt fMnof fo? other pu~p~s without thereby waivin~ or impai.in~ anY eQuity. lien or H~ht unde. a by virtw oi this Mort~a~e; ~nd in th~ w~nt ~aid MORTC~/1GpR5 sMll ia a~y resson fsil to keep tM ssid p?emisos so inwred~ or fail to deliver pranpNy any of said polities of inwrant~ to saW MORTCJ?GEE~ or fail p~omptly to pay fully sny premium therafw. a in sny ~espect fatl b perform. dischsrge. exetute, efhct, t~anplet~. comply wlth and abids by fhk covensnt. or snv W~t hereof~ said MORT• G/ICEE msy plKe and p~y {a suth i~wnna or ~ny put tMroof without vwivin~ w sfhctint s~yop tton. lien, equiy, a right under or by virtus of this Mortgage. ~nd the full amount of sath u+d twry wth paynNnt shall b~ inxr~sdiatefy dus and payabl~ and shal! bea? interest from the datt thereof until paid at tM ~ate of '7 ~'T 5 ptr cent pa a~nwn snd !o~ether with such i~terest shall be secured by tM lien of this mortQage. 4. To pe~rnit. comrnit a suffer np wasts. i~repairment or dsferioratio~ of ssid property o? sny part theroof. 5. It is hereby specifiplly agresd that any sum or wrns which may bs loaned or advanced by the MortgaQee to the Mortgagor at any time after the retording of thls i~de~tu~e, together wiM i~terast theroon at the nta a~reed upon st tl~s time of wth ban or sdvu+ce, shall be equaily secured with and have the same priority as the ori~inal i~~debtedness~ and bs wbject to all ths tenns snd provisiau of this mortgage• Provided, that tF+e aggregate amount of principal outstandin~ st ury ttme shall oot axcaed so arr~t eqwl to one fwndr+ed and Hfty per cent t150~i) ot the p.(ntipsl smount originally setured he?eby. 6. To pay all and singuisr the costs, tF+srges and expenses. inck~rts a msson~bk stto~ney s fee and costs of abst?act of title in. cun~d or paid at any time by said MORTG/1GEE because or in tFre evc~+t qf the hiluro on the part of the said MORTGAGOR to duly, promptiy u+d fuliy perform~ discharge. execute. effect. complete. cornply with a~d abids by eath u~d eyery the sfipulations. ag~eements, conditions and covenants of said promiuory note and this mortgage any w eithaf, and said costs~ chuges ~nd expenses~ each snd every. sF+all be immediatey due and payable; whethe. or not there be notics, dsn?and, ~tten+pt to ooltect or wlt pendin~; a~d the full amaint of each a?~d every wch payment shal! bear interest from ths dste tF+ereof u~til psid st the rste of 'r ?~j per centu~n per am~m; ~nd all said costs. tharges and expenses w i~curred or paid, together with wch mterost. shsll bs secured by the lie~ of this mort~ags. 7. That la) in the event of any breach of this Mortgage or dehult on the psrt of the MORTGAGpR, or (b) in the event any of said wrns of money herein re/a~red to be not promptly and fully paid within thirty (30) dsys next aRer the sama severaly t?ecome due and payable, without demand or notice, or (c) in the event each ar+d everv the stinulaHons, s?geements~ conditions and covena~ts of said promissory note and this mortgage a~y or either are not duly, prompth srid fu~h? Pe?forn?ed. d+scharged. executed, effected, compieted canpNcd wlth a.+d abided by. then in either or any wth event, the said aggregate wm mantioned in ssid promisso~y note tl~ remaini~a unpaW, with interest sccrued, and allmoneys secured hereby, shall become due snd psyable forthwith, or thereaNer, st the option of said MORTC/1CEE. as fully and comptetely as if all of the said sums of money .vere o?iginally stipulated to be p~id on wch day, snything in ssid promissory note o? ie this Mwtgage to the contrary r+ot withshnding; a~d the~eupon or tl+ere~fter st the optwn of said MORTG/1GEE. witFwut notice or demand~ wit at law or in equity, msy be prosecuted as if all monies setured hereby had mstarod prior rp its instifuHon. ' 8. That Io the event that at the beginning of or at se+y time ~n~ any suit upae this Mortgsge. or to forecloss It. or to ?efom~ ~ it, or to e»force p,~yme~t ot any claims he~u~der~ said MORTGAGEE shall apply b ths Cowrt F~vina ju~isdictiae thereof for the sppointment of a Receiver~ such Court sha11 forthwith appoint a Receiver, of said ~no~t~aQed propeirty al) snd sinQulsr~ including all and singutar the inoane. profits, iswes and ?evenues from whatevcr source derived. wch and every of whlch. it being expressiy undentood. k he~eby mort• gaged as if specifically set forth and desc~ibed in the granting and hsbendum tlauses hereof. and suth Receiver shall have ali the broad snd effective functions anti powers in anywise entrusted by a Court to a Reoeiver. and such sppointrnen! shaN be rtisde by suth Court as an admitted equity and s matter of absolute right w said MORTG/1GEE, snd without rekreoce to the sdequacy or inadsquacy of the vslue of the D~~~1/ RwrtBaBed or io the soivency or i~uotve~cy of said MORTGAGOR o? the defer~dsnts. snd thst wd~ re.?ts. profits, tnoomes, tswes and revenues sh~ll be spplied by sud, Receiver according to the lieo or equiry of said MORTGAGEE and the pnctice of wch Court. 9. To duly. PromPtly and ~uly perform, disclwrge, execute, effecL canplete canpfy with and ablde by each and every the stipu- lations, agroements, oonditions and coverw~ts in said promiuory note and in this mortQa~e set forth. 10. That in tne event the ownership of ths mortga8ed premises, or sny put thereof. becanes vested in s person other tt?an the MORTGNGOR, the MORTGAGEE, its wccessors and assigns, may. without notice to the MORTC/1GOR. deal with wch wooessor or woteswrs in lnte?est with refermce to this mortgage and the debt he~eby secured ie~ the ssme manner as with Mortgagor without in sny wsy vitiatir~ or dtscharging the Mwtgagor's Uability heraxdsr or upon ths de6t hereby secured No sale of the premises FKreby mottgsged and no fora bearance on the part of the MORTGAGEE its wcoessws or assi~ns and no exte~sion of-the time for the psyment of the debt hereby secwed given by the MORTGAGEE or its suaessors or sssigru, shall opente to mlesse. cGscF~srge. modlfy. change or effect tM original liability of the MORTGRGOR herein, either in whok or in psrt, I1. It is specifiqlly agrced that Hme is of ths euerw:e of this aontrsct and that no vraiver or any obligation heneunder or of the obligation secured hereby shsll at any time thereafter be heid to bs • waiver of the te-ms hereof or of the instrument securod heroby. . sa to set is a sea t y a year first aforesaid Signed. Sealed snd cklivered in presence of: - tSENU - - - - - - (SEAU ST/1TE OF FLORIDA ~ S5. -----I , eetore me pe.sona~y sppeared ana i - his wife, to me well krwwn. and to me b be the individuals destribed in a^d who ex~uted the foreBa~B i t. snd xknowled~ed before me that thry executed the for t:x purposes therein expressed. j WITNESS nd srd official sea! this ---day of____--------- -./1. D. 19__-__ . ~ ; - i - - i Nohry Pubiit in and for the State of Florida st lsrge. My oornmission expires: i ! ~ ~ A ~ a_ W d ' UR ~ ~ W Z Q z 800r.214 PAGt _ 11~ ° A ~ ~ ; ~ ° ` i Q~v ~ o ~ F, a ~ ~~"a~ i a R~ ~ ~ ~ ~ ~ ~ a ~ ~ ! ~ ~ W Z U • pq , ~ _;:A ~ : ' ~1 o A d e a i ; ~ ~ ; s ~ ~ ~ ; O ~ ; ~ , - ~ r . , ~ ~ _ _ _ _ I I Yr1-..> '}..R ~ ~ ~ ~ ~s3 ~ ~'~'~'~+6.~ 4~ „ f Y ~y~~ ~ - '_`'x~'~~