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Home My WebLink About0452 ~ 2-~.~ poncy a poiicies said MORTG/?GEE sFwll hav~ the option to reteive and apply tne sams un account ot tF+e indebtedness setured ncrebv or to permit said MORTGA~RS to rete~ve and use if or any part tF+eroof for othe~ purposes without thereby waiving o~ impa~ring any equity. lien or righl unde~ or by virtue of this Mortgage; and in the ever+t said MORTGAGORS shall fu• any ~eason fail to keep the ssid premises so inw~ed, or fail to delive~ promptly any of said policies of insursnn to said MORTG/1GEE, or fail promptly to pay fully any premium therefor, or in any respect fail to perfwm, diuhu~e, exetute, effxt. tort+plets, comply with a~d abide by this tovensnt, w anv W~ ~~~f, said MORT• G/1GEE may place and psy (or such insurance or sny part thereof wlthout waivln` o? sffetting any option. lien, equity, w right under or by virtue of this Matgage, and the full amount of each ~nd everl/ su~h P~Ymen~ iha~~ be immediately due and paysbla and shall bear inte~est from the date thereof until paid at the nte of 8. 25 per cent pt? annum ~nd to~ethe? with wth interest shall be secured by tM lien of this mwtgage. 4. To pe~mit, cornmit or wffe~ no waste, impsirmeot or deterioration of said property o? any put the~eof. 5. It is heraby specifitally agreed that any wrr? or wms w1+1th maY bs loaned.or advar?ced by ths Mortgagee to the Mortgagor at any time aher the retording of this indenture, togefher with inte~est thereon at the rste agreed upon at the time of wth loan or advance, shall be equaUy setured with and have the same prioriy ss the originsl indebtedness. snd be wbject to all the t~rms and provisions of this mortgage: Provided, that tF+e aggregate amount of principal outsta~ding st sny time sF+stl not exceed an amount eqwl to one hundred and fiffy per cent . (150~) of the principai amou~t aiginally setured hereby. . 6. 7o pay all and singular the costs, charges and expenses, includin~ ~ rcasonable atrorney's fee and costs of abstract of tttle in- currcd or paid at any time by sa~d MORTGAGEE betause or in the event of the failure on the pa?t of the said MORTGAGOR to duly, promptly and ful~y perform, dixharge, execute, effett, complete, tomply with and sbide by eath snd every the stipulations, agreements, conditions and covenants of said promissory note and this mortgage any or eith~~ and said costs. charges and expenses, each snd every, shall be immediately due and payable; whethe. or not there be notice, demand. ~ttempt to collett or wit pending; and the full amount of each and every wch psyment shall bea? interest from the date thereof until psid at the nte of $.25 Per tentum per snnum; and all said costs, tharges and expenses so inturred or paid, together with wth ~nterest. shall be setured by the lien of this mortgage. 7. TFwt la) in the event of any breach of this Mortgage o~ dehult on the part of the MORTG/1GOR. or (b) in the event any of said sums of mw~ey herein referred to be not promptly and fully paid within thitty (30) days next after the same severally becort+e due and payable. ? without demand o~ notice, w(c) in the event each and everv the stioutations, argeements. ca+ditions and covena~ts of said promiuory note F and this nw?tgage any or either are not duly, promptly and fully performed, dixharged, executed, effected, completed complied with and s abided by, then in eithe~ w any such event, the said aggregate sum mentior~ed in said promissory note then remaini~g u?~paid, with interest ~ acuued, and all moneys secured hereby, shall become due a~d payable fwthwith, or thereafter~ at the optia~ of said MORTGAGEE, as fully and completely as if all of the said sums of mor~ey were wiginally stipulated to be paid on suth day. anything in said promiuory note or in ~ this Mortgage to the contrary not withstandi~g; and thereupon or thereaher at the option of saW MORTG/1GEE. without notice or denwnd, 4 wit st law w in equity, 'may be prosctuted as if all monies setured henby hsd maturod prio? to ifs Institution. ~ i 8. That ln the eve~+t that at the beginning of or at sny time pendir?~ any wit upon this Mortgsge, or to fo?eclose it, or to ~efomn j it, or to enforce payment of any claims hereunder, said MORTGAGEE shall sppy to the Court hsving jurisdittion thereof for the appointmcr+t of a Receiver, wch Court shall forthwith sppoint a Reteiver. of said mortga~ed property all snd singular~ including all and singula~ the ~ incon~e~ profits, iswes and revenues from whatever source derived, eath and every of whith, it being expreuly undeataod. is hereby mort- ~ gaged as if specifitally set forth and described in tF+e granting and habendum tlauses hereof. and suth Receive~ shall have all the broad and effective functions and powe?s in anywise entnssted by a Court to a Receive~. and such sppointment shall be made by such Court as an admitted equity and a matter of absolute ~ight to said MORTGAGEE, and without reference to the adequacy or inadequacy of the vatue of the property mortgaged o? to the solvenq or insolvency of said MORTGAGOR or the defendants, and that wch rents. profits. incornes. iswea and revenues shall be applied by stxh Reteive~ atcording to the lien or equity of said MORTC/1GEE and the prattice of suth Court. 9. To duly. promptly and fully perform, discharge, execute. effect. oornplete comply with snd abide by exh and every the stipu- ; lations, agreements. conditions ar?d covenants in said promisscry note and in this mortaaQe set forth. ~ 10. That i~ the rve~+t the ownership of tfis mortgsged premises. or sny psrt thereof, becomes vested in a perwn other than the MORTGAGOR, the MORTGAGEE, its wccessors and assigr?s, may, without notice to the MORTGACAR, deal with such succeuor or wocessoa ; in interest with referente M this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any wsy vitiati~; - ar discharging the Mortgsgor's IiaWliy he?e~xider or upa~ the debt hereby secured. No sale of the premises herebY mortgaged and no fore- bearance on the part of the MORTGAGEE ~ in wccessors or assigns and no extension of the time fw the payr»ent of the debt hereby secured given by the MORTGAGEE or its wccessors or assigns, shall opente to rokase. discF?srge. modify, change or effect the original Itability of the MORTGAGOR Ixrein, either in whole or in part. 11. It is specifiplly agreed that tims is of the essenoe of this oontract and that ra waiver or any obligation hereunde~ w of ths obligation secured hereby shall at any time thereaher be held to be a waiver of the temu hereof or of the instrument secured hereby. Sig~ed. Sealed and delivered in presente of: ~ i a I F ~ i ~ - ; - (SEAU ~ - - - _ (SEAU ~ STATE OF FLORIDA ) ~ } SS. ~ COUMY OF_ - - - ~ a Before me personally appeared - - - - - and ~ ~ his wife, to me vrel! known. s to me to be the individuals described in ` and who exea,ted the foregoing ' mmt, and acknowfedged before me that they executed t e for the purposes therein expressed. ~ WITNESS nd snd official sesl this - - dsY of-------------- - - . /1. D. 19---- - ` Notary Pubtic in and for the State of Florida at Large. My tommission expires: ~ ~ ~ ~ ~ ~ w , d ~ ~ yo ~ W " ~ i ?aZ ° o y~ A ~ ~S ~ ~ - Q«~ O _ x~'a w ~ < > ~ . ~ a Z°C ' ~ a oa 4' ~ ~ ~~c ~ m ~ . - W.~Z ~ t Q ~ E.~lm ~ ~ _ ~Zp A ~ O `~F~ < W pq ~ ~ ~ ~ ~ a . ~ ~ eoox ~15 ~ F . ~ ~ , ~ ~JO ~ ~r . ~s ~ ~ fin > ~ ~ ~S t ~'Y +a ~ ~ -~-t > ~ ~ .f E~ ~'ra° `".F A'~`.n~"~^t~"3`~~ :~t~`__~~'c""~~`"~~"_~_.,_.~... . ~^~_~?"'y+~',~`".t~~