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Home My WebLink About2490 pouty w policies said MORTG/1GEE sFnll hsve fhs opNon to rece{w ~~d apply tM sam~ un sttount of Lt+e i~~debtsdness secured hcrtbv or M petmit said MORTGNGORS to reteiw and uso it or sr~y pati tMr~of for othe~ pu?poses without tF+ereby w~ivin~ o~ impairin~ uty equlh. lien or riaht under ot by virtue of this Mo~t~a~e: snd t~ th~ went s~id MORTG/1GORS sh~il (or any re~son fsil to keep tF+e s~id ptemisos so ir?wred. w fail ro deliver promptly any of said poUcies of inwnnp to said MORTG/1GEE, w fail pranptly to psy fully soy premium thuetor, or in any respett fail to psrfam, discl+~~~e, execut~. efhct. tompl~t~, tomply with snd abid~ by this cove~snt, or snv pa~t he~eof, said MORT- GAGEE may pisce snd psy fw such insu?sncs or a~ part tMroof without watvin` w affectin se?y opNan. liee~, equiy, o? right under a by virtue of this Mortgage, snd ths full smou~t of ea~ ud tvtry such P~YrnMt sh~ll b~ i~ately due snd paysbl~ snd sF+all bes~ interest fran the date thereof until psid st tM rate of 8 pe~ tu~t pK annum snd totethar with such interest shall b~ secured bY ths lien of this mortgage. 4. To permit. canmit w wffer no wasb, impairtneet or d~te?ioation of s~W property or sny part ther~of. 5. It is hereby specifically agreed thst any wm w wms which tnsy be lo~sned or sdva~ced by ths MortQaQee to the Mortgagor at any time aher the retordin~ of this indenture. to~ether with lnterest theroon st ths tate a~reed up~on at the time of wth laan or advsnce. sha~~ be eqwlly secured with and have the same pricrity u the ori~inal indebtedness, snd be wbject to sll the temns and provisions of this mortgage: Provided, that the aggregate arnount of principal outstandin~ at a~y tlme sh~ll not exceed an smax~t eqwl to one hundred and fifty per cent (15096) of the p?incipal amount originally secured hereby. 6. To pay all and singular the costs, charges a~d expenses, includin~ s ro~sonsbk attaney s fee snd costs of abstnct of title in- turred or paid at any time by said MORTGAGEE betause w in the event of the hiluro on the part of the ssW MORTG/1GOR ro duly. promptlY and fully perform, distharge, exetute. effett. tomplete, comply with and abtds by esth and every the stipulations. agreements, conditions a~d cove~a~ts of said promissory ~+ote and this mortgage any or eith~~ ~id costs, charges s~d expenses, esch and every, sha~~ be immediately due and payable; whether or not there be notice, dema~d. sttampt to collect or wit pending; and the full amount of each and every wch psyment shall besr interest fran the date thercof until pald st fhe rate of $ per untum per smum; snd all said costs, chsrga and expenses so incurred or paid, together with suth mterest. sh~ll be securcd by the lien of this mortaage. 7. TF+at (a) in the eve~t of sny breach of this Mortgage or dehult on th~ part of the MORTCl1GOR. w(b) in the event sny of said wmi of money herein refe~red to be ~ot promptly and futly paid within thlrry (30) dsys next sfter the ssme severally betorne dus snd paysble, without demand o? ~otice, or (c) in the event each and averv the stioulations, argeements, cc~ditio~s snd covenants of ssid p~amissory note and this mortgage any or either are not duly, .prompNy and (ully pertormed, distharged, exetuted, effected, compteted cort+plied with snd sbided by. then in either w any suth event, the said aggregste wm mentioned in said p?omissory note then remaining unpaid. with i~terat accnxd, and all moneys secured he~eby, shall become due and psyabte torthwith, or thercaher. at the option of said MORTGAGEE. as fully . snd tampktely as if sll of the said wms of nio~ey w~ere originally stipulated M be paid on wth day. anyfhing in said promissory nofe or tn this Mortgage to the contrary not withstanding; and the~eupon o? thereafter st the option of said MORTGAGEE. without notice or demand. wit st law or i~ equity, may be prosecuted as if all rt~onies secured hereby hsd maturod prlor to Its institutio~. 8. That i~ the avent that at the beginning of w at any Hnne ~endir~ sny suit upa+ this Mortgsge. or to foreclose it. or M reform it, or to eniorce psyment of smr claims hereunder. said MORTGAGEE shsll spply to the Court hsving jurisdiction thereof for tM appoi~tmmt of • Receiver. wcFi Court shall fo?thwith sppoint a Receiver. of said mort~s~ed property •II snd singular~ i~cludinQ sll and singular the inoome~ profits, issues and revenues from whatevcr source derived, each snd every of which. it being exp~essly understood. is hereby mort• gaged u if specifically set forth and described in tF+e granting and habeod~xn clauses hereof. snd wch Receiver shall have all the broad snd effective functions and powers in anywise antnnted by a Court to a Receiver. snd wd~ appointment shall be rrude by wch Cauf u an admimd equiy and s matter of sbsolute right to said MORTGAGEE, and without mference to the sdeqwcy o? inadequscy of the value of tM propeify mortgaged or to the solvency or insolvency of said MORTG/1COR or the defendants. snd that wch rents, profits. incoma. iswes and revenues shall be spplied by such Reteiver according to the lien or equlty of said MORTG/1GEE s~d the pnttite of such Court. 9. To du~Y P~++Ptly snd fully perfomn, discharge, execute. effect. oomP~ete oort~ply with snd abide by each snd every the stipu- lations. agreert~ents, conditions and covenants in said promissory note snd in this mortQaQe set forfh 10. That in the event the ownership of the rnortgsged premises. or sny psrt thereof~ becomes vested in s person other than tF+e ~ MORTGAGOR. the MORTGAGEE, its wctessors and usigru, may, witFwut notice to tM MORTWGOR, deal with suth wttes.so~ or sutcesson in interest with reference to this mortgage and the debt hereby setured in the same manner ss with Mortgagor witF~out in sny way vitiatinQ o? discha?gt~g the Mortgagor's Itabilly herounde~ or upon the debt he~eby securod. No sak of the premises hereby mortgaged and no fora bearance on the part of the MORTG/1GEE c~ its wtussors or auigns and no exta~sion of the time for.the payment of the debt hereby secured give~ by the MORTGAGEE or its wccessors or sssigns. shall operate to relesse. discharge. mofiify. change or effett the original liabiliy of the MORTGAGOR herein, either in whole or in part. 1 l. It is specifiplly agreed that Nme is of the essenoe of this oontnct and that ~o waiver or amr obligation hereunder or of the obligation secured hereby shall at any time therafter be held to be a waiver of~the terms hercof or of the instrumeM secured hereby. Sig~ed, Sealed snd delivered in presence of: f,,,~„'''~ i _ I ~ - - (SE/RU • ~ ---(SEAU s_ ~ ~ ST/1TE OF FLORIDA ` COUNTY OF---- t ~ € Before me persa~ally sppeared . ' ~ and ~ _ his wife. to tns well known. ~Ind..known M me to be the individuals described in and who executed the foregoing in~ahent, and acknorvledged before me that they executed'thQ_same for the purposes therein expressed WITNESS p~r•~ and official seal this_-- --.dsY of---------------------------------- . A. D. 19------ - -~?t . ' ' - Notary Publit in and for the State of Florida st Larga M commission expires: ~ A i ~ a ~ w , Z s,~ STAT aF FLO R i D A~~ o DOCUMENIARY <~~y StAMP tA). ~ ~ w Z E. ~ °c-~ UEPT.OF RE1fENUE i p e A az _ _ =Z9.8~b~ a ~ -~c~ ~ iiHl-i•T= " Q Q v O a = t 1~ 02 • ~i ~ 0 . ~zw ~ ~ oc pr ' m d1 H ~a~ a ~ ~ e Q z ~ t~ ~ o~ ~ H`~ ~ ~ ~Zo W ~ o~ E~ < A ~ ~ :F ~ o aooK2~4 PACE~488 ' F . ~ . ~ ~ ~ ~ ~ ~ r ~Y r•. . s_+~ ,